Markets

Yen Surges as Tokyo Intervention Rescues Currency After 40-Year Low; BOJ Decision Looms The Japanese yen experienced a significant recovery after an intervention conducted by Tokyo authorities in the currency markets on Friday. This decisive action pulled the previously sagging currency away from its four-decade lows, sparking renewed buying interest ahead of the Bank of Japan's (BOJ) upcoming policy meeting. The market saw the US dollar gaining up to 0.45% to $160.175 in early trading after it had suffered a sharp decline of 2.4% in its previous single-day session.The Impact of Market Intervention on Yen Stability A market source confirmed that Japan conducted a yen-buying and dollar-selling intervention during the New York session...

Standard Engineering Technology Completes Acquisition of 33.55% Stake in GScale Energy Private Limited Standard Engineering Technology Limited has successfully completed the acquisition of a 33.55% stake in M/s. GScale Energy Private Limited. The transaction was finalized on July 30, 2026, marking a significant milestone for the technology firm.The acquisition involved the remittal of the entire cash consideration, as stipulated under the definitive agreements signed between the companies. Following this payment, M/s. GScale Energy Private Limited allotted equity shares to Standard Engineering Technology Limited on July 30, 2026.With the completion of the stake purchase, Standard Engineering Technology Limited now holds 33.55% of...

Ravindra Energy Secures Term Loan Facility of Up To Rs 100 Crore from Tata Capital Limited Ravindra Energy Limited has secured a Term Loan facility amounting to not exceeding Rs 100 crore from Tata Capital Limited. The loan agreement, executed on July 30, 2026, is intended to fund investments required by the company in solar project SPVs, separate from existing project finance loans at these SPVs.The agreement between Ravindra Energy Limited and Tata Capital Limited outlines the terms of the credit facility. Key details regarding the loan are as follows:FeatureDetailBorrowerRavindra Energy Limited (REL)LenderTata Capital Limited (TCL)Principal AmountNot exceeding Rs 100 CroresExecution DateJuly 30, 2026Interest...

Quick Heal Technologies Reports Q1 FY27 Results; Highlights Strategic Wins and Governance Changes Quick Heal Technologies Limited has announced its unaudited financial results for the quarter ending June 30, 2026. The company reported key strategic advancements across enterprise security, a focus on R&D, alongside updates regarding corporate governance and operational structure following the Board meeting held on July 30, 2026.The consolidated results show the company's performance in Q1 FY27 compared to previous periods. The standalone unaudited financial statements provide details on profitability metrics for the quarter.Financial Summary (in Crores):ParticularsQ1 FY26Q4 FY26Q1 FY27Revenue from Operations57.248.745.0...

Jayant Agro Organics Fixes Record Date for Dividend Proposal in AGM Jayant Agro Organics Limited has announced the record date for its upcoming Annual General Meeting (AGM) and provided details regarding a potential dividend for the financial year 2025-26. The company fixed Friday, August 07, 2026, as the record date to determine members eligible for payment of the equity dividend, should it be declared at the AGM scheduled for Saturday, September 12, 2026.The Board of Directors had previously recommended a final dividend @ 70%, amounting to Rs. 3.50 per share on Equity Shares of Rs. 5/- each fully paid up. This recommendation was made during a board meeting held on Friday, May 29, 2026, and is now subject to approval by the members...

Kotyark Industries Approves Auditor Change, Sets Date for AGM and Announces Dividend Kotyark Industries Limited announced several key decisions following its Board meeting held on July 30, 2026. The outcomes included the approval of a new Statutory Auditor, the appointment of a Secretarial Auditor, and setting the stage for the upcoming 10th Annual General Meeting (AGM), during which management will address the proposed final dividend.The company approved the draft Notice of its 10th AGM and the Directors' Report pertaining to the financial year ended March 31, 2026. The 10th AGM is scheduled to be held on Saturday, August 22, 2026, utilizing a Video Conferencing/Other Audio-Visual Means (VC/OAVM).Dividend and Shareholding Details...

Lemon Tree Hotels Launches Keys Prima in Mussoorie, Boosting Uttarakhand PortfolioNew Delhi, July 30, 2026: Lemon Tree Hotels Limited, a prominent name in the Indian hospitality industry, has announced the opening of Keys Prima by Lemon Tree Hotels, located on Kempty Road in Mussoorie. This property marks the group's second operational hotel in Mussoorie and significantly advances its presence in Uttarakhand, bringing the company's total operational portfolio in the state to 10 hotels, with an additional 11 properties planned across Uttarakhand.Keys Prima by Lemon Tree Hotels is managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited. The property features 47 thoughtfully designed rooms...

