Markets

Heritage Foods Limited CEO Set to Discuss Company Business with ET Now Heritage Foods Limited has scheduled an interaction between its Chief Executive Officer and a major business media channel to provide insights into the company's overall business operations.Mr. Srideep N Kesavan, the CEO of Heritage Foods Limited, is set to interact with ET Now to discuss the business overview of the company.The details of the planned interaction are as follows:Business ChannelDateET NowJune 17, 2026The interaction focuses on discussing the general business landscape and operations of Heritage Foods Limited. The company has stated that no unpublished price sensitive information will be shared during the session with the media outlet...

Computer Age Management Services Limited Allots 2,20,230 Equity Shares Under ESOP Scheme Computer Age Management Services Limited (CAMS) announced the successful allotment of equity shares to eligible employees pursuant to its Employees Stock Option Scheme 2019. The allotment comprises 2,20,230 equity shares at a face value of Rs. 2/- each and was completed on June 12, 2026.The allocation is part of the company's compensation structure under the CAMS ESOP Scheme 2019, which involves vesting options held by employees. The newly allotted shares rank pari passu with the existing Equity Shares of the Company.Following this allotment, the issued and paid-up equity share capital of Computer Age Management Services Limited has been updated...

Bank Nifty Surges Over 1% as Geopolitical Deal Ignites Rally, Banks Lead Steep Ascent Bank Nifty witnessed a robust rally, surging over 1% on June 15. This strong market performance follows a global uplift in financial markets after reports surfaced that an initial deal had been reached between the U.S. and Iran to end hostilities. The developments led to a tumbling of oil prices amid expectations of resuming traffic through the Strait of Hormuz.Sector-Specific Market Movements on Peace Deal Buzz The banking sector drove significant gains during the session, with Nifty Private Bank index trading up 1.06% and the Nifty PSU Bank index rising by 1.25%. Key private sector institutions were among the strongest performers in the market.On...

CWD Ltd Posts Significant Revenue and Profit Growth in FY26 Amid Manufacturing Expansion CWD Limited, an ICT company specializing in integrated solutions, reported robust financial performance in the second half of Fiscal Year 2025-2026 (H2 FY26), driven by strong growth across its Fintech, Smart Meters, and Agri Tech business verticals. The company highlighted a major expansion of its manufacturing capabilities and maintained a focused strategy on end-to-end solutions, leveraging innovation-led differentiation in the technology sector.Financial Highlights and Growth Trajectory The results demonstrate significant scaling compared to H2 FY25. Revenue from operations for CWD Ltd stood at ₹ 105.8 crores in H2 FY26, marking a 302%...

Shipping Stocks Surge Up to 5% as US and Iran Peace Deal Sparks Reopening Hopes for Strait of Hormuz Maritime Trade Boost Fuels Rally in Indian Shipping Sector Indian shipping stocks witnessed a strong rally in early trading on Monday, driven by the announcement of a peace agreement between the United States and Iran. The market reacted positively to expectations surrounding the potential reopening of the Strait of Hormuz and the normalization of global maritime trade flows. This geopolitical development has significantly improved investor sentiment across the sector.The Shipping Corporation of India led the gains in the morning session, climbing 4.61% to reach Rs 310.75. Great Eastern Shipping Company advanced by 3.95%, reaching Rs...

Infosys Board Meeting Scheduled as Company Prepares for Q2 Financial Results Review Infosys Ltd has scheduled a meeting of its Board of Directors to review and approve the financial results for the quarter ending June 30, 2026. The board meeting is set to take place on Wednesday and Thursday, July 22 and 23, 2026.During the meeting, the Board will address several key items related to the company's performance across its subsidiaries. The agenda includes approving and taking on record the audited consolidated financial results as per Indian Accounting Standards (INDAS). Furthermore, the board is slated to approve both the audited standalone financial results of Infosys under INDAS, and the comprehensive financial statements...

Bharti Airtel’s Shareholders Approve Stake Consolidation in Airtel Africa, Boosting Ownership to 79% Bharti Airtel Limited has successfully completed a major shareholder approval process concerning its strategic stake in Airtel Africa plc. The company announced that nearly all shareholders approved the transaction intended to consolidate and strengthen its economic interest in the key African subsidiary, underscoring strong confidence in the value-accretive corporate governance structure.The proposal involved Bharti Airtel issuing equity shares to Indian Continent Investment Limited, a promoter group entity, on a preferential basis. This issuance was executed in exchange for Indian Continent Investment Limited’s existing 16.31% stake...

