wednesday april14,2021
TRANSCRIPT
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Bengaluru Chennai Coimbatore Hubballi Hyderabad Kochi Kolkata Madurai Malappuram Mangaluru Mumbai Noida Thiruvananthapuram Tiruchirapalli Tirupati Vijayawada Visakhapatnam
WEDNESDAY • APRIL 14, 2021
MUMBAI
₹��10 • Pages 10 • Volume 28 • Number 103 Regd. TN/ARD/14/09-11, RNI No. 55320/94
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MUMBAI
J2 BusinessLine WEDNESDAY • APRIL 14 • 2021COMMODITIES
BLOOMBERG
April 13
Net bullish wagers onrising commodity pricesfell to the lowest sinceDecember last week, raising questions about thecommodity supercycle.
Money managers aretrimming what had beenthe largest wager for risingcommodity prices in atleast a decade as stumbling economic reopeningeff��orts force a reconsideration of the popular recovery trade.
A recent bond routraised worries over infl��ation and surging bulkshipping rates are seencapping any furtherupswing.
There’s a sense that “wehave yet to get rid of thecoronavirus, with risingcases and extended lockdowns delaying the expected growth sprint,” said
Ole Hansen, head of commodities research at SaxoBank.
“The surge in Treasuryyields, a stronger dollarand worries that Chinamay tighten liquidity inorder to curb infl��ation arealso contributing factors.”
Bullish positions downHedge funds’ net bullishpositions on a basket of 20commodities have decreased for six weeks in arow, according to the latestCommodities FuturesTrade Commission and ICEdata compiled byBloomberg.
Commodities had seen aresurgence in interestearly this year as major investment banks fl��aggedthe start of a new structural bull cycle — withsome even calling for a supercycle comparable toones that peaked in the
1970s and early 2000s.The idea was that raw
materials would benefi��t asthe world emerged fromthe pandemic and fi��scalstimulus programmeswould sustain a downtrend in the US dollar,thereby making commodities priced in the greenback more attractive.
While a return to normal is anticipated, hiccupsin recent months surrounding economic reopening plans are clouding the nearterm outlook.
Meanwhile, the dollarcame back from its lowsthis year alongside risingbond yields.
Logistics costsIn the last week, investoroutfl��ows were most pronounced for oil, withfunds weighing whetherdemand will be strongenough to absorb returning supply in comingmonths.
OPEC and its allies decided earlier this month togradually ease unpreced
ented output curbs fromMay to July, while furtherout, the market may seemore Iranian supply comeback if it returns to a nuclear deal.
Now, a squeeze on vessels to carry some commodities around the worldis adding another risk forinvestors to consider.
The cost of shipping unpacked commodities likegrains and iron ore,known as dry bulk, is upmore than 50 per cent thisyear.
The move up in shippingcosts “makes it more expensive to move thingsaround, which goes contrary to the idea of a supercycle,” Eddie Tofpik, headof technical analysis andsenior markets analyst atADM Investor Services International Ltd., said at anonline event last month.
Still, “commodities remain the best performingasset class of 2021,” Goldman Sachs Group Inc analysts wrote in a report.
Hedge funds’ net bullish positions
have decreased for six weeks in a row
Investor outflows were most pronounced for oil in the last week
Commodity supercycle on the wane
AKHIL NALLAMUTHU
BL Research Bureau
Copper has been one of the bestperforming commodities overthe past year and as a result theprice of futures continuouscontract on the Multi Commodity Exchange (MCX) went upfrom about ₹��360 in March lastyear and topped ₹��745 in the lastweek of February.
But the futures contract witnessed selloff�� in the last week ofFebruary and in the fi��rst week ofMarch. Consequently, the Aprilfutures contract dropped fromabout ₹��732 to ₹��664 levels, losing about nine per cent. Nevertheless, the contract started tomove in a sideways trendwherein it was largely oscillating between ₹��664 and ₹��682.
Last week, the contract brokeout of the range with goodvolume which also resulted inthe price moving past the 21daymoving average (DMA). Whilethe futures stayed fl��at in thepast few trading sessions, theprice band of ₹��678 and ₹��682 hasbeen off��ering good support. Aslong as the price stays abovethis level, the shortterm trendwill be positive.
Traders can be positive andinitiate fresh long positions ondeclines with stoploss at ₹��675.Although ₹��700 can be ahindrance, the contract willmost likely breach this level andappreciate towards ₹��718 in thenearterm.
COMMODITY CALL
MCX coppercould top ₹��700
V SAJEEV KUMAR
Kochi, April 13
The fi��rst level screening ofteas for the 17th edition ofThe Golden Leaf IndiaAwards (TGLIA) organisedby the United Planters' Association of Southern India(Upasi) was held on Saturday at Coonoor, TamilNadu.
A 3member panel comprising Koshy Panicker of JThomas & Co P Ltd, A NoorMohamed of Paramount TeaMarketing (SI) P Ltd, andThomas Mathews of Forbes
The Covid19 pandemichad given an opportunity toreimagine the conduct ofTGLIA competition. The fi��nal screening of the 16thedition of the TGLIA competition in 2020 was carriedout through a process of remote tasting session, hesaid.
“Deriving success fromthe last initiative, this edition of the competition willfeature a ‘Virtual and Live Re-mote Tasting’ of teas for thefi��nal screening” Kumar added.
attributes of tea such as dryleaf appearance, infused orspent leaf appearance, liquor attributes like colour,taste/fl��avour, briskness andstrength in an objectivemanner.
The teas qualifying thefi��rst level of screening willalso be screened for pesticide residue parametersand heavy metals in theNABLaccredited laboratoryof Upasi Tea ResearchFoundation.
TGLIA is an annual featurein South India.
gions is based on a multilayer screening process using a scoring system thatcapture the various quality
& Co evaluated the teas thathad entered thecompetition.
There were 133 entriesfrom 40 estates/companies/factories from diff��erentagroclimatic regions of theNilgiris, Wayanad, Anamallais, Travancore, HighRanges, other minor teagrowing regions and fromBought Leaf Factories.
Arun Kumar, convener,TGLIA organising committee, said the process of selecting the best teas fromvarious agroclimatic re
Upasi conducts fi��rstlevel screening of teas
MCX COMPDEX C 69 pts (0.64%) MCX BULLDEX C 77 pts (0.53%) MCX METLDEX C 125 pts (0.88%) NCDEX AGRIDEX D -10 pts (-0.74%)
PR. CLOSE HIGH LOW CLOSE PR. CLOSE HIGH LOW CLOSE PR. CLOSE HIGH LOW CLOSE PR. CLOSE HIGH LOW CLOSE
10717.11 10795.53 10717.8 10786.19 14460.1 14561.49 14447.2 14537.04 14124.76 14273.01 14110.89 14250.35 1415.25 1420.60 1400.95 1404.75
FUTURES TRACKERSymbol Delivery Centre
Price Unit
Previous Close (₹��)
Close (₹��)%
ChangeOI
MCX
ALUMINIUM Thane 1 Kg 183.1 185.4 1.3 11280
COPPER Thane 1 Kg 686.8 691.1 0.6 7742500
COTTON Rajkot 1 Bale 21360.0 21330.0 -0.1 164400
CPO* Cash Settled 10 Kgs 1125.4 1132.2 0.6 54120
CRUDEOIL Cash Settled 1 BBL 4478.0 4530.0 1.2 750800
GOLD Ahmedabad 10 grms 46419.0 46623.0 0.4 11738
GOLDGUINEA Ahmedabad 8 grms 37062.0 37220.0 0.4 44.472
GOLDM Ahmedabad 10 grms 46188.0 46346.0 0.3 1849.1
GOLDPETAL Ahmedabad 1 grm 4601.0 4615.0 0.3 60
KAPAS* Cash Settled 20 Kgs 1335.5 1304.0 -2.4 120
LEAD Thane / Chennai 1 Kg 164.0 164.3 0.2 3580
MENTHAOIL Chandausi 1 Kg 957.8 959.7 0.2 44.28
NATURALGAS Cash Settled 1 mmBtu 192.0 191.8 -0.1 20057500
NICKEL Thane 1 Kg 1216.3 1227.7 0.9 2257500
RUBBER Palakkad 100 Kgs 16509.0 16390.0 -0.7 244
SILVER Ahmedabad 1 Kg 66128.0 66797.0 1.0 284760
SILVERM Ahmedabad 1 Kg 66172.0 66828.0 1.0 62065
SILVERMIC Ahmedabad 1 Kg 66171.0 66826.0 1.0 47998
ZINC Thane 1 Kg 221.2 223.3 0.9 9370
NCDEX
CASTOR DEESA Quintal 4750.0 4850.0 2.1 3390
CHANA BIKANER Quintal 5556.0 5516.0 -0.7 12050
COCUDAKL AKOLA Quintal 2703.0 2649.0 -2.0 2780
COTTON RAJKOT Bales 21970.0 21970.0 0.0 0
DHANIYA KOTA Quintal 7188.0 7038.0 -2.1 1325
GUARGUM5 JODHPUR Quintal 5952.0 5934.0 -0.3 850
GUARSEED10 JODHPUR Quintal 3877.0 3900.0 0.6 3220
JEERAUNJHA UNJHA Quintal 14015.0 13990.0 -0.2 1056
KAPAS RAJKOT 20 kgs 1304.0 1287.0 -1.3 517
RMSEED JAIPUR Quintal 6447.0 6435.0 -0.2 10940
STEEL GOBINDGARH Quintal 42540.0 42450.0 -0.2 100
SYBEANIDR INDORE Quintal 6974.0 6922.0 -0.7 10505
SYOREF INDORE 10 kgs 1335.0 1341.0 0.4 19775
TMCFGRNZM NIZAMABAD Quintal 8148.0 7760.0 -4.8 950
Source: MCX and NCDEX; all contracts are current month/near month; closing prices are taken fromprovisional bhav copy (as of 17.00 hours); *delivery option available
■ China’s pork prices have slumped to the weakest in 19 months on
fresh outbreaks of African swine fever and bans on the transport
of live hogs. Wholesale pork prices plunged 19% in the first
quarter, the most since at least 2006, and touched 34 yuan
($5.20) a kg in early April, the lowest since August 2019.
■ China, the world's top soyabean buyer, brought in 7.77 million
tonnes (mt) of the oilseed in March, up 82% from a year ago,
according to data from the General Administration of Customs.
China's soyabean imports in the first three months of the year
came in at 21.18 mt, up 19% from 17.79 mt in the previous year.
AGRI-BUSINESS
As of 17.00 hours
SHISHIR SINHA
New Delhi, April 13
Retail prices of edible oils andpulses are the major contributors to increase in retail infl��ation since March last year.
On Monday, National Statistical Offi��ce (NSO) reportedthat retail infl��ation based onConsumer Price Index rose5.52 per cent yearonyear inMarch to 156.8 points.
A close scrutiny of datashowed prices of edible oilsincreased nearly 25 per centsince March last year, whilethose of pulses and productssaw retail infl��ation rate increase 13.25 per cent duringthe period. BusinessLine reviewed the price trend totrace the root of theproblems.
Retail data, collected by Department of Consumer Affairs, showed a diff��erent trendof the prices of various edibleoils. For example, prices ofpacked mustard oil, sunfl��ower oil and palm oil increased in February. But inMarch, mustard, soyabeanand sunfl��ower rates weredown, while retail prices ofpalm oil increased.
However, as on April 12, barring palm oil, all edible oilprices have witnessed a rise.Even groundnut oil, whichwas constant for fi��rst three
months, increased by ₹��12 a kgin April.
BV Mehta, Executive Director of Solvent Extractors Association of India, said domestic market is followingglobal price trends, albeit at aslower pace. He said thatprices of soya oil have surgedto $1,260 a tonne this yearfrom around $664 last year.Similarly, sunfl��ower oil rose to$1,580 from $760 and palm oilto $1,160 from around $600during the same period.
“International prices saw asurge up to 90 per cent, but in
India it is around 50 per cent,”he said.
In view of the rise in prices,the Centre was urged to cutthe Customs duty on edibleoils. Commerce Minister Piyush Goyal told Parliament lastmonth that the rise in pricesof domestic edible oils hadnot increase as much as therates in global market. Indications are that as of now, theCentre has no plans to reducethe Customs duty.
India has an annual demand of around 230 lakhtonnes (lt) for edible oils. Ofthis, local production isaround 7080 lt, while importfulfi��ls rest of the requirement.Mehta said that with betterexpectation of crops (mustard, groundnut and soyabean), prices are likely to decline from May onwards.
At the same time, prices ininternational market also expected to see a fall which will
have an impact on the domestic prices here.
Mixed trend in pulsesAnother key ingredient of Indian food, pulses saw a mixedtrend during fi��rst threemonths. Gram, moong andmasoor prices increased inMarch compared with previous months. Urad was subdued but tur prices were up.The Government told the LokSabha last month that production of pulses is estimatedat 116.20 lt during the currentcrop year to June against 118 ltthe previous year.
Despite this, import islower at around 3 lt during202021 against 3.71 lt during201920. Experts feel thatlower production has impacted the prices. However,with monsoon expected to benormal this year, prices maysee some moderation in coming months.
Cooking oil pricesup 25%, pulses gain13.25% year-on-year
Edible oils, pulses keep retail inflation on the boilRetail Prices (₹/kg)Edible Oils-Packed Pulses
31-Jan 28-Feb 31-Mar 31-Jan 28-Feb 31-Mar
Mustard 186 188 200 Gram 90 95 110
Groundnut 200 200 212 Tur 150 150 130
Soya 142 177 160 Urad 144 132 145
Sunflower 193 181 187 Moong 150 150 133
Palm 141 146 151 Masoor 120 113 113
Source : Dept of Consumer AffairsOUR BUREAU
Ahmedabad, April 13
The Solvent Extractors’ Association of India (SEA) has reviseddownwards the castorseedcrop estimate for 202021 inview of a 6.3 per cent dip in theyields on unfavourableweather.
A third fi��eld survey in thecastor growing regions showedthat India’s overall castorseedoutput for the year would be17.81 lakh tonnes (lt), downsome eight per cent from anearlier estimate of 19.02 lt.
The castor picking is said tobe in the fi��nal stage — between
4th and 5th picking. But, SEAsurvey found that a higherthannormal temperature hasforced farmers to shorten thepicking activity to April, whichnormally continues till May.“On an average, 12 picking isless this year,” the report said.
Also, the unfavourableweather conditions in February and March has aff��ectedyield prospects in top producers, Gujarat and Rajasthan.
“Unfavourable weather,higher than normal temperature with warm wind after February and delayed sowing inseveral pockets has hit thecastor yield during later stageof the crop cycle,” SEA said in itscrop survey for Gujarat.
Castor acreage, too, is seenlower and estimated at 8.26lakh ha for the year 202021against 9.73 lakh ha in the previous year.
Survey sees adverseclimatic conditions
affecting yieldprospects
Castorseed output estimatelowered to 18 lakh tonnes
OUR BUREAU
New Delhi, April 13
The government has launched eSANTA, an endtoend electronictrade platform, betweenaquaculture farmers and exporters. The platform is aimed at enabling farmers get better price byeliminating middlemen andhelping exporters directly purchase quality products fromfarmers enhancing traceability, akey factor in international trade.
“eSANTA will raise income, lifestyle, selfreliance, quality levels,traceability, and provide new options for our aqua farmers,” Commerce & Industry Minister Piyush Goyal said at the virtualinauguration of the portal.
The platform will revolutionise traditional aqua farming byproviding cashless, contactless
and paperless electronic tradeplatform between farmers andexporters, Goyal said. “eSANTAcan become a tool to advertisecollectively the kind of productsthe buyers, fi��shermen and fi��shproducing organisations are harvesting, sopeople in Indiaand internationally can knowwhat is availableand in the futureit can become anauction platform”, he added.
The platform is available inmany languages, which will helpthe local population.
Payment mechanismDetailed specifi��cation of eachproduct listing is provided on the
platform and it is backed by anend to end electronic paymentsystem with National Centre forSustainable Aquaculture(NaCSA) as an escrow agent.
Once the harvest date is fi��xed,the buyer goes to the farm gateand the produce is harvested inhis presence. After completion ofharvest, the fi��nal count andquantity of material is verifi��ed,
the fi��nalamount is decided and delivery challan is issued. Once thematerialreaches the processing plant,the fi��nal invoice
is generated and the exportermakes the balance payment. Thispayment is refl��ected in the escrow account. NaCSA verifi��es itand accordingly releases the payment to farmers, the releaseadded.
Govt launches electronic tradeplatform for aqua farmers, exporterse-SANTA aimed at raising farmers’ income,
improving traceability for exports
education, advancing digitalsolutions and agritech tostrengthen supply chains aswell as healthcare projects.
Atal Tinkering LabsAIM’s initiatives have been signifi��cant in advancing the country’s position on the Global In
novation Index.Through its7,200plus “AtalTinkeringLabs”, it hasreached overthree millionstudents and its“Atal Incuba
tion Centres” have created30,000 jobs.
The statement also said thatBayer will explore opportunities to mentor school children,inculcate design thinking,problem solving and adaptivelearning skills amongst themand support and adopt mutu
OUR BUREAU
Chennai, April 13
German crop protection, chemical and pharma major Bayer onTuesday announced its partnership with the Union Government’s fl��agship initiative AtalInnovation Mission (AIM) ofNiti Aayog, the Centre’s thinktank, in supporting innovation and entrepreneurship inagriculture andhealthcare.
A statementfrom Bayer andAIM said thatthe initiative would be acrossthe country supporting currentand future programmes inboth these sectors.
Bayer and AIM signed a statement of intent (SoI) for a strategic partnership to formalisethe collaboration. The SoI willspan the promotion of science
ally agreed schools. Bayer willmentor young innovators andstartups and collaborate withthem to further the cause ofinnovation.
Focus on agri, healthD Narain, Senior Bayer Representative South Asia and ChiefExecutive Offi��cer – BayerCropScience Limited, said thatthe access to scienceled innovation will also enhance theglobal competitiveness of India’s agriculture and healthcare sectors.
R Ramanan, Mission DirectorAIM, NITI Aayog, exchangingthe virtual SoI with Bayer, said:,“The collaboration with Bayer isa longterm strategic one forAtal Innovation Mission as theirareas of specialisation — Agriculture, Healthcare and Lifesciences — are areas of national importance, more so in the timesof the pandemic.”
Bayer to support Niti Aayog’s AIMinitiatives in agriculture, healthcare
GOLDEN LEAF INDIA AWARDS
OUR CORRESPONDENT
Kottayam, April 13
Spot rubber continued to remain under pressure on Tuesday. RSS4 weakened to ₹��168(168.50) per kg, according totraders and the Rubber Board.The grade slid to ₹��163 (163.50),according to dealers.
The break below the minimum support level of ₹��170 isa sign of weakness and thecommodity has fallen into ashortterm corrective phasemainly due to the impact ofCovid19 on market sentiments.
In futures, the front monthApril delivery was down 0.9per cent from Monday’s settlement price to close at ₹��163.61per kg with a volume of 21 lotson the Multi Commodity Exchange (MCX).
The most active naturalrubber contract for September delivery was down 130Yuan (₹��1,494.65) from previ
ous day’s settlement price toclose at 13,530 Yuan(₹��155,558.99) a tonne in daytime trading on Shanghai Futures Exchange (ShFE).
SMR 20 declined to ₹��118.94(121.69) and Latex to ₹��115.53(116.62) a kg at Kuala Lumpur.
Spot rubber rates (₹��/kg):RSS 4:168 (168.50); RSS 5: 163(165.50); ISNR20: 149 (149) andLatex (60% drc): 126 (127).
Apiary trainingMeanwhile, the Rubber Boardis holding a oneday trainingprogramme in beekeeping atthe Rubber Training Institute,Kottayam on April 20.
The course is intended forfarmers, rubber growers andmembers of Self Help Groups.
The training fee is ₹��500.Members of Rubber Producers’ Societies will get 25 percent concession in fee on production of membership certifi��cate.
Covid-19 impact: Rubberprices under pressure
OUR BUREAU
Mumbai, April 13
The Maharashtra Government has announced a partial lockdown beginningWednesday 8 pm, aimed at restrictingmovement of people, even as transporta
tion of goods and delivery of services willbe allowed. Unlikethe full lockdown oflast year, the Stategovernment willkeep public transport, includingtrains, taxis andbuses, operational.
Private cars will not be permitted unlessthere is an emergency. The new curbs willcome into eff��ect from 8 pm on Wednesdayand will be in force for 15 days till May 1.
“Section 144 will be imposed in the entire State... I will not term this as lockdown,” said Maharashtra Chief MinisterUddhav Thackeray. He has sought the helpof the Prime Minister and the armedforces in delivering oxygen supplies by AirForce planes from other parts of thecountry.
“Local train and bus services for essential services only, petrol pumps, fi��nancialinstitutions associated with SEBI and construction work to continue, hotel/restaurants to remain closed, only takeaway,home deliveries allowed,” added Thackeray. Ecommerce services, grocery shops,fruits/vegetable vendors, healthcare agencies , media outlets, and data centres areexempt from the restrictions.
Stricter restrictions inMaharashtra from today
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Bengaluru Chennai Coimbatore Hubballi Hyderabad Kochi Kolkata Madurai Malappuram Mangaluru Mumbai Noida Thiruvananthapuram Tiruchirapalli Tirupati Vijayawada Visakhapatnam
WEDNESDAY • APRIL 14, 2021
MUMBAI
₹��10 • Pages 10 • Volume 28 • Number 103
FINANCIAL BIDS FOR AI
Tatas, Ajay Singh get invite Mumbai, April 13
The Tata group and Ajay Singh,
the promoter of SpiceJet, have
been invited to place fi��nancial
bids for Air India once they
complete their review of the
airline’s data room. “The access
to data room has been given to
interested players and once
that process is over they will be
asked to submit fi��nancial bids,”
said a top official, adding “the
entire process is expected to be
completed by September” . The
government plans to sell 100
per cent of its equity in the
airline, including Air India’s 100
per cent interest in AI Express
Ltd (AIXL) and 50 per cent share
in Air India SATS Airport Services
Private Limited (AI SATS). Tata
Sons is the only entity that has
confi��rmed its participation in
the AI bidding process. p3
BRAVING COVID
STPIs’ exports at ₹��5lakh cr Hyderabad, April 13
Shrugging off the crisis caused
by Covid19, about 5,100 units
under the Software Technology
Parks of India clocked exports of
₹��5lakh crore (provisional) in
the fi��nancial year 202021.
“Compare this with ₹��4.60lakh
crore worth exports that the
units registered in 202021.
Despite enormous difficulties
caused by the crisis, the STPI
units could continue the
growth momentum,” Omkar
Rai, DirectorGeneral of STPI,
told BusinessLine. Bengaluru led
the pack, followed by Pune,
Hyderabad, Chennai, Gurugram
and Noida. “We are expecting a
growth rate of 56 per cent in
202122 as the IT industry has
the ability to transform other
businesses in adopting digital
technologies,” he said. p2
GSEC BUYING
The RBI’s GSec acquisition plan is
similar to the QE programmes of
advanced economies, say experts p3
ELECTRIFYING DRIVE
Cofounder Tarun Mehta elaborates on
how Ather Energy has achieved its fi��rstever
positive gross margin in March 2021 p3
‘UNITED’ FOR PRIVATISATION
The Centre is looking at public sector
United India Insurance as one of the
staterun insurers for privatisation p10
OUR BUREAU
New Delhi, April 13
With Covid showing no signs ofreceding and States reporting vaccine shortages, several foreignmade shots could be in line to getregulatory approval quickly as thegovernment has decided to fasttrack approvals.
The Union Health Ministry saidon Tuesday that the Centre has decided to give emergency use approval to vaccines developed ormanufactured overseas if theyhave a clearance for restricted usefrom regulatory authorities in theUS, the UK, the European Unionand Japan, besides those listed bythe World Health Organization.
The vaccines waiting in thewings would include those fromJohnson & Johnson (that has a tieup with India’s Biological E),Novavax (with a tieup with SerumInstitute) and Pfi��zer. The otherglobally approved vaccine is fromModerna, but it does not have analliance partner or a presence inIndia. Such is also the case withChinese vaccines.
“This decision will help in facilitating quicker access to such foreign vaccines by India and wouldencourage imports including ofbulk drug material, optimal utilisation of domestic fi��llandfi��nishcapacity, etc., which will in turnprovide a fi��llip to vaccine manufacturing capacity and total vaccine availability,” the Health Ministry said.
US pause on J&J vaccineThe decision to fasttrack approvals comes even as the UShealth authorities have recommended a pause on J&J’s vaccine,following reports of rare bloodclots in young recipients.
The fi��rst 100 benefi��ciaries of the
foreign (approved) vaccineswould be assessed for seven daysfor safety outcomes before theyare rolled out for further immunisation programmes within thecountry, the Ministry said in astatement.
The decision comes after theDrugs Controller General of India(DCGI) approved Russia’s SputnikV for emergency use on Monday.
Responding to the governmentfasttracking decision, a Pfi��zercompany spokesperson said, “Wehave noted the recent announcement with regard to the regulatory pathway for global vaccines.We remain committed to continuing our engagement with the government towards making the Pf
izer and BioNTech vaccineavailable for use in the government’s immunisation programme in the country.” Pfi��zerhad taken itself out of the processto get an emergency approval,after the government wanted it toundertake local trials.
NEGVAC recommendation The Centre’s latest decision comesafter the National Expert Groupon Vaccine Administration forCovid19 (NEGVAC), chaired by VKPaul, Member (Health), NITIAayog, recommended that vaccines for Covid19, which havebeen developed and are beingmanufactured in foreign countries and which have been granted emergency approval for restricted use by the USFDA, theEMA, the UK MHRA, the PMDA Japan or which are listed in WHO(Emergency Use Listing) be granted emergency use approval inIndia.
Meanwhile, the Department ofBiotechnology has approved additional funding for clinical studies of India’s ‘fi��rst of its kind’mRNAbased Covid19 vaccine,HGCO19.This vaccine has been developed by Punebased GennovaBiopharmaceuticals Ltd.
Could benefi��t jabs
from J&J, Novavax,
Pfi��zer and others
This government’s decision will help India to quickly access foreignmade
vaccines REUTERS
Centre set to fast-track approvalsfor foreign-made Covid-19 vaccines
K RAM KUMAR
Mumbai, April 13
As an incentive to encouragepeople to take Covid19 vaccination, companies are looking tooff��er special benefi��ts to customers who have taken the shot.
Public sector lender CentralBank of India, for instance, haslaunched the Immune India Deposit Scheme 1111 days with 25basis points extra interest ratefor those who are Covidvaccinated.
“To encourage vaccinationunder Covid19, Central Bankof India launches Special Deposit Product ‘Immune India Deposit Scheme’ for1111 days at an attractive extra interest rate of 25 basispoints above the applicablecard rate for citizens who gotvaccinated,” the bank said in astatement, adding that it is alimited period off��er.
Central Bank’s current cardrate for deposits of three yearsand above is 5.1 per cent. So, a customer, who is vaccinated againstCovid19, places a deposit for 1111days he/she will get 5.35 per centinterest.
Others are also looking at offering similar sops.
Anand Roy, Managing Director, Star Health and Allied Insurance, said: “We are looking atone or two products on theselines where people who havetaken the vaccination get a differential discount compared toothers.” The insurer will be ap
proaching IRDAI soon for approval, he added. “For health insurance, it is a factor of risk also.Somebody who is vaccinated hasalesserchanceof hospitalisationand so the benefi��t can be passedon to the customer,” he said.
At present, Covid19 vaccination is available only for thoseabove 45 years of age. However,with concerns over possible sideeff��ects, many citizens have beenworried about taking the jab.
Banking expert VViswanathan observed that apparently there is no bar on givingincentive to a customer who hasbeen vaccinated. But, then, cus
tomers below 45, who arecurrently not eligiblefor being vaccinated
and hence not gettingthe extra interest rateor other discounts,can complain that
they are being discriminatedagainst.
CSR initiativeViswanathan said, “It would be
ideal for the bank to create afund for ‘promoting vaccination’ and reimburse its customers in their SB accounts, say ₹��100or ₹��150, out of the total amountincurred by them (for the vaccination).
“This will be part of CSR andsince it is a reimbursement, noquestions will be raised by theregulator or other customers.”
Another banker said, “Whilediff��erential pricing makes sensefor health insurance companies,for banks, such an incentive maynot have too much of an impactas the number of citizens whohave got the fi��rst or the seconddose is very small as of now.”
Insurers, too,
looking to offer
sops to customers
getting vaccinated
Got the jab? Your bank depositto get interest ‘booster’ dose
VINSON KURIAN
Thiruvananthapuram, April 13
Private forecaster SkymetWeather expects the upcomingmonsoon to be ‘healthy normal’ assessed at 103 per cent(with an error margin of +/ 5per cent) of the longperiod average (LPA) of 880.6 mm forthe JuneSeptember period. IfSkymet is proved right, it willbe the third normal SouthWest monsoon on a trot thecountry will have.
The national forecaster, India Meteorological Department (IMD), is expected tocome up with its own longrange forecast for the fourmonth season soon.
Monsoon probabilitiesAccording to Skymet, the monsoon probability for JuneJulyAugustSeptember are: 10 percent chance of excess (seasonalrainfall that is more than 110per cent of LPA); 15 per centchance of above normal
(between 105 per cent and 110per cent); 60 per cent chance ofnormal (96104 per cent); 15per cent chance of below normal (9095 per cent); and practically zero per cent chance ofdrought (seasonal rainfall thatis less than 90 per cent of LPA).
On a monthly scale, the precipitation foreshadow is asfollows:● June: 106 per cent of LPA(LPA for June 166.9 mm); 70per cent chance of normal; 20per cent chance of above normal; and 10 per cent chance ofbelow normal.● July: 97 per cent of LPA (LPAfor July 285.3 mm); 75 per cent
chance of normal; 10 per centchance of above normal; 15 percent chance of below normal.● August: 99 per cent of LPA(LPA for August 258.2 mm); 80per cent chance of normal; 10per cent chance of above normal; 10 per cent chance of below normal.● September: 116 per cent ofLPA (LPA for September 170.2mm); 30 per cent chance ofnormal; 60 per cent chance ofabove normal; 10 per centchance of below normal.
Earlier preliminary forecastreleased by Skymet on January31 had assessed the monsoon2021 to be ‘normal’ with sea
sonal rainfall ending in the upper half of the normal range,with the spread of normal rainfall being 96104 per cent ofLPA.
In terms of geographicalrisk, Skymet expects that theplains of North India alongwith some parts of NorthEastIndia to be at risk of being raindefi��cient through the season.Also, interior parts ofKarnataka face scare or scantyrains in the core monsoonmonths of July and August.
Good June, Sept monthsThe onset month of June andthe withdrawal phase ofSeptember promise goodcountrywide rainfall distribution. Yogesh Patil, CEO, Skymet,said that La Nina conditionsprevailing in the Pacifi��c Oceansince last year presage somesoftening and may remainneutral through the monsoonseason.
The tropical Pacifi��c conditions continue to wield a spikemidway through the seasonsuggesting fresh phase of cooling, albeit marginal, over theCentral Pacifi��c Ocean.
Assessed at 103% of
longperiod average;
drought ruled out
The onset (June) and withdrawal (September) phases promise
good countrywide rainfall distribution
Private forecaster Skymet sees‘healthy normal’ monsoon this year
national law,” S&P Dow Jones Indices said.
APSEZ will be removed fromthe index prior to the marketopening on Thursday, it added.
Setback for the groupThe removal is a setback for theAdani Group that has been striving to raise its sustainability profi��le for securing access to newdebt and equity capital with environmental, social and governance risk evaluation increasingly playing a prominent rolein global fi��nancial markets, aport industry consultant said.
The Yangon terminal will bebuilt under the auspices of theMyanmar Port Authority and theMyanmar Ministry of Transportand Communication. The project is helmed by Adani Yangon
OUR BUREAU
Mumbai, April 13
Adani Ports and Special Economic Zone (APSEZ) will be removed from the Dow Jones Sustainability Indices on April 15,S&P Dow Jones Indices has said ina statement, citing the fi��rm’sbusiness links with the Myanmar military responsible for thecoup that overthrew the country‘s democratically elected government on February 1 and thehuman rights abuses that followed.
APSEZ is building a containerterminal with an investment of$290 million along Myanmar’sYangon river on a 50year deal.
“APSEZ will be removed fromthe Dow Jones Sustainability Indices following a media andstakeholder analysis triggeredby recent news events pointingto heightened risks to the company regarding their commercial relationship with Myanmar’s military, who are allegedto have committed serious human rights abuses under inter
International Terminal Co Ltd, aunit of APSEZ. The Ahlone International Port Terminal 2 (AIPT 2)will be developed over 54 acresleased from the Myanmar Economic Corporation Ltd (MEC),which is currently operatingAIPT 1. ITD Cementation India Ltdis undertaking the EPC work forthe project.
Project under cloudThe project has come under acloud with the US imposingsanctions on 10 serving andformer Myanmarese military offi��cials allegedly responsible forthe February 1 coup as well as onMyanmar’s military holdingcompanies — Myanmar Economic Holdings Public Company Limited (MEHL) and Myanmar Economic Corporation
Limited (MEC). Following a backlash, APSEZ said that “the land acquisition for the project was facilitated by the MyanmarInvestments Commission led byU Thaung Tun, its Chairman andMinister of Investment and Foreign Economic Relations, underthe guidance of State CounsellorAung San Suu Kyi’s NationalLeague for Democracy government.”
“Much like our global peers,we are watching the situation inMyanmar carefully and will engage with the relevant authorities and stakeholders to seek theiradvice on the way forward. Wecondemn violations of the fundamental rights of all peopleand would continue to workwith our partners and stakeholders, including business leaders,government and nongovernment organisations, to foster abusiness environment that respects human rights. We are alsoworking with independentthink tanks to ensure mitigationof human rights violations risksand building equal opportunityplatform through sustainablevalue creations powered by critical port infrastructure,” theAdani fi��rm said in a statement.
APSEZ arm building
box terminal on
Yangon river
The project has come under a cloud with the US imposing sanctions
on 10 Myanmarese military officials allegedly responsible for the
February 1 coup
S&P Dow Jones to remove Adani Ports from sustainability index for Myanmar ‘military links’
OUR BUREAU
New Delhi, April 13
As States report short suppliesof the Covid 19 vaccine, theCentre today denied anyshortage and urged States tobe better planned, and reviewthe availability of vaccines atcoldchains and allocate as required to specifi��c areas.
Union Health SecretaryRajesh Bhushan told mediapersons that so far the Centrehas provided 13,10,90,370doses to the States and thetotal consumption, includingwastage, stands at 11,43,69,677.
He added that 1,67,20,693shots are available with theStates and Union Territories and2,01,22,960l doseswould be available bythis monthend.
In the last threedays of Tika Utsav
(April 1114), one croreshots were administered.
The cumulative number ofCovid19 vaccine doses administered in the country stood at11,10,33,925 as at 8 pm onTuesday.
Bhushan said Maharashtra,Chhattisgarh, Uttar Pradesh,Punjab, Karnataka, Gujarat,Madhya Pradesh, Tamil Nadu,
Delhi, Haryana andKerala continued to report a consistent upsurge in Covid cases.
These States together with Gujaratand Rajasthan accounted for 80.80 per cent
of the new cases.
Slight dip in cases India reported 1,61,736 newcases on Tuesday, slightlylower than the record high
number recorded the previous day.
India now has the secondhighest number of cases in theworld, with the cumulativenumber at 1,36,89,453 ofwhich 1,22,53,697 have recovered.
The death toll has increasedto 1,71,058 with 879 fatalities reported in the last 24 hours, according to the Health Ministrywebsite. The daily active casesstood at 12,64,698 on Tuesday.
Maharashtra continues toreport the highest number ofinfections and on Tuesday itrecorded 53,389 cases.
Over 13 crore shots
provided to States:
Health Secretary
No shortage of vaccine doses: Centre
Rajesh Bhushan
OUR BUREAU
Mumbai, April 13
Russia and India will be thelargest production hubs forSputnik V, the Covid19 vaccinedeveloped by Russia’sGamalaya Centre, said KirillDmitriev, Chief Executive Offi��cer of the Russian Direct Investment Fund (RDIF). The Indian drug regulator gave itsgoahead to the vaccine onTuesday.
Five production partnerships have already been tiedup, and more would be announced in the next twoweeks, said the chief of Russia’s sovereign wealth fund,and these could be with largepharmaceutical companies orpartnerships to “fi��ll fi��nish” vaccines, he said.
While India would be the60th country to approve Sputnik V, he did not clarify thenumber of doses that wouldbe available for India. Production would commence shortlyand touch 50 million doses amonth by summer, he said, indicating that the rollout couldbe by May. Other manufacturing hubs include Korea andChina, he added.
The production capacity ofIndian partners, includingHetero, Gland Pharma, Panacea Biotech, Virchow andStrides Lifesciences, totals 850million doses and reports suggest that 250 million could beavailable for India. No claritywas given on the pricing of thevaccine for India either, as RDIFprices its vaccine at less than$10 in the international market. There was no response towhether talks were on withSerum Institute for possible“fi��ll fi��nish” alliances, as well.
Pointing out that Sputnik Vhad undertaken PhaseII andIII clinical trials in India,through Dr Reddy’s Laborator
ies, Dmitriev said it had shown“very good results”. The vaccine is one of only three in theworld that has effi��cacy of over90 per cent, he said, addingthat “real world data” hadshown that it was the safest. Atleast three billion people livein the countries that it hasbeen approved.
He ruled out picking upequity in the Indian manufacturing partners, but said thatRDIF did fi��nance working capital requirements to make thevaccines.
Kirill Dmitriev, CEO, RDIF
More Sputnik V partnershipsin India in 2 weeks: RDIF CEO
INSIDE
Uddhav Thackeray
Regd. TN/ARD/14/09-11, RNI No. 55320/94
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MUMBAI
2 BusinessLine WEDNESDAY • APRIL 14 • 2021NEWS
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 this newspaper/company be held responsible/liable in anymanner whatsoever for any claims and/ordamages for advertisements in thisnewspaper.
OUR BUREAU
New Delhi, April 13
Indirect tax collection during FY21 exceeded not justthe revised estimate, but theactual collection in FY20 aswell, the Finance Ministrysaid on Tuesday.
“Provisional net indirecttax collections (GST andnonGST) for FY21 showgrowth of more than 12 percent compared to actual revenue receipts in FY20. Netindirect tax collections represent 108.2 per cent of therevised estimates of ₹��9.89lakh crore of indirect taxesfor FY21,” a statement issuedby the Ministry said.
Revenue collectionThe provisional fi��guresshowed that net revenue
collections are at ₹��10.71lakhcrore compared to 9.54lakhcrore for FY20. As regardscustoms, net tax collectionsstood at ₹��1.32lakh croreduring the period underconsideration against ₹��1.09lakh crore during FY20, agrowth of around 21 percent.
Net tax collections on account of central excise andservice tax (arrears) rose to₹��3.91lakh crore from ₹��2.45lakh crore, thereby registering a growth of more than59 per cent. Though net taxcollections on account ofCentre’s GST slipped to₹��5.48lakh from FY20’s actual collection of ₹��5.99lakhcrore, it is still higher thanthe revised estimate of₹��5.15lakh crore.
The GST collections wereseverely aff��ected in the fi��rsthalf of the fi��nancial year onaccount of Covid. However,in the second half, the col
lections registered goodgrowth and exceeded ₹��1lakh crore in each of the lastsix months. March saw analltime high of GST collection at ₹��1.24lakh crore aftergood fi��gures in January andFebruary. Several measurestaken by the Centre helpedimprove GST compliance,the statement said.
‘Remarkable feat’Saket Patawari, ExecutiveDirector (Indirect Tax) with
Nexdigm said consideringthe economic and fi��nancialimpact of the pandemic inthe fi��rst half of last fi��nancialyear, a 12 per cent growth inthe net indirect tax collections is a remarkable feat.
“While there has been anoverall dip in annual GSTcollection in FY21, the overall collection has risen. Thisis due to 59 per cent growthin net tax collections on account of central excise andservice tax (arrears) compared to FY20. This is largelyon account of the SabkaVishwas (Legacy DisputeResolution) Scheme whichallowed businesses to unload the baggage of legacydisputes and make a newbeginning by focussing onGST. In addition to it therehas been a rise in customsduty collection contributingto increase in indirect taxcollection for the year,” hesaid.
At ₹��10.71lakh cr,
mopup crosses
FY20’s ₹��9.54lakh cr
The GST collections were
affected in the fi��rst half of the
fi��nancial year due to Covid
Indirect tax revenue in FY21exceeds actual of FY20 by 12%
AMITI SEN
New Delhi, April 13
Taking forward the recentinitiatives to strengthen bilateral trade and investment ties, India and Japanare planning a virtual business partnership meet withthe possible participationof Prime Minister NarendraModi and his Japanesecounterpart Yoshihide Sugalater this month or earlyMay.
“The two sides are considering April 30 or May 1 forthe business meeting, butthe dates are tentative asthe Japanese PM’s travelplans are being fi��nalised;the grim Covid situationalso has to be factored in,” asource told Business Line.
Brighter prospectsIndia’s prospects as a destination for additional Japanese investments
brightened last year whenJapan decided to providesubsidies to Japanese manufacturers for shiftingtheir manufacturing setups fromChina to notonly ASEANcountries,but IndiaandBangladeshas well.
“Now thatthe Japanesegovernment islooking at doubling the budget forthe subsidies to incentiviseits manufacturers to shiftfrom China, from the existing ¥23.5 billion, even moreinvestments can fl��ow intoIndia,” the source said.
The business meet, whichwill be supported by thetrade ministries from bothsides, is being organised by
industry associations suchas the Japan External TradeOrganisation (JETRO) andthe CII, the source said.
InvestmentsJapan is the fi��fth largest in
vestor in the Indianeconomy with cu
mulative FDIinfl��ows of
$34.5 billionin theAprilDecember2020period ac
countingfor 7 per cent
of the totalFDI infl��ows in
the same period.Some of the prominent Japanese investments in India include Maruti Suzuki,Uniqlo, Mitsubishi Group,Mitsui and Honda. Thereare also important Indianinvestments in Japan fromcompanies such as Infosys,TCS, HCL, Oyo, SBI and SunPharma.
India is looking to woo Japanese companies thatcould channelise their investments into India, taking advantage of the Japanese government’s subsidyscheme.
Keen on reviewing CEPANew Delhi is also keen on areview of the IndiaJapanComprehensive EconomicPartnership Agreement(CEPA) to improve marketaccess for Indian goods andcheck the growing bilateraltrade imbalance in Japan’sfavour, since the pact was
implemented in 2011. “TheJapanese PM is keen to visitIndia after his US visit as hewants to strengthen the‘Quad’ initiative, betweenIndia, Japan, the US andAustralia, that was stronglysupported by his predecessor Shinzo Abe. However,the rising wave of the pandemic is a concern,” thesource said.
The Quad is seen by manyanalysts as a grouping tocounter China’s growingmilitary and political infl��uence in the IndoPacifi��cregion.
PM Modi and his Japanese counterpart
Yoshihide Suga likely to attend
India, Japan plan virtual meet to bolster trade, investments
MEENAKSHI VERMA AMBWANI
New Delhi, April 13
With the second wave of thepandemic hitting the country, packaged food companies have witnessed an uptickin demand for their productsat retail stores and ecommerce channels with inhome consumption on therise. Categories such asstaples, salted snacks, frozenproducts, breakfast cereals,readytoeat products and biscuits have witnessed anuptrend in sales in recentdays.
Arvind Mediratta, MD &CEO at METRO Cash & CarryIndia, said the trend of homeconsumption continues and,in the last fortnight itself, thecompany saw a 3 per cent risein the overall processed foodsegment.
“We have seen uptick in demand in categories likebreakfast cereals which hasgone up by 36 per cent; coldsauces by 44 per cent andsalted snacks by 20 per cent.
The deep frozen category hasbeen growing more than 50per cent; the frozen readyfood is growing at 53 per cent;frozen veg snacks at 47 percent; nonveg readytoeatsnacks at 43 per cent; frozendessert and ice cream at 109per cent and categories likefrozen pizzas, samosa, chapati and parathas have beengrowing at 3x in the past twoweeks,” Mediratta said.
The retail chain said it’sbetter equipped with stockavailability this year. “However, restrictions and curtailed working hours arelikely to impact customerfootfalls and connectivity ofstocks from manufacturers todistributors,” Medirattaadded.
Pantry-stockingExperts said some bit ofpantrystocking was also visible in some cities which areseverely impacted. MayankShah, Senior Category Head,Parle Products said, “In the
last 710 days, sales at retailpoints has gone up signifi��cantly across cities, especiallyin Maharashtra and other affected regions. This is due tosome amount of pantrystocking as consumers do notwant to step out frequentlyowing to the rising cases.”
Packaged food companiesare also witnessing an uptickin sales on ecommerce chan
nel. Ashwani Arora, MD &CEO, LT Foods, said the fi��rm isseeing strong traction for itsproducts on ecommercechannels due to risingpenetration.
According to data sourcedfrom retail intelligence platform Bizom, which worksclosely with kirana stores totrack sales, there has been a13.2 per cent spike in sales of
FMCG products in the lastweek of March compared tothe monthly average sales.
Akshay D’Souza, Chief Marketing Offi��cer at Bizom, said,“There has been particularlystrong levels of stocking inHome Care & Personal caresegments. At the same time,due to the early and hottersummer across most parts ofIndia, we are seeing thatstocking levels of beveragestoo have gone up. Also, withthe number of Covid cases going up in this wave, we maystart seeing stronger stocking across staples duringApril.”
Companies said they havebeen bolstering productioncapacities in the past oneyear. Navin Tewari, CEO, Capital Foods, said the companyhas added four new factoriesin the last year alone besidesstrengthening its distribution network. “We are wellprepared to address any sudden surge in demand duringthe second wave of Covid.”
Demand for categories like staples, salted snacks, frozen products and
breakfast cereals is up in retail stores, ecomm channels
Driven by inhouse consumption, sales of packaged food pick up
KV KURMANATH
Hyderabad, April 13
Despite the crisis caused bythe Covid19 pandemic, about5,100 units under the Software Technology Parks of India (STPI) have clocked exports worth ₹��5lakh crore(provisional) in FY2021.
“About ₹��4.60lakh croreworth exports were registered in 202021. Despiteenormous diffi��culties causedby the crisis, the STPI unitscould continue the growthmomentum,” Omkar Rai, DirectorGeneral, STPI, toldBusinessLine.
Bengaluru led the pack, followed by Pune, Hyderabad,Chennai, Gurugram andNoida.
“We are expecting a growth
rate of 56 per cent in 202122as the IT industry has the ability to transform other businesses in adopting digitaltechnologies and helpingthem survive and grow in thediffi��cult times,” he said.
Nasscom has pegged IT exports at $150 billion, whichgrew by about 2 per cent overthe previous year’s exports.
While Nasscom collates information from all IT and ITenabled companies, the STPI’sfi��gure highlights only the exports registered by the unitsunder its purview.
Interestingly, the STPI hasreceived 600 applicationsfrom prospective entrepreneurs that want to bring theirIT businesses under the Nas
scom’s purview. “Interestfrom the new entrepreneurshas not diminished despitethe sluggish business sentiment in 202021. We have received 600 new applicationsin the crisisridden year, thesame number that we seeevery year,” he said.
More centres to be openedThe STPI, which has begun toencourage startups in emerging technologies, will open12 more centres of excellence(CoEs) across the country during 202122. “We opened 13such centres last year. We aregoing to open CoEs inBengaluru, Patna, Akola,Dehradun, Bhubaneswar, Visakpatham and three in theNorthEast,” Rai said.
The CoEs off��er incubationand acceleration services tostartups in blockchain,fi��ntech, Internet of Things,augmented reality and virtualreality, automation, gamingand animation.
Bengaluru leads
pack; IT exports
growth pegged
at 56% in FY22
Shrugging off pandemic, STPI unitsclock exports of ₹��5lakh crore in FY21
OUR BUREAU
New Delhi, April 13
Minister of External Aff��airs SJaishankar has said that if a country is under stress and the numbers of those infected are goingup, like in India, it is legitimate torepurpose production to wherethe immediate challenge lay.
However, to the extent a country has margins, the ability andthe obligation to help others, itwould be a decent thing to do asdoing good is also doing smart,the Minister added speaking atthe curtainraiser session of Raisina Dialogue on ‘India, SDGs, Vaccines & Global Expectations’ onTuesday.
“Now, in our case, our vaccineproducers had some contractualcommitments. They had commitments to Covax as you know,where we actually helped healthworkers in a number of Africancountries, with some of our ownneighbours in South Asia, withthe CARICOM and with the FIPIC.Because with small countries, itisn’t just the ability to buy, they
don’t have actually the wherewithal to really access the market,” the Minister said.
International cooperationWith the number of freshCovid19 cases touching newhighs, India is, at present, focussed on meeting the domesticdemand for vaccines instead ofresponding to global demandfor exports. While some in Indiahave criticised the governmentfor being generous with othercountries earlier and exportingmillions of doses of the vaccinesinstead of storing them fromlater use, many countries have
expressed disappointment withthe slowdown in supplies fromIndia over the recent months.
Taking on those who have criticised India’s exports of the vaccines, the Minister said thatthose who question international cooperation, need to alsounderstand this that India’s ability to make vaccines is itself a result of international cooperation.“International cooperation isnot a one way street where weare giving things to other peopleand somewhere short changingourselves. People need to understand that,” he said.
Part of India’s rise would bereally to demonstrate additionalcapabilities in terms of vaccinemanufacture and distribution.“And I think the world would bebetter served by those additionalcapabilities. Capabilities, whichare in the hands of a country,which embraces the world,which actually, as I said, believesin international cooperationand whose heritage is to dothat....” he said.
S Jaishankar,
Minister of External Affairs
‘Repurposing vaccine production tomeet immediate challenges is legitimate’
OUR BUREAU
New Delhi, April 13
A total of 16 applicationshave been approved underthe ProductionLinked Incentive (PLI) scheme for promotion of domestic manufacturing of critical keystarting materials (KSMs)/drug intermediates and active pharmaceutical ingredients (APIs) with a total committed investment of₹��348.70 crore and employment generation of about3,042 by the companies.
“The commercial production of these plants is projected to commence from April1, 2023,” per an offi��cial release from the Ministry ofChemicals and Fertiliser on
Tuesday. Companies that received a nod for their proposals include Honour Lab, Anasia Lab, Hetero Drugs, SuryaLife Sciences Andhra Organics, Sreepathi Pharmaceuticals, Global Pharma Healthcare, Kreative Actives, AmoliOrganics and Vapi CarePharma.
