It is very important for the investor to decide where and how much money should be invested in various asset classes like equity, debts etc. This process is called asset allocation which is very important part of designing an investment portfolio.

Ganesh Benzoplast reported remarkable numbers for the quarter. The company reported write-back of Rs. 51.2 crore in the quarter.

Mishra Dhatu Nigam (MIDHANI) reported its results for the quarter ended March 31, 2018. The company’s standalone revenue for the quarter came in at Rs. 310.88 crore, registering 9.7 per cent yoy increase. This moderate growth is due to delay in order receipt and major revamping/modification of 1500T forge press.   

The company has order book of Rs. 3,332.6 crore as on December 31, 2017 with book-to-bill ratio of around 2x.

The PAT for the quarter came in at Rs. 2.92 crore, yoy increase of 137.4 per cent.

In a bid to enhance its digital experience ecosystem, software major Infosys has acquired US-based creative agency Wongdoody.

Following stocks are close to their 52-week low as at 12.43 p.m. on May 30, 2018.

 The reported loss for the quarter came in at Rs. 16.12 crore vs net profit of Rs. 10.46 crore in the corresponding quarter last year.

The markets on May 30, 2018 opened gap down. BSE Sensex is trading at 34,819.39, down by 129.85 points and the Nifty is trading at 10,587.20, down by 46.10 points. 

The company reported net loss for the quarter at Rs. 4.77 crore vs net loss of Rs. 1.93 crore in the corresponding quarter last year.