Market responds to fundamentals, says Vijay Kedia as his latest SME IPO pick doubles money

Market responds to fundamentals, says Vijay Kedia as his latest SME IPO pick doubles money

Market veteran Vijay Kedia on Friday said stock prices eventually follow business fundamentals, pointing to the strong listing performance of Exato Technologies, an IPO pick from his portfolio that nearly doubled investor money on debut. In a post on X, Kedia said that when fundamentals are strong, the market responds decisively. He highlighted that his … Read more