Green-field plantsTo attain selfreliance and reduce import dependence inthese critical bulk drugs, theDepartment of Pharmaceuticals had launched the PLIscheme by setting up greenfi��eld plants with minimumdomestic valueaddition infour diff��erent target segments for 41 products with a
total outlay of ₹��6,940 crorefor the period 202021 to202930.
A total of 215 applicationswere received for the 36products spread across thefour target segments. “Withthis, all the 215 applicationsreceived have been considered and 47 (excluding
two successful applicationswithdrawn subsequently),with a committed investment of ₹��5,366.35 crore, havebeen approved by the government under the PLIscheme for APIs. “Setting upof these plants will make thecountry selfreliant to a largeextent in respect of these
bulk drugs,” the releasestated.
The disbursal of PLI by thegovernment over the sixyearperiod would be up to a maximum of about ₹��6,000 croreagainst the budgetary outlayof ₹��6,940 crore.
Under the scheme, afterconsidering all 28 applications, 14 applications havebeen approved with a committed investment of ₹��873.93crore which will lead to utilisation of maximum incentive of about ₹��1,694 croreagainst a total budget outlayof ₹��3,420 crore.
“The Government has decided to reinvite applications for the uncovered/undercovered products in thePLI schemes for bulk drugsand medical devices for utilising the approved outlay,”the statement said.
Companies have committed investment
of ₹��348.7 crore, seek to create 3,042 jobs
Under the scheme, 14 applications have been approved with a
committed investment of ₹��873.93 crore ISTOCKPHOTO
16 applications cleared under PLI for drug intermediates, APIs
PRESS TRUST OF INDIA
New Delhi, April 13
The government on Tuesdayslashed the annual markingfee to get a new BIS licence andcertifi��cation by 50 per cent formicroindustry, startups andwomen entrepreneurs.
It also said the services ofBIS are now made availablefree of cost to everyone andcan be downloaded from thestandardisation port of eBIS.
“The government has given50 per cent rebate on (new)BIS certifi��cation of productsfor startup, microindustryand women entrepreneurs,”Food and Consumer Aff��airsMinister Piyush Goyaltweeted.
An additional 10 per cent re
bate has been given to the existing licence holders, whichwill give a boost to the government’s ‘Vocal for Local’ campaign, he added.
According to BIS DirectorGeneral Pramod KumarTiwari, the rebate off��ered forthe new licence is expected tobring more companies underthe ambit of licensing and certifi��cation regime.
For existing licence holders,a 20 per cent rebate wasalready given and now an additional 10 per cent will begiven to them, he said in a virtual press conference.
The minimum annualmarking fee for a new licencediff��ers from product toproduct. For instance, on wa
ter, the fee is about ₹��1,60,000,he added. Listing out the newinitiatives taken by BIS tobring in effi��ciency and transparency, Tiwari said severalsteps have been taken to easethe compliance burden on thestakeholders.
The entire process of certifi��cation — including grantingand renewal of licence — hasbeen automated throughManak Online Portal of eBIS,he added.
Tiwari said that more than80 per cent of products beingbrought under ‘simplifi��edprocedure’. This means a license for the manufacturingof these products will be granted within a period of onemonth.
Govt announces 50% rebate for start-ups,micro industry, women entrepreneurs
NEW BIS LICENCE
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MUMBAI
BusinessLineWEDNESDAY • APRIL 14 • 2021 3NEWS
LOKESHWARRI SK
Chennai, April 13
The RBI Governor unveilingthe secondary market Gsecacquisition programme – GSAP – in the recent monetarypolicy had many expertspointing out that this moveis very similar to the quantitative easing programmesinitiated by central banks ofadvanced economies.
But while the programmeis styled like QE of advancedeconomies, the RBI has notgone that path entirely. It’sQE is very shortterm innature, is restricted to Gsecsand the intention is not tostimulate the economy.There are also many reasonswhy QE is not an option forIndia.
Why G-SAP?The announcement of GSAP1.0, which promised to buygovernment bonds worth ₹��1lakh crore from secondarymarket in the fi��rst quarter of202122 was done mainly tocalm bond markets. Yields of10year bond yields, that hadhovered around 5.90 percent prior to the UnionBudget had shot higher past6.20 per cent since then,mainly due to the large central government borrowingof ₹��12.03 lakh in FY22. If theState government borrowings are to be added, thetotal borrowings could near₹��20 lakh crore.
Prospects of this excessivesupply was dragging bondprices lower and pushing
yields higher. It did not helpthat global bond yields toobegan moving higher inmidFebruary 2021 due toconcerns regarding thesecond wave of Covid19.
The other reason behindthe GSAP was to help thegovernment borrowing sailthrough smoothly. The totaldemand for governmentbonds from banks and otherbuyers such as mutualfunds, insurance companiesand FPIs is not suffi��cient toabsorb even half of the borrowing of the Centre and theStates planned this fi��scalyear. To bridge the gap, thecentral bank will be doingopen market operationsworth ₹��3 lakh crore and anadditional purchasesthrough GSAPs for at least₹��22.5 lakh crore, accordingto experts.
A form of QE?The GSAP programme is similar to QE programmes ofcountries including the US,
UK and Japan. The centralbanks of these countriespromise to purchase a specifi��ed amount of bonds fromthe secondary market, for aspecifi��ed period.
While the GSAP looks likea QE programme, it is not entirely so. One, the RBI hasgiven visibility about thepurchases in just onequarter. The quantum ofpurchases can be muchlower/higher in the subsequent quarters. Typical QEprogrammes of other countries promise purchase ofspecifi��ed value of bonds foran extended period.
Two, the QE programmespromise purchases of varietyof securities such as mortgage backed securities andreal estate bonds in order toprovide liquidity to specifi��csectors. RBI’s program is limited to government bonds.
That brings us to the thirddiff��erence, the aim of the QEprogrammes in other countries is to impart liquidity in
to the system to promotegrowth. The aim of the GSAPis not to infuse liquidity. Asthe Governor indicated,there is suffi��cient liquidity inthe system currently with M3expanding strongly in FY21.In fact RBI is trying to suckthe extra liquidity infused byGSAP through variable reporate auctions that will nowbe done at the long end. TheGSAP mainly tries to createdemand for the governmentpaper thus keeping the fi��nance cost of public andprivate borrowers in check.
Beware the falloutIt’s therefore clear that theRBI is not going down thepath of an outright QE yet.It’s also not possible for acentral bank of an emergingeconomy to expand its balance sheet with abandon.This is because of the debasing eff��ect of such a move onthe currency. The rupee hasslipped below 75 levelagainst the US dollar mainlydue to the GSAP.
Two, only advanced economies whose currencies arepart of the IMF SDR basket –currencies that are usedwidely in global trade – canaff��ord to print endlessamount of money. QE is notan option for emerging economies because there arefewer takers for bonds issued by these economies. Finally, the impact of expanding money supply oninfl��ation also needs to bekept in mind. CPI numberfor February has already exceeded 5.5 per cent forMarch.
G-SAP 1.0: Has RBI embarked on the path of quantitative easing?
DATA FOCUS
HARI VISWANATH
BL Research Bureau
TCS’ Q4FY21 revenue of₹��43,705 crore, operating margin of 26.8 per cent and EPS of₹��24.97 were generally in linewith expectations. This is atad disappointing given theexpectations following strongresults from industry leaderAccenture (ACN) last month.Revenue grew 4.2 quarter onquarter (qoq) on a constantcurrency basis (CC). This isagainst ACN’s 5 per cent (February ending). Since the results were announced aftermarket hours on Monday, thestock is down about 3 per centtoday in an otherwise fl��at tomildly positive market.
Operating metrics robustContinuing with the trend inDecember 2020 quarter, thecompany saw broadbased qoq growth across verticalsand geographies in the Marchquarter as well. All verticalswere up year on year (yoy) except for retail and communications. The largest segment,
BFSI, which accounts foraround 30 per cent of revenue, outshined with 13 percent yoy CC growth. Cashconversion remains goodwith operating cash fl��ow of100 per cent of net income.
While the managementdoes not give guidance, thecommentary was positivewith strong order booktrends in recent quarters. Thecompany also added close to20,000 employees during thequarter, almost equivalent tothe headcount added in thefi��rst three quarters of the year.Overall, headcount increasedby 9 per cent during the year.This further provides an indication of management’s optimism into the future.
Outlook on stockWe had recommended a bookprofi��t call on TCS in the Portfolio edition dated January 24purely on valuation grounds,noting that while TCS was executing at industry leadinglevels in most metrics, thiswas factored into its price. Wedo not see anything in the results to change that view. TCSclosed FY21 with revenue of
₹��1,64,177 crore – up 4.5 percent year on year (yoy) anddown by approximately 1 percent in constant currency(CC) terms.
A good performance giventhe pandemic disruption, butnot enough to justify a 50 percent increase in its share pricefrom its prepandemic levels.The last time TCS gave similarreturns in one year 40 percent returns – is between April2018 to April 2019. At thattime, its revenue grew over 15per cent in FY19. Followingthis, it returned only around 5per cent over the next 10months till February 19 (justbefore pandemic struck).
It now trades at around 31times its FY22 EPS (Bloombergconsensus). This is well aboveits one year forward PE ofaround 2223 times in the two
years till the pandemic. Whileits EPS is expected to grow 20per cent in FY22, this comeswith benefi��t of base eff��ect just3 per cent growth in FY21 EPS.
Long-term revenue growthBased on current trends, itslongterm revenue growth islikely to be in high single digits to low double digits. Thisis not the kind of growth overthe long term that can justify30 times PE (earnings yield of3.3 per cent) when risk free 10year government bond yieldabout 6 per cent in India.
While recent rupee depreciation may provide a tailwindto business performance, itmay be countered by theheadwinds posed to the dollar carry trade (borrowing indollars and investing in assetsin stronger currency) fromthe rupee depreciation andrise in US treasury yields. Thiscould take some sheen of thestock for FPI investors, who, sofar, may have found TCS earnings yield attractive vs low interest regime in developedworld. Hence, investors canlook at entering the stock posta correction.
TCS Q4 FY21 results do not justify current valuation Q4 COMMENT
OUR BUREAU
Chennai, April 13
The Hero Group has launcheda new edtech company, HeroVired, which will off��erlearners overall professionaldevelopment and make themindustryready for emergingjobs and professions.
The industryrelevantlaunch off��erings of HeroVired range from certifi��cateprogrammes in fi��nancerelated technologies, integratedprogrammes in data science,machine learning artifi��cial intelligence, fullstack development, game design, and entrepreneurial thinking andinnovation. Future programmes will cut across domains such as design, electronics, leadership, healthmanagement and emergingtechnologies, says a press release.
Tie-up with universitiesThe programmes will be incollaboration with top universities such as MassachusettsInstitute of Technology (MIT)and Singularity University,and learning experiencespowered by Codecademy. Select programmes will off��er anAcademic Bank of Credits as
proposed in the NEP forlearners to access futurelearning.
Akshay Munjal, Founderand CEO, Hero Vired, said, “India currently faces a unique‘employability paradox’where there is a shortage ofhighly skilled professionals,yet graduates fi��nd it diffi��cultto secure suitable jobs due tolack of skillsets that are imperative for Industry 4.1. Ourmission is to ensure that theyoung workforce can bementored for overall professional development aimed attheir future growth.”
Hero Vired will off��er a mixof programmes; some aimedat working professionals withclasses over weekends, andothers for young professionals who are looking for a moreintensive fulltime experience.
Hero Group launches edtech platform Hero Vired
Akshay Munjal, Founder
and CEO, Hero Vired
OUR BUREAU
Mumbai, April 13
Tata group and Ajay Singh, thepromoter of SpiceJet, havebeen invited to place a fi��nancial bid for Air India once theycomplete their review of theairline’s data room.
“The access to data roomhas been given to interestedplayers and once that processis over they will be asked tosubmit fi��nancial bids,” said atop offi��cial adding “The entire
process is expected to be completed by September” .
The government plans tosell 100 per cent of its equityshare capital in the stateowned airline, including AirIndia’s shareholding interestof 100 per cent in AI ExpressLtd (AIXL) and 50 per cent inAir India SATS Airport ServicesPrivate Limited (AI SATS).
Tata Sons is the only entitythat has confi��rmed its participation in AI’s bidding pro
cess. The promoter of SpiceJetis said to be in the reckoning,but he has not confi��rmed thisoffi��cially. “Now that the government will ask for fi��nancialbids, it will be clear if Singh isserious about taking ownership of Air India or not. If hedoesn't submit a bid then
Tatas will have a clear pathprovided their proposal is acceptable to the government,”said an industry expert.
Civil Aviation MinisterHardeep Singh Puri had recently said that the government will invite fi��nancial bidsfor the airline soon.
“There is no choice, weeither privatise or we closethe airline. We run a loss of₹��20 crore every day despiteAir India making money now.Because the mismanagementhas resulted in a cumulativedebt of ₹��60,000 crore,” Purihad said in March.
Interested players given access to data
room; bidding process to end by Sept
Air India sale: Tata Sons, SpiceJet invited to submit financial bids
TE RAJA SIMHAN
Chennai, April 13
For the fi��rst time HCL Technologies has entered the Big15 club—global IT companies with revenue of over $10 billion in themanaged services market —inwhich other Indian companiesTata Consultancy Services, Infosys and Cognizant are alsopresent.
HCL has been promoted tothe Big15 from the Building15club (with revenue of $3 billionto $10 billion), according to theUSbased technology researchfi��rm Information ServicesGroup (ISG) data for the fi��rstquarter. The third category isthe Breakthrough 15 (revenueof $1 billion to $3 billion) andthe fourth category is theBooming 15 (revenue of less
than $1 billion). In the AsaService Market, the companiespresent are Alibaba, AmazonWeb Services, China Telecom,Google, Microsoft and Salesforce, according to the ISG Index, which measures commercial outsourcing contracts withannual contract value (ACV) of$5 million or more.
Also, data from the ISG Index,which measures commercialoutsourcing contracts with annual contract value (ACV) of $5
million or more, shows thatfi��rstquarter ACV for the combined global market (both asaservice and managed services)reached a record $17.1 billion,up 11 per cent over last year andup 4 per cent from the fourthquarter. It was the third consecutive quarter of global growthfollowing the pandemicrelated drop in the secondquarter of 2020.
Asaservice was up 15 percent to a record $9.9 billion, ongains in IaaS and SaaS whilemanaged services was at $7.2billion, up 7 per cent onstrength in ADM services as infrastructure drops. The dealpipeline signals continuedgrowth, as the economy beginsto emerge from pandemic, saidISG in its latest report.
Global demand for technology and business services continues to rise, reaching an alltime high in the fi��rst quarter,with a growing pipeline ofdeals signalling continued expansion in 2021 as the economybegins to emerge from the pandemic, the ISG said.
Global marketData from the ISG Index showsthat the fi��rstquarter ACV forthe combined global market(both asaservice and managed services) reached a record$17.1 billion, up 11 per cent overlast year and up 4 per cent fromthe fourth quarter. It was thethird consecutive quarter ofglobal growth following thepandemicrelated drop in thesecond quarter of 2020.
HCL Tech joins Big-15 club of global IT firms with revenue of over $10 billion
SANGEETHA CHENGAPPA
Bengaluru, April 13
Electric vehicle manufacturer
Ather Energy achieved positive
gross margins for the first time
in March. It is targeting 20 per
cent gross margins in 18
months, at which point, it
would have achieved EBITDA
profitability. In an interview
with BusinessLine, Tarun Mehta,
co-founder and CEO, elaborated
on how the start-up
achieved this
milestone, its pan India
expansion plans and
how it views
competition from Ola Electric
in the next 12-24 months.
What went into achieving
positive gross margins?
When we launched the fi��rstgeneration Ather 450, twoandahalf years ago, we weretrying something new on theproduct, tech, experiencecentre, infrastructure andeven on the distribution side.The idea was to start on asmall scale and see how itdoes without worrying aboutblowing up sales. We focusedon learning for the fi��rst two
years. That’s why, despitehealthy demand, we openedonly Bengaluru and Chennai.For us, the fi��rst generationAther 450 was a higher costproduct, because everythingwas new.
We were losing money at agross margin level and wereat negative unit economics.When we moved to thesecond generation — Ather
450X, we made a lot ofchanges in our vehicleinternally. While, fromthe consumer perspective, the perform
ance went up, charging speedwent up, connectivity got better, acceleration got better; internally we were able to improve our supply chaindramatically. Most of our supply chain vendors boostedtheir capacities 510 times, wemoved to a new plant inHosur and in the midst of allthis, we fi��xed our unit economics and broke into positive gross margins for the fi��rsttime in March.
What were the key metrics
achieved during Q4 of FY21?
The JanuaryMarch quarterwas great. Our sales startedspiking dramatically and wesaw 2.5 times growth QoQ.From November to March,sales grew fi��ve times.
Our test ride bookings,which point to customer interest pan India, went up 6times. We are present in 27 cities of which deliveries havebegun in 11 cities and will beextended to the rest by thenext quarter. We have 8 experience centres in Bengaluru,Chennai, Mumbai, Pune, Hyderabad, Ahmedabad, Jaipurand Kochi. We ramped upcharging stations from 79 to129 in Q4.These stations giveyou 80 per cent charge in 45minutes that provides for a 70km ride. We are adding 30 fastcharging stations everymonth. As we do more andmore work, our material costwill continue to fall. Assemblycost, logistics and distribution costs are largely a function of scale — as scale kicksin, our assembly costs willkeep falling. Put both these together and the unit economics breaks into positive. It is anincredible win for the IndianEV ecosystem, if Ather is ableto generate strong and sustainable gross margins.
What were the key
challenges along the way?
First, our supply chain is usedto operating at a very diff��erent volume and even the mostexperienced suppliers can’tproduce anything new. Theyjust need a lot of time. On onehand, in India we have thecheapest supply chain for 2wheelers compared to anywhere in the world, it evenbeats China. Despite beingable to produce 20 million ofthese things per annum, theminute you introduce any
thing new — our aluminiumframe was new, our battery architecture and every component in it was new, electronicswas new, wiring was new —they are still struggling to getit right the fi��rst time.
A lot of depth, eff��ort and investment is required to stabilise all of this — that’s what wehave been working on.Second, we are still not at fullplant capacity of 1.1 lakh units.To hit full capacity, theprimary challenges would bebumping up our suppliers,because none of the supplierscan still supply at the plant capacity. I expect 90 per centutilisation sometime nextyear. Third, deliveries in citieswhere we are not present yetis an issue which we are trying to iron out. Our primaryfocus is now in growing distribution to meet a lot of demand from new cities wherewe haven’t opened up for saleyet or have an experiencecentre.
How will you compete with
Ola Electric which plans to
come up with 2 million
electric scooters ?
I think, if a company wants tosell 2 million units in India,which is the right aspiration
to have in the long term, it hasto sell in the sub ₹��1 lakh massmarket price point. Is it commercially viable to burnmoney and sell at that pricepoint at such an early stage?That is anybody’s own strategic call.
We believe we will be readyfor a product in the ₹��1 lakhprice segment down the line,but not today. Maybe its theengineer in me that does notwant to do it because, unlessour architectures are stableand proven over a couple ofyears, I would not want to selllakhs of those vehicles, because any issue there willtend to blow up in the entiremarket and destroy a lot ofsentiment.
We will see limited competition in the market in the next12 months. Ather plays in thepremium segment with Ather450 (₹��1.39 lakh) and Ather450X (₹��1.59 lakh), many others are in the mass market.However, in 24 months I definitely expect legacy OEMslike Bajaj and TVS to also stepin with some good distribution. While I don’t foresee anyradical changes in volumes,the market will see more options in 34 months time atvarious price points.
Ather Energy posts first-ever positive gross margin in March
O
For higher volume, twowheelers will have
to sell at sub–₹��1 lakh price point: CEO
ZY
Our primary focus is now
in growing distribution to
meet a lot of demand
from new cities where we
haven’t opened up for
sale yet or have an
experience centre.
TARUN MEHTACo-founder and CEO, Ather Energy
YZ
G BALACHANDAR
Chennai, April 13
The tractor industry has reported historic production,highestever domestic volumesand a strong growth in exportsin 202021.
With strong domestic demand on the back of robustrural economy and recovery inexports from the secondquarter of FY21, industryachieved its highestever production at 9.65 lakh units inFY21 against 7.78 lakh units inFY20, according to the dataprovided by Tractor & Mechanisation Association (TMA).
“The healthy monsoon, government support to farmersboth at the central and statelevel and focus on mechanisation to ensure large scale coverage even during the Covid timeboded well for agriculturalmechanisation,” said TRKesavan, President of TMA.
Tractor volumes zoomedclose to nine lakh units andstood at 8.99 lakh units in FY21compared with 7.05 lakh unitsin FY20, recording an increaseof 27.5 per cent, the highest
growth rate in the past 10 years.Market leader Mahindra &
Mahindra reported a drop in itsmarket share to 38.2 per cent(sold 3,43,833 units) in FY21from 41.4 per cent (2,91,901units) in FY20. InternationalTractors Ltd, manufacturer ofSonalika brand of tractors, sold1,17,503 units in FY21 as compared to 82,958 units in FY20and its market share grew to 13.1per cent from 11.8 per cent inFY20.
Despite highestever domestic sales of 101,848 units inFY21, Escorts’ market share sawa marginal decline to 11.3 from11.7 per cent in FY20.
Exports upMeanwhile, exports of tractorsalso saw a gradual increase inthe postlockdown phase andtotal tractor exports stood at88,621 units in FY21 comparedwith 76,054 units, recording agrowth of 16.5 per cent.The outlook for the industry continuesto be positive given the alltimehigh estimates of rabi production and strong rural cashfl��ows.
Tractors end FY21 with robustproduction, sales and exports
OUR BUREAU
New Delhi, April 13
The Competition Commission of India (CCI) has approved the acquisition of89.6 per cent equity shareholding of Gangavaram PortLtd (GPL) by Adani Ports andSpecial Economic Zones Ltd(APSEZ).
For buying the 89.6 percent stake in GPL, APSEZ hadcumulatively paid ₹��5,558crore. The Ahmedabadbasedinfrastructure conglomerateAdani Group had since 2014purchased fi��ve ports.
APSEZ is an integrated portinfrastructure services provider currently presentacross 11 domestic ports in sixmaritime States of Gujarat,Goa, Kerala, Andhra Pradesh,Tamil Nadu and Odisha.
GPL is engaged to own, develop and operate the deepwater port at Gangavaram,Andhra Pradesh.
CCI approvesAdani Ports’ acquisition of89.6% stake inGangavaram Port
OUR BUREAU
New Delhi, April 13
Fashion brand Benetton hasentered into a strategic licensing deal with Timex India to introduce an exclusiveline of watches in the Indianmarket. This marks the forayof the brand in the watchescategory in the country.
“This oneofakind collaboration is part of a licensingdeal where Benetton Indiawill be at the forefront ofcreative inspiration stemming from the brand’s DNAof colours and social, whileTimex India will spearheadthe overall designing, manufacturing and distribution,”the company said in a statement. To be launched in thesecond quarter of the current fi��nancial year, the ‘BenettonTimewear’ collectionfor men, women and kidswill span across four key categories of Signature, Sport,Iconic and Social, with anendtoend sustainable collection, the statementadded.
Benetton India inks licensing pact with Timex
................BM-BMECMYK
MUMBAI
4 BusinessLine WEDNESDAY • APRIL 14 • 2021THINK
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
At the recently concluded Monetary PolicyCommittee meeting, the Reserve Bankdecided to allow prepaid payment instruments to enter into a range of quasi
banking functions. This will give a further impetusto achieving fi��nancial inclusion goals. Notwithstanding the recent steps to expand access to banking services, there have been hurdles in the usage ofservices off��ered by fi��ntech players and prepaid payment instruments like wallets. For instance, afterthe RBI released its Master Directions in October2017, digital wallets were to become interoperablewithin six months. Three years later, they are stillfunctioning in a walled garden approach, thus locking up users to specifi��c platforms. Now, the RBI hasmade it mandatory for wallets to become interoperable, allowing users to transact irrespective of theplatform they are on. This will bring digital walletsat par with credit cards, UPI, and online bankingaccounts.
Similarly, the RBI’s decision to allow paymentsbanks to enhance the limit of maximum balance atthe end of the day from ₹��1 lakh to ₹��2 lakh per indi
vidual customer was a longstanding demand. Paymentsbank licences were given out bythe RBI to bridge the mismatchbetween small depositors andtraditional banking players. Thepremise was that since payment
banks do not have to open physical branches andbear other costs related to running a fullfl��edgedbank, they would be able to cater to lowincomegroups. However, many entities which took payment banking licences were forced to surrender itafter they discovered that the business model wasweak due to RBI restrictions. Payments banks off��erinterest rates on deposits like banks but they arebarred from giving loans and advances. While theserestrictions remain, the move to increase the cap onthe maximum balance will help payment banks expand their client base.
The RBI has also allowed payment system operators to take direct membership in realtime gross settlement (RTGS) and national electronic funds transfer (NEFT), hitherto available only to customers oftraditional banks. Through these measures, RBI hasopened up a huge market for fi��ntech players; at thesame time wallet, payments banks, and other payment systems can off��er a range of services. However,the real impact would be seen only if these playersutilise the new tools for providing fi��nancial servicesto the unbanked.
It is clear that the fi��nancial inclusion objectivescannot be met by banks alone. Fintech players, withtheir innovative thinking and faster adoption oftechnology, must be encouraged. On their part, payment companies must invest in robust systems tomake online transactions secure. Consumers mustbe protected from data breaches and network outages if the regulatory boost to fi��ntech is to have towideranging impact.
Fintech boostWallets, payment banks have been unshackled
but they must ensure data security
0xy z
wednesday, april 14, 2021
GANGA NARAYAN RATH/MANAS R DAS
Two recent pronouncements, one by the PrimeMinister in the Lok Sabhaon the role of the private
sector and the other by the FinanceMinister about lifting the embargoon private sector banks (PvBs) fromconducting government business,have left a signalling impact on theecosystem of private sector initiatives in India.
The RBI, after it was established in1935, was empowered to carry out thegeneral banking business of theCentral and State governmentsthrough its own offi��ces and throughthe offi��ces of the ‘agency banks’ — SBIand later public sector banks (PSBs) —appointed under Section 45 of theRBI Act, 1934, by mutual agreement.And the RBI pays agency commissionto agency banks for the governmentbusiness handled by them.
From October 1, 2003, four PvBs —Axis Bank, HDFC Bank, ICICI Bank andIDBI Bank — were allowed to handlegovernment business in a selectivemanner. The move was aimed at enhancing the quality of customer service in government businessthrough more competition, improving customer convenience by increasing the number of customerservice outlets and broadbasing therevenue collection and paymentmechanisms of the government.However, the government imposedan embargo on further expandingthe list of PvBs, initially inSeptember 2013 for aperiod of three years andthen subsequently renewed the restrictions in2015, 2017 and 2018.
Now, the governmenthas lifted the embargo “toensure a level playing fi��eldto all public sector and private sectorbanks, enhancement of customerconvenience, enabling innovationand the latest technology in thebanking sector, and spurring of competition for higher effi��ciency and increase in standards of customer service, ultimately leading to allround
value creation.” This is a signifi��cantdevelopment because (a) this furtherlevels the fi��eld in favour of PvBs, and(b) this is a prelude to privatisingPSBs which may gather speed aftertwo of them are privatised as announced in the Union Budget 202122. Furthermore, it will increase competition between PSBs and PvBs,thereby generating operational effi��ciency in the conduct of governmentbusiness, and enhancing the penetration of the Direct Benefi��t Transfer(DBT) plan.
Government business is lucrativefor banks as it is a source of bulk deposits, giving them ‘fl��oat’ moneywhich can be deployed in theovernight money market, and helpsgarner lowcost and stable deposits,facilitates customer acquisition, andmost importantly, generates commission income.
The deposits kittyAccording to RBI data, deposits of thegovernment sector (Central andState governments combined) stoodat ₹��11,796.40 billion at Marchend2020, which was 1.8 times that atMarchend 2010 and 4.5 times that atMarchend 2005. This underscoresthe importance of government deposits from the viewpoint of resource mobilisation by banks.
The commission incomeThe accompanying graphic presentsthe total amount of agency commission earned from the RBI by all the
agency banks, and its ratioto their total ‘commission,exchange and brokerage’income.
The year 201516 witnessed a sudden spike dueto the increase in government expenditure, including pension arrears and
growth in the economy resulting inhigher levels of government tax andnontax receipts, and provisionsmade for reimbursing service tax onagency commission paid to agencybanks.
The ratio refl��ected a decliningtrend, steeply so in the post 201516
period. This may be attributed to themigration of government transactions to electronic mode, especiallyafter GST was launched in July 2017and the integration of governmentsystems with RBI’s eKuber for directprocessing of government paymentsand receipts. Furthermore, duringthe decade, while agency commission showed a compound annualgrowth rate of 2.9 per cent, commission, exchange and brokerage income (excluding agency commission) for agency banks grew at 8.7 percent. The ratio may be small and declining, but in a situation where theinterest income of banks is squeezed,every drop of noninterest incomevia agency commission would countto support the bottom line.
Boon and bane for banksThus, liberalisation has come as aboon for PvBs. There are at least twofactors that will help them garner
government business. For one, theyare more aggressive in their marketing and lobbying than PSBs, and technologysavvy. Second, their staff�� incentive structure is favourable tosolicit government business. However, there are some pain points.
First, their branch network is notas wide and deep as that of PSBs. Inthe case of the government’s schematic allocations, money is utilisedthrough various departments/agencies right from the village or blocklevel. Here, PSBs, (especially the SBI),which have large networks of ruraland semiurban branches, will scoreover PvBs. Perhaps some of the oldand small PvBs, especially those inSouth, which have penetrated intosmaller areas, may have an edge overnew PvBs. The PSBs will have atougher task of holding on to existing government deposits if the government decides to auction temporary surplus whereas in this case PvBs
can quote fi��ner rates to garner funds.Second, PvBs, with their less per
meated branch network will fi��nd itchallenging to dispense smallvaluedpensions which are manpowerintensive. It will be diffi��cult for PvBs topinch the existing business of PSBs,as a pensioner would not like to shifther pension account to another bankas it is procedurally cumbersomeand inconvenient to operate.
Therefore, to begin with, PvBsshould focus on garnering ‘new’ government businesses. This will alsohelp them acquire new customers towhom they can crosssell nonbanking products.
The way forwardGoing forward, government businessis likely to increase with the risingnumber of taxpayers, developmentalprogrammes and the DBT. In order tocarve out larger segments of the increasing pie, PSBs need to reviewtheir government business modelsand strategies including staff�� incentive structures.
Nonetheless, levelling the fi��elddoes also warrant that PvBs shouldparticipate equally in the implementation of the government’s developmental programmes as PSBs aredoing. In the case of the PradhanMantri JanDhan Yojana, out of 420million benefi��ciaries, the share ofPvBs was just three per cent (March10, 2021). While lifting the embargothe government has added a caveatthat PvBs found wanting “in theachievement of implementation ofsocial sector Government initiativesand Schemes” will be subjected toperiodical review and permission “tothe concerned bank to undertakeGovernment business could be potentially withdrawn”. Be that as itmay, the latest measure will push Indian banking into creeping privatisation and at the same time improve India’s score in the ease of doingbusiness.
Rath is a former Chief General
Manager of the RBI and Das is a
former senior economist with SBI.
(Through The Billion Press)
The move will push privatisation of Indian banking and boost ease of doing business
2010
-11
2011
-12
2012
-13
2013
-14
2014
-15
2015
-16
2016
-17
2017
-18
2018
-19
2019
-20
Agency commission earned by banks
Co
mm
issi
on
bil
lio
n
Ra
tio
(%
)
Agency Commission Ratio Linear (Ratio)
50
40
30
20
10
0
9
8
7
6
5
4
3
2
1
0
Based on RBI data. # Agency commission on government transactions received by the agency banks/Total commission, exchange and brokerage income of the agency banks
Will govt business recharge private banks?
R ANAND
The SEBI Chairman recentlysaid that the posts of Chairman and Managing Director (CMD) need to be
split from April 1, 2022. He has alsohighlighted that “Separation of theroles will reduce excessive concentration of authority in a single individual”.
The next statement is equallypowerful: “The underlying idea forsuch a separation is not to weakenthe position of the promoter but toimprove corporate governance”. Thetop 500 listed companies should getready with the implementationplan. The splitting of the posts isamong the several moves taken bySEBI to improve corporate governance. What are the key issues thatneed to be addressed here?
Centralised power of CMDWhen a person occupies both theposts, he is the virtual power centre.Nothing in the company can be decided without the knowledge of theCMD. In board matters he not onlydecides the agenda items but alsoanswers all the questions and issuesarising thereon. So the buck stops
with him/her. Most Articles of Association provide for a casting vote to thechairman and to this extent the CMDhas two votes when there is a deadlock. But the issue has come up for reexamination in the light of recentcorporate failures and scandals.
Is overcentralisation of controlwith one person the cause of theproblem? Have other directors, including independent directors, beenmute spectators where CMDs haveruled the roost? These are questionscrying out for answers.
Merits of splittingThough not defi��ned in the Act, basedon the Model Articles of Association,a chairman has powers under thecommon law, such as: power topreside over the meetings, bring discussion on any question, and powerto adjourn the meeting if necessaryunder circumstances.
The chairman, in reality, is the effective captain of the team and in thecurrent context his roles and responsibilities are onerous. Even inthe case of a nonexecutive chairman, the liabilities are the same asthat of an executive chairman or thatof a chairman and managing director. It is no longer about dealing
with the agenda items and ensuringthat minutes are properly recorded.The chairman also intervenes andtakes a decision when confl��ictingviewpoints emerge.
The stature of the individual playsa signifi��cant role in shaping the waya chairman conducts the meetings.Similarly an all powerful MD used tohaving a sway over the board can beput to test by a chairman who cannot only exercise his authority butalso have the proverbial last word onthe subject.
This is exactly where the splittingof the posts will help to achieve theright balance in decision making.
So, when the posts get splitbetween two persons, it paves theway for collective wisdom as againstcentralised decision making.
The chairman, who is a nonexecutive, will have absolute commandover the agenda items and will dictate the course of board meetings.The MD, in this context, will be subservient to the chairman.
While routine decisions do notpose any problems, it is decisionslike (a) Related party transactions,(b) Diversifi��cation into new lines ofbusiness, and (c) Appointment of keymanagerial personnel that will require a chairman and an MD to havean understanding before they comeup to the board. Even if there is somedisagreement, it is useful to presentboth sides to the board to arrive atthe right decision.
Corporates have to bite the bulletpost March 31, 2022 since SEBI hasmandated it after giving two yearsnotice.
One way to get around is to bringin a ‘Convenient’ independent director as a nonexecutive Chairmanwith the promoter MD still calling
the shots. This will be in adherenceto the regulations by the letter of thelaw but not in spirit.
Having said that judging by the experience of the conduct of independent directors so far, the regulator willup the game and monitor how thissplit in roles works on the ground.
Global trendThe UK and Australia have moved
in the direction of separating thetwo posts as have Germany and theNetherlands.
The trend across the globe seemsto be more in favour of splitting andhence the timing of the decision isappropriate in the Indian context.
Enhancing the eff��ectiveness of theboard is the most vital link in improving the overall corporate governance agenda.
The steps taken by SEBI in improving the role of independent directors and the move to split the CMDposts will undoubtedly improve thegovernance matrix.
Corporate India needs to take thisup in right earnest and not try and‘game the system’ that would defeatthe objective.
The writer is a Chartered Accountant
It’s countdown to splitting CMD postsIndia Inc must work towards separating the roles of the chairman and MD in right earnest to improve governance
Ushering in change /ISTOCKPHOTO
The lockdown quandary
With reference to the article‘Resolving the lockdown dilemma’(April 13), during the US polls lastyear, Covid cases were peaking andcasualties mounting yet DonaldTrump, during his huge electionrallies, neither wore a mask nordid he advocate others to wearone. Now leaders in our countryhave continued to parrot Covidprotocols and yet have no compunctions in calling for mammoth rallies even as the nationtouches record daily cases.
Lockdown fi��ats are issued bythose who are assured of theirnext meal and bed but the common man is unfortunately left tofend for himself as he desperatelytrudges miles to his native home.R Narayanan Navi Mumbai
With surging Covid cases, the
public, in general, is abstainingfrom complying with the protocols which eventually is posing asevere threat to lives and livelihoods.
Thanks to the recent reformmeasures economic activities areon a fast revival path. At this juncture, dynamism in activities is crucial to further reduce job losses aswell as to balance the unevenmovement of the labour forcefrom rural to urban areas.
A complete lockdown as wasdone last year is detrimental toeconomic growth but at the sametime, it is essential to implementdrastic measures other than complete lockdown to arrest thespread of the pandemic.
To make available vaccination toall the unvaccinated population,the governments at the Centre andStates must look for organisingvaccination camps across the
country. The local governmentand other government machineryare key players to contain thespread of the pandemic.
A sector and areaspecifi��c approach is paramount to keep theeconomic activities going onsmoothly and governments mustrefrain from looking for a complete lockdown to avoid furtherdevastation to the already ruinedeconomy.VSK PillaiChanganacherry
Bending the curve
Apropos Editorial 'Bending thecurve' (April 13), with a view to preventing the alarmingly increasinginfections, a few States like Maharashtra and Telangana have gonefor night curfew and weekendlockdowns. It is time that Statestook harsh and stringent steps. Atotal lockdown of a week (except
ing essential services) is the needof the hour. States need to plan inhandling the other impacts onother societal issues arising on account of total lockdown keepingin mind that the measures do notresult in crowd gathering. Placeslike Cinema halls, malls, restaurants need to be closed down completely for a week or two with limited entry in temples.
Keeping aside the politics, theCentre also needs to pump in alarge number of vaccines to theStates having huge infected cases.Also, the Centre must plan to cover100 per cent of the population (irrespective of the age) belonging tosmaller states like Assam, Nagaland, Meghalaya and Tripura.RV BaskaranChennai
Mamata’s defiance
TMC chief and West Bengal CM
Mamata Banerjee sitting on aprotest before the Gandhi Murti inKolkata, clearly shows her opposition to the EC’s decision imposinga 24hour ban on her electoralcampaigning across the State. Thepoll regulator’s action has beentermed as biased and unjustifi��edby the TMC.
But one also wishes that she hadtaken the trouble of revisiting theactual contents of her recent electoral speeches apart from carryingout some honest selfintrospection.
For sure, such an ideal thinkinguniversally applies to one and all.Let West Bengal's voters take the fi��nal call as per their own wisdomand accordingly decide the fate ofall those who are currently in thepolitical fray. Kumar GuptPanchkula (Haryana)
LET TERS TO THE EDITOR Send your letters by email to [email protected] or by post to ‘Letters to the Editor’, The Hindu Business Line, Kasturi Buildings, 859-860, Anna Salai, Chennai 600002.
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That a collective sense of fear and sorrow in the face of thesteepest surge of Covid19 pandemic should drive people
towards overt religiosity is perhaps understandable. What isunforgivable is those in authority actively channelling thesepalpable fears into absolutely irresponsible public conduct.
This week, the Uttarakhand government did not just allowas many as 31 lakh devotees, it even arranged for helicopters toshower fl��ower petals as religious contingents marched on the
streets of Haridwar, most of them withoutmasks. Haridwar had already registered 373fresh coronavirus cases on Sunday even beforethe event. Many among the devotees and theirleaders, the chief priest of the biggest collect
ive Niranjani Akhara, Mahant Narendra Giri, was diagnosedCovid positive. But that did not deter his son, Anand Giri, fromleading the procession for the holy dip. State Chief MinisterTirath Singh Rawat has, meanwhile, addressed fears about theMaha Kumbh being a superspreader event by asserting that“the faith in God will overcome the fear of the virus”.
In a diff��erent context, all pretence at having a “virtual campaign”, the fi��g leaf that was donned to justify holding the Bihar Assembly elections in the middle of the pandemic lastyear, has been dropped in favour of a noholdsbarred, collectthecrowd campaign especially in the eightphaselong WestBengal polls. Every political party somehow forgets about theraging pandemic as soon as elections are announced in anyState. Given the gravity of the situation, the Election Commission has done precious little.
“It is widely known that in recent weeks, Covid cases are being reported in larger numbers. However, instances of election meetings/campaigns have come to the notice of the Commission where norms of social distancing, wearing of maskshave been fl��outed in disregard to the Commission’sguidelines,” said the EC in a letter to all parties in Bengal onApril 9. Did anyone hear Prime Minister Narendra Modi,senior members of his Cabinet or Bengal Chief MinisterMamata Banerjee advising participants in their rallies accordingly?
Poornima Joshi
Callous and irresponsible Religious congregations, poll rallies blithely ignore raging Covid
FROM THE VIEWSROOM
................BM-BMECMYK
MUMBAI
BusinessLineWEDNESDAY • APRIL 14 • 2021 5THINK
ACROSS
02. Governed, reigned (5) 05. Headandshoulders sculpture
(4) 07. Snatch (4) 08. Directed one’s attention (8) 09. Number, second teen (8) 11. Discover (4) 12. Put off�� to some future time (13) 15. Declare to be true (4) 17. Mixing in with (8) 19. Fauteuil (8) 21. Fruit with stone (4) 22. Preserve (4) 23. Reside (5)
DOWN
01. Heat of emotion (7) 02. Polish (3) 03. Big (5) 04. Finished, dead (7) 05. Lever (3) 06. Lustre (5) 10. Happen again (5) 11. The last round (5) 13. Brassard (7) 14. Monkish hair style (7) 16. Road edge (5) 18. Look after, tend (5) 20. Drinkingvessel (3) 21. Chum (3)
ACROSS
02. Got the line straight as onegave one’s decision (5)
05. A female vital statistic, whenover twentyone? (4)
07. Boast about how rudely onemay take it (4)
08. The man with the whistle waswrong to have turned to it (8)
09. One of this will be twelvemonths into the teens (8)
11. Come across a bit of fi��sh at thestart of dinner (4)
12. Turncoats print, and are to putit off�� till later (13)
15. Be wildly enthusiastic aboutthe fi��rst last and declare it (4)
17. Mixing Dynasty with Heather(8)
19. Comfortable seat will givepresident means to fi��ght (8)
21. Something choice for Victoria,say (4)
22. A part of the castle one maysave for later (4)
23. Rest attention on the West,being involved in depression(5)
DOWN
01. Zeal over complicity in mink (7) 02. There it was, for Hamlet to
produce 6 perhaps (3) 03. Big spillage of beer (5) 04. Enjoyment in December with
fi��rst of toys no longer with us(7)
05. It is exclusive, where drinks aredispensed (3)
06. A woman has two ways oflooking lustrous (5)
10. It will happen, not for fi��rst time,to be concerning dog (5)
11. Last match with threefi��fths offl��ame in its construction (5)
13. Give musicians guns and make abrassard (7)
14. Shaving of crown is certain, butnot up to begin with (7)
16. The very brink of what isrevealed in overgenerosity (5)
18. Look after the railmen’s unionbut use no leader (5)
20. Trophy one may put one’s handstogether for (3)
21. Angle of the body made sittingup for a friend (3)
easy not so easy
ACROSS 1. Buttonholing 8. Totality 9. Apse 11. Merge 12. Ferment 13.Mock 15. User 19. Contour 20. Eight 22. Idea 23. Macaroni 24.Entertaining DOWN 2. Utter 3. Talked 4. Notify 5. Impress 6. Great Britain 7.Stamp machine 10. Fry 14. Content 16. Sow 17. Arcana 18. Detain 21.Grown
bl two-way crossword 1848
SOLUTION: BL Two-way Crossword 1847
G KRISHNA KUMAR
The government’s Information Technology (Intermediary Guidelinesand Digital Media Ethics Code) Rules2021 sent shockwaves across the di
gital and OTT industry. And why not? This isthe fi��rst time the government has undertakenany initiative towards regulating the hithertounregulated digital media and OTT (over thetop) platforms. It is a fi��ne line between regulation and restriction and hence the government is off��ering repeated clarifi��cation that itis aiming for “soft touch” regulations
India’s Internet usage has been growingrapidly, doubling to over 70 crore users nowcompared to 2015, and is expected to touch100 crore users by 2025. During the past threeyears, subscribers on the digital and OTT platforms have also grown rapidly.
Two-sided marketplaceDigital platforms (like Facebook, YouTube)and OTT players (like Amazon Prime, Netfl��ix)are often called as intermediaries in a twosided marketplace. In such a market, two setsof players interact through the intermediaryor platform. In the case of, say, Netfl��ix, the two sides would be the content creator (movie or documentaryproducer) on one side and the consumer who watches the content, onthe other.
“Network eff��ect” plays a major rolein a twosided marketplace. Essentially, more the number of subscribers on a platform, the better it is for thecontent providers. The content moderationguidelines need to balance the needs of thegeneral public and the content providers.
Social media companies have, of late, beenfacing a trust defi��cit as issues related to databreaches, privacy, provocative posts, fakenews, etc., have been reported across severalcountries. India banning Chinese apps fordata breach and the subsequent surge in equivalent ‘Made in India’ apps/platforms is wellknown. This should serve as a warning to theglobal tech giants on India’s ability to act incase of noncompliance.
EU regulators are pushing for laws thatwould hold the intermediary companies directly responsible for dissemination of illegalcontent on their platforms.
The UK is seeking to hold the intermediarycompanies responsible for a predefi��ned list ofonline harms including illegal content andharmful user behaviours. France requirescompanies to remove illegal content within24 hours from receiving a notifi��cation.
Singapore’s digital content regulation by
Infocomm Media Development Authority(IMDA) focusses on community standardswhile providing more choices for adults andprotecting the young. IMDA believes in coregulation as an eff��ective mechanism.
Recently the Australian government started an inquiry into the role of global technology fi��rms/platforms in spreading false information. Already, global tech fi��rms haveresponded by launching a voluntary code toprevent spread of false information on theirplatforms.
India’s plan to trace the source or origin ofharmful content is a good step as this will deter mischievous elements from spreadingfalse or harmful content on social media platforms. This will also push the content providers on OTT platforms and OTT companiesto abide by the guidelines.
However, considering the size of the digitaluser base in the country, the governmentmust create the right framework to understand the challenges in implementation. Cananyone raise objection, and how will the system handle if there are thousands of complaints? The online platforms should provideclear information on their operational model
and responsibilities. India’s plan to establish a three
level grievance redress mechanismlooks to be a good model. The grievance redress offi��cer needs to acknowledge complaints within 24hours and resolve them within 15days. The government has defi��ned athreshold of 50 lakh registered sub
scribers for an intermediary to be consideredas “signifi��cant”. Such intermediaries are mandated additional compliance and reporting.Overall, it is still not clear how the wholemodel will be implemented.
The Information and Broadcasting Ministrywill formulate an oversight mechanism. Thegovernment having all powers can be tricky,but then it depends on maturity of the overallecosystem, including the government, in creating an unbiased complaint redress system.While the government is implementing content moderation, issues like consumer/dataprotection and consumer’s privacy must notbe diluted.
Considering the complexities, it would takeat least a year for the impact of the present regulations to be visible. With several stakeholders involved in the process, regular audits andreporting will help in strengthening the regulations and bring a practical, unbiased andtransparent mechanism in the country.
The writer is an ICT professional and columnist
based in Bengaluru. Views are personal
Monitoring digital contentThe mechanism must be transparent and unbiased
Almost a year ago, as Covid19numbers began soaring,commentators started penning obituaries for India’s
feisty and booming tech startup sector. Business would slow to a trickle asventurecapital investors snappedshut their wallets, doomsters forecast.Funding would dry up. In short, RIP.
Life has a way of confounding pundits. In calendar 2021 alone, at leastnine Indian startups have attainedcoveted unicorn status. This meansthese privatelyheld fi��rms now havevaluations of over $1 billion and someway more. Most startlingly, a recordsix of these startups achieved billiondollar valuations in the fi��rst week ofthis month.
India is now estimated to have 5055 unicorns, up from about 30 a yearago when only seven new companiesattained unicorn status (there werejust six that got unicorn ranking theprevious year).
Many venture capitalists reckonthe Indian startup sector will accelerate even faster from here as the pandemic propels adoption of onlinetechnologies. There are even predictions of nearly 100 unicorns by yearend. Other, slightly more modest, predictions are there’ll be 100150 by2025. India will retain its position asthe country with the thirdlargestnumber of startups after the US andChina.
The fact the entire startup sector isfaring much better than anyonewould have dared predict last year istestimony to two facts. Firstly, India’sstartup entrepreneurs have beenquick to adapt to the new Covid circumstances. Tech trade body Nasscom, for instance, says over 1,600new startups were established as thepandemic quickened last year andmore than 55 are “soonicorns,” fi��rmsthat could become unicorns.
Secondly, the bigger players particularly have been quick to grab new opportunities that arose as people fearing leaving their homes boughtonline.
Look, for instance, at Udaan, theB2B company that links manufacturers and the small kirana stores in hundreds of small towns and cities.Udaan has been a major benefi��ciary ofthe coronavirusdriven shift to ordering online. It’s seen the number offood buyers on its site climb by 50 percent in just the last six months and itcollected 100,000 new lifestyle category users on its platform during2020.
For a shift of tempo, let’s take thecase of a small company that began bygiving inperson music lessons atschools and was looking at going online gradually. When Covid struck andschools closed, they faced the prospect of having to shut shop till pupilsreturned to classes. Instead, theyrevved up their online plans and nowboast more pupils than they’dplanned for.
Says Raman Roy, chairman of Quattro Global Services: “Once the schoolsclosed, their business model disappeared. But they had students andthey fi��gured out how to teach themonline. Then, they got more customers via social media.”
India’s new unicorns straddle allkinds of sectors but the biggest winner of all is fi��ntech with companieslike PhonePe and Paytm. Healthcare,too, has gained major traction for understandable reasons. Take a glance atonline pharmacy PharmEasy, whichaims to link pharmacies, doctors and
hospitals. It has just raised $350 million and carries a $1.5 billion valuation. It’s now raising money to bringmore customers into its network. Butit’s in a furiously competitive segment: Reliance has just acquired Netmeds and the Tata Group is closing adeal to snap up 1MG. PharmEasywhich itself acquired rival Medlife.
