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​So this kind of a product mix and an ability to give a wider range of product in large number of branches have helped us. So overall, we believe that this is going to continue for some time but our long term guidance of 15% CAGR would remain.

Promoters held 68.66 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 8.21 per cent and 7.01 per cent, respectively.

Housing and Urban Development Corporation, incorporated in the year 1970, is a Mid Cap company (having a market cap of Rs 14743.99 Crore) operating in NBFC sector.

As of 30-Jun-2023, promoters held 0.0 per cent stake in the company, while FIIs held 7.59 per cent and domestic institutional investors had 3.28 per cent.

While the listing of Jio Financial is done, investors will be keen to know the game plan for the company in the fast growing financial services industry in the upcoming AGM.

The Nifty Pharma index was trading 0.35 per cent up at 15325.7.

Meanwhile, Worldwide Emerging Market Holding, part of the promoter group, offloaded a 1.2% stake. Another promoter entity Afro Asia Trade and Investments sold its entire stake in the deal. The promoter group entities together sold about 8.1% stake in Adani Power, bulk deals data further showed.

A total of 192 shares changed hands on the counter till 11:07AM (IST).

​We have not done anything extraordinary except that we have held on to the governance, we have held on to the compliances, and of course along with a very robust business plan which is not aggressive and yet it is not a conservative plan.

The Murugappa family has reached a Memorandum of Understanding to settle their disputes and differences following the demise of M V Murugappan. Terms of the arrangement remain confidential. The family members’ representatives have said that the agreement ensures all issues will be settled and harmony in the family will continue in future generations.