Markets

International Gemological Institute Reports Strong Financial Performance Amid Global Certification Demand International Gemological Institute Limited (IGI), a global leader in gemstone certification, reported robust operational scale and financial metrics as it navigates shifts in the diamond and jewelry markets. IGI continues to leverage its extensive global footprint and specialized assets to drive growth across both loose and colored stone categories.The company maintains a deep commitment to trust, operating through 37 laboratories across 10 countries. This infrastructure allows IGI to serve as a leading independent certification franchise globally, with market shares noted at 30–40% of the global market for certifications and...

Kaya Limited Announces Completion of Tenure for Independent Director Om Prakash Manchanda Kaya Limited has announced that Mr. Om Prakash Manchanda, an Independent Director, has concluded his tenure with the company upon completing his first consecutive five-year term. The Board of Directors and Management acknowledged the director's service as he ceased to be a part of the company's directorship.Mr. Manchanda completed his role as an Independent Director on August 02, 2026, having served for five years with Kaya Limited.The management conveyed sincere appreciation for Mr. Om Prakash Manchanda’s valuable guidance, support, and significant contributions during his tenure with the company.Key details regarding this change in...

The Federal Bank Completes Equity Share Allotments Following Stock Option Exercise The Federal Bank has made several equity share allotments after payment by allottees, following the exercise of stock options under multiple Employee Stock Option Schemes (ESOS). These allotments were completed on August 03, 2026.The bank allotted shares to option grantees across three distinct schemes: ESOS 2010, ESOS 2017, and ESIS 2023. All the allotments involved equity shares with a face value of Rs. 2/- per share.The details of the completed allotments are provided below:SchemeTotal Equity Shares AllottedFace Value Per ShareExercise DateESOS 201013,876Rs. 2/-August 03, 2026ESOS 2017691,875Rs. 2/-August 03, 2026ESIS 202313,315Rs...

Cyber Media Research Sets Record Date August 19, 2026, for Final Dividend Entitlement Cyber Media Research & Services Limited has announced the record date intended for determining members' entitlement to the final dividend for the financial year 2025-26. The company fixed Wednesday, August 19, 2026, as the relevant record date.The determination of membership entitlement relates specifically to the payment of the final dividend for the financial year 2025-26. Shareholders who hold equity on this date will be eligible for the dividend distribution, pending approval at the Annual General Meeting.Key details regarding the dividend entitlement and security type are as follows:Type of SecurityRecord DatePurposeEquityAugust 19...

One MobiKwik Systems Approves Q1 Financial Results for June 30, 2026; Highlights Revenue and IPO Utilization One Mobikwik Systems Limited has approved the unaudited financial results (standalone and consolidated) for the quarter ending June 30, 2026. The Board of Directors reviewed and approved these results, which were noted by the company's Statutory Auditor via a Limited Review Report.The company reported the performance alongside its operational updates and the utilization of net IPO proceeds following a special resolution passed by shareholders on July 2, 2026.Financial Performance Snapshot The consolidated financial statements showed robust income generation during the quarter. Total income stood at INR 2,891.53 million...

Nabarun Nayak's Tenure as Independent Director Expires at MMTC Limited MMTC Limited has noted the impending conclusion of Shri Nabarun Nayak’s tenure on its board. Shri Nayak, who holds a DIN of 10258327, is set to see his term as Non-Executive Independent Director conclude on August 02, 2026.MMTC Stock Price Movement Shares of MMTC Limited continue climbing in live trading, reaching ₹63.71 as of 11:30 AM after surging by 1.68%. The stock is maintaining strong momentum, with a traded volume of 905,917 shares and trading comfortably within the intraday range of ₹62.55 to ₹64.57.

Stanley Lifestyles Launches Sofas and More Store in Jaipur, Expanding Retail Footprint in Rajasthan Stanley Lifestyles Limited, a leading manufacturer and retailer of super-premium luxury furniture, has inaugurated its new Sofas & More by Stanley store in Jaipur, Rajasthan. The expansion solidifies the company's retail strategy across key Indian markets.The new store is located at 10, Ajmer Road, Hathroi, Jaipur - 302001. This 6,500 sq. ft. outlet is positioned to bring Stanley Lifestyles' design-led home furniture solutions closer to consumers in Jaipur and the surrounding regions. The launch marks a partnership with NDA Corp LTD.The store offers an immersive shopping experience and showcases a curated portfolio designed to meet...

Shilpa Medicare Appoints Dr. Uday N. Harle as CEO of Wholly Owned Subsidiary Shilpa Biologicals Private Limited Shilpa Medicare Limited has appointed Dr. Uday N. Harle as the Chief Executive Officer (CEO) of its wholly owned subsidiary, Shilpa Biologicals Private Limited. The appointment is effective from August 3, 2026.Dr. Harle joins the leadership team bringing approximately 24 years of experience across the global biopharmaceutical industry. His expertise spans biologics and biosimilars, where he has accumulated over 18 years of experience. Furthermore, he possesses more than 14 years of experience in key leadership roles encompassing research and development, clinical development, regulatory affairs, manufacturing...

Bitcoin Surges Amid Resilience, Eases as Geopolitical Tensions Test $63,000 Support Bitcoin saw a volatile trading session on the early August 3 trade, initially breaching $63,627 before cooling off to hover near $62,828 (09:31 IST). This pullback registered a 0.95 percent decline over the last 24 hours and reflected a 3.67 percent loss in a week. The market's cautiousness is heavily influenced by ongoing geopolitical tensions between the US and Iran.Market Resilience and Institutional Interest Crypto analysis indicates that Bitcoin successfully rebounded in July, gaining more than 7.3 percent. This gain reversed two consecutive months of losses and signaled renewed resilience across the crypto asset class. Furthermore, US spot...

Artemis Medicare Services Ltd Reports Completion of Independent Director's Tenure Artemis Medicare Services Ltd has announced that Mr. Sanjib Sen has ceased to be a Director of the company upon completing his tenure as an Independent Director.The change in directorship was effective on August 2, 2026.Mr. Sanjib Sen (DIN: 07088442) completed his service as an Independent Director for Artemis Medicare Services Ltd. The specific details regarding this transition have been documented as follows:ParticularsDetailsReason for changeCompletion of tenure as an Independent Director.Date of CessationAugust 2, 2026ARTEMISMED Stock Price Movement Shares of Artemis Medicare Services Limited are edging higher to ₹301 as of 9:49 AM...

Park Medi World Posts Strong Q1 FY'27 Results, Reporting 35% Jump in Net Profit and Announcing Major Capacity Expansion Plans Park Medi World Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported significant year-on-year growth across key metrics, including a 19% rise in Revenue, a 20% increase in EBITDA, and a 35% jump in Net Profit.The rapid operational momentum is being fueled by strategic acquisitions and new hospital commissions, as the group plans to add 1,490 beds during the calendar year 2026, marking one of the largest single-period capacity additions in the company's history.Q1 FY'27 Financial Highlights The financial performance for the quarter reflected strong...

Manipal Health IPO Set for Listing After Strong Bidding; Subscription Numbers Signal Investor Interest The allotment process for Manipal Health Enterprises' highly anticipated Initial Public Offering (IPO) is expected to be finalized today, August 3. Following a three-day bidding window that concluded on July 31, investors are set to check their allocation status via the official platforms of the BSE and NSE.Shares of Manipal Health Enterprises are scheduled for listing on both the BSE and NSE markets beginning on August 5. The IPO was priced effectively within a narrow range of Rs 560 to Rs 590 per equity share, attracting significant attention from institutional and retail investors alike.IPO Subscription Details and Financial...

Encube Ethicals Set to Raise Up To Rs 3,000 Crore in IPO as Global Pharmaceutical Platform Files DRHP Mumbai-based Encube Ethicals has filed the draft red herring prospectus (DRHP) with SEBI to conduct an Initial Public Offering (IPO). The listing aims to raise up to ₹3,000 crore. This move comes as the company solidifies its position as a major pharmaceutical manufacturing platform with advanced global regulatory approvals.The IPO is structured entirely as an Offer for Sale (OFS), meaning the company will not receive any proceeds from the sale. All IPO funds generated will be distributed to the selling shareholders. Promoters Mehul Madhusudan Shah and Quadria Capital-backed Frontier Investment Holdings are set to offload shares...

