A study by ETIG has shown that two out of three times over the past 10 years, the outgoing stock has either outperformed or matched the performance of the incoming stock in the Nifty.
Ather Energy IPO crosses the line in final hours of Day 3; retail portion booked 1.55 times
Ather Energy’s Rs 3,000-crore IPO achieved full subscription on its final day, driven by strong institutional demand, although grey market signals remained weak. Retail investors