The company has received an export order for 3,00,000 steel wheels for the EU Caravan market. The order will be shipped from the Steel Strips' Chennai plant.

The Garden Reach Shipbuilders & Engineers Limited which hit the secondary market this month, has signed a contract with the Ministry of Defence, for construction and delivery of four large survey vessels, according to the company’s filing with the exchanges.

The stock of pharma major Dr. Reddy's Laboratories was under pressure in early morning trade on Wednesday as it reacted to the news of USFDA's observations issued for its Duvvada unit on Tuesday.

Overall volumes in futures & options currently stand at 1.33 crore contracts with a turnover of Rs. 7,19,557.92 crore.

Overall volumes in futures & options currently stand at 1.33 crore contracts with a turnover of Rs. 7,19,557.92 crore.

IRB Infrastructure Developers Limited Ltd. reported its results for the quarter ended September 30, 2018. IRB Infrastructure Developers Limited consolidated revenue for the quarter came in at Rs. 1485.43 crore, registering an increase of 19.6% YoY.

The bulls need to hold above the level of 10,175 to avoid fresh weakness from creeping in as failure to hold on to the 10,175 support would induce a fresh round of selling and this may take the index towards the level of 10,100, followed by 10,020. The daily RSI is currently hovering around 39-40 mark, and for the bulls, it is important for the RSI to cross above the level of 40. Stocks in news: PNB, Dr Reddy’s Laboratories, Kridhan Infra, Blue Star, IL&FS Transportation, Coal India and GMR Infrastructure. 

Indian markets may open flat to slightly higher on Wednesday mirroring the strength in the global markets as also reacting to the sharp fall in Brent crude prices which continued to fall more than 2 per cent below the $76 a barrel.

The company’s Q2FY19 net profit grew by almost 43 per cent to Rs. 305 crore over the corresponding quarter of last year, while its total income during the period surged to Rs 1676 crore, which represented a growth of 24 per cent YoY. 

The stocks that are most likely to witness significant movement on the bourses on October 31, 2018 are Welspun Enterprises, Tech Mahindra, TeamLease Services, Talwalkars and Navin Fluorine International.