Markets

Alan Scott Enterprises Ltd Appoints Mr. Shailesh Haribhakti as Group Chief Mentor Alan Scott Enterprises Limited, a diversified listed enterprise with 11 companies across four strategic verticals, announced the appointment of Mr. Shailesh Haribhakti as its new Group Chief Mentor. The appointment is set to run for three years and is effective from July 24, 2026.Mr. Haribhakti, recognized as a leading authority in corporate governance, institutional building, and responsible leadership in India, will work closely with the Boards and leadership teams across the Alan Scott Group. His role is focused on strengthening enterprise risk management, fostering leadership capabilities, enhancing governance standards, and guiding the long-term...

Hindustan Zinc Reports Record Quarterly Net Profit of ₹ 5,469 crore as Metal Production Hits Highest-Ever Mark Hindustan Zinc Limited has announced strong operational results for the first quarter ended June 30, 2026, reporting a record quarterly net profit of ₹ 5,469 crore. The company achieved a highest-ever Quarterly EBITDA of ₹ 8,074 crore, marking a significant increase year over year (YoY).The results highlight operational resilience and cost efficiency across the integrated producer. Key highlights include achieving the highest-ever first-quarter mined metal production of 268 KT for the fifth consecutive year. Refined metal production stood at 260 KT, representing a 4% increase YoY. Furthermore, the company recorded its lowest...

Welspun Corp Limited Approves Strategic Acquisition of WCPGL Stake and Releases Quarter Results Welspun Corp Limited has announced the approval of several key corporate activities, including the acquisition of an additional equity stake in Welspun Captive Power Generation Limited (WCPGL) and the release of its unaudited consolidated financial results for the quarter ended June 30, 2026. The company also detailed a new investment opportunity concerning the manufacturing sector.The Board of Directors approved the acquisition of an additional 51% equity stake in Welspun Captive Power Generation Limited (WCPGL). This acquisition is being undertaken from Welspun Living Limited (WLL), a promoter group company.Key Details of WCPGL...

Welspun Corp Reports Strong Q1FY27 Results, Highlights Global Growth and Improved Profitability Welspun Corp Limited announced its first quarter results for FY27, demonstrating robust bottom-line growth and a high quarterly EBITDA, setting a new record for the company. The presentation highlighted the improved financial health of the organization, with key metrics showing significant year-over-year increases across various operational segments.CEO Mr. Vipul Mathur stated that the company started the new financial year on a strong note. A primary focus remains on core products and geographies, prudent capital allocation, innovation, and fostering strong customer-supplier relationships, even amid a challenging geopolitical backdrop. The...

Filatex India Ltd. Board Meeting Scheduled to Approve Q1 Unaudited Financial Results Filatex India Limited has announced that its Board of Directors will convene a meeting on Thursday, July 30, 2026. The primary agenda item for the meeting is the consideration and subsequent approval of the standalone and consolidated Unaudited Financial Results for the quarter ended June 30, 2026.The company has also communicated updates regarding market trading activities surrounding these results. In adherence to insider trading regulations, the trading window for dealing in the Equity Shares of Filatex India Limited was closed starting from July 01, 2026. The trading restriction remains in effect until the conclusion of 48 hours following the...

Pritish Nandy Communications Ltd Schedules Board Meeting to Review Q1 Financial Results Pritish Nandy Communications 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 company has also mandated the closure of its trading window for certain designated persons as part of its insider trading prevention protocols.The Board Meeting is scheduled for Monday, August 3, 2026, at the company’s registered office. The primary agenda item for the meeting includes reviewing and approving the unaudited financial results, which cover both Standalone and Consolidated figures for the quarter ending June 30, 2026, alongside other relevant...

SBI Life Insurance Releases Q1 Results for June 30, 2026; Reports Solvency Ratio of 1.96 and Strong Embedded Value SBI Life Insurance Company Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported significant figures across various operational metrics, including profitability and portfolio health indicators. Concurrently, Willis Towers Watson (WTW) provided an independent actuarial opinion on SBI Life's embedded value as of June 30, 2026.The company’s performance for the quarter saw Net Premium Income reach 20,07,821 lakhs. Total income, derived from various sources including premiums and investment income, stood at 46,09,070 lakhs.Financial Performance Snapshot Key financial...

