Markets

Avio Smart Market Stack Appoints Sandeep Pandya as Head International Sales to Drive Global Diagnostics Expansion National, June 17, 2026: Avio Smart Market Stack Limited (formerly Bartronics India Limited) has announced the appointment of industry veteran Sandeep Pandya as the Head International Sales for its Diagnostics and Healthcare Division. This move is designed to accelerate the company's global expansion strategy in diagnostics and healthcare technologies.Sandeep Pandya, who brings over two decades of experience across diagnostics, medical devices, pharmaceuticals, and healthcare technologies, will spearhead Avio Stack's international business development efforts. His prior leadership roles include positions at Meril Life...

Consecutive Commodities Ltd updates official domain name to reflect operational status Consecutive Commodities Limited, formerly known as Consecutive Investments & Trading Company Limited, has officially updated its company website domain. The transition is effective immediately, with the new address set as www.consecutivecommodities.com.The previous website domain utilized by the company was www.consecutiveinvestment.com. This change ensures that all future correspondence and reference materials accurately reflect the current business identity of Consecutive Commodities Limited.Stock Price Movement As of 11:31, Consecutive Commodities Ltd's shares are dipping to ₹1.00, registering a 0.99% decline. The stock traded within an...

West Coast Paper Mills Ltd Announces Dates for 71st Annual General Meeting and Dividend Book Closure West Coast Paper Mills Ltd has announced key dates related to its upcoming 71st Annual General Meeting (AGM) and subsequent dividend processes. The AGM is scheduled to take place on August 17, 2026, and will be conducted via Video Conference.The company set the Record/Cut Off date for the AGM as August 10, 2026. Following this, a period of book closure has been established to facilitate both the AGM proceedings and the dividend distribution process.The operational details are summarized below:EventDate / PeriodRecord/Cut Off DateAugust 10, 2026Book Closure PeriodAugust 11, 2026 to August 17, 2026 (inclusive)The payment...

Persistent Celebrates 10 Years in Mexico, Bolstering Nearshore Capabilities for Americas Enterprise Transformation Persistent Systems Ltd., a global leader in Digital Engineering and Enterprise Modernization, marked a significant milestone by celebrating 10 years of operations through its center in Mexico. The company highlighted that its Mexican operation has evolved into a crucial strategic engineering hub supporting enterprise clients across North America and Latin America.The Mexico center provides specialized services aimed at accelerating digital transformation for global enterprises. Over the past decade, Persistent's presence in Mexico has solidified its role in delivering cloud modernization, platform engineering, and digital...

Birlasoft Recognized as Enterprise Innovator for AI-Driven Infrastructure Capabilities in HFS Horizons 2026 Report Birlasoft Ltd., a part of the CKA Birla Group, has been honored as an 'Enterprise Innovator' in the HFS Horizons: Next-Gen IT Infrastructure Services, 2026 report by HFS Research, a leading global advisory firm. This recognition highlights Birlasoft's strength in delivering AI-first, platform-driven infrastructure transformation, positioning the company as a strategic partner for enterprises moving towards intelligent operations.The HFS Horizons framework assesses service providers across innovation, execution, ecosystem integration, and market impact. The inclusion of Birlasoft underscores its capability to enable...

Chemkart India Makes Investment in Wholly Owned Subsidiary via Rights Issue Chemkart India Ltd has made a further investment of Rs. 1.00 Crores through a Rights Issue in Easy Raw Materials Private Limited, a wholly owned subsidiary of the company. The transaction involved the issue and allotment of 10,00,000 Equity Shares of face value Rs. 10/- each at an issue price of Rs. 10/-, which is equal to the face value.This investment is intended as part of the utilization of proceeds outlined in the prospectus dated July 10, 2025, specifically towards commissioning the manufacturing unit of Easy Raw Materials Private Limited.Chemkart India Ltd holds a 100.00% shareholding in Easy Raw Materials Private Limited, both pre and post this...

TCS to Transform Elopak's Global IT Operations Through Multi-Year AI Partnership Tata Consultancy Services (TCS) has announced a multi-year partnership with Elopak ASA, a global leader in paper-based packaging and filling equipment. The collaboration centers on modernizing Elopak's entire IT infrastructure by leveraging advanced analytics, automation, and cloud solutions, positioning TCS as the strategic IT partner for the European firm.The strategic program involves deploying TCS' proprietary AI-service delivery suite, Cognix™, built on its Machine First™ philosophy. TCS will lead the transformation of Elopak’s global IT operations through a process centric operating model. This initiative is set to enhance agility and efficiency...

Virtual Galaxy Infotech Enters Agreement for Mobile Wallet and QR Payment Solution Development Virtual Galaxy Infotech Limited (VGI) has signed a major international contract for the design, development, customization, implementation, and maintenance of a Mobile Wallet and QR Payment solution. The agreement was reached with Entire Office Systems Private Limited (EOS), based in Zimbabwe.The contract involves developing a comprehensive payment solution that VGI will integrate with banks operating in Zimbabwe. This integration is subject to EOS securing necessary memberships, approvals, and settlement arrangements from the Reserve Bank of Zimbabwe (RBZ), ZimSwitch, or other relevant payment systems.Agreement Details The agreement...

Rajesh Power Services Ltd Secures Rs 211.68 Crores Order from OPTCL for Odisha Transmission Project Rajesh Power Services Ltd has secured a significant order worth Rs 211.68 Crores to execute transmission infrastructure work for the State of Odisha, marking a major expansion into the state's market. The contract details the Design, Engineering, Supply, Installation, Testing, and Commissioning works on an EPC (Engineering, Procurement, Construction) basis.The order was awarded by Odisha Power Transmission Corporation Limited (OPTCL). The project involves the construction of a 220kV SC line through Underground Cable connecting 400/220/132/33kV GSS Mendhasal to 220/132/33kV GIS GSS Chandaka-B. This scope also includes providing one 220kV...

TD Power Systems Ltd Announces Management Reshuffle; Raghavendra Haveri Appointed Head - IT TD Power Systems Limited has announced key changes in its senior management structure, appointing Mr. Raghavendra Haveri as the new Head - IT effective June 18, 2026. Following this appointment, Ms. Ramya Ramesh will transition into a new role within the company.The Board of Directors passed a circular resolution on June 17, 2026, formalizing the organizational changes. Mr. Raghavendra Haveri’s appointment comes as part of the management updates for the company.Ms. Ramya Ramesh, who previously held the position of Head - IT, has been redesignated and will continue in her existing capacity as Head - Sales and Project Execution (Motors)...

Promoter Acquired Shares in Three M Paper Boards Ltd, Increasing Holding to 7.56% Rushabh Hitendra Shah, a promoter of Three M Paper Boards Limited, acquired shares in the company through the open market on June 16, 2026. This acquisition increased his stake from 7.55% to 7.56%.The transaction details show that Rushabh Hitendra Shah held 14,53,000 shares before the purchase. Through the open market, he acquired an additional 2,000 shares, representing a 0.01% stake.Following the acquisition, his total holding stood at 14,55,000 shares, which translates to a 7.56% stake in the company's voting capital.The details of the promoter's holding before and after the acquisition are summarized below:MetricBefore AcquisitionAfter...

Minal Industries Reports Mixed Results; Standalone Declares Loss While Consolidated Shows Profit Amid Audit Concerns Minal Industries Ltd has reported its audited financial results for the year ended March 31, 2026. The company recorded a significant net loss in its standalone segment, while the group-level consolidated statements showed a profit, though both reports included multiple qualifications and emphasized specific operational risks.The standalone financial results for Minal Industries Ltd show total income of 771.02 lakhs against total expenses of 211.57 lakhs. The company reported a net loss of 111.99 lakhs for the year ended March 31, 2026.The consolidated financial results for the Group showed total income of 4,512.68...

Interarch Building Solutions Secures Order worth Rs. 87 Crores Plus Taxes in Renewable Energy Sector Interarch Building Solutions Ltd., formerly known as Interarch Building Products Limited, has secured a contract from a customer operating within the renewable energy and solar panel industry. The order involves the complete Design, Engineering, Manufacturing, Supply, and erection of a Pre-Engineered Steel Building System. Due to commercial considerations, the name of the client has not been disclosed.The agreement represents a significant business development opportunity for the company. The contract details confirm that the client is a domestic entity, with the scope covering all aspects from design through installation.Key...

Indian Markets Breach $5 Trillion Mark, Rallying Amid Geopolitical De-escalation The combined market capitalization of all BSE-listed firms crossed the pivotal $5 trillion mark, hitting a six-week high. This significant milestone was reached following a peace deal brokered between the United States and Iran. The total market cap stood at $5 trillion, a level that was last recorded on May 8.The rally is being propelled by a sharp correction in crude oil prices and a notable decline in the India VIX. These shifts signal easing risk perception as geopolitical tensions surrounding the region begin to moderate. Over the past four trading sessions, the market capitalization of all listed firms has gained over 6 percent. Since the start of...

Real Estate Stocks Tumble as BMC Shuts Down Construction Sites Amid Critical Water Shortage in Mumbai Shares of major real estate developers saw sharp declines on Wednesday after the Brihanmumbai Municipal Corporation (BMC) announced severe new water curbs across Mumbai. The directive includes suspending the supply of water to construction sites, reflecting the city's acute water scarcity due to delayed monsoon rains.The market sentiment suffered following the news, as investor confidence dipped amid tightening civic restrictions. Stock prices for several key players registered significant losses in morning trade. This development adds urgency to the ongoing resource management crisis faced by Mumbai’s rapidly growing property sector...

IFCI Ltd states no event affects security price movement amid market queries IFCI Limited has clarified its position regarding the recent fluctuations in the price of its securities on the exchange, stating that there are no events or information within the company's possession that would impact the behavior of its stock.The clarification addresses inquiries concerning significant movements in the company's stock price over a recent period. IFCI Ltd confirmed that the firm holds no knowledge of any event or disclosure that could be a determinant factor in the price movement of its security.This statement provides assurance regarding market participants, confirming that the company has no undisclosed material information bearing upon...

Sumitomo Chemical India Sets Record Date for Dividend Payment at ₹1.30 Per Share Sumitomo Chemical India Limited has announced the record date for determining shareholder eligibility regarding the dividend payment for the financial year 2025-26. The company's Board of Directors fixed July 17, 2026, as the designated record date.The announcement specifies that the dividend will be paid at a rate of ₹ 1.30 per share.For shareholders to be eligible for this dividend payment, their names must appear in the registers of members on the specified record date. The details regarding the security and the relevant information are summarized below:Security CodeType of SecurityRecord DatePurposeBSE: 542920 NSE: SUMICHEMEquity SharesJuly...

Siyaram Recycling Industries Ltd Secures USD 426,000 Order for Brass Billets from Green Metals FZCO Siyaram Recycling Industries Ltd has secured a noteworthy order worth USD 426,000 from Green Metals FZCO. The contract involves the supply of Brass Billets, positioning Siyaram in a significant international trade transaction.The order was awarded by Green Metals FZCO, an international entity, for a fixed cost amounting to USD 426,000. According to the details provided, the entire transaction does not involve any conflict regarding related party interest.Key aspects of the secured contract are summarized below:FeatureDetailsEntity Awarding OrderGreen Metals FZCOTotal Order ValueUSD 426,000Nature of ContractFixed cost...

Goldiam International Surges on Global Expansion, Capitalizing on LGD Opportunity Boom Goldiam International has marked a significant milestone, shining brightly amid rapidly expanding global markets. The company is leveraging its strategic position to capture prime opportunities within the League of Development (LGD) sector. This aggressive yet methodical expansion underscores the firm's dedication to serving an increasingly international client base.The focus on LGD provides Goldiam with a crucial differentiator in a competitive landscape. By deepening its global footprint, the company is not merely growing; it is establishing foundational market dominance in key emerging sectors. This calculated move promises accelerated revenue...

Dixon Shares Surge as Govt Nod Looms for Vivo Joint Venture; JPMorgan Reiterates Overweight Rating Dixon Technologies shares witnessed a significant rally on Wednesday, climbing 5 percent amid rising expectations surrounding the approval of its joint venture (JV) with Chinese smartphone giant Vivo. The stock hit an intraday high of Rs 12,859 per share on the NSE, continuing a strong trend after gaining for four consecutive trading sessions.The buzz stems from reports indicating that the government is likely to clear the long-pending deal this month. A source informed PTI that an inter-ministerial panel had granted in-principle approval to the proposed partnership, pending final clearance from Meity following due process.Implications...