Manipal Health Enterprises (operator of Manipal Hospitals) is seeking a lower valuation of about INR 800 billion (about $8.3 billion) for its planned IPO, per people familiar with the matter. The move implies pricing pressure or softer market conditions, but it is unlikely to materially affect broader markets.
Manipal Health Enterprises (operator of Manipal Hospitals) is seeking a lower valuation of about INR 800 billion (about $8.3 billion) for its planned IPO, per people familiar with the matter. The move implies pricing pressure or softer market conditions, but it is unlikely to materially affect broader markets.
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mildly negative
Sentiment Score
-0.10
