“The post-listing outlook for Ardee Industries remains positive due to attractive valuations, strong RoNW of 57.46%, healthy profitability, and its presence in the growing circular economy and recycling space. However, after a sharp 36-39% listing gain, investors should avoid chasing the stock at higher levels and watch for profit-booking. IPO allottees are advised to hold with a stop-loss of ₹65, while fresh investors should consider buying only on meaningful dips.”