Markets

Landsmill Green Limited Approves Q1 Financial Results; Board Considers Performance of IT Sales and Trading Segments Landsmill Green Limited, formerly known as Excel Realty N Infra Limited, announced the approval of its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results were reviewed by independent Chartered Accountants, Devpura Navlakha & Co., who issued a Limited Review Report on both the standalone and consolidated statements.The company held a board meeting on Wednesday, August 12, 2026, during which it approved these quarterly financial results. Following the close of the meeting at 5:20 P.M., the company confirmed that the trading window for dealing in its securities would...

Black Box Secures US$131 Million Data Centre Order from New Tier-1 U.S. Hyperscaler Black Box Limited, a leading provider of digital infrastructure solutions, announced that it has secured a substantial order with a new global Tier-1 hyperscaler based in the United States for a major data centre project in the U.S. The deal is valued at US$131 million (approximately ₹1,240 crore).This contract represents a significant milestone for Black Box within the U.S. hyperscaler market, adding a marquee client to its growing portfolio of hyperscalers. The win underscores the company's established position as an AI-led digital infrastructure partner capable of supporting large scale data centre buildouts globally.The engagement involves Black...

R K Swamy Limited Announces Unaudited Financial Results for Quarter Ended June 30, 2026 R K SWAMY Limited has reported its un-audited financial results for the quarter ended June 30, 2026. The Company's Board of Directors approved the consolidated and standalone financial outcomes, which include performance data across multiple reporting periods.The unaudited consolidated financial results showed significant revenue generation, with total income reaching 8,580.86 lakhs for the quarter ended June 30, 2026. Revenue from operations stood at 8,361.75 lakhs, supported by other income of 219.11 lakhs during the same period.The consolidated results for the company demonstrate steady performance across the reported periods:ParticularsQ...

Sansera Engineering Posts Record Q1 Results, Revenue Exceeds 10 Billion INR; Non-Auto Segment Drives Growth Bengaluru: Sansera Engineering Limited, a manufacturer of complex and critical precision engineered components for automotive and non-automotive sectors, announced its unaudited financial results for the quarter ended June 30, 2026. The company reported record revenue in Q1FY27, maintaining stable EBITDA and Profit After Tax (PAT) margins across segments.Consolidated Financial Performance The company delivered strong consolidated results for the quarter, demonstrating significant year-on-year growth.Particulars (INR in Mn)Q1FY27Q1FY26YoYFY26Revenue From Operations10,2137,66333%34,979EBITDA1,9611,32148%6,321EBITDA...

Bluspring Enterprises Limited moves to streamline operations through subsidiary amalgamation Bluspring Enterprises Limited is proceeding with the amalgamation of two of its wholly-owned subsidiaries, Bluspring New Horizon One Private Limited and STEAG Energy Services (India) Private Limited. The Scheme of Amalgamation was filed on August 11, 2026, under Section 233 of the Companies Act, 2013.The amalgamation involves merging Bluspring New Horizon One Private Limited, which is a wholly owned subsidiary incorporated in February 2026, and STEAG Energy Services (India) Private Limited, a wholly-owned step-down subsidiary established in 2001. Both entities are unlisted companies and the merger remains subject to regulatory approvals.The...

Shringar House of Mangalsutra Limited Approves Unaudited Financial Results for Quarter Ended June 30, 2026 Shringar House of Mangalsutra Limited announced that its Board of Directors has approved and reviewed the Unaudited Financial Results (Standalone) for the quarter ended June 30, 2026. These results were finalized alongside the Independent Auditor's Limited Review Report. The Board meeting, held on August 12, 2026, considered these financial results after review by the Audit Committee.The company reported that it operates in a single segment of manufacturing and trading of Mangalsutra, which dictates its reporting structure according to Ind AS 108 Operating Segments. The unaudited financials have been reviewed by the Audit...

Mos Utility Limited Announces Q1 FY27 Results and Board Approves Unaudited Financial Statements Mos Utility Limited released its un-audited financial results for the quarter ended June 30, 2026, following the meeting of its Board of Directors. The company's standalone and consolidated results were approved by the Board after review by the Audit Committee.The company’s Unaudited Standalone Financial Results for the quarter ending June 30, 2026, showed a Revenue from Operations of 517475 Lakhs. Total Income stood at 5318.94 Lakhs. The results were marked by a Profit before Exceptional Item and tax of 492,69 Lakhs, and the company reported a Profit for the Year of 367.93 Lakhs. Earnings per Equity Share (Basic) for the quarter was 0.14...

