This has extended its discount over the IPO price of ₹704 to 52%. For the company, which was listed on bourses on December 30, the short-term outlook appears to be bleak amid pressure on profitability and weakness in the international market. This has extended its discount over the IPO price of ₹704 to 52%. For the company, which was listed on bourses on December 30, the short-term outlook appears to be bleak amid pressure on profitability and weakness in the international market. Economic Times
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