Here's Why Nureca Shares Are Down Over 70% in 2022

As pessimistic as it sounds, it's possible that Nureca might become another Paytm-like debacle in near future.

No company is always good in every year. They have ups and downs as per market conditions.

Take the example of Paytm or Zomato.

Zomato saw a bumper listing as retail investors fueled the subscription numbers at the time of its initial public offer (IPO).

In the next couple of months, the loss-making company that burns cash every year, had a market capitalisation of Rs 1.4 trillion (tn) at its peak.