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25-11-2022, 01:36 PM
PUBLISHED NOV 24, 2022, 1:13 PM SGT
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The company has seen its stock erase 75 per cent of its market value one year after its US$2.4 billion (S$3.3 billion) offering, the largest on record at the time in India. The dive is the steepest first-year slide globally among IPOs that raised at least the same amount since Spain’s Bankia’s 82 per cent drop in 2012
https://www.straitstimes.com/business/pa...n-a-decade
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The company has seen its stock erase 75 per cent of its market value one year after its US$2.4 billion (S$3.3 billion) offering, the largest on record at the time in India. The dive is the steepest first-year slide globally among IPOs that raised at least the same amount since Spain’s Bankia’s 82 per cent drop in 2012
https://www.straitstimes.com/business/pa...n-a-decade
