Markets

SBI Mutual Fund Launches Major Buyback of Urban Company Shares: Stake Jumps Amid Pre-IPO Accumulation Strategic Investment Move by SBI MF in Urban Company State Bank of India Mutual Fund (SBI MF) is poised to execute a significant block deal, acquiring shares in urban Company. This substantial move underscores the confidence of major financial institutions in the company's future trajectory.The transaction involves SBI MF purchasing 3.15 crore shares, representing a 2 percent stake in Urban Company. This purchase is valued at Rs 428 crore. Sources close to the deal confirmed that early investors such as Accel and Vy Capital (Dharana Capital) are likely the sellers in this structured sale.Deepening Stake in Urban Company by SBI MF...

Shah Metacorp Reports Quarterly Results, Approves Cost Auditor and Details Strategic Investments Shah Metacorp Limited announced the approval of its Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026, as approved by its Board of Directors. The company also ratified the appointment of a Cost Auditor and provided updates on its capital structure and associate investments.The board meeting held on August 12, 2026, among other agenda items, approved the financial outcomes for the quarter, which were reviewed by M/s Ashok Dhariwal & Co., Statutory Auditors. Concurrently, the Board approved the appointment of M/s R J & Associates as the Cost Auditor for the financial year 2026-2027, following a...

Voler Car Limited Announces Q1 FY27 Results with 15% Year-on-Year Growth in Total Income Mumbai, India – August 12, 2026 – Voler Car Limited, a leading provider of corporate mobility and employee transportation services in India, announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a strong start to FY27, driven by expanding client portfolios, increasing demand for organized mobility solutions, and a continued commitment to technology-driven service excellence.The Q1 performance showcased solid growth across key operational metrics while maintaining its asset-light business model focused on vendor-managed fleet operations.Financial Performance Highlights (Q1 FY27) Voler Car Limited...

Signet Industries Limited Achieves Strongest Quarterly Performance with 42% YoY EBITDA Growth in Q1 FY27 Pithampur, 12 August 2026 -Signet Industries reported its strongest quarterly performance ever in Q1 FY27. The company’s robust results were driven by strong execution, continued demand momentum, and improved traction across key business segments. These results reflect the Company's strategy to strengthen its product portfolio, expand into new markets and geographies, and focus resources on sustainable and profitable businesses.The consolidated financial highlights for Q1 FY27 demonstrate significant growth across core metrics.MetricConsolidated Financial Highlight (Q1 FY27)Year-over-Year GrowthTotal Income₹ 306.76 Cr18%...

Shree Ram Twistex Approves Q2 Financial Results; Details Deviation in IPO Fund Utilization Shree Ram Twistex Limited, a manufacturer of cotton yarn, announced the consideration and approval of its unaudited financial results for the quarter ended June 30, 2026, following a Board meeting held on August 12, 2026. The company also provided detailed information regarding deviations in the utilization of proceeds from its public issue (IPO).The board meeting commenced at 2:00 P.M. and concluded at 3:45 P.M., during which directors reviewed and approved the unaudited financial results for the specified quarter, along with a draft monitoring agency report.Q2 FY2026 Financial Highlights The company’s financials provide specific data points...

Molbio Diagnostics IPO Set for Stellar Listing After Record Demand; GMP Hits 20% Premium Molbio Diagnostics is poised for a potentially significant listing after the successful conclusion of its highly subscribed Initial Public Offering (IPO). The company's Rs 940-crore offering, which ran from August 10 to August 12, saw overwhelming demand across all investor categories. This strong market reception positions Molbio for an anticipated high-value debut on the exchanges.IPO Subscription Highlights and Demand Analysis The IPO garnered immense interest, achieving a total subscription of 70.26 times by the closing date on the National Stock Exchange (NSE). Qualified Institutional Buyers (QIBs) spearheaded the demand, subscribing their...

Norben Tea & Exports Limited Announces Unaudited Financial Results for First Quarter of Fiscal Year 2026 Norben Tea & Exports Limited has released the unaudited standalone financial results for its first quarter and three months ended June 30, 2026. The company's Board of Directors took these results on record during a meeting held on August 12, 2026.The interim results were reviewed by the Audit Committee in a meeting also held on August 12, 2026.AOMITTAL & ASSOCIATES LLP, the company's independent auditors, conducted a review of these statements, which were prepared in accordance with Indian Accounting Standard 34 (Interim Financial Reporting). The auditor confirmed that nothing came to their attention suggesting that the...

