WEDNESDAY • AUGUST 12, 2020

CHENNAI
₹10 • Pages 12 • Volume 27 • Number 193 Bengaluru Chennai Coimbatore Hubballi Hyderabad Kochi Kolkata Madurai Malappuram Mangaluru Mumbai Noida Thiruvananthapuram Tiruchirapalli Tirupati Vijayawada Visakhapatnam Regd. TN/ARD/14/2012-2014, RNI No. 55320/94

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WEDNESDAY • AUGUST 12 • 2020

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WEDNESDAY • AUGUST 12, 2020
CHENNAI
₹10 • Pages 12 • Volume 27 • Number 193

CLEANTECH EUROPE CALLING STILL IN SLOW LANE

Upcoming auctions for coal Even as the US places curbs on outsourcing, Domestic passenger car sales declined by 
mines turn the spotlight on software exporters are seeing an increase 12 per cent year­on­year in July to 
coal vs renewables p8 in business from Europe p3 1,02,773 units, according to SIAM report p2
Bengaluru Chennai Coimbatore Hubballi Hyderabad Kochi Kolkata Madurai Malappuram Mangaluru Mumbai Noida Thiruvananthapuram Tiruchirapalli Tirupati Vijayawada Visakhapatnam Regd. TN/ARD/14/2012-2014, RNI No. 55320/94

QUICKLY
SC backs daughters’ equal With ‘Sputnik V’ vaccine, Russia
COVID-19 PANDEMIC
Ramp up testing, PM tells States
New Delhi, August 11 right to HUF property takes the first shot at Covid-19
Prime Minister Narendra Modi Scientific community
on Tuesday urged Bihar,
Gujarat, Telangana, Uttar The right is by birth, spectively).  Today,  the  court  ob­ cautious on safety
Pradesh and West Bengal – served  that  since  the  right  in
which along with five other
and a daughter  coparcenary is by birth, it is not ne­ and efficacy features 
States account for nearly 80 has same rights/ cessary that the father coparcener PT JYOTHI DATTA
per cent of the current Covid-19 cases — to should be living as on September 9, Mumbai, August 11 

ramp up testing as these States are liabilities as a son, 2005, when the amendment to the In a development no less dramatic

reporting higher levels of positivity. “In
those States where testing rate is low and
positivity rate is high, there is a need for
ramping up testing,” Modi said in a virtual
meeting with Chief Ministers of these
States. p9
ECONOMY
Factory output revives a tad in July
New Delhi, August 11
Industrial activity showed improvement in
June, but still remained in contraction
zone. According to latest data, the
contraction in the Index of Industrial
Production has narrowed to 16.6 per cent
in June against indicative headline number
of 33.89 per cent in May and 57.62 per cent
in April. For the three-month (April-June)
period, the rate is nearly 36 per cent. P3
PORTFOLIO
DE-TAX
Sold your house? Invest to save on tax
If you intend to sell your house or a plot of
land, plan it such that you have a tax-
efficient sale. To start with, sell the property
only after at least two years from
acquisition. This will qualify the gains as
long-term and get you the benefit of lower
tax — 20 per cent with indexation benefit. If
you sell within two years, the gains will be
considered short-term and taxed as per
your slab rate. Even the 20 per cent tax
(after indexation) on the long-term gains
can be avoided if you invest the gain in
another residential house or in specified
bonds under Section 54EC of the Income-
Tax Act. p8
rules Apex Court
SHISIR SINHA
New Delhi, August 11
The Supreme Court has reiterated
that a daughter can claim an equal
share ofparental property. This will
be applicable even if the father had
died before the enforcement of the
2005  amendment  to  the  Hindu
Succession Act.
A Bench of Justices Arun Mishra,
S Abdul Nazeer and M R Shah said
that  “the  provisions  contained  in
the  substituted  Section  6  of  the
Hindu Succession Act, 1956 confer
the  status  of  coparcener  on  the
daughter born before or after the
amendment  in  the  same  manner
as a son with same rights and liabil­
ities.” This means the 2005 amend­
ment can be used retrospectively. It,
however, remains to be seen how
this ruling will affect succession in
the corporate sector.  daughters  from  their  HUFs and
Valli Arunachalam, Karta of MV
Murugappan  Hindu  Undivided
Family,  welcomed  the  judgment
terming it “indeed a great day for
all  Indian  women.  The  judgment
further reinstates faith in the judi­
cial system by making it loud and
clear that daughters can no longer
be deprived of their rights to ances­
tral property, no matter when they
were  born.  Women  in  the  patri­
archal  system  have  been  fighting
an  uphill  battle  for  long  to  get
equal rights in all spheres — succes­
sion, work and social status.”  Benches of the apex court in 2016
But Rishabh Shroff, Partner with
Cyril  Amarchand  Mangaldas  law
firm, feared that as, after the 2005
amendment, many Hindu fathers
would  move swiftly  to  cash  out
many  will  be  dissolved  or  parti­
tioned. “The real impact on family
businesses will not be too much as
most businesses today are owned
directly or, more recently, via trusts
or holding companies. It may affect
personal wealth, but family­owned
companies  will  not  be  very
affected.”
Conflicting verdicts
The issue was referred to a larger
Bench in view of the conflicting ver­
dicts  rendered  by  two  Division
(Section 6 is not retrospective in op­
eration) and 2018 (it applies retro­
Hindu  Succession  Act,  1956  came
into effect.  triggered  by  a  novel  coronavirus,
“The rights can be claimed by the
daughter  born  earlier,  with  effect
from  September  9,  2005  as
provided  in  Section  6(1)  as  to  the
disposition, or alienation, partition
or testamentary disposition which
had taken place before 20th day of
December,  2004,”  the  Bench  said.
On December 20, 2004, the Hindu
Succession (Amendment) Bill was
introduced in the Rajya Sabha.
Cases pending
The  Bench  noted  that  many  peti­
tions on this issue are pending in
various High Courts and subordin­
ate  courts.  It  expressed  concern
over the delay in settling the matter
due to the legal imbroglio caused
by the conflicting decisions.  tion,  even  as  late  stage  trials  get
The Bench quoted from a ruling
of 1996: “A common saying is worth
pressing into service…. A son is a
son until he gets a wife. A daughter
is a daughter throughout her life.…
The eligibility of a married daugh­
ter must be placed on a par with an
unmarried daughter (for she must
have  been  once  in  that  state)...  to
claim  the  benefit...  (Otherwise,  it
would  be)  unfair,  gender­biased
and  unreasonable,  liable  to  be
struck down under Article 14 of the
Constitution... It suffers from twin
vices  of  gender  discrimination
inter se among women on account
of marriage.”
(With inputs from Mumbai
Bureau)
Also read p7
than  the  global  lockdown
Russia has claimed to be the first
country to have a Covid­19 vaccine. 
And  no  less  than  the  Russian
President’s daughter is reported to
have  been  given  the  vaccine,  for­
eign­media  reports  said,  quoting
Vladimir Putin. 
“I know that it works quite effect­
ively, forms strong immunity, and I
repeat, it has passed all the needed
checks,”  a  Reuters  report  quoted
Putin as saying.  Sinovac are just the front­runners.
The “Sputnik V” vaccine, as it is
being called, was developed by Mo­
scow’s Gamaleya Institute and has
got  regulatory  approvals  within
two months of clinical trials on hu­
mans. The preventive drug will re­
portedly be used for mass vaccina­
underway.  study  is  required  to  understand
Global response
The  global  scientific  community
has been muted in its response to
the Russian vaccine, since little in­
formation about it is publicly avail­
able. It does not feature on the vac­
cine  landscape  published  by  the
World Health Organization.  Paediatrics’ (IAP) committee on im­
The Russian vaccine comes even
as  companies  and  governments
from across the globe power ahead
with research and “at risk” manu­
facturing efforts to have a Covid­19
vaccine for human use as soon as
possible.  the vaccine, Shashank Joshi, mem­
Vaccine  candidates  from  the
United  Kingdom’s  Oxford  Univer­
sity­AstraZeneca  combine,  United
States’  Moderna  Inc,  and  China’s to be seen whether the vaccine is
safe and effective for a long time. 
And  these  vaccine­candidates  are “In the Covid landscape, lots of
in  late­stage  human  trials,  in­ things  have  been  unpredictable
volving about 30,000 people, with and fast­tracked,” he says, respond­
their  research  milestones  being ing to queries on whether the Rus­
routinely  published  and  put sian  vaccine  had  short­cut  proto­
through scientific scrutiny.  cols. “We don’t have clarity because
Vaccine expert Vipin M Vashish­ there  is  no  data  published  in  the
tha  says  that  at  least  a  six­month English language,” he says, adding
however  that  flu  vaccines  taken
safety  and  efficacy  of  the  Russian every  year  are  developed  in  six
vaccine.  weeks. 
“Little is known on the antibody
protection it provides and for how Positive sign
long. Is it a single or double dose Alok  Roy,  Chair,  FICCI  Health  Ser­
vaccine? Is it a live vector vaccine, vices Committee and Chairman of
etc.,” says Vashishtha, a former con­ Medica  Group  of  Hospitals,  says
venor  of  the  Indian  Academy  of the news is good “because it shows
the  virus  can  be  broken.  In  the
munisation.  darkness  of  corona,  someone  has
“It is a peculiar virus and could lit a matchstick.” 
even trigger an immune response To  those  critical  of  the  vaccine
by  the  body  to  levels  that  can  be and its fast­tracked timeline, he re­
harmful,” he cautioned.  sponds:  “We  knew  little  of  the
“Cautiously  optimistic”  about coronavirus when it emerged, but
we learnt as we went along. Simil­
ber  of  Maharashtra’s  Covid  task­ arly,  the  vaccine  too  will  evolve.
force, says Russia had always been Fewer people will die of a vaccine
ahead in the race. It now remains than of the virus.” 

Make in India: Oil PSUs, Shipping Ministry on
collision course over tanker hires up to ₹200 cr 
P MANOJ per  cent  band  is  applicable  to
Mumbai, August 11 
Oil firms want to Ministry says global  tenders  for  over  ₹200
State­run oil firms will “abide” by use right of first these deals only crore contracts. 
the government’s revised ‘Make The oil PSUs discussed the is­
in India’ policy on procurement
refusal clause for Indian firms sue at a joint meeting a few days
of  services  below  ₹200­crore ment  policy,”  a  Shipping  Min­ So, that itself is much more than ago. “Previously, there was some
value  for  shipping  crude  and istry official said.  the Make in India policy because doubt over abiding by the policy.
petroleum  products  by  adopt­ For  many  years,  Indian  fleet in  that  the  local  firms  have  to But when we are using the right
ing the prevailing right of first owners  have  had  a  right  to come  within  a  certain  price of first refusal, there is no doubt.
refusal  (RoFR)  given  to  local match the lowest rate offered by band of the lowest foreign bid­ We  are  very  clear  that  we  are
firms in global tenders for hiring a foreign  flag  ship  in  global der to get the preference,” he ex­ abiding  by  the  policy,”  said  an­
ships,  multiple  official  sources tenders issued by state­run firms plained. In the revised Make in other oil PSU official. 
said.  for hiring vessels under the char­ India policy, local firms have to The  oil  PSUs  have  also  ex­
The  Shipping  Ministry,  how­ tering guidelines framed by the come within 20 per cent of the pressed  concern  over  shortage
ever,  is  of  the  view  that  the  oil Directorate General of Shipping. lowest foreign bidder to get the of Indian ships to meet their re­
PSUs’stand is against the govern­ Only if Indian shipping compan­ right of first refusal.  quirements. 
ment’s policy intentions.  ies decline a contract, can the for­ “But  we  are  willing  to  give “If they feel that there are not
“Under the revised Make in In­ eign  flag  ship  that  had  quoted them preference from any posi­ enough  local  ships  available,
dia  policy,  there  is  no  right  of the lowest rate be awarded the tion even if the price difference they can give an action plan of all
first  refusal.  Indian  shipping cargo transportation deal.  is beyond 20 per cent. We are also the cargo they plan to import un­
companies have the right on all “By right of refusal only we are not  insisting  on  the  local  con­ der Make in India and the ship­
contracts  below  ₹200  crore  as abiding  by  this  Make  in  India tent  percentage  stipulated  un­ ping companies will arrange the
these contracts can only be given policy,”  said  an  official  with  a der  the  Make  in  India  policy vessels  accordingly,  either  by
to  Indian  shipping  companies. Mumbai­based oil refining and though  all  ships  owned  by  In­ aligning their own vessels or by
The right of first refusal kicks in marketing PSU. “At whatever po­ dian  companies  are  built/pur­ chartering ships. So, we have re­
for  over  ₹200­crore  contracts sition Indian parties are, even if chased  overseas.  RoFR  itself  is quested the user ministries, de­
when they float a global tender. they  have  quoted  the  highest more than adequate to comply partments and PSUs to draw up
But  for  below  ₹200­crore  ship rate  in  global  tenders,  still  the with the policy, that’s our stand,” an  action  plan  in  consultation
hiring contracts, it is only a lim­ first chance is given to them to the official said.  with the shipping industry,” the
ited  tender,  that’s  the  govern­ match the lowest foreign bidder. The Ministry says that the 20 Shipping Ministry official said. 

The changing pitch of protests in the Covid-19 era

From vocal to silent, from offline to digital,
novel forms of dissent are emerging
MAMUNI DAS
New Delhi, August 11
On Tuesday afternoon, a caco­
phony  of  honking  could  be
heard on the borders of Mad­
hya  Pradesh.  Transporters’
unions  were  blowing  their
horns in a concerted action to
vent their anger against har­
assment on the roads and the
culture of bribes.
With  pandemic­imposed
distancing norms forbidding
any  physical  gathering,
protestors  are  finding  novel
ways  to  seek  change.  The
truckers in India borrowed a
note  from  their  global
brethren  to  register  their
noisy protest.
“We got to know about this
method  of  protest  from
France  and  Canada  where
truckers have resorted to such
actions,” said Kultaran Singh
Atwal, President, All India Mo­
tor  Union  Congress  (AIMTC).
In May, truckers in the US too
had  honked  to  outrage
against the low freight rates.  March and hit 23,032 in June.
Transporters  in  India  have
also been seeking removal of
value  added  taxes  (VAT)  on
diesel,  respite  from  paying
road taxes, among others, for
several months now after the
Covid­19  prompted  lock­
down.  For  three  days  —
between  August  10  and  Au­
gust  2  —  trucks  will  boycott
certain routes, the AIMTC has
decided.
terious  circumstances
Digital protests
The  old  favourite  ways  of
gheraos,  rasta  rokos,  rallies
and marches may not be pos­
sible in Covid times. But don’t
think dissent is going to die. It
is  changing  expression.  Wel­
come  to  digital  candle
marches,  online  walk­outs,
virtual  petitions,  hashtag
campaigns and more, to seek
redressal  and  mobilise  mass
support.  platform for protest, has seen
Recently, the death of actor
Sushant Singh Rajput in mys­
ector, Change.org India.
sparked  digital  candle­light
protests seeking fair investig­
ation.  Over  two million
people  participated.  Fans  lit
candles on July 22, and posted
photos,  and  videos  tagging
activist­lawyer  Ishkaran
Bhandari,  who  had  initiated
the  campaign,  on  Twitter,
Facebook, and Instagram.
Since  lockdown,
change.org,  a  global  digital
an exponential rise in people
using its services. From 2,550
petitions from India in Febru­
ary,  it  shot  up  to  8,492  in
Nearly 1.5­crore Indians are on
the platform which has seen
wide­ranging appeals, includ­
ing  the  need  to  protect  doc­
tors  and  healthcare  workers,
relax  school  fees  and  house
rents, or rise against domestic
violence. 
“While  the  lockdown  shut
people inside their homes, it
couldn’t  cage  their  spirit,”
says Nida Hasan, Country Dir­
Corporates too have borne
the brunt of digital protests.
In June, Facebook employees
staged a virtual walk­out say­
ing their company was doing
too little about President Don­
ald  Trump’s  response  to
protests on the brutal killing
of George Floyd. 
From physical to digital, vo­
cal to silent, dissenters are cer­
tainly  finding  innovative
ways to capture attention. 

CM . ...... . .....
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2 NEWS
Europe calling: IT firms vie for big pie
With the onset of Covid-19, companies in
Europe showing interest in outsourcing
VENKATESH GANESH
Mumbai, August 11
Even  as  the  US  places  restric­
tions  on  outsourcing,  soft­
ware  exporters  are  seeing  a
rise in business from Europe.
In Q1FY21, TCS Europe reven­
ues grew by 2.7 per cent, while
the company’s revenues from
North America were down 6.1
per cent. Europe business for
Infosys grew by 4.4 per cent in
constant  currency  at  a  time
when  North  America  repor­
ted flat growth. For HCL Tech,
Europe business grew 11.4 per
cent on yearly basis.
For  Hexaware,  Europe  was
the  best­performing  geo­
graphy despite  forex  (euro)
headwinds.  Companies  ex­
clude the  UK  when  they  re­
port revenues from Europe.
Covid Impact
With  the  onset  of  Covid­19,
many  companies  in  Europe,
which  have  been  laggards  in
terms of outsourcing, are left
Hyundai Creta drives past
five lakh units sales milestone
The company’s
blockbuster
has been the
best-selling SUV in
May, June and July
OUR BUREAU
Chennai, August 11
Hyundai  Motor  India  Ltd
(HMIL)  has  said  its  block­
buster  SUV  Creta  has
achieved a sales milestone of
five  lakh  units  in  the  do­
mestic market.
The  company’s  all­new
Creta, which was introduced
in  March  2020,  has  secured
more  than  65,000  bookings
so far.
In July, Creta topped the UV
segment  with  sales  of  11,549
units. Creta remains the best­
selling  SUV  for  three  consec­
IndiGo in talks
to leaseback 12 of
its ATR aircraft
to raise funds
FORUM GANDHI
Mumbai, August 11
IndiGo has initiated conversa­
tions with two lessors for ‘sell
and  leaseback’  of  12  ATR  72­
600 and its engines.
Two people privy to the in­
formation said the talks have
been  on  with  at  least  two
lessors,  including  Aergo  Cap­
ital and DAE. According to one
of  them,  “Each  of  these  air­
craft  is  likely  to  generate  $18­
20  million  for  the  low­cost
carrier.  The  plan  is  ‘sell  and
leaseback’  these  12  aircraft  to
one lessor only.”
Hopes to raise ₹2,000 crore
Ronojoy  Dutta,  CEO,  IndiGo
said the airline was planning
to sell and lease back some of
its  aircraft  during  the  earn­
ings call of Q1FY21 but he had
not spelt out the details then.
The  airline  is  hoping  to
raise  about  ₹2,000  crore
through this route.
Responding  to  a  query
from  BusinessLine,  IndiGo
confirmed  that  the  airline  is
mulling to sell and lease back
these  12  ATRs,  along  with  all
other  ATRs,  CEOs  and  some
spare engines.
No timeframe given
“We  are  working  to  close
these  transactions  but  it  will
be  difficult  to  give  a  specific
timeframe for its completion.
Apart  from  this,  we  will  con­
tinue  to  finance  our  new  air­
craft  deliveries  in  the  ordin­
ary course as more planes are
delivered,”  the  spokesperson
said.  showcase  a  select  range  of
Currently,  IndiGo  has  the
largest  fleet  in  India.  As  of
June 30, 2020, IndiGo has 274
aircraft in its fleet, of which it
owns 29. The airline has has 25
ATRs in its fleet.
Currently,  IndiGo  operates
400  flights  daily.  Due  to  the
pandemic,  it  had  to  take
harsh  steps,  including  salary
cuts, furloughs for its employ­
ees.  done a soft beta launch of this
CM
YK
with  few  options  to  sustain
and  grow  their  business.
Overall,  Europe  contributes
about $30 billion to exports.
“We  anticipate  Europe  to
grow faster as companies are
beginning  to  shed  their  out­
sourcing  inhibitions,”  said  R
Srikrishna, CEO, Hexaware.
ISTOCK.COM
Apart  from  the  growth
numbers,  from  a  geography
perspective, deals are starting
to come in, albeit in a gradual
manner. For example, techno­
logy  spends  have  accelerated
across  key  European  banks
such as Credit Suisse, UBS, and
Banco  Santander,  according
to Motilal Oswal.  There  is  a  union  problem  in
Jagannathan  Chakravarthi,
CFO  of  Sonata  Software,  is  of
the  view  that  outsourcing
queries  have  started  to  come
in and budgets of companies
have  gone  up.  The  industry,
however,  is  hesitant  to  put  a
number as the pandemic con­
tinues to spread .
So  far,  Indian  companies
Hyundai Creta
utive months (May, June and
July  2020),  said  a  company
statement.
HMIL  said  the  company
leads  the  UV  segment  with
four  performing  SUVs  —
Creta,  compact  SUV  Venue,
premium  SUV  Tucson,  and
electric SUV Kona.
Diesel bookings up
The company’s total UV sales
stood  at  34,212  units  during
the April­July 2020 period.
The  contribution  of  diesel
‘Premium plan won’t affect network quality ’
Voda Idea tells TRAI that customers who
haven’t subscibed to REDX will not suffer
OUR BUREAU
Mumbai, August 11
Vodafone  Idea  has  informed
telecom  regulator  TRAI  that
its premium tariff plan, under
which  some  subscribers  are
being given higher speed, has
no  impact  on  the  quality  of
service  being  provided  to
other subscribers.  lator’s order even as it allowed
In a submission to the Tele­
com  Regulatory  Authority  of
India  (TRAI),  Vodafone  Idea
said the usage on its premium
plan,  called  REDX,  and  the
number  of  such  subscribers
form  only  a  small  fraction
and,  therefore,  it  has  no  im­
pact  on  the  overall  network
throughput.
TRAI order stayed
TRAI had recently asked Voda­
fone  Idea  to  explain  the
premium  tariff  plan  which
LG India unveils online store
It complements
offline dealers
MEENAKSHI VERMA AMBWANI
New Delhi, August 11
As  consumers  turn  to  digital
channels  to  buy  appliances
during  Covid  times,  LG  Elec­
tronics  India  has  formally
launched  the  company­
owned  online  store  in  India.
In  the  first  phase,  the  com­
pany's  site  will  go  live  in  top
nine  metro  cities  and  will
products.
Deepak  Taneja,  Business
Head,  Online  &  E­Commerce,
LG Electronics India, said, “We
are one of the first few brands
that  have  launched  this  dir­
ect­to­consumer  channel­
,with  a  full­fledged  company
owned­website,  unlike  some
other players that are relying
on  third­party  sites.  We  had
have  not  really  been  able  to
crack  the  European  market,
apart  from  the  UK  and
Scandanavia.  “There  are  lan­
guage  and  cultural  issues.
replacing people. So, compan­
ies  don't  outsource  that
much,” according to Founder
and  Lead  Analyst,  EIIRTrend
and Pareekh Consulting.
Chaning dynamics
All  this,  however,  is  slowly
changing. In Q1, TCS’  $6.9 bil­
lion deal wins included a mix
to the  new  Creta  bookings
continues to soar and is now
at 60 per cent.
“Hyundai  Creta  has  been
the blockbuster model in the
Indian  automobile  industry
ever since its launch in 2015.
Redefining  the  SUV  land­
scape in India, Creta has out­
performed  the  industry
benchmarks  in  all  aspects,
said  Tarun  Garg,  Director
(Sales,  Marketing  &  Service),
HMIL.
With  the  500,000  sales
mark, the Creta has set yet an­
other  benchmark  in  the  in­
dustry, he said adding, HMIL
is  continuously  strengthen­
ing  its  portfolio  with  the
best­in­segment features and
technologically­advanced
products.
Hyundai  has  also  been
selling India­built new Creta
across 88 countries.
the  operator  had  launched
last  year.  The  regulator  had
initially asked the operator to
stop  taking  in  new  sub­
scribers  under  the  premium
plan.  ation  of  access  server  loca­
The Telecom Dispute Settle­
ment  Appellate  Tribunal,
however, had stayed the regu­
TRAI  to  continue  with  its  in­
vestigation. The key aspect of
the  investigation  is  finding
out  whether  the  promise  of
higher speed to premium cus­
tomers is impacting the qual­
ity  of  service  being  provided
to other users.
Spectrum  is  a  shared  re­
source and, hence, it is widely
perceived that high usage by a
specific  group  of  consumers
in an area could impact other
subscribers  in  the  same  loca­
tion.  However,  Vodafone  Idea
website  about  a  month  ago
and now it is being launched
formally."
“Direct­to­consumer  chan­
nel  is  an  emerging  channel
and  this  launch  in  India  is
part  of  the  company’s  global
strategy.  We  believe  this  will
help  us  gain  consumer  in­
sights  to  better  our  products
and  offerings  such  as  mem­
bership programme will help
us  serve  our  customers  bet­
ter,” he added.
Shifting preference
The  company  said  its  online
store  will  complement  its
partnerships  with  other  e­
commerce  marketplaces  as
well  as  its  large  offline  net­
work of dealers and distribut­
ors. 
“We  see  a  new  set  of  cus­
tomers  who  are  inclined  to
buy online and have a strong
preference to buying directly
from the brand....” Taneja said. 
IT’s changing
■
Covid accelerates
need for digital in
European
enterprise
■
Outsourcing
queries coming in
from Europe;
budgets have
gone up
■
Leadership in
Indian firms needs
to shift to Europe
of  European  companies  such
as Swiss Financial Services, Ra­
bobank and Tryg Forslkring.
Covid should accelerate the
need  for  digital  in  European
enterprise.  HCL  had  won  a
$600­million  deal  with  Eric­
sson recently. Wipro acquired
4C, a Belgium­based company
which  is  one  of  the  largest
Salesforce partners in the UK,
Europe  and  the  Middle  East.
Some large deals in Europe in­
cluded  HCL­Volvo,  Infosys­
ABN Amro, among others.
There  are  also  many  large
PowerGrid posts consolidated
net profit of ₹2,048 crore in Q1
OUR BUREAU
New Delhi, August 11
Power Grid Corporation of In­
dia  Ltd  (PowerGrid)  has  pos­
ted  a  ₹2,048­crore  consolid­
ated  profit  after  tax  for  the
first quarter of FY20­21, down
from the ₹ 2,502.80 crore net
profit  reported  by  the  com­
pany  in  the  same  quarter  of
fiscal 2019­2020.
Rebate to Discoms
The lower profit is on account
of a one­time consolidated re­
bate of ₹1,075 crore to power
distribution  companies  (Dis­
coms)  for  passing  on  to  the
end­consumers on account of
Covid­19  pandemic  against
April  2020  and  May  2020
billing.  This  has  been  recog­
nised  by  the  company  as  an
exceptional  item  a  filing  to
the BSE.
Consolidated  total  income
was  reported  at  ₹9,816.72
crore in the quarter under re­
‘Those subscribing to REDX form
a small fraction of customers’
has  told  the  TRAI  that  it  has
been  able  to  manage  its  net­
work  in  a  way  that  the
premium  service  did  not  im­
pact  other  subscribers  on  its
network.
“There  is  an  ongoing  sub­
stantial  addition  of  capacit­
ies, optimisation and network
integration  of  Vodafone  and
Idea  Networks  resulting  in
more  efficient  use  of  spec­
trum.  This  all  translates  into
better services despite unpre­
multinationals  in  different
sectors,  which  are  based  out
of Europe. In the first wave of
outsourcing,  deals  went  to
players  with  strong  regional
European  providers  such  as
Capgemini.
So,  can  India­based  soft­
ware majors capitalise on this
new  found  opportunity?  Jain
believes  that  Indian  service
providers need to invest more
in  local  delivery  and  acquire
European firms. “Most Indian
firms look at Europe from UK­
based  operations  and  that
needs  to  change.  Also,  the
leadership of Indian firms are
either  in  the  US  or  India,
which  needs  to  move  to  Ger­
many or France,” he said.
On  the  ground,  however,
banks  in  Europe  and  North
America  are  poised  to  provi­
sion for the greatest increase
in  defaults  since  2009,  and
unemployment  will  keep
rising as governments will be
under  pressure  to  protect
jobs.  In  July,  the  European
Commission  said  that  it  ex­
pects  the  EU  economy  to
shrink 8.3 per cent in 2020.
view,  up  from  ₹9,361.72  crore
in the comparable quarter of
the previous fiscal.
Significant  transmission
elements  commissioned  dur­
ing  the  quarter  include
400kV  D/C  Hiriyur­Mysore
line  and  ICTs  at  Meerut,
Koteshwar  and  Balipara  sub­
stations  of  PowerGrid.  Fur­
ther, long pending 400kV D/C
Rajarhat­Gokarna  transmis­
sion  line  was  also  commis­
sioned  in  July  2020,  a  com­
pany statement said.
PowerGrid  maintained  an
average  transmission  system
availability  of  99.83  per  cent
for the first quarter. As at June
2020  end,  the  total  transmis­
sion  assets  of  PowerGrid  and
its  subsidiaries  stood  at
163,695  circuit  kilometres  of
transmission  lines,  248  sub­
stations  and  more  than
413,950  mega­volt  ampere
(MVA)  of  transformation  ca­
pacity, the company said.
cedented  traffic  growth.  “As
mentioned  earlier,  various
factors which are beyond the
control  of  operator  can  de­
termine  actual  delivery  of
speed  to  the  customers.  The
same has been duly informed
to  customers.  These  factors
are the nature of handset, loc­
tions, server performance, to­
pography etc,” Vodafone Idea
said in its submission to TRAI. 
At  the  customer  level,  the
average  speeds  experienced
by  REDX  customer  is  at  least
1.5  times  that  of  non­REDX
customer. 
“REDX subscribers have bet­
ter  experience  in  terms  of
speed  as  offered.  No  impact
on non­REDX due to REDX pri­
ority  feature,  their  speeds
have  overall  increased,  with
no  perceptible  difference
between  overall  network
download  speeds  and  non­
REDX  download  speeds,”  the
operator said. 
Amazon to usher in an inclusive
shopping experience this Diwali
Transgenders,
persons with
disability, military
veterans to help
with delivery
of orders
SANGEETHA CHENGAPPA
Bengaluru, August 11
This Diwali, Amazon India is all
set to usher in a diverse and in­
clusive  shopping  experience
with  over  145  transgenders,
800­plus persons with disabil­
ity,  100­plus  military  veterans
and  6,000  women  associates,
who are an integral part of its
fulfilment network operations
staff.
Amid the disruption caused
by  the  Covid­19  outbreak,
Amazon India opened up two
last­mile delivery stations with
100  employees,  where  every­
one from the manager to asso­
ciates  and  security  is  a  trans­
gender. Additionally, it runs a
pilot with 45 transgender asso­
ciates  in  a  sort  centre,  where
customer packages are sorted
before delivery.  cussed on hiring and improv­
“What has been a matter of
pride is that Covid has not dis­
tracted  us  from  our  commit­
ment on D&I (diversity and in­
clusion).  We  opened  up  two
transgender  delivery  stations
in Gujarat and MP in June with
JSW Steel output down 5% in July
Production was at
12.46 lakh tonnes
against 13.17 lakh
tonnes in the same
period last year
OUR BUREAU
Mumbai, August 11
JSW  Steel  production  was
down  5 per  cent  in  July  to
12.46 lakh tonnes against 13.17
lakh  tonnes  logged  in  the
same period last year.
Flat  product  output  in­
creased marginally to 9.40 lt
(9.08  lt)  while  that  of  long
Swati Rustagi, Director of HR,
Amazon India Operations
100 transgender people and a
pilot with 45 transgender asso­
ciates in our sort centre in Gu­
jarat in July.  Amazon  Relief  Fund,  Partner
More women hired
“For  our  recently­concluded
Prime  Day  sale  ramp  up,  our
seasonal hiring had a signific­
ant  intake  of  women,  espe­
cially  in  our  delivery  partner
network.  We  focussed  on
bringing in women into senior
leadership roles across our or­
ganisation.  in  mind  the  pandemic,
“Unlike  most  organisations
that  hire  military  veterans  in
security  functions,  we  have
hired them for a multitude of
roles  at  senior  and  mid­man­
agement  levels  and  have  fo­
ing  our  pipelines  on  persons
with disability for managerial
positions,”  Swati  Rustagi,  Dir­
ector of HR, Amazon India Op­
erations, told BusinessLine. 
In January 2017, Amazon pi­
oneered  the  ‘Silent  Delivery
Seshagiri Rao, Joint MD, JSW Steel
products  used  in  construc­
tion  and  real  estate  projects
fell to 2.40 lt (3.16 lt).
The company’s production
has been hit over the last four
months  due  to  rampant
spread  of  Covid  near  the
company’s  plant  at  Vijay­
CHENNAI
BusinessLine 
WEDNESDAY • AUGUST 12 • 2020
Station’  in  Mumbai  that  star­
ted as a pilot with four hard­of­
hearing  associates,  working
alongside  associates  in  an
Amazon delivery station. Now,
there are 2 Silent Delivery Sta­
tions in Mumbai that are com­
pletely  staffed  by  the  speech
and hearing impaired. 
Covid­19 initiatives
For  all  its  front­line  staff,
Amazon  introduced  several
support  initiatives,  including
14  days  additional  leave,
Fund  for  subsistence  wage,
and  special  financial  incent­
ives  during  the  lockdown.
Amazon also paid 20 per cent
to  50  per  cent  higher  com­
pensation in April and May. A
‘thank  you  bonus’  of  ₹10,000
was given in June to all its front
line staff, including drivers, se­
curity, housekeeping. Keeping
Amazon  temporarily  allowed
its  associates  to  carry  phones
on the floor so that their famil­
ies can connect with them and
vice­versa.
“At  Amazon  India,  we
already extend insurance cov­
erage to same gender partners,
, we have recently introduced
support  for  sex  reassignment
surgery  for  our  regular  staff.
Inclusion is the foundation of
diversity  programs,  said
Rustagi.
anagar. However, it has taken
measures  by  restricting
entry of people into the fact­
ory and ramping up capacity
steadily.
In  a  recent  interview,  Se­
shagiri  Rao,  Joint  Managing
Director,  JSW  Steel,  said  to
clamp  down  Covid  spread,
the company accommodated
13,000  employees,  including
temporary  labours,  within
the company's colony.
“No  one  is  allowed  to  go
out or come in. We have cre­
ated  separate  zone  for  load­
ing and unloading. The virus
spread  is  completely  con­
trolled,” he said.
.. ..... . . ...
CHENNAI

BusinessLine
WEDNESDAY • AUGUST 12 • 2020 NEWS 3

Auto sales continue to slide in July Factory output revives a tad in June Aug instalment of

Utility vehicles bucked the trend by
posting sales growth, SIAM data show
OUR BUREAU
New Delhi, August 11
The  domestic  passenger  car
sales  declined  by  12  per  cent
year­on­year  (YoY)  in  July  to
1,02,773  units  versus  1,16,814
units  in  the  corresponding
month last year, said the latest
report from the Society of In­
dian Automobile Manufactur­
ers (SIAM).
However,  the  utility
vehicles  (UV)  segment  grew
by  14  per  cent  YoY  to  71,384
units  during  the  month  as
against  62,681  units  in  July
last year. This was led by new
launches  such  as  Hyundai
Creta, and robust demand for
Kia  Seltos,  Maruti  Vitara
Brezza  and  Hyundai  Venue,
the  report  released  on  Tues­
day showed.
Segment wise, total passen­
ger  vehicles  declined  by
around  four  per  cent  to
1,82,779  units  during  the
month  as  compared  with
1,90,115 units in July last year.
In  the  two­wheeler  seg­
ment,  the  total  sales  were  re­
corded  at  12,81,354  units  in
July,  down  15  per  cent  as
against  15,11,717  units  in  July
2019.
While  scooter  sales  de­
clined  by  36  per  cent  YoY  to
3,34,288  units  (against
5,26,504  units)  during  the
month,  the  motorcycle  sales
declined  by  around  five  per
cent  YoY  to  8,88,520  units
(against  9,34,021  units),  the
SIAM data said.
All eyes on August data
According to SIAM, compared
to the last few months things
are now looking up for the in­
dustry  and  it  is  now  waiting
for  August  sales  numbers  to
see  the  exact  change  in  the
market,  as  the  festive  season
kicks off this month.
“After  few  consecutive
months of plummeting sales
in a post­Covid scenario, there
are  signs  of  green  shoots  in
passenger  vehicles  and  two­
wheelers,  where  the  YoY  de­
growth is much lesser than in
the  previous  months.  The
sales  numbers  in  August
would indicate, if this is a sus­
tainable demand and not just
a pent­up  demand,”  said  Ra­
jan Wadhera, President, SIAM.
Production  of  vehicles  has
also  increased  compared  to
the last two months.
“The month of July was sig­
nificantly better than the pre­
ceding  months  and  it  in­
stilled  some  confidence  into
the  industry.  Many  original
equipment  manufacturers
have  registered  improved
sales  vis­à­vis  the  past  few
months, and this brings back
a sentiment  of  resolve  to  the
sector,”  said  Rajesh  Menon,
Director General, SIAM.
But still stuck in
contraction zone
OUR BUREAU
New Delhi, August 11
Industrial  activities  showed
improvement in June, but still
remained in contraction zone.  in  August  2020  especially  in
According  to  latest  govern­
ment data, the contraction has
narrowed  down  to  16.6  per
cent in June against indicative
headline number of 33.89 per
cent in May and 57.62 per cent
in April.  feels that the labour intensive
For the three months (April­
June) period the rate is nearly
36 per cent.
For  the  first  time  after
March,  the  Statistics  Ministry
has come out with a headline
number  showing  a  contrac­
tion  of  nearly  20  per  cent  in
mining,  over  17  per  cent  in
manufacturing  and  10  per
cent in electricity.  and GST e­way bills narrowed
These  three  sectors  re­
gistered  contraction  of  22.4
per cent, 40.7 per cent and 15.8
For the first time since March,
the govt has released headline
numbers for manufacturing,
mining and electricity REUTERS
per  cent  respectively  in  the
April­June period.
Note of caution
According to Aditi Nayar, Prin­
cipal  Economist  at  ICRA  Ltd,
the pace of contraction of vari­
ous  lead  indicators,  such  as
the output of Coal India Lim­
ited,  electricity  consumption
to  single­digits  in  July  2020,
which  suggests  that  the  de­
growth  in  the  IIP  would  also
shrink in that month. 
Nevertheless,  we  continue
to  caution  that  pent­up  de­
mand  contributed  to  the  im­
proved  performance  of  cer­
tain  categories  of
manufacturing  in  June­July
2020,  which  may  not  sustain
light of the extension of local­
ised  lockdowns  in  various
States
Anil  K  Sood,  Co­Founder  of
the  Institute  for  Advanced
Studies  in  Complex  Choices,
manufacturing  sectors  like
textiles  and  apparels,  ma­
chinery,  motor  vehicles  and
transportation  don’t  show
much sign of recovery — these
sectors constitute nearly 15 per
cent  of  the  index  weight  and
the production is below 60 per
cent  of  level  achieved  during
June last year.  Mizoram, Nagaland, Pun­
“A lack of growth in labour
intensive  sectors  will  have  an
adverse impact of demand go­
ing forward,” he said.
post-devolution
revenue deficit
grant released
OUR BUREAU
New Delhi, August 11
The Finance Ministry has
released  ₹6,195.08  crore
to  14  States  as  grants­in­
aid  to  cover  deficit  on
post  devolution  revenue
account for 2020­21. 
This  is  the  fifth
monthly  instalment  of
the  post­devolution  rev­
enue  deficit  grant  as  re­
commended  by  the  Fif­
teenth  Finance
Commission, the Finance
Minister’s office tweeted.
The 14 States that have got
the  grants  in  aid  are
Andhra  Pradesh, Assam,
Himachal  Pradesh, Ker­
ala, Manipur, Meghalaya,
jab, Tamil  Nadu, Sikkim,
Tripura, Uttarakhand and
West Bengal.

Public procurement contracts, investments  Centre grants 1-month extension

routed through Hong Kong need govt approval to scrap recycling units in SEZs
RICHA MISHRA/KR SRIVATS
New Delhi, August 11
Not  only  for  bidding  of  gov­
ernment  procurement  con­
tracts, even investments flow­
ing  into  India  through  Hong
Kong­based  investment
vehicles or entities will hence­
forth  need  prior  government
approval.  tions in government procure­
This is because Hong Kong,
being  a  territory  of  China,
needs to conform to the newly
altered  government  procure­
ment and investment rules for
those countries with which In­
dia shares land border.
The  new  public  procure­
ment rules require companies
(bidders)  originating  from
countries  with  which  India
shares land border to register
with  the  government  body
and  get  prior  security  and
political clearance.  government procurement
“It  was  confirmed  that
Hong  Kong  is  considered  as
part  of  China,”  Secretary  Ex­
penditure  TV  Somanathan
told BusinessLine.
Therefore, the recent restric­
ment  —  introduced  appar­
ently  in  the  face  of  Chinese
aggression and to discourage
and  screen  Chinese  invest­
ments  —  will  cover  entities
within  Hong  Kong  operating
as  regional  headquarters  or
having  holding  companies
even though it may not share a
land border with India.  tries  with  which  it  shares  a
India had, in July, amended
the  General  Financial  Rules
will cover entities within
Hong Kong operating as
Secretary Expenditure
TV Somanathan
2017  to  place  restrictions  on
bidders from countries which
share a land border with it. In
mid­April,  India  had  tweaked
the FDI policy mandating gov­
ernment  approval  for  all  in­
vestments flowing from coun­
land border.
After  these  changes,  there
X
W dustry is that it could affect in­
The recent restrictions in
regional headquarters or
having holding companies
even though it may not
share a land border with
India
were  doubts  in  industry
circles  as  to  whether  Hong
Kong, being part of China, too
would  be  covered  under  the
restrictions. Private equity in­
dustry  is  understood  to  have
knocked  at  the  government
doors  seeking  clarity  on  the
issue.
The  concern  for  the  PE  in­
vestments flowing from funds
domiciled in Hong Kong.  tend the validity of listed plastic
It  would  affect  foreign  dir­
ect  investment  transactions
given that Hong Kong — which
was  administered  till  1997  by
UK— has been an international
financial  and  business  hub
with  the  presence  of  a  large
number of wholly­owned sub­
sidiaries  of  holding  compan­
ies  from the  US,  Europe  and
the UK.
Even  after  administration
control  of  Hong  Kong  was
handed  to  China,  several  US/
UK/European  corporates  are
using  their  Hong  Kong  entit­
ies  to  manage  and  control
their operations in South­East
Asia.  SEZs to the 47 listed plastic and
AMITI SEN
New Delhi, August 11
The  Centre  has  decided  to  ex­
and clothing recycling units in
three  special  economic  zones
in Kandla (Gujarat), Falta (Kolk­
ata) and Noida (Uttar Pradesh)
by another month till Septem­
ber 30 this year and has sought
early  conclusion  of  inter­de­
partmental consultations to fi­
nalise a policy for the same.
The recycling units, that were
given a three­month extension
on  May  31,  2020,  had  been
stopped  from  importing  any
item prohibited by the Ministry
of Environment and Forest.
“The  one­month  validity  ex­
tension has been given by the
Board  of  Approval  (BoA)  for
clothing  recycling  units  in  its
recent meeting.  and  Export  Oriented  Units
This gives the various Minis­
tries involved with the decision
some  more  time  to  come  up
with an apt policy for recycling
units located in the zones.  US exports
“Since  the  extended  time­
period  is  short,  the  depart­
ments involved are expected to
act fast,” a government official
aware of the development told
BusinessLine.
Import of virgin scrap
One of the proposals being ex­
amined is the use of imported
virgin scrap as raw material by
the units but a decision is yet to
be taken, the official added.
In  March  2019,  the  Ministry
of  Environment  and  Forest
(MoEF) had prohibited import
of  solid  plastics  waste  in  SEZs
(EoUs) but, a few dozen plastic
recycling units were exempted
from this. 
Till that time, only SEZs and Ex­
port  Oriented  Units  were  al­
lowed to run recycling units as
the government had banned is­
sue  of  new  licenses  for  such
units  in  the  country  almost
twenty years ago. 
After  China  imposed  a  ban
on import of recycled waste in
2017, the US — one of the largest
waste exporter — shifted its fo­
cus  to  South  Asia  including
Malaysia, Thailand and India. 
In  2018,  it  reportedly  expor­
ted 294 million pounds of scrap
plastic to India.

PAN not mandatory for foreign Defence Acquisition Council okays

investors of AIFs in IFSCs
SHISHIR SINHA
New Delhi, August 11
The  Income  Tax  Department
has  exempted  foreign  in­
vestors,  who  put money  into
funds  set  up  in  International
Financial  Services  Centres  (IF­
SCs),  from  obtaining  Perman­
ent Account Number (PAN).
Experts  feel  that  this  will
ease compliance and make for­
eign investment more attract­
ive.  PAN  is  an  alpha  numeric
identity  with  10  characters,
known  as  financial  identity
and  is  mandatory  in  certain
financial transactions.
The Central Board of Direct
Taxes  (CBDT),  the  apex  policy­
making body for corporate tax
and  personal  income  tax,  has
notified new norms for a “class
or classes of persons to whom
provisions  of  Sec.  139A  (of  In­
come  Tax  Act)  for  mandatory
obtaining  PAN  shall  not  ap­
ply”.  fulfilled.  LLP, it has been a long­pending
This section is related to ob­
taining and using PAN. Here it
has  been  said  that  the  provi­
sion of the said section will not
be  apply  “to  a  non­resident,
not being a company or a for­
Luring foreign investments
eign  company  who  has,  dur­
ing  a  previous  year,  made  in­
vestment in a specified fund.”
Specified Fund is a fund es­
tablished  or  incorporated  in
India in the form of a trust or a
company or a limited liability
partnership or a body corpor­
ate. It needs to be registered as
a Category I or Category II Al­
ternative  Investment  Fund
(AIF). It should be regulated by
SEBI and located in an IFSC.
For  getting  this  exemption,
some  conditions  need  to  be
First,  the  non­resident
should not earn any income in
India,  other  than  the  income
from  investment  in  the  spe­
cified  fund  during  the  previ­
ous year.  tax payable by investors.  “The  upgraded  version  of
Second, any income tax due
on income of the non­resident
must  be  deducted  at  source
and  remitted  to  the  Central
Government  by  the  specified
fund at the rates prescribed by
law.
Third,  the  non­resident
must furnish the following de­
tails  and  documents  to  the
Specified  Fund,  namely  —  de­
claration containing name, ad­
dress,  country  of  residence
and Tax Identification Number
in the country or specified ter­
ritory of his residence. In case
no  such  number  is  available,
then  a  unique  number  needs
to  be  submitted,  on  the  basis
of  which  the  non­resident  is
identified  by  the  government
of that country or the specified
territory of which he claims to
be a resident.
According to Sunil Gidwani,
Partner  at  Nangia  Andersen
demand  of  the  foreign  in­
vestor  community  that  they
should be exempted from tax
compliance  since  the  fund  in
the IFSC would be withholding
proposals worth ₹8,722.38 crore
OUR BUREAU
New Delhi, August 11
The Defence Acquisition Coun­
cil (DAC) on Tuesday approved
capital  acquisition  proposals
worth ₹8,722.38 crore.
“The DAC has approved pro­
curement of 106 Basic Trainer
Aircraft from Hindustan Aero­
nautics  Limited  (HAL)  to  ad­
dress  the  basic  training  re­
quirements  of  the  Indian  Air
Force  (IAF).  Post  Certification
70 Basic Trainer Aircraft will be
initially  procured  from  HAL
and balance 36 after operation­
alisation of HTT­40 fleet in IAF,”
an official statement said.
HAL  has  successfully  de­
veloped  Basic  Trainer  Aircraft
(HTT­40)  Prototypes  and  the
certification  process  for  the
same  is  underway,  the  state­
ment said.
To improve the fire power of
Indian Navy, the DAC approved
the  procurement  of  an  up­
graded version of Super Rapid
Gun Mount (SRGM).
This gun is fitted as the main
gun onboard Navy and Indian
Coast  Guard  (ICG)  warships
from  Bharat  Heavy  Electricals
Limited (BHEL).
SRGM has enhanced capability
to  perform  against  fast  man­
oeuvring  targets  like  missiles
and  Fast  Attack  Crafts  and  in­
crease  the  maximum  engage­
ment  range,”  the  statement
said.
The  DAC  has  also  approved
procurement  of  125  mm  APF­
SDS  (Armour  Piercing  Fin  Sta­
bilized  Discarding  Sabot)  am­
munition for Indian Army as a
‘Design  and  Development
Case’. 
The ammunition being pro­
cured will have a 70 per cent in­
digenous  content.  The  DAC
also  gave  approvals  that  are
likely to speed up the procure­
ment  of  AK  203  and  Un­
manned  Aerial  Vehicle  up­
grades, the statement said.
BusinessLine
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newspaper.

For export boost, CII urges extension of

interest subsidy scheme, faster GST refunds
OUR BUREAU
New Delhi, August 11
To give the country’s sagging exports a much
needed push, industry body Confederation of
Indian Industry (CII) has called for an expan­
sion of export finance, extension of the popu­
lar  interest  equalisation  scheme  for  all  ex­
porters for two years, removal of cesses and
fast­tracking  of  GST  refunds  which  hold  up
working capital.
In a 10­point agenda for increasing India’s
exports of goods and services in line with the
vision of an “Atmanirbhar Bharat” while deal­
ing with the pandemic, the CII has proposed
that India must aim to achieve a 5 per cent
share in world merchandise exports and 7 per
cent in services exports by 2025.
India’s goods exports declined 4.78 per cent
to $314 billion in 2019­20 compared to the pre­
vious  fiscal.  The  on­going  pandemic  hit  the
sector further with exports dropping 36.71 per
cent  to  $51.32  billion  in  the  April­June  2020
period.  Medium Enterprises (MSME).
The country’s share in global merchandise
exports is 1.67 per cent, with a low share in top
globally traded items, the report pointed out.
In services, it enjoys 3.54 per cent share.  strengthened  to  raise  resources  and  lower
“The CII report includes specific measures
for nine manufacturing sectors such as auto­
motives, chemicals, electronics, steel and tex­
tiles  etc.  Education  and  healthcare  are
covered under services. In the agriculture and
allied  sector,  CII  has  brought  out  recom­
mendations  for  agri  produce,  fruits  and  ve­
getables,  marine  products  and  processed
foods,” according to an official release circu­
lated on Tuesday.
‘Speed up trade policy’
The report suggested that in general, higher
duties on finished goods and lower duties on
intermediates should be applied and the For­
eign Trade Policy should be brought out at the
earliest to establish a stable and predictable
export policy regime.
It stressed on the need to expand export fin­
ance and pushed for extension of the interest
equalisation scheme, under which exporters
are offered credit at a subsidised interest rate,
to all sectors and not just the Micro Small and
 
The body further suggested that the capa­
cities of the Export Import Bank and the Ex­
port Credit Guarantee Corporation need to be
risks.

