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Mishra Dhatu Nigam (MIDHANI) reported its results for the quarter ended March 31, 2018. The company’s standalone revenue for the quarter came in at Rs. 310.88 crore, registering 9.7 per cent yoy increase. This moderate growth is due to delay in order receipt and major revamping/modification of 1500T forge press.   

The company has order book of Rs. 3,332.6 crore as on December 31, 2017 with book-to-bill ratio of around 2x.

The PAT for the quarter came in at Rs. 2.92 crore, yoy increase of 137.4 per cent.

In a bid to enhance its digital experience ecosystem, software major Infosys has acquired US-based creative agency Wongdoody.

Following stocks are close to their 52-week low as at 12.43 p.m. on May 30, 2018.