Markets

Coforge Reports Q1 FY27 Results: Revenue Jumps 33.3% YoY as Profitability Accelerates Coforge Limited has reported strong financial results for the first quarter of fiscal year 2027 (Q1 FY27), demonstrating significant revenue growth and material improvements in profitability. The company announced a robust consolidated profit and loss statement, driven by high-growth areas and strategic execution across its service lines.In Q1 FY27, Coforge recorded total revenue of $592.2 million, marking a 33.3% year-on-year (YoY) increase and a 21.1% quarter-on-quarter (QoQ) rise. The company achieved an EBIT margin of 16.0%, which is ahead of the FY27 guidance, while the organic EBIT margin stood at 16.7%.Profitability metrics showed...

STL Networks Reports Q2 Results, Announces Management Changes, and Sets AGM Date STL Networks Limited provided updates on its financial standing, key management changes, and governance structure following a Board Meeting held on July 28, 2026. The company disclosed unaudited consolidated and standalone financial results for the quarter ended June 30, 2026, confirmed continued utilization of funds raised through various instruments, and announced the details for its upcoming Annual General Meeting (AGM).The Board meeting concluded with a discussion covering several key corporate matters, including the status of existing debt obligations, staff re-designations, and appointments.Financial Performance and Review The unaudited...

HLV Limited Announces Unaudited Q1 Results and Fixes 45th Annual General Meeting Details HLV Limited, during a Board of Directors meeting held on July 28, 2026, approved the unaudited financial results for the first quarter ended June 30, 2026. The company also finalized key operational dates and appointed a scrutinizer for its upcoming general assembly.The board decision included the approval of the notice convening the 45th Annual General Meeting (AGM). This AGM is scheduled to take place on Thursday, August 27, 2026, at 11:30 A.M., conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM), and will be held at the Registered Office of the Company.AGM Schedule and Appointment Details The Board meeting also confirmed...

Sheel Biotech Secures Rs 21.39 Crore Contract for Precision Farming Centres in Jammu & Kashmir Sheel Biotech Limited has secured a significant contract from the Jammu & Kashmir Agro Industries Development Corporation Limited (JKAIDCL). The company was granted a Letter of Allotment (LOA) to establish five Centres of Excellence (COE) for Precision Farming on a turnkey basis.The agreement with JKAIDCL covers the establishment of these centers across five districts within the Union Territory of Jammu & Kashmir, India. The contract price assigned to Sheel Biotech Limited for this undertaking is Rs 21.39 Crore.These developments are identified by the company as part of its strategic growth initiatives and are expected to strengthen Sheel...

Orient Bell Limited Announces Cessation of Mr. Sameer Kamboj as Non-Executive Independent Director Orient Bell Limited has confirmed that Mr. Sameer Kamboj has ceased to be a director of the company following the completion of his tenure as a Non-Executive Independent Director.The cessation occurred on July 26, 2026. The company stated that this move was consequent to the completion of his second and final term, which spanned five consecutive years in the role.Orient Bell Limited’s Board of Directors acknowledged and appreciated the contribution and guidance provided by Mr. Sameer Kamboj throughout his tenure with the company.The details regarding the cessation of Mr. Sameer Kamboj from Orient Bell Limited are summarized as...

Fairchem Organics Reports Q1 Results; TGB Banquets Announces Financial Outcomes Fairchem Organics Limited and TGB Banquets and Hotels Limited have released their unaudited financial results for the quarter ended June 30, 2026. The company’s earnings metrics show steady growth in various operational areas across the reported periods.Fairchem Organics Extends Financial Performance Fairchem Organics Limited announced its unaudited financial results for the Quarter Ended June 30, 2026. These results were approved by the Board of Directors at a meeting held on July 27, 2026. The results reflect the company's operational performance across multiple reporting periods.Key financial metrics from the unaudited report are detailed below...

Supreme Industries Reports Strong EBITDA Growth in Q1 FY27 Amid Shifts in Sales Volume Supreme Industries Limited has reported key financial highlights for the first quarter of Fiscal Year 2026-27, demonstrating significant growth in profitability metrics while maintaining a debt-free status and robust liquidity. The company attributes its strong operational performance to increased efficiency and cost management.The financial results showcase Q1 FY27 profitability growing sharply, even as volume-based sales declined year-on-year.Financial Performance Snapshot (Q1 FY27) Supreme Industries reported that the company is debt free and holds a Cash Surplus of Rs. 542 Crores as at June 30, 2026.The summarized income statement highlights...

