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JPMorgan maintained an overweight rating on Tata Steel with a target price of Rs 140. “Large PAT loss was driven by inventory NRV hit in Europe,” JPMorgan said.

Varun Beverages, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 83538.58 Crore) operating in FMCG sector.

A total of 3,917 shares changed hands on the counter till 11:18AM (IST).

In the longer run, under normalized operating conditions, the brokerage expects the operating margins to restore to 14-15% levels. In addition, Rossari continues to innovate, within its four core chemistries, developing products for new applications, across product segments.

When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. Usually, an ex-dividend date is set one or two days before the record date. An ex-dividend date also dictates which shareholders are eligible to receive the dividend payment.

The stock quoted a 52-week high of Rs 886.4 and a 52-week low of Rs 627.8.

“At the end of the day, this is a great opportunity to be in equities because of the doubts that people have with rising interest rates, etc. It is very important for people to have exposure to the equity market, not the debt market, but the equity market. Equities for the long term are always the best investment, in my view.”

Promoters held 58.37 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 27.73 per cent and 2.71 per cent, respectively.

"The unexpected surge in U.S. jobs number has taken markets by surprise," said Srinivas Puni, managing director at QuantArt Market Solutions.

Dalmia Bharat, incorporated in the year 2013, is a Mid Cap company (having a market cap of Rs 35622.11 Crore) operating in Cement sector.