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As per the filing, the subsidiaries to be merged with Adani Power are Adani Power Maharashtra Ltd, Adani Power Rajasthan Ltd, Adani Power (Mundra) Ltd, Udupi Power Corporation Ltd, Raipur Energen Ltd, and Raigarh Energy Generation Ltd.

Star Health is expected to maintain its leadership inretail health segment with sustainable long term opportunity. Premium growth at 23-24% CAGR & focus on underwriting profit is expected to keep RoE ahead of peers.

Last year the lender had processed home loans worth Rs 1.55 lakh crore, registering a year-on-year growth of 30% as demand for homes surged. Low interest rates, stable property prices and state wise stamp duty sops have all aided growth in the housing finance segment.

“I remain bullish. The returns for the next three-six months would probably be subdued because there are too many headwinds but longer term the bull market that began in 2019 September is still intact and going strong. Don’t try to time the market, you will probably get the short end of the stick, Even if the market does not make a new high for six months, it is a good time to buy into equities and to remain invested.”

The stock quoted a 52-week high of Rs 606.0 and a 52-week low of Rs 393.9.

As of 31-Dec-2021, promoters held 0.0 per cent stake in the company, while FIIs held 14.93 per cent and domestic institutional investors had 13.97 per cent.

The Nifty Auto index closed 1.19 per cent up at 10572.9.

"On his appointment as Director on the Board of Bharat Heavy Electricals Limited (BHEL), Upinder Singh Matharu, 58, has assumed charge as Director (Power) of the Public Sector Engineering and Manufacturing Enterprise,” a company statement said.

Zomato is a great business and that its business expansion is underway but the valuations are unattractive, Ramesh Damani said.

A total of 309,764 shares changed hands on the counter till 11:11AM (IST).