The company’s consolidated net profit rose 26% to Rs 235 crore for the January-March period as compared to Rs 186 crore in the corresponding period of last year. The new business premium for the quarter rose 18% to Rs 5,635 crore against Rs 4,788 crore in the same quarter last year.
CAS chaos triggers liquidity spiral: Nuvama says higher participation needed to break cycle
BSE’s new Closing Auction Session has faced weak participation, with Nuvama reporting sharp declines in option premium volumes and contracts. Thin liquidity is creating a