MarketFriction researchhttps://marketfriction.com/blog/Data-led research on Indian listed companiesSat, 03 Oct 2026 18:49:27 +0000The IPO listing day tells you more about the next year than the issue doeshttps://marketfriction.com/blog/ipo-listing-day-tells-you-the-year/https://marketfriction.com/blog/ipo-listing-day-tells-you-the-year/Sat, 03 Oct 2026 00:00:00 +0000300 mainboard IPOs from 2020 to 2025: the ones that listed 50% up had a median one-year return of +71.8%; the ones that fell on day one, -13.8%.One in four Indian listed companies does not turn its profit into cashhttps://marketfriction.com/blog/one-in-four-companies-profit-not-cash/https://marketfriction.com/blog/one-in-four-companies-profit-not-cash/Sat, 03 Oct 2026 00:00:00 +0000We ran ten red-flag checks on 5,476 actively traded NSE and BSE companies. Weak cash conversion is the most common flag: 26% of companies.