WEDNESDAY • DECEMBER 1, 2021

MUMBAI
₹10 • Pages  10 • Volume  28 • Number  331

TRADE RISING WAFTING AROMA MOMENT OF PRIDE

Global trade to reach about  Arabica parchment coffee prices I am incredibly energised by the
$28 trillion in 2021, up 11% over have soared to a record ₹15,000 a opportunities ahead, says Twitter's
pre­Covid levels, says UNCTAD p7 bag, tracking global uptrend p8 newly­appointed CEO Parag Agrawal p10
Bengaluru Chennai Coimbatore Hubballi Hyderabad Kochi Kolkata Madurai Malappuram Mangaluru Mumbai Noida Thiruvananthapuram Tiruchirapalli Tirupati Vijayawada Visakhapatnam Regd. TN/ARD/14/09-11, RNI No. 55320/94

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IN MAKEOVER MODE
Economy grows robust 8.4% in Q2 Public shareholders to take big RELIANCE CAPITAL BOARD SACKED

Shriram Group forms
management board
Mumbai, November 30
Financial services major
Shriram Group founder R
Thyagarajan announced a
leadership transformation at
the group with the formation
of a board of management to
drive long-term vision and
strategy. The promotership
has been transferred to the
Shriram Ownership Trust and
the promoter stake in the
Shriram Group will be owned
by its current and future
leaders. P2
OMICRON SCARE
States step up genome
sequencing
Ahmedabad, November 30  Subramanian  said  he  expects
As the threat of Omicron’s
looms large over India,
States have increased
genome testing of samples
to identify the new variant
that has triggered panic
across the world. The
Gujarat Biotechnology
Research Centre has so far
sequenced a total of 2,932
samples, of which, 1,407
were B.1.617.2 or Delta
variant. P10
Expect double­digit
growth for full
fiscal, says CEA  Fiscal deficit
OUR BUREAU
New Delhi, November 30
The Indian economy appears to
be gathering momentum, with
three  key  indicators  —  GDP
growth rate for the July­Septem­
ber  quarter,  core  sector  per­
formance in October and fiscal
deficit  for  the  April­October
period  —  exceeding
expectations.
The GDP growth rate for the
second quarter reached 8.4 per
cent,  core  sector  growth
touched  7.5  per  cent  and  the
fiscal  deficit  for  seven  months
came in at 36.3 per cent.
Chief  Economic  Advisor  KV
the growth rate for the full fiscal
year  to  be  in  double  digit,
higher than the RBI projection
of 8.5­9.5 per cent.  economy  showing  an  annual
“India  is  likely  to  touch
double­digit  growth  in  FY21­22,
6.5­7 per cent the next year and
over 7 per cent thereafter,” Sub­
ramanian said in his last press
conference as the CEA.  ₹14,000  crore,  or  140  per  cent
He said the impact of second
generation reforms would also
unfold  in  the  coming  months.
The hope, he said, is that the im­
pact  of  the  new  Covid  variant
Omicron  would  be  cushioned
by the rapid pace of vaccination
and  strict  adherence  to
protocols.
Looking forward, he said, the
informal  sector  has  been  im­
pacted  but  there  is  low  likeli­
hood of hysteresis (simply put, a
lag  between  input  and  output
in  a  system  upon  a  change  in
direction) because  of  high  la­
bour­intensity.  nals the feasibility of the Indian
Healthy financial sector
At  the  same  time,  he  said,  the
financial  sector  is  healthier  as
net  profits  of  Public  Sector
Banks at June­end reached over
and 255 per cent higher than the
corresponding  period  of  FY21
and FY20.  said, adding that there are sec­
Also, the manufacturing sec­
tor  has  benefited  from  policy
push.
Commenting  on  the  GDP
growth number, DK Srivastava,
Chief  Policy  Advisor,  EY  India,
said  that  led  by  a  high  real
growth  in  public  administra­
tion, defence services, etc at 17.4
per cent in Q2 of FY22, the real
GDP growth at 8.4 per cent com­
ing  after  a  growth  of  20.1  per
cent in the previous quarter sig­
growth of close to 9.5 per cent
for FY22.  The output of the eight core in­
Senior  Congress  leader  and
former  Finance  Minister  P
Chidambaram  ‘cautiously  wel­
comed’  the  GDP  number.  “It  is
not yet a V­shaped recovery. The
fineprint will bear that out,” he
tors  that  are  still  crippled  and
need help and time to recover.
The  Centre’s  fiscal  deficit
reached  36.3  per  cent  of  the
Budget Estimate (BE) during the
first  seven  months  (April­Octo­
ber) of 2021­22. Experts say if dis­
investment does not go accord­
ing  to  plan,  the annual  deficit
number could exceed BE by 10­
20 basis points.
Aditi Nayar, Chief Economist
with  ICRA,  estimates  that  the
total  expenditure  will  over­
shoot the FY22 BE by ₹1.3­1.5­lakh
crore, based on the net outgo re­
lated to the First Supplementary
Demand for Grants, the recent
enhancement  in  the  food  sub­
sidy outgo towards the PMGKAY,
the increase in the fertiliser sub­
sidy for the rabi season, and the
likely enhancement in the alloc­
ation for MGNREGA and the new
RoDTEP scheme for exporters.
Core sector rises
dustries grew  a  robust  7.5  per
cent in October, official data re­
leased on Tuesday showed. This
was higher than the 4.5 per cent
growth  in  September  and  0.5
per  cent  growth  in  October
2020.  2021.  JN  Gupta,  Managing  Dir­
hit; Anil Ambani barely hurt
SURABHI
Mumbai, November 30 
Public shareholders of Reliance
Capital, holding over 97 per cent
in the company, will take a ma­
jor hit with the RBI superseding
the  NBFC’s  board  even  as  the
ousted  promoter­Chairman,
Anil Ambani, walks away, barely
bruised, as he had reduced his
stake to less than 2 per cent by
March  2020  from  over  52  per
cent in December 2018. 
Even  as  the  promoters  were
selling  the  shares,  retail  in­ ector,  Stakeholder  Empower­ Services Private Limited holding
vestors  were  lapping  them  up. ment  Services,  said:  “Past  fail­ a further 1.43 per cent. The RBI
Data with BSE show that the pro­ ures such as those at YES Bank must re­look ownership norms,
moter  group,  led  by  Anil  Am­ and DHFL indicate that rarely a setting  also  a  minimum
bani  and  his  family,  owns  just company  with  high  promoter threshold, Gupta said.
1.51 per cent stake as on Septem­ stake fails... The first red flag is
ber 30, 2021, while public share­ when  the  promoter  stake  be­ Advisory panel
holders held 97.85 per cent. Re­ gins to come down. This should Simultaneously, the RBI has con­
tail  shareholders  with  a  share be a trigger for the RBI to sit up stituted a three­member Advis­
capital of up to ₹2 lakh hold as and  take  action,  rather  than ory Committee to assist the Ad­
much as 57.53 per cent. wait  till  the  company  com­ ministrator of Reliance Capital.
pletely fails.”  The members are Sanjeev Naut­
Promoter stake cut, red flag LIC,  with  a  stake  of  2.98  per iyal,  former  Deputy  Managing
Foreign portfolio investors, who cent, is the single largest share­ Director, SBI; Srinivasan Varada­
held as much as 22.74 per cent as holder  of  Reliance  Capital. rajan, former Deputy Managing
on  June  30,  2019,  owned  just Ramkrishna Reddy Chinta is an­ Director, Axis Bank; and Praveen
0.43 per cent by September 30, other large shareholder (2.16 per P Kadle,  former  MD  and  CEO,
cent), with his RKR Investments Tata Capital.

CM . ...... . .....BM-BME
YK

2 NEWS
Shriram Group announces succession Covid-19: Stringency index shows
plan; forms board of management India has unlocked more than others
Promotership transferred to Shriram Ownership
Trust; board to be run by 4 senior personnel
OUR BUREAU
Mumbai, November 30
Shriram Group founder R Thy­
agarajan  on  Tuesday  an­
nounced  a  leadership  trans­
formation  at  the  group  with
the  formation  of  a  board  of
management  to  drive  long­
term vision and strategy.  strength  and  talent  for  sus­
The  board  of  management
appointed  by  the  Shriram
Ownership  Trust  (SOT)  in­
cludes  four  senior  personnel
— DV  Ravi,  MD,  Shriram  Cap­
ital; R Duruvasan, Whole­time
Director,  Shriram  Capital;
Umesh Revankar, Non­Execut­
ive  Director,  Shriram  Capital
and  VC  and  MD,  Shriram
Transport  Finance  Company;
and Jasmit Singh Gujral, Non­
Executive  Director,  Shriram
Capital  and  Executive  VC  for
Shriram  General  Insurance
Company.
Group responsibility
Thyagarajan would step down
from  a  formal  role  in  the
group  and  will  mentor  the
Non-payment of dues: SpiceJet, aircraft maker
De Havilland mull out-of-court settlement
FORUM GANDHI
Mumbai, November 30
SpiceJet and Canadian aircraft
manufacturer  De  Havilland
are  mulling  an  out­of­court
settlement  for  the  non­pay­
ment of dues for the delivery
of  14  Dash  8­400  turboprops
the former had ordered.
Both  companies  are  set  to
enter  into  a  commercial
agreement. The conversations
are  in  “advanced  stages”  ac­
cording  to  sources  and  is
likely  to  be  implemented  by
next month.
Settling case out-of-court
In  August,  De  Havilland
dragged  low­cost­carrier  to
Delhi  High  court  to  imple­
Promoters acquire
10.5% more stake
in Asian Hotels
OUR BUREAU
Mumbai, November 30
Asian  Hotels  promoters  Saraf
Industries has acquired an ad­
ditional  10.5  per  cent  stake  in
the company at ₹184 a share.
The  promoter  group  led  by
Radhe  Shyam  Saraf  now  has
41.99 per cent stake in the debt­
strapped­hospitality  company
Asian Hotels.  Nellore  in  Andhra  Pradesh  to
The  company  said  Saraf  In­
dustries  had  acquired
12,10,000 equity shares for 10.5
per cent stake at a face value of
₹184  per  share.  Prior  to  this,
Saraf  Industries  owned  31.49
per cent stake in the company;
with  this  purchase,  the  com­
pany now owns a 41.99 per cent
stake  in  the  company.  It  has
paid  ₹22.26  crore  for  the  said
stake.  The newly acquired refinery
“The  aggregate  holding  of
promoter and promoter group
of  the  target  company  before
and after the aforesaid inter­se
transfer of equity shares will re­
main the same,” it added.  value­added  products.  The  fa­
IPO-bound footwear company Metro Brands eyes store expansion German tech unicorn Celonis to invest
Witnesses
recoveries in
premium category
ABHISHEK LAW
Kolkata, November 30
IPO­bound footwear company,
Metro  Brands  —  which  is
backed by ace investor Rakesh
Jhunjhunwala  —  will  off­load
nearly  10  per  cent  promoter­
stake and nearly ₹250 crore of
the  proceeds  will  be  used  for
store  expansion.  As  many  as
219  stores,  mostly  company­
owned, will be added over the
next 30 months.
According to Nissan Joseph,
CEO, Metro Brands, offline ex­
pansion  will  aid  omni­chan­
nel  presence  as  well  as  shore
up  offerings  in  the  e­com­
merce  space.  Most  stores
double­up  as  omni­channel
aiding  deliveries  for  orders
made online.
As  on  March  31,  2021,  the
company  operates  586  stores
CM
YK
board  of  management.  “The
management  of  Shriram
Group  can’t  be  restricted  to
only one individual. It will be
good  and  beneficial  if  re­
sponsibility of guiding the or­
ganisation is handled by a few
people.  We  need  different
taining an organisation,” Thy­
agarajan said, adding that an
individual or individual’s fam­
ily will not be promoter of the
Shriram Group.
“During  the  last  few  years,
there  have  been  apprehen­
sions  about  the  succession
planning  of  the  Group.
Though  I  have  indicated  that
succession  has  been
transitioned to Shriram Own­
ership Trust at various forums,
there  is  an  expectation  of
more  insight  on  this  trans­
ition,” he added.
The  promotership  of  the
Shriram  Group  has  been
transferred  to  the  Shriram
Ownership Trust.
The promoters’ stake in the
ment  the  $42.9­million  claim
decree granted by a UK court.
According  to  people  in  the
know, SpiceJet approached De
Havilland to consider an out­
of­court settlement. While De
Havilland  was  insisting  on
making  SpiceJet  cough  up
$42.9  million  earlier,  it  has
now reconsidered its position
in the matter.
“Both  the  companies  have
Cargill acquires edible oil
refinery in Andhra Pradesh
Move will entail a
total investment
of $35 million
MEENAKSHI VERMA AMBWANI
New Delhi, November 30
Food  major  Cargill  has  ac­
quired an edible oil refinery in
expand  its  footprint  in  south­
ern India and strengthen exist­
ing supply chain in the coun­
try.  The company’s move comes at
The  company  said  this  will
entail  total  investments  of
about $35 million (₹250 crore­
₹270 crore) to acquire, upgrade
the  facility  as  well  as  expand
the edible oil production capa­
city significantly at the facility.
will expand Cargill’s capacity to
supply  refined  palm  oil,  pal­
molein,  vanaspati  (hydrogen­
ated  vegetable  oil)  and  sun­
flower  oil  and  other
pan­India.  These  include
seven  franchisees  that  were
opened  over  the  last  seven
years.
IPO issue
Metro  Brands’  IPO  will  see
fresh issuance of shares worth
₹250 crore and an OFS of 2.19
crore  shares  by  shareholders.
Post the IPO, the promoter and
promoter group holding (Ma­
lik  Family  and  others)  in  the
company  will  come  down  to
75 per cent — in line with SEBI
norms — while Jhunjhunwala
will  continue  to  hold  around
14 per cent. The remaining one
per cent shareholding will be
held via the employees.
“IPO  proceeds  go  primarily
into  expansion  of  stores.
There’s been a revival in mar­
ket demand with numbers be­
ing  higher  than  pre­Covid
levels.  Premium  offerings  are
witnessing  movement  again.
And e­commerce is also not as
deep discounting a channel as
R Thyagarajan, Founder,
Shriram Group, will step down
from a formal role and mentor
the board of management
Group  will  be  owned  by  its
current  and  future  leaders.
Shriram  Ownership  Trust,
which  is  a  private  discretion­
ary trust, was set up in 2006.
Noting that the four people
have been with the group for
over  two  decades,  Thyagara­
jan  said,  “They  will  move  to­
gether in a harmonious man­
ner  and  guide  the
organisation in its future,” he
said.
“I will continue to be avail­
able to our people as I have al­
ways been available to them,”
he further said.  few  weeks  and  months.  Pro­
Shriram Capital is the hold­
ing company for the financial
agreed to settle it out of court.
It will be a commercial agree­
ment. It is a ‘win­win’ for both
companies,”  the  person  said,
without  divulging  the  con­
tours of the deal.
However,  another  person
said that “SpiceJet may induct
fewer  aircraft  for  now  and
maintain  a  long­term  rela­
tionship  with  the  aircraft
manufacturer,”  said  another
person.
Both SpiceJet and De Havil­
land did not respond to Busi-
nessLine’s query.
Pre-delivery dues
In 2017, SpiceJet signed a pur­
chase agreement for 25 Q­400
aircraft. It took delivery of five
X
W
The facility, located at
Krishnapatnam Port, is
expected to be fully
operational by May
next year.
cility  located  at  Krishnapat­
nam Port is expected to be fully
operational by May next year.
Organised brands
atime when the consumers are
increasingly  shifting  towards
organised  brands  post  the
pandemic.
Piyush  Patnaik,  Managing
Director of Cargill’s edible oils
business  in  India,  said  the  ac­
quisition  is  in  line  with  the
company’s  tailored  and  local­
ised market approach for Asia.
He added that the southern
India is the largest market for
sunflower oil in the country, ac­
counting for almost two­thirds
Nissan Joseph, CEO,
Metro Brands
it used to be. The digital space
has evolved as a complement­
ary channel focused more on
convenience  rather  than  be­
ing a liquidation channel as it
was  earlier,”  he  told
BusinessLine.
From  open  and  washable
footwear,  current  demand
trends  point  towards  casual­
isation  —  sneakers,  semi­
formal  offerings  and  athleis­
ure  being  popular.  Premium
offerings.  including  leather
footwear,  are  witnessing  a  re­
vival in demand.
The  company’s  average
selling price stands at around
services  and  insurance  busi­
ness of the Shriram Group.  A lower score of 45.83 reflects lesser
“Our  operating  companies
across lending and insurance
businesses have grown in size
and  scale,  and  continue  to
have  immense  potential  and
capabilities.  All  of  these  are
led by able management team
and a professional board. Our
role  would  be  to  extend  stra­
tegic  vision  to  them  while
keeping the interest the ‘Shri­
ram’ brand and ethos that has
been  guiding  light  for  the
group  over  the  last  four  dec­
ades,” said DV Ravi.  has  been  more  enthusiastic
Merger plans
On a question on whether this
succession  plan  has  been  ef­
fected with a possible merger
of Shriram Transport Finance
and  Shriram  City  Union  Fin­
ance,  Thyagarajan  said  some
kind  of  restructuring  of  the
group  is  being  thought
through and contemplated.  (OxCGRT) project calculates a
“A  final  decision  will  be
taken  in  due  course.  Some­
thing may emerge in the next
cess  of  thinking  through  is
taking place,” he said.
aircraft,  but  failed  to  make
pre­delivery  payments  for  fif­
teen  aircraft  in  the  order.  It
also  did  not  take  delivery  of
three  of  those  planes.  Later,
the  Canadian  aircraft  manu­
facturer  suspended  the
contract.
The  matter  came  to  light
when  SpiceJet  did  not  cough
up pre­delivery dues for 14 of
the  said  aircraft.  In  February
2020,  De  Havilland  sued  the
low  cost  carrier  for  the  same
in a UK High Court.
Earlier  this  year,  the  UK
court  upheld  De  Havilland’s
claims and said that it was en­
titled to recover $42.9 million
in  liquidated  damages  from
the airline.
of the sunflower oil consump­
tion  and  is  currently
underserved.
Expand footprint
“This is a strategic acquisition
for us and will help us expand
our footprint in the Southern
region.  We  already  have  a
strong  presence  in  Karnataka
through the brand Gemini. So
while this acquisition will help
us strengthen our presence in
Karnataka  further,  it  will  also
help  us  expand  and  build  a
much  larger  footprint  in
Andhra  Pradesh,  Telangana,
and Tamil Nadu,” he added.  der  the  law  to  deal  with  the
The company said it already
has  a  strong  presence  in  the
western, northern and eastern
regions.
Cargill  has  been  operating
its edible oils business in India
since  2001.  Its  edible  oils  and
fats  brands  portfolio  includes
NatureFresh, Gemini, Sweekar,
Leonardo, Rath and Sunflower
₹1350,  up  2–5  per  cent  annu­
ally.  Nearly  70  per  cent  of  its
turnover comes from its own
brands,  and  the  remaining
from third party ones.
It  reported  a  turnover  of
over ₹800 crore and a PAT of
₹64.6 crore in FY21. Its EBITDA
margin stood at 21.36 per cent.
Metro  —  which  also  owns
the  eponymous  brand  and
Mochi, apart from Walkway —
also  operates  Crocs  exclusive
brand outlets across the coun­
try  as  their  national  retail
partner  in  India.  Plans  are
afoot  to  add  new  interna­
tional  brands  to  its  portfolio.
It has already started market­
ing  and  selling  the  premium
flip­flop  and  open  footwear
brand, Fitflop UK, here.
Supply disruptions
According  to  Joseph,  the  im­
pact  of  rise  in  raw  material
costs  —  up  approximately  10
per  cent  year­to­date  across
categories  like  PVC,  EVA,
restrictions and curfew; complacency
could be due to falling case load
DATA FOCUS
RAM NARAYAN MURTHY
Chennai, November 30
As  newer  Covid  variants  and
mutations  surface,  the  world
is  moving  towards  tighter
measures  to  prevent  further
spread of the virus. But India
about  unlocking  Covid­re­
lated  restrictions  when  com­
pared  with  other  countries.
This  is  captured  by  the  com­
paratively  lower  stringency
index in India.
OxCGRT methodology
The  Oxford  Coronavirus  Gov­
ernment  Response  Tracker
stringency  index  for  coun­
tries.  This  index  is  a  compos­
ite measure based on nine re­
sponse  indicators  such  as
travel  ban,  school  and  work­
place closures, cancellation of
public events, restrictions on
public gatherings, closures of
public  transport,  stay­at­
home  requirements,  public
information  campaigns,  re­
strictions  on  internal  move­
ments,  and  international
travel  controls,  which  is  res­
caled to a value from 0 to 100
(100= Strictest).
India  has  a  relatively  low
stringency  index  of  45.83,
where the lower score reflects
lesser  restrictions  and
curfews.  This  complacency
could  be  due  to  the  falling
case­load in India.
On October 1, 2021, the aver­
age  daily  Covid  cases  were
around  23,806,  but  this  de­
clined 62 per cent since then,
standing  at  8,847  in  the  last
Supply-chain constraints to dent
Maruti Suzuki production in Dec
PRESS TRUST OF INDIA
New Delhi, November 30
The  country's  largest  car­
maker Maruti Suzuki India on
Tuesday said its production in
December could only be up to
85 per cent of the normal, ow­
ing  to  supply  constraint  of
electronic components due to
the  ongoing  semiconductor
shortage situation.
Due  to  supply  constraints,
the  company  is  expecting  an
Zomato Wings to help restaurants raise funds
PRESS TRUST OF INDIA
New Delhi, November 30
Online  food  delivery  plat­
form Zomato has announced
the launch of Zomato Wings,
a platform  to  connect  in­
vestors  with  restaurants,  to
help  them  raise  funds.  There
are  thousands  of  budding
restaurants  that  may  not
have the expertise or focus to
fundraise  at  the  right  time
from the right investors. This
is  where  Zomato  wants  to
help,  Zomato  Founder  and
Chief  Executive  Officer
Deepinder  Goyal  said  in  a
blog.
“We  are  excited  to  an­
nounce the launch of Zomato
among  others  —  is  expected
January­onwards  in  the  foot­
wear  industry.  Increases  in
freight  rates  are  a  “double
whammy”.
Raw material price
Raw material price volatility is
expected  over  the  next  six  to
eight  months  and  into  the
‘Spring­Summer of 2022’.
“Normally  companies  like
us  stock  up  on  a  six­month
basis.  As  of  now  there  is  not
much  pressure  except  some
raw  material  price  rise  and  a
beyond  normal  increase  in
freight rates,” Joseph said.
“But  sometime  around
December  and  January,  com­
panies  are  bound  to  feel  the
pressure.  So  another  six­to­
eight months of price volatil­
ity  is  what  we  foresee.  Maybe
by  Q1FY23  there  could  be  sta­
bility  across  costs  and  prices,
but  we  will  need  to  keep  an
eye  on  how  this  unfolds,”  he
added.
week  of  November.  Due  to
this, the Central and State gov­
ernments  have  been  steadily
relaxing restrictive measures.
Many  companies  have  re­
called  their  employees  back
to office, and schools and col­
leges  have  also  begun  offline
classes.
On  the  other  hand,  other
countries  appear  more  cir­
cumspect.  China  has  one  of
the  highest  stringency  index
with  a  score  of  76.39.  Ger­
many,  too,  seems  more  care­
ful with a score of 72.55. Coun­
tries like the US, Brazil, Japan,
and the UK are relatively open
with  stringency  index  in  the
40s  range.  Russia  and
Pakistan,  however,  appear
more blasé with scores below
India,  at  38.43  and  31.94
respectively.
Vaccination progress
The  progress  of  vaccination
could also be making the gov­
ernment  complacent.  India
has the highest daily vaccina­
tion doses administered, with
an  average  of  79  lakh  doses
per  day  which  is  4.3  times
higher than the US’ daily vac­
cination  rate  of  around  18
lakh  doses.  This  vaccination
rate  could  be  another  factor
leading to lower stringency in
India.  The  daily  vaccination
rate in India has been picking
up pace since July and has hit
an all­time high in November.
India has administered more
than  1.2  billion  doses  and
completely  vaccinated  32.1
per cent of its population.
Epicentre shifts to Europe
The  Covid  epicentre  has  now
shifted to Europe, where most
adverse  impact  on  vehicle
production  in  December  in
both  Haryana  and  Gujarat
(Suzuki  Motor  Gujarat  Pvt
Ltd), , Maruti Suzuki India said
in a regulatory filing.
‘Dynamic situation’
“Though the situation is quite
dynamic, it is currently estim­
ated that the total vehicle pro­
duction  volume  across  both
locations could be around 80
Wings, a platform to connect
investors  with  restaurants.
Just  like  ambitious  restaur­
ant entrepreneurs look for in­
vestors,  investors  also  hunt
for  brands  and  teams  that
have the potential to become
the next big chain,” he added.
Private investments
By  curating  a  set  of  restaur­
ants  and  cloud­kitchens  that
could  become  rocketships  if
fuelled  with  equity  capital,
Zomato hopes to build the go­
to  platform  for  venture  cap­
ital  firms,  angel  investors,
family  offices,  etc.  that  are
looking  to  make  private  in­
vestments in restaurants and
$100 m in India, create over 1,000 jobs
OUR BUREAU
Bengaluru, November 30
Germany­headquartered  Cel­
onis, an international techno­
logy Unicorn, which is known
for its process mining and ex­
ecution  management  offer­
ings,  launched  its  Indian  op­
erations  and  said  it  would
invest  $100  million  here.  The
firm  expects  to  create  more
than  1,000  jobs  in  the  next
two years.  form capabilities for business
The  company  said  expan­
sion  into  India  enables  the
world’s leading business pro­
cess  professionals  and  ex­
perts  to  unlock  billions  in
new  process  and  execution
value  for  both  their  custom­
ers and within their own com­
panies.  It also said that the opportun­
Powered by its process min­
ing  core,  the  Celonis  Execu­
tion  Management  System
provides a set of applications,
WEDNESDAY • DECEMBER 1 • 2021
countries  are  showing  a
massive  surge  in  daily  cases.
Germany’s daily cases have in­
creased more than seven­fold
since October to an average of
58,044 daily cases.  rules for flyers from abroad to
The  UK  has  been  seeing  a
rise  in  cases  since  the  first
week of November to around
44,000  cases  per  day.  The
daily cases in the US were back
to  their  October  highs  of  1
per cent to 85 per cent of nor­
mal production,” it said.
The  company's  production
capacity  at  Gurugram  and
Manesar plants in Haryana is
around  15  lakh  units  per
annum.
Suzuki  Motor  Gujarat,
which  supplies  vehicles  ex­
clusively to Maruti Suzuki In­
dia,  has  an  additional  in­
stalled production capacity of
7.5 lakh units per annum.  dra  Nath  is  working  against
cloud­kitchens, Goyal said.
“As  we  partner  with  more
investors by connecting them
with  enterprising  restaur­
ants,  more  budding  restaur­
ants would use this platform
for fundraising, and the plat­
form's  flywheel  would  create
a win­win for restaurants and
investors,  and  by  extension,
for Zomato,”' he added.
Goyal,  however,  pointed
out that Zomato's role would
be  limited  to  being  a  facilit­
ator  of  fundraising  for  res­
taurants.  It  will  help  restaur­
ants  position  their  story  and
metrics  in  the  right  manner
and  connect  them  with  the
right investors, Goyal said.  Wing.
Bastian Nominacher, Co-CEO
and Co-founder, Celonis
a developer  studio  and  plat­
executives  and  users  to  elim­
inate corporate inefficiencies,
provide  better  customer  ex­
perience  and  reduce  carbon
emissions,  the  company
claimed.  PUBLISHING PVT LTD., the Publisher &
Process mining
ity for process mining and ex­
ecution management in India
is immense.
The  firm  said  the  process
MUMBAI
BusinessLine
lakh cases, but there has been
a drop  in  cases  in  the  last
week  of  November.  With  the
new  variant  Omicron,  the  In­
dian  government  tightens
prevent  transmission.  The
stringency index for India can
move  higher  if  the  govern­
ment  perceives  higher  risk
from the new variant and be­
gins tightening again.
UP police FIR:
SREI Group
refutes allegations
OUR BUREAU
New Delhi, November 30
SREI  Group  has  refuted  the
allegations  made  in  the  first
information  report  (FIR)
filed by the UP Police against
its  promoters,  directors  and
described  the  report  as
“baseless”  and  intended  to
malign the image of the cor­
porate group. 
The  complainant  Bhupen­
the  interests  of  SREI  Group
and has been filing false and
frivolous complaints so as to
malign the organisation and
its  founders,  board  and  em­
ployees,  according  to  Dhruv
Bhalla,  Head  of  Brand,  Kan­
oria Foundation. 
“This  is  nothing  more
than  an  attempt  to  black­
mail  and  extort  money  by
abusing  the  process  of  law
and  we  are  taking  all  neces­
sary  steps  in  accordance
with  remedies  available  un­
situation/person,” he said. 
The FIR was registered at a
police  station  at  Kautwali
Jaunpur  on  the  basis  of  a
complaint by Nath. 
The  Jaunpur  polic  station
has  forwarded  the  matter  to
the  Economic  Offences
mining  opportunity  for  cus­
tomers,  global  system  integ­
rators (GSIs), business process
outsourcing  (BPO)  providers
and consultants was substan­
tial  due  to  the  shift  of  data
happening from on­premises
to cloud. The company said it
already works with several In­
dia­headquartered  global  IT
services  companies  like  TCS,
Infosys,  Wipro,  Tech
Mahindra and others.
BusinessLine
Disclaimer: Readers are requested to verify
& make appropriate enquiries to satisfy
themselves about the veracity of an
advertisement before responding to any
published in this newspaper. THG
Owner of this newspaper, does not vouch
for the authenticity of any advertisement
or advertiser or for any of the advertiser’s
products and/or services. In no event can
the Owner, Publisher, Printer, Editor,
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newspaper/company be held
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MUMBAI
BusinessLine
WEDNESDAY • DECEMBER 1 • 2021
Eight core industries’ output grows
7.5% in Oct, exceeds expectations
While coal and natural gas showed faster
growth, fertiliser and steel remained flat
OUR BUREAU
New Delhi, November 30
Aided  by  base  effect,  the  out­
put  of  eight  core  industries
grew  a  robust  7.5  per  cent  in
October  2021,  official  data  re­
leased on Tuesday showed.  ment has revised upwards the
This was higher than the 4.5
per  cent  growth  recorded  in
September  2021  and  0.5  per
cent growth recorded in Octo­
ber last year.
The chart toppers
The  latest  performance  was
driven by a sharp rise in out­
put in coal (14.6 per cent); nat­
ural  gas  (25.8  per  cent);  re­
finery  products  (14.4  per
cent);  cement  (14.5  per  cent);
and electricity (2.8 per cent).
The  remaining  constitu­
ents  —  fertilisers  (0.04  per
cent) and steel (0.9 per cent) —
We will walk the talk on introducing crypto
Bill in Parliament this session: Sitharaman
FM says government is studying guidelines of
Advertising Standards Council of India to take
a call on dealing with crypto advertising
OUR BUREAU
New Delhi, November 30
Finance Minister Nirmala Sithara­
man on Tuesday said that the Gov­
ernment was working on a new
Bill  on  cryptocurrency  and  that
this Bill would be introduced in
the  ongoing  session  of  Parlia­
ment after Cabinet approval.  private  cryptocurrency  and
The ongoing Winter Session of
Parliament  commenced  on
November 29 and is slated to end
on December 23.
Replying  to  questions  on
cryptocurrency  in  Rajya  Sabha
today,  Sitharaman  said  the  new
Bill takes into account the rapidly
changing  dimensions  in virtual
currency space and incorporates
certain features of earlier Bill that
could not be taken up.
‘Genuine intent’
She asserted that the government
had “genuine intent” of introdu­
cing the Bill last time itself in the
Monsoon  session  and  that  it
would be incorrect to infer or con­
Banning all cryptocurrencies
an unwise move: ORF report
PRESS TRUSTOF INDIA
New Delhi, November 30
With an estimated 15 million
Indians  holding  digital  cur­
rencies,  cryptocurrencies
need to be regulated like any
other  financial  asset  and  it
would be unwise for India to
ban  private  crypto  assets
when it has the ability to cap­
italise on it, a study released
by Observer Research Found­
ation (ORF) said on Tuesday.
The Indian crypto asset in­
dustry has seen exponential
growth  over  the  last  five
years.  An  estimated  15  mil­
lion  crypto­asset  holders
have  put  in  ₹660  crore  in
these crypto asset holdings.  ising  the  findings  of  the  re­
India now has two crypto
unicorns  and  over  350
crypto  start­ups  in  what  is
clearly  a  flourishing  in­
dustry.  The  report  said  the
country is well­placed to cap­
italise  on  the  opportunity
that  crypto­assets  present
S&P keeps India GDP growth UK competition watchdog
forecast at 9.5% for FY22 orders Facebook to sell Giphy
PRESS TRUST OF INDIA
New Delhi, November 30
S&P Global Ratings on Tuesday
kept  India’s  economic  growth
forecast  in  the  fiscal  year  to
March  2022  unchanged  at  9.5
per  cent  but  raised  its  predic­
tions  for  the  subsequent  year
on  broadening  out  of  the
recovery.
The  Indian  economy  had
shrunk by 7.3 per cent in 2020­
21 fiscal as the Covid pandemic­
induced  restrictions  battered
business activity.
The gradual lifting of the re­
strictions  has  helped  the  eco­
nomy  to  rebound  from  pan­
demic lows.
“India is learning to live with
the virus. Following the peak in
Covid­19 cases around mid­year,
the  stringency  index  has  de­
clined, mobility has recovered,
and  consumer  and  business
confidence has improved,” S&P
CM
YK
remained  flat  or  displayed
moderation  in  their  pace  of
YoY  growth.  However,  crude
oil recorded contraction of 2.2
per cent in October 2021.
Meanwhile,  the  govern­
core sector output growth for
July 2021 to 9.9 per cent, from
9.4 per cent projected earlier.
Madan Sabnavis, Chief Eco­
nomist,  CARE  Ratings,  said:
“With  overall  growth  being
7.5  per  cent  this  month,  we
could expect IIP growth to be
in  the  region  of  6­8  per  cent
with consumer goods, in par­
ticular,  driving  this  number
just before the Diwali season.”
He  highlighted  that  coal
and  cement  are  two  sectors
that  continued  to  register
high  growth  rates  over  im­
pressive rates last year. While
clude that the government would
this time too not go ahead with
enactment of law. “Once the Cab­
inet  clears  the  new  Bill,  it  will
come into the House,” she said.  She also revealed that as many as
Sitharaman,  however,  did  not
indicate how the government in­
tends  to  approach  the  issue  of
whether the new Bill will look to
ban  private  cryptocurrencies  or
not.  rencies  in  India,  however,  it  al­
It may be recalled that a Bill on
Cryptocurrency  and  Regulation
of Official Digital Currency for in­
troduction in the Lok Sabha had
been recently included in the Lok
Sabha  Bulletin­Part  II,  as  part  of
the government business expec­
ted to be taken up during the on­
going winter session.
According to the Lok Sabha Bul­
letin, the Bill seeks to create a facil­
itative framework for the creation
of the official digital currency to
be issued by the Reserve Bank of
India (RBI) for the ongoing winter
session of Parliament. It also seeks
due to its expanding private
crypto market.
‘Need to be regulated’
“Cryptocurrencies,  like  any
other financial asset, need to
be  regulated  in  order  to  en­
sure  consumer  welfare  as
well  as  promote  innova­
tion,”  a  statement  summar­
port  on  Regulating  Crypto
Assets in India said. “It would
be  imprudent  to  place  a
blanket  ban  on  private
crypto assets. This would res­
ult  in  significant  revenue
loss  to  the  government  and
may  encourage  nascent  in­
Global Ratings said in a report.  ASSOCIATED PRESS
Rising inflation is a pressure
point,  unlike  elsewhere  in
emerging Asia. But external de­
mand  continues  to  support
growth.
Strong recovery
Recent high­frequency indicat­
ors such as the October services
purchasing  managers’  index
reading  of  58.4  suggest  that  a
strong recovery is under way.
“We  leave  our  growth  fore­
cast unchanged at 9.5 per cent
for the fiscal year ending March
2022  and  7.8  per  cent  for  the
year ending March 2023.
“The  ongoing  broadening
out  of  the  recovery  suggests
that permanent costs are likely
to be lower, and as a result, we
revise higher our growth fore­
cast  for  the  fiscal  year  ending
March 2024 to 6.0 per cent from
5.7 per cent earlier,” it added.  potential  competition  from
The coal picture is “reassuring”
given the shortages and
production disruptions AFP
coal output grew 14.6 per cent
over  11.7  per  cent,  cement
grew 14.5 per cent over 3.2 per
cent. “The coal picture is reas­
suring  because  this  was  the
time  when  the  country  was
challenged  by  shortages  fol­
lowing a prolonged monsoon
which  came  in  the  way  of
mining. Also this was a global
problem,” he said.
In the case of cement, there
has  been  continued  focus  of
Finance Minister
Nirmala Sitharaman
to prohibit all private cryptocur­
lows for certain exceptions to pro­
mote the underlying technology
of cryptocurrency and its uses.
Asked  if  the  government  pro­
poses  to  ban  misleading  advert­
isements on cryptos in the media,
she told the Rajya Sabha on Tues­
day that the guidelines of Advert­
ising Standards Council of India
are being studied and their regu­
lations are also being looked into
“so that we can take, if necessary,
some  kind  of  position  or  a  de­
cision to see how we can handle
it”.
In a written reply to a few ques­
dustries to operate illegally.”  able to have an open mind regard­
The  new  monograph  by
ORF  in  collaboration  with
Esya  Centre  presents  a  deep
dive  into  the  growth  of
cryptocurrency in India and
proposes a balanced regulat­
ory approach.
India,  the  report  argues,
has  a  history  of  banning
goods  and  services  that  ex­
emplify  innovation  in  new
markets. It cited the ban on
the use of drones in India in
2014.  protection  and  security­related
That clipped the wings of a
nascent  domestic  industry.
In 2018, India realised that a
blanket  ban  was  ineffective
and, therefore, introduced a
regulatory  framework  to
govern  the  use  of  drones  in
the country.  regulations governing standards
Similarly,  much  earlier  in
the pre­liberalised era, India
tried  to  ban  the  import  of
gold  but  had  to  withdraw
the ban.
London, November 30
The  UK’s  antitrust  watchdog
has  blocked  Facebook’s  ac­
quisition  of  Giphy  and
ordered the social network to
sell the GIF­sharing platform,
saying  the  deal  hurts  social
media  users  and  advertisers
by stifling competition for an­
imated images.  sidering  all  its  options,  in­
The  Competition  and  Mar­
kets  Authority  said  on  Tues­
day  that  the  deal  would  let
Facebook “increase its already
significant market power” by
denying  or  limiting  other
platforms’  access  to  Giphy
GIFs  and  driving  traffic  to
Facebook­owned  sites.  It  has
noted  previously  that  there’s
only one other big provider of
GIFs, Google’s Tenor.  that its competition concerns
The regulator also was con­
cerned that the deal removed
NEWS 3
the  government  on  roads
(seen  in  the  fiscal  numbers
too),  which  had  added  to  de­
mand.  This  may  be  expected
to be sustained in the coming
months too, he added. 
Aditi  Nayar,  Chief  Econom­
ist,  ICRA,  said  the  divergence
in the double­digit growth of
cement  with  the  marginal
rise in steel is reflective of the
cutbacks  in  auto  production,
whereas construction activity
appears to be healthy. 
“With  a  mixed  trend  dis­
played  by  most  early  indicat­
ors  that  are  available  for
November 2021, we expect the
core  sector  growth  to  slip  to
under  5  per  cent  for  this
month. While the core sector
growth  has  accelerated  and
the festive season trends were
broadly  positive,  the  22  per
cent  contraction  in  auto  out­
put is likely to push the Octo­
ber  2021  IIP  growth  to  below
2.5 per cent”, she said.
tions on cryptocurrency posed by
Rajya  Sabha  members,  Sithara­
man  said  cryptocurrencies  in­
cluding non­fungible tokens are
unregulated in India and the gov­
ernment does not collect data on
transactions in cryptocurrency.
Crypto frauds
eight  cases  of  cryptocurrency
frauds are under investigation by
the  Enforcement  Directorate.
“Further  disclosure  of  informa­
tion may not be in larger public
interest”, she added. 
Sitharaman  also  said  the  gov­
ernment, RBI and SEBI have been
cautioning  people  about  the
cryptocurrencies that could be a
“high risk” area and “more can be
done” to create awareness.
A study was conducted by the
government through a research
firm  on  ‘Virtual  Currencies:  An
Analysis of the Legal Framework
and Recommendations for Regu­
lation’ in July 2017. Thereafter, the
government constituted an inter­
ministerial  committee  (IMC)  in
November 2017 under the chair­
manship  of  the  secretary  (eco­
nomic affairs) to study issues re­
lated  to  virtual  currencies  and
propose  specific  action  to  be
taken in this matter.
The  committee,  inter­alia,  re­
commended  that  all  private
cryptocurrencies  be  prohibited
in  India.  The  panel  also  recom­
mended  that  it  would  be  advis­
ing the introduction of an official
digital currency in India.
Meanwhile,  Minister  of  State
for  Finance  Pankaj  Chaudhary,
said in a written reply that RBI has
been  cautioning  users,  holders
and traders of virtual currencies
vide public notices on December
24,  2013,  February  1,  2017,  and
December 5, 2017, that dealing in
virtual  currencies  is  associated
with  potential  economic,  finan­
cial, operational, legal, customer
risks. 
Also, the RBI had, in a circular
dated  May  31,  2021,  advised  the
regulated entities to continue to
carry out customer due diligence
processes for transactions on vir­
tual  currencies,  in  line  with  the
for  know  your  customer,  anti
money laundering, combating of
financing  of  terrorism,  obliga­
tions  under  the  Prevention  of
Money  Laundering  Act  2002,  he
said.
the UK’s £7­billion display ad­
vertising  market,  of  which
Facebook controls half. 
It’s the first time the watch­
dog  has  sought  to  unwind  a
tech  deal,  marking  an  escala­
tion  by  regulators  seeking  to
tame digital giants. 
Facebook said  it  disagreed
with  the  decision  and  is  con­
cluding an appeal.
“Both  consumers  and
Giphy  are  better  off  with  the
support of our infrastructure,
talent,  and  resources,”  the
company said. 
After consulting with other
businesses and groups and as­
sessing  alternative  solutions
proposed  by  Facebook,  the
watchdog  said  it  “concluded
can only be addressed by Face­
book  selling  Giphy  in  its  en­
tirety to an approved buyer.”
.. ..... . . ...BM-BME
 MUMBAI

4 THINK BusinessLine
WEDNESDAY • DECEMBER 1 • 2021

0
xyz

wednesday, december 1, 2021

Cooperative credit societies are a mess
Most of them avoid regulatory oversight, and indulge in risky lending. Their supervision needs to be tightened
Inflexion point
MANAS R DAS/GANGA NARAYAN RATH of  the  respective  State  govern­ monitoring  properly  and  ad­
Q2 growth suggests that the economy is on a ments and by the Central Registrar equately?  A  more  fundamental

R
ecently, the RBI cautioned of Co­operative Societies if these en­ question would be: Are they ‘mod­
recovery path, but uncertainties remain the  public  against  some tities  function  in  more  than  one ernised’  enough  to  do  so?  Ill­func­
co­operative credit societ­ State.  However,  these  societies  do tioning societies need to be isolated

T
he 8.4 per cent growth in real GDP dur­ ies using the word “bank” not  come  under  the  RBI  scanner and special precautionary investig­
in their names. Further, it has been despite  accepting  deposits  from ations must be held by the control­
ing the second quarter of this fiscal sug­
clarified that these entities aren’t al­ and  disbursing  loans  to  their lers and supervisors. 
gests  that  the  Indian  economy  has  re­ lowed  to  perform  banking  activit­ members. Going by the repeated warnings
covered  rather  well  from  the ies, as per the Banking Regulation While  those  co­operative  credit issued by the RBI, it appears that the
debilitating impact of the second wave of the pan­ Act, 1949, through acceptance of de­ societies with reserves and paid­up central bank may be having defin­
demic. But this growth number should not lull us posits  from  non­members,  and capital of over ₹1 lakh have to seek a ite information on co­operative so­
nominal  or  associate  members. licence from the RBI, most of them cieties  circumventing  the  provi­
into complacency. A closer look at the expenditure Nor are their deposits protected un­ operate  with  a  lower  capital  to sions  of  Section  7  of  the  Banking
side  shows  that  private  final  consumption  ex­ der the deposit insurance cover of avoid regulatory oversight. Regulation Act. If that be the case, it
penditure  at  ₹19.4­lakh  crore  in  the  September DICGC.  The  RBI  has  exhorted  the is  essential  that  appropriate  legal
quarter,  while  being  slightly  higher  than  in  the public  to  be  cautious  with  such Arcane laws action  is  initiated  against  the
misleading  co­operative  credit Co­operative  credit  societies  are wrongdoers to protect the interests
June  2021  quarter,  is  still  well  below  ₹21.7­lakh societies. governed by anachronistic and ar­ of depositors and safeguard the in­
crore recorded in December 2019 quarter. Despite This is not the first time that the cane  laws,  and  their  customers stitutional  framework  governing
the pick­up in vaccinations, private consumption central bank has issued such an ad­ stand  to  lose  if  these  societies  go the conduct of banking activities.
that accounts for 54.5 per cent of the GDP is yet to visory. A similar press release was is­ bust. There could be systemic reper­ There  is  also  another  warning
sued  on  November  29,  2017.  The cussions  too.  This  is  buttressed  by Internal surveillance mechanism has to improve in credit societies that  such  societies  may  be  taking
reach pre­pandemic levels. Amidst this softness in
only  difference  is  the  reference  to the fact that some of these societies undue advantage of the poor in fin­
consumer  spending,  it  appears  that  the  govern­ the statute that is supposed to have registered under the Multi­State Co­ cent)  on  their  deposits,  compared lated  market  at  still  higher  rates ancially excluded areas and exploit­
ment’s effort to boost growth through capex is los­ been violated. The latest advice dif­ operative  Societies  Act,  2002  have to what banks — commercial or co­ too. ing them. This is a lesson for finan­
ing momentum. While gross capital formation hit fers  from  the  earlier  advisory  by reportedly  garnered  public  depos­ operative  —  offer.  In  that  case,  the So how can the societies lend to cial  inclusion.  Can  DICGC,  an  RBI
a peak of ₹13.3­lakh crore in March 2021 quarter, it mentioning  the  violation  of  Sec­ its  running  into  thousands  of question is at what rate of interest such  risky  borrowers,  which  is subsidiary, take any step as the in­
tion 7 of the Banking Regulation Act crores during the last ten years.  would  they  be  lending  and  to totally inimical to the health of the surer of deposits? They cannot, un­
has  decelerated  since  then,  with  expenditure  of while bringing in the amendments Interestingly, one such entity car­ whom?  Since  these  societies  have financial  sector  in  general?  Since less and until the societies are leg­
₹11.4­lakh  crore  in  the  September  quarter.  The introduced by the Banking Regula­ ries the following disclaimer on its little  fee­based  income,  let  us  as­ these societies have very thin base ally brought into their ambit.
Centre  will  have  to  renew  ef­ tion (Amendment) Act, 2020 (Act 39 website:  “Multi­State  Cooperative sume  that  they  keep  a  minimum of capital and reserves, they are ab Member­depositors  have  to  be
forts  to  boost  capex  and  push of 2020) which came into force on Societies  are  functioning  as spread of 6­8 per cent so that they initio fragile,  and  if  many  fail  like careful before putting in money in
September  29,  2020,  whereas  the autonomous cooperative organisa­ can pay salaries and wages to their this, a ‘domino effect’ could ensue. these  kinds  of  societies.  They
Scan & Share States in this regard. In a recent earlier  notice  made  a  reference  to tions  accountable  to  their  mem­ employees and service the deposits. should be first concerned about the
address, RBI Governor Shaktik­ Section  7  of  the  Banking bers  and  not  under  the In that case, they should be lending Who are the depositors? safety  of  their  principal  and  then
anta  Das  observed:  “Fiscally Regulation Act (As Applic­
Scan & Share
administrative control of at least at 18­20 per cent. If so, who Another pertinent question is who the return thereon. It is better to be
strong states could indeed lead able to Co­operative Soci­ the  Central  Registrar, could be the borrowers? are the depositors? Money launder­ safe than sorry.
eties) only. Ministry  of  Agriculture This  is  important  because  if  a ers,  since  these  societies  are  not Internal  surveillance  mechan­
the  expenditure  drive  in  crit­
However, this is the tip and  Farmers’  Welfare. borrower  is  capable  of  borrowing subject  to  Know  Your  Customer ism has to improve substantially.
ical  areas  of  public  infrastruc­ of the iceberg. The co­op­ Therefore,  the  deposit­ at over 20 per cent he must be in­ rules  and  Anti­Money  Laundering A majority  of  the  ills  will  be
ture.  This...  can  also  kick­start erative credit societies are ors/members are advised vesting  the  money  in  very  high laws? The very fact that the societies remedied if the State governments,
an  all­India  investment  cycle  with  positive  spill plagued  by  a  myriad  of to  take  decision  for  in­ yielding assets so that he can repay are  offering  such  high  rates  of  in­ along with RBI, regulate and super­
over to other States.”  problems, which need to vesting deposits based on the loan and also keep an adequate terest,  totally  misaligned  with  the vise  these  societies.  This  will  be
be addressed urgently.  the performance of their society at margin  for  himself.  In  the  real  or market, should raise a doubt in the good  for  both  the  common  man
On the income side, agriculture and services sec­ The vast number of co­operative their  own  risk.  Central  Registrar, even financial sector, it is very diffi­ minds  of  the  people  that  all  isn’t and  the  financial  sector  at  large.
tor displayed resilience while manufacturing sec­ credit societies aim to promote eco­ Ministry  of  Agriculture  and  Farm­ cult to get such a high return. well  with  them.  Why  the  societies The ticking of the time bomb must
tor lost buoyancy. Some comfort can however be nomic interests of their members. ers  Welfare  does  not  provide  any The borrowers of this sort must are  in  such  desperate  need  of be stopped fast and at any cost. To
drawn from the fact that India’s Q2 growth com­ They can maintain accounts and ac­ guarantee for these deposits.” be investing in highly risky and fra­ funds?  Are  they  trying  to  avoid  a be forewarned is to be forearmed.
cept  deposits  from  members  only Frequently  we  come  across  ad­ gile  assets,  thus  jeopardising  the collapse?
pares favourably with most major economies. The and  not  from  non­members.  They vertisements by some co­operative entire co­operative credit structure. Here a question may be asked as Das is a former senior economist, SBI,
US  and  China  witnessed  deceleration  in  growth are registered and regulated by the credit  societies  offering  exorbit­ There may be connected lending or to the working of the Registrars of and Rath is a former Chief General
due  to  rising  input  costs,  labour  shortages  and Registrar  of  Co­operative  Societies antly high interest rates (say 12 per on­lending to others in the unregu­ Co­operative  Societies.  Are  they Manager, RBI. Views are personal
Covid cases. India’s growth may continue to be ro­
bust in the next quarter going by the readings of

Gas can accelerate renewable energy shift

high speed indicators such as the manufacturing
and services PMI, industrial output numbers, GST
collections, air traffic and fuel consumption. That
said,  there  are  some  headwinds.  First,  pandemic
related uncertainty has made a global comeback.
Second,  India’s  wholesale  price  inflation,  at  12.5 Gas power can partner and integrate more renewables into the national grid. It can meet seasonal and peak power demand
per  cent  in  October,  will  add  to  input  cost  pres­ the dynamic power supply and de­ tion  of  the  grid.  Gas­based  power key  issues  which  need  to  be
DEEPESH NANDA
sures.  Meanwhile,  the  supply  push  through  PLIs, mand  situation,  it  is  prudent  for generation  is  perfectly  suitable  in addressed:

T
infrastructure and for telecom, besides pandemic­ he global energy system is
induced monetary policy initiatives, is perking up transforming  at  a  scale
and  pace  never  experi­
capex  sentiment.  On  the  whole,  the  economy  is
enced  before.  The  recent
well placed to shrug aside pandemic blues — if in­ announcements by Prime Minister
flation and other external headwinds recede.  Narendra  Modi  during  the  COP26
The Centre and the RBI should also keep in mind summit will usher in a new invest­
the  dichotomy  in  growth  while  framing  future ment  climate  within  the  country.
Targeting  net­zero  emission  by
policies.  While  the  formal  sector  is  in  fine  fettle, 2070, and reaching 500 GW of non­
micro businesses have been impacted severely by fossil fuel capacity and fulfilling 50
the pandemic. Many of these have had to face per­ per  cent  of  energy  requirement
manent  hits  to  business  due  to  changing  con­ from  renewable  energy by  2030
would  require  development  of  ro­
sumer habits brought about by the pandemic and bust infrastructure.
the proliferation of e­commerce. Rural consump­ The  idea  is  to  move  towards  a
tion,  which had  supported  growth  last  year,  is more resilient energy future that is
showing signs of flagging now as the government self­sustaining  and  dynamically
able to shift to meet the supply­de­
scales down its support to the rural employment
mand gap.
generation  scheme.  Given  the  somewhat  weak Technically,  increasing  penetra­
growth in consumption, the RBI cannot afford to tion of wind and solar will make the
increase  policy  rates  yet.  It  should  continue  to Indian grid susceptible to complex­
maintain an accommodative policy stance. ities of frequency and voltage fluc­
tuations.  This  will  happen  due  to
unanticipated  sudden  loss  of
power  generation,  leading  to  re­
duced system inertia. These natural
and anthropogenic events may also
POCKET An Urban Monsoon RAVIKANTH lead  to  grid  instability  and  black­
outs.  the policy actions continue to pro­
Given the nature of each techno­
logy (viz. solar, wind, gas, coal) and
grid  operators  to  identify  the  cor­
rect technology that will help man­
age the grid and support their long­
term needs. According to IEA, India
has a higher requirement for flexib­
ility  in  its  power  system  than  al­
most  any  other  country  in  the
world.  turn  down  levels  and  faster  ramp
At the global level, decarbonising
the power sector is among the fore­
most  priorities  for  nations  in  the
walk  towards  net­zero.  India  must
take this transition in a smooth, reli­
able and affordable manner.  turn a blind eye to the benefits of
Coal rules
In India, as of 2020, around 60 per
cent  of  the  power  generation  was
from coal power plants. From an en­
vironmental,  technological  and
economic standpoint, new coal ad­
ditions look unsustainable. The gov­
ernments  around  the  world  have
realised  this  and  are  deciding
against  any  big  investments  in
building  new  coal­based  power
plants,  while  marching  towards
meeting  their  respective  emission
reduction commitments.  etc., are not considered. To ensure a
However,  closer  home,  some  of
mote  high  carbon  emitting  fuel
types  for  power  generation  and
Gas can smoothen grid operations
gas power. For example, as per draft
NEP  (National  Electricity  Policy)
2021,  new  coal  power  plants  will
continue to be added and deadlines
for coal plants to comply with emis­
sion norms will be pushed forward.  of  interest  lately  and  there  is  a
Even in a forward looking tender
like  Round­the­Clock  (RTC)  power,
coal is still the first choice and the
evaluation is one dimensional tak­
ing only the weighted average tariff
as  the  criteria.  The  environmental
and  systemic  attributes  of  techno­
logy  like  ramp  rates,  turn­down,
successful  renewable  transition,
wind and solar need a right partner,
which  can  offset  their  disadvant­
ages and help in the smooth opera­
this situation.  Shorter PPA  (power  purchase
It has been a lost decade for gas
power, mainly due to questions on
availability and affordability of gas.
However, the value proposition that
gas power is able to offer owing to
flexibility,  quick  start­up,  deeper
rates  is  a  key  enabler  to  integrate
more renewables into the national
grid  and  meet  seasonal  and  peak
power demand.  CERC  escalation  index,  to  reflect
Gas  turbine  technology­based
power generation can balance grid
and  supply  power  at  competitive
prices  both  in  standalone  genera­
tion as well as when bundled with
RE power.  interventions  can  help  incentivise
Green hydrogen is attracting a lot
strong push to bring down its cost
of  generation  and  make  it  afford­
able. It’s encouraging to see that the
government  aims  to  increase  the
share of natural gas in the country’s
primary mix from 6 per cent to 15
per  cent  by  2030.  Investments  in
building gas pipeline network and
new gas import facilities to link all
States  with  the  currently  opera­
tional six gas terminals will address
the availability concerns.
In the short term, there are a few
agreement) term aligning gas con­
tracts is needed to enable gas power
plant developers to procure gas at
reasonable  prices.  Gas  contracts
today are not available for a 25­year
horizon,  and  going  for  long­term
contracts risks the build­up of more
uncertainty  in  the  pricing  which
impacts the final cost of electricity. 
It would be  reasonable  to  link
market and benchmark, with least
volatile sources like Henry Hub. 
Gas infrastructure is  available
and underutilised. It would be en­
couraging if regulatory and policy
utilisation of this infrastructure.
Gas­based  hybrid  power  plants
may  just  be  an  apt  technological
solution  to  aid  and  accelerate  In­
dia’s  renewable  energy  transition.
These  two  seemingly  dissimilar
technologies may just have in them
the  most  complementing  charac­
teristics which can continue to sup­
port the grid in its operations while
continuing  to  significantly  decar­
bonise the sector and provide elec­
tricity at an affordable price.
The writer is CEO, GE Gas Power South Asia

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.

