Markets

Adani Ports reports strong Q1 FY27 results; International Ports EBITDA surges 256% Adani Ports and Special Economic Zone Limited (APSEZ), a leading Integrated Transport Operator, announced its unaudited financial results for the first quarter of fiscal year 2027 (Q1 FY27) ended June 30, 2026. The company reported consolidated revenue reaching ₹ 10,821 Cr, marking a 19% increase year-on-year (YoY).The results showcased diversified strength across APSEZ's business segments, with the International Ports segment achieving particularly robust growth.Q1 FY27 Consolidated Financial Performance Consolidated profitability remained strong, underpinned by superior margins in domestic operations and massive scale expansion in international...

Craftsman Automation Limited Reports Strong Q1 Results as it Approves New Plant Proposal in Tamil Nadu Craftsman Automation Limited announced several key outcomes from its Board meeting held on July 29, 2026, including the approval of consolidated financial results for the quarter ending June 30, 2026, a proposal for a new manufacturing facility, and the appointment of a senior management professional.The company's performance in Q1 FY27 saw strong top-line growth. The Consolidated Financial Results for the quarter reflected total income of ₹8,13,063 Lakhs, up from previous periods. Total revenue stood at ₹8,06,927 Lakhs. For this period, the profit attributable to owners amounted to ₹38,399 Lakhs, translating to an Earnings Per Share...

Dhanlaxmi Bank Reports Q4 Unaudited Results for June 30, 2026; Net Profit Stands at 2,491 Lakh Dhanlaxmi Bank Limited announced its unaudited financial results for the quarter ending June 30, 2026. The bank reported a net profit of 2,491 lakh in the quarter, with Total Income reaching 48,425 lakh.The results were subjected to a limited review by M/s Sagar & Associates and M/s Abraham & Jose Chartered Accountants, who issued an unmodified report on the unaudited financial statements.Financial Performance Highlights (Q4 FY26) For the quarter ended June 30, 2026, Dhanlaxmi Bank recorded a Total Income of 48,425 lakh. The bank's interest expended stood at 27,174 lakh. Operating expenses for the period were reported at 16,106 lakh.The...

Sukhjit Starch Reports Growth in Q1 FY27 Amid Stable Raw Material Prices Sukhjit Starch & Chemicals Ltd., an agroprocessing company specializing in starch and its derivatives since 1943, announced its unaudited financial results for the quarter ending June 30, 2026. The company registered a YoY growth in revenue from operations while showing significant increases across profitability metrics.The company’s performance in Q1 FY27 was characterized by strong demand across various end-user industries and stable raw material prices, as stated by Mr. K.K. Sardana, Managing Director. Focused cost optimization initiatives helped the company achieve stronger operating leverage and improved profitability during the quarter.Key financial...

Sukhjit Starch & Chemicals Releases Q1 Financial Results for Quarter Ended June 30, 2026 Sukhjit Starch & Chemicals Limited announced its Unaudited Financial Results for the quarter ended June 30, 2026. The company presented both standalone and consolidated results, detailing performance across its various business segments.The Unaudited Financial Results were approved by the Board of Directors in their meeting held on July 29, 2026. These results have been prepared in accordance with Indian Accounting Standards (Ind AS).Key Financial Outcomes Based on the provided data, the financial performance highlights for both the standalone and consolidated entities are summarized below:MetricStandalone Results (Q1 FY27)Consolidated...

Indo-National Acquires Stake in Aidin Technologies, Boosting Presence in Defence and Aerospace Sector Indo-National Limited has acquired a 31.82% stake in Aidin Technologies Private Limited for an aggregate consideration of Rs. 34,99,92,034. The acquisition aims to diversify Indo-National’s business portfolio by establishing a presence in the rapidly growing Defence and Aerospace space.The transaction involved the subscription of 9,920 fully paid-up Series A CCPS and 12,202 partly paid-up Series A1 CCPS of Aidin Technologies Private Limited. The consideration for the acquisition was entirely in cash. Tranche 1 of the acquisition was completed on July 29, 2026, with the remaining Tranche 2 expected to be completed on or before July 28...

