Two standout IPOs—Tata Technologies and Bajaj Housing Finance—have erased nearly half of investor wealth from their listing peaks. Tata Technologies’ decline is linked to concerns around client concentration, while Bajaj Housing Finance has faced a valuation reset in a tougher financial environment. The early pop is now being reined in by operational realities and changing market conditions.
Swipe through stories, personalise your feed, and save articles for later — all on the app.