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.

Following stocks are close to their 52-week low as at 12.54 p.m. on February 7.

Banking major Yes Bank rolled out the largest debut international bond issuance by an Indian bank on Wednesday to raise funds worth US$ 600 million under its US$ 1 billion MTN program. 

The markets on February 7 opened up. BSE Sensex is trading at 34,246.07, up by 50.13 points and the Nifty is trading at 10,521.60, up by 23.35 points. 

As Indian markets witnessed their worst fall in the recent times on Tuesday, now what is puzzling the investors most is whether they should buy on dips or sell on rallies?

Lending major Canara Bank surged by over 3 per cent to Rs. 328 per share on the bourses on Wednesday, as the bank approved its plans to raise funds worth Rs. 4,865 crore through preferential issue to the Government of India (GoI).

After evaluating the consequences of parent company Videocon's insolvency proceedings, Dish TV India has decided to proceed with the merger with Videocon D2H. The stock was trading among the top gainer in the morning session.

The banking and financial sector has remained the favourite sector of fund managers. On analysis of data of mutual fund holdings at the end of December 2017, banking and financial sector stocks such as ICICI Bank and HDFC Bank were bought most in the last month of the 2017.