Saraswati Saree shares hit 5% upper circuit post strong listing

Saraswati Saree Depot's shares rose 5% to Rs 209.95 on their debut day, following a strong IPO subscription of over 107 times. The company, known for its sarees business, reported revenue of Rs 610 crore in fiscal 2024. Investors are advised to hold shares for medium to long-term growth prospects.