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Rakesh Jhunjhuhwala — called Big Bull for his positive outlook — has been keeping his stake in this company mostly unchanged at 1.2 per cent for many years now.

SBI Cards and Payment Services Ltd., incorporated in the year 1998, is a Small Cap company (having a market cap of Rs 99305.60 Crore) operating in Financial Services sector.

On Sunday, news wire PTI reported, citing government sources, that the company had agreed to bring down the price of ZyCov-D to ₹265 a dose following negotiations with the government but that a final deal had not yet been reached.

The total value of investments by foreign portfolio investors (FPIs) in India crossed the Rs 50-lakh-crore mark as of September this year, although their combined holding in companies listed on the NSE, at 21.5%, was at a five-quarter low at September-end.

Sources aware of the matter said the increased interest in tech IPOs and the headroom for further growth in its business as well as likely valuation after the share sale led to the founders reducing their OFS by 85-90% by value.

The non-binding offer equates to 20 paise on a rupee on total loans, including the interest component. ISMT had a term loan of Rs 3,359 crore, including interest, as of June 30, 2020, according to a disclosure made by the company to the Bombay Stock Exchange.

HDFC, Tata Motors, IRCTC, Relaxo Footwears, IRFC, Whirlpool, AB Capital, Bayer Cropscience, Phoenix and Carborundum Universal are among the companies that will announce their September quarter results today.

In July, 2021, Aurum PropTech had approved the acquisition of 51 per cent stake in Pune-based software technology firm K2V2 for a consideration of Rs 40 crore.

The BSE midcap index reached its record high of 27,246.34 on October 19 and the smallcap hit its all-time peak of 30,416.82 the same day.

Motilal Oswal Securities expects Tata Motors losses at Rs 3,146.60 crore, even as it sees sales improving 14.3 per cent YoY to Rs 61,166.20 crore.