CM .. ..... . . ...
YK
 CHENNAI

4 THINK BusinessLine
WEDNESDAY • AUGUST 12 • 2020

0
xyz

wednesday, august 12, 2020

How efficient are our roadways?
Climate concerns The NCR-Mumbai route tops in performance. NCAER finds harassment of truck drivers a major hitch across the routes surveyed
The Centre should take a considered view on DEVENDRA B GUPTA/SANJIB POHIT goes are moved across India. Under­ of leakage of consignments and the
standably,  the  routes  include  the ‘need to pay bribes’ along the route.

T
amending environment impact assessment norms he  Indian  economy  is  go­ Golden  Quadrilateral,  the  north­ In general, the Mumbai­Hyderabad,

T
ing  through  a  difficult south,  east­west  transport  cor­ Mumbai­Bengaluru,  and
here  can  be  no  disputing  the  argument phase  due  to  the  Covid ridors,  and  the  upcoming  dedic­ Ahmedabad­Bengaluru  routes  en­
that  environment  impact  assessment crisis.  Most  of  the  rating ated freight corridors.  tail  the  minimum  problems  with
agencies have downgraded the eco­ In general, the origin and destin­ regard  to  the  ‘need  to  pay  bribes’.
(EIA) norms need to be revisited at least
nomy.  And  with  Covid  slowing ation  of  each  route  correspond to However,  it  should  also  be  noted
once  in  a  decade,  to  readjust  economic down the world economy as well, it metros  or  Tier­I/II  cities  where that bribes are an inherent part of
activities to the state of the environment. Hence, the implies that India has to run the ex­ transport/warehouse  hubs  and the system across all the routes.
Environment Impact Assessment Notification 2020 tra mile to get export orders. On top manufacturers/producers  are  loc­ In  sum,  we  find  that  the  routes
was  drawn  up  in  March,  just  before  the  first  lock­ of  this,  logistics  management  has ated.  These  routes  ] were  chosen whose  nodes  are  located  in  the
become  a  challenge  with  contain­ based  on  interaction  with  stake­ western/northern/southern  parts
down,  with  a  view  to  replacing  its  existing  avatar ment zones — where mobility is re­ holders  —  transporters  and  third­ of India are more efficient than the
prepared in 2006. Yesterday was the last day for re­ stricted  —  criss­crossing  the  land­ party logistics (3PL) players.  others.  By  and  large,  all  routes  for
ceiving public feedback on the draft. The new draft scape. Every rupee saved in logistics which at least one node is located in
has been criticised for exempting a number of pro­ matters a lot in keeping the produc­ The indicators the  eastern  part  of  India  score
tion cost low and, thereby, increas­ In each route, the following aspects poorly  in  terms  of  our  indicators.
jects from public consultations; legalising projects ing the competitiveness of the eco­ pertaining  to  transportation  activ­ The policy measure is clear: there is
which have come up without an environment clear­ nomy.  ities  were  tracked  to  judge  the need to pay greater attention to the
ance ‘ex post facto’ by making them pay a fine; easing A recent  NCAER  study  indicates route’s  efficiency:  (1)  road  condi­ development  of  soft  transport  in­
compliance norms for project proponents by mak­ that  transportation  accounts  for tions, including signage; (2) harass­ frastructure in eastern India. 
around 50 per cent of India’s logist­ ment  by  police/other  agencies;  (3)
ing them submit just one compliance report annu­
ics cost. Hence, keeping a tab on the harassment  by  officials  of  the  Re­ Main takeaways
ally instead of two at present; reducing the time win­ transportation  cost  and  finding gional  Transport  Office  (RTO);  (4) The  key  takeaways  on  soft  infra­
dow for public hearings; and not taking cognisance ways to reduce it is in the nation’s pilferage/leakage  of  consignment; structure from open­ended interac­
of  public  reporting  of  violations  and  non­compli­ interest. (5)  need  to  pay  bribes/facilitation tions  with  stakeholders  are  the
ance. Environment Minister Prakash Javadekar has Of  late,  the  World  Bank  has  de­ money;  (6)  unavailability  of  inter­ following:
veloped  a  domestic  logistics  per­ modal  exchange  points;  (7)  limita­ There is an urgent need to train
refuted some of these allegations in a letter to the formance index (LPI) across nations tions in terms of rail infrastructure; officials at check­points. As of now,
chairman of the Parliamentary Standing Committee including India. However, these in­ and  (8)  limited  infrastructure  in these officials prefer to work in the
on Environment and Forests, Jairam Ramesh. He has dicators provide only the status of terms of parking terminals with re­ traditional way and are reluctant to
said  that  detailed  consultations logistics  for  India  as  a  whole  and freshment facilities for drivers.  accept electronic documents.
not  at  a  sub­national  level.  Given Since roadways have emerged as The absence of predictability in
Scan & Share will  precede  any  finalisation  of
the regional disparity in infrastruc­ the principal mode of cargo move­ delivery is one of the major reasons
the  draft,  while  contesting  the ture and development across India, ment, our questionnaire mainly fo­ that  adds  heavily  to  the  logistics
view that environmental rules are it is crucial to capture the regional cussed on this aspect of transporta­ costs in India. The main reason for
being given the go­by. Exemptions perspective of logistics.  tion.  However,  since  policy­makers A careful assessment of the eight spect of soft infrastructure. this  is  the  prevalence  of  heavy
Moreover,  the  survey  for  the are  increasingly  focussing  on  rail­ indicators suggests  that  they  may The Table lists the four most effi­ traffic congestion at various bottle­
from  public  hearing  for  ‘B2  cat­
World Bank Domestic LPI ways  and  multi­modal be  grouped  under  two  heads:  ‘soft cient  and  least  efficient  routes  as necks not only in cities but also on
egory projects’, he contends, are a was  undertaken  only  at cargo movement, we also infrastructure’  and  ‘hard  infra­ per  the  perceptions  of  the  trans­ major  highways  and  expressways.
Scan & Share
feature of the 2006 draft as well. B2 projects, essen­ the major growth centres attempted to encompass structure’. Grouping under ‘soft in­ porters/3PL  players.  As  this  table Daily  changes  in  diesel  prices  also
tially Section 26 of the new draft, will be subject to a and,  therefore,  does  not this  aspect  in  our  meas­ frastructure’ implies that the score shows, the problem of harassment add to variations and unpredictab­
more  relaxed  process  of  appraisals.  The  areas  in­ provide  an  insight  into ure by including indicat­ on  these  indicators  may  be  im­ faced by the truck drivers from the ility in logistics costs.
the  regional ors (6) to (8) listed above.  proved with little investments.  RTO and police officials is serious ir­ Ensuring that freight trains run
clude oil exploration, small hydel projects; broadly underpinnings. For each of these indic­ On  the  other  hand,  improving respective  of  the  efficiency  of  the on  schedule,  and  operationalising
speaking MSMEs in the mining, minerals and chem­ In this context, an effort ators,  the  respondents the  score  for  indicators  falling  in routes.  In  fact,  this  point has  been modern  freight  terminals  are  crit­
icals sectors; small cement plants; inland waterway has  been  made  at  NCAER were  asked  to  rank  their the  category  of  ‘hard  infrastruc­ stressed  across  all  the  20  routes ical steps for attracting rail freight. 
projects;  expansion  or  widening  of  highways to  understand  the  logistics  per­ perceptions  on  a  scale  of  1  to  10, ture’  requires  significant  invest­ studied by us.  Clearly, some of these policy pre­
formance  pertaining  to  transport where  1  implies  that  the  challenge ments in terms of finance and time. The  NCR­Mumbai  route  records scriptions  are  not  too  hard  to  im­
between  25  km  and  100  km;  aerial  ropeways;  and activities  at  a  sub­national  level is of low intensity while 10 refers to Given the financial constraints dur­ the  best  performance  comparat­ plement even  in  this  pandemic
some construction projects. While the effort is con­ with a view to providing policy re­ a high­intensity challenge or prob­ ing these Covid times, it is unlikely ively,  and  the  NCR­Guwahati  route time.
sistent with the ongoing MSME push, promoting in­ commendations.  We  have  identi­ lem. The sample size of the pan­In­ that  much  progress  would  take the  worst  performance.  It  may  be
dustrial  activity  without  considering  environ­ fied  20  major  domestic  routes dia survey is about a little over ob­ place on hard infrastructure. So, let noted that the NCR­Guwahati route The writers are associated with
along  which  the  majority  of  car­ servations.  us  focus  on  the  parameters  in  re­ also  faces  stiff  challenges  in  terms NCAER. The views are personal
mental  impacts  can  push  India  into  a  deep
environmental  crisis,  as  China  seems  to  have  real­
ised of late. The EIA draft, as the Minister has indic­
ated, should be the outcome of a stakeholder con­
sensus.  Recent  moves  to  pull  down  websites  that
raised  questions  on  the  draft  were,  however,
regrettable.
Conflict with China: India’s BIT dilemma
The perils of disregarding EIA are visible around The commercial measures against China open India to arbitration from foreign investors, implying a heavy financial cost
us, in the floods and landslides in Uttarakhand, and
in  industrial  zones  such  as  Valsad,  Singrauli  and ABHILEEN CHATURVEDI balancing their investment treaties ies  to  participate  in  highway  pro­ may  in  fact  be  granted  protection
against the greater good. As noble as jects  including  through  joint  ven­ under the BIT too — essentially stat­

T
Korba, to name just a few. As Ramesh observes in his he world of treaty arbitra­
book Green Signals: “As far as hydroelectric projects tions can be uncharitable.
are concerned, we need to carry out cumulative im­ A treaty  arbitration  is  es­
pact  assessments  on  a  basin­basis  and  not  just  as­ sentially  a  legal  mechan­
ism to resolve investor­state dispute
sessment of individual projects.” EIA norms need to before  an  independent  arbitral
be  revisited  —  by  adopting global  best  practices  — tribunal, and often comes into play
with the realisation that the positive externalities of when nations renege upon their ob­
natural resources cannot be easily quantified. ligations  under  a  bilateral  invest­
ment treaty (BIT). Since 1994, India
The  exercise  of  discretionary  power  should  be
has executed more than 80 invest­
avoided to help bonafide businesses. Yet, the Centre ment treaties with various nations
should send out a clear signal that it will not brook either  bilaterally  or  multilaterally.
environmental  law  breakers,  even  as  it  focuses  on With the execution of these treaties
ease of doing business. also  came  various  BIT  arbitrations
against  the  Indian  government,
where the government has had to
justify  its  measures  before  inde­
pendent arbitral tribunals. Perhaps,
FROM THE VIEWSROOM it  was  these  multiple  arbitrations
that led India to terminate its BITs in
Some working rules on WFH 2015­16 and introduce a ‘Model BIT’
as  the  basis  for  any  future
negotiations.
The ILO’s guidelines can make post-Covid telework egalitarian
Be  it  decisions  like  adopting  a
those measures may sound, nations
have  had  to  compensate  foreign
investors.
India-China tensions
Going by current statistics, Chinese
investments  in  India  may  well  be
over tens of billions of dollars. The
dragon  has  not  restricted  itself  to
under­priced goods, but zigzagged
its  way  through  sectors  including
banking, energy, infrastructure, ser­
vices, and software. While China Inc
pervaded through India Inc and all
seemed  hunky  dory,  the  two  na­
tions  have  not  exhibited  the  same
level of symbiosis when it becomes
to their borders. Tensions between
the nations reached a tipping point
after the Galwan attacks. Given the
current  India­China  tensions  and
the subsequent measures taken by
the  Indian  government,  it  is  very
likely  that  a  Chinese  investor  may
rely upon the India­China BIT (now
Counter-offensive Tread with care
structure  companies  participated
were either cancelled or said to be
re­tendered in the future. In the tele­
com  sector,  too,  government  com­
panies are now looking at European
entities as opposed to the existing
set­up  where  3G  networks  mainly
comprise  equipment  manufac­
tured by Shenzhen­based compan­
ies. What started at the Centre now
seems  to  have  percolated  to  State
governments and local bodies, too.
Projects  in  various  States  where
there  is  Chinese  investment  have
tures,  and  also  not  allow  Chinese
investors in the MSME sector.
A BIT  offers  protection  to  in­
vestors in instances like these, and
the China­India BIT is no different. It
promises investors that the receiv­
ing country shall not expropriate in­
vestments (but for a fair and equit­
able compensation) and accord the
same  treatment  to  a  foreign  in­
vestor  as  it  does  to  a  domestic  in­
dustry. It will also accord the same
rights that the receiving country ex­
tends  to  other  foreign  investors,
and should the investments suffer
losses due to an armed conflict or
war, compensation will be offered.
Also, before a claim is made under a
BIT  arbitration,  the  BIT  itself  will
mandate  exhaustion  of  local  rem­
edies, i.e., litigating before domestic
courts.
The  China­India  BIT,  however,
states  that  business  concessions
granted  by  the  government  (for
ing that a concessionaire need not
litigate in domestic courts but can
directly  invoke  provisions  under
the BIT. While this may be peculiar
to a business concession, given the
sentiment  that  prevails  right  now,
an investor may perhaps argue that
it is futile to litigate before domestic
courts. Also, in 2015­16, the govern­
ment came up with the Model BIT.
The China­India BIT was terminated
but like most BITs, it will remain in
force for some time (15 years) and in­
vestments made before the termin­
ation will continue to be protected.
The  measures  that  India  has
taken  may  or  may  not  be  ques­
tioned before an independent arbit­
ral tribunal. However, there may be
other  foreign  investments  that
might  get  affected  if  a  Chinese  in­
vestment in the country gets expro­
priated or suffers damage. These for­
eign investors, too, can initiate BIT
arbitration  against  India.  If  not

E ven as most economies are still reeling under the impact
of Covid­19, demands to  resume regular work in offices
and factories are getting louder. Still, it is going to be difficult
solar energy policy (Spain), banning
nuclear  energy  (Germany),  plain
packaging to curtail smoking (Aus­
terminated)  and  question  such
measures.
The  counter­offensive  started
been  stalled.  The  offensive  against
Chinese  products  has  become
stronger,  too,  with  several  politi­
government projects) to an investor
may also come within the ambit of
the definition of investment under
dealt with tactfully, India could be at
the receiving end of a flurry of arbit­
rations with the measures being un­
for offices to resume work in full capacity; unions and govern­ tralia),  policy  measures  to  control with the government of India ban­ cians calling for boycott of Chinese the BIT. This effectively means that a dertaken currently. 
ments  estimate  that  for  much  of  the  working  population, the effects of recession (Argentina) ning  several  mobile  applications electronics  publicly.  The  govern­ future arbitral tribunal can perhaps
work­from­home  and  location­agnostic  work  will  be  the and  so  on  —  countries  are  often that originated in China. Few days ment in fact has gone on to say that decide that claims under a commer­ The writer is with Economic Laws
norm. In India, 90­95 per cent workers in the IT sector, espe­ found in the unenviable position of later,  tenders  where  Chinese  infra­ it would not allow Chinese compan­ cial contract with the government Practice. Views are personal
cially those employed with large IT firms, are working from
home, as industry veterans such as Kris Gopalakrishnan have
observed. They estimate that more than one million IT work­
ers will continue to do telework in the future.
This means telework is here to stay. It is im­
LET TERS TO THE EDITOR Send your letters by email to bleditor@thehindu.co.in or by post to ‘Letters to the Editor’, The Hindu Business Line, Kasturi Buildings, 859-860, Anna Salai, Chennai 600002.

portant  for  workers,  employers,  unions  and

regulators  to  have  a  clear  understanding  of Focus on healthcare rate to as low as 0.3 per cent and, at collective  memory  is  weak.  We farmers,  they  are  often  forced sink  their  differences  and  anoint
how the telework ecosystem should function The ongoing corona crisis and the the  same  time,  develop  an  effect­ move  from  one  incident  to  an­ them  to  sell  their  produce  at  one an able captain.
so that employees are not exploited, work tar­ utter neglect of people living with ive  mechanism  to  deal  with  non­ other and look back with regret. go  after  the  harvest  when  the R Narayanan
chronic  diseases  have  further  ex­ communicable diseases.  Anand Srinivasan prices  are  low.  The  creation  of  a Navi Mumbai
gets are met and a level­playing field is created for all stake­
acerbated  the  fault  lines  in  an Vijay Singh Adhikari Bengaluru comprehensive post­harvest infra­
holders. Teleworking during the COVID-19 pandemic and beyond:
already  fragmented  healthcare Nainital, Uttarakhand structure  will  emerge  as  a  game­ Inoperative post-office accounts
A Practical Guide, a handbook recently released by the Interna­
tional Labour Organization (ILO), offers some solutions. system.  Long­term  neglect  of Post-harvest facilities changer  for  country’s  agriculture There  are  huge  amounts  in  un­
The ILO guide wants workers to prepare for a “new and bet­ healthcare provisions has cost In­ Lesson not learnt At a time when the manufacturing sector and our farmers.  claimed  deposits  at  post­offices,
ter normal” by preparing a teleworking and return­to­work dia  dearly.  Though  people  suffer­ Every time a tragedy strikes, there and services sectors are struggling M Jeyaram and  many  of  these  account­hold­
ing  from  non­communicable  dis­ is a sense of deja vu. The recent ac­ to  recover  from  the  Covid  pan­ Sholavandan, TN ers may even have died. There are
policy based on the feedback received from workers during
the  initial  phases  of  the  Covid­induced  telework  modules. eases  are  at  a  higher  risk  of cident  at  Kozhikode  is  a  case  in demic  blow,  agriculture  has chances of frauds happening, with
This would include what worked well, and what can be im­ catching  Covid,  they  are  often point. None of the conditions that emerged as the brightest spot and Congress leadership unscrupulous  persons  staking
proved.  It  must  also  include  the  potential  need  for  invest­ overlooked  when  it  comes  to  re­ prevailed  on  that  dark,  fateful offers a ray of hope. However, the The Congress has played safe by re­ claim to such deposits. 
ment  in  digital  technologies  that  can  make  working  re­ ceiving prompt medical aid.  night was unknown, yet the plane lack or absence of post­harvesting taining  Sonia  Gandhi  as  party The Department of Posts should
motely easier, on a long­term basis. It is important to include Public  spending  on  infrastruc­ crashed. Year after year, torrential facilities  and  the  resultant  huge president  pro­tem.  The  regional send  letters  to  account­holders
workers’ representatives in such decision­making processes.  ture,  social  security,  healthcare downpour  causes  water­logging wastage of produce is perhaps one satraps  of  Congress  had  for  long who  have  not  operated  their  ac­
The new system should protect vulnerable groups within and education is what determines in Mumbai and elsewhere and our of  the  important  reasons  why come  to  vest  authority  on  the counts in, say, the last three years
the  workforce.  This  lot  includes  those  with  health  issues, the  quality  and  health  of  an  eco­ civic authorities have prepared us farming  has  been  steadily  losing ‘high command’' to end perennial and give them reasonable time to
older workers, workers who live with invalids, women, espe­ nomy. India is a laggard in terms of to  expect  little  or  no  improve­ its  status  as  a  profitable  proposi­ in­fights.  either  renew  or  close  their  ac­
cially  pregnant  and  new  mothers.  Employers  must  review spending on the social sector. The ment. Are our systems not geared tion.  While  the  older  generation  un­ counts. If no response is received,
various  roles  and  update  the  organisation’s  teleworking corona  crisis  has  brought  to  the to  learn  and  upgrade  for  a  better To  help  overcome  this,  Prime derstands  the  Congress  well,  the all such unclaimed money may be
policy based on the feedback and create individual telework­ fore  the  vulnerabilities  of  the response?  Minister  Narendra  Modi  had  un­ younger  generation  needs  to  be frozen  in  some  fixed  account,
ing  plans  of  workers.  More  importantly,  companies  must healthcare  system,  leading  to  in­ At  least,  the  authorities  con­ veiled  the  Agriculture  Infrastruc­ tutored  on  the  value  of  patience. which may be allowed to be with­
make  sure  the  new  policies  respect  workers’  collective  bar­ security  and  uncertainty.  Certain cerned in Chennai moved quickly ture  Fund  (AIF),  to  enhance  post­ They who only stand and wait, also drawn  by  legal  heirs  after  careful
gaining agreements. positive  lessons  should  be  drawn to shift a large consignment of am­ harvest infrastructure in the coun­ serve.  A  singular  fixation  to  win verification.
from the Kerala model, which has monium nitrate in the wake of the try. Given that most of the storage forthcoming  Assembly  elections Madhu Agrawal
helped  contain  the  Covid  fatality deadly  explosion  in  Beirut.  Our infrastructure  is  not  owned  by should  enthuse  Congressmen  to New Delhi
Jinoy Jose P Deputy Editor

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CHENNAI

BusinessLine
WEDNESDAY • AUGUST 12 • 2020 THINK 5

Istanbul and Ayodhya

Turkey, India share similar religious trajectories
Making India a leader in agri innovation
principles  and  his  vision.  To  this Facilitating integration and collaboration in agri practices via technology will organise the sector and boost productivity
C GOPINATH
day, his seat is left vacant at the daily
prayer  meeting  at  Sewagram  at NIPUN MEHROTRA Given  the  long­term  neglect  of ments  across  States,  delaying  de­
AMERICAN PERISCOPE Wardha  and  the  attendees  recite agronomics, the only way to make ployment by years. A ‘national data­

L
multi­faith prayers. et’s  face  it,  Indian  agricul­ progress  within  this  decade  is  to base  of  agricultural  innovation’

R
eligious  adherents  de­
termined  to  correct  per­
ceived wrongs of the past
have  had  a  good  season.
Earlier this month, the foundation
for  a  temple  at  Ayodhya  dedicated
to  Hindu  deity  Ram was  laid  by
Prime  Minister  Narendra  Modi;
Hindus  cheered. In  July,  Turkey’s
President Recep Tayyip Erdogan de­
clared  that  the  Hagia  Sophia  in
Istanbul will revert from a museum
to a mosque; Muslims cheered.
Religions, with their mass follow­
ing,  are  a  tempting  target  for
groups  seeking  political  power.  By
conveniently  aligning  with  a  reli­
gion and co­opting its leader, votes
and  power  over  territory  and  eco­
nomic assets like land
can  be  acquired.
Popes and Imams saw
this fairly early in hu­
man  history,  leading
to  catastrophic
events. Recall the cru­
sades  during  the
11th­13th  Centuries  to
recover  holy  land
from  Muslim  rule.  The  Spanish
monarch  sent  out  a  flotilla  of  17
ships in 1493 with the official aim of
converting the natives in new territ­
ories to Christianity, incidentally es­
tablishing a trading colony and dis­
covering riches.
There are some interesting paral­
lels  between  Indian  and  Turkish
situations. Both are democratic and
officially  secular  countries,  with  a
majority  of  people  following
Hinduism in the former and Islam
in the latter. Perhaps due to the con­
straints of their constitutions, they
had to wait for legal cover provided
by court decisions to satisfy the in­
terests of the majority.
Another  interesting  parallel  is
that both countries had ‘founding’
fathers  who  preached  a  larger  vis­
ion  beyond  narrow  sectarian  in­
terests.  While  Mahatma  Gandhi
dreamt  of  a  ‘ Ram rajya’  that
provided  prosperity  and  wise  gov­
ernance, he drew on the precepts of
several  religions  to  establish  his
Kemal Ataturk of Turkey wanted
to  modernise  his  country  and  re­
voked the Caliphate (which Gandhi
protested).  After  World  War  I,  Ata­
turk adopted  the  Latin  script  and
decided to make the Hagia Sophia a
museum. It had been built as a Byz­
antine cathedral in 537 and was con­
verted to a mosque by the conquer­
ing Ottomans in 1453.
Religiosity  has  found  a  conveni­
ent  bedfellow  with  nationalism.
Evangelists  are  happy  with  the
power play to show their religion is
superior. Nationalists play the tune
of  reinstating  past  glory.  That’s  an
easier image to recall than a prom­
ise of a glorious future. US President
Trump’s ‘Make America Great Again’
theme  could  not  do
without  the  ‘again.’
Even  the  Commun­
ists,  who  shun  tradi­
tional  religions,  have
put their faith in their
political ideology and
married it neatly with
nationalism.
Thus,  Modi  felt  the
need to preside over the ceremony
in  Ayodhya.  The  Turkish  president,
who joined the devout in prayers at
the Hagia Sophia, would like Turkey
to  become  a  Caliphate  once  again,
robbing  the  ISIS  of  one  of  its  key
objectives.
This theme of conveniently mix­
ing  religion  with  political  object­
ives has still a long run ahead of it.
Think  of  other  disputed  religious
venues  —  like  the  Al­aqsa  mosque
which  is  right  beside  the  Temple
Mount,  holy  to  the  Jews,  in  Jerus­
alem; a regular site of controversy.
I’m  not  a  religious  scholar  but  I
suspect that the core precepts of all
the major religions do not stress the
need  to  build  massive  structures,
own  land,  and  regulate  economic
activity.  They  do  advocate  loving
and being kind to fellow human be­
ings. Wouldn’t it be great if we had
that sort of a religious revival?
The writer is a professor at
Suffolk University, Boston
ture is a mess. A quagmire
of complex challenges and
policy  neglect  laced  with
vested  interests  have  resulted  in
daunting  demographics.  The  agri­
culture  sector  employs  more  than
half of India’s workforce, consumes
around 90 per cent of its freshwa­
ter  resources  and uses  nearly  half
the available land; yet, it generates
barely  13  per  cent  of  GDP  and
around 10 per cent of exports. With
more than half of all farmland rain­
fed,  small­size farms  disincentiv­
ising mechanisation, nearly half of
all farmers lacking access to credit,
rapid  soil  degradation  and  a  stag­
gering  ₹92,000  crore­plus  of  pro­
duce  lost  to  spoilage  annually,  the
path forward is long and difficult.
It’s not all bleak, though. Produc­
tion  has  outgrown  population  for
decades, catapulting India to one of
the  largest  global  producers  of
wheat,  rice,  sugarcane,  cotton,
milk, pulses, fruits and vegetables.
Going forward, India must balance
volumetric  targets  with  efficiency
and sustainability while moving up
the value chain to enhance farmer
and national income.
Encouraged by crucial policy an­
nouncements recently, can we now
dare  to  envision  a  reality  wherein
led by bold policies, mega­scale in­
novation and a foundation of new­
age  skills,  Indian  agriculture  be­
comes profitable, resilient and sus­
tainable?  By  2030,  can  India
reposition itself as a world­leading
agricultural innovator?
More  specifically,  can  we  envi­
sion  higher  production,  but  con­
sume  half  the  water,  land  and  la­
bour  used  presently;  e nsure
negligible pesticide residue; triple,
not just double our, farmer’s earn­
ings;  rethink  agri­biotechnology;
and reduce endemic malnutrition?
We can, within the decade.
The  Agricultural  Collaboratory
(TAC)  aims  to  strengthen our  na­
tional  foundation  of  agricultural
innovation and technology, includ­
ing  creating  an  integrated  Indian
agriculture platform.
‘pole vault’ deficiencies by injecting
technologies  and  innovation  on  a
massively  parallel  scale  and  build­
ing  a  collaborative  national  ap­
proach  across  private  and  govern­
ment institutions.
Relatively  tiny  countries  have
achieved  much  in  agriculture,  us­
ing  precisely  this  approach.  The
Netherlands  is  the  second  largest
exporter  globally  of  fruits  and  ve­
getables, with twice our yield. Israel
pioneered  technologies  to  grow
produce  in  harsh,  arid  conditions.
China’s agricultural economic out­
put is thrice ours, with lesser arable
land  and  similar  small­size  farms.
How do we get there? By focussing
on three aspects:
Scale agricultural innovation
India’s  agricultural  achievements
since  the  late  1960s,  initially
triggered  by  importing  18,000
tonnes  of  high­yielding  Mexican
wheat, were supported by strategic
actions,  research  investments  in
high­yielding  disease­resistant
crops, and propelled by mega­irrig­
ation  projects  and  chemical  fertil­
isers. These investments have since
plateaued.
Since  2015,  approximately  500
agri­tech  start­ups  have  raised
₹5,000­6,000  crore  of  funding,
mostly (around 60 per cent) for en­
abling  direct  consumer  access,
building  marketplaces  and  brand­
ing.  Little  investment  has  percol­
ated  into  deeper  areas  like  agri­bi­
otech.  One  reason  for  this  is  that
most founders have inadequate ag­
ricultural experience or exposure.
We must reinvest in agricultural
research institutions, insisting on a
collaborative  approach  with  agri­
tech  start­ups  and  corporates  as
equally valuable partners, blending
technology  with  domain  know­
ledge, forming a “smart agri ecosys­
tem”.  Innovation  and  precision
technologies  (for  instance,  IoT,
sensors, weather forecasting, satel­
lite,  drones,  and  cameras)  yield  a
multi­pronged  impact  across  the
value chain.
Balanced growth Along with volume, focus should be on efficiency
There  is  a  visible  need  for  an
open,  scalable,  integrating  agri
platform  that  democratises  access
to  information  and  markets,  en­
couraging  innovation  and  better
decision­making.  An  Indian  agri­
cultural  platform  (IAP)  created  by
the ecosystem and overseen by the
government is envisioned as an en­
abling  framework  of  data  and  ser­
vices (applications) centred around
data exchange. It helps composite,
fact­based tactical and strategic de­
cision­making,  leveraging  multi­
year,  multi­source  information  ag­
gregated  from  the  farms  to  the
State/national  levels.  The  IAP,
powered  by  artificial  intelligence,
reduces duplication by integrating
data  sources  and  applications  —
new and existing (eNam, eChoupal,
TraceNet,  etc)  —  and  incubates  in­
novative  business  models,  with  a
transformative  impact  to  agricul­
ture, similar to Aadhaar and UPI in
digital banking/payments.
This will require clearer rules on
agri data — ownership, usage, mon­
etisation,  inter­operability  stand­
ards — especially for IoT and satel­
lite­generated data.
Outcome-driven collaboration
We need to incentivise private­pub­
lic  institutions  to  collaborate  for
mutual benefit, besides realigning
dozens  of  national  programmes
linked  to  research  and  subsidies.
Within  the  government itself,  the
subject  is  poorly  coordinated
through several ministries, depart­
ments and entities; we need an in­
tegrated, holistic approach.
Integrated programmes: We
have  a  plethora  of  National  Mis­
sions related to agriculture, like Na­
tional  Food  Security  Mission,  Mis­
sion  on  Sustainable  Agriculture,
Mission  on  Integrated  Develop­
ment  for  Horticulture;  Mission  on
Agricultural  Extension  &  Techno­
logy;  Rashtriya  Krishi  Vikas  Yojana
etc.  By  rationalising  and  merging
overlapping  ones,  creating  a  hier­
archical  structure  wherein  niche
programmes feed into and support
progressively broader ones, we can
save  15­20  per  cent  of  subsidies
(government subsidies  are  estim­
ated at ₹30,000 per hectare, much
higher  than  a  farmer’s  earnings)
while  driving  better  outcomes.
Competing  vested  interests  often
stop  broader  programmes  from
subsuming others, whilst new ones
are created and budgets allocated.
Public-private research: While
funding  is  low,  research  output  is
disproportionately  lower  due  to
poor institutional structure for ex­
ternal  collaboration,  which  could
magnify  impact  and  licensing
revenue.
Inter-State collaboration: Agri­
tech start­ups conduct 25 pilots on
average,  repeating  similar  experi­
could reduce duplication and accel­
erate implementation.
Private-FPO links: Partnerships
between farmer producer organisa­
tions  (FPOs),  corporates  and  start­
ups will make agriculture compet­
itive.  FPOs  can  link  start­ups  with
farmers, identifying problems and
accelerating project rollout.
Agri universities: Revitalisation
of  agriculture  is  unsustainable
without  cutting­edge  skills  built
through  independent  research,
field  experience,  incubating  agri­
tech  start­ups  and  partnerships
between universities.
Bias for action
A crucial priority is “thematic”, mis­
sion­mode project execution. Exist­
ing  mechanisms  under­deliver  be­
cause of an overdependence on the
motivation,  knowledge  and  band­
width  of  one  institution.  Rarely  is
external expertise considered, or at­
tempts made to commercialise pro­
ject elements for self­sustenance.
The recommended alternative is
open­source agile execution, lever­
aging the principle that the “cumu­
lative  knowledge  and  experience
within  the  external  eco­system  is
significantly  broader  and  deeper
than  what  any  organisation  can
hold  within”.  Leveraging  the  col­
lective  agricultural  ecosystem  for
national  benefit  through  a  gov­
ernance  mechanism  yields  im­
proved quality, scale and speed, of­
ten at lower costs. 
Aarogya  Setu  demonstrated  the
efficacy of agile co­creation, it may
not be perfect, but the rollout speed
was  impossible  with  a  traditional
approach. UPI is another example.
In conclusion, while Indian agri­
culture  faces  complex  challenges,
diverse  innovative  solutions  are
available.  A  greater  political  will­
ingness to confront challenges hol­
istically, working across stakehold­
ers, can help achieve results.
The writer is former Chief Digital
Officer, IBM India and Chief
Catalyzer, The Agri Collaboratory

SHORT TAKE
BusinessLine
Hong Kong goods TWENTY YEARS AGO TODAY
for export to US August 12, 2000
to be labelled RBI signals forex booster
‘Made in China’ The RBI today signalled its intention to bolster foreign
exchange reserves, used recently for intervention in the
market, by directing corporates to bring back the unutilised
KANISHKA SINGH proceeds of their ADHs and GDRs. Among the other tools
which may be used for easing the pressure on the local

G oods  made  in  Hong  Kong

for  export  to  the  US will
need  to  be  labelled  as  ‘Made
in  China’  after  September  25,
according  to  a  U.S.  govern­
ment  notice  posted  on
Tuesday.
The  move  follows  China’s
imposition  of  a  national  se­
curity law in Hong Kong and a
US decision to end the former
British  colony’s  special  status
under  American  law,  escalat­
ing  bilateral  tensions  that
were already rising over trade
war  tariffs  and  the  handling
of the coronavirus outbreak.
The latest step will see Hong
Kong  companies  subject  to
the  same  trade  war  tariffs
levied  on  mainland  Chinese
exporters,  should  they  make
products  subject  to  these  du­
ties,  according  to  the  US  Cus­
toms  and  Border  Protection
notice.
It  said  that  45  days  after  its
publication,  goods  “must  be
marked  to  indicate  that  their
origin is ‘China’”.
The step was taken after the
US determined  that  Hong
Kong is “no longer sufficiently
autonomous  to  justify  differ­
ential treatment in relation to
China”.
Trump has made tough talk
against  China  a  feature  of  his
campaign  for  re­election  in
November.
The  US  last  Friday  imposed
sanctions on Hong Kong Chief
Executive  Carrie  Lam  and  the
city’s  current  and  former  po­
lice chiefs, who stand accused
of  curtailing  political
freedoms  in  the  former  Brit­
ish colony.
In  retaliation,  China  im­
posed  sanctions  on  11  US  cit­
izens,  including  lawmakers
from  Trump’s  Republican
Party, on Monday.
US  Treasury  Secretary
Steven  Mnuchin  had  said  on
Monday  that  companies  from
China  and  other  countries
that  do  not  comply  with  the
US  accounting  standards  will
be  delisted  from  American
stock exchanges from the end
of 2021.  REUTERS
currency, which breached the Rs. 46­mark today, is by
directing companies to bring in funds parked in the Exchange
Earners Foreign Currency Account (EEFC). The RBI is
examining the pros and cons of this. 
Microsoft in and out of MRTPC net
Does the software giant, Microsoft Corporation, face charges
of monopolistic and restrictive trade practices in India and is
likely to be dragged into a legal battle just as it finds itself in
the US? Well, the Government's Press Information Bureau (PIB)
believes so, if one were to go by the statement that it issued
early on Friday, only to eat its own words late in the evening. A
PIB statement issued earlier during the day stated that the
Director General of Investigation and Registration (DGI&R) of
the Monopolies and Restrictive Trade Practices Commission
(MRTPC) has recommended action by the MRTP Commission
against Microsoft Corp. (India) Pvt. Ltd., New Delhi.
Reliance brings back entire proceeds
Reliance Industries Ltd, which had parked close to $ 1.3 billions
of its external commercial borrowings abroad over the last
few years, has brought back almost the entire proceeds into
the country, following a directive from the Government and
the Reserve Bank of India. The company, which had earlier
been given approval to retain the funds abroad, until the
actual capital expenditure or import of capital equipment
takes place was told to bring back the funds early last year. 
easy bl two-way crossword 1577 not so easy
ACROSS DOWN ACROSS DOWN
01. More than a little; of some 02. Extravagant, beyond what is 01. Think skilled enough to be of 02. Extravagant, old ­­ true form of
importance (12)  proper (5)  some importance (12)  it (5) 
08. Cut down on expenses (8)  03. Puddings; confectionery (6)  08. Cut down on tree distribution 03. Confectionery you and I are
09. N Briton; tax (4)  04. Easily managed (6)  in ranch after a loss (8)  given in collections (6) 
11. Watchful (5)  05. For the reason that (7)  09. Customary tax for one North 04. Tame party upset by lice (6) 
12. Varnish; hair spray (7)  06. Swingeing, over­demanding of the Border (4)  05. The reason to be? Roughly,
13. To charter (4)  (12)  11. On the qui vive with the French employment! (7) 
15. Persian fairy (4)  07. Astonishing, astounding (12)  in painting (5)  06. Demanding too much tax i.e.,
19. Hide to escape the law (7)  10. Division of play (3)  12. Sort of varnish in equal parts rotten to get nothing in
20. Embellish, deck (5)  14. Refractory, uneasy (7)  with credit (7)  exchange (12) 
13. Charter one in her form of it (4)  07. Astounding that it should be
22. Part of eye (4)  16. Carton (3) 
23. Without current; foul (8)  17. Paper boss (6)  15. Beautiful fairy going around as upset in busting it (12) 
24. UK : this and Northern Ireland 18. Was a teacher (6)  a prefix (4)  10. Behave after cruel training
(5,7)  21. Central African animal (5) 19. Run away and hide company in starts (3) 
mixed bands (7)  14. Uneasy at the way I've got to go
20. Deck one out with a party the after the others (7) 
Navy has to follow (5)  16. Fight for seats at the theatre
22. Right one is about to flower (4)  (3) 
SOLUTION: BL Two-way Crossword 1576
23. Foul and unwholesome tang 17. Top journo got it in and rode
ACROSS 01. Relief 08. Plane 09. Canvass 11. Scornful 12. Devil may have an entry in the around (6) 
15. Pore 16. Opt 17. Idea 19. Blown 21. Stannary 24. Earnest 25. Chair street (8)  18. Instructed to be tense, by the
26. Larder  24. Country with a bitter grain sound of it (6) 
DOWN 02. Evade 03. Invoiced 04. Fuss 05. Spire 06. Calf 07. Fell output (5,7)  21. Half look at a sanctimonious
10. Scripture 12. Dupe 13. Milliner 14. Wain 18. Snort 20. Waste  creature (5)
21. Sock 22. Adam 23. Yawl

