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The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leaders
Indian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks like Urban Company, Ather Energy, Lenskart, Meesho, and PhysicsWallah. This shows growing confidence from domestic investors in these tech-focused businesses. Brokerages are also initiating coverage with positive outlooks. This trend indicates a significant shift in institutional capital towards India's new-age economy.
Valuation Check: 9 mid-cap stocks trading well above their Industry P/E
Stocks trading above their industry price-to-earnings ratio often signal strong growth expectations or investor optimism. A StockEdge valuation scan highlights nine NSE midcap companies, including Lenskart Solutions, NTPC Green Energy and Biocon.
Stocks to Watch Today: Lenskart Solutions, Meesho, Vascon Engineers, Zee Entertainment, PPAP Automotive in focus on 11 June
Stocks to Watch, 11 Jun: Stocks like Lenskart Solutions, Vascon Engineers, Zee Entertainment Enterprises, Deccan Gold Mines, PPAP Automotive, Power Grid Corporation of India, Meesho, Sapphire Foods India, CMR Green Technologies, UHM Vacation, and Vahh Chemicals will be in focus on June 11.