Tata Elxsi Limited reported results for the quarter ended June 30, 2019 on Wednesday during market hours. The company's standalone revenue for Q1FY20 came in at Rs. 361.71 crore as against Rs. 382.03 crore in the corresponding quarter last year, registering 5.3 per cent yoy decline.

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NTT Com - Netmagic which is a leading managed hosting and multi-cloud hybrid IT solution provider in India has entered into a partnership with Tata Power to build its first 50 MW Solar Photovoltaic (PV) power plant in Solapur, Maharashtra.

Cox & King informed the bourses that it has defaulted on unsecured commercial paper due on July 15. The gross amount on which default occurred is around Rs. 45 crore.

The defence PSU's order book in FY19 and Q1FY20 is hinting very positive sentiments for the next few quarters. Hyderabad-based public sector enterprise, Bharat Dynamics can be expected to see in hand order size of around Rs. 25,000 crore till FY23.

Larsen & Toubro Infotech (LTI) has entered a definitive agreement to acquire Lymbyc Solutions, a specialist Artificial Intelligence (AI) and machine learning company headquartered in Bangalore.

The index needs to move above the Tuesday session high of 11,670 to maintain the bullish momentum and it may extend its current upmove towards the levels of 11,725-11,735. On the downside, the level of 11,635 would act as an immediate support level for the index. Stocks in news: Tata Power, BHEL, KNR Construction, Sadbhav Infrastructure Project, TCS, NTPC, Vikas WSP.

At the time of writing, the SGX Nifty was trading down by 13 points at the 11,633 level. Results to watch out for include Mindtree, Wipro, Tata Elxsi and Yes Bank.

The stocks that would be in focus during Wednesday’s trading session in light of their results announcement include Aditya Birla Money, Mindtree, Tata Elxsi, Wipro and Yes Bank.

KNR Construction has secured a work order worth Rs. 847.34 crore from Navayuga Engineering Company Limited, Hyderabad on back to back basis for the balance work of Palamuru Rangareddy Lift Irrigation Scheme.