Markets

Shyam Metalics and Energy Commissions 8.90 MWp Solar Power Project in Jamuria, Expanding Renewable PortfolioKolkata: Shyam Sel and Power Limited, a wholly owned subsidiary of Shyam Metalics and Energy Limited, has successfully commissioned an 8.90 MWp Solar Power Project at its manufacturing facility in Jamuria, West Bengal. This milestone represents a significant stride in the group's commitment to transitioning toward greener energy sources and reducing its environmental footprint across operational facilities.The commissioning enhances the company’s renewable energy portfolio by combining both capital expenditure (CAPEX) and operating expenditure (OPEX) models for power generation. The primary objective of the project is captive...

BikeWo Signs MoU to Acquire 51% Stake in Ignitium Services, Boosting Mobility Platform's Energy Capabilities BikeWo Green Tech Limited has signed a Memorandum of Understanding (MoU) to acquire a 51% equity stake in Ignitium Services Private Limited. Ignitium is an energy solutions company specializing in fuel delivery and energy management services for industrial customers. The proposed transaction represents a strategic move aimed at strengthening BikeWo's capabilities across its integrated mobility platform.The acquisition targets the expansion of BikeWo into the crucial energy layer that powers commercial transportation and industrial operations. Ignitium currently serves industrial clients through its established business in fuel...

Tilaknagar Industries Announces Key Appointments and Releases Quarterly Financial Results for June 30, 2026 Tilaknagar Industries Limited has announced several key corporate developments following its Board meeting held on July 27, 2026. The company approved the unaudited financial results (Consolidated and Standalone) for the quarter ended June 30, 2026, and appointed Ms. Bhumika Batra as an Additional Independent Director (AID).Board Meeting Outcomes and New Appointment The Board meeting reviewed and approved the consolidated and standalone unaudited financial results for the period ending June 30, 2026.The Board also considered and approved the appointment of Ms. Bhumika Batra (DIN: 03502004) as an Additional Independent...

Balaji Amines Reports Strong Q1FY27 Results; Highlights Commissioning of India's First Commercial-Scale DME Plant Solapur, July 27, 2026: Balaji Amines Limited, a leading manufacturer specializing in Aliphatic Amines and Specialty Chemicals in India, announced its unaudited financial results for the quarter ended June 30, 2026. The company reported consolidated revenue of ₹461 crore, EBITDA of ₹121 crore, and net profit of ₹78 crore for Q1FY27.The performance highlights were driven by stable operations and strategic project execution across the company's diverse portfolio, which includes Methyl Amines, Ethyl Amines, Derivatives of Amines, and various Specialty Chemicals.Key Financial Performance (₹ Cr.) The financial results...

Apple Surges Past Nvidia as Tech Scrutiny Drives Chipmaker Decline and SpaceX Plummets Apple Reclaims Global Market Cap Crown Apple has successfully regained the title of the world's most valuable publicly traded company. A modest 1 percent rise in its shares lifted the iPhone maker's market capitalization to approximately $4.95 trillion on Monday. This move ended a fiercely contested period between tech giants, with Apple now positioning itself ahead of Nvidia.Nvidia shares experienced a significant decline during the trading session, dropping 4.99 percent. This fall reduced the AI chipmaker's valuation to roughly $4.77 trillion. The reversal in fortunes for Nvidia narrows what had been an intense competition between the two industry...

Gallantt Ispat Limited Announces CFO Appointment Amid Auditor Transition and Releases Quarterly Results Gallantt Ispat Limited has approved the appointment of Mr. Amit Jalan as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The company also confirmed the resignation of M/s Maroti & Associates as Statutory Auditors and appointed M/s Singhi & Co. to fill the resulting vacancy.The Board of Directors, during a meeting held on July 27, 2026, approved several key business outcomes including the unaudited financial results for the quarter ending June 30, 2026.Financial Performance Snapshot The company released its standalone unaudited financial results for the quarter ended June 30, 2026. These results were reviewed by...

W S Industries Secures Role as Developer for Senior Living Project in Chennai W S Industries (India) Limited has agreed to enter into a Binding Tripartite Term Sheet to undertake the development of a senior living residential project located at Poonamalee, Outer Ring Road (ORR), Chennai, Tamil Nadu. The project involves collaboration with SIXP Realty Private Limited, who serves as the Landowner, and Bharathi & Associates Asset Building Private Limited, designated as the Marketing Co-Developer.The agreement outlines the terms for W S Industries to act as the Developer, responsible for the end-to-end execution of the project.Project Scope and Commercial Terms The development is planned across approximately 4.00 acres of land in...

