Markets

Ircon International Approves Quarterly Results and Re-appoints Cost Auditor for FY 2026-27 Ircon International Limited announced the outcomes of its Board of Directors meeting held on Wednesday, August 12, 2026. At the meeting, the company approved the Unaudited Financial Results for the quarter ended June 30, 2026 (both Standalone and Consolidated), and confirmed the re-appointment of M/s Bandyopadhyaya Bhaumik & Co., Cost Accountants, as the Cost Auditor for the Financial Year 2026-27.The Unaudited Financial Results were reviewed by the Audit Committee and approved by the Board of Directors. The company reported various performance indicators across its operations in Q ended June 30, 2026, with specific results available in the...

Lenskart Surges as Q1 Profits Skyrocket Amid Stellar Earnings Season Buildup Stock movements are heating up as investors digest a crucial set of June-quarter earnings results and corporate developments. The market is currently dominated by company-specific actions, driven by varied performance across sectors. While some companies report massive profit gains, others face pressure from major block deals or marginal declines in profitability.Lenskart Reports Massive Profit Surge Amid Revenue Growth Lenskart Solutions shares registered a strong gain of 4% following the release of its Q1 results. The company reported that its Q1 profit had surged by a massive 269.2% year-over-year (YoY).The profitability figures reached Rs 221.8 crore...

Kronox Lab Sciences Announces Book Closure and Record Dates for Final Dividend Consideration Kronox Lab Sciences Limited has announced the schedule for its book closure related to the payment of the final dividend for the financial year 2025-26. The registers of members and share transfer books of the company will be closed during this period, pending the approval of the dividend at the 17th Annual General Meeting (AGM).The record dates and book closure periods are specified across different trading platforms for the payment purpose. For equity shares traded on BSE (BSE-531067), the company has set specific deadlines to determine eligibility for the dividend distribution during the 17th AGM.Details regarding the booking period...

Gold Futures Surge by ₹1,400 Amid Soft US Inflation; What Investors Must Watch Gold and silver futures saw mixed trading on the MCX on Thursday. This followed a day where softer-than-expected U.S. consumer inflation eased pressure for immediate Federal Reserve rate hikes. Precious metal prices are now hinging on Producer Price Index (PPI) data expected later today to gain clarity on global inflation trends.Domestic Market Performance and Price Movements Gold futures for October 2026 delivery climbed by Rs 1,400 in two sessions, reaching Rs 1,55,145 per 10 grams. Meanwhile, MCX silver futures for September 2026 delivery dipped slightly, falling by Rs 535 to trade at Rs 2,37,300 per kg.Globally, international prices reflected strength...

VIP Industries Limited Releases Unaudited Financial Results for Quarter Ended June 30, 2026 VIP Industries Limited has announced its unaudited financial results for the quarter ending June 30, 2026. The Board of Directors reviewed and approved these Standalone and Consolidated results. These figures reflect the performance across the company’s primary segment: manufacturing and marketing of luggage and bags.The results were subjected to a review by Price Waterhouse Chartered Accountants LLP for both the standalone and consolidated segments.Q1 FY2026 Financial Performance Overview (Standalone) The Standalone financial statements show key operational metrics for the quarter ended June 30, 2026, alongside comparisons against previous...

SecMark Consultancy Limited Approves Qended June 30, 2026 Results and Considers Major Amalgamation SecMark Consultancy Limited announced that its Board of Directors had reviewed and approved the Unaudited Financial Results for the quarter ended June 30, 2026. Additionally, the Board considered a scheme for the amalgamation of two companies into SecMark Consultancy Limited.The company's board meeting concluded on August 12, 2026. During the meeting, aside from reviewing the quarterly results, the directors also deliberated upon the Scheme of Amalgamation involving Codifi Finserv Private Limited (Transferor Company 1) and SecMark Holding Private Limited (Transferor Company 2), which is intended to merge into SecMark Consultancy Limited...

Black Box Achieves Highest Quarterly Revenue, Elevating Order Backlog to US$949 Million Black Box Limited, a provider of digital infrastructure solutions, announced its unaudited financial results for the quarter ended June 30, 2026. The company reported robust growth across key operational metrics, driven by increased participation in the global AI economy and the acquisition of new hyperscale contracts.The results demonstrate strong operating momentum as Black Box entered a new phase of scaling. Q1 revenue rose 24%, reaching ₹1,719 crore, while EBITDA grew 38%. The company significantly strengthened its financial position, capitalizing on an expanding global digital infrastructure opportunity estimated at US$250–300 billion across...

