Aegis Vopak Terminals Ltd. and Leela Hotels Ltd. – both listed on Bourses with weak market sentiment today. Leela Hotels opened at a discount of Rs 406.5 per share at a discount of Rs 406.5, and Aegis Vopak opened at Rs 220, down from 6.38% of its offering price.
Zee Business’s executive editor Anil Singhvi Market Guru shared his thoughts on both lists. He reiterated his positive long-term view on stocks, while recommending short-term investors to be aware of emergency stops.
AEGIS VOPAK IPO: May be listed around issue price
Singhvi said Aegis Vopak could be listed at an issue price of Rs 235. Singhvi earlier made some comments suggesting buying an AEGIS VOPAK IPO from a long-term investment perspective, especially due to the ratio of company fundamentals, and the possibility in the energy logistics sector. Singhvi advises: “Short-term investors should closely monitor listings and maintain appropriate restrictions on IPO prices in accordance with high volatility.”
For long-term investors, over 1-3 years, Singhvi recommends holding the back list under the strong parent, operational power and pro-prodector.
Leela Hotels IPO: Stable list on cards close to Rs 435
Leela Hotels may also be around its offer price of Rs 435, Singhvi said. Given his reputation in high-end hospitality, he reiterated his views on applying for an IPO in the early days. “Short-term players can decide to be on the list with Stoploss,” he said.
Long-term investors should hold stocks for at least one to three years, he said, as the hotel industry will benefit from rising travel demand and good government policies supported by family travel.
Anil Singhvi method
Both Leela Hotels and Aegis Vopak responded well to investors, but Singhvi warned that we can never rule out volatility on the listing day, especially given the K sentiment fluctuations and noise surrounding the sector-specific news.
He hasn’t clearly seen that either of the two names has a favorite, but he stresses that both provide visibility for long-term growth. Singhvi’s recommendations conform to the fundamentals and a larger pattern of investment investments with long-term sustainable returns rather than relying on listing returns.
Investors are advised to pay close attention to open clues and follow Stoploss discipline if there is a short-term intention.
