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Asian stocks struggled and Wall Street ended lower overnight, after Federal Reserve Chair Jerome Powell said the U.S. central bank is "strongly committed" to bringing down inflation and policymakers are not trying to cause a recession in the process.

Promoters held 59.47 per cent stake in the company as of 31-Mar-2022, while FII and DII ownership stood at 24.44 per cent and 3.63 per cent, respectively.

"When global markets are facing rate increases and recession, Japan is positioned differently," said Shuji Hosoi, senior strategist at Daiwa Securities."The Bank of Japan decided to keep its monetary policy unchanged, and the economic activities have started picking up since the COVID-19 restrictions were lifted."The Nikkei share average was up 0.08% at 26,171.25 when markets closed, continuing to trade above the psychological 26,000 mark after having dipped as low as 25,520.23 on Monday.

The stock quoted a 52-week high price of Rs 2739.95 and a 52-week low of Rs 772.95.

A total of 22,400 shares changed hands on the counter till 01:55PM (IST)

“I personally believe that right now we are getting the short end of the stick for global reasons. Whereas our own causes for concern are relatively transitory, I cannot say that for the US or for the rest of the world. I am looking forward to one year out rather than worrying about what is happening right now.”

“Any potential adverse regulation on real-money gaming (RMG) would not only reduce competitive intensity but also increase scarcity value for Nazara - this would make us more constructive on the business’ outlook and on the stock,”On the positive side, JM Financial said Nazara, has morphed into a diversified gaming company with presence across eSports, gamified learning, simulation as well as real money games.

TTK Prestige Ltd., incorporated in the year 1955, is a Mid Cap company (having a market cap of Rs 10959.52 Crore) operating in Consumer Durables sector.

The stock traded at a P/E multiple of 93.94, while the price-to-book value ratio stood at 7.87.

Chirag Parekh, Chairman & Managing Director, Acrysil, said: We are pleased that IKEA has doubled their requirement of Composite Quartz Kitchen Sinks by adding new moulds following the success of the ongoing business, for their global supply