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There are many reasons behind it. Indian multinational company Lava Mobile has invested heavily in manufacturing, research, design and innovation. After being hit by Chinese companies, it is strengthening its products again. The company has expanded its business to 11+ countries such as Thailand, Indonesia, Bangladesh, Nepal, Mexico and Middle east. And in the past ..
The share price of Lava has fallen from a high of Rs.225 in Oct-21 to Rs.120 as of 05.09.2022 in the unlisted market. The price of Lava Mobile’s shares has gone down for a number of different reasons. The main reason for the drop is that the valuation of new companies’ initial public offerings (IPOs) ..