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The stock quoted a 52-week high of Rs 298.0 and a 52-week low of Rs 190.0.

The sequential growth in earnings will be largely driven by the oil-to-chemicals (O2C) business due to the benefits from the removal of SEZ export tax and the E&P business, as higher prices flow through from October, the global investment bank said.

As a fund house, we always look for sustainable and longer-term growth and it is in this spirit that I opine that the time has come for the industry to participate in broader themes that India needs to focus on through systemic interventions rather than just ask for measures to popularise and incentivise mutual fund participation.

The Relative Strength Index of the stock stood at 53.94 on Thursday.

IndusInd Bank on Wednesday reported a nearly 69% year-on-year (YoY) rise in net profit for the December quarter at Rs 1959 crore, which is slightly higher than ET Now poll of Rs 1,950 crore. For more such web stories click on the ET icon below

The brokerage values the company at 1.8x FY25E EV to arrive at its target price of Rs 600.

While raw material prices have since corrected and Relaxo has passed on the same to consumers, it will be an uphill task for Relaxo to recover the space ceded to competitors," Mukherjea said, adding that Relaxo has also been stepping up its focus on designs, the traction in the shoe market has so far been slow

As of 31-Dec-2022, promoters held 74.99 per cent stake in the company, while FIIs held 8.59 per cent and domestic institutional investors had 6.33 per cent.

The total volume in DeFi is currently $5.06 billion, 8.40% of the total crypto market 24-hour volume. The volume of all stablecoins is now $54.33 billion, which is 90.19% of the total crypto market 24-hour volume.

ICICI Lombard General Insurance Company, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 58503.41 Crore) operating in Financial Services sector.