After a successful launch on Dalal Street, the share price for SBFC Finance continues to increase. Purchase, sell, or hold?

The SBFC Finance share price was introduced at the BSE at 81.99 per unit, providing its allottees a listing premium worth around 44%. On SBFC Finance IPO was priced at 82 per share on the NSE. The newly listed share didn't stop there either. SBFC Finance shares quickly increased in price after listing, hitting intraday peaks of 93.26 on the BSE and 93.70 on the NSE.

Stock market analysts believe that SBFC Finance's share price will continue increasing and hit levels of 105 per share. Allotters are therefore urged to continue holding the shares to maximize the listing premium. However, they suggested that they keep the stock with a stop loss at levels of $80 a share. Stock experts advised 'only high-risk traders' to buy shares right now at levels for a target price of 105 per share while keeping a stop loss at 87 levels for new entries.

SBFC Finance share price target

Anubhuti Mishra, Equity Research Analyst at Swastika Investment, commented regarding the SBFC Finance IPO post-listing view: "SBFC Finance stands out as a fast-growing non-banking financial company (NBFC) with robust earnings growth and strong asset quality. Although driven investors can hold it for a long time, it has a reputation for being subject to interest rates and market cycles, so in the current market, after listing at such a premium, one should book profit.

Vaibhav Kaushik, a Research Analyst at GCL Broking, encouraged allottees to hold on to their SBFC Finance shares & said, "SBFC Finance share price could reach triple-digit on trend reversal on Dalal Street. Therefore, I advise SBFC Finance shareholders to keep holding the stock to reach the immediate goal of 105. However, to hold the stock until the target price of 105, one must keep a strong stop loss at levels of 80 per share.

Vaibhav Kaushik of GCL Broking made the following recommendation to individuals who were unable to get SBFC Finance shares through the allotment process: "Only high-risk traders and investors are recommended to purchase at current prices keeping stop loss at 87. Their initial goal would be 105.

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