Markets

NALCO Q1 FY27 Net Profit Soars 88% to Rs.2002.38 Crore, Sets Production Records National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, has reported robust operational and financial performance for the first quarter of fiscal year 2026-27, ending June 30, 2026. The company registered an impressive 88% increase in net profit, reaching Rs.2002.38 crore.The results, which were approved by the Board of Directors in New Delhi, demonstrated strong growth across key financial metrics. Net Profit rose significantly to Rs.2002.38 crore from Rs.1063.86 crore during the corresponding quarter of the previous financial year. Furthermore, revenue generated from operations recorded a robust 39% growth, totaling...

Sundrop Brands Limited Releases Sustainability Report for FY2025-26; Highlights Operational Scope and ESG Focus Sundrop Brands Limited, which operates across diverse segments of the FMCG industry including processed foods, snacks, spreads, and edible oils, has released its Business Responsibility and Sustainability Reporting (BRSR) for the Financial Year 2025-26. The report provides detailed insights into the company's operational footprint, human capital management, and commitment to environmental protection and ethical conduct.The Company’s primary business activity, accounting for 100% of its turnover, is engaged in foods production, covering both ready-to-cook and ready-to-eat snacks, as well as edible oils. The company serves a...

MSP Steel & Power Limited Announces Q1 Financial Results; Reports Net Profit of ₹2,197.53 Lakhs Consolidated MSP Steel & Power Limited has released its Unaudited Standalone and Consolidated Financial Results for the First Quarter ended June 30, 2026. The results were reviewed by the Audit Committee and approved during a Board meeting held on July 31, 2026. Management also provided an update on fund utilization related to previously raised capital.The company confirmed that there was no default observed regarding Loans and Debt Securities for the quarter. MSP Steel & Power Limited reported key financial metrics across both standalone and consolidated results for the period ending June 30, 2026.Q1 Financial Highlights (Standalone) For...

iValue Infosolutions Announces Resignation of Chief Executive Officer Ivalue Infosolutions Limited has announced a change in its Key Managerial Personnel, as Mr. Shrikant Manohar Shitole tendered his resignation from the position of Chief Executive Officer. The company confirmed that the resignation is effective from the closing of business hours on July 31, 2026.Mr. Shitole submitted his resignation letter on July 15, 2026. He stated that he was resigning due to personal reasons.The departure marks a change in leadership within Ivalue Infosolutions Limited (formerly iValue Infosolutions Private Limited). The company confirmed the details of this transition, stating that Mr. Shitole confirmed that there were no other reasons for his...

Bluspring Enterprises Reports Q1 FY27 Growth Amid Strategic Acquisition of LSG India Bluspring Enterprises Limited has reported a robust performance for the first quarter of Fiscal Year 2026-27, driven by strong revenues across its operating segments. The company also announced the acquisition of LSG Sky Chefs India Private Limited (LSG India), marking a strategic entry into the specialized aviation ecosystem.The results show sustained growth in Q1 FY27 for Bluspring Enterprises Limited (excluding foundit). Total revenue reached INR 930 Cr, registering a 20% year-on-year (YoY) increase and a 10% quarter-on-quarter (QoQ) rise. Net Profit After Tax (PAT) stood at INR 16 Cr, reflecting a 47% YoY growth and a 14% QoQ jump.Q1 FY27...

Aarti Drugs Limited Approves Leadership Transition: Rashesh C. Gogri Elevated to Chairman, Adhish P. Patil Appointed Managing Director Aarti Drugs Limited, a leading pharmaceutical company, announced significant changes to its senior management structure following a Board meeting held on July 31, 2026. The company confirmed the elevation of Shri Rashesh C. Gogri to the position of Chairman and the appointment of Shri Adhish P. Patil as Managing Director, effective October 1, 2026.The leadership transition marks a strategic step by Aarti Drugs Limited (ADL) aimed at strengthening governance and ensuring long-term strategic growth as the company continues to scale its operations across manufacturing and R&D capabilities.Key...

Ashoka Buildcon Limited Extends Timelines for Sale of Stakes in Subsidiaries to Proposed Investor Ashoka Buildcon Limited has announced an extension of the indicative timelines regarding the sale and disposal of stakes held by the company and its subsidiary, Ashoka Concessions Limited (ACL), in several specialized subsidiaries. The extension was agreed upon with the Proposed Investor, facilitating the completion of certain conditions precedent outlined in their respective transaction documents.The transaction involves the sale of entire share capital, including the repayment of any shareholder loans, and management control over the Special Purpose Vehicles (SPVs) held by Ashoka Buildcon Limited and ACL. These SPVs include Ashoka...

