Markets

NTPC Ltd Receives ESG Rating of '74.3' from CARE ESG Ratings Limited NTPC Ltd announced receipt of an Environmental, Social and Governance (ESG) rating of '74.3' from CARE ESG Ratings Limited. The rating assigned by the SEBI registered ESG Rating Provider reflects the Company's performance across Environmental, Social, and Governance parameters.The breakdown of the ESG rating, detailing the pillar wise weights and respective scores, is provided below:PillarWeightScoreEnvironment45%62.7Social30%84.0Governance25%83.6The overall rating category awarded to NTPC Ltd is 'Leadership'. This assessment gauges the Company's standing based on its operational performance against established ESG parameters.Stock Price Movement...

TCS Set for Strong Gains: Motilal Oswal Targets ₹3,000 Amid AI-Driven Transformation Wave Motilal Oswal has upgraded its outlook on Tata Consultancy Services (TCS), maintaining a 'BUY' rating while setting a high price target of ₹3,000. This target implies a potential 16% upside from the current market price of ₹2,589, underpinned by robust deal wins and strategic positioning in the burgeoning AI landscape.Financial Performance and Valuation Metrics TCS delivered steady financial results in FY26, reporting a 4QFY26 USD revenue of USD7.6b, reflecting 1.2% QoQ growth in CC terms. The EBIT margin for the fiscal year stood at 25% (FY26), maintaining an industry-leading margin level.The company's Addressable Market Cap is reported at...

ICRA Reaffirms Credit Rating for Unichem Laboratories Ltd's Bank Facilities ICRA, the credit rating agency, has reaffirmed its rating of A+ for the Rs. 180 crore bank facilities extended to Unichem Laboratories Ltd. The rating action pertains to the company's instruments, as detailed in a letter dated April 9, 2026.The rating committee reviewed the rating actions for the specified instruments of Unichem Laboratories Limited. The reaffirmed ratings are as follows:InstrumentRated Amount (Rs. crore)Rating ActionLong-term - Fund-based/Non-fund Based Facilities120[ICRAJA+ (Stable); reaffirmedLong Term - Unallocated Limits60[ICRAAt (Stable); reaffirmedTotal180The total rated amount across the mentioned instruments stands at...

Sahaj Solar Limited Reports Growth in Turnover for FY 2025-26 Sahaj Solar Limited has announced its financial performance for the fiscal year 2025-26, indicating robust growth across its standalone and consolidated turnovers. The company stated that the results reflect solid fundamentals and strategic growth initiatives.For the financial year 2025-26, the unaudited standalone turnover reached Rs. 389.84 crores. This marks a notable increase of 26.96% when compared to the Rs. 307.05 crores reported in the previous financial year, 2024-25, on a stand-alone basis.The consolidated performance also showed significant growth. The unaudited consolidated turnover for FY 2025-26 stood at Rs. 419.18 crores. This compares to Rs. 329.79 crores...

Securities Appellate Tribunal Orders Restoration of Listing for KD Leisures Ltd The Securities Appellate Tribunal at Mumbai passed an order on March 17, 2026, concerning an appeal filed by KD Leisures Limited against directions issued by BSE Limited. The appeal was before the Tribunal, which included Justice P. S. Dinesh Kumar as Presiding Officer, Ms. Meera Swarup, and Technical Member Dr. Dheeraj Bhatnagar.The appeal concerned an order dated August 22, 2024, and a letter dated October 23, 2024, from BSE directing the delisting of the Company's equity shares from the BSE platform due to non-compliance with LODR Regulations 2.During the proceedings, representatives for both sides addressed the Tribunal. Tomu Francis, an advocate for...

360 ONE WAM LTD Details Acquisition of Shares Capital Income Builder, the acquirer, reported details regarding share transactions for 360 ONE WAM LTD. The transaction details are structured around holdings before and after the acquisition.The shares of 360 ONE WAM LTD are listed on the BSE Limited and the National Stock Exchange of India.Share Holdings Before Acquisition Before the acquisition under consideration, Capital Income Builder held 4,730,130 shares carrying voting rights, representing 5.3197% of the total share/voting capital. There were no reported shares in the nature of encumbrance, voting rights otherwise than by shares, or warrants/convertible securities. The total holding before acquisition stood at 4,730,130 shares...

