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    MCX at Rs 1385 in pre-opening session

    A share of MCX is at Rs 1387, up 34.40% over issue price of Rs 1032 in a pre-opening session on the BSE.

    March 09, 2012 / 10:01 IST
       
       
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      A share of MCX is at Rs 1387, up 34.40% over issue price of Rs 1032 in a pre-opening session on the BSE. In first one hour i.e. from 9 am to 10 am, price discovery for a share will happen, which is called equilibrium price.


      There will be normal trading session for the stock with equilibrium price after 10 am, wherein it will have 20% circuit limit.


      So the upper circuit limit may be at Rs 1660.8 while lower circuit at Rs 1109.6 a share.


      The company raised Rs 663 crore via issue of offer for sale of 64.27 lakh equity shares.


       

      first published: Mar 9, 2012 09:39 am

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