CM .. .... .. . ...
YK

6 MARKET RADAR
QUICKLY
Sensex shines as HDFC twins sparkle  firms and analysts have taken a di­
Mumbai, August 11
The BSE Sensex closed in the green for the
fourth straight session on Tuesday, propelled
by HDFC twins and Reliance, amid robust gains
in global equities. A strengthening rupee,
encouraging quarterly results and persistent
foreign fund inflows further bolstered market
sentiment, traders said. After touching a high
of 38,556.27, the 30­share BSE Sensex pared
some gains to end 224.93 points or 0.59 per
cent higher at 38,407.01.Axis Bank was the top
gainer, rallying 3.96 per cent, followed by
IndusInd Bank, ITC, HDFC Bank, Tata Steel, HDFC,
ICICI Bank and Reliance Industries. HDFC twins
and RIL accounted for over half of the Sensex’s
gains. Titan, Bharti Airtel, HCL Tech and ONGC
were among the laggards. PTI
Minda Ind fixes rights issue at ₹250
Chennai, August 11
The board of directors of Minda Industries on
Tuesday approved the rights issue price as
₹250 a share and entitlement ratio as one
equity share for every 27 held. Earlier, Minda
Industries' board on June 29 had approved
rights issue worth ₹250 crore. The company
will issue one crore shares through the rights
offer and has fixed August 17 as record date
to identify eligible shareholders. The issue
will open on August 25 and end on,
September 8, 2020. Last date for renunciation
of rights entitlement is September 3. Shares
of Minda Industries trade fell marginally to
₹280.65 on the BSE.  OUR BUREAU  members  engaged  in  the  retail
StAR MF logs ₹653 cr equity inflow  between the BSE and physical mar­
Mumbai, August 11
Notwithstanding the sharp outflow from
equity funds, BSE StAR MF platform has
registered a net inflow of ₹653 crore in July. The
MF industry has logged an outflow of ₹2,480
crore in equity schemes last month. However,
equity inflow through the platform was down
64 per cent last month when compared to
₹1,882 crore registered in June. Overall net
inflow through the platform was at ₹6,637
crore, which was 7 per cent of the industry
inflow of ₹89,813 crore. The online platform
had registered 3.07 lakh new SIPs worth ₹76
crore in July taking its overall SIP OUR BUREAU
BROKER’S CALL
ANAND RATHI
JK Lakshmi Cement (Buy)
Target: ₹380
CMP: ₹282.50
The lockdown hit JK Lakshmi’s Q1
performance. Its revenue/ EBITDA/PAT fell
21 per cent , 15.6 per cent and 36 per cent
respectively. The high Covid­impacted
West and frequent local lockdowns in the
East pushed cement volumes down 18 per
cent y­o­y.  Bharti Air [5] . . . . . . . . . . . . . . . . . . .. . . . . . 558.85. . . . . . 551.10. . . . . . 558.00. . . . . . 560.50. . . . . . 550.20. . . . . 8137.95. . . . . . 611.70. . . . . . 325.60. . . . . -. . . . . . 551.25
The management’s focus on de­levering
continues; it is keeping on hold its
expansion in the North. The East and West
continue to suffer from cities being
locked down; pockets in the North are
also locked down. The migrant labour
issue resolution, firm prices, rising
institutional demand, fixed­cost savings
and the 10MW WHRS at Sirohi will help its
performance.  ied  by  above  average  volume,
The management is still keeping its
proposed 2.5 mt capacity expansion in the
North on hold.  strengthened the medium term
The ramping­up of its Cuttack GU suffered
from the lockdown. Gross debt
(standalone) was ₹1,500 crore as against
₹120 crore debt, the company availed of
the moratorium, and talked about
repaying ₹200 crore debt each in FY21 and
FY22.  initiated with a tight stop­loss if the
We retain our Buy call, with a ₹370 target
(₹325 earlier).
ICICI SECURITIES
Balrampur Chini (Buy)
Target: ₹190
CMP: ₹142.05
Balrampur Chini (BCML) reported a strong
set of numbers with revenue growth of 50.8
per cent, driven by 60 per cent growth in
sugar & distillery sales.  Lupin [2] . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 957.95. . . . . . 957.50. . . . . . 964.70. . . . . . 969.55. . . . . . 945.00. . . . . 6023.05. . . . . . 977.70. . . . . . 505.00. . . . . 34. . . . . . 957.95
The growth in sugar sales was led by 62 per
cent jump in volumes due to higher
domestic sales quota and exports. The
robust growth in distillery sales was driven
by 39.1 per cent growth in volumes aided by
new capacity and 15.9 per cent increase in
realisation (due to higher proportion of B
heavy ethanol). Power revenues were down
13.5 per cent with significant decline in
volumes as company preferred to sell
bagasse given significant reduction in
power tariff last year.  ₹2134 • Reliance Ind.
BCML is the most efficient sugar company
with sustainable earnings and strong cash
flows.  positions with a tight stop­loss only
The company has optimum distillery
capacity to divert 65 per cent of its
sugarcane to produce B heavy ethanol. This
would result in sufficient sacrifice of sugar
to keep inventory at comfortable levels (one
to two moths) before the season starts.  Tata Motors [2] . . . . . . . . . . . . . . . .. . . . . . 123.85. . . . . . 122.30. . . . . . 125.00. . . . . . 125.80. . . . . . 121.40. . . . 50225.18. . . . . . 201.80. . . . . . . 63.60. . . . . -. . . . . . 122.30
We estimate the company would generate
₹697 crore and ₹787 crore operating cash
flow in FY21 and FY22, respectively. We value
the stock 1.5x FY21E price to book with a
revised target price of ₹190/share.
BusinessLine is not responsible for the recommendations
sourced from third party brokerages. Reports may be sent
to: blmarketwatch@gmail.com
CM
YK
Titan glitters for domestic brokerages, but
foreign advisers would rather wait and watch
Stock tumbles 5% 61.2  per  cent  to  ₹2,020  crore
(₹5,208 crore).  ₹1,100), said.
after Q1 results The stock recovered partially to
end  at  ₹1,066.50,  down  3.73  per
OUR BUREAU cent over the previous day's close.
Chennai, August 11 Goldman  Sachs,  which  main­
Foreign  and  domestic  broking tained a ‘Sell’ on the stock and a
target  price  of  ₹705,  said  discre­
vergent view on the stock of Titan tionary purchases will remain un­
Company Ltd after the company’s der  pressure.  Similarly,  Morgan
rather dull first quarter numbers. Stanley  too  went  ‘underweight’
While Goldman Sachs and Mor­ on the stock with a target price of
gan  Stanley  remain  negative  on ₹807.  “The  Q1  earnings  were
Titan,  most  analysts  working  for weaker than consensus estimates
domestic  broking  firms  remain and the macro and business head­
positive on the stock. winds  will  likely  outweigh  mar­
Shares  of  the  company  de­ ket share gain,” it said and added
clined 5.3 per cent in early trade that  full­fledged  demand  recov­
on  Tuesday  at  ₹1,050.20  on  the ery will remain elusive in FY­2021.
BSE, after the firm reported a con­ However,  for  domestic  broker­
solidated net loss of ₹297 crore for ages such as Motilal Oswal Finan­
the  June  quarter,  impacted  by cial,  ICICI  Securities,  Emkay
lower income due to the Covid­19 Global  Financial  and  Sharekhan,
pandemic. Total income declined it's either buy or hold.
BSE signs MoU with bullion
trade bodies based in Akola
OUR BUREAU
Mumbai, August 11
The  BSE  has  signed  a  Memor­
andum  of  Understanding  with
Maharashtra­based  bullion  trade
and  industry  associations,  Akola
Sarafa  Association  and  Akola
Sarafa Va Suvarnakar Yuva Sangh.
The  associations  represent
sale and trade of bullion. The MoU
aims  to  facilitate  cooperation ellers  to  face  a  volatile  market
would  also  be  provided.  The  ‘op­
kets represented by the two trade tions in goods’ contract offered by
bodies in areas such as knowledge the BSE is beneficial for jewellers
sharing,  education  and  training, and bullion dealers, who can now
events  and  explore  areas  of  mu­ not only hedge their price risk but
tual interests. also avail themselves of the deliv­
The  BSE  aims  to  organise  sem­ ery  of  gold  on  expiry  of  the
inars and awareness programmes contract.
on price­risk management for bul­ Sameer Patil, CBO, BSE, said join­
lion  traders  and  jewellers,  and ing hands with associations from
help  them  move  to  more  organ­ Akola creates a deep physical net­
ised forms of trading. Awareness work needed for bullion trade and
about effective hedging tools such adds  transparency  to  the  do­
as derivatives contracts, especially mestic  bullion  derivatives  mar­
‘options  in  goods’  to  enable  jew­ kets.  ives market.
TODAY'S PICK
Tamil Nadu Newsprint & Papers (₹118.8): Buy 
YOGANAND D uptrend.  The  daily  relative
BL Research Bureau
Investors with a short­term per­
strength  index  has  entered  the
bullish zone from the neutral re­
spective can buy the Tamil Nadu gion and the weekly RSI is chart­
Newsprint  &  Papers  at  current ing higher in the neutral region.
levels.  The  stock  has  been  in  a Both  the  daily  as  well  as  the
medium­term  uptrend  since  it weekly  price  rate  of  change  in­
took  support  at  around  ₹87  in dicators are hovering in the pos­
early May this year. But the stock itive terrain implying buying in­
had  encountered  a  key  resist­ terest. The short­term outlook is
ance at ₹120 in late June and star­ positively  biased  and  the  stock
ted  to  move  sideways  in  a  nar­ has potential to trend upwards
row  band  between  ₹110  and exceeding the immediate resist­
₹120. Recently, the stock reverses ance  at  ₹120.  Such  a  break­
higher  taking  support  at  ₹110 through  can  push  the  stock
and  the  trend  is  positively northwards to the price targets
biased. On Tuesday, the stock had of ₹124 and ₹126 in the coming
jumped 3.9 per cent accompan­ trading sessions. Traders can buy
the stock with a stop­loss at ₹116.
breaching its 21­ and 50­day mov­ (Note:  The  recommendations
ing  averages.  This  rally  has are based on technical analysis.
There is a risk of loss in trading.)
DAY TRADING GUIDE
11344 • Nifty 50 Futures
S1 S2 R1 R2 COMMENT
11290 11230 11400 11450 Fresh long positions can buy
contract rebounds up 11,290 levels
₹1067 • HDFC Bank
S1 S2 R1 R2 COMMENT
1055 1040 1080 1094 Fresh long positions can buy
initiated with a stiff stop­loss if the
stock moves beyond ₹1,080 levels
₹948 • Infosys
S1 S2 R1 R2 COMMENT
940 930 960 970 Consider initiating fresh short
positions with a tight stop­loss only
if the stock falls below ₹940 levels
₹203 • ITC
S1 S2 R1 R2 COMMENT
200 197 206 209 Near­term outlook is bullish for the
stock of ITC. Make use of dips to buy
it with a stiff stop­loss at ₹200 levels
₹78 • ONGC
S1 S2 R1 R2 COMMENT
75 72 80 83 Fresh positions are recommended
with a fixed stop­loss only if the
stock of ONGC rallies above ₹80
levels
S1 S2 R1 R2 COMMENT
2115 2090 2150 2170 Consider initiating fresh long
if the stock advances above ₹2,150
levels
₹195 • SBI
S1 S2 R1 R2 COMMENT
189 184 201 207 Make use of intra­day dips to buy
the stock of SBI while maintaining
a tight stop­loss at ₹189 levels
₹2279 • TCS
S1 S2 R1 R2 COMMENT
2255 2230 2300 2325 Initiate fresh short positions with a
stiff stop­loss if the stock of TCS
fails to rally above ₹2,300 levels
S1, S2: Support 1 & 2; R1, R2: Resistance 1 & 2.  analysis. There is a risk of loss in trading.
CHENNAI
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the QR code or click the link 
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BusinessLine 
WEDNESDAY • AUGUST 12 • 2020
PVR’s rights issue
subscribed 2.24x
OUR BUREAU
New Delhi, August 11
PVR Ltd has completed its ₹300
crore  rights  issue,  which  was
vised price target of ₹1,215 (earlier subscribed  by  2.24  times,  at  a
time when cinemas remain shut
TItan is ‘Hold' for ICICI Securit­ due to Covid­19. The rights issue
ies with a target price of ₹1,108. I­ that  opened  for  subscription
Sec believes consumers will start between  July  17  and  July  31  re­
accepting the high gold price and ceived  applications  for  85  lakh
that could support volumes over shares, worth ₹672 crore. The of­
the  rest  of  FY21.  Secondly,  the fer size was ₹300 crore at ₹784 a
₹600­crore one­off bullion sale (4 share, PVR said.
per  cent  of  FY21  jewellery  reven­ Promoters,  Ajay  Bijli  and  San­
ues) indicates the ‘lost sales’. The jeev  Kumar,  applied  for  shares
long­term formalisation and mar­ more  than  their  entitlement  in
For Motilal, Titan is a buy with a covery in jewellery retail sales has ket share gains narrative remains. the rights issue, which saw parti­
target  price  of  ₹1,300.  Titan been  very  strong,  similar  to However,  ‘introduction  of  fixed cipation  from  shareholders
stands to gain from a favourable trends  witnessed  after  previous making  charges,  even  though  a across investor categories, it  ad­
regulatory  and  operating  envir­ disruptions, and may continue to small  proportion  currently,  is ded.  Ajay  Bijli,  Chairman  and
onment  for  organised  players surprise.  something  that  we  will  watch MD, said: “The vote of confidence
and the ongoing travails of unor­ Pent­up demand and pre­pone­ carefully,’ it added. in the rights issue is a validation
ganised/organised  peers  in  the ment  of  wedding  demand  have Sharekhan also retained its buy of our vision and work,especially
Covid  and  post­Covid  period, helped  July  sales.  “While  these rating  with  a  target  price  of during these trying times.”
which  will  likely  lead  to  acceler­ may reverse, increasing normalcy ₹1,200, as it expects gain in mar­ PVR  currently  operates  a
ated shutdown of several players, will  drive  sequential  improve­ ket  share,  people  shifting  to  a cinema  circuit  comprising  of
it said. ment, in our view,”’ Emkay, which trusted  brand  and  a  relatively 845 screens at 176 properties in 71
According to Emkay Global, re­ maintained a buy stance with a re­ stable balance sheet. cities in India and Sri Lanka. 
Mahindra Manulife Front­running unearthed at Only complaints
launches new on SCORES will
arbitrage fund Reliance Sec; SEBI bars 27  be taken up: SEBI
OUR BUREAU between  various  entities  under
OUR BUREAU  Mumbai, August 11 its scanner in the matter. OUR BUREAU
Mumbai, August 11 SEBI  has  barred  27  entities  con­ “The order by the alleged front Mumbai, August 11
Mahindra  Manulife  Mutual nected  to  dealers  of  Reliance  Se­ runner was placed (directly or in­ SEBI has said that it will only deal
Fund  has  launched  an  open curities  (RSL)  for  front  running. directly) in advance of the big cli­ with complaints that it receives on
ended  arbitrage  opportunities SEBI said it had unearthed a ma­ ent order, while in possession of SCORES  (SEBI  Complaints  Redress
fund.  The  new  fund  offer  of jor front running case by some in­ the non­public information. It is System). The regulator said it wants
Mahindra  Manulife  Arbitrage dividual RSL dealers and entities prima facie found  that  Harshal to  discourage  people  from  simply
Yojana will be open between Au­ linked to them, who were playing Vira,  Bhavesh  Gandhi  and  Ab­ emailing their complaints on SEBI’s
gust 12 and 19.  on prior access to buy and sell or­ hijeet  Jain  were  privy  to  the  in­ general id.
The  fund  is  suitable  for  in­ ders  by  Tata  Absolute  Return formation with respect to the im­ “It is brought to notice of public
vestors  who  are  looking  for Fund. pending  orders  of  the  big  client that  the  competent  authority  has
short­term  investment  options SEBI’s internal surveillance sys­ as they were the dealers (at RSL).” now  decided  that  complaints
with relatively low risk, tax effi­ tem­generated  front  running SEBI  found  that  Meena  Ram­ against listed companies, registered
cient  returns and  looking  to alerts  against  one  Meena  Ram­ nilal Vira was the mother of Har­ intermediaries  and  recognized
park  money  in  a  scheme  relat­ nilal  Vira  in  December  2019  and shal  Vira,  a  dealer  at  RSL  and  all market  infrastructure  institutions
ively  less  impacted  by  market January 2020 for suspected front the other entities who were front sent on sebi@sebi.gov.in or on any
volatility. The fund will invest in running. These alerts referred to running too were connected. official ID of SEBI officers will not be
arbitrage  position  between suspected front running of trades SEBI found that the trading pat­ processed. All investors are urged to
cash and futures trading on ex­ of  Tata  Absolute  Return  Fund,  a tern  showed  deployment  of  BBS lodge  their  complaint  directly  on
changes,  invest  in  basket  of scheme of Tata Alternative Invest­ (Buy­Buy­Sell)  and  SSB  (Sell­Sell­ SCORES themselves,” SEBI said.
stocks  and  short  the  corres­ ment  Fund.  SEBI  followed  it  up Buy) strategies, the typical modes So far, SEBI officials use to update
ponding  futures  against  it,  or with examination of KYC details, of front running. the email complaints on its SCORES
derive higher returns from the call  data  records,  social  media SEBI has barred all the 27 entit­ platform, which has been in exist­
implied  cost  of  carry  between posts  and  Facebook  connections ies from markets  till further dir­ ence for nearly 9 years now. SEBI has
the underlying and the derivat­ of the suspected individuals and ections.  The  regulator  is  now also  launched  the  SCORES  Mobile
entities  to  probe  relationships studying their assets. application on March 5, 2020. 
THE  TOP  100
Company Prev Close Open High Low Qty 52 W High 52 W Low PE BSE Close COMMODITY CALL
AbbottIndia . . . . . . . . . . . . . . . . . . . .. . . . 16973.30. . . . 16618.65. . . . 17005.00. . . . 17200.00. . . . 16500.00. . . . . . . 19.11. . . . 18569.00. . . . . 8577.00. . . . . 54. . . . 16641.00
ACC . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 1400.25. . . . . 1412.55. . . . . 1411.40. . . . . 1434.95. . . . . 1400.10. . . . . 1072.95. . . . . 1707.70. . . . . . 895.50. . . . . 23. . . . . 1411.00
Adani Ports [2] . . . . . . . . . . . . . . . .. . . . . . 331.30. . . . . . 335.00. . . . . . 333.50. . . . . . 336.75. . . . . . 330.70. . . . . 3504.78. . . . . . 428.95. . . . . . 203.40. . . . . 36. . . . . . 334.85
AdaniTranmsn. . . . . . . . . . . . . . . . . .. . . . . . 254.75. . . . . . 249.40. . . . . . 255.85. . . . . . 257.65. . . . . . 247.40. . . . . . 223.59. . . . . . 365.80. . . . . . 147.50. . . . . -. . . . . . 249.30
AmbujaCement [2]. . . . . . . . . . . . . .. . . . . . 221.85. . . . . . 222.75. . . . . . 222.85. . . . . . 229.25. . . . . . 221.35. . . . . 6916.44. . . . . . 229.25. . . . . . 136.65. . . . . 29. . . . . . 222.65
MCX­Natural gas
Asian Paints [1] . . . . . . . . . . . . . . . .. . . . . 1782.35. . . . . 1789.55. . . . . 1800.00. . . . . 1837.80. . . . . 1780.00. . . . . 3039.96. . . . . 1915.90. . . . . 1431.85. . . . . 75. . . . . 1789.55
Aurobindo Phr [1] . . . . . . . . . . . . . .. . . . . . 948.85. . . . . . 944.80. . . . . . 960.00. . . . . . 964.65. . . . . . 932.10. . . . . 5178.96. . . . . . 967.60. . . . . . 281.15. . . . . 30. . . . . . 944.75
AvenuSupmart . . . . . . . . . . . . . . . . .. . . . . 2116.50. . . . . 2131.95. . . . . 2120.00. . . . . 2143.15. . . . . 2110.35. . . . . . 461.47. . . . . 2559.00. . . . . 1453.00. . . . 130. . . . . 2132.90
Buy above ₹170
Axis Bank [2]. . . . . . . . . . . . . . . . . . .. . . . . . 431.10. . . . . . 448.00. . . . . . 435.30. . . . . . 449.90. . . . . . 435.30. . . . 30469.68. . . . . . 765.90. . . . . . 285.00. . . . . 92. . . . . . 448.00
Bajaj Auto . . . . . . . . . . . . . . . . . . . . .. . . . . 2993.80. . . . . 3007.45. . . . . 3020.80. . . . . 3060.00. . . . . 2995.75. . . . . . 696.79. . . . . 3315.00. . . . . 1793.10. . . . . 19. . . . . 3004.85
Bajaj Hld. . . . . . . . . . . . . . . . . . . . . . .. . . . . 2708.00. . . . . 2725.65. . . . . 2718.00. . . . . 2752.00. . . . . 2714.85. . . . . . . 17.60. . . . . 3949.35. . . . . 1471.85. . . . . 16. . . . . 2722.55
BajajFin [2]. . . . . . . . . . . . . . . . . . . . .. . . . . 3442.95. . . . . 3457.40. . . . . 3462.30. . . . . 3494.55. . . . . 3404.70. . . . . 5571.90. . . . . 4923.20. . . . . 1783.10. . . . . 45. . . . . 3456.65
BajajFinserv [5]. . . . . . . . . . . . . . . . .. . . . . 6402.80. . . . . 6440.35. . . . . 6450.00. . . . . 6496.00. . . . . 6391.00. . . . . . 430.94. . . . 10297.00. . . . . 3985.60. . . . 154. . . . . 6441.05
BandhanBank . . . . . . . . . . . . . . . . . .. . . . . . 301.40. . . . . . 300.60. . . . . . 304.35. . . . . . 304.35. . . . . . 294.00. . . . 39908.49. . . . . . 650.00. . . . . . 152.35. . . . . 18. . . . . . 300.55
BergrPaintIn [1] . . . . . . . . . . . . . . . .. . . . . . 551.45. . . . . . 547.35. . . . . . 552.00. . . . . . 560.50. . . . . . 545.40. . . . . 2063.05. . . . . . 597.45. . . . . . 355.90. . . . . 76. . . . . . 547.85
BharInfratel . . . . . . . . . . . . . . . . . . . .. . . . . . 197.00. . . . . . 194.30. . . . . . 198.40. . . . . . 199.00. . . . . . 192.25. . . . . 4707.55. . . . . . 295.75. . . . . . 121.25. . . . . 17. . . . . . 194.30
Biocon [5]. . . . . . . . . . . . . . . . . . . . . .. . . . . . 412.45. . . . . . 407.55. . . . . . 415.00. . . . . . 417.00. . . . . . 406.30. . . . . 5384.76. . . . . . 455.00. . . . . . 211.30. . . . 139. . . . . . 407.20
Bk ofBar [2]. . . . . . . . . . . . . . . . . . . .. . . . . . . 48.55. . . . . . . 47.10. . . . . . . 47.00. . . . . . . 48.40. . . . . . . 46.70. . . . 36466.17. . . . . . 108.25. . . . . . . 36.05. . . . . -. . . . . . . 47.10
Bosch . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 13592.00. . . . 13262.55. . . . 13719.50. . . . 13814.80. . . . 13112.00. . . . . . . 88.88. . . . 17136.60. . . . . 7874.00. . . . . 78. . . . 13260.95
BPCL . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 415.15. . . . . . 429.25. . . . . . 417.00. . . . . . 433.00. . . . . . 415.60. . . . 12767.30. . . . . . 549.70. . . . . . 252.00. . . . . 26. . . . . . 429.25
Britannia [1] . . . . . . . . . . . . . . . . . . .. . . . . 3942.80. . . . . 3879.55. . . . . 3950.00. . . . . 3970.00. . . . . 3865.00. . . . . . 422.06. . . . . 4015.00. . . . . 2100.55. . . . . 54. . . . . 3879.15
Cadila HC [1] . . . . . . . . . . . . . . . . . .. . . . . . 405.15. . . . . . 394.75. . . . . . 407.10. . . . . . 408.60. . . . . . 393.00. . . . . 3349.44. . . . . . 411.60. . . . . . 206.45. . . . . 20. . . . . . 394.90
Cipla [2] . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 795.60. . . . . . 778.00. . . . . . 801.10. . . . . . 801.85. . . . . . 768.75. . . . 14861.53. . . . . . 814.45. . . . . . 356.75. . . . . 28. . . . . . 778.70
Coal India . . . . . . . . . . . . . . . . . . . . .. . . . . . 129.25. . . . . . 130.10. . . . . . 130.15. . . . . . 131.00. . . . . . 129.70. . . . . 5668.35. . . . . . 217.90. . . . . . 119.25. . . . . . 7. . . . . . 130.05
Colgate [1]. . . . . . . . . . . . . . . . . . . . .. . . . . 1447.85. . . . . 1449.25. . . . . 1455.00. . . . . 1486.45. . . . . 1440.75. . . . . . 999.73. . . . . 1641.00. . . . . 1065.20. . . . . 47. . . . . 1447.50
Concor [5] . . . . . . . . . . . . . . . . . . . . .. . . . . . 386.40. . . . . . 377.30. . . . . . 389.50. . . . . . 392.00. . . . . . 376.00. . . . . 6722.94. . . . . . 665.05. . . . . . 263.20. . . . . 22. . . . . . 377.25
Dabur [1] . . . . . . . . . . . . . . . . . . . . . .. . . . . . 508.55. . . . . . 513.15. . . . . . 510.00. . . . . . 524.60. . . . . . 510.00. . . . . 5206.55. . . . . . 528.00. . . . . . 385.05. . . . . 72. . . . . . 513.15
Divis Lab [2] . . . . . . . . . . . . . . . . . . .. . . . . 3117.80. . . . . 3131.45. . . . . 3139.95. . . . . 3168.75. . . . . 3087.00. . . . . 2731.08. . . . . 3228.05. . . . . 1466.95. . . . . 52. . . . . 3135.75
DLF Ltd [2]. . . . . . . . . . . . . . . . . . . . .. . . . . . 148.65. . . . . . 146.55. . . . . . 149.00. . . . . . 150.40. . . . . . 145.80. . . . . 6255.64. . . . . . 266.65. . . . . . 114.50. . . . . -. . . . . . 146.45
Dr Reddy [5] . . . . . . . . . . . . . . . . . . .. . . . . 4690.90. . . . . 4595.90. . . . . 4715.05. . . . . 4738.55. . . . . 4565.00. . . . . 1291.54. . . . . 4754.30. . . . . 2352.00. . . . . 23. . . . . 4595.45
Eicher Motor . . . . . . . . . . . . . . . . . . .. . . . 21353.10. . . . 21442.65. . . . 21580.00. . . . 21670.00. . . . 21250.00. . . . . . 161.91. . . . 23427.75. . . . 12460.00. . . . . 31. . . . 21435.75
GAIL. . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . 97.05. . . . . . . 97.30. . . . . . . 97.30. . . . . . . 98.80. . . . . . . 97.00. . . . . 9140.94. . . . . . 148.10. . . . . . . 65.70. . . . . . 7. . . . . . . 97.30
GenInsurCorp [5] . . . . . . . . . . . . . . .. . . . . . 149.50. . . . . . 146.90. . . . . . 151.40. . . . . . 151.60. . . . . . 144.85. . . . . . 358.38. . . . . . 333.85. . . . . . . 81.70. . . . . -. . . . . . 147.60
Godrej Cons [1] . . . . . . . . . . . . . . . .. . . . . . 682.00. . . . . . 687.80. . . . . . 683.90. . . . . . 695.95. . . . . . 680.85. . . . . . 672.21. . . . . . 771.75. . . . . . 425.10. . . . . 58. . . . . . 687.35
AKHIL NALLAMUTHU
Grasim [2] . . . . . . . . . . . . . . . . . . . . .. . . . . . 634.05. . . . . . 624.25. . . . . . 635.00. . . . . . 640.95. . . . . . 619.05. . . . . 2061.53. . . . . . 836.55. . . . . . 380.00. . . . . 27. . . . . . 624.20
BL Research Bureau
HavellsIndia [1]. . . . . . . . . . . . . . . . .. . . . . . 611.80. . . . . . 605.90. . . . . . 617.75. . . . . . 620.90. . . . . . 604.05. . . . . 2370.19. . . . . . 765.10. . . . . . 447.20. . . . . 61. . . . . . 605.75
HCL Tech [2] . . . . . . . . . . . . . . . . . . .. . . . . . 692.05. . . . . . 683.80. . . . . . 694.00. . . . . . 700.95. . . . . . 681.50. . . . . 3956.47. . . . . . 717.95. . . . . . 375.50. . . . . 20. . . . . . 683.55 The August futures contract of natural gas on
HDFC [2]. . . . . . . . . . . . . . . . . . . . . . .. . . . . 1798.95. . . . . 1826.75. . . . . 1813.00. . . . . 1846.75. . . . . 1810.50. . . . . 4944.31. . . . . 2499.65. . . . . 1473.10. . . . . 18. . . . . 1825.35
Multi Commodity Exchange (MCX) witnessed a
HDFC AMC [5] . . . . . . . . . . . . . . . . .. . . . . 2363.90. . . . . 2342.20. . . . . 2361.30. . . . . 2378.00. . . . . 2337.00. . . . . . 423.45. . . . . 3844.00. . . . . 1963.60. . . . . 39. . . . . 2344.15
HDFC Bank [1] . . . . . . . . . . . . . . . . .. . . . . 1050.65. . . . . 1066.65. . . . . 1048.50. . . . . 1071.00. . . . . 1048.50. . . . 10068.15. . . . . 1304.10. . . . . . 738.90. . . . . 21. . . . . 1067.60 strong rebound from the 21­day moving average
HDFCFE INS CO . . . . . . . . . . . . . . . .. . . . . . 608.85. . . . . . 608.75. . . . . . 609.85. . . . . . 613.90. . . . . . 606.10. . . . . 1539.73. . . . . . 647.50. . . . . . 339.15. . . . . 93. . . . . . 608.50
HeroMoto [2]. . . . . . . . . . . . . . . . . . .. . . . . 2702.15. . . . . 2712.85. . . . . 2725.00. . . . . 2775.00. . . . . 2704.00. . . . . 1617.22. . . . . 3021.15. . . . . 1475.00. . . . . 18. . . . . 2712.90
last  week.  The  rally  resulted  in  the  contract
Hind.Znc [2]. . . . . . . . . . . . . . . . . . . .. . . . . . 243.15. . . . . . 246.80. . . . . . 246.00. . . . . . 258.95. . . . . . 243.30. . . . . 4932.76. . . . . . 258.80. . . . . . 122.00. . . . . 16. . . . . . 246.85 breaching  the  important  resistance  of  ₹150,
Hindalco [1] . . . . . . . . . . . . . . . . . . . .. . . . . . 178.60. . . . . . 178.95. . . . . . 180.00. . . . . . 186.60. . . . . . 178.00. . . . 30405.57. . . . . . 221.20. . . . . . . 85.05. . . . . 61. . . . . . 178.85 which had been acting as a roadblock for the
HPCL . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 215.25. . . . . . 215.25. . . . . . 216.00. . . . . . 219.30. . . . . . 213.50. . . . . 8498.11. . . . . . 329.25. . . . . . 155.00. . . . . . 6. . . . . . 215.10
HUL [1] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 2206.75. . . . . 2210.65. . . . . 2209.05. . . . . 2233.00. . . . . 2206.00. . . . . 1665.20. . . . . 2614.00. . . . . 1756.00. . . . . 73. . . . . 2210.50
bulls since the beginning of June. A breakout of
ICICI Bank [2] . . . . . . . . . . . . . . . . . .. . . . . . 363.55. . . . . . 367.35. . . . . . 370.00. . . . . . 374.30. . . . . . 364.05. . . . 45446.76. . . . . . 552.40. . . . . . 269.00. . . . . 28. . . . . . 367.40 this level has turned the outlook positive for the
ICICILombGIC . . . . . . . . . . . . . . . . . .. . . . . 1382.55. . . . . 1348.90. . . . . 1390.00. . . . . 1406.35. . . . . 1335.00. . . . . . 370.52. . . . . 1439.90. . . . . . 805.60. . . . . 48. . . . . 1348.10
contract.
IndraprsGas [2]. . . . . . . . . . . . . . . . .. . . . . . 389.00. . . . . . 389.30. . . . . . 392.00. . . . . . 394.50. . . . . . 387.30. . . . . 2341.90. . . . . . 534.40. . . . . . 284.55. . . . . 24. . . . . . 389.40
IndusInd BK. . . . . . . . . . . . . . . . . . . .. . . . . . 509.35. . . . . . 522.00. . . . . . 511.00. . . . . . 524.90. . . . . . 509.35. . . . 11702.72. . . . . 1596.35. . . . . . 235.60. . . . . 10. . . . . . 521.85 Corroborating the bullish outlook, the daily
INFO EDGE (I). . . . . . . . . . . . . . . . . .. . . . . 3526.10. . . . . 3390.95. . . . . 3534.75. . . . . 3535.25. . . . . 3380.00. . . . . . 447.91. . . . . 3575.25. . . . . 1580.00. . . . 153. . . . . 3390.70 relative strength index is on a rise along with the
Infosys [5] . . . . . . . . . . . . . . . . . . . . .. . . . . . 951.35. . . . . . 948.45. . . . . . 949.90. . . . . . 962.00. . . . . . 946.10. . . . . 6802.51. . . . . . 986.00. . . . . . 511.10. . . . . 25. . . . . . 948.20
IntGlobAviat . . . . . . . . . . . . . . . . . . .. . . . . . 953.20. . . . . . 939.65. . . . . . 965.00. . . . . . 965.25. . . . . . 936.60. . . . . 1211.11. . . . . 1911.00. . . . . . 765.05. . . . . -. . . . . . 940.05
contract and the moving average convergence
IOC . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . 87.10. . . . . . . 87.05. . . . . . . 87.20. . . . . . . 88.20. . . . . . . 86.90. . . . 16717.03. . . . . . 156.00. . . . . . . 71.15. . . . . . 8. . . . . . . 87.05 divergence indicator on the daily chart is chart­
I-PruLifeINS . . . . . . . . . . . . . . . . . . . .. . . . . . 482.25. . . . . . 477.20. . . . . . 485.00. . . . . . 487.00. . . . . . 475.05. . . . . 1498.77. . . . . . 537.50. . . . . . 221.95. . . . . 64. . . . . . 477.40
ing an upward trajectory and lies in the bullish
ITC [1]. . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 198.85. . . . . . 203.05. . . . . . 200.00. . . . . . 207.70. . . . . . 200.00. . . . 55143.10. . . . . . 266.20. . . . . . 134.95. . . . . 17. . . . . . 203.65
JSWSteelLtd [1] . . . . . . . . . . . . . . . .. . . . . . 245.20. . . . . . 253.75. . . . . . 246.50. . . . . . 255.50. . . . . . 246.30. . . . 15124.91. . . . . . 296.65. . . . . . 132.50. . . . . 19. . . . . . 253.55 zone. However, in the past few trading sessions,
Kot.Mah.Bk [5] . . . . . . . . . . . . . . . . .. . . . . 1360.20. . . . . 1364.60. . . . . 1373.00. . . . . 1385.00. . . . . 1357.15. . . . . 2502.99. . . . . 1739.95. . . . . 1000.35. . . . . 46. . . . . 1364.60 the price has been fluctuating in the between
L&T [2] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 960.05. . . . . . 961.90. . . . . . 969.60. . . . . . 979.70. . . . . . 957.10. . . . . 5427.54. . . . . 1554.05. . . . . . 661.05. . . . . 23. . . . . . 961.65
₹160 and ₹170. At ₹160, the 23.6 per cent Fibon­
M&M [5] . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 628.90. . . . . . 629.55. . . . . . 630.00. . . . . . 640.60. . . . . . 622.40. . . . . 5128.84. . . . . . 640.55. . . . . . 245.80. . . . . 30. . . . . . 629.25 acci retracement level coincides, making it an
Marico Ltd [1]. . . . . . . . . . . . . . . . . .. . . . . . 373.30. . . . . . 370.60. . . . . . 372.05. . . . . . 378.40. . . . . . 369.10. . . . . 3676.05. . . . . . 403.70. . . . . . 233.80. . . . . 47. . . . . . 370.90 important support. But the contract should rally
Maruti [5]. . . . . . . . . . . . . . . . . . . . . .. . . . . 6608.90. . . . . 6649.20. . . . . 6665.00. . . . . 6713.50. . . . . 6611.00. . . . . . 880.81. . . . . 7755.00. . . . . 4002.00. . . . . 51. . . . . 6647.90
MothersSum [1] . . . . . . . . . . . . . . . .. . . . . . 104.90. . . . . . 107.65. . . . . . 106.00. . . . . . 109.30. . . . . . 101.25. . . . 53554.16. . . . . . 151.00. . . . . . . 48.50. . . . . 57. . . . . . 107.45 above ₹170 to establish next swing of uptrend.
MuthootFinan . . . . . . . . . . . . . . . . . .. . . . . 1172.70. . . . . 1174.20. . . . . 1183.95. . . . . 1189.90. . . . . 1162.20. . . . . 1709.22. . . . . 1405.00. . . . . . 477.50. . . . . 16. . . . . 1173.85 If the bulls gather momentum and lifts the
NestleIndia. . . . . . . . . . . . . . . . . . . . .. . . . 16665.75. . . . 16622.80. . . . 16725.00. . . . 16785.65. . . . 16581.00. . . . . . . 37.87. . . . 18301.00. . . . 11806.50. . . . . 77. . . . 16620.65
contract above ₹170, it can rally to ₹180 in the
NHPC Ltd . . . . . . . . . . . . . . . . . . . . . .. . . . . . . 20.40. . . . . . . 20.30. . . . . . . 20.50. . . . . . . 20.55. . . . . . . 20.25. . . . . 1793.78. . . . . . . 29.00. . . . . . . 15.15. . . . . . 7. . . . . . . 20.35
NMDC Ltd [1] . . . . . . . . . . . . . . . . . .. . . . . . . 91.75. . . . . . . 93.25. . . . . . . 93.00. . . . . . . 94.25. . . . . . . 91.90. . . . 11764.14. . . . . . 139.50. . . . . . . 62.00. . . . . . 8. . . . . . . 93.25 near term. Above that level, it can even rally to
NTPC . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . 88.20. . . . . . . 88.25. . . . . . . 89.00. . . . . . . 89.60. . . . . . . 87.80. . . . 11180.57. . . . . . 129.55. . . . . . . 74.00. . . . . . 9. . . . . . . 88.15 ₹192. On the other hand, if the price slips below
ONGC [5] . . . . . . . . . . . . . . . . . . . . . .. . . . . . . 79.05. . . . . . . 78.45. . . . . . . 79.55. . . . . . . 80.00. . . . . . . 78.20. . . . 10835.77. . . . . . 149.65. . . . . . . 51.80. . . . . . 6. . . . . . . 78.45
the support of ₹160, it is likely to decline towards
Oracle Fin [5] . . . . . . . . . . . . . . . . . .. . . . . 2979.50. . . . . 2959.95. . . . . 2993.10. . . . . 2993.10. . . . . 2922.00. . . . . . . 50.90. . . . . 3238.50. . . . . 1532.50. . . . . 16. . . . . 2963.55
PAGE INDUSTRIES . . . . . . . . . . . . . .. . . . 18759.20. . . . 18901.90. . . . 18888.00. . . . 19016.95. . . . 18642.40. . . . . . . 20.88. . . . 26891.00. . . . 16186.75. . . . . 61. . . . 18899.15 ₹150. A breach of this level can turn the outlook
Petronet . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 247.30. . . . . . 246.80. . . . . . 248.00. . . . . . 257.90. . . . . . 245.70. . . . . 3441.28. . . . . . 302.00. . . . . . 170.75. . . . . 14. . . . . . 246.75
bearish with the nearest support at ₹140.
PFC . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . 89.50. . . . . . . 90.05. . . . . . . 89.60. . . . . . . 91.35. . . . . . . 88.95. . . . 13996.03. . . . . . 133.30. . . . . . . 74.20. . . . . . 4. . . . . . . 90.05
PGHH . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 10268.85. . . . 10198.25. . . . 10341.55. . . . 10341.60. . . . 10185.00. . . . . . . 13.36. . . . 12699.90. . . . . 8500.00. . . . . 78. . . . 10201.90 The positive trend is supported by the generic
PidiliteInd [1] . . . . . . . . . . . . . . . . . .. . . . . 1398.90. . . . . 1380.00. . . . . 1405.00. . . . . 1410.00. . . . . 1377.30. . . . . . 746.48. . . . . 1709.85. . . . . 1186.05. . . . . 77. . . . . 1380.00 first contract of natural gas on New York Mer­
PiramalEntp [2]. . . . . . . . . . . . . . . . .. . . . . 1473.95. . . . . 1473.75. . . . . 1488.20. . . . . 1505.00. . . . . 1460.40. . . . . 1096.52. . . . . 2001.24. . . . . . 608.00. . . . 160. . . . . 1474.25
cantile  Exchange  (NYMEX).  The  contract,  that
PowerGrid . . . . . . . . . . . . . . . . . . . . .. . . . . . 177.25. . . . . . 176.85. . . . . . 178.15. . . . . . 182.35. . . . . . 175.55. . . . 12281.38. . . . . . 213.30. . . . . . 129.75. . . . . . 8. . . . . . 176.80
Pun.Natl.Bk [2] . . . . . . . . . . . . . . . . .. . . . . . . 32.85. . . . . . . 32.85. . . . . . . 32.80. . . . . . . 33.10. . . . . . . 32.50. . . . 16076.25. . . . . . . 69.60. . . . . . . 26.30. . . . . -. . . . . . . 32.85 broke  out  of  the  crucial  resistance  of  $2,  also
Reliance . . . . . . . . . . . . . . . . . . . . . . .. . . . . 2119.85. . . . . 2133.80. . . . . 2134.80. . . . . 2160.00. . . . . 2100.35. . . . 21611.36. . . . . 2198.70. . . . . . 867.44. . . . . 45. . . . . 2134.05
glided past the 200­day moving average – a po­
SBI [1] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 193.80. . . . . . 195.05. . . . . . 195.00. . . . . . 196.80. . . . . . 193.75. . . . 43892.06. . . . . . 351.00. . . . . . 149.55. . . . . 16. . . . . . 195.10
tential indication of a shift in long­term trend.
SBI CARDS & PAY SER. . . . . . . . . .. . . . . . 761.60. . . . . . 780.35. . . . . . 765.75. . . . . . 790.90. . . . . . 761.00. . . . . 3956.86. . . . . . 798.45. . . . . . 495.00. . . . . -. . . . . . . . . . . -
SBILifeInsur . . . . . . . . . . . . . . . . . . . .. . . . . . 865.75. . . . . . 860.60. . . . . . 868.00. . . . . . 878.00. . . . . . 857.50. . . . . . 971.87. . . . . 1030.00. . . . . . 520.00. . . . . 60. . . . . . 860.35 Currently trading at $2.2, it faces a resistance at
Shr.Tr.Fin . . . . . . . . . . . . . . . . . . . . . .. . . . . . 674.35. . . . . . 675.35. . . . . . 680.00. . . . . . 682.00. . . . . . 665.50. . . . . 2081.80. . . . . 1337.02. . . . . . 430.38. . . . . . 7. . . . . . 674.90
ShreeCement . . . . . . . . . . . . . . . . . .. . . . 22396.40. . . . 21551.60. . . . 21920.00. . . . 21989.95. . . . 21322.00. . . . . . 188.58. . . . 25341.20. . . . 15500.00. . . . . 49. . . . 21538.95
$2.28. A breakout of this level can extend the rally
Siemens [2] . . . . . . . . . . . . . . . . . . . .. . . . . 1132.30. . . . . 1158.30. . . . . 1138.00. . . . . 1173.00. . . . . 1127.05. . . . . 1030.24. . . . . 1716.55. . . . . . 947.00. . . . . 54. . . . . 1158.00 further.
Sun Pharma [1] . . . . . . . . . . . . . . . .. . . . . . 543.85. . . . . . 541.05. . . . . . 548.00. . . . . . 549.60. . . . . . 535.10. . . . . 7774.09. . . . . . 550.70. . . . . . 315.20. . . . . 44. . . . . . 541.05
Trade Strategy:
Tata Steel . . . . . . . . . . . . . . . . . . . . .. . . . . . 410.20. . . . . . 416.45. . . . . . 413.10. . . . . . 427.60. . . . . . 412.50. . . . 25885.19. . . . . . 505.95. . . . . . 250.90. . . . . . 6. . . . . . 416.45 The contracts on MCX and NYMEX have risen
TCS [1] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 2282.80. . . . . 2279.90. . . . . 2283.00. . . . . 2312.00. . . . . 2275.60. . . . . 2774.51. . . . . 2357.15. . . . . 1504.40. . . . . 28. . . . . 2279.25 sharply  over  the  past  week.  Notably,  both  the
Tech Mahindra [5] . . . . . . . . . . . . .. . . . . . 681.85. . . . . . 674.80. . . . . . 690.10. . . . . . 693.95. . . . . . 672.10. . . . . 4331.86. . . . . . 845.70. . . . . . 470.25. . . . . 14. . . . . . 674.85
TitanCompany [1] . . . . . . . . . . . . . .. . . . . 1107.55. . . . . 1066.25. . . . . 1074.00. . . . . 1087.70. . . . . 1048.60. . . . 11189.34. . . . . 1389.85. . . . . . 720.00. . . . 108. . . . . 1066.50
contracts have taken out their respective critical
TorrentPhar [5]. . . . . . . . . . . . . . . . .. . . . . 3010.80. . . . . 2870.40. . . . . 3011.00. . . . . 3031.20. . . . . 2860.15. . . . . 1218.14. . . . . 3040.00. . . . . 1554.65. . . . . 48. . . . . 2870.50 resistances. But since MCX­Natural gas is now fa­
UB [1] . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 968.25. . . . . . 969.15. . . . . . 970.00. . . . . . 981.00. . . . . . 965.25. . . . . . 336.78. . . . . 1403.25. . . . . . 758.75. . . . . 60. . . . . . 968.90 cing a hurdle at ₹170, traders can go long with
UltraTech . . . . . . . . . . . . . . . . . . . . . .. . . . . 3968.35. . . . . 3968.75. . . . . 3994.00. . . . . 4077.30. . . . . 3961.00. . . . . . 823.63. . . . . 4753.35. . . . . 2913.15. . . . . 22. . . . . 3969.60
United Spr [2] . . . . . . . . . . . . . . . . . .. . . . . . 594.85. . . . . . 582.80. . . . . . 597.70. . . . . . 598.00. . . . . . 581.50. . . . . 2551.51. . . . . . 742.95. . . . . . 443.00. . . . 115. . . . . . 582.90 stop­loss at ₹155 if price rallies past ₹170.
UPL [2] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 494.30. . . . . . 481.90. . . . . . 496.50. . . . . . 496.65. . . . . . 480.00. . . . . 4360.61. . . . . . 617.55. . . . . . 240.30. . . . . 61. . . . . . 481.85
Wipro [2] . . . . . . . . . . . . . . . . . . . . . .. . . . . . 277.40. . . . . . 279.65. . . . . . 279.00. . . . . . 284.65. . . . . . 278.30. . . . 10078.91. . . . . . 290.65. . . . . . 159.60. . . . . 18. . . . . . 279.50
Zee Ent [1]. . . . . . . . . . . . . . . . . . . . .. . . . . . 151.20. . . . . . 159.75. . . . . . 152.70. . . . . . 160.95. . . . . . 152.55. . . . 46605.37. . . . . . 376.20. . . . . . 114.00. . . . . 17. . . . . . 159.85 Note: The recommendations are based on technical
. ..... . .. ...
CHENNAI

BusinessLine
WEDNESDAY • AUGUST 12 • 2020 COMMODITIES 7

Rice exports jump 52% in Apr-May Gold prices dip

Panic buying to to  the  factors  such  as  favour­
secure food supply
able  currency,  the  availability
stocks and competitive pricing
₹1,560 as Russia
Heavy rains forecast for parts of
expensive. However, with Asian
launches  North-West for the next three days
players  such  as  Thailand  and
Vietnam  facing  supply  issues,
Covid­19 vaccine  VINSON KURIAN
Thiruvananthapuram, August 11

aiding shipments,
say exporters
VISHWANATH KULKARNI
Bengaluru, August 11
Non­basmati  rice  exports  are
seen  rebounding  this  year  as
the shipments have begun on a
strong note registering over 52
per cent growth in the first two
months  of  the  current  finan­
cial year.  up 63 per cent at ₹3,429 crore
Strong  demand  from  tradi­
tional  buyers  in  Africa  and
likely  panic  buying  by  some
countries even as the Covid­19
pandemic  tightened  its  grip
across  the  world  during  this
period  fuelled  the  rice  ship­
ments, exporters said.
Shipments during April­May
this  year  stood  at  11.13  lakh
tonnes as against 7.3 lakh in the
same  period  last  year,  accord­
ing to DGCIS’ latest figures. In
value  terms,  the  exports  were
as compared to ₹2,097 crore. In
dollar  value,  the  shipments
were up 56 per cent at $452 mil­
lion as compared to $289 mil­
lion  recorded  in  the  same
period last year.
“There  is  a  rebound  in  ex­
ports of non­basmati rice,” said
BV Krishna Rao, President, The
Rice Exporters Association. Rao
attributed  the  spurt  in  ship­
ments  to  the  rebound  in  de­
mand from traditional buyers
in the African region and also
of the Indian cereal.
Growth in shipment
“Countries could have bought
more rice during this period to
secure  their  food  supplies  as
the  Covid­19  pandemic  was
tightening its gripped around
the  world.  Such  panic  buying
could be attributed to around
10  per  cent  growth  in  ship­
ments during this period,” Rao
said.
Apart  from  African  nations
and  Nepal,  the  non­basmati
rice  shipments  has  picked  up
in  Malaysia,  Philippines  and
Russia, among other countries.
India,  the  second­largest
producer of rice, has been the
largest  exporter  of  the  cereal
after  shipments  of  non­bas­
mati  were  allowed  from  2011.
However, the non­basmati rice
shipments had witnessed a de­
cline in the past two years after
the  Indian  cereal  had  turned
Indian rice has turned compet­
itive in recent months. “We are
at least 10 per cent lower than
Thai  parboiled  rice,”  Rao  said,
adding  that  if  demand  from
Bangladesh picks up, the ship­
ments  could  rise  to  2017­18
levels.
The  steady  growth  in  rice
production  has  been  aiding
the  exports.  From  around  96
million  tonnes  in  2010­11,  rice
production is seen touching an
all­time  high  of  117.94  million
tonnes in 2019­20. In the ongo­
ing kharif season, rice planting
has been higher by 17 per cent
at 321 lakh ha till August 7.
The basmati shipments dur­
ing April­May were marginally
up  in  volumes  at  8.74  lakh
tonnes (8.64 lakh tonnes in the
same  period  last  year).  How­
ever,  in  value  terms,  the  ship­
ments  registered  a  decline  at
₹5,970 crore (₹6,488 crore) due
to weak pricing.
SURESH P IYENGAR The  monsoon  backbone  rep­
Mumbai, August 11 resented  by  the  off­shore
The relentless rally in gold prices trough  along  the  South­West
has finally come to an end with coast, the receptacle for mon­
the fall of ₹1,564 per 10 gram in soon  flows  from  the  Arabian
the yellow metal prices on Tues­ Sea, has weakened on Tuesday,
day. It had dropped by ₹611 per clearing up the skies over parts
10 grams to ₹55,515 on Monday.  of  Kerala  and  Coastal
Starting on a weak note, gold Karnataka.
prices  on  Tuesday  closed  at Instead, the clouds have mi­
₹53,951 per 10 grams after open­ grated  mainly  to  North­West,
ing  at  ₹54,528  as  investors and  a  lesser  extent  to  East  In­
booked  profit  with  Russia  an­ dia, with the crucial monsoon
nouncing launch of word’s first trough aligning along the nor­
Covid­19 vaccine.  mal  position.  The  previous
In global markets, spot gold day’s  low­pressure  area Rainfall outlook for Wednesday
was down 0.3 per cent to $2,021 merged into it and weakened.
per  ounce  while  in  US  futures This  trough  has  a  crucial  role to very heavy falls over major Gujarat,  East  Rajasthan  and
market it eased by similar per­ to play in ensuring rains along parts  of  North­West  India,  in­ parts  of  Central  India  for  the
centage points to $2,034.  with  time  and  space  for  the cluding  the  rain­deficit  hills next four days until Independ­
Notwithstanding  minor farming  heartland  of  the and  the  adjoining  plains  of ence  Day.  Isolated  extremely
blips,  gold  prices  have  been country. Punjab, Haryana, Chandigarh, heavy falls are also likely over
moving up steadily in last three Delhi  and  Uttar  Pradesh  the Gujarat  state  and  East  Ra­
months and shot up 18 per cent Rains for deficit areas during next two to three days. jasthan while it would be isol­
in last three months to the cur­ Given this context, the IMD has Fairly  widespread  to  wide­ ated heavy to very heavy over
rent level from ₹45,785 recorded forecast  fairly  widespread  to spread  rainfall  with  heavy  to the northern parts of Konkan
on May 11.  widespread rainfall with heavy very heavy falls are forecast for and Goa on August 14­15. 

Upasi opposes move for TN farmers eye good yield s on timely water release MILK COOPERATIVES SLASH PRICES

duty-free imports of tea TE RAJA SIMHAN

OUR BUREAU
Kochi, August 11
The  United  Planters  Associ­
ation  of  South  India  (Upasi)
has  strongly  objected  to  the
move  to  tinker  with  the  im­
port  duty  structure  for  tea,
saying  that  it  will  be
counter­productive.
RM  Nagappan,  Upasi  Pres­
ident,  50  per  cent  of  tea  pro­
duction  in  the  country  is  by
small  growers  and  any  such
move  to  reduce  the  import
duty, which is currently at 100
per  cent,  will  be  detrimental
to the interest of growers and
workers.  2020  (January­May)  and  this
His  reaction  comes  in  the
background  of  reports  that
Tea  Traders/Packeteers  have
sought  duty  free  imports  of
tea in the context of marginal
increase  in  prices  due  to
lower production.
Nagappan  said  that  Indian
tea  production  till  June  was
lower  mainly  due  to  initial
lockdown measures. This has
led  to  some  increase  in  the
prices  since  mid­June  2020,
which was very much needed
for  the  sustenance  of  the  in­
dustry. The decline in the pro­
duction  till  June  was  just  8.9
per  cent  of  the  total  tea  pro­
duction  in  the  country.  India
being a surplus tea producing
nation,  exports  around  18­20
per cent of its production.
However,  due  to  the  pan­
demic, exports from India are
down  by  26.98  million  kg  in
quantity is available in the do­
mestic  market.  As  the  out  of
home consumption (HORECA
segment)  is  also  being  af­
fected, the decline in produc­
tion  is  no  way  significant
from  the  consumption  point
of view.  clined to a low of 5.23 mt dur­
Chennai, August 11
Amidst gloomy economic scen­
ario,  there  is  cheerful  news
coming from rural Tamil Nadu
as the State is likely to witness a
higher agriculture production
this crop year (July 2020 to June
2021) due to the timely opening
of the Mettur dam on June 12,
coupled  with  good  seasonal
rain in catchment areas.
Government  officials  and
farmers in the Cauvery Delta re­
gion,  the  rice  bowl  of  Tamil
Nadu, are anticipating a good
yield next year.
“After nearly 30 years, we ex­
pect  a  bountiful  production
this  year,”  said  S  Prabhu,  Agri
CEO  of  Needamangalam  Col­
lective  Farming  Farmers  Pro­
ducer  Company  Ltd,  in
Tiruvarur  district.  Food  grain
production  in  the  State
touched a record 12.97 million
tonnes  (mt)  during  2014­15.
Since then, production had de­
The reopening of water from
Mettur dam will help paddy
cultivation in 3.25 lakh acres
E LAKSHMI NARAYANAN
ing 2016­17 as farmers skipped
the Kuruvai crop due to scarse
water.  This  year,  the  target  is  to
Land capacity
However, thanks to the timely
release  of  water  from  Mettur
dam  —  the  largest  irrigation
dam and most crucial source of
water for the Cauvery delta — in
June this year, farmers have put
to use their full land capacity. In
the past, if a farmer had 5 acres
(in June or July) he would have
planted  paddy  in  only  2  acres
due to shortage of water. How­
ever, this year, he has planted in
all the 5 acres, said Prabhu.
Last  year,  the  Delta  region
cultivated 2.90 lakh acres with
the crop yield being 4.99 lakh
tonnes  of  rice.  However,  this
year, the opening of water from
Mettur dam on time will help
paddy  cultivation  in  3.25  lakh
acres with yield expected to be
around 5.60 lakh tonnes, said
Chief  Minister  Edapaddi  K  Pa­
laniswami  while  announcing
the opening of water from the
dam.
achieve  production  of  nearly
28  lakh  tonnes  of  paddy  of
which 22.81 lakh tonnes will be
procured  directly  from  the
farmers, he said.
In  Tiruchirapaalli,  kuruvai
paddy  cultivation  is  expected
to  increase  to  4,800  hectares
this  year  from  3,300  hectare
last  year.  At  present,  15,000
cusecs  of  water  is  being  re­
leased  into  the  Cauvery  from
Mettur  Dam,  said  a  govern­
ment official. “We are on track
for a good crop this year due to
good rain and storage. Availab­
ility of adequate seeds and fer­
tilisers  and  constant  hand
holding  of  farmers  will  also
help in good crops,” he said.
In  Tamil  Nadu,  three  crops
are cultivated in June with the
short­term  Kuruvai crop  (sow­
ing in June and harvest in Au­
gust­end);  long­term  Sambha
crop from August to December
and Navarai for which sowing
takes place in January. “We will
opt for all the three crops after a
gap  of  three  years,”  said
Ganesan, a farmer in Tiruvarur.  As milk politics simmers to a boil
More water storage
State  government  data  shows
that out of the 15 reservoirs, the
current  storage  in  11  are  well
above last year’s storage at this
time of the year.  small  hotels  and  restaurants
Maharashtra farmers
urge govt to intervene
OUR BUREAU
Pune, August 11
Covid­19  has  triggered  a  war
between milk producer­farmers
and  cooperatives  in  Maha­
rashtra.  As  cooperatives  have
slashed  purchase  rate  for  the
milk procurement, farmers have
demanded  the  State’s  interven­
tion.  chased  milk  at  ₹33­34  per  litre,
Farmers complain that out of
the 1.19 crore litres of milk pro­
duced daily in the State, about 47
lakh  litres  remain unsold.  Re­
cently, various farmers’ organisa­
tions held agitations but in vain.
in  the  State,  farmers  still  await
concrete assurance from the gov­
ernment.  litre  since  March.  Shetkari
Earlier, 86  lakh  litres  of milk
are sold  in  pouches  every  day,
but with lockdowns in force and
closed, this sell has come down
to 67 lakh litresper day. The State
government is purchasing 5 lakh
litres milk  to  help  farmers,  but
there is still an excess of 47 lakh
litres. 
Maharashtra  has  about  46
lakh  milk  producer­farmers.
Milk  dairies  which  earlier  pur­
have  reduced  the  procurement
price to ₹18­19 per litre after the
Covid­19 outbreak. 
The  State  government  has
fixed the production cost of buf­
falo  milk  to  ₹37.50.  A  cow­milk
producer  farmer  spends about
₹27­28 to produce 1 litre of milk,
which he now sells at at ₹16­17 per
Sanghatana President Anil Ghan­
wat  said  that  farmers  are  not
even able to recover production
costs for buffalo and cow milk. 

Family businesses ‘need a succession
plan defining daughters’ share’
OUR BUREAUS
New Delhi/Mumbai, August 11
“Businesses will have to clearly
define a succession plan when a
daughter/sister in the family is
going  to  get  married,”  said
Pawan  Vijay,  founder,  Corpor­
ate Professional, in reaction to
the  Supreme  Court  ruling  on
Tuesday  that  daughters  can
claim an equal share of the par­
ental property even if the father
had  died  before  the  enforce­
ment of the 2005 amendment
to  the  Hindu  Succession  Act,
1956.
He  said  that  at  the  time  of
birth of a daughter in the fam­
ily,  the  entrepreneur  will  have
to decide her share in the fam­
ily, irrespective of whether she
is  going  to  continue  with  the
family business or getting mar­
ried into a different family.”
Terming it “a great day for all
Indian women,” Valli Arunach­
alam, Karta of MV Murugappan
Hindu Undivided Family,, said:
NEWS
business  wealth.”  After  the
2005  amendment,  many
Hindu fathers moved swiftly to
cash  out  the  daughters  from
their  HUFs  (perhaps  linked  to
marriage), he said, adding, “The
same will happen now in an ac­
celerated way and many HUFs
will  be  dissolved  or
partitioned.”
No impact on biz
The SC ruled that daughters can claim an equal share of parental But he did not expect any major
property even if the father had died before the enforcement of the impact on family businesses, as
2005 amendment to the Hindu Succession Act, 1956 ISTOCK most today are owned directly,
or  more  recently  via  trusts  or
“The judgment reinstates faith come step in the right direction holding companies. “It may af­
in the judicial system by mak­ and gives us the much needed fect  personal  wealth,  but  fam­
ing  it  loud  and  clear  that momentum  to  continue  striv­ ily­owned  companies  will  not
daughters can no longer be de­ ing for gender equality.” be  very  affected,  if  at  all,  with
prived of their rights to ances­ Rishabh Shroff, Partner with this change,” he said.
tral  property,  no  matter  when Cyril  Amarchand  Mangaldas Varghese  Thomas,  Partner,
they were born. Women in the law firm, said: “This is a much­ JSA, said the judgment should
patriarchal  system  have  been needed  judgment.  Hindu­ spur  family­owned  businesses
fighting  an  uphill  battle  for  a owned family businesses were to have a structured succession
long time to get equal rights in always  very  wary  of  ancestral plan by way of a will or a family
all  spheres  ­ succession,  work property, and do not generally trust  keeping  in  mind  the
and social status. This is a wel­ use  HUFs  as  vehicles  to  own rights of the daughter.”

