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The Nifty Realty index was trading 1.67 per cent down at 442.9.

While shareholders approved the remuneration of Sharma as well as that of Paytm President and group chief financial officer Madhur Deora but the support was not similar to the level seen for their re-appointment.

In the June quarter of the previous fiscal, settlement of death claims was to the tune of Rs 7,111 crore, which for Q1 of this year was Rs 5,743 crore, LIC Chairman M R Kumar said in a post-earnings call with analysts.

Three stocks Brightcom Group, Tata Teleservices (Maharashtra) and Zomato require a 175-176 per cent rally to revisit their 52-week highs. While not many brokerages track the first two stocks, a host of brokerages have turned positive on Zomato. The stock has also been in a recovery mode, having risen some 15 per cent in the last one month.

KNR Constructions Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7071.64 Crore) operating in Infrastructure sector.

“There are always two portions in a portfolio that one has to manage. One portion is high confidence and reasonable returns and that is where ITC fits in and that is the stable part of the portfolio. The other one is reasonable confidence and high return and that is where Vedant Fashions, Campus and Zomato fit in.”

A total of 9,893 shares changed hands on the counter till 12:29PM (IST).

Promoters held 45.25 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 18.82 per cent and 18.9 per cent, respectively.

The stock traded at a P/E multiple of 4.3, while the price-to-book value ratio stood at 1.08.

While poll medians showed a terminal fed funds rate - a level at which they would peak in the current tightening cycle - of 3.50%-3.75%, expected in Q1 2023, nearly 80% of economists who replied to an additional question, 29 of 37, said the risks were skewed towards a higher rate than they expected.