Mazagon Dock – Bulls Vs Bears Case: Anil Singhvi explains strategy investors must follow

a large ship in a body of water

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Anil Singhvi Managing Editor of Zee Business says listing of Mazagon Dock today was much above the issue price but didn’t open as strong as it was expected. Some buying is happening in this counter but that was also not as strong as expected. The Market Guru said this is the first time in IPO history, on the listing day the channel is doing Bulls vs Bears case for a newly listed company. The reason for doing this analysis today is to help those participants understand who have got allotment about what they should do from here – hold or exit. It is also about telling those investors who didn’t get the allotment, whether they should invest at current market price.  

Bulls Case:  

Mazagon Dock is the only PSU shipyard company that makes conventional submarines and destroyers for Indian Navy. Order book of the company

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