Maruti Suzuki India Limited uploads investor call audio for quarter ending June 30, 2026 Maruti Suzuki India Limited has made available the audio recording of its investors' call pertaining to the financial results for the quarter that ended on June 30, 2026.The audio recording, which details the company's performance in the aforementioned quarter, was uploaded onto Maruti Suzuki India Limited's corporate website. The information is available at the designated link on the company's official platform.MARUTI Stock Price Movement On Friday, shares of Maruti Suzuki India Limited edged higher to close at ₹14234, gaining 0.37% in the session. The stock traded within a daily range, hitting a low of ₹14124 and a high of ₹14348, with total...

Cipla's Equity Share Capital Rises After Allotting Shares Under ESOS and ESAR Schemes Cipla Limited has increased its issued, subscribed, and paid-up share capital following the allotment of equity shares under two distinct employee incentive programs: the Employee Stock Option Scheme 2013-A (ESOS) and the Cipla Employee Stock Appreciation Rights Scheme 2021.The Operations and Administrative Committee of Cipla Limited sanctioned the allotment of 7,850 fully paid-up equity shares with a face value of INR 2 each. These shares were allotted as part of the exercise of employee stock options or stock appreciation rights under the named schemes.This transaction marks an update to the company's share capital structure. The total issued...

Shareholders Approve Fund-Raising and ESOP for Zee Entertainment Enterprises Limited, Boosting Financial Foundation Leading Content and Technology powerhouse, Zee Entertainment Enterprises Ltd. ('Z'), secured necessary shareholder support at an Extraordinary General Meeting (EGM) held on July 31, 2026. The shareholders approved key resolutions related to issuing fully convertible warrants to a promoter group entity and implementing the 'Truly Yours' Employee Stock Option Plan (ESOP).The approval aims to strengthen the Company’s financial base and enable it to pursue value-accretive opportunities in the increasingly competitive entertainment landscape. With access to enhanced growth capital, 'Z' plans to invest in amplifying new...

Indian Oil Corporation Limited Reports Q1 FY26-27 Operational Highlights and Major Project Status Indian Oil Corporation Limited released its financial and operational highlights for the first quarter of Fiscal Year 2026-27, ended June 30, 2026. The company provided a detailed overview of its marketing operations, key performance indicators, ongoing major projects, and segment wise capital expenditure (Capex) incurred during the period.The operational metrics for Q1 FY 2026-27 were compared against the March-to-March (MMT) figures from Q4 FY 2025-26.Operational Performance Highlights The report provided a granular look at petroleum products and other product lines.Operational IndicatorsQ1 2026-27MMT Q4 2025-26Petroleum...

CleanMax Reports Strong Q1 FY 2026-27 Performance, Highlights Record Capacity Additions and Market Momentum Clean Max Enviro Energy Solutions Limited reported a period of significant operational scale and strong growth across its renewable energy portfolio for the first quarter of Fiscal Year (FY) 2026-27. The company noted that Q1 FY 2026-27 marked a record in terms of commissioning capacity, solidifying its position as a leader in India's C&I (Commercial and Industrial) renewable energy market.The company highlighted the accelerating pace of its execution capabilities, stating that 0.53 GW of renewable energy capacity was commissioned during Q1 FY 2026-27. This achievement alone surpassed the total capacity commissioned throughout...

C. Jayadev Relinquishes Charge as Executive Director (Environment) at Coal India Limited Coal India Limited announced the change in its senior management structure, confirming that Shri C. Jayadev has relinquished his charge as Executive Director (Environment). This transition became effective on August 1, 2026.Shri C. Jayadev, bearing EIS No. 90082603, attained superannuation and consequently handed over the executive role at Coal India Limited.COALINDIA Stock Price Movement On Friday, Coal India Limited shares edged higher, closing at ₹414.15 after gaining 0.66%. The equity traded on a volume of 5.93 million shares, reflecting solid end-of-week momentum.

Exhicon's Development Pipeline Reaches Quarter of India's Indoor Exhibition Capacity; Secures Landmark ACMA Contract Exhicon Events Media Solutions Limited (EXHICON) has emerged as a fast-growing developer in the Indian MICE infrastructure space, reporting that its purpose-built exhibition venue development pipeline now represents 25% of India's current operational indoor capacity. This milestone is significantly bolstered by a major contract awarded by the Automotive Component Manufacturers Association of India (ACMA).The company's ongoing projects represent a pipeline of 1,25,000 Square Metres in purpose-built exhibition venues across India. This figure accounts for one in four square metres of the current operational indoor...

