Wakefit stock listing: Furniture giant makes muted debut on stock market; opens at Rs 194 on BSE

Wakefit Innovations debuted on Dalal Street with shares trading near its issue price, later climbing over Rs 200. The company raised Rs 1,289 crore through its IPO, aiming to expand its offline retail presence. Despite revenue growth, profitability has been uneven, with investors awaiting sustained earnings visibility.

Wakefit stock listing: Furniture giant makes muted debut on stock market; opens at Rs 194 on BSE
Wakefit Innovations debuted on Dalal Street with shares trading near its issue price, later climbing over Rs 200. The company raised Rs 1,289 crore through its IPO, aiming to expand its offline retail presence. Despite revenue growth, profitability has been uneven, with investors awaiting sustained earnings visibility.