Markets

Waaree Energies Reports Strong Q1 FY27 Results; Revenue Surges 79.22% YoY as Order Book Reaches ₹61,500 Crore Waaree Energies Limited reported robust financial performance for the quarter ended June 30, 2026, announcing a significant surge in revenue and expanding its order book substantially through strategic business development and operational efficiency. The company's results reflect the momentum gained by its evolving "Waaree 2.0" strategy, transitioning the entity into a diversified energy transition enterprise.Q1 FY27 Financial Performance Snapshot The financial results for Q1 FY27 showed substantial year-over-year growth across key metrics. Revenue from Operations reached ₹7,931.79 Crores, marking a 79.22% increase compared to...

Marc Technocrats Limited Awarded Project for Punjab Road Maintenance Marc Technocrats Limited has secured a new contract involving road monitoring and financial auditing work in District Pathankot. The project involves serving as Third Party Techno Financial Auditors for the Dunera Saliali Lehroon Gall road, spanning KM 0.00 to 12.00 KM in District Pathankot.The order was awarded by PWD B&R (Punjab) and pertains to the construction supervision and overall monitoring of the specified route. The contract stipulates that Marc Technocrats Limited will oversee the work for a total period encompassing a one year defect Liability period followed by a four-year maintenance period.Key details regarding the contracted work are provided below...

Systematix Corporate Services Limited invests in wholly owned subsidiary via rights issue Systematix Corporate Services Limited has completed an investment in its Wholly Owned Subsidiary, Systematix Wealth & Asset Services Private Limited (SWASPL), through a subscription to a rights issue. The transaction involved a cash consideration of Rs. 2,50,00,000 by subscribing 25,00,000 equity shares of the subsidiary, each with a face value of Rs. 10/- and issued at par.SWASPL, which was formerly known as Systematix Wealth & Asset Management Private Limited and Systematix Ventures Private Limited, is currently focused on carrying the business of Alternative Investment Funds, Wealth Management, and distribution services for various financial...

HEG Limited Shareholders Urged to Dematerialize Shares Ahead of Graphite Business Allotment Shareholders of HEG Limited have received urgent communication regarding the Composite Scheme of Arrangement, which involves the demerger of the Graphite Business from the Company. Physical shareholders are being advised to update their KYC details and dematerialize their shares before the designated Record Date to ensure seamless credit of equity in the Resulting Company, HEG Graphite Limited.The scheme encompasses HEG Limited (the Company), HEG Graphite Limited (Resulting Company), and Bhilwara Energy Limited (Transferor Company). Under the terms of the Scheme, the Graphite Business of HEG Limited will be demerged into the Resulting Company...

Marc Technocrats Limited Awarded Project as Third Party Techno Financial Auditor for PWD B&R (Punjab) Marc Technocrats Limited (MTL) has been awarded a new project by PWD B&R (Punjab). The contract involves MTL serving as the Third Party Techno Financial Auditors for a specific road network within District Pathankot.The project focuses on the work related to Shahpur Kandi KM Pathankot Shahpur Kandi Road and Bani Lodhi Kotli of road in District Pathankot. The scope also includes construction supervision, 0&M monitoring, and defect liability management.The contract is a domestic order from PWD B&R (Punjab). MTL was awarded the mandate to serve as Third Party Techno Financial Auditors for this project.Key details regarding the...

Happy Square Outsourcing Services Reports Strong Q1 FY27 Performance Driven by High Growth and Secured Order Book Happy Square Outsourcing Services Limited, operating under its brand White Force, has demonstrated robust performance in the first quarter of fiscal year 2026-27 (Q1 FY27). The integrated HR outsourcing and staffing solutions provider recorded significant revenue growth while expanding its operational footprint across various key sectors.White Force offers a comprehensive range of workforce solutions, including temporary and permanent staffing, payroll management, compliance services, and recruitment. The company maintains a strong Pan-India presence and operates the digital job platform, white-force.com, which hosts over...

Star Health Reports ₹550 Crores PAT in Q1 FY27 as Underwriting Profit Soars to ₹111 Crores Star Health and Allied Insurance Company Limited, India's largest standalone health insurer, announced robust financial results for the quarter ending June 30, 2026 (Q1 FY27). The company posted a Profit After Tax (PAT) of ₹550 Crores, marking a 25% year-on-year increase. Underwriting Profit saw a sharp rise, reaching ₹111 Crores compared to ₹16 Crores in the corresponding period of Q1 FY26.The strong performance was attributed to healthy premium growth, sustained operating efficiencies, and disciplined underwriting practices across the organization.Key Financial and Operational Highlights (Q1 FY27) During the quarter, Star Health recorded...

Route Connect Completes Acquisition of AI-Led Omnichannel Business from Heltar Technologies Route Mobile Limited announced that it has successfully completed the acquisition of the AI-led Omnichannel Business Undertaking from Heltar Technologies Private Limited. The acquisition was executed via a slump sale on a going concern basis, involving Route Connect Private Limited, a wholly owned subsidiary of the company.The business transfer agreement (BTA) dated July 13, 2026, outlined the transaction. According to the announcement, all condition precedents stipulated under the BTA have been fulfilled or waived, leading to the successful conclusion of the acquisition on July 29, 2026.With effect from the close of business hours on July...

MTAR Technologies Reports Highest Ever Revenue in Q1 FY27; Achieves Significant YoY Growth Across Key Metrics Hyderabad: MTAR Technologies Ltd, a manufacturer specializing in mission critical precision engineered systems, has announced its unaudited consolidated financial results for the First quarter of Financial Year 2027 (Q1 FY27). The company reported exceptionally high performance, noting a significant increase in revenues and EBITDA.MTAR, which caters to the Clean Energy Civil Nuclear Power Fuel Cells Hydel and Aerospace and Defence sectors, saw its Revenue from Operations climb substantially compared to the previous year. The results confirm the company's continued growth trajectory across various business verticals.Financial...

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...