HYDERABAD ­ THURSDAY ­ FEBRUARY 1, 2024
BULLION TRENDS.
BENGALURU ­ CHENNAI ­ COIMBATORE ­ HUBBALLI ­ HYDERABAD ­ KOCHI ­ KOLKATA ­ MADURAI ­ MALAPPURAM ­ MANGALURU ­ MUMBAI ­ NOIDA ­ THIRUVANANTHAPURAM ­ TIRUCHIRAPALLI ­ TIRUPATI ­ VIJAYAWADA ­ VISAKHAPATNAM
QUICKLY.
SPIRALLING DEBT
Auditor flags RINL’s ability to
carry on as a ‘going concern’
New Delhi: The net debt of
state­owned steel­maker
Rashtriya Ispat Nigam Ltd
(RINL) spiralled to over
₹20,400 crore in FY23, up 20
per cent year­on­year, with the
debt­equity ratio going up
10­fold to 52.29. Independent
auditors have raised concerns
about the company’s ability to
continue as a “going concern”,
f098efd8-cc7f-4a06-b5f8-605fc051f204
and indicated that the entity “is
facing cash­flow problems”. p2
DAY­TO­DAY ACTIVITY
Byju’s investors miffed
with founder’s role
Bengaluru: Troubled edtech
major Byju’s investors have
expressed reservations over
founder Byju Raveendran’s
involvement in the day­to­day
running of the company,
according to sources. This
comes at a time when Byju’s
kicked off a $200­million
fund­raise via a rights issue on
January 29. p2
16TH FINANCE PANEL
Govt names 3 full­time,
one part­time member
New Delhi: President Droupadi
Murmu has appointed three
full­time members and a
part­time member to the 16th
Finance Commission. p3
FinMin slashes import duty on
mobile parts; 3­5% price drop likely
Shishir Sinha
S Ronendra Singh
New Delhi
The Finance Ministry has
slashed the import duty by 5
percentage points on vari­
ous components required
for mobile handsets.
Though some experts feel
prices can come down by 3­5
per cent, others are unsure
of any reduction.
According to a Finance
Ministry notification, duty
has been lowered on mobile
phone components such as
battery; front, middle and
back covers; lens, antenna
of any technology; case/seal­
ing gaskets of PU, PE, PP,
EPS, PC; all other individual
or combinations of poly­
mers; SIM socket; screw and
side key.
All these will now attract
import duty of 10 per cent
as against 15 per cent.
However, the notification
does not specify any date for
implementing the lower
duty.
Tarun Pathak, Research
Director with Counter­
In margin push, Wipro plans major mid­level layoffs
Our Bureau
Bengaluru
IT major Wipro is planning
to lay off hundreds of mid­
level onsite employees in a
bid to improve margins, ac­
cording to reports. This
comes as the company is fa­
cing growth challenges and
has been lagging peers in
the market downturn. The
intimations were sent to
employees early in January.
As a news publication re­
ported, Wipro’s onsite re­
sources in Capco are ex­
tremely costly, and while
growth is returning, it is
still insufficient. The goal
for CFO Aparna Iyer is to
demonstrate higher mar­
gins this quarter.
Of the four largest IT
service companies listed in
India, Wipro has the lowest
CM
YK
VROOMING SALES.
RBI lens on bank business
models for underlying risks
ON ALERT. With rising cost of liabilities and changes in portfolio composition, the
central bank review is seen as critical to gauge the long­term sustainability of banks
Hamsini Karthik
Mumbai
With the asset quality and
capital adequacy of the bank­
ing system comfortable at
the systemic level, the RBI’s
focus has shifted gears to as­
sess the long­term stability
and sustainability of the busi­
ness models of banks.
In the recently concluded
Financial Stability Review
process internally conducted
by the central bank, business
models of banks were ana­
lysed extensively on these
parameters.
PRIORITISING BIZ MODELS
According to sources, the fo­
cus on business models had
increased post­pandemic
and assumed greater em­
phasis post the repo rate
hikes since May 2022. Also,
with banks realigning their
business models more to­
wards retail banking in the
last 4­5 years, the need for
critically examining the sus­
tainability of some of these
businesses has become im­
portant.
“The objective of this exer­
point, said: “This will bene­
fit the OEMs in reducing the
cost, which will, in turn, be
passed on to the end cus­
tomer in the near term. This
move can help lower smart­
phone prices by 3­5 per
cent, making devices
affordable.
OFFLINE EXPANSION
However, Faisal Kawoosa,
Chief Analyst at Techarc, is
unsure about a price reduc­
tion.
“OEMs may not be keen
to pass this on to end con­
sumers. Rather they may
use this either in increasing
channel margins or some­
where else. Since all brands
are on ‘premiumisation’
mode, bringing down costs
COST­CUTTING. Employees were intimated early in January.
margin. Its margin for the
December quarter was 16
per cent vis-a-vis HCL
Technologies’ 19.8 per cent,
Infosys’ 20.5 per cent, and
Tata Consultancy Services’
25 per cent.
‘LEFT-SHIFT’ STRATEGY
Reports also suggest that
the job cuts are a part of
‘Left­Shift’ strategy, where
UNDER THE SCANNER
£ The RBI has increased focus
on assessing the long­term
stability and sustainability of
banks’ business models
£ The exercise has assumed more importance post the
pandemic, repo rate hikes and the rise in the
proportion of retail loans
£ ALM practices, CD ratios of banks are under RBI lens
£ The exercise is seen as an early stress detection
process to avert failures at bank or systematic level
£ Potential risks include portfolio concentration,
product mis­pricing, technology or internal audit
related deficiencies
cise is to look for underlying
risks in the business models
and take corrective actions
so that any mishaps can be
averted whether internally at
a bank or at a systematic
level,” said a highly placed
source aware of the matter.
These could be portfolio
concentration risks, risk of
product mis­pricing, or tech­
nology or internal audit re­
lated deficiencies. Checks are
being run on the business
models of banks to ensure
that there are no ALM (asset­
liability management) mis­
isn’t the focus. So, this sav­
ing gives them the cushion
to spend more. For instance,
increasing the channel com­
mission at a time when all
brands are expanding off­
line,” he said.
Kawoosa felt that the
duty­cut also indicates that
the dependence on impor­
ted components has not
come down.
“The duty was hiked at
the first instance to pro­
mote localisation. Now, we
are again decreasing it to
give some comfort to OEMs
to make in India. Some­
where, we must stop this
roller­coaster approach and
be tough with the ecosystem
to force time­bound res­
ults,” he said.
Pankaj Mohindroo,
Chairman, India Cellular
and Electronics Associ­
ation, called this a policy in­
tervention to make mobile
manufacturing competitive
in India.
Building scale and riding
on low input tariffs are key
to transforming India into a
global hub for electronics
manufacturing and exports.
a Level 2 employee receives
the tasks of a Level 3 em­
ployee and is provided with
the necessary tools. The
notion is that the work of a
Level 1 employee is auto­
mated, and a Level 1 per­
son completes the Level 2
task.
Under Thierry Delaporte,
Wipro acquired Capco for
$1.45 billion in 2021, its
₹10 • Pages 12 • Volume 31 • Number 31
With its demand for jewellery rising Maruti Suzuki’s net profit rose
10%, China pipped India to turn the top gold 33.25 per cent year­on­year to
consumer of the world in 2023 p10 ₹3,206 crore in third quarter p2
Regd. H/SD/322/2015­17, RNI No. 55320/94
Ahead of Interim Budget, cheer on GST
and fiscal deficit; core sector disappoints
KR Srivats KEY INDICATORS
Shishir Sinha
£ GST collection in January tops ₹1.72­lakh crore, the
New Delhi
second highest­ever monthly mop­up
On the eve of the Interim £ At ₹9.82­lakh crore, fiscal deficit narrowed to 55% of
Budget, high frequency eco­ the Budget estimate in April­December period
nomic indicators sent mixed
£ Eight core industries’ output growth slumped in
ure loans because over a signals. While the January GST December to a 14­month low of 3.8%
period it can result in ALM is­ collection surged over ₹1.72­
sues. These are some of the lakh crore, the second highest
aspects the regulator is look­ monthly mop­up, and the fiscal ₹17.30­lakh crore, or 74.2 per year. It was also lower than 7.9
ing into,” said a senior banker deficit in the first nine months cent of the BE compared with per cent growth of November .
f098efd8-cc7f-4a06-b5f8-605fc051f204
with knowledge of the review of FY24 narrowed to 55 per ₹15.56­lakh crore in the same For April­December period,
process. cent of the BE, the output of period last year, according to core industries growth came in
That said, the RBI princip­ eight core industries slumped the data. Total expenditure dur­ at 8.1 per cent, the same level as
ally does not involve itself in in December 2023 to a 14­ ing the period was ₹30.54­lakh the year ago. In December,
the overall operations and month low of 3.8 per cent. crore, or 68 per cent of the full­ other than crude oil, which con­
functioning of banks. GST revenue for January year estimate, compared with tracted 1 per cent, all other in­
2024 surged to ₹1.72­lakh ₹28.18­lakh crore in the same dustries recorded positive
KEEPING THEM IN THE KNOW crore, reflecting an impressive period last year. growth. The industries — coal,
According to the sources, the 10.4 per cent Year­on­Year natural gas, crude oil, refinery
outcome of these review pro­ growth. This is the second­ CORE SECTOR products, fertilizers, cement,
cesses is constantly commu­ highest monthly collection ever The core sector’s December steel and electricity — have a
nicated to banks in closed­ and the third time in FY24 top­ reading was much lower than weight of 40.27 per cent in the
room discussions. ping ₹1.70­lakh crore. the 8.3 per cent growth seen in Index of Industrial Production .
However, in certain cases the same month the previous Also read p3
matches, unreasonable ex­ where the extent of correct­ FISCAL DEFICIT
uberance in product pricing ive actions required may be The fiscal deficit narrowed to
and comfortable growth to
maintain a judicious credit­
significant or the regulatory
discomfort with certain prac­
55 per cent in April­December
from 59 per cent in the same
Govt will follow the tradition of
deposit ratio. tices is high, these observa­ period a year ago. interim Budget in a poll year: PM
An e­mail sent to the RBI tions have been flagged in the According to latest data,
seeking confirmation of this annual inspection report for made public by Controller Gen­ Shishir Sinha imminent, the complete Budget is
remained unanswered till FY23. eral of Accounts (CGA), the New Delhi not presented. We will adhere to
press time. These reports, too, are fiscal deficit for the first nine Prime Minister Narendra Modi on this tradition and present the full
“Increasingly, banks are private communication months of FY24 was ₹9.82­lakh Wednesday said the government Budget after the formation of the
raising deposits of short­ten­ between the regulator and crore, or 55 per cent of the es­ will “follow tradition” in the interim new government. This time, the
ure maturity, but short­ten­ banks, except in certain cases timate for the whole year. The Budget. He simultaneously country’s Finance Minister,
ure deposits cannot be relied such as under­providing for Budget has estimated fiscal de­ targeted the Opposition for Nirmalaji, will be presenting her
upon extensively to cover loan where the impact of ficit at 5.9 per cent of GDP or “frequently disrupting” Budget tomorrow with some
long­term loan book. Also, these observations can have a ₹17.87­lakh crore. Parliamentary proceedings. guiding points,” Modi said.
banks shouldn’t be excess­ material effect on the finan­ Net tax revenues for the “Traditionally, when elections are Details p3
ively focussing on short­ten­ cials of a bank. April­December period were
Paytm Payments
Bank restrained
from offering
services post Feb 29
Anshika Kayastha
Mumbai
The Reserve Bank of India has
imposed restrictions on Paytm
Payments Bank and barred the
entity from offering incre­
mental banking services effect­
ive March on concerns over
breach of regulatory norms.
“The Comprehensive Sys­
tem Audit report and sub­
sequent compliance validation
report of the external auditors
revealed persistent non­com­
pliance and continued material
supervisory concerns in the
bank, warranting further su­
pervisory action,” the RBI said.
The regulator had, in March
2022, directed Paytm Pay­
ments Bank to stop onboard­
ing new customers and ap­
point an IT audit firm to
conduct a comprehensive sys­
tem audit.
Paytm Payments Bank will
not be allowed to accept depos­
its or undertake credit transac­
tions or top­ups in any ac­
count, instruments, wallets,
etc., post February 29.
Details p4
biggest acquisition. Capco
has been on watcch as its
performance was signific­
antly affected by the reduc­
tion in discretionary spends
as Western economies
slowed down.
Responding to a business-
line questionnaire, a Wipro
spokesperson said: “We are
committed to investing in
our people, processes, and
technology to drive better
client and employee experi­
ences and enhance pro­
ductivity and agility across
our organisation to meet
fast­evolving client and
market needs.”
Aligning our business
and talent to the changing
market environment is a
critical part of “our strategy
as we look to build a resili­
ent, agile, and high­per­
formance organisation”, the
spokesperson added.
. . . . . . . . HY­HYE
 2 . bl . news
QUICKLY.
Carborundum Universal
posts ₹112­cr PAT in Q3
Chennai: Carborundum
Universal, part of the
Murugappa Group, has
reported a consolidated
net profit of ₹112 crore for the
quarter ended on December
31, 2023, compared with ₹113
crore in the year­ago quarter.
The Board has declared an
interim dividend of ₹1.50 per
share. OUR BUREAU
Marriott International
adds 12 properties in India
Mumbai: Marriott International
said they added 12 properties in
India in 2023 and over 60 in the
Asia­Pacific region, excluding
China. The 12 hotels in India
have approximately 1,431
rooms, as per the statement.
The company also signed over
80 deals across 13 markets,
f098efd8-cc7f-4a06-b5f8-605fc051f204
representing approximately
18,000 rooms. PTI
Dabur to invest ₹135 crore to set up unit in the South
Meenakshi Verma Ambwani
New Delhi
Dabur India on Wednesday
said its board has approved an
investment of ₹135 crore for
setting up a manufacturing fa­
cility in South India. This
marks the FMCG major’s first
investment in South India. The
company said the greenfield
factory will manufacture a
range of products including
Dabur Honey, Red Paste and
Odonil air fresheners.
The FMCG major posted a
consolidated net profit of
₹514.2 crore for the third
quarter ended December 31,
2023, up 8 per cent from ₹475.9
Byju’s investors not happy with
founder’s involvement in business
Jyoti Banthia
Bengaluru
Troubled edtech major
Byju’s investors have ex­
pressed reservations over
the company’s founder Byju
Raveendran’s involvement
in the day­to­day running of
the company, according to
sources.
This comes at a time when
Byju’s kicked off a $200­mil­
lion fundraise via rights is­
sue on January 29. The valu­
ation is between $230
million and $250million, sig­
nificantly lower than the
company’s last funding
round at $22­billion
valuation.
The company has not re­
sponded to a detailed ques­
tionnaire sent by business-
line.
The rights issue comes at
Despite strong revenues and order book,
margin pressure weighs on the L&T stock
Parv Shah
bl. research bureau
Larsen and Toubro (L&T)
announced its quarterly res­
ults on Tuesday post market
hours. The stock fell 4.2 per
cent on Wednesday on ac­
count of EBITDA and net
profit missing consensus es­
timates by 3.7 per cent and
9.2 per cent, respectively.
ANALYSIS.
This was mainly driven by
standalone segments, in­
cluding infrastructure, en­
ergy and hi­tech manufactur­
ing, which constitute around
60 per cent of its total
revenue.
The company’s core en­
gineering and consulting
revenue grew 25 per cent
year on year to ₹39,300
crore. EBITDA margins de­
clined 80 bps year on year to
7.7 per cent as core EBITDA
CM
YK
Maruti Suzuki Q3 net vrooms Auditor flags RINL’s ability to
33% to ₹3,206 cr on robust sales carry on as a ‘going concern’
ZIPPING AHEAD. The company exported 71,785 cars, its highest­ever in any quarter
S Ronendra Singh
New Delhi
Maruti Suzuki India (MSIL),
the country’s largest manu­
facturer of passenger vehicles
(PVs), reported consolidated
revenue of ₹33,512 crore for
the third quarter (Q3) ended
December 31, 2023.
This represents a 14.56 per
cent year­on­year (y­o­y) in­
crease compared with
₹29,251 crore in the same
period last year.
The consolidated net
profit also grew 33.25 per
cent y­o­y to ₹3,206 crore for
the quarter under review
(₹2,406 crore).
DOMESTIC SALES
“The company sold a total of
5,01,207 vehicles during the
quarter. Despite the small car
segment continuing to be
subdued, the company re­
gistered sales of 4,29,422
units in the domestic mar­
crore, a year ago. Revenue from
operations was up 7 per cent at
₹3,255 crore in Q3 led by home
and personal care, and food &
beverage businesses. The com­
pany said its India business re­
corded a volume growth of 6
per cent.
On the greenfield facility in
South India, Mohit Malhotra,
CEO, Dabur India, said, “South
India accounts for around 18­
20 per cent of Dabur’s do­
mestic business. With South
India’s contribution increas­
ing, we have decided to estab­
lish a new manufacturing facil­
ity there to cater to the local
demand better.”
The company has an exist­
ing network of 13 domestic
CRISIS­HIT. According to
CEO Byju Raveendran,
the company has not ‘shied
away from taking several
tough decisions’
time when the company is
cash strapped and is in need
of capital for daily
operations.
CURRENT PLANS
Raveendran has to arrange at
least $40­42 million for his
pro­rata investment in the
company, sources added.
NEW DEALS. At ₹43,208 crore, order inflows grew a robust 33
per cent, driven by marquee orders, especially in power
transmission and distribution business REUTERS
grew 13 per cent year on year
to ₹3,000 crore on account of
L&T (standalone) witness­
ing margin pressures in its
infrastructure segment (74
per cent of revenues) in Q3
FY24.
While revenue of the seg­
ment grew around 27 per
cent aided by robust execu­
tion momentum, the com­
pany reported an EBITDA
margin of around 5.5 per
cent against 7 per cent repor­
ket,” MSIL said in a filing to
BSE. The company exported
71,785 cars, its highest ever in
any quarter.
manufacturing locations. Ac­
cording to him, moderating in­
flation, positive consumer sen­
timent and the company’s
focus on rural distribution
footprint expansion helped de­
mand from the hinterland
As per the current plans,
Byju’s will only tap external
investors if the rights issue is
not fully subscribed.
However, the current in­
vestors are in talks with its
internal investment com­
mittee for the rights issue.
“Most investors have mid­
to­high single­digit stakes in
the company. If any investor
wants to invest higher than
pro­rata, then the fund/indi­
vidual will stand to gain
more stake at a cheap price,”
sources added.
In a note to the investors,
CEO Byju Raveendran said
the company has not ‘shied
away from taking several
tough decisions’ amid its
current challenges.
He also revealed that the
founders have infused over
$1.1 billion of their personal
funds into the company over
the past 18 months.
ted in Q3 FY23. Margins re­
flect continuing cost pres­
sures in a few legacy projects,
which are expected to be
completed by FY25.
This will continue to re­
main a monitorable for the
company.
At ₹43,208 crore, order in­
flows grew a robust 33 per
cent, driven by marquee or­
ders, especially in power
transmission and distribu­
tion business.
The same period in the pre­
vious year saw total sales of
4,65,911 units, comprising
4,03,929 units in the do­
bounce back for the company
in the third quarter.
Responding to a query on
rural demand on the investor
call, Malhotra said rural mar­
kets reported a growth of 6­6.5
per cent in the December
quarter for Dabur, while urban
markets grew 3.8 per cent year
on year.
RURAL DEMAND
“We have given very contrarian
results because of our focus on
village expansionand curation
of a rural portfolio,” he said.
The company said it has ex­
panded its rural footprint to
1.17 lakh villages from 1 lakh
villages and expects to end this
fiscal with coverage of 1.2 lakh
Jyothy Labs Q3
profit up 34%
Our Bureau
Mumbai
FMCG company Jyothy Labs
posted a 34 per cent increase in
its consolidated net profit for
the third quarter of FY24. The
company reported a net profit
of ₹90 crore during the quarter,
compared with ₹67 crore dur­
ing the same quarter last year,
while sequentially it saw a drop
of 13.4 per cent. Its sales of
stood at ₹678 crore,up 10.6 per
cent.
Its revenue from operations
grew 10.6 per cent to ₹677 crore
(₹612 crore), while decreas­
ing7.5 per cent sequentially.
“Our results in the last few
years have demonstrated con­
sistent growth backed by our
investment towards strategic
brand building, enhancing dir­
ect distribution, and manufac­
turing capacity augmentation,”
said M R Jyothy, MD, Jyothy
Labs.
The hi­tech manufactur­
ing segment, too, saw mar­
gins dipping from 17.5 per
cent to 16.7 per cent on ac­
count of lower margins in de­
fence manufacturing space.
Further, the energy seg­
ment saw year­on­year rev­
enue growth of around 24
per cent and margin expan­
sion from around 8.7 per
cent to 9.7 per cent, mainly
on account of job savings in
hydrocarbon and customer
claim settlements in the
power business.
ORDER INFLOWS
Orders in the energy seg­
ment grew 47 per cent,
driven by receipt of a mega
order in offshore vertical of
hydrocarbon business. In the
December ended quarter, 35
per cent y­o­y increase in the
order inflows into the com­
pany’s core segments, driven
by infrastructure and energy
verticals.
The management had
mestic market and 61,982
units in exports, it said.
NINE­MONTH SHOW
MSIL also recorded its
highest­ever nine­monthly
sales volume, net sales and
net profit, selling a total of
15,51,292 units during the
period, reflecting a growth of
6.9 per cent over April­
December 2022.
Sales in the domestic mar­
ket stood at 13,46,965 units,
while exports stood at
2,04,327 units, it said.
It recorded a consolidated
total revenue of ₹1,06,297
crore for the nine months
ended December 31, com­
pared with ₹87,658 crore in
the corresponding period of
the previous year. Consolid­
ated net profit stood at ₹9,535
crore in the April­December
period (₹5,576 crore).
Shares of MSIL closed at
₹10,183.30 apiece on the BSE,
up 2.27 per cent from the pre­
vious close.
villages. “Rural demand has got
impacted and my hypothesis is
this is because food inflation
has started once again or has
not abated. So, if you see fruits,
vegetables, spices, cereal etc,
we have seen inflation pick up
in the range of around double­
digit now. And in rural, where
per capita incomes are lower,
their incomes are skewed to­
wards consumption of essen­
tials, and therefore, discretion­
ary gets impacted,” Malhotra
said.
“A positive sign is that the
gap between urban and rural
(growth) is reducing over the
past three quarters. So I think
rural recovery for the industry
is imminent,” he added.
Ambuja Cements Q3 net doubles to ₹1,090 cr
on lower cost, better operational efficiency
Our Bureau
Mumbai
Ambuja Cements, an Adani
Group company, has reported
that its net profit more than
doubled to ₹1,090 crore against
₹488 crore logged in the same
period last year due to lower
cost and improved operational
efficiency.
Income was up 4 per cent at
₹8,322 crore (₹8,023 crore).
Cost was down at ₹6,885 crore
(₹7,266 crore) as power and
fuel bill dipped to ₹1,916 crore
(₹2,341 crore).
Operating EBITDA was up at
₹1,732 crore (₹851 crore),
while EBITDA per tonne was
up 7 per cent at ₹1,225 (₹744).
Sales volume growth as up at
14.1 million tonne (13.7 mt).
Ajay Kapur, Whole­Time
Director & CEO, Ambuja Ce­
ments, said the company’s per­
earlier given a guidance of an
overall order inflow growth
of around 10­12 per cent
which it has revised to
around 20 per cent due to
healthy order pipeline.
Further, from the earlier
revenue growth guidance of
around 12­15 per cent for
FY24, it has also been revised
to more than 15 per cent
which the company now ex­
pects to exceed due to
stronger execution and
healthy order pipeline.
However, while prospects
look good, the expectations
seem to have been already
built into the stock.
Over the last one year, the
stock has gained nearly 64
per cent on account of the
strong order pipeline, ex­
pectation of private capex re­
vival and healthy outlook.
Its trailing P/E of around
50 times is around 28 per
cent higher than the histor­
ical five­year average P/E of
around 39 times.
Abhishek Law
New Delhi
State­owned steel­maker
Rashtriya Ispat Nigam Ltd
(RINL) has seen its net debt
spiral to over ₹20,400 crore in
FY23, up 20 per cent year on
year; with the debt­equity ra­
tio going up 10­fold to 52.29.
Independent auditors have
raised concerns about the
company’s ability to continue
as a “going concern”, and in­
dicated that the entity “is fa­
cing cash­flow problems”.
According to the auditor’s
report, assumptions made by
RINL depend on “many major
factors” – demand for its
products in a competitive mar­
ket, quantity of sales, realis­
able prices, raw material avail­
ability and index price
fluctuations – most of which
“are beyond the control of the
company”.
“...therefore indicate that a
material uncertainty exists,”
the report said, adding that
there was a standalone cash
loss of ₹1,987.79 crore. Negat­
ive cash flow from operating
PVR INOX to add 160­170 screens by fiscal­end
Meenakshi Verma Ambwani
New Delhi
PVR INOX is on track to open
160­170 screens by the end of
this fiscal. The company ad­
ded 29 new screens during the
third quarter and 97 new
screens in the first nine
months of this fiscal.
Nitin Sood, Chief Financial
Officer, PVR INOX, told busi-
nessline, “We have sev­
eral large projects in the
pipeline. This includes a nine
screen project in Ahmedabad,
14 screens each in Bengaluru
and Pune, besides nine
screens in Kochi. We also have
other smaller projects. So we
are on track to open 160­170
formance is a reflection of fo­
cused efforts to propel steady
growth and deliver value for all
stakeholders.
CAPACITY EXPANSION
Last December, Ambuja Ce­
ments completed the acquisi­
tion of 6.1­mtpa of Sanghi In­
dustries.
Early this month, Ambuja’s
subsidiary ACC completed the
acquisition of the balance 55
per cent stake in Asian Con­
cretes and Cements with 2.8­
mtpacapacity.
The acquisitions take overall
cement capacity to 77.4 mtpa, a
jump of 15 per cent from last
year.
This apart, the group has on­
going capacity expansion of 20
mtpaat various stages.
On Wednesday, the Board
approved additional cement
capacity expansion of 12 mtpa,
which outlines a road map for
Adani Wilmar net down 18%, revenue
slips 17% on lower price realisation
Our Bureau
Mumbai
Adani Wilmar reported a 18
per cent drop in its consol­
idated net profit in the
December quarter, while
revenue fell 17 per cent on
year on lower price realisa­
tion, despite decent volume
growth in food, FMCG and
industrial essentials
segments.
The edible oils and
staples maker reported a
net profit of ₹201 crore and
revenue of ₹12,828 crore.
EBITDA at ₹504 crore also
saw a dip of 17 per cent on
year.
Edible oil, which consti­
tutes 62 per cent of its total
volumes, saw a small dip of
2 per cent in the quarter at
9.4 lakh tonnes.
Industry essentials, con­
tributing 22 per cent of
volumes and food and
FMCG contributing 17 per
cent of volume, each saw 17
per cent rise in terms of
volumes.
DEBT WOES
The PSU steel­maker’s
net debt has spiralled
to over ₹20,400 crore
in FY23
activities is ₹838.54 crore.
RINL’s accumulated losses
stood at ₹7,436.08 crore as of
March 31, 2023.
Current liabilities exceeded
current assets by ₹13,725.67
crore as on March 31, 2023.
ANNUAL REPORT
As per the company’s Annual
Report, the net debt was
₹17,187 crore in FY22, while
the debt­equity ratio was just
5.41.
In a year, the debt­equity ra­
tio surged866 per cent, caused
by increased borrowings and
stress on earnings.
Claims against the com­
pany, which are not con­
sidered as a debt, were at
₹4,559 crore for FY23, up 3 per
cent year on year.
The company saw its adjus­
ted equity fall to ₹341 crore in
screens in FY24.” In a bid to
focus on profitable expansion,
the company also exited 62
underperforming screens
during the first nine months
of the fiscal. Overall, the com­
pany expects to exit 77
screens in FY24, as per an in­
vestor presentation.
Q3 RESULTS
The company posted a con­
solidated net profit of ₹12.8
WORK­IN­PROGRESS.
The Adani Group has ongoing
capacity expansion of 20 mtpa
at various stages, including
Ambuja Cements’ acquisition
of 6.1­mtpa of Sanghi
Industries REUTERS
110 mtpa or 80 per cent of 140­
mtpa targeted capacity by
FY28.
Ongoing green power pro­
jects with a capex of ₹10,000
crore will take the green power
share to 60 per cent of expan­
Q3 NUMBERS
The edible oils and
staples maker
reported a net profit
of ₹201 crore and
revenue of
₹12,828 crore
In terms of value, edible
oil contributes 75 per cent
to revenue and that also
saw a 23 per cent dip. The
company sells edible oils
under the Fortune brand as
well as a range of staples
such as rice, wheat, semo­
lina and others.
The average price realisa­
tion per tonne fell 21 per
cent, while the EBITDA per
tonne was 20 per cent
lower.
The company said that
profitability normalised in
the third quarter after two
quarters of subdued profits
due to high­cost inventory
and hedge dis­alignment.
It added that the branded
products were scaling up
HYDERABAD
businessline.
THURSDAY ­ FEBRUARY 1 ­ 2024
FY23. The year­ago adjusted
equity was ₹3,175 crore.
“Increase in borrowings
and reduction in shareholders
equity as compared to previ­
ous period (was) due to the net
loss for the period,” the man­
agement said in its comment­
ary. Net loss for the period was
₹2,859 crore. The steel maker
had a profit of ₹913 crore in
FY22.
Its debt servicing capacity
also went down significantly
as earnings dipped. The debt­
servicing coverage ratio (de­
pendent on earnings), which
previously stood at around
₹3,000­4,000 crore annually,
was down to just₹83 crore.
Unfavourable market con­
ditionssaw the company oper­
ate with two blast furnaces
(with the third remaining idle/
unused). “With improvement
in production levels and with
improvement in market con­
ditions, RINL had returned to
cash profits in the last quarter
(January­March),” it said in
the Annual Report, adding that
“for the year as a whole, the
f098efd8-cc7f-4a06-b5f8-605fc051f204
performance remained sub­
optimal”.
crore in the third quarter of
FY24, down 20 per cent, com­
pared with ₹16.1 crore in the
corresponding period last
year. Consolidated revenue
from operations stood at
₹1,546 crore, up 64.46 per
cent. Currently, the company
operates 1,712 screens in 360
cinemas across 113 cities in
India and Sri Lanka.
Sood pointed out that the
first half of the quarter was
muted due to the Cricket
World Cup. “December
emerged as the highest gross­
ing month due to strong per­
formance of films released
during the month,” he added.
Movies such as Animal, Salaar
and Dunki raked in strong
numbers in December.
ded capacity while reducing op­
erating costs.
COST SAVINGS
Additional cost savings are ex­
pected from ongoing invest­
ments on efficiency improve­
ment projects. Competitive
basket of kiln fuel and AFR (al­
ternative fuel and raw material)
volume has helped reduce fuel
cost by 25 per cent, said the
company.
Long­term contracts for key
raw materials such as fly ash
and gypsum will help secure the
materials at optimised cost and
curb volatility. The company
generated incremental ₹562
crore cash and cash equivalent
in Q3. With this, the cash equi­
valent was at ₹8,591 crore after
factoring the outflows related
to the acquisition of Sanghi In­
dustries, Asian Cements and
ICDs (inter­corporate deposit)
provided to Sanghi.
fast, but export restrictions
have been a drag on the
foods segment.
It said it expected to
close FY24 with revenue of
₹5,000 crore in the foods
and FMCG segment.
EXPANDING REACH
The company is doubling its
reach in rural areas and
plans to cover 30,000 towns
by the end of the fiscal year.
“We are putting our ener­
gies in rapidly scaling up
our distribution network
for General Trade to realise
the immense opportunity
available in the packaged
staple foods,” said Angshu
Mallick, MD and CEO.
businessline.
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themselves about the veracity of an
advertisement before responding to any
published in this newspaper. THG
PUBLISHING PVT LTD., the Publisher &
Owner of this newspaper, does not vouch for
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... . . . . . . HY­HYE
 news . bl . 3
HYDERABAD

businessline.
THURSDAY ­ FEBRUARY 1 ­ 2024

Four members
appointed to GST collection rises 10% in At ₹9.82­lakh cr, fiscal deficit for
16th Finance April­Dec narrows to 55% of BE
Commission Jan to over ₹1.72­lakh crore Shishir Sinha
New Delhi
The FY25 Budget
had estimated
budget estimate by a marginal
₹500 crore,” she said.
KR Srivats The agency expects gross
New Delhi POSITIVE SIGN. Overall mop­up clocks over 11% y­o­y growth in 10­month period fiscal deficit at tax revenues to exceed BE by

President Droupadi Murmu Shishir Sinha

has appointed three full­time
members and a part­time
member to the 16th Finance
Commission. The three full­
time Members are Ajay
Narayan Jha, former Member
of the 15th Finance Commis­
sion and former Secretary,
Department of Expenditure;
Annie George Mathew;
former Special Secretary, De­
partment of Expenditure; and
Niranjan Rajadhyaksha, Exec­
utive Director, Artha Global.
Soumya Kanti Ghosh, Group
Chief Economic Advisor,
State Bank of India, will be a
part­time member.
President Murmu had, in
end­December, appointed
Arvind Panagariya, former
Vice­Chairman of NITI
Aayog, as Chairman of the
16th Finance Commis­
sion. The new Finance Com­
mission Chairman and other
f098efd8-cc7f-4a06-b5f8-605fc051f204
New Delhi
With improved compliance,
collection through Goods &
Services (GST) surged to
over ₹1.72­lakh crore, the
Finance Ministry reported on
Wednesday. This is the
second all­time highest col­
lection and the third time in
the current fiscal when col­
lection crossed ₹1.70­lakh
crore.
January collection, related
with goods consumption and
services availed in December,
is 10 per cent higher than the
corresponding month of the
last fiscal. With overall col­
lection during 10 months of
the current fiscal reaching
₹16.69­lakh crore, showing a
growth of over 11 per cent
over the 10­month period of
the last fiscal, experts feel
that full­year collection will
“The collections relate to
supply transactions of goods
and services during Decem­
ber 2023 where there was em­
phasis on completing audits
and investigations relating to
earlier years,” he said.
Parag Mehta, Partner with
NA Shah Associates said, “In­
creasing awareness within
the trade, final orders of
pending show­cause notices
for 2017­18 which were
GST collections are in line
with the other macroeco­
nomic parameters which in­
dicate a significant uplift in
economic activities, with
even the IMF upgrading the
growth forecast to 6.7 per
cent for FY23­24. The same
collection trajectory in the
next two months will ensure
that the tax collection targets
for the year are comfortably
surpassed, “ he said.
sequent months also and
thereby boosting revenue.
Vivek Jalan, Partner with
Tax Connect Advisory, said
that GST collections have al­
most doubled from an aver­
age of around 0.85­lakh crore
in FY 18 to around than
₹16.5­lakh crore in FY24.
This means that not only in
this year, but over the past
seven years or so of the GST
regime, the CAGR of GST
Collections have been at
around 12 per cent. As the
taxpayers’ base has also
doubled and keeps increasing
by the day, these are indica­
tions that the biggest tax re­
form in Indian history has
stabilized to a large extent, he
said.
“As the Finance Minister
delivers her sixth Budget to­
morrow the stage is all set to
go for big bang GST 2.0 re­
forms by bringing in petrol,
diesel and alcohol under GST
The government’s fiscal defi­
cit for the first nine months of
the current fiscal stood at
₹9.82­lakh crore or 55 per cent
of the annual estimates, gov­
ernment data showed on
Wednesday. The fiscal deficit
has narrowed down from 59
per cent reported in the com­
parable period a year earlier.
The Budget had estimated
fiscal deficit at 5.9 per cent of
GDP or ₹17.87­lakh crore.
The net tax revenues for the
April­December period were
₹17.30­lakh crore, or about
74.2 per cent of the annual es­
timate, compared with
₹15.56­lakh crore in the same
period last year, according to
the data.
The total expenditure dur­
ing the period was ₹30.54­
lakh crore, or about 68 per
cent of the annual estimate,
compared with ₹28.18­lakh
crore in the same period last
year.
5.9% of GDP or
₹17.87­lakh crore
cent of the annual target,
higher than ₹4.90­lakh crore
in the same period a year
earlier. Continuing the path of
fiscal consolidation, the gov­
ernment intends to bring the
fiscal deficit below 4.5 per cent
of GDP by 2025­26.
GROSS TAX REVENUE
Commenting on the latest
numbers, Aditi Nayar, Chief
Economist with ICRA, said
the headroom left for revenue
spending in the last three
months of current fiscal is
slightly lower than the ex­
penditure recorded in last
quarter of FY23. Revenue ex­
penditure appears likely to
mildly overshoot the FY24 BE,
on account of major subsidies
and MGNREGS. ICRA ex­
pects a lower­than­budgeted
60,000 crore,led by direct
taxes and CGST inflows,
amidst an undershooting in
other indirect taxes such as ex­
cise duty. “Setting aside addi­
tional devolution to States, we
estimate net tax revenues will
exceed the FY24 BE by a mod­
est ₹30,000 crore,” she said.
In a note, India Ratings &
Research’s (Ind­Ra) Sunil Ku­
mar Sinha (Principal Econom­
ist) and Paras Jasrai (Senior
Analyst) said that the fiscal
consolidation is getting sup­
port from a tight expenditure
policy. In 9MFY24, revenue
expenditure grew by 2.3 per
cent y­o­y against the FY24
budgeted growth of 1.2 per
cent. The revenue expendit­
ure growth in 9MFY24 is the
slowest since the monthly
data is available (FY99), the
second lowest was in 9MFY18
(2.8 per cent y­o­y). Non­in­
terest revenue expenditure
contracted 0.9 per cent y­o­y

members would hold office
from the date on which they
respectively assume office up
to the date of submission of
report or October 31, 2025,
whichever is earlier, said a
Finance Ministry order issued
on Tuesday.
exceed the Budget estimate.
MS Mani, Partner with De­
loitte India, said that coming
on the Budget eve, the second
highest ever GST collections
would provide more head­
room for embarking upon the
next stage of GST reforms.
passed on December 31 and
utmost use of data analytics
by authorities to curb evasion
are the major reasons for the
higher collection.” The ex­
perts are hopeful of collec­
tion exceeding budget estim­
ates. According to Mani, the
INCREASED SPENDING
According to Mehta, with
Thursday’s interim Budget,
there is general expectation
of increase in spending by the
government, which is bound
to increase collections in sub­
and reducing tax slabs under
GST from around six to
three. These reforms would
mean greater simplification
of GST by further streamlin­
ing the flow of input tax
credit across sectors,” Jalan
said.
CAPEX UP
In the first nine months of the
financial year, the government
capital expenditure or the
amount spent on building
physical infrastructure was
₹6.74­lakh crore, or 67.3 per
capital expenditure to par­
tially offset the overshooting
in revenue expenditure in
FY2024 compared to the
budgeted target. Con­
sequently, “ICRA currently
projects the Centre’s total ex­
penditure to exceed the
f098efd8-cc7f-4a06-b5f8-605fc051f204
in 9MFY24, the first contrac­
tion observed since FY99. “We
expect government to achieve
its FY24 fiscal deficit target in
value terms, however, there
may be a minor slippage of
10bp due to lower nominal
GDP growth,” the note said.

Core sector growth slumps to

14­month low of 3.8% in Dec 2023

KR Srivats
New Delhi
The eight core industries’ out­
put growth slumped in Decem­
ber 2023 to 14­month low at 3.8
percent. The latest reading was
much lower than 8.3 percent
growth recorded in the same
month in the previous year.
The latest print was also
lower than 7.9 percent growth
recorded in November 2023.
For the April­December 2023
period, core industries’ growth
came in at 8.1 percent, the same
level as the year ago. In Decem­
ber 2023, other than crude oil,
which contracted 1 percent, all
the seven other industries re­
corded positive growth.
The eight core industries —
coal, natural gas, crude oil, re­
finery products, fertilizers, ce­
ment, steel and electricity — ac­
count for 40.27 per cent of the
weight of items included in the
Index of Industrial Production
(IIP). The government has also
now revised upwards the eight
core industries’ output growth
for September 2023 to 9.4 per­
cent. Last month, the govern­
ment had revised upwards the
print for August 2023.
COAL SIZZLES
Coal output continued to sizzle
with growth of 10.6 percent in
December 2023, but lower than
the 10.9 percent growth in
November last year. For the
month under review, natural
gas output grew a robust 6.6
percent (7.6 percent in Novem­
ber) and steel output was at 5.9
percent (9.4 percent in
November).
Cement sector grew 1.3 per­
cent and electricity generation
was up 0.6 per cent in December
2023. In December 2023, re­
finery products output grew 2.6
per cent (3.7 per cent); fertil­
izers at 5.8 per cent (7.3 per
cent). Madan Sabnavis, Chief
Economist, Bank of Baroda,
said, “While admittedly the
high base effect was at play,
there was also a slowdown in
the infra sector. The govern­
ment spending on capex was
steady but the same was not
seen in the private sector.” He
said that steel production at 5.9
per cent was good given the
high base effect.
Cement production slowed
down reflecting lower demand
on the construction side though
the base effect was high as
growth was at 9.5 per cent last
year. “We could expect growth
in IIP to be in the region of 2­3
per cent for December 2023”,
Sabnavis added. Following the
tepid core sector growth in
December 2023, ICRA projects
the IIP expansion for that
month at a bleak 1­3 per cent.

