Markets

Maruti Suzuki and ITC Show Mixed Results as Nifty Surpasses 200 DMA, Eyes New All-Time Highs Markets extended their winning streak on Friday, driven by a mix of encouraging corporate updates and sustained technical strength. Analysts note that the Nifty has solidified its bullish structure after clearing the critical hurdle of the 200-day Exponential Moving Average (EMA) near 24,370. The index is now positioned to approach the previous swing high at 24,600, with a breakout above this zone potentially paving the way for a move toward 25,000.Automotive Sector Performance and Financial OutlookMaruti Suzuki reported mixed results in its first-quarter earnings. The auto major recorded a standalone net profit of Rs 3,352 crore, marking an...

LEAP India IPO Fixes Price Band at Rs 151-Rs 159 Amid Robust Financial Surge and Strategic Growth Plans LEAP India, a supply chain management and asset pooling solutions provider backed by KKR, has finalized the price band for its upcoming Initial Public Offering (IPO). The company is seeking ₹2,480 crore through the IPO, setting a share price range of Rs 151 to Rs 159.The market debut is scheduled for August 14th, with subscription opening on August 7. Anchor book placement is set for one day prior, and the IPO closes on August 11. Allotment is expected by August 12, followed by share listing.Structure of LEAP India's Mammoth IPO The comprehensive IPO structure includes a fresh issue worth Rs 480 crore. This primary offering will...

Amara Raja Energy Poised for Breakout as Ascending Triangle Pattern Nears Critical Stage Amara Raja Energy & Mobility Limited (ARE&M) remains a key focus in the competitive auto component sector. The stock has been exhibiting prolonged consolidation, operating within a narrow price range since April 2025. Technical analysts note that ARE&M is now situated on the brink of a significant breakout from an established ascending triangle formation.Technical Signals: Understanding the Ascending Triangle Pattern The company's movement over recent months showcases classic signs of technical accumulation and consolidation. The stock has been methodically consolidating in a narrow band, suggesting underlying supply and demand pressures are being...

Keto Motors Ltd Enters MoUs with Major Mobility Providers for Electric Bus Deployment Keto Motors Limited, formerly Taaza International Limited, has signed Memorandum of Understandings (MoUs) with three prominent employee transportation and mobility service providers. The agreements, executed on August 2, 2026, outline collaborations centered around the deployment of Keto Motors' 9-metre electric buses.The MoUs record the partnership between Keto Motors Ltd and STS Wheels Private Limited (Sony Transport), Svida Mobility Private Limited, and Hybrid Fleet Management Pvt Ltd. These companies are involved in a firm ordering process for the company’s electric fleet vehicles.As an expression of interest, these agreements set the stage for...

Voith Paper Fabrics India Ltd Announces Key Dates: 56th AGM, Record Date, and Book Closure Voith Paper Fabrics India Ltd has announced the schedule for its 56th Annual General Meeting (AGM), along with crucial dates pertaining to dividend entitlement and corporate record keeping for the financial year 2025/26.The AGM is scheduled to be held on Wednesday, August 19, 2026, at 3:30 p.m. (IST). The meeting will be conducted through a Video Conference (VC) or Other Audio Visual Means (OAVM), and the company plans to offer remote e-voting facilities to its shareholders for transacting business outlined in the AGM notice.E-Voting and Member Eligibility Dates The company has set specific dates for members to exercise their voting rights and...

LEAP India Prepares Major Debut as Seven IPOs Set to Hit Dalal Street Next Week The primary market is bracing for a significant surge in activity starting next week, with seven major Initial Public Offerings (IPOs) scheduled to open for subscription. Furthermore, eleven new companies are set to make their stock exchange debut across both the mainboard and SME segments, signaling robust momentum in the corporate fundraising landscape.Key Mainboard IPOs Set to Raise Significant Capital The upcoming week brings several high-profile offerings expected to raise a combined nearly Rs 3,500 crore. This includes more than Rs 3,000 crore from three substantial mainboard issues that are generating considerable investor interest.Ardee...

Samtel India Ltd. Schedules Board Meeting to Approve June Quarter Financials Samtel India Ltd. has announced that its Board of Directors will meet on Wednesday, August 12, 2026. The meeting is scheduled at the company's registered office located in New Delhi.The primary agenda item for the Board Meeting is the consideration and approval of the Un-audited Financial Statement of the company. This financial statement covers the quarter ending June 30, 2026.The board meeting, as notified by Samtel India Ltd., will take place at its registered office situated at 1212, 12th Floor, 43 Chiranjiv Tower, Nehru Place, New Delhi 110019.Stock Price Movement Samtel India Ltd.'s shares closed on Friday, settling at ₹43.56, after declining by...

