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As of 30-Jun-2021, promoters held 41.73 per cent stake in the company, while FIIs held 26.76 per cent and domestic institutional investors had 0.49 per cent.

A total of 27,051 shares changed hands on the counter till 12:29PM (IST).

“We would prefer aluminium companies like Hindalco, Nalco to some extent or a ferrous metal play like SAIL which offers far better valuation comfort and much better earning visibility going into the next let us say next two or three quarters.”

Shares of Kitex Garments have rallied over 50 per cent in the last one year. However, it has underperformed in the last one month, giving a negative return.

The two large corporate houses, along with six others, accounted for 30 per cent of the total wealth generated on BSE during the eight-month period.

The stock quoted a 52-week high price of Rs 1718.45 and a 52-week low of Rs 257.45.

ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 501545.83 Crore).

“The most positive thing which I could gauge from the GDP numbers is exports. They were a bright spot -- they were up 15.3% on a sequential quarter-on-quarter basis on top of a plus 9% sequential March quarter and definitely supported by the strong global growth.”... “On the negative front, lower than expected government spending towards capex in June quarter was a disappointment and we expect it to pick up pace over the coming quarters.”

Euphoric performance of IPOs during 2020 and in the first eight months of this year also had its fallout. Oversupply, fall in quality, and valuation, all these factors have resulted in a situation where not much money was left on the table for incoming investors. In turn, some of the listings were on a subdued note, according to analysts.

As of 30-Jun-2021, promoters held 38.41 per cent stake in the company, while FIIs held 37.74 per cent and domestic institutional investors had 11.35 per cent.