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A total of 15,047 shares changed hands on the counter till 12:17PM (IST)

"KNRC remains net debt free and will focus on asset monetization ahead. Due to the monsoon and delays in receivables from the Irrigation segment, the pace of execution is likely to be slow in the near term," MOSL said.

For the quarter ended June 30,2022, the company has reported a consolidated total income of Rs 3904.57 crore, up 9.78 per cent from last quarter total income of Rs 3556.65 crore and up 43.91 per cent from last year same quarter total income of Rs 2713.18 crore.

Goldman analysts also said they had expected a nod towards a slower pace of tightening in November, and were revising their forecast for rate hikes to 75 basis points (bps) in November, 50 bps in December, and 25 bps in February, for a peak funds rate of 4.5-4.75%, versus 4-4.25% previously.

The stock quoted a 52-week high price of Rs 354.55 and a 52-week low of Rs 206.7.

Fed officials now foresee the economy expanding just 0.2 per cent this year, sharply lower than their forecast of 1.7 per cent growth just three months ago. And they envision sluggish growth below 2 per cent from 2023 through 2025.

The Reserve Bank of India has been selling dollars to alleviate the depreciation pressure on the rupee due to the surging dollar and foreign portfolio outflows. e central bank sold a net of $19 billion from its reserves in July alone to prevent the rupee from falling much below 80.

3M India Ltd. key Products/Revenue Segments include Sale of Products, Sale of services, Scrap for the year ending 31-Mar-2022.

The Relative Strength Index of the stock stood at 67.72 on Thursday.

As of 30-Jun-2022, promoters held 43.49 per cent stake in the company, while FIIs held 34.54 per cent and domestic institutional investors had 2.02 per cent.