Markets

Praxis Home Retail Limited Approves ESOP Increase, Details Q2 Results and Future Fund Raising Plans Praxis Home Retail Limited held its Board of Directors meeting on August 7, 2026, approving several key corporate initiatives, including an increase in the employee stock option pool, setting the date for its Fifteenth Annual General Meeting (AGM), and detailing options for future fund raising. The company also released its Unaudited Financial Results for the quarter ended June 30, 2026, which highlighted operational expenditures against total income.The Board meeting considered and approved the amendment to the Praxis Employee Stock Option Plan - 2024. Based on recommendations from the Nomination and Remuneration Committee, the company...

DCM Nouvelle Limited Approves Q3 Un-Audited Results; Reports Performance Across Textiles and Chemicals Segments DCM Nouvelle Limited has announced the approval of its un-audited financial results for the quarter ended June 30, 2026. The company's Board of Directors reviewed these outcomes, which encompass both standalone and consolidated performance data, including detailed breakdowns across operating segments.The management confirmed that the un-audited financial results were prepared in compliance with Indian Accounting Standard 34 (Ind AS 34), Interim Financial Reporting, and subsequent requirements. The company's business operations are structured within a single operating segment: textiles.Standalone Quarterly Performance The...

Hinduja Global Solutions Reports Q1 FY2027 Results, Highlights AI Focus and MENA Region Expansion Mumbai, August 7, 2026 — Hinduja Global Solutions (HGS) today announced its unaudited financial results for the first quarter of Fiscal Year 2027. The company reported revenue from operations at Rs. 1,050.4 crore and total income of Rs. 1,201.2 crore.The Q1 performance saw HGS focus on disciplined execution, cost optimization, and AI-embedded client engagements, aligning with the company's new brand positioning centered around Intelligent Experience. The group also strengthened its international footprint by expanding into the Middle East and North Africa (MENA) region.Financial Performance Summary Consolidated figures show the...

Jindal Drilling Reports Consolidated Financial Results for Q ended June 30, 2026; Announces AGM Jindal Drilling and Industries Limited (JDIL) has announced the outcome of its Board Meeting held on August 7, 2026, confirming the approval of its unaudited Standalone and Consolidated financial results for the quarter ended June 30, 2026. The company also scheduled its 42nd Annual General Meeting (AGM) for September 15, 2026.The Board of Directors reviewed and approved the interim financial results, which include a Limited Review Report issued by M/s Kanodia Sanyal & Associates, the Statutory Auditors of the Company. The Board meeting commenced at 4:35 P.M. and concluded at 5:10 P.M.In addition to the operational updates, JDIL provided...

Molbio Diagnostics Secures ₹281 Cr from Global Giants as IPO Looms Amid Tech Expansion Plans Point-of-care diagnostics firm, Molbio Diagnostics Ltd., has secured a significant tranche of capital, raising ₹281.5 crore from anchor investors ahead of its Initial Public Offering (IPO).The company allotted 34.88 lakh equity shares to 33 diverse anchor institutions at the upper end of the price band, which was set at ₹807 apiece, as disclosed via a circular uploaded on the BSE website.Strong Anchor Investor Participation Signals Market Confidence The successful fundraising highlights strong confidence from institutional players in Molbio's technology and market positioning.Among the prominent anchor investors include global heavyweights...

Commercial Bank Credit Surges at 17% as RBI Intensifies Liquidity Management Amid Forex Stability The Reserve Bank of India (RBI) released its Bulletin Weekly Statistical Supplement, providing a detailed snapshot of domestic financial health, foreign exchange reserves, and banking sector activity. The data highlights robust growth in bank credit to the commercial sector, while the central bank actively managed liquidity through various operations as of early August 2026.Foreign Exchange Reserves Maintain Stability Amid Asset Diversification Total Foreign Exchange Reserves stood at a substantial ₹ 6612148 Crore. The reserve composition demonstrates careful diversification across assets. Foreign Currency Assets reported significant...

Raymond Realty Reports Strong Q1 FY27 Performance Driven by Booking Value Growth Raymond Realty Limited announced its unaudited financial results for the first quarter of fiscal year 2027 (Q1 FY27), ending June 30, 2026. The company reported robust operational momentum and significant growth across key financial indicators, demonstrating strong demand within the Mumbai Metropolitan Region (MMR).Key metrics for Q1 FY27 showed substantial increases compared to Q1 FY26, driven by a focus on strategic asset-light growth and disciplined project execution.Financial Performance Highlights The company reported a 37% year-on-year (YoY) increase in Total Income and a significant surge in EBITDA.ParticularsQ1 FY27Q1 FY26YoY ChangeTotal...

