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The stock quoted a 52-week high of Rs 340.75 and a 52-week low of Rs 227.6.

A total of 22,294 shares changed hands on the counter till 02:04PM (IST).

Shares of the public sector company plunged 11% to Rs 72.75 on the National Stock Exchange. Traded volumes of about 100 million shares, was nearly five times higher than the six-month average traded volumes.

On September 20, Wednesday, StockEdge identified 14 stocks in the overbought zone, but with declining RSI trends. ETMarkets explores the significance of RSI and why these stocks are intriguing despite their bearish signals.

The stock quoted a 52-week high price of Rs 2550.95 and low of Rs 1660.65.

The Relative Strength Index of the stock stood at 49.31 on Thursday.

In the IPO, the company reserved 47.44% shares each for retail investors and non-institutional investors (NII). The remaining 5.12% or 1.56 lakh shares were offered to the market maker of the IPO.

"NIM will remain at current levels. It may not ease immediately because the indication from the inflation and RBI standpoint, and overall liquidity in the system is likely to remain at present level or maybe a little tightened over the next one quarter or two. Our credit cost in the first quarter was 1.67%, much below our long-term average of 2%.."

The cargo handling is highly dependent on bulk cargo, therefore any sharp variation in commodity prices may weigh on the cargo handling volume. Any change in terms of concession and license agreement from the government could impact financial performance. The fees to regulatory authorities account for 17% of the total revenue of the company.