Unlisted share prices of many companies planning IPOs have fallen sharply in October. This follows a dull period for new listings on the stock market. Some prominent firms have experienced significant drops in their unlisted share values. This trend has created uncertainty for investors in the pre-IPO market. Experts point to high valuations as a key reason for this correction.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said