
Questionable! Devolved Ethos IPO saved by Emkay, Incred at highest price
Emkay Global and Incred Capital chose to buy shares of the devolved Ethos IPO at the highest price despite market’s low opinion.
Emkay Global and Incred Capital chose to buy shares of the devolved Ethos IPO at the highest price despite market’s low opinion.
Amid state-wide lockdowns imposed to tackle the surge in Coronavirus cases, and supply-chain disruptions, concerns of rising inflation remain.
The private lender’s 106% recovery in share price from its 52-week low in early October could be a value trap for investors.
Reports from various equity research and ratings agencies said margins were under pressure due to rising costs.