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Incorporated in 1985, Anant Raj is among major real estate developers in India, with a variety of residential colonies, IT parks, housing societies, shopping malls, warehouses, office complexes and more, majorly in Delhi.

As of 30-Jun-2022, promoters held 39.99 per cent stake in the company, while FIIs held 35.64 per cent and domestic institutional investors had 6.73 per cent.

Strong execution capability is reflected in its quarterly results, the brokerage said, adding that the recent fundraising from GIC was followed by improved profitability. A balance sheet, healthy cash flows, and a strong overall performance remains key, MOSL said.

The stock quoted a 52-week high price of Rs 173.45 and a 52-week low of Rs 125.2.

A panel of ministers will make the final decision on the structure of the deal, the people said. The government and LIC will formally seek to gauge buyer interest as soon as the end of September, one of the people said.

ICICI Lombard General Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 60855.43 Crore) operating in Financial Services sector.

A total of 190 shares changed hands on the counter till 11:37AM (IST)

“We built up a position in ICICI Lombard. We had a smaller position last year. It has been ramped up significantly over the last six months. A lot of stuff is happening in IRDA which is very encouraging for high quality multiline insurance companies like ICICI Lombard. We hope to make more money from it in the years ahead.”

The resilience of the Indian market even amidst global volatility can be attributed mainly to two factors: One, the strong growth momentum in the economy and two, the steady FII flows even when the Dollar has been appreciating.

The global cryptocurrency market cap was trading at the $1.04 trillion mark, rising about 2 per cent in the last 24 hours. However, the total trading volume dropped more than 7 per cent close to $65.46 billion.