Raymond Limited’s subsidiary, Ring Plus Aqua (RPAL) announced the opening of its third manufacturing facility at Sinnar. Along with the two plants established earlier, this plant will produce starter ring gears, transmission flex-plates and integral shaft water pump bearings.

The Board of Directors of Alkem Laboratories recommended a final dividend of Rs. 8 per equity share for the financial year ended March, 2019. Reacting to this announcement, the stock of Alkem Laboratories was up more than 3 per cent on Thursday.

The Board of Repco Home Finance has recommended a dividend of Rs. 2.50 per equity share to the shareholders of the company for the financial year 2018-2019.

DCM Limited plans to raise capital of Rs. 50 crore by issuing equity shares to the shareholders of the company on a rights basis (Rights Issue).

Apar Industries showcased a positive financial performance for the quarter ended March 2019. The board recommended dividend of Rs. 9.50 per share.

The market experienced volatility during the early hours of trade on Friday, during the morning half market saw choppy trading, but as the day progressed the market breath was in favour of advances. ICICI Bank contributed most to the index gains, followed by L&T, HDFC Bank and SBI.

The company reported net Profit of Rs. 79.99 crore in Q4FY19 as against Rs. 12.27 crore in Q4FY18, registering a growth of 551.92 per cent. Reacting to the results, the stock of Allcargo Logistics was buzzing on Friday.

Redington (India) Limited showcased PAT growth of 20 per cent and recommended dividend of Rs. 3.30 per share for the March quarter. This constitutes 165 per cent on the face value of Rs. 2 per share.

SeQuent Scientific Limited (SSL) reported a healthy financial performance in the quarter ended March 2019.

Markets soar in anticipation of a Narendra Modi led government in the center. The BSE Sensex scaled 40,054.42, up by 944.21 point or 2.41 per cent, while Nifty50 was at 12,031.95, up by 294.05 points or 2.51 per cent.