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Explosives manufacturer Solar Industries posted a hike of 10.48 per cent in its revenue to Rs. 465.68 crore on a yearly basis for the third quarter of the fiscal year 2018. Following the development, the stock price of company surged by nearly 2 per cent in intraday trade on Thursday.

Prestige Estates Project Limited (PEPL) has entered into strategic partnership with HDFC Capital Advisors for furthering its business in housing sector, the company announced.

Monte Carlo Fashions Limited reported robust quarterly performance for Q3FY18. The revenues for the quarter saw strong growth with robust margin expansion.

The company's standalone revenue for the quarter came in at Rs 128.62 crore, registering an increase of 40.4% YoY. Its  EBITDA for the quarter rose by 144.6% YoY to Rs 11.84 crore with a corresponding margin expansion of 392 bps.

The PAT for the quarter came in at Rs 99.5 crore, an increase of 44.83 per cent QoQ. This was mainly due to tax credit in the quarter as against tax expense of Rs 14.9 crore in the previous quarter.