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

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

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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

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

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

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

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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%.

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Campus Activewear shares

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

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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.

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