Markets

Capital Trade Links Ltd Board Meeting Scheduled to Approve Q1 FY27 Financial Results Capital Trade Links Ltd has announced that its Board of Directors will convene a meeting on Saturday, August 1, 2026. The primary purpose of this meeting is to consider and approve the company's financial results for the Quarter ended June 30, 2026.The scheduled board meeting date aims to review the performance and outcomes for the specified quarter.In relation to market trading activities, the company provided details regarding its designated persons trading window. The window was closed starting from July 1, 2025, and will remain closed until forty-eight hours prior to the declaration of the Financial Results.Stock Price Movement Capital Trade...

Crisil Upgrades Gabriel India Ltd.'s Credit Rating for Long Term Bank Facilities Crisil Ratings Limited has upgraded the credit rating of Gabriel India Limited in relation to its long term bank facilities. The revision reflects the company's improved financial standing as assessed by the ratings agency.The upgrade pertains to the long term bank facilities provided to Gabriel India Limited. According to the details provided, the facility amount is 170 Rs. in crore.The upgraded rating positions of Gabriel India Ltd. are summarized below:Facilities/InstrumentsAmount (Rs. In crore)Rating TypePrevious RatingUpgraded RatingLong Term Bank Facilities170Long termCrisil AA/StableCrisil AA+/StableThe upgrade indicates an improvement...

Lohia Corp IPO Debuts Today: Grey Market Premium Suggests Cautious Climb as Manufacturing Prowess Is Priced In Lohia Corp, a key player in India’s technical textile machinery sector, is set to make its much-anticipated stock market debut on the BSE and NSE today (July 30). The company, which specializes in equipment for technical textiles, offers investors a chance to tap into the growing manufacturing segment. While the IPO saw solid investor interest during its subscription period, prevailing grey market indicators suggest a relatively moderate listing performance.The company’s Rs 1,101 crore Offering For Sale (OFS) was fully subscribed across all categories. The shares were priced in the range of Rs 404-425 apiece. Ahead of the...

Indo-MIM IPO Set for Massive Debut: Grey Market Premium Signals Potential 39% Surge on Listing Day Indo-MIM is poised to make its stock market debut today on the BSE and NSE, buoyed by exceptional investor enthusiasm and a robust grey market valuation. The company's public listing has been marked by significant bullish sentiment, with the current Grey Market Premium (GMP) suggesting a strong opening day for the shares.Market Buzz Surrounds Indo-MIM Listing Day The IPO witnessed overwhelming investor participation, concluding its subscription period between July 23 and July 27. The company's public issue, totaling ₹3,811.21 crore, was priced at ₹485 per share and comprised a fresh issue of ₹499.10 crore alongside an offer for sale...

Brent Crude Dips Below $90 as Tanker Traffic Moves Out of Middle East Amid Escalating Geopolitical Tensions Oil prices eased on Thursday after surrendering part of the sharp gains seen in the previous session. Despite ongoing heightened tensions and the widening U.S.-Iran war, oil tankers are showing signs of continued movement out of the volatile Middle East region. This shift prompted crude futures to retreat, though underlying supply risks remain critically high.Crude Oil Trading Levels Reflect Mixed Market Signals On July 30, Brent crude futures fell $1.29, or 1.42%, settling at $89.45 a barrel. U.S. West Texas Intermediate (WTI) also slipped by 56 cents, or 0.66%, trading at $83.90 a barrel. The preceding session had seen...

Adani Ports Net Profit Jumps 10.2% as International Business Surge Fuels Cargo Growth Adani Ports Posts Strong Q1 Results Driven by Overseas Expansion and Marine Services Boom Mumbai: Adani Ports and Special Economic Zone Ltd (APSEZ) reported a robust performance for the June quarter, announcing a consolidated net profit rise of 10.2 per cent year-on-year. The results highlight successful integration and rapid expansion in the international ports business, which served as the primary growth catalyst.The country’s largest private port operator recorded a consolidated net profit of ₹3,649.50 crore for the April-June period. This is an improvement compared to the ₹3,310.60 crore reported in the corresponding quarter last year. The...

Oil Prices Slip as Tankers Navigate Conflict Zones Amid Intensifying Middle East War Crude oil futures surrendered some of their previous gains on Thursday, even as geopolitical tensions continued to escalate across the Middle East. Tankers persisted in sailing through volatile zones while the U.S.-Iran conflict expanded beyond its initial theaters. Brent futures dropped $1.29, or 1.42%, settling at $89.45 a barrel as of 0110 GMT.WTI crude also experienced a decline, falling 56 cents, or 0.66%, to $83.90 a barrel. This movement reverses the previous session's significant spikes when Brent had been up 7.91% and WTI was up 6.56%. Previously, the oil markets reacted sharply after a pause in hostilities within the five-month conflict...

