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A total of 17,114 shares changed hands on the counter till 12:07PM (IST).

Gold prices are expected to trade with a negative bias for the day amid strong US dollar. It is likely to break the key support, it added. "Silver prices are likely to take cues from gold prices and trade in a downward trend."

The stock has managed to outperform benchmark indices despite volatility. It rose more than 50 per cent in the last one year compared to 3 per cent fall seen in the Nifty50 in the same period. BEL is a low beta stock compared to Sensex or Nifty50.

On the technical charts, the 200-day moving average of the stock stood at Rs 2832.61.

The company’s robust growth is aided by wide distribution and attractive prices. Its newly launched segments-energy drink and dairy beverages are doing well, it said.

Further, gross margins are expected to remain under pressure even though companies undertook price hikes to pass on input cost inflation. According to brokerage Prabhudas Lilladher, companies undertook a 4-5 per cent hike in prices during the quarter.

A total of 2,885 shares changed hands on the counter till 11:42AM (IST).

Kolte-Patil Developers Ltd. key Products/Revenue Segments include Income from Sale of Commercial Flats, Shops & Plots, Project Management Fees for the year ending 31-Mar-2022.

“IT stocks have already corrected quite a bit from their top and after two or three months, once things settle down a bit, one might find them very attractive from an investment perspective. Our take is that in the short term, there is pain but from a medium to long term, there could be an opportunity.”

Besides this, there are three stock splits lined up for today. Colorchips New Media announced the sub-division of its equity shares from a face value of Rs 10 to Rs 2 per share. Greencrest and Nikhil Adhesives, on the other hand, announced a stock split in the ratio of 1:10 each.