Regrettable repeal political  short­sightedness  is  that their risk­management skills with need for humongous lending sup­ nutrition for the less affluent child

This refers to ‘Repeal of farm laws the Opposition is now insisting on tighter  prudential  limits.  Part­ port,  if  the  credit  guarantee population  can  be  daunting  due
will hurt farmers’ (November 30). legal  guarantee  for  MSP  also, funding in the form of equity may scheme  is  effectively  implemen­ to  its  very  scale.  As  would  their
It is worth analysing why the well­ though they are aware it will bene­ also be necessary. ted  and  the  claims  of  banks  are primary and secondary education. 
intended  farm  laws  had  to  be  re­ fit only the rich farmers.  M Raghuraman settled  hassle­free,  it  would  be  a R Narayanan
pealed.  The  government  showed YG Chouksey Mumbai great  impetus  to  commercial Navi Mumbai
undue  hurry  in  passing  them  in Pune banks to extend a helping hand to
Parliament. The Parliament as the Diversifying risk these small entities. Positive change
legislative  body  was  the  right Funding start-ups No doubt the interest of bank de­ Sitaram Popuri The population seems to have sta­
forum to deliberate at length and This has reference to ‘Don’t saddle positors  is  supreme,  but  modern Bengaluru bilised  and  any  further  decline
gain  willing  endorsement  from banks  with  start­up  finance’ banking  is  tilting  more  towards will  affect  the  replacement  rate.
people’s representatives.  (November 30). The new economy risk diversification among its vari­ Favourable demographics The sex ratio seems too good to be
When  the  Opposition  parties,  a firms  are  part  of  the  system  and ous buckets of lending. Even com­ Apropos  ‘Demographic  water­ true,  with  women  outnumbering
section of the media and agitating need  to  be  encouraged  to  create mercial banks are taking exposure shed’ (November 30), the news on men probably for the first time. All
farmers’  leaders  became  vocifer­ entrepreneurship  and  employ­ to  long  term  financing  in  infra­ favourable  age  and  sex  ratios  is the bans on sonography centres to
ous in criticising the laws, the gov­ ment opportunities. Banks have a structure  and  project  finance heartening. The fertility rate is flat­ predict the sex of the unborn child
ernment  underestimated  their social  responsibility  to  support areas.  tening  and  is  likely  to  start  dip­ also seems to have worked. 
political  fallout  and  failed  to  de­ them.  Of  course,  they  have  differ­ To mitigate the risks involved in ping soon.  Probably  the  fact  that  women
vise a convincing communication ent business models and risks are lending to start­ups where the suc­ This trend may limit our demo­ are  no  longer  looked  down  as  a
strategy  to  meet  the  misleading higher, but as far as predictability cess  rate  is  unpredictable,  the graphic edge to 20­25 years more. burden is the biggest cause of the
campaign against the laws.  is  concerned  even  farm  finance credit exposure to these entities is As  the  average  longevity  too  is sex ratio seeing a big change. The
And  the  Opposition  parties  in­ has similar uncertainty. restricted  with  a  maximum  cap, growing,  care  and  sustenance  of downside  in  health  can  be  ex­
cluding  those  which  supported The  credit  appraisal  of  start­up besides  added  cover  provided  in the elderly must reset our social al­ plained  by  the  lockdown  which
such farm reforms in their public ventures  need  to  be  done  differ­ the  form  of  credit  guarantee locations.  Retirement  age  may cut down physical activity drastic­
utterances changed their stance to ently  with  long­term  financing scheme of the government in case need  to  be  raised  and  safety  nets ally. 
fish in troubled waters.  and  more  of  promoters’  skin  in of loan defaults.  reviewed. Anthony Henriques
The  present  outcome  of  this the  game.  Banks  should  improve Taking  into  the  account  the Food  security,  addressing  mal­ Mumbai

Published by N. Ravi at Kasturi Buildings, 859 & 860, Anna Salai, Chennai-600002 and Printed by N. Vaidyanathan at Dangat Media Pvt Ltd, No. 22, Dighe MIDC, Vishnu Nagar, TTC Industrial Area, Dighe, Navi Mumbai-400701 on behalf of THG PUBLISHING PVT LTD., Chennai-600002. Editor: Raghuvir Srinivasan (Editor responsible for selection of news under the PRB Act). ISSN 0971 - 7528

CM . ..... .... ...BM-BME

YK
MUMBAI

BusinessLine
WEDNESDAY • DECEMBER 1 • 2021 THINK 5

RCap — a cautionary tale

RBI is right in not letting big business into banking
Banning cryptos will hurt innovation
The government can learn lessons from developed nations and move towards effective regulation
ANDY MUKHERJEE Not that the resolution of Reliance Capital
is going to be a cakewalk. With nearly $9 bil­ the income from cryptos is treated as a

I
NISCHAL SHETTY
n  a  surprise  announcement  Monday lion  in  assets,  according  to  the  financier’s ‘miscellaneous  income’  and  taxed  ac­

evening,  the  central  bank  said  that  it
had superseded the board of a financier
controlled  by  Anil  Ambani,  appointed
an  administrator,  and  would  soon  be  send­
ing the firm to the bankruptcy tribunal.
The  unravelling  of  Reliance  Capital  Ltd.
shows  why  the  Reserve  Bank  of  India  re­
mains reluctant to allow big business groups
into  mom­and­pop  banking,  despite  facing
huge pressure to allow a wave of corporate
capital into the industry and reignite credit
growth. The financiers’ potential to do harm
is  lethal  even  without  access  to  insured
deposits.
Anil  Ambani’s  misery  couldn’t  be  more
real,  though.  Creditors,  including  the  gov­
ernment, are scrambling to recover the ₹758
billion ($10 billion) owed to them by his Reli­
ance Communications Ltd, which shuttered
its  mobile  service  four  years  ago.  Last  year,
the  62­year­old  former  billionaire  was
ordered  by  a  London  judge  to
pay more than $700 million to a
trio  of  Chinese  banks  that  had
lent  money  to  RCom  against
personal guarantees by Ambani.
Reliance  Naval  &  Engineering
Ltd.,  which  had  a  contract  to
build  patrolling  vessels  for  the
Indian  Navy,  is  also  in  insolv­
ency. Creditors are looking at 80­
90 per cent haircuts, Bloomber­
gQuint reported in September.
Now that Reliance Capital joins his other
group  businesses  in  the  bankruptcy
slaughterhouse,  investors  will  get  a  clearer
assessment  of  why  their  firm,  which  was
once  worth  more  than  $3  billion,  is  most
likely headed for a complete wipeout of the
$64 million in shareholder value that still re­
mains.  The  “serious  governance  concerns,”
which  the  Reserve  Bank  of  India  says  the
board  failed  to  address  effectively,  need  to
come  out  in  the  open.  That  won’t  improve
the outcome for Reliance Capital sharehold­
ers,  but  it  will  hopefully  prevent  similar
blow­ups in the future.
It will also inform the debate on whether
large  business  houses  can  be  trusted  with
banking licenses. “It has always been our am­
bition to create a world­class bank,” Anil Am­
bani  said  at  the  annual  general  meeting  of
Reliance Capital back in 2010. Luckily, those
ambitions  never  received  regulatory  bless­
ings. Otherwise, the RBI today might be grap­
pling with the far messier task of making in­
dividual depositors whole.
latest annual report, meeting a $2.9 billion li­
ability  to  creditors  at  the  end  of  October
shouldn’t have been this hard. But for more
than two years now, various orders by courts
and debt recovery tribunals have prevented
the company from disposing off assets. Cred­
itors who tried to sell units got many expres­
sions of interest. Still, no deal could fructify
because of layers of litigation, as reported in
sections of the media.
Reliance Capital joins a long list of Indian
shadow  banks  that  have  keeled  over  since
the sudden collapse of infrastructure finan­
cier IL&FS Group in September 2018. Dewan
Housing  Finance  Corp.  got  sold  to  Ajay
Piramal. Srei Infrastructure Finance Ltd. and
Srei Equipment Finance Ltd. were taken over
by the RBI last month and are going to be put
through the bankruptcy tribunal.
Shotgun weddings
Formal  bankruptcy  isn’t  an  op­
tion for failed deposit­taking in­
stitutions,  which  are  being  re­
solved  through  shotgun
marriages.  State  Bank  of  India
was  prevailed  upon  to  do  na­
tional  service  by  rescuing  YES
Bank  Ltd.  While  the  major  cor­
porate lender continues to exist
independently,  much  smaller
Lakshmi  Vilas  Bank  Ltd.  was  al­
lowed to die, with its depositors
bailed  out  by  Singapore’s  DBS  Group  Hold­
ings Ltd. The scam­tainted PMC Co­operative
Bank got swallowed up by a fintech­financier
consortium,  though  some  of  its  depositors
will get their money only in 10 years.
The RBI has done well not to succumb to
the temptation of opening the floodgates of
banking to large industrial houses, as recom­
mended  last  year  by  an  internal  working
group.  It  will  take  far  greater  supervisory
skills than the Indian regulator can muster
to  keep  on  top  of  “connected  lending”
between  banks  and  non­bank  business  in­
terests  of  controlling  shareholders,  espe­
cially if they happen to be politically influen­
tial. Reliance  Capital’s  unpaid  creditors  are
debenture holders. Had Ambani received the
go­ahead to set up his world­class bank, they
would  have  been  savings  and  current  ac­
count  customers.  How  many  small  savers
can the RBI ask to wait for a decade for their
money’s  return  before  they  lose  all  faith  in
the  Indian  banking  system  —  and  jump  for
Bitcoin and Tether?  BLOOMBERG
L
ast  week,  the  government  re­
leased a list of 26 Bills, includ­
ing the much­awaited crypto­
currency  Bill,  to  be  tabled  in
the upcoming winter session of Parlia­
ment. Post the release, there have been
widespread speculations of an immin­
ent crypto ban in the Indian crypto cir­
cuits and trading circles.  stakeholders in the crypto industry?
The  crypto  industry’s  wait  towards
the  much­anticipated  parliamentary
discussion on the crypto Bill is getting
more anxious with speculations of an
imminent  crypto  ban  circulating  the
crypto circuits and an atmosphere of
fear  and  uncertainty  looming  in  the
markets.  significant  cryptocurrencies  like  Bit­
Finance  Minister  Nirmala  Sithara­
man issued a statement that there was
no proposal to accept Bitcoin as a cur­
rency.  The  current  description  of  The
Cryptocurrency and Regulation of Of­
ficial Digital Currency Bill 2021 seems
to be getting ready to ban all but a few
cryptocurrencies  to  promote  block­
chain  technology  and  bring  forth  In­
dia’s official digital currency.  ent in other nations, exchanges could
Considering  cryptos  as  a  mere
mode of exchange shows a lack of un­
derstanding of the technology. Coun­
tries like Korea and Japan have recog­
nised cryptos in view of other aspects
of  technology.  Cryptos  can  be  classi­
fied  into  several  broad  categories,
store  of  value  being  one  of  them.  In­
dustry experts, in their recommenda­
tion  to  the  Parliamentary  standing
committee  on  November  16,  told  the
government  that  the  technology  is
here to stay and the best way forward
would  be  to  regulate  them  and  par­
take in the disruptive innovation over­
taking the globe.  bility.  threat  of  a  blanket  ban,  the  industry
Earlier, too, there have been several
positive  developments  including  the
official  government­stakeholder
meet­ups  with  the  government  talk­
ing of a ‘calibrated approach’ towards
cryptos,  an  inter­ministerial  commit­
tee set up for investigations, RBI’s de­
tailed  report  about  upcoming  CBDC
trials in December to name some. The
highlight  of  these  events  was  the
November  13  meeting  chaired  by  the
Prime  Minister  himself,  which  could
prove to be a landmark in the turn of
events  towards  favourable  and  for­
The crypto industry players are eagerly awaiting the Parliamentary debate
ward­looking crypto regulations.
Industry  juggernauts,  still,  are  op­
timistic  that  the  current  Bill  would
talk of legislation for reining in cryp­
tos  rather  than  pushing  for  a  ban,
given the massive surge in crypto ad­
option  and  investment  worth  hun­
dreds of crores of rupees being driven
into the crypto economy by the 15 mil­
lion Indian crypto investors lately. The
broad  consensus  opinion  talks  in  fa­
vour  of  regulations  seeking  investor
interest,  illicit  financing,  capital  con­
trols,  and  the  foremost,  financial  sta­
Moving underground
Experts feel that the speculated crypto
ban  if  imposed  could  defeat  its  pur­
pose as it would cause investors — big
or small — to move underground and
obtain cryptos and trade in them illeg­
ally. Moreover, the P2P transactions do
not  fall  under  any  legal  ambit  and
hence,  decentralised  exchanges
would continue to thrive regardless of
the  ban.  Banning  cryptos  would  not
only  prove  a  technological  challenge
for  the  government  but  also  mean
REUTERS
huge capital funds moving out of the
country.  dissuade  money  laundering  and  ter­
BACC (Blockchain and Crypto Assets
Council) released a statement reiterat­
ing  the  futility  of  the  ban,  “Blanket
ban  on  cryptocurrencies  will  encour­
age non­state players, thereby leading
to  more  unlawful  usage  of  such  cur­
rencies.”  in line with them. FATF recommenda­
Can India that has ever been at the
forefront  of  changing  digital  land­
scape  afford  to  miss  the  trillions  of
dollars  worth  of  global  opportunity?
The industry doesn’t feel so. From the
has  witnessed  several  positive  devel­
opments, the crypto awareness in the
country  is  rising,  and  a  full­fledged
statutory Bill is underway.  duct  extensive  research  into  the  im­
Unlike  China,  no  democratic  coun­
try can afford to ban cryptocurrencies
including  India.  Developed  nations
like  the  US,  the  UK,  Japan,  Australia,
etc.,  have  regulations  and  require  ex­
changes to obtain a license before pro­
curing business in the crypto markets.
The US SEC considers cryptos as secur­
ities for tax purposes, while Japan re­
cognises  them  as  legal  assets,  while
cordingly.  India  can  learn  a  lesson  or
two from these nations. 
The alternatives
Setting  the  implications  aside,  what
can be the possible alternative course
that  the  government  can  take  while
keeping  in  mind  the  interests  of  the
For  the  first  step,  the  government
needs  to  define  the  scope  and  mean­
ing of the term ‘private cryptocurren­
cies.’ If the definition concerns owner­
ship  rights  or  anonymity  of
transactions  —  almost  all  the  crypto­
currencies  would  be  private  except
coin  and  Ethereum  that  the  miners
collectively  own.  The  next  obvious
step  would  be  to  classify  the  crypto­
currencies  depending  on  their  use
case, specifically. Not all cryptocurren­
cies  are  stores  of  value  like  Bitcoin;
some are utility tokens like Ethereum,
Cardano, etc. 
Similar to the crypto norms preval­
be asked to procure a license and fol­
low stringent KYC/AML procedures to
ror financing activities. 
The latest FATF guidelines for monit­
oring  and  regulating  virtual  assets
and  virtual  asset  service  providers
were  released  last  month,  and  India
will likely align its crypto regulations
tions  make  monitoring  crypto  the
sole obligation of the governments. 
The current draft of the crypto regu­
lation Bill is not the final verdict. The
Bill  will  be  up  for  debate  and  discus­
sion  in  Parliament  soon.  The  bright
side is — the government has taken the
initiative  to  learn  the  stance  of  the
stakeholders  in  the  country  and  con­
plications of adopting a CBDC system
alongside cryptocurrencies. 
On  the  other  side  of  the  equation,
there  is  an  air  of  optimism  in  the
crypto industry that the stream of dis­
cussions about to happen could prove
to be the primer towards the web 3.0
revolution in India. 
The writer is Founder, WazirX

SHORT TAKE
BusinessLine
Karnataka govt TWENTY YEARS AGO TODAY
must be a ‘sport’ December 1, 2001
BIREN GHOSE Naxals strike at more AP cos
Naxalites unleashed attacks on several corporate entities in

B engaluru  has  been  a  front

runner  in  the  development
and growth of gaming industry.
The Karnataka High Court is set
to hear a clutch of petitions chal­
lenging the State Government’s
decision  to  ban  all  online  gam­
ing  where  cash  prizes  are  in­
volved. The  ban  has  forced  on­
line gaming platforms to restrict
access to paid contestants across
all players in Karnataka. Follow­
ing  an  FIR  against  its  founders,
the well­known fantasy gaming
app Dream 11 had to follow suit.
Similar  laws  have  been  en­
acted in other States and the re­
spective  courts  have  repeatedly
struck  them  down,  including
Tamil Nadu and Kerala.  Shoppers for Enron's Dabhol Power Company, it appears, are
Bengaluru  hosts  many  gam­
ing  companies  providing  em­
ployment. Gaming also supports
an ecosystem of other industries
such as animation, design, game
development,  VFX  &  graphics,
and  audio­visual  content  cre­
ation  in  several  genres.  These
companies are potentially mov­
ing out of the State to continue
their business. 
A recent  survey  showed  that
80  per  cent  of  the  respondents
believed the image of Bengaluru
as a startup hub would take a hit
because of this ban. 
Karnataka  gamers  will  also
lose out on the chance to win re­
wards for their gaming skills by
participating  in  paid  online
gaming  contests  and  tourna­
ments. 
If Indian game developers and
studios can flourish through an
enabling  regulatory  atmo­
sphere,  we  could  very  well
dream of the day when a game
‘Made in India’ will feature at the
Asiad, or Olympics!  25. Apart, not participating (5)  20. Speed for playing music (5)  16. Plumb weight of the
The  gaming  studios  in
Karnataka, which have over the
years made games enjoyed by In­
dians and global gamers, are los­
ing  brand  salience  and  would
lose massive revenues as a result
of this ban.  21. Seeming use of part neap
The  policymakers  should
factor in the investment and em­
ployment  potential  when  they
decide  on  the  future  of  the  in­
dustry .
The writer is Vice-Chairman - CII
National Media & Entertainment
Committee. Views expressed are
personal
Andhra Pradesh over the past 24 hours, blasting facilities
belonging to Tata Coffee, Gopikrishna Granites and Heritage
Foods. In a series of targeted attacks, suspected naxalites
belonging to the outlawed People's War Group (PWG) blew up
the chilling plant of Heritage Foods located in Pileru in
Chittoor district late on Thursday night. A crack naxalite
dalam reportedly carried out the attack on the
milk­processing unit owned by Ms Bhuvaneswari, the Chief
Minister, Mr N. Chandrababu Naidu's wife.
Fiscal sops to DPC under scanner
The Finance Ministry is reviewing the fiscal concessions
proposed for making the Dabhol power project viable in view
of the recent turn of events, marked by the parent company
Enron being pushed to the brink of bankruptcy. It is being
argued that in the present scenario, the discount acceptable
to Enron now for the equity sell­off will be higher. To that
extent the Centre's concessions can be reduced, officials here
reckon.
'Distress sale' of Dabhol on cards
waiting to see whether a 'clearance sale' board appears in the
window. Currently there are three prospective buyers for DPC,
including BSES and Tata Power. Many Enron watchers are
convinced that a distress sale is in the offing. A senior official
of the Maharashtra State Electricity Board, part owner and
sole customer of the 2184 MW power project, said "it is clear
that it would be a distress sale." Mr R.V. Shahi, Chairman, BSES,
said, "The developments in the US have only complicated
matters further. We will have to wait for clarity."
easy bl two-way crossword 2011 not so easy
ACROSS DOWN ACROSS DOWN
01. Floor­ covering (6)  02. With full force (5)  01. Give one a dressing­down 02. How violently one will get a man
08. Prepare as athlete (5)  03. Is a forerunner (8)  at Axminster? (6)  out (5) 
09. Expressed in few words (7)  04. Excursion (4)  08. Prepare for it to be run on 03. Those involved in early stages if
11. The common people (8)  05. Walk in a swaggering way (5)  the right lines (5)  one's ripe for development (8) 
12. Arrive at as logical 06. Festivity, sporting occasion 09. Sententiously brief, it can 04. Lose one's footing on the journey
conclusion (5)  (4)  coil around (7)  (4) 
15. Look threatening, sullen (4)  07. As soon as (4)  11. The people who couple Pa 05. Some support for a cocky sort of
16. Brief curtsey (3)  10. Element, part (9)  with commotion (8)  walk (5) 
17. Unconstrained (4)  12. Off­handedly (4)  12. Take it from what's said it 06. Festive occasion for Georgia and
wouldn't go foreign (5)  Los Angeles (4) 
19. Erica (5)  13. A setting­back (8) 
21. Conspicuous (8)  14. Ancient traditional story (4)  15. Look sullen in colouring 07. At one time was it not repeated? (4) 
24. A couple (7)  18. Be carried by the tide (5)  (4)  10. A part for a politician not once
removed (9) 
26. Liquid measure (6)  21. Of a grandparent (4)  old­fashioned 5p piece (3)  12. After a loss daily is edited in a
22. Push with finger (4)  17. Comfortable, though nonchalant way (4) 
23. Small shoot, branch (4) seasick on yacht at first 13. Annulment of French poetry in real
(4)  situation (8) 
19. One­time premier barren 14. Legendary story may lose heart, this
country (5)  being halved (4) 
18. Sense of argument will go the way
SOLUTION: BL Two-way Crossword 2010 can play (8)  current takes it (5) 
24. The couple most woe 20. It's time for me to start playing
ACROSS 1. Restoration 8. Railings 9..Else 10. Testy 13. So­so 16. Lair comes to (7)  perhaps (5) 
17. Slur 18. Arts 20. Fetch 24. Echo 25. Prie­dieu 26. Threatening 25. Without participation a 21. Make use of one loss of a
DOWN 2. Evil 3. Trite 4. Right 5. Ideas 6. Promulgated  silly fellow may make a grandparent (4) 
7. Resourceful 11. Scoff 12. Yeast 14. Oily 15. Kilt 19. Scour 21. Egret  comeback (5)  22. Jab it right inside the protective
22. Clean 23. Lion 26. Some liquid bitterness housing (4) 
there's no comeback for 23. Cotton on to what comes between
(6)  branch and leaf (4)

CM .. .... .. . ...BM-BME
YK
 MUMBAI

6 MARKET RADAR For BSE/NSE live quotes, scan 

the QR code or click the link 
https://bit.ly/2FpossK WEDNESDAY • DECEMBER 1 • 2021
BusinessLine 

QUICKLY
Go Fashion makes colourful listing Simplilearn completes ESOP
buyback worth ₹49 crore
Stock ends Day 1  cent stake in Go Colours in 2018.

Edelweiss Fin plans to raise ₹500 cr
Mumbai, November 30
Edelweiss Financial Services Ltd (EFSL) has decided
to raise up to ₹500 crore via public issue of secured,
redeemable, non­convertible debentures of face
value ₹1,000 each. The base size of the public issue
is up to ₹200 crore with an option to retain
over­subscription up to ₹300 crore. The issue is
within the shelf limit of ₹1,000 crore. Minimum
subscription amount is ₹10,000 (10 NCDs) across all
10 series of NCDs. Investment thereafter will be in
multiples of ₹1,000 (one NCD). Depending on the
tenor, the effective yield per annum ranges from
8.75 per cent to 9.70 per cent, as per EFSL’s
exchange filing. The NCDs are proposed to be listed
on the BSE. The stock of Edelweiss Financial closed
at 3 per cent lower at ₹66.65 on the BSE. OUR BUREAU
81% higher at
₹1,252.60 on the BSE
OUR BUREAU
Mumbai, November 30
Go  Fashion,  which  owns  wo­
men’s  wear  brand  Go  Colors
made  a  bumper  debut  on  the
bourses  on  Tuesday,  listing  at
over  90  per  cent  premium  over
its issue price of ₹690.
The  shares  listed  at  ₹1,316  on
the BSE, up ₹626 or 90.72 per cent
from  the  issue  price.  It  climbed
further  to  an  intraday  high  of
₹1,341  post  listing  and  a  low  of
₹1,144.15. It closed at ₹1,252.60, re­
cording gains of ₹562.60 a piece
or an 81.54 per cent over the issue
price.  On  the  NSE,  it  listed  at
₹1,310, and closed at ₹1,250.30.
The company had a market cap
of  ₹6,765.17  crore  at  closing,  as
per BSE data.  general  corporate  purposes,  the
The  public  issue  of  the  com­
pany  comprises  a  fresh  issue  of
The IPO was subscribed 135.44 Buyback was part  logy,  and  marketing  roles,
times.  among  others.  The  hiring  is  be­
Santosh  Meena,  Head  of  Re­ of the investment  ing carried out across both India
search,  Swastika  Investmart  Ltd, by Blackstone  and  US  markets.  It  includes  the
said,  “Go  Colors  has  a  sturdy recent  addition  of  Deborah
brand value with fluctuating rev­ earlier this year Quazzo  to  the  company’s  board
enues while the company moved of  directors  and  the  appoint­
into  losses  in  FY21.  However,  as VENKATESHA BABU  ment of Saurabh Arya as the Vice
the number of working women is Bengaluru, November 30  President.
increasing  along  with  the Edtech  start­up  Simplilearn  has
evolving  fashion  trends  it  is  ex­ completed  its  employee  stock International markets
pected  that  the  company  can option  plan  (ESOP)  buyback The company claims to be deriv­
have  a  strong  growth worth  ₹48.74  crore at  the  com­ ing over 60 per cent of business
momentum.” pany valuation of $350 million. from international markets. 
Vinod Nair, Head of Research at The  buyback  was  undertaken “Having  launched  our  ESOPs
Hari K., Chief Business Officer, NSE (left) presenting a special memento to
Prakash Kumar Saraogi, MD (Centre) and Gautam Saraogi, ED and CEO at Geojit Financial Services said: “We as  part  of  the  investment  by plan  in  2012,  this  was  an  ideal
the listing ceremony of Go Fashion (India) at the NSE on Tuesday like  Go  Fashion  (India)  Ltd  con­ Blackstone earlier this year.  time  to  offer  liquidity  on  the
sidering, being the first company Krishna  Kumar,  Co­Founder same.  For  many  of  our  employ­
shares  worth  ₹125  crore  and  an ICICI Venture’s partial exit to launch exclusive brand dedic­ and Chief Executive Officer, Sim­ ees,  this  was  the first  opportun­
offer­for­sale  worth  ₹890  crore. ICICI  Venture,  the  alternative  as­ ated to women’s bottom wear, in­ plilearn, told BusinessLine, about ity  in  their  professional  lives  to
The proceeds will be used to fund set  arm  of  ICICI  Bank,  has  par­ vestment in digital & omnichan­ 65 per cent of eligible employees own or liquidate ESOPs. With en­
the roll­out of 120 new exclusive tially exited its ₹100 crore invest­ nel  engagement,  focus  on liquidated  their  options  in  the terprise  and  university  partner­
brand  outlets,  to  support  work­ ment  in  Go  Fashion  at  internal E­retail,  distributive  growth buyback.  ships in the pipeline, in both In­
ing  capital  requirements  and rate of return of 51 per cent. The strategy  to  tap  customers  from Overall,  the  company  has  a dia  and  globally,  we  foresee  a
fourth private equity fund ­­ India Tier I to Tier III cities and expan­ team of 2,000 people and is hir­ significant  boost  in  Sim­
company had said in a draft IPO Advantage Fund Series 4 – of ICICI sions  plans  for  existing  and ing  150­200  employees  every plilearn’s  business,”  Kumar
paper.  Venture  had  acquired  13.5  per newer geographies.” month  across  product,  techno­ added.

SEBI to auction realty firm’s properties 
New Delhi, November 30
Capital markets regulator SEBI on Tuesday said it
will auction four properties of Ravi Kiran Realty
India and its promoters on December 16 to recover
investors’ money. These properties, located in
West Bengal, will be auctioned at a reserve price
totalling ₹3.22 crore, it said in a notice inviting bids
for the sale of these properties. The auction will be
conducted online and intended bidders were
asked to make their own independent enquiries
regarding the measurement, nature, type,
classifications, encumbrances, litigations,
attachments and liabilities of the properties.. PTI
US stocks slip amid vaccine fears
November 30
US stocks opened sharply lower on Tuesday
after a warning from vaccine maker Moderna's
chief executive on the effectiveness of
Covid­19 shots against the Omicron variant
hammered travel, energy and banking shares.
The Dow Jones Industrial Average fell 78.95
points,or 0.22 per cent, at the open to
35,056.99. The S&P 500 opened lower by 15.02
points, or 0.32 per cent ,at 4,640.25. The
Nasdaq Composite dropped 66.34 points,or
0.42 per cent, to 15,716.50.  REUTERS
Surrendering all gains, Sensex ends
195 points lower, Nifty slips below 17K Axis Bank in ‘defaulter’ Karvy case
OUR BUREAU
Mumbai, November 30
Benchmark  indices  ended  lower
amid volatility on Tuesday. Market
opened  on  a  positive  note  but
turned  volatile  in  the  afternoon
session.  Indices  erased  all  early
gains to end lower, with counters
such  as  metals,  financials  and
auto  witnessing  selling  pressure
during closing hours.
The  BSE  Sensex  closed  at
57,064.87,  down  195.71  points  or
0.34 per cent. It recorded an intra­
day high of 58,183.77 and a low of
56,867.51.  The  Nifty  50  closed  at
16,983.20,  down  70.75  points  or
0.41  per  cent.  Amid  uncertainty,
the  volatility  index  rose  1.62  per
cent to 21.17.
Breadth turns positive
The market breadth turned posit­
ive even as the benchmark indices
closed in the red with 1,778 stocks
advancing on the BSE, against the
Tribunal quashes NSE’s directive to
1,471 that declined. The increasing
spread  of  the  new  Omicron  vari­
ant of the coronavirus continues
to be a concern for investors. 
Naveen  Kulkarni,  Chief  Invest­ Bourse had directed from  the  membership  of  the and cannot include all the assets of
ment Officer, Axis Securities, said, bourse.  Axis  Bank  challenged  the Karvy,  the  defaulter.  Only  such  se­
“An  increase  in  the  new  variant shifting of Karvy a/cs to communication  on  the  ground curity deposited with the stock ex­
that the exchange has no power to change  vests  with  the  defaulters
cases will be a short­term negative defaulter committee
for  the  equity  market.  Currently, issue any directions to the bank to committee.
freeze  its  accounts  on  which  the
VIX trading around 21 levels signi­
lender  has  a  banker’s  lien.  It  also Can’t direct 3rd party: SAT
fies  an  increase  in  cautiousness. PRESS TRUST OF INDIA
contended that Axis Bank is a com­ In addition, other monies, securit­
Volatility is likely to continue for New Delhi, November 30 
In a relief to Axis Bank, the Securit­ mercial  bank  and  not  a  trading ies and other assets due, payable or
some more time.”
ies  Appellate  Tribunal  (SAT)  has member  and  there­ deliverable  to  the  de­
Moderna  Chief  Stephane
Bancel’s  comments  that  the  vac­ quashed a direction issued by NSE fore  is  not  bound  by faulter by any other trad­
cine may be less effective against that  funds  lying  in  the  bank  ac­ SEBI  laws,  including ing  member  also  vest
the  Omicron  variant,  as  com­ count  of  Karvy  Stock  Broking  are the bye laws of the Na­ with  the  defaulters  com­
pared to the Delta variant, set off the  assets  of  the  exchange’s  de­ tional Stock Exchange mittee, it added. “The bye
alarm bells globally. faulter committee.  of India Ltd (NSE).  law 12 makes it apparently
On the sectoral front, consumer “We  are  of  the  opinion  that  re­ clear  that  a  defaulter  committee
durables,  IT  and  realty  indices ‘Not bound by SEBI law’ spondent  no.1  (NSE)  had  no  juris­ can  only  issue  directions  against
gained  focus  while  metals,  auto The  order  came  after  Axis  Bank diction to hold that the funds lying the trading member and cannot is­
and financials dragged. challenged the communication is­ in the account of Karvy Stock Brok­ sue  any  direction  to  a  third  party,
Nifty Midcap 50 was up 0.12 per sued on December 8, 2020, by NSE ing Ltd are assets of the committee namely,  the  appellant  (Axis  Bank)
cent while Nifty Smallcap 50 was holding that the bank accounts of as per...NSE bye laws,” SAT said in an who  admittedly  is  not  a  trading
up 1.34 per cent. The S&P BSE Mid­ Karvy become the assets of the de­ order on Monday. member,” SAT noted. 
cap was up 0.29 per cent while the faulter committee of the exchange Citing NSE bye laws, the tribunal It further said NSE does not get
S&P BSE Smallcap was up 1.45 per since the stock broker has been de­ said the vesting of the assets in the any jurisdiction to pass such order
cent. clared  a  defaulter  and  expelled defaulters  committee  is  limited based on SEBI’s confirmatory order. 

Anand Rathi Wealth’s TODAY’S PICK THE  TOP  100

Company Prev Close Open High Low Qty 52  W  High 52  W  Low PE BSE  Close
Nifty 50 Movers
Close(₹) Pts
H 70.75 pts.
PE Wt(%)

₹660­crore IPO  IFB Industries (₹1,138.05): SELL

opens on December 2
OUR BUREAU
Mumbai, November 30
Anand  Rathi  Wealth,  a  leading  non­bank
wealth  solutions  firm,  plans  to  raise  about
₹660  crore  through  an  initial  public  offer.
The issue will open for subscription between
Thursday and Monday (December 2­6).
The  price  band  for  the  offer  has  been  de­
termined at ₹530–550 a share. The issue will
open for anchor investor on Wednesday.
GURUMURTHY K
BL Research Bureau
The  stock  of  IFB  Industries  is
indicating  a  top  in  place.  The
stock is down over 9 per cent
so  far  this  week.  This  has
dragged  the  stock  well  below
key  support  levels  of  ₹1,200
and  ₹1,175.  The  upside  is  now
likely to be capped at ₹1,200 as
intermediate  rallies  to  these
stop­loss  at  ₹1,235.  Trail  the
stop­loss  down  to  ₹1,120  as
soon  as  the  stock  falls  to
₹1,080. Move the stop­loss fur­
ther lower to ₹1,070 when the
stock  touches  ₹1,040.  Book
profits  at  ₹1,010.  The  bearish
outlook  will  get  negated  only
if  the  stock  breaks  above
₹1,200 decisively. In that case,
the  stock  can  move  back  to
AbbottIndia . . . . . . . . . . . . . . . . . . . .. . . . 19157.95. . . . 19087.25. . . . 19299.00. . . . 19374.90. . . . 19010.10. . . . . . . 10.60. . . . 23902.30. . . . 13970.10. . . . . 56 . . . . 19100.10 
ACC . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 2289.60. . . . . 2286.40. . . . . 2283.15. . . . . 2322.95. . . . . 2269.85. . . . . . 415.13. . . . . 2587.95. . . . . 1490.00. . . . . 20 . . . . . 2288.05 
Infosys . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1712.65. . . . . . . . 13.93. . . . . . . . . 34.88 . . . . . . . . 8.62
TCS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 3529.15. . . . . . . . . . 6.48. . . . . . . . . 35.58 . . . . . . . . 4.96
Bajaj Finance . . . . . . . . . . . . . . . . . . . . . . .. . 6997.25. . . . . . . . . . 5.60. . . . . . . . . 84.88 . . . . . . . . 2.52
Adani  Ent [1] . . . . . . . . . . . . . . . . . . .. . . . . 1665.05. . . . . 1662.85. . . . . 1668.00. . . . . 1718.65. . . . . 1648.15. . . . . 2952.37. . . . . 1788.00. . . . . . 394.85. . . . 199 . . . . . 1661.00  PowerGrid Corp . . . . . . . . . . . . . . . . . . .. . . . 206.75. . . . . . . . . . 5.12. . . . . . . . . . . 8.86 . . . . . . . . 0.96
Adani  Ports  [2] . . . . . . . . . . . . . . . .. . . . . . 702.60. . . . . . 683.85. . . . . . 704.00. . . . . . 712.65. . . . . . 679.70. . . . . 6190.73. . . . . . 901.00. . . . . . 411.75. . . . . 90 . . . . . . 684.25 
AdaniTranmsn. . . . . . . . . . . . . . . . . .. . . . . 1894.20. . . . . 1799.50. . . . . 1802.00. . . . . 1865.50. . . . . 1799.50. . . . . . 966.32. . . . . 2030.00. . . . . . 372.00. . . . . ­ . . . . . 1807.75 
Titan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2375.50. . . . . . . . . . 4.93. . . . . . . 120.03 . . . . . . . . 1.35
Bajaj Finserv . . . . . . . . . . . . . . . . . . . . . . . . 17237.35. . . . . . . . . . 4.84. . . . . . . . . 37.80 . . . . . . . . 1.41
AlkemLabs [2] . . . . . . . . . . . . . . . . . .. . . . . 3506.70. . . . . 3593.45. . . . . 3504.00. . . . . 3605.00. . . . . 3481.10. . . . . . 222.26. . . . . 4067.70. . . . . 2544.25. . . . . 24 . . . . . 3591.30  Axis Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 655.65. . . . . . . . . . 2.70. . . . . . . . . 19.95 . . . . . . . . 2.29
AmbujaCement [2]. . . . . . . . . . . . . .. . . . . . 369.15. . . . . . 374.60. . . . . . 370.00. . . . . . 378.10. . . . . . 367.00. . . . . 4809.54. . . . . . 442.95. . . . . . 225.90. . . . . 32 . . . . . . 374.35  SBI Life . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1160.55. . . . . . . . . . 2.47. . . . . . . . . 93.99 . . . . . . . . 0.69
Apollo  Hsp [5]. . . . . . . . . . . . . . . . . .. . . . . 5727.50. . . . . 5687.75. . . . . 5755.00. . . . . 5829.95. . . . . 5629.60. . . . . 1352.75. . . . . 5930.70. . . . . 2252.65. . . . 144 . . . . . 5692.65  Wipro . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 637.25. . . . . . . . . . 2.27. . . . . . . . . 28.74 . . . . . . . . 1.28
TataConsumerProducts Ltd.. . . . 778.60. . . . . . . . . . 1.74. . . . . . . . . 89.94 . . . . . . . . 0.63
Asian  Paints [1] . . . . . . . . . . . . . . . .. . . . . 3144.30. . . . . 3143.65. . . . . 3116.15. . . . . 3189.00. . . . . 3116.15. . . . . 2340.49. . . . . 3504.05. . . . . 2206.85. . . . . 94 . . . . . 3144.40 
Shree Cement. . . . . . . . . . . . . . . . . . . . . . 26102.25. . . . . . . . . . 1.65. . . . . . . . . 35.86 . . . . . . . . 0.47
AurobindoPh [1] . . . . . . . . . . . . . . . .. . . . . . 654.90. . . . . . 660.25. . . . . . 653.00. . . . . . 672.25. . . . . . 648.60. . . . . 2793.79. . . . . 1063.75. . . . . . 620.55. . . . . 19 . . . . . . 659.55 
AvenuSupmart . . . . . . . . . . . . . . . . .. . . . . 4673.35. . . . . 4710.90. . . . . 4673.40. . . . . 4800.00. . . . . 4661.00. . . . . . 790.48. . . . . 5899.90. . . . . 2311.00. . . . 208 . . . . . 4706.75 
HCL Tech . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1138.65. . . . . . . . . . 1.38. . . . . . . . . 26.72 . . . . . . . . 1.68
Nestle India Ltd. . . . . . . . . . . . . . . . . . . 19152.55. . . . . . . . . . 1.25. . . . . . . . . 82.38 . . . . . . . . 0.93
Axis  Bank [2]. . . . . . . . . . . . . . . . . . .. . . . . . 651.10. . . . . . 655.65. . . . . . 648.00. . . . . . 677.45. . . . . . 648.00. . . . 24699.81. . . . . . 866.60. . . . . . 568.45. . . . . 22 . . . . . . 657.05 
UltraTech Cement. . . . . . . . . . . . . . . .. . 7433.75. . . . . . . . . . 1.21. . . . . . . . . 33.69 . . . . . . . . 1.17
Bajaj  Auto . . . . . . . . . . . . . . . . . . . . .. . . . . 3298.20. . . . . 3240.30. . . . . 3296.00. . . . . 3322.95. . . . . 3223.05. . . . . . 682.52. . . . . 4361.20. . . . . 3164.10. . . . . 18 . . . . . 3243.15  NTPC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 127.25. . . . . . . . . . 0.82. . . . . . . . . . . 7.88 . . . . . . . . 0.82
Bajaj  Hld. . . . . . . . . . . . . . . . . . . . . . .. . . . . 4940.35. . . . . 5037.80. . . . . 4966.40. . . . . 5080.00. . . . . 4966.40. . . . . . . 26.99. . . . . 5161.35. . . . . 2657.70. . . . . 35 . . . . . 5041.15  Cipla . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 971.30. . . . . . . . . . 0.74. . . . . . . . . 30.34 . . . . . . . . 0.67
BajajFin [2]. . . . . . . . . . . . . . . . . . . . .. . . . . 6905.75. . . . . 6997.25. . . . . 6910.00. . . . . 7199.80. . . . . 6849.25. . . . . 2195.54. . . . . 8020.20. . . . . 4361.60. . . . . 97 . . . . . 6991.65  Tech Mahindra . . . . . . . . . . . . . . . . . . . . .. . 1541.45. . . . . . . . . . 0.69. . . . . . . . . 29.65 . . . . . . . . 1.30
BajajFinserv [5]. . . . . . . . . . . . . . . . .. . . . 16890.40. . . . 17237.35. . . . 16880.00. . . . 17500.00. . . . 16880.00. . . . . . 458.64. . . . 19319.95. . . . . 8275.00. . . . 659 . . . . 17233.25  Sun Pharma . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 753.60. . . . . . . . . . 0.63. . . . . . . . . 28.95 . . . . . . . . 1.10
BandhanBank . . . . . . . . . . . . . . . . . .. . . . . . 268.85. . . . . . 272.45. . . . . . 269.50. . . . . . 283.30. . . . . . 269.00. . . . 16181.27. . . . . . 430.25. . . . . . 259.40. . . . . ­ . . . . . . 272.35  BPCL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 370.00. . . . . . . . . . 0.56. . . . . . . . . . . 4.31 . . . . . . . . 0.48
Britannia Ind. . . . . . . . . . . . . . . . . . . . . . . .. . 3545.50. . . . . . . . . . 0.46. . . . . . . . . 54.00 . . . . . . . . 0.57
BergrPaintIn [1] . . . . . . . . . . . . . . . .. . . . . . 740.25. . . . . . 751.75. . . . . . 740.25. . . . . . 768.95. . . . . . 739.20. . . . . 3106.92. . . . . . 872.00. . . . . . 643.00. . . . . 94 . . . . . . 754.20 
Bharti  Air [5] . . . . . . . . . . . . . . . . . . .. . . . . . 739.35. . . . . . 728.25. . . . . . 740.00. . . . . . 750.20. . . . . . 722.65. . . . 14272.62. . . . . . 781.90. . . . . . 452.07. . . . . ­ . . . . . . 728.75  Indian OilCorp . . . . . . . . . . . . . . . . . . . . .. . . . 118.95. . . . . . . . . . 0.09. . . . . . . . . . . 4.37 . . . . . . . . 0.41

