The shares of Power Grid Corporation of India Ltd. (PGCIL) were up 1.1 per cent in Friday’s trading session at Rs. 207.55. This marks a gain for the third consecutive session.

India’s second largest IT exporter, Infosys reported its first quarter result of FY20. The companyès revenue for Q1FY20 grew nearly 14 per cent YoY to Rs. 21,803 crore.

The stock of Triveni Engineering was buzzing on Friday as the company issued the Letter of Offer for its buyback scheme. The offer represents 3.88 per cent of the company’s total paid up equity share capital as at March 31, 2019.

Reliance Infrastructure Limited and Reliance Power Limited are now in a position to take a breather from their debt issues as their lenders have granted them additional time to resolve their debt-related concerns.

ITC is actively seeking opportunities with companies emerging as start-ups with the intention of capitalising on their innovative capabilities. As such, the company is determined to acquire companies operating in the FMCG space to bolster growth. It is also making investments in start-ups with the intention of developing new cutting edge products.

Leading two and three-wheelers manufacturer TVS Motors has launched the country's first ethanol-fueled motorcycle, TVS Apache RTR 200 Fi E100. Ethanol is a non-toxic, biodegradable fuel that reduces harmful emissions.

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Following stocks are close to their 52-weeks low as at 1:01 p.m. on July 12, 2019.

The markets on July 12, 2019 opened gap down. BSE Sensex is trading at 38,835.49, up by 12.38 points and the Nifty is trading at 11,586.60, up by 3.70 points. 

The first company to react to the 20 per cent buyback tax introduced in the Union Budget is KPR Mills. KPR Mill on Thursday informed the bourses that it would withdraw its buyback scheme owing an increase in the amount of Buyback obligation due to the tax proposed in the Finance Bill 2019.