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Edelweiss Securities said industry wish list includes subsidy allocation towards urea and nutrient-based fertilisers. This will be positive for fertiliser players given most of them have been facing constraints in passing through raw material costs to end customers, it added.

EBITDA (Earnings before income, taxes, depreciation and amortization) grew 11 per cent to 19.40 crore during the quarter from Rs 17.45 crore in the year-ago period.

“The macro setup is not yet good and we will continue to live with a lot of volatility without any remarkable gains in the asset market.”

Meta, formerly Facebook Inc, first unveiled plans for Diem, known as Libra earlier, in June 2019, as part of an effort to expand beyond social networking into e-commerce and global payments.

The Nikkei share average lost 3.11% to 26,170, its lowest close since Nov. 24, 2020. The index, which fell for a third straight day, marked its biggest daily decline since June 21, 2021.

The Relative Strength Index of the stock stood at 21.33 on Thursday.

Promoters held 0.22 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 52.21 per cent and 12.16 per cent, respectively.

With the Fed now likely to raise rates in March, Fed fund futures show traders pricing in as many as five hikes this year, more than the four they had in the run-up to the meeting.

The stock quoted a 52-week high of Rs 442.95 and a 52-week low of Rs 242.0.

A total of 960 shares changed hands on the counter till 12:53PM (IST).