Dilip Buildcon Limited Declared L-1 Bidder for ₹2,524.32 Crore Canal Project in Chhattisgarh Dilip Buildcon Limited has been awarded the bid to construct a major canal project under the Pairy Project Scheme in Chhattisgarh. The company was declared the L-1 bidder for the construction of the Sikasar to Kodar Reservoir Link Canal (Pipeline) by the Water Resources Department of the Government of Chhattisgarh.The contract, which is described as a General Contract (L1), involves the Construction of Sikasar to Kodar Reservoir Link Canal (Pipeline). This includes testing, trials and run, commissioning, and operation and Maintenance of the complete system for five years following the completion of the construction work.The total project...

H.G. Infra Engineering Limited confirms subsidiary status change following Registrar of Companies approvalH.G. Infra Engineering Limited has announced that its wholly owned subsidiary, H.G. Bhilwara Solar Project Private Limited, has been officially struck off by the Registrar of Companies (ROC), Jaipur, under Section 248 of the Companies Act, 2013.The Company received notification from the Ministry of Corporate Affairs on July 28, 2026, confirming that E-form STK -2 for H.G. Bhilwara Solar Project Private Limited had achieved 'Approved' status. Consequently, as of this date, the entity is no longer recognized as a wholly owned subsidiary of H.G. Infra Engineering Limited.This corporate action follows earlier announcements made by...

Supreme Industries Reports Q1 FY27 Results; Highlights Growth in Operating Profit and Expanding Business Segments Supreme Industries Limited, a leading plastics product manufacturer in India, announced its unaudited Standalone and Consolidated financial results for the Quarter ending June 30, 2026. The company reported growth across several key segments while addressing industry volatility in polymer prices.The company’s overall turnover of value added products increased to Rs. 1142 crores during the current quarter, compared to Rs. 933 crores in the corresponding quarter of the previous year, achieving a growth rate of 22%.Financial Performance Overview Standalone and Consolidated results show variations across the two quarters...

Blue Water Logistics Reports Substantial Growth with Revenue Reaching ₹386 Cr by FY26 Blue Water Logistics Limited, an established provider of end-to-end logistics and supply chain solutions, demonstrated significant operational scale and revenue acceleration in its recent fiscal years. The company, which transitioned from a private to a public entity in 2025, specializes in freight forwarding, customs clearance, multimodal transportation, ocean, air, surface, and rail freight.Headquartered in Hyderabad, Blue Water Logistics operates through fifteen branch offices across various key markets, including Chennai, Delhi, Jaipur, Mumbai, Ahmedabad, Bengaluru, Dubai, and other locations. The company functions as a licensed Multimodal...

Sundaram Clayton reports strong Q1 revenue growth amid industry pressures Chennai, July 28, 2026: Sundaram Clayton Limited (SCL) announced a significant rise in standalone revenue for the quarter ending Q1 FY 2026-27. The company recorded an increase of 19% in revenue, managing to grow its business despite increased operating costs and global uncertainties.For Q1 FY 2026-27, SCL's standalone revenue reached Rs 524.2 Cr, compared to Rs 442.1 Cr reported in the same period of FY 2025-26. While revenue saw an increase, the EBITDA for the quarter stood at Rs 66.5 Cr (a margin of 12.7%), a decline from the Rs 70.6 Cr (16.0%) recorded during Q1 2025-26. The reduction in EBITDA was attributed to increases in input costs, specifically those...

A-1 Ltd Reports Unaudited Quarterly Results: Standalone and Consolidated Income Released for Quarter Ended June 30, 2026 A-1 Ltd, formerly known as A-i Acid Limited, has announced its unaudited financial results for the quarter ended June 30, 2026. The company released both standalone and consolidated figures, which were reviewed by the Statutory Auditors and approved by the Board of Directors on July 28, 2026.The Q1 performance highlights show a steady revenue base across the company's primary business segments, Acids and Chemicals, and Sports Equipments.Standalone Financial Performance (A-1 Ltd) For A-1 Limited during the quarter ending June 30, 2026, total income stood at INR 17,513.13 Lakhs. The company reported Total Expenses...

