Markets

Blue Dart Express Reports FY2025-26 Performance, Maintains Market Leadership Position Blue Dart Express Ltd., a key player in India’s logistics sector, reported its performance update for the fiscal year 2025-26, emphasizing its market leadership and continued strategic investments across air and ground express segments. The company reaffirmed its focus on customer-driven strategies to meet the demands of India's growing economy.Company Profile and Operations Founded in 1983 by three Indian entrepreneurs as a partnership firm before converting into a limited company, Blue Dart Express has been instrumental in evolving the logistics landscape in India. Following its maiden public issue and listing in 1994, the company launched...

SEBI Freezes Zee’s Market Access as Governance Crisis Deepens Despite Major Promoter Fundraise The corporate governance crisis at Zee Entertainment Enterprises Ltd. (ZEEL) has intensified following a regulatory action by the Securities and Exchange Board of India (SEBI). The enforcement order came concurrently with shareholder approval for a significant promoter fundraise, plunging the company's ownership roadmap into new uncertainty.SEBI barred ZEEL from accessing the securities market for two months. Furthermore, Chairman Emeritus Subhash Chandra and Chief Executive Officer Punit Goenka were prohibited from accessing the securities market for one year, as mandated by the regulator.SEBI’s Regulatory Action and Governance Lapses The...

K2 Infragen Secures Investment-Grade Credit Rating from Acuité for Bank Facilities K2 Infragen Limited, an integrated engineering, procurement, and construction (EPC) provider in the power and infrastructure sector, has received investment-grade credit ratings from Acuité Ratings & Research. The rating validates the company's strong operational resilience, healthy revenue visibility, and financial discipline across its core infrastructure verticals.Acuité assigned an 'ACUITE BBB-' rating with a 'Stable' outlook for K2 Infragen’s long-term bank facilities and an 'ACUITE A3' rating for short-term bank facilities. These ratings cover facility quantum allocated toward the company's operations.The credit rating reflects the company's...

Kkalpana Plastick Ltd Opens Special Window for Physical Share Transfer and Dematerialisation Kkalpana Plastick Ltd has initiated a Special Window period allowing shareholders to transfer and dematerialise their physical shares. The window is being observed as part of an ongoing process spanning one year, aiming to facilitate the movement of shares into electronic form and address any disputes regarding physical holdings.The company published details regarding this special window in "Financial Express" (English Newspaper) and "Sukhabar" (Bengali Newspaper), detailing operations for the fourth bi-monthly period covering August 1, 2026 to October 4, 2026.Special Window Operational Details The facility provides a mechanism for...

BSE Profit Soars 62% as Revenue Surges; How Regulatory Headwinds Impact Future Outlook? India’s oldest stock exchange, Bombay Stock Exchange (BSE), continues to command investor attention after reporting a commanding 62% year-on-year (YoY) jump in its consolidated net profit. The results for the April-June quarter of FY27 show robust growth across key segments, helping BSE post Rs 874 crore in profit.The strong performance was driven by double-digit increases in revenue from operations and a sharp rise in investment income. This stellar Q1 outcome is being intensely scrutinized as analysts weigh the significant earnings growth against persistent regulatory uncertainties impacting trading volumes.Financial Snapshot: Revenue and...

US Chip Curbs Force Korean Giants to Test Chinese Tech, Aiding AMEC’s Global Foothold The memory chip giants, Samsung and SK Hynix, are reportedly testing etching equipment from China's Advanced Micro-Fabrication Equipment (AMEC). These evaluations represent a strategic hedge against the increasing risk of stricter U.S. export controls, creating a unique opportunity for the Shanghai-based company.While neither firm has confirmed wider deployment, these trials provide AMEC with a rare chance to secure validation from some of the world's preeminent chipmakers operating in China.The movement underscores a significant paradox within current U.S. technology control measures. Measures intended to constrain Beijing’s semiconductor ambitions...

Deepak Chem Tech Approves ₹2,500 Crore Project for Bisphenol A ManufacturingThe Board of Directors of Deepak Chem Tech Limited (DCTL), a wholly owned subsidiary of Deepak Nitrite Limited, has approved a significant project aimed at manufacturing Bisphenol A (BPA). The facility is planned to have a capacity of up to 240 KTA.The approval includes investment in related greenfield infrastructure and capital expenditure for the manufacturing complex. An approximate investment of ₹2,500 Crores was sanctioned by the DCTL Board, with the final figure expected to be confirmed upon the completion of detailed engineering studies. The project will be financed through an appropriate blend of debt and equity.Beyond the BPA initiative, the DCTL...

