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The stock quoted a 52-week high price of Rs 739.8 and a 52-week low of Rs 469.75.

The stock traded at a P/E multiple of 47.15, while the price-to-book value ratio stood at 4.75.

“When one is transiting from an NBFC into a banking environment, there is a certain period where the shareholders will have to accept that there is a long term perspective involved and to that extent, the whole profile of shareholders also will change. But all said and done, I would say that in the Indian banking history, this would be one of the perhaps most interesting news.”

JM Financial says Deepak Nitrite is its top bet in the chemicals sector as despite its inherent cost advantages for its upcoming phenol derivative products and strong entry barriers, it is currently trading at a significant discount to its peers.

Garden Reach shipyard is currently undertaking concurrent construction of 23 ships, including three P17A stealth frigates, four survey vessels and six patrol boats, for Indian Navy, India Coast Guard, Republic of Guyana and Bangladesh, reports said.

FSN E-Commerce Ventures (Nykaa) has gained 39 per cent from its 52-week low of Rs 1,219 with CarTrade Tech following closely with a 35 per cent rise.

In a regulatory filing, the company said that prices have been increased by 3-4 per cent across all models of its trucks and buses. The price rise is effective on an immediate basis from April 4, 2022.

As per the BSE data, as many as 137 stocks touched their 52-week high while 416 scrips reached their upper circuit.

Promoters held 46.74 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 18.88 per cent and 13.61 per cent, respectively.

"JSW Energy Limited, through its wholly-owned subsidiary, JSW Neo Energy, has entered into a Memorandum of Understanding with the Government of Chhattisgarh for setting up a 1,000 MW capacity of Hydro Pumped Storage Project viz. Hasdev Bango Pumped Storage Project...," PTI quoted the company as saying.