Basic materials stocks were trading in the positive zone, with the S&P BSE Basic Materials index rising 37.04 points or 0.64% at 5838.43 at 09:50 IST.
It further mentioned that the company’s upright approach coupled with its flagship products such as Quartz, contribute to the development of accelerators for many use cases.
The credit rating agency has also revalidated the credit rating ‘AAA/Stable’ assigned to the NCDs of the company of upto Rs100cr.
Power stocks were trading in the positive zone, with the S&P BSE Power index rising 32.24 points or 0.82% at 3964.51 at 09:50 IST.
Vinayak Chatterjee co-founded Feedback Infra Pvt. Ltd. in 1990 to 2021.
Utilties stocks were trading in the positive zone, with the S&P BSE Utilities index rising 25.39 points or 0.75% at 3392.62 at 09:50 IST.
The closing of the transaction is subject to certain conditions including the approval of the Reserve Bank of India.
The tyre maker company’s revenue from operations rose to Rs2,413cr in Q3FY22 from Rs2,221.25cr in Q3FY21.

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