B.R.Goyal Infrastructure Secures Rs 81.74 Crore Contract for CyberCity Project Civil and Structural Work B.R.Goyal Infrastructure Limited has secured a major contract worth Rs 81,74,64,255.00 for the civil and structural work of the proposed CyberCity Project in Indore. The company received the Letter of Award (LOA) from M/s Sneh Developers, a Special Purpose Vehicle (SPV) of Micro Mitti Group.The contract covers the Building and External Development for the CyberCity Project located at Plot No. 5, Scheme No. 166, Medical Hub, Behind Infosys Campus, Super Corridor, Indore. The work is designated as a Fixed Item Rate Contract on an M+L basis.B.R.Goyal Infrastructure Limited will undertake the civil and structural construction for...

Rajesh Power Services Ltd Secures ₹362.83 Crore Order from PGVCL for Network Modernization Projects Rajesh Power Services Limited, a leading EPC Contractor in the power transmission and distribution sector, announced that it has secured new orders totaling ₹ 362.83 crores (including taxes) from Paschim Gujarat Vij Company Limited (PGVCL), a state undertaking of the Government of Gujarat.The contracts involve turnkey projects focused on modernizing and converting existing electrical infrastructure. The scope includes transforming the current 11kV High Tension (HT) Line and Low Tension (LT) Line network into an Under Ground Cable Network. These projects will incorporate a Ring Main System, GIS mapping, and asset tagging at Jamnagar...

Futura Polyesters Announces 1st Extra-Ordinary General Meeting for FY26-27 Futura Polyesters Ltd has scheduled its first Extra-Ordinary General Meeting (EGM) for the financial year 2026-2027. The meeting is set to take place on Wednesday, August 26, 2026, at 11:00 am IST, and will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM).The notice for the EGM was issued to members on August 4, 2026. The meeting is scheduled to transact the business matters outlined in the EGM notice.Key Dates and Voting Details The company provided detailed information regarding the voting process for shareholders. Members holding shares either in physical or demat form as of Wednesday, August 19, 2026, are eligible for electronic...

IRCON International Ltd to Hold Board Meeting to Consider Unaudited Financial Results for Q Ended June 30, 2026 IRCON International Limited, a Navratna Company and a Government of India Undertaking, has scheduled a meeting of its Board of Directors to review the financial performance for the quarter ending on June 30, 2026. The board meeting is set to take place on Wednesday, August 12, 2026.The company stated that during this meeting, the Board will consider and approve the unaudited financial results, which include both standalone and consolidated figures for the specified quarter.Furthermore, regarding the internal Code of Conduct for the Prevention of Insider Trading in relation to the Company's securities, IRCON announced...

KOSPI Rebounds After July Selloff: 3 Reasons Fueling Semiconductor Rally Amid AI Confidence Surge The South Korean stock market, led by the benchmark KOSPI index, is experiencing a strong recovery in early August following a significant downturn in July. The market has managed to stage a sharp rebound, extending its two-day recovery to 7% through Wednesday. This surge comes after the KOSPI, which had dropped 24% during the month, reflects growing confidence across major sectors.Semiconductor Stocks Drive KOSPI Recovery The rally was heavily led by semiconductor stocks as concerns surrounding heavy capital expenditure in data centers were mitigated by positive corporate results. Investors are closely scrutinizing whether companies...

MCX Reports Robust Q1FY27 Results with Significant Growth in Revenue and Profitability Multi Commodity Exchange of India Ltd (MCX) announced unaudited financial results for the quarter ended June 30, 2026, highlighting strong performance across its markets. The company saw significant growth in total income and margin improvements, reflecting the increasing relevance of commodity derivatives in hedging and investment strategies.The Board of Directors reviewed the Q1FY27 results on August 4, 2026. For the quarter, MCX registered Total Income of Rs 752 crores, marking an 85% year-on-year increase. EBITDA stood at Rs 544 crores, achieving a 98% increase compared to Q1FY26. Profit After Tax (PAT) reached Rs 413 crores, reflecting a growth...

Ola Electric Mobility Schedules Board Meeting for Financial Results Approval Ola Electric Mobility Limited has scheduled a meeting of its Board of Directors to review and approve the unaudited financial performance for the first quarter and three months ended June 30, 2026.The Board meeting is set to take place on Friday, August 7, 2026. During the session, the company's directors will consider and ratify the consolidated and standalone Financial Results for the period ending June 30, 2026.OLAELEC Stock Price Movement Shares of Ola Electric Mobility Limited slipped by 0.62% on Tuesday, settling at ₹38.57. The stock saw significant activity during the session, with nearly 43.36 million shares traded.

LIC Aggressively Buys Stocks Worth Rs 16,578 Crore; But Market Expansion Pushes Share to All-Time Low India’s flagship institutional investor, Life Insurance Corporation (LIC), deployed massive capital into its top stock additions during the June quarter, buying shares worth an estimated Rs 16,578 crore across ten key companies. This aggressive portfolio deployment failed, however, to halt a major trend: LIC's share of NSE-listed equity market fell to an all-time low, underscoring the rapid expansion pace of India’s broader stock markets relative to its massive holdings.Top Stock Acquisitions and Portfolio Growth The quarter saw LIC prioritize high-growth blue chips in its most significant purchases. Bharti Airtel led the way...

CRISIL Upgrades Yes Bank’s Infrastructure and Tier II Bonds, Reaffirms Deposits Rating CRISIL Ratings has upgraded Yes Bank Limited's long-term rating for its infrastructure bonds and Tier II bonds under Basel III, while reaffirming the short-term rating on Certificates of Deposits (CD). The rating action reflects improvements in the bank's credit profile, sustained profitability, and a strengthened liability franchise.The ratings were assessed based on combining the business and financial risk profiles of Yes Bank and its subsidiary, Yes Securities (India) Ltd., taking into account the expected support from its single largest shareholder, Sumitomo Mitsui Banking Corporation (SMBC).Rating Action Details CRISIL Ratings upgraded the...

GIFT Nifty Jumps 170 Points as Wall Street Hits Record Highs; Investors Await RBI Policy Cue Indian stock markets are poised for a strong open on Wednesday, with pre-market indicators suggesting bullish momentum across the board. The jump in GIFT Nifty signals that both the Sensex and Nifty 50 are set to rise sharply, following global market rallies and easing geopolitical tensions. Investors have booked profits ahead of the Reserve Bank of India's critical monetary policy decision later today.Global Markets Soar on Optimism as AI Earnings Drive Record Highs Asian equities extended the upward trend globally, fueled by optimism surrounding technology earnings and renewed hopes regarding the Strait of Hormuz. The Dow Jones Industrial...

Angel One Reports Business Parameters for July 2026; Avg Client Funding Book Reaches New High Angel One Ltd has released its key business parameters for July 2026, noting sustained strength in its average client funding book while commodity market share moderated due to shifts in the industry product mix.The company reported that the Average Client Funding Book reached a new record high during the month. Concurrently, user engagement remained resilient, with Unique MF SIPs Registered rising to a five-month high.Market Share and Financial Overview Angel One’s performance across various market segments showed varied momentum. The overall equity market share improved sequentially, supported by gains in both the cash and Futures &...

L. T. Elevator Ltd Acquires Major Stake in Dongyang PC, Inc., Bolstering Global Parking Technology Portfolio L. T. Elevator Limited has acquired a substantial stake in Dongyang PC, Inc. (Dongyang PC), securing access to world-class Korean parking intellectual property. The acquisition involves 9,96,675 equity shares of Dongyang PC, representing 66.45% of its issued and paid-up share capital, with the consideration set at USD2.85 per share.Upon successful completion of the transaction, Dongyang PC, Inc. will become a subsidiary of L. T. Elevator Limited. The Share Purchase Agreement (SPA) includes provisions for further consolidation of ownership. Following the acquisition, the Company is planning to initiate a share buyback program...

Global Cues Surge Ahead of RBI Decision: GIFT Nifty Signals Strong Opening for Indian Markets Indian equity markets, which concluded lower on August 4th after a four-session winning streak, are set for a potentially gap-up opening, guided by the rising trajectory of GIFT Nifty. This early market indicator is trading at approximately 24,721, suggesting heightened optimism among global investors ahead of the Reserve Bank of India's (RBI) crucial monetary policy announcement scheduled for Wednesday.The domestic indices closed with profit booking evident amid weekly derivatives expiry. The Sensex finished down 210.08 points or 0.27 percent at 78,428.95, while Nifty fell by 159.40 points or 0.64 percent to close at 24,614.90. Broader...