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The stock traded at a P/E multiple of 135.06, while the price-to-book value ratio stood at 18.83.

In a regulatory filing, Vishnu Chemicals said its first-ever QIP has witnessed a "strong response" from marquee domestic and foreign institutional investors.

“The core of our interest in India is about the domestic demand story and the development of domestic consumer markets, industrialisation, urbanisation, real estate, construction and financial services. If you look at things like life insurance markets or mortgage, are still very low relative to the levels of GDP that we have in some of the more advanced parts of Asia economically.”

The rouble was extending losses after dropping more than 4% against the dollar and euro to record one of its worst weeks all year. Russian authorities say lower export revenues and rebounding imports are the primary cause of rouble weakening.

Promoters held 74.36 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 15.3 per cent and 3.44 per cent, respectively.

In the Rs 880 crore IPO, fresh issue aggregates up to Rs 600 crore, and the rest is the OFS of 1.42 equity shares. Under the OFS, Omega TC Holdings will offload 1.07 crore shares, Tata Capital Financial will sell 9.84 lakh shares.

Venky’s reported a profit after tax (PAT) of Rs 19.41 crore in the said quarter versus Rs 49.28 crore in Q1FY23. The profit before tax (PBT) was at Rs 26.64 crore in the June 2023 quarter. The company reported a revenue of Rs 985.63 crore in the April-June 2023 quarter, which was lower than Rs 106.50 crore posted by the company in the March quarter and Rs 120.45 crore posted in Q1FY23

The 50-share index has reversed after hitting a lifetime of 19,991.85 on July 20, a feat it achieved on the back of five successive record highs and a six-session rally. This has led to a growing concern that the bull market has peaked after a 14% rally seen in the index from March 2023 lows.

A total of 6,350 shares changed hands on the counter till 01:44PM (IST).

"Bitcoin continues to trade sideways in a narrow range with low volumes indicating indecision. The asset is hovering around just below its 50 Day Moving Average. BTC after making the recent high of $31,804 witnessed profit booking and the prices corrected almost by 10% and made a low of $28,585," said ZebPay Trade desk.