The Board of Directors of Sheela Foam Ltd. approved the proposal to acquire Interplasp S.L., Spain. The acquisition will pave a way for Sheela Foam Ltd. to venture into Europe, which is the world’s largest polyurethane foam market.

IRB Infrastructure Developers was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

Reflecting the distress faced by the auto industry, leading automaker Maruti Suzuki reported 27.3 per cent YoY dip in its standalone net profit at Rs. 1,435.5 crore in Q1FY20.

The Board of Directors of Thirumalai Chemicals Limited has approved the proposal to set up a subsidiary for establishing and operating a Food Ingredients Manufacturing facility (including Malic and Fumaric Acid) in the US, with a capacity of 30,000 metric tons per year.

The inspection on the above-mentioned plant was held from May 27, 2019 to June 4, 2019, where the company had received 4 observations (483s). The company has received EIR in less than two months from the date of inspection.

Read on to know more about turnaround companies. We have shortlisted top 10 turnaround companies by market cap which have generated a positive set of numbers in terms of profit in the quarter ended June 30, 2019 vs quarter ended June 30, 2018.

Following stocks are close to their 52-weeks low as at 2:32 p.m. on July 26, 2019.

Since the beginning of 2019, BSE Sensex index is up by only 4.9 per cent closing at 37,830.98 on July 25, 2019 from the level of 36,068.33 on December 31, 2018. During this period, the index touched its all-time high level of 40,312.07 as on June 4, 2019.

The markets on July 26, 2019 opened gap down. BSE Sensex is trading at 37,871.88, up by 40.90 points and the Nifty is trading at 11,277.30, up by 25.15 points. 

Vedanta's subsidiary, Cairn India Holdings Limited (CIHL) plans to unwind its structured investment in Anglo American Plc through the early exchange option, the company informed on Friday.