Milky Mist Dairy Food Shares Slip After Post-Listing Rally

Milky Mist Dairy Food shares slip 4% after sharp post-listing rally

Milky Mist Dairy Food shares came under profit-booking pressure after gaining 42% over two sessions following their market debut. Despite strong revenue growth, improving profitability and a leadership position in value-added dairy, analysts cautioned against chasing the stock after its sharp post-listing rally and premium valuation.