Purity Flexpack Ltd to Hold Board Meeting to Approve Q1 2026 Financial Results Purity Flexpack Limited has scheduled a meeting of its Board of Directors to consider and approve the company's Unaudited Financial Results for the quarter ended June 30, 2026.The Board meeting is set to take place on Saturday, August 8, 2026, starting at 11:00 a.m. The meeting will be held at Vanseti, Nr. Baska, Halol GJ 389 350.The primary agenda item for the board includes reviewing and approving the financial outcomes for the quarter that concluded on June 30, 2026. Attendees are expected to review the Limited Review Report prepared by the Statutory Auditors of the Company. The meeting will also cover any other matters approved by the chair.Stock...

NALCO & Pharma Stocks Surge on Massive Profit Reversals; SEBI Bars Zee Entertainment Amid Corporate Scrutiny Quarterly Earnings Drive Market Sentiment: Divis Labs, Glenmark See Significant Jumps The quarterly results released today showcase a varied picture across key sectors. While some companies faced profit decline, others delivered explosive growth. Divis Laboratories saw its Q1 (Consolidated YoY) Profit spike by 65.5%, reaching ₹902 crore from ₹545 crore, driven by a 27.8% rise in Revenue to ₹3,080 crore.National Aluminium Company (NALCO) reported dramatic results for Q1 (Consolidated YoY), with its Profit soaring 90.9% to ₹2,003.1 crore from ₹1,049.5 crore. Similarly, Glenmark Pharma’s Q1 (Consolidated YoY) saw profit grow over...

IPO Surge Looms as Rs 9,500 Crore in New Offerings Set for Early August Rally Despite underlying global market volatility fueled by renewed US-Iran tensions and crude oil prices crossing $100 per barrel, the primary market maintains a robust trajectory. A pipeline of seven companies is set to tap the capital markets in early August, targeting a combined raise of approximately Rs 9,500 crore. This strong momentum continues the positive trend witnessed in July's record-setting performance for the IPO segment.Major High-Value Offerings Expected in Early August Several high-profile companies are poised to make their debut in the coming weeks. Dhoot Transmission is anticipated among them, with its offering expected to raise around Rs 2,500...

Britannia Industries Limited Appoints Mr. Siddharth Parakh as Head - Strategy & Business Development Britannia Industries Limited has appointed Mr. Siddharth Parakh to the role of Head - Strategy & Business Development, effective from August 3, 2026. The decision was made by the Company’s Board of Directors during a meeting held on August 2, 2026, following recommendations from the Nomination and Remuneration Committee.Mr. Parakh joins Britannia Industries Limited with over 13 years of diverse experience spanning Corporate Strategy, Mergers and Acquisitions (M&A), Investments, and Capital Allocation.Prior to joining the company, Mr. Siddharth held a key role in the Group CFO & Group Strategy Office at Tata Sons for 4.5 years, where...

HFCL Secures International Orders Worth ~USD 54.81 Million for Optical Fiber Cables HFCL Limited has secured substantial export orders totaling approximately USD 54.81 million, equivalent to INR 522.73 crore, for the supply of optical fiber cables (OFC) from various international customers. These contracts affirm the high level of technological excellence and product quality that HFCL provides to its clientele.The successful acquisition of these international orders underscores the company's strong standing in the global market. The details pertaining to the secured contracts confirm that the business involves supplying optical fiber cables customized according to customer specifications.Key parameters of the export contracts are...

Search and Seizure Operation Conducted at Unifinz Capital India Ltd Corporate Office A search and seizure operation was conducted at the corporate office of Unifinz Capital India Ltd by officials from the Cyber Crime Police Station in Bangalore on Saturday, August 1, 2026.The company's facility, located at MCT House (Floor 1), New Friends Colony, Near Sukhdev Vihar Metro Station, New Delhi - 110025, was the site of the operation. Unifinz Capital India Ltd stated that it extended full cooperation to the authorities and provided all necessary assistance during the proceedings.According to the information currently available within the company, the ongoing operations and business activities of Unifinz Capital continue in the ordinary...

