On the other hand, upmoves, if any, will find overhead resistance around the levels of 11,290-11,330. Stocks in news: Reliance Industries, HDFC, Techno Electric and Engineering, Mphasis, JK Paper and DCB Bank.

Key Indian equity market indices are expected to open in green despite lack of clear trend in the Asian markets. The bullish trend in SGX Nifty, which was trading higher by 47 points, indicated that Nifty could open at 11,325. On the macro front, Nikkei Services PMI for July will be announced today. Among Nifty 50 companies, Titan will report its numbers today.  

The revenue from Mining products remains muted at Rs. 298 crore. Whereas, Power segment grew by 9.2 per cent yoy. However, its Manufactured products segment saw massive decline by 59.8 per cent in its revenue.

Visaka Industries reported strong growth over previous year and sequentially. Further, the V-panel unit in Jhajjar, Haryana, is running at 100 per cent capacity utilisation level

Himachal Future Communications Limited reported strong quarterly performance in Q1FY19. The company’s Turnkey & Contract segment reported strong traction in the revenue

Following stocks are close to their 52-week low as at 12.28 p.m. on August 2, 2018.

The markets on August 2, 2018 opened flat. BSE Sensex is trading at 37,355.94, down by 165.68 points and the Nifty is trading at 11,297.70, down by 48.50 points. 

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EBITDA for the quarter rose by 15.5 per cent yoy to Rs. 6.41 crore with a corresponding margin expansion of 29 bps. EBITDA margin for the quarter stood at 13.1 per cent.

The company has successfully registered four products for sale in the European Union region. Following the development, the stock of Indo Amines gained more than 6 per cent in early trade on Thursday.