Markets

Hemant Surgical Industries Completes Acquisition of Lifesenz Cancer Research Labs, Forms Subsidiary Hemant Surgical Industries Ltd. announced the successful completion of its acquisition of Lifesenz Cancer Research Labs Private Limited. The transaction, which took place on June 01, 2026, marks a significant expansion for the medical device firm.Following the completion of the acquisition, Hemant Surgical Industries Ltd. stated that Lifesenz Cancer Research Labs Private Limited, located in Mumbai, has officially become a subsidiary of the company. This new relationship status is effective from June 01, 2026.Stock Price Movement As of 14:30, shares of Hemant Surgical Industries Ltd are shedding nearly 2.18% today, moving to trade at...

United Drilling Tools Limited Receives Domestic Order of INR 16,61,582 from Shivganga Drillers Limited United Drilling Tools Limited has secured a new domestic order for the supply of oil and gas industry equipment. The contract was awarded by M/s Shivganga Drillers Limited for the provision of Stabilizer(s).The commercial contract is considered domestic, involving a recognized entity within India. The order is categorized as a standard commercial transaction, and the company confirmed that there is no interest from the promoter or promoter group in this specific deal.The agreement covers the supply of Stabilizer(s) used in the Oil and Gas Industry and is set for execution within a period of one month.The estimated value of the...

Zee Entertainment Partners with FIFA to Broadcast 39 Global Football Events in India Zee Entertainment Enterprises Ltd. (Z) has announced a major partnership with FIFA to bring 39 global football events, including the FIFA World Cup 2026, FIFA World Cup 2030, and the FIFA Women's World Cup 2027, to Indian fans. This strategic move positions the company to showcase key FIFA properties over an eight-year period, spanning from 2026 to 2034.The partnership aims to establish Z as a central hub for football content in India, providing both live sports action and associated docu-series content.Scope of Global Football Coverage Z plans to provide comprehensive coverage across multiple major global tournaments. The scheduled key FIFA events...

Ashok Leyland Reports Sales Figures for May 2026 Ashok Leyland Limited has released its sales figures for May 2026, detailing performance across domestic-only and combined domestic plus export markets. The data reveals sales units for various commercial vehicle categories, comparing the current period's performance against May 2025.Domestic Sales Performance The company reported domestic sales units for May 2026, showing varied growth rates across its primary vehicle segments.The sales data for the domestic market is presented below, comparing units sold in May 2026 versus May 2025, along with cumulative figures.SALES (Units)May 26May 25Change vs. May 25May 26 CumulativeMay 25 CumulativeM&HCV Trucks7,0657,466(5%)13,87913,381...

Royal Enfield Posts 15% Growth in May 2026 Sales; Unveils Bullet 650 and Andhra Pradesh Expansion Plans Chennai: June 01, 2026: Royal Enfield reported monthly motorcycle sales of 1,03,231 units in May 2026. This performance marks a 15% growth compared to the 89,429 motorcycles sold during the same period last year.B. Govindarajan, Managing Director - Eicher Motors Ltd. and Chief Executive Officer - Royal Enfield, attributed the momentum, stating that the company is carrying growth into Q1 of FY27 despite prevailing macro-headwinds. He highlighted the strengthening product portfolio with the launch of the Bullet 650 as a key factor driving the month's excitement.Sales Data Analysis The overall sales performance for May 2026 showed...

Tata Motors Passenger Vehicles Reports 59,790 Units in May 2026 Sales Tata Motors Passenger Vehicles Ltd. announced that its total sales for the domestic and international market during May 2026 reached 59,790 units. This represents a significant increase compared to the 42,040 units recorded in April 2026.The company reported robust double-digit growth in May 2026, with wholesales increasing 42%. The sales performance across various business units and segments is detailed below:Business Units/SegmentsMay 2026May 2025Growth/DeclinePV Domestic59,09041,55742%PV IB70048345%PV Total (includes EV)59,79042,04042%EV IB + Domestic10,5175,68585%The total sales figure includes the sales of Tata Passenger Electric Mobility...

Adani Green Energy Records 19,835.8 MW Operational Capacity After Launching 50 MW Solar Project in Gujarat Adani Green Energy Limited (AGEL) has enhanced its renewable energy footprint with the operationalization of a new solar power project. Adani Hybrid Energy Jaisalmer Five Limited (AHEJa5L), a wholly owned subsidiary of AGEL, successfully commissioned a 50 MW solar power facility located in Khavda, Gujarat.The commissioning marks a significant milestone for the company. Following the start of operations on June 1, 2026, AGEL reported achieving a total operational renewable generation capacity of 19,835.8 MW. Furthermore, the company's total operational BESS (Battery Energy Storage System) capacity stands at 3,366 MWh.The...

