Markets

Oil Plunges 5% Amid Easing Tensions in US-Iran Conflict Crude oil futures fell sharply on Tuesday after traders interpreted developments across the Middle East, leading to a cautious assessment regarding instability near the Strait of Hormuz. Brent futures dropped $4.61, or 5.2%, trading at $83.75 a barrel at 12:01 p.m. EDT (1601 GMT). U.S. West Texas Intermediate (WTI) crude saw a decline of $4.06, or 4.9%, settling at $78.55.This movement follows a period where both major benchmarks were trending downwards after dropping approximately 17% over three consecutive days. Both oil grades were on track for their lowest closes since July 13.Geopolitical Shifts and Middle East Stability Efforts The market reacted to reports suggesting...

Century Enka Limited Announces 60th Annual General Meeting and Financial Schedule Century Enka Limited has announced the schedule for its 60th Annual General Meeting (AGM) and provided key details regarding the dividend payment and related timelines for the financial year 2025-26.The AGM is scheduled to be held on Thursday, August 20, 2026, at 2:30 P.M. (IST). The meeting will be conducted through Video Conferencing (VC) facility or Other Audio Visual Means (OAVM).In addition to the AGM details, Century Enka Limited released important dates concerning the dividend payment and book closure for shareholders. The company set the Record Date for Dividend Payment as Thursday, August 13, 2026. Book Closure is mandated for a period...

MV Electrosystems IPO Set to Surge as Railway Tech Giant Unveils ₹400-₹425 Price Band for Massive Expansion MV Electrosystems Limited has officially announced the details for its Initial Public Offering (IPO), positioning itself at the forefront of India's growing railway electrification and indigenous manufacturing movement. The company, a specialist in advanced electrical and power electronics systems for the rail sector, has set the price band for its equity shares at Rs 400 to Rs 425 per share, with the public subscription opening on July 30, 2026.The IPO is designed entirely as a fresh issue of equity shares, aggregating up to Rs 2,900 million. The company plans to utilize these proceeds primarily to strengthen its growth...

IPO Pipeline Surges as Equirus Highlights Resilience Amid Domestic Investor Strength India’s equity capital markets are building a solid foundation, supported by a robust pipeline of companies preparing to go public and consistent domestic investor participation, according to a report from Equirus Capital. The company noted that Indian equities demonstrate significant resilience even amidst global uncertainties.The latest Equity Capital Markets Tracker released by Equirus confirms this momentum. A total of 245 companies have filed their draft red herring prospectus (DRHP) with the market regulator. Of these filings, 175 firms have already received observations from regulatory bodies.Market Resilience and IPO Pipeline Dynamics...

Vinit Mobile Reports Financial Results; Announces Completion of IPO Vinit Mobile Limited, formerly Vinit Mobile Private Limited, has released its audited financial results for the half year ended March 31, 2026. The company reported a net profit of 23,386 lakh rupees for the period. Concurrently, the company announced that it successfully completed an initial public offering (IPO).The Board of Directors approved and took on record the audited financial results of the Company for the half year and the full financial year ended March 31, 2026. The complete set of financial documents, including the Statement of Assets and Liabilities, Cash Flow Statements, and Audit Reports, were made available.Financial Performance Summary The...

Restaurant Brands Asia Limited Reports on Business Responsibility and Sustainability for FY 2025-26 Restaurant Brands Asia Limited has released its comprehensive Business Responsibility and Sustainability Report (BRSR) for the financial year spanning April 1, 2025, to March 31, 2026. The report provides detailed insights into the company's operations, social impact initiatives, and commitment to environmental stewardship across India and internationally.Operational Footprint and Business Overview Restaurant Brands Asia Limited is a fast-growing Quick Service Restaurant (QSR) chain operating in both national and international markets. As of March 31, 2026, the company maintains a network comprising 581 restaurants nationally and six...

Max Estates Subsidiary Receives Show Cause Notice from Delhi Tax Department Over GST Dispute Max Estates Limited reported that its subsidiary, Pharmax Corporation Limited, has received a show cause notice related to a Goods and Services Tax (GST) dispute for financial year 2022-23. The matter concerns allegations of excess or ineligible input tax credit concerning the company's operations.The Department of Trade and Taxes, Government of NCT of Delhi, issued the show cause notice in relation to the dispute under Section 73 of the Central Goods and Services Tax Act, 2017, and the Delhi Goods and Services Tax Act, 2017. The proposed demand covers tax, interest, and penalty.The total amount proposed by the tax authorities aggregates to...

