Advance Agrolife shares close first day healthy, yet below listing price. Should you buy, sell or hold?

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Advance Agrolife shares closed at ₹108.30, an 8.3% increase, but below the listing price. Analysts recommend partial profit booking and holding shares with a stop-loss at ₹105. The IPO, open between September 30 and October 03, was subscribed 56.90 times.