Sula Vineyard will take some time to become active. Bow out now or raise a glass to the long haul-

As Sula Vineyard, India’s largest winemaker launched on bourses without fanfare, analysts advised only those seeking long-term returns should stay involved.

The stock opened with a 1% rise but quickly fell as supply pressure intensified. As of 11 a.m., the stock was trading at Rs 344.50, down about 4% from its IPO price.