Rain Carbon, a subsidiary of Rain Industries has stated that they will commence the construction of new resin polymerization and hydrogenation plant by the end of this month at Castrop-Rauxel, Gemany.

India's largest interior infrastructure company Greenply has gone up 5 per cent on July 3, after the company began commercial production at the Andhra unit.

NBFC Manappuram Finance has announced entering into an agreement to acquire 85.39 per cent stake in Indian School Finance (ISFC) for about Rs. 212.20 crore.

Following stocks are close to their 52-week low as at 12.34 p.m. on July 3, 2018.

The markets on July 3, 2018 opened up. BSE Sensex is trading at 35,383.12, up by 118.71 points and the Nifty is trading at 10,695.30, up by 38.00 points. 

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.