In the last two years, 101 IPOs tried their luck in the market, and 19 of them are currently trading below their issue price.
In the second quarter of the financial year 2023-24, the results of most of the big IT companies have come in line with market estimates or even worse than the estimates. Have the results of midcap and small IT companies also been similar? How is the outlook of this sector and now how should one make a strategy in the shares of companies of this sector?
The role of digitization is vital in any industry, and digital technologies have been constantly changing the transactional pattern since last few years.
Out of the 50 Nifty companies, 22 companies have lagged the index in 2023