New 52-Week High: Board Of Mid Cap Financial Services Stock To Consider Stock Delisting

Board of directors of mid cap financial services sector stock, ICICI Securities Ltd are scheduled to consider a proposal for delisting of equity shares on June 29. ICICI Securities informed BSE about delisting of equity shares on June 25, 2023. Shares of ICICI Securities witnessed a surge of 9.79% till 1:19 pm on BSE. ICICI Securities shares also traded new 52-week high price on June 26, 2023. ICICI Securities stock witnessed a major spurt by over 23 times today. Check details below:

ICICI Securities To Consider Equity Shares Delisting: As per the BSE filing of the company, "We wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, June 29, 2023 to consider a proposal for delisting of Equity Shares of the Company pursuant to a Scheme of Arrangement with ICICI Bank Limited, listed Holding Company, under Chapter VI Part C, Regulation 37 of SEBI (Delisting of Equity Shares) Regulations, 2021."

ICICI Securities Stock Performance & Return: Current market price of ICICI Securities share is Rs 619.40 per share. The shares opened at Rs 650.00 apiece, touched the day's high or 52-week high price of Rs 650.00 apiece, and day's low of 607.00 per share. The 52-week low price of ICICI Securities stock is Rs 408.20 per share. Its market capitalisation is Rs 20,002.56 crore. ICICI Securities delivered 19% in last 1-week, 24% return in last 1-month, 43% gain in last 3-months, 25% return YTD (year-to-date), and 42% rise in 1-year.

Earlier on Friday, shares of ICICI Securities witnessed a rally of 7% on Friday.

ICICI Securities About: ICICI Securities Ltd is a technology-based firm offering a wide range of financial services including investment banking, institutional broking, retail broking, private wealth management, and financial product distribution. Headquartered in Mumbai, ICICI Securities operates out of 75 cities in India and wholly owned indirect subsidiaries in Singapore and New York, according to its official website.

Disclaimer: The board of mid cap stock will consider stock delisting on June 29 and shares witnessed strong rally. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.