Kone prepares for new elevator solutions in Covid era
‘Social distancing
will mean readying
a wide range
of solutions’
MURALI GOPALAN
Mumbai, August 11
Amit  Gossain  believes  that  dy­
namics in the elevator business
are due to change in the post­
Covid  era  as  part  of  the  new
normal.
“Hotels and residential build­
ings  have  started  seeking  con­
tactless solutions. People do not
want  to  press  a  button  and
physical  distancing  is  becom­
ing  more  important,”  says  the
Managing Director of Kone El­
evator India.  “We have a team focussing on
It is precisely for this reason
that  the  company  recently  in­
troduced  a  host  of  new  solu­
tions  for  users  of  elevators  in
apartments,  corporate  offices
etc. For instance, users can sum­
Amit Gossain, Managing
Director, Kone Elevator
mon an elevator on WhatsApp
and need not touch buttons or
displays.  Another  initiative  is
the  full  load  limit  adjustment
which ensures less crowding in
the  elevator.  Likewise,  the  air
purifier  solution  helps  elimin­
ate bacteria, viruses, dust etc.
issues relating to Covid­19 at the
technical  centre.  Load  adjust­
ment in elevators will soon be
common  in  hotels  and  shop­
ping  centres.  Contactless  will
also become the new norm,” he
added.  Additionally,  manufac­
turers  like  Kone  need  to  cope
with  changing  construction
norms in the real estate space.
For  instance,  if  new  home
designs focus on social distan­
cing,  there  will  be  fresh  chal­
lenges to contend with. Yet, reit­
erates Gossain, safety cannot be
compromised  in  the  process.
“We  will  stick  to  high­end
products.  An  apartment  sold
with  a  Kone  elevator  is
premium by the end of the day,”
he says. It is this bonding with
customers  that  makes  all  the
difference,  according  to  him.
For instance, the first few weeks
of the lockdown were very diffi­
cult but the company’s techni­
cians  were  constantly  on  the
move  to  meet  needs  in  apart­
ments and hospitals.  Yet, it is not as if this can apply to
“In one of the big buildings,
as soon as work was done and
the technician stepped out, the
residents came out of their bal­
conies  and  clapped.  He  was
taken aback,” recalls Gossain. It
is during times like these that
people within the company feel
truly motivated, he says.
Kone’s  headquarters  in  Fin­
land ensured that their Indian
team was prepared for the chal­
lenges  arising  from  the  pan­
demic  since  they  had  experi­
enced it back home as well as in
China. 
WFH concept
People  were  not  used  to  the
work­from­home  model  and
took time to get used to it. Soon,
they warmed up to it and began
enjoying the concept. 
“Companies  like  ours  have
learnt that a lot can be achieved
working  from  home.  We  are
better  focussed  too,”  he  said.
the entire workforce since there
are  customers  who  “still  want
to  see  people”.  Likewise,  hous­
ing  societies  prefer  to  see  the
supplier for direct negotiations. 

CM .. ..... . . ...
YK

8 CLEANTECH
Auctions to turn the spotlight on Coal vs Renewables
I
n  a  week  from  today,  the
country  will  know  how
many  bids  have  been  re­
ceived  for  the  41  coal
mines  put  under  the  hammer.
The  results  will  be  interesting,
because  a  number  of  studies
have shown that investing in a
coal  mine  today  for  long­term
production of the fuel for elec­
tricity generation defies logic.  search  company  called  Centre
Ever since ReNew Power won
400 MW in an auction held in
May  to  sell  ‘round­the­clock’
power,  offering  to  sell  electri­
city at a shockingly low price of
₹2.90 per kWhr for the first year
(₹3.56,  if  averaged  over  the  25­
year  agreement  period),
nobody  mentions  the  word
‘coal’ without a question mark
next to it.  government­owned  coal  com­
And now, more analyses have
emerged, only to highlight the
question mark.  an  encouraging  message  for
For instance, in June, ratings
and  research  company ICRA
said that while the demand for
domestic  coal  would  continue
to grow, it would do so at a slow
pace  and  most  of  the  incre­
mental  growth  in  demand  “is
likely to be grabbed by Coal In­
dia  Ltd,”  the  well­entrenched,
state­owned  incumbent,  “leav­
Can money make the waste go round?
Funding could be the
key to better urban
waste management
V RISHI KUMAR
C
ollecting  urban  waste  is,
no  doubt,  a  mammoth
task  but  a  relatively
easier  one.  Disposing  it
or  recycling  it  in  an  eco­friendly
manner is the far bigger challenge.
According  to  2019  estimates,  377
million  Indians  live  in  7,  935  cities
and  towns.  Together  they  generate
62 million tonnes (mt) of municipal
waste  annually  of  which  about  42
mt  is  collected  and  only  11.9  mt
treated — the rest is simply dumped
in  landfill  sites,  which  are  growing
by the day.
De-Tax
Sold your house? Now, invest to save on tax
Investment of profit in capital gains bonds
helps you save tax on long-term gains
ANAND KALYANARAMAN
Recently,  the  interest  rate  on
Section 54 EC bonds – popularly
known  as  capital  gains  bonds  –
was  cut  from  5.75  per  cent  to  5
per  cent  per  annum.  This  rate
reduction  is  in  line  with  the
overall  downward  interest  rate
trend in the economy.  tional  Highways  Authority  of
The  new  rate  (5  per  cent)  is
applicable from August 1, 2020,
for  investments  made  in  FY
2020­21,  that  is,  until  March
2021.  For  investments  received
until  July  31,  2020,  the  earlier
rate  of  5.75  per  cent  at  invest­
ment  will  hold  till  maturity.
The  rate  could  change  again  in
FY2022, that is, from April 2021,
depending  on  interest  rates  in
the economy then.
Despite  the  rate  cut,  the
capital  gains  bonds  are  a
good  bet  for  those
looking  to  save
tax  on  long­
term  gains
from  the
sale of their
house  or
prop­
erty.
Here’s
how.
Tax-saver
If  you
plan  to  sell  your  house  or
a plot of land, plan it such that
you  have  a  tax­efficient  sale.  To
start  with,  sell  the  property
only  after  at  least  two  years
from acquisition. This will qual­
ify  the  gains  as  long­term  and
get you the benefit of lower tax
— 20  per  cent  with  indexation
benefit.  If  you  sell  within  two
years,  the  gains  will  be  con­
sidered short­term and taxed as
per your slab rate.
Even  the  20  per  cent  tax
(after  indexation)  on  the  long­
term  gains  can  be  avoided if
you  invest  the  gain  in  another
CM
YK
ing  limited  room  in  the  do­
mestic  market  for  an  acceler­
ated growth in commercial coal
mining  by  private  miners.”
ICRA  pored  over  the  numbers
and concluded that it would be
tough  to  compete  with  CIL,
given the public sector miner’s
scale­derived, low­cost profile. 
Then,  in  July,  another  re­
for  Research  on  Energy  and
Clean  Air  (CREA)  crunched
some more numbers and wrote
on  the  banner  that  because
Coal India is also expanding its
capacity,  there  would  be  a
“massive oversupply of coal” of
the  magnitude  of  about  100­
200 million tonnes, even if the
ISTOCK.COM
production  from  other  state
panies and private captive coal
mines remained the same — not
those mulling bidding for new
coal mines.  tified (emphasis  added)  given
And then, India’s premier en­
ergy  think­tank,  The  Energy
and  Resources  Institute  (TERI),
peered into the thermal power
sector and stated tellingly that
“additional investment in coal­
fired power beyond the current
pipeline  would  be  neither  ne­
Though solid waste management
(SWM)  is  one  of  the  basic  essential
services  provided  by  municipal  au­
thorities across the country to keep
urban spaces clean, the funding for
it  is  far  from  adequate  to  provide
turnkey services that include waste
segregation,  collection,  treatment,
recycling  and  disposal.  Sadly,  most
municipal authorities deposit solid
waste  haphazardly  at  a  dump  yard
within or outside the city.
PPP model works
In a document on the financial and
economic  considerations  of  SWM,
the Central Public Health and Envir­
onmental  Engineering  Organisa­
tion,  a  technical  wing  of  the  Min­
istry of Urban Development, admits
that  waste  management  receives  a
comparatively “inadequate share of
residential  house  or  in  spe­
cified  bonds  under  Section
54EC  of  the  Income­Tax  Act.  If
you  don’t  plan  to  buy  another
property,  invest  the  gains  in
these  bonds  specified  by  the
government.
These  bonds  are  issued  by
four public sector entities — Na­
India  (NHAI),  Rural  Electrifica­
tion  Corporation  (REC),  Power
Finance  Corporation  (PFC)  and
Indian Railway Finance Corpor­
ation (IRFC).
The  tax  break  under  Section
54EC  is  available  to  the  extent
of  the  capital  gains  you  invest.
So,  it  makes  sense  to  invest
the  entire  gains  to  avoid
the  tax  com­
pletely.
But  there
is  a  monet­
ary  limit  on
how  much  you
can  invest.  You
can  deploy  a  max­
imum  of  ₹50  lakh  in
these  bonds,  and  must
do  so  within  six  months
from the property sale.
This  limit  of  ₹50  lakh  is  an
aggregate  limit  across  the  fin­
ancial  year  of  the  property  sale
and  the  next  financial  year.  In
CHENNAI
BusinessLine
WEDNESDAY • AUGUST 12 • 2020
found out that with a combina­ found  out  that  the  project but the RTM is another good al­
Even as energy markets tion of wind and solar, built to would only need to sell the sur­ ternative. 
right  capacities,  the  company plus power in the market for an Furthermore,  the  Central
seem to be elbowing out could  profitably  supply  steady average price of ₹1.81 a kWhr to Electricity Regulatory Commis­
coal, the privatisation of power at the bid­clinching lev­ stay  viable.  This  price  seems sion is keen on bringing in the
elised tariff of ₹3.59 a kWhr.  easy to get because the market ‘market­based  economic  dis­
the industry is happening, The  RTC  auction  of  SECI  re­ prices  have  consistently  been patch’  of  electricity  (MBED).
quires  the  winning  bidder  to much higher. For instance, last While the full contours of MBED
says M Ramesh commit to supplying a certain month, in the ‘real time market’ are yet to evolve, the idea is to
minimum  level  of  power  all in the power exchange IEX, the push  all  electricity  transac­
through  the  year;  any  failure average monthly ‘market clear­ tions, including (eventually) bi­
would  attract  stiff  penalties. ing’ price was ₹2.49 a kWhr.  lateral contracts, over to the ex­
Prayas  Energy  worked  back­ changes.  Basically,  generators
wards and discovered that “one Market reforms will help compete on their variable cost
combination  of  1,500  MW  of Recent  developments  in  the of power — the cheaper power
wind  power  and  850  MW  of power market are veritably sup­ gets bought. When renewables
solar power meets the above re­ portive  of  renewables.  Until too  come  under  MBED,  wind
quirements”,  if  the  projects June,  a  power  generator  could and  solar  generators,  whose
came  up  in  Maharashtra.  You only estimate its surplus for the variable cost is next to nothing,
can  throw  the  costly  storage next day (for 15­minute periods) will easily out­bid coal. 
out of the window.  and  put  in  sell  bids  on  the  ex­ In sum, all the developments
This  combination,  Prayas change. But in June, the two ex­ in the energy markets — includ­
says,  will  guarantee  the  min­ changes of the country, IEX and ing those in the finance sector
imum  committed  supply  of PXIL, introduced ‘real time mar­ which  is  increasingly  refusing
cessary from a system adequacy whose viability itself is drown­ threw  up  a  sit­up­and­take­no­ round­the­clock  power ket’, or RTM. Power sellers and to  fund  fossil  fuel  projects  —
point of view nor financially jus- ing in the floods of renewables tice kind of message: you don’t through  the  year,  because  one buyers  can  bid  for  making  or seem to be elbowing out coal to
— as  wind  and  solar  projects, even  need  storage;  a  combina­ or the other of solar and wind taking delivery after one hour.  the margins. 
the  rapid  cost  declines  in  re­ combined  with  storage,  can tion of wind and solar can com­ would  be  producing  enough. So, if a wind farm experiences It  is  against  this  backdrop
newables  plus  storage  and today  supply  steady  power fortably take on coal power.  Obviously,  when  both  plants a sudden gush of wind, it now that the first true privatisation
broader  grid  integration cheaper than coal plants.  For  the  analysis,  researchers are generating electricity, there has  the  RTM  facility  to  sell  the of the coal industry is happen­
strategies.”  Note  the  reference at Prayas Energy, Ashwin Gamb­ would be a substantial surplus. surplus energy.  ing. The bidders in the auctions
to “storage” in TERI’s statement. Who needs storage? hir, Shantanu Dixit and Ann Jo­ What  to  do  with  the  surplus? Well, even today, a wind plant that conclude on August 18 will
The Institute is saying that the And  then  came  another  ana­ sey, took ReNew Power 400 MW Sell it in the market.  is allowed to make intra­day re­ have to brave several odds. That
coal miners would have to sup­ lysis  of  the  not­for­profit,  en­ winning  bid  for  ‘round­the­ Prayas  punched  some  more visions in its committed sched­ is why the results will be inter­
ply to coal­fired power projects ergy NGO, Prayas Energy, which clock’  supply  of  power.  They keys  in  the  calculator  and ule 16 times (solar, eight times), esting. 
the  total  municipal  budget  as  the For  this,  the  Public­Private  Part­ and  Central  government  grants  to Ahmedabad  and  Hyderabad,  raised ate  about  1.85  lakh  tonnes  to
municipal  agencies  assign  low  pri­ nership (PPP) model of establishing local  bodies  for  development  of funds through this route. 200,000  tonnes  of  waste  per  day,”
ority to this work resulting in poor collection,  transport,  processing waste  processing  facilities  could M Goutham Reddy, Managing Dir­ says Reddy. 
services.” It says that SWM should be and disposal of MSW has been quite help. In fact, experts point out that a ector  of  Ramky  Enviro  Engineers “After  Covid­19,  the  amount  of
governed by the norms of public fin­ successful.  In  some  cities,  ‘waste  to one­time  grant  from  the  govern­ Limited (REEL), a leading waste man­ medical  waste  that  gets  generated
ance, and being a public utility and energy’  power  units  have  come  up ment  along  with  tipping  fee  is  the agement  company,  points  out  that has  increased  significantly.  Our
an essential service, investments in along  with  integrated  waste  man­ best techno­commercial feas­ there is also a huge potential to strategy  is  to  expand  not  just  in
it  should  not  be  seen  in  terms  of agement  systems.  Some  of  these ible funding model as it tap  loans  from  bilateral waste to energy projects, but also ex­
“positive returns on investment” or models  have  shown  considerable reduces  the  capital  in­ and multilateral agen­ pand  our  business  in  other  waste
“minimum profits”. To add to this is success and are being replicated. De­ vestment  and  ensures cies because they are management  solutions  for  health­
the lack of planning and financing centralisation has proven to be one the  smooth  flow  of open  to  supporting care,  industries  and  other  seg­
strategies and a lack of accountabil­ of the best practices. operations. well­designed  pro­ ments,” he says. 
ity  in  the  current  SWM  system Working  on  already  stretched jects. REEL currently Finally, he feels, finance for waste
throughout the country. budgets  and  huge  establishment Tapping bonds runs three waste to en­ management  must  be  raised  from
However,  over  the  years,  a  few costs,  several  municipal  corpora­ Another  option  being ergy projects and has waste  generators  through  a  ‘waste
Class  A  cities  like  Delhi,  Hyderabad tions have welcomed the PPP model looked at by fund­starved some in the pipeline. tax’.  Experts  calculate  that  an  aver­
ISTOCKPHOTO
and Ahmedabad and various Class B as it brings in the necessary capital municipal  corporations “We  as  a  nation  are age charge of ₹1 per person per day
cities  like  Dehradun,  Indore, and enables the implementation of is  raising  funds  through collectively  handling would  generate  close  to  ₹50,000
Bilaspur,  Katni,  Sagar,  Raipur,  Rewa the project by a private partner.  municipal bonds and by of­ about 7,000 tonnes of crore  annually,  and  this  level  of
and Dhanbad have begun to create But  many  of  the  private  players fering debentures. Several waste per day through funding  would  probably  be  suffi­
infrastructure  for  handling  and feel that to bolster such efforts, fund municipal  corporations, waste  to  energy  pro­ cient to provide effective waste man­
management of MSW scientifically.  allocation  by  State  governments including  those  in jects, we actually gener­ agement throughout the country. 
PORTFOLIO
Interest rates on home loan (%)
Loan Amounts (₹)
Upto  30 Lakh Over 
30 Lakhs to 75
lakhs 75Lakh Lakh
Floating rates
Axis Bank 7.75­8.55 7.75­8.55 7.75­8.55
Bank of Baroda 7.00­8.35 7.00­8.35 7.00­8.35
Bank of India 6.85­7.75 6.85­7.75 6.85­7.75
case  of  sale  of  jointly­owned dicating  the  highest  level  of investment in the NHAI issue is
Bank of Mah. 7.05­8.20 7.05­8.20 7.05­8.45
properties,  the  limit  of  ₹50 safety. ₹10,000  (one  bond),  while  it  is
lakh  applies  to  each  joint The  annual  interest  rate  at ₹20,000  (two  bonds)  in  the
Canara Bank
Central Bank
6.90­8.90
6.85­7.30
6.90­8.90
6.85­7.30
6.90­8.90
6.85­7.30
owner. the  time  of  investment  (5  per other  three  issues.  The  max­ DBS Bank  7.3 7.3 7.3
Earlier,  the  tax  benefit  under cent  currently  for  FY  2020­21) imum investment is 500 bonds Federal Bank 7.90­7.95 7.90­8.00 7.95­8.05
Section  54EC  was  available  on stays  till  the  maturity  of  the (₹50 lakh). HDFC Bank 6.95­7.50 6.95­7.75 6.95­7.85
reinvestment of long­term gain bonds  and  the  interest  is  paid ICICI Bank 6.95­7.85 6.95­7.95 7.20­8.05
on sale of any capital asset. But out  once  every  year.  The  in­ Ifs and buts Key features Indian Bank 7.15­7.25 7.15­7.35 7.25­7.50
Budget 2018 brought about two terest  payment  date  differs  – They  are  useful  but  Section IOB  7.05 7.05­7.15 7.15­7.30
■
5­year  tenure
important  changes.  One,  it  re­ NHAI pays interest on its bonds 54EC bonds come with some re­ IDBI Bank 7.50­8.50 7.50­8.50 7.50­8.50
stricted  the  benefit  to  long­ in  April,  REC  pays  in strictions. The bonds ■
Interest  rate  5%  pa  for J&K Bank 7.20­7.30 7.20­7.30 7.20­7.60
Karnataka Bank 8.17­8.99 8.17­8.99 8.17­8.99
term  gains  from  sale  of  only June, PFC pays in July are non­transferable, FY  2020­21  (from
Scan & Share KVB 8.20­10.05 8.20­10.05 8.20­10.05
land  or  building  or  both.  Also, and  IRFC  pays  in  Oc­ non­marketable  and August  1)
Kotak Mahindra Bank 7.10­9.20 7.10­9.20 7.10­9.30
the  tenure  of  the  specified tober.  The  principal non­negotiable. ■
Annual  interest PNB 7.00­7.25 7.00­7.35 7.10­7.60
bonds  was  increased  from amount  is  returned Given that the bonds
payment;  taxable Punjab&Sind Bank 6.90­7.25 6.90­7.25 6.90­7.25
three years to five years. on  maturity  at  the cannot  be  trans­ SBI  6.95­7.35 6.95­7.50 7.20­7.60
end of five years. ferred,  they  are  also South Indian Bank 7.85­9.10 7.85­9.10 7.85­9.25
High safety, effective returns The  interest  pay­ not  listed  on  any TMB 8.45 8.45 8.45
The  Section  54EC  bonds  being ment  is  taxable  but stock  exchange.  In UCO Bank 7.15­7.25 7.15­7.25 7.15­7.25
issued by the four government­ there  is  no  tax  deduction  at effect,  the  bonds  have  a  lock­in Union Bank 6.70­7.10 6.70­7.10 6.95­7.15
run  entities  have source. The annual interest rate of  five  years.  Also,  the  bonds Fixed rates
been  rated  AAA,  in­ of  5  per  cent  may  seem  low cannot  be  offered  as  security Axis Bank 12 12 12
compared  to  what for any loan or advance. HDFC Bank 7.45­7.95 7.40­8.10 7.55­8.20
other  fixed  income In  case  the  investor  transfers IDBI Bank 9.85­10.10 9.85­10.10 9.85­10.10
investment  options the  bonds  or  converts  them Union Bank of India 11.4 11.40­12.40 12.40­12.65
in  the  market  cur­ into  money  before  five  years, Housing finance companies
rently  offer.  But  the the  capital  gains  exempted Floating rates
savings  on  capital from  tax  earlier  will  be  re­ Tata Capital 8.50­8.75 8.50­8.75 8.50­8.75
Piramal Cap. and HF >=9.65 >=9.65 >=9.65
gains  tax  can  add versed. Also, if the investor uses
PNB Housing 8.60­9.95 8.60­9.95 8.60­9.95
significantly  to  the the  bonds  as  security  to  get
Central Bank Housing  10.10­11.30 10.10­11.80 10.10­11.80
effective  returns  of loans  or  advances,  it  will  be
HDFC 6.95­7.65 6.95­7.90 7.20­8.00
Section  54EC deemed  that  the  bonds  have
Indiabulls HF >=8.99 >=8.99 >=8.99
bonds. been converted into money and Aditya Birla Housing
The  minimum capital  gains  exempted  from Finance Ltd 9.00­12.50 9.00­12.50 9.00­12.50
tax  earlier  will  be Bajaj Finserv >=7.5 >=7.5 >=7.5
reversed. Reliance Home
Finance 9.75­13.00 9.75­13.00 9.75­13.00
GIC Housing Finance 9.10­12.50 9.10­12.50 9.10­12.50
Sundaram Home
Finance Ltd >=8.6 >=8.6 >=8.6
Fixed rates
HDFC 7.40­8.10 7.40­8.25 7.55­8.35
Note:Rates that vary with tenures within the specified loan amounts
are indicated as a range. Fixed interest rates may be subject to a
revision after a specified tenure. Rates may also apply only for a
definite period and change to floating thereafter. Data taken from
respective bank’s website as on August 10, 2020. Contributed by
BankBazaar.com, an online marketplace for comparing loans and
insurance products.
Coming Up
Aug 13 (Thursday)
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Your Money
ISTOCKPHOTO
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CHENNAI
BusinessLine
WEDNESDAY • AUGUST 12 • 2020
PM urges 5 States worst-hit by Covid to ramp up testing
CMs underscore need for integrated
medical infra; request Health Ministry’s
guidance in conducting sero-surveys
OUR BUREAUS
New Delhi, August 11
Prime  Minister  Narendra  Modi
on Tuesday urged Bihar, Gujarat,
Telangana,  Uttar  Pradesh  and
West Bengal – which along with
five  other  States  account  for
nearly 80 per cent of the current
Covid­19 cases — to ramp up test­
ing  as  they  were  reporting
higher levels of infections.  those  succumbed  to  the  pan­
“In those States where testing
rate is low and positivity rate is
high, there is a need for ramping
up testing,” Modi said in a virtual
meeting  with  chief  ministers.
Apart  from  Chief  Ministers  of
these  States,  their  counterparts
in  Andhra  Pradesh,  Karnataka,
Maharashtra, Punjab and Tamil
Nadu  also  participated  in  the
video conference with the Prime
Minister.  health  infrastructure  in  the
As  against  the  national  aver­
age of 506 tests per day per mil­
lion, West Bengal is testing 256,
Telangana 337, Gujarat 389, Uttar
Pradesh  398  and  Bihar  519
currently.
Pilot’s rebellion, a closed chapter: Congress BMS may join platform of Central Trade Unions
OUR BUREAU
New Delhi, August 11
The Congress is in no hurry to
find a new role for its former
president  of  the  Rajasthan
unit, Sachin  Pilot.  A  final  call
on  Pilot’s  new  assignment
will  be  taken  only  after  the
proposed  three­member
panel of the AICC, the names
of  the  members  to  be  an­
nounced  “soon”,  submits  its
report  to  Congress  president
Sonia Gandhi.
“All is well that ends well”
Meanwhile, the Congress said
the  “Rajasthan  political  tur­
moil” is a closed chapter now.
“All  is  well  that  ends  well,”
Congress’s  media  in­charge
Randeep Singh Surjewala said
addressing reporters through
Happy faces
Children play cricket under a huge wall painting at the resettlement colony in
Thoraipakkam, a suburb to the south of Chennai. The art work is created by a Delhi-
based NGO under the Public Art District project BIJOY GHOSH
BJP urges TN govt to do Cochin International Airport posts Southern Railways’ covered
away with travel restrictions loss in Q1 due to Covid-19 impact car carrier rakes on a roll
OUR BUREAU
Chennai, August 11
After the DMK, the BJP has now
urged the Tamil Nadu govern­
ment  to  dispense  with  e­pass
for  movement  between  dis­
tricts.  People  are  facing  hard­
ship due to the e­pass system,
said BJP Tamil Nadu president L
Murugan.
No other State has e­pass sys­
tem to travel within the State,
he said.
E­pass  was  introduced  to
curb the spread of Coronavirus.
However,  since  a  lot  of  relaxa­
tions  have  been  introduced
across  the  State,  many  people
are finding it difficult to travel
between  districts.  Even  for
emergency purposes, it has be­
come  difficult  to  get  e­passes,
Murugan said seeking removal
of the e­pass system.
Four days ago, the DMK chief
Stalin  urged  the  State  govern­
ment  to  cancel  the  e­pass  sys­
tem  as  it  was  causing  incon­
venience  to  people.  He  also
CM
YK
Modi  said  if  the  virus  is  de­
feated in these 10 States, the en­
tire  country  will  emerge
victorious  in  the  battle  against
Covid­19.  His counterpart in Telangana, K
The  total  number  of  con­
firmed  Covid­19  cases  in  the
country as on Tuesday was 22.68
lakh  of  which,  accounting  for
those  that  have  recovered  and
demic, 6.39 lakh are active cases.
As  many  as  15.83  lakh  have  re­
covered while 45,257 people have
died.
While providing feedback on
the ground situation in their re­
spective States, the Chief Minis­
ters  appraised  the  PM  about
steps  being  taken  to  increase
testing, use of telemedicine and
efforts being made to ramp up
States. They also underlined the
need for setting up an integrated
medical  infrastructure  and  re­
quested  Heath  Ministry’s  guid­
ance  in  conducting
sero­surveillance surveys.  under the Emergency Response
video conferencing from Jais­
almer. He claimed victory for
the Congress and said the “vis­
ion”  of  senior  leader  Rahul
Gandhi,  maturity  shown  by
Chief  Minister  Ashok  Gehlot
and  the  inherent  belief  and
commitment  of  Pilot  are  the
reasons  behind  Congress’s
victory. When asked about the
his  earlier  comments  asking
Pilot to come out of BJP’s pro­
tection,  he  said  hot  words
were  exchanged  and  some
bitterness was there between
the  rebels  and  the  party  and
after  Monday’s  meeting,  it
should  be  considered  as  a
closed chapter.  will  try  to  resolve  the  griev­
Gehlot  maintained  that
there  is  no  threat  to  his  gov­
ernment and it will complete
the  full  term.  “A  three­mem­
alleged  corruption  in  getting
e­passes.
However, Chief Minister Edap­
padi  K  Palaniswami  ruled  out
dispensing  with  the  e­pass  sys­
tem.  Recently  speaking  to  re­
porters  in  Madurai,  Palan­
iswami said only because of the
restrictions  of  people,  the
Coronavirus has not spread.  incurred  a  loss  of  ₹72  crore
Covid-19 update
Meanwhile, a further 5,834 cases
of coronavirus was reported in
the last 24 hours in Tamil Nadu
to take the total number of infec­
tions  to  3.08  lakh.  After  dis­
charge of 6,005 (total 2.50 lakh)
Covid­19  patients  today,  the
number  of  active  cases  was
52,810.
On  Tuesday,  118  covid­19  pa­
tients  died  to  take  the  total
deaths due to the virus to 5,159. A
total  of  67,492  samples  were
tested. In Chennai, the number
of  new  cases  was  986;  dis­
charged  ­  1,108;  deaths  ­  23  and
active cases ­ 11,130.
Prime Minister Narendra Modi speaks during a discussion with the Chief Ministers via video
conferencing on the Covid-19 situation, in New Delhi on Tuesday PTI
Tamil Nadu’s demand
Chief Minister Edappadi K Palan­
iswami used the opportunity to
request  the  Prime  Minister  for
special grant of ₹ 9,000 crore to
combat the pandemic and mitig­
ate  its  impact  on  the  State  eco­
nomy.  ter  Uddhav  Thackeray,  adding
He further said that the State
has so far received ₹512.64 crore
from the Centre in two tranches
Congress’s media in-charge
Randeep Singh Surjewala
ber  committee  has  been
formed by the Congress party
to  resolve  the  grievances.  We
ances  of  the  people  who  had
left us and came back recently.
We  will  discuss  their  prob­
lems and resolve them. Peace
OUR BUREAU
Kochi, August 11
Global  travel  restrictions  fol­
lowing  the  Covid­19  pan­
demic  has  dented  the  per­
formance  of  Cochin
International  Airport  Ltd  in
the first quarter of FY20­21. It
during the quarter.  CIAL was handling around 240
The aircraft and passenger
movements  has  come  down
to  36  services  and  2,300  pas­
sengers  per  day  in  the  first
quarter,  triggering  a  huge
fall  in  revenue.  The  first
quarter  revenue  was  ₹19
crore.  also  registered  a  consolid­
CIAL was handling around
240  aircraft  movements  and
30,000 passengers daily dur­
ing  the  pre­pandemic
period, a  statement  issued
here said.
For  2019­20,  the  company
has  registered  a  profit  of
₹204.05  crore.  The  holding
company  having  100  per
and  Health  Systems  Prepared­
ness package of a total of ₹712.64
crore  allotted.  “I  request  this
package for the Tamil Nadu may
be stepped up to ₹3,000 crore as
per  my  earlier  request,” Palan­
iswami said.  the State,” said State Chief Minis­
Maharashtra
The State which has the highest
number  of  Covid  cases  in  the
country,  informed  the  meeting
and brotherhood will remain
in our party. Our government
will  complete  its  full  term  of
five years and we will win the
next elections as well,” Gehlot
said in Jaipur.
He maintained that the BJP
was  trying  its  level  best  to
topple  his  government.  “BJP
tried its best to topple the gov­
ernment,  but  in  the  end,  all
our  party  MLAs  are  together,
not even a single member has
left us. None of our MLAs fell
for horse­trading. This is a vic­
tory  of  the  people  of  Ra­
jasthan.  Income  Tax  and  CBI
are  being  misused  and  polit­
ics is being done in the name
of religion by them. They are
dividing people on religion to
gain votes and retain power,”
Gehlot claimed.  adhyay,  Reddy  said  it  is  time
KCR wants more river water allocation for Telangana
Expresses concern
over Centre’s, AP’s
approach to river
water sharing
V RISHI KUMAR
Hyderabad, August 11
Telangana  Chief  Minister  K
Chandrashekhar Rao has ex­
pressed  concern  over  the
Centre’s  approach  to  shar­
ing of Krishna and Godavari
river  water  and  the  AP  gov­
ernment’s  “baseless  and  un­
necessary fuss” over the pro­
jects  being  constructed  in
Telangana.  given  and  huge  funds
“We  need  to  get  1,000  ad­
ditional  TMC  in  Godavari
surplus  water.  Godavari  has
more  catchment  area  in  Tel­
angana State. River Godavari
flows  in  more  area  in  Telan­
gana  and  the  State needs
more  water.  Of  the  2,000
TMC  that  goes  into  the  sea,
the  Telangana  State  should
at  least  be  allocated  1,000
TMC  more,”  the  CM  reques­
ted the Centre.
He  said  that  the  State
aircraft and 30,000 passengers
daily during the pre-pandemic
period
cent  shares  in  subsidiaries
like  Cochin  Duty  Free  and
Retail  Services  Ltd  (CDRSL)
ated  turnover  of  ₹810.08
crore.  It  has  invested  heavily  in
CIAL alone has registered a
turnover  of  ₹655.05  crore
with  a  profit  (after  tax)  of
204.05  crore  during  FY  2019­
20. The profit in the previous
fiscal  was  ₹166.91  crore.  The
Y­o­Y growth of profit is 22.25
per  cent.  The  consolidated
about  its  plans  to  set  up  “epi­
demic  control  hospitals”  in
Mumbai and other districts. “The
fight against Covid­19 is not yet
ended. We will ensure that there
is no second wave of Covid­19 in
that hospitals in the State have
3.5 lakh beds with oxygen, ventil­
ators and other required facilit­
ies to treat Covid.  TM  Vijay  Bhaskar.  The  State  re­
AM JIGEESH
New Delhi, August 11
The RSS­affilliated trade union
Bharatiya  Mazdoor  Sangh
may  soon  come  back  to  the
joint  platform  of  about  10
Central  Trade  Unions  (CTUs)
belonging  to  the  Opposition
camp.  INTUC  president  and
senior Congress leader G San­
jeeva Reddy has taken an initi­
ative to bring the BMS back to
hold joint protests against the
Centre’s policies and the BMS
has  considered  the  request
positively.  The  BMS  had  left
the association with the CTUs
after  Narendra  Modi  govern­
ment  came  to  power  at  the
Centre.
In  a  recent  letter  to  BMS
general  secretary  Virjesh  Up­
would  place  all  data  from
Telangana  at  the  forthcom­
ing Apex Council meeting to
make  it  clear  the  unjust
stand  taken  by  the  AP  gov­
ernment  and  the  Centre.
KCR expressed regrets at the
AP  government  for  lodging
false  complaints  against
Telangana.
“We  are  constructing  pro­
jects  based  on  our  share  of
the river waters. It is not cor­
rect  to  raise  objections  on
the  projects  whose  alloca­
tion  of  water  was  agreed
upon  before  the  formation
of  Telangana,  permissions
spent,” the CM observed.
Projects construction
“The  Central  government  is
also raising unnecessary ob­
jections  over  releasing  wa­
ter from Srisailam to Nagar­
juna Sagar. Only after filling
up  of  Nagarjunasagar  pro­
ject  that  other  projects
should be filled up with wa­
ter.  In  fact,  Srisailam  is  not
an  irrigation  project.  It  is  a
hydroelectric project (Hydel
profit (including that of sub­
sidiaries)  for  the  FY  2019­20
is ₹226.23 crore.  Korean  auto  major  Hyundai
The director board chaired
by  the  State  Chief  Minister
Pinarayi  Vijayan  has  pro­
posed  a  dividend  of  27  per
cent  which  has  to  be  en­
dorsed  by  the  annual  gen­
eral meeting of shareholders
slated  to  be  held  on  Septem­
ber 5.  ated the second BCACBM rake
CIAL  has  been  giving  di­
vidend  since  FY  2003­04  and
total  dividend  pay­out  will
touch  282  per  cent  with  this
financial  year.  The  company
has  around  19,500  share­
holders from 30 countries.
installing  safety  equipment
and  health  surveillance  sys­
tems  to  ensure  safe  travel
both to passengers and crew
during the pandemic period.
It  had  also  spend  around
₹129 crore in the flood mitig­
ation projects.  in the run between Walajabad
Andhra Pradesh
Chief  Minister  YS  Jagan  Mohan
Reddy sought greater assistance
from the Centre saying that “the
new State has neither has big cit­
ies nor hospitals with huge infra­
structure.”  State to increase the number of
Telangana
Chandrasekhar  Rao,  impressed
upon the Prime Minister of the
need for the Centre and the State
working together to implement
a comprehensive strategy to im­
prove medial facilities. “Corona
experience has taught us a lesson
that there is an urgent need to
step up medical facilities in the
country. A visionary outlook and
thinking  is  necessary  to  take
proper  and  adequate  measures
in the medical sector for a better
future,” Rao said.  ment  and  usage  of  Covid  vac­
Karnataka
With  Chief  Minister  BS  Yediy­
urappa still in home quarantine
after his recovery from Covid in­
fection, Karnataka was represen­
ted by two senior ministers — CN
Ashwath  Narayan  and  K  Sud­
hakar and State Chief Secretary
for a united approach to safe­
guard  the  interests  of  work­
ers.  BMS  president  CK  Saji
“The  Central  Government
continues with its arrogant at­
titude  of  going  ahead  with
privatisation and sale of PSUs.
The  government  is  also  mov­
ing  ahead  with  the  labour
codes  with  no  respect  and
concern  towards  the  trade
union rights and tripartism.”
The  joint  platform will  be
happy  if  the  BMS  could  join
the  proposed  agitations
against the Centre.  governments that hurt the in­
Upadhyay,  replied  it  is  a
great pleasure that INTUC has
invited  the  BMS  for  such  an
agitation and said it has direc­
ted its sectoral unions to join
the  movement  along  with
other  trade  unions.  “We  as­
Telangana Chief Minister
K Chandrashekhar Rao
power project). Without tak­
ing  these  facts  into  consid­
eration,  the  Centre  raising
objections is not proper. As a
State,  Telangana  has  rights
and is constructing projects
based  on  its  rights,”  the  CM
said.
“In  Godavari,  Krishna
basins,  projects  are  con­
structed based on the State’s
rights.  The  projects,  which
are  being  constructed  now,
were sanctioned at the time
of  formation  of  the  State.
Water  allocations  were
made for these projects. Per­
OUR BUREAU
Chennai, August 11
After  Renault  Nissan,  the
has now started transporting
cars  from  Walajabad  near
Chennai  to  Farrukhnagar  in
Haryana  using  the  Bogie
Covered  Autorake  Double
Decker Wagon (BCACBM).
The  Chennai  Division  of
Southern Railways today oper­
carrying  270  cars  in  associ­
ation with Transport Corpora­
tion of India Limited (TCI).
As a part of the Business De­
velopment  Unit,  the  Chennai
Division  has  joined  hands
with TCI for the first time, ex­
tending its business horizon.  hands  with  Trac  1  logistics  for
The BCACBM rake is owned
by TCI. Each wagon can carry
10­12 cars with 27 wagons com­
prising one rake. Initially three
rakes  are  likely  to  be  loaded
from Walajabad every month.
The  total  distance  covered
NEWS
quested  the  Centre  to  allow  to
utilise the services of final year
medical  students  and  students
of paramedical courses in Covid
and related activities. They also
wanted the Centre to allow the
MBBS  seats  and  postgraduate
seats  by  10,000  and  2,000  re­
spectively,  and  insist  on  com­
pulsory government service for
those who complete postgradu­
ate courses.  and  is  continuously  going
West Bengal
Chief Minister Mamata Banerjee
sought the Centre's help in pro­
curing  more  ventilators  and
high  nasal  canulas  (that  allow
supplementary  flow  of  oxygen
to patients in need of respiratory
help). She also wanted to know
about  guidelines  on  procure­
cines.  tails  of  the  hospital  infrastruc­
Defence  Minister,  Finance
Minister  and  Health  Minister
among  others  attended  the
meeting.  treatment facility at the patients’
The  Prime  Minister  asked  all
the States to follow the mantra of
tracing­and­testing all those who
have come in contact with an in­
fected  person  within  72  hours
G Sanjeeva Reddy, INTUC president
sure you that the BMS is work­
ing in its full capacity to fight
these  policies  of  successive
terests  of  the  workers  of  the
country.  We  assure  that  the
BMS will stand up to the cause
of  workers  under  all  circum­
stances  without  politicising
the  issues,  standing  true  to
our  non  political  nature  and
missions  from  all  the  Insti­
tutions  concerned  were
given  including  the  Centre
Water  Commission  (CWC).
About  ₹23,000  crore  funds
were  already  spent  and
31,500 acres of land were ac­
quired. Having made such a
progress,  calling  them  new
projects is absurd,” he said.
“The  Telangana  Statehood
movement  began  against
the  united  AP  rule  as  a  dis­
satisfaction  over  projects
not  being  completed  des­
pite  the  water  allocations
and  discrimination  being
done  on  the  Irrigation  sec­
tor to the Telangana region,”
Rao said.
The  CM  stated  Pranahita­
Chevella  project  was  re­
designed  to  construct
Kaleswaram  project,
Kanthanapally  redesigned
to  construct  Sammakka
Sagar,  Rajiv  Sagar,  Indira
Sagar  redesigned  to  con­
struct  Sitarama  Project,  and
Dummugudem  is  re­
designed  to  construct
Sithamma  Sagar  and  that
they are not new projects.  ing Justices R Subhash Reddy
to  Farrrukhnagar  is  2,306  km
fetching  ₹29.90  lakh,  says  a
press  release  from  Southern
Railways.
Chennai  Division  launched
BCACBM traffic as an attractive
new stream to offer a dynamic
logistic  solution  to  the  auto­
mobile  industry,  the  release
said.
The  first  rake  of  BCACBM
commenced on August 8 from
Walajabad  to  Farrukhnagar.
The first rake of Trac 1 Logistics
carried 282 Renault Nissan cars.
The  Chennai  Division  of
Southern  Railway  recently  set
up  the  BDU  to  strengthen  the
customer base. As a part of BDU,
Chennai  Division  has  joined
the  first  time  in  extending  its
business areas. It is noteworthy
that  Trac  1  Logistics,  which  in
turn has tied up with Oriental
carriers, a multi­modal auto lo­
gistics  and  freight  manage­
ment  company,  the  release
said.
9
and  added  that  containment,
contact tracing and surveillance
are  the  most  effective  weapons
against the Covid pandemic. 
He expressed confidence that
the country can bring down the
fatality rate below one per cent.
On  Tuesday,  for  the  first  time,
case  to  fatality  rate  in  India
dropped below 2 per cent. “The
current  fatality  rate  in  India  is
among the lowest in the world
down,”  the  Prime  Minister  was
quoted as saying. 
Gujarat
The Chief Minister Vijay Rupani
stated that Gujarat has achieved
one of the highest recovery rates
at 76 per cent. Over 10 lakh tests
were carried out on Monday. Gu­
jarat  is  testing  456  per  million
population. He also provided de­
ture  and  initiatives  such  as  the
Dhanvantari  Rath,  a  mobile
treatment  facility  that  provides
doorstep.
With inputs from other BL
Bureaus in Bengaluru, Chennai,
Hyderabad, Kolkata and Pune
policy  of  responsive  coopera­
tion.” 
Narayanan  told  BusinessLine
“Our  understanding  is  that
the  fight  against  these
policies should be united. We
have  certain  problems  with
the  attitude  of  some  Leftist
trade unions. They hold posi­
tions in their political parties
and  they  try  to  implement
their political agenda among
the  workers,  which  we  op­
posed.  Now,  we  welcome
Reddy’s  letter  and  have  re­
sponded  positively.  Our  uni­
ons in civil aviation, coal and
defence production have been
working with the other trade
unions in the protests, includ­
ing in the call for an indefinite
strike in Ordnance factories.”
4G services on
trial basis in one
district each of
J&K: Centre to SC
PRESS TRUST OF INDIA
New Delhi, August 11
The  Centre  on  Tuesday
told the Supreme Court that
a special committee looking
into the issue of internet res­
toration  in  Jammu  & Kash­
mir  has  decided  to  provide
4G internet access on a trial
basis in limited areas of the
union territory after August
15.
A bench headed by Justice
NV  Ramana  was  told  by  At­
torney  General  KK  Venugo­
pal,  appearing  for  the
Centre,  that  the  committee
has decided that the trial will
be done in one district each
in J&K division.
He  said  that  the  Commit­
tee  has  decided  that  access
to  4G  internet  will  be  given
in  a  calibrated  manner  and
outcome  of  the  trial  will  be
reviewed after two months. 
The  bench  also  compris­
and  BR  Gavai  said  this  is  a
fairly good stand on the part
of  the  respondents  (Centre
and J&K administration). 
High  speed  internet  ser­
vice  was  suspended  in  Au­
gust  last  year  when  the
Centre  announced  revoca­
tion of its special status and
bifurcation of the state into
two  UTs  —  Ladakh  and
Jammu and Kashmir.
On August 7, the top court
had  asked  the  J&K  adminis­
tration to explore the possib­
ility of restoring 4G services
in certain areas of the Union
Territory. 
.. .... . . . ..

