CLSA sells 8.4 lakh shares in WeWork India Management for ₹52 crore

Global markets company CLSA sold over 8 lakh shares in WeWork India Management on Monday. The deal size reached Rs 52 crore. WeWork India shares continued their decline for a second day. The stock is trading below its IPO price. The company’s recent IPO saw lukewarm response from retail investors. Qualified Institutional Buyers drove the subscription.

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