business

SKS Micro at new low, but JP Morgan sees more pain ahead

It was one of the high profile initial public offerings of 2010, and attracted plenty of controversy before and after listing. Less than eight months since its spectacular debut when the stock almost nudged Rs 1500, SKS Microfinance is quoting at nearly one-fourth of that record high price.

first published: May 6, 2011 11:23 am