TSF Acquires 1.050% of Shares from Promoter in Inter-se Transfer at Wheels India Limited Wheels India Limited has reported a change in its shareholding pattern resulting from an inter-se transfer between two promoter groups. The company announced that TSF Investments Limited (TSF), which is a promoter of the organization, acquired 1.050% of the total shareholding capital from Trichur Sundaram Santhanam & Family Private Limited, also a promoter of the company.The transaction involves an inter-se transfer between the promoters of Wheels India Limited, resulting in the revision of the company's ownership structure. The updated shares report reflects this shift as of August 7, 2026.Shareholding Pattern Details The revised shareholding...

Dhoot Transmission IPO Smashes Records: 74x Subscription and Grey Market Premium Roars Ahead of Allotment The allotment process for the Dhoot Transmission Initial Public Offering (IPO) is set to conclude today, August 13, following a highly successful bidding period. The Rs 3,067-crore issue garnered massive investor interest across various categories, demonstrating robust confidence in the company's future prospects.IPO Subscription Details and Demand Breakdown The Dhoot Transmission IPO, which ran from August 10 to August 12, recorded a staggering subscription of 74.21 times by the close of bidding on the National Stock Exchange (NSE). The offering included 1,85,19,71,585 equity shares against a total availability of 2,49,56,363...

DCX Systems Reports Q2 Financial Results; Sets AGM Date and Appoints Cost Auditors DCX Systems Limited has announced the un-audited financial results for the quarter ended June 30, 2026, along with various corporate updates. The company also confirmed the date of its upcoming Annual General Meeting (AGM) and approved the appointment of a new Cost Auditor.The Board of Directors held a meeting on August 12, 2026, where several business items were reviewed and approved, including the financial performance metrics and future corporate governance decisions.Key Corporate Announcements Annual General Meeting Details: The 15th Annual General Meeting (AGM) for the year ended March 31, 2026 has been scheduled for Monday, September 28, 2026...

Lakshmi Finance Reports Q1 2026 Unaudited Results; Board Approves AGM Notice Lakshmi Finance & Industrial Corporation Limited has released its Unaudited Financial Results for the first quarter ended June 30, 2026. The company's Board of Directors held a meeting on August 12, 2026, where they reviewed and approved the results, as well as the Directors' Report and the Notice for the Annual General Meeting (AGM) scheduled for September 29, 2026.The management also took note of the Limited Review Report provided by the company’s auditors on these interim results.Financial Performance Snapshot The Unaudited Financial Results reflect a mix of strong revenue generation from investments and expenses incurred during the period. All figures...

SK Hynix, Samsung Stock Explode on AI Boom: South Korean Market Hits Three-Week High Semiconductor Giants Drive Rally as Kospi Reaches New Peak South Korean equities surged on Thursday, driven by strong performance in the semiconductor sector. The benchmark Kospi rose 245.50 points, registering a 3.73% gain to close at 6,824.54 as of 0138 GMT. This upward momentum marks the index's highest level since July 24.Chipmaking heavyweights led this impressive rally. Both SK Hynix and Samsung Electronics saw significant gains, with their stock prices climbing more than 7% and 5%, respectively. The positive sentiment surrounding the chip sector was further reinforced by reports indicating that Singapore state investor Temasek plans to invest...

Behari Lal Engineering IPO Surges on Day 2: Grey Market Premium Sparks Investor Interest in Steel Manufacturer The Rs 302-crore initial public offering (IPO) of Behari Lal Engineering saw sustained investor interest on its second day of bidding, signaling strong market expectations for the iron and steel manufacturing company. The issue is currently trading at a significant grey market premium (GMP) of 26%, suggesting optimistic projections regarding its listing performance.On Day 1, the IPO was subscribed 2.03 times against the 74.12 lakh shares on offer. Retail Individual Investors (RIIs) showed particularly robust interest, achieving a subscription rate of 2.70 times against 37.63 lakh shares. Non-Institutional Investors (NIIs) and...

