Markets

Paras Defence Appoints Anushka Munjal Shah as Vice President - Business Development Paras Defence and Space Technologies Limited has appointed Ms. Anushka Munjal Shah as Vice President - Business Development and Senior Management Personnel, effective July 24, 2026. The appointment was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee.Ms. Shah holds a degree in Mechanical Engineering from the University of Southern California. Her professional expertise encompasses overseeing advanced technological verticals, with specialized knowledge in electro-optics, heavy electronics, and high-power laser systems relevant to military and space applications.The key details of the...

Bajaj Auto Limited Extinguishes 46,94,000 Shares Following Buyback Transaction Bajaj Auto Limited has completed the extinguishment of fully paid-up equity shares resulting from its tender offer buyback. The company confirmed that 46,94,000 Equity Shares, each with a face value of INR 10/-, were destroyed, bringing significant changes to the issued share capital structure.The Buyback was completed at a price of INR 12,000/- per Equity Share, accounting for an aggregate amount of INR 5,632,80,00,000/-. The extinguishment process involved shares held in both dematerialized and physical forms.Share Capital Reconciliation The cancellation of these shares revised the issued, subscribed, and fully paid-up share capital of Bajaj Auto...

SEBI Clears Status of 47 Schemes of Arrangement as Stock Exchanges' NOC Awaited For Companies Like JSW Steel and Bharat Industries SEBI has released the processing status of various Draft Schemes of Arrangement, providing critical updates on the timelines for listed companies undertaking significant corporate restructuring. The bulletin outlines which applicants are awaiting No-Objection Certificates (NOC) from exchanges, while others are currently under SEBI review following receipt of NOCs.The comprehensive list covers 47 entities, spanning diverse sectors including industry, technology, and consumer goods. This public disclosure allows investors and stakeholders to track the regulatory progression of these complex corporate...

Ganesh Housing Ltd: Q4 FY26 Financial Results Show Key Performance Metrics Across Standalone and Consolidated Results Ganesh Housing Ltd. (formerly known as Ganesh Housing Corporation Limited) announced its standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The Board of Directors considered and approved these results during a meeting held on July 24, 2026.The company's primary business segment is the promotion and development of real estate activities, as per Ind AS 108 "Operating Segments."Standalone Financial Performance Highlights (Q4 FY26) For the quarter ending June 30, 2026, Ganesh Housing Ltd. reported specific performance figures across its standalone operations.Key figures from...

Appellate Authority Sets Aside GST Order in Favor of Kalpataru Projects International Ltd Kalpataru Projects International Ltd has successfully secured a reversal of an earlier Goods and Services Tax (GST) demand from the Appellate Authority. The company received the favorable order on July 23, 2026, which set aside the original order issued by the GST Authority for the financial year 2019-20.The initial adverse action stemmed from a GST Authority decision regarding the aforementioned financial year. This first order had raised a demand of INR 15.17 lakhs in penalty, alongside a tax demand of INR 1.52 crore and interest amounting to INR 0.70 lakh. The company had subsequently filed an appeal against this initial ruling.Initial GST...

HEG Limited Reports Q1 FY27 Results: Consolidated Profit After Tax Rises 22.6% to INR 122.34 Crore HEG Limited, part of the LNJ Bhilwara Group, has announced its unaudited standalone and consolidated financial results for the first quarter of financial year 2026-27 (Q1 FY27), which ended on June 30, 2026. The company reported a consolidated profit after tax from continuing operations that increased 22.6 percent year-on-year to INR 122.34 crore.The results reflect the performance of HEG Limited and its wholly owned subsidiaries TACC Limited, HEG Graphite Limited, and Bhilwara Infotechnology Limited, along with a share of profit from associate Bhilwara Energy Limited.Financial Highlights for Q1 FY27 (Consolidated) Revenue from...

Suprajit Engineering Ltd. Board Meeting Scheduled for August 6, 2026 Suprajit Engineering Ltd. has scheduled a Board of Directors meeting on Thursday, August 6, 2026. The company is set to review and approve its financial results for the quarter that concluded on June 30, 2026.The purpose of the upcoming board meeting includes considering the un-audited Standalone and Consolidated Financial results of Suprajit Engineering Ltd.SUPRAJIT Stock Price Movement Today, shares of Suprajit Engineering Limited edged higher, settling at ₹484.45 after posting a 0.02% increase. The stock saw brisk activity in post-market trading, with a reported volume of 80,033 shares.

