Markets

Dabur's Q1 Results Show Net Profit Surging 15% as FMCG Business Grows 9.5% India's leading science-based Ayurveda major, Dabur India Limited, announced strong financial results for the quarter ending June 30, 2026. The company reported a 15% surge in Net Profit at Rs 591 Crore, supported by a 10.6% jump in Consolidated Revenue, reaching Rs 3,761 Crore. Furthermore, the India FMCG business demonstrated resilience, posting 9.5% growth with underlying volume growth at 5%.Commenting on the performance, Global Chief Executive Officer Mohit Malhotra stated that this marks the third consecutive quarter of double-digit profit growth for Dabur. The company navigated a challenging operating environment marked by persistent inflationary...

Triveni Power Transmission Restructures Board, Announces Key Appointments Following Composite Scheme of Arrangement Triveni Power Transmission Ltd (TPTL) has announced significant changes in its corporate structure and leadership following the implementation of a Composite Scheme of Arrangement involving TPTL, Triveni Engineering & Industries Ltd (TEIL), and Sir Shadi Lal Enterprises Limited (SSEL). The company made several key announcements regarding board appointments, senior management designations, and compliance roles.One of the primary structural updates relates to the allotment of equity shares. TPTL allotted 734,54,338 fully paid-up equity shares at Rs. 2 each to eligible shareholders of Triveni Engineering & Industries...

Aequs Reports Record Quarter with 55% YoY Revenue Growth; Aerospace Order Book Crosses USD 1 Billion Aequs Limited, an engineering-led, vertically integrated precision manufacturer operating within a single SEZ and having a strong presence across aerospace and consumer segments, announced its financial results for the quarter ending June 30, 2026. The company reported significant revenue growth while also noting operational nuances in profitability across different segments.The consolidated figures showed that Aequs generated Revenue from Operations of ₹3,955 million for Q1 FY2027, marking a 55% year-on-year (YoY) increase from Q1 FY2026 results of ₹2,556 million. This performance was compared to the Q4 FY2026 result of ₹3,671...

Ministry Approves Entrustment of IRCTC Chairman Post to Shri Rahul Himalian The Ministry of Railways, Government of India, has approved a key administrative decision concerning Indian Railway Catering and Tourism Corporation Limited (IRCTC). The competent authority has conveyed approval for entrusting the additional charge of the post of Chairman & Managing Director, IRCTC.Shri Rahul Himalian, who currently serves as Director (Tourism & Marketing) at IRCTC, has been entrusted with the additional charge. This appointment is effective from July 20, 2026.The entrustment period for the additional charge is set for a duration of nine months. The term will conclude either upon the assumption of the full charge by the regular incumbent or...

SEBI Penalizes Stock Manipulators: Three Individuals Fine Rs 20 Lakhs Over AIPL Telegram Pump-and-Dump Scheme SEBI Adjudicates Market Manipulation in Akash Infra-Projects Limited Scrip Securities and Exchange Board of India (SEBI) has issued a decisive adjudication order, imposing a substantial penalty on three individuals for involvement in the orchestrated market manipulation surrounding Akash Infra-Projects Limited (AIPL). The findings confirm that these individuals engaged in a coordinated scheme to disseminate misleading stock recommendations via Telegram channels.The Adjudicating Officer determined that the actions violated multiple provisions of the SEBI Act, 1992, and the PFUTP Regulations, 2003. This market manipulation...

BMW Ventures Limited Reports Q1 FY26 Un-audited Financial Results, Reflecting Profitability of ₹1,057.69 Million BMW Ventures Limited has reported its un-audited financial results for the quarter ended June 30, 2026. The Board of Directors reviewed and approved these results, which were subjected to a limited review by statutory auditors.The company, which is engaged in a diversified business portfolio including trading in iron and steel products—primarily sourced from Tata Steel Limited—and distribution of construction equipment, has aggregated its various activities into a single operating segment for financial reporting purposes.Key Financial Highlights (Q1 FY26) The unaudited financial results show the company's performance...

Force Motors Reports Q1 FY27 Results: Standalone Net Profit Stands at 212.07 CR; Consolidation Shows Strong Income Force Motors Limited has reported its unaudited financial results for the quarter ending June 30, 2026. The company released both standalone and consolidated statements detailing operational performance during the period.The Board of Directors approved the un-audited Standalone and Consolidated Financial Results along with the corresponding Limited Review Reports issued by the Statutory Auditors on July 29, 2026.Q1 FY27 Financial Performance Summary The company's standalone results indicated a Total Income of 2,477.95 CR for the quarter, down from 2,583.57 CR in the corresponding period of March 31, 2026. The Net Profit...

