Markets

DSM Fresh Foods Ltd Officials Participate in Non-Deal Roadshow with Key Investors DSM Fresh Foods Limited officials are scheduled to participate in a series of non-deal roadshow meetings, aimed at various private investment firms and groups. The events are set for July 28, 2026, and will be hosted by Go India Advisors.The company's management team is meeting with several industry players in Mumbai on the specified date. These meetings involve both one-on-one sessions and a group session.The details of the scheduled non-deal roadshow are as follows:DateMeeting TypeFirm/Company NameEventPlaceJuly 28, 2026One on One Meeting (In Person)Lucky Investment Managers Private LimitedNon-Deal Roadshow Hosted by Go India AdvisorsMumbai...

Usha Martin Ltd receives credit rating upgrade from India Ratings and Research Pvt. Ltd. Usha Martin Limited has received a credit rating update from India Ratings and Research Pvt. Ltd., marking an upgrade for its Long-Term Credit Facilities. The agency upgraded the rating in the period leading up to July 23, 2026.The ratings issued by India Ratings and Research Pvt. Ltd. concern the company’s Long-Term Credit Facilities (Bank loan facilities) and Short-Term Credit Facilities along with Commercial Paper.Regarding the long-term obligations, the agency upgraded Usha Martin's rating from 'IND A+' to 'IND AA-' and assigned a Stable Outlook. For its short-term credit facilities and commercial paper, the agency reaffirmed the existing...

Steelcast Ltd Schedules Earnings Conference Call for Q1FY27 Unaudited Results Steelcast Limited has announced an analyst and institutional investor call to discuss its Unaudited Financial Results for the quarter ended June 30, 2026. The conference is scheduled for Thursday, July 30, 2026, at 10:00 AM IST.The company’s management will participate in the post-result earnings discussion. Representing Steelcast Limited during the call are Mr. Chetan Tamboli, Chairman and Managing Director; Mr. Rushil Tamboli, Whole Time Director; Mr. Subhash Sharma, Executive Director and CFO; and Mr. Umesh Bhatt, Company Secretary.The event is designed to provide investors with updates regarding the first quarter of fiscal year 2027 (Q1FY27).About...

Devyani International Ltd Releases Annual Report and Schedules 35th Annual General Meeting Devyani International Limited has released its Annual Report, which covers the Financial Year ended March 31, 2026. The company also announced the details for its upcoming 35th Annual General Meeting (AGM).The AGM is scheduled to be held on Friday, August 14, 2026, at 11:00 A.M. (IST). Members will have the option to attend through Video Conferencing or other Audio-Visual Means facility.The company provided operational data for the Financial Year 2025-26, detailing workforce statistics and wage adherence. Key metrics from FY 2025-26 are summarized below:MetricValue (FY 2025-26)Total Number of Employees15,955Workers Covered as % of...

Eco Hotels And Resorts Ltd Approves Final Reminder Cum Forfeiture Notice for Rights Issue Call MoneyThe Rights Issue Committee of Eco Hotels And Resorts Limited approved the issuance of a Final Reminder Cum Forfeiture Notice on July 23, 2026. The notice is addressed to shareholders holding partly paid-up equity shares who have not yet settled their call money obligations under the ongoing Rights Issue.The committee determined that this final communication must be sent to those holders who failed to pay the required amount related to the First Call, Second Call, Third and Final Call, or any combination thereof. The purpose of the notice is to inform these shareholders about the potential forfeiture of their shares if payment is not...

Sai Silks Reports Q1 FY27 Results: Revenue Flat; Gross Margins Hold Near 42% Amid Market Challenges Sai Silks (Kalamandir) Limited reported its financial and operational performance for the first quarter of FY26-27, noting near-flat revenue from operations while maintaining strong gross margins despite challenging consumer sentiment in the retail market. The company continues disciplined expansion, adding thousands of square feet to its total footprint as it targets a net addition of 100,000 square feet for the current financial year.The results reflected broad sector weakness and cautious consumer spending across the discretionary retail segment. For Q1 FY26-27, the company recorded revenue from operations of INR375 crores, compared...

Indian Exports Face Tariff Reversion as Temporary US Surcharge Expires on July 24 The temporary 10 percent Section 122 tariff imposed by the United States is set to expire on July 24, 2026. This expiry marks a significant inflection point for India’s merchandise exports to the US, setting the stage for a return to varied World Trade Organization (WTO) Most-Favoured-Nation (MFN) duty structures.The Section 122 provision, rarely used, allows temporary tariffs of up to 15 percent to address balance-of-payments deficits. Originally invoked following the Supreme Court striking down earlier tariff attempts under IEEPA, the administration’s temporary measure reached its statutory limit after 150 days.What Reverts as Section 122 Expires? At...

Nuvama Wealth Management Schedules Board Meeting and Earnings Conference Call for Q1 FY27 Nuvama Wealth Management Limited has scheduled its Board of Directors meeting and an subsequent earnings conference call to review the performance for the quarter ended June 30, 2026. The company will also consider raising funds through a private placement issuance of Non-Convertible Debentures (NCDs).The Board meeting is set for Thursday, July 30, 2026. Key items on the agenda include the approval of unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Additionally, the board is scheduled to consider raising funds through the issuance of Non-Convertible Debentures (NCDs) in one or more tranches under...

KELTECH Energies Ltd Announces Board Meeting to Approve Quarter End Financial ResultsKELTECH Energies Ltd has announced a meeting of its Board of Directors scheduled for Friday, July 31, 2026. The purpose of the meeting is to consider and approve the Un-Audited Standalone Financial Results of the Company for the quarter that ended on June 30, 2026.The Board meeting is set to take place at 11:00 a.m. Other agenda items to be discussed include any other business with the permission of the Chair.In addition to the board meeting announcement, KELTECH Energies Ltd confirmed that the closure of the Trading Window for its shares has been in operation since July 1, 2026. This trading closure is mandated by the Company's Internal Code of...

CRISIL Revises Credit Ratings for Hariom Pipe Industries Ltd CRISIL Ratings Limited has revised the credit ratings assigned to banking facilities belonging to Hariom Pipe Industries Ltd. The updates cover both Fund Based and Non-Fund Based arrangements, indicating changes in their stability status.The revisions pertain to the company's existing financial facilities, as detailed by CRISIL.According to the updated data, the rating for the Fund Based facility with a Long Term tenure has been revised from CRISIL A-/Watch Developing to CRISIL A-/Stable. For Non-Fund Based Short Term facilities, the rating remains CRISIL A2+.The specific ratings related to Hariom Pipe Industries Ltd are presented below:Bank FacilityTenurePrevious...

Automobile Products of India Ltd Subjected to Fine Over Minimum Public Shareholding Non-complianceAutomobile Products of India Ltd has faced a significant financial levy related to minimum public shareholding requirements. The company was informed by BSE regarding a fine amounting to Rs. 14,98,600/- (inclusive of GST) for non-compliance with the prescribed standards during the period spanning January 01, 2026, to May 07, 2026.The company's compliance status regarding Minimum Public Shareholding (MPS) was addressed following a recent equity allotment action. Automobile Products of India Ltd had allotted equity shares in connection with a Rights Issue conducted on April 28, 2026.Following the completion of the Rights Issue and...

JD Cables Awarded Significant Work Order for Cables & Conductors Worth Approximately Rs 18 Crores JD Cables Limited has been awarded a substantial work order from a reputed domestic entity, securing a contract for the manufacturing, testing, and supply of cables and conductors.The agreement outlines the supply of Cables & Conductors to a domestic client, which is described as a Reputed Government and Private Entity. The total consideration for this significant order amounts to approximately Rs 18.00 crores, inclusive of GST.According to the details provided regarding the contract, the execution of the order is scheduled for delivery by September 2026.Key details concerning the awarded work order are summarized below...

Alfa Ica India Ltd Board Meeting Scheduled to Review Q2 Results and MD Remuneration Revision Alfa Ica India Ltd has scheduled a meeting of its Board of Directors for August 8, 2026, to discuss the company’s quarterly performance and executive remuneration. The meeting is set to take place at the corporate office and will cover key operational and financial matters related to the quarter ended June 30, 2026.The agenda for the Board Meeting (02/2026-27) includes approving the Unaudited Financial Results of the company for the quarter ended June 30, 2026. The board members are expected to review these results along with a Limited Review Report issued by the Statutory Auditors.A significant item on the agenda is the revision of...

Citi Port Financial Services Ltd Reports Q1 Results for Quarter Ended June 30, 2026 Citi Port Financial Services Limited announced its unaudited financial results for the first quarter ended June 30, 2026. The Board of Directors approved and reviewed these results on July 23, 2026.The company's performance metrics across various income streams were reported in amounts measured in Rs. Lakhs, reflecting operational activity during the specified period.Key highlights from the Statement of Unaudited Financial Results are summarized below:MetricQuarter ended June 30, 2026 (Unaudited)Quarter ended March 31, 2026 (Audited)Quarter ended June 30, 2025 (Unaudited)Year ended March 31, 2026 (Audited)Interest Income20.8222.7318.5178.27...

Nikkei Plummets as Tech Fears and AI Spending Doubts Grip Global Markets Japan's stock market saw significant declines on Friday, with the Nikkei share average falling by more than 2%. The heavy sell-off was attributed primarily to resurfacing concerns over sustainability of intense technology spending and related AI infrastructure investments.The benchmark Nikkei was reported down 2.69% at 64,634.04 as of 0112 GMT. Meanwhile, the broader Topix index also slipped, closing at 4,002.09, a decline of 1.28%. The Nikkei has experienced downward pressure, having lost over 7% this month and entering correction territory last week.Global Tech Woes Drive Market Downturn The indices in Japan were heavily influenced by global market trends...

Oil Prices Brace for Rally: Geopolitical Tensions Surge as Red Sea Attacks Push Crude Near $120 Mark Crude oil prices are facing intense volatility this week as escalating geopolitical risks mount. Attacks by Iran-aligned Houthis on shipping in the Red Sea have stoked concerns over critical maritime chokepoints. This environment, combined with reduced supply from Kazakhstan, has driven upward pressure on global crude benchmarks.Geopolitical Risks Intensify Amid Red Sea Tensions Brent futures were poised for a significant weekly climb, fueled by heightened instability in the Middle East. Brent oil closed at $99.68 a barrel, down 1% or 81 cents at 0126 GMT, yet was still tracking towards a 13.5% rise this week.This surge follows...

Reliance Power Announces 32nd Annual General Meeting, Releases FY2025-26 Annual Report Reliance Power Ltd has announced the date for its 32nd Annual General Meeting (AGM) and made available the notice and the Annual Report for the financial year 2025-26. The AGM is scheduled to be held on Friday, August 14, 2026.The meeting is set to take place at 12:00 Noon (IST). Members will be able to attend the AGM through Video Conferencing (VC) or other Audio Visual Means (OAVM), removing the requirement for a physical gathering.For those members whose details are not registered with the Company, the Notice of the AGM along with the Annual Report 2025-26 is available for download. These documents can be accessed via the company's official...

Reliance Infrastructure Limited Announces 97th Annual General Meeting and Releases FY2025-26 Annual Report Reliance Infrastructure Limited has scheduled its 97th Annual General Meeting (AGM) and made available the Annual Report for the financial year 2025-26. The AGM is set to take place virtually, allowing members to transact business without physical attendance at a common venue.The company announced that the 97th AGM will be held on Friday, August 14, 2026, at 10:00 A.M. (IST). Members can attend the meeting through Video Conferencing (VC) or Other Audio Visual Means (OAVM).In addition to the notice of the meeting, members can access the Annual Report for the financial year 2025-26 via the company's official website...

Adani Enterprises Ltd Denies Reports of Plans to Launch an AirlineAdani Enterprises Ltd has issued a formal statement vehemently denying media reports and market speculation regarding its involvement in the airline industry. The company asserted that any suggestion pertaining to the launch of an airline is entirely baseless and factually incorrect.The corporation clarified that it is currently not evaluating any proposals or considering entry into the airline business.Adani Enterprises Ltd addressed the various circulating media reports, categorically refuting claims suggesting a plan for establishing an airline venture. The statement reaffirmed that these reports do not reflect the company's current operational interests or...

Dividend Bonanza: Wipro, DLF See Final Call as Investors Race Against Deadline for Corporate Payouts The stock markets are witnessing a crucial corporate action period for dividend-seeking investors. A group of approximately 12 companies, including IT major Wipro and real estate giant DLF, have fixed Monday, July 27, as the record date for their respective dividends. This deadline makes today a critical buying opportunity for any investor aiming to be eligible for these rewards.As per SEBI's T+1 settlement cycle, investors must purchase the shares at least one trading day before the declared record date. Missing this final trading session means missing out on the dividend payout scheduled for Monday. Therefore, today represents the...