Basis of allotment will be on August 22 and the equity shares will be credited to depository accounts of allottees on August 23. The stock will be listed on exchanges on August 24.
Biswas expects the rupee to be range bound between 82.40 to 82.85 over the next few days, with the tone of the Reserve Bank of India s (RBI) policy decision on Thursday being a key monitor for its hawkishness.
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