DSIJ Mindshare

Continuing the positive trend from the previous week, the market is expected to open slightly higher on June 19. The SGX Nifty, which opened the session at 18,927 points, indicates a positive start for the benchmark indices with a gain of 6 points. In early trade today, SGX futures reached a high of 18,975.

The price band of the issue has been fixed at Rs 555 to Rs 585 per equity share. The issue size is Rs 480.00 crore at a higher price band.

Of course, you may notice an apparent value of Rs 0.05 for OTM options close to expiry, known as the Last Traded Price (LTP). However, it's crucial to distinguish LTP from the actual value of the option on expiry.

The company delivered exceptional returns of 251 per cent over the past 3 years, while over the past 5 years, it provided remarkable returns of 242 per cent.    

Over the past one year, the company has delivered a multibagger return of 254 per cent.