The company’s consolidated revenue for the quarter came in at Rs. 4,031 crore, registering 12.3 per cent yoy increase.

The share price of PC Jeweller soared about 20 per cent in early morning trade on Friday after the board of the company approved share buyback program. 

In the coming session, the level of 10,750, followed by 10,785, will act as immediate resistances for the Nifty. Stocks in the news: Sharon Bio-Medicine, Pennar Industries, Fortis Healthcare, PC Jeweller, Reliance Industries and Shree Pushkar Chemicals and Fertilisers.

Indian equity markets are poised to open the session on a firm note following rally in the global indices. The SGX Nifty indicates Nifty may open with gains of 62 points at 10,794.  

The stock exchange has planned to provide latest information about the promoters’ pledged holdings every month within five working days of the subsequent month.

The stocks that are likely to record a significant movement on the bourses on Friday, May 11 are Max Speciality Films Limited, Karnataka Bank, Zensar Limited, Pennar Engineered Building Systems Limited and Saregama India Limited.    

The share price of Asian Oilfield Services plunged by 20 per cent to its 52-week low of Rs 134 on the BSE on Thursday, after the company announced that its unit Asian Oilfield and Energy Services DMCC received a termination notice from Koral Energy International.  

KRBL reported negative growth in the top and bottom-line for Q4FY18. However, the company improved its operational performance for the quarter.

Balanced funds, one of the most sought-after funds in 2017 is losing its charm. Read on to find the reasons for such fall from grace.