Markets

TVS Motor Company Achieves Highest Ever Quarterly Sales, Reports Strong Growth Across Segments in Q1 FY27 Bengaluru, July 02, 2026: TVS Motor Company (TVSM), part of TVS VENU, recorded its highest ever quarterly sales volume at 16.31 Lakh units during the first quarter of Fiscal Year (FY) 2026-27. The company saw significant performance across all segments, with two-wheeler sales registering a notable growth rate for the quarter.In the first quarter of FY 2026-27, two-wheelers accounted for 15.64 Lakh units, marking a solid expansion compared to 12.32 Lakh units sold in the corresponding period of FY 2025-26. Three-wheeler sales grew by 48%, reaching 0.67 Lakh units from 0.45 Lakh units recorded in the previous fiscal year.The...

Bitcoin Surges Past $60K as Falling Dollar Ignites Risk Rally Sentiment Bitcoin has registered a notable recovery in early trading, surpassing critical psychological levels as favorable shifts in macro indicators buoy risk sentiment. The cryptocurrency saw a 2.37 percent increase over the past 24 hours, hovering near the $60,350 mark. This upward movement is strongly correlated with the US dollar and crude oil prices both falling to a four-month low.The shift signals improving underlying conditions for risk assets. The pullback in the US dollar has been identified as a significant tailwind for BTC. Meanwhile, market players are demonstrating conviction, as long-term holders have accumulated an impressive 270,000 BTC over the past two...

Adani Ports Posts Strong Operational Performance as Cargo Volume Rises in June Adani Ports and Special Economic Zone Limited (APSEZ) has reported a solid operational performance, driven by significant growth in cargo handling. The company’s operations saw a 13% year-on-year increase in cargo volume during June 2026, while the quarter ending June 2026 demonstrated robust growth at 15%.The detailed operational figures for both monthly and quarterly periods showcase APSEZ's growing market presence.MetricJune 2026 PerformanceYoY ChangeQ1 FY27 Performance (ending June 30, 2026)YoY ChangeTotal Cargo Volume46.8 MMT+13%138.1 MMT+15%ContainersN/A+18%N/A+18%LiquidsN/A+11%N/A+12%The growth in overall cargo volume was significantly...

Acquirer Gains 0.08% Stake in Lords Mark Industries Through Share Acquisition A significant acquisition has been completed by HARIRAM VIBHUTI UPADHYAY and BSE Limited in Lord's Mark Industries Limited, bringing them a stake of 0.08%. The transaction involved the allotment and purchase of 3,60,000 Equity Shares in the company.The target entity, which is identified as Lord's Mark Industries Limited (erstwhile Lords Mark India Limited and Kratos Energy & Infrastructure Limited), saw its shareholding profile altered following this corporate action.The acquisition was executed pursuant to a Resolution plan approved under Section 31 of the insolvency and bankruptcy code, 2016. The process included a scheme and amalgamation that received...

Vinay Benigopal Sarda Acquires 5,06,875 Equity Shares in Lord's Mark Industries LimitedVINAYBENIGOPALSARDA has acquired a stake in Lord'sMarkIndustriesLimited, which operates under the name of Lords MarkIndia Limited and KratosEnergy &Infrastructure Limited. The transaction involves the acquisition or allotment of 5,06,875 Equity Shares in the company.The shares were acquired on November 21, 2025. The details of the transfer are linked to a Resolution plan approved under Section 31 of the insolvency and bankruptcy code, 2016, and a scheme and amalgamation that was approved by the Honble NCLT, Mumbai Bench. The price at which these shares were acquired was set according to the approved Resolution plan and scheme of amalgamation.The...

Lord's Mark Industries Acquires Equity Shares in BSE Listed Company Lord's Mark Industries Limited, identified as Lords Mark India Limited and Kratos Energy & Infrastructure Limited, has completed an acquisition of equity shares belonging to a company listed on Sandesh Pujari BSE Limited.The transaction involved the allotment and acquisition of 12,51,000 Equity Shares. The share purchase was executed on November 21, 2025. The acquisition price for these shares is linked to the terms established under the approved Resolution plan and scheme of amalgamation.This successful transaction positions Lord's Mark Industries Limited with a 0.29% shareholding in the target company, as reported post-transaction.Key details of the acquisition...

CTL Trusteeship Limited Acquires 27.49% Stake in Themis Medicare Ltd Through Share Pledge CTL Trusteeship Limited, a group company of Catalyst, has acquired a significant stake in Themis Medicare Limited through the encumbrance of shares held by a trust. This acquisition involves a pledge of equity shares to CTL Trusteeship Limited, which is acting as the debenture trustee under a Debenture Trust Deed.The shares involved belong to Vividhmargi Trust and are held in the names of its trustees: Mr. Dinesh Shantilal Patel, Mrs. Jayshree Dinesh Patel, and Dr. Sachin Dinesh Patel. The pledge was created by the Trust on these shares in favor of CTL Trusteeship Limited, effective from June 29, 2026.As a result of this transaction, the total...