DCB Bank Announces Unaudited Financial Results for Quarter Ended June 30, 2026 DCB Bank Limited released its unaudited financial results for the quarter ended June 30, 2026. The results provide a detailed view of the bank's performance across various operational segments and include key ratios detailing asset quality and profitability metrics.Financial Performance Summary The comprehensive financial data illustrates the flow of income, expenditure, and resulting profit for the period. Total Income stood at 2,180.64 for the quarter ended June 30, 2026. Operating Expenses totaled 536.24, leading to a Net Profit from Ordinary Activities after tax of 213.20 in the current quarter.The financial performance metrics are presented below...

India's Services Exports Surge to USD 421.3 Billion in FY26 Driven by Digital and Business Services Boom Milestone Achievement: India Crosses $421 Billion Mark in Services Exports India’s services exports have registered a significant milestone, reaching USD 421.3 billion in the fiscal year 2025-26. This robust performance underscores the increasing global competitiveness of Indian service providers. The growth trend demonstrates sustained expansion across multiple key sectors over the last five years (2021-26).The strong performance is primarily fueled by two dominant sub-sectors: Telecommunications, Computer and Information Services, and Business services. These sectors account for a substantial portion of the total exports...

Albert David Ltd. Board Meeting Scheduled to Approve Q1 Unaudited Financial Results Albert David Ltd. has announced that a meeting of its Board of Directors is scheduled to consider and approve the Unaudited Financial Results for the First Quarter, which ended on June 30, 2026.The board meeting is slated to take place on Thursday, August 6, 2026.Regarding market trading, the company confirmed that the trading window for its equity shares has been closed since July 1, 2026. The trading window will open a full 48 hours after the declaration of the aforementioned results.ALBERTDAVD Stock Price Movement Today, Albert David Limited shares gained 2.22%, finishing at ₹698.35 after trading within the day's range of ₹680.2 to ₹699.7. The...

SI Capital Announces Details of Equity Rights Issue: Up To 75 Million Shares Offered at Rs 10 Per Share SI Capital & Financial Services Ltd has approved key terms for a rights issue intended to eligible shareholders. The Board of Directors, in its meeting on July 24, 2026, ratified the structure of the Rights Issue, which follows an earlier approval granted by BSE Limited regarding the In Principle Approval of the offer.The company confirmed that it will issue Equity Shares for a face value of Rs. 10 each. The total number of securities proposed in this rights issue is up to 75,75,000 Equity Shares, aggregating up to Rs. 757.50 Lakhs (Rupees Seven Hundred and FiftySeven Lakhs Fifty Thousand only), subject to the finalization of the...

Shriram Finance Plans Debt Issuance for Funds Raising via NCDs and Subordinated Debentures Shriram Finance Ltd has announced plans to raise funds by issuing debt securities, specifically redeemable non-convertible Debentures (NCDs) and subordinated debentures, including bonds in the onshore and offshore markets. The fundraising initiative is set to be conducted on a private placement basis, subject to prevailing market conditions.The company confirmed that meetings of concerned committees, namely the Banking and Finance Committee and the Allotment Committee for NCDs, will be held during this period. These meetings are intended to consider and approve the issue and allotment of the debt instruments, which include NCDs, subordinated...

Fractal Analytics Holds Q1 FY27 Earnings Call to Discuss Financial Results Fractal Analytics Ltd conducted its Q1 FY27 Earnings Call on July 24, 2026. The call was dedicated to discussing the company's financial results for the quarter that ended June 30, 2026.Following the event, Fractal Analytics made the audio recording of the earnings call available on its official website. Investors and interested parties can access the Q1 FY27 Earnings Call audio recording via the investor relations section of the company's portal.FRACTAL Stock Price Movement Shares of Fractal Analytics Limited shed a significant 9.01% in today's session, closing at ₹786.75 after seeing a decline of ₹77.65. The stock traded a total volume of 1.29 million...