Govt will follow the poll year

tradition of interim Budget: PM
Shishir Sinha
New Delhi
Prime Minister Narendra Modi
on Wednesday said that the gov­
ernment will “follow tradition”
in the interim Budget. He simul­
taneously targeted the Opposi­
tion for “frequently disrupting”
Parliamentary proceedings.
“Traditionally, when elec­
tions are imminent, the com­
plete Budget is not presented.
We will adhere to this tradition
and present the full Budget after
the formation of the new gov­
ernment. This time, the coun­
try’s Finance Minister,
Nirmalaji, will be presenting her
budget tomorrow with some
guiding points,” Modi said in his
customary remarks before the
beginning of the last session of
the 17th Lok Sabha while greet­
ing media persons with ‘Ram­
Ram’.
Tradition says the govern­
ment, going into the election,
should refrain from making big
policy announcements in the in­
terim budget. However, there is
no rules that bar the govern­
ment from doing so. Normally, it
is said that if there is a govern­
CM
YK
Prime Minister Narendra Modi
ment with a full majority, it has
the confidence of the House,
and the election has not been an­
nounced, then the government
can use the interim budget to
make policy announcements.
The last two interim budgets
have seen some big announce­
ments, such as PM Kisan Sam­
man Nidhi, a hike in the stand­
ard deduction and a cut in duty
on automobiles and electronic
items.
TARGETS OPPOSITION
The PM also targeted the Op­
position MPs for frequently dis­
rupting Parliamentary proceed­
ings. “As they gather for the final
session today, they should pon­
der over what they have
achieved in the last decade. If
you ask 100 people in your par­
liamentary constituency, none
will remember or even know the
names of those who consistently
created ruckus,” he said.
“Despite the sharpness of the
Opposition’s voice and the
severity of criticism, a signific­
ant portion of the public still re­
members those who enriched
the House with constructive
ideas,” he added.
Lok Sabha and Rajya Sabha
had suspended 146 MPs in the
last session for their relentless
disruption of proceedings over a
host of issues. All of them will be
participating in the Budget Ses­
sion, but the government has
cautioned that bringing placards
into the chambers and causing
disruptions in violation of rules
may invite disciplinary action.
Expressing confidence about
people’s support for the ruling
BJP­led NDA in the elections, he
said, “I am of the firm belief that
the country is moving forward
and touching new heights of
progress ... the country is experi­
encing all­round and all­inclus­
ive development. This journey
will go on continuously with
people’s blessings.”
... . . . . . . HY­HYE
 4 . bl . news
QUICKLY.
ADB mobilises ₹1,250 cr
through green bonds
New Delhi: The Asian
Development Bank on
Wednesday said it has
garnered ₹1,250 crore (about
$150 million) through its
largest local currency green
bond issue so far. The issue is
structured as a 4­year currency
linked bond, with a one­time
repayment at maturity and
carrying a fixed interest rate of
6.72 per cent per year, ADB
said in a statement. PTI
Fino Payments Bank’s Q3
net up 19% at ₹22.8 crore
Mumbai: Fino Payments Bank
reported a 19 per cent
year­on­year (y­o­y) increase in
third quarter net profit at
₹22.8 crore against ₹19.1 crore
in the year­ago quarter. Other
f098efd8-cc7f-4a06-b5f8-605fc051f204
income increased by about 15
per cent y­o­y to ₹331 crore
(₹289 crore in the year­ago
quarter). OUR BUREAU
UGRO Capital raises ₹250 cr
to aid small businesses
Mumbai: Ugro Capital Ltd.
announced raising ₹250 crore
through non­convertible
debentures from the Asian
Development Bank. The
company reported the
investment is ADB’s commitment
to fostering inclusive, resilient,
and sustainable prosperity by
supporting small businesses at
the grassroots level. OUR BUREAU
Bank of Baroda Q3 net profit up 19% ‘After new­year lull, Merc sales back to peak’
Our Bureau
Mumbai
Bank of Baroda (BoB) repor­
ted a 19 per cent year­on­year
(y­o­y) increase in third­
quarter standalone net profit
at ₹4,579 crore, against
₹3,853 crore in the year­ago
quarter.
The public sector bank’s
bottomline was supported by
a sharp decline in provision
for non performing invest­
ments, write­back in provi­
sion for standard advances,
and lower tax provisions even
as net interest income (NII)
nudged up and other income
declined.
NII (difference between
interest earned and interest
expended) moved up about 3
per cent y­o­y to ₹11,101
crore (₹10,818 crore in the
year­ago quarter).
Other income, comprising
fee­based income, treasury
income and other non­in­
terest income, declined about
Indel Money eyeing strong pan­India presence
G Balachandar
Chennai
Indel Money Ltd, a non­
banking finance company
primarily focussing on the
gold loan space, plans to
have a strong pan­India
presence by the next fiscal
and will enter new regions
in the next 2­3 quarters.
The Kerala­based com­
pany, which has launched a
₹200­crore NCD issue
which will close on Febru­
ary 12, has about 270
branches with a significant
presence in the southern
region.
The company is gradu­
ally expanding its branch
network and Tier­2 and
Tier­3 locations will be its
focus areas.
MORE BRANCHES
It is in the process of open­
ing 70 more branches be­
fore the end of this fiscal.
“We are currently operat­
ing in Madhya Pradesh, Ma­
CM
YK
Paytm Payments Bank can’t offer services from March
NEW CURBS. The fintech firm will not be allowed to accept deposits or undertake credit transactions as it has failed to comply with regulatory norms
Our Bureau
Mumbai
The Reserve Bank of India
has imposed restrictions on
Paytm Payments Bank and
barred the entity from of­
fering incremental banking
services effective March
2024, due to concerns re­
garding breach of and com­
pliance with regulatory
norms.
“The Comprehensive
System Audit report and
subsequent compliance val­
idation report of the ex­
ternal auditors revealed
persistent non­compliances
and continued material su­
pervisory concerns in the
bank, warranting further
supervisory action,” the
RBI said.
The regulator had, in
March 2022, directed
Paytm Payments Bank to
stop onboarding new cus­
tomers and appoint an IT
Burman Family buys additional 4% in Religare, consolidates at 25.1%
KR Srivats
New Delhi
The Burman Family, which
is single largest share­
holder in Religare Enter­
prises, on Wednesday ac­
quired an additional 4 per
cent stake in the company
for about ₹308.8 crore, con­
solidating its grip over the
diversified financial ser­
vices group.
With this move, the
shareholding of Burman
Family stands increased
from earlier 21.18 percent
to 25.18 percent. All crucial
decisions of REL requiring
a special resolution can
now potentially be blocked
by the Burman Family,
which has gained a higher
say in the affairs of REL, say
corporate law experts.
21 per cent y­o­y to
₹2,810.5 crore (₹3,552 crore).
Total provisions (other than
tax) and contingencies fell 72
per cent y­o­y to ₹666 crore
(₹2,404 crore).
Under this head, provi­
sions for bad loans and bad
debts written­off rose 23 per
cent y­o­y to ₹1,007 crore
(₹817 crore). However, pro­
vision for non performing in­
vestment declined 97 per
cent to Rs 38 crore (Rs 1,409
Umesh­Mohanan,
Executive Whole­Time
Director, Indel Money
harashtra, Odisha, Andhra,
Telangana, Tamil Nadu,
Kerala and Karnataka,
Delhi and Uttar Pradesh. In
this quarter we would be
entering Gujarat and An­
damans,” Umesh Mohanan,
Executive Whole­Time Dir­
ector, Indel Money, told
businessline.
“In Q1 of next fiscal, we
will enter West Bengal and
use Kolkata as the base to
spread to the North­East­
ern States in the following
quarter,” he added.
CHAOS UNLEASHED. Post the sanctions, several customers
took to X with concerns over wallet balances, fixed and savings
deposits and ability to use Paytm for UPI transactions
audit firm to conduct a
Comprehensive System
Audit. Paytm Payments
Bank will not be allowed to
accept deposits or under­
take credit transactions or
top ups in any customer ac­
counts, prepaid instru­
ments, wallets,
FASTags and NCMC (Na­
tional Common Mobility
Cards), among others, post
February 29, 2024.
This latest open market
share purchase move
comes amidst an ongoing
tussle with incumbent
Chairperson Rashmi Saluja
led REL Board that is
stoutly opposing the Bur­
man Family’s efforts to take
control of Religare
Enterprises.
ONGOING TUSSLE
“We are happy to inform
that we have increased our
stake to 25.18 per cent in
Religare Enterprises Ltd
(REL). We reiterate our
commitment towards the
acquisition of REL. We now
eagerly await the remaining
approvals necessary to con­
summate the open offer
and look forward to Co­op­
eration by the REL Board,”
Mohit Burman, Member,
Burman Family said on
GROWTH
DRIVERS
The bank’s bottomline
was supported by a
decline in provision
for non performing
investments,
write-back in
provision for standard
advances, and lower
tax provisions
crore). The bank received a
write­back of ₹417 crore
from provision for standard
advances (against a provision
of ₹124 crore). Tax provi­
sions declined 10.5 per cent
to ₹1,769 crore (₹1,976
crore).
ASSET QUALITY
“We have posted net profit in
excess of ₹4,000 crore con­
secutively for the last four
quarters. In the nine months
of FY24, we have achieved al­
most 91 per cent of FY23’s
In Q1 of next
fiscal, we will
enter West Bengal
and use Kolkata as
the base to spread
to the
North­Eastern
States in the
following quarter
Though the company
may seem to have lesser
number of branches com­
pared with the competi­
tion, Indel Money claims to
have achieved top positions
(among the top 3) owing to
product designs and other
measures, wherever it has
established branches.
GOOD POTENTIAL
Mohanan explained that
the non­south regions
offered good potential for
gold loan business.
Contrary to the opinion,
the gold loan option is very
However, any interest,
cashbacks or refunds may
be credited anytime. Fur­
ther, the entity will need to
permit withdrawal or util­
isation of balances by cus­
tomers, including from
their savings and current
bank accounts, prepaid in­
struments, FASTags and
NCMC, without any re­
strictions and up to the
available balance.
TIGHTENING GRIP. The purchase comes amidst an ongoing
tussle with incumbent Chairperson Rashmi Saluja­led REL board
that is opposing the Burman Family’s efforts to take control
Wednesday after the open
market purchase transac­
tions.
Meanwhile, Wednesday’s
open market purchases of 4
per cent stake by Burman
Family does not signal the
full year net profit. This
shows the sustainability of
the bank’s profit going for­
ward,” said Debadatta Chand,
MD and CEO.
The global net interest
margin (NIM) declined to
3.1 per cent from 3.37 per
cent in the year­ago quarter.
The gross non­performing
assets (NPAs) position im­
proved to 3.08 per cent of
gross advances as on Decem­
ber­end 2023, against 4.53
per cent as of December­end
2022. The net NPA position,
too, improved to 0.7 per cent
of net advances, against 0.99
per cent earlier.
Global advances rose 13.57
per cent y­o­y to stand at
₹10,49,327 crore as of
December­end 2023, with do­
mestic and international
growing 13.4 per cent (to
₹8,62,086 crore) and 14.4 per
cent (to ₹1,87,240 crore),
respectively.
Global deposits were up
8.3 per cent at
₹12,45,300 crore.
well taken by people in the
north and other regions.
Of the 22,000 tonnes of
household gold reserves (as
of 2021), only 15 per cent is
in the pledged market.
Also, only 35 per cent of
the market is covered by
organised players such as
banks and NBFCs, he said.
CO-LENDING MODEL
The company is focusing
on co­lending model and
would continue to
strengthen the same with
more tie­ups.
It has built a portfolio of
₹600 crore through co­
lending partnerships with
DSB Bank and IndusInd
Bank.
It will shortly sign up
with another private bank
for a ₹300­crore portfolio,
while it is also working
with the State Bank of In­
dia for a co­lending size of
₹400 crore. He said the
company’s IPO plan was on
track and it will enter the
capital market in 2026­27.
Other than fund trans­
fers, utilisation or with­
drawal, no other banking
services and BBPOU
(Bharat BillPay Operating
Units) and UPI facility
should be provided by the
bank after February 29,
2024, the central bank said.
In addition, the nodal ac­
counts of parent company
One97 Communications
and Paytm Payments Ser­
vices will need to be ter­
minated by February 29,
2024. Settlement of all
pipeline transactions and
nodal accounts, in respect
of transactions initiated be­
fore February 29, 2024, will
need to be completed by
March 15, 2024 following
which no further transac­
tions will be permitted.
WHAT THIS MEANS?
Payments Bank are only al­
lowed to accept deposits
and cannot give loans, un­
less they partner with an­
end of the ongoing tussle
between the two sides.
Market regulator SEBI, RBI
and IRDAI have to give
their assent for any com­
mencement of open offer
for the additional 26 per
S Ronendra Singh
New Delhi
After a lull in the first 15 days
of the new year, sales are
back to normal and there is a
high demand for each model
now, with some even on
waiting list of 18­24 months,
said Santosh Iyer, Managing
Director and Chief Execut­
ive Officer of Mercedes­
Benz India on Wednesday.
“In January, first 15 days
were a bit slow because most
of our customers travel
abroad and they were into
different engagements, but
the next 15 days we have
seen an uptick. Like the new
GLS that we introduced, we
have already sold out for
next five months now. That
clearly shows demand is still
there as such and the mo­
mentum should continue as
for 2024 is concerned,” San­
tosh Iyer told businessline on
the sidelines of new
launches here. He said the
other regulated lender. Fur­
ther, they can issue debit
cards but not credit cards
unless under a co­branded
or co­lending arrangement
with a partner bank or
NBFC.
While the listed parent
company One97 Commu­
nications originally held the
prepaid payments instru­
ments (PPI) licence, the
same was transferred to
Paytm Payments Bank once
the latter started opera­
tions in May 2017. The
company is also still await­
ing the final approval for
the payments aggregator
(PA) licence.
The new restrictions
then effectively imply that
Paytm will no longer be
able to undertake any pay­
ment­related transactions,
even beyond the payments
bank, industry experts said.
Following the RBI sanc­
tions, several customers
took to microblogging web­
cent stake, sources said.
This is because REL Board
has raised fit and proper is­
sues on certain members of
the Burman Family as part
of the ongoing tussle.
The latest additional 4
per cent stake buy—
amounting to about 1.32
crore shares —was done on
Wednesday through open
market purchases by four
Burman Family­owned en­
tities (M.B.Finmart, Puran
Associates, VIC Enterprises
and Milky Investment) for
a price of ₹234 per share.
This price of ₹234 is
slightly lower than the
open offer price of ₹ 235
per share.
In September 2023, the
Burman family, which owns
Dabur, had signalled its in­
tention to acquire a 5.27
per cent stake in REL for
ON RIGHT TRACK. Mercedes­Benz India Chief Executive
Officer and Managing Director Santosh Iyer addressing a
press conference in New Delhi RAHUL SINGH
company has an order book
of 2,500­3,000 cars right
now, depending on the trims
and models.
ORDER BOOK
“The highest waiting period
is for G 63 (AMG GT 63) 18­
24 months then comes S­
Class Maybach which is
close to one­year, GLS which
is gone up to four­five
months and GLE has two
site X with concerns re­
garding their wallet bal­
ances, fixed and savings
deposits and ability to use
Paytm for UPI transactions.
Paytm had a market share
Negative development adds to heavy
regulatory overhang: Bernstein
Anshika Kayastha
Mumbai
“For all practical purposes, the
above notifications end the
operations of Paytm Payments
Bank. This is a definite negative
development and adds to the
already heavy regulatory
overhang on the business,”
Bernstein Research said in a note.
While the firm does not see an
immediate impact on the UPI
payment business, which
accounts for 70 per cent of the
GMV (gross merchandise value),
it expects risks to payments
₹407 crore, taking their
shareholding to over 26 per
cent, triggering an open
offer.
Burman Family’s latest
additional stake buy of 4
per cent came on the heels
of Competition Commis­
sion of India (CCI) giving
its approval on January 23
for acquisition of a 5.27 per
cent stake in Religare En­
terprises by entities con­
trolled by the Burman Fam­
ily, as well as a subsequent
open offer to buy upto an­
other 26 per cent of the fin­
ancial services firm.
In June 2021, the Bur­
man Family stake was
raised to 14 per cent and
then an additional 7.5 per
cent was acquired in Au­
gust 2023, taking their
shareholding to 21.18 per
cent.
months of waiting. We also
have C­Class and E­Class
which are readily available as
such and can cater to
monthly requirements,”
Iyer said.
The company launched
the facelifted GLA and AMG
GLE 53 4MATIC+ Coupé. It
also unveiled the futuristic
‘Concept EQG’ in its com­
mitment to electrify the en­
tire product line up includ­
HYDERABAD
businessline.
THURSDAY ­ FEBRUARY 1 ­ 2024
of 13 per cent in terms of
UPI transaction volumes
and 11 per cent in terms of
value of UPI transactions
as of October 2023, as per
NPCI data.
margin given that some of the
higher margin products such as
wallets and FasTag, are
dependent on the payments
bank. Jefferies said this could also
impact the lending business,
which accounts for 20 per cent of
revenue, if lending partners limit
business due to operational and
governance risks. “Wallet GMV (5
per cent of total) may need to be
wound down; merchants using
Paytm Bank (6 per cent of
devices) may be impacted; and
FasTag GMV will be majorly
affected. This can be key risks to
earnings/valuations,” it said.
f098efd8-cc7f-4a06-b5f8-605fc051f204
TRACE platform:
Bids called for
selection of
system integrator
KR Srivats
New Delhi
The Pension Fund Regulatory
and Development Authority
(PFRDA) has invited bids for
selection of a system integ­
rator (SI) to design, develop,
implement and maintain
PFRDA­TRACE (Tracking Re­
porting Analytics & Compli­
ance E­Platform). The last
date for submission of bids is
March 11.
The System Integrator will
be responsible for studying ex­
isting processes, proposing
improved workflows, and
providing design, develop­
ment, customisation, imple­
mentation, and maintenance
services for PFRDA­TRACE.
ing the iconic “G”. The
Concept EQG will also be
showcased at the Bharat Mo­
bility to be held between
February 1 and 3 in New
Delhi.
PRICING
The GLA has an introduct­
ory pricing of ₹50.50 lakh
(GLA 200), R ₹54.75 lakh
(GLA 220d 4MATIC) and
₹56.90 lakh (GLA 220d
4MATIC AMG Line). The
GLA celebrates 10 years in
India with 14,000+ vehicles
on Indian roads, the com­
pany said.
The petrol version (GLA
200) is powered by 1332cc,
four­cylinder engine, giving
an output of 120 kW at 5500
rpm. Powered by four­cylin­
der 1950cc, the GLA 220d
4MATIC has a powerful
diesel refined engine, churn­
ing 140kW of power and 400
nm of torque, it said.
The AMG GLE 53 is
priced starting ₹1.85 crore
(AMG GLE 53 4MATIC).
... . . . . . . HY­HYE

HYDERABAD
businessline.
THURSDAY ­ FEBRUARY 1 ­ 2024
WHAT’S HOT: GADGETS.
Classy companion
The flagship realme 12 Pro+ 5Gfeatures a
unique 64 MP periscope telephoto camera,
along with 3X optical zoom and 6X in­sensor
zoom. There are three
unique photo filters
inspired by iconic movies,
created in partnership
with Oscar­winning
cinematographer
Claudio Miranda. It is
equipped with a 120Hz
curved vision display on its massive 6.7­inch
display. Powered by a Snapdragon 7s Gen 2
chipset, the smartphone supports Dolby Atmos.
With a design inspired by luxury watches, the
smartphone also packs in a massive 5,000 mAh
battery, it might end up keeping you company
for a full day if not more! The realme 12 Pro + 5G
comes in three colours: Submarine Blue,
Navigator Beige and Explorer Red, and is priced
between ₹29,999 and ₹33,999, depending on
the RAM and storage specs.
Future forward
Powered by the latest Intel Core Ultra 5 & 7
processor, the Acer Swift Go 14 has amped
up its AI capabilities. There’s Acer QuickPanel,
streamlining
adjustments for
PurifiedView and
PurifiedVoice AI effects
f098efd8-cc7f-4a06-b5f8-605fc051f204
during e­meetings. The
laptop features a
14­inch 16:10 IPS touch
display with super slim
bezels and is said to deliver vibrant colours,
deep blacks and ultra­crisp image quality.
Acer LiveArt allows instant background
removal from photos. Alter View generates
depth maps for 2D images, enabling users to
personalise live wallpapers with engaging
effects. Additionally, the laptop includes an AI
assistant feature and AcerSense utility app,
ensuring effortless navigation and
maintenance. The co­pilot feature in
Windows 11 further provides intelligent
assistance on the laptop which is priced at
₹84,999.
Level up
The ASUS ROG Phone 8 Pro is a
gaming­centric device on a premium
smartphone. It is powered by the Snapdragon 8
Gen 3 mobile platform,
along with a staggering
24 GB RAM and up to 1
TB storage. The
rapid­cooling conductor
design ensures optimal
performance even
during marathon gaming
sessions. AI­enhanced features further elevate
the gaming experience with Background Mode,
X Capture, X Sense and AI Grabber for text
capture. The series introduces AniMe Vision, a
customisable display element, and retains the
renowned AirTrigger ultrasonic controls for
console­like gaming experiences.
The advanced tri­camera system offers
various photographic possibilities, featuring a
50 MP Sony image sensor, a 3X telephoto lens
and a 13 MP ultrawide camera. The smartphone
is priced at ₹94,999 (16 GB + 512 GB) and
₹1,19,999 (24 GB + 1 TB).
Drop the bass beat!
SKULLCANDY RAIL ANC. With an emphasis on thump, do these premium earbuds have what it takes to groove?
Siddharth Mathew Cherian
S
kullcandy, a familiar name in
the headphone and TWS
market, known for its dis­
tinctive colours and bass­centric
sound profiles, has introduced its
latest offering, the Skullcandy
RAIL ANC TWS. I’ve been plugged
in for a couple of weeks, and here’s
how it fared.
DESIGN
The Skullcandy Rail ANC TWS
looks different with its transparent
plastic shell which lets one see the
electronics inside the earbuds. The
plastic build feels good and looks
premium. The fit was cosy and se­
cure when I was typing away at my
BIJOY GHOSH
desk or just swinging by col­
leagues’ bays nearby. However, it
could have been built with a firmer
hold to accommodate usage during
more dynamic activities such as
jogs or playing sports.
The touch­sensitive stem allows
for convenient controls such as
play/pause and track skipping. At
times it gets a little too sensitive,
for example, when I’d remove the
headphones to put it back in the
case, my touch would register as
wanting to play skip to the next
track.
THE SKULL-IQ APP
I used the Skull­iQ app to activate
voice control, change the default
control as well as tweak equaliser
settings. It also let me fine­tune
the active noise cancellation cap­
ability and transparency options.
The app is quite intuitive and also
quite easy to navigate.
I could also use the built­in voice
assistant to control the volume
and run basic voice commands by
saying “Hey Skullcandy...” fol­
lowed by some request.
CM
YK
technophile . bl . 5
Luxe that lasts long
ONEPLUS 12. One of the first flagships of the year, the OnePlus 12 comes with a battery that would make the Duracell bunny jealous
Mahananda Bohidar
I
n the first month of January,
we’ve seen more flagships
than we usually do in the first
half of any year! One of these
is the much anticipated OnePlus 12,
which I’ve been using for a couple of
weeks.
DESIGN
Trademark OnePlus, the Hassel­
brand­branded camera module lies
on the top left of the rear panel. The
finish is a lovely ‘Flowy Emerald’
shade inspired by the glistening Looking into the endless
blue­green waters of glacial rivers. Laccadive sea
The overall design language is said
to be inspired by luxury watches and
the colour and finish definitely
make an impression. The pretty rear
panel is protected by Corning Gor­
illa Glass 5.
At 220 grams, the OnePlus 12
isn’t the lightest flagship, but isn’t
unwieldy either. You have the usual
Alert Slider on the left side, and the
power button and volume rocker on
the right.
f098efd8-cc7f-4a06-b5f8-605fc051f204
The display is sizeable at 6.82
inches, right up my alley. It has a res­
olution of 3168x1440 and offers a
peak brightness of 4500 nits, as well
BIJOY GHOSH
as up to 120 Hz of adaptive refresh
rate. I catch up on Kannan Gill’s “Is The twisting trunk of a Giant Liana
This It?”, a stand­up act filled with tree, captured in portrait mode
humour and existential dread, as life
generally is. At 2160p, the visuals are
crisp, and the sound is fairly multidi­
mensional. This is possibly due to
the 3D spatial audio built­in, to
boost the capabilities of the dual ste­
reo speakers with Dolby Atmos. In
Daniel Castro’s I’ll Play The Blues For
You the electronic guitar, with the
MEDIA GALLERY: MAHANANDA BOHIDAR
accompanying bass, drums, and
keyboards, and his soothing voice to
top it off, all came through rich and
resonant.
CAMERA
The rear camera set­up is robust — a
50MP camera with a 1/1.4­inch Sony
LYT­808 sensor, a 64 MP 3x peri­ Accurate colour tones and Photos taken in low­light conditions are clear, but not entirely grain­free Highlight and shadows are
scope telephoto camera and a 48 MP saturation, captured on a hike well­balanced in daylight
ultra­wide camera. The ProXDR
display tech is very much part of
how the photos look on­screen arrived post a software update yes­ tended gaming sessions. There’s 60 per cent by the end of the day. there are no heating issues. All in all,
when captured, and this time terday. This gives me granular con­ also an in­built infrared remote con­ With the 100W SUPERVOOC fast­ the OnePlus 12 delivers what a flag­
around the HDR effect seems to trol over the camera settings, and trol, which you can use to control charging brick, the smartphone ship should — most features work­
have been toned down a bit (com­ also has a helpful Auto mode within, electronic devices ranging from air­ takes a little less than 30 minutes to ing well as promised and very little
pared to the OnePlus Open), result­ in case I don't have enough time to conditioners to smart lights and ro­ charge fully. The smartphone can room for complaint.
ing in more realistic contrast and tweak settings. botic vacuum cleaners. also be charged wirelessly.
dynamic range in the final snap­ SNAPSHOT
shots. The Hasselblad Portrait TECH SPECS BATTERY VERDICT
mode delivers some lovely portraits The OnePlus 12 is powered by Snap­ The OnePlus 12 is powered by a In my experience with the OnePlus Price: ₹64,999 (12GB/256GB)
with a pleasant bokeh in the back­ dragon 8 Gen 3 mobile platform and 5,400mAh battery, which delivers 12, two things stand out — its pho­ ₹69,999 (16GB/512GB)
ground. I shot a couple of videos in the unit I reviewed had 16 GB RAM some truly impressive use cycles. I tography capabilities and long­last­ Pros: Appealing aesthetics,
the 4K Dolby Vision video mode and and 512 GB storage. The interface is had mobile hotspot on pretty much ing battery life. The audio­visual ex­ excellent battery life,
the video was smooth and crystal OxygenOS based on Android 14, throughout the day, while using the perience with multimedia capable camera, powerful
clear. Low­light photography was with more fluid interactions and an­ device to also binge on videos and streaming has also been quite im­ processor
appropriately brightened up, imation. There’s a dual cryo­velo­ read an e­book. I also used the cam­ pressive so far. Those who indulge in Cons: Not waterproof (IP 65
without much graininess. city VC cooling system, ensuring the era extensively during the day, and gaming will also find that the pro­ rated)
There’s also Master Mode which smartphone stays cool during ex­ the battery had not even dropped to cessor handles it with ease and that
HOT & ‘APP’ENING
The best apps handpicked for
your pleasure, this week!
Mahananda Bohidar
I don’t do New Year resolutions. But one thing I religiously sign up for at the beginning of each year
is a reading challenge on Goodreads. Of course, there are bumps along the way, as I fall off the
reading wagon as the year goes on. So, if you’re keen on working your way down that “To Be Read”
list this year, here are some apps to help make the journey more seamless.
Bookmory
his app helps you log the books you read throughout the year. A
T simple interface lets you quickly type and save notes that you
can look back on later. You can even decorate your notes and share
them with friends or on socials. A handy Book Calendar keeps track
of how much you’ve read in a particular month. You can even create
daily goals for reading a certain number of pages, a duration of time,
or completing a certain percentage of a book. The app will keep track
of how well and often you’re meeting your reading goals. The best
part is that it doesn’t even ask you to create a login or log in through
an associated GMail account to use these features!
SOUND PROFILE range. From 0­100, It took 2­3 Webtoon
The Skullcandy RAIL ANC TWS is hours to charge the headphones
n easy portal to the world of web comics and manga, this app will have
one of the best bass­tuned TWS I
have reviewed in recent times. It
and case.
A you hooked to graphic novels in no time. Yes, graphic novels count as
serious reading! Beautifully illustrated short stories or longer multi­part
features 12 mm drivers which VERDICT
stories keep you company as you wind down for the day. You can choose
gives the earbuds a punchy low and The Skullcandy Rail ANC is one of
to start with a novel that’s trending now or browse through each day of the
clear mid­audio profile. While the best true wireless stereo buds
week to see what topped the popularity lists. With the number of “hearts”
listening to a bass­heavy track like when it comes to deep and detailed
on some of the popular novels running into the millions, rest assured that
The Weeknd’s Starboy ft. Daft Punk, bass output and a decent ANC
there’s something for everyone here. If you like a particular novel that you
the lower volume vocals were clear mode as well.
have read, there’s a recommendation list right next to it that lets you
with the mid­level audio captured However, it does face stiff com­
discover similar ones.
well amidst the heavy thumps and petition from the likes of Sony
synth of instruments. I ended up WF­1000XM5 and the Apple Air­
enjoying listening to 4 hours of was satisfactory, thanks to its four Pods Pro (2nd gen), which are
Gundam OSTs on the Rail ANC and mics. Friends said that while my around the same price point but
felt that it did justice to its price
point, which I touch upon a little
voice was clear to them, it occa­
sionally had a slightly synthesised
deliver even better overall music
and call quality.
Readera
further along. effect with ANC on. simple enough reading app, Readera can be your go­to if you don’t
The Rail also makes for a pre­
ferred accessory for watching BATTERY
SNAPSHOT A use Amazon Kindle. What I like best about the app is the ease of
use. It’s very easy to add books to your virtual library here. Of course,
movies. All the explosive gunfire The Skullcandy Rail’s battery las­ Price: ₹21,999 you can tweak the font style, font size, thickness and line spacing, but
from Rohit Shetty’s Indian Police ted well over seven hours with Pro: Great bass, decent the app also gives you the ability to switch colour modes which include
Force boomed around and the act­ ANC on. The overall battery life is sound quality, effective ANC. Day, Night, Sepia, Twilight and more. A long press helps mark and save
ors’ voices still came through rated at 38 hours with the case. The Cons: Limited stay­aware quotes from any material you’re reading. At the tap of a button, you can
clearly on the buds. case also supports wireless char­ mode also glance at the content of the book, your bookmarked pages and all
The call quality of the Rail ANC ging which is a given at this price the saved quotes.
... . . . . . . HY­HYE
 6 . bl . think
THURSDAY ­ FEBRUARY 1, 2024
Capital trends
ALOK KUMAR
T
o promote clean energy
transition, the government
has set a goal of reaching up
to 15 per cent of energy
Govt capex focus must be backed up by private efforts supply from natural gas
from the present level of about 6 per
cent.
standout feature of Budgets of recent years
A
According to CEA data, CO2
has been the salutary focus on capital emissions generated in producing
electricity from Natural Gas are only 54
expenditure. The recently released Finance per cent of what is emitted in producing
Ministry’s limited review of the economy reaffirms the same amount of electricity from
this commitment, and rightly so. However, in order coal. However, there is one major
difficulty in pursuing this goal.
to lift the investment rate from about 30 per cent of India currently imports about 50 per
the GDP by about five percentage points in a few cent of the gas consumed and imports
years (a prerequisite to hit a growth rate of about 7 are going increase further as we enhance
the share of gas because of limited
per cent, given an incremental capital output ratio domestic availability.
of five), all actors will have to pitch in — corporates, But the supply disruptions due to the
households and government. So far, the private Russia­Ukraine war and the maritime
conflict in the Middle East could hamper
non­financial sector has not matched the energy security of India.
government’s capex push, even as there are signs of This challenge can be addressed to a
an uptick. large extent by blending domestically
produced Compressed Bio­Gas (CBG)
The role of industry is central, as with Natural Gas similar to the
government spending (Centre and States) Renewable Purchase Obligations for
electricity consumers – which mandates
accounts for just below 17 per cent of total electricity purchase in laid down
investment, with the households and proportion from renewable sources.
corporates roughly making up the CBG is derived from the anaerobic
f098efd8-cc7f-4a06-b5f8-605fc051f204
remaining 83 per cent on an equal basis. decomposition of waste and biomass
sources like agriculture residue, food
The review rightly notes that the Centre waste, and municipal solid waste and is a
has “rebalanced its fiscal expenditure” by renewable, cleaner alternative to
raising its capex from 12 per cent of total conventional fossil fuels.
expenditure in FY18 to 22 per cent in FY24 It has calorific value and other
properties similar to CNG and can be
(₹10­lakh crore). If the share of the Centre used as substitute fuel in mobility,
and States, broadly speaking, in total industries and commercial areas.
investment is up from 9­11 per cent in the We have abundant quantities of waste
past decade to nearly 17 per cent now, as and other residue material in India for
observed by analysts, it tells us that there producing CBG. In Europe, CBG has
been promoted as a clean energy option
has been a trend shift. But this order of through legislative measures, awareness
capex increase could hit a fiscal wall. The creation and supportive policy
private sector cannot but pick up the tab, interventions.
while the government focuses on Germany doubled the number of
biogas plants to about 9,000 since 2010.
efficiency of its investment. The review of India also announced a national
the economy notes with respect to an Axis initiative in 2018 to set up 5,000 CBG
Bank study, that investment by private plants by 2023­24 with annual
non­financial companies has improved, production of 15 million tonnes.
But progress on this front has been
having jumped 22 per cent between FY22 sluggish with the number of
and FY23 from ₹4.8­lakh crore to ₹5.9­lakh commissioned plants hardly touching
crore. This exceeds the pre­Covid (FY19) 100.
level of ₹4.6­lakh crore. But the jump, as a
study by Motilal Oswal Financial Services CBG – THE CURRENT CHALLENGES
CBG production depends upon
observes, has been driven by listed seasonally available raw material and
companies which account for about 30 per varying quality and uncertain supply
cent of the corporate GVA. chains are areas of concern.
Listed entities’ share in total corporate It is produced in remote areas closer
investments has risen from 26 per cent in
to sources of raw material. Due to the
seasonal availability of raw material,
the pre­Covid period (FY16­FY21) to 33.5 there are additional costs involved in
per cent in FY23. In other words, the listed storing and transporting it to either a
space has not been badly affected by Covid,
whereas the unlisted space has. A clutch of
firms is investing in sectors such as oil and
gas, telecom, healthcare, metals and
technology. Investment in auto, chemicals
and cement could pick up. Historically, oil
Bihar’s poor will pay the price for Nitish’s welfarism
and gas, power, metals, telecom and
automobiles have driven investment. As The government is now the largest employer in Bihar. The impact on State finances will be disastrous
for the other sectors, notwithstanding
increases in capacity utilisation, the flat
Govind Bhattacharjee
toplines pose a constraint in terms of
future outlook.
F
aced with an existential crisis
It appears that there is a demand within the Mahagathbandhan
constraint to investment. To begin with, allliance, Nitish Kumar was left
with no option but to return to the NDA
the government can provide a boost to fold. He will now lead the NDA
affordable housing. Above all, it is a government in Bihar to deeper
historical truth that Indian industry rarely welfarism ahead of the Lok Sabha
displays risk appetite or ‘animal spirits’, elections.
and instead asks for more — ever since the His only achievement so far has been
to make the government the primary
days of the Bombay Club. This is a mindset source of employment. Nitish had
problem. appointed more than 2.16 lakh teachers
to government jobs within a span of just
70 days during December­January.
After forming the Grand Alliance
government in Bihar in August 2022, he
POCKET RAVIKANTH had promised to create at least 10 lakh
government jobs and an additional 10
lakh “employment opportunities” in
several sectors which is nowhere in
sight.
But he has claimed to have created
3.63 lakh government jobs, and assured
that the promise of 10 lakh government
jobs will not only be fulfilled but
exceeded. Indeed, government remains
LETTERS TO 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, 859­860, Anna Salai, Chennai 600002.
No need for more SROs
Ths refers to 'RBI's SRO norms, a
positive step' (January 31). The
recent draft guidelines on
Framework for Self Regulatory
Organisations (SROs) in allowing to
have more SROs functioning as
‘complementary’ to the existing
Regulator appears to be paving way
for re­structuring or rather
minimizing its size of RBI.
We already have many voluntary
associations such as IBA, FEDAI,
AMFI and MFIN etc taking care of
different aspects of the financial
sector. There is no need to add any
more SROs or independant
associations. Having more such
establishments would lead to
diluting the existing structure and
functions.
Instead, the Regulator needs to think
Published by N. Ravi at Kasturi Buildings, 859 & 860, Anna Salai, Chennai­600002 and Printed by SDT Rao at Plot No. Z­6 to 8, IDA Uppal, Hyderabad­500007 – 06, on behalf of THG PUBLISHING PVT LTD., Chennai­600002. Editor: Raghuvir Srinivasan (Editor responsible for selection of news under the PRB Act).
CM
YK
Compressed biogas
has a future
ECO MOVES. Stepping up production of compressed biogas to
blend with natural gas, is vital for green energy transition
petrol pump or to an injection point on
the gas pipeline network.
Further, given the uncertainty in
offtake, either the surplus gas has to be
flared or sold in the local market with
price realisation uncertainty.
For example, in the SATAT scheme,
oil marketing firms offer a price which
includes transportation of CBG in
cascades only upto 25 km and in case of
low off take, there is no commitment to
pay.
Even in the fermented organic
manure market, the by­product of CBG
production has not matured. The CBG
programme envisaged simultaneous
development of linkages to natural gas
pipeline network for injection of CBG in
the pipeline for blending and transport.
This has not progressed.
So what can be done in the interim to
give a fillip to CBG?
The Oil Ministry’s report of the
‘Energy Transition Advisory
Committee’ has identified several
drivers for CBG Market Development.
An Oil Ministry report has
proposed trading CBG’s
green attributes and the
creation of an extra
revenue stream for biogas
producers by monetising
these attributes
the only major employer in Bihar. It
employs 4.5 lakh people and pays
pension to 6 lakh more. His erstwhile
deputy, Tejaswi Yadav, had claimed that
creating so many jobs within 70 days was
a “historic” feat.
But governments elsewhere create
conditions for the private sector to
generate productive employment rather
than becoming the sole source of
employment.
RISING REVENUE EXPENDITURE
At the end of the RJD rule in 2005, salary
and pension consumed 50 per cent of
Bihar’s revenue expenditure (RE),
leaving little for other development
initiatives. Since Bihar enacted its
FRBMA in 2006 at the prodding of the
Finance Commission, the ratio was
brought down to 28 per cent in FY22 by
gradually reducing the employee
strength.
Only then could it consistently
generate revenue surpluses which
accelerated growth. With a salary bill of
almost ₹45,000 crore now, Bihar already
is a revenue deficit State, and with 10
lakh additional government employees,
on horizontal expansion of existing
associations rather than going
vertical.
GS Santharam
Madurai
Asia burning
Apropos the article ‘Will a burning
Asia affect India’ (January 31), the
Gaza war has created a complex
situation drawing in many state and
non­state actors into the conflict.
Though the offshoot of the Gaza
conflict, the Yemen’s Houthi attacks
has severely impacted a major oil
supply artery, it is unlikely to
seriously disrupt Indian oil supplies.
India’s largely non­aligned foreign
policy, inspite of the recent tilt
towards the US, is standing it in good
steed.
India is also rebuilding relations with
HYDERABAD
businessline.
THURSDAY ­ FEBRUARY 1 ­ 2024
f098efd8-cc7f-4a06-b5f8-605fc051f204
One key aspect involves proposing CBG However, once CBG is produced and
blending mandates for all CGD entities sold either through pipelines, cascade or
marketing CNG and PNG. in LNG form (Bio­LNG), its “green”
The report suggests trading CBG’s attribute can be tokenised as a CBG
green attributes and the creation of an Certificate, allowing it to be traded
extra revenue stream for biogas independently from the physical use of
producers by monetising these CBG. Due to the flexibility provided by
attributes. This strategy involves CBG certificates CBG producers can opt
creating certificates that hold a to sell the gas produced as green gas
premium value over standard natural along with CBG certificate.
gas. They also have the option of
Recently, the National Biofuels separating CBG from its certificate,
Coordination Committee, led by the selling the CBG as regular gas in the
Union Petroleum Minister, announced local energy market and trading the
the gradual mandatory blending of CBG certificate separately in a virtual market
in the CNG and PNG segments of the for CBG Certificates. It aims to
CGD sector. empower both mandated and voluntary
The Compressed Biogas Obligation buyers to procure certificates tailored to
(CBO), which is voluntary till FY25, is their specific needs.
proposed to be made mandatory from This mechanism will require a
FY26. It will start at 1 per cent, and transparent trading platform. Since gas
raised to 5 per cent by 2028­29. sector already has authorised Gas
The amended Energy Conservation Exchanges, they can be designated for
Act empowers the Centre to mandate trading. The whole mechanism can be
consumption of a particular non­fossil regulated under PNGRB.
fuel in laid down proportion. But there is one particular challenge.
In case of renewable electricity,
CBG CERTIFICATION SCHEME
Currently, there's no system for trading,
generation and consumption can be
easily measured through grid level
purchasing, and monitoring of green electricity meters whereas in case of
attributes of CBG. To address this gap, CBG, accredited verifiers will have to be
the CBG mechanism needs to be be deployed to verify the production of
formulated. This scheme entails CBG. But this is doable.
creating and managing a registry for
CBG certificates (CBGCs). The gas is The writer is former Union Power Secretary and
traded and transported similar to Chaired the G 20 Energy Transitions Working Group in
regular gas. India’s Presidency
ironically be implemented by the
Industries Department of Bihar
government.
DuringNitish Kumar’s reign,
industrial growth has come to a
standstill, with the number of
operational factories in Bihar increasing
only marginally from 2,872 to 2,936
during the last 10 years, while
employment grew from 1.27 lakh to 1.28
lakh, as per Bihar Government data.
The scheme will cost the State
₹2.5­lakh crore over the next five years.
Besides this initiative, 63,850 landless
families will also be given ₹1 lakh each to
buy land to build a home.
ON THE EDGE. Bihar CM Nitish Kumar PTI Now even the NDA will be forced to
follow suit. Nitish Kumar, who was
credited with rescuing the State from
salaries will again claim bulk of its RE. the debt trap it was falling into under the
Just before taking oath for a record Lalu regime, is taking the State back to
ninth time, Nitish Kumar gave ₹2 lakh the brink again, this time with the NDA.
each to 94 lakh poor families of Bihar. He now cannot blame the Centre for
Bihar’s caste census showed that over refusing to finance the welfare of Bihar’s
a third or 94 lakh of the State’s families poor. Biharis will now pay the price.
earned less than ₹6,000 a month; each
family will now get ₹2 lakh over the next The writer is a former Director General at the Office of
five years in three instalments. the CAG and currently a professor at the Arun Jaitley
This new “Laghu Udyami Yojana” will National Institute of Financial Management.
Iran, increasing its investments, and submissions (Increased returns filing Political control of UCBs
desirous to develop the Chabahar and Direct taxes), leading to a 10­fold Apropos ‘UCB Directors should
port. Iran is also interested in surge in the Centre’s total tax carefully go through auditor’s report’
reenergising its energy relations with revenues over the past two decades. (January 31). It is a fact that most
India, a large and growing importer Credit must be given to individual UCB’s are controlled by political
of oil. The Houthi rebels are unlikely taxpayers for their contribution. leaders and lending norms ignore the
to intentionally attack Indian vessels However, as the Editorial highlights, consonance and statutes.
passing through Red Sea. it’s imperative that individual The recent case of Raghavendra
While the conflicts ranging from taxpayers receive some respite, and a Co­op Bank’s collapse in Bengaluru
Israel to Myanmar will have some reassessment of corporate taxes is points fingers also at RBI, apart from
impact on India, the pragmatic overdue. lapses by the bank management,
foreign policies of India and its Corporates, especially with the which failed to red flag irregularities
balancing act will ensure that their emergence of new technologies periodically.
impact on oil supplies will be such as AI, cloud computing, mobile Under the circumstances, it would be
minimal. apps, etc., are reaping substantial ideal if an official designated by RBI is
Kosaraju Chandramouli profits. It's time to consider higher nominated as full time director of a
Hyderabad taxation for corporations and UCB to minimise frauds, since
provide relief to the salaried classes. depending entirely on auditors may
Relief for salaried The Centre must give priority to the not be fool proof to safeguard the
Regarding the Editorial ‘Tax Tale’ interests of individual taxpayers. interests of the depositors.
(January 31), it's encouraging to see Vasanth Rajendran Rajiv Magal
an increase in personal income tax Chennai Halekere Village
ISSN 0971 ­ 7528
. . . . . . . . HY­HYE
 think . bl . 7
HYDERABAD

businessline.
THURSDAY ­ FEBRUARY 1 ­ 2024

Monitor veg oil imports

This will make policy interventions more effective
RAVI MITTAL
G Chandrashekhar SUNIL JAIN

I
n an era increasingly dominated

I
t is common knowledge that
India is the world’s largest
importer of vegetable oils
with an annual import volume of
14­15 million tonnes valued at
$12­13 billion and that the
country faces compulsion to
import because domestic
production has persistently failed
to meet the burgeoning
consumption demand.
India’s import basket
comprises broadly 8­9 million
OIL. Talking up the market
vegetable oil consumption to trail
by digital technologies, the
imperative to enhance digital life
and improve accessibility and
security has never been greater.
This is where the concept of “public
good” in the digital realm, manifested as
Digital Public Goods (DPGs), becomes
pivotal. Examples of DPGs include
open­source software, information
systems, and education portals that are
available to all. These resources are
critical in our interconnected world, not
just as tools of convenience but as

India gets it right in

tonnes (mt) of various palm oils,
3­3.5 mt of soyabean oil and 2­2.5
mt of sunflower oil. The avowed
objective of self­reliance in edible
oils has remained on paper while
nothing much has changed on the
ground in recent years despite
several practical policy options
available.
Overseas suppliers are well
aware of India’s dire need to
import in order to bridge the
supply gap, augment availability
and rein­in consumer price rise.
Often, there is a concerted effort
to ‘talk’ the market up — send out
statements of an imminent rise in
f098efd8-cc7f-4a06-b5f8-605fc051f204
production by 4 mt.
The proponents of bullish
theory lay much emphasis on the
extant El Nino to argue that
oil­palm trees will be affected by
dry conditions and, therefore,
production would be lower. While
El Nino is real, it is not a severe
one, quite unlike that experienced
in say 2015­16. El Nino is likely to
end by April. At the same time, La
Nina (the opposite of El Nino)
will kick­in sometime in the
second half of this year. La Nina
usually brings more rainfall than
normal.
Crude oil prices impact
essential enablers of equitable access to
information and services.
To ensure that DPGs are fully
functional and accessible, robust
infrastructure is necessary. This
infrastructure must address digital
goods’ technological, functional, and
security requirements. For instance,
DPI, or Digital Public Infrastructure,
involves foundational technology
systems such as identity systems,
payment systems, and data exchanges.
digital public goods
These infrastructures are crucial for the SETTING THE STANDARD. China and US are grappling with issues of privacy, government
smooth operation of a digital economy,
and they must be designed to be role and monopoly power, whereas India has integrated private, public and civil society sectors
non­excludable and non­rivalrous,
ensuring universal access. improving service delivery speed and achieved, integrating public, private, and infrastructures controlled by private

overseas prices so that India will
be more desperate to contract for
quantities at existing prices.
PRICE TRAJECTORY
This has been going on blatantly
for years. The market has its own
price trajectory based on
supply­demand fundamentals and
does not always behave as touted
by influencers. Last year (2023)
was a case in point. Indian
importers took bullish bets on
market prices with utter disregard
for commercial intelligence.
No wonder, many players
incurred heavy financial losses as
the predicted bull run failed to
materialise. Indeed, crude palm
oil futures on the Malaysian
bourse was down 10.5 per cent in
2023. An attempt is seen this year
too to talk the market up. It is
necessary for value chain
participants here to exercise
caution about the ongoing hype
over palm oil shortage in 2024.
Consider the following data
points for 2023­24 based on
publicly available credible sources
of information: world oilseed
harvest to reach record 660 mt
(631 mt in 2022­23); soybean
harvest to reach a new high of 399
mt (375 mt); record
sunflower­seed harvest at 57 mt
(52 mt); major vegetable oils
production to reach a high of 223
mt (up 6 mt from previous year);
palm oil production higher at 79.5
mt (77.5 mt); palm oil
consumption to be below
production by 1.5 mt; and world
vegetable oil prices via the
biodiesel route. Currently,
despite OPEC+ production cuts,
the world crude oil market is well
supplied. Brent has fallen well
below $80 per barrel. When crude
oil prices soften, discretionary
blending of biodiesel takes a hit.
So even this factor is not
supportive.
It is necessary for Indian
importers to be wary of bullish
forecasts not supported by
credible data. Policymakers in
New Delhi too have to be wary.
Currently, the government has no
clue about the varieties and
volumes of various vegetable oils
contracted for, their prices,
arrival schedule, and so on. Often,
New Delhi’s policy interventions
fail to achieve the most desired
outcomes because such
interventions lack data support. It
is also likely that the government
falls prey to lobby pressure to
make untimely changes to the
rates of customs duty.
To ensure data­supported
policy decision, it is necessary for
the government to introduce a
system of monitoring and
regulation of vegetable oil import.
Importers should be mandated to
file import contracts with a
designated government authority.
It will provide policymakers
advance information and data
relating to imports, prices, type of
oil, arrival period, and so on.
The writer is a policy commentator and
agribusiness specialist. Views are personal
India’s foray into DPI, with examples
like the Unified Payments System (UPI),
serves as a beacon. UPI has
revolutionised financial transactions,
enabling instant transfers at minimal
costs and playing a significant role in
financial inclusion. Similarly, the
Unified Health Interface (UHI) is set to
transform healthcare accessibility.
These initiatives are a testament to
India's commitment to leveraging digital
technology for public welfare.
DPGS ARE TRUST-BASED
At the heart of DPI’s success is a
three­pronged approach: technological
innovation, community engagement,
and effective governance. The
technological aspect emphasises
scalability and security, ensuring that
digital platforms are accessible while
safeguarding user privacy. Community
engagement focuses on making DPIs
universally accessible, encouraging
public participation and efficient
grievance redressal mechanisms.
Governance involves transparent and
sustainable management of technology,
with institutions held accountable and
funding streamlined.
India’s DPIs are increasingly built
using open­source and modular
technologies, enhancing
‘interoperability’. This allows seamless
information exchange between sectors,
MSMEs need tax breaks, better access to credit
Ketul Acharya
scale. The open nature of these systems
fosters integration into existing setups
and maintains transparency,
encouraging efficiency and public trust.
The inclusivity and welfare­based
approach is a cornerstone of India’s
digital public infrastructure.
Government policies, from the National
Communications Policy to initiatives by
the National Payments Corporation of
India, emphasise digital service
accessibility while upholding privacy
and security. This reflects a profound
understanding that technology can be a
powerful tool for welfare and societal
upliftment.
In contrast to the approaches in the
US and China, India’s model stands out.
Despite its technological advancements,
the US grapples with issues of privacy
and monopolistic control in its tech
sector. On the other hand, China’s tech
industry, though robust, faces global
scrutiny over government control and
data privacy issues. Both models lack the
balance that India’s DPI framework has
At the heart of DPI’s
success is a three­pronged
approach: technological
innovation, community
engagement, and effective
governance.
ecosystem. That said, innovation is no
more a choice. It is a must and can
civil society sectors in a synergistic
manner.
BUILDING TRUST
A crucial aspect of DPI is ensuring
robust privacy and security measures.
India has been proactive in this arena,
introducing legislation like the draft
Personal Data Protection Bill and
establishing frameworks like DEPA for
consent­based data sharing. These
initiatives are fundamental in building
trust in India’s digital infrastructure.
The notion of ‘trust’ in the context of
DPI is complex and multi­dimensional.
It involves ensuring data security,
maintaining institutional accountability,
and managing change effectively.
Stakeholder involvement is key in this
process, requiring a collaborative effort
from public, private, and non­profit
entities. Such collaboration ensures
diverse perspectives and equitable
service delivery.
Furthermore, the Indian Constitution
provides a rights­based framework that
supports the use of technology for
socio­economic development, aligning
DPIs with the broader goals of social
justice and equity. This backing
reinforces the legitimacy and security of
India's DPI initiatives.
The collaborative funding model in
India’s DPI landscape is another
hallmark of its success. Unlike digital
encounter during economic slowdowns
is highly anticipated. Specifically, soft
f098efd8-cc7f-4a06-b5f8-605fc051f204
tech companies, India’s DPIs are
designed to be non­excludable and
non­rivalrous. This model encourages
private­sector innovation while
preventing monopolistic control. The
blend of public, private, and civil society
partnerships in initiatives like the UPI
system exemplifies this balanced
approach.
Despite these advances, challenges
remain. Cyber threats and data breaches
are significant concerns in the digital
realm. India’s commitment to
addressing these issues is evident in its
data privacy and security initiatives, but
continuous vigilance and adaptation are
necessary. Approaches like “Security by
Design” and “Privacy by Design” are
pivotal in ensuring robust and
trustworthy digital systems.
In summary, India’s model of DPI
demonstrates a comprehensive
approach to digital public goods. It
balances innovation with democratic
principles and welfare orientation,
offering a blueprint for global
applicability. As digital technologies
evolve, India’s experience provides
valuable insights for creating accessible,
secure, and beneficial digital public
goods, setting a standard for the rest of
the world to follow.
Ravi is District Collector, Jashpur, and Sunil is a
US­based cyber security advisor. Views are personal

