Markets

Mawana Sugars Ltd Announces Board Meeting for Unaudited Financial Results of Quarter Ended June 30, 2026 Mawana Sugars Ltd has scheduled a Board meeting to review the Unaudited Financial Results (Standalone and Consolidated) for the quarter ending on June 30, 2026.The company announced that the Board of Directors will convene on Saturday, August 8, 2026, to take on record these financial results.In addition to the board meeting notice, Mawana Sugars Ltd provided an update regarding insider trading restrictions. The trading window for the company's securities has been closed and is expected to remain restricted until August 10, 2026, following the declaration of the aforementioned results.MAWANASUG Stock Price Movement Shares of...

Swiggy and Eternal Surge as Zepto IPO Valuation Crisis Reshapes Quick Commerce Landscape The struggles faced by quick-commerce giant Zepto are rapidly shifting investor sentiment across India’s fast-moving consumer goods sector. As Zepto grapples with a steep valuation reset amid institutional resistance, listed rivals Swiggy and Industry leader Eternal are experiencing significant rallies, suggesting that market consolidation is on the horizon in this fiercely competitive space.Zepto IPO Turmoil Triggers Valuation Reset Zepto’s planned Initial Public Offering has met stiff opposition from domestic mutual funds and large institutional investors. These parties expressed concern over the company's excessive cash burn and its ambitious...

Raj Rayon Industries Board Meeting Scheduled to Review First Quarter Un-Audited Financial Results Raj Rayon Industries Ltd. has scheduled a Board meeting to review the Un-Audited Financial Results for the first quarter ending June 30, 2026. The meeting is set for Wednesday, August 12, 2026, and will cover the financial statements of the company along with any other business requiring board approval.The purpose of the gathering is to consider and record the Un-Audited Financial Results/statements pertaining to the first Quarter ended on June 30, 2026.In addition to the Board meeting announcement, the company has also provided an update regarding the trading window for its insiders and designated persons. The trading window for...

Almondz Global Securities Limited Reports Standalone and Consolidated Unaudited Financial Results for Quarter Ended June 30, 2026 Almondz Global Securities Limited has released its unaudited financial results for the quarter ending June 30, 2026. The Board of Directors reviewed and approved the performance figures for both standalone and consolidated entities, which have been independently reviewed by M/s Mohan Gupta & Co. Chartered Accountants.The Company’s standalone operations showed specific revenue streams across various categories. Overall financial results were presented along with a Limited Review Report issued by its Statutory Auditors.Standalone Financial Performance (Quarter Ended June 30, 2026) For the quarter ending...

Subscription Explodes: Poojaa Precision IPO Allotment Expected Today as Market Grades Near-75% Listing Gain Poojaa Precision Engineering is set for its SME IPO allotment today, July 31. The three-day bidding period saw massive investor interest in the Rs 160-crore issue. Given the stellar market reception, with shares currently trading at a significant grey market premium (GMP), investors are eagerly awaiting the final status update.IPO Performance and Market Reaction The IPO generated overwhelming demand, attracting subscriptions totaling 259.42 times across all categories. Investors placed bids valued close to Rs 30,000 crore for the offering. The issue was offered within a price band ranging from Rs 285 to Rs 301 per share.The...

Banks' Holdings Hold Steady: Massive Liability Flows and Credit Portfolios detailed in RBI Position Statement The Reserve Bank of India (RBI) has released the Scheduled Banks' Statement of Position as on July 15, 2026. This comprehensive release provides a granular view into the financial architecture of Indian banking institutions, detailing liabilities, assets, investment portfolios, and credit exposure across various segments of the commercial banking sector.The data underscores the steady management of core financial obligations by scheduled banks amid fluctuating market conditions. The report gives crucial insight into how banks are currently funded and where their capital is being deployed across domestic and international...

Astra Microwave Surges 12% as HAL Order of ₹2,205cr Boosts Defense Sector Rally Mixed Quarterly Performance and Strategic Wins Drive Stock Movement The Indian equity market remains highly focused on company-specific developments following the announcement of various corporate earnings and key strategic order wins. Several stocks are expected to capture investor attention on July 31 as the market digests these diverse financial results and announcements.Astra Microwave Products, in particular, saw a sharp rise after announcing a significant contract. The share price surged by 12% following the securing of an order valued at ₹2,205.23 crore from Hindustan Aeronautics (HAL). This large order is for the supply of 122 Advanced Airborne...

