The number of new Demat account openings is directly proportional to the surge in stock prices. Typically, a bull market attracts more number of new investors and whenever the market hits a rough patch the number of active traders and investors also tends to decrease.
ACC Q1 Results: Cons PAT rises 4% YoY to Rs 375 crore, revenue up 18%
ACC reported a 4% YoY increase in consolidated net profit, reaching Rs 375 crore, with revenue from operations rising 18% to Rs 6,015 crore. Volume