The company’s shares that got subscribed 83 times during its initial public offering in Feb 2021 are now down 50% , on 14 Aug company’s first quarter results of FY24 are released in which it reported it’s first loss ever of rs 5.6cr , even though the company’s fundamentals like P/E ratio , P/B ratio , Debt/Equity ratio look good and revenue , net profit grew steadily over last 10 years the change in share price is quite opposite to what is generally expected