A Sebi study has found that 70% of individual investors sell their IPO shares within a year. Investors are more likely to sell shares posting positive returns quickly. The study also highlights a decline in high networth individual participation post-April 2022. Most IPO investors come from Gujarat, Maharashtra, Rajasthan, and Uttar Pradesh.
International Gemmological shares soar 10% on acquisition of 2 companies
Shares of the newly-listed International Gemmological Institute (IGI) surged 10% to hit the upper circuit and a new high of Rs 580.45 on the BSE,
December 26, 2024