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Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1623534.09 Crore) operating in Diversified sector.

A total of 308,498 shares changed hands on the counter till 12:13PM (IST).

The stock traded at a P/E multiple of 2.65, while the price-to-book value ratio stood at 0.82.

Akzo Nobel India Ltd., incorporated in the year 1954, is a Mid Cap company (having a market cap of Rs 8780.17 Crore) operating in Building Materials sector.

A total of 97,646 shares changed hands on the counter till 11:11AM (IST)

“M&M will continue to do well. Next, profits have to come and outperform expectations leading analysts to increase targets. It is hardly owned by anyone. So, if you look at any portfolio, top 10, top 20 holdings do not include M&M though you might see Tata Motors and a few others.”

As of 31-Mar-2022, promoters held 62.55 per cent stake in the company, while FIIs held 12.2 per cent and domestic institutional investors had 7.43 per cent.

ICICI Prudential Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 74445.27 Crore) operating in Financial Services sector.

The stock quoted a 52-week high price of Rs 7595.25 and a 52-week low of Rs 3733.25.

"The cost for IT companies has increased due to higher attrition rate, inflated compensation and increased travelling cost which have hurt the operational performance and margins of the IT sector, neutralising the windfall gains of weak rupee," Bathini added.