IPO stock: Veranda Learning zooms by more than 60 per cent in just 11 trading sessions
IPO stock:  Veranda Learning zooms by more than 60 per cent in just 11 trading sessions

IPO stock: Veranda Learning zooms by more than 60 per cent in just 11 trading sessions

Veranda Learning is also on an acquisition spree as the company has recently acquired a highly-profitable business of TIME for Rs 287 crore.

DSIJ Intelligence Article rating: 4.8

The equity markets are trading volatile and the majority of shares have delivered negative returns in April 2022 so far; however, the shares of the newly-listed Veranda Learning are seen creating wealth for its shareholders. The shares of Veranda Learning have jumped at least 70 per cent from the levels of Rs 131.25 per share seen on April 11 this year. In just 11 trading sessions, the shares of Veranda Learning have gained by 70 per cent.

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