The PAT for the quarter came in at Rs. 8.8 crore as against Rs. 13.76 crore in the corresponding quarter last year, yoy decline of 36 per cent. This mainly due to decline in other income. Also, jump in effective tax rate from 2 per cent to 43 per cent led to a decline in bottomline.

Rallis India Limited reported its results for the quarter ended September 30, 2018. The company reported revenue growth of 12 per cent YoY.

Ambuja Cement Limited reported its results for the quarter ended September 30, 2018. Ambuja Cement's consolidated revenue for the quarter came in at Rs. 6,097.53 crore, registering 11.8 per cent yoy increase.

Zensar Technologies consolidated revenue for the quarter came in at Rs. 968.71 crores, registering 7.09 per cent QoQ increase. This was primarily driven by growth in across the divisions.

Overall volumes in futures & options currently stand at 1.20 crore contracts with a turnover of Rs. 9,82,263.19 crore.

Overall volumes in futures & options currently stand at 1.20 crore contracts with a turnover of Rs. 9,82,263.19 crore.

Hi-Tech Gears announced creation of a wholly-owned subsidiary at Ontario, Canada, by the name of Neo-Tech Smart Solutions Inc today after market hours. The company bought it for cash consideration of 2.5 lakh Canadian dollars remitted against allotment of 2.5 lakh common shares of 1 Canadian dollar each.

A move beyond 10,220 would provide a relief rally up to the level of 10,280, followed by 10,340. The 14-period RSI on the daily time frame shows bullish divergence against the price. Stocks in news: Bharti Airtel, Laurus Labs, Salzer Electronics, Sun Pharma, Shalby and DCM Shriram.

Much to our delight, it seems that the Indian markets may witness a positive opening on Wednesday. As the saying goes, someone’s loss is always another’s gain and the sharp fall in crude oil prices is certainly a big positive for the Indian markets. Too much supply combined with demand concerns led to a sharp drop in crude oil prices on Tuesday. The SGX Nifty is trading up by 66 points and indicates that Nifty may open around the level of 10,238. Among Nifty 50 companies, Bajaj Auto, Bharti Infratel, Kotak Mahindra Bank and Wipro will declare their quarterly earnings today.  

Ahluwalia Contracts (India) Limited has announced that the company has been awarded Rs. 538.76 crore for a project in Lucknow. Shares of the company dipped below 3 per cent.