2/3 of the cos listed this year trading in red: BSE survey
In contrast to handsome gains made in the primary market, nearly two-third of the 69 companies listed on bourses during 2010 are trading below their issue prices, resulting into negative returns for investors.
An analysis of the BSE-listed companies shows that as many as 44 out of the 69 stocks are
trading below their issue prices fixed after their initial public offers.
Seventy firms, comprising 59 private sector Read more [...]