Standing true to his rhetoric, US President Trump reimposed sanctions on Iran which were lifted-off by his predecessor President Obama. Trump has warned the global community that anyone doing business with Iran will not be doing business with the US.

Motherson Sumi reported stable numbers for the quarter with steady revenue growth and robust bottomline growth for the quarter.

Sales volume were up by 18 per cent as compared to Q1FY18. Bangalore region contributes 64 per cent of the total volume. Other locations volume increased by 56 per cent as compared to Q1FY18.

Hawkins Cookers Limited reported its results for the quarter ended June 30, 2018 during market hours on Monday. The company's standalone revenue for the quarter came in at Rs. 120.74 crore as against Rs. 84.78 crore in the corresponding quarter last year, registering 42.4 per cent YoY increase.

Following stocks are close to their 52-week low as at 2.38 p.m. on August 7, 2018.

The markets on August 7, 2018 opened flat. BSE Sensex is trading at 37,743.69, up by 51.80 points and the Nifty is trading at 11,403.15, up by 16.05 points. 

Infrastructure player, Dilip Buildcon has been declared as L-1 bidder in the tender called by the PSPCL for selection of Mine Developers and Operators (MDO) for the Pachhwara Central Coal Mine in Rajmahal Coalfield.

The construction arm of Larsen and Toubro has won orders across its business segments viz Power Transmission & Distribution business and Smart World and Communication Business.

Ujjivan Financial Services reported net interest income of Rs. 222.4 crore in Q1FY19, an increase of 60.9 per cent over Q1FY18. The financial institution's total income was Rs. 461.7 crore in Q1FY19, an increase of 28.7 per cent over Q1FY18. While the net interest margin stood at 11.6 per cent in Q1FY19, an increase from 9.2 per cent in Q1FY18.

Kridhan Infra soared over 5 per cent in intraday trade on Tuesday after its associate company Vijay Nirman Company (VNC) was awarded a new project amounting to Rs 132.6 crore.