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Promoters held 51.14 per cent stake in the company as of 31-Mar-2023, while FIIs owned 16.42 per cent, DIIs 25.42 per cent.

A total of 182,152 shares changed hands on the counter till 10:40AM (IST).

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.

"Higher treasury yields weighed on the tech sector, with Nasdaq receiving fresh drubbing. Also, escalating US-China tensions, and rising recession fears as Chinese data showing industrial activity weakened in June could dent market sentiment. Technically, Nifty may face a hurdle at the 195,77 mark, while any further escalation could push the index towards the 19,900-20,000 zone," said Prashanth Tapse of Mehta Equities.

That sent U.S. Treasury yields spiking as bets grew that the Fed has further to go in raising rates to tame inflation, keeping the dollar elevated in early Asia trade on Friday. Against the greenback, the euro slipped 0.02% to $1.0890, while the New Zealand dollar was nursing some of its losses from the previous session and rose 0.09% to $0.6163.

Two-year Treasury yields burst above 5% and futures pricing started to admit the possibility that the Federal Reserve will raise rates twice before the year is out. Ten-year yields rose more than 17 basis points in two sessions to 4.05%, and selling wrapped around the globe as investors who had positioned for a peak in interest rates bailed out.

L Catterton is working with advisers that include Goldman Sachs and JPMorgan on a potential U.S. listing that could happen this year or the next, the report said, citing people familiar with the matter.

Despite a 42% share-price rally this year, the valuation is “still reasonable,” according to Weiss. The stock’s so-called PEG ratio, or the price-earnings multiple divided by the expected percentage growth in earnings, “remains in line with historical averages, despite the unrivaled generative AI positioning,” he wrote. The PEG ratio is a metric often used by growth-focused investors.

Stocks that were in focus on Thursday include names like Hindustan Zinc, which gained 8.22%, Marico, which was down 2% and JSW Steel, whose shares rose 0.3%.