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According to the company, the combined production includes output of jointly controlled entities Bhushan Power & Steel Ltd (BPSL) and JSW Ispat Special Products Ltd (JISPL), and offshore entity JSW Steel USA Ohio.

“We do not expect our risk profile of the portfolio to change pre Covid and post Covid. Also pre Covid, our average annual credit cost used to be in the range of 1 to 1.1% which went up during the Covid period, This year it is seeing a little bit of normalcy and is around 1.5%. We aim to get our credit cost back to that 1.1 to 1.2% level.”

Asset quality performance has been strong with continuous improvements in slippages and headline asset quality ratios with restructured book being under control at 0.9%.

A total of 22,585 shares changed hands on the counter till 02:09PM (IST)

As of 30-Sep-2022, promoters held 63.22 per cent stake in the company, while FIIs held 24.03 per cent and domestic institutional investors had 3.78 per cent.

A slowing trend was also witnessed in the number of Unicorns minted during the year 2022 which was down to 22 from 44 in the previous year. The silver lining was that a couple of new-age tech companies, Delhivery and Tracxn, got listed on the Indian bourses.

Many long-term investors often draw inspiration from Warren Buffet, so let me use one of Berkshire’s investments as a test case to debunk that myth. The investment in question is Coca-Cola (KO) - one of the largest beverage companies in the world, the second-largest holding at Berkshire Hathaway.

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Travellers streamed into China by air, land and sea on Sunday, as Beijing opened borders that have been all but shut since the start of the COVID-19 pandemic. Miners added 1.7% as base metal prices advanced on hopes of demand recovery from top consumer China.

EBITDA during the quarter is expected at Rs 82 crore, up 9.4% QoQ. EBITDA margins are likely to improve 113 bps QoQ to 18.9%. HCG is expected to post a net profit of Rs 20 crore.