In case of the retail outlets, the company has retained the Essar's brand name.
The Nifty currently shows a gradual upmove amidst a range in a choppy trend in the last five sessions.
Sentiments were hit by sharp rise in crude prices and geopolitical tensions as well as trade war worries.
The broader markets outperformed frontliners with the Nifty Mid-Cap and Small-Cap indices rising 0.46 per cent and 0.33 per cent respectively.
Company posts 5.2% growth in Q1 net profit to Rs 3,802 cr.
Jefferies Activity Index growth remained negative for the second month in a row in May, implying GDP growth of 4 per cent.
"Monday's the market fall has been due to a combination of global and domestic factors.
The broader market BSE Mid-Cap and Small-Cap indices followed the benchmark, cracking up to 2.46 per cent.
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