CHENNAI - TUESDAY - FEBRUARY 13, 2024
TURBULENCE.
BENGALURU - CHENNAI - COIMBATORE - HUBBALLI - HYDERABAD - KOCHI - KOLKATA - MADURAI - MALAPPURAM - MANGALURU - MUMBAI - NOIDA - THIRUVANANTHAPURAM - TIRUCHIRAPALLI - TIRUPATI - VIJAYAWADA - VISAKHAPATNAM
At 5.1%, Jan inflation hits Banks hunt for alternatives to
3-month low; Dec IIP up current a/c deposits as govt’s
POSITIVES. Easing food prices, low base help; manufacturing leads
Shishir Sinha
New Delhi
Thanks to a reduction in food
prices and favourable base ef-
fect, retail inflation based on
e2085190
Consumer Price Index (CPI)
slipped to a three-month low
of 5.1 per cent in January.
Another high-frequency
economic indicator, industrial
growth based on the Index of
Industrial Production (IIP),
moved up to 3.8 per cent in
December.
Retail inflation was 5.7 per
cent in December. Based on
the trends in inflation num-
ber, experts expect the rate-
cut cycle to start in the July-
September quarter of FY25.
While the headline retail in-
flation cooled in January, it has
been higher than the RBI’s tar-
get of 4 per cent for 52
months.
WITHIN RBI RANGE
On the positive side, inflation
has been within the RBI’s tol-
erance range of 2-6 per cent
for the fifth month.
Commenting on the head-
line inflation reading, Aditi
Nayar, Chief Economist with
ICRA, said the correction in
the inflation for food and
CM
YK
beverages was thanks to a fa-
vourable base effect.
While rabi sowing has
caught up with last year’s
level, reservoir storage re-
mains well below the year-ago
levels , continuing to imbue
caution into the outlook for
the rabi harvest.
Swati Arora, Economist
with HDFC Bank, said: “A
month-on-month rise in cer-
eal inflation is worrisome...
We expect the RBI to start its
rate-cut cycle by August and
change its stance in the June
policy.”
MIXED BAG.
Pilots sickness, weather
and operational reasons lead to a number of
cancellations and delays of Akasa Air flights p14
KEY INDUSTRIES UP
After a tepid 2.4 per cent in
November, industrial growth
rate rose to 3.8 per cent in
December, as manufacturing
improved.
Rajani Sinha, Chief Eco-
nomist with CARE, said en-
couraging rise in mining, man-
ufacturing and electricity
sectors supported overall
growth despite an unfavour-
able base. “Noteworthy was
the rebound in consumer dur-
ables and non-durables out-
put, which grew by 4.8 per cent
and 2.1 per cent, respectively.”
cash management pinches
K Ram Kumar
Mumbai
With the government’s
funds management becom-
ing efficient due to the adop-
tion of the JIT ( just-in-time)
principle, banks’ float is de-
clining forcing them to
scramble for alternatives to
their depleting current ac-
count (CA) deposits.
The Centre has adopted
the JIT principle for fund re-
lease in all payments, includ-
ing Centrally-sponsored
schemes, reducing funds
with banks.
DIP IN CA DEPOSITS
CA deposits of all scheduled
commercial banks declined
to 10.13 per cent of their
overall deposits in 2023
from 10.43 per cent in 2022,
per the RBI’s Report on
Trend and Progress of Bank-
ing in India.
Lower CA is a drag on
banks’ net interest margins.
Dinesh Kumar Khara,
Chairman, State Bank of In-
dia, observed that with the
government adopting the
JIT system for cash manage-
ment, the current account
SHRINKING MONIES. CA deposits of all scheduled
commercial banks had declined to 10.13 per cent of their overall
deposits in 2023 from 10.43 per cent in 2022
float has shrunk. However,
SBI is not vulnerable as it has
already diversified its op-
tions in terms of raising cur-
rent account deposits, he
said.
“So, more than six months
back, we shifted our focus to
trade, commerce, and in-
dustry (for growing current
accounts). Here we are see-
ing decent growth coming
in,” Khara said in SBI’s third
quarter earnings call.
Referring to the build-up
in the government’s surplus
cash balances to an average
of ₹3.9-lakh crore post the
December Monetary Policy,
Soumya Kanti Ghosh, Group
Chief Economic Advisor,
SBI, said with the govern-
ment’s JIT mechanism of
spending,
“We expect wide-ranging
ramifications on the banking
system liquidity... Pertin-
ently, system liquidity slips
into deficit when the govern-
ment is not spending,
whereas it improves to a sur-
plus mode when govern-
ment spending resumes,” he
said.
₹10 • Pages 14 • Volume 31 • Number 43
While general trade registered
sluggish growth in Q3, modern trade
looks promising for FMCG players p2
Regd. TN/ARD/14/2012-2014, RNI No. 55320/94
INSIDE.
RBI Governor rules out review of
action against Paytm Payments Bank
Shishir Sinha
New Delhi
The Reserve Bank of India
(RBI) Governor Shaktikanta
Das on Monday said there
would be no review of action
MSCI’s index rejig to attract up to
$1 billion FPI inflows into India
Ashley Coutinho
Mumbai
MSCI will announce index
changes for February on
Tuesday. As per Nuvama Al-
ternative & Quantitative Re-
search, India could see close
to $800 million to $1 billion
in passive inflows from for-
eign portfolio investors.
Now, BSE eyes stock derivatives
Ashley Coutinho
Mumbai
After finding its feet in index
derivatives, the country’s
oldest bourse BSE is gearing
up to dip its toes in stock de-
rivatives. “Stock options and
futures are very much on our
taken against Paytm Pay-
ments Bank. He also said
that a set of frequently asked
questions (FAQs) dealing
with consumer interest is-
sues will be released this
week.
Details p4
e2085190
The likely names to be in-
cluded are NMDC, Punjab
National Bank, BHEL, Union
Bank of India, NHPC and
Jindal Stainless. The MSCI
Smallcap Index may see the
inclusion of Cello World,
Honasa Consumer,
Jaiprakash Associates, DB
Realty and Inox Wind
Energy.
Details p14
radar,” BSE’s Managing Dir-
ector and CEO Sundarara-
man Ramamurthy told busi-
nessline.
“But we want to stabilise
our Sensex and Bankex de-
rivatives offerings first be-
fore we embark on working
on these segments.”
Read more p8
..... ...
 2 . bl . news
CHENNAI

businessline.
TUESDAY - FEBRUARY 13 - 2024

QUICKLY.
Stove Kraft Ltd reports
profit of ₹7 crore in Q3
Bengaluru: Stove Kraft Ltd, the
makers of cookware, kitchen
and home appliances, reported
a profit of ₹6.8 crore for the
quarter ended December
2023, marking a y-o-y decline
of 13.3 per cent, compared to
₹7.8 crore for the same quarter
last year. Its revenue grew 11.4
per cent to ₹361.6 crore from
₹324.5 crore in the same
quarter of last year. OUR BUREAU
Instant food brand
Yu raises ₹20 crore
New Delhi: Instant food brand Yu
has raised ₹20 crore in a
follow-on Series A round after
November 2022. The round was
led byinvestor Ashish Kacholia
and Asian Paints Promoter
Group (Manish Choksi, Varun
e2085190
FMCG players see sluggish
Q3 growth in general trade
SHARP CONTRAST. Continue to see double-digit growth rate in modern trade channel
Meenakshi Verma Ambwani
New Delhi
General trade channel, also
known as kirana stores, re-
corded sluggish volume
growth in single digits in the
December quarter in the
FMCG space, compared to
modern trade, which contin-
ued to see double-digit
growth rates. Companies
such as HUL and Marico said
they saw modern trade out-
pacing general trade channel
in terms of growth rates.
This comes at a time when
the FMCG sector witnessed a
sequential dip in growth rates
in both rural and urban mar-
kets in the December quarter.
Premium segment is growing
at a faster clip than mass-
market categories.
According to the latest es-
timates released by Nielse-
nIQ, traditional trade’s
POOR SHOW. The FMCG sector witnessed a sequential dip in
growth rates in both rural and urban markets
to the September quarter,
(7.5 per cent).
In comparison, modern
trade channel’s volume
growth was pegged at 16.8
per cent year-on-year, though
lower growth was seen in
September quarter (19.5 per
cent).
Hindustan Unilever’s man-
agement, in its Q3 earnings
call, noted: “Modern trade is
“The prevailing consump-
tion growth pattern, which
appears to be more K-shaped,
has also led to a continued di-
vergence between how gen-
eral trade and organised re-
tail has fared, with the former
contending with low business
growth and rising costs, res-
ulting in profitability and li-
quidity challenges in the
trade,” noted Saugata Gupta,
general trade channels.
“Given the heft of traditional
retail and its structural signi-
ficance in a market like India,
which employ a lot of people,
we have taken concerted
steps to alleviate the strain
faced by our partners and re-
vitalise the channel, which is
very important to rejuvenate
the growth, especially in the
core,” Gupta stated.
He added that these initi-
atives are expected to have a
gradual and positive impact
on sentiment in the channel
in the coming quarters.
Meanwhile, FMCG players
are also continuing to see
double-digit growth rate in
the e-commerce channel.
Nestle India said that it wit-
nessed continued growth
momentum in the e-com-
merce channel, which con-
tributed 7 per cent to do-
mestic sales in the December
quarter.
Allahabad, Bombay high courts
have maximum backlog of cases
Jayant Pankaj
Chennai
The slow pace at which judi-
cial cases in the country are re-
solved is a well-known fact. A
staggering 4.47 crore cases are
pending in courts across In-
dia, according to the latest fig-
ures from the National Judi-
cial Data Grid (NJDG).
DATA FOCUS.
Among the 25 premier high
courts, the Allahabad High
Court leads with 10.74 lakh
cases, followed by Bombay
High Court with 7.13 lakh
cases and High Court of Ra-
jasthan with 6.67 lakh cases.
The large population in
some areas could be leading to
more litigations and, there-
fore, more pending cases. Ad-
vocate Tanvi Dubey says:
“Most high courts with higher
pendency rates are in States
with large areas and popula-
tions. The lack of timely ap-
pointments of judges can be

Vakil). The funds will be used to
scale-up its manufacturing
capacity while entering multiple
product categories and
segments. OUR BUREAU
volume growth was pegged at
5.3 per cent in the December
quarter, compared to the
same period last year. Volume
growth in general trade saw a
sequential decline compared
doing well and continues to
outpace general trade. Simil-
arly, volume growth of
premium products is signific-
antly ahead of mass products
in the market.”
MD and CEO, Marico Ltd, in
the Q3 earnings call.
WAYS TO BOOST SALES
Marico is, in fact, taking
measures to boost sales in
e2085190
For Dabur India, the e- another major factor contrib-
commerce channel’s share uting to higher pendency in
was at 8.5 per cent in the courts.”
December quarter and The number of pending
clocked a growth of 20 per cases in these courts has in-
cent. creased since 2018. For in-
stance, the pending cases in
Allahabad High Court in-

Coal India Q3 net profit jumps 18% at ₹9,094 crore

Mithun Dasgupta
Kolkata
State-run coal miner Coal In-
dia, on Monday, reported a
17.81 per cent year-on-year
growth in consolidated net
profit at ₹9,093.69 crore for the
third quarter this fiscal, regis-
tering higher-than-expected
profit.
The coal behemoth had pos-
ted a net profit of ₹7,719.11
crore in the third quarter last
fiscal. The company’s revenue
during the period under review
grew 2.79 per cent y-o-y at
₹36,153.97 crore, against
₹35,169.33 crore in the third
quarter last fiscal, buoyed by
higher coal sales.
Total expenses stood at
₹26,268 crore in Q3 FY24, com-
pared to ₹26,246.44 crore in Q3
FY23, said the company in a
stock exchange filing. Coal In-
dia, in a release, said its net
profit in the third quarter this
fiscal was the “highest PAT
earning” during the third
quarter of any year since the
company’s listing.
“Evincing strong financial
buoyancy, PAT and PBT for the
nine-month period ending
December 2024 also reached
their respective record highs
for this period,” said the com-
pany.
Net profit at ₹23,849 crore
during April-December 2023
witnessed a jump of 6 per cent
over the year growth, com-
pared to ₹22,597 crore during
the corresponding period in
2022. During the nine months
ended December FY24,
EBITDA increased to ₹32,451
crore, compared to ₹31,998
crore in April-December in
FY23.
COAL OUTPUT
CIL’s coal output of 199 MT in
Q3 FY24 saw 11 per cent y-o-y
growth, against 180.06 MT in
Q3 FY23. Coal supplies were up
9 per cent to 191.30 MT during
the quarter against 175.8 MT in
the third quarter last fiscal.
Total supply of coal through
the fuel supply agreement was
172.3 million tonnes (MT) in
Q3 FY24, and the average real-
isation per tonne from FSA
sales was ₹1,531.98 per tonne.
creased 50.95 per cent from
7.11 lakh in July 2018. The
pending cases in Bombay
High Court increased 53.85
per cent.
Around 86 per cent of the
pending cases are at subordin-
ate courts, 13.9 per cent at
high courts, and 0.2 per cent at
the Supreme Court of India. A
total of 62 lakh cases are
pending in the high courts,
with 71.6 per cent of cases be-
ing civil suits and 28.4 per cent
criminal suits.
One reason for the large
number of pending cases
could be an inadequate num-
ber of judges. According to
news reports, as of May 2022,
around 25,600 judges are
tasked with hearing or decid-
ing over 4 crore pending cases.
The age-wise distribution
of pendency shows that cases

Titan plans to add 14 more Tanishq Samvardhana Motherson
stores by the end of FY24, says CFO Q3 net rises 61% to ₹733 cr
Venkatesha Babu
Anchal Verma
Bengaluru
The Titan Company plans to
add 14 more Tanishq stores
in India by the end of FY24,
building on the 30 stores it
introduced in the last nine
months. At present, the com-
pany has over 410 Tanishq
stores in the country.
Ashok Sonthalia, Chief
Financial Officer of The Ti-
tan Company, also revealed
plans to expand internation-
ally with approximately 50
jewellery stores by FY27,
supplementing the current
14 stores across the globe.
Furthermore, the com-
pany aims to extend its Zoya
brand by adding seven stores
by FY25, joining the existing
eight outlets in India.
Indian jewellery market
easily offers an opportunity
to have 1,000-plus stores, but
Titan is not in hurry,
Sonthalia told businessline.
He believes going too fast
Inox eyes better times as govt focuses on adding wind capacity
Rishi Ranjan Kala
New Delhi
Inox Wind (IWL), which
turned PAT-positive in Q3
FY24, aided by macro tail-
winds and a strong order
book, expects the sector to
grow exponentially as the
country focusses on adding
100 gigawatt (GW) capacity
over the next decade.
IWL, which offers end-to-
end wind power solutions, is
eyeing a share from around
18 GW of wind, as well as hy-
brid/ round the clock (RTC)/
firm and despatchable RE
(FDRE) projects that have
been floated.
“Supported by favourable
macroeconomic conditions,
including projected GDP
growth over the next decade,
demand for power remains
substantial. With wind
power offering cost advant-
ages compared to national
Ashok Sonthalia, CFO,
The Titan Company
could harm quality and cus-
tomer experience. The com-
pany wants to achieve a run
rate of 40-50 stores per year,
he added.
Internationally, Titan’s
jewellery stores are located
in the northern US and three
other countries – UAE,
Qatar, and Singapore. “We
have 14 stores internation-
ally, with four in the US and
about 10 across other coun-
tries. I anticipate a similar
number of additions in the
next 12 months, going from
average purchase costs and
its environmentally sustain-
able attributes, we are optim-
istic about our expansion
prospects,” Devansh Jain,
Executive Director of IN-
OXGFL Group, told
businessline.
IWL, part of the $5-billion
group, reported a revenue of
₹507 crore, a 113 per cent
growth y-o-y in Q3 FY24, on a
consolidated basis. It posted
a profit after tax (PAT) of
₹1.8 crore, against a loss after
tax of ₹288 crore.
TURNAROUND
The turnaround, Jain noted,
is on the back of a combina-
tion of favourable market
conditions and strategic ini-
tiatives taken by the com-
pany.
The government’s com-
mitment to add around 100
GW of wind capacity over the
next decade has spurred a
surge in order inflows from
various sectors, including
14 to 26 or 28. I hope by the
the next three years, in FY27,
we’ll have around 45-50
stores internationally,” he
added.
EYECARE DIVISION
Sonthalia admitted that the
performance of the eyecare
division could have been
better.
“Quarter three not grow-
ing at all was a disappoint-
ment. The festive quarter is
generally suboptimal for the
eyecare sector. We have
taken steps to address the is-
sues with early promising
results,” said Sonthalia.
Sonata and Fastrack ana-
log watches are exhibiting
signs of fatigue, Sonthalia
shared. “In Sonata, we have
introduced two fashion-ori-
ented sub-brands at an af-
fordable price, resonating
well with the youth’s prefer-
ence for fast fashion.”
Titan and Helios are per-
forming exceptionally well,
especially in the premium
segment, he added.
WINDS OF CHANGE. The government’s commitment to add
100 GW of wind capacity has spurred a surge in order inflows
from various sectors JOTHI RAMALINGAM
PSUs, independent power
producers (IPPs) and com-
mercial & industrial (C&I)
customers, he added.
“Riding this wave, IWL se-
cured orders totalling around
1,850 megawatts (MW) in re-
cent months, alongside
clinching India’s largest wind
project order of 1,500 MW
from CESC. These signific-
Our Bureau
New Delhi
Auto components manufac-
turer Samvardhana Mother-
son International (SAMIL),
on Monday, reported a con-
solidated net profit (norm-
alised) of ₹733 crore for the
third quarter ended Decem-
ber 31, up 61 per cent year-
on-year (y-o-y), against
₹454 crore in the corres-
ponding period of last finan-
cial year.
Consolidated revenue of
the company for the quarter
in review also grew by
around 27 per cent y-o-y to
₹25,697.56 crore, compared
with ₹20,267.24 crore in the
October-December quarter
in FY23.
“These results reflect the
good performance of our
business divisions... Reduc-
tion in net debt is important
for us as we continue
strengthening our financial
position and pursuing stra-
tegic growth opportunities.
ant wins have propelled Inox
Wind’s order book to an im-
pressive around 2.6 GW,
providing the company with
robust revenue growth,” said
Jain.
Alongside the order wins,
the company also raised
around ₹1,500 crore from
marquee global equity in-
vestors, which helped to
We remain focussed on de-
livering sustainable and
profitable growth, creating
long-term value for our
shareholders, and positively
impacting our customers,
employees and communit-
ies where we operate,” said
Vivek Chaand Sehgal, Chair-
man, Motherson.
LIQUIDITY
Net debt of the company re-
duced by around ₹866 crore
despite merger and acquisi-
tion payouts of around ₹750
crore during the quarter,
said the company, adding
that there is sufficient li-
quidity for meeting business
requirements and funding
of announced acquisitions.
Around 50 per cent of the
₹1,800-crore growth capex
has already been invested to
support growth in emerging
markets, it added.
Shares of SAMIL closed at
₹114.10 apiece on the BSE
on Monday, down 5.90 per
cent from the previous
close.
strengthen its balance sheet.
On the technology front,
IWL made groundbreaking
strides, which include the en-
listing of its 3 MW turbine in
the Renewable Energy Mar-
ket Mechanism (RLMM) and
a landmark agreement for the
introduction of 4.X MW wind
turbines in India, he said.
WIND SECTOR
Elaborating on the sector’s
prospects, Jain said the In-
dian wind sector is poised for
exponential growth with im-
mense opportunities on the
horizon.
“A staggering 18 GW of
tenders for plain vanilla wind
and hybrid/ RTC/ FDRE pro-
jects have been floated,
promising significant devel-
opment in the coming
months. It is anticipated that
total wind capacity awarded
in FY24 could soar to 8-10
GW, including projects from
hybrid/ RTC/ FDRE categor-
ies,” he added.
in High Court are more likely
to linger for a minimum of five
years for litigants. According
to the data, around 24.83 per
cent of cases are pending for
5-10 years, and 18.25 per cent
of cases are pending for 10-20
years.
VARIOUS STAGES
Various cases are being filed in
the High Court, and they have
to pass through certain stages
to reach a judgment. The data
show that most of the pending
cases remain at the admission
stage (10.95 lakh), followed by
orders (6.10 lakh) and hear-
ings (3.74 lakh). The Supreme
‘Potential for Dermicool
to grow in double-digits’
Mithun Dasgupta
Kolkata
FMCG-maker Emami feels
there is potential for double-
digit sales growth for Dermi-
cool this summer season.
The company had acquired
Dermicool from consumer gi-
ant Reckitt in March 2022 for
₹432 crore. After the acquisi-
tion, it became a market leader
in the niche category with two
major brands — Navratna
Cool Talc and Dermicool.
“It will be the second sum-
mer for Dermicool after we ac-
quired the brand. Compared to
last summer season, we expect
good growth from Dermicool
this summer. There is a poten-
tial for double-digit growth.
Dermicool is part of our distri-
bution now,” said NH
Bhansali, CEO, Finance,
Strategy and Business Devel-
opment and CFO, Emami Ltd.
Last financial year, the com-
pany observed that South In-
dia and Maharashtra accoun-
ted for high Dermicool sales,
whereas it was higher in North
and East India for Navratna
Cool Talc. This helped it estab-
lish a foothold in the Prickly
Heat Powder and Cooling Talc
category across markets.
“We expect both Navratna
Cool Talc and Dermicool to
perform well since summer is
setting in,” said Bhansali.
The company expects to re-
gister good sales growth in the
fourth quarter this fiscal,
Court Observer (SCO) ana-
lysis reveals that a minuscule
number of cases get admitted
every year at the admission
stage.
Advocate Shahrukh Alam
says: “The government is the
biggest litigant in Courts. We
need more analysis on why the
government is in the courts so
much and how that might be
streamlined. On the criminal
side, the criminal investigat-
ive system puts too many sus-
pects into the court system,
adding to the volume.
driven by improved distribu-
tion, aggressive marketing and
new product launches.
“We expect reasonable
growth to come in during the
last quarter of FY24. We expect
the challenges, which were
there in the third quarter, to re-
duce in the fourth quarter. And
we are also putting in a lot of ef-
forts to improving our distri-
bution, the right kind of ag-
gressive marketing, and
coming out with new launches
in the DTC (direct-to-con-
sumer) and in the mainstream
as well. So, all these taken to-
gether, it will help us grow in
Q4,” Bhansali told businessline.
In the third quarter, the
company faced challenges in
terms of subdued rural de-
mand and season disruption.
REVENUE GROWTH
In Q3 FY24, the company’s
revenue grew 1.38 per cent
year-on-year at ₹996.32 crore,
against ₹982.72 crore in the
same period of FY23.
“In the third quarter, around
65 per cent of our revenue
comes from winter products.
But the winter during this
quarter was the warmest in the
last few years. It impacted all
winter products.
“The best part is that despite
this situation, our market
share has remained intact. But
the offtakes were impacted
mainly because of the disrup-
ted winter and also because of
the pain in the rural market
where inflation continued,”
the CEO pointed out.
“This happens both be-
cause the offenses are becom-
ing vague and overbroad and
also because of the ease with
which arrests are made and
people are kept in detention.”
However, Dubey added:
“Despite higher pendency,
there is still scope for change,
as courts are moving towards
reforms such as embracing
the use of virtual mediums.
This makes it cost-effective
and affordable for people to
appear in Court without
boundaries.”
Pitti Engineering
Q3 net up 8% on
better margins,
higher volumes
Our Bureau
Mumbai
Pitti Engineering, a leading
manufacturer of electrical steel
laminations, fabricated parts
and shafts, reported an 8 per
cent increase in December
quarter net profit at ₹13 crore,
against the ₹12 crore logged in
the same period last year on
better margins and higher sales
volume
Income increased 24 per cent
to ₹297 crore (₹239 crore) in
the quarter under review, and
sales volume was up 16 per cent
at 10,572 tonnes (9,150
tonnes). EBITDA was up 14 per
cent at ₹44 crore, against ₹39
crore in Q3 FY23. The company
had an order book of ₹898 crore
as of December-end.
Pitti Engineering expects
construction work at its Aur-
angabad project to be com-
pleted by March. Installation
and commissioning of equip-
ment will take the lamination
capacity to 72,000 tonnes by the
end of Q2 FY25.
businessline.
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published in this newspaper. THG
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advertiser or for any of the advertiser’s
products and/or services. In no event can the
Owner, Publisher, Printer, Editor, Director/s,
Employees of this newspaper/company be
held responsible/liable in any manner
whatsoever for any claims and/or damages
for advertisements in this newspaper.

CM
YK ... . . . . . .
 news . bl . 3
CHENNAI

businessline.
TUESDAY - FEBRUARY 13 - 2024

QUICKLY.
Ranjeet Kumar Agarwal
takes over as ICAI President
New Delhi: The CA Institute has
a new President in Ranjeet
Kumar Agarwal for the council
year 2024-25. He has assumed
charge as the 72nd President
of Institute of Chartered
Accountants of India (ICAI),
which is world’s largest
accounting body, here on
Monday. Charanjot Singh
Nanda, Central Council
Member, has been elected as
Vice-President of ICAI. Agarwal,
who graduated from Calcutta
University, is a practising
Chartered Accountant since
last 24 years. OUR BUREAU
Merchant Shipping Act recast in the works
FOR A SMOOTH SAIL. New laws will incorporate international conventions, facilitate ship registration and improve dispute resolution
Abhishek Law
New Delhi
India is considering a revamp
of its merchant shipping laws,
replacing the existing Mer-
chant Shipping Act of 1958.
The new provisions aim to
incorporate updated interna-
tional maritime conventions
to which the country is a
party.
They also seek to facilitate
the easier registration of
ships under the Indian flag by
NRIs, overseas citizens of In-
dia, and corporate entities, in-
cluding limited liability part-
nerships.
Additionally, the new laws
will allow electronic registra-
tion of vessels and the recog-
nition of e-documents such as
log-books and record books.
Merchant shipping encom-
WHAT’S COOKING
 A single regulatory
and supervisory
authority for all
maritime and ports
affairs
Registration of ships
 measures for monitoring
in India by NRIs,
OCIs, corporates
including LLPs
 Better enforcement
and adjudication
passes activities conducted
for commerce rather than for
defence or warfare.
The proposed changes to
the law are currently under
deliberation, with the Min-
istry of Ports, Shipping, and
Waterways serving as the
nodal ministry.
 Definition of dumping and
provision for control of
discharge or emission of
harmful substances or
dumping at sea
 Denial of entry and
detention of vessels;
and detection of pollution
Compulsory insurance or
 with its 24 parts addressing
other financial security for
maritime claims subject to
limitations
Key highlights of the pro-
posed changes include a
three-tier dispute resolution
mechanism.
FOCUS ON CLARITY
This mechanism aims to ad-
dress disagreements between
ship-owners and salvors, as
well as between seafarers and
owners, masters, or agents of
ships.
The resolution process will
focus on “making the award
of the shipping master en-
forceable, eliminating the
need for enforcement by a
Magistrate”, an official said.
Ambiguous terms such as
“abandoned vessels” have
been defined, and the new
rules call for action against
“unsafe vessels.” “The central
government is empowered to
direct port authorities and
others to take measures re-
garding abandoned vessels,”
the official said. The Mer-
chant Shipping Act of 1958,
various aspects of merchant
shipping, will be replaced.
NEW AREAS
The new provisions cover
areas such as marine incid-
ents and emergent response,
providing ship-owners with
confidence in appropriate
statutory measures for vessel
safety. Stringent rules are be-
ing considered for the preven-
tion of pollution, including
prosecution and conviction.
Air pollution from ships oper-
ating at sea is also addressed
with appropriate actions.
The ongoing discussions
focus on reducing compliance
burden, promoting ease of
doing business, embracing di-
gital technology, improving
ownership criteria, and
providing a statutory frame-
work for handling maritime
emergencies, an official in the
know said.
It’s worth noting that pre-
vious attempts to revise the
Merchant Shipping Act in
2016 fell through in May 2019
with the dissolution of the
16th Lok Sabha.
The reworking process
began again in February–
March 2021, and the draft was
reviewed by the Legislative
Department between July
2022 and July 2023, receiving
concurrence.
Unemployment
rate declines to
6.5% in Oct-Dec
Press Trust of India
New Delhi
The country’s unemployment
rate (UR) in urban areas for
persons aged 15 years and
above decreased during Octo-
ber-December 2023 to 6.5 per
cent from 7.2 per cent in the
year-ago period, as per govern-
ment data released on Monday.
Considering the importance
of the availability of labour
force data at more frequent
time intervals, the NSSO
launched the Periodic Labour
Force Survey (PLFS) in April
2017. “For male, UR decreased
from 6.5 per cent in October-
December 2022 to 5.8 per cent
in October-December 2023,
while for female UR decreased
from 9.6 per cent in October-
December 2022 to 8.6 per cent
in October-December 2023,”
the PLFS quarterly bulletin
stated.

M1xchange sets sights on SC permits IOC, ArcelorMittal Modi, UAE President to discuss
firm to start arbitration to energy, ports, digital infrastructure
e2085190

e2085190
doubling business volumes
KR Srivats
resolve row over Essar Steel In his two-day
visit, the Prime
Amiti Sen
New Delhi
New Delhi

Press Trust of India

Riding on an upswing in both large
corporates and MSMEs adoption,
TReDS platform M1xchange, a digital
invoice discounting platform for
MSMEs, is aiming at doubling its busi-
ness volumes to about ₹90,000 crore
in 2024-25, Sundeep Mohindru, Chief
Executive, Mynd Solutions, has said.
This RBI-licenced platform, which
has been on a roll in recent years, is on
course to close the current fiscal with
business volumes of ₹43,000-45,000
crore, nearly double the business
volume of ₹23,100 crore recorded in
2022-23, Mohindru told businessline
in an interview.
Both the number of large corpor-
ates and the number of MSMEs who
have onboarded into M1xchange have
grown in significant manner this
fiscal, he said.
As against 250 large corporates that
were live on TReDS in February last
year, the current count stood at 412.
The number of MSMEs registered
with M1xchange has grown to 31,000
from a level of 18,000 in March last
year.
In fiscal 2020-21, M1xchange had
recorded business volumes of about
₹5,700 crore. This had jumped to
₹12,600 crore in 2021-22.
Currently, MSMEs from 1800 cities
are logging in to M1xchange from so
far away cities and smaller cities.
TRADE CREDIT INSURANCE
Meanwhile, Mohindru said the much-
anticipated ‘trade credit insurance’
offering from insurers will go live this
quarter. The rollout of trade credit in-
surance would ensure that more
Sundeep Mohindru, Chief Executive,
Mynd Solutions
MSMEs will be able to generate li-
quidity for themselves versus today,
he noted.
“This will lead to bump up in
MSME financing further because it in-
creases the confidence of the banks. If
today banks are giving credit limits
only to X category of customers, with
insurance as a backup they will be able
to further enhance their credit cover-
age to next level of corporate ( from
BBB- to BB)”, Mohindru said.
Two insurers have already got in-
surance regulator IRDAI’s approval to
launch credit insurance products, he
noted.
BETTER BOTTOMLINE
Mohindru expressed confidence that
the bottomline in 2023-24 will sur-
pass the last fiscal level. Last fiscal was
the first full year of profits for the
TReDs platform.
He also made it clear that
M1xchange was not looking to raise
capital for now. Asked if the company
intends to go in for an initial public of-
fering in the near term, Mohindru
replied in the negative. “There is no
such plan for the next two years”.
New Delhi
The Supreme Court on Monday per-
mitted Indian Oil Corporation (IOC)
and ArcelorMittal Nippon Steel India
Limited (AMNSIL) to initiate arbitral
proceedings to resolve their dispute re-
lating to Essar Steel India Ltd (ESIL).
A Bench headed by Chief Justice D Y
Chandrachud, which had reserved the
judgement on the pleas on February 5,
took note of the submissions of Soli-
citor General Tushar Mehta, appearing
for the IOC, and senior advocates Har-
ish Salve and Abhishek Singhvi, repres-
enting the AMNSIL, that they wanted
to go for arbitration.
Paving the way for arbitration, the
Bench asked the IOC and the Ar-
celorMittal firm to nominate two arbit-
rators within a week. The two arbitrat-
ors will then nominate the third for
resolving the dispute.
“The parties have agreed to nomin-
ate two arbitrators within a week. The
two arbitrators so appointed will nom-
inate the third arbitrator. In view of the
agreement of the parties, the Delhi
High Court’s judgment dated October
10, 2023 is rendered infructuous,” it
said.
The bench said all contentions, in-
cluding the arbitrability of the dispute,
of the parties will remain open for adju-
dication. In 2009, the IOC and Essar
Steel India Ltd signed a gas supply
agreement. The agreement was, how-
ever, terminated by Essar Steel in 2017.
IOC challenged the termination.
When Essar Steel did not respond to its
notice for recovery of its dues, IOC
called for arbitration in July 2017.
Soon thereafter, Essar Steel went
into insolvency and everything was put
on hold.
After the corporate insolvency res-
olution process began and the resolu-
tion professional (RP) took over, IOC
filed a claim of ₹3,762 crore with the
RP. The RP, however, admitted a no-
tional amount of ₹1 to ensure its parti-
cipation in the insolvency process.
ArcelorMittal won the bid to take
over Essar Steel in 2019. Its resolution
plan included the IOC's notional claim
of ₹1.
NOTICE TO ARCELORMITTAL
Once this resolution plan was imple-
mented, the IOC issued a notice to Ar-
celorMittal, demanding various
amounts totalling ₹8,772 crore that it
said were payable under the terms of
the gas supply agreement for the
period starting 2014 to 2020.
These claims were repudiated by Ar-
celorMittal, prompting the IOC to in-
voke arbitration.
Prime Minister Narendra
Modi and UAE President
Sheikh Mohamed bin Zayed
Al Nahyan, in their bilateral
meeting on Tuesday, are ex-
pected to take up strengthen-
ing of ties in a number of eco-
nomic areas including energy
security, energy trade, ports,
railways and maritime logist-
ics, digital infrastructure, cap-
ital flows and fintech con-
nectivity, according to the
Ministry of External Affairs
(MEA).
Modi, who will be in the
UAE on a two-day official visit
on February 13-14, will also
meet Vice-President, Prime
Minister, and Defence Minis-
ter of the UAE Sheikh Mo-
hammed bin Rashid Al Mak-
toum and participate in the
World Government Summit
2024 in Dubai, where he is to
deliver a special keynote
address.
“Currently the two sides
are busy discussing various
understandings and agree-
ments that can be signed and
exchange during the visit.
Broadly speaking, in terms of
the areas of importance, they
Narendra Modi, Prime Minister
will be continuing to build on
what the two sides have
signed in the past few years,”
Foreign Secretary Vinay
Kwatra said at an official brief-
ing on Monday.
These include, understand-
ings in the field of energy,
both related to energy secur-
ity and energy trade, he said.
There would also be some un-
derstandings and documents
in the larger sector of ports,
maritime and logistics.
DIGITAL COOPERATION
“Since digital cooperation
between the two economies is
an important part of our part-
nership, we are also seeing if
we can come to an under-
standing on the investment
part of the field of digital in-
frastructure,” he said.
Arrangement for the pro-
motion and protection of cap-
Minister will also
participate in
World
Government
Summit 2024
in Dubai
ital inflows between the two
economies and fintech con-
nectivity will also be dis-
cussed. “It would be seen how
the two sides can cooperate
on fintech platforms and
fintech products,” Kwatra
specified.
The UAE is India’s third
largest trading partner with
bilateral trade of about $85
billion in 2022-23. The coun-
try is India’s second largest
export destination, the For-
eign Secretary pointed out.
The UAE is also among the
top four investors in India in
terms of foreign direct invest-
ments in 2022-23. About 3.5
million strong Indian com-
munity forms the largest ex-
patriate group in UAE.
This will be Modi’s seventh
visit to the UAE since 2015
and the third in the last eight
months.

CM
YK ... . . . . . .
 4 . bl . news
CHENNAI

businessline.
TUESDAY - FEBRUARY 13 - 2024

QUICKLY.
No review of action taken against ‘Will continue to work
‘PPBL Independent Director
with Paytm, subject
Paytm Payments Bank: RBI Governor
Manju Sharma has resigned'

New Delhi: Manju Sharma, who was
an independent director at Paytm
Payments Bank Ltd. (PPBL),
resigned from the Board on
February 1, One97
Communications confirmed on
Monday. She had resigned due to
her personal commitments, which
were noted by the PPBL Board on
February 6, it said in an exchange
filing on Monday. OUR BUREAU
Moneyboxx Finance
turns profitable in Q3
Mumbai: Moneyboxx Finance, an
NBFC engaged in small business
lending segment, has reported a
profit of ₹2.01 crore for the
quarter ended December 2023.
The company had incurred a
loss of ₹2.7 crore in December
quarter last fiscal year. It posted
a profit after tax of ₹5.02 crore
e2085190
CLEAR PICTURE. Await FAQ for clarity on extension of deadline to stop operations, says Shaktikanta Das
Shishir Sinha
New Delhi
The Reserve Bank of India
(RBI) Governor Shaktikanta
Das on Monday said there
would be no review of action
taken against Paytm Pay-
ments Bank Ltd (PPBL). He
also said that a set of fre-
quently asked questions
(FAQs) dealing with con-
sumer interest issues will be
released this week.
“Let me be very clear that
there is no review of the action
taken against Paytm Pay-
ments Bank. The FAQ will deal
with customer interest is-
sues,” Das said while address-
ing the media after a meeting
of the RBI’s central board of
directors addressed by Fin-
ance Minister Nirmala
Sitharaman.
“The FAQ will have a set of
clarifications related to cus-
The RBI promotes
and will continue to
promote fintech. But
customer interest and
financial stability are
of prime importance
SHAKTIKANTA DAS
Governor, RBI
Customer interest and depos-
itor interest is uppermost for
us,” he said. In a major action
against Paytm Payments Bank
(PPBL), RBI had, on January
31, directed it to stop accept-
ing deposits or top-ups in any
customer accounts, wallets,
FASTags, and other instru-
ments after February 29.
“When a decision is taken, it
is taken after much considera-
tion and deliberation. De-
added. Asked if the deadline of
February 29 would be exten-
ded, Das replied, “Wait for the
FAQ.”
Speaking broadly about
fintechs, the governor said the
RBI has always been support-
ive of the sector and wants it to
grow as much as possible. “RBI
promotes and will continue to
promote fintech. But cus-
tomer interest and financial
stability are of prime import-
said the direction follows per-
sistent non-compliances and
continued material supervis-
ory concerns.
Earlier on March 11, 2022,
the RBI had barred PPBL from
onboarding new customers
with immediate effect. In its
latest action, RBI has asked the
Paytm Payments Bank not to
take deposits, credit transac-
tions, or top-ups in any cus-
tomer accounts, prepaid in-
struments, wallets, FASTags,
and NCMC cards, among oth-
ers, after February 29, 2024.
However, the central bank
has allowed credit of interest,
cashbacks, or refunds even
beyond February 29. Further,
withdrawal or utilisation of
balances by PPBL customers
from their accounts, including
savings bank accounts, cur-
rent accounts, prepaid instru-
ments, FASTags, and National
Common Mobility Cards, are
permitted without any restric-
mination of the ‘nodal ac-
counts’ of One97 Communic-
ations Ltd. One97
Communications, which
owns the Paytm brand, holds a
49 per cent stake in Paytm Pay-
ments Bank Ltd but classifies
it as an associate of the com-
pany and not as a subsidiary.
RBI BOARD MEETING
Earlier in the day, Finance
Minister Nirmala Sitharaman
addressed the RBI’s central
board of directors.
During the meeting, the
Finance Minister highlighted
the key thrust areas in the in-
terim Union Budget 2024-25
and the expectations from the
financial sector. The directors
complimented the Finance
Minister on the Budget and
shared their views.
The Board also reviewed
the global and domestic eco-
nomic situation and outlook,
including the challenges
to RBI forbearance’
Anshika Kayastha
Mumbai
Paytm, or One 97 Commu-
nications, is an important
player in the financial ser-
vices ecosystem, and Axis
Bank will continue to work
with it subject to regulatory
forbearance, Axis Bank MD
and CEO Amitabh
Chaudhry said. Amitabh Chaudhry, CEO,
“If, subject to regulatory Axis Bank Ltd BLOOMBERG
forebearance, the regulator
allows us to work with the wallet holders, among oth-
player in specific areas ers, are not impacted and
based on whatever they are their operations are not
saying, of course we will disrupted.
continue to work with them. Axis Bank has a “large and
They are an important thriving merchant acquiring
player in the fintech in- business” which has contin-
dustry, and that is a fact,” he ued to grow regardless of
said. the Paytm developments, he
said, adding that the prefer-
‘BIG PLAYER’ ence is to grow the business
Arjun Chowdhry, Group Ex- organically and in partner-
ecutive and Head, Affluent ship with entities like Paytm
Banking, NRI, Cards & Pay- should it be “regulatory
ments, Axis Bank, said that blessed and should be some-

in April-December 2023-24. It
incurred a net loss of ₹7.22
crore in the year-ago period. PTI
tomers of PPBL, as our prior-
ity is that the customers
should not be inconvenienced.
cisions are not taken in a cas-
ual manner. They are taken in a
serious manner,” Das further
ance,” he said.
While announcing the ac-
tion against PPBL, the RBI
tions, up to their available
balance.
The RBI also directed ter-
posed by geopolitical develop-
ments and global financial
market volatility.
between their merchant ac-
quisition, wallet, FasTag,
and other business verticals,
Paytm is a big player in the
financial services space, and
Axis Bank has been working
e2085190
thing which should be mu-
tually beneficial.”
They were speaking at the
launch of the third edition
of the ‘500 Most Valuable
Private Companies in India’

UPI services launched in Mauritius and Sri Lanka JM Financial’s Q3

Shishir Sinha
New Delhi
It will now be possible for
travellers to Mauritius to use a
RuPay card for shopping and
cash withdrawals in the
African nation. Indians visit-
ing Mauritius and Sri Lanka
can use the Unified Payment
Interface (UPI) system to pay
using their mobile phones.
On Monday, Prime Minis-
ter Narendra Modi, his coun-
terpart in Mauritius Pravind
Kumar Jugnauth, and Presid-
ent of Sri Lanka Ranil Wick-
remesinghe witnessed the vir-
tual launch event. The
Governor of Reserve Bank of
India Shaktikanta Das; the
Governor of Bank of Mauri-
Indian Ocean Region as we are
linking our historic ties with
modern digital technology,”
he said. The PM said digital
public infrastructure has
brought about a revolutionary
change in India. He also high-
lighted India‘s focus on its
neighborhood-first policy.
With this connectivity, an
Indian traveller to Mauritius
(Clockwise from left) Prime Minister Narendra Modi, President of will be able to pay a merchant
Sri Lanka Ranil Wickremesinghe and Mauritius Prime Minister in Mauritius using UPI. Simil-
Pravind Kumar Jugnauth at the virtual launch event PTI arly, a Mauritian traveller will
be able to do the same in India
tius Harvesh Seegolam; and and said the UPI was imple- using the Instant Payment
the Governor of Central Bank menting “the new responsib- System (IPS) app of Mauri-
of Sri Lanka Nandalal Weeras- ilities of uniting partners with tius. Further, with the adop-
inghe were also present on the India.” tion of RuPay technology, the
occasion. MauCAS card scheme of
In his remarks, Modi hoped ‘SPECIAL DAY’ Mauritius will enable banks in
the new fintech services “Today is a special day for the Mauritius to issue RuPay
would help the two nations three friendly countries of the cards domestically. Such cards
can be used at ATMs and PoS
terminals locally in Mauritius
and in India. With this, Mauri-
tius becomes the first country
outside Asia to issue cards us-
ing RuPay technology.
Indian RuPay cards will also
be accepted at ATMs and PoS
terminals in Mauritius.
The digital payments con-
nectivity with Sri Lanka will
enable Indian travellers to
make QR code-based pay-
ments at merchant locations
in Sri Lanka using their UPI
apps. These projects have
been developed and executed
by NPCI International Pay-
ments Ltd (NIPL), along with
partner banks and non-banks
from Mauritius and Sri Lanka,
under the guidance and sup-
port of the RBI.
net profit up 46%
y-o-y to ₹278 crore
Our Bureau
Mumbai
JM Financial Ltd. (JMFL) re-
ported a 46 per cent y-o-y in-
crease in third quarter con-
solidated net profit at ₹278
crore on the back of strong
performance by segments
such as investment banks,
mortgage lending, and Plat-
form AWS .
However, the loan book
was almost flat at ₹15,111
crore as of December 2023,
against ₹15,234 crore as of
December 2022.
JMFL reported a consolid-
ated net profit of ₹190 crore
in the year-ago quarter.
with them on various
aspects.
“We have been working
with them in the past on
various things, and those as-
pects continue. New aspects
which have come up as a res-
ult of the recent develop-
ments are also under
discussion.”
While discussions keep
happening and are ongoing
as part of the normal course
of business, some “new dis-
cussions are happening”
post-January 31, but no stra-
tegic view has been taken
yet, Chowdhry said.
“We will go systematic-
ally, business by business,
taking approval from the
regulator,” he said, adding
that the bank’s primary ob-
jective is to ensure that eco-
system participants such as
merchants, customers, and
report by Hurun India and
Axis Bank’s Burgundy
Private.
On the sidelines of the
event, Chowdhry clarified
that the conversations with
Paytm are “about every pos-
sible aspect that any finan-
cial services provider would
have.” Those conversations
were happening even before
January 31 and will con-
tinue. “Whatever business
we do, whatever initiatives
we kick off with them, will
be in consultation with the
RBI,” he said.
Speaking on the fintech
space in general, Chaudhry
said that many fintech uni-
corns have changed their
business model rapidly to
pivot their offerings to meet
market and customer re-
quirements, which evolve
over a period of time.

