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NSE unlisted shares: NSE unlisted shares soar 80% in six months


MUMBAI: The National Stock Exchange, the country’s biggest bourse, has seen its valuations surge 80% in the past six months as investors begin to factor in strong growth amid strong retail trading volumes and returns from IPOs last year.
NSE shares are currently traded at Rs. 1,750 apiece in the unlisted market compared with Rs. 900-1000 in September last year, said brokers. At the current price in the unlisted market, NSE is valued at Rs 87,000 crore.
“NSE shares in the unlisted market rallied sharply over the last six to eight months following excellent numbers the stock exchange has reported in the last few quarters,” said Narottam Dharawat, founder of Mumbai-based Dharawat Securities. “Currently, NSE shares are traded in the range Rs 1700-1800 apiece”. ....

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