10 NEWS
Covid­19 and slowdown impact life insurers
Companies to approach IRDAI as
persistency levels, interest rates fall
SURABHI
Mumbai, August 11
Concerned  about  falling  per­
sistency  levels,  rising  claims
and  low  interest  rates,  many
life  insurance  companies  are
set to approach the insurance
regulator  to  find  ways  to
manage these risks.
“The  Covid­19  pandemic
and  subsequent  slowdown
have impacted  insurance
companies. New business has
dropped  and  the  trend  is
likely to continue. If the slow­
down continues, there will be
a drop in persistency levels as
people  who  have  faced  wage
cuts,  job  losses  and  business
failures  will  be  averse  to  re­
newing their policies,” said a
life insurance company exec­
utive.  He  also  pointed  out
HDFC closes QIP, raises ₹14,000 crore
OUR BUREAU
Mumbai, August 11
Mortgage  lender  Housing  De­
velopment  Finance  Corpora­
tion (HDFC), on Tuesday, said it
has  successfully  completed
capital raise of ₹14,000 crore.
“The issue has been oversub­
scribed  overall.  The  equity
shares and warrants offered in
the  qualified  institutional
placement  have  been  sub­
scribed to by 326 diverse mar­
quee  institutional  funds,”  it
said.
According to a regulatory fil­
ing, Government of Singapore
got 13.37 per cent of the equity
shares in the QIP, while Invesco
Oppenheimer  Developing
Market Fund was allotted 5.54
per cent of the shares.
Reliance,  Ventures  Ltd,  SBI
Bluechip  Fund  and  Kotak  Bal­
anced  Advantage  Fund  are
some of the investors to whom
warrants  were  allotted,  while
Axis  Bank,  ICICI  Bank,  Kotak
Mahindra  Bank  and  Morgan
SIB gets approval to start non­financial subsidiary
OUR BUREAU
Kochi, August 11
South  Indian  Bank  (SIB)  has
received  in­principle  ap­
proval from the Reserve Bank
of  India  to  set  up  a  wholly­
owned  non­financial  subsidi­
ary.  The subsidiary is a step for­
The  subsidiary  will  com­
mence  operations  once  the
bank  completes  the  related
formalities  and  after  obtain­
ing  final  approval  from  the
regulators.  “The  subsidiary
CM
YK
that  life  insurers  are  facing
high  mortality  claims  due  to
Covid­19­related deaths.  ous  months,  life  insurers  in
Further,  the  low  interest
rates  could  also  impact  the
non­participating  portfolio
of  insurance  companies  that
give guaranteed returns.
“We  have  to  keep  a  watch
on all these issues, as if these
trends  are  prolonged,  it
would  begin  to  impact  the
solvency margin of insurers,”
he said, adding that they will
discuss  with  the  Insurance
Regulatory and Development
Authority of India (IRDAI) on
ways to mitigate the risks.  to  ₹12.6­lakh  crore  between
Another  executive  with  a
life  insurance  company
noted  that  many  companies
are  facing  these  challenges
during  this  period  of
Stanley Asia are among the in­
vestors  who  were  allotted
NCDs.
HDFC  raised  ₹10,000  crore
through  the  issue  and  allot­
ment of 5.68 crore shares at an
issue price of ₹1,760 per share. 
It has also received ₹307.03
crore  upfront  through  the  is­
sue, and allotment of 1.70 crore
warrants  at  an  issue  price  of
₹180 per warrant.  Private sector lender Axis Bank
Further, HDFC raised ₹3,693
crore  through  the  issue  of  re­
deemable  non­convertible
debentures at par, for a tenor of
three years, carrying an annu­
alised coupon rate of 5.40 per
cent per annum.
“The  proceeds  of  the  issue
will  be  used  towards  general
corporate purposes and finan­
cing  organic  and  inorganic
business  opportunities  that
may  arise,  including  funding
expansion plans of subsidiary
and associate companies of the
corporation,” it said.
Assuming  all  the  warrants
would  enable  us  to  stream­
line and optimise various op­
erations so as to improve the
overall  productivity  and  effi­
ciency of the institution” said
VG  Mathew,  Managing  Dir­
ector and CEO of SIB.  ating  major  expansion  in
ward  in  consolidating  SIB’s
position  as  a  retail  banking
power house.  umbrella, the bank would be
The  bank  has  already  cent­
ralised all its operations, both
on  the  liability  and  asset
The sector reported a decrease of 12% in first­year premiums to
₹72,321.5 cr between April and July from ₹82,146.5 cr a year ago
Covid­19­led  slowdown  and
are  hoping  to  discuss  it  with
the IRDAI.  is  also  facing  a  number  of
“While  the  drop  in  sales
and persistency levels are the
are  exercised  by  investors
within the next three years, the
corporation  would  receive  an
additional ₹3,386 crore by way
of  securities  premium,  it  fur­
Axis Bank raises ₹10,000 cr  The  Confederation  of  All­India
OUR BUREAU
Mumbai, August 11
has  raised  ₹10,000  crore
through  a  qualified  institu­
tional placement (QIP).  It  also  urged  that  technology
“Despite  a  challenging
macro­economic environment,
the  placement  has  witnessed
strong  reception  from  the
global  and  domestic  investor
community,  including  several
large  foreign  portfolio  in­
vestors, domestic mutual funds
and  insurance  companies,”  it
said in a statement on Tuesday,
adding that the deal was over­
subscribed with the aggregate
final  transaction  size  being
₹10,000 crore. The QIP issuance
sides.  With  the  setting  up  of
the  subsidiary,  the  bank  will
be able to further streamline
its operations and achieve sig­
nificant  gains  on  the  effi­
ciency and cost fronts, facilit­
business in the retail sector.  Directorate  General  of  Civil
By centralising various out­
sourced  functions  under  one
better equipped to expand its
operations  besides  cutting
down expenses significantly.  television  channels  soon
most  obvious  impact  of  the
current situation, the sectors
other issues,” he said, adding
that  it  is  expected  that  there
ther said, adding that the max­
imum equity dilution possible
under the issue would be up to
4.26  per  cent  of  its  enhanced
equity share capital.
was done at a price of ₹420.10
per equity share, which was at a
discount  of  5 per  cent  to  the
floor price of ₹442.19 per share,
it further said.  we  believe  that  such  measures
Investors who participated in
the  round  of  capital  raise  in­
clude  ICICI  Prudential  Mutual
Fund, Aditya Birla Sun Life Mu­
tual Fund, Fidelity Investments,
T Rowe  Price,  Bajaj  Life  Insur­
ance and Max Life Insurance.
AIR INDIA EXPRESS CRASH
Pilots want DG removed for jumping to conclusions
OUR BUREAU
New Delhi, August 11
The  Indian  pilot  community
has  called  for  the  sacking  of
the  Director  General  of  the
Aviation  (DGCA)  in  the  in­
terest of “flight safety”.
The pilot community is up­
set  about  some  of  the  re­
marks  that  the  DG  made  to
after an Air India Express air­
craft  crashed  at  Kozhikode
on August 7 killing 18 people.
The  DG  is  alleged  to  have
said  that  the  “landing  was
not appropriate” in an inter­
view  with  one  television
channel  and  that  “landing
was  not  smooth”  to  another
channel.  earlier flying with Indian Air­
In a communication to the
Minister  of  Civil  Aviation,
SoftBank registers $12­b
profit after record losses
BLOOMBERG
August 11
Masayoshi Son is launching a
new  asset  management  ven­
ture to buy stocks in publicly
traded  companies,  expand­
ing SoftBank Group Corp’s in­
vestment  efforts  after  it  re­
bounded  from  record  losses
to  post  a  profit  in  the  first
fiscal quarter.
The  Tokyo­based  com­
pany’s  net  income  hit  ¥1.26
trillion  ($11.8  billion)  for  the
three months ended June 30,
following  a  loss  of  ¥1.44  tril­
lion three months earlier. The
profit  was  boosted  by  more
than  ¥1  trillion  in  one­time
gains from the sale of Sprint
Corp  and  shares  in  T­Mobile
US Inc.
Son  has  been  shifting  his
attention  to  investments  in
recent  years  after  building
his  fortune  in  the  telecom
sector. He said the asset man­
agement  initiative  expands
on  previous  efforts  like  the
$100­billion  Vision  Fund,
which  he  set  up  three  years
ago  to  take  stakes  in  private
start­ups.  Uber  Technologies  Inc  and
The  asset  management
arm  has  already  purchased
shares in Apple Inc, Amazon­
.com Inc and Facebook Inc.
could  be  a  revival  from  the
third quarter of the year.
First-year premiums
After  registering  a  drop  in
first­year  premiums  in  previ­
the  month  of  July  saw  posit­
ive growth with a 6.9 per cent
increase  in  first­year  premi­
ums  (year­on­year)  to
₹22,986.1 crore.
A recent  report  by  CARE
Ratings noted that the sector
reported  a  decrease  of  12  per
cent in first­year premiums to
₹72,321.5  crore  between  April
and July 2020 from ₹82,146.5
crore a year ago.  antly  higher  in  the  total
The  overall  sum  assured,
too,  declined  by  9.2  per  cent
April and July this year.  Life Insurance Corporation
Renewal payments
Another report by Motilal Os­
wal said that due to the lock­
Traders’ body urges govt to ban
Huawei and ZTE in 5G projects 
OUR BUREAU
New Delhi, August 11
Traders (CAIT), on Tuesday, wrote
to Ravi Shankar Prasad, Minister
for  Electronics  and  Information
Technology, to ban Chinese com­
panies Huawei and ZTE from par­
ticipating in 5G network roll­out
in the country.
and equipment of both compan­
ies be banned from use in 5G net­
work  roll­out  by  any  company
(telecom operators).  China not only in India but across
“Considering the various steps
taken by the government in June,
will pave the way for an opportun­
ity for Indian companies to create
their own software and hardware
required for 5G network and res­
ult in a robust telecom infrastruc­
ture, which will be beneficial for
improving the country’s exports
Hardeep  Puri,  the  Indian
Commercial  Pilots  Associ­
ation  (ICPA)  and  the  Indian
Pilots Guild (IPG) alleged that
the  DG’s  remarks  to  some
television  channels  is  violat­
ive of Annex 13 of the Conven­
tion  on  International  Civil
Aviation,  which  is  the  bind­
ing document to be followed
during an accident investiga­
tion. 
It  states  that  the  sole  ob­
jective of the investigation of
an accident is the prevention
of  accidents  and  incidents
and the purpose is not to ap­
portion  blame  or  liability.
The  ICPA  represents  the  in­
terests  of  the  pilots  of  nar­
row­body  aircraft  who  were
lines,  while  IPG  represents
the  interest  of  pilots  who
“As  an  investment  com­
pany, we need to explore vari­
ous angles and scope. But our
focus  is  still  on  companies
driving  the  information  re­
volution,”  said  Son.  “This  is
the  purpose  of  our
company.”
SoftBank  will  own  67  per
cent  of  the  asset  manage­
ment firm, while Son person­
ally will own the rest. He said
the  unit  would  have  about
$555 million in capital.
The  Japanese  billionaire
has  pulled  off  a  remarkably
speedy  comeback  after  the
worst  loss  in  his  company’s
39­year history. A global rally
in  technology  shares  lifted
the value of SoftBank’s stakes
in  publicly  traded  firms  like
improved  the  prospects  for
startups in its portfolio, from
China’s  Didi  Chuxing  to
South Korea’s Coupang.
down  in  April  and  May  and
choppy  markets,  persistency
trends  were  weak  as  custom­
ers  utilised  the  grace  period
in making renewal payments.  the  black,  reporting  a  stan­
“Among  the  segments,  de­
cline  was  seen  in  persistency
in  ULIPs,  while  improving
trends  were  observed  in  pro­
tection.  quarter.
“However, most insurers in­
dicated  that  renewal  trends
were  gradually  picking  up
and  better  trends  would  be
seen in the coming quarters,”
it  said,  adding  that  overall,
the  share  of  market­linked
savings  products  is  signific­
premium  mix  and  so  it  re­
mains  watchful  of  near­term
persistency.
of  India  recently  initiated  a
special two­month long cam­
paign for revival of lapsed in­
dividual LIC policies.  age,  forex  income,  profit  from
and imports to a greater extent,”
said  Praveen  Khandelwal,  Na­
tional Secretary General, CAIT, in
the letter.
Both Huawei and ZTE have ap­
plied for participating in 5G net­
work infrastructure to be rolled
in the country soon.
‘China’s dominance’
“There is great apprehension that
Huawei technology may provide
an inner system to enable surveil­
lance. There is a rapid distrust of
the globe, and this is further in­
creased by China’s policy to con­
trol and dominate various sectors
through  its  software  and  hard­
ware  system,  the  Covid  pan­
demic, and recent events of a war­
like situation in border areas,” he
further wrote.  metro projects. These steps have
He  said  the  attack  in  Galwan,
Ladakh highlights the need for a
flew  with  Air  India.  The  two
airlines  have  now  been
merged with Air India.
“The  DGCA’s  hasty  com­
ments on TV clearly appeared
to be biased, unprofessional,
premature and presumptive,
without  even  considering
Central Bank of India posts
Q1 net profit of ₹135 crore 
OUR BUREAU
Mumbai, August 11
Central Bank of India is back in
dalone net profit of ₹135 crore
in the first quarter ended June
30,  2020,  against  a  net  loss  of
₹1,529  crore  in  the  preceding
The  public  sector  bank  had
reported  a  net  profit  of  ₹118 ery from technically written­off
crore in the year­ago quarter.
The bottomline line in the re­
porting quarter was supported
by a healthy growth in net in­
terest  income  and  lower  loan­
loss provisioning burden.
Net  interest  income  (differ­
ence  between  interest  earned
and interest expended) was up
20  per  cent  at  ₹2,145  crore
(₹1,790  crore  in  the  year­ago
period).
Other  income,  comprising
commission, exchange, broker­
network  system  which  is  pro­
gressive and free from any kind of
interception  of  data  that  may
prove  fatal  for  the  security  and
sovereignty of the country.
‘Cancelling contracts’
“We express gratitude to the gov­
ernment for taking crucial steps
to cancel contracts with Chinese
companies in various sectors, in­
cluding  railways,  highways  and
certainly  been  taken  to  respect
the sentiments and emotions of
the  need  to  conclude  any
technical  analysis  of  the  Di­
gital  Flight  Data  Recorder
(DFDR),  Cockpit  Voice  Re­
corder (CVR) and other verifi­
able  sources,”  the  letter
states.
The  letter  adds  that  air  ac­
CHENNAI
BusinessLine 
WEDNESDAY • AUGUST 12 • 2020
sale of investments, and recov­
accounts, was down 9 per cent
at ₹710 crore (₹779 crore).
Loan­loss  provisions  were
lower  at  ₹650  crore  (₹897
crore).
Gross non­performing assets
(NPAs) edged lower to 18.10 per
cent of gross advances in the re­
porting  quarter  against  18.92
per  cent  in  the  preceding
quarter.
Net NPAs decline to 6.76 per
cent of net advances in the re­
porting quarter against 7.63 per
cent in the preceding quarter.
the  people  of  India  as  also  de­
barring Chinese companies from
spreading  their  dominance  on
several  critical  projects,”  he
added.
Apart from CAIT, other industry
bodies such as the Telecom Equip­
ment Manufacturers Association
of India (TEMA) have also urged
the Centre to use products made
in India to provide telecom con­
nectivity, especially to border and
sensitive areas in the country.
Meanwhile,  the  IT  Minister
Prasad said that a tender for 354
uncovered  villages  in  the  stra­
tegic, remote and border areas of
the  country  has  been  finalised
and is under implementation in
144 villages of the the Union Ter­
ritories of Jammu & Kashmir and
Ladakh and remaining villages in
the States of Bihar, Rajasthan, Ut­
trakhand, Himachal Pradesh and
other priority areas of Gujarat. 
cidents  never  occur  because
of one single cause or factor.
They  are  always  the  unfortu­
nate by­products of systemic
failures,  such  as  poor  infra­
structure,  inadequate  regu­
latory  oversight  and,  often,
wilful negligence.
.. ..... . . ...
CHENNAI

BusinessLine
WEDNESDAY • AUGUST 12 • 2020
For BSE/NSE live quotes, scan
the QR code or click the link
https://bit.ly/2FpossK MARKET RADAR I
Company Prev Close Open High Low Qty 52 WH 52 WL PE BSE Cl Company Prev Close Open High Low Qty 52 WH 52 WL PE BSE Cl Company Prev Close Open High Low Qty 52 WH 52 WL PE BSE Cl Company Prev Close Open High Low Qty 52 WH 52 WL PE BSE Cl