Adani Enterprises Suffers Q1 Net Loss After Booking Major Charge Related to US Govt Settlement Adani Enterprises Ltd., a flagship entity of the Adani Group, reported a consolidated net loss of ₹1,160 crore for the June quarter. The significant charge arose from a settlement with the US Office of Foreign Assets Control (OFAC), which amounted to ₹2,644 crore.Despite this financial hit, the operating performance across several key verticals showed considerable strength. Revenue from operations saw a robust 50% year-on-year increase, reaching ₹32,924 crore. Total income also rose, climbing to ₹33,546 crore.Strong Operating Performance Amid Regulatory Charge The company’s EBITDA improved by 49%, recording ₹5,642 crore. This performance...

Fed Vote Fractures: Officials Hold Rates Amid Rosy Labor Market but Deepen Concern Over Persistent Inflation Federal Reserve Holds Rates Amid Divided Policymakers The Federal Open Market Committee voted to keep the benchmark federal funds rate unchanged, maintaining it within a range of 3.5% to 3.75%. This decision marks the fifth consecutive meeting where officials chose not to alter interest rates. The consensus was not unanimous, however. A notable dissent surfaced during the vote, with three members advocating for a hike in the benchmark rate by a quarter percentage point.The dissents were led by Dallas Fed President Lorie Logan, Cleveland's Beth Hammack, and Minneapolis Fed chief Neel Kashkari. Despite this internal disagreement...

Nasdaq Correction and Treasury Yield Spike: Global Markets Brace for Fed Decision Chaos Amid Geopolitical Tensions Global markets experienced a volatile session as uncertainty surrounding the Federal Reserve's policy stance drove bonds to near two-decade highs, while tech stocks navigated significant correction following industry selloffs. Asian equities saw mixed movements, spurred by regulatory changes in South Korea and varied corporate earnings reports.Tech Stocks Plummet Amid Semiconductor Selloff The technology sector faced intense pressure as a deepening semiconductor rout continued on Wall Street. A specialized semiconductor gauge fell 5.3% as the tech-heavy Nasdaq 100 headed into a technical correction, registering a decline...

Cognizant Surges as AI-Led Productivity Drives Mega Deals; Agentic AI Fuels New Growth Wave Cognizant has reported robust financial performance, driven by massive deal wins focused on enterprise AI adoption and vendor consolidation. The IT services giant reported that large contract victories are predominantly linked to clients investing heavily in AI-led productivity improvements. This strategic alignment is supporting the company's steady revenue growth and expanding its client base in a rapidly changing global tech landscape.The company signed seven significant deals, each valued over $100 million during the June quarter. These contracts included three new logos, contributing to a reported Q-o-Q revenue of $5.48 billion, marking a...

Manipal Health IPO: Can Aggressive Valuation Stall Growth Amid Margin Pressure? Manipal Health Enterprises' upcoming Initial Public Offering (IPO) presents a complex picture for investors. The healthcare provider plans to raise ₹8,000 crore through a fresh issue for debt repayment and corporate purposes, alongside an offer for sale of ₹1,275 crore. This move is set to see the promoter group's stake reduce from 81.4% to 72.1%.Financial Performance and Operational Snapshot Manipal Health has demonstrated strong past revenue growth. Revenue from operations grew by 29.4% annually, reaching ₹10,335.8 crore between FY24 and FY26. Net profit also rose by 31.1% to ₹916.5 crore over the same period.Operationally, the company is a significant...

Sensex, Nifty Surge Over 1% as Tech Stocks Rally Amid Global Chip Correction India's stock markets advanced significantly on Wednesday, driven by strong performance in technology stocks and a global shift in investment sentiment. The Nifty and Sensex both posted gains exceeding one percent, bolstered by investor optimism surrounding the recent volatility seen in Asian semiconductor stocks. Foreign portfolio investors (FPI) actively participated in market gains, net buying shares worth ₹2,982 crore on the BSE.Market Gains Driven by Tech Optimism The Nifty closed at 24,250, rising 264 points or 1.1%. The Sensex surged to 77,654, up 888 points or 1.2%. This broad-based rally is fueled by expectations of a potential rotation in overseas...

