Business & Economy
Investors rush into India’s National Stock Exchange IPO at valuation multiple above Nasdaq
The $2.3 billion initial public offer of shares in India's National Stock Exchange has received a frenzied response from investors, drawing bids worth more than $10 billion despite its hefty price-to-earnings multiple, which values it…
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Investors have placed over $10 billion in bids for the $2.3 billion National Stock Exchange IPO, marking India’s largest public share sale this year.
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