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The Adani Group company Adani Enterprises forayed into the media business by acquiring an unspecified minority stake in Quintillion Business Media earlier this year.

“The transition from growth to value or cyclicals will be a multiyear transition if the Fed does not break the back of inflation. It will depend on how hawkish the Fed really tends to be. The Fed is talking extremely hawkish. We have real significant balance sheet contraction. My personal base case is at some point the Fed will back off before they really break inflation.”

A total of 374,600 shares changed hands on the counter till 01:03PM (IST).

Financial planning and equity-based investment have always been challenging tasks for new investors. With thousands of companies to evaluate and hundreds of parameters to consider before making an investment decision - the complexity of the process is high and there is risk involved in investing in stock markets.

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 public sector lender reported a net profit of Rs 1,779 crore in the quarter ending March 2022 against a loss of Rs 1,047 crore in the same period last year on the back of lower provisions and improved loan growth.

Total expenses reduced to Rs 450.06 crore in the quarter under review, as against Rs 535.32 crore in January-March 2021.

Elgi Equipments reported a 19.17 per cent growth in revenue for Q4FY22 quarter on a consolidated basis at Rs 727.61 crore. On a sequential basis, revenues were higher for the quarter by 10.98 per cent.

Union Bank of India, incorporated in the year 1919, is a banking company (having a market cap of Rs 25220.22 Crore).

A total of 16,861 shares changed hands on the counter till 11:21AM (IST).