New-age tech companies in India, despite grand IPOs, are facing a harsh reality in the stock market. Many, including Paytm and Nykaa, have seen their stock prices plummet, highlighting investor concern over profitability. While Zomato has shown a turnaround, upcoming IPO hopeful Swiggy’s path to profitability remains a key concern for potential investors.
Calcutta exchange’s unlisted shares double on revival hopes
Calcutta Stock Exchange shares have more than doubled in the unlisted market in three months as hopes of a revival gain momentum. The exchange is