T
he contribution of micro, small
the hindu businessline.
and medium enterprises
(MSMEs) is unparalleled in the
country’s economic landscape. Often
TWENTY YEARS AGO TODAY. hailed as India’s growth engine, the
sector contributes to about 30 per cent
February 1, 2004 of the country’s GDP, 48 per cent of
exports, and employs over 11 crore
Tariff panel to study palmolein duty differential people. For the sector to continue its
Duty anomaly, inverted tariff structure, negative protection, etc., are seemingly growth trajectory and envision the
words that are now part of India Inc’s everyday lexicon. Notable amongst the government’s vision of a 50 per cent
‘victims’ of this phenomenon are domestic vegetable oil refiners, who have GDP contribution from MSMEs and
pleaded their case loud enough for the Tariff Commission to undertake a formal SMEs by 2030, the Union Budget this
study on the subject. year will have a set of expectations that
align with the sector’s unique needs and
Easier ECB norms come into effect potential.
The ECB limit under the automatic route requiring no prior approval from the RBI The 2023 Union Budget revolved
has been lifted to $500 million for loans having minimum maturity of five years, as around the inclusive development of
long as the loans are for investment in industrial, infrastructure sector or for MSMEs by allocating a ₹10,000 crore
acquisition of shares under the Government’s disinvestments programme of PSU fund in a bid to foster technological
shares. The previous limit was $50 million. developments and infrastructural
support. Today, the MSME sector is
‘SBI open to acquisitions’ driven by widespread technology
State Bank of India has an open mind about acquisition of other banks, according adoption and is crucial for transforming
to its Managing Director, Mr C Bhattacharya. He said the bank has already been India's economy into a mass
sounded out in this regard. “We are seriously looking into the opportunities,” he entrepreneurship and job creation
said. He, however, declined to give the details of the offers his bank had received.
happen faster by using technology and
artificial intelligence (AI). Today,
MSMEs want to understand what
global best practices are and want to
compete with enterprises. As a result,
they are exploring how technology such
as cloud and AIgive them the ability to
do so by running their operations
better. Hence, favourable policies and
Budget allocation around technology
adaptation for MSMEs have become
imperative and the upcoming Budget is
expected to bring favourable policies
around the same.
The Budget necessitates nuanced
policy frameworks to realise this vision
and potential of MSMEs. Strategic tax
benefits and infrastructure
development are among the key pillars
that can contribute to creating a
positive growth environment for
MSMEs.
One of the primary challenges
MSMEs face is the limited access to
formal credit and finance. As per a
report by the Global Alliance for Mass
SMALL UNITS. Growth engine
Entrepreneurship, the problem of
delayed payments to MSMEs is in the
magnitude of ₹10.27­lakh crore, an
estimated 7.8 per cent of the country’s
GDP. The upcoming Budgetmust
strengthen policies in this area. Easier
and non­delayed access to finance is not
just a convenience for MSMEs; it is a
critical factor that can determine their
survival and growth. The hope is for the
Budget to introduce measures that
facilitate a smoother credit chain for
MSMEs.
The introduction of innovative
financial instruments designed to
address the challenges MSMEs
loans at minimal interest rates. These
tailored financial solutions can act as a
lifeline during challenging economic
periods, allowing MSMEs to navigate
uncertainties and sustain their
operations.
Aholistic vision for the Budget this
year encompasses not only tax benefits,
infrastructure development, and
improved credit access but also a
forward­looking approach for MSMEs.
This would address the immediate
needs of MSMEs but also lay the
groundwork for their sustained growth
in the long term. For example, the EU
introduced the Carbon Border
Adjustment Mechanism (CBAM) from
October 1, 2023. CBAM would translate
into a 20­35 per cent tax on select
imports into the EU for SMEs and
MSMEs starting January 1, 2026. Such
policy interventions would help the
MSME sector thrive.
The writer is President, Global Alliance for Mass
Entrepreneurship

BL TWO­WAY CROSSWORD 2367

EASY NOT SO EASY
ACROSS DOWN ACROSS DOWN
1. Spinning­stick (7) 1. Put into plain language (6) 1. Female side, if fast, could follow Democrat leader (7) 1. The fish is in the river, to put it in plain language (6)
5. Small drum to accompany 2. Body height (7) 5. Small drum and bar to play it with (5) 2. Treat us according to our height (7)
fife (5) 3. Fitting; likely (3) 8. Idle talk, and tract he makes of it (7) 3. Suitable beginnings always produce talent (3)
8. (Teeth) knock together (7) 4. In prime position (5) 9. The humble moo is duly halved (5) 4. Before anyone else, a top degree (5)
9. Humble, modest (5) 5. Mental thought­conveyance (9) 10. It may be pooled, but it will score forty (6,3) 5. Communication, mind to mind, of the type Al
10. It scores forty on 6. Shady garden enclosure (5) 12. Type of deer in part, theoretically, making a produced (9)
dartboard (6,3) 7. Made poetry (6) comeback (3) 6. Anchor at front of recess in the garden (5)
12. Fish eggs (3) 11. Feature, distinguishing mark, 13. The thing that changes darkness (5) 7. Made corresponding sound to my herd scattering (6)
13. Dark period (5) on face (9) 17. At one in the morning it is one's purpose (3) 11. A feature met in lane that winds about (9)
17. Level a gun (3) 14. A ruler (7) 19. Anyone can cause such aggravation (9) 14. A king among the butterflies (7)
19. Irritation (9) 15. Carriage with folding top (6) 21. To play from the tee, be behind the wheel (5) 15. Carriage to put one down on a forbidden turn (6)
21. Impel (5) 16. Easily chewed (6) 22. Might take drink with editor, being a like spirit (7) 16. Put in a bid for a boat's small craft (6)
22. Congenial, akin (7) 18. Indian corn (5) 24. Stinging sort of return made, right away (5) 18. Corn one found in the labyrinth (5)
24. Burning, stinging (5) 20. Unclothed (5) 25. He makes drainage cuts the church tried to 20. Having nothing on, this eye sees without glasses (5)
25. Maker of drainage channels (7) 23. Shelled fruit (3) organise (7) 23. Food that may be bolted (3)

SOLUTION: BL TWO­WAY CROSSWORD 2366

ACROSS 1. Comet 4. Back off 8. Roast 9. Harvest 10. End 11. Hundredth 12. Port 13. Plan 18. Nostalgia 20. Roc 21. Inertia 22. Prior 23. Galatea 24. Muggy
DOWN 1. Corresponding 2. Meander 3. Titchy 4. Behind 5. Curare 6. Oread 7. Fetch and carry 14. Lurking 15. Past it 16. Iguana 17. Wampum 19. Spell

CM
YK ... . . . . . . HY­HYE
 8 . bl . market.radar
HYDERABAD
For BSE/NSE live quotes, scan
the QR code or click the link businessline.
https://bit.ly/2FpossK THURSDAY ­ FEBRUARY 1 ­ 2024

QUICKLY.
LIC closes above IPO price
for first time since listing
IFSC may wean away liquidity of dual Sensex soars
over 600 points
ahead of Budget,
listed stocks from BSE, NSE: Experts US Fed decision
Press Trust of India
INCLINED PLANE. FPIs likely to prefer trading in GIFT City due to reduced currency risk, potential tax exemptions on capital gains Mumbai

Chennai: Shares of Life Insurance
Corporation closed above the
IPO price for the first time on
Wednesday since its listing in
May 2022. The stock closed at
₹949.75 on both the NSE and
the BSE, a tad above the IPO
price of ₹949. Though the stock
moved above the allotment
price of ₹904 (for retail
investors) and ₹889 (policy
holders) a few days back, it
managed to close above ₹949 —
the allotment price for HNIs and
institutions — only today. With
this, investors can heave a sigh of
relief, as their investment turned
positive after one­and­half years.
Thanks to stupendous rally in the
last few months, the
maket­capitalisation of
insurance major crossed ₹6­lakh
crore. The stock has been on a
phenomenal run in the last three
months gaining 57.70 per cent.
f098efd8-cc7f-4a06-b5f8-605fc051f204
Ashley Coutinho
Mumbai
Companies listed on the do­
mestic bourses that also
choose to list on the GIFT
IFSC exchanges could see a
fragmentation of liquidity.
Foreign portfolio investors
(FPIs) may prefer investing in
shares listed on IFSC ex­
changes given the reduced
currency risk and the poten­
tial tax exemption on capital
gains from sale of shares, said
experts. Eligible foreign in­
vestors who are not FPIs can
also invest in companies listed
on IFSC.
“Indian companies can
now choose to raise funds
from both local markets in
INR and foreign markets at
IFSC in foreign currency, sup­
porting their global aspira­
tions.
GIFT­IFSC’s regulatory
framework enables transac­
tions on stock exchanges in
foreign currency, reducing
currency risk and offering a
secure and attractive invest­
ment climate,” said Tushar
Sachade, Partner, Price Wa­
terhouse & Co.
POTENTIAL SPLIT
Industry observers believe a
dual listing could lead to a
split in market capitalisation
of Indian companies and im­
pact liquidity for resident in­
vestors, while providing addi­
tional avenues for FPIs to
invest.
“A dual listing could lead to
the bifurcation of the Indian
capital market into a market
for domestic and interna­
the exchanges (specifically in
mainland exchanges for retail
investors) and swap of secur­
ities of one exchange for the
other for foreign investors.
“Foreigners will have the
choice of investing in shares
listed on IFSC or on the main­
land. Indian issuers can do a
differential pricing for follow­
on public offerings, and can
potentially raise money at a
higher valuation from foreign
FRAGMENTATION. A dual listing could split preference of investors,” said V Balasub­
domestic investors and international investors among the exchanges ramaniam Managing Director
and Chief Executive Officer of
NSE IX (NSE International
tional investors. This may be invest, at least to the extent of Exchange).
detrimental to the resident the current LRS limits. Ac­ He believes that domestic
domestic investors unless ad­ cording to him, clarity would liquidity will be protected to
equate safeguards are put in be required in terms of parity the extent that resident in­
place,” said Yashesh Ashar, in pricing norms, calculation vestors are not permitted to
Partner, Illume Advisory. of market capitalisation, pro­ invest in companies listed on
Ashar believes that resident moter shareholdings, main­ the IFSC exchanges.
investors should be allowed to tenance of liquidity in both Indian companies listed on
the mainland bourses can list Benchmark equity indices re­
on the IFSC exchanges via fol­ covered their previous day’s
low­on public offerings, offers losses and closed nearly 1 per
for sale or qualified institu­ cent higher on Wednesday
tional placements, subject to amid robust buying in HDFC
SEBI approval. Bank and Reliance Industries.
“This will be through a Investors are eyeing the two
framework that will be based important events lined up
on the principles of the depos­ ahead — the interim budget
itory receipt mechanism. So, a and the US Fed interest rate de­
part of the shares will be held cision — to derive further cues
in the Indian depository and from.
part will be in the IFSC depos­ Reclaiming all the early lost
itory,” said Balasubramaniam. ground, the BSE Sensex
A working group report jumped 612.21 points to settle
titled ‘Direct Listing of Listed at 71,752.11. The Nifty climbed
Indian Companies on IFSC 203.60 points to 21,725.70.
Exchanges’ had suggested “Global markets will keenly
that the equity shares of In­ await the US Fed’s comment­
dian companies listed on ary on the rate cut timeline. On
IFSC exchanges be held dir­ the domestic front, investor’s
ectly by the shareholders in focus will be on the Budget,”
their Demat accounts main­ said Siddhartha Khemka, Head
tained with the depository in ­ Retail Research, Motilal Os­
IFSC. wal Financial Services Ltd.

In January 2024, it gave a return
of 14 per cent.OUR BUREAU
Nasdaq opens lower as
tech giants disappoint
The tech­heavy Nasdaq opened
lower on Wednesday as Alphabet
and Microsoft’s projections for
rising AI costs dented mega­cap
and chip stocks ahead of a US
Fed’s policy decision. The Nasdaq
Composite dropped 185.71 points
to 15,324.19 at the opening bell,
while the Dow Jones Industrial
Average fell 40.53 points, at the
open to 38,426.78. REUTERS
DSP Asset cautions investors on equity
valuation; advises multi­asset strategy
Our Bureau
Mumbai
DSP Asset Managers has cau­
tioned investors on high
equity market valuation amid
plateauing top­line of corpor­
ates and advised investors to
adopt multi­asset strategy to
ride through the bullish senti­
ment in the markets.
Investors should use the
systematic investment plan
mode for disciplined invest­
ment in equity with long term
vision and should not rejig
their investments based on
past performance of schemes.
Despite the overall resili­
ence in high­frequency
growth data linked to do­
mestic demand, two areas of
concern have emerged re­
cently, it said. The vulnerabil­
ity of rural demand within the
broader consumption land­
scape and uncertainties sur­
rounding the outlook for
private capital expenditure
amid the overall investment
scenario, said the fund house
in its annual review.
Given the broad­based eco­
nomic recovery, the Indian
mid and small­cap segments
witnessed a notable surge of
over 40 per cent and public
sector enterprises bounced
back last year. These develop­
ments have piqued the in­
terest of investors, prompting
questions about the factors
propelling this run­up and fu­
ture of these segments.
‘REMAIN VIGILANT’
Vinit Sambre, Head­Equities,
DSP Mutual Fund, said des­
pite the slowdown in revenue,
the bottomline of corporates
are improving because of the
drop in input cost and im­
proved operational efficiency.
However, he noted that this
may not last long as crude
prices have already started
inching up and other raw ma­
terials are also strengthening.
Given the recent trend, the
retail consumption is also
slowing down in the rural
areas and may have an impact
on corporates capex plans go­
ing ahead, he said.
While India does offer an
exceptional long­term invest­
ment opportunity, he said in­
vestors should remain vigilant
considering a shifting land­
scape marked by decelerating
global growth, rising global in­
terest rates, persistent near­
term dollar strength and geo­
political uncertainties.
While India, with its
primarily domestically driven
growth, is expected to be rel­
atively less susceptible to
global macro risks, expecta­
tions need to be appropriately
set for the current year on
back of rich valuations, he
said.
SEBI restrains Kishan Nanda from
accessing market in Sanctum PMS case
Our Bureau
Mumbai
The SEBI on Wednesday re­
strained Kishan Vishram
Nanda, who worked as an
equity dealer in the broking
arm of Sanctum Wealth
Management, from access­
ing the securities market and
dealing in securities for three
years and for front­running
trades of Sanctum PMS. He
has been been levied a pen­
alty of ₹5 lakh.
Nanda had opened a trad­
ing account in the name of
Kishan Vishram Nanda HUF
and six additional trading ac­
counts in the name of his
family members — Sumitra
f098efd8-cc7f-4a06-b5f8-605fc051f204
front run the impending
trade orders of Sanctum
PMS.
All the above noticees, ex­
cept Vishram Purshottam
Nanda HUF (noticee 4), have
been restrained from access­
ing the securities market,
and prohibited from dealing
in securities for a year.
All except noticee 4 are
directed, jointly and sever­
ally, to disgorge a sum of
Vishram Nanda, Vishram ₹34,84,605 along with an in­
Purshottam Nanda HUF, terest at the rate of 12 per
Prafulla Kisan Nanda, Vijay cent simple interest per an­
Vishram Nanda HUF, Leena num (computed from Octo­
Vijay Nanda and Rahul ber 16, 2020, the last front
Narottam Nanda with Glob­ running date, till the date of
alworth Securities. Kishan actual payment) within 45
Vishram Nanda traded days to the Investor Protec­
through these accounts to tion and Education Fund.

Nova Agritech makes a stellar debut BROKER’S CALL. TODAY’S PICK. Nifty 50 Movers
Close(₹) Pts
왖 203.60 pts.
PE
HDFC Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1462.55. . . . . . . . . . 31.36. . . . . . . . . . . 18.48 . . . . . . . . 11.57
Wt(%)

Our Bureau
Chennai
Shares of Nova Agritech
made a stellar debut at the
bourses on Wednesday by
gaining over 43 per cent. The
stock opened at ₹56 on the
BSE against the IPO price of
₹41, slipped to a low of ₹55
before closing at day’s high of
₹58.79, a gain of 43.39 per
cent over the IPO price. On
the NSE, shares were listed at
₹55 and closed at ₹57.75.
The IPO saw an over­
whelming response from all
category investors with the
issue being subscribed over
109 times.
While the portion reserved
for high net worth individu­
als was subscribed 224 times,
quota for retail investors re­
ceived bids for 77.10 times
and that of qualified institu­
tional buyers 79.31 times.
The IPO size was ₹143.81
crore from the soil­health­
management, crop­nutrition
and crop­protection
BNP Paribas
L&T (OUTPERFORM)
Target: ₹4.020
CMP: ₹3.,480.15
Q3­FY24 core sales (ex­services) of ₹39,300 crore
was about 2 per cent above our estimate, displaying
seasonal improvement in execution. Core EBITDA
margin at 7.5 per cent (­100 bps y­o­y, +10 bps
q­o­q) missed our estimate (8.6 per cent).
The company has delivered on other fronts,
including order inflows of ₹76,000 crore (+25 per
cent y­o­y), which was higher than our estimate
(₹61,000 crore), and NWC (ex­finance) moderated
to 16.6 per cent of sales, largely in line with our view
ON FERTILE GROUND. Kiran Kumar Atukuri, MD, and K Srinivas of further moderation from H1­FY24 levels.
Gunupudi, CFO, Nova Agritech, at the listing ceremony at the BSE Management raised its guidance to high­teens
on Wednesday. The stock closed the listing day with 43 per cent y­o­y growth (vs 15 per cent) for FY24 revenue. It
gain at ₹58.79 against the IPO price of ₹41 also expects order inflows to grow 20 per cent
y­o­y (+12 per cent earlier) and the NWC­to­sales
ratio to remain at the current level of 16.6 per cent.
products company that con­ ences to set up a new formu­ Due to rising share of Middle East contracts in the
sisted of a fresh issue of ₹112 lation plant, ₹10.49 crore for order book, fixed­price contract exposure rose to
crore and an offer­for­sale funding capital expenditure 43 per cent by 9M­FY24 vs 30­35 per cent typically.
(OFS) of ₹31.81 crore. and towards expansion of its This results in higher commodity inflation risks to
The company had raised existing formulation plant. margins but given the relatively stable steel and
₹43.14 crore from anchor in­
vestors as part of the IPO
Besides, it will utilise ₹26.65
crore for funding the working
cement prices, we do not expect near­term
impacts.
fundraising exercise. capital requirements of the Key risks to our investment thesis are slowdown of
The company plans to use company and ₹43.36 crore tendering and prolonged delay in margin recovery.
net proceeds worth ₹14.20 for investment in Nova Agri Near­term asset monetisation and
crore for investment in its Sciences’ working capital higher­than­expected order inflows are upside
subsidiary Nova Agri Sci­ requirements. risks.
Vardhman Textiles (₹428.25): BUY
Gurumurthy K
bl. research bureau
The outlook is bullish. The stock
has formed an inverted head and
shoulder bullish reversal pattern.
The strong 8 per cent surge on
Wednesday breaking above the
resistance at ₹418 confirms this
pattern. The level of ₹418 will act
as a strong support. Intermediate
dips are likely to get fresh buyers
near this support.
Vardhman Textiles share price
can rise to ₹455­460 over the
next two­three weeks. From a
slightly wider time frame of
two­three months, the stock has
potential to target even ₹490 on
the upside.
Traders can go long now.
Day trading guide
21786 » Nifty 50 Futures
S1 S2 R1 R2
21740 21600 21840 21930
Accumulate on dips at ₹420.
Keep a stop­loss at ₹410 initially.
Trail the stop­loss up to ₹433 as
soon as the stock moves up to
₹440. Move the stop­loss up to
₹442 when the price touches
₹448. Exit the longs at ₹455.
Note: The recommendations are based
on technical analysis. There is risk of loss
in trading.
COMMENT
Go short on a break below 21740.
Keep the stop­loss at 21770
Reliance Ind . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2853.25. . . . . . . . . . 29.40. . . . . . . . . . . 24.40 . . . . . . . . 10.16
ICICI Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1028.15. . . . . . . . . . 18.04. . . . . . . . . . . 16.35 . . . . . . . . . . 7.59
State Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 640.50. . . . . . . . . . 12.07. . . . . . . . . . . . . 8.12 . . . . . . . . . . 2.59
Sun Pharma . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1418.45. . . . . . . . . . 11.53. . . . . . . . . . . 39.78 . . . . . . . . . . 1.61
Tata Motors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 884.20. . . . . . . . . . 10.21. . . . . . . . . . . 21.62 . . . . . . . . . . 1.64
Axis Bank. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1067.75. . . . . . . . . . . . 8.66. . . . . . . . . . . 24.34 . . . . . . . . . . 3.12
Dr Reddys Lab . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 6121.15. . . . . . . . . . . . 7.80. . . . . . . . . . . 20.06 . . . . . . . . . . 0.78
Infosys . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1660.90. . . . . . . . . . . . 7.71. . . . . . . . . . . 28.24 . . . . . . . . . . 6.24
Maurti Suzuki . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 10186.90. . . . . . . . . . . . 7.10. . . . . . . . . . . 28.21 . . . . . . . . . . 1.42
ITC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 441.55. . . . . . . . . . . . 7.09. . . . . . . . . . . 26.48 . . . . . . . . . . 4.12
Bharti Airtel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1170.70. . . . . . . . . . . . 6.97. . . . . . . . . . . 62.96 . . . . . . . . . . 3.12
M&M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1651.55. . . . . . . . . . . . 6.39. . . . . . . . . . . 16.89 . . . . . . . . . . 1.56
PowerGrid Corp . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 259.30. . . . . . . . . . . . 5.42. . . . . . . . . . . 15.72 . . . . . . . . . . 1.24
UltraTech Cement . . . . . . . . . . . . . . . . . . . . .. 10167.35. . . . . . . . . . . . 5.38. . . . . . . . . . . 45.75 . . . . . . . . . . 1.24
Hind Unilever . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2481.55. . . . . . . . . . . . 4.68. . . . . . . . . . . 56.48 . . . . . . . . . . 2.33
Bajaj Finserv . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1627.30. . . . . . . . . . . . 4.56. . . . . . . . . . . 18.41 . . . . . . . . . . 0.93
Eicher Motors . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3839.60. . . . . . . . . . . . 4.22. . . . . . . . . . . 29.35 . . . . . . . . . . 0.55
Grasim Ind. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2175.00. . . . . . . . . . . . 4.12. . . . . . . . . . . 12.55 . . . . . . . . . . 0.84
Cipla . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1351.00. . . . . . . . . . . . 4.07. . . . . . . . . . . 29.14 . . . . . . . . . . 0.75
HCL Tech . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1576.00. . . . . . . . . . . . 4.04. . . . . . . . . . . 27.25 . . . . . . . . . . 1.76
TCS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3815.95. . . . . . . . . . . . 3.57. . . . . . . . . . . 30.66 . . . . . . . . . . 4.07
Divis Lab. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3670.60. . . . . . . . . . . . 3.46. . . . . . . . . . . 73.17 . . . . . . . . . . 0.49
Adani Ports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1207.65. . . . . . . . . . . . 3.41. . . . . . . . . . . 41.03 . . . . . . . . . . 0.93
Hindalco. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 579.35. . . . . . . . . . . . 3.37. . . . . . . . . . . 15.46 . . . . . . . . . . 0.89
Adani Enter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3142.00. . . . . . . . . . . . 3.05. . . . . . . . . 141.53 . . . . . . . . . . 0.87
Bajaj Finance . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 6862.90. . . . . . . . . . . . 2.91. . . . . . . . . . . 30.77 . . . . . . . . . . 2.01
Britannia Ind . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 5198.40. . . . . . . . . . . . 2.88. . . . . . . . . . . 49.45 . . . . . . . . . . 0.65
ONGC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 252.25. . . . . . . . . . . . 2.72. . . . . . . . . . . . . 6.19 . . . . . . . . . . 1.04
Bajaj Auto. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 7667.55. . . . . . . . . . . . 2.62. . . . . . . . . . . 29.31 . . . . . . . . . . 0.91
Tata Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 135.95. . . . . . . . . . . . 2.34. . . . . . . . . . . . . 0.00 . . . . . . . . . . 1.17
Tech Mahindra . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1333.65. . . . . . . . . . . . 2.26. . . . . . . . . . . 45.55 . . . . . . . . . . 0.88
NTPC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 317.50. . . . . . . . . . . . 2.23. . . . . . . . . . . 15.90 . . . . . . . . . . 1.59
IndusInd Bank. . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1534.05. . . . . . . . . . . . 2.14. . . . . . . . . . . 13.76 . . . . . . . . . . 1.07
LTIMindtree Ltd. . . . . . . . . . . . . . . . . . . . . . . . .. . . 5448.55. . . . . . . . . . . . 2.01. . . . . . . . . . . 35.07 . . . . . . . . . . 0.53
Coal India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 406.15. . . . . . . . . . . . 1.88. . . . . . . . . . . . . 8.94 . . . . . . . . . . 0.97
Wipro. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 478.15. . . . . . . . . . . . 1.82. . . . . . . . . . . 22.01 . . . . . . . . . . 0.71
JSW Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 818.65. . . . . . . . . . . . 1.45. . . . . . . . . . . 17.57 . . . . . . . . . . 0.82
NestleIndia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2506.00. . . . . . . . . . . . 1.14. . . . . . . . . . . 81.32 . . . . . . . . . . 0.94
Apollo Hosp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 6352.95. . . . . . . . . . . . 0.99. . . . . . . . . 125.11 . . . . . . . . . . 0.67
Hero MotoCorp . . . . . . . . . . . . . . . . . . . . . . . . .. . . 4621.55. . . . . . . . . . . . 0.99. . . . . . . . . . . 28.52 . . . . . . . . . . 0.63
Kotak Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1825.25. . . . . . . . . . . . 0.55. . . . . . . . . . . 20.80 . . . . . . . . . . 2.83
Asian Paints . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2957.85. . . . . . . . . . . . 0.39. . . . . . . . . . . 51.20 . . . . . . . . . . 1.40
HDFC Life . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 576.60. . . . . . . . . . . . 0.39. . . . . . . . . . . 84.20 . . . . . . . . . . 0.64
UPL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 537.70. . . . . . . . . . . . 0.28. . . . . . . . . . . 17.95 . . . . . . . . . . 0.28
SBI Life . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1401.15. . . . . . . . . . . . 0.22. . . . . . . . . . . 76.15 . . . . . . . . . . 0.66
BPCL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 502.35. . . . . . . . . . ­0.40. . . . . . . . . . . . . 3.77 . . . . . . . . . . 0.50
TataConsumerProduct . . . . . . . . . . . . .. . . 1118.00. . . . . . . . . . ­0.70. . . . . . . . . . . 78.58 . . . . . . . . . . 0.74
Titan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3697.55. . . . . . . . . . ­3.64. . . . . . . . . . . 98.84 . . . . . . . . . . 1.62
L&T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3479.75. . . . . . . . ­41.51. . . . . . . . . . . 33.08 . . . . . . . . . . 4.33

Pts: Impact on index movement

₹1462 » HDFC Bank
Apeejay Surrendra fixes IPO YES Securities
VODAFONE IDEA (SELL)
1440
S1 S2

1420
R1

1480 1510
R2 COMMENT

Go long only above 1480. Keep

the stop­loss at 1470
Nifty Next 50 Movers
Close(₹) Pts
왖 473.05 pts.
PE Wt(%)

price band in ₹147­155 range

Our Bureau
Mumbai
Apeejay Surrendra Park Ho­
tels has fixed the price band
for its forthcoming initial
public offer at ₹147­155
apiece. The total size of the
issue is ₹920 crore of which
₹600 crore is through a fresh
issue and the remainder
through an offer for sale.
The anchor book will be
open this Friday while the
IPO will be open to the public
for subscription from Febru­
ary 5 to 7. Almost the entire
proceeds of the issue will be
used to pay down debt leav­
ing the company free on take
on leverage for its expansion
plans if required.
EXPANDING PORTFOLIO
The hotel operator has plans
to nearly double its hotels
portfolio over the next 4­5
years, while it will also be ex­
panding its confectionery
Vijay Dewan, MD,
Apeejay Surrendra Park Hotels
It currently has 30 hotels
that it operates under differ­
ent brands and price brackets
— The Park, The Park Collec­
tion, Zone by the Park, Zone
Connect and Stop by Zone. It
has a total portfolio of 21
properties in the pipeline for
growth and expansion rep­
resenting 1,855 keys.
Of this three are leased
and licenced hotels and 15
are managed hotels.
It is expanding two exist­
ing hotels in Visakhapatnam
oping a land bank in Pune to
develop a 380­room hotel.
There are land banks in
Jaipur and Kolkata where ho­
tels and serviced apartments
will be coming up.
The revenue and margins
of the company will be driven
by its high­end The Park
brand while in terms of
volume the more affordable
“Stop by the Zone’’ will be
driving expansion, said
Chairperson Priya Paul.
The company has no prop­
erty at present in Mumbai
city but it is keeping an eye
out for opportunities, said
Managing Director Vijay
Dewan.
The hotels in its portfolio
have a high occupancy of
over 93 per cent, contributed
by corporate travel. Dewan
said that business cum leis­
ure travel, a new segment,
was gaining traction.
Apeejay Surrendra Park
Hotels reported a net profit
of ₹23 crore in the first half of
FY24 on revenue of ₹264.4
Bank Of Baroda . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 247.60. . . . . . . . . . 62.75. . . . . . . . . . . . . 6.90 . . . . . . . . . . 2.77
Punjab Natl Bank . . . . . . . . . . . . . . . . . . . . . .. . . . . 114.40. . . . . . . . . . 50.84. . . . . . . . . . . 16.42 . . . . . . . . . . 2.04
Target: ₹10 Srf . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2325.10. . . . . . . . . . 49.56. . . . . . . . . . . 39.76 . . . . . . . . . . 2.03
CMP: ₹14.36 ₹1662 » Infosys Tata Power . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 389.75. . . . . . . . . . 36.55. . . . . . . . . . . 30.01 . . . . . . . . . . 3.96
Info Edge I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 5031.65. . . . . . . . . . 35.82. . . . . . . . . . . . . 0.00 . . . . . . . . . . 2.35
Vodafone Idea (Idea) reported inline performance S1 S2 R1 R2 COMMENT Colgate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2569.10. . . . . . . . . . 34.79. . . . . . . . . . . 55.45 . . . . . . . . . . 2.06
for the quarter. Both, sequential revenue growth Tvs Motor Cmp . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2001.35. . . . . . . . . . 33.82. . . . . . . . . . . 55.84 . . . . . . . . . . 2.80
1645 1630 1680 1700 Wait for dips. Go long at 1650. Vedanta . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 273.85. . . . . . . . . . 33.77. . . . . . . . . . . 12.13 . . . . . . . . . . 2.20
and EBITDA margin were as per expectation. It Keep the stop­loss at 1635 Dlf . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 802.60. . . . . . . . . . 33.55. . . . . . . . . . . 83.71 . . . . . . . . . . 3.10
reported sequential decline in revenue of 0.4 per Piindustries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3372.65. . . . . . . . . . 28.53. . . . . . . . . . . 34.21 . . . . . . . . . . 1.63
cent q­o­q, however, ARPU increased by 2 per cent Trent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3086.95. . . . . . . . . . 23.42. . . . . . . . . 184.57 . . . . . . . . . . 4.09
₹441 » ITC Avenuesuper . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3792.70. . . . . . . . . . 21.79. . . . . . . . . 101.46 . . . . . . . . . . 1.42
q­o­q to ₹ 145/month; while, subscriber base Shree Cement . . . . . . . . . . . . . . . . . . . . . . . . . . .. 28556.25. . . . . . . . . . 21.21. . . . . . . . . . . 56.44 . . . . . . . . . . 2.29
declined by 4.6 million q­o­q to 215.2 million. S1 S2 R1 R2 COMMENT Varun Beverages . . . . . . . . . . . . . . . . . . . . . .. . . 1280.40. . . . . . . . . . 19.39. . . . . . . . . . . 81.56 . . . . . . . . . . 1.54
4G addition was better than expected for the 438 434 444 448 Go short on a rise at 443.
Torrent Pharma . . . . . . . . . . . . . . . . . . . . . . . .. . . 2531.10. . . . . . . . . . 17.58. . . . . . . . . . . 64.22 . . . . . . . . . . 1.39
Zomato .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 139.55. . . . . . . . . . 17.25. . . . . . . . . . . . . 0.00 . . . . . . . . . . 1.85
quarter at 0.9mn QoQ. There was sequential Stop­loss can be kept at 445 Intglobeavi . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2961.35. . . . . . . . . . 15.34. . . . . . . . . . . 20.33 . . . . . . . . . . 2.54
improvement in EBITDA margin (up 80 bps QoQ)
Jindal Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 757.15. . . . . . . . . . 13.35. . . . . . . . . . . 19.00 . . . . . . . . . . 1.67
Irctc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 977.20. . . . . . . . . . 13.27. . . . . . . . . . . 73.67 . . . . . . . . . . 1.78
led by decrease in roaming cost. ₹252 » ONGC Shriram Finance . . . . . . . . . . . . . . . . . . . . . . .. . . 2466.80. . . . . . . . . . 12.78. . . . . . . . . . . 13.90 . . . . . . . . . . 4.12
Net debt increased to ₹2.15 trillion in Q3FY24 vs S1 S2 R1 R2 COMMENT
Canara Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 482.00. . . . . . . . . . 10.36. . . . . . . . . . . . . 5.92 . . . . . . . . . . 1.94
I­Prulife . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 503.25. . . . . . . . . . . . 9.88. . . . . . . . . . . 79.91 . . . . . . . . . . 1.18
₹2.13 trillion as of Q2FY24. It continues to lose United Spirits . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1089.75. . . . . . . . . . . . 9.03. . . . . . . . . . . 62.46 . . . . . . . . . . 1.90
250 247 256 260 Wait for a rise. Go short at 255. Marico . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 527.85. . . . . . . . . . . . 8.08. . . . . . . . . . . 45.93 . . . . . . . . . . 1.64
subscribers (mainly in 2G segment) and that
Keep the stop­loss at 257 Dabur India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 539.60. . . . . . . . . . . . 7.09. . . . . . . . . . . 55.17 . . . . . . . . . . 1.89
adversely impacts revenue growth. The addition of Bajaj Holdings. . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 8366.30. . . . . . . . . . . . 6.87. . . . . . . . . . . 16.50 . . . . . . . . . . 0.91
4G subscribers remains modest. It needs capital Lic. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 949.75. . . . . . . . . . . . 5.89. . . . . . . . . . . 15.32 . . . . . . . . . . 0.60
₹2853 » Reliance Ind. Gail (India) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 172.60. . . . . . . . . . . . 5.37. . . . . . . . . . . 14.06 . . . . . . . . . . 2.79
infusion for augmenting the capital expenditure to Zyduslifesciences. . . . . . . . . . . . . . . . . . . . . .. . . . . 760.80. . . . . . . . . . . . 4.12. . . . . . . . . . . 26.28 . . . . . . . . . . 1.16
catch up with peers in terms of 4G S1 S2 R1 R2 COMMENT Berger Paints I. . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 565.15. . . . . . . . . . . . 3.11. . . . . . . . . . . 63.70 . . . . . . . . . . 0.95
Sbicards&Pay . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 715.35. . . . . . . . . . . . 2.74. . . . . . . . . . . 29.04 . . . . . . . . . . 1.27
coverage/capacity. It has still not announced any 2835 2810 2870 2905 Go short only below 2835. Keep Muthootfin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1394.95. . . . . . . . . . . . 1.84. . . . . . . . . . . 13.72 . . . . . . . . . . 0.91
timeline with regard to 5G implementation. the stop­loss at 2845 Proc & Gam . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 17245.15. . . . . . . . . . . . 1.26. . . . . . . . . . . 76.22 . . . . . . . . . . 0.41
We expect that 2G to 4G migration would continue
Adani Wilmar .. . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 355.45. . . . . . . . . . ­0.36. . . . . . . . . 355.03 . . . . . . . . . . 0.14
Havells . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1294.40. . . . . . . . . . ­0.58. . . . . . . . . . . 68.62 . . . . . . . . . . 1.95
to drive ARPU growth. We expect EBITDA Margin ₹641 » SBI Siemens . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 4140.40. . . . . . . . . . ­0.93. . . . . . . . . . . 75.16 . . . . . . . . . . 2.21
to improve in near term led by continued focus on S1 S2 R1 R2 COMMENT
Adani Energy Solutions .. . . . . . . . . . .. . . 1067.85. . . . . . . . . . ­2.02. . . . . . . . . . . 95.00 . . . . . . . . . . 0.80
Icici Lombard Gic . . . . . . . . . . . . . . . . . . . . . .. . . 1497.10. . . . . . . . . . ­2.21. . . . . . . . . . . 41.94 . . . . . . . . . . 2.30
operational efficiency. We estimate revenue CAGR Adanigreenenergy . . . . . . . . . . . . . . . . . . . .. . . 1669.45. . . . . . . . . . ­5.03. . . . . . . . . 181.50 . . . . . . . . . . 1.52
638 635 645 648 Go long now and also at 639. Keep Adani Total Gas . . . . . . . . . . . . . . . . . . . . . . . .. . . 1012.35. . . . . . . . . . ­6.00. . . . . . . . . 194.99 . . . . . . . . . . 0.70
of 3.6 per cent over FY23­26 with average EBITDA Samvardmothersoninternatl . . .. . . . . 113.25. . . . . . . . . . ­7.88. . . . . . . . . . . 35.83 . . . . . . . . . . 1.61
the stop­loss at 637
margin of 41.8%. We maintain our Sell rating on the Hindustanaeronautics . . . . . . . . . . . . . .. . . 2999.40. . . . . . . . . . ­8.18. . . . . . . . . . . 33.23 . . . . . . . . . . 3.37
stock with target price of ₹10/share based on Bosch . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 23568.15. . . . . . . . . . ­8.73. . . . . . . . . . . 32.68 . . . . . . . . . . 1.21
₹3815 » TCS Indian Oilcorp . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 146.95. . . . . . . . . . ­9.14. . . . . . . . . . . . . 4.28 . . . . . . . . . . 3.24
EV/EBITDA of 13.1x on FY26E. Godrej Consumer. . . . . . . . . . . . . . . . . . . . . .. . . 1164.20. . . . . . . . . . ­9.55. . . . . . . . . . . 68.04 . . . . . . . . . . 2.65
S1 S2 R1 R2 COMMENT Abb India. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 4671.60. . . . . . . . ­10.23. . . . . . . . . 242.71 . . . . . . . . . . 1.49
Pidilitind . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2533.05. . . . . . . . ­17.56. . . . . . . . . . . 74.51 . . . . . . . . . . 2.32
3790 3765 3835 3865 Can go either way from here. Bharat Elec. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 185.90. . . . . . . . ­23.79. . . . . . . . . . . 38.06 . . . . . . . . . . 4.00
businessline is not responsible for the recommendations Ambuja Cements . . . . . . . . . . . . . . . . . . . . . .. . . . . 560.30. . . . . . . . ­25.74. . . . . . . . . . . 32.98 . . . . . . . . . . 2.47
Avoid trading this stock for now
sourced from third party brokerages. Reports may be sent Cholamandalamin&Fin . . . . . . . . . . . .. . . 1184.15. . . . . . . . ­40.02. . . . . . . . . . . 30.97 . . . . . . . . . . 2.87

chain “Flurys’’. and Navi Mumbai and devel­ crore. to: blmarketwatch@gmail.com S1, S2: Support 1 & 2; R1, R2: Resistance 1 & 2. Pts: Impact on index movement

CM
YK ... . . . . . . HY­HYE
 news . bl . 9
HYDERABAD

businessline.
THURSDAY ­ FEBRUARY 1 ­ 2024

QUICKLY.
Jindal Steel Q3 net up
272% at ₹1,982 crore
New Delhi: Naveen Jindal–led
Jindal Steel and Power Ltd
(JSPL) reported a 272 per cent
increase in consolidated net
profit at ₹1,982 crore for the
quarter­ended December 31,
2023. The net profit in the
year­ago­period was ₹518
crore. On a standalone basis,
the steel­maker declared PAT
of ₹1,484 crore, against a net
loss of ₹4,512 crore in the
year­ago­period. OUR BUREAU
Infosys, Musgrave pact
for IT transformation
Bengaluru: Infosys has
announced that it has signed a
seven­year strategic
collaboration with Musgrave,
Ireland’s leading food retail,
f098efd8-cc7f-4a06-b5f8-605fc051f204
Sony, Zee clashed over Russia assets,
cricket rights before deal collapse
COMPLIANCE MATTERS. Disagreement over more than 20 issues led to scrapping of merger
Reuters
New Delhi
Sony and Zee disagreed over
more than 20 compliance is­
sues, including the Indian
firm's failure to dispose of
some Russian assets and its
$1.4 billion Disney cricket
rights deal, before their India
merger was scrapped, accord­
ing to internal emails reviewed
by Reuters.
The communications
between Sony's legal and M&A
executives in India and Los
Angeles with top Zee execut­
ives provide undisclosed de­
tails on the high­stakes back­
room tussle that preceded the
Japanese firm's January 22 de­
cision to pull the plug on the
$10 billion merger.
Emails exchanged between
December 20 and January 9
show executives from both
companies accusing each other
of not honouring the merger
ON THE BLINK. Zee shares have fallen 27 per cent since the
merger was called off BLOOMBERG
works for two years, would
have created an Indian TV jug­
gernaut with more than 90
channels across sports, enter­
tainment and news that would
have competed with the likes of
Walt Disney and billionaire
Mukesh Ambani's Reliance.
The collapse of the deal is a
bigger setback for Zee, one of
India's best known TV net­
works that started in 1992 but
has seen its business struggle
over the years. Its shares have
dealings with entities based in
countries under US sanctions.
Russia is under Western sanc­
tions for the Ukraine war.
In a January 5 email, Erik
Moreno, executive vice presid­
ent for corporate development
and M&A at Sony Pictures En­
tertainment said Zee had not
ended ties with the Russian en­
tities even though it was “abso­
lutely critical”, and the merged
entity “would under no cir­
cumstances inherit the Russian
Renewable capacity to surpass coal in China
generation capacity by the cial target of 1,200 GW by
Reuters
Beijing
end of 2024, compared
with coal's expected 37 per
cent.
2030.
The CEC also said that
generating capacity from
China's installed wind and By comparison, wind all non­fossil fuel sources
solar capacity is expected and solar together were – including nuclear and hy­
to overtake coal for the around 36 per cent of ca­ dro – made up more than
ness of those entities “was shut first time this year, accord­ pacity at the end of 2023, half of the total for the
down in December 2022”, ing to industry forecasts. and coal was just under 40 first time in 2023.
emails showed. The China Electricity per cent. The CEC sees electricity
Council (CEC), an in­ China will have built consumption growing by 6
CRICKET RIGHTS dustry association, fore­ around 1,300 gigawatts per cent this year, down
Reuters on Monday reported cast in a yearly report on (GW) of wind and solar just slightly from 2023’s
Sony's confidential termina­ Tuesday that grid­connec­ capacity by the end of 6.7 per cent growth rate,
tion notice which showed it ac­ ted wind and solar would 2024, the CEC expects, when demand was recov­
cused Zee of also not meeting make up around 40 per meaning it will have ering from a low base fol­
certain financial terms includ­ cent of installed power already exceeded its offi­ lowing the pandemic.
ing required cash reserves. Zee
denies those allegations.
The emails show another
key sticking point was Zee's
2022 decision to enter into a
$1.4 billion deal with Disney to
purchase certain TV cricket
rights for India.
Sony said Zee had decided to
furnish a bank guarantee and a
deposit totaling $406 million
for that deal. And Zee's bid to
take debt for the deal, which
was “without prior written
consent” of Sony, took the In­
dian firm's total debt to more
than $451 million ­ above the
merger agreement threshold.
In response, Zee legal exec­

wholesale and foodservice
company.As part of this
collaboration, Infosys will help
automate Musgrave’s operations
by leveraging leading AI and
Cloud offerings – Infosys Topaz,
Infosys Cobalt –to accelerate
their cloud journey. OUR BUREAU
commitments. Zee executives
repeatedly said that there was
nothing out of line, and asked
Sony to extend the closure
deadline.
SETBACK FOR ZEE
The Zee­Sony merger, in the
fallen 27 per cent since the
merger was called off.
Emails show there was a
face­off between Sony and Zee
about four Russian subsidiaries
that dealt in content creation
and distribution, as the merger
agreement had stipulated no
entities”.
Zee's counsel Venkatach­
alam responded by saying the
divestment process had not
been completed due to chan­
ging regulations in Russia and
alternate structures were being
explored, even though the busi­
f098efd8-cc7f-4a06-b5f8-605fc051f204
utive said that Sony's allega­
tions were raised too late, and
were “reprehensible and un­
fortunate”. The cricket deal vi­
olated no merger conditions as
the two sides wanted to en­
courage Zee’s expansion into
sports, it argued in the emails.

ITC’s new playbook to raise
market share in noodles
Mithun Dasgupta
Kolkata
Diversified conglomerate ITC
feels there is a “further scope”
to enhance the market share of
its noodles segment under YiP­
Pee! brand in the North, where
it is “relatively smaller” in large
regions.
YiPPee! is No. 2 brand in
noodles on a pan­India basis.
The conglomerate’s Foods
business will keep focussing on
to grow in geographies where
there is still scope to increase
market shares. Nestle India’s
Maggi is the market leader in
the Noodles segment.
Chand said the company’s
key focus area is “product aug­
mentation” to increase the
market share further in
Noodles. “Over the years we
have done a very strong entry
into this category. We have
come up with a completely dif­
ferent proposition and we
stand for long non­sticky
noodles and there are veggies
also that we have provided in
the product. And it has given us
extremely good results over
the years.
STRATEGIC PARTNERSHIP
He was speaking on the side­
lines of an event where ITC’s
“Sunfeast YiPPee!” and
“Bingo!” announced strategic
partnership with the Argentine
Football Association (AFA) as
its official regional sponsor.
Bingo! is No. 1 in the Bridges
segment of Snack Foods.
Bingo! earlier had collabora­
tions with Kerala Blasters
Max Healthcare PAT up 26% at ₹338 crore
Our Bureau
New Delhi
crore, up 14 per cent y­o­y.
Network EBITDA was ₹471
Apart from the listed entity,
Max Healthcare Institute Ltd,
crore, up 12 per cent y­o­y; the numbers include results of
Max Healthcare, the Delhi­ while EBITDA per bed im­ its subsidiaries, managed hos­
based hospital chain, reported proved to ₹75.6 lakh (from pitals and partner healthcare
a 26 per cent increase in profit ₹66.9 lakh) in the year­ago­ facilities.
after tax to ₹338 crore for the period. Bed occupancy was 73 Three hospitals – Max Smart
quarter­ended December 31, per cent, lower by one per cent Super Speciality Hospital, Max
2023. The healthcare major y­o­y. Saket Super Speciality Hospital
had reported a net profit of Cash flow from operations (East wing) and Max Balaji
₹269 crore in the stood at ₹226 crore. Of this, Hospital (Max Hospital, Pat­
year­ago­period. ₹137 crore was spent towards parganj) – are partner health­
Suresh Chand, VP & Head of Gross revenue for the period expansion projects, the com­ care facilities, and hence, not
Marketing, Snacks, Noodles & under review stood at ₹1779 pany said in a statement. part of the listed entity.
Pasta, ITC Foods, at an event
in Kolkata on Wednesday
DEBASISH BHADURI
Football Club and East Bengal
FC.
According to Chand, at the
industry level Noodles and
Snacks are fairly large categor­
ies. “Because there is a lot of
play by local and regional play­
ers also, these growths (for the
company) need to now be fur­
ther enhanced. And that is
where these partnerships and
your products would be im­
portant going forward,” he
pointed out.
As a part of the partnership
with Argentine Football Asso­
ciation (AFA), respective
brands have unveiled packs
featuring star players like Li­
onel Messi, Ángel Di María, Ju­
lián Álvarez and Emiliano
Martínez.
Notably, the conglomerate’s
non­cigarette FMCG business
registered a 7.59 per cent year­
on­year growth in its revenue
to ₹5,209.05 crore during third
quarter this fiscal, while the
segment posted a 24 per cent y­
o­y growth in operating profit
at ₹431.82 crore during the
period.