Other new unicorns includeGupshup, launched in 2005, which isa chatting app off��ering nine regionallanguages and also functions as a platform for companies to keep in touchwith customers. Also, there’s Sharechat which combines WhatsApp,Twitter and Facebooklike off��eringsin eight regional languages.
It’s clear the pandemic has changedthe entire online world and speededup processes that most players expected would happen between now and2025. What’s more, when customersbegan to vanish in March and April2020, it forced companies to squeezespending and focus on the essentialsof their business.
Companies like Swiggy and Zomato tightened their belts and explored ways to make the best of thenew commercial landscape and expand in tough market conditions.Says Pranav Pai, founding partner of3one4 Capital: “2020 was a great fi��ltering event for many companies.” Headds: “Now. demand for digital (services) is at an alltime high and thisisn’t something temporary. It’s not going away.”
Still, everyone’s experiences wereslightly diff��erent. Many existing startups had a tough time. Look at Tamiland Telugu digital news site Lokal.
Like many others, it found businessvanishing in March and April 2020.Then, it discovered that its digitalviewer numbers were starting tosurge because people had time ontheir hands and were visiting the site.
Also, many Indian companies arenow fi��rming up plans to list and themain question preoccupying them iswhether they’ll achieve better valuations in Mumbai, New York or London. One of the initial players lookingat listing is InMobi, a step expected byaround yearend. It’s estimated InMobi will seek to raise $1 billion thatwould give it a total valuation in theneighbourhood of $15 billion.
Is it all rosy?Is there a downside to this rosy picture of highvalued startups? Inevitably, the answer is yes. For starters, weno longer have Chinese investorsscouring the Indian startup sector forfastmoving winners. At one level, itcan be argued the Chinese have beenreplaced by US and European investors and funds from the MiddleEast who’ve scented India’s startupsare in blastoff�� mode. At another level,loss of the Chinese takes out a key investor group who’ve spread funds farand wide among Indian companies.
More serious is the fact the world isliterally awash with money, thanks tointerest rates hovering just abovezero per cent. Says Arun Natarajan ofVenture Intelligence: “Huge global liquidity is driving a tsunami of capitaltowards risky asset classes. This phenomenon is driving up valuations inprivate markets including in India.”
Natarajan reckons this fundstsunami poses dangers. “A potentialrisk factor for the Indian market is theheavy relinkage with the US market.If that market sneezes, our marketswill catch cold,” he says, adding: “Itwould be almost immediate sincethere is no counterbalance availablefrom China.”
Right now, startups, though, aren’tstressing too much about such scenarios as they’re glad to have survivedso far through the pandemic. And, in aworld going the online way fasterthan anyone predicted, they’re looking to seize all new opportunitiescoming their way.
India’s start-up sector is on a rollSeizing the pandemic-driven opportunities, quite a few have attained unicorn status and funds are pouring in
PARAN BALAKRISHNAN
THE WIDER ANGLE
Start-ups are faring much better than anyone would have dared predict last year ISTOCK
April 14, 2001
Single-window clearance for biotech projectsThe Department of Biotechnology has set up a Fast TrackCommittee for a singlewindow clearance of allbiotechnologybased projects costing ₹��100 crore or more.The setting up of the FTC is in consonance with the ForeignInvestment Implementation Authority set up by theMinistry of Commerce and Industry and would helpattract foreign investors in the biotech sector, according toa statement. To attract small and medium entrepreneurs,the Government has circulated a list of indigenouslydeveloped biotechnologybased products and processes.
Boeing plans to build long-range 747-400 versionBoeing Co. plans to build a heftier, longerrange version ofits fl��agship 747400, the Wall Street Journal has reported.Just days ago, Boeing said it had suspended development a520seat superjumbo. deciding instead to build a smaller,more modern jet capable of travelling just under the speedof sound. That news was seen as cementing the position ofAirbus as the top player in the jumbo jetliner segment byleaving the 555seat Airbus A38O unchallenged.
Rice procurement likely to cross 20 million tonnesThe 200001 crop year has been a landmark one as far asprocurement of foodgrains by governmental agenciesgoes. Last year’s rabi marketing season (AprilJune) sawwheat procurement touch an alltime high of 16.35 milliontonnes, surpassing the previous season’s level of 14.14 mt,which itself was a record. A repeat situation seems likely inthe case of rice. In the 19992000 marketing season(OctoberSeptember), rice procurement for the centralpool as well as purchases made by State Governments ontheir own account totalled an unprecedented 18.21 mt.
TWENTY YEARS AGO TODAY
BusinessLine
Cancelling or postponing theTokyo Olympics Games
probably will not hurt Japan’seconomy much, but may requirethe government to off��er targetedsupport for hardhit small fi��rms,a senior offi��cial of the International Monetary Fund said.
While the government plansto proceed as scheduled, a renewed spike in coronavirus infections and slow vaccine rollouts have added to worriesabout the fate of the Olympics,set to start in July after beingdelayed from last year.
“A change to the plans for theOlympics would have a limitedimpact on overall neartermgrowth prospects, given that Japan is a large and diversifi��ed economy,” said Odd Per Brekk,Deputy Director of the IMF's Asiaand Pacifi��c department.
Most of the infrastructureneeded for the Games is alreadyin place, and the hit to growthfrom an evaporation of inboundtourism would be small, he added.
“That said... we should bemindful that cancelling theOlympic Games would have disproportionate impact on the service sector in Tokyo, especiallyamong small and midsizedfi��rms,” he told Reuters in a written interview.
The government may need tooff��er support to such fi��rms, assurveybased analysis suggeststhat cancelling the Olympicscould lower their sales growth bymore than 5 per cent, he added.
Japan's economy has emergedfrom last year’s slump caused bythe pandemic, though analystsexpect any recovery to be modestas a renewed spike in infectionsweighs on consumption.
The pandemic has furtherdelayed achievement of the Bankof Japan’s 2 per cent infl��ation target, forcing it to conduct inMarch a review of its tools tomake them more sustainable.
Brekk welcomed the BOJ’spolicy review as including “stepsin the right direction” to tacklethe cost of prolonged easing.
But infl��ation will stay below 2per cent in the medium term,due to the hit from the pandemicand Japan’s low potential growththat diminishes the impact ofmonetary easing, Brekk said.
REUTERS
Japan’s economy canweather Olympicscancellation: IMF
SHORT TAKE
................BMBMECMYK
MUMBAI
6 BusinessLine WEDNESDAY • APRIL 14 • 2021MARKET RADAR
For BSE/NSE live quotes, scan
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Grab agrees to biggest SPAC mergerApril 13
Southeast Asia's biggest ridehailing and food
delivery fi��rm Grab Holdings, on Tuesday,
agreed to a merger with USbased Altimeter
Growth Corp — a deal that values the former at
an initial proforma equity value of about $39.6
billion and will lead to a public listing. The
merger, the biggest blankcheck company deal
ever, underscores the frenzy on Wall Street as
shell fi��rms have raised $99 billion in the US so
far this year, after a record $83 billion fund
raising in 2020. Singaporebased Grab's
agreement with a special purpose acquisition
company backed by Altimeter Capital includes
over $4 billion private investment in public
equity by investors. REUTERS
Fortis Health: Jhunjhunwala ups stake Chennai, April 13
Rakesh Jhunjhunwala has raised his stake in
Fortis Healthcare by 0.34 percentage point to
4.31 per cent during the previous quarter. As per
the latest March 2021 shareholding pattern,
Jhunjhunwala along with his wife holds 3.25 lakh
shares. At the end of the December quarter of
FY21, Jhunjhunwala and his wife collectively held
3 crore shares (Jhunjhunwala: 1,35,50,000
shares; and Rekha Jhunjhunwala: 1,64,50,000
shares) or 3.97 per cent stake in Fortis
Healthcare. Mutual funds also raised their stake
in the company to 12.25 per cent stake from
10.74 per cent. FPIs, however, reduced their
stake to 34.42 per cent (36.83 per cent stake).
The stock of Fortis Healthcare closed 2.64 per
cent lower at ₹��200.75 on the BSE. OUR BUREAU
JLR drives Tata Motors up 6%New Delhi, April 13
Shares of Tata Motors on Tuesday jumped
nearly 6 per cent after the companyowned
Jaguar Land Rover (JLR) reported a 12.4 per
cent rise in retail sales to 1,23,483 units in the
fourth quarter of 202021. The stock gained
5.62 per cent to close at ₹��302.70 on the BSE.
During the day, it jumped 6.24 per cent to
₹��304.50.Stating that there is continuing
recovery from the impact of Covid19, JLR
said its sales in China in the fourth quarter
were up 127 per cent compared to the
yearago period, when that market was
heavily affected by the pandemic. PTI
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AmbujaCement [2]. . . . . . . . . . . . . .. . . . . . 304.30. . . . . . 302.30. . . . . . 305.00. . . . . . 309.05. . . . . . 298.50. . . . . 5975.42. . . . . . 329.90. . . . . . 157.50. . . . . 34 . . . . . . 302.20
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Axis Bank [2]. . . . . . . . . . . . . . . . . . .. . . . . . 635.60. . . . . . 661.00. . . . . . 635.60. . . . . . 664.85. . . . . . 630.00. . . . 12737.65. . . . . . 800.00. . . . . . 333.05. . . . . 80 . . . . . . 661.25
Bajaj Auto . . . . . . . . . . . . . . . . . . . . .. . . . . 3541.00. . . . . 3602.45. . . . . 3569.00. . . . . 3623.70. . . . . 3515.20. . . . . . 412.12. . . . . 4361.20. . . . . 2274.95. . . . . 23 . . . . . 3599.50
Bajaj Hld. . . . . . . . . . . . . . . . . . . . . . .. . . . . 3279.95. . . . . 3331.00. . . . . 3264.05. . . . . 3415.95. . . . . 3250.10. . . . . . . 25.10. . . . . 3784.80. . . . . 1850.00. . . . . 29 . . . . . 3347.55
BajajFin [2]. . . . . . . . . . . . . . . . . . . . .. . . . . 4511.00. . . . . 4728.75. . . . . 4535.10. . . . . 4774.90. . . . . 4514.05. . . . . 3175.02. . . . . 5921.75. . . . . 1783.10. . . . . 77 . . . . . 4727.40
BajajFinserv [5]. . . . . . . . . . . . . . . . .. . . . . 9163.15. . . . . 9806.70. . . . . 9200.00. . . . . 9847.50. . . . . 9190.05. . . . . . 830.92. . . . 10586.40. . . . . 3985.60. . . . 475 . . . . . 9809.95
BandhanBank . . . . . . . . . . . . . . . . . .. . . . . . 327.55. . . . . . 331.90. . . . . . 334.80. . . . . . 341.00. . . . . . 318.60. . . . 12109.90. . . . . . 430.25. . . . . . 173.50. . . . . 20 . . . . . . 331.85
BergrPaintIn [1] . . . . . . . . . . . . . . . .. . . . . . 728.20. . . . . . 725.20. . . . . . 724.60. . . . . . 738.90. . . . . . 721.00. . . . . . 555.91. . . . . . 824.80. . . . . . 431.55. . . . 102 . . . . . . 724.95
Bharti Air [5] . . . . . . . . . . . . . . . . . . .. . . . . . 522.45. . . . . . 536.15. . . . . . 526.40. . . . . . 540.00. . . . . . 523.10. . . . . 6535.01. . . . . . 623.00. . . . . . 394.05. . . . . . . . . . . 536.00
Biocon [5]. . . . . . . . . . . . . . . . . . . . . .. . . . . . 404.30. . . . . . 406.95. . . . . . 406.70. . . . . . 412.35. . . . . . 401.35. . . . . 2068.04. . . . . . 487.70. . . . . . 320.90. . . . 165 . . . . . . 406.90
Bk ofBar [2]. . . . . . . . . . . . . . . . . . . .. . . . . . . 66.10. . . . . . . 68.90. . . . . . . 67.15. . . . . . . 69.30. . . . . . . 66.30. . . . 49363.12. . . . . . . 99.80. . . . . . . 36.05. . . . . 15 . . . . . . . 68.90
Bosch . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 13681.95. . . . 13887.95. . . . 13625.00. . . . 14039.45. . . . 13447.10. . . . . . . 58.29. . . . 16900.00. . . . . 9021.60. . . . . 70 . . . . 13895.20
BPCL . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 403.95. . . . . . 409.40. . . . . . 405.00. . . . . . 412.50. . . . . . 402.20. . . . . 4032.16. . . . . . 482.40. . . . . . 291.75. . . . . 12 . . . . . . 409.50
Britannia [1] . . . . . . . . . . . . . . . . . . .. . . . . 3812.75. . . . . 3746.00. . . . . 3814.10. . . . . 3847.00. . . . . 3729.05. . . . . . 411.66. . . . . 4015.00. . . . . 2700.00. . . . . 50 . . . . . 3744.50
Cadila HC [1] . . . . . . . . . . . . . . . . . .. . . . . . 499.70. . . . . . 489.95. . . . . . 512.00. . . . . . 513.30. . . . . . 478.55. . . . . 9426.41. . . . . . 532.05. . . . . . 318.10. . . . . 28 . . . . . . 488.55
Cipla [2] . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 902.40. . . . . . 885.20. . . . . . 921.95. . . . . . 932.60. . . . . . 878.30. . . . 11667.20. . . . . . 940.00. . . . . . 565.90. . . . . 27 . . . . . . 885.20
Coal India . . . . . . . . . . . . . . . . . . . . .. . . . . . 124.70. . . . . . 127.95. . . . . . 124.80. . . . . . 128.45. . . . . . 124.80. . . . . 7809.48. . . . . . 162.95. . . . . . 109.50. . . . . . 5 . . . . . . 127.70
Colgate [1]. . . . . . . . . . . . . . . . . . . . .. . . . . 1559.20. . . . . 1539.65. . . . . 1555.00. . . . . 1588.95. . . . . 1534.25. . . . . . 590.21. . . . . 1675.80. . . . . 1257.20. . . . . 45 . . . . . 1539.25
Concor [5] . . . . . . . . . . . . . . . . . . . . .. . . . . . 565.25. . . . . . 573.70. . . . . . 571.00. . . . . . 575.75. . . . . . 561.40. . . . . 1136.42. . . . . . 643.90. . . . . . 329.75. . . . . 44 . . . . . . 573.55
Dabur [1] . . . . . . . . . . . . . . . . . . . . . .. . . . . . 554.75. . . . . . 560.25. . . . . . 555.20. . . . . . 565.70. . . . . . 554.30. . . . . 3181.85. . . . . . 566.00. . . . . . 421.45. . . . . 74 . . . . . . 560.35
Divi'sLabs [2]. . . . . . . . . . . . . . . . . . .. . . . . 3779.65. . . . . 3718.45. . . . . 3847.00. . . . . 3850.00. . . . . 3702.00. . . . . . 606.70. . . . . 3913.00. . . . . 2094.60. . . . . 53 . . . . . 3720.25
DLF Ltd [2]. . . . . . . . . . . . . . . . . . . . .. . . . . . 246.60. . . . . . 255.70. . . . . . 248.60. . . . . . 258.50. . . . . . 246.10. . . . 16183.49. . . . . . 332.60. . . . . . 125.05. . . . . . . . . . . 255.80
Dr Reddy [5] . . . . . . . . . . . . . . . . . . .. . . . . 4996.95. . . . . 4777.30. . . . . 5144.70. . . . . 5144.70. . . . . 4751.10. . . . . 3937.23. . . . . 5514.65. . . . . 3610.75. . . . . 33 . . . . . 4780.60
Eicher Motor [1]. . . . . . . . . . . . . . . .. . . . . 2427.20. . . . . 2493.85. . . . . 2427.20. . . . . 2504.95. . . . . 2420.20. . . . . . 720.90. . . . . 3035.50. . . . . 1285.20. . . . . 56 . . . . . 2494.55
GAIL. . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 132.75. . . . . . 138.90. . . . . . 134.00. . . . . . 139.90. . . . . . 133.90. . . . 19451.01. . . . . . 157.95. . . . . . . 78.75. . . . . 10 . . . . . . 138.85
GenInsurCorp [5] . . . . . . . . . . . . . . .. . . . . . 196.35. . . . . . 205.90. . . . . . 200.00. . . . . . 210.90. . . . . . 200.00. . . . . 1497.55. . . . . . 243.70. . . . . . 114.35. . . . . 19 . . . . . . 206.15
Godrej Cons [1] . . . . . . . . . . . . . . . .. . . . . . 715.40. . . . . . 723.50. . . . . . 722.20. . . . . . 733.50. . . . . . 712.95. . . . . . 913.05. . . . . . 808.00. . . . . . 484.05. . . . . 60 . . . . . . 722.70
Grasim [2] . . . . . . . . . . . . . . . . . . . . .. . . . . 1376.60. . . . . 1392.20. . . . . 1372.80. . . . . 1406.70. . . . . 1370.60. . . . . 1423.25. . . . . 1472.40. . . . . . 469.30. . . . 106 . . . . . 1392.35
HavellsIndia [1]. . . . . . . . . . . . . . . . .. . . . . . 993.70. . . . . 1023.75. . . . . . 993.50. . . . . 1029.00. . . . . . 980.65. . . . . 1403.99. . . . . 1237.80. . . . . . 447.20. . . . . 70 . . . . . 1023.75
HCL Tech [2] . . . . . . . . . . . . . . . . . . .. . . . . 1009.40. . . . . . 983.40. . . . . 1012.50. . . . . 1020.80. . . . . . 972.20. . . . . 7773.99. . . . . 1073.55. . . . . . 448.00. . . . . 25 . . . . . . 981.85
HDFC [2]. . . . . . . . . . . . . . . . . . . . . . .. . . . . 2419.85. . . . . 2512.95. . . . . 2422.40. . . . . 2523.10. . . . . 2412.25. . . . . 3832.03. . . . . 2895.35. . . . . 1486.45. . . . . 41 . . . . . 2512.25
HDFC AMC [5] . . . . . . . . . . . . . . . . .. . . . . 2844.70. . . . . 2873.00. . . . . 2842.00. . . . . 2890.00. . . . . 2827.00. . . . . . 190.54. . . . . 3358.30. . . . . 2071.00. . . . . 49 . . . . . 2871.65
HDFC Bank [1] . . . . . . . . . . . . . . . . .. . . . . 1367.05. . . . . 1400.35. . . . . 1368.00. . . . . 1406.45. . . . . 1361.00. . . . . 9300.34. . . . . 1650.00. . . . . . 826.00. . . . . 26 . . . . . 1400.30
HDFCLifeIns. . . . . . . . . . . . . . . . . . . .. . . . . . 687.30. . . . . . 706.10. . . . . . 689.15. . . . . . 710.70. . . . . . 685.00. . . . . 4171.98. . . . . . 746.00. . . . . . 451.25. . . . 105 . . . . . . 705.90
HeroMoto [2]. . . . . . . . . . . . . . . . . . .. . . . . 2786.10. . . . . 2865.35. . . . . 2799.00. . . . . 2879.00. . . . . 2773.25. . . . . . 714.92. . . . . 3628.55. . . . . 1753.20. . . . . 21 . . . . . 2864.00
Hind.Znc [2]. . . . . . . . . . . . . . . . . . . .. . . . . . 294.15. . . . . . 291.95. . . . . . 298.35. . . . . . 302.45. . . . . . 291.00. . . . . 1055.17. . . . . . 334.25. . . . . . 162.70. . . . . 18 . . . . . . 292.00
Hindalco [1] . . . . . . . . . . . . . . . . . . . .. . . . . . 336.20. . . . . . 348.70. . . . . . 336.20. . . . . . 350.30. . . . . . 336.20. . . . 12942.07. . . . . . 373.90. . . . . . 102.85. . . . . 92 . . . . . . 348.75
HPCL . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 226.40. . . . . . 231.55. . . . . . 225.60. . . . . . 232.65. . . . . . 225.60. . . . . 7350.01. . . . . . 259.20. . . . . . 163.30. . . . . . 4 . . . . . . 231.65
HUL [1] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 2462.00. . . . . 2454.40. . . . . 2470.00. . . . . 2505.90. . . . . 2448.80. . . . . 1811.78. . . . . 2525.00. . . . . 1902.30. . . . . 76 . . . . . 2455.80
ICICI Bank [2] . . . . . . . . . . . . . . . . . .. . . . . . 538.55. . . . . . 560.60. . . . . . 541.00. . . . . . 563.80. . . . . . 537.85. . . . 25445.90. . . . . . 679.30. . . . . . 285.70. . . . . 30 . . . . . . 560.45
ICICILombGIC . . . . . . . . . . . . . . . . . .. . . . . 1351.05. . . . . 1364.00. . . . . 1365.60. . . . . 1387.90. . . . . 1345.85. . . . . . 748.69. . . . . 1625.00. . . . . 1106.10. . . . . 44 . . . . . 1365.20
IndraprsGas [2]. . . . . . . . . . . . . . . . .. . . . . . 516.65. . . . . . 522.20. . . . . . 514.80. . . . . . 524.25. . . . . . 511.75. . . . . 1287.64. . . . . . 594.85. . . . . . 364.30. . . . . 39 . . . . . . 521.90
IndusInd BK. . . . . . . . . . . . . . . . . . . .. . . . . . 844.40. . . . . . 877.40. . . . . . 850.00. . . . . . 881.00. . . . . . 844.50. . . . . 6778.84. . . . . 1119.20. . . . . . 330.00. . . . . 30 . . . . . . 880.65
INFO EDGE (I). . . . . . . . . . . . . . . . . .. . . . . 4751.10. . . . . 4556.85. . . . . 4780.00. . . . . 4800.00. . . . . 4520.00. . . . . . 594.18. . . . . 5876.05. . . . . 2142.00. . . . 219 . . . . . 4560.40
Infosys [5] . . . . . . . . . . . . . . . . . . . . .. . . . . 1425.75. . . . . 1397.15. . . . . 1433.00. . . . . 1435.25. . . . . 1375.00. . . . 14855.21. . . . . 1480.00. . . . . . 604.00. . . . . 34 . . . . . 1398.60
IntGlobAviat . . . . . . . . . . . . . . . . . . .. . . . . 1593.80. . . . . 1605.75. . . . . 1594.00. . . . . 1639.60. . . . . 1593.80. . . . . 1096.90. . . . . 1822.00. . . . . . 850.30. . . . . . . . . . 1605.70
IOC . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . 87.00. . . . . . . 88.80. . . . . . . 87.20. . . . . . . 89.25. . . . . . . 87.10. . . . 15976.04. . . . . . 105.00. . . . . . . 71.15. . . . . . 4 . . . . . . . 88.80
IPruLifeINS. . . . . . . . . . . . . . . . . . . .. . . . . . 443.70. . . . . . 458.90. . . . . . 444.00. . . . . . 460.65. . . . . . 442.05. . . . . 1962.41. . . . . . 537.90. . . . . . 317.25. . . . . 61 . . . . . . 459.05
ITC [1]. . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 205.30. . . . . . 208.70. . . . . . 207.00. . . . . . 209.70. . . . . . 206.00. . . . 20247.64. . . . . . 239.15. . . . . . 157.10. . . . . 20 . . . . . . 208.70
JSWSteelLtd [1] . . . . . . . . . . . . . . . .. . . . . . 604.15. . . . . . 630.35. . . . . . 607.00. . . . . . 632.80. . . . . . 604.00. . . . 26091.26. . . . . . 638.90. . . . . . 152.75. . . . . 37 . . . . . . 630.40
Kot.Mah.Bk [5] . . . . . . . . . . . . . . . . .. . . . . 1742.50. . . . . 1775.85. . . . . 1745.80. . . . . 1786.05. . . . . 1723.45. . . . . 3118.74. . . . . 2048.95. . . . . 1108.00. . . . . 54 . . . . . 1775.85
L&T [2] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 1345.15. . . . . 1373.70. . . . . 1347.25. . . . . 1382.00. . . . . 1347.25. . . . . 2063.65. . . . . 1593.00. . . . . . 791.55. . . . . 14 . . . . . 1373.50
L&TInfotech [1]. . . . . . . . . . . . . . . . .. . . . . 4257.75. . . . . 4108.25. . . . . 4270.00. . . . . 4323.15. . . . . 4065.00. . . . . . 335.46. . . . . 4499.90. . . . . 1385.05. . . . . 41 . . . . . 4120.80
Lupin [2] . . . . . . . . . . . . . . . . . . . . . . .. . . . . 1045.15. . . . . 1036.00. . . . . 1050.00. . . . . 1058.70. . . . . 1022.10. . . . . 1528.37. . . . . 1121.85. . . . . . 787.60. . . . . 40 . . . . . 1037.15
M&M [5] . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 751.50. . . . . . 811.25. . . . . . 754.00. . . . . . 817.00. . . . . . 750.80. . . . 12501.63. . . . . . 952.15. . . . . . 320.55. . . . 548 . . . . . . 811.65
Marico Ltd [1]. . . . . . . . . . . . . . . . . .. . . . . . 407.40. . . . . . 421.30. . . . . . 407.00. . . . . . 424.00. . . . . . 407.00. . . . . 2833.58. . . . . . 439.00. . . . . . 277.45. . . . . 49 . . . . . . 421.65
Maruti [5]. . . . . . . . . . . . . . . . . . . . . .. . . . . 6520.60. . . . . 6815.80. . . . . 6520.00. . . . . 6845.40. . . . . 6468.80. . . . . . 995.72. . . . . 8400.00. . . . . 4639.75. . . . . 47 . . . . . 6818.45
MothersSum [1] . . . . . . . . . . . . . . . .. . . . . . 200.70. . . . . . 211.60. . . . . . 200.70. . . . . . 212.70. . . . . . 200.70. . . . 19359.30. . . . . . 238.20. . . . . . . 62.10. . . . . 98 . . . . . . 211.50
MuthootFinan . . . . . . . . . . . . . . . . . .. . . . . 1159.95. . . . . 1173.35. . . . . 1185.00. . . . . 1209.00. . . . . 1169.15. . . . . 1146.32. . . . . 1405.00. . . . . . 658.70. . . . . 13 . . . . . 1173.30
NestleIndia. . . . . . . . . . . . . . . . . . . . .. . . . 17501.70. . . . 17168.85. . . . 17587.00. . . . 17599.95. . . . 17040.10. . . . . . 110.53. . . . 18821.45. . . . 15104.25. . . . . 80 . . . . 17162.15
NMDC Ltd [1] . . . . . . . . . . . . . . . . . .. . . . . . 134.25. . . . . . 138.40. . . . . . 135.20. . . . . . 139.00. . . . . . 133.15. . . . . 8403.21. . . . . . 146.25. . . . . . . 69.90. . . . . 11 . . . . . . 138.10
NTPC. . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . 99.05. . . . . . 100.60. . . . . . . 99.60. . . . . . 101.15. . . . . . . 99.25. . . . 19192.86. . . . . . 114.75. . . . . . . 78.10. . . . . . 8 . . . . . . 100.45
ONGC [5] . . . . . . . . . . . . . . . . . . . . . .. . . . . . . 98.05. . . . . . 102.05. . . . . . . 98.05. . . . . . 102.50. . . . . . . 98.05. . . . 25505.62. . . . . . 122.30. . . . . . . 60.90. . . . . 20 . . . . . . 102.05
Oracle Fin [5] . . . . . . . . . . . . . . . . . .. . . . . 3336.85. . . . . 3294.60. . . . . 3380.00. . . . . 3408.55. . . . . 3253.25. . . . . . . 86.79. . . . . 3742.40. . . . . 1967.25. . . . . 16 . . . . . 3298.10
Petronet . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 221.75. . . . . . 224.95. . . . . . 222.15. . . . . . 226.00. . . . . . 220.20. . . . . 3842.27. . . . . . 280.00. . . . . . 203.95. . . . . 13 . . . . . . 224.40
PFC . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 104.75. . . . . . 109.95. . . . . . 106.40. . . . . . 110.30. . . . . . 105.05. . . . . 6332.15. . . . . . 140.50. . . . . . . 74.20. . . . . . 4 . . . . . . 109.95
PGHH . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 13179.70. . . . 13540.70. . . . 13153.75. . . . 13649.25. . . . 13075.00. . . . . . . . 9.21. . . . 13800.00. . . . . 9700.05. . . . . 66 . . . . 13531.80
PidiliteInd [1] . . . . . . . . . . . . . . . . . .. . . . . 1849.30. . . . . 1798.95. . . . . 1850.00. . . . . 1859.45. . . . . 1791.25. . . . . 1091.11. . . . . 1927.95. . . . . 1307.05. . . . . 92 . . . . . 1798.95
PiramalEntp [2]. . . . . . . . . . . . . . . . .. . . . . 1630.10. . . . . 1714.10. . . . . 1632.90. . . . . 1728.00. . . . . 1632.90. . . . . 1364.36. . . . . 2008.20. . . . . . 805.60. . . . . . . . . . 1715.00
PowerGrid . . . . . . . . . . . . . . . . . . . . .. . . . . . 201.15. . . . . . 208.75. . . . . . 205.15. . . . . . 209.40. . . . . . 202.45. . . . 11154.98. . . . . . 239.00. . . . . . 153.30. . . . . . 9 . . . . . . 208.90
Pun.Natl.Bk [2] . . . . . . . . . . . . . . . . .. . . . . . . 33.95. . . . . . . 35.10. . . . . . . 34.00. . . . . . . 35.30. . . . . . . 33.65. . . 147766.54. . . . . . . 46.40. . . . . . . 26.30. . . . . . . . . . . . 35.10
Reliance . . . . . . . . . . . . . . . . . . . . . . .. . . . . 1911.15. . . . . 1931.80. . . . . 1924.00. . . . . 1940.60. . . . . 1917.85. . . . . 8958.26. . . . . 2368.80. . . . . 1131.92. . . . . 48 . . . . . 1931.90
SBI [1] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 328.85. . . . . . 341.00. . . . . . 332.00. . . . . . 342.25. . . . . . 330.50. . . . 49773.36. . . . . . 426.45. . . . . . 149.55. . . . . 21 . . . . . . 340.95
SBICards&Pay. . . . . . . . . . . . . . . . . .. . . . . . 890.45. . . . . . 898.00. . . . . . 897.80. . . . . . 916.90. . . . . . 883.00. . . . . 1682.97. . . . . 1139.00. . . . . . 495.00. . . . . . . . . . . . . . . .
SBILifeInsur . . . . . . . . . . . . . . . . . . . .. . . . . . 872.45. . . . . . 897.80. . . . . . 881.45. . . . . . 900.75. . . . . . 874.75. . . . . 1174.86. . . . . . 983.95. . . . . . 667.20. . . . . 62 . . . . . . 902.80
ShreeCement . . . . . . . . . . . . . . . . . .. . . . 29881.05. . . . 30356.05. . . . 30200.00. . . . 30699.90. . . . 30110.00. . . . . . . 91.67. . . . 32050.00. . . . 16292.00. . . . . 51 . . . . 30366.05
Siemens [2] . . . . . . . . . . . . . . . . . . . .. . . . . 1729.75. . . . . 1769.80. . . . . 1731.00. . . . . 1787.20. . . . . 1721.00. . . . . . 217.53. . . . . 2055.10. . . . . . 990.30. . . . . 80 . . . . . 1768.80
Sun Pharma [1] . . . . . . . . . . . . . . . .. . . . . . 619.35. . . . . . 627.35. . . . . . 624.00. . . . . . 635.55. . . . . . 616.10. . . . . 7399.21. . . . . . 653.70. . . . . . 434.25. . . . . 51 . . . . . . 627.40
Tata Motors [2] . . . . . . . . . . . . . . . .. . . . . . 286.55. . . . . . 302.85. . . . . . 287.25. . . . . . 304.55. . . . . . 280.55. . . 116874.85. . . . . . 357.00. . . . . . . 71.10. . . . . . . . . . . 302.70
Tata Steel . . . . . . . . . . . . . . . . . . . . .. . . . . . 851.55. . . . . . 879.00. . . . . . 862.00. . . . . . 881.60. . . . . . 849.00. . . . 20428.50. . . . . . 953.10. . . . . . 259.25. . . . . 16 . . . . . . 878.95
TataConsumPr . . . . . . . . . . . . . . . . .. . . . . . 655.60. . . . . . 663.95. . . . . . 657.00. . . . . . 677.90. . . . . . 656.00. . . . . 3065.42. . . . . . 685.00. . . . . . 301.10. . . . . . . . . . . . . . . .
TCS [1] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 3246.55. . . . . 3104.05. . . . . 3214.00. . . . . 3214.00. . . . . 3073.05. . . . . 8654.60. . . . . 3358.80. . . . . 1677.60. . . . . 36 . . . . . 3105.00
TechMahindra [5]. . . . . . . . . . . . . . .. . . . . 1039.85. . . . . 1001.85. . . . . 1045.00. . . . . 1050.25. . . . . . 983.00. . . . . 6449.00. . . . . 1081.35. . . . . . 490.10. . . . . 22 . . . . . 1001.30
TitanCompany [1] . . . . . . . . . . . . . .. . . . . 1510.45. . . . . 1530.60. . . . . 1528.60. . . . . 1553.30. . . . . 1516.65. . . . . 1880.58. . . . . 1620.95. . . . . . 809.85. . . . 171 . . . . . 1530.65
TorrentPhar [5]. . . . . . . . . . . . . . . . .. . . . . 2555.80. . . . . 2566.65. . . . . 2583.00. . . . . 2607.05. . . . . 2544.05. . . . . . 309.99. . . . . 3040.00. . . . . 2227.20. . . . . 42 . . . . . 2566.40
UB [1] . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 1084.15. . . . . 1101.00. . . . . 1084.15. . . . . 1110.65. . . . . 1082.00. . . . . . 378.10. . . . . 1328.45. . . . . . 860.05. . . . . . . . . . 1101.45
UltraTech . . . . . . . . . . . . . . . . . . . . . .. . . . . 6509.40. . . . . 6604.45. . . . . 6550.00. . . . . 6656.45. . . . . 6504.60. . . . . . 551.19. . . . . 7050.00. . . . . 3235.00. . . . . 29 . . . . . 6604.80
United Spr [2] . . . . . . . . . . . . . . . . . .. . . . . . 515.65. . . . . . 524.20. . . . . . 520.05. . . . . . 526.00. . . . . . 515.00. . . . . 1136.81. . . . . . 661.50. . . . . . 478.85. . . . 157 . . . . . . 523.40
UPL [2] . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 589.55. . . . . . 604.60. . . . . . 594.00. . . . . . 618.50. . . . . . 589.00. . . . 10046.45. . . . . . 673.85. . . . . . 316.65. . . . 196 . . . . . . 604.45
Wipro [2] . . . . . . . . . . . . . . . . . . . . . .. . . . . . 432.60. . . . . . 418.95. . . . . . 432.00. . . . . . 437.55. . . . . . 412.60. . . . 20420.32. . . . . . 467.20. . . . . . 174.00. . . . . 25 . . . . . . 418.65
BusinessLine is not responsible for the recommendations
sourced from third party brokerages. Reports may be sent
CHOICE BROKINGHDFC Life (Hold)Target: ₹��759CMP: ₹��705.90HDFC Life Insurance is one of India’s leadingprivate life insurers. The company beganoperations in 2000 as a JV between HDFCand Standard Life Aberdeen.As of FY20, it has managed to gain around 17per cent overall market share among privatelife insurers. In Q3FY21, HDFC Life continuedits consistent performance.New business premium (NBP) came in at₹��5,051 crore, up by 19 per cent yoy.However, sequentially it declined by 14 percent led by a reduction in single premiumpolicies. APE remained largely fl��at at ₹��2,160crore. Value of new business grew 4 per centqoq and 27 per cent yoy to reach ₹��570crore, with VNB margin expanding to 26.4per cent.Embedded value (EV) was at ₹��25,050 crorein 9MFY21, recording a growth of 21 per centfrom FY20. Return on embedded value(RoEV) recovered close to the prepandemiclevels to reach 18.3%. Expense ratios sawmarginal expansion as operations returnedto normal after the Covid19 lockdown;operating and commission expense ratiosgrew to 12.1 per cent and 4.3 per cent,respectively.However, they are still below prepandemiclevels of 13.1 per cent and 4.6 per cent.Solvency ratio remains strong at 202 percent and AUM stood at ₹��1,65,600 crore, up30 per cent from March 2020
BROKER’S CALL
EDELWEISS FINANCIALJindal Steel & Power (Buy)Target: ₹��500CMP: ₹��409.50We see Jindal Steel & Power (JSPL) at avantage point due to its: i) fully rampedup operations; ii) continued costeffi��ciencies; and iii) focus on deleveraging.Besides, the company is poised to reapbenefi��ts of the steel upcycle given its focuson valueadded products, which willstrengthen EBITDA/t to ₹��16,500 through toFY22. Factoring our revised steel price estimates,we are raising FY22E EBITDA by 14 per cent.While we expect earnings to plateau, thesubstantial debt reduction that thecompany has achieved from FY19 will drivethe stock’s rerating. Maintain ‘Buy’ withrevised Target Price of ₹��500 (earlier ₹��378).We expect JSPL’s standalone EBITDA/t tosustain at ₹��16,500 for FY22 due to thefocus on valueadded products, volumeuptick and cost effi��ciencies (particularly atthe Angul plant). Besides, current uptick inthe power business is an added positive.We are positive on the deleveraging focusand expect net debt to reduce further ascapex intensity is low. On valuations, thestock is trading below peers and its owntrading average.
OUR BUREAU
New Delhi, April 13
The government has invited bidsto appoint merchant bankers and‘selling brokers’ to divest part of itsstake in two fertiliser companies –National Fertilizers (NFL) andRashtriya Chemicals and Fertilizers (RCFL). According to the proposal fl��oated by the Department ofInvestment and Public Asset Management (DIPAM), the governmentproposes to sell 20 per cent stake inNFL and 10 per cent in RCF.
Shares of RCF closed 3.4 per centup at ₹��74.25 on the BSE while NFLshares closed 2.25 per cent higherat ₹��54.45.
NFL stake saleThe central government holds a
74.71 per cent stake in NFL. Disinvestment of 20 per cent stake willtake place through the Off��erforSale (OFS) method. The government is also considering allottingshares to eligible and willing employees of NFL at a discount on theissue/discovered price (lowest cutoff�� price).
NFL has an authorised capital of₹��1,000 crore, and a paidup capitalof ₹��490.58 crore.
The company has fi��ve gasbasedammoniaurea plants with a totalannual installed capacity of 35.68
LMT. NFL is the secondlargest producer of urea with a share of about15 per cent of total production inthe country.
RCF’s disinvestmentThe government has a little over 75per cent stake in the company.Around, 10 per cent of this holdingwill be offl�oaded through OFS.Here too, employees will be off��eredshares at a discounted price.
The authorised share capital ofthe company is ₹��800 crore, andthe paidup equity capital is
₹��551.69 crore as on March 31, 2020.The company earned a net profi��t of₹��208.15 crore during FY201920. Ithas a net worth of ₹��3,186.27 crore.
Production capacityThe company has two operatingunits, one at Trombay in Mumbaiand the other at Thal, Raigad district, about 100 km from Mumbai.It manufactures urea, complex fertilisers, biofertilisers, micronutrients, 100 per cent water soluble fertilisers, soil conditioners and awide range of industrial chemicals. The fi��rm produces around 25Lakh MT Urea, 4.75 LMT complexfertilisers and 4.5 LMT of industrialchemicals every year.
Besides fertiliser products, RCFalso produces a large number of industrial chemicals that are important for manufacturing dyes,solvents, leather, pharmaceuticalsand a host of other industrialproducts.
To sell 20% in NFL,
10% in RCF through
offer-for-sale route
Government invites merchant bankers todivest stake in NFL, Rashtriya Chemicals
OUR BUREAU
Mumbai, April 13
The equity market reboundedsharply on Tuesday to pare lossesfrom the previous session, withthe benchmark indices endingwith over 1 per cent gains, led byauto and fi��nancial stocks.
After trading marginally higherin the fi��rst half, the market gainedmomentum in the later part withrecovery in auto, banking and fi��nancial stocks. The Centre’s decision to fasttrack emergency approvals for foreignproducedCovid19 vaccines positively impacted the market sentiment. Besides, Skymet’s prediction of anormal weather for the currentyear also boosted the sentiment.
Breadth turns positiveThe BSE Sensex closed up 660.68points or 1.38 per cent at 48,544.06,
which was near the day’s high of48,627.43 . It hit an intraday low of47,775.32 in the morning session.The Nifty 50, also closed above the14,500mark at 14,504.80, up 194points or 1.36 per cent. It hit an intraday high of 14,528.90 and an intraday low of 14,274.90.
The breadth of the market remained positive as 1936 stocks advanced on the BSE, as against 928that saw a decline; 182 stocks remained unchanged. As many as225 securities hit the upper circuitas compared to 204 that hit thelower circuit. The number ofscrips that hit 52week highs was110 as against 34 that hit 52weeklows.
IT, pharma under pressureBinod Modi, Head Strategy at Reliance Securities said, “Domesticequities witnessed brisk reboundtowards the second half of sessions after investors took comfortfrom the announcement that thegovernment is fasttracking approvals for overseas Covid19 vac
cines to improve the supply ofjabs and speedup the vaccinationprocess.”
The rally was led by auto stocksthat rebounded sharply, endingthe twoday losing run. Financialstocks also gained momentum inthe second half while IT andPharma remained under pressuredue to profi��tbooking.
Mahindra & Mahindra, Tata Motors, Bajaj Finserv, Bajaj Financeand Maruti were among the topgainers on the Nifty 50 while DrReddy, TCS, Tech Mahindra, Wiproand HCL Tech were the top laggards.
On the sectoral front, all indicesexcept Nifty IT and Nifty Pharmaended in the green. Nifty IT wasdown 3.28 per cent while NiftyPharma slipped 1.19 per cent.Meanwhile, Nifty Auto ended 4.28per cent higher. The Nifty PSUBank, which crashed over 9 percent on Monday, rebounded 4.49per cent. The Nifty Bank was up3.18 per cent while Nifty FinancialServices was up 3.39 per cent.
Sensex up 660 points,
Nifty 50 closes
above 14,500
Auto, financial stocks lead market recovery
Nifty 50 Movers G 194.00 pts.Close(₹��) Pts PE Wt(%)
HDFC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2512.95. . . . . . . . 38.78. . . . . . . . . 23.62 . . . . . . . . 7.22ICICI Bank . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 560.60. . . . . . . . 35.26. . . . . . . . . 23.29 . . . . . . . . 6.18HDFC Bank . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1400.35. . . . . . . . 33.54. . . . . . . . . 25.14 . . . . . . . . 9.72Reliance Ind. . . . . . . . . . . . . . . . . . . . . . . . .. . 1931.80. . . . . . . . 15.44. . . . . . . . . 27.04 . . . . . . . . 9.96Axis Bank. . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 661.00. . . . . . . . 14.75. . . . . . . . . 66.57 . . . . . . . . 2.65Bajaj Finance . . . . . . . . . . . . . . . . . . . . . . .. . 4728.75. . . . . . . . 13.35. . . . . . . . . 70.86 . . . . . . . . 2.00M&M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 811.25. . . . . . . . 13.23. . . . . . . . . . . 0.00 . . . . . . . . 1.24Kotak Bank . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1775.85. . . . . . . . 11.31. . . . . . . . . 37.81 . . . . . . . . 4.15State Bank . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 341.00. . . . . . . . 10.78. . . . . . . . . 12.34 . . . . . . . . 2.09Maurti Suzuki . . . . . . . . . . . . . . . . . . . . . .. . 6815.80. . . . . . . . . . 9.07. . . . . . . . . 46.06 . . . . . . . . 1.44Bajaj Finserv . . . . . . . . . . . . . . . . . . . . . . . .. . 9806.70. . . . . . . . . . 9.00. . . . . . . . . 25.32 . . . . . . . . 0.95L&T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1373.70. . . . . . . . . . 7.97. . . . . . . . . 44.94 . . . . . . . . 2.65Bharti Airtel. . . . . . . . . . . . . . . . . . . . . . . . .. . . . 536.15. . . . . . . . . . 7.66. . . . . . . . . . . 0.00 . . . . . . . . 2.07ITC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 208.70. . . . . . . . . . 6.87. . . . . . . . . 19.04 . . . . . . . . 2.91Tata Motors . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 302.85. . . . . . . . . . 6.76. . . . . . . . . . . 0.00 . . . . . . . . 0.87JSW Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 630.35. . . . . . . . . . 5.86. . . . . . . . . 39.37 . . . . . . . . 0.97Tata Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 879.00. . . . . . . . . . 4.79. . . . . . . . . . . 0.00 . . . . . . . . 1.06PowerGrid Corp . . . . . . . . . . . . . . . . . . .. . . . 208.75. . . . . . . . . . 4.51. . . . . . . . . . . 9.24 . . . . . . . . 0.85IndusInd Bank . . . . . . . . . . . . . . . . . . . . .. . . . 877.40. . . . . . . . . . 4.31. . . . . . . . . 29.25 . . . . . . . . 0.79Hindalco . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 348.70. . . . . . . . . . 4.22. . . . . . . . . 20.06 . . . . . . . . 0.81HDFC Life . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 706.10. . . . . . . . . . 3.60. . . . . . . 105.43 . . . . . . . . 0.93ONGC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 102.05. . . . . . . . . . 3.37. . . . . . . . . 31.48 . . . . . . . . 0.59UltraTech Cement. . . . . . . . . . . . . . . .. . 6604.45. . . . . . . . . . 2.54. . . . . . . . . 29.24 . . . . . . . . 1.22Hero MotoCorp. . . . . . . . . . . . . . . . . . . .. . 2865.35. . . . . . . . . . 2.38. . . . . . . . . 21.48 . . . . . . . . 0.59SBI Life . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 897.80. . . . . . . . . . 2.29. . . . . . . . . 61.75 . . . . . . . . 0.56Eicher Motors . . . . . . . . . . . . . . . . . . . . . .. . 2493.85. . . . . . . . . . 2.15. . . . . . . . . 60.59 . . . . . . . . 0.55Sun Pharma . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 627.35. . . . . . . . . . 2.00. . . . . . . . . 78.29 . . . . . . . . 1.08Titan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1530.60. . . . . . . . . . 1.94. . . . . . . 181.40 . . . . . . . . 1.02UPL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 604.60. . . . . . . . . . 1.91. . . . . . . . . 15.83 . . . . . . . . 0.53Bajaj Auto . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 3602.45. . . . . . . . . . 1.85. . . . . . . . . 22.37 . . . . . . . . 0.75NTPC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 100.60. . . . . . . . . . 1.70. . . . . . . . . . . 8.24 . . . . . . . . 0.76Coal India . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 127.95. . . . . . . . . . 1.57. . . . . . . . . . . 6.19 . . . . . . . . 0.43Shree Cement. . . . . . . . . . . . . . . . . . . . . .30356.05. . . . . . . . . . 1.47. . . . . . . . . 54.05 . . . . . . . . 0.65Grasim Ind . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1392.20. . . . . . . . . . 1.38. . . . . . . . . 14.69 . . . . . . . . 0.85BPCL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 409.40. . . . . . . . . . 1.18. . . . . . . . . 18.28 . . . . . . . . 0.61TataConsumerProducts Ltd.. . . . 663.95. . . . . . . . . . 1.16. . . . . . . . . 83.40 . . . . . . . . 0.63Indian OilCorp . . . . . . . . . . . . . . . . . . . . .. . . . . 88.80. . . . . . . . . . 1.06. . . . . . . . . 20.63 . . . . . . . . 0.36Hind Unilever. . . . . . . . . . . . . . . . . . . . . . .. . 2454.40. . . . . . . . 1.57. . . . . . . . . 78.68 . . . . . . . . 3.49Divis Lab . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 3718.45. . . . . . . . 1.80. . . . . . . . . 52.77 . . . . . . . . 0.76Britannia Ind. . . . . . . . . . . . . . . . . . . . . . . .. . 3746.00. . . . . . . . 1.82. . . . . . . . . 48.44 . . . . . . . . 0.70Cipla . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 885.20. . . . . . . . 2.02. . . . . . . . . 32.22 . . . . . . . . 0.72Adani Ports . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 731.05. . . . . . . . 2.30. . . . . . . . . 36.51 . . . . . . . . 0.85Nestle India Ltd. . . . . . . . . . . . . . . . . . .17168.85. . . . . . . . 2.75. . . . . . . . . 79.49 . . . . . . . . 0.98Asian Paints. . . . . . . . . . . . . . . . . . . . . . . . .. . 2570.70. . . . . . . . 3.28. . . . . . . . . 87.53 . . . . . . . . 1.85Wipro . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 418.95. . . . . . . . 4.67. . . . . . . . . 22.42 . . . . . . . . 0.99Tech Mahindra. . . . . . . . . . . . . . . . . . . . .. . 1001.85. . . . . . . . 5.45. . . . . . . . . 24.04 . . . . . . . . 0.99Dr Reddys Lab . . . . . . . . . . . . . . . . . . . . .. . 4777.30. . . . . . . . 6.17. . . . . . . . . 36.52 . . . . . . . . 0.92HCL Tech . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 983.40. . . . . . . . 6.53. . . . . . . . . 20.17 . . . . . . . . 1.70Infosys . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1397.15. . . . . . 24.51. . . . . . . . . 31.86 . . . . . . . . 8.26TCS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 3104.05. . . . . . 34.13. . . . . . . . . 35.26 . . . . . . . . 5.13
Pts: Impact on index movement
Nifty Next 50 Movers G 349.55 pts.Close(₹��) Pts PE Wt(%)
Motherson . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 211.60. . . . . . . . 44.59. . . . . . . 145.34 . . . . . . . . 2.54Gail (India) . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 138.90. . . . . . . . 37.82. . . . . . . . . . . 7.44 . . . . . . . . 2.51Piramal Ent. . . . . . . . . . . . . . . . . . . . . . . . . .. . 1714.10. . . . . . . . 34.23. . . . . . . . . . . 0.00 . . . . . . . . 2.05Adani Green Energy . . . . . . . . . . . .. . 1116.05. . . . . . . . 33.06. . . . . 1280.36 . . . . . . . . 3.56Adani Enter. . . . . . . . . . . . . . . . . . . . . . . . . .. . 1106.35. . . . . . . . 29.94. . . . . . . 150.19 . . . . . . . . 3.04Vedanta . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 218.45. . . . . . . . 29.94. . . . . . . . . . . 0.00 . . . . . . . . 3.66Havells. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1023.75. . . . . . . . 25.65. . . . . . . . . 69.80 . . . . . . . . 2.57Marico . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 421.30. . . . . . . . 24.47. . . . . . . . . 46.42 . . . . . . . . 2.18Mrf . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .82671.60. . . . . . . . 24.40. . . . . . . . . 21.59 . . . . . . . . 1.72IPrulife . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 458.90. . . . . . . . 20.09. . . . . . . . . 61.45 . . . . . . . . 1.78Dlf. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 255.70. . . . . . . . 19.20. . . . . . . . . . . 0.00 . . . . . . . . 1.58Nmdc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 138.40. . . . . . . . 13.27. . . . . . . . . 10.79 . . . . . . . . 1.30Hpcl . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 231.55. . . . . . . . 12.37. . . . . . . . . . . 4.49 . . . . . . . . 1.63Siemens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1769.80. . . . . . . . 12.15. . . . . . . . . 81.09 . . . . . . . . 1.58Dabur India. . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 560.25. . . . . . . . 10.60. . . . . . . . . 61.92 . . . . . . . . 3.17Godrej Consumer . . . . . . . . . . . . . . . .. . . . 723.50. . . . . . . . 10.45. . . . . . . . . 46.68 . . . . . . . . 2.74Bandhan Bank . . . . . . . . . . . . . . . . . . . . .. . . . 331.90. . . . . . . . 10.03. . . . . . . . . 20.41 . . . . . . . . 2.25Icici Lombard Gic . . . . . . . . . . . . . . . . .. . 1364.00. . . . . . . . . . 9.63. . . . . . . . . 44.00 . . . . . . . . 2.98Proc & Gam . . . . . . . . . . . . . . . . . . . . . . . . .13540.70. . . . . . . . . . 9.45. . . . . . . . . 66.12 . . . . . . . . 1.04Punjab Natl Bank . . . . . . . . . . . . . . . . .. . . . . 35.10. . . . . . . . . . 9.45. . . . . . . . . 31.03 . . . . . . . . 0.85Yes Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 14.70. . . . . . . . . . 8.89. . . . . . . . . . . 0.00 . . . . . . . . 1.53Jubilant Foodworks . . . . . . . . . . . . .. . 2762.65. . . . . . . . . . 8.68. . . . . . . 231.12 . . . . . . . . 2.12United Spirits . . . . . . . . . . . . . . . . . . . . . .. . . . 524.20. . . . . . . . . . 8.68. . . . . . . 183.04 . . . . . . . . 1.56Petronet Lng. . . . . . . . . . . . . . . . . . . . . . . .. . . . 224.95. . . . . . . . . . 8.18. . . . . . . . . 12.62 . . . . . . . . 1.69Avenuesuper . . . . . . . . . . . . . . . . . . . . . . .. . 2832.70. . . . . . . . . . 7.38. . . . . . . 191.77 . . . . . . . . 3.45Bajaj Holdings . . . . . . . . . . . . . . . . . . . . .. . 3331.00. . . . . . . . . . 7.11. . . . . . . . . 11.89 . . . . . . . . 1.36Indraprastha Gas . . . . . . . . . . . . . . . .. . . . 522.20. . . . . . . . . . 6.62. . . . . . . . . 33.59 . . . . . . . . 1.83United Breweries . . . . . . . . . . . . . . . . .. . 1101.00. . . . . . . . . . 6.38. . . . . . . 500.88 . . . . . . . . 1.22Bosch . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13887.95. . . . . . . . . . 6.01. . . . . . . 513.68 . . . . . . . . 1.19Indus Towers .. . . . . . . . . . . . . . . . . . . . . .. . . . 245.05. . . . . . . . . . 5.93. . . . . . . . . 21.55 . . . . . . . . 1.98Hdfc Asset Mgmt Cmp .. . . . . . .. . 2873.00. . . . . . . . . . 5.14. . . . . . . . . 48.57 . . . . . . . . 1.53Muthoot Finance . . . . . . . . . . . . . . . .. . 1173.35. . . . . . . . . . 4.95. . . . . . . . . 12.96 . . . . . . . . 1.27Biocon . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 406.95. . . . . . . . . . 4.01. . . . . . . . . 68.33 . . . . . . . . 1.81Intglobeavi . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1605.75. . . . . . . . . . 3.92. . . . . . . . . . . 0.00 . . . . . . . . 1.55Sbi Cards And Pay Srv . . . . . . . .. . . . 898.00. . . . . . . . . . 2.96. . . . . . . . . 94.62 . . . . . . . . 1.03Torrent Pharma . . . . . . . . . . . . . . . . . . .. . 2566.65. . . . . . . . . . 1.82. . . . . . . . . 34.97 . . . . . . . . 1.26Alkem Laboratories . . . . . . . . . . . .. . 2751.75. . . . . . . . . . 0.88. . . . . . . . . 21.09 . . . . . . . . 1.15Acc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1882.15. . . . . . . . 1.02. . . . . . . . . 24.71 . . . . . . . . 1.59Abbott India .. . . . . . . . . . . . . . . . . . . . . . .14959.90. . . . . . . . 1.33. . . . . . . . . 48.97 . . . . . . . . 0.65Berger Paints India . . . . . . . . . . . . .. . . . 725.20. . . . . . . . 2.48. . . . . . . 114.66 . . . . . . . . 1.76Ambuja Cements . . . . . . . . . . . . . . . . .. . . . 302.30. . . . . . . . 5.01. . . . . . . . . 19.32 . . . . . . . . 2.22Aurobindo Pharma . . . . . . . . . . . . . .. . . . 909.25. . . . . . . . 5.70. . . . . . . . . . . 9.90 . . . . . . . . 2.56Lupin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1036.00. . . . . . . . 7.50. . . . . . . . . 40.70 . . . . . . . . 2.49Apollo Hosp . . . . . . . . . . . . . . . . . . . . . . . . .. . 2980.75. . . . . . . . 8.23. . . . . . . 242.82 . . . . . . . . 3.00Cadila Health. . . . . . . . . . . . . . . . . . . . . . .. . . . 489.95. . . . . . . . 8.51. . . . . . . . . 26.92 . . . . . . . . 1.25Colgate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1539.65. . . . . . . . 8.88. . . . . . . . . 45.28 . . . . . . . . 2.05Adani Transmission .. . . . . . . . . . . .. . . . 899.25. . . . . . 19.62. . . . . . . . . 90.57 . . . . . . . . 2.02Larsen & Toubro Info . . . . . . . . . .. . 4108.25. . . . . . 23.15. . . . . . . . . 39.43 . . . . . . . . 1.87Pidilitind . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1798.95. . . . . . 26.16. . . . . . . . . 93.74 . . . . . . . . 2.74Info Edge (India) .. . . . . . . . . . . . . . . .. . 4556.85. . . . . . 51.16. . . . . . . . . 48.11 . . . . . . . . 3.52
Pts: Impact on index movement
AGENCE FRANCE PRESSE
London, April 13
Bitcoin hit a record high onTuesday having surpassed the$62,000mark as the cryptocurrency exchange Coinbaseprepares to launch shares onWall Street.
