ICICI Prudential AMC’s listing sparks debate on valuation premiums over HDFC AMC, with both managing similar assets. While ICICI Prudential shows stronger operating profits due to a higher equity and alternate asset mix, retail participation in its IPO was muted. Experts believe the long-term outlook for Indian AMCs remains positive, driven by shifting investor behavior and industry growth potential.
ESDS Software shares snap 3-day fall, hit 5% upper circuit. What should shareholders do?
Shares of ESDS Software Solutions snapped a three-day falling streak on Monday, hitting a 5% upper circuit at Rs 1,622. After surging 325% post-listing, market