Earning IPO: DCX Systems made strong earnings today


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Listing of DCX Systems IPO: Today proved to be a good day for those who invested money in the IPO of DCX Systems. The investors who have got the shares of this company have made huge profits within minutes. Today, the IPO of DCX Systems got listed on the BSE at Rs 289.10 with a premium of 39.66 per cent. Apart from this, the IPO of DCX System on NSE was listed at Rs 287, up 38.65 per cent.

Earnings IPO: DCX Systems made a huge profit today

Know what is the rate of this share at 12 noon

The stock of DCX Systems has been in a bull run since its listing. At 12 noon, the stock is trading at a level of Rs 314.25 on the NSE, up by Rs 108.50. At present, there is a gain of about 52 per cent in this stock. While the upper level of this stock has been Rs 319.90 so far, while the lower level has been Rs 287.00.

Know at what rate the share was allotted

DCX Systems had fixed its price band of Rs 197 to Rs 207 per share during the IPO. Investment in this IPO could be done from 31 October to 2 November. Investors had invested heavily in the IPO of DCX Systems. The IPO was last oversubscribed 69.79 times, as per NSE data. The quota for qualified institutional buyers was subscribed 84.32 times in this IPO. Whereas, the retail investors’ quota was subscribed 61.77 times and the non-institutional investors’ quota was subscribed 43.97 times.

Earning IPO: DCX Systems made strong earnings today

What should investors do now after listing at a higher rate?

If shares are allotted in DCX Systems IPO, and can be held for a long time, then good profits can be made later. Such advice is being given by experts. But if you had invested in this IPO to make money, then it would be good to sell the stock at this stage.

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english summary

DCX Systems IPO today generated 40 per cent listing gain

The IPO of DCX Systems was listed on BSE today at Rs 289.10 with a premium of 39.66 per cent. At the same time, 38.65 percent was listed on the NSE at Rs 287 level.

Story first published: Friday, November 11, 2022, 13:07 [IST]





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