RBI conducts two back-to-back VRR auctions

Our Bureau
Mumbai
The Reserve Bank of India
(RBI) conducted two back-
to-back variable rate repo
(VRR) auctions on Monday
to ease liquidity tightness in
the banking system.
The central bank had con-
ducted two VRR auctions
last Friday too. At the first
4-day VRR auction, the RBI
received bids from banks to
draw down funds aggregat-
ing ₹1,23,310 crore against
the notified amount of
₹25,000 crore.
The central bank allotted
funds amounting to ₹25,007
crore at a weighted average
rate of 6.71 per cent.
LIQUIDITY DEFICIT
At the second 4-day VRR
auction, the RBI received
bids from banks to draw
down funds aggregating
₹97,280 crore against the
notified amount of ₹25,000
crore. The central bank al- nomic Adviser, State Bank quidity, durable/core
lotted funds amounting to of India. “With higher gov- liquidity surplus...has come
₹25,004 crore at a weighted ernment surplus cash bal- down moderately to ₹1.8-
average rate of 6.68 per ances and reduced system li- lakh crore,” he said.
cent.
Market players say heavy
demand for funds at the
first VRR auction would
have prompted the RBI to
conduct a second one.
As of February 11, the
overall liquidity deficit in
the banking system was at
₹1,93,490 crore, per RBI
data.
“The liquidity deficit has
increased since the last
policy in December 2023.
Net LAF (liquidity adjust-
ment facility) has remained
in the deficit mode since
mid-September 2023, with
the system liquidity deficit
at ₹1.5-lakh crore and an av-
erage of ₹1.8-lakh crore
post-December 2023 policy.
“The RBI has been man-
aging liquidity through main
as also fine-tuning opera-
tions,” said Soumya Kanti
Ghosh, Group Chief Eco-

‘Axis Bank to begin

process of rebranding
Citi cards from H1 FY25’
Anshika Kayastha
Mumbai
Axis Bank will begin the pro-
cess of recarding, or issuing
rebranded Citi cards under
the Axis brand, from the first
half of the next financial year,
said Arjun Chowdhry, Group
Executive and Head, Affluent
Banking, NRI, Cards and
Payments.
“Because of the branding
requirements, we will start
the process of recarding... We
expect to start that some-
where in the first half of
FY25. We’ll try to finish it as
fast as possible; it will depend
on the pace of delivery and
printing, but we’ll start in H1
FY25,” he said at the side-
lines of an event.
“We’ll do so in a manner
which is completely seamless
for our customers. They
won’t have to do any of the
retokenise or card-on-file re-
CM
YK
quirements, but the plastic
will have to change because
that carries the Citi brand.
The numbers will remain the
same,” he added.
‘NO OVERLAPS’
On any migration or shift of
carholders within the Citi
and Axis cards, Chowdhry
said both businesses are
“very complementary” and
so there weren’t any over-
alaps. Citi was focussed on
the top 10 cities and operated
in a specific market, whereas
Axis Bank has been growing
across the country and across
varied market segments.
“It was such a comple-
mentary business that we’ve
hardly seen any substitution.
It’s been largely accretive,”
he said, adding that the bank
has seen the business grow
since the merger. “We’ve
seen per-card spending grow
and the balance sheet grow.”
... . . . . . .

CHENNAI
businessline.
TUESDAY - FEBRUARY 13 - 2024
QUICKLY.
Fulcrum Digital plans to
hire 700 people this year
New Delhi: Digital engineering
firm Fulcrum Digital plans to
hire 700 people this year,
according to its chairman
Rajesh Sinha. The company has
also launched Ryze, a
generative AI platform.
Positioned as a Software as a
Service (SaaS) solution, Ryze
aims to drive content
generation, covering textual
and visual mediums with
precision and efficiency. PTI
SAIL Q3 net profit falls
22 per cent to ₹423 crore
New Delhi: Steel Authority of
India on Monday reported a 22
per cent fall in its consolidated
net profit to ₹422.92 crore for
the December quarter due to
lower income. The steel maker
had posted a net profit of
e2085190
₹542.18 crore during the
October-December period of
2022-23. PTI
Happi Planet raises
₹8.47 crore from
Fireside Ventures
Meenakshi Verma Ambwani
New Delhi
Homecare products start-up
Happi Planet, founded by two
former P&G executives, has
raised a funding round of
₹8.47 crore from Fireside
Ventures. The start-up, which
offers plant-based and toxin-
free home care products, had
raised ₹1.25 crore from
100X.VC in March last year.
Nimeet Dhokai, Co-
Founder, Happi Planet
told businessline that the
funds will be used to ramp up
the brand’s offline presence
and brand awareness initiat-
ives. He added that the brand
aims to garner 10x topline
growth in the next 12 months.
CONSCIOUS CONSUMPTION
“With the rise of conscious
consumption, consumers
have increasingly been seek-
ing ‘better-for-you products’
when it comes to food, beauty
and personal care. Over the
past few years, they have
evolved further and have also
begun seeking toxin-free op-
tions for laundry and dish-
washing among others. Our
products, which are made
from 100 per cent plant-based
actives, aim to cater to the
homecare space,” he
explained.
Happi Planet offers plant-
based products which include
laundry detergent liquid, dish-
wash liquid, handwash, floor
cleaner and toilet cleaner. The
brand aims to ramp up its
presence to over 250 outlets
by end of this year.
CM
YK
FMCG-makers continue to take
M&A route to diversify offerings
TECH FOCUS. With D2C acquisitions, many players have registered a jump in digital revenues
Aroosa Ahmed
Mumbai
Fast-moving consumer
goods-makers continue to bet
on mergers and acquisitions
to diversify their product cat-
egories and digital presence.
Companies are utilising ac-
quisitions to fill portfolio gaps
in their product offerings to
enter newer categories.
In January, Tata Consumer
Products Ltd announced the
acquisition of Capital Foods
and Organic India. Similarly,
Marico recently acquired a 58
per cent stake in Direct-To-
Consumer Satiya Nutraceut-
icals Pvt Ltd and its wholly-
owned subsidiary Juizo Advis-
ory Pvt Ltd.
“We have made progress,
but we are not there quite yet.
Capital Foods complement
from a cuisine perspective; we
cover three cuisines — Indian
with Sampann, Western with
Smith & Jones, and then Ori-
ental with Capital Foods. It
Teleperformance plans to
expand India operations
Haripriya Sureban
Bengaluru
French digital services firm
Teleperformance plans to
expand its India operations,
in a bid to continue the
double-digit growth per-
formance in the region. As it
increases the headcount in
the region, Teleperform-
ance is vying to increase In-
dian client base, said Daniel
Julien, Chairman and CEO,
Teleperformance.
The company currently
has 90,000 employees in In-
dia, and has planned to in-
crease it to 150,000 in the
next three years. “With
more than 90,000 employ-
ees, our India presence
plays a very important role,
first as a Centre of Excel-
lence for multiple elements
related to technology and
IT solutions. We have also
decided to have India as
global shared services for
the entire group. For us, In-
dia is a major cornerstone
of the present and of the fu-
ture,” Julien told
businessline.
SILVER LINING
While the near future is an-
ticipated to be difficult for
the global economy given
the macro conditions. India,
albeit remains isolated, and
is the place everyone wants
to be, as it offers labour ar-
bitrage, ability to scale and
technology, he added.
India, for the global inc,
will take loftier goals, and
invest in digital practice to
become the global hub for
GROWTH PUSH. Companies are utilising acquisitions to
fill portfolio gaps in their product offerings to enter newer
categories ISTOCKPHOTO
gets us into categories of chut-
ney, dips, sauces, and noodles,
which we did not have in our
portfolio.
“This has filled some gaps
in our portfolio, but I think we
still have got options to play.
In the short term, we will
make sure we integrate the
businesses and make value,
but we remain quite open to
Daniel Julien, Chairman and
CEO, Teleperformance
the capability. The region
will also invest in complex
domain-specific tasks of
customer experience in
multiple areas - insurance,
healthcare, financial ser-
vices, and travel and hospit-
ality. With this, it aims to
compete with traditional
BPO players like Genpact,
WNS, and others.
2024 PIVOT
About 50 per cent of the
company’s clientele
amounting to 110 clients
are in India, across sectors
of financial services, insur-
ance, technology, and man-
ufacturing. “We faced some
headwinds over the last two
years, hence we have not
grown as rapidly. But 2024,
we are repivoting by in-
creasing our sales teams, in-
creasing our capability and
going with more cost effi-
cient models on Tier 2 cit-
ies. This is going to help us
increase the domestic mar-
ket at least two times faster
than it has grown over the
last two years,” said Anish
Mukker, CEO, Teleperform-
ance India.
organic and inorganic options
to grow forward.
FILLING THE GAPS
“It is not the end of the road
for M&A and we still have op-
tions, providing they make
sense from strategic and fin-
ancial perspective. A strategic
perspective means filling in
gaps faster than what we can
Colliers inches
closer to deal
for construction
of Infibeam hub
in Ahmedabad
Avinash Nair
Ahmedabad
Real-estate consultants Colli-
ers is the front-runner in bag-
ging the $10-million contract
for constructing Infibeam Av-
enues’ Artificial Intelligence
and Technology Extension
Hub at Ahmedabad, offi-
cial sources said.
The Ahmedabad centre is
envisioned as an extension of
Infibeam Avenues’ proposed
AI Hub in Gift City in neigh-
bouring Gandhinagar. The
construction of this exten-
sion is slated for completion
within a period of 18 months,
sources close to the develop-
ment told businessline.
In November 2023, Infi-
beam Projects Management
Pvt Ltd, acquired a partially
constructed Sintex Corpor-
ate House in Ahmedabad
from Aavas Trust, an entity
owned by the Aditya Birla
Group. This acquisition in-
cludes a plot area of 76,250 sq
ft near Vaishnodevi Circle,
where the extension hub is
expected to come up.
“The Ahmedabad campus,
which will be the extension of
GIFT city’s AI Hub, will have
the company’s own in-house
team and it will house stra-
tegically invested AI and
technology businesses under
one roof, further enhancing
the synergy and innovation
within the ecosystem.”
sources added.
on our own on the entire
roadmap,” said Sunil
D’Souza, CEO and MD of
Tata Consumer Products Ltd.
With the acquisitions, the
FMCG-maker is also in the
process of starting its phar-
maceutical distribution
network.
“We have Gofit and Soulful
products that can sell in phar-
macies, but we never had the
scale to put up an independ-
ent distribution system work.
We have a target right now for
closing and integration. We
aim to integrate the busi-
nesses within three to four
months of closing.
“The work has started on
how to build the pharma
channel. We had access to in-
formation, but not all of it.
Now that we’ve done the
signing, we will have access to
almost all the information. I
expect, in the next three to
four months, to have a very
clear view of how we will get
into the pharma channel,”
D’Souza had told businessline.
‘Burnout in cybersecurity
professionals threatens to
weaken security shield’
K V Kurmanath
Hyderabad
It is not just the gullible con-
sumers that are at great risk as
the number of cyber-attacks
increases. Cybersecurity pro-
fessionals and other IT exec-
utives who are involved in pro-
tecting the computer
networks in organisations too
are impacted.
Increased cyber attacks and
a severe shortage of man-
power to deal with such at-
tacks are taking a toll. In-
creased demands from the top
management to ensure attack-
proof networks and a growing
number of ‘alerts’ are making
them busy, leading to burnout,
according to a latest report by
cybersecurity solutions com-
pany Sophos.
The burnout and fatigue
among them are leading to se-
curity breaches and slower re-
sponse times to cybersecurity
incidents. Businesses in India
are experiencing a productiv-
ity loss of 3.6 hours per week
amongst cybersecurity and IT
professionals, with companies
in the Philippines (4.6 hours/
week) and Singapore (4.2
hours/week) having the worst
impact.
ALERT OVERLOAD
This is also leading to resigna-
tions and employees moving
on unable to bear stress.
“The routine aspects of the
role, create a feeling of mono-
tony. An increased level of
pressure from the board and/
With D2C acquisitions,
FMCG-makers have re-
gistered a jump in digital rev-
enues and further plan to
grow their digital brands.
DIGITAL GROWTH
“We believe digital acquisi-
tions have been immensely
successful. We might not be
the best in the world in creat-
ing digital brands, but Marico
aims to be in the top quartile
in scaling up brands profit-
ably.
We are just about starting
the process of synergies, syn-
ergies within the digital
brands and taking some of the
digital brands to general
trade. So, if there are oppor-
tunities, we will do it. We al-
ways believe that M&A is not a
substitute for organic growth.
Our focus remains that we de-
liver organic growth, and
M&A is a multiplier and not an
escape button for not being
able to do organic growth,”
said Saugata Gupta, MD and
CEO of Marico.
or executive management.
Persistent alert overload from
tools and systems and in-
crease in threat activity and
the adoption of new technolo-
gies that foster a more challen-
ging, always-on environ-
ment,” it said in the report
The study found that 34 per
cent are “not diligent enough
in their performance”; and 48
per cent felt heightened levels
of anxiety if subject to a breach
or attack.
news . bl . 5
Aditya Birla Capital on digital
drive in pursuit of growth
Janaki Krishnan
Mumbai
Aditya Birla Capital will
launch its direct-to-con-
sumer (D2C) app next
month, and follow that up
with the launch of a B2D app
for distributors and channel
partners and a pre-paid wallet
in the next fiscal year, as it in-
tensifies its digital play.
Along with the apps and
the payments platform,
which will be integrated with
it, the financial services com-
pany from the Aditya Birla
group expects to drive growth
across its businesses by offer-
ing them a range of products
and services seamlessly, while
accelerating customer ac-
quisition and cross-selling
and up-selling products
across its subsidiaries.
DIGITAL PLAY
In an Analyst Day interaction
last week, the company’s
management said that the
D2C app, called ABCD, is un-
dergoing closed user group
trials and it was committed to
launching it in March, while
the pre-paid instrument
(PPI) wallet would be
launched in FY25, and mer-
chant acquisitions would
start then. It has already ap-
plied to the Reserve Bank of
India for a PPI licence.
Despite curbs in growth of
unsecured loans, the com-
pany is confident of doubling
the loan book this year. The
management told analysts
that it would achieve its tar-
get by expanding its branch
network, increasing the share
of its secured products as well
as by doubling down on cross-
selling. Another driver is the
MSME Udyog Plus platform
which is seeing good traction,
and will be scaled up further.
The D2C app is designed to
be an all-in-one platform,
selling all its loan products, an
array of credit cards, invest-
ments across asset classes
and insurance products.
There are other functionalit-
ies too such as financial calcu-
lators, checking credit scores,
a budget and spending ana-
lyser, and financial health as-
sessment tools.
Last year the company had
signed an MoU with the Na-
tional Payments Corporation
of India to launch a complete
digital payments suite and
more features are being ad-
ded to it.
With the B2D app distrib-
utors can on-board connect-
ors seamlessly, facilitating
cross-selling opportunities.
Udyog Plus, which
provides lending and value-
added services to MSMEs, has
been recently integrated with
e2085190
the UltraTech app and the
Aditya Birla Group platform,
and a monthly disbursement
rate of ₹50 crore is coming in
from the group.
The company’s digital first
approach is already paying di-
vidends. In the current fiscal
year so far 80 per cent of its
customers in the asset man-
agement business were on-
boarded digitally, 80 per cent
of life insurance renewals
were done digitally, while in
health insurance, 85 per cent
of the business was through
auto-underwriting.
In the first nine months of
FY24, Aditya Birla Capital re-
ported a consolidated net
profit of ₹2,090 crore on rev-
enue of ₹23,566 crore. The
NBFC and the life insurance
units are the largest busi-
nesses with it, contributing
most to the topline, while the
bottomline contributors are
the NBFC and the AMC.
... . . . . . .
 6 . bl . think
CHENNAI

businessline.
TUESDAY - FEBRUARY 13 - 2024

TUESDAY - FEBRUARY 13, 2024

B SAMBAMURTHY

Match fixing in Pakistan SANTANU PAUL

I
ndia has been having a fantastic
journey on mobile payments
Pakistani people register protest with the ballot over the last decade. It started off
with IMPS (Instant Mobile
he just-concluded elections in Pakistan are a

T
Payment System) by NPCI
watershed moment. The people have openly during 2010. Launch of UPI in 2015 took
mobile payments to a global scale.
defied the powerful military establishment Incumbent banks’ partnership with
to vote for Imran Khan even though he has been
jailed, his party’s election symbol taken away and his
candidates forced to contest as independents.
Common people facing untold suffering with the
fintech and BigTech well-orchestrated
by NPCI under the watchful eyes of the
RBI has created a transformative
ecosystem. Thanks to the government’s Payments banks need
new business models
push, 600 million Jan Dhan bank
prices of essential food items, power and cooking gas accounts have been created.
There was lot of clamour for
spiralling through the roof in a country where payments bank licence and as many as
headline inflation is touching 30 per cent, have 41 aspirants jostled for the coveted
spoken against the all-pervasive military and its licence. But the RBI granted licence to
only 11 entities. As the hype wore off,
political co-conspirators. some of the successful applicants PAYTM LESSONS. Digital services provided by regular bank accounts have pushed them
Despite the fear and intimidation, people
realised that the business modelwas not out. The Paytm fiasco points to need for a coherent regulatory response
viable and as such as many as five
turned the elections into a moment of dropped out, leaving six players in the
resistance to cast their vote for field. the room. Payment banks are not out of failure of big payment players suited to be the first-generation neo
independents backed by Imran Khan’s The RBI’s recent supervisory action allowed to lend. They are not allowed to cannot be mitigated through these banks.
on Paytm Payments Bank has sent charge for UPI payments. They may only capital and liquidity buffers. The RBI
Pakistan Tahreek-e-Insaf (PTI). They now ripples across fintechs. The trigger, as distribute and collect loans online in needs to design a new framework for REGULATION OF THE FUTURE
form the largest bloc of 101 seats in stated by the RBI, is persistent partnership with other regulated payment banks. Big players could Micro supervisory intelligence is
Pakistan’s National Assembly. Nawaz non-compliance with regulatory lenders. They just cannot generate probably be mandated to write ‘living essential for macro supervisory
Sharif’s PML-N could secure 75 seats while guidelines. This comes on the back of enough revenues and prosper merely on wills’ for orderly winding down. interventions and vice versa. This is a
e2085190

the Pakistan People’s Party (PPP) of the earlier supervisory actions by way of
penalties and temporary embargo on
Bhutto-Zardari clan has won 54 seats. The new business. Paytm Payments Bank
Muttahida Qaumi Movement (MQM) has had a good run and is by far the largest
got 17 seats. It was, as the social media have and most aggressive player in the
termed it, a “century scored without a bat”, payments space. It claims to have over
300 million wallets, 100 million
the reference being to Khan’s election customers and over 30 million
symbol, the cricket bat, that was denied to merchants. These numbers include both
its candidates. The election has started a active and inactive at monthly usage
popular discourse where even the frequency. It leaves other players miles
behind. Its disruptive innovations in
pro-establishment media channels and accelerating digital payments is
outfits are openly discussing the military’s undeniable. But a regulated entity
pernicious role in public life. cannot exempt itself from regulations.
But such is the military’s stranglehold There are no trade-offs between
over the Pakistani State that despite the customer experience and
compliance/governance.
voters’ clear preference for Imran Khan’s Per the annual report, it has over 29
candidates, they may end up being the only subsidiaries, seven associates and seven
bloc that would be kept out of government joint ventures. This is bit of stretch for
formation. Emerging from the ignominy of governance in terms of resources, norms
and oversight. Among others,
exile and multiple corruption charges which
the military helped him ward off, former
compliance and monitoring of
related-party transactions, not just in
Prime Minister Nawaz Sharif has called all monetary domain but more importantly
parties, except the independent bloc, to in data governance domain.
Paytm Payments Bank’s regulatory
come together to form a coalition run-in notwithstanding, we need to look
government. Negotiations have begun with at issues and challenges of payments
the PPP, which has apparently demanded banks in general and explore the way
the PM’s post for Bilawal Bhutto and major forward.
ministerial portfolios in exchange for their The business model is the elephant in
the revenues from payment services .
This had become particularly
challenging with the launch of UPI and
AEPS (Aadhaar Enabled Payment
systems). Most of the payment banks are
bleeding or struggling to be profitable.
The success of UPI and launch of
AEPS had disrupted the entire payment
ecosystem far beyond what was
envisaged when the special category of
payment banks’ idea was even conceived
and licensed. Today, practically all the
600 million Jan Dhan accounts with
banks are provided digital payment
access with/without payment banks.
One would question the relevance of
payment banks with sole focus of
payments in the present milieu of the
digital payment ecosystem. In fact,
payment products/services are only
strategies for customer acquisition; they
cross-sell and depend not just on
payment business.
Post the Global Financial Crisis, the
banking regulatory community have
recognised that when big players fall,
there would be massive systemic risks
and moral hazard and it would be
difficult to resolve and respond quickly.
The ‘too big to fail’ framework is
designed to mitigate systemic risks. This
is essentially about capital and liquidity
buffers. But the systemic risks arising
A CASE FOR NEO BANKS
The banking landscape has over 600
million Jan Dhan accounts, 20 million
micro enterprises, nearly two million
banking outlets managed by business
correspondents. Are Jan Dhan banks a
logical extension? Maybe it is time to
create a new tier, not just a new category,
in the banking structure. What about
neo banks — which play a major role at
the bottom of the pyramid with full suite
of products — that are smaller than
small finance banks?
This may be designed to avoid
concentration risk that currently afflicts
payment ecosystem and also accelerate
formalisation of the informal economy
besides deepening financial inclusion for
credit and insurance.
Payment banks need to be allowed to
engage in micro credit and are well
Maybe it is time to
create a new tier in the
banking structure. What
about neo banks at the
bottom of the pyramid,
that are smaller than
small finance banks?
e2085190
huge challenge in the Internet world.
For instance, an investigative report,
some time ago, exposed several
unauthorised lending apps that may
inflict harm on unsuspecting citizens.
Regulators intervened and brought
down several thousand apps. But still
nearly 4,000 lending apps are in
operation and new ones crop up every
day.
Secondly, banking functions/
processes are disaggregated/aggregated
— unbundled/bundled. Functions like
lending, customer acquisition, KYC, risk
management and even banking are
offered as service.
In today’s digital world, supervising
banking (to ensure consumer protection
and market integrity and stability) is
easier said than done with current tools
and machinery. A section of the fintech
industry has suggested that the RBI
carve out payment regulations to a
separate entity.
In this context, there is no harm in
reopening this old but not irrelevant
debate and an external expert
committee may help. Regulation, after
all, is the lifeblood of the market
economy.
The writers served on the Boards of critical financial
market infrastructure organisations

support. With the MQM, the PML-N

already seems to have reached an

Don’t go overboard on ‘fact checking’

“in-principle agreement” to work together
in the future government. These efforts
have the backing of the Army Chief General
Asif Munir who has issued an open call
supporting the formation of a “unified Fact-checking units must not be selectively sensitive to criticism of the government concerned
government of all democratic forces
imbibed with national purpose”. Ujval Mohan
Simultaneously, attempts are afoot to Salil Ahuja
scatter the independent bloc with Election
T
he Bombay High Court’s split
Commission of Pakistan (ECP) allowing verdict on the constitutionality
them three days’ time to join a party post of the government’s proposed
fact check unit (FCU) exemplifies the
issuance of a notification. The idea is that conundrum between countering the
the lure of ministerial portfolios and other threat of misinformation and
perks besides other pressures being brought government involvement in fact
on them would cause disarray in the largest checks. In 2023, FCUs emerged as the
favoured policy intervention with
block of independents. The wiser course for governments in Karnataka, Tamil
the ECP is to allow the PTI independents to Nadu and Uttarakhand each citing the
hold internal elections and regain their need for government intervention to
symbol so that they can enter the Assembly control misinformation.
Safeguarding the integrity of civic
as a unit. Subverting a popular mandate by discourse from manipulative
blocking the largest elected bloc is hardly disinformation campaigns is
the way towards future political stability in a paramount, especially as India enters a
country wrecked by economic crisis. pivotal election season. In principle,
fact-checks can effectively counter
false narratives that mislead users and
cause real-world harm.
POCKET RAVIKANTH While social media platforms have
long partnered with third-party
fact-checkers to warn users of false
information, the threat of ‘fake news’
has grown in scale and sophistication.
However, FCU proposals denote a
novel trend, where governments seek
to fact-check misleading narratives.
This idea of governments emerging as
official arbiters of truth is the subject
of widespread scepticism.
As more governments pour already
scarce resources into setting up their
own FCUs, addressing systemic For example, not all fake posts
limitations becomes crucial. warrant penalties, but once flagged as
‘false’ by FCUs, users posting such
WHO WATCHES THE WATCHDOG? content face the real possibility of
With easy access to generative AI being subject to prosecution.
technologies, information pollution is With instances of Indian police
becoming more abundant, powerful, overriding legal safeguards to arrest
and deceptive. At the same time, a users for innocuous social media
large share of ‘false information’ content, citizens and journalists will be
online is likely innocuous and often a discouraged from online speech
form of satire or artistic expression. fearing FCU action.
FCUs face the daunting task of TICK MARK. Consider carefully This is precisely at issue in another
sifting through this digital haystack to case before the Madras High Court,
hand-pick harmful narratives that changes and protests. In Singapore, where petitioners argue that the FCU
deserve their attention. the Minister empowered to issue will muzzle voices critical of the State
This entails identifying information directions to counter ‘fake news’, government.
emerging from suspicious/inauthentic overwhelmingly used the power to The structural conflict of interest
sources while analysing trends to look target dissenting voices. resulting from government
for harmful content. Justice Patel, who Unsurprisingly, FCUs proposed by intervention necessitates institutional
led the Bombay HC Bench, raised a both the Centre and Tamil Nadu target independence. For example, proposed
concern about “how few things are misinformation about themselves. FCUs should insulate editorial
immutably black- or-white, yes or no, Other FCUs are less clear about what decisions from government influence,
true or false” which could lead to an narratives they will prioritise and how regularly publish transparency
untenable system of coercive these choices will be made. The public reports, and decentralise fact checking
censorship of alternative views by the interest in scrutinising claims solely functions to numerous independent
government. about the government was questioned fact checkers.
Government actors ultimately sway by the Court. Government efforts to counter
to political incentives, which skews Each proposed Indian FCU has a misinformation would be far more
their outlook on narrative selection. different structure, but all of them are effective if it instead focussed on
Consequently, government FCUs may designed to either label content as enabling partnerships between social
disproportionately target content misleading, facilitate take down, or media platforms and a vibrant
critical of the government, while prosecute errant social media users. ecosystem of independent third-party
ignoring falsehoods that support its Owing to inherent conflicts of interest, checkers, rather than doing the fact
outlook. For instance, government-run fact checks by the state are prone to checks themselves.
FCUs in Malaysia and Thailand public distrust, as well as legal
conspicuously stayed away from challenges arising from free speech Ahuja is an Analyst, and Mohan is a Senior Analyst, at
narratives about controversial regime concerns. The Quantum Hub, a public policy firm

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RBI action on Paytm Bank
The RBI, through its actions, has
sounded the death knell of Paytm
Bank. The parent company, One97
Communications Ltd, is now
struggling to resolve the issue of
opening nodal accounts to ensure
continuity of services as none is
coming forward in view of inherent
challenges the move entails. Apart
from several deviations identified by
the RBI, the one related to
non-adherence to KYC norms is
posing a huge challenge to banks
aspiring to take over the merchants
enjoying several of the services
offered by Paytm. What defies logic
is the request of the banks to allow
them to on-board merchants on
‘as-is-where-is basis. Questions arise
if RBI pays heed to such a request, it
could have very well allowed Paytm
to continue with its services after
rectifying KYC, technology and cyber
security related deviations and on
submission of a compliance report.
When several banks that had
indulged in credit frauds could be let
off with minor penalties facilitating
the takeover by other institutions,
the RBI could have handled the
Paytm issue in a better way.
Srinivasan Velamur
Chennai
India-UK FTA
Apropos ‘UK FTA: Proceed with care’
(February 12), indeed an FTA must
be a win-win for both the countries
involved through amicable
negotiations. When a partner
country in a proposed FTA
emphasises its own agendas in the
negotiation, the other country must
take care and weigh the pros and
cons before concluding the deal. The
UK FTA has been in the works from
2022 and the BJP Government has
done well in not hurrying to seal the
deal. Let the deal to struck after the
election and discussions with
domestic stakeholders.
NR Nagarajan
Sivakasi, TN
Taxing for the salaried
It is interesting to learn that there is a
greater degree of direct tax
compliance these days. But if we see
the situation from the lens of the
salaried class, especially in the last
quarter of a financial year, it is really
pathetic. Huge tax deductions at
source make them even indebted to
maintain the same standard of living.
The government may be committed
to reducing inequalities of income
and wealth through its direct
taxation policies. But it should not
worsen the economic situation of
the so-called middle class.
S Ramakrishnasayee
Chennai
Evergreening of loans
This is with reference to ‘Forensic
audit opened into Bandhan Bank’s
evergreening of loans’ (February 12).
Though the ‘evergreening’ of loans is
not unknown in banks, it was not
rampant and mostly sporadic. But
the “potential inflation in the
portfolio through fictitious
customers” is rare and more harmful
to the banking system. The National
Credit Guarantee Trust Company
should examine the accounts of the
bank in the scanner and quickly bring
out the facts, so that punitive action
may be taken, if necessary. It will also
have a salutary effect on other banks
and dissuade them from indulging in
such unhealthy practices.
Kosaraju Chandramouli
Hyderabad

Published by Nirmala Lakshman at Kasturi Buildings, 859-860, Anna Salai, Chennai-600002 on behalf of THG PUBLISHING PVT LTD., and Printed by Ra Babu Vijay at THG PUBLISHING PVT.LTD. Plot B-6 & B-7, CMDA Industrial Complex, Maraimalai Nagar, Chengalpattu Taluk, Chengalpattu Dist., Pin: 603209. Editor: Raghuvir Srinivasan (Editor responsible for selection of news under the PRB Act). ISSN 0971 - 7528

CM
YK ..... ...
 think . bl . 7
CHENNAI

businessline.
TUESDAY - FEBRUARY 13 - 2024

Doubts over rabi crop

Prospect of dry, warm days in the north, a problem
Are tighter norms for
G Chandrashekhar

N
ow that final acreage
numbers for rabi 2024
crops are available, it is
time for examining the crop
prospects. Looming weather risk
is casting a shadow on rabi 2024
harvest. Major crops of the season
include wheat, maize,
rapeseed-mustard and gram
(chana). For satisfactory rabi
harvest benign weather
conditions, particularly winter
rain, are critical.
Rabi season planting
commenced in a less-than-ideal
situation. The temporal and
spatial distribution of the
south-west monsoon (June to
September 2023) was
less-than-satisfactory. Although
the monsoon concluded with an
overall small deficit in
precipitation, large swathes of the
country faced acute moisture
stress because of uneven
distribution.
The effect of El Nino was clearly
visible. It did not augur well for
rabi planting. Rabi crop growing
regions including in the main
Punjab and Haryana faced dry
e2085190
HARVEST. May not be bountiful
for the new varieties to
demonstrate how heat tolerant
they really are.
The production target for
wheat set by the government is
114 million tonnes (mt). Looking
at planted area (34.2 million
hectares), in scenario 1, the
upcoming wheat harvest would be
in the 102-104 mt range. In
Scenario 2, production can
potentially take a hit to fall to
95-98 mt levels, a multi-year low.
Wheat supply-demand
fundamentals are already tight.
Public stocks of wheat are already
running at multi-year low levels.
Open market prices are at
RUDRA SENSARMA
MD GYASUDDIN ANSARI
personal loans justified?
T
he RBI’s recently released
monthly bulletin has argued
that the quality of retail loan
portfolios is healthy except
for credit cards and vehicle
loan segments which recorded moderate
stress.
In November last year, the RBI
tightened the norms related to
unsecured loan portfolios of banks and
non-banking financial companies
(NBFCs), citing abnormally high credit
growth in these loan categories. What
did the RBI exactly do? Raising the risk
weights on these loans from 100 per cent
to 125 per cent increased the capital that
banks and NBFCs are required to set
aside for every personal loan they
disburse.
The norms apply to most personal
loan segments, such as credit cards, but
exclude education loans, housing loans,
and vehicle loans. In simple terms, banks
and NBFCs now need to set aside the
disbursed amount of personal loans and
an additional 25 per cent as capital. The
risk weight of all credit card receivables
is now 150 per cent for banks (increased
from 125 per cent) and 125 per cent for
NBFCs (increased from 100 per cent).
CREDIT SQUEEZE. The RBI would have done better by targeting categories within the
personal loan segment prone to high risk, than adopting a blanket approach
amount to ₹8.5-lakh crore, as on
September 22, 2023.
The RBI’s major concern seems to be
the ‘lifestyle related’ loans up to ₹10,000
of 3-4 months’ tenure. However, the
tightened norms apply to all the types
(short-term and medium terms loans)
and tenures (up to 7 years) of personal
loans. No specificities regarding types
and tenures can be seen in the new
norms. It appears to penalise all types of
personal loans and credit card
outstanding. Perhaps the RBI would
have done better by adopting a more
calibrated approach by targeting those
loan categories that are prone to high
risk instead of a one-size-fits-all
perspective.
DIAGNOSIS OF REPAYMENT
Since the RBI is concerned particularly
about the smaller amount and
shorter-term loans, a diagnosis of

conditions in December. January
was worse, as most of north-west,
central and eastern India faced
deficient rains.
On current reckoning, El Nino
conditions are likely to continue
till April, but its effects are
beginning to fade. India
Meteorological Department
(IMD) has forecast a warm
February. It is a looming weather
risk, particularly for wheat.
In 2022 and 2023, rabi crops
faced heatwave conditions
resulting in production shortfalls.
The supply-demand
fundamentals became quite tight.
New Delhi was forced to impose
curbs on export of key agricultural
commodities like wheat,
non-basmati rice and sugar.
TWO SCENARIOS
If heatwave conditions recur this
year, it will be third year in a row
for rabi crops. It is in this
background that one must
examine the prospects for 2024
rabi crops.
Specifically for wheat, two
scenarios emerge — (1) benign
weather during February-April
months that supports crop
prospects; and (2) a
less-supportive weather that can
hurt.
It is well-recognised that Indian
wheat is at the limit of tolerance.
The Wheat Research Institute has
stated that two-thirds of the area
this season is planted to
heat-tolerant varieties. The next
two months are going to be a test
elevated levels. If production were
to fall below 100 mt, procurement
by the Food Corporation of India
(FCI) may be in jeopardy. It can
exacerbate the current availability
and price situation, and make
import inevitable.
Among pulses, planted area for
gram or chana is down by 600,000
hectares this season to 10.5
million hectares. Almost 80 per
cent of the planted area (covering
Madhya Pradesh, Rajasthan,
Maharashtra, Karnataka) is facing
moisture stress.
Last year, the government
initially estimated chana crop size
at 13.5 mt, but subsequently
reduced it to 12.3 mt. Even the
revised number is seen as
overstated by 10 per cent. For
2024 production target is an
ambitious 13.6 mt. The harvest
size is sure to fall well below the
target and possibly be in the
10-10.5 mt range.
Among oilseeds,
rapeseed-mustard is a key rabi
crop. It has been planted on a
record 10 million hectares (up
200,000 ha from last year). Almost
three-fourths of the planted area
is currently facing moisture stress
(UP, MP, Rajasthan).
Production target is fixed at
13.1 mt. Actual harvest size may
be much lower at 11.5 mt or 12 mt
at best.
The writer is a policy commentator and
agribusiness specialist. Production forecasts are
the writer’s best-judgment assessment. Views
are personal
One view is that such moves are
countercyclical, aimed at stabilising and
regulating the economy by reining in the
adverse effects of an upswing in the
business cycle. Moreover, it is meant to
send a signal to the financial system to
control any emergent financial stability
risk.
What are the implications of the
tightened norms? First, the capital
requirements of banks will increase by
₹84,000 crore (as estimated by the State
Bank of India), thereby enhancing
borrowing costs as the lenders pass on
the elevated capital charges in the form
of higher lending rates.
Second, it can reduce loanable funds
available with financial institutions as
those lenders who are unable to set aside
additional capital would have to cut
down on lending. Consequently, it may
reduce the spending of retail consumers
as they are able to borrow less than
before. Hence, this change in the lending
norms may be categorised as
contractionary prudential policy — as it
leads to a reduction in aggregate
consumption, which may lead to a
contraction in economic activity, i.e.,
send the business cycle to a downward
trajectory. Bank loans to NBFCs have
also been assigned a 25 per cent higher
risk weightage, over and above the risk
weightage given by external agencies (in
case the latter is less than 100 per cent).
This move will further reduce lending
activities, suggesting a costly trade-off
between financial stability and credit
growth.
Is the RBI justified in tightening the
lending norms? A close inspection of the
latest data shows that the growth rate in
personal loans by banks is on a declining
path after reaching a peak in July 2023.
The growth rate in credit card
outstanding by banks is also decreasing
since June 2023, when it reached the
highest level in the previous one year.
Both personal loans and credit card
outstanding have been stabilised after
the growth rates converged in June-July
2023. The year-over-year (y-o-y) growth
Historically (since 2015),
at aggregate level, NPAs
for retail loans have
been the lowest among
all segments of loans,
rate seems to be high but the general
trend in the growth rate is not alarming.
While it is following an imperceptible
upward movement, so is economic
growth in the country.
Moving to NBFCs, the growth rate in
their total loans over the last one year
has been on a declining trajectory.
However, a spike in growth can be seen
in June-July 2023. Moreover, the growth
rate in September 2023 is marginally
lower as compared to August 2023. The
category ‘Other Services Loans’ which
include ‘Mutual Funds and Banking’ and
‘Finance Other Than NBFCs’ has been
on an upward trajectory since the last
one year, only to see a modest decline in
September 2023, but it did not receive
any attention from the regulator. The
loans under ‘Other Services Loans’
e2085190
repayment trends in this category is
important. The impact of defaults in this
category of loans are generally less,
firstly because of digital collections
system introduced by many banks. For
instance, SBI has employed two fintechs
for monitoring and collecting digital
loans in the northern region on pilot
basis. This has an advantage of alerting
the bank in case of any adverse trend in
the payment behaviour of the
borrowers.
Secondly, low level of exposure in the
personal loan segment of banks helps to
keep the losses from default under
control. For example, the share of
personal loans in total domestic loans
given by Bank of Baroda is just 3 per cent
in the month ending June 2023. The
gross non-performing assets (NPAs)
stood at only 1.13 per cent in the
personal loans segment. It seems, this
segment of loans may not be a big risk to
the system at this point in time.
Historically (since 2015), at aggregate
level, NPAs for retail loans have been the
lowest among all segments of loans,
according to the RBI’s monthly bulletin.
Similarly, the slippage ratio, which
indicates the rate of accretion of NPAs,
is the lowest for the retail segment.
There is no doubt that checks and
balances are a pre-requisite for ensuring
a sound financial system. However, a
targeted approach would be more
appropriate than a cookie-cutter model
to ensure a balance between financial
stability and growth.
The writers are Professors of Economics at IIM
Kashipur (Uttarakhand)

thehindu businessline. Of Budgets and elections

TWENTY YEARS AGO TODAY. B Baskar attention keeping the commentariat questions about Indian polity,
February 13, 2004 busy. Commentators and analysts especially the commentariat’s use of

I
t’s been almost two weeks since
No landing charges for small aircraft, copters Finance Minister Nirmala
The Government has exempted helicopters and small aircraft seating up to 80 Sitharaman presented the
people from paying any landing charges. However, officials of the various vote-on-account in Parliament, which
airlines said that it would be difficult to immediately compute how much the largely received positive comment —
new order would make air travel cheaper. So from the media, industry lobbies, and
independent economists.
DoT bid to prevent sell-off in Telecom Consultants As the government indicated, and
In a move to stall the disinvestment of Telecom Consultants India Ltd (TCIL), the name suggests, it was just a
the Department of Telecommunications has asked the Ministry of External vote-on-account, shorn of any ‘big
Affairs (MEA) to intimate the strategic importance of the company and bang’ announcement with an eye on
business obtained by it due to the fact that it is a public sector unit. Once the the upcoming general election this
MEA argues for the need of keeping TCIL under Government control, the year.
proposal to divest 51 per cent stake to a strategic partner will be shelved. Even though this was just an
interim Budget, the media — both
IFCI staff prefer IDBI to PNB print and electronic — gave
IFCI employees are making a last-ditch effort to halt the institution’s proposed saturation coverage to it. But Budgets
merger with Punjab National Bank (PNB). Pressure is being mounted on the in India — interim or otherwise —
Government by the Officers’ and Employees’ Association of IFCI to halt the have always attracted much media
merger with PNB and instead look at a merger with IDBI.
spend a lot of time ‘looking at the
fineprint’ — both at the numbers and
the political messaging in the
Budgets.
LOADED WITH AGENDAS
This again is hardly surprising as
Indian Budgets have hardly ever been
a simple statement of government
accounts. Budgets have always been
loaded with economic and political
agendas — laying roadmaps for
economic policymaking in the near
and long term.
This absence of any ‘goodies’, or
‘freebies’ in this interim Budget is
being read as an indication of the
BJP-led government’s confidence in
winning the Lok Sabha elections and
BUDGETS. More than just govt accounts
returning to power for a third
successive term. The contrast is made
between this interim Budget and the
one in February 2019, when the
government announced the PM Kisan
Yojana ostensibly to woo the farming
community.
But this raises some uncomfortable
terms such as ‘voter bribing’. Indian
politics has also been acquiring a
‘transactional’ nature over the last
two or so decades, where people
demand something concrete in
return for their vote.
Much ink has been split on
distinguishing a ‘freebie’ from a
genuine ‘welfare measure’. But this
transactional model may also be a
sign of our cynicism — both of the
people and the political class — over
our political system, where larger
issues of rights and citizenship are
ignored.
Maybe it’s time we evolved a new
intellectual apparatus to understand
the complex interplay between
economics, politics and citizenship.

