Markets

Azad Engineering Delivers First Expendable Indigenous Turbo Jet Engine to Defence Agencies Azad Engineering Limited has completed a significant achievement in India's aerospace sector, delivering its first expendable indigenous turbo jet engine to DRDO (Defence Research and Development Organisation) and the Ministry of Defence, Government of India. The delivery follows the manufacturing and assembly of the various components of the engine.The company's successful completion marks a key milestone for India's journey toward self-reliance in propulsion technology. This achievement underscores Azad Engineering’s proficiency in advanced engineering, precision manufacturing, and complex aero-engine systems. By delivering this capability...

Adani Green Energy Reports Robust Q1 FY27 Results, Driven by 33% YoY EBITDA Growth and Strong ESG Performance Adani Green Energy Limited (AGEL) reported consistent robust financial performance for the quarter ending June 30, 2026. The company recorded a significant rise in revenue, operating income, and cash profit, underpinned by substantial capacity additions and high operational efficiencies across its renewable portfolio.The company's consolidated financial results showed a healthy increase in revenue from power supply, EBITDA, and Cash Profit, all growing substantially year-on-year (YoY).Financial Highlights for Q1 FY27:Revenue from Power Supply: ₹4,280 Cr, marking a 29% YoY increase. EBITDA from Power Supply: ₹4,122 Cr...

TSC India Limited Receives Gold Award from Air Canada in Recognition of Performance TSC India Limited has been recognized with the "Circle of Excellence Gold 2026" Award by Air Canada, celebrating the company's exceptional performance and sustained commitment. The prestigious award highlights TSC India’s outstanding work and continued strong partnership with Air Canada.The "Circle of Excellence Gold 2026" is a significant acknowledgment of the dedication demonstrated by the organization. This recognition serves as a reflection of the passion, teamwork, and relentless efforts put forth by the entire TSC India family.TSC India Limited extended its gratitude to Air Canada for their trust and continuous support, celebrating the...

Mahindra Holidays Appoints Ashley Thomas as Internal Auditor Mahindra Holidays & Resorts India Limited has appointed Mr. Ashley Thomas as its Internal Auditor. The appointment was made by the company's Board of Directors following a meeting held on Wednesday, July 22, 2026, and was recommended by the Audit Committee.Mr. Thomas’s appointment is effective from July 22, 2026. His tenure as Internal Auditor is set to last up to the conclusion of the Q4 FY 2027 Board Meeting.The decision reflects a focus on strengthening corporate governance and internal controls within the organization.Key details regarding the appointment are summarized below:DetailInformationAppointeeMr. Ashley ThomasEffective DateJuly 22, 2026TenureUp...

Trishakti Industries Approves Strategic Expansion into Wind Energy Rental Sector, Releases Quarterly Results Trishakti Industries Limited reported its Unaudited Financial Results for the quarter ended June 30, 2026. The company's Board of Directors approved key strategic initiatives, including a planned entry into the wind energy equipment rental sector and expansion into international markets in the United Arab Emirates (UAE) and Kingdom of Saudi Arabia (KSA).During the board meeting held on July 22, 2026, directors reviewed and approved the Unaudited Financial Results (both Standalone and Consolidated) for the quarter. The Board also sanctioned significant strategic shifts for the company.The newly approved strategy involves...

Mukesh Babu Financial Services Schedules Board Meeting to Review Q1 Results and Sets Trading Window Mukesh Babu Financial Services Ltd has scheduled a meeting of its Board of Directors on July 31, 2026. The meeting is set to transact matters related to the company's performance during the first quarter of the fiscal year.The agenda for the board meeting includes considering and approving the un-audited Financial Results (both Standalone and Consolidated) for the quarter that concluded on June 30, 2026. Any other business may also be discussed with permission from the chair.In addition to the board activity, the company has established specific trading restrictions in accordance with its Code of Practices and Procedure for Fair...

Tips Music Reports 21% Year-on-Year Revenue Growth in Q1 FY27; Focus on Content Expansion Mumbai: TIPS Music Ltd., formerly known as Tips Industries Ltd., has reported its financial results for the quarter ending June 30, 2026. The music label announced strong revenue growth, achieving a 21% year-on-year increase in Revenue from Operations. However, Profit After Tax (PAT) saw a slight decline of 4%.The company's performance reflected a commitment to expanding its content portfolio, supported by both digital and non-digital segments. The Board of Directors has scheduled a separate meeting on August 5th to consider the buy-back of shares.Q1 FY27 Financial Snapshot TIPS Music Ltd.'s key financial figures for Q1 FY27 are summarized...

