| Stock Broking and Financial Services | Equity trading, futures & options, currency derivatives, mutual fund advisory, and wealth management. | Stock exchange memberships, established client base, strong regulatory compliance, and growing brand presence. | Retail investors, high net worth individuals, and corporate clients (B2C focus). | Derivatives trading and wealth management services generate higher margins. | 570 | 100 | Commission and brokerage fees from transactions, advisory fees, and wealth management charges. | Transaction-based brokerage, advisory fees, and subscription-based wealth management. | Rising retail investor participation, broad product suite, preferential equity share allotments bolstering capital base. | |
