Yatra Online share price rebounds from intraday low. Buy, hold or exit?
Stock market today: Yatra Online share price opened at a discounted price during special pre-open session on Thursday. Yatra Online shares listed on BSE at ₹130 apiece on BSE, ₹12 lower from upper price band of Yatra Online IPO.
Likewise, Yatra Online share price listed on NSE at ₹127.50 per share levels, ₹14.50 lower from the upper price band of the public issue. However, Yatra Online share price bounced back from its intraday lows on BSE and NSE that sparked speculation about allottees getting some gains from the public offer if this bounce back gets extended by the end of Thursday session.
Yatra Online share price opens at 10% discount at ₹127.50 on NSE According to stock market experts, after tepid response by investors and weak stock market sentiments, Yatra Online share price was exptected to have flat listing on Indian bourses. They said that alloottes should not expect much from this rally as the company failed to make investors understand its business model and revenue generation in medium to long term.
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