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Ambuja Cements and ACC currently have a combined installed production capacity of 70 million tonne per annum. The two companies together have 23 cement plants, 14 grinding stations, 80 ready-mix concrete plants and over 50,000 channel partners across India.

A total of 8,917 shares changed hands on the counter till 10:56AM (IST).

Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 156598.75 Crore) operating in Auto sect

The Relative Strength Index of the stock stood at 72.08 on Friday.

“Most infrastructure projects in China are in deep losses. It is not bad from an India perspective longer term because it puts pressures on commodities especially steel, metals, plastics, etc, which helps India in its inflation fight. Longer term, that trajectory is changed and directionally, India is much better positioned than China and this will play out over the next few years.”

The cumulative order value of these projects is pegged at Rs 153.16 crore, the company said in a regulatory filing. Out of the seven deals closed by Gensol, five are based on a full turn-key EPC (engineering procurement construction) model, while two are Balance of System (BoS) projects, it said.

The stock price started its up move from Rs 65 (March 2009). The stock made a high of Rs 1,486 in July 2021 accompanied by higher bottoms and top formations and traded above averages in its uptrend,[Bharat Gala, President - Technical Research, Ventura Securities, said.

The Nifty Pharma index was trading 0.64 per cent up at 12673.65.

The Nifty Realty index closed 1.47 per cent up at 455.45.

As part of the new framework, asset management companies (AMCs) will have to make scheme-wise disclosure of investments, as on the last day of each quarter, in securities of such entities that are excluded from the definition of "associate", the Securities and Exchange Board of India (Sebi) said in a circular.