ACC Limited Announces Quarterly Results and Completes Strategic Acquisition of Stake in Amplus Andhra Power ACC Limited announced the unaudited financial results for the quarter ended June 30, 2026, following a board meeting held on July 24, 2026. The company also disclosed the acquisition of a minority stake in Amplus Andhra Power Private Limited.The board meeting approved both the standalone and consolidated unaudited financial results for the quarter. Among other developments reported during this period, ACC Limited confirmed the provision of an Inter-Corporate Deposit (ICD) totaling ₹3,900 Crore to its Holding Company, Ambuja Cements Limited.Financial Performance Overview The company's Q1 2026 results reflected revenue and...

Sutlej Textiles and Industries Ltd to Hold Board Meeting for Un-Audited Financial Results Sutlej Textiles and Industries Ltd has announced that its Board of Directors will convene a meeting to review and approve the unaudited financial results for the quarter ending June 30, 2026. The meeting is scheduled for Thursday, August 06, 2026.The purpose of the board meeting is to consider and ratify the Unaudited Financial Results of the Company for the specified period. These results include both Standalone and Consolidated statements.The company, Sutlej Textiles and Industries Ltd, will utilize this gathering to ensure the proper consideration and approval of its quarterly financial performance as indicated by the unaudited statements...

Kundan Edifice Limited Secures INR 1.10 Cr Order from Orient Electric Limited Kundan Edifice Limited has received a purchase order totaling INR 1.10 Crore from Orient Electric Limited. This contract marks the continuation of the business relationship between the two companies and reinforces Kundan Edifice Limited's presence in the lighting segment.The order, which is part of the normal course of business, involves supplying various products to Orient Electric Limited. These supplies include HV Flex (Rope Lights), LV Flex (Strip Lights), and Rectifier Products. The transaction falls under domestic trade.The agreement was formalized with Orient Electric Limited, a domestic entity. While the specific execution period is defined by...

DCB Bank Registers Highest Ever Quarterly Profit After Tax in Q1 FY2027, Reporting 36% PAT Growth DCB Bank Ltd. has announced its unaudited financial results for the first quarter of fiscal year 2027 (Q1 FY2027), ending June 30, 2026. The bank reported a significant increase in Profit After Tax (PAT) compared to the previous year's corresponding quarter, supported by strong growth in deposits and advances.The Board of Directors approved the Q1 FY2027 results, which were reviewed by statutory auditors Varma & Varma, Chartered Accountants and Deloitte Haskins & Sells, Chartered Accountants.Key Financial Highlights The Bank's Profit After Tax (PAT) for Q1 FY 2027 stood at INR 213 Cr., marking a 36% growth compared to the PAT of INR 157...

Major Overhaul of TV Rating Policy 2026 Mandates Independent Audits and Boosts Transparency in India's Audience Measurement System MIB Releases Comprehensive Guidelines for Television Ratings The Ministry of Information & Broadcasting (MIB) has officially released the TV Ratings Policy 2026. This comprehensive policy sets forth strict guidelines governing television ratings across India. The measure aims to ensure robust transparency, independence, and accountability within the nation's TV audience measurement systems.The new policy replaces the previous Guidelines for TV Rating Agencies in India, which had been issued on January 16, 2014. It provides clear standards for the registration, operation, audit, and overall oversight of all...

Saregama India Reports FY26 Results: Adjusted EBITDA Hits ₹4,047 Mn, Citing Strong IP Monetization and Digital Growth Saregama India Limited reported robust financial performance for Fiscal Year 2026 (FY26), highlighting its successful transition from a traditional record label to a digital Intellectual Property (IP) powerhouse. The company achieved an Adjusted EBITDA of ₹4,047 Million in FY26, marking significant margin improvements and solidifying its position across the evolving Indian entertainment market.The core strategy of Saregama revolves around owning intellectual property in perpetuity and compounding it across multiple formats—including music, live events, video, and short-form content—to ride India's digital monetization...

Tesla Plummets 14% as Q2 Earnings Miss Profit Estimates; AI Spending Sparks $19 Billion Wealth Erosion Tesla shares took a significant dive, closing over 14.5% lower on Thursday after the electric vehicle giant released its quarterly earnings. The stock slump resulted in a nearly $19 billion erosion of net worth for Elon Musk and underscored investor anxieties regarding the company's profitability despite operational achievements.The automaker’s Q2 results failed to meet profit estimates for the first time in more than two years, leading to heavy selling pressure from investors globally. Tesla reported negative free cash flow, which was a point of concern despite achieving record vehicle deliveries.Profitability Concerns and...