BL TWO-WAY CROSSWORD 2374

EASY
ACROSS
1. Feeling that something will
happen (11)
8. Extravagant, fictitious (8)
9. Hawk-like bird (4)
10. A heavenly body (5)
13. Costly (4)
16. Swallow spasmodically (4)
17. Come ashore (4)
18. Hearing in law-court,
assize (4)
20. Move in military fashion (5)
24. Level, smooth (4)
25. A skin disease (8)
26. Polymer, resistant to water,
chemicals (11)
DOWN
2. Hinder part of animal body (4)
3. A tropical fruit(5)
4. A sound (5)
5. Distressed, annoyed (5)
6. Retailer of fruit, vegetables (11)
7. Act of plundering (11)
11. Note equal to two
crotchets (5)
12. A Welsh royal house (5)
14. Dash, impetuosity (4)
15. Depressed, dismal (4)
19. Of the kidneys (5)
21. Let in (5)
22. Unclouded (5)
23. To draw, paint (archaic) (4)
NOT SO EASY
ACROSS
1. Make PRO mention one of his forebodings (11)
8. Car in MoT turned out with feelings of love (8)
9. Bird may be flying on the end of a string (4)
10. See me in bed in an early jet airliner (5) 13. It
doesn't come cheap, the corresponding
beginning (4)
16. Bung it back and swallow it down (4)
17. Come down to earth to bring the catch
ashore (4)
18. Some boy, erring in hearing of a law-court (4)
20. Go on a protest for thirty-one days (5)
24. It is a little late in the day for a poet to be
fair (4)
25. One time, GP has nothing for skin trouble (8)
26. Make it seep, only try plastic form of it (11)
DOWN
2. It is the remnant of a sort of steak (4)
3. Fruit the chap won't stay for (5)
4. It is the sound of the hooter that surrounds one (5)
5. Is annoyed to find one revolutionary holding the king (5)
6. He provides fruit, corn, egg and twice re-assembles
them (11)
7. Plundering is noted and repaid somehow (11)
11. Two crotchets may be measured by an apothecary (5)
12. Royal House rose as its emblem was seen (5)
14. The landlord showed such dashing style (4)
15. It may be indecent to be royal, say (4)
19. It's the right way up where kidneys are concerned (5)
21. To own it, mad as may be (5)
22. Sort of soup to remove from the table (5)
23. How one would draw a leg, by the sound of it (4)

SOLUTION: BL TWO-WAY CROSSWORD 2373

ACROSS 1. Reckless 4. Chit 8. Din 9. Slime 10. Rye 11. Calomel 12. Exert 13. Favouritism 17. There 18. Bobbins 20. Pat 21. Cable 22. Lee 23. Dodo 24. Henchman
DOWN 1. Reduce 2. Canal 3. Spill 5. Hornets 6. Twenty 7. Delectable 9. Somnolence 14. Alerted 15. Stupid 16. Astern 18. Bible 19. Islam

CM
YK ... . . . . . .
 8 . bl . market.radar
CHENNAI
For BSE/NSE live quotes, scan
the QR code or click the link businessline.
https://bit.ly/2FpossK TUESDAY - FEBRUARY 13 - 2024

QUICKLY.
Sundaram AMC appoints
Radhakrishnan as CEO
Mumbai: Sundaram Asset
Management has appointed
Anand Radhakrishnan as CEO.
Anand was earlier a part of the
company for eight years from
1996 to 2004. He previously
served as Managing Director &
CIO (Equity) at Franklin
Templeton India. Radhakrishnan
will take over as Managing
Director in July. OUR BUREAU
Alpex Solar NSE-Emerge
IPO subscribed 300 times
Chennai: The NSE-Emerge IPO
of Alpex Solar was subscribed
301.45 times. The ₹74.52-crore
IPO closed on Monday. The
price band was ₹109-115. The
Greater Noida firm plans to use
₹19.55 crore to upgrade and
expand its existing solar
module manufacturing facility,
e2085190
Mid, small-caps, PSUs wilt under selling pressure
BEAR GRIP TIGHTENS. Sensex, Nifty decline in across-the-board sell-off; over 3,000 stocks close in the red; Volatility Index rises above 16
KS Badri Narayanan
Chennai
Equities across the board fell
on Monday, amid profit tak-
ing. The fall was more deep in
mid- and small-cap stocks,
while public sector undertak-
ings wilted under valuation
concerns, said analysts. Be-
sides, margin call also
triggered selling, they added.
The NSE Nifty 50 index
was down 0.76 per cent at
21,616.05, while the S&P BSE
Sensex slipped 0.73 per cent
at 71,072.49. The BSE Small-
Cap index and Mid-cap index
declined 3.1.6 per cent and
2.62 per cent, respectively.
‘MARGIN CALL’
An uptick in exchange mar-
gin requirements caused a
decrease in positions,
primarily in mid- and small-
caps, said Vinod Nair, Head
of Research, Geojit Financial
After index play, BSE plans to revive stock derivatives
Services.”Aside from the
pharma and IT sectors,
selling was widespread, with
notable struggles seen in
PSU banks. The premium
valuation gap between mid-
to large-caps has notched to
its all-time high. Despite a ro-
bust economic forecast, cor-
porate earnings are expected
to slow due to moderated op-
erating margins. It is going to
be a challenge for the broad
market to sustain the
premium valuation. Large-
caps are predicted to excel
amid consolidation,” he
added.
The BSE CPSE (measuring
the performance of Central
Public Sector Enterprises)
and the BSE PSU, consisting
of public sector undertak-
ings, tumbled the most at
4.92 per cent and 4.44 per
cent, respectively. Among
the sectoral indices, BSE
Utilities was the biggest loser
by 3.60 per cent, followed by
BSE Telecommunication at
3.44 per cent. Except for BSE
TECk, all the other sectoral
indices closed in the red.
Among the PSUs, SJVN
crashed 20 per cent, followed
by NHPC (15.81 per cent),
New India Assurance (15.11
per cent), NLC India (15.11
per cent) and GIC (14.41 per
cent)
The advance decline ratio
was heavily skewed in favour
of decliners with as many as
3,015 stocks ending in the
red against 980 stocks that
closed in the green. The
volatility index — India VIX
jumped 4 per cent to 16
levels.
Abhishek Banerjee,
smallcase Manager, Founder-
Lotusdew Wealth and Invest-
ment Advisors, said, “Mar-
kets at all-time high makes
everyone nervous. Everyone
is looking for any negative
news to book profits.”
DII, FPI ON BUY MODE
Interestingly, both foreign
portfolio investors and do-
mestic investors were buy-
ers, according provisional
data provided by the ex-
changes. While FPIs were
buyers to the tune of ₹126.60
crore, domestic institutions
lapped up ₹1,711.75 crore
worth shares.
The Long-Short ratio, re-
mained flat since last three
trading sessions, hovering in
the 63 per cent range, as the
FPIs activity remain subdued
in Index futures, said Ashwin Strong put writing coupled
Ramani, Derivatives & Tech- with call writers exiting at a
nical Analyst, SAMCO Secur- particular strike price, is usu-
ities. “Strong put writing ally considered as a sign of
(bulls’ entry) supported by resistance getting weaker
call writers exiting (bears and stronger possibility of
exit) was observed at 21,800 prices moving higher,” he
& 21,900 Strike in Nifty. added.
Bandhan Bank stock crashes 7.2%
Shares of Bandhan Bank of loans lent under credit
tumbled 7.21 per cent at ₹200.65 guarantee schemes”
on the BSE on businessline Among other scrutiny
reports that some of its loans processes, documents accessed
had come under forensic audit. by businessline revealed that
On Sunday, businessline the auditor is required to
reported that “with doubts of “perform data analytics on the
evergreening of loans and portfolio to identify
fictitious loan accounts looming window-dressing or
over certain portfolios covered evergreening of loans.”
under credit guarantee schemes, During the day, the stock hit a
a forensic audit initiated by low of ₹197.85, which is slightly
National Credit Guarantee above its 52-week low of
Trustee Company (NCGTC) is ₹182.20 that it had hit during
currently ongoing at Bandhan March 2023. The stock’s
Bank. This covers ₹23,300 crore 52-week high is ₹272.
Brookfield REIT’s

₹12.94 crore to set up a new
unit; ₹20.49 crore for working
capital requirements. OUR BUREAU
MCX’s shares plunge
9% on Q3 net loss
New Delhi: Shares of Multi
Commodity Exchange (MCX)
plunged 9 per cent on Monday
after derivatives exchange
reported a net loss in the
December quarter. The scrip of
the company slumped 9.03 per
cent to settle at ₹3,484 apiece on
the NSE. MCX’s shares declined
8.92 per cent to end at ₹3,489.15
per piece on the BSE. PTI
Ashley Coutinho
Mumbai
After finding its feet in index
derivatives, the country’s old-
est bourse BSE is gearing up to
dip its toes in stock derivat-
ives. “Stock options and fu-
tures are very much on our
radar,” the bourse’s Managing
Director and CEO Sundarara-
man Ramamurthy told busi-
nessline. “But we want to sta-
bilise our Sensex and Bankex
derivatives offerings first be-
fore we embark on working on
these segments.”
The exchange has not offi-
cially set a timeline or spelt
out a game plan for stock de-
rivatives, where it has little to
no turnover currently. Its im-
mediate goal is to ramp up in-
stitutional participation in in-
dex derivatives instead.
“Currently, we have 60 for-
eign portfolio investors trad-
ing Sensex derivatives; many
more can trade on this seg-
ment. We are also revamping
our colocation facilities,
which will help boost volumes
in both the cash and derivat-
ives segments,” Ramamurthy
said.
While the exchange insists
that any product launch or re-
vamp will be dictated by mar-
ket needs and member re-
quirements, the buzz on the
Street is that there has been a
nudge from the market regu-
lator to look at the segment.
An email sent to SEBI did not
get a response.
BSE relaunched its weekly
Sensex options product last
year with a Friday expiry.
Bankex expiry was shifted to
Monday. Within months, BSE
has wrested a 13 per cent mar-
ket share in notional turnover
in index derivatives.
A LOT HARDER
Reviving the moribund stock
derivatives segment may be a
lot harder, given higher volat-
ility and lower depth. “The
segment typically has large
holders of stocks who influ-
ence prices either way. Only
evolved traders dabble in
stock derivatives — either
those who are well-informed
or long-term holders with a
definite view,” said Deepak
Jasani, Head - Retail Research,
HDFC Securities.
Rival NSE currently offers
over 180 stocks in derivatives
but BSE may offer a much
lower number to begin with,
said market watchers.
It remains to be seen if BSE
will offer any incentives to
members for trading in stock
derivatives considering that
the exchange has stopped do-
ing so in the index derivatives
segment.
“It will not be easy to make
inroads in the stock F&O seg-
ment, unless there’s enough
differentiation. This could be
in the form of weekly or fort-
nightly expiry contracts or op-
tions on options, a second-or-
der derivatives product sold
in the US,” said Rahul Sharma,
Director & Head - Technical &
Derivatives Research, JM Fin-
ancial Services.
Average daily turnover of
stock futures for December at
NSE stood at ₹1.26 lakh crore
while that for stock options at
₹9,016 crore. “Sensex and
e2085190
Q3 income up 89%
Bankex derivatives trading
has attained critical mass and Our Bureau
become commercially viable. Mumbai
Higher foreign participation
will bring in bulk buyers and Brookfield India Real Estate
sellers. The regulator, too, has Trust reported an 89 per cent
hinted it is in favour of having rise in net operating income in
two strong exchanges, and the third quarter of FY24 on
not lopsided competition. All the back of income from lease
this bodes well for BSE,” said rentals that rose 90 per cent
Alok Churiwala, a stock and revenue that was 77 per
broker. cent higher from an year ago.
That said, he reckons that Its NOI in the reporting
kickstarting the stock derivat- quarter was ₹453.4 crore, in-
ives segment may well take a come from lease rentals was at
year or more. “More competi- ₹392.7 crore and revenue was
tion will help in shoring up at ₹530.8 crore.
market volumes, bring in “Our assets witnessed
wider participation and strong traction with robust
provide arbitrage opportunit- leasing demand from global
ies for traders,” added capability centres of large cor-
Sharma. porates and technology ser-
BSE shares have surged vices companies,” said Alok
over 400 per cent in the past Aggarwal, CEO, Brookfield In-
year. dia REIT.

BROKER’S CALL. TODAY’S PICK.

Gold ETF inflows jump over Apollo Hospitals Enterprise (₹6,615.80): BUY
Nifty 50 Movers
Close(₹) Pts
왔 166.45 pts.
PE
HCL Tech . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1666.95. . . . . . . . . . . . 8.80. . . . . . . . . . . 28.82 . . . . . . . . . . 1.87
Wt(%)

7 times as global uncertainty lingers
Suresh P. Iyengar
Mumbai
Inflows in gold exchange
traded funds increased
sharply to ₹657 crore in Janu-
ary against ₹88 crore in
December as the uncertainty
over the US Fed cutting in-
terest lingers apart from
global economic uncertainty.
The inflows were also aided by
the launch of Tata Gold Ex-
change Traded Fund which
garnered about ₹6 crore last
month.
The assets under manage-
ment in gold ETF increased 2
per cent to ₹27,778 crore
against ₹27,326 crore in
December, according to the
Association of Mutual Funds
in India data.
Gold prices in global mar-
kets have scaled new highs
after going past the $2,100 per
ounce-mark in early last
December but have gradually
come down ever since open-
ing an opportunity for in-
vestors to consider gold ETF
as an investment option. It has
been trading range-bound at
about $2,023 an ounce
currently.
Melvyn Santarita, Analyst,
Morningstar Investment Re-
search India said with the on-
going geopolitical tensions
and US inflation still hovering
higher than the desired num-
ber, the appeal of gold as a safe
haven and hedge against infla-
tion is expected to continue.
RISK-ON APPROACH
In India, he added that gold
has done fairly well over the
last year but dwarfs in com-
parison to the bull run in the
equity markets.
“Given this, flows in gold
ETF category has been some-
what patchy with few in-
vestors choosing to opt for a
risk-on approach in anticipa-
tion of a reversal in the US rate
cycle going ahead,” he said.
Inflows in gold ETF
softened to ₹1,263 crore in
December quarter against
₹1,659 crore in September
quarter after a nominal inflow
of ₹298 crore in June quarter.
The asset under manage-
ment has jumped to ₹22,339
crore in June quarter to
₹27,326 crore in December
after a sharp run-up in prices.
Ajay Kumar, Director, Kedia
Commodities said gold prices
are expected to remain volat-
ile through this year and it may
fall to $1,950 an ounce on the
back of strengthening dollar
against other global
currencies.
The US Fed rate cut is ex-
pected after May as the US will
go for election in November
and the yellow metal should
rally to $2,240 an ounce in the
second half of this year, he
added.
Motilal Oswal
HERO MOTOCORP (BUY)
Target: ₹5,560
CMP: ₹4,689.05
Hero MotoCorp (HMCL) posted an in-line
operating performance in Q3. HMCL expects
double-digit revenue growth for the industry in
FY25 and aims to outperform the industry with
new launches. It expects an uptrend in margins
from hereon, owing to benign input costs and
improving mix.
Demand outlook: Overall 2W industry
revenue should grow in double digits in FY25
and HMCL expects to outperform the industry
with its new launches, thereby implying market
share gains. Industry growth is likely to be
driven by the 125cc+ segment in FY25 as well.
Margins: ICE margins stood at 16 per cent in
Q3. The margin impact of EV sales was high in
Q3 (200 bps) due to the festive season and is
likely to be at 100-150 bps in FY24. While input
costs would remain stable, the management
expects margins to be on a gradual uptrend with
an improved mix.
We maintain our FY24 EPS but increase our
FY25 EPS by 10 per cent to factor in better
product mix and volume recovery. Reiterate our
Buy rating on the stock with a target price of
₹5,560 (18x Mar’26E EPS + ₹235/₹198 for Hero
FinCorp/Ather after 20 per cent holding
company discount).
Choice Broking
DATAMATICS GLOBAL (ADD)
Target: ₹760
Gurumurthy K
bl. research bureau
The short-term outlook is bullish
for Apollo Hospitals Enterprise.
The stock has witnessed a bullish
breakout above the key level of
₹6,400. Immediate support is at
₹6,550. Below that, ₹6,400-6,380
will be the next strong support
zone. Any dip below ₹6,550 will be
limited to ₹6,400-6,380 support
zone. A fall below ₹6,380 might be
little difficult now. Apollo
Hospitals Enterprise share price
can rise to ₹7,000-7,050 over the
next three-four weeks.
Traders can go long now.
Accumulate on dips at ₹6,560.
Keep a stop-loss at ₹6,365 initially.
Trail the stop-loss up to ₹6,670 as
Day trading guide
21696 » Nifty 50 Futures
S1 S2 R1
21620 21570 21800 21865
₹1391 » HDFC Bank
S1 S2 R1
1380 1360 1400
soon as the stock moves up to
₹6,710. Move the stop-loss further
up to ₹6,850 when the price
touches ₹6,920. Exit the longs at
₹7,000. The region around ₹7,000
is a strong resistance from where
a reversal is possible.
Note: The recommendations are based
on technical analysis. There is risk of loss
in trading.
R2 COMMENT
Wait for a rise. Go short at 21780.
Keep the stop-loss at 21820
R2 COMMENT
1415 Go short only below 1380. Keep
the stop-loss at 1390
Infosys . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1680.10. . . . . . . . . . . . 8.77. . . . . . . . . . . 28.57 . . . . . . . . . . 6.34
Dr Reddys Lab . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 6333.50. . . . . . . . . . . . 4.95. . . . . . . . . . . 20.21 . . . . . . . . . . 0.82
Apollo Hosp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 6614.45. . . . . . . . . . . . 4.08. . . . . . . . . 115.67 . . . . . . . . . . 0.70
Wipro. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 501.45. . . . . . . . . . . . 3.55. . . . . . . . . . . 23.09 . . . . . . . . . . 0.75
M&M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1660.45. . . . . . . . . . . . 2.88. . . . . . . . . . . 16.98 . . . . . . . . . . 1.57
Divis Lab. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3740.15. . . . . . . . . . . . 2.56. . . . . . . . . . . 74.55 . . . . . . . . . . 0.50
LTIMindtree Ltd. . . . . . . . . . . . . . . . . . . . . . . . .. . . 5516.50. . . . . . . . . . . . 1.33. . . . . . . . . . . 35.50 . . . . . . . . . . 0.54
Bajaj Auto. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 7829.95. . . . . . . . . . . . 1.17. . . . . . . . . . . 29.93 . . . . . . . . . . 0.94
Tech Mahindra . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1318.80. . . . . . . . . . . . 1.11. . . . . . . . . . . 45.04 . . . . . . . . . . 0.87
Eicher Motors . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3871.85. . . . . . . . . . . . 0.97. . . . . . . . . . . 29.60 . . . . . . . . . . 0.56
NestleIndia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2459.05. . . . . . . . . . . . 0.73. . . . . . . . . . . 79.07 . . . . . . . . . . 0.93
UltraTech Cement . . . . . . . . . . . . . . . . . . . . .. . . 9963.85. . . . . . . . . . . . 0.48. . . . . . . . . . . 44.84 . . . . . . . . . . 1.22
Asian Paints . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2953.80. . . . . . . . . . . . 0.22. . . . . . . . . . . 51.13 . . . . . . . . . . 1.41
UPL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 458.40. . . . . . . . . . . . 0.05. . . . . . . . . . . . . 0.00 . . . . . . . . . . 0.24
Britannia Ind . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 4970.20. . . . . . . . . . -0.04. . . . . . . . . . . 55.55 . . . . . . . . . . 0.62
JSW Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 811.50. . . . . . . . . . -0.05. . . . . . . . . . . 17.42 . . . . . . . . . . 0.82
Sun Pharma . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1534.45. . . . . . . . . . -0.09. . . . . . . . . . . 41.21 . . . . . . . . . . 1.75
SBI Life . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1436.00. . . . . . . . . . -0.38. . . . . . . . . . . 77.31 . . . . . . . . . . 0.68
Cipla . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1434.75. . . . . . . . . . -0.60. . . . . . . . . . . 30.94 . . . . . . . . . . 0.80
Titan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3585.25. . . . . . . . . . -0.61. . . . . . . . . . . 91.97 . . . . . . . . . . 1.58
Maurti Suzuki . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 10709.70. . . . . . . . . . -0.70. . . . . . . . . . . 27.67 . . . . . . . . . . 1.50
Bharti Airtel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1118.70. . . . . . . . . . -0.90. . . . . . . . . . . 58.69 . . . . . . . . . . 2.99
TataConsumerProduct . . . . . . . . . . . . .. . . 1122.20. . . . . . . . . . -1.01. . . . . . . . . . . 82.72 . . . . . . . . . . 0.75
Tata Motors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 911.60. . . . . . . . . . -1.37. . . . . . . . . . . 17.66 . . . . . . . . . . 1.70
HDFC Life . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 577.20. . . . . . . . . . -1.64. . . . . . . . . . . 81.43 . . . . . . . . . . 0.64
Bajaj Finserv . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1557.25. . . . . . . . . . -1.70. . . . . . . . . . . 16.74 . . . . . . . . . . 0.89
Grasim Ind. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2147.35. . . . . . . . . . -1.78. . . . . . . . . . . 14.79 . . . . . . . . . . 0.84
Adani Enter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3169.75. . . . . . . . . . -2.72. . . . . . . . . . . 96.01 . . . . . . . . . . 0.88
PowerGrid Corp . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 270.30. . . . . . . . . . -2.81. . . . . . . . . . . 15.98 . . . . . . . . . . 1.30
Hindalco. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 582.45. . . . . . . . . . -2.96. . . . . . . . . . . 15.54 . . . . . . . . . . 0.90
Axis Bank. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1046.70. . . . . . . . . . -2.98. . . . . . . . . . . 23.86 . . . . . . . . . . 3.07
TCS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 4120.70. . . . . . . . . . -3.01. . . . . . . . . . . 33.11 . . . . . . . . . . 4.42
Adani Ports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1249.35. . . . . . . . . . -3.72. . . . . . . . . . . 37.33 . . . . . . . . . . 0.97
BPCL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 590.45. . . . . . . . . . -5.21. . . . . . . . . . . . . 4.43 . . . . . . . . . . 0.60
Bajaj Finance . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 6569.15. . . . . . . . . . -5.43. . . . . . . . . . . 29.45 . . . . . . . . . . 1.93
IndusInd Bank. . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1447.15. . . . . . . . . . -5.91. . . . . . . . . . . 12.98 . . . . . . . . . . 1.01
Hero MotoCorp . . . . . . . . . . . . . . . . . . . . . . . . .. . . 4687.50. . . . . . . . . . -6.58. . . . . . . . . . . 28.92 . . . . . . . . . . 0.64
L&T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3299.55. . . . . . . . . . -6.76. . . . . . . . . . . 30.25 . . . . . . . . . . 4.13
Tata Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 137.40. . . . . . . . . . -7.35. . . . . . . . . . . . . 0.00 . . . . . . . . . . 1.20
Hind Unilever . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2385.65. . . . . . . . . . -7.86. . . . . . . . . . . 54.30 . . . . . . . . . . 2.25
ONGC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 257.90. . . . . . . . . . -8.61. . . . . . . . . . . . . 6.32 . . . . . . . . . . 1.06
NTPC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 316.15. . . . . . . . . . -9.51. . . . . . . . . . . 15.55 . . . . . . . . . . 1.59
Kotak Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1709.55. . . . . . . . -11.06. . . . . . . . . . . 19.48 . . . . . . . . . . 2.66
Coal India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 432.80. . . . . . . . -12.20. . . . . . . . . . . . . 9.53 . . . . . . . . . . 1.04
Reliance Ind . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2904.70. . . . . . . . -12.99. . . . . . . . . . . 24.84 . . . . . . . . 10.39
State Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 707.90. . . . . . . . -15.22. . . . . . . . . . . . . 9.56 . . . . . . . . . . 2.87
ITC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 406.85. . . . . . . . -17.52. . . . . . . . . . . 24.40 . . . . . . . . . . 3.81
HDFC Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1390.00. . . . . . . . -23.37. . . . . . . . . . . 17.56 . . . . . . . . 11.05
ICICI Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 996.10. . . . . . . . -23.42. . . . . . . . . . . 15.84 . . . . . . . . . . 7.39
Pts: Impact on index movement
Nifty Next 50 Movers 왔 1,109.20 pts.
Close(₹) Pts
Zyduslifesciences . . . . . . . . . . . . . . . . . . . . . .. . . . . 856.65. . . . . . . . . . 43.40. . . . . . . . . . . 29.59 . . . . . . . . . . 1.28
PE Wt(%)

CMP: ₹617.80 Zomato .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 153.80. . . . . . . . . . 31.95. . . . . . . . . . . . . 0.00 . . . . . . . . . . 2.01

Trent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3802.05. . . . . . . . . . 31.13. . . . . . . . . 166.78 . . . . . . . . . . 4.94
Datamatics Global Services Ltd. reported muted
Gopal Snacks,
two others get
Park Hotels ends 32% revenues at ₹369.30 crore (marginally below
our estimates), down 2 per cent q-o-q and 0.9
₹1680
S1
» Infosys
S2 R1 R2 COMMENT
Varun Beverages . . . . . . . . . . . . . . . . . . . . . .. . . 1389.35. . . . . . . . . . 12.86. . . . . . . . . . . 85.88 . . . . . . . . . . 1.64
Marico . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 525.20. . . . . . . . . . . . 7.83. . . . . . . . . . . 45.70 . . . . . . . . . . 1.60
Pidilitind . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2670.30. . . . . . . . . . . . 6.26. . . . . . . . . . . 78.55 . . . . . . . . . . 2.40
Adani Energy Solutions .. . . . . . . . . . .. . . 1069.45. . . . . . . . . . . . 6.14. . . . . . . . . . . 95.14 . . . . . . . . . . 0.79

nod to float IPO
Press Trust of India
New Delhi
Gopal Snacks Ltd, piping
solutions provider Dee De-
velopment Engineers and
construction firm SRM
Contractors have received
higher on listing day per cent y-o-y. The decline was due to slow
decision-making of large deals in Western
markets. The revenue was broad based across
1660 1635 1695 1715 Go long only above 1695. Keep
the stop-loss at 1690
Adani Total Gas . . . . . . . . . . . . . . . . . . . . . . . .. . . 1025.25. . . . . . . . . . . . 0.57. . . . . . . . . 188.73 . . . . . . . . . . 0.69
Bajaj Holdings. . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 8619.60. . . . . . . . . . -0.87. . . . . . . . . . . 15.98 . . . . . . . . . . 0.92
Adani Wilmar .. . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 338.40. . . . . . . . . . -1.41. . . . . . . . . 518.34 . . . . . . . . . . 0.13
Tvs Motor Cmp . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2035.75. . . . . . . . . . -1.43. . . . . . . . . . . 56.80 . . . . . . . . . . 2.80
segments with Digital Operations segment ₹407 » ITC Proc & Gam . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 16387.20. . . . . . . . . . -2.15. . . . . . . . . . . 70.38 . . . . . . . . . . 0.38
Berger Paints I. . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 551.00. . . . . . . . . . -2.79. . . . . . . . . . . 56.68 . . . . . . . . . . 0.91
growing 4.9 per cent y-o-y. S1 S2 R1 R2 COMMENT Dabur India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 536.55. . . . . . . . . . -5.15. . . . . . . . . . . 53.93 . . . . . . . . . . 1.85
The company reported EBIT of ₹43.70 crore, 402 398 410 412 Go short now and at 409.
Sbicards&Pay . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 712.85. . . . . . . . . . -5.44. . . . . . . . . . . 28.94 . . . . . . . . . . 1.24
Srf . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2286.50. . . . . . . . . . -5.82. . . . . . . . . . . 45.92 . . . . . . . . . . 1.96
significantly down 11.9 per cent q-o-q and 12.9 Stop-loss can be kept at 411 Bosch . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 25237.90. . . . . . . . . . -6.23. . . . . . . . . . . 35.00 . . . . . . . . . . 1.27
per cent y-o-y. Reported consolidated PAT fell Colgate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2515.15. . . . . . . . . . -8.42. . . . . . . . . . . 54.29 . . . . . . . . . . 1.98
Avenuesuper . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3675.60. . . . . . . . . . -9.02. . . . . . . . . . . 98.33 . . . . . . . . . . 1.35
to ₹41.30 crore (-10 per cent y-o-y). The ₹258 » ONGC Muthootfin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1351.20. . . . . . . . . . -9.55. . . . . . . . . . . 13.28 . . . . . . . . . . 0.86
company added 12 new clients in Q3-FY24. It Abb India. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 4428.40. . . . . . . . -10.75. . . . . . . . . 230.07 . . . . . . . . . . 1.38
S1 S2 R1 R2 COMMENT Torrent Pharma . . . . . . . . . . . . . . . . . . . . . . . .. . . 2619.65. . . . . . . . -11.45. . . . . . . . . . . 59.34 . . . . . . . . . . 1.41
has a robust pipeline of $245 million. Havells . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1333.10. . . . . . . . -11.50. . . . . . . . . . . 70.67 . . . . . . . . . . 1.97
Robust pipeline, push towards AI first and 255 250 260 262 Go short now and at 259. United Spirits . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1095.45. . . . . . . . -15.52. . . . . . . . . . . 62.79 . . . . . . . . . . 1.88

SEBI’s go-ahead to raise
funds through initial pub-
lic offering (IPO).
The three companies,
which filed their prelimin-
ary IPO papers with the
markets regulator between
October and November
2023, obtained its observa-
tions during February 7-9,
an update with the Secur-
organisational re-shuffling are identified as the Stop-loss can be placed at 251 Shree Cement . . . . . . . . . . . . . . . . . . . . . . . . . . .. 27265.50. . . . . . . . -16.18. . . . . . . . . . . 43.81 . . . . . . . . . . 2.15
Siemens . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 4218.35. . . . . . . . -17.00. . . . . . . . . . . 76.57 . . . . . . . . . . 2.22
growth drivers. However, given the Adanigreenenergy . . . . . . . . . . . . . . . . . . . .. . . 1842.60. . . . . . . . -19.19. . . . . . . . . 200.33 . . . . . . . . . . 1.65
GOOD STARTER. Ms Priya Paul, Chairperson and Executive macro-environment challenge and delays in ₹2903 » Reliance Ind. Icici Lombard Gic . . . . . . . . . . . . . . . . . . . . . .. . . 1615.30. . . . . . . . -19.65. . . . . . . . . . . 45.25 . . . . . . . . . . 2.44
Intglobeavi . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3063.00. . . . . . . . -20.38. . . . . . . . . . . 16.43 . . . . . . . . . . 2.58
Director, Apeejay Surrendra Park Hotels Ltd, at the listing discretionary spending, it has guided for 4.5-5 S1 S2 R1 R2 COMMENT Lic. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1022.45. . . . . . . . -20.42. . . . . . . . . . . 16.50 . . . . . . . . . . 0.63
ceremony of the company shares. Despite adverse market per cent revenue growth for FY24. Management Piindustries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3403.45. . . . . . . . -21.62. . . . . . . . . . . 34.52 . . . . . . . . . . 1.61
2880 2840 2920 2945 Go short only below 2880. Keep Jindal Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 743.50. . . . . . . . -21.91. . . . . . . . . . . 13.85 . . . . . . . . . . 1.61
condition, the stock closed 31.26 per cent higher at ₹203.45 expects Q4 to be the strongest (11-12 per cent the stop-loss at 2890 I-Prulife . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 504.45. . . . . . . . -21.97. . . . . . . . . . . 79.63 . . . . . . . . . . 1.16
against the IPO price of ₹155. growth) due to cyclicality and is confident on Godrej Consumer. . . . . . . . . . . . . . . . . . . . . .. . . 1199.40. . . . . . . . -24.21. . . . . . . . . . . 68.73 . . . . . . . . . . 2.68
Info Edge I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 5387.20. . . . . . . . -27.20. . . . . . . . . . . . . 0.00 . . . . . . . . . . 2.47
seeing ramp ups from the client who ₹708 » SBI Vedanta . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 268.15. . . . . . . . -27.58. . . . . . . . . . . 11.88 . . . . . . . . . . 2.12
issue price of ₹155. The stock prematurely closed the deal. Cholamandalamin&Fin . . . . . . . . . . . .. . . 1101.55. . . . . . . . -27.80. . . . . . . . . . . 28.81 . . . . . . . . . . 2.62
S1 S2 R1 R2 COMMENT Ambuja Cements . . . . . . . . . . . . . . . . . . . . . .. . . . . 563.50. . . . . . . . -31.01. . . . . . . . . . . 28.14 . . . . . . . . . . 2.44
Press Trust of India listed at ₹186 with a We expect Revenue/EBIT/PAT CAGR of Gail (India) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 168.80. . . . . . . . -38.53. . . . . . . . . . . 13.75 . . . . . . . . . . 2.69
New Delhi premium of 20 per cent on 14.4/19.5/19.2 per cent respectively over 700 695 710 714 Go short now and at 709. Irctc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 900.10. . . . . . . . -39.46. . . . . . . . . . . 67.85 . . . . . . . . . . 1.61

ities and Exchange Board
of India showed on
Monday.
In SEBI’s parlance, re-
ceiving observations from
the regulator means its go-
ahead to float the maiden
Shares of Apeejay Surrendra
Park Hotels, which runs ho-
tels under the 'The Park'
brand, climbed 32 per cent to
close at ₹205 on its debut
the NSE. During the day, it
hit an intra-day high of
₹223.20.
On the BSE, the shares of
Park Hotels ended 31.26 per
cent higher at ₹203.45
The IPO was subscribed
FY23-FY26. We maintain Add to arrive at a Stop-loss can be kept at 711 Samvardmothersoninternatl . . .. . . . . 114.40. . . . . . . . -54.00. . . . . . . . . . . 36.19 . . . . . . . . . . 1.60
Bank Of Baroda. . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 254.70. . . . . . . . -54.45. . . . . . . . . . . . . 6.92 . . . . . . . . . . 2.80
target price of ₹760 implying a P/E of 14x on Punjab Natl Bank . . . . . . . . . . . . . . . . . . . . . .. . . . . 118.25. . . . . . . . -55.83. . . . . . . . . . . 16.97 . . . . . . . . . . 2.07
FY26 EPS of ₹54. ₹4119 » TCS Canara Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 545.75. . . . . . . . -56.33. . . . . . . . . . . . . 6.70 . . . . . . . . . . 2.16
Dlf . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 807.60. . . . . . . . -57.33. . . . . . . . . . . 84.23 . . . . . . . . . . 3.07
S1 S2 R1 R2 COMMENT Shriram Finance . . . . . . . . . . . . . . . . . . . . . . .. . . 2262.25. . . . . . . . -66.36. . . . . . . . . . . 12.75 . . . . . . . . . . 3.71
Bharat Elec. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 174.65. . . . . . . . -71.43. . . . . . . . . . . 35.75 . . . . . . . . . . 3.69
4100 4070 4160 4185 Go short on a break below 4100. Hindustanaeronautics . . . . . . . . . . . . . .. . . 2846.05. . . . . . . . -74.25. . . . . . . . . . . 31.53 . . . . . . . . . . 3.14
businessline is not responsible for the recommendations Indian Oilcorp . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 175.40. . . . . . . . -86.64. . . . . . . . . . . . . 5.11 . . . . . . . . . . 3.80
Stop-loss can be kept at 4110
sourced from third party brokerages. Reports may be sent Tata Power . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 361.70. . . . . . -171.11. . . . . . . . . . . 27.85 . . . . . . . . . . 3.61

public issue. trade on Monday against the 59.66 times. to: blmarketwatch@gmail.com S1, S2: Support 1 & 2; R1, R2: Resistance 1 & 2. Pts: Impact on index movement

CM
YK ... . . . . . .

CHENNAI
businessline.
TUESDAY - FEBRUARY 13 - 2024
QUICKLY.
Global carbon markets
value hit $949 b last year
London: The value of traded global
markets for carbon dioxide (CO2)
permits reached a record €881
billion ($948.75 billion) in 2023,
analysts at LSEG said. Many
countries have launched
emissions trading systems to put a
price on CO2 emissions and
incentivise companies to invest in
low carbon technology and help
meet climate targets. Around 12.5
billion tonnes tons of carbon
permits changed hands in the
world’s emission markets, similar
to 2022, but record prices in
Europe and North America
pushed up the overall value, the
LSEG Carbon Market Year in
Review 2023 said. REUTERS
Drugmaker Gilead to buy
CymaBay for $4.3 billion
e2085190
Gilead Sciences on Monday
said it will acquire CymaBay
Therapeutics for $4.3 billion, to
expand its portfolio of liver
disease drugs. The deal will give
Gilead access to CymaBay's
lead drug candidate called
seladelpar for the treatment of
primary biliary cholangitis, a
type of chronic inflammatory
liver disease. CymaBay had
submitted a marketing
application to the USFDA for
the drug in December. REUTERS
Apple leads India tablet PC
market with 25% share in 2023
Press Trust of India
New Delhi
Apple led the India tablet PC
market in 2023 as well as in the
December quarter with a 25
per cent share notwithstand-
ing a decline in its shipments,
according to a report.
Samsung was at the second
spot with a 23 per cent market
share in 2023, market research
firm CyberMedia Research
said on Monday.
“In CY (in calendar year)
2023, Apple led the tablet mar-
ket with a 25 per cent market
share, followed by Samsung at
23 per cent in CY 2023,” Cy-
berMedia Research (CMR) In-
dia Quarterly Tablet PC Mar-
ket Review report said.
Apple tablet PC shipments
declined by 17 per cent on a
CM
YK
Israel frees 2 hostages; Gaza
officials say strikes killed 70
NO LET-UP. Only continued military pressure will lead to release of all hostages: Netanyahu
Reuters
Doha/Jerusalem
An Israeli rescue operation
freed two Israeli-Argentine
hostages held by Hamas milit-
ants in Rafah on Monday, but
supporting airstrikes killed
nearly 70 Palestinians in the
southern Gaza city where
about one million displaced ci-
vilians have sought refuge
from months of
bombardments.
The mission by the Israeli
military, the Shin Bet security
service and a special police
unit freed Fernando Simon
Marman, 60, and Louis Hare,
70, the military said. They
were among 250 people seized
during the October 7 raid by
Hamas militants that
triggered Israel’s war on Gaza.
More than four months on,
much of the densely-popu-
lated strip of land on the Medi-
terranean is in ruins, with
28,340 Palestinians dead and
67,984 wounded, according to
Gaza health officials, with
many others believed to be
buried under rubble.
RESCUE ACT
The Israeli military says 31
hostages have died in that
time, but Prime Minister Ben-
jamin Netanyahu said
Monday’s rescue showed that
military pressure should con-
tinue and he brushed aside in-
ternational alarm at its plans
for a ground assault on Rafah.
“Fernando and Louis, wel-
come home,” he said, saluting
the Israeli forces who rescued
year-over-year (YoY) basis.
Lenovo occupied the second
slot in the December quarter
with a 24 per cent market
share even as its shipments de-
clined by 3 per cent. Samsung
tablet PC shipments grew by
36 per cent on YoY basis, the
report stated.
CONSUMER DEMAND
“There is a rising consumer
demand for diverse tablet op-
tions in India, including
premium, 5G and value-for-
money tablet offerings. This
REUNITED. Fernando Simon Marman and Louis Hare, two Israeli hostages who, according to the
Israeli military, were freed in a special forces operation in Rafah, Gaza REUTERS
them. “Only continued milit-
ary pressure, until total vic-
tory, will bring about the re-
lease of all of our hostages.”
The Gaza health ministry
said 67 Palestinians had been
killed overnight and the num-
ber could rise as rescue opera-
tions were under way.
A Reuters journalist at the
scene saw a vast area of rubble
where buildings, including a
mosque, had been destroyed.
An Israeli military spokes-
man said the hostages were be-
ing held on the second floor of
a building that was breached
with explosives during the raid
growth is particularly notice-
able in the B2B sector and on-
line purchases,” CMR, Analyst
– Industry Intelligence Group
(IIG), Menka Kumari said.
The market witnessed a ro-
bust 21 per cent quarter-on-
quarter (QoQ) growth in Q4
2023, driven by strong de-
mand for 5G tablets. “5G tab-
let shipments soared by 43 per
cent YoY, accounting for a sig-
nificant share of the market.
Wi-Fi tablets also performed
well, recording a 13 per cent
YoY increase and claiming 52
per cent of overall shipments,”
the report said.
The premium tablet seg-
ment, priced between
₹20,000-30,000 apiece experi-
enced a 95 per cent QoQ jump,
indicating a clear shift towards
high-end devices, the report
said.
amid heavy exchanges of gun-
fire with surrounding build-
ings.
The Argentine government
thanked Israel for the rescue of
the two men, who it said were
dual nationals. Video footage
showed them hugging relat-
ives in Israel’s Sheba hospital,
looking frail but relieved.
‘LAST PRAYERS’
Israel’s military said airstrikes
had coincided with the raid to
allow its forces to be extracted.
Hassouna, displaced with
his relatives from northern
Gaza, said they were killed at
least 4 km from the military
operation. Israeli government
spokesperson Eylon Levy said
Israel was fighting to prevent
“extremism and terrorism
from spiralling further in
Europe” and expected its allies
to stand by it.
US President Joe Biden said
Israel needs a credible evacu-
ation plan. Israel’s Levy called
on UN aid agencies to help.
“Work with us to find a
way,” he said.
An Israeli official has said
people will be evacuated fur-
ther north, but its forces are
also active in central Gaza.
Imran Khan’s party rules out
joining any coalition govt in Pak
Press Trust of India
Islamabad
Imran Khan’s Pakistan
Tehreek-e-Insaf party will not
join hands with rival PML-N or
the PPP to form a coalition gov-
ernment and would sit in the
opposition despite having a
majority in the newly elected
Parliament, party leader Bar-
rister Gohar Ali Khan has said.
Independent candidates,
mostly affiliated with Khan's
PTI, secured the most parlia-
mentary seats in last week’s
general election. However, PTI
does not have enough seats in
the 266-member National As-
sembly to form a government
on its own.
“We don’t feel comfortable
with both (Pakistan Muslim
League-Nawaz and Pakistan
Peoples Party) of them. There
will be no talks with anyone to
make a government or to make
a government together with
them. It is better to sit in the op-
position than to make a govern-
ment [with them], but we think
we have the majority,” Gohar
Khan told Dawn News.
SEATS SECURED
The Election Commission of
Pakistan has announced that
independent candidates, a ma-
jority of them supported by the
PTI secured 101 seats, followed
by Pakistan Muslim League-
Nawaz (PML-N) with 75 seats,
Pakistan Peoples Party (PPP)
getting 54 seats, and Muttahida
Qaumi Movement-Pakistan
(MQM-P) bagging 17 seats.
news . bl . 9
Imran Khan
Other parties got 17 seats while
the result of one constituency
was withheld.
Though the PTI initially
claimed to form the govern-
ment but its chances looked
grim from the beginning as at
least 169 seats, in the house of
336, were needed to form the
government.
A total of 266 seats are dir-
ectly contested while 60 wo-
men-reserved seats and 10
minority seats are allocated
based on proportional repres-
entation to the winning parties.
As PTI was not allowed to
contest as a single party with a
common symbol, it was not
qualified to get the reserved
seats.
The party hence decided to
sit on the opposition benches,
leaving the field open for
PML-N and PPP as well as oth-
ers to form a coalition, Gohar
said, adding that the PTI would
form a strong opposition.
Gohar also called out all
those politicians who switched
loyalties in the past, saying they
had been rejected outright by
the people in the February 8
elections. He said the party was
looking into the matter of the
PTI-backed independent
Waseem Qadir joining the
PML-N led by former prime
minister Nawaz Sharif.
“The rest of the independent
candidates are in touch with us
and will stay with us,” he
asserted.
IMRAN’S INSTRUCTIONS
He said that party founder and
former premier Imran Khan
had given instructions to form
governments in the Centre,
Khyber Pakhtunkhwa, and
Punjab provinces.
“We will not remain outside
or sit outside the assemblies.
We have to sit in Parliament
and find solutions to all prob-
lems there,” he said, ostensibly
a veiled reference to the party’s
2014 sit-in outside Parliament
as well as their decision to dis-
solve the Khyber Pakhtunkhwa
and Punjab assemblies in 2023
to force snap polls.
Meanwhile, talks began
between the two major parties
for a coalition government
soon after the results became
e2085190
available.
Sources said that so far sev-
eral open and behind-the-
doors meetings have been held
between the leaders of PML-N
and PPP and other parties.
“The main hurdle is who will
lead the government as both
parties are pushing forward
their candidates but after a lot
of discussion, some sort of
middle ground may emerge,”
according to a leader of the
PML-N.
... . . . . . .
 10 . bl . commodities.agri.business
QUICKLY.
Raw sugar futures ease
on energy market woes
London: March raw sugar fell 0.5
per cent to 23.91 cents per lb by
1252 GMT. Dealers said weaker
oil prices exerted some
downward pressure on the sugar
market, increasing the incentive
to use cane to make the
sweetener rather than biofuel
ethanol. The market was
underpinned, however, by
concerns that dry weather may
curb production in Brazil during
the 2024/25 season. REUTERS
Robusta, arabica coffee
slip by more than 1%
London: May robusta coffee fell
1.2 per cent to $3,179 a tonne.
Dealers said the market was
still consolidating after rising
sharply during January with
prices underpinned by tight
e2085190
supplies in Europe. May arabica
coffee fell 1.6 per cent to
$1.8625 per lb. REUTERS
Copper climbs as markets
await US inflation numbers
London: Copper prices rose in
muted trade on Monday as traders
and funds cut short positions
betting on lower prices as the
market awaited US inflation data
that could indicate when the
Federal Reserve might cut interest
rates. Benchmark copper on the
LME traded up 0.3 per cent at
$8,190 a tonne in official rings.
Price of the metal hit three-month
low of $8,127 last week on
concern over demand prospects
in top consumer China. REUTERS
Edible oil import down 23% in Soyameal export projections cut by Go short in natural gas,
first 3 months of current oil year a fifth to 14 lt on weak global prices add more on rise to ₹151
Our Bureau
Mangaluru
While edible oil imports de-
clined by 23 per cent during
the first quarter of the oil year
2023-24 (November-Octo-
ber), the Solvent Extractors’
Association of India (SEA) has
indicated that prices of edible
oils may go up this year on
lower production, global eco-
nomic issues and supply con-
straints. Data compiled by
SEA showed that India impor-
ted 36.47 lakh tonnes (lt) of
edible oil during November
2023-January 2024 against
47.46 lt in the corresponding
period a year ago, recording a
decline of 23 per cent.
Palm oil imports decreased
to 25.46 lt from 30.84 lt , down
by 17 per cent. Import of soft
oil decreased to 11.01 lt from
16.61 lt, down by 32 per cent.
However, the share of palm
oil imports in the total edible
oil imports increased to 70 per
cent (65% a year ago), and soft
‘Climate change bringing multi-fold challenges in agri sector’ Sugarcane yield in western UP
Subramani Ra Mancombu
Chennai
Climate change is causing
multi-fold challenges in the
agriculture sector with the
primary ones being changing
weather conditions and the
land availability in the future,
says Gurmukh Roopra, CEO,
Namdhari’s Group. “As cli-
mate changes, weather pat-
terns keep changing. We are
predominantly an open-field,
rain-dependent country. So a
lot of our agriculture is de-
pendent on rain patterns and
climate change. So the rains
get delayed, sowing patterns
change and that will affect the
time at which the crop will be
going to the soil. This will af-
fect the whole ecosystem,” he
told businessline in an online
interaction.
The country experienced
“significant heat” in early part
CM
YK
Rajasthan to offer ₹125/quintal
bonus for wheat procurement
ACCORDING TO PLAN. Payment above MSP in sync with the Centre’s policy, say officials
Prabhudatta Mishra
New Delhi
The Centre does not see a
problem in Rajasthan after
the State announced a bonus
of ₹125/quintal on wheat
procurement over and above
the MSP of ₹2,275/quintal as
the its purchase is likely to be
lower than the actual re-
quirement for the public dis-
tribution system.
While the Rajasthan gov-
ernment needs 27 lakh
tonnes (lt) of wheat annually
to distribute among the be-
neficiaries under the Na-
tional Food Security Act
(NFSA), the State Govern-
ment is likely to buy about 20
lt under the procurement
plan, official sources said.
PM-KISAN TOP-UP
As promised before the As-
sembly poll by the BJP, the
Rajasthan government last
week announced a purchase
price of wheat at ₹2,400 per
quintal for the next season
starting April 1.
It also announced a top-up
of ₹2,000 to farmers under
the Centre’s flagship scheme
PM-KISAN scheme over and
Central team visits Nashik to address concerns of onion farmers
Our Bureau
Pune
Ahead of the farmers’
march to the national cap-
ital on February 13, the
Centre is actively working
to address concerns among
onion farmers in Maha-
rashtra and to prevent any
potential scarcity or price
fluctuations ahead of the
Lok Sabha polls.
A team from the Depart-
Palm oil imports decreased to
25.46 lt from 30.84 lt in Q1 of
the oil year 2022-23
oils share reduced to 30 per
cent (35%). During the review
period, 6.67 lt of refined oil
(RBD palmolein) were impor-
ted (6.32 lt).
However, 29.80 lt of crude
edible oils were imported
(41.13 lt), down by 28 per cent.
The share of refined oils (RBD
palmolein) increased to 18 per
cent (13 per cent). The share
of crude edible oils declined to
82 per cent (87 per cent). BV
Mehta, Executive Director of
SEA, said prices of edible oils,
which are currently low, may
Water scarcity is one
issue; we are seeing
rapid depletion of
water tables...
GURMUKH ROOPRA
CEO, Namdhari’s Group
of 2022 and it affected wheat
harvest, which resulted in 15-
20 per cent lower yield. Rains
were delayed later that year
and due to rainfall during har-
vest, farmers’ cost on pesti-
cides increased and crop man-
agement costs increased.
HITTING BIODIVERSITY
Despite that, the yield was less.
“Now, you know these are
real-life challenges that cli-
mate change is bringing to-
LOW OFFTAKE. While the Rajasthan government needs 27 lt of wheat annually for distribution to
the beneficiaries under the NFSA, the State is likely to buy about 20 lt under the procurement plan ANI
above ₹6,000/year paid now.
In 2014, the Centre had is-
sued an order prohibiting
States from announcing bo-
nus over and above the MSP
at which it purchased wheat
and paddy from farmers.
However, it stipulated that if
any State announces the bo-
nus, the procurement of the
Centre would be limited to
the actual requirement of the
State for a year.
In 2023-24, the Centre
had procured 4.38 lt of wheat
from Rajasthan against 0.1 lt
in 2022-23. Due to lower pro-
duction and crop damage,
ment of Agriculture and
Farmers Welfare recently
visited Nashik to engage
with onion growers and as-
sess the status of cultiva-
tion.
They gathered data on
rabi cultivation, projected
production, as well as es-
timates regarding delayed
kharif production and ar-
rivals at major Agriculture
Produce Market Commit-
tees (APMC).
This visit follows a
go up this year on lower pro-
duction, global economic is-
sues and supply constraints.
SUPPLIES DROP
Stating that the availability of
palm oil for edible oil require-
ments has come down as the
Malaysia and Indonesia, are
diverting it for the production
of biodiesel, he said this could
result in an hike in prices this
year.
World production of palm
oil could be seasonally low in
January-March 2024, enfor-
cing a reduction of stocks both
in production and importing
countries. Quoting Oilworld,
he said soyabean oil market is
currently in transition from
shortage to more ample sup-
plies, and the latter primarily
reflecting the prospective
sharp increase of Argentine
export supplies. “In India,
sunflower oil imports are seen
diminishing this season owing
to shrinking total import re-
quirements and soya oil re-
gaining market share,” he said.
wards agriculture in the agri-
culture community,” Roopra
said.
The changing weather con-
ditions affect not only the har-
vest patterns but also the
whole biodiversity of the eco-
system. “If suddenly it’s so hot
in certain parts, how does your
bee activity work? How do
your viruses work? How does
insect pressure work? All that
changes,” he said.
The CEO of the Namdhari’s
open market prices of wheat
ruled higher in the last two
years resulting in lower than
targeted procurement by the
Centre across the country.
However, in 2021-22, there
was a record wheat procure-
ment and the Centre bought
23.4 lt from Rajasthan.
TRADERS’ STRATEGY
After the announcement of
bonus, private traders and
millers expressed confidence
that the government will
continue to release wheat
under open market sale
scheme as it will be a disad-
UNHAPPY. Farmers have voiced dissatisfaction over
government policies, particularly regarding export restrictions
period of unrest among
onion farmers in Nashik,
Vishwanath Kulkarni
Bengaluru
As the Indian soyameal gets
out-priced in the world mar-
ket on falling prices, the trade
has revised its export projec-
tion downwards by over a
fifth for the oil year 2023-24
ending September. “The pro-
spects for export of soyabean
meal in the remaining period
of this marketing year look
slightly pessimistic as we are
out-priced in the interna-
tional market. We have,
therefore, reduced the pro-
jected export of soyameal
from 18 lakh tonnes (lt) to 14
lt for the period,” said D N
Pathak, executive director,
Soyabean Processors Associ-
ation of India (SOPA).
Indian soyameal prices are
expensive by $80-100 per
tonne on FOB basis com-
pared to other origins. As a
result of the price differen-
tial, the order books have
been impacted, Pathak said.
Group said the number of
people that India needs to feed
“is going to increase” by 20 per
cent-30 per cent. “Are we talk-
ing about that much plus more
consumption and being able to
feed that many people, that’s
another challenge. So, our
view as an organisation from
an agriculture point of view is
that a few things are very im-
portant,” he said.
These important things are
a policy or an ecosystem that
encourages significant invest-
ment in modern research and
science. “Without these solu-
tions, being able to address the
challenges of the future are go-
ing to be very tough,” Roopra
said.
NEED INCENTIVES
For biotechnology advance-
ments, it is important for com-
panies in the sector to get in-
centives to deploy more of
their turnover and use their re-
vantage for them to match
the government rate if open
market rates in other States
rule around MSP.
“We will wait to see how
the market rates are this year
as a good crop will not allow
prices to flare up. But, in case
there is yield drop and pro-
duction goes down, rates
may even go up above
₹2,400/quintal as seen in the
past,” said a flour miller.
Once the government pro-
curement stops, the market
price may come to normal
level and traders will take a
call at that time, he said.
home to Asia’s largest
onion market.
As a result of weak demand,
the soyameal crushing has
been sluggish and lower than
last year
However, soyameal exports
have been marginally higher
during the October-January
2023-24 period at 6.09 lt com-
pared with 5.68 lt in the same
period last year. The demand,
however, has been weak in
the domestic market as the
off-take from both food and
feed sector has been lower
than last year.
OFFTAKE DOWN
Feed sector consumption of
soyameal stood at 24 lt during
sources to develop better tech-
nology. This will help them to
provide advanced products to
the farmer and tackle the
multi-fold challenges.
Stating that climate change
is an “ongoing challenge”,
Roopra said, “We are seeing
water scarcity as being one is-
sue, we are seeing rapid deple-
tion of water tables, we are also
seeing that farmers are in
some cases adopting more
protected cultivation.”
Namdhari’s, in particular, is
working on developing variet-
ies which can be grown under
protected cultivation. The
company is also working on
developing new varieties and
conducting research on a
number of challenges that
farmers face at the ground
level. Some of these include
the black thrips menace and
leaf curl virus. The company
has upcoming tomato variet-
ies which are virus-resistant.
Centre says no concern over chana;
warns against speculation in tur, urad
Our Bureau
Bengaluru
Maintaining that there’s no
concern over the availability
of chana, the Government has
warned the pulses trade of
tough action if there’s any un-
due or unreasonable price
rise in tur and urad in the days
ahead.
Rohit Kumar Singh, Secret-
ary, Ministry of Consumer Af-
fairs, said there is no issue on
the availability of chana if we
consider production and buf-
fer stocks. Some sections are
trying to portray that there’s
going to be shortage of chana,
which is wrong, he said.
“Don’t be under the im-
pression that there will be a
chana shortage. There is
enough chana produced and
enough buffer stock available.
There is no reason for con-
cern on the chana front,”
Singh told a webinar organ-
ised by the India Pulses and
Grains Association (IPGA) on
the outlook for rabi pulses for
the 2023-24 season.
Rabi season accounts for
about 65 per cent of the
pulses output, largely driven
by chana. In the past five
years, the average seeding
during rabi is 160 lakh hec-
tares (lh) of which chana area
is around 105 lh.
“This year also sowing is
Farmers have voiced dis-
satisfaction with govern-
ment policies, particularly
regarding export restric-
tions and procurement
practices by bodies such as
Nafed and NCCF.
MONITORS SITUATIONS
Bharati Pawar, Union Min-
ister of State for Health
and Family Welfare and
Tribal Affairs, representing
the Dindori Lok Sabha
constituency in Nashik,
October-January compared
with 25 lt in the same period
last year. Similarly, offtake
from food sector was down at
3 lt during the period over 4 lt
in the same period last year.
As a result of weak de-
mand, the soyameal crushing
has been sluggish and lower
than last year. Soyameal
crushing in October-January
period was down at 42.5 lt
compared with 45.5 lt in the
same period last year. How-
ever, market arrivals have
been higher during the period
at 62 lt over 61 lt during the
same period last year. Pro-
duction of soyameal was
lower at 33.54 lt (36.32 lt).
Due to the weaker crushing
demand soyabean prices have
slipped below the minimum
support price levels of ₹4,600
per quintal. The modal price
(the rate at which most
trades take place) of soya-
bean across various mandis
of Madhya Pradesh was
₹3,800-4,580 per quintal on
Monday.
down by 5-10%, says ISMA
Our Bureau
New Delhi
Indian Sugar & Bio-energy
Manufacturers Association
(ISMA) has said sugarcane
yield in western Uttar Pra-
desh, which has a share of 32-
34 per cent in the State’s total
sugar production, is re-
portedly lower by 5-10 per
cent this season (Octo-
ber2023-September 2024).
In a statement sent to busi-
nessline, ISMA also said the
yield is 10-13 per cent lower in
only a few districts. It attrib-
uted the lower yield in the
western region to water log-
ging and red rot infestation.
The association of private
sugar mills said cane yield in
central UP is almost similar or
slightly lower than last year
DIP IN AREA. There has
been a drop in the urad
acreage by10-11 %
same as the five-year aver-
age,” he said.
GOOD SUPPLIES
Chana has been planted on
104.74 lh this year, higher
than the normal area of
100.92 lh, but lower than last
year’s 110.71 lh. Masur has
been sown on 19.6 lh, an in-
crease of around 13-14 per
cent. Masur production is
around 13-14 lakh tonnes (lt),
while consumption is 20-22
lt. “This year, our masur pro-
duction is higher and also
there is good availability in
the international market in
Australia, Canada and other
producing regions,” Singh
said, adding that there was no
concern on the masur front.
In case of urad, there has
been a dip in the acreage of
10-11 per cent and the gap in
demand-supply is about 7.5-
has been closely monitor-
ing developments within
onion farmers’ organisa-
tions. She has been actively
communicating with farm-
ers to address their con-
cerns and has assured
them of the government’s
commitment to support
them.
“Nafed and NCCF an-
nounced plans to procure
two lakh tonnes of onion
to assist farmers. However,
the procurement process is
Gurumurthy K
bl. research bureau
Natural gas prices have been
under pressure since the be-
ginning of this month. The
price has tumbled over 28 per
cent in the last two weeks. The
Natural Gas futures contract
trading on the MCX has de-
clined sharply by about 15 per
cent so far this month. It is cur-
rently trading at 151 per
mmBtu.
The outlook is bearish. The
MCX Natural Gas futures con-
tract has strong resistances at
₹162 and then at ₹168. Any in-
termediate bounce is likely to
be capped at ₹162 or ₹168. The
Natural Gas contract can fall
to ₹115-112 over the next one-
two months, or even earlier
than that. The region between
₹115 and ₹112 is a strong long-
term support. We can expect
the contract to see a fresh rise
from this ₹115-112 support
zone. That leg of the rally may
have the potential to take the
Natural Gas futures contract
while it is better from last year
in eastern UP. Sugarcane area
has increased by around 1 per
cent in UP, as per satellite map-
ping data conducted by it, said
ISMA.
SUGAR RECOVERY
ISMA said sugar recovery is
better in all the three regions
of UP which will increase sugar
output from the State. “Ac-
cording to our second advance
estimates, 120 lakh tonnes (lt)
are expected to be produced in
2023-24 sugar season, against
119 lt produced during 2022-
23 SS (before diversion),” it
said.
According to ISMA, the
single variety CO-0238 covers
about 70 per cent of cane area
in western UP and about 60
per cent in whole of UP. Point-
ing out the low productivity in
CHENNAI
businessline.
TUESDAY - FEBRUARY 13 - 2024
7.8 lt. The urad crop in Myan-
mar is good at over 8.5 lt. “All
our imports are from Myan-
mar. While it is good on the
one hand, there is concern on
the other. To mitigate the
risks, we are in talks with
Brazil and other producing
countries” he said. Imports
from Brazil have been to the
tune of 3,000 tonnes.
Singh further said India
faces issues with Myanmar in
case of tur also. “If this specu-
lation continues, and if the
prices of tur rise for undue
reasons, we may have to take
tough decisions over the next
2-4 days like we may make it
compulsory that only the gov-
ernment imports,” Singh
warned. “We have been ob-
serving the prices in the past
15 days. I warn you that if
speculation continues in tur
and urad, which is undue and
unnecessary and which has
no relationship to the de-
mand and supply, we are go-
ing to be very tough,” Singh
said.
The government has been
purchasing tur from the mar-
e2085190
ket above MSP. “Already we
have purchased some 300
tonnes,” he said. Further, the
government is trying to come
up with the estimates on the
pulses demand-supply, Singh
said, adding that the scope for
technology and innovation is
very high in pulses.
flawed. We have demanded
that instead of procure-
ment, the government
should directly com-
pensate farmers at a rate of
₹30 per kg for onions,” said
Bharat Dighole, President
of the Maharashtra State
Onion Producers
Organisation.
Farmers allege that the
majority are unaware of
the procurement centres,
further exacerbating their
grievances.
up towards ₹200 again over
the long-term.
Considering the room to
fall more from current levels, a
positional trade with a time-
frame of one month can be
taken at the moment. We sug-
gest the following trades for
high-risk appetite traders only.
Traders can go short now.
Accumulate on a rise at ₹151.
Keep a stop-loss at ₹169. Trail
the stop-loss down to ₹146 as
soon as the contract falls to
₹134. Move the stop-loss fur-
ther down to 130 when the
Natural Gas futures price
touches ₹122 on the down-
side. Exit the shorts at ₹115.
some areas of western UP as
due to adverse climatic condi-
tions and red rot disease in the
CO-0238 variety, ISMA said
“good varieties are available to
sustain productivity.”
Terming CO-0238 as a won-
der variety of sugarcane, which
proved itself in the past, it said
that use of mixed seed and
seed received from unreliable
sources is another reason for
spread of red rot infestation.
“CO-0238 cane variety got
affected by red rot infestation
from waterlogged areas of
eastern UP and year after year
it spread throughout the
State,” ISMA said. Climatic
conditions like wet-humid
conditions help to spread the
red rot in the region where the
crop seems good and healthy
during early growth stages, it
said.
... . . . . . .

