Ganesh Forging : Mixed Trends

The Ganesh Forging stock today listed with a great "josh" but failed to maintain it . The stock is currently struggling to maintain itself between 45-49 range. The stock is currently trading at a permium of 56% to the issue price.
One reason for a luke warm listing may be the listing of the stock only on BSE which gives it lesser visibility and participation.

For Investors looking for listing gains, Investment Guru recommends to partly offload at a price of Rs. 50-52 and wait for another one or two days to see how it moves.
The short term outlook for this stock is weak.
Long term outlook for this stock is stable. So any Investor who wishes to hold it for period of 2 years can hold it for better gains.

Happy Investing!