CSM Technologies share price hits 5% lower circuit after flat listing. Should you buy, sell or hold?

CSM Technologies made a flat market debut on NSE and BSE at around ₹113, in line with its issue price, and subsequently hit the 5% lower circuit. The ₹145.78 crore IPO, priced at ₹107-113 per share, received a muted response with 1.36 times subscription. Post-listing market capitalisation stood at ₹553.96 crore; analyst Shivani Nyati maintained a Neutral view with a stop-loss at ₹105.