geojit financial services

New-age tech companies Paytm, Zomato, Nykaa, Policybazaar, CarTrade and Delhivery have together regained nearly one-third of the wealth investors in their shares had lost last year, thanks to their efforts towards profitability, reducing overheads and also due to rationalisation in their strategy on acquisition.These half a dozen stocks have gained almost Rs 45,000 crore in market value in 2023, after losing nearly Rs 1.59 lakh crore in 2022. Analysts believe they have caught the fancy of investors over the last two…

New Delhi: After the Paytm's IPO fiasco, Sebi has turned cautious while giving clearance to the initial share sales as it has returned the preliminary papers of half a dozen companies, including Oravel Stays, which operates hospitality chain OYO, in over two months. These companies have been asked to re-file their draft red herring prospectus (DRHP) with certain updates. Apart from OYO, the firms whose draft papers have been returned by the regulator are -- Go Digit General Insurance Ltd, a firm backed by Canada-based…