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THURSDAY • FEBRUARY 24, 2022
MUMBAI
₹�10 • Pages 12 • Volume 29 • Number 54 Bengaluru Chennai Coimbatore Hubballi Hyderabad Kochi Kolkata Madurai Malappuram Mangaluru Mumbai Noida Thiruvananthapuram Tiruchirapalli Tirupati Vijayawada Visakhapatnam Regd. TN/ARD/14/09-11, RNI No. 55320/94
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Bengaluru Chennai Coimbatore Hubballi Hyderabad Kochi Kolkata Madurai Malappuram Mangaluru Mumbai Noida Thiruvananthapuram Tiruchirapalli Tirupati Vijayawada Visakhapatnam
THURSDAY • FEBRUARY 24, 2022
MUMBAI
₹�10 • Pages 12 • Volume 29 • Number 54
SAFETY NORMS
Maruti Suzuki says no need to meet
the requirements of independent
organisations like NCAP. p2
HOT POTATO
Potato prices are likely to gain as heavy rains
in November, December affect the spud’s
growth in West Bengal p8
TECHNOPHILE
Dyson V12 Detect Slim: A laser
lights each little particle so you can
vacuum it away into oblivion p7
PALAK S SHAH
Mumbai, February 23
Investigation agency CBI hasstarted interrogating seniorNSE employees who werenamed in the colocation(Colo) scam and worked under Ravi Narain and ChitraRamkrishna.
On February 21, N Murlidaran, the CEO of NSE InfotechService Ltd, the whollyownedsubsidiary of NSE, was interrogated by CBI for severalhours, sources told Business-
Line.
This week, the CBI also interrogated Sankarson Banerjee and will soon be question
ing Nand Kumar. Both werepart of NSE’s core technologyteam. Umesh Jain, who hadjoined the NSE in September2012 as vicepresident and leftin a short time, was alsoquizzed by the CBI in Mumbai.
CBI will also question fourother senior NSE offi�cials, whoare working with the exchange even now, sourcessaid.
Investigations have revealed that Murlidaran andhis team allegedly passed ontrading data to Ajay Shah, aformer consultant to the Finance Ministry, who was alsoearlier named in the Coloscam. The entire technologyteam at the NSE between 2009and 2013 was reporting toMurlidaran, who, in turn, reported directly toRamkrishna, when she wasNSE’s Joint MD.
Deliberate flawsThe CBI is deciphering whoordered the creation of a‘fl�awed colocation trading architecture’, sources said. Previous investigations showthat the NSE’s Colo tradingsystems had deliberate fl�awsthat gave advantage to a few.
Murlidaran was Ramkrishna’s goto man in technologymatters. He suggested theColo designs and ideas, whileNand Kumar implementedthem, the sources say.
Software development anddesign was under Murlidaranand, eff�ectively, Narain andRamkrishna played a key rolein NSE’s technologyrelatedmatters. Ravi Apte, anothertechnology expert with theNSE between 2009 and 2012,has revealed in his interrogation to SEBI that he had “facilitated the transfer of data, related to equity orders andtrades, to Shah using Murlidaran’s team and on the request of MD and DMD.”
Investigators are followingthis trail, the sources said.
Tech-related rolesDespite each having theirformal roles, the technologyrelated functions of the NSEwere scattered, the sourcessaid. Some NSE staff� weremade incharge of certaintechnologyrelated functionsand they were also responsible for nontechnology de
partments/roles, so that theycould report directly toRamkrishna and not, at anypoint in time, to the thenchief technology offi�cer, Jain.
Investigations have revealed that Ramkrishna andMurlidaran were directly responsible for the selection ofthe TCP/IP (order communication) architecture, which, ofcourse, had fl�aws. Yet, whenNarain stepped down fromhis post as MD and CEO in2013, he insisted that theboard select Ramkrishna forthe top job.
As soon as Ramkrishna became the MD and CEO, shemade the controversial appointment of Anand Subramanian on the orders of theunknown Yogi.
Subramanian also heldcharge of development, pricing, strategic planning andNSE’s key subsidiaries — IISL,DOTEX, NSE Tech and NSE IT.
Colo scam: CBI questionsChitra’s key aide at NSE N Murlidaran, CEO of NSE Infotech quizzed;other senior officials to be examined soon
Tumbling skeletons
■ Murlidaran and his team allegedly passed on trading data to
Ajay Shah, a former consultant to the Finance Ministry.
■ Previous investigations show that NSE’s Colo trading systems
had deliberate flaws that benefited a few.
■ Chitra Ramkrishna and Murlidaran were directly responsible
for the selection of the TCP/IP architecture.
OUR BUREAU
Mumbai, February 23
India will emerge a global newenergy leader with many companies in the energy and techspace poised to grow as big asReliance, if not bigger, in thenext couple of decades, according to Reliance Industries Chairman and Managing DirectorMukesh Ambani.
In a fi�reside chat withRaghunath Anant Mashelkar,President, Pune InternationalCentre at the Asia Economic Dialogue, Ambani said, “I have immense faith in the ability of ouryoung entrepreneurs. I foreseeat least 2030 new Indian companies in the energy and techspace growing as big as Reliance, if not bigger, in the next 1020 years.”
Climate crisisAmbani shared his views on theclimate crisis and the need toshift to new energy.
“India will lead the transitionfrom fossil fuels to green andclean energy and become a major resource of solar and hydrogen energy in the coming decades. It’s an opportunity worthseizing as we march from the75th anniversary of India’s Independence to its centenary in2047,” he said.
Detailing the key reasons con
tributing to India’s growth inthe space, Ambani said, “Wenow have proactive and forwardlooking policy supportand action from the government. Our entrepreneurs nowhave assured fi�nancingoptions.”
On the new companies in theenergy and tech space scalingover the next couple of decades,Ambani said, “It took Relianceabout 15 years to become a $1billion company. And 38 years totouch a $200billion company. Ihave no doubt that the next generation of Indian entrepreneurswill achieve this in half the time.What this also means is that India’s community of entrepreneurs will become broader andwealth creation will also become more inclusive.”
He added that he expects India’s technology and digital exports to exceed half a trilliondollars by 2030. “Similarly, India’s clean and green energy exports in the next 20 years alsohave the potential of half a trillion dollars of export. If the last20 years, we were known for India’s emergence as an IT superpower; next 20 years, I believe,along with technology, willmark our emergence as a super
power in energy and life sciences,” he said.
Energy demandAmbani discussed the potentialof overall economic development and the role of green energy over the next couple of decades. According to him, as the21st century will be Asia’s Century, India is likely to overtake Japan as Asia’s secondlargest economy, and the world’sthirdlargest economy, by 2030.
“Asia is leading the march towards a more inclusive globaleconomy,” he said. “India’s percapita income today is around$2,000 compared to Europe’s$38,000. I believe that with ourprogress, we will reach $10,000per capita in the next 1520 years.
“This will increase our energydemand and enable us to meetour incremental energy at affordable rates because of theprogress that we are making intechnology, because of theabundance of renewable resources that nature has blessedour country with,” he said.
Key challengesAmbani highlighted that increasing energy output to drivedoubledigit GDP growth anddoing it at an aff�ordable basiswith the use of technology arechallenges that India will needto address to make a shift togreen energy.
India must also increase theshare of green and clean energyin this enhanced output as wellas achieve the goal of ‘selfreliance or Aatmanirbhar Bharat’ inpursuing these challenges, Ambani said.
‘20-30 companies to grow asbig as Reliance in 10-20 yrs’
Mukesh Ambani, Chairman,
Reliance Industries
India will lead
transition from
fossil fuels to green
and clean energy,
says RIL Chairman
On February 22, a source hadconfi�rmed to BusinessLine thatthe services of Madhuri Jain,BharatPe’s head of controls andwife of Grover, were terminatedbecause of fi�nancial irregularities.
As per the employee contract, terminating the servicesof an employee also results inhim/her losing equity in thecompany.
Jain was recently named inthe preliminary report by international consulting fi�rm Alvarez and Marsal (A&M) as being directly connected with thefi�nancial discrepancies at BharatPe. However, the companyhad earlier denied receivingany interim or fi�nal release ofthe independent review doneby A&M.
Days after Jain’s services were
OUR BUREAUS
Bengaluru/Mumbai, February 23
Amid the ongoing tusslebetween the BharatPe boardand the company’s cofounderand MD Ashneer Grover, theboard has decided to terminatethe services of Grover and initiate legal proceedings againsthim, according to sources.
Further, sources who spoketo BusinessLine on the condition of anonymity, said thecompany will not be off�eringany settlement to Grover. Itmay be recalled that Grover issaid to have asked for at least₹�4,000 crore for his 9.5 per centstake in the company. BharatPeis likely to take legal actionagainst the ‘image of the organisation being deliberately tarnished by Grover’ and ‘any fi�nancial malfeasance.’
terminated, she said in a Twitter thread that she was treatedlike an “object” in the wholeepisode and called it a “witchhunt.”
Meeting without an agendaAshneer Grover, according tosources, had written to theboard of Resilient Innovation(BharatPe parent) alleging thatBhavik Koladiya (cofounder)tried to meet him without anagenda. Grover has also accused the board chairman andformer SBI chief Rajnish Kumar
of being biased. Initially, an upset Kumar is said to haveoff�ered his resignation, whichwas rejected by the board. Responding to Grover’s letter, Rajnish Kumar speaking to Busi-
ness Line said: “The whole ideaof my joining the Board was tomentor the company. If Ashneer has doubt about my impartiality, I have no interest instaying on the Board even for aday.”
However, with the Board reposing its full faith in him, Kumar, who retired as Chairmanof State Bank of India in October 2020, would continue asChairman.
“The board is committed toputting in place a sound governance structure as soon aspossible and ensuring that thecompany emerges stronger,”said Kumar. Neither BharatPenor Ashneer Grover respondedto a questionnaire from Busi-
nessLine seeking comments.
BharatPe to terminate Ashneer Grover’sservices, initiate legal proceedings Board Chairman Rajnish Kumar refutes
Grover’s allegations of holding a biased probe
Ashneer Grover, co-founder
and MD, BharatPe
MEENAKSHI VERMA AMBWANI
New Delhi, February 23
If the crypto party gotchecked by new tax proposals in the recent Budget, herecomes yet another bashbreaker. Come April 1, all adsof virtual digital assets(VDAs) will need to carryprominent disclaimerswarning consumers thatthese products are unregulated and highly risky.
Amid growing concernsabout misleading ads, theAdvertising Standards Council of India (ASCI) has released guidelines for ads andpromotion of VDAs that include cryptos and NFTproducts.
The guidelines state thatwords such as currencies, securities, custodian and de
positories should not beused in such ads. Ads alsocannot compare VDAs toother asset classes that areregulated and downplay therisk associated with thecategory.
Celebrity endorsersWith many industry playersroping in celebrities for theirhighdecibel campaigns, theguidelines also put the onuson brand ambassadors to doduediligence for claimsmade in these ads.
“Ads that provide information on the cost or profi�tability of VDA products shall contain clear, accurate, suffi�cientand updated information,”the selfregulatory industrybody said. In addition, adscannot contain statementsthat guarantee future increase in profi�ts or showminors directly talking ordealing in the products.
Most importantly, theguidelines stressed that industry players cannot show
that trading or investing insuch products can be a solution for consumers’ moneyproblems or personalityproblems.
Each ad will need to clearlygive the name of the player(advertiser) and detailsabout the ways to contactthem.
Subhash Kamath, Chairman of ASCI, said, “Advertising of virtual digital assetsand services needs specifi�cguidance, considering thatthis is a new and emergingway of investing.”
ASCI has specifi�ed themanner in which the disclaimers need to be carriedfor ads across platforms including print, TV, audio, social media and even in disappearing stories or posts.
For instance, in TV ads, thedisclaimer must be placed intext format at the end of thead, against a plain background and accompanied bya voiceover (in the same language as the ad), which is notspoken in a hurried manner.
The disclaimer must be visible on the screen for a minimum of fi�ve seconds and forlong format videos of overtwo minutes, it should be repeated at the beginning andthe end of the video.
Ashish Singhal, Founderand CEO, CoinSwitch, saidthat the norms are a step inthe right direction to standardise ads in the VDA space.
ASCI also clarifi�ed thatthese guidelines do notamount to any legal recognition of this industry.
Ad watchdog ASCI frames norms for crypto ads
Ads cannot contain
statements that guarantee
future increase in profits or
show minors
Words like
currencies cannot
be used for
digital assets
OUR BUREAU
Chennai, February 23
Crompton Greaves Consumer Electricals Ltd (Crompton) will acquire the Chennaibased Butterfl�yGandhimathi Appliances Ltd(Butterfl�y) for a total consideration of ₹�2,076.63 crore.
Majority stake Crompton has signed defi�nitive agreements with certainmembers of the promotergroup of Butterfl�y Gandhimathi Appliances Ltd to acquire up to 55 per cent stakeat ₹�1,403 per equity share, aggregating ₹�1,379.68 crore,and certain Butterfl�y trademarks in allied and cognateclasses from promoter groupentities (trademarks) for₹�30.38 crore, says an announcement by Crompton tothe BSE.
Crompton will launch themandatory open off�er to theButterfl�y shareholders for 26per cent stake in Butterfl�y at₹�1,433.90 for a total consideration of up to ₹�2,076.63 crore,the announcement said.
Shares of Gandhimathi Appliances, which zoomed tohit a year high of ₹�1,419,closed fl�at at ₹�1,395.90 on theBSE. However, the stock ofCrompton Greaves closed 7.9per cent higher at ₹�408.40.
Kotak Investment Bankingwill act as fi�nancial advisorand manager to the open offer and Khaitan & Co as legaladvisor for Crompton, the announcement said.
Butterfly’s journey P2
Crompton Greavesbuys Butterfl�yGandhimathiAppliances for ₹�2,076 crore
NISM’s Dean may step downMumbai, February 23
VR Narasimhan, the Deanof SEBImanaged NationalInstitute of Securities Markets (NISM), may step downsoon from his position.Narasimhan is the formerchief regulatory offi�cial ofNSE and his appointment atNISM became controversialsince SEBI found him guiltyof lapses in duty and alsofi�ned him ₹�6 lakh in the recent order. V Shanmugam’sname now appears at thetop on NISM’s website inthe place of Narasimhan.Shanmugam is the exheadof research at MCX.
Regd. TN/ARD/14/09-11, RNI No. 55320/94
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MUMBAI
2 BusinessLine THURSDAY • FEBRUARY 24 • 2022NEWS
TE RAJA SIMHAN
Chennai, February 23
For the Butterfl�y brand, it hasbeen a fi�vedecade long journey from just stainless steelcup maker to a ₹�870crore kitchen appliance company and ahousehold name in southernIndia. Whether it is a stainlesssteel (SS) gas stove, wet grinderor table top wet grinder, Butterfl�y has been the fi�rst choice ofmany.
V Latha, a housewife in Chennai, swears by the Butterfl�ytable top wet grinder. Her sister Usha in Kancheepuram hasbeen using a Butterfl�y mixergrinder for over a decade now.It is this strong brand loyaltyand credibility that attractedCrompton Greaves ConsumerElectricals to acquire Chennaibased Butterfl�y GandhimathiAppliances Ltd for a total con
sideration of ₹�2,076.63 crore.“Butterfl�y was able to estab
lish credibility. It is this credibility that is being bought byCrompton,” said Harish Bijoor,a brand strategy expert andfounder, Harish BijoorConsults. It is very diffi�cult to buildbrands in the durable space inIndia. But, Butterfl�y has done abrilliant job overall in the lastfi�ve decades, and remains avery hardworking brand atthe grassroot level, he added.
Crompton’s Managing Director Shantanu Khosla says theacquisition provides concretesupport to the company’s longterm vision of becoming aleading panIndia kitchen appliances player.
VM Lakshminarayanan,Chairman, Butterfl�y Gandhimathi, said, “as a 50yearoldfamily and homegrown busi
ness, we are proud of thegrowth story. Butterfl�y is astrong brand in South India,and this step will provide anopportunity for the Butterfl�ybrand to achieve panIndiareach.”
A humble tumblerButterfl�y’s journey started inthe 1950s when its FounderChairman, the late V Murugesa
Chettiar, hailing from a smalltown in Coimbatore, and froma family involved in the brassware business, had his fi�rstproduct – a humble`tumbler’(a cup used for drinking water/coff�ee etc) made out of stainless steel. In the early ’70s, thecups were even smuggled intoneighbouring countries, acompany offi�cial had told Busi-nessLine in an interview in Au
gust 2011. The brand Butterfl�ywas born in 1986 with thelaunch of the SS pressurecooker. This was followed by SSLPG stoves at a time whenstoves were made fromwrought iron carrying with itthe hazards of toxic fumes forthe consumers. The IndianStandards Organization raisedthe benchmark thermal effi�ciency of LPG stoves from 50per cent to 68 per cent afterButterfl�y successfully demonstrated its quality standards,the company’s 20202021 annual report says.
15 products todayButterfl�y’s next major innovation was fl�asks in 1989 thatcould retain the heat for nearly72 hours unlike conventionalfl�asks that could retain heat forjust 8 hours. The innovationcontinues, and today Butterfl�yhas over 15 product categoriesand over 700 SKUs.
In 2003, Gandhimathi Appli
ances was referred to BIFR andcame out in 2008 following thesettlement of loans to the tuneof ₹�40 crore raised from promoters' personal funds.
In March 2012, the companyoff�ered preferential issue to Reliance PE and raised ₹�100 crore.
Ranked no 1Butterfl�y grew at 21 per centCAGR between FY1721; rankednumber one in the stainless SSLPG Stoves and tabletop wetgrinders. It is among the topthree in domestic kitchen appliances and present in all theIndian states with an exclusivedistributor.
Post the acquisition, thecombined revenue would bearound ₹�5,670 crore with appliances contributing around24 per cent of the revenue,from 10 per cent at present.
Butterfl�y may have changedhands but the brand will remain strong in the South, saybrand experts.
Postacquisition, the 50yearold family
business will now spread wings pan India
Starting with its first product – a humble`tumbler’ – Butterfly has
come a long way BIJOY GHOSH
Butterfl�y’s fl�ight from cup maker to ₹�870cr appliance player
OUR BUREAU
Chennai, February 23
Leading two and threewheeler maker TVS MotorCompany has announcedthat its twowheeler exportscrossed one million (including sales from PT TVS, Indonesia) milestone in this fi�scal. This is the fi�rst time thecompany has achieved this export milestone in a fi�nancialyear.
The key exports include theTVS Apache series, TVS HLXseries, TVS Raider, and TVS Neoseries. An increase in globalmotorcycle sales has signifi�cantly contributed to thisachievement, said a companystatement.
Mobility solutions“The one million export markis a signifi�cant milestone forTVS Motor Company. This further underscores our path towards being a global player inpersonal mobility solutions.
We are excited to continuebuilding on this momentumas we expand into newer geographies with attractiveproducts and new fi�rst in thesegment, technology off�erings,” said Sudarshan Venu,Joint Managing Director, TVSMotor Company.
TVS Motor Company haspresence across 80 countriesin Africa, SouthEast Asia, Indian subcontinent and Central & Latin America and isseeking to enter more markets in Europe and NorthAmerica.
Sudarshan Venu, Joint MD,
TVS Motor Company
TVS Motor’s twowheelerexports cross 1 million
OUR BUREAU
Bengaluru, February 23
IvyCap Ventures has announced the fi�rst close of itsFund 3 at ₹�1,608 crore ($214mn). IvyCap currently manages assets worth ₹�3,200crore ($425 mn). The fund istargeting to do its fi�nal closeat ₹�2,000 crore. However,looking at the demand andthe fund strategy, it may increase the size to ₹�2,500crore.
Twothirds of the Fund 3 hasbeen raised from existing investors. There are quite a fewnew Institutional Investorsincluding banks, insurancecompanies and the government departments who haveparticipated in the Fund. Inaddition, IvyCap for the fi�rsttime has also raised its capitalfrom many family offi�ces.
IvyCap Venturesraises ₹�1,608 cr;announces fi�rstclose of Fund 3 OUR BUREAU
Bengaluru, February 23
Bosch, a leading provider oftechnology and services inautomobile sector, has acquired 26 per cent stake inAutozilla Solutions to participate in a digital B2Bmarketplace for the independent aftermarket (IAM) in India.
The transaction willstrengthen Bosch’s marketpull through its Bosch Car Service outlets and through theindependent garages that areenrolled under the ‘Extra’ Loyalty Program.
The collaboration will improve the platform’s acceptability in the market, expandits product portfolio and scaleup operations pan India, thecompany said in a release.
The companies did not disclose the price at which thestake has been picked up byBosch.
Bosch to acquire26% stake inAutozilla Solutions
economies of scale, and helpIndia become a manufacturing hub for electric vehiclebatteries.
Supplying worldwide Speaking to BusinessLine,Horace Luke, Founder, Chairman and CEO, Gogoro, said,“Gogoro started with a Gogoro scooter with a Gogoronetwork in Taiwan. The platform matured when otherpartners came in A similarsituation will happen in India eventually. The same batteries go into Yamaha, Su
SWARAJ BAGGONKAR
Mumbai, February 23
Taiwan’s Gogoro will not restrict itself to supplying batteries only to Hero MotoCorp,and is keen on bringing morevehicle makers on board toexpand its batteryasaservice platform.
Twowheeler maker HeroMotoCorp has a partnershipwith Gogoro to set up batteryswapping stations across India as well as launch electricscooters powered by the latter’s batteries.
A top Gogoro offi�cial saidthe company is working onthree specifi�c areas for the Indian market, including setting up a battery manufacturing plant along withiPhonemaker Foxconn, oneof Taiwan’s biggest companies, which will help it achieve
zuki, Gogoro. We have 10vehicle makers, having 47models across Korea, Japan,China, Taiwan, Indonesia,Germany, France. The network is designed to be anopen network.”
Gogoro will open its fi�rstbattery swapping station inNew Delhi later this year.
The station will make available fullycharged batteriesfor users in exchange for discharged batteries for a fee.
By the end of the year, HeroMotoCorp’s fi�rst e twowheeler using Gogoro’s battery technology will mark itsdebut. This vehicle will be independent of Hero MotoCorp’s own electric scooterwhich it has promised tolaunch before March end.
While Gogoro has its ownrange of electric twowheelers which are on sale inTaiwan, Luke added thatthere are no plans to launchthem in India.
In talks with Foxconn
for production
Hero’s partner Gogoro gearing upto power other vehicle makers too
Horace Luke, Founder,
Chairman and CEO, Gogoro
AYUSHI KAR
Mumbai, February 23
Zee Entertainment Enterprises has fi�led an interlocutory application beforethe Mumbai Bench of National Company Law Tribunalto dismiss the suit fi�led by IndusInd bank against the company. On February 5, IndusIndhad approached the NCLT toinitiate insolvency proceedings against Zee after thebroadcaster defaulted on aloan.The bank, a fi�nancial creditor
to Zee Entertainment,claimed the company defaulted on a loan of ₹�83 crore.
Zee Entertainment is aparty to the Debt Service Reserve Account GuaranteeAgreement (DSRA) enteredinto with IndusInd for a termloan facility advanced to SitiNetworks Ltd.
Under the agreement, IndusInd Bank extended a ₹�400crore debt facility to Siti Networks, a unit of Zee Entertainment, against a guaranteeprovided by the promotergroup.
IndusInd issued a notice toZee Entertainment for accelerated payment of the entireamount in October 2020.
Bank claims the
company defaulted
on ₹�83crore loan
Zee asks NCLT to dismiss IndusInd’s insolvency suit
passive telecom infrastructure.
It deploys, owns and manages telecom towers andcommunication structuresfor various mobile operators.
Largest infra providerThe company's portfolio ofover 1,84,748 telecom towersmakes it one of the largesttower infrastructure providers in the country withpresence in all 22 telecomcircles.
Indus Towers caters to allwireless telecommunicationservice providers in India.
PRESS TRUST OF INDIA
New Delhi, February 23
British telecom giant Vodafone is in discussions to sellaround fi�ve per cent stake inIndus Towers to Bharti Airtel,according to industrysources.
When contacted, Vodafonerefused to comment on thematter. Vodafone currentlyholds about 28 per cent in Indus Towers.
Valued at ₹�3,300 crThe industry sources saidVodafone is in talks to sell itsabout fi�ve per cent stake in Indus Towers, valued at over₹�3,300 crore, to Bharti Airtel.
The proceeds will bepumped into the Indian entity Vodafone Idea, theyadded.
Passive telecom infraIndus Towers Ltd, formerlyBharti Infratel Ltd, provides
Proposed stake sale
valued at over
₹�3,300 crore
Voda in talks to sell 5% in Indus Towers to Airtel
S RONENDRA SINGH
New Delhi, February 23
The country’s largest passenger vehicles maker Maruti Suzuki India (MSIL) on Wednesday said the company meetsall the safety norms under theIndian regulations and doesnot have to meet the requirements of independent organisations like Global New Car Assessment Programme (NCAP).
On par with Europe“Global NCAP is an organisation and not a regulator. Indian regulations andEuropean regulations are exactly the same in frontal off�setnorm, side impact norm andpedestrian impact norm. Indiais at par with Europe in crash
test norms and we alreadymeet the norms,” Kenichi Ayukawa, Managing Directorand Chief Executive Offi�cer,MSIL, said on the sidelines ofthe new Baleno launch.
Ayukawa said it is up to the
customer who decides what tobuy.
“The parts/ features havegrown in the cars today andthe new Baleno has six air bags(in the top two trims), hightensile steel, hillhold assist,
ABS, EBD and we have given thefl�exibility of choice to the customer. So we have the best ofboth worlds – safety and features – all after getting feedback from customers,” Ayukawa said.
On competitionOn competitors like Tata Motors and Mahindra &Mahindra getting four/ fi�vestar ratings in crash tests atGlobal NCAP, Ayukawa said themarket is open and the customer decides at the end whatto buy.
“It is the customer’s decisionto buy the product or not.If thecustomer feels that the cost ishigher than their expectations, they wouldn’t buy. Decision makers make decisions,but economically what is feasible is decided by customers,”he added.
In the past, Maruti’s best
selling cars like Alto (zero), SPresso (zero), WagonR (2start)and Swift (2start) have gotpoor ratings at Global NCAP inadult (front row) safety rating.
Only Vitara Brezza (4star)and Ertiga (3star) have betterratings. However, the recentlaunches by Tata Motors likePunch and Altroz have fi�vestarratings, and M&M’s XUV300,XUV700 too have fi�vestar ratings. But, one of its best sellingSUV, Scorpio has a zero ratingfrom Global NCAP.
The auto major, along withits vendor partners, has invested around ₹�1,150 crore in developing the new Baleno. MSILsaid it has received bookingsof 25,000 Baleno so far since itopened for bookings on February 10 and can also be ownedthrough Maruti Suzuki Subscribe at an allinclusivemonthly subscription feestarting from ₹�13,999.
Global NCAP is an
organisation, not
a regulator: CEO
Maruti Suzuki’s Managing Director & CEO Kenichi Ayukawa at the
launch of the new Baleno in New Delhi on Wednesday PTI
‘Maruti meeting all safety norms in India’
PRESS TRUST OF INDIA
New Delhi, February 23
Bharti Airtel CEO Gopal Vittalon Wednesday made a strongpitch for giving out Ebandbackhaul spectrum with 5Gradiowaves while cautioningthat not doing so could putthe 5G game in “seriousjeopardy”.
Airtel’s top boss, Vittal, alsofl�agged issues on Right ofWay, Services Level Agreement(SLAs) around Bharat Net, aswell as challenges related tostatelevel approvals and subsidy payouts in rural connectivity projects under USOprogramme, and soughtspeedy redressal of suchimpediments.
Telecom connectivity programmes are “right” of everycitizen and broadband is atthe centre of economic momentum of the country, Vittal
said pledging Airtel's fullcommitment to making investments, that are needed, tofulfi�ll the vision of DigitalIndia.
‘Serious struggles’Vittal termed backhaul as being “absolutely essential” forbroadband infrastructure,and highlighted some "serious struggles" faced by the industry when it comes to bothfi�bre and wireless backhauls.
“E band spectrum is a bandof spectrum that can enablelarge amounts of backhaulfrom the mobile tower, tocarry broadband traffi�c. Un
fortunately, this is spectrumthat has been sitting with thegovernment and has not beenallocated to the players," Vittal said.
Terming this "a waste ofvery precious resource", hecalled for fi�nding ways ofbundling it with 5G spectrumso that it is available for use inorder to build out 5G connectivity. "I would go so far asto say that if Eband spectrumdoesn't come in, along withthe access spectrum on 5G,the 5G game will really be inserious jeopardy," hecautioned.
Vittal was speaking at postBudget webinar session titled'Road and Infoway connectivity to all rural habitations'.
Speaking in favour ofstrengthening of mobile infrastructure in rural areas, Vittal mooted an "idea" for lowering the cost of connectivity.
Vittal observed that USOfund has been leveraged forproviding connectivity tomany unconnected villages,and added also Airtel too hasbid for the tenders.
Cautions that not
doing so could put
the 5G game in
‘serious jeopardy’
Gopal Vittal,
Bharti Airtel CEO
Airtel CEO bats for giving outEbank backhaul spectrum
OUR BUREAU
Mumbai, February 23
The Supreme Court on Wednesday said it will hearAmazon and Future group’smatter only after NCLAT haspassed an order on the US retail giant’s plea challenging aDecember order by Competition Commission of Indiawhich has put its 2019 dealwith Future Coupons inabeyance.
On Wednesday, the Benchheaded by Chief Justice NVRamana asked NCLAT to makea decision on Amazon’s plea.The SC was hearing the pleaseeking overturning of HC’sstay on arbitration proceedings in the Singapore tribunal.
SC asks NCLATto pass order onAmazon’s plea
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MUMBAI
BusinessLineTHURSDAY • FEBRUARY 24 • 2022 3NEWS
BusinessLineDisclaimer: Readers are requested to verify& make appropriate enquiries to satisfythemselves about the veracity of anadvertisement before responding to anypublished in this newspaper. THGPUBLISHING PVT LTD., the Publisher &Owner of this newspaper, does not vouchfor the authenticity of any advertisementor advertiser or for any of the advertiser’sproducts and/or services. In no event canthe Owner, Publisher, Printer, Editor,Director/s, Employees of thisnewspaper/company be heldresponsible/liable in any mannerwhatsoever for any claims and/or damagesfor advertisements in this newspaper.
KR SRIVATS
New Delhi, February 23
Bankers are now in aquandary after the NCLAT recently ruled that the Committee of Creditors’ (CoC) decision to approve theresolution plan of DHFL was“illegal”; the plan containingan “illegal” stipulation on recovery of avoidance transactions was not sustainable.
CoC’s core committee,which looked into the recentNCLAT directive, is nowcaught in a dilemma as itslegal advisors are urging it toappeal to the Supreme Court.At the same time, the debenture trustee (representingNCD holders and part of CoC)is opposed to any such move,sources privy to the developments said. The ball is now inCoC’s court as it has to take thediffi�cult decision of either adhering to NCLAT’s directive orfi�ling an appeal before Supreme Court, they added.
‘Avoidance transactions’Under the Insolvency andBankruptcy Code (IBC),“avoidance transactions” arerecognised as undervalued,fraudulent or extortionate bythe previous promoters.
It may be recalled that CoChad, as part of the resolutionplan, agreed to Piramal Group(winning resolution applicant) getting all future recoveries of bad loans (amounting toabout ₹�38,000 crore) fallingunder avoidance transactionsand accepted ₹�1 from
Piramals as the value assignedfor such a benefi�t.
Several critics had frownedat the CoC move to acceptPiramal Group’s ₹�1 as thevalue assigned for avoidancetransactions and even allegedit was a “sweetheart deal”between the bankers andPiramal Group.
They contended that thebanks should have been careful before accepting PiramalGroup’s ₹�1 as the value assigned for avoidance transactions amounting to ₹�38,000crore (without interest component). Some critics even alleged that the bankers’ act ofomission is deliberate and notan oversight.
CoC’s move to accept and assign a value of ₹�1 on avoidancetransactions had raised eyebrows, and 63 moons (one ofthe creditors with ₹�200 croreinvested in DHFL NCDs) hadchallenged this CoC decision.
In its appeal, 63 moonsasked whether the Piramalgroup could appropriate allrecoveries from avoidance applications fi�led under Section66 of the IBC just because theCoC had agreed to assign acompletely arbitrary and unrealistic value of ₹�1.
It cited a Delhi High Courtjudgment in Venus RecruitersPrivate Ltd to back its claims,saying the bankruptcy laws ofcountries like the US also advocate creditors benefi�t, directly or indirectly; 63 moons
had argued before the adjudicating authorities that thePiramal Group could not appropriate all recovery fromthe vast amount of DHFL loanslisted in ‘avoidance applications’ under Section 66 of theIBC.
It was submitted that IBCprovisions on avoidancetransactions provided that recoveries on this count shouldbenefi�t creditors alone and,that too, in the order of priority coming under the “waterfall mechanism” stipulated inthe IBC.
The resolution planLast month, the NCLAT had —in the matter of the 63 moonschallenge — set aside the termin the resolution plan thatpermitted Piramal Group(successful resolution applicant) to appropriate recoveriesfrom avoidance transactions.
The Appellate Tribunal hadsent the authorised resolutionplan back to the CoC to reconsider this aspect of the valuation of avoidable transactions that pertain to therecoverable belongings.
The NCLAT has describedthis term in the resolutionplan (accepting ₹�1) as “illegal”as it has ruled that all recoveries on avoidance transactionsshould benefi�t only the creditors and not the successful resolution applicant.
While some still point outthat the Indian bankruptcylaw does not allow the commercial wisdom of banks tobe questioned, the real issuein the 63 moons appeal is notabout commercial wisdombut about overlooking therights that creditors have under Section 66, company lawexperts said.
Committee of
Creditors can either
adhere to ruling or
appeal to the SC
Bankers in a bind after NCLATruling on DHFL resolution
PRESS TRUST OF INDIA
Mumbai, February 23
India Ratings has revised downwards its GDP growth forecastfor 202122 to 8.6 per cent fromthe consensus 9.2 per cent projected earlier.
The National Statistical Organisation (NSO), which hasforecast 9.2 per cent real GDPgrowth for the year, will releasethe second advance estimate ofnational income on Monday.
According to an India Ratings analysis, NSO is likely topeg the FY22 real gross domestic product growth at₹�147.2lakh crore. This translates into a GDP growth rate of8.6 per cent, down from 9.2 percent forecast in the fi�rst advance estimate released on
January 7, 2022. The majorreason for the likely downwardrevision is the upward revisionof FY21 GDP to ₹�135.6 lakh crorein the fi�rst revised estimate ofnational income for FY21,which was released on January31, 2022, the agency said.
As a result, GDP for FY21 is improved to () 6.6 per cent fromthe provisional estimate of()7.3 per cent released on May31, 2021. Besides this, the secondrevised estimate of national income for FY20 stood at 3.7 percent compared to 4 per centprojected earlier while thethird estimate retained FY19growth at 6.5 per cent.
The growth rates of GDPdrivers from the demand side,namely private fi�nal consump
tion expenditure, government’s fi�nal consumption expenditure, gross fi�xed capitalformation, have undergone achange due to these revisions,and quarterly GDP growthnumbers are also expected toundergo a change this year.
Ind-Ra pegs FY22 GDP growth at 8.6%
SHISHIR SINHA
New Delhi, February 23
Buyers could well be facing atough summer as the RussiaUkraine crisis has pushed theprices of not just crude butalso of metals and mineralson an upward spiral. Whileconsumer durables companies say the impact of rise in input prices is going to be highand might lead to price rise,economists feel that a possible hike in fuel prices willhave an impact on infl�ationrate in the immediate term.
The rate of retail infl�ationbased on Consumer Price Index (CPI) is now above the targeted level of 6 per cent, whileproducers’ infl�ation based onWholesale Price Index (WPI) isa bit down but still in doubledigits for the last two months.While fuel has a limitedweightage in both these indices, it has a much wider indirect impact.
InflationAccording to Swati Arora, Economist with HDFC Bank, Russia supplies 10 per cent of theworld’s fuel. Nearterm pressure on oil prices remains asgeopolitical tensions keepthings on the boil. Increase infuel prices due to an increasein crude oil prices remains akey risk for infl�ation. Rise in
fuel prices is likely to haveboth direct impact and indirect impact (via increase intransportation costs) on infl�ation. “A 10 per cent increase incrude oil prices could increase (retail) infl�ation (directimpact) by up to 4050 bps,”Arora said.
However, she is hopefulthat crude oil prices are expected to moderate by thesecond half of the year as supply catches up through theyear and due to a reduction inglobal liquidity, providingsome support to the infl�ationreadings.
Prices of consumer durablesMetals such as aluminiumand steel are key inputs forconsumer durables, including automobile and electronic items like fridge, washing machine andairconditioners. Once theprices of inputs go up, companies have no option but toraise the selling price.
Kenichi Ayukawa, Managing Director and Chief Executive Offi�cer, Maruti SuzukiIndia, and President, Societyof Indian Automobile Manufacturers, says “The whole industry is facing the impact ofhigh commodities prices andwe have been working on howto absorb that impact. Unfortunately, the impact is veryhigh and we may pass on thatto the customer, but not inthe immediate future.”
Salil Kappoor, BusinessHead, Home Appliances, Orient Electric, said this couldpresent a fresh set of challenges for the industry whichhas already been battling infl�ationary pressures since lastone year.
“Companies were hopingfor some stabilisation in commodity infl�ationary pressuresin the summer season. Butfurther uptick in crude pricesmight have a cascading impact on costs of commoditiessuch as plastic. Metalrelated
commodity prices are alreadyon a high,” he added.
Third wave impactHe further explained that dueto the uncertainties linked toCovid third wave in January,fullscale production of cooling products for many fi�rmsbegan only from February unlike in the past when it startsfrom December quarter.Hence, for many companies,any further rise in commoditycosts could lead them to takefresh price hikes on coolingproducts which might impactdemand in summer season.
“We have been working onconsumer benefi�ts so thatconsumers can see value butbrands that did not do thatmight face an uphill task incase of a price hike as consumers will lean towardsstronger brands and bettervalue proposition,” he said.
(With inputs fromMeenakshi Verma Ambwaniand S Ronendra Singh)
RUSSIA-UKRAINE CRISIS
White goods may see red-hot summerDearer inputs and
possible rise in fuel
prices to push up
cost of consumer
durables, automobiles
Metals such as aluminium and steel are key inputs for consumer durables including automobile and
electronic items like fridge, washing machine and air-conditioners MANOJ KUMAR
OUR BUREAU
Mumbai, February 23
The Reserve Bank of India reserves the right to choose itstiming to normalise the monetary policy, Deputy Governor Michael Patra said evenas he emphasised that theperception that the centralbank is behind the curve isunfair.
“I think the perception(that India has fallen behindthe curve by retaining an accommodative monetarypolicy when other economiesare either tightening monetary policy or announcingnormalisation) is unfair because every judgment mustbe based on facts.
“So, if you look at the facts,remember, India had thedeepest recession in theworld….So, we have dug outof the deepest recession in
the world,” Patra said at theAsia Economic Dialogue2022.
Referring to the FY2022GDP growth estimate of 9.2per cent, the Deputy Governor noted that most peopledon’t focus on the fact that atthis rate of growth, India isonly one per cent above prepandemic levels of GDP.
“We were actually slowingeven before the pandemic ina cyclical downturn, which
started in 2017. “If you extendthat slowing line into a trendand place the actual GDPagainst it, we have lost atleast 1015 per cent of our output forever. We will nevergain it back. So, that is whereIndia stands in terms of thegrowth rate,” per Patra’sassessment.
The Deputy Governor underscored that infl�ation is acase of statistical eff�ects inIndia.
“If you look at the (infl�ation) momentum, it is actually declining. So, India is in acomfortable position as far asinfl�ation is concerned.
“And since that is there, wehave the headroom to support growth and we will do sobecause we are dealing withlost output, lost livelihood…So, I think, it is an unfair judgment (that RBI is be
hind the curve). But RBIreserves the right to chooseits timing to normalise,”Patra said.
Digital currencyPatra said India will proceedin a calibrated manner visavis Central Bank Digital Currency (CBDC), which will beissued during 202223.
“…..In India, we have CBDCin some form at the wholesale level…It is the retailCBDC which is the issue.
“And I think, we will proceed very gradually. We willcross the river by feeling thepebbles,” he said.
He observed that there areissues relating to privacy,monetary policy transmission, and energy intensitythat need to be taken into account before introducingCBDC.
Michael Patra
‘RBI reserves right to time policy normalisation’
(CBS) adopted by banks,” theReserve Bank of India said onWednesday. A ‘fi�xed point service delivery unit’ is a place ofoperation from where the business activity of nonbankingfi�nancial intermediation is carried out by the NBFC and whichis manned either by its ownstaff� or outsourced agents.
NBFC – Middle and Upper Layers with 10 or more ‘fi�xed pointservice delivery units would beexpected to implement this onor before September 30, 2025.
OUR BUREAU
Mumbai, February 23
Specifi�ed nonbanking fi�nancecompanies will have to implement core fi�nancial servicessolution by September 30, 2025.
“…it has been decided thatNBFCs – Middle Layer andNBFCs – Upper Layer with 10 andmore ‘fi�xed point service delivery units’ as on October 1, 2022,shall be mandatorily requiredto implement ‘core fi�nancialservices solution (CFSS)’, akin tothe Core Banking Solution
“However, NBFCUpper Layuer shall ensure that the CFSS isimplemented at least in 70 percent of ‘fi�xed point service delivery units’ on or before Septem
ber 30, 2024,” the RBI said. Implementation of CFSS wouldnot be mandatory for NBFC –Base Layer and NBFC – Middleand Upper Layers with less than10 ‘fi�xed point service deliveryunits’.
NBFCs would be expected tosubmit a quarterly progress report on implementation of theCFSS, along with various milestones as approved by theboard or committee of theboard to the RBI from quarterending March 31, 2023.
RBI: Specified NBFCs must implement corefinancial services solution by Sept 30, 2025
WXNBFCs–Middle Layer and
NBFCs–Upper Layer with
10 and more ‘fixed point
service delivery units’
shall be mandatorily
required to
implement CFSS
Published by N. Ravi at Kasturi Buildings, 859 & 860, Anna Salai, Chennai-600002 and Printed by N. Vaidyanathan at Dangat Media Pvt Ltd, No. 22, Dighe MIDC, Vishnu Nagar, TTC Industrial Area, Dighe, Navi Mumbai-400701 on behalf of THG PUBLISHING PVT LTD., Chennai-600002. Editor: Raghuvir Srinivasan (Editor responsible for selection of news under the PRB Act). ISSN 0971 - 7528
................BM-BMECMYK
THINK
The standoff� between Russia and the Westover the former’s imminent invasion ofUkraine is set to deal a serious impact onthe global economy mainly through trade,
fi�nance and macroeconomic channels. The questionhere is how intense and prolonged this disruption islikely to be. So far, the markets have been nervous, buthaven’t gone overboard. The MSCI world stock indexis down almost 6 per cent and sovereign bond yieldsof emerging markets have hardened 3090 basispoints since the beginning of February. Commoditymarkets appear skittish, with Bloomberg base metals,agri commodities as well as energy index gainingaround 3 per cent this week. These are already at elevated levels due to the unlocking of economies. Energymarket analysts have noted if Russia’s supplies ofthree million barrels a day to Europe are disrupted, itcould raise oil prices, already close to three digits, by$1015 a barrel. If the nuclear deal with Iran is fi�nalisedit could release a million barrels a day, while WestAsian suppliers could increase output. But prices arelikely to remain elevated, anyway. Of course, givenEurope’s dependence on Russia for gas and oil sup
plies (that tap has been shut withsanctions and the Nord Stream 2pipeline deal scrapped for now)and its diffi�culties in making alternative arrangements over ashort period, chances are that thecrisis may not be prolonged.
On the fi�nancial side, the standoff� could lead to aninfl�ow into safe haven assets, besides commodities,weakening currencies of emerging economies if it intensifi�es. So far, markets have been subdued. The dollar index has been moving in a tight range. While currencies of commoditybased economies such asBrazil, South Africa, Mexico and Chile have gained, therouble has lost just 2.5 per cent so far in Februaryagainst the dollar. The Reserve Bank of India should,in the event that the crisis worsens, be prepared to defend the rupee at prevailing levels; given that Indiadepends for almost 90 per cent of its energy needs onoil imports, the threat of imported infl�ation is real ifthe rupee depreciates along with rising oil prices.
However, the macroeconomic impact is less certain. For instance, Moody’s has not ruled out an impact on Chinese property developers “given theirlarge upcoming off�shore debt maturities” in theevent of widespread riskaversion and unforeseenspike in interest rates. The Chinese real estate sectorhas been in a debt crisis even before Ukraine — Evergrande is one example — and if Moodys’ warningturns out right, it may have a cascading eff�ect on theglobal economy. The impact of high interest rates andinfl�ation on global growth also remains an area ofconcern. This situation throws into jeopardy the 88.5per cent real growth projection of Economic Survey202122 for the next fi�scal (as also the budget estimates) based on oil ruling at $7075 a barrel and withdrawal of global liquidity being “broadly orderly”.The Monetary Policy Committee’s infl�ation projection of 4.5 per cent for 202223 looks more optimisticthan before; it has been observed that a 10 per centrise in global crude prices can lead to a 4050 basispoints rise in retail infl�ation. This could derail consumption and investment. The Centre’s tax revenuescould be dented if it is forced to take an excise duty hiton fuel in the larger economic interest. The overallpicture is worrying but the only consolation is thatRussia is not a major bilateral trade partner.
Bear grip The Ukraine crisis is set to deal a serious blow to the
global economy, just emerging from the Covid ICU
0x y z
thursday, february 24, 2022
DEVARSH VAKIL
When the euro wasfi�rst introduced in1995, US economistsJeff�rey Frankel and
Menzie Chin predicted that the newcurrency of the European bloccould overtake the US dollar as thedominant international currencyby 2022. Following the fi�nancialcrisis of 2008, they reduced theirtimeline to 2018 and suggested thatthe euro could take over from thedollar as early as 2015. Yet here weare in 2022 and the dollar isnowhere close to being dethronedas the world’s reserve currency.
So, the dream of the euro takingover as the global reserve currencyhas been a longheld dream, supported by various economists overthe years. So much so that theerstwhile chairman of the US Federal Reserve, Alan Greenspan, hadcommented in 2007 that “it is absolutely conceivable that the euro willreplace the dollar as the reserve currency, or will be traded as an equallyimportant reserve currency.”
Reign of the dollarThe dollar began its rise as theworld’s leading currency right afterWorld War I. But it was offi�cially recognised as the dominant currencyby the Bretton Woods agreement of1944. The gold standard was abandoned and central banks across theworld pegged their currencies tothe greenback. Since then, the dollar has been the mostwidely used currency forinternational transactions and trade. As of May2021, over 61 per cent of allforeign bank reserves arein dollars, along with almost 40 per cent of theglobal debt.
In addition, as of 2021, the dollaris used in close to 80 per cent of allcrossborder fi�nancial transactions.Most goods and commodities, including agricultural goods, copper,oil, etc., are traded in dollars. According to the International Monet
ary Fund’s report for Q1 2021, thedollar’s share of currency reserveshad risen to 59.5 per cent, from 58.9per cent in Q4 2020. On the otherhand, reserves held in euros had declined 4.4 per cent, on a quarteronquarter basis. The euro accountedfor 20.6 per cent of the currency reserves of central banks across theworld in Q1 2021, down from 21.3 percent in Q4 2020.
The only cloud hovering over thegreenback is the pandemicledweakness that it has been facingsince 2020. This downward pressure came against the backdrop ofthe then US President, DonaldTrump’s isolationist policies andthe USChina trade tensions, whichwere already weighing on thedollar.
But this weakness hasn’t been acause of worry for the world’s reserve currency losing its dominance. Countries that have peggedtheir currencies to the dollar havebeen growing steadily, especiallythe Middle East, off�setting anythreat posed by either the pandemic or the decline in oil prices.Also, despite its weakness, the dollar has actually appreciated 17 percent against the euro from 2010 to2020.
Once all the current uncertainties have been resolved, the dollarwill once again regain its strength.
What about the euro?In his last State of the Union speechin 2018 as the president of the
European Commission,JeanClaude Junker hadpromised to “strengthenthe international role ofthe euro.” But the dominance of the US dollar,both in terms of international trade and currencyreserves, comes from cer
tain features of the US fi�nancial system that most governments in theEU are unwilling to emulate. Ofcourse, the euro does have its shareof strengths, being the closest rivalto the greenback, among all theworld’s currencies.
The European currency is nowused in about 33 per cent of allcrossborder transactions, secondonly to the dollar. The EU bloc constitutes almost 50 per cent of allglobal trade, with its economy tiedwith China as the secondlargest inthe world, at about $13 trillion. Theeuro is also the second most com
monly held foreign reserve by central banks, with the Eurozone accounting for the thirdlargestsovereign debt market.
Unfortunately, the euro hasn’tquite recovered from its “neardeath experience”, when bothGreece and Italy came frighteninglyclose to existing the currency dur
ing 20112013, rather than accept theausterity measures associated withthe bailout packages for their economies. This underlined an inherent limitation with the currency —the lack of a common fi�scal policyamong the member states.
There also are huge diff�erencesbetween the nations in terms of thestate of their economy. Unless thereis a solution to all this disparity, thedollar will remain the most credible currency for the worldmarkets.
Another reason for the lower appeal of the euro is the perceptionthat the weaker economic performance of the EU nations is due to alack of innovation but a lot of redtape. The bloc is known to only takecrucial steps when it is on the brinkof disaster.
The Covid19 pandemic mighthave given a lethal blow to theeuro’s aspirations of replacing thedollar. It exposed the weaknesses ofthe Eurozone, while reaffi�rmingthe role of the US as the global rescuer for monetary problems. InMarch 2020, when the coronaviruswas declared as a global pandemicby the WHO, investors rushed outof illiquid assets and moved to thedollar. While the stock marketscrashed worldwide, safehaven assets like the dollar and goldgathered momentum.
On the other hand, the eurosteadily lost favour in the forex andcurrency derivatives markets andlagged the dollar in internationalborrowing. Data released by SWIFTrevealed that the European currency accounted for only 31 per centof all global payments in 2020, a signifi�cant decline from the over 40per cent in 2012.
