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Data showed FPIs have sold equities worth Rs 8,779 crore so far in February. Naveen Kulkarni, CIO, Axis Securities said most emerging markets will continue to see FPI outflows and currency depreciation in the short term.

The stock traded at a P/E multiple of 80.99, while the price-to-book value ratio stood at 5.13.

"We expect gold prices to trade sideways to up for the day with COMEX Spot gold support at $1,800 and resistance at $1,830 per ounce. MCX Gold April support lies at Rs 48,000 and resistance at Rs 48,500 per 10 gram," Tapan Patel, Senior Analyst (Commodities), HDFC Securities.

The Relative Strength Index of the stock stood at 54.87 on Tuesday.

The rising input costs continue to have an impact on the profitability and margin of the business, Minda Industries said, according to PTI’s report.

HG Infra Engineering Ltd., incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 4235.47 Crore) operating in Infrastructure sector.

"Revenue for the mobile business is likely to rise 5.5 per cent to Rs 16,016 crore while the Ebitda for the segment is seen growing 8.3 per cent at Rs 8,085 crore. The broadband and enterprise segment revenues are likely to be robust. Strong Africa business growth will drive the consolidated numbers," ET NOW poll suggested.

A total of 14,228 shares changed hands on the counter till 10:30AM (IST).

The Nifty Pharma index was trading 0.1 per cent up at 13395.0.

As of 31-Dec-2021, promoters held 51.55 per cent stake in the company, while FIIs held 17.65 per cent and domestic institutional investors had 18.31 per cent.