20 Micron [5] 30.80 32.55 30.80 33.00 30.45 226.14 42.10 19.20 5 32.50 Con.FinHld 27.80 28.30 26.80 28.50 26.80 1.22 78.40 26.55 - - HisarMetalIn 68.85 69.10 69.00 71.00 67.15 3.62 93.00 36.20 10 69.00 MenonBear [1] 39.60 40.90 39.65 41.90 39.65 43.42 70.00 27.00 20 40.70
21stCentu Mgmt 10.10 10.30 10.00 10.30 10.00 13.29 17.65 10.01 - 10.30 Concor [5] 386.40 377.30 389.50 392.00 376.00 6722.94 665.05 263.20 22 377.25 HiTech Gr 128.35 128.50 128.35 132.00 124.05 3.71 218.50 64.00 31 128.95 MetalystForg 4.00 4.20 4.20 4.20 4.00 1.52 10.09 3.56 - 4.23
3i Info 2.45 2.55 2.55 2.55 2.45 9923.63 3.03 1.15 - 2.58 ConfdnPetIn [1] 19.60 19.65 19.65 19.90 19.25 214.41 36.50 12.85 19 19.70 Hi-TechPipes 110.80 110.05 110.80 116.00 108.65 20.72 100.00 41.40 44 77.10 Metrpolhelth [2] 1713.05 1605.60 1744.00 1780.00 1568.90 166.46 2110.00 993.20 62 1599.55
3m India 22169.25 21752.15 22200.00 22400.00 21699.05 2.79 25208.70 15685.60 112 21762.00 ControlPrint 213.65 209.60 216.00 229.00 208.00 23.72 317.80 150.90 13 210.10 HLV 4.90 5.20 5.00 5.30 5.00 427.23 9.45 2.90 - - MFL 18.50 20.35 18.70 20.35 18.25 936.16 24.70 12.15 - -
3PLandHold 7.25 6.90 7.00 7.00 6.90 3.95 8.10 3.40 - - CoralIndFin [2] 18.65 19.55 18.15 19.55 18.15 54.84 35.16 8.25 10 19.35 Honda Siel 1118.35 1077.15 1158.75 1158.75 1052.25 8.69 1359.95 701.60 17 1078.95 Minda Corp [2] 73.35 73.30 74.00 76.40 72.60 648.63 122.00 52.60 20 73.55
5PaisaCap 371.70 360.00 365.95 377.90 355.00 39.82 467.40 93.05 - 360.20 Cords Cab 38.70 37.70 39.65 39.70 37.50 25.81 58.00 22.10 5 37.65 Honey.Aut 31584.30 32242.05 31600.00 32450.00 31600.00 3.68 39499.50 20142.00 60 32203.70 Minda Ind [2] 282.30 280.70 285.50 285.50 280.00 467.14 425.85 209.30 59 280.65
Corom.Intl [1] 792.35 778.90 798.70 798.70 777.00 354.19 829.85 336.50 18 779.55 HOV Services 38.60 38.55 39.45 39.50 38.15 2.34 90.60 22.25 - 39.10 MindTec(Ind) 25.95 26.00 26.15 27.00 23.65 18.76 40.95 11.65 - 25.95
A ................................................ Cosmo Film 452.70 442.55 456.70 460.00 439.00 135.35 462.65 187.20 8 442.05 HPCL 215.25 215.25 216.00 219.30 213.50 8498.11 329.25 155.00 6 215.10 MindTree 1142.20 1116.75 1147.00 1156.15 1111.85 409.79 1159.40 667.30 24 1116.75
A2Z InfraEng 4.25 4.20 4.30 4.30 4.15 290.27 11.40 2.82 - 4.19 Count.Cond [1] 1.40 1.45 1.45 1.45 1.35 8.43 2.32 0.95 - 1.45 HPLElect&Pow 34.60 34.05 35.00 35.90 33.45 79.84 51.90 18.30 13 34.20 Mirza [2] 49.35 49.05 49.80 49.90 48.80 156.16 71.80 27.35 12 49.15
Aarti Drug 2294.45 2182.55 2310.30 2319.40 2164.00 186.73 2550.00 422.25 28 2182.55 CPCL 82.35 82.70 83.00 83.95 82.50 395.71 199.00 47.70 - 82.65 HSG&UrbanDev 35.20 35.70 35.35 36.35 35.35 1681.28 45.70 18.05 4 35.65 MishDhatuNig 213.20 214.50 214.00 219.00 213.60 1494.68 278.00 108.50 25 214.35
Aarti Ind [5] 1064.30 1026.65 1065.00 1074.00 1020.20 302.91 1191.50 662.05 34 1026.80 CrdtacsGramn 575.40 580.80 584.00 601.20 576.00 64.57 1000.80 305.75 28 580.35 HSIL [2] 57.30 58.55 57.90 60.70 57.40 663.25 71.90 34.70 25 58.70 MittalLifSty 29.80 28.35 28.35 28.35 28.35 2.63 160.75 28.35 - -
AarviEncon 32.10 32.90 31.50 34.25 30.00 0.28 39.90 24.70 - - CreatPer&Dis 115.30 110.65 117.90 117.90 110.50 18.46 120.50 58.00 - - HT Media [2] 12.20 12.55 12.10 12.65 12.00 85.25 27.00 7.75 - 12.48 MM Forg 238.45 243.60 244.75 249.00 235.00 30.40 470.55 151.00 24 243.95
AavasFinance 1349.40 1395.80 1330.35 1484.80 1330.35 39.26 2078.30 845.75 44 1393.80 Crest Ventu 87.20 90.45 88.90 97.90 87.00 159.53 116.80 44.60 43 90.05 Hubtown 11.00 11.55 11.15 11.55 11.00 37.07 18.80 7.09 - 11.46 MMPIndustris 73.90 73.10 78.20 78.20 71.10 3.63 133.25 43.95 - -
AB Money [1] 36.05 36.80 36.40 37.50 35.40 337.56 46.60 16.25 17 36.65 Crisil [1] 1744.60 1733.25 1768.00 1768.00 1710.00 16.84 2070.00 1083.50 39 1730.65 MMTC [1] 18.55 18.70 18.70 19.25 18.60 1281.87 26.50 9.90 - 18.70
Aban Off [2] 24.85 26.05 26.05 26.05 25.60 139.48 37.35 12.60 - 26.00 CromGreCon [2] 259.80 261.60 261.00 269.00 260.05 621.58 301.45 177.90 37 261.30 I................................................. MOIL 144.25 144.40 145.05 147.60 144.00 197.33 170.00 86.80 14 144.35
ABB [2] 892.00 903.40 896.85 917.60 892.00 165.79 1420.70 722.45 77 903.65 CSB BANK 196.35 192.80 196.35 199.90 191.65 67.69 314.20 95.00 - 192.55 Ibull Hsg [2] 204.70 214.70 207.05 220.45 206.2537360.42 625.00 81.25 4 214.75 Mold-TekPac [5] 294.20 291.25 298.70 299.00 283.95 129.61 322.00 145.80 26 290.60
AbbottIndia 16973.30 16618.65 17005.00 17200.00 16500.00 19.11 18569.00 8577.00 5416641.00 CubexTub 12.95 12.60 12.95 12.95 11.70 24.77 26.04 8.37 - 12.52 Ibull Real [2] 57.30 62.95 58.40 63.00 57.65 6718.57 113.00 36.85 - 63.20 Mold-TekTec [2] 39.60 39.00 40.00 40.50 38.25 53.58 57.50 29.60 12 38.80
ABBPowerPro 926.10 944.65 939.00 958.80 915.15 79.62 958.80 784.10 - - CUMI [1] 248.00 251.95 249.00 255.40 247.20 468.08 361.40 175.00 30 252.10 ICICILombGIC 1382.55 1348.90 1390.00 1406.35 1335.00 370.52 1439.90 805.60 48 1348.10 MonetIsp&Ene 13.80 15.15 14.25 15.15 14.20 278.17 19.30 8.00 - -
ABCapital 59.45 59.05 59.85 60.70 58.50 1994.92 115.30 37.45 - 59.00 CumminsInd [2] 422.45 422.15 425.40 428.10 421.00 372.69 652.80 281.60 19 422.10 ICICISecu 491.55 492.40 492.80 504.70 486.65 403.46 568.90 197.30 - - Monte Carlo 155.55 156.95 158.50 158.50 156.00 41.11 317.00 128.00 6 157.20
ACC 1400.25 1412.55 1411.40 1434.95 1400.10 1072.95 1707.70 895.50 23 1411.00 Cupid Ltd 248.80 250.00 255.00 267.50 249.00 351.72 266.00 115.00 8 249.75 ICRA 2550.70 2551.45 2549.05 2570.00 2535.05 0.67 3226.95 1968.00 38 2547.65 Morarj.Tex [7] 10.75 10.95 10.50 11.25 10.50 5.17 18.48 7.80 - 11.20
AccelyaKal 1009.00 1031.50 1033.95 1060.35 1025.00 50.65 1247.00 699.30 14 1031.15 Cybertech 51.40 51.35 51.90 52.80 50.85 59.55 64.45 22.50 13 51.35 IDBI 39.85 39.80 39.85 40.75 39.55 3378.61 55.75 17.50 - 39.80 Morepan [2] 24.15 23.60 24.80 24.80 23.45 2361.93 34.95 7.21 - 23.60
Action Con [2] 57.85 57.25 57.00 58.65 57.00 196.44 93.80 31.50 18 57.25 CYIENT Ltd [5] 359.55 369.00 363.65 376.90 362.05 778.63 514.00 184.15 15 369.05 Idea Cell 9.10 8.70 8.90 8.95 8.65 161161.54 12.62 2.61 - 8.71 Most.Fin [1] 665.25 664.35 670.50 676.75 661.15 35.67 903.50 426.00 34 664.25
Adani Ent [1] 195.70 195.85 196.00 199.80 194.40 2965.96 261.10 116.25 145 195.80 IDFC 20.75 22.70 21.00 23.35 20.7531934.55 40.50 13.40 - 22.75 MothersSum [1] 104.90 107.65 106.00 109.30 101.2553554.16 151.00 48.50 57 107.45
Adani Pwr 37.65 37.65 38.25 38.70 37.55 4917.40 73.75 24.30 - 37.70 D................................................ IDFCFirstBnk 28.40 30.30 28.40 30.55 28.3094328.39 47.95 17.65 - - MphasiS 1180.90 1208.60 1190.00 1230.00 1182.15 430.86 1231.70 612.05 19 1207.15
AdaniGas [1] 163.20 158.85 164.70 165.50 158.20 998.80 194.55 76.70 43 158.85 Dabur [1] 508.55 513.15 510.00 524.60 510.00 5206.55 528.00 385.05 72 513.15 IFB Agro 284.05 288.50 292.50 292.50 282.10 8.19 478.35 147.30 14 284.05 MPS 395.65 394.90 395.65 400.00 375.90 14.96 612.00 156.00 15 390.65
AdaniGreenEn 373.50 360.65 373.00 376.60 360.00 586.77 486.60 42.55 - 360.60 Dalm.B.Sug [2] 137.30 143.25 144.00 145.90 141.70 778.43 145.95 40.30 4 143.20 IFB Ind 383.65 386.70 389.40 390.00 382.05 77.63 798.15 232.05 - 386.85 MRF 61863.00 61460.45 62200.00 62490.00 61390.00 9.75 73500.00 50000.00 19 61473.95
AdaniTranmsn 254.75 249.40 255.85 257.65 247.40 223.59 365.80 147.50 - 249.30 DamodarInd [5] 26.05 26.60 27.70 27.70 26.25 1.67 37.60 13.65 - 26.40 IFCI 6.45 6.55 6.50 6.60 6.45 2197.72 9.31 3.10 - 6.57 Mro-Tek [5] 25.00 24.45 23.65 27.45 23.55 6.05 36.25 14.55 - 26.50
ADF Foods 397.80 384.25 417.65 417.65 380.00 218.98 418.15 123.35 24 384.25 Datamatics [5] 69.15 66.65 72.80 74.60 66.00 198.69 90.90 28.10 13 66.60 IFGLRefract 137.10 131.60 136.95 141.90 129.00 5.30 184.80 64.10 16 133.00 MRPL 34.40 33.90 34.65 34.90 33.70 1924.14 56.60 21.25 - 33.95
AdityaBirFas 118.95 118.00 119.60 120.05 117.70 1118.53 281.17 95.65 - 118.00 DB Corp 76.70 75.45 77.35 77.35 75.00 181.00 162.40 59.00 5 75.55 IG Pet 193.25 184.05 195.00 196.25 182.30 32.27 204.40 81.25 28 184.85 MSTC 151.80 151.15 153.40 155.00 150.00 246.51 235.20 73.10 - -
Ador Weld 258.45 265.15 263.00 267.00 259.55 23.38 368.80 163.15 13 265.30 DB Realty 7.40 7.35 7.50 7.55 7.15 299.33 12.50 3.61 - 7.33 Igarshi 277.30 283.05 279.25 292.00 277.60 159.43 415.70 150.65 67 283.30 MT Edu 13.80 14.30 14.50 15.15 13.85 212.54 39.20 6.24 9 14.31
AdvancedEnz[2] 211.35 209.75 212.85 219.00 208.45 462.71 225.00 91.05 40 209.75 DB Stk [2] 9.75 10.60 9.75 10.70 8.95 4.23 12.45 6.65 - - IIFLHoldings [2] 68.55 68.70 69.00 70.50 68.40 756.43 212.80 58.15 61 68.70 MTNL 9.80 9.25 9.95 9.95 8.95 1489.34 13.32 4.49 - 9.22
Advani Hot [2] 41.95 43.15 41.30 43.65 41.10 6.09 64.90 24.90 18 43.40 DCB Bk 82.45 82.95 83.00 83.55 82.50 1744.80 218.50 58.10 8 82.95 IIFLSecurity 40.25 39.60 40.50 41.00 39.50 768.90 62.60 19.05 - - Munj.Auto [2] 49.10 49.25 49.40 49.60 48.85 140.70 59.90 19.90 - 49.15
Aegis Log [1] 204.05 203.35 205.85 209.80 202.00 125.08 266.95 108.10 - 203.65 DCM 20.50 21.40 21.25 22.20 21.00 18.02 29.35 13.01 - 21.55 IIFLWealtMgt 1076.65 1074.55 1053.00 1122.00 1053.00 27.22 1663.95 720.00 - - Munj.Showa [2] 114.65 115.30 114.70 117.60 114.25 19.98 149.00 55.00 11 114.90
Affle(India) 2026.40 2174.55 2175.00 2229.00 2125.00 350.95 2296.00 766.60 184 2174.60 DCMNouvelle 26.60 27.20 26.50 28.90 26.50 25.67 38.40 20.35 - 27.10 IMPAL 521.00 525.10 525.05 534.00 525.00 0.29 714.00 374.40 13 542.95 Murd.Cera 15.85 16.00 16.40 16.40 15.90 20.94 25.80 8.26 - 16.00
Agarwal Inds 94.90 100.95 96.00 102.00 94.15 44.22 139.80 44.00 7 100.85 DCMShriram [2] 352.05 354.35 357.25 362.30 345.20 89.14 451.60 175.80 9 354.90 Ind Terr [2] 28.20 29.15 29.00 29.50 27.70 206.82 99.00 23.40 - 28.95 MusicBrdcast 17.05 17.20 17.05 17.95 16.80 1129.27 43.10 12.20 - -
AGC Net 326.65 311.40 342.95 342.95 297.35 8.02 456.85 75.05 - 316.05 DCW [2] 11.60 11.40 11.50 11.70 11.20 309.72 19.10 6.97 - 11.36 Ind.Bk.Mer 8.45 8.85 8.60 9.10 8.45 930.48 9.50 4.16 - 8.83 Muthoot Cap 373.85 370.40 370.60 380.20 369.05 23.38 663.15 222.05 10 369.60
Agro Tech 678.25 669.80 684.00 689.00 662.05 14.33 738.10 350.00 41 666.80 De Nora 231.95 228.00 231.95 234.00 225.00 5.67 265.00 112.20 13 228.30 Ind.Card 92.95 93.35 93.00 95.00 93.00 1.06 135.00 75.15 - 94.85 MuthootFinan 1172.70 1174.20 1183.95 1189.90 1162.20 1709.22 1405.00 477.50 16 1173.85
AgroPhosInd 11.60 12.15 12.15 12.15 11.90 65.31 155.40 4.95 - - Deccan Cem [5] 254.15 251.20 256.90 267.60 250.00 323.13 418.00 146.60 6 251.70 Ind.Cem 117.80 119.30 118.50 123.00 118.15 2951.96 140.00 67.90 - 119.35
Ahluwalia [2] 226.10 229.45 223.30 233.00 223.30 8.21 369.30 136.05 24 228.95 Deep Ind 70.25 70.80 70.00 72.75 69.00 29.57 130.00 42.75 - 71.05 Ind.Gly 293.30 296.95 300.00 306.40 292.15 1007.71 396.80 176.15 7 297.15 N................................................
AIA Engg [2] 1660.20 1603.25 1664.85 1700.95 1584.00 122.08 1985.05 1111.00 17 1602.50 Deepk.Fer 148.65 158.45 149.80 161.00 148.70 2862.91 173.00 57.00 11 158.45 Ind.Hume [2] 173.90 174.05 175.00 177.75 173.20 49.45 300.00 101.00 12 174.10 NACLInd [1] 46.30 44.70 46.50 48.30 44.40 143.25 48.00 17.05 - 44.45
Ajanta Phr [2] 1722.75 1676.70 1733.00 1734.00 1650.35 148.93 1759.35 906.50 34 1676.50 Deepk.Ntr [2] 588.75 577.15 590.00 595.30 573.00 1058.29 673.45 256.95 16 577.10 Ind.Inv.Tru 52.70 55.00 57.70 57.70 51.50 5.15 87.05 50.00 - 54.70 NagaDhunseri 589.75 599.55 602.95 610.00 591.05 0.34 725.00 300.00 - -
Ajmera 81.60 80.65 80.50 82.60 79.90 59.86 155.50 53.00 13 80.75 Delta Corp [1] 109.50 107.65 112.50 112.50 106.00 1929.53 224.75 54.00 33 107.70 Ind.Metals 212.85 211.65 208.20 226.00 208.20 61.03 245.95 92.00 - 211.70 Nagrk.Cap [5] 5.05 5.10 5.10 5.10 5.10 1.00 11.64 4.61 - 4.95
AksharChem 237.65 239.95 239.00 253.45 236.20 187.61 340.00 140.00 12 240.35 Delta Mag 21.00 20.80 21.00 21.75 20.40 12.06 45.00 17.00 - 20.40 Ind.Nippon [5] 297.90 296.85 300.00 300.00 295.65 14.48 471.85 163.05 12 297.20 Nagrk.Exp [5] 17.40 16.85 18.70 19.10 16.25 194.39 23.00 8.32 - 16.89
Akzo 1893.70 1993.70 1866.10 2010.90 1866.10 75.23 2515.00 1675.75 56 1995.70 Den Net 83.15 84.80 84.00 86.00 84.00 204.31 115.05 25.85 29 84.85 Ind.Ovr.Bk 10.35 10.35 10.35 10.45 10.30 988.33 13.83 6.17 - 10.35 Nah.Cap [5] 65.25 65.00 64.05 66.30 64.05 3.43 84.40 42.50 7 64.50
Alankit [1] 18.60 19.15 18.90 19.40 18.30 595.62 28.00 8.25 - 19.15 Dewn HsgFin 14.20 14.00 14.85 14.85 13.80 1776.20 53.00 8.40 - 14.03 Ind.Ram.Sy 14.85 15.20 14.85 15.45 14.45 26.46 35.00 8.35 - 15.17 Nah.Ind 26.25 25.80 27.55 27.55 23.75 9.27 33.40 14.40 - 25.85
AlbertDavid 515.45 505.45 519.40 523.85 491.00 90.38 568.35 255.00 15 505.40 DFMFoods [2] 234.65 256.25 244.70 270.00 242.30 780.45 333.90 150.00 52 256.80 IndbullsVent [2] 148.35 155.55 150.70 162.50 146.00 3564.10 229.80 63.60 29 155.75 Nah.Poly [5] 70.20 68.65 68.25 71.65 67.05 26.82 75.00 24.00 5 69.00
Alchemist 4.90 5.00 5.00 5.10 4.85 40.82 6.83 0.61 - 5.00 Dhamp.Sug 138.25 141.50 145.75 146.80 140.00 2357.51 246.00 65.80 4 141.45 Indian Bk 59.80 64.30 60.00 65.00 59.75 5437.40 202.80 41.70 10 64.30 Nah.Spg [5] 33.70 33.90 33.95 34.50 33.75 10.92 58.00 22.10 - 34.35
Alembic [2] 87.25 86.15 88.15 89.00 85.55 1008.43 96.90 25.00 24 86.20 Dhanlk.Bk 12.05 11.90 12.20 12.20 11.85 900.07 18.30 7.42 6 11.91 Indian Htl [1] 80.95 83.55 82.00 84.80 80.5017937.79 162.95 62.10 60 83.45 NALCO [5] 34.80 35.50 35.10 36.35 35.0018575.32 49.25 24.45 - 35.50
Alembic Ph [2] 1086.75 1081.10 1096.00 1117.30 1070.25 432.40 1128.00 436.10 19 1080.05 Dhanuka Ag [2] 769.85 814.75 776.65 840.00 753.50 403.74 935.00 261.00 22 816.95 IndianEgyExc[1] 194.45 191.35 196.15 200.90 188.50 1363.93 203.40 111.05 32 191.25 Nalwa Son 662.60 662.65 664.00 685.00 657.00 0.55 967.40 411.00 14 653.30
Alicon [5] 307.45 292.80 305.50 307.90 291.20 11.49 450.10 169.50 - 291.50 Dhun.Inv 219.05 222.50 225.00 229.00 220.30 11.30 298.85 108.00 13 223.60 IndianRailTr 1323.75 1372.05 1324.00 1384.30 1315.05 1109.43 1994.00 625.00 - - Nandan Den 19.90 20.35 20.50 21.00 19.60 92.31 41.00 12.50 - 20.30
Alkali Met 47.80 46.60 47.00 47.70 46.25 19.69 57.95 20.65 - 46.70 Dhunseri Tea 210.20 222.65 218.00 225.00 211.85 46.60 225.45 90.10 - 223.20 IndmrtIntmsh 3067.40 2959.50 3079.95 3079.95 2950.00 61.56 3145.00 1106.55 - - NarayaHru 323.30 328.45 329.75 332.00 324.50 317.69 389.00 210.00 - 328.50
AlkemLabs [2] 2978.00 2783.15 2998.90 3020.25 2765.00 493.73 3089.55 1711.55 22 2784.50 DhunseriVent 52.15 56.15 54.35 58.50 53.00 50.15 82.80 41.85 - - Indo Count [2] 68.45 65.55 68.45 70.40 63.00 252.06 77.30 21.85 9 64.95 Natco Phr [2] 847.90 865.45 860.00 895.00 837.10 1565.76 898.00 450.00 33 865.85
Alkyl Amine [5] 2542.10 2691.90 2570.00 2719.00 2560.10 76.10 2833.00 682.05 29 2693.15 DIC India 357.95 408.35 358.95 414.00 358.95 302.31 450.00 242.00 40 408.60 Indoco Rem [2] 249.75 259.80 254.90 272.80 253.05 1839.06 285.00 133.10 61 259.90 Nath Bio-Gen 356.85 330.95 356.85 360.00 327.00 290.61 415.50 126.25 11 331.00
Allcargo [2] 102.00 104.00 103.00 106.65 101.95 224.83 122.70 51.50 22 104.10 DilipBuildco 346.75 342.75 348.90 354.70 340.00 540.13 477.40 193.40 11 341.70 IndostrCapFn 247.00 248.85 255.00 258.00 240.10 12.62 298.05 166.00 - 249.50 Natl Build [1] 23.15 23.35 23.40 23.45 23.20 3818.95 45.00 14.10 - 23.35
Allied Dig [5] 18.80 18.75 18.65 19.25 18.60 44.51 26.30 10.70 14 18.60 Dish TV [1] 7.95 7.85 7.95 8.25 7.80 5901.59 26.45 3.93 3 7.87 Indotech Tr 101.20 100.75 100.10 104.90 98.20 11.94 144.50 68.60 56 101.75 Natl Fert 37.90 37.95 38.15 38.80 37.75 1676.37 45.00 15.00 9 37.95
Allsec 234.00 280.80 247.95 280.80 242.50 69.82 340.00 109.15 24 278.25 DishmanCarb[2] 201.20 191.65 201.20 202.80 191.15 732.28 216.65 46.45 78 191.65 Indra.Med 56.40 56.50 56.80 57.80 56.00 255.65 65.00 27.45 12 56.40 Nava.B.Ve [2] 52.05 51.45 52.60 53.65 51.05 523.61 95.20 32.40 8 51.45
Alm.Global [6] 10.00 9.55 10.15 10.15 9.30 59.19 20.00 8.82 - 9.71 Divis Lab [2] 3117.80 3131.45 3139.95 3168.75 3087.00 2731.08 3228.05 1466.95 52 3135.75 IndraprsGas [2] 389.00 389.30 392.00 394.50 387.30 2341.90 534.40 284.55 24 389.40 Navin Flu [2] 2122.65 2090.55 2145.00 2194.00 2056.00 240.88 2195.70 635.00 25 2090.00
AlokIndus 38.10 36.20 36.20 36.20 36.20 4483.12 58.50 3.80 - - DixonTec(In) 8047.35 8017.80 8200.00 8480.00 8002.00 163.37 8485.95 1882.05 101 8018.55 IndSwifLab 40.10 38.65 41.90 41.90 38.50 73.39 47.60 15.25 - 38.90 Navkar Corp 25.55 26.05 25.60 26.75 25.60 661.97 42.55 13.20 9 26.15
Alpha Lab 26.10 26.20 25.15 27.40 24.80 225.90 31.75 11.45 14 26.15 DLF Ltd [2] 148.65 146.55 149.00 150.40 145.80 6255.64 266.65 114.50 - 146.45 INEOS Styro 521.30 523.75 523.15 528.00 520.20 11.07 920.00 379.05 35 523.15 Navneet Ed [2] 75.55 76.55 75.65 77.05 75.65 42.25 113.80 45.10 8 76.65
Alphageo 168.25 166.80 167.10 169.80 166.00 19.28 278.90 110.05 - 167.05 D-Link [2] 95.45 94.95 95.00 99.00 91.20 545.25 124.80 51.00 14 94.90 Infibeam Inc [1] 73.60 74.75 73.50 76.00 71.50 2451.09 79.10 26.55 - 73.90 NBI.IndFinCo 1577.05 1602.00 1520.10 1640.00 1506.65 0.39 1859.95 1067.00 - -
Amararaja [1] 749.70 742.70 755.20 755.20 737.25 771.99 814.00 350.25 22 742.50 DolatInvest [1] 56.95 55.35 56.85 56.90 55.00 105.01 84.00 27.45 14 55.25 INFO EDGE (I) 3526.10 3390.95 3534.75 3535.25 3380.00 447.91 3575.25 1580.00 153 3390.70 NCC [2] 30.65 31.70 30.95 31.90 30.8016946.56 70.90 15.90 5 31.70
AmberEntp(I) 1713.55 1707.45 1749.00 1753.60 1701.00 72.96 1801.00 790.00 106 1705.55 DollarInd [2] 130.90 129.85 132.30 132.40 129.10 166.47 231.25 94.00 12 130.00 InfobeansTec 119.65 118.70 120.25 121.90 116.50 22.64 149.80 54.70 - - NCL Ind 91.65 90.25 92.10 93.00 89.55 300.37 129.00 48.25 8 90.25
Ambika Cot 661.40 664.65 668.95 674.00 660.05 4.35 956.00 421.00 9 662.00 Donear [2] 27.60 27.40 28.00 28.00 27.15 12.85 38.75 18.30 12 27.50 Ingersoll 631.30 630.60 633.20 637.80 629.05 6.89 729.00 584.95 24 631.10 NECaryCorp 10.25 10.00 9.75 10.50 9.75 107.94 17.29 3.00 8 9.98
AmbujaCeme[2] 221.85 222.75 222.85 229.25 221.35 6916.44 229.25 136.65 29 222.65 DPSC 12.55 12.15 12.35 12.55 12.00 43.89 16.15 4.40 - - Inox Leis 230.10 235.60 232.85 242.90 229.10 1342.93 510.80 158.20 - 235.60 Nect.Life [1] 23.00 22.65 23.30 23.90 22.40 634.41 30.05 7.20 17 22.65
AMD Ind 15.80 16.00 16.00 16.90 15.85 34.03 21.95 8.40 - 16.07 Dred.Corp 265.05 263.75 266.05 268.90 262.50 63.87 412.00 121.80 134 263.60 Inox Wind 44.30 42.50 45.50 45.50 41.80 152.29 49.95 16.00 - 42.50 Nelcast [2] 50.75 51.15 51.25 51.85 50.80 144.23 62.45 23.50 12 51.25
AMJLandHold[2] 20.50 19.50 20.10 20.50 19.30 23.58 24.80 13.10 8 19.60 DrLalPathLab 1885.45 1862.70 1886.00 1900.00 1851.00 37.54 2029.85 1060.00 80 1862.40 Insectic 460.85 479.65 463.00 499.00 463.00 295.73 654.00 207.00 12 479.80 Nelco 212.80 206.85 213.25 216.50 202.00 110.11 284.60 109.05 66 207.15
Amrutanjan [1] 493.35 481.55 495.80 498.20 474.65 309.51 558.70 251.00 56 481.30 DuconInfrTec[1] 3.95 3.95 4.05 4.05 3.85 79.41 7.70 2.30 - 3.91 InspirisySol 29.40 27.05 29.10 29.20 26.60 54.45 53.60 16.45 - - NeogenChem 621.25 610.25 620.00 630.00 590.50 71.43 696.00 288.95 - -
Anant Raj [2] 27.65 28.30 27.55 28.95 27.40 543.17 40.80 13.35 18 28.25 Dwarikesh [1] 27.50 30.25 28.55 30.25 28.55 4844.82 42.05 13.30 8 30.25 IntellecDesi [5] 191.15 185.95 195.00 199.00 182.50 414.01 230.70 44.00 - 186.35 Nesco [2] 449.85 503.55 456.80 530.00 453.00 2415.94 816.90 381.10 15 503.70
Andhar Sug 346.25 341.15 355.00 360.00 337.00 159.99 378.65 119.00 5 340.25 Dynac.Sys 23.00 22.45 23.15 23.15 22.05 13.31 35.60 12.65 3 22.40 IntenseTech [2] 46.80 45.60 46.55 49.00 44.65 35.20 50.90 9.95 13 44.95 Netwk 18 [5] 40.95 40.90 41.10 41.90 40.80 1000.05 50.05 14.85 - 40.90
AndhraPaper 221.75 222.80 218.75 230.00 218.75 237.32 451.40 112.00 - - Dynamatic 595.50 611.30 635.50 655.05 607.00 48.70 1419.00 424.05 6 611.00 IntGlobAviat 953.20 939.65 965.00 965.25 936.60 1211.11 1911.00 765.05 - 940.05 Neuland 840.80 815.35 844.95 851.00 803.00 174.34 909.90 247.30 41 815.45
Anik Ind 13.40 13.15 13.05 13.30 12.75 30.40 17.70 5.31 - 12.75 DynemicProd 200.70 211.05 203.95 216.00 202.50 385.76 225.00 84.25 9 210.75 Inventure 17.60 17.60 17.80 18.00 17.25 15.83 18.00 8.50 - 17.55 NewgenSwTech 176.60 179.85 176.10 182.00 176.10 57.93 301.90 96.20 18 180.10
AnjPortCemen 169.30 168.65 175.00 175.00 165.00 135.83 175.15 82.25 10 168.85 IOL Chem 832.10 795.80 846.00 852.50 784.00 1977.41 852.00 147.35 12 795.75 NHPC Ltd 20.40 20.30 20.50 20.55 20.25 1793.78 29.00 15.15 7 20.35
Apar Ind 301.05 301.00 301.00 309.00 300.10 70.52 596.70 235.10 15 301.60 E ................................................ IPCA Lab [2] 2099.50 2005.95 2138.95 2156.95 1985.00 1353.67 2175.00 844.20 26 2008.40 NIIT [2] 97.05 95.45 97.50 98.40 95.00 600.06 115.55 53.55 4 95.55
Apcotex Ind [2] 118.00 121.50 120.00 123.50 117.65 70.33 230.00 64.35 - 121.35 EbixcashWrld 497.45 502.40 498.30 506.50 482.40 3.95 534.25 240.00 - - I-PruLifeINS 482.25 477.20 485.00 487.00 475.05 1498.77 537.50 221.95 64 477.40 NIIT Tech 1989.15 1977.80 2000.00 2079.00 1964.05 1278.52 2079.35 739.05 29 1976.95
ApexFznFoods 241.85 241.40 242.90 245.50 240.20 155.13 444.75 132.05 12 241.35 Eclerx 489.90 512.00 494.70 520.95 494.70 215.83 711.30 323.15 11 512.45 IRB Infra 121.75 119.30 122.05 124.60 116.25 2461.28 128.45 46.00 15 119.30 Nila Infras [1] 5.20 5.95 5.80 6.05 5.45 7272.81 6.44 2.19 - 5.93
APL Apl 2120.90 2103.35 2170.00 2170.00 2080.80 18.63 2216.95 1025.00 46 2104.65 EdelFinSer [1] 80.30 78.50 80.80 80.80 78.20 1462.67 145.70 29.90 - 78.55 IrconIntl 96.35 97.10 96.90 100.70 96.60 3419.20 599.00 79.10 - - NILA SPACES 1.35 1.45 1.45 1.45 1.45 549.59 1.60 0.45 - -
Apollo Hsp [5] 1785.15 1750.75 1790.00 1797.95 1738.50 697.84 1814.00 1047.45 68 1751.20 EID Parry [1] 297.90 291.05 304.20 304.90 289.00 436.76 315.00 100.00 - 290.85 ITD Cem [1] 43.80 44.65 44.15 45.00 44.15 256.57 75.00 26.00 10 44.70 Nilkamal 1245.60 1229.55 1251.85 1274.95 1225.00 14.62 1544.15 911.00 16 1230.60
ApolloMicSys 128.65 126.50 126.50 128.60 126.00 155.18 142.70 40.00 19 126.45 EIH [2] 68.10 67.00 68.95 69.75 66.70 1185.97 188.00 54.70 28 67.00 ITDC 227.15 231.45 230.90 236.50 227.95 59.96 419.30 104.95 99 231.80 Nippo Bat 581.00 575.60 583.50 609.95 570.00 6.00 660.00 347.30 - 575.55
ApolloPipes 360.50 368.60 366.00 375.00 361.00 56.89 524.95 210.00 - - EIH A Htl 252.50 254.00 251.35 257.00 251.35 7.51 390.00 164.10 19 254.60 ITI 141.30 137.80 141.95 141.95 137.40 1105.80 145.50 44.90 84 137.80 NipponLIAM 278.10 270.65 279.60 280.20 270.05 674.05 452.90 207.70 - -
ApolloSindo 516.20 515.10 518.95 526.05 510.00 1.77 900.05 280.00 - - Eimco 331.55 341.95 341.00 361.90 335.00 33.78 385.00 180.00 15 343.75 IVP 48.25 49.05 46.25 50.30 46.25 4.07 75.90 29.65 - 49.50 Nitco 16.30 16.65 16.40 16.80 16.35 32.96 34.25 10.80 - 16.55
ApolloTyr [1] 127.40 126.05 127.30 129.45 124.30 8712.80 196.70 73.55 24 126.40 Elec. Eng [2] 26.55 26.60 27.00 27.50 26.35 194.71 43.65 13.75 4 26.65 IZMO Ltd 28.75 31.60 31.60 31.60 31.60 9.87 38.80 11.40 - 32.20 Nitin Spn 39.10 39.25 39.80 39.80 38.45 27.25 63.95 24.70 - 39.35
Aptech 114.20 115.15 114.70 119.00 113.65 922.62 192.75 65.55 - 115.15 Elec.Stl.Cs [1] 15.10 15.15 15.40 15.45 15.05 585.48 18.95 7.56 7 15.22 NLC India 49.90 49.85 50.40 50.60 49.80 529.21 62.55 35.05 5 49.95
Archidply 28.15 27.75 28.20 28.75 27.15 25.39 32.55 12.00 16 27.95 Electrotherm 119.70 115.25 115.50 119.70 112.00 28.10 169.80 69.00 16 114.85 J. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NMDC Ltd [1] 91.75 93.25 93.00 94.25 91.9011764.14 139.50 62.00 8 93.25
Archies [2] 11.35 11.40 11.35 11.60 11.25 48.24 25.00 8.12 - 11.40 Elgi Eqp [1] 174.10 177.85 171.60 180.00 171.60 146.63 309.60 102.25 28 175.75 J&K Bk [1] 17.35 17.40 17.55 17.70 17.10 2051.20 45.50 11.05 - 17.50 Nocil 112.75 114.80 113.40 116.25 113.00 3204.85 127.50 44.70 15 114.90
Aries Agro 69.25 66.95 69.00 72.75 66.00 37.41 78.75 33.55 6 67.10 Emami [1] 307.10 333.50 311.15 337.70 311.00 6066.49 357.00 140.85 54 334.30 Jagran [2] 37.95 38.30 38.05 38.55 38.05 149.55 78.00 36.15 6 38.25 NRAgarwalInd 211.90 217.75 215.00 227.00 214.00 58.75 298.80 123.30 - -
Arih.Found 15.40 15.50 15.50 15.50 15.10 0.78 34.00 11.76 9 15.80 EmamiPapMi [2] 73.20 76.45 75.00 78.80 75.00 13.28 157.95 47.45 44 76.05 Jags.Phr [5] 35.55 35.55 36.15 36.50 35.15 155.84 49.40 16.00 11 35.50 NRB Bear [2] 78.55 78.45 79.40 79.50 78.05 156.57 118.10 48.50 - 78.40
ArmanFinServ 436.45 439.75 443.65 449.50 430.00 10.92 1119.95 287.30 20 439.75 EmamiRealty [2] 35.60 39.15 36.80 39.15 35.65 109.76 82.80 22.60 - 39.30 Jai Corp [1] 89.85 91.35 90.30 92.50 90.30 1558.20 121.90 42.65 40 91.30 Nucleas Sw 406.30 451.15 416.40 472.00 415.05 2114.97 472.00 170.00 12 451.70
AroGranite 25.90 27.50 26.25 29.90 24.95 43.02 48.40 15.35 27 27.50 Emkay Glo 48.55 50.25 49.05 51.10 47.05 29.01 84.00 24.00 - 50.10 JaiBal.Ind 20.00 21.00 20.50 21.00 20.00 25.09 668.00 81.00 - - Nxtdigital 531.85 547.55 535.00 549.80 535.00 17.37 549.80 180.30 - -
Arss Infra 12.20 12.15 12.50 12.50 11.75 21.75 29.95 9.11 - 12.35 Emmbi Ind 73.80 75.60 74.60 75.90 71.10 16.53 141.05 41.10 9 74.20 Jamna Au [1] 32.45 33.50 32.70 33.70 32.50 1601.92 49.25 21.00 - 33.45
ArtemsMedSvc 173.45 172.30 168.15 174.50 168.15 2.56 283.00 106.70 - - EnduranceTec 966.15 983.00 974.95 994.40 968.00 50.27 1201.90 562.00 32 980.35 JashEngg 146.15 150.90 151.35 158.00 147.45 17.89 189.00 93.05 - - O................................................
Arvind 30.60 30.55 30.80 31.25 30.40 1383.65 59.00 19.00 4 30.55 Energy Dev 6.20 6.50 6.50 6.50 6.10 44.88 9.10 3.35 - 6.45 Jay Bhr [5] 203.95 208.60 205.00 213.00 201.95 47.20 271.20 91.00 16 207.70 Oberoi 371.35 362.25 376.00 379.05 361.00 149.17 583.55 290.10 48 362.55
ArvindFash [4] 124.20 126.25 125.30 128.20 124.05 346.92 421.85 110.55 86 126.15 Eng.India [5] 67.40 66.55 67.90 68.30 66.40 1592.59 123.00 49.85 10 66.55 Jay.Agro [5] 87.80 92.15 88.25 92.15 87.00 55.56 178.50 52.00 - 92.20 OdishaCeme [2] 780.05 773.50 784.95 794.20 771.35 60.23 1018.00 406.00 112 773.25
ArvindSmart 90.85 88.15 90.60 91.95 87.50 139.64 108.00 56.20 16 88.30 Ent.Net.Ind 129.10 125.50 130.00 133.00 121.30 68.84 396.00 101.00 - 123.80 Jayshr Tea [5] 61.80 62.65 64.25 64.50 62.30 158.31 64.90 23.55 - 62.65 Oil India 95.40 95.50 95.50 96.35 95.20 436.48 174.80 66.00 4 95.60
Asahi India [1] 203.20 197.45 205.45 205.45 196.20 34.65 276.95 118.40 73 197.70 Equitas Hold 52.05 50.65 52.40 53.10 50.0012545.78 120.50 32.75 - 50.65 JB Chem [2] 735.15 768.85 737.70 789.45 734.65 2116.20 789.50 321.70 22 768.55 OlectrGrnTec 63.25 62.40 64.00 64.00 61.50 53.11 218.95 41.45 - -
Asahi Song 215.15 216.35 220.00 221.80 213.20 39.70 242.80 63.05 11 216.15 ErisLifeSci [1] 539.40 543.35 546.50 555.00 539.00 139.10 593.40 341.05 25 544.10 JBM Auro [5] 220.80 224.35 227.50 231.50 221.70 41.34 296.10 97.60 15 223.55 Omax Auto 34.05 33.85 34.65 34.65 33.60 14.88 66.70 18.70 6 33.95
Ashapura [2] 47.30 47.20 49.65 49.65 45.65 282.43 49.25 18.70 - 47.45 Eros Intl 21.05 24.45 21.35 25.25 21.20 5913.83 25.25 7.17 2 24.50 Jind.Pho 13.80 13.45 14.20 14.20 13.30 5.09 18.25 7.55 - 13.65 Omaxe 72.45 72.35 73.00 73.60 71.80 282.38 222.20 59.60 - 72.35
Ashiana [2] 61.65 67.55 61.40 67.80 61.40 165.65 125.00 39.00 - 67.35 Esab Ind 1374.05 1357.05 1375.05 1390.05 1350.30 5.95 1727.00 870.00 34 1354.70 Jind.Poly 435.70 442.25 436.30 457.00 436.30 92.39 460.00 150.00 4 442.75 OMDC [1] 2163.85 2242.15 2185.00 2288.35 2184.35 47.19 2644.45 527.45 - 2243.20
Ashok Ley [1] 51.40 52.20 51.90 52.40 50.6033477.39 87.50 33.70 45 52.20 Escorts 1114.05 1118.80 1121.20 1142.65 1112.25 1068.18 1210.65 423.30 30 1118.35 Jind.Saw [2] 60.00 61.05 60.45 61.85 60.20 1198.69 102.70 40.00 4 61.05 Onelife Cap 6.30 6.90 6.30 6.90 5.85 35.84 8.79 4.54 - 6.93
Ashoka Bld [5] 62.90 63.50 63.00 65.00 60.05 5088.97 127.90 37.00 5 63.40 Essar Shp 8.10 9.70 8.50 9.70 8.20 913.40 10.97 4.60 - 9.70 Jind.Stl&P [1] 201.60 211.05 202.50 216.75 202.0026591.66 216.75 62.10 24 211.00 OnePntOneSol 9.95 11.65 9.90 11.90 9.85 46.53 24.50 7.40 - -
Asian Gran 216.75 220.10 216.05 223.50 216.05 92.36 275.00 109.15 22 219.50 EsselPack [2] 268.10 274.90 270.90 278.00 265.15 356.45 284.00 78.85 75 274.40 Jind.World [1] 44.95 45.90 45.00 46.45 44.50 4.99 75.00 24.50 29 45.75 OnMobile 36.75 38.55 38.55 38.55 38.55 118.70 45.35 12.95 - 38.70
Asian Htl-E 140.30 141.80 141.70 144.90 136.25 14.19 229.00 111.30 13 143.10 Ester [5] 64.40 63.00 65.80 65.85 62.60 176.47 68.30 22.65 5 62.95 JindStain(H) [2] 89.60 87.70 90.35 92.75 86.15 622.09 92.95 30.40 7 87.90 Onward Te 63.00 64.05 62.65 70.80 62.65 103.13 76.90 34.65 18 64.25
Asian Htl-N 56.20 56.25 56.50 56.90 55.65 7.20 125.00 44.75 - 56.10 Ever.Kanto [2] 22.95 23.30 23.40 24.00 22.85 145.70 33.10 9.45 16 23.30 JiyaEcoProdt 10.90 11.25 11.00 11.35 10.70 74.95 57.80 6.70 - - Oracle Fin [5] 2979.50 2959.95 2993.10 2993.10 2922.00 50.90 3238.50 1532.50 16 2963.55
Asian Htl-W 267.65 263.15 268.95 273.80 260.00 0.50 395.00 190.00 85 267.65 Everady [5] 149.25 148.80 150.85 153.10 148.10 839.29 157.60 34.40 19 148.70 JK Cem 1564.75 1524.35 1575.00 1578.60 1513.20 29.65 1613.00 800.00 22 1525.35 Orbit Exp 69.55 70.70 71.00 72.90 69.65 21.04 120.00 47.00 8 70.70
Aspinwall&Co 131.05 132.00 131.00 137.00 131.00 2.55 169.00 71.40 - - Everest Ind 244.95 233.70 244.55 244.55 232.10 339.99 370.00 120.00 38 233.80 JK Lak.Cem [5] 284.95 283.50 286.00 288.90 282.00 411.38 389.35 179.80 14 283.45 Oricon Enter [2] 16.90 18.20 16.85 18.40 16.80 380.96 24.00 8.90 9 18.15
AssoAlchohol 265.90 261.85 265.95 268.75 260.55 41.20 297.75 123.05 - - Excel Ind [5] 865.85 829.05 876.90 876.90 822.60 36.33 1013.90 374.50 11 828.70 JK Paper 93.55 94.00 93.90 95.95 93.70 1266.99 151.95 62.20 4 94.00 Orient Bell 80.20 82.25 85.05 85.20 81.50 87.31 151.55 51.40 17 82.10
Aster Life 976.50 983.60 977.00 1049.70 965.00 205.53 1119.50 306.00 30 983.50 Excel Realty 0.90 0.95 0.90 0.95 0.90 0.79 1.53 0.76 - 0.96 JK Tyre [2] 66.00 64.05 66.15 66.45 62.95 1851.71 87.70 31.5 Orient Cem [1] 70.20 69.75 70.50 71.35 69.50 242.57 99.90 35.25 25 69.80
AsterDMHealt 132.75 135.85 134.40 142.00 134.40 596.72 180.50 78.50 110 135.85 Exide [1] 163.05 162.90 164.00 165.45 161.50 2034.82 208.80 121.90 21 162.85 m Orient Grn 2.20 2.15 2.25 2.25 2.15 1154.35 3.57 1.20 - 2.18
Astra Mic [2] 114.45 115.05 115.00 117.85 111.65 738.37 127.90 45.85 21 115.00 ExpleoSolu 344.90 361.00 362.10 362.10 345.40 115.33 362.10 112.60 - - M Orient Pap [1] 18.60 19.20 18.65 19.45 18.60 729.43 34.75 11.60 - 19.15
Astral Poly [1] 1045.75 1089.90 1058.75 1108.90 1047.00 642.48 1265.20 747.60 89 1089.75 MC P Orient Ref [1] 171.90 173.35 171.00 181.00 171.00 116.56 268.50 108.50 24 173.80
AstraZen [2] 3379.30 3332.85 3361.35 3374.00 3250.00 45.70 3700.00 1635.30 120 3332.45 F ................................................ OrientAbr [1] 17.50 17.20 17.55 17.80 17.10 25.81 23.10 10.10 11 17.25
AstronPaper 41.30 45.90 42.30 47.95 41.55 517.94 119.20 24.15 16 45.95 FACT 49.35 49.80 49.50 50.70 49.00 363.31 54.90 21.55 4 49.75 C H OrientalArmt 352.65 327.30 327.10 349.95 317.40 192.35 370.80 116.55 - -
Atlanta [2] 9.15 9.05 9.45 9.45 9.05 14.11 11.62 2.62 - 9.12 FairchemSpec 700.50 741.65 709.00 756.05 706.00 254.19 756.00 360.00 93 740.85 PA OrientalCar 793.10 771.20 785.00 789.95 763.05 12.49 1100.00 470.00 16 773.75
Atul 5347.60 5265.05 5360.00 5444.85 5225.00 28.66 5447.25 3256.60 25 5264.50 FDC [1] 345.35 332.30 347.95 347.95 330.15 578.82 354.00 152.50 20 332.15 P Pw OrientElect 175.15 176.05 176.40 177.85 175.00 255.47 286.90 136.80 - -
Atul Auto [5] 162.45 182.50 162.70 187.00 162.10 1669.42 298.70 117.00 8 182.60 Fed Bk [2] 53.85 54.30 54.30 54.50 53.6025479.16 98.60 35.70 7 54.25 Oswal Chem 10.30 10.45 10.50 10.65 10.10 27.56 15.80 6.06 3 10.41
Aurionpro 55.80 61.35 57.50 61.35 53.10 66.77 112.00 27.05 14 61.60 Fed.Goetze 351.65 360.95 352.05 368.00 351.00 2.40 664.90 239.30 67 358.40 W OswalAgroMil 9.30 9.20 9.30 9.40 9.05 97.15 16.20 3.00 - 9.17
AurobindPhr [1] 948.85 944.80 960.00 964.65 932.10 5178.96 967.60 281.15 30 944.75 Fiem Ind 485.60 487.10 492.45 515.90 484.00 115.69 515.15 230.20 8 488.20 WH
AUSmallFinBk 702.00 696.95 707.40 714.10 693.35 213.31 1217.70 366.20 31 697.55 Filatex [2] 25.10 25.85 25.20 26.20 25.00 141.73 43.80 15.55 5 25.50 K P ................................................
Ausom 29.80 30.55 30.30 31.50 29.50 4.57 49.40 23.50 2 30.30 Fin.Cable [2] 269.20 269.05 273.00 275.00 268.00 222.32 433.00 165.00 10 268.90 P&GHealth 4512.85 4501.95 4521.00 4645.00 4490.00 19.74 4988.65 2891.45 - -
Auto Axl 536.70 539.85 549.00 549.00 535.80 10.02 1018.50 335.70 - 538.45 FineOrgInd [5] 2288.85 2308.65 2308.60 2365.00 2289.95 22.70 2548.30 1350.00 42 2312.25 P&S Bk 13.15 13.10 13.10 13.25 13.05 254.92 23.75 9.20 - 13.09
Autolite 21.50 22.40 22.55 23.50 21.90 33.36 29.90 10.60 - 22.20 FineotexChe [2] 31.90 31.80 32.20 32.80 31.35 262.70 36.00 12.35 16 31.80 PAE 2.10 2.20 2.10 2.20 2.10 2.53 4.30 1.75 - -
AvadSug&Egy 184.55 194.20 200.00 202.00 191.50 345.16 364.15 88.50 5 193.95 Fino.Ind 453.40 452.65 455.10 458.35 450.55 56.40 635.00 283.00 18 452.90 M PAGE INDUSTRIES 18759.20 18901.90 18888.00 19016.95 18642.40 20.88 26891.00 16186.75 61 18899.15
Avanti Feeds [1] 481.70 472.30 484.45 486.45 471.80 413.05 769.90 250.00 23 472.25 Firstsource 53.25 56.15 53.70 57.90 53.30 6224.00 58.40 20.65 22 56.10 m N w PaisaloDigit 426.60 419.05 439.20 448.95 405.60 15.40 470.90 144.30 33 416.70
AvenuSupmart 2116.50 2131.95 2120.00 2143.15 2110.35 461.47 2559.00 1453.00 130 2132.90 ForceMotors 938.55 931.25 934.00 947.05 926.10 31.09 1504.00 591.20 - - D Pan.Petro [2] 41.95 41.20 42.00 43.50 40.65 175.52 88.00 25.40 17 41.05
AVT Natl [1] 43.80 45.20 43.80 46.50 43.65 616.32 50.70 18.60 18 45.30 Fortis Hlt 138.00 136.50 138.70 139.70 136.05 568.17 169.00 113.20 17 136.45 Panac.Bio [1] 209.50 199.70 211.00 213.50 199.00 329.82 263.00 90.00 - 199.85
AxisCades [5] 56.30 59.10 57.00 59.10 55.00 68.85 86.50 26.70 - 59.20 Foseco 1060.90 1177.35 1062.00 1218.90 1056.60 8.42 1650.00 840.00 38 1175.05 PanachDigLif 58.00 57.00 60.00 60.00 57.00 4.44 72.80 33.30 - -
AYM Syntex 24.60 24.00 25.45 25.50 23.45 23.83 40.90 12.90 6 24.10 Fut. Life [2] 120.05 118.25 121.00 123.00 117.35 94.85 487.00 91.40 - 118.20 K Paper Pro [2] 250.35 247.40 251.05 253.45 245.10 94.21 303.00 165.00 12 246.85
Fut. Mkt 23.70 22.75 23.25 24.00 22.70 35.84 45.05 8.55 12 22.70 K ParagMilk 92.90 99.85 93.95 102.00 93.10 3554.33 182.00 48.50 9 99.60
B ................................................ FutEntpDVR [2] 19.70 19.05 20.60 20.65 18.75 266.54 30.95 9.13 1 19.30 K C Param.Comn [2] 6.35 6.50 6.40 6.60 6.20 143.33 11.33 5.00 4 6.52
Bajaj Elect [2] 426.40 437.40 429.70 443.00 418.30 866.07 466.90 260.00 - 437.35 Future Cons 11.55 11.00 11.55 11.55 11.00 9015.07 34.25 5.75 - - K C m Patel Eng [1] 13.70 13.80 13.70 14.05 13.65 228.87 21.90 7.22 - 13.84
Bajaj Hind [1] 5.90 6.15 6.30 6.45 6.10 5594.55 8.40 2.34 - 6.18 FutureEntp [2] 18.70 18.30 19.60 19.60 18.00 4158.47 30.50 7.55 16 18.50 K Pw Patel Int 23.80 23.10 24.65 25.20 22.25 40.69 28.00 9.05 12 23.35
Bajaj Hld 2708.00 2725.65 2718.00 2752.00 2714.85 17.60 3949.35 1471.85 16 2722.55 FutureRetail [2] 107.40 104.85 108.80 108.80 104.50 2732.50 443.35 61.05 8 104.90 K PC Jewl 16.55 16.90 16.50 17.40 16.00 3767.77 44.90 7.80 8 16.90
BajajConCare[1] 182.60 186.80 182.90 195.35 182.90 3296.68 270.90 117.50 15 186.70 FuturSuplyCh 144.15 140.95 140.35 143.90 140.00 51.89 594.15 81.10 23 142.10 K PDS Multinat 269.70 270.30 269.55 277.00 269.45 5.86 416.00 240.00 262 275.00
Bal Phr 47.85 52.00 50.80 52.60 49.05 220.23 54.10 24.10 - 52.25 K m H Pearl Glo 129.10 139.60 131.75 141.60 127.00 16.68 202.00 82.50 67 139.65
Balaji Amn [2] 654.65 662.45 660.00 676.00 644.00 325.55 674.75 204.10 19 664.50 G ................................................ K C m Peninsula [2] 4.55 4.50 4.60 4.70 4.50 235.87 6.35 2.24 - 4.52
Balaji Tele [2] 92.10 91.70 91.10 94.95 90.95 347.60 101.70 28.00 16 91.70 Gabriel [1] 86.35 86.95 85.80 87.70 85.80 54.22 139.90 40.25 32 86.95 K N Pennar Ind [5] 16.25 16.40 16.45 16.65 15.90 470.96 31.20 11.40 4 16.40
BalaxiVentre 330.50 347.00 347.00 347.00 347.00 0.38 347.00 63.90 - - GalaxSurfact 1713.60 1766.40 1735.00 1790.00 1723.00 85.55 1790.00 975.00 34 1767.05 K Persistnt 985.90 976.15 997.95 997.95 957.75 188.31 1040.00 420.00 17 975.25
Balkrishna [2] 1362.55 1352.90 1365.00 1373.35 1347.45 448.79 1382.45 677.60 29 1352.55 Gallant Isp [1] 27.80 27.70 27.50 28.35 27.50 9.57 35.10 15.55 16 27.25 K m Petronet 247.30 246.80 248.00 257.90 245.70 3441.28 302.00 170.75 14 246.75
BalmerLaw 115.95 115.35 116.70 117.00 115.00 190.27 141.33 69.85 11 115.45 Gallant Mtl 32.00 31.65 32.15 32.15 31.05 4.92 40.75 18.10 - 32.00 K B PFC 89.50 90.05 89.60 91.35 88.9513996.03 133.30 74.20 4 90.05
Balrampur [1] 136.60 142.00 148.00 148.80 140.15 6814.43 195.00 68.80 6 142.05 Gandhi Tub [5] 223.20 219.65 225.05 228.05 218.45 7.27 351.00 136.70 13 220.00 K Pfizer 4599.45 4609.40 4630.00 4691.95 4580.00 72.54 5172.95 2797.50 40 4610.15
Ban.Amn.Spg 85.30 85.50 86.95 89.00 84.90 4.08 170.00 65.05 13 86.25 Ganesha Ecos 228.80 225.90 229.05 232.00 225.00 9.36 390.00 138.25 12 227.30 K PG Elec 48.10 46.20 48.10 48.10 45.70 50.62 84.40 26.20 28 46.85
Ban.Amn.Sug 1330.65 1300.70 1375.00 1375.00 1300.00 3.56 1600.00 636.05 17 1301.90 GangesSecu 32.85 34.85 33.00 35.35 33.00 11.26 52.50 20.00 - 34.85 KCP PGHH 10268.85 10198.25 10341.55 10341.60 10185.00 13.36 12699.90 8500.00 78 10201.90
Banar.Beads 42.95 45.35 43.00 46.00 42.95 71.36 51.00 25.20 12 45.30 GardenReach 217.00 232.80 219.95 239.00 217.50 2023.92 249.40 105.30 16 233.00 KCP Phil.Carbon [2] 107.30 108.00 108.00 109.95 107.35 928.45 147.40 54.20 6 107.75
Banco Ind [2] 82.75 83.60 82.75 85.00 82.75 156.17 120.90 55.00 15 83.45 GarwarTecFib 1722.15 1907.40 1759.00 2040.00 1749.85 147.10 2030.00 872.50 24 1910.55 K C Phoenx.Mil [2] 600.00 606.20 603.00 610.80 602.55 150.07 979.50 466.25 82 606.85
BandhanBank 301.40 300.60 304.35 304.35 294.0039908.49 650.00 152.35 18 300.55 Gatewaty 82.70 82.15 82.95 83.90 81.85 86.30 137.60 71.01 10 82.15 K PI Ind [1] 1927.45 1904.55 1935.10 1952.95 1895.00 267.73 2154.35 973.70 61 1903.55
Bang Over 16.90 16.60 16.90 16.90 16.20 5.41 37.00 13.55 - 16.85 Gati [2] 43.95 44.15 44.30 44.85 44.00 362.99 75.00 32.40 - 44.15 K m PidiliteInd [1] 1398.90 1380.00 1405.00 1410.00 1377.30 746.48 1709.85 1186.05 77 1380.00
Bans.Syn 66.80 66.95 66.80 67.90 66.00 32.78 148.50 58.00 2 66.55 GE Ship 268.30 263.05 269.40 269.95 261.25 227.21 369.35 168.95 5 262.90 K m Pilani Inv 1496.30 1497.50 1524.50 1524.50 1491.00 0.54 2050.00 910.00 15 1500.90
BASF 1293.30 1279.80 1288.00 1316.20 1275.10 66.82 1472.00 795.00 1231 1279.90 GE T&DInd 89.35 98.25 91.20 98.25 91.20 217.86 214.40 58.00 - - K w C Pion.Dist 116.15 112.35 117.25 117.75 110.30 26.56 188.30 90.00 - 112.25
Bata India [5] 1235.80 1229.75 1245.00 1250.00 1225.30 1169.50 1897.00 1017.20 126 1229.55 Geecee 74.20 75.05 74.20 77.00 72.20 13.60 109.70 40.30 10 75.35 K Pion.Emb 23.75 23.90 24.30 24.45 23.75 13.43 36.40 14.65 10 23.95
Bayer Crop 6041.45 5945.95 6100.00 6100.00 5931.00 19.62 6449.00 2980.80 40 5945.20 GeewayWires 87.25 87.10 88.00 88.00 85.25 6.24 95.00 31.10 - - K PiramalEntp [2] 1473.95 1473.75 1488.20 1505.00 1460.40 1096.52 2001.24 608.00 160 1474.25
BCPowerCon [2] 4.85 5.05 5.05 5.05 5.05 37.48 22.65 4.06 - 5.30 Genesys [5] 37.80 39.65 38.10 39.65 38.00 74.37 99.00 21.10 - 38.40 K & PittiEngg [5] 30.10 30.10 30.20 30.90 29.50 23.51 53.30 19.30 6 30.20
Bedmutha 13.90 14.15 13.90 14.55 13.90 10.04 21.80 9.56 - 14.66 GenInsurCor [5] 149.50 146.90 151.40 151.60 144.85 358.38 333.85 81.70 - 147.60 K OC Plastiblen [5] 173.15 173.10 177.95 177.95 169.95 6.72 242.80 96.05 14 172.05
BEL [1] 108.30 105.85 109.40 110.35 105.2521437.61 122.15 56.10 16 105.80 Genus P&B [1] 5.10 5.50 5.15 5.60 5.15 367.56 7.45 2.80 - 5.52 K PNB Gilts 45.45 47.35 46.00 48.45 45.60 1810.78 49.00 21.50 2 47.40
BEML 682.10 673.90 682.00 684.00 671.00 255.66 1108.20 369.60 86 673.55 Genus Pwr [1] 26.65 26.20 27.00 27.20 25.80 262.86 31.70 12.65 10 26.30 K B PNB Housing 237.75 239.55 239.75 251.00 238.25 1410.09 741.95 146.00 7 239.20
BergrPaintIn [1] 551.45 547.35 552.00 560.50 545.40 2063.05 597.45 355.90 76 547.85 GeojitFinSer 39.65 40.80 40.00 41.30 39.15 561.13 43.80 14.90 - - K PNC Infratec [2] 138.45 141.40 139.00 143.00 139.00 184.49 214.85 80.85 8 141.40
BF Inv [5] 314.65 309.45 317.60 319.95 307.80 35.41 376.80 152.00 19 309.85 GEPowerIndia 497.05 497.30 505.00 510.00 475.00 80.32 850.00 362.95 217 495.45 K PodarHseDVPT 169.95 172.55 170.00 178.90 164.40 1.23 418.00 143.50 - 175.00
BF Util [5] 245.00 244.25 246.70 251.40 240.00 222.50 361.00 134.35 - 244.25 GFL 90.05 90.10 91.50 91.55 87.90 18.99 163.50 39.95 - - K O PoddarPigmen 202.85 194.35 200.45 205.00 191.75 18.48 212.00 100.10 10 194.20
Bhageria Ind [5] 131.15 135.60 132.95 140.00 132.15 185.27 154.55 66.00 11 135.75 GHCL 145.00 149.00 145.00 150.40 144.35 308.72 227.00 68.80 4 149.05 K Poly.Medi [5] 430.40 413.00 430.40 433.00 406.10 182.95 447.00 169.80 37 412.85
BhagngrInd [2] 16.80 16.60 16.95 17.20 16.25 25.79 28.95 10.80 - 16.80 GIC Hsg 97.75 100.10 99.20 102.70 98.70 3596.40 241.45 52.10 12 100.10 K PolycabIndia 857.00 846.50 864.70 868.90 843.00 153.46 1182.00 525.15 - -
BhagyangrPr [2] 22.25 21.80 21.65 22.65 21.65 18.06 26.80 16.10 16 21.75 Gillette 4980.00 4983.30 4999.90 4999.90 4970.05 2.61 8200.00 4420.00 70 4984.80 KM Polyplex 769.30 760.65 784.70 805.00 724.25 481.74 804.90 282.50 11 760.50
BhandariHos [1] 1.35 1.30 1.35 1.40 1.30 302.49 1.87 0.54 - 1.33 GKW 462.60 461.15 436.85 479.20 436.85 0.13 825.00 368.75 - - KNR C Ponnie Sug 176.50 175.20 180.50 180.50 172.10 50.87 184.50 86.60 4 175.30
Bhans.Eng [1] 45.40 45.80 45.80 46.50 45.15 268.65 68.80 25.30 17 45.80 Glaxo Phr 1468.75 1473.20 1470.00 1499.00 1469.95 42.98 1745.00 1046.40 60 1474.40 K Power Mech 407.05 417.10 412.15 429.95 407.00 219.92 875.00 310.00 6 417.10
Bharat Bij 804.15 804.75 818.80 818.80 793.85 10.92 992.65 370.05 10 804.95 Glb.Vect 55.30 54.75 55.30 58.45 54.35 111.50 69.70 30.65 7 54.75 K P PrabhatDairy 73.15 71.00 73.80 73.90 71.00 21.49 92.00 41.00 - 70.90
Bharat For [2] 422.80 413.55 424.70 424.70 411.00 2928.45 533.10 207.85 36 412.95 Glenmark [1] 471.30 477.05 475.55 479.55 470.25 5263.26 572.70 168.00 10 476.95 K Pradip 0.60 0.60 0.60 0.60 0.60 5.11 1.26 0.54 - 0.72
Bharat Gea 58.20 64.00 62.45 64.00 61.00 153.38 89.50 23.25 - 64.05 Glob.Spr 135.15 148.65 135.50 148.65 135.15 362.28 160.50 60.75 7 148.80 K P Praj Ind [2] 65.35 67.55 67.75 69.00 66.65 5565.17 129.70 43.00 17 67.60
Bharat Ras 10973.50 10902.30 11300.00 11700.00 10750.00 30.30 11699.00 4039.70 2910891.55 GM Brew 381.65 384.25 383.55 393.00 382.00 50.83 470.00 220.00 13 385.30 K P Prajay 6.55 6.30 7.10 7.10 6.10 11.05 8.60 3.55 - 5.95
Bharat Wire 21.25 21.30 21.40 21.90 21.10 8.96 39.80 10.50 - 21.25 GMDC [2] 41.65 41.90 41.95 42.95 41.65 1240.78 72.40 29.50 7 41.95 K PrakashPipes 72.10 73.10 71.25 76.00 71.25 105.51 86.00 21.60 - -
BharatDynamc 437.45 425.15 439.40 443.80 423.50 772.76 465.10 147.00 15 424.90 GMMPfauder [2] 5667.85 6484.50 5790.00 6575.00 5789.95 244.36 6588.00 1282.20 148 6496.70 K Praksh.Ind 44.00 43.20 44.10 45.00 42.70 825.18 64.80 18.55 6 43.25
BharatRdNwk 35.30 35.70 35.30 37.10 34.45 38.57 85.15 29.00 - 35.95 GMR Inf [1] 21.45 21.15 21.40 22.00 21.10 7188.30 26.55 14.10 - 21.20 KPR M PratapSnack [5] 567.90 594.20 583.00 617.00 575.00 74.02 975.00 435.10 45 593.85
Bharti Infr 142.40 149.50 145.00 149.50 145.00 41.14 258.40 72.30 8 149.10 GNA Axles 209.65 207.60 210.00 213.85 206.00 61.97 324.70 132.00 16 206.20 KRB PrecisionCam 33.25 32.75 33.70 33.85 32.35 217.59 45.00 21.70 5 32.70
BHEL [2] 36.25 35.75 36.60 36.75 35.6038275.87 61.30 19.20 - 35.75 GNFC 167.60 173.35 169.00 175.40 169.00 1932.63 224.45 95.70 5 173.30 K B Precot 20.60 20.70 20.60 21.85 20.50 1.95 35.50 18.85 - -
BigBlocConst 40.55 39.00 40.55 40.55 38.60 3.45 45.35 21.20 - 39.30 Goa Carb 212.80 211.70 214.95 218.05 210.00 36.66 375.05 109.25 - 213.60 K B Precsn.Pipe 224.40 243.90 230.00 255.00 227.75 445.31 255.05 107.70 18 244.50
BIL Ener [1] 0.95 1.00 0.95 1.00 0.90 1253.88 2.17 0.45 - 0.98 GOCL Corp [2] 179.60 173.55 179.00 182.65 170.00 29.65 349.80 111.00 - 172.90 K mP Precsn.Wre [5] 115.75 119.10 119.80 125.50 116.70 94.48 192.65 63.50 9 118.70
Biocon [5] 412.45 407.55 415.00 417.00 406.30 5384.76 455.00 211.30 139 407.20 God.Pow.Isp 236.90 247.80 238.90 248.70 238.90 294.93 266.75 81.00 7 247.60 Premier Polyfilm 21.90 22.70 21.90 23.50 21.35 8.29 129.65 45.00 4 46.35
BirlaCable 56.20 56.65 57.00 58.50 54.00 431.49 89.70 24.60 - 56.55 Godfrey [2] 960.80 958.50 964.00 977.95 957.00 58.26 1480.40 732.40 13 959.20 L Pressman [2] 20.05 19.75 20.50 20.70 19.25 44.51 30.80 10.40 9 19.90
BirlaCorp 603.30 592.40 606.75 617.80 590.10 259.92 807.60 372.50 19 592.05 Godrej Cons [1] 682.00 687.80 683.90 695.95 680.85 672.21 771.75 425.10 58 687.35 & H Prestige Est 244.90 238.55 243.90 243.90 234.05 1224.24 426.15 133.85 36 238.45
BIRLASOFT 148.10 146.55 148.90 149.85 145.20 1957.55 151.15 46.70 - - Godrej Ind [1] 385.95 382.70 390.00 393.80 380.00 150.19 479.40 234.00 262 383.55 & PRICOL [1] 45.65 45.65 44.15 45.95 43.40 424.32 66.25 22.50 - 45.20
BirlaTyres 23.40 24.55 24.55 24.55 24.55 85.12 53.10 2.70 - - Godrej Pr [5] 890.60 893.15 894.95 903.55 888.85 122.62 1188.00 505.95 119 893.15 & Prime Foc [1] 27.20 32.60 27.30 32.60 27.30 271.72 93.00 17.40 - 32.45
Bk of Ind 48.80 48.15 48.70 49.30 47.90 2031.77 79.80 30.45 - 48.10 GodrejAgrovt 464.30 468.60 466.80 474.00 461.05 256.33 597.95 265.05 29 468.35 O Prime.Sec [5] 47.35 47.60 48.90 48.90 46.50 10.50 53.20 24.40 - 47.30
Bk of Mah 11.85 11.95 11.90 12.00 11.85 1840.62 15.24 7.71 - 11.93 Gokaldas [5] 47.75 48.25 48.90 48.90 48.10 116.42 96.90 27.60 15 48.25 V B PrincPipeFit 150.15 156.05 151.70 165.00 143.00 1412.47 196.65 75.30 - -
Bk ofBar [2] 48.55 47.10 47.00 48.40 46.7036466.17 108.25 36.05 - 47.10 Gokul Agro [2] 15.30 15.10 15.40 15.75 14.95 17.44 19.38 7.99 12 15.15 m PrismJohnson 46.20 48.45 46.90 49.70 46.35 416.08 92.00 25.80 40 48.35
BL Kash [1] 6.95 6.75 7.25 7.25 6.65 503.57 12.09 3.37 - 6.76 Gokul Ref [2] 16.35 16.25 16.40 16.80 15.95 19.49 19.80 8.04 - 16.30 Prit.Nandi 14.70 14.30 14.70 14.70 14.10 2.33 19.75 7.50 - 14.01
Bliss GVS [1] 129.30 130.45 130.00 133.50 128.80 731.73 162.90 73.90 15 130.50 Gold.Tobac 21.50 21.85 22.50 22.50 20.90 9.75 41.80 18.00 - 22.25 m H ProzoneIntu [2] 17.35 18.20 18.20 18.20 18.20 47.81 28.55 7.45 - 18.22
BLSIntlServ [1] 96.30 99.95 98.45 101.10 97.90 449.00 101.45 27.25 38 100.00 Goldiam Int 113.35 114.25 113.95 116.80 112.20 84.39 184.10 73.15 13 114.05 GB PSL 1.30 1.35 1.35 1.35 1.35 96.45 0.77 0.32 - 0.58
Blue Dart 1988.65 1989.00 1988.65 2030.00 1980.20 13.86 3068.00 1875.00 - 1987.40 Golds.Tech 7.70 8.00 7.85 8.20 7.55 97.66 12.67 5.50 - 7.95 D PSPProjects 405.20 406.75 407.45 412.10 403.10 9.87 576.90 233.80 14 407.10
BlueStar [2] 514.40 514.95 518.00 523.40 511.25 83.38 887.00 425.00 275 514.50 GoodLuck St [2] 40.10 41.05 40.70 43.00 40.20 226.45 68.00 20.65 3 41.15 PTC 54.20 53.60 54.40 54.65 53.30 1716.74 68.45 32.40 5 53.55
Bodal Chem [2] 73.25 75.40 73.25 77.50 70.00 1697.26 88.50 34.50 9 75.40 GP Petrol [5] 40.30 40.15 40.55 41.40 40.10 36.94 59.90 24.60 13 40.40 CH PTC Ind Fin 18.55 18.75 18.60 19.10 18.55 1358.26 19.10 6.78 10 18.75
Bomay Bur [2] 1529.55 1474.40 1551.00 1561.15 1462.00 324.72 1566.80 538.00 342 1473.35 GPTInfraProj 31.70 31.25 32.45 32.45 25.60 110.78 49.70 13.00 5 31.20 P &P PTL Ent [2] 43.80 43.85 45.00 45.00 43.65 38.06 50.65 23.00 6 43.80
Bombay Dye [2] 69.00 67.75 69.20 70.20 67.05 2486.24 101.75 36.20 8 67.80 Granuels [1] 329.45 315.55 332.90 333.40 313.55 4178.66 335.90 86.70 21 315.50 P PudumjeePap[1] 14.40 14.35 14.80 14.80 14.15 78.62 21.60 9.45 7 14.26
BorosilRenew 81.30 78.70 80.50 80.50 78.25 213.19 224.00 27.50 - - Graphite [2] 187.85 189.00 189.50 195.50 186.55 1384.25 383.85 103.00 118 188.75 Pun.Natl.Bk [2] 32.85 32.85 32.80 33.10 32.5016076.25 69.60 26.30 - 32.85
Bosch 13592.00 13262.55 13719.50 13814.80 13112.00 88.88 17136.60 7874.00 7813260.95 Gravita [2] 53.35 52.75 53.80 54.85 52.35 203.88 69.00 32.00 13 52.55 MW Punj.Chem 446.65 444.35 446.65 450.00 430.00 1.43 588.70 234.40 34 447.25
Brigade 148.20 145.95 150.90 152.00 145.00 317.95 255.00 90.70 11 145.90 GreenlamInd [5] 747.25 727.55 750.00 750.15 720.00 2.11 1054.95 450.00 24 727.80 M Puravankra [5] 43.50 43.15 43.50 43.80 43.00 40.83 79.60 28.65 33 43.15
BSE 496.85 504.00 500.70 510.80 497.00 307.40 590.00 275.00 - - GreenPly [1] 83.30 83.90 83.60 84.45 83.45 87.48 195.25 70.20 17 83.90 PVR 1126.35 1122.40 1135.00 1138.00 1118.45 634.03 2081.42 706.07 205 1123.65
BSL 26.20 25.40 26.25 26.50 25.10 7.69 39.90 17.95 16 25.40 Grindwel [5] 494.30 507.50 496.75 521.00 492.70 178.25 699.00 369.20 33 511.00
BtrflyGandhi 132.65 128.35 133.50 135.60 127.25 117.08 284.70 84.50 - 128.55 GRP Ltd 776.90 750.15 778.05 784.00 737.00 0.87 1054.70 504.00 33 753.30 O Q................................................
Grvs.Cot [2] 86.55 86.95 87.45 88.80 86.50 396.70 154.15 66.25 19 86.90 m Quess Corp 366.40 369.20 373.50 375.00 365.25 122.93 639.05 165.40 81 368.35
C ................................................ GSFC [2] 62.35 64.95 63.00 65.55 62.75 1602.33 97.70 29.90 26 64.95 m QuickHealTec 127.45 140.60 141.00 146.00 138.30 5036.70 147.30 62.45 10 140.60
Cadila HC [1] 405.15 394.75 407.10 408.60 393.00 3349.44 411.60 206.45 20 394.90 GSPL 211.65 216.65 213.25 219.50 212.25 3372.37 263.45 146.00 11 217.05
Calif.SW 8.20 8.45 8.80 8.80 8.05 35.54 20.45 7.35 - 8.50 GSS Info 24.85 23.75 25.35 25.80 23.20 430.68 50.35 19.00 - 23.85 R ................................................
Cambridge 22.80 21.90 24.80 24.80 21.45 41.11 36.90 11.65 18 21.65 GTL Infra 0.75 0.70 0.75 0.75 0.7014401.82 1.01 0.21 - 0.72 G m R Sys Intl [1] 100.15 115.30 103.45 120.15 100.70 1440.56 120.20 34.00 27 115.65
Camlin Fine [1] 84.00 88.20 88.20 88.20 88.20 375.70 89.90 33.40 32 88.25 GTPLHathway 105.65 102.20 108.95 108.95 101.25 174.02 108.75 33.00 9 102.40 Radico [2] 385.05 377.80 385.90 388.50 375.50 211.75 439.00 220.00 22 377.85
Canara Bk 101.85 101.35 102.10 102.60 100.55 4217.70 239.40 73.85 - 101.35 Gufic Bio [1] 95.90 95.10 99.80 99.95 94.10 350.80 104.40 37.55 32 95.05 M RailVikasNgm 19.10 19.35 19.10 19.60 19.05 5923.72 29.30 10.00 - -
CanFinHom [2] 389.50 373.55 384.95 387.00 371.70 594.64 519.00 253.55 13 373.50 Guj.Alk 342.95 336.25 346.25 348.70 335.00 80.42 487.35 165.00 7 336.60 M&M Rain Ind [2] 101.00 104.55 101.65 108.50 101.15 6649.32 128.90 44.90 - 104.70
Cantabil 316.85 316.15 318.30 324.65 311.10 197.34 358.30 187.00 31 315.75 Guj.Ind.Pow 73.55 78.35 73.90 79.60 72.40 2597.96 87.00 42.50 5 78.40 M A m Raj TV [5] 40.30 40.85 41.85 44.00 40.35 30.05 52.90 28.10 - 41.50
CapaciteInfr 100.75 112.10 102.00 114.70 100.55 885.79 246.00 70.15 31 111.90 Guj.Pipav 79.05 79.80 81.00 81.00 79.10 256.47 99.30 45.50 14 79.85 M Raj.Exp [1] 463.05 462.30 464.00 467.95 461.00 56.89 802.00 441.00 34 462.70
CapitalTrust 70.55 68.95 70.00 73.00 68.00 7.68 213.40 47.05 - 69.95 Guj.Sid.Cem 28.70 28.30 28.70 28.85 28.10 134.90 34.90 13.10 7 28.40 M & RajdharshInd 11.65 11.20 11.65 12.75 10.70 6.47 18.80 8.50 - -
Caplin Point [2] 570.90 535.10 571.10 576.15 530.10 1175.44 686.00 180.00 22 536.15 Gujarat Gas [2] 309.50 311.85 309.50 320.50 309.50 1245.88 330.00 162.20 21 311.70 M m RajratanGlbl 290.40 292.70 309.80 319.45 288.65 8.64 319.45 166.00 - -
CapriGlo [2] 204.10 204.20 204.10 208.95 203.20 89.94 230.00 115.00 26 204.05 GujaratFluor 492.85 464.50 498.00 509.90 461.10 313.17 705.30 217.35 - - M C A Rallis [1] 309.80 306.05 312.60 312.90 305.10 404.82 324.60 127.10 29 305.55
CARE 439.15 411.20 443.80 443.80 405.40 256.56 726.60 236.45 16 410.75 Gul.Amb.Ex [2] 183.15 181.50 188.90 188.90 179.50 124.92 190.15 85.05 13 181.65 M H Rama News 15.90 15.75 16.10 16.10 15.60 41.79 21.04 9.60 - 15.85
CarrerPnt 137.40 135.60 137.65 137.95 133.45 25.35 202.00 62.80 15 135.85 Gul.Apl 197.35 198.20 194.55 200.50 194.50 8.86 208.80 100.00 24 197.95 M Rama Steel [5] 31.75 32.30 33.15 33.15 31.10 11.01 63.90 17.85 26 31.30
CastrolIndia [5] 122.05 121.10 122.50 123.00 120.55 763.72 162.05 89.65 18 121.00 Gulf Oil Lub [2] 625.10 628.65 622.05 638.55 622.05 12.20 900.50 450.00 16 627.85 M Ramco Cem [1] 685.55 698.95 689.00 706.00 679.25 1659.09 883.30 456.50 27 699.10
CCCL [2] 0.30 0.35 0.35 0.35 0.30 4744.47 1.00 0.15 - - GulshanPoly [1] 46.85 49.15 46.40 49.15 46.40 50.71 55.95 19.90 12 48.95 M m Ramco Ind [1] 188.95 189.15 191.50 191.95 185.85 107.35 213.80 104.00 25 189.35
CCL Prd [2] 251.70 260.90 253.95 277.20 253.00 1027.92 277.25 137.25 20 260.55 GVK Pow [1] 2.75 3.00 2.85 3.00 2.8025493.50 5.68 2.00 - 3.02 M G Ramco Sys 157.15 165.00 165.00 165.00 165.00 18.35 219.50 64.10 27 165.35
Ceat 894.65 892.45 901.00 919.70 890.05 187.47 1101.00 601.50 17 891.80 M Ramk.Forg 178.65 183.30 182.55 191.00 180.45 193.07 448.20 135.45 62 183.10
CEEBCO 12.90 13.05 12.95 13.45 12.90 22.66 18.50 6.97 - 13.25 H................................................ M w Ramky Inf 35.00 35.00 35.00 36.25 34.30 125.25 78.75 15.45 - 35.20
Celebrity 4.25 4.65 4.65 4.65 4.30 118.51 8.25 3.67 - 4.76 Harita Seat 368.35 369.95 358.00 372.95 358.00 6.05 525.20 291.00 - 370.75 M PC Rane (M) 204.60 203.75 212.00 212.00 203.00 14.88 374.00 130.00 - 203.65
Cent Enka 161.45 162.00 162.00 163.95 161.50 20.41 218.50 100.00 7 161.65 Harri.Mal 96.55 97.40 101.00 101.50 97.00 140.67 101.00 44.10 19 97.60 M Rane Brk 535.45 538.90 537.45 543.95 532.20 14.06 783.60 294.00 21 536.80
Cent.Bk 17.85 18.15 18.00 19.00 17.85 6431.14 25.80 10.20 - 18.15 Hatsun Agro [1] 741.45 726.40 746.90 747.00 725.00 32.50 770.50 375.05 100 725.85 M Rane Eng 192.00 190.40 188.95 194.50 188.90 1.16 363.00 119.25 - 188.80
Cent.Elec 356.65 362.25 364.70 374.30 342.35 62.74 496.05 180.00 19 363.10 HavellsIndia [1] 611.80 605.90 617.75 620.90 604.05 2370.19 765.10 447.20 61 605.75 M Rane Hld 421.15 420.70 424.85 427.00 419.70 8.18 1012.00 288.00 12 419.85
Cent.Ext [1] 4.30 4.70 4.45 4.70 4.45 482.79 6.54 1.45 - 4.80 HBL Pwr [1] 15.55 15.65 15.65 16.15 15.45 750.87 21.80 9.15 - 15.57 M P Ratnamani [2] 1105.05 1128.40 1115.00 1139.90 1111.15 17.43 1383.50 715.55 17 1124.00
Cent.Ply [1] 133.50 134.05 135.00 136.00 132.15 221.94 181.60 95.00 19 134.15 HCC [1] 6.10 6.05 6.25 6.25 6.00 3014.37 13.31 3.60 2 6.05 M RattanIndPow 3.30 3.60 3.55 3.60 3.50 5700.28 3.66 0.93 - 3.66
Cent.Txt 323.00 315.80 326.00 328.20 315.25 1297.59 657.00 220.10 10 315.85 HCG 129.20 130.00 131.45 131.45 128.50 106.44 138.00 62.95 - 130.35 M Ravi K Dis 7.10 7.00 7.30 7.45 6.80 7.81 9.33 4.19 - 7.08
CentDepoSer 362.70 356.00 365.40 372.50 353.30 1791.83 372.50 179.80 - - HDFC AMC [5] 2363.90 2342.20 2361.30 2378.00 2337.00 423.45 3844.00 1963.60 39 2344.15 M A m Raymond 260.45 269.60 261.10 277.30 260.00 3586.62 838.00 209.50 27 269.65
CentrumCap [1] 14.95 15.05 15.10 16.40 14.90 505.80 29.25 7.70 - 15.01 HEG 789.80 797.20 788.50 819.00 780.35 604.78 1473.00 413.20 - 796.25 M RBL Bank 181.00 185.20 182.95 186.50 182.1021572.15 413.65 101.60 25 185.15
Cera San [5] 2301.55 2361.70 2305.65 2378.00 2305.65 7.72 3014.95 2000.75 31 2355.20 Heidelbrg 181.15 181.35 181.50 183.90 180.60 228.00 217.80 120.00 17 181.60 M RCF 51.85 52.75 52.20 53.50 51.90 4261.05 60.00 22.05 11 52.70
Cereb.Int 27.65 27.80 27.70 28.30 27.25 193.53 45.00 17.00 17 28.00 Herc.Hoi [1] 84.05 91.20 86.00 92.50 84.00 531.45 108.30 47.90 22 91.15 M P RECL 108.00 105.75 108.90 109.00 105.50 7428.39 157.25 79.00 4 105.75
CESC 569.25 576.65 572.45 583.00 560.50 378.91 854.90 366.20 9 576.70 Herit.Fds [5] 312.50 319.80 315.00 322.00 310.30 82.31 409.80 146.70 - 319.60 M Redington [2] 88.95 92.25 90.00 93.25 89.00 791.04 139.85 60.00 7 92.15
CESCVentures 207.55 219.05 211.20 224.40 209.10 320.99 412.15 112.05 3 219.40 Hester Biosc 1466.05 1455.55 1498.00 1498.00 1450.00 10.61 2044.40 870.00 43 1453.20 M C M Refex Ref 50.05 49.80 50.05 51.00 49.10 107.35 85.06 28.48 3 49.65
CGPowr&InS[2] 11.45 12.00 12.00 12.00 12.00 572.38 18.70 4.69 - 12.10 Hexaware [2] 401.00 404.70 403.55 417.50 399.10 1643.83 417.05 201.70 24 404.50 M C m Rel.Ind.Inf 416.70 412.55 419.00 421.70 411.50 359.63 479.70 163.95 80 412.45
ChaletHotels 129.15 131.35 130.00 135.00 128.55 377.92 395.00 99.00 31 131.30 HFCL [1] 17.10 16.55 17.40 17.50 16.2013924.77 20.45 8.15 10 16.57 M C m Rel.Infra 29.85 31.30 30.40 31.30 29.90 1063.67 50.90 8.65 1 31.30
Chamb.Frt 151.95 152.70 152.90 162.00 151.95 4875.17 186.00 95.25 5 152.85 HGInfraEngg 181.85 187.35 184.80 190.85 182.55 52.82 294.95 135.00 7 187.80 M m Relaxo [1] 639.90 631.40 643.65 643.90 625.00 212.27 830.15 410.15 78 631.80
ChembondChem 150.05 159.40 150.00 160.75 147.95 69.09 221.00 90.05 10 139.40 Hikal [2] 138.75 136.50 139.70 140.70 135.60 420.82 169.90 57.00 20 136.55 M O Religare 35.75 35.45 36.00 36.25 34.75 97.65 60.60 17.20 - 35.55
ChemfabAlkal 142.10 139.10 142.15 143.95 138.60 6.40 221.75 91.00 - - HIL 1612.40 1663.30 1633.00 1675.00 1607.00 65.25 1670.00 497.15 15 1664.85 M N Remsons 69.00 68.70 69.95 70.00 68.60 5.89 99.00 43.20 7 69.95
CholaFin [2] 209.55 207.15 209.60 212.05 206.40 4260.19 348.85 117.40 14 207.10 Hilton Mtl 9.10 9.55 9.55 9.55 9.20 5.93 18.94 5.71 8 9.64 M RenaisncGlob 266.70 264.05 266.70 271.95 262.00 4.61 408.00 184.05 - -
CholamandFn[1] 347.75 337.55 349.95 356.80 336.20 24.88 568.20 222.00 76 337.60 HimadriSpec [1] 46.70 46.80 47.05 48.00 46.60 956.06 91.95 27.30 14 46.80 M Repco Home 139.90 136.25 140.30 140.50 135.30 287.05 365.50 90.75 3 136.10
Cigniti Tech 275.75 279.40 278.00 286.25 276.85 49.41 349.65 175.10 14 279.10 Himat.Seid [5] 84.30 81.50 84.50 85.50 81.00 869.32 166.00 43.00 5 81.35 MA Repro 383.25 384.60 378.05 405.00 378.05 4.43 740.00 260.15 28 385.65
Cimmco 20.50 20.35 20.50 21.00 19.50 43.42 26.65 9.35 2 20.30 Hind.Compo [5] 181.15 175.85 183.55 184.90 174.00 4.08 255.00 95.20 22 175.45 M Resp.Ind [1] 101.65 104.65 101.55 109.00 101.25 393.27 108.20 67.90 - 104.65
Cineline Ind [5] 25.05 25.35 24.75 25.50 24.60 53.14 45.95 16.30 9 25.30 Hind.Cop [5] 37.05 38.25 37.35 39.85 37.20 2758.94 51.00 18.30 - 38.25 M mC m Revathi 391.60 388.75 400.05 400.05 386.80 0.53 526.00 250.00 10 390.15
Cinevistaas [2] 6.05 6.65 6.65 6.65 6.15 36.96 16.95 3.71 - 6.50 Hind.Media 47.05 47.25 47.00 47.80 46.60 9.98 92.00 35.50 4 47.10 M Rico Auto [1] 28.70 28.65 28.80 29.50 28.50 370.20 54.00 15.95 18 28.75
CitiUn Bk [1] 119.80 119.25 120.00 121.90 118.50 1338.07 249.00 110.10 18 119.30 Hind.Mot [5] 6.50 6.45 6.55 6.70 6.35 254.75 8.40 2.51 - 6.42 M V & RITES 247.75 251.05 250.00 255.25 248.00 1407.43 331.00 191.00 11 250.90
Clari.Chm 419.30 405.45 419.60 420.00 399.15 129.15 608.00 192.00 19 405.00 Hind.Oil.Ex 79.50 81.75 79.40 82.30 79.20 248.49 114.60 30.55 9 81.85 M U RosariBiotec 751.15 766.85 754.95 818.80 751.05 6008.82 818.80 664.00 - -
CLEducateLtd 38.50 39.70 38.30 40.00 38.10 20.91 99.80 28.40 - 39.50 Hind.Rect [2] 118.80 116.35 118.75 120.00 115.95 12.66 269.95 89.65 10 116.25 M Rossell [2] 96.00 97.15 99.60 99.80 95.05 16.84 99.95 34.90 19 96.95
CMI 32.65 32.90 32.65 33.40 32.00 17.10 78.75 19.50 13 32.95 Hind.Znc [2] 243.15 246.80 246.00 258.95 243.30 4932.76 258.80 122.00 16 246.85 M DH Royal Orchd 62.50 62.75 62.75 64.25 62.50 96.45 98.25 32.40 19 62.75
CochinShip 342.80 352.25 341.00 358.25 336.15 1159.64 491.15 209.00 8 352.95 HindujaGlo 665.00 666.75 669.90 684.40 664.05 9.69 1008.00 412.20 6 666.10 MCX RPG Life [8] 403.80 389.30 406.80 409.00 386.25 147.53 417.00 146.00 19 388.75
Colgate [1] 1447.85 1449.25 1455.00 1486.45 1440.75 999.73 1641.00 1065.20 47 1447.50 HindustnAero 1031.30 1019.15 1032.00 1044.00 1001.00 279.77 1070.40 448.00 12 1018.50 M RPower 3.75 4.05 3.85 4.10 3.8059176.15 5.23 1.00 - 4.01
CompuageInf[2] 12.65 12.80 12.85 13.05 12.65 97.28 21.00 7.49 3 12.81 HindustnFood 716.95 713.50 728.00 730.00 710.00 7.70 764.35 380.00 - - M m RPP Infra 50.95 52.05 50.85 52.95 47.00 39.72 114.00 27.25 6 51.85

