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Promoters held 54.9 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 18.29 per cent and 11.37 per cent, respectively.

Goldman Sachs said India stocks appear well-priced for now, ET NOW reported. It said India may see growth as it recovers from the adverse impact of the pandemic. In fact, Goldman Sachs sees India to lead growth in Asia over the next two years.

The poor showing in the quarter gone by was mainly on account of a decline in Indiabulls’ loan book.

A total of 35,926 shares changed hands on the counter till 10:56AM (IST).

According to a PTI report, the company’s total income declined Rs 1,745.62 crore in July-September from Rs 1,865 crores a year ago.

The stock quoted a 52-week high of Rs 141.75 and a 52-week low of Rs 83.2.

The Nifty Realty index was trading 1.79 per cent down at 538.8.

The S&P 500 posted 15 new 52-week highs and 6 new lows; the Nasdaq Composite recorded 114 new highs and 125 new lows.

Larsen & Toubro Infotech Ltd. key Products/Revenue Segments include Software Development Charges & Other Services for the year ending 31-Mar-2021.

IPO frenzy is cyclical and will die down. There are still a lot of opportunities in very high quality sectors and companies which are turning around, says Hiren Ved.