India uniquely positioned to

enable AI adoption, says
Microsoft’s Ahmed Mazhari
Our Bureau
Mumbai
Ahmed Mazhari Presid­
ent, Microsoft Asia, be­
lieves that developments
around Artificial Intelli­
gence (AI) is the the
biggest and most innov­
ative developments that
tech has experienced
over several decades and
India is well positioned to
enable its adoption.
“The pace of diffusion
of this technology is un­
precedented and we are
confident that AI will
touch every facet of our
lives in 2024. Tech ser­
vices companies are
doubling down and in­
tensifying their focus on
building new capabilities
and skills to serve cus­
tomers’ needs in generat­
ive AI.
“We are excited that,
today, one in four AI pro­
jects on GitHub comes
from India and, by 2026,
India will have eclipsed
CM
YK
the US. India is very
uniquely positioned to
enable the adoption of AI
at scale at home and in in­
ternational markets,”
Mazhari said at the Mi­
crosoft AI Tour in Mum­
bai today.
DYNAMIC LANDSCAPE
Much of India’s dynamic
landscape is being
shaped by sector­ag­
nostic adoption of the in­
telligent cloud and AI, to­
gether creating a new
class of distributed, con­
nected applications and
breakthrough business
outcomes. According to a
recent report commis­
sioned by Microsoft, for
every USD that a com­
pany invests in AI, it real­
izes an average return of
USD 3.50. Infusing AI
into every layer of the
tech stack is delivering
real productivity gains
for organizations, ampli­
fying human ingenuity,
and reducing digital debt,
according to Microsoft.
... . . . . . . HY­HYE
 10 . bl . commodities.agri.business
QUICKLY.
Gold set to end
January in red
Gold prices are set to end
January in negative territory,
snapping a three­month gaining
streak, following lowered
expectations of early interest rate
cuts. Spot gold was flat at
$2,037.30 per ounce, while US
gold futures rose 0.3 per cent to
$2,037.30. Gold has declined 1.2
per cent so far this month after
surging to a record high in
December. REUTERS
Cocoa at record high,
robusta also up
London: London cocoa futures
on ICE rose to a record high
with stocks tightening
following poor crop in West
Africa. March London cocoa
was up 1.1 per cent at a record
high of £3,909. March New
f098efd8-cc7f-4a06-b5f8-605fc051f204
York cocoa rose 1.2 per cent to
$4,861 a tonne. March robusta
coffee rose 0.3 per cent to
$3,346 on tight stocks in
Europe. REUTERS
China manufacturing
weighs on copper
London: Copper prices held
steady but came under
pressure from data showing
contraction in manufacturing
activity in China and a stronger
dollar. Three­month copper on
the LME earlier touched a
one­month high of $8,652 a
tonne after data from the
exchange showed another
drop in inventories. REUTERS
Go short now on zinc
Akhil Nallamuthu
bl. research bureau
Zinc futures (February con­
tract) on the Multi Com­
modity Exchange (MCX)
rebounded sharply on the
back of the support at
₹220.
While it made a high of
₹230.25, the contract mod­
erated, and it closed at
₹227.65 on Tuesday.
COMMODITY
CALL.
The contract is facing a
barrier between ₹228 and
₹230. Also, zinc futures is
now trading around the 50­
day moving average.
For the trend to turn
bullish, the resistance at
₹230 should be invalidated.
But as it stands, the
chances of a breakout is
less. Zinc futures could de­
cline from the current level
of ₹227 towards ₹220.
Although ₹224 is a minor
support, we anticipate the
Nuziveedu Seeds sowing plans
to double turnover in 4­5 years
KV Kurmanath
Hyderabad
As it celebrates the golden ju­
bilee year, Nuziveedu Seeds
Limited (NSL) is aiming at
doubling its turnover in the next
4­5 years.
The company, which re­
gistered a turnover of ₹1,100
crore in FY23, said the growth
would be led by over 30 different
categories of seeds that it intro­
duced in the last 2­3 years.
The company, among the
top­3 in the cottonseed seg­
ment, has a market share of 15­
16 per cent.
“We used to have over one­
third market share in this seg­
ment till 10­15 years ago. We
would like to bounce back to 30
per cent in the next 2­3 years,” M
Prabhakara Rao, Chairman and
Managing Director of NSL, has
said.
CM
YK
China pips India as top gold consumer
2023 BULLION TRENDS. Domestic demand down 3% despite 64% surge in bar and coin investment
Suresh P. Iyengar
Mumbai
China pipped India as the
top gold consumer of the
world in 2023 with Beijing’s
demand for jewellery rising
by 10 per cent and invest­
ment by 28 per cent.
Releasing Gold Demand
Trends for 2023 and Q4
2023, the World Gold Coun­
cil (WGC), a body of gold
producers, said China was
the main engine of growth.
In contrast, demand for
gold fell in India for jew­
ellery but increased for in­
vestments.
The WGC said demand
for jewellery dropped six per
cent from 2022 to 562.3
tonnes, while for invest­
ment it increased to 185.2
tonnes, up 7 per cent over
173.6 tonnes a year ago.
Overall, gold demand in
2023 was 747.5 tonnes,
down 3 per cent from 774.1
tonnes.
Somasundaram PR, Re­
gional CEO (India), World
Despite volatililty, cotton prices stuck at bottom
Subramani Ra Mancombu
Chennai
Domestic cotton prices are
still stuck at the bottom des­
pite volatile movements
while global cotton prices
have surged to near three­
month highs. Textile in­
dustry players and traders say
they have not seen the mar­
ket fluctuate in such a volatile
manner.
According to Anand Popat,
a Rajkot­based cotton, yarn
and cotton waste trader,
prices moved down on an
hourly basis on Monday with
any change in the fundament­
als. “We are witnessing a
short­term fluctuation with
contract falling to ₹220 in
the short­term. On the
other hand, if zinc futures
break out of ₹230, it will
open the door for a fresh
rally to ₹235, its nearest
resistance. Subsequent res­
istance is at ₹240.
TRADE STRATEGY
As zinc futures is trading
below a resistance, traders
can short the contract now
at ₹227.
Add shorts if the price
inches up to ₹229. Place
stop­loss at ₹232.
When the contract de­
clines below ₹224, tighten
the stop­loss to ₹227.
Liquidate the shorts at
₹220.
M Prabhakar Rao, Chairman,
NSL Group
The company has 13 pro­
cessing facilities and 29 cold
storages and warehouses in 10
States, with over 500 employees
working with one lakh seed­
growing farmers.
The company is serving over
50 lakh farmers in 18 States, P
Satish Kumar, Executive Dir­
ector of NSL, said.
He said the company has
spent about 5 per cent of its rev­
Gold Council, said bar and
coin investment in India
surged 64 per cent year­on­
year and surpassed the five­
year average to 67 tonnes in
the December quarter.
CENTRAL BANK BUYS
On the other hand, China’s
gold demand was up 16 per
cent to 959 tonnes (824
tonnes in 2022) toppling In­
dia as the largest gold con­
sumer with their jewellery
demand increasing 10 per
cent to 630 tonne (571
tonnes).
Unlike India, China is also
one of the largest gold pro­
prices going up quickly and
then taking a sharp u­turn,”
said an industry insider, who
did not wish to be identified.
On Tuesday, prices of
Shankar­6, the benchmark
for exports, declined to
₹55,150 per candy of 356 kg.
Prices are the lowest since
January 18, when it ruled at
this level before rising to
₹56,050 on January 25.
OPEN INTEREST UP
On the Inter Continental Ex­
change (ICE), New York, cot­
ton March contracts quoted
at 84.34 US cents a pound
(₹55,450/candy) early on
Tuesday.
The open interest on ICE
has increased to 0.46 million
FCI’s open market wheat sale
exceeds 7.5 million tonnes
Prabhudatta Mishra
New Delhi
With 4.25 lakh tonnes (lt) of
wheat sold in Wednesday’s
auction by the Food Corpora­
tion of India (FCI), the Indian
government has so far sold
75.26 lt since it started selling
wheat to augment open mar­
ket availability from June 28.
Of the 4.5 lt offered in the
weekly auction held on Janu­
ary 31, as much as 4.25 lt were
sold, Food Ministry sources
said. The government has not
increased the offer quantity
during the current auction
which sources said was mainly
due to last minute re­think on
the basis of current weather’s
impact on the wheat crop.
However, it may be reviewed
soon and in case a need is felt,
the quantity will be raised,
ministry sources said.
The average selling price of
wheat was ₹2,255.35/quintal
in FCI’s weekly e­auction on
enues on research and develop­
ment, which resulted in a strong
portfolio of seeds.
JUTE ALTERNATIVE
He said the company has been
working on a jute variety that can
be used to develop products as
an effective alternative to single­
use plastic which emerged as a
menace to environment.
The NSL chairman said the
company has also developed
new varieties in paddy (basmati
and fine grain), which promise
to improve yields significantly.
“The Indian seed industry is
among the fastest growing in the
world. While the global seed in­
dustry is growing at 5­6 per cent,
the ₹20,000­crore Indian seed
industry is growing at 10 per
cent. We at NSL are aiming to
grow at 19­20 per cent in the
next 3­4 years,” Sharat Khurana,
Chief Commercial Officer of
NSL, said.
ducers. Global demand for
gold in 2023 dropped 5 per
cent to 4,448 tonnes, ex­
cluding over the counter
trade (OTC), compared
with 2022.
Including OTC and stock
flows of 398 tonnes, total
gold demand in 2023 was a
record 4,899 tonnes, the
WGC said.
Central banks’ buying
continued at a break­neck
pace. Net purchases of 1,037
tonnes in 2023 almost
matched the 2022 record.
It was short by 45 tonnes.
Global gold ETFs saw a third
consecutive annual outflow,
US bales (62 lakh Indian bales
of 170 kg each) signalling
some bullishness, according
to traders. “Currently, ar­
rivals exceed demand. They
are about two lakh bales on a
daily basis. Mills are buying
some 1.25 lakh bales, addi­
tionally about 25,000 bales,
Wednesday against ₹2,250.55
in the previous week. It was
₹2,172.94/quintal on Decem­
ber 13.
The government has kept
the reserve price of wheat in
the auction at about ₹2,129/
quintal, which is much below
the economic cost of the grain
— now at ₹2,703.
In the current round, the
average selling price in the
eastern region at ₹2,306/
quintal was more than the
minimum support price of
₹2,275 (for next season),
whereas in other regions
Dal processing tech expo Above­normal temperatures likely
in Indore from tomorrow in February across the country: IMD
Our Bureau
Bengaluru
About 150 companies includ­
ing multinationals from coun­
tries such as Spain, Turkey, Ja­
pan and China among others
will be displaying their grain
processing and packaging
technologies at the expo or­
ganised by the All India Dal
Mills Association in Indore
from February 2 to 4.
Sortex, grading, packaging
and processing machineries,
storage equipment and silos
among others will be on dis­
play at the three day event, said
Suresh Agrawal, President, All
India Dal Mills Association.
Agarwal said the dal milling
industry is largely concen­
trated in Central India mainly
around Indore and Katni in
Madhya Pradesh, in parts of
Maharashtra such as Akola and
Nagpur and Kolhapur, Dahod
losing 244 tonnes. Global
annual bar and coin invest­
ment saw a mild contraction
(­3 per cent year­on­year) as
divergent trends in key
Western and Eastern mar­
kets offset one another.
Annual jewellery con­
sumption held steady at
2,093 tonnes, even in the
high gold price environ­
ment.
However, recycling didn’t
respond to higher prices as
much as the WGC expected.
While recycling in China re­
sponded to both higher
prices and a weakening eco­
nomic environment, a de­
pletion of near­market
stocks in India countered
the price impact, particu­
larly at the end of the year.
In view of the 2023 exper­
ience, the WGC said it ex­
while the Cotton Corpora­
tion of India (CCI) 25,000
bales and multinational com­
panies (MNCs) 15,000­
25,000 bales,” said Popat.
MNCs are providing sup­
port to the cotton market
with their purchases making
up 40 per cent of the arrivals,
said an industry insider.
LAST YEAR STOCKS
“Their purchases are provid­
ing liquidity in the market.
They seem to be hedging by
selling on ICE and buying
here,” said Ramanuj Das
Boob, a sourcing agent from
Raichur, Karnataka.
He said the Indian cotton
crop was good and spinning
mills were buying, though
prices were between ₹2,158
and ₹2,260. Traders said as
MSP is known the market
rates tend to move towards
that benchmark rates when
crop is about to be harvested
in less than two months.
HIGHEST BID
Both in Bihar and West
Bengal, the highest bidding
price was ₹2,550/quintal, in
Uttar Pradesh it was ₹2,560, in
Maharashtra ₹2,495, in Mad­
hya Pradesh ₹2,480, in Gujarat
₹2,600 and in Karnataka
₹2,750/quintal.
“In order to increase the
availability of wheat and rice
in the open market and to con­
trol the prices of wheat and
rice, the Government of India
has been offloading wheat and
rice in the market through
weekly e­auction from June
28, 2023. A total of 101.5 lt of
wheat and 25 lt of rice has
been allocated for offloading
under Open Market Sale
Scheme,” the ministry said.
in Gujarat and around Kanpur
in Uttar Pradesh among oth­
ers. “While new processing
units are coming up, the exist­
ing facilities are also upgrading
their machinery and other
equipment to make their oper­
ations more efficient. The expo
will showcase the latest milling
equipment range and techno­
logies for the sector, ” Agarwal
said.
India is the largest producer
and consumer of pulses. The
country is also the biggest im­
porter of pulses such as lentils
and pigeon pea among others.
pects prices to have only a
moderate impact on recyc­
ling in 2024, so long as they
don’t rise too far.
The WGC said despite
weak demand, India’s gold
imports increased 20 per
cent to 781 tonnes (651
tonnes) raising govern­
ment’s concern on current
account deficit. Gold recyc­
ling was also up 20 per cent
at 117 tonnes (98 tonnes).
Q4 DEMAND 4% DOWN
Gold demand in the Decem­
ber quarter was down four
per cent at 266 tonnes
against 276 tonnes logged in
the same period last year,
largely due to sharp spike in
prices.
In terms of value, it was
up 15 per cent to ₹2.50­lakh
crore (₹2.17­lakh crore) as
the yellow metal rallied on
back of global uncertainties.
In India, jewellery de­
mand was down nine per
cent at 200 tonnes (220
tonnes) valued at ₹1.87­lakh
crore (₹1.73­lakh crore), up
eight per cent.
slowly. “Arrivals have been
higher and they could be 170­
175 lakh bales by January end
and they are likely to be good
in February too. Prices may
rise once the arrivals drop to
a trickle,” he said.
But Prabhu Dhamodharan,
Convenor, Indian Texpren­
eurs Federation (ITF), said,
“In this volatile environ­
ment, textile markets are be­
having with short­term
swings, both upside and
downside. This leads to mills
taking very careful and calib­
rated steps in cotton buying
decisions.”
Mills are buying cotton
based only on their “own yarn
and fabric order visibility,” he
said.
Aquaconnect
raises $4 m in
pre­series B funding
Our Bureau
Chennai
Aquaconnect, a full­stack
aquaculture platform, has raised
$4 million (₹33 crore) through
pre­Series B funding, led by US­
based S2G Ventures, to expand
its operations and activities.
Aquaconnect will utilise the
funds to enhance its coverage of
major aquaculture production
States in India. The company re­
cently expanded its footprint in
West Bengal, Uttar Pradesh, and
Assam. It achieved 4x revenue
growth in the last fiscal year.
Rajamanohar
Somasundaram, Founder &
CEO of Aquaconnect, said in a
statement: “The investment
from S2G reinforces our mission
of transforming the Indian
aquaculture landscape through
a phygital approach. The funds
come at a critical juncture as we
gear up for our next phase of
growth to capture new oppor­
tunities, with an intense focus on
expanding our operations in ma­
jor markets.
Press Trust of India
New Delhi
After experiencing a drier­
than­usual December and
January, north India is expec­
ted to see normal to above­
normal rainfall in February, ac­
cording to the India Meteoro­
logical Department (IMD).
Addressing a press confer­
ence on Wednesday, IMD Dir­
ector General Mrutyunjay Mo­
hapatra said India may
cumulatively experience
above­normal rainfall in
February.
North­West India recorded
just 3.1 mm of rainfall in Janu­
ary, the second lowest since
1901, the IMD reported.
North India, consisting of
seven meteorological subdivi­
sions, is most likely to receive
above­normal rainfall (more
than 122 per cent of the long
period average) in February.
Sugar mills body second
estimate pegs output
at 33 mt, down 10%
Our Bureau
New Delhi
India’s sugar production
(including the quantity di­
verted for ethanol) is estim­
ated to decline 10 per cent
to 33.05 million tonnes
(mt) in the current season
that began from October 1,
2023 from 36.62 mt in the
previous season.
It is mainly due to likely
drop in output in Maha­
rashtra and Karnataka, ac­
cording to industry body
Indian Sugar Mills’ Associ­
ation (ISMA).
Releasing the second ad­
vance estimates of sugar
production for the 2023­24
season, ISMA said the gross
production in Maharashtra
is estimated to fall to 9.99
mt from 11.85 mt and in
Karnataka to 4.97 mt from
6.58 mt.
However, mills in Uttar
Pradesh are likely to pro­
duce 11.99 mt (11.89 mt), it
said.
BALANCE SHEET
As the government has so
far allowed sugar diversion
of only 1.7 mt for produc­
tion of ethanol from sugar­
cane juice/B­heavy molasses
for 2023­24, the net sugar
production could be around
31.35 mt, ISMA said in a
statement.
However, mills are hope­
ful of some more quantity
to be allowed by the Gov­
ernment due to comfort­
able stock position.
Considering an opening
stock of about 5.6 mt as on
October 1, 2023, domestic
consumption of 28.5 mt and
net production of 31.35 mt,
“the closing stocks would
be comfortable at around
8.45 mt as on September 30,
2024”, it said.
“We believe that the gov­
ernment may now easily al­
low around 1.8 mt of addi­
Walmart Foundation
awards 3 grants worth
$3 million in Maharashtra
Our Bureau
Bengaluru
The Walmart Foundation an­
nounced three new grants
totalling over $3 million with
BAIF Development Research
Foundation, Watershed Or­
ganisation Trust (WOTR)
and Collective Good Found­
ation (CGF).
These grants aim to em­
power smallholder farmers
through sustainable agricul­
ture practices in
Maharashtra.
The initiatives focus on
climate­resilient farming,
bolstering livelihoods
through enhanced value
chains and promoting wo­
men’s active participation in
agriculture in Maharashtra.
GENDER, CLIMATE
The BAIF Development Re­
search Foundation received
a grant of $1,560,535 for im­
The rainfall
during these
months is
extremely crucial
for rabi crops and
water management
in the region
“Monthly rainfall over the
country as a whole during Feb­
ruary is most likely to be above
normal (more than 119 per
cent of the long period aver­
age),” Mohapatra said.
Based on data from 1971­
2020, the long period average
(LPA) of rainfall over north In­
dia and the country as a whole
in February is 65 mm and 22.7
mm, respectively.
RABI CROPS
North India receives about 18
per cent of its annual rainfall
between January 1 and March
HYDERABAD
businessline.
THURSDAY ­ FEBRUARY 1 ­ 2024
tional sugar diversion for
production of ethanol in
the current ESY (Ethanol
Supply Year). Even then,
closing stock will be suffi­
cient enough to cater
around three months into
the next season,” ISMA
said.
It also said 18.72 mt of
sugar has been produced
during the October­January
period compared with 19.5
mt in the corresponding
period of the previous year.
CO­OP MILLS
f098efd8-cc7f-4a06-b5f8-605fc051f204
Releasing the update, the
National Federation of Co­
operative Sugar Factories
(NFCSF) on Wednesday
said that at the end of Janu­
ary, a total of 192.8 mt of
sugarcane was crushed
across the country, of which
18.7 mt of sugar was pro­
duced with an average re­
covery of 9.71 per cent
NFCSF President
Jaiprakash Dandegaonkar
said in a statement that
mills in Maharashtra have
crushed 67.6 mt of sugar­
cane with an average recov­
ery of 9.60 per cent and pro­
duced 6.5 mt of sugar.
But, Uttar Pradesh has
reported crushing of 57.4
mt of cane and 5.77 mt of
sugar production with an
average recovery of 10.5 per
cent.
Mills in Karnataka have
crushed 37.7 mt of sugar­
cane and produced 3.7 mt
of sugar with an average re­
covery of 9.75 per cent.
proving livelihoods and
gender integration through
value chain initiatives in tri­
bal regions. Targeting three
districts — Palghar, Nasik
and Jalgaon — the project
aims to impact 14,700 farm­
ers and the focus is on en­
hancing yield for existing
crops, cultivating high­value
vegetables and flowers, and
improving livestock breed
management.
The effort includes train­
ing and exposure pro­
grammes for FPOs and pro­
jects an involvement of 40
per cent women farmers.
Also the Walmart’s
Foundation’s grant of
$1,242,650 to WOTR for
Project RISE strives to estab­
lish resilient incomes for
smallholder farmers.
Encompassing three dis­
tricts — Jalna, Dharashiv and
Solapur — and working with
11 FPOs, this initiative aims
to reach 20,000 farmers.
31. Jammu and Kashmir and
Ladakh, in particular, receive
31 per cent of their annual
rainfall during this period.
The rainfall during these
months is extremely crucial
for rabi crops and water man­
agement in the region. Normal
to above­normal rainfall is
predicted over north­east and
central India. Below­normal
rainfall is likely over south
peninsular India.
Most parts of the country
are likely to witness above­
normal minimum temperat­
ures in February while north­
west, west central, north­east
and parts of east­central India
are likely to see above­normal
maximum temperatures, ac­
cording to the IMD.
Normal to below­normal
maximum temperatures are
likely in most parts of peninsu­
lar India and parts of east­
central India, the Met office
said.
... . . . . . . HY­HYE

HYDERABAD
businessline.
THURSDAY ­ FEBRUARY 1 ­ 2024
WTO mulls putting off decision
on public stockholding till MC14
PACT PROSPECTS. India, other developing nations insist there is still time to reach a pact at MC13 next month­end
Amiti Sen
New Delhi
The WTO is considering
the option of putting off a
decision on a permanent
solution on public stock­
holding (PSH) for food se­
curity, being championed
by India and many develop­
ing countries, till the next
Ministerial Conference
(MC14), probably in 2026,
in case differences between
members don’t get resolved
at MC13 next month.
PERMANENT SOLUTION
“India, together with the
G33 developing countries
group, the African Group
and the ACP Group, how­
ever, are continuing to em­
phasisestandalone out­
comes on PSH and special
f098efd8-cc7f-4a06-b5f8-605fc051f204
safeguard measure at
MC13,” per a Geneva­based
trade official. The MC13 is
scheduled on February 26­
29 in Abu Dhabi.
QUICKLY.
Mankind Pharma Q3 profit
jumps 55% to ₹460 cr
New Delhi: Mankind Pharma said
its consolidated net profit
increased 55 per cent to ₹460
crore for the third quarter
ended December 2023. The
company had posted a net
profit of ₹296 crore in the
October­December quarter of
the last fiscal. Its revenue from
operations rose to ₹2,607 crore
in the period under review from
₹2,091 crore in the year­ago
period, Mankind Pharma said.PTI
Andhra Pradesh Cabinet ratifies ₹22,302 cr
new investments in energy sector
Our Bureau
Hyderabad
Andhra Pradesh Cabinet hasrat­
ified fresh investment proposals
worth ₹22,302 crore in green en­
ergy projects approved by the
State Investment Promotion
Board (SIPB) along with a pro­
posal to provide bank guarantee
for loans worth ₹1,500 crore for
power distribution companies
(Discoms) in the State.
The Cabinet meeting, chaired
by Chief Minister YS Jagan Mo­
han Reddy in Amaravati, also de­
cided to take the Geneva­based
educational organisation IB as a
partner for training the teachers
of government schools and staff
of the education department in
handling IB syllabus that would
be introduced from the aca­
demic year 2025­26.
ED sends fifth summon to
Kejriwal in Delhi excise case
Our Bureau
New Delhi
The Enforcement Direct­
orate (ED) has issued a
fifth summons to Delhi
Chief Minister Arvind
Kejriwal, who has been
evading appearing before
investigators, asking him
to join probe reportedly on
Friday in the excise policy
case.
AAP’s chief national
spokesperson Priyanka
Kakkar confirmed Kejriwal
has received an ED sum­
mons and said the party’s
legal team is going through
it and will decide what to
do as per law.
Previous summons,
however, were illegal, she
added, echoing what Kejri­
wal has been stating in his
defence of not appearing
before the anti­money
laundering agency.
CM
YK
TRADE TALKS. The WTO Committee on Agriculture’s Chair
circulated a draft negotiation text on a possible agreement on
agricultural issues at MC13 which members agreed to recognise
as a basis for further discussion
A permanent solution to cent of the value of
PSH is important to India production.
and many other developing A peace clause agreed to
countries as it would legit­ at the Bali Ministerial Con­
imise higher subsidies for ference of 2013 gives many
stockholding programmes developing countries, in­
such as the MSP, right now cluding India, immunity
subject to a cap of 10 per against legal action from
Ram temple consecration an ‘epochal moment’, says President Murmu
graph which elicited strong ap­
Shishir Sinha plause from the treasury
New Delhi benches was the mention of
the newly consecrated Ram
President Droupadi Murmu Temple in Ayodhya.
on Wednesday described the
construction of Ram temple in ARTICLE 370
Ayodhya as one of the “mile­ There are some junctures in
stones that decide the future the history of civilisation that
of centuries”. She also said shape the future for the com­
that a country can progress at a ing centuries, she said. “There
fast pace only when it defeats have been many such defining
the challenges of the past and moments in the history of In­
puts maximum energy into dia also. This year, on January
building the future. 22, the country witnessed a
Addressing a joint session of similar epochal moment. After
Parliament for the first time in waiting for centuries, Ram
the new building, she read the Lalla has now been enshrined
report card of the last 10 years in his grand temple in Ayod­
of the Modi Government, ran­ hya,” she said.
ging from economic develop­ She said this was a matter of
ment to diplomatic success aspiration and “faith for crores
and strength of armed forces. of our countrymen and the
However, one particular para­ resolution of this has been ac­
February and release ₹5,060.04
crore towards the fourth
tranche of YSR Cheyutha bene­
fiting 26, 98, 931 SC, ST, BC and
minority women of 45­60 years.
The Cabinet has also decided
to appoint Secretaries for all 13,
171 Village Panchayats having
population of more than 500
people.
It has also approved a pro­
posal to issue a bank guarantee
CM YS Jagan Mohan Reddy to APDISCOMS to raise a loan
of ₹1,500 crore for extending
The Cabinet has also decided distribution network, allot
to increase the retirement age of 1,272.7 acres of land to Greenko
non­teaching staff of universit­ Pvt Ltd in Nandyala district for
ies and higher educational insti­ establishing solar power units
tutions to 62 and fill 27 vacan­ and 42 acres for establishing IIT
cies in the Legislature City in Tirupati district.
secretariat. The Cabinet has decided to
reduce VAT on natural gas from
‘GREEN­SIGNAL’ 24.5 per cent to 5 per cent and
It has given green­signal to im­ amend rules of Advocates Wel­
plement the welfare calendar for fare Fund 1987, besides accept­
GRSE, Rolls­Royce ink pact for
The AAP had earlier
production of marine engines
charged that ED was issu­
ing summons to arrest the
Dalip Singh
Delhi Chief Minister ahead
New Delhi
of Lok Sabha elections.
Kejriwal was questioned by As a part of the ‘Make in In­
the CBI, on whose FIR the dia’ initiative, Kolkata­based
ED began a money laun­ PSU Garden Reach Ship­
dering investigation into builders and Engineers
the liqourgate, in April (GRSE) and UK’s Rolls­
2023. Royce have signed a ‘frame
The ED is probing Delhi and individual licence’ agree­
government’s excise policy ment for production of the
for 2021­22 under which li­ MTU IMO Tier II compliant
cences were given to liquor Series 4000 marine engines
traders that lead to car­ to power government ships.
telisation and favoured The move will help the
certain businessmen who state­owned shipyard in mak­
allegedly paid bribes in lieu ing fast patrol vessels, inter­
of benefits they got. ceptor boats and fast attack
The BJP, however, de­ craft projects of the Indian
manded that Kejriwal hold­ Navy and the Indian Coast
ing a constitutional post Guard, the GRSE said in a
should respond to sum­ statement on Wednesday.
mon from the ED. Under this agreement
“Our advice to Kejriwal inked on Tuesday, the IMO
is that he should appear for Tier II engines, which con­
questioning before the form to stipulated emission
ED,” Delhi BJP president standards set by United Na­
Virendra Sachdeva said. tions’ International Maritime
other members in case the
PSH subsidies exceed the
limit. But it is riddled with
many conditions and devel­
oping nations want the le­
gitimacy to be built into the
WTO Agreement on
Agriculture.
On Tuesday, the WTO
Committee on Agriculture’s
Chair circulated a draft ne­
gotiation text on a possible
agreement on agricultural
issues at MC13 which mem­
bers agreed to recognise as
a basis for further discus­
sion, although many said it
was not perfect, the official
said.
TWO OPTIONS
“The draft negotiating text
presents two options on
PSH. The first is a perman­
ent solution based on a pro­
posal made by the G33, the
African Group and the ACP
Group, while the second in­
volves setting parameters
for continuous discussion
with the goal of reaching a
permanent solution at
BUILDING THE FUTURE. President Droupadi Murmu
addressing the joint sitting of Parliament on the opening day of
the Budget Session, in New Delhi PTI
complished in a harmonious
manner”.
Following the consecration
ceremony in Ayodhya Dham,
13 lakh devotees have had ‘dar­
shan’ in just five days, the pres­
ident noted.
ing the 4th State Finance Com­
mission Report and the
Government Life Insurance
Fund 2024 proposals.
It has decided to exempt
5,376 families displaced due to
Pulichintala Project from paying
registration and user charges
of₹60 crore on allotment of
house sites under the Navarat­
nalu­Pedalandariki Illu.
The Cabinet has also decided
to establish AP Legislature Insti­
tute of Legislative Study and
Training to train newly elected
legislature members, besides al­
lotting 500 square yards and
1000 square yards of house sites
to Chess player Alana
Meenakshi Kolagatla and Tennis
player Saketh Myneni,
respectively.
The State government’s vote­
on­account Budget is likely to be
tabled on February 5.
Organization (IMO), will be
manufactured at the diesel
engine plant of the GRSE in
Ranchi which, the company
said, has fully equipped with
test bench facility as well as
trained service personnel.
The agreement, as per a
GRSE statement, will cover
“assembly of licensee­built
products, manufacturing, or
procurement of licensee­
built parts and/or compon­
ents, engine testing and fin­
ishing (including painting)“.
Likewise, “manufacturing or
procurement of licensee­
built parts and/or compon­
ents to produce licensee­
built products in the territ­
ory” and sale and after­sales­
services will be included un­
der the agreement.
“As a solution brand of
Rolls­Royce’s business unit
Power Systems, MTU Series
4000 engines with a power
output of 746­4,300 KW,
stand out with their high­
MC14,” the official added.
India and about 80 other
developing nations have
been insisting on an agree­
ment on PSH, separate
from other agricultural is­
sues, as mandated in the
Nairobi Ministerial Confer­
ence in 2015.
They are disappointed
that while a permanent
solution was mandated in
2017 at the Bali Ministerial,
it was yet to be delivered in
2024.
New Delhi warned mem­
bers that they should not
fall into the trap of pushing
everything to MC14 and
said that the joint proposal
of developing nations
should be used as the basis
for negotiations on PSH.
“India said that it was
still possible to decide on
PSH as was demonstrated
by the experience of the
Bali Ministerial Conference
where the `peace clause’
proposal was tabled just a
few weeks before the meet­
ing,” the official said.
On another major decision,
related to Jammu & Kashmir,
she said apprehensions over
the abrogation of Article 370 in
Jammu and Kashmir have be­
come history now”. There is an
environment of peace and se­
SNOWED UNDER
ICY CHILL. Vehicles covered with a thick layer of snow in the Narkanda area of Shimla after a fresh
spell of snowfall on Wednesday. Normal life was disrupted and 134 roads, including four national
highways, were closed in Himachal Pradesh as the tribal areas and other high reaches received the
first major snowfall of the year ANI
power density and power­to­
weight ratio, their compact
design as well as their mech­
anical and thermal stability,”
the GRSE stated.
On top of that, they are
easy to use and maintain,
with low lifecycle costs, it ad­
ded while observing that the
engine gives every naval ves­
sel the right propulsion –
from small patrol vessels to
frigates and large submar­
ines. The license agreement
between GRSE and Rolls­
Royce adds up to the long­
standing partnership the two
have had since the mid­1980s
over the line production,
maintenance, repair and
overhaul of MTU engines.
The Shipyard has modern­
ised the Ranchi plant recently
and tied up with M/s MTU
Germany to indigenise man­
ufacturing of 40 per cent of
engine parts under Make in
India initiative over a few
years.
Wistron signs MoU with
Karnataka govt to set up
laptop manufacturing unit
Our Bureau
Bengaluru
The government of
Karnataka and Wistron (ICT
Service Management Solu­
tions) signed a memorandum
of understanding (MoU) to
set up a laptop manufacturing
plant.
Under the MoU, the
Taiwan­based company
would invest ₹1,500 crore
which is likely to create
around 3,000 employment
opportunities, said Large and
Medium Industries Minister
MB Patil. The company has
sought 32 acres of land for the
proposed project, and the
government is considering
providing the required in the
surroundings of the
Bengaluru region.
The global company
known for technology service
providing products has
planned to commence works
related to setting up the plant
in July 2024 and to start man­
ufacturing laptops by January
2026.
The minister claimed that
this is going to be the first of
its kind unit to manufacture
curity in Jammu and Kashmir
as there is vibrancy in markets
instead of the “silence of shut­
downs” witnessed in the past,
the president said. Insurgency
is on the decline in the North
East, she stated .
The government has also
established a strict law against
triple talaq, she said.
She asserted that the armed
forces were giving a fitting
reply to terrorism and expan­
sionism. Murmu also said In­
dia is now a prominent voice
against terrorism in the world.
The government, she said, be­
lieves the grand edifice of a de­
veloped India will stand on the
four strong pillars of youth
power, women power, farm­
ers, and the poor.
Murmu arrived in a buggy at
Parliament House to deliver
Unions ask Air India pilots to flag
‘coercive calls’ on duty extensions
Press Trust of India
Mumbai
Air India’s two pilot unions
asked their members to flag
any “coercive call” from the
management for extending
flight duty timings beyond the
stipulated limits.
In a communication to their
members, the Indian Com­
mercial Pilots Association and
Indian Pilots Guild also said
that they are in the process of
compiling the records of re­
cent instances. The commu­
nication comes in the backdrop
of the two unions writing to Air
news . bl . 11
The minister
claimed that this is
going to be the first
of its kind unit to
manufacture laptops
in Karnataka
laptops in Karnataka. The
unit aligned to Industry 4.0
standards with a fully auto­
mated facility would make
laptops for all brands and over
50 per cent of laptops made
from here would be exported.
Further, the plant would pro­
duce IoT components and
EV­related parts in the plant.
Patil said that the move is
not just about the production
of electronics; it’s about fos­
tering innovation, creating
job opportunities, and posi­
tioning Karnataka as a leader
in the electronics manufac­
turing industry. Alec Lai,
President, of Global Manufac­
turing, Dennis Hung, Senior
Director, Rachael Lu, General
Manager, Sudhir C, Manager
of Wistron Corp, S Selvaku­
mar, Principal Secretary,
Gunjan Krishna, Department
of Industries were present.
her address to the joint sitting
of the Lok Sabha and the Rajya
Sabha. The president entered
the House preceded by a
bearer carrying the ‘sengol’
(sceptre). This is the last Par­
liament session before Lok
Sabha elections.
ECONOMIC PROGRESS
The President said the Indian
economy used to be among the
‘fragile five’ but was now mov­
ing in the right direction and at
the right pace due to several re­
forms undertaken by the gov­
ernment in the last 10 years.
“According to the NITI
Aayog, in the 10­year rule of
my government, nearly 25
crore people have come out of
poverty,” she said.
“We have been hearing slo­
gans of eradicating poverty for
India MD and CEO Campbell
Wilson, alleging that the airline
management is “intimidating
and coercing” some members
to extend duty timings beyond
the prescribed limits.
The letter to Campbell was
also marked to Tata Group and
Air India Chairman N
Chandrasekaran, among
others.
“We wish to bring to your at­
tention a matter of utmost im­
portance concerning potential
coercive calls related to the ex­
tension of Flight Duty Time
Limitations (FDTL),” the pi­
lots unions said in the commu­
nication to the members.
Soren resigns,
Champai Soren
named new
Jharkhand CM
Press Trust of India
Ranchi
Hemant Soren resigned as
Jharkhand Chief Minister
after more than seven hours
of questioning by the ED in a
money laundering case and
senior JMM leader Champai
Soren was named as his suc­
cessor. Meanwhile, JMM’s
Rajya Sabha MP Mahua Maji
claimed that the 48­year­old
Hemant Soren was in the
“custody” of the Enforce­
ment Directorate.
Hemant Soren tendered
his resignation to Governor
CP Radhakrishnan at the Raj
Bhavan, where he went along
with alliance legislators.
“Hemant Soren has
resigned as the Chief Minis­
ter of Jharkhand. The ruling
JMM­Congress­RJD alliance
has proposed the name of
senior JMM leader Champai
Soren as the new CM,” state
Congress president Rajesh
Thakur said.
“We have staked a claim to
f098efd8-cc7f-4a06-b5f8-605fc051f204
form the new government
with the support of 47
MLAs,” JMM legislative
party leader Champai Soren
said.
long; now first time we are see­
ing poverty being eradicated
on a large­scale,” she said.
Over the past decade, Murmu
said, the government has
made good governance and
transparency the cornerstone
of every system. “My govern­
ment is continuously working
on making it easy to do busi­
ness in India and creating a
suitable environment for it,”
she said.
Murmu said the govern­
ment is working with full com­
mitment to empower MSMEs
and small entrepreneurs.
Earlier, the country’s rate of in­
flation was in double digits and
is now within 4 per cent, she
said. Murmu congratulated
Prime Minister Narendra
Modi for the passage of the wo­
men’s reservation Bill.
Nova Agritech
founder faces
bribery probe in AP
Our Bureau
Hyderabad
Y Sambasiva Rao, founder of
Nova Agritech, whose shares
were listed on the BSE on
Wednesday, faces probe by
the Andhra Pradesh police
and Revenue Intelligence
Department.
Rao is a sitting Telugu De­
sam Party (TDP) legislator
representing Parchur
constituency.
The police have filed a case
under Sections 123 (1) RPA
1951, 171­E read with 120b of
IPC and 155(2) of CrPC on a
complaint lodged by the Spe­
cial Commissioner, Finance
Department, AP State De­
partment of Revenue
Intelligence.
Rao has been named as
first accused in the case per­
taining to alleged bribing of
voters in 2019 Assembly
elections.
The RI Dept has alleged
that it found a diary during a
search operation on January
24, which contained informa­
tion about the ‘inflow and
outflow’ of cash for illegal dis­
tribution of bribes to voters.
Consequent to the regis­
tration of the FIR, the police
forwarded the details to the
officials of the Income Tax
Department, Enforcement
Directorate and the Securit­
ies and Exchange Board of
India.
In the maiden session on
Wednesday, Nova Agritech
shares were trading at ₹58.79.
... . . . . . . HY­HYE
 12 . bl . news
HYDERABAD

businessline.
THURSDAY ­ FEBRUARY 1 ­ 2024

QUICKLY.
EU travel agents in favour
of blocking airline mergers
Brussels: EU regulators should
demand major concessions from
airline mergers that hit competition
or even block deals, said EU travel
agents and passenger groups on
Wednesday. The European
Commission last week opened
full­scale investigations into
German carrier Lufthansa’s bid for
a minority stake in Italian
state­owned rival ITA, and also into
British Airways owner IAG’s plan to
buy out Air Europa. REUTERS
Ex-Pak PM Imran Khan
gets 14-year jail term
Islamabad: Imran Khan and his
wife Bushra Bibi were sentenced
to 14 years in prison on
Wednesday in a corruption case
f098efd8-cc7f-4a06-b5f8-605fc051f204
Samsung leads in smartphone
market for first time since 2017
GOING STRONG. Apple shipments crossed 10­million mark in 2023: Counterpoint
S Ronendra Singh
New Delhi
India’s smartphone ship­
ments remained flat in 2023
at 152 million units, and Sam­
sung took the top spot for the
first time since 2017, with an
18 per cent share, though
lesser than 2022 at 19.4 per
cent. Vivo took the second
spot in 2023 with a 17 per cent
(15.8 per cent 2022) share
and led the affordable
premium segment (₹30,000­
45,000) with a 33 per cent
share, said the latest research
from Counterpoint’s
Monthly India Smartphone
Tracker on Wednesday.
Xiaomi slipped to the third
spot in 2023 with a market
share of 16.5 per cent, com­
pared to 20.3 per cent in 2022,
said the report, adding that
Apple shipments crossed the
10­million mark, helping it
bands, and better macroeco­
nomic conditions,” she
added.
PREMIUM SEGMENT
The premium segment
(above ₹30,000) witnessed 64
per cent y­o­y growth in 2023,
driven by easy financing
schemes, which resulted in
consumers jumping price
bands to purchase higher­
priced smartphones.
“One out of every three
smartphones was purchased
through financing in 2023.
STATUS SYMBOL. The premium segment (above ₹30,000) Apple’s focus on India is also
witnessed 64 per cent y­o­y growth in 2023, driven by easy
aiding the trend...propelled
financing schemes
by robust demand for both its
latest and older iPhones. The
ing to low demand and Senior Research Analyst at opening of own retail stores
inventory build­up. The mar­ Counterpoint. and increasing focus on large­
ket started recovering in the For many original equip­ format retail through regular
second half of the year, sup­ ment manufacturers promotions contributed to
ported by 5G upgrades and (OEMs), the key focus during increased offline shipments.
better­than­expected festival the year was to take 5G to the “Besides, higher trade­in
sales, it said. lower segment, driven by a values presented an appeal­
“Driven by the premium shift in consumer prefer­ ing proposition for con­
New curbs by Mumbai airport,
AAI rile chartered flight operators
Aneesh Phadnis
Mumbai
Business jet operators are up in
arms against a recent move to
extend the curfew on their
movement at the Mumbai air­
port. This, they fear, will choke
the growth of air charter busi­
ness, which saw a strong uptick
in 2023. The Mumbai airport is
the second busiest in the coun­
try with 950­plus daily flights.
But the single operating run­
way system at Mumbai has cre­
ated turbulence of sorts with
limited slot availability.
While there has been a four­
hour daily restriction on busi­
ness jet movements at Mumbai
for several years, it has now
been extended to eight hours,
air charter operators complain.
“These additional limita­
tions are particularly concern­
ing as corporate leaders in the
city, who rely on general avi­
ation/business aviation for
their travel needs, already con­
tend with a very limited per­
centage of the total available
slots at Mumbai International
Mumbai airport is the second
busiest in the country with
950­plus daily flights
BAOA has asked for an im­
mediate review of the new re­
strictions to ensure a fair alloc­
ation of operational slots for
business jet operators at least
till the Navi Mumbai airport be­
comes operational.
Earlier, private or non­
scheduled category aircraft,
were restricted from operating
from/to Mumbai from 8­10 in
morning and 5.30­7.30 in the
evening. Now, these aircraft are
restricted from 8­11 in morn­
ing, 5­8 in evening, and 9.15­
11.15 in the night.
“How are we supposed to
plan our operations with this
enhanced restrictions,” asked a
all flight delays at Mumbai.
“The number of scheduled and
non­scheduled flights has in­
creased, and that has led to an
increase in aircraft holding.
Flights are getting diverted,
too,” an Airport Authority of
India official explained. While
the notice to all operators is is­
sued by AAI, this is done in con­
currence with the airport.
MIAL said there was a 20 per
cent year­on­year increase in
business aircraft movements
and 44 per cent increase in foot­
falls in 2023. “The calendar year
of 2023 saw the resurgence of
commercial air traffic where
Mumbai Airport achieved re­
cord passenger movements. It
became imperative for us to
take measures to support the
growth, provide passengers
with a seamless experience, and
maintain higher on­time per­
formance,” said MIAL.
“To achieve this, the notices
for general aviation that were
temporarily relaxed during the
Covid period when commercial
traffic was low, were reinstated
and enforced as also advised by
subject matter experts, owing

for retaining expensive state gifts
when he was in power, dealing
another blow to the jailed former
premier, a day after he was
handed a 10­year jail term for
leaking sensitive state secrets.
The verdict, which comes eight
days before the February 8
general elections, has increased
the legal woes of the 71­year­old
cricketer­turned­politician. PTI
capture the top position in
revenue for the first time ever
in a calendar year.
The report also said 5G
smartphone shipment share
crossed 52 per cent in 2023,
growing 66 per cent on a year­
on­year (y­o­y) basis. The
first half of the year was chal­
lenging due to ongoing mac­
roeconomic turbulence lead­
segment’s growth and 5G up­
grades, India’s smartphone
market grew 25 per cent y­o­y
in Q4 2023 after declining for
a year. The elongated festival
season further aided this
growth, as the availability of
steep discounts, easy finan­
cing schemes and lucrative
promotions boosted de­
mand,” said Shilpi Jain,
ences, she said.
“The last quarter (Octo­
ber­December) exited the
market with healthy invent­
ory levels compared to last
year, setting the right tone for
growth for next year. We be­
lieve the market will grow 5
per cent y­o­y next year,
driven by premiumisation,
diffusion of 5G in lower price
sumers to transition to iOS,”
said Shubham Singh, Re­
search Analyst, Counter­
point.
The report also said that
offline channels witnessed
growth throughout the year
to reach 55 per cent share in
2023, driven by consumers’
preference for the look and
feel of the device.
Airport Ltd each day.
“The new restrictions will
significantly hamper business
aviation operations, affecting
the functionality of Mumbai as
the commercial hub of the na­
tion,” Business Aircraft Operat­
ors’ Association’s Managing
Director Rajesh Bali wrote to
Civil Aviation Minister
Jyotiraditya Scindia in January.
head of a charter company.
“Even in other hours when
charter movements are al­
lowed, only two slots are being
allotted per hour. Often park­
ing is not available for more
than 3­4 hours at airport,” he
added.
Industry executives feel the
fresh curb on private aircraft is
a knee jerk step to reduce over­
f098efd8-cc7f-4a06-b5f8-605fc051f204
to the growth in traffic,” it
added.
DELHI AIRPORT
In 2023, Delhi airport handled
12,706 charter flight move­
ments, which is the highest in
the last five years. Charter
movement in Delhi grew 4 per
cent on a year­on­year basis in
2023.

