Markets

Railtel Reports Q1 Results: Total Income Reaches 90,960 Lakhs; Segment Performance Detailed Railtel Corporation of India Limited has announced its unaudited financial results for the quarter ending June 30, 2026. The results show a rise in total income and profit, with the company reporting significant earnings across both its Telecom Services and Project Work Services segments.The Board of Directors considered and approved the un-audited Financial Results along with the Limited Review Report on the recommendation of the Audit Committee.Overall Financial Performance For the three months ended June 30, 2026, Railtel reported a Total Income of 90,960 lakhs. This was significantly higher compared to the quarter ending June 30, 2025...

REC Ltd incorporates wholly-owned subsidiary Kukshi Alirajpur Transmission Limited REC Ltd has incorporated a new entity, Kukshi Alirajpur Transmission Limited, as part of its strategic move within the power transmission sector. The company is a wholly-owned subsidiary of REC Power Development and Consultancy Limited (RECPDCL), which in turn is a wholly-owned subsidiary of REC Limited.Kukshi Alirajpur Transmission Limited was incorporated on July 29, 2026. This entity falls under the power sector and has been established with the objective of strengthening the intra-state transmission system in the Kukshi / Alirajpur area by establishing new EHV Substations and associated transmission lines.The project stems from an order issued on...

Mega Nirman and Industries Ltd. Schedules Board Meeting to Approve Quarterly Financial Results Mega Nirman and Industries Ltd. has scheduled a meeting of its Board of Directors to review and approve the Unaudited Financial Results for the quarter ending June 30th, 2026.The board meeting is set to take place on Tuesday, August 11, 2026, at the registered office of the company.The primary item on the agenda includes considering and approving the Unaudited Financial Results corresponding to the quarter that concluded on June 30th, 2026. The meeting will also include any other items with the permission of the Chair.Stock Price Movement Mega Nirman and Industries Ltd settled at ₹34.69 today, ticking up 8.47% from the previous close...

Mitshi India Launches Open Offer to Acquire Up to 2,288,000 Shares from Public at Rs 15/- Per Share Mitshi India Ltd., formerly Dera Paints & Chemical Limited, has initiated a mandatory open offer for the acquisition of equity shares from public shareholders. The offer is being conducted by Srujan Alpha Capital Advisors LLP, Manager to the Open Offer, on behalf of Mr. Karronn Naresh Bajaj ('Acquirer').The open offer aims to acquire up to 2,288,000 fully paid-up equity shares of Mitshi India Ltd., representing 26.00% of the company's total voting share capital. The defined Offer Price for the acquisition is Rs 15/- per Equity Share.Key Financial Details of the Open Offer The open offer is a mandatory requirement, and the maximum...

Garden Reach Shipbuilders Secured ₹1032 Crore Contract for Constructing Four Platform Supply Vessels for ONGC Garden Reach Shipbuilders & Engineers Limited has secured a significant order valued at ₹ 1032.07 Crore from Oil and Natural Gas Corporation Limited (ONGC). The contract involves the construction of four Platform Supply Vessels (PSV) for the energy major.The company received the Notification of Award (NOA) on July 30, 2026, formalizing the agreement with ONGC. This high-value order is designated for the construction and delivery of the vessels.The contract terms specify that the project must be completed within 48 months from the date of the NOA. The total consideration for the four PSVs stands at ₹ 1032.07 Crore, which...

Sensex Closes Strong Amid Range-Bound Nifty as Global Investors Weigh Inflation Jitters Against Domestic Resilience The Indian stock market extended gains on Thursday, with the BSE Sensex closing robustly after US interest rate decisions were announced. The Sensex registered a gain of approximately 274 points to settle at 77,928. Concurrently, Nifty gained about 67 points, finishing the session at 24,317.While major indices showed gains, the broader market sectors experienced volatility. Both the Nifty Midcap 100 and Nifty Smallcap 100 indices ended in the deep red, with declines up to 0.6%, indicating selective profit-taking across the market breadth.Macroeconomic Headwinds and Investor Sentiment The US Federal Reserve's decision...

Carnation Industries Ltd Posts Q1 Results; Announces Major Acquisitions and AGM Schedule Carnation Industries Limited has approved the unaudited financial results for the quarter ended June 30, 2026, and announced a series of strategic acquisitions following its Board meeting held on July 30, 2026. The company also set out key dates for its upcoming Annual General Meeting (AGM).The Board reviewed and approved the Unaudited Financial Results along with the Limited Review Report issued by the Statutory Auditors. Key financial highlights from the quarter ended June 30, 2026, show specific revenue and expense figures as detailed below:ParticularsQuarter Ended June 30, 2026 (Unaudited) (Rs in Lakhs)Revenue from OperationsN/AOther...