Advance Technoforge Set to Debut on BSE SME; Grey Market Premium Signals Cautious Optimism Ahead of Listing Advance Technoforge Limited (ATL) is poised to make its stock market debut today, August 3, on the BSE SME platform. The company's shares are currently attracting attention ahead of the listing, with grey market indicators suggesting a controlled upside potential for investors.The current grey market premium (GMP) indicates that ATL shares are commanding a modest appreciation before trading commences. Estimated by market watchers, the stock is expected to list around Rs 99 per share against the issue price of Rs 95. This suggests a potential listing gain of nearly Rs 4 per share or 4.21%.IPO Performance and Investor Response...

Sensex, Nifty Surge as Crude Plummets; Global Markets React to Easing Geopolitical Tensions The Indian stock markets rallied strongly on Monday, with key indices rising significantly despite broader Asian market trends. The Sensex and Nifty traded higher, fueled by a sharp decline in Brent crude oil prices and rising optimism regarding geopolitical stability in the Middle East.Crude Oil Decline Drives Market Gains A major catalyst for today's positive trend was the notable drop in crude oil prices. Brent crude fell approximately 5%, settling at $83.5 per barrel. This movement came after U.S. President Donald Trump announced that talks with Iran would take place on Monday, though he refrained from setting a timeline for a final...

Mold-Tek Technologies Ltd Schedules Board Meeting to Approve Q1 Unaudited Financial Results Mold-Tek Technologies Ltd has announced that its Board of Directors will convene a meeting on Thursday, August 6, 2026. The primary agenda item for the meeting is to consider and approve the unaudited financial results (both Standalone and Consolidated) for the first quarter ended on June 30, 2026.The scheduled Board meeting is set to cover all necessary aspects related to the company's performance during the first quarter of the fiscal year.In addition to the board function, Mold-Tek Technologies Ltd has provided an update regarding its trading window status. The company commenced closing its trading window effective from July 01, 2026. This...

HBL Engineering Secures Rs 31.49 Crore Order from ICF for KAVACH Loco Equipment Supply Park Medi World Limited, operating as HBL Engineering, has secured a domestic order worth Rs 31.49 Crores (excluding 18% GST) from Integral Coach Factory (ICF), Chennai. The contract involves the supply, installation, testing, and commissioning of On-board KAVACH Loco equipment, specifically Ver.4.0.The transaction details indicate that HBL Engineering will complete the contract on or before March 31, 2028.Details regarding the commercial aspects and terms of the order are as follows:ParticularsDetailsName of awarding entityIntegral Coach Factory (ICF), ChennaiNature of transactionDomesticTotal value of contractRs 31.49 Crores...

Park Medi World Completes Zirakpur Hospital Acquisition, Announces Q1 Financial Results and Expansion Plans Park Medi World Ltd has finalized the acquisition of 'Mehar Hospital-Zirakpur,' signaling a deepening commitment to healthcare presence in the Tricity region. The company also released its unaudited financial results for the quarter ended June 30, 2026, alongside other significant operational updates concerning its network expansion and corporate structure.The acquisition of Mehar Hospital-Zirakpur from Mehar Mediserve LLP was finalized in an all-cash transaction valued at INR 107 Crores. This strategic move aligns with the Group's objective of achieving economies of scale and maximizing operational synergies through asset...

MV Electrosystems IPO GMP Jumps to Rs 115; Listing Gains Promise 27% Premium Amid Profitability Concerns The MV Electrosystems IPO is entering its final bidding day amidst robust subscription figures and surging investor sentiment. The Grey Market Premium (GMP) has stabilized at approximately Rs 115 per share, suggesting a strong market belief in the company's growth trajectory. This premium translates to an estimated listing gain of nearly 27% over the upper issue price of Rs 425.The IPO, which opened on July 30, 2026, is set for allotment on August 4 and listing on both the NSE and BSE on August 6, 2026. This stock offers a clear look into the electrical infrastructure sector tied to India's expanding railway network.IPO...

HBL Engineering Secures Rs 31.49 Crore Order from ICF for KAVACH Loco Equipment Supply HBL Engineering Limited, formerly known as HBL Power Systems Limited, has secured a significant domestic contract with Integral Coach Factory (ICF), Chennai. The order is related to the supply, installation, testing, and commissioning of On-board KAVACH Loco equipment (Ver.4.0).The company received the order from ICF for Rs 31.49 Crores (excluding 18% GST). This contract mandates that HBL Engineering Limited completes all work associated with the project on or before March 31, 2028.The transaction details indicate that it is a domestic contract and confirmed that neither the promoters nor their group companies have any interest in the awarded...