Delta Manufacturing Limited Announces Qended June 30, 2026 Results and Board Approvals Delta Manufacturing Limited announced its un-audited financial results for the quarter ended June 30, 2026, alongside several key governance decisions made by the Board of Directors. The company's board adopted the standalone and consolidated financial statements, approved a remuneration revision for its Managing Director, and reviewed the continued directorship of an Independent Director.The Company also decided to hold its Annual General Meeting on September 30, 2026, via Video Conferencing (VC)/Other Audio-Visual Means (OAVM).Qended June 30, 2026 Financial Performance The un-audited financial results for the quarter ended June 30, 2026, showed...

Companies Announce Quarterly Financial Results Including CMR Green Technologies Limited and Panache Digilife Limited Several companies have disclosed their un-audited financial results for the quarter ended June 30, 2026, including detailed performance metrics, as announced by CMR Green Technologies Limited, Panache Digilife Limited, and Ballarpur Industries Limited.CMR Green Technologies Limited published its consolidated and standalone un-audited financial results for the first quarter ended June 30, 2026, in the Financial Express (English) and Jansatta (Hindi) newspapers. The details of the results were also made available on the company's website.The company also released an extract of its Unaudited and Audited Standalone and...

Shree Pushkar Chemicals Reports 10% YoY Growth in Revenue for Q1 FY27; EBITDA Rises 9.7% Shree Pushkar Chemicals & Fertilisers Limited, a key player in the Dyes and Dye Intermediates sector, announced its unaudited consolidated financial results for the first quarter of Fiscal Year 2027 (Q1 FY27) ending June 30, 2026. The company reported Revenue from Operations of Rs. 280.1 Crores, marking a growth of 10.0% year-on-year (YoY).The consolidated results showed improvements in profitability metrics, with EBITDA reaching Rs. 31.9 Crores, up 9.7% YoY, and Profit After Tax (PAT) recording Rs. 22.9 Crores, which is a 9.4% increase over the same period last year.Consolidated Financial Performance Highlights The financial performance across...

Shriram Properties Reports Q1 FY27 Results; Operational Momentum Strong with Key Project Launches in Chennai and Kolkata Shriram Properties Limited has announced its financial results for the quarter ending June 30, 2026 (Q1FY27), showcasing a steady start to the fiscal year marked by strong operational execution and key project introductions.The Company reported robust operational performance during Q1FY27, supported by successful new launches in major markets. SPL successfully introduced 'Forest View,' Kolkata's first Branded Land, which generated encouraging customer interest. In Chennai, SPL entered the premium residential segment with its 'King Life' project launch in Koyambedu. Both projects garnered healthy sales within the...

Euro India Fresh Foods Limited Announces Unaudited Financial Results for Quarter Ending June 30, 2026 Euro India Fresh Foods Limited has released its unaudited standalone financial results along with a Limited Review Report for the quarter ended June 30, 2026. The Board of Directors considered and approved these results in its meeting held on Wednesday, August 12, 2026.The Company, which manufactures Potato Chips, Extruded Products, Namkeen, Juices & Packaged Drinking Water, provided the financial statements subject to limited review by chartered accountants.Quarterly Financial Highlights (in Lakhs) The results reflect a review conducted in accordance with SRE 2410 of the Institute of Chartered Accountants of India. Key financial...

MTNL Reports Quarterly Loss for FY 2026 Amid Operational Challenges and High Debt Exposure Mahanagar Telephone Nigam Limited (MTNL) reported a substantial net loss in its first quarter of fiscal year 2026, reflecting continuous financial stress across both standalone and consolidated operations. The company's results highlight significant operational challenges despite the ongoing relationship with BSNL concerning services in key metropolitan areas.Financial Performance Overview The results for the quarter ending June 30, 2026, show MTNL recording a loss of ₹841.07 crore from continuing operations on a standalone basis. On a consolidated level, the company reported a net loss of ₹842.36 crore.Total revenue stood at ₹200.08 crore for...

