Orkla India shares slip below IPO price after listing. Good entry point for investors?
Analysts said the flat to marginally positive listing was largely in line with expectations, given the muted market sentiment in recent weeks. According to Prashanth Tapse, Senior Vice President – Research Analyst at Mehta Equities, the subscription response to the IPO was a reflection of confidence in Orkla’s fundamentals and brand portfolio. “Despite the IPO … Read more