Bharat Coking Coal Ltd Reports Provisional Production Performance for May 2026 Bharat Coking Coal Ltd, a subsidiary of Coal India Limited and a Government of India Undertaking, has released its provisional monthly production performance data for May 2026. The figures provide an overview of the operational output across various coal types, mine sources, and overall raw coal production during the month.The operational performance data highlights both monthly figures and the cumulative progressive totals for the period.Provisional Production Performance Details The company's provisional monthly production data for May 2026 shows the following operational metrics:ParticularsUnitMay'26 (Month) - ActualMay'26 (Month) - Same Period...

Sheetal Cool Products Launches New Manufacturing Unit for RTE and RTC Foods in Gujarat Sheetal Cool Products Limited has inaugurated and commenced operations at a new manufacturing facility designed for its Ready-to-Eat (RTE) and Ready-to-Cook (RTC) food products. The new unit, located at the Food Safari Plant, New APMC Road, Amreli - 365601, Gujarat, began its operations on June 1, 2026, following its inauguration on May 31, 2026.The expansion marks a significant operational milestone for the company, enhancing its capacity in the food processing sector. The facility is dedicated to the manufacturing of a range of convenient food items, including RTE and RTC products.The details of the newly established unit are as follows...

Tata Motors Records 17% Year-Over-Year Growth with 32,850 Commercial Vehicle Units Sold in May 2026 Tata Motors Limited announced its monthly sales performance for May 2026, reporting a 17% year-over-year growth. Total sales for both domestic and international markets reached 32,850 units, an increase compared to the 28,147 units recorded in May 2025.The company's sales across various commercial vehicle categories demonstrated robust growth, driven particularly by the SCV cargo and pickup segment.May 2026 Sales Breakdown The sales performance for May 2026 compared to May 2025 is detailed below:CategoryMay 2026 UnitsMay 2025 UnitsGrowth (Y-o-Y)HCV Trucks7,8777,10611%ILMCV Trucks5,3314,9548%Passenger Carriers5,7574,74821%...

Thomas Cook India and Eurobank Strengthen India-Europe Corridor for Corporate Growth Thomas Cook (India) Limited (TCIL) has expanded its strategic footprint across the India-Europe corridor by strengthening its collaboration with Eurobank. This partnership aims to provide seamless access to travel services, cross-border transactions, and investments for Indian enterprises operating or planning operations within the European Union (EU).TCIL, India's leading omnichannel travel services company, is advancing its international engagement through its Cyprus subsidiary, Travel Circle International (Cyprus) Limited (TCI Euro). Following its announcement of entry into the European Union in 2025, TCI Euro established its first office in Cyprus...

Geekay Wires Limited Names New Statutory Auditor and Approves Shareholder Voting Timeline Geekay Wires Limited, an ISO 9001 : 2015 certified manufacturer of Galvanized Steel Wire, Wire Products, Collated Nails, and Stainless Steel Nuts & Bolts, announced key corporate governance outcomes following its Board of Directors meeting held on June 01, 2026.The board meeting addressed significant changes in the company's statutory audit representation. The board considered and noted the resignation of M/s M. M. palod & co, chartered Accountants (Firm Registration No 0060275), who served as the Statutory Auditor. In response to this vacancy, the board approved the appointment of M/s L B Reddy & co, chartered Accountants (Firm Registration No...

Innovative Tyres & Tubes Limited Announces Change in Management Following Demise of Mr. Kundankumar Mishra Innovative Tyres & Tubes Limited announced the sad demise of Mr. Kundankumar Mishra, effective May 31, 2026. The company confirmed that Mr. Mishra was unable to attend a board meeting scheduled for May 30, 2026, due to his critical medical condition.To ensure the continuity of the Company's operations and the smooth discharge of its responsibilities, the Board and Management utilized the meeting to appoint Mr. Kamlesh Joshi. Mr. Joshi has taken over the responsibilities with immediate effect.The Company acknowledged Mr. Mishra's valuable contributions during his association with the firm. The management confirmed the...

