Typically, for consumer companies you would not see this kind of major gaps versus expectations. Yes, I can understand that versus a certain growth that the market is expecting if there is a certain bit of disappointment, which has been the case with many consumer companies in this quarter.
Aegis Vopak Terminals, The Leela IPOs to list on Monday: Here’s what GMP indicates
Aegis Vopak Terminals and Schloss Bangalore debut on June 2 with muted investor sentiment. Both IPOs saw modest GMPs and were driven mainly by institutional
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