Minimum  bid  lot  is  27  equity  shares  and
multiples.
OFS only
The issue is completely an offer for sale of up
to  1.20  crore  equity  shares  by  Anand  Rathi
Financial  Services,  Anand  Rathi,  Pradeep
Gupta, Amit Rathi, Priti Gupta, Supriya Rathi,
Rawal  Family  Trust  acting  through  Rakesh
Rawal, Jugal Mantri, and Feroze Azeez.
The company commenced activities in the
fiscal  year  2002  and  is  an  AMFI­registered
mutual fund distributor.  Adani Ports . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 683.85. . . . . . . . ­3.18. . . . . . . . . 26.81 . . . . . . . . 0.68
As  per  Care  Advisory  Research,  the  com­
pany was ranked among one of the top three
non­bank  mutual  fund  distributors  in  India
by gross commission earned in the last three
fiscals.  Hindalco [1] . . . . . . . . . . . . . . . . . . . .. . . . . . 420.15. . . . . . 412.75. . . . . . 418.95. . . . . . 430.00. . . . . . 410.00. . . . 14850.68. . . . . . 551.65. . . . . . 221.00. . . . . 27 . . . . . . 412.15  HDFC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2673.10. . . . . . ­16.93. . . . . . . . . 21.56 . . . . . . . . 6.55
The  company’s  asset  under  management
has  grown  at  a  CAGR  of  23  per  cent  to  ₹302
crore  between  March  31,  2019  and  August  31,
2021.  As  on  August­end,  the  company’s  flag­
ship  private  wealth  vertical  catered  to  6,564
active  client  families.  Over  50  per  cent  of  its
clientele  has  been  associated  with  Anand
Rathi Wealth for over three years.  IOC . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 118.80. . . . . . 118.95. . . . . . 119.00. . . . . . 120.90. . . . . . 117.85. . . . 18375.93. . . . . . 141.75. . . . . . . 84.10. . . . . . 4 . . . . . . 119.05  Ambuja Cements . . . . . . . . . . . . . . . . .. . . . 374.60. . . . . . . . 13.75. . . . . . . . . 17.51 . . . . . . . .
SoftBank­backed Snapdeal
resistances  will  find  fresh ₹1,300­1,350  again.  But  such  a Biocon [5]. . . . . . . . . . . . . . . . . . . . . .. . . . . . 364.40. . . . . . 360.40. . . . . . 364.50. . . . . . 370.95. . . . . . 357.55. . . . . 4131.25. . . . . . 487.70. . . . . . 314.90. . . . 350 . . . . . . 360.30  Asian Paints. . . . . . . . . . . . . . . . . . . . . . . . .. . 3143.65. . . . . . . . ­0.07. . . . . . . . . 90.97 . . . . . . . . 1.92
Bosch . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 16302.85. . . . 16168.50. . . . 16200.00. . . . 16664.95. . . . 16070.95. . . . . . . 33.55. . . . 19244.50. . . . 11940.00. . . . . 34 . . . . 16179.70  Dr Reddys Lab . . . . . . . . . . . . . . . . . . . . .. . 4675.85. . . . . . . . ­0.61. . . . . . . . . 39.67 . . . . . . . . 0.77
sellers  coming  into  the  mar­ rally looks unlikely as the stock BPCL . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 367.45. . . . . . 370.00. . . . . . 370.00. . . . . . 379.50. . . . . . 368.00. . . . . 9196.74. . . . . . 503.00. . . . . . 357.00. . . . . . 6 . . . . . . 369.90  HDFC Life . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 680.80. . . . . . . . ­0.61. . . . . . . 122.11 . . . . . . . . 0.86
ket.  had  struggled  to  get  a  strong Britannia [1] . . . . . . . . . . . . . . . . . . .. . . . . 3528.60. . . . . 3545.50. . . . . 3514.00. . . . . 3565.00. . . . . 3501.10. . . . . . 633.38. . . . . 4152.05. . . . . 3317.90. . . . . 53 . . . . . 3547.25 
L&T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1764.75. . . . . . . . ­0.70. . . . . . . . . 24.23 . . . . . . . . 2.89
ITC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 221.15. . . . . . . . ­0.71. . . . . . . . . 18.77 . . . . . . . . 2.63
The stock can fall to ₹1,000 follow­through  rise  above Cadila  HC [1] . . . . . . . . . . . . . . . . . .. . . . . . 456.25. . . . . . 465.25. . . . . . 455.00. . . . . . 472.90. . . . . . 451.00. . . . . 3945.30. . . . . . 673.70. . . . . . 408.40. . . . . 40 . . . . . . 465.30 
UPL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 681.70. . . . . . . . ­0.97. . . . . . . . . 13.61 . . . . . . . . 0.51
Cipla [2] . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 965.00. . . . . . 971.30. . . . . . 965.00. . . . . . 984.00. . . . . . 958.60. . . . . 4771.58. . . . . 1005.00. . . . . . 738.25. . . . . 29 . . . . . . 971.30 
in  the  coming  weeks.  Traders ₹1,300 prior to the recent fall. Coal  India . . . . . . . . . . . . . . . . . . . . .. . . . . . 154.25. . . . . . 152.00. . . . . . 158.50. . . . . . 158.50. . . . . . 151.35. . . . 56643.28. . . . . . 203.85. . . . . . 123.45. . . . . 10 . . . . . . 151.95 
Coal India . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 152.00. . . . . . . . ­1.09. . . . . . . . . . . 6.80 . . . . . . . . 0.43
Tata Motors . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 458.60. . . . . . . . ­1.18. . . . . . . . . . . 0.00 . . . . . . . . 1.12
can  go  short  at  current  levels Colgate [1]. . . . . . . . . . . . . . . . . . . . .. . . . . 1445.35. . . . . 1434.35. . . . . 1447.50. . . . . 1469.25. . . . . 1421.00. . . . . 1559.82. . . . . 1823.00. . . . . 1413.40. . . . . 37 . . . . . 1439.10  Hero MotoCorp. . . . . . . . . . . . . . . . . . . .. . 2449.30. . . . . . . . ­1.24. . . . . . . . . 16.77 . . . . . . . . 0.43
and also accumulate shorts at (Note: The recommendations are Dabur [1] . . . . . . . . . . . . . . . . . . . . . .. . . . . . 598.00. . . . . . 594.95. . . . . . 595.00. . . . . . 602.50. . . . . . 592.05. . . . . 5219.69. . . . . . 658.75. . . . . . 483.00. . . . . 73 . . . . . . 595.40  Divis Lab . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 4878.80. . . . . . . . ­1.25. . . . . . . . . 60.63 . . . . . . . . 0.84
Divi'sLabs [2]. . . . . . . . . . . . . . . . . . .. . . . . 4921.35. . . . . 4878.80. . . . . 4930.00. . . . . 4949.70. . . . . 4840.15. . . . . . 864.07. . . . . 5425.00. . . . . 3154.50. . . . . 62 . . . . . 4880.70  Eicher Motors . . . . . . . . . . . . . . . . . . . . . .. . 2370.45. . . . . . . . ­1.38. . . . . . . . . 38.83 . . . . . . . . 0.45
₹1,170  and  ₹1,190  if  any  inter­ based on technical analysis. DLF  Ltd [2]. . . . . . . . . . . . . . . . . . . . .. . . . . . 374.85. . . . . . 374.80. . . . . . 378.00. . . . . . 390.75. . . . . . 372.00. . . . . 9984.40. . . . . . 449.80. . . . . . 189.60. . . . . 59 . . . . . . 375.05  ONGC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 142.10. . . . . . . . ­1.68. . . . . . . . . . . 4.44 . . . . . . . . 0.70
mediate rally is seen. Keep the There is risk of loss in trading.) Dr  Reddy [5] . . . . . . . . . . . . . . . . . . .. . . . . 4697.60. . . . . 4675.85. . . . . 4713.90. . . . . 4748.25. . . . . 4650.00. . . . . . 717.82. . . . . 5613.65. . . . . 4135.90. . . . . 48 . . . . . 4681.15  IndusInd Bank . . . . . . . . . . . . . . . . . . . . .. . . . 883.00. . . . . . . . ­1.73. . . . . . . . . 17.44 . . . . . . . . 0.72
Eicher  Motor [1]. . . . . . . . . . . . . . . .. . . . . 2413.40. . . . . 2370.45. . . . . 2415.80. . . . . 2447.00. . . . . 2360.00. . . . . 1101.72. . . . . 3035.50. . . . . 2303.75. . . . . 41 . . . . . 2371.30  Bajaj Auto . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 3240.30. . . . . . . . ­1.74. . . . . . . . . 14.48 . . . . . . . . 0.57
Gail(India) . . . . . . . . . . . . . . . . . . . . .. . . . . . 130.35. . . . . . 129.80. . . . . . 130.15. . . . . . 134.70. . . . . . 128.95. . . . 12561.83. . . . . . 171.35. . . . . . 103.30. . . . . . 7 . . . . . . 130.30  Grasim Ind . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1662.45. . . . . . . . ­1.89. . . . . . . . . 11.97 . . . . . . . . 0.86
Hind Unilever. . . . . . . . . . . . . . . . . . . . . . .. . 2317.55. . . . . . . . ­2.44. . . . . . . . . 64.74 . . . . . . . . 2.81
DAY TRADING GUIDE GlandPharma . . . . . . . . . . . . . . . . . .. . . . . 3607.50. . . . . 3585.35. . . . . 3648.05. . . . . 3685.00. . . . . 3533.85. . . . . . 231.76. . . . . 4350.00. . . . . 2071.00. . . . . ­ . . . . . . . . . . . ­ 
Godrej  Cons [1] . . . . . . . . . . . . . . . .. . . . . . 913.20. . . . . . 923.10. . . . . . 913.60. . . . . . 931.35. . . . . . 913.60. . . . . 2254.00. . . . . 1138.50. . . . . . 644.00. . . . . 74 . . . . . . 924.05  Hindalco . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 412.75. . . . . . . . ­2.49. . . . . . . . . . . 8.71 . . . . . . . . 0.82
Grasim [2] . . . . . . . . . . . . . . . . . . . . .. . . . . 1683.95. . . . . 1662.45. . . . . 1680.00. . . . . 1709.65. . . . . 1650.30. . . . . 1643.45. . . . . 1893.15. . . . . . 862.65. . . . . 47 . . . . . 1662.45  Maurti Suzuki . . . . . . . . . . . . . . . . . . . . . .. . 7067.80. . . . . . . . ­2.50. . . . . . . . . 50.84 . . . . . . . . 1.28
HavellsIndia [1]. . . . . . . . . . . . . . . . .. . . . . 1330.10. . . . . 1360.35. . . . . 1331.90. . . . . 1409.95. . . . . 1324.00. . . . . 6604.50. . . . . 1503.70. . . . . . 798.00. . . . . 72 . . . . . 1363.35 
17037 • Nifty 50 Futures M&M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 835.50. . . . . . . . ­3.38. . . . . . . . . 20.97 . . . . . . . . 1.09
S1 S2 R1 R2 COMMENT
HCL  Tech [2] . . . . . . . . . . . . . . . . . . .. . . . . 1133.15. . . . . 1138.65. . . . . 1133.00. . . . . 1157.90. . . . . 1133.00. . . . . 7421.90. . . . . 1377.00. . . . . . 815.05. . . . . 34 . . . . . 1139.30 
JSW Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 608.40. . . . . . . . ­3.93. . . . . . . . . . . 7.38 . . . . . . . . 0.82
HDFC [2]. . . . . . . . . . . . . . . . . . . . . . .. . . . . 2713.80. . . . . 2673.10. . . . . 2665.00. . . . . 2764.90. . . . . 2656.00. . . . . 7628.54. . . . . 3021.10. . . . . 2218.15. . . . . 38 . . . . . 2676.40 
State Bank . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 460.55. . . . . . . . ­4.03. . . . . . . . . 13.63 . . . . . . . . 2.40
17000 16700 17200 17350 Poised above a key support. Go HDFC  AMC [5] . . . . . . . . . . . . . . . . .. . . . . 2508.50. . . . . 2511.30. . . . . 2500.00. . . . . 2572.65. . . . . 2500.00. . . . . . 553.80. . . . . 3363.00. . . . . 2427.10. . . . . 39 . . . . . 2513.60  Bharti Airtel . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 728.25. . . . . . . . ­6.04. . . . . . . . . . . 0.00 . . . . . . . . 2.33
short on a break below 17000. Keep
HDFC  Bank [1] . . . . . . . . . . . . . . . . .. . . . . 1501.25. . . . . 1493.55. . . . . 1495.00. . . . . 1529.00. . . . . 1486.55. . . . 12610.77. . . . . 1724.30. . . . . 1342.00. . . . . 25 . . . . . 1493.60  ICICI Bank . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 714.35. . . . . . . . ­6.47. . . . . . . . . 21.63 . . . . . . . . 6.72
HDFCLifeIns. . . . . . . . . . . . . . . . . . . .. . . . . . 683.65. . . . . . 680.80. . . . . . 682.00. . . . . . 689.75. . . . . . 672.65. . . . 11535.24. . . . . . 775.65. . . . . . 617.25. . . . 119 . . . . . . 677.65 
the stop­loss at 17180
HDFC Bank . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1493.55. . . . . . . . ­7.77. . . . . . . . . 24.14 . . . . . . . . 8.87
HeroMoto [2]. . . . . . . . . . . . . . . . . . .. . . . . 2490.80. . . . . 2449.30. . . . . 2476.00. . . . . 2512.65. . . . . 2424.05. . . . . 1527.41. . . . . 3628.55. . . . . 2426.00. . . . . 16 . . . . . 2447.95  Tata Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1071.20. . . . . . . . ­7.85. . . . . . . . . . . 3.85 . . . . . . . . 1.14
₹1491 • HDFC Bank HPCL . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 296.45. . . . . . 295.10. . . . . . 296.25. . . . . . 316.40. . . . . . 293.10. . . . . 6009.04. . . . . . 354.55. . . . . . 203.85. . . . . . 5 . . . . . . 294.80  Kotak Bank . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1961.90. . . . . . ­19.52. . . . . . . . . 38.96 . . . . . . . . 3.91
HUL [1] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 2329.40. . . . . 2317.55. . . . . 2322.00. . . . . 2361.00. . . . . 2302.00. . . . . 3931.04. . . . . 2859.10. . . . . 2104.25. . . . . 65 . . . . . 2318.45  Reliance Ind . . . . . . . . . . . . . . . . . . . . . . . . .. . 2405.40. . . . . . ­26.91. . . . . . . . . 25.77 . . . . . . 10.56
S1 S2 R1 R2 COMMENT
ICICI  Bank [2] . . . . . . . . . . . . . . . . . .. . . . . . 718.40. . . . . . 714.35. . . . . . 716.75. . . . . . 732.30. . . . . . 711.10. . . . 23965.91. . . . . . 859.70. . . . . . 472.20. . . . . 26 . . . . . . 714.30  Pts: Impact on index movement
1460 1430 1510 1535 Outlook is bearish. Go short now ICICILombGIC . . . . . . . . . . . . . . . . . .. . . . . 1434.25. . . . . 1437.35. . . . . 1434.35. . . . . 1454.30. . . . . 1425.15. . . . . 1428.58. . . . . 1674.00. . . . . 1295.00. . . . . 54 . . . . . 1436.55 
and on rallies at 1505. Keep the IndraprsGas [2]. . . . . . . . . . . . . . . . .. . . . . . 480.90. . . . . . 484.25. . . . . . 480.10. . . . . . 489.90. . . . . . 479.75. . . . . 2600.83. . . . . . 604.00. . . . . . 451.60. . . . . 26 . . . . . . 484.10 
IndusInd  BK. . . . . . . . . . . . . . . . . . . .. . . . . . 895.45. . . . . . 883.00. . . . . . 902.00. . . . . . 927.50. . . . . . 875.70. . . . . 6964.15. . . . . 1241.85. . . . . . 788.60. . . . . 18 . . . . . . 883.60  Nifty Next 50 Movers H 101.35 pts.
stop­loss at 1525
IndusTowers . . . . . . . . . . . . . . . . . . .. . . . . . 281.50. . . . . . 284.45. . . . . . 280.10. . . . . . 286.20. . . . . . 278.60. . . . . 6236.26. . . . . . 332.80. . . . . . 194.10. . . . . ­ . . . . . . . . . . . ­  Close(₹) Pts PE Wt(%)
INFO  EDGE  (I). . . . . . . . . . . . . . . . . .. . . . . 5845.90. . . . . 5805.05. . . . . 5855.00. . . . . 5961.20. . . . . 5740.00. . . . . . 577.62. . . . . 7462.95. . . . . 4027.00. . . . 206 . . . . . 5809.65  Havells . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1360.35. . . . . . . . 26.03. . . . . . . . . 71.47 . . . . . . . . 2.80
₹1717 • Infosys Infosys [5] . . . . . . . . . . . . . . . . . . . . .. . . . . 1696.35. . . . . 1712.65. . . . . 1704.55. . . . . 1729.90. . . . . 1700.05. . . . 14808.96. . . . . 1848.25. . . . . 1105.55. . . . . 36 . . . . . 1714.45  Avenuesuper . . . . . . . . . . . . . . . . . . . . . . .. . 4710.90. . . . . . . . 14.22. . . . . . . 222.11 . . . . . . . . 4.27
S1 S2 R1 R2 COMMENT IntGlobAviat . . . . . . . . . . . . . . . . . . .. . . . . 1894.50. . . . . 1905.05. . . . . 1901.00. . . . . 1968.00. . . . . 1891.15. . . . . 2430.53. . . . . 2379.00. . . . . 1356.40. . . . . ­ . . . . . 1907.00  Piramal Ent . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2418.35. . . . . . . . 14.07. . . . . . . . . 46.20 . . . . . . . . 2.42
2.26
1700 1670 1730 1750 Initiate fresh short positions with a I­PruLifeINS . . . . . . . . . . . . . . . . . . . .. . . . . . 587.25. . . . . . 593.05. . . . . . 587.25. . . . . . 602.95. . . . . . 585.00. . . . . 2282.71. . . . . . 724.50. . . . . . 411.00. . . . 136 . . . . . . 593.85  Godrej Consumer . . . . . . . . . . . . . . . .. . . . 923.10. . . . . . . . 12.87. . . . . . . . . 53.62 . . . . . . . . 2.87
stop­loss at 1745 if the stock Bajaj Holdings . . . . . . . . . . . . . . . . . . . . .. . 5037.80. . . . . . . . 12.40. . . . . . . . . 13.75 . . . . . . . . 1.53
ITC [1]. . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 221.50. . . . . . 221.15. . . . . . 222.00. . . . . . 225.20. . . . . . 220.00. . . . 23503.45. . . . . . 265.30. . . . . . 192.40. . . . . 19 . . . . . . 221.30 
CholamandalamInv&Finan . .. . . . 550.50. . . . . . . . 11.23. . . . . . . . . 28.34 . . . . . . . . 1.78
reverses lower from 1730 JSWSteelLtd [1] . . . . . . . . . . . . . . . .. . . . . . 625.60. . . . . . 608.40. . . . . . 621.50. . . . . . 632.60. . . . . . 604.30. . . . . 6606.47. . . . . . 776.50. . . . . . 344.05. . . . . . 8 . . . . . . 608.40 
Berger Paints India . . . . . . . . . . . . .. . . . 751.75. . . . . . . . . . 9.59. . . . . . . . . 86.59 . . . . . . . . 1.50
JublilntFood . . . . . . . . . . . . . . . . . . . .. . . . . 3640.25. . . . . 3651.00. . . . . 3640.20. . . . . 3744.75. . . . . 3631.00. . . . . . 478.82. . . . . 4577.45. . . . . 2466.55. . . . 115 . . . . . 3651.75 
Larsen & Toubro Info . . . . . . . . . .. . 6809.70. . . . . . . . . . 9.57. . . . . . . . . 56.44 . . . . . . . . 2.55
₹222 • ITC
S1 S2 R1 R2 COMMENT
Kot.Mah.Bk [5] . . . . . . . . . . . . . . . . .. . . . . 2019.60. . . . . 1961.90. . . . . 2023.00. . . . . 2039.60. . . . . 1946.90. . . . . 4265.82. . . . . 2252.45. . . . . 1627.25. . . . . 54 . . . . . 1962.15 
L&T [2] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 1767.25. . . . . 1764.75. . . . . 1767.25. . . . . 1798.90. . . . . 1751.30. . . . . 3385.63. . . . . 1982.95. . . . . 1104.20. . . . . 36 . . . . . 1763.90 
L&TInfotech [1]. . . . . . . . . . . . . . . . .. . . . . 6748.55. . . . . 6809.70. . . . . 6814.00. . . . . 6949.95. . . . . 6755.25. . . . . . 299.42. . . . . 7562.00. . . . . 3203.45. . . . . 59 . . . . . 6812.60 
Bandhan Bank . . . . . . . . . . . . . . . . . . . . .. . . . 272.45. . . . . . . . . . 8.37. . . . . . . . . . . 0.00 . . . . . . . .
Indus Towers .. . . . . . . . . . . . . . . . . . . . . .. . . . 284.45. . . . . . . . . . 8.19. . . . . . . . . 14.42 . . . . . . . .
1.52
1.89

targets $250 m IPO in 2022 220 217 226 230 Sustains above the support. Go Lupin [2] . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 893.00. . . . . . 884.40. . . . . . 893.90. . . . . . 898.75. . . . . . 877.15. . . . . 1886.50. . . . . 1267.50. . . . . . 863.55. . . . . ­ . . . . . . 885.85 
M&M [5] . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 850.80. . . . . . 835.50. . . . . . 850.80. . . . . . 860.80. . . . . . 828.55. . . . . 6067.62. . . . . . 978.90. . . . . . 660.00. . . . . 37 . . . . . . 835.75 
Yes Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 12.40. . . . . . . . . . 8.12. . . . . . . . . . . 0.00 . . . . . . . .
Cadila Health . . . . . . . . . . . . . . . . . . . . . . .. . . . 465.25. . . . . . . . . . 7.91. . . . . . . . . 19.85 . . . . . . . .
Sbi Cards And Pay Srv . . . . . . . .. . . . 950.50. . . . . . . . . . 7.75. . . . . . . . . 86.47 . . . . . . . .
0.96
0.98
1.31
short only if ITC breaks below 220. Marico  Ltd [1]. . . . . . . . . . . . . . . . . .. . . . . . 534.75. . . . . . 538.35. . . . . . 530.05. . . . . . 544.10. . . . . . 530.05. . . . . 4760.65. . . . . . 606.00. . . . . . 362.80. . . . . 60 . . . . . . 539.25  I­Prulife . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 593.05. . . . . . . . . . 7.73. . . . . . . 135.87 . . . . . . . . 1.89
BLOOMBERG Keep the stop­loss at 223 Maruti [5]. . . . . . . . . . . . . . . . . . . . . .. . . . . 7149.50. . . . . 7067.80. . . . . 7149.50. . . . . 7250.00. . . . . 7015.55. . . . . 1287.94. . . . . 8400.00. . . . . 6301.20. . . . . 53 . . . . . 7086.15  Marico . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 538.35. . . . . . . . . . 6.39. . . . . . . . . 57.01 . . . . . . . . 2.29
MRF . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 73818.25. . . . 74630.80. . . . 73541.00. . . . 75996.00. . . . 73541.00. . . . . . . 25.95. . . . 98575.90. . . . 73111.00. . . . . 27 . . . . 75015.65  Siemens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2151.90. . . . . . . . . . 5.66. . . . . . . . . 72.98 . . . . . . . . 1.58
November 30
Aurobindo Pharma . . . . . . . . . . . . . .. . . . 660.25. . . . . . . . . . 5.17. . . . . . . . . . . 7.42 . . . . . . . . 1.53
Snapdeal, the online retailer backed by SoftBank ₹142 • ONGC MuthootFinan . . . . . . . . . . . . . . . . . .. . . . . 1427.10. . . . . 1426.20. . . . . 1444.80. . . . . 1459.00. . . . . 1417.25. . . . . 1529.71. . . . . 1722.55. . . . . 1090.25. . . . . 14 . . . . . 1430.80 
Indraprastha Gas . . . . . . . . . . . . . . . .. . . . 484.25. . . . . . . . . . 4.03. . . . . . . . . 23.32 . . . . . . . . 1.39
NestleIndia. . . . . . . . . . . . . . . . . . . . .. . . . 19000.40. . . . 19152.55. . . . 19000.40. . . . 19424.90. . . . 18935.45. . . . . . 169.78. . . . 20599.95. . . . 15900.00. . . . . 82 . . . . 19159.10 
S1 S2 R1 R2 COMMENT Intglobeavi . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1905.05. . . . . . . . . . 3.49. . . . . . . . . . . 0.00 . . . . . . . . 1.51
Group and Alibaba Group Holding, plans to file NMDC  Ltd [1] . . . . . . . . . . . . . . . . . .. . . . . . 134.95. . . . . . 132.85. . . . . . 135.50. . . . . . 137.70. . . . . . 132.40. . . . . 7521.23. . . . . . 213.15. . . . . . . 96.00. . . . . . 4 . . . . . . 133.25 
Jubilant Foodworks . . . . . . . . . . . . .. . 3651.00. . . . . . . . . . 2.83. . . . . . . 115.24 . . . . . . . . 2.30
140 135 143 148 Hovers above a support. Go short NTPC . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 126.50. . . . . . 127.25. . . . . . 127.80. . . . . . 129.45. . . . . . 124.70. . . . 22883.51. . . . . . 152.10. . . . . . . 88.20. . . . . . 9 . . . . . . 127.30 
preliminary documents for an initial public of­ ONGC [5] . . . . . . . . . . . . . . . . . . . . . .. . . . . . 144.10. . . . . . 142.10. . . . . . 143.35. . . . . . 147.75. . . . . . 141.10. . . . 22980.65. . . . . . 172.80. . . . . . . 77.00. . . . . . 6 . . . . . . 142.15 
Icici Lombard Gic . . . . . . . . . . . . . . . . .. . 1437.35. . . . . . . . . . 2.72. . . . . . . . . 56.07 . . . . . . . . 3.01
only if the stock breaks below 140. Torrent Pharma . . . . . . . . . . . . . . . . . . .. . 3042.05. . . . . . . . . . 0.80. . . . . . . . . 40.63 . . . . . . . . 1.23
fering of as much as $250 million in the next few Stop­loss can be placed at 144
Petronet . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 219.95. . . . . . 219.85. . . . . . 219.00. . . . . . 222.85. . . . . . 218.00. . . . . 4815.17. . . . . . 275.25. . . . . . 211.50. . . . . 11 . . . . . . 219.85 
Hdfc Asset Mgmt Cmp . . . . . . . .. . 2511.30. . . . . . . . . . 0.53. . . . . . . . . 38.93 . . . . . . . . 1.14
weeks,  according  to PGHH . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 15067.20. . . . 15040.10. . . . 15160.00. . . . 15188.95. . . . 14716.30. . . . . . . 11.47. . . . 15551.55. . . . 10389.00. . . . . 79 . . . . 15060.35  Dlf. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 374.80. . . . . . . . ­0.11. . . . . . . . . 56.51 . . . . . . . . 1.91
PidiliteInd [1] . . . . . . . . . . . . . . . . . .. . . . . 2218.10. . . . . 2205.85. . . . . 2214.95. . . . . 2249.95. . . . . 2193.40. . . . . 1564.83. . . . . 2531.90. . . . . 1535.00. . . . . 85 . . . . . 2204.95  Muthoot Finance . . . . . . . . . . . . . . . .. . 1426.20. . . . . . . . ­0.33. . . . . . . . . 14.26 . . . . . . . . 1.27
people  familiar  with ₹2401 • Reliance Ind. PiramalEntp [2]. . . . . . . . . . . . . . . . .. . . . . 2384.70. . . . . 2418.35. . . . . 2385.00. . . . . 2508.20. . . . . 2380.75. . . . . 1340.87. . . . . 3013.00. . . . . 1283.90. . . . 225 . . . . . 2416.85  Proc & Gam . . . . . . . . . . . . . . . . . . . . . . . . . 15040.10. . . . . . . . ­0.65. . . . . . . . . 79.23 . . . . . . . . 0.86
the matter. S1 S2 R1 R2 COMMENT PowerGrid . . . . . . . . . . . . . . . . . . . . .. . . . . . 200.25. . . . . . 206.75. . . . . . 200.30. . . . . . 209.50. . . . . . 200.30. . . . 28304.74. . . . . . 209.75. . . . . . 136.88. . . . . 10 . . . . . . 206.80  Acc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2286.40. . . . . . . . ­0.93. . . . . . . . . 20.90 . . . . . . . . 1.59
Pun.Natl.Bk [2] . . . . . . . . . . . . . . . . .. . . . . . . 37.60. . . . . . . 37.30. . . . . . . 37.75. . . . . . . 38.50. . . . . . . 37.05. . . . 52315.59. . . . . . . 47.60. . . . . . . 31.40. . . . . 13 . . . . . . . 37.35  Adani Enter. . . . . . . . . . . . . . . . . . . . . . . . . .. . 1662.85. . . . . . . . ­2.08. . . . . . . 161.01 . . . . . . . . 3.76
The  e­commerce 2350 2300 2450 2400 Down move regains momentum. Gland Pharma . . . . . . . . . . . . . . . . . . . . .. . 3585.35. . . . . . . . ­2.77. . . . . . . . . 52.71 . . . . . . . .
Reliance . . . . . . . . . . . . . . . . . . . . . . .. . . . . 2441.50. . . . . 2405.40. . . . . 2468.00. . . . . 2475.90. . . . . 2388.85. . . . 14847.51. . . . . 2750.00. . . . . 1830.00. . . . . 45 . . . . . 2406.75  1.07
giant aims to go pub­ Go short now and accumulate at SBI  [1] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 465.10. . . . . . 460.55. . . . . . 468.00. . . . . . 477.25. . . . . . 458.00. . . . 23026.65. . . . . . 542.20. . . . . . 244.10. . . . . 13 . . . . . . 460.60  Hpcl . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 295.10. . . . . . . . ­2.96. . . . . . . . . . . 4.47 . . . . . . . . 1.55
lic in early 2022 after 2440 with a stop­loss at 2455 SBICards&Pay. . . . . . . . . . . . . . . . . .. . . . . . 937.00. . . . . . 950.50. . . . . . 940.00. . . . . . 974.90. . . . . . 940.00. . . . . 3012.65. . . . . 1165.00. . . . . . 795.00. . . . . ­ . . . . . . . . . . . ­  Punjab Natl Bank . . . . . . . . . . . . . . . . .. . . . . 37.30. . . . . . . . ­3.06. . . . . . . . . 10.79 . . . . . . . . 0.91
SBILifeInsur . . . . . . . . . . . . . . . . . . . .. . . . . 1136.25. . . . . 1160.55. . . . . 1135.00. . . . . 1167.90. . . . . 1134.15. . . . . 2253.52. . . . . 1273.40. . . . . . 825.00. . . . . 94 . . . . . 1160.90  Bank Of Baroda . . . . . . . . . . . . . . . . . . .. . . . . 85.75. . . . . . . . ­3.20. . . . . . . . . 11.41 . . . . . . . . 1.31
filing  the  DRHP,  the ShreeCement . . . . . . . . . . . . . . . . . .. . . . 25566.10. . . . 26102.25. . . . 25480.00. . . . 26350.00. . . . 25330.95. . . . . . . 97.67. . . . 32050.00. . . . 22600.00. . . . . 36 . . . . 26106.00  Gail (India) . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 129.80. . . . . . . . ­3.44. . . . . . . . . . . 6.09 . . . . . . . . 1.94
people  said,  asking ₹459 • SBI Siemens [2] . . . . . . . . . . . . . . . . . . . .. . . . . 2133.40. . . . . 2151.90. . . . . 2135.55. . . . . 2168.15. . . . . 2116.15. . . . . . 515.38. . . . . 2438.50. . . . . 1442.05. . . . . 70 . . . . . 2152.20 
Bosch . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16168.50. . . . . . . . ­3.95. . . . . . . . . 36.69 . . . . . . . . 1.14
S1 S2 R1 R2 COMMENT Colgate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1434.35. . . . . . . . ­5.04. . . . . . . . . 36.62 . . . . . . . . 1.57
not  to  be  identified Sun  Pharma [1] . . . . . . . . . . . . . . . .. . . . . . 751.05. . . . . . 753.60. . . . . . 751.00. . . . . . 761.65. . . . . . 746.05. . . . . 5505.27. . . . . . 850.00. . . . . . 514.75. . . . 101 . . . . . . 753.95 
Dabur India . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 594.95. . . . . . . . ­6.11. . . . . . . . . 57.97 . . . . . . . . 2.85
456 450 462 470 Bearish outlook is intact. Initiate Tata  Motors [2] . . . . . . . . . . . . . . . .. . . . . . 461.45. . . . . . 458.60. . . . . . 466.55. . . . . . 478.00. . . . . . 455.65. . . . 35471.80. . . . . . 536.50. . . . . . 156.55. . . . . ­ . . . . . . 458.80 
when talking about a Tata  Steel . . . . . . . . . . . . . . . . . . . . .. . . . . 1114.75. . . . . 1071.20. . . . . 1110.95. . . . . 1127.90. . . . . 1063.00. . . . 13355.98. . . . . 1534.60. . . . . . 577.00. . . . . . 5 . . . . . 1071.60 
Biocon . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 360.40. . . . . . . . ­6.27. . . . . . . . . 57.52 . . . . . . . . 1.35
fresh short positions now and at Pidilitind . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2205.85. . . . . . . . ­6.42. . . . . . . . . 83.21 . . . . . . . . 2.76
private  matter.  Snapdeal,  once  considered  the TataConsuPro . . . . . . . . . . . . . . . . . .. . . . . . 766.00. . . . . . 778.60. . . . . . 765.00. . . . . . 789.65. . . . . . 764.20. . . . . 3529.36. . . . . . 889.00. . . . . . 525.30. . . . . ­ . . . . . . . . . . . ­  Lupin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 884.40. . . . . . . . ­7.11. . . . . . . . . . . 0.00 . . . . . . . . 1.75
fiercest rival to Amazon.com and Walmart’s Flip­ 461. Keep the stop­loss at 464 TCS [1] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 3502.00. . . . . 3529.15. . . . . 3491.00. . . . . 3563.75. . . . . 3491.00. . . . . 5588.45. . . . . 3990.00. . . . . 2625.10. . . . . 36 . . . . . 3532.00  United Spirits . . . . . . . . . . . . . . . . . . . . . .. . . . 882.95. . . . . . . . ­7.32. . . . . . . . . 78.21 . . . . . . . . 2.16
TechMahindra [5]. . . . . . . . . . . . . . .. . . . . 1536.65. . . . . 1541.45. . . . . 1529.00. . . . . 1594.45. . . . . 1526.50. . . . . 5662.90. . . . . 1629.40. . . . . . 872.60. . . . . 30 . . . . . 1541.10  Nmdc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 132.85. . . . . . . . ­8.25. . . . . . . . . . . 3.71 . . . . . . . . 1.25
kart, plans to raise at least $200 million at a $1.5 TitanCompany [1] . . . . . . . . . . . . . .. . . . . 2324.20. . . . . 2375.50. . . . . 2336.40. . . . . 2390.00. . . . . 2336.40. . . . . 2675.38. . . . . 2678.10. . . . . 1335.00. . . . 121 . . . . . 2374.90 
₹3535 • TCS Info Edge (India) .. . . . . . . . . . . . . . . .. . 5805.05. . . . . . ­10.84. . . . . . . . . . . 8.78 . . . . . . . . 3.69
billion valuation, they added. S1 S2 R1 R2 COMMENT
TorrentPhar [5]. . . . . . . . . . . . . . . . .. . . . . 3037.30. . . . . 3042.05. . . . . 3036.10. . . . . 3110.00. . . . . 2990.10. . . . . . 474.97. . . . . 3248.00. . . . . 2311.30. . . . . 44 . . . . . 3043.35  Jindal Steel . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 343.55. . . . . . ­12.76. . . . . . . . . . . 3.72 . . . . . . . . 1.15
UB [1] . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 1503.90. . . . . 1504.35. . . . . 1505.40. . . . . 1537.20. . . . . 1500.00. . . . . . 425.25. . . . . 1793.65. . . . . 1035.90. . . . 119 . . . . . 1504.25  Sail . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 100.05. . . . . . ­12.91. . . . . . . . . . . 3.14 . . . . . . . . 1.19
Snapdeal’s  largest  shareholders,  which  in­
3490 3450 3585 3610 Wait for a rise and go short if the UltraTech . . . . . . . . . . . . . . . . . . . . . .. . . . . 7388.25. . . . . 7433.75. . . . . 7387.30. . . . . 7519.00. . . . . 7347.55. . . . . . 547.66. . . . . 8267.00. . . . . 4802.75. . . . . 34 . . . . . 7434.40  Apollo Hosp . . . . . . . . . . . . . . . . . . . . . . . . .. . 5687.75. . . . . . ­13.74. . . . . . . . . 76.28 . . . . . . . . 4.71
clude  BlackRock,  Temasek  Holdings and  EBay, stock reverses lower from 3585. United  Spr [2] . . . . . . . . . . . . . . . . . .. . . . . . 890.10. . . . . . 882.95. . . . . . 888.60. . . . . . 904.80. . . . . . 876.50. . . . . 3194.35. . . . . 1019.75. . . . . . 495.15. . . . . 78 . . . . . . 883.10  Pi Industries . . . . . . . . . . . . . . . . . . . . . . .. . 2869.50. . . . . . ­23.53. . . . . . . . . 54.97 . . . . . . . . 1.90
are not selling shares, the people said. The com­ UPL [2] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 689.35. . . . . . 681.70. . . . . . 689.00. . . . . . 702.75. . . . . . 678.55. . . . . 2524.08. . . . . . 864.75. . . . . . 416.05. . . . 131 . . . . . . 681.95  Vedanta . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 338.85. . . . . . ­35.53. . . . . . . . . . . 5.49 . . . . . . . . 3.62
Stop­loss can be kept at 3605 Vedanta [1] . . . . . . . . . . . . . . . . . . . .. . . . . . 346.80. . . . . . 338.85. . . . . . 346.95. . . . . . 354.00. . . . . . 336.00. . . . 17562.38. . . . . . 385.75. . . . . . 119.90. . . . . . 9 . . . . . . 339.00  Adani Green Energy . . . . . . . . . . . .. . 1295.40. . . . . . ­59.26. . . . . . . 436.30 . . . . . . . . 3.20
pany didn’t immediately provide comment on Wipro [2] . . . . . . . . . . . . . . . . . . . . . .. . . . . . 630.60. . . . . . 637.25. . . . . . 630.60. . . . . . 645.50. . . . . . 630.50. . . . 13425.10. . . . . . 739.80. . . . . . 346.35. . . . . 36 . . . . . . 637.00 
Adani Transmission .. . . . . . . . . . . .. . 1799.50. . . . . . ­66.17. . . . . . . 137.24 . . . . . . . . 3.01
its filing plans or other financial details. S1, S2: Support 1 & 2; R1, R2: Resistance 1 & 2.  Yes  Bk [2] . . . . . . . . . . . . . . . . . . . . .. . . . . . . 12.15. . . . . . . 12.40. . . . . . . 12.15. . . . . . . 12.95. . . . . . . 12.10. . . 187690.85. . . . . . . 20.83. . . . . . . 10.51. . . . . ­ . . . . . . . 12.37  Pts: Impact on index movement 

CM . ..... . .. ...BM­BME
YK
MUMBAI
BusinessLine
WEDNESDAY • DECEMBER 1 • 2021
‘2021, a strong year for global trade’ Inflationary pressures, rural slowdown drag
At $28 trillion, global trade has grown
11% over pre-pandemic levels; outlook
for 2022 uncertain: UNCTAD report
OUR BUREAU
New Delhi, November 30
Global  trade  is  expected  to
reach about $28 trillion in 2021,
growing  11  per  cent  over  pre­
pandemic levels, according to
the global trade update report
issued by UNCTAD on Tuesday.
The  outlook  for  2022,  how­
ever,  remains  very  uncertain,
due  to  slowing  economic  re­
covery, disruptions of logistics
and  rise  in  shipping  costs,
global  semiconductor  short­
age,  regionalisation  of  trade
flows,  debt  burden  and  gov­
ernmental  policies  affecting
international trade, it added.
India’s growth accelerates
India’s  trade  growth  acceler­
ated  in  Q3  CY2021  —  both  in
goods  and  services  —  while
that  of  China  remained  relat­
ively  constant although  at
already high levels, the report
said.
India’s goods exports posted
a rise of 27 per cent and 5 per
cent, and services increased by
7 per cent and 17 per cent in Q3
of the current fiscal compared
Non-food bank credit growth Tariff hikes to help telcos invest more aggressively in 5G
accelerates to 6.9% in October
Credit growth to
services slows
OUR BUREAU
Mumbai, November 30
Non­food bank credit growth
accelerated to 6.9 per cent in
October 2021 as compared to
5.2 per cent in October 2020,
according  to  the  Reserve
Bank  of  India’s  data  on  sec­
toral  deployment  of  bank
credit.  tion  of  0.7  per  cent  in  Octo­
Agri sector sees growth
Non­food bank credit growth
was propelled by credit to ag­
riculture  and  allied  activit­
ies,  industry  and  personal
loans.  A  slowdown  in  credit
4G will dominate till 2027: Ericsson Report TRAI releases 5G auction consultation paper
55 per cent of mobile subscriptions
in 2027 are expected to be 4G
OUR BUREAU
New Delhi, November 30
4G mobile technology is expec­
ted to remain dominant in In­
dia  till  2027.  However  its  sub­
scriptions are forecast to drop
from 790 million in 2021 to 710
million by then, an annual av­
erage decline of 2 per cent, said
a report on Tuesday.
Thus,  4G  subscriptions  are
expected to reduce from 68 per
cent  of  mobile  subscriptions
in 2021 to 55 per cent in 2027 as
subscribers migrate to 5G, the
latest Ericsson Mobility Report
has said.
Growth rate
The report highlighted that 5G
will  represent  around  39  per
cent  of  mobile  subscriptions
Rupee likely to remain weak
AKHIL NALLAMUTHU
BL Research Bureau
The downward pressure on the
rupee  towards  the  end  of  last
week  was  carried  over  to  this
week.  Consequently,  the  do­
mestic  currency  broke  below
the  key  support  of  75  against
the  US  dollar on  Monday.  On
Tuesday,  INR  remained  below
that level and closed at 75.1650.
Thus,  the  year­to­date  loss  of
INR  against  USD  increased  to
nearly 2.9 per cent.
There is a notable decline in
the  dollar  index  over  the  past
few  sessions  and  crude  oil
crashed last Friday.  likely  to  maintain  the  bearish
Despite this, the rupee depre­
ciated  and  this  is  largely  be­
cause of considerable selling by
foreign  portfolio  investors
(FPIs). The FPIs, who remained
net buyers in November until a
week  ago,  have turned  net
sellers.  Net  FPI  outflows  stand
at ₹2,521 crore in the past week
compared  to  net  inflow  of
₹20,916 crore a week earlier.  in the near term is very low.
The equity segment took the
biggest hit as it has been under
strong selling pressure of late.
CM
YK
to  the  2019  average  and  Q2
2021, respectively.
“Overall,  2021  is  set  to  be  a
strong  year  for  international
trade....Trade  in  goods  is  pro­
jected to reach a record level of
$22 trillion in 2021. Trade in ser­
vices  should  be  valued  about
$6 trillion in 2021, still slightly
below pre­pandemic levels,” it
said.
In  2021,  the  value  of  global
trade in goods and services is
expected to increase by about
$5.2  trillion  relative  to  2020,
and by about $2.8 trillion relat­
ive to 2019, the equivalent of an
increase  of  about  23  per  cent
and 11 per cent, respectively.  cause of semiconductor short­
Global  trade  growth  stabil­
ised during the second half of
2021, increasing by about 1 per
cent quarter­over­quarter.
Risks remain
Commenting  on  future  risks
to  trade,  the  report  pointed
out  that  the  strong  economic
recovery of the first half of 2021
had slowed during the second
half.
In  particular,  economic
growth  to  services
continued.
RBI observed that credit to
agriculture and allied activit­
ies  continued  to  perform
well,  registering  an  acceler­
ated  growth  of  10.2  per  cent
in October 2021 as compared
to  7.2  per  cent  in  October
2020.  per cent a year ago.  ₹1­lakh  crore  by  FY23,  Crisil
Credit  growth  to  industry
picked  up  to  4.1  per  cent  in
October 2021 from a contrac­
ber 2020.  Personal  loans  continued
Credit to industries
Within  industry,  credit  to
medium  industries  re­
gistered  a  robust  growth  of
48.6 per cent in October 2021
in  India  at  the  end  of  2027  —
500 million subscriptions. The
number  of  smartphone  sub­
scriptions is expected to be 810
million at the end of 2021 and
is projected to grow at a com­
pounded  annual  growth  rate
(CAGR)  of  seven  per  cent,
reaching  over  1.2  billion  by
2027, it added.
Smartphone adoption
Smartphone  subscriptions  ac­
counted for 70 per cent of total
mobile  subscriptions  in  2021
and are projected to constitute
around  94  per  cent  in  2027,
driven  by  rapid  smartphone
adoption in the country.
“It (5G) will serve as a socio­
economic  multiplier  for  the
country and we are preparing
The net outflow in this segment
stands at ₹5,945 crore. On the
other hand, the debt segment
has seen positive flows i.e., net
inflow of ₹3,449 crore (includ­
ing  the  voluntary  retention
route).
Charts
The sell­off that began in early
November  on  the  back  of  the
resistance  band  of  73.85  –  74
continues  to  retain  the  mo­
mentum.  This  is  reiterated  by
the  recent  breach  of  the  sup­
port at 75. Therefore, currently
at 75.1650, the local currency is
bias. Nevertheless, INR has sup­
ports  at  75.20  and  75.40.  Not­
ably, 75.67 is the 52­week low.  high.  It  can  also  descend  fur­
However, if the rupee recov­
ers  above  the  support­turned­
resistance level of 75 because of
the recent weakness in the dol­
lar, it will face hurdles at 74.80
and  74.60.  The  probability  of
INR  appreciating  above  74.60
The dollar index, which was
rallying with a strong upward
momentum,  has  reversed
Global trade growth stabilised during the second half of 2021
growth of China in Q3 2021 was
below expectations and lower
than in previous quarters.
The Covid­19 pandemic con­
tinues to pose a threat as some
important  sectors  showed
signs  of  weakness  in  2021  be­
ages.  affect  international  trade,  the
“The  shortage  of  semicon­
ductors has already disrupted
many  industries,  notably  the
automotive  sector.  If  persist­
ent,  this  shortage  could  con­
tinue  to  negatively  affect  pro­
duction  and  trade  in  many
manufacturing  sectors,”  it
said.
Further,  additional  borrow­
ing of governments to sustain
their  economies  during  the
as compared to 20.8 per cent
last year. Credit to micro and
small  industries  accelerated
to  11.9  per  cent  in  October
2021 from 0.7 per cent a year
ago.  Credit  growth  to  large
industries  stood  at  0.5  per
cent in October 2021 as com­
pared  to  a  contraction  of  1.8
Credit  growth  of  services
decelerated to 2.9. per cent in
October  2021  from  8.6  per
cent a year ago.  ment  dues  will  provide  tele­
to grow at a robust rate of 11.7
per  cent  in  October  2021  vis­
a­vis  8.7  per  cent  in  October
2020, primarily due to hous­
ing,  vehicle  loans and  loans
against gold jewellery.
Average traffic per smartphone
in India is 2nd-highest globally
communication  service  pro­
viders for a seamless introduc­
tion of 5G in the country based
on our global deployment ex­
perience,  our  innovative  and
competitive  5G  portfolio  as
well as the 5G trials we are do­
ing  with  Indian  operators  to
showcase the possibilities with
5G,” Nitin Bansal, Head of Eric­
sson  India  and  Head  of  Net­
work  Solutions  for  South  East
Asia,  Oceania  and  India,  Eric­
sson, said.
lower after marking a high of
96.94  last  Wednesday.  Since
then, it has been declining and
it  is  currently  trading  around
95.70. The price action hints at
further  depreciation  with
nearest  support  at  95.50.  Sub­
sequent support is at 95. Weak­
ening dollar can add strength
to the rupee.
Outlook
Although  the  weakness  in  the
dollar is positive for the rupee,
continued  sell­off  by  the  FPIs
can  result  in  more  downside
for the rupee. 
Technically  too,  it  appears
weak and the likelihood of INR
touching 75.40 within a week is
ther  and  retest  75.67  in  the
forthcoming weeks. 
On the upside, recovery can
be capped at 75.
From the prespective of trad­
ing, since 75.20 can offer some
support,  one  can  consider
selling  INR  once  it  falls  below
75.20. Stop­loss can be at 74.90.
Exit the shorts at the prior low
of 75.67.
Covid­19 crisis could pose con­
tinuous  risks  of  financial  in­
stability, especially in the case
of  global  inflationary
pressures.
Efforts  towards  a  more  so­
cially  and  environmentally
sustainable economy can also
report cautioned.  mand as metros witnessed an
Alluding  to  the  carbon  tax
proposed by the EU on imports
from countries with lower en­
vironmental vigour, the report
said that government policies
can  aim  to  disincentivise  the
trade of product varieties with
high  carbon  content,  or  of
goods that are linked to the ex­
ploitation of labour or the en­
vironment.  portation  costs.  This  resulted
Crisil report says
hikes will boost
operating profits
by 40 per cent
OUR BUREAU
Mumbai, November 30
Tariff hikes by mobile operat­
ors  could  lift  their  operating
profit  by  over  40  per  cent  to
Ratings said.
“Improving  profits  along
with  moratorium  on  govern­
com companies (telcos) room
to invest an estimated ₹1.5­1.8
lakh crore for 5G services over
the  current  and  next  fiscals,
and  improve  their  return  on
capital employed (RoCE). The
tariff  hikes  will  also  support
He said there is an opportun­
ity worth $17.1 billion for busi­
ness providers in India.  The  Telecom  Regulatory  Au­
“If we zoom into the 5G op­
portunity in India, 5G will help
mobile  operators  achieve  an
incremental  revenue  growth
of about 48 per cent and this is
very similar to global trends,”
Bansal said.
Data traffic
The  reliance  on  mobile  net­
works  to  stay  connected  and
work  from  home  has  contrib­
uted to the average traffic per
smartphone increasing to 18.4
GB per month in 2021, up from
16.1 GB per month in 2020, he
added.
The  average  traffic  per
smartphone  in  the  India  re­
gion  is  the  second­highest
globally  and  is  projected  to
grow  to  around  50GB  per
month in 2027.  about the government’s tele­
PERSONAL
ANNOUNCEMENTS
I, G. Ramakrishnan, S/o. Govindaraju
Naidu residing at No.26, Buddhar st,
M.G.R. Nagar, Chennai - 600078. my
Wife correct name is R. Dhatchayani
and my wife correct date of Birth
09.06.1972 Via affidavit dt :30.11.2021
FMCG volume growth in Q2: NielsenIQ
Value growth at
12.6 per cent
OUR BUREAU
New Delhi, November 30
Inflationary  pressures  and
rural consumption slowdown
dragged  down  the  FMCG  in­
dustry’s volume growth in the
July­September  quarter,
though  value  growth  was  in
the double digits.  growth but  a  drop  in  con­
Price-led growth
According  to  insights  and  re­
search firm NielsenIQ, the in­
dustry’s  value  growth  was
pegged at 12.6 per cent in the
September  quarter  compared
to  the  same  period  last  year,
largely  backed  by  urban  de­
upswing.  Meanwhile,  volume
growth  was  estimated  to  be
just about 1.2 per cent.
“Overall,  the  Indian  FMCG
industry  witnessed  a  signific­
ant  price­led  growth  in  the
quarter on account of increas­
ing  commodity  and  raw  ma­
terial  prices,  and  high  fuel
prices leading to higher trans­
Telcos must invest towards
5G roll-out before
reaping returns REUTERS
their  credit  profiles  notwith­
standing  higher  invest­
ments,” according to Crisil.  tensity is because telcos need
ARPU to get push
Nitesh  Jain,  Director,  Crisil
Ratings,  said,  “Recent  tariff
hikes  and  ongoing  customer
upgrades could push the sec­
tor’s  ARPU  by  20  per  cent  to
₹160­165 next fiscal from ₹135
OUR BUREAU
New Delhi, November 30
thority  of  India  (TRAI)  on
Tuesday  released  a  detailed
consultation  paper  to  dis­
cuss  modalities  for  the  up­
coming  auction  of  5G  spec­
trum  bands  including
pricing,  quantum  of  the  re­
quired  radiowaves  and  asso­
ciated  conditions  like  up­
front payments.
The  Department  of  Tele­
communications  (DoT)  on
September  13  had  requested
TRAI to provide recommend­
ations  on  “Auction  of  spec­
trum  in  the  frequencies
identified  for  International
Mobile  Telecommunications
(IMT)/ 5G”.  cluding  on  associated  condi­
“Subsequently,  DoT,
through  its  letter  dated
September  23,  informed
TENDERS
Macro-economic factors continued to impact consumption growth
in  a  double­digit  nominal
sumption  (volume)  growth
for the industry,” the research
firm stated.
The  price­led  growth  or
value  growth  was  largely
driven  by  the  food  basket
which contributes 59 per cent
to the overall FMCG industry.
Volume growth was driven by
packaged  rice,  breakfast  cer­
eals,  butter­margarines  and
chocolates.
Macro­economic  factors
continued  to  impact  con­
sumption  growth,  the  re­
search firm added.  cities such as Kolkata, Hydera­
Rural regions see decline
Inflationary  pressures  led  to
consumption decline in rural
regions in categories such as
in the last fiscal. ARPU growth
will lead to non­linear growth
in  profitability  due  to  the
high  operating  leverage  of
the  telecom  sector.  The  sec­
tor’s  EBITDA  is  seen  surging
40  per  cent  to  ₹1­lakh  crore
next fiscal from ₹72,000 crore
in FY21. Yet RoCE will be mod­
erate at 7­8 per cent because of
high capital intensity and ad­
justed gross revenue dues.”
Capital intensive
“The  sector’s  high  capital  in­
to  continuously  invest  in
technological  upgradation
and spectrum purchase. After
having invested ₹5­lakh crore
over  fiscals  2017­2021  to  roll
out 4G services, they will now
need to invest towards 5G rol­
lout  before  reaping  returns.
com  reform  decisions  with
regard  to  future  spectrum
auctions  and  requested  TRAI
to  consider/ factor  in  the
same while providing recom­
mendations,”  TRAI  said  in  a
statement.
TRAI suggestions sought
Accordingly,  DoT  has,  inter­
alia,  requested  TRAI  to
provide  recommendations
on  issues  such  as  applicable
reserve  price,  band  plan,
block  size,  quantum  of  spec­
trum to be auctioned and as­
sociated  conditions  for  auc­
tion  of  spectrum  in  various
ranges, it said.
It  has  also  sought  com­
ments  from  stakeholders  in­
tions  like  upfront  payments,
applicable  moratorium
period  after  upfront  pay­
ments,  number  of  deferred
NEWS
edible oils, hot beverages such
as  tea,  salty  snacks,  personal
care and fabric care. FMCG sec­
tor  volume  witnessed  a  de­
cline of 2.9 per cent in rural re­
gions.  However,  FMCG  value
growth in rural regions stood
at 9.4 per cent in the Septem­
ber quarter.  manufacturers  to  increase
Diptanshu  Ray,  South  Asia
Lead,  NielsenIQ,  said,  “The
price  increase  has  led  to  ra­
tionalising  consumer  basket
which led to a decline in rural
consumption.”
He  added  that  urban  mar­
ket­led metros saw growth and
bad, Mumbai and Pune led the
growth.  “The  quarter  ending
in  September  saw  consumer
purchases inching back to pre­
Covid  levels.  Though  there
We  foresee  investments  of  at
least ₹70,000 crore at the 5G
spectrum auctions likely next
fiscal  —  if  the  bidding  is
prudent,” Jain added.
But  the  four­year  morator­
ium on government dues an­
nounced  by  the  Union  Cab­
inet  recently  could  provide
annual  cash­flow  relief  of
₹32,000  crore  over  the  next
four years to telcos that have
opted  for  it,  though  it  will
continue  to  be  considered  as
debt.  The  sector’s  debt  is  es­
timated  to  rise  to  ₹4.6­lakh
crore this fiscal because of ad­
ditional  liabilities  pertaining
to spectrum purchased at the
recent auction.
Financial leverage
Rakshit  Kachhal,  Associate
Director,  Crisil  Ratings,  said,
payment  instalments  and
other  related  modalities  for
auction  of  spectrum  with
validity  for  30  years;  for  cre­
ating  provisions  for  sur­
render  of  spectrum,  condi­
tions,  and  fee  for  such
surrender  of  spectrum;  and
7
continues  to  be  pressure  on
the consumer, this is offset by
the  encouraging  uptick  in
modern  trade  in  the  urban
markets,” Ray said.
Price segments
Popular price segments across
FMCG industry saw an uptick
in contribution to 59 per cent
(compared to 56 per cent in Q1
2020),  while  mass  price  seg­
ments saw a drop in value con­
tribution over the last quarter
to 17 per cent in the September
quarter  (compared  to  19  per
cent in Q1 of 2020).
“Over the recent months, in­
put  cost  pressure  has  forced
prices,  especially  of  food
products  and  cooking  medi­
ums. This had a severe impact
on small manufacturers in the
September  quarter,”  said
Sameer Shukla, Customer Suc­
cess Lead for NielsenIQ South
Asia.
Modern trade stores grew 17
per cent in this quarter, while
e­commerce  growth  re­
mained  steady  on  account  of
higher  base  effect,  the  report
added.
“The  sector’s  financial  lever­
age,  as  indicated  by  debt­to­
EBITDA, is expected to stay el­
evated  at  over  4  times  this
fiscal. Next fiscal, it could im­
prove  to  3.8  times  (2.4­2.5
times for the top two telcos),
helped  by  full  year  benefits
from tariff hikes. While lever­
age  will  improve  gradually,
the  credit  profiles  of  players
will continue to be supported
by the high entry barriers cre­
ated  by  large  investments  in
strategic  infrastructure  such
as spectrum rights, and tower
and fibre assets.”
That  said,  any  intense  bid­
ding for spectrum beyond the
metros and category A circles,
and  higher­than­expected  in­
vestment  in  fiberisation  for
5G,  could  have  a  bearing  on
credit profiles.
other  recommendations  on
regulatory/  technical
requirements.
It  has  sought  the  written
comments  on  the  issues  by
December  28  and  counter­
comments  by  January  11,
2022.
.. ..... . . ...BM-BME
 MUMBAI