For the euro to be a viable alternative to the dollar, major steps needto be taken by the euro region toraise the credibility of the Europeancurrency. For now, the dollar willcontinue to remain primus interpares of the currency world.
The writer is Deputy Head of Retail
Research, HDFC Securities
The dollar’s share in trade and currency reserves has grown. Its closest rival, the euro, is still far from being a viable alternative
Dollar’s reign as reserve currency will stay
JAVIER BLAS
In the 24 hours after VladimirPutin signed a decree recognising two breakaway Ukrainian territories, the European
Union, the UK, and the US bought acombined 3.5 million barrels ofRussian oil and refi�ned products,worth more than $350 million atcurrent prices. On top of that, theWest probably bought another$250 million worth of Russian natural gas, plus tens of millions dollars of aluminium, coal, nickel, titanium, gold and othercommodities. In total, the bill likelytopped $700 million.
And that’s the way it’s going to be— at least for now. The US and itsEuropean allies will continue buying Russian natural resources andMoscow will continue shippingthem, despite the biggest politicalcrisis between the former Cold Warwarriors since the collapse of theSoviet Union in 1991.
Both sides are aware of the contradictions. The West knows thatcommodities are a cash cow forPutin, fuelling his imperial ambi
tions thanks, in great part, to ultrahigh oil and gas prices, but the allies are also aware of the economicselfharm of cutting imports tozero. For its part, the Kremlin maybe tempted to weaponise its natural resources — which could trigger blackouts in Europe. But it alsoknows commodity exports are itsown economic lifeline.
It’s the commodities market version of the Cold War doctrine ofmutual assurance destruction, orMAD.
With other adversaries — say Iranor Venezuela — the White House hasbeen quicker to use oil as a geopolitical tool. As a result, both Tehranand Caracas cannot sell oil legally inworld markets, not just into the US.However, Russia remains free toship its oil into America; and the UKcontinues to buy Russian diesel,too.
At this point, neither Moscow northe US and its allies have an economic, political or military interestin weaponising oil, gas and othernatural resources. However, I mustemphasise “for now.” The initialround of Western sanctions — and
the reaction from the Kremlin —was a refl�ection of that currentposture.
The European Union and the UKtargeted fi�ve mediumsized Russianbanks, accusing them of helpingthe Kremlin’s campaign. But theyleft untouched the three stateowned giant lenders that are key forthe commodities trade: VTB BankPJSC, Sberbank of Russia PJSC andGazprombank JSC. Putin did thesame, telling an industry conference — the day after recognising thebreakaway republics — that Russiawas planning “uninterrupted supplies” of natural gas to world mar
kets. The fears of the Kremlin cutting the gas supply remain simplythat: fears. Any military trouble remains confi�ned to the two breakaway territories, which are far awayfrom the mighty Russian oil andgas pipelines that crisscrossUkraine from East to West:Druzbha, Soyuz, Progress andBrotherhood. The company that operates the gas pipeline network ofUkraine tweeted: “Keep Calm &Transit Gas.”
NordStream 2The biggest casualty has been NordStream 2, the Kremlinbacked gaspipeline connecting Russia directlywith Germany under the Baltic Sea.Berlin halted the administrative approval process for the pipeline, ineff�ect putting the project on ice.Tellingly, however, it did not imposesanctions on the pipeline itself. Inany event, NS2 — which hasn’t started operations — was unlikely to beapproved before the summer.
Berlin did not take any action onNS2’s sister pipeline, NordStream 1,which follows exactly the sameroute, and has been pumping gas
for several years. Why not? NS2 isempty; NS1 is full. While NS2 is acause célèbre for many politicians,its importance lies in diplomacyrather than the energy market. ForBerlin, halting the project sends asignal to the Kremlin without affecting current German natural gassupply. For its part, Moscow doesn’tneed NS2 if its sister is at full capacity. Indeed, Gazprom, the Russianstateowned gas giant, hasn’t sent asingle molecule of gas through itsother pipeline — the YamalEurope,which traverses Belarus and Poland— since late December.
We may soon see Gazprom boosting its gas supplies to Germany andthe rest of Europe. Current spot gasprices are higher than the averageof Februarytodate, a situation thatmay prompt European utilities tomaximise their Gazprom supplycontracts from March 1.
If that’s the case, Europe may seean ironic situation: simultaneouslyhigher political tension and higherfl�ows of Russian gas. It’s anothersign that both sides have an interestin keeping commodities out of thebattle — for now. BLOOMBERG
West unlikely to curtail oil imports from RussiaDespite the political upheaval caused by the Ukraine crisis, oil, gas and commodities aren’t being weaponised — for now
Self-interest Oil kept out of the battle
Quantum of pension
It is laudable that the Parliamentary Standing Committee has proposed additional quantum of pension to Central pensioners at 5 percent, 10 per cent and 15 per cent onattaining the age of 65, 70 and 75,respectively.
At present, additional pension isapplicable only to pensioners whoare 80 years and above.
Many pensioners are facing economic, health and social problems. Due to emergence of nuclearfamilies, they are compelled to liveindependently. For them, pensionis the only means of sustenanceafter retirement.
But the present pensions, especially in the lower rungs, are meagre and not commensurate withthe elevated cost of living. In thesecircumstances, the Centre shouldimplement the said recommendation at the earliest. PV PrasadVijayawada
UP elections
The ongoing ‘seven phased’ elections to the UP State Assembly aregetting murkier and off� the tracktoo with each passing day. Whatelse could explain the highly unbecoming ‘tone and tenor’ of theelectoral rallies led by top rankingleaders of various contestingparties. Apart from playing the religious card, none of them is refraining from leveling wild ‘accusations’ against their rivals. Kumar GuptPanchkula, Haryana
Trade policy shift
This refers to ‘Looking outward,again’ (February 23). The Covid erais a throwback to the 2008 globaldownturn that overhauled monetary and fi�scal policies. Individualnations had gladly tapped into theadvantages provided by globalisation but were reluctant to sharecommon problems . They did notfactor in the time needed for eco
nomic recovery after a crisis anddragged each other down as theireconomies contracted.
India’s current inclination towards pragmatic trade policies istimely as the spectrum of tradecomponents are changing withshifting epicentres of growth. Newtechnologies are altering thevolume and direction of tradefl�ows. In times of crises, largertrade imbalances impact globalgrowth. Yet, every trade fora putdeterrence over dialogue. The narrative needs to be rewritten. R NarayananNavi Mumbai
Protect Neem trees
In ‘Neem, the great healer, battlingfor life’ (February 23), it is a knownfact that Neem, because of its multiple health benefi�ts, is used inmany medicines. The disease thatis spreading in Telangana andother parts of the country is dangerous. Relying on Neem trees’
own strength to come out of thisdisease is not the right approach.Some amount of chemical pesticides should be used to save thetrees and prevent the disease fromspreading to other areas. Bal GovindNoida
Fallout of Ukraine crisis
This refers to ‘Ukraine crisis shellsmarkets’ (February 23). Just whenthe global economy seemed to bestepping out of the iron grip of thepandemic and supply chain bottlenecks, a Russian invasion ofUkraine has sent a new set ofshivers. Even a limited war willsend oil prices spiralling from thecurrent high of around $97 a barrel. For India, which importsaround 80 per cent of its oil needs,this spells disaster.
A war in Ukraine will bear downon two important areas — higherfood and energy prices. On boththese segments, it is the poor that
spend a disproportionately highpercentage of their income. Indiaand other nations must do all theycan to ensure that the war cloudsover Europe recede quickly. N Sadhasiva ReddyBengaluru
Wages and productivity
This is with reference to ‘Productivitylinked wages will be awinwin in plantation sector’ (February 23). Plantation, tourism,healthcare, education and off�shore fi�shing are sectors whichhave huge potential for Kerala’sdevelopment. The State has notbeen able to vigorously pursueand convincingly market the initiatives taken by it.
The average minimum wages inKerala have remained high. Theproposal to link wages to productivity should be welcomed bythe workforce in Kerala. MG WarrierThiruvananthapuram
LET TERS TO THE EDITOR Send your letters by email to bleditor@thehindu.co.in or by post to ‘Letters to the Editor’, The Hindu Business Line, Kasturi Buildings, 859-860, Anna Salai, Chennai 600002.
A new Cold War arrives
“Who in the Lord’s name does Putin think gives him the rightto declare new socalled countries?” President Biden askedTuesday in announcing new sanctions against Russia. Theanswer is a complacent West, which has failed to imposeserious costs despite more than a decade of Russianaggression. At least the Administration overcame its initialreluctance to call Vladimir Putin’s deployment of troops inEastern Ukraine an “invasion.” NEW YORK, FEBRUARY 23
The shadow of war looms larger
After months of growing tensions, and massing troops atUkraine’s borders, there is no doubting the gravity of thismoment. The tremors are felt across Europe, which therepercussions of Russian aggression could shape for decadesto come – in its east, especially, where other former Sovietrepublics watch anxiously, but most of all, of course, inUkraine itself, where this is not about geopolitical struggle butthe threat of a massive human disaster. LONDON, FEBRUARY 22
Paying to uphold the social contract
While every Budget seeks to achieve social objectives, the way todo so has tended to be fairly conservative. This year, however,Finance Minister Lawrence Wong grappled resolutely with thedangers of the social contract fraying in the face of economic,demographic and ecological challenges that originate bothwithin and outside Singapore. SINGAPORE, FEBRUARY 23
OTHER VOICES
MUMBAI
4 BusinessLine THURSDAY • FEBRUARY 24 • 2022
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BusinessLineTHURSDAY • FEBRUARY 24 • 2022 5
ACROSS
01. Hazard, risk (6) 08. Alcoholic drink from
apples (5) 09. Thrust upon one
unduly (7) 11. Slimy, elusive (8) 12. Even, fl�at (5) 15. Take a short sleep (4) 16. Shrinking from notice (3) 17. Depravity (4) 19. Awry (5) 21. Great misfortune (8) 24. Temporary residence (7) 25. The Tempest spirit (5) 26. Start fi�re (6)
DOWN
02. Easy walk (5) 03. Horticulturist (8) 04. Poles, perches (4) 05. Room for action (5) 06. Move slowly sideways (4) 07. Salver (4) 10. Largest living land mammals (9) 12. Bathing beach (4) 13. Stirring implement, measure (8) 14. Run as river (4) 18. Used nose (5) 20. Enlist (5) 21. Reticent person; shellfi�sh (4) 22. Was set, as table (4) 23. Bowl to pitch under bat (4)
ACROSS
01. It's not safe to get it from thegarden (6)
08. Throw dice right at the end forscrumpy (5)
09. Old boy routed nothing out hecould thrust forward (7)
11. Piper going about in anunderhanded way like an eel (8)
12. Flat for woman in the fi�fties (5) 15. Have a short time off� if it's not
quite twelve (4) 16. Fairground attraction for the
timorous (3) 17. Very bad way to be,
backtofront (4) 19. Invite eleven world leaders
obliquely (5) 21. State, in short, friendship can
be a disaster (8) 24. Temporary stay for the
South on including a day inFrance (7)
25. Sheakespearean spirit is one shown in a production ofLear (5)
26. About 550 cattle start a fi�re (6)
DOWN
02. Am a university athlete, butnonu: stroll on! (5)
03. Green perhaps surrounds a shortroad with him tending beds (8)
04. Retinal bodies cover two broadareas fi�nally (4)
05. Room to manoeuvre south andmanage the rest (5)
06. Little advantage in greed:generosity uncovers it (4)
07. Crockery carrier will attempt tohold last of china (4)
10. They don't forget to help as net isthrown for them (9)
12. Where Venetian bathers havecover and nothing more (4)
13. Culinary measure for pot as oneturns it around (8)
14. Lupine creature turning up to runlike water (4)
18. Fish one was nasally aware of (5) 20. Sign on the left one is right to
alter (5) 21. A very reticent person will assert
one has left (4) 22. Produced, like eggs,
faceupwards (4)23. White rose bowl thus (4)
easy not so easy
ACROSS 1. Propitiates 8. Emporium 9. Near 10. Aster 13. Calf 16. Moon 17. Pier 18. Nets 20. Glean 24. Aver 25. Antidote 26. Greenhouses DOWN 2. Rope 3. Paris 4. Truce 5. Tunic 6. Sentimental 7. Preferences 11. Twang 12. Raise 14. Aria 15. Coat 19. Serge 21. Lunch 22. Adieu 23. Pose
bl two-way crossword 2071
SOLUTION: BL Two-way Crossword 2070
BISHWA BHASKAR CHOUDHARY/PURUSHOTTAM SHARMA
The Budget attracted considerable media hype and debate asit has come when the economyis still roiled by the Covid pan
demic. The Budget appears quite boldand imaginative in reigniting capitaland consumer spending, and exports.
It has some key initiatives to give momentum to the ‘Make in India’ agenda.On the agriculture front, the focus ontechnologyled agriculture will help thefarming sector leapfrog into a sustainable future. The decision to revise thesyllabus of agricultural universities, useof Kisan drones for crop assessment, digitisation of land records, and sprayingof pesticides is a step in the right direction to modernise the farm sector. Focuson legislative changes to promote agroforestry is also a welcome move aspolicies are needed to make our farmsector climate smart.
The livestock sector hasbeen rewarded with 40 percent rise in allocation inthis fi�scal for the resilienceit showed during the pandemic. Besides, an increaseof 20 per cent allocationfor the Rashtriya GokulMission and the NationalProgramme for Dairy Development reiterates government’s thrust on supporting livestock betterment.
However, the feed and fodder sector,which has a prime role in bolstering animal productivity, remained entirely absent from the budgetary conversation. Itis a stark reminder for all of us that supply of feed and fodder has always fallenshort of the aggregate demand in thecountry and this gap is expected to bewider in the near future. There werehigh hopes of a higher allocation for thefeed and fodder sector out of the allocation for the Ministry of Fisheries, AnimalHusbandry, Dairying.
On the technical front, research studies have broadly indicated that ensuringquality and suffi�cient quantity of feedand fodder have greater impact thanbreed improvement on increasing livestock productivity. The average yield ofmilk and meat in our animals is 2060per cent lower than the global average.The timely unavailability of nutritionally rich feed and fodder is a major hitch
that impinges on the productivitygrowth of farm animals in the country.Moreover, feed and fodder accounts foraround 6070 per cent share in cost ofmilk production.
Therefore, the sector deserved specialattention in budgetary allocation.
Looking aheadThe government can give support to thefodder sector through multiprongedstrategies right from its production tomarketing. At the outset, all State governments must be directed to dedicatesuffi�cient amount for fodder resourcedevelopment. The technical guidancefrom the Jhansibased ICARIGFRI can besought in this direction, as the institutehas developed fodder plan for variousStates and agroclimatic regions.
Investment is also required to ensureparallel development of supportingmarket environment for surplus fodderencompassing backward and forward
market linkages. Provision of dedicated market space with legal credentials will facilitatetransparency and remunerative prices for fodder traders.
As there exists regional and seasonal disparity in fodder production, channelising fundsfor establishing com
munity fodder banks where surplus fodder can be stored as hay/silage/ fodderblocks for use during scarcity is crucialfor safeguarding the interest of smalldairy farmers.
As the government is set to promotestartups and rural enterprises, Nabardmust be directed to promote rural enterprises working in the fodder space.Fodder based research organisationslike IGFRI need to be supported for incubating entrepreneurs.
Publicprivate partnerships (PPP) inthe agriculture value chain have beenimportant items in the Budget. In thelight of this, animal feed industry needsto be promoted to take up production ofquality compound feed to cater to thenutritional requirement of animals ofdiff�erent productive potential.
Choudhary is a scientist at ICAR-IGFRI,
Jhansi, where Sharma is a Principal
Scientist. Views expressed are personal
Fodder for thought Budget has ignored this crucial sector in the agri chain
MANAS R. DAS
Unclaimed deposits are commonly defi�ned as those deposits which are lying in accounts not operated for a
period of 10 or more years. Section 26 ofthe Banking Regulation Act, 1949 requires banks to submit to RBI information about these accounts within 30days after each calendar year ends. Unclaimed deposits can be claimed bytheir legal owners after satisfying certain conditions prescribed by RBI.
However, several common citizens,including the fi�nancially sophisticatedones, are observed to be ignorant of theprovisions and processes involved. Thishas led to proliferation of inoperativeaccounts and unclaimed deposits in thebanking system.
As per Section 26A of the amendedBanking Regulation Act, 1949, money lying in dormant bank accounts is transferred to the Depositor Education andAwareness Fund (DEAF) within a periodof three months from the expiry of theabovesaid 10 years.
The depositor is, however, entitled toclaim from the bank her/his deposit orany other unclaimed amount or operatethe account after the expiry of 10 years,even after such amount has been transferred to DEAF. The bank is liable to paythe amount to the depositor/claimantand claim refund of such amount fromDEAF.
Chart 1 presents the growth path ofthe number of unclaimed accounts andamount outstanding at Decemberendduring the decade 2011 to 2020. Duringthis period, both continuously increased, barring a nominal dip in 2014in respect of the latter.
The growth of amount outstanding(CAGR=29.1 per cent) was steeper thanthat of accounts (CAGR=24.9 per cent),implying that increasing number of relatively large deposit accounts was becoming unclaimed, which is puzzlingand a matter of concern.
Massive jumpThe average amount outstanding per account increased by 35.2 per cent from₹�2,215 in 2011 to ₹�2,995 in 2020 after apeak of ₹�3,521 in 2013. The savings bankportfolio had the highest incidence ofunclaimed deposits — threefourth of
the total unclaimed accounts and twothird of the total amount.
Public Sector Banks (PSBs), obviously,had the highest share both in terms ofnumber of accounts (84 per cent) andamount outstanding (83 per cent).
We tried to compute the extent towhich unclaimed deposits are claimedback by the depositors or their legalclaimants. This exercise was carried outfor the fi�nancial year 202021 by collecting the relevant data from the balancesheets of 12 PSBs, 12 old private banksand nine new private banks.
Among the PSBs, only 1.26 per cent ofthe unclaimed deposits outstanding atMarchend 2021 was claimed back with arange of 0.35 per cent to 2.25 per cent.For old private banks, it was 1.22 per centwith a range of 0.44 per cent to 1.74 percent, and for new private banks, it was0.79 per cent with a range of 0.32 percent to 3.05 per cent. Thus, a very smallproportion of unclaimed deposits is actually claimed back.
The most important reason for a deposit account becoming unclaimed isthe death of the depositor without anomination or without being a joint account with ‘either or survivor’ option.This arises mostly due to ignorance ofthe account holder while opening theaccount, or even if she comes to know afterwards, does not carry out the neces
sary modifi�cations. In the case of suchaccounts, banks are required to followthe legal procedures before handingover the money to the legal heirs.
Therefore, the onus lies with the deceased depositor’s legal heirs who haveto initiate the process with the bank.However, as widely known, legal procedures are cumbersome and consumeconsiderable time.
Financial illiteracy and lack of awareness about the procedures among thepeople lead to these kinds of situations.Therefore, fi�nancial literacy drive iswelcome.
Possible solutionsWhile opening accounts, banks need tosee that customers fi�ll in the nomination part in account opening forms appropriately and completely. Customers,in their own interest, must cooperatewith banks. It is heartening to note thatpositive shifts are taking place in this respect, especially after the banks’ intensifi�ed use of mobiles and Internet.
Unclaimed deposits may constitute aminuscule proportion of total depositsof a bank, but since banks, especiallyPSBs serve the ‘small’ depositors, theyneed to take initiatives for reducing theincidence of unclaimed accounts. Someof the initiatives that could be taken upare:
(i) Organising areawise specialcamps for revival or disposal of unclaimed accounts.
(ii) Monitoring the position of unclaimed deposits in customer grievanceredressal meetings at various levels.
(iii) Business Correspondents canhelp establish contact with the holdersof inoperative accounts or their legalheirs and reactivate the accounts.
There is always room to progressivelysimplify the legal procedures for settlement of the unclaimed accounts, especially for those with low amounts.
The RBI has been doing a good job inpersuading banks to reduce the incidence of unclaimed deposits. However, afew more things, as mentioned below,may be added:
(i) Asking banks to report the unclaimed deposits data populationgroupwise (i.e., rural/semiurban/urban/metro) so that the issue can betackled more eff�ectively.
(ii) Commenting upon the position ofunclaimed deposits while carrying outonsite inspections of banks.
It is only through meaningful cooperation between banks and customersthat the incidence of unclaimed deposits can be minimised.
The writer is a former senior economist of
SBI. Views expressed are personal.
Dealing with unclaimed bank deposits There is a huge sum of money lying unclaimed with banks. Here are some ways of helping people reclaim it
Public sector banks have a higher
percentage of unclaimed deposits AFP
February 24, 2002
UB to take SAB by the horns on Rochees bidUnited Breweries (UB) is hurtling for a headon collisionwith global giant South African Breweries (SAB). In ahostile move, the domestic beer major is in talks to stealthe acquisition of Rajasthanbased Rochees Breweries Ltdfrom the multinational. Speaking to Business Line, Mr RaviNedungadi, President & CFO, UB group, said Rocheesfi�gured among the three breweries shortlisted by thecompany for possible acquisition in Rajasthan. "We didn'tgo to Rochees. The promoters came to us looking for a deal.The brewery is still on the table," he said.
Prabhu advocates user charges for powerThe Union Minister for Power, Mr Suresh Prabhu, onSaturday laid the foundation stone of a 400kVtransmission system at Ghanapuram, near here, which isto be taken up by Power Grid Corporation of India Ltd(PGCIL). The system is part of the Ramagundam StageIllproject of the National Thermal Power Corporation (NTPC)and it provides an additional corridor for transmission ofpower to the Southern region.
Sena leads opposition to labour reformsThe Shiv Sena, a major ally of the National DemocraticAlliance (NDA), on Saturday threatened to join hands withLeftwing trade unions in opposing the labour reformsproposed by the Vajpayee Government and said theDefence Minister, Mr George Fernandes, with a trade unionbackground, should have resigned on the issue. "MrGeorge Fernandes should have off�ered his resignationfrom the Cabinet on this issue as he has been closelyassociated with the trade union movement and was aveteran union leader in the past," the Sena supremo, MrBal Thackeray, told newspersons.
TWENTY YEARS AGO TODAY
BusinessLine
NITHIN MANNIL
Market observers andinvestors around theworld are wonderingabout the sustainabil
ity of the current market bull run.S&P benchmark has climbed 22.9per cent and Sensex has risen by26.89 per cent in 2021. Although it isvery diffi�cult to predict the marketbehaviour, a few indicators canprovide signals on the futuredirection.
A research paper authored byPrachi Deuskar, Nitin Kumar, andJeramia Poland provides insightsinto how the behaviour of investors predicts market returns.The paper explores the possibilityof using signals based on the margin trading behaviour of potentially informed investors.
Margin trading involves borrowing money from a brokerage fi�rmto execute trades.
It requires the trader to place aminimum amount of cash, technically called the margin requirement.
The margin requirement is calculated as a percentage of the totalpurchase value of shares in themargin account. It could vary from
25 per cent to 50 per cent depending upon the broker.
How margin trading worksIf an investor buys shares worth₹�20,000, a margin requirement of25 per cent would mean the investor has to place cash of ₹�5,000and the broker will provide the remaining ₹�15,000 as debt. 25 percent margin essentially means thatthe broker will provide debt atthree times the value of the investor’s equity.
Now, suppose the value of sharesrises from ₹�20,000 to ₹�24,000, theinvestor’s equity will rise from₹�5,000 to ₹�9,000. As the brokercan provide debt of up to threetimes the investor’s equity, thiswould amount to ₹�27,000, whichis the debt capacity. Once the actualdebt is subtracted from the debt capacity, we get the margin capacity.
Debt capacity of the investor inour illustration is ₹�27,000 and theactual debt taken is ₹�15,000, so theinvestor has a margin capacity of₹�12,000. An investor can utilise thismargin capacity to borrow moreand invest further. If the investordoes not utilise this margin capacity and holds back from investing,it suggests caution on his/her part.
High margin capacity indicatesthat investor portfolio has generated strong returns in the past, butis not optimistic about the future.
Thus, high margin capacity captures the pessimistic sentiment ofpotentially betterinformed andsophisticated investors. As expected, the paper fi�nds that the totalmargin capacity across all investors is inversely proportional tofuture S&P 500 returns over periods up to one year. This happens because investors who accumulatemargin capacity are betterinformed and choose to borrow lessin anticipation of lower cash fl�owsand increased risk.
Margin capacity in the US remained low through the 1980s and1990s, during which the stock market performed spectacularly wellfollowing the optimism of the Reagan years and IT stock mania of
the 1990s. Margin capacity is also abetter predictor during times ofcontraction. It experienced a largeincrease in 1999 before the dotcombust of 2000 and again before the2008 fi�nancial crisis. However, itsprediction of the stock marketcrash at the onset of the Covid pandemic was not strong. Yet in thepostpandemic months, the forecasts were in line with the hypothesis of the paper.
Margin capacity was relativelyhigh during Q1 and Q2 of 2021,thereby predicting correctly the relatively low returns of 4.6 per centin Q2 and 1.9 per cent in Q3 for theDow Jones index. Margin capacitydropped in Q3 from the highs ofQ2, and as expected Q4 deliveredhigher returns at 7.4 per cent. Margin capacity in Q4 increased veryslightly, suggesting the Dow Jonesindex would remain stablewithout strong movements ineither direction.
As we come back home to observe how these trends hold for theIndian market, we rely on proxy indicators that capture the behaviour of sophisticated investors.Loan book of brokerage fi�rms is anindirect measure of the debt levelsof traders. Many broking fi�rms
have declared their Q3 results andthe client funding book has grownat a slower rate than previous quarters.
ICICI Securities increased its loanbook from ₹�5,902 crore to ₹�7,103crore during Q3 with a growth rateof 20.4 per cent, which is lowerthan Q1 growth of 64 per cent.
Similarly, Angel One reduced itsloan book from ₹�1,778 crore to₹�1,514 crore during Q3. This slowdown in client funding couldmean that investors engaged inmargin trading are anticipatinglower or even negative returns inthe next few months.
Rising commodity prices andthe US Fed’s imminent taperingmay hit FII infl�ows, while strong recovery in India, and announcements of major reforms in theBudget could provide resilience inthe market.
In conclusion, most signals indicate some level of stability in future market movement. But eventhese predictions are reliable onlyfor short time horizons spanning23 months.
The writer is a Research Associate at the
Centre for Analytical Finance, Indian
School of Business
Predicting market movement through margin capacity
The European Commissionon Wednesday proposed a
law to make large companies operating in the EU check that theirsuppliers around the world respect environmental standardsand do not use slave or childlabour.
The Corporate SustainabilityDue Diligence law will also obligedirectors of European Unionfi�rms to ensure that their business strategy aligns with limiting global warming to 1.5 Celsius,as agreed under the Paris climateagreement. Under the proposal,EU fi�rms will have to assess theirsupply chains at least once a yearand before major business decisions or starting new activities,for risks including forced labour,child labour, inadequate workplace safety, and environmentalimpacts like pollution and ecosystem degradation. REUTERS
Suppliers to EU cos toensure eco, rights norms
SHORT TAKE
................BMBMECMYK
MUMBAI
6 BusinessLine THURSDAY • FEBRUARY 24 • 2022MARKET RADAR
For BSE/NSE live quotes, scan
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Sanofi� to pay ₹�181 fi�nal, ₹�309/specialChennai, February 23
The Board of Directors of Sanofi� India on
Wednesday approved the recommendation
for payment of a fi�nal dividend of ₹�181 for a
equity share of ₹�10 each for the year ended
December 2021 and a special dividend of ₹�309
a share. The company plans to issue dividends
after considering the slump sale and transfer of
its nutraceuticals business during the year and
reviewing the cash requirements for the
company's operations. Shares of Sanofi� India
closed 2 per cent higher at ₹�7277.45 on the
BSE. OUR BUREAU
US stocks drift after positive startFebruary 23
US equities drifted on Wednesday as investors
assessed limited initial Western sanctions
against Russia amid the Ukraine standoff.
Treasuries extended declines. The S&P 500 was
little changed, after falling into a technical
correction on Tuesday, while the techheavy
Nasdaq 100 was also fl�at after Ukraine said
government websites were subject to a
cyberattack. The Dow Jones Industrial Average
rose 84.36 points, or 0.25 per cent, at the open
to 33,680.97. The S&P 500 gained 0.2 in early
deal on Wednesday while the techheavy
Nasdaq 100 was little changed. AGENCIES
IIFL Securities, GoCharting join hands Chennai, February 23
IIFL Securities has announced partnership with
GoCharting, a Luxembourgbased company
providing research and charting platform for
NSE and MCX as well as multiple crypto
exchanges. The partnership will add value to the
IIFL Securities customers by offering lowlatency
real time feed, comprehensive toolkit for charts,
order fl�ow and technical analysis. The
GoCharting cloudbased platform allows traders
to build a personalised monitoring interface
with high performance charting. Shares of IIFL
Securities closed 2.65 per cent higher at ₹�85.20
on the BSE. OUR BUREAU
QUICKLY
THE TOP 100Company Prev Close Open High Low Qty 52 W High 52 W Low PE BSE Close
AbbottIndia . . . . . . . . . . . . . . . . . . . .. . . . 16714.75. . . . 17021.25. . . . 16751.10. . . . 17069.90. . . . 16625.05. . . . . . . 27.21. . . . 23902.30. . . . 14250.00. . . . . 49 . . . . 17010.00
ACC . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 2165.40. . . . . 2151.30. . . . . 2169.05. . . . . 2197.00. . . . . 2143.70. . . . . . 376.03. . . . . 2587.95. . . . . 1686.75. . . . . 21 . . . . . 2149.60
Adani Ent [1] . . . . . . . . . . . . . . . . . . .. . . . . 1667.70. . . . . 1688.70. . . . . 1682.00. . . . . 1717.50. . . . . 1670.00. . . . . 1285.01. . . . . 1908.55. . . . . . 769.10. . . . 261 . . . . . 1687.65
Adani Ports [2] . . . . . . . . . . . . . . . .. . . . . . 705.55. . . . . . 706.70. . . . . . 711.00. . . . . . 719.40. . . . . . 705.00. . . . . 2978.28. . . . . . 901.00. . . . . . 638.00. . . . 106 . . . . . . 706.70
AlkemLabs [2] . . . . . . . . . . . . . . . . . .. . . . . 3271.00. . . . . 3265.00. . . . . 3270.00. . . . . 3384.60. . . . . 3249.55. . . . . . 124.09. . . . . 4067.70. . . . . 2544.25. . . . . 21 . . . . . 3259.10
AmbujaCement [2]. . . . . . . . . . . . . .. . . . . . 337.35. . . . . . 330.95. . . . . . 338.90. . . . . . 340.50. . . . . . 329.60. . . . . 5312.65. . . . . . 442.95. . . . . . 261.10. . . . . 31 . . . . . . 331.10
Apollo Hsp [5]. . . . . . . . . . . . . . . . . .. . . . . 4576.05. . . . . 4610.80. . . . . 4595.00. . . . . 4735.00. . . . . 4590.50. . . . . . 755.05. . . . . 5930.70. . . . . 2789.00. . . . 104 . . . . . 4608.15
Asian Paints [1] . . . . . . . . . . . . . . . .. . . . . 3227.15. . . . . 3237.20. . . . . 3236.90. . . . . 3296.90. . . . . 3230.00. . . . . . 935.90. . . . . 3588.05. . . . . 2261.45. . . . 102 . . . . . 3239.60
AurobindoPh [1] . . . . . . . . . . . . . . . .. . . . . . 637.55. . . . . . 637.05. . . . . . 640.00. . . . . . 644.65. . . . . . 634.30. . . . . 1200.53. . . . . 1063.75. . . . . . 590.25. . . . . 24 . . . . . . 635.65
AvenuSupmart . . . . . . . . . . . . . . . . .. . . . . 4157.10. . . . . 4193.45. . . . . 4165.00. . . . . 4217.70. . . . . 4135.00. . . . . . 360.45. . . . . 5899.90. . . . . 2677.00. . . . 171 . . . . . 4196.00
Axis Bank [2]. . . . . . . . . . . . . . . . . . .. . . . . . 779.15. . . . . . 777.20. . . . . . 783.50. . . . . . 785.50. . . . . . 772.25. . . . . 6303.17. . . . . . 866.60. . . . . . 626.40. . . . . 21 . . . . . . 777.20
Bajaj Auto . . . . . . . . . . . . . . . . . . . . .. . . . . 3600.70. . . . . 3580.30. . . . . 3615.10. . . . . 3639.90. . . . . 3570.00. . . . . . 209.39. . . . . 4347.95. . . . . 3028.35. . . . . 21 . . . . . 3579.00
Bajaj Hld. . . . . . . . . . . . . . . . . . . . . . .. . . . . 5198.70. . . . . 5227.65. . . . . 5249.00. . . . . 5279.95. . . . . 5182.00. . . . . . . 25.47. . . . . 5654.00. . . . . 3145.00. . . . . 36 . . . . . 5228.70
BajajFin [2]. . . . . . . . . . . . . . . . . . . . .. . . . . 7011.35. . . . . 7044.55. . . . . 7060.00. . . . . 7117.35. . . . . 7027.45. . . . . . 795.23. . . . . 8043.50. . . . . 4361.60. . . . . 81 . . . . . 7050.20
BajajFinserv [5]. . . . . . . . . . . . . . . . .. . . . 16189.45. . . . 16133.60. . . . 16390.00. . . . 16390.00. . . . 16035.05. . . . . . 241.83. . . . 19319.95. . . . . 8962.20. . . . 446 . . . . 16146.45
BandhanBank . . . . . . . . . . . . . . . . . .. . . . . . 307.60. . . . . . 315.45. . . . . . 309.00. . . . . . 317.75. . . . . . 308.35. . . . . 5019.19. . . . . . 371.15. . . . . . 229.65. . . . . . . . . . . 315.35
BergrPaintIn [1] . . . . . . . . . . . . . . . .. . . . . . 727.05. . . . . . 730.25. . . . . . 727.05. . . . . . 738.00. . . . . . 727.05. . . . . . 331.80. . . . . . 872.00. . . . . . 675.00. . . . . 96 . . . . . . 730.05
Bharti Air [5] . . . . . . . . . . . . . . . . . . .. . . . . . 699.25. . . . . . 704.40. . . . . . 700.10. . . . . . 708.95. . . . . . 699.50. . . . . 4124.47. . . . . . 781.90. . . . . . 490.15. . . . . . . . . . . 704.25
Biocon [5]. . . . . . . . . . . . . . . . . . . . . .. . . . . . 384.30. . . . . . 395.45. . . . . . 384.10. . . . . . 397.15. . . . . . 383.45. . . . . 2297.26. . . . . . 424.10. . . . . . 314.90. . . . . . . . . . . 394.85
Bosch . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 15970.15. . . . 15951.40. . . . 15970.00. . . . 16213.10. . . . 15840.00. . . . . . . 20.42. . . . 19244.50. . . . 13230.00. . . . . 35 . . . . 15958.95
BPCL . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 355.30. . . . . . 357.10. . . . . . 358.50. . . . . . 360.80. . . . . . 356.20. . . . . 2818.07. . . . . . 503.00. . . . . . 349.40. . . . . . 6 . . . . . . 357.20
Britannia [1] . . . . . . . . . . . . . . . . . . .. . . . . 3489.75. . . . . 3511.15. . . . . 3497.75. . . . . 3530.00. . . . . 3470.00. . . . . . 326.85. . . . . 4152.05. . . . . 3325.00. . . . . 55 . . . . . 3507.30
Cadila HC [1] . . . . . . . . . . . . . . . . . .. . . . . . 366.45. . . . . . 371.70. . . . . . 367.00. . . . . . 376.65. . . . . . 367.00. . . . . 1591.42. . . . . . 673.70. . . . . . 355.70. . . . . 34 . . . . . . 371.60
Cipla [2] . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 913.40. . . . . . 914.90. . . . . . 915.25. . . . . . 921.30. . . . . . 910.25. . . . . 1399.31. . . . . 1005.00. . . . . . 738.25. . . . . 27 . . . . . . 915.75
Coal India . . . . . . . . . . . . . . . . . . . . .. . . . . . 159.90. . . . . . 158.50. . . . . . 160.35. . . . . . 162.30. . . . . . 158.20. . . . . 7627.47. . . . . . 203.85. . . . . . 123.45. . . . . 10 . . . . . . 158.55
Colgate [1]. . . . . . . . . . . . . . . . . . . . .. . . . . 1422.80. . . . . 1432.25. . . . . 1427.00. . . . . 1435.15. . . . . 1420.00. . . . . . 268.52. . . . . 1823.00. . . . . 1375.55. . . . . 36 . . . . . 1432.80
Dabur [1] . . . . . . . . . . . . . . . . . . . . . .. . . . . . 550.05. . . . . . 543.25. . . . . . 550.05. . . . . . 551.00. . . . . . 540.60. . . . . . 940.99. . . . . . 658.75. . . . . . 483.00. . . . . 67 . . . . . . 544.30
Divi'sLabs [2]. . . . . . . . . . . . . . . . . . .. . . . . 4224.80. . . . . 4181.60. . . . . 4232.00. . . . . 4258.65. . . . . 4173.15. . . . . . 379.33. . . . . 5425.00. . . . . 3154.50. . . . . 44 . . . . . 4181.55
DLF Ltd [2]. . . . . . . . . . . . . . . . . . . . .. . . . . . 324.35. . . . . . 344.20. . . . . . 330.15. . . . . . 345.45. . . . . . 328.95. . . . 16434.37. . . . . . 449.80. . . . . . 231.95. . . . . 54 . . . . . . 344.20
Dr Reddy [5] . . . . . . . . . . . . . . . . . . .. . . . . 4218.50. . . . . 4200.95. . . . . 4260.00. . . . . 4260.65. . . . . 4190.85. . . . . . 371.48. . . . . 5613.65. . . . . 4135.90. . . . . 46 . . . . . 4198.75
Eicher Motor [1]. . . . . . . . . . . . . . . .. . . . . 2725.50. . . . . 2706.65. . . . . 2733.90. . . . . 2748.50. . . . . 2697.90. . . . . . 479.28. . . . . 2995.35. . . . . 2303.75. . . . . 49 . . . . . 2708.10
Gail(India) . . . . . . . . . . . . . . . . . . . . .. . . . . . 134.55. . . . . . 138.25. . . . . . 135.05. . . . . . 139.90. . . . . . 135.00. . . . 11299.80. . . . . . 171.35. . . . . . 125.20. . . . . . 6 . . . . . . 138.40
GlandPharma . . . . . . . . . . . . . . . . . .. . . . . 3246.10. . . . . 3356.10. . . . . 3280.00. . . . . 3400.00. . . . . 3270.40. . . . . . 190.25. . . . . 4350.00. . . . . 2308.55. . . . . . . . . . . . . . . .
Godrej Cons [1] . . . . . . . . . . . . . . . .. . . . . . 780.90. . . . . . 803.45. . . . . . 785.00. . . . . . 806.00. . . . . . 780.55. . . . . . 882.67. . . . . 1138.50. . . . . . 644.00. . . . . 63 . . . . . . 803.40
Grasim [2] . . . . . . . . . . . . . . . . . . . . .. . . . . 1684.15. . . . . 1669.80. . . . . 1690.10. . . . . 1704.00. . . . . 1663.15. . . . . . 673.10. . . . . 1939.00. . . . . 1192.25. . . . . 44 . . . . . 1669.75
HavellsIndia [1]. . . . . . . . . . . . . . . . .. . . . . 1203.45. . . . . 1201.25. . . . . 1207.00. . . . . 1217.45. . . . . 1198.35. . . . . . 627.29. . . . . 1503.70. . . . . . 958.35. . . . . 66 . . . . . 1201.65
HCL Tech [2] . . . . . . . . . . . . . . . . . . .. . . . . 1149.55. . . . . 1153.00. . . . . 1156.00. . . . . 1159.00. . . . . 1148.05. . . . . 1937.65. . . . . 1377.00. . . . . . 890.00. . . . . 38 . . . . . 1152.50
HDFC [2]. . . . . . . . . . . . . . . . . . . . . . .. . . . . 2453.95. . . . . 2437.05. . . . . 2471.80. . . . . 2479.45. . . . . 2428.30. . . . . 3044.31. . . . . 3021.10. . . . . 2286.45. . . . . 33 . . . . . 2437.50
HDFC AMC [5] . . . . . . . . . . . . . . . . .. . . . . 2181.70. . . . . 2182.95. . . . . 2199.85. . . . . 2206.00. . . . . 2171.65. . . . . . 196.01. . . . . 3363.00. . . . . 2106.95. . . . . 34 . . . . . 2182.05
HDFC Bank [1] . . . . . . . . . . . . . . . . .. . . . . 1510.70. . . . . 1500.90. . . . . 1525.10. . . . . 1525.70. . . . . 1495.65. . . . . 4514.78. . . . . 1724.30. . . . . 1353.10. . . . . 24 . . . . . 1501.90
HDFCLifeIns. . . . . . . . . . . . . . . . . . . .. . . . . . 572.75. . . . . . 569.05. . . . . . 572.75. . . . . . 578.00. . . . . . 565.50. . . . . 1929.38. . . . . . 775.65. . . . . . 551.70. . . . 103 . . . . . . 570.20
HeroMoto [2]. . . . . . . . . . . . . . . . . . .. . . . . 2731.00. . . . . 2670.65. . . . . 2745.00. . . . . 2762.45. . . . . 2665.00. . . . . . 631.23. . . . . 3514.20. . . . . 2310.50. . . . . 20 . . . . . 2670.75
Hindalco [1] . . . . . . . . . . . . . . . . . . . .. . . . . . 516.20. . . . . . 518.70. . . . . . 519.80. . . . . . 523.25. . . . . . 515.65. . . . . 8928.93. . . . . . 553.85. . . . . . 305.40. . . . . 27 . . . . . . 518.70
HPCL . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 291.00. . . . . . 289.60. . . . . . 291.00. . . . . . 294.95. . . . . . 288.00. . . . . 2110.16. . . . . . 354.55. . . . . . 223.00. . . . . . 5 . . . . . . 290.05
HUL [1] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 2269.95. . . . . 2260.40. . . . . 2270.00. . . . . 2273.95. . . . . 2252.25. . . . . 1324.41. . . . . 2859.10. . . . . 2104.25. . . . . 61 . . . . . 2260.90
ICICI Bank [2] . . . . . . . . . . . . . . . . . .. . . . . . 751.30. . . . . . 744.60. . . . . . 754.60. . . . . . 756.40. . . . . . 742.70. . . . 11624.28. . . . . . 859.70. . . . . . 531.00. . . . . 25 . . . . . . 744.70
ICICILombGIC . . . . . . . . . . . . . . . . . .. . . . . 1275.75. . . . . 1279.90. . . . . 1277.50. . . . . 1288.00. . . . . 1266.15. . . . . . 549.49. . . . . 1674.00. . . . . 1240.10. . . . . 48 . . . . . 1279.40
IndraprsGas [2]. . . . . . . . . . . . . . . . .. . . . . . 360.40. . . . . . 361.10. . . . . . 361.60. . . . . . 367.30. . . . . . 360.25. . . . . 2342.36. . . . . . 604.00. . . . . . 354.45. . . . . 20 . . . . . . 361.50
IndusInd BK. . . . . . . . . . . . . . . . . . . .. . . . . . 939.10. . . . . . 950.70. . . . . . 944.00. . . . . . 960.80. . . . . . 943.15. . . . . 3507.00. . . . . 1241.85. . . . . . 811.10. . . . . 18 . . . . . . 950.70
IndusTowers . . . . . . . . . . . . . . . . . . .. . . . . . 252.05. . . . . . 251.65. . . . . . 252.60. . . . . . 254.45. . . . . . 247.50. . . . . 2374.84. . . . . . 332.80. . . . . . 194.10. . . . . . . . . . . . . . . .
INFO EDGE (I). . . . . . . . . . . . . . . . . .. . . . . 4460.80. . . . . 4411.80. . . . . 4524.00. . . . . 4527.00. . . . . 4395.00. . . . . . 332.09. . . . . 7462.95. . . . . 4027.00. . . . 133 . . . . . 4409.55
Infosys [5] . . . . . . . . . . . . . . . . . . . . .. . . . . 1734.35. . . . . 1742.85. . . . . 1750.00. . . . . 1758.25. . . . . 1733.40. . . . . 5478.81. . . . . 1953.70. . . . . 1230.00. . . . . 36 . . . . . 1743.35
IntGlobAviat . . . . . . . . . . . . . . . . . . .. . . . . 2066.05. . . . . 2039.40. . . . . 2085.00. . . . . 2095.00. . . . . 2030.45. . . . . . 720.06. . . . . 2379.00. . . . . 1502.90. . . . . . . . . . 2039.20
IOC . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 117.10. . . . . . 117.15. . . . . . 117.80. . . . . . 118.30. . . . . . 116.50. . . . . 5683.48. . . . . . 141.75. . . . . . . 86.70. . . . . . 4 . . . . . . 117.15
IPruLifeINS. . . . . . . . . . . . . . . . . . . .. . . . . . 505.10. . . . . . 500.75. . . . . . 506.50. . . . . . 508.90. . . . . . 497.15. . . . . 2250.20. . . . . . 724.50. . . . . . 411.00. . . . 114 . . . . . . 499.60
ITC [1]. . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 214.85. . . . . . 215.95. . . . . . 216.80. . . . . . 217.50. . . . . . 215.05. . . . 11014.28. . . . . . 265.30. . . . . . 199.10. . . . . 18 . . . . . . 215.95
JSWSteelLtd [1] . . . . . . . . . . . . . . . .. . . . . . 622.00. . . . . . 614.70. . . . . . 624.50. . . . . . 627.95. . . . . . 612.85. . . . . 2339.93. . . . . . 776.50. . . . . . 371.40. . . . . . 8 . . . . . . 615.30
JublilntFood . . . . . . . . . . . . . . . . . . . .. . . . . 2994.25. . . . . 3029.20. . . . . 3010.00. . . . . 3077.55. . . . . 3010.00. . . . . . 705.14. . . . . 4577.45. . . . . 2660.90. . . . . 93 . . . . . 3027.05
Kot.Mah.Bk [5] . . . . . . . . . . . . . . . . .. . . . . 1841.75. . . . . 1886.10. . . . . 1852.90. . . . . 1912.85. . . . . 1852.90. . . . . 6915.92. . . . . 2252.45. . . . . 1627.25. . . . . 50 . . . . . 1887.75
L&T [2] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 1844.45. . . . . 1820.30. . . . . 1849.00. . . . . 1852.00. . . . . 1816.15. . . . . 1583.87. . . . . 2078.20. . . . . 1306.40. . . . . 38 . . . . . 1822.05
L&TInfotech [1]. . . . . . . . . . . . . . . . .. . . . . 5991.05. . . . . 5911.80. . . . . 6026.00. . . . . 6073.30. . . . . 5878.50. . . . . . 246.06. . . . . 7595.25. . . . . 3525.95. . . . . 49 . . . . . 5911.25
Lupin [2] . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 752.20. . . . . . 756.00. . . . . . 754.70. . . . . . 763.00. . . . . . 753.35. . . . . . 995.85. . . . . 1267.50. . . . . . 691.70. . . . 210 . . . . . . 757.25
M&M [5] . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 853.25. . . . . . 850.30. . . . . . 856.00. . . . . . 869.70. . . . . . 845.70. . . . . 2265.06. . . . . . 978.90. . . . . . 725.00. . . . . 26 . . . . . . 849.75
Marico Ltd [1]. . . . . . . . . . . . . . . . . .. . . . . . 505.35. . . . . . 501.00. . . . . . 503.00. . . . . . 506.45. . . . . . 499.70. . . . . . 812.78. . . . . . 606.00. . . . . . 379.05. . . . . 57 . . . . . . 501.05
Maruti [5]. . . . . . . . . . . . . . . . . . . . . .. . . . . 8622.80. . . . . 8698.85. . . . . 8690.00. . . . . 8789.95. . . . . 8655.20. . . . . . 557.95. . . . . 9022.00. . . . . 6301.20. . . . . 85 . . . . . 8701.20
MRF . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 65769.60. . . . 65803.60. . . . 66164.20. . . . 66799.95. . . . 65701.00. . . . . . . 11.02. . . . 94000.00. . . . 63000.05. . . . . 34 . . . . 65812.85
MuthootFinan . . . . . . . . . . . . . . . . . .. . . . . 1348.50. . . . . 1344.00. . . . . 1354.00. . . . . 1366.40. . . . . 1335.00. . . . . . 646.29. . . . . 1722.55. . . . . 1120.45. . . . . 14 . . . . . 1346.75
NestleIndia. . . . . . . . . . . . . . . . . . . . .. . . . 18111.00. . . . 17926.65. . . . 18111.00. . . . 18209.55. . . . 17835.00. . . . . . . 59.25. . . . 20599.95. . . . 15900.00. . . . . 91 . . . . 17949.45
NMDC Ltd [1] . . . . . . . . . . . . . . . . . .. . . . . . 140.05. . . . . . 142.75. . . . . . 141.40. . . . . . 144.70. . . . . . 140.75. . . . 10043.69. . . . . . 213.15. . . . . . 120.20. . . . . . 4 . . . . . . 142.65
NTPC. . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 132.10. . . . . . 130.20. . . . . . 132.00. . . . . . 133.45. . . . . . 129.85. . . . . 9263.26. . . . . . 152.10. . . . . . . 93.20. . . . . . 8 . . . . . . 130.00
ONGC [5] . . . . . . . . . . . . . . . . . . . . . .. . . . . . 164.95. . . . . . 160.75. . . . . . 166.25. . . . . . 166.40. . . . . . 159.65. . . . 21301.83. . . . . . 176.40. . . . . . . 97.45. . . . . . 6 . . . . . . 160.70
Petronet . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 207.25. . . . . . 205.25. . . . . . 207.95. . . . . . 209.85. . . . . . 204.70. . . . . 1440.38. . . . . . 260.90. . . . . . 203.90. . . . . 10 . . . . . . 205.35
PGHH . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 15431.25. . . . 15658.25. . . . 15539.00. . . . 15750.00. . . . 15355.00. . . . . . . . 2.52. . . . 16420.90. . . . 12021.15. . . . . 88 . . . . 15659.60
PidiliteInd [1] . . . . . . . . . . . . . . . . . .. . . . . 2382.70. . . . . 2415.60. . . . . 2399.95. . . . . 2432.00. . . . . 2394.00. . . . . . 227.72. . . . . 2764.60. . . . . 1666.70. . . . 100 . . . . . 2416.75
PiramalEntp [2]. . . . . . . . . . . . . . . . .. . . . . 2045.80. . . . . 2099.90. . . . . 2059.60. . . . . 2138.00. . . . . 2055.00. . . . . . 995.40. . . . . 3013.00. . . . . 1612.00. . . . 145 . . . . . 2100.30
PowerGrid . . . . . . . . . . . . . . . . . . . . .. . . . . . 198.15. . . . . . 198.05. . . . . . 198.35. . . . . . 199.50. . . . . . 197.60. . . . . 4870.10. . . . . . 220.85. . . . . . 148.88. . . . . 10 . . . . . . 198.10
Pun.Natl.Bk [2] . . . . . . . . . . . . . . . . .. . . . . . . 37.20. . . . . . . 37.35. . . . . . . 37.20. . . . . . . 38.00. . . . . . . 37.20. . . . 36877.07. . . . . . . 47.60. . . . . . . 31.50. . . . . 11 . . . . . . . 37.40
Reliance . . . . . . . . . . . . . . . . . . . . . . .. . . . . 2389.00. . . . . 2374.05. . . . . 2401.10. . . . . 2406.55. . . . . 2368.00. . . . . 3373.62. . . . . 2750.00. . . . . 1877.60. . . . . 45 . . . . . 2373.80
SBI [1] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 498.40. . . . . . 498.70. . . . . . 503.00. . . . . . 505.35. . . . . . 497.25. . . . 13899.43. . . . . . 549.05. . . . . . 321.15. . . . . 13 . . . . . . 498.55
SBICards&Pay. . . . . . . . . . . . . . . . . .. . . . . . 790.50. . . . . . 797.80. . . . . . 799.80. . . . . . 806.95. . . . . . 794.00. . . . . 1321.16. . . . . 1165.00. . . . . . 776.00. . . . . . . . . . . . . . . .
