neutral
Recently
Share unlock event looms for smallcap backed by Sunil Singhania
Ten lakh shares unlock Monday in a Singhania-backed smallcap trading 24% below IPO.
Around 10 lakh shares are set to be unlocked on Monday for a Sunil Singhania-backed smallcap that has fallen nearly 24% from its IPO issue price. Market participants are watching whether the additional supply will pressure near-term sentiment or attract value buyers. Analysts suggest monitoring trading volumes and institutional activity as the stock navigates this key unlock event.