Sanghvi Movers Announces Board Meeting to Discuss Q1 2026 Financial Results Sanghvi Movers Ltd has scheduled a meeting of its Board of Directors to review and approve the unaudited financial results for the quarter ending June 30, 2026.The Board meeting is slated for Friday, July 31, 2026. During the meeting, the company will consider and approve the unaudited standalone and consolidated financial results for the specified quarter.In connection with the upcoming release of these financial statements, Sanghvi Movers Ltd has initiated a trading window closure period. This period commenced on July 01, 2026, and is set to conclude 48 hours after the official public disclosure of the financial results.SANGHVIMOV Stock Price Movement...

Aero Care Operations Temporarily Suspended Following Facility Flooding in Dadra and Nagar Haveli Region The manufacturing operations of M/s Aero Care Personal Products LLP, a subsidiary of Hindustan Foods Limited, have been temporarily suspended due to flooding at its facility. The disruption was caused by incessant rainfall and severe waterlogging across the region where the factory premises are located.Aero Care immediately halted operations at the designated manufacturing facilities as a precautionary measure given the prevailing conditions. These facilities are situated at Survey No. 284/2, Village Naroli, Silvassa - 396 235, in Dadra and Nagar Haveli and Daman and Diu.The company is currently assessing the extent of the damage...

Arman Holdings Ltd Board Approves AGM Notice and Finalizes Director Appointments Arman Holdings Limited held its Board of Directors meeting on July 24, 2026, during which several key operational matters were reviewed, and critical appointments related to the upcoming Annual General Meeting (AGM) were finalized.The Board members reviewed the previous board meeting minutes, along with compliance reports, investor grievances status, and shareholding patterns for the quarter ended June 30, 2026. A central outcome of the meeting was the approval and adoption of the notice for the 44th Annual General Meeting (AGM) for the fiscal year 2025-26. The AGM is slated to be conducted through Video Conferencing (VC) or other Audio Visual Means...

India Glycols Ltd Reports on Business Responsibility and Sustainability for FY 2025-26 India Glycols Limited, a prominent entity in the specialized chemicals sector, has detailed its performance regarding business responsibility and sustainability across various domains for the financial year (FY) 2025-26. The report provides comprehensive insights into operational scope, environmental stewardship, social commitments, and governance practices.Operational Profile and Market Reach The company maintains a diversified portfolio spanning several key industrial segments. Its primary operations include manufacturing and marketing Potable Spirits, Bio-based Specialities and Performance Chemicals, Bio-fuel, and Ennature Bio-pharma products...

CARE Ratings Reaffirms Strong Credit Profile of UltraTech Cement Ltd Amid Market Leadership CARE Ratings Limited has affirmed the strong creditworthiness of UltraTech Cement Ltd., assigning ratings for its proposed non-convertible debentures while reaffirming ratings on existing bank facilities. The ratings reflect the company's dominant position and operational resilience within the Indian cement industry.The assignment includes a rating of 'CARE AAA; Stable' to the proposed issue of the non-convertible debentures (NCD) totaling ₹5,000.00 crore. Furthermore, CARE Ratings reaffirmed its ratings for bank facilities, noting sustained performance in the company’s capital structure and debt coverage.Key financial and rating details...

Elgi Equipments Updates Timeline for Global Support Center Capacity Expansion Elgi Equipments Ltd. has provided an update regarding the expansion plan for its Global Support Center (GSC) manufacturing facilities located in Kinathukadavu, Coimbatore. The company announced that the planned capacity addition for the GSC is now expected to be integrated into the third quarter (Q3) of Fiscal Year 2026-27, a revision from the initially communicated timeframe of Q1 FY 2026-27.This adjustment in the schedule follows an initial project announcement concerning necessary infrastructure expansion at the Coimbatore facility. The delay is attributed to the additional time required for the commissioning, testing, and stabilization of the automation...

