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The stock quoted a 52-week high price of Rs 846.6 and a 52-week low of Rs 427.95.

History suggests India’s 125 per cent re-rating-driven rally from March 2020 lows was similar to early market cycles of 2003 (Nifty up 91 per cent) and 2009 (Nifty up 138 per cent) where the market delivered outsized returns from depressed levels, thanks to low cost of capital.

Havells India Ltd., incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 90726.26 Crore) operating in Consumer Durables sector.

As of 30-Jun-2021, promoters held 46.55 per cent stake in the company, while FIIs held 18.6 per cent and domestic institutional investors had 11.43 per cent.

A total of 301,416 shares changed hands on the counter till 11:48AM (IST).

On the technical charts, the RSI of the stock stood at 66.38.

Multi Commodity Exchange of India Ltd., incorporated in the year 2002, is a Mid Cap company (having a market cap of Rs 8343.59 Crore) operating in Financial Services sector.

The stock quoted a 52-week high price of Rs 4012.7 and low of Rs 1949.3.

The key areas of revival were capital goods, infrastructure and construction output growth, especially electrical and machinery and equipment segments, Nomura economists wrote.

The Nifty Auto index was trading 0.54 per cent down at 10058.05.