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No matter how good a business, overpaying for a stock negatively impacts returns. Saurabh Mukherjea’s Marcellus is only the latest example of the perils of forgetting this timeless lesson.

The fintech’s financial services business has done reasonably well in Q4 FY26. But upping its lending game without the NBFC tag will be a tall task.
While rivals lost users, India’s largest broker leaned on lending and derivatives to deliver strong growth.
Promoters balk at smaller issues and uncertain pricing, choosing to wait out volatility.