Markets

Lending Rates Moderate: SCBs See Dip in Deposit Returns as RBI Releases Key Data The Reserve Bank of India (RBI) released crucial data concerning the lending and deposit rates of Scheduled Commercial Banks (SCBs) for May 2026. The data provides a detailed look into how major Indian banks are pricing capital in the market.The latest figures highlight a clear trend of moderation across the banking sector. Analysts are focusing keenly on the shifting relationships between deposit rates and the weighted average lending rates (WALR), which suggests potential adjustments in the cost of funds.Key Shifts in SCB Lending Rates Reviewing the weighted average lending rates (WALR) reveals subtle but significant movements. The WALR on fresh rupee...

Kings Infra Reports Strong FY 2025-26 Performance, Targets Growth with Five-Pillar Strategy Kings Infra Ventures Limited, a leading provider in integrated aquaculture, seafood solutions, and infrastructure development, announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported significant growth across key financial metrics, emphasizing the strength of its core operations in Aquaculture and Exports.The company's financial performance for the full year 2025-26 saw revenue climb 30.13% to ₹162.15 Crore, while Profit After Tax (PAT) increased 24.41% to ₹16.36 Crore. Earnings Per Share (EPS) reached ₹6.68.Financial Highlights for FY 2025-26 The financial figures demonstrate...

Mini Diamonds Secures Domestic Order for Cut and Polished Lab Grown Diamonds worth INR 14.00 Crores Mini Diamonds (India) Ltd. announced on June 01, 2026, that the company secured a significant domestic order totaling INR 14.00 Crores for the supply of cut and polished lab grown diamonds. The order was received from an existing client based in Mumbai.The new contract is noted as part of Mini Diamonds' focused efforts to deepen its presence in the domestic market. The company stated that it remains committed to strengthening its domestic lab grown diamond business by expanding its customer base and improving order execution capabilities across India.Management Commentary Highlights Repeat Business Shri Upendra Shah, Chairman and...

Balu Forge Industries Secures Major Order for 152mm Artillery Shells, Boosting Defence Manufacturing Footprint Balu Forge Industries Ltd, a leading precision engineering and manufacturing company, has announced the receipt of a significant contract for large-calibre ammunition. The company secured an initial agreement to supply 30,000 units of 152 mm artillery shells to a major Indian energetics player. This contract marks a critical milestone, furthering BFIL's presence within the domestic defence sector.Supplies for this strategic order are scheduled to commence in June 2026.Order Scaling and Operational Capacity This initial contract establishes a foundation for sustained, long-term collaboration. The order volume is projected to...

Marksans Pharma to Acquire 100% Stake in Netherlands-Based QliniQ B.V., Boosting European Market Reach Mumbai, June 1, 2026: Marksans Pharma Ltd, a leading pharmaceutical company, announced on June 1, 2026, that it has entered into a definitive agreement to acquire 100% of the share capital of QliniQ B.V. QliniQ B.V. is a profitable, Netherlands-based pharmaceutical company with established front-end sales, marketing, and distribution capabilities across the Dutch healthcare market.This acquisition marks a significant strategic move for Marksans Pharma, aiming to expand its presence across regulated European markets. The move is intended to strengthen the company's forward-integration strategy by providing direct, owned market-access...

Hyundai Motor India Reports Strong Monthly Sales of 61,137 Units in May 2026 Hyundai Motor India Limited (HMIL) announced its sales figures for May 2026, reporting strong growth in both domestic and export markets. The company achieved total monthly sales of 61,137 units, marking a 4.1% Year-on-Year (YoY) increase.HMIL registered domestic sales of 47,837 units in May 2026, reflecting a 9.1% YoY growth. The export contribution stood at 13,300 units during the month.The company provided a detailed overview of its sales performance:MetricMay 2026 UnitsYear-on-Year GrowthDomestic Sales47,8379.1%Export Sales13,300N/ATotal Monthly Sales61,1374.1%Commenting on the May 2026 sales results, Mr. Tarun Garg, Managing Director...

Siemens Limited Completes Sale of Low Voltage Motors and Geared Motors Business to Innomotics India Pvt. Ltd. Siemens Limited has successfully closed the sale and transfer of its Low Voltage Motors and Geared Motors business to Innomotics India Private Limited. The transaction involves the entire Low Voltage Motors business, which also includes related customer service operations, collectively referred to as the Low Voltage Motors business.The sale was completed on June 1, 2026, and was structured as a going concern on a slump sale basis. Siemens Limited transferred the business to Innomotics India Private Limited for a cash consideration (enterprise value) of INR 22 billion (Indian Rupees Twenty Two Billion).The deal was executed...

