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Premier Energies shares fall 13% after multibagger listing. Should you buy, sell or hold?
Shares of Premier Energies took a sharp fall of 13.4% after opening at a 120% premium. The IPO was highly subscribed, driven by strong investor interest. Analysts suggest that despite competitive industry conditions, Premier Energies’ strategic positioning offers potential for long-term growth. Investors are advised to consider profit booking or apply a stop loss strategy.