Markets

SMC Global Securities Limited Appoints New Compliance Officer as Existing Executive Resigns SMC Global Securities Limited has announced a change in its Compliance Officer following the resignation of Mr Raju Balodi. The appointment of the new officer, Mr Rahul Yadav, was made by the company's Board of Directors during a meeting held on July 26, 2026.Mr Rahul Yadav has been appointed as the Compliance Officer for SMC Global Securities Limited. This appointment comes following the resignation of Mr Raju Balodi, which took effect from the close of business hours on Sunday, July 26, 2026. Mr Balodi tendered his resignation from the post due to an internal departmental shifting within the company.The transition reflects a change in...

Dr. Lal PathLabs Ltd. Announces Completion of Tenure for Independent Director Gurinder Singh Kalra Dr. Lal PathLabs Limited has announced that Mr. Gurinder Singh Kalra, holding DIN: 10197218, has concluded his tenure as an Independent Director of the company. The cessation of his directorship became effective on July 26, 2026 (closing business hours).The change in board composition is attributed to the completion of his designated tenure as an Independent Director. This operational update provides details regarding the director's status and the reason for the change.Key details concerning the cessation are provided below:ParticularsDetailsDirector NameMr. Gurinder Singh Kalra (DIN: 10197218)Date of CessationJuly 26, 2026...

Manipal Health Eyes Massive ₹9,275 Crore IPO as 9 Mega Listings Flood Dalal Street Next Week The Indian capital markets are set for a high-volume period starting next week, with nine major maiden public issues (IPOs) scheduled to debut. These offerings span across corporate and SME segments, collectively targeting a massive fundraising of ₹11,707 crore through initial public offerings. This influx promises significant activity on Dalal Street as investors brace for market debuts spanning multiple days.The Anchor IPO: Manipal Health Sets Record Benchmark The most anticipated listing is from Manipal Health Enterprises, a multispecialty hospital chain backed by TPG and Temasek. The IPO aims to raise an enormous ₹9,275.22 crore. This...

NTPC Profits Surge 12% as Banks Deliver Mixed Results; Key Corporate Deals Take Center Stage The markets are tracking a confluence of corporate milestones and pivotal quarterly results today. Amidst significant sector-specific developments, companies ranging from renewable energy providers to established financial institutions are presenting diverse performance metrics. Investors are keenly focusing on the earnings reports and strategic business announcements across key industries.Financial Earnings: Sector Performance Highlights Several major corporations are releasing their Q1 results, showing vast swings in profitability and operational efficiency. NTPC reported a strong standalone YoY profit increase of 11.9%, reaching Rs 5,342.4...

Linc Limited Unveils 'Stackoo' Experience Centre in Kolkata, Boosting Retail Footprint Linc Limited, a leading manufacturer of writing instruments and stationery products, has announced the inauguration of its first dedicated Retail Outlet-cum-Product Experience Centre. Operating under the brand name 'Stackoo', the new center was unveiled on July 26, 2026, in Kolkata.The strategic launch marks a key advancement in the company's retail expansion strategy. The Experience Centre has been designed to provide consumers with an engaging and interactive experience centered around stationery and lifestyle products.Located at 24 Park Street in Kolkata, the outlet is situated in a prominent commercial area, positioning it close to major...

SMC Global Securities Limited notes resignation of Senior Management Personnel, Mr. Nitin Mehta SMC Global Securities Limited has noted the resignation of Mr. Nitin Mehta, a member of its senior management personnel, following the meeting of its Board of Directors.The company confirmed that Mr. Mehta resigned from his position as Vice President - Treasury & Debt Solutions Desk and Senior Management Personnel. The resignation was effective from May 30, 2026. SMC Global Securities Limited formally took note of this change during a Board meeting held on July 26, 2026.The details regarding the change in personnel are as follows:ParticularsDetails (Mr. Nitin Mehta)Reason for ChangeResignation from the position of Vice President -...

Zen Technologies Reports Q1FY27 Results; Highlights Strong Order Book and New Anti-Drone Product Lineup Hyderabad: Defence technology provider Zen Technologies Limited announced its un-audited financial results for the first quarter of FY27, ending June 30, 2026. The company reported consolidated revenue of ₹141.64 crore, EBITDA of ₹57.88 crore, and Profit After Tax (adjusted for Non-Controlling Interest) of ₹34.46 crore.The Q1 FY27 revenue was noted as being consistent with internal expectations and reflects the early stages of the current order book execution cycle. The company highlighted that substantial improvements were made to its order book starting from October 2025, given that the typical execution cycle for these orders is...