Ujaas Energy and Astra Microwave Surge as Momentum Stocks Breakout on Technical Strength Rally While the broader market remains short on major fundamental catalysts, specific stock segments are exhibiting powerful technical momentum. On July 31, several stocks showed sustained buying interest, trading significantly above key moving averages, signaling a positive near-term trend in certain sectors.Tech and Energy Stocks Capture Massive Momentum Gains Ujaas Energy led the surge among high performers, rallying 18.33% to ₹152. This significant gain sees the stock trading comfortably above its short-term (30-day), medium-term (50-day, 150-day), and long-term (200-day) moving averages, confirming a strong, broad-based upward trend.Astra...

Swiggy Plunges Amid Q1 Loss; Analysts Weigh Growth Prioritization Against Path to Profitability Swiggy shares tumbled as much as 6% on the BSE, hitting an intraday low of Rs 280. The quick commerce and food delivery major reported a consolidated net loss of Rs 791 crore for the first quarter of FY27. This loss represents a substantial decline when compared to the Rs 1,197 crore net loss recorded in the previous year period.Despite the stock’s drop, the company showed some signs of improving its bottom line across key operational areas. Revenue from operations surged by over 37% year-on-year (YoY) during the April–June quarter, reaching Rs 6,812 crore, up significantly from Rs 4,961 crore in the corresponding period last year...

PC Jeweller Achieves Near Debt-Free Status After Repaying Over 96 Percent of Bank Loans PC Jeweller is set to remain a key focus in the market as the company announces major progress towards fulfilling its financial obligations. In an exchange filing, the firm confirmed that it has successfully processed and repaid a substantial portion of its outstanding bank debt. This development marks a significant step following its earlier repayment of all existing debt owed to five of the 14 consortium banks.Milestone Reached in Bank Debt Repayment The company stated that it has now managed to repay more than 96 percent of its outstanding bank debt. This substantial reduction signals improved financial stability as PC Jeweller moves forward...

Sensex Surges Over 50 Points as Global Rally Continues; Nifty Breaks Key Levels Amid AI Uncertainty The Indian stock market extended its ascent for a third consecutive session on Friday. Both key benchmark indices, the Sensex and the Nifty 50, traded higher amid sustained bullish sentiment from global markets. The positive momentum saw the NSE witness 1,473 advances against 844 declines, with 94 stocks remaining unchanged.Market Indices Climb Amid Broader Gains At 9:22 am, the Sensex gained over 50 points, reaching a level of 77,950. Similarly, the Nifty 50 added more than 50 points, trading above the 24,350 mark. Broader equity markets also tracked the rally, with the Nifty Midcap 100 and Nifty Smallcap 100 indices registering a rise...

Mahindra & Mahindra Surges 3% on Stellar Q1 Earnings; Analysts Pinpoint Auto and EV Growth as Key Drivers Mahindra & Mahindra (M&M) shares saw a strong uptick in the market, climbing as much as 3% to reach Rs 3,365 on the BSE on Friday. The surge followed the announcement of robust first-quarter results for the SUV major. M&M reported a 7% year-on-year (YoY) rise in standalone net profit for the June quarter.The company's revenue from operations grew by a substantial 23% YoY, reaching Rs 41,920 crore. This growth was reflected as standalone profit stood at Rs 3,685 crore compared to Rs 3,450 crore in the corresponding quarter last year.Analyst Viewpoints: Valuations and Upside Potential The company’s strong performance has led...

Divis Laboratories Announces Retirement of Senior Executives, Including VP Procurement and Projects Divi's Laboratories Limited has announced that two members of its senior management team, Mr. L. Ramesh Babu and Mr. D. Madhu Babu, will be retiring from the company. Both executives are set to cease being part of the Senior Management Personnel as of July 31, 2026.Mr. L. Ramesh Babu held the position of Vice President (Procurement), while Mr. D. Madhu Babu served as Vice President (Projects). The retirement of both senior members will be effective at the close of business hours on the specified date.The details regarding the cessation of these executives are summarized below:NameDesignationCessation ReasonDate of CessationMr...