8 COMMODITIES/AGRI-BUSINESS BusinessLine 
WEDNESDAY • DECEMBER 1 • 2021

Arabica parchment hits record ₹15,000/bag M&M plans to expand farming

Growers fear that concerns over the
spread of Omicron could limit their gains
VISHWANATH KULKARNI
Bengaluru, November 30
Farmgate  prices  of  arabica
parchment are hovering at re­
cord levels of around ₹15,000
per  50­kg  bag  tracking  a
global  uptrend  in  coffee
prices  after  bad  weather  hit
supplies from Brazil.
However, growers fear that
concerns  over  the  spread  of
Omicron  could  limit  their
gains.  Besides,  prolonged
cloudy  weather  has  delayed
the drying process, adding to
the production costs.
Arabica  parchment  prices
in  Karnataka  are  higher  by
around  50  per  cent  against
₹10,000  per  bag  during  the
same period a year ago. Simil­
arly, arabica cherry prices are
up  by  70  per  cent  at  around
₹6,000­6,400 compared with
₹3,500­3,700  in  the  year­ago
period. “In rupee terms, this is
the highest price. We haven’t
seen  such  prices,”  said  Bose
Mandanna, an arabica grower
in  Kodagu.  The  October­
November  rains  have  hit  the
harvest, which has resulted in
higher  production  costs  for
the growers, Mandanna said.
Monsoon impact
The  extended  monsoon  this
year  has  hit  the  arabica  crop
badly  and  losses  are  estim­
ated at around 30 per cent of
the  crop  over  last  year’s
99,000 tonnes.
The  USDA  India  Post  in  its
recent  estimate  pegged  the
2021­22  arabica  crop  lower  at
76,800  tonnes.  Unseasonal
rains in November are expec­
ted  to  impact  arabica  crop
yields by 2 per cent and delay
the  harvest  by  at  least  two
Prices in Karnataka are higher by around 50 per cent against
₹10,000 per bag during the same period a year ago
weeks,  USDA  said.  “It  is  a  re­
cord price. This is for the first
time we are seeing this price,”
said  B  S  Jayaram,  an  arabica
grower  in  Mudigere,
Chikmagalur. “Now, prices are
good for arabica but we don’t
have  a  good  crop  this  year.
There is around a 30 per cent
decline  in  crop  this  year  due
to  the  heavy  rains  and  berry
droppings,” he said.
Some  traders  are  buying
good  quality  arabica  parch­
ment  at  ₹15,000­16,000  per
bag,  but  are  strict  on  quality
parameters.  The  Arabica
parchment  purchase  price  at
Coffee  Marketing  Co­operat­
ive  (Comark),  which  stood  at
₹14,900  on  Sunday and  was
down  ₹14,600  on  Monday,
November 30.  expect  arabica  prices  to  re­
Jayaram  attributed  the  de­
cline in price on Monday was
due  to  the  concerns  over  the
spread of Omicron. “Growers
have been trying to dry their
coffees over the past 30 days.
Small growers who don’t have
dryers  or  poly  houses  have
faced difficulty in drying their
produce. Coffee drying is a la­
bour­intensive  process  and
the  prevailing  weather  has
pushed  up  the  expenditure.
With  good  sunshine,  coffee
can  be  dried  within  seven
days.  Now,  it’s  over  a  month,
but  growers  are  still  strug­
gling to dry their coffees. Har­
vesting and drying cost which
used  to  be  around  ₹2,000­
3,000  has  now  gone  up  to
₹7,000­8,000  per  bag,”  Ja­
yaram said.
“Arrivals  are  slow  and
prices  are  firming.  There’s
some  aggressive  buying  by
some  exporters  at  the  begin­
ning  of  the  year.  Overall,  we
main  firm,”  said  Ramesh  Ra­
jah,  President,  Coffee  Export­
ers Association.
service across 1,600 dealerships
Aims to provide
tech-driven
solutions
AYUSHI KAR
Mumbai, November 30
Mahindra  and  Mahindra  is
investing  in  farming­as­a­
service (FaaS) early on to be
a step ahead of its competit­
ors, anticipating the techno­
logical  transformations
that the sector will undergo
in the near horizon.
Ramesh  Ramachandran,
Senior Vice­President, Farm­
ing  as  a  Service  &  Head  of
Farm  Sector  Strategy  at
M&M told BusinessLine, that
the  ambition  is  to  expand
the  offering  to  all  of  1,600
Mahinda dealerships across
the  country and  impact  20
per  cent  (20  million)  of  In­
dia’s farmers in the coming
years.  see  Krish­e  from  a  purely
Krish-e vertical
Krish­e is a business vertical
in  Mahindra’s  farm  seg­
ment that  aims  to  provide
technologically  driven  ser­
vices to increase the income
per  acre  for  the  farmer,  ac­
cording  to  Ramachandran.
Launched  almost  two  years
ago,  so  far  Mahindra  offers
FaaS  services  through
Krish­e centres at Mahindra
and  Swaraj  dealerships  at
around  100  centres.  Under
the  Krish­e  banner,
Mahindra  offers  everything
from  agronomy  advisory,
access  to  farm  equipment
rentals to new age precision
farming solutions. 
Explaining  the  strategic
intent  behind  Krish­e,
Ramachandran  said,  “We
business lens. For us, this is
a strategic moat around our
core  business  which  is  in
tractors  as  well  as  now  in
the  farm  equipment  space.
By  adding  these  value­ad­
ded  services  through
Krish­e,  we  intend  to  make
the  farmer  more  prosper­
ous, and that in a way is con­
tiguous to our core business
– either  through  the  rental
of  farm  equipment,  pur­
chase of our tractors.”

Rains, illegal cultivation of HTBt Skymet declares ‘low’ over South Andaman Sea

variety likely to affect cotton yield
Incidences of pink
bollworm in some
regions may
impact farmers
KV KURMANATH
Hyderabad, November 30
Unseasonal  rains,  use  of  poor
quality  unauthorised  HTBt
(herbicide­tolerant  Bt)  cotton
seeds  used  in  cultivation  and
reports of pink bollworm incid­
ences in some areas have resul­
ted  in  a  drop  in  cotton  yields
during the current season.
Despite huge demand for the
fibre crop in the domestic and
international markets, farmers
are not able to cash in on the
high prices in several mandis,
particularly  in  Telangana  and
Andhra  Pradesh.  Industry  ex­
Industry experts peg the drop
in yields, production at 20­25%
perts peg the drop in yields and
production by 20­25 per cent.
“The  heavy  rain  caused  by
Cyclone  Gulab  in  Telangana,
Andhra Pradesh, Maharashtra,
Gujarat,  Madhya  Pradesh  and
Chhattisgarh  have  damaged
the standing crop of cotton at
many places. Excess rainfall in
Maharashtra,  Gujarat  and  Tel­
angana could affect the yield of
cotton, which is in the flower­
ing  stage,”  a  market  intelli­
gence  report  by  the  Prof.  Jay­
ashankar  Telangana  State
Agricultural  University  (PJT­
SAU) said.
M Prabhakara Rao, President
of  the  National  Seed  Associ­
ation of India, said unseasonal
rains  during  October  and
November, and pink bollworm
incidence  are  the  major  reas­
ons for poor yields and produc­
tion in cotton this season. “Use
of poor quality seeds supplied
in the name of 4G (fourth gen­
eration  Bt  seeds)  in  Gujarat,
Madhya  Pradesh  and  Maha­
rashtra is an important reason
for the drop in yields,” he said.  yields.  “This  is  a  serious  prob­
Ram  Kaundinya,  of  Federa­
tion  of  Seed  Industry  of  India
and  Alliance  for  Agri  Innova­
tion,  concurs.  “Cotton  yields
are lower by about 20 per cent
mainly due to unusually heavy
rains in the major cotton­grow­
ing areas of West and South In­
dia  during  September  to
November  2021,”  Kaundinya
said.  However,  Rajkot­based
raw  cotton,  cotton  yarn  and
waste trader Anand Poppat the
pink  bollworm  menace  has
been  reported  in  some  areas
but the climate was keeping it
under control.
HTBt in poor quality seeds
Kaundinya said the low quality
of genetics and physical quality
of  the  seed  used  in  the  illegal
supplies  has  affected  HTBt
lem  since  more  than  20  per
cent of cotton area in the coun­
try. The HTBt area in the South
and West is about 30 per cent of
the total cotton area there,” he
said.
Hints rapid
strengthening
as depression
VINSON KURIAN
Thiruvananthapuram, November 30
Rainfall  activity  over  Tamil
Nadu,  South  Coastal  Andhra
Pradesh  and  Rayalaseema  has
decreased  significantly
overnight  on  Tuesday  accord­
ing to an update by India Met­
eorological Department (IMD).
On  the  other  hand,  private
forecaster Skymet Weather has
invited  weather  watchers’  at­
tention  to  a  flurry  of  activity
over  the  South  Andaman  Sea
where  it  has  already  declared
the  formation  of  a  fresh  low­
pressure area.
Skymet Weather chose to pull
the  plug  ahead  of  IMD  and
called  the  low this  afternoon
and put it under watch for rapid
intensification as a depression
by  Wednesday itself.  Earlier,  a
The private forecaster said it is
too early to predict the landfall
remnant  of  a  cyclonic  circula­
tion from the Gulf of Thailand
and  adjoining  Myanmar  had
entered  the  South  Andaman
Sea area and reorganised into a
low­pressure system.
Cyclone not ruled out
The private forecaster predicted
that favourable environmental
conditions  may  help  the
weather system strengthen in a
rapid manner, even to a cyclone
over the next two days over the
central  parts  of  the  Bay  of
Bengal.  The  storm  is  likely  to
move  to  the  North­West  and
reach  within  the  proximity  of
the country’s east coast by Fri­
day  closer  to  Andhra  Pradesh­
Odisha  coasts  over  the  West­
Central  Bay.  Skymet  Weather
said, as of now, there is a little
uncertainty  about  the  place
and time of landfall. The coast­
line of Andhra Pradesh, Odisha
and West Bengal could be at risk
of being breached by the storm.
The  precise  time  and  place  of
landfall  can  be  predicted  after
two days.
Such  a  prediction  can  be
made only after the weather sys­
tem reaches the stage of a deep
depression  with  a  clearly
defined centre. Though the cli­
matology  suggests  it  could  be
heading  for  the  North  Andhra
Pradesh and Odisha coast, it can
be verified after two days only.
Peripheral  weather  activity  as­
sociated  with  the  storm  will
manifest along the coastline of
Andhra  Pradesh  and  Odisha
from Friday. North Odisha and
the  plains  of  West  Bengal  ap­
pear to be at high risk of stormy
weather.
‘Low’ likely in Arabian Sea
Meanwhile, IMD pointed to the
Arabian  Sea  where  a  cyclonic
circulation  lies  over  the  Mal­
dives­Lakshadweep areas with a
trough  extending  to  the  East­
Central  Arabian  Sea  off  the
Karnataka  coast.  This  will  pro­
gressively give rise to a low­pres­
sure area over the East­Central
Arabian  Sea  off  the  Maha­
rashtra  coast  as  early  as
Wednesday.
As already forecast, an incom­
ing  ‘active’  (well­endowed  in
terms  of  depth  and  moisture
carry)  western  disturbance  is
likely to affect North­West and
adjoining  Central  India  from
Tuesday and set up a productive
interaction  with  the  easterly
blowing  in  from  the  Bay  of
Bengal.

Paddy production in West Bengal Govt may tweak draft policy to treat COMMODITY CALL

expected to see a spike this year commercial farming at par with industry Stay away from

Harvesting has
started gaining
pace in the State
SHOBHA ROY
Kolkata, November 30
A marginal  decline  in  the
sowing area and delayed har­
vesting  due  to  the  untimely
rains  notwithstanding,  West
Bengal  is  likely  to  witness  a
higher  paddy  production
this year.  know  the  total  production
According to Pradip Kumar
Mazumder, Chief Advisor (Ag­
riculture) to the Chief Minis­
ter, a majority of the growing
areas have been witnessing a
bumper harvest so far.  BusinessLine.
Harvesting of paddy, which
commences by the end of Oc­
tober to early November, has
started  gaining  pace  in  the
State  and  is  expected  to  be
complete by early December.  production  which  is  estim­
“We  had  sown  a  little  less
than last year but in most of
the areas, the crop has seen a
bumper  production.  There
The State produces 10.5­11 mt of
paddy during the kharif season  across several districts in the
have  been  some  pockets  of
problems.  So,  we  will  get  to
only after it is aggregated. At
this moment, there is no con­
cern  of  shortfall.  This  year,
the  productivity  has  been
very  good,”  Mazumder  told
West  Bengal  produces
close to 10.5­11 million tonnes
(mt)  of  paddy  during  the
kharif season accounting for
nearly 70 per cent of the total
ated  to  be  close  to  15­16  mt  a
year and nearly 14 per cent of
the  country’s  total  produc­
tion. As per official estimates,
the State has 5.8 million hec­
tares under rice cultivation.
Delayed harvesting
Harvesting  of  the  early  vari­
ety  paddy,  which  starts  im­
mediately  after  Durga  Puja,
was  impacted  due  to  the  un­
seasonal rainfall. Paddy fields
State  were  submerged
underwater.
However,  the  common
variety,  which  is  harvested
usually from the first week of
November,  was  not  im­
pacted.  The  unseasonal  rain
has  also  impacted  Bengal’s
premium variety of aromatic
rice Gobindobhog.  Under  the  draft  policy,
“The excess moisture in the
field  has  made  the  crop  sus­
ceptible to pest and insect at­
tack  and  has  brought  down
production  by  nearly  30­40
per cent,” said Suraj Agarwal,
CEO,  Tirupati  Agri  Trade.
“This  would  help  keep  the
prices firm,” Agarwal pointed
out.
‘Distinction has
to be made on
water-intensive
cultivation’
OUR BUREAU
New Delhi, November 30
The  government  is  set  to  re­
consider  its  Draft  National
Water Policy that will treat wa­
ter­guzzling  commercial
farming  at  par  with  industry
as  far  as  prioritisation  for  its
use  is  concerned,  following
the  success  of  free  foodgrain
distribution  scheme  that  has
93­94 per cent off­take.
drinking  water  gets  the  top
priority  followed  by  agricul­
ture.  However,  a  distinction
has  been  made  on  water­in­
tensive  commercial  farming
with  a  recommendation  that
“it  must  progressively  adopt
water­saving technologies.”
“It is true that paddy is a wa­
ter­intensive  crop.  But  it  is
the  below  poverty  line  popu­
lation  by  four  months  until
March 31.
Need radical change
“Irrigation  water  consump­
tion  takes  up  80­90  per  cent
of India’s water use, of which
around  80  per  cent  is  con­
Drinking water gets top priority sumed  by  just  three  crops  –
followed by agriculture rice,  wheat  and  sugarcane,”
the draft policy said. “Without
also true that due to the stock a radical  change  in  this  pat­
available  with  the  govern­ tern  of  water  demand,  basic
ment, it has been able to dis­ water  needs  of  millions  of
tribute the rice/wheat free­of­ people, for drinking water or
cost under the Pradhan Man­ protective  irrigation,  cannot
tri  Garib  Kalyan  Anna  Yojana be  met,”  it  said  and  recom­
(PMGKAY) to 80 crore people,” mended  the  government  to
said an official.  align  its  structure  of  incent­
It is not practical to equate ives  and  investments  in  crop
water­guzzling  crops  at  par value  chain  development
with  industry  and  charge with  the  need  for  crop
them accordingly, the official diversification.
said,  adding  that  the  draft Though  the  government
might  be  reviewed  and runs  the  crop  diversification
tweaked before it is finalised. programme,  it  has  become  a
The  Cabinet  last  week  ex­ non­starter  with  the  increase
tended  the  PMGKAY  for  free in  procurement  of  rice  and
distribution  of  foodgrains  to wheat.  The  official  purchases
lead futures until
of  rice  under  Central  Pool key trends emerge
stocks has increased to 49 per
cent of production in 2020­21,
up from 30 per cent in 2013­14.
Similarly, in the case of wheat,
the  share  of  procurement  in
production has gone up to 40
per cent from 29 per cent dur­
ing the last eight years.
In  the  case  of  sugarcane,
farmers  are  undeterred  in
raising  production  despite
the  outcry  over  arrears  as
mills  delay  clearing  the  dues
due to a glut in sugar output.  AKHIL NALLAMUTHU
“The  Commission  for  Agri­ BL Research Bureau
cultural  Costs  and  Prices The  price  of  lead,  which
(CACP) has been recommend­ gained  gradually  since
ing  for  years  to  change  the March,  is  now  facing  a  slow­
current  procurement  policy down. Consequently, the con­
that  favours  rice  and  wheat tinuous  futures  of  lead  on
over other crops. But it is a dif­ the  Multi  Commodity  Ex­
ficult decision to take politic­ change  (MCX)  is  oscillating
ally. It has become more diffi­ sideways  i.e.,  between  ₹182
cult  after  the  repeal  of  farm and ₹194. Thus, unless either
laws,”  said  an  expert.  Hope­ of  these  levels  is  breached,
fully,  the  next  committee  to the next level of trend cannot
be  formed  on  agri  reforms be confirmed.
may help resolve this vexed is­ Indicating  a  lack  of  trend,
sue, he added. the  contract  is  trading
around  the  21­  and  50­day
moving  averages.  Also,  the
RSI and the MACD are hover­

Growers, traders oppose tyre industry Samunnati sees increase in lending ing in the neutral region. So,

traders are advised to stay on
the sidelines until either ₹182

demand to import duty-free rubber for climate­smart agri projects or ₹194 is breached.

V SAJEEV KUMAR
Kochi, November 30
The tyre industry’s demand to
allow duty­free imports of nat­
ural rubber to reportedly meet
a deficit of 4.4 lakh tonne this
fiscal  has  become  controver­
sial  with  growers  and  traders
opposing it.
Growers  point  out  that  the
tyre  manufacturers  had  im­
ported  only  48,800  tonnes  of
sheet  rubber  of  the  5,22,260
tonnes  consumed  last  fiscal.
As per Rubber Board data, the
year  ended  with  a  carryover
stock of 61,000 tonnes of sheet
rubber  with  growers,  and
93,000  tonnes  ofsheet  and
block rubber with traders and
processors.  ent that the volume of imports
Drop in price
Santhosh  Kumar,  Chairman,
UPASI Rubber Committee, told
CM
YK
BusinessLine that  the  natural
rubber (NR) imports have led
to a drop in price and it is evid­
has  a  direct  correlation  to
prices. Huge imports over the
past  eight  years  have  de­
pressed  NR  prices  that  have
resulted  in  cultivation  being
affected, besides growers’ live­
lihood.  According  to  MP  Cherian,
“Whenever  sheet  rubber
prices  in  India  go  up,  the  in­
dustry  always  demands  duty­
free  imports.  As  the  industry
cannot  run  at  loss,  how  can
growers  survive  at  low  prices
of  the  commodity,”  said  N
Radhakrishnan,  Advisor,
Cochin  Rubber  Merchants
Association.
“The logic of increased costs
of tyres does not hold good as
natural rubber only occupies a
small percentage of materials
used in the tyre. The price in­
crease has been much more in
other components of the tyre
manufacturers  such  as  steel
cord, textile, synthetic rubber,
fuel  costs,  etc.  Moreover,  the
increase  in  prices  of  the  raw
materials  in  tyres  is  being
passed  on  to  the  consumer,”
the UPASI Chairman said.  lending over the next two years
UPASI President, there should
not be any tinkering with im­
port duty on natural rubber in
response to the demand made
by the tyre sector.  funding  of  around  ₹1,000
Expects lending
to double over
the next two years
VISHWANATH KULKARNI
Bengaluru, November 30
Agri  value  chain  financier
Samunnati  expects  its  lending
to climate­smart compliant ag­
riculture  assets  to  more  than
double over the next two years
on rising awareness for mitigat­
ing climate change.  an eight­member team to focus
Anil Kumar S G, Founder and
CEO,  Samunnati  said  the  com­
pany’s lending to such assets is
seeing more traction. “We could
be about 25 per cent of the total
from the 10­12 per cent now and
it will only increase,” he said.  chain activities include lending
Out  of  its  total  lending  of
₹8,624 crore, so far, Samunnati
has  done  climate­smart  asset
Samunnati is looking to raise  Samunnati also has exposure
a fresh round of equity
crore, Kumar said. It has set up
on  the  climate­smart  agri  seg­
ment.  it, he said.  term trend can turn bearish.
Varied activities
Of  the  270­odd  identified  cat­
egories,  Samunnati’s  climate­
smart  asset  compliant  value
to  initiatives  on  soil  nutrient
improvement  (organic  input
and  output),  water  conserva­
tion  (precision  farming,  agro­
forestry, hydroponics, micro­ir­
rigation), wastage reduction in
food  processing,  cold  storage,
reduced emission (solar equip­
ment,  sustainable  dairy,  bio­
fuel  and  bio­mass)  reduced
chemicals  (precision  farming,
organic  input  and  hydro­
ponics), among others.
to millet­based activities, affor­
estation  activities  –  crops  that
increase the green cover and are
also  working  with  the  planta­
tion sector that helps preserve
Samunnati,  which  has  wit­
nessed  good  growth  in  the
credit disbursals in the agri sec­
tor,  is  looking  to  raise  a  fresh
round of equity. “We have a run­
rate of around ₹400 crore per
month  and  as  part  of  our
growth plans, we are launching
the process for next fundraise,”
Kumar said.
A breakout  of  ₹194  can
turn  the  outlook  positive.
Since  the  trend  prior  to  con­
solidation  has  been  up,  a
breakout can result in a good
build­up  of  positive  mo­
mentum.  This  can  lift  the
contract  above  the  critical
level  of  ₹200,  potentially  to
₹210.  Traders  can  consider
longs if ₹194 is breached. Ini­
tially, stop­loss can be placed
at ₹186 and then to ₹194 if the
contract  moves  above  ₹200.
Exit  the  positions  when  the
contract touches ₹210.
In  case  if  the  contract
breaks below ₹182, the short­
The  nearest  support  below
₹182 is the band of ₹173­₹175.
Subsequent  support  is  at
₹167.  Hence,  consider  selling
the contract if the price falls
below  ₹182.  Initial  stop­loss
can  be  ₹188  and  shift  it  to
₹182  if  the  contract  declines
below  ₹173.  Liquidate  the
shorts at ₹167.
.. ..... . . ...BM-BME
MUMBAI
BusinessLine
WEDNESDAY • DECEMBER 1 • 2021
LAND ACQUISITION FOR JEWAR AIRPORT
Villagers worry about compensation
Realtors in NCR region are excited by the
property price escalation linked to the
airport project but villagers are unhappy
GROUND REPORT
POORNIMA JOSHI
Nangla Hukum Singh
(Jewar airport site, UP), November 30
Worries  about  displacement
after  acquisition  of  their  vil­
lage  in  Phase  2  of  the  Jewar
airport  development  is  fuel­
ling  resentment  against  the
BJP  even  among  the  ruling
party’s most ardent support­
ers  in  these  parts.  Nangla
Hukum  Singh,  which  is  also
known  as  Karauli  Bangar,  is
among  the  six  villages  in­
Panel on Data Protection Bill
wants more time to file report
Chairman to move
motion today
OUR BUREAU
New Delhi, November 30
The  Joint  Committee  on  the
Personal  Data  Protection  Bill
has decided to seek yet another
extension to submit its report.
The  panel,  which  has  been
working on the Bill for the last
two years, finalised the report
last week.
Dissent notes
Almost  all  Opposition  parties
have  moved  dissent  notes
against  the  report  and  the
draft Bill prepared by the panel
alleging that the Bill is not in
tune  with  the  Supreme  Court
order, making privacy a funda­
Blume Ventures to make 30-35 investments with its latest fund Solar energy sector set for highest-ever
YATTI SONI
Bengaluru, November 30
As India continues to witness a
new unicorn every 10 days, the
fund size of venture capital firms
are also growing. Announced
earlier this week, the $105 million
first close of Blume Ventures’
Fund IV was bigger than the
firm’s $102 million fund III.
The historic AUM at
O
Blume was about $300
million and is expected
to grow to over $500
million by March 2022,
as Blume achieves the
final close of Fund IV.
Some of the portfolio
companies of Blume include
Unacademy, Spinny, Slice,
GreyOrange, Purplle, Dunzo,
Servify, Turtlemint, Classplus, and
Exotel among others.
BusinessLine spoke to Blume
Ventures’ managing partner,
Karthik Reddy on the company’s
recently announced fund IV and
the investment strategy going
forward. Excerpts:
Blume Ventures’ fund III was
Artium Academy starts online South Indian music courses
Want to become Harvard of music
education, says Founder and CEO
NARAYANAN V
Chennai, November 30
Artium  Academy,  a  Mumbai­
based  online  music  education
platform,  on  Tuesday  launched
south  Indian  music  learning
courses.  music,  there  needs  to  be  struc­
The  academy  also  roped­in
eminent  Carnatic  singer  Aruna
Sairam,  popular  south  Indian
film  playback  singer  KS  Chitra
and  voice  training  expert
Ananth  Vaidyanathan  as  its
board members.  by music industry stalwarts. Em­
“India has a rich tradition of
music  but  unfortunately  there
hasn’t  been  any  brand  or  plat­
form for music education in In­
dia which can boast of the leg­
acy  of  the  Royal  Scottish
Academy  of  Music  or  Berklee
College of Music or the Juilliard
School of Music that the western
world  has,”  Ashish  Joshi,
CM
YK
cluding  Mundhera,  Biram­
pur,  Kureb,  Ranhera  and
Dayanatpur where social im­
pact  assessment  of  the  air­
port  development  project
has  been  carried  out.  Villa­
gers  here,  most  of  whom
had  voted  for  the  BJP  MLA
Thakur  Dhirendra  Singh  in
the  2017  Assembly  elections,
are  seething  with  resent­
ment over what they feel is a
betrayal of their trust and at­
tempts  by  the  Yamuna  Ex­
pressway  Industrial
Development  Authority  to
acquire  their  land  and  dis­
place  them  without  due
compensation  or  certainty
of  a  job  in  the  Jewar  airport
project  which  was  inaugur­
ated  by  Prime  Minister  Nar­
endra Modi.
Evolving political situation
With  Assembly  elections
around  the  corner,  the  pan­
chayat  leaders  gather  to  de­
bate  the  political  situation
mental  right,  and  the  Justice
Srikrishna Commission report
on the matter.  January­March  2021  from  9.1
The  Chairman  of  the  panel
will  move  a  motion  on  Wed­
nesday seeking extension.
“That  this  House  do  extend
up  to  the  last  week  of  the
Winter  Session  of  Parliament,
2021, the time for presentation
of the Report of the Joint Com­
mittee  on  the  Personal  Data
Protection  Bill,  2019,”  the  mo­
tion says.  The survey, which defines un­
The report was to be tabled
in the first week of the Winter
Session.  An  Opposition  mem­
bers said he was not aware that
the tabling of the report will be
delayed. He said more than five
Opposition  members  have
moved  dissent  notes  against
the report of the panel.  2020 to 13.2 per cent.
$102 million, and the fund IV
is expected to close at
$180-$200 million. Did the
rising valuations in start-up
ecosystem push you to plan a
larger fund?
If you look at sectoral coverage in
the market, sectors have become
deeper  and  each  sub­sector  has
become stronger. In response, our
team  has  moved  on
from  a  three­partner
structure to a quasi­five
partner  structure  with
each focussing on a sub­
sector.  We  have  expan­
ded 25­30 per cent by the virtue of
giving more capital for five of us to
do  more  within  our  sub­sectors.
We are going from writing 25­30
cheques to 30­35 cheques.  Blume Ventures
Second,  our  investment  ticket
size  also  has  also  grown  in  re­
sponse to the market. If we were
paying $1 million for 15 per cent
ownership earlier, now we have to
pay $1.5 ­$2 million for the same
deal. While this feels like small in­
flation,  it  adds  about  25­30  per­
cent inflation on the capital that
one requires to just keep the rela­
Founder  and  CEO,  Artium
Academy  said  at  an  event  here
on Tuesday. “That is because In­
dia lacks structure or process in
music education. While we have
traditional methods of teaching
ture  to  put  it  together  and  Ar­
tium  was  created  with  that
thought in mind,” he added.
Launched  in  February  2021,
Artium  offers  performance­
driven  music  courses  designed
inent  music  virtuosos  such  as
Bollywood  singer  Sonu  Nigam
(who is also the patron­in­chief),
Shubha  Mudgal,  Aruna  Sairam,
KS Chithra, and keyboard artist
Louiz Banks are some of the fac­
ulty heads of the academy.  rest of the world.
Joshi said that the vision of Ar­
tium is to become the Harvard
of music education by offering
which  has  about  4,000
houses  belonging  to  Jats,
Jatavs,  Valmikis,  Prajapatis,
Kumhars  and  Khati  com­
munities.  He  predicts  a  BJP
win  because  “there  is  no  al­
ternative”  but  is  against  the
displacement  of  his  village.
“I  am  also  a  farmer.  The  dis­
trict administration is being
Villagers in Nangla Hukum Singh dishonest.  People  here  are
upset  but  in  the  end,  you
in  the  area  that  has  been  a watch  —  the  BJP  will  win  be­
Bahujan  Samaj  Party  (BSP) cause  ultimately  it  will  be  a
bastion  for  two  decades. Hindu­Muslim elections,” he
Dhirendra  Singh  wrested  it says.
in 2017 in a pro­BJP wave. The The  crowd  around  him
villagers  understand  that tries  to  shout  him  down.
the  real  contest  in  these Ashish  Chowdhary,  who  has
polls  is  between  the  ruling been heading the panchayat,
BJP and the Samajwadi Party­ restores  some  order.  “It  is
led  alliance  which  does  not too  early  to  say  anything
have  much  of  voter  support about  elections.  We  are  de­
base  in  these  parts.  But  the fending  our  livelihood  and
farmers’  movement  has our  land.  In  the  six  villages
boosted  the  prospects  of  SP that  were  displaced  because
ally  Jayant  Chowdhary­led of  the  airport,  they  were
Rashtriya  Lok  Dal  whose given commercial prices but
caste  support  base  among the  circle  rates  were  not  in­
the  Jats  is  providing  the  ne­ creased.  They  should  have
cessary  momentum  against got  four  times  the  price  but
the BJP. they got two times the price
Chowdhary  Dharmendra of their land and 100 square
Sevach  is  a  local  BJP  bigwig metre  land  in  the  displace­
in  Nangla  Hukum  Singh ment site. We do not want to
Urban unemployment rate touches 9.3%
OUR BUREAU
New Delhi, November 30
Urban unemployment rate for
all ages touched 9.3 per cent in
per cent in the same period of
2020. The Periodic Labour Force
Survey released by the National
Statistical Office (NSO) said the
unemployment  rate  among According  to  the  survey,  la­
males of all ages is 8.6 per cent bour force is the part of the pop­
and for women it is 11.8 per cent ulation which supplies or offers
during  the  period.  In  the to  supply  labour  for  pursuing
quarter  before  this,  the  unem­ economic activities for the pro­
ployment rate was 10.3 per cent.  duction  of  goods  and  services
and  therefore,  includes  both
employment  rate  as  the  per­ employed  and  unemployed
centage  of  unemployed  per­ persons.  “At  the  all­India  level,
sons  in  the  labour  force, in the urban areas, a total num­
showed  that  the  situation  has ber of 5,601 first­stage sampling
improved  from  April­June units  (FSUs)  have  been  sur­
2020, during the first lockdown veyed  during  January  –  March
when it was 20.8 per cent. It im­ 2021.  The  number  of  urban
proved  during  July­September, households  surveyed  was
44,000 and number of persons
Y
Z affecting the reserves also. It feels
like if you want to stay competit­
ive and back companies as much
as you like, then you want to be
able  to  have  at  least  a  $180­$200
million fund.  out  of  the  first  five  investments
Has the growing number of
start-up IPOs resulted in
increased LP (limited
partners) interest?
I would say there is an ‘increasing’
The funding rounds are interest from LPs, most of the sup­
getting bigger and the port that we have gotten so far is
valuations are also from the existing investors. By in­
getting bigger which creasing,  I  mean  LPs  are  more
means we have to deploy open to conversations now.  tunity is something you can’t wait
more capital
Are there any specific sectors
KARTHIK REDDY
Managing Partner, that you are excited to invest
in, with the new fund?
Z
Y Because of the pandemic, our pre­
tionship  going.  The  funding vious  cycle  felt  a  little  curtailed.
rounds are getting bigger and the We feel that the thesis areas that
valuations are also getting bigger we developed for our fund III, have
which means we have to deploy not  played  out  their  journeys  as
more capital.  yet. That cycle felt abrupt because
Earlier,  if  we  were  putting  $3 it was largely impacted by Covid.
million  in  a  $20  million  round, Bulk of our domestic outlay was
now we are doing $4 million out edtech combined with skilling of
of $20 million. So there’s inflation any kind, agritech, SaaS, B2B mar­
Singers KS Chitra (right) and Aruna Sairam and Ashish Joshi, Founder and CEO, Artium Academy, at
the launch of the South Indian music learning course, in Chennai, on Tuesday BIJOY GHOSH
premiumness. Speaking to Busi- to add another 8,000­9,000 sub­
nessLine on the sidelines, Joshi scribers by the end of the year.
said  that  the  addition  of  these We want to democratise the mu­
south  Indian  music  stalwarts sic as much as possible to make
will help the academy to attract it  available  for  everyone  across
a large number of music lovers the globe,” Joshi said.  learners above six years. Artium
from the south Indian diaspora, The  fully­online  platform,
which is spread across India and which  has  110  dedicated  teach­
ers, will provide one­on­one live
“We already have about 1,000 classes with interactive sessions,
subscribers  across  the  world. four  master  classes  every  year
With this launch, we would like with music maestros, access to a
leave  our  village.  If  the  ad­
ministration  wants  us  to  go
away,  they  have  to  make  it
worth  our  while.  They  give
money as compensation but
it  vanishes.  There  is  no  job
security  and  we  lose  our
land  in  the  process.  It  is  not
fair,” says Chowdhary.
‘Affected villages’
He  counts  six  villages  —
Nangla  Ganeshi,  Rohi,
Nangla Chitar, Nangla Sharif
Khan,  Dhayanatpur  Kheda
and  Jhangira  Jhopdi  —  as
having  been  displaced
without  adequate  compens­
ation  or  land.  “Our  people
have  been  hoodwinked.  The
airport  would  help  real­es­
tate  developers  in  Greater
Noida. But what will happen
to us?” he asks.
The  sentiment  in  the  sur­
rounding areas is similar. Ac­
cording to Rakesh Sharma in
Sabota  village,  the  BJP  is  a
“master at creating mirages.
We  all  have  got  sand  in  our
eyes.  We  have  been  made
fools  of.  There  are  no  jobs
and  these  people  are  taking
away  our  land  too,”  he
charges.
surveyed was 1.72 lakh in urban
areas,”  the  Ministry  said  in  a
release.
CPI-IW increases
The  All­India  Consumer  Price
Index for Industrial Workers for
October increased by 1.6 points
and stood at 124.9. It increased
by 1.30 per cent with respect to
September,  2021  and  1.19  per
cent  compared  to  October,
2020.  ded.  dertakings under Phase­II of the
“The maximum upward pres­
sure  in  current  index  came
from  Food  &  Beverages  group
contributing  1.31  percentage
points to the total change,” the
Union Labour Ministry said.  “Similarly, food inflation stood
Chief  Labour  Commissioner
DPS  Negi  said  at  centre  level,
Udham Singh Nagar recorded a
maximum  increase  of  5.8
points  followed  by  Ramgarh
and  Biswanath­Chariali  with
ketplaces, among others and we
would continue to invest in those
sectors.  G BALACHANDAR
For instance, we had done one
investment in EV before and now
from fund IV, two will be in elec­
tric vehicle space. Also, two out of
our  first  six  investments  will  be
SaaS companies.  city addition in the solar power
What is the ‘Conviction
capital’ philosophy of Blume?
Early  stage  venture  capital  is
about  founders  and  the  market
opportunity.  And  market  oppor­
for  the  founder  to  sell.  Founder
should do a good job at selling but
as a VC one should have an inher­
ent  view  on  that  market  oppor­
tunity. That’s why you would bet
on  something  radical  as  farm
automation,  or  argi­credit.  We
have become very thesis/research­
oriented. One is to build convic­
tion that something massive is go­
ing to happen in this space, then it
has to be corroborative with the
great set of founders coming in,
that’s when the magic happens.  stantial  surge  in  installations,
vast library of contents besides
performing  a  platform  to  re­
lease  musical  singles  for  high­
performing singers.
The  courses  are  open  for
charges  ₹750  per  hour  for  the
basic  courses  and  ₹1,000  per
hour  for  advanced  courses  for
learners in India. Outside India,
it  is  priced  at  $25  and  $30  per
hour, respectively.
Opposition likely to change strategy in
House if suspension of MPs is revoked
Parties to demand
debate on all
legislations and
Government business
OUR BUREAU
New Delhi, November 30
The Opposition may change its
strategy in Parliament and will
cooperate with the House pro­
ceedings if their demand for re­
voking  the  suspension  of  12
MPs  from  Rajya  Sabha  is  con­
sidered. A meeting of 16 Oppos­
ition  parties  decided  to  de­
mand  proper  discussion  and
debate  on  all  legislations  and
other  Government  business
which will be taken up during
the  ongoing  Winter  Session.
The  Telangana  Rashtra  Samiti
also  participated  in  the  meet­
ing chaired by Congress leader
Rahul Gandhi.  MPs was moved and it was ap­
Senior  Opposition  MP  NK
Premachandran  told  Business-
Line that  the  attempt  of  the
Government  was  to  instigate
disruptions  in  Parliament  by
suspending  senior  members
from Rajya Sabha. “Suspending
members citing disharmony of
previous session is unheard of
in  the  past.  The  Government
4.6  points  and  4.0  points  re­
spectively.  “Among  others,  five
centres  observed  an  increase
between  3  to  3.9  points,  22
centres between 2 to 2.9 points,
39  centres  between  1  to  1.9
points and 16 centres between
0.1  to  0.9  points.  On  the  con­
trary, Ludhiana recorded a max­
imum  decrease  of  0.3  points
followed by Idukki and Darjeel­
ing with 0.2 points each,” he ad­
Meanwhile,  year­on­year  in­
flation for October stood at 4.50
per  cent  compared  to  4.41  per
cent for September and 5.91 per
cent  during  October,  2020.
at 2.20 per cent against 2.26 per
cent of the previous month and
8.21 per cent during the corres­
ponding month a year ago,” the
Labour  Ministry  said  in  a  re­
lease.  tioned 2,877 EVcharging stations
annual capacity addition in 2021
Chennai, November 30
The  renewable  energy  sector  is
likely  to  end  2021  with  record
new  capacity  additions  by solar
sector  and  a  strong  revival  in
wind power segment. New capa­
segment has is 10.19 GW (includ­
ing utility scale, rooftop and off
grid systems) for the period Janu­
ary­October  2021.  Solar  sector’s
previous  highest  capacity  addi­
tion  in  a  calendar  year  was  9.6
GW in 2017.  scale solar capacity and about 3
“2021  is  going  to  witness  the
highest ever solar installations in
India  to  date.  Projects  that  got
delayed because of the Covid situ­
ation  are  now  getting  commis­
sioned and the next two quarters
are going to witness huge capa­
city  additions,”  Jyoti  Gulia,
founder, JMK Research and Ana­
lysis, told BusinessLine.
Surge in installations
The current quarter will see a sub­
NITI Aayog: Levy fees on waste generators
to encourage source segregation, recycling
PRESS TRUST OF INDIA
New Delhi, November 30
Government  think  tank  NITI
Aayog has suggested imposing
a waste collection fee from gen­
erators  in  proportion  to  the
total  quantity  of  waste  being
disposed.
It  also  suggested  that  wet
waste can be disposed in-situby
composting,  and  dry  waste
through  sale  to  the  local
raddiwala.
“This  intervention  entails  a
waste  collection  fee  from  the
waste generator in proportion
to  the  total  quantity  of  waste
being disposed. Waste generat­
ors  will  be  incentivised  to  se­
gregate,  treat  and  dispose
waste at source, leaving a smal­
ler amount to be handed over
to  the  municipal  system,”  it
said.
The  suggestions  are  part  of
the fiscal incentives and disin­
centives proposed by the NITI
Aayog to encourage source se­
NEWS
Opposition has dubbed the
action against its members
“excessive” PTI
does not want proper function­
ing  of  the  House  as  they  are
happy  to  pass  the  legislations
without any debate. The Oppos­
ition  will  see  through  this
agenda,”  Premachandran
claimed.
The  Opposition  members
walked  out  of  Rajya  Sabha  ur­
ging Chairman Venkaih Naidu
to  revoke  the  suspension.
Naidu denied the request and
said  a  motion  to  suspend  the
proved on Monday and the ac­
tion is final.
“You  try  to  mislead  the
House, you disturb the House,
you  ransacked  the  table,  you
also threw papers on the chair
and also some of them have got
on to the table and then you are
giving  me  lessons.  This  is  not
the way,” he said replying to an
Under FAME II, Govt has
supported 1.65 lakh EVs
OUR BUREAU
New Delhi, November 30
The government on Tuesday said
it  has  supported  around  1.65
lakh electric vehicles (EVs) as on
November 25, by way of demand
incentive  amounting  to  ₹564
crore, and further, 6,315 electrical
buses  have  been  sanctioned  to
various  State/city  transport  un­
Faster  Adoption  and  Manufac­
turing  of  (Hybrid  &)  Electric
Vehicles (FAME) scheme.
The Ministry of Heavy Indus­
tries (MHI) had formulated the
scheme in 2015 to promote ad­
option  of  electric/  hybrid
vehicles. Phase­ l of the scheme
was  available  up  to  March  31,
2019.
“The  Ministry  has  also  sanc­
with expected addition of about
3.5 GW of utility scale solar, 1.2 GW
of wind capacity and 1 GW of hy­
brid  capacity.  JMK  Research  es­
timates that about 11 GW of utility
GW rooftop are expected to be ad­
ded  in  2021.  Wind  power  seg­
ment  is  likely  to  add  2.8  GW  of
new  capacity,  the  highest  num­
ber in recent years.  ment document.
If  the  third  wave  of  the
Covid­19  pandemic  does  not
strike  between  November  and
December  2021,  then  it  is  likely
that  the  renewable  sector  will
achieve this target, it added. The
Centre has set a target for achiev­
ing 175 GW of renewable energy
capacity  by  the  year  2022.  As  of
gregation  as  India  grapples
with the surge in waste genera­
tion  which  is  expected  to  in­
crease three­fold by 2050.
India  generates  about  49.8
million  tonnes  of  solid  waste
annually.  World  over  annual
waste generation estimates are
pegged  at  almost  2  billion
tonnes,  and  are  expected  to
grow  to  3.4  billion  tonnes,  an
increase of 70 per cent by 2050.
The public policy think tank
suggested that use of waste can
be incentivised by developing
innovative  waste­based  tech­
nologies  and  products,  and
linking  waste  utilisation  to
fiscal or other benefits.
Tax incentives
“Benefits may be in the form of
relief in house tax, water tax or
property  registration  tax,  or
fast tracking of mandatory per­
missions,” it said.
“Mandatory  or  preferential
procurement of products that
9
appeal  by  Opposition  leader
Mallikarjun Kharge. 
“I  don’t  think  the  appeal  of
the Leader of the Opposition is
worth  considering.  I  am  not
considering it at all,” he added.
Kharge  later  sent  a  letter  to
Naidu. He said the suspension
of the members is an unpreced­
ented  excessive  action.  CPI(M)
leader  in  Rajya  Sabha
Elamaram  Kareem  said  his
name was not even on the list
of people named by the Chair­
man after the incidents during
Monsoon Session.
Kharge said it is wrong to as­
sume  that  the  motion  was
passed by the House as the en­
tire Opposition was opposed to
the motion and therefore can­
not  be  the  consensus  of  the
House just because of the ma­
jority of the ruling party. “The
members were denied any op­
portunity to present their case.
One  of  the  suspended  mem­
bers  was  never  referred  to  in
the  Bulletin  dated  August  11,
2021. As per the Rules of Proced­
ure  and  Conduct  of  Business,
this action of suspension has to
be preceded by the naming of
the members under the provi­
sions  of  Rule  256  (1),”  Kharge
added.
amounting to ₹500 crore in 68
cities  across  25  States/  UTs  and
1,576 charging stations amount­
ing to ₹108 crore across nine ex­
pressways  and  16  highways
under FAME India scheme phase
II,”  the  MHI  informed  the
Parliament.
The  government  notified
Phase­II  of  FAME  India  scheme
on March 8, 2019, which is for a
period  of  five  years  (effective
April 1, 2019) with a total budget­
ary support of ₹10,000 crore.
This  phase  focusses  on  sup­
porting electrification of public
and  shared  transportation  and
aims  to  support,  through  sub­
sidies,  around  7,000  e­Buses,
five­lakh electric three­wheelers,
55,000 electric four wheeler pas­
senger cars and 10 lakh electric
two­wheelers.
October 31, 2021, India had 103.04
GW  of  renewable  capacity,  of
which solar accounted for 47.66
GW  while  wind  power  contrib­
uted  39.99  GW.  Biopower  and
small hydro accounted for 10.58
GW and 4.82 GW respectively. But
including the large hydro sector,
the total installed capacity in the
renewable sector is about 150 GW. 
Meanwhile,  projects  worth
63.64 GW capacity are under vari­
ous  stages  of  implementation
and  32.06  GW  capacity  under
various stages of bidding. There­
fore, a total of 245.70 GW capacity
has  either  been  installed  or  un­
der various stages of implement­
ation/bidding,  says  a  govern­
 
Also, letters of award were is­
sued on October 4, 2021, to estab­
lish aggregate capacity of 5,000
MW of solar PV power plants us­
ing domestically produced solar
PV cells and solar PV modules by
IREDA under Tranche­III of Union
Ministry of New and Renewable
Energy’s CPSU Scheme Phase­II. 
have  recycled  waste  content
above  a  prescribed  threshold
may  be  considered  for  adop­
tion,” it said.
It suggested that private lan­
fill  operators  should  be  in­
centivised  to  minimise
dumping if the duration of op­
eration  permit  is  determined
by  airspace  available  in  the
landfill, and not on number of
years of operation.
.. . . . . . ...BM-BME

