Markets

GIC Housing Finance Announces Q1 Financial Results; Approves New Board Appointments GIC Housing Finance Limited has released its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company's Board of Directors meeting on August 12, 2026, approved the results and sanctioned key appointments within the organization.The Company reported strong profitability across both standalone and consolidated results during the quarter. The unaudited standalone financial results showed a Net Profit for the period amounting to 1,004 Lakhs, with Total Income reaching 26,732 Lakhs. Correspondingly, the Consolidated Financial Results also registered a Net Profit of 1,008 Lakhs against a Total Income of...

Axis Bank Secures Listing Approval for U.S.$300 Million Senior Notes on Global ExchangesAxis Bank Limited has received final listing approval from major international exchanges regarding a tranche of its senior notes. The approvals were granted by the India International Exchange (India INX) and the Debt Securities Market of NSE IFSC Limited (NSE IX).The approval covers U.S.$300,000,000 in 5.348 per cent. Senior Notes. These notes are set to be consolidated and form a single series alongside an existing U.S.$5,000,000,000 Global Medium Term Note Programme issued earlier on June 30, 2026.The listing approval secured by Axis Bank allows the institution to bring these notes onto the exchanges. The Pricing Supplements related to this...

VIP Industries Reports Turnaround Momentum with Strong Product Pipeline and Brand Initiatives VIP Industries Limited released an investor presentation detailing the business and financial performance for the quarter ended June 30, 2026. The company highlighted significant strides in product innovation and brand building as it works toward continued growth.The report noted that a period of growth has been restored after seven quarters, placing the current status within two quarters of transaction completion. A key indicator of this operational revival is the introduction of new products, with over 80 launches contributing to approximately 50% of the company's revenue.Product Innovation and Portfolio Expansion VIP Industries showcased...

VISA Chrome Limited Announces Financial Results and Board Decisions Following Annual Meeting VISA Chrome Limited, previously known as VISA Steel Limited, released its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company also provided updates regarding several key director appointments and re-designations following a Board meeting held on August 12, 2026.The results were reviewed by the Audit Committee, and the statutory auditors conducted a limited review of the interim financial information. Both the standalone and consolidated statements reflect that the company is operating under a going concern assumption due to financial challenges.Financial Performance Highlights (Q Ended...

VIP Industries Registers Revenue Uptrend in Q1FY27 Amid Stabilization Phase VIP Industries Limited has announced its unaudited financial results for the first quarter ended June 30, 2026 (Q1FY27), showing a revenue uptick and operational momentum under its new management team. The company reported consolidated income from operations of Rs 578 crore, marking an increase compared to the corresponding period in the previous fiscal year.The results reflect the company's ongoing stabilization efforts and transformation after completing the first phase of organizational change. While showing a positive revenue trajectory, profitability was impacted by inflation in raw materials resulting from a crude price hike.Q1 Financial Performance...

West Coast Paper Mills Reports Unaudited Financial Results for Quarter Ended June 30, 2026 West Coast Paper Mills Limited (WCPM), a major producer of paper for printing, writing, and packaging in India, has released its unaudited financial results for the quarter ending June 30, 2026. The company holds a long history as one of India's oldest producers in the industry.The financial performance across both consolidated and standalone segments showed mixed trends during the reported quarter.Key Financial Highlights (₹ in Crores) The following table details the unaudited financial results for West Coast Paper Mills Limited, comparing Q1FY27 figures against previous quarters.ParticularsConsolidated StandaloneQ1FY27Q4FY26Q-o-Q...

Ester Industries Reports Strong Q1 FY27 Performance with Revenue Growth and Margin Expansion Gurugram, August 12, 2026: Ester Industries Limited, a leading manufacturer of Polyester Films and Specialty Polymers in India, has announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported significant improvements in its operating environment, driving a substantial turnaround in performance across key metrics.Consolidated Total Income rose by 27.4% year-on-year (Y-o-Y) to ₹441.9 crore, while EBITDA more than doubled, increasing by 103.4% Y-o-Y to ₹58.9 crore. Consequently, the consolidated EBITDA margin expanded significantly to 13.3%, up from 8.3% in Q1 FY26. Profit After Tax (PAT) turned...