RBI Slaps Monetary Fine on Utsav Securities for Regulatory Lapse in Data Submission RBI Penalizes Utsav Securities Over Non-Compliance Directives The Reserve Bank of India (RBI) has imposed a monetary penalty on Utsav Securities Limited. The fine amounts to ₹ 3.90 lakh (Rupees Three lakh ninety thousand only). This action follows an order issued by the RBI on August 03, 2026.The penalty was levied due to the company's non-compliance with specific provisions of directions provided by the RBI. These directives concern 'Governance' and the necessary submission of data to Credit Information Companies (CICs).Key Areas of Regulatory Deficiency Identified by RBI The imposition of the fine is made under powers conferred on the RBI. These...

Force Motors Limited Announces Q1 FY'27 Performance, Highlights Digital Transformation and ESG Focus Force Motors Limited released its Investor Presentation detailing the Standalone and Consolidated financial performance for the first quarter of the fiscal year 2026-2027. The company showcased its operational capabilities across India and internationally while detailing strategic investments in digitalization and sustainability initiatives.The Q1 FY'27 results demonstrated robust growth across key metrics, with sales figures reaching ₹ 2417 Cr. This reflected an increase compared to the previous year’s quarter where sales stood at ₹ 2279 Cr., representing a 6.0% growth in sales volume.The performance of Earnings Before Tax (PBT) and...

Oswal Agro Mills Approves Q1 Results, Recommends Shael Oswal for Managing Director Role Oswal Agro Mills Limited, at its Board of Directors meeting held on August 07, 2026, approved the unaudited financial results for the first quarter ended June 30, 2026. The company also made key appointments, including selecting a new Internal Auditor and recommending Mr. Shael Oswal as Managing Director.The Board meeting of Oswal Agro Mills Limited saw several critical corporate governance decisions. M/s. Raj Gupta & Co., Chartered Accountants, was approved as the Internal Auditors for the financial year 2026-27 based on the recommendation of the Audit Committee.Management and Governance Appointments In addition to approving Q1 results, the...

Juniper Green Energy Secures 230 MW Capacity for Firm and Dispatchable Renewable Energy under SECI Tender Juniper Green Energy Limited (JGE) has secured a significant contract, emerging as the winning bidder for 230 MW of capacity through an e-Reverse auction conducted by the Solar Energy Corporation of India (SECI). This award is part of SECI's 1000 MW Firm and Dispatchable Renewable Energy Round-The-Clock (RTC) tender.The company secured the renewable energy capacity at a tariff rate of ₹5.26 per unit. The project carries an expected Letter of Award (LOA), which is anticipated to be issued according to the timelines set out in the original tender document.This successful bid enhances JGE's portfolio of Firm and Dispatchable...

Aqylon Nexus Limited Approves Unaudited Q2 FY26 Results; Revenue Stands at 846.50 Aqylon Nexus Limited, formerly known as Sri Adhikari Brothers Television Network Limited, has approved the Unaudited Financial Results for the quarter ended June 30, 2026. The Board of Directors considered and transacted this business after the results were reviewed by the Audit Committee.The company reported a Total Income of 851.56 for the quarter ended June 30, 2026. Operational expenses totaled 426.00, leading to a Profit before Exceptional Items and Tax of 425.57. The Earnings Per Basic and Diluted Share stood at 0.17 for the said quarter.The company's financial performance over the reported periods is detailed in the table below:ParticularQ...

Rossell Techsys Limited Secures First Order from Global Semiconductor Customer Rossell Techsys Limited has received its inaugural order from a major participant in the semiconductor industry, marking a significant milestone for the company in its business operations. The contract represents the commencement of a strategic engagement with an international entity and lays the groundwork for a long-term business relationship.The first order, which is set to be executed within 12 months, pertains to the manufacturing of electrical wire harnesses as per a Purchase Order. This order was awarded by an international customer in the semiconductor sector.Details regarding this contract have been provided, establishing key parameters of the...

C & C Constructions Limited Announces Unaudited Financial Results for Quarter Ended June 30, 2026 C and C Constructions Limited announced the approval of its unaudited financial results—both standalone and consolidated—for the quarter ended June 30, 2026. The Board of Directors reviewed and approved these results on August 7, 2026. Additionally, the company amended its Code for Prevention of Insider Trading in Securities, effective from August 7, 2026.The financial statements reflect the operations of the holding company and its subsidiaries, despite the company being under ongoing liquidation proceedings pursuant to the Insolvency and Bankruptcy Code (IBC).Financial Performance Summary The unaudited financial results for the...

Gold Prices Surge Across India: Tanishq, Malabar, and Joyalukkas Post Higher 22K Rates on August 8th Gold prices witnessed a general upward trend across leading jewellery houses in India today (Saturday, August 8, 2026). Multiple brands posted increased rates for 22K gold compared to the previous day, indicating sustained demand and market movement. Consumers looking to purchase gold jewellery can reference the latest rates provided by major retailers like Tanishq, Malabar Gold & Diamonds, and Joyalukkas.22K Gold Rate Updates from Leading Jewellers The retail prices for 22-karat (22K) gold show variations across different brands and cities. As of the updates provided on August 8, 2026, Tanishq’s 22K gold jewellery was priced at...

RACL Geartech Ltd Announces Financial Results and Reappoints Chairman & Managing Director RACL Geartech Limited released its un-audited financial results for the quarter ended June 30, 2026. The company's Board of Directors also approved the appointment of Mr. Gursharan Singh as the new Chairman & Managing Director, while planning the logistics for the forthcoming Annual General Meeting (AGM).During the board meeting held on August 7, 2026, the directors reviewed and sanctioned several key operational outcomes. In addition to approving the un-audited financial results (both standalone and consolidated), the Board formally reappointed Mr. Gursharan Singh as 'Chairman & Managing Director' of the company.The company also announced that...

Sudal Industries to Hold Board Meeting to Approve Q1 FY27 Un-audited Financial Results Sudal Industries Limited has scheduled a Board of Directors meeting to consider and approve the un-audited financial results for the quarter ended June 30, 2026. The company confirmed that the board meeting will be held on Friday, August 14, 2026, with the agenda including discussions related to these quarterly results as well as any other business.The meeting is set to review the financial performance of Sudal Industries Limited for the first quarter of the fiscal year ending June 30, 2026.In adherence to the company's internal code of conduct regarding insider trading, Sudal Industries has maintained a closed trading window for all Insiders and...

Afcons Infrastructure Reports Q1 FY27 Results; Order Book Reaches ₹43,290 Cr Amid Strategic Wins Afcons Infrastructure Limited, a prominent international infrastructure player in India, released its unaudited financial results for the quarter ended June 30, 2026. The company reported strong order inflows of ₹13,219 crore, which boosted the pending order book to ₹43,290 Cr as of June 2026.The first quarter of fiscal year 2027 saw Total Income stand at ₹2,727 Cr. EBITDA for Q1 FY27 was ₹263 Cr, translating to an EBITDA margin of 9.6%. Profit After Tax (PAT) for the quarter was reported at ₹30 Cr.Financial Performance Snapshot Afcons Infrastructure provided a detailed look at its performance across various metrics. The key financial...

Waaree Energies Limited incorporates new wholly-owned subsidiary focused on green hydrogen supply Waaree Clean Energy Solutions Private Limited, a wholly-owned subsidiary of Waaree Energies Limited, has incorporated a new wholly-owned entity named WCES Two Private Limited. The company was incorporated in India and registered on August 04, 2026.This strategic move solidifies the focus on the growing energy sector, as WCES Two Private Limited is dedicated to the hydrogen business. The primary object of the newly formed subsidiary is supplying green hydrogen.The incorporation of WCES Two Private Limited provides an expansion opportunity for Waaree Energies Limited within the specialized field of clean energy production and supply.Key...

Ravinder Heights Limited Reports Quarterly Results; Board Approves Annual Report and AGM Details Ravinder Heights Limited disclosed its Unaudited Financial Results for the quarter ended June 30, 2026, along with key corporate approvals following a board meeting held on August 7, 2026. The results detail the performance of both the standalone entity and the entire group.The Board reviewed and approved the financial outcomes, which were examined by M/s Dewan P.N. Chopra, Chartered Accountants, whose review provided an unmodified opinion on the interim statements.Financial Performance Highlights Standalone Results (Quarter Ended June 30, 2026)Ravinder Heights Limited reported a total income of 37.56 Lakh in the quarter ended June 30...