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Shares of several companies, in which Dubai-based hawala operator Hari Shankar Tibrewala (sometimes mentioned as Tibrewal) owns a stake through the foreign portfolio investor (FPI) route, continue to fall on Indian stock exchanges. Cellecor Gadgets Ltd, in which Tano Investments Opportunities Fund holds 13%, hit its lower circuit of 20% to Rs190.80.
Ashish Kacholia's multibagger pick Balu Forge has zoomed about 400 per cent from its 52-week low at Rs 53.90 hit in late November 2022.
The PE of aerospace and defence player Zen Technologies, which makes military training live-range equipment and anti-drone systems, has fallen from an average of 225 to 76.6. HDFC Securities said that given a large order inflow and revenue visibility for the next few years, some more rerating is possible in the stock.
During the meeting, the Board will also consider the re-appointment of Chandock as Whole-Time Director, subject to the approval of shareholders.
Plutus held 2.33 percent stake in Yatharth Hospital as per the shareholding data disclosed by the company last week.