Nasdaq Surges as US Stocks Open Higher Fueled by Solid Inflation Data and AI Sector Earnings Boost Market Rallies on In-Line Inflation Readout The S&P 500 and Nasdaq saw a positive start on Wednesday, driven by investors digesting largely in-line inflation data. The market uplift was further supported by optimistic earnings reports coming from several companies operating in the artificial intelligence (AI) infrastructure sector.The Dow Jones Industrial Average started slightly gaining ground, rising by 5.6 points, or 0.01%, at the opening bell to settle at 53797.47. The S&P 500 surged significantly more strongly, moving up 37.3 points, representing a 0.48% gain, reaching 7765.46 in pre-market trading.Technology Leads Rally as Nasdaq...

High Court Grants Stay on FSSAI Order Prohibiting Sale of Associated Alcohols' Whisky and Rum Brand Associated Alcohols & Breweries Ltd. has announced that the Hon'ble High Court of Madhya Pradesh granted a stay on an order issued by the Food Safety and Standards Authority of India (FSSAI). This decision impacts one of the company's Whiskey and Rum brands.The Company received the court's order dated August 6, 2026. The stay was granted concerning the FSSAI order that had prohibited the sale of the specific brand.This development marks a crucial legal update for Associated Alcohols & Breweries Ltd., removing the previous restriction on the brand's marketability as sanctioned by the High Court.ASALCBR Stock Price Movement Associated...

Usha Financial Services Reports Unaudited Results and Limited Review for Quarter Ending June 30, 2026 Usha Financial Services Limited has released its unaudited standalone financial results along with a limited review report for the quarter ended on June 30, 2026. The results were approved by the Board of Directors in a meeting held on Wednesday, August 12, 2026.The company operates as a Non Banking Financial Company (NBFC), primarily engaging in lending to financial institutions, corporates, and individuals across India.Q2 FY26 Financial Performance Overview The Statement of Standalone Unaudited Financial Results for the quarter ending June 30, 2026, reflected key performance indicators across income and expenses...

Nagreeka Capital & Infrastructure Approves Unaudited Q1 FY26 Results; Sets AGM Dates and Appoints Scrutinizer Nagreeka Capital & Infrastructure Limited announced several key decisions following a Board of Directors meeting held on August 12, 2026. The board approved the unaudited financial results for the quarter ended June 30, 2026, alongside other significant corporate governance matters.The company's unaudited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors. These results were accompanied by a Limited Review Report dated August 12, 2026, issued by M/s Das & Prasad, Chartered Accountants, the Statutory Auditors of the Company.Among the resolutions passed at the meeting was...

Prostarm Info Systems Announces Capital Raise and Shares Quarterly Financial Results Prostarm Info Systems Limited announced several material updates following its Board meeting held on August 12, 2026. The company reported its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. In a significant corporate action, Prostarm also detailed plans to raise funds by issuing Fully Convertible Warrants (FCWs).Key resolutions passed by the Board included the approval of these financial results, the appointment of new statutory auditors, and an alteration of the company’s Memorandum of Association (MOA) related to its business objects.Financial Performance Review (Quarter ended June 30, 2026) The...

Shekhawati Industries Limited Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Shekhawati Industries Limited (formerly Shekhawati Poly-Yarn Limited) has released its unaudited financial results for the quarter ending June 30, 2026, alongside a Limited Review Report issued by the statutory auditor. The company provided details of its performance across various periods, including standalone and segment-wise financial data.The board meeting addressing these results commenced at 3:00 p.m. and concluded at 5:10 p.m. on August 12, 2026.Financial Highlights (RS. In Lakhs) The unaudited standalone financial results for the quarter ended June 30, 2026, show performance figures compared against previous quarters and the...

Hind Rectifiers Limited Changes Name to Hirect Limited Effective August 18, 2026 Hind Rectifiers Limited will undergo a corporate identity change, with the company name being altered to Hirect Limited. The transition is scheduled to take effect starting August 18, 2026.The notification details the specifics of this renaming, affecting the existing trading symbol and current corporate designation. This change introduces a streamlined name for the publicly traded entity.A review of the transitional changes reveals the following details:Existing SymbolExisting NameNew NameHIRECTHind Rectifiers LimitedHirect LimitedThe change in name signifies a formal transition for members and stakeholders. The new identity, Hirect Limited...

