The primary equity market in FY26 presented a challenging landscape, with most IPOs failing to deliver returns post-listing due to heightened volatility and foreign investor exodus. While only a third of the 109 mainboard IPOs posted positive returns, select companies like Ather Energy and Belrise Industries achieved significant gains.
Ace investor Madhusudan Kela cuts stake in this multibagger stock after 200% rally in a year. Do you own?
Ace investor Madhusudan Kela’s family reduced its stake in Rashi Peripherals during the June quarter after the stock surged nearly 200% over the past year.