Nexus Opportunity Fund and Nexus Ventures III Sell Equity Shares of Delhivery Limited Nexus Opportunity Fund Limited and Nexus Ventures III, Limited, acting collectively as 'Sellers', have reported the sale of equity shares of Delhivery Limited. This transaction involves material changes in shareholding, as detailed in the regulatory filings.The filing provides details regarding the pre-acquisition holdings of the sellers in Delhivery Limited. Before the sale, Nexus Opportunity Fund Limited held 6,724,576 shares carrying voting rights, and Nexus Ventures III, Limited held 43,852,891 shares carrying voting rights. These initial holdings represented 0.90% and 5.86% of the total share/voting capital, respectively, equating to 0.88% and...

Mangalam Worldwide Ltd Empaneled as Vendor by QatarEnergy, BHEL, EIL, and GSFC Mangalam Worldwide Limited (MWL), a fully integrated stainless-steel manufacturer, has announced its empanelment with several leading global and domestic institutions, including QatarEnergy, Bharat Heavy Electricals Limited (BHEL), Engineers India Limited (EIL), and Gujarat State Fertilizers & Chemicals Limited (GSFC). These approvals significantly strengthen MWL's market positioning across the international energy, refinery, infrastructure, power, and industrial sectors.Chandragupt Prakash Mangal, Managing Director of Mangalam Worldwide Limited, stated that the empanelment with globally recognized institutions such as QatarEnergy, BHEL, EIL, and GSFC...

DSP Schemes Increase Holdings in Syngene International Limited Following Acquisition DSP Trustee Private Limited, acting as Trustee for various schemes including those managed by DSP Mutual Fund (DSPMF) and DSP Alternative Investment Fund (DSPAIF), has increased its stake in Syngene International Limited. The acquisition involved multiple DSPMF schemes, specifically citing DSP Large Cap Fund, DSP Equity Savings Fund, DSP Aggressive Hybrid Fund, DSP Nifty 500 Index Fund, DSP Nifty Healthcare Index Fund, DSP Nifty Smallcap 250 Index Fund, and DSP Nifty Midcap 150 Quality 50 Index Fund.The collective holding of these schemes increased to 5.03% of the paid-up capital of Syngene International Limited following the transaction that occurred...

Nippon India Mutual Fund Acquires Shares of ICRA LIMITED Nippon India Mutual Fund, acting through Nippon Life India Trustee Limited A/c, has purchased shares of ICRA LIMITED. The acquisition details were reported concerning a substantial acquisition of shares and falls under the purview of regulations pertaining to takeovers.The purchase transactions occurred over a period from July 08, 2025, to April 07, 2026.Acquisition Details Summary The acquisition was conducted through the Open Market. The core details regarding the target company, the acquirer, and the acquisition are presented below.MetricDetailTarget Company (TC)ICRA LIMITEDAcquirerNippon India Mutual Fund (through Nippon Life India Trustee Limited A/c)Acquirer...

Kotak Mahindra Mutual Fund Acquires Stake in Poonawalla Fincorp Limited Kotak Mahindra Mutual Fund (KMMF) has acquired equity shares in Poonawalla Fincorp Limited, securing a stake constituting more than 5.00% of the company's issued equity share capital. The acquisition was executed through KMMF's Schemes.The transaction details reveal that KMMF acquired the shares through the open market.A detailed look at the acquisition figures shows the following holdings:MetricBefore Acquisition Holding (Shares)Before Acquisition Holding (% w.r.t. total share/voting capital)Before Acquisition Holding (% w.r.t. total diluted share/voting capital)Shares carrying voting rights (Total a+b+c+d)401284404.9370%4.9370%Shares acquired...

Zydus Lifesciences Receives Overall ESG Rating of 68 from ESGRAIL Zydus Lifesciences Limited announced the receipt of its overall Environmental, Social, and Governance (ESG) rating from ESG Risk Assessments and Insights Limited (ESGRAIL). The rating update places the company at 68, reflecting a change from the previous year’s score of 66.The report detailing the ESG metrics was received on April 9, 2026, at 15:30 hours.The company confirmed that this assessment was conducted by ESGRAIL, a SEBI registered ESG Rating Provider. ESGRAIL independently prepared the report based on publicly available information, and Zydus Lifesciences Limited had not engaged the provider for this specific ESG rating exercise.The key rating data points...

TCS Poised for Major Gains: AI Monetisation Fuels Target Hike to ₹3,350 Amid Strong Momentum TCS is showing robust momentum, driven significantly by the accelerating monetization of Artificial Intelligence services. Choice Institutional Equities has reiterated a 'BUY' rating, elevating the target price to ₹3,350 on the back of strong deal wins and improving operational visibility.Analyzing TCS's Financial Upside Potential The firm's recent operational performance signals underlying strength, even amid macro uncertainties. Q4FY26 saw TCS report revenue of INR 707.0 Bn, beating the consensus estimate of INR 691.0 Bn. Furthermore, the EBIT figure stood at INR 178.9 Bn, surpassing the expected INR 175.0 Bn, marking a 2.2% development...

Fortune Hands Growth Fund Scheme I Acquires Shares in Swastika Castal Ltd Fortune Hands Growth Fund Scheme I has been reported to acquire shares in Swastika Castal Ltd. through a market purchase, as detailed in acquisition information concerning the target company.The details of the acquisition and the holdings of Fortune Hands Growth Fund Scheme I are presented below, providing a comparison of the holdings before and after the transaction.According to the provided data, the acquiring entity, Fortune Hands Growth Fund Scheme I, is not classified as belonging to the Promoter or Promoter Group of Swastika Castal Ltd. Shares of the target company are listed on the BSE SME.The transaction involved the acquisition of 10,000 shares...

Railtel Corporation Secures Work Order from Goa Building Welfare Board Railtel Corporation of India Ltd has secured a work order from The Goa Building And Other Construction Workers Welfare Board for the development of an exclusive online portal. The contract is classified as a domestic order.The work involves the development of an exclusive online portal for the Goa Building and Other Construction Workers Welfare Board. Key details regarding the secured order include the total size of the order, which amounts to Rs. 23,18,08,625/- (Including Tax).The execution timeline for this contract is set by 08-JUN-26. Railtel received the Work Order on 09-APR-26 at 17:27.The details of the work order secured from The Goa Building And Other...

Garment Mantra Lifestyle Reports Export Revenue of 2132.72 Crores for FY 26 Garment Mantra Lifestyle Limited announced its financial performance for the financial year (FY) 26, reporting consolidated export revenues of 2132.72 Crores. The company stated that this figure reflects a significant revenue growth of approximately 60% on a year-on-year basis, indicating strong business momentum.The growth trajectory was attributed by the company to a robust order book, enhancements in product offerings, and the strengthening of relationships with global buyers.Mr. Prem Aggarwal, Managing Director of Garment Mantra Lifestyle Limited, commented on the performance, noting that the exports crossing 130 Crores milestone reflects the trust...

Park Group Launches Advanced Hospital in Panchkula Amid Mohali Expansion, Bolstering Tricity Healthcare Network Park Group of Hospitals has launched an advanced multi-super specialty hospital in Panchkula, coinciding with the ongoing expansion of its Mohali facility. This move aims to strengthen access to advanced healthcare services throughout the Tricity region. The new facility was developed to meet the increasing demand for tertiary and quaternary care across Haryana, Punjab, Himachal Pradesh, and Chandigarh, thereby reducing patient reliance on major metro cities like Delhi for advanced medical treatments.The Panchkula hospital features advanced diagnostics, modular operation theatres, and critical care infrastructure. It is set...

CRISIL Upgrades Sammaan Capital Limited to AA+ Following Strategic Investment Credit rating agency CRISIL, a company of S&P Global, has upgraded the credit rating for the long-term debt programme of Sammaan Capital Limited to CRISIL AA+/Stable.The upgrade comes after the consummation of a preferential issue and the acquisition of a controlling stake by International Holding Company (IHC) through its owned and controlled company, Avenir Investment RSC Ltd, which establishes IHC as the promoter of the Company.In its rating upgrade of Sammaan Capital Limited, which is now an IHC Group company, CRISIL cited several key factors. These included the strategic importance to, strong support from, and brand linkage with the IHC Group, along...

Mini Diamonds Secures INR 14.00 Crore Domestic Order for Fancy Coloured Lab Grown Diamonds Mini Diamonds (India) Ltd. has secured a significant domestic order valued at INR 14.00 Crores for the supply of fancy coloured cut and polished lab grown diamonds. The order was received on April 9, 2026, from an existing client based in Mumbai.This development underscores the company's growing domestic business and the increased market acceptance of its lab-grown diamond offerings, which are supported by transparent specifications, consistent quality assurance, and competitive pricing. The repeat business from an existing client signals commercial confidence, as the order profile moves beyond previous product segments.Management noted that...

Mobilise App Lab Limited Signs Non-Exclusive Distribution Agreement with KEENON (Hong Kong) Limited Mobilise App Lab Limited has entered into a Non-Exclusive Distribution Cooperation Agreement with KEENON (Hong Kong) Limited. This partnership authorizes Mobilise to handle the distribution, deployment, and after-sales servicing of AI-powered autonomous service robots across India's territory.Under the terms of the agreement, Mobilise has been appointed as the authorized non-exclusive distributor responsible for several key areas concerning KEENON's service robot products.Key responsibilities under the cooperation agreement include:Sales and marketing of KEENON's service robot products Product installation and deployment Technical...