The MoU has also set a target of 2.1 million tons of production of Alumina with 100 per cent capacity utilisation and an optimum Aluminium production target of 4.15 lakh tonnes.

N R Agarwal Industries' standalone revenue for the quarter came in at Rs. 345.44 crore, registering 15.1 per cent yoy increase.

The company’s order book as on March 31, 2018 stood at Rs. 17,298 crores, up by 37 per cent yoy. Also, total order intake for FY18 stood at Rs. 15,098 crore, growth of 22 per cent yoy.

International barometer that measures the performance of Indian stocks, the MSCI India Index has reshuffled the stocks it tracks post its periodic review. The new additions include Avenue Supermarts, and Interglobe Aviation, while deletions include IDFC Bank and Vakrangee.

Overall volumes in futures & options currently stand at 46.36 lakh contracts with a turnover of Rs. 4,04,390.21 crore.

Overall volumes in futures & options currently stand at 46.36 lakh contracts with a turnover of Rs. 4,04,390.21 crore.

Going ahead, the level of 10,840 will act as an immediate resistance, followed by 10,910. On the way down, the level of 10,770 would be seen as an immediate support, followed by 10,690. Stocks in news: Vedanta, JK Paper, Kaveri Seed, National Aluminium, Reliance Infrastructure, Shalimar Paints and Adlabs Entertainment.

Indian benchmark indices are expected to open with modest losses as the cues from the Asian peers are mostly soft. In a very important and significant cabinet reshuffle, Smriti Irani was moved out of the I&B ministry and Rajyavardhan Rathore will take charge of the I&B ministry, while Piyush Goyal will take additional charge of the Ministry of Finance till Arun Jaitley recovers from his illness. Market participants will wait for the outcome of Karnataka assembly elections as it will dictate the movement of the market. 

Dr Lal Pathlabs reported stable numbers for the Q4FY18 with strong revenue numbers and strong bottomline growth

The PAT for the quarter came in at Rs. 51.76 crore, an increase of 36 per cent YoY. This was due to a one-time gain of Rs 5.27 crore during the quarter.