Markets, IPOs & Wealth 10 Oct 2026, 01:28 AM IST
MV Electrosystems More Than Doubles From IPO Price in Two Months as Profitability Questions Mount
MV Electrosystems has surged more than 100% above its IPO price within just two months of listing, sharply lifting the paper value of Madhusudan Kelaโs stake to Rs 111.55 crore. But the rally sits uneasily alongside weakening FY26 revenue trends and a net loss, leaving investors to weigh momentum against deteriorating fundamentals.
By RDU Global Wire5 min read
