Markets

Eicher Motors Records Strong Q1 FY '27 as Revenue Grows 32%, Driven by Royal Enfield and VECV Performance Eicher Motors Limited (EML) announced its unaudited consolidated financial results for the first quarter of Fiscal Year 2026-27, ending June 30, 2026. The company reported a period of significant growth, highlighted by best-ever performance in Royal Enfield's segment and robust results from VE Commercial Vehicles (VECV).EML reported that Revenue from operations for Q1 FY '27 reached ₹ 6,632 crores, marking a 32% increase compared to the corresponding quarter of FY 2025-26. EBITDA grew by 32%, achieving a record high of ₹ 1,591 crores against ₹ 1,203 crores in the previous year's quarter. Profit After Tax rose by 21% to ₹ 1,463...

Jagsonpal Pharmaceuticals Designates Key Personnel as Senior Management Jagsonpal Pharmaceuticals Limited has designated two senior professionals into its management structure following an internal restructuring move. The changes are effective from July 29, 2026.The company has appointed Mr. Balmukund Keshav and Mr. Sanjay Singhal to key roles within the organization. Mr. Balmukund Keshav will serve as Deputy General Manager (Information Technology), while Mr. Sanjay Singhal is designated as General Manager (CQA & Regulatory Affairs).Profile of New Senior Management Personnel The appointments bring together extensive experience in both IT leadership and pharmaceutical operations. The details regarding the designated personnel...

Brigade Group Acquires 2-Acre Land Parcel on Kanakapura Road for Premium Residential Development with Rs 400 Crore GDV Bengaluru, July 29, 2026: Brigade Group has finalized the outright purchase of a 2-acre land parcel situated on Kanakapura Road in South Bengaluru. The company plans to develop a premium residential project on this site, which is estimated to have a Gross Development Value (GDV) of approximately Rs 400 Crores.Strategically located within one of South Bengaluru’s prime residential corridors, the forthcoming development aims to combine contemporary living standards with amenities designed for connectivity and long-term value. This move underscores Brigade Group's commitment to expanding its presence in high-potential...

Sacheerome Limited Unveils Q1 FY27 Business Update, Highlights Expansion in Fragrance and Flavour Solutions Sacheerome Limited, a long-standing player in the chemical industry, has released its first quarter of fiscal year 2027 business update. The company, which specializes in the design, development, and manufacturing of innovative fragrance and flavour solutions, provided insights into its operational capacity, market presence, and future expansion plans across various sectors.The company, established in 1992, boasts over 33 years of experience as a leading fragrance and flavour manufacturer. It serves a diverse B2B customer base, including major FMCG brands in both India and international markets. Sacheerome's comprehensive...

Inventurus Knowledge Solutions Establishes Value-Based Healthcare Entity in US Market Inventurus Knowledge Solutions Limited has seen its subsidiary establish a new strategic entity aimed at expanding its footprint within the specialized United States healthcare market. The company’s wholly owned subsidiary, Inventurus Knowledge Solutions Inc., incorporated Value Partners Collective ACO, LLC (VPCA), an Accountable Care Organization (ACO).The incorporation of VPCA is described as a strategic initiative to enter the high-growth sector of Value-Based Healthcare Management and Accountable Care Operations within the United States. The new entity, which was officially incorporated on May 5, 2026, is based in Coppell TX and focuses on the...

S. P. Apparels Limited Enters Unsecured Loan Agreement with Wholly Owned Subsidiary S.P. Apparels Limited has formalized a loan agreement with its wholly owned subsidiary, S.P. Apparels (UK) (P) Limited. The transaction was structured to provide a specialized financing facility for the business and operations of the British entity.The agreement establishes S. P. Apparels Limited as the Lender, while S.P. Apparels (UK) (P) Limited serves as the Borrower. As the company holds 100% shares in the subsidiary, the transaction constitutes a related party dealing that was affirmed to be conducted at arm's length.The loan facility is intended for business and operational purposes within the UK entity. The maximum limit set for the agreement...

Competition Commission of India Approves Proposed Combination Involving Go Digit and Associated Entities The proposed combination involving FAL Corporation, Go Digit Infoworks Services Private Limited, and Go Digit General Insurance Limited has been approved by the Competition Commission of India (CCI).The CCI granted approval for the combined entity on July 28, 2026. The decision was taken under Section 31(1) of the Competition Act, 2002, regarding the proposed combination.This approval relates to a notice filed by FAL Corporation; Go Digit Infoworks Services Private Limited and Go Digit General Insurance Limited on May 12, 2026, under sub-section (2) of Section 6 of the Competition Act, 2002.Go Digit General Insurance Limited...

