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A total of 377,047 shares changed hands on the counter till 02:10PM (IST).

Citi has a neutral outlook on Hindustan Zinc, which announced an interim dividend of Rs 21 per share for the financial year 2022-23. The brokerage sees the stock at Rs 255, following a 14 per cent correction in shares in 2022.

“Share price action has no bearing on what we do. Whether it is ITC, Titan or HDFC Bank, the share price tells you nothing about the company. If the share price has gone up, you should not be happy. If the share price has gone down, you should not be depressed,” Mukherjea told ETMarkets in an interview.

The IT major reported a 37.3 per cent year-on-year (YoY) rise in profit after tax (PAT) at Rs 471.60 crore compared with Rs 343.40 crore in the same quarter last year. Revenue for the quarter rose 36.2 per cent YoY to Rs 3,121.10 crore compared with Rs 2,291.70 crore in the corresponding quarter last year.

“When somebody is looking at very moderate return expectations with a relatively low risk, NTPC and Power Grid are the names that one can look at but given their legacy and the fact that they are all government owned companies there may not be a significant upside. So, from that perspective we are positive on both these names.”

NHPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 34253.57 Crore) operating in Power sector.

"Iron ore prices remain vulnerable to downside risk in the short term," said Daniel Hynes, ANZ senior commodity strategist. "Weaker steel demand from the construction sector in China is a major headwind for the iron ore price."

In case any candidate comes across such an offer, the same may be immediately brought to the notice of the regulator with full details, such as name and contact details, of the elements indulging in such practice. In its notice, Sebi has invited applications from Indian citizens for the post of Officer Grade A (Assistant Manager) in the Information Technology stream.

The stock traded at a P/E multiple of 353.16, while the price-to-book value ratio stood at 2.85.

As of 31-Mar-2022, promoters held 51.09 per cent stake in the company, while FIIs held 12.06 per cent and domestic institutional investors had 3.58 per cent.