Shyam Metalics Commissions 1.5 MTPA Beneficiation Plant in Odisha Shyam Metalics and Energy Limited has successfully commissioned its new 1.5 MTPA Beneficiation Plant located in Sambalpur, Odisha. The facility marks a significant operational milestone for the company, focused on processing low-grade ore to supply high-quality feedstock to downstream operations.The commissioning event took place on July 29, 2026. This strategic investment involves a substantial capital outlay and is designed to enhance resource management and improve operating margins across Shyam Metalics' product lines, including TMT RE-BAR and structural steel products.Details regarding the new facility are as follows:ParticularsDetailsProject Name1.5 MTPA...

Manugraph India Limited Announces Book Closure Ahead of 54th Annual General Meeting Manugraph India Limited has announced that it will close its Register of Member and Share Transfer Books in preparation for the company's 54th Annual General Meeting (AGM).The AGM is scheduled to be held on Monday, August 24, 2026. The meeting will utilize Video Conferencing (VC) or other Audio-Visual Means (OAVM).To ensure the smooth conduct of the AGM, the company has set specific dates for the book closure. Shareholders are advised to note these timelines regarding the transfer of their shares.SecurityType of IssueBook Closure DatesRecord DatePurposeManugraph (BSE: 505324, NSE Symbol)EquityFrom Monday, August 17, 2026, To Monday, August 24...

Indorama Synthetics Reports Q1/FY27 Results Amid Key Leadership Appointments Indo Rama Synthetics (India) Limited released its un-audited consolidated financial results for the first quarter of the financial year 2027 (Q1/FY27). The company's Board of Directors meeting, held on July 29, 2026, resulted in significant governance decisions, including the re-appointment and extension of key senior leadership positions.The company confirmed the performance results and approved the reconstitution of its Stakeholders Relationship Committee during the board session.Financial Performance Highlights The consolidated financials for Q1/FY27 showed a total income of 940.20 Crore. The management noted that the decrease in Total Income for Q1/FY27...

UMC Hospitals Achieves Regional Milestone with First Bilateral Robotic Direct Anterior Total Hip Replacement in Navi Mumbai In a significant step forward for advanced joint replacement surgery, UMC Hospitals, part of Unihealth Hospitals Limited, successfully completed the region's first Bilateral Robotic Direct Anterior Approach (DAA) Total Hip Replacement. This pioneering procedure marks a crucial development in minimally invasive and technology-enabled hip replacement care in Navi Mumbai.The complex bilateral operation was conducted by Dr. Avinashdev Upadhyay, Consultant Orthopaedic and Robotic Joint Replacement Surgeon at UMC Hospitals, who possesses advanced fellowship training in Robotic Hip & Knee Replacement Surgery and Direct...

Wipro Allots Equity Shares Under Various Stock Plans Following ESOP Exercise Wipro Limited announced the allotment of equity shares under several long-standing stock incentive plans, following the exercise of Employee Stock Options (ESOPs). The share allotments were processed on July 29, 2026.The company allotted a total number of equity shares across different schemes designed for employees and performance incentives. These allotments include shares issued under specific Restricted Stock Unit (RSU) plans and employee stock option schemes.Key details regarding the allotment are as follows:Restricted Stock Unit Plan 2004: A total of 20,176 equity shares were allotted under this plan. Restricted Stock Unit Plan 2007: The company...

Govt Finalizes Comprehensive Rules for Coal Exchange, Mandating Fair Price Discovery and Market Oversight The Ministry of Coal has officially notified the Coal Exchange Rules, 2026, establishing a stringent regulatory framework designed to bring transparency and efficiency to the trading of coal and its processed forms. These rules, communicated on June 04, 2026, are defined under Section 18B of the Mines and Minerals (Development and Regulation) Act, 1957.The regulations govern the establishment and operation of Coal Exchanges, which are specifically defined as online platforms where buyers and sellers conduct transactions, trade, and enter into contracts concerning coal products. The framework aims to ensure a robust and fair...

National Stock Exchange Levies Fine on Borana Weaves for Non-Compliance with Listing Regulations The National Stock Exchange of India Limited (NSE) has imposed a fine penalty on Borana Weaves Limited following observations regarding non-compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The NSE notified the company regarding delayed compliance pertaining to this regulation. The assessment covered the quarter ending March 31, 2026.The penalty details, covering the base fine amount, GST, and total payable, are as follows:RegulationQuarterFine Amount Per Day (Rs.)Days of Non-Compliance(s)Base Fine Amount (Rs.)REGULATION 3331-Mar-20265,0001680,000The assessment also...

Major Shift in Refund Process: SEBI Mandates New Phase II For Citrus Check Inns Investors, Opens Digital Portal All Investors Now Eligible for Refund as Supreme Court Committee Launches Public Notice SEBI has issued a critical public notice concerning investors of Citrus Check Inns Limited and Royal Twinkle Star Club Pvt. Ltd. The notice details the launch of Phase II for the refund process, supervised by an independent committee appointed following orders from the Hon'ble Supreme Court. This development marks a significant shift in the recovery mechanism for affected shareholders.The committee, chaired by Mr. A.P. Kurhekar (Retd. District Judge), was originally constituted to facilitate refunds based on civil appeal rulings dating...

Aeroflex Neu Limited Announces Q1 Results and Major Stake Acquisition in Subsidiary Aeroflex Neu Limited reported its un-audited consolidated financial results for the quarter ended June 30, 2026. The company’s Board of Directors considered and approved these results, which were reviewed by Statutory Auditors. Aeroflex Neu also announced the execution of a Share Purchase Agreement related to one of its material subsidiaries.The company released the Q1 operational and financial data along with segment-wise revenue and capital employed information for the quarter ended June 30, 2026.Financial Highlights (Q ended June 30, 2026) The consolidated results indicate robust activity across the company’s operations for the period. Total...

Garden Reach Shipbuilders Reports Strong Q1 FY27 Results with Revenue of Rs 1814.62 Crore Garden Reach Shipbuilders & Engineers Limited (GRSE), a Navratna Public Sector Undertaking under the Ministry of Defence, has announced its financial performance for the first quarter of Financial Year 2027. The company reported significant growth in Q1 FY27, achieving a revenue of Rs 1814.62 Crore and recording a Profit After Tax (PAT) of Rs 172.84 Crore.The results highlight a sustained upward trajectory for GRSE. Revenue saw an increase of 38.53% compared to Q1 FY26, while PAT increased by 43.83% in the same period.Financial Snapshot (in Rs. Cr) The financial health metrics across key parameters showed substantial improvement...

India Pesticides Limited Secures Fungicide Registration in Morocco India Pesticides Limited has successfully achieved a significant international regulatory milestone by obtaining registration for its fungicide formulation in the Moroccan agrochemical market. The approval marks the company's successful entry into the Moroccan market.This achievement is anticipated to contribute positively to the Company's export revenues and bolster foreign exchange earnings for the country.The details regarding the product and its launch in Morocco are as follows:ParticularDetailName of the ProductFungicide FormulationCategory of the ProductPesticidesInternational Market StatusInternational MarketCountry Launched InMoroccoDate of...

Yaap Digital Revises Valuation of Gozoop Equity and Recomputes Preferential Issue Price Yaap Digital Limited, formerly known as Yaap Digital Pvt. Ltd., has provided updates regarding the preferential issuance of equity shares, announcing a revision in the fair value of Gozoop Online Private Limited (Gozoop) equity and the re-computation of its own stock issue price. These changes pertain to the ongoing share swap arrangement for Tranche 1.The Company announced that it has obtained a revised Valuation Report from M/s SPA Valuation Advisors Private Limited, based on the audited financial statements for Gozoop for the financial year ended March 31, 2026. This valuation revises the fair value of Gozoop equity and clarifies how the...

Jagsonpal Pharmaceuticals Reports Q1 Unaudited Results; Announces Share Buyback Plan Jagsonpal Pharmaceuticals Limited released its unaudited financial results for the quarter ended June 30, 2026. The company also announced a recommended dividend and provided details regarding an ongoing share acquisition.The Board of Directors reviewed the results alongside the Independent Auditor's Limited Review Report on Unaudited Quarterly Financial Results.Q1 FY27 Performance Snapshot The financial performance for the quarter ending June 30, 2026, showed specific figures across various metrics. The company continues its engagement in manufacturing and trading of pharmaceutical products to customers in India and overseas.Key financial data...