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From the Sensex stocks, Nestle India, Sun Pharma, Reliance Industries, NTPC, and Maruti opened in the green, while TCS, HDFC Bank, IndusInd Bank, and Kotak Bank opened in the red.

Devyani International Ltd. key Products/Revenue Segments include Food Products, Other Operating Revenue and Scrap for the year ending 31-Mar-2022.

"The global market for power T&D equipment is expected to reach $378.7 billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-30. Currently, Skipper exports to more than 65+ countries and engages with 200+ EPC players globally. The robust order book provides a substantial revenue visibility for the next 3-4 years, indicating a strong and stable foundation for sustained growth."

The price action was supported by strong volume action with traded volume reported over 19.72 lakh shares. Meanwhile, on the BSE the spurt in volume was a whopping 224 times. Momentum indicators RSI and MFI showed day’s levels at 64 and 65, respectively, according to Trendlyne data. Apollo Tyres shares are currently trading above their 50-day and 200-day simple moving averages (SMAs).

With her net worth measured at $25.3 billion at last count, the 73-year-old widow of Om Prakash Jindal is the 5th richest Indian and the richest woman from the sub-continent.

When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.

“Exide brand will definitely help boost the EV battery space whenever they launch into this space and given the kind of strong returns that we are seeing coming in from the auto space I think this stock which is very undervalued compared to the rest of the sector should do very well going ahead.”

Analysts say the IPO gives a worthy option for investors seeking exposure to the manufacturing sector. The impressive track record and promising outlook of the company are additional bonuses that come with investing in this issue. "On the valuation front, we believe that the company is fairly priced. Thus, we recommend a subscribe for long-term rating to the IPO," said Anand Rathi.

RBZ Jewellers has priced its public offer in the range of Rs 95-100 and at the upper end, it plans to raise Rs 100 crore. About 50% of the offer will be available for allocation on a proportionate basis to qualified institutional buyers (QIBs), 15% for non-institutional bidders and 35% for retail investors.