Collateral Damage! IPO-bound companies tumble up to 50% in unlisted market
2022-02-15
SynopsisSunil Chandak, Equity Strategist at Gennext Investrade said expensive pricing triggered the meltdown in the new-age companies, particularly fintech players. Easy money in the unlisted market is not possible now, he added.Getty ImagesShares of new-age companies like Mobikwik have dropped from Rs 1,300-1,400 to Rs 800 levels taking a 45 per cent hit, while the…Continue Reading