Ashok Leyland announced yet another tender win for Defence Tracked Combat Vehicle. This tender is for developmental work and marks Ashok Leyland's foray into tracked vehicle business after bagging many other defence deals.

The US drug regulator has issued Establishment Inspection Report to Dr. Reddy's Laboratories' active pharmaceutical ingredient (API) plant in Srikakulam (SEZ), Andhra Pradesh.

On the last trading session of the week, the levels of 11,621 and 11,645 are likely to act as immediate resistances for the Nifty, while supports are seen around levels of 11,530 followed by 11,480. Stocks in news: Britannia Industries, Aban Offshore, SREI Infrastructure Finance and TVS Motor.

The local markets are likely to see a cautious opening on the back of mostly dull cues from the global arena. The SGX Nifty suggests that Nifty could open lower by 32 points around the level of 11,572. .  
  

The stocks that are likely to witness significant movement on the bourses on August 24 are Celestial Biolabs, Britannia Industries, Power Mech Projects, Tamil Nadu Petroproducts and Reliance Industries.

Many investors while investing in the stock markets use various parameters before selecting a stock for the investment. Among all these parameters, the valuation is one of the key aspects for investors. In the case of mutual funds also investors should look into all the valuations keenly to understand the current situation of the mutual fund.

The microfinance company listed at Rs. 385 per share, a discount of 8.7 per cent from the issue price of Rs. 422 on BSE Exchange, on Thursday.

TVS Motor Company added yet another motorcycle to its list of commuter vehicles, TVS Radeon. The stock price was up by over 1 per cent intraday

Pennar Industries climbed close to 8 per cent in intraday trade on Thursday after the company and its subsidiary received orders worth Rs. 514 crore across various verticals.

Following stocks are close to their 52-week low as at 2.52 p.m. on August 23, 2018.