Stock Market: Raymond Realty and Kalpataru Shares Debut

Several real estate companies recently entered the stock market.

Raymond Realty, the real estate branch of Raymond Ltd, started trading, with shares opening a bit lower than expected.

Kalpataru, another company, began trading at the IPO price, but quickly rose in value.

Analysts have offered advice on whether to buy, hold, or sell these stocks, noting the performance and underlying financial concerns of these companies.

This follows the listing of shares after their initial public offerings, a process where companies offer shares to the public for the first time.