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A total of 15,322 shares changed hands on the counter till 01:24PM (IST)

Vikas Lifecare engages in the trading of various chemical compounds, polymers, PVC resins, plastic granules, and products related to the plastic industry in India. It operates through Real Estate, Trading- Polymers, Trading-Cashew Nuts, and manufacturing divisions.

As of 30-Jun-2022, promoters held 59.45 per cent stake in the company, while FIIs held 23.1 per cent and domestic institutional investors had 4.21 per cent.

The renewable piece has had strong performance on top-line growth through limited contribution to the bottom-line, it said adding that a more permanent fix for the disputed compensation for Mundra could be a key catalyst for the stock in the near-term — though Street has been disappointed on the same in the past.

The stock quoted a 52-week high price of Rs 1356.9 and a 52-week low of Rs 923.5.

A total of 8,604 shares changed hands on the counter till 12:43PM (IST)

India’s growth story is here to stay and in the current macro environment we are the strongest force to reckon with. Stay invested as this ride to glory will not be smooth due to issues beyond India’s control.

On Wednesday also, shares of NDTV Ltd had touched the upper circuit limits, the highest permissible trading limit for the day. In a stunning move on Tuesday, the Adani group announced launching an open offer to acquire an additional 26 per cent stake in NDTV Ltd after an indirect acquisition of 29.18 per cent shareholding in the company.

“There will be corrections down the line but in my opinion, the fear factor is much less unless there is some other catastrophe around the corner. We should be able to gradually build on these gains and the market can start trading at around its previous high, over the next few months or so.”

The Nifty IT index was trading 0.1 per cent down at 28830.85.