Uniparts’ grip loosens in grey market as D-st turns volatile. Is a soft-landing on the cards?
The premium for Uniparts India has been correcting recently and is currently hovering around Rs 40 apiece over the issue price of Rs 577 apiece. It was around Rs 60-65 earlier. This is suggesting a soft landing for the company.Analysts tracking the grey market said muted financial performance, less-than expected subscription and the latest volatility in broader markets are denting the listing prospects of the company.
