Markets

Suzlon Crosses 1 GW Partnership with Tata Power Following New 400 MW EPC Order Suzlon Energy Limited has crossed a significant partnership milestone with Tata Power Renewables (TPREL) after securing a new 400 MW wind energy project through its DevCo-led business model. This contract brings the cumulative partnership across four states to over 1 GW, reinforcing Suzlon's position in India's renewable energy sector.The repeat order is set to be executed in Anantapur district of Andhra Pradesh and represents a key segment of Suzlon’s rapidly growing operational footprint. By securing this project, Suzlon has advanced its "Suzlon 2.0 vision" through integrated development and execution capabilities.Key Details of the New ProjectThe new...

Duncan Engineering Ltd Receives Order from Bharat Petroleum for Refinery Expansion Project Duncan Engineering Limited has secured a supply order from Bharat Petroleum Corporation Limited, a Government of India undertaking, for its 'Bina Petchem and Refinery Expansion Project'. The contract involves supplying specialized components for the project.The order was awarded to Duncan Engineering on June 24, 2026. The components specified in the order include On-Off Floating Ball Valves, Trunnion Ball Valves, and Triple Offset Butterfly Valves.Bharat Petroleum Corporation Ltd., a domestic entity, issued the supply order totaling an estimated value of Rs. 5.54 Crore, exclusive of GST.The transaction details highlight several key aspects...

Board Meeting Scheduled to Discuss Voluntary Delisting of Valley Magnesite Company Ltd from Calcutta Stock Exchange Valley Magnesite Company Ltd has scheduled a meeting of its Board of Directors to consider the voluntary delisting of the company from the Calcutta Stock Exchange.The board meeting is set for Monday, June 29, 2026. The primary agenda item for the gathering is the discussion regarding the delisting of Valley Magnesite Company from the Calcutta Stock Exchange.In line with the company’s Code of Conduct to regulate, Monitor and Report Trading by Insiders, the trading window has been closed effective immediately and will remain shut until July 1, 2026.The company released this information in reference to its shareholders...

Silver ETFs Plunge Amid Metal Correction as Gold Drops, While Equity Markets Hold Steady Precious Metals Face Sharp Decline as Bullion Prices Slip Globally Gold and silver exchange-traded funds (ETFs) experienced a marked correction in morning trade on June 25, tracking significant weakness across domestic and global bullion markets. The decline was pronounced among precious metals investors, with Silver ETFs facing the steepest losses of the day. Gold ETFs also registered notable drops as market sentiment shifted against non-yielding assets.Silver ETFs were particularly vulnerable to the ongoing metal correction, with some funds declining by nearly 4 percent. This movement mirrors a sharp pullback in silver futures trading...

Auto Stocks Surge Amid Easing Crude Prices as Global Geopolitical Tensions Ease Auto and auto ancillary stocks witnessed a robust rally on Thursday, with prices climbing up to 4 percent. The significant surge was largely driven by falling crude oil prices, which uplifted investor sentiment across the sector. This favorable market movement saw the Nifty Auto index emerge as the top sectoral gainer of the session.Sector Rally and Index Performance The Nifty Auto index rose sharply by up to 2 percent during trading, successfully snapping a previous two-day decline that had previously stood at 1.19 percent. The rally underscored renewed optimism in the automotive sector. Fourteen out of the 15 constituents traded higher within the Nifty...

ESAF Small Finance Bank Allots ₹85 Crores in Non-Convertible Debentures via Private Placement ESAF Small Finance Bank Ltd has successfully completed the allotment of non-convertible debentures (NCDs) amounting to ₹ 85,00,00,000/- through a private placement. The decision was made by the Bank’s Allotment Committee on June 25, 2026.The issuance involves 8,500 listed and rated bonds, each having a face value of ₹ 1,00,000/- (Rupees One Lakh only). These debentures are designated as Basel II compliant lower Tier II subordinated bonds and carry an interest rate of 11.65% per annum.The NCDs were issued on a private placement basis and have been proposed for listing in the Negotiated Trade Reporting Platform under New Debt Market (NTRP) of...

Kotyark Industries Approves Bonus Issue of Equity Shares, Increases Paid-up Capital Kotyark Industries Limited announced the allotment of a significant bonus issue of equity shares following the approval by its Board of Directors. The decision was made on June 25, 2026, building upon shareholder approval achieved through postal ballot results declared on June 15, 2026.The company approved the allotment of 10,27,91,160 equity shares, which are fully paid-up at a face value of Rs. 10/- each. The bonus issue was offered in the ratio of 10:1 to eligible members whose names were recorded on the Register of Members as of June 24, 2026, the designated record date for the allotment.The successful issuance has led to a considerable increase...

Kajaria Ceramics Limited Shows Various Pending Investor Complaints as per SCORES Data Kajaria Ceramics Limited has multiple pending complaints against it across various categories of intermediaries and companies, according to data compiled on May 31, 2026. The grievances relate to several aspects of its business operations, including dealings with research analysts and matters concerning listed companies and equity issues.The company is facing pending complaints from nine different entities or intermediary types, categorized across areas such as Research Analysts and interactions involving Listed Companies. Complaints pending for more than three months were recorded against Kajaria Ceramics Limited on the specified date.The detailed...

Kaira Can Company Appoints Chandrahas Vinod Zaveri as Non-Executive Independent Director Kaira Can Company Ltd has appointed Mr. Chandrahas Vinod Zaveri as an Additional Director in the category of Non-Executive, Independent Director, following a meeting held by its Board of Directors on May 25, 2026.The appointment of Mr. Zaveri is based on the recommendation of the Nomination and Remuneration Committee. He was appointed effective June 25, 2026, for a first term of five consecutive years. The continuation of this role is subject to approval by shareholders at the ensuing 63rd Annual General Meeting.The company confirmed that Mr. Zaveri holds no relationship with any of the Directors and Key Managerial Personnel of Kaira Can Company...

SEBI Slams List: Companies and Intermediaries Face Months-Long Pending Investor Grievances SEBI has released a comprehensive list detailing companies and intermediaries that have received complaints pending for over three months as of May 31, 2026. The release underscores the regulator's ongoing focus on swift grievance redressal and corporate accountability in the financial markets. This public disclosure serves as a strong reminder to listed entities regarding timely complaint resolution processes.Entities Under Scrutiny: Research Analyst Firms The list details several research analysts and firms facing prolonged complaint periods. Two complaints are registered against Bilal Hussain Sadiq and Hussain Syed, categorized under Research...

Promoter Sells 5,25,000 Shares of Craftsman Automation Limited in Open Market Craftsman Automation Limited has announced that Mr. Srinivasan Ravi, a promoter and senior executive of the company, sold equity shares on the open market. The transaction involved the disposal of 5,25,000 shares by Mr. Ravi on June 23, 2026.The sale was conducted through the open market. Prior to the disposition, Mr. Srinivasan Ravi held a significant stake in Craftsman Automation Limited. Following the sale, his holding percentage in the company decreased from 40.15% to 38.14%.Mr. Ravi is identified as a Promoter of Craftsman Automation Limited. The transaction represents a component of shares carried by him across all three major stock exchanges where...

Gold Prices Plunge Below Key Mark as US Dollar Surge Sinks Gold-Linked Stocks Precious Metals Face Sharp Decline Amid Rate Hikes Concerns Shares of companies linked to gold, such as bullion producers and non-banking finance firms that rely on gold loans, traded lower on Thursday. This decline followed the continuous slide in international gold prices. The volatility was observed across key industry stocks following the major shift in commodity market sentiment.Hindustan Zinc led the losses among the listed stocks, registering a 3.5 percent drop to Rs 523.20. Manappuram Finance saw a slip of 1.5 percent, trading at Rs 313.45. IIFL Finance also registered weakness in the morning trade, falling by 1 percent to Rs 519.80.Gold and Silver...

Smt. Srividya V Ceases Senior Management Role at Bharat Petroleum Corporation Ltd Bharat Petroleum Corporation Ltd has reported a change in its senior management personnel. Smt. Srividya V has ceased her role as a Senior Management Personnel of the company.The transition became effective on June 24, 2026. Smt. Srividya V made this change following her appointment to another position. She is now serving as Director (Finance) at Hindustan Petroleum Corporation Limited.BPCL Stock Price Movement Shares of Bharat Petroleum Corporation Limited are climbing slightly at 10:52 AM, trading at ₹315.90 after gaining ₹0.20, which translates to a 0.06% gain. This movement comes amidst robust activity, with nearly 2.9 million shares traded in the...

Craftsman Automation Promoter Divests Shares in Open Market Mr. Srinivasan Ravi, identified as a Promoter, Chairman, and Managing Director of Craftsman Automation Limited, sold equity shares through the open market on June 23, 2026. The transaction involved the sale of 5,25,000 equity shares for a value of 4,85,62,50,000.The disposal was executed on the National Stock Exchange (NSE), and Mr. Ravi reported the trade as a change in his holdings.Prior to the open market sale, Mr. Ravi held 1,05,00,000 equity shares, representing a 40.15% stake in Craftsman Automation Limited. Following the disposal of 5,25,000 shares, his holding reduced to 99,75,000 shares, corresponding to a 38.14% shareholding.The details of Mr. Ravi’s holdings...

Max Financial Services Ltd Announces Board Meeting Date and Initiates Trading Window Closure Max Financial Services Ltd has scheduled a Board meeting to review and approve the un-audited financial results for the quarter ending June 30, 2026. The company also announced the closure of its trading window for designated personnel in adherence to internal policy.The Board of Directors meeting is set for Thursday, August 13, 2026. During this session, the company plans to consider and approve the un-audited financial results, which will cover both standalone and consolidated figures for the quarter ending June 30, 2026.Trading Window Closure Details In line with internal policies regarding insider trading prevention, Max Financial...

Saumya Consultants Ltd to Hold Board Meeting on Voluntary Delisting from Calcutta Stock Exchange Saumya Consultants Ltd has scheduled a Board meeting to discuss the potential voluntary delisting of the company from the Calcutta Stock Exchange (CSE). The board meeting is slated for Monday, June 29, 2026.The proposed discussion centers around the possibility of removing the company from the CSE.In line with the Company's Code of Conduct regulating trading by insiders, the management has announced that the trading window will be closed. This period of restricted trading will remain effective starting immediately and continuing until July 1, 2026.Stock Price Movement At the close of trade on Wednesday, Saumya Consultants Ltd settled...

Servotech Secures BEE 5-Star Rating for High-Efficiency DC EV Chargers Servotech Renewable Power System Limited, a leading manufacturer of EV charging and renewable energy solutions, has secured the prestigious 5-Star rating from the Bureau of Energy Efficiency (BEE) for its high-capacity DC Fast EV Chargers. The certification was granted under the BEE's EV Charger Star Labelling Programme, underscoring the company's commitment to developing highly efficient green mobility technology.The recognition applies to Servotech's ST-EVDC60KW and STEVDC120KW EV Charger models. These advanced chargers achieved a weighted average energy efficiency of 97%, placing them in the highest rating category within the programme. This significant...

Neo Infracon Ltd has seen an increase in its promoter stake following a recent acquisition of shares by Mr. Darshik D. Mehta. The transaction, which took place through the open market on June 23, 2026, saw the Promoter Group acquire additional voting rights, slightly increasing their holding in the company.The details of the shareholding status before and after the acquisition were confirmed, showing a modest increase in the promoter's stake. Mr. Darshik D. Mehta, acting as part of the Promoter Group, purchased 998 shares of the company.Prior to this purchase, the Promoter Group held 3,82,749 shares, constituting 7.21 percent of the total voting capital.The acquisition resulted in the promoter group's holding rising to 3,83,747...

SBI Conservative Hybrid Fund Surges to Lead Category as Debt Stability Fuels Stellar Returns SBI Conservative Hybrid Fund is currently dominating the competitive landscape of conservative hybrid mutual funds. As reported by ACE MF data on June 24, the fund delivered a robust one-year Compound Annual Growth Rate (CAGR) of 5.5 percent. This performance establishes it as the leader in this category, outperforming peers across key metrics.SBI's Commanding Lead in Conservative Hybrid Funds The success of the SBI Conservative Hybrid Fund is underscored by its massive scale and strong relative performance. The fund holds the largest assets under management (AUM) among the top five funds that meet the mandated minimum AUM criterion, reaching...

Nalwa Sons Investments Limited Closes Trading Window Ahead of Quarterly Results Nalwa Sons Investments Limited has announced the closure of its trading window for securities, a measure implemented to regulate insider trading ahead of the declaration of crucial quarterly results. The restriction on trading will take effect starting Wednesday, July 1, 2026.The company specified that the trading window remains closed until the second trading day following the announcement of the unaudited financial results for the quarter ending June 30, 2026. This measure aligns with internal corporate conduct codes intended to monitor and regulate insider transactions.Details regarding the declaration of these results, including the date of the Board...