Reliance Jio pre­qualifies to

bid for Sri Lanka Telecom
Our Bureau
Mumbai

The Sri Lankan government

said on Wednesday it has
pre­qualified Jio Platforms, a
unit of India’s Reliance In­
dustries Ltd, and Gortune
International Investment
Holding, to bid for a stake in
Sri Lanka Telecom.
This is part of Sri Lanka’s
efforts to reduce govern­
ment stake in state­owned
firms under the $2.9­billion
International Monetary
Fund (IMF) programme.
Colombo had invited applic­
ations from potential bid­
ders for Sri Lanka Telecom
by November 10, and
Mukesh Ambani’s Jio Plat­
forms was one of three com­
panies that expressed in­
terest in buying stake in the
firm
The Sri Lankan govern­
ment, on January 12, issued a
press release, where it
named Jio Platforms as one
of the potential bidders for
their government telecom
company. Apart from Jio, the
other two companies in the
running are Gortune Inter­
national Investment Hold­
ing Ltd and Pettigo Comer­
cio International LDA.
If successful, this will be
the first fully­fledged tele­
com unit overseas for Reli­
ance Jio.

H’bad street food vendor

‘Kumari Aunty’ lands in
a soup, CM pulls her out
KV Kurmanath
Hyderabad
Social­media sensation ‘Ku­
mari Aunty’, the street food
vendor from Andhra Pradesh,
has prevailed after a video pos­
ted by a foodie went viral, invit­
ing a lot of negative attention.
In the video, the customer was
seen shouting out the bill: with
two extra liver pieces, the bill
was ₹1,000.
In a day of swift develop­
ments, her shop was removed
by traffic cops, triggering an
uproar on social media, with
people flaying the police for
upsetting her apple cart. Some
even criticised the Revanth
Reddy government for not let­
ting the hapless woman carry
on her business.
Chief Minister A Revanth
Reddy responded quickly and
directed the Director General
of Police and Cyberabad Com­
missioner to allow her to con­
tinue with her business.
“We are not here to create
hurdles for small­time busi­
nesses,” he said, ending a day­
long social­media trial. After
the short video went viral, Ku­
mari Aunty’s roadside hotel
became an instant rage, with
foodies in the vicinity and
other parts of the city throng­
ing her shop near InOrbit.
Memes followed, too, with
people making fun of the exor­
bitant menu, saying that she is
minting money.
Denying the claims made in
Insta Reels and YouTube
Shorts on the pricing part, she
says the rate card at her hotel is
CM
YK
Her shop was
removed by
traffic cops,
triggering an
uproar; Revanth
Reddy quickly
responded and
asked officials
to allow her
to continue
with her business
reasonable. Referring to the
original video on the ₹1,000
bill, she said the bill touched
₹1,000 after the customer
ordered two liver pieces.
ONLINE ATTACK
YouTubers and food vloggers
mobbed her, asking her a vari­
ety of questions, including on
the pricing part. While taking
orders and delivering bills or­
ally with aplomb, she would
take all questions and give
short and crisp answers.
All that she had toiled for
came crashing down in a mat­
ter of 24 hours after the traffic
police asked her to wind up her
business, citing traffic hold­
ups caused by her shop.
“We don’t mind allowing
streetside shops as long as they
don’t pose any traffic prob­
lems. Since her shop has be­
come a problem for traffic we
will not allow,” said a traffic
inspector.
She blamed the media for
the unnecessary attention that
led to the closure of her shop.
... . . . . . . HY­HYE
 market.radar . bl . I
HYDERABAD

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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] 169.95 169.00 169.95 171.10 168.00 67.88 200.00 62.80 12 168.85 CelloWorld 862.15 845.20 855.00 860.00 819.60 1042.87 920.00 748.55 ­ ­ Gokaldas [5] 918.55 927.85 918.80 933.50 902.00 476.21 1022.00 340.00 36 926.95 Kaveri Seed [2] 678.55 720.10 682.00 724.00 680.05 877.50 724.45 473.00 13 719.75
360OneWam 628.60 620.05 630.35 640.65 616.15 347.92 1949.00 395.10 ­ ­ Cent Enka 438.50 446.35 443.20 449.10 436.55 62.21 503.00 340.00 24 446.35 Gokul Agro [2] 121.65 125.75 122.45 126.05 122.00 265.49 135.00 94.90 18 125.65 KAYA Ltd 352.70 355.60 355.00 375.90 338.60 89.87 395.90 241.00 ­ 355.05
3IInfotech 60.60 61.55 60.60 63.90 59.00 6657.89 63.90 26.25 ­ ­ Cent.Bk 56.10 57.50 56.05 58.80 55.7044289.08 58.80 22.25 22 57.46 Goldiam Int [2] 177.00 175.15 177.00 180.00 173.80 292.17 192.00 120.05 40 175.50 KaynesTech 2827.95 2831.30 2985.00 2990.00 2781.00 342.06 3000.00 754.10 ­ ­
3m India 33655.55 34408.35 33655.55 34659.05 33655.55 4.85 39809.65 21405.00 80 34444.80 Cent.Elec 1532.80 1609.85 1532.80 1650.00 1515.00 41.02 1970.00 497.00 54 1613.50 GoodLuck St [2] 1064.30 1061.50 1066.85 1090.00 1040.05 122.11 1168.80 365.60 31 1063.85 KBCGlobal 2.20 2.20 2.20 2.25 2.15 7018.83 3.35 1.90 ­ ­
5PaisaCap 605.25 601.70 606.00 610.35 597.60 44.19 759.10 271.25 30 601.85 Cent.Ply [1] 785.45 785.15 787.45 803.70 771.95 165.63 849.35 436.65 47 782.95 GP Petrol [5] 76.85 73.05 76.95 78.50 70.20 964.11 81.46 30.90 17 73.00 KCP [1] 193.20 195.95 195.05 197.95 193.90 649.60 198.40 91.60 ­ 195.85
Cent.Txt 1388.30 1425.95 1390.00 1445.00 1385.05 395.90 1598.75 588.80 80 1426.75 Granuels [1] 409.00 415.70 409.00 418.70 408.65 834.16 435.30 267.85 22 415.70 KDDL Ltd 2733.75 2767.20 2898.00 2898.00 2756.15 7.59 3110.00 984.65 64 2765.20
A .............................................. CentDepoSer 1745.05 1775.05 1749.00 1785.00 1734.00 752.64 1987.70 880.90 ­ ­ Graphite [2] 537.35 544.80 537.35 549.50 537.35 568.67 575.60 251.75 66 544.20 KEC Intl [2] 628.75 657.65 646.50 675.00 640.55 2894.58 739.00 437.95 201 657.40
AaronIndust 276.30 278.25 275.00 279.95 275.00 7.17 326.40 237.00 ­ ­ CentrumCap [1] 33.90 34.00 34.10 34.30 33.50 749.58 36.77 17.50 ­ 34.01 Grasim [2] 2126.15 2175.00 2126.50 2182.05 2115.45 910.71 2182.00 1521.92 99 2174.90 KEI Ind [2] 3061.95 3193.10 3080.90 3215.00 3050.00 300.88 3420.00 1553.55 52 3189.35
Aarti Drug 514.45 526.65 515.00 530.00 515.00 306.07 645.00 310.80 31 526.25 Cera San [5] 8224.00 8253.70 8264.40 8284.95 8180.00 10.38 9782.25 5228.85 45 8284.10 Gravita [2] 860.70 931.75 864.95 944.00 857.55 462.51 1167.05 441.05 35 931.95 Kellton Tech [5] 100.90 99.75 101.10 101.65 99.35 769.77 111.60 40.53 ­ 99.70
Aarti Ind [5] 633.55 659.10 634.00 660.00 631.00 1513.40 689.75 438.05 54 658.75 CESC [1] 143.15 143.10 144.60 145.50 141.80 8359.25 149.90 62.25 23 143.15 GreenlamInd [1] 517.90 538.15 522.95 543.95 516.00 63.63 626.15 282.60 45 535.45 Kesoram In 168.35 170.75 169.80 171.60 166.00 1217.61 180.00 54.75 ­ 171.10
AartiSurfact 719.10 721.40 719.10 728.00 718.10 22.99 810.00 418.05 ­ ­ CGPowr&InS [2] 461.75 468.55 459.50 470.00 455.95 2096.62 501.75 276.90 81 468.85 GreenPly [1] 246.20 246.15 247.50 252.40 244.55 275.80 268.00 133.85 29 246.05 Kewal Clo 759.35 766.40 763.70 769.00 755.00 23.13 825.85 364.85 32 761.40
Aarvee Den 29.30 30.25 29.90 30.80 29.10 88.63 33.09 16.75 ­ 30.14 ChaletHotels 753.75 777.10 749.25 785.00 749.20 356.27 794.20 345.90 65 777.45 GrenpanelInd 408.30 399.55 410.35 419.00 395.00 599.30 449.90 255.00 ­ ­ KeynotFinSer 138.05 137.65 142.05 142.05 136.25 18.69 173.90 77.70 ­ ­
AarviEncon 149.60 150.15 152.45 153.85 149.00 30.56 183.90 100.50 ­ ­ ChamanLalSat 248.25 253.00 248.25 257.50 247.00 97.75 262.50 124.75 ­ ­ Grindwel [5] 2343.20 2368.55 2348.00 2383.45 2331.00 126.01 2494.55 1717.50 70 2371.15 KeystnRealtr 713.00 711.55 717.00 723.85 686.60 71.97 750.00 416.05 ­ ­
AavasFinance 1494.30 1476.55 1496.40 1498.00 1467.40 120.51 2045.00 1335.00 25 1476.95 Chamb.Frt 357.60 366.85 357.00 367.80 353.10 1913.49 402.00 248.55 12 366.60 GRInfraproj 1182.60 1214.95 1186.10 1225.55 1181.25 72.43 1381.00 930.00 ­ ­ KFinTech 599.65 620.70 608.80 629.00 594.10 1854.88 629.00 272.00 ­ ­
Aban Off [2] 87.65 82.50 88.00 88.00 80.55 2478.24 89.50 31.15 ­ 82.37 ChembonChem 533.00 535.40 538.35 545.40 528.00 48.08 442.45 213.00 16 400.65 GrmOverseas 196.45 203.55 199.40 205.30 195.05 263.52 358.00 159.00 ­ ­ KhadimIndia 381.00 376.25 389.45 390.00 370.80 61.09 424.30 174.90 54 378.85
AbansHolding 322.35 326.65 323.05 329.00 322.10 44.50 355.50 201.95 ­ ­ ChemconSpecl 272.05 274.35 274.45 276.30 272.10 47.40 319.45 221.00 ­ ­ Grvs.Cot [2] 162.10 163.70 162.80 164.80 160.85 1159.61 175.50 118.70 26 163.50 KhatnChm&Fer 87.15 87.65 87.70 89.80 86.50 202.48 96.25 56.30 ­ ­
ABB [2] 4729.75 4671.60 4749.00 4762.75 4631.00 292.84 4984.30 2754.85 82 4671.65 ChemfabAlkal 398.50 403.10 401.65 409.20 399.40 10.67 448.00 213.05 ­ ­ GSFC [2] 301.40 299.40 302.95 303.60 295.70 4825.26 322.45 116.10 12 299.25 Kilitch 442.40 435.25 444.75 445.00 425.35 11.83 455.00 121.30 40 436.30
Abbott 25508.65 25906.95 25544.85 26249.95 25522.50 23.75 26350.00 19900.00 51 25873.85 ChemplastSan 472.35 493.30 474.00 495.00 472.60 135.07 543.25 342.05 ­ ­ GSPL 356.45 367.85 355.00 370.00 353.15 2329.13 379.00 254.75 18 367.70 Kingfa S&T 2186.75 2297.00 2194.00 2306.00 2185.70 14.21 2595.05 1222.60 23 2290.80
ABBPowerPro 5614.45 5929.85 5614.50 5946.00 5614.50 33.89 6280.00 2905.85 ­ ­ CheviotComp 1473.35 1471.70 1451.00 1480.00 1420.00 13.67 1626.70 960.30 ­ ­ GSS Info 160.35 150.35 160.35 162.00 146.95 150.21 252.25 147.25 92 151.25 Kiocl 402.35 393.70 403.95 408.35 391.10 205.01 520.00 165.20 ­ 393.70
ABCapital 168.45 171.10 169.60 172.20 168.35 2836.80 199.40 133.75 ­ 170.95 ChoicInternl 537.80 542.15 539.30 545.30 532.55 196.22 560.00 250.85 ­ ­ GTL Infra 1.80 1.85 1.80 1.85 1.7574789.28 2.01 0.64 ­ 1.89 Kiri Ind 426.50 411.45 428.25 430.25 408.30 531.37 453.90 255.50 ­ 410.55
ACC 2513.15 2544.30 2514.00 2584.00 2469.20 752.94 2581.80 1593.50 29 2543.05 CholaIn&Fin [2] 1214.05 1184.15 1216.00 1222.00 1175.50 2760.03 1309.75 700.90 31 1184.15 GTPLHathway 193.95 195.10 194.40 199.00 193.45 128.05 217.65 93.50 27 195.35 Kirl.Bros [2] 900.30 913.15 900.30 921.00 894.65 46.10 1060.00 296.10 37 912.30
AccelyaKal 1788.10 1824.40 1788.10 1830.00 1780.25 27.96 2005.30 1068.05 24 1823.85 CholamanFin [1] 1162.00 1179.75 1165.00 1190.70 1165.00 846.95 1282.75 512.65 370 1178.20 Gufic Bio [1] 355.60 352.40 356.00 358.60 348.90 125.97 364.00 177.10 43 351.60 Kirl.Elec 149.60 150.90 149.80 158.00 143.50 5566.24 100.80 26.95 28 ­
Action Con [2] 933.30 977.00 939.90 994.00 939.50 829.17 994.00 313.30 49 978.30 CIEAutomotIn 478.05 485.45 481.00 490.95 476.10 881.53 579.75 331.65 ­ ­ Guj.Alk 771.60 791.90 773.00 796.70 769.70 179.75 836.95 556.05 29 790.60 Kirl.Ind 4109.85 4139.45 4131.00 4150.00 4024.00 3.51 4150.00 1925.00 53 4131.35
AdanEnergSol 1072.70 1067.85 1072.95 1081.90 1062.60 793.83 1860.00 631.50 ­ ­ Cigniti Tech 1012.40 1001.40 1012.40 1020.00 995.10 51.06 1203.15 590.00 23 1001.20 Guj.Ind.Pow 230.40 224.55 231.70 231.70 220.80 1613.10 237.20 70.71 18 223.55 Kirl.Oil [2] 694.15 710.90 700.00 728.00 700.00 252.30 726.75 293.35 35 709.70
Adani Ports [2] 1187.35 1207.65 1195.80 1214.25 1191.65 5510.24 1229.90 394.95 112 1207.60 Cipla [2] 1317.10 1351.00 1317.10 1352.90 1312.00 1723.38 1424.65 852.00 33 1351.30 Guj.Pipav 169.90 176.20 171.40 177.00 170.30 8435.10 177.00 88.25 24 176.10 KirloskrPneu 666.85 675.85 667.00 684.90 663.50 106.92 699.85 541.05 ­ ­
AdaniEntprs [1] 3091.10 3142.00 3092.75 3151.70 3072.40 2671.05 3199.45 1017.10 170 3141.10 CitiUn Bk [1] 143.05 144.90 143.00 145.60 142.75 2301.00 167.65 119.50 11 144.95 Gujarat Gas [2] 554.65 581.30 555.65 582.75 555.65 2183.19 583.05 397.20 32 581.15 Kitex [1] 223.85 232.25 228.00 246.10 225.05 1938.69 246.00 135.50 82 231.75
AdaniGreenEn 1679.45 1669.45 1680.00 1694.90 1665.05 802.67 1760.35 439.35 ­ 1669.20 CleanSci&Tec 1404.70 1493.55 1402.00 1507.00 1401.00 333.30 1622.00 1227.10 ­ ­ GujaratFluor 3616.60 3684.15 3635.00 3725.00 3620.05 67.76 3920.00 2535.00 ­ ­ KM Sug [2] 32.25 32.75 32.75 33.55 32.15 1058.98 39.20 22.83 8 32.89
AdaniTotlGas 1028.15 1012.35 1030.00 1035.70 1006.30 2672.01 2538.00 522.00 ­ ­ Cleducate [5] 103.60 106.95 103.40 109.00 103.00 154.75 113.95 48.80 34 107.05 Gul.Amb.Ex [1] 381.00 389.10 381.70 393.00 380.65 1081.80 410.05 224.20 29 389.05 KNR Con [2] 270.90 276.60 271.80 278.00 270.90 1415.22 305.25 226.20 19 276.55
AdaniWilmar 357.10 355.45 358.00 363.00 354.00 2398.21 509.00 285.80 ­ ­ CMSInfoSystm 387.00 385.00 389.60 394.00 384.10 542.58 421.40 260.80 ­ ­ Gulf Oil Lub [2] 798.65 796.40 802.45 820.00 790.90 134.95 820.00 390.00 15 797.25 Kokuyo [1] 147.70 144.65 148.45 149.00 144.10 82.21 179.30 66.80 36 145.25
ADF Foods [2] 193.25 214.10 189.65 219.40 189.65 2011.06 262.45 133.39 32 214.25 Coal India 402.55 406.15 405.05 409.15 400.4023750.82 416.25 207.70 17 406.10 GulshanPoly [1] 202.10 203.30 200.30 206.60 200.30 91.17 274.95 159.17 38 203.20 KoltePatil 520.25 510.80 522.70 526.40 509.60 105.88 584.00 231.00 330 511.45
AditBirSunLf 481.90 477.70 482.00 489.60 476.00 189.19 511.95 307.00 ­ ­ CoastalCorpn 297.90 303.05 303.85 312.70 297.00 42.55 354.15 165.90 ­ ­ Kopran 261.35 267.50 260.00 270.65 257.90 383.17 285.70 96.00 63 267.60
AdityaBirFas 240.00 243.95 240.05 246.65 239.25 4022.88 265.35 184.40 ­ 243.95 CochinShip [5] 878.60 912.20 935.00 945.00 895.70 6953.48 944.65 205.50 57 912.80 H .............................................. Kot.Mah.Bk [5] 1823.60 1825.25 1816.00 1841.45 1788.50 8117.40 2063.00 1644.20 28 1824.55
Ador Weld 1551.60 1602.60 1554.00 1614.95 1541.75 28.23 1770.00 785.80 31 1605.55 CoffeeDayEnt 59.30 59.10 59.60 60.35 58.75 3360.05 68.59 26.40 ­ 59.10 HappiestMind 857.40 876.05 856.90 879.90 855.80 403.89 1023.00 763.25 ­ ­ Kothari Pet [5] 149.90 148.20 148.70 150.75 146.50 100.84 0.15 0.05 ­ ­
AdvancedEnz[2] 364.25 380.70 367.50 384.30 365.40 362.00 391.90 225.00 36 380.55 Coforge 6244.80 6250.10 6253.95 6330.00 6238.05 337.29 6789.00 3564.75 ­ ­ HappyForging 979.15 989.75 979.00 1018.00 973.85 184.42 1087.40 917.75 ­ ­ Kothari Pro 153.95 158.90 156.95 160.00 151.30 47.76 185.70 95.25 90 159.30
Advani Hot [2] 162.50 159.35 163.90 164.00 157.50 312.15 169.95 66.75 29 159.65 Colgate [1] 2490.50 2569.10 2507.00 2580.90 2497.90 448.04 2579.85 1437.00 55 2569.50 HardwynInd 44.10 44.35 44.50 45.75 43.70 371.94 622.65 34.60 ­ ­ Kothari Sug 54.75 58.00 55.35 58.40 55.15 1223.26 15.85 4.45 ­ ­
Aegis Log [1] 370.20 377.65 370.05 380.00 367.05 477.57 410.20 280.00 32 378.10 COMMERCIAL 95.65 99.15 109.70 111.80 97.00 426.19 111.80 70.05 ­ ­ HariomPipInd 604.95 610.10 613.95 615.00 604.00 36.21 740.00 383.00 ­ ­ KPIGrenEnerg 1655.55 1821.10 1688.40 1821.10 1680.00 478.83 1821.10 390.00 ­ ­
AeroflexInd 153.35 153.90 155.00 155.60 153.65 562.67 196.35 140.90 ­ ­ ComputerAge 2771.50 2897.00 2797.95 2934.85 2785.00 686.98 2988.00 2010.00 ­ ­ Harri.Mal 189.45 187.05 191.50 193.45 183.70 82.37 193.50 102.60 126 186.50 Kpit Tech 1457.25 1550.80 1499.00 1559.90 1464.10 3760.28 1640.00 688.10 ­ ­
AetherIndust 847.80 883.80 852.00 905.00 852.00 334.94 1209.00 778.00 ­ ­ Con.FinHld 281.00 282.35 281.10 284.85 280.00 25.27 78.40 26.55 ­ ­ HarshaEngrs 408.95 405.35 407.65 412.95 403.30 79.09 494.00 309.00 ­ ­ KPR Mill [1] 748.85 790.15 750.35 793.00 750.35 301.59 927.40 513.40 58 789.90
Affle(India) [2] 1191.65 1241.00 1200.00 1246.75 1192.50 206.51 1336.45 875.25 230 1240.40 Concor [5] 865.45 887.50 871.50 892.00 865.00 2756.55 932.80 555.00 44 887.00 Hathway [2] 23.95 23.95 24.10 24.70 23.9013265.17 26.12 12.21 ­ 23.96 KRBL [1] 361.20 359.85 358.10 370.45 358.10 472.18 471.00 320.00 12 359.70
Agarwal Inds 1080.10 1134.40 1089.30 1148.75 1075.55 191.59 1145.60 530.85 35 1135.10 ConcrdBiotec 1431.10 1455.90 1437.75 1460.00 1421.00 65.56 1607.00 900.05 ­ ­ Hatsun Agro [1] 1095.85 1141.80 1100.00 1 KrisnaInsMed 2076.50 2136.10 2077.80 2156.55 2076.50 244.20 2229.90 1282.00 ­ ­
AgiGreenpac 761.50 798.15 763.25 804.00 763.25 154.53 1089.00 305.00 ­ ­ ConfdnPetInd[1] 86.15 85.25 86.40 87.05 85.00 1263.76 104.65 55.28 23 85.23 H KrisnaPhoscm 231.00 232.30 231.05 237.05 230.50 27.74 559.40 223.60 ­ ­
AgriTech Ind 213.60 212.55 215.00 216.45 209.60 9.80 262.05 85.90 16 212.45 ControlPrint 1001.90 1006.50 1010.00 1030.45 999.10 21.48 1076.85 430.00 28 1004.90 HB Pw KritiIndust 126.30 128.35 127.00 129.50 124.00 107.83 140.85 72.90 ­ ­
Agro Tech 850.25 842.05 845.00 860.00 831.95 12.33 962.00 741.50 158 843.15 Cords Cab 118.20 141.80 118.60 141.80 118.00 1065.58 141.65 60.60 20 141.65 KritNutrient 117.60 119.85 120.05 123.95 119.00 126.32 128.90 69.15 ­ ­
AgroPhosInd 48.15 47.85 48.90 49.45 47.15 113.91 52.50 29.90 ­ ­ Corom.Intl [1] 1050.25 1049.90 1055.25 1077.00 1034.60 1442.73 1287.95 842.00 15 1050.55 HCG KrsnaaDiagns 696.30 697.20 710.45 711.95 693.30 106.76 767.90 353.10 ­ ­
AhladaEnggrs 127.65 124.20 127.45 131.05 123.00 172.15 164.15 80.25 ­ ­ Cosmofirst 613.80 620.20 613.80 624.95 611.05 51.57 773.05 550.05 ­ ­ HC KSB 3582.75 3648.25 3590.00 3695.25 3578.60 52.59 3695.25 1717.00 ­ ­
Ahluwalia [2] 870.40 859.60 875.00 896.50 843.25 300.58 890.90 448.60 26 856.60 CPCL 837.65 854.00 838.00 857.40 825.00 644.35 907.95 222.90 4 853.50 HC KsolvesIndia 1210.95 1236.15 1215.00 1242.95 1215.00 20.86 1467.40 993.35 ­ ­
AIA Engg [2] 3884.65 4107.35 3893.25 4235.00 3893.20 201.72 4236.70 2621.00 36 4101.15 CraftsmnAuto 4515.05 4376.30 4548.00 4548.00 4341.05 180.51 5513.65 2735.00 ­ ­ HD C MC KuantumPaper 179.05 178.65 181.70 183.70 177.50 248.12 225.85 114.15 ­ ­
Airolam 143.90 149.35 144.00 152.00 141.65 50.59 156.00 100.55 ­ ­ CrdtacsGramn 1559.55 1589.80 1565.80 1609.00 1559.55 247.85 1794.40 834.10 19 1589.30 HD C B
Ajanta Phr [2] 2111.45 2174.25 2122.00 2199.50 2116.70 74.41 2355.05 1136.80 41 2170.05 CreatPer&Dis 830.65 830.05 824.30 836.45 816.40 8.38 915.00 358.30 ­ ­ HD C L ..............................................
Ajmera 570.55 578.65 569.35 588.80 569.05 77.92 620.75 244.35 31 577.95 CREDO BRANDS 259.55 265.15 259.05 266.70 259.05 229.56 324.80 250.00 ­ ­ H U L&T [2] 3633.30 3479.75 3520.00 3538.00 3387.05 9637.61 3738.90 2073.85 53 3480.15
AksharChem 278.20 280.85 286.95 286.95 278.25 23.49 329.85 201.30 ­ 280.20 Crest Ventu 414.10 449.70 470.05 489.00 440.10 962.60 487.00 144.40 24 451.30 H G L&T Fin Hld 167.80 173.20 168.80 174.85 168.4010043.10 174.85 78.97 32 173.10
Akzo 2653.65 2612.20 2661.95 2699.95 2595.10 35.98 2949.95 2105.10 30 2616.60 Crisil [1] 4015.60 4095.35 4011.00 4100.00 4000.05 31.83 4451.00 2974.00 55 4087.25 H L&TTechSer [2] 5474.90 5583.95 5474.00 5632.40 5416.00 238.44 5630.00 3241.80 47 5582.70
AlbertDavid 1426.90 1434.40 1444.00 1475.00 1421.65 16.09 1605.00 508.35 14 1433.70 CrompGraves[2] 294.65 302.95 295.10 303.50 294.25 2914.07 338.90 251.25 45 302.90 H m PR La Opala [2] 361.85 367.50 363.50 368.70 361.15 137.83 479.65 326.35 33 366.90
Alembic [2] 92.60 93.75 92.80 95.20 92.60 1431.44 100.95 55.52 28 93.66 CSBBank 375.80 382.25 377.70 384.50 373.80 239.67 421.95 218.00 12 382.30 H LambodText [5] 195.80 199.00 204.40 209.85 191.60 525.69 240.40 130.10 26 198.15
Alembic Ph [2] 901.20 960.50 909.30 974.70 905.00 1067.16 991.10 463.30 39 960.05 CSLFinance 440.15 451.50 446.75 454.00 436.15 66.40 498.00 189.10 ­ ­ H H Landmark [1] 10.05 9.95 10.15 10.40 9.85 258.66 11.15 5.10 ­ 10.05
Alicon [5] 973.30 993.85 981.60 1012.70 978.10 23.87 1068.00 645.00 38 990.90 CUMI [1] 1110.95 1124.65 1112.00 1145.40 1112.00 130.09 1300.00 924.15 62 1124.45 H LandmarkCar 839.55 835.40 838.75 851.80 830.05 82.88 887.95 482.10 ­ ­
Alkali Met 147.30 150.65 148.80 153.00 147.60 85.52 163.15 85.25 102 150.45 CumminsInd [2] 2235.60 2293.85 2231.10 2306.75 2190.05 962.49 2306.00 1393.30 48 2291.90 H M LasaSuperGen 32.00 31.90 32.70 32.70 31.50 136.60 40.95 17.25 ­ 32.03
AlkemLabs [2] 4946.30 4996.05 4990.00 5087.95 4972.00 263.75 5315.05 2835.05 38 4994.40 Cyber Med 40.60 42.00 40.60 42.75 40.00 278.37 42.68 13.01 ­ 42.12 H B LatntViewAnl 475.00 470.55 474.90 475.00 464.00 625.12 503.90 310.45 ­ ­
Alkyl Amine [2] 2271.75 2380.85 2274.00 2399.00 2274.00 121.52 2794.60 2119.05 71 2387.50 Cybertech 183.70 187.80 184.80 191.00 183.70 272.69 215.40 85.00 44 187.95 H C LatteysInd 22.45 21.50 22.40 23.15 21.35 2520.59 45.55 21.35 ­ ­
Allcargo [2] 77.60 81.20 78.05 81.95 78.00 3329.82 97.70 61.50 30 81.10 Cyient [5] 2031.80 1973.80 2029.05 2029.10 1940.45 832.35 2457.00 838.00 44 1972.25 H C LaurusLabs [2] 370.30 381.35 372.00 384.00 370.90 2603.02 444.50 279.65 100 381.10
ALLCARGO GATI 124.45 125.70 125.45 127.00 125.00 271.58 177.65 97.50 ­ ­ CyientDlm 665.60 683.25 669.30 687.35 663.20 314.67 778.90 403.00 ­ ­ HG LaxmiOrgInd 267.45 269.90 268.45 273.60 267.15 753.86 320.95 220.50 ­ ­
AllcargoTerm 72.80 72.15 74.25 77.40 71.20 1136.47 82.50 31.30 ­ ­ H LemonTreeHot 138.95 139.85 138.90 143.50 137.50 6527.38 144.70 72.85 133 139.80
Allied Dig [5] 175.25 182.15 175.95 183.70 174.55 452.89 201.40 71.50 78 181.95 D .............................................. H LG Balakri 1274.95 1283.10 1280.00 1289.90 1255.10 64.21 1409.40 647.65 16 1280.55
Allsec 806.10 786.70 810.70 816.95 781.50 69.84 825.00 420.00 20 785.10 Dabur [1] 535.95 539.60 535.95 545.60 534.00 3475.92 596.90 504.00 66 537.70 H M LGB Forge [1] 12.10 12.70 12.25 12.70 12.05 353.18 13.94 7.30 ­ 12.77
Alpha Lab 100.85 100.20 100.85 102.95 99.15 101.72 114.80 50.06 11 99.90 Dalm.B.Sug [2] 397.85 403.00 399.80 404.75 398.40 81.06 490.05 310.50 11 402.55 Hm LibasDesigns 18.85 21.50 18.95 22.55 18.65 2783.07 22.55 9.85 ­ ­
Alphageo 343.05 367.25 346.15 388.70 346.15 412.83 388.15 200.00 57 366.05 DamodarInd [5] 57.55 57.20 59.10 59.10 56.85 36.56 65.56 37.00 56 56.28 H C m LIC of India 932.90 949.75 938.15 971.90 936.75 7726.33 971.90 530.05 ­ ­
098e d8-cc7 -4a06-b5 8-605 c051 204

