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On a consolidated basis, GTPL Hathway reported an 8.3 per cent fall in net profit in the January-March period to Rs 56.6 crore on a 20.3 per cent fall in total income to Rs 627.8 crore.

Following the development, shares of Ruchi Soya Industries rallied more than 8 per cent to Rs 999 on Monday, before giving up some gains to Rs 988.80 at 9.35 am. The scrip settled at Rs 924.85 on Friday.

On the technical charts, the RSI of the stock stood at 69.75.

SMS Lifesciences’ counter shot up to a high of Rs 939.40 as against the previous close of Rs 789.80 on the BSE. The stock was last trading 15 per cent higher.

Data showed that Dhawan held 3,600,000 shares or a 1.29 per cent stake in the company as of March 31, 2022. He held 5,000,000 shares or a 1.80 per cent stake in the company as of December 31, 2021. Dhawan, in fact, held a 3.61 per cent stake in the IT firm in the year-ago quarter and has been reducing his stake in the company as the stock moved higher.

GoTo, the largest digital ecosystem in the archipelago nation of 270 million people, was formed by the merger of ride-hailing company Gojek and e-commerce platform Tokopedia in May 2021.

The 10-year benchmark 6.54 per cent, 2032 paper was last trading 5 basis points higher than previous close at 7.17 per cent. Bond prices and yields move inversely.

The Nifty Realty index was trading 0.0 per cent at 474.5.

“The critical thing I am watching out for is where the TCS margins are because for the last two-three quarters, most of these companies have been able to hold on to margins pretty well despite inflation and huge attrition in the entire IT industry. So margin performance will be critical for stock price performance. ”

A total of 38,314 shares changed hands on the counter till time (IST).