Markets

Bharti Airtel Reports Strong Q1 FY27 Results, Driven by India Growth and Portfolio Strength Bharti Airtel Limited announced its audited consolidated results for the first quarter of Fiscal Year 2027 (Q1 FY27), which ended on June 30, 2026. The company reported robust performance across its global operations, driven significantly by growth in the Indian market and a disciplined focus on core businesses.Consolidated revenues reached Rs 58,539 crore for the quarter, marking an 18.4% increase year-over-year (YoY) and a 5.7% rise quarter-on-quarter (QoQ). The company reported consolidated EBITDA of Rs 33,599 crore, translating to an EBITDA margin of 57.4%. Consolidated EBIT stood at Rs 19,282 crore, achieving an EBIT margin of 32.9%. Net...

Tembo Global Industries Alters ISIN Following Share Sub-Division from Rs 10 to Re 1 Tembo Global Industries Limited, traded under the symbol TEMBO, has undergone a change in its International Securities Identification Number (ISIN) subsequent to the sub-division of its equity shares. The change relates to the reduction of the face value of the company's stock.The National Stock Exchange of India Limited (NSE) confirmed that the ISIN code for Tembo Global Industries Limited will be changed, effective from August 05, 2026. This alteration is a result of the share sub-division, which transitions the equity shares from an original face value of Rs. 10/- each to Re. 1/- per share.The key details regarding this corporate action are...

Omkar Speciality Chemicals Schedules Board Meeting to Review Financials Amid Ongoing CIRP Omkar Speciality Chemicals Limited has scheduled a Board of Directors meeting for Friday, August 07, 2026, to address and approve several key financial statements. The meeting is set to review both audited and unaudited results spanning multiple financial years.The agenda requires the company to consider and approve three specific sets of financial statements:Unaudited Financial Statements for all quarters and Audited Financial Statements for the year ended March 31, 2025. Unaudited Financial Statements for all quarters and Audited Financial Statements for the year ended March 31, 2024. Unaudited Financial Statements of the Company for...

Banco Products Appoints Mr. Omkar Dharmadhikari as DGM - OE Marketing Banco Products (India) Limited has appointed Mr. Omkar Dharmadhikari as Senior Management Personnel. He will assume the role of Director General Manager (DGM) in OE Marketing, effective from August 4, 2026.The appointment involves a highly experienced professional within the sales and marketing domain. Mr. Omkar Dharmadhikari holds a Bachelor's degree in Mechanical Engineering. He brings extensive experience to the company, having worked in the sales and marketing sector across diverse industries for more than 25 years.Details regarding his profile and the change associated with this appointment are summarized below:ParticularsDetails of Change - Mr. Omkar...

FSN E-Commerce Ventures Limited Approves Acquisition of 51% Stake in Aminu Wellness Amid Q2 Results Release FSN E-Commerce Ventures Limited has announced the approval of a strategic acquisition alongside the release of its unaudited financial results for the quarter ended June 30, 2026. The Board meeting on August 4, 2026, approved the purchase of a majority stake in Aminu Wellness Private Limited, integrating the move into the company's growth strategy within the beauty sector.The Board of Directors of FSN E-Commerce Ventures Limited sanctioned the acquisition of a 51% equity stake in Aminu Wellness Private Limited. The transaction is set to be completed by September 15, 2026. The consideration for the acquisition was determined as...

Mahindra & Mahindra Employees' Stock Option Trust Transfers Equity Shares to Grantees Mahindra & Mahindra Limited confirmed the transfer of equity shares by the Mahindra & Mahindra Employees' Stock Option Trust to designated grantees. The transaction, which took place on August 4, 2026, involved employees who exercised their Stock Options granted under the Company's Employees' Stock Option Scheme.The trust transferred the shares in fulfillment of its commitment related to the listing of shares allotted to it.Details regarding the individuals and the number of equity shares transferred are provided below:NameTotal No. of Equity SharesRajesh Jejurikar42,694Anish Shah70,164Mohit Kapoor9,000V R Nakra12,602Santanu...

Promoters of Muthoot Microfin Limited Restructure Shareholding in MFL via Family Trusts for Succession Planning Muthoot Microfin Limited (Target Company) has seen a significant internal reorganization concerning its promoter structure as individual shareholders settle shares held in Muthoot Fincorp Limited (MFL) into various family trusts. The restructuring is part of an internal process within the Muthoot family and is intended to streamline succession and ensure the welfare of family members.The transactions involve several steps, moving share ownership from individual promoters to designated Acquirer Trusts. MFL currently holds 8,55,95,744 equity shares, representing 50.21% in the paid-up equity share capital of Muthoot Microfin...

