InvestorQ : Why are stocks like Metro Brands and MapmyIndia not falling despite anchor investment period getting completed?
Rashi Mehra made post

Why are stocks like Metro Brands and MapmyIndia not falling despite anchor investment period getting completed?

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Archita Jajjoo answered.
4 months ago
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You are right that while many of the digital names like Zomato, Paytm, PB Fintech and even Nykaa took a hit on end of anchor period, recent IPOs have rallied despite end of anchor lock-in period. Two stocks that stand out in this regard in the recent December month IPOs are Metro Brands and CE Info Systems (MapmyIndia).

Both, Metro Brands and CE Info Systems (MapmyIndia) rallied sharply even after the completion of the anchor lock-in period of 30-days. On 17th January both the stocks were at their all-time highs, despite the completion of the anchor lock-in period. Metro Brands had also reported strong results for Q3 with over 53% profit growth.

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