Could anyone please throw some light on how the IDFC LTD future contracts would be handled? As per NSE website, they should be settled on closing price of the last cum-date:

Un-expired contracts outstanding as on the last cum-date would be compulsorily settled at the settlement price. The settlement price shall be the closing price of the underlying on the last cum-date.

However, some people are suggesting that they may continue the contracts till the expiry. Some people suggested that contracts would be expired on record date. Too much confusion.

Thanks for bringing up this point. I agree when viewed this way, the compensation seems on the higher side but this is at the moment only an enabling resolution. We need to wait and see how much they actually take and what are the revenues at that point of time. Sakar’s promoter remuneration has been within normal range until now though it has increased rapidly in recent years. I view it as a negative but not a show stopper as yet. If the revenues increase in line with the salary, it would be okay I guess. But yes, this is a point that needs to be watched.

HBL cmp 640. The daily chart attached shows multiple patterns within a single chart.

1. First there is a double bottom between 378 to 612 ( confirmed few weeks back on breakout above 612) with a potential target of 846. All marked in fluorescent green.
2. Next is a Wolfe Wave triangle marked in blue with a target line also marked. Target of that WW achieved.
3. Third is a rising channel marked in solid sea blue color wherein recently stock price consolidated in the region of 600-610 for a few days at lower end of channel.
4. Last is the small double bottom between 600 and 647 again marked in sea blue dotted lines.

For someone wanting to observe charts for patterns within patterns happening within a short time frame, this is a great example to learn stuff. ( disc; I am invested, and this is not a recommenndation but put up to show examples of multiple patterns within a single chart window. )

Instead of mentioning some or less, can you include numbers to your analysis. Please do mention their competitors. If there is any moat available or what is the company’s USP, do write them.

How come equity shares increased by ~35 lakhs when direct securities issued are just 6.05 lakhs & 8.65 lakhs warrants?

Can someone explain the maths here?