Markets

Welspun Living Approves Stake Transfer in WCPGL and Rs 121 Crore Modernization Capex for Anjar Facility Welspun Living Limited (WLL) announced two significant corporate decisions, approving the transfer of its stake in Welspun Captive Power Generation Limited (WCPGL) to a promoter group entity and sanctioning a major capital expenditure project at its Anjar facility.The Board of Directors approved the transfer of WLL's 51% stake in WCPGL to Welspun Corp Limited (WCL), a company belonging to the promoter group. The total consideration for this acquisition was set at Rs 67.66 Crores. This transaction, which is intended to be completed by August 31, 2026, forms part of WLL's strategic push toward enhancing its use of renewable and green...

Bank of Maharashtra Revises Marginal Cost of Funds Based Lending Rate (MCLR) Bank of Maharashtra has announced a review and subsequent revision of its Marginal Cost of Funds Based Lending Rate (MCLR), which will be effective from July 25, 2026. The updates pertain to various lending tenors across different segments.The bank provided details regarding the changes in MCLR for customers. While some rates remained unchanged, others saw adjustments following the review process.TenorExisting MCLRRevised MCLR (w.e.f. 25.07.2026)Overnight7.50%7.30%One month8.30%8.30%Three months8.55%8.55%Six months8.80%8.90%One Year8.95%9.00%MAHABANK Stock Price Movement On Friday, shares of Bank of Maharashtra edged higher to close at...

Operations at Indo Count Industries Facility in Gujarat Temporarily Disrupted Due to Flooding Indo Count Industries Ltd. has temporarily halted operations at its manufacturing facility located in Bhilad, Gujarat. The disruption began on July 23, 2026, following unprecedented rainfall and consequent flooding in the surrounding area.The company confirmed that the temporary cessation of activities was necessitated by the severe weather conditions impacting the premises situated at 191/192, Mahala Falia, Village, Bhilad, Gujarat- 396105. Management states that adequate measures have been taken to ensure the safety and well-being of personnel at the site during this period.The facility is currently experiencing a temporary disruption in...

Share India Securities Reports Q1 Results: Standalone and Consolidated Income Highlights Revenue Growth Share India Securities Limited has announced its un-audited financial results for the quarter ended June 30, 2026. The company reported figures across standalone, consolidated, and segment wise levels, detailing performance in revenue generation and profitability over various periods.Financial Performance (Standalone) For the quarter ending June 30, 2026, Share India Securities recorded a Total Income of 35,355.47 in Lakhs. The company's total revenue from operations stood at 34,955.01 Lakhs. Key components contributing to operational income included Net gain on fair value changes (20,001.53 Lakhs), and Fees and commission income...

OneSource Specialty Pharma Reports Strong Q1 FY27 Results; Revenue Up 37% YoY OneSource Specialty Pharma Limited announced consolidated financial results for the quarter ending June 30, 2026, highlighting robust growth across its specialty CDMO business. The company reported a significant increase in revenue and EBITDA, driven by various commercial milestones and operational leverage.The company’s performance during Q1 FY27 demonstrated strong momentum. Revenue reached ₹4,490m, marking a 37% year-on-year (YoY) rise and a 5% quarter-on-quarter (QoQ) increase. EBITDA stood at ₹1,233m, representing a 39% YoY increase and a 34% QoQ jump. This operational efficiency led to the company achieving an EBITDA margin of 27.5%, up from 21.5% in...

Kesar India Ltd Features in Grohe-Hurun Real Estate 150, Valuation Rises 125% Kesar India Limited, a prominent player in the real estate sector, has secured a place among India's top real estate companies, featured in the prestigious Grohe-Hurun India Real Estate 150 for 2026. The company registered a significant valuation increase of 125% year-on-year, reaching INR 3,600 crore, which placed it as the second national gainer by percentage growth on the list.Amid a challenging environment for the real estate industry and market conditions that remain subdued across much of the sector, Kesar India's performance stands out as a notable outlier, underscoring the strength of its execution and scalable growth model.The recognition was...

Bank of Baroda Hosts Media and Analyst Meet for Q1 FY2026-27 Financial ResultsBank of Baroda has made the recorded sessions of its recent Media Meet and Analyst Meet available to stakeholders following the release of the financial results for the first quarter of fiscal year 2026-27.The meeting was conducted to present the company’s Q1 FY2026-27 Financial Results. Investors and analysts can access the audio and video recordings of the session through the designated section on the bank's official website, which is accessible via its Shareholders Corner.BANKBARODA Stock Price Movement Bank of Baroda shares rallied on Friday, successfully closing the trading session up 1.27% and settling at ₹246.45. The stock saw a total volume of...

