Chasing IPO debut highs? All 10 listing multibaggers of last 2 years bleed negative returns
Indian markets moved lower in an ipo & listings development.
· Economic Times Markets
Recent IPOs are turning into a headache for investors, as nearly all are now falling beneath their initial listing highs. For instance, Vibhor Steel Tubes and Mamata Machinery have seen drastic declines from their early performances. While a few stocks maintain values above their original prices, many investors find themselves grappling with losses due to inflated entry costs.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Market context
- The immediate tone of coverage reads negative.
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