Economy · India
SS Retail Shares Surge After Strong Market Debut
SS Retail shares extended their gains by another 6% following a strong market debut where they listed at a 50.73% premium over their IPO price on the BSE. The stock is currently trading at approximately 46.5 times its FY26 projected earnings. Swastika Investmart has maintained a Neutral rating on the stock, citing demanding valuations and a limited margin of safety, despite acknowledging strong growth prospects.
How outlets across the spectrum covered it
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- Centre (6): Business Standard, Mint, The Economic Times, The Financial Express, The Free Press Journal, The Hindu BusinessLine
- International (2): Bloomberg, CTV News