098e d8-cc7 -4a06-b5 8-605 c051 204

AMARA RAJA EN 838.20 889.05 842.00 900.00 840.25 3053.11 900.00 546.00 ­ ­ DangeeDums 11.55 11.20 11.85 11.85 11.10 514.77 19.35 9.25 ­ ­ H C LICHsgFin [2] 617.35 625.60 621.80 627.95 618.35 5030.29 628.10 315.45 8 625.35
AmberEntp(I) 4486.25 4437.05 4414.60 4614.20 4316.55 259.00 4615.20 1762.25 288 4444.95 Datamatics [5] 694.80 696.65 700.00 720.00 688.85 96.13 790.20 272.00 37 696.25 H M LikhithaInfr 256.55 258.90 258.50 264.70 255.00 219.06 343.00 215.15 ­ ­
AmbigaAgar 32.25 35.45 32.35 35.45 32.35 469.91 43.06 19.11 ­ 35.36 DataPatrnInd 1953.75 1905.50 1956.60 1961.95 1880.10 225.26 2485.00 1179.00 ­ ­ H M LINC 640.25 620.75 636.80 642.30 617.20 18.62 900.00 433.20 ­ ­
Ambika Cot 1724.75 1744.20 1720.00 1762.60 1717.65 13.02 1889.95 1310.50 13 1742.25 DB Corp 324.95 321.25 326.70 333.85 314.10 282.11 373.50 92.85 17 320.50 H O Lincoln Phar 641.10 654.90 641.05 658.55 641.05 33.53 706.45 302.00 16 656.85
AmbujaCeme [2] 570.85 560.30 573.40 586.45 547.0013741.69 586.00 315.30 49 560.35 DB Realty 242.70 252.55 243.05 254.00 243.05 2275.36 258.15 55.05 20 252.95 H R Linde Ind 5622.45 5592.30 5622.00 5678.80 5575.00 37.78 6885.95 3215.05 114 5590.30
AMINES & PLAST 202.35 204.30 207.45 207.45 198.55 4.64 235.35 149.00 ­ ­ DCB Bk 136.00 138.35 136.55 139.50 134.85 5864.12 163.40 96.70 8 138.30 H LloydMetals 566.05 566.60 565.10 582.70 558.30 319.79 686.70 492.00 ­ ­
AmiOrganics 1148.30 1163.35 1148.30 1167.00 1136.55 151.51 1388.95 847.35 ­ ­ DCM 87.90 87.85 88.75 90.00 85.65 85.08 104.00 62.01 ­ 86.99 H LLOYDENGGWO 46.55 47.80 46.75 48.85 46.55 4286.23 51.65 39.60 ­ ­
AMJLandHold[2] 41.85 42.75 42.25 44.65 41.95 142.16 45.75 18.76 24 42.75 DCMNouvelle 185.55 193.15 180.00 195.00 180.00 74.32 214.75 127.00 ­ 190.30 H LMW 13032.10 13720.15 13081.00 13790.00 13022.05 6.96 15501.00 9030.95 37 13713.40
Amrutanjan [1] 576.85 579.55 577.90 584.95 577.00 17.22 774.75 552.85 46 580.70 DCMShriram [2] 1007.70 1039.95 1007.70 1052.05 1004.75 83.31 1175.00 730.05 44 1039.75 H G Lok.Mach 355.80 352.25 358.00 359.95 349.00 57.40 412.95 105.00 69 352.25
AnandRathiWe 3020.80 3058.25 3020.85 3068.75 3009.05 57.27 3100.00 735.55 ­ ­ DcmShrirmInd 188.65 185.10 187.00 193.70 183.10 333.33 199.00 59.00 ­ ­ H LordChlrAlka 142.15 141.70 142.50 143.00 139.15 39.76 195.00 132.00 ­ ­
Anant Raj [2] 316.95 318.10 318.70 319.70 314.00 704.22 332.00 90.85 95 318.20 DCW [2] 60.90 69.00 61.20 69.90 60.6039315.70 69.94 40.00 22 68.96 H Lotys Eye 76.10 77.05 78.00 78.50 76.45 112.43 110.90 56.30 40 77.08
Andhar Sug [2] 109.30 111.00 109.05 111.20 109.05 145.07 133.80 99.95 14 111.00 DCXSystems 347.25 344.60 348.00 349.00 340.10 761.32 393.00 138.00 ­ ­ H G Lovable 151.70 156.85 152.60 158.50 151.00 103.41 171.50 84.15 94 156.75
ANDHRCEMENT 121.55 124.15 126.35 126.35 122.10 49.66 158.25 78.15 ­ ­ De Nora 1383.50 1437.20 1398.00 1455.10 1391.55 27.13 2334.00 769.85 32 1436.00 H P LT FOODS 196.60 197.00 198.45 201.20 195.55 947.47 234.60 90.00 ­ ­
AndhraPaper 627.00 621.10 632.00 635.85 619.05 170.10 674.90 391.30 ­ ­ DebockIndust 9.10 9.50 9.20 9.55 9.15 3242.51 11.85 8.00 ­ ­ H G LTIMindTree 5352.80 5448.55 5351.00 5466.45 5310.30 536.49 6442.00 4132.20 ­ ­
AngelOne 3093.75 3285.35 3117.00 3299.00 3071.30 558.32 3896.00 999.00 ­ ­ Deccan Cem [5] 619.40 616.75 622.00 624.60 610.35 19.64 629.00 388.00 21 616.10 H Lumax tech [2] 381.35 389.70 385.00 391.00 379.95 135.32 469.00 210.20 37 389.75
AnjPortCem 216.70 217.20 217.15 218.60 216.10 21.13 231.00 140.40 ­ 217.75 DeepEneResou 192.60 190.75 194.45 198.60 188.30 27.18 237.00 135.30 ­ ­ Hm Lumx Ind 2452.45 2459.40 2452.45 2480.00 2425.55 3.96 2815.45 1632.05 36 2456.95
AnmolIndia 60.50 61.75 61.00 62.25 60.35 1549.47 68.00 38.80 ­ ­ DeepIndust 259.85 257.00 262.00 263.30 253.40 96.76 319.80 140.10 ­ ­ H w Hm Lupin [2] 1468.15 1505.35 1436.35 1509.95 1436.35 1055.60 1509.40 628.10 58 1504.95
AntnyWastHdg 549.50 563.05 552.00 579.10 549.00 1035.58 579.10 241.80 ­ ­ Deepk.Fer 615.90 618.15 615.90 627.30 612.75 487.42 715.00 512.80 28 618.25 H m Lux Indust. [2] 1249.15 1246.35 1261.00 1266.00 1243.05 72.67 1720.80 1122.60 34 1246.60
AnupamRasayn 921.25 949.30 918.10 953.50 918.10 628.25 1234.00 570.00 ­ ­ Deepk.Ntr [2] 2218.50 2305.90 2208.05 2320.00 2208.05 393.06 2520.00 1731.00 69 2304.60 H C m
Apar Ind 6068.75 6321.30 6068.75 6450.00 5990.30 706.89 6450.70 1357.50 31 6305.55 Delhivery 427.95 449.45 430.00 454.95 430.0014931.41 454.95 294.50 ­ ­ H M..............................................
Apcotex Ind [2] 470.10 480.45 470.10 483.55 466.25 48.47 589.05 398.00 40 479.90 Delta Corp [1] 138.90 140.50 139.65 141.65 139.10 2018.05 259.95 124.60 18 140.65 M&M [5] 1620.35 1651.55 1615.05 1658.30 1609.05 3154.79 1758.00 1124.00 20 1653.85
ApexFznFoods 248.25 253.80 249.00 262.60 248.45 618.76 285.40 185.00 50 253.80 Den Net 61.65 61.00 61.95 62.30 60.75 2514.74 69.40 25.40 10 60.97 HP M&M Fin [2] 279.55 289.20 282.50 296.40 282.5016951.80 346.40 215.70 19 288.80
APL Apl [2] 1499.20 1503.35 1490.00 1518.85 1456.60 1376.29 1806.20 1046.55 76 1501.90 DevyaniInter 175.05 181.90 176.90 183.00 176.15 2813.17 227.50 133.95 ­ ­ HPC Maan Alum [5] 140.55 137.95 140.55 142.00 137.40 98.95 159.00 35.53 16 138.05
ApolloHosp [5] 6309.80 6352.95 6280.00 6371.65 6255.55 499.28 6397.75 4078.40 93 6356.55 Dhamp.Sug 258.35 264.20 261.00 265.70 258.35 334.40 325.55 202.25 11 263.70 HP &P w MacrotecDeve 1035.40 1070.10 1033.00 1075.00 1023.50 778.83 1225.95 529.85 ­ ­
ApolloPipes 680.65 682.15 684.10 688.95 676.00 107.77 790.00 480.60 ­ ­ DhamprBioOrg 137.35 140.00 137.50 142.00 137.50 206.00 191.70 116.10 ­ ­ H G&U D MadyaBharat 269.95 271.60 273.00 274.95 270.00 10.80 669.90 255.00 ­ ­
ApolloSindo 1977.35 2095.60 1977.35 2122.00 1977.35 12.73 2652.00 1486.00 ­ ­ DhaniService 38.20 38.40 38.40 38.95 38.25 1079.53 44.50 36.80 ­ ­ H M MagadhSug&En 627.10 635.80 633.45 641.30 622.95 16.37 856.20 286.95 10 634.60
ApolloTyr [1] 532.00 540.50 535.80 547.85 525.10 3944.61 547.50 303.35 32 540.45 Dhanlk.Bk 56.40 54.80 58.50 59.00 54.0516060.34 58.70 13.50 12 54.89 H w Magn.Ven 68.55 68.45 67.05 70.00 67.05 60.86 77.45 24.05 12 68.46
Aptech 273.75 273.30 274.35 277.45 272.35 224.69 422.75 221.68 22 273.35 Dhanuka Ag [2] 1197.40 1199.55 1197.40 1232.20 1192.00 52.19 1294.90 603.05 22 1200.70 H m Mah.Holi 395.95 405.80 395.10 407.50 388.55 217.36 469.80 248.20 47 404.70
AptusValHsg 357.95 374.65 359.90 376.00 356.40 863.53 376.00 234.05 ­ ­ DharmjCrpGrd 256.40 256.30 257.10 262.05 255.35 61.67 290.00 137.00 ­ ­ HU Mah.Life 556.90 561.25 559.60 571.00 556.65 215.70 599.00 316.10 ­ 561.25
ArcheanCheIn 628.45 633.50 625.25 637.00 625.25 162.40 731.80 494.15 ­ ­ DhruvConsult 63.40 62.40 63.40 64.70 60.75 58.09 69.30 43.10 ­ ­ Mah.Scoot 7413.00 7538.70 7455.00 7587.35 7382.50 7.91 8600.00 4051.10 43 7541.00
Archidply 92.60 91.55 93.95 93.95 90.10 34.08 107.00 49.70 20 91.75 Dhun.Inv 1576.80 1492.95 1614.00 1620.00 1475.00 35.47 1630.00 562.00 45 1496.55 Mah.Seam [5] 1055.45 1052.90 1058.75 1084.35 1045.05 515.33 1099.05 299.75 13 1051.90
Archies [2] 35.90 35.65 36.50 37.70 35.25 564.75 37.50 15.65 ­ 35.64 Dhunseri Tea 266.10 264.50 266.95 275.00 259.50 101.65 274.85 181.00 ­ 264.45 H MahangrGas 1443.70 1479.25 1450.00 1488.80 1446.55 811.52 1488.30 831.00 11 1479.60
Aries Agro 241.80 290.15 243.70 290.15 242.50 2619.40 290.00 143.60 24 290.00 DhunseriVent 520.05 537.10 522.00 558.70 515.15 695.75 558.70 211.05 ­ ­ R MahaRastApexC 145.25 158.90 147.00 164.80 142.25 255.11 183.95 84.50 ­ ­
ArihantSuper 370.65 384.70 369.80 390.00 364.70 75.58 415.70 157.75 70 383.70 Diamine&Chem 505.00 515.00 507.50 520.15 503.95 7.11 588.30 446.10 ­ ­ M R MahaSteelInd 121.15 137.50 129.95 141.40 126.65 2168.30 142.00 49.50 58 137.16
ArihntCapMkt 73.90 75.35 75.00 76.35 74.55 871.18 81.00 33.25 ­ ­ DigispiceTec 39.35 41.30 40.80 41.30 39.10 1248.33 41.30 27.45 ­ ­ CC B MahindEPCIrr 149.85 147.75 149.85 154.55 146.10 222.60 162.80 83.80 ­ ­
ArmanFinServ 2292.75 2332.80 2323.70 2399.90 2286.05 21.31 2676.10 1189.45 74 2338.50 DilipBuildco 397.05 400.45 396.05 402.65 394.10 371.26 439.35 159.70 21 400.00 CC m GC MahindraLog 416.75 413.40 417.00 423.15 411.10 233.89 498.90 347.15 39 413.50
AroGranite 63.25 62.35 63.95 64.00 61.70 71.47 67.95 36.64 ­ 62.41 Dish TV [1] 20.00 19.85 20.10 20.60 19.7039269.71 24.80 12.40 ­ 19.97 CC Maithan 1094.15 1094.80 1098.00 1116.00 1074.00 130.33 1333.95 766.00 12 1094.30
ArowGreenTec 430.60 432.25 433.00 442.00 427.55 37.18 516.40 161.90 18 432.50 DishmanCarb[2] 190.25 194.45 191.40 198.00 189.85 727.03 205.50 80.05 ­ 194.40 CR Mallcom(Ind) 1065.60 1065.50 1065.00 1076.95 1060.00 3.83 1249.70 660.05 ­ ­
ArtemsMedSvc 180.60 185.10 181.35 185.85 179.75 111.86 193.70 61.45 ­ ­ DivgiTorTran 931.95 929.80 941.25 941.25 920.00 13.70 1150.00 560.00 ­ ­ DB Malu Paper 63.45 66.85 64.35 69.90 63.10 909.38 69.90 25.31 ­ 66.61
ArtiPharmLab 516.05 533.15 520.15 539.80 520.00 308.86 560.00 269.00 ­ ­ Divi'sLabs [2] 3551.70 3670.60 3585.00 3680.90 3560.05 840.78 4072.35 2730.00 74 3668.80 Man Ind [5] 416.40 437.10 422.15 440.00 405.90 1088.41 444.75 78.40 22 437.35
Arvind 313.05 315.00 319.00 319.00 306.05 1605.55 319.05 77.70 27 315.70 DixonTec(In) [2] 5862.95 5991.10 5865.00 6018.40 5800.20 588.65 6764.00 2581.80 164 5985.35 Man Infr [2] 231.45 238.70 232.00 239.90 232.00 1132.86 243.60 66.25 48 238.90
ArvindFash [4] 498.55 521.90 503.75 525.90 494.75 524.32 526.25 261.05 146 519.35 DLF Ltd [2] 786.90 802.60 786.90 806.70 782.50 7997.61 815.60 336.55 107 802.35 D C Manaksia [2] 132.45 133.25 133.90 134.85 132.55 239.25 194.05 92.50 33 133.00
ArvindSmart 521.85 535.40 522.00 540.00 511.00 112.09 538.50 225.00 49 525.25 D­Link [2] 316.75 318.55 319.95 321.00 316.05 68.80 364.95 199.55 12 318.90 D C B Manali Pet [5] 79.30 78.75 79.70 80.75 78.50 785.43 87.15 56.75 ­ 78.77
Asahi India [1] 523.15 524.95 527.50 537.30 524.00 347.79 651.20 419.80 39 524.70 DMCCSpecChem 311.90 312.70 312.95 320.00 309.05 15.75 369.80 228.25 ­ ­ B Manap.Fin [2] 183.70 184.75 184.15 185.65 179.05 7373.59 188.20 101.15 11 184.55
Asahi Song 327.40 325.70 323.75 335.00 317.30 61.58 333.70 171.10 ­ 324.30 DodlaDairy 964.55 1028.90 964.20 1044.00 959.40 310.35 1055.45 431.20 ­ ­ B Mang.Cem 679.45 665.25 684.90 687.90 661.00 256.39 783.00 234.00 32 665.20
Ashiana [2] 312.45 309.05 312.45 319.75 307.70 78.49 330.00 137.90 57 310.05 DolatAlgotec 73.90 88.65 75.35 88.65 74.00 9779.06 88.65 39.25 ­ ­ C Mang.Chem 145.30 144.30 145.90 148.20 143.10 994.73 156.25 72.45 7 144.50
Ashima 20.30 20.20 20.45 20.70 20.00 745.31 22.88 12.05 ­ 20.17 DollarInd [2] 458.40 463.75 458.00 468.50 457.95 76.25 492.00 310.25 50 464.40 G R Mang.Drug 103.45 108.35 104.70 110.00 102.85 190.11 126.00 93.85 ­ 108.18
Ashok Ley [1] 172.65 175.90 172.65 176.25 171.6014225.38 191.45 133.10 23 175.85 DOMSINDUSTR 1400.85 1404.55 1400.95 1424.90 1374.10 223.76 1568.00 1225.60 ­ ­ GP MangalamGlob 21.90 21.95 22.40 22.90 21.70 598.83 23.20 12.65 ­ ­
Ashoka Bld [5] 177.75 182.15 178.70 183.30 174.70 3388.35 183.90 71.30 20 182.20 Donear [2] 107.20 105.90 108.20 108.35 105.40 168.20 121.65 75.20 17 105.60 MangalamOrga 389.35 391.25 389.95 394.95 389.40 5.64 542.00 306.95 ­ ­
Asian Gran 73.30 70.75 72.80 73.25 70.45 2294.60 86.04 34.22 ­ 70.79 DP Wires 523.50 520.65 529.90 530.45 505.05 116.68 724.95 340.55 ­ ­ H MankindPharm 2052.40 1999.95 2064.95 2080.60 1980.00 372.15 2261.00 1242.00 ­ ­
Asian Htl­E 162.15 163.05 158.35 168.00 158.35 31.61 173.95 82.10 18 162.15 DPAbhushan 733.75 735.95 747.15 750.10 717.00 27.08 750.10 221.55 ­ ­ MANOJ VAIBHAV 314.85 313.20 314.80 319.80 311.70 103.75 382.00 202.00 ­ ­
Asian Paints [1] 2954.10 2957.85 2966.00 2971.90 2948.05 1771.24 3566.90 2694.05 53 2958.00 DPSC 25.45 24.20 24.20 25.00 24.20 2863.59 28.05 9.10 ­ ­ ManoramaInd 1896.80 1871.75 1934.00 1934.00 1864.00 18.26 2384.95 895.45 ­ ­
AsianEnrgSvc 327.90 311.50 344.25 344.25 311.50 286.34 344.25 51.50 ­ ­ Dr Reddy [5] 5840.95 6121.15 5825.05 6137.50 5807.05 1571.49 6137.45 4288.55 27 6121.45 m W Manugrph [2] 28.00 29.35 28.00 31.00 26.25 427.50 32.65 14.25 ­ 29.07
AskAutomotiv 294.45 301.05 300.00 312.00 298.00 801.55 319.70 271.40 ­ ­ DreamfolkSer 537.25 557.20 537.25 560.00 536.00 377.48 847.00 360.00 ­ ­ MP Maral Over 102.00 92.05 102.00 102.00 91.25 851.85 102.00 44.20 ­ 91.90
Aspinwall&Co 302.85 304.45 302.85 312.00 300.10 13.32 359.00 183.60 ­ ­ DrLalPathLab 2476.25 2517.40 2498.00 2526.00 2475.00 305.52 2766.85 1762.70 62 2511.55 MarathNxtgn[5] 404.65 399.25 402.00 407.45 395.90 43.38 487.00 231.15 14 398.05
AssoAlchohol 496.20 487.65 501.00 501.00 485.30 89.51 529.60 315.00 ­ ­ Dwarikesh [1] 85.00 84.95 85.65 87.20 84.80 2548.16 109.75 80.00 15 84.94 B M Marico Ltd [1] 523.15 527.85 526.50 532.55 523.30 2177.56 595.00 462.95 65 528.25
Aster Life 988.65 967.45 983.10 1002.95 959.90 39.97 1558.80 945.05 ­ 961.85 Dynac.Sys 645.70 652.70 656.20 661.00 642.05 12.81 847.00 283.30 18 652.25 C MarineElecIn 101.45 106.50 105.70 106.50 102.25 425.28 106.50 55.10 ­ ­
AsterDMHealt 431.00 442.65 431.10 444.80 429.10 569.51 449.75 201.45 112 442.40 Dynamatic 6424.60 6399.15 6350.00 6460.50 6255.65 5.92 6783.05 2327.25 129 6397.45 C m Marksans [1] 147.00 155.35 147.35 156.90 145.60 2191.31 179.10 60.65 59 154.85
Astra Mic [2] 551.00 576.85 554.00 579.85 554.00 413.57 634.20 213.15 87 576.55 DynamicCable 417.20 458.90 435.00 458.90 430.00 72.66 521.30 383.50 ­ ­ G Maruti [5] 9951.65 10186.90 9959.30 10235.60 9913.00 997.02 10930.00 8127.05 29 10183.30
Astral Poly [1] 1876.45 1830.40 1842.00 1884.00 1807.10 1742.85 2057.95 1297.90 87 1832.05 DynemicProd 283.00 281.45 283.00 284.80 275.55 27.94 424.35 231.85 179 281.60 H m MASFinServ 1003.25 996.80 1003.15 1012.25 987.15 121.53 1066.00 680.00 23 997.30
AstraZen [2] 6349.25 6616.60 6400.00 6872.00 6399.85 47.93 6877.00 3102.00 96 6637.05 M Mastek [5] 2740.15 2848.85 2718.00 2865.00 2718.00 90.09 3066.10 1475.45 78 2853.80
AtalRealtech 15.45 16.90 15.60 16.95 15.50 8090.33 88.80 11.55 ­ ­ E .............................................. N MatrimnCom [5] 549.25 554.95 553.35 558.35 544.55 26.05 720.00 497.60 25 555.15
AtamValves 202.60 201.00 205.00 205.55 199.10 38.80 270.00 136.00 ­ ­ EasyTripPlnr 46.35 47.15 46.45 48.00 46.1020306.96 56.20 37.00 ­ ­ O
B Maw.Sug 96.40 97.00 96.40 98.15 96.00 178.97 120.55 77.65 11 97.11
Atul 6181.15 6431.25 6185.00 6503.50 6176.05 87.64 7586.95 6120.00 48 6430.15 Eclerx 2666.85 2727.15 2671.90 2748.00 2669.90 45.42 2825.00 1272.00 35 2723.75 mR MAX ESTATES 290.15 291.85 298.85 298.85 282.65 52.77 339.90 242.75 ­ ­
Atul Auto [5] 583.35 568.70 583.50 616.95 565.00 702.41 692.90 305.60 180 567.30 EdelFinSer [1] 70.70 70.20 70.90 71.25 69.80 4922.41 87.80 26.37 3 70.16 ND H R MaxFinancial [2] 876.10 890.30 880.00 894.55 854.25 2901.72 1069.15 599.30 ­ 891.15
AuroPharma [1] 1156.05 1150.40 1148.15 1161.70 1121.15 6067.49 1177.00 397.30 41 1150.35 Eicher Motor [1] 3704.75 3839.60 3716.00 3852.15 3701.10 759.82 4201.70 2835.95 32 3840.60 B MaxHealthCre 736.40 780.80 734.05 797.80 722.20 4981.77 804.65 411.90 ­ ­
AUSmallFinBk 625.25 636.60 628.00 640.45 620.80 5579.39 813.00 548.15 27 636.70 EID Parry [1] 623.05 624.75 626.00 630.95 614.15 1322.80 635.05 433.30 46 624.75 H Mayur Uniq [5] 550.60 568.20 545.30 574.80 545.30 75.26 616.15 409.15 22 568.05
Ausom 81.95 91.85 82.80 95.60 82.00 335.42 104.40 51.40 44 92.15 EIH [2] 319.35 327.85 321.65 329.70 319.60 1177.24 329.35 150.45 45 327.80 ND N R N W MazagonDock 2286.45 2290.95 2299.00 2324.00 2281.55 670.89 2492.00 612.00 ­ ­
Auto Axl 2105.80 2055.60 2114.00 2178.75 1982.35 84.56 2690.00 1993.85 17 2056.30 EIH A Htl 632.70 662.35 633.00 675.00 633.00 182.28 693.60 366.00 32 663.90 Mazda Ltd 1528.25 1529.50 1551.15 1554.95 1519.55 6.87 1643.95 595.15 20 1536.75
Auto Stamp 456.10 466.90 457.35 492.00 457.35 76.35 517.45 246.15 46 466.95 Elec. Eng [2] 1085.80 1100.60 1090.00 1109.00 1063.25 468.05 1120.50 349.90 45 1100.80 O C McL.Rusl [5] 27.15 27.80 28.50 28.50 27.00 763.04 31.37 16.52 ­ 27.75
Autoline 130.15 135.80 131.70 137.00 131.30 333.83 148.49 60.10 59 135.70 Elec.Stl.Cs [1] 166.10 175.10 167.25 176.80 167.00 7483.07 176.80 31.40 24 174.95 R MCX 3345.40 3414.05 3350.00 3421.00 3342.05 302.05 3451.00 1289.20 276 3412.95
AvadSug&Egy 624.50 617.15 628.00 634.00 598.50 72.44 852.45 388.00 8 615.20 ElectMartInd 215.75 218.45 217.90 220.35 216.15 615.64 244.55 61.60 ­ ­ P MEDIASSIST 450.10 458.75 450.90 462.70 444.50 960.17 518.00 430.55 ­ ­
AvalonTech 531.60 545.95 534.95 557.45 534.90 314.89 732.10 348.00 ­ ­ Elgi Eqp [1] 607.40 614.90 612.25 617.00 607.40 278.43 622.95 361.75 64 614.30 P MedicamenBio 538.85 539.95 545.00 545.00 532.20 32.04 845.00 530.20 ­ ­
Avanti Feeds [1] 501.35 521.50 502.60 552.00 502.50 4823.00 598.60 321.15 24 521.15 ElinElectron 163.55 160.70 164.80 165.20 160.05 177.04 210.85 116.00 ­ ­ m m MedicoRemedy 84.15 82.45 85.40 85.40 79.20 419.91 100.70 64.55 ­ ­
AvenuSupmart 3687.30 3792.70 3680.00 3821.40 3652.75 353.88 4203.00 3292.65 95 3794.80 Emami [1] 498.00 499.85 499.80 512.00 498.30 1096.43 588.65 340.95 35 499.45 C MedplsHealth 719.30 716.60 722.25 725.55 709.75 142.09 978.00 605.00 ­ ­
AVGLogistics 409.80 412.80 411.70 415.90 408.05 53.62 464.00 180.00 ­ ­ EmamiPapMi [2] 131.15 130.60 130.50 134.90 129.30 133.39 155.00 100.85 100 131.05 m MegastarFood 358.85 364.60 364.00 369.00 356.05 26.33 404.95 197.00 ­ ­
AVONMORECAP 114.40 118.20 116.50 124.00 115.45 138.32 131.05 64.50 ­ ­ Emmbi Ind 130.55 127.65 133.00 133.00 126.00 120.42 138.35 73.05 39 127.50 B &C MeghmaniOrga 81.55 87.15 80.00 88.95 79.95 9800.23 104.10 71.90 ­ ­
AvroIndia 132.10 137.35 132.10 138.70 130.90 129.18 154.45 94.00 ­ ­ EMS 502.55 527.65 524.00 527.65 518.15 421.43 527.65 246.50 ­ ­ R m MenonBear [1] 141.80 143.85 139.65 147.00 139.65 315.20 166.00 92.00 26 143.75
AVT Natl [1] 91.95 92.15 92.05 93.95 91.50 285.20 104.60 74.05 32 92.24 Emudhra 453.85 457.15 455.60 459.00 450.00 88.22 534.80 206.80 ­ ­ MEP Infra 15.85 16.50 16.35 16.60 15.25 2509.53 17.50 9.50 ­ 16.48
Axis Bank [2] 1054.10 1067.75 1048.20 1084.10 1042.7012600.39 1151.50 814.25 15 1067.45 EnduranceTec 2070.25 2105.25 2099.00 2175.00 2058.60 255.31 2307.95 1171.60 63 2103.20 G MetroBrands 1154.75 1096.40 1154.75 1154.75 1095.00 447.29 1441.20 736.05 ­ ­
AxisCades [5] 800.35 798.45 804.00 807.00 793.00 46.70 848.00 248.20 ­ 799.10 Eng.India [5] 232.90 233.85 233.90 237.95 231.00 6894.73 255.00 70.10 31 233.95 w Metrpolhelth [2] 1586.90 1632.40 1580.00 1641.00 1580.00 301.10 1754.05 1176.05 64 1633.00
AxitaCotton 27.10 27.10 27.50 27.65 27.00 2009.00 40.60 24.55 ­ ­ Ent.Net.Ind 240.65 243.10 240.00 250.30 240.00 117.50 259.00 109.70 219 243.25 BK MFL 113.20 114.85 113.80 116.70 112.25 1138.36 24.70 12.15 ­ ­
AYM Syntex 84.60 81.35 82.65 85.95 81.00 52.40 92.00 52.50 ­ 81.36 EPACK DURABLE 207.60 210.65 209.90 216.70 209.00 2510.34 224.50 206.20 ­ ­ w MicElectronc 34.80 36.50 35.40 36.50 33.25 406.79 48.00 12.15 ­ ­
AzadEngineer 854.30 961.25 919.00 1013.40 892.30 8395.20 1013.40 642.40 ­ ­ Epigral 1015.85 1040.65 1028.15 1049.00 1011.00 83.84 1183.90 815.00 ­ ­ m Minda Corp [2] 408.65 412.50 409.00 415.00 406.00 485.30 415.00 187.00 38 412.15
EPL 194.60 202.10 195.15 203.10 195.10 1405.64 236.15 147.00 ­ ­ N O DG MindTec(Ind) 234.35 241.35 235.15 244.00 233.00 132.26 279.55 101.20 38 240.60
B .............................................. EqitsSmlFnBk 105.55 103.75 106.35 106.60 102.50 5194.40 116.50 52.25 ­ ­ Mirc Ele [1] 19.40 19.35 19.30 20.35 19.00 2020.31 25.59 11.10 ­ 19.39
Bajaj Auto 7566.40 7667.55 7566.40 7686.00 7515.10 336.87 7682.15 3625.05 31 7663.55 ErisLifeSci [1] 917.30 916.25 924.20 939.70 906.00 2278.26 971.00 550.90 30 915.75 MishDhatuNig 508.55 516.50 510.00 519.90 507.00 1209.77 538.00 172.80 71 515.95
Bajaj Elect [2] 1044.85 1047.85 1047.40 1065.00 1039.75 49.52 1175.70 881.40 59 1046.20 Eros Intl 25.45 25.75 25.60 26.30 25.45 892.04 32.10 17.20 ­ 25.73 MittalLifSty 2.35 2.30 2.35 2.35 2.30 7041.93 18.50 1.55 ­ ­
Bajaj Hind [1] 30.85 31.00 31.10 31.85 30.8518970.75 35.80 11.48 ­ 31.01 Esab Ind 5366.15 5499.45 5397.00 5577.00 5371.00 4.32 6542.65 3221.35 53 5501.65 MM Forg 914.70 919.70 919.30 934.00 915.40 38.71 1098.95 800.05 17 918.85
Bajaj Hld 8251.65 8366.30 8251.65 8393.55 8211.00 35.25 8568.10 5791.05 54 8360.05 ESAFSFB 69.15 69.25 69.25 69.60 68.90 1079.25 75.40 66.05 ­ ­ NNO C P B MMPIndustris 237.25 248.40 235.00 254.85 234.80 248.91 254.85 164.05 ­ ­
BajajConCare[1] 215.15 219.20 216.60 222.65 216.15 333.15 262.75 150.55 20 219.15 Escorts 3018.25 2983.25 3030.00 3043.10 2976.35 204.36 3435.20 1809.95 36 2982.00 NO ND MMTC [1] 79.25 80.85 79.70 83.50 78.85 8915.57 89.04 26.36 ­ 81.04
BajajFin [2] 6817.20 6862.90 6820.00 6921.00 6812.00 1810.51 8190.00 5487.25 35 6863.80 Essar Shp 31.10 31.40 31.10 32.30 30.70 532.88 39.02 7.53 16 31.39 W MODISON 132.25 158.70 133.30 158.70 133.30 2312.05 158.70 70.25 ­ ­
BajajFinserv [1] 1590.55 1627.30 1594.00 1632.00 1585.00 1486.44 1741.85 1216.10 222 1627.15 Ester [5] 94.90 95.85 95.70 99.45 94.95 225.09 134.95 80.21 ­ 96.03 Mohit Ind 23.65 23.45 23.15 24.25 22.50 166.21 24.30 11.00 ­ 23.58
BajajHealth 336.55 333.95 341.60 342.95 333.15 83.08 513.40 275.70 ­ ­ Ethos 2486.80 2498.30 2461.95 2540.00 2451.60 57.55 2550.00 915.05 ­ ­ D MOIL 348.10 347.00 350.00 356.70 345.00 2242.46 364.00 140.65 26 346.85
BajelProject 173.65 182.25 174.50 183.90 170.00 905.89 204.90 108.25 ­ ­ Ever.Kanto [2] 135.55 142.55 136.60 145.10 135.60 2800.65 153.05 66.05 37 142.45 MokshOrnamnt 17.00 18.65 17.05 19.55 16.55 1410.09 19.55 13.75 ­ ­
Bal Phr 118.30 126.25 119.95 127.80 118.85 263.93 127.50 63.40 31 125.10 Everady [5] 359.15 358.85 359.80 365.00 357.10 179.58 441.55 273.40 77 359.65 G Mold­TekPac [5] 833.80 846.60 835.00 854.10 825.05 52.73 1123.05 830.00 38 844.35
Balaji Amn [2] 2299.25 2438.70 2299.50 2494.95 2279.00 217.63 2736.35 1872.90 56 2437.20 Everest Ind 1288.75 1283.95 1288.00 1320.00 1265.55 11.40 1448.10 681.00 75 1292.35 C Mold­TekTec [2] 271.50 270.50 272.50 272.95 268.35 99.65 398.45 158.10 23 271.80
Balaji Tele [2] 87.40 88.45 87.70 89.20 87.50 290.77 100.73 35.30 13 88.44 Excel Ind [5] 884.30 902.85 886.00 913.45 881.90 21.55 1123.85 758.00 44 899.30 O C m MonarchNetwr 588.20 593.05 590.00 605.00 583.20 434.83 605.00 190.00 ­ ­
Balkrishna [2] 2452.15 2454.25 2457.50 2467.05 2424.00 404.94 2793.70 1912.30 39 2457.40 Exide [1] 318.00 334.95 320.00 336.00 318.70 7916.85 342.35 170.50 29 334.80 Monte Carlo 701.15 694.60 701.15 710.00 691.25 26.22 918.00 530.50 13 693.95
BalmerLaw 284.30 284.80 285.90 290.60 279.50 2258.06 290.15 108.60 26 285.05 ExpleoSolu 1383.30 1379.45 1389.00 1395.90 1374.00 16.37 1777.20 1200.00 ­ ­ PC Morepan [2] 46.65 52.80 47.00 53.60 46.6538373.99 53.58 24.00 46 52.81
Balrampur [1] 393.40 395.45 395.00 396.90 392.15 1020.24 485.80 349.50 17 395.45 ExxaroTiles 118.45 118.35 118.80 120.00 117.35 175.88 152.00 98.65 ­ ­ P N Most.Fin [1] 1744.75 1788.40 1760.00 1794.00 1734.65 278.02 1860.10 550.75 25 1787.50
Ban.Amn.Sp [5] 57.30 57.45 57.80 59.00 56.60 1136.31 59.87 33.80 ­ 57.12 RB MothersonSum 63.50 65.05 64.50 65.75 63.3517288.75 68.00 45.15 ­ ­
Banar.Beads 104.15 104.50 106.00 108.00 103.25 83.66 112.87 71.00 29 104.89 F .............................................. MOTISONS JEW­
Banco Ind [2] 713.70 714.85 717.00 726.95 701.30 122.73 733.00 190.05 23 714.30 Fact 846.15 862.55 851.00 867.00 840.15 497.02 908.95 192.50 98 861.15 B ELLERS 186.45 190.55 184.05 195.75 184.05 1748.95 248.15 88.85 ­ ­
BandhanBank 223.45 229.00 224.05 229.45 223.1010725.61 272.00 182.20 14 228.95 FaircheOrgan 1239.80 1250.35 1244.00 1258.85 1235.05 9.08 1399.90 904.90 ­ ­ C Mphasis 2603.50 2598.50 2587.00 2602.05 2551.85 300.42 2788.35 1660.65 33 2598.65
Bans.Syn [5] 160.25 155.00 159.95 159.95 154.15 86.51 188.50 107.00 10 154.70 Fazethree 415.30 459.55 425.95 477.05 415.40 117.78 540.00 251.00 ­ ­ RM N RG MPS 1492.25 1477.90 1485.00 1507.00 1470.00 14.51 1884.20 809.30 24 1478.65
BarbequeNatn 624.30 633.85 632.00 638.90 626.30 66.52 958.15 592.00 ­ ­ FCS Soft [1] 4.90 5.30 4.95 5.35 4.9061103.48 5.60 1.84 ­ 5.31 R C MRF 140619.85 142577.40 141000.00 142844.95 140500.10 11.63 150000.00 81390.95 36 142505.05
BASF 2960.85 3037.70 2981.90 3061.95 2967.90 17.75 3195.00 2195.00 38 3034.95 FDC [1] 415.35 417.45 417.45 444.90 415.60 785.78 455.90 245.00 26 418.00 H Mro­Tek [5] 64.45 62.75 66.00 66.00 61.65 35.87 73.00 51.00 ­ 63.53
Bata India [5] 1460.35 1488.45 1460.00 1491.40 1455.60 439.83 1770.10 1380.85 61 1488.30 Fed Bk [2] 145.10 147.30 145.50 148.40 144.6018544.71 159.25 120.90 10 147.25 M MRPL 179.30 177.05 179.30 180.70 176.00 1877.28 185.85 49.20 7 177.10
Bayer Crop 5753.75 6002.05 5760.00 6166.00 5760.00 53.90 6162.00 3922.45 35 5991.20 Fed.Goetze 369.55 371.90 370.00 379.95 370.00 198.61 431.40 285.00 18 371.75 C MrsBectrFood 1174.00 1189.35 1168.20 1200.00 1160.00 107.02 1373.95 446.10 ­ ­
BCLIndust 73.50 73.15 74.00 74.35 72.70 909.94 588.00 47.10 ­ ­ FederalFin 131.00 131.35 131.05 131.80 130.70 245.55 153.60 129.95 ­ ­ DC m MSTC 1107.45 1060.85 1140.00 1165.00 1045.00 1175.00 1165.00 239.00 ­ ­
BEL [1] 187.90 185.90 188.20 189.10 184.8523757.42 196.25 88.30 38 185.85 FiberwebInd 39.95 41.00 40.00 41.50 39.95 174.61 43.50 27.05 ­ ­ DC MtarTech 2089.65 2100.55 2098.00 2115.45 2066.60 178.29 2920.35 1473.00 ­ ­
BEML 3512.25 3505.30 3535.05 3661.00 3481.50 964.04 3658.30 1129.10 72 3506.05 Fiem Ind 2393.10 2386.85 2415.70 2420.00 2376.00 38.08 2587.95 1420.80 21 2389.55 MTNL 43.90 49.85 44.00 51.80 43.9071591.51 51.83 16.60 ­ 49.88
BEMLLandAset 222.00 227.95 223.70 234.00 221.25 1434.00 234.00 136.00 ­ ­ Filatex [1] 62.05 61.95 62.30 64.60 61.60 4840.91 64.64 31.60 44 62.00 MUFINGRNFIN 230.00 229.65 240.80 240.80 226.00 593.63 240.80 108.05 ­ ­
BergrPaintIn [1] 561.80 565.15 562.10 567.10 558.00 554.08 679.05 439.66 68 564.95 Fin.Cable [2] 1087.20 1100.20 1089.65 1103.60 1087.00 176.32 1219.10 525.75 30 1099.50 J Mukand 186.10 186.05 187.40 190.30 185.30 176.91 212.50 115.50 13 186.35
BF Inv [5] 529.15 530.45 529.15 545.00 527.10 66.39 593.20 303.35 26 527.45 FineOrgInd [5] 4583.00 4723.90 4560.00 4737.30 4553.80 32.04 5197.95 4030.65 31 4716.85 &K B Munj.Auto [2] 106.70 104.85 107.00 108.40 104.20 218.05 115.36 35.55 32 104.90
BF Util [5] 597.85 604.40 597.00 614.00 595.05 199.16 816.00 283.00 360 603.50 FineotexChe [2] 335.15 340.70 336.90 342.60 334.80 272.23 392.20 208.45 48 340.35 Munj.Showa [2] 181.80 196.80 183.70 199.95 183.00 1137.71 203.20 83.40 24 197.05
BGR Engy 92.40 94.15 92.85 95.15 92.50 337.34 119.00 44.25 ­ 94.31 Fino.Ind [2] 215.15 222.35 214.95 223.35 214.95 838.49 259.90 158.00 30 222.20 P MusicBrdcast 20.25 20.25 20.25 20.60 20.10 1214.46 21.80 9.70 ­ ­
Bhageria Ind [5] 166.55 166.00 169.00 170.20 165.20 44.05 182.70 111.60 42 166.30 FinoPaymntBk 327.55 329.80 328.50 345.00 323.00 446.01 379.50 191.20 ­ ­ C Muthoot Cap 329.75 329.05 331.95 334.15 326.45 46.61 458.00 235.95 6 329.30
BhagiradaChm 1440.25 1433.25 1440.60 1452.00 1404.05 26.80 1730.00 1000.00 ­ ­ Firstsource 201.50 204.60 202.15 206.35 198.25 3243.60 217.05 103.55 57 204.60 D R MUTHOOTMICR 254.30 253.75 260.00 262.00 253.05 914.62 281.00 227.45 ­ ­
BhagngrInd [2] 95.55 94.85 95.55 96.60 93.85 79.52 110.70 43.60 7 94.75 FiveStrBusFn 758.85 761.80 756.00 783.20 753.05 533.59 876.55 496.10 ­ ­ MuthootFinan 1389.85 1394.95 1393.00 1397.45 1375.35 201.13 1537.40 911.40 15 1394.60
BhandariHos [1] 8.95 9.75 9.25 9.80 9.10 4314.81 9.90 3.53 ­ 9.74 FlairWriteIn 334.10 329.35 334.10 336.00 327.00 155.09 514.40 321.00 ­ ­ m
Bhans.Eng [1] 106.95 106.50 107.45 108.65 105.50 752.90 117.95 58.10 17 106.25 FocusLtg&Fix 195.50 194.65 194.55 197.80 193.65 152.68 898.40 146.05 ­ ­ N ..............................................
Bharat Bij 5303.60 5265.90 5281.90 5403.25 5230.00 30.10 5430.20 2395.40 27 5255.25 Foods&Inns 153.45 152.45 155.50 158.00 151.50 202.26 222.20 111.40 ­ ­ B NaclInd [1] 72.85 74.50 73.30 75.50 73.30 242.56 105.00 71.70 ­ 74.39
Bharat For [2] 1208.90 1235.25 1210.95 1243.95 1204.00 892.79 1298.50 744.00 47 1235.20 Fortis Hlt 420.00 431.90 421.35 433.05 421.25 1120.86 449.00 245.40 ­ 432.15 NagarjunFert [1] 15.25 14.65 15.50 15.85 14.50 8901.50 15.85 7.81 ­ 14.62
Bharat Gea 120.85 119.50 122.45 122.60 119.00 62.64 153.00 96.00 ­ 119.35 Foseco 3581.60 3701.90 3572.45 3738.25 3569.45 2.60 4149.25 1886.95 40 3697.40 N Nah.Cap [5] 309.20 327.20 311.15 332.60 311.00 65.76 358.00 242.00 18 325.70
BharatDynamc 1702.30 1707.05 1703.30 1723.00 1691.30 422.15 1839.60 786.85 66 1707.45 FSNEComVent 165.30 163.25 165.35 166.85 162.65 4044.15 195.50 114.25 ­ ­ Nah.Ind 133.20 138.90 133.80 142.00 133.55 303.47 156.00 84.05 49 138.90
BharatRdNwk 91.60 93.60 92.20 96.00 92.15 722.05 97.50 24.50 ­ 94.03 FusnMicroFin 635.05 648.95 630.00 674.85 627.45 957.57 691.00 370.10 ­ ­ BC m Nah.Poly [5] 229.50 236.60 232.50 244.25 230.55 75.44 292.65 198.00 209 237.65
Bharti Air [5] 1158.65 1170.70 1159.00 1175.05 1146.20 5981.97 1200.95 736.20 148 1170.70 BM Nah.Spg [5] 298.60 322.75 299.90 333.00 299.90 1212.16 332.75 213.80 ­ 322.50
BHEL [2]
BigBlocCons [2]
227.95
183.20
228.25
177.70
228.00
182.30
232.25
183.85
225.1019835.65
176.35 148.24
234.40
203.40
66.30 ­ 228.25
116.85 92 178.25
G .............................................. NakodaGroup 63.10 64.05 64.00 67.05 63.15 356.70 73.65 36.50 ­ ­
Gabriel [1] 370.00 383.70 370.00 385.00 363.80 241.09 440.00 129.50 36 383.10 H Nalco [5] 145.60 148.85 146.90 150.00 146.2531011.59 150.00 75.65 20 148.80
BikajiFoodIn 581.90 591.70 593.00 603.55 586.65 316.35 605.90 341.30 ­ ­ GACM TECHNO 6.95 6.85 7.05 7.05 6.75 447.35 16.20 6.30 ­ ­ P Nalwa Son 3398.30 3353.05 3461.95 3598.00 3301.20 31.00 3548.45 2000.00 42 3361.75
Biocon [5] 260.00 268.40 261.15 270.35 260.00 4943.29 294.65 191.60 ­ 268.50 Gail(India) 172.00 172.60 173.00 174.50 170.3529140.36 177.10 91.00 16 172.60 D Nandan Den 28.85 30.25 28.50 30.25 28.40 772.97 32.79 15.01 ­ 30.20
BioflChm&Pha 70.55 67.25 70.60 72.00 66.15 228.00 75.45 35.14 ­ 67.22 GalaxSurfact 2781.45 2757.75 2768.00 2846.70 2716.05 43.69 2989.35 2217.50 43 2792.70 P NarayaHru 1250.50 1316.85 1252.20 1338.00 1252.20 1170.89 1338.00 705.55 80 1316.15
BirlaCable 273.45 281.10 279.00 286.50 272.50 114.76 432.55 118.85 22 281.10 Gallant Mtl 194.40 191.80 194.50 194.70 188.00 243.94 202.60 46.00 23 191.90 P NarmadAgrbas 27.25 32.30 30.95 32.70 29.35 5349.72 32.70 17.80 ­ ­
BirlaCorp 1528.10 1532.85 1532.85 1583.95 1524.05 194.07 1585.00 843.05 86 1532.60 Gandhi Tub [5] 790.85 793.35 797.95 797.95 783.10 12.68 865.00 457.05 20 793.40 w Natco Phr [2] 870.40 865.80 874.95 885.50 862.40 543.97 928.45 502.00 15 865.10
Birlasoft 845.25 848.45 844.00 854.60 840.10 1361.38 858.75 250.25 ­ ­ GandhrOilRef 245.70 245.30 246.10 251.30 244.70 622.71 344.05 244.70 ­ ­ &P Nath Bio­Gen 218.55 219.65 218.55 221.50 218.15 49.09 243.70 128.30 11 219.45
Bk of Ind 138.65 138.95 139.25 141.40 136.3018743.90 141.35 66.05 12 138.90 Ganesh Hsg 715.25 737.70 716.15 763.10 716.00 168.46 794.00 261.30 26 737.35 W Natl Build [1] 127.05 129.45 127.60 130.60 124.5560425.17 136.20 30.96 62 129.40
Bk of Mah 53.75 55.25 53.95 56.10 53.5070701.16 56.10 22.80 11 55.29 Ganesha Ecos 1058.60 1130.50 1051.00 1139.95 1051.00 258.56 1158.95 796.05 41 1131.80 Natl Fert 122.20 126.00 122.20 127.70 122.2010094.92 130.45 55.00 98 126.02
Bk ofBar [2] 237.45 247.60 238.90 250.00 232.0563750.71 249.85 146.50 8 247.70 GaneshBenzop 199.25 199.25 201.70 203.90 191.40 1905.23 209.45 132.25 ­ ­ KC m Nava 474.60 474.25 475.80 478.30 464.10 530.61 496.95 213.30 ­ ­
BL Kash [1] 65.25 67.05 65.65 68.00 65.50 1639.59 76.93 26.10 28 67.02 GardenReach 902.90 930.95 930.00 943.75 911.05 1162.41 973.95 398.75 38 931.00 K C m Navin Flu [2] 3308.05 3417.50 3310.00 3425.00 3286.80 282.09 4922.00 3287.00 59 3417.70
BlackBox 283.90 284.00 288.95 294.90 281.35 77.39 312.20 84.40 ­ ­ GarwareHiTec 1660.70 1694.95 1660.75 1705.00 1635.50 15.50 1778.95 491.35 ­ ­ KP Navkar Corp 109.20 113.05 110.00 116.10 108.80 1633.22 125.00 44.45 ­ 113.00
BLB [1] 30.75 33.80 30.95 33.80 30.85 1500.26 34.70 18.00 27 33.72 GarwarTecFib 3437.85 3466.80 3435.10 3529.55 3435.10 35.51 3830.05 2586.95 38 3469.65 K Navneet Ed [2] 150.65 153.50 151.95 156.00 151.95 470.48 176.15 88.12 16 153.40
Bliss GVS [1] 113.25 112.30 114.20 115.00 111.55 547.19 148.95 69.15 17 112.20 GatwayDistri 107.20 112.25 107.20 113.55 107.20 1321.01 120.95 58.55 ­ ­ m NazaraTech 870.00 889.35 867.00 895.00 867.00 278.20 989.40 481.85 ­ ­
BLSIntlServ [1] 409.45 420.00 412.90 422.35 401.15 6680.09 422.75 149.70 ­ 418.65 GE Ship 990.80 990.55 995.00 1014.30 976.80 634.22 1043.30 532.00 6 990.25 M NCC [2] 210.90 215.45 211.95 216.80 211.30 5349.26 219.70 86.30 24 215.30
Blue Dart 6460.80 6509.20 6460.80 6543.75 6425.00 12.63 7649.90 5633.00 55 6510.45 Geecee 277.70 279.00 281.70 286.50 275.65 46.14 289.95 122.05 ­ 278.40 NCL Ind 238.85 246.70 241.05 249.90 240.95 1239.30 249.95 155.25 15 247.00
BlueStar [2] 1100.20 1139.50 1105.00 1150.00 1092.00 1115.75 1150.00 600.03 80 1138.60 Genesys [5] 500.35 515.80 502.00 540.00 499.45 468.46 540.05 267.00 79 515.85 C H NDTV [4] 276.35 270.70 268.00 275.50 265.50 779.86 306.55 167.05 ­ 270.85
BlujetHealth 367.40 354.15 368.00 368.00 351.95 402.97 433.40 319.50 ­ ­ GenInsCorpIn[5] 374.80 376.75 377.50 385.45 371.30 1554.74 391.00 127.80 11 376.65 Nect.Life [1] 34.45 36.50 34.60 37.40 34.60 3098.13 37.40 14.36 ­ 36.58
Bodal Chem [2] 83.55 86.30 83.75 86.90 83.40 1225.84 94.33 55.00 ­ 86.24 GenricEngCon 49.25 51.70 47.35 51.70 47.35 111.35 60.60 35.95 ­ ­ P Nelcast [2] 165.15 161.40 165.15 166.15 160.25 243.93 194.50 85.58 35 161.45
BodhiTreeMul 212.00 212.60 212.00 214.90 211.05 48.83 221.90 122.60 ­ ­ GensolEngg 892.35 866.20 897.95 900.00 860.00 180.43 2527.05 708.90 ­ ­ w Nelco 801.60 793.80 806.80 810.40 792.00 124.03 894.00 487.00 73 794.35
Bomay Bur [2] 1671.05 1734.20 1671.05 1739.70 1654.05 229.79 1740.00 780.65 ­ 1736.25 Genus P&B [1] 26.80 25.10 26.80 26.80 24.5510928.93 26.95 12.65 ­ 25.15 NeogenChem 1410.70 1463.55 1410.00 1469.00 1400.00 39.23 1859.30 1140.00 ­ ­
Bombay Dye [2] 181.50 185.70 182.85 190.00 182.35 3364.43 191.50 53.37 ­ 185.75 Genus Pwr [1] 256.95 264.60 253.00 268.40 253.00 678.45 290.00 78.82 125 264.85 W Nesco [2] 840.85 859.80 848.75 869.90 846.05 93.86 923.00 505.25 19 861.00
BombySuprHyb 253.80 251.60 253.80 255.80 250.10 33.50 301.95 214.10 ­ ­ GeojitFinSer 85.95 85.70 86.45 86.65 84.55 947.35 90.00 39.15 ­ ­ WH NestleIndia [1] 2492.05 2506.00 2509.00 2511.75 2481.70 716.09 2770.75 1788.80 84 2505.50
Borosil 346.45 351.80 347.45 358.60 347.00 168.33 382.20 333.20 ­ ­ GEPowerIndia 249.60 247.25 251.75 251.75 245.60 162.17 286.45 97.45 ­ 247.75 WN R NetwebTecInd 1408.75 1396.75 1420.95 1435.75 1389.10 70.84 1532.75 738.60 ­ ­
BorosilRenew 592.35 630.60 595.15 637.30 577.00 2118.24 643.00 380.00 ­ ­ GFL 94.30 93.55 94.45 96.15 92.65 185.47 118.45 45.35 ­ ­ W Neuland 6284.80 6413.65 6300.05 6509.15 6205.05 43.28 6799.90 1323.10 31 6406.20
Bosch 23875.40 23568.15 23870.00 24050.00 23500.00 31.09 24116.35 16611.05 45 23569.35 Ghcl 577.65 584.55 578.00 590.00 573.10 227.46 659.00 448.08 6 584.30 K NglFineChem 1955.85 1898.90 1931.00 1931.00 1893.40 5.26 2439.95 1175.05 ­ ­
BPCL 504.20 502.35 505.95 512.55 498.5510353.87 517.85 314.10 4 502.50 GhclTextiles 78.00 80.05 78.20 84.30 78.10 1536.85 92.50 62.50 ­ ­ NHPC 87.60 90.95 88.45 91.75 87.85 139472.85 92.00 37.80 24 90.99
BPL 115.75 113.30 115.85 117.00 111.05 487.63 123.95 46.82 37 113.24 GIC Hsg 251.10 256.20 253.35 259.95 251.50 533.73 273.70 144.70 8 255.85 NIIT [2] 125.45 124.30 125.95 127.35 123.70 1506.09 154.63 68.32 ­ 124.35
BrandConcept 907.10 888.05 919.00 919.00 877.00 20.47 966.10 205.95 ­ ­ Gillette 6689.05 6585.90 6699.90 6791.00 6544.00 37.33 7318.10 4140.00 59 6591.10 NIITLearnSys 420.95 471.30 421.00 480.00 420.60 1077.83 514.00 342.30 ­ ­
Brigade 987.20 1025.25 996.70 1038.00 991.65 371.04 1065.15 443.75 83 1025.55 Ginni Fil 41.05 43.10 41.85 43.10 41.25 664.37 43.10 16.70 ­ 43.10 P Nila Infras [1] 11.25 11.40 11.35 11.80 11.30 3511.72 11.70 4.23 ­ 11.40
BrightcomGr [2] 17.90 20.15 18.60 21.10 18.30 133541.02 36.82 9.27 ­ 20.15 GlandPharma 1888.30 1956.55 1888.30 1998.55 1882.50 233.38 2057.60 861.00 ­ ­ Nilkamal 2165.95 2162.25 2175.00 2211.65 2150.00 3.49 2800.00 1671.60 27 2157.00
Britannia [1] 5091.75 5198.40 5091.75 5220.00 5031.75 549.24 5386.25 4154.00 58 5200.15 Glaxo Phr 2197.65 2249.90 2218.75 2274.25 2210.00 199.27 2375.00 1228.00 60 2247.90 M NINTECSYSTEM 538.65 534.30 541.30 564.00 513.05 9.42 649.15 246.00 ­ ­
Brooks Lab 147.25 148.10 150.05 152.50 145.15 73.40 185.15 56.50 ­ 148.50 Glenmark [1] 895.75 910.20 898.00 922.70 897.00 1399.29 922.25 372.80 19 909.70 W Nippo Bat [5] 652.45 649.40 658.95 658.95 641.10 6.65 856.00 284.35 120 650.60
BSE 2187.80 2323.60 2209.20 2342.85 2185.00 1093.72 2595.00 406.20 ­ ­ GlnmarkLifSc 840.05 872.55 845.00 878.30 842.00 269.42 878.30 370.00 ­ ­ H NipponLIAM 520.50 524.75 519.95 537.20 519.05 1155.28 541.40 196.90 ­ ­
BSL 209.30 211.15 209.30 214.95 207.35 13.17 236.80 146.15 14 211.20 Glob.Spr 811.05 812.10 810.00 817.50 808.85 63.16 1326.25 739.50 20 812.15 D NirajCement 56.15 60.10 56.60 61.50 56.15 832.54 61.50 37.25 ­ ­
BtrflyGandhi 989.60 983.35 989.65 1000.10 979.95 23.97 1477.45 979.85 41 984.70 GlobalEductn 299.20 310.10 303.00 317.80 302.00 149.83 382.70 136.30 ­ ­ Nitin Spn 350.35 361.80 347.80 368.65 347.80 532.50 369.00 199.45 16 361.30
GlobalHealth 1115.80 1148.30 1125.90 1174.80 1115.80 387.94 1174.80 426.15 ­ ­ O CNC U O NLC India 254.55 259.30 255.90 262.40 253.60 5556.52 266.45 69.79 20 258.80
C .............................................. GlobalSurfac 300.60 300.20 303.00 310.85 299.00 456.14 321.00 167.50 ­ ­ Nmdc [1] 219.70 219.85 220.50 221.95 218.40 7226.12 227.35 103.75 13 219.85
Cambridge 83.30 81.45 84.45 85.00 81.00 115.78 88.00 46.00 43 81.35 GM Brew 642.90 650.75 644.90 654.80 644.70 29.36 808.40 509.00 12 650.95 K NMDC STEEL 65.80 69.65 66.20 70.90 65.3039003.91 70.90 29.75 ­ ­
Camlin Fine [1] 127.20 129.45 127.90 131.30 127.70 394.67 186.25 124.10 78 129.25 Gmdc [2] 451.20 458.00 454.80 461.00 452.15 1946.72 502.15 122.75 14 457.70 K Nocil 269.05 269.30 268.00 273.50 266.70 499.66 285.30 199.05 42 269.00
CampsActWear 270.35 275.80 270.00 277.65 269.95 541.27 424.70 237.80 ­ ­ GMMPfauder [2] 1529.35 1552.10 1549.00 1561.45 1533.45 89.65 1896.75 1350.00 78 1551.00 K C NRAgarwalInd 501.40 509.05 512.00 519.40 497.05 26.24 527.25 196.25 ­ ­
Canara Bk 477.35 482.00 478.55 485.00 471.85 6643.28 485.20 268.85 6 481.85 GMR Inf [1] 78.80 78.35 78.80 79.25 77.3526944.36 88.70 36.45 ­ 78.27 K C m NRB Bear [2] 342.40 344.15 344.75 352.95 342.00 197.39 400.75 125.05 34 345.10
CanFinHom [2] 764.35 776.40 767.05 779.45 764.35 461.47 905.00 508.50 15 776.45 GmrPwr&Urbn 51.10 51.15 51.20 51.90 50.55 1469.76 57.70 14.35 ­ ­ K P PRO C NTPC 315.45 317.50 318.55 320.00 312.6020931.22 325.70 162.65 17 317.55
Cantabil [2] 250.90 253.35 251.00 255.00 249.55 180.15 278.75 160.10 32 253.70 GNA Axles 495.80 488.10 496.00 499.95 485.90 93.31 582.05 361.13 16 487.85 K NupurRecycle 109.15 109.45 109.50 112.90 108.00 85.11 130.00 86.05 ­ ­
CapaciteInfr 262.50 263.20 262.00 269.50 261.50 816.83 294.85 108.90 27 262.70 GNFC 738.25 751.10 742.00 752.75 738.30 608.99 814.85 484.45 13 750.85 K NURECA 369.55 381.45 368.00 392.95 364.55 48.19 468.80 295.10 ­ ­
Caplin Point [2] 1448.45 1448.35 1455.00 1456.00 1436.10 107.57 1550.00 575.00 40 1447.25 Goa Carb 747.20 740.40 751.00 758.90 733.05 85.53 798.80 391.80 8 740.70 K w NuvamaWealth 3571.40 3574.70 3600.00 3623.35 3519.95 43.62 3799.95 2100.00 ­ ­
CapriGlo [2] 948.05 947.65 947.00 955.90 942.70 110.11 1048.40 565.85 103 947.35 GOCL Corp [2] 497.35 495.30 501.30 502.00 492.50 46.17 640.00 278.25 50 494.85 K m H NuvocoVistas 355.25 361.40 355.00 364.90 355.00 854.46 398.00 288.00 ­ ­
CARE 1032.25 1030.90 1026.25 1042.75 1010.55 69.31 1060.80 590.00 28 1031.50 God.Pow.Isp [5] 743.90 761.60 743.90 765.00 742.00 286.79 799.00 338.00 13 761.00 K m
CartradeTech 730.20 729.40 744.90 744.90 727.10 54.57 899.65 340.15 ­ ­ Godfrey [2] 2252.35 2459.95 2272.65 2645.30 2267.20 1693.52 2646.75 1605.05 16 2466.25 K m O ..............................................
Carysil 850.65 862.40 858.70 898.00 844.95 363.43 980.00 432.00 ­ ­ Godrej Cons [1] 1171.80 1164.20 1175.00 1175.00 1150.15 1918.13 1229.95 895.00 66 1164.15 K C m Oberoi 1301.30 1323.70 1302.00 1326.65 1297.45 451.85 1586.15 798.15 77 1323.65
CastrolIndia [5] 191.60 196.70 193.00 197.90 190.60 7640.59 197.90 107.70 24 196.55 Godrej Ind [1] 879.65 899.90 883.20 902.40 861.95 542.69 908.50 395.20 ­ 899.80 K P OdishaCeme [2] 2260.05 2279.80 2260.05 2294.95 2256.65 298.50 2428.85 1708.30 225 2276.35
CCL Prd [2] 673.05 671.05 671.00 688.25 667.60 492.30 750.00 522.10 53 672.15 Godrej Pr [5] 2373.15 2377.15 2373.15 2409.35 2361.25 433.74 2456.85 1005.70 103 2377.65 K N Oil India 429.10 426.50 433.85 433.85 418.55 3512.75 443.15 210.20 6 426.40
Ceat 2649.05 2650.50 2668.00 2785.00 2610.00 535.58 2997.25 1357.60 16 2652.00 GodrejAgrovt 537.50 555.85 542.85 557.50 538.55 249.79 577.00 391.20 28 555.30 K B OlectrGrnTec 1682.15 1742.05 1684.40 1768.45 1682.55 2022.25 1808.00 374.10 ­ ­
CEInfoSystem 1932.55 1963.80 1939.90 1967.70 1912.55 106.65 2343.95 984.05 ­ ­ GoFashionInd 1087.30 1105.70 1097.90 1134.80 1085.35 103.46 1404.70 876.05 ­ ­ K Omaxe 97.35 100.60 98.25 102.20 95.55 569.45 102.99 42.39 ­ 100.91