Honda India Power Products Limited announces retirement of Senior Management Personnel Honda India Power Products Limited has announced the retirement of Ms. Shankaran Radhika, a Senior Management Personnel (SMP) at the company.Ms. Radhika, who held the position of General Manager Finance & Accounts, will cease her services with the company effective from close of business hours on July 31, 2026. Consequently, she will no longer be considered a Senior Management Personnel starting August 01, 2026.The company confirmed the retirement status of Ms. Radhika, detailing the cessation and related information in its statement.Key details regarding the change are as follows:ParticularsDetailsNameMs. Shankaran RadhikaReason for...

L&T Energy Hydrocarbon Onshore Secures Six-Year EPC Framework Agreement with Petroleum Development Oman Larsen & Toubro (L&T) has signed a six-year Engineering, Procurement and Construction (EPC) Framework Agreement with Petroleum Development Oman (PDO), Oman's leading oil and gas company. This agreement strengthens the partnership between the two organizations.Under the framework, L&T has been selected as one of four EPC contractors to participate in PDO's future front-end engineering design and EPC projects throughout the duration of the agreement. The contract allows L&T to leverage its integrated engineering and execution capability, global expertise, and innovation to meet PDO's upcoming project requirements.L&T is also...

MV Electrosystems IPO Races to Listing: Grey Market Premium Surges as Subscription Reaches Multi-Times Figure MV Electrosystems entered a highly anticipated second day of bidding, with the stock price commanding significant optimism in the unofficial markets. The Grey Market Premium (GMP) for the IPO continues its sharp ascent, signaling strong investor appetite and suggesting substantial listing gains for those who secure an allotment.GMP Reaches New Peak Amid Robust Demand The GMP for MV Electrosystems has climbed to approximately Rs 125 per share, a marked increase from the Rs 105 registered on the previous day. This jump indicates that investors expect the stock to trade at nearly a 30% premium over the upper issue price of Rs...

Juniper Green Energy IPO Reaches Day Two: GMP Slips Amid Steep Valuation Concern, Long-Term Growth Promises Hold Firm The Rs 1,800-crore Juniper Green Energy IPO entered its second day of bidding on Friday. The offering presents a significant opportunity for investors looking into India's clean energy transition. While the grey market indicates a modest listing premium, the company offers strong long-term growth potential backed by stable government contracts.The latest Grey Market Premium (GMP) stands at Rs 8 per share, translating to approximately 3.56% over the upper price band of Rs 225. Based on this trend, the estimated IPO debut price is around Rs 233 per share. Investors should note that grey market premiums remain unofficial...

Silverstorm IPO Set for SME Debut as Financial Surge Drives Investor Interest Shares of Silverstorm Parks & Resorts are due to debut on the BSE SME platform, providing investors a look into the growth trajectory of India’s integrated tourism sector. While the market sentiment is cautiously optimistic, a 4% grey market premium (GMP) suggests that analysts expect gains above the issue price. The company has successfully completed its IPO and anchor period ahead of the listing.IPO Subscription and Listing DetailsThe IPO, which constituted an entirely fresh issue of 62 lakh equity shares, successfully raised Rs 82.43 crore from investors during the subscription window (July 24 to July 28). The offering received a solid response across...

Manipal Health IPO Stalls: Subdued Demand and Cautious GMP Drive Investors to Wonder If Subscription is Worth It Manipal Health Enterprises’ massive Rs 9,275-crore Initial Public Offering has entered its final day of bidding with investor interest showing a decidedly muted response. The issue, backed by Temasek and prominent healthcare entrepreneur Ranjan Pai, continues to garner cautious attention from the market. As the offering concludes, investors are left questioning whether the premium valuation warrants subscribing to the shares.Subscription Snapshot as Day 2 Concludes By the close of Day 2, the IPO had achieved an overall subscription rate of 45% against the total allotment of 9 crore shares. The retail investor quota was...

Acquirers Launch Open Offer for RR Metalmakers India Ltd Shares A collective of three entities—RB International Holdings Limited, Suyog Yogesh Desai, and Nikita Suyog Desai—has initiated an Open Offer to acquire equity shares from the public shareholders of RR Metalmakers India Limited. The offer relates to the acquisition of a portion of the company's stake following a significant underlying transaction.The Open Offer is being conducted by the Acquirers for up to 2,342,295 fully paid-up equity shares of RR Metalmakers India Limited. Each offer share has been priced at ₹ 23.85. If the entire open offer size is accepted, the total consideration payable by the Acquirers would amount to ₹ 5,58,63,735.75. The Offer Price is payable in...