10 NEWS
States step up genome sequencing of Covid samples
A clear picture is expected later in
the week, say public health experts
RUTAM VORA
Ahmedabad, November 30
As  the  threat  of  Omicron’s
entry into India looms large,
States  have  increased  their
genome  testing  of  samples
to  identify  the  new  variant
that  has  triggered  panic
across the world.  ome  sequencing,  the  source
A clear  picture  is  expected
later  in  the  week,  say  public
health  experts  from  across
the country.
According  to  sources,
around 3,500 samples are be­
ing  sent  on  a  daily  basis  for
Covid  testing  in  Gurugram.
“And, as per the government
guidelines,  we  also  send  5
per  cent  of  the  samples  of
Mumbai, Pune and Nashik
postpone reopening of schools
OUR BUREAU
Pune, November 30
The  civic  bodies  of  Mumbai,
Pune and  Nashik  have  post­
poned  the  reopening  of
schools against the backdrop
of concerns being raised over
the spread of Omicron.
The  State  government  had
announced  that  classes 1  to  7
would reopen on December 1.
But  now  it  has  been  post­
poned  to  December  15  in
Mumbai,  according  to  the
local civic administration.
In  Pune,  the  Pune  Muni­
cipal  Corporation  will  take  a
call  on  reopening  classes  on
December  15.  In  Nashik,  the
civic body has not announced
the  date  of  reopening  of
classes.
However, in some cities like
Kolhapur,  the  local  adminis­
tration has decided to stick to
the  State  government’s  de­
cision  and  reopen  classes
from  December  1.  After
All about MSP and the demand for a legal backing
SUBRAMANI RA MANCOMBU
Chennai, November 30
What is MSP? Why
was it introduced?
MSP is the minimum support
price. It was first introduced in
the  1965­66  season  (July­June)
for wheat, and it now covers 23
crops.  It  is  announced  weeks
ahead  of  the  Kharif  and  Rabi
sowing  seasons.  It  was  intro­
duced  to  incentivise  farmers
to grow food crops when India
faced a shortage of foodgrains.
Government agencies such as
the Food Corporation of India
use the MSP to procure wheat
and  paddy
for  the  Cent­
ral  pool.  In
the  case  of
maize,  cotton,  pulses  and  oil­
seeds,  the  Centre  steps  in  to
procure  them  when  their
prices rule far below the MSP
and farmers resort to distress
sale.
In recent years, the focus of
MSP  has  been  to  encourage
farmers to grow nutri­cereals,
oilseeds  and  pulses,  rather
than wheat or rice. The reason
CM
YK
Airports set to roll out new travel norms
Health Ministry issues fresh advisory for the
screening of travellers from ‘at risk’ countries
MONIKA YADAV
New Delhi, November 30
With  new  travel  guidelines,  in­
cluding  the  testing  of  interna­
tional  passengers  from  ‘at  risk’
countries  coming  in  place  from
December  1,  the  Delhi  Interna­
tional Airport Ltd has already im­
plemented the new protocols. At
present,  there  are  12  countries
that are ‘at risk’, including the UK,
South  Africa,  Brazil,  Bangladesh,
Botswana, China, Mauritius, New
Zealand,  Zimbabwe,  Singapore,
Hong Kong, and Israel.
Health Minister Mansukh Man­
daviya informed the Rajya Sabha
that  no  case  of  the  new  variant
has  been  detected  in  India  yet.
“Omicron variant has been found
in  14  countries  now.  It  is  being
studied here, although it has not
been reported in India,” said Man­
daviya,  adding  that  all  precau­
tions need to be taken against the
new variant.  Karnataka Health Minister K Sud­
“We have learnt a lot during the
the international passengers
on  a  random  basis  for  gen­
ome  sequencing,”  said  the
source.
Besides, whether the result
is  negative  or  positive,  it
takes  around  4  days  to  get
the  complete  result  of  gen­
explained.
In  other  States  such  as  Ra­
jasthan  and  Gujarat,  which
have  fewer number  of  posit­
ive  cases,  100  per  cent
samples  are  currently  being
sent  for  Whole  Genome  Se­
quencing (WSG).
As  per  the  data  shared  by
Gujarat  Biotechnology  Re­
search  Center  (GBRC),  the
rounds  of  discussions  with
the  State­appointed  Paediat­
ric  Task  Force,  the  Maha­
rashtra  State  Cabinet  an­
nounced  last  week  the
reopening  of  schools  for
standards 1 to 4 in rural areas
and 1 to 7 in urban areas from
December 1.
However,  with  Omicron
threat  looming  large,  local
governing  bodies  are  show­
ing  unwillingness  to  reopen
classes.
is India has mountains of food­
grains  while  spending  a  con­
siderable  amount  of  foreign
exchange in importing edible
oils  and  pulses.  Last  oil  year
(October  2020  to  September
2021),  India  spent  ₹1.17­lakh
crore importing edible oils to
meet domestic demand.
Do all farmers
benefit from MSP?
No, all farmers do not benefit
from  MSP.  During  the  mon­
soon session, the government
told  Parliament  that  a  little
over  14  per  cent  of  land­own­
ing  farm­
ers  benefit
from  MSP.
It  pegged
the number of MSP beneficiar­
ies at 2.1 crore during 2020­21.
Even  in  paddy  and  wheat,
the largest procured commod­
ities  under  the  MSP  pro­
gramme of the Centre, not all
farmers across the country be­
nefit. For example, the MSP for
maize is 1,870 a quintal this sea­
son,  but  in  most  growing
centres prices are ruling lower.
pandemic.  We  have  resources
and labs to check. At present, no
Omicron variant has been repor­
ted  in  India,  and  all  measures
have  been  taken  to  ensure  this
variant does not reach the coun­
try,” he said.
Health  Secretary  Rajesh
Bhushan  chaired  a  high­level
meeting  with  Niti  Ayog,  ICMR,
Bureau  of  Immigration,  repres­
entatives from the Ministry of Ex­
ternal  Affairs  and  officials  from
the States and Union Territories,
and emphasised on rigorous sur­
veillance of international passen­
gers. 
He asked the States to ramp up
testing for the timely detection of
infected  cases.  According  to  the
ICMR, Omicron cannot escape RT­
PCR and RAT (rapid antigen test).
Home quarantine
States  followed  suit  with
hakar  underlining  that  RT­PCR
genome  sequencing  lab  has
so  far  sequenced  a  total  of
2,932  samples,  of  which,
1,407  were  B.1.617.2  or  Delta
variant.
“Every  month  we  process
200­250 samples. Most of the
samples  we  have  sequenced
are  of  Delta  variant  so  far,”
CG Joshi, Director, GBRC, told
BusinessLine.
According  to  a  senior  Gu­
jarat government health offi­
cial,  the  State  is  sending  100
per  cent  of  its  positive
samples  for  WGS  on  a  daily
basis.  “All  those  positive
samples  that  have  CT­value
below 25 are sent for genome
sequencing.  The  results  are
out  in  4­5  days,”  said  the
official.
The  Central  government’s
mandate  says  minimum  five
Will the new CEO of Twitter be able to change the narrative?
DEBANGANA GHOSH
Mumbai, November 30
Residents of Anushakti Nagar, a
township  of  the  Bhabha
Atomic  Research  Center  in
Mumbai,  had  a  moment  of
pride when Parag Agrawal, the
son  of  their  former  colleague,
RG  Agrawal,  was  named  the
CEO  of  global  social­media  gi­
ant Twitter.  and 2017.  management.”  Faisal  Kawoosa,  Founder  and
The  colony’s  groups  and
pages  on  Facebook  and  Ins­
tagram started circulating old
images of the boy who grew up
with  them  and  studied  in  the
township’s  Atomic  Energy
Central  School  before  moving
to  IIT­Bombay  and  Standford
University to complete his doc­
torate in Computer Science.  that would help better control
Singer  Shreya  Ghoshal,  a
former  resident  and  a  class­
mate of Agrawal, took to Twitter
to applaud her old friend.  that the people who have been
The product guy
Before joining Twitter a decade
ago in 2011 as a software engin­
Similarly, the MSP for rice and
wheat  is  realised  only  when
farmers  sell  their  produce  to
government  procurement
agencies.
But  there  are  examples  of
crops  ruling  much  higher
than MSP, too. Prices of cotton,
oilseeds and pulses have been
ruling  higher  than  the  MSP
this year. In the case of cotton
and oilseeds such as soyabean,
prices zoomed to record highs
in line with the trends in the
global market.
Why is MSP in
the news today?
MSP is currently in the news as
a section of the farmers, who
‘Measures are being taken to ensure Omicron does not enter India’
testing  has  been  made  mandat­
ory  for  around  2,500  interna­
tional  passengers  who  arrive  in
Karnataka every day. 
Speaking to reporters after the
technical  advisory  committee
meeting,  Sudhakar  said  that
those who test negative will have
to undergo home quarantine for
seven days.
Airports  across  the  country
have geared up to implement the
new protocols. “We have already
made the arrangement for 1,400
per  cent  of  the  positive
samples  need  to  be  sent  for
genome  sequencing  on  a
daily basis.
The scene down south
Besides  Rajasthan  and  Gu­
jarat,  Tamil  Nadu  has  also
started  doing  WSG  at  the  ge­
eer,  Agrawal  had  stints  at  Mi­
crosoft Research, AT&T Labs and
Yahoo! Research.  while the founder will have an
At Twitter, he rose to become
the  first  Distinguished  Engin­
eer  through  his  performance
across  revenue  and  consumer
engineering  verticals,  includ­
ing his impact on the accelera­
tion of audience growth in 2016
In  2017,  he  took  over  as  the
CTO of Twitter, following which
he  was  tasked  to  lead  Project
Bluesky in December 2019. He
was  heading  an  independent
team of open source architects,
engineers and designers to de­
velop  an  open  and  decentral­
ised standard for social media
abusive  and  misleading  in­
formation on its platform.  Sanchit Vir Gogia, Chief Analyst
“The  industry  trend  now  is
the  closest  to  the  product  are
being right fully chosen to lead
the business. Look at other In­
dian  CEOs  like  Satya  Nadella,
protested against the farm re­
form  laws  passed  by  Parlia­
ment  in  September  last  year,
demanded a legal guarantee.  than price, which itself is not
They  have  now  made  this
their  main  demand  to  with­
draw their protest after Prime
Minister  Narendra  Modi  an­
nounced the repeal of the farm
laws. The Bill to repeal the farm
laws was cleared by the Parlia­
ment  on  the  opening  day  of
the Winter Session on Monday.
Farmers  are  demanding  a
legal guarantee as some of the
Opposition parties have raised
the  fear  that  the  objective  of
the  farm  reforms  was  to  end
the  MSP  system.  The  Centre
has,  time  and  again,  made  it
clear it has no such intention.
During the last couple of years,
it has been making record pro­
curement of rice and wheat at
MSP,  which  farmers  refuse  to
look at.
Will a legal backing for
MSP, a statutory MSP,
solve all the ills that
plague the agri sector?
No, remunerative price or MSP
passengers  at  the  airport.  Cur­
rently,  about  10,000  passengers
arrive  at  the  Delhi  Airport  in  24
hours. We have made an arrange­
ment  for  the  RT­PCR  test,  along
with  their  snacks  and  drinks,”
said Delhi airport official.
“The  passengers  cannot  leave
the airport unless the RT­PCR re­
port is generated. They need to re­
main seated for 4 to 6 hours at the
airport, and they also have to be
given separate space. So, we had
to increase the space as the pas­
nomic  lab,  inaugurated  re­
cently in Chennai at a cost of
₹2.5  crore.  Earlier,  the
samples were either sent Hy­
derabad or Bengaluru, and it
would  take  time  to  get  the
results.  Till  Monday  night,
Tamil  Nadu  had  sent  a  total
of  6,714  samples  for  WSG,  of
which, 4,618 were sequenced
and  3,964  were  found  to  be
of the Delta variant. In other
words,  86  per  cent  of  the
samples  sequenced  had
Delta  variant,  said  a  senior
government official.
However, so far, Delta AY4.2
or B.1.1.529 (Omicron) has not
been reported in Tamil Nadu,
he said.
On  Tuesday,  the  Indian
SARS­CoV­2  Genomics  Con­
sortium  (INSACOG),  in  its
Weekly  Bulletin,  stated  that
Parag Agrawal
Sundar  Pichai  or  Arvind
Krishna, they come from engin­
eering backgrounds.  mentorship, support, and part­
“They  understand  the
product  and  the  company
strategy well, but most import­
antly,  they  know  the  future
roadmap  of  the  products,”
and  CEO  of  Greyhound  Re­
search, told BusinessLine
He added: “When a founder
steps  down  and  professional
management comes into place,
it  is  good  for  the  company.
is  only  one  part  of  the  prob­
lems  farmers  face.  Farmers
face  many  other  issues  other
guaranteed  given  the  influ­
ence of politicians and cartels
in mandis.  significantly, compared to the last
Legal  backing  for  the  MSP
could also lead to the danger
of  the  trade  keeping  away
from  places  where  the  law  is
implemented  vigorously.  For
example, when Punjab said it
would  make  MSP  legal  and
binding,  wheat  traders  said
they would keep off the state
to  avoid  trouble  for
themselves.
How are the crops that
are outside MSP faring?
Vegetables,  fruits,  flowers,
spices  and  plantation  crops
are  among  the  crops  not
covered  by  MSP.  Their  prices
fluctuate on seasonal demand
and  supply.  These  crops  are
also  more  vulnerable  to
weather  changes  such  as
floods and droughts. However,
farmers  have  been  raising
their production each year.
senger load increased a little from
earlier,”  said  the  official.  Mean­
while, he also said that the airport
has made arrangement in such a
way that passengers could be re­
lieved  of  all  formalities  at  the
earliest.
Airport officials said that if any
passenger  is  tests  positive,  then
that candidate would be handed
over  to  the  Delhi  Disaster  Man­
agement  Authority  for  further
course of action. “As per new gov­
ernment  guidelines,  passengers
must wait for their results to be
released before they can leave the
airport  terminal  building.  Ban­
galore  Airport  has  always  en­
sured  adherence  to  Covid  pro­
tocol  during  the  passengers’
waiting  period  inside  the  ter­
minal.  We  are  working  closely
with all airlines and other stake­
holders  to  implement  the  new
procedures and minimise incon­
venience  to  passengers,”  a  Ban­
galore International Airport Ltd’s
spokesperson told BusinessLine.
(With inputs from Bengaluru
Bureau)
the total number of samples
sequenced  by  it  stood  at
99,255 as of November 15.
This is an addition of 2,943
samples  over  the  previous
week, ended November 8. Of
the total samples sequenced,
29,229,  or  29.5  per  cent,  had
the  Delta  variant,  while
about  6,852,  or  7  per  cent,
were of AY series.
INSACOG,  in  its  November
15  bulletin,  noted  that  the
Delta (B.1.617.2 and AY.x) con­
tinues to be the main Variant
of  Concern  (VOC)  in  India.  It
also  noted  that  no  new  VOI
or  VOC  has  been  noted,  as
the  Omicron  threat  did  not
exist till November 24.
(With inputs from
Monika Yadav in New Delhi,
TE Raja Simhan in Chennai)
Sometimes  certain  problems
require professional treatment
emotional attachment to it. In a
way it is good that there’s a pro­
fessional CEO stepping in.  India,  for  allowing  dissemina­
“Twitter has also changed the
structure  of  management  of
the  board,  which  will  allow  a
healthy  mix  of  professional
Thirty  seven­year­old
Agrawal said in a statement: “I
want  to  thank  the  board  for
their confidence in my leader­
ship and Jack for his continued
nership.  Twitter, but we still haven’t seen
“I  look  forward  to  building
on everything we have accom­
plished under Jack’s leadership,
and I am incredibly energised
by the opportunities ahead. By
continuing to improve our exe­
cution, we will deliver tremend­
ous  value  for  our  customers
and shareholders as we reshape
the  future  of  public  conversa­
tion.” What’s interesting about
Job street looks up as IITs get
‘strong’ pre-placement offers
DEBANGANA GHOSH
Mumbai, November 30
Pre­placement offers (PPO) at IITs
across the country have gone up
three years. However, recruiter in­
terest was highest for the software
side  of  engineering,  with  most
openings in Information Techno­
logy,  R&D  and  consulting.  Most
IITs said that the highest package
domestically  touched  ₹64  lakh
per annum.
IIT­Bombay  saw  more  recruit­
ers  from  IT,  core  engineering,
FMCG, research, design and con­
sulting  companies.  In  terms  of
job profiles in IT, the roles were for
AI/ML,  blockchain,  data  sciences,
consulting,  and  engineering  re­
search.  The  FMCG  firms  were  of­
fering roles in the supply chain.  offered and most were accepted.  completely virtual mode.”
At IIT­Guwahati, too, the trend
was  similar,  with  most  requests
from IT firms. IIT­Madras, too, ob­
served  continued  participation
from  the  core  engineering,  IT,
R&D and analytics sectors.
“The hiring trend has been on
the rise, specifically for technical
roles,  with  more  companies  giv­
WEDNESDAY • DECEMBER 1 • 2021
Omicron threat: WTO
pushes meet to March
TRIPS Council trying
to expedite decision
on India-South Africa
IP waiver suggestion
AMITI SEN
New Delhi, November 30
The WTO has decided to push
the  12th  Ministerial  Confer­
ence (MC12) to the first week of
March 2022, but as the threat
from  Omicron  looms,  it  is
keeping  the  pressure  up  on
members to expedite an agree­
ment  on  an  appropriate  re­
sponse to the pandemic.  posal  made  by  the  European
“...we  believe  that  it  is  in­
cumbent on the membership,
in the midst of a pandemic, to
quickly converge on a WTO Re­
sponse  to  the  Pandemic,  in­
cluding  finding  a  sensible
solution  to  its  intellectual
property  aspect,”  the  WTO
noted in a letter to all delega­
tions  on  Monday,  informing
them  of  the  likelihood  of  the
MC12  taking  place  in  the  first
week of March.  tries. The EU’s alternative pro­
The letter brings out the re­
newed urgency with which the
WTO is now trying to arrive at a
solution  on  the  intellectual
property challenge inhibiting
smooth flow of Covid vaccines
the appointment of Indian­ori­
gin Agrawal is the timing. 
Twitter, like other social­me­
dia platforms, has been in the
public eye, both globally and in
tion  of  fake  news  and  hate
speech.
‘A major challenge’
Chief  Analyst,  techARC,  told
BusinessLine: “The biggest chal­
lenge,  first  and  foremost,  will
be the focus of the company to
generate revenue here. We have
seen huge user engagement on
how Twitter will become a plat­
form of revenue.  the university on Tuesday.
“Second,  how  will  they  con­
trol and restrict fake and inap­
propriate content because the
very nature of Twitter as a plat­
form is that it is very spontan­
eous compared to other social­
media  platforms.  Twitter  has
become  a  battleground  for
users of different opinions.”
ing  PPO  offers  through  intern­
ships. Technical profiles of differ­
ent organisations have increased,
compared  to  last  year.  Addition­
ally, data science and quant pro­
files have seen a large number of
openings,” said IIT­Guwahati.  placement season, and we are op­
Uptick in participation
“This  year  (2021),  248  PPOs  have
been  offered  and  201  PPOs  have
been accepted by students. This is
a 62  per  cent  increase  in  our
PPOs,”  BV  Ravi  Shankar,  Training
and Placement Officer, Placement
Office, IIT Bombay, told Business-
Line.
Last  year,  the  recruiter  count
was  around  310  companies  and,
in 2019­2020, it was 360 compan­
ies.  In  2020,  only  153  PPOs  were
“This year we have had a good
response compared to the previ­
ous  pandemic  year  from  do­
mestic  companies,  but  interna­
tional  companies  are  also
participating from their overseas
location,” said Shankar.
IIT  Madras  received  359  PPOs
this year, up from 336 in 2020 and
MUMBAI
BusinessLine
and  medication  throughout
the world. It was only last week
that many civil society organ­
isations pointed out in a letter
to the WTO DG that the IP relax­
ation issued had got sidelined
in  a  draft  text  floated  at  the
WTO on pandemic response as
it brought in other issues such
as market access.
A WTO  TRIPS  Council  meet­
ing  took  place  on  Monday,
where it was decided to exped­
ite consultations on the India­
South  Africa  waiver  proposal
as  well  as  an  alternative  pro­
Union. 
‘Still faces opposition’
“The  India­South  Africa  pro­
posal  for  a  temporary  waiver
of TRIPS provision on vaccines
and  medical  products  has
been majorly supported by de­
veloping  nations,  including
African countries, and LDCs. 
“But it still faces opposition
from  major  developed  coun­
posal related to compulsory li­
censing  is  also  under
examination.  Hopefully,  there
will  be  more  motivation  now
to move towards a solution,” a
trade official told BusinessLine.
‘No evidence to
prove vaccines
are ineffective
against Omicron’
BLOOMBERG
November 30
There’s no evidence existing vac­
cines won’t provide some protec­
tion against the Omicron variant,
said  the  University  of  Oxford  as
scientists scramble to assess the
new Covid mutation.
“Despite  the  appearance  of
new  variants  over  the  past  year,
vaccines  have  continued  to
provide very high levels of protec­
tion  against  severe  disease,  and
there  is  no  evidence  so  far  that
Omicron  is  any  different,”  said
 
Drugmakers are rushing to test
their  shots  and  therapeutics
against  Omicron  amid  signs  it
could  spread  more  quickly  and
evade vaccine protection. 
Companies and scientists have
all said it will take some weeks be­
fore  the  true  impact  is  known,
with little data to go on so far. 
303 in 2019. “We have received a re­
cord number of Pre Placement Of­
fers this year, and a good number
of companies have registered for
Phase  1  placements.  These  are
promising  indicators  for  a  good
timistic that our students would
receive job offers that meet their
aspirations,” CS Shankar Ram, Ad­
visor  (Training  &  Placement),  In­
dian  Institute  of  Technology
Madras, told BusinesssLine.
As  of  November  25,  IIT­Guwa­
hati got 179 PPOs, a jump from a
stagnant 133 in 2020­21 and 2019­
2020.  Abhishek  Kumar,  Head,
Centre  for  Career  Development
(CCD), IIT­Guwahati, said: “We are
very excited and geared up for this
year’s placement, which will be in
Though  the  other  two  insti­
tutes  declined  to  comment,  IIT
Guwahati said they had received
interest from companies, includ­
ing Google, Microsoft, Apple, Or­
acle,  Sprinklr,  JP  Morgan  and
Chase,  Goldman  Sachs,  Bajaj,
Uber, Schlumberger, Amazon, and
Texas Instruments, among others.
.. .... . . . ..BM-BME
MUM

