Positive return to investors in 5% of the shares listed in 2
Mumbai, Ta. October 14, 2019, Monday
Investors are allowed up to 5% return on investment in equities through the primary market in the current calendar year, while the secondary market does not see any special returns. Of the shares listed at 5%, the shares of the companies are currently trading higher than their paid price.
The benchmark BSE Sensex has risen by only 5% so far this year. The return on mid-caps and small-caps has been negative. Investors received a positive return on shares of less than fifty percent or 5 percent of the shares listed in the year 2009, according to a study.
Of the 3 companies listed in 8, eight companies made higher returns than Indices by trading at a premium of 5% of their payment price. Shares of IRCTC, which is listed today, have provided investors with a return of over 5%. Intraday was up about 5 percent.
Apart from this, Indiamart has also seen more than double the price of filling. Following the IRCTC's bumper listings, investors' attraction to the primary market will likely increase, said one analyst.
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