Post the debut, analysts advised investors to book profits in Mamaearth notwithstanding the company’s strong brand presence in the Indian BPC market. In their view, most issues with premium valuations struggled to deliver after the listing.
SIP additions at a six-month high amid rising churn
In August, the number of new accounts for systematic investment plans (SIPs) soared to a six-month peak, marking significant activity. Nevertheless, the year-on-year growth showcased