Energy stocks were trading in the negative zone, with the S&P BSE Energy index falling 178.59 points or 2.33% at 7486.38 at 13:51 IST.
The renewable arm of the Business has won an order to construct a 245 MW solar power project in Rajasthan.
Oil and Gas stocks were trading in red, with the S&P BSE Oil&Gas index decreasing 424.83 points or 2.37% at 17525.71 at 13:51 IST.
Black Box said that its board has approved the proposal for sub division/ split of equity shares of the company from face value of Rs 10 each into equity shares of face value of Re 2 each.
Metal stocks were trading in the negative zone, with the S&P BSE Metal index falling 857.01 points or 3.94% at 20896.53 at 13:51 IST.
For FY2022, ICRA expects the industry’s operating margins to contract sharply by 350 to 450 bps Y-o-Y from 7.3% in FY2021. Headwinds to continue in the near-term in view of rising commodity prices.
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