EMS sector still a ‘Sunrise Industry’ but valuations stretched: Dipan Mehta

India’s primary market is attracting significant retail investment, with some IPOs seeing massive subscriptions. While venture-funded companies are listing at high valuations, potentially disappointing investors, reasonably priced IPOs still emerge. The quick commerce sector shows high potential but requires conviction, and innovative retailers like Unicommerce are noteworthy, alongside strong performers in the jewellery segment.

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