What’s Distorting Stock Prices At The Time Of Relisting
The information of stocks that gained at prices are displayed on an electronic board inside the Australian Securities Exchange, in Sydney, Australia. (Photographer: Brendon Thorne/Bloomberg)

What’s Distorting Stock Prices At The Time Of Relisting

Arvind Fashions Ltd., the retailing arm carved out of the Lalbhai Group, relisted on stock exchanges at about Rs 590 apiece, and then surged the maximum 5 percent allowed in a day. An ideal trading...
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