RCF reported strong quarterly results for the quarter, but with flat margin for the quarter.

The company has also announced capacity expansion of its distillery business by 160 KLPD from its current capacity of 360 KLPD by investing Rs. 207 crore. The existing capacity utilisation of the distillery business stood at 80-85 per cent.

Minda Industries reported strong results for the quarter with closed to double digit growth in its bottom-line

Its EBITDA for the quarter rose by 59.2 per cent YoY to Rs 217.6 crore as against Rs 136.70 crore in the corresponding quarter last year with a corresponding margin expansion of 970 bps. The EBITDA margin for the quarter stood at 40.4 per cent.

The company’s consolidated revenue for the quarter came in at Rs. 75.46 crore as against Rs. 63.74 crore in the corresponding quarter last year, registering 18.4 per cent yoy increase.

Equity funds continued to increase their presence in the domestic MF asset under management. This is despite a declining trend in the net inflows to the equity funds.

TVS Motors posted steady results for the quarter with strong revenue growth and EBITDA margin expansion.

State-owned aerospace and defence company, BEL will supply and services seven Long-range Surface-to-air Missile systems for MDL and GRSE.

The increase in revenue from Basic chemicals by 25 per cent offset by decline in revenue from Pigments and Agrochemicals by 4.6 per cent and 7.1 per cent, respectively.

The IPO of Creditaccess Gramin Limited opens for subscription from August 8 to August 10, 2018. This IPO consists of fresh equity issue worth Rs. 630 crore (1,49,28,910 shares) and offer for sale (OFS) of 1,18,76,485 shares by existing stakeholders. Post issue, promoter and promoter group’s holding will reduce to 80.3% and non-promoter shareholding will increase to 19.7% from 1.1%. The face value is Rs 10 per equity share. The minimum lot size is of 35 shares and the issue price band is Rs. 418-422 per equity share. Post allotment, the company will get listed on both BSE and NSE.