Bal Pharma Ltd grants shareholders a grace period for comments regarding Postal Ballot CorrigendumBal Pharma Ltd has announced an opportunity for its members to submit comments and objections concerning the modifications made in the Corrigendum to its Postal Ballot Notice. The company extended this special window following observations received from the Stock Exchange related to the aforementioned document.The intimation clarified that, to ensure transparency and provide a chance to shareholders who had previously exercised their voting rights, the company has set aside 48 hours from the date of publication for receiving comments or objections regarding the modifications introduced through the Corrigendum.Members seeking to submit...

Shriram Asset Management Company Announces Board Meeting to Review Un-Audited Financial Results Shriram Asset Management Company Ltd has announced that its Board of Directors will hold a meeting to review the company’s performance for the quarter ending June 30, 2026.The scheduled board meeting is set to take place on Friday, August 07, 2026. The primary agenda item for the meeting includes considering the Un-Audited Financial Results pertaining to the Quarter Ended June 30, 2026.Stock Price Movement Shriram Asset Management Company Ltd settled at ₹281.90 on Thursday, reflecting a 2.89% dip in shares. The stock experienced movement during the day, trading between an intraday low of ₹278.65 and a high of ₹294.00.

Tata Power Acquires 100% Stake in Ryapte Power Transmission Limited to Establish New Project SPV The Tata Power Company Limited has completed the acquisition of a 100% equity stake in Ryapte Power Transmission Limited (RPTL), a specialized project special purpose vehicle (SPV). The transaction, finalized on July 30, 2026, is aimed at establishing and operating the Build-Own-Operate-Transfer (BOOT) basis for providing transmission services.The acquisition involves purchasing the entire equity stake in RPTL for ₹ 10.87 crore. The target entity, RPTL, was set up as an SPV on May 21, 2025, and operates within the Power/Transmission industry. The purpose of this acquisition is to facilitate the development and operation of critical...

Global Health Ltd Approves Q1 Results and Expands Guwahati Hospital Capacity to 650 Beds Global Health Ltd (GHL) announced several key strategic decisions following its Board of Directors meeting on July 30, 2026. The company approved its unaudited standalone and consolidated financial results for the first quarter ending June 30, 2026. Furthermore, GHL greenlit a revised construction plan for its upcoming hospital in Guwahati, significantly increasing the proposed bed capacity.The Board meeting also saw the appointment of new leadership and set corporate timelines related to shareholder dividends and the forthcoming Annual General Meeting (AGM).Financial Performance Highlights Global Health Ltd's standalone and consolidated...

Ujaas Energy Approves Qended June 30, 2026 Results; Reconstitutes CSR and NRC Committees Ujaas Energy Limited reported its unaudited standalone financial results for the quarter ended June 30, 2026. The company's Board of Directors approved these results during a meeting held on July 30, 2026. Additionally, the board approved the reconstitution of both the Corporate Social Responsibility (CSR) Committee and the Nomination and Remuneration (NRC) Committee, incorporating Ms. Geeta Mundra into these bodies.Financial Performance Summary The unaudited financial results for the quarter ended June 30, 2026, along with the Limited Review Report from Statutory Auditors, were approved by the Board. Key figures for the current period compared...

Vinyoflex Ltd Reports Quarterly Results for June 30, 2026; Net Profit Stands at 83.59 Lakhs Vinyoflex Limited has released its standalone unaudited financial results for the quarter ended June 30, 2026. The company's performance indicators reflect specific trends across revenue and profitability when compared to preceding periods.The company reported a Net Profit of 83.59 Lakhs for the quarter ending June 30, 2026 (Qended 30.06.2026). This stands in comparison to a net profit of 61.89 Lakhs reported during the preceding three-month period ended June 30, 2025.Key operational figures for Vinyoflex Limited over the relevant periods are detailed below:ParticularsQended 30.06.2026 (Unaudited)Qended 31.03.2026 (Audited)Qended...

