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DCX Systems' Rs 500-cr IPO to open on Oct 31

Updated at : 2022-10-20 22:25:01

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The company has cut the size of its fresh issue of equity shares to Rs 400 crore from Rs 500 crore planned earlier.

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The bank’s net interest margin, a key profitability metric, improved to 2.86% for the quarter under review

US stocks waver as earnings roll in with focus on UK

Updated at : 2022-10-20 21:20:01

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The Dow Jones Industrial Average added 160 points, or 0.5%. The S&P 500 and the Nasdaq Composite gained 0.2% and 0.4%, respectively.

Key levels to watch out for is the high of a large bearish candle (i.e. 17,642) formed on 23rd Sept and sustenance below for the same could attract price consolidation with immediate support seen near the 17,300 zones, said Amit Trivedi of Yes Securities.

Brokerage Kotak Institutional Equities expects continued strength in the home care revenue growth on the back of price hikes in laundry products

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The company has fixed November 4 as the record date

Brokerage Kotak Institutional Equities expects continued strength in the home care revenue growth on the back of price hikes in laundry products

According to the statement, the issue size was 240 crore partly paid-up equity shares for cash, at a price of Rs 5 per rights equity share (including a premium of Rs 3 per rights equity share) aggregating up to Rs 1,200 crore on a rights basis in the ratio of 5 rights equity shares for every 21 fully paid-up equity shares.

According to the statement, the issue size was 240 crore partly paid-up equity shares for cash, at a price of Rs 5 per rights equity share (including a premium of Rs 3 per rights equity share) aggregating up to Rs 1,200 crore on a rights basis in the ratio of 5 rights equity shares for every 21 fully paid-up equity shares.

“Now, it has to be above 17,500 zones for an up move towards 17,777 and 17,850 zones, whereas supports are placed at 17,442 and 17,350 zones,” said Chandan Taparia of Motilal Oswal.

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