India’s NSDL on track for biggest drop since listing as first quarter revenue falls

National Securities Depository

13/08/2025 07:32

** Shares of National Securities Depository NATS.BO drop 4.5% to 1,232 rupees

** Stock on track for worst day since listing
** Co posts a 7.5% Y/Y drop in rev in the quarter ended June

** Profit increases 15.2% Y/Y on lower expenses; total expenses fell 14%

** India's largest securities depository's $458 mln IPO listed on BSE on August 6

** NATS up ~32% since trading debut

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com))