Imagine Marketing, the parent company of boAt, has secured regulatory approval for its stock market debut. The Indian wearables brand’s initial public offering is valued at 15 billion rupees. This significant move includes a fresh issue of shares and a sale by existing investors. The Warburg Pincus-backed firm is set to list on the stock exchange soon.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap