Markets

Rhetan TMT Successfully Completes Testing and Commissioning of 1 MW Captive Solar Power Project Rhetan TMT Limited has successfully completed the testing and commissioning activities for its 1 MW (AC) Captive Ground-Mounted Solar Power Project. The company announced that the project has achieved full operational readiness following the successful completion of all commissioning tasks.The completion marks a key milestone in Rhetan TMT's renewable energy initiative. The project progressed through every stage of implementation, spanning from statutory approvals and infrastructure development to installation, testing, and commissioning. It is now fully prepared for commercial operation.Rhetan TMT anticipates that commercial power...

Garware Hi-Tech Films Announces 69th Annual General Meeting and Appoints Scrutinizer Garware Hi-Tech Films Limited has determined key dates and appointed a specialized consultant in preparation for its upcoming Annual General Meeting (AGM). The company announced that it will convene its 69th AGM on Wednesday, September 23, 2026.The meeting is scheduled to take place at 11:30 a.m. at the Registered Office of the Company, located in Chhatrapati Sambhajinagar (Aurangabad), Maharashtra.In connection with the forthcoming general meeting, Garware Hi-Tech Films Limited has fixed Wednesday, September 16, 2026, as the Record Date. This date is set for the purpose of reckoning members entitled to receive dividends and facilitating remote...

SEBI Appoints Forensic Auditor for Agri-Tech (India) Limited; Audit Covers 2020-21 to 2025-26 Agri-Tech (India) Limited has been notified that the Securities and Exchange Board of India (SEBI) has appointed CNK & Associates LLP to conduct a forensic audit of the company. The appointment was communicated to the company on August 5, 2026.The forensic audit will examine the books of account and records of Agri-Tech (India) Limited for the financial years spanning from 2020-21 to 2025-26, focusing on matters specified by SEBI in its official communication.In response to the appointment, the company confirmed that it is extending full cooperation to CNK & Associates LLP. Agri-Tech (India) Limited committed to providing all necessary...

Tara Chand InfraLogistic Solutions Announces Q4 2026 Financial ResultsTara Chand InfraLogistic Solutions Limited (formerly Tara Chand Logistic Solutions Limited) announced the unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors approved these results following a meeting held on August 06, 2026. These results include both standalone and consolidated figures, along with detailed segment performance reports.The results were reviewed by the Statutory Auditors, M/s Jain Jagawat Kamdar & Co., Chartered Accountants.Standalone Financial Performance According to the Unaudited Standalone Statement of Financial Results for the quarter ended June 30, 2026, the company reported a Total Revenue of...

Shankara Buildpro Reports Strong Q1FY27 Results; Revenue Jumps 21% Year-on-Year Bengaluru, India, August 6, 2026: Shankara Buildpro Limited, a leading pure-play building materials and home improvement marketplace in India, announced its financial results for the first quarter ended June 30, 2026. The company reported robust performance during Q1FY27, driven by momentum in its core steel marketplace segment despite industry softness.The company's operational highlights show substantial growth across key metrics:MetricQoQ ChangeYoY ChangeRevenue Growth5%21%Steel Marketplace Volume (Q1FY27)N/A10%Non-Steel Revenue GrowthN/A15%Financial results for the quarter show a significant revenue performance, with earnings reports...

Standard Engineering Technology Reports Quarterly Results; Announces Acquisitions and Strategic Investments Standard Engineering Technology Limited (formerly Standard Glass Lining Technology Limited) announced that its Board of Directors approved the unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results were presented following a board meeting held on August 06, 2026.The company also confirmed several key corporate decisions, including the re-appointment of its Statutory Auditors and fixed the date for the forthcoming Annual General Meeting (AGM). Management detailed updates regarding significant acquisitions and investments during the reporting period.Financial Performance...

Swiggy Stock Volatility: How Market Reacted to Core Earnings Target of ₹10,000 Crore by FY31 Swiggy experienced a highly volatile day as the food and quick commerce giant saw sharp intraday gains before profit booking pushed its shares down. The stock climbed over 5 percent, momentarily hitting an intraday high of Rs 305 per share on the NSE. However, investor profit-taking ensured that Swiggy finished the session lower, settling at Rs 287 per share, marking a 1 percent decline.Company Sets Ambitious FY31 Earnings and Growth Targets The stock movement followed an exchange filing where Swiggy outlined its aggressive financial outlook for the coming years. The company stated that it is targeting core earnings of Rs 10,000 crore by the...