NTPC Green Energy Limited Adds 50 MW Solar Capacity to Portfolio, Boosting Group TotalNTPC Green Energy Limited, a subsidiary of NTPC Limited, has declared that the third-party solar capacity unit is operational. This addition strengthens the company's renewable energy footprint following the commissioning of the asset in Rajasthan.The commercial operation status was confirmed for the 50 MW Solar Capacity within a cumulative 150 MW Solar component. This facility is part of the larger 100 MW RE Round The Clock (RTC) project capacity. Project Eleven Renewable Power Private Limited, a step-down subsidiary of ONGC NTPC Green Private Limited, manages this asset. The solar unit achieved commercial operation as of 00:00 hrs on July 31...

FORCE MOTORS LTD Announces Changes in Senior Management Officials Force Motors Limited has announced changes concerning its Senior Management Officials (SMOs). The Board of Directors, having considered these updates following a recommendation from the Nomination and Remuneration Committee (NRC), approved the modifications effective July 29, 2026.The changes pertain to several officials who have ceased their roles as Senior Management Officials, details which were confirmed by the company's management.A list of the personnel affected by these changes is provided below:NameChange StatusEffective DateMr. Makar and P. KanadCeased as SMOJuly 29, 2026Mr. Pradeep S. DhadiwalCeased as SMOJuly 29, 2026Mr. Ajai Kumar SharCeased...

India Sets Ambitious Goal: MHI Launching Tender for 10 GWh Advanced Chemistry Cell Manufacturing Capacity The Ministry of Heavy Industries (MHI) successfully concluded a pivotal Pre-Bid conference aimed at launching a major initiative in grid-scale energy storage. The global tender is specifically designed to select manufacturers who will set up Advanced Chemistry Cell (ACC) manufacturing facilities with a cumulative capacity of 10 GWh for Grid Scale Stationary Storage Applications.The pre-bid event, held on July 29, 2026, at the India Habitat Centre in New Delhi, drew significant interest. Twenty-nine prospective bidders participated alongside key industry stakeholders and representatives from various Government Ministries, including...

Eicher Motors Reports Q1 2026 Results: Standalone Net Profit Stands at ₹1,506.62 Crores Eicher Motors Limited announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The Board of Directors approved these results during a meeting held on July 29, 2026.The company's Q1 performance showed strong revenue generation across its operations. For the quarter, Eicher Motors recorded Total Revenue from operations of ₹6,213.61 Crores, complemented by Other income amounting to ₹727.09 Crores, bringing the Total Income to ₹6,940.70 Crores. The company reported that its total expenses for the period were ₹4,972.66 Crores.This translated into a Profit before exceptional item and tax of...

Nifty Surges to New High as FIIs Pump Shares; DII Buying Stalls at ₹998 Crore The stock markets witnessed a significant rally on the first day of the August series, driven by strong institutional flows and sectoral resilience. Nifty rallied emphatically, recovering hundreds of points from its recent swing low and closing at 24,250, marking its highest close in eight trading sessions.Foreign Institutional Investors (FIIs) significantly boosted market sentiment, contributing to the rally. FIIs net bought shares worth ₹17,358 crore during the session. Conversely, Domestic Institutional Investors (DIIs) recorded a net purchase of shares worth ₹998 crore.FII and DII Flows Detail Market Participation Detailed provisional data from the...

eMudhra Reports Healthy Q1 FY27 Results with 27.8% Revenue Growth and Strong Margin PerformanceBengaluru, India - July 29, 2026: eMudhra Limited, a provider of digital trust, digital security, and paperless transformation solutions, announced its unaudited financial results for the first quarter of FY27 (Q1 FY27), ended June 30, 2026. The company reported significant growth across key metrics, with Total Income rising by 27.8% year-on-year.The consolidated financial highlights demonstrate strong operational health and increased profitability in Q1 FY27.Key Financial Metrics (Consolidated)Particulars (Rs. Million)Q1 FY27Q4FY26QoQ %Q1 FY26YoY %Total Income1,9251,966-2.1%1,506+27.8%Gross Margin %57.3%52.8% 53.7%EBITDA...