Macpower CNC Machines Approves Unaudited Financial Results for Quarter Ended June 30, 2026; Appoints Scrutinizer Macpower CNC Machines Limited has approved its unaudited financial results and prepared the Board's report for the financial year ended March 31, 2026. The company also addressed critical planning aspects ahead of its upcoming Annual General Meeting (AGM).During a meeting held on July 29, 2026, the Board of Directors took several key decisions concerning the company's operations and governance.Board Meeting OutcomesKey outcomes from the board meeting include:Approval of the unaudited financial results and Limited Review Report for the quarter ending June 30, 2025. (Note: The table indicates this date as 30.06.2026, so...

Sampann Utpadan India Limited Approves Q1 Financial Results for June 30, 2026; Highlights Segment Performance Sampann Utpadan India Limited, formerly known as S. E. Power Limited, has reported and approved its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors held a meeting on July 29, 2026, to approve the standalone and consolidated financial statements, which include various operational and financial performance indicators across the company's divisions.The company's primary business segments are the Non-Conventional Energy Division and the Reclaimed Rubber Division. During the reporting period, management confirmed that the group sold five Wind Mills from its Non-Conventional Energy Division...

State Bank of India Raises ₹4,691 Crore in Basel III Compliant Additional Tier 1 Bond IssuanceState Bank of India (SBI), one of the country's largest lenders, successfully raised a significant amount through its first Basel III compliant Additional Tier 1 bond issuance for the current financial year. The bank accepted an issue size of ₹4,691 crore at a coupon rate of 7.75%.The bonds are structured as perpetual instruments with a call option available after five years and on each subsequent anniversary date. These long-term securities carry an AA+ rating with a stable outlook, provided by both CRISIL Ratings Limited and CARE Ratings Limited.This issuance is described as a critical step for the bank to diversify its capital base and...

Innomet Advanced Materials Secures Purchase Order Worth Rs 91 Lakhs from Federal-Mogul Goetze Innomet Advanced Materials Limited has secured a domestic purchase order from FEDERAL-MOGUL GOETZE (INDIA) LTD. The order, received on July 28, 2026, is valued at Rs 91,18,627/- and relates to the supply of Copper -Infiltrant IPL96.The transaction details indicate that Innomet Advanced Materials Limited has been awarded this purchase order by Federal-Mogul Goetze (India) Ltd., a domestic entity and an Indian listed company. The company confirmed that the deal falls within its ordinary course of business and does not involve related party transactions.The key terms and considerations associated with the Purchase Order are summarized below...

Refex Industries Releases Q1 Results; Board Approves Management Changes amid Segment Restructuring Refex Industries Limited released its unaudited financial results for the first quarter ending June 30, 2026. The board reviewed and approved both the standalone and consolidated results of the company. These results reflect a strategic shift as the company classifies power trading and refrigerant gas segments as discontinued operations.The Board of Directors held a meeting on Wednesday, July 29, 2026, where it considered the unaudited financial statements along with the limited review reports issued by statutory auditors.Operational Restructuring and Management UpdatesIn line with organizational realignment subsequent to the...

Devyani International Reports Strong Q1 FY27 Results, Reaching Highest Ever EBITDA of INR 255 Crores Gurugram, July 29, 2026: Devyani International Limited (DIL), a prominent global Quick Service Restaurant (QSR) operator, has announced its financial results for the quarter ended June 30, 2026. The company reported robust performance, achieving its highest ever quarterly EBITDA and noting significant growth across its portfolio.The consolidated revenues for Q1 FY27 reached Rs. 15,805 million, marking a 16.5% year-over-year increase. Profitability saw marked improvement, with the business posting its highest ever EBITDA of INR 255 crores, translating to a 16.1% margin expansion. The company also recorded a Profit after Tax amounting to...

European Markets Surge as Mining and Energy Stocks Drive Rally Amid Global Tensions European equities showed resilience on Wednesday, with gains led by commodity-linked mining and energy stocks. The pan-European STOXX 600 index rose 0.35% to 648.54 points by 0704 GMT. This rally underscores how global resource strength is influencing market sentiment across the continent.Commodity Strength Boosts Mining and Energy Sectors Mining stocks experienced a strong upward move, advancing 1.5%. A key contributor was Glencore, which climbed 4% following its half-year report. The company reported a 15% increase in first-half copper production, attributed to improved grades at crucial operations.Energy shares also performed robustly, gaining...

