SS Retail shares rally another 6% after bumper listing at 51% premium over IPO price. Buy, sell or hold?

SS Retail shares extended gains after a bumper debut, rising over 6% following a 50.73% listing premium on the BSE. With the stock trading at around 46.5x FY26 P/E, Swastika Investmart maintained a Neutral view, citing demanding valuations and limited margin of safety despite strong growth and profitability.