SBILifeInsur . . . . . . . . . . . . . . . . . . . .. . . . . 1100.95. . . . . 1101.75. . . . . 1108.00. . . . . 1114.95. . . . . 1098.70. . . . . 1743.77. . . . . 1293.00. . . . . . 840.00. . . . . 81 . . . . . 1101.85
ShreeCement . . . . . . . . . . . . . . . . . .. . . . 24393.70. . . . 24603.45. . . . 24600.00. . . . 24799.35. . . . 24146.00. . . . . . . 46.90. . . . 32050.00. . . . 23505.70. . . . . 36 . . . . 24537.90
Siemens [2] . . . . . . . . . . . . . . . . . . . .. . . . . 2406.90. . . . . 2396.50. . . . . 2420.30. . . . . 2460.15. . . . . 2392.35. . . . . . 222.27. . . . . 2577.45. . . . . 1718.00. . . . . 81 . . . . . 2395.90
Sun Pharma [1] . . . . . . . . . . . . . . . .. . . . . . 845.80. . . . . . 840.25. . . . . . 849.85. . . . . . 853.00. . . . . . 838.05. . . . . 1979.57. . . . . . 902.50. . . . . . 561.65. . . . 116 . . . . . . 840.25
Tata Motors [2] . . . . . . . . . . . . . . . .. . . . . . 478.25. . . . . . 477.00. . . . . . 481.75. . . . . . 485.40. . . . . . 475.30. . . . 17704.00. . . . . . 536.50. . . . . . 268.50. . . . . . . . . . . 477.00
Tata Steel . . . . . . . . . . . . . . . . . . . . .. . . . . 1138.70. . . . . 1139.00. . . . . 1148.00. . . . . 1152.60. . . . . 1134.00. . . . . 4960.84. . . . . 1534.60. . . . . . 656.55. . . . . . 4 . . . . . 1138.80
TataConsuPro . . . . . . . . . . . . . . . . . .. . . . . . 715.20. . . . . . 723.25. . . . . . 715.00. . . . . . 731.20. . . . . . 714.10. . . . . 1816.65. . . . . . 889.00. . . . . . 577.05. . . . . . . . . . . . . . . .
TCS [1] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 3586.40. . . . . 3563.80. . . . . 3611.00. . . . . 3622.90. . . . . 3555.65. . . . . 2426.20. . . . . 4045.50. . . . . 2701.00. . . . . 36 . . . . . 3565.30
TechMahindra [5]. . . . . . . . . . . . . . .. . . . . 1412.55. . . . . 1413.30. . . . . 1422.00. . . . . 1424.95. . . . . 1409.20. . . . . 1319.71. . . . . 1837.75. . . . . . 915.05. . . . . 27 . . . . . 1414.00
TitanCompany [1] . . . . . . . . . . . . . .. . . . . 2450.10. . . . . 2495.70. . . . . 2452.00. . . . . 2525.00. . . . . 2452.00. . . . . 2096.20. . . . . 2687.30. . . . . 1400.05. . . . 100 . . . . . 2491.10
TorrentPhar [5]. . . . . . . . . . . . . . . . .. . . . . 2700.40. . . . . 2738.15. . . . . 2721.00. . . . . 2749.70. . . . . 2710.10. . . . . . 142.53. . . . . 3304.45. . . . . 2311.30. . . . . 44 . . . . . 2736.60
UB [1] . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 1516.00. . . . . 1531.80. . . . . 1518.15. . . . . 1548.40. . . . . 1516.85. . . . . . 215.55. . . . . 1793.65. . . . . 1050.00. . . . 119 . . . . . 1532.25
UltraTech . . . . . . . . . . . . . . . . . . . . . .. . . . . 6749.55. . . . . 6780.20. . . . . 6780.00. . . . . 6866.00. . . . . 6735.00. . . . . . 506.54. . . . . 8267.00. . . . . 5727.90. . . . . 31 . . . . . 6784.50
United Spr [2] . . . . . . . . . . . . . . . . . .. . . . . . 838.90. . . . . . 856.70. . . . . . 845.80. . . . . . 869.00. . . . . . 840.15. . . . . 1847.75. . . . . 1019.75. . . . . . 495.15. . . . . 70 . . . . . . 857.85
UPL [2] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 693.35. . . . . . 688.00. . . . . . 700.05. . . . . . 702.65. . . . . . 684.85. . . . . 2713.05. . . . . . 864.75. . . . . . 514.10. . . . 146 . . . . . . 686.95
Vedanta [1] . . . . . . . . . . . . . . . . . . . .. . . . . . 350.10. . . . . . 352.20. . . . . . 352.20. . . . . . 355.90. . . . . . 348.10. . . . . 9341.30. . . . . . 385.75. . . . . . 200.05. . . . . . 9 . . . . . . 352.35
Wipro [2] . . . . . . . . . . . . . . . . . . . . . .. . . . . . 564.15. . . . . . 567.10. . . . . . 569.20. . . . . . 570.90. . . . . . 562.65. . . . . 7204.26. . . . . . 739.80. . . . . . 398.00. . . . . 32 . . . . . . 567.40
Yes Bk [2] . . . . . . . . . . . . . . . . . . . . .. . . . . . . 13.60. . . . . . . 13.85. . . . . . . 13.70. . . . . . . 13.90. . . . . . . 13.60. . . . 74202.36. . . . . . . 16.90. . . . . . . 10.51. . . . . . . . . . . . 13.85
BusinessLine is not responsible for the recommendations
sourced from third party brokerages. Reports may be sent
to: blmarketwatch@gmail.com
JM FINANCIAL Nykaa (Buy) Target: ₹�2,120CMP: ₹�1,370The recent market turmoil in tech stocks has alsoengulfed Nykaa with concerns arising over futuregrowth and profi�tabilityWhile the company is likely to face newerchallenges to tackle and opportunities to explorein a postCovid world (fi�nally?), data trends andNykaa’s strategic choices provide us with theconfi�dence to believe that the company ispositioned perfectly to sustain its profi�tablegrowth trajectory. Nykaa’s Q3FY22 GMV grew 29per cent and 17 per cent QoQ in BPC and Fashion,respectively, raising concerns that growth inFashion has started to taper off� already. However,it needs to be understood that, unlike BPC, theFashion vertical doesn’t see as much seasonalityand even 17 per cent qoq growth implies 119 percent yoy growth. For comparison, Nykaa’sFashion GMV grew 14 per cent qoq in Q2FY22while growing 236 per cent yoy in 9MFY22.Nykaa remains a diff�erentiated player with itsfocus on 3 Cs – Content, Curation andConvenience – creating a rapidly growing andloyal consumer base. The company’s uniquesolutions to consumers’ and brands’ painpointscreate longterm stickiness that is likely to endureNykaa’s dominance in BPC while creating a nichepositioning in Fashion. The recent share pricecorrection provides an extremely encouragingriskreward and we reiterate our ‘Buy’ rating witha March 2023 target price of ₹�2,120.
BROKER’S CALL
EDELWEISS SECURITIESKalpataru Power (Buy) Target: ₹�540CMP: ₹�400.70Kalpataru Power (KPTL) announced the merger ofJMC Projects (68 per cent subsidiary) with itself ina share swap ratio of 4:1. Key points: In our view, the merger is ameaningful opportunity to scale up the combinedentity’s revenue led by geographical expansion,entry into bigticket projects and other businesssynergies; Operational/ fi�nancial savings couldadd up to ₹�100 crore in synergies (6 per centEBITDA); the merger is 3 per cent EPSaccretive(post8 per cent dilution) on FY24 earnings forKPTL. KPTL is on track to exit noncore businesses(including Shree Shubham), which are balancesheetheavy, and investing in corefocused EPCbusinesses (two acquisitions in last 24 months).This also shows up in the 40 per cent debtreduction over the last 12 months. JMC’s diversifi�cation into new civil infrabusinesses is playing out well. A strong order bookof ₹�31,000 crore provides 2.5x revenue visibility onFY22 revenues. With a threeyear 1520 per cent EPSCAGR potential and 15 per centplus RoE, KPTL oneyear forward P/E potential is 15x in our view. However, high promoter pledge and neartermheadwinds limit the target potential for now.Promoters’ private real estate company is eyeingits maiden IPO; if successful, that could lead topledge reduction and a P/E reratingWe are upgrading the stock to ‘Buy’ with a targetprice of ₹�540 (earlier ₹�400) .
KS BADRI NARAYANAN
Chennai, February 23
The Nse and BSE are all set to launchT+1 settlement from Friday for bottom 100 stocks in terms of marketvalue. T+1 means settlement (delivering of securities to buyers andtransfer of cash to sellers) will haveto be done within one day of the actual transaction taking place.
Tweak in T+1The market regulator in Septemberhad asked stock exchanges to introduce T+1 settlement cycle from January 1, 2022, on any of the securitiesavailable in the equity segment on
optional basis. As market intermediaries had raised concerns that thesame security having two settlement cycles could cause unnecessary operational complexity andrisk in the settlement system, SEBIhas restricted the securitiesunder T+1 to the bottom 100 stocksbased on market capitalisation.
Besides, FPIsalso had raisedconcerns of theiroperational problems due to working indiff�erent time zones.
So, SEBI has allowed exchanges tolaunch the T+1 settlement cycle in aphased manner from February 25,starting with bottom 100 stocks,and 500 more stocks will be added,based on the same market value cri
teria from the last Friday of March2022 and every following month.
‘Good move’"T+1 should be a good move makingsettlement cycle shorter reducing
margin requirement for clientswith margin blocked for
just 1 day, thereby increasing retail parti
cipation and investments comingto equity markets,"
said Anupam Agal,Head Operations &
Legal, Motilal Oswal Financial Services.
Edelweiss Alternative Research,which had analysed the list of stockswhich will be part of T+1 settlementcycle, said, "Going by our understanding of methodology, the keystocks (NSE and BSE 500 constituents) will be part of T+1 Settlement
cycle only after end of November2022". All the current Nifty 50 constituents will only move to T+1 cyclein the last batch (w.e.f January 27,2023), it added. "Thus the T+1 Settlement will be a gradual process(mainly lower to higher market capitalisation) and because of the adoption of new settlement cycle, we expect no near term impact," it added.
Fixed settlement cycleIt may be recalled that prior to July2001 exchanges had fi�xed settlement cycle. While the BSE had its settlement cycle from Monday toThursday, which meant that alltrades that happened betweenMonday and Thursday had to besettled on subsequent Fridays. Similarly, on the NSE, trades had to besettled on every Tuesday, as it had followed WednesdayMonday settlement cycle.
Analysts see little
impact, as only
bottom 100 scrips
will enter new cycle
BSE, NSE set to launch T+1settlement cycle from tomorrow OUR BUREAU
Chennai, February 23
IPObound Life Insurance Corporation (LIC) has made it clear that subscribers of Pradhan Mantri JeevanJyoti Bima Yojana (PMJJBY) will notbe eligible to subscribe to the sharesto be allotted under “policyholders”segment in the proposed mega initial public off�ering (IPO).
“It is a group insurance productand (PMJJBY policyholders) aren’teligible,” LIC said in a statement onTuesday.
This clarifi�cation came a day afterthe LIC Chairman M R Kumar said ina media interaction that PMJJBYsubscribers are also eligible for thebenefi�ts available for policyholders.However, LIC said in a statement issued next day that this eligibilitywas “inadvertently mentioned”.The government is looking to takeLIC public through a 5 per cent offerforsale (OFS) that could fetch itat least ₹�65,000 crore. The DRHPfi�led by LIC has clearly mentioned
that all policies other than grouppolicies qualify for bidding in thePolicyholder Reservation Portion.PMJJBY fi�nds mention as part of thegroup policies that would not be eligible for the policyholders quota.
The total number of shares reserved for eligible policyholderswould not exceed 10 per cent of thetotal off�er size.
Term policyPMJJBY is available to people in theage group of 18 to 50 years (life coverup to age 55) having a savings bankaccount and who give their consentto join and enable autodebit.
PMJJBY is a pure term insurancepolicy, which covers only mortalitywith no investment component.
For a premium of ₹�330 per annum per subscriber, PMJJBY off�ersrenewable oneyear life insuranceof ₹�2 lakh to all savings bank account holders in the age group of 1850 years, covering death due to anycircumstance.
LIC IPO: PMJJBY policyholderswill not be eligible for quota
OUR BUREAU
Mumbai, February 23
Working from home and use of digital tools have improved corporate governance compliance interms of attendance of directors for board meetings. According toa report by Institutional InvestorAdvisory Services (IiAS), companies with full attendance for at least75 per cent of all board meetingshave gone up from 50 per cent in2020 to 75 per cent in 2021.
With the regulatory push towards virtual AGMs, webcasts andtranscripts of AGMs were muchmore easily available than previously. Out of the BSE 100 companies, the number of companies
which provided evidence of timebeing allocated to address shareholder concerns and questionseither in the minutes of their AGMmeeting or in their AGM webcastincreased to 61 in 2021 study upfrom 37 in 2020.
All board members attended theAGM in 60 of the BSE 100 companies, up from 56 in 2020 and 13 in2019.
Involvement of directors“Boards have been more engagedin 2021 than ever before. We useboard meeting attendance as ayardstick to determine the in
volvement of directors: board attendance has increased signifi�cantly in 2021, higher thanpreCovid levels. One of the positive outcomes of Covid19 is that ithas compelled boards to embracetechnology and virtual meetings,”IiAS said .
“Companies often explainedaway the low attendance withbusy schedules, or constraintsaround time zones and travel. Butall of this seems to have sorted itself out. Board meeting attendance is likely to improve further ifcompanies set a board meetingcalendar at the beginning of everyyear and maintain the disciplineto follow through,” it added.
IiAS analysis shows that marketsdo value governance. At a portfoliolevel, companies that are well governed tend to show better priceperformance and lower stock betaover a period of time than thosethat are not so wellgoverned.
Thanks to work
from home, virtual
platforms,engagement
at meetings improves
Board meetings saw higherattendance in 2021: IiAS study PRESS TRUST OF INDIA
New Delhi, February 23
Bikaji Foods International, a leading manufacturer of snacks andsweets, has fi�led preliminary papers with markets regulator SEBIfor an initial public off�ering estimated to be worth ₹�1,000crore.
Certain shareholders of the Rajasthanbased company, including two promoters, plan to off�load around 2.94 crore sharesthrough the Off�er For Sale (OFS)route.
Bikaji was the largest manufacturer of Bikaneri bhujia in fi�scal2021 with annual production of26,690 tonnes and is a leadingmaker of packaged rasgulla, soanpapdi and gulab jamun, according to the Draft Red Herring Prospectus (DRHP) fi�led with SEBI.
The company plans to sell upto 2,93,73,984 shares and theselling shareholders include twopromoters Ratan Agarwal andDeepak Agarwal.
Bikaji Foods filesDRHP for IPO
GURUMURTHY K
BL Research Bureau
The stock of DLF has been in astrong downtrend since October last year. This week, thestock has declined sharply below the 200Day Moving Average (DMA) which is currentlypoised at ₹�358. In addition tothis, the 21DMA has made abearish crossover with the 200DMA. This strengthens the bearish case. Though the stock hasrisen sharply by 6 per cent onWednesday, the upside is likelyto be capped. Immediate resistance is at ₹�349. Above that, the200DMA is likely to act as thenext strong resistance now.
As such we can expect thestock to reverse lower again
and resume the downtrend.The stock can fall to ₹�322 – the38.2 per cent Fibonacci retracement support. A further breakbelow ₹�322 will then increasethe chances of the fall extending towards ₹�282 – the 50 percent Fibonacci retracementsupport level. Traders can goshort now and accumulate at₹�348 and ₹�354. Keep the stoploss at ₹�363. Trail the stoplossdown to ₹�339 as soon as thestock falls to ₹�331. Move thestoploss further down to ₹�328as soon as the stock dips to₹�322. Book profi�ts at ₹�315.
(Note: The recommendations
are based on technical analysis.
There is risk of loss in trading.)
TODAY'S PICK
DLF (₹�344.2): SELL
17067 • Nifty 50 FuturesS1 S2 R1 R2 COMMENT
17000 16850 17120 17250 Bias is bearish. Go short with a
stoploss at 17130 if the contract
breaks below 17000
S1, S2: Support 1 & 2; R1, R2: Resistance 1 & 2.
₹�1500 • HDFC BankS1 S2 R1 R2 COMMENT
1490 1470 1535 1575 Just above a support. Go short only
if the stock breaks below 1490.
Keep the stoploss at 1505
₹�1743 • InfosysS1 S2 R1 R2 COMMENT
1725 1690 1760 1800 Hovers around a resistance. Go
short on a break below 1725.
Stoploss can be placed at 1745
₹�216 • ITCS1 S2 R1 R2 COMMENT
213 210 218 221 Immediate outlook is not clear.
Avoid trading this stock until a clear
trend emerges.
₹�161 • ONGCS1 S2 R1 R2 COMMENT
160 157 163 167 Breaks the range on the downside
and turns bearish. Go short with a
stoploss at 165
₹�2371 • Reliance Ind. S1 S2 R1 R2 COMMENT
2345 2305 2395 2425 Downtrend resumes. Go short now
and accumulate at 2390. Keep the
stoploss at 2410.
₹�498 • SBIS1 S2 R1 R2 COMMENT
495 491 501 506 Can see a fresh fall from here.
Initiate new short positions with a
stoploss at 503
₹�3572 • TCSS1 S2 R1 R2 COMMENT
3550 3510 3610 3630 Can extend the fall from current
levels. Go short now with a
stoploss at 3615
DAY TRADING GUIDE
Nifty 50 Movers H 28.95 pts.Close(₹�) Pts PE Wt(%)
Kotak Bank . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1886.10. . . . . . . . 14.89. . . . . . . . . 34.68 . . . . . . . . 3.71Infosys . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1742.85. . . . . . . . . . 7.21. . . . . . . . . 34.50 . . . . . . . . 8.66Titan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2495.70. . . . . . . . . . 4.35. . . . . . . . . 98.96 . . . . . . . . 1.40Bharti Airtel. . . . . . . . . . . . . . . . . . . . . . . . .. . . . 704.40. . . . . . . . . . 2.78. . . . . . . . . 63.41 . . . . . . . . 2.23Maurti Suzuki . . . . . . . . . . . . . . . . . . . . . .. . 8698.85. . . . . . . . . . 2.31. . . . . . . . . 80.98 . . . . . . . . 1.55ITC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 215.95. . . . . . . . . . 2.20. . . . . . . . . 17.67 . . . . . . . . 2.53Bajaj Finance . . . . . . . . . . . . . . . . . . . . . . .. . 7044.55. . . . . . . . . . 2.02. . . . . . . . . 71.40 . . . . . . . . 2.51IndusInd Bank . . . . . . . . . . . . . . . . . . . . .. . . . 950.70. . . . . . . . . . 1.73. . . . . . . . . 17.00 . . . . . . . . 0.83TataConsumerProducts Ltd.. . . . 723.25. . . . . . . . . . 1.10. . . . . . . . . 78.37 . . . . . . . . 0.58Asian Paints. . . . . . . . . . . . . . . . . . . . . . . . .. . 3237.20. . . . . . . . . . 1.04. . . . . . . 100.79 . . . . . . . . 1.96Wipro . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 567.10. . . . . . . . . . 1.00. . . . . . . . . 25.64 . . . . . . . . 1.13HCL Tech . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1153.00. . . . . . . . . . 0.86. . . . . . . . . 28.35 . . . . . . . . 1.68Hindalco . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 518.70. . . . . . . . . . 0.84. . . . . . . . . . . 9.49 . . . . . . . . 1.02UltraTech Cement. . . . . . . . . . . . . . . .. . 6780.20. . . . . . . . . . 0.81. . . . . . . . . 30.14 . . . . . . . . 1.05Shree Cement. . . . . . . . . . . . . . . . . . . . . .24603.45. . . . . . . . . . 0.64. . . . . . . . . 35.83 . . . . . . . . 0.44Britannia Ind. . . . . . . . . . . . . . . . . . . . . . . .. . 3511.15. . . . . . . . . . 0.58. . . . . . . . . 56.45 . . . . . . . . 0.56BPCL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 357.10. . . . . . . . . . 0.39. . . . . . . . . . . 3.97 . . . . . . . . 0.46State Bank . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 498.70. . . . . . . . . . 0.26. . . . . . . . . 13.29 . . . . . . . . 2.57Adani Ports . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 706.70. . . . . . . . . . 0.19. . . . . . . . . 28.24 . . . . . . . . 0.70Cipla . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 914.90. . . . . . . . . . 0.18. . . . . . . . . 28.53 . . . . . . . . 0.63Tech Mahindra. . . . . . . . . . . . . . . . . . . . .. . 1413.30. . . . . . . . . . 0.11. . . . . . . . . 26.74 . . . . . . . . 1.18SBI Life . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1101.75. . . . . . . . . . 0.08. . . . . . . . . 80.66 . . . . . . . . 0.65Tata Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1139.00. . . . . . . . . . 0.05. . . . . . . . . . . 3.56 . . . . . . . . 1.21Indian OilCorp . . . . . . . . . . . . . . . . . . . . .. . . . 117.15. . . . . . . . . . 0.03. . . . . . . . . . . 3.97 . . . . . . . . 0.40PowerGrid Corp . . . . . . . . . . . . . . . . . . .. . . . 198.05. . . . . . . . 0.08. . . . . . . . . . . 8.53 . . . . . . . . 0.91Dr Reddys Lab . . . . . . . . . . . . . . . . . . . . .. . 4200.95. . . . . . . . 0.49. . . . . . . . . 26.45 . . . . . . . . 0.68Tata Motors . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 477.00. . . . . . . . 0.51. . . . . . . . . . . 0.00 . . . . . . . . 1.15Eicher Motors . . . . . . . . . . . . . . . . . . . . . .. . 2706.65. . . . . . . . 0.60. . . . . . . . . 46.47 . . . . . . . . 0.51Bajaj Auto . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 3580.30. . . . . . . . 0.61. . . . . . . . . 16.73 . . . . . . . . 0.63M&M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 850.30. . . . . . . . 0.65. . . . . . . . . 16.83 . . . . . . . . 1.09Coal India . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 158.50. . . . . . . . 0.67. . . . . . . . . . . 6.40 . . . . . . . . 0.45UPL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 688.00. . . . . . . . 0.67. . . . . . . . . 12.94 . . . . . . . . 0.51Bajaj Finserv . . . . . . . . . . . . . . . . . . . . . . . .16133.60. . . . . . . . 0.77. . . . . . . . . 34.12 . . . . . . . . 1.31HDFC Life . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 569.05. . . . . . . . 0.79. . . . . . . 101.09 . . . . . . . . 0.71Axis Bank. . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 777.20. . . . . . . . 1.15. . . . . . . . . 18.74 . . . . . . . . 2.69Grasim Ind . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1669.80. . . . . . . . 1.23. . . . . . . . . 11.41 . . . . . . . . 0.84Divis Lab . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 4181.60. . . . . . . . 1.26. . . . . . . . . 43.23 . . . . . . . . 0.71Sun Pharma . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 840.25. . . . . . . . 1.37. . . . . . . . . 31.21 . . . . . . . . 1.22Nestle India Ltd. . . . . . . . . . . . . . . . . . .17926.65. . . . . . . . 1.50. . . . . . . . . 80.58 . . . . . . . . 0.86JSW Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 614.70. . . . . . . . 1.66. . . . . . . . . . . 6.82 . . . . . . . . 0.82Hero MotoCorp. . . . . . . . . . . . . . . . . . . .. . 2670.65. . . . . . . . 1.79. . . . . . . . . 20.57 . . . . . . . . 0.47Hind Unilever. . . . . . . . . . . . . . . . . . . . . . .. . 2260.40. . . . . . . . 1.95. . . . . . . . . 60.54 . . . . . . . . 2.71NTPC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 130.20. . . . . . . . 2.07. . . . . . . . . . . 7.69 . . . . . . . . 0.83ONGC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 160.75. . . . . . . . 3.51. . . . . . . . . . . 4.20 . . . . . . . . 0.79TCS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 3563.80. . . . . . . . 5.36. . . . . . . . . 34.90 . . . . . . . . 4.95L&T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1820.30. . . . . . . . 6.68. . . . . . . . . 25.32 . . . . . . . . 2.95HDFC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2437.05. . . . . . . . 6.99. . . . . . . . . 19.31 . . . . . . . . 5.91HDFC Bank . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1500.90. . . . . . . . 9.82. . . . . . . . . 23.03 . . . . . . . . 8.81ICICI Bank . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 744.60. . . . . . 10.64. . . . . . . . . 21.69 . . . . . . . . 6.93Reliance Ind. . . . . . . . . . . . . . . . . . . . . . . . .. . 2374.05. . . . . . 11.80. . . . . . . . . 24.77 . . . . . . 10.98
Pts: Impact on index movement
Nifty Next 50 Movers G 337.25 pts.Close(₹�) Pts PE Wt(%)
Adani Transmission . . . . . . . . . . . . .. . 2060.15. . . . . . . . 64.23. . . . . . . 180.50 . . . . . . . . 3.59Dlf. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 344.20. . . . . . . . 41.72. . . . . . . . . 54.19 . . . . . . . . 1.79Godrej Consumer . . . . . . . . . . . . . . . .. . . . 803.45. . . . . . . . 28.98. . . . . . . . . 46.00 . . . . . . . . 2.55Piramal Ent. . . . . . . . . . . . . . . . . . . . . . . . . .. . 2099.90. . . . . . . . 24.56. . . . . . . . . 37.46 . . . . . . . . 2.36Gail (India) . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 138.25. . . . . . . . 22.88. . . . . . . . . . . 5.40 . . . . . . . . 2.11Adani Enter. . . . . . . . . . . . . . . . . . . . . . . . . .. . 1688.70. . . . . . . . 19.61. . . . . . . 233.77 . . . . . . . . 3.90Bank Of Baroda . . . . . . . . . . . . . . . . . . .. . . . 107.75. . . . . . . . 18.34. . . . . . . . . 10.80 . . . . . . . . 1.68Bandhan Bank . . . . . . . . . . . . . . . . . . . . .. . . . 315.45. . . . . . . . 18.04. . . . . . . . . . . 0.00 . . . . . . . . 1.79United Spirits . . . . . . . . . . . . . . . . . . . . . .. . . . 856.70. . . . . . . . 18.01. . . . . . . . . 74.53 . . . . . . . . 2.14Biocon . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 395.45. . . . . . . . 17.73. . . . . . . . . 60.53 . . . . . . . . 1.56Pidilitind . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2415.60. . . . . . . . 17.03. . . . . . . . . 97.43 . . . . . . . . 3.09Gland Pharma . . . . . . . . . . . . . . . . . . . . .. . 3356.10. . . . . . . . 14.38. . . . . . . . . 46.49 . . . . . . . . 1.08Adani Green Energy . . . . . . . . . . . .. . 1987.35. . . . . . . . 14.21. . . . . . . 658.53 . . . . . . . . 4.54Avenuesuper . . . . . . . . . . . . . . . . . . . . . . .. . 4193.45. . . . . . . . 13.90. . . . . . . 183.60 . . . . . . . . 3.96Apollo Hosp . . . . . . . . . . . . . . . . . . . . . . . . .. . 4610.80. . . . . . . . 11.88. . . . . . . . . 56.12 . . . . . . . . 3.90Pi Industries . . . . . . . . . . . . . . . . . . . . . . .. . 2534.60. . . . . . . . 10.84. . . . . . . . . 46.94 . . . . . . . . 1.71Nmdc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 142.75. . . . . . . . 10.48. . . . . . . . . . . 4.02 . . . . . . . . 1.37Vedanta . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 352.20. . . . . . . . . . 9.28. . . . . . . . . . . 5.44 . . . . . . . . 3.85Jubilant Foodworks . . . . . . . . . . . . .. . 3029.20. . . . . . . . . . 9.09. . . . . . . . . 93.53 . . . . . . . . 1.95Yes Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 13.85. . . . . . . . . . 8.20. . . . . . . . . . . 0.00 . . . . . . . . 1.12Sail . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 94.90. . . . . . . . . . 8.10. . . . . . . . . . . 2.96 . . . . . . . . 1.15Sbi Cards And Pay Srv . . . . . . . .. . . . 797.80. . . . . . . . . . 6.55. . . . . . . . . 62.15 . . . . . . . . 1.77Torrent Pharma . . . . . . . . . . . . . . . . . . .. . 2738.15. . . . . . . . . . 6.29. . . . . . . . . 38.01 . . . . . . . . 1.13Proc & Gam . . . . . . . . . . . . . . . . . . . . . . . . .15658.25. . . . . . . . . . 5.48. . . . . . . . . 87.99 . . . . . . . . 0.94Cadila Health. . . . . . . . . . . . . . . . . . . . . . .. . . . 371.70. . . . . . . . . . 4.56. . . . . . . . . 15.98 . . . . . . . . 0.80Colgate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1432.25. . . . . . . . . . 4.28. . . . . . . . . 36.43 . . . . . . . . 1.60Bajaj Holdings . . . . . . . . . . . . . . . . . . . . .. . 5227.65. . . . . . . . . . 3.72. . . . . . . . . 14.66 . . . . . . . . 1.66Icici Lombard Gic . . . . . . . . . . . . . . . . .. . 1279.90. . . . . . . . . . 3.60. . . . . . . . . 49.80 . . . . . . . . 2.74Lupin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 756.00. . . . . . . . . . 3.11. . . . . . . . . . . 0.00 . . . . . . . . 1.53Berger Paints India . . . . . . . . . . . . .. . . . 730.25. . . . . . . . . . 2.64. . . . . . . . . 86.37 . . . . . . . . 1.49Punjab Natl Bank . . . . . . . . . . . . . . . . .. . . . . 37.35. . . . . . . . . . 1.51. . . . . . . . . . . 9.62 . . . . . . . . 0.93Indraprastha Gas . . . . . . . . . . . . . . . .. . . . 361.10. . . . . . . . . . 0.83. . . . . . . . . 17.48 . . . . . . . . 1.06Hdfc Asset Mgmt Cmp .. . . . . . .. . 2182.95. . . . . . . . . . 0.28. . . . . . . . . 34.08 . . . . . . . . 1.21Aurobindo Pharma . . . . . . . . . . . . . .. . . . 637.05. . . . . . . . 0.48. . . . . . . . . 13.00 . . . . . . . . 1.50Bosch . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15951.40. . . . . . . . 0.54. . . . . . . . . 34.84 . . . . . . . . 1.15Indus Towers .. . . . . . . . . . . . . . . . . . . . . .. . . . 251.65. . . . . . . . 1.10. . . . . . . . . 11.48 . . . . . . . . 1.71Muthoot Finance . . . . . . . . . . . . . . . .. . 1344.00. . . . . . . . 1.66. . . . . . . . . 13.32 . . . . . . . . 1.22Havells. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1201.25. . . . . . . . 1.87. . . . . . . . . 65.55 . . . . . . . . 2.53Hpcl . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 289.60. . . . . . . . 3.04. . . . . . . . . . . 4.93 . . . . . . . . 1.55Siemens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2396.50. . . . . . . . 3.14. . . . . . . . . 82.60 . . . . . . . . 1.79Acc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2151.30. . . . . . . . 4.05. . . . . . . . . 21.68 . . . . . . . . 1.53Jindal Steel . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 403.00. . . . . . . . 4.78. . . . . . . . . . . 4.77 . . . . . . . . 1.38IPrulife . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 500.75. . . . . . . . 5.73. . . . . . . 113.37 . . . . . . . . 1.63Marico . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 501.00. . . . . . . . 7.64. . . . . . . . . 52.85 . . . . . . . . 2.18Intglobeavi . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2039.40. . . . . . . . 8.72. . . . . . . . . . . 0.00 . . . . . . . . 1.65CholamandalamInvest&Fin .. . . . 684.30. . . . . . . . 9.77. . . . . . . . . 32.81 . . . . . . . . 2.26Larsen & Toubro Info . . . . . . . . . .. . 5911.80. . . . . . 12.26. . . . . . . . . 46.94 . . . . . . . . 2.26Info Edge (India) .. . . . . . . . . . . . . . . .. . 4411.80. . . . . . 12.86. . . . . . . . . . . 4.56 . . . . . . . . 2.86Dabur India. . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 543.25. . . . . . 13.47. . . . . . . . . 52.62 . . . . . . . . 2.66Ambuja Cements . . . . . . . . . . . . . . . . .. . . . 330.95. . . . . . 15.97. . . . . . . . . 17.71 . . . . . . . . 2.04
Pts: Impact on index movement
OUR BUREAU
Mumbai, February 23
Benchmark indices closed in thered for the sixth consecutive sessionon Wednesday amid high volatility.
Market bounced back during themorning trade, as investors closelywatched the RussiaUkraine crisis.However, late hourselling draggedthe benchmarks even aslarger markets managed to sustain the gains.
Indices close near day’s lowAfter hitting a high of 57,733.37 during intraday, the BSE Sensex closedat 57,232.06, down 68.62 points or0.12 per cent. The Nifty 50 closed at17,063.25, down 28.95 points or 0.17per cent, near the day’s low of17,027.85.
Nifty Midcap 50 was up 0.33 percent while Nifty Smallcap 50 was up0.72 per cent. The S&P BSE Midcap
was up 0.60 per cent while the S&PBSE Smallcap was up 0.93 per cent.
The volatility index softened 7.95per cent to 24.54.
Breadth turns positiveThe market breadth turned positivefor the fi�rst time after four days with2,197 stocks advancing on the BSE asagainst 1,167 stocks that declined.
Vinod Nair, Head of Research atGeojit Financial Services said, “Asglobal markets turned positive, domestic indices opened the day on apositive note, however, witnessedhigh volatility and succumbed toselling pressure to close the day infavour of bears.” “The impact of geopolitical uncertainties and soaringfuel costs will continue to keep markets across the globe highly volatile,” said Nair.
On the sectoral front, all indice except auto, fi�nancial services, IT andoil & gas closed in the green with Realty, PSU Bank and Consumer Durables recording the highest gains.
Sensex, Nifty surrender all gains to close marginally lower But mid, small-capindices end in green
................BM-BMECMYK
MUMBAI
BusinessLineTHURSDAY • FEBRUARY 24 • 2022 7TECHNOPHILETECHNOPHILE
To mark Black History Month,Apple released a new watch
band, the Unity Solo Loop, and awatch face, Unity Lights. Part ofthe enjoyment of using an AppleWatch in fact is the huge numberof bands available and the easewith which a watch band can beswapped. All that has to be doneis to press a release button on theside of the watch body and theband can be slipped in or out.
Although Apple original watchbands tend to be expensive, userstypically do collect a few. TheUnity band and watch face makea statement of the need for anequitable world. Apple launcheda special edition Apple WatchBlack Unity Braided Solo Loopand matching Unity Lightswatch face inspired by Afrofuturism, a philosophy that exploresthe Black experience through anarrative of science, technology,and selfempowerment.
The Unity Lights face has beendesigned us
ing 2D raytracing,whichApple
says is atechnologynever be
fore implemented for awatch face.Each pixel onthe screensimulates thelight andshadow fall
ing across it andthe movement of the clock handssimultaneously reveal and hidethe light, changing dynamicallythroughout the day.
Unity face can be customisedto be a full screen or circular dial,and includes a black and whiteoption, tick marks, up to fourcomplications, and a monogram.
If you own an Apple Watch, allyou need to do is head to the companion app and add the watchface to your collection.
SNIPPET
Apple’s UnityLights go on
MALA BHARGAVA
In my household, there’sbeen a daily almightysquabble these days over theright to use a certain clean
ing machine. We’re used to Dysonvacuum cleaners and one of thesehas been my best friend throughthe pandemic, but the new V12 Detect Slim brings something special — and everyone wants to useit.
Dyson’s handheld vacuumcleaners typically come with onemain powerful suction machine,and a big collection of attachments that just snapon in one smooth action. Everything onthe machine — fi�lters, bin, tools — areusercleanable.
In this case thebattery is swappableas well. You just haveto press a button torelease one and putit away for charging, and snap inthe second. This ease of use andmaintenance combines with thefact that you can wallmount themachine and have it alwayshandy, makes using the V12 reallyworthwhile. It does cost ₹�55,900,so one does have to consider carefully.
I’ve found that it causes cleanliness to build up and maintain because when you see a bit of dirtthat annoys you, you swipe itaway with the machine with littleeff�ort. The V12 Detect Slim is alsovery light, adding another element of ease.
All lit up: From the collectionof attachments you get in the box,one motorised tool called thefl�uff�y cleaner head has a greenbutton on top. Turn that on, andas you press the power button onthe machine, a green light fl�oods
the front of the tool. With that,each particle of dirt, large orsmall, stands out as if it’s lit upfrom the inside. Even fi�ne dust isvisible. In fact, the very point isthat particles not usually visibleto the naked eye can be seen insharp relief. This makes it possible for you to reach into placesexactly where there’s dirt, and vacuum it away.
You can then seejust how clean thatplace has been left.The attachment hasa low profi�le so itcan reach underthings. The neck isalso articulate soyou can move it indiff�erent angles.That gives a major
sense of satisfaction over a jobwell done and is the core reasonwe fi�ght over the machine in myhouse. Dyson says 99.9 per cent ofdust can be picked up.
There are a numberof other interesting attachmentswith specifi�c purposes that includecleaning dust off� delicate surfaces like keyboards, reaching into tightcorners, etc. But sadly, only thefl�uff�y head has the useful laserlight. Another interesting tool,diff�erent from previous gen models, is the anti tangle conicalbrush. Also a motorised tool, thisallows long hair and pet hair todeliberately loop inside, so that itcan be removed easily.
Info display: The base of themain machine that faces the user
has an LCD display that gives different types of information, chiefamong them being the mode;Éco, Medium or Boost. You canpress the button under the display to select. The battery life remaining with each mode isshown. For the fl�uff�y head tool,there’s a piezo sensor that detectsthe amount and type of debris tobe cleaned up and signals the motor to rev up or slow down accordingly, changing the suctionpower. You can see what’s happening on the display and alsohear the change as you go aboutcleaning. This clever bit of techmeans you don’t have to bother tokeep adjusting the 150AW suctionlevel. Other information such asfeedback if something is stuckand preventing proper functioning or the need to empty a bin etcis also shown. You get up to 60
mins of battery power,but of course, thatkeeps changing de
pending on the modeyou’re using. If youprefer doing longcleaning sessions, buy
ing an extra battery may be agood idea. It can be easilyswapped with the press of a button. The charge time is long andcan be up to four hours.
Cleaning the V12 Detect Slim iseasy enough. The bin has a leverthat drops the component downand opens its door to spill thedebris into a dustbin. You can alsorelease the entire bin and wash it.Filers are washable. Tools can beopened and cleaned on the inside, making this a machine youcan maintain on your own.
REVIEW
Dyson V12 Detect Slim: Deep cleaning redefinedA laser lights each
little particle so you
can vacuum it away
into oblivion
MALA BHARGAVA
An unusual orangephone dressed in vegan leather arrived ina large box a few days
ago. It’s so refreshing to see a different looking device, that Icouldn’t help but sit up in interest. The Infi�nix Zero 5G costs₹�19,999 and looks great for theprice. It also has some featuresyou typically get only on moreexpensive phones.
Let’s dive into that box. Thefi�rst that that catches your eye isthe phone and its citrus orangeback. It could have looked reallycheap in another material, butit happens to be in ‘veganleather’ which both looks andfeels great. It does have thatleather texture and so is neitherslippery nor a magnet forsmudges. How sturdy it will bein the long term onlytime will tell. Thecameras have been‘unbumped’ in astyle that’s becoming popularthis year. Just asoft undulationleads to the lenscircles.
Other items inthe package include a33W charger and a cable, atransparent back cover in caseyou want to keep that phonepristine, and the usual bits.Somehow the box makes a statement because of the way it’s designed.
Big display: The other colourvariant of the Zero 5G is a glossyblack, for those who want tokeep it subtle for their own reasons. This is a large phone with a
6.78inch LTPS display. But it’s miraculously slim for somethingthat has a 5,000mAh battery. It’snot a onehanded phone, but it’snot tiring to hold.
The display is usable but a littledull as it’s a nonAMOLED. Set it todark mode and you can come toterms with it fast enough. Brightness peaks at 500 nits, which ismore than many at this price.There’s no notch thankfully but apunch hole that is quite prominent. The screen has a 120Hz refresh rate and it makes a big difference to how fl�uid the phonefeels. Touch sampling is 240Hz.
You can also set the touchto be more (or less) re
sponsive. The display does have itslimitations including noWidevine L1 certifi�cation support
though it doessupport HDR10
content. There arealso no stereo speakers
and the one speaker you doget is loud but sharp.
Looking around the edges ofthis phone one will fi�nd a headphone jack. The power button istotally fl�ush with the body andperhaps should have stuck out alittle to be immediately fi�ndablebecause it houses the fi�ngerprintsensor. The SIM tray supportsdual SIM plus a memory card.
Targeting gamers; The chief
prized feature on this phone isthe chipset it runs on: MediaTek’sDimensity 900, chosen withgamers in mind. It comes with8GB LPDDR5 RAM (with 3GB expandable) and 128GB of UFS 3.1storage — specs that you wouldfi�nd on a more expensive phoneand not so often on budget ones.If you use this device you’ll be impressed at how smooth and lagfree aff�ordable phones are nowbecoming. Benchmark scoresbear that out as well. Note thatit’s a 5G phone and it supportssome 13 bands. Not long ago,companies were charging a bigpremium for that.
What ruins the fun on the Zerois its software which is unpolished and has a general lack ofappeal. On top of Android 11 Infi�nix runs its XOS interface. Thereare a ton of native apps you willnot particularly want.
The main camera has a 48MPSamsung sensor. There’s a 13MPportrait camera, a 2MP depthcamera and no ultrawide whichis unfortunate. The selfi�e camerais a 16MP. The cameras are adequate but don’t buy this devicefor its photography capabilities.
For its price, this phone has anice design, is a great performerand comes with many featuresthat are rare in this category. Software lets it down somewhat asdo the absence of stereo speakers. Cameras are middling. Overall, a strong contender.
REVIEW
Infinix Zero 5G has several aces up its sleeve For ₹�19,999, this
gamingcentric
phone offers some
topend features
with a few misses
NEWS
OUR BUREAU
Chennai, February 23
Sify Technologies, a leadingICT service & solution provider, on Wednesday announced that it has enteredinto power purchase agreements (PPAs) with Vibrant Energy Holdings for 231 megawatt (MW) of solar and windenergy capacity to power Sify’slatest hyperscale data centers.
Hyderabadbased VibrantEnergy is a majorityownedsubsidiary of Blueleaf Energy,a portfolio company owned bySydneybased Macquarie’sGreen Investment Group, operating on a standalone basis.
The 231 MW renewable energy capacity will be built at atotal cost of ₹�1,250 crore, funded through a combination ofdebt and equity in 2: 1 ratio.Under a captive power pur
chase model, Sify Technologies will take 26 per centequity stake in the projectwhile Vibrant Energy will beresponsible for the design,construction and operationsof the facility.
Currently, Sify Technologieshas 11 data centres consumingmore than 80MW of power insix cities — Mumbai,Bengaluru, Chennai, Noida,Hyderabad and Kolkata. The231 MW capacity is to powerone of its three data centres inMumbai, of which 67MW solarPPA, signed in March 2021, wasrecently commissioned.
“There is an intensifyingnarrative about adoptinggreen energy. With the constantly expanding need forworldclass data center facilities to meet the burgeoningdatacentric transformation
of Indian businesses, we believe that investing in cleanenergy sources to fuel thistransformation is a social imperative,” said Raju Vegesna,Chairman, Sify, addressing avirtual press conference.
Green field projectMP Vijay Kumar, CFO, Sify, saidthe company is on track to add200 MW of IT capacity of datacentres in the next four years.“We are looking at setting up agreen fi�eld project in Hyderabad, which is a large capacity.We have completed the land
acquisition. We are evaluatingthe renewable energy plansfor the upcoming facility andlooking at costbenefi�t analysis as well as the regulatoryenvironment,” he added.
Kumar further said conversion of all existing datacentres to renewable energysources will depend on regulatory mechanisms of Statesand benefi�ts that will accrue.
Srini Viswanathan, CEO, Vibrant Energy, said, with intense global push towards renewable energy, largeamounts of investments aregoing to fl�ow into the greendata centre market. “According to estimates, there is goingto be an additional $76 billionof investment fl�owing intogreen data centre market inthe next fi�ve years,”Viswanathan, said, adding, “Ofthe $33 billion Asia Pacifi�c datacentre market, India is goingto be one of the fastest growthmarket in the segment.”
Enters into purchase agreement with
Vibrant Energy for Mumbai centre
Raju Vegesna, Chairman,
Sify Technologies
Sify Technologies to invest in over 200MWof green energy to power its data centres
ABHISHEK LAW
New Delhi, February 23
Omicron has not had much ofan impact on revenues in January and they continue to be atDecember levels. The pipelinefor February also looks strong,says Rituraj Sinha, Group Managing Director, SIS India
SIS India is the largest security services and facility management fi�rm and the secondlargest cash logistics fi�rm afterCMS Info Systems.
According to him, revenueshave not contracted and thecompany is “on course towards strong double digitnumbers” in FY22. The company was recently awarded atwoyearcontract, valued at₹�225 crore, to provide securitysolutions at 18 sites of Mahanadi Coalfi�elds.
“There has not been much ofan impact of Omicron on revenues or the existing con
tracts. In fact, we have beenable to initiate hikes too at thetime of renewal which indicate that the economy is doingwell,” he told BusinessLine. Thecompany is run rating at₹�10,000 crore of revenues.
Organic growth“We have acquired companiesin the past and we continue tolook at opportunities, but inthe last two years, we havebeen preoccupied in settlingthe transactions that were halfclosed,” Sinha said.
According to him, SIS willlook at inorganic growththrough acquistions, predominantly focusing on India. Thecompany would wait for sometime before it makes a move.
“We will also be looking attransactions which are veryvalue attractive . I am surethere will be a period wherepeople who have attempted an
IPO and they cannot do so, willdefi�nitely be on the block andthat is when we hope to make a
move,” said Sinha. The cash logistics business also has headroom for growth, both organically and inorganically. Thevertical saw a 15 per cent revenue growth yoy; while margins were at 12.4 per cent.
SIS’s cash logistics businessis a JV with Prosegur.
The company, Sinha said, istargeting a ₹�1,000croreturnover from the segment byFY25.
SIS India chief says company looking at
inorganic growth through acquisitions
‘Omicron didn’t hit revenues, existing contracts’
Rituraj Sinha, Group MD, SIS Ltd
OUR BUREAU
Mumbai, February 23
The Indian traditional PCmarket, inclusive of desktops,notebooks, and workstationsdelivered a strong year with arecord shipment of 14.8 million units, a growth of 44.5per cent yoy in CY2021, according to new data from theInternational Data Corporation (IDC) worldwidequarterly personal computing device tracker.
The notebook category wasthe volume driver with shipments reaching 11.6 millionunits. Further, a sharp recovery in the desktop categoryalso contributed to thegrowth. The category recovered with a 30 per cent yoy growth owing to strongdemand from enterprises,SMB, and consumersegments.
The market was upbeat asthe vendors collectively
shipped more than four million PCs in Q4 CY2021.
The commercial segmentwitnessed a sharp growth of81.4 per cent in Q4 while theconsumer segment witnesseda more subdued growth asvendors focused on inventorycorrection following a verystrong Q3.
Top fiveHP Inc. continued to lead theoverall PC market with a shareof 31.5 per cent in CY2021, as itsshipments grew by 58.7 percent yoy. HP had its biggestquarter ever by shippingmore than 1.3 million units.
“Strong demand coupledwith consistent supplieshelped the brand in managing substantial growth inboth segments,” the reportsaid.
Dell Technologies took thesecond spot with a 23.6 percent share and 47 per centgrowth. While it was a closesecond to HP in the commercial segment, it managed tosurpass Lenovo but was a distant second in the consumersegment. It also led the enterprise segment with a share of38 per cent.
Lenovo came in third andwas followed by Acer Groupwhich retained the fourth position with an 8.2 per centmarket share.