Vinati Organics Releases Q1 Results: Details of Standalone and Consolidated Financial Performance Vinati Organics Limited has announced its Unaudited Financial Results for the quarter ended June 30, 2026. The results cover both standalone and consolidated figures, reflecting the performance of the company and its group entities in the chemical manufacturing sector.The Board of Directors reviewed and approved the unaudited financial statements, which were certified by the Statutory Auditors of the Company. The Group's operations are primarily focused on the manufacturing of chemicals, constituting a single primary segment in the context of operating segments.Unaudited Standalone Financial Results For the quarter ended June 30, 2026...

Major Jewellery Brands Maintain Gold Rates: Check 22K Price Trends Across Tanishq, Malabar and IBJA Gold rates remained largely steady across major jewellery retailers on Wednesday, July 29, 2026. Most leading brands have maintained their pricing from the previous day, indicating a stable trend in the market for gold buyers. Consumers planning to make purchases are advised to cross-reference prices among Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers.Current 22K Gold Rates at Premier Retailers Tanishq has set the rate for 22k gold jewellery at ₹13,260 per gram across its major cities including New Delhi, Mumbai, Chennai, Kolkata, and Bengaluru. This price point is consistent with the rate recorded on July 28, 2026...

Vidhi Specialty Food Ingredients Limited Approves Un-audited Financial Results for Quarter Ending June 30, 2026 Vidhi Specialty Food Ingredients Limited has released its un-audited financial results for the quarter ended June 30, 2026, and announced details regarding its upcoming Annual General Meeting. The company's Board of Directors considered and approved these interim results, along with the Limited Review Report, during a meeting held on July 29, 2026.Key outcomes from the Board meeting included:Approval of the Un-audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. Taking on record the Limited Review Report for the first quarter ended June 30, 2026. Convening the 33rd Annual General...

Bitcoin Slips Near $63K Amid Chip Sell-Offs and Fed Uncertainty, Triggering Massive Liquidations Bitcoin faced renewed pressure on Wednesday, consolidating around the $63,700 level after a sharp correction. The cryptocurrency was trading at $63,973, having briefly fallen to a 10-day low near $63,000. This short-term weakness was driven by a combination of falling investor sentiment, massive liquidations, and growing concerns surrounding the Federal Reserve's interest rate outlook.Triggers Behind Crypto Correction The crypto market downturn was significantly influenced by broader macroeconomic cues spilling over into digital assets. A sharp sell-off observed in Asian semiconductor stocks contributed to the downward pressure on Wall...

Meghmani Organics Reports Q1 Results; Announces New Compliance Officer and Strategic Amalgamation Plan Meghmani Organics Limited reported its unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. The company also announced key appointments, including a new Company Secretary and Compliance Officer, following a Board meeting held on July 29, 2026.The company approved the interim financial results, which were reviewed by the Audit Committee and the Board of Directors.Operational and Management Updates Board of Directors approved the appointment of Mr. Naresh Prajapati as the Company Secretary and Compliance Officer. This designation was made following a recommendation from the Nomination and...

Shree Balaji Mala Stock Surges 90% on Listing Day After IPO Frenzy, Hits Circuit Breaker Due to Profit Booking The SME market witnessed a significant performance surge for Shree Balaji (Mala) Textiles today as shares were listed at a powerful premium. The stock opened trading at Rs 133, marking a sharp jump over its issue price of Rs 70. This impressive movement underscored the high investor appetite for the textile company’s listing on the BSE SME platform.However, immediate profit booking drove heavy selling pressure later in the session. The stock subsequently declined from its opening highs down to Rs 126.35, triggering a 5 percent lower circuit limit. This volatility highlights the rapid reaction of the market to the initial...

V-Guard Industries Announces Board Outcomes and Approves Q3 Financial Results; Appoints New Chairperson V-Guard Industries Limited announced key outcomes of its Board meeting held on July 29, 2026, approving the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also detailed personnel changes, including the appointment of a new Chairperson of the Board.The Directors reviewed and approved the Un-Audited Standalone & Consolidated Financial Results of the Company for the quarter ending June 30, 2026. These results include data from previous quarters (Q1/Q2 FY26) and full financial year results for March 31, 2026.Key Governance Changes and Equity Allotment The Board meeting...