CHENNAI
businessline.
TUESDAY - FEBRUARY 13 - 2024
QUICKLY.
Court seeks ₹100-cr bond
for release of ‘cocaine ship’
Paradip (Odisha): A court in
Odisha’s Jagatsinghpur district
on Monday laid stringent
conditions, including a bond of
₹100 crore along with a bank
guarantee of ₹10 crore, for the
release of cargo ship MV Devi,
from which cocaine worth ₹220
crore was seized in December
last year, lawyers said. The
conditions were laid by the NDPS
court in Kujang while hearing the
case of the seizure of 20 packets
of cocaine from the ship at
Paradip International Cargo
Terminal (PICT) berth. PTI
SC to hear AP govt’s plea
against Naidu’s bail on Feb 26
New Delhi: The Supreme Court
fixed for February 26 the hearing
of the Andhra Pradesh
government’s plea against a High
Court order granting regular bail
to TDP chief N Chandrababu
Naidu in the skill development
corporation scam case. A bench of
Justices Bela M Trivedi and Pankaj
Mithal adjourned the hearing after
e2085190
senior advocate Siddharth Luthra
informed that senior advocate
Harish Salve would be arguing the
matter but he is unavailable. PTI
BJP, Cong finalise RS candidates; TMC nominates woman leaders
Our Bureau
New Delhi
With the last date of filling
nominations for 56 Rajya
Sabha seats ending on Febru-
ary 8, the BJP and the Con-
gress are holding parleys to
release the final list of can-
didates for elections from
the 15 States to the Upper
House slated for February 27.
On February 11, the BJP
made public the names of 14
candidates, dropping all
union ministers who are Ra-
jya Sabha members which in-
dicated that they either have
to contest Lok Sabha polls or
will be asked to work for the
party. Union Ministers Man-
sukh Mandaviya and
Parshottam Rupala from Gu-
jarat, Union Ministers Dhar-
mendra Pradhan and L Mur-
ugan, both of whom
SC issues notice to Centre on anti-profiteering provision under GST Six of 9 UDAN airports in
Shishir Sinha
New Delhi
The Supreme Court issued
notices to the Central govern-
ment, the GST Council, the
Central Board of Indirect
Taxes and Customs and oth-
ers in a case relating to the
constitutional validity of anti-
profiteering provisions under
the goods and services tax
(GST). A bench of Chief
Justice DY Chandrachud, with
Justices JB Pardiwala and
Manoj Misra, did not grant the
prayer for a stay.
The SC notices were in re-
sponse to a plea challenging
the Delhi High Court judge-
ment, which had upheld the
validity of a provision of the
Central Goods and Services
Tax (CGST) Act mandating
that whatever companies save
‘100% increase in medical seats, but supply still short of demand’
Abhishek Law
New Delhi
Despite an over 100 per cent in-
crease over the last 10 years, un-
dergraduate and postgraduate
medical seats in India continue
to be in short supply. The an-
nual influx is approximately 2
million (medical students) at
the undergraduate level and
only one-twentieth (1/20) of
the seats are available across
colleges. The number of avail-
able seats at PG level is further
less than the demand, a report
by the Parliamentary Standing
Committee on Health and
Family Welfare noted.
As per the Centre’s estim-
ates, there are 702 medical col-
leges in the country in FY24, up
by 81 per cent from 387 in 2013-
14. While the number of seats
for an undergraduate course
(MBBS) stood at 1,08,990 for
the fiscal, up 110 per cent from
2014, when it was 51,348. The
postgraduate seats increased to
68,073, up 118 per cent in10
years. In the 2013-14 period, it
was 31,185.
The latest data by the Na-
CM
YK
‘Hospitality, tourism sectors set
to generate 58.2 m jobs by 2033’
HARNESSING THE POTENTIAL. Industry experts seek govt support, infra status
Our Bureau
New Delhi
The hospitality and tourism
sectors in India are anticip-
ated to generate 58.2 million
jobs by 2033, according to in-
sights shared during the sixth
HAI 2024 Conclave. Industry
leaders said it was important
to have government support
and infrastructure status to
harness the full employment
potential in the sectors.
The Hotels’ Association of
India (HAI) projected the cre-
ation of 5 million direct and
indirect jobs in the next 5-7
years, emphasising the need
for governmental backing for
comprehensive industry and
infrastructure status at the
State-level.
HAI President Puneet Ch-
hatwal, who is also the MD/
CEO of Indian Hotels Com-
pany Ltd, stressed that grant-
ing infrastructure status to
the hospitality sector could
attract investments not only
for accommodation but also
represent Madhya Pradesh,
Rajeev Chandrasekhar from
Karnataka and Union Minis-
ter Narayan Rane from Ma-
harashtra are among those
retiring from the House as
members. However, the BJP
still has to finalise candidates
from key States including
Gujarat, Madhya Pradesh
and Maharashtra.
UNDER PROCESS
Similarly, the Congress is
also in the process of final-
ising the names of ten can-
didates from states like Bi-
har, Maharashtra, Madhya
Pradesh, Rajasthan, Hi-
machal Pradesh, Telangana
and Karnataka where the
party feels has enough votes
to catapult their leaders into
Rajya Sabha. Some of the
prominent opposition party
leaders eying Rajya Sabha
in tax they must reduce in
price. The High Court had, on
January 29, upheld the consti-
tutional validity of Section 171
of the CGST Act, 2017 which
mandates that whatever the
companies save in tax they
must reduce in price.
The High Court had said
that the anti-profiteering pro-
visions in the 2017 law and the
related rules are like beneficial
legislation as they promote
consumer welfare. With this,
orders pronounced by the
IN POOR HEALTH. A recent assessment of 246 medical colleges
in 2022-23 by the UG Medical Education Board, revealed no medical
college had adequate faculty members or senior residents and all
failed to meet the 50 per cent attendance requirement
tional Testing Agency show
20,87,462 candidates are re-
gistered for the exam this year,
out of which 20,38,596 candid-
ates appeared and 11,45,976
candidates cleared the NEET
UG examination.
PRIVATE INVESTMENTS
“The government’s existing
scheme, which focuses on the
establishment of new medical
colleges attached to district or
referral hospitals, can be instru-
mental in achieving this goal,”
the report said, adding: “By ex-
UNEXPLORED SEGMENT. The global tourism economy is
valued at $5 trillion, with India’s share at less than 2 per cent ANI
for substantial income and
employment generation.
He pointed out the existing
gap between recognising
tourism as a crucial develop-
ment pillar, contributing 10
per cent to employment and 8
per cent to GDP and the ac-
tual implementation of
policies. He said “there is of-
ten a gap between this realisa-
tion and the actual policy
implementation.”
HAI Vice-President K B Ka-
chru highlighted a notable 271
slots are Congress treasurer
Ajay Maken, spokesperson
Pawan Khera, former Union
Minister Bhanwar Jitendra
Singh, Arun Yadav and emin-
ent lawyer Abhishek Mani
Singhvi.
Trinamool Congress
party, too, has announced a
list dominated by women
leaders: re-nominating Sush-
mita Dev and Nadimul
Haque and offering the
maiden chance to journalist
Sagarika Ghose and Mamata
Bala Thakur, who had won
erstwhile National Anti-Prof-
iteering Authority (NAA)
would continue to have valid-
ity.
BIG SETBACK
The order was a setback to
around 100 companies includ-
ing Hindustan Unilever,
Nestle, Reckitt Benckiser and
others, Aggrieved by the rul-
ing, Excel Rasayan filed a Spe-
cial Leave Petition (SLP) in
the Apex Court.
Section 171 of the CGST
Act deals with anti-profit-
eering measures and pre-
scribes that any reduction in
the rate of tax on the supply of
goods or services or the bene-
fit of the input tax credit shall
be passed on to the recipient
by way of a commensurate re-
duction in prices. Earlier,
complaints were to be filed
with the NAA. Now, the task is
panding this initiative, the gov-
ernment can create more op-
portunities for aspiring medical
students.”
It was recommended that
there needs to be a push to-
wards “encouraging private in-
vestment in medical educa-
tion”. Policy support was also
required. There needs to be
work on providing incentives
and regulatory support to
private institutions that would
look at establishing medical
colleges. This will increase seat
availability and also introduce
per cent increase in hirings
over the last two years, indic-
ating a shift in business dy-
namics. In response, he urged
a heightened focus on tourism
development at various
levels, stating, “Now we need
to focus a lot on developing
tourism, not only at higher
levels but also at entry levels.”
SUBSTANTIAL GROWTH
Kachru, also the Chairman
Emeritus and Principal Ad-
visor South Asia, Radisson
bye-elections in 2015, for
election to the Upper House
of Parliament. The Rajya
Sabha is expected to see sev-
eral BJP members going up
slightly after the biennial
elections as it won MP, Ra-
jasthan, and Chhattisgarh in
the recently held assembly
polls.
Among the 15 BJP candid-
ates, Sudhanshu Trivedi is
the only outgoing parlia-
mentarian being re-nomin-
ated to the House of Elders
by the party. The BJP has
mostly relied on OBC can-
didates to give them repres-
entation in the Upper House
from the UP and MP from
Varanasi constituency. As
per the announcement, four
of the seven candidates are
from backward castes — R P
N Singh (Kinthwar-Kurmi),
former MP Chaudhary Te-
with the Competition Com-
mission of India (CCI). A total
of 107 petitions were filed in
the Delhi High Court to chal-
lenge the constitutional valid-
ity of the aforementioned sec-
tion and related rules, as well
as the legality of the notices
proposing imposition or or-
ders imposing penalty issued
by the NAA. The petitioner
companies span diverse busi-
nesses, ranging from hospital-
ity and fast-moving consumer
goods (FMCG) to real estate.
In its judgment, a division
bench comprising Acting
Chief Justice Manmohan and
Justice Dinesh Kumar Sharma
of the High Court said, “The
constitutional validity of Sec-
tion 171 of the Act, 2017, as
well as Rules 122, 124, 126,
127, 129, 133 and 134 of the
Rules, 2017, is upheld.”
The court said that there
healthy competition and innov-
ation in medical education.”
The report on “Quality of Med-
ical Education in India” has
been tabled in both Houses of
Parliament.
Shortage of doctors is a
global problem , the Commit-
tee noted. But developed coun-
tries can meet this shortfall, by
serving as attractive destina-
tions for medical graduates
from developing countries and
by easing the process for the
practice of medicine by the in-
ternational medical graduates.
Faculty shortage and the ex-
istence of ghost faculty have
been identified as areas where
attention needs to be given. A
recent assessment of 246 med-
ical colleges in 2022-23 by the
Undergraduate Medical Educa-
tion Board, revealed no medical
college had adequate faculty
members or senior residents
and all failed to meet the 50 per
cent attendance requirement.
The assessment brought to
light that most of the colleges
had either ghost faculty or
senior residents, or had yet to
employ the required faculty at
Hotel Group, conveyed the in-
dustry’s commitment to cre-
ating over 50 million jobs in
the next 5-7 years.
Amitabh Kant, India’s G20
Sherpa, urged the tourism
sector to communicate its po-
tential to politicians, suggest-
ing that highlighting the goal
of creating 25 million jobs by
2030 could have a significant
impact. Kant remarked, “I
think somehow the tourism
industry has failed to tell the
politician that we are a big cre-
ator of jobs.” He emphasised
the global scale of the tourism
economy, valued at $5 trillion,
with India’s share being less
than 2 per cent, underscoring
the need for substantial
growth.
Chhatwal acknowledged
the government’s efforts in
infrastructure development
and suggested that granting
full infrastructure status
would further propel the sec-
tor’s success. He said, “We
have that status, but there are
a lot of limitations that were
put into it 12 years ago.”
jveer Singh (Jat), state party
general secretary Amarpal
Maurya (Koeri) and former
state minister Sangeeta Bal-
want (Bind).
Continuing with the trend
of picking up unknown faces
who have been silently work-
ing for the party are;
Karnataka’s Narayansa K
Bhandage and Devendra Pra-
tap Singh from Chhattis-
garh. The party has preferred
another Jat, former Haryana
BJP president Subhash
Barala, to field from Haryana
to send a political message
ahead of LS polls. Party
spokesperson from West
Bengal Samik Bhattacharya
and Uttarakhand state party
president Mahendra Bhatt
are other candidates who are
likely to wade through the
polls to become Rajya Sabha
members.
may be cases of arbitrary exer-
cise of power under the anti-
profiteering mechanism.
However, the remedy for the
same is to set aside such or-
ders on their merits, the bench
had said.
TAX COMPLIANCE
Commenting on the rationale
for the companies appearing
in the Apex Court, Ankur
Gupta, Practice Leader - Indir-
ect Tax at SW India, said that
the purpose behind imple-
menting anti-profiteering
provisions was to ensure that
companies pass on the bene-
fits of reduced GST rates or in-
creased Input Tax Credit to
customers. However, over the
past six years, the GST Act has
evolved significantly, leading
to a substantial decrease in the
frequency of changes, particu-
larly in GST rates.
all. The report stated average
MBBS course fees across gov-
ernment colleges here can
reach up to ₹50,000 per annum
(₹1,350 in AIIMS, New Delhi).
However, such subsidised
medical education can only be
availed by a select few, who per-
form exceedingly well in the
NEET UG exam, it said, point-
ing out that where there were
56,193 government seats in
MBBS and over 11 lakh candid-
ates qualified for the NEET UG
exam in 2023. “Therefore, more
than 10 lakh MBBS aspirants
are left either to opt for MBBS
seats in private medical col-
leges where the course fees can
range up to ₹1.5 crore or to pur-
sue their dream in countries
like China, Ukraine and Russia,
where the cost is lower in com-
parison to private colleges in In-
dia,” the Committee observed.
It was also suggested that there
was a need to maintain a na-
tional database of resident doc-
tors “on a real-time” basis akin
to the GME Track of the USA.
The Committee suggested
that an India-specific approach
needs to be worked out that
TN Governor declines to read full text
of customary speech in Assembly
Our Bureau
Chennai
The confrontation between Raj
Bhavan and the Tamil Nadu gov-
ernment continues as the Gov-
ernor RN Ravi declined to read
the full customary address in the
Legislative Assembly for the
second time in the last two
years. Last year, the Governor
abruptly walked out of the As-
sembly as Chief Minister MK
Stalin disapproved of his select-
ive deviation from the approved
text of the Governor’s address
to the House.
A resolution was also moved
to take on record only the tran-
script distributed to the mem-
bers. On Monday, the Governor
read the introduction of the pre-
pared speech given by the State
government on the inaugural
day of the Assembly for the year
2024. The Governor made some
remarks in the Assembly. How-
ever, the Tamil Nadu Legislative
Assembly unanimously passed a
resolution to take on record
only the speech prepared by the
State government and not his
shortened speech and the re-
marks citing reasons for his re-
fusal to read the entire speech.
The speaker M Appavu, re-
acted sharply to the Governor
not reading the full text and
urged him to get flood relief
funds from the Centre and also
made references to Savarkar
and Godse. The Governor left
the House without staying back
for the National Anthem.
SERIES OF REACTIONS
The controversy has sub-
sequently led to a series of reac-
tions. A release from Raj Bhavan
said the draft Governor’s ad-
dress was received at the Raj
Chennai airport has 13 aerobridges: AAI
Our Bureau
Chennai
There have been recent media re-
ports that the airport in Chennai
may not get many long-haul
widebody international flights
for lack of aerobridges and other
operational limitations. These
reports are devoid of facts and ac-
curacy, the Airports Authority of
India clarified.
The Chennai Airport terminal
Maharashtra now operational
Our Bureau
Pune
The Ministry of Civil Aviation
had identified nine airports
namely, Kolhapur, Jalgaon, Sol-
apur, Amravati, Nanded,
Nashik, Ratnagiri, Gondia and
Sindhudurg for revival and op-
eration of RCS flights under
UDAN scheme in Maharashtra,
out of which 6 airports have
been operationalised. Opera-
tional airports include
Kolhapur, Jalgaon, Nanded,
Nashik, Gondia and Sindhu-
durg while development work is
in progress at the remaining air-
ports, according to the Ministry.
An airport which is included
in the awarded routes of UDAN
and requires upgradation/de-
velopment for commencement
of UDAN operations is de-
veloped under the ‘Revival of
considers thehealthcare needs
for the next 20-25 years and
also look at the possibility of
providing incentives to doctors
who work in underprivileged
areas. The Centre should
identify specialisations such as
paediatricians, ophthalmolo-
gists, neurosurgeons, critical
care specialists and infectious
disease specialists that would
be required “rather than just
randomly increase the general
surgery, pharma and anatomy
seats”.
The report mentioned,
“….distribution of doctors’
workforce across the country,
especially in the underpriv-
ileged areas can be worked out
by offering incentives, monet-
ary or otherwise.”
The Parliamentary panel has
recommended that the Na-
tional Medical Commission,
should take up a comparative
study of the best practices of its
parallel organisation in various
countries. The Committee
mentioned that the Flexner
Model has been adopted across
counties and also “changing it
suitably whenever required”.
news . bl . 11
DIVERGENT PERSPECTIVES. Governor RN Ravi expressed
his inability to read the address as “it contained numerous
passages with misleading claims” PTI
Bhavan, from the State govern-
ment, on February 9, 2024. The
address had numerous passages
with misleading claims far from
the truth. The Governor re-
turned the file with advice like
showing due respect to the Na-
tional Anthem and playing it at
the beginning and end of the
Governor’s address. In the past,
the Governor had even written
letters to the Chief Minister and
Speaker in the past, said a re-
lease from Raj Bhavan.
The Governor’s address
should reflect the government’s
achievements, policies and pro-
grammes and inform the House
of the “causes of its summons”
and should not be a forum for
peddling misleading statements
and venting blatantly partisan
political views. However, the
Government chose to ignore
the advice of the Governor, the
release said.
PROTOCOL DISPUTE
The Governor in his address
read out the first paragraph that
contained a Kural (738) of the
renowned Saint Thiruvalluvar.
Thereafter, he expressed his in-
ability to read the address as it
contained numerous passages
complex has 13 Aerobridges and
an additional aerobridge for
Code E is under construction and
will be operational by March
2024. Out of the 13, five can cater
to Code E aircraft, says a release
from AAI. Once the second phase
of T2 is completed in 2025, an ad-
ditional 3 Code E-capable aero-
bridges will be available soon. So,
after 2025, nine aerobridges will
be available for Code E aircraft
for international operations in
unserved and underserved air-
ports’ scheme.
Currently, bidding is open for
UDAN 5.2 to enhance con-
nectivity to remote and regional
areas, achieve last-mile con-
nectivity and boost tourism
through small aircraft. This
scheme offers greater opera-
tional flexibility to small aircraft
operators, permitting them to
operate up to 40 per cent of an-
nually quoted RCS seats and a
minimum of 10 per cent in any
given quarter. The unserved/
underserved airstrips in Maha-
rashtra including Akola, Baram-
ati, Chandrapur, Darna Camp,
Deolali, Dhulia, Gondia, Jath,
Karad, Kawalpur, Kudal, Latur
(MADC), Lonavala Amby Val-
ley, Osmanabad Phaltan, Rat-
nagiri, Shirpur and Waluj are
available in the scheme docu-
ment for bidding.
Army Chief General
to embark on US
trip from today
Our Bureau
New Delhi
Indian Army Chief General
Manoj Pande will leave for the
US on a four-day official tour to
hold talks with his US counter-
part General Randy George and
other senior military leaders to
further strengthen defence co-
operation between the two
nations.
“This visit underscores the
deepening military cooperation
and strategic partnership
between India and the US, aim-
ing to further strengthen de-
fence cooperation and foster
stronger bonds between the
armies of both nations,” the
Ministry of Defence said.
General Pande, during his en-
gagements with military brass of
the US, will exchange ideas on
crucial topics such as transform-
ation in the Indian Army, global
threat perception, transforma-
tion to Army 2030/2040, future
force development and modern-
isation and co-production and
co-development initiatives.
with misleading claims and
facts, and reading them would
have amounted to the Gov-
ernor’s address becoming a con-
stitutional travesty. He ex-
pressed his respect to the House
and concluded by wishing the
session to be productive “for the
good of our people of Tamil
Nadu.”
The speaker read the Tamil
version of the address and the
Governor sat through it till the
conclusion of the address.
“When the Speaker con-
cluded the address, the Gov-
ernor rose for the National An-
e2085190
them, as scheduled. However,
the speaker instead of following
the schedule launched a tirade
against the Governor and called
him a follower of Nathuram
Godse and more. The speaker
with his unbecoming conduct
lowered the dignity of his chair
and the grace of the House,” the
release said.
State Law minister S Raghu-
pathy said for years the routine
was to play the Tamizh Thai
Vazhthu (State song) before the
Governor’s address and the Na-
tional Anthem after the address.
This was also conveyed to the
Governor earlier, he said.
swing mode, the release said. Air-
craft A380 mentioned in the
news stories is the flagship of
Code-F type of aircraft whose
production has been stopped
since 2021.
The new generation wide-bod-
ied long-haul aircraft A350 and
B777 which are being operated
and are being ordered by airlines
for the future are Code-E type of
aircraft and Chennai Airport can
handle them, the release said.
NHRC issues
notice over
drugs’ identical
brand names
Press Trust of India
New Delhi
The National Human Rights
Commission (NHRC) has
sent notices to the Union
Health Ministry and the
Drugs Controller General of
India over a media article al-
leging that there are drugs
which have identical or
phonetically similar names
but are being prescribed for
treating different ailments,
officials said.
NHRC in a statement also
said reportedly, the Central
Drugs Standard Control Or-
ganisation (CDSCO) would
first have to “build a data-
base” of all pharmaceutical
brand names by collecting
data from the 36 different
Drug Controllers in each
state and Union Territory, as
there is “no such database in
the country”.
“Also, no data on prescrip-
tion errors is being main-
tained by the authorities,”
the rights panel said. The
NHRC said it has taken suo
motu cognisance of a news-
paper article on a large num-
ber of drugs being sold in In-
dia with identical brand
names for treating entirely
different ailments.
The Commission has ob-
served that the content of
the article, if true, amounts
to a “serious issue of human
rights”.
... . . . . . .
 12 . bl . news
CHENNAI

businessline.
TUESDAY - FEBRUARY 13 - 2024

EU, US to align global minerals IN RECOVERY MODE

push against China’s supply grip

SYNERGY. The aim is to combine the EU’s high-level policy approach with the US’s focus on specific projects
Bloomberg
The US and the European
Union are in talks to merge a
core area of their efforts to
engage suppliers of critical
minerals in resource-rich na-
tions, seeking to streamline
their push against China’s
dominance in materials key
for future technologies.
The aim is to combine the
EU’s high-level policy ap-
proach with the US focus on
specific projects, according
to people familiar with the
discussions.
Specifically, the move
would merge the EU’s crit-
ical raw materials club
concept with the Biden ad-
ministration’s flagship Min-
erals Security Partnership. It
comes after the EU delayed
plans to launch its own pro-
e2085190
DIGGING DEEP. Washington and Brussels are seeking to
counter China’s domination of the supply chain for so-called
critical minerals
said the people, who asked
not to be identified describ-
ing internal policy
discussions.
The new initiative, known
broadly as a “minerals secur-
ity partnership forum,”
would align outreach efforts
to buyers in developed coun-
tries and resource-rich na-
tions to cooperate on pro-
jects and policies, said the
people.
Washington and Brussels are
seeking to counter China’s
domination of the supply
chain for so-called critical
minerals, a broad term that
includes inputs for electrical
vehicles and other green en-
ergy technologies.
Key to their combined ef-
forts is working with re-
source-rich nations to de-
velop standards on
investment, trade, research
alternative to working with
China.
The allies, who’ve identi-
fied more than a dozen po-
tential projects, have taken
on a daunting challenge. The
lengthy and expensive pro-
cess of developing mining or
refining projects means
Beijing’s dominance will
likely continue for decades.
And US officials have con-
ceded it’s impossible to fully
replace China.
OPTIMISING EFFORTS
US and EU officials aim to
reach an agreement later this
month and officially launch
the project in March, accord-
ing to one of the people.
They will discuss the plan at
the Munich Security Confer-
ence in Germany next week,
said a separate person.
The EU and the US are dis-
cussing how to optimise
critical raw materials, Olof
Gill, a spokesperson for the
European Commission, said
in a response to questions,
adding that an important as-
pect of these talks is to find
“the best synergies” between
the EU’s critical raw materi-
als club and other interna-
tional activities.
A US State Department of-
ficial, who asked not to be
identified discussing internal
matters, said the two sides
believe separate outreach
plans to resource-rich na-
tions duplicated efforts and
risked creating confusion.
They also want to ensure
alignment on the broader
goal of reducing the West’s
dependence on China for the
production and processing of
many critical minerals like
lithium, manganese and co-
balt, and properly coordinate
mobilizing state finances and

e2085190
gramme in Dubai last year at As part of their broader and environmental issues their efforts in fostering in- private companies, the offi-
the COP 28 climate summit, economic security strategies, that the US and EU see as an ternational cooperation on cial said.

‘Recession risks for US fading, but political tensions pose threat’

NEW AVATAR. Following acquisition by MGM Healthcare for ₹128 crore, Fortis Malar Hospitals is
casters expected the US eco- expects to reduce rates three undergoing a brand name change, and renovation work is being carried out BIJOY GHOSH
Press Trust of India nomy – the world’s largest – times this year.
Washington to slide into a recession as the What worries respondents

Just a quarter of business

economists and analysts ex-
pect the United States to fall
into recession this year. And
any downturn would likely
result from an external shock
– such as a conflict involving
China – rather than from do-
mestic economic factors
such as higher interest rates.
But respondents to a Na-
tional Association of Busi-
ness Economics survey re-
leased Monday still expect
year-over-year inflation to
exceed 2.5 per cent -- above
the Federal Reserve’s 2 per
cent target -- through 2024.
A year ago, most fore-
Fed raised interest rates to
fight a burst of inflation that
began in 2021. The Fed hiked
its benchmark rate 11 times
from March 2022 to July
2023, taking it to the highest
level in more than two dec-
ades. Inflation has fallen
from a peak of 9.1 per cent in
June 2022 to 3.4 per cent in
December. But the economy
unexpectedly kept growing
and employers kept hiring
and resisting layoffs despite
higher borrowing costs.
The combination of tum-
bling inflation and resilient
growth has raised hopes – re-
flected in the NABE survey –
that the Fed can achieve a so-
are the chances of a conflict
between China and Taiwan
even if it isn’t an outright
war: 63 per cent consider
such an outcome at least a
“moderate probability”.
POLITICAL CONCERNS
Likewise, 97 per cent see at
least a moderate chance that
LIKELY DISRUPTION. 97 per cent economists see at least a conflict in the Middle East
moderate chance that conflict in the Middle East will drive oil will drive oil prices above $90
prices above $90 a barrel (from around $77 now) a barrel (from around $77
now) and disrupt global ship-
called soft landing: vanquish- chief economist at mortgage ping.
ing inflation without the pain giant Freddie Mac and chair Another 85 per cent are
of a recession. “Panelists are of the association's economic worried about political in-
more optimistic about the policy survey committee. stability in the United States
outlook for the domestic The Fed has stopped raising before or after the November
economy,” said Sam Khater, rates and has signalled that it 5 presidential election.
Demerger process to be completed
in 9-12 months, says Vedanta official
Press Trust of India
Jharsuguda (Odisha)
Vedanta is working “actively”
for demerger of its key busi-
nesses, including aluminium,
into separate listed companies
and the process is likely to be
completed in next nine to 12
months, a top official of the
company said. Vedanta Ltd,
had, last year announced cre-
ation of independent verticals
through demerger of its metal,
power, aluminium, and oil and
gas businesses to unlock po-
tential value. In an interview to
PTI, John Slaven, CEO of alu-
minium business of Vedanta,
said, “We are working very act-
ively in securing the successful
demerger of the aluminium
business.” The process for the
demerger is currently under-
way and is subject to a number
of approvals from various au-
thorities, he added. “We also
need approval from our cur-
rent lenders in the allocation
of debt across the various en-
tities that will be separated. So
that’s playing out at the mo-
ment. We are confident that in
the next 9 to 12 months the de-
merger will be completed,”
Slaven said. The move, he said,
will be an evolutionary step for
Vedanta’s aluminium business
as it will help Vedanta Alu-
minium to chart out its own
course.

CM
YK ... . . . . . .
 CHENNAI
businessline.
TUESDAY - FEBRUARY 13 - 2024 13
e2085190

e2085190

CM
YK ... . . . . . .
 14 . bl . news
CHENNAI

businessline.
TUESDAY - FEBRUARY 13 - 2024

QUICKLY.
‘Saudi Arabia has huge oil
MSCI rejig to bring in up to 8 convicted Navy veterans set free
by Qatar ahead of PM’s visit to Doha
$1-b FPI inflows into India
spare capacity cushion’

Amiti Sen
Dalip Singh
PULL FACTORS. Standardised ownership limit, robust show by equities attract investors New Delhi

derperformance by other EM Seven of the eight Indian Navy

Dubai: Saudi Arabia has plenty of
spare oil production capacity, its
Energy Minister said on Monday,
after the world’s biggest oil
exporter announced surprise
plans to scale back its long-term
capacity expansion plans. “We are
ready to tweak up or downwards
at any time, whatever market
necessity dictates,” Prince
Abdulaziz bin Salman said. REUTERS
USFDA ‘closes’ inspection
at Dr Reddy’s unit
Hyderabad:Dr Reddy’s
Laboratories, received the
Establishment Inspection Report
(EIR) from the USFDA for its
formulations manufacturing
facility (FTO-3) in Bachupally,
Hyderabad. The US drug
regulator concluded that the
e2085190
Ashley Coutinho
Mumbai
MSCI will announce index
changes for February on
Tuesday. As per Nuvama Al-
ternative & Quantitative Re-
search, India could see close
to $800 million to $1 billion
in passive inflows from for-
eign portfolio investors
(FPIs).
The country has a repres-
entation of about 17.8 per
cent in the MSCI Emerging
Markets Index, which may
inch up to 18.5 per cent fol-
lowing the February rejig.
The likely names to be in-
cluded in the MSCI Global
Standard Index in the Febru-
ary review are NMDC, Pun-
jab National Bank, BHEL,
Union Bank of India, NHPC
and Jindal Stainless. The
packs, especially China. In
2023, India’s stock count in
the MSCI Standard Index
rose to 131, with the inclu-
sion of a net of 17 Indian
stocks over the past four re-
views. This marks an im-
provement from 2022, when
only nine Indian stocks were
included. The notable factors
contributing to this increase
PACKING A PUNCH. The country has a representation of
about 17.8 per cent in the MSCI Emerging Markets Index, which include India’s substantial
rally vis-a-vis other emerging
may inch up to 18.5 per cent following the February rejig
markets and MSCI’s shift
from semi-annual to
MSCI Smallcap Index may November 2020, the country quarterly rebalancing for
see the inclusion of Cello has more than doubled its stock inclusions and
World, Honasa Consumer, representation. exclusions.
Jaiprakash Associates, DB Re- Consistent flows from do-
alty and Inox Wind Energy. MULTIPLE REASONS mestic institutions and
India’s representation in This is due to multiple factors steady FPI participation may
the MSCI EM pack held such as India’s standardised help India surpass a 20 per
steady at around 8 per cent foreign ownership limit, ro- cent weightage in the MSCI
from 2015 until October bust performance by Indian EM Index by early 2024, ac-
2020. However, since equities and the relative un- cording to Nuvama.
veterans, released by the Qatar
government more than three
months after they were con-
victed with death sentences on
charges of espionage, returned
to India on Monday. The
eighth veteran is still in Doha,
awaiting completion of official
formalities, according to the
Ministry of External Affairs.
The release comes ahead of
Prime Minister Narendra
Modi’s visit to Doha on Febru-
ary 14 after his two-day visit to
the UAE. While Modi’s visit to
the UAE was announced by the
MEA last week, his subsequent
visit to Doha was announced
on Monday, a day after the
former Navy officials were re-
leased by Qatar.
Prime Minister Narendra
Modi will travel to Qatari cap-
ital Doha on February 14, after
concluding his two-day visit to
the United Arab Emirates.
The announcement on
BACK HOME. Six of the ex-Indian Navy veterans, who were in
custody in Qatar, arrived at the Delhi airport, on Monday
eign Secretary Vinay Kwatra
said answering a query at a
press briefing on Monday. The
Foreign Secretary said the
Prime Minister had personally
supervised developments in
the case.
The delay in the return of
the eighth ex-naval officer was
not due to any unresolved
complications with his release
but because the person had
been staying in the country for
over twenty years and several
related issues needed to be
taken care of, a source told
businessline.
Modi will hold wide-ranging
‘Bharat Mata ki Jai’. One of the
former Navy personnel told
the media that they would not
have been freed but for Prime
Minister Modi taking up their
issue with Qatar’s Emir Sheikh
Tamim bin Hamad Al Thani. “I
feel relieved and delighted to
finally be back home, safe and
sound. I wish to thank Prime
Minister Modi as this wouldn’t
have been possible had it not
been for his intervention to se-
cure our release. I also wish to
express my gratitude to Sheikh
Tamim bin Hamad Al Thani,
the Emir of the State of Qatar,”
he said, without disclosing his

e2085190
Modi’s visit to Qatar came a discussions with Emir of Qatar name. Another ex-naval of-
inspection is “closed”. OUR BUREAU

Airbus C295 programme

gets nod from DGAQA
Hyderabad:The Airbus Defence
and Space Quality
Management System for the
C295 aircraft
has received approval from the
Directorate General of
Aeronautical Quality
Assurance to produce detailed
parts and sub-assemblies in
India. OUR BUREAU
Akasa Air cancels many flights as pilots
go on sick leave, weather turns foul
Forum Gandhi
New Delhi
Pilots being on “sick leave”,
weather and operational reas-
ons have reportedly led to a
number of cancellations and
delays of Akasa Air flights in
the last 48 hours. As per pub-
licly available data, at least 10
Akasa Air flights were can-
celled on February 10 and 12,
while 17-18 other flights were
delayed.
Vinay Dube, Founder and
CEO, Akasa Air, asserted that
the airline does not suffer
Asserting there record of being India’s most
dependable and on time air-
was no shortage, line since our inception and
CEO Vinay Dube we continue to strive to
provide our customers with a
said Akasa Air
is sufficiently
highly reliable offering.”
Akasa Air, which prides it-
staffed with over self on being the “most punc-
tual airline” with an average
600 pilots OTP (on-time performance)
of 83.7 per cent in 2023, had at
least 17 flights delayed on
from a shortage of pilots. February 11, which pushed its
“Akasa Air is sufficiently average OTP to 73.5 per cent.
staffed with over 600 pilots, At least 25 flights had late
enough to operate more than landings. Sources said that the
double the size of our current cancellations and delays were
fleet. We have a proven track due to some pilots calling in
sick. The airline operates 800
weekly flights or approxim-
ately 115 flights daily. Another
source said that besides sick
leave, reasons such as in-
clement weather and opera-
tional issues led to
cancellations.
An Akasa Air spokesperson
said: “We apologise for the in-
convenience caused due to
the cancellation of some
flights on February 11-12,
2024. This was an aberration,
and as India’s most on time
airline, we continue to strive
to provide our customers with
a highly reliable offering.”
day after the Gulf nation re-
leased eight jailed former In-
dian naval personnel.
‘GRATIFIED’
“We are gratified by Qatar’s
decision to release the Indians.
We deeply appreciate it,” For-
Ashneer Grover files waiver plea in NCLT
Press Trust of India
New Delhi
BharatPe Co-founder and
former Managing Director
Ashneer Grover has filed a plea
before NCLT seeking waiver
over a petition earlier filed by
him alleging oppressive con-
duct and mismanagement by
Sheikh Tamim bin Hamad Al
Thani, to further expand bilat-
eral ties, Kwatra said.
On arrival at the airport
here early morning, the freed
Navy veterans, working for a
private company Al Dahra
Global in Doha, shouted
the Board of the fintech firm.
On this, the Delhi Bench of Na-
tional Company Law Tribunal
(NCLT) on Monday issued a
notice, seeking reply from
BharatPe and other respond-
ents and listed the matter for
the next hearing in April.
Last December, Grover had
filed a plea before NCLT al-
leging oppressive conduct and
ficer, too, praised Modi for
walking free. “We wouldn’t be
standing before you today had
it not been for his untiring ef-
forts and interventions at the
highest levels to get us free-
dom,” he said with a glee on his
face.
mismanagement by the Board
of Resilient Innovations Pvt
Ltd, which is doing business as
BharatPe, under sections 241
and 242 of the Companies Act
2013. However, section 244 of
the Act also mandates that the
shareholder, to file an appeal
under section 241, should have
a minimum of 10 per cent of
the shares of the company.

