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IPO Fever Grips Dalal Street, HDFC AMC CEO Warns Investors Against Chasing Quick Profits

IPO Fever Grips Dalal Street, HDFC AMC CEO Warns Investors Against Chasing Quick Profits
Photo: Free Press Journal · view original

New Delhi: As India’s IPO market witnesses a rush of new issues, HDFC Asset Management Company Managing Director and CEO Navneet Munot has cautioned retail investors against viewing initial public offerings as a shortcut to quick profits. Speaking at the NDTV Profit Townhall, Munot urged investor...

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