“Advises holding Kusumgar shares with a strict stop-loss at ₹520, suggesting allottees book partial profits after the strong listing. For fresh investors, she recommends avoiding chasing the stock at current levels and waiting for better entry opportunities after consolidation and improved earnings visibility, despite the company's niche business and long-term opportunities in aerospace and defence, citing weakened financial performance over the last three years and the IPO being a 100% OFS.”