Dr. Reddy's Laboratories Completes USFDA Pre-Approval and GMP Inspection at Srikakulam Unit Dr. Reddy's Laboratories Limited has completed a crucial Pre-Approval Inspection (PAI) and Good Manufacturing Practices (GMP) inspection by the United States Food & Drug Administration (USFDA). The audit was conducted at the FTO-SEZ Process Unit-02 located in Srikakulam, Andhra Pradesh.The comprehensive inspection took place over ten days, spanning from July 20, 2026, to July 29, 2026.Following the conclusion of the review, Dr. Reddy's Laboratories reported that a Form 483 was issued regarding the site. The company noted that there were three observations detailed in the document.Dr. Reddy's Laboratories has indicated that it plans to...

Rainbow Children's Medicare Limited Acquires Stake in Nellore Hospital to Strengthen Andhra Pradesh Network Rainbow Children's Medicare Limited has acquired a significant stake in Super Prime Medical Care LLP, with the move aimed at strengthening its presence and operational footprint across Andhra Pradesh. The acquisition involves purchasing 64% of the partnership interest and corresponding capital contribution in the LLP.The Company agreed to an aggregate consideration of ₹ 19.84 Cr for the proposed transaction, which includes a Partnership Interest and Contribution Transfer Agreement (PICTA) executed with existing partners of Super Prime Medical Care LLP. Upon the successful completion of the acquisition, the LLP will become a...

Lemon Tree Hotels Strengthens Global Footprint with New Signings in Nepal and Andhra PradeshNew properties in Vijayawada and Siddharthanagar expand group's portfolio across India and international markets.New Delhi, July 29, 2026 — Lemon Tree Hotels Limited, a leading hospitality company, has announced the signing of two new properties: Lemon Tree Hotel, Siddharthanagar in Nepal and Keys Select by Lemon Tree Hotels, Vijayawada in Andhra Pradesh. These signings are designed to reinforce the group's growing presence across India and Nepal, adding scale to its established operations in both regions.Both newly signed properties will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited...

Hexaware Reports Q2 CY26 Results: Revenue Hits USD 405.4 Million, Margin Expands Hexaware Technologies Limited, a global provider of IT solutions and services, announced its financial results for the second quarter of calendar year 2026 (Q2CY26), ending June 30, 2026. The company reported significant performance across various business segments while maintaining a focus on AI innovation.The consolidated interim statements showed a total revenue of INR 38,452 million (USD 405.4 Million) for the quarter. Profit Before Tax stood at INR 4,407 million.Financial Performance Overview Hexaware’s Q2CY26 results demonstrated growth in revenue and profitability compared to previous periods. The company maintained a focused approach on...

ADF Foods Reports Strong Q1 FY27 Results with Consolidated Revenue Growing 25.9% Year-on-Year Mumbai, July 29, 2026 — ADF Foods Limited, a manufacturer of prepared ethnic foods, announced its financial results for the first quarter ended June 30, 2026. The company reported continued robust growth across both consolidated and standalone segments, driven by market penetration and operational improvements.The company delivered another quarter of strong double-digit growth in Q1 FY27, marking its fourth consecutive quarter of performance growth. Consolidated revenue increased by 25.9% year-on-year (YoY) to Rs. 167.3 Cr. EBITDA grew by 26.0% to Rs. 29.7 Cr., while Profit After Tax (PAT) rose 13.4% to Rs. 17.3 Cr.Key performance metrics...

EFC Reports Strong Q1 FY27 Results, Driven by 29% YoY Revenue Growth and Expanding Service Ecosystem EFC (I) Limited, a real estate-as-a-service platform specializing in managed office solutions, interior design, and furniture manufacturing, announced its financial results for the first quarter of Financial Year 2026-27. The company reported consistent growth across all business segments, reinforcing its market position through its diversified service offering.The Q1 FY27 results showed a robust top line, with revenue rising 29% year over year (YoY) to ₹2,828.8 Mn. EBITDA stood at ₹1,229.6 Mn, marking a 20% YoY increase. Profit after Tax (PAT) reached ₹708.5 Mn, reflecting a 52% YoY growth in PAT.Financial Highlights for Q1 FY27 and...

Max Healthcare Institute Confirms Registration of Final Meeting Documents for Nigerian SubsidiaryMax Healthcare Institute Limited has received confirmation regarding the completion of the voluntary winding up process for its wholly-owned subsidiary, MHC Global Healthcare (Nigeria) Limited. The registration of the Account and Return of Final Meeting by the Corporate Affairs Commission marks a key step in the dissolution of the Nigerian entity.The Company confirmed that the registration documents were accepted by the Corporate Affairs Commission. According to the notification received on July 29, 2026, MHC Nigeria will be formally deemed dissolved upon the expiration of three months from the date of the relevant letter issued by the...