NSDL shares have risen 15.50% since its listing in August. (Image: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Shares of National Securities Depository Ltd. extended its decline for the fourth day with the stock falling 2.53% to Rs 1,076 apiece. Despite the correction, the share price is trading higher than its initial public offering price of Rs 800.

The shares have declined 24% from its post-listing price high of Rs 1,425 per share, recorded on Aug. 11. The shares have fallen 7.78% in the last four sessions.

While the company is scheduled to announce its second quarter earnings on Nov. 13, its consolidated revenue decreased 14% sequentially in the first quarter reaching Rs 312 crore. Depository revenue fell 3% quarter-on-quarter but rose 19% year-on-ye

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