Explained: Why DAM Capital share price fell over 7% today
India TodayShares of DAM Capital Advisors fell 7.35% to Rs 384.60 during early trade on Monday, following profit booking by some retail investors after its stellar stock market listing on Friday. Shivani Nyati, Head of Wealth at Swastika Investmart, pointed out DAM Capital’s strong growth in investment banking services, including equity capital markets, mergers and acquisitions, and private equity advisory. However, analysts advise investors to carefully evaluate the company’s long-term performance and broader market conditions before making further investment decisions, especially following Monday’s pullback. Despite the dip, DAM Capital’s strong fundamentals and market positioning continue to attract interest from both retail and institutional investors