Net profit in the December 2023 quarter for the Nifty 50 constituents is expected to climb 15%, compared with 7.6% growth in the year-ago period. To be sure, the year-on-year profit growth was above 25% in each of the two previous quarters, reflecting the base effect.
Northern Arc Capital IPO subscribed 2.87 times on Day 1. Check GMP, other details
Northern Arc Capital’s IPO, which opened for subscription on Monday, saw strong demand, especially from retail investors. The IPO was subscribed 2.87 times on the