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Best Stock Advisory Company In India

When it comes to stock market investment, most retail investors often find themselves at the losing end. This could be attributed to lack of knowledge or expertise to understand how the stock market w...
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Dixon Technologies Rs 600 crore IPO to open on Sept 6

The electronic manufacturing services company Dixon Technologies (India) Ltd intends to raise about Rs. 600.00 crore from its IPO which is opening tomorrow, 6 Sept.

The company expects to garner Rs 60.00 crore from the initial round of equity sale and Rs 540.00 crore from offer for sale (OFS) route. The IPO will open on Sept 6 and close on Sept 8 with a price band of Rs. 1,760 TO 1,766 share apiece with a face value of Rs. 10.00 each.

Dixon Technologies plans to repay debt of Rs 22.00 crore, invest Rs 7.57 crore in setting up its 7th manufacturing unit for LED TV in Tirupati. The company will utilize Rs 8.85 crore for producing parts of LED lights at its Dehradun plant.

Financially, the revenue of the company has grown by about 82% to Rs 2456 crore at the end of 2016-17, from Rs 1,344 crore a year ago, supported by the mobile phone segment. Dixon Technologies had registered about 20 % increase in its consolidated profit at Rs 50.4 crore in 2016-17, from Rs 42 crore in the previous fiscal.

 

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Reliance Defence & Engineering’s financial results announced

Reliance Defence & engineering Ltd (RDEL) has reported its standalone revenue for the quarter ended March 31, 2017. Total sales for this quarter figured at Rs. 228 crore, registering 140.5% year-o...
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BSE implements new pricing strategy to attract bulk deals

Bombay Stock Exchange (BSE) will start charging transaction fee on per trade basis, as a new attempt to attract bulk deals. Earlier the exchange used to charge Rs. 275.00 per crore on gross turnover o...
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Special Advantages of Day Trading: Here are 10 Points

How do you tackle the Intraday markets? In intraday trading, different traders adopt different styles. However, there are many advantages of Intraday or day trading over positional trading which invol...
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How To Recognise The Best Stock Advisory Company

In today’s rookie world, it’s not only hard to find the best stock advisory company, at the same time, it also really very tough to find out a genuine trader. Are you surprised with this statement? Yo...
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