The IPO of Kross, which began bidding on Monday, was subscribed 4.2 times by Wednesday, the final day of the bidding period.By 11:45 am, non-institutional investors led the demand, subscribing to the issue 6.2 times, followed by retail investors with a 5.7 times subscription rate.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of