Merchant banks’ report card: Who made punters smile most via IPO listing gains?

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Credit: Shah Junaid/VCCircle

Ample global liquidity and positive investor sentiment on Indian economic reforms have propelled Indian stock markets higher in what many believe to be a long bull market. Not surprisingly, a number of companies have gone public in the past three years.Since the BJP-led government took over in May 2014, at ......

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