Markets

Vijaya Diagnostic Centre Limited Allots 100,987 Equity Shares Under ESOP PlanVijaya Diagnostic Centre Limited has announced a significant increase in its issued share capital following the allotment of equity shares to employees who exercised options under the VDCL Employee Stock Option Plan 2018. The allotment was approved by the Nomination and Remuneration Committee of the company's Board of Directors.The issuance of 100,987 equity shares, each having a face value of ₹1/-, led to an increase in the issued, subscribed, and paid-up equity share capital of the Company. Prior to this allotment, the capital stood at ₹10,28,96,728/-. Following the successful allotment, the total paid-up capital increased to ₹10,29,97,715/-.The shares...

Dr Reddy's Laboratories Releases Audio Recording of Earnings Call for Quarter Ended June 30, 2026 Dr Reddy's Laboratories Ltd has made available the audio recording of its recent earnings call, pertaining to the quarter ended June 30, 2026. The earnings call was conducted on July 22, 2026.The company provided stakeholders with access to the complete audio recording, enabling them to review discussions from the event. This release provides a dedicated link for accessing the material.DRREDDY Stock Price Movement On Wednesday, shares of Dr. Reddy's Laboratories Limited shed value, slipping 2.16% to close at ₹1182.8 after trading a loss of ₹26.10 from previous levels. The stock finished with substantial movement, seeing a volume of...

Deepak Builders Completes Redevelopment of Jalandhar Cantt. Railway StationDeepak Builders & Engineers India Limited has successfully completed the redevelopment and construction of Jalandhar Cantt. Railway Station, a project executed for Indian Railways. This successful completion marks a significant milestone in the company's infrastructure portfolio.The redeveloped station now operates as a modern transportation hub. The project incorporated various upgrades, including improved circulation facilities, upgraded platforms, enhanced accessibility features, contemporary architectural elements, and advanced public utility infrastructure. These enhancements were designed to ensure high standards of engineering excellence, safety...

Patel Retail Limited Commissions New Production Line for Curry Powder, Boosting Capacity Patel Retail Limited has enhanced its manufacturing capabilities with the commissioning of a new Curry Powder Production Line at its facility. The line is designed to meet growing domestic and international demand, bolstering the company's operational efficiencies and product availability.The new production line boasts a capacity of 8 Ton per shift and commenced commercial production on Thursday, July 23, 2026. This expansion aims to improve operational efficiency, broaden the product portfolio, and support future business growth by catering to increasing customer demand in both domestic and export markets.The company invested approximately Rs...

ALUWIND INFRA-TECH LIMITED Approves Key Management Changes, Outlines Capacity Expansion into Solar Facade Industry ALUWIND INFRA-TECH LIMITED, formerly Aluwind Architectural Limited, announced several strategic decisions following a Board of Directors meeting held on Wednesday, July 22, 2026. The board approved the appointment of new management personnel, noted significant transitions in key roles, and detailed plans for a major expansion into the facade and solar industry.Among the operational approvals were the appointment of M/s Inani & Associates as Internal Auditors for financial years spanning 2026-28. Furthermore, Ms Yashi Gupta was appointed as Company Secretary and Compliance Officer designated as Key Managerial Personnel...

HPCL Releases Quarterly Results: Net Loss Stands Firm As Operating Margins Face Pressure Hindustan Petroleum Corporation Limited (HPCL) has released its unaudited financial results for the quarter ended June 30, 2026. The results show a net loss across both standalone and consolidated operations. The company also provided detailed data on operational performance, key ratios, and related disclosures.The Board of Directors reviewed and approved these results in a meeting held on July 22, 2026.Quarterly Financial Performance Snapshot (Q Ended June 30, 2026) The financial performance across the quarter saw HPCL report a net loss in both standalone and consolidated figures.MetricStandalone (in Crore)Consolidated (in Crore)Total...

Nippon Life India Asset Management Reports Strong Q1 FY27 Results with Profit After Tax Rising 27% Nippon Life India Asset Management Limited has reported robust financial results for the quarter ended June 30, 2026. The company reported significant growth across its key metrics, highlighted by a rise in Profit after Tax (PAT).In line with the latest business highlights released, Nippon Life India Asset Management achieved total income of INR 9.37 billion and reported an operating profit of INR 4.94 billion for Q1 FY27. The company's Profit after Tax stood at INR 5.04 billion, marking a 27% increase year-on-year.Financial Performance Snapshot (Consolidated Results)The consolidated financial results reflected continued growth in...