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RS  Soft   [5] 18.55 19.50 18.15 20.25 18.15 53.68 25.60 9.60 ­  19.85 SPL  Ind 27.45 29.10 27.90 32.70 27.55 77.40 44.90 19.05 3 29.05 TrejharaSolu 9.65 9.60 9.50 9.60 9.50 1.68 17.85 4.45 ­  ­  Zen  Tech.   [1] 71.15 75.80 71.50 77.00 71.50 1344.66 78.00 22.40 14 75.75
RSWM 74.75 72.10 76.50 77.30 71.55 44.43 130.00 55.60 ­  72.25 SPML  Infra   [2] 7.70 8.45 7.70 8.45 7.70 52.34 15.45 5.00 2 8.54 Trent   [1] 582.35 555.55 582.50 583.20 554.00 415.25 804.05 367.55 138 555.90 ZensarTec   [2] 171.95 175.05 173.80 176.50 170.30 660.19 229.80 63.70 16 175.20
Ruby  Mills   [5] 153.50 155.00 159.90 159.95 153.25 6.24 262.60 112.25 9 153.50 Sr.Leathrs 139.30 138.15 140.45 141.00 138.05 3.98 202.45 87.10 12 138.00 TRF 89.30 107.15 90.00 107.15 88.70 667.01 142.00 45.40 ­  107.30 Zod.Clo 117.90 118.20 117.95 119.95 116.15 1.55 222.00 89.95 ­  116.80
Ruch.Paper 47.15 50.15 47.60 50.95 47.00 133.70 111.00 26.75 4 50.20 Sr.Ray.HHP 175.90 171.45 178.80 178.90 171.00 16.63 186.00 65.05 8 170.60 Trib  Bhimji 35.65 35.20 35.65 36.00 34.90 123.73 52.20 16.50 11 35.25 ZotaHealthCr 142.90 141.85 145.90 145.90 141.00 4.82 236.90 121.10 ­  ­ 
Rupa    [1] 162.35 168.10 163.50 169.70 162.95 56.30 251.00 101.90 17 168.05 SREI  Infr 7.15 7.10 7.05 7.25 6.95 736.30 14.10 3.50 ­  7.11 Trident   [1] 6.80 6.75 6.85 6.85 6.75 4654.55 8.45 3.05 ­  6.78 Zuari  Ag 89.40 93.85 89.75 93.85 87.75 278.34 143.90 44.55 ­  93.45
Rush.Decor 104.20 110.25 104.30 116.30 104.25 61.02 194.00 65.90 7 110.30 SRF 4221.55 4159.40 4224.00 4307.95 4150.00 546.34 4303.80 2492.20 26 4155.95 Trigyn 38.10 38.45 39.35 39.35 36.55 93.48 60.70 18.65 19 38.55 Zuari  Glo 53.50 54.45 54.00 56.55 52.50 123.85 80.40 22.35 4 54.90
SrikalahPipe 181.10 180.30 182.90 183.50 180.05 69.37 234.20 90.35 6 180.00 TRIL   [1] 10.45 10.45 10.60 10.60 10.35 81.87 14.97 4.93 ­  10.52 ZydusWel 1654.95 1637.50 1658.00 1669.95 1615.50 41.92 1858.85 1070.00 ­  1638.35
S ................................................. Star  Pap 99.25 101.80 99.75 103.60 99.00 247.14 174.00 60.00 4 101.85 Triv.Eng   [1] 71.05 77.80 79.00 82.00 77.00 6248.40 88.45 28.90 5 77.75
S  H  Kelkar 79.10 77.55 79.50 80.65 77.15 856.52 147.95 47.60 39 77.80 StarCement   [1] 88.70 90.50 90.05 92.90 90.05 310.63 105.50 56.00 17 90.45 Triv.Tur   [1] 65.35 65.05 66.25 67.50 64.10 231.79 115.00 45.90 19 65.15
Sadbhav   [1] 45.95 46.00 46.90 47.50 45.55 402.06 148.40 23.40 11 46.05 STC  India 53.20 52.75 52.80 54.25 52.20 39.72 141.50 28.25 ­  52.90 TT 32.80 32.75 32.45 32.90 32.25 7.65 49.00 25.20 ­  32.60 Exchange Traded Funds
SadbhavInf 16.70 16.55 16.75 16.80 16.20 184.27 59.75 10.90 ­  16.55 Steel  Strp 427.95 432.40 431.10 436.95 428.05 29.80 798.00 317.35 29 431.55 TTK  Prst 5457.95 5465.70 5437.45 5595.00 5020.00 25.34 6524.65 3918.05 46 5461.95
SafariIndia 360.45 361.35 364.95 364.95 360.05 6.03 698.00 289.60 ­  ­  SteelCitySec 28.40 30.55 29.30 30.95 27.60 19.08 38.00 14.75 ­  ­  TTKHealtcare 543.30 538.45 574.40 595.00 532.00 30.02 615.90 262.05 62 539.15
Stel  Hld   [1] 61.90 60.70 60.00 62.90 59.95 22.69 NA NA ­  ­  TTML 3.60 3.75 3.70 3.95 3.65 3700.09 4.55 1.80 ­  3.79 Company Pre  Cl NSE  Cl Vol 52  WH 52  WL BSE  Cl
Sagar  Cem 456.85 460.55 460.00 480.00 456.85 27.17 679.00 246.00 23 462.10
SagrdeepAloy 130.80 125.55 130.25 132.25 124.30 29.45 137.20 72.50 ­  ­  Ster.Tech   [2] 130.00 134.20 131.50 137.90 131.05 2970.78 179.95 59.80 15 134.20 TubeInvIndia 535.20 532.10 544.00 544.00 526.25 34.44 577.00 254.00 ­  ­ 
SAIL 38.10 38.90 38.40 40.80 38.2575066.49 51.85 20.15 6 38.90 Ster.Tool   [2] 180.10 177.10 180.00 181.95 176.15 40.83 256.05 105.30 46 177.15 TV  Today   [5] 210.80 223.85 211.00 235.70 211.00 817.25 345.35 128.35 13 224.35 Axis  Gold   [1] 48.25 47.05 369.28 53.05 28.46 46.83
SakarHealth 57.50 61.05 59.80 61.90 57.00 46.86 83.75 45.70 ­  ­  Sterlg&Wilsn 256.70 254.25 259.00 264.00 249.20 604.62 753.45 69.70 ­  ­  TV18  Br   [2] 33.65 34.05 33.70 34.85 33.70 4590.54 41.70 11.85 ­  34.05 AXISAMC  ­  AXISNIFTY 116.02 116.54 14.89 1396.28 110.11 ­ 
Saksoft 287.15 281.50 294.00 295.95 275.10 70.30 312.00 105.50 11 281.55 Str.Arcolab 609.05 606.35 610.00 627.95 572.50 4548.10 628.45 271.00 60 605.45 TVS  Mot   [1] 418.65 416.90 419.20 424.00 413.15 2206.47 503.00 240.10 60 416.50 Bank  BeEs   [1] 220.05 224.04 1773.29 332.60 169.70 224.05
SalonaCot 60.40 57.20 58.15 60.00 57.15 0.37 90.75 33.60 26 ­  Subros   [2] 196.85 201.10 197.80 207.50 197.70 211.21 299.50 117.45 23 201.20 TVS  Sri 1605.45 1562.40 1620.00 1668.35 1537.00 34.31 2059.65 760.00 14 1564.95 Birla  Gold 5072.20 4977.45 0.69 5400.00 3400.00 4976.00
Salzer  Elec 91.15 105.65 95.30 109.35 95.00 873.09 136.75 47.30 6 105.30 Sud.Chem   [2] 435.50 437.40 437.70 447.00 435.50 217.15 505.95 286.25 23 437.45 Birla  Nifty   [100] 120.94 120.72 0.04 5800.00 3407.00 4936.75
Sambhaav   [1] 2.10 2.00 2.20 2.20 2.00 12.49 4.15 1.15 ­  ­  Sumit.Sec 400.10 392.00 410.00 410.00 390.10 3.43 530.00 203.00 15 393.80 U................................................. BIRLASLAM  ABSLBANETF 224.92 218.15 0.15 330.00 161.21 ­ 
Sanco  Ind 9.30 11.10 9.50 11.15 9.00 529.94 23.25 6.00 ­  ­  SumitomoChem 286.45 275.30 288.20 290.60 273.10 798.89 317.00 151.05 ­  ­  UB   [1] 968.25 969.15 970.00 981.00 965.25 336.78 1403.25 758.75 60 968.90 BIRLASLAMC ABSLNN50ET 288.00 288.00 0.01 340.00 193.00 ­ 
Sandesh 481.45 485.15 481.45 496.00 476.30 0.65 752.00 380.00 6 485.60 Sun Phr Adv  [1] 187.70 182.95 188.85 189.75 182.00 693.52 210.70 81.00 ­  183.00 Ucal  Fuel 111.30 111.60 111.15 114.30 110.65 42.93 158.70 63.00 73 111.60 ConsConstCon 94.63 94.40 87.01 108.00 61.00 ­ 
SandharTech 207.75 206.30 207.75 209.35 204.00 5.85 302.00 121.10 20 205.85 Sun  TV   [5] 398.05 397.00 400.00 407.50 395.25 3209.86 550.95 259.80 11 396.80 Uco  Bk 13.75 13.65 13.80 13.85 13.60 1677.95 22.20 8.40 ­  13.66 DSPBRAMC  ­QUIDETF 999.99 999.99 19.26 1096.00 875.00 ­ 
Sang.Forg 18.50 20.35 18.65 20.35 18.65 6.74 33.80 13.70 ­  19.11 Sund.Brak 228.00 225.55 232.50 232.50 222.00 2.60 360.50 124.00 ­  221.75 Uflex 320.80 329.15 323.30 344.95 322.00 864.37 344.90 119.95 17 329.05 EdeAMCNifEES 14400.00 14550.00 0.00 16015.83 7500.90 ­ 
Sangam 48.30 46.60 48.65 48.70 46.25 35.08 70.50 32.15 14 46.85 Sund.Clay   [5] 1670.90 1647.45 1670.90 1700.00 1633.00 2.16 2334.75 970.50 114 1651.90 UFO  Moviez 70.50 76.15 70.50 77.10 69.40 791.82 165.00 60.00 8 75.95 EDELAMC  ­  EBANK 2402.50 2415.00 0.00 3953.96 1832.01 ­ 
Sangh.Mov   [2] 70.00 70.55 71.15 72.40 69.05 23.25 120.00 44.65 ­  71.00 Sund.Fast   [1] 429.10 423.00 429.30 433.90 422.10 36.57 533.00 249.00 28 422.65 Ugar  Sug   [1] 13.90 14.60 14.95 15.10 14.45 645.19 16.25 7.23 12 14.60
Sund.Fin 1313.85 1351.20 1347.95 1365.00 1321.10 54.97 1780.90 1019.75 20 1354.70 EDELAMC  ­  EBBETF0423 1079.94 1078.87 14.76 1144.50 830.90 ­ 
Sanghi  Ind 25.65 25.45 25.95 26.60 25.30 1242.24 61.20 15.15 10 25.45 Ujaas   [1] 4.60 4.80 4.55 4.80 4.50 1959.75 10.46 2.18 ­  4.78 EDELAMC  ­  EBBETF0425 1003.54 1003.63 5.48 1101.00 1000.28 ­ 
SanginitChem 75.05 69.50 75.05 75.05 68.00 32.35 155.95 60.15 ­  ­  SundarFinHol 47.50 47.80 48.00 48.15 47.50 50.87 82.30 35.05 ­  ­  UjivanFinSer 237.95 234.85 240.30 242.90 230.20 3123.42 415.40 124.55 ­  234.80
Sunflag 46.60 46.60 46.95 47.90 45.90 662.33 48.30 21.15 9 46.60 EDELAMC  ­  EBBETF0430 1105.31 1104.04 26.36 1190.00 991.10 ­ 
Sanofi 8446.80 8488.95 8500.00 8528.80 8439.10 15.33 8528.45 5610.00 38 8482.80 UjjivanSFB 35.10 35.05 35.00 35.35 34.50 1247.52 62.80 23.10 ­  ­  EDELAMC  ­  EBBETF0431 1002.00 997.03 34.10 1008.47 996.00 ­ 
Sarda  Ene 203.10 216.30 205.00 232.70 205.00 462.30 268.50 97.50 5 216.65 Sunteck   [1] 229.50 220.65 231.00 231.00 220.00 223.50 487.35 145.00 41 220.40 Unichm  Lab   [2] 251.95 243.80 254.70 256.30 240.50 134.69 304.20 75.10 ­  244.10
Superhouse 86.55 86.20 87.05 87.60 85.80 6.23 104.30 52.55 4 86.10 EDELAMC  ­  EQ30 338.00 335.00 0.03 352.36 238.00 ­ 
Saregama 497.70 474.65 499.00 499.00 468.00 32.00 540.50 185.00 12 474.65 Union  Bk 29.50 30.70 29.70 31.00 29.25 6911.87 65.70 22.60 ­  30.70
Sarla  Perf   [1] 16.45 15.90 16.65 16.65 15.80 246.82 28.00 10.85 6 16.00 Supr.Ind   [2] 1254.70 1253.45 1273.00 1273.00 1244.05 34.14 1413.95 791.15 34 1253.45 Gold  BeEs   [1] 48.40 47.30 10759.27 49.50 31.00 47.33
Uniph.Ent   [2] 62.05 61.65 63.65 63.75 60.80 3.22 77.00 31.20 21 60.65
Sasken 610.80 604.90 622.00 625.00 601.55 68.39 669.25 342.20 10 604.30 Supr.Petro 188.25 194.65 187.00 196.30 187.00 50.15 202.55 113.10 38 194.10 Uniply   [2] 5.50 5.50 5.50 5.60 5.30 546.02 59.80 3.67 3 5.47 Goldmanamc  ­  CPSEETF 17.66 17.63 1201.24 25.10 11.55 17.62
SastaSunVent 100.80 99.90 107.40 107.40 98.10 4.72 113.80 40.00 ­  100.05 Suprajit   [1] 170.20 171.70 166.35 175.40 165.00 182.86 220.00 100.00 17 171.90 United  Nil 298.40 299.20 293.25 308.00 293.25 3.14 390.00 165.00 ­  ­  HangSengBees   [1] 350.80 349.09 0.31 391.60 268.00 346.49
SatiaIndus 109.75 109.80 110.00 110.00 108.20 47.78 810.00 50.10 ­  ­  Surana  Tel   [1] 3.75 3.70 3.90 3.90 3.65 19.06 5.39 2.05 ­  3.73 United  Spr   [2] 594.85 582.80 597.70 598.00 581.50 2551.51 742.95 443.00 115 582.90 HDFC  Gold   [100] 4961.25 4845.95 29.52 5088.50 3340.00 4852.59
Satin  Credit 73.00 69.55 73.40 73.70 68.60 373.87 297.44 43.07 3 69.70 Surya  Rosh 153.75 167.15 160.00 172.95 157.10 610.85 202.25 61.70 11 166.10 Univ.Cab 126.55 123.00 128.00 128.00 120.00 52.03 200.10 68.00 10 122.65 HDFCAmc­Nift   [100] 1186.43 1187.25 2.19 1304.42 843.70 1190.38
Savita  653.85 668.65 654.95 680.00 653.95 3.54 1038.00 497.00 10 676.50 Sutlej  Te   [1] 18.80 18.80 19.35 19.35 18.65 142.33 38.90 15.40 ­  18.80 UnivastIndia 34.25 32.65 34.50 35.00 32.25 3.18 47.75 26.05 ­  ­  HDFCAmc­Sens 4012.72 4066.19 0.11 4966.00 2940.00 ­ 
SBICards&Pay  S 761.60 780.35 765.75 790.90 761.00 3956.86 798.45 495.00 ­  ­  Suven  Lif   [1] 53.35 50.70 58.65 58.65 49.55 6411.95 67.40 11.42 ­  50.70 UniversusImg 218.80 229.70 229.70 229.70 229.70 7.70 229.70 38.00 ­  ­  IBULLSAMC  ­  IBMFNIFTY 115.83 116.25 0.21 140.00 68.09 ­ 
SBILifeInsur 865.75 860.60 868.00 878.00 857.50 971.87 1030.00 520.00 60 860.35 SuvenPharma 711.20 703.75 740.00 750.00 685.10 626.09 750.00 175.20 ­  ­  Usha  Mar   [1] 22.30 21.90 22.50 22.90 21.50 841.84 34.55 10.50 2 21.80 ICICIPRAMC  HARATIWIN 26.19 26.43 271.97 36.80 20.70 ­ 
SchaeflerInd 3600.30 3556.60 3616.05 3617.60 3540.00 2.18 4950.00 3044.10 52 3546.40 Suzlon   [2] 4.50 4.30 4.45 4.50 4.3030857.68 6.19 1.65 ­  4.26 Utm.Sug 81.80 85.95 88.80 88.80 84.55 225.34 130.00 39.30 6 85.60 ICICIPRAMC  ­  ICICI500 151.49 151.53 2.25 179.00 88.02 ­ 
Schneider   [2] 75.80 79.05 76.15 80.30 76.05 335.82 113.90 58.00 ­  79.00 Swan  Ener   [1] 148.70 147.00 147.55 150.35 145.25 216.01 158.30 97.00 ­  147.10 ICICIPRAMC ­ ICICIBANKP 118.41 120.45 28.53 188.00 85.95 ­ 
SCI 60.85 59.25 61.80 62.10 59.05 3474.84 69.80 24.85 4 59.25 Swaraj  Eng
Swle.  Ener
1495.20
102.45
1523.50
102.40
1519.95
100.30
1542.20
104.40
1481.90
100.30
14.72
1.95
1549.00
171.00
807.35 30 1525.55
56.30 29 101.45
V ................................................. ICICIPRAMC  ­  ICICILIQ 1000.00 999.99 11.55 1200.00 805.95 ­ 
Seamec 416.35 413.90 420.55 420.60 412.85 5.53 530.00 195.00 8 412.15 V  Mart 1775.50 1785.60 1760.00 1805.00 1710.00 20.33 2545.00 1293.70 ­  1792.35 ICICIPRAMC  ­  ICICIM150 62.50 62.40 0.36 75.00 45.10 ­ 
SecuriIntSvc  [5] 370.55 380.00 374.00 387.75 373.85 102.46 624.10 323.90 105 380.60 Symphony   [2] 847.60 840.40 848.00 855.00 831.00 131.70 1407.35 690.00 36 841.55
V2  Retail 44.20 48.60 44.00 48.60 44.00 534.19 179.30 31.50 ­  48.65 ICICIPRAMC  ­  ICICINXT50 27.81 27.79 15.92 32.77 17.00 ­ 
Selan  Exp 113.95 115.20 114.20 117.35 113.80 31.42 181.00 62.35 6 114.95 Syngene  Int 481.80 492.15 484.25 500.00 481.25 1005.99 504.20 201.65 57 492.80
VA  T  Wab   [2] 149.30 140.50 146.80 147.55 137.35 816.76 311.90 73.00 13 140.70 ICICIPRAMC  ­  IPRU5008 217.41 221.36 26.14 374.20 164.32 ­ 
Sequent  Sc   [2] 140.95 135.05 142.35 143.40 133.60 1714.01 145.45 52.00 125 134.95 ICICIPRNIFLWVL30ETF 49.36 48.19 1193.54 54.10 30.00 ­ 
Sesh.Paper   [2] 150.20 156.05 151.40 160.00 150.35 186.57 225.70 82.05 6 155.70 T ................................................. Vadilal
VadivrSpeChe
617.90
74.20
612.70
75.20
613.85
76.00
634.70
78.05
610.00
75.05
8.19
3.43
898.95
101.95
394.05
40.05
­  612.55
­  ­  ICICIPRNIFLWVL30ETF 62.15 62.23 14.70 70.60 37.60 ­ 
SetcoAuto   [2] 9.95 10.50 10.45 10.65 10.00 121.27 19.30 5.45 8 10.56 Tainwala 51.55 50.05 52.10 52.15 49.75 5.06 81.75 31.75 18 51.00 Vaibhav 1693.15 1913.10 1708.00 1958.00 1700.00 149.52 1955.00 490.00 52 1925.60 ICICIPRUDENTIALNV20ETF 57.54 57.43 5.93 62.00 32.89 ­ 
SeyaIndus 77.90 76.10 78.00 79.70 75.05 17.43 475.00 36.05 ­  ­  Taj  GVK   [2] 141.70 142.45 143.00 145.20 141.50 89.10 222.95 82.00 ­  142.65 VaishaliPhar 42.30 43.20 43.00 44.50 42.20 5.66 57.75 36.45 ­  ­  ICICIPRUDNIFTY100ETF 122.70 123.26 1.39 150.00 90.10 ­ 
Shal.Paints   [2] 61.85 63.35 62.60 66.70 62.15 324.97 111.00 43.85 ­  63.40 Take  Sol   [1] 50.25 48.50 51.00 51.95 48.35 1154.75 137.90 37.15 29 48.55 Vakrang   [1] 32.00 31.50 32.15 32.35 31.30 1075.45 55.50 17.10 ­  31.50 ICICIPRUDNIFTYETF 119.30 119.59 127.39 141.00 81.31 ­ 
SHALBY 80.85 90.90 82.10 94.70 82.00 1514.22 123.05 40.05 35 90.85 Talbros 104.75 109.60 107.05 113.00 105.75 70.61 161.20 62.05 16 108.90 Vard  Text 691.60 700.70 690.00 709.95 690.00 10.67 1104.95 592.90 10 701.20
ShankarBldg 362.45 366.55 363.95 375.50 361.70 95.87 583.00 214.60 31 367.00 Tanla  Sol   [1] 163.65 166.55 168.00 177.40 162.00 1594.36 177.35 38.00 ­  166.70 ICICIPRUDSENSEXETF 409.05 412.78 0.26 515.00 290.00 ­ 
Vard.Acry 29.10 29.20 29.45 30.35 28.90 42.31 281.17 95.65 ­  118.00 IDBI  Gold   [100] 5130.45 4954.35 6.76 5800.00 3407.00 4936.75
Shanthi  Grs   [1] 89.25 89.15 91.00 91.05 88.40 37.15 110.45 56.30 56 89.35 Tarmat 36.25 38.05 38.05 38.05 38.05 13.84 38.45 18.55 7 38.45 Vard.Hld 1284.00 1262.30 1298.95 1298.95 1255.00 0.36 1724.00 710.05 12 1269.95
Sharda  Motor 855.10 884.00 855.45 918.00 855.45 8.11 1215.00 483.00 9 882.30 TastyBiteEat 12302.25 12195.45 12399.95 12497.90 12134.00 1.12 13747.10 7442.55 90 12184.95 IDFCAMC  ­  IDFNIFTYET 114.86 115.01 0.08 133.00 86.00 ­ 
VarrocEngg 222.70 215.75 226.00 226.00 214.45 245.22 526.60 120.00 ­  ­  Infra  BeEs 330.30 329.02 0.49 1260.00 780.00 1171.00
ShardaCropch 309.65 316.15 313.00 324.00 307.05 175.58 341.50 99.00 15 316.35 Tata  Chem 301.15 297.05 302.20 302.60 295.80 1292.97 339.95 197.40 10 297.05 VarunBevera 742.00 740.40 750.00 758.15 738.20 201.54 869.95 485.05 79 742.90
SheelaFoam   [5] 1380.85 1350.35 1407.85 1409.95 1327.00 76.53 1770.00 1084.00 41 1352.40 Tata  Cof   [1] 109.00 105.45 110.00 111.50 103.90 1973.42 111.60 47.10 30 105.25 InvesIndGold   [100] 5087.75 4972.95 1.17 5445.00 3311.00 4910.01
Vascon 8.85 8.80 8.75 9.00 8.75 173.28 18.87 6.02 4 8.79
Shemaroo  Ent 52.95 53.90 53.00 54.50 53.00 140.12 297.00 41.80 5 53.95 Tata  Com 853.10 817.65 857.40 883.00 811.00 176.98 885.00 205.70 46 815.80 Kotak  Nifty   [5] 116.97 117.98 228.60 1739.95 1000.35 1364.60
VEDANTA   [1] 125.20 125.60 126.70 127.60 124.7512100.88 166.95 60.30 8 125.65
Shilpa  Med   [1] 665.35 651.50 679.00 695.00 643.90 495.95 692.45 190.80 24 650.65 Tata  Elxsi 1019.95 1011.65 1025.05 1036.00 1004.00 434.28 1098.75 501.00 23 1011.35 Venky's 1071.90 1108.45 1076.95 1145.80 1075.00 298.11 1943.00 580.00 ­  1107.20 Kotak  PSU  Bk 142.00 140.60 6.08 270.00 106.39 140.74
ShirpurGold 8.25 8.50 8.50 8.95 8.20 72.56 18.40 5.20 ­  8.52 Tata  Inv 776.25 780.40 787.00 795.00 777.05 23.46 1025.00 592.15 35 779.40 VertozAdvtsg 119.05 121.95 119.10 124.00 116.00 38.93 132.90 67.15 ­  ­  KOTAKMAMCKOTKBKETF 220.53 225.08 1065.26 365.70 167.00 ­ 
Shiv.Global 8.40 8.50 8.70 8.70 8.20 9.55 11.37 5.55 ­  8.43 Tata  M  DVR   [2] 42.85 41.55 43.20 43.50 41.40 8004.14 84.40 28.35 ­  41.55 Vesuvius 907.35 913.55 908.55 921.90 891.25 3.23 1226.55 746.65 22 908.25 KOTAKMAMC­KTNV20ETF 58.36 58.74 4.10 70.00 38.50 ­ 
ShivaMills 23.95 23.30 22.35 23.90 22.35 8.10 45.80 17.40 18 23.60 Tata  Metlk 499.60 510.05 505.00 522.00 500.00 105.35 688.00 311.40 11 509.90 Veto  Switch 44.30 45.05 45.65 46.10 42.25 24.70 62.65 25.75 8 44.85 Kotal  Gold 485.10 472.00 181.45 507.00 321.00 472.04
ShivaTaxyarn 80.55 82.20 80.55 85.75 78.05 6.14 138.40 40.60 69 83.85 TataConsProd 520.30 515.90 524.50 527.90 514.30 4690.42 529.95 213.70 ­  ­  V­Guard   [1] 162.35 162.25 164.50 166.00 161.60 1535.18 259.70 149.00 51 162.30 LICNAMC  ­CNFENGP 119.05 117.23 0.48 150.00 79.90 117.44
Shop.Stop   [5] 159.75 163.50 159.10 168.50 159.10 621.45 446.60 131.35 ­  163.60 TataPowerC   [1] 51.45 51.90 51.95 52.60 51.1020281.31 68.80 27.00 ­  51.95 VidhiSpclIng  [1] 91.15 90.10 92.70 92.70 88.50 99.96 94.35 38.75 13 90.20 LICNAMC  ­CNFESGP 392.32 399.00 0.01 588.00 305.02 ­ 
Shr.CU.Fin 661.15 661.80 668.75 668.75 658.00 23.44 1571.65 617.00 4 662.60 TataSteelBSL 24.40 24.75 24.40 25.50 24.25 3923.32 32.55 15.10 ­  ­  VikasEcoTec  [1] 8.65 9.05 9.05 9.05 9.05 72.55 9.58 0.96 ­  9.58 LICNAMC  ­CNFNHGP 117.50 117.51 0.04 164.95 77.00 ­ 
Shr.EPC 3.55 3.55 3.60 3.60 3.50 211.44 14.00 1.96 ­  3.55 TataStlLngPr 284.00 302.95 282.00 309.00 282.00 154.83 486.80 164.00 ­  ­  VikasPro&Gnt 3.50 3.65 3.65 3.65 3.65 1279.07 11.30 2.95 ­  ­  LICNAMC  ­CNMFET 21.29 21.32 18.82 25.50 17.60 ­ 
Shr.Ram.Mul  [5] 6.15 6.15 6.45 6.60 5.65 68.15 7.50 2.71 2 6.23 TCI  Devl 268.10 283.35 292.00 292.00 272.10 0.36 444.75 205.55 ­  278.85 VikasWSP 6.40 6.20 6.60 6.75 6.10 1031.51 7.40 4.75 ­  ­  Liquid  BeEs   [1000] 1000.00 1000.00 865.96 1008.70 997.55 1000.00
Shr.Ren.Sug   [1] 9.65 10.10 10.10 10.10 10.05 475.28 12.45 3.20 ­  10.12 TCI  Express   [2] 710.15 721.20 720.00 727.20 715.00 20.51 950.45 491.00 39 721.05 Vimta  Lab   [2] 117.70 115.95 119.85 119.85 112.10 549.52 139.95 51.05 66 116.10 MIRAEAMC  ­  MAN50ETF 114.70 115.50 11.68 135.00 75.10 ­ 
Shr.Tr.Fin 674.35 675.35 680.00 682.00 665.50 2081.80 1337.02 430.38 7 674.90 TCNSClothing 336.25 337.35 340.00 347.05 336.25 7.92 781.05 295.10 ­  ­  Vinati  Org   [1] 971.95 972.10 978.90 985.00 970.30 47.43 1255.50 651.00 31 973.05 MIRAEAMC  ­  MANXT50 276.00 276.00 0.74 339.00 151.00 ­ 
Shre  PushChe 116.55 115.40 118.95 118.95 114.15 26.70 143.50 57.00 11 115.65 TCPLPackage 350.10 333.20 359.00 359.00 328.00 17.47 359.95 130.00 ­  ­  Vindh.Tel 712.95 704.95 715.00 726.00 694.00 12.31 1144.00 380.00 7 706.45 Most­Gold 17.05 17.16 43.64 19.65 12.30 17.26
ShreDigvjCem 47.60 47.75 47.90 48.55 47.50 372.80 60.20 34.30 ­  ­  TD  Power 113.75 113.10 113.85 114.00 111.15 20.91 189.80 71.90 55 112.95 Vinyl  Chm   [1] 90.20 88.00 91.00 91.40 87.15 58.47 119.80 36.95 20 87.75
SHRENIK 51.45 52.25 52.30 52.40 51.35 91.31 63.00 12.00 ­  ­  TeamleaseSvc 2092.25 2069.60 2137.00 2137.00 2050.70 63.37 3191.70 1421.35 91 2065.75 MostM50   [7] 110.31 111.30 0.83 124.70 78.00 111.75
VIP  Ind   [2] 259.75 259.85 262.50 265.00 259.10 720.93 519.90 187.95 ­  259.60 MostM50 820.98 814.10 52.77 835.00 500.00 814.09
Shreyans 77.50 79.15 78.25 80.00 77.25 20.33 155.40 55.50 4 78.85 Technocr 227.45 233.40 232.85 235.25 225.00 6.66 418.35 144.00 6 235.05 Vipul  Ltd   [1] 14.15 13.55 14.20 14.20 13.30 3.64 37.00 12.50 ­  13.45
Shreyas 87.45 83.00 95.00 95.00 81.95 77.24 105.20 35.00 22 82.90 TechnoEle&En 180.30 181.95 183.00 183.00 178.60 13.82 322.00 171.05 ­  ­  NI I ETF NIFTY MIDCAP 150 62.72 62.34 28.00 75.00 40.05 ­ 
Visak.Ind 327.40 327.90 327.40 335.05 324.65 112.54 359.90 95.00 9 329.00 NiftyBeEs   [1] 119.97 120.44 755.38 132.80 82.50 120.33
Sicagen 12.40 11.90 12.00 12.75 11.80 25.39 22.10 7.80 ­  12.40 TeraSoftware 30.85 29.00 31.80 32.75 28.55 135.54 36.80 12.55 6 29.05 Vishnu  Chemi 190.85 191.50 191.70 199.00 189.95 61.80 201.65 60.90 17 191.35
Sical  Log 9.10 9.10 9.30 9.30 9.00 115.26 38.90 4.95 ­  9.11 Tex.Infra   [1] 37.65 36.85 37.90 37.95 36.75 53.44 56.15 22.50 ­  37.30 NiftyJrBeEs   [1] 287.94 286.54 41.45 304.00 190.00 286.00
VishwarajSug 83.95 87.05 88.00 95.00 86.50 65.70 102.00 51.30 ­  ­  NIIndETFLong 21.91 21.92 95.62 25.50 16.60 ­ 
Siemens   [2] 1132.30 1158.30 1138.00 1173.00 1127.05 1030.24 1716.55 947.00 54 1158.00 Tex.Pipe 12.85 12.95 12.60 13.30 12.60 92.83 18.55 7.01 7 13.02 VLS  Fin 53.20 52.75 54.50 54.50 51.95 28.43 65.45 26.50 6 52.50
SignetIndus 20.50 21.00 20.00 21.60 19.40 8.84 28.40 13.05 ­  ­  Tex.Rail   [1] 26.00 25.70 26.25 26.25 25.60 491.43 53.22 14.50 9 25.80 NIPETFDivOpp 28.69 28.11 5.11 34.00 17.12 ­ 
Voltamp 1138.15 1122.70 1149.75 1149.75 1108.00 10.71 1475.00 710.00 13 1125.00
SIL  Inv 139.75 141.45 142.35 144.80 137.15 2.12 176.00 70.00 5 141.70 Thanga.Jwl 341.20 340.25 338.05 342.00 336.00 70.85 485.00 216.90 18 338.25 Voltas   [1] 586.85 608.00 588.60 617.75 588.05 4885.54 740.50 428.00 33 608.20 NIPP INDIA ETF NIFTY 100 116.70 115.91 0.11 135.00 70.90 ­ 
SillymonkEnt 30.90 31.00 31.15 31.90 30.15 2.42 37.50 26.90 ­  ­  The  Byke  Hos 14.25 14.05 14.50 14.50 13.65 142.23 26.65 7.65 14 13.99 VRL  Logistic 149.55 150.05 151.90 151.90 149.20 96.17 300.10 120.50 15 150.10 NippoIndETF 53.12 53.47 4.56 63.00 42.50 ­ 
Simp.Inf   [2] 35.35 34.85 37.10 37.10 34.45 407.71 67.80 16.45 ­  34.90 TheAnupEngg 577.20 544.30 582.00 596.95 525.65 25.10 678.65 225.05 ­  ­  VST  Ind 3464.00 3427.40 3480.00 3480.00 3414.10 6.49 4856.45 2550.00 17 3422.40 NIPPON  INDIA  ETF  NV20 58.93 59.49 10.94 598.00 41.00 ­ 
SircPaintInd 231.55 233.35 235.80 235.80 228.90 11.81 321.95 157.40 ­  ­  TheGrobTeaCo 440.05 431.75 440.10 448.95 415.25 0.14 613.90 210.30 ­  ­  VST  Til 1482.05 1496.65 1520.00 1550.00 1450.00 160.87 1552.55 601.00 55 1495.05 PSU  Bk  BeEs   [1] 15.77 15.69 49.60 30.16 11.67 15.70
Siyaram   [2] 145.55 147.70 146.70 149.95 145.15 109.78 278.00 94.00 10 147.55 TheInvstTrst 104.60 108.20 106.00 109.95 105.00 11.08 157.95 62.40 ­  ­  Qgold   [100] 2412.00 2362.95 2.98 2500.00 1615.05 2361.99
SJVN
SKF  India
22.25
1479.15
22.10
1507.70
22.35
1489.75
22.35
1525.00
22.10 1491.40
1475.00 31.20
27.30
2313.00
17.15 5 22.15
1237.50 35 1506.80
Themis
TheNewIndA  [5]
399.75
117.45
397.50
116.75
412.00
118.45
412.00
118.70
395.25 11.43
116.45 452.11
458.00
179.05
154.50
75.00
23 396.30
14 116.65
W ................................................ RELCAPAMC  NETFIT
SBIAMC  ­  SBIETFQLTY
18.24
101.70
18.20
102.61
5428.98
1.62
21.40
115.00
14.00
73.20
­ 
­ 
Skipper   [1] 40.05 40.55 39.60 43.15 39.60 166.42 62.90 17.55 10 40.35 Thermax   [2] 749.60 738.85 757.00 757.00 734.90 42.91 1180.00 644.00 39 736.50 Wabco  Ind   [5] 7001.45 7002.00 7018.45 7019.80 7000.15 42.10 7018.00 5296.75 84 7002.00
Walch.Ind   [2] 54.85 57.55 57.55 57.55 57.55 88.23 81.40 22.15 ­  57.10 SBIAMC  ­  SETF10GILT 204.56 204.20 1.75 240.42 154.27 ­ 
SKM  Egg 37.25 38.15 37.05 39.35 37.05 46.42 48.00 20.20 19 38.20 Thiru.Chem   [1] 62.25 61.65 62.80 63.90 61.00 598.18 86.95 31.50 16 61.60 SBI­ETF  Gold 4965.25 4861.30 41.39 5135.75 3281.35 ­ 
Smartlink   [2] 67.70 64.80 68.90 68.90 63.60 26.37 100.90 50.00 ­  64.70 Thom.Cook   [1] 30.55 30.50 31.40 31.40 30.25 430.21 85.51 21.80 ­  30.50 Waterbase 93.40 93.45 94.05 95.35 93.05 103.57 114.40 89.30 ­  ­ 
Weizman 29.55 29.75 30.75 30.75 28.20 8.73 43.35 14.25 12 30.65 SBI­ETF  NIFTY  50 116.44 116.81 138.80 138.55 79.00 ­ 
SML  Isuzu 410.80 412.55 414.90 423.00 410.00 38.94 664.00 280.00 ­  412.45 ThyrocareTec 712.60 704.45 715.00 719.00 700.00 97.49 736.00 410.00 42 703.10 SBI­ETF  NIFTY  BANK 218.43 221.65 49.46 373.20 169.00 ­ 
SMS  Phr   [1] 91.55 96.50 92.40 100.95 92.15 3323.66 100.80 23.55 25 96.60 Tidewater   [5] 4729.00 4831.25 4800.00 4929.00 4799.95 5.59 5200.00 2654.30 16 4835.30 Wels.Corp   [5] 103.65 108.80 103.70 108.80 103.70 1460.55 233.70 55.00 4 109.25
Wels.India   [1] 44.85 47.05 47.05 47.05 46.10 1998.57 59.30 18.30 14 47.05 SBI­ETFNN50 285.00 284.06 13.57 328.10 190.00 ­ 
SMSLifeScien 459.05 444.60 459.05 470.00 438.00 20.94 555.90 152.65 ­  ­  Tijaria 5.65 5.90 5.90 5.90 5.65 20.69 13.25 3.76 ­  5.97
SnowmanLogi 29.80 30.45 29.85 30.85 29.70 672.80 45.80 24.60 ­  30.40 TIL  141.80 147.30 142.85 149.70 140.10 22.57 231.95 92.30 ­  146.90 Wels.Inv 243.00 232.00 239.85 239.85 232.00 0.03 270.05 139.65 12 227.00 Sharia  BeEs 280.00 286.22 0.81 301.70 186.90 292.42
Sobha 230.90 224.25 232.70 235.50 222.50 505.08 550.00 117.90 10 224.40 Tilakngr  Ind 17.55 18.05 17.55 18.30 17.10 118.63 22.95 12.14 ­  18.20 Welspun  Ent. 62.40 65.20 62.45 66.45 62.45 262.23 104.00 33.35 7 65.05 TATAAML  ­  NETF 113.85 113.95 0.97 125.67 77.81 ­ 
Solar  Ind   [2] 1002.90 1010.15 1002.90 1028.05 1001.35 15.09 1350.00 772.05 43 1009.40 Time  Gty 26.65 26.00 25.45 26.00 25.40 1.92 39.35 14.25 18 27.05 Wendt 2538.05 2538.00 2538.80 2589.90 2522.00 0.20 3390.00 1590.00 91 2525.05 TATAAML  ­  NPBET 120.00 120.00 0.05 190.00 88.11 ­ 
SolarActPhSc 979.40 958.35 994.90 1028.80 940.00 291.82 1028.80 336.60 ­  ­  Time  Tech   [1] 39.95 39.40 40.25 40.60 39.05 268.49 73.90 22.75 9 39.70 West  C  Pap   [2] 182.20 191.10 184.00 202.95 182.30 1002.74 286.00 99.90 5 191.55 UTI  Gold   [100] 5095.80 4924.55 8.10 5600.00 3280.55 4920.97
Som  Dist 47.15 46.25 47.15 47.80 46.00 145.84 129.65 45.00 9 46.35 Timken 1017.95 1003.25 1015.00 1035.00 985.00 23.39 1101.00 650.00 31 994.25 WestlifeDevp 362.80 353.45 365.00 365.50 352.50 90.77 499.40 261.45 ­  ­  UTIAMC  ­  UTINEXT50 284.00 284.00 0.93 335.00 202.10 ­ 
Somany   [2] 134.55 133.75 134.75 137.35 132.85 41.82 324.00 77.00 ­  133.75 Tinplate 147.65 147.65 148.70 152.00 147.05 1213.07 163.95 56.50 20 147.60 Wheels  Ind 426.95 433.05 429.70 437.75 419.85 16.56 720.00 284.15 245 432.70 UTIAMC  ­  UTINIFT 1198.30 1209.30 0.58 1480.00 840.00 ­ 
SomanyHomInn 71.55 72.85 73.95 73.95 71.40 43.36 197.80 53.55 ­  ­  Tips  Ind 190.70 192.95 190.40 200.45 182.20 55.48 201.20 56.30 22 192.85 Whirlpool 2070.65 2066.65 2071.15 2090.15 2050.00 83.09 2570.00 1343.00 87 2064.40 UTIAMC  ­  UTISENS 401.54 398.10 0.26 452.00 301.00 ­ 
SomiConveyor 16.80 17.35 17.40 20.15 15.60 27.95 20.70 9.15 8 17.64 TirpathiForg 30.20 31.70 31.70 31.70 31.70 0.71 31.70 24.80 ­  ­  Wil.Magor 19.95 18.80 19.75 19.85 18.50 10.61 26.98 10.37 ­  19.65 UTIAMC  ­  UTISXN50 291.00 291.68 0.00 390.40 190.67 ­ 
Sonata   [1] 290.55 283.00 290.00 292.00 269.45 611.61 354.40 148.10 14 283.05 Tita.Wag   [2] 40.90 41.75 40.80 42.75 40.65 310.46 61.45 20.50 7 41.75 Win.Diamond[2] 13.25 13.15 13.25 13.60 12.70 32.82 26.05 7.75 8 13.45
SorilInfrRes 51.80 51.95 53.00 54.60 50.50 272.12 152.80 36.90 ­  52.05 TN  News 114.10 118.75 114.20 119.50 113.90 1045.89 215.40 85.00 6 118.80 Wockhardt   [5] 318.25 318.30 320.75 328.90 316.05 689.76 411.60 147.20 ­  318.05 *:  Closing  price  is  the  average  of  trade  price(s)  for  the  last  half  an  hour;52­Week  High/Low  figures
South  In  Bk   [1] 7.00 7.05 7.05 7.10 7.00 7220.81 12.47 4.85 ­  7.03 TN  Petro 36.00 36.60 36.65 37.15 36.25 354.84 48.00 18.55 7 36.60 WonderlaHoli 143.55 156.35 144.80 158.80 144.00 194.33 300.00 104.95 ­  157.35 pertain  to  BSE.
SpacenetEnt 0.65 0.70 0.70 0.70 0.70 0.27 1.75 0.65 ­  ­  Tokyo  Pl 60.45 59.85 58.55 61.25 58.55 2.43 92.30 48.00 ­  59.45 WorthPeriprl 48.80 46.45 48.80 48.80 46.05 12.16 52.00 44.40 ­  ­  Shares  of  face  value  other  than  ₹10  is  indicated  in  brackets  immediately  following  the  name  of  the
SpandnaSphor 625.55 625.50 639.70 640.00 622.00 14.40 1397.00 405.00 ­  ­  Tor.Pwr 339.00 338.95 340.90 344.45 338.05 1329.92 357.50 239.65 7 338.85 company.
SPApparels 71.80 73.30 73.45 73.90 72.00 16.00 245.95 57.95 4 73.10 TorrentPhar   [5] 3010.80 2870.40 3011.00 3031.20 2860.15 1218.14 3040.00 1554.65 48 2870.50 X-Z . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Qty  (No  of  shares  traded)  is  denoted  in  thousands.
Spec.Rest 34.45 33.95 35.90 35.90 33.55 43.63 83.05 20.45 ­  34.25 Tou.Fin.Cor 36.90 35.85 36.90 37.20 35.55 209.16 89.00 27.35 4 35.90 Xchang 65.75 65.20 65.10 66.45 64.80 301.52 69.40 25.00 32 65.35
SpencersRetl 88.40 86.80 89.20 89.30 86.40 559.18 111.25 53.75 ­  ­  TPL  Plastech 114.60 117.00 116.00 120.70 115.05 11.74 157.90 57.25 9 116.90 Yes  Bk   [2] 14.80 15.50 15.50 15.50 15.5034750.94 87.95 5.55 ­  15.58 The  PE(price­earnings  multiple)  of  each  stock  is  based  on  the  latest  declared  earnings.
SPIC 23.50 23.80 23.75 24.30 23.15 335.30 25.90 9.50 8 23.75 Trans.Corp   [2] 177.65 187.35 179.90 191.90 179.85 147.12 312.00 121.25 11 186.80 Zee  Learn   [1] 13.95 13.95 14.15 14.20 13.85 562.06 28.45 11.46 6 13.97 The  PE  computation  takes  into  account  the  per  share  earnings  of  each  company  for  the  latest  12
Spicejet 46.15 46.45 46.60 47.80 45.65 4776.43 152.85 30.65 ­  ­  Tree  Hse 7.10 7.45 7.45 7.45 7.20 130.36 7.70 3.14 ­  7.50 Zen  Exp 40.30 43.70 41.00 44.30 41.00 2.34 80.30 31.55 ­  43.40 months.

