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The stock quoted a 52-week high price of Rs 974.0 and low of Rs 503.4.

Total revenue from operations decreased to Rs 800.1 crore for the quarter ended June 2022 as against Rs 3,206 crore in June 2021, down by 75 per cent YoY.EBITDA for the quarter was lower by 23.1 per cent YoY at Rs 130.7 crore.

Ebitda grew despite supply constraints, cost headwinds and weak macro-economic context. Judicious price increases, better foreign exchange realisation and a favourable mix offset the material cost inflation and enabled margin improvement, Bajaj Auto said.

As of 30-Jun-2022, promoters held 60.51 per cent stake in the company, while FIIs held 11.03 per cent and domestic institutional investors had 1.01 per cent.

A total of 552,560 shares changed hands on the counter till 02:10PM (IST)

"Assortment is a key in grocery and offline retailers are used to having a wide basket of assortment to attract customers and have a larger purchase basket. But online, a sharper assortment coupled with aligned fulfilment model such as hyperlocal or dark stores is the way to go."

Promoters held 62.55 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 11.85 per cent and 7.07 per cent, respectively.

After the financial update, the scrip hit a day’s low of Rs 2161. At 11:05 am, it traded at Rs 2233.35 around 5.5 per cent below its previous close of Rs 2363.85. Promoters held 79.17 per cent stake in the firm while FIIs and DIIs held 3.53 per cent and 10.76 per cent stakes, respectively at the end of 30 June 2022, respectively.

Russia is set to cut more gas supplies to Europe, while investors also brace for a possible interest rate hike by the U.S. Federal Reserve on Wednesday.Retail stocks were the biggest decliners, down 2.3%, hit by a profit warning from top U.S. retailer Walmart Inc , which cited surging prices for food and fuel affecting discretionary demand.

Navin Fluorine International Ltd., incorporated in the year 1998, is a Mid Cap company (having a market cap of Rs 21397.40 Crore) operating in Chemicals sector.