Wockhardt Hospitals and Emaar MGF Land both lowered their earlier announced price ranges before opening the bookbuilding on their respective initial public offerings, in a direct response to the decline in the secondary market over the past three weeks.
Sources note that the initial investor response to both offerings has been encouraging, but the recent drop in the share price of many of their sector peers has also made their targeted...
¬ Haymarket Media Limited. All rights reserved.
