Steep valuations haunt Mamaearth as stock sees tepid listing. Should you exit?
The flat-to-muted listing of Mamaearth on Tuesday was in line with expectations as markets remained wary of high valuations of the company. The stock got listed at Rs 330 on NSE, up just 2% over the issue price. Post the debut, analysts advised investors to book profits notwithstanding the company’s strong brand presence in the … Read more
