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At 12.59 pm, the stock was trading 3% higher at Rs 2,875 over its previous day’s closing price of Rs 2,792. The scrip has risen nearly 32% in the last month while it has surged about 54% in the last six months.

On the technical charts, the 200-day moving average of the stock stood at Rs 1229.71.

As of 30-Sep-2022, promoters held 55.72 per cent stake in the company, while FIIs held 20.48 per cent and domestic institutional investors had 13.22 per cent.

The sugar firm posted a consolidated net loss of Rs 162.37 crore in Q2FY23 against a loss of Rs 113.01 crore in Q2 FY22. However, its revenue dropped about two per cent to Rs 1,323.40 crore in the same quarter.

Adani Group have led the gainers as 5 out of 7 listed companies from the Gautam Adani led conglomerate are included in this list as their cumulative mcap has jumped by Rs 5.51 lakh crore.

Polycab India, incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 40019.64 Crore) operating in Consumer Durables sector.

Bitcoin held the $17,000 mark, whereas Ethereum was marching towards the $1,300 mark. The Federal Open Market Committee would likely raise interest rates 50 basis points instead of continuing its current diet of 75 bps.

The brokerage lifted China to overweight from an equal-weight position it had held since January 2021. It raised its end-2023 targets for the MSCI China Index to 70 from 59 and for the Hang Seng Index to 21,200 from 18,200.

On the technical charts, the 200-day moving average of the stock stood at Rs 88.37.

ICICI Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 649445.29 Crore).