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Breakdown from a Bearish Flag and Pole pattern,indicating that bears have been tightening their grip.

The stock traded at a P/E multiple of 45.18, while the price-to-book value ratio stood at 2.96.

Underperformed Nifty and recently has breachedthe crucial level of Rs 860 giving a fresh breakdown.

A total of 107,300 shares changed hands on the counter till time (IST).

Realising the demographic dividend would require sustained growth in manufacturing. Over the last few years, the government has delivered crucial reforms such as lowering corporate tax rates, Production Linked Incentive Schemes and improving the ease of doing business.

Bharat Electronics, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 68931.21 Crore) operating in Defence sector.

Gold and silver settled on a weaker note in the international markets on Friday. Gold February futures contract settled at $1,928.00 per troy ounce, down by 0.10%, and silver March futures contract was settled at $23.725 per troy ounce, down by 1.23%.

The brokerage believes that with focus on ramping down/exiting loss making segment and improving services segment profitability, Sterlite will likely see a healthy earnings momentum ahead.

Promoters held 0.0 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 25.29 per cent and 15.19 per cent, respectively.

Despite the current market share price of Adani Enterprises going below the FPO price band of Rs 3,112-3,276, the conglomerate has said that it will neither change the dates nor the price band. The Rs 20,000 crore FPO, which began last week, ends tomorrow.