Smitha Sunnil Korgaonkar Acquires Equity Shares in Lords Mark Industries Limited Smitha Sunnil Korgaonkar has acquired equity shares in Lords Mark Industries Limited, which operates under the name of its former entities, Lords Mark India Limited and Kratos Energy & Infrastructure Limited. This acquisition involves the allotment of 6,25,000 Equity Shares.The transaction relates to an allotment pursuant to a Resolution plan approved under Section 31 of the insolvency and bankruptcy code, 2016. The scheme and amalgamation were previously approved by Hon'ble NCLT, Mumbai Bench.Details regarding the acquisition include the following:MetricDetailTotal Shares Acquired6,25,000 Equity SharesAcquisition PricePursuant to approved...

Neetu Sachidanand Upadhyay Acquires 0.74% Stake in Lords Mark Industries via Resolution Plan Neetu Sachidanand Upadhyay, along with Kratos Energy & Infrastructure Limited, has acquired a significant stake in Lords Mark Industries Ltd. through a transaction governed by an approved resolution and amalgamation scheme. The acquisition involved the allotment of Equity Shares pursuant to the successful resolution plan.The shares were allotted to the acquirer on November 21, 2025, representing a partial acquisition from a transferor. This acquisition relates to Lords Mark Industries Ltd., which is listed on the BSE Limited.The transaction was completed following a resolution plan that was approved under Section 31 of insolvency and...

Manavkishore Teli Acquires Equity Shares of Lord'sMarkIndustries Limited Manavkishore Teli has acquired shares in Lord'sMarkIndustries Limited, which is the combined entity of Lords Mark India Limited and Kratos Energy & Infrastructure Limited. The transaction involves the acquisition of equity shares pursuant to a Resolution Plan approved under Section 31 of the Insolvency and Bankruptcy Code, 2016, following a scheme and amalgamation sanctioned by Hon'ble NCLT, Mumbai Bench.The details of the acquisition include:DetailValueTarget Company NameLord'sMarkIndustries Limited (erstwhile Lords Mark India Limited and Kratos Energy & Infrastructure Limited)Acquirer NameMANAVKISHORETELIDate of Acquisition21/11/2025Number of...

Lords Mark Industries Limited acquires 3,60,000 Equity Shares of Lord's Mark Industries Lords Mark Industry Limited and Kratos Energy & Infrastructure Limited have acquired 3,60,000 equity shares in Lord's Mark Industries Limited. The acquisition was completed on November 21, 2025.The transaction involves the acquisition of these shares pursuant to an approved Resolution plan and scheme of amalgamation. This action took place following a resolution plan that was approved by Hon'ble NCLT, Mumbai Bench vide order dated approximately July 8, 2025.Details regarding the shareholding and transaction specifics are as follows:MetricDetailsTarget CompanyLord's Mark Industries Limited (erstwhile Lords Mark India)Acquirer(s)Lords...

Manish Hariram Upadhya Acquires 0.23% of Target Company Shares as Part of Restructuring Manish Hariram Upadhyaya, in connection with Lords Mark Industries Ltd., has completed the acquisition and allotment of shares amounting to 9,85,000 Equity Shares. This transaction represents 0.23 percent of the diluted share capital of the Target Company (TC).The shareholding details show that Manish Hariram Upadhyaya acquired these shares on November 21, 2025. The acquisition is part of a larger corporate process tied to a Resolution plan and scheme of amalgamation.This transaction was executed pursuant to the resolution plan approved under Section 31 of the Insolvency and Bankruptcy Code, 2016, and the scheme and amalgamation were approved by...

Lords Mark Industries Increases Shareholding in Target Company Following Acquisition On 21/11/2025, Lord's Mark Industries Ltd acquired shares through a process noted as sEquityShare. The acquisition activity involves SACHIDANANDHUPADHYAY and relates to the securities of the target company listed on BSE Limited.The acquiring entity, which holds the stock exchange listing for both itself and its predecessor entities (erstwhile Lords Mark India Limited and Kratos Energy & Infrastructure Limited), operates as a promoter group in this transaction. The acquisition was completed with an initial holding corresponding to 77.54% and 76.97% of the target company's shares, depending on the reference category used.Capital Structure...

