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"NCC is in the infrastructure construction side which has kept its balance sheet under control and their debt levels remain well under control. on a dividend yield basis also it is good. The management tends to guide conservatively and that is the reason why there is less excitement around it "

Prabhudas Lilladher has come up with a list of 10 new-age stocks which it believes can prove to be lucrative bets for investors.

"Somewhere, because of the policy changes, expectations in terms of regulatory headwinds and the embedded value of return on the end of the value is expected to take a hit in insurance companies thereby leading to the de-rating that happened on these stocks post-Budget. SBI Life, probably can go through all these elements in terms of regulatory/budget announcements and the dynamics on the balance sheet."

Endurance Technologies, incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 20136.59 Crore) operating in Auto Ancillaries sector.

The company believes FLUOROCHEM has created a niche for itself in its fluoro-chemicals business and is better poised to explore markets for more value added products including in sunrise sectors like electric vehicles, advanced Fluoroploymers while continue to gain from its backwards integrated and diversified businesses.

"From a Budget perspective, why the government has not made any changes is because the remittances have been substantial as domestic growth is very strong in India in multiple sectors and profitability across corporates is good. There has also been transparency and ease of access to banks and capital markets, having a dedicated scheme of NRI segments catering to the requirements."

At a time when foreign portfolio investors or FPIs were trying to mitigate losses by dumping these stocks, domestic mutual funds lapped them up not for one, but three straight quarters.

A total of 292,101 shares changed hands on the counter till 10:51AM (IST)

On the technical charts, the RSI of the stock stood at 45.94.

Stocks that were in focus include names like Cummins India which was up nearly 7%, KPIT Technologies rose nearly 2% to hit a fresh 52-week high, and M&M Financial Services hit a fresh 52-week high on Thursday.