Vardhman Group Stock Jumps 5% After Q1 Standalone Net Profit Jumps 213% YoY to 8.33 Cr
India, Aug. 6 -- India's financial services and investment holding sector continues to benefit from robust equity market participation and rising domestic investments. According to IBEF, India's mutual fund industry's assets under management (AUM) crossed Rs. 74 lakh crore in FY26, while the number of demat accounts has exceeded 20 crore, reflecting strong retail participation in capital markets. Higher market valuations and increasing financial savings continue to support investment companies with sizeable equity portfolios.
Vardhman Holdings Limited delivered a strong first-quarter performance, supported by substantial gains from fair valuation of investments and improved investment income.
Shares of Vardhman Holdings Limited were tra...
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