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The stock quoted a 52-week high price of Rs 2713.25 and low of Rs 1660.65.

The stock is down 3% so far in 2023 compared with a gain of 1.5% in the S&P BSE Sensex Index, hurt in part by a decline in crude prices. Thirty-three of the 38 analysts that cover the conglomerate have buy ratings, with many citing attractive valuations as well as optimism for its various oil-related, consumer and telecom businesses.

Ramkrishna Forgings shares will trade ex-dividend on Tuesday following the announcement of an interim dividend of INR0.50 ($0.0067) for the fiscal period 2022-23. The record date was set at 9 May, with eligibility to receive the dividend to be determined by the end of the same day. The dividend yield stands at 0.49% based on the INR1.70 equity dividend per share paid over the past year. The company makes steel and iron forgings, with applications mainly in the automotive industry, as well as railway and defence sectors.

On the technical charts, the RSI of the stock stood at 47.64.

SBB dropped 7.7% after the Swedish landlord on Monday said it would delay its dividend payment and no longer carry out a 2.63 billion Swedish crowns ($259.1 million) rights issue after S&P Global cut its credit rating to junk.

A total of 39,712 shares changed hands on the counter till 01:50PM (IST)

Mankind Pharma, a domestic-focused Indian pharmaceutical company is looking for selective acquisition opportunities that add value to its portfolio. The company will focus on the chronic and consumer segments, concentrating on its chronic side while consolidating its OTC offerings. With a strong balance sheet, the company plans to utilize any extra funds generated from its organic growth for acquisitions, but only if the prices are reasonable and if the acquisition adds value to its existing portfolio.

As of 31-Mar-2023, promoters held 51.5 per cent stake in the company, while FIIs held 6.91 per cent and domestic institutional investors had 2.25 per cent.

The Relative Strength Index of the stock stood at 81.37 on Tuesday.

LIC’s share by value in companies listed on NSE went up to 3.99% as on March 31, 2023 from 3.95% as on December 31, 2022.