Also, the company aims to increase its customer base to 10 million by the end of FY2022 from 7 million currently, Upstox said in a statement.
Say it stands to benefit as market leader in health space, but risk of fresh Covid wave may weigh on profitability
While domestic growth is pegged at double digits, recovery in the US may take a couple of quarters
A majority of brokerages believed equities would be the best asset class for the next one year
The IPO opened for subscription on November 17 in the price band of Rs 665 to Rs 690
Since October, overseas investors have yanked out close to $2.6 bn
Surge in trading volumes to drive better show; huge competition from discount brokerages a challenge; capital market linked loan book shows 100% CAGR
CLSA, Goldman Sachs latest to highlight concerns
Not only key stock market indices but even listed brokerages' stocks have witnessed a rally
The Indian markets have gained 30 per cent so far this year, even as the MSCI Asia Pacific ex-Japan index is flat
To help its customers take well-informed investment decisions, brokerage Sharekhan has decided to include ESG (environment, social and governance) rating of stocks in its research report going forward
Share prices of many brokers have surged over 100% in a year
Angel Broking on Thursday said it has onboarded 450,000 customers in August, taking the total base to 6.1 million
The aim is twofold: bring down cost of customer acquisition, while improving user experience
Inexpensive valuations provide support to the stock
Brokerages have cut their profit estimates by 3-5 per cent
Emkay Global expects the net profit to zoom 97 per cent YoY and contract 18 per cent QoQ at Rs 2,196 crore
Here's what leading brokerages expect from the infra major's Q1 results
Robinhood aims to raise more than $2 billion in its public debut, planned for later this summer
Larger firms garnering market share amidst good growth in industry