“As the desktop categorymade a comeback of sorts in2021, Acer was one of the mainbenefi�ciaries due to its established commercial desktopbusiness,” the report said.
India PC shipments grew 44.5% in 2021: IDC
SHOBHA ROY
Kolkata, February 23
Potato prices are likely to rulehigher this year compared withlast year on an anticipated dropin production in West Bengal,the secondlargest producer ofthe spud in the country.
The tuber’s production islikely to be lower by around 20per cent at close to 8.59 milliontonnes (mt) this year due todelayed sowing on the back ofuntimely rains. Last year, theState harvested a bumper crop,nearly a 16 per cent rise in production at 11 mt lcompared with9.5 mt lin 2020.
Psychological impactAccording to Tushar KantiGhosh, President of West BengalCold Storage Association, thewholesale price of early varietypotatoes (Pokraj) has surged by140 per cent to ₹�1,200 a quintalcurrently from ₹�500550 aquintal same time last year.
The impact of the crop in
Bengal will likely refl�ect inpotato prices across the country,said Ashish Guru, Senior VicePresident, Federation of ColdStorage Associations of India.“There will be at least some psychological impact of the development,” he said.
At the Agra agricultural produce marketing committee(APMC) yard, one of the largestmarkets for the spud, priceswere ₹�780800 a quintal, up₹�200 over the same period ayear ago. As of February 23, arrivals in Uttar Pradesh arepegged at 59,396 tonnes fromJanuary 1 compared with 77,421tonnes during the yearagoperiod.
In Bengal, the loading price ofpotatoes in cold storage has increased by 60 per cent to ₹�1516 akg this year against ₹�810 a kg inthe yearago period. This wouldtypically mean that the tubercould fetch anywhere between₹�25 and ₹�26 a kg in the wholesale market when the stocks are
released from the cold storageduring AprilMay. Potatoesfreshly cultivated from the farmare usually consumed for thefi�rst 34 months of a year, postwhich the stored potatoes startmaking their way into themarket.
“We experienced untimelyrains during the sowing periodwhich led to rotting of somecrop. Though recultivation wasdone on some parcels of land,however, it may not prove to begood enough to off�set the cropthat we lost. So, we expect alower production this year,”Ghosh told BusinessLine afterthe annual general meeting ofthe association on Wednesday.
Bengal witnessed untimelyrains in November and earlyDecember that aff�ected the sowing of the crop. Nearly 5560 percent of sowing was complete(when Cyclone Jawad hit) in thekey growing regions ofHooghly, Midnapore, Bankuraand Burdwan.
The untimely rains, whichhad left the fi�elds inundated, arenot only likely to impact production but also the quality of
new crop. The early varietytuber, which usually starts arriving by the end of Decemberearly January, started cominginto the market only by end ofJanuary.
Cultivation of potatoes inBengal is spread over close to 4.6lakh hectares of land. Hooghly,Burdwan, Bankura, East Midnapore and West Midnapore arekey growing districts.
Guru said the crop shortagein Bengal would weigh on thesupply chain in view of the importance of the eastern State inproduction. A fi�nal picture onthe crop would be availableafter production is assessedlater this week by associationsacross the country, he said.
Loading to be lowerCold storages are likely to beloaded only up to 80 per cent oftheir capacity this year due tothe lower crop against around9597 per centlast year. There arearound 400 cold storages inBengal and the total storage capacity is estimated to be close toseven mt.
According to Patit Paban De,member, West Bengal Cold Storage Association, production insome of the other key growingregions, including Uttar Pradesh and Punjab, is good thisyear and prices are also comparatively lower than Bengal Agood quantity of potatoes fromsome of these markets has beenmaking inroads into the Bengalmarket. This may have a “suppressing” impact on prices.
“The price at which potatoeshave started loading into coldstorages is quite high this year.Now whether it goes higher orcontinues to remain at theselevels is something that we canunderstand only when a clearerpicture of actual crop emerges.However, we expect prices to remain fi�rm as of now,” he said.
With inputs from
Subramani Ra Mancombu
Heavy Nov-Dec rains affect output; priceof spud’s Pokraj variety surges 140%
At the Agra APMC yard, one of the largest markets for the spud, prices were ₹�780800 a quintal,
up ₹�200 over the same period a year ago PTI
Potato prices likely to gainas weather hits Bengal crop
................BM-BMECMYK
MUMBAI
8 BusinessLine THURSDAY • FEBRUARY 24 • 2022COMMODITIES/AGRI-BUSINESS
OUR BUREAU
Hyderabad, February 23
The Walmart Foundationhas announced a grant ofover ₹�4 crore to the International Crops Research Institute for the SemiArid Tropics (Icrisat) to help farmersin six States to manage supply chains aff�ected by theCovid pandemic.
The grant will help theHyderabadbased agricultural research institute andits partner organisations inassisting farmers.
“Ahead of the postharvest period in India, thegrant will help farmers mitigate disruptions in postproduction supply chainwhile gaining access to themarket,” the WalmartFoundation said in astatement.
“It will also help fulfi�ltheir fi�nancial requirements to procure key inputs like seeds and key farmequipment by strengthen
ing the operations andreach of Farmer ProducerOrganisations (FPOs),” itsaid.
Icrisat will work witheight other organisations,including Professional Assistance for DevelopmentAction (Pradan), TrickleUp,Grameen Foundation Indiaand Digital Green India toscale up their eff�orts on the
ground. “To grow the smallscale farming communitiesin India, we are expandingour focus on digital access,business practices, logistical support and highquality inputs,” KathleenMcLaughlin, president ofthe Walmart Foundationand Executive VicePresident and Chief SustainabilityOffi�cer of Walmart Inc.,said.
Impact“This grant from the Walmart Foundation will impact more than 24,000farmers across Andhra Pradesh, West Bengal, Odisha,Jharkhand, Telangana andUttar Pradesh,” JacquelineHughes, Director General,Icrisat, said.
In 2018, the foundationprovided a $2million grantto Icrisat to help create animproved business modelthat will help enhancefarmers’ livelihoods.
₹�4crore Walmart Foundationgrant for farmers in 6 States
WXThe grant will help
Icrisat and its partner
organisations in
assisting more than
24,000 farmers
V SAJEEV KUMAR
Kochi, February 23
Tea movement from warehouses after auctions arecompleted at the Kochi teaauction centre has resumedfollowing the withdrawal ofstrike by a section of tradeunions, demanding wage revision.
A conciliatory meetingheld by the Kerala HeadLoad Workers’ Welfare Boarddecided to provide a 10 percent hike in loading chargesfor workers against the demand of 15 per cent made bythe Cochin ThuramughaThozhilali Union (CTTU),one of the prominent tradeunions in WillingdonIsland.
Major reliefOffi�cials at the Tea Buyers’Association of Cochin saidthe withdrawal of strike hascome as a major relief, forboth, tea exporters and localbuyers, as around 50 lakh kg
of tea consignments hadpiled up in Willingdon Island warehouses. CTTU wason strike during the pastweek, bringing dispatch to ahalt and thereby putting exporters in a precarious position in meeting their exportcommitments at the fagendof the fi�nancial year.
Hike in loading charges“The labour issue has beensettled by agreeing to a 10per cent hike with eff�ect
from January 1, 2022, toDecember 31, 2023. However,current wages are muchhigher than anywhere elseand the trade is not in a position to extend any increasein wages especially duringCovid times when there is asubdued demand for tea,” aleading buyer at the Kochiauctions said.
At present, the trade isgiving ₹�15.5 per kg as loading charges in Willingdon,while the rate at the neighbouring Mattanchery is₹�8.75, he said. The management of the Cochin PortTrust was also against implementing any wage hike atthis juncture, especiallywhen there is a signifi�cantdrop in cargo handling.
The port wanted to maintain the existing wages to remain competitive amongthe neighbouring ports andwas believed that any hikeat this stage would makecargo handling unviable.
The withdrawal of strike has
come as a major relief, for both
tea exporters and local buyers
Tea movement resumes in Kochiafter trade union calls off strike
SUBRAMANI RA MANCOMBU
Chennai, February 23
Global crude steel production has declined by 6.1 per inJanuary compared with theoutput in January 2021. It wasalso lower by 2.4 per centcompared with December2021 fi�gures.
According to World SteelAssociation (worldsteel)data, global steel productionis estimated at 155 milliontonnes (mt) compared with162.9 mt in January last yearand 158.7 in December 2021.
China, yet again, draggedoutput as its productiondropped 11.1 per cent compared with the yearagoperiod. It was also lower thanthe monthago period. As perthe association data, China isprojected to have produced81.7 mt against 90.2 mt in the
yearago period and 86.2 mtin the monthago period.
Chinese steel productiondropped for the seventh consecutive month in Januaryand the concern is that theoutput decline was higherthan in December when itlooked to be recovering. In2021, China produced 1,032.8mt of crude steel, 3 per centlower than the 2020 output.
India stays positiveBack home, steel productioncontinued to be on the positive side with the outputrising by 4.7 per cent to 10.8mt.
It was also higher monthonmonth. In January 2021,the production was 10 mtand in December, it was 10.4mt.
Last year, India’s steel production was 118.1 mt, up 17.8per cent over 2020. It alsoemerged as the secondlargest global steel producer.
Among other nations, theoutput in Japan, the thirdlargest producer in 2021,dropped 2.1 per cent yoy to7.8 mt in January, while theproduction in the US, thefourthlargest steelmakerlast year, was up 4.2 per centat 7.4 mt.
China registers
negative growth
for the 7th month;
Indian output
up 4.7 per cent
World Steel Association data estimates global steel production at
155 mt compared with 162.9 mt in January last year REUTERS
Global steel output down 6.1% in Jan
OUR BUREAU
Pune, February 23
The West Indian Sugar MillsAssociation (WISMA) has saidthe new fair and remunerative price (FRP) announced bythe Maharashtra governmenton Monday will benefi�t farmers, who will get the paymentas per the recovery rate of thecurrent crushing season.
In a statement, WISMA president BB Thombare said: “Asof now, the FRP was decidedconsidering the last season’srecovery rate, cane cuttingand transportation expenditures. This was wrong practiceas farmers must get the FRP
for the ongoing season basedon the current recovery rate.”
Thombare said there is nocorrelation between lastyear’s recovery rate and thecurrent year’s FRP. “Now, oncethe sugarcane comes to thefactory for crushing, farmerswill get basic FRP within 14days. This will be based on therecovery rate fi�xed by the government. After the sugar season ends, farmers will get thepremium based on the fi�nalrecovery rate,” he said.
Thombare claimed that theState government has notsplit the FRP and also there isno reduction in the FRP rate.
‘Maharashtra cane growerswill gain from new FRP order’
After the sugar season ends, farmers will get the premium based
on the fi�nal recovery rate, says WISMA president Thombare
OUR BUREAU
Ahmedabad, February 23
The Gujarat government onWednesday informed that it willrequest the Centre to increasethe procurement of gram(chana) from the State followingan anticipated bumper crop inthe growing region. At Tuesday’sCabinet meet, it was decided toapproach the Centre to supportadditional procurement ofchana during the currentseason.
Government spokespersonand minister Jitu Vaghani saidthe State has already started procurement process under theminimum support price programme for cotton, mustard,castorseed, chana and otherpulses.
“Chana farmers need notworry; the State is making the required arrangements,” he said.
The State’s second advance estimates for 202122 projectedchana output at 24.90 lakhtonnes.
Gujarat to requestCentre foradditional chanaprocurement
VISHWANATH KULKARNI
Bengaluru, February 23
Coff�ee exporters are on tenterhooks over tensions betweenRussia and Ukraine. Russia is thefourthlargest buyer of Indiancoff�ee, and the largest buyer ofIndian soluble or instant coff�ee,accounting for about 15 per centof the exports.
Ukraine, too, ranks amongthe top 15 buyers.
No shipments“Russia and Ukraine are very important markets for Indian soluble coff�ee. There’s hesitation asfar as order booking is concerned from both buyers andsellers. The situation is beingkeenly watched as nobodyknows what’s going to happen.It is more of a waitforthetimebeing attitude adopted by theconcerned exporters,” said
Ramesh Rajah, President, Coff�eeExporters’ Association.
According to Coff�ee Boarddata, Russia imported around16,510 tonnes of Indian coff�ee,accounting for a little over 5 percent of the total shipments in2020. Of this, the instant coff�eeshipments stood at 14,009tonnes.
Similarly, Ukraine importedaround 6,214 tonnes, of whichinstant coff�ee was 3,705 tonnes.
On the impact on exports, Rajah said, “We have not heard ofany shipments taking place.” Hesaid it was not clear whether theshipments were impacted dueto the container shortage or thepolitical instability in the region. Sources said the emerging
geopolitical developments posea concern to the Indian exporters.
Keeping a close watch“We have to observe the developments over the next few days,”an industry source said. Indiaexports about twothirds of thecoff�ee it produces. Instant coff�eemakers import cheaper robustabeans from countries such as Vietnam to reexport them as soluble coff�ee. In calendar 2021, India’s coff�ee exports stood at 3.96lakh tonnes compared to 3.05lakh tonnes the previous year.
Of this, instant coff�ee shipments were estimated at 1.22lakh tonnes against 98,975 lakhtonnes in the previous year.
As per provisional fi�gures ofthe Coff�ee Board, in the currentcalendar year, coff�ee shipmentswere higher at 60,365 tonnes asof February 22, against 43,323tonnes in the yearago period.
Instant coff�ee shipmentswere 17,672 tonnes comparedwith 16,170 tonnes.
Coffee exporters turn jittery Both countries are
large buyers of
Indian instant coffee
PRABHUDUTTA MISHRA
New Delhi, February 23
Faced with frequent changes inonion exportimport policy andprice spiral even during marginalproduction shortfall, the Centrehas been working on a plan topermanently become a surpluscountry in this edible bulb. It hasbegun to expand the area in “nontraditional” growing States. Success of this plan will keep domestic prices stable throughoutthe year, offi�cials said.
The cultivation of onion wasmainly confi�ned to Maharashtra,Karnataka and Rajasthan, whichwere catering to the entire demand of the country as mostother States are defi�cit. There hasbeen a signifi�cant increase in areain Madhya Pradesh, nearly 50 percent to 173.89 lakh hectares in justfour years (between 2016 and2019), an Agriculture Ministry offi�cial said.
“Soon, there will be consistentsupply of onion throughout theyear. It was realised that depend
ing on one particular geographical area has certain risk as it hasbeen found that any small damage to the crop can have a big impact in pushing up prices,” saidAK Singh, deputy director general(horticulture) of Indian Councilof Agricultural Research (ICAR).
Crop diversificationSingh said when the idea to growonion was spread among farmersin Mirzapur district of Uttar Pradesh two years ago, they wereready to shift from from paddyand many farmers are happy thattheir income has gone up compared to previous years after thecrop diversifi�cation. “Now we are
planning to encourage farmersin Ladakh to grow onion on acommercial scale,” Singh said.
However, there is varietal challenge for onion in Ladakh as currently farmers in that regiongrow longduration varieties,during AprilOctober which mature in six months, whereas in theplains it is fourmonth crops, saidan agriculture scientist. Besides,the shelf life of crop in high altitude needs to be enhanced fromthe current one month, he saidadding trials are being conducted and there should be at leastthree years of consistent productivity.
In India, onion is grown in
three seasons – earlykharif (FebruaryApril in southern region,MayJune in Maharashtra), latekharif (AugustSeptember) andrabi (OctoberNovember). Thecrop is suitable to be cultivated in1324 degree Celsius temperature.
Self sufficiencyOffi�cials said like the self suffi�ciency made in sugarcane, as India was earlier facing shortage inevery fourth year, there is also aneed to focus on onion. Thoughsome experts have suggested forvalue addition like manufacturing onion fl�akes or powder, theconsumer preference is currentlyfor fresh onion and there has tobe assured supply, the ministryoffi�cial said.
The Centre had banned exportin September 2020 and lifted inJanuary 2021 as part of variousmeasures to check price rise. Ithad also imposed stock limit under the Essential CommoditiesAct in October 2020. In September 2019, too, export was bannedfor about six months. During202122 (AprilDecember), Indiahas exported 11.74 lakh tonnes (lt)of onions and imported 26,870tonnes whereas exports were15.89 lt and import 66,351 tonnesin 202021, offi�cial data show.
Crop area up 50% in
M.P. during 2016-19;
move also to avoid
ban on exports
Centre expands onion cultivation tonon-traditional areas to check price rise
REUTERS
London, February 23
Crude oil prices fell on Wednesday, retreating from the sevenyear highs hit the previous dayas it became clear that the fi�rstwave of sanctions on Russiawere unlikely to disruptsupplies.
Brent crude was down 0.6 percent to 96.25 $/bbl, after hitting99.50 on Tuesday. WTI crude futures, too, fell 76 cents to 91.15$/bbl after reaching $96 on Tuesday. Sanctions imposed by theUS, the EU, Britain, Australia,Canada and Japan were focussed on Russian banks andelites while Germany halted amajor gas pipeline project.However, analysts expect pricesto continue seeing support forthe time being, with the Westpromising more sanctions incase of a full invasion.
The potential return of moreIranian crude to the market further pressured prices as Tehranand world powers inch closer toreviving a nuclear agreement.
Crude oil falls assupply fears wane
RUSSIA-UKRAINE STANDOFF
................BM-BMECMYK
KR SRIVATS
New Delhi, February 23
Receivables Exchange of IndiaLtd (RXIL), expects to clock business of ₹�13,000 crore this fi�scal,double of that in the last fi�scal,Ketan Gaikwad, Managing Director & CEO, said. It had processed ₹�6,500 crore of MSMEand corporate invoices in thelast fi�scal, Gaikwad told Busi-nessLine. Gaikwad also said thatRXIL had already clocked business volumes of ₹�10,000 crorethis fi�scal.
Trade Receivable Discounting Systems (TReDS) is an electronic platform for facilitatingthe fi�nancing/discounting oftrade receivables of micro,small and medium enterprisesthrough multiple fi�nanciers.These receivables can be duefrom corporates and other buyers, including government departments and public sector en
terprises. One of the bigbenefi�ts of TReDS is that MSMEsare not required to give collateral and there will be no recourse to them in case ofdefaults.
“This has been a signifi�cantlygood year for us this fi�scal whenwe will double our volumes. Infi�rst three months (AprilJune2021), we were hit by Covid19and volumes dropped by 60 percent. But from there we havepicked up,” Gaikwad said.
Bringing in new playersRXIL is now in talks with twolarge State governments to seeif they could be onboarded. Ithas Goa Government on boardand the State has so far donetransactions worth ₹�600700crore. “We have not evenscratched the surface in termsof number of MSMEs registeredin TReDS. PSUs are registered
but they are not doing anytransactions on the platform.There is a need for governmentpush. Hardly 1015 PSUs are active,” Gaikwad said. So far, allthree TReDS platforms in thecountry put together have donetransactions worth ₹�65,000crore. Of this PSUs’ contribution is hardly ₹�4,500 crore.
Asked about the FactoringAct changes and the RBI’s January circular, Gaikwad said thatonly 182 NBFCs have qualifi�ed tostart doing TReDS business. “Itis going to be some more timebefore NBFCs come into thescene in a big way. NBFCs’ entry
will help increase liquidity inTReDS platform. There can besectorspecifi�c NBFCs that cancome in,” he noted.
On the operational convenience of allowing registration ofcharges on the CERSAI platform(Central Registry of Securitisation Asset Reconstruction andSecurity Interest of India)through the TReDS platform,Gaikwad said this is expected togo live from April 1 this year.
TReDS platform, which has turned five, in
talks with two State govts for onboarding
Ketan Gaikwad, MD & CEO, RXIL
‘RXIL set to double business to ₹�13,000 cr’
MUMBAI
BusinessLineTHURSDAY • FEBRUARY 24 • 2022 9NEWS
OUR BUREAU
New Delhi, February 23
Rajasthan has become the fi�rstState to revert to the Old Pension Scheme (OPS) for Stategovernment employees. Thisdevelopment has taken placeat a time when key oppositionparties Samajwadi Party andBahujan Samaj Party havepromised to go back to the OPSin Uttar Pradesh, if voted backto power.
Till date, barring WestBengal, all States and Union Territories and the Centre have implemented the New PensionScheme, better known as National Pension System (NPS).
The Centre introduced theNPS for all its offi�cials and employees, except those fromarmed forces, joining serviceon or after January 1, 2004. Rajasthan was fi�rst among States
which adopted the system andlater various States shifted tothe NPS.
‘Secure future’“We all know that the employees associated with government services should feel secure about the future, onlythen they can make their invaluable contribution towardsgood governance during theservice period. Therefore, for allthe employees appointed on orafter January 1, 2004, I proposeto implement the old pensionscheme,” Ashok Gehlot, ChiefMinister of Rajasthan saidwhile presenting State Budgetfor fi�scal year 202223 onWednesday.
NPS is known as contributory mechanism while OPS iscalled defi�ned mechanism.One of most important factors
for switching to NPS was to cutdown the cost of pension payout. Under OPS, employees getpension under predeterminedformula which is half of lastdrawn salary. They also get thebenefi�t in the revision of Dearness Relief (DR), twice a year.
However, the new mechanism is based on contributionswhere an employee deposits 10per cent of the basic pay plusdearness allowance. This year’sbudget has raised tax deduc
tion limit to 14 per cent from 10per cent for employer’s contribution to the NPS account ofState Government employeesas well.
TUs welcome moveThe trade unions have welcomed the Rajasthan Government’s announcement.“Centre and other State Governments should also considerthe same,” said INTUC GeneralSecretary Sanjay Singh. The
CITU also welcomed the move.“It has been a legitimate demand of the government employees for long,” said CITUGeneral Secretary Tapan Sen.
AITUC General Secretary Amarjeet Kaur said certain neoliberal economists argue that giving pension is againstdevelopment. “Pension is deferred wages. It is the responsibility of the governments togive proper pension to its employees. Government employees in the country have doneexemplary work during thepandemic. They must get adequate pension,” she said.
ProBJP trade union BMS alsowelcomed the step. “We hopethat it will not be a politicalgimmick and the announcement will be followed withproper budgetary allocation.Everytime employees ask forproper pension, the governments claim that they don’thave funds,” said BMS GeneralSecretary Binoy Kumar Sinha.
State rolls back NPS for all employees with
effect from the date of its implementation
Rajasthan reverts to Old Pension Scheme
Ashok Gehlot, Chief Minister of Rajasthan, announced the move
while presenting State Budget for fiscal year 2022-23
OUR BUREAU
Mumbai, February 23
External Aff�airs Minister SJaishankar said that theCovid19 pandemic has generated a sense that India hassomething necessary tobring to the table for globalrecovery and enhanced thesense of trust.
He added that this is timefor India to step up supportfor neighbouring countriesincluding Sri Lanka which isfacing balance of payment issues. Jaishankar was addressing online the inaugural session of Asia EconomicDialogue, jointly hosted by
the Ministry of External Affairs and Pune InternationalCentre, on Wednesday.
Jaishankar said in his address that India has recentlyupgraded its relationshipwith UAE after Covid19 andhas stood fi�rmly by its neighbours.
“We think the neighbourhood comes fi�rst in time ofdiffi�culties. There are stillsome countries facing healthproblems. We are still supplying vaccines to Afgh
anistan and Myanmar. It istime for India to step up support for neighbours, look ateach one of them, sit together and see what problems they are facing,”Jaishankar said.
‘India – a reliable friend’“Sri Lanka is facing balanceof payment issues. They needa regular supply of fuels andessential commodities andIndia will be a reliable friend.This is a time for us todemonstrate that the neighbourhood comes fi�rst, delivers. Not in just lines of creditbut in terms of investmentsas well,” he said.
Jaishankar added that Indian tourists, businesses,and even Indian governmentinvestments will help SriLanka to recover from thecrisis.
‘Need to look at
each one of them,
see what problems
they are facing’
S Jaishankar
Time for India to step up supportfor neighbours, says Jaishankar
OUR BUREAU
New Delhi, February 23
Voting for 59 Assembly seats incentral, Awadh and Terai regions of Uttar Pradesh in thefourth phase of polls was underway with 57.45 per centpolling recorded till 5 pm onWednesday.
Lakhimpur Kheri and Pilibhit recorded the highest pollpercentage of 62.45 per centand 61.42 per cent, respectively.These districts were most impacted by the farmers’ protestsand the subsequent violencewhere the son of State Ministerfor Home Ajay Mishra Tenialong with 11 others wascharged with murder after having allegedly running downfour farmers in their SUVs..
Largely urban parts such as
Lucknow, which includes nineassembly constituencies, recorded 54.98 per cent voterturnout till 5 pm.
A highvoltage campaign wassimultaneously being conducted with Prime Minister Narendra Modi, addressing a rallybarely 28 kilometres away fromLucknow in Barabanki, charging the challenger AkhileshYadav of “nepotism, corruptionand supporting terrorism andterrorists”. The PM also addressed rallies in Kaushambi.
‘Terror attacks’“While these people who onlypromote their own family wereruling UP, there were serial terror attacks. But instead of ensuring strict punishment forterrorists, the Samajwadi Party
government was busy gettingthem released. History is ourwitness that these people cannot be trusted with the safetyand security of the people ofUP,” the PM said.
Akhilesh Yadav, addressing apoll rally in Bahraich, maintained that the BJP leaders arepanicking now because theyhave lost the election. “Thepolling results will be out onMarch 10 but our Baba Mukhya
Mantri has booked a planeticket from Lucknow to Gorakhpur for March 11. Imagine howscared are BJP leaders. Are theyscared or not? (the crowd saysyes). They don’t know that thereis a 440volt current runningamong the people against theBJP,” Akhilesh Yadav said.
BJP has, of late, stepped upthe attack on SP as a party “promoting terrorism” with the PMcharging at a rally in Hardoi
that the bombs in Ahmedabadserial blasts, on which the conviction and sentencing of accused have recently happened,were placed in the SP’s electionsymbol – the cycle.
‘Meaningless charges’Most of the Opposition, including the Congress which is fi�ghting independently, has dismissed these charges as“meaningless”. “They shouldtalk about price rise, unemployment and the problem of straycattle for the farmers. Thiswhole terrorism charge ismeaningless,” said PriyankaGandhi, the Congress’s chiefcampaigner in UP.
The BJP hopes to better itsperformance from the fourthphase after having faced theconsolidation of Jats, Yadavsand Muslims who dominatethe western part of the State tothe SP’s pocketborough areasincluding Etah, Etawah, Main
puri, Kannauj, Firozabad, etc.The BJP has so far done its bestin the Bundelkhand region thatincludes districts like Jalaun,Jhansi, Lalitpur ,etc. and faced atough challenge in the upperDoab region where the substantial Jats and Muslim vote hadconsolidated in favour of the SP.
In the buildup to the fourthphase, the party’s chiefstrategist Amit Shah who had,from the beginning posited theSP as the BJP’s main challenger,said that the MayawatiledBahujan Samaj Party (BSP) willperform well.
This remark, believed to beaimed at scattering theMuslims between SP and BSP asalso preventing the Dalit votefrom gravitating towards theSP, has been cautiously welcomed by the BSP. “It is his(Amit Shah’s) badappan (magnanimity) that he has acknowledged the truth,” saidMayawati.
By positioning Mayawati's party as a
credible challenger, the BJP aims to
construct a trilateral contest
BJP hopes to better its performance from the fourth phase after
having faced the consolidation of Jats, Yadavs and Muslims
Rural voters outnumber urban in UP’s fourth phase polls
PRESS TRUST OF INDIA
New Delhi, February 23
Experts have backed a proposalby States to set up an environment council, saying it will assist in the development of greenpolicies for implementing India’s climate action.
The idea of establishing a separate council for climate actioncame up at the recently concluded World Sustainable Development Summit (WDSD),where State representatives proposed an independent body foraccelerated climate action.
Avinash Chanchal, CampaignManager, Greenpeace India,said an agency whose primarymandate is to focus on climate
action would be useful to accelerate action and bring coherence to the actions at the locallevel.
‘Fix accountability’“There is no doubt that it’s important to fi�x the accountabilityof every climate policy announced by the government.Unfortunately, the currentpolicies are not getting fully implemented on the ground. Often these policies don’t have anylegal binding,” Chanchal toldPTI on Wednesday. He said the
environment council can helpfacilitate a coordinated climateaction. EnvironmentalistBhavreen Kandhari said havingsuch a council reduces thechances of shrugging responsibilities on each other.
“It’s a welcome step to involveall States in their own capacityand bring them together onone platform with the environment minister. Also (having acouncil) reduces chances ofStates shrugging off� responsibilities on each other which hasbeen the case between Delhiand neighbouring States instubble burning issue,” Kandhari said. EnvironmentalistVikrant Tongad, founder, SocialAction for Forest and Environment (SAFE) said such a councilwill help States work eff�ectivelyon climate change. “We havebeen demanding such a department in the States for a longtime so that the States can workeff�ectively on climate change,”he said.
Will enable
coordination, stop
States shrugging off
responsibility,
say experts
The idea for a council came up
at World Sustainable
Development Summit
‘State-level environment councilwill help accelerate climate action’
PRESS TRUST OF INDIA
Guwahati/New Delhi, February 23
Over 40,000 tea garden workers in upper Assam are allegedly living in dilapidatedhomes without access toproper healthcare and education due to athreeyear delay infulfi�lment of welfare promisesmade by their employer – a major global conglomerate facingfraud and forgery charges.
The workers from adivasicommunities are employed in14 tea gardens of the 182yearold Assam Company India Limited (ACIL), which was acquired by billionaire BR Shettyowned BRS Ventures in 2018after approval from the Na
tional Company Law Tribunal(NCLT). The ACIL, however, refuted the allegations, sayingthe management was committed to improving the lives ofworkers and blamed theCovid19 pandemic for thedelay in the implementationof the proposed welfare plan.
As part of the resolutionplan BRS Ventures was tospend within six months of acquisition ₹�150 crore on welfareof garden workers. The plan involved renovation of staff�quarters, building a multispeciality hospital, drinking waterfacilities, labourers welfare,gratuity and provident fundaccording to the Plantation Labour Act, 1951.
The workers claimed thatthey were given written assurances by the company aboutthe elaborate welfare plan that
it had chalked out for themand also included promotingtourism in the region.
Fraud, forgery chargesAccording to the union leaders, BRS ventures, which is facing fraud and forgery chargesin the UK and UAE, voluntarilyshowed interest in spending₹�150 crore on the welfare ofworkers and other staff� involved in the daily operation,they claimed. But once the ac
quisition was done, BRS Ventures allegedly ignored the assurance given to the workersof the tea gardens which arespread over 14,000 hectaresand produce 15 million kg ofpremium tea annually.
“BR Shetty is unreachableand his offi�cers here don’t respond to our memorandumson the matter. It feels as if ourpeople have been cheated.,” Lakindra Kurmi, general secretary of Assam Tea Tribes Students’ Association (ATTSA),told PTI. Playing down theclaims, ACIL management saidthe company is in full compliance of the resolution plansubmitted by the promotergroup. “ACIL is committed tocontributing to the development of the state and itspeople,” Preetham Melantha,director of ACIL, told PTI.
Over 40,000 tea garden workers await BRS Ventures’ promised welfare programme Company blames
Covid-19 for delay
in implementation
Farmers are allegedly forced to
live in dilapidated homes
AGENCIES
Mumbai, February 23
The Enforcement Directorate arrested Maharashtra Minority Affairs Minister Nawab Malik onWednesday in a moneylaundering probe linked to the activitiesof fugitive gangster DawoodIbrahim and his aides, offi�cialssaid. The ED has sought 14daycustody of the Nationalist Congress Party leader.
The 62yearold was takeninto custody after he was questioned for about fi�ve hours atthe ED offi�ce in south Mumbai’sBallard Estate area since around8 am. His statement was recorded under the Prevention ofMoney Laundering Act and hewas arrested under the sameprovisions as he was evasive in
his replies, the offi�cials said. Hisparty said he was taken by theED from his residence at 6 am.
‘Won’t bow down’“We will fi�ght and win. We won’tbow down,” Malik said wavingto waiting media as he steppedout of the ED offi�ce in southMumbai after spending eighthours there. Maharashtra Congress president Nana Patoleclaimed that Malik’s arrest wasan act of “revenge” and the needof the hour was to unitedly fi�ghtagainst the tactics to silencepolitical opponents.
Booked in money
laundering case;
Will fight: Malik
ED arrests Maharashtraminister Nawab Malik
Nawab Malik
RUTAM VORA
Ahmedabad, February 23
The Staterun mining majorGujarat Mineral DevelopmentCorporation (GMDC) will enhance its lignite mining capacities, while exploring otherbase metals at its mines inNorth Gujarat. The miningmajor will soon extend lignitemining to six more locationsin the State and start sellingthe fuel outside the State, informed top company offi�cials.
GMDC has already been allotted lignite blocks inPanandhro Extension andBharkandam in Kutch, whilefour blocks have been reserved at Valia and DamkaiPadal in Bharuch District,Ghala in Surat district andLakhpat in Kutch.
“We have signifi�cant reserves in all these blocks and
it has been lying with us for along time. Now we have received the Letter of Intent formining lease from the government for at least three ofthem in the past six monthsand we expect to commencelignite mining soon,” Roopwant Singh, Managing Director, GMDC told Businessline.
The collective lignite reserves in these blocks exceeds500 million tonnes.
Exploring other marketsWith the additional lignite resources available with thecompany, GMDC now plans toexplore markets outside Gujarat. On being asked how theadditional massive reserveswill be used, Singh stated,“After fulfi�lling the local demand, we will explore markets outside Gujarat. This is
the fi�rst time GMDC will selllignite beyond Gujarat.”
In another fi�rst for the mineral major, GMDC is planningto set up dry coal washery inKutch and a modular pyriteremoval plant at Bhavnagarwith a combined investmentof about ₹�60 crore.
“These are being deployedin Gujarat for the fi�rst time.This will improve the ligintequality and bring higher calorifi�c value to the coal. It willreduce pyrite lumps, sulphurand ash content,” he added.The company plans to issue
the Expression of Interest(EOIs) for the projects over thenext few weeks.
Singh also underlined thegrowing prospects for thecompany in the base metalsspace as it is exploring newbase minerals at its Ambajimines in North Gujarat,which has identifi�ed prospects for copper, lead andzinc. “With these prospects,we can aspire to achieve 4550per cent share of metals inour overall operations. Currently lignite comprises 85per cent share,” said Singh.
For the third quarter endedDecember 2021, the companyposted consolidated revenuesfrom operations at ₹�725 crore,which was 120 per cent higherthan ₹�329 crore reported inthe corresponding quarter ayear ago. Consolidated netprofi�t for the quarter was₹�150 crore against net loss of₹�2.75 crore in the samequarter last year.
Company to focus on prospecting
for base metals at Ambaji mines
GMDC is also planning to set up
a dry coal washery in Kutch
GMDC to expand lignite mining, startselling surplus to markets outside Gujarat
OUR BUREAU
Mumbai, February 23
Staterun Jawaharlal Nehru PortAuthority said it has made “alternative arrangements” tohandle exportimport containers at the selfoperated container terminal after a ransomware attack on Monday.
The port authority, however,assured that the system disruption has not aff�ected cargo operations at Jawaharlal NehruContainer Terminal. “There hasbeen a technical issue at JNPCT,one of the fi�ve container terminals at the Port. Governmentagencies are working to resolveit. To ensure business continuity, a standard operating procedure has been chalked out foran interim period for handlingEXIM containers from February23,” a spokesperson for the portsaid. The other four containerterminals operating at JN Portwere not impacted by the technical glitch.
JN Port makes ‘alternative’ plansafter ransomwareattack on Monday
................BM-BMECMYK
MUMBAI
10 BusinessLine THURSDAY • FEBRUARY 24 • 2022NEWS
MONIKA YADAV
New Delhi, February 23
The government is likely to announce vaccination programme for children in the 1215age group after March 15, ahighlyplaced offi�cial told Busi-nessLine. The government isalso examining booster dosesfor those under 60 years withcomorbid conditions, thesource added.
“Our priority is to vaccinatethe unvaccinated fi�rst. We willcome out with the immunisation programme for those under 1215 age group after March15. On March 10, election resultswill be out, after which our expert team will do a detailed analysis on the booster doses forthose under 60 and about thechildren’s vaccination,” said the
source. However, the government anticipates lack of enthusiasm for vaccination as withthe receding of the Covid19pandemic, the scale and pace ofvaccination has slowed down.There are many vaccines underconsideration.
‘Significant drop in cases’“People are not sending theirchildren for vaccination asthere has been a signifi�cant decline in the number of infections. Also, the symptoms arevery mild.
“Besides Covaxin, Serum Institute of India’s Covovax is under fi�nal clinical trial stage. Biological E’s Corbevax is alsoavailable for children. We areevaluating every option available. We will take a fi�nal de
cision after detailed analysis,”the source stated.
No takers for ZyCoV-DZydus Cadila had delivered 56lakh doses of ZyCoVD to fi�veStates, including Madhya Pradesh, Bihar, Maharashtra, West
Bengal and Punjab, but not asingle jab has been administered so far. The threedosevaccine, administered intradermally, received the approval for EUA from the drugregulator Drug Controller General of India (DCGI). “Not a
single shot has been administered so far of ZyCov D. We hadreceived 56 lakh doses from thecompany and had delivered tothe fi�ve States. With the receding cases, people seem to becomplacent about anothersurge,” said the source.
In addition, on Wednesday,India reported 15,102 Covidcases, with 278 deaths in the last24 hours till 8:00 am, accordingto Health Ministry data. Thecases were slightly higher thanthe previous day’s infections of13,405, and also less than 30,000for the last six days. The dailypositivity rate stood at 1.28 percent, and the weekly positivityrate was at 1.80 per cent.
As of now, State governmentshave vaccine stocks of 10.98crore. More than 26 lakh doseswere administered till 7 pm onWednesday, aggregating tomore than 176.47 crore dosesgiven so far.
Govt may launch vaccination drivefor 12-15 age group after March 15Examining booster doses for those under
60 years with comorbid conditions
The focus is on vaccinating the unvaccinated first, say govt officials
P MANOJ
Mumbai, February 23
What is blue economy? Blue economy essentiallyrefers to the multitude ofocean resources available inthe country that can be harnessed to aid the productionof goods and services becauseof its linkages with economicgrowth, environmental sustainability and national security.
The blue economy is a vastsocioeconomic opportunityfor coastal nations like India toutilise ocean resources for societal benefi�t responsibly.
How significant is it?India’s blue economy is a subset of the national economycomprising the entire oceanresources system and humanmade economic infrastructure in marine, maritime andonshore coastal zones withinthe country’s legal jurisdiction.
With some 7,500 kilometres, India has a uniquemaritime position. Nine of its29 states are coastal, and it’sgeography includes 1,382 islands. There are nearly 199ports, including 12 major ports
that handle approximately1,400 million tons of cargoeach year.
Besides, India’s ExclusiveEconomic Zone of over 2 million square kilometres has abounty of living and nonliving resources withsignifi�cantrecoverableresourcessuch as crude oil and naturalgas. Also, the coastal economysustains over 4 million fi�sherfolk and coastal communities.
Why has the governmentcome out with a draft BlueEconomy Policy?Given India’s vast maritime interests, the blue economy occupies a vital potential position in India’s economicgrowth. It could well be thenext force multiplier of GDP
and wellbeing, provided sustainability and socioeconomic welfare are centred.
Therefore, India's draft blueeconomy policy is envisaged asa crucial framework towardsunlocking the country’s potential for economic growth andwelfare.
What are the importantelements of this policy? According to the draft policy,the blue economy is one of the10 core dimensions for national growth. It dwells onpolicies across several key sec
tors toachievethe holistic development of
India’s economy. The draft document fo
cusses on seven thematic areassuch as national accountingframework for the blue economy and ocean governance;coastal marine spatial planning and tourism; marine fi�sheries, aquaculture, and fi�shprocessing; manufacturing,emerging industries, trade,technology, services, and skilldevelopment; logistics, infrastructure and shipping includ
ing transshipment; coastaland deepsea mining and off�shore energy; security, strategic dimensions, and international engagement.
Has India fully leveragedthis part of its overalleconomy?India has tapped its vast coastline to build ports and othershipping assets to facilitatetrade, but the entire spectrumof its ocean resources is yet tobe fully harnessed. Severalcountries have undertaken initiatives to utilise their blueeconomy.
For instance, Australia,Brazil, the UK, the US, Russia,and Norway have developeddedicated national oceanpolicies with measurable outcomes and budgetary provisions.
Canada and Australia haveenacted legislation and established institutions at federaland state levels to ensure progress and monitoring of theirblue economy targets. With adraft blue economy policyframework of its own, India isnow all set to harness the vastpotential of its oceanresources.
All you need to know about India’s blue economy
YATTI SONI
Bengaluru, February 23
Edtech unicorn Unacademyhas launched a new learningproduct called ‘UnacademyIcons’, where stalwarts fromdiff�erent fi�elds such assports, arts, business andleadership, will conduct curated lessons on their subjects of expertise.
Cricket with SachinThe fi�rst Icons segment,‘Cricket with Sachin’, hasbeen developed in collaboration with cricketer SachinTendulkar.
He will mentor Unacademy Learners through a
series of 31 interactive lessons of more than sevenhours. The curriculum is cocreated by Sachin Tendulkarand his brother Ajit Tendulkar. Speaking to Business-Line about the vision behindUnacademy Icons, GauravMunjal, Cofounder andCEO, Unacademy Group,said: “Unacademy alwayswanted to democratiseknowledge. The founders ofUnacademy have been YouTubers since 2010. We werein college when we startedteaching on YouTube, andthe initial idea of why Unacademy came into existence was that we knew
something that others didnot.
“There was that information arbitrage and thatmade us realise that if wecan get the best in the worldto teach something, thatwill be very diff�erent fromwhat you can learn fromothers.” Munjal added thatthere will not be thousandsof courses in every category,
instead, in each category,the company will partnerwith the best icon in theworld similar to how theyhave partnered with Sachinfor the Cricket category.
In future, UnacademyIcons also plans to introduce a few categories suchas chess, how to become aYouTuber, and acting.
Prebooking for Icons willstart on February 23 for asubscription price of ₹�299,with a oneyear validity. Thefi�rst 10 lessons will belaunched on February 28,and subsequent 21 lessonswill be released in the following weeks. The lessonswill be available in English,Hindi to begin with, and willlater be available in Marathi,Kannada, Telugu and Tamil.
Now, learn from the Icons with Unacademy
Cricket with Sachin is the first
segment to be launched
under Unacademy Icons
Stalwarts from various fields to conduct
lessons on their subjects of expertise
Pedal power to the fore
Cyclists ride from Fujairah Fort to Jebel Jais in Ras Al Khaimah during stage four of the UAE cycling tour on Wednesday AFP
REUTERS
Moscow, February 23
The US and its allies unveiled more sanctionsagainst Russia on Wednesday over its recognition oftwo separatist areas in eastern Ukraine, while makingclear they were keepingtougher measures in reserve in case of a fullscaleinvasion by Moscow.
European Union sanctions to take eff�ect on Wednesday would add all members of Russia’s lowerhouse of parliament whovoted to recognise the separatist regions in Ukraineto a blacklist, freezing theirassets and banning travel.Britain followed the US in
announcing new restrictions banning Russia fromthe issuing of new bonds inits security markets.
The steps follow measures announced on Tuesday, including freezing theapproval of a new Russiangas pipeline by Germany,and imposing new US sanctions on Russian banks.
Severe consequencesBut none of the measuresannounced so far directlytargets President VladimirPutin himself, or is expected to have severe mediumterm consequences for Moscow, which is sitting onmore than $630 billion ininternational reserves. Oil
prices eased from Tuesday’ssevenyear highs as it became clear the fi�rst wave ofsanctions were unlikely todisrupt oil supplies.
Global stocks broke afourday slide and demandfor safehaven assetswaned.
Western countries fear
Russia plans a fullblowninvasion of Ukraine afterPutin announced onMonday he was recognisingtwo small breakaway regions controlled since 2014by separatists viewed by theWest as Moscow's proxies.Putin also signed a decreeallowing Russian forces tobe deployed there.
Readying troopsPutin has as many as190,000 troops nearUkraine’s borders,according to US estimates.
More ominous signspointed to possible war.Moscow announced it hadstarted evacuating its diplomats from Kyiv, whileUkraine declared a 30daystate of emergency and hasannounced the conscription of men of fi�ghting age.
US, allies slap more sanctions on Russia To impose tougher measures in case
of a full-blown invasion of Ukraine
US paratroopers train
alongside Polish allies as part
of a combined training event
AFP
OUR BUREAU
Mumbai, February 23
Close on the heels of themRNA vaccine techtransferhub in Africa, the WorldHealth Organization, the Republic of Korea and the WHOAcademy, have announced aglobal biomanufacturingtraining hub to serve lowand middleincome countries looking to produce biologicals such as vaccines, insulin, monoclonalantibodies and cancer treatments.
Training for companiesThe Korean government hasoff�ered a large facility outside Seoul, which is alreadycarrying out biomanufacturing training for companiesbased in the country, and willnow expand its operations toaccommodate trainees fromother countries, the WHOsaid.
The facility will providetechnical and handson training on operational and goodmanufacturing practices,
and will complement specifi�c training developed bythe mRNA vaccine technology transfer hub in SouthAfrica, it said. Further, a curriculum on general biomanufacturing would also be onthe anvil, they added.
Meanwhile, the globalmRNA hub in South Africawill support fi�ve more countries, the WHO said, including Bangladesh, Indonesia,Pakistan, Serbia and Vietnam.These countries were vettedby a group of experts andproved that they had the capacity to absorb the technology and, with targeted training, move to productionstage relatively quickly, itadded.
WHO sets up bio productiontraining centre in Korea
REUTERS
Paris, February 23
French drugmaker Sanofi� andits British partner GlaxoSmithKline said on Wednesday they intend to submit data from theirbooster and Phase III effi�cacy trials as the basis for regulatory applications for a Covid vaccine.
“We’re very pleased withthese data, which confi�rm ourstrong science and the benefi�tsof our Covid vaccine. The Sanofi�GSK vaccine demonstrates auniversal ability to boost allplatforms and across all ages,”said Thomas Triomphe, Executive VicePresident for Sanofi�Vaccines.
The two companies had surprised investors at the end ofDecember by delaying data ontheir Covid booster candidateto this year.
In September 2021, Sanofi�dropped plans for its ownmRNAbased vaccine becauseof the dominance achieved byBioNTechPfi�zer and Modernain using the technology to fi�ghtthe pandemic.
