Campus Activewear shares list at premium. Should you buy, sell or hold?

– Campus Activewear share price may rise further as fundamentals of the stock are quite strong, believe stock market experts

Despite weakness in secondary market, Campus Activewear shares today made a strong debut on Dalal Street. In special opening session, Campus Activewear share price today listed at ₹360 on NSE

which is around 23 per cent higher from Campus Activewear IPO upper price band of ₹292 per equity share.

After opening at ₹360 levels on NSE, it went on to climb to its intraday high of ₹367 whereas its intraday low is ₹337. 

On BSE, Campus Activewear shares are quoting around ₹350 per share.

On the NSE, the stock made its debut at ₹360, a jump of 23.28% over the issue price. It ended at ₹372.65, a gain of 27.61%.

Campus Activewear shares

In traded volume terms, 34.99 lakh shares were traded at the BSE and over 5.87 crore shares at the NSE during the day

Its market valuation remained at ₹11,521.78 crore on the BSE.

The initial public offer of Campus Activewear was subscribed 51.75 times last month.

According to bulk deal data available with the National Stock Exchange, Motilal Oswal Mutual Fund bought 48 lakh shares of the company worth ₹174 crore through three transactions.