SBI Funds Management Shares Fall Below IPO Price, Investors Lose Listing Gains Within Days
Shares of SBI Funds Management, India’s largest asset management company by quarterly average assets under management (QAAUM), extended their post-listing decline on Thursday, falling below their initial public offering (IPO) price and erasing the gains made during their market debut earlier this month. The weakness in the stock has raised concerns among investors, particularly those … Read more