India’s primary market is attracting significant retail investment, with some IPOs seeing massive subscriptions. While venture-funded companies are listing at high valuations, potentially disappointing investors, reasonably priced IPOs still emerge. The quick commerce sector shows high potential but requires conviction, and innovative retailers like Unicommerce are noteworthy, alongside strong performers in the jewellery segment.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs