New Delhi, Nov. 28 -- In November 2025, there were nine IPOs introduced and 12 listings, with eight stocks trading above their IPO prices, three trading below the issue price, and one flat. Leading the pack is Groww, which has seen an increase of 58.85%, followed closely by today's newcomer, Sudeep Pharma, with a gain of 30.5%, and Tenneco Clean Air, which is up 22% since its issue price. Physicswallah, Capillary Technologies, and Pine Labs are all trading between 12% and 15% above their IPO prices. The three underperformers are Studds Accessories (6.6% down), Fujiyama Power Systems (8.2% down), and Orkla (11.4% down).

Currently, what we witness supports the fatigue factor that experts have highlighted; although some show positivity, the...