JTL Defence Ltd Reports Strong Q1FY27 Performance with 300 MT Combined Volume JTL Defence Limited, a manufacturer of non-ferrous metal products catering to defence, electrical, and industrial applications, reported robust operational performance in the first quarter of FY27. The company recorded a total processing volume of 300 MT across both sales and job work activities.The Q1FY27 results indicate a significant level of operational momentum for JTL Defence Ltd. The combined volume was achieved through 209 MT from sales and 91 MT from job work.Commenting on the quarterly performance, Mr. Pranav Singla, Managing Director of JTL Defence Ltd., stated that FY27 began strongly. He noted that the results reflect progress in strengthening...

Glenmark Advances Multi-Country Phase 3 Clinical Trial of Trastuzumab rezetecan in Platinum-Resistant Ovarian Cancer Glenmark Specialty S.A., a wholly owned subsidiary of Glenmark Pharmaceuticals Ltd., has announced the advancement of its multi-country Phase 3 clinical trial for Trastuzumab rezetecan (SHR-A1811). The HER2 targeted antibody drug conjugate (ADC) is being studied for patients battling platinum-resistant ovarian cancer (PROC).India has been designated as the first country within Glenmark's licensed markets to begin patient enrollment for the Phase 3 clinical trial, following regulatory approval from the Drugs Controller General of India (DCGI). The company plans further patient enrollments in Australia and South Korea...

Olympian Finvest Acquires Shares in Nova Iron & Steel Ltd, Raising Holding Percentage Olympian Finvest Private Limited, identified as a Promoter group member, completed an off-market inter-se transfer of shares in Nova Iron & Steel Limited. The acquisition, which occurred on June 30, 2026, significantly increased the Finvest group's stake in the target company.The transaction involved Olympian Finvest acquiring 42,91,675 shares carrying voting rights in Nova Iron & Steel Limited. This acquisition represented 11.88% of the total diluted share/voting capital of the company at the time of the purchase.Prior to this acquisition, M/s. Olympian Finvest Private Limited held 94,000 shares carrying voting rights, representing 0.26% of the...

JTL Industries Reports 18% Year-on-Year Sales Growth in Q1 FY27Chandigarh: JTL Industries Limited, a leading manufacturer of structural steel tubes, has announced its quarterly business performance for Q1 FY27. The company reported substantial sales momentum, driven by robust demand and improved capacity utilization across various markets.JTL achieved a quarterly sales volume of 1,18,513 MT in Q1 FY27. This figure reflects significant growth compared to previous periods.Key sales volumes for JTL Industries are summarized below:PeriodSales Volume (MT)Q1 FY271,18,513Q1 FY261,00,617Q4 FY261,23,262This performance translates to an 18% year-on-year growth in sales volume.Managing Director Addresses Growth Drivers...

ESAF Small Finance Bank Reports Growth in Deposits and Advances as Total Business Reaches ₹51,141 Crore ESAF Small Finance Bank Ltd has reported significant growth across its core banking metrics for the quarter ending June 30, 2026. The bank noted an increase in total business (including IBPC) to ₹51,141 Crore as of June 30, 2026, compared to ₹40,923 Crore recorded a year earlier.The bank reported robust performance across its deposits and advances portfolios, alongside expanding its customer base and distribution network.Financial Performance Highlights Total Deposits saw a strong Year-on-Year (YoY) increase of 18.62%, reaching ₹26,925 Crore as on June 30, 2026. CASA deposits grew by 11.90% YoY, standing at ₹6,298 Crore. The...

Sundaram Brake Linings Reports FY2025-26 Results; Net Profit Falls Amidst Export Decline Sundaram Brake Linings Limited (SBL) has reported its financial results for the fiscal year ended March 31, 2026. The company announced a dividend recommendation of ₹0.65 per share, following a period marked by challenges in international markets and significant adjustments within the domestic sector.The company’s net sales for FY 2025-26 stood at ₹34,228 lakhs, a figure lower than the previous fiscal year's performance of ₹34,916.23 lakhs. The financial results show decreased profitability, with Revenue from Operations recording ₹34,465.22 lakhs compared to ₹35,221.30 lakhs in FY 2024-25.The company’s Profit before Tax declined, reporting...

Gold Plummets Slightly as US Data Looms; Check Latest International & MCX Spot Rates Bullion prices witnessed a marginal dip in early morning trade on July 2, primarily influenced by a stronger US dollar and heightened expectations of higher interest rates. These macroeconomic factors have reduced the appeal of non-yielding assets like gold amidst current market movements.Global Bullion Prices See Downward Correction The international spot price for gold slipped by 0.46 percent, settling at $4,063.80 per ounce during the early trading session on Comex. Similarly, silver edged down 0.16 percent, closing at $60.41 per ounce in the morning trade.These international movements indicate that risk sentiment is under pressure as investors...