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DB Corp Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 1748.79 Crore) operating in Media & Entertainment sector.

A total of 4,854 shares changed hands on the counter till 10:31AM (IST)

According to some back-of-the-envelope calculations, the loss in value of its stake in IRCTC and the valuation multiples for one of the most sought after stocks will be multiple times the revenue that the government hopes to generate from the sharing of the convenience fee with IRCTC.

The stock quoted a 52-week high price of Rs 449.8 and a 52-week low of Rs 150.7.

L&T Finance Holdings Ltd. key Products/Revenue Segments include Dividend, Interest for the year ending 31-Mar-2021.

“I hope that the market does not collapse under the weight of these IPOs.”

“Market correction is very healthy in the long run. For the time being, not participating in this correction at all. ”

Investors were concerned over relentless foreign outflows seen in the last six sessions amid cuts in India equity rating by many foreign brokerages citing expensive valuations vis-a-vis other emerging markets.

The Nifty IT index was trading 0.13 per cent down at 34866.9.

Larsen & Toubro Ltd., incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 254839.72 Crore) operating in Construction sector.