GSM Foils Limited Confirms Uninterrupted Operations Amidst Incident Involving Promoters GSM Foils Limited has confirmed that its manufacturing, commercial, and administrative operations remain uninterrupted following a personal incident involving two of its promoters. The company stated that senior management and employees are ensuring the normal course of business continues despite the circumstances.The update provided on August 02, 2026, detailed the situation concerning the company’s leadership. Mr. Mohansingh Parmar, Managing Director and Promoter of GSM Foils Limited, sustained injuries in a firing incident and is currently receiving medical treatment; his condition has been reported as stable.Additionally, the company...

InstaHelp by Urban Company crosses 100,000 daily delivered orders Gurugram: Urban Company Limited reported that its quick-service housekeeping vertical, InstaHelp, reached a milestone of over 100,000 delivered orders in a single day on Sunday, August 2, 2026. The figure was recorded as of 5:54 pm on the specified date, marking the peak daily orders delivered for the service.The achievement signifies significant consumer demand for InstaHelp. CEO and Co-founder Abhiraj Singh Bhal commented on the milestone, noting that crossing this threshold is notable given they crossed 50,000 delivered orders just five months prior. He stated that the success reflects both growing consumer demand and the strength of the operating model built at...

BCC Fuba India Ltd Board Meeting Set for August 8 to Review Q1 Financial ResultsBCC Fuba India Limited has scheduled its Eighty-Third Board of Directors meeting on Saturday, August 8, 2026. The meeting is set to be held at 11:00 A.M. at the company's office located at 109, Wing II, Hans Bhawan, Bahadur Shah Zafar Marg in New Delhi, India.The primary agenda item for the Board includes considering and approving the Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026. Additionally, the meeting will address the Limited Review Report pertaining to these same Unaudited Financial Results.In compliance with regulations governing insider trading periods, the company confirmed that the trading window...

Arvind Ltd: Special Resolution to Raise Capital Approved by Shareholders with Over 99% Vote in Favour The shareholders of Arvind Ltd approved a crucial special resolution pertaining to raising capital through the issuance of Equity Shares and/or other Eligible Securities. The resolution received overwhelmingly positive support, being passed on August 2, 2026, with approximately 99% or more of total votes polled in favour.The results stem from a Postal Ballot notice issued on July 3, 2026, during which voting commenced on July 4, 2026, and concluded on August 2, 2026.The resolution required the approval of members as a Special Resolution to facilitate the capital raising initiative. The Scrutinizer's report showed strong consensus...

Ather Energy Grants 1,055 Employee Stock Options under ESOP 2025 Ather Energy Limited announced the grant of stock options to its eligible employees. The company’s Nomination and Remuneration Committee (NRC), which met between 02:25 PM (IST) and 4:20 PM (IST) on August 02, 2026, approved the allocation of 1,055 Employee Stock Options (ESOPs) under the Ather Energy ESOP 2025 plan.The grant was made to eligible employees as part of the company’s ongoing commitment through its ESOP Plan, which is governed by and based on the plan approved by the shareholders.According to the details provided for the options granted, these stock options relate to a total of 1,055 equity shares of the Company, with each share having a face value of INR...

Olympic Management and Financial Services Limited Schedules Board Meeting to Review Q2 2026 Unaudited Results Olympic Management and Financial Services Limited has scheduled a meeting of its Board of Directors to consider the Unaudited Financial Results and the Limited Review Report for the quarter ended June 30, 2026.The Board meeting is set to take place on Thursday, August 13, 2026, at 3:30 p.m. (IST). The event will be held at the company's Registered Office located at 42, Gopal Bhawan, 199, Princess Street, Mumbai, 400002.The meeting is scheduled to take on record the Un-Audited Financial Results (Standalone) for the quarter ended June 30, 2026, as well as the Limited Review Report prepared by the Statutory Auditor for the same...

Bondada Engineering Ltd Announces Board Meeting to Approve Q2 Financial Results; Trading Window Status Confirmed Bondada Engineering Ltd has scheduled a meeting of its Board of Directors to review and approve the financial performance for the quarter ended June 30, 2026. The company also provided an update regarding the current status of its trading window.The Board Meeting is set to be held on Wednesday, August 5, 2026, at the corporate office located in Hyderabad. The primary agenda item for the meeting includes considering and approving the unaudited Financial Results of the Company, alongside the Auditor's Limited Review Report, pertaining to the quarter ended June 30, 2026. Members of the Board will also address any other matters...