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We have collated a list of recommendations from top brokerage firms from ETNow and other sources.
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Canara HSBC Life Insurance IPO allotment is scheduled for October 15. Refunds and share credits will follow on October 16. The stock will list on the BSE and NSE on October 17. The IPO saw a subscription of 2.30 times. Institutional investors led the demand. The grey market premium is currently flat. This indicates limited listing gains are expected.
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Midwest, a natural stone exporter, is launching its Rs 451-crore IPO on October 15. The offering includes fresh shares and existing shareholder sales. The price band is set between Rs 1,014 and Rs 1,065. Midwest mines granite in Telangana and Andhra Pradesh and exports to 17 countries. The company plans to use IPO funds for expansion and sustainability initiatives.
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Company’s board approved an interim dividend of Rs 7 per equity share. It has fixed October 24 as the record date.
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The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
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