National Securities Depository plans to raise funds through an offer for sale. The depository’s IPO valuation is lower than Central Depository Services. India’s demat account penetration shows annual growth. NSDL focuses on institutional clients. Total income and net profit witnessed growth between fiscal year 2023 and fiscal year 2025.
Tata Chemicals surges on Tata Sons listing buzz
Tata Chemicals shares surged on Thursday, driven by the RBI’s new guidelines for upper-layer NBFCs, sparking hopes for a Tata Sons listing. Analysts suggest this