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MV Electrosystems

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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 Kelaโ€™s 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

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