Shringar House of Mangalsutra share price edges higher after healthy listing. Should you buy, sell or hold?

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Shringar House of Mangalsutra debuted on September 17 with a 14.24% premium on NSE at ₹188.50. The company, the largest Mangalsutra manufacturer in India, has a 6% market share and plans to use ₹280 crore from its IPO for working capital.