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Analysts of IIFL Capital Services like MCX’s growth strategy and remain constructive on the stock.

The global engineering services company has raised Rs 3,042.51 crore via public issue, at Rs 500 per share, the upper price band.

Analysts of IIFL Capital Services forecast BAGIC/BALIC to grow their PAT/VNB at 23%/24% Cagr over FY23- 26, while BAF is expected to grow its EPS by 27% Cagr.

The base price for 3BHK (1,090 sq.ft)/4BHK (1,367 sq.ft) units were Rs18.7mn/Rs27.5mn respectively. Additionally, there is a floor-rise charge of Rs50/psf applicable for all floors.

The IPO comprised a fresh issue of Rs 302 crore shares by the company, and an offer-for-sale of Rs 198.69 crore by promoter and investors.

Maruti last raised vehicle pricing by 0.8% in April of this year. Last fiscal year, it implemented a total price rise of 2.4%.

The RBI fined Chennai-based public sector lender Indian Overseas Bank Rs 1 crore.

Ghosh brings in over three decades of experience in microfinance, banking, and development segments.

It offered a salary package of Rs 1.6 crore for the role of Algorithms Engineer.

According to media sources, the railways established the tentative pricing last year at Rs 67,500 per tonne, up from Rs 63,624 per tonne set for FY18-19.