Markets

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...

Hero MotoCorp Jumps Over 3% on Massive Q1 Profit Surge; Revenue Soars 36% as Company Pushes Premiumisation Financial Performance Highlights: Net Profit and Revenue Leap Hero MotoCorp shares jumped over 3% on Friday after the two-wheeler major reported a significant 29% year-on-year increase in standalone net profit for the first quarter of FY27. The company's share price rose to ₹5,739 apiece during morning trading, signaling strong market confidence.The company also registered a robust 36% YoY rise in revenue from operations, which stood at ₹12,999 crore in Q1 FY27. This compares sharply against the ₹9,579 crore reported in the year-ago period.Core Operational Metrics and Margin Strength For the quarter, Hero MotoCorp's earnings...

Kirloskar Ferrous Industries Conducts 35th AGM; Key Resolutions on Financial Statements, Dividend, and Director Appointments Voted Kirloskar Ferrous Industries Limited (KFIL) held its 35th Annual General Meeting (AGM) on August 5, 2026. The meeting, conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), saw significant voting activity across various resolutions related to financial statements, dividend confirmation, and strategic corporate appointments.The scrutiny of the voting process for the AGM was completed by Manasi Paradkar & Associates, with results being generated following reconciliation with the Registrar and Share Transfer Agent (RTA). On the record date of July 29, 2026, the company recorded a total...

Sona BLW Precision Forgings Limited Receives GST Order Demanding Tax Reversal and PenaltySona BLW Precision Forgings Limited has received an order from the Office of the Commissioner of GST & Central Excise, Chennai, concerning a demand for reversal or recovery of Input Tax Credit (ITC) and the imposition of a penalty. The order was received by the company on August 6, 2026, at 8:25 p.m. (IST).The Joint Commissioner of Central Tax issued the order detailing demands under Section 73(9) read with Section 122(2)(a) of the Central Goods and Services Tax (CGST)/TNGST Act 2017. The actions initiated by the authority involve a demand for INR 2,15,03,832/- related to ITC recovery, along with applicable interest thereon, and a penalty...