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Indian equities have been experiencing weak performance for a considerable period, leading to a decline of over 10% in the Nifty benchmark index from its 52-week high levels. In Nifty pack, 38 stockthe s have underperformed the index.

On the technical charts, the RSI of the stock stood at 42.47.

"We maintain our e-auction premium estimate for FY23 at 231%, and we reiterate our Buy rating on the stock with a target price of Rs 275 (5x EV/EBITDA). Coal India continues to be our top pick in the mining sector. Any hike in FSA will further add to the financial performance of the company," Motilal said.

A total of 34,463 shares changed hands on the counter till time (IST).

As per Trendlyne data, the average target price of the stock estimate is Rs 663, which shows an upside potential of 45% from the current market prices. The consensus recommendation from one analyst for Isgec Heavy Engineering is a strong buy.

Lupin is a pharmaceutical company headquartered in Mumbai, India. While, it is the third-largest pharmaceutical company in the US by prescription. The company develops and commercializes a wide range of branded and generic formulations, biotechnology products, and APIs in over 100 markets in the US, India, South Africa, and across the Asia Pacific (APAC), Latin America (LATAM), Europe, and Middle East regions.

The new rules come into effect from April 1 when mutual funds with less than 35% invested in equities will be taxed as short-term capital gains (STCG) based on income tax slab levels, similar to how bank FDs are taxed.

The rising attrition rate in the sector coupled with challenging macroeconomic events could pose headwinds towards execution in automation projects further, the brokerage firm noted.

KEC International, incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 11793.93 Crore) operating in Power sector.

The stock quoted a 52-week high price of Rs 7377.6 and low of Rs 4299.8.