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A total of 750 shares changed hands on the counter till 11:47AM (IST).

Surya Roshni, in a filing, said the company has received orders worth Rs 91.27 crore for the supply of API- SL 3LPE Coated Line pipes from Bharat Gas Resources Limited. The contract is for domestic purposes and the order is to be executed in 12 months, the company added.

"There is a reason why even conventional companies are moving towards tech. We need to appreciate the viewpoint that tech is risky but there are opportunities associated with it. Change is always very difficult for people and there will be a lot of volatility. Some of the good internet companies will lose their stock market price by even 90-95% but the story of Amazon can be repeated."

The dollar index extended its fall and slipped below 107.40 marks to end at 107.28 with a loss of 0.5 per cent on Monday. The USD-INR 27 July futures contract, however, settled on a positive note above 80 in the previous trading session.

While some analysts say that such stocks are the best combo for conservative investors looking for consistent income and wealth creation with utmost possible safety, others warn that it can turn out to be value traps as well.

Prestige Estates Projects Ltd., incorporated in the year 1997, is a Mid Cap company (having a market cap of Rs 17688.02 Crore) operating in Real Estate sector.

The stock quoted a 52-week high price of Rs 2749.0 and a 52-week low of Rs 1919.5.

“In real terms, it looks like a nice fig leaf which allows the government to not take adverse action claiming that they were ready for it but the world was not ready for it. Hence we would rather go with where the whole world is going, which is my recommendation too.”

The stock quoted a 52-week high of Rs 1823.0 and a 52-week low of Rs 1375.55.

The Nifty Pharma index closed 0.15 per cent down at 12713.45.