SSGA's Investment in Groww AMC is Completed; Holds 22.94% Economic Interest Billionbrains Garage Ventures Limited has confirmed the completion of a proposed investment transaction involving State Street Global Advisors, Inc. (SSGA) and Groww Asset Management Limited (Groww AMC). The transaction fulfills all necessary conditions precedent under the executed agreements.The completed transaction involved Billionbrains Garage Ventures Limited, SSGA, and Groww AMC following shareholder subscription and share purchase agreement documentation.Following the completion of this investment, SSGA holds a significant stake in Groww AMC. SSGA's holding stands at 4.85% voting rights and an economic interest aggregating to 22.94% of the fully...

Manav Infra Projects Ltd. Schedules Board Meeting to Discuss Annual Reports and Director Appointments Manav Infra Projects Limited has scheduled a board meeting for Tuesday, August 11, 2026, at 03:30 P.M. The meeting is set to take place at the company's Registered Office in Kandivali East, Mumbai.The primary agenda items for the Board of Directors include comprehensive review and preparation for the Company's 17th Annual General Meeting (AGM).Key business matters to be addressed during the session involve:Financial Reporting and AGM Preparations The board will consider and approve the Annual Report for the Financial Year 2025-26, along with its associated annexures and documents. The meeting will also focus on fixing the date...

C-DAC and GSI Partner to Forge Next-Gen Geoscience for Mineral Security and Disaster Resilience The Centre for Development of Advanced Computing (C-DAC) and the Geological Survey of India (GSI) have formalized a strategic collaboration with the signing of an Umbrella Memorandum of Understanding (MoU). This partnership is designed to profoundly strengthen geoscience, mineral exploration, and disaster management capabilities by leveraging advanced next-generation technologies.The MoU was signed in New Delhi, bringing together C-DAC's computational power with GSI’s profound geological expertise. The collaboration aims to address complex sub-surface exploration challenges through the integrated application of Artificial Intelligence (AI)...

Shree Tirupati Balajee Approves Key Appointments and Sets AGM Timeline Shree Tirupati Balajee FIBC Limited held its Board of Directors meeting on Tuesday, August 4, 2026, which included crucial approvals regarding the company’s upcoming Annual General Meeting (AGM) and the re-appointment of senior leadership.The board approved the notice for the company's 17th AGM, scheduled to be held on Friday, September 25, 2026, at 11:30 A.M. The meeting will be conducted through Video Conferencing (VC) or other Audio Visual Means (OAVM), with the registered office serving as the venue.Key operational and governance decisions approved during the meeting include:AGM Procedures and Timelines The Board finalized several operational details...

Kritika Wires Limited Announces Unaudited Financial Results for Quarter Ending June 30, 2026 Kritika Wires Limited announced the approval of its Unaudited Financial Results by the Board of Directors at a meeting held on August 4, 2026. The results pertain to the quarter ended June 30, 2026.The company's financial performance for the period shows figures across key operational and profitability metrics. Total Revenue from operations stood at 16,186.27 lakh in the latest quarter, while total expenses were reported at 16,177.67 lakh.Key financial highlights for the quarter ended June 30, 2026 are presented below:MetricQuarter Ended June 30, 2026 (Unaudited)Quarter Ended March 31, 2026 (Refer Note 6)Quarter Ended June 30, 2025...

Andhra Paper Limited Approves Q1 Results; Operations Update Issued ANDHRA PAPER LIMITED has approved the un-audited financial results for the quarter ended June 30, 2026. The company’s Board of Directors conducted the meeting on August 4, 2026, and took on record the Limited Review Report on these results, which was issued by M/s MSKA & Associates LLP, the Statutory Auditors.The Company is involved in the manufacture and sale of pulp, paper, and paperboards, operating as a single segment under Indian Accounting Standard (Ind AS) 108.Financial Performance Highlights (Q ended June 30, 2026) The Statement of Unaudited Financial Results provides a comparative view across multiple periods for ANDHRA PAPER LIMITED. Key financial metrics...

Vdeal System Limited Secures ₹ 78 Lakh Order for Power System & Automation Panels Vdeal System Limited has secured a new order valued at ₹ 78,64,000/- from NALCO for the supply of Power System and Automation Panels. The contract stipulates that the delivery must be completed by March 31, 2027.The company, which operates in various sectors including Smart Electrical LT & HT Panels, Industrial Automation, IoT & Digitization, Renewables, and Busduct, received this domestic order from NALCO. The deal represents a significant contract win for Vdeal System Limited as the company continues to expand its operational footprint.Details concerning the awarded contract are as follows:ParticularsDetailsName of the awarding entityNALCO...

Orkla India Reports Q1 Results, Showing Growth in Standalone and Consolidated Earnings Orkla India Limited has reported its Unaudited Financial Results for the quarter ended June 30, 2026. The company's Board of Directors reviewed and approved these results, which detail performance across both the standalone operations and the Group as a whole.The financial results indicate steady operational performance in Q1 FY2026 (ending June 30, 2026). Orkla India’s management has confirmed that its business activities fall within a single operating segment: Food products and beverages.Standalone Financial Performance For the quarter ended June 30, 2026, the company recorded revenues from operations of 6,442.4 million rupees. Total income...

Shree Tirupati Balajee FIBC Announces Book Closure for 17th Annual General MeetingShree Tirupati Balajee FIBC Limited has announced the schedule for its upcoming 17th Annual General Meeting (AGM). The company has set aside specific dates for the book closure process in preparation for the annual meeting.The Register of Members and Share Transfer Books of Shree Tirupati Balajee FIBC will remain closed from Friday, September 18, 2026, until Friday, September 25, 2026. This period is designated as the Annual Book Closure specifically for the 17th Annual General Meeting.The AGM is scheduled to take place on Friday, September 25, 2026, at 11:30 A.M. The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means...

Protean eGov Technologies Reports Q1FY27 Results; Revenue Rises 19% YoY as Zero Debt Status Continues Protean eGov Technologies Ltd., a leader in building Digital Public Infrastructure (DPI), announced its unaudited financial results for the first quarter of fiscal year 2027 (Q1FY27) ending June 30, 2026. The company reported consolidated revenue from operations of INR 251 crore, marking a 19% growth year over year (YoY).The results underscore the company’s stable financial health, with its balance sheet remaining strong and reporting zero debt. As of June 30, 2026, Protean held more than INR 800 crore in cash and marketable securities.Financial Performance Snapshot While revenue showed significant momentum across core businesses...

Siddhi Cotspin Limited Approves FY26 Annual Report, Reconstitutes Stakeholders' Relationship Committee Siddhi Cotspin Limited announced significant outcomes from its Board of Directors meeting held on August 4, 2026. The Board approved the comprehensive Annual Report for the Financial Year ended March 31, 2026, and approved the reconstitution of the company’s Stakeholders' Relationship Committee, effective immediately.The Board thoroughly considered and subsequently approved the Annual Report pertaining to the Fiscal Year ending March 31, 2026. This approval covers all associated materials, including the Board's Report and its Annexures, the Management Discussion and Analysis Report, and the Audited Standalone Financial Statements...

Happy Forgings Reports Record Quarterly Performance With 27% Revenue and 39% PAT Growth in Q1 FY27 Happy Forgings Limited, a manufacturer of high-precision, safety-critical, heavy forged and machined components across India, has announced its consolidated financial results for the quarter ending June 30, 2026. The company reported significant growth across various metrics driven by robust demand in domestic and export markets.The results highlight strong profitability improvements as revenue grew by 27.0% year-on-year (YoY) to ₹449 crores. Gross Profit increased by 33.1% YoY to ₹273 crores, while EBITDA rose 39.3% YoY to ₹141 crores. Net Profit After Tax (PAT) saw a substantial rise of 39.2% YoY, reaching ₹91 crores.Consolidated...

Avenue Supermarts Opens New Store in Barabanki, Uttar Pradesh Avenue Supermarts Limited announced the opening of a new retail outlet in Barabanki (Uttar Pradesh). The store is located on Deva Road and contributes to the company's continued expansion across various markets.Following the addition of this facility, Avenue Supermarts reported that its total network of operational stores now stands at 506.DMART Stock Price Movement Avenue Supermarts Limited (DMART) shares closed today, edged higher to settle at ₹4023, gaining 0.20% in post-market trading. The stock saw a strong session, with the total traded volume recording 448,874 shares.