Markets

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...

GAIL and RCF Ink MoU to Develop 1.27 MMTPA Gas-Based Fertilizer Project in Maharashtra GAIL (India) Limited and Rashtriya Chemicals and Fertilizers Limited (RCF) have signed a Memorandum of Understanding (MoU) aimed at jointly establishing a gas-based fertilizer project in the state of Maharashtra. The collaboration involves setting up a facility through a Special Purpose Vehicle (SPV).The proposed urea production facility is planned for the Vidarbha region of Maharashtra, situated along GAIL's Mumbai-Nagpur-Jharsuguda Natural Gas Pipeline (MNJPL). This strategic partnership between the two organizations signifies their combined efforts to move the project from conceptualization to successful implementation.The MoU was formalized by...

Happy Square Outsourcing Services Settles NSE Fine Over Delayed Financial Reporting for March 2026 The Board of Directors of Happy Square Outsourcing Services Limited addressed a fine levied by the National Stock Exchange of India (NSE) concerning the delayed submission of audited standalone financial results for the quarter and financial year ended March 31, 2026. The company announced that it has remitted the fine and committed to strengthening its internal compliance processes.The Board reviewed the notice from the NSE detailing non-compliance related to the filing of the audited financial results. According to the Board’s observations, the delay occurred because the audit could not be completed within the prescribed timeline, with...

Vivek Adhav Appointed Chief Credit - Wholesale Lending at Bajaj Housing Finance Limited Bajaj Housing Finance Limited has announced the appointment of Shri Vivek Adhav as a Senior Management Personnel (SMP). The appointment is effective from August 1, 2026, filling a key leadership role within the company's credit operations.Shri Vivek Adhav was appointed to head Credit - Wholesale Lending at Bajaj Housing Finance Limited. His profile includes extensive experience in corporate and wholesale credit, construction finance, venture debt, and cross border lending.Prior to joining BHFL, Shri Adhav spent 21 years at Axis Bank, where he held several leadership positions across various areas, including large corporate credit, commercial real...

Triveni Engineering & Industries Approves Q1 FY27 Results; Announces Director Appointment and Associate Status Update Triveni Engineering & Industries Limited announced key decisions following its Board of Directors meeting held on July 29, 2026. The company approved the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026 (Q1 FY27). Furthermore, the board addressed major changes in personnel appointments and corporate structure regarding its investment in Triveni Power Transmission Limited (TPTL).Personnel Appointments and Remuneration UpdatesAt the meeting, the Board approved a revision to the remuneration payable to Mr. Tarun Sawhney, Vice Chairman & Managing Director of the Company. The...

Alpa Laboratories Approves In Principle Overseas Venture in Nigeria Alpa Laboratories Limited has accorded approval in principle for the promotion and incorporation of an overseas company in the Federal Republic of Nigeria, marking a significant move into international healthcare expansion.The proposed venture will be established as "Alpa Biopharm Limited," or such other name as may be approved by the competent authority. This new entity will be incorporated in association with Blueseal Pharmaceuticals Limited, based in Nigeria. The establishment is subject to receiving all applicable statutory, regulatory, and other necessary approvals.If successfully incorporated, the proposed Nigerian entity intends to undertake pharmaceutical...

Copper Slips Ahead of Fed Rates as Geopolitical Fears Ignite Aluminium Rally amid Supply Worries Benchmark three-month copper on the London Metal Exchange (LME) saw a pullback on Wednesday, trading in cautious territory ahead of a crucial Federal Reserve interest rate decision. The metal fell 0.4% to $13,631 a metric ton by 10:02 GMT. Despite the decline, copper managed to hold above its 50-day moving average support level at $13,576.The outlook for commodity demand remains under pressure due to global macroeconomic factors. The U.S. dollar has been nearing one-month highs as investors remain reserved awaiting the Fed's eventual decision. Market pricing suggests a roughly 30% probability of the central bank implementing a...

Vedanta Power Reports Strong Q1 FY27 Results: Revenue Jumps 31% as Credit Ratings Are Upgraded Vedanta Power Limited, previously known as Talwandi Sabo Power Limited, announced its financial results for the first quarter of fiscal year 2027 (Q1 FY27), which ended on June 30, 2026. The company reported a 31% year-on-year rise in revenue and witnessed significant improvements in its operational efficiency and credit profile.The power sales for the quarter surged by 38% year-on-year, reaching 5,224 million units (MU). Total revenue reached Rs. 2,607 Crores, while EBITDA stood at Rs. 291 Crores. In addition to the operational successes, Vedanta Power saw its creditworthiness improved, with ratings upgraded to CRISIL AA+ (CE) and ICRA...

Invicta Diagnostic Limited Appoints New Managing Director and Approves Associate Stake Sale The Board of Directors of Invicta Diagnostic Limited held a meeting on July 29, 2026, during which it approved several key changes in management appointments and reviewed the sale of a significant stake in an associate LLP. The company also recorded the resignations of two senior executives.Leadership Changes and Key Appointments The Board accepted the resignation of Mr. Rohit Prakash Srivastava from the position of Whole Time Director (Finance) and Director, effective July 29, 2026. The Board appreciated his services and placed on record that he will continue serving as Chief Financial Officer (CFO) and Key Managerial Personnel.Concurrently...

Signatureglobal Enters Collaboration Agreement for Land Development in Gurugram Signatureglobal (India) Limited has entered into a Collaboration Agreement to develop project(s) on a land parcel located in Haryana. The agreement was signed on July 29, 2026.The collaboration concerns a piece of land situated at Village Alipur, Tehsil Sohna, District Gurugram, Haryana. The land parcel measures 6.14 acres.Signatureglobal has stated that the land holds an overall potential developable area of approximately 0.52 million square feet.SIGNATURE Stock Price Movement Today, Signatureglobal (India) Limited shares edged higher in the market, settling at ₹819.60 after climbing 2.36%. The stock traded through a solid intraday range, with prices...

Syngene Announces Q1 FY27 Results: Revenue at Rs 736 Cr; Operating EBITDA at Rs 91 Cr Syngene International Limited today released its financial results for the first quarter of fiscal year 2027 (Q1 FY27). The company reported revenue from operations at Rs 736 Crore, while operating EBITDA stood at Rs 91 Crore.The quarterly performance showed shifts compared to Q1 FY26. Revenue from Operations was Rs 736 Cr in Q1 FY27, down from Rs 875 Cr in Q1 FY26, representing a 16% decrease. Operating EBITDA for the quarter was Rs 91 Cr, compared to Rs 206 Cr in Q1 FY26, marking a 56% decline. The operating EBITDA margin stood at 12%, down from 24% in the previous year's corresponding period.The company reported PAT before exceptional items of...

Vedanta Iron and Steel Limited reports strong Q1 FY27 results, driven by operational efficiencies and rising realization Mumbai, July 29, 2026: Vedanta Iron and Steel Limited (VISL) today announced its consolidated financial results for the first quarter of fiscal year 2027 (Q1 FY27), ending June 30, 2026. The company reported significant improvements in revenue and profitability, attributing the performance to increased volumes and improved product realization across its steel and iron ore businesses.The company's revenue from operations for Q1 FY27 stood at ₹3,612 crore, marking an 18% year-on-year (YoY) increase. EBITDA jumped 54% YoY to ₹515 crore, with the operating margin improving by 322 basis points (bps) to 14%. The company’s...