| Financial Services - Broking and Advisory | Share and commodity broking, depository participant, currency trading, M&A consultancy, financial collaboration services. | Longstanding SEBI registration, international M&A collaboration, established client base, regulatory compliance. | Retail investors (B2C), corporate clients for M&A and consultancy (B2B). | M&A consultancy and advisory services yield higher margins than broking. | 11 | 100 | Brokerage fees, advisory fees, trading commissions. | Transaction-based brokerage fees, consultancy contracts, service charges. | Growing domestic trading volumes, forex market participation, strategic collaborations. | |
