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Mint Money | Weekly update

Mint Money | Weekly update

After giving you a consolidated result on the performance of merchant bankers, we now look at individual bankers and the initial public offerings (IPO) that they participated in 2007 and 2008. For this week, we look at how IPOs undertaken by Almondz Global Securities and Axis Bank Ltd are doing.

Also see | Almondz Global Securities (PDF)

The trendline compares price movement of stocks, starting with list day close price, with the Nitfy Junior. All the issues have underperformed the index and only one is trading above its offer price.

Graphic by Sandeep Bhatnagar/Mint

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