Stocks that were in focus included names like RVNL, which fell 8.06%, BEML, which dropped 7.69%, and Swan Energy, whose shares jumped 6.95% on Friday.
“Since the issue size was large, it took away the possibility of the share price seeing any scarcity premium on the listing day,” said Mrunmayee
The slump in nearly one-third of the stocks has been as severe as the Covid-led sell-off in March 2020. Among 1,472 stocks with a market
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