Do you invest in low-priced stocks believing they are cheap? This assumption can prove costly. Similarly, investing in beaten down stocks that enjoyed immense following in the past may just be like flogging a dead horse.
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Nearly 90% of India’s pre-owned car market is controlled by the unorganized sector at present. However, with growing popularity of the online market, the formal sector is expected to gain massively, over the next few years. The green shoots are visible already.
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Considering the recent experience, even if you get an IPO allotment only once in a while you can still make a good deal of money on listing.
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