The company had transferred of seven of its BOT projects to IRB InvIT, which is IRB's infrastructure investment trust.

The PAT for the quarter came in at Rs. 520.5 crore, yoy increase of 24.5 per cent. This was due to increase in profit from joint venture of Rs. 61.92 crore in the quarter from Rs. 18.71 crore in corresponding quarter of last year.

The company's consolidated revenue for the quarter came in at Rs. 132.26 crore, registering 28.3 per cent yoy increase. EBITDA for the quarter rose by 61.9 per cent yoy to Rs. 14.75 crore with a corresponding margin expansion of 232 bps. EBITDA margin for the quarter stood at 11.2 per cent.

The company's consolidated revenue for the quarter came in at Rs 448.51 crore, registering an increase of 5.6 per cent YoY. This was primarily driven by revenue growth of 4 per cent in express distribution & supply chain, 8.5 per cent in fuel sales and 36.5 per cent in other sales.

In 2017, small-cap stocks have performed well and many fund managers have increased the exposure of their fund to small-cap stocks. According to our data analysis for all the holdings at the end of December 2017, 16 per cent of total value of assets under 550 mutual fund schemes is assigned to small-cap stocks.

SpiceJet posted robust quarterly performance with strong revenue growth and healthy operational performance. The total revenue for the quarter rose by 29.1 per cent yoy and 15 per cent qoq to Rs. 2,068 crore in Q3FY18 as against Rs. 1,602 crore in previous year corresponding quarter. This was largely due to increase in capacity by 14 per cent.

The PAT for the quarter came in at Rs. 403.45 crore, yoy increase of 4.8 per cent. Decline in finance cost by 84.6 per cent was offset by jump in deprecation expenses by 102.7 per cent.

Ashok Leyland a part of Hinduja group is looking to invest around Rs. 100 crore in the electric vehicle (EV) technology over the next two-three years.