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Big-ticket startups endured a rough ride on Dalal Street
Financial Express Kochi
|April 01, 2025
Startups with smaller issues outperform Nifty
Startups such as Swiggy, FirstCry, and Ola Electric, which launched some of the largest IPOs among startups in FY25, have significantly underperformed the Nifty, recording sharp declines. While the NSE Nifty 50 recorded modest gains of 5.34% in FY25, shares of Swiggy, FirstCry, and Ola Electric have fallen between 15% and 30% from their issue price.
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