Why Coal India’s arm CMPDI could be a buy even after 7% IPO debut crash today
Shares of Central Mine Planning & Design Institute (CMPDI), a subsidiary of Coal India, could be poised for near-term upside, according to analysts, as the stock made a subdued market debut on Monday. The shares listed at a discount of around 7% to their issue price amid weak investor participation and cautious market sentiment. The…