The stock was down for the fifth straight trading day, at Rs 223, down 2 per cent on Monday, its lowest level since listing on April 4, 2018.
Valuation of 16x its FY20 earnings a key factor in favour of stock
The company reported a 34.3 per cent fall in consolidated net profit at Rs 101.1 crore for October-December period of 2018-19. It had posted PAT of Rs 153.9 crore in the year-ago quarter.
The facility will be available on 600 select stocks on the BSE representing 99 per cent of market capitalisation
ICICI Securities had a PAT of Rs 1.30 billion in July-September quarter of 2017-18
ICICI Securities is the market leader in the broking segment with a 9.2% market share
The regulator has also ordered compensating investors who redeemed their units since the date of allotment of shares in IPO
Broking revenues rose 32% year-on-year to Rs 10.24 billion in 2017-18
ICICI Securities' revenue rose 32% to Rs 18.59 billion as against Rs 14.04 billion in FY17
The price band for the issue is Rs 519 to Rs 520 per share
Madhabi Puri Buch has a strong understanding of stock markets,' recalls a former colleague
This pact to enable domestic investors enter overseas markets, including equities and debt segments