Bajaj Auto Reports 20% Sales Growth in May 2026 Bajaj Auto Limited released its sales figures for May 2026, showing a total sales increase of 20% compared to May 2025. The company maintained strong growth across both two-wheeler and commercial vehicle segments, contributing significantly to the overall revenue jump.According to the data, the total sales for the month of May 2026 stood at 4,61,257 units, marking an 18% growth in the two-wheeler segment and a 30% increase in the commercial vehicle segment, leading to the cumulative 20% growth in total sales.May 2026 Sales Overview The monthly comparison highlights the robust performance across various categories:ParticularsMay-26May-25Change%2-WHEELERS...

Shreeji Shipping Global Reports Strong FY26 Results Amid Fleet Expansion and Coastal Movement Entry Shreeji Shipping Global Limited, a key player in dry-bulk cargo shipping and logistics, announced its financial results for the financial year ended March 31, 2026 (FY26). The company reported robust financial growth, driven by revenue increasing by 21.45% to ₹709.38 crore and operating profit rising 23.28%.Financial Highlights for FY26 The company's financial performance demonstrated strong year-over-year growth across multiple key metrics.According to the consolidated financials, revenue from operations reached ₹709.38 crore in FY26, up 21.45% from ₹584.08 crore in FY25. EBITDA (excluding exceptional items) rose 26.81% to ₹243.03...

SML Mahindra Reports 15% Growth in Sales Figures for May 2026 SML Mahindra Limited has reported its sales figures for the month of May 2026, highlighting growth across its vehicle categories. The company’s sales saw a 15% increase in May 2026 compared to May 2025.The sales data provided covers performance for the month of May 2026 as well as the combined period of April to May.Monthly Sales Performance (May 2026) For the month of May 2026, SML Mahindra recorded a total of 1,767 units sold, marking a 15% jump from 1,543 units sold in May 2025.Analyzing the segmental performance for May 2026:Passenger Vehicles: The sales for passenger vehicles reached 1,423 units, demonstrating a significant 26% increase compared to the 1,130...

Bodhi Tree Multimedia Reports Strong Q4FY26 Results, Completes Strategic Pivot to IP Ownership Model Bodhi Tree Multimedia Limited (BTML) showcased robust growth in its latest financial reports, marking a strategic transition from a commissioned production company to an Intellectual Property (IP)-led, multi-platform content business. The company reported consolidated revenue for Q4FY26 of ₹ 36.07 Cr, while the full fiscal year (FY26) income reached ₹ 118.45 Cr, representing a 31.96% Year-on-Year (YoY) growth compared to FY25.The company’s EBITDA saw a significant increase, reaching ₹ 17.10 Cr for FY26, up 76.47% YoY.Financial Highlights (INR Cr)ParticularsQ4FY26Q4FY25YoY%Q3FY26QoQ%FY26FY25YoY%Total...

Bodhi Tree Multimedia Reports Robust FY26 Performance: Revenue Up 32%, PAT Surges 62% YoY Bodhi Tree Multimedia Ltd., a premier Indian production house and multi-genre content company, announced its financial results for the quarter ending March 31, 2026. The company, which operates across television, OTT, digital, and FAST platforms, reported significant growth in its consolidated performance for Fiscal Year 2026.With a deep catalog spanning over 5,000 hours of programming across 100+ shows, the company continues its strategic shift from commissioned production toward an IP-led, multi-platform content ecosystem, emphasizing long-term value creation through ownership and scalable franchises.Financial Performance Overview The...

Kalpataru Projects International Secures ₹ 2,002 Crores in New Orders Across Core Infrastructure Verticals Mumbai | Kalpataru Projects International Limited (KPIL), a prominent engineering and construction player in the power and infrastructure sector, announced on Monday, June 1, 2026, that it, along with its international subsidiaries, has secured new orders and notifications of awards totaling approximately ₹ 2,002 Crores.The new business awards span three major segments, strengthening KPIL's presence in key markets both domestically and globally.Business VerticalMarket FocusSector TypePower Transmission & Distribution (T&D)Overseas MarketPower InfrastructureBuildings and Factories (B&F)IndiaCommercial/Industrial...

