Relevant for Exams
BANKING
GMPs suggest up to 63% returns for 15 upcoming IPO listings, but relevance for exams is low.
Summary
The article discusses Grey Market Premiums (GMPs) for 15 upcoming IPO listings, indicating expected returns ranging from flat debuts to over 60%. While it provides insight into short-term market sentiment for individual listings, its focus on speculative, company-specific stock performance makes it of low relevance for competitive exams, which typically prioritize broader economic trends, policies, or regulatory changes.
Key Points
- 1Grey Market Premiums (GMPs) are indicating listing expectations for 15 upcoming IPOs.
- 2Expected returns for these IPOs range from flat debuts to gains of over 60%.
- 3The highest indicated return for some IPOs is up to 63% based on GMPs.
- 4Companies mentioned in the context of these IPOs include ICICI Pru AMC and Corona Remedies.
- 5The news focuses on speculative short-term listing performance of individual companies.
Full Article
Grey market premiums indicate a wide dispersion in listing expectations, ranging from flat debuts to gains of over 60%.
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