Silver Touch Technologies Schedules 32nd AGM; Recommends Dividend of ₹0.10 Per Share Silver Touch Technologies Limited has set the date for its 32nd Annual General Meeting (AGM) while recommending a dividend payment to its shareholders. The company also established the record date necessary for determining shareholder entitlement regarding the proposed dividend.The AGM is scheduled for Monday, August 24, 2026, and will be conducted through Video Conferencing or other Audio-Visual Means.Prior to this meeting, the Board of Directors had recommended a dividend amounting to ₹0.10 per equity share of ₹2 each. This recommendation, which represents 5% per equity share, remains subject to approval by the members of the Company at the AGM...

TVS Motor Unveils New Marvel Doctor Doom Variant for Raider Super Squad Edition Bengaluru, July 30, 2026 — TVS Motor Company Limited, a global leader in two and three wheeler manufacturing, has expanded its offerings with the introduction of a new Doctor Doom-inspired variant of the highly popular TVS Raider Super Squad Edition. The new edition targets young riders by combining expressive styling with everyday performance, drawing inspiration from Marvel's iconic characters.The announcement came following the post-credit sequence of the newly released film, Spider-Man: Brand New Day, in select theaters across India. Drawing upon the commanding presence of Doctor Doom, the latest Super Squad Edition features a striking spectral green...

Data Patterns Reports Q1 FY27 Results, Boosts Order Book While Announcing Strategic Acquisition Chennai, July 30, 2026 - The Board of Directors at Data Patterns (India) Limited, a provider of strategic Defense and Aerospace Electronics Systems, approved its limited review financial results for the quarter ending June 30, 2026. In a key operational update, the company also greenlit the acquisition of a Chennai-based composite manufacturing entity to bolster its in-house capabilities.The financial performance metrics show movement across key indicators compared to Q1 FY25–26. Total Income for the quarter stood at Rs. 123.3 Cr, up from Rs. 109.9 Cr, while Revenue from Operations reached Rs. 116.0 Cr, an increase from Rs. 99.3 Cr in the...

ICICI Bank Completes USD 1 Billion Senior Unsecured Fixed Rate Note Issuance ICICI Bank Limited has successfully completed the issuance of USD 1 billion in Senior Unsecured Fixed Rate Notes. This transaction falls under the scope of the bank's larger USD 7.5 billion Global Medium Term Note Programme.The newly issued notes have been assigned credit ratings by leading international agencies. S&P Global Ratings rated the notes at BBB, while Moody's Ratings provided a rating of Baa3.The issuance provides diversification within the context of ICICI Bank Limited's debt financing strategy. The completed transaction involves critical components of the ongoing global note programme.The Notes are scheduled for listing across multiple...

K2 Infragen Limited Incorporates Subsidiary for Telangana Road Infrastructure ProjectK2 Infragen Limited has established a new subsidiary, K2IL Bhongir Private Limited, in preparation for a significant infrastructure project focusing on road construction and development. The incorporation of this Special Purpose Vehicle (SPV) marks a strategic move to execute the required work within its core line of business.The newly incorporated entity, K2IL Bhongir Private Limited, was established on July 29, 2026. Its sole purpose is to implement and undertake the "Construction, Upgradation, Strengthening & Maintenance of Selected PRED Roads in the Bhongir Circle in Telangana under TGRDP on Hybrid Annuity Mode (HAM) - Phase-I - Package No. 2,"...

Oil Country Tubular Limited Revises Q1 Segment Results Following Typographical Corrections Oil Country Tubular Limited has revised its unaudited financial results for the quarter ended June 30, 2026, after identifying and correcting inadvertent typographical errors in the previously communicated figures. The revisions pertain to segment-wise revenue and capital employed as of June 30, 2026, along with the net Profit Before Tax and After Exceptional Items.The correction ensures that the reported Segment Results for Q1 FY27 reflect a loss of (Rs. 1,547.81 lakhs), having been previously stated incorrectly at Rs. 2824.19 lakhs. Similarly, the Total Profit Before Tax and After Exceptional Items is now accurately recorded as a loss of (Rs...