Shyam Metalics Reports Monthly Sales Performance for July 2026 Across Multiple Segments Shyam Metalics and Energy Limited (SMEL) released its consolidated sales performance metrics for the month ended July, 2026, detailing operational results across stainless steel, aluminium foil, specialty alloys, carbon steel, and key raw materials. The company maintains a diversified product mix, serving both intermediates and final products within the steel value chain.Operational Highlights by Product Category The monthly performance across various metals showed marked trends in volume and realization:Stainless Steel: For stainless steel, sales volumes saw an increase of 15.19% month over month (MoM), while realizations increased significantly...

Sudarshan Chemical Industries Recommends Final Dividend of Rs 5 Per Share for Financial Year 2025-26; Details on TDS Released Sudarshan Chemical Industries Limited has announced a Final Dividend recommendation for its shareholders for the Financial Year 2025-26. The Board of Directors recommended the dividend, which is subject to approval at the company's ensuing Annual General Meeting (AGM). The company has also outlined comprehensive details regarding the Tax Deduction at Source (TDS) applicable on the dividend payment.The recommendation for the Final Dividend stands at Rs 5.00 per Equity Share of Face Value Rs 2/- each, reflecting a yield of 250% for the Financial Year ended March 31, 2026.Dividend Timeline and Payment Schedule A...

India Shelter Finance Corporation Reports Q1 Results; Profit for Period Stands at 14,301.71 Lakhs India Shelter Finance Corporation Limited reported its unaudited financial results and key operational metrics for the quarter ended June 30, 2026. The company recorded a profit for the period of 14,301.71 lakhs, while maintaining robust security coverage on its non-convertible debentures (NCDs).The Board of Directors reviewed and approved the results following the meeting held on August 06, 2026. The financial reports were reviewed by statutory auditors, S.R. Batliboi & Associates LLP.Quarterly Financial Performance Highlights For the quarter ended June 30, 2026, the company recorded significant income and expense figures...

Campus Activewear Reports Q1 FY27 Results with Revenue from Operations Reaching INR 385.2 Cr Campus Activewear Limited has released its earnings presentation for the quarter ended June 30, 2026, highlighting strong performance across key financial metrics and showcasing expanding market presence.The company reported that revenue from operations rose by 12.2% year-on-year (YoY) to INR 385.2 Cr in Q1 FY27, up from INR 343.3 Cr in the corresponding quarter of FY26. Similarly, EBITDA stood at INR 62.7 Cr during the period, compared to INR 55.4 Cr in Q1 FY26. Profit After Tax (PAT) was recorded at INR 26.1 Cr, a notable increase from INR 22.2 Cr in Q1 FY26.The financial results demonstrate sustained growth in sales volume and ASP...

Nazara Technologies Proposes Major Preferential Fund Raise and Increases Authorized Share Capital Nazara Technologies Limited has announced plans for a significant preferential issue of equity shares, alongside proposing an increase in its authorized share capital. The company convened a Board meeting on August 06, 2026, to approve these two material corporate actions. To seek requisite approvals from shareholders concerning the fundraising and the capital structure amendment, Nazara Technologies scheduled an Extraordinary General Meeting (EGM) for Sunday, August 30, 2026.The preferential issue is designed to raise funds through the issuance of up to 2,39,70,676 equity shares. Each share has a face value of ₹ 2/-, and the proposed...

Rategain Announces Q1 Financial Results, Approves Corporate Guarantee of Up to USD 65 Million RateGain Travel Technologies Limited reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also approved the issuance of a corporate guarantee amounting up to USD 65.00 million in favor of banks supporting its wholly owned subsidiaries.The Board of Directors convened on August 06, 2026, and reviewed and approved these key operational updates.Corporate Guarantee Details The company has sanctioned a corporate guarantee of up to USD 65.00 million. This guarantee is intended for the credit facilities that RateGain Technologies Limited, UK and Sojern, Inc., two wholly owned...