Zee Media Corporation Completes Receipt of Consideration for Warrant Conversion Allotment Zee Media Corporation Limited has received the consideration for the allotment of equity shares following the conversion of warrants by Foreign Portfolio Investors (FPIs). The transaction involved the issuance and subsequent conversion of 3,00,00,000 warrants into Equity Shares.The company reports that it received the initial 25% upfront payment amounting to Rs 6,37,50,000 on or before June 25, 2026, against the allotment of 3,00,00,000 warrants. The subsequent balance 75% allotment monies, totaling Rs 19,12,50,000, were received from the respective Allottee's bank account on June 30, 2026, for the allocation of 3,00,00,000 Equity Shares.An...

Asian Paints’ ESG Score Improves Following Assessment by SES ResearchAsian Paints Limited has received an increased rating in its Environmental, Social, and Governance (ESG) standing following a recent assessment conducted by SES ESG Research Pvt. Ltd., a SEBI registered Category - II ESG Rating Provider.The company's ESG score was independently assigned by SES as 76.8. This figure reflects an improvement compared to the previous rating of 74.1, which was assigned during the prior assessment year.According to the assessment provider, the ESG score was determined based on information available in the public domain and was conducted without any direct engagement from Asian Paints Limited for the scoring process.The communication...

Maral Overseas Limited Announces Dates for 37th Annual General Meeting and E-Voting Schedule Maral Overseas Limited has announced the schedule and parameters for its 37th Annual General Meeting (AGM), set to be held in August 2026. The meeting, which is scheduled through Video Conferencing or other Audio Visual Means, will take place on Tuesday, August 25, 2026, at 2:00 p.m.The company has established specific timelines for members regarding the voting process. Tuesday, August 18, 2026, has been set as the Cut-Off Date for determining the eligibility of members to participate in remote e-voting or casting a vote during the Annual General Meeting.Members can avail remote e-voting services provided by National Securities Depository...

Torrent Pharmaceuticals Gains Listing and Trading Approval for Equity Shares from NSE and BSE Torrent Pharmaceuticals Limited has received Final Listing and Trading Approval for a significant tranche of equity shares, marking a key step in its ongoing corporate restructuring following the Scheme of Amalgamation involving J. B. Chemicals & Pharmaceuticals Limited.The company announced that it secured final approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited on July 27, 2026. This approval pertains to 4,19,22,416 fully paid-up Equity shares of Torrent Pharmaceuticals Limited, each valued at ₹ 5/-.These equity shares were issued and allotted in terms of the Scheme of Amalgamation between J. B...

Everest Industries Reports Strong Quarterly Performance, Consolidating Profit at Rs 10,209.34 Lakhs Everest Industries Limited announced its unaudited financial results for the quarter ended June 30, 2026, showing a healthy increase in profit across both consolidated and standalone operations. The company reported a total comprehensive income of Rs 10,295.72 lakhs for the quarter on a consolidated basis.The Consolidated Statement of Unaudited Financial Results reflected robust revenue generation, with Total Income reaching Rs 43,868.28 lakhs during the quarter ended June 30, 2026. The group managed expenses totaling Rs 40,720.84 lakhs. After accounting for exceptional items and tax, the company recorded a profit of Rs 10,209.34 lakhs...

JK Paper Reports Q1 Results: Consolidated Turnover Reaches Rs. 1,998.67 Cr as Profit After Tax Jumps by 63% JK Paper Limited (JKPL), one of India's major Paper and Packaging Solutions companies, announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a consolidated turnover of Rs. 1,998.67 Cr, marking a 13% increase. Profit after tax (PAT) saw a significant surge of 63%, reaching Rs. 136.27 Cr, while EBITDA stood at Rs. 320.90 Cr, up 18%.The results were highlighted by management, noting that despite the challenging state of the Paper and Board market, improved product mix and higher volumes contributed to a stronger performance during the quarter compared to the previous corresponding...

Wheels India Q1 Performance Highlights: Net Profit Rises to Rs 37 Crore as Revenue Grows 16.8% Chennai, July 27, 2026: Wheels India Limited has reported a strong first quarter for the fiscal year ending June 30, 2026, with its net profit increasing significantly. The company registered a net profit of Rs 37 Crore in Q1, up from Rs 26 Crore in the corresponding quarter of the previous year.Revenues for the quarter also saw robust growth, rising by 16.8% to reach Rs 1,386 Crore, compared to Rs 1,187 Crore recorded during the same period last year. Exports demonstrated particular strength, increasing by 17.3% to Rs 380 Crore from Rs 324 Crore in the previous financial year's first quarter.The consolidated performance metrics for Q1 are...

Mankind Pharma Completes Sale of 100% Stake in Broadway Hospitality Services Private Limited Mankind Pharma Limited announced that it has completed the execution of a Share Purchase Agreement regarding the sale of its entire stake in Broadway Hospitality Services Private Limited.The transaction was finalized on July 27, 2026. Mankind Pharma confirmed the divestment of its 100% stake in Broadway Hospitality Services Private Limited for a cash consideration totaling ₹ 49 Crore, subject to standard closing adjustments.MANKIND Stock Price Movement Mankind Pharma Limited stocks gained on Monday, climbing 2.03% to settle at ₹2551.6 as trading concluded for the session. The equity saw significant investor interest, with a total traded...

Aastha Spintex Reports Robust Financial Performance with FY2026 Results; Receives Unmodified Audit OpinionAastha Spintex Limited has reported its audited standalone financial results for the financial year ending March 31, 2026, showcasing sustained profitability and operational efficiency. The Company's Board of Directors approved these results, which demonstrate robust growth across key performance indicators. Furthermore, M/s S. N Shah & Associates issued an unmodified opinion on the financial statements for the period.The FY 2025-26 results highlight a strong period for Aastha Spintex Limited. The Company recorded Revenue from Operations of ₹352 Crore and achieved a Net Profit of ₹23.8 Crore, leading to an Earnings Per Share...

Emkay Global Financial Services Approves New Subsidiary for Wealth Management Vertical Emkay Global Financial Services Limited has taken a strategic operational step by approving the incorporation of a wholly owned subsidiary dedicated to housing its Wealth Management vertical. The decision was formalized during a Board meeting held on July 27, 2026.The Board evaluated and deliberated upon the new operational structure aimed at enhancing the company's focus and providing greater strategic flexibility across its wealth management segment. By establishing this subsidiary, Emkay Global aims to streamline operations within this key vertical of its business.The corporate approval of this new organizational structure marks a move by Emkay...

Supreme Petrochem Unveils Q1 Results and Plans Rs 325 Crore Expansion for Polystyrene Capacity Supreme Petrochem Limited (SPL) announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company also confirmed a significant expansion plan involving a new polystyrene production line at its Amdoshi Complex, set to boost overall capacity by 80,000 TPA.The Board of Directors held a meeting on July 27, 2026, where the financial results and strategic operational matters were reviewed and approved.Strategic Expansion Details As part of its growth strategy, Supreme Petrochem is developing a new polystyrene line at its Amdoshi Complex. This initiative requires an investment of Rs 325...

Supreme Holdings Secures Amended Commencement Certificate, Pushing Belmac Infinity Project from G+10 to G+13 Supreme Holdings & Hospitality (India) Limited has received an Amended Commencement Certificate (ACC) from the City and Industrial Development Corporation of Maharashtra (CIDCO), regarding its ongoing residential project "Belmac Infinity." This crucial approval permits the construction of three additional floors in the development, significantly revising the project's configuration.The certificate, dated June 9, 2026, was issued by CIDCO for the Navi Mumbai Airport Influence Notified Area (NAINA). The successful acquisition of this amended approval allows Supreme Holdings to elevate the scale of "Belmac Infinity," located in...

Om Infra Limited Secures Major Contract as Lowest Bidder for Chhattisgarh Water Resource Project Om Infra Limited has emerged as the Lowest Bidder (L1) for a significant water resource project in Chhattisgarh, securing a contract valued at ₹ 568.98 Crores. The company was identified as the L1 bidder based on data released by the Water Resources Department (WRD).The commercial infrastructure contract involves the Mohmela Sirpur Barrage Project and all associated works. These duties include establishing the pipe irrigation network, along with five years of operation and maintenance following the completion of construction work on Mahanadi River in Tahsil-Arang, Dist. Raipur, Chhattisgarh.This project represents a major opportunity for...