Bitcoin traded at $62,377, registering a huge gain of 114percent since the start of theyear.
After crashing in 2018, thevalue of bitcoin reboundedand it has set records sincelate last year rocketing fromaround $12,000 in October tomore than $60,000 a monthago.
Most anticipated arrivalThe arrival Wednesday ofcryptocurrency exchangeCoinbase on the Nasdaq is oneof Wall Street's most anticipated events of the year eventhough some question
whether the cryptocurrencymarket is sustainable.
Estimates of Coinbase'svalue vary depending on howit is calculated, but its capitalisation is expected to rangefrom $70 to $100 billion. Thatwould make it the largest initial public off��ering (IPO) for aUS company since Facebook in2012.
Founded in 2012, the platform allows users to buy andsell about 50 cryptocurrencies. The cryptocurrency market has grown exponentially
in 2021 and is now worth astaggering $2.0 trillion as it increasingly attracts interestfrom big names on WallStreet.
Increasing acceptanceWhile anybody can "mine" fornew bitcoins, to do so requiresgiant data centres, which hasled to platforms such as Coinbase providing a way of trading in cryptocurrencies.
Banks and payment servicessuch as Paypal allow transactions in certain digital currencies. Electric car giant Teslahas invested $1.5 billion in bitcoin and in March, began accepting the currency aspayment.
Tesla's multibillionairechief executive Elon Musk hasalso used social media to espouse the merits of cryptocurrencies, helping lift interestand prices.
Bitcoin at record high, breaches $62k-mark
PRESS TRUST OF INDIA
New Delhi, April 13
The National Stock Exchange(NSE) on Monday said it haslaunched a cloudbased research facility – NSE Data Room(NDR) – to encourage researchbased on Indian capital markets. It will facilitate researchers to access and analyse historical orders and trades data.
Such a facility will not only allow the usageof data available withinNSE but in turnwill alsoprovide an enabling platform thatpaves the wayfor a widergamut of research opportunities, the exchange said in astatement.
Accessing NDRThe NDR is a cloudbased datarepository system with basicanalytical tools and a softwareenvironment that can be accessed from any part of thecountry.
In order to access the NDR for
research objectives, the exchange said interested researchers need to send researchproposals to NSE’s EconomicPolicy and Research (EPR) department. The review processfor submitted proposals wouldinclude approval from an independent, external committeeof referees, consisting of eminent academics in the fi��eld.
Following this, they would beeligible for anNSE ResearchGrant (NRG) inthe form of atimebound access to the NDRto pursue theirresearch interests. Such agrant will notinvolve anyother consider
ation, monetary or otherwise.The NSE said it has under
taken several initiatives overthe years to encourage researchin the fi��eld of fi��nance and corporate governance. The NDRplatform is expected to facilitate these initiatives further andsupport policy formulationthrough seamless access tomarket microstructure data.
NSE launches cloud-basedresearch facility NSE Data Room
PRESS TRUST OF INDIA
New Delhi, April 13
Fundraising through issuance of debentures dropped29 per cent to ₹��10,587 crorein fi��scal year 2021 due to decline in credit ratings and escalated risk of default onCovid19 induced disruptions in capital intensivebusinesses.
Going forward, experts say,the ongoing fi��nancial year(202122) will see some attractive numbers in nonconvertible debenture (NCD)fundraising.
More issuances"We should see money mobilisation through the NCDroute to the tune of 201819levels in FY22 as many companies are entering capexcycle and the GDP is projected to grow in double digits,"Divam Sharma, cofounder atGreen Portfolio, said.
In addition, the success ofthe recent Muthoot FinanceNCD off��ering has furtheropened the doors for manycompanies including NBFCsand real estate sector tolaunch NCD off��erings, he added. He further said companies like DLF, Piramal, Edelweiss, IIFL are alreadyconsidering NCD issuances.
“With the governmentborrowing programme at anoverdrive, this fi��scal yearmight throw some unpleasant surprises to NCDs. Theywill face stiff�� competitionfrom their higher rated andsovereign rated peers tocorner investor money,”Deepak Singh, Chief Business Offi��cer at Reliance Securities, said. NCDs are loanlinked bonds that cannot beconverted into stocks andusually off��er higher interestrates than convertibledebentures.
Fund-raising via NCDs drops 29%in FY21 as credit ratings decline
OUR BUREAU
Mumbai, April 13
Aarti Industries’ and Valiant Organics’ promoters Gogri familyhas bought nearly three per centstake in Mitsu Chem Plast duringthe last quarter.
According to a BSE fi��ling, JayaChandrakant Gogri, wife ofChandrakant Gogri and also oneof the promoters of Aarti Industries, has acquired a 2.91 per centstake in the fi��rm, which comprises about 3,51,200 shares. Thestock was trading between ₹��100and ₹��120 in the last quarter,which indicates that the size ofinvestment could be about ₹��4crore.
Promoters hike stakeDuring the last quarter, MitsuChem Plast promoters have also
bought close to 4.72 per centstake in the company from theopen market, taking the promoters’ holding to 71.03 per cent.While 17 high net worth individuals hold 15.08 per cent stake,small retail investors own just3.39 per cent in the fi��rm.
Mitsu Chem Plast is a leadingblowmoulding and injectionmoulding company specialisingin niche products. The company’s revenues, EBIDTA and netprofi��ts have almost doubledbetween FY16 and FY20. Shares ofthe fi��rm were marginally up at₹��117.55 on the BSE on Tuesday.
Gogri family acquires 3%stake in Mitsu Chem PlastOriginal promoterstoo hiked stake by4.72% in last quarter
................BM-BMECMYK
MUMBAI
BusinessLineWEDNESDAY • APRIL 14 • 2021 7NEWS
MAMUNI DAS
New Delhi, April 13
In the backdrop of the surge inCovid19 infections, the IndianRailways is adding more trainsto meet growing demand fromselect centres, but has refrainedfrom limiting the number oftravellers on a train.
Last year, the Railways hadlimited seat capacity to ensuresocial distancing on Shramikspecial trains when it resumedservices in the initial days of thepandemic. Railways’ stance isthat it is constantly evaluatingthe situation, while runningmore trains to accommodatepassengers to meet higherdemand.
Pointing out that the usualsummer rush used to be muchhigher, an offi��cial said that thenumber of summer specialtrains being run this year ismuch lower than the pre
Covid19 times. “Also, whilethere is high demand on selectroutes where trains are beingrun, they are operating belowcapacity on a majority ofroutes,” added the offi��cial.
Limiting commutersMeanwhile, Delhi has limitedthe number of passengers thatcan travel in buses and Metroby half, amid rising Covid19cases.
Mumbai has also put limitson those who can travel, andhas limited the number ofpeople in a cab.
High demand for routes “More services are beingplanned as per proposals received from zonal railways. Toclear extra rush between majormetropolitan areas in Maharashtra, Gujarat, Delhi, UttarPradesh, Bihar, West Bengal andAssam, additional summer special trains over and above theregular Mail Express specialsare being run starting fromApril 7, 2021.
“At present 262 trips of 70 notifi��ed train services have beenplanned by Railways up toMay,” shared a Ministry offi��cial.
Several railway offi��cials saidthat they had not anticipatedanything like this – pretty muchlike the airlines sector. IndianRailways, which had halted passenger trains last year, prompted by the lockdown, has beenrunning more trains to resumenormalcy in coordination with
State governments. As on April10, Indian Railways was operating an average of 7,620 servicesdaily including 1,409 Mail/ Express trains, (including 28clone trains which are separatetrains run on high demandroutes, apart from 830 passenger trains and 5,381 suburbantrains.
In PreCovid19 times, 11,283passenger train services wererunning daily including 1,768
Mail/ Express trains, 3,634 passenger trains, and 5,881 suburban trains.
About 30 per cent of thesetrains (2,287 services) were added in the last three months.
“From January to April 2021,447 mail or express trains, 669passenger trains and 1,171 suburban trains were operated,”according to offi��cial data.
Last year, the Railways hadstopped providing bed rolls,linen and cooked meals ontrains to minimise the possibility of the spread of virus. Thisprecaution will continue, added the offi��cial.
Staff safetyAlso, the Railway staff�� are beingvaccinated. Almost all thehealth workers and more than90 per cent of the railway policeforce have already received atleast one dose. Several railwayoffi��cials have been detectedwith Covid19, prompting attendance relaxations and closure of some project fi��eldoffi��ces.
Says traffic on
majority of routes
is below capacity
As on April 10, Indian Railways was operating an average of 7,620
services daily, including 1,409 Mail/ Express trains and 28 clone
trains which are separate trains run on high demand routes PTI
Railways to run more trains on select routesWITH COVID ON THE RISE
OUR BUREAU
New Delhi, April 13
The National Highways Authority of India (NHAI) willdeploy Network SurveyVehicle (NSV) to regularly assess and improve the qualityof the national highways.
Carrying out a road condition survey using NSV on thenational highways has beenmade mandatory at the timeof certifying the completionof a project and every sixmonths thereafter.
Survey techniques“The provision has also beenincluded as a part of the
standard bidding documentof consultancy services,”said a release.
The deployment will helpin enhancing the overallquality of the highways asNSV uses the latest surveytechniques such as a highresolution digital camerafor good quality imagery, record images/videos at regular intervals, laser roadprofi��lometer and other related technology for themeasurement of distresseson the road surface, itadded.
NSV will also help to collate data to analyse the roadcondition including measurement of the road surface,surface cracking, potholesand patches. “Apart fromthis, NSV will provide datainsights relating to side
drains, road furniture,” itsaid.
The data collectedthrough the NSV surveyshall be uploaded on theNHAI’s AIbased portal ‘DataLake’, where it will be analysed by the Road Asset Management Cell (RAMS Cell) toassess the condition of theroad for maintenance.
The data will help inmaintaining an up to date
inventory on road conditions. Apart from deliveringvital information on roadnetwork planning andproviding relevant information on other aspects suchas the development of roadsafety measures, etc, it willalso assist in developinghighway maintenancestrategies.
The data collectedthrough NSV surveys willhighlight defi��ciencies inroad conditions, promptingBuild Operate Transfer operators or NHAI offi��cials totake corrective steps tobring the road condition tothe desired level.
This will further result inbetter upkeep of nationalhighways, leading to morecomfort and better travel experience for citizens.
NHAI to use survey vehicle to track road quality
The data will be uploaded on the
NHAI’s AI portal, ‘Data Lake’
Will use AI tech
to monitor roads,
collect data
PRESS TRUST OF INDIA
New Delhi, April 13
The Supreme Court on Tuesdaydirected all States to inform itabout the number of migrantchildren and their condition ona plea seeking directions for theprotection of their fundamentalrights amidst the Covid19 pandemic. A bench comprisingChief Justice SA Bobde, andJustices AS Bopanna and VRamasubramanian also askedthe States impleaded in the caseto fi��le replies.
Senior advocate Jayna Kothariappeared for the petitioners. Thetop court had impleaded all theStates on March 8 and issued notice on the plea fi��led by the ChildRights Trust and a Bengaluru resident seeking directions for theprotection of the migrant children.
The plea stated that due to theseverity of the impact of the pandemic crisis, the government announced a nationwide
lockdown and during thisperiod, migrant children wereaff��ected the most.
“Although there has beenmarked eff��orts by the respondents to provide migrant workerswith welfare measures, no report emanated from the Centralor the State governments – detailing relief measures extendedto women and children who arestranded or in relief camps andquarantine centres at source districts.
“The unprecedented lock
down, ensuing migrant crisisand the subsequent eff��ect of thesame on migrant children andtheir fundamental and humanrights is conspicuous and an ongoing crises,” the plea said.
‘More vulnerable’Migrants’ children are the mostvulnerable and spend their livesin makeshift, unfriendly, unhygienic and testing conditions.
“The pandemic has aggravated their vulnerabilities. Migrant children will be deniedtheir fundamental rights to education, health and nutrition ifthe matter is not heard and appropriate orders passed by thisCourt,” the plea said.
The petitioner sought directions to map, enumerate and register the number of infants andchildren of migrant families atvarious work sites and centres ofconcentration of migrant families with the help of local authorities and frontline workers.
SC directs States to share data on status ofmigrant children in backdrop of pandemic
During nationwide lockdown,
migrant children were the
most affected
OUR BUREAU
New Delhi, April 13
The Department of Biotechnology (DBT) under the Ministryof Science & Technology has approved additional funding forclinical studies of the indigenous mRNAbased Covid19 vaccine — HGCO19 — developed bythe Punebased biotechnologycompany Gennova Biopharmaceuticals Ltd.
“This funding has been awarded under the ‘Mission CovidSuraksha – The Indian Covid19Vaccine Development Mission’by DBT’s dedicated Mission Implementation Unit at Biotechnology Research AssistanceCouncil (BIRAC) after multiplerounds of evaluation of all theapplications that were submitted in response to the ‘Requestfor Expression of Interest’,” anoffi��cial release said.
Initial fundingDBT facilitated the establishment of Gennova’s mRNAbased nextgeneration vaccinemanufacturing platform byproviding seed funding for the
development of HGCO19. Gennova, in collaboration withHDT Biotech Corporation, USA,has developed the vaccine.
Renu Swarup, Secretary, DBT,and Chairperson, BIRAC, said,“At the onset of Covid19, DBTbacked many vaccine development programmes, includingthe mRNAbased Covid19 vaccine. A year back, this was a newtechnology and never used forvaccine manufacturing in India. However, believing in thepotential of this technology,DBT provided seed funding toGennova to develop this technology platform.” She also saidthat DBT is committed to fostering technological innovation
in biotechnology in India. CEOof Gennova Biopharmaceuticals Ltd, Sanjay Singh, said, “Weconducted all required safetyassessments of the HGCO19 asper norms and regulations before the start of the human clinical trial designed to establishits safety and effi��cacy. Today,the problem of the SARSCoV2illness and the associated appearance of new variants madethis disease a moving target.We believe the mRNAbasedcuttingedge technology willplay an important role inevolving eff��ective solutions.”
Vaccine safetyGennova has initiated the process to enrol healthy volunteers for the Phase I/II clinicaltrials, the release added.HGCO19 has already demonstrated safety, immunogenicity, neutralisation antibodyactivity in the rodent and nonhuman primate models. Theneutralising antibody response was comparable withthe sera from the convalescentpatients of Covid19.
Gennova bags DBT funding for clinicaltrials of mRNA-based Covid vaccine
The firm has initiated the
process to enrol healthy
volunteers for the clinical trials
A second wave of isolation?
A Covid-19 patient looks at his family members through a glass barrier at Shehnai
Banquet Hall, which has temporarily been converted into an isolation ward, near Low
Nayak Jai Prakash Hospital in New Delhi, on Tuesday PTI
PRESS TRUST OF INDIA
New Delhi, April 13
The new privacy policy of WhatsApp would lead to excessive datacollection and “stalking” of consumers for targeted advertisingto bring in more users and is,therefore, alleged abuse of dominant position, the CompetitionCommission of India (CCI) toldthe Delhi High Court on Tuesday.
The submission was made before Justice Navin Chawla bysenior advocate Aman Lekhi onbehalf of the competition regulator in defence of its order directing an investigation into thenew privacy policy of WhatsApp.
‘Incomp etent, misconceived’The CCI was looking into thecompetition aspect and not thealleged violation of individuals’privacy which was being lookedinto by the Supreme Court,Lekhi said. “There is no question
of jurisdictional error,” he said,adding that WhatsApp and Facebook’s pleas challenging theCCI’s decision were “incompetent and misconceived”.
WhatsApp and Facebook, represented by senior advocatesHarish Salve and Mukul Rohatgi,have challenged the CCI’s March24 order directing a probe intothe new privacy policy.
The High court, which reserved its order in the matter,was told by Lekhi that whetherthe data collection by WhatsAppand sharing it with Facebookwould amount to an anticompetitive practice or abuse ofdominant position can be de
termined only after theinvestigation.
Data collection methodHe argued that the data collected, which would include an individual’s location, the kind ofdevice used, their internet service provider and whom they areconversing with, would lead tothe creation of a customer profi��le and preference which wouldbe monetised by way of targetedadvertising and all this amountsto “stalking”. He also said thatthe investigation ordered wasonly an administrative proceeding that did not have any civilconsequence at this stage.
The two social media platforms have contended thatwhen the top court and theDelhi High Court were lookinginto the privacy policy, then CCIought not to have “jumped thegun” and intervened in the issue. They contended that CCI’sdecision was an abuse of thecommission’s suo motujurisdiction.
Concern over competition, not privacybehind WhatsApp probe: CCI tells HCSays no question of
jurisdictional error
OUR BUREAU
New Delhi, April 13
The Election Commissionhas banned senior BJP leaderRahul Sinha from campaigning for two days for an “infl��ammatory” speech duringhis campaign.
The Commission saidSinha violated the ModelCode of Conduct and provisions of Indian Penal Codeby making “provocativestatements, mocking human life and inciting theforces that could have serious law and order implications and thereby adverselyaff��ecting the election process.”
The Commission condemned and warned Sinha
for his remarks. “The Commission also imposes a banon Rahul Sinha from campaigning in any manner fornext 48 hours commencingfrom 12 pm today (Tuesday)till 12 pm on April 15(Thursday),” the order said.The order was issuedwithout giving any notice toSinha or the BJP “due to urgency of the matter.”
‘Crossing limits’The Commission also issueda notice to BJP State president Dilip Ghosh for his statement that, on April 17, incidents such as the fi��ring byCISF in Shitalkuchi will berepeated if “someonecrosses the limits”.
The Commission had onMonday banned WestBengal Chief MinisterMamata Banerjee from campaigning for a day.
EC slaps 2-day ban on BJP’s Rahul Sinha Issues notice
to party’s State
president too
WEST BENGAL ELECTION
OUR BUREAU
New Delhi, April 13
The Bureau of Indian Standards has decided to bringmore than 80 per cent of theproducts that come under itspurview under a simplifi��ed licensing procedure to enablemanufacturers to get licencewithin one month.
As part of various initiativesto reduce compliance burden, it has also decided tobring down the annual minimum marking fee paid bymicro enterprises, startupsand women entrepreneursfor BIS certifi��cation.
Speaking to mediapersonson Tuesday, Leena Nandan,Secretary, Consumer Aff��airsMinistry said that this is beingdone in a bid to incentivisestartups, women entrepreneurs and micro enterprises to
focus on quality. The annualminimum marking fee hasbeen reduced by 50 per centand old licence holders willalso get 10 per cent rebate.
Simplifying processPramod Kumar Tiwari, DG, BISsaid that several measuressuch as automation of the entire certifi��cation process ofcertifi��cation, automatic renewal of licences are being in
troduced to expedite licensing process.
In a bid to contain cheapimports and reduce production of substandardproducts, BIS has also issuedquality control orders for 354products which require mandatory certifi��cation, including steel products, footwear,electronic products and toysamong others.
Tiwari said that so far 250toy makers have got licencesand notices have been sent tomalls and airports so thatthey ensure only BIS certifi��edtoys are sold.
Gold quality certificationMeanwhile, the Ministry saidthat it is fully prepared to implement mandatory hallmarking of gold jewellery andartefacts from June 1, 2021.
Gold hallmarking is a puritycertifi��cation and is voluntaryat present.
Earlier, it was to becomemandatory from January 15but the industry got an extension of four months due tothe pandemic.
“BIS is fully geared and involved in giving approvals tojewellers for hallmarking,”Nandan said.
So far, 34,647 jewellers haveregistered with the BIS and inthe next couple of months,one lakh jewellers are expected to register, Tewari added.From June 1, jewellers will beallowed to sell gold jewelleryof only 14, 18 and 22 carats.
BIS has nearly 21,000 and ismaking them available free ofcost. These can be downloaded from the Standardisation Portal of eBIS.
BIS ready for mandatory hallmarking of gold
Gold hallmarking is a purity
certification and is voluntary
at present AFP
OUR BUREAU
Hyderabad, April 13
Even as people are busy dealing with the Covid19 pandemic, hackers seem to behaving a fi��eld day with thenumber of cyber attacksdoubling inthe fourthquarter.
“Covid19related cyber attack incidentsincreased by240 per centin the thirdquarter and by 114 per centin the fourth quarter,” cybersecurity solutions companyMcAfee said, quoting thefi��ndings from the ThreatsReport: April 2021
While in the third quarter,McAfee Labs observed an average of 588 threats perminute, an increase of 40per cent over the secondquarter, by the fourthquarter this increased to648, showing an increase of10 per cent over the previousquarter.
‘Evolving threat’Raj Samani, McAfee fellow
and chief scientist, saidthat as theworld in general and enterprises inparticular arelearning toadjust withthe pandemicrestrictions,
security threats continuedto evolve in complexity andincrease in volume.
“Though a large percentage of employees grew moreprofi��cient and productive in
working remotely, enterprises endured more opportunistic Covid19 relatedcampaigns,” he said.
Ransomware and malware targeting vulnerabilities in workrelated apps andprocesses are also active andremain dangerous threatscapable of taking over networks and data, while costing millions in assets and recovery costs.
Covid-themed cyber threats doubled in Q4 648 threats a
minute as hackers
thrived on
pandemic crisis
PRESS TRUST OF INDIA
Thiruvananthapuram, April 13
In a setback to the Pinarayi Vijayanled LDF government inKerala, Higher Educationminister KT Jaleel resigned onTuesday, days after the Lokayukta indicted him for nepotism, abuse of power andbreach of oath of offi��ce.
The resignation has beenaccepted by Governor Arif Mohammad Khan, Raj Bhavansaid.
In a Facebook Post, Jaleelhimself confi��rmed that hehad put in his papers.
“I am happy to say thatthose who had been bayingfor my blood can be relievedfor now. I have submitted myresignation to the ChiefMinister.”
The resignation came fourdays after the Lokayukta’s adverse remarks, and on a dayhis plea seeking a stay on theverdict was being heard by
the High Court, which has reserved orders on his petition.
The LDF government hashardly days left for its term toend. The Assembly electionswere held on April 6 and theresults are awaited on May 2.
Lokayukta reportA division bench of the Lokayukta, had on Friday submittedthe report against Jaleel to theChief Minister and had heldthat the allegation of abuse ofpower, favouritism andnepotism against the minister was proved.
The Lokayukta had foundthat the minister hadchanged the qualifi��cationsfor the post of General Manager in the Kerala State Minorities Development FinanceCorporation to add “B.Techwith PGDBA” also as a qualifi��cation for the post to enablehis second cousin, Adeeb KT,be eligible for the post.
Indicted by Lokayukta, Keralaminister KT Jaleel resigns
................BM-BMECMYK
MUMBAI
8 BusinessLine WEDNESDAY • APRIL 14 • 2021NEWS
ANDY MUKHERJEE
April 13
India’s beleaguered blockchain industry has fi��nally gotsome solid support to ensureits survival, with an infl��uential industry evangelist evoking the vision of a billionsmartphones acting as gateways to the brave new worldof decentralised fi��nance.
In this world, Wall Street’scapabilities will be availableto everyone, according to angel investor Balaji Srinivasan,formerly the chief technology offi��cer at CoinbaseGlobal, the largest US cryptoexchange about to go public.“We could turn every phoneinto not just a bank accountbut a bonafi��de BloombergTerminal,” he writes on hisblog.
Financial exclusionMobile banking has indeedemerged as a way to end fi��nancial exclusion, a chronicproblem in all emergingmarkets. In India, payments
worth almost $60 billion arenow taking place everymonth via wireless devices,threefi��fths more than ATMwithdrawals. A year ago, cashwas ahead by 37 per cent. Atthis rate of digital adoption,the lead enjoyed by checksmight also soon vanish.
But because India has doneexceedingly well in mobilepayments, the bureaucracyhas developed a phlegmaticresistance to newer ideas. Bitcoin and other cryptocurrencies are misunderstood as instruments of moneylaundering that off��er no realbenefi��ts. The country’s nascent blockchain industry –survivor of an attempt on itslife in 2018 – is growing up infear. According to media reports, a new law might banall tokenised representationof money – unless it is thecentral bank’s own electronic cash.
Srinivasan’s advocacy hasthus come at a crucial time. Adigital wallet that can handle
both central bankissuedelectronic cash and cryptocurrencies will end up “giving every Indian the ability tomake both domestic and international transactions ofarbitrary complexity, attracting crypto capital fromaround the world, andleapfrogging the 20th century fi��nancial system entirely”, he says in his blogpost.
A sometime StanfordUniversity lecturer in computationalbiology andstatistics andcofounder ofa genomicsstartup,Srinivasan is arecognisedname in the rapidly growingfi��eld of smart contracts. Running on the Ethereum blockchain, these lines of cryptographic code can substitutefor paper agreements, calcu
lations of who owes what towhom, and enforcement ofclaims via courts.
It’s early days, but if theylive up to their hype, smartcontracts could upend traditional fi��nance.
Filling up the gapSrinivasan is proposing toput this newage capabilitywithin reach of India’s inter
net users,who’ll benearing the 1billion markby 2023.What’s more,iSPIRT, thethinktankthat has conceived muchof India’s digital identityand pay
ments architecture, is putting its weight behind hisidea, which it says can helpfi��ll a $250billion fi��nancinggap for small and midsizefi��rms. “Meritorious busi
nesses without national profi��les aren’t able to access thecapital they need,” the Bangalorebased think tank’s researchers wrote in a companion paper to Srinivasan’sarticle.
The message is clear. Thetech industry is picking upthe cudgels on behalf ofblockchain entrepreneurs,with Nandan Nilekani, a cofounder of software exporterInfosys and the architect ofIndia’s universal identifi��cation program, amplifying iSPIRT’s case with a tweet.
The arguments shouldgive policy makers pause before they impose some sort ofan impractical, impossibletoenforce ban on cryptocurrencies. Millennials havealready embraced tokens. India is of late providing morevolume than China on popular peertopeer platforms fortransferring Bitcoin andother digital assets.
The bureaucracy will nodoubt push back. The Re
serve Bank of India, whichtried in 2018 to cut off�� the digitalasset industry’s links tolocal bank accounts, wouldlikely see Srinivasan’s proposals for democratised access to international fi��nanceas an end to its capital controls. (Even students, he says,should be allowed to issuepersonal tokens, collateralising the worth of their future time.) Monetary policymay then have to give up trying to manage the exchangerate altogether.
Needs time to matureMaybe the authorities willpropose a compromise: experimentation in baby steps.That will be just fi��ne, considering that the stillmodest$50billion decentralised fi��nance industry will need timeto mature. As the GreensillCapital fi��asco showed, evenpromising innovations inclosely supervised conventional fi��nance – such as supplychain fi��nancing – aren’t
without their big blowups. Ata minimum, decentralisedfi��nance off��ers a third option.Traditional banks are slowand expensive, while fi��nanceby large ecommerce fi��rmscould get too dominant. “BigTechs can use their platformsto generate large amounts ofcustomer data, employ it intraining their artifi��cial intelligence algorithms, andidentify highquality loansmore effi��ciently than competitors lacking the same information,” says Universityof California, Berkeley economist Barry Eichengreen.
China is reining in its techtitans, and may launch its offi��cial digital currency, eCNY,next year. India, meanwhile,is still debating whether itcan employ blockchain technology in social projects likeland registry while barringtokens from circulating asmoney. With proponents likeSrinivasan and Nilekani, theconversation will hopefullybecome more real. BLOOMBERG
Smartphones, gateways to brave new world of decentralised financeBETTING ON CRYPTOCURRENCIES
OUR BUREAU
Mumbai, April 13
The second wave ofcoronavirus infectionsposes creditnegative threatto India’s economic recovery, according to Moody’sInvestors Service.
Referring to India recording its highest daily surgeon April 11 since the start ofthe pandemic, pushing itsactive case load further past10 lakh, Moody’s observedthat the announced countermeasures to combat thesecond wave – some ofwhich are due to remain inplace at least until the endof April – risk weakeningthe economic recovery.However, the targetednature of containment
measures and rapid progress on vaccinating thepopulation will mitigatethe creditnegative impact,it added.
Growth forecast Moody’s observed that thesecond wave of infectionspresents a risk to its growthforecast (baseline forecastis for real GDP to grow 12per cent in yearly terms in2021) as the reimposition ofvirus management measures will curb economicactivity and could dampenmarket and consumer sentiment.
“Retail and recreationactivity across India haddropped by 25 per cent asof April 7 compared with
February 24, according toGoogle mobility data.
RBI surveyThis was mirrored in theReserve Bank of India’sMarch consumer confi��dence survey, which showeda deterioration in perceptions of the economic situation and expectations ofdecreased spending onnonessential items,” theagency said.
However, given the focuson microcontainment
zones to deal with the current wave of infections, asopposed to a nationwidelockdown, Moody’s expectsthe impact on economicactivity will be less severethan what was seen in2020.
The agency emphasised:“India’s very lowcoronavirus death count(only about 170,179 deathshave been recorded as of 12April) and relatively veryyoung population also helpmitigate risks. GDP is stilllikely to grow in thedoubledigits in 2021, giventhe low level of activity in2020.”
Moody’s said vaccinationwill be a key element inmanaging the second waveas the authorities balancevirus management againstmaintaining economicactivity.
Second Covid wave poses a credit-negativethreat to economic recovery, says Moody’sAgency says vaccination will be a key
element in managing the second wave SURABHI
Mumbai, April 13
The Centre is consideringUnited India Insurance asone of the staterun insurers for privatisation. Theother public sector insurers, which could betaken up for privatisationinclude National Insuranceand Oriental Insurance, according to sources close tothe development.
“United India Insuranceis one of the top choices forprivatisation. Discussionsare on, with the other options being National Insurance or Oriental Insurance,” said a personfamiliar with thedevelopment.
Process to take sometimeHowever, any move towards
privatisation and divestment of public sector insurers is likely only in thesecond half of the fi��scal, theperson added, noting thatthe process will take sometime, including legislativeamendments.
Finance Minister NirmalaSitharaman had, in theUnion Budget 202122, announced that other thanIDBI Bank, the governmentwould take up the privatisation of two PSBs and onegeneral insurance companyin the year 202122.
Sources said New IndiaAssurance and state run reinsurer General InsuranceCorporation of India, whichare both listed entities, areunlikely to be taken up forprivatisation.
“The idea is to take upone of the insurers, which
is not doing well, but stillattractive enough for investors,” said the source. According to IRDAI data,Chennaibased United IndiaInsurance registered a 4.59per cent degrowth in grossdirect premium underwritten in 202021 at ₹��16,710.94crore. Oriental Insurance
witnessed an 8.93 per centdrop in gross directpremium underwritten in202021 at ₹��12,452.11 crore,while National Insurancesaw a 7.08 per cent drop at₹��14,180.98 crore last fi��scal.
The Centre was earlierworking on a proposal tomerge these three publicsector insurers.
However, it later decidednot to go ahead with theplan. Instead, the UnionCabinet approved capitalinfusion of ₹��12,450 crore(including ₹��2,500 crore infused in 201920) in thesethree insurers – Oriental,National and United IndiaInsurance.
Share capital It also approved an increasein authorised share capitalof NICL to ₹��7,500 crore andthat of United India andOriental to ₹��5,000 crore, respectively, to give eff��ect tothe capital infusion.
Govt eyes United India for privatisationOther insurers being considered include
National Insurance, Oriental Insurance
WXSources said New India
Assurance and state run
re-insurer General
Insurance Corporation of
India, which are both
listed entities, are
unlikely to be taken
up for privatisation
OUR BUREAU
New Delhi, April 13
Pine Labs, a merchant commerce platform, has acquiredFave, SouthEast Asia’s fastgrowing fi��ntech platform, in adeal valued at over $45 million.
This acquisition marks theentry of Pine Labs into the B2Cmarket, and Indian consumerswill be able to use the Fave App(a smart payment app) laterthis year to save across 5 lakhmerchant network pointspowered by Pine Labs across3,700 cities in India.
Fave, which is headquarteredin Malaysia, currently operatesin 35 cities across Malaysia,Singapore and Indonesia. Theacquisition will help both companies accelerate their growthin Asia and unlock massive consumer opportunities across retail, F&B, fashion and FMCGmarkets.
Commenting on the acquisition, B Amrish Rau, CEO, Pine
Labs, said: “Consumers havetremendous choices in theirpayment types. They want to besure that they save on everytransaction. Fave helps consumers apply their best rewards, coupons, gift cards andcashbacks on all transactions ina seamless manner.
“Joel and the Fave team havebuilt a loyal consumer basewith their smooth checkout experience. We are excited to partner with them in this journey inSouth East Asia and India.”
Joel Neoh, CoFounder andCEO of Fave, said: “Really excited to work with Amrish andthe Pine Labs team to continueexpanding the Fave platformacross the Asia region. Pine Labshas been a great partner and investor for us, and it only madesense for us to join our synergies together and work towardsour shared vision of building atruly global consumer andmerchant platform.”
Pine Labs acquires Malaysianfintech platform Fave for $45 m
AGENCE FRANCE-PRESSE
New York, April 13
Facebook’s independent Oversight Board announced onTuesday it would start accepting requests to remove harmful content that users believehas been wrongly allowed toremain on the leading socialnetwork.
The move broadens themandate of the socalled supreme court of Facebook,which up to now had beentasked with reviewing instances of whether contentwas improperly taken downfrom Facebook or Instagram.
The Oversight Board, set upby Facebook to deal with contentious questions of contentmoderation, began operatinglast year and issued its fi��rst rulings in January. The decisions,which can overrule Facebookmanagement, are binding.
Users who feel that harmfulposts, photos, videos, comments, and shares remain online will be able to appeal tothe panel to have it removed.
Facebook panelto review requeststo remove‘harmful’ content
OUR BUREAU
Mumbai, April 13
Capri Global Capital Ltd(CGCL) has launched ‘Prime’aff��ordable housing loans, carrying interest rate startingfrom 7.99 per cent for urbanand rural customers.
The NBFC said all salariedemployees employed withgovernment, public andprivate fi��rms, with minimumone year of experience and agood credit score, can availthis loan. Further, women applicants will receive an additional 0.10 per cent discountin rate of interest.
Rajesh Sharma, MD, CAGL,said: “We believe, if suffi��ciently incentivised, the affordable housing sectorcould benefi��t substantiallyfrom the sheer size of its target group.”
Capri Global Caplaunches ‘Prime’affordable loans
PRESS TRUST OF INDIA
New Delhi, April 13
The gross direct premium written by nonlife insurance companies witnessed a 5.2 per centincrease in FY21 at ₹��1,98,734.68crore, IRDAI data showed.
All nonlife insurance companies wrote gross directpremium of ₹��1,88,916.61 crore inFY20.
In March 2021, the totalpremium by all players stood at₹��19,298.85 crore, up by over 17 percent from ₹��15,635.42 crore inMarch 2020, according to the thedata.
The data as of March 2021 isprovisional and unaudited.Among the 25 general insurers inthe nonlife insurance sector, thetotal premium in FY21 increasedby 3.35 per cent to ₹��1,69,840.05crore against ₹��1,64,328.20 in theyearago fi��scal.
In the standalone privatehealth insurers’ category, thetotal premium written by fi��ve
players rose by 11.08 per cent to₹��15,720.04 crore in 202021 from₹��14,151.70 crore.
Earlier, there were seven standalone health insurance providers, which has now reducedto fi��ve after the takeover of Reliance Health portfolio by Reliance General. Insurance andmerger of HDFC Ergo Health intoHDFC Ergo General.
The two specialised PSU insurers – Agricultural InsuranceCompany of India Limited andECGC Limited – registered 26.23per cent jump in their collectivepremium in FY21 at ₹��13,174.60crore.
However, Agricultural Insurance Company of India Limitedsaw a jump of 29.39 per cent ingross premium collection during the year at ₹��12,112.34 crore,ECGC Ltd witnessed a decline of1.23 per cent at ₹��1,062.26 crore.
The total number of nonlifeinsurers now stands decreasedto 32 from 34 earlier.
Gross direct premium collectionof non-life insurers up 5% in FY21
OUR BUREAU
New Delhi, April 13
Paytm Payments Bank Ltd(PPBL), on Tuesday, announced that it has becomethe top enabler of digitalpayments in the country byregistering over 970 milliondigital transactions inMarch.
This achievement has beenled by the growth in transactions on Paytm Wallet, PaytmFASTag, Paytm UPI and internet banking over the last several quarters. PPBL, which israpidly gaining the trust ofmillions of Indians, is nowopening on an average 1 million savings and current accounts a month. With over64 million accounts, thebank’s total deposits havecrossed over ₹��3,200 crore.
Satish Kumar Gupta, CEOand Managing Director,
Paytm Payments Bank Ltd,said in a statement: “Ourleadership in digital bankingand payments is a testimonyto the trust that the wholecountry has shown in ourservices. We will continue toempower more merchantsacross the country to join thedigital payment ecosystemand benefi��t from our innovative and personalised off��erings. We are committed toplaying a key role in buildingAtmanirbhar Bharat.”
Paytm Wallet hasstrengthened its position asthe strongest digital payments service with 325 million wallets. Over 78 per centof Wallet account holdersuse it for payments on a dailybasis. The massive adoptionof Paytm Wallet by themasses can be also begauged from the fact that 85
per cent of wallet transactions are merchant transactions across online platformsand kirana stores.
Toll paymentsMeanwhile, with over 9 million FASTags sold and 42 million monthly issuer transactions, Paytm Payment Bank’sFASTag has become India’smost preferred instrumentfor digital toll payments as itallows users to directly payfrom their Paytm Wallet. Ithas gained immense popularity among vehicle owners, including commercialtransport, due to its seamlessonboarding and integrationprocess.
Also, PPBL has now enabled cashless toll paymentsacross 270 plazas and registered 57 million monthlyacquirer transactions.
Paytm Payments Bank, ‘top enabler’ of digitalpayments; clocks 970 m transactions in March
REUTERS
New York, April 13
US federal health agencies, onTuesday, recommended pausing the use of Johnson & Johnson’s Covid19 vaccine after sixwomen under 50 who had received it developed rare bloodclots, dealing a fresh setbackto eff��orts to tackle thepandemic.
To delay roll outFollowing the news, Johnson& Johnson (J&J) said it wasdelaying the rollout of its vaccine to Europe, a week afterregulators there said theywere reviewing rare bloodclots in four recipients of theshot in the United States.
The moves come afterEuropean regulators said
earlier this month they hadfound a possible link betweenAstraZeneca’s Covid19 vaccine and a similar rare bloodclotting problem that led to asmall number of deaths.
J&J’s single dose vaccine –most Covid19 shots are delivered over two doses – andAstraZeneca’s lowcost vaccine are seen as vital tools inthe fi��ght against a pandemicthat has claimed more thanthree million lives.
The White House said thepause would not have a signifi��cant impact on its plan to administer about three millionshots per day and a total of200 million shots before President Joe Biden’s 100th day in
offi��ce. Most of the availableJ&J vaccine has been used inthe United States due to production issues that have limited the company’s supply. Asof April 12, more than 6.8 million doses of the J&J vaccinehad been administered in theUnited States, compared withmore than 180 million shotscombined of the Modernaand Pfi��zer/BioNTech shots.
An advisory committee tothe US Centers for DiseaseControl and Prevention (CDC)will meet on Wednesday to review the cases, and the USFood and Drug Administration (FDA) will review the analysis, the agencies said in ajoint statement.
All six cases involved women between the ages of 18and 48, and the symptoms occurred six to 13 days aftervaccination.
In the cases, a type of bloodclot called cerebral venoussinus thrombosis (CVST) wasseen in combination with low
levels of blood platelets(thrombocytopenia). The CDCand FDA said the adverseevents appeared to be extremely rare. J&J said it wasworking closely with regulators and noted no clear causalrelationship had been established between the cases andthe vaccine made by itsJanssen unit.
“I think this is a very lowrisk issue, even if causallylinked to the vaccine: 6 caseswith about 7 million doses(lower than the risk of clotswith oral contraceptives) isnot something to panicabout,” said Dr Amesh Adalja,an infectious disease expert atthe Johns Hopkins Center forHealth Security in Baltimore,in an email.
“People are asking me ifthey should cancel their J&Jvaccine appointments and Ihave told them not to but Iknow many will and this willstall progress in controllingthe pandemic.”
White House says
this will not have a
major impact on its
vaccination drive
US pauses J&J Covid vaccine over rare blood clots
KR SRIVATS
New Delhi, April 13
In a landmark ruling, the NationalCompany Law Appellate Tribunal(NCLAT), on Tuesday, clarifi��ed onthe several contentious legal issuesaround telecom spectrum, including whether it could be subjectedto insolvency/liquidation proceedings, and also if bankrupt telcoscould sell spectrum rights allottedto it (under a licence) as part of resolution process under the Insolvency and Bankruptcy Code (IBC).
The Appellate Tribunal has, in its107 page ruling, concluded thatspectrum, being an intangible asset of the licensee/Telecom ServiceProviders/Telcos/corporate debtor,can be subjected to insolvency/li
quidation proceedings. The NCLAThas, through the latest ruling, addressed the various questions putforth to it by the Supreme Court inits September 1 order last year.
While a licence can be transferred as an intangible asset of theLicensee /Corporate Debtor underInsolvency Proceedings in ordinary circumstances, however, as thetrading is subjected to clearance ofdues by seller or buyer, as the casemay be, the Transferor/Seller orTransferee/Buyer being in default,would not qualify for transfer of licence under the insolvency proceedings, the NCLAT has said.
A natural resource It has held that spectrum is a nat
ural resource and the governmentis holding the same as cestui quetrust. Noting that natural resourcewould not be available to usewithout payment of requisite dues,the NCLAT has also held that duesof central government/DOT underthe licence fall within the ambit ofOperational Dues under the IBC.The NCLAT has also held that spectrum cannot be used as security interest by telcos before the lenders
Also, triggering of Corporate Insolvency Resolution Proceedingsunder the IBC by the corporatedebtor with the object of wipingoff�� of such dues, not being for insolvency resolution, but with malicious or fraudulent intention,would be impermissible, the threemember NCLAT Bench headed byActing Chairperson Justice BansiLal Bhat ruled.
The spectrum cannot be utilised
without payment of requisite dueswhich cannot be wiped off�� by triggering CIRP under the IBC.
The defaulting Licensees/ telcoscannot be permitted to wriggle outof their liabilities by resorting totriggering of CIRP by seeking initiation of CIRP under Section 10 ofIBC, not for purposes of resolutionbut fraudulently and with malicious intent of withholding thehuge arrears payable to government, obtaining moratorium toabort government’s move to suspend, revoke or terminate the licences, the NCLAT said; and in theevent of a resolution plan being approved, subjecting the Central Government to be contended with thepeanuts off��ered to it as ‘Operational Creditor’ within the ambit ofdistribution mechanism contemplated under Section 53 of IBCCode.
