DSIJ Mindshare

Bull run that continued for the last four trading session could take a break as Indian markets are likely to open on a flat to negative note. This was indicated by the early trend on the SGX Nifty.

Continuing gains for the fourth consecutive trading session, domestic benchmark indices closed with Sensex at 36,487.28 that is 456.86 points or 1.29 per cent higher than its previous close while Nifty rose by 156.30 points or 1.47 per cent to close at 10,763.65.

The board of directors of eClerx Services Ltd at its meeting held on July 6, 2020, approved the buyback of the company's equity shares for an aggregate amount not exceeding Rs 109.5 crore

Power Mech Projects’ order book as of December 31, 2019 stood at Rs 5,777 crore, which translates into order book to sales ratio of 2.55x that provides medium to long-term revenue visibility.

The order is worth over US$ 1 million, which is to be executed in the month of August from its Chennai plant. This is the largest order from a single customer for the month.