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The stock traded at a P/E multiple of 353.16, while the price-to-book value ratio stood at 2.85.

As of 31-Mar-2022, promoters held 51.09 per cent stake in the company, while FIIs held 12.06 per cent and domestic institutional investors had 3.58 per cent.

The Nifty Realty index was trading 0.0 per cent at 418.6.

On the technical charts, the 200-day moving average of the stock stood at Rs 419.1.

JSW Energy Ltd., incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 38125.09 Crore) operating in Power sector.

Meanwhile, new demat account openings have been moderating after hitting 3.5 million in October 2021. The number of new demat accounts fell to a 17-month low of 1.8 million in June, indicating falling enthusiasm among new investors.

In a statement, Paytm Money said it continues to offer direct MFs on the Paytm Money app, with no change in investor experience even after integration with BSE StAR. Investors will continue to hold their direct MF investments in SoA format with demat account opening as a mandatory step only as per regulations, the company said.

A total of 6,838 shares changed hands on the counter till 12:33PM (IST)

As of 30-Jun-2022, promoters held 14.72 per cent stake in the company, while FIIs held 23.76 per cent and domestic institutional investors had 28.0 per cent.

“One has to be invested and have the conviction to stay invested in those companies. If you ask me where I see opportunities, in my view, there are a few candidates like Varun Beverages who have done phenomenally well for us. It is both a B2B and B2C business. How you penetrate distribution and how you go about marketing is very important,”