Aye Finance Approves Plan for Raising Up To INR 4,000 Crore Through Non-Convertible Debentures Aye Finance Limited (formerly Aye Finance Private Limited) announced on Wednesday, July 22, 2026, that its Board of Directors had approved a proposal to raise funds through the issuance of Non-Convertible Debentures (NCD). The company aims to raise up to INR 4,000 Crore in one or more tranches through a private placement basis.The approval comes following a meeting of the Board of Directors, which was held on July 22, 2026. The proposal allows for raising the funds within a period of one year from the date of Shareholders' approval during the upcoming Annual General Meeting (AGM).Details regarding the proposed issuance include:Security...

Adani Power Reports Strongest Quarter Performance; Announces Plan to Boost Borrowing Limits to Rs 100,000 Crore Ahmedabad: Adani Power Limited (APL) announced its unaudited financial results for the first quarter of financial year 2026-27, reporting a significant jump in profitability and solidifying its position as a leading entity in the Indian power sector. The company reported Q1 FY27 figures that reflect robust operational execution amid rising energy demand.The Board of Directors approved the Q1 results on July 22, 2026. The financial performance demonstrated a strong trend, with APL reporting its highest ever quarterly EBITDA on a continuing basis.Financial Highlights for Q1 FY27 APL's operating segments showed steady growth...

Williamson Magor & Co. Limited Announces Resignation of Two Non-Executive Directors Williamson Magor & Co. Limited has announced the resignation of two directors, Mr. Javed Hossain and Mr. Dillip Kumar Parida, from their positions as Non-Executive and Non-Independent Directors of the company. Both resignations are effective from July 22, 2026.The changes in the Board relate to personal reasons. Mr. Javed Hossain tendered his resignation due to other personal obligations. Meanwhile, Mr. Dillip Kumar Parida cited increasing personal commitments as the reason for stepping down from the directorship.Details regarding the resignations and the directors are summarized below:ParticularsMr. Javed Hossain (DIN: 11061836)Mr. Dillip Kumar...

Oxygenta Pharmaceutical Ltd Announces Board Meeting to Review Q1 Financials and Limited Review Report Oxygenta Pharmaceutical Ltd has scheduled a Board Meeting on Saturday, July 25, 2026. The meeting is set at the company's corporate office and is intended to review key operational and financial aspects of the business.The agenda items for the board include the un-audited financial results corresponding to the quarter that ended June 30, 2026. Additionally, the meeting will focus on the Limited Review Report prepared for the same quarter. The board members will also address any other business as permitted by the Chair.Stock Price Movement Oxygenta Pharmaceutical Ltd shares settled at ₹49.98 today, climbing 2.21% as trading wrapped...

Liberty Shoes Limited Faces Scrutiny Over Promoter Reclassification Requests Liberty Shoes Limited is addressing regulatory observations concerning the handling of requests from promoter shareholders seeking reclassification of their shareholding status. The scrutiny relates to the process followed regarding the promoters' requests, which were submitted in 2024.The company received requests on March 23, 2024, from Shri Arpan Gupta (in his individual capacity) and as Karta of Dinesh Kumar Gupta HUF. These members of the promoter and promoter group sought to have their shareholding reclassified from the "Promoter and Promoter Group" category to the "Public" category, according to applicable regulations.The company's Board of Directors...

Government Unlocks Massive Boost for Livestock and Dairy Sector as Nation Accelerates Animal Welfare Initiatives The Ministry of Fisheries, Animal Husbandry and Dairying has laid out a comprehensive set of national strategies aimed at significantly strengthening animal healthcare services across India. The government's initiatives span from veterinary disease control and economic expansion via dairy cooperatives to establishing a statutory framework for humane stray dog management.Enhancing Veterinary Services Through National Programmes A focused effort is underway through the Livestock Health and Disease Control Programme, ensuring robust protection against major livestock health threats. The Department of Animal Husbandry &...

