Kusumgar IPO stock jumps over 50%, nearly 129x oversubscribed

Business Jul 15, 2026

Kusumgar's stock had a blockbuster debut, jumping over 50% above its IPO price and hitting upper circuit limits right after opening.

The IPO was a hot ticket, oversubscribed nearly 129 times, showing just how much buzz there was among investors.

Analysts advise profit booking, stop-loss ₹520

Analysts say it's smart to take some profits now and keep an eye on your remaining shares with a stop-loss at ₹520.

Some experts are wary because Kusumgar's recent financials rely heavily on a one-time CFF parachute order.

Still, others see long-term potential in defense fabrics, and have set targets as high as ₹800 if future orders come through.

So, exciting start, but maybe don't get carried away just yet.