Kellton Wins Gold Award for HR Tech Implementation in Karnataka Government Digital Transformation Kellton, an AI-led digital transformation and enterprise technology consulting company, has been recognized with the Best HR Tech Implementation (HRMS) Award at the BW PEOPLE TECH.FUTURE Awards 2026. This recognition follows the successful delivery of the flagship Project HRMS2 workforce transformation program for the Government of Karnataka, a massive public-sector digital HR modernization initiative in India.The award celebrates Kellton's execution of this ambitious project, which aims to modernize the state’s government workforce through technology. The transformation established a unified digital HR ecosystem covering over 5,20,000...

Shriram Properties Signs JDA for Premium Residential Project in Bengaluru; GDV Potential Exceeds ₹600 Crores Shriram Properties Limited (SPL), a residential real estate developer focused on the mid-market and mid premium segments, has signed a Joint Development Agreement (JDA) for a premium residential project located at Doddagubbi in North-East Bengaluru. The development covers 9.1 acres of land parcel and is envisioned as an exclusive, scenic lake-facing apartment complex with a development potential estimated at approximately 6.7 lakh sqft.The initiative holds an estimated Gross Development Value (GDV) potential exceeding ₹600 crores. SPL plans to launch the project during the current financial year.Strategically situated in the...

Sansera Engineering Seeks Shareholders' Approval for Appointment of Three New Independent Directors Sansera Engineering Ltd has proposed, through a Postal Ballot process, the appointment and remuneration of three new individuals as Independent Directors. The appointments are set for a five-year term and include Ms. Radhika Govind Rajan, Mr. Deepak Keshav Ghaisas, and Mr. Venkataram Mamillapalle.The company is seeking shareholder approval for these special resolutions via remote electronic voting (e-voting). Voting commenced on June 17, 2026, and is scheduled to close on July 16, 2026. The results of the Postal Ballot will be declared within two working days from the closing date of e-voting.Key Appointments and Terms The resolutions...

Granules India Schedules Analyst and Investor Meetings at IIFL Invest India Conference in London Granules India Ltd. has announced details regarding a series of meetings scheduled for analysts, investors, and funds in London. These meetings are set to take place during the IIFL Invest India Conference.The company officials will meet with financial experts as part of the conference spanning two days. The schedule is set at the IIFL Invest India Conference - London on June 23, 2026, and June 24, 2026. During these sessions, the company has offered both one-to-one and group meeting formats.The event details are summarized below:DateEvent NameMeeting TypeJune 23, 2026 & June 24, 2026IIFL Invest India Conference - LondonOne-to-one...

Tips Music Ltd Schedules Analyst Investor Meeting Tips Music Ltd, formerly known as Tips Industries Limited, has announced a schedule for an interaction with analysts and institutional investors. The company confirmed that its officials will be engaging in a one-on-one virtual meeting session.The planned meeting is set for Thursday, June 18, 2026.In addition to the scheduled meeting, Tips Music Ltd has made available a copy of the Investor Presentation. This presentation has been uploaded on the company’s website and on the Stock Exchanges for public access.Key details regarding the Analyst/Institutional Investor meeting are presented below:Meeting DateType of MeetingMode of MeetingThursday, June 18, 2026One-On-OneVirtual...

Rappid Valves Secures Order worth Rs 18 Crore from BHEL for Indian Navy Project Rappid Valves (India) Limited has secured a contract valued at approximately Rupees 18.05 crores excluding taxes from Bharat Heavy Electricals Limited (BHEL). The order pertains to the supply of valves and components intended for an important Indian Navy project.The significant domestic order involves supplying specialized valves and components required for the Indian Navy's 5 Fleet Support Ships Programme. BHEL, as the entity awarding the contract, is confirmed as a domestic entity.According to the contract details, the execution period for this large order spans multiple timelines. The work for three of the ships is scheduled to be completed within...

