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Mega IPOs With Lower Returns Spur Worries
Indian stocks which are already struggling with low profitability...And selling by foreign investors, we are under additional strain due to a barrage of share sales through IPOs...and sales to institutional investors. In Thursday's largest IPO in the country,...Hyundai Motor India raised 3.3 billion dollars. In addition, listings totaling 6 billion dollars are in the pipeline.
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