Siti Networks Limited Discloses Significant Default on Loan Payments Siti Networks Limited has disclosed details regarding a default on its loan payments from several financial institutions. The company reported that the default was effected on April 30, 2026, and continues beyond 30 days.The disclosure covers the nature of the obligation, defined as term loan installments, and names several lenders involved in the outstanding debt. Creditors associated with the default include ARCIL, IDBI Bank, RBL, Axis Bank, ABFL, IndusInd Bank, Vani Agencies Pvt. Ltd. (VAPL)*, and ICNCL.Loan Obligations and Default Amounts The total outstanding principal amount across the listed obligations is INR 1,206.03 crore. The total amount claimed by the...

Unihealth Hospitals Reports Stellar FY26 Growth with 35% Revenue Increase and 68% Profit Jump Unihealth Hospitals Limited, a rapidly expanding healthcare platform operating across India and East Africa, announced its audited financial results for H2 FY26 and FY26. The company reported robust growth, driven by increased patient volumes, rising demand for specialized healthcare services, operational efficiencies, and strategic capacity additions, reinforcing its position in the healthcare sector.The company's business model combines hospital operations with healthcare consultancy, medical value travel, pharmaceutical exports, and healthcare infrastructure development, allowing it to capture multiple opportunities across the healthcare...

Dr. Agarwal's Eye Hospital and Dr. Agarwal's Health Care to Merge in Amalgamation Scheme Dr. Agarwal's Eye Hospital Limited (AEHL) and Dr. Agarwal's Health Care Limited (AHCL) are undergoing a proposed amalgamation designed to consolidate their businesses and create a unified, larger entity. The merger, which aims to streamline operations and generate significant efficiencies, is subject to the approval of their respective shareholders and creditors.The process is proceeding following an Order issued by the National Company Law Tribunal (NCLT), Chennai Bench, which directed the convening of separate meetings for the Equity Shareholders, Secured Creditors, and Unsecured Creditors of both entities.Key Transaction Details The core of...

Raasi Refractories Ltd Approves 2026 Financial Results and Appoints Kavitha Doddi as Additional Director Raasi Refractories Limited announced key corporate updates, confirming the approval of its audited financial results and the appointment of Ms. Kavitha Doddi as an Additional Director. The Board of Directors meeting was held on May 30, 2026, where the company reviewed its performance for the quarter and the full year ended March 31, 2026.The company also confirmed that the Statutory Auditors, M/s Narasimha Rao & Associates, Chartered Accountants, have issued an Audit Report providing an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026.Key Board Decisions and Director Appointment At...

Archies Limited and Quadrant Televentures Limited Report Audited Financial Results for the Year Ended March 31, 2026 Archies Limited and Quadrant Televentures Limited have released their audited financial results for the quarter and financial year ended March 31, 2026. The financial statements provide comparative data across multiple reporting periods, detailing key metrics such as total income from operations, net profit, and comprehensive income for both entities.Archies Limited Financial Results The financial performance figures for Archies Limited, for the Quarter and Financial Year ended March 31, 2026, are presented in the table below. Total income from operations for the period stood at 5,124.31. The Net Profit/ (Loss) for the...

Savita Oil Technologies Ltd Appoints Ajay Reche as Additional Director; Sets Date for 65th Annual General Meeting Savita Oil Technologies Ltd announced key corporate developments following its Board of Directors meeting held on June 1, 2026. The board approved the appointment of Mr. Ajay Reche as an Additional Director, categorized as a Whole-time Director.The appointment is effective from June 1, 2026, and is set to continue up to September 30, 2030. The appointment is contingent upon the approval of the Company's shareholders at the upcoming Annual General Meeting.In addition to the director appointment, the board also confirmed the schedule for the Company's 65th Annual General Meeting (AGM). The AGM is slated to take place on...

WEP Solutions Ltd Appoints Dr. Gaurav Nigam as Chief Operating Officer WEP Solutions Ltd has announced the appointment of Dr. Gaurav Nigam as its Chief Operating Officer (COO), effective June 1, 2026. The appointment adds Dr. Nigam to the company’s senior management personnel.Dr. Gaurav Nigam brings over 25 years of experience to the role, specializing in critical technology areas including Cloud, IT Infrastructure Management, DevOps, and Site Reliability Engineering (SRE). His professional background highlights strong expertise in large-scale IT service delivery and AI-driven automation.Throughout his career, Dr. Nigam has led global teams comprising over 500 professionals. He has also managed a Profit and Loss (P&L) exceeding USD...