As of March 31, 2018 the company’s order backlog was at Rs. 32,532 crore, which translates to a book-to-bill of 3.9x (excluding recently bagged orders). This gives a strong revenue visibility for the next 3 to 4 years.

The contract is likely to be completed within 18 months. The company is currently having an order book of around Rs. 1,963.64 crore including the above-mentioned order.

Leading private lender Capital First acquires 7 per cent stake in micro-finance company Village Financial Services Limited. The stock experiences volatility on Tuesday.

The recategorization of mutual funds has created many new fund categories. Under the equity funds, the schemes following contra, value and focused strategy have been categorised differently.

Two-wheelers giant Hero MotoCorp gained over 2 per cent in the morning trade on Tuesday after company posted 13 per cent growth in its sales number in June. 

Overall volumes in futures & options currently stand at 61.63 lakh contracts with a turnover of Rs. 5,63,024.34 crore.

Overall volumes in futures & options currently stand at 61.63 lakh contracts with a turnover of Rs. 5,63,024.34 crore.

The level of 10,600 is a key support level to watch out for, as the violation of the key support level of 10,600 will signal further loss of momentum and the current corrective phase could extend up to the level of 10,529, where the 100-DMA is placed. Stocks in news: NCC, Parag Milk Foods, Aurobindo Pharma, Tata Power, Strides Shashun, Nestle India, NIIT Technologies and Greenply Industries.

Indian stock markets are expected to open on a cautious note as cues from Asian peers are not encouraging. Nifty 50 index futures on the Singapore stock exchange is currently trading marginally up by 11 points at 10,661.  

Bharat Hotels has submitted papers to Securities and Exchange Board of India for its Initial Public Offering of equity share of Rs.1200 crore.