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NSE invites you to the conference call with investors/analysts of the National Stock Exchange of India Limited to be organized on Wednesday, February 8, 2023, to discuss the financial results for the quarter that ended December 31, 2022.
Universal Access : +91 2262801438 / +91 2271158829
National Stock Exchange (NSE), one of the latest exchanges in the world according to volumes, said it expects to report consolidated net profit at Rs 4,400 crore in the FY22. This means the company will post a profit growth of 178%. In the last year, NSE had posted a profit of Rs 1,585 crore, after deducting an exceptional item of Rs 1363 crore. Without exceptional items, the profit was Rs 2,948 crore.
NSE, in its projection, said its revenue will stand around Rs 8500 crore, up from Rs 5,263 core in the previous fiscal. Ebitda is likely to be at Rs 6,100 crore. The profit margin will be 52 per cent and return on equity at 34%.
A subsidiary exchange of National Stock Exchange that operates in Gujarat International Finance Tech City (GIFT) city will make it easier for investors to buy and sell US shares from Thursday (March 3) onwards.
Initially market participants will be able to trade in eight prominent US stocks, and in a phased manner in 50 of them just like traders do in the US. Here is everything to know about the move and steps on how you can participate in trading.
This doesn't mean US stocks are being listed in India NSEIFSC Receipts will be offered by NSE IFSC exchange to Indian investors, following which they will not need to route their investments through a broker registered in the US to buy shares of Tesla or Netflix.