MRP Agro Ltd Details Business Update: Investments and Operational Gains Drive Growth Outlook MRP Agro Ltd, formerly known as MRP Agro Private Limited, released a business update detailing its operational performance and future outlook. The company provided insight into the financial year 2025-2026 and its projections for the current financial year 2026-2027.The company noted that during the financial year 2025-2026, the business faced headwinds due to weather conditions. The period saw the highest monsoon rainfall in June 2025 in the procurement catchment area, which led to a substantial drop in the yield of summer Urad crops. This, coupled with a significant decline in market prices compared to the previous financial year...

Mehul Colours Ltd Reports Strong Revenue Growth in FY2025-26 Amid Strategic Expansion Mehul Colours Limited, a manufacturer of masterbatches, additives, and compounds, announced its audited financial results for the financial year ended March 31, 2026. The company reported a significant increase in revenue from operations, demonstrating strong business volume expansion and market penetration during the fiscal year.The financial highlights show substantial growth in sales, although profitability faced periodic pressures from raw material price fluctuations.Financial results for the fiscal years are detailed below:MetricFY 2024-25FY 2025-26Revenue from operations₹22.82 crore₹30.40 croreProfit after tax₹5.50 crore₹5.22 crore...

Kore Digital Limited Approves Audited Financial Results for Year Ended March 31, 2026 Kore Digital Limited announced the approval of its Audited Standalone and Consolidated Financial Results for the half year and year ended March 31, 2026. The Board of Directors held a meeting on May 30, 2026, and approved the financial results along with the Statutory Auditors' Report.The Company also issued a clarification regarding the financial statements, noting an inadvertent typographical error in the Consolidated Statement of Profit and Loss for the year ended March 31, 2025. The Company stated that this error was purely typographical in nature and had no impact on the financial position, profitability, earnings, net worth, cash flows, or any...

BharatRohan Airborne Innovations Reports FY 2025-26 Results, Highlights Tech Shift to Multi-Sector Deep-Tech BharatRohan Airborne Innovations Limited (BSE SME: 544535) announced a comprehensive operational and strategic overview for the Financial Year 2025-26. The company detailed its expansion, emphasizing a deliberate move from core agricultural services into multi-domain technology sectors, powered by its advanced aerial data capabilities and proprietary deep-tech solutions.The company’s leadership stated that the focus is driven by the conviction that "Hyperspectral Makes Everything Easier™," allowing the application of proprietary aerial data to accelerate R&D and expand its direct-to-consumer presence across diverse industries...

Deccan Gold Reports Major Expansion of Bhalukona Critical Minerals Discovery Chhattisgarh/Bengaluru, June 1, 2026: Deccan Gold Mines Limited, India's listed gold and critical minerals mining company, announced significant expansion of its Bhalukona Nickel-Copper-PGE Project in Chhattisgarh. The latest drilling results confirm a broad corridor of potentially economic nickel, copper, and palladium mineralization, along with localized platinum occurrences, substantially enhancing the scale of the mineralized system first identified in May 2026.The confirmed mineralization extends over a strike length of approximately 430 metres and to depths exceeding 200m. Crucially, the mineralized corridor was noted to remain open, with ongoing...

Atishay Limited Awarded Rate Contract for Printing Voter Identity Cards by State Election Commission, Karnataka Atishay Limited, acting as the Prime Bidder in a consortium with M/s Gundal Business Private Limited, has been awarded a significant Rate Contract Work Order by the State Election Commission, Karnataka (SEC Karnataka). The contract covers the printing and supply of State Voter Identity Cards (SVIC) and related enclosures for the State Election Commission.The scope of the contract involves services for five City Corporations operating under the Greater Bengaluru Authority across the State of Karnataka.The Rate Contract Work Order, awarded by the State Election Commission, Karnataka, solidifies Atishay Limited’s position...

Deccan Gold Mines Identifies Wide Corridor of Nickel, Copper, and PGE at Bhalukona Project Deccan Gold Mines Ltd has announced significant assay results from its ongoing exploration at the Bhalukona Ni-Cu-PGE Project in Chhattisgarh. The latest findings confirm the existence of a substantial mineral corridor, suggesting considerable potential for critical mineral extraction.In previous correspondence, Deccan Gold had confirmed the presence of a layered mafic complex at its Bhalukona Ni-Cu-PGE Project, noting wide zones of disseminated sulphides and occasional heavy-massive sulphide lenses containing economic levels of nickel, copper, and palladium.The company revealed that assay results from the three most recent drillholes...