Unlisted stocks slump as dull listings, IPOs on hold hit sentiment
API Holdings, the parent of PharmEasy, trades at ₹22 in the unlisted market, 66% lower than a year ago, showed data compiled by UnlistedKart, which deals in unlisted and pre-IPO shares. The company's IPO plans were kept on hold due to weak market conditions and tech valuations facing a global meltdown.
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