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OMDC [1] 7217.55 7426.40 7268.00 7599.00 7177.50 81.74 8342.35 2295.00 ­ 7423.55 SakarHealth 429.90 426.80 431.90 437.60 420.70 43.92 479.00 191.30 ­ ­ TejasNetwork 748.15 785.45 753.00 789.20 750.00 802.07 940.00 510.00 ­ ­ Birla Nifty [100] 24.49 24.69 80.15 5991.00 5015.00 5688.00
One97Commn 761.10 761.20 758.15 774.30 753.10 2932.28 998.30 511.80 ­ ­ Sakth.Sug 29.70 29.95 29.95 30.70 29.45 1306.54 36.47 18.07 ­ 29.96 TemboGlblInd 283.40 288.25 283.40 290.05 280.55 103.89 332.65 150.25 ­ ­ BIRLASLAMC ABSLBANETF 45.73 46.35 203.79 49.95 38.70 ­
ONGC [5] 249.20 252.25 250.45 254.35 246.3033293.19 263.40 140.10 8 252.45 Sakuma [1] 25.10 25.50 25.25 26.45 25.25 6750.16 26.40 9.47 ­ 25.50 Tex.Infra [1] 119.40 117.00 119.40 122.05 115.80 1512.50 126.30 47.10 ­ 117.20 BIRLASLAMC ­ ABSLLIQUID 1000.00 999.99 0.80 1002.00 999.01 ­
OnMobile 112.75 112.50 113.90 114.65 112.20 704.02 128.30 56.27 ­ 112.60 SalasarTech [1] 131.75 128.35 133.25 135.95 127.40 7795.20 139.95 36.00 90 128.16 Tex.Pipe 91.65 91.05 92.30 92.70 90.00 344.74 94.60 41.00 14 90.58 BIRLASLAMC ­ SILVER 73.16 73.04 69.37 78.99 57.81 ­
Onward Te 576.10 563.40 581.00 582.85 560.05 122.79 738.95 267.60 42 564.20 SalonaCot 299.35 299.00 312.75 319.00 293.55 12.11 331.00 202.05 16 299.75 Tex.Rail [1] 216.85 219.60 218.50 221.00 214.50 3665.41 225.00 40.49 129 219.60 BIRLASLAMC­ABSLNN50ET 56.47 56.94 12.08 58.00 37.52 ­
OptimusInfra 294.80 300.20 295.00 303.55 295.00 141.32 381.20 160.45 84 300.10 Salzer Elec 409.75 414.20 410.80 416.25 409.90 46.76 467.80 236.00 19 414.00 Thanga.Jwl 1339.50 1355.15 1339.00 1357.00 1338.00 15.90 1544.95 472.50 33 1354.05 BIRLASLAMC­BSLSENETFG 69.80 70.44 1.32 77.00 55.05 ­
OracleFinSer [5] 6441.55 6521.10 6444.00 6557.90 6402.05 151.48 7168.70 2987.40 27 6518.10 SAMHI HOTELS 185.40 194.65 187.75 195.95 183.90 1423.74 197.70 127.25 ­ ­ TheAnupEngg 2935.10 2942.70 2935.10 3030.00 2890.00 13.22 3130.65 950.05 ­ ­
BIRLASLAMC­HEALTHY 11.33 11.60 277.09 11.68 6.55 ­
Orbit Exp 183.15 193.20 187.00 194.90 185.35 49.36 230.00 114.85 17 193.10 SamvdMthnInt 114.25 113.25 114.50 114.75 112.8011293.43 118.00 61.80 ­ ­ ThejoEngg 1814.05 1934.15 1829.00 2099.00 1829.00 38.60 2293.90 1126.10 ­ ­
SandharTech 474.55 480.00 476.00 488.00 470.80 115.36 531.60 186.10 28 481.15 Themis [1] 236.45 241.00 235.00 243.25 233.85 171.99 243.00 109.00 59 240.30 BIRLASLAMC­MOMENTUM 28.94 29.16 21.71 31.00 17.33 ­
OrchidPharma 863.85 844.90 915.00 948.70 836.00 839.12 948.70 521.00 ­ ­
Oricon Enter [2] 37.10 39.50 37.40 40.40 37.10 765.21 42.80 15.25 ­ 39.46 SANDUR MANG 3286.85 3086.15 3339.00 3349.00 3050.00 154.33 3492.45 1429.60 ­ ­ TheNewIndA [5] 246.30 243.25 248.30 255.35 241.10 3027.69 261.80 94.15 42 243.60 BIRLASLAMC­NIFTYQLITY 18.61 18.80 38.47 20.50 13.41 ­
Orient Bell 373.85 374.45 374.50 378.05 373.20 23.56 648.95 370.75 347 374.15 Sangam 487.00 475.45 487.70 488.00 468.50 85.73 497.10 194.20 26 475.60 Thermax [2] 3083.40 3181.25 3095.00 3228.00 3085.55 87.78 3266.90 1892.25 96 3180.75 BIRLASLAMC­TECH 37.69 37.99 4.48 40.40 26.63 ­
Orient Cem [1] 279.20 282.55 280.00 286.50 279.00 567.97 290.35 104.70 37 282.20 Sangh.Mov [2] 777.85 771.95 780.00 783.35 759.20 65.13 873.90 305.40 23 772.10 Thiru.Chem [1] 241.20 242.70 241.40 243.80 239.20 337.58 257.00 168.35 32 242.60 DSPAMC ­ DSPBANKETF 45.74 46.28 23.30 51.00 35.90 ­
ORIENT CERAT 54.20 56.70 54.00 56.90 53.20 328.41 64.00 49.70 ­ ­ Sanghi Ind 121.20 127.25 122.00 127.25 121.20 1513.03 156.20 53.00 ­ 127.35 Thom.Cook [1] 183.75 172.85 184.50 184.50 170.10 3654.93 186.95 52.45 139 172.65 DSPAMC ­ DSPGOLDETF 62.25 62.40 2.95 71.70 55.00 ­
Orient Grn 24.65 25.85 25.15 25.85 24.8016777.04 25.87 7.09 ­ 25.87 Sanofi 8494.00 8663.65 8494.00 8718.55 8452.30 33.91 8704.40 5240.00 35 8665.85 ThyrocareTec 617.75 610.15 610.00 613.50 605.70 155.65 690.30 416.00 54 609.35 DSPAMC ­ DSPITETF 36.72 36.95 16.50 39.40 29.00 ­
Orient Htls [1] 123.35 123.65 123.05 124.65 122.60 281.66 134.00 66.70 39 123.75 SanseraEngg 1010.60 1018.50 1008.00 1034.05 1008.00 71.95 1089.95 699.05 ­ ­ Tidewater [2] 1527.00 1613.55 1544.00 1632.00 1530.75 330.49 1669.50 809.75 31 1607.95 DSPAMC ­ DSPPSBKETF 61.32 64.30 13.41 66.00 43.92 ­
Orient Pap [1] 57.75 57.40 58.20 59.70 57.00 7034.64 59.79 34.35 12 57.48 SapireFoodIn 1434.35 1450.55 1436.70 1475.00 1436.70 65.52 1567.85 1102.50 ­ ­ Tilakngr Ind 237.20 244.05 237.00 245.95 236.95 744.74 291.00 95.50 42 244.10 DSPAMC ­ DSPPVBKETF 23.43 23.69 73.02 28.06 21.75 ­
Orient Pres 90.05 89.50 90.00 90.70 88.00 18.13 100.99 53.25 ­ 89.44 Sarda Ene [1] 243.55 250.40 244.60 252.80 244.55 670.49 264.95 96.70 16 250.75 Time Tech [1] 170.60 174.55 170.80 176.70 170.00 1696.97 194.10 69.55 30 174.45 DSPAMC ­ DSPSENXETF 71.41 72.52 0.89 83.00 63.03 ­
Orient Tri 9.95 10.00 9.95 10.50 9.95 392.93 10.90 5.50 ­ 9.97 Saregama [1] 344.40 348.45 344.30 352.00 339.50 297.84 458.80 284.02 36 348.10 Timken 3321.85 3387.70 3328.85 3400.00 3325.70 69.67 3575.95 2658.70 71 3381.20 DSPAMC­DSPN50ETF 220.13 220.89 0.35 254.00 170.95 ­
OrientalArmt 377.80 377.05 377.80 382.10 375.05 11.09 503.20 295.55 ­ ­ Sarla Perf [1] 62.45 62.25 63.00 63.40 62.00 257.05 66.58 32.40 18 62.15 Tips Ind [1] 433.60 427.20 434.75 436.70 422.00 371.47 438.35 143.35 46 426.85 DSPAMC­DSPNEWETF 273.99 277.28 5.02 287.96 194.25 ­
OrientalCar 882.80 869.55 875.75 887.20 862.35 8.04 936.85 651.00 19 868.70 SarthakMetal 302.90 322.70 307.45 328.00 297.15 136.53 328.00 151.00 ­ ­ TitagarRail 1089.70 1092.85 1097.15 1099.15 1080.55 797.00 1248.90 193.30 ­ ­
TitanComp [1] 3735.75 3697.55 3749.00 3775.00 3653.25 1386.75 3885.00 2268.90 96 3697.40 DSPAMC­DSPQ50ETF 209.30 211.81 4.90 216.75 151.15 ­
OrientElect 210.00 209.05 211.05 212.85 208.55 1582.10 284.90 207.70 ­ ­ SarveswrFood 7.25 7.25 7.40 7.40 7.20 6283.41 156.90 4.00 ­ ­
Sasken 1440.55 1451.00 1442.00 1460.00 1415.30 20.46 1584.50 774.00 22 1452.80 TMB 499.25 504.90 505.00 511.00 498.65 217.46 611.35 399.00 ­ ­ DSPAMC­DSPSILVETF 71.23 70.90 2.46 78.80 60.52 ­
OrisaBengCar 63.00 62.85 62.05 64.60 62.05 41.91 86.90 45.00 ­ ­
OrtinLabs 22.00 21.85 21.25 22.35 21.25 72.02 30.35 16.20 ­ ­ SastaSunVent 410.80 407.55 411.70 419.50 405.10 31.14 506.35 190.05 ­ 408.55 TN News 324.80 320.85 326.00 329.10 318.10 388.35 330.95 200.05 6 320.95 DSPBRAMC­LIQUIDETF 999.99 1000.00 331.07 1045.00 995.30 ­
OswalAgroMil 57.05 55.85 56.70 57.40 53.15 993.73 58.95 23.55 ­ 55.60 SatiaIndus 139.00 141.40 139.60 142.80 138.35 1117.43 155.00 101.00 ­ ­ TN Petro 102.90 102.00 103.00 103.40 101.55 351.74 110.50 68.37 14 102.00 EDELAMC ­ EBBETF0425 1181.11 1181.79 1.97 1216.55 1100.81 ­
OswalGrenTec 44.45 41.75 45.25 45.25 41.25 2297.73 49.40 16.80 ­ ­ Satin Credit 256.35 258.10 257.80 260.05 256.00 353.70 283.65 116.25 8 258.10 Tor.Pwr 1007.95 1040.00 1017.65 1069.40 1011.40 2126.88 1071.60 433.10 24 1040.05 EDELAMC ­ EBBETF0430 1328.50 1331.24 3.89 1398.00 1040.00 ­
SATIndust 118.80 116.75 119.50 120.45 115.70 642.60 145.60 55.00 ­ ­ TorrentPhar [5] 2473.15 2531.10 2475.40 2540.25 2463.00 227.43 2553.00 1446.15 78 2531.65 EDELAMC ­ EBBETF0431 1185.91 1187.50 13.86 1203.15 1099.10 ­
P ............................................... Savita [2]
SBCExports
405.55
29.35
417.40
27.95
417.90
29.05
426.10
29.45
408.15 934.56
27.80 2627.95
425.75 231.95 17 417.70
38.85 15.25 ­ ­
TotalTranspt
Tou.Fin.Cor
126.85
184.40
125.45
182.90
126.35
186.95
127.45
187.70
124.30 16.02
175.80 4999.29
186.60
206.45
110.10
66.75
­
19
­
182.85
EDELAMC ­ EBBETF0433 1084.06 1084.87 6.78 1262.60 858.69 ­
P&GHealth 5175.70 5132.50 5152.10 5230.80 5011.55 11.88 5500.00 4007.25 ­ ­ EDELAMC ­ EGOLD 64.45 64.45 5.76 74.20 60.15 ­
SBFCFin 87.95 89.95 88.45 90.00 87.60 2194.92 97.80 80.20 ­ ­ TPL Plastech [2] 58.80 58.45 58.80 59.60 57.45 219.38 65.15 26.90 27 58.37 EDELAMC ­ ESILVER 73.95 73.98 17.44 80.97 71.49 ­
P&S Bk 49.50 50.85 49.65 52.15 48.8012170.99 53.61 23.06 29 50.66
SBI [1] 626.75 640.50 626.40 643.20 622.0023270.75 660.40 499.35 9 640.65 TracxnTech 113.50 115.10 114.25 117.00 113.35 2241.54 124.20 60.10 ­ ­ EDELAMC­BBETF0432 1110.14 1110.30 2.07 1325.38 844.00 ­
Page Ind 36973.20 37314.10 36950.20 37400.30 36876.55 12.38 43599.00 34968.60 82 37288.85
SBICards&Pay 712.55 715.35 714.70 720.50 705.60 3886.98 933.00 695.55 ­ ­ Trans.Corp [2] 840.15 938.70 840.70 1008.15 840.70 1943.10 1006.80 591.00 23 942.25 Gold BeEs [1] 53.13 53.35 4770.79 53.41 46.94 53.32
PaisaloDigit [1] 117.85 131.75 120.00 138.80 117.4020296.51 138.75 42.01 44 131.50
SBILifeInsur 1399.00 1401.15 1400.00 1406.50 1381.70 1343.83 1495.00 1039.25 75 1401.00 TRANSINDIA RE 54.85 55.95 54.80 59.80 54.70 3486.53 59.80 32.80 ­ ­
Pakka 346.95 357.35 347.80 367.00 347.00 367.07 399.00 117.40 ­ ­ Goldmanamc ­ CPSEETF 73.71 74.38 3502.96 75.28 37.00 74.39
SchaeflerInd [2] 3109.00 3131.20 3102.15 3141.90 3062.80 32.78 3719.20 2575.20 53 3125.85 Tree Hse 24.15 25.35 24.00 25.35 23.80 507.50 27.69 10.35 ­ 25.06
PalredTech 210.65 207.05 210.20 214.70 203.00 31.18 229.30 112.10 108 205.90 HangSengBees [1] 233.61 230.32 346.00 319.20 225.91 230.20
SChand&Co [5] 268.75 268.05 272.25 272.25 260.10 46.67 335.00 158.15 52 267.50 Trent [1] 3054.95 3086.95 3054.00 3104.50 2992.30 986.93 3293.60 1170.00 156 3084.10
Pan.Petro [2] 335.00 359.20 334.15 365.95 333.45 1325.32 366.00 268.05 16 358.20 HDFC GOLD ETF 54.70 54.68 355.88 57.25 48.44 ­
Schneider [2] 470.15 472.00 470.95 479.95 463.20 357.37 494.00 146.15 66 471.70 TRF 250.30 255.55 250.00 256.90 250.00 90.34 293.00 153.00 6 255.70
Panac.Bio [1] 163.55 164.50 164.90 165.30 163.45 103.35 202.20 107.15 ­ 164.50 HDFCAMC ­ HDFCBSE500 31.43 31.29 25.34 34.00 22.35 ­
SCI 207.70 211.70 208.50 219.70 207.5512064.20 219.60 79.50 12 211.65 Trib Bhimji 131.15 131.10 131.85 132.95 130.30 193.32 143.90 58.50 17 131.30
ParadepPhosp 78.65 79.75 78.65 81.75 78.50 9934.13 83.50 48.30 ­ ­ HDFCAMC ­ HDFCGROWTH 109.65 110.21 3.86 117.20 83.30 ­
SecurCredent 20.75 20.95 20.75 21.15 20.60 741.72 33.00 15.60 ­ ­ Trident [1] 48.20 47.60 48.50 48.85 46.7539992.60 52.85 25.10 ­ 47.56
ParagMilk 207.60 205.60 207.50 210.60 202.35 648.75 263.35 68.00 28 205.55 HDFCAMC ­ HDFCLIQUID 999.99 999.99 0.98 1020.00 980.00 ­
SecuriIntSvc [5] 521.80 487.40 521.95 531.50 483.60 338.60 560.00 317.95 37 489.45 Trigyn 157.50 155.85 158.30 159.70 155.10 239.37 167.90 84.75 28 155.60
Param.Com [2] 111.05 105.55 110.90 110.90 105.50 1450.08 116.70 28.00 48 105.75
Selan Exp 520.55 522.55 523.00 529.00 516.00 36.67 554.85 228.65 29 522.45 TRIL [1] 354.05 347.80 355.00 355.95 345.90 305.89 397.20 53.00 ­ 347.55 HDFCAMC ­ HDFCLOWVOL 17.35 17.49 8.62 179.47 13.00 ­
ParasDef&Spc 784.70 810.55 800.00 817.00 790.20 1027.74 848.00 445.55 ­ ­
SencoGold 791.55 788.25 794.65 796.50 781.55 283.36 850.00 358.45 ­ ­ Triv.Eng [1] 328.10 342.25 330.00 345.25 330.00 1217.07 417.00 250.10 17 342.05 HDFCAMC ­ HDFCMID150 17.75 17.91 135.46 168.00 14.17 ­
PasuptiAcryl 41.65 43.15 41.50 45.50 41.50 1029.34 47.00 22.35 ­ ­
SEPC 25.30 26.55 25.40 26.55 24.5522102.96 26.55 7.50 ­ ­ Triv.Tur [1] 369.15 376.55 370.25 380.85 366.05 569.99 456.20 259.10 69 376.45 HDFCAMC ­ HDFCMOMENT 28.92 29.08 67.09 255.00 21.75 ­
PATANJAFOODS 1575.90 1582.10 1574.90 1592.00 1564.25 183.06 1713.80 853.50 ­ ­
Sequent Sc [2] 138.15 137.95 138.00 140.10 136.70 930.98 146.90 61.80 ­ 138.00 TrucapFin 73.00 75.45 72.50 76.50 71.65 1925.11 87.10 37.25 ­ ­ HDFCAMC ­ HDFCNIFBAN 459.05 466.04 56.83 555.00 389.25 ­
Patel Eng [1] 62.70 69.05 63.00 70.75 62.4024770.25 70.74 13.10 26 68.97
Sesh.Paper [2] 345.25 345.20 347.70 352.80 341.10 74.05 421.75 220.00 7 346.50 TT 111.60 111.35 112.70 115.55 110.15 43.97 116.60 64.75 ­ 111.13 HDFCAMC ­ HDFCNIFIT 372.06 373.49 1.46 387.70 262.75 ­
Patel Int 21.25 23.35 22.00 23.35 22.00 3646.89 25.10 10.51 ­ 23.23
Shakt.Pump 1471.55 1478.30 1470.00 1523.30 1412.15 479.98 1523.90 388.70 54 1478.95 TTK Prst [1] 784.75 787.05 784.00 792.00 777.00 75.53 832.00 652.10 48 787.25 HDFCAMC ­ HDFCNIFTY 235.85 237.61 19.72 245.40 176.01 ­
PBFintech 909.25 1002.40 958.90 1045.30 950.0011393.38 1045.30 390.70 ­ ­
Shal.Paints [2] 202.80 200.80 204.95 204.95 200.00 253.09 225.65 132.80 ­ 200.75 TTKHealtcare 1449.95 1480.40 1450.00 1520.65 1407.10 62.15 1556.00 827.65 33 1482.40
PC Jewl 55.65 55.20 55.90 56.45 55.00 1694.66 65.53 21.40 ­ 55.23 HDFCAMC ­ HDFCPVTBAN 235.44 238.00 3.78 278.00 197.00 ­
Shalby 305.20 307.75 305.20 315.10 304.00 162.21 333.85 114.35 35 307.35 TTML 88.55 92.70 88.75 94.45 88.3015568.29 109.10 49.80 ­ 92.68
PCBL 320.00 318.65 320.00 321.80 310.10 2885.47 336.30 108.70 ­ ­ HDFCAMC ­ HDFCQUAL 49.96 50.44 3.65 52.51 37.06 ­
ShankarBldg 765.95 767.70 765.95 771.10 762.95 89.45 929.30 574.00 28 768.45 TubeInvIndia 3932.80 3898.05 3885.05 3947.95 3851.05 313.03 4125.00 2375.00 ­ ­
PDS 577.15 606.30 592.65 609.95 582.55 203.19 666.00 299.60 ­ ­ HDFCAMC ­ HDFCSENSEX 785.38 790.93 6.68 818.25 622.00 ­
Shanthi Grs [1] 531.70 546.65 534.40 548.35 534.20 44.16 645.00 316.80 55 546.05 TV Today [5] 251.95 250.10 252.80 257.00 246.75 671.89 315.00 170.00 28 249.35
Pearl Glo [5] 573.70 584.35 584.90 594.95 570.05 16.58 735.00 167.18 86 583.00 HDFCAMC ­ HDFCSILVER 70.64 70.62 107.34 77.15 60.89 ­
ShantOversea 25.50 23.85 25.45 25.50 23.05 151.97 28.05 13.55 ­ ­ TVS Elec 352.55 353.60 353.55 355.00 351.95 38.02 432.00 291.30 152 353.85
Pearl Poly 34.00 33.25 34.00 34.25 32.85 108.20 40.89 17.20 ­ 33.33 HDFCAMC ­ HDFCSML250 148.26 151.42 1563.67 152.00 85.00 ­
ShardaMotor [2] 1360.60 1371.95 1365.00 1380.45 1346.05 20.53 1493.60 550.00 17 1370.50 TVS HOLDINGS 7871.05 8001.85 7935.00 8245.45 7907.05 13.21 8912.00 3701.20 ­ ­
Peninsula [2] 59.20 61.90 59.40 62.15 58.85 2085.01 62.09 11.11 39 61.99 TVS Mot [1] 1957.60 2001.35 1960.05 2006.85 1952.05 1064.18 2104.00 990.05 47 1999.80 HDFCAMC ­ HDFCVALUE 120.31 121.57 5.55 129.40 88.90 ­
Pennar Ind [5] 147.00 153.30 147.95 156.80 146.60 2235.18 156.90 52.50 41 153.35 ShardaCropch 397.65 397.35 401.00 404.65 395.00 192.83 580.00 388.40 22 396.95
ShareIndSec 1903.00 1932.15 1908.00 1941.30 1908.00 401.29 1942.45 990.60 ­ ­ TVS Sri 4431.95 4431.35 4454.15 4520.00 4400.00 4.52 5094.95 2454.15 36 4438.45 HDFCAMC­HDFCNEXT50 55.00 55.51 3.51 522.32 42.90 ­
Persistnt 8373.85 8353.15 8332.35 8448.00 8258.15 364.97 8828.60 3959.25 61 8364.45 TvsSuplyChan 194.05 193.25 193.90 194.15 193.00 277.54 258.00 185.85 ­ ­
Petronet 267.55 269.10 268.50 270.65 263.55 7429.31 284.50 191.65 12 269.00 SheelaFoam [5] 1121.90 1174.05 1120.00 1179.25 1119.45 98.60 1363.55 905.50 63 1171.55 HDFCAMC­HDFCNIF100 22.15 22.33 24.84 220.70 18.91 ­
PFC 444.90 443.25 442.30 445.30 437.1012612.24 453.75 107.48 11 443.35 Shemaroo Ent 231.05 219.75 233.05 233.05 217.35 214.05 238.00 101.00 84 219.30 ICICI PR NIF LW VL 30 ETF 186.96 188.76 100.95 195.15 133.10 ­
Pfizer 4342.20 4323.00 4341.70 4362.65 4300.00 7.19 4420.75 3406.95 37 4321.75 ShetalCoolPr 332.00 339.85 334.80 341.85 331.45 10.78 717.05 321.25 ­ ­ U ............................................... ICICI PRUMIDCAP SEL ETF 141.45 143.16 24.58 146.25 88.77 ­
PG Elec 1975.20 1930.75 1978.60 2010.35 1915.25 140.06 2570.00 1002.75 100 1928.35 Shilpa Med [1] 317.60 368.15 317.60 374.75 317.60 3953.59 395.85 222.40 ­ 367.95 UB [1] 1795.30 1808.10 1804.95 1812.00 1794.05 90.60 1913.50 1342.25 179 1807.50 ICICI PRUD NIFTY 100 ETF 240.03 242.34 5.46 247.55 181.90 ­
PGHH 17148.40 17245.15 17148.00 17300.00 17062.60 26.73 19086.20 13101.05 76 17135.05 ShilyEngPlas 393.15 395.65 393.80 409.00 393.00 287.61 1914.95 309.70 ­ ­ UCAL 162.85 163.90 165.40 165.40 162.85 34.57 169.80 131.75 ­ ­ ICICI PRUD NIFTY ETF 236.81 238.95 586.49 250.15 179.20 ­
Phoenx.Mil [2] 2365.25 2423.80 2370.00 2442.00 2310.70 382.80 2673.75 1186.45 149 2428.15 ShivalikBimt 570.10 588.50 570.10 599.00 565.00 236.85 750.00 371.00 ­ ­ Uco Bk 43.75 46.50 44.05 49.50 43.70 156641.59 49.49 22.26 32 46.53 ICICI PRUD SENSEX ETF 795.38 801.32 1.19 819.64 626.07 ­
PidiliteInd [1] 2567.70 2533.05 2571.05 2583.15 2520.00 3417.74 2804.00 2250.85 74 2532.85 ShivaMills 103.10 102.35 104.35 106.65 101.10 25.54 116.49 62.38 ­ 101.29 UdayshvInfra 50.45 53.00 50.75 54.00 50.20 1503.73 54.40 27.30 ­ ­ ICICI PRUDENTGOLD ETF 54.92 54.84 299.10 57.30 47.05 ­
PIIndustries [1] 3265.80 3372.65 3265.80 3390.00 3254.55 292.00 4010.00 2870.00 34 3375.60 ShivaTaxyarn 166.35 168.25 165.35 177.00 165.35 154.55 175.00 107.35 ­ 168.80 Uflex 460.05 464.00 460.10 467.00 460.10 56.70 552.65 325.20 16 462.80
ShivlkRasayn 655.45 716.05 660.00 729.00 654.90 54.16 893.00 603.60 ­ ­ ICICI PRUDENTNV20 ETF 130.96 132.05 103.72 135.65 95.30 ­
PIL Italica [1] 14.10 14.25 14.25 14.40 13.95 1645.24 14.90 5.95 ­ 14.25 UFO Moviez 157.65 162.25 158.40 166.75 157.55 912.63 169.50 57.30 ­ 161.85
Shop.Stop [5] 747.90 754.10 758.70 767.00 748.00 181.03 889.75 574.85 114 751.40 ICICIPRAMC ­ ICICI10GS 224.00 224.00 1.04 226.34 206.90 ­
Pilani Inv 3113.70 3236.55 3179.00 3397.00 3175.00 62.03 3392.95 1602.65 21 3237.75 Ugar Sug [1] 79.65 80.35 79.75 81.00 79.55 257.78 135.65 76.00 13 80.45
Shr.Ren.Sug [1] 47.15 48.00 47.55 48.20 47.1512481.43 57.25 39.50 ­ 48.00 UgroCapital 276.45 282.40 277.40 286.00 273.70 399.66 319.15 144.30 ­ ­ ICICIPRAMC ­ ICICI500 32.90 33.14 427.80 33.75 23.71 ­
PiramalPharm 139.00 144.25 146.55 149.00 142.3015294.02 149.00 63.10 ­ ­ ICICIPRAMC ­ ICICI5GSEC 55.19 55.20 4.51 62.95 50.30 ­
Pirmal.Ent [2] 894.20 916.10 899.55 917.95 889.95 1018.49 1140.00 630.20 18 915.60 Shre PushChe 201.15 203.90 201.80 208.80 201.80 65.29 242.00 141.00 44 204.55 UjivanFinSer 578.90 569.80 573.10 573.10 566.00 538.71 614.70 233.20 38 569.60
ShreDigvjCem 116.05 115.90 116.45 117.90 115.10 911.09 123.90 57.30 ­ ­ UjjivanSFB 55.30 55.35 55.60 55.60 55.00 6576.22 63.00 22.75 ­ ­ ICICIPRAMC ­ ICICIALPLV 247.19 249.22 21.04 250.49 167.06 ­
PittiEngg [5] 644.95 655.85 649.45 663.30 645.05 83.02 748.00 256.80 29 657.00
PixTransmisn 1258.20 1260.15 1250.20 1273.60 1250.00 4.96 1568.95 702.00 ­ ­ ShreeCements 28077.75 28556.25 28100.00 28700.00 28012.35 63.06 29249.10 22601.30 54 28538.95 UltraTech 9963.60 10167.35 9960.00 10186.15 9903.15 341.57 10522.65 6895.85 47 10167.95 ICICIPRAMC ­ ICICIAUTO 192.02 194.83 17.33 197.44 120.40 ­
SHREEOSWALS 54.45 55.40 56.50 56.50 54.95 249.77 425.35 47.10 ­ ­ UmaExports 58.90 70.65 58.10 70.65 58.10 968.17 75.50 35.30 ­ ­ ICICIPRAMC ­ ICICIBANKP 232.93 234.95 504.47 251.10 194.26 ­
098e d8-cc7 -4a06-b5 8-605 c051 204

