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“Whatever need was felt for digital currency, it is getting addressed through the CBDC which is also a regulated currency in the sense that RBI has got a complete stock of the currency for an economy which is emerging. There has to be a definite visibility of the total currency and to that extent it goes very well.”

According to an analysis, foreign institutional investors (FIIs) and mutual funds (MFs) have consistently increased their stakes in nine stocks from the BSE universe in the last three quarters of calendar year 2022 (Data Source: ACE Equity)

The Q2 number is not comparable on account of adverse forex movement (MTM) of Rs 138 crore (mark-to-market adjustment on foreign currency loans) vs Rs 6 crore gain in the corresponding quarter of the previous fiscal in the AEML (Adani Electricity Mumbai Ltd) business, the company stated.

The media reports suggest there is a plan to merge the company with its unit, Stock Holding Corporation of India, in order to rescue the state-run lender. The fund infusion in IFCI is aimed at reducing the debt burden of the company ahead of its merger with the unit.

Fusion Micro Finance mobilised Rs 331.2 crore through anchor book ahead of its IPO launch by allotting 89.99 lakh equity shares at Rs 368 apiece to 17 investors, the company said in a filing on BSE.

The capacity of the plant for manufacturing technical Ammonium Nitrate has now been revised from approximately 2.2 lakh MTPA to 2.4 lakh MTPA. The estimated project cost has also been revised higher from approximately Rs 1,170 crore to Rs 1,645 crore, the company said in a BSE filing.

Attracted by the cheap hydroelectric power available in Niagara Falls, Blockfusion took up residence at a former coal factory there in 2019, followed by US Bitcoin in 2020, which operates from a former sodium plant.

"The company’s international foray with product listing on 4 portals in GCC countries and 2 portals in the USA looks exciting and further penetration could provide incremental value," the brokerage said while giving a target price of Rs 1,680 on the stock.

Aggregate disbursements in the second quarter of FY23 were at Rs 14,623 crore as against Rs 8,706 crore during the same quarter in FY22, implying a growth of 68%.At 12.30 pm, the scrip was trading 5.25% higher at Rs 746.60 over its previous day’s closing price of Rs 709.35 apiece. However, the stock has risen nearly 23% in the last one year while it has surged about 39% year-to-date.

“Nykaa is really excited by the sheer size and market opportunity that fashion presents. It might be five to six times the size of the beauty market. So the sheer market size and opportunity is really exciting. Within that, we think there is an opportunity for multiple players to exist as with any sort of mature consumption economy, one would see multiple players existing providing different value and different propositions to the customers. ”