BusinessLine
WEDNESDAY DECEMBER 1 2021
Fo BSE NSE ve quo es scan
he QR code o c ck he nk
h ps b y 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] 57.55 58.10 58.80 60.00 57.50 50.36 74.80 29.25 8 58.15 Cambridge 54.90 54.65 54.35 56.45 54.35 15.96 97.70 24.55 29 54.80 Glob.Spr 1096.30 1088.95 1089.95 1139.35 1080.00 133.81 1509.00 275.05 17 1090.90 JullundurMot 63.15 64.30 64.80 66.80 62.15 13.02 76.80 29.30 - -
21stCentMgmt 57.65 56.50 56.50 56.50 56.50 2.18 63.45 9.71 - 56.35 Camlin Fine [1] 138.95 138.75 141.95 145.35 137.25 271.90 230.80 100.60 - 138.90 GlobalEductn 40.90 39.95 42.80 42.80 39.15 11.68 77.50 35.50 - - JumpNetworks 7.55 7.55 7.60 7.70 7.40 266.80 19.50 5.00 - -
3IInfotech 103.10 97.95 97.95 97.95 97.95 411.79 113.90 52.60 - - Canara Bk 199.25 199.15 199.25 206.50 197.5013602.14 247.60 104.15 9 199.05 GlobeText(I) 15.25 15.30 15.25 15.85 15.25 340.30 68.00 11.75 - - JustDial 681.95 653.60 689.25 697.95 644.55 641.75 1138.00 550.00 48 653.60
3m India 24900.25 25034.40 25245.00 25245.00 24600.10 2.58 30975.00 18800.00 134 25032.85 CanFinHom [2] 580.45 590.10 583.50 596.15 574.30 1474.49 721.25 432.00 17 590.00 GM Brew 666.65 677.50 666.65 700.00 666.65 44.20 922.85 370.00 12 677.45 Jyo.Lab [1] 150.65 154.55 152.80 155.85 150.50 398.00 187.20 133.45 32 153.65
3PLandHold 12.70 13.15 13.25 13.30 12.70 9.02 18.80 7.65 - - CapaciteInfr 170.60 169.40 171.45 176.00 168.25 171.67 251.05 134.50 19 169.00 GMDC [2] 65.10 64.80 65.15 67.40 64.50 385.92 83.30 45.25 7 64.85
5PaisaCap 374.85 395.30 370.00 410.00 370.00 39.85 577.40 237.60 61 396.85 CapitalTrust 97.65 98.55 98.00 101.40 98.00 5.45 153.85 65.30 - 99.90 GMMPfauder [2] 4342.25 4476.65 4429.10 4540.00 4411.25 61.97 5435.00 3463.25 60 4473.85 K ................................................
63MoonsTec [2] 104.20 105.20 104.00 107.85 103.50 100.18 135.75 68.05 - 105.30 Caplin Point [2] 733.80 748.55 736.00 783.90 722.25 470.85 1034.00 402.00 29 743.80 GMR Inf [1] 37.45 37.60 37.45 39.40 37.3523793.74 46.10 22.50 - 37.55 Kabra Ext [5] 289.55 290.00 286.25 299.50 283.55 103.66 324.05 75.10 33 289.40
CapriGlo [2] 509.30 500.35 508.90 517.55 490.10 26.92 578.70 285.55 65 501.00 GNA Axles 698.55 677.25 685.00 713.35 671.00 48.06 1107.35 229.00 13 679.10 Kaj.Cera [1] 1133.30 1141.10 1141.00 1151.20 1108.40 226.95 1358.00 647.55 49 1143.40
A ................................................ CARE 627.50 629.05 630.45 640.00 625.10 78.95 791.15 410.00 24 629.25 GNFC 417.65 424.75 414.50 431.90 414.00 746.42 517.95 202.50 6 424.60 Kakt.Cem 213.65 212.65 213.30 217.75 210.10 11.70 319.00 153.80 18 211.25
AakashExplor 215.55 211.65 215.00 217.00 206.45 34.67 301.00 50.85 - - CarrerPnt 131.25 131.50 133.40 134.80 130.00 14.13 190.65 117.25 20 131.65 Go Fashion India 690.00 1253.70 1310.00 1339.90 1143.1017547.92 1339.90 1143.10 - - Kalp.Pwr [2] 383.95 388.40 389.80 394.00 382.25 263.12 495.95 257.00 14 386.95
AareyDrgs&Ph 34.75 33.85 35.45 35.60 33.60 53.96 44.60 31.15 - - CartradeTech 944.00 919.10 940.00 965.10 902.50 446.46 1618.00 902.50 - - Goa Carb 323.75 325.80 329.95 342.00 323.50 28.41 482.20 235.00 26 325.70 Kaly.Inv 1884.55 1868.05 1910.00 1915.00 1846.85 0.51 2436.05 1265.00 45 1869.20
AaronIndust 107.55 112.90 109.70 112.90 106.65 18.19 136.00 45.05 - - CastrolIndia [5] 124.55 129.25 124.00 130.95 124.00 1525.05 154.90 117.75 17 129.25 GOCL Corp [2] 298.40 287.75 301.15 315.00 280.00 91.12 386.00 184.85 19 286.45 Kaly.Stl [5] 321.15 321.15 322.80 333.00 318.50 29.56 465.55 225.35 5 321.45
Aarti Drug 503.20 506.75 500.00 526.55 500.00 257.28 841.40 491.15 23 506.20 CCL Prd [2] 379.25 403.85 376.00 410.00 375.50 561.16 495.00 225.00 32 403.65 God.Pow.Isp [5] 269.30 263.90 269.95 278.00 257.75 361.08 460.00 104.89 3 263.85 KalyanJewelr 66.40 67.05 67.60 69.30 66.50 937.47 89.75 56.30 - -
Aarti Ind [5] 926.05 937.30 933.25 954.95 931.00 898.08 1168.40 537.28 54 936.85 Ceat 1165.95 1174.25 1161.30 1186.60 1146.05 97.91 1763.15 1018.60 14 1171.30 Godfrey [2] 1181.35 1213.40 1180.10 1230.85 1180.10 66.54 1409.85 831.85 15 1221.85 Kamat Htl 49.70 50.95 49.95 52.45 49.95 28.08 75.75 27.00 - 50.65
AartiSurfact 1048.80 1016.60 1040.95 1064.00 1011.00 34.34 1887.00 833.00 - - CEEBCO 32.35 31.75 32.65 32.70 31.60 92.38 43.25 14.30 23 31.80 Godrej Cons [1] 913.20 923.10 913.60 931.35 913.60 2254.00 1138.50 644.00 74 924.05 Kamdhenu 219.20 219.05 224.00 225.45 217.70 39.53 280.00 74.00 19 219.20
Aarvee Den 22.90 22.70 23.60 23.60 22.25 5.18 30.00 11.00 - 22.80 Celebrity 9.15 9.35 8.90 9.50 8.90 29.26 15.18 4.60 - 9.29 Godrej Ind [1] 591.70 569.30 576.35 599.00 560.10 178.30 674.35 405.00 - 568.60 Kanani Ind [1] 7.60 7.75 7.80 7.90 7.35 13.35 14.55 2.95 - 7.61
AarviEncon 57.20 56.20 59.40 59.40 55.85 10.07 78.40 37.25 - - Cent Enka 385.45 390.00 378.15 398.00 378.15 30.00 518.00 191.95 5 389.30 Godrej Pr [5] 2062.10 1996.70 2106.00 2172.95 1960.0015091.29 2598.00 1165.85 630 2002.35 Kanor.Chem [5] 150.60 158.10 154.85 158.10 152.00 12.53 219.70 39.95 21 159.85
AavasFinance 2851.45 2816.05 2776.00 2898.00 2720.00 84.66 3068.30 1591.00 68 2810.50 Cent.Bk 21.45 21.35 21.00 21.90 21.00 3217.03 29.65 12.21 - 21.30 GodrejAgrovt 537.80 527.25 528.95 544.95 525.00 114.10 746.80 469.70 33 527.90 KanpurPlastc 130.35 130.70 130.00 133.70 130.00 7.27 307.00 96.35 - -
AB Money [1] 57.50 58.05 57.30 60.00 57.30 82.43 88.50 38.00 16 58.20 Cent.Elec 534.10 538.05 540.00 554.20 525.00 12.44 638.95 312.40 181 540.10 Gokaldas [5] 264.50 268.65 267.00 275.85 261.05 274.35 298.20 73.05 33 268.70 Kansai Ner [1] 569.75 596.25 569.75 620.90 550.00 2982.24 679.60 521.75 59 591.35
ABB [2] 2083.35 2061.85 2106.00 2164.50 2022.00 239.86 2232.90 1075.00 131 2068.35 Cent.Ext [1] 8.30 8.45 8.40 8.60 8.20 147.90 13.60 3.75 - 8.37 Gokul Agro [2] 66.50 63.20 64.50 68.70 63.20 341.76 74.40 13.10 17 63.25 KapstonFacil 83.15 82.25 87.30 87.30 82.05 0.69 131.35 73.15 - -
AbbottIndia 19157.95 19087.25 19299.00 19374.90 19010.10 10.60 23902.30 13970.10 56 19100.10 Cent.Ply [1] 586.20 601.60 577.90 614.00 561.80 647.72 714.95 198.10 45 601.80 Gokul Ref [2] 30.15 30.40 30.15 31.70 29.90 91.73 41.30 13.37 - 30.75 KardaConst [1] 16.20 17.00 16.05 17.00 16.00 621.38 23.90 10.10 - 17.00
ABBPowerPro 2417.90 2646.25 2399.00 2756.40 2399.00 465.30 2798.00 1145.50 - - Cent.Txt 783.25 766.30 786.00 810.50 760.00 500.17 1003.25 349.00 53 767.25 Goldiam Int 802.65 801.60 802.00 848.00 800.00 77.24 1142.60 154.85 30 801.95 Karma Enr 18.45 18.85 18.95 19.00 17.90 10.94 36.75 8.81 - 18.85
ABCapital 105.60 109.10 105.35 111.35 105.35 6330.80 139.60 76.00 - 109.00 CentDepoSer 1370.25 1451.05 1372.00 1476.95 1372.00 969.83 1624.00 475.00 - - GoodLuck St [2] 268.90 270.10 261.65 274.45 261.65 39.53 338.00 44.45 14 269.70 Karn.Bk 63.95 63.85 64.25 66.30 62.10 1884.28 81.80 47.35 5 63.20
ABMInternat 105.50 100.25 109.35 109.35 100.25 3.75 160.00 85.55 - - CentrumCap [1] 35.85 34.70 36.25 36.60 34.35 533.13 58.50 15.15 - 34.85 GoodyearInd 957.80 953.25 975.00 980.00 940.00 13.52 1085.00 940.00 - - Karur vys bk [2] 48.65 47.95 48.50 50.00 47.50 2415.74 64.50 37.15 9 47.95
ACC 2289.60 2286.40 2283.15 2322.95 2269.85 415.13 2587.95 1490.00 20 2288.05 Cera San [5] 4890.25 5001.70 4890.25 5045.00 4852.35 19.85 6430.45 3019.40 51 5002.90 GP Petrol [5] 42.00 42.80 41.25 44.50 41.25 50.38 77.60 34.65 15 43.00 Kaushlya Inf 2.35 2.25 2.25 2.25 2.25 1.32 4.03 1.20 - 2.21
AccelyaKal 1020.00 1065.40 1025.10 1089.00 1020.00 34.29 1535.00 837.00 30 1065.10 Cereb.Int 81.85 81.25 81.90 84.40 80.30 466.84 87.75 27.65 50 81.05 GPTInfraProj 74.80 74.75 74.05 79.45 73.85 38.12 107.75 30.70 9 75.30 Kaveri Seed [2] 482.20 499.55 487.00 501.50 487.00 103.98 815.85 468.55 14 499.60
AcrysilLtd 812.65 810.10 822.00 850.95 804.25 124.89 915.90 181.25 - - CESC [1] 86.00 87.50 86.10 89.80 86.10 3107.25 102.45 55.31 14 87.50 Granuels [1] 294.15 300.60 290.00 302.90 286.70 4333.69 438.00 285.80 18 300.60 KAYA Ltd 448.20 452.70 460.00 464.60 444.60 22.77 575.00 232.50 - 451.95
Action Con [2] 203.85 207.90 205.00 215.70 204.45 738.94 291.55 111.90 22 207.00 ChaletHotels 236.70 237.85 239.30 250.00 226.15 1620.10 292.50 125.05 - 236.50 Graphite [2] 417.00 408.80 420.00 434.00 405.00 568.13 815.35 238.00 16 409.10 KCP [1] 126.60 126.80 125.00 129.50 125.00 68.00 168.95 65.30 10 127.05
AcuracyShipg 191.45 187.70 191.45 198.00 183.15 56.03 212.00 31.25 - - ChamanLalSat 91.35 93.15 93.25 94.35 92.00 25.44 155.00 89.25 - - Grasim [2] 1683.95 1662.45 1680.00 1709.65 1650.30 1643.45 1893.15 862.65 47 1662.45 KCP Sug [1] 19.35 19.25 19.85 20.15 19.00 144.24 33.40 15.75 - -
Adani Ent [1] 1665.05 1662.85 1668.00 1718.65 1648.15 2952.37 1788.00 394.85 199 1661.00 Chamb.Frt 364.25 364.00 365.70 377.00 362.50 2176.71 451.00 194.05 11 364.10 Graur&WeilIn 58.60 59.45 60.00 61.00 59.10 69.59 70.90 53.50 - - KDDL Ltd 618.45 673.10 629.00 682.00 626.30 43.68 715.80 173.64 60 672.55
Adani Ports [2] 702.60 683.85 704.00 712.65 679.70 6190.73 901.00 411.75 90 684.25 ChembondChem 196.65 200.35 199.80 206.55 195.50 10.78 220.00 120.00 - 147.05 Gravita [2] 195.00 195.15 195.00 203.00 193.15 239.69 233.00 49.00 32 194.90 KEC Intl [2] 433.00 425.35 430.10 438.30 421.65 350.31 550.00 318.50 16 425.05
Adani Pwr 98.40 99.35 100.50 103.20 99.00 3469.79 167.05 38.60 - 99.35 ChemconSpecl 341.05 343.20 347.95 352.40 338.30 83.22 569.40 338.30 - - GreenlamInd [5] 1511.75 1483.95 1505.00 1546.60 1475.00 7.83 1700.00 739.70 34 1485.85 Keertknw&Skl 19.70 20.35 20.40 21.40 19.70 37.22 32.65 16.10 - -
AdaniGreenEn 1352.75 1295.40 1349.00 1414.00 1285.15 1651.91 1428.00 860.20 648 1291.20 ChemfabAlkal 147.80 146.80 150.00 153.50 145.05 13.45 218.20 115.00 - - GreenPly [1] 191.70 199.15 191.00 208.00 190.10 455.54 254.25 102.00 28 199.20 KEI Ind [2] 1000.35 1104.90 1000.00 1144.70 999.45 584.20 1159.00 415.85 31 1108.60
AdaniTranmsn 1894.20 1799.50 1802.00 1865.50 1799.50 966.32 2030.00 372.00 - 1807.75 ChemplastSan 568.45 572.60 569.80 594.00 563.10 1001.22 826.00 510.00 - - GrenpanelInd 364.00 373.20 364.00 379.55 364.00 163.79 422.00 83.05 - - Kellton Tech [5] 48.20 48.30 48.00 49.90 48.00 324.82 91.95 39.25 40 48.20
ADF Foods 814.30 810.00 810.00 829.70 801.90 7.91 1049.00 466.00 38 811.85 CholaFin [2] 542.20 550.50 541.00 565.05 540.00 3525.99 667.50 345.20 28 550.70 Grindwel [5] 1601.15 1613.25 1586.60 1775.00 1550.10 866.55 1875.00 594.15 62 1662.05 KennametlInd 1521.05 1521.60 1500.00 1535.50 1500.00 4.63 1598.00 783.00 - -
AditBirSunLf 575.90 577.15 572.00 595.00 572.00 307.29 722.90 570.00 - - CholamandFn[1] 699.10 698.65 709.10 724.95 694.90 148.24 763.05 486.50 268 697.95 GRInfraproj 1731.25 1716.75 1725.00 1783.95 1691.35 44.53 2267.65 1543.00 - - Kesoram In 55.70 55.95 55.70 57.45 55.70 213.66 90.18 41.50 2 56.00
AdityaBirFas 254.25 255.10 253.15 264.00 251.00 2464.40 310.00 144.10 - 255.30 Cigniti Tech 583.45 588.55 584.90 605.00 584.90 88.41 677.00 310.60 39 588.40 GRP Ltd 950.45 959.50 954.50 1140.50 941.40 1.94 1160.60 724.00 14 955.00 Kewal Clo 1143.80 1159.55 1148.60 1182.70 1146.00 34.84 1344.00 755.25 26 1160.25
Ador Weld 702.30 677.40 708.70 713.00 674.20 25.79 852.10 246.80 27 677.80 Cineline Ind [5] 88.75 85.05 87.95 89.50 84.35 97.94 131.30 27.50 - 86.10 Grvs.Cot [2] 137.20 137.30 138.20 145.55 136.15 3202.46 184.25 75.10 69 137.15 KeynotFinSer 86.00 85.05 85.00 88.35 85.00 3.71 116.40 51.35 - -
AdroitInfote 10.95 11.05 11.40 11.40 10.75 8.37 14.75 7.20 - - Cinevistaas [2] 22.20 21.10 22.20 22.60 21.10 71.41 24.48 5.50 - 21.06 GSFC [2] 106.35 111.55 105.00 114.95 105.00 5947.25 150.75 66.00 8 111.25 KhadimIndia 251.00 249.65 246.50 260.65 246.15 38.09 358.90 108.80 39 250.55
AdvancedEnz[2] 328.60 327.45 327.00 333.10 320.00 138.58 503.00 299.15 55 327.65 Cipla [2] 965.00 971.30 965.00 984.00 958.60 4771.58 1005.00 738.25 29 971.30 GSPL 300.75 313.30 300.75 320.80 300.75 2466.80 383.00 191.00 17 312.95 Khand.Sec 16.60 15.80 15.90 17.00 15.80 2.74 23.45 8.65 - 15.80
Advani Hot [2] 78.80 79.00 78.80 79.70 77.15 21.55 97.50 44.30 - 78.00 CitiUn Bk [1] 144.80 144.70 146.00 148.00 144.05 2092.00 190.00 142.75 17 144.60 GSS Info 107.15 100.65 108.70 109.75 98.95 241.24 113.00 38.00 - 99.85 KhatnChm&Fer 58.10 59.50 60.60 61.45 59.00 51.00 81.00 20.20 - -
Aegis Log [1] 223.90 229.30 224.50 237.00 223.90 1500.11 394.40 191.90 33 229.40 Clari.Chm 483.20 486.20 485.65 490.50 485.60 30.64 642.20 334.00 26 486.90 GTL 15.55 14.80 14.80 15.25 14.80 514.57 32.55 2.99 8 14.79 Kilitch 151.70 155.90 157.50 157.80 152.00 4.85 228.05 79.40 28 157.50
Affle(India) [2] 1116.25 1148.90 1120.00 1164.00 1120.00 296.99 1259.25 705.09 318 1149.25 CleanSci&Tec 2010.25 2139.35 2020.10 2150.50 2020.10 818.15 2353.90 1422.10 - - GTL Infra 1.65 1.60 1.70 1.70 1.6043755.75 4.90 0.48 - 1.58 Kingfa S&T 915.20 916.10 933.40 935.70 912.00 2.83 1321.00 522.05 49 923.15
Agarwal Inds 402.80 387.25 410.00 413.40 385.00 94.17 439.75 85.30 17 388.90 CMI 37.40 37.25 36.70 40.00 36.70 49.15 70.90 31.55 - 37.50 GTN Text 10.25 10.25 10.45 10.45 10.25 3.37 11.86 4.75 - 10.25 KIOCL 223.90 229.25 223.00 235.00 219.00 48.27 318.50 109.70 31 229.15
AGC Net 783.45 822.60 782.20 822.60 782.20 2.58 1771.00 590.05 174 829.50 Coal India 154.25 152.00 158.50 158.50 151.3556643.28 203.85 123.45 10 151.95 GTPLHathway 241.30 247.75 241.30 254.40 239.00 59.75 313.15 108.75 21 248.20 Kiri Ind 442.65 447.40 443.90 459.45 443.05 54.26 678.70 405.00 213 447.10
Agro Tech 912.70 922.35 890.40 938.95 890.40 4.23 1149.75 726.30 103 920.85 CoastalCorpn 254.80 254.45 251.45 259.80 251.40 17.05 319.00 237.75 - - Gufic Bio [1] 179.00 181.60 180.40 186.00 180.00 104.38 231.70 99.10 21 181.70 Kirl.Bros [2] 359.00 350.60 365.00 365.00 348.10 11.40 504.75 116.55 27 351.60
AgroPhosInd 16.15 16.25 17.00 17.00 16.15 36.92 21.00 10.45 - - CochinShip 342.40 339.55 342.00 348.00 337.00 165.75 433.75 318.00 7 339.95 Guj.Alk 593.70 607.55 596.05 619.00 596.05 227.75 845.50 304.35 22 607.80 Kirl.Ind 1434.65 1450.30 1478.00 1497.90 1436.00 3.35 1975.00 713.00 25 1448.45
AhladaEnggrs 138.40 139.50 142.60 144.70 138.50 7.68 248.00 61.15 - - CoffeeDayEnt 36.75 36.55 36.75 39.00 36.30 1182.78 50.30 23.25 - 36.55 Guj.Ind.Pow 81.15 80.45 81.05 82.45 80.25 108.69 105.65 72.25 7 80.70 Kirl.Oil [2] 182.70 183.10 180.60 187.00 180.60 109.90 277.80 107.65 13 182.90
Ahluwalia [2] 392.35 400.95 398.95 415.95 397.00 24.61 483.95 201.95 22 401.90 COFORGE 5292.75 5431.60 5348.00 5470.00 5286.10 373.23 6030.00 2300.00 - - Guj.Lsg.Fin 3.15 3.00 3.05 3.10 3.00 6.20 3.50 1.79 - 3.14 KirloskarFer 227.95 223.75 231.60 231.90 217.95 118.71 314.00 116.00 - -
AIA Engg [2] 1848.10 1897.65 1847.95 1912.00 1842.45 108.85 2224.40 1751.05 42 1898.00 Colgate [1] 1445.35 1434.35 1447.50 1469.25 1421.00 1559.82 1823.00 1413.40 37 1439.10 Guj.Pipav 99.20 98.50 99.00 104.00 96.50 1050.28 124.15 85.70 23 97.65 Kitex [1] 162.20 164.65 164.10 169.30 163.00 132.64 224.45 91.75 14 165.35
AIRAN 20.05 20.05 20.00 20.95 19.60 71.19 35.95 15.05 - - CompuageInf[2] 25.75 26.85 25.80 28.75 25.30 1261.71 35.00 12.50 8 26.85 Guj.Sid.Cem 41.45 41.00 40.70 43.10 40.70 116.67 62.60 31.35 11 41.10 KM Sug [2] 23.40 23.60 23.95 24.40 23.15 114.20 39.15 9.60 6 23.65
AIRO LAM 54.10 55.30 54.05 56.50 52.15 5.02 88.70 52.15 - - Compucom [2] 16.40 16.80 16.55 17.20 16.15 246.60 20.95 7.09 16 16.80 Gujarat Gas [2] 660.25 669.95 659.00 678.35 656.15 1041.05 786.65 335.00 31 669.65 KNR Con [2] 264.55 281.20 264.55 283.45 260.60 583.95 343.55 141.00 24 280.70
Ajanta Phr [2] 2075.70 2080.25 2076.00 2109.45 2055.30 54.17 2420.00 1528.70 25 2073.20 ComputerAge 3026.90 3077.50 3058.00 3100.00 3000.00 243.42 4067.40 1425.65 - - GujaratFluor 1995.40 1966.85 1985.00 2054.00 1945.00 64.75 2205.00 525.10 - - Kokuyo [1] 62.15 62.15 63.25 63.75 62.00 75.51 79.85 52.20 - 62.15
Ajmera 289.35 281.95 299.95 301.00 280.15 27.30 429.60 97.00 28 282.50 Con.FinHld 143.10 141.20 138.15 149.80 138.15 8.49 78.40 26.55 - - Gul.Amb.Ex [1] 158.00 158.50 158.60 162.70 157.20 120.08 201.65 104.60 8 158.45 KoltePatil 299.10 290.35 298.70 314.05 285.50 345.22 360.00 185.00 - 290.50
AjooniBiotec 56.30 58.75 57.00 59.00 56.55 24.52 67.00 41.90 - - Concor [5] 598.25 620.00 604.25 627.35 599.35 4036.44 754.10 364.70 51 619.90 Gul.Apl 209.35 204.65 205.30 213.70 202.40 4.17 277.20 187.80 - 204.65 Kopran 258.30 250.85 258.50 268.75 246.40 267.37 270.40 99.80 74 249.80
AJRInf&Tollg 1.50 1.45 1.45 1.50 1.45 1715.00 2.90 0.55 - - ConfdnPetInd[1] 72.50 73.30 72.00 76.40 72.00 561.12 95.40 27.35 22 73.35 Gulf Oil Lub [2] 547.10 512.30 546.15 554.60 499.75 354.44 824.00 499.00 12 512.95 Kot.Mah.Bk [5] 2019.60 1961.90 2023.00 2039.60 1946.90 4265.82 2252.45 1627.25 54 1962.15
AkashInfProj 151.10 164.05 149.30 181.30 148.55 88.46 270.60 146.00 - - ControlPrint 315.45 317.20 306.00 327.00 305.50 7.79 416.85 210.00 15 317.45 Gyscoal [1] 2.20 2.25 2.25 2.30 2.20 329.66 3.60 1.90 - 2.24
Kothari Pet [5] 51.70 51.70 51.10 54.00 50.95 63.04 0.15 0.05 - -
AKGEximLtd 34.95 35.20 35.95 38.20 35.15 39.22 112.70 21.00 - - CoralIndFin [2] 36.55 35.40 36.50 38.00 34.00 45.26 58.50 18.80 9 35.45 Kothari Pro 87.30 90.75 89.00 91.65 88.70 4.31 137.40 57.55 9 91.60
Aksh Opti [5] 8.35 8.60 8.45 8.70 8.35 256.22 13.55 5.29 - 8.60 Cords Cab 49.10 48.75 49.30 50.60 48.50 28.79 83.40 38.00 10 48.75 H................................................ Kothari Sug 30.25 30.15 30.25 31.05 29.60 210.44 15.85 4.45 - -
AksharChem 416.30 404.70 419.75 431.25 401.05 18.27 613.50 210.30 20 404.55 Corom.Intl [1] 737.00 740.20 736.20 743.85 730.05 331.66 955.95 712.20 16 740.40 Harri.Mal 150.95 151.00 151.00 156.45 150.25 18.37 250.00 92.00 6 151.05 Kovai Medi 1669.40 1662.00 1669.40 1718.00 1643.00 5.21 1899.00 992.00 17 1660.35
Akzo 2049.00 2058.70 2059.20 2077.00 2043.15 7.71 2510.00 2010.10 32 2062.15 Cosmo Film 1358.35 1348.35 1369.90 1405.00 1342.10 35.63 1678.95 420.00 9 1352.50 Hathway [2] 19.85 20.00 19.90 20.50 19.70 2357.61 36.55 19.65 - 20.00 KPIGlobalInf 234.00 239.00 230.00 245.70 225.25 63.59 255.00 116.30 - -
Alankit [1] 14.60 15.95 14.75 16.75 14.50 3220.70 27.15 11.50 - 15.90 CounClubH [2] 6.55 6.85 6.85 6.85 6.50 51.05 9.21 3.40 - 6.95 Hatsun Agro [1] 1311.35 1332.05 1318.30 1344.00 1292.35 40.12 1533.65 644.05 108 1329.30 Kpit Tech 441.85 494.65 445.00 508.00 444.00 4415.49 508.00 104.20 - -
AlbertDavid 582.90 579.80 586.75 594.35 575.20 6.90 673.00 371.45 9 575.55 Count.Cond [1] 3.20 3.05 3.20 3.20 3.05 143.90 4.79 1.85 - 3.10 HavellsIndia [1] 1330.10 1360.35 1331.90 1409.95 1324.00 6604.50 1503.70 798.00 72 1363.35 KPR Mill [1] 490.15 527.15 498.00 539.00 495.70 950.71 548.40 151.34 28 530.45
Alembic [2] 100.00 101.05 99.30 101.80 99.00 166.79 143.30 92.00 30 101.00 CPCL 106.10 104.55 107.00 108.60 104.00 274.74 151.80 85.00 - 104.55 HBL Pwr [1] 53.50 53.95 53.50 57.90 53.50 1703.93 61.90 22.05 36 53.85 KRBL [1] 235.45 241.35 236.00 246.90 235.90 307.05 337.45 173.45 10 241.40
Alembic Ph [2] 799.70 806.70 805.00 812.95 794.30 389.44 1150.00 720.80 18 806.35 CraftsmnAuto 2231.90 2272.05 2232.25 2377.00 2232.25 16.43 2778.00 1245.00 - - HBStockhold 37.40 38.35 39.50 39.85 36.00 20.61 52.10 5.50 - - Krebs Bio 165.85 166.10 166.20 171.80 163.00 11.61 207.15 82.50 - 165.85
Alicon [5] 739.40 736.80 743.10 763.85 732.05 8.00 948.40 305.00 56 739.35 CrdtacsGramn 537.00 503.35 530.20 550.10 501.00 466.14 839.00 501.95 77 505.75 HCC [1] 10.75 10.55 10.85 11.20 10.35 8906.28 16.33 5.90 - 10.52 KridhanInfra [2] 4.75 5.15 5.00 5.20 4.80 280.50 7.94 2.59 - 5.16
Alkali Met 92.80 90.05 90.20 94.45 89.15 39.42 111.10 45.00 - 90.00 Crest Ventu 131.95 130.60 134.65 138.50 130.00 22.05 145.10 71.30 - 131.70 HCG 252.95 253.05 256.45 258.00 250.20 212.61 282.55 141.55 - 253.15 KrisnaInsMed 1229.05 1240.85 1274.00 1282.60 1200.90 393.28 1397.50 937.55 - -
AlkemLabs [2] 3506.70 3593.45 3504.00 3605.00 3481.10 222.26 4067.70 2544.25 24 3591.30 Crisil [1] 3026.05 3115.85 3050.00 3218.00 3050.00 98.02 3496.00 1742.35 78 3118.40 HCL Info [2] 16.60 17.40 16.95 17.40 16.85 1925.72 21.91 7.95 - 17.44 KrisnaPhoscm 162.15 163.60 160.05 164.40 160.05 4.37 199.70 79.95 - -
Alkyl Amine [2] 3130.90 3187.30 3099.55 3250.00 3091.75 46.24 4740.00 1264.80 53 3177.55 CromGreCon [2] 443.30 448.25 444.40 462.15 440.00 1829.21 512.05 302.65 43 448.40 HCL Tech [2] 1133.15 1138.65 1133.00 1157.90 1133.00 7421.90 1377.00 815.05 34 1139.30 KritiIndust 117.15 116.40 115.05 121.00 113.30 23.36 144.70 109.95 - -
Allcargo [2] 318.10 333.95 319.90 339.45 313.00 1613.95 395.90 121.25 26 333.00 CSBBank 271.00 276.65 272.00 280.00 272.00 101.78 372.95 197.05 17 276.25 HDFC [2] 2713.80 2673.10 2665.00 2764.90 2656.00 7628.54 3021.10 2218.15 38 2676.40 KrsnaaDiagns 705.70 696.45 686.00 709.95 680.70 101.41 1099.70 626.00 - -
Allied Dig [5] 106.15 107.35 108.90 114.00 106.20 227.08 132.80 25.65 98 107.35 CubexTub 22.85 22.70 22.85 23.45 22.30 6.67 35.05 15.15 17 23.05 HDFC AMC [5] 2508.50 2511.30 2500.00 2572.65 2500.00 553.80 3363.00 2427.10 39 2513.60 KSB 1227.05 1241.95 1206.95 1252.05 1206.95 8.01 1411.00 563.15 - -
Allsec 464.20 460.45 459.55 473.60 451.00 31.77 592.00 236.00 8 460.50 CUMI [1] 894.35 917.70 892.35 933.30 881.80 1054.42 1008.00 333.65 68 906.70 HDFC Bank [1] 1501.25 1493.55 1495.00 1529.00 1486.5512610.77 1724.30 1342.00 25 1493.60 KuantumPaper 81.30 79.90 82.50 83.15 79.50 13.32 103.95 42.60 - -
Alm.Global [6] 115.30 113.90 109.55 118.70 109.55 15.60 155.20 15.68 58 114.00 CumminsInd [2] 874.05 878.50 874.05 898.75 873.00 407.39 1065.00 552.90 32 878.90 HDFCLifeIns 683.65 680.80 682.00 689.75 672.6511535.24 775.65 617.25 119 677.65
AlokIndus 21.30 21.35 21.30 21.90 21.25 6056.84 32.25 18.70 - - Cupid Ltd 207.65 209.65 212.65 212.95 208.00 23.56 272.00 202.00 10 209.80 HEG 1804.65 1806.50 1811.50 1884.80 1800.95 78.75 2626.15 798.00 42 1807.80 L ................................................
Alpha Lab 54.70 53.50 56.65 56.65 53.00 85.67 73.15 32.30 8 53.50 Cyber Med 9.20 9.35 9.55 9.55 9.05 13.59 20.35 2.50 - 9.42 Heidelbrg 222.45 220.70 222.45 226.90 220.00 109.39 284.55 200.85 15 220.90
Cybertech 139.20 142.10 139.80 145.80 139.80 69.84 208.45 74.35 25 142.50 L&T [2] 1767.25 1764.75 1767.25 1798.90 1751.30 3385.63 1982.95 1104.20 36 1763.90
Alphageo 310.85 323.75 312.50 332.95 311.05 35.85 511.00 174.80 5 324.20 HemispherePR 130.35 130.85 131.00 134.75 130.50 486.30 167.20 63.40 - -
CYIENT Ltd [5] 1059.05 1012.45 1069.65 1069.65 1008.00 595.04 1292.00 443.50 38 1011.85 L&T Fin Hld 73.40 75.25 73.50 77.70 73.5012086.52 113.40 72.30 - 75.30
Amararaja [1] 610.80 617.90 614.90 623.70 612.40 773.92 1025.00 607.00 16 617.95 HeranbaIndus 642.55 649.00 645.00 665.00 645.00 52.26 945.00 602.10 - -
L&TInfotech [1] 6748.55 6809.70 6814.00 6949.95 6755.25 299.42 7562.00 3203.45 59 6812.60
AmberEntp(I) 3137.75 3029.45 3137.20 3236.75 2975.00 55.04 3788.40 2201.00 127 3033.85 Herc.Hoi [1] 134.00 137.20 136.85 141.20 136.20 27.87 179.65 98.30 31 136.95
L&TTechSer [2] 5201.25 5279.40 5240.00 5451.00 5200.55 435.42 5819.20 1725.00 68 5277.05
AmbigaAgar 16.65 16.90 17.00 17.25 16.25 10.92 39.70 12.00 8 17.05 D................................................ Herit.Fds [5
La Opala [2] 314.90 331.75 313.95 345.95 305.65 619.93 365.60 201.10 45 332.10
Ambika Cot 1822.25 1873.35 1806.00 1934.30 1806.00 24.14 2349.00 708.40 8 1870.50 D P WIRES 208.65 209.05 206.55 212.25 206.55 5.77 312.20 70.95 - - H M
AmbujaCeme[2] 369.15 374.60 370.00 378.10 367.00 4809.54 442.95 225.90 32 374.35 H B LagnamSpintx 47.30 47.20 46.15 47.75 44.60 17.88 62.50 44.55 - -
Dabur [1] 598.00 594.95 595.00 602.50 592.05 5219.69 658.75 483.00 73 595.40 LakFinIndCor 198.45 188.55 188.55 188.55 188.55 3.40 219.25 58.70 - -
AMD Ind 28.55 28.50 28.55 29.60 28.30 16.61 42.15 15.20 18 29.30 Dalm.B.Sug [2] 360.15 362.25 364.40 369.15 360.25 34.91 516.00 131.00 11 361.85 H
AmiOrganics 905.75 902.50 920.00 935.80 895.90 94.24 1434.45 841.00 - - H C LambodText [5] 85.00 87.10 86.00 88.80 84.35 14.30 111.80 29.00 5 86.80
DamodarInd [5] 42.15 42.70 42.05 43.50 41.80 4.51 56.95 21.50 7 42.55 Landmark [1] 6.10 6.40 6.40 6.40 6.40 46.93 8.58 1.40 - 6.53
AMJLandHold[2] 30.80 30.80 31.35 32.00 30.25 11.00 42.50 20.60 - 31.10 DangeeDums 202.60 198.25 207.85 207.85 195.65 5.20 228.75 105.95 - - HG
Amrutanjan [1] 873.90 889.15 878.30 904.50 875.00 23.29 1025.55 465.00 41 889.95 H LasaSuperGen 56.05 56.05 56.90 61.00 54.85 190.88 100.15 55.00 24 55.90
Datamatics [5] 283.15 289.20 285.00 299.50 285.00 228.94 382.40 75.15 28 289.15 LatentViewAnal 641.40 656.45 641.00 697.00 638.00 3917.09 754.90 461.10 - -
Anant Raj [2] 65.70 65.15 65.90 68.00 64.70 129.82 80.85 22.30 42 65.35 DB Corp 93.05 91.15 94.45 97.65 90.25 196.43 124.60 76.00 9 91.60 H
AnantrajGlob 44.30 44.95 44.80 46.40 44.25 1053.97 54.90 20.70 - - Hm LaurusLabs [2] 502.35 508.65 501.00 521.65 496.20 3538.64 723.55 310.00 28 508.25
DB Realty 36.85 38.65 36.20 38.65 36.20 743.69 50.95 11.91 - 38.65 LaxmiCotspin 21.95 22.30 22.50 22.50 21.75 8.87 27.30 21.00 - -
Andhar Sug 588.00 591.60 580.25 604.90 580.25 62.29 723.00 285.60 14 591.35 DB Stk [2] 16.00 15.60 15.70 16.60 15.30 2.83 30.29 7.01 - 15.70 Hm
Andhra Cem 15.50 15.95 15.70 16.15 15.30 260.95 37.40 4.80 - 15.95 H C m LaxmiOrgInd 397.85 412.35 397.85 417.70 397.85 1350.92 628.00 143.25 - -
DCB Bk 88.30 82.05 91.80 91.80 79.55 7298.76 126.50 79.45 9 81.60 LCC Info [2] 2.30 2.40 2.40 2.40 2.25 326.63 5.70 1.18 - 2.44
AndhraPaper 225.85 222.40 227.00 229.05 218.15 17.60 283.70 196.35 - - DCMNouvelle 264.70 267.80 265.90 277.00 260.20 51.26 340.75 27.90 5 266.35 H C
AndrewYuleCo 21.75 22.10 22.10 22.70 21.90 152.05 29.70 21.55 - - H M LemonTreeHot 43.95 44.55 43.00 46.10 43.00 7127.48 59.90 27.50 - 44.55
DCMShriram [2] 953.15 958.65 936.00 980.00 936.00 31.37 1249.95 370.30 19 958.60 LG Balakri 491.35 507.20 528.00 545.00 497.45 758.38 591.00 245.25 8 506.55
AngelOne 1036.65 1014.25 1063.00 1088.00 990.50 1094.37 1689.00 286.35 - - De Nora 358.35 376.55 368.90 415.00 359.60 92.90 437.00 203.15 30 375.10 H NG
Anik Ind 20.80 20.30 20.15 21.35 20.05 23.17 27.05 10.82 4 20.30 H O LGB Forge [1] 6.20 6.05 6.20 6.35 5.90 255.09 9.83 2.71 - 6.08
Deccan Cem [5] 586.90 586.20 591.90 606.40 584.05 17.69 846.25 310.00 7 586.75 LibasDesigns 29.55 29.75 29.50 31.45 29.50 286.91 76.40 24.50 - -
AnjPortCemen 294.30 299.10 305.55 316.35 283.85 94.31 531.00 182.70 10 299.00 DeepEneResou 39.05 38.05 39.40 40.45 37.15 37.76 62.70 30.50 - - H R
AnmolIndia 172.60 170.15 171.05 179.40 168.05 26.57 237.80 135.00 - - H Liberty Sh 146.70 147.00 146.90 150.75 145.80 57.67 215.50 116.50 25 147.00
DeepIndust 143.85 143.60 144.00 147.95 140.10 54.78 174.55 57.30 - - LICHsgFin [2] 374.85 372.10 377.40 385.25 371.00 2402.73 542.35 326.00 13 372.00
Ansal Hsg 6.40 6.30 6.55 6.55 6.25 111.13 11.66 4.21 - 6.36 Deepk.Fer 355.30 372.50 357.00 385.00 356.55 1015.76 492.60 144.15 29 371.50 H
AntnyWastHdg 285.95 286.10 285.95 292.50 285.95 176.10 489.90 241.00 - - H C m LikhithaInfr 320.90 319.90 325.00 333.80 316.00 33.24 480.00 146.65 - -
Deepk.Ntr [2] 2086.45 2119.40 2086.00 2157.30 2082.05 747.10 3020.00 785.85 67 2117.60 Linc Pen&Pla 227.30 219.05 230.00 231.00 215.90 43.84 266.90 137.05 45 218.75
AnupamRasayn 795.90 789.15 799.90 806.00 781.60 42.74 877.80 474.00 - - DelphWrldMon 581.75 576.05 597.50 611.20 570.00 1.44 818.00 410.80 - - H G
Apar Ind 663.30 677.50 653.50 693.30 653.50 60.41 748.85 323.35 12 675.05 H A Lincoln Phar 323.65 323.15 325.00 330.00 322.10 82.72 414.75 191.40 10 323.10
Delta Corp [1] 248.55 246.65 250.00 261.45 245.10 8248.68 308.55 129.15 140 246.45 Linde Ind 2480.30 2508.25 2480.30 2566.80 2414.45 324.63 2947.00 880.35 83 2500.70
Apcotex Ind [2] 348.25 345.80 344.90 361.10 342.10 52.42 460.00 147.50 22 346.90 Delta Mag 62.25 59.60 59.40 63.50 59.15 4.27 76.15 23.05 - 60.00 H
ApexFznFoods 261.35 260.35 261.40 274.00 258.15 100.62 435.20 200.00 23 260.30 H M LloydsSteel [1] 11.40 10.85 10.85 10.85 10.85 1746.58 12.82 0.69 - 11.02
Den Net 39.15 39.75 39.20 40.25 39.15 1060.29 71.90 37.35 10 39.75 LMW 8308.80 8520.20 8308.80 8655.00 8308.80 9.10 9950.00 4101.00 77 8551.25
APL Apl [2] 899.20 924.00 897.00 926.00 895.00 665.38 1049.90 327.45 104 921.75 DevyaniInter 139.05 148.15 142.70 151.15 142.5011131.41 171.00 107.55 - - H G
Apollo Hsp [5] 5727.50 5687.75 5755.00 5829.95 5629.60 1352.75 5930.70 2252.65 144 5692.65 H P Lok.Mach 50.55 50.70 51.70 52.20 50.30 17.78 61.40 23.65 16 50.80
DFMFoods [2] 280.00 271.35 280.75 283.70 270.00 94.92 452.80 268.00 247 271.30 Lotys Eye 47.85 47.95 49.75 50.00 46.60 4.79 58.05 30.25 31 48.05
ApolloMicSys 108.75 109.45 110.90 112.00 108.40 45.21 155.20 86.00 25 109.40 Dhamp.Sug 273.95 277.70 274.00 284.40 274.00 178.77 395.00 138.00 8 277.65 H G
ApolloPipes 1738.35 1744.75 1730.00 1751.00 1729.95 41.13 2000.00 610.00 - - H m Lovable 149.90 165.40 158.00 174.50 155.55 1738.29 174.80 69.00 37 165.40
DhaniService 167.60 165.40 168.70 169.00 161.70 2288.20 395.95 155.10 - - LT Ovrseas [1] 63.90 63.35 65.00 65.50 61.50 634.19 90.40 46.85 17 62.90
ApolloSindo 817.05 835.30 809.00 845.90 808.85 0.82 1069.70 505.00 - - Dhanlk.Bk 14.00 14.10 14.10 14.40 14.05 232.42 20.20 11.51 13 14.10 H
ApolloTyr [1] 206.15 204.55 206.45 211.35 203.50 2292.07 261.20 170.25 18 204.65 H Lumax tech [2] 142.15 141.60 144.20 147.30 141.00 74.13 181.40 98.50 16 142.15
Dhanuka Ag [2] 739.05 739.00 742.75 748.05 729.95 22.47 1053.15 668.95 17 738.20 Lumx Ind 1386.90 1391.65 1393.85 1418.90 1381.00 1.79 1820.00 1270.00 31 1392.90
Aptech 372.25 363.40 371.00 386.50 361.95 243.29 410.80 119.80 108 363.55 Dhar.Sugar 16.90 16.40 17.50 17.50 16.10 38.47 36.50 4.27 - 16.35 HOV
AptusValHsg 308.85 312.90 305.55 319.20 305.55 238.51 381.40 278.60 - - HPC Lupin [2] 893.00 884.40 893.90 898.75 877.15 1886.50 1267.50 863.55 - 885.85
DhruvConsulSer 74.60 68.20 75.80 77.50 67.15 175.34 84.35 64.35 - - Lux Indust. [2] 3813.55 3810.00 3859.00 4065.00 3652.15 251.85 4641.50 1504.85 34 3802.30
Archidply 43.85 43.00 44.00 45.95 42.45 76.75 49.05 25.60 14 43.10 Dhun.Inv 635.65 619.60 642.00 664.80 611.50 3.69 765.65 228.35 74 615.40 HP &P w
Archies [2] 16.50 16.70 16.20 16.90 16.20 47.24 30.00 9.40 - 16.80 H G&U D Lyka Labs 156.20 164.00 164.00 164.00 164.00 116.65 164.70 19.05 10 164.70
Dhunseri Tea 242.50 239.65 247.80 247.80 235.20 4.42 405.20 155.07 5 240.60 Lypsa Gem 4.45 4.35 4.50 4.60 4.35 18.73 7.05 2.99 - 4.39
Aries Agro 133.00 131.35 131.40 137.00 130.05 47.21 193.75 74.70 8 131.50 DhunseriVent 236.30 236.40 238.15 243.95 235.65 16.54 350.00 60.00 - - H
ArihantSuper 176.40 172.30 181.80 181.80 169.00 196.25 191.35 24.15 26 170.80 DIC India 391.15 392.20 390.05 398.95 390.05 1.36 549.00 373.00 25 392.05 H M
ArihntCapMkt 136.90 137.45 138.00 142.85 136.25 24.22 189.25 111.25 - - DigispiceTec 39.40 39.60 40.20 41.25 39.45 58.86 60.70 6.50 - - H w M. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
ArmanFinServ 953.90 951.60 958.00 977.95 941.00 7.24 1135.00 514.50 113 952.85 DIGJAM 76.35 80.15 80.15 80.15 80.15 0.56 80.15 29.15 - - H m M&M [5] 850.80 835.50 850.80 860.80 828.55 6067.62 978.90 660.00 37 835.75
AroGranite 75.70 72.80 75.50 78.15 71.20 231.49 82.00 35.15 10 73.00 DiligenMedia [1] 2.80 2.90 2.90 2.90 2.90 67.62 4.71 0.35 - 2.93 HU M&M Fin [2] 154.90 155.20 156.00 160.00 154.85 3991.30 224.15 138.00 - 155.20
ArowGreenTec 159.90 151.95 151.95 151.95 151.95 6.73 179.85 45.85 44 152.55 DilipBuildco 490.75 528.35 493.25 534.65 492.00 649.02 749.30 341.60 32 528.15 Maan Alum 111.60 106.70 110.05 113.50 106.05 43.34 230.00 36.05 7 106.95
Arshiya [2] 28.15 28.60 27.70 29.40 27.30 40.79 44.45 14.80 - 28.40 DishmanCarb[2] 229.60 237.35 231.90 242.00 231.60 2103.37 259.50 102.55 - 237.25 I MacpowerCNC
MacrotecDeve
195.25
1405.80
192.80
1417.80
194.25
1440.00
199.60
1518.00
192.00 3.23
1355.00 789.74
240.65
1518.00
60.80
422.60
-
-
-
-
Arss Infra 27.05 27.55 25.50 29.55 25.50 124.26 37.40 18.06 - 27.60 Divi'sLabs [2] 4921.35 4878.80 4930.00 4949.70 4840.15 864.07 5425.00 3154.50 62 4880.70 H
ArtemsMedSvc 33.60 33.75 34.00 34.45 33.00 25.12 412.80 32.05 - - DixonTec(In) [2] 5003.80 5100.70 5006.00 5175.00 5006.00 431.98 6240.00 2256.92 166 5096.55 R Madhav 51.80 52.15 53.95 54.00 52.05 8.75 75.90 28.70 13 52.30
ArveeLabsInd 79.20 76.45 80.50 80.50 76.00 2.78 92.60 43.55 - - DLF Ltd [2] 374.85 374.80 378.00 390.75 372.00 9984.40 449.80 189.60 59 375.05 M R MadhavCopper 34.25 34.15 33.25 35.10 33.25 28.06 116.00 29.45 - -
Arvind 120.35 116.90 120.75 123.40 116.00 2333.20 146.75 39.60 14 116.85 D-Link [2] 128.45 128.60 129.60 134.00 127.50 120.86 168.65 94.80 12 128.90 CC B Madhucon [1] 6.70 7.00 6.65 7.00 6.45 262.95 7.82 3.20 - 7.11
ArvindFash [4] 282.70 281.45 281.20 297.85 278.30 239.70 364.00 123.20 - 281.60 DodlaDairy 576.00 578.90 576.00 596.50 568.15 73.81 674.80 500.00 - - CC m GC MadyaBharat 177.65 176.05 177.90 180.55 175.00 4.95 227.40 113.00 - -
Asahi India [1] 442.85 481.75 452.80 522.00 447.30 2141.80 533.00 231.40 42 478.95 DolatInvest [1] 84.70 85.20 84.00 89.45 83.85 175.93 128.00 46.00 8 85.45 CC MagadhSug&En 243.90 243.90 252.00 253.60 240.00 6.43 386.35 95.00 12 248.00
Asahi Song 256.60 260.65 258.00 267.95 257.65 11.12 442.65 212.10 11 261.10 DollarInd [2] 431.55 447.05 437.00 464.00 437.00 70.56 505.75 177.00 22 446.25 CRA Magn.Ven 7.40 7.15 7.05 7.30 7.05 29.25 12.48 4.12 3 7.09
Ashapura [2] 94.55 90.90 94.45 97.00 88.40 196.58 176.30 75.15 10 90.85 DPAbhushan 279.60 282.50 285.20 289.95 277.00 7.49 322.10 70.05 - - DB Mah.Cie.Auto 233.45 239.30 234.45 249.95 230.35 461.86 311.65 148.30 71 238.85
Ashiana [2] 170.75 170.45 167.20 175.00 167.00 78.95 209.95 87.00 - 170.55 DPSC 21.75 23.60 22.40 23.80 22.20 651.67 26.40 9.45 - - Mah.Holi 204.80 207.40 204.00 216.40 204.00 469.23 267.00 124.60 30 207.40
Ashima 16.30 16.45 16.95 16.95 16.30 46.51 21.65 10.50 - 16.40 Dr Reddy [5] 4697.60 4675.85 4713.90 4748.25 4650.00 717.82 5613.65 4135.90 48 4681.15 D C Mah.Life 245.45 256.40 247.95 261.00 243.65 116.94 299.30 96.45 - 254.15
Ashok Ley [1] 121.25 119.70 122.30 124.20 119.0514879.95 153.40 87.30 - 119.75 Dred.Corp 313.65 315.45 315.30 326.80 314.70 52.39 475.00 256.00 - 315.60 D C B Mah.Scoot 4093.25 4126.15 4086.35 4250.00 3960.00 4.05 5023.35 3300.00 33 4127.70
Ashoka Bld [5] 94.55 96.20 96.55 97.50 95.10 1115.26 125.00 76.65 6 96.20 DrLalPathLab 3885.45 3789.45 3922.00 3923.40 3656.35 821.46 4243.00 2106.05 81 3794.35 BA Mah.Seam [5] 490.60 491.10 498.50 504.90 489.95 56.89 578.00 260.00 9 491.85
Asian Gran 124.35 125.60 126.00 129.45 123.75 168.14 265.04 116.00 8 125.45 DuconInfrTec[1] 9.15 9.00 9.20 9.45 8.80 119.51 18.35 4.25 - 9.09 B MahangrGas 918.15 917.30 918.15 936.95 915.05 278.29 1284.45 901.40 11 918.65
Asian Htl-E 174.25 178.10 179.55 179.55 174.00 4.33 239.00 135.55 165 174.00 Dwarikesh [1] 65.15 65.85 65.90 67.40 65.60 560.79 83.90 26.10 10 65.85 C MahaSteelInd 78.15 80.10 79.60 80.60 79.45 10.94 130.50 71.25 27 80.15
Asian Htl-N 73.55 74.10 75.35 76.00 72.35 4.54 105.80 51.75 - 73.20 Dynac.Sys 135.25 137.70 135.25 145.00 135.00 24.57 182.15 41.55 12 137.15 G R MaheswariLog 86.70 87.90 89.80 89.80 86.50 15.46 140.40 73.30 - -
Asian Paints [1] 3144.30 3143.65 3116.15 3189.00 3116.15 2340.49 3504.05 2206.85 94 3144.40 DynemicProd 540.90 548.30 550.00 564.80 540.80 45.85 770.25 200.00 22 548.60 GP MahindEPCIrr 117.75 120.00 117.85 121.20 117.85 12.92 178.20 116.70 - -
Aspinwall&Co 139.55 143.50 139.00 147.95 138.95 7.99 268.30 120.10 - - MahindraLog 674.75 656.55 701.00 705.00 635.20 513.03 819.15 369.65 116 649.40
AssoAlchohol 495.10 503.55 499.95 517.75 499.90 96.02 653.65 274.85 - - Maithan 945.05 971.00 956.95 985.00 951.25 46.43 1255.15 500.00 7 973.00
Aster Life 1323.45 1320.25 1315.00 1340.00 1308.10 6.31 1528.00 937.25 49 1316.85
E ................................................ H
Malu Paper 31.20 30.60 31.95 31.95 30.45 18.30 43.80 24.30 - 30.65
AsterDMHealt 192.25 192.00 191.90 197.20 190.10 551.85 237.25 132.55 - 191.90 Eclerx 2158.30 2188.30 2150.00 2335.00 2028.05 388.46 2619.00 709.30 25 2107.95 Man Ind [5] 92.05 93.00 92.85 96.30 92.50 176.11 147.15 68.15 5 92.95
EdelFinSer [1] 68.65 67.10 70.85 71.70 66.20 1731.05 100.80 56.70 6 66.95 W M
Astra Mic [2] 240.80 242.65 241.50 252.50 240.10 341.89 290.55 108.00 48 243.75 & V Man Infr [2] 88.70 88.75 88.50 93.50 88.05 1417.70 107.90 18.80 29 88.80
Astral Poly [1] 2115.85 2197.70 2125.00 2207.10 2120.00 389.25 2431.90 1045.35 105 2196.40 EicherMotor [1] 2413.40 2370.45 2415.80 2447.00 2360.00 1101.72 3035.50 2303.75 41 2371.30 ManakAlumi [1] 16.40 17.05 16.40 17.70 16.40 31.00 24.55 6.66 14 17.05
EID Parry [1] 442.35 466.45 440.00 479.00 439.95 590.67 574.00 303.00 42 470.05 MP Pw
AstraZen [2] 3249.05 3137.15 3250.00 3250.00 3126.35 33.86 4900.00 2930.00 111 3127.55 MPA Manaksia [2] 59.20 59.70 59.85 61.20 59.05 80.20 78.70 42.05 46 59.55
AstronPaper 45.70 46.55 45.80 47.80 45.80 49.04 74.40 35.00 16 46.65 EIH [2] 126.05 120.40 126.60 130.00 118.55 749.71 155.00 81.35 - 120.20 ManakSteel [1] 34.20 36.05 35.00 37.55 34.75 134.57 40.25 12.89 9 35.80
Atul 8480.05 8705.80 8509.00 8745.00 8301.00 43.6210975.40 5951.10 40 8716.15 EIH A Htl 326.70 336.80 326.70 351.90 326.00 13.54 449.95 207.35 - 336.10 Manap.Fin [2] 164.65 163.45 166.00 169.65 162.50 4827.59 224.40 139.00 8 163.55
Atul Auto [5] 210.75 209.35 212.00 216.00 207.05 106.22 270.00 162.60 - 209.45 Eimco 352.25 359.55 365.00 370.00 354.05 3.26 539.75 303.00 33 355.00 ManCoatMet [1] 19.70 20.40 19.70 21.00 19.70 271.61 24.70 5.02 16 20.50
Elec. Eng [2] 207.70 206.95 207.00 218.80 205.50 1510.15 219.00 32.00 29 207.00 B M
Aurionpro 239.00 247.30 242.40 250.95 238.80 242.62 251.10 70.40 33 245.45 C Mang.Cem 358.70 355.70 358.75 369.85 355.00 43.94 543.00 195.35 8 356.60
AurobindoPh[1] 654.90 660.25 653.00 672.25 648.60 2793.79 1063.75 620.55 19 659.55 Elec.Stl.Cs [1] 31.50 31.60 31.20 32.60 31.20 151.01 44.20 20.35 14 31.70 Mang.Chem 65.90 65.75 65.20 67.30 64.50 137.11 101.00 36.45 11 65.65
Electrotherm 112.35 115.50 114.40 118.50 111.65 28.12 197.90 96.20 1 115.45 C m
AurumProptec 202.00 191.90 191.90 191.90 191.90 41.08 1009.90 12.20 - - G Mang.Drug 125.20 123.05 129.90 129.90 121.15 20.60 196.50 91.00 11 122.55
AUSmallFinBk 1103.15 1096.10 1105.00 1136.00 1084.05 744.58 1389.00 723.00 30 1092.75 Elgi Eqp [1] 270.65 275.25 272.65 292.10 271.00 1233.29 292.45 126.75 53 275.35 Mang.Timb 16.10 15.65 16.00 16.70 15.60 1.02 20.05 8.00 - 15.90
Elgi Rbr 35.35 36.00 35.05 37.25 35.05 133.67 47.60 18.30 - - H m
Ausom 57.70 58.00 59.45 59.45 57.70 1.02 118.15 43.05 8 57.60 M MangalamOrga 1009.20 993.75 1019.95 1064.00 973.00 27.37 1299.00 850.00 - -
Auto Axl 1253.50 1269.15 1259.80 1279.40 1244.00 6.13 1565.00 881.00 35 1267.55 Emami [1] 516.15 527.05 513.70 532.00 506.25 369.74 621.35 393.70 41 528.90 Manugrph [2] 20.25 19.25 19.25 19.25 19.25 2.50 22.40 9.70 - 19.35
EmamiPapMi [2] 130.90 131.50 130.85 134.85 126.40 24.77 214.90 74.95 11 131.45 N
Autoline 59.15 56.80 60.35 60.35 56.30 15.21 79.35 28.75 - 56.95 O B Maral Over 73.70 73.85 75.85 75.90 73.20 37.04 97.75 17.82 5 73.60
AvadSug&Egy 397.90 400.10 405.90 411.20 396.00 63.45 548.55 172.70 8 400.50 EmamiRealty [2] 67.15 64.85 68.45 68.85 63.00 32.60 87.50 38.75 - 66.25 MarathNxtg [5] 75.80 74.05 74.05 78.80 73.00 34.34 119.80 42.25 41 74.35
Emkay Glo 97.10 98.05 97.10 103.80 96.20 49.17 139.80 59.60 18 98.25 R m
Avanti Feeds [1] 520.45 524.90 511.00 540.00 511.00 216.29 675.00 411.85 34 524.60 B Marico Ltd [1] 534.75 538.35 530.05 544.10 530.05 4760.65 606.00 362.80 60 539.25
AvenuSupmart 4673.35 4710.90 4673.40 4800.00 4661.00 790.48 5899.90 2311.00 208 4706.75 Emmbi Ind 94.95 92.80 97.20 97.20 91.65 20.31 125.00 68.10 11 92.80 MarineElecIn 28.05 28.35 28.00 29.30 27.90 631.85 266.00 27.65 - -
EnduranceTec 1676.80 1667.80 1665.00 1791.40 1631.00 242.28 1980.95 1111.00 47 1663.70 H
AVT Natl [1] 75.05 74.20 76.00 77.05 73.60 108.17 93.60 41.60 19 74.25 Marksans [1] 56.50 56.35 56.40 58.40 55.05 1359.14 97.50 48.60 21 56.50
Axis Bank [2] 651.10 655.65 648.00 677.45 648.0024699.81 866.60 568.45 22 657.05 Energy Dev 17.60 16.75 16.80 18.00 16.75 138.95 19.74 6.50 - 16.97 MarshalMachn 60.05 63.05 63.00 63.05 60.05 135.84 63.05 28.40 - -
Eng.India [5] 71.90 71.70 72.40 73.50 70.90 2293.40 93.60 67.65 17 71.50 R
AxisCades [5] 76.60 75.50 76.90 80.00 74.00 62.70 105.50 39.50 - 75.95 R Maruti [5] 7149.50 7067.80 7149.50 7250.00 7015.55 1287.94 8400.00 6301.20 53 7086.15
AYM Syntex 97.05 96.65 97.00 100.95 94.60 78.85 123.00 34.95 9 97.00 Ent.Net.Ind 192.95 187.45 193.25 194.65 186.35 13.22 226.95 139.40 - 186.45 MASFinServ 701.40 687.15 714.00 720.00 685.55 25.25 1090.00 680.55 25 686.40
EPL 197.85 197.95 199.45 203.15 195.00 640.13 291.95 192.05 - - P
P Mastek [5] 2519.55 2695.50 2620.00 2810.00 2585.00 501.99 3666.00 881.50 137 2669.90
B ................................................ EqitsSmlFnBk
EquippSocITec
62.10
92.90
60.30
88.30
62.10
92.90
63.50
96.95
58.30
88.30
3155.25
27.56
76.80
97.05
34.05
2.05
-
-
-
- m m MatrimCom [5] 900.45 937.40 907.55 942.00 887.35 15.21 1242.00 706.00 41 935.95
BafnaPharma 119.25 117.15 120.75 123.25 116.20 2.35 196.10 116.20 - - C Maw.Sug 78.00 78.60 79.90 80.80 77.45 19.71 124.05 27.10 27 78.50
Equitas Hold 120.10 121.25 120.00 123.85 119.00 517.16 144.85 58.50 28 120.95 MaxFinancial [2] 937.65 940.25 932.85 958.75 926.25 462.33 1147.90 621.60 176 938.50
Bajaj Auto 3298.20 3240.30 3296.00 3322.95 3223.05 682.52 4361.20 3164.10 18 3243.15 ErisLifeSci [1] 732.40 719.60 730.35 739.40 707.70 47.90 863.15 516.00 25 718.20 W
Bajaj Elect [2] 1023.10 1074.25 1010.00 1085.65 1010.00 332.65 1588.55 526.80 57 1074.15 R m MaxHealthCre 373.25 380.20 376.65 385.50 339.70 1057.93 402.60 126.00 - -
Eros Intl 18.05 17.75 18.05 18.90 17.50 551.24 36.95 16.35 - 17.75 MaxIndia 75.70 76.15 76.45 77.45 75.35 103.86 84.50 56.75 - -
Bajaj Healthcare 357.65 350.75 351.20 368.35 342.60 26.66 380.55 290.90 - - Esab Ind 2739.30 2678.00 2745.00 2800.00 2649.80 6.36 3018.05 1425.00 52 2677.60 C
Bajaj Hind [1] 12.55 12.55 12.95 13.00 12.50 2817.05 24.75 5.20 - 12.57 MaxVent&Ind 114.00 114.25 111.55 120.45 111.55 131.94 157.95 38.00 - 113.90
Escorts 1858.85 1846.30 1856.00 1880.00 1836.85 1280.25 1888.80 1100.10 27 1845.65 Mayur Uniq [5] 490.65 473.25 490.05 493.00 470.00 57.50 545.95 254.00 18 471.60
Bajaj Hld 4940.35 5037.80 4966.40 5080.00 4966.40 26.99 5161.35 2657.70 35 5041.15 ESI [2] 5.50 5.25 5.25 5.25 5.25 39.81 6.03 0.98 - 5.31
BajajConCare[1] 184.10 183.00 185.95 188.10 181.50 622.04 323.50 182.00 13 182.85 M MazagonDock 257.90 260.30 258.70 265.95 256.85 390.96 321.00 180.00 - -
Essar Shp 8.95 8.85 8.95 9.20 8.70 139.34 14.02 7.26 - 8.94 Mazda Ltd 609.10 616.70 617.40 635.70 615.00 4.08 753.70 414.00 15 610.00
BajajFin [2] 6905.75 6997.25 6910.00 7199.80 6849.25 2195.54 8020.20 4361.60 97 6991.65 Ester [5] 116.65 120.55 118.95 123.00 117.80 111.91 164.60 98.10 7 120.35 G
BajajFinserv [5] 16890.40 17237.35 16880.00 17500.00 16880.00 458.64 19319.95 8275.00 659 17233.25 w MBL Infra 21.50 21.15 21.85 21.85 21.05 77.53 29.90 9.01 3 21.00
EuroFrshFood 123.00 129.15 128.95 129.15 124.90 1.05 147.25 118.30 - - McL.Rusl [5] 26.00 25.20 26.55 26.80 24.75 611.20 43.35 17.30 - 25.15
Bal Phr 100.00 98.00 100.80 103.35 97.60 63.27 137.95 50.05 14 97.95 Ever.Kanto [2] 152.45 144.90 148.00 156.80 144.85 746.48 162.30 42.70 10 145.25 w
Balaji Amn [2] 2966.55 2997.25 2952.25 3048.00 2952.25 50.23 5220.00 850.00 32 2995.10 BK MCX 1631.30 1599.05 1645.00 1690.00 1580.00 504.98 2134.90 1434.80 53 1599.70
Everady [5] 301.60 315.00 303.00 325.00 303.00 608.31 413.30 155.00 8 312.70 MedicamenBio 590.10 585.85 595.30 610.90 576.20 4.17 738.00 539.55 - -
Balaji Tele [2] 56.70 56.50 57.30 58.30 56.00 74.72 76.80 51.00 54 56.75 Everest Ind 370.20 374.65 370.00 383.60 370.00 40.84 534.00 261.45 12 374.50 w
BalaxiVentre 531.55 526.15 530.70 549.35 516.00 1.62 747.00 500.00 - - N O MeghManiFine 656.80 667.70 656.80 680.00 650.00 250.49 1038.05 650.00 - -
Excel Ind [5] 837.70 838.15 838.00 868.95 832.40 6.19 1289.00 776.95 13 837.20 MeghmaniOrga 100.60 96.75 100.70 104.90 96.00 1878.41 149.70 81.10 - -
Balkrishna [2] 2163.20 2174.75 2170.00 2240.00 2162.00 554.26 2724.40 1515.35 30 2180.30 m
Excel Realty 4.05 4.25 4.25 4.25 4.25 94.27 4.45 1.35 - 4.41 MenonBear [1] 75.90 78.90 76.95 81.40 76.60 107.29 91.25 44.90 18 79.05
BalkrishPap 26.15 25.05 24.85 26.70 24.85 2.01 32.60 16.33 - 25.30 N O DG
Exide [1] 163.70 162.80 163.70 166.90 162.00 2039.10 220.60 156.75 16 162.85 Mercator [1] 1.65 1.60 1.65 1.70 1.60 5017.73 3.66 0.76 - 1.61
BalmerLaw 115.05 115.90 115.05 117.90 115.00 144.62 170.95 105.10 14 116.00
ExpleoSolu 1262.80 1276.05 1264.40 1331.00 1258.80 22.91 1439.95 442.30 - - Metrpolhelth [2] 3130.70 3292.90 3148.25 3323.95 3090.15 569.53 3396.90 1820.70 72 3292.75
Balrampur [1] 313.25 311.65 312.00 320.95 308.15 469.06 398.25 155.50 15 311.95
ExxaroTiles 142.70 141.35 144.00 147.50 139.10 659.25 172.70 128.90 - - MFL 26.45 26.60 26.90 27.40 26.45 101.30 24.70 12.15 - -
Ban.Amn.Sp [5] 65.60 66.10 65.00 68.85 65.00 102.04 74.20 29.11 9 66.45
Ban.Amn.Sug 2069.05 2130.35 2104.25 2167.50 2078.00 0.57 2450.00 1305.00 33 2106.75 Minda Corp [2] 170.00 163.40 170.90 175.00 161.40 804.46 179.70 77.50 30 163.80
Banar.Beads 72.00 71.00 72.15 72.80 71.00 10.48 100.00 44.20 18 70.45 F ................................................ W Minda Ind [2] 869.80 906.40 872.00 925.00 866.45 468.36 984.70 365.05 131 912.55
Banco Ind [2] 168.40 169.45 169.25 173.90 166.75 65.82 225.00 120.20 11 169.70 FACT 106.40 109.90 109.50 117.00 107.10 379.23 153.00 47.95 18 110.20 MindTec(Ind) 94.50 103.95 96.00 103.95 96.00 145.41 133.70 35.05 38 104.00
BandhanBank 268.85 272.45 269.50 283.30 269.0016181.27 430.25 259.40 - 272.35 FaircheOrgan 1722.40 1724.25 1734.00 1768.00 1715.05 11.43 2274.80 580.30 - - MindTree 4445.05 4328.55 4600.00 4668.75 4239.45 8917.46 5059.15 1390.95 52 4330.05
Bang Over 32.45 32.80 33.00 34.00 31.25 8.76 54.85 19.80 14 32.90 FDC [1] 279.95 285.10 279.95 290.75 278.55 173.62 404.90 260.00 17 285.00 D Mirc Ele [1] 22.80 22.05 22.80 23.50 21.95 713.74 27.15 8.14 - 22.05
BankaBioloo 70.50 69.45 69.10 71.40 69.10 1.59 102.15 40.25 - - Fed Bk [2] 87.05 86.80 87.50 90.20 86.2520266.75 107.65 57.55 11 86.95 Mirza [2] 84.90 85.45 85.50 90.00 85.00 1122.72 94.45 42.95 16 85.65
BankofBarod[2] 86.25 85.75 86.45 88.75 85.2030142.74 108.00 51.20 13 85.75 Fed.Goetze 235.50 236.15 231.05 242.00 231.05 31.12 358.20 230.20 17 236.15 G A MishDhatuNig 183.65 184.35 184.60 187.45 181.40 158.74 221.80 173.00 18 183.95
Bans.Syn 195.95 195.50 192.35 202.00 192.35 21.72 255.85 79.90 8 195.60 Fiem Ind 1107.60 1117.10 1108.00 1154.50 1108.00 40.51 1342.00 470.35 17 1117.50 C MittalLifSty 10.00 9.90 10.45 10.45 9.70 32.67 15.75 8.25 - -
BarbequeNatn 1455.10 1487.35 1452.00 1519.95 1401.15 79.33 1945.95 481.85 - - Filatex [2] 88.60 89.65 90.00 92.70 88.65 800.47 127.50 32.50 6 89.90 MM Forg 783.60 775.90 799.60 818.35 762.05 8.31 968.95 359.25 19 774.50
BASF 2718.75 2713.05 2701.00 2735.10 2652.05 49.68 3926.95 1480.00 23 2712.10 Fin.Cable [2] 557.90 567.05 564.00 581.60 555.00 417.14 608.65 305.00 23 565.40 OC MMPIndustris 144.95 143.25 144.80 146.90 142.20 22.85 196.00 75.55 - -
Bata India [5] 1895.95 1878.20 1880.10 1945.00 1868.65 263.42 2261.65 1265.00 994 1880.30 FineOrgInd [5] 3535.40 3590.10 3518.60 3695.00 3490.00 36.08 3885.00 2130.00 78 3591.75 O C m MMTC [1] 37.10 39.15 36.70 40.85 36.70 4647.58 63.95 18.55 - 39.15
Bayer Crop 4626.10 4604.05 4650.00 4721.00 4600.00 40.76 6127.45 4519.90 49 4604.20 FineotexChe [2] 105.80 105.80 105.95 111.70 104.90 535.57 146.10 41.05 30 105.95 PCA ModisonMetal 68.80 70.65 68.25 72.25 68.25 19.64 97.25 52.05 - -
BCLIndust 214.80 218.00 223.90 223.90 216.00 17.03 289.70 98.00 - - Fino.Ind [2] 196.30 211.85 194.60 214.50 194.50 3474.54 268.00 114.82 14 210.60 P N Mohit Ind 11.45 11.05 11.80 11.80 10.90 10.94 22.05 4.00 4 11.37
BCPowerCon [2] 3.80 3.80 3.80 3.90 3.80 107.29 8.65 2.89 - 3.81 FinoPaymntBk 439.60 447.00 439.00 453.80 438.50 118.05 582.95 366.15 - - RB MOIL 168.70 169.05 169.00 171.80 168.50 288.32 208.00 123.00 14 169.00
Beardsell [2] 12.55 12.15 12.80 13.15 11.95 68.97 18.85 8.05 11 12.44 Firstsource 163.55 169.60 164.05 171.55 163.10 5792.28 242.65 66.50 27 169.40 MokshOrnamnt 38.90 39.00 39.00 39.15 38.70 438.91 123.85 24.00 - -
Bedmutha 46.30 48.15 46.85 48.60 44.60 42.86 57.60 20.05 1 48.40 Flexituff 18.05 17.15 17.30 17.80 17.15 37.93 28.90 13.70 - 17.35 B Mold-TekPac [5] 658.45 674.35 659.90 686.85 659.90 32.59 784.00 262.05 30 674.80
BEL [1] 197.25 203.75 197.25 205.30 197.2010758.02 227.95 106.40 22 203.45 Focusghtg & Fixt 81.00 78.10 79.05 84.50 76.95 20.92 90.85 76.95 - - C Mold-TekTec [2] 72.40 72.95 72.00 74.75 72.00 29.57 107.95 32.00 18 72.65
BEML 1875.05 1847.70 1851.00 1920.00 1800.00 1100.49 1924.50 711.00 70 1839.70 FOODS & INNS 82.90 87.00 80.80 87.00 80.80 21.96 98.15 80.80 - - H Monte Carlo 544.00 552.05 553.00 572.30 549.70 73.04 652.05 208.70 12 549.20
BergrPaintIn [1] 740.25 751.75 740.25 768.95 739.20 3106.92 872.00 643.00 94 754.20 ForceMotors 1343.40 1287.75 1340.00 1380.00 1180.50 69.10 1740.00 1060.00 - - M Morarj.Tex [7] 17.30 17.10 17.80 18.00 16.75 8.32 23.45 9.40 - 17.10
BestAgrolife 1138.00 1130.45 1139.95 1175.95 1105.35 50.06 1407.80 202.35 - - Fortis Hlt 288.25 280.80 288.25 292.90 279.00 2635.99 304.00 141.15 - 280.90 C Morepan [2] 52.75 51.35 53.65 54.60 50.90 3009.13 75.00 26.20 25 51.35
BF Inv [5] 312.40 312.35 314.00 323.65 310.20 15.31 445.95 260.00 38 312.05 Foseco 1385.30 1397.10 1391.75 1427.95 1380.00 1.36 1790.00 1126.85 28 1397.00 DC m Most.Fin [1] 915.80 946.00 921.00 954.60 921.00 382.67 1188.00 568.25 15 940.40
BF Util [5] 364.70 364.40 365.00 380.50 360.00 141.74 538.95 227.40 - 363.90 FSNECommVent 2486.40 2440.45 2478.00 2558.00 2381.15 947.01 2573.70 2000.00 - - DC Mot.Gen.Fin [5] 24.40 25.20 25.95 25.95 24.40 8.31 30.40 17.00 - 25.10
BGR Engy 56.75 56.85 57.00 58.95 56.40 118.05 78.05 37.60 - 57.00 Fut. Life [2] 54.25 51.85 54.95 54.95 50.30 192.00 99.30 46.60 - 52.50 Moth.Sumi [1] 214.05 209.85 214.00 219.75 208.00 8838.01 273.00 139.60 63 209.70
Bhageria Ind [5] 249.05 246.95 249.05 254.00 245.05 25.76 328.55 136.60 16 244.45 Fut. Mkt 8.60 8.30 8.55 8.75 8.25 189.67 23.55 7.50 - 8.39 VP MphasiS 2988.50 2895.15 3075.00 3106.25 2825.0011262.91 3659.75 1301.00 44 2905.70
BhagiradaChm 805.55 826.75 805.55 844.00 800.00 11.59 943.00 719.15 - - FutEntpDVR [2] 11.15 10.85 10.65 11.45 10.65 22.55 16.89 9.75 - 10.83 MO MPS 680.15 681.75 683.60 696.75 675.70 11.19 805.00 340.50 18 678.55
BhagngrInd [2] 44.50 44.90 43.25 46.85 43.25 21.80 65.00 18.35 - 44.95 Future Cons 7.00 6.90 7.00 7.10 6.85 4017.85 11.95 5.85 - - MRF 73818.25 74630.80 73541.00 75996.00 73541.00 25.95 98575.90 73111.00 27 75015.65
BhagyangrPr [2] 30.40 32.10 30.00 32.95 30.00 35.25 37.00 20.20 - 32.10 FutureEntp [2]
FutureRetail [2]
8.95
52.30
8.70
49.60
9.00
52.40
9.05
52.40
8.60 580.42
49.00 2228.40
13.92
89.50
7.61
40.60
-
-
8.71
49.85
J Mro-Tek [5]
MRPL
45.65
43.40
46.20
44.40
44.55
43.80
47.60
45.85
44.55 2.66
43.25 1398.35
79.25
57.75
20.60
29.30
1 47.20
- 44.40
BhandariHos[1] 4.70 4.90 4.90 4.90 4.90 127.63 5.00 1.20 - 5.00 &K B
Bhans.Eng [1] 161.40 161.80 160.00 165.00 160.00 360.95 221.80 113.00 5 161.90 FuturSuplyCh 70.90 68.15 70.00 70.60 68.00 39.21 121.95 59.35 - 68.20 MrsBectrFood 384.05 384.30 385.00 393.25 381.00 99.14 624.00 328.40 - -
Bharat Bij 1693.00 1686.75 1701.50 1752.45 1675.00 16.86 1986.60 803.00 17 1687.75 P MSP Stl 8.80 8.95 9.05 9.05 8.65 199.81 13.35 7.00 - 8.97
Bharat For [2] 697.05 693.65 697.00 717.65 689.15 2584.35 848.00 492.25 39 694.60 G ................................................ C MSTC 328.20 334.70 327.90 344.50 327.60 296.88 542.00 142.95 - -
Bharat Gea 166.95 160.45 169.00 169.95 159.20 111.80 190.20 49.89 8 160.55 Gabriel [1] 134.20 134.35 135.90 140.85 131.30 354.59 168.00 95.10 22 134.35 B MT Edu 7.85 7.65 7.70 8.00 7.60 123.09 13.94 6.22 - 7.82
Bharat Ras 9575.05 9923.60 9650.30 9956.00 9638.30 4.0615100.00 8679.25 28 9926.45 Gail(India) 130.35 129.80 130.15 134.70 128.9512561.83 171.35 103.30 7 130.30 MTARTech 2035.05 2111.05 2036.45 2175.45 2024.00 484.46 2391.00 860.00 - -
Bharat Wire 55.05 54.25 55.05 55.30 53.55 12.62 85.70 26.30 19 54.45 GalaxSurfact 2846.20 2776.95 2880.00 2900.30 2755.50 29.33 3600.00 1808.55 64 2780.25 m A MTNL 17.85 17.90 17.65 18.35 17.65 656.81 24.40 9.52 - 17.95
BharatDynamc 412.50 414.45 408.00 420.55 406.60 303.12 455.00 297.50 23 414.60 Gallant Isp [1] 45.90 46.15 45.75 47.35 45.75 13.24 69.90 29.65 12 46.15 Mukand 120.05 125.85 125.00 126.05 121.00 43.05 166.50 47.25 7 126.10
BharatRdNwk 27.10 26.70 27.60 28.25 26.50 36.57 41.40 26.35 - 26.65 Gallant Mtl 66.65 66.95 66.60 69.45 66.40 27.95 88.00 33.10 7 66.65 B Mukta Ar [5] 49.65 54.60 51.50 54.60 51.50 155.53 54.00 25.60 25 53.95
Bharti Air [5] 739.35 728.25 740.00 750.20 722.6514272.62 781.90 452.07 - 728.75 Gandhi Tub [5] 364.45 367.25 360.10 379.35 360.10 5.13 557.85 224.20 10 368.30 A Munj.Auto [2] 51.15 51.80 52.50 52.75 51.50 49.72 72.80 47.60 19 51.85
Bharti Infr 217.45 221.40 218.90 223.80 216.50 7.64 265.95 130.10 22 218.65 Ganesh Hsg 211.85 201.30 204.25 209.05 201.30 148.66 243.50 28.65 - 201.50 Munj.Showa [2] 120.25 122.15 120.40 123.40 120.05 23.49 176.45 120.05 18 122.45
BHEL [2] 57.80 58.90 58.40 60.70 57.6039289.77 79.50 30.60 - 58.90 Ganesha Ecos 480.50 485.20 494.00 494.00 480.70 20.51 687.70 315.45 16 486.60 Murd.Cera 24.45 24.35 24.70 25.20 23.90 48.02 33.45 17.40 17 24.50
BigBlocCons [2] 40.90 41.35 41.00 42.90 40.20 244.40 52.50 15.44 - 41.40 GaneshBenzop 78.15 78.15 77.00 82.00 76.10 63.00 105.90 76.10 - - BC m MusicBrdcast 22.55 22.25 22.45 22.80 22.15 258.27 29.60 22.15 - -
Biocon [5] 364.40 360.40 364.50 370.95 357.55 4131.25 487.70 314.90 350 360.30 GangaForging 18.55 18.70 18.50 19.05 18.30 878.65 147.25 13.65 - - B Muthoot Cap 353.55 359.60 356.35 375.00 350.00 6.77 495.50 327.00 - 359.00
BioflChm&Pha 57.65 60.05 57.00 60.70 57.00 21.03 352.45 55.00 - 59.80 GangesSecu 81.10 80.70 85.90 85.90 80.50 1.90 105.00 46.00 13 80.55 BM A MuthootFinan 1427.10 1426.20 1444.80 1459.00 1417.25 1529.71 1722.55 1090.25 14 1430.80
BirlaCable 77.50 76.75 78.00 79.20 75.00 26.24 123.00 47.70 17 77.00 GardenReach 221.60 221.35 223.70 228.60 218.25 243.37 279.80 167.65 13 220.35 H
BirlaCorp 1301.75 1349.10 1288.00 1410.00 1276.55 188.68 1649.00 661.25 24 1357.30 GarwarTecFib 3270.10 3199.55 3253.50 3314.00 3175.00 22.60 4033.40 2011.25 41 3200.20 D N................................................
Birlasoft 474.15 474.95 478.00 494.90 469.20 4854.95 513.95 185.00 - - Gatewaty 280.10 275.95 285.00 288.85 271.00 118.29 325.20 103.00 44 276.20 P NACLInd [1] 67.00 67.75 65.00 68.55 65.00 58.10 89.15 35.30 20 67.95
BirlaTyres 22.80 22.85 23.30 23.90 22.65 205.77 43.05 20.90 - - Gati [2] 150.40 147.65 151.70 161.50 146.75 1176.78 183.40 76.65 - 147.75 P NagaDhunseri 1415.80 1345.35 1416.50 1447.85 1345.05 0.16 2175.00 615.95 - -
Bk of Ind 54.85 54.30 55.20 56.35 54.10 4918.55 101.45 42.00 9 54.30 Gayt. Proj [2] 30.50 30.45 30.95 31.65 29.50 525.20 60.65 26.40 - 30.55 w NagarjunFert [1] 9.70 10.15 10.15 10.15 9.90 559.54 20.67 4.40 - 10.45
Bk of Mah 19.10 19.20 19.15 19.75 19.10 3055.75 31.95 11.56 16 19.15 GE Ship 301.35 293.65 302.90 312.40 291.30 209.67 477.00 229.00 7 294.10 &P Nagrk.Cap [5] 12.80 13.40 13.40 13.40 13.40 2.76 12.98 5.02 - 12.98
BL Kash [1] 23.55 23.70 23.60 24.30 23.60 73.58 33.00 7.40 16 23.70 GE T&DInd 114.95 115.70 115.85 117.55 114.95 52.34 153.80 98.85 - - W Nagrk.Exp [5] 33.00 31.60 34.25 34.25 31.45 7.93 52.65 14.90 5 31.95
BLB [1] 11.20 11.00 11.20 11.40 10.65 48.96 15.34 4.72 10 11.06 Geecee 138.95 138.45 138.00 141.95 137.50 5.63 191.50 74.85 20 138.35 H Nah.Cap [5] 286.40 290.30 278.00 295.00 278.00 11.25 425.00 70.00 15 292.85
Bliss GVS [1] 99.10 98.50 99.10 100.80 95.75 174.20 224.00 91.50 13 98.45 GeewayWires 87.60 95.05 98.00 103.95 86.00 215.03 112.90 69.95 - - KC m Nah.Ind 109.75 109.00 113.70 113.70 108.00 44.05 151.90 27.00 4 108.60
Blue Dart 6852.70 6551.35 6895.00 6909.95 6480.00 19.73 7260.05 3710.00 48 6579.60 Genesys [5] 333.25 316.60 349.90 349.90 316.60 219.11 346.80 50.45 90 313.80 K C m Nah.Poly [5] 227.70 227.15 232.55 234.00 224.85 21.27 319.75 71.45 9 226.50
BlueStar [2] 925.45 948.80 920.00 984.00 918.00 204.09 1091.15 701.00 77 952.00 GenInsCorpIn[5] 142.05 141.75 142.00 144.20 139.55 598.80 243.70 127.30 10 141.50 KP NALCO [5] 88.35 88.35 88.50 91.15 88.0028899.48 124.75 37.40 7 88.40
Bodal Chem [2] 105.40 107.55 106.00 109.90 105.95 308.19 150.00 66.55 12 107.55 GenricEngCon 35.25 35.55 36.00 36.75 35.00 19.01 68.00 33.40 - - K Nalwa Son 1562.95 1553.95 1589.25 1600.00 1529.95 0.58 2165.55 840.00 16 1599.95
Bomay Bur [2] 1018.25 993.75 1023.30 1033.10 980.50 51.54 1424.40 980.00 - 993.55 Genus P&B [1] 10.00 10.00 9.85 10.25 9.85 101.31 14.73 5.48 - 10.05 m Nandan Den 86.85 90.65 91.15 91.15 86.05 464.92 97.45 20.00 8 91.10
Bombay Dye [2] 82.55 83.05 82.50 85.50 81.25 1503.57 112.75 64.50 - 83.00 Genus Pwr [1] 67.50 67.55 68.00 70.00 67.00 447.03 93.85 29.35 32 67.45 M NandaniCreat 69.20 69.90 69.20 72.65 67.25 6.12 77.10 45.15 - -
BombySuprHyb 270.00 278.65 265.55 280.00 265.55 1.59 355.70 75.20 - - GeojitFinSer 68.65 71.30 67.40 73.95 67.40 298.08 102.70 39.30 - - MC P NarayaHru 567.55 596.30 562.20 612.00 553.10 1036.16 626.60 368.60 243 598.55
BOROSIL 287.65 290.00 283.00 305.00 283.00 447.06 349.55 158.00 - - GEPowerIndia 230.05 231.15 229.00 237.50 228.40 91.55 371.80 226.75 - 231.85 Natco Phr [2] 823.60 837.60 810.15 843.95 810.15 161.21 1188.95 771.00 64 837.50
BorosilRenew 562.30 588.15 547.00 590.40 547.00 1399.93 620.00 127.00 - - GFL 70.55 72.20 70.65 73.50 70.10 32.16 118.00 60.50 - - C H Nath Bio-Gen 258.05 264.30 262.20 269.00 262.20 50.76 474.70 246.65 9 263.85
Bosch 16302.85 16168.50 16200.00 16664.95 16070.95 33.55 19244.50 11940.00 34 16179.70 GHCL 386.20 394.50 396.00 399.20 382.05 411.15 483.10 170.45 9 393.75 PA Natl Build [1] 39.90 40.30 40.10 41.40 39.80 3215.09 59.80 25.60 29 40.30
BPCL 367.45 370.00 370.00 379.50 368.00 9196.74 503.00 357.00 6 369.90 GIC Hsg 148.05 149.60 148.05 151.50 148.05 158.01 202.50 91.60 4 150.05 P Pw Natl Fert 48.70 49.20 48.50 50.40 48.00 524.47 73.75 33.50 23 48.95
Brigade 452.00 502.45 451.00 523.90 440.00 1901.89 528.60 218.60 43 499.25 Gillander 54.75 54.75 57.40 57.40 53.05 1.91 66.00 32.80 - 56.00 Nava.B.Ve [2] 106.45 108.85 107.10 112.00 107.10 214.75 133.00 50.20 6 108.80
Britannia [1] 3528.60 3545.50 3514.00 3565.00 3501.10 633.38 4152.05 3317.90 53 3547.25 Gillette 5434.40 5429.15 5435.00 5480.05 5400.00 3.86 6730.15 5373.05 60 5433.90 WH Navin Flu [2] 3550.10 3741.00 3520.00 3779.00 3520.00 663.80 4212.50 2219.00 75 3740.10
Brooks Lab 100.35 105.10 100.05 105.35 100.05 35.48 155.00 49.95 - 105.20 Ginni Fil 30.90 31.25 30.90 32.85 30.90 52.90 42.20 16.00 6 31.45 W Navkar Corp 39.20 39.40 40.00 40.70 39.00 219.13 54.70 30.50 13 39.45
BSE 1528.35 1559.85 1543.80 1597.00 1536.40 1329.46 1640.00 535.50 - - GKW 635.15 628.75 667.80 667.80 627.10 0.28 922.40 451.05 - - W Navneet Ed [2] 100.10 100.10 99.30 102.80 99.30 134.52 121.55 72.30 30 100.00
BSL 95.70 96.10 95.65 98.60 93.00 20.41 107.60 29.50 9 94.60 GlandPharma 3607.50 3585.35 3648.05 3685.00 3533.85 231.76 4350.00 2071.00 - - K NBI.IndFinCo 2145.65 2122.60 2217.00 2250.00 2055.00 0.23 3200.00 1510.00 - -
BurgrKng(In) 143.75 148.45 145.90 150.00 145.00 1109.91 213.80 108.40 - - Glaxo Phr 1684.50 1678.95 1708.00 1725.00 1638.60 686.52 1824.65 1379.00 56 1702.85 NCC [2] 71.30 70.85 72.55 73.50 70.35 3323.85 100.00 43.10 14 70.80
Glb.Vect 53.05 53.60 53.90 55.00 53.00 4.98 72.50 36.20 - 54.00 P NCL Ind 212.05 209.95 214.05 217.85 209.00 90.93 304.80 114.30 7 210.15
C ................................................ Glenmark [1] 512.75 523.80 509.75 530.00 509.75 1597.88 690.60 442.15 9 523.20 NDRAutoCompo 325.95 324.45 333.80 334.35 321.55 9.46 408.85 163.00 - -
Cadila HC [1] 456.25 465.25 455.00 472.90 451.00 3945.30 673.70 408.40 40 465.30 GlnmarkLifSc 610.20 611.70 610.20 630.00 610.05 56.96 799.00 602.00 - - NDTV [4] 77.75 77.10 79.30 79.80 75.00 35.36 106.20 36.65 10 77.00

