On the BSE, it plunged 4 per cent to Rs 633.60 apiece.
In the morning session, the 30-share BSE Sensex was trading 29.96 points or 0.05 per cent higher at 60,160.67 points.
On Tuesday, AU Small Finance Bank reported its highest ever quarterly profit of Rs 425 crore in March quarter, up 23 per cent year-on-year.
The bank's net profit was Rs 346 crore in the year-ago quarter, the lender said in a regulatory filing.
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- Macro Stability to Help Sustain Growth: Finmin
Increased macroeconomic stability has made India’s growth rate sustainable, the finance ministry said on Tuesday but called for vigilance against risks from El Nino-triggered drought conditions, geopolitical developments and global financial turmoil.
Airtel Weathered Storms to Emerge as Strong InstitutionBharti Airtel has overcome existential crises in 2003 (intense competition) and 2020 (Supreme Court’s AGR verdict) as well as the ‘tsunami’ of 2016 (Reliance Jio’s launch) to emerge as an institution that is a national asset, said chairman Sunil Mittal.
Vedanta Very Comfortable; Concerns Over its Debt Situation MisplacedVedanta Group chairman Anil Agarwal on Tuesday said Vedanta Resources (VRL), holding company of the mining and metals conglomerate, is well-positioned to meet its future debt obligations, and that concerns around the group being over-leveraged are misplaced.
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