Tata Technologies share price gains after giving multibagger return to allottees. Buy, sell or hold?

livemint.com:

₹1400 apiece levels on NSE, delivering 180 per cent listing premium to those allottees who remained invested in the stock despite stellar listing gain from the multibagger IPO. According to stock market experts, demand for Tata Technologies share price is still intact as it has registered arond 3.3 crore trade volume within an hour of listing on NSE.

They said that allottees who have invested in Tata Technologies IPO can book profit and exit whereas a cautious investor can wait for more gains maintaining trailing stop loss at ₹1299 apiece levels that should trigger till ₹1290 levels. But, for those who invested for long term, this is an ideal stock to keep in one's portfolio.

For those, who missed to get Tata Technologies share via allotment process, they should wait for few sessions and enter once the stock settles after listing euphoria. Speaking on Tata Technologies IPO listing, Prashanth Tapse, Senior VP — Research at Mehta Equities said, "As expected a bumper listing above our expectation respecting the legacy of TATA brand.

After witnessing a remarkable subscription demand. Tata Technologies IPO garnered significant attention in the stock market among the 5 IPOs.