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The market capitalisation of all listed companies on BSE declined by Rs 1.84 lakh crore to Rs 375.36 lakh crore. The highest weighted of the 13 major sectors — financial services — dropped 0.63%. Meanwhile, Nifty FMCG, IT, healthcare, consumer durables, and oil & gas also declined.

DRL Q3 Results: The profit was slightly above the ET Now poll estimate of Rs 1,337 crore. Revenue from operations increased 7% year-on-year (YoY) to Rs 7,215 crore. EBITDA for the reporting period stood at Rs 2,111 crore, while margins came in at 28%.

"The stock will likely underperform in the near future. However, the business model may work in the long term and investors who have received allotment can hold the shares instead of booking losses at current levels. The financial performance in the next two to three quarters will drive the rerating for the stock," Avinash Gorakshakar of Profitmart Securities.

​19 have emerged as multibaggers, and our analysis has highlighted 9 stocks that have achieved impressive gains surpassing 150% within a year.​

The Nifty Bank index closed 0.16 per cent down at 45367.75.

The funds raised from this issuance will be deployed by TruCap to facilitate growth capital access for small businesses in MSME hubs, with a particular emphasis on empowering nano lenders, fostering financial inclusion, and providing working capital to underserved enterprises.

The company filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) in December 2023.

The Relative Strength Index of the stock stood at 64.43 on Tuesday.

​Indian retailer Arvind Ltd posted on Tuesday a revenue drop for the fifth consecutive quarter, dampened by lacklustre prices of woven products and lower demand for denim.

BPCL on Monday reported a 73.4% year-on-year (YoY) rise in net profit for the quarter ended December 2023 at Rs 3,397.30 crore. The profit for the quarter was higher than an ETNow poll estimate of Rs 3,271 crore. Revenue from operations, net of excise duty, declined 3% YoY to Rs 1.15 lakh crore, but the figure was higher than the estimated Rs 1.05 lakh crore.