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A total of 46,297 shares changed hands on the counter till 01:35PM (IST).

The quota for retailers was subscribed 4.54 times, whereas the employees portion was booked 2.21 times. Portion for non-institutional investors fetched 3.29 times bids, and the portion for qualified institutional bidders was booked 36%.

The 58-year-old, who has apologised for the controversial tweet, said the issue had been blown out of proportion. "It looks like a case of a coordinated attack against me by some people on Twitter," Sundar told ETMarkets.

The stock traded at a P/E multiple of 25.04, while the price-to-book value ratio stood at 5.01.

“Segments like consumer durables where the valuations have not corrected and are not reflecting the current picture of some slowdown seen in the overall consumption, the competitive pressure is very high and the inability of the companies to pass on the pricing. That is leading to margin contraction and those probably are not getting fully reflected in the valuations.”

The month of November was not good but for many of its index constituents, as 9 stocks, including M&M, SBI, Bharti Airtel, L&T, and ICICI Bank scaled their respective lifetime highs.

​Lumax Auto Technologies, incorporated in the year 1981, is a Small Cap company (having a market cap of Rs 1806.86 Crore) operating in Auto Ancillaries sector.

The stock quoted a 52-week high price of Rs 3698.5 and low of Rs 2334.35.

“After UPL splits, there will be four very clear companies dealing with domestic agrochemicals, international agrochemicals, a global seed company and manufacturing. In three of these companies, foreign investors are coming in and the corporate governance issues seen historically are going to get addressed. These are some of the areas where the stock is still cheap at 10 or 11 times FY24 numbers. There are a lot of places where there is value in the market.”

The acquired brands are well established and recognized among doctors and other members of the medical fraternity in Brazil for their reliability, safety, and trustworthiness,” said Alexandre Franca, Managing Director, MedQuímica.