Neither all newly listed stocks witness runaway rallies and nor do we suggest you chase them post listing. But why not take a fresh look once the listing fever recedes? Our research team is doing exactly that nowadays.
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High aspirations, rich demographic dividends and the strong domestic consumption (underpinned by the burgeoning middle class) have been the prominent structural triggers for India’s growth story. Internet revolution, mobile penetration and the emergence of world class startup companies in India will offer tailwinds to these megatrends.
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Strike when the iron is hot seems to be an unwritten rule of the IPO market. Indian promoters and their angel investors have been following this adage to perfection so far.
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