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Jaguar Land Rover reported a 4.9% decline in retail sales at 88,121 units in the second quarter ended September 30, 2021. The company had posted retail sales of 92,710 units in the same quarter previous fiscal.

The mutual fund has about 10.65% in cash holdings, debt & money market instruments and arbitrage positions which can be deployed in long-term investments at appropriate levels.

As of 30-Jun-2022, promoters held 39.99 per cent stake in the company, while FIIs held 35.64 per cent and domestic institutional investors had 6.73 per cent.

The Relative Strength Index of the stock stood at 38.64 on Monday.

A total of 600,133 shares changed hands on the counter till 02:10PM (IST).

Shutdown of refineries, windfall taxes on fuel exports, and lower product cracks are likely to pull down the conglomerate’s earnings sequentially in Q2, the global investment bank said.

The stock quoted a 52-week high price of Rs 1723.65 and a 52-week low of Rs 1375.55.

Marking its presence at a global level, Gravita India announced that it has started commercial production of aluminium from a new recycling plant situated in Senegal, West Africa.

As per Trendlyne data, the highest target for Navkar Corporation goes up to Rs 98, suggesting an upside of the potential of around 70 per cent from the current prices. The consensus recommendation from one analyst for the stock is a strong buy.

Promoters held 29.33 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 48.48 per cent and 7.64 per cent, respectively.