Markets

RBI Launches Critical 2025-26 Survey: What Mutual Funds Must Know About Foreign Assets Compliance The Reserve Bank of India (RBI) has officially initiated the annual Survey on Foreign Liabilities and Assets of Mutual Funds for the 2025-26 cycle. This mandatory reporting exercise is critical for mapping the external financial exposures of the country’s mutual fund industry. The survey collects detailed information regarding the external assets and liabilities held by mutual funds.The aggregated results from this survey are crucial. They serve as foundational data used by the RBI for compiling and maintaining comprehensive statistics on India's external sector.Understanding the Mandate and Scope The survey requires mutual funds to...

Steel Strips Wheels Limited Reports 18% Year-on-Year Sales Growth for May 2026 Steel Strips Wheels Limited (SSWL) reported a strong operational performance for May 2026, highlighting notable growth across its core product segments and aligning with positive trends in the broader automotive sector.Financial Performance Summary During the month of May 2026, the Company achieved a robust top-line trajectory, primarily driven by domestic demand.The financial performance data for May 2026 compared to May 2025 is summarized below:MetricMay 2026May 2025YoY GrowthNet TurnoverRs. 485.98 CroresRs. 410.35 Crores18.4%Gross TurnoverRs. 560.03 CroresRs. 500.76 Crores11.84%Segment-Wise Value and Volume Analysis The company's sales...

National Company Law Tribunal Allows First Motion Application for Ramco Windfarms Limited The Ramco Cements Limited confirmed that the National Company Law Tribunal (NCLT), Chennai Bench, issued an order regarding Ramco Windfarms Limited's applications.The NCLT, Chennai Bench, passed its order on May 27, 2026. This order allowed the first motion application filed by Ramco Windfarms Limited. Additionally, the Tribunal directed the company to file the second motion application within a period of 14 days from the date of receipt of the order.RAMCOCEM Stock Price Movement As of 10:19 AM, shares of The Ramco Cements Limited are slipping by 0.51% in live trading, currently at ₹866.75. The stock has plummeted to its 52-week low amidst...

Sunrise Efficient Marketing Announces Audited Financial Results for Year Ended March 31, 2026 Sunrise Efficient Marketing Limited (CIN: U29100GJ2020PLC114489) has released its audited consolidated financial results for the year ended March 31, 2026. The company’s financial reports include the Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement for the period.The Company received an unmodified opinion on the consolidated financial statements for the year ended March 31, 2026.Financial Performance Highlights The Statement of Profit and Loss for the period October 2025 to March 2026 reported a profit of 984.96 Lakhs. Earnings per equity share were 5.30 (Basic) and 5.08 (Diluted).The consolidated financial statements...

Vipul Organics Announces Annual Financial Results for FY 2025-2026 Vipul Organics Limited, a leading Specialty Chemicals company in the Pigments and Dyes segment, announced its audited financial results for the quarter and financial year ending March 31, 2026.The company reported significant year-on-year growth across key financial metrics. On a standalone basis, the Profit After Tax (PAT) surged by 148.59% in Q4 FY26 compared to Q4 FY25.Financial Highlights for FY 2025-2026 The annual financial results show robust performance across the fiscal year.Key Annual Results (Standalone Basis):Total Revenue: ₹17,539.57 Lakh (up 7.74% from ₹16,280.01 Lakh in FY 2024-25). Profit Before Tax (PBT): Surged 50.24% to ₹954.92 Lakh. Profit...

Executive Director of Bharat Petroleum Corporation Ltd Superannuates Bharat Petroleum Corporation Ltd announced on June 1, 2026, that Shri Manoj K., Executive Director, Biofuels & Major Projects (E&P), has superannuated from the company's services. The director concluded his tenure with the corporation on May 31, 2026.BPCL Stock Price Movement As of 10:08 AM, Bharat Petroleum Corporation Limited shares are slipping by 0.70% in live trading, currently hovering around ₹296. Trading activity is supported by a volume of 915,515 shares as the market processes the mid-morning trade.

