03 Oct 2025 | 3 Mins Read
TruAlt Bioenergy stock declines 3% in debut but should you buy
Flipitmoney
TruAlt Bioenergy made a strong market debut, listing at Rs 545.40, an 11% premium over its issue price of Rs 496, before slipping 3.4%. It traded at Rs 530. Analysts say strong investor appetite for renewable energy reflects a 75 times subscription, but valuations appear aggressive at 29 times FY25 earnings.