Excelsoft Technologies is set for its stock market debut on Wednesday. Early signs suggest a modest listing premium. The education-technology firm’s Rs 500 crore IPO saw strong investor interest. The company offers AI-powered learning and assessment products globally. Financials show significant revenue and profit growth. The IPO valuation is considered high compared to peers. Proceeds will fund expansion and upgrades.
Geopolitics, crude risk and the IT conundrum: Sridhar Sivaram on why investors may need to stay selective
Geopolitical tensions in West Asia are creating market uncertainty, impacting energy supplies and capital flows. While Indian equities have shown resilience, prolonged conflict could significantly