The delisting will also allow shareholders access to a much larger and more diversified business with greater stability in revenue, they said.
"After its listing, ICICI Securities was not able to grow its market share and one of the main reasons was the entry of new-age online brokerage firms such as Groww, Zerodha and others," an analyst told FE.
"With their aggressive pricing, they have taken a large chunk of customers, especially the young investors, from existing players such as ICICI Securities, HDFC Securities and others," he added.
Denne historien er fra April 02, 2024-utgaven av Financial Express Mumbai.
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Denne historien er fra April 02, 2024-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Murdoch ally helps Ambani build media empire in India
SOHEE KIM PR SANJAI
Pandya, Dube & Rinku: Can they finish for India at T20 World Cup?
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Microsoft AI Copilot speed boost for coding
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Language models in consumer tech
This move is designed to ensure better user experience & privacy
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Vi FPO: Foreign players invest big; about ₹5,400 crore raised
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