BSE Stocks
C m P C C C m P C C C m P C C C m P C C C m P C C C m P C C C m P C C C m P C C C m P C C C m P C C C m P C C C m P C C

A.K.Capital 220.55 221.55 Bervin Inv. 8.55 8.97 Dr.Agar.Eye 246.75 247.30 Hfil 7.92 7.70 Kancotea 29.95 31.00 Mfl India [1] 0.22 0.23 Perm Magnets 133.85 133.90 Salguti Ind 10.00 10.00 Std.Battery [1] 3.70 3.88 Veer Energy 7.03 7.16 Waterbase 93.65 93.50 Bh.Immun&Bio 36.55 37.25
A.Sarabhai 25.70 26.95 Beryl Drugs 7.32 7.55 Drhabeeb 59.75 60.50 Hhof1140rg 6.98 7.01 Kanpur Plast 80.65 84.50 Mid India In 0.82 0.83 Pharmaids Ph 3.85 3.66 Sambandam Sp 52.05 54.25 Std.Surfact. 11.22 11.78 Veerhealth 7.87 7.48 Welcast 361.50 343.45 Boroltd [1] 165.30 160.30
Aail [5] 15.99 16.00 Beryl Secur. 6.40 6.72 Drl 9.98 9.49 High Energy 274.55 278.95 Kapil Cotex 20.90 20.90 Mil 31.60 32.20 Pharmasia 24.70 25.90 Samkrg Pist. 120.40 121.65 Steelcast [5] 90.00 90.00 Velan Hotels 3.19 3.11 Welcure Drug 1.45 1.52 Ceinsystech 92.00 91.95
Aarey Drugs 21.90 21.25 Bestagro 743.85 758.70 Duke Offshor 6.95 7.29 Him.Fibres [1] 1.56 1.63 Karnavati 18.90 18.90 Milkfood 465.35 466.05 Phoenix Int. 13.50 12.85 Sampre Nutri 16.25 15.45 Steelco Guj. 2.37 2.48 Veljan 891.25 864.00 Wellesley 7.00 7.00 Chdchem 46.40 45.50
Aarnav 44.95 43.30 Bffl 20.20 20.00 Duncaneng 92.85 95.00 Himtek [2] 40.85 40.00 Kavitind 135.80 134.15 Minaxi Text. [1] 0.66 0.69 Phosphate 53.00 55.00 Samrat Pharm 87.25 89.65 Stovac Ind. 1898.95 1891.65 Veritas [1] 39.30 38.55 Welsplsol [6] 10.48 10.65 Chemtech Ind 7.51 7.14
Aayush 38.10 37.35 Bgjl 58.50 61.40 Duroply 29.90 30.95 Hind Alumin 37.55 39.95 Kaycee Ind[100] 2934.00 2999.00 Mishtann [1] 7.64 7.49 Phytochem I. 24.95 25.00 Samtex Fash.[2] 0.71 0.68 Subhash Silk 14.00 14.00 Vertex Sec. [2] 0.89 0.91 Wepsoln 19.80 19.30 Ggpl [5] 45.40 47.65
Abansent 151.25 150.85 Bhagira.Chem 375.10 356.95 Dutron Poly. 128.95 129.00 Hind Mills 186.00 195.30 Kcdgroup [5] 85.00 89.20 Mitshi 29.25 29.25 Piccadily Ag 8.59 8.53 Samyak Int 9.12 8.67 Suditi Ind. 10.47 10.01 Viaanindus [1] 0.78 0.75 Westlife Dev [2] 362.75 352.95 Greenpanel [1] 41.15 43.20
Abc Gas Int 7.47 7.59 Bhagwati Aut 99.00 102.20 Dynamic Ind. 39.75 39.60 Hind.Everest 79.15 79.90 Kcl 18.25 19.15 Mitsu 95.60 98.00 Piccadily Su 4.30 4.50 Sanco Trans 126.00 120.65 Sugal Dam 9.54 9.95 Victor Mil [100] 1862.45 1890.00 Whiteorg 5.40 5.50 Guj.Raffia 9.66 9.21
Abc India 47.80 50.65 Bhagwati Oxy 12.43 13.05 Dynavision 42.00 42.00 Hind.Fluroca 5.46 5.65 Kcp Sugar In [1] 15.01 16.39 Mkexim 19.20 17.80 Pion Invest 28.80 29.35 Sandu Pharma 20.70 22.75 Sukjit Strch 170.30 169.75 Victory Papr 78.65 82.20 Wim Plast Lt 327.85 333.65 Kushal [2] 3.84 4.03
Abhiinfra 1.38 1.32 Bharat Bhush 15.37 15.01 Eastern Tred 29.25 30.70 Hind.Foods 715.20 714.90 Kdll 28.80 29.95 Modern Dairi 4.21 4.42 Pix Trans 135.00 133.40 Sandur Mang. 699.20 640.75 Sulabh Eng. [1] 1.13 1.12 Vijay Solvex 305.10 310.00 Wimsome Text 13.98 13.74 Loyal 32.60 31.05
AbmKnowled[5] 77.80 81.90 Bharat Seats [2] 55.20 52.95 Eastwest 63.90 62.60 Hind.Tin Wrk 41.85 41.55 Keerthi 38.65 36.90 ModernIndia [2] 46.80 49.10 Pm Telelinn 2.30 2.40 Sangal Paper 77.55 79.95 Sumedha Fisc 17.15 16.65 Vijay Textil 35.50 37.25 Winsome Brew 4.20 4.04 Mah.Ras.Apex 59.05 59.05
Abslbanetf 214.20 228.87 Bharatagri 151.00 148.60 Eco Board In 3.16 3.15 Hindhard 55.90 58.65 Keltech En. 546.05 514.40 Modern Steel 5.60 5.32 Pmcfin [1] 0.29 0.30 Saninfra 152.60 152.70 Sumichem 285.85 275.10 Vikalp Sec. 12.23 12.23 Wintac Ltd 192.00 190.00 Moneyboxx 46.65 44.90
Abslnn50et 293.20 290.00 Bhaskar Agro 13.30 13.96 Ecoplast Ltd 93.00 98.00 Hindu.Adhesi 77.45 77.00 Kemistar 42.50 42.50 Modex Int 6.86 7.00 Pml 1229.45 1246.70 Sankhya Info 4.09 4.11 Sunil Agro F 33.15 34.80 Vikas Wsp [1] 6.45 6.22 Wires Fabrik 49.65 48.20 Msl 62.25 63.00
Abslrif6rg 6.30 6.09 Bhilwra Tec [1] 5.49 5.70 Ecoreco 56.05 54.95 Hindustn Bio 1.60 1.68 Kennametal 759.35 752.00 Modinatural 42.80 44.90 Poel 21.95 20.80 Sappl 149.20 153.80 Sunil Health 20.40 21.75 Vikasprop [1] 3.41 3.58 Wpil Ltd. 426.90 439.65 Narayani 23.05 23.85
Abvl 8.50 8.50 Bihar Sponge 0.97 0.99 Elantas 2266.30 2300.15 Hipolin Ltd. 30.00 29.00 Kerala Ayur 73.20 74.05 Modipon 27.45 28.80 Polson Ltd. [50] 9416.80 9491.25 Saptarishi A 6.95 6.90 Sunshield Ch 135.00 135.25 Vikram Therm 105.70 110.45 Wwalum 12.25 11.64 Ndrauto 126.95 133.25
Accel [2] 12.72 13.35 Bilcare Ltd. 42.00 44.10 Eldeco Hous. 963.85 1028.30 Hitechwind 17.30 16.45 Kesar Petro [1] 4.11 4.13 Modison Met[1] 40.25 39.80 Polycab 857.10 845.90 Sarel 13.93 14.62 Sunshine 2.88 3.02 Vinaditya Tr 0.56 0.57 Xtglobal [1] 15.65 16.40 Nibe 12.00 12.60
Ace Software 14.25 13.54 Binny Ltd. [5] 109.90 113.05 Elegant Flor 5.33 5.07 Hitkit Glob [2] 0.30 0.30 Kg Denim 21.20 21.75 Modulex 9.90 10.04 Polychem 709.35 695.20 Sarupindus 24.30 24.00 Super Bakers 6.55 6.85 Vintron Inf. [1] 0.65 0.68 Yamini Inves [1] 0.30 0.31 Obi Ltd 7.19 6.85
Acemen 18.65 18.65 Binny Mills 106.25 104.15 Elegant Marb 63.35 61.65 Hittco Tools 4.77 5.00 Kg Petrochem 104.75 105.00 Mohit Paper 5.38 5.60 Polylink Pol [5] 11.39 11.11 Sat Ind Ltd [2] 18.85 18.30 Super Crop. [2] 9.06 8.97 Vinyoflex Lt 19.75 19.05 Yarn Syndica 2.70 2.70 Oceanic 36.75 37.20
Aci Infocom [1] 0.49 0.49 Biogrpaper 1.80 1.80 Elixir 27.90 26.85 Hleglas 1224.70 1268.35 Khaitan Che[1] 19.20 19.10 Mohite 8.46 8.86 Polymech.Mch 17.10 17.95 Satia [1] 109.90 109.70 SuperTanner [1] 2.48 2.60 Vippy Spin. 32.00 32.00 Yash Manage. 6.76 6.43 Ptil 350.20 352.00
Acknit Ind 67.10 63.80 Biopac India 2.11 2.21 Elpro Inter [1] 40.90 40.85 Howard Hotel 4.30 4.50 Khod.India 69.00 68.60 Monarch 24.00 24.05 Polyspin 77.60 77.65 Satprop Ltd [2] 1.07 1.12 Superior 83.90 86.00 Vipulorg 122.65 121.90 Yashchem 63.65 65.85 Rci Ind 9.36 9.40
Acme 8.11 8.00 Birla Pretec [2] 5.97 5.99 Eml 0.42 0.44 Huil 704.25 738.25 Khoobsurat [1] 0.19 0.19 Morarka Fin. 24.75 25.80 Poona Dal 31.05 32.60 Sauras.Cem. 39.70 39.80 Suprap 17.50 17.50 Virat Crane 18.50 18.50 Yashpakka 32.00 32.50 Relhome 2.18 2.27
Acrycil Ltd. [2] 88.45 88.05 Birlatyres 24.45 25.65 Emmessar Bio 17.00 17.45 Ib Infotech 16.60 16.60 Kic Metaliks [2] 26.20 26.40 Morgan Cru 1688.05 1754.40 Porwal Auto 12.63 12.76 Sav Infocom 1.65 1.65 Supreme Ho 12.21 13.15 Virat Indus. 27.60 28.95 Yogi Sungwon 2.24 2.35 Rnb Denims 31.35 32.50
Adarsh Plant 5.10 5.20 Bl.Chip Tex 75.80 79.20 Empire Ind. 568.25 574.30 Icici500 150.42 151.32 Kifs Fsl 39.50 41.00 Morgan Vent 10.65 11.17 Powerindia [2] 925.20 948.50 Saven Techn[1] 14.01 14.51 Surat Text. [1] 2.74 2.76 Virinchi 37.35 35.85 York Exports 16.30 16.30 Rpel 111.00 115.00
Adcindia 223.75 229.35 Bla Ros Ind [1] 142.25 140.65 Empower [1] 0.17 0.16 Icicibankn 218.35 220.90 Kilburn Engg 20.10 19.40 Moschip [2] 13.24 13.90 Ppl 71.80 72.75 Sawaca Busi 1.11 1.15 Suryalata Sp 80.40 87.35 Visagar Fin [2] 0.60 0.63 Yuken India 471.75 469.20 Rudra 103.50 102.00
Adhinath Tex 1.67 1.61 Bmw [1] 16.00 15.70 Enkei Wheel [5] 269.90 261.05 Icicibankp 118.44 119.68 Kilpest (I) 500.65 510.65 Mpdl 8.73 9.16 Pradeep Met. 36.35 35.60 Sayajiind [5] 125.95 120.10 Suryamba Sp 47.10 49.55 Vishwaraj 84.95 86.90 Zeal 59.85 60.50 S&S Power Sw 15.15 14.40
Adinath Exim 5.97 5.70 Bnaltd 170.45 183.30 Envain Elect 34.95 33.25 Icicilovol 94.55 94.81 Kimiabl [1] 33.80 37.15 Mpil Corp L 215.20 207.00 Prag Bosimi 2.48 2.36 Sbec Sugar 7.16 6.81 Suryo Foods 7.00 7.00 Vista Pharma[2] 11.24 10.68 Zenith Fibre 33.45 33.95 Scapdvr [1] 0.97 1.01
Aditya Ispat 3.70 3.52 Bodhtree 37.15 36.15 Escort Finan 2.45 2.41 Icicim150 62.72 62.97 Kinetic Eng. 17.90 18.35 Mpl 3.90 4.09 Pranav.Spin 10.84 10.30 Sbicard 760.90 780.45 Suvenphar [1] 711.30 703.45 Vitesse 45.05 45.10 Zenith Healt [1] 1.98 2.07 Scooters Ind 30.45 29.60
Aditya Spin. 3.16 3.31 Bom.Cycle 640.00 633.85 Eshamedia 2.60 2.73 Icicimcap 62.00 62.54 Kinetic Trus 8.46 8.04 Msr India [5] 8.23 8.41 Praveg 47.80 48.75 Sbisensex 406.26 408.13 Suyog Tele 377.65 371.80 Vivanza 12.45 13.07 Zenlabs 20.55 22.00 Seil 109.80 104.35
Ador Fontech[2] 30.30 30.20 Bomoxy­B1 [100] 10390.60 10330.00 Essar Secu 2.40 2.30 Icicinv20 57.74 57.51 Kingsinfra 24.25 24.50 Mstc 151.95 150.95 Preci Contnr 0.19 0.20 Scagro 1.12 1.10 Sv Global [5] 36.15 36.70 Vivid Ind [5] 16.76 20.11 Zenotech 28.35 26.95 Sintexplast [1] 2.75 2.62
Ador Multi. 46.70 49.00 Bplpharma 435.20 424.45 Everest Org. 281.60 290.85 Icicinxt50 [1] 27.97 27.49 Kiran Vypar 57.00 58.65 Mukat Pipes [5] 1.05 1.00 Precision El 15.75 15.00 Scandent 8.00 7.64 Svaraj Trad 9.50 9.50 Vivo Bio Tec 35.20 36.70 Zf Steering 302.35 302.10 Skc 4.44 4.66
Advance Tech 0.39 0.40 Bptex 11.76 11.76 Everlon Syn. 10.10 10.60 Icicisensx 412.34 409.82 Kirl.Ferrous [5] 89.90 89.15 Mukesh Babu 112.00 111.00 Premco Glob. 78.45 81.85 Scanp Geom [2] 18.45 17.65 Svartcorp [1] 2.92 3.10 Vms Industr 6.70 6.75 Zimlab 102.95 99.50 Steel Exch 29.15 30.00
Ael [5] 10.48 10.95 Brady Morris 75.65 79.40 Facor Alloys [1] 1.25 1.28 Icsl [1] 1.76 1.76 Kirlosar Pn [2] 106.50 106.70 Mukta 3.00 3.00 Premier Syn. 5.86 5.97 Scanstl 21.90 21.80 Svcind 0.94 0.97 Voith Paper 975.10 1010.05 Zodiac Ven [1] 8.94 9.30 Tejasnet 63.80 66.95
Agiil 53.00 55.95 Brahm Infra 13.50 13.50 Faze Three L 46.50 44.00 Idfceos6rg 9.99 9.81 Kirloskar El 10.47 11.11 Mul 11.85 11.62 Prerna Infr 11.23 11.23 Sctl 0.87 0.87 Svpglob 411.60 427.55 Vrl 58.85 60.35 Group T Tejnaksh 33.50 35.00
Aiil 119.95 125.50 Brand Real 55.80 54.70 Faze3auto 24.80 24.00 Idfsensexe 395.00 393.00 Kisan Mould. 10.18 10.68 Multibase I 138.75 143.15 Prima Agro L 13.35 13.20 Sdl 9.10 9.55 SwadPolytex[1] 5.89 5.60 Vxl Instrum. 2.28 2.27 Tsil 4.30 4.40
Aimco Pesti. 85.45 89.70 Brawn Bio 27.30 28.65 Fermenta [5] 375.35 372.60 Igcil 68.05 68.05 Kjmc Fin. 5.71 5.43 Mys Petro 49.25 49.40 Prima Ind. 8.00 7.90 Seasons Fur. 2.41 2.29 Swagruha [1] 5.45 5.20 W.H.Brady 157.75 152.25 Aanchalisp 4.92 4.76 Vcu Data 3.43 3.60
Aiml 7.45 7.50 Brijlaxmi Le 0.52 0.54 Ferventsyn 11.37 10.24 Iiflsec [2] 40.20 39.80 Kjmccorp 16.80 16.80 Mysticele 2.09 1.95 Prima Plasti 63.25 60.00 Sellwin 14.17 14.17 Swarnasa 6.50 6.82 Walchand Pf 55.65 55.65 Aartisurf 298.80 313.70 Vgcl 19.85 19.85
Ainfra [5] 19.00 19.00 Bronze Infra 0.26 0.26 Fiberwb In 24.95 26.15 Iiflwam [2] 1055.60 1083.20 Kkalpanaind [2] 23.50 22.35 N.G.Ind.Ltd. 50.30 50.15 Prime Prop [5] 9.12 9.04 Servoteach 3.80 3.80 Swasti Vinay [1] 3.19 3.41 Wall St.Fin. 13.36 14.02 Anubhav 3.29 3.13 Vikasmcorp [1] 11.93 12.52
Ajanta Soya 43.90 44.60 Bslsenetfg 397.88 331.01 Filat Fash [5] 2.65 2.70 Iisl 15.20 15.75 Kmc Shil [1] 21.85 23.35 N.R.Agarwal 212.65 217.35 Princepipe 150.35 154.90 Setfbse100 117.00 118.25 Swastik Inv 78.00 76.05 Wallfort Fin 16.00 15.20 Asyl 10.44 10.96 Vishal [5] 272.00 272.45
Ajil 50.55 51.55 Calcom Visio 27.10 25.50 Finkurve [1] 37.30 39.10 Imcap 35.55 39.00 Kotak Sensex 396.43 396.00 Nagar.Agrite 2.95 3.00 Prism Medi 14.39 14.70 Setfsn50 297.01 334.84 Swsolar [1] 256.60 253.90 Warren Tea 46.70 48.00 Bellacasa 65.90 69.15 Xelpmoc 113.75 116.50
Akashdeep 26.95 28.05 Camex Ltd 15.50 14.21 Firstobj 4.72 4.81 Inani Marble [2] 9.60 9.75 Kotaknifty 117.08 117.75 Nalin Lease 14.00 14.70 Prismx 10.03 10.23 Seyaind 77.85 75.30 Sxetf 4010.00 4060.00
Akspintex 15.48 16.25 Caprihans 54.50 52.50 Fivextrade 0.48 0.46 Incap Ltd. 29.30 29.15 Kothari Ferm 49.75 49.00 Narbada 16.80 17.64 Pritikauto 89.80 88.60 Sfpil 18.45 18.45 Sybly Inds. 2.29 2.40
Alch Corp 6.80 6.61 Caprola.Chem 23.75 24.00 Flex Foods 52.50 53.45 Ind.Acrylics 8.24 8.12 Kpel 73.75 79.90 Narmada Gel 171.70 169.20 Pro Fin Cap. 21.95 20.40 Sh.Hari Chem 39.95 41.90 Synco Form. [1] 1.94 2.03 NSE Trade for Trade
Alexander 12.55 13.80 Captain Poly [2] 36.55 36.50 Fluidomat 89.05 90.90 Ind.Bank Hsg 18.30 18.95 Kpittech 81.85 80.00 Nat.Peroxide 1894.35 1863.40 Ptcil 497.10 535.80 Sh.Steel Wir 18.35 17.35 Syschem (I) 6.23 6.10
Alfa Ica (I) 19.75 19.80 Catvision 5.72 5.72 Fluorochem [1] 492.10 464.90 Ind.Leas.Dev 3.67 3.60 Kpt [5] 68.70 68.00 Nat.Plastic 17.50 18.00 Pun.Alkali 41.70 45.00 Sha Eng Pla 462.35 485.45 T & I Global 80.95 80.90 C m P C C C m P C C C m P C C
Alfl [1] 1.05 1.05 Ccl Inter 10.14 10.14 Fomento Hote 133.00 130.55 Ind.Toners 82.55 99.05 Kratosener 280.55 280.55 Nat.Plywood 8.49 7.89 Pun.Communi. 13.00 14.30 Shahlon 38.70 37.25 T. Spiritual 0.24 0.25
Alka India [1] 0.22 0.21 Cdg 30.45 31.85 Foods & Inns [1] 55.05 55.40 IndagRubber[2] 70.90 71.05 Krettosys 3.34 3.34 Natfit 25.45 26.20 Purshottam 11.50 11.50 Shalib.Finan 47.90 52.55 Taalent 156.15 160.75 M JainDvrEquty[2] 10.70 11.20 Rana Sug 7.40 7.75
Alu Fluoride 183.70 174.35 Ceejay Finan 69.65 75.00 Forbes & Co 1016.05 1063.55 Indagiv Comm 24.00 24.00 Kriti Nutri [1] 38.80 41.30 Nathind 83.70 83.05 Pvvinfra 4.59 4.37 Shalimar Pro [1] 0.49 0.49 Tahl 28.45 28.25 A JainIrrigatn  [2] 10.85 11.35 RattanIndInf [2] 7.70 8.05
Amal Product 167.25 177.90 Cenlub Indus 30.05 30.00 Force Motr 938.35 932.10 India Gelat. 92.15 91.30 Krl 97.00 95.05 Natraj Prote 18.15 19.00 Qgo 14.85 15.00 Shalimar Wir[2] 5.30 5.18 Talbroseng 69.10 70.85 A D Jay.Neco 3.10 3.10 RelCapDepSet 10.00 10.50
Amarsec 18.00 18.00 Centenial Su 38.75 38.65 Fortis Mlr 49.00 49.10 India Home 33.15 34.20 Krrail 20.65 20.65 Natural Caps 53.35 58.65 Quadrant [1] 0.19 0.19 Shangar 75.45 76.95 Tamboli Cap 34.00 34.00 A M JaypeeInftec 1.25 1.30 RelHomeFin 2.15 2.25
Amazeent 48.85 51.25 Cg­Vak Softw 51.45 51.35 Fraser 3.18 3.30 India Niveh [1] 23.55 23.60 Krypton Ind 8.60 8.58 Navkar Build 6.99 6.51 Raclgear 76.80 76.60 Shantai 31.70 31.70 Taneja Aero. [5] 27.85 30.60 A JBF Ind 9.40 9.35 RelianComm [5] 2.55 2.45
Ambition 7.25 6.89 Chamanl Se [2] 99.05 104.00 Fredun 278.30 278.70 Indiamart 3057.50 2961.05 Kuantum [1] 49.90 51.15 Navketan 0.23 0.23 Radhe Devlop 9.92 9.30 Sharat Indus 22.00 23.00 Tarai Foods 3.60 3.78 A JHS Svend 13.30 13.95 RelNavalEngg 2.80 2.90
Amfl 3.23 3.08 Chandni Te 39.45 39.20 Freshtrop Fr 58.70 59.35 Indian Info. [1] 0.27 0.26 Kushind 0.95 0.95 Ncl Research [2] 0.37 0.36 Radhey 19.55 19.60 Sharda Ispat 39.00 39.00 Tata Yodogaw 29.20 30.30 A Jind P.Inv 13.70 14.35 Rohit Ferro 0.95 1.00
Amines&Plast [2] 45.80 48.05 Chandra Prab 16.20 15.80 Front Buss [5] 0.99 1.03 Indian Sucro 23.70 25.70 Kuwer Inds. 3.40 3.57 Neeraj 12.61 12.60 Radiocity [2] 17.05 17.35 Shardul Secu 41.55 43.50 Tatia Glob [1] 0.35 0.35 A AN JindalDrlInd  [5] 66.45 67.05 Rollatainers  [1] 2.65 2.60
Amintan [1] 0.82 0.78 Charterlogis [1] 3.41 3.35 Front Sec [5] 33.45 35.10 Indicap 23.50 23.15 Ladderup Fin 20.25 21.20 Neil 27.95 26.60 Radix Ind 63.50 61.75 Sharp India 42.00 44.10 Tcfc Finance 17.90 17.60 A JITFInfraLog  [2] 6.70 6.60 RoltaIndDep 5.45 5.70
Amrapali Ind [5] 3.83 4.02 Chemb Chm [5] 149.75 159.60 Frontier Spr 284.05 285.50 Indo Amines 55.30 56.30 Laffans Petr 14.20 14.91 Neogen 621.35 610.20 Rainbow Foun 8.20 7.91 Sharp Inv [1] 0.22 0.21 Tci Indus. 408.00 401.00 A O JMT Auto  [1] 3.05 3.20 Ruchi Inff  [1] 14.45 13.75
Amrawor Agr[1] 0.40 0.40 Cheviot Co. 579.40 577.25 Frution 8.43 8.30 Indo Asn.Fin 3.80 3.61 Lahoti Over. [2] 8.91 8.99 Neoinfra 15.40 14.90 Raj Glo Wir 291.35 291.20 Shashijit 23.35 23.40 Tcnsbrands [2] 337.15 337.00 A K Sera  [1] 0.30 0.25 RuchiSoyaInd 749.45 738.25
Amrit Corp 815.00 792.75 Choice Int. 122.40 120.80 Fundviser 5.92 5.63 Indoboraxc 367.95 355.55 Lakshmi Elec 239.45 233.35 Netfsensex 413.64 405.00 Raj Packagin 22.85 21.75 Shbajrg 58.45 59.60 Tcpl Pack 349.55 334.90 A C m Kal S&SPowSwitch 15.00 14.30
Andhra Petro 21.55 23.30 Choksi Imag 10.58 11.10 Futura Sec. 10.45 10.35 Indokem Ltd. 10.49 11.00 Lakshmivilas 20.60 21.45 Netfsnx150 34.00 35.17 RajBahadu[100] 1495.00 1475.00 Shelter 11.20 10.69 Technoe [2] 180.80 181.35 A H K m SabEvents 1.00 1.00
Andrew Yule [2] 16.33 15.13 Chordia Food 102.50 102.95 G.G.Dandekar [1] 46.00 43.75 Indrenew 8.85 8.75 Lancer 39.45 43.35 Netripples 8.07 7.67 Rajdarshan 10.62 11.15 Shervani Ind 281.00 281.00 Terai Tea Co 35.30 34.30 A & K Sakth.Sug 9.00 9.35
Aneri 6.05 6.10 Chowgule St 3.35 3.51 G.K.Consult. 3.80 3.61 Indsil Hyd 9.51 9.58 Lancor Holds[2] 3.00 3.10 Nettlinx Ltd 45.55 45.40 Rajkumar Frg 24.20 25.00 Shetron Ltd 17.75 16.95 Terrascope [5] 3.67 3.85 A K C SakumaExp.  [1] 6.10 6.10
Anjanifoods 32.90 34.50 Cianagro 30.35 28.85 G.S.Auto Int [5] 4.12 3.83 Indus.&Prud. 851.25 854.80 Laxmi Autolm 24.90 25.00 Network Ltd. [2] 2.80 2.94 Rajoo Engin. [1] 8.98 9.24 Shil [2] 70.60 73.35 Tgvsl 18.40 18.65 A K SAL Stl 2.85 2.80
Ansal Build. 27.60 28.50 Cifl 94.95 94.30 G.V.Films [1] 0.36 0.35 Indxtra 2.61 2.74 Lead Financ 5.13 5.13 Newlight 30.75 32.20 Ram RatWire[5] 78.75 84.35 Shilchar Tec 119.00 107.20 Thakkers Dev 47.50 47.50 A wG KA A SalsarTecEng 179.80 184.40
Anuh Pharma[5] 325.75 358.30 Cil 2.66 2.55 Gagan Gases 5.32 5.08 Inn.Tech.Pac [1] 9.23 9.80 Ledo Tea Co 29.00 29.00 Nexuscommo 8.00 7.60 Rama Paper 8.30 8.70 Shilp Gravur 43.80 47.95 Thinkink [5] 24.95 24.80 A KDD Sanwaria  [1] 2.35 2.45
Anup 570.85 546.65 Cil Securits 10.74 10.94 Gajra Bevel 0.46 0.48 Inno Invest 4.33 4.12 Lee&Nee Soft 1.70 1.63 NglFine Chm [5] 455.70 486.80 Rama Petro 2.92 2.78 Shiv.Bimetal [2] 36.60 37.50 Thirdwave Fi 27.10 27.60 A m K Sathv. Ispat 2.00 2.00
Anupam 11.59 12.01 Cindrella Ht 14.65 14.50 Galada Tele. 1.44 1.51 Insilco Ltd. 9.28 9.74 Lehar 20.10 20.10 Nhcfoods 6.19 5.70 Rama Phosph 58.80 56.70 Shiva 0.90 0.86 Tiger Logs 38.00 36.75 A C K M SChand&C  [5] 68.05 68.00
Apil 17.15 16.30 Citi Port Fn 13.77 14.45 Galaxy Bear. 153.05 150.00 Int.Conveyor [1] 28.55 27.80 Libord Fin 4.04 3.84 Nicco Parks [1] 27.50 28.50 Ramasigns [5] 4.70 4.50 ShivaCement[2] 9.65 9.62 Tiindia [1] 535.85 532.05 A m K m SE Power 2.55 2.65
Apm Indus. [2] 14.35 14.05 Cj Gelatin 12.89 13.53 Ganesh Benz[1] 47.15 49.45 Intec Cap 17.50 16.75 Licnetfsen 391.01 398.91 Niehspd 2.05 2.00 Raminfo 14.97 13.60 Shiva Fert. 37.10 35.60 Timex Group [1] 19.20 19.40 A K D SetubandnInf 1.00 0.95
Apmfinvest [2] 12.85 13.49 Classic [1] 0.21 0.22 Gangapapers 25.80 24.80 Integ.Proein 2.68 2.55 Licnfnhgp 117.99 117.01 Niehsph 0.03 0.04 Rander Corp. 11.57 11.57 Shivalik [5] 511.05 532.85 Tinnarubr 18.45 17.55 AG m K Shah Alloy 7.50 7.85
Apollo Fin I 279.00 280.90 Clio Infotec 1.08 1.08 Garg Furnace 15.90 15.15 Integra Eng [1] 24.50 25.15 Lime Chem. 22.50 21.50 Niesspl 2.09 1.89 Rap Media 3.96 4.15 Shree Global [1] 1.39 1.41 Tirupati Sar [5] 5.29 5.20 K m ShaktiPumps 172.30 170.45
Apollotri [2] 538.35 548.70 Cni Res Ltd [1] 1.36 1.43 Garnet Const 9.60 10.53 Integra Tele 33.05 31.40 Linaks Micro [1] 0.43 0.45 Nihar Info 3.59 3.76 Rapicut Carb 27.25 28.95 Shree Rajsyn 2.95 2.81 Tirupati Sta 29.90 30.20 K K Shek.Poly  [1] 0.40 0.40
Apoorva 10.80 10.33 Coast Corp 199.80 203.50 Garnet Intl 26.40 27.70 Intell Cap [1] 3.40 3.56 Link Pharma 19.50 18.60 Nikhil Adhsv 150.10 159.15 Rasandik Eng 39.35 40.10 Shreeganes 120.00 120.00 Titan Biotec 113.85 125.20 V Kw ShivamAuto  [2] 14.20 14.40
Arcfin 0.39 0.40 Cochin Min. 111.25 109.60 Garwa.Marine 2.41 2.41 Inter St.Fin [1] 0.58 0.59 Lkp Fin 50.00 53.00 Nilaspaces [1] 1.35 1.48 Rasi Electro [2] 2.46 2.68 Shreevat.Fin 6.70 6.37 Titan Secur. 6.93 7.06 m Shriram Pist 594.50 589.80
Architorg 9.80 9.99 Cockerill 546.60 560.00 Garware Poly 239.05 243.55 Inter.Combus 171.00 163.50 Lkpsec [2] 5.85 5.33 Nile Ltd. 332.70 310.70 Rathi Bars 8.96 9.50 Shremetal 23.40 23.30 Toyamind [1] 3.08 3.01 G m ShyamCentF [1] 3.25 3.25
Arealty [2] 1.14 1.14 Colinz Labor 8.82 8.38 Gayatri Bio 3.99 4.06 Inter.Travel 50.40 51.00 Llficl 42.80 44.85 Niosag 7.99 7.99 Raunaqepc 27.00 27.90 Shri Dinesh 92.95 92.50 Tproject 0.82 0.83 C m SimbholiSug 7.00 7.35
Arex Ind. 60.00 63.00 Colorchips 7.13 7.13 Gayatri Sugr 1.35 1.41 Invest &Prec 152.00 153.00 Lloyds Met E [1] 11.31 11.60 Niraj Cement 34.05 33.85 Ravalgaon [50] 1700.95 1784.00 ShriJagdamb[1] 210.80 211.30 Transchem 11.04 10.65 KM G SintexIndus  [1] 1.65 1.70
Arfin 37.95 37.40 Comfort Com 2.10 2.00 Gayatri Tiss 84.00 84.00 Io System 3.04 2.99 Lohia Securi 34.50 33.00 Nirav Commer 206.80 202.50 Rcl 24.90 23.70 Shri Om Trd 134.00 134.00 Transcorp In [2] 8.80 8.80 SintexPlast 2.75 2.65
Arihant Cap. [5] 55.60 55.55 Comfort Inte 4.32 4.53 Gbfl 1.75 1.83 Ion Exchange 624.95 635.95 Lords Chloro 33.00 36.30 Nirlon 240.20 241.05 Rdb Rasayan 42.45 39.90 Shriniwas 15.80 15.50 Transfreight 4.78 4.56 C SITINetworks 1.75 1.75
Arman 56.05 53.25 Competent Au 111.55 113.60 Gblil 1.08 1.13 Ipru3019 8.01 8.10 Lotus Choc 16.92 16.82 Nitta Gela 140.35 140.00 Rdb Realty 15.65 16.01 Shriram Asse 68.80 68.80 Transgene Bi 5.17 5.39 m M SkilInfra 3.95 3.85
Arnold Hold 30.05 29.65 Comsyn 50.00 49.95 Gckl 16.00 15.20 Ipru3168 8.37 8.75 Loy.Tex Mill 269.70 256.35 Niyogin 45.35 44.45 Real Strips 4.77 5.00 Shukraphar 38.55 37.80 Transgl.Food 93.05 97.70 O O M A Soma Text 2.75 2.80
Artefact Pr 25.95 27.50 Conart Eng. 20.85 19.85 Gee Ltd [2] 26.60 27.30 Ircon [2] 96.40 97.10 Ludolow Jute 87.95 88.80 Norris Medi. 5.10 5.10 Regency 21.80 21.63 Sibar Auto 8.90 9.33 Transpek 1759.10 1630.40 M V SouthwestPin 21.00 22.05
Artemiselc 89.90 85.45 Concord 14.57 14.22 Gemstone In[1] 0.45 0.45 Irctc 1324.15 1371.60 Luharuka [1] 0.79 0.76 Nova Iron&St 6.20 6.51 Rel.Chemotx 65.00 73.25 Sicltd 0.95 0.95 Trejhara 9.60 9.15 mG M A C SpencrRetail 29.30 22.15
Artemismed 174.00 170.10 Confint 0.95 0.96 Gencon [5] 53.00 52.25 Isec [5] 490.90 492.40 Lykisltd 19.15 19.35 Novapublic 18.90 19.10 Reliab Ven 9.88 9.16 Siddha Ven 2.74 2.69 Trescon 76.85 76.05 M D Spentex 0.65 0.70
Artson Eng [1] 27.05 28.00 Cont.Petro 35.50 37.25 Gennex Lab [1] 4.02 4.04 Isgec [1] 231.45 229.95 M.M.Rubber [2] 31.20 32.75 Novartis [5] 637.75 643.00 Reltd 24.70 26.10 Siel 6.25 6.30 Trio Mercan 35.45 35.95 M Sri Adh Br 1.70 1.65
Aryaman Fin. 48.00 47.70 Contil I Ltd 6.70 6.70 Genpharma [1] 11.20 11.20 Ishan Dyes 33.45 33.55 M.P.Agro Ind 2.36 2.47 Ntc Indust 27.35 29.90 Resonance 49.70 50.30 Sika Inter. 183.95 198.40 Triton Valve 665.10 699.30 M SriHavishHos 0.65 0.65
Aryavan 9.97 10.20 Coral Lab. 280.75 285.05 Ggeng 60.10 60.25 Ishita Drugs 22.50 23.60 Mac Charles 247.60 259.00 Nutra [5] 6.01 6.42 Restile Cer. 2.02 1.88 SimmonMar [2] 35.50 35.65 Triveni Glas 7.15 7.10 C m M w StampedeCap 1.05 1.10
Ashari 8.98 8.93 Corpor Cour 3.09 3.03 Glcl 8.47 8.89 Isl Consult [5] 15.70 15.05 Machino Plas 61.20 61.00 Nyssacorp [1] 0.96 0.96 Rexnord Ele. 20.60 20.75 Simplex Mil 15.16 15.50 Ttil 2.07 2.17 C N M Std Inds  [5] 10.20 9.90
Ashfl 58.90 58.30 Cosco India 75.55 77.60 Glittek Gran [5] 1.17 1.12 Ist Ltd. [5] 231.50 234.45 Madhavipl [1] 8.00 7.80 Oal [5] 352.40 326.95 Rgf [1] 2.00 1.95 Simran Farms 30.10 31.50 Tuni Textile [1] 0.27 0.26 C m m M SteelExcInd 29.35 30.10
Ashikacr 18.00 18.50 Cosyn 22.25 23.35 Global Cap. 1.26 1.30 Isw Ltd [1] 0.45 0.43 Madhur Ind 3.05 3.05 Ocean Agro 17.30 18.05 Rgil 13.00 13.65 Sinclair Hot [2] 45.25 43.85 Tuticorin. 6.08 6.38 C C H M N STI India 3.60 3.45
Ashirwa Cap [1] 2.14 2.01 Cranex Ltd. 7.25 6.90 Glosterltd 432.30 433.25 Itl Industrs 66.50 67.45 Madhus.Sec 1.50 1.47 Octave 1.41 1.48 Rgrl 11.25 11.25 Sindhu Trade 54.95 54.95 Tvf2g 8.50 8.58 C M D Subex 11.00 11.55
Ashni 5.32 5.06 Cravatex 267.95 280.95 Gmetcoal [100] 11.98 11.98 Iwp [2] 27.25 27.00 Madrasfert 18.45 20.25 Odyssey Tech 21.60 21.00 Riba Textils 41.20 42.25 Singer India [2] 24.25 26.05 Tyche Inds 230.40 219.60 D W M SumeetInd 1.70 1.75
Ashok­Alco 22.30 22.45 Creative 354.75 372.00 Gmlm 340.05 345.00 J.R.Foods 3.85 4.04 Maestros Ele 95.20 98.90 Ok Play (I) 18.65 19.10 Ridhi Sidhi 263.95 264.45 Sir Shadi La 39.30 41.25 Udaip Ceme [4] 10.41 10.37 DCM M SumitWoods 9.60 9.60
Asian Oilfie 99.35 99.50 Cressanda So[1] 0.30 0.30 Gnrl 11.29 11.10 Jagan Lamps 14.51 15.92 Mafatlal Ind 90.75 89.25 Olympic Oil 48.00 50.40 Riga Sugar 3.80 3.99 Sisl 96.80 96.90 Udayjew 99.50 103.80 D M Sund.Multi  [1] 1.40 1.45
Asian Star 630.00 630.00 Crowntours 19.25 19.45 Godavari Dru 39.30 40.00 Jagatjit Ind 34.50 35.70 Magna Electr 119.90 118.15 Ontic 6.04 5.74 Rishabh Digh 20.10 20.55 Sita Enter. 9.00 8.90 Udl [2] 3.20 3.36 D M Super Spn  [1] 4.50 4.70
Asian Tea 13.84 14.01 Cslfinance 171.75 170.10 Golden Carpe 4.12 4.12 Jagjanani 0.35 0.36 Maha Corp [1] 0.26 0.26 Optifin 25.00 25.00 Rishi Laser 7.49 7.12 Sj Corp Ltd [1] 11.55 10.98 Ugrocap 100.05 98.25 D M G SuranaSolar  [5] 6.75 6.70
Asiil [1] 12.65 12.90 Ctl [1] 3.49 3.59 Golden Lamin 450.05 455.50 Jagson Fin. 2.46 2.46 Maha.Rubtech 31.65 32.25 Organic Coat 2.94 3.08 Rishiroop 26.55 29.30 Skcil 30.35 29.50 Ultracab 59.50 62.20 DQ N M Suryalaxmi 17.00 17.10
Asm Technolo 92.05 93.85 Cybele Ind 8.27 8.30 Golkunda Dia 17.75 18.60 Jaibala Ind 20.35 21.35 Mahan Ind. 0.19 0.19 Orient Bever 58.25 58.85 Rishitech 14.70 15.55 Skp Secure. 35.20 34.00 Ultramarine [2] 280.95 295.20 M Syncom 2.00 2.10
Asso.Alcohol 266.55 261.55 Cybermate [2] 1.19 1.20 Goodricke 294.70 288.55 Jainmarmo 18.90 18.90 Mahepc 167.30 164.90 Orient Trade [2] 1.26 1.28 Rit Pro Ind 12.05 12.57 Sky Indust. 20.80 21.80 Umiya 8.30 8.00 M TCI Fin 5.95 5.80
Atharv Ent 0.71 0.71 Dacefrg 9.56 9.53 Goodyear (I) 942.50 946.65 Jaipan Indus 7.62 8.38 Mahesh 4.63 4.54 Oriental Ven [1] 40.50 40.70 Ritesh Inter 7.52 7.67 Skyl Millar [1] 2.77 2.90 Uni Abex 338.30 343.75 M M A TechnofabEng 8.95 8.60
Atishay 49.25 46.80 Dai­Ichi Kar 281.50 281.55 Gopal Iron S 5.98 5.98 Jameswarren 112.65 115.00 Maitri 7.38 7.74 Orientelec [1] 175.20 175.90 Rlf Limited. 1.43 1.50 Smfil [1] 0.57 0.58 Unick 28.50 29.80 C N TecIndNirman 2.95 3.05
Atv Projects 3.27 3.11 Daikaffil Ch 32.05 33.65 Gorani Indus 11.55 12.12 Jamshri [1000] 2757.00 2871.00 Majestic Aut 83.70 83.75 Osiajee 34.40 35.20 Rmchem [1] 0.53 0.52 Smruthiorg 188.00 193.00 Unique Organ 6.07 6.19 N TejasNetwork 63.85 67.00
Auro Lab. 54.00 52.30 Dalal St Inv 244.00 243.50 Goyal Asso. [1] 0.78 0.78 Jasch Indust 25.70 26.95 Makers Lab. 72.90 76.50 Ozoneworld 80.00 80.20 Rnbowdenim 1.72 1.80 Smslife 457.60 444.50 Unison 52.00 52.00 G mm ND A C m TGBBanqt&Hot 4.50 4.40
Austin Engg. 33.10 32.85 Danlaw Tech. 38.55 39.00 Gpl 268.00 273.00 Jay Ushin 601.65 600.75 Mal [3] 1.10 1.15 P.G.Foils 73.45 73.85 Rodium 90.60 90.15 Snl Bearings 106.15 106.00 Unitech Inte 4.89 5.13 G H ND V TheMandanVen 9.75 9.95
Available Fi 7.21 7.57 Danube 10.20 10.36 Grauer& Weil[1] 38.50 38.85 Jaykay [1] 3.97 3.86 Mallcom 258.95 257.00 P.G.Ind.Ltd. [5] 2.15 2.25 Roopa Indus 9.85 10.29 Sntcl 1.16 1.16 United Cred. 10.30 10.76 G N M ThePKTeaProd 124.00 125.05
Avantel Ltd 399.45 386.95 Darjeeling 4.14 4.14 Graviss Hosp [2] 15.80 15.20 Jayshri Chem 3.78 3.95 Man50etf [100] 115.20 115.40 P.H.Capital 12.10 12.10 Rossari [2] 751.10 765.95 Solara 979.75 957.90 United Drill 150.90 150.50 G NK TheWestInPly 50.00 50.00
Avonmore 9.17 8.97 Darshanorna 14.60 15.00 Gravity (I) 1.24 1.18 Jaysn Dyest [1] 35.60 36.15 Mancredit 40.05 41.35 Pacific Ind. 126.05 133.00 Roto Pumps [2] 87.70 88.70 Solid Stone 28.20 26.80 Univ.Starch 46.00 46.90 G G N Thom.Scot 5.00 5.25
Axel Polymer 12.09 12.09 Ddil 10.60 11.00 Greencrest [1] 0.55 0.54 Jct Ltd [2] 1.04 1.09 Mangalam In[1] 0.29 0.29 Padam Cotton 9.80 9.75 Roxy 30.35 34.30 Solitair Mc 19.10 19.00 Univphoto 208.60 219.00 G N TN Tele 1.80 1.85
Axise2gpg 9.46 10.40 Deccangold [1] 15.44 15.18 Greycells 25.30 25.30 Jenburkt Ph. 421.60 434.20 Manorg 489.90 469.80 Padmalaya Te 2.32 2.28 Royal Ind 1.01 0.96 Somdatt Fin 18.45 18.10 Unjha Formul 6.40 6.10 G N TouchwoodEnt 46.05 47.65
Axonvl 0.98 0.99 Decipher 22.60 22.50 Grm Overseas 316.65 332.45 Jetinfotran 27.30 28.65 Mansi Financ 39.80 39.80 Pan India C 0.19 0.20 Royale Manor 11.23 11.74 Sonal 31.70 32.85 Upasana Fin. 15.00 14.85 G O OC Transwarnt 3.15 3.30
Axtel Indus. 149.90 157.05 Deepak Spinn 55.00 57.75 Grovy 23.40 24.55 Jindal Hotl 19.50 18.85 Manvijay 137.55 144.00 Pana Energ 152.65 141.05 Rril [5] 1.67 1.61 Sourcentrl 83.50 91.85 Upsurge Inv. 10.05 9.82 G O C TV VISION 1.90 1.85
B.N.Rathi Se 23.75 25.80 Delton Cable 36.90 38.70 Gsb Finance 5.32 5.07 Jiyaeco 10.99 11.08 Manxt50etf [275] 276.00 275.87 Panafic [1] 0.20 0.21 Rrmetal 27.35 28.25 South.Latex 5.32 5.32 Ushdev Intnl [1] 0.17 0.16 G Om C m TVS Elec 91.75 90.80
Baba Arts [1] 6.61 6.94 Denis Chem 56.25 54.30 Gstl 85.25 80.05 Jkagri Gen 900.15 874.40 Maris Spin. 8.95 9.39 Panch.Steel 21.75 22.80 Rsdfin [5] 27.30 26.50 Southernin 13.71 13.98 Utinext50 285.00 277.11 G N Omm UmangDairy  [5] 45.30 44.70
Bacil Pharma 2.45 2.45 Devine Impe 2.91 2.86 Guj.Hotels 87.85 85.15 Jl Morison 1777.00 1751.55 Maruti Infra 19.85 19.65 Pankaj Poly. 3.05 3.20 Rts Power Co 27.70 27.45 Sovereign Di 3.08 2.94 Utiniftetf 1195.90 1202.41 G O m UrjaGlobal  [1] 3.25 3.10
Baid Leasing 27.95 26.60 Dhabriya 27.15 28.10 Guj.Intrux 88.05 82.00 Joindre Capi 16.10 15.09 Master Trust [5] 16.00 16.00 Pankajpiyus 33.65 35.30 Rubfila Int. [5] 36.80 38.00 Spandana 628.15 626.75 Utique 1.33 1.27 G O C Usha M Ed  [1] 1.30 1.30
Bajaj Steel [5] 184.10 179.35 Dhampure Sgr 12.60 12.60 Guj.Petro 12.92 13.56 Joonktollee 115.50 115.95 Mathew Easow 7.73 7.35 Panth 11.28 11.06 Rubra Medica 2.38 2.49 Spectra Ind. 1.58 1.51 Utisensetf 404.83 399.75 H w C O N HO Utm.G.Stl 6.55 6.65
Bajajhcare 363.35 358.00 Dhan Jeevan 6.70 6.37 Guj.Terc Lab 8.99 8.99 Josts Eng. 504.55 539.95 Maxheights 11.25 11.25 Para. Cosmet 13.25 13.91 Ruttonsha In 29.40 32.30 Spel Semicon 5.99 6.28 Utisxn50 296.90 296.80 HC O Vard.SPC 65.00 67.15
Balasore [5] 9.75 10.50 Dhan Roto Sp 17.05 18.05 Guj.Themis. [5] 208.30 205.25 Joyrealty 10.50 10.50 Maxima Syst [2] 2.94 3.08 Parleind 14.60 15.10 Rvnl 19.10 19.35 Spencer [5] 88.35 86.85 Utlinds [1] 9.26 8.80 H O Vaswani 5.25 5.10
Balmer La.In 402.85 402.20 Dhanadacol [1] 2.79 2.74 Gujaratpoly 7.81 8.20 Jstl 20.75 20.05 Maximus 88.70 90.50 Parmax 30.50 30.50 S.A.Enterpr. 2.74 2.74 Spenta Int. 50.05 52.55 Uyfincorp [5] 2.63 2.49 H NG & O VenusRemedis 103.85 109.00
Balurghat Te 8.70 7.97 Dhanlxmi Fab 14.40 15.10 Gujchem Dist 176.55 167.75 Jtaparia 0.46 0.48 Mayur Leathr 5.34 5.30 Parnaxlab 16.30 17.15 S.I.Paper 63.95 63.00 Spice Island 8.04 7.64 Vaarad [1] 3.64 3.82 H Vice.Htl 2.55 2.60
Bambino Agro 151.50 152.25 Dhanvarsha 100.25 98.45 H.P.Cotton 16.90 17.65 Jtl Infra 121.95 122.00 Mcloud 47.15 49.00 Parshwana 12.16 12.16 S.R.Indus. 1.12 1.14 Spicejet Ltd 46.15 46.45 Vadilal Ent 904.05 915.00 & V VikasMultcor 12.00 12.55
Bampsl Secur 0.64 0.67 Dharamsi Chm 148.15 155.55 H.S.(I) Ltd. 5.70 5.43 Jumpnet [5] 79.10 81.00 Medi Caps 20.30 20.70 Parvati [5] 1.30 1.24 Saboo Sodium 4.00 4.20 Sportking 235.00 244.00 Vaghani 10.27 10.27 m W D VIPClothing  [2] 6.35 6.40
Banas Fin. 2.01 2.05 Dharani Fin. 5.02 4.99 Haldyn Glass [1] 36.00 35.90 Jyoti Ltd. 8.41 8.41 MediaMatrix [1] 4.93 5.03 Pas.Acrylon 9.00 8.85 Sacheta Met. 14.75 15.10 Srg Hfl 110.80 109.20 Valiant Comm 30.85 32.35 M w Visa Stl 5.20 5.30
Basant Agro [1] 5.10 5.59 Dhindia 13.44 13.03 Har.Leather 26.45 27.65 Jyoti Resins 189.65 190.75 Medicamen Bi 493.15 502.20 Pasari Spin 1.20 1.26 Sadhana Nitr[1] 31.95 31.25 Sri Digv Cem 47.55 47.70 Vallabh Poly 6.75 6.42 m VishalFabric 272.00 272.50
Bcc Fuba 7.01 7.36 Dhoot I.Fin. 24.25 25.45 Haria Apl 1.05 1.05 Kabra Drugs 3.48 3.42 Medinova Dia 15.00 14.30 Patel Airtem 137.30 134.40 Safari Ind. [2] 361.15 361.20 Sri Kpr Ind 10.70 10.17 Valson Indus 15.80 15.50 Vivi Lab  [2] 14.15 14.85
Bclenterpr 16.35 16.45 Dhp India Lt 325.85 334.85 Haria Export 1.33 1.38 Kabsons Indu 4.49 4.57 Mega Corpn. [1] 0.39 0.38 Paushak Ltd 4185.80 4126.35 Sagarprod [1] 9.45 9.86 Sspdl Ltd 12.04 12.64 Vama Inds [2] 9.02 8.96 W Wanbury 39.70 41.65
Bclil 47.00 46.45 Dhruv Estate 14.50 14.75 Hathway Bhaw 26.70 26.20 Kachchhmin 2.50 2.62 Mehai 24.30 25.50 Pazel [1] 0.65 0.66 Sagarsoft 55.70 55.70 St Corp 5.59 5.32 Vamshi Rubb. 18.05 16.25 Webel SL 18.40 18.00
Bdh Indus. 90.45 86.15 Diamines&Chm 413.40 416.70 Hawaeng 23.60 24.00 Kaira Can Co 766.95 799.00 Mehta Secur. 13.38 13.38 Pbm Polytex 31.00 31.90 Sahara Housg 29.80 32.70 Stanpacks(I) 3.62 3.44 Vandana [1] 0.31 0.32 w H m WS Ind 1.30 1.35
Beekay 224.20 220.85 Diana Tea Co [5] 9.47 9.41 Hawkins Cook 4750.30 4801.75 Kallam [2] 5.08 5.08 MenonPiston[1] 11.05 13.22 Pcs Tech 4.15 4.35 Sahya Indu 217.35 228.20 Stanrose Maf 94.55 95.40 Vapi Paper 40.00 38.00 m XelpmocDesgn 114.95 117.15
Bemco Hydrau 57.65 60.45 Disa India 3425.50 3491.60 Haz Mul Pro [4] 0.48 0.50 Kamadgiri 34.95 36.15 Mercantile 7.10 7.45 Pee Cee Cosm 66.50 64.60 Saibaba 2.89 2.84 Stardelta 82.60 79.00 Varroc [1] 222.55 215.90 C m Xpro India 24.20 24.00
Benares Hot 1260.40 1283.15 Divinus 36.00 36.00 Hb Estate De 7.15 7.20 Kamaholding 5287.45 5218.70 Mercurylab 355.85 373.60 Pentamed.G [1] 0.40 0.42 Sainik Fin. 19.05 18.10 Starlite Com 2.75 2.65 Vas Infra 2.96 2.75 M ZEEMedCorp[1] 5.40 5.55
Bengal Tea & 30.45 29.00 Divya.Granit 40.75 41.00 Hb Portfolio 17.00 16.00 Kaman Hsg 4.80 5.00 Mescon 5.00 5.09 Pentokey Org 5.19 5.20 Saint­Gobain 53.95 52.85 Starlog 9.97 10.39 Vbc Ferro 15.05 15.75 M M Zicom 1.50 1.55
Bengla& Asm 1428.35 1375.05 Dolphin Medi 1.32 1.35 Helpage 11.15 11.00 Kanchi 370.25 356.25 Metroglobl 43.00 42.50 Perfectpac 113.75 111.40 Salauto 130.25 134.10 Starteck 49.00 49.50 Vedavaag 19.20 18.90 Zod.Jrd 27.55 27.25

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