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Cipla Ltd., incorporated in the year 1935, is a Large Cap company (having a market cap of Rs 85350.61 Crore) operating in Pharmaceuticals sector.

A total of 238,320 shares changed hands on the counter till 11:01AM (IST)

Refineries processed 19.5 million metric tonnes (MMT) or 4.62 million barrels per day (mbd) in August, lower than 5.07 mbd in July and the nameplate capacity of 5.02 mbd, as per the petroleum and natural gas ministry data.

"The credit demand from farming in general is high. Fish farming and shrimp farming have shown more demand during the ongoing kharif season," said George Alexander Muthoot, managing director, Muthoot Finance.

The stock is trading near its breakout point, placed at Rs 580. The key technical indicators are positively poised on long-term as well as medium-term timeframe charts, while its short-term indicators tested the overbought zone and may reverse.

Tata Steel Ltd. key Products/Revenue Segments include Steel & Steel Products, Power, Other Operating Revenue and Others for the year ending 31-Mar-2022.

"Several variables like recovery in the CAPEX cycle, and China+1 amongst others have the potential to catapult India’s GDP growth by an additional 1-2% pa. for a sustained period. This is quite possible as several other countries like Japan, South Korea and China have also witnessed this for 1-2 decades. Currently, all the stars seem aligned for a promising outlook for India over the next decade."

“Right now that concern is not there but the world is very volatile. Suddenly, some geopolitical event happens and oil shoots up to $110-120-130 then there is no option for the country to take steps. So at this point of time, we are not worried but any sharp increase in oil and G-Sec yields inching up towards maybe 7.75%, closer to 8% would be a wake-up call.”

“After Q1 results, most analysts have downgraded earnings by roughly about 8% to 9% for FY23. As a result, everything has culminated into a reverse value versus earnings outlook for the IT space. This is going to be a correction in the IT pack. From a longer term standpoint, once a capitulation happens, it will create value but we need to wait for the right valuation before getting very bullish about the sector.”

Transport Corporation of India Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 5930.67 Crore) operating in Logistics sector.