Markets

Amrapali Industries Attributes Stock Price Movements to Prevailing Market Trends; Confirms No Undisclosed Information Amrapali Industries Ltd has clarified the recent movement in its stock price, stating that such trends are attributable to general market conditions rather than any internal company actions. The company confirmed that there is no undisclosed price sensitive information or impending corporate action that would affect the price and volume behavior of its scrip at this time.The clarification addressed queries regarding the company's operations and adherence to relevant regulations following stock performance volatility. Amrapali Industries stated that the recent changes in its share price appear linked to prevailing...

CARE Ratings Reaffirms Credit Rating for HMA Agro Industries Ltd Following Bank Facility Enhancement CARE Ratings Limited has reaffirmed the credit ratings assigned to the bank facilities of HMA Agro Industries Ltd after reviewing the company’s operational and financial performance for FY26. The rating action was communicated on June 23, 2026, consequent to the enhancement of the company's credit facilities.The rating reaffirmation pertains to both long-term/short-term bank facilities and short-term bank facilities. CARE Ratings Limited conducted the review based on the recent developments within HMA Agro Industries Ltd.Key details of the reaffirmed ratings for the various banking facilities are presented below:Facility...

E To E Transportation Declared L1 for ₹48 Crore Railway Signal and Telecommunication Project E To E Transportation Infrastructure Limited has been declared the lowest bidder (L1) by Eastern Railway, Malda Division, for a significant contract involving Electronic Interlocking (EI) systems. The work centers on improving infrastructure across several stations in the Malda Division of Eastern Railway.The contract encompasses specialized Signal and Telecommunication work, specifically focusing on the provision of EI systems as per RDSO/SPN/192/2019 with the latest amendments. The project involves four key stations: Gangwara (GGWA) in the Hansdiha - Prayahat section; Panjwara (PJLE) in the Barahat Mandarhill section; Gonudham (GIF) in the...

Promoters Sell Shares of Knowledge Marine & Engineering Works Ltd; Total Holding Decreases to 51.56% Promoters in the Knowledge Marine & Engineering Works Limited successfully executed an open market transaction involving the sale of equity shares, resulting in a reduction of their collective holding percentage. The sale was conducted on June 19, 2026, with the company being listed on BSE and NSE.The total sale involved 5,12,820 equity shares through a bulk open market transaction. This disposal saw two key promoters participate in the transaction: Kanak Kewalramani and Dinesh Kewalramani, who belong to the Promoter Group.Kanak Kewalramani sold 3,45,620 equity shares, while Dinesh Kewalramani sold 1,67,200 shares. These sales...

Unicommerce and Swiggy Networks Partner to Streamline B2B Order Processing for Brands Unicommerce Esolutions Limited has partnered with Swiggy Networks Limited, a subsidiary of Swiggy, to simplify the management and fulfillment of B2B orders for brands operating within the Swiggy Networks ecosystem. The integration aims to provide these brands with enhanced operational efficiency across their supply chain requirements.The partnership enables brands to manage and fulfill bulk orders destined for Swiggy Networks' warehouses through Unicommerce’s centralized dashboard. By providing a plug-and-play setup, the system integrates several critical processes, including purchase order hygiene checks and verification, warehouse processing...

Promoter Acquirer Increases Stake in Goldline Pharmaceutical Ltd Through Open Market Purchase Swapan Khandelwal, a Whole Time Director and Promoter of Goldline Pharmaceutical Limited, has increased his stake in the company following an open market purchase on June 22, 2026.The promoter acquired 60,000 equity shares of Goldline Pharmaceutical Limited. This transaction represents 0.62% of the total paid-up shares capital of the company.Prior to the acquisition, Mr. Khandelwal's holding stood at 2,749,988 shares, equating to 28.65% of the company’s total paid-up share capital.Following the purchase, his cumulative holding increased to 2,809,988 shares, which corresponds to a 29.27% stake in Goldline Pharmaceutical Limited.The...

Godrej Industries Ltd Allots ₹100 Crores Each in Two Series of Unsecured Non-Convertible Debentures Godrej Industries Limited has announced the allotment of two series of unsecured, redeemable, and non-convertible debentures (NCDs). The Issue, conducted via private placement, involves a total issue size of ₹500 crore across both series.The Management Committee of the Board of Directors approved the allotment on June 24, 2026. The debentures are being issued to investors and are intended for business purposes, investments in body corporate(s), repayment or pre-payment of certain loans, and general corporate needs.Details of Non-Convertible Debentures (NCD) Allotment The Company has introduced two distinct series of NCDs, both bearing...

