Victory Electric Vehicles Weak Market Debut

Victory Electric Vehicles International is a company that makes electric vehicles.

They recently started selling shares of their company on the Indian stock market.

The shares started at a price lower than expected, which is called a discount.

This made the company's shares worth less money right away.

The shares first opened at ₹34.45, which is 19% less than the price they set before selling the shares.

After that, the shares dropped even more by 5%.

This means people who bought the shares at the start lost some money.

The company is still new on the stock market, and this is a big moment for them.