India’s booming IPO market, now the world’s fourth-largest, signals capital market maturity. However, investors are cautioned to carefully assess companies for solid fundamentals and clear profitability paths, as not all new listings possess strong underlying businesses. Global economic factors, including cooling oil prices and US-India partnerships, are expected to further bolster India’s positive investment outlook.
CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%
CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY to Rs 51