A recent analysis reveals that over half of Indian IPOs launched since 2023, with issue sizes of ₹500 crore and above, are now trading below their issue price. This trend challenges the traditional advice of long-term holding, as many companies struggle to sustain post-listing momentum, with some experiencing significant drops in value.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO