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The 30-share BSE Sensex closed down 101.88 points at 60821.62

The two-wheeler maker reported a 22 per cent on-year growth in revenue from operation to Rs 5,619.4 crore for the reported quarter, which was also above Street’s estimate.

Going into Q2, the inflationary trends continued and we had another 6-7% hike. We expect this inflationary trend to continue well into Q3 as well. Going forward, we are taking very concrete steps to address the whole problem of 18% to 20% inflation.

The stock quoted a 52-week high of Rs 7462.95 and a 52-week low of Rs 3362.05.

A total of 698,854 shares changed hands on the counter till 02:14PM (IST)

Stock trading on this day is an old symbolic ritual that the trading community has followed for more than half a century now.

The Relative Strength Index of the stock stood at 41.21 on Friday.

As of 30-Sep-2021, promoters held 50.05 per cent stake in the company, while FIIs held 13.59 per cent and domestic institutional investors had 8.4 per cent.

The healthy bottomline performance of the lender was thanks to a sharp decline in provisions. YES Bank’s provisions for bad loans declined 65 per cent year-on-year to Rs 377 crore.

The benefit of lower iron ore costs did not accrue to Indian steel companies because of the very high iron ore cost to the industry. While the global iron prices came down, they did not come down in India. Over and above that, the energy shortages also pushed up energy related commodity prices.