Sanofi, GSK toseek Covidvaccine approval
................BM-BMECMYK
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
Kalp.Pwr [2] 398.25 401.00 400.10 404.85 397.55 291.20 495.95 338.00 16 400.70Kaly.Inv 1655.00 1662.85 1675.00 1697.20 1660.50 0.51 2436.05 1400.00 29 1665.15Kaly.Stl [5] 282.25 284.95 293.70 293.70 282.05 15.05 465.55 280.00 5 285.20KalyanJewelr 59.25 59.25 59.65 60.95 59.10 1138.40 89.75 56.30 - - Kamat Htl 56.70 57.40 57.60 59.80 57.00 216.09 75.75 27.00 - 57.20Kamdhenu 220.75 222.50 220.00 226.35 220.00 24.29 280.00 120.65 19 222.45Kanor.Chem [5] 129.40 131.45 127.50 133.95 127.50 4.98 219.70 80.15 22 132.00KanpurPlastc 123.35 120.45 122.00 125.95 120.00 12.23 307.00 118.55 - - Kansai Ner [1] 479.70 464.10 482.20 489.55 461.35 393.65 674.15 460.95 52 464.90Karn.Bk 60.25 61.00 60.85 62.95 60.25 847.29 81.80 51.55 5 60.95Karur vys bk [2] 48.30 49.05 48.00 49.50 48.00 1141.14 64.50 38.40 7 49.15Kaveri Seed [2] 509.95 506.45 509.95 517.15 505.00 49.20 815.85 468.55 14 506.15KAYA Ltd 379.00 387.05 389.00 391.90 381.95 8.41 575.00 232.50 - 389.00KBCGlobal 15.45 15.35 15.50 15.90 15.25 2514.10 194.35 15.05 - - KCP [1] 113.90 114.45 114.00 116.50 111.20 86.95 168.95 73.25 10 115.05KCP Sug [1] 23.00 24.40 23.70 24.80 23.50 531.39 33.40 15.75 - - KDDL Ltd 863.65 845.75 863.75 869.55 833.00 15.04 1189.60 250.00 63 846.95KEC Intl [2] 456.75 451.30 455.10 456.90 450.00 99.15 550.00 368.00 18 451.35Keertknw&Skl 16.95 17.05 16.15 17.30 16.15 19.28 31.90 16.10 - - KEI Ind [2] 1010.75 1034.60 1015.85 1043.80 1015.80 170.57 1264.00 450.00 27 1035.60Kellton Tech [5] 81.70 85.70 80.20 85.75 80.20 729.90 134.95 39.25 70 85.75KennametlInd 1863.90 1884.80 1888.00 1914.95 1872.70 3.86 2037.80 897.10 - - Kesoram In 54.35 55.85 55.95 56.90 55.20 348.56 90.18 53.70 4 55.85Kewal Clo 189.55 196.25 189.60 201.35 189.60 88.76 299.00 153.40 19 196.20KeynotFinSer 126.20 129.05 127.00 132.95 124.85 63.80 160.65 51.35 - - KhadimIndia 241.30 249.55 241.00 251.95 239.50 62.83 358.90 125.50 29 247.90KhatnChm&Fer 95.65 101.15 97.00 103.00 97.00 145.06 129.85 20.35 - - Kingfa S&T 1147.25 1176.20 1170.00 1249.10 1152.70 8.90 1622.75 535.20 50 1181.55KIOCL 248.55 225.60 248.70 252.00 223.10 328.79 318.50 134.20 44 225.80Kiri Ind 458.25 476.80 462.00 488.85 462.00 193.48 678.70 405.00 151 477.60Kirl.Bros [2] 321.20 313.45 326.00 328.10 310.00 13.85 504.75 152.50 25 311.50Kirl.Elec 21.10 22.15 21.10 22.15 21.10 38.31 100.80 26.95 4 - Kirl.Ind 1411.95 1447.10 1424.95 1475.20 1424.95 5.70 1975.00 1173.65 24 1444.50Kirl.Oil [2] 129.70 134.95 130.35 136.00 130.35 226.22 277.80 129.40 12 135.00KirloskarFer 194.85 202.55 196.50 204.45 196.50 89.21 314.00 147.75 - - Kitex [1] 227.70 232.30 234.00 241.20 231.10 618.33 284.05 91.75 16 232.30KM Sug [2] 26.60 28.40 27.50 28.85 27.30 634.28 39.15 10.76 6 28.45KNR Con [2] 300.70 305.70 303.00 313.65 303.00 446.31 343.55 189.30 26 305.70Kokuyo [1] 62.40 62.90 63.45 63.45 62.20 75.58 79.85 52.20 - 63.05KoltePatil 272.85 277.80 275.30 281.65 273.00 251.89 360.00 207.00 - 277.20Kopran 266.25 273.35 275.00 281.70 266.85 134.25 369.35 99.80 104 271.25Kot.Mah.Bk [5] 1841.75 1886.10 1852.90 1912.85 1852.90 6915.92 2252.45 1627.25 50 1887.75Kothari Pet [5] 81.40 83.35 84.30 85.55 82.15 133.47 0.15 0.05 - - Kothari Pro 89.75 90.25 92.80 93.80 90.05 5.01 137.40 57.55 7 90.30Kothari Sug 32.70 34.15 33.00 34.50 33.00 201.53 15.85 4.45 - - Kovai Medi 1614.00 1602.40 1634.00 1634.00 1594.00 0.54 1920.00 1050.00 16 1602.25KPIGlobalInf 390.80 390.25 392.00 399.00 381.60 74.37 522.75 116.30 - - Kpit Tech 571.75 571.35 579.00 598.00 565.00 1699.12 801.00 130.25 - - KPR Mill [1] 641.90 654.30 650.25 678.00 648.85 717.21 771.80 177.77 33 654.05KRBL [1] 195.55 197.50 198.95 201.10 194.70 757.03 337.45 173.45 10 197.45Krebs Bio 151.25 154.55 151.00 160.00 151.00 36.73 227.95 82.50 - 154.90KrisnaInsMed 1223.35 1220.05 1223.35 1274.00 1216.40 182.98 1565.00 937.55 - - KrisnaPhoscm 178.00 180.05 176.55 190.95 176.55 18.26 248.85 80.00 - - KritiIndust 105.65 108.00 109.95 115.00 105.00 63.86 146.00 97.00 - - KrsnaaDiagns 592.25 591.90 600.00 606.95 590.00 69.89 1099.70 580.00 - - KSB 1038.40 1030.70 1089.00 1089.00 1025.55 12.61 1411.00 654.10 - - KuantumPaper 72.75 73.70 73.00 75.40 73.00 19.91 108.00 49.75 - -
L . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .L&T [2] 1844.45 1820.30 1849.00 1852.00 1816.15 1583.87 2078.20 1306.40 38 1822.05L&T Fin Hld 69.95 69.75 70.45 71.20 69.45 4807.10 113.40 67.90 - 69.75L&TInfotech [1] 5991.05 5911.80 6026.00 6073.30 5878.50 246.06 7595.25 3525.95 49 5911.25L&TTechSer [2] 4432.75 4455.35 4469.00 4492.10 4391.05 184.33 5958.10 2402.20 54 4456.65La Opala [2] 337.35 346.10 340.00 351.00 339.05 82.31 487.00 201.10 43 345.95LagnamSpintx 84.95 83.25 85.80 90.00 81.35 56.41 111.80 44.55 - - LakFinIndCor 92.10 96.70 95.85 96.70 95.85 1.78 219.25 68.00 - - LambodText [5] 87.40 88.25 90.00 93.00 85.00 18.01 129.90 43.90 5 87.75LasaSuperGen 46.70 47.60 47.80 48.60 47.25 48.27 92.90 46.05 - 47.55LatntViewAnl 421.85 424.25 428.65 432.70 423.00 645.89 754.90 417.15 - - LaurusLabs [2] 527.75 532.00 532.45 536.70 528.05 1490.37 723.55 334.00 35 531.65LaxmiCotspin 22.95 23.85 23.90 24.25 22.90 18.22 34.85 20.75 - - LaxmiOrgInd 403.20 411.60 403.20 418.00 403.05 554.40 628.00 143.25 - - LemonTreeHot 50.25 49.75 50.80 51.75 49.55 3578.37 59.90 27.50 - 49.70LG Balakri 590.90 591.65 599.70 617.15 580.55 77.24 735.55 282.00 9 590.40LibasDesigns 30.20 31.00 30.20 31.45 29.70 457.62 76.40 24.50 - - Liberty Sh 138.15 139.70 138.55 142.80 138.55 54.67 215.50 116.50 26 139.65LICHsgFin [2] 367.15 363.05 372.00 372.35 362.00 2516.55 542.35 329.70 13 363.05LikhithaInfr 299.50 307.45 304.90 309.00 301.95 11.62 480.00 265.50 - - LINC 294.05 288.90 294.50 304.85 286.00 14.91 339.45 139.30 - - Lincoln Phar 298.90 301.85 300.00 308.80 300.00 31.68 414.75 219.00 9 303.05Linde Ind 2852.05 2825.85 2858.00 2936.00 2800.00 223.56 3004.45 1332.10 93 2814.45LMW 9949.00 9888.5510021.0010133.95 9850.05 5.8311750.00 5894.00 72 9910.20Lok.Mach 69.40 69.25 69.40 72.45 68.30 91.14 88.25 30.05 21 68.80LT Ovrseas [1] 62.65 63.60 63.00 64.60 63.00 552.20 90.40 50.50 18 63.60Lumax tech [2] 174.35 174.00 174.55 178.10 173.00 44.52 209.45 128.10 20 173.90Lumx Ind 1043.55 1030.55 1043.55 1059.00 1025.80 6.35 1820.00 1017.85 22 1030.80Lupin [2] 752.20 756.00 754.70 763.00 753.35 995.85 1267.50 691.70 210 757.25Lux Indust. [2] 2509.60 2571.50 2530.40 2609.80 2530.40 39.49 4641.50 1617.55 21 2572.95
M. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .M&M [5] 853.25 850.30 856.00 869.70 845.70 2265.06 978.90 725.00 26 849.75M&M Fin [2] 151.75 152.75 152.40 154.70 151.85 2903.49 220.55 138.00 35 153.15Maan Alum 110.75 113.55 109.25 118.70 109.25 19.07 230.00 66.93 8 113.70MacpowerCNC 205.10 212.10 202.15 216.95 202.15 10.77 279.70 82.00 - - MacrotecDeve 1185.15 1192.35 1185.15 1212.30 1178.15 421.60 1539.00 422.60 - - Madhav 50.45 54.05 50.00 54.85 50.00 78.10 75.90 42.45 16 54.25MadhavCopper 29.40 26.60 30.05 30.50 25.75 170.39 107.00 25.75 - - MadyaBharat 238.10 261.90 249.25 261.90 244.00 31.99 294.00 127.10 - - MagadhSug&En 272.90 284.20 279.95 286.80 277.70 56.77 386.35 95.00 12 284.70Magn.Ven 11.05 10.80 10.50 11.35 10.50 225.42 16.40 4.12 3 10.88Mah.Cie.Auto 200.05 196.55 197.00 202.00 192.00 510.83 311.65 148.30 59 195.75Mah.Holi 212.45 214.15 216.70 222.90 213.05 427.37 267.00 126.93 33 214.15Mah.Life 298.15 302.95 299.00 309.55 299.00 327.06 348.00 152.10 - 302.80Mah.Scoot 3651.15 3654.00 3651.10 3699.75 3645.20 3.62 5023.35 3300.00 29 3652.50Mah.Seam [5] 495.60 498.25 499.15 512.15 496.15 165.14 593.55 265.75 9 498.55MahaRashtApex 97.15 98.40 96.45 98.55 93.00 1.85 149.00 92.85 - - MahalaxmiRub 134.15 128.55 127.45 140.85 127.45 270.35 170.60 65.20 - - MahangrGas 744.25 747.75 747.95 756.00 746.05 221.23 1284.45 740.00 11 748.05MahaSteelInd 72.70 74.45 73.65 76.45 73.65 6.66 120.80 71.20 26 74.75MaheswariLog 78.95 78.40 78.10 80.55 78.10 8.95 140.40 73.30 - - MahindEPCIrr 101.75 101.40 106.00 106.00 101.05 27.01 178.20 100.05 - - MahindraLog 430.15 431.00 438.00 438.00 425.20 147.81 819.15 405.70 121 430.65Maithan 1054.60 1074.35 1066.00 1103.30 1066.00 78.54 1255.15 530.00 5 1074.75Mallcom(Ind) 787.95 770.65 807.85 807.85 765.00 1.15 1079.85 701.55 - - Malu Paper 29.05 30.45 30.70 30.70 29.75 10.28 43.80 24.30 - 30.60Man Ind [5] 86.45 87.80 87.00 89.40 86.85 121.44 147.15 71.60 5 87.80Man Infr [2] 106.75 107.20 106.05 110.70 106.05 344.94 134.45 23.33 33 107.05Manaksia [2] 70.40 72.75 70.50 74.40 69.35 55.26 90.95 48.20 54 72.65ManakSteel [1] 35.95 37.00 35.65 39.50 35.65 87.64 55.00 19.85 9 37.05Manali Pet [5] 89.70 93.35 90.50 98.65 90.20 697.47 138.50 46.70 4 93.20Manap.Fin [2] 118.20 119.50 119.00 121.90 119.00 5898.97 224.40 115.10 7 119.60Mang.Cem 353.30 351.85 351.50 358.50 347.00 44.39 543.00 251.65 10 350.50Mang.Chem 72.15 71.55 73.60 73.85 70.60 208.33 101.00 62.65 9 71.60Mang.Drug 113.15 114.85 113.15 117.00 113.15 8.00 196.50 91.00 12 115.25MangalamGlob 157.65 165.50 157.00 165.50 156.65 41.79 170.00 38.25 - - MangalamOrga 830.55 866.85 849.95 875.00 836.05 10.68 1299.00 798.60 - - Manugrph [2] 15.40 15.00 14.80 15.90 14.70 18.48 22.95 10.00 - 15.10Maral Over 82.15 86.25 81.00 86.25 81.00 24.28 138.00 25.60 5 86.15MarathNxtge[5] 99.05 99.50 100.65 103.00 98.15 12.71 128.45 42.25 - 99.70Marico Ltd [1] 505.35 501.00 503.00 506.45 499.70 812.78 606.00 379.05 57 501.05Marksans [1] 48.30 48.40 49.85 50.80 47.70 2388.07 97.50 47.00 19 48.45Maruti [5] 8622.80 8698.85 8690.00 8789.95 8655.20 557.95 9022.00 6301.20 85 8701.20MASFinServ 584.60 581.15 592.00 605.00 575.00 55.22 985.00 469.05 21 579.70Mastek [5] 2604.95 2687.60 2640.00 2745.00 2635.95 77.65 3666.00 1125.15 142 2677.30MatrimCom [5] 752.65 770.15 764.00 786.20 759.95 110.89 1242.00 710.30 33 773.60Maw.Sug 103.35 111.50 105.00 114.00 105.00 1201.28 128.90 34.00 9 111.55MaxFinancial [2] 832.20 831.80 837.95 845.50 825.10 324.59 1147.90 816.00 160 832.25MaxHealthCre 372.10 368.35 372.50 377.40 366.50 494.18 458.05 178.00 - - MaxIndia 75.00 75.65 75.10 76.05 74.70 106.02 84.50 60.05 - - MaxVent&Ind 102.40 106.80 103.40 108.20 101.40 125.06 157.95 51.10 - 106.85Mayur Uniq [5] 435.10 431.90 441.00 448.00 430.25 55.80 635.00 376.60 18 432.40MazagonDock 241.60 241.15 244.70 245.95 240.15 151.24 321.00 191.85 - - Mazda Ltd 510.15 507.05 510.15 539.65 505.15 6.72 753.70 414.00 13 507.30MBL Infra 26.65 27.95 27.10 27.95 27.00 118.38 43.65 16.05 - 27.90McL.Rusl [5] 23.20 23.90 23.40 24.50 23.40 263.70 43.35 18.00 - 23.95MCX 1315.75 1293.45 1327.00 1337.15 1288.05 473.03 2134.90 1285.05 55 1292.85MedicamenBio 628.65 620.05 638.00 664.60 612.20 15.17 1019.80 539.55 - - MedplsHealth 952.10 988.65 967.40 1000.00 960.00 164.29 1343.00 930.05 - - MegastarFood 144.45 151.65 151.65 151.65 151.65 7.40 151.65 110.20 - - MeghManiFine 795.05 802.85 788.20 818.55 788.20 21.96 1038.05 650.00 - - MeghmaniOrga 93.50 96.00 93.55 97.35 93.55 444.63 149.70 81.10 - - MenonBear [1] 80.90 81.35 82.90 84.90 80.90 53.19 113.10 49.60 19 81.65MEP Infra 22.35 22.45 22.70 23.40 21.60 215.96 32.10 14.95 - 22.40MetroBrands 547.50 542.80 545.00 553.00 538.05 226.46 673.00 426.00 - - Metrpolhelth [2] 2033.30 2086.50 2064.00 2144.15 2055.00 599.95 3579.00 1846.50 50 2087.85MFL 30.25 31.40 30.30 31.75 30.30 139.80 24.70 12.15 - - Minda Corp [2] 194.90 199.85 195.10 201.20 195.10 1030.37 213.80 89.85 39 199.55Minda Ind [2] 967.05 940.20 985.00 985.00 925.00 256.91 1260.00 460.00 133 939.95MindTree 3821.35 3801.80 3861.00 3894.00 3780.75 517.24 5059.15 1539.85 42 3798.65Mirc Ele [1] 21.95 21.90 22.50 22.50 21.50 335.52 34.90 11.16 - 21.80Mirza [2] 145.30 152.00 151.70 162.80 151.00 2323.27 174.20 42.95 20 151.95MishDhatuNig 172.05 176.95 176.00 178.05 173.55 148.79 221.80 166.10 20 176.90MM Forg 808.05 813.50 825.00 838.00 810.00 40.23 968.95 433.45 17 813.50MMPIndustris 157.55 163.65 156.50 164.95 156.50 21.55 198.90 77.60 - - MMTC [1] 45.20 46.35 45.95 47.25 45.55 2950.35 64.80 30.10 - 46.35ModisonMetal 71.95 72.80 72.00 76.00 70.05 29.85 104.90 52.05 - - Mohit Ind 15.85 16.40 16.70 16.75 16.00 23.17 22.05 6.20 11 16.15MOIL 170.00 171.50 170.30 174.45 169.65 334.58 208.00 135.25 11 171.35MokshOrnamnt 21.45 20.40 20.70 21.45 20.40 347.73 123.85 20.35 - - Mold-TekPac [5] 695.25 685.45 695.25 704.15 674.45 48.44 862.15 342.00 32 686.15Mold-TekTec [2] 69.55 72.50 71.40 73.60 70.00 14.27 107.95 32.00 17 72.35MonarchNetwr 173.25 172.50 177.70 181.00 171.00 48.10 189.55 136.25 - - Monte Carlo 497.90 490.10 525.00 525.00 475.25 77.63 728.65 208.70 10 490.35Morepan [2] 40.00 40.85 41.35 41.55 40.25 852.90 75.00 28.00 20 40.85Most.Fin [1] 874.70 889.15 886.40 905.00 883.65 68.85 1188.00 568.25 16 890.60Moth.Sumi [1] 156.40 156.00 158.00 159.25 155.25 5159.56 226.67 148.75 49 155.95MphasiS 3122.35 3108.40 3130.00 3169.00 3098.05 429.37 3659.75 1399.30 47 3110.10MPS 608.60 625.20 608.60 629.80 608.60 9.78 805.00 424.95 16 624.70MRF 65769.60 65803.60 66164.20 66799.95 65701.00 11.02 94000.00 63000.05 34 65812.85Mro-Tek [5] 55.15 55.15 55.50 57.85 54.00 15.13 79.25 23.60 1 55.55MRPL 41.00 41.75 41.60 42.00 41.30 639.35 57.75 35.30 8 41.75MrsBectrFood 317.15 309.90 318.30 323.95 299.70 197.09 464.10 299.70 - - MSP Stl 11.45 11.90 11.60 12.45 11.60 1090.37 18.90 7.10 - 11.94MSTC 315.75 318.00 318.75 323.40 315.90 133.94 542.00 247.15 - - MT Edu 8.95 8.95 9.25 9.25 8.60 114.02 14.30 6.22 - 8.89MTARTech 1770.70 1804.80 1799.00 1860.00 1794.50 71.77 2563.30 860.00 - - MTNL 22.80 23.15 22.80 23.85 22.80 1295.72 40.85 11.85 - 23.15Mukand 125.55 126.90 124.60 128.75 124.55 40.13 166.50 55.15 6 127.25Mukta Ar [5] 40.05 40.70 41.90 42.00 40.10 4.21 65.35 25.60 29 40.75Munj.Auto [2] 46.30 46.80 46.45 48.00 46.45 56.75 72.80 45.75 19 46.70Munj.Showa [2] 109.80 111.25 110.95 112.70 110.85 17.16 174.60 108.05 41 111.10Murd.Cera 25.25 26.25 25.20 27.20 25.20 83.14 35.70 18.00 20 26.25MusicBrdcast 23.50 23.55 23.50 23.70 23.40 78.46 29.60 22.15 - - Muthoot Cap 280.90 285.05 280.10 288.00 278.25 13.74 495.50 278.40 - 284.85MuthootFinan 1348.50 1344.00 1354.00 1366.40 1335.00 646.29 1722.55 1120.45 14 1346.75
N . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .NACLInd [1] 77.05 76.85 76.60 80.50 76.10 159.68 104.65 35.30 21 76.60NagaDhunseri 1297.85 1324.65 1291.60 1334.40 1291.00 0.11 2175.00 680.50 - - NagarjunFert [1] 11.70 11.85 11.70 12.45 11.70 486.38 20.67 4.91 - 11.92Nagrk.Cap [5] 11.55 12.10 11.00 12.10 11.00 9.03 18.25 5.05 - - Nagrk.Exp [5] 37.00 38.45 38.15 38.95 37.70 6.42 52.65 14.90 4 38.40Nah.Cap [5] 434.60 443.85 442.00 463.00 435.50 26.58 588.60 85.50 21 442.95Nah.Ind 148.25 154.25 150.00 159.45 150.00 75.24 199.15 38.05 4 154.20Nah.Poly [5] 381.35 397.85 397.95 417.25 393.15 114.87 475.00 82.05 14 397.35NALCO [5] 115.50 116.10 116.60 117.70 114.5531552.72 128.30 50.80 8 116.05Nalwa Son 1586.15 1572.65 1601.95 1609.00 1553.20 0.88 2165.55 947.35 14 1564.00Nandan Den 141.85 138.85 145.25 148.75 134.80 101.30 172.50 28.00 10 138.90NandaniCreat 72.50 73.35 72.60 74.30 72.00 5.04 110.35 45.15 - - NarayaHru 638.30 647.35 641.50 654.00 638.00 69.28 679.15 380.05 158 648.05Natco Phr [2] 839.90 824.90 841.00 858.40 821.20 98.08 1188.95 779.00 58 824.60Nath Bio-Gen 210.15 215.10 213.30 221.50 211.10 26.90 474.70 204.05 7 215.05Natl Build [1] 38.90 39.30 39.10 39.95 39.05 5144.36 59.80 35.60 30 39.30Natl Fert 45.95 47.30 46.35 47.60 46.25 334.76 73.75 37.50 41 47.30Nava.B.Ve [2] 115.95 122.65 118.40 125.85 118.00 651.81 144.20 57.75 5 122.15Navin Flu [2] 3850.20 3811.25 3889.95 3915.00 3799.00 73.45 4339.00 2337.80 73 3816.70Navkar Corp 34.85 34.65 35.00 35.95 34.40 259.48 54.70 30.50 12 34.55Navneet Ed [2] 85.65 86.75 85.75 88.50 85.75 116.85 121.55 72.30 19 86.90NazaraTech 1843.75 1859.90 1869.95 1910.00 1853.10 45.80 3356.00 1432.00 - - NBI.IndFinCo 2179.50 2137.65 2175.00 2177.15 2129.00 0.02 3200.00 1625.45 - - NCC [2] 60.90 61.35 63.00 63.00 61.05 3143.76 98.45 60.50 11 61.30NCL Ind 177.40 182.55 179.00 183.85 178.10 90.12 304.80 151.60 7 182.25NDRAutoCompo 380.65 356.30 383.00 404.50 342.60 19.78 499.90 178.20 - - NDTV [4] 150.85 149.70 153.30 160.00 148.50 185.30 185.75 46.95 16 150.25NECaryCorp 18.95 19.25 18.95 20.30 18.95 70.62 29.40 7.00 16 19.20Nect.Life [1] 27.30 28.50 27.35 29.80 27.35 443.86 48.40 18.50 - 28.65Nelcast [2] 71.05 71.25 70.30 73.00 70.30 44.05 100.00 61.00 44 71.50Nelco 662.25 668.45 664.00 684.95 630.20 29.88 968.55 178.85 138 670.10NeogenChem 1541.40 1552.65 1555.00 1584.65 1543.95 16.38 1930.00 757.20 - - Nesco [2] 548.85 547.20 574.95 574.95 545.00 21.86 697.00 463.50 22 546.30NestleIndia 18111.00 17926.65 18111.00 18209.55 17835.00 59.25 20599.95 15900.00 91 17949.45Netwk 18 [5] 78.05 78.65 78.50 80.10 77.70 677.39 115.00 34.55 - 78.70Neuland 1054.00 1137.45 1071.00 1159.90 1058.00 42.77 2840.00 1049.80 25 1137.70NewgenSwTech 512.25 516.95 520.00 524.60 514.00 94.80 754.70 271.70 24 516.90NHPC 28.80 28.25 28.80 28.85 28.20 3717.41 37.00 23.10 8 28.25NIIT [2] 436.15 437.40 440.00 448.00 435.00 453.41 507.00 136.50 72 439.05Nila Infras [1] 6.50 6.70 6.40 6.80 6.40 563.48 10.56 4.10 - 6.73Nilkamal 2139.70 2137.35 2143.35 2178.00 2130.05 2.04 3174.00 1754.60 39 2151.00Nippo Bat [5] 410.95 416.75 405.20 430.00 405.20 4.19 641.23 323.48 17 416.50NipponLIAM 315.60 311.70 316.15 320.00 310.50 484.38 476.45 296.00 - - NirajCement 28.95 29.30 30.55 30.60 29.00 4.39 55.90 28.55 - - Nitco 26.65 26.80 26.20 27.40 26.20 50.08 42.75 17.40 - 26.60NitirajEngg 60.00 59.75 62.05 63.50 57.90 1.69 82.80 38.20 - - NLC India 59.20 61.40 60.00 61.80 59.65 1714.17 80.00 46.25 6 61.40NMDC Ltd [1] 140.05 142.75 141.40 144.70 140.7510043.69 213.15 120.20 4 142.65Nocil 202.05 202.30 203.00 207.50 199.60 465.07 321.00 157.50 24 201.00Noida Toll 7.80 8.55 8.55 8.55 8.55 113.56 10.33 5.13 - 8.66
20 Micron [5] 69.45 75.10 70.20 76.30 70.20 283.80 108.25 29.25 9 75.6021stCentMgmt 32.65 32.00 32.00 32.00 32.00 1.18 63.45 11.65 - 32.153IInfotech 56.10 53.80 55.10 57.45 53.50 1116.90 119.30 52.60 - - 3m India 21320.45 21213.40 21490.00 21499.95 21030.20 2.42 30975.00 20828.20 106 21212.405PaisaCap 332.80 344.35 347.00 347.95 338.45 15.34 577.40 237.60 62 345.45
A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .A2Z InfraEng 8.75 9.15 8.60 9.15 8.60 541.73 14.15 3.55 - 9.18AareyDrgs&Ph 40.20 41.30 40.25 42.00 40.25 47.77 64.35 31.15 - - AaronIndust 115.60 116.65 113.50 121.35 113.50 5.08 151.55 45.05 - - Aarti Drug 483.50 492.25 483.50 496.80 482.35 91.15 841.40 478.00 24 492.00Aarti Ind [5] 919.30 916.90 922.00 938.30 915.00 624.88 1168.40 595.00 27 917.35AartiSurfact 792.20 792.70 800.00 820.00 790.00 12.18 1887.00 781.50 - - Aarvee Den 26.00 26.90 27.00 27.20 26.00 11.56 33.30 16.85 - 26.80AarviEncon 87.70 91.35 85.10 93.50 85.10 17.46 104.00 41.95 - - AavasFinance 3037.95 2987.25 3044.90 3089.05 2975.00 74.49 3336.95 2108.90 72 2986.20AB Money [1] 62.10 63.00 63.00 64.00 62.60 38.13 88.50 38.00 16 62.90Aban Off [2] 45.75 46.65 45.90 47.20 45.85 59.61 74.90 27.95 - 46.70ABB [2] 2067.30 2097.20 2076.00 2120.00 2076.00 192.68 2469.60 1300.00 103 2100.05AbbottIndia 16714.75 17021.25 16751.10 17069.90 16625.05 27.21 23902.30 14250.00 49 17010.00ABBPowerPro 3172.20 3201.80 3196.00 3342.00 3172.25 96.45 3430.00 1265.30 - - ABCapital 108.00 108.10 108.90 109.80 107.40 2906.40 139.60 96.40 77 108.20ABMInternat 88.65 92.90 88.65 94.40 88.65 1.21 160.00 85.55 - - ACC 2165.40 2151.30 2169.05 2197.00 2143.70 376.03 2587.95 1686.75 21 2149.60AccelyaKal 974.80 972.15 979.80 987.35 969.10 18.20 1535.00 837.00 25 971.40AcrysilLtd 725.75 724.25 738.70 748.75 715.00 61.48 927.90 286.00 - - Action Con [2] 224.00 220.40 224.00 227.85 218.65 192.29 291.55 139.65 24 220.40AcuracyShipg 237.15 238.50 238.00 247.95 235.15 35.73 258.90 47.55 - - Adani Ent [1] 1667.70 1688.70 1682.00 1717.50 1670.00 1285.01 1908.55 769.10 261 1687.65Adani Ports [2] 705.55 706.70 711.00 719.40 705.00 2978.28 901.00 638.00 106 706.70Adani Pwr 120.55 125.55 125.90 129.45 124.1565007.80 167.05 54.90 - 125.60Adani Trans. 1969.10 2060.15 1995.00 2067.55 1990.00 170.49 2150.00 688.55 - 2061.00AdaniGreenEn 1971.95 1987.35 1982.00 2053.15 1971.00 770.25 2128.90 860.20 1893 1987.55AdaniWilmar 314.30 345.05 326.00 345.70 323.00 9030.12 419.90 227.00 - - ADF Foods 725.85 741.90 727.10 761.00 727.10 15.13 1049.00 700.00 35 742.90AditBirSunLf 506.20 511.25 506.60 512.65 506.50 194.81 722.90 499.25 - - AdityaBirFas 263.00 269.10 266.95 271.40 263.50 1658.25 318.55 163.30 - 268.95Ador Weld 638.30 658.65 639.95 669.90 639.95 10.08 852.10 289.00 22 656.00AdvancedEnz[2] 276.35 278.45 277.80 283.65 277.00 56.09 503.00 263.00 56 278.50Advani Hot [2] 89.10 92.90 92.35 96.40 90.60 391.17 108.20 48.00 - 92.80Aegis Log [1] 200.55 196.60 201.80 205.60 195.35 654.29 394.40 191.90 15 196.85Affle(India) [2] 1206.75 1200.10 1206.00 1239.80 1195.00 305.68 1510.15 768.00 296 1200.25Agarwal Inds 489.05 509.75 500.00 512.00 493.25 92.16 624.95 130.35 19 511.35AgriTech Ind 88.65 93.05 93.05 93.05 93.05 32.57 91.65 30.50 - 91.65Agro Tech 881.00 877.00 874.45 890.95 872.25 1.33 1149.75 750.10 104 878.90AgroPhosInd 20.15 21.85 20.40 22.15 18.55 768.33 34.30 10.45 - - AGSTransTech 104.55 105.65 104.55 108.55 104.55 761.28 181.85 103.20 - - AhladaEnggrs 114.25 116.25 121.70 121.70 114.65 10.33 248.00 65.70 - - Ahluwalia [2] 385.25 380.85 380.45 395.95 375.20 13.48 483.95 270.00 17 384.55AIA Engg [2] 1766.15 1721.90 1775.00 1775.00 1712.00 192.51 2220.00 1712.00 31 1724.75AIRAN 20.55 20.90 20.80 21.35 20.80 120.55 35.95 15.05 - - AIRO LAM 67.20 69.95 66.00 70.00 66.00 2.52 90.10 52.00 - - Ajanta Phr [2] 1860.10 1888.15 1864.80 1918.15 1855.15 369.05 2420.00 1652.95 22 1882.25Ajmera 353.55 349.45 347.20 371.20 338.00 72.93 496.00 97.00 33 352.65AjooniBiotec 59.60 60.55 60.05 62.50 59.85 21.73 85.85 41.90 - - AKGEximLtd 38.40 40.00 39.00 42.20 38.00 27.97 112.70 21.00 - - Aksh Opti [5] 11.25 11.60 10.90 11.80 10.90 544.37 15.89 5.29 - 11.61AksharChem 361.00 372.80 373.65 387.15 361.65 20.24 613.50 223.10 16 373.85Akzo 1917.75 1902.85 1920.00 1945.30 1895.00 14.08 2475.05 1862.15 30 1904.50Alankit [1] 14.35 14.10 14.45 15.10 14.00 1144.61 27.15 11.50 - 14.15AlbertDavid 516.50 543.55 523.95 557.90 523.95 9.80 738.40 371.45 8 539.50Alembic [2] 82.70 82.65 85.00 86.65 82.00 218.81 143.30 82.20 25 82.95Alembic Ph [2] 693.55 718.55 697.05 723.50 696.40 485.51 1090.00 672.00 18 718.15Alicon [5] 784.00 789.20 776.00 800.00 776.00 8.09 998.75 399.45 71 789.30AlkemLabs [2] 3271.00 3265.00 3270.00 3384.60 3249.55 124.09 4067.70 2544.25 21 3259.10Alkyl Amine [2] 2998.05 2999.35 3000.75 3061.75 2980.65 41.84 4740.00 1980.00 56 2995.65Allcargo [2] 329.80 335.45 333.00 341.85 331.20 228.45 412.00 121.25 28 335.45Allied Dig [5] 104.45 105.00 103.20 108.45 102.90 162.44 176.00 38.10 - 104.90Allsec 519.35 505.65 524.80 532.85 500.55 39.41 748.60 289.00 8 507.10Alm.Global [6] 98.95 103.30 101.95 107.95 101.10 22.50 155.20 26.00 64 103.40AlokIndus 24.45 25.05 25.00 25.65 24.9014067.87 35.80 18.70 - - Alpha Lab 68.60 73.55 71.25 74.25 70.35 65.00 108.95 34.95 10 73.75Alphageo 288.65 299.55 292.35 309.60 290.25 24.86 511.00 174.80 8 300.45Amararaja [1] 581.15 586.75 585.00 593.85 581.15 601.30 929.00 568.75 17 587.00AmberEntp(I) 3222.10 3230.25 3233.50 3285.00 3186.05 46.58 3932.10 2685.00 143 3214.95AmbigaAgar 25.75 28.30 25.85 28.30 25.25 59.81 44.40 12.00 11 28.35Ambika Cot 2410.00 2573.50 2475.00 2638.00 2465.05 93.18 2829.00 846.00 9 2571.50AmbujaCeme[2] 337.35 330.95 338.90 340.50 329.60 5312.65 442.95 261.10 31 331.10AMD Ind 46.15 45.60 48.60 48.60 44.80 47.57 59.90 16.45 14 46.00AmiOrganics 870.50 886.25 882.00 907.80 875.80 51.01 1434.45 840.00 - - AMJLandHold[2] 29.20 30.00 29.20 30.25 29.20 13.27 42.50 21.25 - 30.00Amrutanjan [1] 755.35 791.75 757.35 799.45 757.35 17.94 1025.55 481.90 37 789.40AnandRathiWe 560.45 560.90 557.10 572.40 556.40 21.21 654.00 542.60 - - Anant Raj [2] 69.40 69.40 69.85 72.20 69.10 1093.88 85.95 45.40 46 69.40AnantrajGlob 39.45 39.10 39.60 40.60 38.85 377.50 60.75 25.20 - - Andhar Sug [2] 129.30 137.05 130.70 139.00 130.65 602.20 170.70 57.80 14 136.95Andhra Cem 13.75 14.10 14.00 14.45 13.85 208.45 37.40 5.13 - 14.15AndhraPaper 214.00 215.95 215.25 220.00 215.00 12.52 283.70 203.65 - - AndrewYuleCo 22.15 22.60 22.60 23.30 22.35 60.20 29.70 21.15 - - AngelOne 1284.65 1324.00 1314.00 1336.00 1272.00 434.84 1689.00 286.35 - - Anik Ind 26.60 27.50 26.60 27.90 26.50 37.36 39.40 10.82 10 27.50AnjPortCemen 256.05 263.80 259.25 265.90 259.10 13.14 531.00 197.75 11 265.65AnmolIndia 222.95 216.05 226.00 232.00 211.25 292.34 246.00 135.00 - - Ansal Pro [5] 15.30 15.05 15.00 15.65 14.70 506.14 18.35 5.45 - 15.15AntnyWastHdg 274.80 280.80 275.95 310.50 275.95 99.59 455.00 241.00 - - AnupamRasayn 855.00 864.30 875.00 880.85 855.25 33.51 1107.55 474.00 - - Apar Ind 593.85 609.15 612.00 620.00 605.05 45.79 868.45 434.00 12 609.80Apcotex Ind [2] 340.30 336.80 339.70 345.00 333.00 19.65 460.00 168.70 19 336.15ApexFznFoods 267.30 275.85 270.75 279.90 270.75 62.79 435.20 200.00 20 275.60APL Apl [2] 814.00 826.45 819.00 845.40 805.50 299.09 1113.65 470.05 90 826.80Apollo Hsp [5] 4576.05 4610.80 4595.00 4735.00 4590.50 755.05 5930.70 2789.00 104 4608.15ApolloPipes 495.70 482.05 489.80 498.40 476.75 95.88 2000.00 432.00 - - ApolloSindo 782.50 786.15 782.50 791.65 773.10 0.79 1069.70 505.00 - - ApolloTyr [1] 197.75 201.15 199.00 203.55 199.00 2880.09 261.20 191.35 30 201.15Aptech 315.25 319.45 324.90 324.90 316.30 106.87 447.95 184.15 63 319.30AptusValHsg 338.35 341.75 340.00 345.60 339.90 99.87 394.90 278.60 - - Archidply 44.60 43.40 45.40 46.80 42.55 23.48 61.55 27.95 15 43.65Archies [2] 18.00 19.05 18.40 19.80 18.05 147.32 30.00 9.40 - 19.05Aries Agro 133.60 136.35 135.65 140.40 134.30 17.45 193.75 74.70 8 136.45ArihantSuper 164.75 168.55 170.60 170.90 162.10 254.43 206.00 33.05 16 167.75ArihntCapMkt 330.95 334.85 332.00 344.70 332.00 31.26 363.95 111.25 - - ArmanFinServ 760.30 791.55 780.00 809.85 763.65 12.43 1135.00 514.50 74 794.90AroGranite 54.95 58.05 56.95 62.50 56.50 292.48 87.00 36.70 8 58.45ArowGreenTec 97.75 92.90 94.15 96.65 92.90 46.29 179.85 64.25 - 92.60Arshiya [2] 36.70 37.80 37.75 38.15 37.00 203.66 47.40 25.00 - 37.70ArtemsMedSvc 40.65 42.30 40.95 43.00 40.95 26.89 412.80 32.05 - - ArveeLabsInd 73.85 76.85 72.70 77.00 71.25 0.50 108.00 43.55 - - Arvind 115.50 119.65 119.90 121.90 118.70 1648.03 158.65 58.95 12 119.50ArvindFash [4] 274.20 276.45 276.00 282.00 273.40 85.17 364.00 123.20 - 276.25ArvindSmart 200.30 200.25 201.90 211.90 198.00 15.98 258.10 82.55 23 199.55Asahi India [1] 468.20 480.75 472.90 488.50 472.90 154.49 612.70 276.75 38 480.15Asahi Song 244.80 244.90 241.15 255.35 241.15 8.44 442.65 243.85 12 245.55Ashapura [2] 101.45 100.90 103.90 104.70 100.25 42.31 176.30 89.40 80 100.80Ashiana [2] 154.85 155.15 155.00 159.55 154.55 25.29 209.95 106.80 - 155.45Ashima 14.55 15.10 15.00 15.50 14.75 65.81 23.30 13.14 - 15.05Ashok Ley [1] 124.35 124.00 125.00 126.45 123.0018983.67 153.40 106.20 - 124.00Ashoka Bld [5] 90.90 92.05 92.00 93.75 91.00 506.41 125.00 78.40 7 92.10Asian Gran 104.00 106.70 104.00 109.00 104.00 176.84 201.15 103.30 7 106.25Asian Htl-E 202.65 200.50 209.70 209.70 200.10 3.93 239.00 140.00 50 200.40Asian Htl-N 77.15 79.30 80.70 84.05 77.20 42.45 105.80 56.10 - 80.10Asian Paints [1] 3227.15 3237.20 3236.90 3296.90 3230.00 935.90 3588.05 2261.45 102 3239.60AsianEnrgSvc 114.10 119.10 118.10 122.95 115.20 45.78 173.00 111.25 - - Aspinwall&Co 173.10 175.30 170.60 184.40 170.60 6.89 268.30 135.00 - - AssoAlchohol 420.40 437.40 426.45 443.25 423.20 41.10 653.65 340.00 - - Aster Life 1520.65 1515.75 1525.00 1547.60 1509.00 21.39 1842.65 986.85 42 1516.20AsterDMHealt 177.10 178.05 177.30 184.00 176.25 253.62 237.25 132.55 - 178.30Astra Mic [2] 192.05 190.45 193.65 202.00 189.00 192.10 290.55 108.00 33 190.10Astral Poly [1] 1845.00 1914.50 1860.00 1930.00 1841.70 611.39 2525.00 1411.70 90 1915.20AstraZen [2] 2600.80 2629.00 2600.80 2668.45 2600.80 6.72 4580.00 2587.80 108 2632.65AstronPaper 40.80 40.65 42.70 42.75 40.35 43.37 74.40 35.00 13 40.75Atul 9097.80 9274.95 9140.00 9335.00 9131.55 24.0410975.40 6375.00 44 9284.75Atul Auto [5] 173.30 175.45 175.10 179.75 174.00 27.23 270.00 162.60 - 175.60Aurionpro 302.95 302.35 304.90 318.00 298.75 50.69 390.40 79.05 29 301.90AurobindoPh [1] 637.55 637.05 640.00 644.65 634.30 1200.53 1063.75 590.25 24 635.65AurumProptec 115.30 116.10 116.10 119.40 114.55 140.42 223.20 70.80 - - AUSmallFinBk 1261.00 1273.45 1274.00 1290.00 1262.00 612.00 1420.65 910.00 42 1273.65Ausom 64.35 67.20 64.75 69.30 64.65 17.77 118.15 44.00 42 66.75Auto Axl 1443.05 1508.50 1501.00 1534.00 1482.10 24.49 1650.00 945.00 37 1509.70AvadSug&Egy 537.20 560.50 545.30 570.00 545.30 227.39 684.30 175.00 9 558.65Avanti Feeds [1] 522.80 519.00 532.00 532.00 514.00 127.12 675.00 411.85 37 518.35AvenuSupmart 4157.10 4193.45 4165.00 4217.70 4135.00 360.45 5899.90 2677.00 171 4196.00AVT Natl [1] 85.55 91.65 86.15 94.00 86.15 511.14 109.95 41.60 21 91.50Axis Bank [2] 779.15 777.20 783.50 785.50 772.25 6303.17 866.60 626.40 21 777.20AYM Syntex 109.80 113.95 112.60 115.00 111.35 24.70 158.50 41.00 10 113.60
B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .BafnaPharma 132.25 132.90 129.50 143.00 128.00 268.68 196.10 113.30 - - Bajaj Auto 3600.70 3580.30 3615.10 3639.90 3570.00 209.39 4347.95 3028.35 21 3579.00Bajaj Elect [2] 1128.70 1084.35 1130.00 1170.00 1080.00 250.18 1588.55 895.30 71 1085.65Bajaj Hind [1] 13.35 14.00 13.40 14.00 13.40 3187.83 24.75 5.20 - 14.05Bajaj Hld 5198.70 5227.65 5249.00 5279.95 5182.00 25.47 5654.00 3145.00 36 5228.70BajajConCare[1] 163.55 166.00 163.10 167.60 163.10 391.94 323.50 162.30 13 166.25BajajFin [2] 7011.35 7044.55 7060.00 7117.35 7027.45 795.23 8043.50 4361.60 81 7050.20BajajFinserv [5] 16189.45 16133.60 16390.00 16390.00 16035.05 241.83 19319.95 8962.20 446 16146.45BajajHealth 373.90 390.90 378.40 397.65 376.20 121.09 496.30 290.90 - - Bal Phr 100.55 119.65 102.80 120.65 102.05 392.59 148.50 50.45 17 120.15Balaji Amn [2] 2787.30 2905.25 2830.00 2925.00 2829.00 95.19 5220.00 1553.85 31 2902.50Balaji Tele [2] 78.15 77.15 78.90 80.90 76.20 641.50 88.95 51.00 - 77.15BalaxiVentre 407.15 411.25 404.55 427.00 404.55 1.19 747.00 392.20 - - Balkrishna [2] 1898.90 1905.70 1912.00 1937.75 1889.00 246.04 2724.40 1516.80 26 1903.60BalmerLaw 119.60 121.75 119.90 122.75 119.90 255.34 170.95 111.75 14 121.60Balrampur [1] 397.25 407.75 400.00 411.90 396.00 3741.87 459.25 168.90 18 407.70Ban.Amn.Sp [5] 70.95 72.80 72.90 74.30 72.50 113.55 100.60 37.47 8 72.85Ban.Amn.Sug 2374.40 2368.10 2387.85 2401.15 2331.25 4.52 3049.05 1510.00 38 2373.65Banar.Beads 82.45 83.20 83.20 85.70 82.45 9.44 116.00 44.20 21 83.00Banco Ind [2] 146.20 148.30 147.80 152.40 147.80 61.13 225.00 137.70 11 148.65BandhanBank 307.60 315.45 309.00 317.75 308.35 5019.19 371.15 229.65 - 315.35Bang Over 34.95 34.05 36.35 36.35 33.30 19.64 54.85 25.00 12 34.30BankofBarod[2] 104.85 107.75 105.00 108.95 104.8562092.14 118.85 61.80 12 107.70Bans.Syn 206.40 208.35 215.95 216.00 205.15 33.26 318.00 82.20 8 209.15BarbequeNatn 1240.50 1264.40 1248.00 1282.10 1248.00 21.51 1945.95 481.85 - - BASF 2748.00 2785.70 2730.00 2849.30 2730.00 65.05 3926.95 1876.95 24 2783.15Bata India [5] 1883.50 1867.50 1895.00 1906.50 1858.35 457.01 2261.65 1265.00 356 1867.80Bayer Crop 4331.55 4326.50 4344.95 4369.80 4325.50 7.29 6127.45 4321.90 38 4327.30Beardsell [2] 14.25 13.55 13.55 14.10 13.55 637.34 23.50 7.99 - 13.55Bedmutha 69.95 73.25 67.40 73.40 67.40 13.76 93.80 20.05 1 73.00BEL [1] 197.35 199.00 197.40 200.55 197.40 3381.78 227.95 115.90 19 199.00BEML 1509.30 1592.05 1524.95 1600.00 1520.05 273.31 2084.00 958.00 41 1592.20BergrPaintIn [1] 727.05 730.25 727.05 738.00 727.05 331.80 872.00 675.00 96 730.05BestAgrolife 888.30 902.15 881.55 922.00 881.55 109.75 1407.80 202.35 - - BF Inv [5] 291.05 297.00 292.95 302.60 292.95 7.28 445.95 260.00 34 297.30BF Util [5] 339.05 346.55 344.25 351.00 344.25 95.42 538.95 227.40 - 346.35BGR Engy 76.85 78.10 77.40 80.90 77.10 182.75 124.50 41.10 - 78.10Bhageria Ind [5] 223.60 225.25 224.75 234.85 224.05 17.50 328.55 146.25 14 224.95BhagiradaChm 995.00 997.05 1039.20 1039.90 990.10 1.22 1130.00 719.15 - - BhagngrInd [2] 44.90 45.55 46.20 47.40 45.15 26.41 65.00 34.90 - 45.65BhagyangrPr[2] 30.70 31.05 30.90 32.00 30.40 10.13 39.90 24.60 - 31.25Bhans.Eng [1] 137.00 135.20 137.15 140.45 135.00 377.47 221.80 125.50 5 135.35Bharat Bij 1703.30 1709.85 1711.85 1740.00 1700.00 4.29 2169.00 1068.00 17 1710.85Bharat For [2] 691.00 704.35 699.30 711.95 691.05 1064.20 848.00 555.60 33 704.25Bharat Gea 142.35 142.10 143.10 148.25 140.60 38.69 190.20 65.80 7 142.55Bharat Ras 12249.55 12185.55 12101.00 12410.00 12101.00 2.01 15100.00 9206.00 31 12199.50Bharat Wire 69.75 70.10 66.70 72.00 66.70 55.18 87.00 33.50 13 70.05BharatDynamc 444.40 436.90 443.50 446.85 435.00 229.44 535.70 321.50 16 436.90Bharti Air [5] 699.25 704.40 700.10 708.95 699.50 4124.47 781.90 490.15 - 704.25Bharti Infr 252.55 268.60 257.00 271.55 252.50 24.73 383.00 131.05 29 268.00BHEL [2] 49.45 49.65 49.75 50.90 49.5531779.04 79.50 39.50 - 49.70BigBlocCons[2] 75.85 76.45 76.00 79.30 76.00 106.41 92.50 15.44 62 76.50Biocon [5] 384.30 395.45 384.10 397.15 383.45 2297.26 424.10 314.90 - 394.85BioflChm&Pha 61.55 63.05 61.50 65.75 61.50 34.05 107.00 55.00 - 63.30BirlaCable 110.55 132.15 119.85 132.65 115.05 1429.84 144.45 54.00 23 132.00BirlaCorp 1080.65 1097.70 1098.00 1114.00 1086.00 136.08 1649.00 753.55 23 1093.95Birlasoft 416.70 414.80 421.50 425.05 413.50 1928.53 585.85 215.90 - - BirlaTyres 22.20 22.90 22.60 23.40 22.55 187.53 31.95 21.00 - - Bk of Ind 50.20 51.00 51.00 51.50 50.65 2991.22 90.10 48.80 7 51.05Bk of Mah 18.00 18.45 18.40 18.55 18.25 2841.33 31.95 17.25 13 18.40BL Kash [1] 23.20 24.10 23.80 24.35 22.20 379.11 33.00 13.60 14 24.25BlackBox 862.95 846.75 850.50 927.30 807.30 34.81 1750.00 768.10 - - Bliss GVS [1] 75.80 73.65 76.50 78.45 73.00 739.38 190.00 73.15 10 73.60BLSIntlServ [1] 209.50 212.30 209.40 218.70 208.10 161.82 309.25 81.00 - 212.25Blue Dart 6104.25 6100.15 6148.00 6172.10 6048.80 17.24 7499.00 4170.00 41 6102.35BlueStar [2] 1068.80 1055.10 1077.00 1125.50 1039.95 125.69 1134.90 701.00 76 1060.30Bodal Chem [2] 100.30 101.60 100.85 103.90 100.60 258.15 150.00 67.30 9 101.65Bomay Bur [2] 963.55 988.70 968.10 1003.80 964.10 53.60 1424.40 960.00 - 989.15Bombay Dye [2] 100.00 102.25 101.95 105.20 101.50 3323.18 129.80 64.50 - 102.30Bombay Ray 7.05 7.30 7.10 7.40 7.10 208.98 13.31 5.60 - 7.40BombySuprHyb 327.50 341.30 341.00 345.00 329.65 1.16 484.00 129.35 - - BorosilRenew 554.30 568.05 557.00 580.50 557.00 360.62 747.90 213.25 - - Bosch 15970.15 15951.40 15970.00 16213.10 15840.00 20.42 19244.50 13230.00 35 15958.95BPCL 355.30 357.10 358.50 360.80 356.20 2818.07 503.00 349.40 6 357.20BPL 55.70 56.60 57.55 58.20 56.40 59.10 176.65 19.00 - 56.65BrandConcept 70.40 67.50 67.95 73.85 67.10 16.54 82.15 53.25 - - Brigade 492.60 498.35 496.00 508.30 491.30 455.74 542.90 230.90 34 499.30Britannia [1] 3489.75 3511.15 3497.75 3530.00 3470.00 326.85 4152.05 3325.00 55 3507.30Brooks Lab 82.95 85.95 82.90 89.70 80.60 25.74 155.00 49.95 - 86.95BSE 2064.20 2077.80 2094.90 2148.25 2072.00 852.90 2373.70 535.50 - - BSL 95.80 100.55 98.80 100.55 96.65 14.30 134.80 29.50 8 100.10BtrflyGandhi 1387.20 1397.45 1399.00 1419.50 1387.25 888.57 1419.00 478.00 56 1395.90