Content Powerhouse Optimystix Entertainment to Surge in IPO After Strong Profit Growth Report IPO Details and Market Valuation for Optimystix Entertainment Optimystix Entertainment India, the producer behind popular content like Comedy Circus and Crime Patrol, has announced its plan to tap capital markets through an Initial Public Offering (IPO). The company aims to raise up to ₹107.88 crore by launching the public subscription on August 7.The IPO pricing band is set at ₹165-₹174 per share, placing the overall valuation of Optimystix Entertainment at ₹405 crore. This listing makes the company a key player among SME companies debuting in the first week of August, alongside three other firms.Structure of the Offering and Investor...

Jayant Agro Organics Announces 34th Annual General Meeting and Recommends Dividend<p>Jayant Agro Organics Limited has scheduled its 34th Annual General Meeting (AGM) for shareholders, alongside recommending a dividend for the Financial Year 2025-26.</p><p>The AGM is set to be held on Saturday, September 12, 2026. The meeting will commence at 11:00 a.m. IST and will proceed via Video Conference or other Audio Visual Means (OAVM).</p<p>In relation to the company's performance for the Financial Year 2025-26, the Board of Directors has recommended a dividend equivalent to 70%. This translates to Rs 73.50 per equity share, which is based on the fully paid-up share value of Rs 75.</p<p>The company also designated August 7, 2026, as the...

Physicswallah Limited Reports Resignation of Senior Vice President-Tech Physicswallah Limited has announced the resignation of Mr. Pulkit Swarup, its Senior Vice President-Tech. The decision was made due to personal and family commitments.Mr. Swarup tendered his resignation on July 22, 2026, stating that it is driven entirely by personal and family commitments. His last day at Physicswallah Limited will be the close of business hours on July 31, 2026.The company shared its sincere appreciation for the valuable contributions made by Mr. Swarup during his tenure with the organization.Key details regarding the change in senior management personnel are summarized below:ParticularsDetailsReason for changeResignation on account...

Sarveshwar Foods Posts Q1FY27 Results, Reporting 358.03 Cr in Revenue from Operations Sarveshwar Foods Limited (SFL), an ISO 22000:2018 and USFDA certified company operating in the agro-product FMCG sector, reported its financial results for the first quarter of FY27. The company maintained steady demand across key domestic and international markets despite global economic uncertainties.The consolidated results show robust performance in revenue growth. For Q1FY27, Sarveshwar Foods generated Revenue from Operations of 358.03 Cr.Financial highlights comparing Q1FY27 with Q1FY26 are detailed below:Financial MetricQ1FY27 (Rs. Cr.)Q1FY26 (Rs. Cr.)Year-on-Year GrowthRevenue from Operations358.03301.3518.81%EBITDA17.3117.131.07%...

NSE Pays Rs 714 Crore to Sebi to Settle Long-Pending Colocation Case Ahead of Mega IPO The National Stock Exchange of India (NSE) has completed the settlement of a long-pending colocation and dark fibre case with the Securities and Exchange Board of India (SEBI). The exchange paid Rs 714.74 crore, finalizing its obligations under a revised settlement agreement amounting to Rs 1,491.21 crore. This payment concludes years of regulatory engagement as NSE gears up for one of the largest Initial Public Offerings (IPO) in Indian capital markets.The payment marks the culmination of both the recent deposit and the final balance against SEBI's demand notice dated July 30, 2026. In total, the settlement accounts for Rs 1,491.21 crore, which...

ITC Net Profit Plummets 27% as Record Tax Burden and West Asia Crisis Bite into Margins ITC reported a significant decline in its standalone first quarter net profit, which fell by 27% year-on-year. The conglomerate's core business faced intense pressure from unprecedented increases in cigarette taxation and trade disruptions stemming from the West Asia crisis. ITC posted a net profit of ₹3,578.82 crore for the quarter ended June.Profit Decline Driven by Tax Pressure and Market Headwinds While revenue from operations saw a healthy rise of 28% to ₹26,943.23 crore, net revenue experienced a drop of 14%. This performance fell short of market expectations, as analysts had anticipated only a 10-11% decline in both net sales and net profit...