Tara Chand InfraLogistic Solutions Reports Q1FY27 Results; Equipment Segment Grows 55% as Energy Focus Increases Tara Chand InfraLogistic Solutions Limited, a major provider of integrated infrastructure logistics services in India, reported its standalone financial results for the quarter ending June 30, 2026. The Company saw Revenue from Operations rise by 11% year-on-year, driven primarily by strong growth in its Equipment Hiring and Projects segment. Profitability, however, was lower compared to the previous year due to transitional factors within specialized services and the warehousing division.The Company recorded a stand-alone revenue of ₹676 Mn for Q1FY27 (Total Revenue: ₹684 Mn). EBITDA stood at ₹210 Mn, resulting in an...

Suven Life Sciences Announces Unaudited Financial Results for Quarter Ended June 30, 2026; Clinical Pipeline Updates Provided Hyderabad: Suven Life Sciences Limited today released its unaudited financial results and operational updates for the quarter ended June 30, 2026. The results were reviewed by the company’s Audit Committee and approved by the Board of Directors at a meeting held on August 6, 2026.The company reports that it has only one business segment: Research & Development.Financial Performance Overview The unaudited financial statements for the quarter ended June 30, 2026, have been prepared in accordance with Indian Accounting Standards (Ind AS).Key financial metrics across both standalone and consolidated results...

Blue Star's Q1FY27 Revenue Climbs 13.3% Amid Margin Pressure, Strong Data Centre Order Inflow Blue Star Limited reported a consolidated revenue growth of 13.3% in the first quarter of the fiscal year 2027 (Q1FY27), achieving Rs 3,377.92 crores. The results highlight significant strength in the Electro-Mechanical Projects segment, which benefited from strong Data Centre MEP orders. However, margins faced pressure due to rising input costs and operational challenges across key business units.The Company recorded a net cash position of Rs 900.25 crores as of June 30, 2026, an improvement compared to the previous year's figure of Rs 370.92 crores, driven by better working capital levels during the quarter.Consolidated Financial...

Oriana Power to Invest ₹4,500 Crore in Integrated Green Hydrogen Project in Maharashtra Oriana Power Limited has entered into a Memorandum of Understanding (MoU) with the Government of Maharashtra regarding a major green energy initiative. The MoU was executed on August 5, 2026, intending to establish an integrated Green Hydrogen project within the state.The partnership signifies Oriana Power’s intent to make an investment of approximately ₹4,500 crore. This substantial commitment is earmarked for setting up a comprehensive facility that will produce Green Hydrogen and its downstream derivatives. The project scope encompasses production facilities for Green Ammonia and Green Methanol, all in line with the applicable policies of the...

Oil & Natural Gas Corporation Limited Fixes Record Date for FY'26 Final Dividend Recommendation Oil & Natural Gas Corporation Limited has set a record date to determine member eligibility regarding the proposed final dividend for the financial year 2026. The company announced that Friday, September 4, 2026, will serve as the crucial record date.The measure comes after the Board of Directors recommended a final dividend of ₹ 1/- per share for FY'26. This dividend is subject to approval by the members during the forthcoming Annual General Meeting of the Company.The determination of eligibility for this financial year's final dividend rests upon meeting the criteria as of the designated record date, September 4, 2026.

Hikal Limited Announces Q2 Financial Results; Trading Window Set to Reopen on August 9 Hikal Limited announced the unaudited financial results for the quarter ended June 30, 2026, after its Board of Directors meeting held on August 06, 2026. The company released both standalone and consolidated results, along with an unmodified limited review report from its Statutory Auditor.The company's management affirmed that the unaudited financial statements were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) 'Interim Financial Reporting.' The accompanying statement included a Limited Review Report on the Quarterly Unaudited Standalone and Consolidated Financial Results of the Company.Key Financial Highlights (Q ended...

Independent Director Mr. Ashok Bhandari Passes Away; J.G.Chemicals Limited Acknowledges Loss J.G.Chemicals Limited has confirmed the passing of Mr. Ashok Bhandari, an Independent Director who had been instrumental to the company’s leadership and governance structure. The demise occurred on August 3, 2026.Mr. Ashok Bhandari served as an Independent Director at J.G.Chemicals Limited since June 30, 2022. Throughout his tenure, he provided valuable guidance and significantly contributed to the strategic growth and governance efforts of the Company. His contributions were highly valued by the Board and management.The loss is described by the company as irreparable. The Board of Directors and all employees have expressed their deepest...