Telecom spectrum can be subjected toproceedings under IBC, rules NCLAT‘Requisite spectrum dues cannot be wiped offby triggering corporate insolvency under IBC’
................BM-BMECMYK
MUMBAI
BusinessLineWEDNESDAY • APRIL 14 • 2021 IMARKET RADAR
For BSE/NSE live quotes, scan
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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
Kilitch 105.75 106.80 103.60 114.80 101.95 96.98 138.50 78.25 34 108.10Kingfa S&T 577.35 601.05 598.20 618.95 586.05 6.61 750.00 348.60 168 596.40KIOCL 147.25 151.85 150.90 152.90 147.40 68.08 190.05 64.00 69 151.50Kiri Ind 416.20 420.75 420.00 427.65 417.80 45.08 630.40 270.35 - 420.35Kirl.Bros [2] 227.65 230.40 229.90 245.00 227.85 39.01 285.00 87.00 25 231.20Kirl.Elec 12.80 12.75 12.60 13.00 12.50 28.74 100.80 26.95 2 - Kirl.Ind 1284.75 1293.55 1280.05 1370.00 1277.65 1.35 1620.00 454.00 34 1301.60Kirl.Oil [2] 157.40 159.40 159.00 165.35 158.20 103.74 184.70 94.50 16 159.45KirloskarFer 180.30 184.55 181.90 186.95 178.00 80.08 202.15 47.60 - - Kitex [1] 96.45 98.00 96.45 99.45 96.45 41.32 124.90 89.90 9 97.95KM Sug [2] 11.60 11.90 11.70 12.00 11.45 205.70 14.58 6.09 4 11.85KNR Con [2] 199.70 204.80 198.50 206.70 196.75 328.33 242.10 90.20 24 204.15Kokuyo [1] 53.40 55.95 54.95 56.75 53.75 95.55 75.35 43.25 - 56.05KoltePatil 230.30 236.05 231.50 238.40 227.15 169.21 285.15 112.00 - 236.35Kopran 111.30 113.80 108.90 114.75 108.90 289.78 146.40 22.75 25 113.65Kot.Mah.Bk [5] 1742.50 1775.85 1745.80 1786.05 1723.45 3118.74 2048.95 1108.00 54 1775.85Kothari Pet [5] 25.05 25.60 25.05 25.80 25.05 18.94 0.15 0.05 - - Kothari Pro 62.35 63.90 63.20 64.75 63.15 3.43 95.30 36.05 - 63.95Kothari Sug 25.95 26.75 26.45 27.60 26.20 368.21 15.85 4.45 - - Kpit Tech 187.10 187.95 187.00 194.70 186.00 498.92 207.40 38.95 - - KPR Mill [5] 1076.95 1230.30 1096.00 1278.00 1079.20 396.51 1278.00 348.25 26 1228.75KRBL [1] 181.85 184.85 182.00 187.80 182.00 231.73 339.60 173.00 8 184.60Krebs Bio 100.85 109.55 105.00 114.80 101.25 34.73 147.70 63.05 - 109.70KridhanInfra [2] 3.55 3.70 3.45 3.85 3.45 43.79 5.80 1.40 - 3.76KrisnaPhoscm 89.40 87.25 90.00 90.50 86.50 5.89 100.00 47.65 - - KSB 885.15 895.40 903.00 914.00 881.55 56.88 954.00 426.90 - - KuantumPaper 62.90 64.45 62.85 65.00 62.80 32.61 699.80 37.10 - -
L . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .L&T [2] 1345.15 1373.70 1347.25 1382.00 1347.25 2063.65 1593.00 791.55 14 1373.50L&T Fin Hld 88.60 94.75 89.50 95.05 89.2021764.12 113.40 47.25 - 94.75L&TInfotech [1] 4257.75 4108.25 4270.00 4323.15 4065.00 335.46 4499.90 1385.05 41 4120.80L&TTechSer [2] 2838.70 2689.35 2828.70 2880.60 2673.15 452.78 3062.45 1066.45 42 2689.05La Opala [2] 208.85 209.10 209.90 213.00 207.60 58.37 251.60 142.20 54 208.60LakFinIndCor 78.85 77.95 82.45 82.45 76.15 1.07 92.05 33.80 - - LambodhText[5] 51.90 53.60 52.70 54.95 51.65 20.40 72.50 18.25 12 53.45LasaSuperGen 61.90 64.00 63.00 66.90 61.65 194.41 100.15 30.55 12 64.00LaurusLabs [2] 416.50 439.80 420.00 448.00 417.20 7133.94 448.50 77.25 30 439.65LaxmiOrgInd 181.25 188.25 184.00 192.00 182.55 1869.38 209.00 143.25 - - LCC Info [2] 3.95 3.80 3.80 3.80 3.80 22.08 5.70 3.61 - 3.61LemonTreeHot 32.00 31.95 32.20 32.90 31.50 2071.18 49.45 13.80 - 32.05LG Balakri 293.30 294.90 294.05 301.30 292.50 43.21 361.55 172.40 9 294.95Liberty Sh 123.25 124.05 122.10 124.90 122.10 20.47 181.90 95.65 - 124.00LICHsgFin [2] 383.15 394.15 384.95 395.50 381.00 4163.09 487.50 219.35 7 394.20LikhithaInfr 365.10 373.05 367.10 380.00 365.30 97.54 418.95 133.80 - - Linc Pen&Pla 145.00 150.05 141.80 151.00 141.75 12.68 195.35 121.15 - 148.30Lincoln Phar 226.90 230.55 227.00 235.30 227.00 69.53 283.00 131.00 8 230.70Linde Ind 1761.70 1772.45 1793.90 1804.00 1762.00 23.99 1933.20 485.70 102 1773.70LMW 6449.10 6441.60 6474.00 6550.00 6350.55 3.16 7850.00 2332.10 183 6439.10Lotys Eye 43.10 43.35 43.90 44.30 42.45 7.80 54.60 19.75 - 42.50Lovable 82.30 83.65 83.60 84.05 82.65 9.83 115.95 40.00 - 83.60LT Ovrseas [1] 63.30 67.20 63.50 68.00 63.50 4688.26 70.20 19.90 22 67.35Lumax tech [2] 154.40 155.20 152.30 158.95 152.30 51.71 174.00 59.75 32 155.40Lumx Ind 1603.70 1607.10 1585.00 1624.00 1585.00 2.56 1750.00 860.30 89 1607.90Lupin [2] 1045.15 1036.00 1050.00 1058.70 1022.10 1528.37 1121.85 787.60 40 1037.15Lux Indust. [2] 1897.35 1931.10 1909.00 1975.00 1909.00 70.95 1974.05 840.00 29 1938.20Lypsa Gem 4.30 4.35 4.15 4.40 4.10 13.68 6.51 2.39 - 4.30
M. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .M&M [5] 751.50 811.25 754.00 817.00 750.8012501.63 952.15 320.55 548 811.65M&M Fin [2] 170.95 176.70 172.30 178.90 171.05 8882.51 224.15 76.47 54 176.65Maan Alum 146.45 147.70 145.20 152.40 145.20 29.99 176.05 35.00 10 148.15Madhav 46.35 49.00 49.45 51.35 46.20 32.08 66.20 17.70 10 48.55MadhavCopper 101.10 93.95 103.20 107.00 93.20 245.67 116.00 54.30 - - MagadhSug&En 103.65 110.05 101.00 111.00 100.30 51.05 143.85 67.65 3 109.90Magma Fin [2] 111.50 107.95 112.50 114.90 106.55 588.36 142.50 12.70 - 108.65Mah.Cie.Auto 158.15 159.80 158.20 161.85 155.00 128.71 234.50 71.00 82 160.40Mah.Holi 204.35 200.80 205.40 207.90 199.80 83.65 248.90 122.00 - 200.75Mah.Life 496.55 495.70 493.05 509.00 487.75 38.02 577.30 171.20 - 498.30Mah.Scoot 3359.15 3496.00 3375.95 3508.95 3375.95 4.54 4043.40 1815.00 35 3494.10Mah.Seam [5] 270.00 269.70 270.00 279.00 269.15 41.01 349.95 185.00 7 269.50MahangrGas 1080.85 1094.20 1075.00 1103.15 1063.35 700.50 1257.00 780.00 19 1094.45MahaSteelInd 79.60 79.20 81.05 83.00 75.20 41.50 130.50 63.05 - 79.70MaheswariLog 87.20 89.65 86.10 91.90 85.10 222.40 224.90 73.30 - - MahindEPCIrr 141.35 141.75 141.35 143.35 140.25 61.65 194.50 87.50 - - MahindraLog 519.75 525.85 516.50 529.45 508.40 37.19 613.95 240.55 149 526.65Maithan 672.10 701.10 676.15 709.30 676.15 76.59 750.00 350.50 10 699.90Malu Paper 24.55 25.20 24.00 26.00 24.00 10.97 36.00 22.10 - 25.45Man Ind [5] 80.20 81.70 81.00 83.10 80.60 321.89 92.70 30.83 5 81.65Man Infr [2] 37.75 39.10 38.10 39.30 38.00 415.10 46.70 15.75 13 39.25ManakAlumi [1] 10.10 11.35 10.25 11.95 10.25 346.28 11.80 3.68 - 11.20Manaksia [2] 50.90 54.80 51.30 55.40 50.75 68.20 64.80 29.90 - 54.60ManakSteel [1] 24.30 24.90 23.80 25.50 23.80 75.90 29.15 6.79 9 24.95Manali Pet [5] 68.20 72.50 69.10 72.95 68.95 1424.52 78.85 13.50 10 72.40Manap.Fin [2] 145.45 148.50 147.00 150.40 145.20 5274.37 187.30 97.55 8 148.45ManCoatMet [1] 11.95 12.10 11.50 12.15 11.45 130.89 16.10 3.03 11 12.10Mang.Cem 273.70 279.70 267.10 283.90 267.10 27.75 304.90 141.15 8 278.30Mang.Chem 73.00 73.35 73.00 75.40 73.00 300.15 92.40 27.05 11 73.50Mang.Drug 109.95 111.35 109.90 113.85 109.85 39.11 175.30 40.50 6 111.45Mang.Timb 11.15 11.00 10.60 11.15 10.60 1.90 12.96 6.01 - 10.53MangalamGlob 44.85 45.45 49.00 49.80 43.05 16.08 56.95 35.20 - - Manugrph [2] 11.45 11.50 11.80 11.80 11.35 5.07 15.36 6.50 - 11.47MarathNxtg [5] 46.50 44.20 45.10 45.75 44.20 268.27 109.60 42.20 7 44.25Marico Ltd [1] 407.40 421.30 407.00 424.00 407.00 2833.58 439.00 277.45 49 421.65MarineElecIn 57.90 59.35 55.10 62.00 54.25 274.89 266.00 48.50 - - Marksans [1] 52.75 55.85 53.40 56.90 52.00 4684.70 66.10 18.05 28 55.80Maruti [5] 6520.60 6815.80 6520.00 6845.40 6468.80 995.72 8400.00 4639.75 47 6818.45MASFinServ 785.85 812.45 784.00 818.00 784.00 12.85 1107.65 532.25 31 813.55Mastek [5] 1296.40 1309.50 1300.00 1340.00 1256.95 172.02 1460.00 200.35 109 1311.20MatrimnCom[5] 938.80 946.95 940.00 968.00 920.45 15.08 1242.00 259.00 56 947.65Maw.Sug 37.30 38.45 36.80 38.75 36.00 69.41 44.15 20.95 - 38.50MaxFinancial [2] 849.30 874.15 853.80 876.50 846.30 293.39 978.00 347.35 335 874.00MaxHealthCre 220.85 220.00 220.00 225.35 218.00 507.98 239.00 97.15 - - MaxIndia 65.15 65.85 64.60 66.65 64.60 246.18 71.45 52.35 - - MaxVent&Ind 56.15 55.85 56.50 57.50 55.55 57.32 67.00 26.15 - 56.00Mayur Uniq [5] 389.50 399.60 392.00 407.55 392.00 86.74 478.95 138.00 23 400.10MazagonDock 201.35 201.95 201.85 205.35 199.00 442.70 242.60 164.00 - - Mazda Ltd 438.50 441.20 438.25 444.95 432.15 2.99 639.85 233.40 10 445.40MBL Infra 17.65 17.85 18.65 18.95 17.65 54.48 25.55 3.17 1 17.80McD.Hld 39.95 38.85 40.75 40.75 38.00 9.51 46.00 16.83 - 41.40McL.Rusl [5] 20.55 19.75 19.65 21.55 19.55 1431.89 28.45 2.75 - 19.75MCX 1489.40 1472.90 1495.00 1502.75 1458.00 141.92 1875.00 950.00 35 1473.35Mega Soft 9.90 9.95 9.80 10.05 9.50 52.38 13.45 5.52 - 9.84Meghmani [1] 118.35 122.25 120.40 126.25 118.95 3112.87 142.80 43.90 15 122.25MenonBear [1] 54.25 55.10 54.15 57.15 53.70 24.63 64.15 27.00 20 55.05MEP Infra 15.35 16.05 15.10 16.20 15.10 90.30 23.60 10.93 - 16.15Metrpolhelth[2] 2474.95 2386.60 2535.00 2565.50 2355.65 214.93 2605.00 1150.00 85 2387.20Minda Corp [2] 94.15 96.80 94.90 97.75 94.50 266.76 110.50 53.80 53 96.80Minda Ind [2] 519.20 510.40 519.80 527.90 504.20 257.70 612.35 231.13 156 510.90MindTec(Ind) 45.55 46.65 47.25 47.50 46.25 8.23 61.35 15.01 14 46.80MindTree 2142.50 2050.25 2156.00 2173.80 1995.50 1935.74 2275.10 712.00 34 2048.30Mirza [2] 45.85 45.85 46.00 46.65 45.65 162.72 64.00 37.00 - 45.75MishDhatuNig 180.50 183.85 181.50 184.90 180.05 223.70 236.55 172.90 26 183.75MittalLifSty 10.00 10.10 9.80 10.40 9.60 37.22 160.75 9.50 - - MM Forg 454.20 471.70 445.00 477.30 445.00 3.50 535.00 151.00 50 471.65MMPIndustris 81.30 83.15 83.00 83.40 81.00 1.61 109.00 43.95 - - MMTC [1] 40.25 41.50 40.20 42.10 39.90 2785.81 52.55 13.20 - 41.45Mohit Ind 7.50 7.55 7.15 7.70 7.15 2.87 9.85 2.85 - - MOIL 148.50 155.40 150.00 159.65 148.70 772.82 177.75 108.65 36 155.30Mold-TekPac [5] 413.15 412.90 413.15 423.50 408.00 28.48 434.20 145.08 29 412.25Mold-TekTec [2] 40.80 40.25 41.05 41.05 39.35 13.36 57.40 29.60 15 40.30Monte Carlo 219.65 224.30 219.70 238.00 219.70 96.84 278.00 128.00 8 224.85Morarj.Tex [7] 14.15 14.85 14.40 14.85 13.90 6.21 18.60 7.86 - 15.99Morepan [2] 35.80 40.20 36.50 40.80 36.3516941.02 42.30 13.75 23 40.50Most.Fin [1] 615.65 613.50 617.00 623.35 608.00 122.12 742.45 465.20 22 613.30Mot.Gen.Fin [5] 20.10 19.50 19.25 20.10 19.10 16.68 26.83 10.88 - 19.55MothersSum[1] 200.70 211.60 200.70 212.70 200.7019359.30 238.20 62.10 98 211.50MphasiS 1740.10 1682.25 1745.00 1758.35 1603.00 744.75 1835.95 652.85 24 1682.75MPS 583.10 597.95 572.05 604.90 562.30 23.09 622.00 218.85 20 597.75MRF 79227.85 82671.60 79500.00 83100.00 79300.00 30.80 98575.90 55360.35 22 82698.30MRPL 36.00 35.90 36.25 36.50 35.55 1338.57 46.00 25.00 - 35.85MrsBectrFood 347.05 346.70 342.30 350.60 340.80 167.04 624.00 328.40 - - MSP Stl 10.15 11.15 10.75 11.15 10.35 73.60 11.37 3.70 - 11.29MSTC 266.50 270.95 269.90 274.15 261.35 279.62 400.00 86.20 - - MT Edu 6.45 6.85 6.40 6.95 6.40 433.07 18.21 6.22 - 6.84MTARTech 967.15 974.35 974.00 988.00 948.70 256.83 1154.90 860.00 - - MTNL 15.90 16.15 15.70 16.65 15.50 2144.68 24.40 6.68 - 16.20Mukand 85.55 89.85 88.50 91.60 87.50 195.76 99.00 15.35 - 89.75Mukta Ar [5] 28.15 28.85 28.25 29.00 27.00 7.18 38.10 17.25 6 28.10Munj.Auto [2] 52.15 52.80 52.10 53.35 51.70 106.70 70.30 31.65 - 52.90Munj.Showa [2] 135.35 139.60 135.30 140.95 134.35 22.59 176.45 68.95 18 139.90Murd.Cera 18.10 19.40 18.55 19.50 18.45 66.93 25.85 11.00 - 19.35MusicBrdcast 24.05 24.30 24.00 24.50 24.00 87.16 27.05 12.40 - - Muthoot Cap 367.10 373.25 375.00 378.80 367.40 16.66 511.75 222.05 11 372.10MuthootFinan 1159.95 1173.35 1185.00 1209.00 1169.15 1146.32 1405.00 658.70 13 1173.30
N . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .NACLInd [1] 39.15 39.00 40.80 40.80 38.10 28.75 51.10 22.85 20 39.00NagaDhunseri 742.50 748.75 734.60 778.00 733.25 0.06 967.30 392.60 - - Nagrk.Cap [5] 5.60 5.85 5.35 5.85 5.35 0.03 9.06 4.61 - 5.65Nagrk.Exp [5] 17.65 17.00 17.65 17.75 16.00 47.42 25.00 8.32 - 17.65Nah.Cap [5] 96.15 98.10 101.80 101.80 96.00 13.66 129.90 49.60 8 96.75Nah.Ind 41.50 43.10 45.00 45.00 41.60 8.90 59.00 16.60 - 44.25Nah.Poly [5] 108.45 110.65 111.25 114.10 108.00 47.70 142.00 25.50 6 110.85Nah.Spg [5] 98.85 98.05 97.30 100.30 93.95 27.25 122.00 24.80 - 99.00NALCO [5] 53.70 55.90 54.15 56.10 53.6018092.64 64.00 26.80 22 55.90Nalwa Son 1279.50 1288.80 1250.05 1293.00 1226.95 1.06 1446.00 527.10 18 1291.50Nandan Den 30.35 30.70 29.55 31.35 29.05 36.89 36.85 13.55 - 31.40NarayaHru 411.95 410.25 418.70 418.70 407.60 61.05 524.10 248.80 - 410.35Natco Phr [2] 917.95 913.25 934.00 939.00 908.45 336.40 995.05 556.50 47 913.25Nath Bio-Gen 334.25 340.00 342.00 351.10 333.35 40.33 415.50 189.60 12 337.90Natl Build [1] 41.30 43.00 41.90 43.35 41.5010789.82 54.00 16.80 - 43.10Natl Fert 53.20 54.40 53.60 55.45 52.45 1652.82 70.05 22.60 7 54.45Nava.B.Ve [2] 73.50 74.05 74.00 75.60 73.25 753.44 78.85 33.60 9 74.05Navin Flu [2] 2939.55 2961.15 2929.00 3038.00 2925.10 211.25 3154.80 1370.00 33 2961.55Navkar Corp 33.05 33.40 33.05 34.15 32.55 312.27 49.35 18.70 30 33.45Navneet Ed [2] 78.35 78.05 78.95 79.85 77.70 58.50 95.10 62.00 29 78.00NazaraTech 1493.75 1639.15 1532.00 1665.00 1520.75 540.27 2024.90 1432.00 - - NBI.IndFinCo 1701.05 1676.80 1682.80 1686.40 1670.25 0.16 1996.00 1250.15 - - NCC [2] 73.85 75.75 73.00 76.95 73.00 6374.00 100.00 19.65 18 75.80NCL Ind 173.35 176.20 173.10 181.05 173.10 231.35 195.85 56.60 6 175.95NDRAutoCompo 193.65 203.95 185.10 212.80 185.10 3.20 284.95 120.00 - - NDTV [4] 57.80 56.95 55.80 61.75 55.80 29.11 65.50 22.30 13 57.30NECaryCorp 8.05 8.40 8.25 8.50 8.20 19.12 17.29 4.00 - 8.59Nect.Life [1] 18.95 19.45 19.00 19.80 18.90 318.65 30.05 12.60 - 19.45Nelcast [2] 65.35 65.30 65.45 67.40 65.00 43.80 81.50 35.60 22 65.20Nelco 184.80 194.25 185.10 199.40 185.10 73.49 239.70 154.50 64 192.05NeogenChem 866.70 934.80 871.30 957.00 860.10 89.87 970.00 451.05 - - Nesco [2] 506.50 494.95 506.05 506.05 488.25 80.41 639.00 381.10 19 494.55NestleIndia 17501.70 17168.85 17587.00 17599.95 17040.10 110.53 18821.45 15104.25 80 17162.15Netwk 18 [5] 34.95 35.70 34.95 36.05 34.90 465.10 50.05 18.10 - 35.65NeueonTowers 0.75 0.75 0.75 0.75 0.75 0.01 1.90 0.30 - - Neuland 2420.65 2430.15 2470.00 2535.00 2410.00 52.05 2543.10 350.00 58 2430.50NewgenSwTech 300.40 304.65 305.00 307.80 300.50 53.96 332.85 112.00 20 305.50Next Media 3.95 3.80 3.65 4.15 3.65 1.64 7.20 3.35 - - NHPC 23.45 23.75 23.50 23.85 23.40 2686.55 26.65 19.40 7 23.75NIIT [2] 168.90 173.45 169.25 179.50 168.90 356.35 210.50 78.15 26 173.40Nilkamal 1869.80 1886.50 1860.95 1896.45 1843.55 15.31 2071.60 969.50 29 1884.05Nippo Bat 703.75 720.45 709.20 726.65 709.20 1.06 774.10 419.20 7 713.70NipponLIAM 326.70 329.15 325.20 332.00 323.00 530.79 374.70 209.50 - - NirajCement 41.15 42.10 41.55 44.50 40.50 0.80 54.45 37.20 - - Nitco 17.80 18.20 18.20 18.70 18.00 21.21 29.65 14.30 - 18.25Nitin Spn 81.45 85.05 81.00 86.55 81.00 226.63 96.00 27.20 15 84.85NK Industries 20.50 20.65 20.55 20.65 20.50 0.02 29.50 8.10 - - NLC India 47.95 48.00 48.15 48.70 47.85 766.55 59.75 40.20 9 48.05NMDC Ltd [1] 134.25 138.40 135.20 139.00 133.15 8403.21 146.25 69.90 11 138.10Nocil 167.40 173.85 168.65 175.20 168.00 435.82 199.35 70.20 40 173.75NovartisInd 580.00 588.50 577.40 597.00 577.40 4.76 684.90 530.05 - - NRAgarwalInd 220.25 219.15 225.00 229.60 217.00 20.72 282.85 156.55 - - NRB Bear [2] 104.45 106.25 104.55 107.30 104.50 85.44 125.35 54.25 53 106.05NRB Ind [2] 24.25 23.05 23.05 23.05 23.05 7.44 27.00 4.35 - 23.30NTPC 99.05 100.60 99.60 101.15 99.2519192.86 114.75 78.10 8 100.45Nucleas Sw 533.40 542.25 535.00 548.85 520.05 53.09 754.40 195.60 13 542.00NURECA 931.50 902.25 954.00 974.80 880.80 129.45 974.80 555.60 - - Nxtdigital 460.80 468.55 463.05 470.00 463.00 0.10 724.80 245.75 - -
O . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Oberoi 558.65 562.40 555.05 582.30 555.05 665.48 635.05 290.10 58 562.60OdishaCeme [2] 1479.75 1541.10 1481.00 1558.00 1479.45 95.17 1690.60 474.80 313 1546.50Oil India 112.65 115.65 112.70 118.90 112.70 1113.75 139.00 74.90 6 115.45OlectrGrnTec 208.85 198.45 198.45 202.00 198.45 364.27 232.05 52.35 - - Omax Auto 40.45 42.10 40.70 42.70 40.15 25.17 59.75 21.10 - 42.05Omaxe 66.60 66.70 66.70 67.15 66.50 17.05 222.20 59.60 - 66.80OMDC [1] 2430.55 2435.15 2434.95 2515.00 2401.00 8.61 3140.00 1132.05 - 2428.30OmInfraLtd 22.45 23.25 22.55 23.40 22.50 51.96 26.75 10.50 - - OnePntOneSol 11.65 12.10 12.20 12.25 11.75 1.83 18.45 9.30 - - ONGC [5] 98.05 102.05 98.05 102.50 98.0525505.62 122.30 60.90 20 102.05OnMobile 101.20 104.30 104.70 108.80 100.80 561.52 133.60 23.45 - 104.50Onward Te 116.30 114.70 117.00 121.05 113.40 76.26 137.90 34.65 26 115.25OptimusInfra 119.50 119.15 116.10 124.30 114.15 77.47 207.45 15.20 - 120.25Oracle Fin [5] 3336.85 3294.60 3380.00 3408.55 3253.25 86.79 3742.40 1967.25 16 3298.10Orbit Exp 59.70 60.55 59.90 61.00 59.45 10.30 88.55 47.75 48 60.00Orient Bell 213.95 212.70 210.50 219.00 210.50 14.96 255.00 51.40 177 212.25Orient Cem [1] 96.60 100.65 98.10 102.05 97.40 555.77 113.80 35.25 13 100.70Orient Htls [1] 23.00 23.20 23.50 24.00 23.00 33.22 29.75 14.40 - 23.20Orient Pap [1] 22.90 23.90 22.90 24.00 22.90 717.49 31.20 15.65 - 23.80Orient Pres 77.95 78.25 84.90 84.95 76.15 2.10 114.95 63.30 - 74.55Orient Ref [1] 281.20 283.80 284.00 289.70 282.00 178.22 308.00 129.50 46 284.45Orient Tri 7.15 6.95 7.00 7.50 6.00 131.54 18.10 5.00 - 7.03OrientAbr [1] 21.65 21.85 21.95 22.40 21.20 30.21 29.35 11.90 18 21.85OrientalArmt 675.55 714.75 672.05 724.00 669.05 30.60 754.80 132.90 - - OrientalCar 899.40 899.85 880.20 917.00 880.20 11.16 1048.00 576.95 13 899.70OrientElect 291.35 294.95 291.30 310.00 282.45 579.30 345.00 151.95 - - Oswal Chem 16.65 16.95 17.00 17.25 16.55 43.46 24.50 8.20 5 17.00OswalAgroMil 9.20 9.50 9.60 9.60 9.15 51.14 16.20 4.50 - 9.48
20 Micron [5] 35.20 36.65 35.95 36.80 35.40 61.74 43.70 24.10 6 36.2521stCentu Mgmt 12.70 12.45 12.45 12.70 12.45 1.09 15.30 9.45 - - 3i Info 7.65 7.40 7.40 7.70 7.3012400.87 9.57 1.18 - 7.383m India 25556.45 26179.90 25788.00 26375.05 25299.95 4.48 30975.00 16770.00 510 26139.903PLandHold 10.20 9.70 10.95 10.95 8.50 78.24 13.55 4.20 - - 5PaisaCap 280.35 292.00 280.00 294.90 280.00 15.73 467.40 140.15 79 291.4063MoonsTec [2] 79.15 81.10 79.15 82.80 79.15 118.07 97.00 49.50 - 81.30
A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .A2Z InfraEng 3.85 3.80 4.00 4.00 3.70 756.05 6.47 3.45 - 3.78AaronIndust 54.95 54.85 54.30 56.40 54.05 0.92 67.95 28.00 - - Aarti Drug 696.05 715.55 697.80 719.35 697.80 559.19 1025.00 155.50 26 715.35Aarti Ind [5] 1347.60 1370.30 1351.35 1390.00 1351.35 198.11 1438.65 850.95 49 1371.70AartiSurfact 1427.85 1538.60 1440.95 1618.95 1440.95 85.85 1624.90 833.00 - - Aarvee Den 24.80 22.50 24.00 24.30 22.35 123.90 26.90 7.75 - 22.50AarviEncon 47.20 46.00 46.05 48.80 45.15 8.38 62.50 24.70 - - AavasFinance 2171.55 2295.40 2219.95 2324.00 2150.05 101.73 2672.05 936.10 69 2297.30AB Money [1] 40.00 40.40 40.40 40.90 39.60 66.96 52.25 19.70 15 40.35Aban Off [2] 30.35 30.10 29.50 30.80 29.50 75.33 42.60 16.65 - 30.20ABB [2] 1309.45 1319.60 1315.00 1335.00 1305.85 169.33 1699.90 722.45 160 1321.70AbbottIndia 15049.70 14959.90 15050.00 15148.90 14920.80 6.24 18569.00 13970.10 49 14958.50ABBPowerPro 1454.70 1441.65 1460.00 1499.80 1420.00 16.69 1659.00 784.10 - - ABCapital 113.50 116.10 114.00 118.00 113.10 2685.45 139.60 41.25 - 116.10ABMInterntl 49.55 50.30 49.60 50.90 47.10 0.16 84.10 14.85 - - ACC 1885.70 1882.15 1895.00 1904.95 1858.00 531.68 2022.75 1001.75 23 1880.40AccelyaKal 867.80 876.75 872.15 878.95 868.40 1.34 1069.00 800.50 32 877.85ACRYSIL 336.00 338.60 333.00 351.40 328.45 129.46 393.55 181.25 - - Action Con [2] 150.20 152.85 150.80 156.90 150.60 213.17 175.95 34.60 32 152.75AcuracyShipg 53.90 53.50 56.30 56.30 52.50 0.95 69.30 31.25 - - Adani Ent [1] 1074.40 1106.35 1077.00 1116.30 1051.0512137.33 1251.70 127.40 570 1105.85Adani Ports [2] 744.65 731.05 750.00 755.75 701.3552812.52 885.00 247.55 71 731.10Adani Pwr 92.80 90.60 89.55 95.00 88.3028128.44 109.00 28.75 - 90.35AdaniGreenEn 1085.65 1116.05 1085.40 1138.00 1035.15 888.79 1341.60 167.50 922 1113.35AdaniTotlGas 990.25 1038.90 996.00 1060.00 950.00 2479.40 1249.95 90.40 - - AdaniTranmsn 924.90 899.25 897.10 913.70 878.70 2133.96 1147.00 167.20 - 899.65ADF Foods 892.65 900.70 883.20 917.55 883.20 19.95 974.30 191.85 56 893.50AdityaBirFas 172.90 176.50 173.80 180.90 170.55 4184.33 223.55 95.65 - 175.60Ador Weld 319.50 319.70 321.80 327.05 317.50 13.86 344.00 209.55 100 319.15AdunikInd 22.65 23.45 22.50 24.40 22.40 149.22 36.50 13.70 - 23.50AdvancedEnz[2] 358.20 359.35 355.00 374.00 352.55 199.97 416.50 134.60 56 359.30Advani Hot [2] 54.50 53.90 54.25 57.20 53.15 13.18 69.55 31.10 - 53.65Aegis Log [1] 288.25 286.35 289.70 292.90 283.50 109.70 340.00 149.00 104 286.00Affle(India) 5238.35 5450.10 5248.00 5549.90 5238.35 53.06 6287.00 1187.15 571 5456.75AGC Net 1464.60 1399.20 1391.40 1500.00 1391.40 47.08 1694.35 228.10 795 1403.00AgriTech Ind 42.45 38.65 38.25 40.95 38.25 105.69 48.00 20.75 - 38.75Agro Tech 818.50 824.35 820.75 846.05 796.00 8.08 945.00 440.05 60 838.55AgroPhosInd 11.35 11.65 11.35 11.85 10.90 29.82 21.00 6.20 - - AhladaEnggrs 100.80 101.00 104.95 109.90 99.65 3.98 115.90 61.15 - - Ahluwalia [2] 285.95 294.95 285.95 298.95 279.25 23.47 333.00 147.00 43 295.05AIA Engg [2] 1902.00 1889.60 1941.00 1941.00 1846.70 40.20 2224.40 1246.00 23 1899.55AIRAN 15.60 15.95 15.60 16.60 15.60 20.84 21.15 8.20 - - Ajanta Phr [2] 1708.90 1725.45 1712.00 1754.95 1704.90 102.75 1883.00 1283.10 24 1725.10Ajmera 110.85 112.90 110.05 117.20 110.05 62.94 151.40 67.45 23 112.95AkashInfProj 192.60 223.85 205.95 231.00 195.80 25.17 259.50 181.60 - - AKG EXIM 46.55 44.25 44.25 44.25 44.25 1.07 112.70 44.25 - - Aksh Opti [5] 6.20 6.35 6.35 6.50 6.20 214.73 9.60 3.90 - 6.38AksharChem 236.85 241.90 236.95 243.40 236.15 7.41 299.00 176.00 16 242.60Akzo 2259.55 2290.00 2225.10 2297.00 2225.10 5.56 2510.00 1760.00 54 2288.20Alankit [1] 15.40 15.90 15.70 17.70 15.10 769.17 21.70 13.00 - 16.00AlbertDavid 412.45 414.00 419.90 421.00 410.70 7.11 557.00 371.45 20 413.25Alembic [2] 101.40 102.55 101.85 104.75 101.65 328.79 122.75 43.50 40 102.50Alembic Ph [2] 960.45 975.80 975.00 983.70 956.15 164.14 1150.00 600.00 15 977.75Alicon [5] 421.30 430.50 420.05 440.65 420.05 2.02 519.00 180.35 - 432.45Alkali Met 52.40 53.00 52.40 54.95 51.85 37.58 68.45 33.30 - 53.15AlkemLabs [2] 2745.55 2751.75 2746.30 2840.00 2736.15 190.42 3150.00 2223.55 21 2754.60Alkyl Amine [5] 5891.65 5984.85 5950.00 6135.00 5921.00 37.53 6299.00 1340.40 48 5988.30Allcargo [2] 123.10 123.85 123.75 125.35 122.55 65.35 155.15 65.00 17 123.90Allied Dig [5] 46.95 48.60 46.60 51.00 46.60 273.47 53.65 11.51 29 48.75Allsec 304.30 323.40 311.80 343.50 305.00 16.03 411.35 132.80 36 325.35Alm.Global [6] 27.20 27.00 25.05 28.30 25.05 1.42 31.00 8.87 - 28.00AlokIndus 20.75 20.80 20.95 21.15 20.65 5009.71 58.50 4.70 - - Alpha Lab 48.65 52.05 49.90 53.65 49.55 342.89 58.40 16.80 14 52.05Alphageo 183.70 183.95 184.00 189.95 180.25 19.50 250.00 130.55 - 183.80Amararaja [1] 799.45 805.15 800.00 809.90 791.65 1001.74 1025.00 488.10 23 805.60AmberEntp(I) 3135.40 3190.05 3120.00 3248.65 3120.00 34.87 3667.50 921.60 244 3193.00Ambika Cot 876.25 898.50 865.00 904.00 861.65 15.88 1200.00 534.15 10 896.20AmbujaCeme[2] 304.30 302.30 305.00 309.05 298.50 5975.42 329.90 157.50 34 302.20AMJLandHold[2] 23.35 23.45 23.20 23.50 21.75 11.62 31.20 14.08 9 22.50Amrutanjan [1] 582.60 605.15 592.60 628.15 592.60 227.00 626.95 321.00 30 604.75Anant Raj [2] 50.60 49.70 50.50 51.30 48.60 298.37 62.55 14.20 - 49.65AnantrajGlob 27.05 27.55 27.85 28.20 26.85 283.81 37.50 20.70 - - Andhar Sug 297.20 314.15 299.45 319.00 292.25 85.10 359.90 186.90 6 313.95Andhra Cem 5.55 5.70 5.55 6.10 5.50 545.44 10.93 2.26 - 5.71AndhraPaper 213.05 212.95 211.75 227.40 211.00 95.00 277.95 160.65 - - AngelBroking 295.05 292.00 295.00 298.95 289.50 59.51 408.00 222.20 - - Anik Ind 14.10 13.95 13.80 14.90 13.35 12.13 25.70 7.35 - 14.07AnjPortCemen 208.00 209.10 206.10 211.90 206.10 18.12 249.40 100.00 8 209.55Ankit Met 1.00 0.95 1.05 1.05 0.95 30.36 2.03 0.35 - 0.97Ansal Hsg 5.15 5.10 4.95 5.35 4.75 14.80 8.50 2.85 - 5.26Ansal Pro [5] 6.40 6.35 6.50 6.65 6.10 90.03 13.89 3.60 - 6.50AntnyWastHdg 247.00 248.75 247.00 251.90 246.10 48.99 489.90 241.00 - - AnupamRasayn 553.65 580.40 559.10 585.00 551.90 659.16 586.00 474.00 - - Apar Ind 453.60 458.10 455.05 464.00 446.00 50.97 499.60 275.00 15 456.55Apcotex Ind [2] 174.25 180.15 173.00 186.30 173.00 127.81 196.70 85.00 38 180.05ApexFznFoods 201.90 204.75 203.05 215.00 203.05 90.13 328.80 170.15 14 205.90APL Apl [2] 1230.30 1223.95 1225.00 1234.95 1207.55 84.76 1446.35 231.00 122 1222.85Apollo Hsp [5] 3004.75 2980.75 3032.35 3061.90 2951.00 544.92 3283.90 1230.25 587 2978.40ApolloMicSys 87.75 91.05 87.60 91.40 87.55 64.55 155.20 55.25 22 90.95ApolloPipes 977.80 1022.25 990.10 1045.00 990.10 64.27 1063.90 255.05 - - ApolloSindo 590.00 595.65 585.50 608.00 565.00 3.98 704.65 390.25 - - ApolloTyr [1] 203.50 215.45 204.50 217.90 203.0013740.61 261.20 81.60 22 215.65Aptech 194.40 202.95 194.80 209.40 194.80 334.02 248.00 74.90 - 203.00Archies [2] 10.70 11.15 10.70 11.90 10.70 24.37 15.45 9.00 - 10.99Aries Agro 81.75 83.75 83.30 84.60 82.85 17.95 118.45 44.05 7 83.40Arih.Found 18.75 19.60 18.05 19.65 17.85 8.65 30.40 11.80 - - ArihantSuper 41.35 45.60 42.95 49.50 39.45 270.98 48.65 16.50 - 46.30ArmanFinServ 582.95 591.10 606.45 606.45 575.00 9.23 815.00 287.30 52 590.05AroGranite 38.20 39.80 37.55 40.15 37.55 24.49 65.45 19.60 16 39.95Arss Infra 21.75 25.25 23.00 26.10 21.60 162.55 32.85 11.03 - 25.45ArtemsMedSvc 202.35 200.25 208.45 208.45 198.95 19.94 271.70 135.00 - - Arvind 61.05 63.85 61.00 64.40 60.85 712.50 84.20 19.90 20 63.85ArvindFash [4] 131.75 133.70 132.00 136.40 131.60 119.87 188.80 107.95 47 133.85ArvindSmart 95.70 98.15 95.00 99.00 95.00 66.78 131.50 56.20 19 97.90Asahi India [1] 313.65 321.25 313.65 324.00 310.05 46.53 347.35 137.15 71 320.50Asahi Song 316.25 318.80 312.95 321.00 307.00 16.53 361.15 83.10 14 318.10Ashapura [2] 115.55 121.05 117.50 122.70 112.55 330.50 143.00 23.95 - 121.25Ashiana [2] 133.10 134.55 136.65 138.80 133.65 31.97 164.00 39.00 76 134.60Ashima 15.95 15.35 15.60 16.50 15.25 68.06 18.34 3.85 - 15.35Ashok Ley [1] 112.15 115.30 113.05 115.80 111.5023622.79 138.85 42.05 - 115.30Ashoka Bld [5] 87.35 90.85 87.35 92.65 86.75 1257.10 118.65 46.05 6 90.65Asian Gran 159.25 163.15 160.90 167.90 156.50 326.84 318.00 109.15 13 163.65Asian Htl-E 156.55 157.15 157.80 159.95 156.85 0.26 194.30 117.00 82 158.20Asian Htl-N 64.55 64.50 67.20 67.20 62.60 5.33 79.70 44.25 - 62.60Asian Htl-W 207.70 208.40 217.00 217.00 200.75 1.04 344.95 180.00 - 209.10Asian Paints [1] 2602.20 2570.70 2600.00 2626.00 2564.30 1200.23 2871.40 1482.85 91 2571.50Aspinwall&Co 173.00 171.80 184.55 184.55 170.05 1.59 233.70 86.65 - - AssoAlchohol 408.85 412.75 396.50 416.40 396.10 72.08 460.00 159.10 - - Aster Life 1043.00 1039.70 1051.00 1070.95 1023.25 12.87 1365.00 382.00 28 1040.05AsterDMHealt 142.95 141.65 144.60 147.40 140.85 997.33 179.90 83.05 - 141.80Astra Mic [2] 114.90 115.95 116.80 117.25 112.90 225.68 158.00 57.60 105 116.10Astral Poly [1] 1514.90 1440.85 1520.00 1531.35 1411.20 931.84 1987.50 576.00 124 1435.45AstraZen [2] 3389.95 3541.45 3453.50 3570.00 3393.35 160.44 4970.00 2540.00 117 3540.45AstronPaper 39.20 40.70 40.00 41.45 39.65 31.31 59.50 26.75 28 40.90Atlanta [2] 7.00 6.95 6.90 7.20 6.50 7.35 11.62 3.15 - 6.99Atul 7769.25 7749.00 7875.00 7922.00 7646.95 18.65 8129.80 3986.10 38 7755.40Atul Auto [5] 170.25 170.35 170.25 174.00 168.15 70.65 218.35 145.00 - 170.40Aurionpro 177.55 164.05 176.15 178.50 160.00 213.95 187.90 37.60 27 164.90AurobindPhr [1] 915.20 909.25 917.10 925.00 889.50 1693.07 1023.10 464.35 18 909.75AUSmallFinBk 1076.50 1080.80 1076.50 1105.90 1034.85 2453.72 1356.35 366.20 30 1081.45Ausom 52.40 54.55 53.45 54.95 51.00 22.27 83.65 23.50 4 53.00Auto Axl 995.95 1007.35 991.00 1032.45 985.65 16.04 1250.00 403.75 267 1008.30Autoline 37.10 35.30 36.05 36.25 35.25 55.57 44.65 11.99 - 35.20AvadSug&Egy 184.60 192.10 186.30 194.00 185.20 70.83 244.50 117.65 5 191.90Avanti Feeds [1] 451.95 463.80 451.90 474.30 451.00 323.82 587.35 361.80 21 463.90AvenuSupmart 2814.90 2832.70 2832.95 2885.00 2812.00 267.79 3328.00 1900.00 180 2834.55AVT Natl [1] 44.00 45.00 44.40 45.35 44.10 65.08 55.80 29.00 17 44.90Axis Bank [2] 635.60 661.00 635.60 664.85 630.0012737.65 800.00 333.05 80 661.25AxisCades [5] 52.85 59.90 51.95 63.40 51.20 1320.13 73.50 28.00 - 59.65AYM Syntex 44.80 45.30 44.75 46.90 44.40 5.54 60.90 14.10 - 47.00
B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .BAG Films [2] 1.95 2.00 1.95 2.00 1.90 59.78 4.10 1.45 - 2.05Bajaj Auto 3541.00 3602.45 3569.00 3623.70 3515.20 412.12 4361.20 2274.95 23 3599.50Bajaj Elect [2] 1049.25 1059.15 1058.00 1068.00 1024.45 93.08 1123.70 306.00 107 1058.45Bajaj Hind [1] 6.20 6.25 6.20 6.35 6.15 4377.01 8.46 3.31 - 6.28Bajaj Hld 3279.95 3331.00 3264.05 3415.95 3250.10 25.10 3784.80 1850.00 29 3347.55BajajConCare[1] 269.95 285.70 270.35 293.00 270.15 1880.55 298.30 129.00 22 286.20BajajFin [2] 4511.00 4728.75 4535.10 4774.90 4514.05 3175.02 5921.75 1783.10 77 4727.40BajajFinserv [5] 9163.15 9806.70 9200.00 9847.50 9190.05 830.9210586.40 3985.60 475 9809.95Bal Phr 62.60 63.15 63.05 65.10 62.05 74.03 73.00 33.50 - 63.20Balaji Amn [2] 1854.00 1867.95 1887.00 1909.90 1823.90 133.11 2048.00 304.70 33 1866.30Balaji Tele [2] 54.80 55.45 56.25 56.25 54.30 80.62 101.70 37.45 25 55.40BalaxiVentre 597.55 593.45 597.30 597.55 586.80 1.87 829.95 102.50 - - Balkrishna [2] 1606.20 1673.85 1605.15 1678.85 1600.15 539.26 1885.00 823.90 31 1674.45BalmerLaw 120.95 124.60 121.00 125.10 121.00 253.13 170.95 87.80 20 124.55Balrampur [1] 226.95 237.60 227.00 241.60 219.25 3474.99 247.90 82.85 11 237.70Ban.Amn.Spg[5] 61.90 63.60 62.90 66.90 60.05 7.84 82.48 35.10 - 63.90Ban.Amn.Sug 1609.85 1593.15 1610.25 1665.00 1540.00 5.58 1989.00 800.00 20 1581.60Banar.Beads 46.25 47.50 47.45 48.00 47.25 0.92 70.55 29.75 11 46.05Banco Ind [2] 142.45 145.30 142.00 146.60 141.30 116.22 174.90 60.00 16 145.30BandhanBank 327.55 331.90 334.80 341.00 318.6012109.90 430.25 173.50 20 331.85Bang Over 25.80 27.60 28.10 28.10 26.25 2.10 34.65 14.40 - 28.00BankaBioloo 58.85 60.30 60.50 64.70 57.05 8.85 84.10 34.75 - - Bans.Syn 94.55 94.60 95.15 98.90 92.70 17.30 144.00 60.05 - 93.75Barbequenation 688.35 687.65 691.00 706.25 674.00 290.36 833.70 481.85 - - BASF 1940.40 2118.35 1966.00 2159.95 1953.00 106.87 2370.00 939.00 45 2115.20Bata India [5] 1305.90 1313.00 1306.00 1331.45 1300.75 409.57 1705.00 1152.80 - 1313.95Bayer Crop 5114.65 5128.50 5179.00 5179.00 5075.10 4.35 6550.00 3716.20 47 5129.75BCLIndust 109.40 118.70 110.20 122.70 109.55 397.94 148.00 98.00 - - BCPowerCon [2] 3.35 3.25 3.30 3.30 3.20 222.53 12.83 2.89 - 3.22Beardsell [2] 9.55 10.15 9.60 11.45 8.00 55.35 11.85 6.00 - 10.32Bedmutha 24.50 25.65 25.35 26.95 24.75 15.62 29.05 10.14 - 25.00BEL [1] 121.90 125.60 122.10 126.20 121.65 6476.86 154.95 57.75 18 125.60BEML 1169.65 1203.95 1183.50 1220.00 1178.10 334.40 1544.25 534.00 50 1213.10BergrPaintIn [1] 728.20 725.20 724.60 738.90 721.00 555.91 824.80 431.55 102 724.95BestAgrolife 401.65 395.85 402.80 409.35 390.00 5.39 600.00 340.10 - - BF Inv [5] 275.00 282.50 276.40 298.00 276.05 6.65 368.40 224.30 27 281.60BF Util [5] 239.05 241.55 241.00 244.50 238.45 107.43 317.65 135.50 - 241.95BGR Engy 44.35 45.50 44.50 46.70 44.20 165.17 65.10 21.25 - 45.20Bhageria Ind [5] 153.95 155.90 154.90 156.70 154.00 20.24 192.55 84.30 12 155.95BhagyangrPr [2] 28.80 29.20 29.05 29.95 28.80 6.73 34.10 16.55 - 28.25Bhans.Eng [1] 149.70 157.70 150.00 159.90 148.80 1271.08 179.00 32.00 15 157.75Bharat Bij 1101.75 1112.40 1085.00 1115.00 1085.00 4.59 1271.00 618.50 23 1115.50Bharat For [2] 581.00 590.55 581.60 595.15 578.75 1049.51 676.10 229.30 213 590.40Bharat Gea 76.20 78.55 78.25 81.75 76.55 30.68 95.55 32.20 - 78.55Bharat Ras 9666.60 9565.05 9699.95 9798.00 9500.00 1.4311699.00 5805.45 26 9552.85BharatDynamc 333.85 336.70 330.25 340.00 328.00 123.75 481.25 207.00 20 335.45BharatRdNwk 28.50 29.00 28.50 30.50 28.50 16.52 53.90 27.90 - 29.25Bharti Air [5] 522.45 536.15 526.40 540.00 523.10 6535.01 623.00 394.05 - 536.00Bharti Infr 200.45 201.65 201.05 212.95 200.00 6.90 251.60 75.00 111 201.60BHEL [2] 45.05 46.55 45.55 46.80 44.6056028.76 56.50 20.40 - 46.55BigBlocConst 88.10 83.70 83.70 92.30 83.70 29.53 176.65 23.05 - 83.05Biocon [5] 404.30 406.95 406.70 412.35 401.35 2068.04 487.70 320.90 165 406.90BirlaCable 57.40 58.45 58.20 59.00 57.30 41.30 74.10 33.45 - 58.35BirlaCorp 922.10 940.90 923.00 950.00 897.25 170.94 1014.20 372.50 25 939.95BIRLASOFT 256.85 257.20 258.80 263.60 249.00 737.78 285.00 62.55 - - BirlaTyres 22.40 23.90 22.10 24.45 22.10 321.59 53.10 3.90 - - Bk of Ind 66.65 71.50 67.60 73.45 66.1517595.75 101.45 31.00 - 71.55Bk of Mah 22.85 27.00 23.00 27.40 22.8570301.28 27.73 8.32 - 27.00Bk ofBar [2] 66.10 68.90 67.15 69.30 66.3049363.12 99.80 36.05 15 68.90BKMInd [1] 0.95 0.95 0.95 0.95 0.95 0.86 1.58 0.40 - 0.92Bliss GVS [1] 96.00 97.05 97.70 98.10 95.00 152.03 224.00 86.00 13 97.00BLSIntlServ [1] 88.25 90.50 87.25 90.80 87.25 50.65 133.15 27.25 44 90.50Blue Dart 5234.10 5248.40 5234.10 5390.95 5201.35 16.70 5847.95 1860.00 5096 5240.15BlueChip [2] 0.25 0.30 0.30 0.30 0.30 7.06 0.38 0.34 - 0.38BlueStar [2] 867.90 867.60 875.00 890.00 860.00 136.00 1025.00 451.55 242 865.45Bodal Chem [2] 87.90 91.30 89.05 92.45 88.65 1237.20 109.55 42.00 22 91.20Bomay Bur [2] 1185.45 1214.15 1191.00 1248.00 1191.00 35.59 1566.80 771.15 - 1210.10Bombay Dye [2] 68.20 69.35 68.90 69.75 68.25 938.49 89.80 44.25 - 69.35Bombay Ray 6.85 7.00 7.15 7.15 6.80 32.74 15.85 2.91 - 7.01BOROSIL 181.55 187.45 186.00 188.35 183.40 136.15 254.00 152.10 - - BorosilRenew 223.65 236.55 230.00 238.50 225.25 704.95 324.00 33.60 - - Bosch 13681.95 13887.95 13625.00 14039.45 13447.10 58.29 16900.00 9021.60 70 13895.20BPCL 403.95 409.40 405.00 412.50 402.20 4032.16 482.40 291.75 12 409.50BPL 21.85 22.45 22.30 22.60 21.85 41.69 29.30 13.80 10 22.20Brigade 255.80 266.40 260.00 269.70 258.15 298.16 300.00 90.70 45 266.40BrightcomGr [2] 7.60 7.80 7.60 7.85 7.55 1426.76 13.02 3.81 - 7.81Britannia [1] 3812.75 3746.00 3814.10 3847.00 3729.05 411.66 4015.00 2700.00 50 3744.50Brooks Lab 69.95 71.15 70.95 71.80 68.85 48.23 77.70 20.25 - 70.65BSE 575.30 572.20 579.85 581.65 563.30 262.15 658.00 320.20 - - BSEL Infra 0.90 0.90 0.90 0.90 0.90 24.75 1.60 0.72 - 0.81BSL 34.35 34.90 35.30 35.40 33.90 11.11 41.80 19.35 - 34.65BtrflyGandhi 582.60 623.70 598.00 630.60 597.95 272.49 668.40 91.60 57 622.10BurgrKng(In) 132.55 132.15 131.00 134.25 131.00 1221.97 213.80 108.40 - -
