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Star Cement Ltd., incorporated in the year 2001, is a Mid Cap company (having a market cap of Rs 4173.78 Crore) operating in Cement sector.

A total of 9,739 shares changed hands on the counter till time (IST).

According to Chairman Noel Tata, the company saw a rapid recovery in customer offtake beginning from the middle of June as businesses resumed in many markets, a report by PTI said.

“There is a significant improvement in collection efficiency across financials and we are seeing strong signs of growth recovery in the economy that is translating into growth for the financial sector across both retail loans and corporate loans as well. ”

“As far as the banking space is concerned, incrementally we are not seeing much stress there and most of the banks have provided for NPAs, especially the Covid related provisions. Even the collection efficiency is improving for NBFCs and banks.”

State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 465596.98 Crore).

"We believe tractor (industry) volumes would decline in H2 FY22, and there will be a similar trend for Escorts," said Anand Rathi, while recommending a sell on the stock with a target of Rs 1,377.

Oberoi Realty Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 35342.14 Crore) operating in Real Estate sector.

Once all these three stake sale transactions are concluded, IL&FS will be able to resolve debt of around Rs 2,800 crore.

Meanwhile, Minda Corporation reported a 51 per cent jump in consolidated net profit to Rs 39.06 crore for the second quarter ended September 30, mainly driven by demand recovery.