Shakti Pumps Delivers Record Revenue and Strong Operational Momentum in Q1 FY27 Indore, Madhya Pradesh, 24th July 2026: Shakti Pumps (India) Limited (SPIL), a manufacturer of energy efficient pumps and solar pumping solutions, has announced its financial results for the quarter ended June 30, 2026. The company reported a record consolidated revenue, demonstrating strong execution and sustained demand across its core markets.Chairman Mr. Dinesh Patidar commented that the performance reflected robust operational execution and an improved working capital position. Despite facing input cost pressures and lower realizations on select orders, SPIL maintained broadly stable EBITDA margins sequentially. The company also noted healthy momentum...

Moschip Technologies Reports Quarterly Financial Results; Grants 357,000 Employee Stock Options Moschip Technologies Ltd has announced its unaudited financial results for the quarter ended June 30, 2026. The company also confirmed the grant of employee stock options to eligible employees during its Board meeting held on July 24, 2026.The Board of Directors reviewed and approved the Unaudited Financial Statements (Standalone & Consolidated) for the quarter ending June 30, 2026, which were conducted in conjunction with a Limited Review Report issued by S. T. Mohite & Co., Chartered Accountants. The company also announced that the Nomination & Remuneration Committee granted 3,57,000 Employee Stock Options (ESOP) to its eligible employees...

Polymac Thermoformers Ltd to Hold Board Meeting on July 29, 2026 Polymac Thermoformers Limited has scheduled a meeting of its Board of Directors for Wednesday, July 29, 2026. The meeting will be held at the company's registered office in Kolkata and is set to address several critical business items related to the forthcoming Annual General Meeting (AGM).The agenda for the board meeting includes setting various dates and approvals essential for the AGM process. Key resolutions to be transacted include fixing the Book Closure date(s) required for the Annual General Meeting.Furthermore, the Board is mandated to fix the specific details of the AGM, including the date, time, and venue. The meeting will also approve the draft Notice and...

ED Files Prosecution Complaint Against Hampton Sky Realty Ltd and Promoter Sanjeev Arora The Directorate of Enforcement (ED) has filed a Prosecution Complaint against Hampton Sky Realty Limited and its promoter, Mr. Sanjeev Arora. The complaint was filed before the LD. Principal District and Session Judge / Special Court (PMLA), Distt Court Gurugram (Haryana).The filing follows a receipt of communication from the ED dated 24.07.2026. The Prosecution Complaint involves allegations concerning Sections 44 and 45 of the Prevention of Money Laundering Act, 2002 ("PMLA").In response to the complaint, Hampton Sky Realty Limited confirmed that it is contesting the allegations made in the Prosecution Complaint against both the company and...

Bharti Airtel Board Meeting Scheduled to Review Q1 Financial Results; Trading Window Closed Bharti Airtel Ltd has announced that its Board of Directors will convene on August 4, 2026, to consider and take on record the Audited Financial Results for the first quarter (Q1) ended June 30, 2026. The meeting is scheduled to review both the standalone and consolidated financial results.The board session will focus on reviewing the operational and financial performance of the company during the stipulated quarter.In adherence to the Company’s Code of Conduct for prohibition of Insider Trading, Bharti Airtel has implemented a trading window closure. The restricted period for dealing in the securities of the company spans from July 1, 2026...

Bharti Hexacom Ltd Announces Board Meetings for Q1 Results and Insider Trading Window Closure Bharti Hexacom Ltd has scheduled meetings of its Board of Directors to review the financial performance for the first quarter (Q1) ended on June 30, 2026. The Board meetings are set to take place over two days in August 2026.The company confirmed that the Board meeting is intended to consider and take on record the Audited Financial Results pertaining to Q1.In alignment with the Company's Code of Conduct for prohibition of Insider Trading, a trading window restriction has been implemented for the securities of Bharti Hexacom Ltd. This restricted period runs from Wednesday, July 01, 2026, through Thursday, August 06, 2026.BHARTIHEXA Stock...

TVS Electronics Faces Tax Dispute Over Alleged ITC Misuse in GST Audit TVS Electronics Limited is facing a material pending litigation regarding tax liabilities arising from an audit conducted by the Delhi Goods & Services Tax Department. The dispute centers on allegations concerning the misuse of Input Tax Credit (ITC) for a specific fiscal period.The company is currently engaged in proceedings with the Assistant Commissioner, Delhi Goods & Services Tax Department, stemming from a Show Cause Notice issued under Section 73(1) of the CGST/Delhi GST Act and Rules 2017. The notice covers the tax period spanning April 2022 to March 2023.The litigation carries specific financial implications for TVS Electronics Limited, as detailed...

Gland Pharma Ltd to Hold Board Meeting for Q1 2026 Results; Investor Call Scheduled Gland Pharma Limited has announced that its Board of Directors will convene a meeting to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.The Board meeting is scheduled to take place on Monday, August 10, 2026. In addition to reviewing the financial outcomes, the company has set an Investor/Analyst call for the same day.The details regarding the upcoming corporate events are as follows:EventDateTimePurpose / DetailsBoard MeetingMonday, August 10, 2026N/AConsideration and approval of Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026...

Alldigi Tech Reports Strong Q1 FY27 Results; Announces Interim Dividend of ₹30 Per Share Alldigi Tech Limited, a provider of Tech and Digital (T&D) and BPM solutions, announced robust financial results for the first quarter of Fiscal Year 2027 (Q1 FY27). The company reported significant year-on-year growth across key metrics, including a 4.4% rise in revenue and an increase in EBITDA by 13.1%. Alldigi also declared an interim dividend of ₹30 per share following the strong quarter.The financial performance reflects operational efficiencies and improvements in the company’s revenue mix. The overall EBITDA margin saw an expansion of 210 basis points (bps) year-on-year, reaching 27.5%. Net Profit After Tax (PAT) grew by 21.7%...

Bank of Baroda Subsidiary Stake Traded as Caramel Point Investments Sells Interest to BNP Paribas Cardif Bank of Baroda has been informed regarding a significant transfer of shares in Indiafirst Life Insurance Company Limited (IFLIC), a subsidiary of the Bank. The transaction involves the sale of a substantial stake held by Caramel Point Investments India Private Limited to BNP Paribas Cardif.According to the details, Caramel Point Investments India Private Limited is transferring 25.96% of its stake in IFLIC. This transfer is set to be completed following the execution of a Share Purchase Agreement dated July 24, 2026, and remains subject to necessary regulatory approvals.The Bank confirmed that there are no changes regarding its...

Alldigi Tech Reports Strong Q1 FY27: Revenue Up 4.4% YoY as Margin Expansion Continues Alldigi Tech Limited delivered a robust performance update for the first quarter of Fiscal Year 2027 (Q1 FY27), highlighting steady margin expansion and increasing international contribution across its service segments. The company reported revenue growth, while also seeing improvements in operational efficiency metrics and balance sheet health.The company saw total revenue reach approximately ₹150 Cr, marking a 4.4% increase year over year (YoY). EBITDA stood at approximately ₹41 Cr, reflecting a strong 13.1% YoY rise. The margin remained solid at 27.5%, representing an improvement of 210 basis points (bps) compared to the previous year. Net Profit...

Share India Securities Announces Interim Dividend, Approves Rs 200 Crore Debt Raise and Acquires Enshrine Leasing Share India Securities Limited announced several key outcomes from its Board meeting held on July 24, 2026. The company approved the un-audited financial results for the quarter ending June 30, 2026, declared an interim dividend, and authorized a significant fundraising initiative through debt instruments.The Board meeting also approved the acquisition of Enshrine Leasing and Infotech Private Limited, aiming to strengthen the company's business infrastructure.Financial Results and Dividend Declaration In addition to approving the un-audited Standalone and Consolidated financial results for the quarter ending June 30...

Integrated Proteins Ltd Re-designates Hiren Shah as Chairman and Managing Director; EGM Scheduled Integrated Proteins Ltd has announced a key leadership transition following its Board meeting, re-designating Mr. Hiren Dhirajlal Shah from Additional Executive Director to the role of Chairman and Managing Director of the company. The company also set the date for an Extra Ordinary General Meeting (EGM) for its members for the financial year 2026-27.The Board of Directors consented to re-designating Mr. Hiren Shah as "Chairman and Managing Director." This appointment, which is subject to approval by the company members in a general meeting, allows him to hold the position for a period of five years, beginning on July 24, 2026, and...