Schaeffler India Announces Financial Results for Half-Year; Appoints Amit Dinesh Bhalerao as Chief Operating Officer Schaeffler India Limited has announced its unaudited financial results for the quarter and half year ended June 30, 2026. The company also confirmed the appointment of Mr. Amit Dinesh Bhalerao to a senior executive position following the board meeting held on July 22, 2026.The Board of Directors approved the unaudited financial results for both the standalone and consolidated entities for the half year ending June 30, 2026.Key Personnel Appointment Mr. Amit Dinesh Bhalerao has been appointed as Chief Operating Officer and Senior Management Personnel (member of the Executive Leadership Team) of Schaeffler India...

Foreign Capital Surge Fuels Revival of Indian Economic Confidence Amid Global Instability The Reserve Bank Bulletin reported on Wednesday that India continues to navigate external uncertainties exceptionally well, with the recovery in foreign investments signaling a significant revival of confidence within the domestic economy. Despite prevailing global headwinds stemming from fragile geopolitics and supply chain pressures, the central bank noted that India remains among the fastest-growing major economies globally.Foreign Portfolio Inflows Signal Confidence Boost The article highlighted that external vulnerability indicators remain sound, underscoring the growing investor trust in the nation’s stability. Net inflows of foreign...

Elon Musk Fuels Merger Talk: Tesla-SpaceX Integration Speculation Surges After CEO Leaves Door Open Speculation over a potential merger between Tesla and SpaceX received a significant boost following comments from Tesla CEO Elon Musk during the electric vehicle maker's earnings call. Musk declined to outright rule out combining the two companies, instead confirming that collaboration across multiple areas between the firms continues to deepen substantially.While stressing that discussions about merging businesses cannot occur on an earnings call and must follow appropriate corporate processes, his remarks have reignited a long-running investor debate over unifying his electric vehicle and space exploration enterprises into a single...

Hindustan Zinc Limited receives "Strong" rating from Crisil ESG Ratings Hindustan Zinc Limited has been assessed by Crisil ESG Ratings & Analytics Ltd, resulting in an Environmental, Social & Governance rating designated as 'Crisil ESG 62'. The ranking places the company within the "Strong" category based on the evaluation provided by the agency.The assessment was conducted by Crisil ESG Ratings, a SEBI registered ESG Rating Provider. Hindustan Zinc Limited has confirmed that it did not engage Crisil ESG Ratings for this rating; the report was prepared independently by the rating provider utilizing publicly available information and disclosures regarding the company's operations.The independent assignment of the ESG rating...

HEG Limited Approves Quarterly Results, Initiates Name Change to Reflect Advanced Materials Focus HEG Limited has announced its unaudited financial results for the quarter ending June 30, 2026. The results were approved by the Board of Directors, alongside an update regarding the company's strategic shift and a pending name change application that aims to accurately reflect its focus on advanced manufacturing and specialized materials.The board meeting held on July 22, 2026, approved the financial performance for both the standalone entity and the consolidated group. Meanwhile, management has moved to redefine the corporate identity, proposing a shift in focus from general "Greentech" initiatives toward advanced capabilities in...

Trust Fintech Limited Announces CFO Transition: Mr. Anand Shankar Kane Resigns as Mrs. Sandhya Gulhane is Appointed Trust Fintech Limited has announced a change in its senior leadership, confirming the resignation of its Chief Financial Officer (CFO) and appointing Mrs. Sandhya Gulhane as the new CFO. These transitions were approved during the company's Board meeting held on July 22, 2026.Mr. Anand Shankar Kane resigned from the post of CFO, effective from the close of business hours on Wednesday, July 22, 2026. Mr. Kane had previously served as a Director and CFO at the company. His resignation was tendered following his Resignation Letter dated July 15, 2026. The reason cited for the change is to enable him to focus on Business...

