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A total of 25,929 shares changed hands on the counter till 12:48PM (IST)

As of 30-Jun-2023, promoters held 46.01 per cent stake in the company, while FIIs held 19.17 per cent and domestic institutional investors had 16.79 per cent.

The stock quoted a 52-week high of Rs 340.75 and a 52-week low of Rs 222.65.

The stock hit a record high of 228.90 on 23 January 2015 but it failed to hold on to the momentum and witnessed a steep fall which took the stock towards 26 in May 2020.

The stock has lost more than 23% in the last two sessions, after the company received a notice from the government to pay tax of Rs 111.4 billion along with interest and penalty for the period July 2017 to March 2022, on Friday.

The Nifty IT index was trading 0.52 per cent down at 32478.5.

India envisions a future where 30% of new vehicle sales will be electric by 2030. A substantial amount of battery storage is needed to facilitate this shift - a staggering 34 GW or 136 GWh to support the additional 450 GW of renewables.

RSI or the relative strength index computes the ratio of the recent upward traction in the stock price movement relative to its absolute price movement.

" We say that the next HDFC is HDFC and similarly, the next Bajaj Finance is Bajaj Finance. Obviously, we cannot expect an encore of the last decade in terms of stock price CAGR but now it is almost two years that Bajaj Finance stock has done nothing. It hit around Rs 7,500 on September 21. After two years, Bajaj Finance has at least got its online piece right. They have caught up in the online world now."

Ahead of the listing today, Digant Haria, GreenEdge Wealth told ETMarkets that Nuvama Wealth certainly deserved a look because wealth management as a space is expanding and the good part about wealth management is that it is agnostic to products.