Carraro India-Mamata Machinery Shares Drop Post-Lock-in Expiry

  Published 1 year ago

Carraro India and Mamata Machinery shares fell after pre-listing lock-in expiry, with 49% and 50% stakes available, leading to investor exits.

  • Shares of Carraro India and Mamata Machinery dropped 2% and 1.2% as lock-in expired, freeing 49% and 50% stakes for trading.
  • Carraro India fell 38.5% from the IPO price, and Mamata Machinery down 31%, both debuting in December 2024.
  • Investors sold shares post-lock-in limit losses, with 28 million and 12 million shares available for both firms.

You might like these

Biocon Eyes Generic Wegovy Launch

GPT Infraprojects Supplies Sleepers for Bangladesh Rail Project

India-Sweden Economic Ties Strengthened in Goyal's Visit

JSW Steel Q1 Profit Doubles

Siemens Q3 Profit Slips, Orders Rise

Indoco Gets EU GMP Nod for Goa Plant

Reliance Infra Gets Ratings Upgrade

News that matters the most ⚡