Despite underwhelming debuts for eleven IPOs, the market has witnessed a remarkable recovery in their valuations. Stocks have soared impressively, with gains ranging from 23% to a staggering 222% over their initial offer prices. Notably, Omnitech Engineering rebounded dramatically, rising by 222% after an initial drop of 9.63%. This underscores the fact that performance on listing day may not accurately predict long-term success.

Despite underwhelming debuts for eleven IPOs, the market has witnessed a remarkable recovery in their valuations. Stocks have soared impressively, with gains ranging from 23% to a…

Seven of 17 new-economy stocks that debuted at a premium to their issue prices now trade below them, an ET analysis of 27 companies showed. Four of the seven stocks that opened…