J.K. Shah Commerce Education Limited Approves New Auditors and Articles of Association Amid Composite Scheme On July 29, 2026, the Board of Directors of J.K. Shah Commerce Education Limited (JSCEL) approved a set of significant corporate matters related to its ongoing status as the Resulting Company in the Composite Scheme of Arrangement involving Veranda Learning Solutions Limited (VLS) and Veranda XL Learning Solutions Private Limited (VXLS). The approvals include the adoption of new Articles of Association and the appointment of new statutory, internal, and secretarial auditors.The Board approved the adoption of a revised set of Articles of Association, subject to the approval of its members. These articles are aligned with the...

Lumax Industries Announces 45th Annual General Meeting and Sets Record Date for Dividend Payout Lumax Industries Limited has scheduled its 45th Annual General Meeting (AGM) and established key dates for shareholders regarding the upcoming dividend eligibility for the Financial Year 2025-26. The AGM is set to take place on August 26, 2026.The company announced that the 45th AGM will be held on Wednesday, August 26, 2026, at 02:30 P.M. (IST). Members will be able to attend the meeting through Video Conferencing (VC) or Other Audio Visual Means (OAVM).Key timelines for shareholders eligible to vote or receive dividends have been set out by Lumax Industries Limited. The cut-off date for determining members eligible to vote on the...

Mangal Electrical Industries Approves Quarterly Results, Appoints New Director The Board of Directors of Mangal Electrical Industries Limited (formerly known as Mangal Electrical Industries Private Limited) approved the Unaudited Financial Results for the quarter ending June 30, 2026. The company also finalized several governance appointments and scheduled its upcoming Annual General Meeting (AGM).During the board meeting held on July 29, 2026, the directors considered and approved the unaudited financial results for the quarter ended June 30, 2026. Concurrently, the company ratified the re-appointment of M/s SCLJ & Associates, Chartered Accountants (Firm Registration No. 036048C), as Internal Auditors for the Financial Year 2026-27...

Redington Reports Record Q1 FY27 Revenue at ₹34,966 Crore; Profit Jumps 77% Redington Limited, a leading technology solutions provider, announced its financial results for the quarter ended June 30, 2026. The company reported its highest-ever quarterly revenue and profit in Q1 FY27, driven by strong performance across all operating markets and diversified business segments.Consolidated revenue stood at ₹34,966 crore, marking a 34% year-on-year increase. Furthermore, profit after tax (PAT), excluding exceptional items, rose by 77% to ₹486 crore. For the quarter, the PAT margin stood at 1.4%.The growth was robust across Redington’s business units and key international markets. India delivered particularly strong momentum, with revenue...

TBO Tek Reports Solid Q1 FY27; Organic Growth and Operating Leverage Drive Margin Expansion TBO Tek Limited delivered a robust performance in the first quarter of Fiscal Year 2027, characterized by significant GTV growth and successful margin expansion driven by improved operating leverage. The company noted that this outcome represented an inflection point where Gross Profit growth started outpacing SG&A (Selling, General, and Administrative) growth.The results were announced amidst geopolitical headwinds emanating from the Middle East crisis, yet TBO’s platform continued to demonstrate resilience through its diversification and operational efficiency.Q1 Highlights and Operational Strength For the quarter ended June 30, 2026, Gross...

TBO Tek Reports Strong Q1 FY27 Results; Revenue Jumps 81% While Adj. EBITDA Reaches ₹150 Crores TBO Tek Limited, one of the global travel distribution platforms, announced its unaudited financial results for the first quarter of Fiscal Year 2027 (Q1 FY27). The company reported a robust performance characterized by significant revenue growth and margin expansion, despite ongoing geopolitical challenges in the Middle East.The Q1 saw TBO Tek’s Gross Transaction Value (GTV) stand at ₹11,154 Cr, marking a 37% increase year-over-year (YoY). The company's operating metrics demonstrated effective scaling and operational leverage across various segments and geographies.Financial Highlights for Q1 FY2027 The consolidated financial performance...

Jagsonpal Pharmaceuticals Reports Strong Q1 FY27 Results; Revenue Up 9% as Company Enters Hospital Supplies Segment via Aequitas Acquisition Gurugram, July 29, 2026: Jagsonpal Pharmaceuticals Limited today announced its unaudited financial results for the quarter ended June 30, 2026. The company reported robust growth across key performance indicators, including a 9% year-on-year (YoY) increase in revenue and a 22% rise in Profit After Tax (PAT).The results reflect strong operating momentum, supported by the strategic acquisition of Aequitas Healthcare, which marks Jagsonpal's entry into the hospital supplies sector. The company reported ending Q1 FY27 with cash reserves standing at ₹1,700 Mn.Financial Performance Highlights...