Kotyark Industries Sets Record Date for Final Dividend of ₹5.00 Per Equity ShareKotyark Industries Limited has announced the record date for shareholders eligible to receive a final dividend for the financial year 2025-26. The company specified that all dividends are subject to applicable statutory provisions and relevant taxes.The Board of Directors recommended a Final Dividend of ₹5.00 per equity share, which is based on an equity share face value of ₹10/- each. This dividend payment date is linked to the record date of Friday, August 14, 2026.According to the company, the dividend was determined following a Board meeting held on April 27, 2026. Initially recommended on pre-bonus paid-up equity share capital, the final dividend...

Data Patterns Acquires ST Advanced Composites in Strategic Move for Vertical Integration Data Patterns (India) Limited has approved the acquisition of 100% stake in ST Advanced Composites Pvt. Ltd., a Chennai-based advanced composite engineering firm. The deal aims to achieve vertical integration within the defense and aerospace sectors, enabling Data Patterns to offer integrated subsystem solutions to high-profile clients.The acquisition target, ST Advanced Composites (STAC), has an authorized share capital of Rs. 50,00,000, divided into 5,00,000 Equity Shares of Rs. 10/- each. As per the Provisional Financial Statement as on March 31, 2026, STAC recorded a turnover of Rs.416.85 lakhs.Data Patterns will gain full ownership after...

Updater Services Limited Announces Interim Dividend and Releases Q1 Financial ResultsUpdater Services Limited reported its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also announced an interim dividend following the meeting of its Board of Directors held on July 30, 2026.The Board declared an interim dividend of Rs. 1/- per equity share, which is based on the face value of the stock, set against a face value of Rs. 10/- each for the financial year 2026-27. The record date for shareholders eligible to receive this dividend has been fixed as August 05, 2026, and the payment is scheduled on or before Friday, August 28, 2026.Standalone Financial Performance Highlights The...

GNG Electronics Reports Strong Q1 FY27 Results: Revenue Climbs 32.1% as Refurbished Computing Sector Expands GNG Electronics Limited, a major player in India's refurbished ICT device market, announced its unaudited financial results for the quarter ending June 30, 2026. The company reported significant year-on-year growth across key metrics, driven by the structural shift toward professionally refurbished computing solutions globally.The consolidated results showed a robust performance in Q1 FY27. Revenue from operations reached ₹412.5 Cr, marking a 32.1% increase compared to Q1 FY26. EBITDA stood at ₹52.9 Cr, achieving an EBITDA margin of 12.8%. Profit After Tax (PAT) was reported at ₹28.9 Cr, translating into a PAT margin of 7.0%...

Uno Minda Acquires Additional Equity, Increasing Stake in Minda Onkyo India Private Limited Uno Minda Limited has acquired a significant additional equity stake in its subsidiary, Minda Onkyo India Private Limited (MOIPL). The company purchased 1,51,40,352 equity shares, which represents a 19% stake in MOIPL.The acquisition was made from M/s. Onkyo Sound Corporation of Japan.Following this transaction, Uno Minda Limited's total stake in Minda Onkyo India Private Limited now stands at 99%.UNOMINDA Stock Price Movement On Thursday, UNO Minda Limited shares gained by 0.27% to settle at ₹1172.80. The stock recorded a traded volume of 634,771 shares during the session.

LIC Housing Finance Ltd. reports Q1 FY27 results; Profit After Tax rises 9.4% LIC Housing Finance Limited has reported its standalone audited results for the first quarter ended on June 30, 2026. The company saw a net profit after tax (PAT) increase to Rs 1488.32 crs, marking a rise of 9.4%, while total disbursements reached Rs 15014 crs, up by 14.5%.The Board of Directors of LIC Housing Finance Ltd. announced the results following its approval in a meeting held on July 30, 2026, in Mumbai.Performance Highlights at a Glance During the quarter ended June 30, 2026, total disbursements stood at Rs 15014 crs, compared to Rs 13116 crs in the corresponding period of FY 2026. These disbursements were distributed across segments: Individual...

P N Gadgil Jewellers Initiates Qualified Institutions Placement Setting Floor Price at ₹ 640.69 per Share P N Gadgil Jewellers Limited has announced key decisions regarding its upcoming Qualified Institutions Placement (QIP) for its equity shares of face value ₹ 10 each. The company’s Executive Committee approved the framework for the QIP, which is intended to raise capital from eligible qualified institutional buyers.The committee's approvals, formalized on July 30, 2026, include the adoption of the preliminary placement document and the draft application form designed for soliciting bids from qualified institutional investors. The company has also authorized the opening of the proposed issue through a QIP process.A critical...