A Sebi study has found that 70% of individual investors sell their IPO shares within a year. Investors are more likely to sell shares posting positive returns quickly. The study also highlights a decline in high networth individual participation post-April 2022. Most IPO investors come from Gujarat, Maharashtra, Rajasthan, and Uttar Pradesh.
India Cements’ Srinivasan, other promoters exit company board
The Aditya Birla Group firm has completed the acquisition of 10.13 crore equity shares of India Cements (ICL), representing 32.72% of the equity share capital
December 26, 2024