Antarctica Limited Appoints Mitkumar Dashrathbhai Chandel as Additional Director Antarctica Limited has appointed Mr. Mitkumar Dashrathbhai Chandel as an Additional Director of the company, subject to shareholder approval. The appointment was made on May 25, 2026, based on the recommendation of the Nomination and Remuneration Committee.Mr. Chandel, who is not related to any existing directors in the company and holds no shareholding in Antarctica Limited, possesses practical knowledge encompassing corporate documentation, operational planning, resource management, and regulatory coordination.In addition to his directorship role, Mr. Chandel has professional experience in Agriculture Operations & Farm Management spanning 1.5 years...

Shyam Metalics and Energy Limited clarifies Book Closure purpose and Final Dividend Record Date Shyam Metalics and Energy Limited has provided clarification regarding its recently submitted Board Meeting outcome, specifying the sole purpose of the upcoming book closure and setting the record date for the final dividend payment.The company announced that the closure of the Register of Members and Share Transfer Books will take place from Wednesday, August 19, 2026, to Tuesday, August 25, 2026. This book closure is designated exclusively for the purpose of conducting the Company's 24th Annual General Meeting (AGM).In addition to the AGM requirements, Shyam Metalics and Energy Limited has set a specific record date for determining...

Sumeet Industries Limited Board Approves Allotment of Rights Equity Shares, Boosts Capital Sumeet Industries Limited announced that its Board of Directors has approved the allotment of Rights Equity Shares following a rights issue, resulting in a significant increase in the company's paid-up Equity Share Capital.The approval was formalized by the Board meeting held on June 22, 2026. In line with the pre-defined Letter of Offer dated June 08, 2026, and finalized basis of allotment, Sumeet Industries Limited approved the issue of 16,84,24,217 Rights Equity Shares.The shares were allotted for cash at an issue price of Rs. 11.86/- per share, carrying a face value of Rs. 2/- each. The allotment process was managed by Bigshare Services...

Music Broadcast Limited Announces Q1 FY27 Results; Total Income Reaches 5,274.41 Lakhs Music Broadcast Limited has reported its Unaudited Financial Results for the quarter ended June 30, 2026. The results reflect performance metrics across the first quarter (Q1) and provide a detailed view of operations against previous quarters and the full financial year ending March 31, 2026.The company reported Total Income of 5,274.41 lakh in the quarter ended June 30, 2026, while Revenue from operations stood at 4,454.32 lakh and Other income amounted to 820.09 lakh. For this quarter, the company reported a profit for the period of 922.25 lakh, with Earnings per share (Basic and Diluted) standing at 0.27.A comparative look at the performance...

ICRA Assigns Ratings for Credit Facilities of Swan Defence and Heavy Industries Limited Swan Defence and Heavy Industries Limited, formerly known as Reliance Naval and Engineering Limited, has received credit ratings from ICRA Limited for its various debt instruments. The rating announcement pertains to the company’s long-term facilities and unallocated limits.The financial parameters were reviewed by ICRA Limited, resulting in ratings assigned on July 21, 2026. These assignments cover a total of ₹2,650.00 crore across two key areas: term loans and unallocated limits.Details of the facilities and their corresponding ratings are provided below:InstrumentRated Amount (in Rs. Crore)Rating ActionLong term Fund based Term...

Kospi Bounces Back: Chipmakers Surge as Global Tech Spending Signals Rally Despite Market Turmoil South Korea’s stock market experienced a significant recovery on Thursday, with the benchmark Kospi jumping 4%. This marks the third consecutive rally for the index. The rebound was largely driven by robust performance in chip stocks and optimistic outlook from US technology giants.However, despite the positive momentum, the stock market remains highly volatile. Kospi, which is noted as a world-leading equity benchmark, is currently still operating within a bear market structure. The index stands significantly down, over 24% from its high of 9,386 reached in June.Chip Boom Drives Recovery and Boosts Key Blue Chips The immediate rally...

Lohia Corp IPO Smashes Expectations: Grey Market Premium Suggests Massive Listing Surge as Technical Textile Giant Seeks Capital Infusion Lohia Corp, a key player in the global machinery market for technical textiles, is set to open its Initial Public Offering (IPO) on July 23. The issue is valued at Rs 1,101.28 crore and has attracted notable interest in the grey market, suggesting strong enthusiasm from prospective investors.The IPO structure is entirely an Offer for Sale (OFS), comprising over 2.59 crore equity shares. This means that the proceeds generated from the listing will be distributed to existing shareholders rather than providing capital injection directly into the company. The public subscription window is open from July...