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​ In February 2023, Nifty fell over 2% amid concern over high inflation, recession fear in the US and worldwide supply-chain disruption.

Promoters held 68.69 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 9.21 per cent and 5.99 per cent, respectively.

A total of 460,024 shares changed hands on the counter till 01:43PM (IST)

Kotak Institutional Equities, on the other hand, sees limited space for the RBI to ignore the above 6% inflation prints and continue to expect the repo rate to be hiked by a 25 bps hike in the April meeting.

The stock quoted a 52-week high price of Rs 3321.05 and low of Rs 2150.75.

Mahindra CIE is an automotive components supplier, specialised in supplying components and subassemblies for the automotive market. The company manufactures automotive components including engine and steering components as well as various other forged metal products.

As of 31-Dec-2022, promoters held 46.09 per cent stake in the company, while FIIs held 18.6 per cent and domestic institutional investors had 16.37 per cent.

"The Gold extended its crazy bullish momentum and surged with 2.43% gain on Monday, benefited from renewed risk-aversion, with the focus on a banking crisis born in the United States and spreading across the Atlantic," Marc Despallieres, Chief Strategy and Trading Officer at Vantage said.

The Relative Strength Index of the stock stood at 55.82 on Tuesday.

Divgi TorqTransfer has recorded a net profit of Rs 26 crore as of September 2022, while total income stood at Rs 137 crore in the same period. Between FY20 and FY22, the company’s profit after tax increased at a CAGR of 28.30%.