The stock traded at a P/E multiple of 60.01, while the price-to-book value ratio stood at 2.59.

The NSE Nifty index was trading 229.75 points up at 17852.0

India aims to gross borrow 14.31 trillion rupees ($180 billion) through bonds in the current financial year, of which it is scheduled to raise 5.86 trillion rupees in October-March. The government is also aiming to maintain fiscal deficit at 6.4% for this financial year.

Promoters held 43.49 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 34.54 per cent and 2.02 per cent, respectively.

Jefferies maintained a buy on Nazara Technologies with a target price of Rs 750 which translates into an upside of nearly 15 per cent from Rs 750 recorded on 19 September. The growth outlook for Nodwin and Sportskeeda remains strong, it said, adding that Real Money Games (RMG) remain an attractive market.

For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 1899.09 crore, up 13.05 per cent from last quarter total income of Rs 1679.93 crore and up 49.68 per cent from last year same quarter total income of Rs 1268.73 crore.

Macpower CNC Machine, D P Wires, Upsurge Seeds of Agriculture Ltd., McLeod Russel and Shanthi Gears, hit their fresh 52-week highs at 11:20AM.

In an exchange filing, the Ahmedabad-based edible products company announced plans to set up a grain-based ethanol manufacturing facility with 1,000 kilolitres per day (KLPD) capacity in Dalpur village of Sabarkantha district in Gujarat.

A total of 252,122 shares changed hands on the counter till 11:11AM (IST)