Swiggy Reports Q1 FY27 Results; Quick Commerce Reaches Contribution Margin Break-even Target Swiggy Limited reported its consolidated financial results for the first quarter of fiscal year 2026-27, noting significant milestones across its diverse business verticals. The company confirmed that its quick commerce segment achieved the committed contribution margin break-even target for Q1FY27, while the overall B2C Gross Order Value (GOV) continued to grow.The quick commerce business attained a contribution margin of -0.2% in Q1FY27, marking a 440 basis points (bps) year-on-year improvement. Simultaneously, Adjusted EBITDA losses for the segment narrowed by INR 80 Cr sequentially, standing at INR 778 Cr.Operational Excellence and...

Crop Life Science Limited Appoints Additional Independent Directors and Auditing Firms The Board of Directors of Crop Life Science Limited (CLSL) made several key appointments and decisions during its meeting held on Thursday, July 30, 2026. The outcomes primarily focused on bolstering the company's governance structure and establishing necessary financial audit functions for the forthcoming fiscal year.Two notable additions to the board were approved: Mr. Pareshbhai Bhagvanbhai Parsana (DIN: 11758906) and Mr. Alpeshbhai Gordhanbhai Vaghasiya (DIN: 11746290) were appointed as Additional Directors, holding the category of Independent Director at the company. Both appointments are effective from July 30, 2026, and carry a term of five...

Colgate Palmolive Reports Robust 12% Topline Growth in Q1 FY27; Details ESG Milestones Colgate Palmolive (India) Limited has reported robust financial results for the first quarter of FY 2026-27, achieving a year-on-year top line growth of 12%. The company also detailed significant progress across its environmental and social governance initiatives during its Q1 announcement.During the presentation, Colgate Palmolive noted that it is entering its 90th year in India, emphasizing how deeply the company is woven into the country's daily life through its commitment to oral care and community support. The company also offered heartfelt condolences following the passing of its former Independent Director, Mr. R. A. Shah, who had served the...

IFGL Refractories Ltd. Schedules Board Meeting to Approve Quarter End Financial Results IFGL Refractories Ltd. has announced that its Board of Directors is scheduled to meet on Saturday, August 8, 2026. The meeting is set to consider and approve the unaudited financial results of the company for the quarter ended on June 30, 2026.The board agenda includes reviewing both the standalone and consolidated unaudited financial performance metrics for that period.The company also provided an update regarding its trading window status. The trading window has remained closed since July 1, 2026. This closure will continue until the expiry of 48 hours following the declaration of the aforementioned unaudited financial results.IFGLEXPOR Stock...

Hyundai Motor India Schedules 30th Annual General Meeting and Sets Record DateHyundai Motor India Ltd has announced details regarding its upcoming 30th Annual General Meeting (AGM) and the corresponding record date for shareholders. The AGM is scheduled to be held on Wednesday, August 26, 2026, at 02:00 P.M. (IST).The company confirmed that the meeting will be conducted through Video Conferencing (VC). This general meeting is set as part of the outcome following a recent Board Meeting.In addition to the AGM schedule, Hyundai Motor India has fixed the Record Date for Wednesday, August 05, 2026. This date determines the eligibility of shareholders to receive dividends, should they be declared at the Annual General Meeting...

Swiggy Posts Consolidated and Standalone Financial Results for Quarter Ended June 30, 2026 Swiggy Limited released its unaudited financial results for the quarter ended June 30, 2026, showing a total comprehensive loss of 2,808 Crore on a consolidated basis. The company also reported key operational updates, including the transfer of stock options and significant asset transactions during the period.The results were reviewed by independent auditors, and the management approved the figures following a Board meeting held on July 30, 2026.Consolidated Financial Performance Overview For the quarter ended June 30, 2026, the company reported total income of 7,023 Crore, down from 6,649 Crore in March 31, 2026, and 5,048 Crore in June 30...

Income Tax Department Issues Penalty Demands to PTC India Limited Across Several Assessment Years PTC India Limited has received Notices of Demand from the Income Tax Department pertaining to penalties levied under Section 271(1)(c) of the Income Tax Act, 1961, for four different assessment years. The notices were issued on July 29, 2026.The demands relate to the additions made by the Income Tax Department under Rule 8D. These penalties cover Assessment Years (AY) 2011-12, 2012-13, 2014-15, and 2015-16.The penalty amounts received against PTC India Limited are detailed below:Assessment YearPenalty AmountAY 2011-12Rs. 9,61,446/-AY 2012-13Rs. 5,91,960/-AY 2014-15Rs. 19,57,554/-AY 2015-16Rs. 27,83,637/-Background of...