Moraiya unit of Cadila Healthcare which is located in Ahmedabad has received Official Action Indicated (OAI) for the unit after inspection conducted by USFDA. After this development, the stock of the company fell by around 1.77 per cent on Wednesday.

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InterGlobe Aviation (IndiGo) has expanded its network in the northeastern region. The shares of the company were trading 2 per cent up around noon post the news.

ICICI Lombard has partnered with True Balance for providing financial inclusion for unbanked customers. Reacting to this, the stock of the company increased by Rs. 38.75 per share on Wednesday.

Following stocks are close to their 52-weeks low as at 2:28 p.m. on August 7, 2019.

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The company’s consolidated cement sales for July 2019 stood at 2,74,822 MT, up by 25.06 per cent compared to 2,19,748 MT sold in July 2019.

JSW Energy traded 3 per cent higher in the morning session on Wednesday post the company’s result announcement.

The markets on August 7, 2019 opened down. BSE Sensex is trading at 36,994.31, up by 17.46 points and the Nifty is trading at 10,942.20, down by 6.05 points. 

Rain Industries Limited’s subsidiary Rain Carbon Inc. has announced that its Board of Directors have approved the shutdown of its Uithoorn resins production facility in the Netherlands by the end of March 2020.