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Go Air IPO puts spotlight on Wadia Group stocks. Here's a chart check

Except Bombay Dyeing and Manufacturing Company, all other Group stocks are seeing downside pressure

Topics
wadia group | Ness Wadia | Buzzing stocks

Avdhut Bagkar  |  Mumbai 

Illustration: Ajay Mohanty
Wadia Group firms have been underperforming at the bourses for quite some time now

Shares of Go Air, the Wadia Group-controlled airline, may soon take flight at the bourses as the airline gears up for Rs 3,600 crore initial public offer (IPO). The budget airline has rebranded itself to become an "ultra-low-cost" airline and plans to raise funds amid the second wave of Covid-19 that has decimated travel demand.

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First Published: Tue, May 18 2021. 11:31 IST
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