This follows a ratings downgrade by Icra, which alleged the clean energy firm falsified debt-servicing documents. Sentiment worsened after its promoters sold shares in the open market during the crisis. The stock had shot up 2,600% between 2022 and 2024.
Should investors subscribe to the upcoming NSDL IPO amid market uncertainty?
Analysts suggest investors consider subscribing to National Securities Depository’s (NSDL) upcoming IPO, citing its attractive pricing compared to peer CDSL. The ₹4,011 crore IPO, opening