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The company is said to be building an ecosystem of one of the largest integrated green hydrogen businesses, including solar modules and wind turbine manufacturing.

Promoters held 67.7 per cent stake in the company as of 30-Jun-2023, while FIIs owned 18.17 per cent, DIIs 11.24 per cent.

The 50:50 joint venture entity Jio BlackRock has already announced that it aims to transform India’s asset management industry by delivering affordable and innovative investment solutions to millions of investors in India. The digital-first platform wants to democratise access to investment solutions for Indians.

The next year election season ahead, I think spending in the economy will increase. So broadly I think things are chugging along well and I think markets are looking pretty decent.

​And as you know in 2020 and 2021 due to COVID there were very limited number of new starts, so it is automatically implied that the revenue recognition will be weak on account of the limited number of starts which happened at that point in time.

ITC, incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 578497.44 Crore) operating in Tobacco sector.

The stock quoted a 52-week high price of Rs 615.55 and low of Rs 380.95.

In a statement, Brij Bhushan Agarwal, Vice Chairman & Managing Director of the company, said: "We are encouraged by the upward trajectory in sales of finished steel, with a robust 36 per cent growth in volumes year on year. The company is progressing as per the strategic roadmap envisaged. Shyam Metalics strives to stay ahead of the curve and will continue to pursue growth, profitability, and sustainability."

The Nifty Pharma index was trading 0.01 per cent down at 14918.85.

​The Futures Short Position Scan conducted on the previous trading session (July 26) suggests Aggressive New Short positions were taken on 7 largecap stocks​