RMC Switchgears Approves Financial Results for Q1 FY27; Announces Capital Increase to Rs 20 Crores RMC Switchgears Limited announced the approval of its Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The company's Board of Directors reviewed these results alongside several major corporate actions, including a significant increase in authorized share capital and proposals for strategic joint venture participation.The Board meeting, held on August 12, 2026, addressed the financial performance of the group, approved the Director's Report for the financial year ended March 31, 2026, and set forth key governance decisions regarding company structure and future investments.Financial...

AI Boom Drives China Tech Stocks Higher as Hardware Demand Surges; Hong Kong Shares Remain Cautious China's mainland technology sector experienced a notable uplift on Thursday, fueled by optimistic outlooks from U.S. artificial intelligence firms. Stocks involved in optical communications and specialized hardware saw significant gains. Conversely, the broader Hong Kong market showed subdued activity, despite marginal increases in specific tech majors.AI Optimism Fuels Mainland China Tech Sector Gains The CSI300 blue-chip index gained 0.5% by the lunch break, while the Shanghai Composite Index posted a solid rise of 0.4%. This positive momentum was primarily driven by advancements in technology and hardware. Optical module makers led...

B.A.G. Convergence Limited Approves Vendor Change and Schedules 19th Annual General MeetingB.A.G. Convergence Limited held its Board meeting on Wednesday, August 12, 2026, finalizing key decisions regarding its public issue proceeds and setting the schedule for its upcoming annual gathering. The Board meeting commenced at 4:30 p.m. and concluded by 5:30 p.m.During the meeting, the Board of Directors approved a change in vendors intended for utilizing the proceeds derived from the company's public issue. This decision was made in line with the objects outlined in the Prospectus and follows a recommendation from the Audit Committee.In addition to operational approvals, the Board decided to convene the 19th Annual General Meeting...

IPOs Shrink Amid Valuation Fears: Companies Trim Size as Market Demands Stronger Fundamentals A growing trend across the market shows Indian companies reducing the size of their Initial Public Offerings (IPOs). Issuers are actively contending with selective investor demand, heightened market volatility, and intense scrutiny regarding valuations. Several recent examples, including Shiprocket, Laser Power & Infra, Juniper Green Energy, and Indo-MIM, have reported cutting their proposed issue sizes by between 20% to 40%.This trend suggests that firms entering the public markets are often forced to compromise on their desired valuation or trim their offer size simply to ensure full subscription. This adjustment occurs even when there is...

Singer India Reports Q1 FY2026-27 Results: Revenue Jumps 57% as Sewing Segment Drives Profit Growth Singer India Limited, a pioneer in manufacturing and selling sewing machines for 175 years, reported strong results for the quarter ended June 30, 2026. The company’s two primary business segments are Sewing Products (under the Singer & Merritt brand) and Home Appliances (under the Singer brand).The Q1 FY2026-27 performance showed significant year-on-year growth across core metrics, highlighted by substantial increases in EBITDA and PAT within the sewing machine segment.Key Financial Highlights for Q1 FY2026-27 Singer India reported a total revenue of INR 144.55 Cr for the quarter, marking a 57% increase compared to Q1 FY2025-26. The...

V-Marc India Limited Reports Strong Q1 FY27 Results; Profit Jumps 163% YoY V-Marc India Limited announced a robust performance in its first quarter of fiscal year 2027 (Q1 FY27), reporting substantial growth in both revenue and profit. The company delivered consolidated unaudited financial results for the quarter ended June 30, 2026, highlighting significant operational leverage and strategic expansion plans across India and internationally.The Q1 FY27 results reflect a broader shift towards stable operations, driven by expanding dealer networks, traction in retail-led business, and successful execution against project and utility orders. This quarter marks the first time the company has published quarterly financial results...

