The company received Establishment Inspection Report (EIR) for its manufacturing facility located at Amaliya, Daman. The stock spurted up by more than 8 per cent following this development.

Reliance Capital’s subsidiary, Nippon Life Insurance announced its financial performance for Q1FY19 on Tuesday where it posted persistency and premium growth. The stock of Reliance Capital surged nearly 4 per cent, registering its third consecutive uptick after consolidating for a while at its 52-week low level.

The second largest car and truck maker by market capitalisation, Mahindra & Mahindra has unveiled Furio, a new range of intermediate commercial vehicles. The stock of M&M on Tuesday opened with a gap up at 915 levels and surged to as much as 924, its new high, registering 1.8 per cent increase from previous gains.

For Q1FY19, reported EBITDA increased 22 per cent yoy to Rs. 192 crore with the corresponding margin expansion of 72 bps. EBITDA margin for the Q1FY19 stood at 9.6 per cent during the period. 

Genesys has developed a Autonomous Driving project for a community in North America. HD maps will enable the residents to have access to self-driving taxis at their doorstep. Following the development, the stock price gained over 4 per cent on Tuesday.

Following stocks are close to their 52-week low as at 12.45 p.m. on July 24, 2018.

The markets on July 24, 2018 opened gap up. BSE Sensex is trading at 36,758.19, up by 39.59 points and the Nifty is trading at 11,109.70, up by 24.95 points. 

The positive results of bellwether cement maker ACC spiked up the sentiments of the entire cement industry. Major cement stocks gained significantly on Tuesday. 

HDFC Asset Management Company (HDFC AMC) Limited is coming out with Offer for sale (OFS) of 2.5 crore shares having face value of Rs. 5 each. The offer will open from June 25, 2018 and will close on July 27, 2018. The price band for the OFS issue is Rs. 1,095 to Rs. 1,100 and the minimum lot size is 13 shares, which implies a minimum investment in the range of Rs. 14,235 to Rs. 14,300.

Linde India soared over 6.5 per cent in the morning trade on Tuesday as the company reported a profit in the first quarter of FY19.