Intellect Design shares rallied 10% as Q2 profit nearly doubled on strong platform and license-linked revenue, highlighting growing global adoption of its eMACH.ai fintech solutions.
India's booming IPO market, now the world's fourth-largest, signals capital market maturity. However, investors are cautioned to carefully assess companies for solid fundamentals and clear profitability paths, as not all new listings possess strong underlying businesses. Global economic factors, including cooling oil prices and US-India partnerships, are expected to further bolster India's positive investment outlook.
An ETMarkets analysis of Ace Equity data shows high-beta stocks outperformed low-beta peers over the past year, with Laurus Labs and Paytm leading gains, while ABFRL, Siemens, and Tejas Networks saw steep declines. Low-beta counters like JSW Holdings and Manappuram Finance delivered steady double-digit returns.
