Investor interest in unlisted firms like NSE and NSDL has decreased. This follows HDB Financial Services’ IPO pricing lower than expected. Share values of some unlisted firms have fallen. Investors are now more focused on valuations. HDB’s IPO price was significantly below its unlisted market value. This has impacted investor confidence. Some investors are selling holdings in NSE and NSDL.
Raymond Q2 Results: Net profit jumps 130% YoY to Rs 32 crore, revenue rises 24%
Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore.