Markets

Sky Gold and Diamonds Reports Strong Q1 FY27 Results Amid Leadership Changes and Strategic Shifts Sky Gold and Diamonds Limited, a leader in manufacturing casting gold jewelry, has announced its unaudited financial results for the first quarter of Fiscal Year 2027 (Q1 FY27). The company reported robust performance across key operational indicators while making significant moves regarding organizational governance and leadership.The Q1 FY27 results reflect substantial year-on-year growth in revenue and profitability, as detailed in their financial statements.Financial Performance Highlights (Q1 FY27) The consolidated Profit & Loss Statement highlights significant increases in profitability compared to the previous fiscal year and the...

Connplex Cinemas Limited Opens New Cinema in Darbhanga with Advanced Technology Connplex Cinemas Limited, previously known as VCS Industries Limited, has announced the opening of a new cinema facility located in Darbhanga, Bihar.The cinema complex features three screens and is equipped with a total capacity of 302 seats. This expansion marks a significant step for the company in the regional market.The new cinema hall utilizes advanced technology to enhance the viewing experience. It includes high-performance sound systems, cutting-edge technology integration, and an advanced Dolby 7.1 audio system, alongside dedicated 3D screen capabilities.CONNPLEX Stock Price Movement On Friday, Connplex Cinemas Limited shares slipped 0.39%...

Sky Gold and Diamonds Reports Robust Q1 FY27 Results; Revenue Rises 78% and Operations Turn Cash Flow Positive Mumbai, August 9, 2026: Sky Gold and Diamonds Limited, a listed B2B gold jewellery manufacturer, has announced its consolidated financial results for the quarter ended June 30, 2026. The company started FY27 with strong growth in revenue and profitability, attributing success to sustained demand from organized jewellery retailers, consistent execution across its manufacturing platform, and focus on lightweight and value-added jewellery segments.The Q1 FY27 results highlight significant expansion across various metrics, positioning the company amidst a shift toward design-led consumption and capital-efficient growth within the...

Sky Gold And Diamonds Ltd Grants 5,508 Stock Options Under 'SKY GOLD ESOP 2024' The Nomination and Remuneration Committee (NRC) of Sky Gold And Diamonds Limited approved the grant of employee stock options under the 'SKY GOLD ESOP 2024' scheme. This decision was made during a meeting held on August 9, 2026, which commenced at 11:00 AM IST and concluded at 11:05 AM IST.The NRC approved granting a total of 5,508 stock options to eligible employees of the company under the Employee Stock Option Plan 2024 ('SKY GOLD ESOP 2024'). The scheme is structured for the benefit of its workforce and adheres to regulations pertaining to share-based employee benefits.The details regarding the granted options are as follows:ParticularsDetail...

Quality Power Approves Q3 Results, Declares Interim Dividend; Boosts Operations and Announces CTO Appointment Quality Power Electrical Equipments Limited announced the outcome of its recent Board meeting, approving its unaudited financial results for the quarter ended June 30, 2026. The Board expressed appreciation for the strong operational performance despite ongoing volatility in raw material prices. The company also approved a significant interim dividend and provided updates on capacity expansion projects and key executive appointments.The board reviewed the Company’s current business health, noting an order book position of approximately ₹ 1,900 crore, supported by a robust enquiry pipeline and sustained demand visibility across...

Shalimar Paints Ltd. Board Meeting Scheduled to Discuss Q2 Results and Future Fundraising Plans Shalimar Paints Ltd has announced that its Board of Directors will meet on Wednesday, August 12, 2026. The meeting is scheduled to consider and approve the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026.The board agenda includes not only reviewing the financial results but also evaluating strategies for raising funds. The company intends to review options including the issue of equity shares or any other eligible securities or instruments. This fundraising effort could take several forms, such as a composite issue involving non-convertible debentures and warrants, qualified institutions...

Hindustan Zinc Limited Restrictions Released Following Rescission of Facility Agreement<p>Hindustan Zinc Limited (HZL) has confirmed that all restrictions previously placed on the company, stemming from a Facility Agreement, have been released. This follows the repayment and subsequent rescission of the facilities under the agreement.</p><p>The updates concern a Facility Agreement dated December 30, 2025, which covered facilities aggregating up to USD 80 million. The original obligations placed on HZL were related to the rescission of this Facility Agreement. As per the terms of that facility arrangement, Hindustan Zinc Limited was among the entities whose actions and activities were restricted unless specifically permitted within...

Studds Accessories Limited Releases Unaudited Financial Results for Quarter Ended June 30, 2026 Studds Accessories Limited has announced the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company's Board of Directors approved these results during a meeting held on August 08, 2026.The company published the financial results in the newspapers Financial Express (English) and Jansatta (Hindi). These advertisements were released today, August 09, 2026. The Unaudited Standalone and Consolidated Financial Results are also available on the company’s website.STUDDS Stock Price Movement Studds Accessories Limited shed 1.49% in trading, closing on Friday at ₹438.75 as the equity moved down...

Central Govt Releases ₹1,178 Crore Boost to Karnataka SC Students through Direct Benefit Transfer Scheme Significant Funds Released for Post-Matric Scholarship in Karnataka The Government has officially reported that a total Central share of ₹ 1,178.20 crore has been released to beneficiaries in Karnataka under the Centrally Sponsored Post-Matric Scholarship Scheme for Scheduled Caste (SC) students. This release covers funds allocated over the last three financial years.Shri Ramdas Athawale, Minister of State for Social Justice and Empowerment, provided these crucial details during a response to Unstarred Question No. 2050 in the Rajya Sabha concerning Central funding for Scheduled Caste welfare in Karnataka.The centralized support...

Sky Gold Releases Q1 2026 Financial Results; Total Comprehensive Income Stands at 10,235.92 Lakhs Sky Gold and Diamonds Limited (formerly known as Sky Gold Limited) announced its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company reported figures across both segments, with the consolidated entity reporting a total comprehensive income of 10,235.92 lakhs.The Board of Directors reviewed and approved these results on August 9, 2026, which have been subjected to a Limited Review by statutory auditors.Financial Performance Overview (Standalone) The standalone results for Sky Gold and Diamonds Limited show the company generating Total Income of 144,692.05 lakhs during the quarter...

IPO Rush Accelerates: Can Investors Tap Into Rs 7,681 Crore Offerings from Dhoot Transmission and Shiprocket? India's primary market is poised for an intense week as nine companies launch Initial Public Offerings (IPOs), collectively aiming to raise a massive Rs 7,681 crore across the mainboard and SME platforms. This concentrated influx of issues presents both opportunities and challenges amid what is shaping up to be one of the most active listing periods recently.Major Mainboard Listings Dominate The Week Ahead The IPO pipeline features several high-profile listings, with Dhoot Transmission set to lead the charge. This significant mainboard issue opens on August 10 and closes by August 12. It is designed to raise Rs 3,066.89 crore...

Key Personnel Changes at Suryoday Small Finance Bank Limited: Director Completes Term, Company Secretary Resigns Suryoday Small Finance Bank Limited announced significant changes concerning its senior management and board representation. The bank reported the retirement of a Non-Executive Independent Director upon completing his tenure, alongside the resignation of the Company Secretary and Compliance Officer due to career opportunities elsewhere.Mr. John Arunkumar Diaz, who served as a Non-Executive Independent Director of the Bank, ceased holding office effective August 09, 2026. His departure followed the completion of his second term, which concluded on August 08, 2026. Mr. Diaz's retirement was noted as being due to attaining the...

FSN E-Commerce Ventures Ltd Allots 2,26,200 Equity Shares Following Employee Stock Option Exercise FSN E-Commerce Ventures Limited has increased its issued and paid-up share capital following the allotment of equity shares. The company reported that the Nomination and Remuneration Committee allotted 2,26,200 Equity Shares on August 09, 2026.The shares were allotted subsequent to the exercise of vested stock options by employees under the company's Employee Stock Option Scheme. As a result of this action, FSN E-Commerce Ventures Limited has increased its paid-up share capital.The newly allotted Equity Shares are stated to rank pari passu with all existing equity shares of the company in every respect.NYKAA Stock Price Movement On...

Biodiversity ABS: NBA Funds Agribusiness Sector as Rs 3.79 Crore is Disbursed for Crop Genetic Resources The National Biodiversity Authority (NBA) has finalized a significant disbursement of approximately Rs 3.79 crore under the Access and Benefit Sharing (ABS) mechanism. These funds have been allocated to 33 State Biodiversity Boards (SBBs) and Union Territory Biodiversity Councils (UTBCs). The release also includes grants to NBPGR-ICAR and the Hisar Bovine Sperm Station, supporting crucial biodiversity conservation efforts nationwide.This financial movement directly links corporate activities in agriculture with grassroots conservation in India. The ABS amount was generated by several corporations, including M/s Bayer Science and...

IDFC First Bank Schedules Series of Global Investor Conferences in August 2026IDFC First Bank Limited has announced a schedule for various investor and institutional conferences spanning August 2026, connecting with analysts and institutional investors globally. The meetings are set across multiple international and domestic venues throughout the month.The scheduled events include a series of investor conferences dedicated to different investment firms and corporate days. Key engagements listed for IDFC First Bank include:Nuvama India Investor Conference on August 11 and 12 in Singapore, followed by another session of the Nuvama India Investor Conference on August 13 in Hong Kong. The Equirus Annual India Conference - 2026 on...

Jio Financial, Power Grid Lead Massive Dividend Week as Nearly 90 Stocks Turn Ex-Record Date Nearly ninety companies are set to turn ex-record dates for various corporate actions this week, signalling a significant period of dividend payouts for investors. The concentrated flurry of these events spans from Monday, August 10, to Friday, August 14. Investors keen on securing the proceeds must ensure their holdings in these companies are present in their demat accounts by the designated record date.The sheer volume of payouts highlights a robust corporate action period across various sectors. This week’s list remains tentative, however, as more companies may announce dividend declarations, bonus issues, or stock splits later this week...

FPI Buying Spree Reverses Trend as ₹12,921 Cr Inflows Signal Investor Confidence Amid Macro Improvements Foreign Portfolio Investors (FPIs) have demonstrated a significant shift in sentiment toward Indian equities. They injected Rs 12,921 crore into the market during the first week of August. This influx follows robust investments totaling Rs 20,200 crore recorded in July. The inflow marks a critical turnaround after several consecutive months marked by heavy foreign divestment.Reversing Divestment: Macro Factors Fueling FPI Inflows The recent period of buying comes after FPIs were massive net sellers during the preceding quarters. Outflows included Rs 49,340 crore in June and a considerable amount of Rs 60,847 crore in April. March...

State Bank Surges as Four Top-10 Firms Gain Rs 1.43 Lakh Crore Amid Market Volatility Markets concluded a volatile week with moderate gains, driven by sectoral strength despite lingering geopolitical uncertainties and the rollout of the new Closing Auction Session (CAS) framework for F&O stocks. The BSE Sensex finished up 404.53 points, marking a gain of 0.51 per cent. Simultaneously, the NSE Nifty saw an increase of 187.05 points, recording a robust rise of 0.76 per cent.The collective market capitalization (mcap) of four crucial firms among the top-10 most valued companies jumped by Rs 1.43 lakh crore last week. State Bank of India (SBI) emerged as the biggest winner in this performance segment, signaling significant investor...

BEML Land Assets Limited issues notice for 5th Annual General Meeting BEML Land Assets Limited has published a newspaper advertisement providing notice to shareholders regarding the Company's 5th Annual General Meeting.The announcement was made on August 8, 2026. The notice was circulated through two major publications: Financial Express (English - All India Edition) and Eesanje (Kannada - Bengaluru Edition), which was scheduled for publication that evening.BLAL Stock Price Movement BEML Land Assets Limited shed 0.24% on Friday, completing the session at ₹171.41 after falling by ₹0.42 from its previous close. The stock saw a trading volume of 11,451 shares in the prior market phase.

Axis Solutions Secures ₹400 Crore Project from NKG Primus JV, Leveraging Advanced Indigenous Technology Axis Solutions Limited has secured a significant project valued at ₹400 Crore, ordered by M/s NKG Primus JV. The contract underscores the company's capability in providing advanced industrial solutions across power, oil and gas, petrochemicals, water, wastewater, and process industries, with an emphasis on indigenous technology content.The order forms part of Axis Solutions Limited’s pipeline of large project wins. The execution model involves a combination of ASL's proprietary engineered technology and specialized external domain experts. While qualified agencies will handle civil works, ASL is responsible for the engineering...