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The stock quoted a 52-week high of Rs 1356.9 and a 52-week low of Rs 923.5.

“In the auto sector, Ashok Leyland, Automotive Axles and AIA Engineering are looking good while in the capital goods space, both SKF and Timken are looking good. Then there are companies like Thermax, Siemens which we also like.”

Australian shares close lower on recession fears after Fed hike.The U.S. Federal Reserve approved a bigger but widely expected 75-basis-point rate hike on Wednesday to contain broadening inflationary pressure.

While second-quarter profit growth forecasts have fallen in recent weeks, estimates for the third and fourth quarters and for all of 2022 have held up or risen, according to IBES data from Refinitiv. As of Friday, Wall Street analysts expected S&P 500 earnings to grow by 9.6% in 2022, up from 8.8% at the start of April and from 8.4% on Jan. 1.

As of 31-Mar-2022, promoters held 62.55 per cent stake in the company, while FIIs held 12.2 per cent and domestic institutional investors had 7.43 per cent.

To invest or not to invest in cryptos depends on the investment horizon, Atanuu Agarrwal, Co-founder, upside AI. They should be not more than low single digits in your asset allocation, and it should be money you are willing to lose.In the last eight months, crypto investors across the globe have lost more than $2 trillion of their wealth as the total market capitalisation of the crypto assets breached $1 trillion levels earlier this week from its peak.

The Relative Strength Index of the stock stood at 46.27 on Thursday.

"The Fed’s dot plot was also moved higher with year-end rates expected to be 3.40 per cent from 2.80 per cent previously. That implies another 1.75 per cent of hiking is still to come in 2022," said Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA.

A total of 38,071 shares changed hands on the counter till 01:54PM (IST)

A total of 385,913 shares changed hands on the counter till 12:22PM (IST)