Gulshan Polyols Ltd’s Joint Managing Director Participates in Media Interaction with NDTV Profit India Gulshan Polyols Limited confirmed that its Joint Managing Director, Ms. Aditi Pasari, participated in an interaction with NDTV Profit India on July 23, 2026. The engagement covered the company's current operational status and discussed various future prospects for Gulshan Polyols Ltd.The media interaction provided insight into the trajectory of the organization, focusing on both its present standing and potential growth avenues moving forward.During the discussion with NDTV Profit India, which was hosted on the Company’s website, it was confirmed that no unpublished price sensitive information (UPSI) was shared by Ms. Pasari or...

Wendt (India) Limited Updates Senior Management Designations Following Organizational Restructure Wendt (India) Limited has announced changes regarding the designation of certain personnel following a revision in the company's organizational reporting structure. The changes are effective from July 24, 2026.The company clarified that although the designations have been altered subsequent to the organizational change, all affected individuals will continue their employment with Wendt (India) Limited.Senior management roles designated for two officials, Thiyagarajan R and Sanjaya S C, were modified as a result of the internal restructuring. The specific details of the personnel and their previous senior designations are provided below...

Sterlite Technologies Reports Record Q1 FY27 Results: Revenue Jumps 87% as Order Book Hits ₹18,618 Crore Mumbai, July 24, 2026 – Sterlite Technologies Limited (STL) announced a period of record financial performance for the quarter ended June 30, 2026. The company reported its highest-ever quarterly revenue and profitability, driven by strong demand in AI-ready digital infrastructure and resilient operating margins.The consolidated results showed significant growth across key metrics:Revenue: INR 1,910 Crore, marking a year-on-year (YoY) growth of approximately 87%. EBITDA: INR 397 Crore, translating to a 20.8% EBITDA margin—the highest level achieved in nearly 20 quarters. Profit After Tax (PAT): INR 197 Crore, showing robust...

Eurozone Bond Yields Ease as Oil Prices Plunge Below $100, Easing Inflation Fears Euro zone government bond yields edged lower on Friday after a difficult week marked by continuous selling pressure. The easing was primarily driven by the pullback in oil prices, allowing investors to reassess inflation and interest rate trajectories following multi-year climbs in energy costs.German Bond Yields Decline Following Brent Crude Pullback Germany's benchmark 10-year government bond yield slipped about 1.5 basis points (bps) to 3.1965%. This decline followed the instrument reaching a high of 3.2118% on Thursday, marking a significant movement from earlier highs.Concurrently, Germany's two-year bond yield, which is particularly sensitive to...

Indokem Ltd Schedules Board Meeting for Q1 Financial Review; Imposes Trading Closure Indokem Ltd has announced a forthcoming meeting of its Board of Directors scheduled to review the company’s financial performance for the quarter ending June 30, 2026. The management stated that the board meeting is set for Friday, July 31, 2026, at 3:00 p.m., during which the Unaudited Standalone and Consolidated Financial Results will be considered.In observance of the Company's Code of Conduct regarding insider trading, Indokem Ltd has closed its trading window. The decision to halt trading was implemented starting July 1, 2026, prior to the consideration of the financial results by the Board.The company specified that the restricted trading...

CG Power Replaces Auditor as S R B C & CO LLP Communicates Intent to Resign CG Power and Industrial Solutions Limited has received a letter of intent from its current Statutory Auditors, M/s. S R B C & CO LLP, indicating their resignation. This move reflects a management proposal aimed at aligning the company's statutory auditors with those affiliated to Tube Investments of India Limited (TII), the Holding Company.The decision follows CG Power’s operations having material significance relative to TII. The company and its subsidiaries constitute more than 50% of the consolidated financial statements of the Holding Company. To ensure better coordination and efficiency in the audit process, management proposed aligning the statutory...

Sterlite Technologies Posts Record Q1 FY27 Results; Achieves Net Debt-Free Status Amid AI Infrastructure Boom Sterlite Technologies Limited (STL) announced stellar financial results for the quarter ended June 30, 2026, reporting the highest-ever revenues and EBITDA. The connectivity solutions provider successfully leveraged demand from the booming AI-ready digital infrastructure segment, resulting in a strong financial profile and a net debt-free balance sheet.The company secured an extensive open order book valued at INR 18,618 Cr, underscoring its growing dominance in specialized optical products for next-generation computing.Financial Highlights and Corporate Strength STL reported consolidated revenues of INR 1,910 Cr for Q1...