News Post

Awfis Space Solutions' listing: Should you buy, sell, hold the Ashish Kacholia-backed stock?

Money Control

· 18d

Awfis Space Solutions, a co-working space provider, has reported a reduced net loss of Rs 46.64 crore in the fiscal year ending March FY23, compared to Rs 57.2 crore the previous year. Shares made a modest start on their market debut, listing at over 13 percent above the IPO price. Analysts have mixed opinions on the company, with some recommending investors take advantage of listing gains to book profits, while others suggest holding the position with a stop loss at the issue price of Rs 383. The company's strong subscription highlights the attractiveness of the co-working space market, but its financial situation requires ongoing monitoring.

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