Equitas Holdings falls 2% as board to consider scheme of arrangement on Feb 1

A board meeting is scheduled for February 01, 2019 to consider a composite scheme of arrangement.

Shares of Equitas Holdings shed 2 percent intraday Tuesday as company board is going to consider a scheme of arrangement for a listing of Equitas Small Finance Bank.

It has touched an intraday high of Rs 123.15 and an intraday low of Rs 114.40.

A draft composite scheme of arrangement to be entered between Equitas Holdings, Equitas Small Finance Bank and their respective shareholders is being placed for consideration of the board in its meeting scheduled on February 01, 2019.

At 12:06 hrs Equitas Holdings was quoting at Rs 115.25, down Rs 1.60, or 1.37 percent on the BSE.

The share touched its 52-week high Rs 173.40 and 52-week low Rs 78.00 on 18 May 2018 and 26 October 2018, respectively.

Currently, it is trading 33.54 percent below its 52-week high and 47.76 percent above its 52-week low.

For more trading tips find top 10 stock advisory company Indore

Comments

मेंथा ऑयल रेट टुडे: हफ्तेभर में 4% लुढ़का मेंथा, ₹1300 के नीचे जा सकता है भाव

मेंथा ऑयल का भाव एक हफ्ते में 4 फीसदी गिर चुका है. आगे भी कीमतों में तेज गिरावट के संकेत हैं. इसकी वजह नई फसल की आवक है. इस साल मेंथा का बंपर उत्पादन होने की उम्मीद है. कारोबारियों को जून में कीमतों में बड़ी गिरावट की आशंका है. मेंथा का सबसे ज्यादा उत्पादन उत्तर प्रदेश में होता है. ओरल केयर, फार्मास्युटिकल, परफ्यूम और कन्फेक्शनरी बनाने वाली कंपनियां मेंथा का इस्तेमाल करती हैं. मेंथा तेल की कीमतें पिछले महीने 1,360 रुपये प्रति किलोग्राम तक लुढ़क गईं. गुरुवार को एमसीएक्स पर मेंथा ऑयल का मई वायदा 0.20 फीसदी की गिरावट के साथ 1370 के आसपास कारोबार कर रहा था. वहीं दूसरे नजदीकी कॉन्ट्रैक्ट जून डिलीवरी का भाव 1,255 रुपये प्रति किलोग्राम पर कारोबार कर रहा था. एंजल ब्रोकिंग के डिप्टी वाइस प्रेसीडेंट (कमोडिटीज एवं करेंसी) अनुज गुप्ता ने कहा, 'हमें उम्मीद है कि आगे मेंथा ऑयल में गिरावट बढ़ सकती है. मई कॉन्ट्रैक्ट का भाव नीचे में 1,300-1,280 रुपये प्रति किलोग्राम तक गिर सकते हैं. कंपनियां मेंथॉल और क्रिस्टल बनाने के लिए भी मेंथा ऑयल का इस्तेमाल करती हैं. मेंथा को पुदीना भी क

Sensex Today | Stock market: strong debut, nifty across 11,250

stock markets started the season with great speed. The speed of American and Asian markets has given a good place in the Indian market, which has brought the market up ahead of the election. On the other hand, there will be a re-election in the UK parliament. The strength of money also gave relief to the market. The rupee appreciated by 20 paise to 68.69 against the dollar in early trade. This is the best performance since January 7th. On Monday it was 25 paisa. The US stock market rose sharply on Monday, while Dow Jones rose by 0.79 percent, while the S & P 500 Index gained 1.47 percent. Nasdaq composites climb 2.02 percent At 9.30 in the morning, the BSE index was trading 291 points or 0.787 percent and was trading at 37,345 level. On the other hand, the Nifty 50 index was also recorded at 86.25, or 0.77 percent, at 11,254. BSE Smallcaps and Midcap Index gained strength from three quarter to one per cent. In addition to the telecom index on BSE, the index of all secto

Keep 5-yr investment horizon for Long Term Equity Fund

Though the fund has done well over past five years, the investors must be prepared to tolerate short-term under performance in case there is a sudden rally that overlooks fundamentals . Investment strategy The scheme has invested in a concentrated portfolio of around 25 stocks. The stocks are picked up on a bottom-up basis. The fund manager identifies investment opportunities that would deliver over a five-year time frame. “We don’t put much emphasis on the macro environment and the associated factors since they are not predictable and not within anyone’s control. Should you invest now? The scheme’s portfolio has cut its net exposure to Indian stocks over past two years. Compared to 62 percent in September 2016, it came down to 55 percent in September 2017 and to 45 percent now, in line with rising valuations of quality companies. High cash levels and exposure to overseas stocks have helped the fund to weather recent sharp correction in Indian stocks. If

Market Captain Investment Advisor

Search This Blog