India, Bangladesh join hands for Rural internet

tiger conservation in Sunderbans
PT Jyothi Datta
Mumbai
A cross-border initiative, fo-
cused on harmonious coexist-
ence with tigers in the Sun-
derbans, seeks to preserve
biodiversity in both India and
Bangladesh. Twelve students
(Tiger Scouts) of classes 7 and
8from the Madhya Purba Gur-
guria Adarsha Vidyapith
school in Kultali block, along
with their teachers, the Wild-
life Trust of India’s (WTI)
primary response team (PRT)
members, and “Bagh Bondhs”
(friends of the tiger) from the
local community in Kultali,
South 24 Parganas, (West
Bengal) met their counter-
parts from Bangladesh, as part
of this programme , said Ab-
hishek Ghoshal, WTI’s Man-
ager and Head of Human-
Wildlife Conflict Mitigation
Division.
The people-centric engage-
ment took place at Joymoni,
Bagerhat District, Bangladesh
from February 4 to 8, under
the Integrated Tiger Habitat
Conservation Program sup-
ported by IUCN (Interna-
tional Union for Conservation
of Nature) and Germany’s
KfW Development Bank. The
two countries have govern-
ment-level interactions, but it
was possibly a first of sorts
that people, including stu-
dents, interacted to under-
stand co-existence with tigers
and biodiversity conservation
in the Sundarbans of both
countries, Ghoshal told busi-
nessline.
SHARED EXPERIENCES
The shared experiences that
could be applied in their own
regions included, picking up
on livelihood interventions
made to prevent people from
going into the forest and pick-
ing up firewood, that exposed
them to tigers. On the Indian
side, people have been suppor-
ted with smokeless cooking
stoves, besides poultry and
goats, towards livelihood sup-
port, Ghoshal said. And on the
Bangladesh side, there were
learnings on growing paddy
that could withstand the high
salinity in water, he said.
Ashok Haldar, a ‘Bagh
Bondh’ said, he never ima-
gined visiting Bangladesh’s
Sundarbans to understand
how the local community was
involved in tiger conservation,
a note on the initiative said.
Subrata Mistry, Teacher-In-
Charge with MPGAV school
added, that students from re-
mote areas of the Indian
Sundarbans would be motiv-
ated on getting an opportun-
ity to visit Bangladesh and see
the work of their Tiger Scouts.
The project has been on
since 2018-19. In the project
area, the last four years have
seen no tiger or human casu-
alty, he said, pointing to the
success and reason why the
non-government organisa-
tions on both sides want to
continue the interaction,
though the project comes to
an end in October 2024.
users overtake
urban in 10 States
Our Bureau
Mumbai
With mobile operators ag-
gressively rolling 4G services,
now there are at least 10 States,
where the number of internet
users in rural areas is higher
than the internet users in
urban areas, according to TRAI
report.
Even as subscribers on
broadband internet, ballooned
to 885 million and Indian tel-
cos enable 5G connectivity
across the nation, in most
States, urban subscribers of
broadband internet, still out-
number the rural subscribers.
Experts believe, that this is
not only an issue of poor con-
nectivity in remote States.
Smartphone affordability is
also keeping rural subscribers
tied to 2G networks. “Over the
last year, most smartphone
brands have moved away from
the lowest price band to mid
tier and luxury brands where
the profitability lies,” an expert
told businessline, “which
means that many subscribers
do not have the handset capab-
ility to log into a 4G network.”

Beware! The love of your life could be a bot!

The potential love interest of 26% of Indians surveyed is an AI-generated bot: Report
Our Bureau
Bengaluru
This Valentine’s Day, don’t
be surprised if the love of
your life turns out to be a
machine. A report by
McAfee shows that 26 per
cent of Indians surveyed —
who were under the impres-
sion that they were talking
to a potential love interest
— had actually been con-
versing with an AI-gener-
ated bot and not a real
person.
At least 77 per cent of In-
dians said they’d come
across fake profiles and/or
photos that look AI-gener-
ated on dating websites, or
apps, or on social media.
Further, the prevalence of
‘romance scams’ has in-
creased with 39 per cent of
Indians saying their conver-
sations with a potential love
interest online turned out to
PROTECTING PRIVACY. Romantic hopes should be
balanced with healthy skepticism, warns the McAfee report
be with a scammer. Also, 91
per cent of Indians revealed,
they, or someone they knew,
had been contacted by a
stranger through social me-
dia or text message and star-
ted to “chat” with them reg-
ularly to know them better.
AI TO WRITE MESSAGES
“We know cybercriminals
also use AI to scale mali-
cious activity. With love-
seekers spending more time
online leading up to
Valentine’s Day, scammers
are using AI to pose as love
interests to steal your
money or personal informa-
tion. We encourage people
to balance romantic hope
with healthy skepticism, to
pause before sharing sensit-
ive information online, and
to ensure they use the right
tools to protect their pri-
vacy, identity, and personal
information,” said Steve
Grobman, McAfee’s Chief
Technology Officer.
Furthermore, the study
also discovered that 65 per
cent Indians have used
ChatGPT/AI to help create
pics or other content for a
dating app. Specifically, this
Valentine’s Day, 56 per cent
of Indians are planning to or
considering using AI to
write messages for their
love interest as it helps
boost their confidence.
However, this contrasts
sharply with people’s feel-
ings about receiving AI-gen-
erated content: 60 per cent
of people said they would be
hurt or offended if they
found out their Valentine’s
Day message was written by
a machine / artificial intelli-
gence. 81 per cent of people
reported receiving more in-
terest and better responses
using AI-generated content
than when they drafted or
used their own original
content

CM
YK ... . . . . . .
 market.radar . bl . I
CHENNAI

businessline. For BSE/NSE live quotes, scan

the QR code or click the link
TUESDAY - FEBRUARY 13 - 2024 https://bit.ly/2FpossK

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] 156.35 149.65 156.30 158.95 148.90 111.33 200.00 62.80 11 150.00 CEInfoSystem 1872.00 1837.95 1897.90 1900.00 1820.00 68.69 2343.95 984.05 - - Goa Carb 866.80 834.20 874.00 889.50 821.00 106.16 924.05 391.80 9 832.50 Kaly.Stl [5] 757.10 726.50 757.10 767.85 706.00 263.40 775.80 281.10 12 732.00
360OneWam 654.30 648.25 651.85 666.00 641.05 1146.65 1898.00 395.10 - - CelloWorld 844.55 825.20 828.00 849.00 816.60 579.01 920.00 748.55 - - GOCL Corp [2] 500.60 468.70 502.25 502.25 465.55 77.62 640.00 278.25 48 467.75 KalyanJewelr 357.95 363.90 358.40 366.25 351.20 5777.51 395.00 100.95 - -
3IInfotech 50.25 48.25 50.50 51.80 47.85 3245.46 63.90 26.25 - - Cent Enka 427.00 423.20 427.00 428.90 420.90 19.81 503.00 340.00 23 423.00 God.Pow.Isp [5] 783.95 762.90 795.00 795.00 756.10 430.21 844.55 338.00 12 759.85 Kamat Htl 299.90 293.95 307.90 309.00 289.40 71.25 374.50 118.30 12 294.10
3m India 32642.65 31792.65 32699.90 32897.80 31701.00 3.43 39809.65 21405.00 72 31809.80 Cent.Bk 68.00 59.95 68.00 68.20 58.3049978.37 76.85 22.25 22 60.10 Godfrey [2] 2374.60 2581.80 2380.55 2621.45 2380.55 617.28 2646.75 1605.05 16 2586.35 Kamdhenu 581.75 567.30 583.65 604.70 560.10 465.91 616.00 262.70 35 566.15
5PaisaCap 588.45 566.50 594.40 594.95 560.00 74.94 759.10 271.25 28 566.55 Cent.Elec 1597.40 1485.80 1600.00 1630.00 1452.55 57.55 1970.00 497.00 38 1474.40 Godrej Cons [1] 1218.65 1199.40 1228.00 1228.00 1195.00 686.35 1299.90 895.00 68 1198.40 KamdhenuVent 231.65 233.55 232.25 233.75 231.95 3456.21 245.00 135.00 - -
Cent.Ply [1] 732.95 732.85 737.90 749.55 725.85 191.19 849.35 436.65 46 737.95 Godrej Ind [1] 831.45 797.40 810.00 823.45 776.20 337.35 911.15 395.20 - 797.20 Kanor.Chem [5] 124.60 123.00 122.00 124.95 121.50 82.87 156.30 100.25 - 123.70
A .............................................. Cent.Txt 1430.85 1375.15 1435.05 1437.95 1360.00 135.30 1598.75 588.80 55 1379.40 Godrej Pr [5] 2256.80 2259.15 2275.00 2297.35 2233.40 1276.84 2456.85 1005.70 102 2255.40 KanpurPlastc 113.40 107.75 111.15 115.45 106.00 72.45 149.50 73.00 - -
AaronIndust 267.55 258.50 271.95 271.95 255.10 17.65 326.40 237.00 - - CentDepoSer 1946.95 1849.85 1958.00 1958.95 1825.00 1401.59 2067.00 880.90 - - GodrejAgrovt 523.45 519.35 523.45 526.60 514.90 129.12 581.60 391.20 28 519.55 Kansai Ner [1] 316.75 304.50 324.00 324.00 303.05 529.06 355.00 247.47 37 304.55
AartecSolnic 146.45 146.45 149.50 158.50 131.80 177.66 189.50 127.25 - - CentrumCap [1] 36.70 33.20 37.65 38.10 32.55 2946.94 41.40 17.50 - 33.23 GoFashionInd 1176.40 1150.95 1200.00 1219.90 1142.60 243.44 1404.70 876.05 - - Karn.Bk 249.30 238.05 250.00 251.10 235.55 1170.80 286.35 124.10 6 238.25
Aarti Drug 532.45 525.10 533.00 546.40 524.50 250.20 645.00 310.80 31 525.00 Cera San [5] 8039.20 7661.40 8025.45 8095.85 7500.00 47.86 9782.25 5879.00 42 7658.70 Gokaldas [5] 898.25 875.95 898.25 902.40 866.10 185.89 1022.00 340.00 34 876.30 Karur vys bk [2] 183.20 176.85 184.90 185.15 174.40 3151.44 204.85 92.80 10 177.10
Aarti Ind [5] 663.35 674.10 667.05 702.10 663.40 8242.38 701.90 438.05 56 673.70 CESC [1] 134.55 122.25 134.65 135.20 116.40 9033.79 149.90 62.25 20 123.00 Gokul Agro [2] 117.20 110.60 116.55 118.00 110.00 281.90 135.00 94.90 16 110.60 Kaveri Seed [2] 659.40 664.50 660.00 669.40 648.05 150.99 763.00 473.00 13 664.30
AartiSurfact 698.20 685.30 691.20 714.80 675.00 120.70 810.00 418.05 - - CGPowr&InS [2] 432.45 439.45 439.00 448.40 429.00 1610.97 501.75 276.90 76 437.55 Goldiam Int [2] 201.90 188.80 203.00 207.90 187.00 1445.42 208.40 120.05 33 188.60 KAYA Ltd 358.85 340.65 360.00 368.80 336.00 27.22 395.90 241.00 - 342.15
Aarvee Den 37.05 37.30 38.80 40.75 36.70 355.35 43.12 16.75 - 37.11 ChaletHotels 819.15 817.35 819.00 836.85 798.00 166.32 839.00 349.70 68 814.05 GoodLuck St [2] 1042.05 1009.85 1056.00 1056.00 985.00 78.10 1168.80 365.60 26 1006.75 KaynesTech 2903.35 2865.40 2950.00 2950.00 2848.00 85.57 3000.00 833.25 - -
AarviEncon 136.25 133.20 137.25 138.00 132.65 15.97 183.90 100.50 - - ChamanLalSat 220.35 213.75 223.95 224.15 211.95 172.04 263.90 148.35 - - GP Petrol [5] 68.25 62.05 67.30 69.85 61.20 291.51 81.46 30.90 13 61.73 KBCGlobal 2.15 2.05 2.15 2.15 2.0515559.41 3.15 1.90 - -
AavasFinance 1408.50 1385.45 1426.75 1426.75 1370.00 220.94 2045.00 1335.00 23 1384.15 Chamb.Frt 362.00 354.95 362.00 364.15 354.00 1439.28 402.00 248.55 11 355.35 Granuels [1] 419.20 422.15 420.85 429.95 417.80 1997.58 441.10 267.85 22 422.05 KCP [1] 201.30 214.80 203.90 234.00 203.00 9481.25 233.70 91.60 140 214.80
AbansHolding 325.70 320.95 327.00 338.00 317.95 114.56 355.50 201.95 - - ChembonChem 510.65 480.00 502.00 510.00 468.00 144.03 442.45 213.00 17 420.80 Graphite [2] 584.05 546.35 588.00 601.85 544.05 1592.63 626.00 251.75 66 546.80 KCP Sug [1] 50.45 40.40 40.40 43.75 40.40 3695.11 33.40 15.75 - -
ABB India [2] 4489.45 4428.40 4484.90 4552.30 4400.00 149.59 4984.30 3006.35 78 4417.60 ChemconSpecl 266.80 255.80 260.10 263.00 253.80 163.18 319.45 221.00 - - Grasim [2] 2168.50 2147.35 2175.00 2199.00 2138.10 1229.13 2198.00 1521.92 96 2144.35 KDDL Ltd 2681.70 2527.80 2722.15 2722.90 2490.05 17.00 3110.00 984.65 58 2521.00
Abbott 28083.70 28477.80 28083.75 28696.65 27831.05 31.27 28814.95 19900.00 53 28457.90 ChemfabAlkal 415.05 419.65 419.05 440.90 415.05 101.64 448.00 213.05 - - Gravita [2] 891.90 880.05 891.95 911.55 876.00 162.30 1167.05 441.05 33 880.90 KEC Intl [2] 658.85 655.00 657.35 670.00 637.00 331.52 739.00 442.80 200 654.50
ABBPowerPro 6190.60 6008.40 6198.00 6298.00 5970.05 45.08 6520.00 2925.40 - - ChemplastSan 469.40 457.50 472.30 480.95 452.05 79.84 543.25 342.05 - - GreenlamInd[1] 543.50 522.80 542.90 544.00 519.00 73.45 626.15 282.60 44 519.00 KEI Ind [2] 3320.00 3220.65 3348.90 3348.90 3200.00 114.56 3420.00 1553.55 53 3221.70
ABCapital 187.90 180.40 189.35 189.35 179.70 4709.13 199.40 137.00 - 180.35 CheviotComp 1395.30 1377.25 1395.25 1395.25 1372.30 2.66 1626.70 960.30 - - GreenPly [1] 225.65 217.95 227.85 230.85 217.05 235.75 268.00 133.85 32 217.95 Kellton Tech [5] 102.70 98.40 104.00 105.45 97.40 1505.53 111.60 40.53 - 98.26
ACC 2628.05 2636.35 2646.00 2691.45 2610.50 785.12 2691.00 1593.50 30 2635.80 ChoicInternl 563.40 557.45 568.25 568.50 552.05 324.16 568.50 251.00 - - GrenpanelInd 383.25 381.10 383.30 386.00 373.55 167.46 449.90 255.00 - - Kesoram In 169.25 169.50 169.25 171.80 168.65 1242.26 180.00 54.75 - 169.20
AccelyaKal 1826.05 1850.25 1844.95 1913.90 1803.10 69.20 2005.30 1068.05 24 1851.80 CholaIn&Fin [2] 1122.30 1101.55 1130.00 1133.95 1098.00 850.21 1309.75 709.85 29 1101.20 Grindwel [5] 2218.00 2241.65 2240.00 2271.25 2201.05 24.30 2494.55 1717.50 63 2237.85 Kewal Clo 748.60 752.30 741.80 758.00 738.05 18.94 825.85 364.85 31 743.45
Action Con [2] 1103.80 1106.35 1113.70 1125.95 1092.50 402.44 1175.00 337.45 47 1104.05 CholamanFin [1] 1122.60 1134.20 1136.25 1141.40 1085.00 111.68 1282.75 512.65 350 1131.75 GRInfraproj 1291.40 1228.65 1288.00 1299.00 1211.25 41.42 1381.00 930.00 - - KeynotFinSer 169.35 203.20 203.20 203.20 193.05 208.36 203.20 77.70 - -
ADANI ENERGY 1054.70 1069.45 1059.00 1096.20 1045.75 3927.22 1250.00 631.50 - - CIEAutomotIn 484.75 484.45 487.50 491.00 480.00 434.77 579.75 331.65 - - GrmOverseas 189.75 179.90 192.40 192.40 177.10 132.24 322.00 159.00 - - KeystnRealtr 643.60 650.20 646.85 667.00 627.30 37.16 750.00 416.05 - -
Adani Ports [2] 1271.50 1249.35 1278.00 1279.75 1243.90 2204.82 1290.80 533.65 95 1249.55 Cigniti Tech 1027.90 1031.90 1029.05 1059.95 1021.00 236.14 1203.15 665.05 24 1032.20 Grvs.Cot [2] 165.70 151.60 166.40 166.60 150.45 2289.04 175.50 118.70 20 151.60 KFinTech 679.30 660.10 679.00 701.00 652.00 515.08 701.00 272.00 - -
ADANI WILMAR 344.95 338.40 346.90 348.40 337.00 1142.90 509.00 285.80 - - Cineline Ind [5] 137.35 124.35 140.90 141.85 116.00 101.40 186.00 70.00 - 122.95 GSFC [2] 254.70 230.80 257.65 257.85 227.45 6458.87 322.45 116.10 12 230.55 KhadimIndia 392.60 354.05 413.95 413.95 353.35 75.95 424.30 174.90 51 354.30
AdaniEntprs [1] 3215.20 3169.75 3229.00 3241.95 3160.00 1083.14 3275.00 1103.00 141 3168.10 Cinevistaas [2] 20.30 18.50 20.10 20.35 18.35 161.98 24.40 9.00 - 18.51 GSPL 384.00 352.00 384.60 387.95 345.25 1799.82 407.30 254.75 17 352.30 KhatnChm&Fer 81.45 75.35 81.50 82.50 72.70 591.14 96.25 56.30 - -
AdaniGreenEn 1880.70 1842.60 1888.05 1908.00 1830.00 2383.16 1991.60 439.35 - 1845.60 Cipla [2] 1439.75 1434.75 1440.00 1452.75 1425.00 453.46 1457.20 852.00 35 1435.60 GSS Info 175.10 153.50 172.00 173.90 151.55 116.87 244.00 147.25 142 154.40 Kingfa S&T 1945.05 1901.80 1995.00 1995.00 1879.00 10.75 2595.05 1243.25 18 1911.95
AdaniTotlGas 1023.75 1025.25 1033.70 1061.90 1014.00 4800.29 1259.40 522.00 - - CitiUn Bk [1] 132.85 130.80 134.50 134.60 130.40 4900.77 167.65 119.50 10 130.85 GTL Infra 2.40 2.50 2.50 2.50 2.5031208.62 2.55 0.64 - 2.55 Kiocl 424.55 372.25 430.75 432.40 365.10 735.30 520.00 165.20 - 372.50
ADF Foods [2] 197.40 186.45 197.40 198.90 183.00 236.54 262.45 133.39 28 186.70 CleanSci&Tec 1405.70 1395.25 1430.00 1430.00 1386.05 87.97 1622.00 1227.10 - - GTPLHathway 194.30 185.30 195.85 196.70 184.00 231.05 217.65 93.50 26 184.70 Kiri Ind 381.25 378.65 383.80 388.80 366.05 788.95 453.90 262.10 - 378.00
AditBirSunLf 479.50 469.70 484.80 485.00 469.00 57.23 511.95 307.00 - - Cleducate [5] 93.65 89.05 93.60 96.35 87.10 176.40 113.95 48.80 52 88.45 Gufic Bio [1] 331.05 324.95 330.05 343.20 322.15 246.07 364.00 177.10 40 323.85 Kirl.Bros [2] 1004.25 930.20 1025.95 1026.20 892.70 64.68 1060.00 352.30 38 914.35
AdityaBirFas 252.85 240.75 252.85 254.65 239.05 7013.24 265.75 184.40 - 240.65 CMSInfoSystm 365.30 365.80 368.50 368.85 358.15 448.75 421.40 260.80 - - Guj.Alk 801.70 788.10 795.00 806.80 768.25 190.71 844.00 556.05 18 784.85 Kirl.Elec 144.60 116.10 145.75 147.00 115.70 2171.92 100.80 26.95 22 -
Ador Weld 1483.10 1453.40 1475.00 1488.00 1442.00 19.01 1770.00 804.85 30 1451.80 Coal India 456.20 432.80 457.00 457.45 430.0519472.35 468.50 207.70 18 433.05 Guj.Ind.Pow 205.40 186.20 207.15 207.15 182.30 1073.45 237.20 70.71 14 185.65 Kirl.Ind 4179.35 4032.60 4131.55 4150.55 4001.00 3.97 4249.95 2012.85 51 3995.90
AdvancedEnz [2] 381.75 384.65 405.00 407.60 377.80 1046.18 406.15 225.00 35 383.95 CoastalCorpn 295.95 284.15 286.05 303.85 281.80 28.33 354.15 165.90 - - Guj.Pipav 178.85 170.75 179.90 179.90 166.75 3628.68 193.60 95.00 24 170.75 Kirl.Oil [2] 846.55 837.35 852.00 884.40 756.00 617.93 883.65 305.05 41 812.00
Advani Hot [2] 150.85 158.40 153.90 163.00 150.95 322.09 169.95 66.75 29 158.75 CochinShip [5] 882.65 805.40 882.00 882.00 790.00 3682.53 944.65 205.50 39 805.65 Gujarat Gas [2] 582.90 560.45 580.30 585.70 558.75 848.48 620.60 397.20 31 560.00 KirloskrPneu 657.90 678.85 659.10 683.60 657.55 96.55 699.85 541.05 - -
Aegis Log [1] 373.85 365.55 374.95 382.35 363.05 319.27 410.20 280.00 29 365.85 CoffeeDayEnt 59.15 57.00 60.05 60.20 55.55 4846.52 68.59 26.40 - 56.80 GujaratFluor 3520.45 3425.20 3535.00 3582.60 3402.25 55.12 3920. Kitex [1] 260.25 255.20 261.00 265.45 251.55 258.60 287.20 135.50 37 255.05
AeroflexInd 151.00 145.60 151.30 152.45 145.00 532.49 196.35 140.90 - - Coforge 6500.75 6666.20 6549.90 6733.70 6501.50 881.05 6789.00 3564.75 - - G m KM Sug [2] 35.55 33.55 35.75 36.25 32.15 925.51 39.20 22.83 15 33.74
AetherIndust 866.30 858.15 870.00 879.00 849.50 54.44 1209.00 778.00 - - Colgate [1] 2534.15 2515.15 2534.15 2545.00 2503.55 88.30 2604.65 1437.50 54 2512.20 G O KNR Con [2] 272.15 261.90 272.95 273.50 260.15 1003.93 305.25 226.20 17 262.60
Affle(India) [2] 1114.25 1115.95 1128.90 1144.90 1102.50 200.24 1336.45 875.25 215 1113.45 COMMERCSYN 88.75 82.70 87.60 87.65 79.75 40.93 111.80 70.05 - - G P Kokuyo [1] 137.15 127.90 139.30 139.30 124.90 206.50 179.30 66.80 30 128.55
Agarwal Inds 1079.05 1017.00 1089.30 1089.30 1001.00 47.80 1154.25 530.85 31 1015.30 ComputerAge 2905.25 2856.90 2929.00 2963.15 2814.80 230.38 3024.95 2010.00 - - G KP w KoltePatil 489.00 481.40 486.05 490.95 471.20 108.21 584.00 231.00 311 482.15
AgiGreenpac 819.00 778.60 828.00 829.90 771.10 145.94 1089.00 305.00 - - Con.FinHld 262.00 250.45 262.00 269.60 250.00 23.22 78.40 26.55 - - Kopran 271.15 254.15 272.90 282.95 243.40 772.73 292.40 96.00 49 254.90
Agro Tech 843.10 880.80 846.55 925.00 843.55 113.40 962.00 741.50 166 884.75 Concor [5] 943.35 913.65 951.95 951.95 906.50 2251.41 971.60 555.00 46 912.70 H Kot.Mah.Bk [5] 1742.45 1709.55 1743.00 1749.00 1691.10 4506.49 2063.00 1644.20 26 1710.05
AgroPhosInd 53.65 50.05 55.00 55.00 49.50 204.26 65.75 29.90 - - ConcrdBiotec 1457.10 1436.10 1453.50 1459.45 1411.50 121.83 1607.00 900.05 - - H M Kothari Pet [5] 141.55 129.75 136.00 140.90 126.10 311.82 0.15 0.05 - -
AhladaEnggrs 137.85 132.25 139.85 140.85 130.00 67.14 164.15 80.25 - - ConfdnPetInd[1] 93.25 93.50 97.50 101.70 92.35 5882.37 104.65 55.28 26 93.65 H Kothari Pro 157.35 149.60 156.05 159.75 142.35 35.09 185.70 98.15 84 149.40
Ahluwalia [2] 891.70 887.05 891.70 908.00 878.10 49.62 930.60 448.60 27 885.05 ControlPrint 846.55 882.75 841.05 896.00 831.30 78.99 1076.85 441.30 25 882.15 H w Kothari Sug 65.60 60.45 65.00 65.60 58.60 1133.83 15.85 4.45 - -
AIA Engg [2] 3936.40 3932.60 3940.00 3978.60 3900.00 55.36 4624.50 2621.00 38 3925.60 Corom.Intl [1] 1087.50 1079.90 1093.65 1095.95 1073.40 135.47 1287.95 842.00 18 1079.10 H mP KPIGrenEnerg 2118.55 2012.65 2200.00 2210.00 2012.65 297.83 2417.75 390.00 - -
Ajanta Phr [2] 2166.05 2171.30 2178.50 2180.90 2111.55 96.46 2355.05 1136.80 36 2171.85 Cosmofirst 574.10 571.20 578.75 601.90 566.00 78.31 773.05 550.05 - - H M Kpit Tech 1727.85 1708.00 1727.85 1764.00 1692.40 1305.97 1764.00 741.00 - -
Ajmera 628.00 680.10 643.95 703.55 625.90 765.68 723.60 244.35 31 682.05 CPCL 893.15 824.40 890.00 898.65 816.20 1224.88 980.00 222.90 4 823.55 H KPR Mill [1] 753.10 746.20 752.95 759.00 740.00 109.21 927.40 536.00 54 745.30
AKGEximLtd 22.10 21.30 22.75 22.75 20.75 168.65 35.00 20.75 - - CraftsmnAuto 4157.05 4121.00 4180.00 4250.65 4102.70 45.54 5513.65 2735.00 - - H w KRBL [1] 359.15 354.30 359.90 360.90 352.25 148.63 471.00 320.00 12 354.20
AksharChem 268.85 266.40 264.15 273.90 262.70 13.54 329.85 201.30 - 267.25 CrdtacsGramn 1596.05 1624.80 1608.35 1660.00 1601.00 544.13 1794.40 876.10 19 1624.90 H KrisnaInsMed 2169.35 2128.25 2193.50 2193.50 2106.10 43.93 2229.90 1282.00 - -
Akzo 2875.90 2793.50 2890.30 2890.30 2780.00 13.13 3076.40 2105.10 31 2794.80 CreatPer&Dis 807.90 830.75 815.15 857.70 805.00 59.45 915.00 358.30 - - H KrisnaPhoscm 223.35 221.15 223.35 223.50 220.05 32.89 559.40 220.05 - -
AlbertDavid 1387.65 1306.00 1375.00 1460.10 1265.50 17.19 1605.00 508.35 11 1300.10 CredBrandMkg 248.95 244.75 248.00 250.15 241.10 220.31 324.80 241.10 - - HB Pw KritiIndust 150.75 150.05 160.15 166.50 146.00 1054.20 166.50 88.25 - -
Alembic [2] 101.90 98.05 102.40 102.90 97.10 1899.76 106.60 55.52 29 97.95 Crest Ventu 466.25 468.10 461.50 477.00 453.40 63.46 510.00 144.40 24 471.35 HCC KritNutrient 114.05 110.95 118.65 118.65 110.00 77.46 128.90 69.15 - -
Alembic Ph [2] 967.60 971.35 967.50 978.10 944.05 93.03 1033.15 463.30 32 968.95 Crisil [1] 4543.45 4531.05 4543.45 4572.50 4451.20 23.73 4649.85 2974.00 61 4524.15 HCG KrsnaaDiagns 707.65 692.20 711.20 723.20 687.00 75.33 767.90 353.10 - -
Alicon [5] 965.10 901.05 966.05 966.05 890.00 31.06 1068.00 645.00 35 904.20 CrompGraves[2] 286.95 283.70 288.60 288.60 282.40 2830.64 327.80 251.25 42 284.05 HC KSB 4004.15 3585.25 4019.00 4035.95 3551.50 50.50 4081.85 1815.05 - -
Alkali Met 129.85 123.35 129.95 129.95 123.35 29.36 163.15 85.25 77 122.80 CSBBank 383.05 375.70 380.80 382.05 369.65 242.82 421.95 218.00 11 375.05 HD C MC KsolvesIndia 1213.70 1193.80 1229.95 1238.90 1183.25 19.07 1467.40 993.35 - -
AlkemLabs [2] 5327.90 5149.35 5320.00 5320.00 4967.45 343.10 5410.80 2835.05 36 5149.85 CSLFinance 464.70 456.50 468.20 468.65 443.00 57.89 517.70 189.10 - - HD C B KuantumPaper 161.40 157.40 165.95 165.95 156.40 197.33 225.85 114.15 - -
Alkyl Amine [2] 2218.15 2167.20 2225.00 2250.00 2157.00 38.59 2794.60 2119.05 70 2165.60 CUMI [1] 1133.30 1150.45 1132.00 1180.00 1127.75 106.96 1300.00 924.15 62 1148.85 HD C
Allcargo [2] 77.80 75.65 79.30 79.30 75.05 1177.24 97.70 61.50 28 75.64 CumminsInd [2] 2602.95 2567.55 2623.00 2623.00 2551.55 1134.38 2642.45 1481.10 50 2564.20 H U L ..............................................
ALLCARGO GATI 119.05 113.75 119.45 120.20 112.80 414.68 177.65 97.50 - - Cybertech 177.95 160.55 168.95 175.90 159.00 443.23 215.40 85.00 37 160.15 H G
Cyient [5] 2192.25 2167.10 2192.25 2212.70 2142.25 128.10 2457.00 887.00 49 2166.40 L&T [2] 3324.55 3299.55 3330.00 3339.15 3287.00 1922.27 3738.90 2083.05 49 3299.40
AllcargoTerm 66.45 63.30 67.05 67.50 62.80 1063.74 82.50 31.30 - - H
CyientDlm 775.60 761.85 789.00 804.40 750.00 729.02 804.40 403.00 - - L&T Fin Hld 171.50 166.75 172.00 172.50 165.55 3555.81 179.00 78.97 31 166.75
Allied Dig [5] 159.75 153.95 161.90 162.95 151.60 345.48 201.40 71.50 53 153.80 H m PR L&TTechSer [2] 5565.80 5571.40 5585.00 5678.90 5544.00 229.63 5675.00 3281.05 47 5570.90
Allsec 715.80 709.40 725.00 750.00 705.30 28.55 825.00 420.00 18 711.80 H La Opala [2] 358.40 360.55 358.40 363.40 355.05 94.72 479.65 326.35 32 358.70
Alpha Lab 106.40 102.90 107.80 114.30 102.00 229.34 115.00 50.06 12 103.04 D .............................................. H H LagnamSpintx 115.50 123.90 117.55 135.70 113.45 282.05 135.70 60.75 - -
Alphageo 368.90 349.00 385.00 385.00 343.70 48.27 405.35 200.00 54 349.75 Dabur [1] 539.20 536.55 539.20 543.75 535.40 1454.04 596.90 504.00 64 536.30 H LakFinIndCor 215.50 205.65 224.00 224.00 200.85 15.59 248.60 94.05 - -
AmaraRajEner 870.70 845.45 870.70 874.45 843.00 348.96 915.55 546.00 - - Dalm.B.Sug [2] 404.15 398.55 406.20 406.20 395.85 46.60 490.05 310.50 11 397.50 H M
e2085190

