After the IPO, the promoter group’s stake will fall to over 33% from 40%. The nonbanking finance company (NBFC) has a higher asset quality and excellent margin and return ratios compared with peers.
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG