Markets

Telge Projects Ltd Announces Director Re-appointment and Schedules 9th Annual General Meeting Telge Projects Limited, formerly Telge Projects Private Limited, has approved the re-appointment of Mrs. Priti Vishal Telge as a Non-Executive Director at its Board meeting held on Friday, August 7, 2026. This decision was made based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval.The company has also set key dates and logistics for its upcoming general meetings. A crucial element of the corporate governance updates includes the appointment of M/s KPN and Associates, Practicing Company Secretaries, as the scrutinizer for e-voting at the 9th Annual General Meeting (AGM).Director...

Britannia Jumps on 14% Profit Surge; Nomura Reiterates 'Buy', Predicts Over 20% Upside Britannia Industries witnessed a significant rally, climbing sharply after reporting strong consolidated net profit growth for the June quarter. The company's stock surged over 4 percent in an otherwise subdued market following its Q1 results announcement. Global brokerage firm Nomura retained its positive stance on the stock, maintaining a 'Buy' rating and setting a target price of Rs 6,500 per share.The scrip hit an intra-day high of Rs 5,660 on the NSE before consolidating some gains, trading at Rs 5,592 during the morning session, up 3.48 percent. The results underscore the company's ability to navigate challenging market conditions while...

Foundry Fuel Products Ltd Announces Board Meeting to Approve Q1 Results and Sets End Date for Trading Window Foundry Fuel Products Ltd has scheduled its Board of Directors meeting to consider several key business matters, including approving the Un-audited Financial Results for the quarter ended June 30, 2026. The company also confirmed that the trading window for directors, designated employees, and specified persons will remain closed until August 15, 2026.The meeting of the Board of Directors is slated to be held on Thursday, August 13, 2026, at 02:30 p.m. The venue for the meeting is located at 84, Maker Chambers III, Nariman Point in Mumbai.The agenda items scheduled for the Board include critical decisions regarding the...

Saurashtra Cement Ltd Announces Q1 FY26 Unaudited Financial Results: Highlights from Standalone and Segment Performance Saurashtra Cement Limited has released its unaudited financial results for the first quarter of the financial year 2025-2026, which ended on June 30, 2026. The company detailed its performance across both standalone and consolidated segments in the cement and paints industry.The company operates in two reportable segments: Cement & Cement related products, and Paints. The results provide insight into revenue, expenses, profit before tax (PBT), and segment assets and liabilities for the quarter ending June 30, 2026, as well as comparative data from previous periods.Segment Revenue and Financial Performance Summary...

Procter & Gamble Hygiene and Health Care Limited Announces Dates for 62nd Annual General Meeting Procter & Gamble Hygiene and Health Care Limited has announced the schedule for its upcoming 62nd Annual General Meeting (AGM). The company specified the date for the AGM, the associated Record Date for shareholders, and the payment deadline for any dividends approved.The 62nd Annual General Meeting is scheduled to be held on Tuesday, September 8, 2026.For the purpose of both the AGM and the eventual payment of dividend, Tuesday, September 1, 2026 has been set as the Record Date.Management confirmed that if a dividend is approved during the 62nd AGM, it will be paid to eligible members by October 6, 2026.PGHH Stock Price Movement As...

Kingfa Science & Technology Announces Board Meeting to Review Q2 Results and Recommend Dividend Kingfa Science & Technology (India) Ltd has scheduled a meeting of its Board of Directors to review the company's performance for the quarter ending June 30, 2026, and to consider dividend recommendations.The Board meeting is set for Friday, August 14, 2026. The agenda includes considering and approving the Unaudited Financial Results of the Company for the quarter ended June 30, 2026. Additionally, the board will consider and recommend the final dividend for the Financial Year that concluded on March 31, 2026.The company also provided an update regarding the trading window status for its Directors, Key Managerial Personnel (KMP)...

Texmaco Rail Signs Memorandum of Understanding with Škoda Digital for Railway Digitization Texmaco Rail & Engineering Ltd has executed a Memorandum of Understanding (MOU) with Škoda Digital S.R.O. of the Czech Republic. The agreement aims to explore potential business opportunities in the field of railway digitalization solutions, establishing a platform for future strategic collaboration.The MOU facilitates a mutual understanding between the two parties to examine and pursue joint ventures within advanced rail digital technologies. The focus of this exploration includes AI-based systems and other innovative solutions related to railway operation and modernization.This agreement is designed as an exploratory measure and does not...

Major Gold Price Movement: Brands Hike 22K Rate Amid Marginal Commodity Dip—Check Tanishq, Malabar Pricing Gold prices experienced a marginal dip on Friday, August 7, 2026. Despite the slight fall in commodity rates, several leading jewellery manufacturers have increased their retail pricing for 22-karat gold. Consumers can find the latest indicative retail selling rates across major jewellers and the Indian Bullion and Jewellers Association (IBJA) today.Latest 22K Gold Rates Across Leading Jewellery Brands The pricing of 22K gold varies slightly across top jewellery chains, although all brands witnessed an increase in their rate compared to the previous day, August 6, 2026. These rates are applicable across major metros including New...

Chip Shares Plummet as Nikkei Falls Over 1%; Technology Caution Clashes With Gaming Surge in Japan Markets The Japanese stock market faced volatility on Friday, as benchmark indices showed signs of caution amid a significant decline in the artificial intelligence and semiconductor sector. The Nikkei share average fell more than 1%, driven by sharp losses among chip-related stocks, even as other parts of the domestic market registered gains. SoftBank Group witnessed a substantial retreat despite reporting quarterly earnings that surpassed initial expectations.Semiconductor Caution Weighs on Tech Stocks The weakness in technology shares was pronounced across key segments of the industry. Advantest dropped 4.65%, while Tokyo Electron...

Bluspring Subsidiary Completes Acquisition of 100% Stake in LSG Sky ChefsBluspring New Horizon Two Private Limited (BNHTPL), a wholly owned subsidiary of Bluspring Enterprises Limited, has completed the acquisition of 100% of the paid up share capital in LSG Sky Chefs (India) Private Limited. The transaction was finalized following the satisfactory closure of all predetermined conditions set out in the Share Purchase Agreement dated April 13, 2026.With the completion of this deal, LSG has become a wholly owned step down subsidiary of Bluspring Enterprises Limited, effective from August 06, 2026. The acquisition involved BNHTPL purchasing the stake in LSG from Airline Catering and Retail Invest Asia Pacific Limited (Seller 1) and...

Power Grid Posts Q1FY27 Results; Revenue grows 2% While Capital Works In Hand Reach ₹1.75 Lakh Crore Power Grid Corporation of India Limited reported its financial performance for the first quarter of FY27, highlighting a focus on expanding grid infrastructure and strategic projects across India. The company's operational scale remains significant, with total gross fixed assets surpassing ₹3.25 lakh crore.The Q1FY27 results show stable income growth. Consolidated total income stood at 11,697,000 in the quarter, marking a 2% variance compared to the previous year (Q1FY26). The company's consolidated EBITDA Gross Margin was reported at 9,581,000, showing a 1% increase from Q1FY26. Profit After Tax (PAT) for the company stood at...

Halder Venture Ltd Announces Board Meeting to Approve Q1 Financial Results Halder Venture Limited has announced that its Board of Directors will convene a meeting to review and approve the company's unaudited financial results for the quarter ended June 30, 2026.The board meeting is scheduled for Thursday, August 13, 2026, at 04:00 PM, which will be held at the company’s registered office in Kolkata. The primary agenda item for the meeting includes considering and approving the Unaudited Financial Results for the quarter ended June 30, 2026.The board is also expected to address any other matters that may arise with the permission of the Chair.Trading Window Status Confirmed In addition to the board meeting announcement, Halder...

Indraprastha Medical Corporation Stock Surges 8.59% on Q1FY27 Profit Gains and Business Expansion Shares of Indraprastha Medical Corporation Limited experienced a significant rally on Friday, closing at Rs 392.90 after surging 8.59%. The strong performance was driven by the announcement of healthy financial results for the first quarter of FY27. This growth story is supported by a year-on-year net profit rise of 9% and an 11% increase in revenue during the June quarter.Q1FY27 Financial Performance Delivers Investor Boost The company reported solid figures across key metrics for Q1FY27. Consolidated net profit stood at Rs 56 crore, a marked improvement from the Rs 51.5 crore reported in the corresponding period last year. Revenue from...

Z-Tech Inaugurates Tawi Wonderland Park in Jammu, marking first Waste-to-Art attraction in cityJammu, August 7, 2026 — Z-Tech (India) Limited has expanded its geographical footprint with the inauguration of Tawi Wonderland Park. The park, developed by Z-Tech under the Jammu Smart City Mission, stands as a major milestone for sustainable urban development and is recognized as Jammu city's first commercial Waste-to-Art public attraction.The Chief Minister of J&K, Shri Omar Abdullah, inaugurated the landmark Tawi Wonderland Park at the facility. During the ceremony, officials commended Z-Tech’s initiative for successfully converting metric tons of discarded municipal waste into artistic masterpieces and world class tourist attractions...

Tata Stocks Surge as RBI Classifies Tata Sons in Upper-Layer NBFC Category The rise of Tata Investment Corp and Tata Chemicals to nearly 7% on Friday has been directly linked to the Reserve Bank of India's (RBI) classification of Tata Sons. The decision categorizes the conglomerate's holding company among the 16 upper-layer non-banking financial companies (NBFCs).This ruling mandates that the venerable corporate entity must list its shares on domestic stock exchanges under the existing regulatory framework, significantly impacting group-affiliated companies.RBI Ruling Forces Listing Requirement for Tata Sons As of March 31, 2026, Tata Sons reported total assets valued at Rs 2.01 lakh crore. This substantial asset base makes its...

Muller & Phipps India Ltd Schedules Board Meeting to Discuss Q1 Financials and 109th AGM Matters Muller & Phipps India Limited has scheduled a meeting of its Board of Directors for Friday, August 14, 2026. The board meeting is set to address several key operational and financial matters relating to the company's performance and upcoming annual general meeting.The agenda for the meeting includes reviewing the Unaudited Financial results for the quarter ended June 30, 2026. This review will be conducted alongside the Independent Review Report prepared by the Auditors.Key items scheduled for deliberation at the board meeting include:Financial Performance: Considering and recording the Unaudited Financial results and the accompanying...

JSW Energy Completes Acquisition of Maruti Clean Coal & Power Limited, Boosting Installed Capacity to 14,835 MW JSW Energy Limited has successfully completed the acquisition of 100% equity in Maruti Clean Coal & Power Limited (MCCPL), making MCCPL a wholly-owned subsidiary. The transaction significantly enhances JSW Energy’s operational footprint, raising its total installed capacity to 14,835 MW.The acquisition targets the 300 MW thermal power plant operated by MCCPL located at Korba in Chhattisgarh. This completed deal reinforces JSW Energy's commitment to disciplined growth and value-accretive opportunities, complementing the existing generation portfolio through operational synergies between the asset and the company’s Mahanadi...

Independent Director Appointments and Reappointment Approved by Shareholders of Kirloskar Ferrous Industries Ltd The members of Kirloskar Ferrous Industries Limited (KFIL) approved key appointments relating to its Board during the Annual General Meeting held on August 5, 2026. The resolutions included the reappointment of an existing Independent Director and the appointment of a new Independent Director.At the AGM, shareholders of KFIL ratified the reappointment of Mr. Sathya Moorthy Venkataramani as an Independent Director. Mr. Venkataramani will hold office for another term up to October 21, 2031.The meeting also approved the appointment of Mrs. Pallavi Pratap Gokhale as a new Independent Director, who is set to serve until June...

Kirloskar Ferrous Industries Holds Conference Call for Q1 Results; Stock Update IssuedKirloskar Ferrous Industries Limited (KFIL) hosted a conference call for investors and analysts to discuss its unaudited financial results for the quarter ended June 30, 2026. The event was held on Thursday, August 6, 2026, at 4:00 p.m. IST.During the session, KFIL provided details regarding both the standalone and consolidated unaudited financial results for the quarter. Following the conference call, which focused on the quarterly performance, the audio recording of the event was made available on the company's website.In related news, Kirloskar Industries Limited noted that its material subsidiary, Kirloskar Ferrous Industries Limited (KFIL)...

UTI Releases Balanced Hybrid Fund: Deep Dive into Asset Allocation, Risk Mitigation, and Comprehensive Investment Rules UTI Asset Management Company Limited (AMC) has unveiled the UTI Balanced Hybrid Fund, marking the launch of a new open-ended scheme designed to offer both capital appreciation and income. This fund is structured as a balanced hybrid investment, combining exposure across equity and debt markets. The offering emphasizes a cautious approach, providing detailed parameters on risk mitigation and operational guidelines for investors.The scheme is designed to be an open-ended product, allowing continuous subscription and redemption at the applicable Net Asset Value (NAV). A key feature of the fund is its diversified...