Orient Technologies Reports Strong Consolidated Q1 FY27 Results; EBITDA Jumps 161% QoQ as Margin Expands Mumbai: Orient Technologies Limited, a leading provider of IT solutions and services, announced consolidated financial results for the quarter ended June 30, 2026 (Q1 FY27). The company reported significant sequential improvement across its key performance indicators, driven by improved operating profitability and continued momentum in enterprise engagements.Consolidated Revenue from Operations reached ₹201.92 crore for Q1 FY27, marking a 9.70% increase compared to the ₹184.07 crore recorded in Q4 FY26. Operating profit saw a substantial surge, with EBITDA reaching ₹15.42 crore—a 161% sequential increase from the ₹5.91 crore...

Raj Rayon Industries Limited Approves up to ₹650 Crore Capex and Reports Q1 Financial Results Raj Rayon Industries Limited announced the approval of a significant capital expenditure alongside the release of its unaudited financial results for the first quarter ended June 30, 2026. The company's Board of Directors approved capital outlay of up to ₹650 Crores intended for business expansion and related infrastructure improvements, including the acquisition and installation of new plant, machinery, and equipment.The board meeting held on August 12, 2026, considered and approved the unaudited financial results and a limited review report provided by the statutory auditors. The company confirmed that it is undertaking measures to arrange...

SBI launches BSE India Defence ETF FOF: Capitalize on Defence Theme with Low-Risk Diversification SBI Mutual Fund has launched the SBI BSE India Defence ETF FOF (Fund of Funds) scheme, offering investors a specialized avenue to tap into the booming defence sector. This new product is strategically designed for those seeking long term capital appreciation while investing in the underlying SBI BSE India Defence ETF. The introduction of this FOF provides a layer of diversification, allowing investors to benefit from the defence industry's growth trajectory through an actively managed fund structure.The scheme has been assigned a 'Low' risk level by the internal assessment team during the New Fund Offer (NFO) period, though it is...

SecMark Consultancy Limited incorporates Wholly Owned Subsidiary for Financial Aggregation Business SecMark Consultancy Limited has completed the incorporation of a new subsidiary company named SECMARK FINANCIAL AGGREGATION PRIVATE LIMITED. The move establishes the company's presence in the financial aggregation space through this specialized entity, which operates as an Account Aggregator and a Non-Banking Financial Company (NBFC).The subsidiary was incorporated on July 13, 2026, in India. SecMark Consultancy Limited serves as the holding company, maintaining full ownership of the newly formed entity.SECMARK FINANCIAL AGGREGATION PRIVATE LIMITED is established to conduct business related to account aggregation and financial...

Shiprocket IPO Smashes Expectations: Retail Roars as E-commerce Giant Achieves Full Subscription on Day Two The e-commerce logistics platform, Shiprocket, has seen a major rally in investor sentiment following its initial public offering (IPO). The issue was fully subscribed by 10:30 am on August 13, according to data from the NSE. This strong performance signals significant market confidence in the growing fintech and supply chain sector.The successful subscription was driven primarily by retail and non-institutional investors. Retail investors’ reserved portion of the issue was subscribed at an impressive 4.57 times. The non-institutional investor (NII) category also showed robust demand, being subscribed 1.79 times.Subscription...

SBC Exports Limited Announces Q1 Financial Results and Terminates Preferential Allotment Plan SBC Exports Limited reported its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company also confirmed the withdrawal of a previous resolution concerning the issuance of equity shares to promoters and the promoter Group through the conversion of unsecured loans.The Board of Directors considered and approved the financial results, which were reviewed by independent auditors and reviewed against the framework set by Indian Accounting Standards (Ind AS).Financial Performance Highlights (Standalone) For the quarter ended June 30, 2026, SBC Exports Limited reported total income of 10,979.79...

Marquee Investors Face Zero Gains on Blackstone-backed Horizon Industrial Parks Pre-IPO Investment A consortium of marquee investors, including billionaire Radhakishan Damani and SBI Life Insurance, are currently facing negligible returns on their pre-IPO investments in Horizon Industrial Parks. These high-profile participants entered the company eight months ahead of its planned share offering, only to find that their holdings offer near-zero gains as the IPO approaches.Horizon allotted 275.87 million shares to 25 key investors on December 26, generating approximately ₹1,650 crore in capital during the pre-IPO round. The company has since set a price band of ₹57–₹60 per share for its upcoming initial public offering (IPO).Limited...