Sensex Plunges Over 200 Points: Analysts Pinpoint Consolidation Phase Amid Crude Price Headwinds The Indian stock market saw a mixed session on Thursday, with major benchmark indices extending losses as traders prepared for expiry-day volatility. The decline in both Sensex and Nifty was tempered slightly by easing crude oil prices, yet market participants remain focused on near-term consolidation amid strong structural fundamentals.Sensex registered a significant drop of over 200 points, settling at 77,733. Meanwhile, Nifty 50 fell more than 95 points to reach 24,341 during the morning session. While momentum indicators are mixed across the market spectrum, specific sectoral indices showed resilience or decline.Market Performance...

Indus Fila Limited Reports Quarterly Results: Net Loss Stands at 66.42 Lakhs INR Indus Fila Limited has announced its unaudited standalone financial results and the corresponding limited review report for the quarter ended June 30, 2026. The Board of Directors approved the findings, which detailed the company's operational performance against industry standards.The results indicate that the company recorded a loss for the quarter. Key financial metrics include total income and expenses, which collectively led to a net loss after tax.Quarterly Performance Snapshot A review of the unaudited results for the quarter reveals the following material figures (all amounts in lakhs of INR):ParticularsQuarter Ended June 30, 2026...

Promoter Family Member Acquires 8.50% Stake in HMA Agro Industries Through Inter-Se Gift Transfer A member of the promoter group, Mohammad Kamil Qureshi, has acquired a significant stake in HMA Agro Industries Limited through an off-market inter-se transfer involving his real brother, Wajid Ahmed. The transaction, which is classified as a gift amongst immediate relatives, resulted in Mohammad Kamil Qureshi increasing his holding from zero to 8.50% of the company's total share capital.The acquisition was finalized on August 7, 2026, involving the transfer of 4,25,75,347 equity shares held by Wajid Ahmed. This transaction is a private family arrangement intended for succession planning and asset streamlining within the promoter group...

Sanstar Commissions 3 MW Solar Power Plant at Kutch Facility, Boosting Renewable Energy Footprint Ahmedabad: Sanstar Limited, a major producer of maize-based specialty products in India, announced the commissioning of its new 3 MW solar power plant located in Moda village, Rapar Taluka, Kutch, Gujarat. The project marks a significant step toward improving operational efficiency and reducing power costs at the company's Kutch facility.The solar power plant was established with an investment amounting to approximately Rs. 7.5 Crore. This renewable resource will be utilized exclusively for captive consumption by Sanstar Limited.The installation of the 3 MW solar capacity is set to provide annual power cost savings estimated at around...

Motisons Jewellers Reports Q1 FY26 Results Following Completion of Qualified Institutional Placement Motisons Jewellers Limited has announced its unaudited financial results for the quarter ending June 30, 2026. The company also provided details regarding its recent capital structure activity, including a Qualified Institutional Placement (QIP).The Board of Directors approved these results during their meeting held on August 12, 2026. A Limited Review Report by statutory auditors has been issued on the unaudited standalone financial results for the quarter.Financial Highlights and Performance Metrics The company operates in the business of selling jewellery made of gold, diamonds, and Kundan, as well as other products such as pearl...

Tamil Nadu Newsprint and Papers Reports Q2 Results; Thiru Prince Tholkappian Appointed Chief Risk Officer Tamil Nadu Newsprint and Papers Limited announced its unaudited financial results for the quarter ending June 30, 2026. The company saw a turnaround in profitability for the quarter, achieving a net profit despite pressures from rising input costs. Concurrently, the Board meeting held on August 12, 2026, approved the appointment of Thiru Prince Tholkappian as Chief Risk Officer (CRO).The Q2 results reflect operational trends and market factors impacting material pricing. The company managed to turn around a loss into profit for the quarter, following a challenging period in the previous year's corresponding quarter.Financial...

Amol Babulal Taori Appointed Director (Finance) at Power Grid Corporation of India Limited Power Grid Corporation of India Limited has appointed Shri Amol Babulal Taori as a Director (Finance). The appointment was formalized following an order conveyed by the Ministry of Power.Shri Taori will take up the position of Director (Finance) at Power Grid Corporation of India Limited for a period of 05 years. His tenure is effective from the date he assumes charge of the post, or until further orders are issued, whichever occurs earlier.Prior to this appointment, Shri Amol Babulal Taori held the position of Executive Director (International Trade) at Hindustan Petroleum Corporation Limited (HPCL). Further details regarding his assumption...