GENERAL24 Sept 2026
NSE shares trump HUL! Enters top 10 list of Indian stocks in terms of market capitalization | Stock Market News
NSE listed on September 24 at ₹1,800, slightly above its ₹1,785 IPO price, then rose to an intraday high of ₹1,878. With a market capitalisation of ₹4.63 lakh crore, it is now India's ninth-largest listed company, ahead of HUL and Sun Pharma. Investors saw a strong debut, but a six-month lock-in applies to some pre-issue shares.
Key Statutory Highlights
- NSE shares listed at ₹1,800 on the BSE on September 24, just above the ₹1,785 IPO price, and touched an intraday high of ₹1,878.
- With a market capitalisation of ₹4.63 lakh crore, NSE became India's ninth-largest listed company, ahead of HUL at ₹4.53 lakh crore and Sun Pharma at ₹4.48 lakh crore.
- Emkay has begun coverage on NSE with a Buy rating and a September 2027 target price of ₹2,050, implying about 15% upside.
Actionable Advice for Taxpayers / Founders:If you are thinking of buying NSE shares, note that a six-month lock-in applies to pre-issue shares held by non-promoter shareholders apart from certain AIFs. Treat brokerage target prices as estimates, not guarantees, and check with your advisor before investing.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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