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On the technical charts, the RSI of the stock stood at 38.32.

Glenmark Pharmaceuticals Ltd., incorporated in the year 1977, is a Mid Cap company (having a market cap of Rs 11075.10 Crore) operating in Pharmaceuticals sector.

Among Sensex constituents, Asian Paints has rallied 35.47 per cent since June 17 to Rs 3,499.65 level from Rs 2,583.20, even as the stock is still flatish for 2022 so far. With prices of crude and crude derivatives easing, Asian Paints has come out with better-than-expected results, leading to 3.6 per cent revision in consensus EPS estimates for FY23 and 3.1 per cent upgrade for FY24 estimates.

Affle (India) Ltd. key Products/Revenue Segments include Media Entertainment and Other Operating Revenue for the year ending 31-Mar-2021.

The stock traded at a P/E multiple of 14.12, while the price-to-book value ratio stood at 1.3.

The company has reserved 50 per cent of the net offer for qualified institutional buyers (QIBs), whereas non institutional buyers (NIIs) will get 15 per cent allocation. Remaining 35 per cent shares will be given to the retail bidders.

In the last fiscal year, the company had posted a consolidated net loss of Rs 267.54 crore and a turnover of Rs 5,607 crore. On August 12, the company reported that for the quarter ended June of this fiscal year, its net loss stood at Rs 45 crore and total income at Rs 1,538 crore.

The value of order win is almost half its existing market capitalization. The company brags a total market cap close to Rs 3,000 crore as of its close on Tuesday. Shares of Techno Electric & Engineering have remained flat in the last one month, but the stock is up by 26 per cent on a year-to-date basis. Just a few days earlier, the company informed the bourses about another order win worth Rs 680 crore in a separate regulatory filing.

Five e-SUVs under two brands and the Volkswagen alliance will work in favour of the automaker, it said. "Given positive EPS revisions and catalysts around its EV launch, there is still more steam left in stock."

The Nifty Auto index was trading 0.03 per cent down at 13245.65.