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Once IREDA, Tata Tech list, could unmet demand take them higher? Mahantesh Sabarad answers
“In a situation where the overall market is not doing really well is, there could be a sense of follow-up buying coming up or follow up demand coming up on some of these names. Both IREDA and Tata Tech are quality companies in terms of businesses. Therefore, they would have a bit of a follow up demand coming in. But given the subscription that we have seen, a lot of demand will just evaporate on the IPO listing date.”
