Stock Market Update | Post listing view on Mukka Proteins from Shivani Nyati, Head of Wealth at Swastika Investmart Ltd.

Mukka Proteins, a prominent player in the fish protein products industry, debuted on the stock exchanges at Rs. 40 per share. This translates to a 42% premium over its issue price of Rs. 28, marking a positive listing. However, this performance falls short of pre-listing expectations, which likely envisioned a higher gain based on the company's potential.

Despite not reaching pre-listing highs, the 42% premium showcases investor confidence in Mukka Proteins' market position.

Mukka Protein's listing, while not exceeding expectations, presents a good opportunity for investors seeking exposure to the fish protein sector. But existing investors who want to book listing gains may exit their holdings; however, investors with a long-term view are advised to hold their share by keeping a stop loss at 35.