The Indian Hotels Company Receives Additional Property Tax Penalty Notice from BMC for Taj Lands End The Indian Hotels Company Limited, a TATA Enterprise, has received an additional claim regarding outstanding property taxes related to its property in Mumbai, Taj Lands End. The notice comes from the Brihanmumbai Municipal Corporation (BMC) and was received on August 12, 2026.The management stated that the bills are being disputed by the company, noting that there have been no violations committed concerning the alleged contraventions. This notice pertains to the property tax bill for the year 2026-2027.The total penalty amount has increased following the receipt of the additional claim. The original disclosure regarding this matter...

KRN Heat Exchanger and Refrigeration Limited Approves Quarter Results; Appoints Cost and Internal Auditors KRN Heat Exchanger and Refrigeration Limited has announced the approval of its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The company also formalized key management appointments, appointing a new Cost Auditor and an Internal Auditor for the financial year 2026-27.The Board of Directors approved the quarterly performance metrics, alongside a Limited Review Report issued by the Statutory Auditors. KRN, which specializes in manufacturing fin and tube type heat exchangers for the Heat Ventilation Air Conditioning and Refrigeration (HVAC&R) industry, showcased segmented revenue streams...

Relaxo Footwears Limited: Share Transfer and Dematerialization Request Status Reported by Registrar Relaxo Footwears Limited received a status report from its Registrar and Share Transfer Agent, KFin Technologies Limited, detailing the activity regarding requests for the transfer and dematerialization of physical securities during the period spanning June 01 to July 31, 2026.The report confirmed operational statistics related to share movement, as recorded by KFin Technologies Limited on August 12, 2026. The metrics cover all requests received from shareholders under the designated process.As per the data provided by the Corporate Registry of KFin Technologies Limited for the specified two-month period, no activity was registered in...

Ircon International Limited reports financial results for Q1FY27, showing varied performance across consolidated and standalone metrics New Delhi: Ircon International Limited, a Navratna public sector enterprise and a leading turnkey construction company within the public sector and under the Ministry of Railways, announced its financial results for the first quarter ended June 30, 2026. The company provided details on its consolidated and standalone performance, along with an update on its order book.Consolidated Financial Highlights: Q1FY27 The consolidated results for Q1FY27 showed various trends when compared to previous periods. Total income reached Rs. 2042.7 crore in Q1FY27, down from Rs. 3291.2 crore recorded in the fourth...

Pennar Industries Reports Q1FY27 Results; Total Income Reaches INR 884.55 Crore, PBT Up 16.04% Hyderabad, August 12, 2026: Pennar Industries Limited (PIL), a leading value-added engineering products and solutions company, announced its consolidated financial results for the first quarter of FY27, which ended on June 30, 2026.The company reported robust performance across various metrics in Q1FY27. Total Income stood at INR 884.55 Crore, up by 3.58% compared to INR 854.00 Crore in Q1 FY26. EBITDA reached INR 106.79 Crore, an increase of 13.26% from the INR 94.29 Crore recorded in Q1 FY26. Profit Before Tax (PBT) was reported at INR 46.80 Crore, marking a rise of 16.04% over the core figure of INR 40.33 Crore in Q1 FY26. Net Profit...

Dhunseri Tea & Industries Releases Unaudited Financial Results for Quarter Ended June 30, 2026 Dhunseri Tea & Industries Limited has released its Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The results provide insight into the financial performance of the company during the period, which falls within the seasonal nature of tea cultivation.Key Financial Highlights (Standalone Results) The standalone results show key figures from operations, expenses, and profitability metrics across different periods. Revenue from operations stood at 5174.47 lakhs for the quarter ended June 30, 2026.Below is a summary of the key financial data presented in the Standalone Financial Results (All amounts...

SEBI Slams Paytm Leadership: CEO Sharma and CFO Deora Receive Show Cause Notice Over Loan Disclosure Timing Digital payments giant Paytm is facing regulatory heat after its top management received a show cause notice from India's securities market regulator, SEBI. The scrutiny targets the timing of the company’s disclosure concerning the limitations placed on small personal loans following stricter guidelines issued by the central bank.Paytm CEO Vijay Shekhar Sharma and CFO Madhur Deora are the key personnel who have been served the directive. They now have a strict 14-day window to submit their response in relation to the notice.Regulatory Scrutiny Over Loan Disclosure Timing The regulatory inquiry focuses on the company’s...