Shining Bright: THESE 12 IPOs maintain higher premiums from their listing since last Diwali | Stock Market News

Shining Bright: THESE 12 IPOs maintain higher premiums from their listing since last Diwali | Stock Market News

Source: Live Mint Following Diwali 2023, around 12 initial public offerings (IPOs) have consistently held higher premiums from their listing gains, with each one surpassing 100%. Leading this group is the Indian Renewable Energy Development Agency Ltd (IREDA), followed by Motisons Jewellers Ltd, DOMS Industries Ltd, among others. After Diwali 2023, there have been approximately…

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Several PSUs trade at extremely high market caps relative to their profits, net worth or assets: Kotak report | Stock Market News

Several PSUs trade at extremely high market caps relative to their profits, net worth or assets: Kotak report | Stock Market News

Source: Live Mint The Indian equity markets have experienced a recent pullback following a record-breaking rally. In a recent note, analysts at Kotak Institutional Equities highlighted that investors seem to be overlooking concerns about high valuations. They believe that the pursuit of returns has outweighed the fear of risks, whether apparent or hidden. The brokerage…

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