C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Cadila HC [1] 499.70 489.95 512.00 513.30 478.55 9426.41 532.05 318.10 28 488.55Calif.SW 9.20 9.00 9.00 9.35 8.55 30.27 15.67 6.25 - 9.05Cambridge 29.45 29.75 29.50 30.00 29.00 11.74 53.00 14.00 29 29.40Camlin Fine [1] 133.95 139.85 135.95 140.75 133.25 195.22 160.70 35.45 77 140.00Canara Bk 132.20 137.35 135.00 137.95 131.5520101.92 174.40 75.80 - 137.35CanFinHom [2] 512.15 516.10 510.10 518.00 495.15 399.81 619.00 264.65 16 515.50Cantabil 372.55 374.35 372.85 377.40 370.85 97.58 444.95 207.95 88 373.15CapaciteInfr 184.20 192.55 184.00 194.80 184.00 76.02 229.90 70.15 - 192.60Caplin Point [2] 450.55 452.95 450.75 458.95 448.60 65.54 686.00 285.00 20 453.35CapriGlo [2] 393.75 393.30 399.25 400.95 391.00 70.06 423.00 115.00 44 393.90CARE 446.65 448.45 445.55 461.10 445.55 130.34 588.00 296.05 17 448.90
CarrerPnt 133.20 129.80 133.15 133.90 128.35 15.26 202.00 114.00 16 129.75CastrolIndia [5] 122.70 122.45 123.60 123.60 121.20 522.19 140.35 104.00 21 122.50CCL Prd [2] 232.70 239.75 230.50 242.00 230.20 149.30 293.80 174.20 21 239.60Ceat 1445.75 1445.80 1448.65 1488.75 1421.15 183.08 1763.15 713.00 16 1446.05Cent Enka 247.00 258.45 249.00 259.80 247.45 36.58 286.15 125.10 11 258.90Cent.Bk 16.90 18.10 17.40 18.40 16.9530766.24 26.40 10.04 - 18.05Cent.Elec 383.70 394.60 407.85 407.85 384.30 2.77 490.00 210.55 18 392.95Cent.Ext [1] 4.40 4.55 4.40 4.70 4.40 116.01 7.11 1.95 - 4.50Cent.Ply [1] 292.15 303.25 289.50 305.00 288.15 142.31 340.00 100.20 43 303.50Cent.Txt 455.35 459.20 453.10 468.20 448.70 503.13 549.25 254.20 38 459.30CentDepoSer 706.15 710.20 712.00 736.85 706.00 667.03 769.95 211.20 - - CentrumCap [1] 24.95 25.50 24.90 26.00 24.80 2324.62 29.25 9.62 - 25.65Cera San [5] 3757.65 3800.15 3742.00 3867.95 3742.00 22.28 4168.40 2083.10 51 3806.40Cereb.Int 50.10 51.35 50.55 52.10 49.20 767.42 64.00 20.50 - 51.30CESC 590.15 590.80 595.00 603.50 589.10 211.82 730.00 461.00 10 591.05CGPowr&InS [2] 74.65 70.95 72.00 73.05 70.95 9428.96 80.45 5.46 46 71.00ChaletHotels 137.75 136.95 137.05 138.50 136.00 161.83 215.25 99.00 - 137.00Chamb.Frt 225.35 225.40 224.50 228.50 222.05 572.96 267.00 116.75 7 225.35ChembondChem 183.10 187.65 187.60 189.00 182.15 7.77 172.50 112.00 21 139.40ChemconSpecl 410.65 414.15 413.00 419.00 408.00 112.77 731.25 398.00 - - ChemfabAlkal 136.30 139.85 135.70 147.70 135.70 38.76 173.65 107.95 - - CholaFin [2] 510.85 532.45 512.00 543.90 507.2012185.36 588.00 120.20 33 532.45CholamandFn[1] 567.50 575.85 567.50 579.50 567.50 23.18 618.30 222.00 - 575.90Cigniti Tech 403.55 415.40 403.00 420.00 402.00 114.84 506.00 202.90 20 416.75Cineline Ind [5] 30.65 31.55 31.00 32.00 30.30 18.75 51.00 18.15 9 31.40Cinevistaas [2] 10.15 12.15 11.00 12.15 10.45 381.04 11.68 4.34 - 11.68Cipla [2] 902.40 885.20 921.95 932.60 878.3011667.20 940.00 565.90 27 885.20CitiUn Bk [1] 159.60 162.45 159.00 164.60 158.95 1422.54 199.80 115.55 31 162.50Clari.Chm 388.30 392.90 389.10 394.40 383.80 58.19 608.00 264.80 21 392.65CLEducateLtd 84.00 81.15 83.35 84.10 79.80 45.55 101.45 30.20 - 81.15Coal India 124.70 127.95 124.80 128.45 124.80 7809.48 162.95 109.50 5 127.70CochinShip 356.65 360.55 355.00 362.50 353.75 104.21 426.00 218.65 9 361.15COFORGE 3118.30 2890.50 3140.00 3150.00 2817.70 1192.33 3195.45 1019.40 - - Colgate [1] 1559.20 1539.65 1555.00 1588.95 1534.25 590.21 1675.80 1257.20 45 1539.25CompuageInf[2] 15.60 15.30 16.15 16.25 15.20 353.58 21.45 8.20 4 15.35Compucom [2] 8.85 9.00 9.40 9.60 8.80 207.42 11.30 4.80 - 8.98ComputerAge 1797.50 1792.95 1795.00 1815.70 1780.00 53.71 2023.30 1260.00 - - Con.FinHld 55.35 56.00 56.00 58.00 55.00 2.60 78.40 26.55 - - Concor [5] 565.25 573.70 571.00 575.75 561.40 1136.42 643.90 329.75 44 573.55ConfdnPetIn [1] 39.65 40.30 39.70 40.80 39.70 258.90 49.40 16.50 - 40.20ControlPrint 234.00 235.30 237.35 239.20 233.25 11.40 292.00 177.65 15 235.75CoralIndFin [2] 20.35 20.55 21.35 21.40 20.25 8.78 35.16 11.65 11 20.55Cords Cab 40.00 39.80 39.55 40.85 39.50 12.99 52.70 26.80 7 40.00Corom.Intl [1] 756.90 741.45 745.05 754.90 732.60 261.98 880.00 507.00 16 741.90Cosmo Film 630.20 645.05 638.40 696.40 633.85 46.44 725.00 226.25 6 645.05CounClubH [2] 4.15 4.00 4.15 4.25 3.85 60.25 7.29 2.03 - 3.96CPCL 93.55 95.75 93.00 96.75 93.00 320.76 132.55 47.70 - 95.75CraftsmnAuto 1366.00 1368.40 1372.00 1387.95 1361.15 36.74 1530.00 1350.00 - - CrdtacsGramn 562.05 584.35 562.05 597.45 554.60 182.93 839.00 327.40 98 580.85CreatPer&Dis[5] 3.00 3.00 2.85 3.00 2.85 0.50 4.59 0.95 - 2.85CreatPer&Dis 99.25 100.55 101.00 102.75 100.00 6.86 151.00 67.55 - - Crest Ventu 78.10 80.00 78.65 82.00 78.60 2.21 112.50 44.60 - 80.00Crisil [1] 1812.65 1854.30 1848.00 1859.80 1807.05 15.11 2125.00 1292.55 83 1851.50CromGreCon [2] 381.75 367.85 381.20 384.45 363.40 1914.34 455.60 196.40 50 367.65CSB BANK 253.55 251.20 250.10 255.00 248.00 136.11 279.75 108.30 38 251.10CubexTub 17.55 19.30 16.95 19.30 16.60 29.92 25.00 9.55 - 19.00CUMI [1] 500.75 506.75 509.80 525.00 500.00 105.29 571.45 203.00 51 508.50CumminsInd [2] 818.45 839.65 810.10 843.60 804.00 816.56 933.45 312.85 42 839.80Cupid Ltd 214.80 217.05 221.00 221.00 215.05 42.50 295.00 151.05 9 217.10Cybertech 122.65 125.80 125.90 129.90 123.05 175.77 182.00 28.50 20 125.85CYIENT Ltd [5] 662.55 690.65 660.00 704.00 660.00 195.81 710.00 184.15 33 690.30
D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .D P WIRES 103.90 106.05 107.90 107.95 105.00 2.22 142.75 47.35 - - Dabur [1] 554.75 560.25 555.20 565.70 554.30 3181.85 566.00 421.45 74 560.35Dalm.B.Sug [2] 188.75 202.95 188.00 206.90 187.90 336.90 207.50 55.00 6 202.90DamodarInd [5] 23.30 22.95 23.95 24.50 21.40 109.19 41.45 16.25 - 23.20DangeeDums 129.70 130.90 133.85 133.85 130.00 30.49 174.75 105.95 - - Datamatics [5] 114.65 116.90 115.15 118.55 113.50 135.32 135.40 40.85 28 116.90DB Corp 85.80 86.55 85.00 88.85 85.00 216.95 107.00 59.00 15 87.00DB Stk [2] 8.55 8.70 8.50 10.20 8.35 12.85 11.67 7.01 - 9.00DCB Bk 92.30 94.10 92.80 94.55 91.70 1729.02 126.50 58.10 9 94.10DCM 24.50 24.70 25.00 25.00 23.85 7.50 41.70 14.60 - 23.90DCMShriram [2] 528.25 512.30 529.10 548.00 507.00 238.47 577.70 221.45 12 512.00DCW [2] 28.80 29.95 29.30 30.15 28.65 2035.44 33.10 9.10 - 29.85De Nora 248.50 249.90 244.95 252.80 244.95 2.35 363.60 146.30 30 250.00Deccan Cem [5] 416.05 421.35 417.00 425.00 414.25 34.02 469.00 190.20 6 420.60DeepEneResou 34.25 34.15 34.05 34.75 33.50 19.16 89.90 33.00 - - Deepk.Fer 240.60 245.60 246.95 249.90 240.15 358.29 276.40 76.26 15 245.25Deepk.Ntr [2] 1582.80 1587.10 1596.00 1627.50 1568.40 785.14 1749.95 436.20 58 1586.55Delta Corp [1] 151.60 155.25 153.00 157.40 152.40 1609.88 201.95 65.40 - 154.75Delta Mag 28.55 27.85 27.70 28.90 27.50 2.89 37.20 17.00 - 30.45Den Net 46.20 47.15 46.20 47.80 46.20 589.46 115.05 33.10 10 47.10Dewn HsgFin 14.60 14.15 14.15 14.50 13.90 2035.62 43.00 9.94 - 14.15DFMFoods [2] 340.85 343.40 340.00 349.50 338.20 17.14 443.70 170.00 65 343.85Dhamp.Sug 181.05 189.65 182.40 191.90 182.40 685.17 208.00 87.30 5 189.65DhaniService 211.35 204.10 206.05 208.85 200.80 3084.72 395.95 63.50 - - Dhanlk.Bk 14.15 14.35 14.10 14.50 14.10 390.34 17.93 8.30 11 14.35Dhanuka Ag [2] 719.75 728.30 713.20 732.80 692.00 38.12 935.00 398.65 17 726.15Dhar.Sugar 6.10 6.10 5.90 6.25 5.90 8.21 8.73 3.97 - 6.11Dhun.Inv 279.90 275.70 286.85 286.85 273.25 2.07 346.10 122.40 49 276.70Dhunseri Tea 247.20 249.95 252.90 254.10 245.00 1.80 305.00 128.00 4 247.65DhunseriVent 91.55 93.50 91.70 94.95 91.70 8.74 108.40 47.25 - - DIC India 390.65 395.00 390.10 395.50 386.05 3.95 458.80 283.10 35 384.70Digicontent [2] 8.10 7.90 7.50 8.00 7.30 28.51 17.20 3.99 - 7.88DiligenMedia [1] 0.75 0.75 0.75 0.75 0.70 35.81 1.04 0.32 - 0.71DilipBuildco 558.45 554.20 558.45 569.00 550.00 235.07 719.00 207.25 25 552.90Dish TV [1] 9.25 9.30 9.30 9.50 9.20 2530.81 16.30 4.24 2 9.28DishmanCar [2] 111.10 113.60 111.95 115.95 111.90 261.28 216.65 63.45 - 113.60Divi'sLabs [2] 3779.65 3718.45 3847.00 3850.00 3702.00 606.70 3913.00 2094.60 53 3720.25DixonTec(In)[2] 3557.55 3520.80 3533.00 3598.00 3505.00 194.92 4588.00 729.40 150 3520.20DLF Ltd [2] 246.60 255.70 248.60 258.50 246.1016183.49 332.60 125.05 - 255.80D-Link [2] 99.55 101.20 99.05 102.00 98.95 89.25 136.05 67.20 14 101.10DolatInvest [1] 62.95 64.50 62.95 65.90 62.55 157.76 73.25 33.70 11 64.30DollarInd [2] 245.80 241.90 242.20 259.90 239.25 208.24 283.95 98.00 17 241.30Donear [2] 29.00 29.20 29.50 30.15 28.90 21.69 41.75 19.00 - 29.65DPAbhushan 119.85 120.65 122.20 122.20 117.65 0.26 136.00 70.05 - - DPSC 12.25 12.60 12.10 13.00 12.10 15.32 17.80 6.55 - - Dr Reddy [5] 4996.95 4777.30 5144.70 5144.70 4751.10 3937.23 5514.65 3610.75 33 4780.60Dred.Corp 347.15 351.65 350.00 356.95 339.90 112.74 456.95 165.55 - 354.25DrLalPathLab 3336.55 2947.95 3335.00 3359.90 2905.00 1583.64 3398.95 1445.50 104 2948.80DuconInfrTec[1] 6.25 6.45 6.25 6.80 6.25 36.46 8.48 2.55 - 6.45Dwarikesh [1] 30.65 31.70 30.70 32.15 30.55 1485.42 38.70 16.50 7 31.75Dynac.Sys 73.70 74.70 76.00 77.90 73.10 97.42 89.00 15.55 10 75.30Dynamatic 975.15 998.65 984.55 1020.00 970.25 6.73 1110.00 459.05 16 998.05DynemicProd 459.60 477.15 460.20 493.00 455.55 81.37 549.95 96.50 18 473.80
E . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .EasyTripPlnr 187.95 192.05 191.00 196.80 186.10 722.01 234.00 166.95 - - EbixcashWrld 458.10 460.30 470.00 470.00 458.10 1.35 559.00 296.05 - - Eclerx 1205.00 1154.35 1205.00 1248.00 1125.00 105.62 1245.00 368.95 19 1151.90EdelFinSer [1] 64.60 65.10 63.80 65.90 61.55 1965.05 91.70 33.55 - 65.05EicherMotor [1] 2427.20 2493.85 2427.20 2504.95 2420.20 720.90 3035.50 1285.20 56 2494.55EID Parry [1] 311.05 311.60 312.00 330.90 308.20 847.46 371.25 132.50 45 311.20EIH [2] 87.25 89.05 87.10 90.15 87.10 415.32 112.50 53.65 - 89.25EIH A Htl 224.65 226.80 226.00 229.60 222.00 5.36 310.00 180.00 - 226.90Eimco 326.70 334.80 335.85 342.45 323.00 2.15 423.00 210.00 16 334.00Elec. Eng [2] 63.00 64.70 63.10 66.10 63.10 210.85 72.00 18.40 10 64.55Elec.Stl.Cs [1] 29.20 31.20 29.40 31.80 28.90 1180.44 34.00 7.56 - 31.35Electrotherm 103.05 105.90 105.00 106.75 103.25 6.55 154.00 76.20 - 105.70Elgi Eqp [1] 191.60 194.25 188.00 197.00 188.00 24.65 218.70 56.25 63 194.50Elgi Rbr 26.90 27.10 26.50 27.45 26.50 4.87 36.45 10.15 - - Emami [1] 505.90 516.05 508.00 519.50 494.35 505.62 525.00 169.00 66 516.45EmamiPapMi [2] 99.85 119.80 99.05 119.80 99.05 232.28 153.80 60.60 - 119.70EmamiRealty[2] 44.05 45.85 43.50 46.40 43.00 21.96 73.55 22.60 - 46.30Emkay Glo 63.25 63.60 64.35 65.95 62.90 14.35 90.95 28.05 - 63.65Emmbi Ind 77.80 79.55 78.95 80.90 76.45 36.97 100.80 52.00 17 79.10EnduranceTec 1295.20 1298.80 1286.05 1314.00 1273.35 42.24 1540.00 562.00 55 1301.10Eng.India [5] 71.45 71.85 72.15 72.80 71.20 2175.11 93.60 59.55 11 71.85Ent.Net.Ind 141.40 142.65 143.80 145.05 140.15 24.80 189.75 115.10 - 142.40EPL 212.60 213.80 212.75 216.25 211.20 611.31 318.60 158.00 - - EqitsSmlFnBk 52.05 53.85 52.25 56.35 52.00 1367.57 68.25 30.05 - - Equitas Hold 77.55 82.30 78.50 82.95 78.50 2071.89 101.90 38.60 19 82.25ErisLifeSci [1] 592.05 592.70 591.15 603.00 587.00 73.29 644.00 400.00 24 591.90Eros Intl 22.35 23.20 22.35 23.75 22.35 143.21 33.90 10.62 9 23.55Esab Ind 1803.20 1829.00 1800.00 1970.65 1790.60 15.99 2120.00 907.10 49 1835.10Escorts 1216.00 1234.10 1216.55 1242.75 1196.75 1082.27 1468.40 660.40 22 1233.70Essar Shp 7.65 7.95 7.90 8.05 7.75 42.82 12.80 5.31 - 7.84Ester [5] 115.10 119.80 114.00 121.00 114.00 270.86 137.00 27.05 7 120.55Eurotex 7.00 7.35 7.35 7.35 7.35 0.00 10.92 3.85 - 6.75Ever.Kanto [2] 70.80 72.85 71.00 74.40 70.20 307.10 88.00 12.90 12 72.85Everady [5] 270.80 279.20 274.70 282.80 270.80 234.20 333.15 56.50 14 279.40Everest Ind 293.85 292.25 291.00 297.90 290.00 21.45 349.05 153.00 11 297.05Excel Ind [5] 799.70 827.45 805.00 837.45 805.00 15.80 1024.50 535.45 17 830.70Excel Realty 2.55 2.65 2.55 2.65 2.45 47.41 3.84 0.82 - 2.62Exide [1] 176.30 179.45 176.15 180.95 176.15 3152.94 220.60 137.20 22 179.35ExpleoSolu 563.05 587.15 567.05 594.95 566.50 35.76 645.00 149.00 - -
F . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .FACT 104.85 110.55 106.00 115.00 105.90 1075.61 139.35 36.65 27 110.55FaircheOrgan 759.25 779.50 757.00 788.65 757.00 41.69 800.00 580.30 - - FDC [1] 302.55 312.65 306.00 315.00 304.70 646.50 378.00 228.00 17 312.55Fed Bk [2] 71.20 77.00 71.50 77.50 71.0539859.53 92.40 36.85 11 77.00Fed.Goetze 291.15 295.45 291.05 298.95 291.05 6.40 472.00 247.85 170 296.05Fiem Ind 549.15 548.30 550.25 565.00 540.05 9.97 687.40 243.00 15 548.45Filatex [2] 69.20 73.30 69.45 73.90 69.45 753.31 81.30 22.50 24 73.80Fin.Cable [2] 359.80 373.80 373.90 379.00 361.00 117.03 426.45 192.30 19 373.45FineOrgInd [5] 2449.65 2516.85 2530.00 2585.80 2472.25 51.66 3258.25 1826.00 64 2512.10FineotexChe [2] 62.00 63.05 62.50 64.25 62.05 145.47 76.20 20.55 22 63.20Fino.Ind 676.10 698.50 681.00 702.00 680.90 292.09 715.40 355.20 18 698.30Firstsource 111.80 116.40 113.70 116.95 111.05 3622.67 125.50 28.80 27 116.35ForceMotors 1123.55 1134.95 1124.00 1145.65 1118.45 16.67 1559.95 758.00 - - Fortis Hlt 205.95 200.90 206.20 209.45 199.25 5224.44 227.20 113.20 - 200.75Foseco 1191.65 1193.00 1189.30 1198.00 1179.00 0.35 1497.00 942.10 49 1193.00Fut. Life [2] 56.55 55.65 55.50 58.30 54.15 202.21 169.80 46.95 - 55.75Fut. Mkt 14.65 14.30 13.95 15.35 13.95 33.66 32.55 10.02 - 14.38FutEntpDVR [2] 11.80 11.70 12.70 12.70 11.40 39.73 23.70 9.13 1 11.85Future Cons 6.75 6.80 6.70 7.00 6.65 3837.58 19.25 5.90 - - FutureEntp [2] 9.20 9.10 9.00 9.45 8.90 899.44 22.25 7.61 - 9.07FutureRetail [2] 47.15 47.75 46.50 48.00 45.10 3037.10 168.00 40.60 - 47.75FuturSuplyCh 75.75 77.85 74.90 78.75 73.00 55.47 223.80 60.30 - 77.65
G . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Gabriel [1] 102.85 107.05 103.00 108.80 102.75 382.20 135.00 59.00 26 107.00GAIL 132.75 138.90 134.00 139.90 133.9019451.01 157.95 78.75 10 138.85GalaxSurfact 2592.90 2634.35 2605.90 2660.00 2592.80 10.64 2720.00 1201.00 51 2633.70Gallant Isp [1] 39.40 39.60 40.10 40.70 38.15 66.44 49.95 17.70 12 39.40Gallant Mtl 47.90 48.20 47.20 49.50 47.20 26.87 56.70 21.60 15 48.30Gamm.Infra [2] 0.70 0.75 0.65 0.75 0.65 1620.05 1.02 0.29 - 0.74Gandhi Tub [5] 265.65 269.35 268.65 274.90 265.00 1.99 316.15 160.00 13 266.80Ganesh Hsg 77.80 82.45 77.50 85.45 75.00 277.81 87.45 19.70 - 82.45Ganesha Ecos 542.00 549.05 542.00 556.00 542.00 10.45 687.70 153.00 28 548.40GangesSecu 58.85 61.65 61.45 62.80 60.65 2.60 84.90 20.75 12 62.30GardenReach 179.05 177.10 180.05 182.65 176.05 124.17 243.20 129.00 12 177.20GarwarTecFib 2592.50 2697.40 2648.00 2734.95 2572.50 19.23 2789.00 1150.00 31 2695.25Gatewaty 168.90 173.55 167.25 174.55 167.25 43.84 189.00 71.01 15 173.50Gati [2] 97.40 101.00 98.10 103.00 98.10 639.31 118.50 32.40 - 101.10Gayt. Proj [2] 28.90 29.10 29.05 30.05 28.75 363.52 48.60 8.17 - 29.20GBGlobal 6.50 6.60 6.60 6.60 6.60 0.08 8.60 4.90 - - GE Ship 281.20 287.80 282.40 293.70 281.70 190.06 340.00 185.10 5 287.70GE T&DInd 111.10 113.75 112.65 114.85 111.40 48.33 148.55 58.00 - - Geecee 101.90 102.30 104.95 105.90 101.95 7.86 117.00 44.25 22 102.40GeewayWires 79.90 79.60 79.95 80.15 76.90 2.00 102.00 44.15 - - GenInsurCor [5] 196.35 205.90 200.00 210.90 200.00 1497.55 243.70 114.35 19 206.15GenricEngCon 43.95 44.90 44.00 46.00 43.50 6.27 68.00 43.05 - - Genus P&B [1] 7.45 7.50 7.60 7.65 6.55 260.58 8.85 3.23 - 7.51Genus Pwr [1] 46.15 47.60 45.55 48.45 45.55 140.52 59.70 14.00 28 47.50GeojitFinSer 47.35 48.70 47.45 50.00 47.45 140.81 63.80 17.90 - - GEPowerIndia 261.60 259.70 260.00 266.00 258.85 47.77 549.30 177.35 20 259.95GFL 70.15 70.20 68.50 81.00 68.50 365.76 127.80 67.75 - - GHCL 221.10 217.60 222.25 231.50 215.05 394.98 258.00 95.15 7 217.25GIC Hsg 109.75 113.15 109.75 114.15 109.25 146.19 148.80 61.95 12 113.15Gillander 42.10 40.10 42.00 42.00 40.00 8.38 51.15 17.85 - 39.40Gillette 5425.80 5510.95 5424.00 5527.85 5405.05 2.49 6730.15 4681.00 65 5504.00Ginni Fil 19.30 19.75 20.40 20.40 19.35 279.06 24.75 5.97 5 19.75GKW 573.75 534.85 574.00 574.00 510.15 1.17 730.00 388.00 - - GlandPharma 2582.10 2532.85 2664.80 2710.00 2521.00 633.13 2783.85 1700.00 - - Glaxo Phr 1455.15 1455.55 1445.00 1484.00 1442.50 58.12 1805.00 1258.00 49 1455.10Glenmark [1] 497.95 511.35 507.00 519.40 484.85 4027.91 572.70 253.00 9 511.95Glob.Spr 315.40 316.90 320.00 323.00 314.20 46.62 422.50 87.50 8 316.85GlobalEductn 41.40 39.35 41.05 42.50 39.35 11.20 77.50 35.50 - - GM Brew 402.50 407.15 403.30 410.20 401.45 23.95 481.10 337.00 9 407.25GMDC [2] 55.25 56.35 55.95 56.90 55.05 1120.26 67.45 34.40 10 56.40GMMPfauder[2] 4058.35 4081.50 4115.80 4125.00 4030.00 34.94 6913.85 2625.00 81 4084.35GMR Inf [1] 23.40 24.25 23.40 24.40 23.2514644.02 29.95 16.30 - 24.25GNA Axles 351.95 362.30 351.95 366.20 350.95 33.19 429.55 142.65 16 362.50GNFC 296.95 311.00 296.50 314.90 296.30 689.41 339.50 124.25 8 310.65Goa Carb 318.70 309.75 312.00 331.45 306.55 66.06 365.00 149.90 - 309.10GOCL Corp [2] 205.95 214.75 205.75 217.50 205.55 3.48 279.95 130.00 27 214.25God.Pow.Isp 751.10 765.80 779.00 779.00 738.90 67.23 837.00 104.85 9 762.25Godfrey [2] 883.15 883.35 887.80 894.55 879.60 17.11 1100.00 846.55 15 885.20GodhCarbnIns 43.35 42.70 41.20 45.30 41.20 0.05 54.65 32.10 - - Godrej Cons [1] 715.40 723.50 722.20 733.50 712.95 913.05 808.00 484.05 60 722.70Godrej Ind [1] 510.00 516.00 503.60 520.00 502.25 64.52 555.85 234.00 - 514.40Godrej Pr [5] 1269.45 1304.00 1276.10 1316.90 1272.05 727.73 1573.45 575.10 305 1304.35GodrejAgrovt 504.05 507.00 506.60 512.00 501.50 66.82 568.70 349.15 30 506.40Gokaldas [5] 77.75 79.55 78.50 80.20 77.75 75.33 99.40 27.60 19 78.55Gokul Agro [2] 20.00 21.25 20.80 21.50 19.85 91.27 27.50 9.78 12 21.25Gokul Ref [2] 18.10 18.55 17.45 18.95 17.45 41.31 23.65 8.56 - 18.30Gold.Tobac 37.50 39.40 35.50 40.30 35.50 8.74 60.00 19.35 - 38.50Goldiam Int 332.85 343.50 337.40 362.90 336.00 141.12 394.20 77.05 42 343.25GoodLuck St [2] 66.70 70.40 69.00 71.00 67.60 95.65 84.00 25.65 5 70.55GoodyearInd 894.80 889.25 883.15 895.00 883.15 5.23 1047.60 882.10 - - GP Petrol [5] 35.20 36.95 35.30 37.40 35.25 15.16 54.50 29.20 13 36.30GPTInfraProj 36.40 36.40 37.90 37.90 36.15 13.22 51.45 15.25 6 36.50GrandFoundry 1.85 1.80 1.80 1.80 1.80 1.00 3.50 1.25 - -
Granuels [1] 316.80 318.10 320.10 324.85 312.40 1992.21 438.00 153.80 16 317.95Graphite [2] 583.95 619.00 589.80 655.75 589.75 6211.40 739.95 155.10 110 618.60Grasim [2] 1376.60 1392.20 1372.80 1406.70 1370.60 1423.25 1472.40 469.30 106 1392.35Gravita [2] 89.65 92.40 90.50 93.45 90.50 60.12 122.85 32.00 23 92.25GreenlaInd [5] 963.45 972.95 962.00 980.50 961.95 2.70 1004.05 496.00 35 977.40GreenPly [1] 182.00 183.15 184.85 186.00 180.20 92.32 204.00 73.55 41 183.15GrenpanelInd 186.15 189.30 189.85 190.00 179.25 554.57 203.35 24.00 - - Grindwel [5] 869.75 886.25 878.00 904.75 877.50 16.73 980.00 441.40 48 888.80GRP Ltd 890.05 854.60 925.00 932.75 850.00 2.06 1028.00 550.00 - 852.70Grvs.Cot [2] 122.15 126.60 123.90 128.20 123.00 979.49 158.00 66.00 90 126.50GSFC [2] 83.30 85.95 83.65 86.50 83.35 765.41 107.20 39.15 10 85.90GSPL 255.45 256.00 256.80 261.80 252.25 902.18 311.40 177.50 15 256.00GSS Info 53.35 54.70 53.50 59.30 53.50 472.36 69.40 19.30 - 54.65GTL 5.30 5.40 5.20 5.65 5.20 87.91 9.13 1.00 - 5.38GTL Infra 0.65 0.70 0.70 0.70 0.6518602.24 1.28 0.23 - 0.66GTN Text 5.10 5.35 5.35 5.35 5.35 0.01 8.01 4.75 - 5.10GTPLHathway 121.40 124.70 122.00 126.40 121.55 81.22 163.00 39.95 11 125.00Gufic Bio [1] 108.20 114.40 110.95 115.00 109.90 128.23 137.40 50.45 29 114.40Guj.Alk 401.95 443.30 405.00 469.40 404.90 5022.73 469.15 304.35 23 442.85Guj.Ind.Pow 74.35 74.15 74.25 75.50 73.80 239.88 94.50 52.55 6 74.15Guj.Lsg.Fin 2.70 2.95 2.95 2.95 2.95 5.74 3.50 1.54 - 2.60Guj.Pipav 94.90 96.05 95.90 97.45 94.30 187.23 117.75 53.00 23 96.15Guj.Sid.Cem 33.80 34.85 34.00 35.65 34.00 165.24 45.45 15.90 12 34.60Gujarat Gas [2] 535.05 526.00 534.50 546.10 510.30 1153.45 580.00 225.00 31 526.00GujaratFluor 707.70 732.50 719.00 745.50 710.55 272.09 765.00 268.00 - - Gul.Amb.Ex [1] 131.75 136.25 131.00 138.00 131.00 330.50 155.00 52.55 11 136.20Gul.Apl 206.05 208.00 212.80 212.80 206.60 2.06 273.90 121.10 39 211.05Gulf Oil Lub [2] 699.60 705.05 687.25 714.90 687.25 9.06 846.15 541.05 20 706.75GulshanPoly [1] 105.90 113.05 107.90 115.00 106.25 178.30 119.50 23.20 12 113.05Gyscoal [1] 2.20 2.25 2.20 2.40 2.15 331.86 3.90 1.19 - 2.23
H . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .HappiestMind 621.65 638.45 625.00 646.80 621.15 2120.85 694.90 307.00 - - Harri.Mal 139.20 143.45 139.25 146.45 139.25 199.65 171.00 54.85 10 142.55Hathway [2] 22.25 22.75 22.40 23.20 22.20 851.79 57.45 13.50 - 22.60Hatsun Agro [1] 747.80 742.90 751.30 756.75 735.00 36.68 889.00 359.25 81 742.35HavellsIndia [1] 993.70 1023.75 993.50 1029.00 980.65 1403.99 1237.80 447.20 70 1023.75HBL Pwr [1] 31.35 32.45 31.35 33.10 31.20 394.38 43.90 11.30 - 32.40HCC [1] 7.55 7.70 7.60 7.80 7.55 1445.61 10.87 4.20 - 7.74HCG 168.40 172.20 174.95 174.95 168.35 42.83 194.30 62.95 - 173.25HCL Info [2] 8.30 8.65 8.30 8.70 8.30 264.59 12.35 4.51 - 8.72HCL Tech [2] 1009.40 983.40 1012.50 1020.80 972.20 7773.99 1073.55 448.00 25 981.85HDFC [2] 2419.85 2512.95 2422.40 2523.10 2412.25 3832.03 2895.35 1486.45 41 2512.25HDFC AMC [5] 2844.70 2873.00 2842.00 2890.00 2827.00 190.54 3358.30 2071.00 49 2871.65HDFC Bank [1] 1367.05 1400.35 1368.00 1406.45 1361.00 9300.34 1650.00 826.00 26 1400.30HDFCLifeIns 687.30 706.10 689.15 710.70 685.00 4171.98 746.00 451.25 105 705.90HEG 2044.80 2064.70 2064.00 2200.00 1985.00 1076.99 2564.00 625.00 - 2063.25Heidelbrg 231.60 232.50 229.00 234.90 227.00 109.78 255.95 140.30 22 232.55HeranbaIndus 637.75 646.40 641.00 662.40 641.00 334.96 945.00 602.10 - - Herc.Hoi [1] 114.65 118.05 113.15 119.85 113.15 35.18 138.90 56.45 35 118.15Herit.Fds [5] 320.25 320.25 320.25 329.25 318.50 120.24 377.70 225.00 - 320.35HeroMoto [2] 2786.10 2865.35 2799.00 2879.00 2773.25 714.92 3628.55 1753.20 21 2864.00Hester Biosc 1991.60 2016.75 2007.55 2075.00 1979.85 7.81 2279.80 980.00 48 2019.60HFCL [1] 23.95 24.50 23.20 25.00 23.20 3070.24 34.75 8.70 22 24.55HGInfraEngg 254.45 272.05 256.00 273.90 255.20 74.32 330.45 150.65 11 271.60Hikal [2] 159.90 173.15 160.30 179.25 160.30 1681.60 204.40 91.25 20 173.30HIL 3165.75 3232.80 3192.00 3250.00 3150.00 8.72 3652.00 714.00 16 3226.30Hilton Mtl 11.55 12.70 12.70 12.70 12.70 17.87 16.06 7.25 - 12.79HimadriSpec[1] 41.90 43.35 42.00 43.70 41.7010251.68 64.00 37.55 20 43.35Himat.Seid [5] 141.70 138.85 141.70 144.55 136.50 96.77 178.95 45.00 35 138.50Hind.Compo [5] 257.80 263.40 270.50 270.50 260.60 1.01 387.45 115.25 21 262.60Hind.Cop [5] 131.25 139.50 133.00 143.20 131.30 3497.52 165.10 23.50 - 139.30Hind.Media 58.75 59.35 58.00 61.70 58.00 21.56 75.95 38.10 6 59.35Hind.Oil.Ex 91.65 94.70 92.40 95.70 92.40 268.96 116.15 35.65 25 94.65Hind.Rect [2] 123.15 122.80 123.15 124.75 121.25 8.11 180.20 108.50 31 123.40Hind.Znc [2] 294.15 291.95 298.35 302.45 291.00 1055.17 334.25 162.70 18 292.00Hindalco [1] 336.20 348.70 336.20 350.30 336.2012942.07 373.90 102.85 92 348.75HindujaGlo 1700.70 1719.60 1728.00 1762.00 1676.20 42.56 1891.00 505.85 16 1715.80HindustnAero 957.40 970.85 953.00 974.70 951.40 112.14 1423.55 490.00 11 970.65HindustnFood 1981.40 1972.55 1986.00 2037.15 1960.25 8.12 2578.00 465.60 - - HisarMetalIn 113.45 115.85 113.45 120.00 113.15 19.78 143.00 45.00 19 116.00HiTech Gr 156.10 164.15 158.15 167.00 157.55 3.22 206.55 70.80 15 162.10Hi-TechPipes 368.30 383.90 379.00 395.35 370.05 61.90 151.00 50.10 137 129.85HLEGlascoat 2328.20 2391.85 2250.10 2444.60 2220.20 13.45 2952.20 1755.00 - - HLV 5.65 5.75 5.65 5.90 5.60 110.81 8.00 3.15 - - HomeFirstFin 442.60 456.90 446.10 461.75 446.10 93.10 640.00 440.00 - - Honda Siel 963.10 972.05 965.60 979.80 953.30 2.31 1234.60 758.05 26 964.75Honey.Aut 43261.05 43086.50 43002.00 43663.35 42611.55 3.63 49805.00 26000.00 82 43169.40Hotel Rugby 1.00 1.00 1.00 1.00 1.00 0.30 1.73 0.85 - 0.95HPCL 226.40 231.55 225.60 232.65 225.60 7350.01 259.20 163.30 4 231.65HSG&UrbanDev 40.10 42.15 40.20 42.45 40.20 1809.33 54.95 20.65 6 42.20HSIL [2] 154.30 154.45 154.95 157.85 152.25 180.12 200.00 44.25 17 154.35HT Media [2] 21.50 21.30 21.50 21.80 21.10 44.61 30.65 10.01 - 21.65HuhtamakiInd 271.40 270.05 271.50 276.00 269.00 50.25 352.15 174.00 - - HUL [1] 2462.00 2454.40 2470.00 2505.90 2448.80 1811.78 2525.00 1902.30 76 2455.80
I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Ibull Hsg [2] 168.60 171.85 172.00 173.40 166.5016528.86 263.60 88.50 6 171.75Ibull Real [2] 77.10 79.70 78.20 80.90 76.80 6150.10 125.50 38.55 - 79.70IceMakRefrig 67.20 67.15 67.20 72.00 65.15 7.98 120.20 58.05 - - ICICI Bank [2] 538.55 560.60 541.00 563.80 537.8525445.90 679.30 285.70 30 560.45ICICILombGIC 1351.05 1364.00 1365.60 1387.90 1345.85 748.69 1625.00 1106.10 44 1365.20ICICISecu 390.15 393.75 387.00 402.00 387.00 790.63 568.90 309.00 - - ICRA 3278.45 3348.55 3389.00 3422.05 3282.00 8.80 3985.00 2121.15 56 3349.70IDBI 33.80 37.05 34.20 37.40 34.0035186.32 55.75 19.20 - 37.05Idea Cell 8.75 8.95 8.85 9.00 8.80121410.28 13.80 3.31 - 8.95IDFC 48.25 48.15 47.85 48.70 47.25 3331.48 58.95 13.41 - 48.05IDFCFirstBnk 50.55 54.05 51.15 54.40 50.9062994.33 69.30 18.45 - - IFB Agro 402.05 407.85 405.00 411.00 403.80 6.74 625.20 246.35 12 408.00IFB Ind 1080.30 1120.35 1075.00 1136.00 1070.00 36.01 1458.10 312.05 122 1114.20IFCI 11.15 10.80 10.65 10.95 10.60 5846.51 15.95 3.76 - 10.80IFGLRefract 340.65 337.70 352.80 352.80 332.30 73.15 395.00 89.30 20 336.50IG Pet 434.25 440.30 442.95 448.90 434.50 27.12 557.00 113.65 14 440.45Igarshi 319.55 328.00 319.55 333.00 316.55 83.19 396.25 191.00 61 328.00IIFLHoldings [2] 264.30 270.35 257.50 277.50 251.10 358.97 346.55 58.15 69 267.70IIFLSecurity 47.55 48.00 47.95 49.10 46.70 299.82 65.50 28.85 - - IIFLWealtMgt 1178.75 1188.60 1160.05 1200.00 1160.00 12.32 1358.00 810.00 - - IL&FS Ven [2] 3.85 3.90 3.80 4.00 3.80 122.09 5.75 2.02 - 3.92IMP Pwr 12.20 12.70 12.15 12.95 11.00 11.64 21.15 10.55 - 12.01IMPAL 640.10 652.05 640.00 664.90 639.80 1.24 728.75 450.00 18 650.05Ind.Bk.Mer 13.70 14.30 13.60 15.40 13.60 560.77 18.70 4.50 - 14.49Ind.Card 127.95 126.50 128.10 129.90 126.50 0.45 155.00 75.15 - 127.10Ind.Cem 169.85 172.75 171.80 176.85 168.50 2706.15 197.00 97.00 38 172.65Ind.Gly 401.50 430.10 403.55 435.90 403.55 410.69 610.00 222.00 14 429.90Ind.Hume [2] 170.05 174.75 171.00 175.90 170.60 26.58 218.90 121.00 29 174.85Ind.Inv.Tru 52.75 56.55 52.45 56.90 50.10 0.74 87.50 48.30 - 56.75Ind.Metals 484.25 486.00 490.00 499.00 476.90 55.51 560.10 121.95 26 486.95Ind.Nippon [5] 353.55 358.20 355.00 368.00 352.20 11.11 447.30 200.05 21 357.95Ind.Ovr.Bk 16.10 18.00 16.45 18.50 16.3081722.10 20.90 6.60 - 18.05Ind.Ram.Sy 36.60 36.85 36.15 37.45 36.05 14.86 47.50 11.73 - 36.85Indian Bk 104.70 107.90 105.55 109.80 105.55 3307.41 156.90 43.25 11 107.95Indian Htl [1] 104.60 104.85 108.30 109.85 104.15 2451.69 139.00 62.10 - 104.90IndianEgyExc[1] 337.85 337.05 338.00 348.00 334.55 1419.07 392.45 137.90 51 336.80IndianRailTr 1582.00 1611.65 1582.05 1623.00 1582.05 1226.26 2073.00 1190.00 - - IndianRlyFin 20.85 21.45 20.85 21.50 20.8014831.76 26.70 20.80 - - IndigoPaints 2275.95 2298.45 2285.00 2330.00 2285.00 22.95 3329.95 2220.25 - - IndmrtIntmsh 7885.05 7946.40 7924.00 8079.75 7859.35 63.70 9950.00 2035.00 - - Indo Count [2] 125.50 126.00 127.70 128.60 124.30 99.00 171.75 23.20 12 126.15Indoco Rem [2] 304.95 299.65 306.10 307.75 297.20 72.22 335.55 190.00 38 299.40IndostrCapFn 315.20 309.90 315.00 316.75 307.00 14.33 412.00 238.10 - 311.80Indotech Tr 84.25 86.95 85.45 88.05 83.00 4.81 127.40 68.60 - 87.75Indra.Med 54.85 55.95 55.05 56.45 55.05 130.18 69.80 31.40 - 55.90IndraprsGas [2] 516.65 522.20 514.80 524.25 511.75 1287.64 594.85 364.30 39 521.90IndSwifLab 73.60 74.00 73.60 75.50 72.55 38.90 90.40 19.75 16 74.15IndusInd BK 844.40 877.40 850.00 881.00 844.50 6778.84 1119.20 330.00 30 880.65IndusTowers 242.90 245.05 241.00 247.35 241.00 1855.50 282.65 149.50 - - INEOS Styro 983.50 1019.50 983.00 1027.00 976.55 27.19 1115.00 483.55 14 1019.25Infibeam Inc [1] 42.75 43.35 42.75 43.95 42.50 1877.99 55.90 16.93 - 43.25INFO EDGE (I) 4751.10 4556.85 4780.00 4800.00 4520.00 594.18 5876.05 2142.00 219 4560.40InfobeansTec 151.25 155.45 151.40 157.00 151.05 29.69 195.00 88.15 - - Infosys [5] 1425.75 1397.15 1433.00 1435.25 1375.0014855.21 1480.00 604.00 34 1398.60Infrasoft 68.35 75.15 68.55 75.15 68.30 113.61 100.45 22.05 22 75.55Ingersoll 694.75 700.50 694.75 711.00 682.50 11.97 911.15 555.40 34 698.55Inox Leis 263.60 260.45 258.50 266.00 257.15 458.91 358.55 158.20 - 260.40Inox Wind 64.05 67.25 63.00 67.95 63.00 115.53 82.80 20.05 - 66.75Insectic 450.40 459.70 450.40 464.00 450.40 16.02 557.00 344.30 13 459.25InspirisySol 42.15 43.00 43.05 43.90 41.35 12.40 49.40 17.65 - - IntellecDesi [5] 651.80 703.65 658.90 724.00 643.00 728.89 774.15 62.40 55 707.20IntenseTech [2] 34.60 36.45 35.45 37.00 34.20 129.40 52.65 13.88 13 36.40IntGlobAviat 1593.80 1605.75 1594.00 1639.60 1593.80 1096.90 1822.00 850.30 - 1605.70Inventure 28.05 28.00 28.65 28.95 27.30 30.35 32.75 10.40 - 28.10IOC 87.00 88.80 87.20 89.25 87.1015976.04 105.00 71.15 4 88.80IOL Chem 583.95 586.40 590.10 599.00 577.15 682.99 898.40 235.00 8 586.95IPCA Lab [2] 2152.95 2159.05 2184.85 2208.85 2125.00 413.97 2455.55 1442.65 24 2154.05I-PruLifeINS 443.70 458.90 444.00 460.65 442.05 1962.41 537.90 317.25 61 459.05IRB Infra 104.15 106.50 105.65 107.55 103.45 546.36 138.80 57.30 15 106.40IrconIntl 86.90 88.00 86.20 88.55 86.20 1714.75 108.50 72.75 - - IrisClothing 90.40 91.50 92.95 95.00 82.05 74.33 142.30 62.35 - - ISMT [5] 10.20 10.00 10.20 11.00 9.70 143.02 13.84 2.65 - 9.98ITC [1] 205.30 208.70 207.00 209.70 206.0020247.64 239.15 157.10 20 208.70ITD Cem [1] 73.05 74.30 73.65 76.20 73.20 351.89 94.45 32.80 - 74.25ITDC 337.10 339.50 335.00 344.05 332.10 71.18 460.00 139.20 - 339.60ITI 107.95 109.70 108.25 110.90 107.30 208.71 151.60 76.65 - 109.70IZMO Ltd 66.20 72.80 66.20 72.80 65.45 204.72 73.90 13.22 - 73.35
J . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .J&K Bk [1] 24.65 25.10 24.75 25.30 24.65 1652.43 32.95 11.40 - 25.10Jagran [2] 58.85 58.70 59.00 59.35 58.50 287.26 67.70 29.55 14 58.75Jags.Phr [5] 77.70 78.55 79.95 82.15 75.25 273.88 101.95 22.45 15 79.25Jai Corp [1] 83.30 85.55 83.65 86.50 83.65 506.44 109.00 51.30 16 85.65Jain Irrg [2] 18.25 17.90 17.50 18.25 17.50 2205.03 26.35 4.25 - 17.95Jamna Au [1] 68.25 68.10 67.75 69.50 66.20 585.66 76.50 22.70 - 68.10JashEngg 308.85 312.45 313.95 318.85 304.85 19.89 344.35 115.00 - - Jay Bhr [5] 213.00 216.90 213.35 222.15 213.30 10.98 278.35 113.10 29 217.00Jay.Agro [5] 128.75 131.25 128.25 134.35 128.25 5.79 161.05 60.90 18 131.85Jay.Neco 13.85 14.30 13.90 14.35 13.35 433.73 14.60 2.20 - 14.30Jaypee Inf 1.65 1.70 1.70 1.70 1.70 640.14 2.67 0.73 - 1.74Jayshr Tea [5] 66.60 67.20 66.25 70.45 66.25 115.85 81.15 33.00 2 67.35JB Chem [2] 1217.75 1234.75 1227.50 1255.85 1218.85 113.00 1317.90 500.10 24 1233.80JBF Ind 17.00 17.85 17.85 17.85 17.85 122.75 17.91 6.44 - 17.91JBM Auro [5] 379.65 381.65 369.65 386.80 369.65 19.09 470.00 136.00 49 382.25Jind.Drl [5] 91.05 91.60 95.00 95.00 89.30 19.18 106.80 46.60 16 91.45Jind.Poly 766.65 760.50 759.70 780.00 741.25 59.75 941.25 203.30 5 760.00Jind.Saw [2] 71.45 73.95 72.20 74.35 71.45 709.37 87.60 45.50 12 73.85Jind.Stl&P [1] 389.00 409.45 389.00 411.65 384.3012033.32 427.60 78.30 10 409.50Jind.World [1] 45.20 45.90 45.30 48.70 45.20 155.84 67.70 25.25 29 45.75JindStain(H) [2] 131.00 136.35 130.35 138.40 128.60 666.68 164.80 36.80 10 135.95JK Cem 2815.80 2837.85 2802.00 2921.55 2800.00 31.51 3146.00 949.30 41 2841.55JK Lak.Cem [5] 407.05 415.35 412.90 430.80 407.60 704.63 466.90 181.25 15 412.95JK Paper 132.95 138.55 132.85 139.60 132.25 606.22 167.40 85.50 8 138.30JK Tyre [2] 107.80 110.35 108.40 112.00 106.55 589.61 146.75 43.25 24 110.40Jkumar Inf [5] 171.30 175.25 170.00 176.90 170.00 156.10 215.25 72.15 21 175.05JM Fin [1] 79.90 80.35 80.00 81.80 80.00 710.11 101.60 55.50 47 80.50JMC Proj [2] 77.85 78.80 78.40 81.00 76.75 250.62 93.85 31.90 - 78.85Jocil 149.40 151.45 152.75 153.50 150.00 2.79 230.00 106.20 - - JohnCntHita 2498.05 2511.85 2526.10 2554.15 2480.85 4.38 2936.70 2000.00 - 2514.95JP Associ [2] 7.20 7.40 7.15 7.80 7.15 7797.04 9.73 1.35 - 7.38JP Pwr 2.95 2.95 2.95 3.00 2.8021880.03 4.26 0.67 - 2.93JSL [2] 71.50 72.85 72.70 73.90 70.60 976.82 95.95 26.25 23 72.90JSW Enr 92.90 96.55 93.10 98.20 92.50 9864.55 103.90 36.35 82 96.55JSW Hld 3772.75 3912.75 3767.15 3951.60 3750.00 1.24 4299.00 1422.00 67 3909.00JSWIspatSpe 33.30 34.00 33.75 34.70 32.00 1052.52 36.90 11.30 - - JSWSteelLtd [1] 604.15 630.35 607.00 632.80 604.0026091.26 638.90 152.75 37 630.40JTEKTIndia [1] 82.25 84.45 82.70 85.35 82.50 99.22 104.70 41.95 - 84.40Jub.Food 2729.40 2762.65 2715.10 2772.80 2660.70 629.66 3215.00 1316.55 221 2762.60Jub.Ind 196.05 209.10 199.70 216.90 198.70 36.51 272.90 86.70 - 209.45JubilantPhar 734.70 740.45 741.00 766.95 725.10 131.90 1046.95 325.00 - - JublntIngrev 309.00 317.80 311.00 324.00 306.80 319.97 349.90 301.00 - - JullundurMot 38.25 39.10 40.60 40.60 34.80 29.47 47.20 16.55 - - JumpNetworks 10.05 9.55 9.55 9.55 9.55 202.74 105.90 9.05 - - JustDial 860.00 868.60 866.00 906.00 855.00 1505.79 1063.00 306.00 21 867.95Jyo.Lab [1] 140.50 143.75 140.50 145.00 139.20 119.35 166.00 100.10 28 143.45
K . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Kabra Ext [5] 163.15 168.65 167.45 170.80 163.35 64.55 214.85 44.20 44 169.00Kaj.Cera [1] 899.00 900.75 899.05 918.25 897.10 165.84 1020.00 295.40 58 901.10Kakt.Cem 175.40 180.10 174.80 181.20 173.00 14.02 218.00 110.00 31 179.20Kalp.Pwr [2] 366.45 361.75 368.00 373.75 360.30 191.29 406.80 172.00 12 361.60Kaly.Inv 1489.55 1489.75 1495.70 1498.95 1478.75 0.27 1750.00 970.00 33 1490.00Kaly.Stl [5] 336.30 343.10 338.00 346.50 337.70 132.92 365.00 133.80 11 343.60KalyanJewelr 68.35 69.30 69.00 69.85 68.05 1439.85 81.00 67.65 - - Kamat Htl 28.80 29.55 29.40 29.70 29.05 18.58 42.00 18.30 - 29.60Kamdhenu 140.35 144.95 143.50 147.00 142.00 55.27 165.10 47.60 29 144.80Kanani Ind [1] 4.35 4.30 4.25 4.50 4.10 4.64 5.83 1.99 - 4.39KanpurPlastc 138.35 140.10 139.50 141.85 137.65 5.92 183.50 96.35 - - Kansai Ner [1] 578.15 564.75 578.70 583.60 561.10 70.72 679.60 333.00 63 565.50KardaConst [2] 120.15 119.65 122.90 122.90 118.80 16.98 139.45 21.84 78 119.75Karn.Bk 61.40 61.55 61.10 62.40 60.85 1305.71 73.45 34.20 4 61.60Karur vys bk [2] 54.15 55.15 54.45 55.85 54.25 983.12 64.50 22.50 13 55.25Kaushlya Inf 1.55 1.50 1.50 1.50 1.50 1.36 2.81 0.34 - 1.52Kaveri Seed [2] 533.15 541.70 533.15 545.90 533.15 114.46 682.00 315.65 10 540.85KAYA Ltd 263.85 265.65 261.00 273.35 257.45 16.83 379.00 127.20 - 266.00KCP [1] 86.55 89.90 87.25 90.80 84.90 291.34 102.90 36.10 10 90.05KCP Sug [1] 14.70 14.95 14.90 15.30 14.70 165.82 33.40 15.75 - - KDDL Ltd 275.00 286.00 275.00 298.65 270.05 5.50 315.79 102.39 - 281.35KEC Intl [2] 398.35 405.65 400.10 412.25 399.65 71.65 486.45 154.50 18 405.85Keertknw&Skl 23.45 23.35 23.25 24.40 22.55 23.44 32.65 22.55 - - KEI Ind [2] 524.10 502.20 524.00 529.15 500.00 206.90 563.45 249.00 18 502.80Kellton Tech [5] 67.20 69.40 67.85 69.95 67.00 192.53 86.45 9.50 62 69.05KennametlInd 1087.35 1106.40 1090.75 1120.00 1086.85 1.53 1240.00 650.00 - - Kesoram In 69.80 72.10 71.15 72.85 69.30 669.50 89.90 21.40 17 71.90Kewal Clo 814.70 819.15 817.40 836.00 806.65 0.78 1036.00 669.00 38 820.00KeynotFinSer 55.00 58.15 56.95 59.00 54.85 1.12 117.00 31.40 - - KhadimIndia 137.40 141.35 138.00 143.45 136.90 25.63 187.00 77.10 - 140.95Khand.Sec 13.85 14.40 14.90 14.90 14.40 0.08 23.45 7.10 - 14.85KhatnChm&Fer 22.60 22.90 22.25 23.40 22.25 124.04 30.90 18.00 - -
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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
P . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .P&GHealth 6198.05 6229.00 6226.00 6299.95 6178.25 4.10 7500.00 3810.25 P&S Bk 17.35 17.80 16.90 18.30 16.90 2016.87 23.79 10.42 17.80Page Ind 28195.60 29260.75 28334.00 29489.35 28305.00 30.45 32372.00 16446.40 127 29257.40PaisaloDigit 698.25 692.90 707.90 707.90 640.00 42.49 877.00 144.30 51 696.70PalashSecu 52.60 50.15 53.60 53.60 50.00 1.50 61.70 18.25 18 50.15Pan.Petro [2] 150.20 158.40 153.70 159.95 151.55 86.73 189.15 30.80 13 158.00Panac.Bio [1] 258.25 267.75 284.05 284.05 265.00 3100.43 284.50 109.17 268.15PanachDigLif 57.75 59.10 57.05 61.45 57.05 25.18 79.65 33.30 ParagMilk 104.40 109.20 105.05 111.00 105.05 1016.29 129.30 80.30 24 109.20Param.Comn[2] 8.35 8.80 8.55 8.95 8.35 100.11 11.68 5.86 8.75Patel Eng [1] 11.60 11.80 11.80 12.00 11.60 234.00 17.30 9.21 11.79Patel Int 18.60 18.40 18.60 18.80 17.60 73.33 29.00 9.48 18.50Patspin Ind 4.70 4.75 4.80 4.80 4.25 2.15 7.81 3.80 4.95PC Jewl 24.10 24.45 23.80 25.00 23.80 1069.04 32.75 9.69 24.45PDS Multinat 674.65 673.80 675.20 678.95 668.95 0.45 765.00 240.10 449 670.00Pearl Glo 178.25 184.75 172.00 192.55 172.00 3.18 204.80 91.00 180.10Pearl Poly 14.05 15.45 14.05 15.45 14.05 12.32 23.00 9.76 15.97Pennar Ind [5] 17.10 17.40 17.10 17.70 17.10 96.00 26.75 13.90 17.45Persistnt 2022.85 1944.30 2025.00 2055.00 1918.40 136.75 2098.05 460.00 30 1944.25Petronet 221.75 224.95 222.15 226.00 220.20 3842.27 280.00 203.95 13 224.40PFC 104.75 109.95 106.40 110.30 105.05 6332.15 140.50 74.20 4 109.95Pfi��zer 4776.10 5081.95 4796.90 5150.00 4737.00 591.24 5875.00 3940.00 46 5072.40PGHH 13179.70 13540.70 13153.75 13649.25 13075.00 9.21 13800.00 9700.05 66 13531.80Phil.Carbon [2] 185.30 189.70 189.75 193.40 187.40 517.74 217.65 68.35 13 189.90Phoenx.Mil [2] 719.80 718.55 720.15 736.15 701.20 154.45 888.95 466.25 41 718.55PI Ind [1] 2465.55 2446.85 2415.00 2549.35 2381.05 378.24 2668.85 1280.00 58 2444.80PidiliteInd [1] 1849.30 1798.95 1850.00 1859.45 1791.25 1091.11 1927.95 1307.05 92 1798.95PIL Italica [1] 15.55 15.85 15.50 16.30 15.35 67.10 19.30 3.46 15.80Pilani Inv 1630.90 1683.90 1674.00 1698.85 1665.00 3.00 2248.80 828.61 18 1681.85Pion.Dist 101.85 101.35 104.55 104.55 100.80 0.36 130.00 92.00 104.00Pion.Emb 38.80 40.05 38.75 41.75 38.55 51.76 48.90 15.30 10 40.20PiramalEntp [2] 1630.10 1714.10 1632.90 1728.00 1632.90 1364.36 2008.20 805.60 1715.00PittiEngg [5] 64.65 65.55 63.55 66.00 63.55 195.35 78.00 20.40 23 65.75Plastiblen [5] 226.90 230.10 223.85 230.95 222.40 7.38 280.40 121.00 20 227.70PNB Gilts 49.85 51.10 50.70 51.45 50.10 246.22 61.45 24.10 2 51.15PNB Housing 365.30 373.05 366.00 376.95 366.00 151.70 475.00 165.25 12 372.65PNC Infratec [2] 239.20 237.70 239.00 246.00 233.20 229.42 291.00 100.95 20 237.80PoddarPigmen 189.50 190.20 187.85 195.50 187.00 7.65 226.00 122.55 10 188.75Pokarna Ltd [2] 235.80 233.95 241.00 245.00 228.00 196.28 274.00 56.55 234.85Poly.Medi [5] 845.75 840.50 851.70 871.60 835.00 32.86 959.00 207.20 71 840.95PolycabIndia 1347.70 1355.75 1345.25 1362.40 1330.05 276.34 1444.40 623.95 Polyplex 800.10 786.00 795.15 813.75 780.10 88.72 945.10 387.15 17 786.50Ponnie Sug 147.00 150.20 151.10 152.10 146.95 1.38 193.25 107.60 5 150.00Power Mech 547.20 585.70 558.00 598.00 554.95 163.90 600.00 310.00 589.75PowerGrid 201.15 208.75 205.15 209.40 202.4511154.98 239.00 153.30 9 208.90PrabhatDairy 99.20 99.25 99.45 99.50 99.20 186.82 99.60 45.40 99.30Praj Ind [2] 191.95 198.45 192.60 202.90 192.60 1757.80 207.45 52.70 89 198.40Prajay 7.80 8.05 8.25 8.30 7.75 31.57 12.34 4.55 7.83PrakashPipes 116.55 119.30 117.15 120.10 117.15 118.77 141.00 28.00 Praksh.Ind 79.45 83.35 79.85 84.95 79.85 1824.12 90.80 21.60 24 83.35Praksh.Stl [1] 0.75 0.80 0.80 0.80 0.75 31.27 1.35 0.19 0.78PratapSnack [5] 555.90 559.20 558.00 568.00 558.00 3.65 760.00 435.10 91 561.40PrecisionCam 43.35 45.40 43.75 45.80 43.55 140.33 51.55 23.05 9 45.45Precot 107.60 107.45 110.75 110.75 102.70 5.14 119.95 18.85 Precsn.Pipe 181.60 186.95 190.00 193.90 184.85 21.52 296.20 132.95 133 187.05Precsn.Wre [5] 185.05 183.85 185.15 189.55 183.00 21.78 215.00 73.95 14 184.20PremiPolyfi��l[5] 35.30 34.65 35.25 36.80 33.55 13.90 43.48 22.50 29.75Pressman [2] 21.80 21.85 21.40 22.40 21.30 9.97 29.50 14.40 10 21.70Prestige Est 300.90 301.05 295.30 302.70 290.65 340.13 322.95 133.85 90 301.05PRICOL [1] 72.95 74.75 72.00 75.30 71.85 772.63 79.05 32.00 51 74.75Prime Foc [1] 63.75 63.85 64.05 65.90 63.55 28.32 74.90 17.40 36 64.10PrincPipeFit 474.50 501.80 478.00 518.00 470.00 487.71 548.00 75.30 PrismJohnson 119.50 121.15 118.00 124.80 118.00 228.83 141.95 29.40 92 121.35PriviSpecial 864.10 904.75 872.00 962.00 868.55 106.29 962.00 411.00 ProzoneIntu [2] 16.60 16.70 17.00 17.05 16.60 81.85 28.55 9.60 16.75PSPProjects 419.00 428.65 421.20 434.50 416.55 27.21 506.00 305.00 20 429.20PTC 83.05 84.35 83.00 85.70 82.80 1136.80 91.80 32.85 6 84.50PTC Ind Fin 17.05 17.45 17.10 17.50 17.00 352.55 24.30 8.30 13 17.45PTL Ent [2] 36.50 37.05 36.05 37.65 36.05 56.90 50.65 27.00 5 37.00PudumjeePap[1] 22.70 22.85 23.55 23.55 22.30 65.98 28.10 10.67 6 22.80Pun.Natl.Bk [2] 33.95 35.10 34.00 35.30 33.65147766.54 46.40 26.30 35.10Punj.Chem 881.90 888.25 870.50 905.50 870.50 2.32 1026.85 341.00 26 892.05Punj.Mohta 17.00 16.85 17.00 17.80 16.50 20.05 29.03 2.75 16.80Puravankra [5] 67.50 67.60 68.70 69.40 66.60 104.58 96.00 31.65 67.60PVR 1087.35 1085.85 1070.00 1097.00 1058.00 1776.32 1592.00 706.07 1085.65
Q . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Quess Corp 606.15 592.85 608.00 618.80 582.80 82.99 807.00 165.40 593.70QuickHealTec 184.10 186.95 186.85 188.85 184.90 129.91 216.00 87.05 16 186.60
R . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .R Sys Intl [1] 110.80 115.70 109.00 119.00 109.00 23.74 134.90 80.15 20 114.90Radico [2] 511.05 518.30 508.60 527.65 508.00 244.99 628.30 280.10 29 514.60RailTelCorp 114.20 116.80 115.15 117.50 114.10 949.55 189.70 101.00 RailVikasNgm 27.05 27.45 27.05 27.70 26.85 4279.17 35.55 16.20 Rain Ind [2] 150.75 154.15 151.30 156.90 150.80 2782.04 175.35 61.35 154.40Raj TV [5] 31.60 31.90 31.10 32.50 30.95 6.10 47.95 29.10 34.45Raj.Exp [1] 494.25 492.65 496.90 500.20 490.90 74.94 654.70 440.80 105 492.55RajdharshInd 10.95 11.20 11.00 12.00 10.95 0.64 13.45 8.50 RajratanGlbl 781.40 788.00 789.95 809.00 780.00 4.86 886.70 166.00 Rallis [1] 256.60 262.35 257.30 264.40 257.20 155.88 340.00 192.55 25 262.30Rama News 15.05 15.05 14.70 15.30 14.70 9.15 20.34 9.67 15.10Ramco Cem [1] 1053.50 1056.80 1050.25 1076.00 1040.55 436.48 1120.00 472.00 36 1057.00Ramco Ind [1] 252.00 254.85 250.25 258.75 249.65 28.95 274.40 104.00 23 254.35Ramco Sys 544.80 555.65 546.00 567.35 543.00 172.88 784.15 64.10 85 555.15Ramk.Forg 511.70 515.75 501.10 529.60 501.10 16.20 615.00 140.65 515.00Ramky Inf 67.05 63.90 65.10 65.15 63.70 143.17 98.50 23.10 63.95Rana Sug 9.10 9.45 9.55 9.75 9.05 749.11 10.75 2.60 3 9.46Rane (M) 336.75 352.20 340.00 355.00 340.00 10.60 496.00 161.05 56 351.20Rane Brk 811.05 822.65 812.65 835.05 794.35 12.47 956.50 373.00 24 823.15Rane Eng 257.10 260.05 260.95 268.95 257.65 1.89 355.00 160.00 259.80Rane Hld 568.10 572.70 577.15 589.90 559.00 13.28 712.75 328.00 31 572.50Ratnamani [2] 1998.10 2018.75 2000.00 2067.30 1985.00 25.58 2141.00 790.05 40 2017.65RATTANINDIA 5.90 6.15 6.15 6.15 6.15 48.04 11.35 4.55 RattanIndPow 2.65 2.55 2.55 2.60 2.55 8290.56 4.48 1.08 2.54Ravi K Dis 7.75 7.85 7.65 7.90 7.60 4.98 12.04 5.63 7.62RavindrHeigt 17.00 16.60 16.30 17.10 16.15 24.90 35.95 15.05 Raymond 334.05 342.85 334.00 345.90 333.30 343.00 408.95 212.45 342.80RBL Bank 188.65 193.65 191.40 195.30 186.6522156.87 274.00 101.60 21 193.50RCF 71.75 74.25 73.20 75.35 71.30 2865.70 100.15 33.00 10 74.25Rcom [5] 1.60 1.70 1.65 1.70 1.60 7223.71 4.33 0.68 1.66RECL 125.05 131.00 125.65 131.75 125.45 7063.30 156.85 83.70 4 131.05Redington [2] 167.35 179.00 167.70 181.50 164.05 473.72 201.20 68.25 21 178.70Refex Ref 91.25 92.65 93.00 94.85 91.70 94.53 121.15 37.78 7 92.75Rel Cap 10.45 10.30 10.30 10.60 10.15 1427.07 14.71 4.34 10.31Rel.Ind.Inf 362.90 368.90 364.00 371.05 362.05 73.00 479.70 211.00 76 368.95Rel.Infra 34.25 35.35 34.55 35.85 34.50 2626.00 44.70 13.30 35.45Relaxo [1] 891.85 901.95 909.70 919.50 890.00 104.96 974.15 578.20 93 902.15RelHomeFin 2.35 2.30 2.25 2.40 2.25 809.33 3.45 1.40 Reliance 1911.15 1931.80 1924.00 1940.60 1917.85 8958.26 2368.80 1131.92 48 1931.90Religare 90.60 94.80 92.20 99.60 91.15 1462.87 114.50 21.05 56 95.00Remsons 147.45 144.80 148.60 148.60 142.05 9.24 182.00 46.85 33 146.50RenaisncGlob 359.00 375.95 358.95 382.00 358.95 82.91 388.90 184.05 Repco Home 288.95 283.70 282.30 294.25 267.35 251.78 377.00 90.75 6 285.05Repro 341.85 343.80 348.00 348.00 337.30 3.70 463.20 322.20 336.95Resp.Ind [1] 168.30 168.15 168.00 171.70 166.20 23.42 205.00 67.90 168.15Revathi 497.50 490.75 502.95 512.05 477.95 1.56 678.75 280.00 14 492.00Rico Auto [1] 37.20 39.95 37.10 40.55 36.90 770.85 46.20 22.25 40.05RITES 235.75 241.85 235.90 242.50 235.85 170.59 292.90 220.40 14 242.15RKECProjects 56.65 60.65 58.00 65.10 58.00 38.90 79.95 36.55 Rolta 3.90 4.15 3.90 4.20 3.80 1247.10 7.72 2.66 4.15RosariBiotec 1045.05 1048.05 1054.95 1079.50 1039.25 56.92 1199.90 664.00 Rossell [2] 105.10 107.25 102.10 109.00 100.50 13.54 178.10 36.75 10 106.95RouteMobile 1539.05 1541.80 1551.00 1612.80 1527.65 431.91 1979.65 625.00 Royal Orchd 59.90 59.80 59.90 62.65 59.60 71.02 94.80 38.00 59.90RPG Life [8] 424.45 430.45 429.50 450.00 426.55 140.79 464.55 215.40 18 429.65RPower 4.35 4.50 4.25 4.55 4.1535200.58 5.68 1.50 4.49RPP Infra 55.45 55.65 56.30 56.95 54.10 28.16 83.65 33.30 9 55.80RPSGVentures 334.70 338.80 331.80 352.20 331.80 24.69 397.45 115.10 RS Soft [5] 26.10 27.05 26.15 27.80 25.05 42.65 35.85 12.10 27.15RSWM 178.85 179.35 181.70 185.00 178.20 23.52 222.00 58.00 179.05Ruby Mills [5] 162.50 164.35 164.55 167.85 162.10 4.78 227.00 120.00 18 164.00Ruch.Paper 60.40 61.50 61.00 62.70 61.00 32.19 75.30 34.00 61.75RuchiSoyaInd 656.45 660.75 675.00 675.00 640.00 18.59 1519.65 575.00 RudrabhshEnt 209.85 209.40 209.75 215.00 203.05 8.36 231.00 97.05 Rupa [1] 295.95 298.20 297.45 305.00 296.10 35.26 361.15 135.00 20 302.25Rush.Decor 193.20 180.55 197.10 198.45 177.15 86.34 285.35 68.00 58 179.55
S . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .S H Kelkar 119.80 129.80 121.80 130.75 120.20 874.25 141.30 47.60 31 129.70Sadbhav [1] 58.00 61.95 59.00 62.40 58.75 358.00 85.35 24.10 61.85SadbhavInf 19.10 20.30 19.70 20.40 19.30 184.11 28.10 10.90 20.25SafariIndia 588.45 563.10 582.05 593.25 556.85 22.03 730.00 314.00 Sagar Cem 727.00 731.75 730.65 754.55 725.55 16.31 828.95 263.00 13 727.95SagrdeepAloy 33.05 32.25 34.00 34.00 32.00 3.84 147.90 29.30 SAIL 84.70 90.70 85.35 91.70 85.3564322.84 98.45 25.15 11 90.70SakarHealth 108.80 112.35 106.15 113.80 106.15 21.24 128.00 45.70 Saksoft 437.10 518.05 445.00 524.50 438.00 830.28 521.30 131.10 21 517.70
Sakth.Sug 9.30 9.45 9.40 9.65 9.00 98.29 11.78 6.89 9.50Sakuma [1] 4.85 4.95 4.90 5.05 4.80 80.17 9.72 4.25 4.93SAL Stl 3.95 4.30 4.30 4.30 4.10 495.24 5.30 1.75 4.40SalasarTech 427.15 486.30 434.75 499.00 423.60 190.64 499.50 70.00 29 484.20SalonaCot 85.65 83.35 83.25 92.35 80.00 1.77 100.70 36.50 11 95.40Salzer Elec 121.60 122.35 120.20 124.00 120.20 17.58 153.70 59.45 9 122.95Sambhaav [1] 2.15 2.15 2.25 2.25 2.05 34.83 3.15 1.51 2.24Sanco Ind 9.00 8.65 9.00 9.00 8.55 62.91 21.50 6.50 Sandesh 641.85 650.05 670.05 670.05 645.00 1.12 818.00 415.00 6 650.90SandharTech 202.50 201.95 206.60 206.60 199.05 83.53 280.15 134.00 33 201.80Sangh.Mov [2] 106.20 118.85 111.45 123.50 107.20 110.99 126.60 48.80 118.35Sanghi Ind 42.05 42.45 43.40 43.40 41.60 1054.44 49.30 15.15 16 42.45SanginitChem 23.60 22.45 22.45 22.45 22.45 22.23 109.90 18.00 Sanofi�� 8094.20 8034.00 8100.00 8176.95 7990.00 31.16 8999.00 7180.00 36 8038.65Sarda Ene 417.05 438.00 419.70 440.00 416.05 53.12 469.00 124.50 8 436.95Saregama 1691.75 1692.25 1658.00 1750.00 1658.00 7.81 1847.80 209.30 31 1682.60Sarla Perf [1] 24.80 25.05 24.70 25.40 24.70 70.24 31.50 12.85 10 24.90Sasken 970.25 956.10 981.20 1009.80 938.15 64.87 1063.10 370.80 15 956.30SastaSunVent 115.00 117.40 115.05 118.80 115.00 36.89 151.55 53.10 117.20SatiaIndus 80.10 81.95 81.80 83.00 80.90 30.94 143.00 62.00 Satin Credit 96.90 92.70 94.85 96.75 92.10 382.70 112.65 43.07 93.00Savita 993.20 1007.45 998.00 1010.05 984.05 6.29 1181.35 609.40 9 1006.95SBI [1] 328.85 341.00 332.00 342.25 330.5049773.36 426.45 149.55 21 340.95SBICards&Pay 890.45 898.00 897.80 916.90 883.00 1682.97 1139.00 495.00 SBILifeInsur 872.45 897.80 881.45 900.75 874.75 1174.86 983.95 667.20 62 902.80Schaefl��erInd 5126.95 5301.45 5130.00 5345.00 5062.05 35.87 5550.00 3044.10 57 5304.65Schneider [2] 89.60 92.65 91.00 93.60 89.90 370.69 120.85 68.45 92.70SCI 101.20 106.10 101.00 107.40 101.00 2181.23 134.60 39.15 7 105.90Seamec 421.30 426.00 427.05 429.60 420.80 80.55 548.00 285.30 27 427.00SecureludTec 93.45 89.45 90.20 92.65 88.80 34.26 118.50 37.10 SecuriIntSvc [5] 370.85 370.90 369.00 374.50 365.00 101.10 478.00 313.65 371.00Selan Exp 121.45 121.35 121.60 124.75 120.60 49.33 153.25 75.60 98 121.55Sequent Sc [2] 245.15 246.45 246.50 252.85 241.30 952.13 279.35 69.90 164 245.95Sesh.Paper [2] 155.55 159.60 152.60 160.50 152.60 19.08 183.70 117.95 12 158.85SetcoAuto [2] 14.10 15.25 14.25 15.50 14.00 275.69 18.75 7.20 15.23SeyaIndus 49.85 49.95 49.70 50.90 49.25 15.63 121.70 36.05 Shakt.Pump 490.45 505.10 494.15 514.70 484.15 107.80 591.50 135.00 30 505.35Shal.Paints [2] 90.40 89.40 92.90 92.90 88.00 83.63 116.85 51.30 89.35SHALBY 106.75 113.45 107.45 114.00 107.00 509.14 134.80 57.20 82 113.10ShankarBldg 400.40 405.95 400.95 417.45 396.10 67.54 518.30 229.00 106 406.30Shanthi Grs [1] 127.05 129.65 129.75 131.00 127.00 13.78 146.10 63.15 83 128.85Sharda Motor 1892.50 1922.70 1900.00 1965.00 1877.40 4.72 2525.00 575.55 21 1936.15ShardaCropch 284.35 284.90 285.80 294.35 282.55 75.61 374.00 129.80 11 284.80ShareIndSec 301.50 301.10 313.50 314.95 298.25 5.76 318.80 92.20 SheelaFoam [5] 1983.70 1984.10 1983.70 2019.55 1955.85 5.90 2344.00 1220.00 60 1985.25Shek.Poly [1] 0.40 0.35 0.40 0.40 0.35 696.10 0.52 0.23 0.36Shemaroo Ent 70.05 73.55 71.45 75.15 69.10 95.76 94.60 51.00 72.55Shilpa Med [1] 368.30 367.10 368.30 378.00 363.10 124.26 692.45 317.05 17 367.75Shiv.Global 8.30 8.60 8.10 9.00 8.10 6.81 13.65 5.65 8.59Shivam Auto [2] 16.40 16.85 16.05 17.30 15.10 39.24 23.80 10.17 16.70ShivaTaxyarn 146.45 150.75 149.95 151.15 144.00 1.56 174.50 70.25 24 149.00Shop.Stop [5] 188.60 192.25 189.60 193.50 187.00 69.77 269.60 124.34 192.50Shr.CU.Fin 1400.10 1435.50 1370.00 1470.00 1370.00 47.37 1640.00 617.00 11 1435.45Shr.EPC 3.95 4.00 3.90 4.10 3.80 240.31 6.21 2.43 4.00Shr.Ram.Mul [5] 9.75 10.50 10.00 10.75 9.75 109.19 12.87 3.29 5 10.47Shr.Ren.Sug [1] 9.70 10.00 9.80 10.25 9.70 3664.45 14.72 4.20 10.02Shr.Tr.Fin 1300.90 1382.30 1315.00 1398.60 1311.00 4250.47 1534.90 516.56 18 1382.55Shre PushChe 143.60 145.20 143.00 147.95 139.35 122.28 172.90 71.70 18 145.90ShreDigvjCem 64.00 65.30 65.00 66.05 63.35 379.12 72.90 42.75 ShreeCement 29881.05 30356.05 30200.00 30699.90 30110.00 91.67 32050.00 16292.00 51 30366.05SHRENIK 1.75 1.70 1.75 1.80 1.70 2735.56 53.40 1.70 Shreyans 90.05 91.15 89.05 93.35 89.05 12.25 117.10 67.50 55 92.45Shreyas 73.90 75.80 75.70 78.50 74.55 62.92 95.50 36.70 21 75.50ShyamCent [1] 5.60 5.95 5.50 6.20 5.50 133.78 7.80 1.85 5.79Sicagen 16.95 17.60 16.75 17.95 15.15 84.70 18.85 10.31 17.30Sical Log 13.90 13.35 14.35 14.35 13.25 358.91 21.98 8.40 13.26Siemens [2] 1729.75 1769.80 1731.00 1787.20 1721.00 217.53 2055.10 990.30 80 1768.80SignetIndus 28.80 29.50 29.05 29.90 29.00 20.70 39.50 14.80 SIL Inv 183.25 184.35 183.00 187.00 182.65 1.03 229.00 97.10 6 188.00SilgoRetail 50.50 52.65 50.90 54.00 50.65 133.38 66.70 36.85 SimbholiSug 7.30 7.30 7.15 7.65 7.05 22.51 9.45 4.85 7.41Simp.Inf [2] 30.55 30.85 30.70 31.40 30.40 59.76 44.55 19.95 30.85SintercomInd 77.35 77.60 75.55 83.40 75.55 1.48 99.45 68.00 SintexPlaTec 3.15 3.20 3.20 3.20 3.10 1037.00 4.60 1.80 SitiNetwork 0.80 0.80 0.80 0.85 0.75 2215.68 2.00 0.40 Siyaram [2] 189.25 192.50 187.15 195.35 187.15 40.17 229.70 94.00 193.85SJVN 24.65 25.25 24.70 25.50 24.65 2529.77 28.65 19.10 6 25.20SKF India 2148.10 2150.10 2102.30 2170.40 2102.30 63.36 2514.00 1336.15 40 2137.90Skipper [1] 55.85 57.50 57.95 58.10 56.70 35.28 74.90 20.15 15 57.10SKM Egg 47.15 47.05 47.00 48.05 46.55 20.57 67.90 28.00 9 47.20Smartlink [2] 84.20 85.45 84.20 85.75 84.20 2.83 107.45 60.00 84.95SMCGloblSecu 67.30 67.75 69.40 69.60 67.10 29.69 92.20 66.80 SML Isuzu 434.95 465.10 435.00 477.00 432.25 27.89 551.30 324.15 466.00SMS Phr [1] 142.15 143.75 144.25 146.55 138.00 120.78 160.00 33.20 27 143.10SMSLifeScien 558.50 539.65 575.00 578.15 539.00 11.02 749.90 190.25 SnowmanLogi 47.75 49.90 49.50 51.40 48.00 7457.15 71.25 24.70 50.00Sobha 466.50 527.80 473.00 548.50 473.00 1628.29 548.00 172.40 50 528.65Solar Ind [2] 1258.80 1277.05 1261.00 1384.95 1255.10 101.34 1420.00 850.00 71 1276.85SolarActPhSc 1440.10 1473.05 1470.65 1512.00 1433.00 215.88 1624.90 450.00 Som Dist [5] 29.90 29.60 29.15 31.00 29.15 127.61 43.48 22.50 29.75Somany [2] 419.10 432.35 420.00 436.00 415.00 30.05 460.00 86.60 93 431.35SomanyHomInn 283.75 273.50 272.00 281.00 269.60 182.19 317.80 61.35 Sonata [1] 573.00 616.30 578.90 634.00 573.00 426.94 632.75 173.80 30 616.35SorilInfrRes 136.70 137.05 135.05 143.10 135.05 30.41 227.35 40.20 89 137.60South In Bk [1] 8.10 8.00 8.15 8.35 7.9526024.80 10.80 4.85 7.98SouthWestPin 47.35 50.20 45.05 51.60 43.95 18.00 55.40 10.70 SpandnaSphor 567.85 583.75 570.80 593.00 570.80 30.05 830.00 405.00 SPApparels 149.75 154.60 152.65 157.00 148.55 14.21 211.00 57.95 12 152.60Spec.Rest 37.60 38.05 37.65 39.00 37.00 26.21 55.00 25.25 37.75SpencersRetl 68.85 70.45 69.45 71.70 68.70 110.71 107.70 67.05 SPIC 29.10 29.90 29.05 30.40 28.90 480.22 35.30 13.46 16 29.95Spicejet 66.35 68.20 65.20 70.45 65.20 3240.67 108.00 38.60 SPL Ind 31.70 33.25 33.50 33.90 32.15 17.91 57.85 19.05 5 32.55SPML Infra [2] 10.15 9.80 10.40 10.40 9.60 39.99 18.09 5.73 9.83Sr.Leathrs 140.60 141.50 137.25 143.90 137.25 7.79 169.90 110.00 29 141.50Sr.Ray.HHP 244.55 247.55 243.00 249.95 243.00 13.93 314.00 90.25 7 247.80SREI Infr 7.65 7.10 7.40 7.70 7.00 6048.65 10.15 3.70 7.07SRF 6122.95 6052.80 6135.00 6330.00 6027.95 210.94 6363.95 3180.80 46 6045.00SrikalahPipe 166.70 174.75 166.95 175.10 166.95 37.07 223.90 109.50 7 174.40Star Pap 114.25 115.00 114.00 116.70 112.75 53.23 138.50 85.00 10 115.60StarCement [1] 97.35 100.85 96.65 104.60 96.20 787.32 111.85 66.80 24 100.75STC India 73.00 76.85 74.00 77.90 73.00 34.66 109.85 33.95 76.80Steel Strp 692.70 699.80 699.00 725.10 673.90 27.05 776.10 317.35 700.15SteelCitySec 35.35 35.10 35.95 35.95 34.60 8.91 44.10 17.45 SteelExIndia 56.65 58.15 56.00 58.95 53.85 120.01 68.70 11.50 Ster.Tool [2] 188.35 189.35 191.95 195.60 186.50 10.10 233.00 105.30 27 192.10Sterlg&Wilsn 302.55 311.05 305.00 317.00 301.50 1170.63 343.80 97.30 SterliteTech 215.40 216.70 217.00 220.20 212.10 316.20 238.00 71.00 StoveKraft 478.10 482.05 480.10 487.05 471.25 71.28 547.85 406.10 Str.Arcolab 872.40 876.10 894.00 918.00 870.10 1765.47 1000.00 322.00 131 876.15SUBEX 43.50 46.90 44.00 49.75 43.9541178.76 49.75 17.75 Subros [2] 299.45 299.20 300.00 304.00 292.00 29.23 363.40 133.20 52 298.65Sud.Chem [2] 526.30 548.10 521.15 552.75 521.15 124.05 599.50 354.05 31 547.35Sumit.Sec 511.45 513.75 516.60 520.40 504.05 2.37 625.00 264.55 30 506.00SumitomoChem 279.60 283.35 282.60 285.35 279.65 166.21 338.50 202.95 SumitWoods 11.45 11.10 11.30 12.00 10.80 38.71 15.30 7.45 Sun Pharma [1] 619.35 627.35 624.00 635.55 616.10 7399.21 653.70 434.25 51 627.40Sun Phr Adv [1] 157.10 162.05 158.00 164.80 158.00 478.27 209.80 118.20 162.15Sun TV [5] 453.90 465.10 459.00 466.75 454.15 1242.87 570.70 326.65 14 464.90Sund.Brak 335.15 343.40 344.85 346.45 336.50 1.44 414.00 153.30 25 344.95Sund.Clay [5] 2944.95 3118.05 2990.00 3190.00 2930.00 3.70 3899.70 1320.00 85 3114.30Sund.Fast [1] 697.35 709.65 699.00 719.80 694.45 128.06 839.00 259.20 59 708.60Sund.Fin 2437.10 2471.20 2439.00 2494.00 2436.40 15.94 2883.95 1165.00 38 2470.85Sund.Multi [1] 1.20 1.25 1.25 1.25 1.20 109.80 1.97 1.02 1.24SundarFinHol 73.95 74.30 75.10 75.75 74.05 38.29 91.50 42.00 Sunfl��ag 62.65 65.95 63.75 66.60 62.30 785.61 75.55 24.55 11 65.80Sunteck [1] 271.35 290.55 270.00 298.00 268.10 326.31 393.95 145.00 104 293.25Super Spn [1] 4.65 4.55 4.95 4.95 4.35 31.16 6.05 2.35 4.61Superhouse 113.90 115.75 116.85 117.20 114.00 24.61 148.45 60.00 7 116.05Supr.Ind [2] 1971.10 1971.95 1997.95 1998.00 1930.00 76.78 2130.55 870.00 41 1971.65Supr.Petro 484.95 497.80 507.00 514.80 490.10 113.47 534.95 120.15 17 496.85Suprajit [1] 271.60 279.45 274.00 281.35 273.00 55.90 310.00 107.10 34 278.75SupremeEngg 24.45 24.60 24.50 25.30 23.10 16.82 34.50 22.10 Surana Tel [1] 4.10 4.20 3.85 4.30 3.85 17.65 7.67 2.55 4.08Surya Rosh 353.45 363.55 354.00 371.50 354.00 207.33 409.75 75.50 16 363.75Suryalaxmi 31.40 31.25 30.45 32.20 30.45 2.00 38.10 12.76 30.75SuryodaySFB 250.00 256.30 252.75 264.00 252.75 97.22 296.35 247.60 Sutlej Te [1] 38.95 42.30 39.65 42.65 38.70 193.59 51.90 17.75 42.35Suven Lif [1] 83.75 88.20 85.00 88.85 85.00 1872.08 109.00 25.85 88.40SuvenPharma 480.55 481.90 485.00 489.65 479.15 165.02 825.00 270.00 Suzlon [2] 4.70 4.85 4.65 4.90 4.65 9692.79 8.68 2.30 4.84Swan Ener [1] 130.95 133.60 131.35 134.90 130.90 148.49 158.30 97.50 133.70Swaraj Eng 1326.15 1351.55 1315.00 1360.00 1315.00 5.25 1708.95 906.00 22 1339.70Swle. Ener 195.75 199.85 201.30 203.30 196.00 6.35 233.90 76.05 11 199.40Symphony [2] 1177.05 1205.20 1200.00 1219.45 1180.55 39.06 1529.65 763.25 77 1204.30Syngene Int 550.35 564.30 550.00 572.80 549.50 330.49 644.65 270.45 62 564.45
T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Tainwala 57.00 57.20 57.65 59.90 56.50 3.11 93.45 34.15 14 57.10Taj GVK [2] 107.70 109.75 107.05 110.00 107.05 37.27 185.00 104.90 109.70Take Sol [1] 47.00 47.00 47.50 48.45 46.25 2520.59 68.00 38.35 47.00
Talbros 205.50 209.60 209.00 212.00 203.35 24.23 257.00 71.40 25 207.25Tanla Sol [1] 936.45 955.15 926.00 967.90 920.05 146.80 1030.00 50.30 156 954.85Tarmat 46.65 46.00 48.20 48.20 46.00 13.19 62.00 18.55 7 46.20TastyBiteEat 14445.35 14190.25 14655.00 14692.85 14064.75 1.18 16099.00 8650.00 107 14180.95Tata Chem 750.30 759.15 750.45 767.45 739.30 5478.42 834.00 231.75 34 758.85Tata Cof [1] 117.45 117.55 119.15 121.50 116.60 1705.02 138.65 68.80 34 117.55Tata Com 1074.55 1100.50 1092.00 1144.00 1090.10 692.39 1365.00 290.40 36 1100.20Tata Elxsi 2916.75 2827.15 2920.00 2947.65 2802.10 278.73 3121.65 660.70 52 2825.70Tata Inv 1004.75 1003.90 1000.35 1009.00 991.00 22.31 1179.85 655.35 49 1002.90Tata M DVR [2] 127.15 134.25 127.75 134.90 126.05 3794.64 144.90 31.05 134.25Tata Metlk 874.65 900.75 876.70 915.95 856.20 448.67 956.50 332.55 13 903.05Tata Motors [2] 286.55 302.85 287.25 304.55 280.55116874.85 357.00 71.10 302.70Tata Steel 851.55 879.00 862.00 881.60 849.0020428.50 953.10 259.25 16 878.95TataConsumPr 655.60 663.95 657.00 677.90 656.00 3065.42 685.00 301.10 TataPowerC[1] 92.20 95.85 92.30 96.30 91.5576861.73 114.95 27.00 45 95.80TataSteelBSL 54.50 56.55 55.05 56.75 54.40 7594.13 62.00 16.10 TataStlLngPr 777.85 770.80 761.00 788.05 740.00 155.55 875.00 214.00 TCI Devl 306.85 301.05 311.55 315.00 299.05 0.21 444.75 218.00 296.25TCI Express [2] 842.80 869.75 847.20 874.10 840.10 14.84 1024.45 523.00 43 872.00TCI Fin 6.05 5.65 5.45 6.00 5.45 13.29 8.40 3.80 5.55TCNSClothing 480.00 468.00 482.50 483.00 461.60 61.97 561.20 315.10 TCPLPackage 397.80 398.60 403.05 408.00 391.55 4.32 465.00 155.20 TCS [1] 3246.55 3104.05 3214.00 3214.00 3073.05 8654.60 3358.80 1677.60 36 3105.00TD Power 153.80 154.30 153.90 155.00 151.40 9.79 171.90 75.40 33 154.25TeamleaseSvc 3349.80 3370.75 3312.10 3416.35 3250.00 16.98 3884.10 1428.00 182 3364.75TechMahind [5] 1039.85 1001.85 1045.00 1050.25 983.00 6449.00 1081.35 490.10 22 1001.30Technocr 369.25 371.40 373.95 376.45 369.15 13.94 444.20 179.50 12 370.30TechnoEle&En 298.15 295.10 306.80 306.80 283.10 65.28 327.85 171.05 TejasNetwork 170.40 166.60 164.00 170.30 162.55 384.83 220.85 31.00 TeraSoftware 36.15 37.70 36.90 38.15 36.00 15.18 72.30 13.93 37 37.85Tex.Infra [1] 71.00 72.05 71.25 73.60 70.60 26.72 80.90 30.30 72.00Tex.Pipe 25.25 27.65 25.65 28.00 25.20 384.98 33.65 9.46 10 27.65Tex.Rail [1] 25.30 25.80 25.05 26.00 25.05 244.58 38.70 20.20 15 25.75TGB Banq 4.35 4.55 4.60 4.70 4.20 11.80 7.82 1.87 4.60Thanga.Jwl 606.20 608.95 602.45 628.80 601.25 47.12 675.20 226.85 10 610.50The Byke Hos 18.35 18.80 18.95 18.95 18.25 19.91 26.00 8.60 18.60TheAnupEngg 558.55 564.55 560.00 572.80 555.55 14.43 839.20 261.00 TheGrobTeaCo 790.15 802.35 790.35 811.95 790.00 0.78 1134.80 253.00 TheInvstTrst 85.80 89.65 87.35 92.00 86.00 6.09 174.35 84.05 TheMandRetVe 12.05 11.90 11.85 12.00 11.60 33.45 16.13 6.16 11.96Themis 307.20 313.90 315.00 315.05 310.00 2.72 424.00 271.70 12 313.95TheNewIndA [5] 145.75 149.35 148.80 152.40 147.25 802.65 197.00 99.55 16 149.35Thermax [2] 1339.50 1339.80 1325.00 1359.90 1324.90 81.22 1464.35 685.00 237 1335.70Thiru.Chem [1] 87.00 88.85 87.75 89.75 87.00 243.39 118.70 38.75 15 88.80Thom.Cook [1] 45.55 45.85 44.25 46.20 44.25 182.20 61.80 22.00 45.95ThyrocareTec 1055.30 1021.55 1080.00 1100.00 1004.00 776.64 1212.00 485.30 54 1016.75Tidewater [5] 4353.10 4339.30 4330.05 4410.00 4290.00 1.14 5330.00 3334.50 13 4333.55TIL 158.50 168.00 156.45 171.00 156.45 23.07 204.40 109.00 166.25Tilakngr Ind 34.15 35.05 34.20 35.85 34.20 166.81 39.00 14.55 35.00Time Gty 23.95 23.80 23.95 24.85 23.20 0.33 31.00 16.64 11 25.00Time Tech [1] 64.90 65.50 65.00 66.90 64.25 576.82 70.90 27.80 37 65.65Timken 1366.70 1358.10 1390.00 1390.00 1331.00 45.44 1448.00 742.35 67 1353.95Tinplate 162.90 168.15 163.35 170.85 162.45 512.64 192.45 77.55 26 168.15Tita.Wag [2] 47.05 48.55 47.00 48.95 46.45 194.41 62.25 28.65 8 48.50TitanCompan[1] 1510.45 1530.60 1528.60 1553.30 1516.65 1880.58 1620.95 809.85 171 1530.65TN News 136.80 140.15 137.30 141.15 137.25 237.23 161.35 87.05 140.20TN Petro 54.40 61.25 56.80 63.85 55.95 6875.72 63.80 28.10 9 61.55Tokyo Pl 70.10 72.05 71.65 72.90 70.20 1.92 86.65 50.35 Tor.Pwr 400.00 397.00 397.30 407.15 388.45 1039.22 434.90 283.20 12 397.30TorrentPhar [5] 2555.80 2566.65 2583.00 2607.05 2544.05 309.99 3040.00 2227.20 42 2566.40TotalTranspt 43.00 42.25 46.90 46.90 41.80 16.79 84.05 25.90 Tou.Fin.Cor 54.15 56.20 55.70 56.95 54.30 114.39 75.60 27.35 6 56.25TPL Plastech 167.85 181.15 167.85 184.00 167.85 22.91 187.95 70.00 21 181.30Trans.Corp [2] 269.90 256.55 268.00 277.95 254.10 71.80 289.00 147.00 16 256.55Tree Hse 8.35 8.70 8.35 8.75 8.25 55.88 10.02 3.75 8.55TrejharaSolu 32.75 32.55 35.05 35.05 31.30 34.01 51.50 5.20 Trent [1] 710.75 729.25 711.70 732.80 711.70 437.33 945.00 401.75 730.05TRF 88.55 90.80 92.00 92.00 89.80 12.64 124.55 60.10 90.00Trib Bhimji 61.80 63.10 63.50 64.05 61.50 70.42 96.40 19.60 11 63.20Trident [1] 13.40 13.70 13.45 13.80 13.40 7537.17 16.98 4.30 13.67Trigyn 65.60 68.05 65.60 69.75 65.60 46.12 93.05 24.15 67.95TRIL [1] 17.15 17.45 17.80 17.80 16.80 88.22 23.90 6.15 17.45Triv.Eng [1] 89.05 93.85 89.45 95.05 88.40 1402.66 97.80 34.70 6 93.85Triv.Tur [1] 97.30 98.70 99.00 99.95 96.90 56.77 118.00 56.00 34 99.00TT 44.80 45.15 44.70 45.75 44.70 3.52 63.50 26.40 45.30TTK Prst 7314.05 7517.25 7314.05 7647.95 7300.00 19.52 8055.25 4521.70 60 7499.15TTKHealtcare 500.60 498.25 530.00 530.00 494.20 0.97 669.80 388.00 25 498.00TubeInvIndia 1135.65 1136.45 1154.65 1164.95 1125.00 66.01 1240.00 300.00 TV Today [5] 268.35 272.15 269.50 274.75 269.50 21.63 305.00 166.80 13 272.10TV18 Br [2] 26.55 27.20 26.75 27.25 26.40 4788.64 41.70 15.30 27.20TVS Mot [1] 538.90 547.95 541.00 549.80 533.80 1372.14 659.80 265.45 63 547.95TVS Sri 1694.90 1697.80 1691.30 1749.35 1685.00 8.90 2272.85 974.90 20 1698.60
U . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .UB [1] 1084.15 1101.00 1084.15 1110.65 1082.00 378.10 1328.45 860.05 1101.45Ucal Fuel 138.00 139.05 140.00 141.00 138.20 20.98 173.75 80.00 11 138.85Uco Bk 11.15 11.50 11.25 11.65 11.1511182.12 16.76 9.10 11.50Ufl��ex 357.50 364.85 360.00 381.00 352.80 77.20 448.00 158.35 13 364.50UFO Moviez 70.40 73.50 69.60 74.00 69.60 50.61 104.00 64.00 73.45Ugar Sug [1] 16.70 17.15 16.85 17.85 16.45 335.65 20.50 10.90 4 16.95UjivanFinSer 201.15 203.05 203.45 207.60 200.70 831.60 310.85 144.70 202.95UjjivanSFB 29.10 29.85 29.25 29.95 29.00 1315.28 44.60 25.60 UltraTech 6509.40 6604.45 6550.00 6656.45 6504.60 551.19 7050.00 3235.00 29 6604.80UmangDair [5] 55.55 55.85 55.55 57.15 55.25 7.26 70.00 34.00 18 57.30Unichm Lab [2] 311.45 312.55 312.05 319.70 311.85 42.18 360.00 121.60 53 312.75Union Bk 34.40 35.10 34.75 35.45 34.1510176.42 45.25 22.60 14 35.10Uniph.Ent [2] 74.05 74.65 73.80 77.80 73.30 16.96 90.40 41.00 23 75.00United Nil 293.45 297.50 302.45 302.45 297.10 1.31 390.00 189.00 United Spr [2] 515.65 524.20 520.05 526.00 515.00 1136.81 661.50 478.85 157 523.40UnitedDrilng 312.95 325.40 321.85 339.65 315.90 4.77 369.00 234.25 Univ.Cab 136.20 137.70 135.50 140.00 135.50 5.19 175.60 83.00 30 136.90UniversusImg 170.85 175.55 157.00 177.05 157.00 1.83 265.85 45.80 UPL [2] 589.55 604.60 594.00 618.50 589.0010046.45 673.85 316.65 196 604.45Usha Mar [1] 37.30 38.75 37.15 40.15 37.10 3015.32 42.50 12.70 23 38.70UTIAMC 545.40 550.70 540.25 564.00 540.25 177.24 624.00 471.10 Utm.Sug 92.55 95.65 91.05 97.20 91.05 129.99 115.45 53.00 6 95.75
V . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .V Mart 2762.15 2776.75 2776.00 2789.55 2750.00 6.14 3129.40 1514.15 2770.15V2 Retail 121.45 116.30 120.00 120.00 115.40 58.60 154.80 43.60 116.20VA T Wab [2] 241.35 242.20 242.30 249.90 235.00 500.91 304.80 88.00 36 242.40Vadilal 913.80 927.80 908.05 930.00 908.00 20.74 979.00 477.10 925.75VadivrSpeChe 129.20 129.40 132.95 133.00 127.45 1.95 151.75 47.00 Vaibhav 4225.90 4518.35 4219.85 4550.00 4200.00 50.51 4850.00 824.70 111 4517.20Vakrang [1] 62.70 59.60 59.60 59.60 59.60 330.38 69.85 21.65 59.45ValiantOrgan 1386.20 1409.60 1395.00 1440.65 1380.85 18.11 3877.00 1121.00 Vard Text 1199.60 1187.05 1205.60 1225.95 1180.10 43.99 1333.20 610.00 26 1184.70Vard.Acry 35.75 35.35 36.65 36.90 34.90 23.39 223.55 95.65 175.60Vard.Hld 1651.65 1667.60 1760.00 1765.95 1654.95 2.09 2146.70 901.05 74 1674.65Vard.SPC 152.15 149.95 156.50 157.40 148.00 140.64 176.00 38.50 28 149.40VarrocEngg 355.55 356.55 356.00 366.40 346.55 105.86 477.65 127.00 VarunBevera 988.90 1004.55 994.80 1015.00 989.00 421.09 1095.85 546.90 102 1004.80Vascon 16.90 16.85 16.50 17.30 16.50 86.97 21.25 6.88 16.80Vaswani 9.70 9.50 9.00 10.40 9.00 13.11 12.62 2.64 3 9.49VEDANTA [1] 213.20 218.45 213.30 219.50 212.10 9623.85 244.90 73.40 7 218.30Venky's 1542.30 1568.90 1547.85 1582.00 1538.00 35.90 1845.00 961.75 24 1567.50VenusRem 275.90 285.10 275.50 289.65 270.00 94.73 314.10 28.35 21 284.20VertozAdvtsg 253.90 260.30 254.00 277.00 253.30 184.35 322.00 67.15 Vesuvius 1015.00 1006.65 1033.90 1035.00 997.00 6.27 1187.05 828.05 38 1002.80Veto Switch 129.30 130.40 134.50 134.95 125.65 27.73 158.05 29.55 17 130.00VGuard [1] 231.60 232.90 231.50 235.35 229.00 604.87 262.00 158.40 62 233.10VidhiSpclIng [1] 192.00 191.65 190.05 198.00 186.00 176.69 218.00 50.00 27 192.65Viji Finance [1] 0.65 0.65 0.65 0.65 0.60 91.42 0.89 0.25 0.66VikasEcoTec [1] 2.00 2.00 1.95 2.10 1.95 1174.66 11.59 1.16 2.02VikasMultCor 2.85 2.95 2.85 2.95 2.85 3597.62 21.40 0.90 VikasPro&Gnt 2.40 2.45 2.40 2.50 2.30 918.11 5.85 2.00 VikasWSP 5.60 5.60 5.55 6.00 5.50 237.41 7.40 3.65 Vimta Lab [2] 211.25 203.10 213.50 220.00 200.20 296.38 222.80 65.50 33 203.30Vinati Org [1] 1609.30 1619.25 1587.00 1681.00 1575.10 321.49 1680.90 840.00 61 1627.40Vindh.Tel 810.45 820.35 806.00 828.00 806.00 6.87 980.55 432.00 11 823.85Vinyl Chm [1] 115.70 116.65 116.00 118.05 115.05 38.12 144.00 43.30 28 116.60VIP Ind [2] 337.05 333.20 337.00 342.55 328.80 194.11 421.95 203.00 333.45Visa Stl 7.00 6.65 6.70 7.30 6.65 78.42 8.62 2.83 6.69Visak.Ind 478.40 482.80 479.00 494.60 476.55 45.27 535.75 135.55 9 481.95VishalFabric 54.65 52.90 52.10 56.90 52.00 103.37 372.20 40.70 Vishnu Chemi 291.40 282.90 291.95 295.00 279.50 11.08 337.70 109.10 17 281.45VishwarajSug 120.05 122.00 120.25 126.35 117.00 47.27 169.70 61.00 Vivi Lab [2] 16.20 16.65 16.00 16.90 16.00 249.73 23.62 9.70 16.75VLS Fin 81.05 81.70 81.25 84.20 80.20 30.56 96.55 32.80 2 81.70Voltamp 1032.30 1065.20 1037.50 1068.50 1034.00 6.46 1351.35 810.00 12 1064.20Voltas [1] 950.30 958.25 957.50 969.90 946.00 2632.69 1131.20 428.00 59 959.35VRL Logistic 222.90 239.25 222.95 245.85 222.00 129.07 268.75 140.10 210 236.25VST Ind 3321.90 3309.50 3318.05 3350.90 3295.00 3.48 4048.30 2758.80 17 3309.20VST Til 1791.10 1822.75 1800.00 1836.10 1780.00 6.45 2044.90 664.05 21 1826.15
W . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Wabco Ind [5] 6045.10 6088.40 6145.00 6198.95 6011.10 1.98 7622.95 4770.15 132 6083.00Walch.Ind [2] 59.00 60.20 59.15 60.75 59.05 131.40 80.00 31.25 60.30Waterbase 101.00 104.50 103.00 105.20 101.10 104.64 145.90 95.70 Webel SL 42.15 43.85 42.15 44.80 42.15 93.57 51.00 14.00 11 43.65
Weizman 42.35 43.45 46.20 46.20 41.70 4.43 68.90 21.50 17 44.75Wels.Corp [5] 148.00 148.85 150.05 152.55 147.60 1048.51 164.50 55.00 4 148.90Wels.India [1] 77.75 77.55 78.25 80.95 77.25 1153.84 87.90 22.75 17 77.45Wels.Inv 380.30 396.85 397.05 419.00 380.00 7.69 513.35 141.00 20 404.90Welspun Ent. 104.55 106.00 106.10 108.50 105.00 87.23 134.90 46.65 14 106.10WelthFrstprt 122.95 131.65 117.15 133.95 117.15 0.11 160.00 96.70 Wendt 3122.20 3138.85 3114.45 3174.90 3105.00 0.20 4257.75 1849.00 107 3118.35West C Pap [2] 208.60 210.25 208.50 216.00 207.60 114.46 277.00 122.55 209.30WestlifeDevp 403.90 404.05 404.70 416.35 396.00 168.80 535.00 271.25 Wheels Ind 433.50 441.55 430.35 442.15 430.35 4.12 600.00 324.15 441.05Whirlpool 2155.80 2183.05 2159.00 2214.00 2135.00 48.10 2777.00 1717.20 93 2182.55Wil.Magor 19.10 18.60 20.70 20.70 18.50 5.14 29.00 10.37 1 18.35Win.Diamond[2] 28.60 28.30 27.40 29.75 27.20 111.73 32.85 9.88 28.30Wipro [2] 432.60 418.95 432.00 437.55 412.6020420.32 467.20 174.00 25 418.65Wockhardt [5] 439.60 446.15 443.00 453.50 438.10 573.49 569.80 211.00 446.35WonderlaHoli 180.85 189.95 182.00 198.00 182.00 45.66 234.50 104.95 191.35WorthPeriprl 47.50 47.55 47.70 48.75 47.05 5.26 69.25 37.85
X-Z . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Xchang 63.60 64.50 65.90 65.90 63.50 46.79 99.70 33.05 39 64.95XelpmocD&T 291.25 307.45 292.00 310.60 292.00 39.69 387.30 39.65 YaariDigIntg 116.70 110.90 110.90 114.90 110.90 558.40 183.45 31.00 Yes Bk [2] 14.45 14.70 14.40 14.75 14.3079542.18 31.95 11.10 14.70Zee Ent [1] 181.10 188.05 184.85 189.25 182.10 9965.32 261.00 128.30 32 188.20Zee Learn [1] 9.90 10.10 10.15 10.30 10.00 485.42 20.00 9.75 10.10Zee Med [1] 6.00 6.15 6.00 6.20 6.00 513.20 8.09 4.26 6 6.14Zen Exp 65.45 64.20 64.80 65.45 62.60 0.37 99.75 32.10 Zen Tech. [1] 76.10 77.30 76.50 78.40 75.95 59.28 103.80 28.40 30 77.40ZensarTec [2] 269.45 272.70 269.00 275.00 267.05 107.51 346.95 77.50 22 273.25Zod.Clo 89.95 91.30 91.45 92.65 90.05 15.78 158.50 88.00 91.50Zod.Jrd 24.10 24.95 23.55 25.55 23.55 1.16 42.00 18.75 24.90ZotaHealthCr 143.95 145.15 147.80 147.80 143.05 4.52 188.00 131.10 Zuari Ag 87.85 93.35 87.85 97.15 87.85 275.70 123.65 72.00 93.40ZydusWel 2115.10 2086.40 2120.00 2133.00 2069.95 137.92 2217.55 1185.00 2085.30
Exchange Traded Funds
Company Pre Cl NSE Cl Vol 52 WH 52 WL BSE Cl
Axis Gold [1] 40.42 40.42 138.34 53.05 38.36 40.50AXISAMC AXISBNKETF 307.54 318.38 0.98 377.18 241.11 AXISAMC AXISNIFTY 149.29 150.68 3.48 1298.34 110.11 AXISAMC AXISTECETF 271.14 266.27 2.23 317.70 260.00 Bank BeEs [1] 309.68 319.44 1183.50 379.93 172.80 319.10Birla Gold 4254.40 4240.85 0.14 5400.00 4050.00 4247.72Birla Nifty [100] 157.94 158.68 0.12 5800.00 4061.00 4218.82BIRLASLAM ABSLBANETF 306.86 316.74 1.94 420.00 162.50 BIRLASLAMC ABSLNN50ET 362.09 346.47 3.33 417.00 205.43 ConsConstCon 118.30 118.00 211.91 137.00 70.00 DSPBRAMC QUIDETF 1000.00 1000.00 6.42 1096.00 810.90 EDELAMC EBBETF0423 1120.70 1120.15 2.57 1199.00 830.90 EDELAMC EBBETF0425 1032.87 1031.08 5.91 1115.90 925.00 EDELAMC EBBETF0430 1143.67 1145.19 11.38 1200.00 895.00 EDELAMC EBBETF0431 1022.49 1026.64 11.99 1106.00 972.00 EDELAMC EQ30 431.60 434.00 0.00 441.28 255.00 Gold BeEs [1] 40.49 40.51 4146.82 49.50 38.17 40.51Goldmanamc CPSEETF 21.36 22.03 1675.89 24.75 15.70 22.02HangSengBees [1] 363.46 362.17 0.61 389.00 268.00 360.00HDFC Gold [1] 41.48 41.49 422.26 50.89 38.70 41.50HDFCAMC HBANKETF 311.72 319.21 9.77 383.60 200.10 HDFCAmcNift [76] 154.25 154.24 24.51 166.85 93.10 154.25HDFCAmcSens 543.17 517.74 7.16 6300.00 455.00 IBULLSAMC IBMFNIFTY 145.97 146.25 0.34 174.00 92.00 ICICIPRAMC BHARATIWIN 33.80 34.70 175.18 39.80 20.70 ICICIPRAMC ICICI500 198.40 200.20 3.89 222.30 118.00 ICICIPRAMC ICICIALPLV 145.79 144.11 5.05 160.00 99.90 ICICIPRAMC ICICIBANKP 162.13 168.02 29.66 218.00 92.50 ICICIPRAMC ICICILIQ 999.99 999.80 65.50 1050.00 805.95 ICICIPRAMC ICICIM150 88.60 89.19 15.07 108.15 45.50 ICICIPRAMC ICICINXT50 34.36 34.77 27.00 42.00 20.77 ICICIPRAMC ICICITECH 269.02 260.21 79.08 294.40 158.95 ICICIPRAMC IPRU5008 306.47 316.04 7.40 422.20 168.96 ICICIPRNIFLWVL30ETF 41.34 41.36 361.27 54.10 37.05 ICICIPRNIFLWVL30ETF 83.98 84.85 16.38 96.40 40.00 ICICIPRUDENTIALNV20ETF 78.69 78.01 28.53 96.15 44.20 ICICIPRUDNIFTY100ETF 155.69 158.22 5.52 193.50 90.10 ICICIPRUDNIFTYETF 156.02 154.63 211.00 182.90 90.90 ICICIPRUDSENSEXETF 516.95 521.86 1.70 580.40 320.00 IDBI Gold [100] 4239.40 4222.60 0.17 5800.00 4061.00 4218.82IDFCAMC IDFNIFTYET 150.23 150.80 0.09 172.00 90.10 Infra BeEs 414.11 417.15 2.50 1582.00 921.00 1502.00InvesIndGold [100] 4289.00 4250.90 0.03 5445.00 3989.50 4177.80InvesInNifty 1549.92 1573.55 0.00 1949.00 875.90 Kotak Nifty [5] 151.74 151.91 99.49 2048.95 1108.00 1775.85Kotak PSU Bk 196.86 207.20 23.41 264.09 106.39 202.45KOTAKMAMC KOTAKIT 27.05 26.39 5.80 31.00 23.36 KOTAKMAMCKOTKBKETF 311.27 320.63 48.92 414.70 171.66 KOTAKMAMCKTNV20ETF 81.29 79.99 7.86 93.30 45.12 Kotal Gold 406.15 406.55 24.93 507.00 368.10 406.03LICNAMC CNFENGP 158.14 157.03 0.44 178.60 88.30 LICNAMC CNFESGP 536.12 509.89 0.78 620.00 311.00 LICNAMC CNFNHGP 156.03 156.99 0.04 176.00 86.20 LICNAMC CNMFET 21.68 21.87 1.41 25.50 18.56 Liquid BeEs [1000] 1000.00 1000.00 1111.20 1009.90 997.55 1000.01MIRAEAMC MAESGETF 24.77 24.99 4.58 28.34 22.00 MIRAEAMC MAN50ETF 146.42 148.60 7.80 170.15 81.10 MIRAEAMC MANXT50 336.11 339.86 6.88 385.00 190.00 MostGold 24.90 24.78 84.56 26.23 13.01 24.98MostM50 [7] 140.44 142.78 5.00 156.00 85.06 142.90MostM50 1021.01 1029.23 43.75 1029.50 608.10 1029.27MOTILALAMC G5 47.72 47.74 0.60 52.69 45.89 NI I ETF NIFTY MIDCAP 150 93.25 90.00 217.14 99.79 40.05 NiftyBeEs [1] 154.08 155.50 2306.25 188.32 93.50 155.48NiftyJrBeEs [1] 353.62 356.42 73.94 377.00 232.00 355.99NIIndETFLong 22.28 22.30 11.52 25.50 17.62 NIPETFDivOpp 36.90 36.67 3.89 43.00 22.62 NIPP INDIA ETF NIFTY 100 148.74 149.90 1.20 167.00 92.01 NippnIndNim 103.60 103.45 2.80 123.26 99.91 NippoIndETF 65.01 64.50 10.27 77.00 42.50 NIPPON INDIA ETF NV20 81.53 80.78 5.54 95.10 43.01 PSU Bk BeEs [1] 21.84 22.65 704.62 30.41 11.67 22.59Qgold [100] 2009.95 2011.50 0.74 2500.00 1820.00 2010.79RELCAPAMC NETFGILT5Y 47.72 47.70 0.00 50.00 47.68 RELCAPAMC NETFIT 26.87 26.13 1448.66 27.80 14.00 RELCAPAMCNETFSDL26 102.75 102.60 0.05 105.88 101.15 SBIAMC SBIETFIT 268.58 260.84 6.69 300.00 201.20 SBIAMC SBIETFPB 165.67 169.99 2.23 202.95 130.60 SBIAMC SBIETFQLTY 126.61 127.29 1.48 135.00 81.00 SBIAMC SETF10GILT 203.60 204.44 0.39 241.70 154.27 SBIETF Gold 4143.85 4154.75 10.44 5135.75 3935.00 SBIETF NIFTY 50 147.04 147.04 426.48 178.00 87.90 SBIETF NIFTY BANK 309.44 316.70 82.12 386.80 170.35 SBIETFNN50 351.46 354.14 18.05 402.00 219.30 Sharia BeEs 380.21 372.95 2.72 394.00 186.90 388.60TATAAML NETF 180.97 182.59 0.88 185.65 85.10 TATAAML NPBET 170.90 173.86 0.46 198.00 88.11 UTI Gold [1] 41.40 41.25 135.80 56.00 39.21 41.33UTIAMC UTIBANKETF 30.74 31.77 13.66 428.00 26.40 UTIAMC UTINEXT50 35.95 35.85 5.62 435.30 33.00 UTIAMC UTINIFT 1516.70 1514.20 0.57 1716.20 930.00 UTIAMC UTISENS 502.45 507.06 0.78 595.00 322.10 UTIAMC UTISXN50 39.18 39.69 0.54 426.90 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
A.K.Capital 335.50 356.50A.Sarabhai 18.55 19.00Aarey Drugs 23.75 23.90Aartisurf 1428.60 1537.55Aayush 25.55 25.95Abc India 64.40 64.55AbmKnowled[5] 111.65 115.75Abslbanetf 314.16 319.05Abvl 7.05 7.40Accel [2] 15.55 15.00Aci Infocom [1] 0.34 0.33Acknit Ind 86.05 84.85Acrycil Ltd. [2] 335.00 334.55Ador Fontech[2] 35.90 36.65Ador Multi. 85.60 83.60Ael [5] 13.35 11.87Afel 16.70 17.00Agiil 70.75 72.25Aimco Pesti. 98.60 99.35Ainfra [5] 23.95 21.85Ajanta Soya 77.35 76.75Ajil 27.50 29.10Alexander 16.30 16.95Alka India [1] 0.45 0.43Alu Fluoride 230.65 231.40Amal Product 383.45 372.10Amfl�� 1.60 1.64Amines&Plast [2] 75.70 77.10Amintan [1] 0.82 0.88Andhra Petro 59.10 61.20Andrew Yule [2] 20.80 21.20Angelbrkg 293.50 292.75Anjani Synt. 25.60 23.45Anjanifoods 213.55 221.25Anuh Pharma[5] 108.35 115.40Anup 558.85 565.90Anupam 7.83 7.94Anuras 553.20 580.90Apollo Fin I 288.00 279.85Apollotri [2] 1081.85 1105.45Architorg 22.65 23.70Arfi��n 66.30 69.60Arihant Cap. [5] 66.70 65.80Arnold Hold 19.90 19.95Artefact Pr 29.05 31.50Artemiselc 40.30 40.40Artson Eng [1] 41.05 41.10Ashfl�� 80.15 82.20Ashikacr 38.00 36.45Ashirwa Cap [1] 4.04 4.03Ashirwad Stl 13.30 12.57AshokAlco 82.85 82.55Asian Tea 14.20 15.13Asianene 90.25 91.80Asiil [1] 23.60 23.50Asm Technolo 107.20 104.05Asrl 56.50 53.30Asso.Alcohol 407.95 416.10Asyainfo 4.67 4.23Auro Lab. 83.45 86.60Avantel Ltd 379.20 388.70Avl 209.00 213.15Awhcl [5] 246.95 249.15Axtel Indus. 290.75 297.65B.N.Rathi Se 24.50 25.00B2b Soft. 18.80 18.55Bajaj Steel [5] 479.30 513.65Bajajhcare 432.40 437.90Balmer La.In 436.65 451.05Bambino Agro 165.55 168.30Banas Fin. 5.42 5.50Barbeque [5] 705.70 688.05Basant Agro [1] 6.21 6.69Bclil 109.30 119.25Bcpl 51.95 53.95Bdh Indus. 86.75 86.90Bectorfood 343.90 346.65
Beekay 313.40 326.55Bengla& Asm 1343.60 1358.05Bestagro 397.90 402.75Bhagira.Chem 468.70 483.45Bharat Bhush 15.50 17.75Bharat Seats [2] 68.55 70.40Bhaskar Agro 35.10 34.50Bhilwra Tec [1] 6.49 6.10Bilcare Ltd. 52.10 51.90Binny Ltd. [5] 110.45 113.10Binny Mills 63.70 62.00Biogen [1] 0.28 0.29Birla Pretec [2] 9.63 10.02Birlatyres 22.45 23.80Bl.Chip Tex 86.05 90.00Bla Ros Ind [1] 170.80 170.20Bmw [1] 30.70 29.50Bnaltd 147.70 148.05Bnk Capital 183.90 184.00Bodhtree 28.00 28.25Bom.Cycle 440.00 435.35BomoxyB1 [100] 18421.65 20263.80Boroltd [1] 180.20 187.20Bplpharma 349.50 357.90Bslsenetfg 474.67 478.16Burgerking 132.55 132.30Camex Ltd 17.60 19.30Cams 1795.75 1791.40Caprihans 82.40 83.30Captain Poly [2] 39.00 38.40Ceejay Finan 89.50 82.30Ceinsystech 137.00 128.35CgVak Softw 94.00 94.85Chamanl Se [2] 82.75 82.45Chandni Te 56.70 57.25Chandrima 3.40 3.57Charterlogis [1] 3.35 3.35Chdchem 14.80 14.55Chemb Chm [5] 183.60 187.75Chemcon 409.15 414.15Cheviot Co. 723.45 731.75Choice Int. 118.00 118.00Cifl�� 98.85 99.95Coast Corp 171.40 178.10Cochin Min. 107.70 108.10Cockerill 809.60 814.10Colorchips 27.50 27.00Comfort Com 9.00 9.45Comfort Inte 9.60 10.08Concord 33.00 33.70Cont.Petro [5] 52.40 49.80Coral Lab. 327.10 335.25Corpor Cour 4.98 5.03Cosco India 97.70 103.55Craftsman [5] 1365.35 1368.15Cravatex 264.10 253.00Cressanda So[1] 0.45 0.43Crowntours 18.90 18.90Cslfi��nance 233.90 243.90DaiIchi Kar 331.55 359.25Danlaw Tech. 303.50 318.65Darjeeling 3.65 3.47Deccangold [1] 16.95 17.75Decipher 32.90 34.15Deep 71.35 74.60Deepak Spinn 95.35 97.00Delton Cable 30.15 30.90Denis Chem 37.45 39.40Devhari [1] 0.81 0.77Dhabriya 44.35 48.00Dhanvarsha 554.15 580.15Dharamsi Chm 326.00 311.75Dhp India Lt 362.30 354.10Diamines&Chm 319.25 317.00Diana Tea Co [5] 16.45 16.50Disa India 4490.25 4792.30Dolphin Medi 1.64 1.72
Dr.Agar.Eye 324.95 330.00Duke Offshor 8.84 9.22Duroply 46.35 45.80Dutron Poly. 151.15 145.05Dynamic 24.65 25.00E.Com Infote 14.18 14.40Easemytrip [2] 189.15 191.90Eastwest [2] 10.10 9.60Ecoreco 54.35 54.20Elantas 3538.80 3570.40Eldeco Hous. 1815.00 1865.00Elloratrad 49.90 50.85Emerald 11.98 12.52Empire Ind. 613.75 616.95Enkei Wheel [5] 260.60 266.20Equitasbnk 52.05 53.80Etil 2.71 2.58Everest Org. 231.25 235.00Evexia 135.45 138.50Expo Gas [4] 5.36 5.29Facor Alloys [1] 2.77 2.82Fairchemor 758.15 780.25Faze Three L 68.60 73.40Faze3auto 73.50 72.55Fermenta [5] 257.25 257.95Fiberwb In 28.20 28.75Finkurve [1] 48.90 48.40Fivextrade 1.06 1.04Flex Foods 73.50 73.20Fluorochem [1] 707.15 731.65Foods & Inns [1] 49.70 50.00Forbes & Co 1755.15 1802.10Force Motr 1121.95 1133.55Fortis Mlr 60.95 60.50Fredun 440.00 443.85Freshtrop Fr 76.10 76.25Frontier Spr 263.60 265.40G.V.Films [1] 0.37 0.36Ganesh Benz [1] 63.20 67.05Garware Poly 706.85 712.60Gbfl�� 2.59 2.51Gblil 2.10 2.14Gckl 19.10 18.15Gemstone In[1] 1.28 1.29Gennex Lab [1] 4.35 4.70Genpharma [1] 8.23 8.22Ggeng 104.55 104.55Gitarenew 27.75 28.30Gland [1] 2595.70 2532.05Glosterltd 667.15 707.40Gnrl 13.01 12.75Godavari Dru 54.55 56.60Golden Lami[5] 792.40 812.85Goodricke 200.85 202.20Goodyear (I) 892.80 889.40Goyal Asso. [1] 3.97 4.03Grauer& Weil[1] 38.50 41.15Greencrest [1] 0.87 0.86Greenpanel [1] 185.20 188.65Grm Overseas 1911.15 1872.95Gstl 60.65 61.50Guj.Themis. [5] 214.70 214.55H.P.Cotton 43.45 44.65Haldyn Glass [1] 30.20 30.45Happstmnds [2] 621.85 638.15Hathway Bhaw 15.60 16.00Hawkins Cook 5322.35 5417.55Hbanketf [223] 311.31 319.49Heranba 638.15 646.15Hfi��l 9.84 9.80High Energy 777.80 779.10Hind Alumin 32.80 33.00Hind.Foods 1980.65 1973.80Hind.Tin Wrk 63.40 63.90Hitechwind 5.70 5.42Hleglas 2333.35 2380.55Homefi��rst [2] 443.15 456.20
Huil 3471.75 3417.70Icici500 198.99 200.64Icicialplv 145.77 144.00Icicibankn 307.63 316.19Icicibankp 162.18 168.61Icicim150 88.76 89.81Icicimcap 90.53 84.98Icicinv20 78.40 77.81Icicinxt50 [1] 34.29 34.74Icicisensx 525.50 521.65Icicitech 269.89 260.07Ifi��nser 4.88 5.11Iifl��sec [2] 47.55 47.90Iifl��wam [2] 1178.50 1186.20Imcap 44.00 41.45Inani Marble [2] 17.00 16.30Ind Cem Cap 6.63 6.82Ind.Acrylics 9.91 9.99Ind.Bank Hsg 30.95 30.85Ind.Toners 133.65 134.50IndagRubber[2] 83.50 83.40India Home 41.65 40.85Indiamart 7890.15 7945.80Indian Info. [1] 0.43 0.41Indicap 34.05 33.00Indigopnts 2277.20 2297.95Indo Amines 86.55 88.80Indoboraxc 640.30 668.95Indokem Ltd. 28.60 31.40Indrayani Bi 6.38 6.16Indsil Hyd 12.15 11.88Insilco Ltd. 6.76 6.81Integra Eng [1] 27.00 27.35Integra Tele 33.70 34.00Inter St.Fin [1] 1.00 1.05Inter.Travel 58.35 59.85Invest &Prec 178.90 177.25Ion Exchange 1268.95 1278.25Ircon [2] 86.90 88.05Irctc 1581.70 1612.15Irfc 20.90 21.45Isec [5] 390.10 394.70Isgec [1] 472.45 476.30Ishan Dyes 48.80 51.40Isw Ltd [1] 0.72 0.73Itl Industrs 97.05 99.00Iwp [2] 34.95 36.25Jagan Lamps 29.65 30.55Jagatjit Ind 37.55 38.25Jainco Proj. 1.99 2.01Jasch Indust 57.90 61.05Jay Ushin 423.35 420.30Jaykay [1] 43.10 42.25Jayshri Chem 3.89 4.02Jct Ltd [2] 0.90 0.99Jenburkt Ph. 409.75 413.05Jindal Hotl 22.90 23.70Jiyaeco 5.66 5.38Jkagri Gen 541.00 551.85Jstl 70.30 71.70Jublingrea [1] 309.25 320.10Jumpnet [5] 10.16 9.66Jupiter Info 27.85 26.90Jyoti Ltd. 12.90 13.54Jyoti Resins 495.45 491.75Kabsons Indu 6.63 6.96Kallam [2] 9.74 9.99Kalyankjil 68.35 69.30Kamadgiri 28.50 25.80Kamaholding 5769.15 5777.50Kanchi 777.85 808.95Kanpur Plast 139.35 141.00Kcp Sugar In [1] 14.67 15.06Keerthi 91.95 89.90Kennametal 1104.80 1105.75Kerala Ayur 49.35 52.40Kg Denim 26.85 27.15
Khaitan Che [1] 22.55 22.85Khoobsurat [1] 0.20 0.21Kilburn Engg 20.30 20.50Kilpest (I) 329.85 329.25Kimiabl [1] 41.00 41.65Kinetic Eng. 41.50 40.00Kingsinfra 23.50 22.60Kirl.Ferrous [5] 181.25 184.10Kirlosar Pn [2] 250.40 252.40Kirloskar El 12.78 12.73Kisan Mould. 16.25 15.90Kkalpanaind [2] 22.00 23.00Kmc Shil [1] 22.45 22.65Kocl 0.73 0.72Kotak Sensex 502.22 503.40Kotaknifty 151.99 151.91Kothari Ferm 48.20 48.80Kpel 56.25 56.00Kpittech 187.15 188.10Kriti Nutri [1] 37.75 38.45Krypton Ind 8.77 8.75Kushal [2] 4.17 4.09Lactose(I) 24.60 25.00Lahoti Over. [2] 13.00 13.50Lakshmi Elec 289.00 293.80Lancer 67.55 68.20Lancor Holds[2] 5.92 5.90Lee&Nee Soft 3.05 3.20Lehar 31.05 31.05Lelavoir 46.45 48.10Licnetfsen 569.00 511.45Likhitha 364.10 372.25Lkp Fin 68.80 73.00Lkpsec [2] 6.70 6.90Llfi��cl 66.65 71.55Lloyds Met E [1] 13.00 12.35Lotus Choc 15.65 16.33Ludolow Jute 72.95 73.65Lxchem [2] 181.10 188.30Lykisltd 25.85 27.50Mac Charles 419.00 398.05Madhavipl [1] 5.81 5.41Maesgetf [18] 24.80 24.95Mafatlal Ind 89.70 87.30Maha Corp [1] 0.49 0.49Mahepc 141.15 141.95Majestic Aut 99.50 99.30Makers Lab. 253.80 252.90Mallcom 445.50 462.15Man50etf [100] 146.58 147.30Mancredit 58.15 58.25Mangalam In[1] 0.85 0.84Manorg 497.30 502.95Manvijay [1] 72.10 73.30Manxt50etf [275] 336.40 337.50Maruti Infra 30.35 28.70Maxhealth 220.85 219.75Maximus 92.90 90.50Maxindia 65.10 65.65Mayukh 25.25 25.95Mazdock 201.40 202.05Mcloud 65.90 64.80Medi Caps 38.45 38.85MediaMatrix [1] 4.57 4.35Medicamen Bi 508.30 531.20Mega Corpn. [1] 0.92 0.91MenonPiston[1] 16.85 16.90Mercantile 14.05 14.93Mfl�� India [1] 0.16 0.17Milkfood 320.00 320.00Mishtann [1] 4.82 4.93Mitshi 13.93 14.13Mod.Insul. 44.35 44.50Modern Dairi 9.96 10.42Modinatural 69.90 70.30Modison Met[1] 44.00 45.30Modulex 7.29 7.38
Monarch 62.00 63.75Morarka Fin. 32.10 32.85Morgan Cru [5] 787.05 800.00Moschip [2] 31.80 33.35Msr India [5] 9.90 9.41Mstc 266.05 271.20Mtartech 965.70 976.75Mul 11.37 11.12Multibase I 180.70 180.25N.R.Agarwal 220.40 219.00Narmada Gel 149.10 149.50Nat.Peroxide 2551.45 2743.30Nat.Plastic 22.85 23.50Nathind 82.15 82.50Natural Caps 117.35 121.80Navkar Build 9.70 9.22Nazara [4] 1497.95 1637.35Ncl Research [2] 0.45 0.48Ndrauto 195.10 204.70Neogen 862.20 932.85Nettlinx Ltd 64.60 66.35NglFine Chm [5] 1647.70 1699.55Nicco Parks [1] 44.10 42.05Nidl 74.05 74.05Niehspd 0.75 0.80Niehsph 2.72 2.56Nihar Info 3.75 3.80Nikhil Adhsv 364.00 381.15Nile Ltd. 304.95 310.25Niraj Cement 42.10 43.25Nirlon 268.00 267.20Nitta Gela 160.55 160.25Niyogin 65.90 65.00Novartis [5] 578.55 587.00Ntc Indust 62.75 61.70Nureca 927.30 902.75Nyssacorp [1] 3.79 3.97Oal [5] 684.15 715.50Odyssey Tech 52.25 49.65Ok Play (I) 23.45 23.00Olympia Ind. 41.00 38.95Orient Bever 63.95 64.85Orientelec [1] 291.40 294.70Orirail [1] 52.90 52.90Osiajee 24.30 24.35Ozoneworld 71.55 70.95P.G.Foils 78.00 77.70P.G.Ind.Ltd. [5] 4.75 4.90Pacifi��c Ind. 160.10 155.30Pan India C 0.43 0.41Pana Energ 211.85 209.25Panch.Steel 43.55 43.75Parleind 9.01 9.09Parnaxlab 19.30 20.25Parvati [5] 2.27 2.37Pas.Acrylon 14.00 14.51Patel Airtem 136.90 139.00Paushak Ltd 7703.00 7668.90Pazel [1] 0.22 0.23Pcs Tech 4.89 4.78Perm Magnets 230.80 240.25Pharmaids Ph 10.70 11.77Piccadily Ag 10.93 11.27Piccadily Su 5.10 4.91Pion Invest 28.30 28.85Pix Trans 354.85 384.85Pmcfi��n [1] 1.00 1.05Pml 1100.00 1103.40Poel 37.45 37.25Polycab 1347.90 1354.60Polylink Pol [5] 13.85 13.74Pooja Ent 60.30 62.35Poona Dal 32.85 36.70Porwal Auto 18.10 18.45Powerindia [2] 1453.00 1444.20Ppl 116.65 118.90Pradeep Met. 36.00 37.15
Praveg 67.35 67.60Prima Plasti 83.30 83.70Prime Prop [5] 8.81 8.72Princepipe 473.85 502.45Prism Medi 10.15 9.95Pritikauto [2] 16.75 16.60Ptcil 1567.50 1645.85Ptil 341.85 344.60Pun.Alkali 89.45 91.30Pwasml 20.50 23.00Quadrant [1] 0.21 0.20Quint 311.50 310.00Raclgear 231.25 231.75Radiocity [2] 23.95 24.40Raghunath In 4.08 3.88Railtel 114.30 116.80Raj Glo Wir 780.50 784.15Rajoo Engin. [1] 20.35 20.20Ram RatWire[5] 77.45 77.65Rama Phosph 126.70 134.65Raminfo 33.05 32.60Rasi Electro [2] 3.90 4.48Rathi Bars 16.60 16.65Rci Ind 6.56 7.15Rdb Rasayan 55.05 55.55Regency 11.19 11.89Rel.Chemotx 73.35 75.45Relhome 2.32 2.27Reltd 31.80 32.45Resonance 128.90 127.35Rexnord Ele. 28.65 30.00Rgrl 25.40 25.75Riba Textils 49.95 55.10Ridhi Sidhi 251.90 259.60Rishiroop 79.30 82.50Rit Pro Ind 36.95 36.30Ritesh Inter 28.55 30.85Rlfl�� [1] 0.30 0.31Rossari [2] 1040.10 1047.25Roto Pumps [2] 136.65 144.25Route 1540.20 1542.35Rril [5] 13.60 14.28Rts Power Co 44.45 44.55Rubfi��la Int. [5] 57.95 58.40Rvhl [1] 17.05 16.85Rvnl 27.05 27.50S.I.Paper 81.80 82.75Sacheta Met. 15.56 15.15Sadhana Nitr[1] 26.90 26.10Safari Ind. [2] 575.20 567.65Sagarprod [1] 5.00 5.17Sagarsoft 76.15 75.75Sahara Housg 36.90 35.85Sahya Indu 293.45 306.30SaintGobain 62.45 63.00Samkrg Pist. 145.00 144.40Samrat Pharm 144.25 143.50Samyak Int 19.50 19.15Sandur Mang. 1141.55 1140.10Saninfra 88.55 86.65Sankhya Info 3.50 3.33Sarel 55.10 57.85Satia [1] 80.00 82.50Sauras.Cem. 62.35 62.75Saven Techn [1] 25.45 27.65Sawaca Busi 1.86 1.89Sbicard 891.40 897.90Sbisensex 504.67 507.76Scanstl 25.45 26.70Sctl 0.51 0.48Seacoast 155.65 147.90Setfbse100 150.10 150.45Setfsn50 400.50 398.50Seyaind 50.10 50.05Sgrl 294.25 301.90Sh.Steel Wir 22.20 23.95Sha Eng Pla 946.90 975.70
Shalib.Finan 56.50 57.50Shalimar Pro [1] 0.49 0.49Shalimar Wir[2] 4.86 5.01Shangar [5] 12.76 12.81Sharda Ispat 54.50 56.80Sharp Inv [1] 0.37 0.37Shbajrg 178.70 187.15Sheetal Diam 3.05 3.11Shil [2] 283.90 273.40Shilp Gravur 88.00 87.60Shiv.Bimetal [2] 80.10 82.95ShivaCement[2] 22.00 21.90Shiva Fert. 30.30 30.55Shivalik [5] 676.70 686.20Shree Global [1] 2.59 2.71Shreeganes 117.05 118.60Shreyas Inte 5.56 5.29ShriJagdamb[1] 510.60 513.85Shukraphar 48.60 51.60Sibar Auto 8.32 8.32Sika Inter. 280.25 279.20SimmoMar [2] 29.40 29.35Simran Farms 73.20 76.85Sinclair Hot [2] 46.65 48.95Singer India [2] 38.00 38.10Sintexplast [1] 3.17 3.20Sisl 302.35 301.45Sky Indust. 58.50 56.30Skyl Millar [1] 8.39 8.78Smcglobal [2] 69.30 67.45Smruthiorg 261.60 269.70Smslife 556.50 539.95Snim [1] 46.40 47.30Solara 1440.90 1478.30Sourcentrl 154.65 167.05Spaceincuba 0.94 0.93Spandana 566.70 584.30Spel Semicon 13.83 14.13Spencer [5] 69.00 70.45Spicejet Ltd 66.35 68.25Sportking 932.00 975.00Srg Hfl�� 188.75 202.30Sri Digv Cem 64.00 65.30Stanrose Maf 78.15 85.15Starlog 14.39 15.37Starteck 78.90 74.50Std.Battery [1] 49.90 48.95Steel Exch 56.85 58.25Steelcast [5] 137.50 144.15Stovac Ind. 1808.30 1809.10Stovekraft 478.55 481.75Suditi Ind. 15.99 16.27Sukjit Strch 196.10 201.00Sulabh Eng. [1] 1.45 1.32Sumedha Fisc 23.85 24.95Sumichem 279.70 283.35Sunshield Ch 205.00 205.95Super Crop. [2] 7.69 7.49SuperTanner [1] 2.78 2.89Superb Paper 10.15 10.60Superior 136.10 147.95Supreme Ho 13.58 14.22Surat Text. [1] 3.21 3.49Suryoday 250.10 256.60Suvenphar [1] 480.30 481.65Suyog Tele 395.45 394.85Svaraj Trad 5.76 5.50Svartcorp [1] 3.03 3.03Svcind 1.01 1.00Svpglob [1] 75.25 76.80Swarnasa 13.69 13.13Swasti Vinay [1] 7.92 7.57Swastik Inv 139.85 135.00Swsolar [1] 302.00 310.95Sxetf [250] 541.49 521.00Synco Form. [1] 3.55 3.72Syschem (I) 6.65 7.26
Drcsystems 290.30 304.80Guj.Stat.Fin 2.89 2.75Hemiprop 136.65 136.35Hind.Fluroca 7.34 7.70Jaibala Ind 36.35 37.45Madrasfert 24.95 25.45Mitsu 117.00 117.55Modi Rubber 97.70 92.85Narayani 23.00 22.95Nilaspaces [1] 1.57 1.52Palmjewels 78.00 77.00Scapdvr [1] 2.21 2.18Scooters Ind 36.00 35.15
Yasho 294.75 326.75Yashpakka 80.40 83.80Yogi Sungwon 2.90 2.95Yuken India 455.75 454.05Zenith Fibre 39.20 38.25Zenith Healt [1] 6.24 6.36Zenlabs 19.85 20.25Zenotech 38.65 38.20Zf Steering 374.30 373.95Zimlab 74.20 75.00
Group T
Bh.Immun&Bio 39.65 38.90
Vrl 71.50 74.05Wall St.Fin. 18.95 18.10Waterbase 101.00 104.00Welsplsol [6] 14.73 14.66Westlife Dev [2] 403.90 404.75Whiteorg 4.00 4.09Wim Plast Lt 420.95 425.75Winsome Brew 4.03 3.96Wpil Ltd. 577.30 579.15Xelpmoc 290.25 307.15Xtglobal [1] 22.85 23.35Yamini Inves [1] 0.44 0.42Yash Manage. 13.75 13.28
Systamatix C 146.10 145.05T & I Global 97.55 98.50Taalent 481.55 505.25Taneja Aero. [5] 29.65 29.85Tarc [2] 27.05 27.65Tata Yodogaw 41.75 40.30Tatia Glob [1] 0.65 0.64Tcnsbrands [2] 480.55 468.55Tcpl Pack 397.75 405.00Tdsl 23.05 23.05Technoe [2] 299.25 296.10Tejasnet 170.40 166.10Tejnaksh 69.75 69.90Terai Tea Co 33.30 32.25Tgvsl 26.75 29.65Thinkink [5] 28.15 29.45Tiaanc 42.10 41.00Tiger Logs 40.50 42.30Tiindia [1] 1137.10 1138.10Timex Group [1] 32.15 38.55Titan Biotec 212.70 218.45Titan Secur. 10.30 10.06Toyamind [1] 2.41 2.30Transchem 15.80 17.60Transcorp In [2] 8.48 8.28Transgene Bi 5.61 5.50Transgl.Food 158.95 158.95Transpek 1365.90 1364.60Trejhara 32.85 32.70Trio Mercan [2] 4.35 4.33Triton Valve 861.65 900.10Ttfl�� 27.05 26.55Tuni Textile [1] 0.48 0.46Tutialka 10.93 10.39Tyche Inds 174.40 174.30Udaip Ceme [4] 21.15 21.75Udayjew 118.20 110.95Ugrocap 98.65 99.30Ultracab 129.00 129.80Ultramarine [2] 322.45 316.65United Cred. 9.83 10.65United Drill 314.60 325.00Upasana Fin. 12.51 13.43Ushdev Intnl [1] 0.38 0.39Utiamc 546.05 553.15Utibanketf [1] 31.15 31.70Utinext50 [1] 36.50 35.30Utiniftetf 1514.83 1498.10Utisensetf 509.99 508.44Utlinds [1] 14.00 13.58Uyfi��ncorp [5] 3.28 3.38Valiant Comm 68.95 68.15Valiantorg 1389.70 1408.90Vama Inds [2] 7.07 7.12Variman 31.45 32.45Varroc [1] 355.25 354.95Vedavaag 27.55 27.00Veer Energy 8.20 8.12Veritas [1] 67.10 66.30Viaanindus [1] 0.88 0.92Vijay Solvex 1266.65 1329.95Vijay Textil 35.80 35.90Vikas Wsp [1] 5.62 5.60Vikasmcorp [1] 2.89 3.01Vikasprop [1] 2.41 2.47Vikram Therm 165.00 166.30Vipulorg 175.40 173.30Virat Crane 21.35 21.45Virat Indus. 32.00 31.35Virinchi 35.25 37.05Virtual Glo [1] 0.75 0.72Vishal [5] 54.65 52.85Vishwaraj 122.60 121.15Vision Corpo 1.68 1.60Vista Pharma[2] 9.50 9.79Vivid Ind [5] 17.70 17.10Vivo Bio Tec 49.55 50.35
RajnandniMet 86.00 85.00RajOilMills 99.40 95.30Rajsr.Sug 17.70 17.50RamaSteel [5] 75.20 77.40Rohit Ferro 1.55 1.50Rollatainers [1] 2.85 2.95Ruchi Inff [1] 5.75 5.85S&SPowSwitch 20.15 20.95SabEvents 1.35 1.30Sang.Forg 19.40 18.45Sangam 78.30 80.05SChan&Com [5] 98.40 98.20SE Power 3.80 3.85Shah Alloy 9.05 9.50ShivaMills 42.80 42.45ShradhaInfra 40.80 40.00ShreramProtn 31.40 29.85Shriram Pist 770.10 751.00SillyMonkEnt 22.25 22.35SintexIndus [1] 3.55 3.40SircaPaintIn 353.90 355.85SkilInfra 2.50 2.55Soma Text 4.75 4.95SomiConveyor 34.95 36.25StampedeCap 2.10 2.20Std Inds [5] 18.95 19.20Stel Hld [1] 78.45 78.85SumeetInd 6.30 6.45SuranaSolar [5] 9.15 8.85SuumayaIndus 199.95 198.20SuvidaInfSer 73.35 69.70TataTel(Mah) 12.35 11.85TecIndNirman 2.80 2.70ThePKTeaProd 210.00 213.45TheWestInPly 58.00 58.00Thom.Scot 7.65 7.30Tijaria 6.95 7.00Tips Ind 484.25 476.95TirupatiForg 26.00 27.25TN Tele 4.60 4.55TouchwoodEnt 105.50 102.50Transwarnt 2.45 2.35TV VISION 2.60 2.50TVS Elec 130.05 128.05UjaasEnergy [1] 2.50 2.50UnivastuInd 37.60 38.65UrjaGlobal [1] 6.05 5.85Usha M Ed [1] 3.25 3.40Utm.G.Stl 7.60 7.30VaishaliPhar 32.40 32.60Vice.Htl 2.20 2.20VIPClothing [2] 12.80 13.00VIPUL [1] 28.50 29.85Visagar [1] 0.65 0.70Wanbury 96.95 101.45Xpro India 88.00 92.25ZenithSteel 0.80 0.80ZuariGlobal 81.90 81.25
JaiBal.Ind 35.65 36.50JainDvrEquty[2] 12.10 12.00JHS Svend 21.10 21.15Jind.Pho 69.15 67.65JITFInfraLog [2] 8.55 8.75JiyaEcoProd 5.70 5.45JMT Auto [1] 2.45 2.40Kaly.For 180.50 179.95Kanor.Chem [5] 112.35 117.90KapstonFacil 95.05 99.80Karma Enr 13.60 13.70KDDL RE 82.85 111.75Kernx.Mic 53.85 52.75Landmark [1] 1.95 1.90LGB Forge [1] 3.70 3.75LibasDesigns 44.75 44.35LloydsSteels [1] 1.15 1.20Lok.Mach 43.50 45.65Lyka Labs 26.00 26.40MacpowerCNC 85.40 85.55MadhucnProj[1] 5.00 4.90MadyaBhrtAgr 85.30 83.10Magn.Ven 4.65 4.75MahaApexCorp 66.50 69.65MAJESCO [5] 66.25 66.80Maral Over 30.75 32.25Mask Invest 32.60 31.35McNally 7.40 7.25MetalystForg 5.25 5.35MFL 25.00 25.15Mirc Ele [1] 13.80 13.15ModiRubber 99.90 94.95MohotaIndus 6.90 6.85Mukand En 18.45 19.25NagarjunFert[1] 5.85 5.85Natl Stl 4.80 5.00NilaInfra [1] 4.75 4.55NilaSpaces 1.60 1.55Noida Toll 6.65 6.75Oil Country 5.40 5.15OnelifeCapAd 6.35 6.20Opto Cir 3.60 3.65OrchidPharma 1858.35 1765.45OriconEnter [2] 18.60 18.60Orient Green 1.90 1.85OrtinLabs 22.80 21.85PalredTech 116.00 110.70ParsvnathDe [5] 8.35 8.00PeninsulLand[2] 7.30 6.95PG Elec 360.90 350.70PoddarHouse 168.00 160.00PraxisHomeR[5] 35.35 36.00Premier 2.50 2.60PremierExplo 152.65 154.00Prime.Sec [5] 45.00 43.55Prit.Nandi 43.55 45.70Radaan [2] 0.80 0.80Radha Madh 2.35 2.35
AakashExplor 131.95 133.70AdrotInfotec 8.35 8.05AgarIndCorp 151.45 158.10Alps Ind 1.65 1.70AMD Indus. 18.30 17.95Archidply 30.10 30.10ArchidplyDec 28.20 29.40ArrowGrnTech 70.85 68.70Arshiya [2] 30.05 30.20ARVEE LABORA 77.85 81.70Auto Stamp 32.50 32.65BafnaPharma 130.40 127.20BalkrisPaper 20.15 20.85Barak Val 18.10 18.40BhagyangrIn[2] 48.45 49.70BhandHosie [1] 2.10 2.15BharatWire 41.50 43.00Biofi��lChemPh 67.50 65.90BL Kash [1] 18.10 17.20BLB [1] 5.80 6.00BombySuprHyb 134.00 136.00Burnpur 2.25 2.30CapitalTrust 81.25 78.95CEEBCO 17.15 17.30Celebrity 5.45 5.45CMI 44.65 44.80CountryCond[1] 2.45 2.35Cyber Med 12.45 13.05DB Realty 22.20 21.40DCMFinlService 1.50 1.55DCMNouvelle 81.65 83.75DigispiceTec 42.80 40.70DRCSYSTEMS 304.95 319.65Energy Dev 8.90 8.65ESI [2] 1.85 1.90FCS Soft [1] 0.65 0.65FlexituffInt 24.75 25.95GaytriHighw[2] 0.55 0.60Genesys [5] 98.30 99.90GI Engg. 2.30 2.40GlobText(In) 48.20 50.00Golds.Tech 10.70 10.70GujartRafInd 45.75 46.65HBStockhold 17.10 17.25HemsphreProp 136.30 136.80Hexa Trade [2] 88.20 89.40Hind.Mot [5] 6.45 6.65HindNtGls&I [2] 31.80 31.75HOV Services 50.50 48.00HPLElect&Pwr 52.05 52.00Hubtown 15.60 15.55ImagicaWorld 5.75 5.85Ind Terr [2] 29.35 29.95Indo Wnd 3.80 3.70IndoThai 56.25 55.00Infomedia 3.35 3.35InterntlCons 16.25 15.45IVP 105.05 99.90
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