e2085190
LambodhText[5] 170.25 163.90 171.95 173.00 157.60 41.99 240.40 130.10 21 164.40
AmberEntp(I) 4157.65 3696.60 3700.00 3900.00 3564.80 675.77 4615.20 1762.25 240 3691.20 DamodarInd [5] 58.50 54.35 60.00 60.00 52.15 65.20 68.05 37.00 41 55.21 H B
AmbigaAgar 39.40 37.65 40.25 40.30 36.90 106.60 43.06 19.11 - 37.81 Landmark [1] 11.20 10.15 11.40 11.45 10.10 474.94 11.71 5.10 - 10.12
DangeeDums 11.70 11.45 12.10 12.10 11.40 233.49 19.35 9.25 - - H C LandmarkCar 818.70 746.30 799.70 818.00 743.30 419.79 905.00 482.10 - -
Ambika Cot 1662.05 1621.40 1664.95 1673.00 1605.70 16.46 1889.95 1310.50 14 1621.60 Datamatics [5] 674.35 618.30 672.00 672.00 614.40 336.87 790.20 272.00 36 617.80 H
AmbujaCeme [2] 576.20 563.50 582.10 587.20 560.25 3475.74 587.00 324.30 47 564.15 LasaSuperGen 32.85 31.20 32.85 33.00 31.20 85.50 40.95 17.25 - 31.19
DataPatrnInd 1875.60 1851.15 1879.95 1900.00 1836.00 83.40 2485.00 1179.00 - - H C LatntViewAnl 507.85 512.80 508.85 534.30 497.25 1900.75 544.80 310.45 - -
Amines&Plast 205.80 193.85 207.90 207.90 191.00 15.44 235.35 149.00 - - DavangrSugar 98.20 87.65 103.65 115.00 86.00 398.05 115.00 86.00 - - HG
AmiOrganics 1103.75 1048.65 1123.00 1123.00 1035.00 199.76 1388.95 861.00 - - LatteysInd 20.30 19.30 21.30 21.30 19.30 1347.82 45.55 19.00 - -
DB Corp 296.80 278.20 300.85 305.50 275.85 343.21 373.50 92.85 14 278.20 H LaurusLabs [2] 392.50 390.90 394.05 403.70 388.50 1426.97 444.50 279.65 103 391.20
AMJLandHold[2] 38.75 36.80 38.20 40.75 36.50 186.28 45.75 18.76 20 36.74 DB Realty 275.40 256.80 275.40 277.90 253.30 2372.77 284.95 55.05 17 256.05 H
Amrutanjan [1] 586.30 632.00 665.25 679.80 620.00 1267.57 774.75 552.85 42 634.60 LaxmiOrgInd 258.70 255.30 259.95 263.25 253.80 663.33 320.95 220.50 - -
DB Stk [2] 42.95 45.95 47.00 47.15 44.10 425.45 48.97 22.00 28 45.76 H M LemonTreeHot 136.30 132.00 136.20 136.25 131.60 3082.82 146.45 72.85 114 131.95
AnandRathiWe 3416.30 3268.50 3416.30 3416.30 3242.40 181.39 3548.00 735.55 - - DCB Bk 131.70 125.35 131.80 133.40 124.35 2502.92 163.40 96.70 8 125.15 Hm
Anant Raj [2] 346.20 342.70 349.80 355.60 336.60 3558.30 355.75 101.15 100 340.85 LG Balakri 1268.30 1216.75 1274.65 1286.60 1207.00 38.93 1409.40 647.65 15 1218.20
DCInfo&Commn 231.25 219.70 237.45 237.45 219.70 21.40 252.20 107.50 - - H C m LGB Forge [1] 13.15 12.50 13.00 13.15 12.50 496.57 14.74 7.30 - 12.50
Andhar Sug [2] 111.25 107.00 111.30 111.95 105.00 424.26 129.00 99.95 14 107.45 DCM 88.65 83.50 89.00 93.55 81.50 95.21 104.00 62.01 - 83.57 H C
AndhraCement 122.60 121.35 124.00 126.90 117.40 70.05 158.25 78.15 - - LibasDesigns 23.40 23.40 23.40 24.90 23.00 430.91 27.35 9.85 - -
DCMNouvelle 181.55 174.60 186.95 187.00 173.00 37.19 214.75 127.00 - 174.40 H M LIC of India 1080.85 1022.45 1112.05 1125.00 1010.1011741.69 1175.00 530.05 - -
AndhraPaper 525.15 519.50 530.75 542.00 513.00 256.05 674.90 391.30 - - DCMShriram [2] 998.35 979.45 1005.50 1005.50 975.00 52.23 1175.00 730.05 30 980.65 H M
AngelOne 3394.35 3204.20 3400.00 3418.15 3180.00 209.28 3896.00 999.00 - - LICHsgFin [2] 650.20 620.45 651.05 653.50 616.35 1869.68 669.40 315.45 7 620.45
DcmShrirmInd 197.20 190.35 196.80 203.55 182.65 721.36 208.00 59.00 - - H O LikhithaInfr 278.95 260.70 281.90 282.00 254.55 205.05 343.00 224.05 - -
AnjPortCem 218.30 218.50 222.05 225.00 208.25 81.96 231.00 140.40 - 218.45 DCW [2] 65.65 59.95 65.65 65.80 59.00 7521.90 72.40 40.00 19 59.85 H R
AnmolIndia 59.05 57.05 59.40 59.95 56.70 362.53 68.00 38.80 - - LINC 565.60 532.00 576.25 576.25 528.70 51.30 900.00 452.55 - -
DCXSystems 342.35 325.80 345.20 349.00 323.00 1038.47 393.00 138.00 - - H Lincoln Phar 659.20 627.15 662.50 671.90 620.00 136.18 706.45 316.95 14 628.00
AntnyWastHdg 501.70 488.40 504.10 504.10 481.10 248.08 579.10 241.80 - - De Nora 1458.20 1454.70 1467.20 1485.30 1432.90 17.05 2334.00 821.00 30 1455.25 H
AnupamRasayn 922.50 830.45 923.00 926.85 810.05 352.65 1234.00 607.00 - - Linde Ind 5608.20 5568.15 5644.00 5644.00 5537.20 38.39 6885.95 3414.20 113 5560.35
DebockIndust 9.45 9.30 9.60 9.80 9.25 2241.11 11.85 8.00 - - H G LloydEngWork 51.20 47.40 51.70 51.85 47.00 4127.48 57.30 39.60 - -
Apar Ind 6147.90 5957.60 6186.00 6264.15 5903.50 71.45 6523.00 2140.00 29 5943.70 Deccan Cem [5] 630.30 613.50 633.45 650.00 610.05 53.00 649.85 388.00 21 616.25 H
Apcotex Ind [2] 469.05 458.15 471.35 475.10 456.00 37.86 589.05 398.00 38 459.35 LloydMetals 558.90 547.05 562.80 562.90 530.05 247.50 686.70 492.00 - -
DeepEneResou 178.90 171.15 176.20 179.30 166.65 30.98 237.00 135.30 - - H LMW 13778.85 13616.60 13847.75 13847.75 13608.80 6.90 15501.00 9030.95 36 13573.85
ApexFznFoods 260.60 219.05 231.00 242.00 217.50 947.89 285.40 185.00 63 218.90 DeepIndust 254.55 234.35 252.00 254.75 232.90 278.06 298.50 140.10 - - H M
APL Apl [2] 1342.60 1351.05 1358.95 1366.00 1338.00 491.01 1806.20 1046.55 68 1349.25 Lok.Mach 380.25 376.75 388.95 394.95 360.20 172.27 412.95 105.00 73 377.80
Deepk.Fer 515.30 500.05 515.50 517.10 497.85 654.66 715.00 498.25 23 500.50 H G LordChlrAlka 137.80 129.95 138.50 140.05 125.30 58.78 195.00 125.30 - -
ApolloHosp [5] 6437.35 6614.45 6464.90 6677.80 6375.00 709.95 6675.05 4078.40 95 6615.80 Deepk.Ntr [2] 2215.15 2197.90 2216.00 2251.00 2189.00 154.95 2520.00 1735.00 66 2196.50 H P
ApolloPipes 779.60 743.35 772.95 776.65 732.20 390.44 798.65 480.60 - - Lotys Eye 73.60 70.20 73.60 75.95 64.05 153.01 110.90 56.30 36 70.69
Delhivery 440.50 419.40 440.50 447.80 412.20 1477.34 488.00 298.10 - - H G
ApolloSindo 2164.10 2135.75 2190.00 2197.95 2088.95 5.11 2652.00 1486.00 - - Lovable 147.90 140.40 151.00 151.00 135.25 78.18 171.50 84.15 84 141.85
DelphWrldMon 276.15 265.70 283.80 284.00 265.00 27.31 473.15 264.10 - - H
ApolloTyr [1] 509.90 512.65 518.00 520.95 508.25 2572.74 559.85 303.35 27 512.75 LT FOODS 189.35 181.40 189.35 190.90 180.50 716.52 234.60 90.00 - -
Delta Corp [1] 140.85 137.85 141.65 142.50 137.10 2106.40 259.95 124.60 18 137.90 Hm
Aptech 228.65 208.70 230.00 236.65 206.05 1014.32 422.75 206.25 18 208.90 LTIMINDTREE 5453.30 5516.50 5469.95 5548.00 5464.55 421.08 6442.00 4132.20 - -
Den Net 60.65 55.15 61.00 61.70 54.50 6950.10 69.40 25.40 9 55.20 H w Hm
AptusValHsg 357.35 350.40 357.05 363.25 345.20 300.39 392.00 234.05 - - Lumax tech [2] 403.15 388.90 405.20 405.90 385.50 103.18 469.00 210.20 37 388.15
DevyaniInter 154.25 151.85 156.50 156.50 149.85 1849.57 227.50 133.95 - - H m
ArcheanCheIn 639.10 646.05 643.60 656.65 622.00 582.06 731.80 494.15 - - Lumx Ind 2382.80 2260.15 2404.95 2425.00 2202.70 22.71 2815.45 1637.70 27 2257.65
Dhamp.Sug 255.35 247.75 256.75 257.70 246.00 243.68 325.55 202.25 12 248.15 H C m
Archidply 101.40 95.45 100.00 103.00 94.50 33.91 110.63 49.70 20 96.00 Lupin [2] 1622.10 1594.45 1601.00 1626.00 1583.85 1003.80 1701.00 628.10 35 1595.70
DhamprBioOrg 142.00 135.85 142.00 142.70 135.05 228.42 191.70 116.10 - - H
Archies [2] 34.25 33.25 35.50 35.50 33.00 190.32 37.65 15.65 - 33.25 Lux Indust. [2] 1208.10 1210.55 1214.00 1219.85 1195.00 60.59 1720.80 1122.60 33 1208.20
DhaniService 39.15 37.00 39.00 39.60 36.70 4747.74 45.90 36.70 - -
Aries Agro 266.15 250.45 265.90 271.45 248.00 125.02 317.00 143.60 20 250.55 Lyka Labs 132.40 124.25 136.25 136.25 123.00 102.31 143.50 89.00 - 123.85
Dhanlk.Bk 45.75 43.50 46.25 46.80 43.50 2677.69 58.70 13.50 12 43.46 HP
ArihantSuper 375.65 345.75 375.85 380.75 332.00 93.24 416.65 157.75 63 345.35 Lypsa Gem 8.00 8.40 8.30 8.40 8.30 1521.01 8.38 3.49 - 8.38
Dhanuka Ag [2] 1067.50 1031.75 1071.15 1090.00 1004.00 55.48 1294.90 603.05 19 1029.95 HPC
ArihntCapMkt 74.60 71.25 75.20 75.85 70.50 872.30 84.35 33.25 - - DharmjCrpGrd 233.50 223.60 233.50 234.20 221.00 167.21 290.00 137.00 - - HP &P w
ArmanFinServ 2294.15 2204.00 2275.00 2291.90 2180.05 23.65 2676.10 1189.45 65 2204.75 DhruvConsult 75.20 79.75 76.90 82.70 74.25 299.13 98.45 43.10 - - H G&U D M..............................................
ArowGreenTec 437.70 431.75 441.40 444.85 424.05 77.16 516.40 171.75 18 430.55 Dhun.Inv 1402.00 1209.85 1400.00 1419.00 1183.70 21.77 1630.00 562.00 37 1202.75 H M M&M [5] 1646.40 1660.45 1654.00 1675.05 1640.55 1197.93 1758.00 1124.00 20 1659.95
ArtemsMedSvc 176.95 169.15 175.55 176.85 165.70 177.29 193.70 61.45 - - Dhunseri Tea 232.55 215.25 232.55 235.00 215.00 30.89 274.85 181.00 - 215.50 H w M&M Fin [2] 288.85 280.55 290.05 290.50 279.50 2548.45 346.40 215.70 19 281.05
ArtiPharmLab 510.90 495.45 508.00 519.75 492.25 209.05 566.95 269.00 - - DhunseriVent 489.15 440.25 466.10 474.25 440.25 220.87 558.70 211.05 - - H m Maan Alum [5] 153.85 154.10 155.00 157.45 148.85 135.39 172.25 35.53 18 154.50
Arvind 292.75 271.95 292.75 294.60 268.00 721.92 319.05 77.70 24 271.55 Diamine&Chem 469.40 460.25 478.80 478.80 458.25 10.65 588.30 446.10 - - HU MacrotecDeve 1088.80 1032.60 1098.00 1114.45 1021.25 371.63 1225.95 529.85 - -
ArvindFash [4] 504.85 464.15 505.25 505.25 459.65 394.87 533.35 261.05 130 465.20 Digicontent [2] 24.05 23.15 24.90 25.40 21.90 432.57 25.41 13.39 - 23.05 MadyaBharat 258.50 252.80 258.55 260.70 243.20 34.77 669.90 243.20 - -
ArvindSmart 593.15 578.15 595.65 604.30 560.05 104.42 688.75 225.00 68 577.50 DigispiceTec 37.30 35.45 37.85 38.30 35.45 226.06 41.30 27.45 - - MagadhSug&En 643.55 633.70 651.60 655.45 628.55 11.58 856.20 286.95 10 632.70
Asahi India [1] 546.65 520.30 552.90 553.25 517.20 140.90 651.20 419.80 38 517.90 DilipBuildco 411.90 388.10 414.40 416.60 385.50 861.61 439.35 159.70 20 388.05 Magn.Ven 60.75 63.55 61.90 63.75 59.00 246.54 77.45 24.05 11 63.64
Asahi Song 308.40 305.10 303.85 313.40 303.85 16.64 333.70 171.10 - 307.05 H
Dish TV [1] 21.95 19.65 21.40 22.50 19.2085380.27 24.80 12.40 - 19.79 R Mah.Holi 411.45 392.90 406.00 419.25 390.00 138.86 469.80 256.40 44 392.55
Ashiana [2] 311.35 291.55 313.90 314.90 288.25 180.59 343.05 137.90 54 291.85 DishmanCarb[2] 201.70 190.60 201.70 205.00 189.25 531.50 217.90 89.75 - 190.50 Mah.Life 588.30 588.20 588.30 608.50 582.50 550.13 632.80 316.10 - 587.65
Ashima 23.55 20.95 23.95 24.00 20.60 1632.66 26.30 12.05 - 20.98 M R
DivgiTorTran 864.80 839.90 890.00 890.05 835.10 27.47 1150.00 560.00 - - CC B Mah.Scoot 7605.05 7530.25 7555.50 7645.00 7499.00 3.11 8600.00 4051.10 43 7532.85
Ashok Ley [1] 173.45 171.35 174.35 174.35 170.3014119.01 191.45 133.10 20 171.30 Divi'sLabs [2] 3652.30 3740.15 3650.00 3818.60 3645.70 1303.18 4072.35 2730.00 73 3740.25 Mah.Seam [5] 983.45 931.65 983.40 1004.55 917.05 196.07 1099.05 299.75 12 930.55
Ashoka Bld [5] 175.75 160.35 178.35 178.35 158.15 2642.52 195.55 71.30 16 160.45 CC m GC
DixonTec(In) [2] 6277.90 6269.20 6295.00 6321.10 6202.90 169.27 6764.00 2581.80 182 6267.85 CC MahangrGas 1474.00 1451.75 1470.00 1486.95 1446.60 442.12 1558.85 864.65 11 1454.10
Asian Gran 66.35 64.25 66.50 66.70 62.90 1301.77 86.04 34.22 - 64.18 DLF Ltd [2] 834.40 807.60 833.00 837.60 803.35 2814.98 840.80 336.55 108 807.55 MahaRastApexC 140.75 137.35 145.40 145.40 136.00 30.25 183.95 84.50 - -
Asian Htl-E 175.05 153.20 175.05 178.20 148.15 110.20 195.95 82.10 17 154.85 CR
D-Link [2] 297.15 290.80 298.80 300.50 290.05 186.88 364.95 204.75 12 290.65 DB MahindEPCIrr 135.95 131.80 135.95 135.95 131.00 202.71 162.80 83.80 - -
Asian Paints [1] 2951.65 2953.80 2951.65 2964.95 2920.05 614.47 3566.90 2701.00 53 2956.60 DMCCSpecChem 311.60 293.70 305.00 307.15 291.20 41.62 369.80 228.25 - - MahindraLog 387.15 376.30 387.15 389.60 374.05 176.13 460.00 347.15 36 376.05
AsianEnrgSvc 314.30 299.05 319.35 319.40 298.60 46.28 344.25 51.50 - - DodlaDairy 989.65 967.10 985.00 1014.00 955.55 64.07 1084.10 431.20 - - Maithan 1076.70 1033.10 1099.00 1103.00 1021.00 123.06 1333.95 766.00 10 1035.30
AskAutomotiv 314.70 299.75 316.85 316.85 297.05 530.53 334.55 271.40 - - DolatAlgotec 86.90 79.30 86.95 86.95 78.30 719.73 93.40 39.25 - - Mallcom(Ind) 1069.00 1044.55 1069.00 1089.15 1035.00 8.30 1249.70 661.20 - -
AssoAlchohol 464.25 462.95 461.00 468.45 452.50 39.36 529.60 315.00 - - D C
DollarInd [2] 486.30 466.65 486.30 496.70 456.70 162.24 507.00 310.25 43 464.45 D C B Man Infr [2] 226.00 216.45 225.95 226.00 214.00 844.35 249.40 66.25 51 215.80
Aster Life 873.05 868.40 873.05 924.85 860.05 104.90 1540.00 848.00 - 868.05 DomsIndust 1556.70 1511.30 1572.85 1589.95 1471.55 135.95 1644.50 1225.60 - - Manaksia [2] 130.45 121.90 131.70 131.90 120.00 422.47 194.05 99.50 30 121.10
AsterDMHealt 436.30 442.45 441.85 450.00 437.80 1163.11 451.65 206.25 102 441.70 B
Donear [2] 103.90 101.30 103.50 103.90 99.10 463.10 121.65 75.20 17 101.30 B Manali Pet [5] 77.40 73.60 78.15 78.80 72.75 1135.81 87.15 56.75 - 73.63
Astra Mic [2] 646.65 615.40 649.85 651.35 610.40 427.04 690.00 213.15 78 613.75 DP Wires 539.90 525.10 545.00 547.95 516.90 31.02 724.95 340.55 - - Manap.Fin [2] 183.45 174.90 185.00 185.60 174.15 7721.86 193.35 101.15 10 174.80
Astral Poly [1] 1852.45 1938.40 1852.45 1955.00 1833.55 1545.74 2057.95 1297.90 92 1937.25 C
DPAbhushan 745.75 701.30 745.75 765.75 690.00 36.88 810.00 221.55 - - G R ManCoatMet [1] 32.20 35.40 34.50 35.40 34.10 251.28 40.00 13.90 25 35.56
AstraZen [2] 5722.35 5443.65 5722.35 5798.85 5363.85 29.37 7208.00 3102.00 85 5446.35 DPSC 23.25 22.10 23.55 24.00 22.10 1172.32 28.05 9.10 - - Mang.Cem 664.15 645.25 669.10 676.70 644.00 122.56 783.00 234.00 31 645.40
AtalRealtech 15.30 15.05 15.30 15.60 14.60 1673.46 88.80 11.55 - - GP
Dr Reddy [5] 6155.85 6333.50 6234.30 6388.45 6230.00 859.29 6390.00 4298.40 26 6333.80 Mang.Chem 129.25 122.50 130.70 130.90 120.60 785.67 156.25 72.45 7 122.85
AtamValves 203.20 192.60 210.00 210.00 190.65 47.07 270.00 136.00 - - DreamfolkSer 514.60 490.20 514.60 515.95 485.50 318.13 847.00 379.60 - - Mang.Drug 112.60 106.25 111.00 118.95 105.10 210.25 124.99 93.85 - 105.90
Atul 6374.50 6358.05 6431.20 6459.95 6329.45 27.04 7586.95 6120.00 47 6360.35 H
DrLalPathLab 2451.90 2458.75 2478.00 2505.00 2448.25 119.05 2766.85 1762.70 56 2457.45 MangalamGlob 21.95 20.90 22.45 22.45 20.30 230.36 24.95 12.65 - -
Atul Auto [5] 563.40 547.55 567.00 568.90 545.10 92.92 692.90 305.60 118 548.05 Dwarikesh [1] 83.80 81.10 84.40 84.50 80.95 1303.35 109.75 80.00 14 81.15 MangalamOrga 366.45 353.25 366.45 366.45 350.00 15.03 542.00 306.95 - -
AuroPharma [1] 1003.15 1018.65 1035.90 1035.90 1000.05 7764.03 1177.00 443.15 36 1017.95 Dynac.Sys 719.60 755.55 725.95 815.00 695.10 307.96 847.00 283.30 18 756.15 MankindPharm 2241.85 2211.15 2240.00 2250.00 2191.00 316.84 2297.40 1242.00 - -
AUSmallFinBk 603.90 594.70 608.00 609.45 585.50 5184.98 813.00 548.15 25 594.00 m W
Dynamatic 7156.10 6544.45 7275.00 7388.00 6373.40 31.39 7790.80 2431.05 132 6540.15 MP MANOJ VAIBHAV 317.30 317.55 315.95 322.95 310.00 67.29 382.00 202.00 - -
Ausom 95.00 98.45 97.50 102.55 96.00 98.48 104.40 51.40 47 98.07 DynamicCable 430.85 421.35 443.70 443.70 420.00 64.41 521.30 383.50 - - ManoramaInd 1880.60 1821.45 1843.15 1875.95 1806.00 14.66 2384.95 914.00 - -
Auto Axl 1963.05 1902.70 1979.35 1979.35 1899.00 15.54 2690.00 1900.50 17 1902.80 DynemicProd 262.20 258.40 262.25 264.85 256.30 16.04 424.35 231.85 165 258.60 Maral Over 83.15 77.05 81.50 83.50 75.00 52.58 102.00 44.20 - 77.24
Auto Stamp 648.40 587.60 652.00 652.90 583.60 188.99 720.00 246.15 58 587.05 B M
C MarathNxtg [5] 390.10 366.15 393.40 393.50 364.10 127.51 487.00 251.70 18 365.95
Autoline 132.35 138.00 135.20 144.40 133.50 1431.44 148.49 60.10 60 138.10
AvadSug&Egy 637.40 619.60 643.90 643.90 612.40 118.60 852.45 388.00 8 619.20
E .............................................. C m Marico Ltd [1] 520.65 525.20 520.50 526.40 519.80 529.41 595.00 462.95 64 525.50
EasyTripPlnr 51.10 48.90 53.20 53.55 48.2076097.06 54.00 37.00 - - G MarineElecIn 111.60 106.90 113.10 113.10 106.05 359.01 122.90 55.10 - -
AvalonTech 480.95 484.90 484.95 493.00 475.50 226.61 732.10 348.00 - - Marksans [1] 150.70 146.55 151.40 153.55 145.00 1396.89 179.10 64.33 56 146.70
Avanti Feeds [1] 532.05 504.30 530.45 531.55 500.05 397.45 598.60 321.15 23 503.55 Eclerx 2476.40 2399.50 2477.00 2545.00 2381.00 51.17 2825.00 1272.00 32 2399.20 H m
EdelFinSer [1] 70.90 68.35 71.00 71.55 67.80 4041.32 87.80 26.37 3 68.33 M Maruti [5] 10732.85 10709.70 10700.00 10748.95 10650.05 190.66 10969.00 8127.05 28 10709.40
AvenuSupmart 3719.20 3675.60 3719.20 3734.95 3644.30 199.15 4203.00 3292.65 92 3673.65 MASFinServ 996.60 992.10 997.00 1019.95 990.00 63.41 1066.00 680.00 23 992.30
AVGLogistics 443.15 426.55 451.70 451.70 415.00 100.04 464.00 180.00 - - Eicher Motor [1] 3840.95 3871.85 3869.90 3903.05 3817.20 237.34 4201.70 2835.95 32 3872.30 N
EID Parry [1] 581.75 583.60 583.75 599.60 572.00 1120.72 663.75 433.30 49 582.95 O B Mastek [5] 2915.85 2843.45 2943.90 2989.50 2820.90 59.84 3066.10 1475.45 78 2843.70
AVONMORECAP 110.65 105.20 110.80 113.60 103.25 66.50 131.05 64.50 - - MatrimCom [5] 528.65 541.85 530.00 551.00 515.25 153.34 720.00 497.60 25 538.85
AvroIndia 139.50 131.35 138.10 140.00 130.10 42.47 154.45 94.00 - - EIH [2] 407.50 391.10 404.00 411.90 385.35 675.23 428.10 150.45 46 390.70 R m
EIH A Htl 735.85 684.75 748.00 762.20 680.00 56.29 821.25 370.00 30 684.95 ND BU N Maw.Sug 104.55 103.70 111.80 111.80 102.50 542.71 120.55 77.65 8 103.77
AVT Natl [1] 91.55 89.95 91.95 92.45 89.40 178.96 104.60 74.05 31 89.99 MAX ESTATES 291.10 276.30 290.55 290.55 274.00 67.84 339.90 242.75 - -
Axis Bank [2] 1051.40 1046.70 1051.40 1057.25 1035.35 8694.38 1151.50 814.25 14 1046.85 EldecoHousg 873.05 794.50 886.50 920.00 781.70 37.41 920.00 517.20 - - B
Elec. Eng [2] 1014.15 985.15 1014.15 1015.15 981.00 145.31 1120.50 349.90 40 985.20 H MaxFinancial [2] 987.35 962.15 985.50 985.50 954.25 494.48 1069.15 599.30 - 959.95
AxisCades [5] 776.75 756.15 776.75 781.70 741.90 96.99 848.00 248.20 - 754.05 MaxHealthCre 874.40 875.90 880.00 897.65 865.95 2532.94 897.65 411.90 - -
AxitaCotton 24.15 23.55 24.50 24.50 23.35 3285.84 40.60 23.35 - - Elec.Stl.Cs [1] 184.40 163.60 185.00 187.25 160.25 5881.16 204.10 31.40 16 163.65
ElectMartInd 220.60 215.35 224.00 226.70 211.30 286.43 244.55 61.60 - - O C Mayur Uniq [5] 525.50 523.90 530.05 537.00 499.60 214.32 616.15 415.00 20 522.65
AYM Syntex 76.25 81.55 78.00 82.95 74.55 251.69 92.00 52.50 - 81.50
Elgi Eqp [1] 679.80 679.40 679.80 699.00 667.05 249.47 703.40 416.50 70 679.75 MazagonDock 2117.45 2182.00 2128.10 2238.40 2022.50 1330.67 2492.00 612.00 - -
AzadEngineer 970.25 958.85 978.65 994.70 930.60 292.03 1045.00 642.40 - -
Elgi Rbr 59.80 56.50 57.95 61.00 53.85 243.45 68.45 52.50 - - P Mazda Ltd 1547.75 1521.20 1563.00 1577.15 1499.45 21.50 1650.20 595.15 20 1518.15
ElinElectron 159.75 153.70 159.75 161.45 153.00 212.24 194.35 116.00 - - R w McL.Rusl [5] 31.55 28.55 31.50 31.95 28.45 1456.78 32.80 16.52 - 28.50
B .............................................. Emami [1] 484.55 482.85 485.50 487.65 475.55 393.87 588.65 340.95 32 483.10 MCX 3829.90 3488.95 3785.00 3785.00 3455.55 1372.10 3990.20 1289.20 - 3489.15
B&BTriplewal 272.60 266.10 272.70 277.45 265.00 8.70 303.15 178.55 - - EmamiPapMi [2] 137.10 130.05 142.00 142.00 127.15 95.75 150.05 100.85 17 130.75 P MediAsstHeal 523.25 497.85 526.90 526.90 472.00 397.82 559.75 430.55 - -
BaidFinserv 28.75 28.55 29.05 29.50 27.65 404.47 48.75 20.10 - - Emmbi Ind 116.00 110.70 118.25 118.25 108.05 112.88 138.35 73.05 34 110.35 m m MedicamenBio 501.45 485.55 506.45 517.60 482.55 25.95 845.00 482.55 - -
Bajaj Auto 7784.85 7829.95 7775.00 7874.20 7766.05 219.91 7874.95 3625.05 32 7823.65 EMS 584.30 555.10 595.00 595.00 555.10 395.90 599.75 246.50 - - C MedicoRemedy 83.55 81.95 84.00 84.00 77.15 546.49 100.70 64.55 - -
Bajaj Elect [2] 1017.00 1011.10 1029.80 1029.80 1004.05 25.72 1175.70 881.40 65 1010.25 Emudhra 483.50 492.70 482.80 499.00 470.20 338.43 534.80 206.80 - - m MedplsHealth 627.30 623.05 628.25 638.20 617.00 150.03 978.00 605.00 - -
Bajaj Hind [1] 37.85 36.35 38.20 40.40 35.7565554.69 40.40 11.48 - 36.28 EnduranceTec 1842.45 1775.70 1845.55 1881.95 1765.60 171.22 2307.95 1171.60 49 1776.75 B &C MegastarFood 340.45 335.80 340.40 342.65 333.05 11.51 404.95 197.00 - -
Bajaj Hld 8634.05 8619.60 8634.00 8700.90 8519.65 11.04 8769.05 5791.05 55 8620.45 Eng.India [5] 226.40 201.45 228.35 228.35 199.1012678.15 273.80 70.10 27 201.25 R m MeghmaniOrga 82.50 79.20 82.90 83.15 78.90 1054.51 101.80 71.90 - -
BajajConCare[1] 212.25 206.40 213.40 213.40 203.80 769.97 262.75 150.55 18 205.90 Ent.Net.Ind 289.10 260.65 290.90 292.90 254.40 275.09 318.65 109.70 235 260.30 MenonBear [1] 133.45 133.05 135.45 137.20 131.15 139.11 166.00 92.00 26 133.20
BajajFin [2] 6654.50 6569.15 6669.45 6671.85 6551.50 544.78 8190.00 5487.25 34 6575.60 EPackDurable 191.65 180.85 192.35 196.20 180.00 763.26 224.50 180.00 - - G MetroBrands 1100.15 1100.20 1105.00 1110.70 1086.00 135.25 1441.20 765.00 - -
BajajFinserv [1] 1570.95 1557.25 1578.75 1579.30 1551.50 803.75 1741.85 1216.10 212 1557.35 Epigral 1019.00 993.30 1024.00 1026.35 991.00 38.33 1183.90 815.00 - - w Metrpolhelth[2] 1643.85 1667.40 1635.00 1699.90 1629.60 344.75 1811.50 1176.05 69 1665.55
BajajHealth 337.85 312.10 337.80 337.80 309.15 223.37 513.40 275.70 - - EPL 193.90 190.85 196.05 197.00 190.15 703.99 236.15 151.95 - - w MFL 101.10 96.00 101.85 101.85 95.15 785.99 24.70 12.15 - -
BajelProject 222.35 223.90 227.00 232.65 211.25 2302.17 236.10 108.25 - - EqitsSmlFnBk 102.70 101.70 103.60 103.60 99.80 2352.23 116.50 58.05 - - BK MicElectronc 37.95 39.60 39.85 41.65 38.15 1408.41 48.00 12.60 - -
Bal Phr 122.80 118.50 125.90 125.90 117.00 34.45 132.20 63.40 29 119.00 ErisLifeSci [1] 910.20 913.40 910.00 942.20 905.10 168.70 971.00 550.90 30 913.80 w Minda Corp [2] 399.80 399.15 404.00 418.00 393.05 722.70 420.10 187.00 36 398.60
Balaji Amn [2] 2200.80 2182.80 2202.35 2233.00 2175.00 55.02 2736.35 1872.90 48 2176.45 Eros Intl 28.10 26.60 28.10 28.10 25.75 1368.74 30.20 17.20 - 26.48 m MindTec(Ind) 228.00 211.70 229.95 231.70 208.40 72.89 279.55 101.20 31 213.15
Balaji Tele [2] 129.80 123.70 128.00 129.40 116.85 3052.00 132.29 35.30 21 123.54 Esab Ind 5622.25 5593.30 5644.75 5660.85 5563.00 3.57 6542.65 3221.35 54 5597.35 N O DG Mirc Ele [1] 26.15 26.40 27.60 28.00 25.50 2653.13 30.68 11.10 - 26.51
BalaxiVentre 597.20 559.90 630.00 686.30 536.65 195.50 686.30 399.95 - - ESAFSFB 65.45 63.20 67.95 68.95 62.65 8321.23 82.40 62.65 - - MishDhatuNig 459.90 402.10 438.20 438.20 396.20 2825.17 547.45 172.80 68 401.85
Balkrishna [2] 2297.50 2344.50 2309.95 2356.90 2280.10 612.12 2793.70 1912.30 37 2343.65 Escorts 2807.25 2815.90 2807.20 2874.95 2783.30 395.08 3435.20 1809.95 31 2814.90 MittalLifSty 2.75 3.05 2.80 3.25 2.8040708.01 18.50 1.55 - -
BalmerLaw 264.40 237.40 264.40 264.40 233.95 1634.77 290.40 108.60 19 237.35 Essar Shp 29.65 28.20 28.20 29.45 28.20 239.54 39.02 7.53 - 28.25 MM Forg 896.25 866.90 900.75 914.95 860.10 44.57 1098.95 800.05 16 866.25
Balrampur [1] 383.10 372.75 382.75 384.95 371.60 1223.01 485.80 349.50 16 372.95 Ester [5] 91.05 88.10 92.50 92.95 87.20 152.92 134.95 80.21 - 88.09 MMPIndustris 267.85 264.70 265.00 276.70 261.05 63.04 298.05 164.05 - -
Ban.Amn.Sp [5] 51.65 47.25 51.75 53.10 47.00 625.13 59.87 33.80 - 47.44 Ethos 2538.95 2434.25 2538.95 2572.45 2401.00 70.37 2660.00 915.05 - - C MMTC [1] 85.70 81.45 82.05 84.00 81.45 4350.70 102.00 26.36 - 81.42
Ban.Amn.Sug 2417.50 2422.30 2450.15 2512.00 2398.20 3.37 2975.00 2351.00 20 2414.35 Ever.Kanto [2] 171.05 157.25 174.90 176.90 156.00 3769.61 178.90 66.05 30 157.30 W Modison 143.75 132.60 147.00 150.00 130.50 181.46 158.70 70.25 - -
Banar.Beads 107.00 104.00 105.90 105.90 101.65 41.88 119.00 71.00 27 104.00 Everady [5] 346.95 346.40 347.05 348.90 342.50 376.44 441.55 273.40 68 346.45 MOIL 324.80 288.85 324.80 326.60 284.30 3147.57 369.15 140.65 21 288.85
Banco Ind [2] 698.85 681.35 704.45 720.00 677.05 183.95 733.00 207.00 20 680.85 Everest Ind 1220.75 1191.10 1235.00 1235.00 1181.00 16.99 1448.10 696.00 82 1195.20 MokshOrnamnt 20.50 18.70 19.90 19.90 18.15 648.39 22.85 13.75 - -
BandhanBank 216.20 200.70 223.00 223.45 197.7050949.42 272.00 182.20 11 200.65 Excel Ind [5] 865.45 840.65 849.35 860.00 835.10 24.33 1033.00 758.00 104 840.55 D Mold-TekPac [5] 876.40 872.25 858.85 878.00 855.00 65.83 1104.95 830.00 40 871.85
Bans.Syn [5] 146.45 147.35 146.45 149.90 141.85 86.47 188.50 107.00 9 147.15 Mold-TekTec [2] 235.00 224.10 234.90 239.40 222.10 313.89 398.45 213.00 20 224.15
Exide [1] 338.40 328.20 341.00 341.40 326.25 2172.40 354.00 170.50 29 328.00 G
BarbequeNatn 649.55 624.35 641.00 660.15 620.95 54.47 791.70 592.00 - - MonarchNetwr 649.85 635.75 659.35 663.40 630.00 251.29 672.00 190.00 - -
ExpleoSolu 1429.15 1354.80 1435.00 1444.90 1346.05 56.89 1777.20 1200.00 - - C
BartronicInd 27.10 27.60 27.60 27.60 26.55 227.61 27.60 4.75 - - Monte Carlo 675.85 660.90 675.55 689.90 659.95 42.91 918.00 530.50 14 660.15
ExxaroTiles 112.50 111.10 112.05 113.25 110.00 205.02 152.00 98.65 - - O C m
BASF 3213.10 3392.85 3213.10 3494.25 3146.60 241.83 3495.00 2195.00 43 3379.90 Morepan [2] 51.95 48.95 52.15 53.25 48.50 7422.78 56.33 24.00 31 48.92
Bata India [5] 1421.30 1410.30 1421.30 1425.55 1402.55 220.57 1770.10 1380.85 62 1410.40
Bayer Crop 5831.15 5958.35 5831.15 5995.00 5790.00 22.64 6162.00 3922.45 34 5960.85 F .............................................. PC Most.Fin [1]
MothersonSum
1866.05
68.95
1815.75
66.55
1865.00
69.35
1907.95
69.85
1783.35 132.16
66.00 8050.30
1937.10
74.80
550.75
45.15
25 1809.70
- -
Fact 763.15 773.90 763.15 805.45 747.05 985.64 908.95 192.50 88 774.25 P N
BCLIndust 74.35 70.15 74.80 75.85 68.55 3509.70 588.00 47.10 - - MotisonJewel 184.80 179.60 182.00 187.90 176.05 978.14 248.15 88.85 - -
FaircheOrgan 1285.30 1263.85 1285.30 1316.95 1226.65 41.93 1399.90 904.90 - - RB
BEL [1] 180.65 174.65 181.25 183.10 173.6519640.57 196.25 89.68 35 174.60 MphasiS 2589.30 2601.00 2580.00 2652.50 2580.00 1173.81 2788.35 1660.65 32 2597.65
BEML 3247.15 2880.70 3254.90 3257.00 2826.05 744.65 4139.40 1129.10 65 2883.35 Fazethree 415.15 403.15 417.20 421.00 401.00 34.11 540.00 251.00 - -
FCS Soft [1] 6.05 5.75 5.95 6.00 5.7520285.60 6.69 1.84 - 5.74 B MPS 1487.75 1465.70 1511.00 1514.40 1435.00 16.15 1884.20 809.30 24 1457.95
BEMLLandAset 296.00 266.45 302.00 302.00 266.40 742.74 377.45 136.00 - - MRF 137083.35 143802.75 137600.00 144769.60 137555.00 40.81 150000.00 81390.95 30 142717.75
FDC [1] 446.80 431.90 449.00 449.80 430.00 171.31 472.00 245.00 24 430.95 C
BergrPaintIn [1] 554.00 551.00 553.95 555.30 545.45 813.05 679.05 458.33 62 550.65 Mro-Tek [5] 80.95 72.90 81.35 81.35 71.70 109.26 94.44 51.00 - 72.87
Fed Bk [2] 147.30 146.65 148.40 148.40 145.4015243.14 159.25 120.90 10 146.50 RM N RG
BF Inv [5] 553.95 524.50 563.00 574.80 518.25 130.08 624.95 364.00 25 523.65 MRPL 189.60 184.95 188.70 195.15 174.65 9104.57 206.85 49.20 7 184.90
Fed.Goetze 374.55 362.80 378.55 378.55 361.60 154.14 431.40 294.95 17 362.65 R C
BF Util [5] 717.90 663.80 734.00 734.05 654.45 347.39 824.95 283.00 395 663.25
FederalFin 128.00 124.90 127.90 128.85 124.55 467.63 153.60 124.55 - - H MrsBectrFood 1075.00 1007.25 1016.05 1046.45 986.20 657.08 1373.95 498.00 - -
BGR Engy 107.80 96.10 107.80 108.80 95.35 971.92 119.00 44.25 - 96.17
FiberwebInd 37.85 35.50 37.85 38.50 35.00 152.69 45.25 27.05 - - M MSTC 987.45 884.00 982.90 986.90 861.00 1247.25 1165.00 239.00 - -
Bhageria Ind [5] 162.65 168.85 174.00 177.75 166.75 475.65 182.70 111.60 42 168.55
Fiem Ind 2314.35 2293.60 2325.95 2341.40 2264.00 30.53 2587.95 1420.80 19 2292.85 C MtarTech 1978.35 1929.90 1982.40 2001.85 1920.40 139.81 2920.35 1473.00 - -
BhagiradaChm 1530.90 1586.60 1553.85 1625.85 1530.00 24.49 1730.00 1000.00 - -
Filatex [1] 63.10 61.55 65.00 65.00 60.15 5728.14 65.95 31.60 29 61.74 DC m MTNL 48.00 43.25 48.50 48.50 43.2011873.25 52.35 16.60 - 43.21
BhagngrInd [2] 102.50 98.30 103.95 104.70 97.50 191.26 119.43 43.60 7 98.28
Fin.Cable [2] 1058.45 996.80 1059.05 1069.95 987.00 244.47 1219.10 558.05 27 996.60 DC MUFINGRNFIN 252.10 239.50 264.70 264.70 239.50 239.11 274.40 108.05 - -
BhandariHos [1] 10.75 10.25 10.30 10.40 10.25 447.68 12.49 3.53 - 10.29
FineOrgInd [5] 4398.00 4306.00 4447.85 4447.85 4300.00 28.03 5160.00 4030.65 33 4309.85 Mukand 169.45 160.30 168.50 170.00 159.00 396.17 212.50 115.50 11 160.20
Bhans.Eng [1] 102.95 97.15 102.05 103.45 96.00 1212.38 117.95 58.10 16 96.60
Bharat Bij 5936.55 5797.30 5985.00 6085.00 5744.30 51.60 6080.00 2395.40 30 5804.05 FineotexChe [2] 374.00 391.30 381.00 409.20 381.00 4182.09 409.00 208.45 55 390.30 Munj.Auto [2] 98.90 94.40 100.90 102.00 94.00 243.58 115.36 35.55 29 94.30
Bharat For [2] 1314.05 1130.95 1324.00 1330.00 1116.95 7363.98 1330.00 744.00 43 1130.30 Fino.Ind [2] 218.60 214.20 218.00 218.35 210.15 1734.36 259.90 158.00 29 213.05 J Munj.Showa [2] 186.65 175.90 188.00 189.95 174.90 232.28 211.00 83.40 19 175.55
Bharat Gea 120.70 117.30 120.90 122.40 116.55 48.72 153.00 96.00 - 117.10 FinoPaymntBk 313.70 289.40 311.40 311.40 285.05 398.84 384.00 191.20 - - &K B MusicBrdcast 23.30 21.55 23.50 23.50 21.30 3012.00 25.35 9.70 - -
BharatDynamc 1838.55 1616.05 1855.00 1862.85 1590.00 2532.47 1937.95 786.85 62 1614.70 Firstsource 205.85 199.25 206.00 209.00 196.00 3282.19 221.40 103.55 49 199.30 Muthoot Cap 315.45 305.45 317.45 322.80 303.50 42.17 458.00 235.95 6 304.65
BharatRdNwk 80.35 72.35 78.70 80.50 72.35 501.65 97.50 24.50 - 72.31 FiveStrBusFn 775.45 745.85 776.25 780.00 730.20 274.93 876.55 496.10 - - P MuthootFinan 1377.70 1351.20 1373.00 1378.65 1345.85 159.89 1537.40 911.40 14 1352.75
Bharti Air [5] 1120.25 1118.70 1122.90 1129.00 1111.30 3887.98 1200.95 736.20 118 1118.95 FlairWriteIn 322.80 293.55 297.25 309.00 292.00 619.09 514.40 292.00 - - C MuthootMicFn 241.35 233.30 241.35 242.90 231.05 362.07 281.00 227.45 - -
BHEL [2] 227.55 216.70 228.00 230.15 214.2028287.98 243.30 66.30 - 216.30 FocusLtg&Fix 201.15 198.55 203.85 203.85 193.00 254.81 898.40 146.05 - - D R
BigBlocCons [2] 203.55 201.05 204.80 205.75 191.80 445.25 212.65 116.85 104 201.05 Foods&Inns 145.70 139.25 145.05 148.65 138.00 256.11 222.20 111.40 - - N ..............................................
BikajiFoodIn 551.80 547.25 551.70 552.85 541.90 1268.02 605.90 341.30 - - Fortis Hlt 434.95 431.50 438.00 439.25 428.00 601.95 469.50 245.40 427 432.60 m NaclInd [1] 71.90 69.85 71.50 72.65 69.25 146.09 105.00 69.43 - 69.91
Biocon [5] 273.40 266.70 275.10 280.50 264.60 6238.53 307.00 191.60 - 266.75 Foseco 3660.45 3613.25 3633.00 3659.00 3561.10 4.33 4149.25 1904.25 39 3630.30 NagarjunFert[1] 13.75 13.20 13.75 13.85 13.15 2019.30 15.85 7.81 - 13.20
BioflChm&Pha 67.85 63.55 67.35 68.50 62.50 74.93 78.80 35.14 - 63.48 FSNECommVent 150.15 145.65 151.45 152.00 144.70 9864.84 195.50 114.25 - - B Nah.Cap [5] 317.55 292.50 307.60 307.60 291.15 48.43 358.00 242.00 14 292.25
BirlaCable 303.60 302.60 306.70 323.60 296.10 366.35 432.55 118.85 27 303.05 FusnMicroFin 568.90 554.85 577.00 577.00 543.00 366.52 691.00 375.00 - - Nah.Ind 144.05 131.60 140.50 144.65 130.00 210.60 169.95 84.05 83 131.00
BirlaCorp 1696.15 1691.35 1720.00 1766.60 1666.45 578.58 1770.00 843.05 72 1687.75 N Nah.Poly [5] 213.40 188.70 207.40 209.40 186.00 194.55 292.65 186.05 167 188.15
Birlasoft 833.40 824.45 816.50 844.00 816.50 1401.83 861.85 250.50 - - G .............................................. Nah.Spg [5] 321.65 294.60 315.00 315.00 292.45 240.49 361.95 213.80 - 294.20
Bk of Ind 137.25 128.50 138.25 138.40 124.4521067.33 156.35 66.05 9 128.10 Gabriel [1] 371.55 351.90 370.00 375.25 351.00 387.49 440.00 129.50 30 352.45 BC m NakodaGroup 58.75 57.35 59.40 59.70 55.00 117.16 70.00 36.50 - -
Bk of Mah 61.55 55.30 62.00 62.05 54.0560044.71 70.00 22.80 11 55.44 GACMTech 5.35 5.10 5.40 5.40 5.10 470.40 16.00 5.10 - - BM Nalco [5] 157.50 143.20 158.00 160.85 141.7548639.41 165.60 75.73 20 143.35
Bk ofBar [2] 263.50 254.70 266.10 267.40 253.0526620.79 267.35 153.15 8 255.00 Gail(India) 173.10 168.80 173.10 174.70 167.5018334.99 186.50 93.15 15 168.90 Nalwa Son 3519.85 3383.25 3556.80 3583.25 3351.00 9.08 3672.15 2000.00 42 3411.30
BL Kash [1] 82.50 76.65 82.45 83.00 75.75 2685.14 87.24 26.10 33 76.82 GalaxSurfact 2628.85 2658.85 2642.70 2677.95 2623.70 13.22 2989.35 2217.50 41 2645.85 H Nandan Den 35.20 33.85 34.05 36.90 33.45 1144.67 38.98 15.01 - 33.86
BlackBox 283.30 269.90 295.00 295.00 269.15 67.96 312.20 84.40 - - Gandhi Tub [5] 802.20 825.85 790.00 935.00 764.10 448.30 935.00 464.65 19 822.15 P NarayaHru 1374.85 1376.90 1385.00 1395.00 1367.10 268.17 1402.50 711.15 83 1378.90
Bliss GVS [1] 116.05 113.60 116.05 118.35 112.60 280.34 148.95 69.15 17 113.65 GandhrOilRef 242.05 235.00 242.10 242.70 234.35 391.18 344.05 234.35 - - D Natco Phr [2] 839.80 833.50 847.00 847.00 828.00 237.24 928.45 520.60 14 832.35
BLSE-Service 344.35 336.00 350.95 351.00 325.15 3931.97 423.70 303.10 - - Ganesh Hsg 685.40 640.30 689.20 695.90 634.10 118.74 794.00 261.30 22 639.20 P Nath Bio-Gen 215.50 205.10 216.20 216.35 202.60 66.16 243.70 136.05 10 204.05
BLSIntlServ [1] 384.90 362.90 385.00 388.65 356.10 1761.73 430.00 149.70 - 363.70 Ganesha Ecos 1060.90 1046.30 1060.90 1087.25 1031.00 66.32 1158.95 796.05 38 1045.15 P Natl Build [1] 147.95 133.15 146.75 146.75 133.1527263.34 176.50 30.96 64 133.15
Blue Dart 6054.45 6124.75 6115.05 6166.85 6055.10 11.94 7649.90 5633.00 51 6084.30 GaneshBenzop 196.15 182.15 195.05 198.95 172.15 771.15 217.05 135.10 - - w Natl Fert 106.85 97.95 107.70 107.70 93.20 6623.36 130.45 55.00 76 98.45
BlueStar [2] 1165.95 1151.55 1182.00 1189.85 1145.75 91.89 1214.00 669.60 74 1147.95 GangesSecu 136.45 127.75 137.75 139.90 124.50 27.30 145.35 86.05 17 128.45 &P Nava 494.00 473.60 496.40 497.40 470.05 279.60 529.90 215.00 - -
BlujetHealth 355.55 344.05 355.55 361.85 339.45 118.73 433.40 319.50 - - GardenReach 868.70 773.75 863.00 864.05 755.00 1088.05 973.95 398.75 32 773.50 W Navin Flu [2] 3028.40 3073.95 3064.00 3126.50 3040.30 263.92 4922.00 3002.20 64 3072.70
Bodal Chem [2] 80.20 76.10 80.20 80.75 75.45 740.29 94.33 55.00 - 76.11 GarwareHiTec 1944.65 1851.85 1945.00 1993.45 1823.00 120.13 2051.00 491.35 - - Navkar Corp 116.05 109.80 116.80 116.80 107.50 2622.28 125.00 44.45 - 109.75
BodhiTreeMul 195.95 188.55 195.00 197.00 187.10 179.59 221.90 122.60 - - GarwarTecFib 3410.55 3412.60 3426.70 3439.40 3400.05 6.80 3830.05 2586.95 38 3413.00 KC m Navneet Ed [2] 154.00 151.40 154.00 154.20 149.10 369.70 176.15 88.12 16 151.35
Bomay Bur [2] 1716.30 1656.45 1702.00 1714.70 1634.70 94.64 1806.00 780.65 - 1652.00 GatwayDistri 111.45 109.25 112.50 112.95 106.80 1207.65 121.55 58.55 - - K C m NazaraTech 856.80 866.70 857.00 877.50 835.00 250.63 989.40 481.85 - -
Bombay Dye [2] 173.65 157.05 174.90 175.00 155.15 2232.60 194.95 53.37 - 157.00 GE Ship 960.35 928.95 955.00 968.10 914.15 359.77 1043.30 532.00 6 928.30 KP NCC [2] 225.10 212.70 226.00 226.90 207.25 8286.07 229.40 87.35 22 212.90
BombySuprHyb 239.70 230.45 243.00 243.00 229.00 45.87 301.95 214.10 - - Geecee 301.65 282.15 305.80 306.15 277.00 53.88 349.20 122.05 92 281.60 K NCL Ind 242.70 238.05 249.35 258.20 235.55 850.31 258.25 167.05 13 237.40
Borosil 352.45 344.75 356.55 358.00 339.05 141.55 382.20 333.20 - - GeewayWires 119.80 113.85 119.90 120.80 113.85 58.94 126.50 73.70 - - m NDTV [4] 266.75 245.55 267.40 283.00 232.15 2215.68 306.55 167.05 - 248.45
BorosilRenew 540.00 490.50 543.50 544.00 486.00 1884.65 669.35 380.00 - - Genesys [5] 496.60 457.00 504.75 504.75 443.10 128.28 541.00 267.00 70 459.50 M Nect.Life [1] 36.30 34.65 36.60 37.10 34.35 1537.86 39.21 14.36 - 34.65
Bosch 25457.15 25237.90 25388.05 25659.95 25107.20 36.67 25650.00 16984.00 49 25295.15 GenInsCorpIn[5] 405.00 346.60 409.10 410.95 336.20 5040.05 467.00 127.80 10 347.35 Nelcast [2] 159.20 156.65 159.20 160.40 152.05 148.27 194.50 85.58 34 155.95
BPCL 614.30 590.45 614.80 618.60 583.75 8521.12 635.00 314.10 4 590.55 GenricEngCon 57.75 55.00 59.30 59.90 54.90 120.66 64.15 35.95 - - C H Nelco 779.35 749.70 782.90 782.90 745.00 101.07 894.00 487.00 69 748.40
BPL 109.25 106.30 110.00 111.90 100.45 371.76 127.50 46.82 35 105.95 GensolEngg 1111.95 1153.75 1170.00 1199.00 1120.10 338.52 2527.05 708.90 - - P NeogenChem 1375.50 1291.60 1330.00 1348.00 1280.00 55.33 1859.30 1233.05 - -
Brigade 998.85 973.75 1006.95 1009.45 957.70 165.47 1107.65 446.00 86 974.05 Genus P&B [1] 25.55 22.50 25.40 25.55 22.15 3005.27 28.44 12.65 - 22.48 w Nesco [2] 854.80 832.45 854.80 861.45 827.25 47.24 923.00 505.25 18 833.00
BrightcomGr [2] 18.80 18.05 18.90 18.95 17.9037858.88 36.82 9.27 - 18.03 Genus Pwr [1] 311.15 297.00 313.40 317.40 291.05 992.73 343.80 78.82 141 295.45 NestleIndia [1] 2450.10 2459.05 2459.75 2467.95 2439.30 445.27 2770.75 1788.80 79 2458.30
Britannia [1] 4971.50 4970.20 4971.50 4997.95 4940.75 158.49 5386.25 4154.00 57 4969.25 GeojitFinSer 80.05 75.30 80.80 80.85 74.55 1211.37 90.00 39.15 - - W NetwebTecInd 1371.90 1337.90 1394.90 1400.00 1308.00 68.33 1532.75 738.60 - -
Brooks Lab 129.75 123.95 130.50 131.95 120.85 132.52 185.15 56.50 - 124.25 GEPowerIndia 272.45 255.75 273.00 273.25 252.00 861.94 301.05 97.45 - 256.65 WH Neuland 6770.05 6453.10 6775.00 6874.90 6333.55 67.37 6960.55 1356.05 26 6441.80
BSE 2489.60 2362.25 2500.00 2505.30 2325.20 547.94 2598.95 406.20 - - GFL 91.50 85.00 92.00 93.00 83.50 290.92 118.45 45.35 - - WN R RU NewgenSwTech 797.05 757.20 797.05 797.05 757.20 120.39 900.00 211.85 50 770.00
BSL 200.05 191.80 200.10 202.40 189.50 11.63 236.80 146.15 13 191.65 Ghcl 519.65 504.00 524.00 524.00 501.00 232.49 659.00 462.45 7 503.75 W NglFineChem 1909.00 1844.70 1871.00 1900.00 1818.00 9.60 2439.95 1175.05 - -
BtrflyGandhi 908.60 890.30 919.90 919.90 886.25 4.24 1431.10 874.95 55 890.60 GhclTextiles 89.95 80.70 88.00 89.70 78.80 776.31 98.25 62.50 - - K NHPC 96.25 81.00 95.50 95.90 77.65 389284.42 115.84 37.80 21 81.03
GIC Hsg 253.65 231.35 253.80 255.90 228.20 948.05 292.45 144.70 8 230.50 NIIT [2] 128.00 122.90 128.80 129.00 121.00 1999.57 154.63 71.73 107 123.30
C .............................................. Gillette 6809.20 6660.50 6788.70 6829.60 6620.05 13.37 7318.10 4140.00 56 6668.60 NIITLearnSys 477.15 475.05 479.45 505.25 460.05 469.70 514.00 342.30 - -
Cambridge 79.85 75.00 82.00 82.00 74.00 51.13 89.90 46.00 40 75.15 Ginni Fil 41.65 39.60 41.65 43.00 39.60 150.51 45.28 16.70 - 39.49 Nila Infras [1] 13.40 14.05 13.90 14.05 13.70 5086.36 14.49 4.23 - 14.05
Camlin Fine [1] 127.10 119.20 124.55 125.25 118.50 619.64 186.25 118.75 - 119.55 GlandPharma 2007.25 1996.10 2007.25 2038.95 1987.10 151.90 2194.00 861.00 - - P Nilkamal 1998.25 2003.65 2005.10 2050.00 1988.05 3.69 2800.00 1671.60 26 1999.30
CampsActWear 256.75 250.75 256.00 260.55 248.10 853.39 420.00 237.80 - - Glaxo Phr 2382.65 2340.15 2410.00 2440.05 2301.00 164.62 2649.95 1228.00 63 2334.20 Nippo Bat [5] 698.55 694.75 707.00 727.55 681.10 49.04 856.00 284.35 101 691.85
Canara Bk 571.00 545.75 574.00 575.00 541.4010242.72 580.00 268.85 7 545.25 Glenmark [1] 843.10 831.40 843.10 849.00 817.55 859.07 922.25 405.20 17 831.45 M NipponLIAM 483.70 480.10 490.75 491.00 474.00 400.70 541.40 196.90 - -
CanFinHom [2] 809.15 784.15 809.15 816.75 777.60 495.82 905.00 508.50 15 783.45 GlnmarkLifSc 871.00 860.25 865.00 865.00 846.55 100.17 897.70 370.00 - - W Nitin Spn 371.00 356.40 372.90 377.70 353.15 129.37 395.00 201.20 15 356.70
Cantabil [2] 236.70 223.50 238.55 239.00 220.00 292.07 278.75 160.10 30 222.60 Glob.Spr 857.00 807.05 869.00 869.00 800.00 430.49 1326.25 739.50 18 806.40 H NLC India 252.70 213.75 252.65 252.70 204.55 9836.50 293.60 69.79 12 214.35
CapaciteInfr 262.10 248.35 264.00 266.00 245.55 1188.81 294.85 108.90 26 248.45 GlobalEductn 273.60 261.70 275.00 277.30 255.20 147.65 382.70 136.30 - - D Nmdc [1] 241.50 230.05 240.75 244.70 228.2015712.80 246.95 103.75 14 230.05
CapitalTrust 119.30 112.65 122.80 122.80 112.10 51.75 128.00 52.80 - 112.15 GlobalHealth 1269.50 1346.50 1272.65 1448.45 1270.10 3103.50 1448.45 451.00 - - NMDCSteel 66.60 58.05 66.75 66.95 57.0025714.13 73.70 29.75 - -
Caplin Point [2] 1428.80 1481.35 1429.00 1547.80 1411.15 354.96 1550.00 575.00 42 1481.80 GlobalSurfac 306.20 297.35 299.00 308.95 293.00 185.55 333.00 167.50 - - CNC Nocil 264.85 261.15 265.70 268.40 258.75 771.94 285.30 199.05 37 261.00
CapriGlo [2] 924.80 899.90 932.00 932.00 892.05 102.72 1048.40 565.85 98 901.00 GM Brew 641.10 632.55 658.00 658.00 630.45 25.05 808.40 509.00 12 629.30 NRAgarwalInd 461.00 458.50 452.50 461.65 439.00 11.89 538.00 196.25 - -
CARE 1110.90 1085.35 1113.00 1113.00 1072.05 45.54 1182.80 607.85 29 1076.25 Gmdc [2] 429.75 374.45 412.00 425.90 362.55 6897.22 505.00 122.75 14 375.00 K NRB Bear [2] 350.90 343.60 350.90 350.90 336.05 158.92 400.75 125.05 34 343.00
CartradeTech 691.30 690.30 681.10 701.00 681.10 94.25 899.65 340.15 - - GMMPfauder [2] 1388.05 1364.40 1393.10 1406.05 1344.00 186.66 1896.75 1342.30 79 1364.55 K NTPC 324.90 316.15 326.15 326.70 314.5011714.29 341.05 164.30 17 316.05
Carysil 1009.45 1039.75 1023.00 1065.25 1000.80 252.48 1067.90 432.00 - - GMR Inf [1] 88.85 85.60 89.25 89.30 84.7525142.10 92.50 36.75 - 85.59 K C NupurRecycle 136.10 128.65 139.80 141.00 125.00 241.88 149.00 86.05 - -
CastrolIndia [5] 201.60 193.70 203.00 205.30 192.15 5478.95 208.00 107.70 22 193.55 GmrPwr&Urbn 52.55 49.40 52.10 53.25 48.95 4131.39 61.20 14.35 - - K C m NURECA 351.25 342.10 345.00 362.95 340.10 36.96 468.80 295.10 - -
CCL Prd [2] 661.50 642.85 664.40 664.40 638.00 84.35 750.00 530.00 72 644.10 GNA Axles 433.15 400.15 429.00 429.00 395.00 505.48 582.05 365.53 15 400.00 K P NuvamaWealth 3450.70 3391.35 3500.00 3543.00 3350.05 58.71 3799.95 2100.00 - -
Ceat 2800.35 2696.90 2808.00 2808.00 2670.00 197.33 2997.25 1357.60 16 2698.15 GNFC 671.70 644.45 674.00 675.50 640.00 858.85 814.85 484.45 14 645.05 K NuvocoVistas 348.95 341.55 347.80 354.40 340.00 178.38 398.00 288.00 - -