C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Cadila HC [1] 366.45 371.70 367.00 376.65 367.00 1591.42 673.70 355.70 34 371.60Calif.SW 39.80 37.85 37.90 39.60 37.85 87.80 52.80 7.87 9 37.95Camlin Fine [1] 128.50 128.95 129.10 132.35 127.15 166.74 230.80 116.30 - 128.85Canara Bk 230.45 229.15 232.00 235.25 228.20 8640.47 272.80 124.35 7 229.10CanFinHom [2] 586.45 589.80 591.80 605.00 584.20 607.24 721.25 468.10 17 590.00Cantabil 849.35 840.70 852.30 868.95 825.00 29.11 961.15 346.30 37 845.80CapaciteInfr 130.95 131.10 134.70 135.60 129.00 113.03 251.05 123.70 15 131.35
CapitalTrust 114.20 115.15 114.40 120.40 114.05 6.91 153.85 70.60 - 115.10Caplin Point [2] 733.25 724.25 740.20 746.85 719.10 47.68 1034.00 402.00 29 726.15CapriGlo [2] 593.70 590.00 598.90 598.90 585.65 202.03 629.95 335.00 72 590.25CARE 520.35 520.15 523.00 527.40 518.10 81.05 791.15 410.00 20 520.85CarrerPnt 112.00 112.90 112.95 115.10 108.45 25.26 184.40 98.00 20 113.45CartradeTech 561.05 545.35 570.10 575.80 541.00 258.26 1618.00 538.00 - - CastrolIndia [5] 112.20 111.35 112.55 113.80 111.10 861.18 154.90 111.10 14 111.35CCL Prd [2] 455.70 454.50 464.00 464.90 451.10 296.55 514.90 225.00 37 454.80Ceat 994.60 991.00 996.00 1005.00 988.25 53.65 1683.25 987.00 21 991.00CEEBCO 40.00 41.95 41.00 42.30 40.40 139.83 59.50 14.60 32 41.85CEInfoSystem 1346.20 1421.75 1392.00 1455.00 1380.35 568.55 1917.40 1267.05 - - Cent Enka 483.80 505.25 495.00 515.00 490.15 76.95 638.95 233.10 6 505.70Cent.Bk 19.00 19.20 19.05 19.50 19.05 2111.00 29.65 15.80 - 19.20Cent.Elec 443.75 432.45 445.00 459.50 428.30 11.94 659.20 350.00 - 431.45Cent.Ext [1] 10.20 10.45 10.30 10.75 10.15 208.17 15.77 3.86 - 10.45Cent.Ply [1] 594.80 604.70 600.00 613.35 600.00 153.59 714.95 282.80 42 603.70Cent.Txt 751.95 775.40 764.05 793.75 763.80 338.66 1025.00 434.60 58 775.00CentDepoSer 1375.15 1383.50 1376.00 1416.50 1376.00 484.75 1734.40 565.50 - - CentrumCap [1] 27.05 27.20 27.30 28.05 27.00 270.71 58.50 22.00 - 27.30Cera San [5] 4172.25 4221.10 4180.00 4411.75 4162.65 31.59 6430.45 3589.05 39 4221.50Cereb.Int 79.05 77.90 79.70 82.35 77.10 294.98 99.00 46.55 35 78.15CESC [1] 75.95 76.15 76.50 79.15 76.00 2730.42 102.45 57.50 12 76.20CGPowr&InS [2] 169.25 174.75 170.00 176.80 169.40 1822.57 209.05 53.90 28 173.10ChaletHotels 272.45 262.15 273.00 282.00 258.00 834.10 301.40 125.05 - 261.55ChamanLalSat 89.95 90.70 93.60 93.60 89.05 23.90 155.00 85.00 - - Chamb.Frt 366.80 380.30 371.20 382.40 370.15 1337.99 485.00 207.30 13 380.00ChembondChem 181.40 180.25 184.10 185.30 178.10 6.90 251.15 120.00 60 182.05ChemconSpecl 293.35 297.15 293.00 305.10 293.00 41.70 569.40 290.25 - - ChemfabAlkal 182.40 182.20 186.00 186.95 180.15 9.79 239.00 115.00 - - ChemplastSan 477.05 470.90 482.00 488.45 463.15 570.74 826.00 463.15 - - CholaFin [2] 691.60 684.30 697.95 703.90 681.75 2788.94 701.75 466.80 33 684.80CholamandFn[1] 660.10 647.55 679.95 679.95 640.55 32.06 763.05 545.00 237 652.35Cigniti Tech 521.60 537.80 512.25 545.25 512.25 142.64 677.00 310.60 35 537.95Cineline Ind [5] 94.45 97.45 98.00 98.95 96.20 11.69 131.30 27.50 - 97.35Cinevistaas [2] 13.25 12.60 13.00 13.60 12.60 110.53 24.48 5.70 - 12.61Cipla [2] 913.40 914.90 915.25 921.30 910.25 1399.31 1005.00 738.25 27 915.75CitiUn Bk [1] 128.30 129.30 128.90 130.30 128.30 1733.14 189.60 124.90 14 129.20Clari.Chm 485.40 486.15 487.10 487.85 485.00 22.66 642.20 365.05 30 485.65CleanSci&Tec 1862.35 1873.30 1880.00 1913.70 1850.00 130.76 2705.00 1422.10 - - CLEducateLt[5] 122.65 118.60 126.90 127.90 116.60 48.81 137.00 32.10 - 119.35CMSInfoSystm 240.50 242.60 244.40 251.45 240.65 1277.03 317.45 215.10 - - Coal India 159.90 158.50 160.35 162.30 158.20 7627.47 203.85 123.45 10 158.55CoastalCorpn 337.05 367.45 349.00 402.00 343.00 313.31 564.50 237.75 - - CochinShip 301.60 302.20 303.15 306.50 301.40 107.66 433.75 300.00 8 302.25CoffeeDayEnt 59.20 59.75 61.45 62.00 59.50 1962.37 86.70 23.25 - 59.75COFORGE 4418.10 4436.65 4455.00 4494.10 4390.00 146.70 6135.00 2300.00 - - Colgate [1] 1422.80 1432.25 1427.00 1435.15 1420.00 268.52 1823.00 1375.55 36 1432.80CompuageInf[2] 30.90 31.85 31.80 32.50 31.50 275.22 47.20 14.50 9 31.75ComputerAge 2339.45 2312.15 2352.00 2399.95 2301.30 190.35 4067.40 1701.00 - - Con.FinHld 183.40 177.50 180.00 183.90 175.25 48.01 78.40 26.55 - - Concor [5] 574.65 585.20 578.25 593.85 576.50 891.35 754.10 528.05 46 585.00ConfdnPetInd[1] 68.80 69.30 69.85 71.05 68.00 293.44 95.40 37.20 21 69.60ControlPrint 363.75 359.50 365.00 369.40 358.00 10.81 444.80 219.35 16 360.40CoralIndFin [2] 36.70 38.70 37.05 41.50 36.35 159.29 58.50 19.05 9 38.80Cords Cab 51.35 52.20 51.90 54.45 51.70 28.71 83.40 38.00 10 52.10Corom.Intl [1] 790.80 790.85 791.50 797.60 784.05 146.41 955.95 709.55 17 790.30Cosmo Film 1503.40 1549.95 1529.95 1564.15 1529.45 44.37 1888.00 471.60 10 1549.40CPCL 100.75 102.55 101.10 103.30 101.10 159.40 151.80 93.00 3 102.40CraftsmnAuto 1988.65 1982.90 1985.00 2036.00 1965.60 6.09 2778.00 1245.00 - - CrdtacsGramn 703.30 700.45 718.00 719.90 694.60 48.49 807.55 495.30 36 700.30CreatPer&Dis[5] 3.65 3.65 3.70 3.70 3.65 5.00 6.14 2.57 - 3.61CreatPer&Dis 545.65 555.10 540.00 572.90 537.00 28.25 743.95 83.90 - - Crisil [1] 2771.85 2740.40 2758.05 2817.00 2719.30 23.08 3496.00 1742.35 46 2747.20CromGreCon [2] 380.00 407.80 378.00 410.75 375.85 8360.20 512.05 350.35 39 408.40CrownLifters 26.05 24.75 25.10 27.35 24.75 19.39 38.65 24.75 - - CSBBank 229.70 228.95 235.00 235.00 225.85 157.15 372.95 202.15 11 228.85CubexTub 25.60 25.25 25.00 25.95 24.55 9.71 38.85 16.05 17 25.60CUMI [1] 853.15 854.10 845.35 879.20 845.35 122.42 1033.95 438.55 63 854.55CumminsInd [2] 950.25 965.50 963.00 974.95 952.55 323.26 1065.00 720.85 34 964.70Cupid Ltd 209.95 212.35 214.70 214.70 210.50 10.40 272.00 202.00 14 211.85Cybertech 159.60 170.60 162.00 174.15 162.00 237.64 245.70 113.00 56 170.10CYIENT Ltd [5] 840.05 831.00 842.90 855.10 825.00 144.18 1292.00 625.00 28 830.60
D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .D P WIRES 309.15 312.80 318.45 318.45 307.30 3.19 385.80 101.30 - - Dabur [1] 550.05 543.25 550.05 551.00 540.60 940.99 658.75 483.00 67 544.30Dalm.B.Sug [2] 387.20 401.85 392.95 407.00 392.85 89.27 516.00 145.50 11 401.95DamodarInd [5] 56.90 58.75 56.10 60.60 56.10 29.53 78.75 21.50 7 58.75DangeeDums 231.20 226.35 232.00 235.00 225.55 15.88 249.90 127.00 - - Datamatics [5] 258.55 255.60 259.00 277.50 254.00 337.34 382.40 108.00 21 255.80DataPatrnInd 597.60 615.00 604.00 624.80 604.00 117.97 864.00 584.25 - - DB Corp 83.00 84.05 83.20 85.20 83.20 62.09 124.60 76.05 9 83.75DCB Bk 73.75 72.20 77.50 77.60 71.20 2585.75 119.65 71.40 9 72.25DCM 101.80 101.65 98.05 106.95 97.55 25.52 145.05 23.00 32 101.65DCMNouvelle 240.80 252.15 237.50 252.80 237.50 62.44 385.10 65.10 4 250.75DCMShriram [2] 956.85 985.10 965.00 995.00 965.00 77.94 1249.95 452.10 17 985.65DcmShrirmInd 93.00 96.65 96.05 100.75 95.30 272.64 116.75 82.00 - - DCW [2] 38.95 40.00 39.15 40.85 39.15 299.22 65.95 23.75 18 40.00Deccan Cem [5] 549.45 560.60 580.00 580.00 556.95 8.44 846.25 378.00 7 561.00DeepEneResou 39.80 40.40 41.70 41.70 40.25 10.96 62.70 30.50 - - DeepIndust 182.30 183.55 183.00 189.00 182.00 80.74 225.60 57.30 - - Deepk.Fer 513.75 539.40 524.95 539.40 520.00 429.04 661.90 153.60 36 539.40Deepk.Ntr [2] 1978.55 2014.40 2005.00 2052.80 1995.00 801.63 3020.00 1255.80 62 2013.40DelphWrldMon 435.55 440.90 442.00 451.50 435.00 1.98 818.00 415.95 - - Delta Corp [1] 257.85 268.00 261.50 269.50 260.30 3911.33 308.55 142.00 73 268.30Delta Mag 64.80 64.40 69.35 69.40 63.25 11.47 111.35 26.25 - 63.90Den Net 39.30 39.70 39.50 40.60 39.50 781.33 65.30 37.35 11 39.70DevInfoTech 112.65 113.45 112.00 114.50 107.05 13.20 140.30 107.05 - - DevyaniInter 156.30 155.55 158.85 161.75 153.95 2713.34 198.90 107.55 - - DFMFoods [2] 273.45 271.45 274.85 276.60 270.40 32.35 452.80 260.00 - 271.90Dhamp.Sug 363.80 387.35 369.90 390.00 368.70 714.27 431.50 168.40 11 387.25DhaniService 82.75 74.50 79.00 84.65 74.5038056.01 378.90 74.50 - - Dhanlk.Bk 13.00 13.10 13.25 13.25 13.05 331.27 20.20 12.93 - 13.12Dhanuka Ag [2] 675.30 681.50 679.00 697.95 679.00 37.90 1053.15 665.10 16 682.25DhrmsiMorarj 347.00 370.60 355.00 384.00 354.80 43.73 413.75 294.55 - - DhruvConsult 53.70 54.50 57.50 57.50 50.65 3.53 84.35 47.70 - - Dhun.Inv 623.85 644.90 626.00 677.65 626.00 5.44 865.00 241.00 77 647.30Dhunseri Tea 243.25 241.20 248.90 252.95 234.60 11.33 405.20 155.07 8 242.45DhunseriVent 224.90 235.35 225.00 241.50 225.00 42.60 350.00 85.05 - - DIC India 373.50 391.40 398.65 398.65 379.30 3.00 549.00 367.50 29 390.70DigispiceTec 32.65 35.85 33.00 35.90 32.25 131.89 60.70 32.00 - - DIGJAM 150.70 157.40 144.35 158.20 144.35 15.46 362.30 29.15 - - DilipBuildco 269.45 268.35 284.80 284.90 265.20 2947.95 749.30 265.30 - 268.55Dish TV [1] 15.20 15.15 15.20 15.70 15.10 3113.55 23.44 8.55 - 15.20DishmanCarb[2] 169.20 172.10 171.00 177.60 170.60 246.75 259.50 102.55 - 171.55Divi'sLabs [2] 4224.80 4181.60 4232.00 4258.65 4173.15 379.33 5425.00 3154.50 44 4181.55DixonTec(In) [2] 4159.50 4237.45 4200.00 4285.00 4180.00 381.40 6240.00 3344.45 157 4237.20DLF Ltd [2] 324.35 344.20 330.15 345.45 328.9516434.37 449.80 231.95 54 344.20D-Link [2] 141.95 143.30 144.75 147.40 142.50 179.61 193.95 94.80 13 143.25DodlaDairy 432.65 437.35 431.50 445.00 427.00 12.98 674.80 425.00 - - DolatAlgotec 77.95 79.20 80.00 80.55 78.60 65.54 127.90 51.35 - - DollarInd [2] 499.85 534.40 502.35 539.00 502.35 155.31 665.70 225.90 24 532.55Donear [2] 61.35 61.65 64.30 64.30 61.05 11.73 76.50 25.25 19 61.80DPAbhushan 367.15 383.85 362.30 389.95 362.30 5.43 477.80 105.10 - - DPSC 13.55 14.20 13.55 14.20 13.30 169.11 31.15 11.55 - - Dr Reddy [5] 4218.50 4200.95 4260.00 4260.65 4190.85 371.48 5613.65 4135.90 46 4198.75Dred.Corp 319.30 324.35 320.00 329.50 320.00 42.81 475.00 297.00 - 324.80DrLalPathLab 2667.65 2664.45 2710.55 2726.90 2644.65 204.17 4243.00 2162.00 62 2673.40Dwarikesh [1] 82.20 88.45 83.70 89.40 83.65 4151.95 104.00 26.85 12 88.45Dynac.Sys 173.45 207.15 175.00 208.10 175.00 255.14 267.00 60.55 18 206.50Dynamatic 1901.50 1904.35 1930.00 1979.85 1899.00 4.69 3447.85 785.00 35 1908.55DynemicProd 526.90 552.65 531.50 556.10 530.60 37.45 770.25 355.05 25 552.25
E . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .EasyTripPlnr 549.15 550.40 560.00 567.85 547.00 378.64 717.65 161.00 - - Eclerx 2106.40 2217.05 2123.95 2229.50 2123.90 71.33 2970.00 905.00 22 2218.00EdelFinSer [1] 60.00 59.80 60.20 61.90 59.50 765.89 100.80 56.70 4 59.85EicherMotor [1] 2725.50 2706.65 2733.90 2748.50 2697.90 479.28 2995.35 2303.75 49 2708.10EID Parry [1] 396.20 420.05 400.10 422.00 400.10 518.48 574.00 303.00 30 419.90EIH [2] 130.65 131.45 131.90 134.90 131.00 577.06 155.00 81.35 - 131.95EIH A Htl 367.10 367.75 368.95 378.65 364.30 25.33 449.95 207.35 123 368.20Eimco 331.85 329.55 332.50 339.85 325.00 1.79 539.75 314.05 38 329.55Elec. Eng [2] 143.15 147.40 145.00 154.80 144.75 385.33 219.00 51.05 20 147.00Elec.Stl.Cs [1] 37.15 37.70 37.70 38.80 37.15 966.89 48.00 22.00 12 37.65Electrotherm 109.90 114.90 112.55 116.15 110.95 28.44 197.90 96.20 2 114.65Elgi Eqp [1] 325.90 351.55 326.00 364.70 325.00 3223.91 422.70 160.30 63 351.90Elgi Rbr 33.10 33.55 33.80 34.95 32.85 63.55 49.80 24.55 - - Emami [1] 494.95 480.25 495.60 498.00 474.60 156.68 621.35 443.00 37 481.35EmamiPapMi [2] 133.70 135.10 135.00 138.90 134.50 50.96 214.90 91.15 9 135.00Emkay Glo 103.70 107.45 107.80 109.30 106.80 35.71 147.50 59.60 15 107.10Emmbi Ind 94.90 95.90 95.05 98.00 94.10 39.19 125.00 72.15 10 96.05EnduranceTec 1364.20 1359.85 1371.40 1394.80 1350.05 31.00 1980.95 1250.00 45 1359.25Eng.India [5] 61.65 62.00 62.00 63.20 61.80 646.36 93.60 61.30 16 62.10Ent.Net.Ind 189.25 187.20 193.10 195.95 186.90 22.28 226.95 140.00 125 186.80EPL 162.20 164.00 166.00 166.50 163.00 177.85 291.95 158.00 - - EqitsSmlFnBk 53.90 54.20 53.90 55.15 53.85 506.97 76.80 45.30 - - EquipSocImpT 68.50 73.85 66.00 75.35 65.60 36.08 142.30 2.05 - - Equitas Hold 110.15 110.90 112.85 113.55 110.20 250.70 144.85 73.00 - 110.85ErisLifeSci [1] 685.05 678.55 688.25 707.70 659.75 86.85 863.15 568.05 23 676.50Eros Intl 24.60 24.90 24.25 26.00 24.25 215.99 36.95 16.35 - 24.90Esab Ind 2715.90 2777.00 2729.50 2930.00 2670.00 5.72 3610.00 1750.00 52 2784.95Escorts 1860.05 1858.20 1861.95 1865.75 1855.05 865.90 1927.35 1100.10 30 1859.00Ester [5] 128.95 131.90 129.25 134.90 129.25 85.23 164.60 100.95 8 131.95EuroFrshFood 108.50 106.80 110.70 113.45 104.00 4.54 153.95 104.00 - - Ever.Kanto [2] 198.85 201.05 194.00 204.70 191.50 823.56 291.15 67.15 12 201.00Everady [5] 347.65 360.30 345.30 374.90 345.30 1229.10 413.30 228.90 10 361.05Everest Ind 663.10 660.70 667.60 718.00 646.15 314.71 775.00 275.00 20 660.00Excel Ind [5] 1184.75 1230.50 1219.65 1250.00 1199.05 54.37 1375.00 776.95 11 1229.50Exide [1] 151.10 152.95 152.50 154.10 152.45 1875.62 220.60 148.30 16 152.95ExpleoSolu 1417.35 1456.50 1400.00 1494.00 1400.00 24.22 1874.00 469.00 - - ExxaroTiles 115.05 121.95 117.00 124.00 116.95 119.52 172.70 98.45 - -
F . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .FACT 112.25 113.30 113.05 117.30 112.30 236.63 160.00 75.75 22 113.00FaircheOrgan 1622.65 1649.40 1630.00 1669.95 1630.00 17.46 2274.80 581.00 - - FDC [1] 280.05 275.10 281.50 284.95 274.50 156.77 404.90 260.00 19 275.05Fed Bk [2] 99.45 100.30 99.45 102.10 99.4521482.75 107.65 70.00 12 100.30Fed.Goetze 249.30 251.50 249.35 256.15 247.15 208.49 358.20 207.10 26 251.25FiberwebInd 42.85 44.20 43.20 45.85 42.95 38.48 52.45 41.00 - - Fiem Ind 978.00 1005.65 995.00 1018.40 990.30 25.67 1377.70 524.95 15 1004.25Filatex [2] 111.65 115.35 114.50 119.50 114.05 805.91 142.30 61.50 8 115.25Fin.Cable [2] 443.60 434.30 455.00 458.10 429.40 135.09 608.65 350.60 17 435.00FineOrgInd [5] 3783.15 3963.35 3760.00 4009.75 3760.00 26.21 4174.10 2130.00 72 3957.45FineotexChe [2] 157.25 158.60 159.80 164.70 156.50 670.45 180.30 56.60 42 158.60Fino.Ind [2] 151.80 152.90 152.00 161.00 152.00 552.91 268.00 120.00 11 153.15FinoPaymntBk 279.10 268.45 279.10 292.55 265.10 1559.61 582.95 265.10 - - Firstsource 121.60 127.30 123.40 129.30 121.90 6357.50 242.65 97.95 21 127.30FocusLtg&Fix 115.25 109.50 109.50 109.50 109.50 3.19 129.95 71.25 - - Foods&Inns 84.35 88.45 86.30 90.85 85.00 47.89 125.00 79.00 - - ForceMotors 1025.60 1062.50 1030.10 1090.00 1030.10 20.39 1740.00 1014.15 - - Fortis Hlt 249.35 245.40 249.35 252.00 243.30 1112.02 313.80 157.00 - 245.15Foseco 1328.05 1331.30 1334.70 1347.35 1318.05 0.47 1790.00 1126.85 26 1332.70FSNECommVent 1331.05 1371.70 1384.00 1406.50 1350.15 1365.47 2573.70 1219.05 - - Fut. Life [2] 47.25 52.85 48.95 55.50 47.90 517.07 89.55 43.55 - 52.75Fut. Mkt 8.30 9.05 8.25 9.10 8.25 190.73 21.00 7.50 - 8.99FutEntpDVR [2] 11.75 12.30 11.50 12.70 11.50 21.57 16.89 9.75 - 12.37Future Cons 6.70 7.05 6.75 7.20 6.75 5983.51 11.95 5.85 - - FutureEntp [2] 8.30 8.50 8.30 8.70 8.20 1268.83 13.92 7.61 - 8.46FutureRetail [2] 44.55 47.10 44.60 48.00 44.60 4062.98 76.25 40.60 - 47.15FuturSuplyCh 62.80 64.35 64.20 66.95 60.40 99.31 121.95 59.35 - 64.40
G . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Gabriel [1] 112.70 113.05 111.05 114.00 109.85 1256.04 168.00 99.90 18 113.00Gail(India) 134.55 138.25 135.05 139.90 135.0011299.80 171.35 125.20 6 138.40GalaxSurfact 2845.30 2810.20 2845.30 2849.70 2794.00 10.36 3600.00 2030.00 76 2806.65Gallant Isp [1] 46.80 54.05 47.95 56.00 47.00 238.67 69.90 33.65 16 53.60Gallant Mtl 60.45 61.05 61.30 63.90 60.30 74.84 88.00 42.80 7 60.75Gandhi Tub [5] 331.70 333.60 333.90 343.45 331.75 1.55 557.85 240.00 9 333.50Ganesh Hsg 187.95 186.95 193.70 193.70 184.00 31.08 243.50 47.10 - 186.50Ganesha Ecos 644.00 649.15 644.40 657.00 639.30 51.37 742.30 460.00 22 651.50GaneshBenzop 90.20 92.25 92.20 94.00 89.85 83.39 114.95 76.10 - - GangaForging 15.85 16.10 16.00 16.85 15.70 814.19 147.25 13.65 - - GangesSecu 99.30 119.15 100.50 119.15 100.50 363.79 119.30 56.00 19 119.30GardenReach 210.80 219.70 210.00 223.35 210.00 166.90 279.80 167.65 12 220.15GarwareHiTec 613.45 680.35 615.15 695.95 615.15 95.79 889.00 606.05 - - GarwarTecFib 2850.10 2856.40 2864.40 2875.35 2805.50 18.77 4033.40 2285.15 39 2853.15Gati [2] 150.40 156.60 152.85 158.65 152.55 591.69 221.75 89.50 - 156.20Gayt. Proj [2] 24.85 24.85 25.25 25.85 24.70 413.54 60.65 21.65 - 24.85GE Ship 315.00 314.95 317.00 317.70 314.05 365.75 477.00 265.05 7 314.90GE T&DInd 90.00 91.45 91.35 95.80 90.65 196.35 153.80 88.35 - - Geecee 168.55 192.40 171.95 195.70 171.95 852.34 211.25 91.20 19 192.15GeewayWires 71.25 71.90 73.90 73.90 71.05 9.49 112.90 66.05 - - Genesys [5] 462.30 485.40 482.00 485.40 460.05 203.82 490.50 71.45 96 490.50GenInsCorpIn[5] 122.30 122.05 123.05 125.00 121.55 246.86 243.70 117.50 15 122.05GenricEngCon 34.65 36.00 34.60 36.85 34.60 16.95 68.00 32.50 - - Genus P&B [1] 13.20 13.60 13.15 13.90 13.15 168.38 16.42 6.25 - 13.71Genus Pwr [1] 66.55 65.60 68.50 69.00 64.65 760.20 93.85 37.05 38 65.65GeojitFinSer 66.85 68.30 67.00 69.90 67.00 416.18 102.70 43.55 - - GEPowerIndia 151.35 158.80 150.35 164.15 150.35 172.30 371.80 146.85 - 158.85GFL 65.00 65.70 65.75 66.50 65.35 27.45 118.00 60.50 - - GHCL 390.20 423.15 396.00 434.70 394.30 279.80 488.00 208.00 8 421.05GIC Hsg 135.15 135.70 136.75 140.55 135.00 85.48 202.50 104.60 4 136.10Gillander 65.00 66.85 67.05 67.30 63.70 17.68 74.50 36.10 10 66.95Gillette 4961.45 4997.65 4971.00 5008.95 4950.00 4.87 6270.05 4890.80 57 4996.70Ginni Fil 44.20 46.50 44.20 47.00 44.20 164.63 63.65 18.00 8 46.45GKW 565.15 571.10 588.00 588.00 570.10 0.35 922.40 460.10 - - GlandPharma 3246.10 3356.10 3280.00 3400.00 3270.40 190.25 4350.00 2308.55 - - Glaxo Phr 1525.50 1567.35 1528.00 1570.15 1528.00 30.36 1917.00 1379.00 51 1564.00Glenmark [1] 441.55 452.50 444.20 455.95 443.25 802.54 690.60 439.70 7 452.20GlnmarkLifSc 480.15 481.00 492.00 492.00 479.45 46.02 799.00 477.00 - - Glob.Spr 1188.20 1277.75 1207.35 1314.00 1206.00 387.47 1760.00 290.95 21 1280.15GlobalEductn 73.80 72.55 71.65 77.40 71.65 13.37 96.40 35.50 - - GlobeText(I) 10.50 10.70 10.40 11.35 10.40 554.30 19.20 10.25 - - GM Brew 613.00 609.95 609.30 626.45 605.85 23.77 922.85 370.00 11 609.95GMDC [2] 129.15 140.20 131.80 142.00 131.45 8964.66 151.95 52.00 10 140.00GMMPfauder [2] 4390.60 4390.90 4420.00 4450.95 4350.45 18.58 5435.00 3938.25 60 4394.55GMR Inf [1] 38.10 38.65 38.35 39.45 38.25 9393.13 49.15 22.50 - 38.65
GNA Axles 489.65 489.05 492.00 498.75 487.10 27.42 1107.35 339.10 11 491.35GNFC 519.35 540.65 524.10 545.00 524.10 1995.77 577.55 238.65 6 540.30Goa Carb 367.45 373.10 381.00 381.95 370.35 22.66 482.20 266.00 12 372.80GOCL Corp [2] 263.60 276.60 270.60 289.00 266.50 19.65 386.00 190.00 27 270.90God.Pow.Isp [5] 303.85 312.60 307.00 318.50 306.95 220.95 460.00 127.98 3 312.25Godfrey [2] 1004.25 1017.00 1013.35 1029.00 1011.00 10.96 1409.85 831.85 12 1016.05Godrej Cons [1] 780.90 803.45 785.00 806.00 780.55 882.67 1138.50 644.00 63 803.40Godrej Ind [1] 505.00 501.20 507.70 514.90 500.00 58.15 674.35 431.00 - 501.35Godrej Pr [5] 1556.45 1596.85 1570.00 1609.00 1567.00 949.35 2598.00 1200.10 216 1595.75GodrejAgrovt 475.00 483.35 475.50 488.70 475.50 34.65 746.80 469.70 30 482.70GoFashionInd 917.00 923.40 917.05 930.00 914.35 62.06 1339.90 886.05 - - Gokaldas [5] 346.20 353.10 349.90 363.35 349.90 266.38 430.00 73.05 29 353.20Gokul Ref [2] 31.35 32.80 31.05 34.70 31.05 135.65 47.80 15.50 - 32.90Gold.Tobac 105.25 105.95 106.10 109.00 104.50 6.32 189.85 35.05 35 105.70Goldiam Int 758.30 774.55 762.00 795.00 761.00 48.17 1142.60 299.45 27 772.40GoodyearInd 886.10 894.85 880.00 910.00 880.00 12.27 1020.00 783.00 - - GP Petrol [5] 51.35 50.55 54.35 54.60 49.65 222.46 77.60 34.65 17 50.35GPTInfraProj 72.20 77.10 72.00 78.60 72.00 55.19 107.75 34.00 9 76.90Granuels [1] 288.90 285.65 291.10 294.25 284.00 709.17 404.50 279.55 18 285.25Graphite [2] 457.15 472.05 465.00 478.75 465.00 617.72 815.35 396.00 16 471.55Grasim [2] 1684.15 1669.80 1690.10 1704.00 1663.15 673.10 1939.00 1192.25 44 1669.75Graur&WeilIn 53.55 54.10 53.40 55.00 53.40 69.83 70.90 52.45 - - Gravita [2] 345.70 365.65 353.85 375.00 351.10 186.78 398.20 73.00 64 364.25GreenlaInd [1] 313.95 322.30 317.00 330.00 316.40 16.55 404.98 178.72 40 324.45GreenPly [1] 180.70 180.50 185.00 185.85 179.00 213.19 254.25 156.55 25 180.60GrenpanelInd 462.00 471.85 462.00 487.90 461.45 275.69 538.50 150.35 - - Grindwel [5] 1614.65 1610.80 1645.00 1688.00 1601.00 158.47 2025.45 815.90 61 1608.55GRInfraproj 1383.15 1396.70 1398.00 1442.00 1383.50 48.86 2267.65 1362.75 - - GRP Ltd 1405.50 1451.15 1419.95 1539.00 1419.95 16.23 1600.60 724.00 24 1443.40Grvs.Cot [2] 172.25 174.40 175.80 178.60 173.00 1789.27 258.85 110.50 169 174.35GSFC [2] 120.30 123.05 121.90 124.30 121.60 1193.85 150.75 77.30 7 122.95GSPL 278.65 290.65 282.30 296.75 281.65 3042.95 383.00 232.60 16 290.95GTL 14.65 16.10 14.70 16.10 14.70 585.44 32.55 4.86 - 16.10GTL Infra 1.70 1.65 1.65 1.70 1.65103677.23 4.90 0.65 - 1.65GTPLHathway 199.95 200.20 202.05 206.00 198.50 41.22 313.15 108.75 16 200.40Gufic Bio [1] 201.90 209.75 203.55 211.00 203.05 92.45 270.10 99.10 23 209.70Guj.Alk 649.40 668.50 661.70 676.35 658.65 211.91 845.50 304.65 13 667.05Guj.Ind.Pow 74.20 74.55 74.30 75.95 73.90 228.99 105.65 72.25 7 74.45Guj.Pipav 85.90 85.20 87.30 87.55 85.00 2387.96 124.15 85.00 21 85.20Guj.Sid.Cem 41.20 41.10 41.00 42.65 40.80 56.86 62.60 31.70 10 41.15Gujarat Gas [2] 643.50 620.85 643.00 654.25 618.00 997.93 786.65 484.10 36 620.35Gul.Amb.Ex [1] 174.40 188.45 177.00 194.00 176.35 1559.75 226.90 122.50 10 188.65Gul.Apl 215.70 214.90 218.00 224.95 214.00 1.77 277.20 197.20 - 217.30Gulf Oil Lub [2] 461.90 457.70 464.95 467.90 455.10 37.75 803.70 427.95 11 456.75GulshanPoly [1] 289.45 318.35 295.50 318.35 295.50 45.43 429.00 87.00 16 318.75
H . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .HappiestMind 982.35 994.20 995.00 1030.00 990.00 258.98 1580.00 498.05 - - Harri.Mal 142.65 145.05 143.00 149.05 142.25 25.13 250.00 120.20 8 145.45Hathway [2] 18.15 18.70 18.40 18.80 18.20 3695.92 34.80 17.70 - 18.75Hatsun Agro [1] 1117.95 1095.30 1107.00 1123.80 1079.80 33.13 1533.65 676.00 96 1097.60HavellsIndia [1] 1203.45 1201.25 1207.00 1217.45 1198.35 627.29 1503.70 958.35 66 1201.65HBL Pwr [1] 61.05 65.25 62.75 65.90 62.30 1546.68 83.60 29.55 31 65.20HBStockhold 47.45 51.45 47.45 51.85 47.45 11.01 75.05 15.80 - - HCC [1] 16.35 15.95 16.50 16.85 15.8513591.55 20.03 7.00 - 15.98HCG 234.40 236.35 234.40 239.40 233.95 44.28 282.55 159.20 - 236.70HCL Info [2] 18.05 18.95 18.00 18.95 18.00 349.38 31.35 7.95 - 18.95HCL Tech [2] 1149.55 1153.00 1156.00 1159.00 1148.05 1937.65 1377.00 890.00 38 1152.50HDFC [2] 2453.95 2437.05 2471.80 2479.45 2428.30 3044.31 3021.10 2286.45 33 2437.50HDFC AMC [5] 2181.70 2182.95 2199.85 2206.00 2171.65 196.01 3363.00 2106.95 34 2182.05HDFC Bank [1] 1510.70 1500.90 1525.10 1525.70 1495.65 4514.78 1724.30 1353.10 24 1501.90HDFCLifeIns 572.75 569.05 572.75 578.00 565.50 1929.38 775.65 551.70 103 570.20HecInfraProj 34.35 34.00 36.30 36.40 33.95 3.61 45.00 28.80 - - HEG 1226.05 1208.20 1245.80 1266.00 1202.00 300.60 2626.15 1201.50 17 1208.15Heidelbrg 197.65 197.15 197.85 201.30 196.40 75.34 284.55 195.40 15 197.40HemispherePR 111.00 111.35 111.80 114.40 106.00 819.53 167.20 106.00 - - HeranbaIndus 601.05 603.20 604.20 612.50 599.15 75.00 945.00 596.00 - - Herc.Hoi [1] 142.45 143.35 142.75 148.00 142.25 36.88 179.65 108.10 26 143.40Herit.Fds [5] 323.40 312.25 323.40 325.50 310.10 110.54 565.00 289.60 12 312.25HeroMoto [2] 2731.00 2670.65 2745.00 2762.45 2665.00 631.23 3514.20 2310.50 20 2670.75Hester Biosc 2373.20 2370.75 2385.05 2438.65 2350.00 5.32 3180.00 1651.25 43 2354.40Hexa Trade [2] 122.55 126.75 116.45 128.65 116.45 5.83 235.20 57.00 - 127.45HFCL [1] 70.15 72.15 71.30 74.20 71.3010736.98 101.35 23.00 33 72.10HGInfraEngg 587.65 594.65 597.90 605.05 590.00 63.61 830.80 252.60 11 596.05Hikal [2] 364.00 375.95 370.00 382.90 370.00 121.69 742.00 142.85 24 376.45HIL 3890.65 3935.55 3905.15 3980.00 3905.15 5.34 6750.00 2793.70 15 3928.10Hilton Mtl 25.55 26.65 25.55 26.80 25.10 27.63 33.20 9.00 - 26.65HimadriSpec [1] 53.35 54.85 54.00 55.65 53.95 5045.83 69.05 38.90 34 54.80Himat.Seid [5] 164.60 165.70 166.05 172.10 165.00 299.48 311.95 132.00 10 165.60Hind.Compo [5] 270.15 280.15 279.90 289.40 271.05 11.32 373.85 240.00 18 281.00Hind.Cop [5] 115.05 116.00 118.05 119.70 115.55 6392.96 196.90 99.15 45 116.00Hind.Media 65.35 66.90 65.50 68.35 64.20 90.67 107.00 56.15 8 66.95Hind.Mot [5] 10.40 10.90 10.35 10.90 10.30 174.00 18.20 6.15 - 10.92Hind.N.Gls [2] 16.45 15.80 16.95 17.25 15.65 210.50 53.20 15.65 - 15.85Hind.Oil.Ex 187.30 186.75 191.25 193.60 185.40 338.80 245.15 89.45 46 186.60Hind.Znc [2] 309.20 312.95 312.55 334.75 312.00 382.36 407.90 257.00 14 313.25Hindalco [1] 516.20 518.70 519.80 523.25 515.65 8928.93 553.85 305.40 27 518.70HindconChem 61.15 63.25 63.90 65.00 62.30 19.62 86.95 41.75 - - HindujaGlo 1310.10 1306.95 1326.00 1339.00 1299.15 39.63 1974.00 565.48 15 1306.80HindustnAero 1281.65 1310.15 1281.00 1324.00 1281.00 584.03 1568.45 925.00 12 1309.65HindustnFood 1971.05 1999.50 2000.60 2015.00 1972.30 4.87 2578.00 1700.00 - - HisarMetalIn 106.00 104.85 107.50 111.00 103.40 7.54 165.00 90.00 6 104.60HiTech Gr 217.20 226.15 227.70 229.00 222.00 6.65 364.90 155.00 11 224.20Hi-TechPipes 532.80 533.35 532.00 572.00 528.65 14.57 335.00 113.85 30 239.55HLEGlascoat 5176.45 5366.60 5255.00 5425.00 5250.00 9.85 7550.00 1755.00 - - HLV 9.40 9.35 9.65 9.80 9.25 172.98 12.95 4.20 - - HomeFirstFin 702.45 708.50 704.95 714.00 704.95 40.33 921.30 440.00 - - Honda Siel 1227.90 1242.45 1234.05 1271.50 1226.00 3.97 1497.80 902.00 17 1247.15Honey.Aut 40692.55 40737.10 40980.00 41107.20 40454.55 3.12 49805.00 38146.90 97 40794.45HOV Services 47.35 48.50 51.30 51.45 47.20 9.95 90.00 37.55 33 48.00HPAdhesives 357.45 366.40 362.00 384.65 360.00 190.26 505.00 355.00 - - HPCL 291.00 289.60 291.00 294.95 288.00 2110.16 354.55 223.00 5 290.05HPLElect&Pow 63.40 65.25 64.00 66.00 64.00 58.13 91.90 40.10 62 65.35HSG&UrbanDev 33.55 33.80 34.00 34.30 33.60 1360.99 58.25 33.05 4 33.80HSIL [2] 285.40 286.05 289.60 296.85 280.15 132.94 352.85 141.00 18 283.75HT Media [2] 31.70 31.05 32.20 32.90 30.60 1039.02 39.15 19.55 - 31.05HuhtamakiInd 174.85 174.40 175.00 179.25 173.00 96.90 345.60 150.80 - - HUL [1] 2269.95 2260.40 2270.00 2273.95 2252.25 1324.41 2859.10 2104.25 61 2260.90
I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Ibull Hsg [2] 167.80 162.75 170.95 172.75 161.0516990.84 313.50 154.05 8 162.80Ibull Real [2] 113.65 114.80 116.20 118.75 113.2018932.67 195.90 72.75 - 114.80IceMakRefrig 71.85 73.30 74.65 74.80 71.60 25.23 95.45 57.30 - - ICICI Bank [2] 751.30 744.60 754.60 756.40 742.7011624.28 859.70 531.00 25 744.70ICICILombGIC 1275.75 1279.90 1277.50 1288.00 1266.15 549.49 1674.00 1240.10 48 1279.40ICICISecu 632.15 650.85 640.00 659.85 639.85 344.56 896.05 376.90 - - ICRA 3700.40 3720.85 3700.00 3749.85 3667.00 1.84 4158.60 2675.75 51 3725.40IDBI 44.15 45.10 44.85 45.80 44.55 5197.40 65.25 29.80 22 45.10Idea Cell 10.90 10.70 11.05 11.10 10.65183591.22 16.79 4.55 - 10.72IDFC 57.55 57.15 57.95 58.95 56.50 6525.10 68.25 41.70 - 57.15IDFCFirstBnk 43.30 43.30 43.75 44.10 43.0514895.16 69.30 40.75 - - IFB Agro 568.35 567.65 577.00 595.90 566.05 17.99 866.25 365.40 9 567.55IFB Ind 900.50 915.15 901.10 939.00 899.00 6.50 1357.80 853.00 - 916.45IFCI 12.15 12.50 12.15 12.75 12.10 4132.12 18.87 8.77 - 12.50IFGLRefract 264.25 263.20 268.20 277.45 261.30 25.96 434.00 250.10 26 262.95IG Pet 674.05 686.05 684.30 699.90 678.30 27.61 1017.90 401.60 7 682.80Igarshi 358.35 377.30 360.10 384.00 359.25 54.37 612.20 262.85 77 375.15IIFLHoldings [2] 300.00 300.00 300.10 308.60 297.00 494.20 375.05 229.25 17 299.75IIFLSecurity 83.05 85.15 83.05 87.00 83.05 226.86 128.50 45.30 - - IIFLWealtMgt 1499.85 1499.50 1503.00 1523.85 1486.70 63.60 1785.40 1061.50 - - ImagiWrldEnt 12.85 14.00 12.85 14.10 12.85 407.15 16.80 5.25 - - IMPAL 755.30 770.00 760.05 776.00 759.70 3.37 940.00 614.00 17 770.95Ind Terr [2] 47.60 48.60 48.95 50.95 48.00 154.68 74.80 26.60 11 48.40Ind.Bk.Mer 22.50 23.30 23.80 24.40 22.80 117.17 37.25 11.20 16 23.30Ind.Cem 207.90 208.35 209.25 211.40 206.40 1983.95 259.90 150.05 48 208.45Ind.Gly 756.90 788.25 767.00 798.00 767.00 147.07 1060.00 397.05 20 789.80Ind.Hume [2] 200.25 201.70 199.05 204.20 198.50 45.52 252.70 166.00 13 199.00Ind.Inv.Tru 67.15 64.65 69.55 69.55 64.20 3.02 89.30 50.00 - 66.00Ind.Metals 332.65 340.40 334.05 344.10 334.05 52.08 498.50 205.00 4 340.90Ind.Nippon [5] 438.90 439.05 446.90 459.00 432.00 27.03 642.00 329.05 22 438.15Ind.Ovr.Bk 18.30 18.65 18.40 18.90 18.40 2070.64 29.00 14.45 - 18.65Ind.Ram.Sy 67.75 69.00 68.50 72.70 68.50 245.78 90.25 32.65 6 69.05Indian Bk 145.45 149.55 146.20 151.95 146.20 2357.15 194.80 96.20 4 149.60Indian Htl [1] 204.45 204.80 207.95 210.50 202.90 6741.25 230.25 90.94 - 204.80IndianEgyExc[1] 205.25 208.80 208.00 211.00 206.55 7501.78 318.71 95.47 66 208.75IndianRailTr 789.60 814.35 799.90 819.00 795.00 4772.92 6396.30 639.45 - - IndianRlyFin 21.75 22.00 21.75 22.10 21.7513657.09 26.70 20.80 - - IndiaPestcid 294.40 292.30 293.35 301.15 290.80 104.98 368.00 286.80 - - IndigoPaints 1761.45 1796.15 1794.00 1825.00 1770.80 169.45 2740.00 1710.00 - - IndmrtIntmsh 4790.65 4822.10 4867.70 4978.00 4791.05 154.75 9710.70 4301.10 - - Indo Count [2] 181.20 185.50 182.50 193.85 182.50 223.42 314.80 113.00 11 185.55Indoco Rem [2] 382.35 389.40 383.00 392.60 383.00 100.76 529.70 273.90 26 388.85IndostrCapFn 239.00 232.60 235.50 241.65 225.00 93.11 416.95 227.45 - 232.70Indotech Tr 217.85 222.10 218.15 228.70 217.85 12.23 294.95 82.25 12 226.25Indra.Med 67.00 67.60 67.30 69.95 67.00 69.12 102.55 52.15 11 67.70IndraprsGas [2] 360.40 361.10 361.60 367.30 360.25 2342.36 604.00 354.45 20 361.50IndSwifLab 69.70 69.25 69.70 72.80 68.20 82.30 127.35 56.00 14 69.70IndusInd BK 939.10 950.70 944.00 960.80 943.15 3507.00 1241.85 811.10 18 950.70IndusTowers 252.05 251.65 252.60 254.45 247.50 2374.84 332.80 194.10 - - INEOS Styro 1103.20 1101.25 1103.50 1126.90 1092.00 5.36 1886.80 922.20 5 1099.10Infibeam Inc [1] 38.75 39.70 39.15 40.15 39.15 1462.67 58.45 36.80 - 39.70INFO EDGE (I) 4460.80 4411.80 4524.00 4527.00 4395.00 332.09 7462.95 4027.00 133 4409.55InfobeansTec 511.00 522.20 516.00 529.40 516.00 17.72 625.00 135.30 - - Infosys [5] 1734.35 1742.85 1750.00 1758.25 1733.40 5478.81 1953.70 1230.00 36 1743.35Infrasoft 207.75 212.15 208.30 215.00 207.05 36.43 259.00 63.00 - 213.65Ingersoll 1360.10 1388.55 1365.00 1406.00 1365.00 10.41 1503.10 667.00 41 1386.90Inox Leis 401.50 403.50 402.05 408.70 401.35 241.54 466.10 241.90 - 405.10Inox Wind 114.10 113.15 115.95 118.65 112.00 287.57 160.00 61.45 - 113.25InoxWindEner 673.85 674.15 699.95 700.00 661.00 0.66 986.50 339.35 - - Insectic 642.70 649.05 645.80 685.00 644.05 23.21 846.00 405.00 12 651.60IntellecDesi [5] 650.85 666.25 654.30 671.75 654.30 272.29 892.00 416.60 44 666.20IntenseTech [2] 75.95 77.90 75.20 81.20 75.20 111.19 119.75 30.90 12 78.15IntGlobAviat 2066.05 2039.40 2085.00 2095.00 2030.45 720.06 2379.00 1502.90 - 2039.20IntlConveyor 69.05 69.95 70.55 70.95 69.25 137.24 102.45 57.85 - - Inventure [1] 3.80 3.95 3.70 3.95 3.7014558.69 6.76 2.01 - 3.94IOC 117.10 117.15 117.80 118.30 116.50 5683.48 141.75 86.70 4 117.15IOL Chem 352.10 369.85 354.50 381.40 353.00 1092.41 725.00 348.05 10 369.65Ion Exchange 1869.55 1853.50 1862.15 1923.80 1850.00 5.68 1923.80 1845.00 - - IPCA Lab [1] 961.20 955.20 960.00 977.95 950.50 177.24 1383.55 893.03 27 955.35I-PruLifeINS 505.10 500.75 506.50 508.90 497.15 2250.20 724.50 411.00 114 499.60IRB Infra 236.60 236.00 234.00 243.05 224.80 3829.60 346.95 100.70 - 236.05IrconIntl 41.65 41.75 41.70 42.20 41.70 606.80 101.90 40.15 - - IrisBusiServ 99.25 103.80 99.85 109.80 98.55 38.24 165.50 95.25 - - IrisClothing 169.80 177.60 181.40 181.40 170.05 1.99 239.00 62.35 - - IsgecHeavyEn 519.80 526.40 542.00 547.50 524.40 62.94 878.35 515.45 - - ITC [1] 214.85 215.95 216.80 217.50 215.0511014.28 265.30 199.10 18 215.95ITD Cem [1] 66.80 69.05 67.00 69.55 67.00 412.81 97.50 66.10 11 69.25ITDC 341.90 347.00 342.00 354.00 342.00 21.74 463.90 302.45 194 347.50ITI 100.85 101.05 101.50 103.80 100.60 205.70 143.70 100.25 - 100.95IVP 155.30 154.05 156.00 168.45 152.25 98.35 201.85 93.00 11 152.95IZMO Ltd 82.05 86.55 82.15 89.95 82.15 127.29 148.85 48.30 - 86.55
J . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .J&K Bk [1] 34.85 35.15 35.95 36.15 35.05 2184.52 48.20 22.50 5 35.25Jagran [2] 72.60 72.00 73.70 74.75 71.55 321.90 81.90 50.25 8 71.95Jags.Phr [5] 246.45 248.75 254.80 267.00 244.30 2021.23 267.15 75.00 26 248.45Jai Corp [1] 111.55 113.85 113.10 116.60 112.65 954.56 172.85 79.35 42 113.80JaiBal.Ind 45.75 47.05 47.50 48.30 45.80 26.86 668.00 81.00 - - Jain I.DVR [2] 20.50 22.55 20.15 22.55 20.15 43.88 30.35 10.81 - 22.70Jain Irrg [2] 36.95 40.00 37.50 41.25 37.50 3083.28 53.50 16.15 - 40.00Jamna Au [1] 97.35 99.65 98.00 101.50 98.00 548.65 124.90 60.55 31 99.50JashEngg 497.50 501.20 499.00 512.85 493.45 15.84 628.00 260.20 - - Jay Bhr [5] 157.45 158.90 157.45 162.20 157.45 21.74 269.00 98.75 20 160.00Jay.Agro [5] 205.70 209.70 207.10 213.40 207.10 9.04 322.90 125.50 8 209.45Jaypee Inf 3.10 3.25 3.00 3.25 3.00 6966.54 5.05 1.38 - 3.22Jayshr Tea [5] 93.20 95.25 94.50 95.50 93.40 46.13 145.00 65.15 13 95.10JB Chem [2] 1620.15 1609.85 1619.95 1631.65 1604.00 76.05 1984.75 1077.30 33 1611.60JBM Auro [2] 490.20 485.25 480.10 508.00 480.10 91.64 675.98 134.80 55 485.70JetFrgtLogis 63.70 60.60 63.05 64.65 60.55 67.09 94.30 44.40 - - JHS Svend 22.25 22.95 22.90 23.45 22.25 41.98 33.40 18.80 - 22.90Jind P.Inv 292.60 304.65 288.10 307.00 286.40 12.80 462.80 29.45 - 302.75Jind.Drl [5] 179.35 185.70 183.60 189.70 183.35 108.59 221.35 81.55 11 185.80Jind.Pho 348.40 360.95 340.10 365.80 340.10 51.28 485.20 36.00 - 361.20Jind.Poly 1011.95 1020.75 1005.00 1048.00 1005.00 67.21 1342.85 467.10 5 1019.45Jind.Saw [2] 85.05 88.35 86.85 88.85 86.65 984.49 147.65 70.15 6 88.30Jind.Stl&P [1] 406.45 403.00 410.95 411.95 400.65 4344.35 501.60 296.55 4 403.30Jind.World [1] 294.80 293.35 300.00 308.50 290.10 258.87 358.45 44.00 64 292.50JindStain(H) [2] 334.25 341.20 337.00 344.45 331.00 232.26 433.50 109.85 7 341.05JK Cem 2911.05 2913.15 2911.00 2964.35 2905.25 81.29 3836.65 2580.05 34 2912.30JK Lak.Cem [5] 431.60 445.75 437.20 450.00 435.50 134.22 815.25 360.00 13 445.50JK Paper 217.90 222.45 221.00 227.50 220.10 450.25 284.80 124.25 8 222.15JK Tyre [2] 111.25 113.60 111.50 114.40 111.50 293.87 171.60 103.20 10 113.60Jkumar Inf [5] 165.30 165.55 167.80 168.85 165.00 79.36 231.00 149.05 8 165.55JM Fin [1] 64.30 64.90 64.95 65.90 63.50 850.18 117.55 62.10 18 64.90JMC Proj [2] 90.05 90.30 91.00 92.80 89.55 125.24 130.00 71.45 - 90.35Jocil 168.55 171.65 170.00 173.20 170.00 6.04 319.80 139.00 - - JohnCntHita 1742.00 1743.25 1742.00 1779.55 1735.50 6.84 2936.70 1691.25 106 1742.70JP Associ [2] 9.40 10.20 9.80 10.25 9.5512924.23 15.90 6.42 - 10.16JP Pwr 6.70 7.00 6.80 7.00 6.8014774.44 11.22 2.45 - 7.05JSL [2] 191.85 191.75 194.90 197.20 191.00 518.54 224.60 60.30 8 191.95JSW Hld 3957.15 3916.85 4000.00 4016.55 3900.00 0.31 6000.05 3400.00 33 3915.80JSWIspatSpe 31.20 31.45 32.05 32.50 31.20 1164.78 67.55 22.40 - - JSWSteelLtd [1] 622.00 614.70 624.50 627.95 612.85 2339.93 776.50 371.40 8 615.30JTEKTIndia [1] 75.30 76.20 76.15 79.90 75.55 112.67 132.75 73.00 41 75.95JTL INFRA 229.10 229.45 232.55 236.60 223.00 676.93 271.00 209.60 - - Jub.Ind 472.45 482.95 472.30 491.10 469.55 36.68 796.90 162.00 - 483.10JubilantPhar 422.00 419.15 424.00 432.95 415.50 94.42 925.00 415.50 - - JublilntFood 2994.25 3029.20 3010.00 3077.55 3010.00 705.14 4577.45 2660.90 93 3027.05JublntIngrev 478.25 504.60 485.90 511.15 485.00 639.95 838.75 295.50 - - JullundurMot 67.35 70.60 67.35 74.30 67.10 33.04 93.80 29.30 - - JustDial 755.55 769.45 774.85 790.00 765.75 519.18 1138.00 550.00 78 769.60Jyo.Lab [1] 133.35 136.00 133.05 136.40 133.00 140.59 187.20 132.15 31 135.95
K . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Kabra Ext [5] 407.80 421.80 414.00 428.40 413.95 57.49 566.40 125.60 43 421.45Kaj.Cera [1] 1236.15 1189.55 1224.90 1237.75 1175.55 213.99 1379.00 856.70 50 1190.00Kakt.Cem 219.90 219.90 224.00 226.00 218.35 11.89 319.00 160.80 10 219.80
MUMBAI
BusinessLineTHURSDAY • FEBRUARY 24 • 2022 IMARKET RADAR
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Company Prev Close Open High Low Qty 52 WH 52 WL PE BSE Cl Company Prev Close Open High Low Qty 52 WH 52 WL PE BSE Cl Company Prev Close Open High Low Qty 52 WH 52 WL PE BSE Cl Company Prev Close Open High Low Qty 52 WH 52 WL PE BSE Cl
Norben 7.10 6.85 6.85 6.85 6.85 0.50 11.75 4.90 NovartisInd 647.40 661.95 660.00 670.00 650.05 10.80 850.00 640.00 NRAgarwalInd 217.35 224.40 218.00 225.95 215.40 13.83 361.15 193.85 NRB Bear [2] 118.80 118.90 122.00 124.05 117.60 302.59 189.65 95.25 15 118.45NRB Ind [2] 22.70 23.35 24.55 24.55 22.15 6.26 34.80 9.25 23.55NTPC 132.10 130.20 132.00 133.45 129.85 9263.26 152.10 93.20 8 130.00Nucleas Sw 463.55 471.15 466.00 475.00 466.00 12.36 765.35 457.80 25 471.75NURECA 1383.10 1406.90 1395.00 1434.00 1395.00 13.11 2315.00 555.60 NuvocoVistas 345.20 335.30 343.00 344.90 331.25 1075.60 577.90 331.25 Nxtdigital 440.65 418.50 450.65 460.00 404.25 95.75 619.80 333.30
O . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Oberoi 892.00 932.85 897.65 939.70 897.65 1685.02 1051.90 514.20 78 931.55OdishaCeme [2] 1686.25 1654.25 1708.05 1708.05 1648.30 173.70 2547.20 1405.90 266 1656.00Oil Country 8.80 9.65 9.50 9.65 9.00 46.17 12.92 3.81 9.82Oil India 220.50 220.50 222.90 225.45 217.70 576.79 267.70 112.00 8 220.30OlectrGrnTec 684.25 671.05 692.00 714.70 661.60 166.82 888.80 166.10 Omax Auto 48.65 48.50 49.70 50.00 45.35 23.52 74.00 36.95 48.85Omaxe 95.75 93.65 95.75 98.95 92.75 214.41 109.00 56.00 93.40OMDC [1] 2529.85 2514.40 2542.50 2618.75 2490.20 11.07 3800.00 2211.00 2519.40OmInfraLtd 43.00 45.60 43.20 47.80 43.20 321.85 56.45 18.95 Omkar Spl 28.10 30.90 28.30 30.90 28.30 59.28 47.05 4.74 30.95One97Communi 815.90 821.95 823.00 837.05 815.25 1575.01 1955.00 785.00 Onelife Cap 13.30 13.45 13.30 13.80 13.15 11.37 25.09 5.55 13.30OnePntOneSol 13.20 12.55 12.60 13.65 12.55 259.14 96.05 10.55 ONGC [5] 164.95 160.75 166.25 166.40 159.6521301.83 176.40 97.45 6 160.70OnMobile 122.55 128.35 127.10 132.10 126.10 1342.62 175.00 87.75 75 128.35Onward Te 300.00 285.10 303.95 303.95 285.00 41.08 406.00 98.10 75 285.90OptimusInfra 257.45 266.70 257.00 308.90 257.00 64.55 411.60 114.05 20 266.15OracleFinSer [5] 3474.55 3513.25 3474.55 3543.70 3461.55 49.31 5144.60 2975.50 18 3518.10Orbit Exp 114.65 118.50 119.90 124.05 116.35 124.61 135.00 55.20 26 118.25OrchidPharma 269.95 283.40 278.00 283.40 277.95 113.61 1667.00 265.00 Oricon Enter [2] 33.80 34.90 34.30 36.05 34.30 154.09 44.80 17.15 31 35.00Orient Bell 467.65 559.60 475.00 561.15 464.25 301.38 567.40 200.05 35 565.45Orient Cem [1] 150.10 153.85 152.90 154.85 152.05 137.04 185.50 88.60 11 153.85Orient Htls [1] 49.40 52.20 50.25 52.55 50.25 399.16 65.90 21.10 52.25Orient Pap [1] 27.85 29.00 28.45 29.20 28.35 629.07 39.40 21.45 29.05Orient Pres 70.60 70.20 71.10 71.70 70.10 1.67 123.80 62.20 70.05OrientAbr [1] 27.75 28.75 27.90 29.10 27.90 100.19 40.45 20.00 28.75OrientalArmt 613.30 623.20 626.90 639.70 622.00 6.39 1100.00 545.05 OrientalCar 806.00 822.10 840.00 840.00 814.90 3.88 1321.00 790.00 14 819.20OrientElect 328.65 324.35 326.10 332.00 320.90 217.82 408.00 263.50 OrtinLabs 25.55 26.55 26.60 27.30 25.85 75.35 52.25 21.40 Oswal Chem 21.05 22.40 21.75 22.90 21.60 530.37 36.75 15.25 13 22.40OswalAgroMil 27.85 28.30 27.85 29.20 27.85 41.99 45.30 8.35 28.50
P . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .P&GHealth 4565.30 4620.35 4565.00 4664.00 4500.00 5.89 7200.00 4488.00 P&S Bk 15.90 15.95 16.00 16.50 15.85 297.86 22.65 15.30 8 16.00Page Ind 40771.75 41137.95 42950.00 42950.00 40919.40 30.59 45162.90 27355.20 99 41109.40PaisaloDigit 642.50 623.30 639.00 651.00 615.10 48.21 1143.15 560.10 40 625.95Pan.Petro [2] 226.70 227.25 228.50 234.70 225.80 151.21 332.55 140.00 7 227.15Panac.Bio [1] 202.65 196.25 200.00 204.70 195.20 96.82 453.70 163.80 196.25PanachDigLif 51.90 49.85 54.30 54.40 49.20 28.70 94.80 40.50 PansriDevlop 109.15 103.95 107.00 109.05 98.65 1.62 176.45 57.75 ParagMilk 99.90 100.30 101.45 103.60 99.60 292.50 159.85 94.00 19 100.40ParasDef&Spc 612.95 618.45 615.00 627.95 615.00 64.66 1258.20 607.00 ParDrugs&Che 150.10 155.95 154.90 157.00 153.45 4.56 310.60 140.10 PasuptiAcryl 36.80 38.10 39.50 39.50 37.05 143.31 57.60 28.05 Patel Int 14.45 14.55 14.70 15.25 14.35 46.82 20.35 9.75 14.60PBA Infra 12.65 12.55 12.35 13.25 12.25 47.72 22.73 7.50 1 12.56PBFintech 686.90 676.35 690.00 703.60 670.00 547.47 1470.00 664.55 PC Jewl 20.40 20.65 20.75 21.15 20.55 907.93 32.75 19.80 20.75PCBL 195.65 197.45 197.50 206.30 196.30 509.80 277.30 175.00 PDS 1583.70 1620.25 1585.00 1647.00 1585.00 2.18 2024.80 603.95 Pearl Glo 411.80 411.30 411.80 430.00 405.10 8.68 598.00 162.00 60 412.30Pearl Poly 18.00 18.15 17.85 18.60 17.85 15.72 25.30 13.87 1 18.25Pennar Ind [5] 35.70 36.00 36.10 37.10 35.80 680.83 47.95 16.25 13 36.00Persistnt 3927.00 3959.65 3977.55 4013.90 3905.45 276.79 4986.85 1597.00 48 3957.15Petronet 207.25 205.25 207.95 209.85 204.70 1440.38 260.90 203.90 10 205.35PFC 117.20 118.45 117.70 119.65 117.60 4141.97 153.75 104.10 3 118.45Pfi�zer 4200.00 4285.05 4220.00 4300.00 4220.00 21.44 6164.80 4185.05 33 4285.55PG Elec 611.25 611.90 612.00 636.05 610.00 40.99 870.00 246.30 58 611.80PGHH 15431.25 15658.25 15539.00 15750.00 15355.00 2.52 16420.90 12021.15 88 15659.60Phoenx.Mil [2] 959.50 950.50 964.60 984.00 940.00 93.89 1199.95 672.00 181 949.65PI Ind [1] 2494.90 2534.60 2508.00 2558.00 2500.20 196.42 3533.30 2104.70 48 2533.30PidiliteInd [1] 2382.70 2415.60 2399.95 2432.00 2394.00 227.72 2764.60 1666.70 100 2416.75Pilani Inv 1691.25 1753.80 1710.00 1775.00 1708.00 2.04 2246.95 1523.90 13 1751.00Pion.Dist 166.30 170.90 168.15 173.50 168.15 7.33 209.30 92.00 171.20Pion.Emb 52.00 52.35 50.40 53.00 50.40 20.04 79.60 36.05 7 52.95PiramalEntp [2] 2045.80 2099.90 2059.60 2138.00 2055.00 995.40 3013.00 1612.00 145 2100.30PittiEngg [5] 222.00 231.40 222.00 236.00 221.65 151.79 299.00 54.10 14 231.55Plastiblen [5] 209.05 211.30 212.00 217.25 210.00 9.38 305.95 206.45 15 211.95PNB Gilts 62.60 62.95 63.00 64.45 62.75 142.14 94.65 46.55 13 63.05PNB Housing 401.00 403.55 406.00 413.90 400.00 247.42 924.00 350.00 9 403.10PNC Infratec [2] 244.85 272.90 249.65 278.00 247.25 2892.14 395.55 217.50 16 272.60PodarHseDVPT 219.75 223.45 238.30 238.30 217.85 2.80 312.90 139.00 220.55PoddarPigmen 285.85 285.15 287.90 292.05 284.95 3.63 434.00 162.50 12 285.10Pokarna Ltd [2] 690.75 708.20 728.00 730.00 695.55 54.55 832.00 193.65 708.05Poly.Medi [5] 707.05 744.45 702.05 749.50 700.15 78.95 1163.00 648.80 49 742.15PolycabIndia 2373.60 2384.65 2388.00 2417.40 2379.35 180.73 2771.75 1126.10 Polyplex 1872.60 1913.00 1885.60 1938.95 1885.60 97.19 2150.00 761.50 10 1912.45PonawalaFinC 235.95 238.95 238.45 245.95 238.30 1547.21 302.90 101.55 Ponnie Sug 223.25 225.10 235.40 235.40 222.95 15.98 382.50 131.15 8 225.70Power Mech 858.30 899.15 850.00 904.90 850.00 22.36 1094.70 500.05 10 899.15PowerGrid 198.15 198.05 198.35 199.50 197.60 4870.10 220.85 148.88 10 198.10Praj Ind [2] 326.10 350.50 336.90 355.00 334.45 1082.28 448.25 136.60 48 350.20PrakashPipes 156.35 159.20 159.60 161.75 157.25 94.27 194.70 111.00 Praksh.Ind 62.15 62.75 62.40 63.85 62.25 490.65 104.65 50.85 7 62.55Praksh.Stl [1] 5.70 5.85 5.55 5.95 5.55 2643.41 9.92 0.72 2 5.86PratapSnack [5] 745.25 762.05 754.60 785.00 743.85 10.55 953.00 484.65 54 765.15PraxisHomeR[5] 63.65 60.50 60.50 65.80 60.50 86.86 76.80 17.83 60.55PrecisionCam 134.00 139.45 139.90 142.80 136.90 249.01 189.50 38.05 23 139.70Precot 341.75 346.00 341.75 356.65 340.85 21.37 400.00 95.35 Precsn.Pipe 200.95 203.20 203.00 207.70 202.15 3.21 339.35 173.65 28 202.25PremierExplo 270.90 284.40 272.00 284.40 272.00 21.17 324.10 130.50 43 284.00PremPolyfi�l [5] 71.80 74.00 69.65 75.95 69.65 19.02 58.87 27.11 39.70Pressman [2] 35.20 36.15 35.05 36.50 35.05 47.02 53.50 20.55 18 36.20Prestige Est 429.40 450.25 437.45 459.60 435.00 1192.78 553.40 260.15 54 450.95PRICOL [1] 117.80 118.25 122.00 122.50 117.15 674.62 139.45 60.00 45 118.40Prime Foc [1] 75.20 76.65 75.40 78.95 75.40 28.74 102.75 48.55 77.00Prime.Sec [5] 100.35 101.65 100.00 105.90 100.00 11.30 133.25 39.70 22 102.00PrincPipeFit 660.20 664.30 660.80 673.00 660.80 101.03 897.00 385.00 PrismJohnson 117.75 118.05 118.60 121.30 117.50 241.20 160.00 101.60 24 118.10Prit.Nandi 47.70 49.45 47.70 51.90 47.70 25.50 73.00 17.75 48.80PritikAutoIn 15.55 15.90 15.60 16.40 15.60 140.26 22.80 13.75 PriviSpecial 1779.20 1843.50 1779.20 1854.40 1779.20 11.54 2249.00 599.90 PSPProjects 497.15 512.25 508.00 522.50 505.40 98.65 639.00 394.00 12 511.65PTC 87.95 87.60 87.00 89.10 87.00 365.34 144.45 69.05 6 87.65PTC Ind Fin 16.65 16.80 16.70 17.15 16.60 480.00 25.90 15.75 16 16.85PTL Ent [1] 29.75 30.15 29.90 30.90 28.90 117.88 41.80 17.53 10 30.15PudumjeePap[1] 33.55 34.15 33.60 35.50 33.60 114.67 50.90 20.20 6 34.05Pun.Natl.Bk [2] 37.20 37.35 37.20 38.00 37.2036877.07 47.60 31.50 11 37.40Punj.Chem 1424.15 1419.50 1418.00 1448.00 1410.10 4.35 1930.00 841.00 23 1419.95Punj.Mohta 24.25 24.95 24.00 25.40 23.70 16.92 36.75 15.05 25.00Puravankra [5] 107.85 110.85 110.00 112.90 109.10 264.77 166.35 63.00 15 110.70PVR 1573.60 1579.65 1593.00 1602.90 1572.20 577.20 1838.00 961.00 1584.05
Q . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Quess Corp 620.50 631.05 631.00 656.55 622.10 473.45 990.00 532.60 631.95QuickHealTec 187.90 188.55 188.85 191.95 188.00 50.82 319.90 150.20 12 188.85
R . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .R Sys Intl [1] 209.45 218.70 205.30 241.15 205.30 498.83 354.55 109.00 22 219.15Radico [2] 921.40 910.75 949.00 949.00 905.00 207.86 1299.85 494.75 44 912.15RagegainTrvl 311.75 319.80 319.00 325.45 316.20 369.79 525.00 297.40 RailTelCorp 98.60 99.40 98.60 100.20 98.60 369.53 189.70 89.20 RailVikasNgm 31.20 31.70 31.70 32.20 31.35 2383.22 44.80 26.35 Rain Ind [2] 209.05 212.55 210.10 217.30 210.10 2260.84 272.90 137.70 212.60Raj.Exp [1] 816.25 783.45 819.00 828.00 780.00 112.73 994.50 471.50 26 784.05RajnandniMet 248.55 247.40 248.55 250.20 247.00 5.13 270.00 64.80 RajOilMills 65.15 66.60 68.00 68.00 64.50 8.61 150.35 51.10 RajsrePolypk 182.15 173.10 175.45 182.10 172.10 27.11 284.00 162.95 Rallis [1] 239.45 239.25 239.00 243.65 238.00 127.85 362.00 237.40 25 239.40Rama News 18.15 18.30 18.35 18.75 18.05 88.60 27.60 13.90 18.20Rama Steel [5] 317.75 317.85 332.00 332.00 310.50 44.28 455.15 66.60 58 319.75Ramco Cem [1] 822.65 811.35 825.85 838.75 804.15 455.56 1130.95 798.70 20 815.00Ramco Ind [1] 221.50 223.60 220.25 229.50 220.25 48.65 366.00 219.20 17 223.35Ramco Sys 314.35 308.95 315.00 322.55 308.00 155.28 686.00 308.10 309.10Ramk.Forg 843.05 836.65 844.00 850.00 833.00 91.73 1259.60 484.85 17 838.20Ramky Inf 197.80 200.35 205.00 208.50 197.45 291.68 258.35 59.70 8 201.00Rana Sug 25.50 27.35 25.75 27.80 25.75 1076.38 38.30 6.70 3 27.30Rane (M) 350.90 356.25 350.10 362.35 350.10 8.38 496.00 270.00 27 356.85Rane Brk 695.15 704.30 707.95 731.80 700.00 6.95 1200.90 689.40 19 702.20Rane Eng 249.80 255.25 256.70 262.00 252.60 5.84 386.00 245.00 253.65Rane Hld 582.55 592.65 582.55 598.45 582.55 9.68 782.45 544.85 39 593.00RatanindiaEn 42.20 44.70 42.40 46.00 42.40 1651.32 65.90 4.55 Ratnamani [2] 2200.50 2207.60 2211.55 2248.15 2180.00 24.13 2300.00 1612.15 32 2214.80Ravi K Dis 8.30 8.70 8.70 8.70 8.70 1.40 19.85 7.06 8.92RavindrHeigt 22.55 23.45 23.65 24.50 22.50 104.98 34.80 15.05 Raymond 678.25 751.25 686.55 771.70 683.00 2475.24 818.25 310.00 26 749.85RBL Bank 137.95 138.75 139.20 141.75 138.0011698.18 256.70 123.70 139.05RCF 70.00 73.00 70.50 73.45 70.15 1441.01 100.15 53.05 8 72.95RECL 123.75 124.95 124.50 126.50 124.20 2690.69 168.70 121.70 2 124.95Redington [2] 153.05 154.15 160.70 160.70 153.35 2981.02 179.25 73.80 13 154.00Refex Ref 123.80 127.75 125.00 128.95 125.00 33.90 173.10 78.00 9 127.30Rel Cap 12.70 13.25 12.80 13.30 12.75 735.59 30.80 9.30 13.25Rel.Ind.Inf 738.55 761.65 746.70 785.00 746.60 474.44 1031.25 344.00 142 761.00Rel.Infra 114.35 113.25 116.30 119.70 112.30 2337.56 149.50 30.45 113.15Relaxo [1] 1249.95 1231.05 1256.15 1271.45 1227.50 132.88 1447.00 810.00 113 1231.70Reliance 2389.00 2374.05 2401.10 2406.55 2368.00 3373.62 2750.00 1877.60 45 2373.80Religare 120.70 126.25 121.95 127.80 121.15 682.95 194.50 70.55 126.20Remsons 197.60 199.95 200.00 204.70 195.65 5.01 313.80 125.00 33 202.50RenaisncGlob 845.75 840.80 870.00 870.00 832.00 29.69 1090.90 281.55 Repco Home 208.85 209.75 215.00 219.80 208.00 278.38 429.25 205.70 6 209.85Repro 420.85 456.05 443.80 465.50 433.85 11.16 660.00 325.05 460.40Resp.Ind [1] 191.25 185.40 192.95 197.90 185.00 251.18 215.00 98.05 185.35RestBrndAsia 108.75 108.95 112.00 115.55 108.20 3197.30 189.70 105.00 Revathi 702.50 704.50 708.00 732.80 694.90 1.12 957.00 455.50 21 704.20RHIMagnesInd 488.15 486.55 495.00 528.00 478.55 452.47 564.00 219.95 Rico Auto [1] 36.00 37.75 36.40 38.50 36.05 321.01 62.30 35.25 18 37.65RITES 251.00 254.35 251.00 255.50 249.50 106.10 318.00 232.40 12 254.60RKECProjects 52.70 55.65 54.40 58.20 53.50 40.81 117.00 51.15 RolexRings 1203.95 1207.55 1212.40 1234.95 1204.00 12.11 1394.00 994.80 RosariBiotec 980.90 994.20 990.10 1017.00 990.00 27.79 1619.00 905.20
Rossell [2] 126.45 130.15 129.25 131.75 127.10 22.69 216.05 98.25 36 129.80RouteMobile 1499.65 1489.05 1512.00 1548.00 1480.00 238.66 2389.00 1395.45 Royal Orchd 101.50 100.35 104.00 105.00 99.50 321.84 113.40 57.25 99.95RPG Life [8] 485.85 499.35 489.00 512.00 489.00 33.33 751.80 360.00 16 498.40RPower 12.95 13.55 13.25 13.55 13.1022444.63 19.25 3.50 13.55RPP Infra 47.25 48.60 47.80 49.75 47.65 104.71 78.75 37.71 8 48.70RPSGVentures 609.95 614.60 625.00 625.55 610.00 22.26 1144.90 292.95 RS Soft [5] 32.60 33.90 32.35 35.85 32.35 45.59 51.90 23.70 33.95RSWM 415.95 424.80 419.00 434.90 415.00 97.09 546.00 155.00 5 424.00Ruby Mills [5] 331.70 341.45 334.90 349.00 334.90 12.71 441.90 156.55 18 343.30Ruch.Paper 77.65 79.10 76.40 80.45 76.40 21.97 105.60 57.00 7 79.00RuchiSoyaInd 810.75 823.80 810.75 839.30 807.00 12.05 1376.70 629.15 RudrabhshEnt 213.60 217.90 213.85 224.40 213.85 12.83 280.00 168.00 Rupa [1] 449.70 467.65 458.80 470.00 452.55 620.10 560.70 288.45 18 467.30Rush.Decor 375.00 380.30 379.60 389.90 365.35 27.81 443.80 163.05 60 379.85
S . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .S H Kelkar 143.60 145.15 142.00 146.00 142.00 74.08 207.30 103.65 34 145.00Sadbhav [1] 32.55 31.95 33.15 33.70 31.75 1093.37 96.30 31.15 10 32.15SadbhavInf 11.35 10.65 11.40 12.15 10.60 1799.18 41.50 10.65 10.68SafariIndia 833.10 845.95 836.60 855.95 836.60 5.81 1051.05 542.05 Sagar Cem [2] 238.40 239.20 243.80 245.05 237.10 23.57 319.00 133.00 24 239.50SAIL 93.25 94.90 94.00 96.05 93.1525758.25 151.10 66.85 3 94.85SakarHealth 114.45 115.30 120.00 120.00 112.35 23.21 212.00 89.75 Saksoft 862.25 872.60 865.00 900.00 863.30 15.31 1172.35 338.80 49 871.35Sakuma [1] 11.20 11.70 11.10 11.95 11.10 138.73 15.50 4.25 11.67SAL Stl 9.85 10.30 9.95 10.30 9.80 172.01 17.55 2.99 4 10.31SalasarTech 256.25 260.80 260.60 274.45 258.85 322.09 370.75 170.10 22 260.55SalonaCot 206.75 247.45 216.00 248.10 216.00 143.99 372.00 75.10 6 250.20Salzer Elec 161.05 162.70 163.25 167.55 161.75 134.84 263.50 110.15 10 162.85Sandesh 687.75 697.95 717.20 717.20 694.80 2.69 1079.00 610.60 7 702.60SandharTech 233.10 229.65 233.10 236.90 228.05 21.84 333.00 175.00 18 231.20Sangam 301.30 318.85 307.85 339.00 305.00 46.06 423.40 70.35 12 318.00Sangh.Mov [2] 201.85 196.40 202.55 208.90 192.00 124.06 262.00 99.75 46 196.85Sanghi Ind 47.25 48.40 48.05 49.70 47.80 562.78 84.70 38.60 20 48.55SanginitChem 22.40 23.55 23.75 23.95 22.70 34.57 47.20 18.00 Sanofi� 7143.20 7280.40 7246.45 7312.00 7169.00 23.75 9300.00 6949.35 28 7277.45SanseraEngg 640.00 645.90 636.00 649.20 636.00 22.95 889.00 624.00 SapireFoodIn 1304.20 1356.00 1335.00 1374.50 1326.00 74.49 1540.00 974.45 Sarda Ene 762.50 785.95 760.00 794.00 760.00 31.66 959.45 355.85 5 786.30Sarla Perf [1] 57.00 59.70 58.40 61.10 58.10 152.06 78.30 23.25 8 59.85SarthakMetal 100.80 102.65 98.55 107.40 97.55 7.36 144.00 89.90 Sasken 891.40 894.40 902.25 921.00 892.00 58.43 1528.95 807.85 11 894.90SastaSunVent 378.90 393.60 391.85 403.20 388.80 22.52 583.00 97.00 391.20SatiaIndus 91.70 95.20 93.00 95.95 92.55 244.95 118.00 73.00 Savita 998.40 1012.05 995.00 1029.00 995.00 5.67 1822.65 920.00 5 1012.55SBI [1] 498.40 498.70 503.00 505.35 497.2513899.43 549.05 321.15 13 498.55SBICards&Pay 790.50 797.80 799.80 806.95 794.00 1321.16 1165.00 776.00 SBILifeInsur 1100.95 1101.75 1108.00 1114.95 1098.70 1743.77 1293.00 840.00 81 1101.85Schaefl�erInd [2] 1819.80 1805.30 1847.10 1872.90 1790.30 52.06 1928.01 964.95 45 1802.85SChand&Co [5] 107.65 110.75 108.90 112.00 105.05 54.57 149.40 71.75 64 110.30Schneider [2] 113.60 114.00 113.70 118.60 113.10 973.58 147.00 86.50 114.00SCI 112.60 112.00 114.60 115.45 111.60 937.44 160.20 91.25 7 112.10Seamec 1098.65 1139.65 1144.50 1147.80 1080.00 3.78 1309.35 385.50 29 1140.05SecureludTec 97.05 106.75 96.35 106.75 96.35 112.69 243.75 80.00 SecuriIntSvc [5] 479.70 479.90 486.00 499.00 476.50 172.56 559.75 350.45 61 479.45Selan Exp 149.75 149.00 150.70 154.60 148.20 77.15 180.05 113.10 28 148.75Sequent Sc [2] 139.70 140.75 141.00 147.40 139.15 1719.03 336.40 136.45 140.70Sesh.Paper [2] 138.40 140.90 139.10 142.85 138.95 34.00 230.00 137.10 8 140.85SetcoAuto [2] 15.15 15.10 15.25 15.85 15.00 102.27 25.20 12.75 15.20Shah Alloy 59.80 62.75 56.85 62.75 56.85 77.88 69.45 7.73 2 62.70Shakt.Pump 529.50 534.90 531.60 548.50 530.15 35.30 910.00 475.00 16 535.75Shal.Paints [2] 131.70 130.10 132.65 134.10 129.10 118.98 150.60 82.90 130.10SHALBY 126.65 127.20 127.30 129.95 126.45 106.00 214.00 96.05 20 127.30ShankarBldg 678.25 691.20 680.00 713.95 679.00 230.80 751.00 359.50 70 691.15Shanthi Grs [1] 194.30 197.20 195.05 205.00 195.05 392.01 211.20 119.65 38 196.75ShardMotor [2] 706.75 730.00 706.00 733.90 703.90 10.00 950.00 323.65 15 728.95ShardaCropch 517.80 561.30 532.00 569.50 530.00 345.87 673.00 274.00 19 561.50ShareIndSec 1098.25 1089.25 1092.00 1130.00 1077.00 15.10 1368.85 221.20 SheelaFoam [5] 3243.95 3311.25 3260.20 3338.00 3211.75 35.17 3949.40 1900.00 79 3309.15Shemaroo Ent 109.60 112.90 110.00 114.70 110.00 39.50 181.00 63.25 45 113.15Shilpa Med [1] 441.00 442.15 445.00 455.00 440.10 125.80 670.95 317.05 30 442.90Shiv.Global 24.90 23.70 23.70 24.90 23.70 70.88 38.95 7.85 19 23.65ShivalikBimt 419.05 431.15 419.00 453.55 419.00 52.16 508.75 115.10 Shivam Auto [2] 24.95 25.80 24.10 26.10 24.10 413.50 44.85 13.97 25.75ShivaMills 114.10 119.10 112.00 119.80 108.40 113.45 209.00 40.00 6 118.40ShivaTaxyarn 203.50 228.20 205.05 239.50 205.05 60.57 322.15 126.00 13 227.20ShivlkRasayn 828.15 851.60 858.95 918.20 845.50 6.62 1195.00 812.00 Shop.Stop [5] 331.85 336.70 331.85 341.25 331.85 97.58 425.00 180.00 336.00Shr.CU.Fin 1710.85 1678.90 1750.15 1750.15 1670.60 15.33 2600.00 1321.55 10 1680.35Shr.EPC 7.90 7.85 8.00 8.35 7.70 1386.94 12.42 3.80 7.87Shr.Ren.Sug [1] 31.50 34.50 31.50 34.65 31.4013506.97 47.75 9.00 34.45Shr.Tr.Fin 1204.20 1175.10 1218.00 1221.80 1171.55 934.06 1696.15 1104.05 13 1176.30ShradInfProj 53.35 53.80 54.20 57.50 53.55 16.59 80.00 35.55 Shre PushChe 217.15 218.45 218.00 223.10 218.00 45.59 274.95 115.50 18 218.35ShreDigvjCem 61.70 63.65 65.50 65.50 62.55 140.06 97.80 55.05 ShreeCement 24393.70 24603.45 24600.00 24799.35 24146.00 46.90 32050.00 23505.70 36 24537.90Shreyans 103.00 106.45 104.90 108.70 104.65 52.45 152.00 77.00 8 106.65Shreyas 289.10 304.35 296.10 318.00 296.10 87.19 448.00 70.00 5 305.55ShriramPropr 80.75 83.95 82.55 84.70 82.40 492.85 115.75 79.50 ShyamCent [1] 17.85 18.60 18.50 18.95 18.30 624.11 21.85 4.82 8 18.65ShyamMetalic 308.90 313.90 311.50 316.45 311.50 150.34 461.15 300.00 Siemens [2] 2406.90 2396.50 2420.30 2460.15 2392.35 222.27 2577.45 1718.00 81 2395.90SigachiIndus 300.90 312.00 312.95 325.00 308.00 233.39 494.00 297.00 SignetIndus 43.40 45.55 43.70 45.55 43.45 49.52 69.45 26.40 SikkoIndust 54.60 53.95 53.05 54.90 52.65 1.11 79.65 38.60 SIL Inv 345.95 383.00 352.40 390.10 352.40 74.85 388.50 166.60 25 384.55SilgoRetail 29.10 29.70 30.90 30.90 29.10 26.10 66.70 28.35 SillymonkEnt 23.55 24.15 22.30 24.80 22.30 15.64 32.80 17.15 SimbholiSug 18.75 19.40 19.10 19.65 18.75 82.36 44.60 6.36 19.40Simp.Inf [2] 35.40 36.15 35.50 36.90 35.00 79.80 56.05 27.80 36.25SintercomInd 92.20 92.00 94.50 94.50 92.00 2.05 108.00 61.20 Sintex [1] 8.00 8.40 7.80 8.40 7.70 4997.72 20.45 3.23 8.37SircPaintInd 447.90 451.85 443.00 458.90 443.00 12.08 625.00 283.00 Siyaram [2] 430.70 439.85 431.00 450.00 431.00 67.34 531.30 180.65 11 438.00SJSEnterpris 379.70 384.45 379.70 388.40 379.70 41.87 551.00 339.50 SJVN 28.50 28.60 28.50 29.10 28.30 1624.13 33.80 24.50 7 28.70SKF India 3412.75 3360.55 3425.00 3444.00 3315.05 29.27 4245.25 2059.50 42 3363.60Skipper [1] 66.45 66.35 67.10 68.35 66.00 56.04 98.35 51.50 54 66.50SKM Egg 63.05 61.90 63.00 64.40 61.35 72.21 98.45 43.65 15 61.95Smartlink [2] 123.25 128.75 126.95 129.40 122.00 10.49 253.80 78.10 128.75SMCGloblSecu 74.35 74.70 74.95 75.90 73.50 121.41 104.75 65.80 SML Isuzu 531.60 526.65 535.10 552.40 521.00 25.28 842.80 430.05 536.90SMS Phr [1] 98.40 102.90 98.45 104.80 98.45 86.66 199.15 98.05 11 102.80SMSLifeScien 650.05 755.65 652.40 770.70 642.65 39.57 1024.90 469.75 SnowmanLogi 33.80 34.30 35.00 35.30 34.10 282.60 59.70 33.30 34.35Sobha 728.95 768.15 750.00 776.00 740.70 540.27 1045.00 402.50 70 777.95Solar Ind [2] 2305.90 2325.65 2318.00 2346.75 2301.00 17.22 2932.95 1198.45 92 2326.15SolarActPhSc 707.25 710.40 725.00 733.95 705.50 77.11 1859.95 606.00 Som Dist [5] 37.35 40.00 37.35 40.50 37.35 182.99 58.87 27.11 39.70Soma Text 7.80 8.15 8.15 8.15 8.15 7.32 14.17 4.68 9.28Somany [2] 750.95 777.00 750.95 788.45 750.95 31.67 952.45 336.00 30 774.20SomanyHomInn 398.50 403.25 399.50 409.00 394.50 116.53 464.00 245.50 SomiConveyor 42.90 43.75 41.75 44.85 41.75 29.07 68.50 29.30 34 43.60SonaBLWPrecn 634.25 637.55 642.70 652.15 634.05 484.54 839.90 295.00 Sonata [1] 722.15 728.30 731.00 736.70 725.00 76.43 1030.00 387.15 32 728.15SorilInfrRes 80.75 80.00 82.00 93.55 75.00 454.06 227.35 76.00 80.10South In Bk [1] 8.20 8.25 8.25 8.40 8.25 2718.73 13.95 7.54 8.27SouthWestPin 198.30 203.70 200.00 215.00 200.00 32.81 249.00 33.85 SpandnaSphor 372.00 381.80 383.00 393.00 377.00 333.06 820.00 331.55 SPApparels 390.70 391.55 390.70 403.00 386.20 89.58 530.00 140.00 15 392.60Spec.Rest 145.45 145.25 147.65 153.80 143.10 401.52 161.75 35.00 39 144.85SpencersRetl 79.80 80.30 81.40 82.50 79.85 188.98 144.30 65.70 SPIC 57.55 59.65 58.50 61.20 58.30 2534.73 68.45 23.75 7 59.55Spicejet 60.85 60.70 61.80 62.05 60.35 1895.59 90.60 56.25 SPL Ind 50.55 54.45 53.00 56.00 51.45 49.43 75.55 30.60 9 54.50Sr.Leathrs 167.00 170.95 174.00 174.00 163.05 27.59 233.95 131.20 23 170.50Sr.Ray.HHP 405.15 407.30 419.45 425.00 403.00 58.55 459.00 225.65 9 406.00SREI Infr 5.10 5.35 5.20 5.35 4.90 735.86 18.39 3.47 1 5.34SRF 2375.55 2396.40 2400.00 2434.00 2381.00 448.33 2679.00 1026.63 54 2394.50StampedeCap 9.05 8.70 8.70 9.40 8.65 60.72 13.35 1.85 Star Pap 122.80 124.15 124.90 126.40 124.00 23.43 181.60 108.15 7 124.05StarCement [1] 89.50 89.20 90.95 90.95 87.15 192.10 120.00 87.40 22 89.20StarHealth 702.95 679.25 706.95 714.00 675.00 167.27 940.00 675.00 STC India 93.30 95.50 96.00 97.00 95.00 20.16 138.75 65.00 95.60Steel Strp [5] 744.15 750.25 759.70 763.00 747.65 8.72 995.00 307.80 12 751.10STEELCAST 291.30 287.05 291.00 291.00 278.05 1.54 341.05 238.00 SteelCitySec 61.80 64.50 63.00 67.00 63.00 62.59 98.70 32.55 Stel Hld [1] 133.25 132.25 136.00 136.00 130.50 7.35 0.24 0.20 Ster.Tool [2] 145.15 144.65 145.05 149.40 143.70 23.25 257.00 143.25 16 144.25Sterlg&Wilsn 328.30 327.85 332.30 337.85 321.85 287.54 509.10 183.50 SterliteTech 185.45 190.30 189.95 192.50 187.70 460.16 318.00 180.65 StoveKraft 621.05 648.40 639.00 657.40 635.20 123.76 1133.70 406.10 Str.Arcolab 341.40 348.00 341.90 351.00 341.90 505.79 946.80 338.05 113 347.65StylamIndust 891.55 925.35 916.00 931.55 900.00 2.77 1419.90 861.10 SUBEX 36.15 37.95 36.55 38.90 36.55 4467.47 74.40 26.75 Subros [2] 344.25 363.50 342.05 369.00 342.05 190.71 418.00 283.40 58 362.75Sud.Chem [2] 553.60 555.45 560.00 564.80 553.25 28.65 791.95 499.90 35 555.90Sumeet 9.65 10.10 9.55 10.10 9.35 210.26 14.43 2.56 4 10.05Sumit.Sec 644.00 651.60 644.10 665.00 644.10 2.10 899.00 460.05 34 650.80SumitomoChem 362.20 368.00 362.75 373.85 362.75 140.10 459.90 268.20 SumitWoods 13.35 13.20 13.20 13.85 13.05 31.08 22.00 8.00 Sun Pharma [1] 845.80 840.25 849.85 853.00 838.05 1979.57 902.50 561.65 116 840.25Sun Phr Adv [1] 282.20 277.90 287.00 290.75 275.10 306.23 348.75 141.00 277.60Sun TV [5] 462.65 463.95 467.75 468.95 462.25 737.13 611.25 446.00 11 463.90Sund.Brak 368.85 369.15 372.00 385.05 365.55 4.73 489.95 316.05 369.85Sund.Clay [5] 3803.65 3806.85 3822.70 3855.00 3801.05 1.80 5123.55 2821.15 57 3802.25Sund.Fast [1] 809.75 817.75 814.00 832.00 807.05 33.78 993.00 654.65 37 817.30Sund.Fin 1992.10 1925.20 2009.15 2012.80 1902.80 29.31 2883.95 1905.45 26 1922.20SundarFinHol 74.30 76.65 75.00 77.10 74.75 42.26 94.70 65.70 Sunfl�ag 66.85 67.40 66.85 69.25 66.85 124.10 96.55 56.70 5 67.50Sunteck [1] 424.40 443.85 430.00 453.55 430.00 444.24 589.95 250.05 443.75Superhouse 170.00 173.10 175.00 179.25 172.05 12.09 245.05 107.20 8 172.95Supr.Ind [2] 2040.50 2056.40 2051.20 2087.90 2018.20 90.36 2689.00 1855.80 29 2054.95Supr.Petro 677.40 670.30 679.90 682.80 661.60 35.99 820.00 378.05 9 669.80Suprajit [1] 303.55 312.15 312.00 314.50 305.05 228.82 478.00 240.10 31 312.15SupremeEngg 20.50 20.90 21.25 21.25 19.80 77.99 40.05 17.70 SupryaLifeSc 381.90 414.00 385.00 427.70 385.00 1393.08 601.90 376.75 Surya Rosh 439.30 440.25 449.80 459.45 435.00 94.31 868.40 330.10 13 439.95Suryalaxmi 72.05 73.80 72.95 75.50 70.20 40.99 98.90 27.40 7 73.90SuryodaySFB 118.45 118.65 118.70 121.00 118.00 34.70 296.35 101.80 Sutlej Te [1] 73.10 74.50 73.20 76.00 73.20 156.89 104.85 36.80 9 74.55SuumayaLife 282.80 281.35 290.95 292.80 275.00 91.78 736.85 197.65 Suven Lif [1] 79.15 79.30 80.30 81.50 78.60 153.29 124.40 69.65 79.15SuvenPharma 523.05 525.55 523.45 536.35 520.00 127.76 590.00 450.00 SuvidaInfSvc 9.65 10.10 9.90 10.10 9.70 60.79 59.65 9.65
Suzlon [2] 9.20 9.50 9.10 9.65 9.1064962.93 13.10 4.36 9.48SVPGlobalVen 64.40 63.70 64.60 66.00 62.65 626.83 164.85 61.75 Swan Ener [1] 160.55 160.45 165.80 165.80 158.15 42.51 185.05 112.50 160.05Swaraj Eng 1367.55 1356.50 1376.00 1397.95 1355.00 6.91 1989.90 1254.95 14 1358.85Symphony [2] 971.05 966.65 975.95 987.00 965.00 17.10 1529.65 890.00 58 965.05SynergGreen 158.65 159.65 164.00 166.30 157.65 9.00 243.00 135.90 Syngene Int 543.25 548.75 543.30 553.45 543.25 144.51 699.95 490.35 55 548.75
