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A total of 30,431 shares changed hands on the counter till 10:35AM (IST).

On a consolidated basis, the company reported a loss of Rs 108 crore compared to a profit of Rs 38 crore a year ago. Revenue grew by 12 per cent to Rs 6,660 crore while EBITDA declined by 12 per cent to Rs 658 crore. EBITDA margin narrowed 267 basis points to 9.9 per cent.

Godrej Industries Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 19220.65 Crore) operating in Diversified sector.

The stock traded at a P/E multiple of 6.35, while the price-to-book value ratio stood at 1.37.

The Nifty Pharma index was trading 0.67 per cent down at 13419.9.

As the IPO prospectus notes, the recalibration will bring LIC in line with its private-sector rivals, but it may also “reduce the attractiveness of our participating products, which could have an adverse effect on our business, financial condition, results of operations and cash flows.”

While Bitcoin’s price has meandered the last few days, the largest cryptocurrency by market value has staged a modest under-the-radar recovery from its wintertime swoon.

Jubilant Foodworks Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 39244.95 Crore) operating in Tourism & Hospitality sector.

Since June 2020, the government has banned a total of around 224 Chinese apps starting with about 59 apps in the first round, including popular applications like TikTok, Shareit, WeChat, Helo, Likee, UC News, Bigo Live, UC Browser, ES File Explorer, and Mi Community.

Asian shares sagged on Monday as warnings that Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro. The United States on Sunday said Russia might create a surprise pretext for an attack, as it reaffirmed a pledge to defend "every inch" of NATO territory.