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O ............................................... SadanaNitrCh
Sadbhav [1]
81.25
28.50
77.75
27.10
81.25
27.30
82.05
27.70
77.25 423.68
27.10 622.74
148.40
32.01
67.80
8.52
-
- 27.00
- TCPLPackage
TCS [1]
2260.85
4133.70
2201.75
4120.70
2260.85
4130.00
2293.55
4159.60
2156.10 8.10
4105.55 1013.72
2430.00
4184.55
1248.95 -
3070.30 35 4119.05
- Birla Gold
Birla Nifty [100]
55.87
24.77
55.77
24.60
16.30
118.53
57.80
5991.00
49.44
5015.00
55.54
5701.48
Oberoi 1341.95 1331.35 1347.90 1359.50 1315.00 714.25 1586.15 814.90 78 1331.35 SafariIndia 2088.40 2065.30 2051.00 2099.90 2030.80 40.61 4630.00 1831.50 - - TD Power [2] 283.15 268.05 283.15 285.15 266.05 366.11 313.20 126.55 35 267.70 BIRLASLAMC ABSLBANETF 45.98 45.30 50.33 49.95 38.70 -
OdishaCeme [2] 2127.20 2052.15 2149.00 2149.00 2033.50 379.04 2428.85 1708.30 203 2049.05 Sagar Cem [2] 253.20 246.95 253.20 255.50 246.00 148.62 304.65 179.70 - 247.35 TeamleaseSvc 2993.65 3048.30 3008.60 3085.00 2915.55 24.39 3600.00 2012.00 50 3049.65 BIRLASLAMC - ABSLLIQUID 1000.00 1000.00 22.95 1002.00 999.01 -
Oil India 516.15 468.90 519.80 519.80 456.50 5794.08 524.60 233.30 7 466.75 SahPolymers 117.00 110.90 114.75 119.00 105.00 88.37 134.30 67.25 - - TechMahind [5] 1311.05 1318.80 1318.40 1331.00 1311.10 1149.68 1416.00 982.95 56 1318.10
OlectrGrnTec 1999.75 1946.40 2018.00 2134.00 1917.15 4737.52 2134.00 374.10 - - BIRLASLAMC - SILVER 72.03 72.30 85.85 78.99 57.81 -
SahyadriInd 426.10 401.30 419.70 428.20 397.50 22.77 484.10 322.25 - - Technocr 2345.10 2363.20 2355.30 2458.00 2300.00 8.56 2749.80 969.00 29 2361.65 BIRLASLAMC-ABSLNN50ET 59.14 57.71 24.94 61.91 37.52 -
Omaxe 107.65 97.05 108.55 111.55 96.90 703.42 117.00 42.39 - 97.05 SAI SILKS (KALA 248.70 236.50 234.00 240.60 230.05 1477.35 312.00 221.85 - - TechnoEle&En 797.30 792.80 800.60 820.90 785.00 244.44 844.50 306.70 - -
OMDC [1] 6957.30 6486.35 6950.00 6975.10 6441.80 22.85 8342.35 2295.00 - 6493.15 BIRLASLAMC-BSLSENETFG 70.17 69.54 1.12 77.00 55.05 -
SAIL 133.65 122.75 134.25 136.00 121.0054452.80 150.00 80.50 17 122.90 TegaIndust 1098.60 1201.15 1085.00 1224.95 1070.00 438.27 1224.95 604.20 - - BIRLASLAMC-HEALTHY 12.14 12.18 290.76 12.50 6.55 -
One97Communi 419.85 422.20 430.05 435.50 411.2010958.97 998.30 395.00 - - SakarHealth 428.05 382.20 420.00 420.00 374.90 115.57 479.00 191.30 - - TejasNetwork 727.35 689.20 730.15 732.45 685.00 512.25 940.00 533.00 - -
ONGC [5] 267.55 257.90 261.95 266.60 256.8030906.37 275.65 145.55 8 257.80 BIRLASLAMC-MOMENTUM 29.95 29.73 153.18 32.61 17.33 -
Saksoft [1] 285.10 270.85 285.00 285.00 270.85 137.42 399.40 138.30 88 271.85 TemboGlblInd 291.70 290.35 296.10 298.00 282.25 185.88 332.65 150.25 - - BIRLASLAMC-NIFTYQLITY 18.96 18.76 146.12 20.50 13.41 -
OnMobile 95.80 87.60 95.00 95.00 86.25 2515.15 128.30 56.27 - 87.60 Sakth.Sug 42.35 38.15 42.50 42.60 38.15 1396.17 46.69 18.07 - 38.16 Tex.Infra [1] 116.45 105.10 115.75 118.30 103.10 1484.61 134.80 47.10 - 105.30
Onward Te 551.50 545.45 551.50 584.95 535.35 69.55 738.95 267.60 40 543.60 BIRLASLAMC-TECH 39.17 39.05 22.31 40.40 26.63 -
Sakuma [1] 25.25 26.70 25.55 27.90 24.5010549.07 27.93 9.47 - 26.66 Tex.Pipe 95.90 88.90 96.65 96.65 87.50 409.04 104.72 41.00 14 88.84
OptimusInfra 296.60 287.75 297.90 298.05 282.60 179.82 381.20 160.45 80 287.40 SalasarTech [1] 30.65 29.15 29.15 29.85 29.15 2734.94 34.08 7.20 - 29.24 Tex.Rail [1] 197.50 178.55 197.00 197.90 173.80 3469.25 231.90 40.49 82 178.40 DSPAMC - DSPBANKETF 46.07 45.34 24.39 51.00 35.90 -
OracleFinSer [5] 7525.75 7198.80 7525.00 7599.00 7136.10 253.15 7600.00 3115.00 30 7195.95 SalonaCot 342.70 340.85 357.00 357.00 332.10 15.79 355.00 202.05 19 340.85 Thanga.Jwl 1350.55 1383.30 1400.00 1405.00 1353.85 19.60 1544.95 472.50 30 1373.50 DSPAMC - DSPGOLDETF 62.00 62.06 3.04 71.70 55.00 -
Orbit Exp 202.15 197.55 202.15 204.90 196.20 126.32 230.00 114.85 18 197.60 Salzer Elec 497.90 522.35 527.00 549.20 516.40 722.73 549.00 236.00 23 522.80 TheAnupEngg 3094.60 2695.75 3085.00 3099.90 2600.00 56.18 3176.50 950.05 - - DSPAMC - DSPITETF 37.96 38.47 16.24 39.40 29.00 -
OrchidPharma 1014.60 1045.65 1014.60 1089.00 986.30 847.04 1089.00 556.85 - - Sambhaav [1] 5.90 5.70 6.10 6.10 5.60 1904.20 6.10 2.22 - 5.68 ThejoEngg 1861.10 1804.60 1900.00 1900.00 1798.00 3.52 2293.90 1126.10 - - DSPAMC - DSPPSBKETF 69.12 66.54 12.67 70.50 43.92 -
Oricon Enter [2] 41.05 39.60 41.80 44.25 39.10 1165.86 49.34 15.25 - 39.61 SAMHI HOTELS 197.70 195.40 198.80 203.55 193.95 1090.93 209.45 127.25 - - Themis [1] 216.00 199.60 199.75 206.40 194.00 317.45 243.00 109.00 66 199.90 DSPAMC - DSPPVBKETF 23.08 22.79 120.65 28.06 21.75 -
Orient Bell 361.00 357.05 365.05 365.05 356.00 20.38 648.95 352.95 331 358.60 SamvdMthnInt 121.25 114.40 123.05 123.40 109.4520068.68 123.40 61.80 - - TheNewIndA [5] 290.95 246.75 290.95 290.95 241.00 5656.10 324.00 94.15 44 246.90 DSPAMC - DSPSENXETF 71.80 71.37 1.12 83.00 63.03 -
Orient Cem [1] 263.70 258.55 264.00 271.10 252.05 588.84 293.75 104.70 30 258.65 Sandesh 1247.20 1294.80 1360.00 1380.00 1290.00 24.65 1409.75 782.10 10 1292.90 Thermax [2] 3350.20 3311.55 3390.20 3405.50 3276.05 72.60 3456.15 1985.05 97 3275.40 DSPAMC - HEALTHADD 117.21 119.99 2.49 132.00 115.00 -
ORIENTCERATE 59.15 56.95 59.15 63.00 56.00 420.62 64.90 49.70 - - SandharTech 473.15 467.90 479.00 493.40 461.40 277.81 531.60 186.10 26 468.55 Thiru.Chem [1] 224.25 215.85 224.45 227.80 214.60 359.26 257.00 168.35 36 215.70 DSPAMC-DSPN50ETF 222.37 221.04 1.90 254.00 170.95 -
Orient Grn 29.65 28.20 28.80 29.20 28.2017528.29 34.63 7.09 - 28.31 SANDUR MANG 492.75 485.40 492.75 499.50 480.60 144.00 3492.45 480.60 - - Thom.Cook [1] 166.70 156.20 161.25 165.65 155.50 2010.75 189.85 52.45 91 156.20 DSPAMC-DSPNEWETF 280.92 278.71 15.57 289.70 194.25 -
Orient Htls [1] 131.55 127.05 134.00 135.50 126.55 633.02 138.05 67.90 40 127.05 Sangam 518.30 487.05 531.20 533.20 475.00 56.60 627.20 194.20 32 488.70 ThyrocareTec 607.75 578.80 610.80 610.80 568.05 48.96 690.30 416.00 50 580.70 DSPAMC-DSPQ50ETF 210.67 208.97 5.92 219.70 151.15 -
Orient Pap [1] 51.55 49.85 51.70 52.80 48.80 3170.88 59.79 34.35 17 49.63 Sangh.Mov [2] 1014.50 1007.95 1027.90 1056.95 977.95 170.72 1097.50 305.40 25 1013.15 Tidewater [2] 1651.30 1593.35 1675.00 1675.00 1579.90 36.61 1831.00 809.75 30 1595.10 DSPAMC-DSPSILVETF 69.99 69.97 4.92 78.80 60.52 -
Orient Pres 109.35 131.20 125.30 131.20 121.00 890.46 131.76 53.25 - 131.76 Sanghi Ind 114.50 109.55 115.00 116.85 108.00 681.63 156.20 54.30 - 110.20 Tilakngr Ind 246.00 242.65 249.00 257.00 239.40 1815.82 291.00 95.50 42 244.30 DSPBRAMC-LIQUIDETF 999.99 999.99 2290.66 1045.00 995.30 -
Orient Tri 11.45 10.35 11.40 11.40 10.30 319.70 12.32 5.50 - 10.37 Sanofi 8813.45 8705.55 8815.00 8815.00 8651.05 12.15 9085.00 5301.05 35 8700.00 Time Tech [1] 177.00 173.65 179.00 182.60 171.80 1843.09 194.10 69.55 30 173.85 EDELAMC - EBBETF0425 1182.67 1183.72 3.12 1218.60 1102.50 -
OrientalArmt 378.80 386.45 378.80 396.50 377.15 33.96 503.20 295.55 - - SanseraEngg 995.10 998.40 999.00 1028.00 973.05 155.12 1089.95 703.85 - - Timken 2897.70 2820.05 2910.00 2969.00 2811.00 82.03 3575.95 2658.70 60 2815.85
OrientalCar 757.05 734.25 755.00 756.95 730.05 17.81 936.85 651.00 18 737.25 EDELAMC - EBBETF0430 1339.28 1337.85 6.76 1398.00 1201.00 -
SapireFoodIn 1379.45 1376.35 1380.00 1388.30 1352.95 28.83 1567.85 1120.00 - - Tips Ind [1] 417.60 406.95 417.55 419.60 398.70 388.23 443.60 143.35 44 407.15 EDELAMC - EBBETF0431 1196.93 1195.89 6.69 1203.15 1102.22 -
OrientElect 210.00 202.40 210.05 212.20 201.50 551.85 284.05 201.50 - - Sarda Ene [1] 220.65 216.35 222.15 222.25 213.70 315.96 264.95 96.70 15 216.15 TitagarRail 1000.15 942.15 1002.05 1005.00 931.40 1139.01 1248.90 203.20 - -
OrisaBengCar 68.90 62.50 69.10 70.85 60.70 201.38 86.90 45.00 - - EDELAMC - EBBETF0433 1097.00 1096.97 6.95 1262.60 858.69 -
Saregama [1] 357.65 348.55 357.65 357.70 343.10 366.80 458.80 284.02 37 347.40 TitanComp [1] 3591.60 3585.25 3599.00 3618.60 3570.05 487.28 3885.00 2320.00 91 3584.00 EDELAMC - EGOLD 64.15 64.10 0.51 74.20 53.10 -
OswalAgroMil 48.90 44.65 49.50 50.00 44.10 250.22 58.95 23.55 - 44.66 Sarla Perf [1] 70.70 66.45 71.70 72.30 65.55 727.47 73.90 32.40 19 66.11 TMB 493.65 487.10 499.85 499.85 485.50 54.75 611.35 399.00 - -
OswalGrenTec 37.90 35.40 37.90 38.35 35.00 1135.25 49.40 16.80 - - EDELAMC - ESILVER 72.79 73.17 5.06 80.97 71.49 -
SarveswrFood 9.70 9.25 9.75 10.10 9.2515200.08 156.90 4.00 - - TN News 273.80 264.80 275.85 276.80 262.55 277.89 330.95 200.05 7 265.15 EDELAMC-BBETF0432 1125.79 1123.06 0.97 1325.38 844.00 -
Sasken 1515.25 1502.40 1500.00 1534.10 1471.05 28.73 1584.50 774.00 22 1490.00 TN Petro 96.65 92.90 97.00 98.50 92.40 574.90 113.85 68.37 15 93.00
P ............................................... SastaSunVent 408.85 382.20 410.95 412.05 377.40 58.90 506.35 190.05 - 381.35 Tor.Pwr 1173.45 1130.50 1172.70 1194.65 1117.65 364.49 1214.80 449.25 30 1131.55
Gold BeEs [1]
Goldmanamc - CPSEETF
53.05
78.72
52.79
74.99
4060.61
14367.40
53.79
81.80
46.94
37.81
52.82
75.05
P&GHealth 5495.05 5560.50 5600.00 5642.85 5504.20 32.15 5642.85 4492.80 - - SatiaIndus 130.50 120.25 124.55 125.70 119.00 1183.22 155.00 101.00 - - TorrentPhar [5] 2657.35 2619.65 2650.95 2655.80 2604.60 96.22 2699.95 1446.15 76 2620.40
P&S Bk 66.60 59.95 66.00 66.90 59.95 5581.55 77.50 23.06 44 60.06 Satin Credit 253.20 241.65 258.50 258.80 240.30 895.88 283.65 116.25 7 241.70 TotalTranspt 118.80 114.25 119.20 121.40 113.15 38.35 186.60 110.10 - - HangSengBees [1] 241.31 242.02 146.04 313.80 225.91 241.89
Page Ind 36304.15 36121.80 36500.00 36500.00 35700.00 53.64 43599.00 34968.60 75 36081.95 SATIndust 118.05 108.80 118.05 118.05 108.00 1023.18 145.60 55.00 - - Tou.Fin.Cor 205.05 185.75 200.00 200.90 184.55 4712.20 247.00 66.75 19 186.75 HDFC GOLD ETF 54.51 54.26 677.69 57.25 48.44 -
PaisaloDigit [1] 133.80 130.10 134.80 137.55 128.55 2261.55 138.75 42.01 36 130.70 Savita [2] 399.30 425.55 405.75 443.30 383.60 1329.22 449.00 231.95 18 421.95 TPL Plastech [2] 63.75 63.00 66.65 68.30 62.45 847.30 72.20 26.90 28 62.95 HDFCAMC - HDFCBSE500 32.79 32.71 36.39 34.00 22.35 -
Pakka 354.50 326.95 357.50 361.00 320.00 381.95 399.00 117.40 - - SBCExports 23.35 22.20 23.70 24.05 22.20 2022.01 38.85 15.30 - - TracxnTech 98.95 98.60 99.70 102.90 97.75 1977.51 124.20 60.10 - - HDFCAMC - HDFCGROWTH 112.01 112.41 1.25 117.20 83.30 -
PalredTech 203.85 176.60 186.00 194.95 170.55 288.95 229.30 112.10 82 176.10 SBFCFin 87.85 85.95 88.25 88.60 85.60 1225.54 97.80 80.20 - - Trans.Corp [2] 894.65 873.75 900.00 912.45 869.05 65.98 1080.00 591.00 21 873.45 HDFCAMC - HDFCLIQUID 1000.00 1000.00 0.33 1020.00 980.00 -
Pan.Petro [2] 318.95 307.00 320.80 320.80 304.10 134.74 370.20 268.05 14 303.85 SBI [1] 725.25 707.90 726.00 726.00 704.5022873.14 728.20 501.85 10 707.90 TRANSINDIA RE 54.10 49.75 54.45 55.35 48.50 1319.53 59.80 32.80 - - HDFCAMC - HDFCLOWVOL 17.83 17.76 122.81 179.47 13.00 -
Panac.Bio [1] 155.90 151.05 155.90 159.25 150.05 187.22 202.20 107.15 - 150.75 SBICards&Pay 718.40 712.85 720.00 720.00 709.15 1096.34 933.00 699.00 - - Tree Hse 27.50 30.25 29.05 30.25 29.05 468.17 30.21 10.35 - 30.21 HDFCAMC - HDFCMID150 18.13 17.73 388.26 168.00 14.17 -
ParadepPhosp 81.85 78.45 82.40 82.75 76.7511711.41 85.90 48.30 - - SBILifeInsur 1439.70 1436.00 1442.45 1452.00 1423.25 515.51 1495.00 1039.25 77 1435.15 TRENT [1] 3759.55 3802.05 3767.80 3834.65 3700.10 1087.52 3935.85 1272.40 152 3804.85 HDFCAMC - HDFCMOMENT 30.09 29.97 216.52 255.00 21.75 -
ParagMilk 261.65 280.55 269.95 289.75 265.5511708.48 290.00 68.00 31 280.45 SchaeflerInd [2] 3016.85 3005.50 3021.05 3056.85 2981.35 83.97 3719.20 2616.05 51 3004.80 TRF 432.50 473.40 459.00 475.75 433.00 1963.72 476.75 153.00 11 475.75 HDFCAMC - HDFCNIFBAN 46.20 45.46 158.50 555.00 45.20 -
Param.Com [2] 96.40 91.60 97.35 98.10 91.60 876.27 116.70 28.00 37 91.60 SChand&Co [5] 278.30 259.90 279.90 279.90 258.00 101.38 335.00 167.20 60 259.10 Trib Bhimji 127.70 122.50 127.80 128.90 121.30 306.62 143.90 58.50 16 122.60 HDFCAMC - HDFCNIFIT 38.36 38.67 42.97 387.70 37.07 -
ParasDef&Spc 772.50 710.00 748.00 758.95 707.70 780.49 848.00 445.55 - - Schneider [2] 594.80 562.35 597.90 597.90 555.20 833.35 641.60 146.15 62 563.35 Trident [1] 44.30 42.65 44.45 44.95 42.2021947.73 52.85 25.10 - 42.73 HDFCAMC - HDFCNIFTY 238.33 236.79 73.21 245.40 179.99 -
PARKHOTELS 155.00 203.55 186.00 223.20 171.2558011.79 223.20 171.25 - - SCI 233.55 212.35 234.50 237.80 210.20 8385.59 290.60 79.50 14 212.00 Trigyn 133.10 125.30 135.00 135.80 123.15 601.48 167.90 84.75 23 125.90 HDFCAMC - HDFCPVTBAN 23.15 22.73 190.31 278.00 22.59 -
PasuptiAcryl 45.45 42.00 44.70 45.65 40.45 424.60 51.30 22.35 - - SecuriIntSvc [5] 469.00 452.90 471.35 474.25 451.15 75.16 560.00 317.95 34 452.35 Triv.Eng [1] 348.55 333.60 350.00 351.30 330.60 439.56 417.00 250.10 17 333.45 HDFCAMC - HDFCQUAL 51.20 50.34 5.38 52.51 37.06 -
PATANJAFOODS 1603.80 1563.85 1600.00 1622.00 1548.00 649.66 1713.80 853.50 - - Selan Exp 519.90 492.60 519.90 525.00 484.95 85.64 558.60 228.65 27 494.00 Triv.Tur [1] 466.40 428.35 467.80 472.10 423.40 958.54 498.00 275.25 72 427.25 HDFCAMC - HDFCSENSEX 78.90 78.35 25.82 818.25 77.80 -
Patel Eng [1] 71.55 67.25 71.80 71.80 66.0523173.87 79.00 13.10 26 67.18 SemacConsult 2960.55 2799.55 2976.25 2976.25 2750.00 2.39 3049.20 2125.00 - - TrucapFin 74.85 70.45 74.85 74.90 68.65 631.58 87.10 37.25 - - HDFCAMC - HDFCSILVER 69.73 69.76 90.99 77.15 60.89 -
Patel Int 23.50 22.20 24.45 24.65 22.00 1293.75 28.87 10.51 - 22.08 SencoGold 784.90 772.00 784.85 790.70 770.00 160.30 850.00 358.45 - - TTK Prst [1] 763.00 769.70 763.95 779.25 758.75 69.24 832.00 652.10 45 768.65 HDFCAMC - HDFCSML250 152.35 146.89 1270.49 158.62 85.00 -
PBFintech 933.60 939.95 941.05 967.00 930.05 1030.19 1048.00 481.00 - - SEPC 24.55 23.35 24.80 25.25 23.35 9835.71 27.70 7.50 - - TTKHealtcare 1476.80 1480.35 1484.20 1524.95 1460.00 14.96 1575.00 827.65 32 1493.50 HDFCAMC - HDFCVALUE 126.43 123.88 9.17 131.50 88.90 -
PC Jewl 52.40 50.40 52.40 53.00 49.80 2124.68 65.53 21.40 - 50.29 Sequent Sc [2] 135.00 126.95 135.50 136.70 125.50 1536.41 146.90 61.80 - 127.05 TTML 98.25 89.30 99.35 99.45 88.1016690.66 109.10 49.80 - 89.47
Sesh.Paper [2] 330.10 323.65 330.10 333.60 321.30 47.71 421.75 220.00 6 324.55 HDFCAMC HDFCPSUBK 69.68 67.46 55.88 75.00 65.50 -
PCBL 319.65 295.65 320.90 321.40 291.60 3696.58 343.50 108.70 - - TubeInvIndia 3459.20 3497.15 3509.65 3564.00 3430.25 137.67 4125.00 2375.00 - -
PDS 538.45 549.45 538.45 567.60 528.65 85.55 666.00 304.00 - - Shal.Paints [2] 199.95 195.30 198.70 199.70 193.50 574.87 225.65 132.80 - 195.05 HDFCAMC-HDFCNEXT50 57.82 56.65 48.02 522.32 42.90 -
TV Today [5] 236.40 239.65 251.00 262.00 236.20 1202.20 274.10 170.00 26 240.40
Pearl Poly 37.15 33.50 37.85 37.90 32.75 342.77 40.89 17.20 - 33.42 Shalby 295.80 290.75 295.95 307.00 288.00 271.23 333.85 114.35 32 290.45 HDFCAMC-HDFCNIF100 22.69 22.44 37.03 220.70 18.91 -
TVS Elec 344.65 322.05 339.95 341.95 320.00 123.15 432.00 291.30 138 322.40
Peninsula [2] 65.00 59.30 65.00 65.00 58.10 1768.28 71.40 11.11 26 59.39 ShankarBldg 769.75 748.40 771.00 789.65 741.50 180.99 929.30 574.00 28 744.95 TVS HOLDINGS 8655.35 8409.55 8746.60 8884.95 8212.25 7.59 9300.00 3701.20 - - ICICI PR NIF LW VL 30 ETF 192.18 191.29 93.48 198.60 133.10 -
Pennar Ind [5] 147.10 142.15 149.30 151.70 140.50 1255.24 162.30 65.50 35 143.05 Shanthi Grs [1] 513.95 501.15 516.55 519.85 500.00 33.57 645.00 316.80 51 498.95 TVS Mot [1] 2037.60 2035.75 2044.00 2054.45 2015.55 309.48 2104.00 1019.90 48 2035.05 ICICI MIDCAP SEL ETF 147.04 145.93 7.87 151.10 88.77 -
Persistnt 8638.75 8704.75 8692.00 8764.20 8610.05 575.92 8828.60 3959.25 63 8687.75 ShantOversea 25.10 30.10 25.85 30.10 24.05 877.82 30.10 13.55 - - TVS Sri 4206.15 4108.90 4206.15 4258.00 4095.00 6.95 5094.95 2454.15 33 4102.60 ICICI PRUD NIFTY 100 ETF 244.23 242.23 8.35 249.59 181.90 -
Petronet 270.15 257.00 272.40 272.40 255.60 7857.73 296.15 191.65 11 257.40 ShardMotor [2] 1378.00 1353.15 1360.10 1417.95 1346.00 63.75 1493.60 550.00 15 1349.80 TvsSuplyChan 185.30 183.20 186.30 186.35 181.30 327.65 258.00 181.30 - - ICICI PRUD NIFTY ETF 239.55 237.91 199.52 250.15 179.20 -
PFC 428.85 424.15 429.00 435.25 412.9530349.20 477.80 108.88 10 424.10 ShardaCropch 377.00 367.65 381.00 382.85 365.00 169.15 580.00 365.15 20 368.25 ICICI PRUD SENSEX ETF 800.47 793.87 3.44 819.64 626.07 -
Pfizer
PG Elec
4360.80
2001.20
4360.70
1840.65
4360.00
2024.95
4571.95
2032.90
4332.30
1799.70
35.41
64.31
4838.90
2570.00
3406.95 39 4361.25
1155.00 95 1840.25
ShareIndSec
SheelaFoam [5]
1920.20
1093.95
1921.60
1076.05
1926.35
1096.05
1932.25
1106.00
1890.90 256.63
1070.10 38.57
1978.75
1363.55
990.60 -
905.50 63 1078.70
- U ............................................... ICICI PRUDENGOLD ETF
ICICI PRUDENTINV20 ETF
54.76
135.49
54.49
134.22
632.13
45.20
57.30
139.60
47.05
95.30
-
-
UB [1] 1776.75 1726.90 1767.00 1772.30 1710.05 301.75 1913.50 1342.25 135 1726.30
PGHH 16552.45 16387.20 16554.00 16615.95 16301.25 2.92 19086.20 13101.05 70 16389.95 Shemaroo Ent 173.95 157.45 175.30 175.30 154.20 328.02 239.80 101.00 - 157.40 UCAL 174.25 159.80 172.65 175.25 156.10 83.39 185.00 134.55 - - ICICIPRAMC - ICICI500 33.49 33.06 304.31 33.98 23.71 -
Phoenx.Mil [2] 2812.15 2654.85 2779.10 2790.00 2625.05 188.08 2834.40 1186.45 164 2658.15 ShetalCoolPr 324.55 321.55 329.85 329.85 319.75 15.91 717.05 318.25 - - ICICIPRAMC - ICICI5GSEC 55.25 55.43 0.65 62.95 50.30 -
Uco Bk 60.55 55.10 60.90 60.90 54.5038435.30 70.66 22.26 38 55.16
PidiliteInd [1] 2657.95 2670.30 2664.85 2683.80 2650.00 364.62 2804.00 2250.85 78 2667.90 Shilpa Med [1] 368.20 369.95 381.00 381.15 365.90 646.61 408.70 222.40 - 369.90 ICICIPRAMC - ICICIALPLV 256.43 254.07 645.48 262.70 167.06 -
UdayshvInfra 56.30 52.70 56.65 56.65 52.30 892.17 63.80 27.30 - -
PIIndustries [1] 3484.35 3403.45 3499.00 3499.00 3369.40 769.17 4010.00 2870.00 32 3401.95 ShilyEngPlas 402.30 394.75 405.00 410.85 385.95 77.76 1914.95 309.70 - - ICICIPRAMC - ICICIAUTO 198.79 197.51 67.06 203.48 120.40 -
Uflex 455.80 427.75 444.90 454.00 424.65 227.27 529.80 325.20 15 427.60
e2085190

