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Mitsu Chem Plast is a packaging solutions provider engaged in the business of manufacturing polymer-based molded products mainly used for industrial packaging for industries like chemicals, agrochemicals, pharmaceuticals, lubricants, food and edible oil.

As of 30-Jun-2022, promoters held 41.94 per cent stake in the company, while FIIs held 29.8 per cent and domestic institutional investors had 12.6 per cent.

State-run Bank of Maharashtra on Monday reported a more than two-fold jump in net profit to Rs 452 crore in the April-June quarter, helped by a healthy net interest income and improvement in asset quality.The lender had reported a net profit of Rs 208 crore on a standalone basis in the year-ago quarter of the fiscal 2022.

Total income rose to Rs 2,999.90 crore in the first quarter of this fiscal year from Rs 2,025.11 crore in the corresponding period of the previous year.Delhi-based DCM Shriram Ltd is into diversified business including manufacturing of chloro-vinyl, sugar, fertilisers and bioseeds

The stock quoted a 52-week high price of Rs 349.5 and a 52-week low of Rs 229.65.

“The main ally for India over the next 2-4 years will be the gradual realisation by foreign investors that Xi Jinping is not going to make the China that they thought they were investing in. So this whole notion that the west has cultivated that China is some great country to invest in, has gradually crumbled. The main ally for India will be the reallocation of $3 trillion odd that western investors have pumped into China over the last 20 years.”

The company said its new business margins increased to 26.8 per cent in Q1 as against 26.2 per cent in the June quarter of last year. The total assets under management went up by 10 per cent YoY to cross the Rs 2 lakh crore mark.

V Mart Retail Ltd., incorporated in the year 2002, is a Mid Cap company (having a market cap of Rs 5379.31 Crore) operating in Retail sector.

A total of 16,181 shares changed hands on the counter till 02:06PM (IST).

Morgan Stanley remained overweight on Prestige Estates Projects with a target price of Rs 612, hinting towards a 38 per cent upside in the counter. "The company continues to expand and monetize its residential and rental portfolios. June quarter operations were underlined by continued momentum in pre-sales and new launches," it said.