MCX Launches 'Silver 100' Futures to Enhance Bullion Derivatives Portfolio Multi Commodity Exchange of India Limited (MCX), India's leading commodity derivatives exchange, has launched 'Silver 100' futures, significantly expanding its portfolio of high-volume bullion contracts. The introduction aims to meet market demand for a contract structure that better aligns with the operational needs of India's silver industry.Commenting on the expansion, Ms. Praveena Rai, Managing Director & CEO, MCX, stated that the Silver 100 Futures contract offers crucial protection against price volatility for businesses in India's silver sector. The new contract allows local jewellery businesses to hedge or take delivery in quantities that better match...

Jupiter Wagons Reports Financial Results for Q4 and FY26, Posts ₹2,961 Crore Total Income Jupiter Wagons Limited, a provider of comprehensive mobility solutions across rail, road, and marine transportation, has announced its financial results for the fourth quarter and year ended March 31, 2026. The company reported a consolidated total income of ₹2,961 crore and a Profit After Tax (PAT) of ₹166 crore for the full fiscal year 2025-26.The company reported a consolidated PAT of ₹27 crore in Q4 FY26. Consolidated EBITDA for the quarter stood at ₹83 crore, achieving an EBITDA margin of 10.7%. For the full fiscal year 2025-26, the consolidated EBITDA was ₹362 crore, reflecting an average EBITDA margin of 12.4%.Financial Performance...

Superhouse Limited Announces Financial Results and Recommends Final Dividend for FY2025-26 Superhouse Limited, a Government of India recognized Export Trading House, announced the outcomes of its Board of Directors meeting held on May 30, 2026. The Board considered and approved the audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.The statutory auditors, Kapoor Tandon & Co., Chartered Accountants, issued an unmodified opinion on the audited financial results for both the Standalone and Consolidated entities.Financial Performance Highlights Standalone Financial Results The standalone results for the quarter and the year ended March 31, 2026, reflect the company's financial...

Mahindra Group Reports Strong Performance Across Auto, Farm Equipment, and Trucks in May 2026 Mahindra & Mahindra Ltd. reported robust sales figures across its core businesses, including Passenger Vehicles, Tractors, and Trucks, for May 2026. The company noted sustained demand across its diverse portfolio, with notable year-over-year growth in multiple segments.Auto Sales Figures for May 2026 M&M Ltd. announced that its overall auto sales for May 2026 reached 99,636 vehicles, marking a 20% year-over-year (YoY) growth, including exports. In the Utility Vehicles segment, the company sold 58,021 vehicles in the domestic market, reflecting an 11% growth, and 59,573 vehicles overall, including exports. Domestic sales for Commercial...

Rajputana Stainless Limited Crosses Rs. 1,000 Crore Revenue Milestone; FY-26 Net Profit Rises 25.01% Rajputana Stainless Limited, a leading stainless steel manufacturer, announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported that its revenue from operations crossed the Rs. 1,000 crore mark, while the net profit for the fiscal year (FY26) increased 25.01% year-on-year (Y-o-Y) to Rs. 49.82 crore.The company’s robust performance reflects consistent operational excellence and disciplined growth across its business segments.Financial Performance Highlights For the financial year ending March 31, 2026, Rajputana Stainless Limited reported key financial figures significantly...

Kati Patang Lifestyle Announces Strategic Pivot, UK Stakes Increase, and Spirits Market Entry Kati Patang Lifestyle Ltd recently reported on a year of significant strategic expansion, deepening its footprint across India, and making a notable pivot into the premium spirits and wines market. The company highlighted its efforts to build a comprehensive beverage platform, moving beyond its core craft beer identity.During the financial year 2025-26, the company recorded substantial developments, including the launch of its Freedom Larger Motoverse Edition in Goa, marked by a culture-first market entry in collaboration with Royal Enfield. This debut product was showcased at the Motoverse 2025 festival in Goa. The brand plans to expand...

Escorts Kubota Reports Strong Volume Growth in Agri and Construction Equipment Markets Faridabad, June 1, 2026: Escorts Kubota Limited has reported strong sales volumes for its major business divisions for May 2026. The Agri Machinery Business registered significant growth, while the Construction Equipment Business also showed robust performance, reflecting continued demand in both agricultural mechanization and infrastructure sectors.Agri Machinery Business Performance In May 2026, the Agri Machinery Business Division of Escorts Kubota Limited sold 12,310 tractors, marking a growth of 18.9% compared to the 10,354 tractors sold in May 2025.Domestic tractor sales specifically reached 11,887 tractors, demonstrating a 22.5% growth...

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...