e2085190
PIL Italica [1] 16.80 15.80 16.85 17.30 15.75 1973.04 17.63 5.95 - 15.77 ShivalikBimt 551.70 537.70 569.00 569.00 532.95 227.01 750.00 384.00 - - ICICIPRAMC - ICICIBANKP 229.10 225.17 251.72 251.10 194.26 -
UFO Moviez 146.35 139.15 147.50 149.70 138.05 630.46 174.00 57.30 42 139.40
Pilani Inv 3177.50 3076.30 3198.75 3200.00 3009.10 6.02 3392.95 1602.65 20 3060.40 Shivam Auto [2] 45.85 43.60 46.55 46.65 43.55 360.63 47.00 20.50 - 43.73 ICICIPRAMC - ICICICOMMO 82.88 81.00 86.43 84.82 53.75 -
Ugar Sug [1] 89.70 84.10 90.40 90.70 82.20 749.89 135.65 76.00 14 84.34
PiramalPharm 135.75 133.60 135.75 136.55 132.65 3016.35 149.00 63.10 - - ShivlkRasayn 667.45 664.10 670.80 680.00 635.10 18.36 893.00 603.60 - - ICICIPRAMC - ICICICONSU 98.61 97.79 37.01 108.00 71.00 -
UgroCapital 277.75 264.95 279.65 279.65 264.00 247.16 319.15 144.30 - -
Pirmal.Ent [2] 892.15 859.55 897.00 899.80 857.00 852.75 1140.00 630.20 17 857.15 Shop.Stop [5] 749.40 734.10 749.80 763.55 729.00 209.50 889.75 574.85 111 733.35 ICICIPRAMC - ICICIFMCG 559.87 554.36 11.63 607.58 455.32 -
UjivanFinSer 567.50 552.65 575.80 575.80 551.00 391.22 614.70 233.20 36 552.25
PittiEngg [5] 670.45 652.80 670.00 675.00 638.00 177.58 748.00 256.80 28 657.05 Shr.Ren.Sug [1] 49.45 46.10 48.85 49.20 45.6518026.69 57.25 39.50 - 46.16
UjjivanSFB 57.40 54.95 57.70 57.70 54.7511051.65 63.00 22.75 - - ICICIPRAMC - ICICIINFRA 81.42 80.50 152.24 84.57 50.52 -
PixTransmisn 1284.65 1309.95 1371.05 1390.00 1296.55 65.62 1568.95 717.20 - - Shre PushChe 193.15 187.40 193.00 195.20 185.00 65.65 242.00 141.00 40 187.75
UltraTech 9945.75 9963.85 9951.0010017.45 9906.90 191.6910522.65 6991.35 46 9962.00 ICICIPRAMC - ICICILIQ 999.99 999.99 1228.10 1200.00 970.00 -
Plastiblen [5] 298.00 278.40 296.00 297.90 273.90 46.92 357.15 139.00 22 279.35 ShreDigvjCem 112.85 110.50 113.90 114.50 109.95 793.83 123.90 57.30 - -
UmangDair [5] 80.50 75.60 80.20 83.55 74.15 114.24 92.10 49.51 - 75.63 ICICIPRAMC - ICICIM150 184.30 180.06 64.94 187.98 112.27 -
PNB Gilts 111.65 103.35 112.15 113.00 102.55 2000.15 128.38 55.25 - 103.35 ShreeCements 27630.10 27265.50 27630.10 27709.60 27162.00 17.05 30710.15 22601.30 42 27245.50
Unichm Lab [2] 517.45 504.25 520.00 544.00 496.00 91.69 579.80 271.65 - 501.65 ICICIPRAMC - ICICIMOM30 30.08 29.48 716.44 31.58 17.87 -
PNB Housing 825.85 787.35 829.80 844.40 782.10 606.28 913.95 384.17 15 786.85 SHREEOSWAL 45.05 43.20 45.75 45.75 42.50 46.57 425.35 42.50 - -
Union Bk 148.85 139.75 150.00 150.05 138.2022342.66 155.30 60.32 8 139.75 ICICIPRAMC - ICICINXT50 59.35 58.30 245.52 61.55 37.10 -
PNC Infratec [2] 427.50 394.80 428.80 431.40 391.00 624.29 463.20 261.25 16 394.75 Shreyans 265.05 255.10 269.00 270.90 253.05 24.26 318.45 129.75 4 255.50
UnipartsInd 549.10 528.80 549.10 558.95 523.55 187.57 722.65 501.15 - - ICICIPRAMC - ICICIPHARM 120.90 121.56 40.58 122.29 73.81 -
Pokarna Ltd [2] 494.75 492.10 491.00 500.90 485.05 103.07 599.95 233.75 - 490.80 Shreyas 288.35 273.45 287.35 287.35 271.00 149.35 506.00 212.20 - 272.35
United Spr [2] 1111.50 1095.45 1111.50 1119.60 1090.00 800.01 1148.65 730.90 70 1094.60 ICICIPRAMC - ICICIQTY30 186.92 185.94 70.44 190.57 156.80 -
Poly.Medi [5] 1532.40 1515.80 1535.05 1570.25 1504.75 34.78 1673.95 876.00 61 1515.55 SHRIRAMFINAN 2334.10 2262.25 2335.00 2352.95 2254.85 569.01 2496.55 1190.00 - -
UnitedDrilng 295.60 271.55 295.05 295.05 270.00 72.29 319.00 168.35 - - ICICIPRAMC - ICICISILVE 72.16 72.31 93.39 79.41 63.09 -
PolycabIndia 4307.35 4345.20 4309.00 4365.70 4286.15 761.49 5733.00 2753.90 - - SHRIRAMPIST 1784.65 1737.30 1787.00 1790.00 1675.10 298.03 1866.95 948.90 - -
Univ.Cab 484.90 481.05 493.60 498.50 470.05 52.61 562.00 296.30 39 480.85 ICICIPRAMC - ICICITECH 39.80 40.13 652.63 41.00 27.25 -
Polyplex 977.80 958.15 985.00 985.00 951.55 96.06 1643.90 955.55 20 959.00 ShriramPropr 134.10 125.85 134.95 136.65 122.10 4260.04 140.90 53.00 - -
UnivastIndia 133.90 134.30 135.05 138.00 127.20 225.92 147.00 76.50 - - ICICIPRAMC - IPRU5008 46.09 45.40 204.91 50.92 38.00 -
PonawalaFinC 480.85 470.55 480.65 482.60 467.30 871.75 519.70 274.65 - - ShyamMetalic 682.05 657.70 682.05 702.85 650.15 854.41 737.80 254.55 - -
UnoMinda 640.00 629.90 645.65 645.65 626.35 844.16 726.00 435.00 - -
PondyOxides 765.90 713.25 779.95 780.00 703.00 85.53 906.30 262.10 - - Siemens [2] 4275.80 4218.35 4275.80 4359.30 4204.00 310.74 4359.00 3077.65 79 4217.25 ICICIPRAMC - PSUBANKICI 69.80 66.77 921.46 77.94 35.34 -
UPDATER SERV 358.30 346.55 372.05 372.40 339.00 609.53 384.10 235.30 - -
Ponnie Sug 466.65 432.75 478.50 480.00 428.20 99.94 514.90 361.40 9 429.85 SigachiIndus 77.95 70.90 77.95 78.35 69.20 2204.44 419.40 36.40 - - ICICIPRAMC-BARATWIN 99.22 95.88 1696.78 103.30 55.90 -
UPL [2] 457.95 458.40 461.80 465.80 455.05 4404.67 780.00 453.25 33 458.20
Power Mech 5329.45 5220.35 5340.00 5378.65 5030.15 44.03 5544.00 1771.00 36 5215.80 SigmaSolve 442.45 441.05 441.00 449.20 435.05 15.01 570.00 297.25 - - ICICIPRAMC-ICICIFIN 22.66 22.23 258.17 23.50 15.21 -
Usha Mar [1] 332.25 322.30 334.00 334.80 313.55 1083.20 379.70 164.45 31 323.40
PowerGrid 273.00 270.30 273.20 276.00 266.2519140.02 289.45 159.34 16 270.10 SIGNATUREGL 1317.00 1311.80 1319.95 1345.05 1310.00 561.93 1345.05 444.00 - - IDFCAMC-IDFNIFTYET 235.45 233.55 0.67 254.96 176.00 -
UTIAMC 918.50 897.80 918.50 928.45 893.25 88.31 965.00 608.00 - -
PowerInst(G) 65.95 62.25 66.10 69.70 61.90 44.00 77.45 36.25 - - SignetIndus 74.45 72.35 75.00 77.85 71.70 77.47 89.40 32.25 - - Infra BeEs 825.73 818.41 12.62 2548.00 1781.10 2314.00
SIL Inv 432.35 449.15 439.15 479.00 439.15 41.99 484.00 244.55 20 447.35 UtkarshSFB 62.10 57.60 62.50 62.55 57.20 9685.82 68.30 37.20 - -
Praj Ind [2] 499.55 483.10 503.50 503.50 480.50 935.41 650.30 299.00 32 483.75 Utm.Sug 372.60 349.75 373.15 375.40 345.05 249.50 535.20 216.00 8 349.25 InvesIndGold [100] 5564.90 5520.95 0.04 5833.00 4902.15 5512.40
PrakashPipes 435.00 415.85 433.00 438.75 412.20 124.46 493.00 134.20 - - SilvrTuchTec 713.60 715.30 700.05 729.85 698.65 38.32 735.00 317.40 - - Kotak Nifty [5] 234.76 233.21 59.66 2063.00 1644.20 1710.05
Praksh.Ind 201.85 181.70 199.85 201.00 181.70 1144.17 223.70 48.82 10 181.50 SimbholiSug 35.30 32.00 35.75 35.75 31.30 772.42 37.96 18.10 - 32.05
PratapSnack [5] 1249.00 1187.20 1250.05 1274.00 1153.00 81.64 1450.00 662.00 45 1179.05 SINDHU TRADE 36.45 40.25 36.90 42.60 36.8047461.88 42.60 21.65 - - V ............................................... Kotak PSU Bk
KOTAKMAMC - KOTAKIT
689.17
39.69
661.25
39.91
31.71
75.56
697.00
41.00
350.05
27.45
665.96
-
PrecisionCam 226.70 212.30 228.15 234.60 208.30 244.07 319.00 88.41 26 212.30 SircPaintInd 376.70 357.35 372.60 375.80 355.00 169.76 685.00 297.00 - - V Mart 2164.65 2075.65 2172.00 2175.00 2055.00 57.67 2599.95 1591.00 - 2080.05
V2 Retail 390.15 370.65 409.65 409.65 370.65 345.58 411.50 67.00 85 372.40 KOTAKMAMC - KOTAKLIQ 999.99 1000.00 0.08 1004.00 999.01 -
Precot 330.70 331.10 333.00 351.00 306.05 68.06 351.00 128.10 - - Siyaram [2] 512.50 504.50 514.90 517.95 500.00 76.72 633.80 400.00 12 503.70
VA T Wab [2] 685.65 665.25 697.00 700.00 657.05 501.24 730.20 304.55 13 665.20 KOTAKMAMCKOTAKMID50 140.23 138.67 23.30 142.00 82.70 -
Precsn.Pipe 241.80 217.00 212.35 233.90 212.35 97.36 294.70 147.85 121 217.05 SJSEnterpris 610.05 617.00 611.00 633.80 609.00 237.13 745.00 377.65 - -
SJVN 140.55 112.45 125.00 130.70 112.45 117827.26 170.45 30.39 50 112.50 Vadilal 3495.45 3433.95 3543.55 3578.00 3240.00 31.07 3798.90 1800.00 26 3427.25 KOTAKMAMC KOTAKSILVE 70.38 70.74 7.88 79.00 60.60 -
Precsn.Wre [1] 139.85 129.90 141.30 141.30 128.05 794.11 155.55 59.50 36 130.25 KOTAKMAMC-KOTAKALP 45.22 43.72 687.60 46.60 24.19 -
PremierExplo 1402.05 1407.50 1427.00 1457.50 1390.05 46.46 1687.85 352.50 64 1405.80 SKF India 4518.75 4466.20 4541.00 4575.00 4421.00 33.10 5528.90 3961.00 44 4457.55 VadivrSpeChe 240.65 226.50 247.50 247.50 225.00 15.18 309.00 151.35 - -
Skipper [1] 301.80 282.10 302.95 310.05 276.10 1012.62 323.00 85.27 52 281.15 Vaibhav [2] 458.80 437.60 457.00 467.95 433.05 562.54 543.05 268.60 95 436.95 KOTAKMAMC-KOTAKCONS 97.68 99.04 8.66 103.17 69.42 -
Prestige Est 1202.50 1175.05 1203.10 1224.30 1151.15 357.71 1440.00 391.30 134 1174.05
Pricol [1] 419.15 423.45 420.55 427.70 411.85 677.77 429.00 174.50 45 422.35 SKM Egg 312.40 296.80 296.80 305.00 296.80 270.59 559.40 122.20 8 297.55 VaishaliPhar 161.90 155.70 164.00 164.50 154.00 118.20 203.60 114.85 - - KOTAKMAMC-KOTAKLVOL 18.29 18.06 18.73 19.45 12.55 -
Prime Foc [1] 127.25 113.50 128.65 131.45 102.30 277.86 147.90 66.30 - 111.85 Smartlink [2] 175.45 170.60 173.10 175.75 169.10 17.68 199.80 129.60 71 170.60 Vakrang [1] 25.95 24.05 26.15 26.45 23.5515549.12 32.19 12.83 - 24.22 KOTAKMAMC-KOTAKMNC 24.71 24.55 2.75 25.00 18.72 -
Prime.Sec [5] 179.60 172.25 177.20 178.80 170.10 29.63 200.05 92.30 44 171.60 SMCGloblSecu 132.70 125.45 133.50 134.65 125.00 508.20 142.80 69.70 - - ValiantLabs 182.45 177.20 182.00 185.00 175.20 203.87 214.95 162.10 - - KOTAKMAMC-KOTKBKETF 466.12 457.85 54.62 498.30 392.32 -
PrincPipeFit 635.40 619.65 647.00 652.00 617.00 214.18 776.00 533.05 - - SML Isuzu 1528.10 1470.35 1531.95 1549.45 1426.20 53.14 1651.40 658.20 26 1466.90 ValiantOrgan 463.40 452.80 463.55 468.20 451.00 36.68 635.00 355.00 - - Kotal Gold [1] 53.16 52.99 148.14 53.89 46.91 52.96
PrismJohnson 183.00 170.15 183.00 183.00 169.75 2195.58 198.90 101.20 - 170.35 SMS Phr [1] 146.30 146.45 149.90 160.00 142.00 4862.82 160.00 54.50 30 146.50 Vard Text [2] 442.40 423.10 443.40 448.50 412.00 436.62 454.05 270.00 21 420.40 KOTKMAMCKTNV20ETF 137.82 137.04 19.96 141.50 97.80 -
Prit.Nandi 57.40 56.25 57.80 59.85 55.75 71.69 66.15 29.19 - 55.95 SMSLifeScien 650.15 612.80 653.95 666.00 602.35 16.11 707.05 472.05 - - Vard.Acry 68.90 65.40 68.00 68.70 64.20 559.08 265.75 184.40 - 240.65 LIC MF -C GOLD ETF 5710.00 5690.65 0.10 5976.60 5000.00 -
PriviSpecial 1237.05 1237.45 1236.30 1249.90 1218.00 20.12 1365.50 901.30 - - SnowmanLogi 69.35 65.30 69.90 69.90 64.60 2529.85 79.27 30.25 - 65.22 Vard.SPC 215.20 210.50 215.15 216.15 209.75 120.79 252.00 159.65 24 210.50 LICNAMC-LICNFENGP 236.83 235.19 0.19 265.00 176.85 236.00
ProzonRealty 39.75 37.10 39.05 40.70 36.60 1997.01 44.80 20.70 - - Sobha 1418.15 1348.55 1385.00 1408.00 1258.35 1095.24 1577.35 412.40 151 1347.65 VarrocEngg 532.55 508.20 535.00 536.95 503.00 347.84 632.00 239.45 - - LICNAMC-LICNFESGP 779.52 778.60 0.23 844.00 620.93 -
PrudentCorp 1288.00 1293.20 1287.00 1318.80 1260.15 17.06 1444.50 703.30 - - Solar Ind [2] 6890.70 6798.00 6894.95 6990.00 6776.00 50.20 8499.00 3456.95 107 6794.75 VARUN BEVER[5] 1370.00 1389.35 1379.00 1394.70 1367.05 1289.33 1412.25 623.03 102 1389.00 LICNAMC-LICNFNHGP 239.25 236.13 1.73 248.00 178.01 -
PSPProjects 736.85 697.35 740.00 750.00 692.30 228.34 846.00 652.15 16 695.80 SolarActPhSc 388.50 374.20 392.70 392.70 370.05 96.86 449.80 286.00 - - Vascon 81.80 74.90 79.35 81.80 74.10 3541.13 93.10 23.83 18 75.00 LICNAMC-LICNMFET 24.99 24.84 20.30 27.97 22.30 -
PTC 227.00 192.20 226.90 227.00 185.2510330.42 254.65 84.00 14 192.30 Som Dist [5] 271.60 246.25 250.00 259.45 243.25 1255.70 389.80 112.37 49 246.30 Vaswani 34.70 32.85 34.65 35.05 32.50 268.25 39.00 18.00 17 32.77 Liquid BeEs [1000] 1000.00 1000.00 2392.15 1004.70 995.35 1000.00
PTCInd 8609.00 8428.50 9000.00 9000.00 8251.20 10.41 9540.00 2950.00 - - Somany [2] 695.20 679.90 694.80 694.80 678.75 25.87 818.00 466.00 28 679.15 Vedanta [1] 274.35 268.15 276.95 281.05 265.05 6191.88 317.90 207.85 5 267.50 MIRAEAMC - ALPHAETF 22.51 22.26 139.59 23.57 16.56 -
PTL Ent [1] 48.70 45.25 48.00 48.70 44.55 379.01 54.00 29.50 29 45.57 SonaBLWPrecn 619.35 593.95 627.00 627.90 585.00 613.06 669.95 401.10 - - VedantFashn 964.80 956.35 969.65 981.35 949.35 160.02 1487.90 945.00 - - MIRAEAMC - BANKETF 457.01 449.56 7.28 553.25 421.00 -
PudumjePap[1] 73.10 69.60 73.80 75.50 69.00 336.08 84.00 34.00 9 70.19 Sonata [1] 796.70 783.80 797.55 808.70 775.10 243.21 837.65 319.73 64 782.95 Venky's 1790.95 1745.60 1795.00 1799.95 1740.00 52.37 2312.95 1420.10 35 1745.90
MIRAEAMC - ITETF 38.20 38.16 11.83 40.00 30.40 -
Pun.Natl.Bk [2] 123.90 118.25 124.85 125.55 117.1065062.68 128.25 44.41 20 118.15 South In Bk [1] 35.55 32.90 35.75 35.85 32.1528382.01 40.16 13.79 6 32.91 VensPipe&Tub 1494.90 1473.30 1516.70 1516.70 1471.10 51.73 1582.00 711.00 - -
VenusRem 400.65 388.65 400.05 418.80 382.00 167.04 429.60 146.05 26 389.55 MIRAEAMC -QUID 999.99 999.99 91.56 1000.84 999.00 -
Punj.Chem 996.35 960.90 1008.80 1012.70 947.40 15.66 1391.95 722.10 22 962.50 SouthWestPin 172.75 163.85 174.90 174.90 161.50 256.24 188.20 91.95 - -
VerandaLearn 242.00 238.25 243.40 247.90 231.75 255.78 336.90 159.70 - - MIRAEAMC - MAESGETF 36.16 36.01 6.01 37.93 27.46 -
Puravankra [5] 233.50 211.05 235.05 236.00 208.15 665.43 269.15 59.35 79 210.65 SpacenetEnt 36.50 35.00 36.50 37.00 34.50 3209.32 38.40 16.50 - -
SpandnaSphor 962.85 942.95 971.15 972.95 932.95 126.29 1243.20 470.00 - - Vesuvius 3675.85 3587.15 3800.00 3800.05 3566.00 40.03 3955.00 1500.00 34 3590.30 MIRAEAMC - MAFANG 80.67 81.30 567.36 81.99 43.02 -
PVP Ven 21.60 20.55 21.55 22.40 20.55 700.84 25.67 5.93 - 20.50 MIRAEAMC - MAFSETF 20.55 20.26 501.09 22.45 17.35 -
PVRInox 1405.40 1368.70 1406.95 1410.90 1366.25 644.78 1875.45 1336.40 - - SPApparels 620.45 562.65 621.95 630.00 547.05 158.03 684.90 273.00 15 566.30 Veto Switch 139.05 127.25 139.75 140.20 126.10 521.11 146.90 71.40 10 127.55
Spec.Rest 242.70 238.15 244.60 246.35 235.75 127.83 287.25 168.00 16 236.55 V-Guard [1] 311.40 307.00 314.45 315.40 305.00 274.81 335.35 237.50 67 306.50 MIRAEAMC - MAGOLDETF 62.65 62.52 37.42 69.80 47.60 -
PYRAMID TECH 166.45 157.60 166.00 166.55 156.00 285.78 239.35 156.00 - -
SpencersRetl 121.05 114.70 121.20 122.80 113.25 484.05 139.30 51.45 - - VidhiSpclIng [1] 421.25 425.05 425.90 432.90 416.55 33.58 472.00 317.15 61 426.45 MIRAEAMC - MAGS813ETF 25.89 25.90 0.94 29.80 19.33 -
MIRAEAMC - MAM150ETF 18.19 17.71 1436.40 18.75 10.75 -
Q ............................................... SPIC
SPL Ind
94.10
72.95
86.70
68.20
94.40
71.50
95.10
72.45
85.50 3199.84
67.15 60.30
107.45
80.75
52.20 9 87.16
53.70 14 68.60
VijayaDianos
Vikas EcoTec [1]
644.35
5.15
644.40
4.65
644.00
4.95
647.70
4.95
635.75 94.26
4.6533896.48
718.80
5.63
349.25
2.38
-
-
-
4.66 MIRAEAMC - MAMFGETF 116.23 115.10 16.63 120.25 67.32 -
Quess Corp 493.20 479.45 480.00 493.25 462.10 611.85 539.00 337.45 25 479.35 Vimta Lab [2] 505.25 501.90 501.05 514.70 491.50 45.62 621.40 288.90 28 497.90 MIRAEAMC - MAN50ETF 230.23 228.56 42.79 238.00 176.06 -
SportkingInd 846.50 811.10 850.00 865.00 806.40 26.05 948.15 638.75 - -
QuickHealTec 486.25 469.60 489.00 489.00 463.30 298.46 522.30 127.35 - 474.05 Vinati Org [1] 1635.90 1613.40 1635.90 1653.90 1597.60 61.05 2029.50 1598.30 41 1611.40 MIRAEAMC - MANV30F 178.68 178.23 1.31 183.14 120.00 -
Sr.Leathrs 361.20 339.25 363.80 364.25 336.00 43.42 435.95 159.10 28 338.20
Sr.Ray.HHP 568.25 553.40 568.50 575.00 545.15 26.97 815.00 375.00 7 551.50 Vindh.Tel 2711.35 2633.90 2798.00 2897.90 2588.40 56.18 2899.00 1506.45 17 2624.50 MIRAEAMC - MANXT50 582.10 569.61 7.05 595.10 372.00 -
R ............................................... SRF 2298.55 2286.50 2303.00 2322.35 2266.70 163.43 2636.65 2050.00 45 2284.30 Vinyl Chm [1] 411.90 391.70 417.00 427.00 383.35 79.14 584.95 314.65 33 391.90 MIRAEAMC - MASILVER 70.41 70.90 1.37 77.83 67.01 -
R R KABEL 1460.20 1437.65 1459.90 1464.35 1420.00 51.97 1820.00 1136.80 - - Star Pap 257.15 241.80 254.00 257.15 238.50 105.46 288.00 143.30 5 241.80 VIP Ind [2] 532.05 529.25 532.35 542.30 526.05 644.60 722.70 513.25 - 529.10 MIRAEAMC - SENSEXETF 72.14 71.48 4.07 82.00 62.27 -
R Sys Intl [1] 489.95 480.15 493.85 497.95 475.20 156.69 599.00 241.15 33 480.05 StarCement [1] 195.20 208.35 201.10 219.50 201.00 9123.08 219.45 104.15 39 207.90 VIPClothing [2] 47.40 44.20 47.05 48.40 43.70 507.93 59.76 37.53 - 44.17 MIRAEAMC-MAHKTECH 12.64 12.54 1293.91 16.38 11.65 -
Radiant Cash 90.15 89.15 91.00 91.75 88.25 319.72 114.30 87.10 - - StarHealth 555.50 553.00 558.55 563.45 550.30 415.92 675.00 489.00 - - Vipul Ltd [1] 16.60 15.90 16.95 17.20 15.80 86.61 20.50 10.11 - 15.96 MIRAEAMC-MASPTOP50 37.51 37.75 208.56 39.00 26.10 -
Radico [2] 1725.25 1729.20 1723.80 1740.00 1670.05 84.14 1882.05 1069.60 98 1729.05 STC India 178.05 162.35 178.00 179.75 158.25 364.13 201.50 62.05 23 163.00 Virinchi 40.65 37.95 41.20 42.90 37.25 2711.24 47.05 28.25 - - MOTIAMC-MOHEALTH 35.14 35.40 66.28 35.89 21.11 -
RadikaJwlTec 61.30 64.90 60.50 70.85 58.00 5002.87 221.25 31.00 - - Steel Strp [1] 261.75 250.00 263.80 264.40 248.95 371.02 298.90 139.00 19 250.60 Visak.Ind [2] 173.15 157.00 177.95 177.95 155.85 2063.24 178.00 64.88 74 156.40 MOTIAMC-MOLOWVOL 34.61 34.28 34.64 35.98 23.23 -
RagegainTrvl 837.15 773.45 840.75 842.20 761.75 430.58 899.80 313.30 - - Steelcast 626.70 635.80 638.20 649.85 621.55 43.11 747.00 437.95 - - VishnuChem [2] 319.90 312.65 320.00 323.10 311.05 111.72 385.30 245.05 18 312.45 MOTIAMC-MOMOMEN 59.85 58.88 154.61 61.90 35.53 -
RailTelCorp 396.85 363.30 396.85 398.60 356.0011328.62 459.20 96.25 - - SteelCitySec 85.10 80.00 86.00 87.75 79.30 106.72 94.70 58.00 - - VishnuPrakas 216.60 182.95 196.35 196.35 181.00 3943.38 242.00 144.00 - - MOTIAMC-MONQ50 58.32 58.38 22.88 59.00 51.36 -
RailVikasNgm 259.25 229.60 258.70 258.70 226.1532239.39 345.50 56.05 - - SteelExIndia 15.85 14.85 15.95 16.00 14.3012254.73 18.40 7.80 - - VishwarajSug 18.65 17.45 18.85 18.90 17.30 2867.06 22.30 13.10 - -
Rain Ind [2] 183.75 170.90 185.05 186.45 168.60 5404.62 199.90 141.05 100 171.05 MOTILALAMC - G5 54.39 54.40 4.25 56.00 48.85 -
Stel Hld [1] 295.15 281.05 288.00 293.90 276.00 14.74 0.24 0.20 - - VLS Fin 284.90 269.95 288.00 297.80 268.55 340.79 297.00 140.75 5 270.05
RainbowChild 1241.75 1254.10 1245.00 1264.30 1204.95 85.13 1329.85 697.00 - - Voltamp 7676.10 7292.15 7676.10 7766.35 7110.80 18.10 8574.30 2571.05 25 7276.60 MOTILALAMC MONIFTY500 20.02 19.86 159.86 24.08 16.30 -
Ster.Tool [2] 357.80 337.50 362.65 362.75 336.30 119.43 456.75 313.45 36 337.85
Raj.Exp [1] 349.50 342.60 349.50 352.75 341.00 480.23 848.00 334.00 333 342.45 Sterlg&Wilsn 614.85 584.10 622.05 626.45 584.10 1278.50 647.00 253.00 - - Voltas [1] 1057.30 1075.35 1058.70 1085.00 1052.60 2309.42 1100.10 745.00 65 1074.15 MOTILALAMC-MOQUALITY 177.90 170.21 8.80 195.00 112.96 -
RajratanGlbl 616.00 612.65 615.00 621.35 607.00 67.95 919.90 607.00 - - SterliteTech 135.85 129.75 137.35 137.70 129.00 1745.39 179.05 128.55 - - VRL Logistic 644.60 634.70 645.05 648.45 632.00 30.81 798.40 494.00 43 633.50 MOTILALAMC-MOVALUE 93.36 89.80 293.93 100.50 46.33 -
Rajsr.Sug 88.10 78.05 90.50 91.00 76.60 492.44 101.95 32.99 9 77.72 StoveKraft 464.45 433.25 455.00 459.55 431.75 186.86 579.00 353.10 - - VST Ind 3550.45 3495.00 3577.00 3577.00 3482.50 7.67 4328.45 2912.55 19 3495.35 MOTIOSMIDCAP100ETF 52.15 50.94 433.91 53.39 30.89 -
RajsrePolypk 254.05 238.75 257.85 257.85 238.00 50.84 271.95 139.00 - - Str.Arcolab 700.55 755.15 714.85 759.40 710.45 3100.70 758.95 268.40 79 755.00 VST Til 3102.30 3168.30 3117.85 3190.05 3088.00 12.74 4184.25 2097.15 22 3152.65 MOTIOSNASDAQ100ETF 143.43 144.68 352.93 146.05 94.30 -
Rallis [1] 253.60 246.95 251.70 252.90 244.45 534.05 274.00 186.50 48 247.70 StylamIndust 1608.25 1589.10 1632.35 1652.95 1575.00 21.55 1970.70 945.00 - - MOTIOSWALM50ETF 221.32 220.82 2.73 241.99 169.14 -
Rama News
Rama Steel [1]
21.95
42.65
19.65
40.70
22.00
42.90
22.40
43.55
19.30 702.27
40.25 5874.66
24.38
50.50
10.30
26.10
-
-
20.00
40.88
StyrenPerfor 1629.40 1499.25 1589.90 1595.80 1490.00 52.75 1650.00 696.10 - - W............................................... NAVIAMC - NAVINIFTY
NiftyBeEs [1]
217.80
240.78
217.10
239.32
0.74
3449.45
230.00
256.30
189.00
184.55
-
239.29
Subex 40.45 37.30 40.70 40.85 36.7524384.90 45.80 25.00 - - Walch.Ind [2] 217.05 206.20 209.00 216.70 206.20 121.77 234.50 49.85 - 207.15
RamaPhosphat 215.30 201.70 213.05 215.85 196.00 22.17 270.00 169.80 - - Subros [2] 616.70 584.35 615.05 625.85 577.00 195.45 732.65 272.00 44 587.40 Webel SL 479.25 455.30 470.00 485.00 455.30 435.07 485.20 62.30 61 455.15 NiftyJrBeEs [1] 610.64 599.64 132.54 615.67 390.90 599.46
Ramco Cem [1] 901.75 882.05 901.75 911.55 877.15 1170.75 1057.85 701.45 49 882.70 Sud.Chem [2] 518.10 515.95 520.70 542.40 510.40 159.86 575.00 352.25 47 516.40 Wels.Corp [5] 558.00 542.05 560.10 570.90 538.00 553.03 625.00 177.85 27 541.30 NIPINDETFCONSUMP 106.29 105.67 45.95 109.50 76.53 -
Ramco Ind [1] 243.20 228.20 244.90 246.20 225.10 323.76 272.00 117.50 23 228.90 SukjiStr&Che 484.80 477.15 492.05 495.00 466.80 24.09 597.90 360.30 - - Welspun Ent. 360.10 350.85 362.70 365.00 346.30 393.90 382.70 117.35 15 351.25 NIPINDETFDIVOPP 73.72 72.21 85.59 76.70 46.69 -
Ramco Sys 303.00 288.20 300.00 301.95 285.10 110.86 356.65 188.50 - 288.45 SulaVineyard 612.40 584.80 616.00 636.00 555.55 752.72 699.00 326.35 - - WelspunLivng 157.50 153.05 158.70 161.60 151.60 3456.99 171.25 62.00 - - NIPINDETFETFNV20 138.88 137.73 7.92 141.08 99.35 -
Ramk.Forg [2] 703.30 707.90 724.95 724.95 681.70 595.58 814.95 244.75 42 705.70 Sumit.Sec 1356.05 1253.25 1376.55 1376.55 1236.10 12.86 1507.00 517.90 46 1253.50 West C Pap [2] 682.15 649.25 670.85 682.00 640.35 338.18 815.00 465.30 7 650.85 NIPINDETFIT 40.00 40.19 5296.23 41.00 27.56 -
Ramky Inf 710.10 582.55 705.55 720.00 568.10 1234.06 1008.90 252.05 12 583.55 SumitomoChem 382.95 379.25 381.90 384.95 378.65 173.22 482.00 371.00 - - WestlifeDevp 782.00 776.95 782.00 789.05 756.05 122.28 1024.95 639.30 - - NIPINDETFLONGTEGILT 25.19 25.18 850.14 25.40 22.50 -
RamRatnaWire 301.05 283.05 301.05 301.10 280.00 35.08 345.45 149.95 - - Sun Pharma [1] 1534.80 1534.45 1539.85 1555.10 1521.10 4059.29 1554.85 922.55 89 1534.55 Wheels Ind 627.25 600.10 630.40 648.25 592.45 128.51 853.95 434.00 26 598.65 NIPINDETFMIDCAP150 184.70 180.24 424.96 192.20 112.00 -
Rana Sug 26.25 24.55 26.65 26.90 24.25 2782.59 30.29 19.40 8 24.62 Sun TV [5] 622.75 606.60 625.10 628.90 604.55 333.72 734.90 394.00 13 606.30 Whirlpool 1358.55 1350.25 1358.55 1358.55 1342.65 50.47 1733.00 1256.60 108 1349.55 NIPINDETFNIFTY100 233.23 230.59 11.77 241.65 171.00 -
Rane (M) 738.55 838.25 797.20 879.00 790.65 571.32 989.95 386.70 7 841.30 Sund.Brak 700.70 665.90 717.00 717.00 656.30 6.95 765.00 271.40 22 660.85 Win.Diamond[2] 80.30 75.60 79.10 83.75 73.40 121.49 104.85 34.65 42 76.45 NIPPONAMC-NETFAUTO 199.21 197.61 54.60 203.78 120.20 -
Rane Brk 870.25 789.90 855.00 855.00 785.00 86.80 944.60 585.00 16 790.00 Sund.Fast [1] 1128.60 1086.20 1134.50 1139.50 1071.55 187.30 1334.15 951.50 49 1085.15 WindlsBiotec 509.25 484.05 511.45 518.35 481.00 118.61 555.00 220.55 - - NIPPONAMC-NETFPHA 18.92 18.99 4875.43 19.36 11.56 -
Rane Hld 1177.15 1135.10 1220.00 1320.00 1107.30 104.44 1378.10 792.00 22 1160.75 Sund.Fin 3717.55 3692.55 3788.00 3840.00 3676.00 66.60 3933.05 2190.40 32 3693.55 Wipro [2] 490.45 501.45 491.00 510.80 491.0024436.75 526.45 351.85 29 501.40 NIPPONAMC-NETFSIL 69.54 69.87 2385.61 76.27 60.79 -
RatanindiaEn 87.25 78.35 88.00 88.40 75.5010129.95 94.85 32.15 - - Sund.Multi [1] 3.05 3.25 3.50 3.50 3.15 9717.17 3.70 1.97 - 3.26 Wockhardt [5] 458.55 434.30 461.70 470.35 420.00 1060.98 507.80 145.35 - 434.75
Ratnamani [2] 3187.45 2993.15 3211.20 3239.50 2980.00 124.10 3923.95 1916.00 33 2989.15 NIPPONIND-NIMFXX 118.82 118.90 1.56 121.05 110.81 -
SundaramClay 1540.00 1475.50 1452.35 1522.45 1452.35 28.37 1783.75 1439.80 - - WonderlaHoli 881.10 870.80 872.00 903.95 846.10 68.32 995.50 380.50 29 858.95
RatnaverPrec 143.15 131.60 143.05 146.25 127.15 1417.64 154.00 109.80 - - PSU Bk BeEs [1] 76.95 73.54 5219.57 77.89 39.12 73.68
SundarFinHol 178.20 170.00 180.00 183.00 169.10 140.14 198.00 74.00 - - WS Ind 176.65 160.60 180.00 180.00 155.25 399.28 193.75 17.65 27 161.35
RattanIndPow 11.00 10.45 11.00 11.40 10.4583723.78 12.29 2.82 - 10.46 Sunflag 221.00 200.65 210.00 211.95 199.00 770.66 248.95 128.00 26 200.90 Qgold [2] 52.74 52.56 32.07 53.53 41.10 52.57
Raymond 1715.90 1692.15 1717.00 1722.90 1669.90 161.84 2240.00 1092.60 19 1693.20 Sunteck [1] 461.95 458.65 468.70 468.70 444.10 531.25 511.65 271.25 - 455.75 Qnifty 2331.39 2317.14 2.02 2548.00 1781.10 2314.00
RBL Bank 259.90 243.75 260.35 261.95 242.00 5655.05 300.50 131.60 14 243.95 Superhouse 239.95 229.70 242.60 242.60 226.65 19.18 286.05 194.20 18 230.05
X-Z. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . RELCAPAMC-NETFGILT5Y 54.73 54.73 160.49 56.15 49.15 -
RBZJewellers 174.30 166.20 174.95 174.95 165.60 245.75 255.35 96.00 - - Supr.Ind [2] 4054.20 3935.80 4059.45 4083.60 3910.00 75.40 4883.75 2430.50 49 3933.75 Xchang 138.05 129.80 138.95 142.10 127.10 1393.03 149.60 51.67 95 129.90 RELCAPAMC-NETFSDL26 118.69 118.54 220.40 122.10 107.20 -
RCF 161.65 148.65 157.95 159.95 146.80 7115.39 190.00 89.50 19 148.75 Suprajit [1] 403.70 390.00 408.40 413.60 382.35 428.36 446.75 322.60 27 390.55 Xpro India 1154.95 1107.75 1161.00 1169.75 1103.00 36.40 1273.95 529.30 64 1102.35 SBIAMC -QUIDSBI 1000.00 1000.01 49.24 1000.01 995.00 -
RECL 482.40 453.55 482.40 488.75 449.1023580.97 524.00 110.50 9 452.15 SupremeEngg 1.20 1.25 1.25 1.25 1.20 1751.45 1.30 0.50 - - YashoIndust 1692.90 1699.90 1675.00 1730.95 1668.50 16.01 1864.80 1556.00 - - SBIAMC - SBIETFQLTY 197.77 196.82 3.80 203.15 142.85 -
Redington [2] 190.30 182.65 192.45 195.95 180.10 1756.28 212.25 136.25 14 182.35 SupremePetro 624.20 600.50 623.70 628.90 596.00 78.07 663.95 351.00 - - YatharthHosp 440.25 424.65 457.80 459.40 419.00 1746.93 459.40 306.10 - - SBIAMC - SETF10GILT 225.76 225.25 34.87 230.39 206.50 -
Redtape 650.20 622.00 647.95 649.05 610.00 148.47 672.45 411.05 - - SupryaLifeSc 342.65 330.65 345.90 362.00 327.15 1179.31 366.30 170.15 - - YATRA ONLINE 174.85 169.60 175.90 178.25 167.45 350.11 194.00 124.55 - - SBIAMC-SBIETFCON 99.47 97.48 3.61 100.98 70.45 -
Refex Ref 612.80 582.20 584.00 599.00 582.20 109.56 923.95 221.30 11 582.20 SurajEstDevp 336.05 331.45 336.05 341.95 330.00 142.03 364.80 321.10 - - Yes Bk [2] 31.40 28.30 31.95 32.35 28.00 571969.20 32.81 14.10 - 28.28 SBIAMC-SBIETFIT 398.63 402.47 9.96 406.10 276.25 -
Rel.Ind.Inf 1382.45 1323.10 1384.00 1387.20 1313.00 378.74 1604.00 723.00 186 1324.45 SuratwalaBus 775.75 743.70 782.75 796.15 736.00 128.65 825.00 164.90 - - ZAGGLE PREPA 269.50 245.90 277.00 277.00 241.95 2091.81 283.00 155.30 - - SBIAMC-SBIETFPB 232.23 228.02 11.73 256.05 197.00 -
Rel.Infra 213.00 202.25 210.00 215.05 200.20 2864.50 248.30 114.60 - 202.60 Surya Rosh [5] 661.25 612.55 662.00 666.45 605.80 453.65 841.50 301.40 18 612.00 Zee Ent [1] 203.25 187.90 206.00 209.70 185.5530673.45 299.50 152.50 39 187.15 SBI-ETF Gold 54.58 54.26 940.08 56.70 48.21 -
Relaxo [1] 851.90 841.75 851.85 856.55 839.10 44.33 974.00 748.50 104 841.40 SuryodaySFB 173.05 168.05 175.15 178.70 167.05 872.53 194.55 90.50 - - Zee Med [1] 16.50 15.25 16.75 16.90 14.9015560.08 18.30 7.63 - 15.31
SBI-ETF NIFTY 50 227.71 226.39 342.67 232.85 174.41 -
Reliance 2921.50 2904.70 2921.50 2922.00 2884.70 3337.22 2949.90 1979.13 44 2902.95 Sutlej Te [1] 59.05 56.30 59.50 59.95 55.25 227.62 70.00 38.25 - 56.44 Zen Exp 184.80 183.95 184.00 203.25 166.35 71.11 202.50 76.20 49 185.70
SBI-ETF NIFTY BANK 461.55 454.21 52.37 493.30 388.50 -
Religare 232.55 232.10 233.10 233.95 227.00 1368.08 280.30 130.00 - 232.45 SuvenPharma 625.00 635.55 627.05 644.40 627.05 409.81 768.00 463.30 - - Zen Tech. [1] 827.20 817.15 849.10 865.00 810.00 279.38 912.55 208.05 61 817.75
ZensarTec [2] 564.70 539.50 567.95 574.50 535.00 1095.52 643.95 246.80 24 539.70 SBI-ETFNN50 604.99 595.55 13.25 610.90 385.13 -
RenaisncGlob 110.80 110.30 111.10 114.85 106.65 108.28 131.90 80.40 - - Suzlon [2] 47.35 45.00 47.95 48.20 45.0065398.40 50.72 6.96 - 45.02 Sharia BeEs 510.26 509.86 3.91 533.23 360.01 509.36
Repco Home 458.15 424.50 461.20 461.30 421.05 305.97 491.25 168.50 8 424.35 Swan Ener [1] 708.20 694.70 709.25 720.00 677.65 5327.01 721.35 193.00 - 696.25 ZFComVeCtrSy 14587.4015037.4514667.6515198.9514467.75 6.7017700.00 9812.05 - -
ZimLabs 110.20 105.15 108.50 110.60 105.00 192.12 152.70 68.05 - - TATAAML - NPBET 234.75 230.90 3.03 267.00 199.54 -
Repro 794.75 776.15 806.55 807.00 762.75 10.59 977.00 338.00 134 770.65 Swaraj Eng 2349.60 2338.60 2349.60 2360.25 2322.55 4.71 2597.95 1395.65 21 2332.05 TATAAML-NETF 232.24 228.98 5.15 250.00 171.80 -
Resp.Ind [1] 290.25 288.70 292.00 325.20 283.55 1026.85 364.80 104.95 - 288.40 Swle. Ener 946.80 919.20 990.00 994.45 896.00 360.48 990.00 262.90 38 915.35 Zod.Clo 133.00 127.65 133.00 135.95 126.25 39.03 150.60 80.00 - 127.65
Zomato 149.45 153.80 151.00 158.80 149.50 155848.10 158.80 49.00 - - TATAAML-TATAGOLD 6.24 6.21 1484.78 8.50 6.10 -
RestBrndAsia 113.75 108.15 113.90 114.50 107.50 2872.15 137.70 84.50 - - Symphony [2] 915.00 926.10 926.95 929.95 906.00 60.33 1218.95 825.25 43 924.70
RHIMagnesInd 702.85 699.55 714.35 714.95 695.50 247.11 824.00 576.00 - - ZotaHealthCr 489.15 481.65 493.80 493.80 467.00 44.39 532.90 270.00 - - TATAAML-TATSILV 7.05 7.07 532.52 9.17 6.94 -
SynergGreen 391.15 360.90 404.95 406.15 350.00 29.22 435.00 182.00 - -
Rico Auto [1] 92.85 87.30 93.40 93.80 85.10 1623.97 111.55 63.00 30 86.80 Syngene Int 748.30 739.85 755.95 755.95 736.40 1039.03 860.20 556.15 63 740.60 Zuari Ag 224.55 216.10 225.90 228.25 213.00 331.24 259.75 116.15 7 215.90 TATAAML-TNIDETF 78.18 78.17 66.63 80.91 50.60 -
RishabInstru 608.05 596.75 610.00 619.00 587.80 109.81 635.40 432.35 - - SyrmaSgsTech 512.50 500.30 512.50 518.60 492.00 314.63 705.20 250.60 - - ZuariIndus 267.85 261.50 269.55 283.85 258.00 195.99 302.95 104.00 - - UTI Gold [1] 53.20 53.05 118.63 53.99 45.83 53.05
RitcoLogistc 245.50 240.45 246.00 248.20 237.85 52.68 309.45 215.65 - - ZydusLifescn 805.05 856.65 809.75 863.35 803.05 6951.21 863.35 452.20 - - UTIAMC - NIF10GETF 26.80 27.15 0.39 27.19 23.20 -
Rites
RKECProjects
786.35
85.00
697.65
76.85
788.00
84.60
790.00
86.50
680.00 4912.77
74.00 242.94
821.30
95.90
311.60
48.50
36
-
698.60
-
T ............................................... ZydusWel 1593.95 1582.00 1600.00 1600.50 1570.05 32.24 1720.65 1390.05 183 1580.40 UTIAMC - NIF5GETF
UTIAMC - NIFITETF
66.10
376.51
66.00
381.00
0.00
1.50
66.14
432.00
58.00
364.04
-
-
Taj GVK [2] 325.45 306.95 325.45 328.70 304.05 510.35 343.70 172.00 30 306.65
RobustHotels 174.15 161.00 175.55 189.00 158.80 107.72 189.00 90.00 - - UTIAMC - NIFMID150 180.15 176.05 3.02 195.00 141.57 -
RolexRings 2123.55 2130.25 2101.00 2151.60 2101.00 65.30 2620.00 1806.30 - -
Take Sol [1]
Tanla Sol [1]
31.30
985.50
28.85
953.20
31.40
988.40
31.95
994.80
28.65 955.32
949.00 361.79
35.78
1317.70
12.70 - 28.84
506.10 146 949.90
Exchange Traded Funds UTIAMC - SILVERETF 70.69 70.80 29.28 89.37 66.60 -
RosariBiotec 742.05 731.75 745.80 751.85 726.00 55.30 903.85 536.35 - - Tarmat 94.75 86.15 93.55 95.00 85.20 248.42 111.00 54.60 52 85.78 UTIAMC - UTIBANKETF 46.46 45.68 100.12 49.70 39.03 -
Rossell [2] 433.35 411.15 433.10 437.80 406.10 28.07 549.85 222.00 116 410.80 TarsonsProd 493.55 484.05 494.05 495.95 477.15 75.47 680.00 444.15 - - Company Pre Cl NSE Cl Vol 52 WH 52 WL BSE Cl UTIAMC - UTINIFT 234.12 232.98 9.51 2168.80 202.55 -
RotoPumps 434.50 422.15 430.25 436.65 416.25 144.75 817.00 313.40 - - TastyBiteEat 13696.10 13181.50 13500.00 13599.00 13110.00 1.88 19867.10 7955.40 74 13193.65 UTIAMC - UTISENS 770.99 763.42 3.31 811.00 568.90 -
RouteMobile 1596.85 1595.60 1597.20 1612.35 1585.00 88.95 1759.90 1209.00 - - Tata Chem 957.05 946.05 961.00 973.40 944.05 1054.92 1140.95 922.20 30 945.80 Axis Gold [1] 53.11 53.04 41.89 53.89 46.93 53.09 UTIAMC - UTISXN50 73.75 71.96 27.70 78.00 40.36 -
Royal Orchd 402.70 377.65 415.00 415.95 375.90 240.57 442.40 219.00 40 377.75 Tata Com 1760.85 1724.90 1768.65 1782.45 1712.95 368.07 1956.85 1157.10 86 1724.35 AXISAMC - AXISBNKETF 463.28 456.18 3.07 495.98 389.79 - UTIAMC-UTINEXT50 61.09 59.60 34.87 61.70 38.44 -
RPG Life [8] 1623.75 1538.65 1606.10 1636.85 1514.00 17.55 1709.90 645.70 30 1546.10 Tata Elxsi 7629.35 7498.60 7720.95 7740.00 7475.00 97.04 9191.10 5883.05 59 7499.75 AXISAMC - AXISBPSETF 11.49 11.50 40.59 13.30 9.71 - ZERODHAAMC -QUIDCASE 100.53 100.55 1984.18 103.30 100.21 -
RPSGVentures 720.10 678.65 710.00 720.00 674.00 184.28 847.00 360.10 - - Tata Inv 5426.90 5228.05 5449.85 5449.85 5151.00 73.62 6100.00 1735.00 94 5226.05 AXISAMC - AXISHCETF 120.32 121.37 7.14 123.00 74.05 -
RSWM 219.00 204.30 213.00 213.15 198.00 468.03 242.75 144.00 - 204.35 Tata M DVR [2] 605.00 600.35 604.95 612.75 594.00 1442.96 636.50 202.05 - 598.60 AXISAMC - AXISILVER 72.19 72.24 5.80 79.48 62.81 - *: Closing price is the average of trade price(s) for the last half an hour;52-Week High/Low figures
Ruby Mills [5] 238.50 229.55 240.00 240.20 228.00 19.52 269.55 137.00 19 229.05 Tata Motors [2] 915.00 911.60 916.10 925.00 908.00 7286.78 949.60 400.40 51 911.25 AXISAMC - AXISTECETF 396.39 400.56 2.33 405.27 274.64 - pertain to BSE.
Ruch.Paper 141.70 133.45 143.00 144.50 128.90 231.27 163.90 91.10 6 133.45 Tata Steel [1] 141.30 137.40 142.00 142.95 136.6536477.54 147.35 101.65 10 137.40 AXISAMC - AXSENSEX 79.14 72.13 50.25 85.00 57.20 - Shares of face value other than ₹10 is indicated in brackets immediately following the name of the
RudrabhshEnt 195.25 188.35 194.00 197.90 185.70 26.97 235.70 131.70 - - TATA TECHNO 1130.30 1110.40 1134.00 1137.00 1106.00 618.74 1400.00 1071.05 - - AXISAMC-AXISCETF 98.25 97.46 4.35 102.35 70.96 - company.
Rupa [1] 285.55 272.40 287.00 293.85 270.00 374.40 308.20 197.00 34 271.85 TataConsuPro 1129.25 1122.20 1130.05 1134.40 1075.00 898.95 1190.95 686.60 - - AXISAMC-AXISNIFTY 233.60 232.75 2.80 248.10 179.30 -
Rush.Decor 348.20 335.65 352.20 352.20 333.05 151.50 406.70 202.47 19 335.20 Qty (No of shares traded) is denoted in thousands.
TataPowerC [1] 392.10 361.70 379.90 386.15 359.2044078.65 412.75 182.45 76 361.75 Bank BeEs [1] 465.25 458.09 1072.84 491.80 369.19 457.78
TatvaChinPha 1274.15 1244.15 1278.00 1289.75 1240.00 19.42 2010.00 1240.00 - - BARODABNPBBNPPGOLD 62.00 62.05 0.37 65.50 56.00 - The PE(price-earnings multiple) of each stock is based on the latest declared earnings.
S ............................................... TCI Express [2] 1321.70 1276.75 1328.00 1336.30 1250.20 49.14 1699.00 1265.00 35 1274.85 BFAM - BANKBETF 45.51 44.82 7.15 50.70 44.66 - The PE computation takes into account the per share earnings of each company for the latest 12
S H Kelkar 207.70 209.55 209.75 218.15 205.20 2888.19 217.00 81.90 31 209.35 TCNSClothing 426.00 407.80 426.85 428.60 402.10 200.08 542.00 341.15 - - BFAM - NIFTYBETF 217.67 216.97 0.99 257.14 215.04 - 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

360One [1] 655.30 649.60 Balmer La.In 647.10 613.80 Deep 97.92 92.95 Goodyear (I) 1358.45 1308.55 Irmenergy 578.00 524.20 Maha Corp [1] 1.90 1.81 Orirail [1] 256.00 268.80 m V w G m
A.Sarabhai 62.61 59.71 Baluforge 264.90 247.85 Deepak Spinn 279.30 254.00 Grauer& Weil[1] 181.35 171.00 Isec [5] 804.60 784.75 Mahktech 12.64 12.56 Pakka 354.40 327.75 m m V m
Aartech 146.45 144.75 Bansal Roof 96.98 90.73 Deepind [5] 254.70 234.60 Greencrest [1] 1.08 1.06 Isgec [1] 1126.10 1049.80 Majestic Aut 365.75 386.10 Pan India C 2.99 2.95 m V G
Aartipharm [5] 510.70 494.55 Basant Agro [1] 24.66 23.60 Delhivery [1] 441.05 419.65 Greenpanel [1] 383.45 379.65 Isw Ltd [1] 3.88 4.07 Mangalam In[1] 5.80 5.51 Panafi V
Aartisurf 698.65 684.95 Bclenterpr [1] 1.21 1.16 Devyani [1] 153.95 152.05 Grinfra [5] 1289.85 1223.50 Iwp [2] 33.81 35.45 Mankind [1] 2243.35 2208.30 w W m M
Aci [2] 639.20 647.40 Bclil [1] 74.37 70.59 Dharmaj 233.65 223.25 GrmOversea[2] 189.35 181.05 Jackson [1] 0.89 0.90 Mapmyindia [2] 1872.20 1838.80 w V W w A N
Advait 1117.35 1229.05 Bectorfood 1070.15 1007.45 Dhruv 75.26 79.73 Growington [1] 14.33 14.86 Jagan Lamps 147.12 139.77 Maxhealth 874.20 875.55 w m W A
Advikca [1] 3.75 3.63 Bestagro 628.30 612.55 Doms 1555.60 1511.00 Grwrhitech 1974.95 1844.20 Jct Ltd [2] 3.58 3.75 Maximus [1] 27.01 24.91 C m w W m m
Ael [5] 133.00 125.60 Bflafl 22.92 21.90 Dreamfolks [2] 514.50 490.65 Haldyn Glass [1] 171.55 162.55 Jetfreight [5] 14.17 15.57 Mazdock 2117.45 2180.00 m w w m G m m V
Aeroflex [2] 151.10 145.75 Bfsi 20.58 20.28 Dynamic 431.60 421.25 Hampton [1] 45.54 44.59 Jiofin 272.85 271.00 Medanta [2] 1268.40 1349.35 A m G W
Agol [1] 13.15 13.08 Bh.Immun&Bio 36.98 33.64 Easemytrip [1] 50.84 48.95 Happstmnds [2] 842.05 830.50 Jlhl 1134.95 1215.65 Mediassist [5] 522.00 494.50
Aiil [1] 845.10 818.55 Biogen [1] 1.22 1.20 Eki 395.70 391.10 Happyforge [2] 1007.00 993.15 Johnpharma [1] 0.93 0.91 Medplus [2] 627.50 619.70 m A
Alstone [1] 1.11 1.09 Blackrose [1] 142.30 145.20 Elin [5] 159.85 153.35 Hardwyn [1] 42.94 41.31 Jswinfra [2] 210.50 211.05 Meera 51.19 52.66
Alu Fluoride
Amiorg
449.40
1102.80
470.55
1047.30
Blal
Bls Infote [1]
295.95
4.47
266.40
4.25
Elpro Inter [1]
Emil
88.18
221.50
93.21
215.05
Hariompipe
Haz Mul Pro
582.40
416.85
528.75
396.05
Jtlind [2]
Jublingrea [1]
262.80
430.70
249.75
482.25
MenonPiston[1] 109.80
Mercuryev [1] 96.77
102.75
91.94
G NSE Trade for Trade
Amrawor Agr[1] 1.12 1.07 Blse 343.90 338.05 Emslimited 584.25 555.05 Hdfcsml250[91] 152.35 146.99 Jyoti Resins 1355.80 1355.35 Metrobrand [5] 1101.35 1097.60 m
Anandrathi [5] 3418.05 3260.80 Blueclouds [2] 58.90 63.36 Emudhra [5] 482.60 492.20 Hemiprop 230.70 200.90 Jyoticnc [2] 596.05 547.50 Midcapetf [5] 18.19 17.73 C m P C C C m P C C C m P C C
Andhra Petro 104.00 87.60 Bmw [1] 71.15 65.54 Epack 192.05 181.25 Heranba 381.40 356.35 Kacl [1] 14.78 14.00 Mishtann [1] 23.14 21.75 M H
Andrew Yule [2] 53.81 48.50 Boroltd [1] 353.65 343.65 Epigral 1019.10 990.45 High Energy [2] 578.45 560.05 Kalamandir [2] 249.05 236.50 Mitsu 195.85 192.30 m m Hm N N
Angelone 3392.65 3210.60 Bslnifty [1] 24.79 24.63 Equitasbnk 102.70 101.65 Hind.Foods [2] 541.85 545.25 Kalyankjil 357.55 363.65 Mkexim 85.38 82.80 M H m M
Anmol 59.08 57.02 Campus [5] 256.75 250.95 Esafsfb 65.49 63.11 Hitech [1] 147.90 141.40 Kamopaints [5] 231.60 233.60 Modisonltd [1] 143.35 132.45 m O &
Anuh Pharma[5] 171.75 201.60 Cams 2904.05 2836.00 Ethosltd 2545.55 2439.50 Hmaagro [1] 76.58 74.98 Kclinfra [2] 2.09 2.11 Mol [1] 82.24 79.15 C m w M
Anup 3083.45 2683.65 Cappipes [1] 18.97 18.64 Eurekaforbe 487.10 465.10 Homefirst [2] 987.35 946.90 Kcp Sugar In [1] 50.36 40.29 Monarch 650.35 638.35 H m
Anupam [1] 2.68 2.62 Captain Poly [2] 51.40 51.89 Evexia [1] 2.77 2.64 Honasa 432.75 438.80 Kenvi [1] 7.32 7.15 Moschip [2] 97.20 93.15 m m N W w
Anuras 923.35 832.75 Carysil [2] 1006.30 1038.70 Exxaro 112.70 111.45 Hpal [2] 117.70 112.30 Kfintech 678.75 657.40 Motisons 184.70 179.95 mm m M
O
Aptus [2] 356.60 350.20 Ceinsystech 448.90 435.60 Facor Alloys [1] 10.15 9.65 Ideaforge 737.30 710.45 Khaitan Che[1] 81.70 75.28 Mstc 986.00 886.65 Q w
Arcfin [1] 1.04 0.99 Cello [5] 845.05 823.55 Familycare 9.54 9.09 Iiflsec [2] 153.85 138.95 Kinetic Eng. 195.90 186.45 Msumi [1] 68.94 66.57 D m
Arihant Cap. [1] 74.72 70.38 Cenlub Indus 562.45 471.30 Fedfina 128.05 124.80 Ikio 295.85 289.10 Kirl.Ferrous [5] 616.85 587.25 Mtartech 1978.00 1931.80 w H
M m
Artemismed [1] 177.85 169.00 Cg-Vak Softw 448.40 432.05 Fermenta [5] 164.95 173.85 Ind.Toners 386.20 309.00 Kirloskar El 145.30 116.35 Mufin [1] 251.35 239.25
Ashirwa Cap [1] 6.29 6.11 Chamanl Se [2] 220.55 214.40 Filat Fash [5] 18.74 17.72 Indiamart 2694.10 2743.95 Kmc Shil [1] 95.26 96.04 Mufti [2] 249.10 244.60 U C m
Ashni [1] 7.78 8.16 Chemb Chm [5] 510.35 478.75 Finopb 312.90 289.30 Indian Info. [1] 2.76 2.72 Kpel [5] 1130.20 395.15 Muthootmf 241.25 233.80 U O
Asiil [1] 37.01 35.27 Chemplasts [5] 469.45 456.10 Fivestar [1] 773.00 743.10 Indiashltr [5] 643.80 615.50 Kpigreen 2122.70 2016.60 Mvgjl 318.55 318.55 U W
Askautoltd [2] 314.75 299.15 Choice Int. 563.75 556.95 Flair [5] 323.05 294.05 Indigopnts 1419.40 1452.20 Kpittech 1727.80 1709.85 Nazara [4] 857.60 867.20 m U m m
Asm Technolo 766.85 696.55 Clean [1] 1405.45 1395.25 Fluorochem [1] 3521.95 3421.60 Indo Amines [5] 178.70 157.05 Krsnaa [5] 708.80 691.30 Ncl Research [1] 0.71 0.73 m U W M
Asrl 31.38 29.91 Cmsinfo 365.10 366.95 Force Motr 4138.15 4260.55 Indoboraxc [1] 188.95 180.90 Ksolves 1217.00 1192.60 Netweb [2] 1371.55 1344.60 m U D M
Asso.Alcohol 463.75 461.80 Cockerill 3323.40 3121.85 Fusion 568.70 555.05 Innovacap 526.25 544.90 Lakshmi Elec 1456.00 1237.05 Nibe 1272.30 1208.70 U M
Atam 203.50 193.20 Comfort Inte [1] 9.10 8.79 G.V.Films [1] 1.15 1.10 Inoxindia [2] 1015.45 962.30 Lancer [5] 102.72 97.93 Niitmts [2] 475.85 477.15 w U M
Atl [2] 67.06 63.65 Conart Eng. 119.88 116.59 Galactico [1] 5.45 5.29 Int.Conveyor [1] 117.49 94.15 Lancor Holds[2] 40.60 39.39 Nirlon 439.50 436.35 U M m m
Avalon [2] 480.90 485.70 Concordbio [1] 1456.85 1433.10 Gandhar [2] 241.95 235.00 Integra Eng [1] 272.55 260.00 Landmark [5] 821.45 745.65 Nivaka [1] 5.56 6.11 D C m V m m M
Avantel Ltd [2] 113.35 109.45 Craftsman [5] 4161.75 4114.00 Ganesh Benz[1] 196.15 183.95 Intell Cap [1] 162.75 55.30 Latentview [1] 507.90 512.55 Niyogin 80.93 75.02 V N
Avl 3418.30 3417.75 Cressanda So[1] 22.82 22.32 Gateway 111.40 109.40 Inter Digi [1] 0.54 0.52 Leshaind [1] 4.73 4.46 Nlfl 65.83 69.01 M V H N w
Awhcl [5] 501.50 491.45 Csl [2] 11.52 11.15 Genpharma [1] 4.63 4.54 IonExchange [1] 506.95 484.00 Lici 1080.85 1022.30 Nslnisp 66.49 58.30 V N O
Awl [1] 345.50 338.55 Cslfinance 466.25 454.45 Gensol 1110.10 1152.90 Ipl [1] 398.35 383.00 Likhitha [5] 279.15 259.60 Nuvama 3450.85 3409.05 V N m
Axita [1] 24.13 23.51 Cyientdlm 775.85 760.35 Ghcltextil [2] 89.95 80.54 Ircon [2] 222.40 194.50 Lloyds Met E [1] 558.25 546.00 Nuvoco 348.70 342.10 V OM N
Azad [2] 970.30 957.60 Darshanorna [2] 5.80 6.38 Gland [1] 2006.55 1989.35 Irctc [2] 939.20 900.10 Lodha 1088.90 1029.80 Nykaa [1] 150.30 145.55 V M Om
Bajaj Steel [5] 1237.35 1189.95 Dcxindia [2] 342.30 325.85 Global Cap. [1] 1.03 1.01 Ireda 179.55 170.60 Lxchem [2] 258.80 255.40 Nyssacorp [1] 8.26 8.26 V G & O O
Bajajhcare [5] 338.20 312.00 Ddevplastik [1] 214.90 193.10 Gls [2] 873.35 859.45 Irfc 153.70 133.00 Madrasfert 101.15 96.30 Obcl 69.33 62.36 m m m V O H O N
Bajel [2] 221.65 223.30 Deccangold [1] 133.50 126.00 Gmrp&Ui [5] 52.60 49.37 Iris 155.00 156.15 Mafang [40] 80.68 81.42 Orientelec [1] 209.90 202.60 G V W

CM
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