SMC Global Securities Appoints Compliance Officer Under SEBI Insider Trading Regulations SMC Global Securities Limited has appointed a new officer to oversee adherence to insider trading regulations as mandated by the market body. The appointment was formalized following a meeting of the company's Board of Directors held on July 26, 2026.Mr. Rahul Yadav, who is a Member of the Institute of Company Secretaries of India (ICSI) and holds ACS:A72932, has been appointed as the Compliance Officer. This role ensures compliance with the requirements set forth by SEBI (Prohibition of Insider Trading) Regulations, 2015.As the designated Compliance Officer, Mr. Yadav will be responsible for administering the code of conduct and fulfilling...

PI Industries Rebounds After Steep Fall: Can Technical Bounce Past ₹4,329 High? Expert View on Pharma Stock Potential The pharmaceutical sector is witnessing signs of resilience as PI Industries Ltd registers a significant turnaround after facing sharp declines from its peak levels. The stock has recently tested crucial support areas, sparking fresh interest among traders and analysts regarding its immediate future trajectory.PI Industries had previously surged to a high of ₹4,329 on 30th July 2025. However, the momentum was not sustained, leading to volatility as the share price corrected significantly before stabilizing near key support levels. The stock closed at ₹2,741 on 23rd July 2026, marking a distinct shift from its previous...

Valuation Showdown: Domestic Funds Demand Massive Cut as Zepto IPO Faces Sticking Point Top domestic mutual funds and large insurers are creating significant friction over the valuation of quick commerce startup Zepto's proposed Initial Public Offering (IPO). Asset managers, who represent some of the largest investors in recent listings, have reportedly indicated that they would be hesitant to subscribe even if Zepto lowers its expectations further. This intense negotiation process is potentially complicating the near-term launch of the highly anticipated IPO.The Valuation Chasm: Funds Seek Lower Price PointZepto has offered to reduce its valuation expectation to approximately $4-5 billion. This figure is substantially lower than...

SES ESG Research Assigns Adjusted ESG Score of 71.7 to S.J.S. Enterprises Ltd SES ESG Research Pvt Ltd has assigned an Environmental, Social, and Governance (ESG) Score (Adjusted) of 71.7 for S.J.S. Enterprises Limited. The rating was provided by the SEBI registered Category-II ESG Ratings Provider and received by the company on July 25, 2026.The assessment reflects the Environmental, Social, and Governance performance standards as evaluated by SES ESG Research Pvt Ltd.Company DetailsMetricDetailCompany NameS.J.S. Enterprises LimitedRating ProviderSES ESG Research Pvt LtdESG Score (Adjusted)71.7Date of Report ReceiptJuly 25, 2026SJS Stock Price Movement S.J.S. Enterprises Limited rallied strongly on Friday...

Ministry of Petroleum and Natural Gas grants No Objection for Vedanta Oil and Gas Ltd's DemergerVedanta Oil and Gas Limited, formerly known as Malco Energy Limited, has received approval from the Ministry of Petroleum and Natural Gas (MoPNG), Government of India, regarding the assignment of participating interests and operatorship following a Scheme of Arrangement. This decision relates to oil and gas blocks transferred during the demerger process involving Vedanta Limited, Vedanta Aluminium Metal Limited and Talwandi Sabo Power Limited, and Vedanta Iron and Steel Limited.The Scheme of Arrangement became effective on May 1, 2026. MoPNG's "no-objection" was conveyed in relation to this transfer, which involved the demerger of the Oil...

P S Raj Steels Limited Updates Key Managerial Personnel Following Secretary Resignation P S Raj Steels Limited has announced a change in its management structure, following the resignation of Mr. Manish Kumar from the role of Company Secretary and Compliance Officer. The update pertains to the determination of material events and disclosures for the company.The resignation of Mr. Manish Kumar was effective from July 25, 2026. As part of this organizational change, P S Raj Steels Limited has provided an updated list of Key Managerial Personnel (KMP) responsible for assessing materiality and making necessary disclosures. This revised KMP structure is effective as of July 26, 2026.The company’s management team includes the following...

Transworld Shipping Lines Sells Vessel M.V. SSL Visakhapatnam for US$ 3,080,300.30 Transworld Shipping Lines Limited, formerly known as Shreyas Shipping & Logistics Ltd, has executed a Memorandum of Agreement (MOA) for the sale of one vessel, M.V. SSL Visakhapatnam. The agreement was finalized on July 26, 2026.The company entered into the MOA with Last Voyage DMCC or their guaranteed nominee. The purpose of this transaction is the sale of the vessel, which Transworld Shipping Lines Limited owns. The agreed consideration for the asset is US$ 3,080,300.30.The terms related to the agreement were structured such that certain provisions would apply upon Delivery of the Vessel. The company confirmed that neither party holds a shareholding...

Associated Alcohols reports Q1FY27 results amid strong proprietary brand growth and market expansion Associated Alcohols & Breweries Limited (AABL) reported its financial performance for the first quarter of fiscal year 2027, highlighting robust momentum in its IMFL Proprietary segment while addressing declines in the ethanol business. The company continues to leverage its integrated manufacturing model as it aggressively pursues a Pan-India presence and expands its premium spirits portfolio.The company recorded Net Revenue of Rs 2,809 million for the quarter, marking a 5% year-on-year increase. Gross Profit stood at Rs 1,029 million, while EBITDA reached Rs 299 million, reflecting an 11% margin. Profit After Tax (PAT) was Rs 178...

Karnika Industries Acquires 40% Stake in Elementa Lifespaces for Real Estate VentureKarnika Industries Limited has undertaken a strategic investment, subscribing to a 40% equity shareholding in Elementa Lifespaces Private Limited. This acquisition positions Karnika Industries within the Real Estate Sector through its venture into the domain.Elementa Lifespaces, which was incorporated on July 24, 2026 under the Companies Act, 2013, is the target entity acquired by the Kolkata-based company. The transaction involves a cash consideration for the purchase of shares in Elementa.The details of the proposed transaction are summarized below:ParticularsDetailsTarget Entity NameElementa Lifespaces Private Limited (Elementa)...

Neogen Chemicals Reports Robust Q1 FY27 Results; Revenue Up 34% YoY as Battery Materials Push Gains Neogen Chemicals Limited reported a strong financial performance for the first quarter of fiscal year 2027 (Q1 FY27) ended June 30, 2026. The company posted consolidated revenue of INR 250 crore, marking a 34% increase year-on-year. Profit after tax (PAT) reached INR 17 crore, reflecting a substantial rise of 67% compared to the previous year period.The robust performance was achieved despite navigating global headwinds and managing the temporary shutdown of the Dahej plant, bolstered by efficient operations across its toll manufacturing sites. The expansion in product lines drove revenue growth, with the Organolithium Portfolio...

Sigachi Industries Postpones Board Meeting Scheduled for July 27 Sigachi Industries Ltd has announced the postponement of its Board Meeting that was scheduled for Monday, July 27, 2026. The meeting was slated to review and approve the Standalone and Consolidated unaudited financial results for the quarter ended June 30, 2026.Due to unavoidable circumstances, the Company determined that it needed to postpone the Board Meeting. Sigachi Industries stated that it will inform the Stock Exchanges regarding the revised date of the meeting in due course.The company confirmed that the closure of the Trading Window, which was previously intimated to the Stock Exchanges, will remain closed until 48 hours after the announcement of the unaudited...

Zen Technologies Unveils India's First High-Altitude Man-Portable Anti-Drone System On July 26, 2026, Zen Technologies Limited unveiled its High-Altitude Man-Portable Anti-Drone System (MPADS). The launch was conducted on the occasion of Kargil Vijay Diwas and addresses the critical challenge of growing drone usage across high-altitude battlefields. This indigenous, lightweight counter-UAS solution is designed to protect military personnel operating in mountainous and remote terrains.The MPADS is a compact, mission ready system engineered for rapid deployment in difficult terrain where traditional vehicle mounted systems are impractical. It integrates advanced RF detection, intelligent data fusion, and omni directional jamming into...

Banking and Auto Sector Updates: IDFC First Bank Boosts Profit, Honda Launches Premium SUV ZR-V IDFC First Bank doubles Q1 net profit; Board approves plan to raise up to ₹30,000 crore IDFC FIRST BANK reported a significant rise in its fiscal first quarter net profit, attributed to strong growth in net interest income (NII) and reduced provisions. The private sector lender's net profit jumped 132.4%, reaching ₹1,075 crore, compared to the same quarter last year.The bank’s operating profit rose by 14% year-on-year, standing at ₹2,553 crore in the June quarter. Provisions decreased to ₹1,144 crore from ₹1,659 crore in the preceding year's quarter. Asset quality also improved, with gross non-performing assets (NPAs) reported at 1.51%...