Meanwhile, shares of the company are trading over 3 per cent lower in today's trading session amid a broader stock market selloff.

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IST, the barometer index, the S&P BSE Sensex, tanked 947.86 points or 1.24% to 75,347.50. The Nifty 50 index dropped 357.25 points or 1.54% to 22,892.85.