Dilip Buildcon Limited has won a new hybrid annuity model (HAM) project from National Highways Authority of India (NHAI) in the state of Telangana. The project cost is worth Rs 1,140.50 crore.

Besides, to further expand in the Eastern region, the company had acquired Jaipur Cements in May 2019 to set up a grinding unit with 1.5 MTPA capacities at a cost of Rs 308 crore.

The growth in the non-food bank credit remained subdued in the month of June 2020. Read on to find out more.

The company’s order book as on March 31, 2020, stood at over Rs 20,503 crore. Its order book mix comprises of T&D-54 per cent, Railways-29 per cent, Civil-13 per cent, Cables-2 per cent and others- 1 per cent.

The company is going to market this product under the brand name ‘Jubi-R’ in India. The company will make the drug available to over 1,000 hospitals providing COVID-19 treatment in India through its distribution network.

Yesterday’s session proved to be Black Monday for the Indian markets as both Sensex and Nifty glided below their important psychological level of 37,000 and 11,000, respectively. However, the bulls on D-Street would attempt for revival on Tuesday, aided by the joyful mood amongst the global peers.

If Nifty manages to close below the 200-DMA, the next level of meaningful support would be placed at 10,550. Interestingly, the 61.8 per cent retracement of the current upswing is also at 10,860. Stocks in news: Jubilant Life Sciences, Alembic Pharmaceuticals, Infosys.

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Considering the daily timeframe, the stock of Tata Motors Limited has given a downward sloping trendline breakout along with robust volume. The stock has also managed to close above the upper Bollinger band and started the band walk, which is a very bullish sign.

The month of August has begun with strong bearish sentiments prevalent in the domestic markets as Sensex slumped by 667.29 points or 1.77 per cent to close at 36,939.60 while Nifty tanked by 173.60 points or 1.57 per cent to settle at 10,899.85.