A recent analysis reveals that over half of Indian IPOs launched since 2023, with issue sizes of ₹500 crore and above, are now trading below their issue price. This trend challenges the traditional advice of long-term holding, as many companies struggle to sustain post-listing momentum, with some experiencing significant drops in value.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs