Markets

Sapphire Foods Achieves 37% Adj. EBITDA Growth in Q1 FY27 Amid Market Headwinds Sapphire Foods India Limited reported strong performance for the first quarter of fiscal year 2027 (Q1 FY27), marked by robust revenue growth and improved profitability across its global operations. The company successfully expanded its restaurant footprint while navigating inflationary pressures across all verticals, including KFC, Pizza Hut India, and Sri Lanka.Consolidated results showed a 15% year-over-year (YoY) increase in Restaurant Sales, reaching ₹8,882 Mn. Adjusted EBITDA grew by 37% YoY, standing at ₹749 Mn, resulting in an adjusted EBITDA margin of 8.4%, a significant rise of 130 basis points (bps).The company added a total of 22 restaurants...

Data Patterns Schedules Board Meeting to Approve Q1 Unaudited Financial Results Data Patterns (India) Limited 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 set to take place on Thursday, July 30, 2026. The agenda includes consideration and approval of the company’s unaudited financial results.In relation to the upcoming announcement, the company provided an update regarding its trading window policies. As previously informed, dealing in the securities of Data Patterns has been closed for all insiders since July 1, 2026.The company specified that the trading window will remain closed until the conclusion of a 48-hour...

Independent Director Appointed at Cochin Malabar Estates & Industries Ltd Cochin Malabar Estates & Industries Ltd has announced the appointment of Mr. Ghanshyam Mundhra as an Additional Non-Executive Director in the category of Independent Director, effective July 24, 2026.The decision was made by the Board of Directors during a meeting held on July 24, 2026. The appointment grants Mr. Ghanshyam Mundhra the role for a period of five consecutive years and is subject to subsequent approval from the company's shareholders.Mr. Ghanshyam Mundhra holds integrity, expertise, and relevant proficiency, which are expected to bring value to the Board and the Company. He is a Commerce Graduate from University of Calcutta. As per available...

Veer Global Infraconstruction Ltd Listing 8,00,000 Equity Shares Following Loan Conversion Veer Global Infraconstruction Ltd has seen its securities listed on an exchange, following the issuance of new equity shares generated through the conversion of unsecured loans into equity. The listing is effective from Friday, July 24, 2026, marking a key development for the company.The preferential allotment involved the issuance of 8,00,000 equity shares to Non-Promoters. These shares were issued following the conversion of outstanding unsecured loans and rank pari-passu with the company's existing equity shares. The total number of shares issued through this process is 8,00,000.The financial details pertaining to these newly listed...

Avonmore Capital Schedules Board Meeting to Review Q2 Unaudited Financial ResultsAvonmore Capital & Management Services Ltd has scheduled its Board of Directors for a meeting set on Friday, July 31, 2026. The primary focus of the meeting will be reviewing and approving the company's financial performance for the recently concluded quarter.The agenda includes considering and approving the Unaudited Financial Results, encompassing both standalone and consolidated figures, corresponding to the quarter ended June 30, 2026. This meeting provides shareholders and stakeholders an opportunity to review the operational and financial standing of the company as of that date.AVONMORE Stock Price Movement Shares of Avonmore Capital &...

Dalmia Bharat Limited Announces CFO Appointment as Financial Results for Quarter Ending June 30, 2026 are Approved Dalmia Bharat Limited has announced significant updates following its Board meeting held on July 24, 2026. The Board considered and approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. Furthermore, the company announced a key managerial transition with the appointment of Mr. Yatin Malhotra as the Chief Financial Officer and Key Managerial Personnel.Management Transition and Appointment Details The Board meeting reviewed personnel changes based on recommendations from the Nomination & Remuneration Committee. The company confirmed that Mr. Dharmender Tuteja, who...

Automotive Stampings and Assemblies Ltd Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Automotive Stampings and Assemblies Limited has released its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors reviewed the Statement of unaudited financial results, along with the Limited Review Report from Statutory Auditors.The company reported strong operational income during the period. Revenue from operations stood at 25,32.44 lakh INR for the quarter ended June 30, 2026. Total income was reported at 25,390.45 lakh INR, which included other income of 58.01 lakh INR.The company recorded a profit before tax and exceptional items of 626.26 lakh INR. The net profit for the period...

Sapphire Foods India Ltd Reports Q2 Results; Highlights Corporate Milestones Including Office Shift and Amalgamation Plans Sapphire Foods India Limited has released its Unaudited Financial Results for the quarter ended June 30, 2026, alongside an independent auditor’s review report. The results cover both standalone and consolidated financial performance. Key corporate updates include details of the ongoing scheme of arrangement with Devyani International Limited and the formal approval and registration of the company's shift in Registered Office to Haryana.Financial Performance Snapshot The unaudited consolidated financial results for the Group reflect operational data across several entities, including Sapphire Foods India Limited...

GP Petroleums Announces Director Appointments and Recommends Dividend at Board Meeting GP Petroleums Limited, following its Board Meeting held on July 24, 2026, announced significant outcomes concerning corporate governance, including the appointment of two additional directors and the recommendation of a final dividend for shareholders. The company also set the date for its upcoming 43rd Annual General Meeting (AGM).The Board meeting considered and approved the unaudited financial results (both standalone and consolidated) for the quarter ended June 30, 2026. These results were reviewed in conjunction with a Limited Review Report issued by M/s. J Mandal & Co., Chartered Accountants, Statutory Auditors of the Company.Governance and...

Sharp Rebound! Sensex Surges Over 600 Points as Investors Scavenge Bargains Amid Market Weakness The market sentiment shifted dramatically on Friday after benchmark indices, heavily pressured by early losses, found unexpected buyers at lower levels. Both the BSE Sensex and NSE Nifty recovered significantly from their intraday lows, signaling a floor beneath the declining trends. This recovery comes as both major indicators are heading toward a fifth consecutive day of declines.Investors Buy Dips As Indices Headed for Fifth Straight Loss DayThe 30-share BSE Sensex had initially dropped by 916.96 points, or 1.2 per cent, settling at 75,474.43 in early trading. Similarly, the broader NSE Nifty saw a sharp decline of 263.3 points, or...

Tatva Chintan Pharma Chem Ltd Schedules Analyst Meeting with Motilal Oswal AMC Tatva Chintan Pharma Chem Limited has set a schedule for an analyst meeting, in which the company will participate with industry professionals. The interaction is focused on presenting information to financial institutions regarding the company's status.The scheduled engagement is set to take place with Motilal Oswal AMC. The details of this One to One Meeting are as follows:DateAnalyst/Financial InstitutionTypeMode31 July 2026Motilal Oswal AMCOne to One MeetingVirtual MeetingThe company has stated that for the discussions held during this interaction, Tatva Chintan Pharma Chem Limited will be referencing publicly available information. The...

JOJO Ltd Affirms Full Disclosure Regarding Stock Price Movement JOJO Ltd provided a clarification regarding the recent movement in its equity shares following inquiries from the market surveillance department. The company stated that it has been regularly disseminating all material events and information as required by regulatory provisions.The company maintained that there is no unpublished price sensitive information or any impending announcement that could influence the recent stock price movement which has not already been disclosed to the Stock Exchange.JOJO Ltd affirmed that the movement in its securities appears to be purely market driven, and the company was unaware of any specific information or reason contributing to the...

Pan India Corporation Ltd Reports Un-Audited Standalone Financial Results for Quarter Ended June 30, 2026 Pan India Corporation Ltd has released its un-audited standalone financial results for the quarter and three months ended June 30, 2026. The company's results reflect various operational metrics across both the quarter and trailing annual periods, as detailed in the published statements.The financial figures, reported in Rs. in Lakh, are presented below:Financial MetricQuarter Ended 30.06.2026 (Unaudited)Quarter Ended 31.03.2026 (Unaudited)Year Ended 30.06.2025 (Unaudited)Year Ended 31.03.2026 (Audited)Total Revenue (i+ii)0.140.142.091.41Employee Benefit Expense7.477.746.53-Other Expenses3.740.3514.2525.62Total...

Rajoo Engineers Posts Robust Q1 FY27 Results, Driven by Strong Execution and Global Demand Rajoo Engineers Limited, a prominent plastic extrusion machine manufacturer with nearly 39 years of experience in the industry, announced its un-audited financial results for the first quarter of the financial year, 2026-27. The company reported solid performance across key operational metrics, reflecting strong execution and sustained global demand.The consolidated financials show significant growth in revenue from operations for Q1 FY27, alongside improved profitability metrics despite market pressures on input costs.Key Consolidated Financials Snapshot The results presented by the company illustrate a trajectory of consistent growth...

Silgo Retail Board Approves Major Transactions, Related Party Deals and Plans EGM Silgo Retail Limited announced several significant decisions following the meeting of its Board of Directors held on July 24, 2026. The Board approved crucial financial instruments, corporate guarantees, and arrangements related to related party transactions.The company's directors considered and ratified multiple operational and financial decisions during the board meeting. These approvals include the creation of pledges, charges, mortgages, hypothecations, or assignments against the Company’s assets, as well as extending necessary guarantees. The Board also approved providing a corporate guarantee under Section 185 of the Companies Act, 2013, and...

Acutaas Chemicals Reports Strong Q1 FY27 Results with Revenue Up 59.1% and PAT Rising 70.4% Surat, July 24, 2026: Acutaas Chemicals Limited, a global manufacturer of advanced pharmaceutical intermediates and specialty chemicals, announced its consolidated financial results for the first quarter of Fiscal Year 2027 (Q1 FY27), ended June 30, 2026. The company reported significant growth across key metrics, with revenue from operations increasing by 59.1% year-over-year (YoY).The financial performance highlights the company's strong market position and operational agility. Q1 FY27 saw Revenue from Operations stand at Rs. 3,297 million (mn), up 59.1% compared to Q1 FY26, which recorded revenue of Rs. 2,072 mn. Gross Profit reached Rs...

Apsis Aerocom Awarded Purchase Order from International Customer in Defence Segment Apsis Aerocom Limited has secured a purchase order from an international entity within the Defence segment, signaling significant business activity for the company. The contract details and terms relate to specific customer requirements, marking a key development in the company's operational expansion.The purchase order is designated as an international transaction and was awarded in response to specialized customer specifications. This venture does not involve any interest from the promoter or promoter group of Apsis Aerocom Limited, nor would it fall under related party transactions.Key details regarding the contract, including its duration, value...

Ice Make Refrigeration Lands Major Funding from Galilei, Initiates Strategic Joint Venture Ice Make Refrigeration Limited has signed several definitive agreements that mark a significant step in its long-term strategic growth vision, including substantial funding through an equity subscription and the establishment of a major joint venture with Galilei Holdings Co. Ltd.The company announced a comprehensive agreement for capital infusion involving Galilee, a Japan based company listed on the Tokyo Stock Exchange. Under this arrangement, Galilei will subscribe to equity shares in Ice Make for an aggregate amount of approximately INR 1,800 million through a preferential issue. Additionally, Ice Make plans to raise INR 100 million from...

Tax Demand Imposed on Graphite India Ltd Over Alleged Excess Input Credit Availment Graphite India Ltd has faced a tax order concerning the alleged excess availment of input credit, as stated by the Additional Commissioner (Appeals), State Tax, LTU. The order was issued under Section 73 of the CGST/WBGST Act, 2017, and dated July 20, 2026.The regulatory action pertains to the details of an order issued following the alleged contravention related to the excess availment of Input Credit.Financial demands arising from this tax action have been detailed as follows:Type of DemandAmount (IGST+CGST+SGST)TaxRs. 35,98,869InterestRs. 35,52,232PenaltyRs. 3,59,886Graphite India Ltd has reviewed the order and stated that it...

Bharti Airtel Penalized By DoT Over Alleged Violation of Subscriber Verification Norms Bharti Airtel Limited has faced scrutiny from the Department of Telecommunications (DoT) regarding compliance with subscriber verification norms outlined in its License Agreement. The company was issued a notice resulting in a penalty concerning the adherence to these guidelines.The penalty notice, received on July 23, 2026, imposed a fine amounting to Rs. 2,06,000 for an alleged violation of subscriber verification norms. This action stems from a Customer Application Form (CAF) Audit conducted by DoT for May 2026.The Department of Telecommunications, identified as the authority in this matter, noted that under the License Agreement, Bharti Airtel...