Weakness in the broader markets, along with expensive valuations that these companies had commanded during their IPOs, has led to this fall
These firms are Avenue Supermarts, owner and operator of supermarket retail chain D-Mart; Music Broadcast Ltd, a Jagran group firm that runs Radio City FM channel; Shankara Building Product; BSE-promoted CDSL; and test-prep player C L Educate.
BSE Midcap and BSE Smallcap indices hit their fresh lifetime highs for the second day in a row
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