Varun Beverages Announces Second Interim Dividend of ₹0.50 Per Share; Releases Unaudited Results Varun Beverages Limited has approved significant corporate actions following its Board meeting, announcing the second interim dividend and releasing unaudited financial results for the half-year ending June 30, 2026.The company determined that shareholders will receive a second interim dividend of ₹0.50 (Fifty Paisa only) per equity share for the Financial Year 2026. This declaration is based on the total issued, subscribed, and paid-up capital of 338,24,64,894 equity shares, each having a nominal value of ₹2/- (Rupees Two only).The Record Date for determining entitlement to receive the interim dividend has been fixed as Saturday, August...

Supreme Industries Approves Q1 2026 Unaudited Results; Total Income Reaches 2,726.79 Crores Supreme Industries Limited has announced its unaudited financial results for the first quarter ended June 30, 2026. The company's Board of Directors approved the Consolidated and Standalone results, which indicate robust performance across various segments.In the consolidated view, Supreme Industries reported a Total Income of 2,726.79 Crores for the quarter. The Group recorded total expenses of 2,446.20 Crores, leading to a Profit After Tax of 280.72 Crores. For the standalone company, which also saw a revenue from operations of 2,717.66 Crores, Total Income stood at 2,726.79 Crores and Profit After Tax was recorded at 207.76 Crores.The...

Axis Launches New CRISIL-IBX Debt Index Fund Targeting Stability in Short-Term Corporate Bonds Axis Mutual Fund has introduced the Axis CRISIL-IBX Financial Services 9-12 Months Debt Index Fund. This new product is designed as an open-ended Constant Maturity Index Fund, offering investors a focused exposure to short-to-medium term credit instruments. The scheme aims to mirror the total returns of the underlying benchmark before expenses, positioning it for investors seeking income from shorter-term maturity debt products.The fund’s structure provides a relatively low interest rate risk and low credit risk profile, suitable for debt-conscious portfolios. Investors looking for stable returns in the fixed income segment can find this...

Varun Beverages Reports Q2 and H1 Financial Results; Extends PepsiCo Agreement, Announces Strategic Acquisitions Gurgaon, July 28, 2026: Varun Beverages Limited (VBL), a key player in the beverage industry, announced its financial results for the second quarter and half year ended June 30, 2026. The company also detailed several major strategic agreements and expansions, including an extended bottling appointment with PepsiCo and the entry into a franchise partnership with Asahi Group Holdings.VBL reported solid growth across its markets in Q2 CY2026. Net revenue from operations grew by 20.4% year-on-year (YoY) to Rs. 84,512.3 million. EBITDA increased by 17.2% YoY reaching Rs. 23,430.4 million, while Profit After Tax (PAT) rose by...

TTK Prestige Limited Releases Unaudited Financial Results for First Quarter of Fiscal Year 2026-27 TTK Prestige Limited released its un-audited financial results and a Limited Review Report for the first quarter ended June 30, 2026. The Board of Directors approved these statements during a meeting held on July 28, 2026. The company reports its performance across both standalone and consolidated segments for the period.The Un-audited Statement of Financial Results for the Quarter Ended 30th June 2026 reflects key operational metrics for TTK Prestige Limited. The results were reviewed by M/s PKF Sridhar & Santhanam LLP, Chartered Accountants.Key financial data from the statement for the quarter ended June 30, 2026, is presented in...

FIIs Surge into Select Stocks: Vedanta's Sterlite Tech Hits Stellar Rally as AI Data Centre Boom Fuels 400% Gains While foreign investors have pulled approximately $20 billion from the Indian market in FY26, the selling trend has been neither uniform nor indiscriminate. Instead, overseas institutional players are becoming significantly more selective, placing their capital strategically into high-growth value pockets. Among these favored stocks, Vedanta-backed Sterlite Technologies (STL) has emerged as a prime beneficiary of this focused foreign interest, underpinning its phenomenal market performance.The optical fibre maker has witnessed a remarkable ascent in 2026, skyrocketing by 415%. This rally is strongly supported by growing...

Apollo Micro Systems Awarded Make-II Sanction Order from Indian Air Force for Indigenous Smart Bomb ProjectApollo Micro Systems Limited (AMS) has been awarded a Make-II Prototype Sanction Order (PSO) by the Indian Air Force. This award recognizes the company's established capabilities in developing indigenous Guidance and Navigation Kits, marking AMS’s entry into India’s high-value Precision Guided Munition (PGM) segment.The project involves the design, development, and prototype demonstration of a 500 Kg Smart Bomb. The weapon system is designed to be released from over 80 to 100 kilometres away while still achieving landing accuracy within 3 metres of the intended target, falling under the Make-II category.This initiative...