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NECaryCorp 19.50 19.90 19.90 20.55 19.50 415.07 22.00 7.00 18 19.75 RattanIndPow 3.55 3.50 3.50 3.65 3.4514698.23 9.99 1.91 ­  3.50 Sund.Clay   [5] 4573.15 4472.50 4623.75 4774.30 4266.05 79.18 5123.55 1829.00 53 4465.40 VLS  Fin 188.20 187.25 188.00 192.95 186.05 24.36 264.85 60.35 2 187.50
Nect.Life   [1] 23.80 23.60 23.85 24.55 23.50 208.90 48.40 18.30 ­  23.65 RavindrHeigt 24.05 25.25 24.00 26.00 24.00 32.86 35.95 15.05 ­  ­  Sund.Fast   [1] 821.40 875.65 825.70 890.00 825.00 181.01 993.00 513.40 38 874.50 Voltamp 1903.75 1906.60 1913.30 1962.20 1891.70 9.46 2065.00 986.40 17 1905.25
Nelcast   [2] 71.90 73.20 72.00 78.00 71.55 90.61 100.00 52.15 35 73.30 Raymond 657.75 641.05 652.95 676.40 632.00 2063.21 676.00 305.20 83 640.10 Sund.Fin 2348.70 2262.00 2347.90 2390.00 2226.60 28.69 2883.95 1659.65 29 2260.00 Voltas   [1] 1177.00 1201.00 1177.00 1242.20 1169.10 1468.98 1356.90 768.50 66 1201.35
NeogenChem 1396.25 1393.15 1390.05 1460.00 1385.00 45.08 1524.90 616.60 ­  ­  RBL  Bank 181.70 182.65 182.30 194.00 181.1513743.33 274.00 155.65 ­  182.60 SundarFinHol 79.45 79.20 80.00 81.00 78.30 115.68 94.70 55.20 ­  ­  VRL  Logistic 440.30 454.55 440.30 472.45 440.30 121.85 534.00 165.00 33 455.25
Nesco   [2] 587.60 591.05 589.00 600.00 573.40 47.23 697.00 463.50 24 587.75 RCF 69.45 69.85 70.60 71.90 69.35 1320.78 100.15 47.30 8 69.80 Sunflag 67.80 67.75 68.50 70.55 67.05 262.02 96.55 48.90 5 67.90
Sunteck   [1] 416.25 433.10 414.00 437.60 411.65 628.54 524.45 250.05 256 432.60 VST  Ind 3136.20 3121.55 3113.05 3177.85 3113.05 4.78 4048.30 3114.70 16 3118.30
NestleIndia 19000.40 19152.55 19000.40 19424.90 18935.45 169.78 20599.95 15900.00 82 19159.10 Rcom   [5] 2.75 2.80 2.75 2.85 2.7010188.70 5.49 1.53 ­  2.77
Netwk  18    [5] 71.80 71.60 72.00 75.70 71.00 1770.26 96.65 33.55 ­  71.70 RECL 128.90 134.55 130.00 141.40 127.85111575.05 168.70 119.05 3 135.70 Super  Spn   [1] 11.20 11.15 11.60 11.75 10.95 93.72 14.62 4.00 ­  11.21 VST  Til 2856.70 2886.80 2856.70 2980.20 2856.70 7.31 3458.45 1650.00 25 2885.00
NeueonTowers 2.20 2.10 2.20 2.25 2.10 67.05 3.48 0.70 ­  2.13 Redington   [2] 142.70 147.05 142.80 149.90 142.50 4670.54 179.00 58.25 14 146.50 Superhouse 150.30 149.50 151.40 154.95 147.75 9.15 201.25 98.00 7 150.25
Neuland 1693.50 1746.75 1675.00 1777.00 1674.95 55.10 2840.00 975.00 31 1748.80 Refex  Ref 124.75 122.70 119.05 129.95 119.05 128.64 173.10 78.00 8 122.60 Supr.Ind   [2] 2158.00 2168.45 2158.00 2179.95 2050.00 150.21 2689.00 1591.00 29 2169.55 W ................................................
NewgenSwTech 519.45 544.85 515.00 547.45 515.00 68.85 754.70 241.50 28 544.30 Rel.Ind.Inf 668.35 654.45 665.35 699.45 651.00 360.17 865.65 344.00 122 654.30 Supr.Infra 15.45 16.20 15.50 16.20 15.50 16.80 22.75 9.10 ­  16.55 Wabco  Ind   [5] 8226.85 8075.65 8115.00 8369.95 8020.00 3.48 8716.00 5285.00 100 8099.30
Next  Media 5.40 5.45 5.55 5.60 5.20 6.54 7.10 3.50 ­  ­  Relaxo   [1] 1225.20 1294.65 1225.20 1312.00 1225.00 305.09 1447.00 706.80 110 1293.15 Supr.Petro 631.40 660.05 632.00 665.10 626.05 47.54 820.00 316.55 9 659.00 Walch.Ind   [2] 45.60 43.50 45.85 46.60 43.10 599.59 92.00 43.15 ­  43.55
NHPC 30.30 31.10 30.35 31.30 30.30 5416.70 37.00 21.15 9 31.10 RelHomeFin 3.95 3.80 3.80 3.80 3.80 324.92 4.85 1.90 ­  ­  Suprajit   [1] 426.10 415.85 429.75 450.00 402.00 1341.10 475.00 178.80 37 412.35
Waterbase 97.40 100.25 97.50 110.00 97.50 236.37 145.90 95.90 ­  ­ 
NIIT   [2] 423.25 402.35 415.00 439.70 397.20 2985.41 440.00 136.50 63 403.05 Reliance 2441.50 2405.40 2468.00 2475.90 2388.8514847.51 2750.00 1830.00 45 2406.75 SupremeEngg 18.75 18.35 18.00 19.55 17.95 36.00 40.05 17.70 ­  ­ 
NILA  SPACES 2.00 2.10 2.10 2.10 2.10 228.63 2.80 1.15 ­  ­  Religare 163.10 161.85 164.95 168.00 158.15 546.58 194.50 60.65 ­  161.15 Surana  Tel   [1] 7.75 7.55 7.95 7.95 7.45 365.00 11.21 3.70 ­  7.58 Webel  SL 69.45 69.95 70.00 72.85 69.05 158.99 89.90 22.85 32 70.45
Nilkamal 2313.50 2370.45 2313.45 2388.60 2313.45 4.50 3174.00 1350.00 32 2382.15 Remsons 231.15 233.25 233.35 235.50 229.25 10.36 313.80 90.95 31 233.80 Surya  Rosh 615.05 612.40 615.05 620.00 598.25 169.81 868.40 258.90 17 611.45 Weizman 51.30 52.20 51.00 52.95 51.00 6.66 70.45 31.55 23 52.25
Nippo  Bat   [5] 441.55 439.00 448.00 448.00 426.80 6.24 641.23 286.13 12 439.05 RenaisncGlob 802.95 824.05 827.95 868.00 810.00 54.36 1008.95 256.00 ­  ­  Suryalaxmi 61.25 61.50 63.90 63.90 60.55 7.95 77.90 18.00 12 62.15 Wels.Corp   [5] 170.95 165.05 171.65 174.70 162.00 4646.14 175.45 106.00 10 165.50
NipponLIAM 369.10 366.30 369.10 376.00 364.35 348.50 476.45 270.00 ­  ­  Repco  Home 290.30 300.30 292.65 303.60 290.30 128.55 429.25 217.80 7 300.05 SuryodaySFB 151.35 150.75 154.45 155.15 148.80 68.32 296.35 138.50 ­  ­  Wels.India   [1] 138.50 137.90 138.80 141.65 136.80 2773.00 170.75 65.00 22 138.20
NirajCement 33.25 34.50 33.90 35.90 32.30 5.48 55.90 31.80 ­  ­  Repro 576.00 567.30 572.05 590.40 565.00 3.25 660.00 325.05 ­  577.05 Sutlej  Te   [1] 76.95 76.35 76.60 79.95 76.00 520.92 92.40 28.50 11 76.40 Wels.Inv 289.80 273.90 295.00 295.00 271.50 3.29 587.00 235.60 36 274.60
Nitco 23.35 23.65 23.10 24.35 23.10 29.99 33.90 17.40 ­  23.65 Resp.Ind   [1] 105.75 103.95 106.30 108.80 102.25 60.20 205.00 100.00 ­  103.15 SuumayaLife 289.95 275.50 275.50 275.50 275.50 12.87 736.85 95.00 ­  ­  Welspun  Ent. 94.05 93.75 93.60 95.95 92.90 115.83 134.90 74.70 13 93.65
Nitin  Spn 226.55 235.45 226.55 249.20 220.00 250.13 295.00 57.05 6 234.85 Revathi 701.85 680.60 702.25 702.35 678.65 2.62 842.25 419.05 19 674.70 Suven  Lif   [1] 87.40 88.30 88.85 92.00 88.00 232.19 124.40 46.50 ­  88.45 Wendt 5114.40 5118.65 5240.00 5240.00 5080.00 0.54 5426.90 2825.00 47 5114.45
NitirajEngg 63.45 64.05 60.55 69.75 57.80 94.20 76.40 38.20 ­  ­  RHIMagnesInd 334.25 338.85 335.00 341.00 335.00 51.18 407.00 196.75 ­  ­  SuvenPharma 495.40 486.65 498.00 502.75 484.40 247.13 590.00 376.25 ­  ­ 
SuvidaInfSvc 10.45 10.65 10.45 10.85 10.40 121.56 59.65 9.70 ­  ­  West  C  Pap   [2] 246.65 246.75 246.00 257.45 244.00 136.50 295.35 160.10 12 246.40
NK  Industries 33.80 32.30 32.15 34.10 32.15 0.23 48.00 16.20 ­  ­  Rico  Auto   [1] 41.60 42.45 41.55 42.95 41.55 323.56 62.30 30.00 23 42.45
NLC  India 59.00 57.25 59.30 60.70 56.40 6022.25 80.00 46.25 7 57.50 RITES 273.65 277.65 276.80 285.95 274.45 179.45 318.00 232.40 14 277.85 Suzlon  [2] 6.60 6.85 6.65 6.90 6.60110048.15 9.45 3.44 ­  6.88 WestlifeDevp 549.75 548.50 541.00 554.25 526.55 124.96 629.00 385.10 ­  ­ 
NMDC  Ltd   [1] 134.95 132.85 135.50 137.70 132.40 7521.23 213.15 96.00 4 133.25 RKECProjects 63.75 64.40 66.00 66.30 63.35 10.25 117.00 36.55 ­  ­  SVPGlobalVen 110.25 107.25 110.70 113.50 106.05 432.48 164.85 100.20 ­  ­  Wheels  Ind 639.05 641.35 647.50 665.00 620.85 12.63 1039.00 412.05 22 643.75
Nocil 223.90 225.40 222.70 234.50 216.55 3005.23 321.00 134.75 28 222.50 RolexRings 1029.40 1041.55 1043.00 1105.40 1029.80 43.89 1263.00 994.80 ­  ­  Swan  Ener   [1] 116.95 117.45 116.90 120.60 115.20 26.46 175.55 112.50 ­  118.55 Whirlpool 2034.10 2041.80 2039.95 2068.70 1986.60 953.41 2777.00 1970.00 89 2031.45
Noida  Toll 7.70 7.35 7.65 7.65 7.35 346.79 9.10 5.13 ­  7.34 Rollatainers   [1] 2.95 2.85 2.85 3.00 2.85 863.47 5.11 2.01 ­  2.81 Swaraj  Eng 1641.20 1661.60 1649.45 1676.70 1649.45 6.29 1989.90 1254.95 16 1664.50 Win.Diamond[2] 27.40 26.90 28.25 28.80 26.80 53.88 44.60 14.75 9 27.00
Norben 7.00 7.25 6.60 7.25 6.60 0.11 9.75 4.90 ­  ­  RosariBiotec 1304.70 1294.05 1311.60 1379.90 1251.10 313.92 1619.00 780.05 ­  ­  Swle.  Ener 227.60 225.95 230.80 238.90 224.45 6.55 300.10 150.00 27 225.55 WindlsBiotec 281.30 283.25 280.70 287.45 280.70 44.79 452.00 277.00 ­  ­ 
NovartisInd 757.40 782.85 760.95 823.35 760.95 39.15 927.00 732.45 ­  ­  Rossell   [2] 124.75 126.90 124.25 129.80 123.10 56.00 216.05 98.25 32 126.50 Symphony   [2] 956.50 932.70 940.00 977.75 922.20 33.91 1529.65 820.50 53 932.80 Wipro   [2] 630.60 637.25 630.60 645.50 630.5013425.10 739.80 346.35 36 637.00
NRAgarwalInd 236.65 237.15 236.00 242.60 234.60 8.55 361.15 186.00 ­  ­  RouteMobile 1750.80 1814.30 1761.00 1823.80 1761.00 146.57 2389.00 1010.00 ­  ­  SynergGreen 148.20 148.10 147.95 153.35 146.45 7.10 200.00 135.90 ­  ­ 
Syngene  Int 587.30 596.15 587.30 601.00 582.00 436.54 699.95 490.35 60 595.50 Wockhardt   [5] 421.00 435.55 421.90 439.05 421.80 856.21 804.50 394.00 ­  435.50
NRB  Bear   [2] 152.05 158.15 154.70 164.00 154.05 696.29 173.70 78.00 18 158.70 RPG  Life   [8] 621.95 599.50 625.10 635.00 595.20 46.76 751.80 341.65 20 599.95
NRB  Ind   [2] 20.60 21.55 20.95 21.60 20.40 29.12 34.80 8.23 ­  21.95 RPP  Infra 50.10 50.50 49.80 51.75 49.75 49.79 78.75 33.41 6 50.65 WonderlaHoli 204.25 205.35 202.15 208.00 200.65 72.02 269.90 172.65 ­  205.40
NTPC 126.50 127.25 127.80 129.45 124.7022883.51 152.10 88.20 9 127.30 RPSGVentures 660.35 668.70 679.00 689.70 666.10 23.40 1144.90 241.90 ­  ­  T ................................................. WorthPeriprl 88.05 88.05 88.95 91.00 86.50 43.12 119.45 43.10 ­  ­ 
Nucleas  Sw 511.55 502.50 514.00 524.90 500.00 98.98 765.35 476.00 23 502.25 RS  Soft   [5] 32.85 32.75 32.00 34.35 32.00 56.90 45.40 18.50 ­  32.55 Taj  GVK   [2] 128.45 129.05 127.00 132.45 127.00 105.63 161.15 102.20 ­  129.05
NURECA 1478.35 1489.70 1499.85 1526.00 1488.00 5.23 2315.00 555.60 ­  ­  RSWM 417.40 421.00 421.90 437.15 417.45 72.64 500.00 92.40 5 420.80 Take  Sol   [1] 44.05 43.95 44.10 45.25 43.75 447.57 74.65 40.30 ­  44.00 X-Z . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
NuvocoVistas 508.25 531.35 506.05 556.05 500.10 2467.54 577.90 485.00 ­  ­  Ruby  Mills   [5] 252.50 255.70 260.50 267.05 253.35 11.20 349.30 156.55 13 256.45 Talbros 283.10 337.25 283.40 339.70 283.40 746.68 356.75 129.85 11 339.45 Xchang 95.25 95.85 95.45 99.90 95.05 227.97 141.25 60.20 48 95.80
Nxtdigital 346.65 362.85 353.75 366.15 348.00 9.39 640.00 333.30 ­  ­  Ruch.Paper 76.35 77.05 76.45 78.70 76.05 14.90 105.60 52.00 9 77.55 Tanla  Sol   [1] 1428.00 1499.25 1397.00 1499.40 1380.00 449.07 1638.95 570.65 159 1497.75 XelpmocD&T 372.20 377.95 376.90 386.00 369.00 13.05 513.00 238.05 ­  ­ 
RuchiSoyaInd 910.95 917.80 920.00 926.00 910.00 11.85 1376.70 629.15 ­  ­  Tarmat 57.55 54.85 58.85 58.90 53.30 38.91 98.00 36.25 13 55.45 Xpro  India 742.75 779.85 779.85 779.85 779.85 17.47 814.45 32.55 29 779.60
O................................................. RudrabhshEnt 197.40 202.10 197.40 206.10 197.40 9.25 280.00 97.05 ­  ­  Tarsons  Product 722.85 697.45 724.00 762.00 690.00 2560.22 924.90 671.50 ­  ­  YaariDigIntg 90.20 88.15 91.75 94.20 87.00 91.86 183.45 55.00 ­  ­ 
Oberoi 828.00 832.75 826.00 855.70 819.55 1902.50 1051.90 455.00 59 832.70 Rupa    [1] 420.00 417.40 434.00 442.20 415.00 188.49 547.00 211.25 17 419.00 TastyBiteEat 13229.25 13454.30 13399.00 13800.00 13305.00 1.69 21470.50 10720.00 96 13432.15
Rush.Decor 313.15 311.80 319.00 320.40 311.00 31.39 360.85 124.70 65 310.65 Tata  Chem 868.65 872.25 873.00 892.50 868.65 1770.63 1158.00 387.50 36 871.75 Yes Bk  [2] 12.15 12.40 12.15 12.95 12.10187690.85 20.83 10.51 ­  12.37
OdishaCeme  [2] 1859.45 1873.40 1848.80 1911.00 1842.50 135.21 2547.20 944.30 304 1873.35
Oil  India 203.25 211.65 203.25 214.10 203.15 1891.97 267.70 94.80 8 211.10 Tata  Cof   [1] 199.40 202.85 199.95 207.00 199.95 1147.18 254.00 91.15 33 202.75 YukenIndia 589.85 593.55 597.25 604.45 581.10 2.77 685.00 561.15 ­  ­ 
Omax  Auto 43.35 45.50 43.50 45.50 43.35 59.88 74.00 36.95 ­  45.15 S ................................................. Tata  Com 1283.35 1299.25 1283.35 1313.85 1283.35 459.54 1539.95 887.15 39 1298.30 Zee  Ent   [1] 329.90 324.30 334.00 336.40 321.5016291.38 362.85 166.80 20 324.35
Omaxe 70.20 70.15 70.45 71.75 69.50 18.58 98.60 56.00 ­  70.00 S  H  Kelkar 145.05 147.55 148.45 151.80 146.00 258.08 207.30 103.65 29 148.00 Tata  Elxsi 5679.35 5781.65 5700.00 5948.00 5685.80 248.78 6780.00 1485.00 78 5790.85 Zee  Learn   [1] 12.10 11.75 12.00 12.35 11.05 1033.57 20.12 9.75 ­  11.73
OMDC   [1] 2300.15 2295.40 2329.90 2375.55 2280.20 5.59 3800.00 2202.00 ­  2295.85 Sadbhav   [1] 38.80 37.85 39.60 39.80 37.50 600.91 96.30 37.30 9 38.10 Tata  Inv 1414.35 1404.85 1403.20 1444.00 1402.00 27.37 1734.00 921.20 46 1403.50 Zen  Exp 84.00 82.40 86.50 86.60 81.90 2.21 116.00 44.00 ­  81.55
OmInfraLtd 32.00 31.95 32.40 32.90 31.20 89.26 39.30 18.60 ­  ­  SadbhavInf 12.75 13.00 12.90 13.35 12.70 293.74 41.50 12.60 ­  12.90 Tata  M  DVR   [2] 257.55 256.95 259.45 268.00 254.50 3529.31 298.50 64.00 ­  257.05 Zen  Tech.   [1] 203.80 205.00 208.40 211.50 202.70 425.24 249.50 65.00 ­  205.00
One97Communi 1736.45 1699.60 1729.95 1770.00 1678.20 2200.15 1955.00 1271.00 ­  ­  SafariIndia 861.15 877.20 855.00 880.60 855.00 11.47 987.00 452.30 ­  ­  Tata  Metlk 871.35 855.00 890.00 894.70 850.00 87.67 1374.00 540.00 9 853.55 ZensarTec   [2] 416.25 446.55 420.45 450.00 419.45 2774.52 587.00 204.95 33 445.80
Onelife  Cap 13.75 13.10 13.10 13.10 13.10 19.51 25.09 5.55 ­  12.90 Sagar  Cem   [2] 255.00 257.15 260.00 263.65 255.00 297.76 319.00 118.23 21 257.35 Tata Motors  [2] 461.45 458.60 466.55 478.00 455.6535471.80 536.50 156.55 ­  458.80
Tata  Steel 1114.75 1071.20 1110.95 1127.90 1063.0013355.98 1534.60 577.00 5 1071.60 Zod.Clo 102.35 102.55 102.00 105.75 101.95 50.52 153.80 85.05 ­  102.40
ONGC   [5] 144.10 142.10 143.35 147.75 141.1022980.65 172.80 77.00 6 142.15 SagrdeepAloy 26.70 28.00 26.00 28.00 26.00 20.63 49.95 26.00 ­  ­ 
TataConsuPro 766.00 778.60 765.00 789.65 764.20 3529.36 889.00 525.30 ­  ­  ZomatoLtd 149.10 152.55 149.95 158.00 145.30258130.15 169.00 115.00 ­  ­ 
OnMobile 100.50 101.45 102.50 104.85 100.65 218.97 154.35 50.70 67 101.35 SAIL 102.65 100.05 103.00 105.30 99.2550348.33 151.10 47.90 3 100.05
Onward  Te 250.45 239.25 242.35 262.40 237.95 54.45 295.50 64.50 46 239.60 SakarHealth 141.10 140.55 141.60 146.60 140.00 19.65 212.00 81.50 ­  ­  TataPowerC  [1] 218.65 216.80 221.95 228.25 213.10222571.26 269.70 65.00 24 216.80 ZotaHealthCr 376.55 366.90 371.00 379.80 365.00 36.21 438.95 136.65 ­  ­ 
OptimusInfra 363.50 346.85 355.00 376.50 345.35 173.51 411.60 81.60 27 346.50 Saksoft 997.10 976.30 1000.00 1024.55 970.10 42.41 1160.00 300.20 54 976.95 Tatapur 3.95 4.20 4.00 4.25 4.00 6.25 6.88 3.00 ­  4.15 Zuari  Ag 101.65 102.35 104.95 105.85 101.10 20.64 158.90 83.30 ­  102.90
OracleFinSer[5] 4209.55 4235.20 4200.00 4267.90 4188.95 96.08 5144.60 2933.05 22 4233.65 Sakth.Sug 13.60 13.75 13.60 14.25 13.60 79.85 22.90 8.58 ­  13.82 TataStlLngPr 737.30 710.40 730.00 733.95 700.45 116.14 1087.70 468.50 ­  ­  Zuari  Glo 130.40 125.10 128.00 132.85 124.05 43.90 177.70 55.20 5 124.70
Orbit  Exp 67.10 70.05 67.15 71.80 67.15 14.32 99.40 55.20 22 69.70 Sakuma   [1] 12.85 12.30 12.70 13.40 12.25 514.95 14.68 4.25 ­  12.25 TatvaChinPha 2338.55 2355.65 2378.00 2599.90 2330.00 131.23 2977.80 2001.00 ­  ­  ZydusWel 1995.40 1959.65 2010.00 2011.90 1951.00 12.60 2472.85 1771.10 ­  1957.75
Oricon Enter  [2] 31.55 30.85 32.00 33.60 30.10 897.87 37.45 17.15 ­  31.00 SAL  Stl 8.95 8.95 8.95 9.30 8.90 106.19 17.55 2.84 3 9.07 TCI  Devl 318.95 319.00 323.15 334.75 318.00 0.28 549.00 285.50 ­  318.05
Orient  Bell 354.60 356.20 361.60 365.00 351.35 7.04 432.10 131.20 28 355.60 SalasarTech 257.85 250.40 263.00 264.45 247.05 41.53 370.75 97.05 18 251.65 TCI  Express   [2] 2100.50 2141.65 2130.00 2196.70 2010.00 350.46 2318.40 803.00 62 2144.75
Orient  Cem   [1] 152.55 156.45 152.70 159.35 152.70 469.94 185.50 71.50 11 156.25 SalonaCot 200.70 202.35 206.85 206.85 197.25 2.85 249.75 61.00 6 203.00 TCI  Fin 5.35 5.55 5.55 5.55 5.55 0.05 7.39 3.80 ­  5.11 Exchange Traded Funds
Orient  Htls   [1] 34.40 34.75 35.45 35.90 34.50 95.53 43.95 21.10 ­  34.80 Salzer  Elec 203.75 198.70 205.30 211.70 195.50 120.37 234.15 109.50 13 199.20 TCNSClothing 804.95 808.60 822.00 846.00 795.00 66.15 932.00 392.00 ­  ­ 
Orient  Pap   [1] 30.25 30.30 30.45 31.60 30.15 1090.13 39.40 18.15 ­  30.35 Sanco  Ind 8.75 8.70 8.95 8.95 8.65 10.68 21.50 6.90 ­  ­  TCPLPackage 492.50 493.65 492.45 503.50 490.40 8.41 612.00 336.05 ­  ­ 
Orient  Pres 65.50 64.20 65.55 67.40 64.00 6.58 123.80 62.20 ­  64.90 Sandesh 726.30 716.35 737.60 737.60 711.05 1.27 1079.00 554.00 6 716.30 TCS   [1] 3502.00 3529.15 3491.00 3563.75 3491.00 5588.45 3990.00 2625.10 36 3532.00 Company Pre  Cl NSE  Cl Vol 52  WH 52  WL BSE  Cl
Orient  Tri 9.10 9.20 8.90 9.40 8.80 47.57 13.25 5.00 ­  9.08 SandharTech 242.40 249.60 243.10 256.05 243.10 40.38 333.00 175.00 16 247.95 TD  Power 400.35 396.95 395.00 435.00 390.65 146.46 435.00 117.30 36 396.00
OrientAbr   [1] 24.90 24.95 25.25 25.70 24.80 40.42 38.60 19.55 ­  25.00 Sangam 244.65 234.00 239.45 248.65 232.45 69.76 327.70 54.10 12 235.55 TeamleaseSvc 3917.85 4278.50 4036.00 4362.70 3993.25 164.21 5544.10 2365.00 81 4267.10 Axis  Gold   [1] 41.79 41.62 82.18 44.99 38.36 41.70
OrientalArmt 729.10 749.60 720.00 796.80 720.00 22.85 1100.00 471.00 ­  ­  Sangh.Mov   [2] 201.80 200.90 200.00 205.90 195.00 54.48 238.00 93.00 ­  200.85 TechMahind  [5] 1536.65 1541.45 1529.00 1594.45 1526.50 5662.90 1629.40 872.60 30 1541.10 AXISAMC  ­  AXISBNKETF 363.03 360.30 1.88 449.40 287.60 ­ 
OrientalCar 955.40 972.25 977.10 993.40 960.05 5.36 1321.00 784.45 12 970.85 Sanghi  Ind 57.65 57.90 58.90 59.80 57.55 297.39 84.70 28.20 15 58.10 Technocr 780.55 859.55 769.00 867.00 769.00 26.16 993.40 285.60 13 851.85 AXISAMC  ­  AXISBPSETF 10.43 10.43 2023.15 10.69 9.06 ­ 
OrientElect 350.75 388.85 345.00 408.00 345.00 1532.72 408.00 206.65 ­  ­  Sanofi 8024.70 7941.40 8149.90 8149.90 7900.00 27.54 9300.00 7427.75 30 7947.45 TechnoEle&En 232.35 238.95 233.00 241.50 233.00 90.55 362.80 197.60 ­  ­  AXISAMC  ­  AXISCETF 69.90 70.22 0.96 81.00 60.00 ­ 
OrtinLabs 27.10 30.15 27.95 31.05 27.35 185.64 52.25 21.40 ­  ­  SanseraEngg 793.45 784.40 793.45 805.00 761.50 160.76 889.00 682.00 ­  ­  TejasNetwork 442.45 457.05 429.00 464.55 426.30 1364.35 570.50 101.50 ­  ­ 
TeraSoftware 44.20 44.80 42.20 46.00 42.20 23.23 85.00 29.35 ­  44.60 AXISAMC  ­  AXISHCETF 85.95 85.19 6.62 105.00 82.00 ­ 
Oswal  Chem 20.70 20.60 21.00 21.70 20.40 137.60 35.50 12.90 13 20.65 SapireFoodIn 992.45 1020.35 1000.00 1037.70 974.45 832.71 1380.05 974.45 ­  ­ 
Tex.Infra   [1] 55.00 55.00 54.40 56.15 54.30 29.54 83.75 37.35 ­  54.70 AXISAMC  ­  AXISNIFTY 179.72 179.49 33.77 212.22 130.15 ­ 
OswalAgroMil 29.10 27.65 30.55 30.55 27.65 620.19 30.45 8.35 ­  27.55 Sarda  Ene 768.30 787.35 768.00 798.35 768.00 62.38 948.00 284.25 5 787.85
Sarla  Perf   [1] 54.65 55.20 54.10 57.60 54.10 173.14 63.45 18.95 9 55.05 Tex.Pipe 54.60 56.00 54.95 58.40 54.95 292.96 65.85 17.90 10 56.00 AXISAMC  ­  AXISTECETF 354.49 352.57 3.64 404.00 250.95 ­ 
P ................................................. Sarthak  Metals 101.20 103.75 108.00 115.00 101.25 72.50 127.00 89.90 ­  ­  Tex.Rail   [1]
TGB  Banq
27.75
8.55
28.10
8.60
27.55
8.40
28.70
8.80
27.55 363.72
8.35 8.98
37.99
12.90
21.83
4.14
19 28.10
­  8.58
Bank  BeEs   [1]
Birla  Gold
362.68
44.05
359.61
43.75
926.88
71.50
420.43
49.23
291.60
40.50
359.46
43.70
P&GHealth 4959.60 5324.70 4984.00 5348.00 4955.55 31.36 7500.00 4903.00 ­  ­  Sasken 1115.70 1073.20 1102.00 1155.85 1066.00 47.56 1528.95 658.00 13 1071.75
SastaSunVent 485.90 474.10 471.00 506.80 462.20 113.62 575.00 97.00 ­  475.75 Thanga.Jwl 1335.15 1386.85 1385.00 1517.00 1341.00 80.15 1520.00 428.80 32 1378.80 Birla  Nifty   [100] 18.93 18.85 72.23 4900.00 4061.00 4400.00
P&S  Bk 16.05 16.50 16.35 17.50 16.10 477.92 23.79 11.94 ­  16.45 The  Byke  Hos 31.50 33.80 31.25 34.40 31.25 82.69 43.60 13.83 ­  33.50
Page Ind 38031.05 38390.90 38160.00 39000.00 38100.05 55.07 41750.00 22670.35 97 38450.35 SatiaIndus 83.50 85.15 84.50 86.80 84.45 39.55 118.00 73.00 ­  ­  BIRLASLAM  ABSLBANETF 35.90 35.54 6.92 420.00 35.30 ­ 
Satin  Credit 70.65 68.35 72.80 72.80 67.50 123.66 112.65 66.70 ­  68.30 TheAnupEngg 942.80 983.35 945.00 1002.80 942.80 27.74 1160.65 548.00 ­  ­ 
PaisaloDigit 986.55 963.00 992.00 1009.00 915.45 325.50 1143.15 376.15 66 959.25 TheGrobTeaCo 1004.95 986.75 1020.00 1064.65 960.00 0.63 1444.80 534.90 ­  ­  BIRLASLAM  ABSLNN50ET 42.74 42.71 11.85 520.00 41.90 ­ 
PalashSecu 68.25 68.40 72.00 72.00 68.00 3.46 97.65 31.95 37 68.30 Savita  1099.60 1115.15 1107.20 1127.65 1101.15 7.75 1822.65 655.10 5 1113.65 Birlaslamc  ­  Bslsenetfg 54.88 54.53 1.07 664.99 53.50 ­ 
SBC  EXPORTS 108.50 111.30 103.55 113.00 103.55 122.45 118.45 65.05 ­  ­  TheInvstTrst 99.20 99.70 103.00 103.00 98.30 7.40 174.35 83.00 ­  ­ 
PalredTech 203.75 199.40 201.00 218.00 188.90 212.09 244.00 32.50 ­  201.55 TheMandRetVe 15.00 15.35 15.00 15.60 14.80 87.41 25.00 10.21 ­  15.35 BIRLASLAMC  ­  HEALTHY 8.86 8.80 176.55 10.41 8.40 ­ 
Pan.Petro   [2] 232.05 238.75 234.85 244.20 234.85 93.14 309.65 76.25 7 238.50 SBI    [1] 465.10 460.55 468.00 477.25 458.0023026.65 542.20 244.10 13 460.60
SBICards&Pay 937.00 950.50 940.00 974.90 940.00 3012.65 1165.00 795.00 ­  ­  TheNewIndA  [5] 146.75 144.75 149.70 152.90 144.30 236.36 197.00 114.30 24 144.75 BIRLASLAMC  ­  TECH 34.89 35.20 7.39 42.80 33.56 ­ 
Panac.Bio   [1] 211.95 222.50 217.00 222.50 217.00 79.82 453.70 163.80 ­  222.85 Thermax   [2] 1675.00 1753.50 1660.00 1770.95 1660.00 300.62 1895.20 875.00 118 1751.60
SBILifeInsur 1136.25 1160.55 1135.00 1167.90 1134.15 2253.52 1273.40 825.00 94 1160.90 ConsConstCon 137.32 137.63 348.31 156.00 95.00 ­ 
PanachDigLif 60.25 60.25 61.90 61.90 60.25 2.04 94.80 37.15 ­  ­  Thiru.Chem   [1] 215.15 218.25 215.15 224.85 215.15 437.77 357.25 85.00 13 218.40
PansriDevlop 160.05 168.05 168.05 168.05 168.05 3.70 168.05 57.75 ­  ­  SchaeflerInd 7629.95 7793.80 7689.00 7850.00 7550.85 50.01 8377.20 3816.05 42 7792.35 DSPAMC  ­  DSPNEWETF 189.04 190.69 2.29 204.70 188.00 ­ 
SChand&Co   [5] 104.75 107.15 105.70 110.90 104.95 37.94 149.40 61.05 37 107.15 Thom.Cook   [1] 60.95 65.20 60.00 66.00 60.00 1044.33 85.45 40.00 ­  65.25 DSPBRAMC  ­QUIDETF 1000.00 999.99 10.25 1020.00 877.00 ­ 
ParagMilk 121.95 122.75 122.85 127.45 122.15 313.46 159.85 94.00 29 122.75 ThyrocareTec 1111.40 1105.50 1122.50 1138.90 1096.90 128.56 1465.90 830.05 33 1106.25
Param.Comn  [2] 10.15 10.25 10.10 10.60 9.95 250.58 24.60 6.66 ­  10.29 Schneider   [2] 102.70 104.30 103.10 107.05 103.10 429.24 147.00 77.00 ­  104.10 EDELAMC  ­  EBANK 4001.00 3840.12 0.09 4398.00 2916.01 ­ 
SCI 149.80 148.60 151.00 153.80 148.10 5077.90 154.30 58.00 13 148.40 Tidewater   [2] 1538.60 1528.90 1550.00 1593.00 1518.60 12.65 3693.75 840.00 25 1528.45
ParasDef&Spc 735.45 705.25 710.00 732.70 702.30 451.50 1258.20 617.15 ­  ­  Tijaria 7.20 7.50 7.45 7.55 6.85 66.85 10.74 5.61 ­  7.41 EDELAMC  ­  EBBETF0423 1155.29 1154.50 3.98 1181.38 900.00 ­ 
ParDrugs&Che 193.70 191.25 186.00 199.90 186.00 7.48 310.60 142.90 ­  ­  SecureludTec 138.20 145.10 139.90 145.10 138.60 40.50 243.75 80.00 ­  ­  EDELAMC  ­  EBBETF0425 1071.99 1071.25 3.97 1170.00 1005.00 ­ 
SecuriIntSvc  [5] 477.45 480.90 475.75 504.00 459.00 847.70 548.60 350.45 67 474.05 TIL  137.30 142.45 138.50 143.90 138.50 8.19 245.00 128.05 ­  141.55
Parsvnath   [5] 16.15 16.65 16.65 17.45 16.15 495.17 20.60 3.74 ­  16.55 Time  Gty 44.15 45.25 42.80 46.00 42.80 1.27 66.75 21.45 7 43.85 EDELAMC  ­  EBBETF0430 1189.75 1191.24 6.95 1247.90 895.00 ­ 
PasuptiAcryl 28.80 28.90 29.90 29.90 28.70 89.44 40.25 28.05 ­  ­  Selan  Exp 124.00 123.90 126.00 128.65 123.00 29.20 180.05 113.10 26 124.20
SelManufactr 14.15 14.85 14.85 14.85 14.85 0.00 14.85 8.10 ­  ­  Time  Tech   [1] 74.15 73.45 75.00 77.80 73.10 747.73 94.50 42.00 18 73.60 EDELAMC  ­  EBBETF0431 1071.51 1070.98 27.76 1143.10 994.01 ­ 
Patel  Eng   [1] 20.95 21.15 21.00 22.00 21.00 620.98 31.70 11.01 20 21.25 Timken 1818.85 2020.90 1826.60 2080.55 1818.90 164.10 2081.25 1055.05 67 2026.50
Sequent  Sc   [2] 150.90 151.65 150.90 157.80 150.90 1379.50 336.40 144.95 ­  151.60 Gold  BeEs   [1] 41.62 41.51 9675.18 45.20 38.17 41.52
Patel  Int 14.75 14.85 15.40 15.60 14.75 101.75 19.66 9.75 ­  15.00 Tinplate 268.95 272.30 272.90 278.05 270.30 193.97 348.00 134.15 12 272.35
Patspin  Ind 8.50 8.65 8.85 8.85 8.40 1.78 14.40 4.15 ­  ­  SercotechPwr 30.30 31.65 30.90 31.80 30.30 99.36 31.80 17.95 ­  ­  Goldmanamc  ­  CPSEETF 29.08 29.39 582.35 32.83 18.62 29.43
Sesh.Paper   [2] 158.00 159.10 158.80 161.95 157.25 22.55 230.00 137.00 9 158.15 Tita.Wag   [2] 89.10 86.25 88.10 91.50 85.25 450.76 109.60 44.20 15 86.35 HangSengBees   [1] 313.46 306.22 18.52 382.00 287.00 306.01
PBA  Infra 10.30 9.90 10.20 10.40 9.80 4.75 22.73 7.50 1 9.88 TitanCompa  [1] 2324.20 2375.50 2336.40 2390.00 2336.40 2675.38 2678.10 1335.00 121 2374.90
PBFintech 1229.80 1215.60 1244.25 1288.00 1210.00 553.53 1470.00 1149.00 ­  ­  SetcoAuto   [2] 15.60 15.35 15.05 15.95 15.05 106.51 25.20 11.09 ­  15.40 HDFC  Gold   [1] 42.87 42.64 263.51 50.00 38.70 42.63
SetubandInfr 1.50 1.55 1.45 1.55 1.45 448.78 1.55 0.65 ­  ­  TN  News 123.85 124.45 124.00 126.90 124.00 54.53 182.80 109.00 ­  124.50
PC  Jewl 23.65 23.50 23.65 24.30 23.35 953.16 32.75 15.45 21 23.45 TN  Petro 99.80 100.05 102.35 102.75 98.30 572.19 150.45 37.85 5 99.80 HDFCAMC  ­  HBANKETF 358.90 357.04 2.26 419.95 279.30 ­ 
PDS  Multinat 1395.80 1417.35 1398.00 1434.80 1386.05 4.96 1665.00 392.65 76 1420.35 SeyaIndus 51.60 52.95 52.65 54.45 52.20 11.57 85.00 47.50 ­  ­ 
Tokyo  Pl 91.10 92.05 97.35 97.35 91.25 7.91 122.00 63.65 57 92.20 HDFCAmc­Nift   [76] 183.46 183.08 20.54 202.00 136.51 184.64
Pearl  Glo 367.80 368.80 379.00 394.00 361.00 26.76 474.35 157.90 160 366.25 Shakt.Pump 618.30 624.15 634.00 659.00 611.00 140.45 910.00 234.00 16 625.30
Shal.Paints   [2] 102.00 102.00 103.00 108.60 96.20 242.73 126.00 70.55 ­  101.70 Tor.Pwr 533.60 551.20 531.00 555.10 530.05 1620.46 560.70 293.30 20 550.85 HDFCAmc­Sens 618.81 624.92 11.68 6300.00 455.00 ­ 
Pearl  Poly 15.00 15.10 16.25 16.25 14.65 23.59 21.45 13.87 1 14.85 TorrentPhar   [5] 3037.30 3042.05 3036.10 3110.00 2990.10 474.97 3248.00 2311.30 44 3043.35 IBULLSAMC  ­  IBMFNIFTY 179.30 182.15 0.37 200.00 125.10 ­ 
Peninsula   [2] 11.55 12.10 11.55 12.10 11.55 268.31 17.20 5.09 ­  12.03 SHALBY 143.45 136.95 143.45 147.15 135.30 206.36 214.00 94.05 22 137.30
ShankarBldg 495.90 497.50 490.00 514.60 489.95 64.00 683.00 322.00 34 496.25 TotalTranspt 52.45 53.50 52.00 55.50 51.85 38.35 84.05 38.55 ­  ­  Icicipramc  ­  Bharatiwin 43.31 43.37 110.76 51.40 29.00 ­ 
Pennar  Ind   [5] 26.55 27.25 27.15 30.00 26.60 522.51 42.90 16.25 11 27.20 Tou.Fin.Cor 55.95 56.50 56.70 58.30 56.25 231.50 83.30 40.70 6 56.60
Persistnt 4012.25 4138.80 4052.35 4259.00 4030.00 491.62 4441.55 1163.75 54 4122.90 Shanthi  Grs   [1] 146.40 147.50 147.30 150.95 146.10 25.98 211.20 106.50 34 147.15 ICICIPRAMC  ­  ICICI500 24.25 24.30 32.93 283.80 23.75 ­ 
ShardMotor   [2] 752.20 734.30 769.10 781.75 711.00 49.83 858.95 310.00 16 737.95 TouchwoodEnt 130.40 127.40 135.00 135.00 127.00 3.28 148.45 46.65 ­  ­ 
Petronet 219.95 219.85 219.00 222.85 218.00 4815.17 275.25 211.50 11 219.85 ICICIPRAMC  ­  ICICIALPLV 171.08 172.13 108.30 189.70 128.60 ­ 
ShardaCropch 306.40 314.40 306.40 318.00 306.20 49.05 387.05 230.75 11 314.20 TPL  Plastech 168.80 170.75 166.75 173.90 166.75 17.50 228.30 65.53 21 170.00
PFC 116.45 116.30 116.70 119.85 115.80 5231.19 153.75 104.10 3 116.25 Trans.Corp   [2] 658.90 686.65 669.90 718.00 660.00 100.51 838.00 225.60 24 688.00 ICICIPRAMC ­ ICICIBANKP 181.33 180.02 27.12 227.70 158.00 ­ 
Pfizer 5272.85 5196.45 5265.00 5291.00 5105.00 74.19 6164.80 4200.00 41 5194.40 ShareIndSec 801.10 795.05 790.10 832.65 790.00 22.34 930.00 104.50 ­  ­  ICICIPRAMC ­ ICICICONSU 70.58 70.73 0.26 82.00 58.05 ­ 
SheelaFoam   [5] 3076.10 3260.70 3052.00 3309.05 3052.00 374.51 3488.70 1529.00 71 3247.95 Tree  Hse 8.05 8.30 8.25 8.40 7.75 25.41 13.70 5.60 ­  8.10
PG  Elec 523.45 535.60 525.00 565.00 525.00 74.38 620.00 131.10 49 535.60 TrejharaSolu 84.60 79.80 84.70 92.80 76.55 1092.49 92.80 26.95 ­  ­  ICICIPRAMC  ­  ICICIFMCG 374.32 377.47 10.14 437.00 360.25 ­ 
PGHH 15067.20 15040.10 15160.00 15188.95 14716.30 11.47 15551.55 10389.00 79 15060.35 Shilpa  Med   [1] 564.75 543.80 567.00 573.85 540.10 166.10 670.95 317.05 45 544.60
Shiv.Global 15.85 16.15 16.20 16.60 15.30 49.47 17.52 6.21 12 15.90 Trent   [1] 1026.70 1014.40 1025.00 1067.80 1002.80 1075.31 1208.30 587.95 187 1014.45 ICICIPRAMC  ­  ICICILIQ 999.58 999.99 18.30 1040.00 971.50 ­ 
Phil.Carbon   [2] 206.15 209.15 206.50 214.70 206.50 1557.88 278.65 143.20 8 208.85 TRF 125.80 123.80 128.00 128.00 121.65 6.80 171.15 81.20 ­  123.75 ICICIPRAMC  ­  ICICIM150 112.98 114.04 110.58 125.39 73.50 ­ 
Phoenx.Mil   [2] 936.00 947.85 943.00 964.55 938.50 426.71 1199.95 671.95 49 947.15 ShivalikBimt 334.40 336.60 333.00 349.00 331.40 38.73 413.40 115.10 ­  ­ 
ShivaMills 97.95 98.20 99.00 102.00 96.05 12.71 129.30 25.20 4 97.90 Trib  Bhimji 75.85 78.05 77.35 79.95 76.95 257.88 104.40 41.65 11 78.15 ICICIPRAMC  ­  ICICINXT50 42.78 42.97 108.79 49.70 26.00 ­ 
PI  Ind   [1] 2954.70 2869.50 2967.00 3031.00 2842.70 789.35 3533.30 1982.45 55 2876.70 Trident   [1] 54.70 52.00 52.00 52.50 52.0040185.48 59.90 7.84 41 52.00
PidiliteInd   [1] 2218.10 2205.85 2214.95 2249.95 2193.40 1564.83 2531.90 1535.00 85 2204.95 ShivaTaxyarn 186.30 183.35 186.30 198.00 182.10 21.30 289.00 77.55 11 183.65 ICICIPRAMC ­ ICICIPHARM 88.15 88.09 62.24 95.00 82.05 ­ 
Shop.Stop   [5] 318.00 323.25 315.35 334.70 315.35 174.78 408.70 172.25 ­  322.50 Trigyn 106.65 107.05 106.90 112.30 106.00 73.12 173.00 57.05 ­  107.80
PIL  Italica   [1] 6.45 6.45 6.35 6.65 6.35 311.25 19.30 5.41 ­  6.48 TRIL   [1] 26.75 26.75 26.85 28.10 26.50 159.17 37.25 12.50 ­  26.75 ICICIPRAMC  ­  ICICITECH 357.41 358.82 21.19 392.10 201.48 ­ 
Pilani  Inv 2209.45 2035.35 2210.00 2210.00 2000.65 43.75 2248.80 1521.44 16 2035.40 Shr.CU.Fin 1940.40 2225.95 1941.00 2303.60 1941.00 418.16 2600.00 922.60 14 2227.15 ICICIPRAMC  ­  IPRU5008 358.59 355.37 17.18 449.70 265.30 ­ 
Shr.EPC 6.50 6.50 6.45 6.75 6.35 537.22 8.61 3.45 ­  6.48 Triv.Eng   [1] 201.20 206.50 201.00 213.75 200.10 2124.35 235.00 62.45 15 204.65
Pion.Dist 181.20 182.20 180.75 184.75 179.75 6.89 209.30 92.00 ­  181.45 Triv.Tur   [1] 181.40 185.90 181.00 188.90 181.00 972.13 229.00 74.00 63 185.75 ICICIPRNIFLWVL30ETF 42.81 42.71 757.08 50.40 37.05 ­ 
Pion.Emb 54.50 57.80 54.25 61.85 54.25 557.92 79.40 26.50 6 57.50 Shr.Ram.Mul  [5] 12.00 12.15 12.25 12.75 11.85 113.16 18.01 6.74 ­  12.10
Shr.Ren.Sug   [1] 25.35 24.80 25.05 26.30 24.4013374.23 47.75 8.73 ­  24.80 TT 80.60 81.35 84.70 84.70 80.50 20.43 94.00 40.15 5 81.35 ICICIPRNIFLWVL30ETF 103.97 105.02 19.56 115.00 72.40 ­ 
PiramalEntp   [2] 2384.70 2418.35 2385.00 2508.20 2380.75 1340.87 3013.00 1283.90 225 2416.85 TTK Prst 9803.15 9973.95 10000.00 10268.95 9837.20 21.85 11645.00 5561.25 48 10003.65 ICICIPRUDENTIALNV20ETF 91.47 92.40 48.38 101.70 63.50 ­ 
PittiEngg   [5] 223.15 224.40 217.00 234.30 217.00 217.56 239.00 43.00 15 226.05 Shr.Tr.Fin 1403.25 1406.70 1403.00 1446.45 1395.40 1768.17 1696.15 917.95 16 1407.45
ShradInfProj 49.55 50.15 49.05 51.55 49.00 1.12 76.75 35.55 ­  ­  TTKHealtcare 651.75 673.00 653.65 684.70 640.00 6.55 825.00 456.80 27 675.15 ICICIPRUDNIFTY100ETF 187.42 188.40 27.04 208.00 140.60 ­ 
Plastiblen   [5] 227.95 233.50 225.00 236.95 225.00 10.91 305.95 211.10 17 233.15 TTML 107.20 112.55 110.00 112.55 109.5020752.62 111.90 6.70 ­  111.90
PNB  Gilts 63.65 64.00 63.65 65.00 63.55 127.81 94.65 39.75 4 63.95 Shre  PushChe 200.30 200.50 200.30 209.00 200.00 42.15 274.95 100.00 17 201.05 ICICIPRUDNIFTYETF 183.47 182.29 535.11 231.30 129.40 ­ 
ShreDigvjCem 75.05 76.60 76.00 78.00 73.80 297.57 97.80 48.95 ­  ­  TubeInvIndia 1583.15 1622.55 1599.90 1644.20 1551.05 610.20 1798.00 750.10 ­  ­ 
PNB  Housing 524.55 550.75 547.00 550.75 540.05 459.48 924.00 315.85 11 550.95 ICICIPRUDSENSEXETF 623.47 622.32 7.20 700.00 448.60 ­ 
ShreeCement 25566.10 26102.25 25480.00 26350.00 25330.95 97.67 32050.00 22600.00 36 26106.00 TV  Today   [5] 414.75 404.55 414.90 427.65 400.00 204.57 441.90 200.90 14 404.50
PNC Infratec  [2] 285.30 307.40 285.00 309.95 285.00 740.43 395.55 157.45 17 304.05 TV18  Br   [2] 41.05 41.20 41.50 42.30 40.90 5508.06 52.50 26.05 ­  41.20 IDBI  Gold   [100] 4402.10 4415.15 0.25 4900.00 4061.00 4400.00
PodarHseDVPT 163.00 164.65 163.00 171.15 159.00 4.37 267.00 139.00 ­  167.00 SHRENIK 1.80 1.80 1.80 1.85 1.80 1875.73 6.30 1.40 ­  ­  IDFCAMC  ­  IDFNIFTYET 179.93 178.80 0.26 223.00 133.61 ­ 
ShreRamProtn 31.15 32.45 32.65 32.65 29.85 2.00 44.80 27.10 ­  ­  TVS  Elec 160.25 161.85 161.70 168.00 161.40 23.59 217.00 101.60 20 161.60
PoddarPigmen 276.85 276.35 271.00 285.30 271.00 4.97 434.00 162.50 11 275.85 TVS  Mot   [1] 684.30 686.50 685.00 694.75 674.15 6521.28 793.45 445.60 36 687.60 Infra  BeEs 517.74 514.15 2.38 1950.00 1352.00 1772.75
Pokarna  Ltd   [2] 540.05 546.15 540.00 556.70 522.55 100.12 680.40 137.70 372 550.05 Shreyans 97.25 97.45 95.40 103.00 95.40 16.89 152.00 71.00 10 97.15
Shreyas 237.15 235.45 238.00 249.90 232.10 46.13 448.00 57.80 6 231.60 TVS  Sri 2069.35 2128.60 2079.70 2171.65 2070.90 3.52 2588.00 1544.95 17 2128.90 InvesIndGold   [100] 4310.50 4317.30 0.18 4745.00 3989.50 4341.86
Poly.Medi   [5] 1028.65 1036.80 1051.85 1055.90 1000.30 161.17 1163.00 449.20 69 1036.10 InvesInNifty 1867.40 1860.00 0.04 2291.00 1349.00 ­ 
Shyam  Tel 9.30 8.90 9.30 9.50 8.85 8.69 16.46 3.88 ­  9.07
PolycabIndia
Polyplex
2214.40
1873.80
2305.95
1845.65
2229.00
1871.00
2329.85
1905.00
2226.30 485.92
1830.00 484.13
2648.00
1961.40
853.80
655.15
­ 
10 1844.65
­ 
ShyamCent   [1] 11.70 11.25 11.65 12.25 11.15 425.29 20.45 3.80 7 11.25 U................................................. Kotak  Nifty   [5] 180.12 179.10 36.34 2252.45 1627.25 1962.15
PonawalaFinC 179.55 181.30 180.00 188.50 176.65 7294.82 211.85 35.75 ­  ­  ShyamMetalic 312.40 311.20 315.00 320.75 308.20 220.29 461.15 302.05 ­  ­  UB   [1] 1503.90 1504.35 1505.40 1537.20 1500.00 425.25 1793.65 1035.90 119 1504.25 Kotak  PSU  Bk 253.75 251.57 25.59 299.30 153.00 252.58
Ponnie  Sug 217.50 217.00 227.00 227.00 216.00 3.99 382.50 131.15 7 218.90 Siemens   [2] 2133.40 2151.90 2135.55 2168.15 2116.15 515.38 2438.50 1442.05 70 2152.20 Ucal  Fuel 137.65 137.95 138.40 140.75 136.55 13.95 206.10 112.80 8 137.60 KOTAKMAMC  ­  KOTAKIT 35.41 35.51 14.35 38.50 23.36 ­ 
Power  Mech 891.65 909.05 892.00 924.05 892.00 14.84 1094.70 388.95 13 908.90 Sigachi  Industr 465.15 411.95 472.50 494.00 399.00 1879.25 494.00 399.00 ­  ­  Uco  Bk 12.90 12.95 12.80 13.15 12.80 4104.30 16.30 10.60 ­  12.94 Kotakmamc­kotkbketf 363.83 360.46 121.90 429.70 292.95 ­ 
PowerGrid 200.25 206.75 200.30 209.50 200.3028304.74 209.75 136.88 10 206.80 SignetIndus 38.40 37.20 39.65 39.65 36.65 20.56 64.35 21.30 ­  ­  Uflex 492.35 489.05 497.70 509.65 485.10 136.10 658.45 337.75 16 489.55
KOTAKMAMC­KTNV20ETF 94.25 93.55 600.07 103.88 57.70 ­ 
Prajay 16.10 16.35 16.00 16.55 16.00 29.50 31.50 6.40 ­  16.35 SikkoIndust 51.50 50.45 48.95 54.00 48.95 18.98 79.65 38.60 ­  ­  UFO  Moviez 94.85 95.65 96.40 99.50 95.10 368.47 125.45 68.75 ­  95.65
SIL  Inv 313.55 307.70 318.35 318.50 307.10 2.41 378.00 148.10 12 307.50 Ugar  Sug   [1] 25.65 25.85 26.20 26.30 25.40 64.09 40.10 13.98 14 25.90 Kotal  Gold   [1] 41.89 41.91 2724.99 45.29 36.81 41.93
PrakashPipes 150.10 147.45 150.00 155.65 145.05 84.61 194.70 76.00 ­  ­  LICNAMC  ­CNFENGP 182.20 184.03 1.13 202.99 128.65 178.14
Praksh.Ind 59.85 58.00 60.00 61.40 57.30 777.61 104.65 45.00 6 57.95 SilgoRetail 32.80 32.55 31.80 33.70 31.80 8.47 66.70 28.50 ­  ­  UgroCapital 187.75 189.15 184.00 192.45 184.00 167.14 215.00 108.55 ­  ­ 
SimbholiSug 18.40 18.15 17.80 18.95 17.80 35.68 44.60 5.80 ­  18.55 Ujaas   [1] 3.30 3.70 3.30 3.90 3.20 6924.00 4.35 2.26 ­  3.71 LICNAMC  ­CNFESGP 621.99 622.35 0.20 670.07 454.00 ­ 
Praksh.Stl   [1] 5.10 5.35 5.35 5.35 5.35 302.22 5.84 0.66 ­  5.58
PratapSnack  [5] 749.75 761.05 749.70 770.00 748.95 49.40 826.50 484.65 57 759.05 Simp.Inf   [2] 39.95 43.20 40.50 43.90 39.90 522.88 56.05 27.80 ­  43.05 UjivanFinSer 133.40 135.50 136.00 145.95 134.40 1907.80 310.85 126.10 ­  135.45 LICNAMC  ­CNFNHGP 177.11 179.84 0.70 230.00 116.51 ­ 
PrecisionCam 128.25 132.00 129.75 136.80 128.00 483.91 149.70 38.05 21 131.85 SintercomInd 82.65 83.75 82.00 85.30 82.00 3.24 104.80 61.20 ­  ­  UjjivanSFB 17.80 18.20 18.10 18.65 18.05 2382.80 44.60 17.00 ­  ­  LICNAMC  ­CNMFET 22.75 22.76 9.86 26.94 20.83 ­ 
SintexPlaTec 13.90 13.25 13.25 13.25 13.25 738.67 15.30 2.45 ­  ­  UltraTech 7388.25 7433.75 7387.30 7519.00 7347.55 547.66 8267.00 4802.75 34 7434.40 Liquid  BeEs   [1000] 999.99 999.99 1545.98 1015.00 972.35 1000.00
Precot 278.95 275.95 272.20 292.85 272.20 5.37 374.90 80.00 ­  ­ 
SircPaintInd 440.80 495.35 441.30 512.00 441.30 236.69 530.00 225.00 ­  ­  UmangDair   [5] 70.50 70.40 70.00 72.25 69.95 46.29 99.00 46.35 ­  70.40 MIRAEAMC  ­  MAESGETF 29.28 29.17 4.41 32.18 21.75 ­ 
Precsn.Pipe 230.65 234.35 234.00 240.30 232.85 19.32 339.35 173.65 22 234.00
Siyaram   [2] 424.50 426.95 420.00 445.75 420.00 106.36 516.95 160.30 13 426.55 Unichm  Lab   [2] 218.15 210.95 217.60 235.45 209.80 296.15 374.90 197.50 ­  211.00
Precsn.Wre   [5] 279.30 282.90 288.00 288.70 280.00 16.75 330.85 133.10 12 283.35 MIRAEAMC  ­  MAFANG 58.01 58.62 98.41 69.00 44.00 ­ 
SJSEnterpris 448.90 435.30 450.00 456.40 430.20 239.04 551.00 419.05 ­  ­  Union  Bk 43.25 43.00 42.70 44.70 42.7011559.03 54.80 27.20 6 43.05
Premier 6.35 6.65 6.35 6.65 6.35 13.85 6.66 1.65 ­  6.66 MIRAEAMC  ­  MAFSETF 17.63 17.53 2890.88 21.00 15.05 ­ 
SJVN 27.55 27.85 27.60 28.35 27.00 2084.42 33.80 23.25 6 27.85 Uniph.Ent   [2] 108.55 109.40 112.00 115.10 108.40 22.58 149.95 60.00 14 110.40
PremierExplo 254.70 242.05 244.00 260.00 242.00 17.88 287.55 117.00 197 243.05 MIRAEAMC  ­  MAN50ETF 176.08 176.43 74.30 210.80 126.60 ­ 
SKF  India 3557.45 3877.85 3557.45 3946.65 3557.45 142.10 4159.30 1541.10 45 3864.90 United  Nil 346.20 350.90 347.15 356.05 341.90 1.00 499.90 280.40 ­  ­ 
PremPolyfil  [5] 64.50 65.15 67.00 67.00 63.50 10.88 59.50 25.30 ­  38.90
Skipper   [1] 68.75 64.70 68.95 70.90 63.50 186.88 98.35 51.50 43 64.55 United  Spr   [2] 890.10 882.95 888.60 904.80 876.50 3194.35 1019.75 495.15 78 883.10 MIRAEAMC  ­  MANXT50 417.20 421.63 17.75 530.18 300.29 ­ 
Pressman   [2] 26.95 27.05 26.60 27.45 26.45 9.09 39.30 19.30 12 27.05
SKM  Egg 65.45 67.25 65.95 69.90 65.85 72.94 98.45 43.65 15 67.95 UnitedDrilng 416.20 409.10 419.80 430.20 391.20 47.73 503.95 242.25 ­  ­  MIRAEAMC  ­  MASPTOP50 30.20 30.09 60.22 32.00 24.20 ­ 
Prestige  Est 416.50 421.75 415.90 436.80 414.00 1138.37 522.00 247.90 64 421.30
Smartlink   [2] 104.05 102.20 104.05 106.55 100.20 17.80 133.80 72.60 56 102.60 Univ.Cab 151.75 153.60 153.00 158.40 152.00 17.12 217.55 123.00 20 153.95 Motilal  Os  Midcap100  Etf 31.42 31.44 163.02 35.95 17.50 ­ 
PRICOL   [1] 110.55 112.05 110.00 115.80 110.00 1103.06 126.65 43.65 36 112.55
SMCGloblSecu 73.35 72.30 73.50 75.75 72.00 109.80 104.75 65.80 ­  ­  UnivastIndia 62.55 64.15 61.90 64.85 61.00 14.53 76.70 27.15 ­  ­  Motilal  Os  Nasdaq100  Etf 119.52 120.35 440.32 1143.10 95.80 ­ 
Prime  Foc   [1] 71.80 71.50 72.90 74.80 70.05 172.47 96.40 37.05 28 72.15
SML  Isuzu 633.70 642.45 638.00 657.95 638.00 15.49 842.80 412.90 ­  641.40 UniversusImg 600.45 649.70 629.00 660.45 615.50 97.25 660.45 154.95 ­  ­ 
Prime.Sec   [5] 106.90 106.20 106.00 109.70 106.00 205.13 133.25 37.20 30 107.90 MOTILAL OSWAL M50 ETF 169.60 169.16 1.91 194.00 115.95 ­ 
SMS  Phr   [1] 124.55 125.70 125.55 128.00 124.15 39.02 199.15 88.60 12 125.75 UPL   [2] 689.35 681.70 689.00 702.75 678.55 2524.08 864.75 416.05 131 681.95
PrincPipeFit 721.55 728.50 725.00 775.00 718.35 820.54 897.00 244.55 ­  ­  MOTILALAMC  ­  G5 49.26 49.40 1.14 57.40 45.00 ­ 
SMSLifeScien 850.70 879.15 851.80 885.00 850.70 3.86 1024.90 469.75 ­  ­  UrjaGlobal   [1] 8.20 7.80 7.80 8.05 7.80 7788.35 9.48 3.55 ­  7.82
PrismJohnson 120.05 122.30 120.00 123.15 120.00 251.16 149.35 78.95 21 122.20 NI I ETF NIFTY MIDCAP 150 113.12 114.36 379.42 127.00 73.20 ­ 
SnowmanLogi 38.80 38.70 39.40 40.20 38.55 401.17 71.25 37.40 ­  38.75 Usha  Mar   [1] 81.85 83.70 82.10 85.40 82.10 577.02 102.65 24.65 17 83.55
Prit.Nandi 43.60 42.50 45.50 45.50 42.35 18.12 61.00 13.82 ­  42.50 NiftyBeEs   [1] 184.55 183.70 2393.48 201.00 138.14 183.74
Sobha 799.20 856.55 807.20 869.95 805.05 1349.80 976.70 296.80 80 857.45 UTIAMC 1008.95 1095.65 1008.95 1155.00 1003.10 569.65 1216.20 505.00 ­  ­ 
PritikAutoIn 16.70 16.85 17.00 17.25 16.60 65.07 22.80 13.75 ­  ­  Utm.G.Stl 4.25 4.10 4.25 4.30 4.10 539.65 11.08 3.56 ­  4.11
Solar  Ind   [2] 2597.45 2767.45 2595.00 2813.75 2595.00 770.81 2932.95 1020.35 118 2765.35 NiftyJrBeEs   [1] 439.54 439.74 159.96 473.00 315.00 439.77
PriviSpecial 1630.05 1645.95 1647.00 1655.00 1603.00 17.01 2074.00 501.05 ­  ­  Utm.Sug 156.40 154.85 156.00 161.95 154.00 28.54 307.25 88.00 8 155.25
ProzoneIntu   [2] 25.50 25.20 25.25 26.35 25.05 201.61 56.45 15.30 ­  25.20 SolarActPhSc 1215.55 1274.05 1225.00 1285.00 1215.55 249.58 1859.95 1001.10 ­  ­  NIIndETFLong 22.81 22.85 6.68 25.00 19.25 ­ 
PSPProjects 469.05 472.65 470.05 485.20 470.00 55.31 552.20 393.75 13 474.85 Som  Dist   [5] 38.35 38.65 39.25 39.90 38.00 72.56 59.50 25.30 ­  38.90 NIPETFDivOpp 43.57 44.32 2.78 50.50 30.09 ­ 
PTC 107.30 110.90 108.80 114.00 107.70 1362.94 144.45 53.25 8 110.80 Somany   [2] 821.15 828.05 811.10 846.90 811.10 15.23 952.45 278.90 33 829.00 V ................................................. NIPP INDIA ETF NIFTY 100 179.37 179.07 2.25 219.40 128.10 ­ 
PTC  Ind  Fin 18.10 18.15 18.30 18.55 18.10 557.37 24.30 15.75 18 18.20 SomanyHomInn 384.25 403.45 372.00 403.45 372.00 53.70 464.00 68.10 ­  ­  V  Mart 3695.95 3947.65 3710.00 4019.35 3710.00 25.86 4620.00 2150.00 2205 3945.25 NippnInd­Nim 107.06 107.15 14.44 109.00 99.91 ­ 
PTL  Ent   [2] 47.20 47.30 47.20 48.75 46.95 31.89 58.05 35.05 8 47.50 SomiConveyor 38.30 36.45 36.40 39.90 36.40 30.56 68.50 19.05 20 37.30 VA  T  Wab   [2] 326.65 332.30 328.40 341.80 328.40 210.42 404.25 183.20 23 331.45 NippoIndETF 76.09 76.75 5.15 86.00 57.50 ­ 
PudumjeePap[1] 34.30 35.50 34.50 38.90 34.50 134.86 50.90 19.60 5 35.60 SonaBLWPrecn 743.50 748.30 750.00 770.95 736.55 1737.25 813.00 295.00 ­  ­  Vadilal 944.55 932.05 925.00 956.45 925.00 3.55 1264.00 744.95 281 940.75
Sonata   [1] 785.85 914.25 776.20 939.90 776.20 1209.90 1030.00 336.00 40 908.95 NIPPON  INDIA  ETF  NV20 94.64 94.89 4.53 104.90 66.10 ­ 
Pun.Natl.Bk   [2] 37.60 37.30 37.75 38.50 37.0552315.59 47.60 31.40 13 37.35 VadivrSpeChe 228.30 226.60 234.95 236.55 222.10 5.79 275.00 103.05 ­  ­ 
SorilInfrRes 101.95 101.60 103.90 107.15 100.95 64.24 227.35 71.00 ­  101.60 Vaibhav   [2] 503.20 490.45 500.00 534.50 485.55 209.66 1057.70 411.33 91 490.80 Nipponamc  ­  Netfpharma 13.71 13.79 523.46 17.44 13.26 ­ 
Punj.Chem 1404.55 1404.30 1436.30 1439.10 1383.00 4.62 1930.00 672.95 25 1402.20
Puravankra   [5] 132.40 135.70 135.30 140.15 134.25 151.72 166.35 63.00 18 135.35 South  In  Bk   [1] 8.55 8.70 8.55 8.85 8.50 5390.01 13.95 7.00 ­  8.72 VaishaliPhar 33.90 33.60 33.30 34.20 33.30 20.94 77.05 32.15 ­  ­  PSU  Bk  BeEs   [1] 28.14 27.98 1082.57 33.49 17.15 27.98
PVP  Ven 5.55 5.30 5.30 5.55 5.30 175.60 9.60 4.18 ­  5.29 SpandnaSphor 401.15 397.30 400.00 409.50 392.20 133.41 830.00 392.20 ­  ­  Vakrang   [1] 33.90 34.20 33.80 35.15 33.70 2106.72 69.85 29.15 ­  34.15 Qgold   [100] 2067.00 2064.90 0.61 2239.00 1903.10 2064.00
PVR 1377.05 1371.60 1380.05 1444.20 1361.05 1450.29 1838.00 961.00 ­  1372.95 SPApparels 377.70 375.40 384.85 394.95 370.35 34.96 442.00 132.00 16 379.65 ValiantOrgan 1039.90 1008.50 1046.00 1074.25 1003.50 43.53 3488.40 1003.50 ­  ­  Qnifty 1788.00 1774.96 0.69 1950.00 1352.00 1772.75
Spec.Rest 91.70 94.90 92.00 99.45 91.75 355.11 114.25 35.00 ­  94.90 Vard  Text 1980.55 2031.95 1982.00 2082.95 1958.00 385.26 2198.85 829.50 11 2032.25 RELCAPAMC ­ NETFGILT5Y 49.36 49.37 10.31 50.69 46.86 ­ 
Q................................................. SpencersRetl
SPIC
99.65
44.50
100.60
44.40
100.55
44.80
105.00
45.65
100.10 429.10
44.10 301.77
144.30
68.45
65.70
19.15
­ 
7 44.40
­  Vard.Acry
Vard.Hld
47.85
3005.45
49.00
3038.25
47.05
3003.55
50.70
3057.25
47.05
3000.00
78.23
0.30
310.00
3810.40
144.10 ­  255.30
1274.90 25 3066.00
RELCAPAMC  NETFIT 35.61 35.95 1005.94 40.00 21.25 ­ 
Quess  Corp 900.00 893.65 901.05 911.00 882.35 130.20 990.00 415.00 ­  893.30 Spicejet 70.75 70.10 70.10 73.25 69.05 7316.95 108.00 59.40 ­  ­  RELCAPAMC­NETFSDL26 106.65 106.65 0.25 109.33 100.93 ­ 
Vard.SPC 235.80 236.80 244.30 254.90 235.00 58.00 309.30 100.60 10 237.20
QuickHealTec 213.05 215.50 214.00 228.70 213.95 286.58 319.90 144.35 14 215.35 SPL  Ind 42.85 42.40 43.90 43.90 41.65 50.24 64.70 28.15 8 42.05 VarrocEngg 290.15 295.05 294.00 299.00 289.45 93.18 477.65 260.00 ­  ­  SBIAMC  ­  SBIETFCON 70.58 70.74 5.21 77.31 62.00 ­ 
SPML  Infra   [2] 19.60 20.55 20.55 20.55 18.65 1243.05 20.91 8.05 ­  20.89 VarunBevera 872.45 891.45 872.05 905.00 872.05 306.74 1020.00 548.87 84 893.25 SBIAMC  ­  SBIETFIT 356.28 358.37 4.69 395.90 203.00 ­ 
R ................................................. Sr.Leathrs 157.50 161.75 162.80 167.70 161.10 5.65 233.95 131.20 23 163.10 Vascon 21.55 21.80 21.70 22.35 21.25 263.40 31.75 13.30 ­  21.80 SBIAMC  ­  SBIETFPB 183.39 182.49 6.44 222.00 158.80 ­ 
R  Sys  Intl   [1] 307.40 313.70 302.35 351.90 288.95 926.10 352.20 109.00 34 312.75 Sr.Ray.HHP 307.55 306.80 307.55 321.00 303.10 9.88 417.00 220.95 8 307.50 Vaswani 13.70 13.85 14.00 14.55 13.55 20.75 19.72 4.35 8 14.00 SBIAMC  ­  SBIETFQLTY 150.75 150.81 1.84 164.98 114.01 ­ 
Radaan   [2] 1.60 1.65 1.65 1.65 1.60 106.12 1.70 0.75 ­  1.70 SRF 2056.20 2005.85 2079.00 2172.45 1977.4519073.00 2544.00 1013.47 51 2017.40 Vedanta   [1] 346.80 338.85 346.95 354.00 336.0017562.38 385.75 119.90 9 339.00 SBIAMC  ­  SETF10GILT 206.00 206.00 0.02 241.70 190.33 ­ 
Radico   [2] 1053.25 1122.30 1036.10 1126.90 1036.10 487.41 1215.00 422.65 53 1121.45 SrikalahPipe 183.20 180.30 184.65 187.45 178.55 35.90 247.95 123.75 5 180.45 Venky's 2402.40 2490.35 2445.00 2550.00 2419.25 62.12 3950.00 1494.70 13 2496.45 SBI­ETF  Gold 4280.05 4260.00 8.83 5044.60 3935.00 ­ 
RailTelCorp 114.40 117.25 115.65 118.45 115.30 617.53 189.70 101.00 ­  ­  Star  Pap 125.20 125.50 124.05 129.70 124.00 22.99 181.60 94.00 7 125.40 VenusRem 439.50 444.45 436.15 455.00 436.05 54.55 638.50 116.85 10 445.00 SBI­ETF  NIFTY  50 174.38 173.48 309.93 196.54 131.60 ­ 
RailVikasNgm 33.25 33.45 33.25 34.50 33.10 4268.96 44.80 20.60 ­  ­  StarCement   [1] 93.65 95.30 94.00 96.30 93.60 97.99 120.00 83.00 22 95.20 VertozAdvtsg 80.85 82.55 82.00 85.00 79.60 54.10 322.00 79.60 ­  ­ 
Rain  Ind   [2] 193.30 198.25 194.00 201.50 194.00 1276.28 272.90 110.60 ­  199.55 STC  India 90.45 91.90 91.80 96.50 90.90 34.13 138.75 65.00 ­  91.60 Vesuvius 1220.40 1174.20 1235.00 1243.00 1162.20 5.91 1362.00 903.50 34 1175.60 SBI­ETF  NIFTY  BANK 359.03 356.28 22.74 420.00 289.00 ­ 
Raj  TV   [5] 34.90 34.45 35.70 35.70 34.25 0.69 68.30 29.15 ­  35.00 STEELCAST 278.50 293.70 278.45 298.00 259.90 3.00 312.50 259.90 ­  ­  Veto  Switch 104.65 107.15 105.40 109.45 103.25 41.42 171.85 67.05 9 107.35 SBI­ETFNN50 435.11 435.44 21.42 468.60 290.10 ­ 
Raj.Exp   [1] 707.35 765.40 710.90 792.80 710.90 1317.51 795.00 450.20 36 766.95 SteelCitySec 56.20 56.40 58.00 58.00 56.10 7.04 98.70 28.20 ­  ­  V­Guard   [1] 232.15 244.75 233.30 247.35 233.25 778.64 285.00 175.00 46 243.85 Sharia  BeEs 433.66 434.32 0.57 518.00 281.10 437.57
RajdharshInd 30.00 28.45 30.05 32.50 27.65 6.60 42.25 9.80 ­  ­  SteelExIndia 86.75 86.55 87.00 88.50 85.15 490.03 96.00 30.30 ­  ­  VidhiSpclIng  [1] 324.80 324.70 327.90 333.25 321.45 22.92 415.90 112.50 32 324.75 TATAAML  ­  NETF 176.71 177.81 1.58 222.68 132.57 ­ 
RajnandniMet 159.35 153.40 159.75 160.50 152.65 13.75 166.90 37.25 ­  ­  Stel  Hld   [1] 147.15 148.95 142.75 153.30 142.75 53.26 0.22 NA ­  ­  VijayaDianos 572.05 576.50 570.20 582.60 570.20 93.87 672.00 532.50 ­  ­  TATAAML  ­  NPBET 186.48 185.15 1.96 228.89 150.70 ­ 
RajshreePolypk 198.85 194.90 214.00 214.00 187.00 35.07 241.95 186.00 ­  ­  Ster.Tool   [2] 178.70 181.40 186.00 186.30 179.80 18.22 257.00 163.00 17 181.80 VikasEcoTec  [1] 2.40 2.30 2.30 2.30 2.30 786.22 3.35 1.01 ­  2.24 UTI  Gold   [1] 41.60 41.50 206.39 46.75 39.21 41.47
Rajsr.Sug 22.10 22.75 22.00 23.00 21.50 10.58 38.30 13.29 ­  22.60 Sterlg&Wilsn 382.60 399.70 383.00 409.80 383.00 2166.36 509.10 183.50 ­  ­  VikasLifecre 3.15 3.20 3.15 3.25 3.15 4302.74 8.50 2.65 ­  ­  UTIAMC  ­  UTIBANKETF 36.16 35.82 5.04 428.00 26.40 ­ 
Rallis   [1] 255.20 249.00 255.75 259.80 247.25 318.06 362.00 243.85 26 249.60 SterliteTech 268.30 276.35 271.00 278.90 268.05 489.35 318.00 150.00 ­  ­  VikasPro&Gnt 1.55 1.55 1.60 1.60 1.55 1156.13 3.75 1.50 ­  ­  UTIAMC  ­  UTINEXT50 43.77 43.81 5.67 435.30 33.00 ­ 
Rama  News 18.85 18.75 18.60 19.45 18.60 39.92 27.60 13.10 ­  18.75 StoveKraft 975.15 951.50 979.70 997.40 940.00 86.15 1133.70 406.10 ­  ­  VikasWSP 3.40 3.35 3.45 3.50 3.35 885.30 8.05 2.95 ­  ­ 
Rama  Steel   [5] 231.80 229.95 220.30 235.00 220.30 29.80 294.80 41.30 40 224.80 Str.Arcolab 491.40 487.85 490.00 501.75 484.00 805.85 1000.00 471.60 67 488.45 Vimta  Lab   [2] 363.35 375.85 366.00 384.00 366.00 106.80 405.25 136.90 24 375.20 UTIAMC  ­  UTINIFT 1796.22 1791.89 1.04 2240.00 1373.50 ­ 
Ramco  Cem   [1] 934.45 941.05 934.45 955.00 925.10 409.46 1130.95 752.15 20 946.75 StylamIndust 1030.75 1005.70 1019.80 1034.05 998.00 3.77 1419.90 927.25 ­  ­  Vinati  Org   [1] 1947.05 1883.15 1947.00 1975.75 1870.00 56.95 2180.40 1080.00 65 1878.65 UTIAMC  ­  UTISENS 603.07 601.46 2.77 737.55 452.95 ­ 
Ramco  Ind   [1] 247.20 243.85 251.70 256.90 239.00 51.86 366.00 205.00 16 245.95 SUBEX 50.30 50.40 50.90 52.25 49.75 4703.46 74.40 23.20 ­  ­  Vindh.Tel 953.85 960.00 962.25 980.00 954.00 10.13 1499.00 737.00 11 959.60 UTIAMC  ­  UTISXN50 49.04 49.51 0.77 426.90 37.10 ­ 
Ramco  Sys 370.35 380.65 371.95 384.25 371.95 43.77 784.15 366.70 312 380.20 Subros   [2] 350.60 350.20 351.10 357.50 343.00 23.72 418.00 283.00 37 349.90 VineetLabs 72.60 71.25 72.40 73.80 69.65 18.47 124.00 61.00 ­  ­ 
Ramk.Forg 913.80 901.45 901.00 939.90 898.65 127.00 1259.60 430.00 23 902.75 Sud.Chem   [2] 558.95 562.60 559.00 569.60 555.25 60.48 791.95 439.90 33 562.00 Vinyl  Chm   [1] 225.00 226.85 228.75 234.95 224.55 41.40 330.55 102.00 22 226.70 *:  Closing  price  is  the  average  of  trade  price(s)  for  the  last  half  an  hour;52­Week  High/Low  figures
Ramky  Inf 154.10 148.40 152.00 157.90 147.25 77.99 209.55 34.00 8 148.80 Sumeet 8.30 8.30 8.30 8.70 8.25 163.88 12.78 1.90 4 8.38 VIP  Ind   [2] 536.95 559.10 537.00 574.25 536.95 500.59 668.00 309.00 ­  561.50 pertain  to  BSE.
Rana  Sug 22.80 23.90 22.80 23.90 22.80 380.20 38.30 5.90 2 23.90 Sumit.Sec 623.35 635.65 623.35 646.70 623.35 1.35 861.55 460.05 30 634.50 VIPClothing   [2] 19.10 19.90 19.15 20.05 19.15 232.79 27.80 10.30 ­  19.95 Shares  of  face  value  other  than  ₹10  is  indicated  in  brackets  immediately  following  the  name  of  the
Rane  (M) 332.10 336.80 336.95 344.00 333.00 7.93 496.00 219.00 15 336.75 SumitomoChem 350.95 371.65 351.00 374.50 351.00 512.13 459.90 268.20 ­  ­  Vipul  Ltd   [1] 23.65 23.45 24.55 24.55 22.55 6.08 41.90 14.75 ­  23.70 company.
Rane  Brk 732.15 738.30 738.90 756.25 735.00 3.61 1200.90 681.10 17 736.30 SumitWoods 10.20 10.15 10.00 10.55 10.00 14.39 22.00 7.45 ­  ­  Visagar   [1] 1.15 1.10 1.15 1.20 1.10 8964.98 1.91 0.37 ­  1.15 Qty  (No  of  shares  traded)  is  denoted  in  thousands.
Rane  Eng 254.75 261.45 259.00 267.90 258.00 3.91 386.00 211.40 ­  261.65 Sun  Pharma   [1] 751.05 753.60 751.00 761.65 746.05 5505.27 850.00 514.75 101 753.95 Visak.Ind 557.95 580.20 560.15 582.85 560.15 16.08 873.55 338.00 8 579.75
Rane  Hld 581.60 581.50 589.00 596.00 572.20 25.17 782.45 465.95 47 579.90 Sun Phr Adv  [1] 247.10 246.80 248.00 253.90 244.40 237.15 311.90 141.00 ­  246.25 VishalFabric 89.15 88.70 90.50 92.55 88.50 39.57 132.70 40.70 ­  ­  The  PE(price­earnings  multiple)  of  each  stock  is  based  on  the  latest  declared  earnings.
RatanindiaEn 43.95 42.80 42.35 46.10 42.35 3599.06 55.90 4.55 ­  ­  Sun  TV   [5] 522.30 520.95 524.95 535.50 517.80 875.95 611.25 429.30 12 521.25 VishwarajSug 28.95 29.00 28.60 30.10 28.15 1816.96 220.00 28.15 ­  ­  The  PE  computation  takes  into  account  the  per  share  earnings  of  each  company  for  the  latest  12
Ratnamani   [2] 2040.10 2206.95 2090.00 2305.30 2082.00 171.23 2300.00 1455.00 35 2211.15 Sund.Brak 352.90 354.75 347.25 362.85 347.25 1.06 480.05 275.00 27 352.05 Vivi  Lab   [2] 18.70 18.60 18.90 19.80 18.45 308.32 41.50 12.90 ­  18.70 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

