One of the leading public sector bank in southern India, Indian Overseas Bank (IOB) entered into an agreement for Information Utility Services with National E-Governance Services Limited (NeSL) on Monday.

Cholamandalam Investment and Finance Company reported stellar performance for FY18. The revenue for the quarter as well as for full-year witnessed robust growth.

Following the development, the stock surged by 4 per cent on the bourses in Monday’s trade. 

Liberty House Group was allowed to participate in the bidding process for stakes in Bhushan Power & Steel Limited by the National Company Law Tribunal (NCLT), on Monday.

The funds which invest solely into the money market securities are money market mutual funds. These investments are short-term and very liquid investments.

Pharma major Lupin surged by over 2 per cent on the bourses in intraday trade as the company received FDA approval for generic Xenazine Tablets on Monday.

Cement pipe manufacturer Indian Hume Pipe Company surged by over 9 per cent on the bourses in Monday’s trade on winning a work order worth Rs. 578.50 crore from the Madhya Pradesh Jal Nigam Maryadit Multi Village Rural Water Supply Scheme.

Following stocks are close to their 52-week low as at 12.55 p.m. on April 23, 2018.

The markets on April 23, 2018 opened gap down. BSE Sensex is trading at 34,558.11, up by 142.53 points and the Nifty is trading at 10,617.00, up by 52.95 points. 

With this facility, the company's total installed capacity for maize grinding has reached to 3,000 MT per day, which is the highest capacity in the country.