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Prince Pipes & Fittings Ltd., incorporated in the year 1987, is a Small Cap company (having a market cap of Rs 6582.81 Crore) operating in Plastics sector.

"We expect the quarter to be strong for the banking industry as a whole and expect larger private banks to outperform. We expect the return metrics to improve driven by improving loan growth, improving NIMs and moderate credit costs," JM Financial said.

A total of 188 shares changed hands on the counter till time (IST).

The microcap with a total market capitalization of just about Rs 320 crore has delivered multibagger results in the last one year as the stock has risen about 750 per cent during the given period.

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

The company’s net loss stood at Rs 331.09 crore in the June 2022 quarter on account of higher expenses. The company had posted a profit of Rs 331.60 in the same quarter last year.

The stock quoted a 52-week high price of Rs 872.0 and a 52-week low of Rs 543.85.

The Nifty Realty index closed 0.23 per cent down at 417.65.

Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1626003.68 Crore) operating in Diversified sector.

“I do not think we need to look at Rs 80 to a dollar as though the skies have fallen. They have not; but yes, it does create problems for us, particularly as far as inflation is concerned because imported inflation will rise at a time when inflation is already very high.”