#nse
NSE's first result after listing: profit up 23% to ₹2,578 crore, but the stock sits near its IPO price
NSE reported a 23% rise in consolidated net profit to ₹2,578 crore for the September quarter, its first set of earnings since listing. Transaction-charge revenue rose 9% to ₹3,035 crore and operating EBITDA more than doubled. MCX's profit jumped 130% to ₹454.57 crore, yet its shares fell about 7% on Wednesday.
Jio's Rs 30,213-crore IPO sold out in 100 minutes, smashes India's share-sale record
Reliance's Jio Platforms IPO of Rs 30,213 crore was fully subscribed within 100 minutes of opening on Wednesday, making it India's largest-ever share sale. It overtakes Hyundai Motor India's Rs 27,870-crore issue of 2024. The price band is Rs 1,065-1,119; the issue closes on October 23 and lists on October 28.