Bengaluru, June 26 -- The shares of this auto ancillary stock is in focus after shares worth Rs 1,234 crore are eligible to trade and are trading at almost 40 percent below its IPO price. In this article, we will discuss more about this in detail.

With a market capitalization of Rs 2,476 crores, the shares of Carraro India Ltd are currently trading at Rs 435 per share, down by percent from its 52-week high of Rs 691.30 per share. Over the last six months, the stock has corrected by over 32 percent.

On Thursday, the lock-in for pre IPO shareholders ends for the company. Over 2.8 crore shares are eligible to be traded on the exchange, which represents around 49 percent of the company's equity.

The total value of the shares is estimated t...