Even as larger companies that launched initial public offerings saw their stock prices crashing upon debut, an RBI study finds that IPOs launched by SMEs preceded by a boom market period are more underpriced making a case for more equity funding for SMEs.
Wipro shares crack 4% after Q4 results. What Goldman Sachs, 3 other brokerages are saying?
Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyback.