NSDL shares have surged 62.5% since its IPO, exceeding unlisted market peaks and delivering substantial gains for pre-IPO investors. The IPO, subscribed 41.02 times, reflects strong investor confidence in NSDL’s market leadership and steady financial performance. Analysts suggest a hold for allotment recipients and advise caution for new entrants amid market volatility.
Tata Chemicals surges on Tata Sons listing buzz
Tata Chemicals shares surged on Thursday, driven by the RBI’s new guidelines for upper-layer NBFCs, sparking hopes for a Tata Sons listing. Analysts suggest this