Career Point Edutech Secures Rs 17,60,50,000 Work Order from Government Institute in Maharashtra Career Point Edutech Limited has secured a significant contract valued at Rs 17,60,50,000/- (approximately ₹17.6 Crore) from the Mahatma Jyotiba Phule Research and Training Institute (MAHAJYOTI), an autonomous institute of the Government of Maharashtra. The work order was awarded on July 28, 2026.The contract involves providing comprehensive online coaching services for 12th grade students preparing for JEE, NEET, and CET examinations. This domestic opportunity positions Career Point Edutech as a key provider in education technology services sponsored by the institute.The scope of work is designed to support candidates from Other...

TruAlt Bioenergy Approves Q1 Financial Results; Revenue Reaches 64,140.79 Lakhs in Consolidated Standalone Filing TruAlt Bioenergy Limited has released its audited standalone and consolidated financial results for the quarter ended June 30, 2026, following approval by its Board of Directors on July 28, 2026. These results, which include a Limited Review Report, provide detailed insights into the company's performance across different periods and business segments.The Board of Directors approved the Financial Results along with the Limited Review Report issued by M/s N. M. Raiji & Co. The results are available on the company's website for public review.Consolidated Financial Performance Highlights The consolidated financial...

Happiest Minds Technologies Releases Earnings Call Audio for Quarter Ended June 30, 2026 Happiest Minds Technologies Limited has made available the audio recording of its Earnings Call concerning the financial results for the quarter ended June 30, 2026.The Earnings Call, which took place on Tuesday, July 28, 2026, provided detailed insights into the company’s performance during that period. Stakeholders can access the complete audio recording on the official Company website.The release of the earnings call material ensures transparency regarding the financial outcomes for Happiest Minds Technologies Limited.HAPPSTMNDS Stock Price Movement Happiest Minds Technologies Limited shares today slipped by 1.93% after markets closed...

RPG Life Sciences Reports Q2 FY26 Results: Standalone Profit Rises to 3,057 Lakhs; Consolidated Income Reaches 3,061 Lakhs RPG Life Sciences Limited has released its unaudited financial results for the quarter ended June 30, 2026. The company reported a profit of 3,057 lakh in its standalone results and consolidated income of 3,061 lakh across the group, reflecting operations primarily within the Pharmaceuticals segment.The Company’s Board of Directors unanimously approved these financial results at a meeting held on July 28, 2026. The results were reviewed by the Audit Committee.Standalone Financial Highlights (Q ended June 30, 2026) Standalone figures show that Revenue from Operations stood at 19,569 lakh for the quarter ending...

AGI Greenpac Delivers Strong Q1 FY27 Results; Revenue Rises 14% as Capacity Expansion Continues AGI Greenpac Limited, a leading packaging products manufacturer in India and one of the nation's most profitable glass packaging companies, reported robust financial results for the first quarter ended June 30, 2026. The company achieved significant top-line and bottom-line growth, driven by stable demand across key consumer sectors and disciplined operational execution.For the quarter, revenue from operations saw a 14% year-on-year increase, reaching ₹785 crore. Net profit also grew by 12% year-on-year, amounting to ₹99 crore. EBITDA excluding other income stood at ₹175 crore, marking a 23% increase over the corresponding period last year...

Mr. Mallikarjun Bhimappa Dyaberi Appointed Chairman of TruAlt Bioenergy Limited TruAlt Bioenergy Limited has announced the appointment of Mr. Mallikarjun Bhimappa Dyaberi as the Chairman of its Board. The appointment, effective from July 28, 2026, is for a period of one year.Mr. Dyaberi was previously serving on the board as an Independent Director. He will continue in his capacity as an Independent Director even after the conclusion of his term as Chairman, and this appointment does not constitute a second consecutive term.The appointment formalizes the change in leadership structure at TruAlt Bioenergy Limited. The company confirmed that there are no relationships between the directors concerning this appointment. Mr. Dyaberi...

Ramco Systems to Host 29th AGM Via VC; Ardee Industries Reports Share Transfer; High Energy Batteries Releases Quarterly Results Corporate and Financial Updates Ramco Systems Limited (RAMCOSYS) is preparing to hold its 29th Annual General Meeting (AGM) on August 20, 2026. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM). Shareholders whose email addresses were not registered as of July 17, 2026, are being provided with a web link and QR Code to access the Annual Report for FY 2025-26.Ardee Industries Limited announced a series of secondary share transfers on July 24, 2026, involving promoter selling shareholders Sandeep Aggarwal and Nikunj Aggarwal. A total of 10,849,350 Equity Shares...

DCG Cables & Wires Limited Board Approves Office Relocation; Addresses Fine Imposed by Stock ExchangeOn July 28, 2026, the Board of Directors of DCG Cables & Wires Limited convened and deliberated on several key corporate matters, including approving the shifting of its Registered Office and reviewing the fine levied by the National Stock Exchange (NSE) regarding non-compliance identified for the financial year ended March 31, 2026.The Board approved the relocation of the company’s Registered Office within the local limits of Gujarat. The shift is from the existing address at '12, Agrasen Industrial Estate, Chotalal ni Chali, Odhav Road, Ahmedabad, Gujarat - 382415' to the proposed address: 'Survey No. 741, Near Atul B ricks...

Consolidated Construction Consortium Reports Q2 Financials; Director V G Janarthanam Resigns Consolidated Construction Consortium Limited released its unaudited financial results for the quarter ended June 30, 2026. The company also announced the resignation of Mr. V G Janarthanam from the Board of Directors.The results, which include both standalone and consolidated figures, were reviewed by the Audit Committee and approved by the Board of Directors during a meeting held on July 28, 2026. A Limited Review Report was also issued by the Statutory Auditor M/s ASA & Associates, LLP, Chartered Accountants.Key Company Updates Director Resignation Mr. V G Janarthanam, a Non-Executive Non-Independent Director of the company, resigned from...

PTC India Financial Services Reports Q1 FY27 Results, Focusing on Infrastructure Lending and Risk Management PTC India Financial Services Limited (PFS) has announced its financial performance for the quarter ended June 30, 2026. The results show a focus on disciplined underwriting and commitment to infrastructure financing, despite the first quarter being described by management as relatively muted.In Q1 FY27, PFS recorded a Total Income of ₹ 103.31 crores and a Profit After Tax (PAT) of ₹ 40.24 crores. Loan disbursements during the quarter stood at ₹ 117.25 crores.The financial metrics for Q1 FY27 against the corresponding period in Q1 FY26 are detailed below:MetricQ1 FY27Q1 FY26Total Income₹ 103.31 crores₹ 142.24 crores...

V.S.T Tillers Tractors Limited Announces Retirement of Independent Director Mrs. Siva Kameswari VissaV.S.T. Tillers Tractors Limited has announced that Mrs. Siva Kameswari Vissa, an Independent Director, has retired from the Board of Directors. The transition concludes her second consecutive term as an Independent Director, effective 28th July 2026. As a result of this retirement, she has also ceased to be a Member of the Company's Audit Committee.The company expressed its sincere appreciation for the guidance, support, and contributions provided by Mrs. Siva Kameswari Vissa throughout her tenure as an Independent Director.Details regarding the change in directorship are as follows:ParticularsDetailsReason for...

Tanla Platforms Limited Acquires 100% Stake in ValueFirst Middle East FZC for AED 58.25 Million Tanla Platforms Limited has approved the acquisition of ValueFirst Middle East FZC (VF FZC), a company specializing in CPaaS services, through its subsidiary Karix Mobile FZ LLC. The Board of Directors of Tanla Platforms Limited approved the Share Purchase Agreement on July 28, 2026.The transaction involves Karix Mobile FZ LLC acquiring 100% of the paid-up share capital of VF FZC from existing shareholders. Upon completion of the proposed acquisition, VF FZC and its associated subsidiaries will become indirect subsidiaries of Tanla Platforms Limited (collectively referred to as 'VFZ Subsidiaries').The strategic objective of the...

RPG Life Sciences Reports Strong Q1 FY27 Results; Revenue Rises 15.8% as EBITDA Margin Expands RPG Life Sciences Limited announced its financial results for the quarter ended June 30, 2026, reporting robust growth and improved profitability across its various segments. The company noted that its domestic formulations business outperformed the broader Indian pharmaceutical market, contributing to its recognition within the Top 50 Indian pharma companies list in June 2026.The company commenced FY27 with significant gains, driven by disciplined operations and strategic initiatives. Revenue from Operations increased 15.8% year-on-year (YoY), while EBITDA grew 17.9%. The improved operating efficiency was reflected in the EBITDA margin...