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Sobha Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 6724.10 Crore) operating in Real Estate sector.

“The stocks to own for next three years include SBI among the PSU banks. This quarter was soft, but going forward, it should be better off. Among midcap IT companies, the L&T twins could be second preference. The third stock to own would be from mid-sized cement players. In that space, Birla Corp is in top form.”

The global investment bank expects growth in revenue at 32% CAGR over FY22-25. We are seeing an increase in smartphone penetration across key geographies. The global investment bank expects Affle to maintain its current global market share of 0.17%, said the note.

A strengthening USD pushed global Investors away from Emerging markets and India couldn’t avoid this wave. However, the structural Indian growth story is still intact which attracted foreign direct investment (FDIs) coming into India in more numbers.

A total of 8,780 shares changed hands on the counter till 12:48PM (IST)

The stock quoted a 52-week high price of Rs 173.45 and a 52-week low of Rs 125.2.

India will formally gauge interest in IDBI Bank as soon as September, sources told ET NOW, adding that the government may likely keep some IDBI Bank shares after the sale.

In the spot market, the highest purity gold was sold at Rs 51,421 per 10 grams while silver was priced at Rs 55,000 per kg on Tuesday, according to the Indian Bullion and Jewellers Association.

“The workplace now is way more flexible than what it was prior to the pandemic and that offers a lot of flexibility for women and people with disabilities to be able to do the job without having to go through the hassles of making themselves appear at the workplace. Organisations becoming flexible post pandemic has definitely been a boost for inclusivity and diversity in the workforce.”

The Nifty Auto index was trading 0.05 per cent up at 12932.0.