However, the stock failed to touch even its issue price since listing and had plunged more than 70 per cent to record lows of Rs 462.10 in February this year. The stock has risen close to 30 per cent since those levels.
ICICI Bank’s B Prasanna sees no immediate risk of rupee hitting 90 against dollar
B Prasanna from ICICI Bank discusses the recent depreciation of the Indian rupee due to global dollar strength, suggesting that allowing the rupee to depreciate,