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A total of 1,947 shares changed hands on the counter till 12:03PM (IST).

With an operating revenue of Rs 2,046.9 crore on a trailing 12-month basis, JTL Industries has outstanding annual revenue growth of 59%, pre-tax margin of 8% and ROE of 22%. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet.

Ever since the RBI ban was issued on January 31st evening, Paytm shares have so far tumbled 46%. Barring the two days of relief rally, which might have left many buy-the-dip investors trapped, the stock has been on a downhill trajectory with investor loss mounting up to Rs 22,000 crore.

A significant part of this selling within the financial services sector was in private banks, particularly HDFC Bank, which is highly concentrated by FPIs.

On Thursday, the rupee settled on a flat note at 82.96 against the US dollar, after the Reserve Bank decided to keep the key policy rate unchanged for the sixth time in a row to maintain a tight vigil on inflation.

Sanjiv Bhasin says: Insurance companies, including LIC, SBI Life, ICICI Pru, and HDFC Life, are expected to perform well in the long term. These companies, along with other intermediaries like brokers and AMCs, are set to benefit from changing daily habits and increased technology adoption. the dumb money is now selling the largecap private banks, which were the most sought after and getting into PSUs. So, it is time to be contrarian,

Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 23039.03 Crore) operating in Real Estate sector.

Sobha explains that the revenue and margin pressure is due to the completion of pre-Covid projects. The company expects an uptick in revenue and margin percentages as the pace of deliveries increases. The focus on cash flow management helps maintain positive net cash flow and a low net debt to equity ratio.

The Nifty Realty index was trading 1.26 per cent down at 865.05.