The sharp correction in equity markets over the past few months has dealt a body blow to some of the stocks that debuted at the bourses in fiscal 2021-22 (FY22). A total 54 companies have mopped up nearly Rs 1.2 trillion thus far in FY22 from the primary market. Of these, stocks of 32 companies (60 per cent) are trading below their listing day close price with stocks of Nidan Laboratoris & Healthcare, Cartrade Tech, Aashka Hospitals, Sigachi Industries, One 97 Communications (parent company of Paytm) and Fino Payments Bank suffering the most with a fall of up to 65 per cent, data show. 

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