098e d8-cc7 -4a06-b5 8-605 c051 204

Plastiblen [5] 306.00 304.25 305.00 309.00 303.10 25.03 357.15 139.00 24 304.15
PNB Gilts 111.65 117.45 113.00 128.45 113.0015114.48 128.38 55.25 ­ 117.58 Shreyans 289.60 290.75 294.60 298.20 287.00 36.77 318.45 129.75 4 290.10 UmangDair [5] 84.15 84.05 84.15 85.90 83.50 57.46 92.10 49.51 ­ 83.82 ICICIPRAMC ­ ICICICOMMO 79.22 79.77 101.21 80.27 53.75 ­
PNB Housing 763.15 784.60 770.00 797.80 766.85 1114.47 913.95 384.17 15 784.95 Shreyas 279.20 294.15 279.20 296.35 279.20 126.32 506.00 212.20 22 293.85 Unichm Lab [2] 466.70 467.95 472.40 473.00 465.00 22.46 481.90 271.65 ­ 467.35 ICICIPRAMC ­ ICICICONSU 96.94 97.77 57.50 108.00 71.00 ­
PNC Infratec [2] 449.50 457.60 448.85 460.95 437.70 925.50 460.60 261.25 19 457.60 ShriramFin 2452.95 2466.80 2450.00 2479.60 2400.50 1914.67 2496.55 1190.00 ­ ­ Union Bk 141.00 139.85 141.25 141.55 139.1021053.56 145.25 60.32 8 139.85 ICICIPRAMC ­ ICICIFMCG 564.89 569.98 18.51 607.58 447.50 ­
Pokarna Ltd [2] 456.50 471.50 461.00 474.00 457.15 93.99 599.95 233.75 ­ 471.40 SHRIRAMPIST 1691.30 1651.60 1715.00 1737.00 1644.35 615.15 1737.00 948.90 ­ ­ UnipartsInd 578.45 577.85 580.05 584.90 575.00 92.83 722.65 501.15 ­ ­ ICICIPRAMC ­ ICICIINFRA 80.12 80.25 203.40 82.00 50.40 ­
Poly.Medi [5] 1390.55 1456.65 1390.55 1474.70 1361.00 343.91 1673.95 820.90 62 1455.95 ShriramPropr 126.80 127.55 127.50 129.90 126.40 1820.60 138.50 53.00 ­ ­ Uniph.Ent [2] 157.00 155.80 157.10 159.95 153.65 19.16 184.00 132.25 28 156.20 ICICIPRAMC ­ ICICILIQ 1000.00 999.99 626.05 1200.00 981.35 ­
PolycabIndia 4314.00 4343.15 4338.60 4374.25 4291.00 522.87 5733.00 2748.30 ­ ­ ShyamMetalic 731.00 704.80 737.80 737.80 690.00 2625.79 737.80 254.55 ­ ­ United Spr [2] 1080.40 1089.75 1082.00 1092.20 1074.15 760.26 1148.65 730.90 70 1089.60
Siemens [2] 4143.55 4140.40 4115.00 4212.85 4086.35 489.65 4334.00 2892.70 78 4144.15 ICICIPRAMC ­ ICICIM150 180.14 182.49 80.28 183.47 112.27 ­
Polyplex 970.10 1011.70 974.45 1020.00 972.00 256.04 1643.90 969.30 22 1013.20 UnitedDrilng 274.50 290.10 278.60 291.50 275.60 100.44 309.90 168.35 ­ ­
SigachiIndus 79.50 77.20 79.00 79.40 76.85 1955.64 419.40 36.40 ­ ­ ICICIPRAMC ­ ICICIMOM30 29.09 29.41 106.05 30.41 17.85 ­
PonawalaFinC 474.05 478.30 472.00 480.00 471.25 1217.57 519.70 274.65 ­ ­ Univ.Cab 505.55 509.65 495.00 513.00 492.20 33.73 562.00 296.30 39 509.90
SIGMA SOLVE 461.10 462.20 488.70 488.70 454.00 12.27 570.00 297.25 ­ ­ UnivastIndia 115.80 120.60 120.70 121.55 114.00 65.12 147.00 76.50 ­ ­ ICICIPRAMC ­ ICICINXT50 56.80 57.24 312.16 58.65 37.10 ­
PondyOxides 764.90 756.00 765.05 783.80 752.25 30.78 852.35 262.10 ­ ­ ICICIPRAMC ­ ICICIPHARM 112.93 115.67 58.27 116.30 73.81 ­
Ponnie Sug 416.60 422.35 414.80 423.95 414.80 26.13 514.90 361.40 9 421.35 SIGNATUREGLO 1137.10 1144.85 1133.60 1239.40 1131.05 330.64 1239.40 444.00 ­ ­ UniversusImg 403.10 431.10 405.20 483.70 405.20 74.09 487.80 350.50 ­ ­
SignetIndus 81.35 80.80 81.20 85.00 80.00 160.10 89.40 32.25 ­ ­ UnoMinda 685.10 690.10 686.80 694.40 676.00 319.98 726.00 435.00 ­ ­ ICICIPRAMC ­ ICICIQTY30 184.45 185.41 9.21 190.57 156.80 ­
Power Mech 5306.05 5330.50 5400.00 5400.00 5250.00 53.28 5440.95 1571.20 37 5329.40
PowerGrid 254.10 259.30 254.00 260.00 252.4034369.46 260.00 157.80 16 259.35 SilvrTuchTec 669.95 689.95 681.25 695.00 666.20 35.68 725.00 310.50 ­ ­ UPDATER SERV 346.65 358.80 349.95 384.10 341.05 1213.27 384.10 235.30 ­ ­ ICICIPRAMC ­ ICICISILVE 73.19 73.10 136.46 79.41 63.09 ­
Praj Ind [2] 506.75 498.10 510.60 511.60 496.65 1224.93 650.30 299.00 34 497.90 SimbholiSug 29.40 31.90 29.85 32.55 29.30 1534.57 36.60 18.10 ­ 31.89 UPL [2] 535.25 537.70 538.90 542.75 534.10 3570.91 780.00 528.35 30 537.85 ICICIPRAMC ­ ICICITECH 38.51 38.75 163.64 39.96 27.25 ­
PrakashPipes 443.75 443.25 441.65 446.65 440.10 82.90 493.00 134.20 ­ ­ SINDHU TRADE 28.35 28.70 28.35 29.05 28.20 3945.11 35.55 21.65 ­ ­ UraviT&Wedge 290.60 317.65 293.95 319.65 283.10 9.27 359.00 227.25 ­ ­ ICICIPRAMC ­ IPRU5008 45.77 46.42 2552.29 50.92 38.00 ­
Praksh.Ind 211.95 209.25 214.80 215.70 203.75 743.84 220.65 48.82 13 208.55 SintercomInd 131.70 131.80 132.05 132.80 129.20 26.38 139.50 99.00 ­ ­ UrjaGlobal [1] 31.35 34.45 31.95 34.45 31.3547743.31 34.51 6.00 ­ 34.51 ICICIPRAMC ­ PSUBANKICI 61.68 63.06 1739.84 63.40 35.34 ­
PratapSnack [5] 1291.05 1280.60 1271.00 1295.35 1246.40 97.18 1450.00 662.00 53 1279.95 SircPaintInd 384.85 381.70 384.90 387.50 379.20 100.32 685.00 297.00 ­ ­ Usha Mar [1] 350.20 371.85 350.25 375.90 350.25 2889.85 375.25 164.45 40 371.15 ICICIPRAMC­BARATWIN 95.72 95.89 983.12 98.50 55.53 ­
PrecisionCam 236.00 234.95 236.00 237.95 232.35 86.96 319.00 88.41 29 234.80 Siyaram [2] 531.90 531.35 533.75 537.00 530.10 48.94 633.80 400.00 12 531.70 UTIAMC 896.30 929.40 899.70 944.65 899.15 1165.07 965.00 608.00 ­ ­ ICICIPRAMC­ICICIFIN 22.56 22.83 351.64 23.50 15.21 ­
Precot 316.65 310.70 321.00 321.15 306.20 25.34 340.00 128.10 ­ ­ SJSEnterpris 573.90 601.60 575.60 607.40 575.45 182.71 745.00 377.65 ­ ­ UtkarshSFB 57.70 57.50 57.95 58.20 57.30 3077.43 65.00 37.20 ­ ­ IDFCAMC­IDFNIFTYET 231.60 233.44 0.24 254.96 176.00 ­
Precsn.Pipe 236.25 242.00 238.80 244.15 236.25 16.32 294.70 147.85 134 242.25 SJVN 127.95 131.80 128.60 132.85 127.2043866.76 134.74 30.39 50 131.79 Utm.Sug 356.40 365.70 360.90 368.00 357.40 313.72 535.20 216.00 10 365.55 Infra BeEs 813.09 815.04 15.85 2548.00 1781.10 2322.00
Precsn.Wre [1] 143.45 147.75 143.50 151.50 142.70 1479.38 152.10 59.50 43 147.70 SKF India 4650.95 4691.85 4660.00 4726.55 4650.95 28.11 5528.90 3961.00 48 4694.35
InvesIndGold [100] 5568.00 5545.25 0.07 5714.50 4883.00 ­
PremierExplo 1438.30 1393.40 1459.85 1459.85 1387.05 44.55 1687.85 352.50 63 1392.25 Skipper [1]
SKM Egg
236.35
376.25
271.40
383.05
236.35
376.25
275.00
388.60
235.60 2169.96
374.55 65.44
276.05 85.27 50 270.00
559.40 122.20 8 382.25
V ............................................... Kotak Nifty [5] 231.94 233.66 19.47 2063.00 1644.20 1824.55
Prestige Est 1216.65 1265.40 1228.90 1302.95 1217.00 908.60 1440.00 391.30 144 1268.85 V Mart 2109.00 2178.55 2119.55 2195.15 2108.20 37.55 2864.95 1591.00 ­ 2178.30 Kotak PSU Bk 613.65 624.29 35.68 628.00 350.05 622.84
Pricol [1] 382.10 382.95 380.00 389.95 379.95 875.76 392.45 174.50 42 382.60 SMCGloblSecu 108.55 109.70 109.10 112.00 107.85 615.56 113.60 69.70 ­ ­ V2 Retail 354.40 348.25 360.00 360.00 346.05 46.65 389.25 67.00 ­ 350.00
SML Isuzu 1310.10 1380.85 1310.10 1419.00 1310.10 104.74 1575.00 658.20 25 1379.90 KOTAKMAMC ­ KOTAKIT 38.38 38.64 49.18 39.94 27.45 ­
Prime Foc [1] 137.00 138.95 142.40 147.95 135.10 2664.77 147.90 64.75 ­ 139.00 VA T Wab [2] 674.20 674.45 679.00 684.90 657.45 524.56 688.25 303.60 14 674.40
Prime.Sec [5] 174.85 177.95 175.80 178.45 172.55 230.02 200.05 92.30 45 177.75 SMS Phr [1] 123.50 123.15 122.20 124.95 121.55 67.75 139.75 54.50 30 123.20 Vadilal 3055.90 3098.70 3089.55 3150.00 3035.00 51.23 3298.00 1800.00 25 3095.90 KOTAKMAMC ­ KOTAKLIQ 1000.00 1000.00 8.25 1004.00 999.00 ­
PrincPipeFit 698.85 710.60 697.40 712.00 694.85 108.20 776.00 533.05 ­ ­ SnowmanLogi 69.25 71.90 69.90 74.15 69.55 2735.68 79.27 30.25 ­ 71.94 VadivrSpeChe 247.95 246.50 253.90 253.90 244.60 13.91 309.00 151.35 ­ ­ KOTAKMAMC KOTAKMID50 136.75 137.53 15.65 138.00 82.70 ­
PrismJohnson 172.55 180.75 173.00 182.45 172.95 794.14 191.80 99.05 ­ 180.50 Sobha 1404.35 1447.75 1405.00 1450.00 1382.95 302.64 1577.35 412.40 133 1446.90 Vaibhav [2] 521.55 496.60 529.00 529.90 481.10 2453.69 543.05 268.60 98 495.90 KOTAKMAMC ­KOTAKSILVE 71.44 71.31 12.82 79.00 60.60 ­
Prit.Nandi 56.25 56.65 56.05 57.95 56.00 112.36 63.92 29.19 ­ 56.67 Solar Ind [2] 6355.50 6457.35 6350.00 6490.05 6330.00 76.57 8499.00 3456.95 106 6461.20 VaishaliPhar 177.50 179.95 178.00 184.40 178.00 53.80 203.60 114.85 ­ ­ KOTAKMAMC­KOTAKALP 44.44 45.30 285.35 45.50 24.19 ­
PriviSpecial 1220.30 1227.10 1220.30 1246.80 1210.05 37.33 1365.50 871.05 ­ ­ SolarActPhSc 387.45 384.30 388.75 393.60 381.80 133.06 449.80 286.00 ­ ­ Vakrang [1] 25.15 30.15 25.50 30.15 24.90 190891.73 30.18 12.83 ­ 30.18 KOTAKMAMC­KOTAKCONS 97.27 96.68 5.03 100.20 69.42 ­
ProzonRealty 38.75 38.55 38.65 39.95 38.20 1406.92 42.70 20.70 ­ ­ Som Dist [5] 277.95 277.00 278.00 281.65 276.45 178.10 389.80 111.72 56 276.95 ValiantLabs 204.00 202.25 205.95 208.00 199.40 125.92 212.80 162.10 ­ ­ KOTAKMAMC­KOTAKLVOL 17.75 17.89 28.89 18.55 12.55 ­
PrudentCorp 1371.40 1427.25 1377.50 1444.50 1363.20 154.25 1444.50 703.30 ­ ­ Somany [2] 684.90 708.50 683.05 715.00 679.55 155.01 818.00 466.00 30 708.40 ValiantOrgan 487.40 485.85 492.25 492.25 485.15 30.48 635.00 355.00 ­ ­ KOTAKMAMC­KOTAKMNC 24.39 24.43 5.71 25.00 18.72 ­
PSPProjects 760.60 749.45 760.05 763.95 745.45 85.13 846.00 652.15 17 748.60 SonaBLWPrecn 596.90 618.20 596.90 620.10 593.15 2892.57 669.95 401.10 ­ ­ Vard Text [2] 394.70 427.80 396.70 429.95 395.70 3277.73 433.45 270.00 22 428.25 KOTAKMAMC­KOTKBKETF 463.11 469.51 27.29 498.30 392.32 ­
PTC 241.75 239.55 242.00 242.25 237.85 2734.90 246.50 83.45 17 239.40 SONAM 91.00 85.20 95.00 95.00 83.60 96.59 95.00 36.50 ­ ­ Vard.Acry 64.75 64.40 65.70 65.95 64.10 115.97 265.35 184.40 ­ 243.95
Sonata [1] 734.60 768.00 736.85 770.00 735.50 725.18 803.55 299.00 79 767.75 Kotal Gold [1] 53.43 53.34 1634.32 53.70 46.91 53.47
PTC Ind Fin 62.15 62.20 62.45 64.10 61.00 5106.35 67.90 12.15 24 62.15 Vard.SPC 213.90 215.70 214.95 217.00 211.85 62.96 252.00 154.53 22 215.45 KOTKMAMCKTNV20ETF 139.17 135.72 89.07 140.92 97.80 ­
PTCInd 7242.45 7966.65 7242.45 7966.65 7200.00 18.03 7966.65 2950.00 ­ ­ South In Bk [1] 33.95 34.70 34.15 35.90 33.75 117628.01 35.90 13.79 6 34.71 VarrocEngg 545.15 555.45 544.95 562.00 544.65 316.53 588.30 239.45 ­ ­
SouthWestPin 162.55 170.45 165.00 170.65 163.25 245.63 188.20 91.95 ­ ­ LIC MF ­C GOLD ETF 5724.95 5731.60 0.03 5976.60 5000.00 ­
PTL Ent [1] 48.35 49.70 49.00 50.20 48.40 552.28 51.71 29.50 31 49.62 VarunBevera [5] 1251.20 1280.40 1231.00 1285.00 1231.00 2199.94 1380.45 550.00 97 1280.10
SpacenetEnt 34.00 34.15 33.65 35.50 33.35 3336.54 37.15 15.45 ­ ­ LICNAMC­LICNFENGP 234.61 236.00 0.75 265.00 176.85 236.21
PudumjePap [1] 73.80 80.05 74.95 82.75 72.25 9010.21 82.94 34.00 11 80.38 Vascon 86.40 85.50 86.85 87.45 84.70 1685.53 91.84 23.83 22 85.37
Pun.Natl.Bk [2] 109.25 114.40 109.50 114.95 109.05 113135.17 114.95 44.41 20 114.46 SpandnaSphor 1053.05 1046.10 1065.00 1065.00 1037.20 149.00 1243.20 470.00 ­ ­ Vaswani 34.65 32.95 34.65 35.00 32.50 304.55 36.22 18.00 17 33.15 LICNAMC­LICNFESGP 783.40 784.50 0.23 844.00 620.93 ­
Punj.Chem 1119.90 1154.40 1120.10 1166.35 1101.00 30.20 1391.95 722.10 23 1150.95 SPApparels 617.05 620.45 619.00 625.25 603.55 23.30 684.90 273.00 16 619.00 Vedanta [1] 266.25 273.85 266.80 276.90 265.75 9537.63 338.25 207.85 6 273.80 LICNAMC­LICNFNHGP 232.14 235.02 3.12 247.70 178.01 ­
Puravankra [5] 260.55 259.30 262.00 262.00 255.00 594.82 269.15 59.35 97 259.20 Spec.Rest 259.95 254.95 260.95 266.30 253.30 367.41 267.35 168.00 17 255.15 VedantFashn 1030.40 1003.50 1035.00 1035.50 980.40 1708.53 1487.90 980.40 ­ ­ LICNAMC­LICNMFET 24.58 24.83 58.98 26.75 22.11 ­
PVP Ven 21.00 20.10 22.05 22.05 19.95 2316.18 22.24 5.93 ­ 20.17 SpencersRetl 123.15 130.15 123.15 133.00 122.40 2141.01 133.00 51.45 ­ ­ Venky's 1945.60 1974.25 1950.00 1986.95 1940.05 27.71 2312.95 1420.10 29 1972.15 Liquid BeEs [1000] 1000.00 999.99 2325.90 1004.70 995.35 1000.01
PVRInox 1461.55 1455.00 1474.00 1478.00 1416.60 1673.15 1875.45 1336.40 ­ ­ SPIC 83.55 84.55 83.80 85.80 83.60 1531.35 89.11 52.20 9 84.51 VensPipe&Tub 1490.55 1456.20 1490.00 1490.40 1450.20 198.46 1582.00 711.00 ­ ­ MIRAEAMC ­ ALPHAETF 21.94 22.07 50.17 23.50 16.56 ­
PYRAMID TECH 183.80 185.35 184.60 191.00 183.60 97.18 239.35 162.50 ­ ­ SPL Ind 73.85 73.55 75.45 75.45 72.60 54.23 80.75 53.70 15 73.41 VenusRem 374.70 397.15 379.90 405.45 374.95 133.18 429.60 145.00 27 396.80 MIRAEAMC ­ BANKETF 454.53 459.88 7.19 553.25 421.00 ­
SportkingInd 786.40 799.20 788.00 803.00 781.55 17.85 948.15 638.75 ­ ­ VerandaLearn 276.95 273.50 277.95 280.55 270.95 157.65 336.90 159.70 ­ ­ MIRAEAMC ­ ITETF 36.68 36.97 7.62 40.00 30.40 ­
Sr.Leathrs 362.55 382.80 363.05 391.00 362.90 121.54 435.95 159.10 31 381.65
Q ............................................... Sr.Ray.HHP 584.30 586.85 587.80 590.00 583.00 16.56 815.00 375.00 7 586.60
Vesuvius
Veto Switch
3563.85
124.90
3549.80
126.60
3563.00
125.40
3588.80
129.20
3525.05 7.25
124.25 169.76
3955.00
146.90
1500.00 39 3540.80
71.40 10 126.35
MIRAEAMC ­QUID 999.99 999.99 62.26 1000.84 999.00 ­
Quess Corp 492.80 504.25 492.80 506.50 491.40 311.17 539.00 337.45 49 503.75 SRF 2222.35 2325.10 2215.00 2333.20 2215.00 2855.59 2636.65 2050.00 39 2323.95 MIRAEAMC ­ MAESGETF 35.61 35.94 212.29 37.93 27.46 ­
QuickHealTec 495.60 503.80 504.40 522.60 497.15 621.87 522.30 127.35 ­ 502.50 V­Guard [1] 289.60 292.40 289.65 293.00 288.95 203.52 335.35 230.25 68 291.60 MIRAEAMC ­ MAFANG 76.69 75.78 515.12 77.27 41.59 ­
SRGHousgFin 284.75 279.85 286.20 295.20 252.65 7.82 336.75 230.00 ­ ­ VidhiSpclIng [1] 409.00 409.85 410.25 412.00 408.25 10.20 472.00 317.15 60 409.05
Star Pap 254.30 282.00 256.60 288.00 255.55 814.45 288.00 143.30 6 282.00 MIRAEAMC ­ MAFSETF 20.63 20.83 264.96 22.45 17.35 ­
VijayaDianos 650.10 660.40 653.35 675.10 652.35 157.05 698.95 349.25 ­ ­
R ............................................... StarCement [1] 184.05 186.35 185.00 190.00 184.90 1130.90 190.00 104.15 40 186.25 Vikas EcoTec [1] 4.60 4.40 4.50 4.55 4.4021701.06 5.09 2.38 ­ 4.41
MIRAEAMC ­ MAGOLDETF 62.74 62.74 24.35 69.80 47.60 ­
R R KABEL 1434.85 1433.35 1448.65 1448.65 1404.30 433.76 1820.00 1136.80 ­ ­ StarHealth 565.35 578.85 574.00 590.00 566.15 2020.83 675.00 481.55 ­ ­ Vimta Lab [2] 422.35 454.05 425.00 465.00 421.00 208.23 621.40 288.90 25 455.05 MIRAEAMC ­ MAGS813ETF 25.29 25.02 0.39 29.00 19.33 ­
R Sys Intl [1] 503.40 514.85 503.80 519.85 503.30 73.04 599.00 237.00 36 514.25 STC India 173.55 171.60 173.80 179.80 170.45 399.21 187.30 62.05 28 171.70 Vinati Org [1] 1708.25 1733.40 1702.95 1741.00 1702.10 59.90 2029.50 1680.00 44 1728.45 MIRAEAMC ­ MAM150ETF 17.78 18.05 691.96 18.35 10.75 ­
RaceEcoChain 360.70 365.45 362.20 369.00 360.00 10.11 408.65 226.10 ­ ­ Steel Strp [1] 277.90 279.80 278.70 282.00 276.60 237.73 298.90 134.35 21 280.05 Vindh.Tel 2462.40 2448.70 2462.40 2481.95 2435.00 10.61 2720.00 1506.45 16 2453.55 MIRAEAMC ­ MAMFGETF 112.36 114.00 12.64 116.05 67.32 ­
Radiant Cash 90.15 89.95 91.00 91.15 89.75 455.12 114.30 87.10 ­ ­ Steelcast 710.25 705.90 717.35 717.35 700.00 23.62 747.00 437.95 ­ ­ Vinyl Chm [1] 434.20 434.25 439.30 439.30 433.10 27.12 584.95 314.65 37 433.65 MIRAEAMC ­ MAN50ETF 227.51 229.13 22.57 238.00 176.06 ­
Radico [2] 1626.45 1663.90 1628.00 1667.00 1628.00 88.31 1882.05 1069.60 101 1664.20 SteelExIndia 17.55 17.35 17.60 17.95 17.0520107.87 18.40 7.80 ­ ­ VIP Ind [2] 543.70 538.65 531.00 554.00 513.15 4412.94 725.95 513.25 110 538.25 MIRAEAMC ­ MANV30F 174.45 175.04 0.30 176.08 120.00 ­
RadikaJwlTec 60.10 62.80 60.85 64.90 60.10 8062.26 252.00 31.00 ­ ­ Stel Hld [1] 316.20 318.10 320.45 325.00 313.15 13.62 0.24 0.20 ­ ­ VIPClothing [2] 46.00 46.40 46.00 47.25 45.70 314.50 59.76 37.53 ­ 46.25 MIRAEAMC ­ MANXT50 555.37 560.67 4.83 561.99 372.00 ­
RagegainTrvl 789.95 797.20 794.80 817.00 790.00 308.78 821.65 313.30 ­ ­ Ster.Tool [2] 373.10 378.60 376.10 382.00 374.60 50.66 456.75 313.45 39 378.10 Vipul Ltd [1] 15.55 15.65 15.55 15.90 15.50 116.21 20.50 10.11 ­ 15.70 MIRAEAMC ­ MASILVER 71.99 71.57 4.46 77.83 67.01 ­
RailTelCorp 423.65 437.45 427.00 439.50 421.70 7534.98 459.20 96.25 ­ ­ Sterlg&Wilsn 583.15 566.70 590.05 597.00 556.75 2368.83 627.70 253.00 ­ ­ VIRINCHI 37.45 37.40 37.50 38.45 36.70 917.13 47.05 28.25 ­ ­ MIRAEAMC ­ SENSEXETF 71.80 71.91 7.65 82.00 62.27 ­
RailVikasNgm 296.25 308.25 297.65 309.55 295.4021529.18 345.50 56.05 ­ ­ SterliteTech 140.20 143.95 141.00 145.60 140.50 2613.81 185.80 128.55 ­ ­ Visak.Ind [2] 133.60 137.05 136.60 138.00 132.90 1259.71 138.00 64.88 65 137.01
Rain Ind [2] 178.05 174.25 178.00 178.00 168.55 8550.07 188.50 141.05 102 174.10 StoveKraft 442.30 443.45 449.50 449.50 440.50 49.66 579.00 353.10 ­ ­ MIRAEAMC­MAHKTECH 12.89 12.61 3525.94 16.79 12.43 ­
VishnuChem [2] 313.05 323.75 313.30 326.60 313.05 98.14 385.30 245.05 18 323.45 MIRAEAMC­MASPTOP50 36.71 36.68 119.21 36.95 26.10 ­
RainbowChild 1222.30 1217.60 1221.90 1234.10 1209.95 129.30 1329.85 697.00 ­ ­ Str.Arcolab 699.35 698.70 704.00 706.40 682.20 734.81 735.20 268.40 73 698.20 VishnuPrakas 213.05 213.75 213.40 215.20 211.65 526.29 242.00 144.00 ­ ­
Raj.Exp [1] 355.00 365.60 355.00 366.80 354.10 705.24 1028.40 334.00 355 365.30 StylamIndust 1660.30 1641.25 1660.30 1665.95 1630.05 19.17 1970.70 945.00 ­ ­ MOTIAMC­MOHEALTH 33.32 34.14 39.65 34.85 21.11 ­
VishwarajSug 16.70 17.35 16.90 17.45 16.25 3571.40 22.30 13.10 ­ ­
RajratanGlbl 679.35 680.95 680.90 690.05 676.05 85.18 919.90 664.00 ­ ­ StyrenPerfor 1531.95 1541.20 1540.00 1575.95 1516.00 16.02 1616.95 696.10 ­ ­ VLS Fin 278.05 281.95 276.90 294.00 272.65 689.33 296.60 140.75 5 281.25 MOTIAMC­MOLOWVOL 33.33 33.61 6.00 35.00 21.21 ­
Rajsr.Sug 80.50 82.85 82.05 84.95 81.50 554.09 84.94 32.99 10 82.75 Subex 36.40 37.55 36.60 38.90 35.9043218.12 43.50 25.00 ­ ­ Voltamp 7810.95 8054.30 7810.95 8290.00 7790.00 51.18 8574.30 2352.00 28 8044.90 MOTIAMC­MOMOMEN 57.85 58.45 49.72 58.87 35.53 ­
RajsrePolypk 259.45 257.35 260.00 263.45 254.30 27.98 271.95 139.00 ­ ­ Subros [2] 712.50 663.25 717.00 719.70 660.00 649.37 732.65 272.00 65 664.00 Voltas [1] 1016.90 1092.75 1001.00 1101.00 990.10 9851.09 1100.10 745.00 74 1094.05 MOTIAMC­MONQ50 57.27 57.57 36.66 59.00 51.36 ­
Rallis [1] 262.80 264.40 263.80 267.50 261.50 738.85 272.00 186.50 52 264.25 Sud.Chem [2] 524.30 525.40 525.65 533.55 519.25 79.91 565.90 345.00 62 525.40 VRL Logistic 742.55 744.60 742.50 756.70 740.55 97.06 798.40 483.00 43 745.55 MOTILALAMC ­ G5 54.40 54.44 27.04 55.90 48.85 ­
Rama News 19.30 18.95 19.30 19.80 18.85 461.05 20.83 10.30 ­ 18.97 SukjiStr&Che 543.05 538.50 550.00 556.00 533.00 31.76 597.90 360.30 ­ ­ VST Ind 3555.10 3700.90 3555.00 3728.00 3531.10 29.40 4328.45 2912.55 20 3702.15 MOTILALAMC MONIFTY500 19.46 19.75 182.18 20.78 16.30 ­
Rama Steel [1] 44.10 45.10 44.00 47.25 43.8021008.84 50.50 26.10 ­ 45.15 SulaVineyard 648.60 663.30 648.00 692.00 648.00 1541.59 699.00 326.35 ­ ­ VST Til 3333.75 3331.25 3333.00 3390.00 3308.60 12.67 4184.25 2097.15 22 3330.60 MOTILALAMC­MOQUALITY 166.80 168.60 0.21 190.00 112.96 ­
RamaPhosphat 222.15 227.75 223.30 230.00 219.90 20.40 270.00 169.80 ­ ­ Sumit.Sec 1350.70 1388.05 1355.00 1441.95 1355.00 13.08 1507.00 517.90 59 1389.55 MOTILALAMC­MOVALUE 85.25 86.66 71.60 89.98 46.33 ­
Ramco Cem [1]
Ramco Ind [1]
985.15
246.30
1018.20
245.60
985.15
246.65
1020.00
248.40
980.15 460.91
242.00 229.84
1057.85
250.00
655.70
117.50
60
27
1017.95
245.45
SumitomoChem
Sun Pharma [1]
394.85
1371.75
415.60
1418.45
395.05
1371.70
417.50
1438.90
394.60 1099.53
1366.90 5796.36
482.00 371.00 ­
1438.50 922.55 89 1418.50
­ W............................................... MOTIOSMIDCAP100ETF 50.60 51.63 215.91 53.13 30.89 ­
Walch.Ind [2] 192.05 197.55 198.50 200.00 185.40 530.73 208.80 49.85 ­ 197.05 MOTIOSNASDAQ100ETF 142.48 140.47 484.89 145.47 94.00 ­
Ramco Sys 323.05 330.95 323.00 334.95 318.80 82.28 346.70 188.50 ­ 331.20 Sun TV [5] 655.50 658.60 655.25 667.55 652.05 840.52 734.90 394.00 14 658.70
Ramk.Forg [2] 748.95 763.45 748.95 766.00 748.95 245.71 814.95 244.75 45 762.75 Sund.Fast [1] 1219.60 1219.15 1223.00 1239.00 1216.25 104.66 1334.15 951.50 56 1220.70 Webel SL 352.15 369.75 369.75 369.75 365.20 468.73 369.70 62.30 49 369.70 MOTIOSWALM50ETF 218.62 220.10 2.31 241.99 169.14 ­
Ramky Inf 909.35 920.70 909.35 939.90 906.75 174.22 938.20 252.05 19 923.25 Sund.Fin 3535.60 3567.65 3537.00 3619.30 3524.90 35.82 3861.85 2190.40 33 3559.25 Wels.Corp [5] 581.15 587.40 585.20 597.25 572.60 2993.17 612.20 177.85 27 584.55 NAVIAMC ­ NAVINIFTY 215.61 217.11 0.72 230.00 189.00 ­
RamRatnaWire 305.45 301.25 304.00 310.50 299.00 59.87 345.45 149.95 ­ ­ SUNDAR CLAYT 1525.20 1513.40 1525.20 1565.95 1497.10 56.84 1783.75 1439.80 ­ ­ Welspun Ent. 347.45 355.50 350.60 359.85 347.00 481.14 368.75 117.35 16 354.65 NiftyBeEs [1] 238.13 240.26 1870.88 256.30 184.55 240.14
Rana Sug 23.05 23.85 23.25 24.45 23.10 4146.82 30.29 19.40 8 23.81 SundarFinHol 190.05 191.60 192.00 195.00 186.60 387.86 197.90 74.00 ­ ­ WELSPUNVING 152.80 163.80 152.95 171.25 151.5021295.09 171.25 62.00 ­ ­ NiftyJrBeEs [1] 583.10 587.70 66.57 590.05 390.90 587.27
Rane (M) 759.90 752.85 764.00 779.30 748.80 15.59 989.95 386.70 7 752.55 Sunflag 239.95 236.70 241.50 243.65 234.30 705.59 248.95 124.30 26 236.70 West C Pap [2] 782.95 776.00 785.00 790.00 767.10 401.09 815.00 465.30 8 775.45 NIPINDETFCONSUMP 104.49 105.51 18.38 107.05 76.53 ­
Rane Brk 871.80 872.40 882.00 897.20 861.50 29.35 944.60 585.00 18 871.45 Sunteck [1] 471.45 469.70 473.50 475.95 465.50 559.98 511.65 271.25 ­ 468.90 WestlifeDevp 815.95 831.50 824.95 838.00 815.00 128.44 1024.95 639.30 ­ ­ NIPINDETFDIVOPP 70.93 71.58 29.69 73.35 46.69 ­
Rane Hld 1233.40 1231.45 1221.00 1275.10 1220.00 15.04 1378.10 792.00 26 1234.35 Superhouse 251.80 249.10 250.00 255.70 248.00 15.45 286.05 185.05 19 249.05 Wheels Ind 668.20 657.60 660.00 668.00 648.80 180.37 853.95 434.00 28 657.95
NIPINDETFETFNV20 134.42 135.50 3.54 137.85 99.35 ­
RatanindiaEn 87.85 88.15 88.00 90.25 86.1515334.24 94.15 32.15 ­ ­ Supr.Ind [2] 4210.40 4129.95 4210.00 4223.95 4083.35 239.01 4883.75 2430.50 52 4146.75 Whirlpool 1309.10 1348.65 1316.00 1352.00 1313.15 83.76 1733.00 1218.20 111 1349.45
Win.Diamond [2] 75.65 82.40 75.65 84.00 75.30 215.46 104.85 34.65 35 82.19 NIPINDETFIT 38.61 38.78 2277.24 40.00 27.56 ­
Ratnamani [2] 3245.70 3574.45 3248.80 3600.00 3248.00 484.09 3923.95 1916.00 40 3578.20 Suprajit [1] 388.95 392.45 388.45 395.00 385.95 208.58 446.75 318.85 27 394.10 NIPINDETFLONGTEGILT 25.02 25.05 1021.09 25.40 22.40 ­
RatnaverPrec 123.10 125.15 126.00 127.15 123.55 1035.62 138.00 109.80 ­ ­ SupremePetro 594.25 600.95 594.55 609.80 578.00 161.62 618.00 345.30 ­ ­ WindlsBiotec 492.75 489.85 499.30 507.00 488.15 107.53 544.00 220.55 ­ ­
Wipro [2] 472.50 478.15 472.50 479.90 469.00 5292.24 526.45 351.85 28 477.80 NIPINDETFMIDCAP150 180.62 183.04 167.49 186.36 112.00 ­
RattanIndPow 11.20 11.00 11.25 11.30 10.8069822.42 11.71 2.82 ­ 10.99 SupryaLifeSc 309.40 304.55 311.70 312.95 303.00 200.92 332.65 170.15 ­ ­ NIPINDETFNIFTY100 228.73 229.89 5.93 241.65 171.00 ­
Raymond 1709.50 1775.35 1710.00 1790.00 1705.00 235.42 2240.00 1092.60 23 1775.35 SURAJ ESTATE 338.90 342.25 342.45 348.20 338.65 168.63 364.80 324.05 ­ ­ Wockhardt [5] 445.35 460.25 448.00 470.10 445.30 1003.09 507.80 145.35 ­ 459.30
WonderlaHoli 858.90 878.60 864.15 889.00 854.05 55.04 995.50 325.50 29 877.60 NIPPONAMC­NETFAUTO 191.75 194.76 104.77 195.15 120.20 ­
RBL Bank 255.50 260.55 255.70 262.00 252.15 8174.52 300.50 131.60 14 260.45 Surana Tel [1] 18.60 19.00 19.30 19.50 17.70 1078.76 19.68 7.65 ­ 19.00
RBZ JEWELLERS 188.40 195.35 188.15 197.80 188.15 649.63 255.35 96.00 ­ ­ SuratwalaBus 721.70 746.05 730.80 755.00 720.05 70.76 755.00 164.90 ­ ­ WorthPeriprl 121.35 120.50 124.80 125.40 119.50 48.18 136.95 84.20 ­ ­ NIPPONAMC­NETFPHA 17.76 18.23 5420.65 18.50 11.56 ­
RCF 178.55 183.15 179.75 183.70 178.00 5514.00 190.00 89.50 23 182.65 Surya Rosh [5] 776.70 784.10 777.70 792.70 760.40 199.00 841.50 300.83 22 782.50 WS Ind 130.05 133.80 134.90 136.55 130.50 388.32 140.30 17.65 37 133.90 NIPPONAMC­NETFSIL 70.78 70.59 808.55 76.27 60.79 ­
RECL 492.05 499.05 492.05 501.00 484.0011483.58 511.50 110.50 10 498.85 Suryalaxmi 82.70 82.45 83.60 84.90 81.30 73.56 89.00 44.15 19 82.36 NIPPONIND­NIMFXX 118.80 118.69 0.75 121.05 110.63 ­
Redington [2] 177.45 179.85 177.45 181.90 177.05 1195.76 195.95 136.25 14 179.70 SuryodaySFB 164.60 166.70 165.40 168.50 161.60 246.06 194.55 90.50 ­ ­ X­Z. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PSU Bk BeEs [1] 68.08 69.60 2536.09 69.97 39.12 69.64
Redtape 615.35 661.00 619.05 672.45 615.30 571.94 672.45 411.05 ­ ­ Sutlej Te [1] 64.50 65.70 65.20 68.30 63.90 1419.84 70.00 38.25 ­ 65.67 Xchang 114.80 113.70 115.65 117.50 113.00 840.41 125.60 51.67 83 113.75 Qgold [2] 52.88 53.04 50.86 53.30 41.10 53.01
Refex Ref 682.85 694.35 684.00 709.80 684.00 55.76 923.95 221.30 13 694.85 SuvenPharma 685.10 672.80 682.20 682.20 670.00 72.13 768.00 463.30 ­ ­ Xpro India 1234.20 1221.85 1234.20 1249.90 1206.00 47.16 1273.95 528.00 71 1219.30 Qnifty 2296.18 2321.05 1.93 2548.00 1781.10 2322.00
Rel.Ind.Inf 1398.95 1410.40 1398.50 1434.30 1398.50 371.90 1604.00 723.00 198 1411.80 Suzlon [2] 43.80 45.95 44.40 45.95 44.20 145374.84 46.01 6.96 ­ 46.01 YashoIndust 1635.50 1647.65 1635.50 1654.00 1633.65 11.91 1864.80 1556.00 ­ ­ RELCAPAMC­NETFGILT5Y 54.64 54.69 133.10 56.15 49.15 ­
Rel.Infra 231.55 231.05 230.00 235.00 229.90 1738.44 248.30 114.60 ­ 230.40 Swan Ener [1] 622.45 639.05 623.00 641.90 616.00 8745.89 641.90 193.00 ­ 639.80 YatharthHosp 375.90 379.05 377.45 381.50 373.30 149.66 441.85 306.10 ­ ­ RELCAPAMC­NETFSDL26 118.27 118.21 52.92 121.50 107.20 ­
Relaxo [1] 845.20 860.10 848.50 869.00 848.00 101.71 974.00 748.50 110 860.80 Swaraj Eng 2208.25 2220.40 2208.25 2244.85 2208.25 5.94 2597.95 1395.65 20 2220.15 YATRA ONLINE 173.75 178.70 175.10 182.00 174.25 708.87 186.05 124.55 ­ ­ SBIAMC ­QUIDSBI 1000.00 1000.00 0.70 1000.01 995.00 ­
Reliance 2815.25 2853.25 2808.00 2868.50 2805.00 7565.11 2917.95 1979.13 43 2853.20 Swle. Ener 710.45 765.25 733.00 775.00 720.00 95.13 812.55 262.90 44 767.00 Yes Bk [2] 23.90 24.10 24.00 24.30 23.90 164453.37 26.25 14.10 ­ 24.07
SBIAMC ­ SBIETFQLTY 194.71 196.37 2.30 203.15 142.85 ­
Religare 226.85 236.75 228.70 246.30 226.0036761.09 280.30 130.00 ­ 236.70 Symphony [2] 931.75 940.70 925.00 976.00 925.00 221.78 1218.95 825.25 43 943.40 YukenIndia 668.55 699.60 668.55 709.85 666.45 7.67 822.10 462.10 ­ ­
ZAGGLE PREPA 240.45 234.50 241.95 245.00 232.20 1263.63 266.20 155.30 ­ ­ SBIAMC ­ SETF10GILT 224.11 224.14 11.42 227.89 206.01 ­
RenaisncGlob 114.35 114.15 115.20 116.40 113.45 162.91 131.90 80.40 ­ ­ SynergGreen 385.00 387.80 385.15 389.95 380.05 17.59 393.00 182.00 ­ ­
Zee Ent [1] 170.90 173.10 172.00 174.40 167.5016230.29 299.50 152.50 36 173.05 SBIAMC­SBIETFCON 96.75 97.43 3.97 100.00 70.45 ­
Repco Home 411.05 407.10 413.00 414.70 403.50 179.31 457.00 168.50 7 407.15 Syngene Int 716.85 750.50 718.50 753.45 715.60 2208.09 860.20 545.10 64 750.70
Resp.Ind [1] 302.90 299.80 303.80 306.90 294.00 251.14 364.80 104.95 ­ 300.00 SyrmaSgsTech 597.20 598.70 602.95 602.95 595.00 323.44 705.20 248.10 ­ ­ Zee Med [1] 14.45 14.85 14.50 15.05 14.2513064.18 18.30 7.63 ­ 14.82 SBIAMC­SBIETFIT 384.23 387.46 2.24 399.95 276.25 ­
RestBrndAsia 117.10 118.45 118.10 119.15 116.25 2429.64 137.70 84.50 ­ ­ Zen Tech. [1] 800.40 840.40 840.40 840.40 820.00 711.31 912.55 190.85 62 840.75 SBIAMC­SBIETFPB 235.52 238.16 5.76 256.05 197.00 ­
RHIMagnesInd 730.70 724.85 731.00 746.55 717.00 136.33 824.00 576.00 ­ ­ T ............................................... ZensarTec [2] 566.10 574.25 569.80 578.00 563.05 819.18 643.95
ZFComVeCtrSy 16312.3516336.5515908.0016524.0015826.60 10.8917700.00
218.65 25
8970.65 ­
573.55
­
SBI­ETF Gold
SBI­ETF NIFTY 50
55.00
225.05
54.87
226.99
422.19
315.40
56.65
232.85
48.21
174.41
­
­
Rico Auto [1] 101.95 101.80 102.50 104.45 101.25 1951.84 111.55 63.00 35 101.74 Tainwala 157.15 156.35 158.95 165.45 149.05 111.72 166.00 97.20 26 156.35
RishabInstru 584.35 596.55 587.30 616.65 578.65 265.45 616.65 432.35 ­ ­ ZimLabs 107.35 107.45 107.40 109.60 106.70 187.85 152.70 68.05 ­ ­ SBI­ETF NIFTY BANK 458.66 464.90 24.84 493.30 388.50 ­
Taj GVK [2] 255.55 256.45 255.50 261.50 252.40 166.64 288.95 172.00 29 256.25
RitcoLogistc 236.05 248.35 233.10 262.00 233.10 301.54 309.45 215.65 ­ ­ Zod.Clo 129.65 142.55 128.25 144.50 128.25 409.03 150.60 80.00 ­ 142.35 SBI­ETFNN50 577.29 581.00 13.92 591.55 385.13 ­
Take Sol [1] 28.65 28.75 28.85 29.35 28.25 1329.41 30.00 12.70 ­ 28.68
Rites 721.10 743.25 727.00 747.00 715.50 5285.36 763.75 311.60 37 743.15 ZOMATO 137.20 139.55 140.00 142.00 138.0089833.03 142.00 46.45 ­ ­ Sharia BeEs 495.98 499.20 0.82 518.00 360.01 499.35
Tanla Sol [1] 1000.30 1030.20 1001.75 1034.30 1001.75 597.69 1317.70 506.10 157 1029.25
RKECProjects 83.60 86.10 84.45 88.00 83.10 231.31 92.00 48.50 ­ ­ ZotaHealthCr 496.95 507.15 490.05 520.00 490.05 85.22 532.90 270.00 ­ ­ TATAAML ­ NPBET 238.93 241.32 0.80 267.00 199.54 ­
Tarmat 98.95 99.20 99.95 101.70 98.55 168.83 111.00 48.25 60 99.34
RolexRings 2397.55 2399.00 2396.20 2419.10 2364.40 16.50 2620.00 1622.65 ­ ­ Zuari Ag 232.00 244.80 232.00 247.40 230.00 761.64 259.75 116.15 7 244.75 TATAAML­NETF 227.90 228.82 3.59 250.00 171.80 ­
TarsonsProd 494.90 484.30 495.10 498.00 480.85 179.41 720.00 444.15 ­ ­
RosariBiotec 781.25 796.45 781.25 809.80 781.25 115.87 903.85 536.35 ­ ­ ZuariIndus 269.75 290.75 270.70 294.00 264.95 324.07 302.95 104.00 ­ ­
TastyBiteEat 13481.50 14018.80 13481.50 14078.60 13393.80 1.59 19867.10 7955.40 79 14001.10 TATAAML­TATAGOLD 6.25 6.30 803.15 8.50 6.10 ­
Rossell [2] 445.10 473.30 447.75 479.00 440.00 206.25 549.85 222.00 154 473.25 ZydusLifescn 755.90 760.80 755.90 766.00 745.00 993.27 766.00 425.70 ­ ­
Tata Chem 1005.75 1028.05 1010.10 1032.60 1007.00 941.82 1140.95 912.25 30 1027.60 TATAAML­TATSILV 7.17 7.16 266.66 9.17 6.98 ­
RotoPumps 435.55 431.60 439.65 443.20 427.70 151.21 817.00 313.40 ­ ­ ZydusWel 1601.50 1614.95 1601.50 1634.35 1601.50 22.77 1720.65 1363.85 172 1614.00
Tata Com 1703.65 1737.05 1710.50 1741.80 1701.80 454.05 1956.85 1157.10 87 1737.05 TATAAML­TNIDETF 77.52 78.31 25.81 80.91 50.60 ­
RouteMobile 1571.80 1592.90 1571.80 1603.25 1566.00 249.92 1759.90 1157.35 ­ ­ Tata Elxsi 7594.80 7605.15 7600.00 7657.10 7572.05 141.14 9191.10 5883.05 59 7603.60
Royal Orchd 356.25 356.60 356.30 362.00 354.05 62.89 384.75 219.00 39 355.25 UTI Gold [1] 53.30 53.30 33.47 53.85 45.83 53.44
RPG Life [8] 1584.45 1617.15 1584.45 1624.95 1575.05 14.60 1644.00 645.70 34 1609.65
Tata Inv
Tata M DVR [2]
5794.00
571.40
5635.65
584.00
6000.00
575.95
6100.00
593.95
5400.60 1303.65
575.15 4817.50
6100.00
593.50
1735.00 102 5637.10
202.05 ­ 583.85
Exchange Traded Funds UTIAMC ­ NIFMID150 176.96 178.29 1.53 195.00 141.57 ­
RPSGVentures 765.70 760.15 768.95 771.25 738.65 186.98 847.00 360.10 ­ ­ UTIAMC ­ SILVERETF 71.50 71.59 26.81 89.37 66.60 ­
Tata Metlk 1060.40 1066.35 1068.40 1074.30 1054.05 48.21 1094.25 725.00 30 1065.95
RSWM 222.40 226.85 223.55 227.90 223.30 230.65 234.85 144.00 ­ 226.60 Company Pre Cl NSE Cl Vol 52 WH 52 WL BSE Cl UTIAMC ­ UTIBANKETF 46.15 46.68 100.82 49.70 39.03 ­
Tata Motors [2] 858.85 884.20 865.20 896.50 865.2024562.39 896.65 400.40 55 884.20
Ruby Mills [5] 239.60 250.10 241.05 253.50 238.00 90.80 269.55 137.00 25 249.40 Tata Steel [1] 134.70 135.95 135.00 136.70 134.5036079.35 142.15 101.65 10 135.90 UTIAMC ­ UTINIFT 231.84 233.18 577.86 2168.80 202.55 ­
Ruch.Paper 155.45 160.20 157.30 164.20 156.00 1178.61 163.90 91.10 7 160.25 TATA TECHNO 1120.85 1111.40 1124.70 1124.70 1108.80 780.69 1400.00 1108.80 ­ ­ Axis Gold [1] 53.21 53.47 52.34 53.70 46.93 53.49 UTIAMC ­ UTISENS 768.08 772.82 0.94 811.00 568.90 ­
RudrabhshEnt 199.40 202.65 198.00 203.45 198.00 22.69 235.70 131.70 ­ ­ TataConsuPro 1122.90 1118.00 1125.00 1127.50 1112.00 2428.74 1190.95 686.60 ­ ­ AXISAMC ­ AXISBNKETF 460.95 466.25 2.01 495.98 389.79 ­ UTIAMC ­ UTISXN50 69.78 70.50 1.85 78.00 40.36 ­
Rupa [1] 266.35 276.85 265.10 284.00 265.10 910.04 308.20 197.00 45 276.80 TataPowerC [1] 383.25 389.75 385.00 391.20 383.7015543.97 392.70 182.45 50 389.65 AXISAMC ­ AXISBPSETF 11.46 11.47 55.24 13.30 9.71 ­ UTIAMC­UTINEXT50 58.11 58.31 20.59 58.95 38.44 ­
Rush.Decor 362.25 359.30 362.00 365.00 358.05 112.92 406.70 202.47 20 359.10 TatvaChinPha 1341.55 1339.60 1345.00 1410.00 1325.10 65.70 2108.40 1308.40 ­ ­ AXISAMC ­ AXISHCETF 112.52 115.70 12.77 120.00 74.05 ­ ZERODHAAMC ­QUIDCASE 100.33 100.35 999.65 103.30 100.21 ­
TCI Express [2] 1332.10 1376.70 1338.75 1394.90 1336.25 76.30 1757.50 1295.00 38 1375.90 AXISAMC ­ AXISILVER 73.06 73.23 4.86 79.48 62.81 ­
S ............................................... TCNSClothing 400.35 407.10 399.35 410.85 395.70 110.60 542.00 341.15 ­ ­ AXISAMC ­ AXISTECETF 382.95 384.29 1.63 396.40 274.64 ­ *: Closing price is the average of trade price(s) for the last half an hour;52­Week High/Low figures
pertain to BSE.
S H Kelkar 168.55 167.65 168.30 168.75 166.00 338.26 189.20 81.90 26 167.40 TCPLPackage 2126.90 2142.65 2142.95 2173.00 2125.00 6.10 2365.00 1248.95 ­ ­ AXISAMC ­ AXSENSEX 71.80 72.36 0.91 85.00 57.20 ­
SadanaNitrCh 89.75 85.65 88.95 88.95 84.70 804.62 148.40 67.80 ­ ­ TCS [1] 3800.55 3815.95 3811.20 3834.00 3796.45 2459.36 3965.00 3070.30 33 3814.75 AXISAMC­AXISCETF 96.91 97.87 2.16 102.35 70.96 ­ Shares of face value other than ₹10 is indicated in brackets immediately following the name of the
Sadbhav [1] 21.15 22.05 21.75 22.20 21.25 958.19 24.53 8.52 ­ 22.09 TD Power [2] 291.85 302.40 294.55 304.90 294.40 835.06 307.90 121.45 43 301.90 AXISAMC­AXISNIFTY 231.31 233.00 4.62 240.35 179.30 ­ company.
SafariIndia 1942.60 2031.90 1945.00 2039.90 1938.10 147.08 4630.00 1721.30 ­ ­ TeamleaseSvc 2791.75 2866.60 2846.10 2913.00 2816.95 100.06 3326.00 2012.00 47 2869.90 Bank BeEs [1] 462.94 468.76 897.31 491.80 369.19 468.61 Qty (No of shares traded) is denoted in thousands.
Sagar Cem [2] 265.60 267.75 266.05 272.00 264.50 230.94 304.65 179.70 ­ 267.75 TechMahind [5] 1317.85 1333.65 1318.10 1336.00 1312.30 1798.46 1416.00 982.95 57 1333.45 BARODABNP BBNPPGOLD 62.25 62.25 2.50 65.50 56.00 ­
SahyadriInd 438.25 440.90 444.50 446.80 430.25 16.96 484.10 322.25 ­ ­ Technocr 2370.10 2391.90 2360.00 2411.75 2350.10 9.77 2749.80 876.20 30 2399.65 BFAM ­ BANKBETF 45.21 45.93 27.23 50.70 45.10 ­ The PE(price­earnings multiple) of each stock is based on the latest declared earnings.
SAI SILKS (KALA 243.95 243.40 244.00 245.20 238.50 321.29 312.00 221.85 ­ ­ TechnoEle&En 801.55 817.75 808.75 819.00 801.25 125.57 844.50 306.70 ­ ­ BFAM ­ NIFTYBETF 215.48 217.19 453.50 257.14 215.04 ­ The PE computation takes into account the per share earnings of each company for the latest 12
SAIL 121.20 122.50 121.50 124.30 120.7028514.17 126.90 80.50 17 122.50 TegaIndust 1133.05 1155.80 1133.05 1162.80 1133.05 73.13 1224.40 564.00 ­ ­ Birla Gold 56.04 56.16 10.27 57.80 49.44 56.19 months.

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

A.Sarabhai 59.19 60.62 Bhatia [1] 21.26 21.62 Evexia [1] 2.37 2.82 Hpal [2] 125.40 122.25 Kirloskar El 148.95 150.95 Monarch 588.15 594.20 Praveg 950.60 972.35 A
Aartipharm [5] 517.20 532.00 Biogen [1] 1.38 1.36 Exxaro 118.75 118.40 Ideaforge 714.10 712.85 Kmc Shil [1] 98.15 98.65 Morarka Fin. 143.95 164.40 Prerna Infr 34.20 36.17 D
Abslamc [5] 481.25 477.55 Blackrose [1] 144.30 148.60 Facor Alloys [1] 11.28 11.35 Iiflsec [2] 169.80 170.00 Kpel [5] 962.00 1010.10 Moschip [2] 104.43 103.65 Pressure Sen [1] 7.88 7.87 m M
Aci [2] 629.05 634.00 Blal 221.95 227.60 Familycare 9.61 9.76 Ikio 336.55 333.80 Kpigreen 1658.00 1823.80 Motisons 186.48 190.57 Primo [2] 45.63 46.10 G M m
Advait 1040.60 1014.05 Bls Infote [1] 2.98 3.02 Faze Three L 415.55 459.10 Ind.Acrylics 16.10 18.41 Kpittech 1456.05 1550.85 Mstc 1111.95 1059.65 Princepipe 699.20 709.80 G N V
Advikca [1] 3.86 3.98 Bluejet [2] 366.80 354.05 Fedfina 131.05 131.40 Indian Info. [1] 2.86 2.86 Kriti Nutri [1] 117.78 119.63 Msumi [1] 63.57 65.07 Prismx [1] 1.62 1.60 C m m
m G m W
Aeroflex [2] 153.30 153.95 Bmw [1] 71.62 72.30 Filat Fash [5] 18.61 18.92 Indiashltr [5] 588.25 612.45 Krsnaa [5] 697.00 696.55 Mtartech 2089.00 2100.85 Protean 1260.65 1296.00
Aether 846.90 883.35 Boroltd [1] 346.75 351.95 Finopb 326.95 331.20 Indo Amines [5] 170.25 178.20 Ksolves 1211.00 1234.20 Mufin [1] 230.20 229.70 Prudent [5] 1376.40 1434.40
Afel
Agol [1]
Alstone [1]
7.70
13.51
1.27
8.47
13.40
1.25
Cams
Cappipes [1]
Cartrade
2776.10
19.06
731.10
2896.10
19.13
728.20
Foods & Inns [1] 153.50
Force Motr
Fusion
3661.45
634.65
152.70
3966.05
648.15
Innovacap
Inoxindia [2]
513.60
895.10
Int.Conveyor [1] 96.01
516.35
915.20
96.41
Kuantum [1]
Lancer [5]
179.50
94.27
Latentview [1] 474.90
178.80
99.19
470.45
Mufti [2]
Muthootmf
Mvgjl
259.65
254.40
315.00
265.10
253.65
313.50
Qgo
Quadrant [1]
Radhe Devlo[1]
70.28
1.32
4.08
73.78
1.38
3.88
m
mm NSE Trade for Trade
C m P C C C m P C C C m P C C
Amrawor Agr[1] 1.18 1.18 Carysil [2] 852.65 856.50 G.V.Films [1] 0.82 0.85 IonExchange [1] 496.85 510.20 Leshaind [1] 4.97 5.01 Naksh 19.20 18.00 Radhikajwe [2] 60.00 62.74 H U C m
Anandrathi [5] 3014.55 3054.25 Cello [5] 861.40 840.55 Galactico [1] 5.75 5.67 Ipl [1] 377.35 396.80 Lici 932.75 949.75 Narmada 27.39 32.29 Railtel 423.35 437.35 U M W NO H
Andrew Yule [2] 53.03 55.46 Choice Int. 537.85 535.05 Gandhar [2] 245.85 245.45 Ircon [2] 234.75 237.35 Likhitha [5] 257.20 259.10 Nazara [4] 870.30 887.20 Rainbow 1223.65 1216.95 U M O O
Angelone 3092.20 3284.25 Clean [1] 1404.75 1494.15 Ganesh Benz[1] 199.70 199.20 Irctc [2] 963.60 978.35 Llficl [1] 2.47 2.40 Netweb [2] 1407.10 1399.95 Raj Glo Wir [2] 679.75 681.75 U O H
Anmol 60.67 61.69 Cmsinfo 386.75 384.95 Ganonpro 15.17 15.62 Ireda 173.25 181.90 Lloyds Met E [1] 566.60 566.45 Ngil 63.05 63.80 Rajnish [1] 10.75 10.54 Um w
Anupam [1] 2.66 2.65 Comfort Inte [1] 9.06 8.88 Garmntmntr [1] 6.61 6.76 Irfc 166.58 175.03 Lodha 1035.00 1069.70 Nibe 905.85 912.85 Rajoo Engin. [1] 197.60 199.10 U N W
Apm Indus. [2] 87.06 75.85 Comsyn 95.57 99.28 Gateway 107.00 112.15 Irmenergy 527.25 538.95 Lxchem [2] 267.20 269.90 Niitmts [2] 420.90 472.20 Rasi Electro [2] 29.27 30.29 m U N w&
Aptus [2] 358.90 374.55 Conart Eng. 76.38 91.65 Gennex Lab [1] 19.22 19.60 Isec [5] 770.80 820.35 Madhavipl [1] 14.70 14.41 Nikhil Adhsv [1] 139.85 143.85 Rategain [1] 790.45 797.15 m U m HM
Arcfin [1] 1.01 1.06 Craftsman [5] 4518.85 4374.55 Genpharma [1] 5.39 5.29 Jagatjit Ind 196.30 187.50 Madrasfert 113.05 114.80 Niraj Cement 56.10 60.47 Rat m U O H m
Arihant Cap. [1] 73.90 75.25 Cressanda So[1] 22.95 22.88 Gensol 897.10 865.50 Jct Ltd [2] 3.22 3.28 Mafang [40] 76.73 75.82 Niyogin 80.14 78.97 U & M
Ashirwa Cap [1] 6.63 7.95 Csl [2] 7.10 8.40 Ghcltextil [2] 78.51 80.16 Jiofin 247.80 248.30 Mafatlal Ind [2] 152.40 154.60 Novartis [5] 1001.30 988.45 w m V N m H m
Ashni [1] 10.05 9.55 Cyientdlm 666.00 682.45 Gitarenew 261.85 248.80 Jmdvl 22.98 22.53 Mah.Ras.Apex 144.30 159.55 Nslnisp 65.77 69.67 w V m w
Asianene 328.10 311.70 Danlaw Tech. 2210.95 2206.50 Gland [1] 1883.10 1954.80 Johnpharma [1] 0.96 1.00 Maha Corp [1] 1.63 1.71 Nureca 369.75 381.00 m V M
Askautoltd [2] 293.95 301.50 Datapattns [2] 1953.65 1905.00 Global Cap. [1] 1.02 1.03 Jswinfra [2] 212.90 215.10 Mahepc 150.20 147.90 Nuvama 3572.85 3572.15 V NO N N
Atalreal [2] 15.49 16.93 Dcxindia [2] 347.15 345.00 Gls [2] 839.45 873.05 Jtaparia 31.22 29.66 Mahktech 12.91 12.67 Nuvoco 355.25 361.30 V W
Atl [2] 72.89 72.33 Ddevplastik [1] 222.45 222.85 Gmrp&Ui [5] 51.10 51.12 Jtlind [2] 256.40 270.20 Mangalam In[1] 6.20 5.89 Nykaa [1] 165.30 163.25 m D C m V M M
Avalon [2] 531.35 545.90 Ddil [1] 7.41 7.22 Gnrl 28.20 28.47 Jublingrea [1] 436.20 437.60 Mankind [1] 2057.00 1999.55 Nyssacorp [1] 10.99 10.45 V w
Avantel Ltd [2] 121.10 121.10 Deccangold [1] 125.90 127.10 Goodyear (I) 1388.90 1392.85 Jyoti Resins 1516.85 1502.45 Manyavar [1] 1029.75 1003.00 Ok Play (I) 167.85 171.60 V H N
Avl 3714.45 3911.60 Delhivery [1] 427.55 448.80 Grauer& Weil[1] 165.00 157.00 Jyoticnc [2] 461.50 553.80 Maxhealth 736.60 781.45 Orientelec [1] 210.00 209.15 V w m m
Awhcl [5] 549.25 563.40 Denis Chem 122.35 140.65 Greencrest [1] 1.22 1.22 Kacl [1] 16.70 16.96 Maximus [1] 22.93 23.68 Orirail [1] 258.75 271.65 V m
Awl [1] 357.65 355.65 Devyani [1] 175.10 181.95 Greenpanel [1] 408.05 398.40 Kalamandir [2] 243.90 243.15 Mazdock 2287.05 2290.65 Orosmiths [1] 5.16 6.16 M V m O
Axita [1] 27.11 27.08 Dodla 965.00 1030.25 Grinfra [5] 1183.10 1214.30 Kalyankjil 368.35 350.30 Medanta [2] 1115.40 1147.85 Pakka 347.25 357.35 N m m V W m
Azad [2] 854.00 961.30 Doms 1401.30 1404.70 GrmOversea[2] 196.50 203.35 Kamaholding 2628.95 2685.30 MediaMatrix [1] 24.62 24.13 Pan India C 2.71 2.74 G W m M
Bajaj Steel [5] 1497.55 1529.40 Dreamfolks [2] 536.45 556.40 Growington 186.65 18.45 Kamopaints [5] 219.15 225.55 Mediassist [5] 450.30 458.40 Panafic [1] 1.38 1.38 m m W w
Bajel [2] 174.00 182.50 Easemytrip [1] 46.41 47.08 Hampton [1] 47.17 48.13 Kanpur Plast 123.15 123.75 Medplus [2] 721.10 716.95 Paradeep 78.60 79.69 m W M O N m
Balmer La.In 665.00 696.05 Eastwest [2] 8.80 8.67 Happstmnds [2] 858.25 876.35 Kaynes 2817.35 2830.80 MenonPiston[1] 106.22 112.64 Paras 785.95 810.50 m W M m
Baluforge 270.40 279.90 Eki 405.65 401.30 Happyforge [2] 979.45 991.95 Kclinfra [2] 2.90 2.77 Mercuryev [1] 96.05 99.45 Parleind 8.33 8.32 w V m m m M N OM O
Banas Fin. 19.11 18.04 Emil 215.95 218.35 Hariompipe 605.10 610.05 Keil [5] 36.81 40.49 Metrobrand [5] 1156.20 1099.05 Pas.Acrylon 41.62 43.42 w w m H M
Barbeque [5] 628.50 633.35 Emslimited 502.70 527.80 Healthy [1] 11.34 11.58 Kenvi [1] 7.75 7.65 Midcapetf [5] 17.79 18.07 Paytm [1] 761.10 761.00 w M ON ON m
Basant Agro [1] 23.41 22.98 Epack 207.70 210.95 Hemiprop 206.80 220.75 Kfintech 599.45 622.70 Mil 114.15 113.67 Piccadily Ag 283.95 298.10 A M
Bclenterpr [1] 1.23 1.27 Epigral 1016.05 1041.00 Hind.Foods [2] 540.70 541.20 Khaitan Che [1] 87.26 87.91 Minaxi Text. [1] 4.16 3.96 Pmcfin [1] 2.91 2.90 C m N O M O
Bclil [1] 73.56 73.12 Equitasbnk 105.55 103.70 Hitech [1] 145.15 144.70 Khoobsurat [1] 1.68 1.69 Mishtann [1] 17.71 17.53 Policybzr [2] 911.60 1002.80 w m N
Bestagro 781.75 776.05 Esafsfb 69.12 69.32 Hleglas [2] 539.30 538.80 Kims 2078.35 2140.15 Mkexim 95.85 91.45 Polycab 4312.25 4342.40 G G m N w
Bh.Immun&Bio 32.41 34.03 Ethosltd 2488.30 2496.30 Hmaagro [1] 65.37 71.90 Kirl.Ferrous [5] 632.00 638.35 Modisonltd [1] 131.30 157.55 Ppl 443.50 443.70 N w W
Bharat Bhush 44.34 53.20 Eurekaforbe 493.35 501.10 Honasa 479.75 468.05 Kirlosar Pn [2] 668.95 674.65 Mol [1] 81.52 87.24 Pplpharma 139.00 144.20 A & N N O N

CM
YK . . . . . . . . HY­HYE