Amazon's Quick Commerce Blitz: Service Now Ramps Up to 300 Cities Amid Intense Indian Market Battle Amazon is accelerating its strategic push into the quick commerce space in India. The company has announced ambitious plans to expand its 'Now' delivery service to over 300 cities. This rapid expansion comes as intense competition mounts across the market, with rivals aggressively targeting smaller and Tier-2 markets beyond the major metropolitan hubs.This latest target signals a significant acceleration of Amazon’s infrastructure buildout. Previously, in April, Amazon had aimed for 100 cities and planned to scale its micro-fulfillment network to over 1,000 centers. The leap to 300 cities highlights the urgency with which Amazon intends...

Gala Precision Engineering Limited: Promoter Group details shareholding and acquisition status The Promoter Group of Gala Precision Engineering Limited has disclosed comprehensive details regarding its acquisition and post-acquisition holding in the company, covering various promoter members and associated entities. The information details the percentage holding of each entity before and after the shares were acquired by the group members.The Acquirers and Persons Acting in Concert (PAC) include several members of the Promoter Group, such as Kirit Vishanji Gala, Smeet Kirit Gala, Rumie Kirit Gala, Taramati V Gala, Nayna Gala, Alpa Kiran Chheda, Saloni Kirit Gala, Kirit VGala HUF 7 Madhu Ashar, Manisha Madhu Ashar, Anubhuti Gandhi...

Sampann Utpadan India Sells Wind Mill Segment to Viviid Green Power and Emissions Reduction Universal Sampann Utpadan India Ltd., formerly known as S. E. Power Ltd., has approved the sale of its Non-Conventional Energy (Wind Mill) segment. The transaction involves selling the business unit, focused on operations in Karnataka and Rajasthan, to two entities: Viviid Green Power Private Limited and Viviid Emissions Reduction Universal Private Limited.The Board meeting regarding the disposal formalized the agreement, which was signed on June 24, 2026. Expected completion of the sale is set within six months from the date of the Board Meeting.The segment being sold, Non-Conventional Energy (Wind Mill), contributed Rs. 28.50 Lakh to the...

Oberoi Realty Surges as RERA Greenlights Major Gurugram Project, Signaling Geographic Diversification Regulatory Milestone Boosts Investor Confidence in Oberoi Realty Stock Shares of Oberoi Realty experienced a significant upward movement on June 24 after the company secured RERA approval for its upcoming real estate venture in Gurugram. This regulatory achievement is being viewed as a critical milestone by investors and analysts alike.The approval specifically relates to Oberoi's 360 North project, which represents the firm's inaugural entry into the burgeoning Gurugram market. Achieving this clearance on the HRERA website allows the company to move forward decisively with its plans.This development is crucial as it unlocks...

FMCG Giants Surge in Ad Spends, Vying for Dominance in Quick Commerce Battleground The Rise of Digital Marketing for FMCG Brands The landscape of Fast-Moving Consumer Goods (FMCG) is rapidly shifting, with brands increasingly leveraging digital and quick commerce platforms. These channels have become critical not only for sales but also as key points of product discovery. Major players like Nestle India, Dabur India, and Hindustan Unilever are actively increasing their advertising and promotional expenditures to maintain relevance and drive growth in this highly competitive environment.Quick commerce platforms have seen a significant boom in advertising revenue over recent years, establishing brand spends as a core component of their...

Sreeram Reddy Vanga Acquires Shares in Photon Capital Advisors Limited, Increasing Stake Post-Transfer Sreeram Reddy Vanga has acquired a significant stake in Photon Capital Advisors Limited through the off market transfer of shares. The acquisition was formalized on June 18, 2026, resulting in Mr. Vanga's increased holding in the company.The transaction involved Sreeram Reddy Vanga acquiring 9,97,000 equity shares of Photon Capital Advisors Limited. This acquisition pertains to the transfer of shares from an escrow demat account—which was maintained for a previously conducted Open Offer under SEBI (SAST) Regulations, 2011—into Mr. Vanga's personal demat account upon the completion and closure of that Open Offer process.Prior to...

Cube Highways Trust Project SPV Concession Period Expires; Handover Process Initiated for Western UP Tollway The concession period for Western UP Tollway Private Limited (WUPTPL), a Special Purpose Vehicle (SPV) of Cube Highways Trust, concluded on June 23, 2026. This marks the end of the contractual agreement signed between WUPTPL and the National Highways Authority of India (NHAI).The project involves the BOT (Build-Operate-Transfer) engagement for the four-laning of the Meerut to Muzaffarnagar section of NH 334, which was previously part of NH 58, located in Uttar Pradesh. The total length of the carriageway covered by the agreement is 77.8 kilometers.WUPTPL was established on April 20, 2005. Originally incorporated as a public...

Promoter Entities Execute Inter-Se Transfer of Shares in Siemens Energy India Limited Siemens Energy India Limited, a publicly listed company, witnessed an inter-se transfer of shares on June 23, 2026. The transaction involved promoter entities and was conducted through an off-market purchase.The acquisition pertains to the share capital of Siemens Energy India Limited, where both the seller and the acquirer are promoters of the Target Company.Transaction Details and Shareholding Changes The transfer constitutes a significant movement in equity ownership between the respective promoter groups. The shares carried voting rights were acquired as part of this off-market inter-se transaction, which was executed on June 23, 2026...

Global Oil Demand Softens as Asian Refiners Slow Middle East Crude Purchases amid Hormuz Easing Fears Asia's Buying Spree Ends as Majors Absorb Surplus Crude Barrels Asian refiners have significantly moderated their purchases of Middle Eastern crude after a robust buying period spanning the last three weeks. This shift comes as oil majors and specialized trading houses step in to absorb much of the available surplus barrels.Traders familiar with the commodity markets indicated that purchases from Abu Dhabi National Oil Co. (Adnoc) eased following its first three tendering rounds. The upcoming fourth tender, scheduled to close this week, is expected to follow a similar pattern of moderated demand.Major players such as Shell Plc and...

Ramdevbaba Solvent Limited Increases Stake in RBS Renewables Private Limited, Boosting Holding to 64.82% Ramdevbaba Solvent Limited has acquired an additional equity stake in its subsidiary company, M/s RBS Renewables Private Limited. This acquisition is intended to give the parent company better control over the entity. The Board of Directors approved the transaction on June 24, 2026.Following the purchase, Ramdevbaba Solvent Limited's aggregate shareholding in RBS Renewables Private Limited will increase from 50.82% to 64.82%. This growth was achieved through the acquisition of an additional 14% equity shares from existing shareholders of M/s RBS Renewables Private Limited.The total cost of this acquisition stands at Rs...

Khaitan Chemicals & Fertilizers Limited Announces 44th AGM and Dividend Recommendation Details Khaitan Chemicals & Fertilizers Limited has announced key dates for its upcoming Forty-Fourth Annual General Meeting (AGM) and detailed the dividend recommendation for shareholders. The company's board had recommended a dividend of Rs. 0.05 per equity share, subject to approval by members at the AGM.The Board of Directors, during a meeting held on April 23, 2026, proposed the dividend as part of the company’s resolutions for shareholders’ consideration. The total recommendation was based on the equity share having a face value of Rs. 1, translating to a 5% dividend.The AGM is scheduled to be held on Tuesday, July 21, 2026, at 11:00 AM and...

India Accelerates Natural Capital Accounting: MoSPI Unveils Methodology for Valuing Strategic Mineral Assets The Ministry of Statistics and Programme Implementation (MoSPI) has released a critical Discussion Paper titled "Methodological Approaches for Compilation of Monetary Asset Accounts of Coal in India." This initiative represents a major step towards embedding sustainable resource valuation into India's national statistical framework, aligning with the globally endorsed System of Environmental-Economic Accounting (SEEA) Central Framework.The paper aims to move beyond physical accounting. Building on existing work through EnviStats India and Energy Statistics India, MoSPI is now initiating experimental monetary valuation for...

Denta Water Clarifies Stock Price Movements Attributing Volatility to Market Sentiment Denta Water and Infra Solutions Limited has addressed recent inquiries regarding its share price movements, clarifying that all material information required for disclosure has been provided to the exchanges.The company stated that it has disclosed all events and information, including any price sensitive and material data, without withholding any announcements or impending disclosures that could potentially affect the price or volume behavior of the stock.In addressing market volatility, Denta Water affirmed that the movement in its share price is purely due to prevailing market conditions and overall market sentiments, characterizing it as...