11Mpd 2.50 2.25 Barbeque [5] 1451.10 1477.25 Diamines&Chm 234.65 232.35 Iiflwam [2] 1444.50 1497.05 Kpiglobal 233.40 238.10 Neogen 1396.35 1395.35 Relhome 3.96 3.77 Singer India [2] 65.00 65.25 N G
A.Sarabhai 29.10 28.40 Baroda Extr. [1] 3.86 3.99 Dodla 575.90 579.10 Incon Engg. 35.55 37.30 Kpittech 441.25 494.40 NglFine Chm [5] 2634.20 2592.70 Resonance 172.85 174.55 Sintexplast [1] 14.54 13.82 m G H mm & H m
Aail [5] 42.80 42.05 Basant Agro [1] 11.06 11.43 Dynamic 90.15 86.25 Ind.Acrylics 12.46 12.08 Kriti Nutri [1] 37.95 38.45 Nilaspaces [1] 2.19 2.27 Rgrl 24.35 24.55 Siptl [1] 0.79 0.82 m D K
Aarey Drugs 34.75 33.85 Bclil 218.00 218.05 Earum 67.00 70.35 Ind.Toners 170.05 167.75 Krsnaa [5] 697.30 696.95 Niyogin 76.75 73.35 Riba Textils 43.45 43.60 Sisl 797.75 797.15 G m N
Aartisurf 1028.10 1016.60 Bcpl 44.80 44.25 Eco Board In 27.75 26.45 IndaRubber [2] 77.20 77.80 Lancer 207.05 217.35 Novartis [5] 756.40 782.25 Rnb Denims [2] 33.80 35.45 Sjs 449.35 435.45 m
Abslamc [5] 574.85 577.65 Bectorfood 383.55 385.00 Equitasbnk 62.10 59.55 Indiamart 7346.40 7419.95 Latentview [1] 640.65 656.95 Ntc Indust 115.30 111.15 Rolexrings 1032.35 1043.10 Smgold 214.05 219.10
Aci Infocom [1] 1.72 1.80 Bestagro 1142.50
Bhagira.Chem 805.50
1116.50
828.65
Evexia [2]
Exxaro
11.08
142.90
10.52
141.35
Indian Info. [1]
Indigopnts
3.59
2144.55
3.76
2213.70
Latimmetal
Lee&Nee Soft
81.50
11.92
83.05
12.51
Nureca
Nuvoco
1478.65
507.70
1491.05
537.15
Rossari [2] 1307.70
Roto Pumps [2] 312.80
1289.55
312.60
Smlt
Smruthiorg
101.65
212.45
105.05
218.10 V
NSE Trade for Trade
Acrycil Ltd. [2] 811.50 808.95
Ador Fontech[2] 62.40 62.20 Bharat Seats [2] 68.60 69.30 Facor Alloys [1] 6.26 5.95 Indo Amines 202.50 201.80 Lelavoir 36.45 36.05 Nykaa [1] 2484.10 2438.45 Route 1751.30 1812.30 Snim [1] 45.90 48.15 C m P C C C m P C C C m P C C
Afel 46.65 49.20 Bhilwra Tec [1] 15.22 14.46 Fairchemor 1727.85 1725.30 Indoboraxc [1] 130.10 130.10 Likhitha 321.70 319.60 Nyssacorp [1] 6.75 6.71 Rubfila Int. [5] 95.25 95.50 Solara 1214.85 1272.60
Aiil [1] 150.75 150.50 Bihar Sponge 8.16 8.11 Faze Three L 273.60 271.05 Indrayani Bi 24.70 24.40 Lkpsec [2] 11.60 12.05 Oal [5] 729.80 749.05 Rvnl 33.45 33.55 Sonacoms 743.30 748.00 U C m A O HV W
Ajanta Soya 192.20 200.90 Bilcare Ltd. 73.80 73.35 Fermenta [5] 284.80 288.05 Int.Conveyor [1] 64.25 65.40 Lloyds Met E [1] 79.65 78.75 Omni Ax's So 1.97 1.91 Saboo Sodium 25.45 25.70 Sp Capital 20.90 19.55 U C D
CD D
Alexander 23.20 23.10 Birla Pretec [2] 24.80 23.60 Fiberwb In 38.20 38.15 Integra Eng [1] 79.90 77.90 Lodha 1427.20 1409.40 Orchasp [2] 3.86 3.67 Sadhana Nitr[1] 39.70 39.75 Spandana 401.65 395.05 U m
A m W w
Alfavison.Ov 91.85 92.70 Birlatyres 22.80 22.80 Filat Fash [5] 4.05 4.02 Integra Tele 36.55 34.75 Looks 15.90 16.65 Orientelec [1] 350.75 392.30 Saint­Gobain 67.35 68.05 Spel Semicon 22.10 22.90 U D
Bla Ros Ind [1] 197.60 200.55 Finopb 437.60 446.65 Ion Exchange 2030.70 2153.10 Loy.Tex Mill 981.60 1018.90 Osiajee 42.45 41.10 Sandur Mang. 1909.25 1922.35 Spencer [5] 99.90 100.50 U A &
Alka India [1] 1.51 1.44 A D ND AN HO
Alu Fluoride 262.05 266.50 Bmw [1] 38.45 40.10 Flomic 190.85 181.35 Ipl [1] 298.35 296.00 Ludolow Jute 95.10 95.80 P.G.Foils 396.80 387.50 Saninfra 254.75 263.75 Spicejet Ltd 70.80 70.10 U m
Boroltd [1] 287.90 290.20 Fluorochem [1] 1994.20 1964.55 Ircon [2] 45.05 44.85 Luharuka [1] 1.81 1.72 Palmjewels 16.75 16.20 Sansera [2] 793.90 787.10 Sportking 1239.50 1261.00 U A O
Amines&Plast [2] 108.40 108.05 A N m W & w w
Amintan [1] 2.62 2.74 Bridge Secur 65.80 62.55 Foods & Inns [1] 83.00 87.15 Irctc [2] 775.55 794.35 Lxchem [2] 397.75 414.70 Pan India C 3.02 2.87 Sapphire 992.40 1019.55 Srestha [2] 2.67 2.54 U
Burgerking 143.80 148.65 Force Motr 1342.85 1301.65 Irfc 23.15 23.25 Madhavipl [1] 4.90 4.78 Paras 736.05 705.25 Satia [1] 83.50 85.05 Sri Digv Cem 74.80 76.20 V A m C C
Amiorg 906.55 901.85 A D m
Andhra Petro 114.30 118.15 Cams 3024.50 3065.55 Ganesh Benz [1] 78.00 77.85 Isec [5] 742.60 733.70 Madrasfert 26.60 26.60 Parleind 8.27 8.25 Sauras.Cem. 72.90 72.15 Starteck 119.00 119.00 V
Captain Poly [2] 22.35 22.55 Gennex Lab [1] 6.99 6.96 Isgec [1] 570.00 546.20 Mahavirind [5] 1.01 0.98 Pas.Acrylon 29.00 28.95 Sawaca Busi 6.65 6.98 Steel Exch V A m N w
Andrew Yule [2] 21.70 22.10 V M
Ang 522.95 497.25 Cartrade 946.95 913.35 Genpharma [1] 6.72 6.62 Ishan Dyes 95.10 96.05 Mahepc 118.05 120.00 Paushak Ltd 9274.30 9620.50 Sbc 108.20 111.15 V
Cg­Vak Softw 189.95 211.15 Ggeng [2] 16.20 16.10 Isw Ltd [1] 2.56 2.44 Mancredit 83.20 92.30 Paytm [1] 1734.20 1701.30 Sbicard 936.70 950.55 V G A
Angelone 1036.45 1016.75 W O
Anuh Pharma[5] 102.90 102.20 Chamanl Se [2] 91.55 93.20 Ggl 13.87 14.26 Jagan Lamps 71.95 71.55 Mangalam In[1] 3.57 3.74 Perm Magnets 397.90 381.10 Sbisensex 605.47 604.74 m m V
Chandni Te 49.05 46.95 Gland [1] 3604.15 3581.80 Jameswarren 254.35 254.40 Manorama 1357.80 1370.95 Pharmaids Ph 14.30 14.25 Scanstl 33.30 32.75 V K m
Anup 943.95 988.75 mA
Chandra Prab 120.35 120.95 Globus Con 67.25 68.95 Jasch Indust 114.25 112.30 Manorg 1006.30 992.80 Piccadily Ag 24.30 24.45 Sctl 1.16 1.11 V mG K M
Anupam [1] 2.53 2.41 m
Charterlogis [1] 12.35 11.75 Gls [2] 609.90 611.50 Jaykay [1] 49.90 49.15 Manvijay [1] 69.00 72.10 Pix Trans 732.05 739.55 Seacoast 184.55 184.65 V G K
Anuras 794.40 787.80
Apollotri [2] 772.85 784.05 Chemcon 341.10 344.35 Gocolors 0.00 1252.60 Jayshri Chem 6.45 6.14 Maxhealth 373.75 380.20 Pmcfin [1] 3.26 3.10 Setfnif50 174.54 174.13 V W C W K
Chemplasts [5] 567.75 569.85 Golkunda Dia 87.50 85.40 Jct Ltd [2] 4.48 4.26 Maxindia 75.60 76.35 Policybzr [2] 1228.65 1214.20 Setfnifbk 359.43 356.70 V C M A C M
Aptus [2] 308.25 312.75
Arl 193.00 200.10 Cheviot Co. 1294.70 1312.15 Goodricke 218.85 213.30 Jindal Hotl 37.25 37.25 Mayukh [5] 19.55 19.50 Polycab 2216.10 2304.65 Sgrl 317.65 309.20 V CG w & M
Artemismed [1] 33.65 33.65 Chowgule St 17.90 18.72 Goodyear (I) 958.15 953.05 Jstl 127.90 121.55 Mazdock 257.45 258.70 Powerindia [2] 2415.15 2614.45 Shangar [5] 6.29 6.11 w V V C M mG w
Artson Eng [1] 98.45 94.60 Clean [1] 2009.00 2140.05 Grauer& Weil[1] 58.90 59.40 Jtl Infra [2] 219.35 219.25 MediaMatrix [1] 8.14 8.16 Ppl 150.35 147.05 Sharika [5] 9.22 9.68 w V G C M m C
Ashirwa Cap [1] 5.01 5.10 Cni Res Ltd [1] 2.38 2.48 Greencrest 5.10 5.00 Jublingrea [1] 551.55 548.75 Mega Corpn. [1] 1.55 1.54 Praveg 135.00 138.20 Sharp India 56.70 54.00 m V DCM M DH
Asian Petro 41.25 39.80 Coast Corp 253.30 254.10 Greenpanel [1] 364.30 373.15 Jyoti Resins 773.50 790.85 MenonPiston[1] 40.85 40.95 Princepipe 720.50 731.50 Sharp Inv [1] 2.62 2.49 V DCW M
Asian Tea 17.50 16.55 Com Fincap 58.00 59.60 Grinfra [5] 1732.60 1713.85 Kalyankjil 66.30 67.15 Mfl 658.00 668.25 Prism Medi 6.85 6.97 Sheetal Diam 13.00 12.35 V D M D
Asianene 122.50 124.50 Cosmo Ferr. 181.45 184.60 GrmOversea[2] 377.20 396.05 Kanchi 794.35 791.95 Minaxi Text. [1] 1.48 1.48 Prismx [1] 8.72 9.15 Shil [2] 384.00 403.10 A V w D V M m G
Asm Technolo 258.85 263.25 Craftsman [5] 2230.20 2273.70 Grwrhitech 811.50 796.00 Kanelind 4.60 4.83 Mishtann [1] 18.35 18.65 Pritikauto [2] 16.70 16.80 Shiv.Bimetal [2] 333.60 334.75 W D N m
Asrl 172.85 168.40 Cressanda So[1] 3.70 3.88 Guj.Themis. [5] 494.50 494.75 Kcp Sugar In [1] 19.45 19.25 Mkexim 121.30 127.35 Pun.Alkali 219.05 219.50 ShivCement [2] 34.25 35.85 W D C m N G W
Asso.Alcohol 495.60 503.20 Ctl [1] 10.84 11.92 Haldyn Glass [1] 37.35 37.75 Khaitan Che [1] 57.80 59.45 Modison Met[1] 68.90 70.70 Raclgear 529.30 555.00 Shivalik [5] 801.80 796.05 w W m N m
Atishay 58.00 53.65 Cubical Fin. [2] 1.99 1.93 Hawkins Cook 6119.60 6116.50 Kilpest (I) 434.45 422.05 Mol [1] 100.20 96.40 Radhe Devlop 350.80 355.40 Shree Global [1] 4.58 4.77 G W D N
Available Fi 103.45 98.90 Deccangold [1] 20.00 19.75 Hemiprop 130.40 131.00 Kims 1227.40 1222.90 Morgan Cru [5] 971.15 971.45 Radiocity [2] 22.55 22.30 ShrJagdamb [1] 917.00 946.65 W G C O G
Avantel Ltd 687.15 686.35 Decipher 55.05 49.55 Heranba 644.00 649.10 Kinetic Eng. 66.15 64.75 Moschip [2] 42.75 44.05 Raghuvir Syn[1] 387.20 406.55 Shyamkam Inv 14.15 14.25 Wm G Om C m V
Avi 56.70 57.50 Deepak Spinn 242.10 252.60 Hfil 16.60 16.80 Kirl.Ferrous [5] 227.90 223.05 Mstc 327.20 334.90 Railtel 114.50 117.20 Shyammetl 313.05 310.75 W G O O V
Avonmore 47.40 48.05 Deepind 143.85 143.50 Himtek [2] 126.40 122.95 Kirlosar Pn [2] 415.30 427.60 Mtartech 2034.10 2102.55 Rajoo Engin. [1] 23.95 23.00 Siddha Ven 4.11 4.31 W G O m V C m
Awhcl [5] 286.15 286.30 Devyani [1] 139.00 147.90 Hleglas 5762.95 5908.65 Kkalpanaind [2] 45.10 48.10 Nat.Peroxide 1834.50 1790.90 Ram Rat.Wir[5] 150.30 146.45 Sigachi 467.35 410.95 m G W
Bajaj Steel [5] 814.70 828.90 Dhanvarsha [2] 97.80 109.00 Homefirst [2] 788.70 808.15 Kmc Shil [1] 62.80 62.65 Natural 15.35 14.90 Rama Phosph 301.00 304.90 Simplex Pap 43.70 45.00 H M H m W
Bajajhcare [5] 356.85 351.70 Dharamsi Chm 298.45 307.10 Icicinv20 91.75 92.34 Kotaknifty 180.20 179.09 Natural Caps 198.75 200.20 Rasi Electro [2] 7.71 8.21 Sinclair Hot [2] 73.80 74.35 H M M W M
Balmer La.In 397.40 395.95 Dhruv 74.45 67.80 Iiflsec [2] 85.75 84.50 Kpel 125.75 130.55 Ncl Research [2] 6.25 5.94 Rel.Chemotx 246.75 249.40 Sindhu Trade 608.25 596.75 H M O M M C

CM . .. . . . . ...BM­BME
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