Rajesh Exports Stock Surges 5%, Breaks Seven-Day Losing Streak After SEBI Interim Order Shares of Rajesh Exports Ltd experienced a sharp recovery in morning trade on Monday, climbing to Rs 80.23 and hitting the 5% upper circuit. This rebound was significant, as it snapped a streak of seven consecutive losing sessions for the jewellery maker.The stock had faced immense pressure over the past week, shedding nearly 30% of its value in the preceding period. On Friday, concerns over regulatory actions led the share price to slump to a 52-week low of Rs 77.05 after seven consecutive trading days of declines.The SEBI Allegations and Market Pressure The sharp decline in the stock was primarily triggered by an interim order issued by the...

Vedanta Metal and Oil Stocks Brace Market Volatility as Debut Listings See Mixed Trading Key Takeaways from Vedanta Group Demerger Debut Listings The newly listed entities of the Vedanta group experienced a mixed trading session on Monday, signaling market volatility following their debut listings. While some components gained, others shed listing gains in their inaugural trades. This muted performance was observed despite a generally strong rally across the broader stock market indices.Performance Breakdown of Vedanta Aluminium Metal Ltd Vedanta Aluminium Metal Ltd saw its stock decline during the morning trade. Trading at approximately 10:10 am, the stock was recorded at Rs 497.7, representing a drop of 4.7 percent from its listing...

LT Foods Ltd Incorporates Wholly Owned Subsidiary for Asia-Pacific Expansion LT Foods Limited has announced plans to incorporate a new wholly owned subsidiary to bolster its presence in Australia and the wider Asia-Pacific region. The strategic move aims to support future growth, business development, distribution, and customer engagement initiatives within the targeted markets.The new entity, named LT FOODS AUSTRALIA PTY LIMITED, will serve as a vital platform for the company's international expansion into the Food Industry. This investment is positioned as a Related Party Transaction, which the company has stated will be conducted on an arm's length basis.While the entity is yet to be officially incorporated and thus possesses no...

Gujarat Inject Kerala Bags Rs 14.49 Crore Order from Deon Energy for Solar PV Modules Gujarat Inject Kerala Limited, a company undergoing strategic transformation and rebranding as Regenova Renewtech Limited, has secured a significant purchase order valued at approximately Rs 14.49 crore (exclusive of GST) from Deon Energy Limited. This order involves the supply of 16,129 Solar PV Modules with a capacity of 620 WP.The contract marks a key milestone in Gujarat Inject Kerala Limited's expansion into India’s renewable energy and solar solutions segment, strengthening its position within the rapidly growing solar infrastructure market. The recent acquisition from Deon Energy follows multiple contracts secured by the company from clients...

Global Geopolitical De-escalation Ignites Markets as India Poised for Massive Domestic Flow Surge The breakthrough in US-Iran relations is rapidly shifting the mood in Indian financial markets. The agreement to reopen the Strait of Hormuz and de-escalate hostilities has eased significant geopolitical uncertainty, creating a compelling backdrop for local investors. For a nation that relies heavily on crude imports, this development represents a critical relief valve against inflation pressures.The market anticipates that this stable environment will trigger a recovery in discretionary buying from retail investors, HNIs (High Net Worth Individuals), and tactical traders. While Institutional flows remain resilient, the potential revival...

Mach Travel Solutions Ltd Revises Industry Classification in BSE Records Mach Travel Solutions Limited has announced a revision to its industry classification category maintained in the records of BSE Limited. This administrative update reflects the company's principal business activities and is effective as of June 15, 2026.The revised classifications categorize the company across multiple levels, starting from Macro-Economic Indicator down to Basic Industry. The details of the updated industry classification are presented below:Classification LevelDetailsMacro-Economic IndicatorConsumer DiscretionarySectorConsumer ServicesIndustryLeisure ServicesBasic IndustryTour, Travel Related ServicesThe change pertains...

Sensex Surges Over 1000 Points as US-Iran Peace Deal Eases Energy Concerns, Fueling Global Rally The Indian stock markets saw a strong surge on Monday, tracking the global rally driven primarily by diplomatic developments in the Middle East. The benchmark indices climbed substantially following news that U.S. President Donald Trump and Iran's deputy foreign minister reached an initial deal aimed at ending hostilities and resuming traffic through the Strait of Hormuz.At approximately 9:30 a.m., the Sensex stood firm at 76,579.55, climbing by 1,051.59 points or 1.39 percent. The broader Nifty index was also buoyant, reaching 23,944.80, which represented a gain of 321.90 points or 1.36 percent.US-Iran Deal Boosts Sentiment and Reopens...