T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Tainwala 65.00 66.95 65.00 67.00 64.35 1.56 124.00 53.85 36 66.05Taj GVK [2] 135.80 137.00 135.80 142.00 135.80 518.60 161.15 102.20 137.00Take Sol [1] 30.20 31.25 31.00 32.50 30.80 819.08 74.65 29.15 31.30Talbros 440.00 449.30 448.80 467.35 445.00 47.06 654.90 193.05 14 449.20Tanla Sol [1] 1526.60 1553.25 1558.00 1584.75 1531.30 271.01 2094.40 735.00 175 1550.30Tarmat 57.00 57.20 60.00 60.00 56.05 26.71 98.00 42.10 17 57.65TarsonsProd 630.75 631.80 639.00 649.10 630.00 63.51 924.90 581.45 TastyBiteEat 12084.90 11954.50 12150.00 12330.00 11802.00 0.87 21470.50 11605.00 157 11903.25Tata Chem 868.50 864.10 873.20 882.20 862.10 704.49 1158.00 637.70 33 864.90Tata Cof [1] 197.00 199.80 199.00 201.95 199.00 509.45 254.00 91.15 32 199.95Tata Com 1220.50 1214.60 1221.05 1237.90 1206.35 204.21 1590.00 930.05 35 1216.00Tata Elxsi 6560.85 6603.75 6650.00 6760.00 6565.00 182.58 7949.00 2544.80 82 6602.50Tata Inv 1347.05 1356.05 1353.80 1379.80 1350.00 22.55 1734.00 953.00 37 1354.60Tata M DVR [2] 223.45 225.20 226.45 229.00 224.05 1333.99 298.50 118.75 225.25Tata Metlk 741.35 741.85 744.00 754.00 738.55 26.99 1374.00 695.00 9 742.35Tata Motors [2] 478.25 477.00 481.75 485.40 475.3017704.00 536.50 268.50 477.00Tata Steel 1138.70 1139.00 1148.00 1152.60 1134.00 4960.84 1534.60 656.55 4 1138.80TataConsuPro 715.20 723.25 715.00 731.20 714.10 1816.65 889.00 577.05 TataPowerC[1] 222.65 221.20 226.00 226.80 220.3523583.04 269.70 89.10 31 221.20TataStlLngPr 692.25 694.80 694.00 710.00 692.00 51.80 1087.70 644.45 TatvaChinPha 2149.10 2193.70 2190.00 2214.90 2150.00 21.12 2977.80 2001.00 TCI Devl 311.40 316.25 321.35 324.75 310.05 1.47 549.00 278.55 314.90TCI Express [2] 1671.90 1785.05 1700.00 1814.00 1661.35 22.74 2570.00 807.00 51 1783.85TCNSClothing 656.75 675.75 662.65 690.00 656.95 18.22 932.00 437.35 TCPLPackage 705.20 749.30 710.00 774.75 710.00 102.16 837.00 360.00 TCS [1] 3586.40 3563.80 3611.00 3622.90 3555.65 2426.20 4045.50 2701.00 36 3565.30TD Power 352.35 362.25 351.00 371.00 351.00 23.06 492.60 141.90 26 361.90TeamleaseSvc 3874.80 3956.75 3905.10 4001.00 3900.00 26.15 5544.10 2777.20 72 3963.90TechInd Nirm 11.20 11.75 11.75 11.75 11.75 9.55 11.93 2.50 11.93TechMahindr [5] 1412.55 1413.30 1422.00 1424.95 1409.20 1319.71 1837.75 915.05 27 1414.00Technocr 813.65 819.65 810.00 838.00 800.45 15.38 993.40 345.05 11 819.30TechnoEle&En 246.40 244.90 246.40 251.35 244.00 28.63 362.80 222.00 TegaIndust 433.45 438.00 433.45 448.90 432.30 160.01 767.70 421.75 TejasNetwork 408.40 419.40 414.00 428.80 414.00 240.34 570.50 156.50 TemboGlblInd 272.30 280.40 270.00 286.75 269.50 186.24 334.55 116.50 TeraSoftware 48.45 50.50 48.50 51.80 48.50 26.88 85.00 33.00 50.45Tex.Infra [1] 60.50 60.25 63.95 63.95 60.00 39.39 83.75 50.00 60.30Tex.Pipe 75.10 77.00 77.00 79.70 76.00 120.74 100.90 24.20 13 76.95Tex.Rail [1] 33.45 33.00 33.65 34.75 32.55 947.97 49.80 21.83 33.10TGB Banq 8.30 8.20 8.55 8.65 8.00 25.30 12.90 4.14 8.23Thanga.Jwl 1097.95 1122.85 1103.55 1128.25 1095.10 4.14 1520.00 575.00 35 1124.10The Byke Hos 31.80 31.95 31.75 33.00 31.70 60.67 43.60 16.55 31.95TheAnupEngg 817.45 831.50 840.00 846.40 823.70 9.12 1236.95 548.00 TheGrobTeaCo 890.65 989.10 932.00 1065.00 925.45 7.97 1444.80 761.35 TheInvstTrst 101.30 98.55 102.20 103.00 97.15 11.92 141.15 83.00 TheMandRetVe 15.95 16.25 15.95 17.85 15.60 126.41 25.00 10.35 16.20TheNewIndA [5] 123.85 123.30 126.45 126.45 123.00 124.43 182.90 122.30 21 123.50Thermax [2] 1749.50 1760.90 1768.45 1815.80 1750.00 61.35 2174.00 1152.95 83 1764.15Thiru.Chem [1] 221.45 225.50 228.00 232.45 224.15 344.00 357.25 85.00 13 225.55Thom.Cook [1] 63.05 63.05 63.10 65.25 61.00 458.55 85.45 41.60 63.35ThyrocareTec 876.95 874.80 888.00 903.75 868.05 54.02 1465.90 832.00 28 873.15Tidewater [2] 1342.95 1321.85 1332.00 1360.00 1310.00 12.09 3693.75 840.00 23 1320.05TIL 110.55 118.40 108.50 121.50 108.50 22.90 245.00 108.65 118.20Tilakngr Ind 65.55 68.00 67.50 68.60 65.70 398.51 103.80 27.50 68.10Time Gty 74.10 71.85 72.25 77.75 68.15 148.15 93.70 21.45 12 71.75Time Tech [1] 70.90 71.65 71.05 73.00 71.05 334.15 94.50 52.35 16 71.85Timken 1969.80 1995.00 1970.00 2007.80 1960.05 55.93 2174.55 1208.00 58 1985.30Tinplate 322.35 331.60 326.00 337.90 326.00 298.24 395.60 146.30 12 331.60TirpathiForg 12.00 11.70 11.65 12.10 11.55 47.53 38.35 11.55 Tita.Wag [2] 89.00 89.35 88.25 92.75 88.25 473.18 123.85 44.20 14 89.35TitanCompa [1] 2450.10 2495.70 2452.00 2525.00 2452.00 2096.20 2687.30 1400.05 100 2491.10TN News 121.30 132.40 121.65 136.85 121.65 1066.65 182.80 116.30 132.30TN Petro 96.25 98.25 97.20 100.05 97.15 184.74 150.45 39.80 5 98.30Tokyo Pl 92.05 88.95 92.00 92.00 87.05 13.71 130.75 63.65 91.25Tor.Pwr 472.20 474.35 474.00 483.95 471.80 500.22 606.05 362.10 17 474.85TorrentPhar [5] 2700.40 2738.15 2721.00 2749.70 2710.10 142.53 3304.45 2311.30 44 2736.60Tou.Fin.Cor 58.10 58.75 58.35 60.00 58.35 86.66 83.30 51.65 6 58.75TouchwoodEnt 98.20 98.40 102.35 102.50 98.30 6.42 148.45 71.50 TPL Plastech 123.10 126.40 128.60 130.50 125.20 12.40 228.30 70.25 14 126.90Trans.Corp [2] 569.30 605.60 570.00 620.50 570.00 162.24 858.00 239.75 19 606.15Transwarnt 9.30 9.15 9.00 9.70 8.85 156.24 14.54 2.22 8.96TrejharaSolu 72.60 72.75 72.95 75.00 70.00 63.99 127.45 28.50 Trent [1] 1049.55 1054.30 1050.00 1084.00 1050.00 393.55 1211.95 689.15 152 1054.05TRF 115.75 116.70 118.00 118.50 116.00 7.88 171.15 81.20 116.85Trib Bhimji 67.85 68.25 68.70 69.70 68.00 75.63 104.40 58.05 20 68.20Trigyn 127.50 137.85 129.85 149.50 129.85 620.31 218.60 57.05 137.80TRIL [1] 35.10 36.75 35.80 39.80 35.80 434.97 46.50 15.90 31 36.55Triv.Eng [1] 256.55 264.65 260.00 269.45 260.00 879.54 300.00 73.70 18 263.65Triv.Tur [1] 178.70 179.65 180.00 187.55 177.10 339.94 231.25 96.00 57 180.60TT 101.75 102.95 100.80 107.75 100.80 31.27 137.00 40.15 6 102.80TTK Prst [1] 805.10 804.35 815.00 821.45 800.00 54.01 1269.60 680.00 39 805.90TTKHealtcare 702.05 694.90 699.60 712.45 690.00 7.75 827.50 456.80 25 700.00TubeInvIndia 1627.55 1574.10 1630.00 1630.00 1552.00 312.76 2025.00 1000.00 TV Today [5] 365.15 374.40 368.00 380.00 368.00 23.15 460.00 248.40 12 374.55TV18 Br [2] 58.55 61.20 59.45 61.85 59.2010565.78 77.00 26.05 57 61.20TVS Elec 205.70 211.65 209.90 220.70 208.95 216.95 283.70 117.20 24 212.30TVS Mot [1] 663.50 651.45 665.00 671.55 648.85 1558.09 793.45 495.00 33 651.35TVS Sri 1876.10 1903.00 1860.00 1917.25 1860.00 2.89 2588.00 1647.50 21 1900.40
U . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .UB [1] 1516.00 1531.80 1518.15 1548.40 1516.85 215.55 1793.65 1050.00 119 1532.25Ucal Fuel 119.90 122.35 125.00 126.50 109.10 37.34 206.10 116.60 82 121.85Uco Bk 12.20 12.30 12.30 12.55 12.25 2581.46 15.85 10.60 12.31UdaipurCemen 30.25 31.20 31.40 31.60 30.10 124.23 41.80 25.40 Ufl�ex 517.05 525.50 520.30 533.65 520.30 97.52 658.45 353.80 19 525.80UFO Moviez 92.95 94.30 93.85 95.50 93.80 55.11 125.45 68.75 94.25Ugar Sug [1] 43.30 45.20 44.00 46.10 44.00 836.09 55.00 15.80 13 45.05UgroCapital 188.35 189.45 188.35 195.00 185.95 98.93 230.35 108.55 UjivanFinSer 107.70 107.65 107.50 110.80 107.15 433.15 261.70 103.45 107.65UjjivanSFB 16.95 17.10 17.25 17.25 17.00 1202.69 38.35 16.65 UltraTech 6749.55 6780.20 6780.00 6866.00 6735.00 506.54 8267.00 5727.90 31 6784.50UmangDair [5] 70.25 69.45 73.40 73.40 69.00 17.72 99.00 50.40 69.70Unichm Lab [2] 247.55 259.40 247.65 262.90 245.00 82.92 374.90 197.50 259.40UninfoTelecm 28.10 28.40 29.45 29.45 27.60 2.36 42.90 27.15 Union Bk 40.90 42.55 41.05 42.75 41.05 8400.53 54.80 32.20 6 42.55Uniph.Ent [2] 121.50 124.85 127.00 127.00 123.50 12.38 157.00 73.00 16 124.75United Nil 326.40 325.00 327.35 337.05 322.15 0.74 499.90 280.40 United Spr [2] 838.90 856.70 845.80 869.00 840.15 1847.75 1019.75 495.15 70 857.85UnitedDrilng 440.35 444.30 435.00 468.55 435.00 62.99 604.85 242.25 UnitedPolyfb 36.80 38.60 38.60 38.60 38.60 1.37 55.20 17.35 Univ.Cab 144.25 145.90 144.25 149.90 144.25 18.14 217.55 123.00 22 145.65UnivastIndia 102.15 97.80 105.00 121.75 95.55 1751.99 121.75 37.15 UniversusImg 865.80 822.55 831.20 848.00 822.55 5.99 988.00 156.50 UPL [2] 693.35 688.00 700.05 702.65 684.85 2713.05 864.75 514.10 146 686.95Usha Mar [1] 84.20 91.95 85.35 92.95 85.35 1394.66 102.65 28.55 17 91.95UTIAMC 791.00 802.40 802.00 818.50 792.65 164.53 1216.20 538.00 Utm.Sug 190.65 200.50 193.60 204.80 193.60 194.17 307.25 88.05 8 200.60
V . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .V Mart 3440.65 3396.90 3430.00 3503.95 3380.00 11.40 4620.00 2495.80 525 3400.85V2 Retail 147.15 147.60 150.85 151.20 146.10 7.43 206.95 98.80 148.70VA T Wab [2] 298.40 305.20 305.00 309.45 302.75 172.72 404.25 228.80 20 305.20Vadilal 1162.70 1170.10 1200.00 1230.00 1160.00 56.19 1264.00 827.30 1170.75VadivrSpeChe 241.50 236.55 256.95 259.00 233.95 8.58 332.00 113.15 Vaibhav [2] 399.70 406.90 408.00 416.05 405.00 96.23 1057.70 398.00 56 407.45VaishaliPhar 46.75 55.90 46.55 56.10 46.55 1585.32 58.00 28.95 Vakrang [1] 32.90 33.60 32.80 34.20 32.80 2253.36 66.70 29.15 33.70ValiantOrgan 867.10 876.10 877.25 899.55 867.00 52.07 1848.00 862.00 Vard Text 2468.55 2586.65 2509.90 2609.00 2502.05 108.89 2880.00 971.00 10 2587.05Vard.Acry 50.10 51.70 51.45 52.70 49.55 150.09 318.55 163.30 268.95Vard.Hld 3523.60 3618.30 3583.60 3696.80 3560.15 0.75 4667.55 1362.00 14 3637.00Vard.SPC 234.80 234.80 233.45 245.00 233.45 54.21 309.30 134.00 10 235.00VarrocEngg 368.55 374.85 371.00 380.30 368.00 386.95 458.00 260.00 VarunBevera 917.55 921.65 925.00 937.00 916.00 258.12 1020.00 582.67 82 924.80Vascon 25.75 25.60 25.75 26.65 25.50 337.87 36.70 15.25 19 25.65Vaswani 20.00 19.50 19.95 20.80 19.25 69.81 38.50 8.59 19.55Vedanta [1] 350.10 352.20 352.20 355.90 348.10 9341.30 385.75 200.05 9 352.35VedantFashn 863.25 854.95 870.00 882.80 845.20 926.26 992.70 826.70 Venky's 1974.35 1998.15 2000.00 2028.50 1985.00 27.18 3950.00 1502.00 15 2001.75VenusRem 268.20 298.00 265.00 313.50 265.00 130.78 638.50 203.00 6 297.65VertozAdvtsg 95.75 98.65 95.30 102.85 95.30 41.29 322.00 79.60 Vesuvius 1107.20 1129.70 1100.05 1144.30 1100.05 5.74 1362.00 903.50 32 1123.65Veto Switch 94.05 95.00 97.00 100.80 94.05 70.97 171.85 85.45 8 94.90VGuard [1] 198.75 196.85 199.95 205.00 196.00 301.65 285.00 196.55 42 196.70VidhiSpclIng [1] 360.65 361.65 360.65 367.90 360.45 8.62 444.15 132.00 32 361.95VijayaDianos 408.15 415.25 403.50 427.25 403.50 136.54 672.00 401.00 Vimta Lab [2] 333.15 337.35 333.15 346.00 332.40 39.68 453.00 145.20 20 336.05Vinati Org [1] 1819.90 1797.80 1822.00 1848.00 1778.35 52.23 2180.40 1313.25 58 1789.35Vindh.Tel 1110.80 1121.45 1144.20 1144.20 1111.05 6.79 1499.00 765.05 12 1116.25VineetLabs 59.30 62.10 57.15 65.00 57.15 34.05 124.00 57.15 Vinyl Chm [1] 235.55 243.70 238.00 245.40 238.00 59.13 330.55 110.55 18 243.65VIP Ind [2] 648.00 654.25 648.00 694.00 648.00 1393.65 695.95 309.00 217 654.55Vipul Ltd [1] 18.95 19.00 19.35 20.10 18.90 14.54 41.90 18.00 19.35Visa Stl 13.40 14.05 12.85 14.05 12.85 25.64 21.45 5.74 14.00Visak.Ind 611.25 598.80 605.00 615.00 595.00 68.96 873.55 459.05 9 600.05VishalFabric 113.30 115.35 115.00 118.35 107.50 299.46 147.75 41.30 VishwarajSug 20.50 21.55 20.55 21.95 20.55 4567.63 220.00 20.10 Vivi Lab [2] 17.90 18.70 18.00 19.25 18.00 247.01 41.50 12.90 18.75VLS Fin 167.25 170.05 175.00 175.00 168.05 35.44 264.85 71.20 2 169.95Voltamp 1910.90 1930.35 1901.40 1937.15 1891.05 4.29 2255.00 986.40 17 1928.85Voltas [1] 1239.15 1238.95 1236.55 1263.90 1228.50 860.38 1356.90 918.00 70 1235.20VRL Logistic 451.10 454.20 450.00 475.00 450.00 173.35 591.50 201.60 28 455.25VST Ind 2962.10 2990.40 2955.00 3006.00 2955.00 3.22 3893.95 2951.95 15 2995.20VST Til 2497.75 2548.45 2491.00 2570.00 2491.00 2.67 3458.45 1650.00 24 2547.40
W . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Wabco Ind [5] 7689.25 7796.90 7839.00 7839.00 7686.05 4.07 8777.70 5510.00 111 7795.00Walch.Ind [2] 52.10 52.85 52.65 56.80 52.55 218.32 92.00 39.30 52.90Waterbase 91.15 92.30 92.55 93.85 92.05 36.60 145.80 90.00 Webel SL 97.85 93.35 94.15 99.70 93.00 676.01 172.75 38.20 31 93.60Weizman 64.40 62.05 61.65 65.55 61.35 23.82 94.10 37.30 47 61.90Wels.Corp [5] 145.40 147.00 147.00 152.15 145.15 594.74 197.00 106.00 10 146.90Wels.India [1] 106.55 112.30 112.40 115.90 108.00 2423.68 170.75 67.00 23 112.45Wels.Inv 285.10 286.15 285.65 299.40 282.10 2.29 587.00 235.60 45 291.45Welspun Ent. 85.35 85.85 86.65 87.80 85.00 85.42 134.90 78.55 16 85.65Wendt 4851.05 4953.95 5021.60 5077.00 4860.05 0.28 6249.00 3060.00 40 4969.65
West C Pap [2] 236.00 239.60 239.50 241.70 238.25 69.80 295.35 181.10 8 240.05WestlifeDevp 457.25 473.05 464.15 479.90 461.80 240.85 629.00 385.10 Wheels Ind 615.25 623.90 620.00 632.75 610.40 11.24 1039.00 412.05 19 621.70Whirlpool 1660.35 1650.35 1670.45 1690.30 1650.00 522.44 2549.80 1650.95 78 1655.05Wil.Magor 22.50 22.80 21.95 23.90 21.95 4.62 40.00 16.45 23.15Win.Diamond[2] 37.50 38.85 38.80 40.70 38.60 69.38 51.60 20.00 14 38.85WindlsBiotec 255.10 255.45 259.85 260.00 255.00 16.89 452.00 250.00 WinproIndust 6.70 6.90 6.60 7.00 6.60 320.49 14.35 5.00 Wipro [2] 564.15 567.10 569.20 570.90 562.65 7204.26 739.80 398.00 32 567.40Wockhardt [5] 376.75 376.40 379.10 385.60 374.00 267.75 804.50 361.40 376.50WonderlaHoli 218.45 232.65 224.30 235.75 220.65 156.11 269.90 172.65 232.30WorthPeriprl 106.05 107.85 106.00 110.30 105.50 21.80 132.50 45.55
X-Z . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Xchang 87.40 89.05 90.35 92.05 88.05 189.73 141.25 60.20 45 89.20XelpmocD&T 293.75 305.05 300.80 310.00 295.30 24.14 513.00 251.65 YaariDigiInt 54.30 65.15 55.35 65.15 55.35 1513.26 183.45 53.30 Yes Bk [2] 13.60 13.85 13.70 13.90 13.6074202.36 16.90 10.51 13.85YukenIndia 527.00 529.90 528.10 540.00 526.10 1.48 685.00 516.80 Zee Ent [1] 240.45 240.20 244.75 246.00 239.2010738.41 378.60 166.80 15 240.35Zee Learn [1] 13.40 13.60 13.55 14.00 13.50 1048.57 20.70 9.75 13.60Zee Med [1] 15.10 15.80 14.75 15.85 14.75 5491.07 20.27 5.70 15.80Zen Exp 75.45 73.90 78.60 78.70 73.00 4.28 116.00 60.55 76.00Zen Tech. [1] 193.35 197.55 197.60 200.95 196.45 122.82 257.70 65.00 197.60ZensarTec [2] 337.05 343.90 344.00 348.90 339.40 1023.93 587.00 240.00 26 344.00Zod.Clo 100.95 102.20 102.45 104.90 101.60 10.60 153.80 85.05 101.85ZomatoLtd 79.70 84.15 82.00 85.15 81.2019847.60 169.00 75.75 ZotaHealthCr 315.90 317.00 318.70 326.55 311.90 40.78 448.00 137.25 Zuari Ag 123.55 126.90 123.55 131.80 123.55 115.62 158.90 83.30 126.70Zuari Glo 155.55 160.90 162.50 164.75 158.95 79.40 189.00 74.05 9 160.95ZydusWel 1525.40 1518.55 1537.65 1538.20 1506.60 16.70 2472.85 1431.00 1516.50
Exchange Traded Funds
Company Pre Cl NSE Cl Vol 52 WH 52 WL BSE Cl
Axis Gold [1] 43.27 43.05 71.37 43.60 38.36 43.10AXISAMC AXISBNKETF 373.92 375.47 0.15 449.40 304.50 AXISAMC AXISBPSETF 10.46 10.49 23.30 10.69 9.06 AXISAMC AXISCETF 68.64 68.90 0.06 81.00 60.00 AXISAMC AXISHCETF 83.25 82.46 1.12 105.00 79.80 AXISAMC AXISNIFTY 180.60 180.49 2.69 212.22 132.00 AXISAMC AXISTECETF 347.13 344.40 3.43 437.10 250.95 Bank BeEs [1] 377.01 377.26 454.00 420.43 303.00 376.95Birla Gold 45.40 45.14 12.65 46.03 40.50 45.14Birla Nifty [100] 18.99 19.00 82.70 4810.00 4061.00 4579.38BIRLASLAM ABSLBANETF 37.27 37.26 4.85 420.00 33.90 BIRLASLAM ABSLNN50ET 40.97 41.30 1.58 520.00 40.11 BIRLASLAMCBSLSENETFG 54.96 54.82 0.93 664.99 47.55 BIRLASLAMC HEALTHY 8.07 8.15 19.04 10.41 7.97 BIRLASLAMC SILVER 66.55 66.14 56.91 68.80 63.20 BIRLASLAMC TECH 33.91 34.11 2.64 43.75 33.29 ConsConstCon 135.37 135.41 346.78 156.00 95.00 DSPAMC DSPNEWETF 191.89 193.16 0.93 209.85 158.90 DSPAMC DSPQ50ETF 160.82 162.14 4.72 186.00 157.63 DSPBRAMC QUIDETF 1000.00 1000.00 8.23 1020.00 805.90 EDELAMC BBETF0432 1004.45 1004.97 2.04 1008.00 994.99 EDELAMC EBANK 3911.25 3955.66 0.02 4398.00 3242.33 EDELAMC EBBETF0423 1161.08 1164.26 1.31 1183.10 1083.37 EDELAMC EBBETF0425 1083.22 1083.89 3.65 1170.00 1005.00 EDELAMC EBBETF0430 1196.67 1197.59 9.71 1247.90 1064.16 EDELAMC EBBETF0431 1064.83 1064.64 117.22 1143.10 994.01 Gold BeEs [1] 43.38 43.09 3618.23 43.74 38.17 43.09Goldmanamc CPSEETF 31.70 31.46 502.82 32.95 21.08 31.52HangSengBees [1] 303.98 307.10 1.95 382.00 287.00 306.85HDFC Gold [1] 44.39 44.13 177.57 44.89 38.70 44.14HDFCAMC HBANKETF 373.22 374.06 1.54 419.95 300.00 HDFCAmcNift [76] 183.49 183.32 38.25 202.00 148.55 183.36HDFCAmcSens 617.37 617.51 1.15 704.92 455.00 IBULLSAMC IBMFNIFTY 183.58 180.28 0.93 200.00 140.00 ICICIPRAMC BHARATIWIN 46.60 46.50 150.27 52.20 31.20 ICICIPRAMC ICICI500 23.95 24.10 36.47 283.80 23.12 ICICIPRAMC ICICIALPLV 167.09 167.51 11.20 197.60 131.70 ICICIPRAMC ICICIAUTO 113.71 113.42 4.16 124.40 109.65 ICICIPRAMC ICICIBANKP 187.11 187.27 3.11 227.70 160.40 ICICIPRAMC ICICICONSU 68.89 69.10 1.19 82.25 57.01 ICICIPRAMC ICICIFMCG 362.78 363.86 0.65 437.00 356.22 ICICIPRAMC ICICILIQ 999.99 999.99 67.85 1040.00 971.50 ICICIPRAMC ICICIM150 108.18 109.36 96.99 132.70 86.25 ICICIPRAMC ICICINXT50 41.05 41.41 364.47 50.97 31.30 ICICIPRAMC ICICIPHARM 81.44 81.49 3.11 105.00 71.99 ICICIPRAMC ICICISILVE 66.61 66.34 415.96 68.00 62.91 ICICIPRAMC ICICITECH 348.25 348.66 451.40 419.70 201.48 ICICIPRAMC IPRU5008 372.16 372.85 3.95 449.70 285.00 ICICIPRNIFLWVL30ETF 44.52 44.21 347.89 49.20 37.05 ICICIPRNIFLWVL30ETF 98.15 99.56 2.89 115.00 77.10 ICICIPRUDENTIALNV20ETF 93.91 93.80 11.63 109.10 69.30 ICICIPRUDNIFTY100ETF 187.25 187.84 6.04 208.00 143.40 ICICIPRUDNIFTYETF 183.97 183.85 537.58 231.30 140.80 ICICIPRUDSENSEXETF 625.81 625.18 1.13 700.00 493.60 IDBI Gold [100] 4611.35 4574.80 0.16 4810.00 4061.00 4579.38IDFCAMC IDFNIFTYET 177.80 181.26 0.05 223.00 147.47 Infra BeEs 505.91 505.77 0.86 1950.00 1477.00 1788.03InvesIndGold [100] 4520.00 4498.95 0.22 4550.00 3989.50 4491.18InvesInNifty 1855.00 1872.40 0.02 2319.00 1521.30 Kotak Nifty [5] 180.61 180.32 123.77 2252.45 1627.25 1887.75Kotak PSU Bk 268.29 270.77 2.01 305.25 187.95 271.19KOTAKMAMKOTAKALPHA 31.48 32.05 248.47 41.00 30.95 KOTAKMAMC KOTAKIT 34.52 34.55 17.77 46.00 23.36 KOTAKMAMKOTAKMID50 78.37 79.00 0.82 88.00 77.00 KOTAKMAMCKOTKBKETF 377.25 377.94 32.98 429.70 298.90 KOTAKMAMCKTNV20ETF 96.57 95.45 14.66 104.98 73.20 Kotal Gold [1] 43.38 43.18 151.78 43.73 36.81 43.20LICNAMC CNFENGP 182.71 184.25 0.57 210.00 151.26 LICNAMC CNFESGP 615.70 613.54 30.85 677.40 493.95 LICNAMC CNFNHGP 182.84 182.99 180.80 230.00 142.10 LICNAMC CNMFET 22.26 22.22 5.55 26.94 19.00 Liquid BeEs [1000] 1000.00 1000.00 1005.59 1015.00 971.00 1000.00MIRAEAMC MAESGETF 28.93 28.91 5.41 32.18 21.75 MIRAEAMC MAFANG 48.18 48.43 1057.57 69.00 41.10 MIRAEAMC MAFSETF 17.44 17.45 19.21 21.00 15.05 MIRAEAMC MAHKTECH 17.43 17.12 79.66 23.00 16.00 MIRAEAMC MAMFGETF 76.96 77.25 3.25 95.00 75.90 MIRAEAMC MAN50ETF 176.80 176.51 4.49 210.80 143.70 MIRAEAMC MANXT50 401.65 405.75 0.44 530.18 327.82 MIRAEAMC MASPTOP50 27.96 27.91 108.95 37.00 24.20 MOTILOS MIDCAP100 ETF 30.06 29.85 403.07 36.65 23.60 MOTILOS NASDAQ100 ETF 101.63 102.57 1185.13 1143.10 95.80 MOTILAL OSWAL M50 ETF 170.03 169.96 1.03 194.00 131.10 MOTILALAMC G5 49.59 49.55 1.52 59.05 41.99 MOTILALMOMOMENTUM 192.03 195.76 0.92 204.99 190.05 MOTILALAMC MONQ50 57.97 57.85 25.32 78.00 49.05 NI I ETF NIFTY MIDCAP 150 108.91 108.59 107.13 140.00 82.51 NiftyBeEs [1] 185.27 185.05 1460.49 201.00 146.60 184.99NiftyJrBeEs [1] 421.72 425.67 93.82 473.00 343.60 425.58NIIndETFLong 22.36 22.49 22.46 25.80 20.80 NIPETFDivOpp 43.90 44.02 4.29 51.20 32.51 NIPP INDIA ETF NIFTY 100 178.83 178.91 0.56 219.40 146.15 NippnIndNim 108.08 107.99 0.02 109.25 101.50 NippoIndETF 73.93 74.30 1.47 86.00 60.36 NIPPON INDIA ETF NV20 97.07 96.68 3.51 118.00 76.45 NIPPONAMC NETFAUTO 114.12 113.69 12.63 120.75 108.05 NIPPONAMNETFPHARMA 13.02 13.07 96.47 17.44 12.83 NIPPONAMC NETFSILVER 64.29 64.08 518.11 66.40 59.44 PSU Bk BeEs [1] 29.85 30.19 414.14 34.11 20.75 30.17Qgold [2] 43.06 42.83 7.93 43.29 38.06 42.84Qnifty 1792.00 1786.60 0.01 1950.00 1477.00 1788.03RELCAPAMC NETFGILT5Y 49.68 49.77 14.48 59.00 41.99 RELCAPAMC NETFIT 34.92 34.90 882.88 41.08 24.00 RELCAPAMCNETFSDL26 107.49 107.51 5.62 124.00 100.93 SBIAMC SBIETFCON 68.40 69.13 5.87 77.31 58.55 SBIAMC SBIETFIT 348.44 349.79 3.62 428.70 203.00 SBIAMC SBIETFPB 190.69 190.00 0.12 222.00 163.11 SBIAMC SBIETFQLTY 145.82 146.71 2.48 164.98 122.10 SBIAMC SETF10GILT 203.00 203.00 0.12 237.98 190.33 SBIETF Gold 44.42 44.16 372.42 4404.25 42.00 SBIETF NIFTY 50 175.01 174.89 373.80 196.54 141.00 SBIETF NIFTY BANK 373.24 373.77 9.32 420.00 303.60 SBIETFNN50 415.55 421.40 10.43 468.60 340.12 Sharia BeEs 431.20 431.17 1.04 518.00 334.63 431.50TATAAML NETF 176.63 178.24 103.50 222.68 160.10 TATAAML NPBET 189.40 193.59 0.15 228.89 163.65 UTI Gold [1] 43.25 43.00 82.13 43.60 39.21 43.01UTIAMC UTIBANKETF 37.47 37.64 3.24 45.00 26.40 UTIAMC UTINEXT50 41.86 42.32 8.53 435.30 33.00 UTIAMC UTINIFT 1803.77 1802.92 0.59 2240.00 1412.00 UTIAMC UTISENS 602.00 602.86 0.69 737.55 487.50 UTIAMC UTISXN50 46.92 47.55 0.90 59.00 37.10
*: Closing price is the average of trade price(s) for the last half an hour;52Week High/Low fi�gurespertain to BSE.
Shares of face value other than ₹�10 is indicated in brackets immediately following the name of thecompany.
Qty (No of shares traded) is denoted in thousands.
The PE(priceearnings multiple) of each stock is based on the latest declared earnings.
The PE computation takes into account the per share earnings of each company for the latest 12months.
BSE Stocks
7Nr 18.65 18.85A.K.Capital 394.00 374.00A.Sarabhai 34.00 33.20Aarey Drugs 40.55 41.55Aarnav 69.05 72.50Aartisurf 790.40 794.50Abslamc [5] 507.20 511.30Accel [2] 23.05 21.90Acrycil Ltd. [2] 727.60 726.75Ador Fontech[2] 70.70 72.50Ael [5] 46.50 46.65Agol 66.30 65.60Agstra 104.50 105.55Aiil [1] 152.60 157.15Ajanta Soya 197.65 187.80Alka India [1] 2.53 2.65Alu Fluoride 303.80 310.20Amerise [1] 1.59 1.66Amines&Plast [2] 90.75 97.65Amintan [1] 3.13 3.25Amiorg 871.40 886.20Amrawor Agr[1] 1.48 1.55Anandrathi [5] 560.25 561.30Andhra Petro 106.85 108.30Andrew Yule [2] 22.25 22.60Angelone 1285.15 1324.40Anmol 222.30 215.85Ansal Build. 86.80 90.60Anuh Pharma[5] 99.45 99.85Anup 817.85 832.00Anupam [1] 3.34 3.18Anuras 852.90 863.95Apmfi�nvest [2] 55.50 54.30Apollotri [2] 760.45 769.30Aptus [2] 337.95 342.40Arcfi�n 60.95 63.95Arihant Cap. [5] 329.80 334.15Arl 59.30 56.35Artson Eng [1] 63.85 60.70Aryaman Fin. 80.95 72.90Ashirwa Cap [1] 6.69 6.94Asian Tea 17.10 17.15Asianene 114.10 119.30Asm Technolo 604.65 619.65Asrl 108.75 111.90Asso.Alcohol 419.65 438.25Available Fi 85.25 81.35Avi 40.70 41.00Awhcl [5] 274.45 280.40Awl [1] 314.40 345.10Axtel Indus. 281.05 272.65Bajaj Steel [5] 663.85 684.45Bajajhcare [5] 373.50 390.45Balmer La.In 378.00 379.25Baluforge 123.40 126.20
Banas Fin. 67.50 64.15Barbeque [5] 1240.10 1261.65Baroda Extr. [1] 4.91 4.98Basant Agro [1] 17.10 18.00Bclenterpr 45.45 47.70Bcpl 42.65 42.85Bectorfood 318.05 310.00Beeyu Overse 3.13 2.98Bestagro 884.10 903.05Bfl�afl� 246.55 258.85Bharat Seats [2] 70.25 70.55Bhilwra Tec [1] 18.35 18.50Bihar Sponge 10.31 10.15Bilcare Ltd. 70.40 70.20Binny Ltd. [5] 340.15 336.05Biogen [1] 1.43 1.49Birla Pretec [2] 27.60 28.95Birlatyres 22.25 22.85Bla Ros Ind [1] 184.60 191.70Bmw [1] 27.50 25.95Brahm Infra 33.90 35.45Bridge Secur 15.05 14.70Cams 2340.10 2309.65Captain Poly [2] 20.85 20.90Cartrade 561.45 544.90Chandra Prab 209.85 209.35Charterlogis [1] 7.77 7.63Chemb Chm [5] 181.40 180.05Chemcon 294.55 297.45Chemplasts [5] 477.65 472.65Cheviot Co. 1104.45 1103.65Choice Int. 160.75 182.05Clean [1] 1862.05 1875.15Clio Infotec 6.70 6.40Cmsinfo 240.80 241.80Cni Res Ltd [1] 2.38 2.29Coast Corp 335.20 368.30Cockerill 1432.95 1486.10Com Fincap 24.90 25.95Comfort Com 15.55 15.45Corpor Cour 12.92 13.56Cosco India 226.50 242.90Cosmo Ferr. 344.75 327.55Cressanda So[1] 7.10 7.45Ctl [1] 11.97 11.62Cubical Fin. [2] 3.07 3.00Darshanorna 120.10 125.75Datapattns [2] 596.95 615.80Decipher 67.35 70.70Deep 553.85 570.35Deepak Spinn 259.85 261.15Deepind 182.80 182.05Devyani [1] 156.30 155.65Dhanvarsha [2] 123.30 115.00Dharamsi Chm 350.85 369.60
Diana Tea Co [5] 28.05 27.65Disa India 5798.20 5825.05Dodla 432.80 437.50Duncaneng 251.45 252.75Dynamic 129.00 125.95Earum [2] 6.46 6.78Easemytrip [2] 548.70 550.35Ecoreco 118.40 119.10Elantas 3376.00 3464.95Equitasbnk 53.80 54.20Evexia [2] 7.31 7.39Exxaro 115.10 120.80Facor Alloys [1] 7.23 7.59Fairchemor 1620.60 1649.10Faze Three L 281.90 295.95Fermenta [5] 251.40 248.20Fiberwb In 42.85 44.20Filat Fash [5] 6.28 6.09Fineline Ci 63.70 60.60Finkurve [1] 52.15 46.95Finopb 278.95 268.10Flomic 138.20 139.65Foods & Inns [1] 84.70 88.00Force Motr 1028.50 1060.40G.V.Films [1] 1.18 1.23Ganesh Benz[1] 90.30 91.50Gayatri Bio 17.45 17.35Gbfl� 11.70 11.15Gemstone In[1] 1.78 1.70Gennex Lab [1] 7.72 7.99Genpharma [1] 5.84 6.06Ggeng [2] 8.98 8.26Gkp 149.85 151.60Glance Fin. 78.75 71.45Gland [1] 3246.20 3359.50Gls [2] 475.75 481.15Gocolors 924.30 922.85Godavari Dru 57.75 60.00Goodyear (I) 884.00 900.00Grauer& Weil[1] 53.55 54.15Greenpanel [1] 460.90 472.15Grinfra [5] 1381.55 1393.45GrmOversea[2] 532.95 559.55Grwrhitech 613.90 681.85Gstl 57.10 59.65Gtv 69.75 73.00Guj.Themis. [5] 359.25 364.85Haldyn Glass [1] 36.95 36.05Hansugar 6.56 6.71Happstmnds [2] 982.15 995.30Hawkins Cook 5558.25 5533.80Hemiprop 111.15 111.50Heranba 602.60 604.40Hfi�l 21.25 21.55High Energy 1588.50 1620.70
Hitech 536.75 532.15Hleglas 5186.20 5354.85Hpal 357.85 367.95Icicitech 349.35 347.91Iifl�sec [2] 83.00 85.20Iifl�wam [2] 1507.40 1497.40Ind.Acrylics 12.95 13.20Indiamart 4789.80 4820.55Indian Info. [1] 4.04 4.24Indian Sucro 53.75 57.15Indigopnts 1755.75 1796.50Indo Amines [5] 93.95 99.00Indoboraxc [1] 129.50 130.10Indrayani Bi 21.75 20.70Indsil Hyd 83.75 85.35Int.Conveyor [1] 69.15 69.65Integra Tele 22.60 23.70Inter St.Fin [1] 13.35 12.69Ion Exchange 1865.40 1857.15Ipl [1] 294.25 292.10Ircon [2] 41.60 41.75Irctc [2] 789.70 814.10Irfc 21.75 22.00Isec [5] 631.85 651.50Isgec [1] 522.00 526.40Ishan Dyes 138.75 143.90Isw Ltd [1] 3.33 3.49Jasch Indust 164.80 172.70Jaykay [1] 55.50 57.80Jayshri Chem 7.62 7.30Jct Ltd [2] 4.85 4.63Jkagri Gen 560.30 545.90Johnpharma [1] 1.23 1.26Jstl 140.65 142.10Jtl Infra [2] 229.95 229.35Jublingrea [1] 478.35 504.80Jyoti Resins 1318.05 1435.50Kalyankjil 59.30 59.30Kanchi 709.10 704.30Kcp Sugar In [1] 23.00 24.45Kennametal 1857.25 1884.70Khaitan Che[1] 96.10 101.10Kilpest (I) 357.25 359.05Kims 1220.85 1221.45Kingsinfra 67.95 71.30Kiran Syntex 17.93 18.82Kirl.Ferrous [5] 194.25 202.95Kirlosar Pn [2] 380.75 401.20Kisan Mould. 13.80 13.90Kmc Shil [1] 57.40 59.30Kotaknifty 180.51 180.56Kpiglobal 391.20 390.85Kpittech 571.25 570.70Krettosys [1] 1.13 1.08Kriti Nutri [1] 46.55 48.80
Krsnaa [5] 593.30 592.15Kushal [2] 5.13 5.32Lancer 200.50 204.20Latentview [1] 421.60 424.15Latimmetal 121.15 125.65Lee&Nee Soft 14.30 13.60Lelavoir 55.45 57.00Likhitha 299.85 307.90Lloyds Met E [1] 117.55 122.05Lodha 1183.55 1193.70Looks 13.08 13.37Luharuka [1] 3.84 3.66Lxchem [2] 403.30 411.30Madhavipl [1] 5.52 5.77Madrasfert 30.35 31.45Mafang [40] 48.30 48.48Maha Corp [1] 1.49 1.56Maha.Rubtech 134.40 129.70Mahavirind [5] 1.88 1.97Mangalam In[1] 6.14 5.90Manorama 1185.05 1223.45Manorg 831.50 862.65Manvijay [1] 80.60 81.90Manyavar [1] 863.60 853.85Mapmyindia [2] 1346.35 1421.40Masptop50 [20] 27.99 28.22Maxhealth 372.85 368.95Mazdock 241.75 241.15Medi Caps 50.55 51.05MediaMatrix [1] 12.13 11.90Medicamen Bi 631.70 623.80Medplus [2] 953.85 983.90Mega Corpn. [1] 2.65 2.52MenoPiston [1] 45.35 46.60Metrobrand [5] 545.10 545.80Mfl� 794.70 804.70Mfl� India [1] 1.34 1.40Mfsintrcrp 45.85 48.05Minaxi Text. [1] 3.27 3.14Mishtann [1] 29.45 29.05Mkexim 129.75 123.30Modinatural 192.00 197.95Modison Met[1] 71.45 72.50Mol [1] 93.65 96.05Monarch 173.30 172.35Moschip [2] 61.20 64.25Mstc 315.95 318.75Mtartech 1770.00 1806.60Mukta 7.01 6.85N.R.Agarwal 217.80 223.90Narayani 10.32 9.29Nat.Peroxide 1624.95 1630.50Natraj Prote 102.40 97.65Natural 12.89 11.70Nazara [4] 1842.90 1861.15
Ncl Research [1] 1.47 1.53Ndrauto 387.10 356.45Neogen 1538.90 1554.20NglFine Chm [5] 2108.15 2158.95Nikhil Adhsv 690.75 698.15Nile Ltd. 529.15 563.05Nitta Gela 271.70 276.25Nouveau 12.09 12.33Novartis [5] 648.35 660.75Ntc Indust 96.35 98.70Nureca 1379.90 1409.25Nuvoco 345.60 335.50Nykaa [1] 1332.05 1370.00Nyssacorp [1] 7.33 7.33Oal [5] 615.35 624.15Odyssey Cor[5] 8.32 8.24Omansh [2] 2.55 2.67Oneglobal 29.40 32.30Ontic 19.45 19.50Orchasp [2] 5.93 6.21Orientelec [1] 330.00 324.25Orosmiths [1] 6.71 6.95Osiajee 52.30 52.90Pan India C 4.75 4.52Panafi�c [1] 2.11 2.19Panth 13.01 13.44Paras 613.20 618.35Parleind 8.63 8.79Parnaxlab 100.80 105.80Pas.Acrylon 36.85 38.25Patel Airtem 236.30 236.95Paytm [1] 815.50 822.50Perm Magnets 348.20 379.50Piccadily Ag 24.80 26.35Pix Trans 880.40 883.90Pmcfi�n [1] 4.95 4.73Policybzr [2] 684.55 676.80Polycab 2376.25 2388.10Pooja 45.45 43.20Powerindia [2] 3177.30 3196.30Ppl 156.25 159.10Pqif [2] 50.05 52.55Princepipe 658.85 664.80Prism Medi 7.51 7.14Prismx [1] 7.27 7.85Pritikauto [2] 15.55 15.90Pro Fin Cap. 72.80 80.05Pun.Alkali [2] 76.20 77.15Raclgear 535.45 566.40Radhikajwe 160.95 168.80Raghunath In 18.30 19.20Raghuvir Syn[1] 197.25 187.40Railtel 98.65 99.55Rajoo Engin. [1] 30.65 31.15Rama Phosph 328.70 342.50
Raminfo 123.05 118.40Rategain [1] 311.50 319.60Rba 108.75 109.10Rdb Rasayan 83.70 86.85Rgrl 13.55 13.15Rnb Denims [2] 80.00 84.00Rossari [2] 978.75 997.45Route 1498.25 1492.55Rpel 540.10 528.85Rubfi�la Int. [5] 90.70 94.10Ruttonsha In 388.15 407.55Rvnl 31.20 31.70S.I.Paper 149.65 147.15Sacheta Met. 28.55 29.00Sadhana Nitr[1] 118.40 112.50Sahya Indu 474.30 475.05SaintGobain 77.15 79.00Samtex Fash[2] 3.83 4.02Sandur Mang. 2776.95 2849.40Saninfra 336.95 349.45Sankhya Info 8.87 8.90Sansera [2] 643.60 646.75Sapphire 1309.60 1352.60Satia [1] 91.70 95.20Sauras.Cem. 67.25 67.65Saven Techn[1] 43.75 45.05Sbicard 790.15 797.25Scandent 22.55 21.95Scanstl 32.50 33.05Seacoast [1] 15.20 15.15Setfnif50 175.06 174.97Shalimar Pro [1] 0.90 0.91Sharp Inv [1] 2.67 2.79Sheetal Diam[5] 8.61 8.20Shil [2] 396.20 401.80Shiv.Bimetal [2] 418.85 430.90ShivaCement[2] 34.65 35.40Shivalik [5] 828.90 851.80Shree Global [1] 7.01 7.30Shreeganes [1] 10.20 10.50Shrirampps 80.80 83.95Shyammetl 308.65 314.05Siddha Ven 7.40 7.03Sigachi 300.40 311.85Simran Farms 147.05 151.75Sinclair Hot [2] 79.80 79.95Sindhu Trade[1] 154.80 147.10Singer India [2] 52.00 53.20Siptl [1] 1.20 1.26Sisl 1092.40 1099.40Sjs 379.45 383.95Smartfi�n [1] 7.90 7.90Smcglobal [2] 76.15 74.95Smgold 177.20 159.50Smslife 655.55 759.30
Snl Bearings 298.00 301.70Solara 705.40 710.70Sonacoms 634.05 637.50Spaceincuba 3.46 3.63Spandana 370.15 381.80Spel Semicon 68.50 71.90Spencer [5] 80.00 80.40Spicejet Ltd 60.90 60.70Srd 149.40 156.85Srestha [2] 1.75 1.75Sri Digv Cem 61.80 63.45Sri Kpr Ind 25.55 28.25Starhealth 704.75 680.10Starteck 115.00 120.95Stovekraft 621.05 647.40Sumedha Fisc 57.05 52.70Sumichem 362.20 368.10Sunshield Ch 441.15 468.25SuperTanner [1] 5.34 5.44Superb Paper 21.85 23.45Superior [1] 3.34 3.23Supremex [1] 4.60 4.45Supriya [2] 381.85 413.95Suraj Indus. 145.05 138.00Surat Text. [1] 13.55 14.20Suvenphar [1] 522.70 523.30Svam Softwar 6.30 6.20Svartcorp [1] 5.56 5.60Svcind 4.70 4.93Svpglob [1] 64.30 63.65Swarnasa 22.15 24.20Swasti Vinay [1] 8.28 8.35Swissmltry [2] 31.05 29.50Swsolar [1] 328.10 328.00Synco Form. [1] 10.15 9.90T & I Global 98.50 85.85Taalent 1521.90 1575.00Tai Indust. 46.45 51.05Taneja Aero. [5] 108.00 103.60Tarc [2] 39.60 39.20Tarsons [2] 630.70 632.45Tata Yodogaw 125.90 129.65Tatia Glob [1] 3.44 3.52Tatva 2148.45 2188.55Tcnsbrands [2] 658.60 673.90Tcpl Pack 707.25 748.55Tega 433.80 438.75Tejasnet 408.30 419.95Tejnaksh 147.45 151.35Tgvsl 61.95 62.20Thinkink [5] 49.00 47.65Tiger Logs 216.60 219.55Tiindia [1] 1624.85 1572.05Tilak [1] 14.10 14.80Timex Group [1] 64.45 66.60
Vikas Wsp [1] 3.53 3.66Vikaslife [1] 4.95 5.19Vikasprop [1] 2.05 2.13Worl 972.00 937.40Yasho 1614.75 1695.45Zodiac 94.50 89.80
Sctl 1.93 1.93Seil 490.60 508.50Sharika [5] 27.35 26.00Sintexplast [1] 7.42 7.79Sportking 1183.80 1150.65Val 58.60 60.80
Bgjl 19.95 19.00Bh.Immun&Bio 38.90 39.60Bhatia [1] 34.25 35.95Boroltd [1] 341.15 337.55Ggl 14.75 14.20Kpel 263.85 260.10
Tineagro 38.35 40.25Tinnarubr 247.30 235.35Titan Biotec 246.30 256.00Titan Secur. 18.80 18.55Toyamind [1] 6.14 6.44Trejhara 72.70 72.60Trio Mercan [2] 2.49 2.50Triveni Ent [1] 8.86 8.07Ttfl� 71.35 66.65Ttient 17.20 17.65Tuni Textile [1] 5.37 5.63Tyche Inds 134.30 136.70Udaip Ceme [4] 30.20 31.30Ugrocap 189.55 188.55Ultracab 200.45 202.45Ultramarine [2] 306.80 311.05Unison 30.25 31.75United Drill 438.40 443.65Ushdev Intnl [1] 3.88 3.72Utiamc 791.05 802.35Utique 5.85 6.14Utlinds [1] 5.45 5.51Uyfi�ncorp [5] 10.03 9.92Valiantorg 868.80 880.50Vama Inds [2] 9.51 10.46Variman 165.20 167.00Varroc [1] 369.20 375.05Vedavaag 61.05 65.90Vijaya [1] 401.40 411.90Vineetlab 59.35 62.20Virat Indus. 113.40 116.25Virinchi 114.00 118.40Virtual Glo [1] 1.86 1.82Visagar Fin [1] 2.95 2.81Vishal [5] 113.15 116.25Vishwaraj [2] 20.50 21.70Vivo Bio Tec 40.15 40.70Vsl 119.00 113.05Waareertl 335.90 345.85Waterbase 91.20 92.40Welsplsol [6] 16.90 17.00Westlife Dev [2] 460.80 473.60Whiteorg 16.72 16.04Wim Plast Lt 418.15 411.80Xelpmoc 293.90 302.80Xtglobal [1] 54.05 57.85Yamini Inves [1] 1.59 1.66Yashchem 58.85 59.75Zeal [1] 8.13 8.87Zenith Healt [1] 7.00 7.29Zomato [1] 79.75 84.15
Group T
Bclil 380.60 389.60
PalredTech 213.70 203.50ParsvnathDe [5] 15.15 15.05Patel Engg. [1] 25.10 25.70Prajay 16.05 16.70Precsn.Wre [1] 88.40 92.40ProznIntProp[2] 25.65 26.65Raj TV [5] 40.00 39.75RajdharsanIn 36.35 36.00RajratnGlbWr 2281.55 2340.15Rajsr.Sug 26.40 26.75Rohit Ferro 28.00 26.60S&SPowSwitch 23.30 22.35SagardpAlloy 68.75 65.35Saregama 4102.20 4111.50SatinCrdNet 88.50 90.50SE Power 18.85 19.40SejalGlass 138.50 145.40SelManufactr 242.85 254.95ServotecPowr 108.20 104.95ShantOversea 18.45 18.30ShreramProtn 107.55 112.90Shriram Pist 713.00 710.00SPML Infra [2] 50.35 52.85SteelExcInd 234.10 236.30Super Spn [1] 14.05 14.25Supr.Infra 18.35 18.30SuranaSolar [5] 22.60 22.50SwelectEnerg 288.35 302.75TataTel(Mah) 130.55 124.05Themis 1044.40 1050.00ThePKTeaProd 253.95 250.00TheWestInPly 59.95 61.95Thom.Scot 38.40 39.30Tips Ind 1874.40 1883.50TotalTranspr 78.85 76.90TRIDENT [1] 50.95 52.75VIPClothing [2] 22.50 22.65VishnuChem 1267.10 1299.95Wanbury 85.85 86.75WelthFrstPrt 243.00 255.15WonderFibro 180.80 184.00Xpro India 928.10 959.65ZodiaEnergy 94.50 91.70
GujratFlrChe 2690.55 2696.30HindRectify [2] 185.50 191.85Hubtown 55.95 56.95ICDSLTD 43.65 41.70IncredbleInd 23.40 23.70Ind.Card 266.00 278.55Indo Wnd 16.00 16.70IndoThai 331.45 348.00InterntlCons 35.85 37.60ISMT [5] 47.50 47.80Jay.Neco 23.20 23.85JBF Ind 16.90 16.95JITFInfraLog [2] 139.35 141.65JSWEnergy 327.65 337.10Kaly.For 195.65 193.95Kanani Ind [1] 19.75 20.70KapstonFacil 108.40 112.20Karma Enr 28.85 30.25Kernx.Mic 105.25 104.85Khait.Ind 37.05 36.45Khand.Sec 20.35 20.50KilitchDrugs 174.40 176.55LloydsSteels [1] 13.70 13.95Lotys Eye 59.90 62.80LovableLingr 136.45 141.70Lyka Labs 133.65 140.30ManakAlum [1] 22.20 22.95ManCoatMet[1] 27.05 25.70MarneElectrl 30.40 31.90MarshalMachn 40.55 40.05Mask Invest 36.85 36.85Mega Soft 45.60 44.65MicElectrnic 19.15 18.65Mindtek(Ind) 125.30 131.55MittalLifSty 15.00 15.30ModiRubber 66.25 69.55Morarj.Tex [7] 20.80 21.55Mot.Gen.Fin [5] 26.10 27.15Nah.Spg [5] 501.10 505.35NakodaGroup 270.20 271.55Nitin Spn 264.05 273.75NK Industrie 34.60 35.60PalashSecu 90.00 93.35
3PLandHoldng 16.15 16.2063MoonsTec [2] 225.60 228.70AakashExplor 29.50 30.00AdaniTtlGas 1587.50 1641.80AkashInfraPr 185.10 178.35AlkaliMetals 86.00 85.65ApolloMicSys 125.95 126.75ArchidplyDec 46.50 47.40Arss Infra 28.75 29.00ArtNirman 162.60 166.50Atlanta [2] 19.65 20.00Auto Stamp 285.00 270.75Autoline 57.50 57.85AxiscadeEng [5] 96.00 91.40BalkrisPaper 44.90 44.75BankaBioloo 71.30 69.20Barak Val 22.65 23.10BclIndustrs 380.00 390.65BharatRdNet 34.95 34.10BLB [1] 18.90 19.70BOROSIL 340.80 336.00BrightcomGr [2] 136.25 130.30Cambridge 60.95 63.35Celebrity 13.70 13.90CMI 38.00 39.90CompucomS [2] 22.45 23.55CrestVenture 193.10 186.30Cyber Med 25.95 27.20DB Realty 97.35 93.90DB(Int)StBrk [2] 23.85 25.00De Nora 406.25 410.00Dhar.Sugar 16.95 17.75Ducon Infra [1] 21.05 22.10EmamiRealty[2] 66.25 69.55Energy Dev 19.30 19.60FlexituffInt 24.95 24.95Glb.Vect 49.40 49.15GodhaCarbon 142.90 148.65GokulAgroRe [2] 63.75 66.90Golds.Tech 70.00 66.50GoodluckInd [2] 316.30 318.95GSS Info 95.60 100.30GujartRafInd 36.10 37.20
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