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Financial planning and equity-based investment have always been challenging tasks for new investors. With thousands of companies to evaluate and hundreds of parameters to consider before making an investment decision - the complexity of the process is high and there is risk involved in investing in stock markets.

As of 31-Mar-2022, promoters held 51.09 per cent stake in the company, while FIIs held 12.06 per cent and domestic institutional investors had 3.58 per cent.

The public sector lender reported a net profit of Rs 1,779 crore in the quarter ending March 2022 against a loss of Rs 1,047 crore in the same period last year on the back of lower provisions and improved loan growth.

Total expenses reduced to Rs 450.06 crore in the quarter under review, as against Rs 535.32 crore in January-March 2021.

Elgi Equipments reported a 19.17 per cent growth in revenue for Q4FY22 quarter on a consolidated basis at Rs 727.61 crore. On a sequential basis, revenues were higher for the quarter by 10.98 per cent.

Union Bank of India, incorporated in the year 1919, is a banking company (having a market cap of Rs 25220.22 Crore).

A total of 16,861 shares changed hands on the counter till 11:21AM (IST).

“In this market export-led companies will do relatively better, especially companies which are services companies and are less impacted by raw material input cost. So IT, pharma, chemicals companies will have relatively less or no earnings cuts at all. On the other hand, companies where the input cost is very high, like in automobiles, valuations have come off.”

As per data available with Accord Fintech, as many as 261 stocks have turned multibaggers in the last eight years and 31 have delivered over 1,000 per cent returns. At the same time, there are 19 stocks that have plunged 50-90 per cent.

On Eicher Motors, CLSA has a target of Rs 3,089. Eicher Motors is its top pick in the two-wheeler segment, as domestic demand for Royal Enfield is strong with improving production numbers. Pricing is strong and demand is returning, it said, adding that operating leverage will drive a margin recovery in the VECV business.