Suraksha Diagnostic Limited Approves Q1 Results, Appoints Dinesh Gupta as Chief Financial Officer Suraksha Diagnostic Limited has approved its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company's Board of Directors also sanctioned the appointment of Mr. Dinesh Gupta as the Chief Financial Officer (CFO), effective August 24, 2026.During the board meeting held on August 12, 2026, directors considered and approved several key corporate decisions alongside the financial outcomes for the quarter. The company also fixed September 15, 2026, as the Record Date to determine shareholder entitlement regarding dividends for the financial year ended March 31, 2026.Financial Performance...

Consolidated Finvest & Holdings Approves Q1 Results, Sets AGM Date, and Appoints Additional Director Consolidated Finvest & Holdings Limited (CFHL) announced several key corporate decisions following the meeting of its Board of Directors held on August 12, 2026. The company approved its unaudited standalone financial results for the quarter ended June 30, 2026, and set the date for its upcoming Annual General Meeting (AGM).The Board meeting also addressed governance matters, approving the Corporate Governance Report and Management Discussion and Analysis Report for Financial Year 2025-26. Furthermore, the company approved the appointment of Mr. Radhey Shyam as an Additional Independent Director.Key Operational and AGM Details CFHL...

Industrial Surge: Skytech Infinite SME IPO Opens Aug 14 as Turnkey Solutions Drive Growth Ambitions Bengaluru-based Skytech Infinite Platform is preparing to tap into the public market, launching a fresh issue through an Initial Public Offering (IPO). The industrial automation company's IPO is scheduled to open on August 14 and close on August 18. It offers investors a chance to participate in the company’s expansion as it aims to scale its operations across various industrial sectors.Key Details of Skytech Infinite SME Issue The offering comprises a total of 29.45 lakh equity shares, with the price band set at ₹73 to ₹77 per share. Each lot is defined as 1,600 shares. The IPO is managed solely by Finshore Management Services, which...

AksharChem India Ltd Announces Q2 FY26 Unaudited Results and Commissions Solar Power Plant AksharChem (India) Limited released its standalone unaudited financial results for the quarter ending June 30, 2026. The company also reported the successful commissioning of a captive solar power plant at its Bharuch facility.The Board of Directors considered and approved the unaudited financial results along with the Limited Review Report from statutory auditors for the period ending June 30, 2026.Financial Performance Summary The Statement of Standalone Unaudited Financial Results provides a comparison across several periods, including the current quarter (ended June 30, 2026), Q1 FY26 (ending March 31, 2026), Q2 FY25-26 (ended June 30...

Sham Foam IPO Launches: Is 2% Oversubscription a Strong Start for PU Foam Manufacturer? Debut Listing: Initial Bids for Sham Foam’s Rs 40.48 Crore Offering Sham Foam Ltd officially launched its initial public offering (IPO) on Tuesday, signaling the entry of this manufacturer into the capital markets. The IPO is valued at ₹40.48 crore and consists of a fresh issue comprising 31.14 lakh shares.As of the first day of subscription, the offer registered interest, receiving bids for 2 per cent of its total offer size on the BSE SME platform, according to exchange data. This indicates initial investor interest in the company's growth story within the specialized materials sector.IPO Details and Funding Allocation The IPO has been priced...

Aditya Infotech Reports Q2 Results: Consolidated & Standalone Profitability Highlights Issued Aditya Infotech Limited has released its unaudited financial results for the quarter ended June 30, 2026. The results, which include consolidated and standalone figures, reflect the company's operational status alongside significant strategic activities, including the establishment of a new joint venture and ongoing legal matters related to imported goods.The Board of Directors reviewed and approved the financial performance for the quarter as of August 12, 2026, after these results were subject to limited review by statutory auditors.Quarterly Financial Performance Overview (Q ended June 30, 2026) The company maintained strong operational...