Mideast Integrated Steels Reports Post-Restructuring Shareholding Pattern as of July 13, 2026 Mideast Integrated Steels Limited has disclosed its shareholding pattern following a capital restructuring process that involved inter-se transfers between promoter group entities. The report details the company's equity structure as of July 13, 2026, with an allotment date recorded on July 03, 2026.The declaration confirms the post-capital restructuring shareholding status and provides a comprehensive breakdown of shareholder categories, including promoter group holdings, public shareholders, and institutional investors.Shareholding Structure Snapshot Based on the reporting data, the total equity shares of Mideast Integrated Steels Limited...

Adani Green Energy Reports Q1 FY27 Results; Operational Capacity Reaches 20.1 GW Adani Green Energy Limited (AGEL) announced its unaudited financial results for the first quarter of fiscal year 2027 (Q1 FY27) ended June 30, 2026, demonstrating robust growth across operations and financials. The company reported a significant increase in renewable power generation capacity, reaching 20,142 MW, while operational performance led to industry-leading margins and strong revenue growth.The results reflect the scaling of AGEL's renewable energy portfolio and successful execution of strategic initiatives. The company also confirmed changes within its senior management team during the quarter.Key Financial Highlights (Consolidated) AGEL’s...

Foreign Investors Pull Back From Adani Enterprises: Domestic Institutions Lead Shift as Holdings Hit Near 2014 Low A significant shift is underway in the ownership structure of Adani Enterprises, Gautam Adani’s flagship company. New data indicates a notable reduction in exposure from Foreign Portfolio Investors (FPIs) over the past quarter. This trend marks a crucial pivot in institutional interest within the corporate giant's shares.FPI Holdings Plunge to Lowest Level Since 2009 Prime Infobase reports that FPI holdings in Adani Enterprises stood at 8.8% at the close of the June quarter. This figure represents a substantial reduction from previous levels and marks the lowest level registered by foreign institutional investors since...

Prima Agro Ltd: Board Meeting Scheduled for July 31, Focus on Financial Approvals and Corporate Restructuring Prima Agro Limited has scheduled a meeting of its Board of Directors set for Friday, July 31, 2026. The agenda includes several critical items related to the company's financial performance, corporate documents, and future planning.The Board Meeting is due to be held at 02:00 PM IST at the Registered Office of the Company in Muppathadam. Key items slated for consideration include approving the Un-audited Financial Results for the quarter ended June 30, 2026, as well as the Annual Report and Board's Report alongside the Audited Financial Statements for the Fiscal Year ending March 31, 2026.The meeting will also address the...

Vardhman Special Steels Limited Posts Q1 Results: Revenue Stands at 48,600.70 Lakhs Vardhman Special Steels Limited has released its unaudited financial results for the quarter ended June 30, 2026. The Company operates in a single segment: manufacturing of steel products.The management and Board of Directors approved these statements on July 24, 2026. A Limited Review Report by statutory auditors was also completed.Financial Performance Highlights (Rs. in Lakhs) The following table details the unaudited financial results for the quarter ended June 30, 2026, along with comparative figures from previous periods.Particulars30.06.2026 (Unaudited)31.03.2026 (Refer note-3)30.06.2025 (Unaudited)31.03.2026 (Audited)Revenue from...

Oil Prices Surge Past $95 as Conflict Threatens Global Transit Routes from Strait of Hormuz to Bab el-Mandeb Oil prices rocketed higher, climbing toward a near six-week high on Wednesday amid severe mounting concerns about supply route disruptions. Escalating hostilities between the U.S. and Iran, coupled with threats posed by the Iran-backed Houthi militia in Yemen, are driving crude benchmarks up rapidly.Brent crude futures surged 4.2%, reaching $94.83 a barrel at 0938 GMT after touching a session high of $95.24. U.S. West Texas Intermediate (WTI) crude also climbed significantly, moving up 4.33% to $87.99. Both major benchmarks are now operating at their highest levels since June 11.Geopolitical Instability Fuels Oil Price Rally...

₹1,012 Crore Project Greenlights Manufacturing Boom: Government Approves Major Electronics Clusters in Tamil Nadu The Indian government has significantly bolstered its push for self-reliance in electronics by approving two crucial Electronics Manufacturing Clusters (EMCs) in Tamil Nadu. These clusters, spanning 474.3 acres at Manallur and 379.3 acres at Pillapaikkam, represent a project investment valued at ₹1,012 crore. This move underscores the nation's aggressive commitment to strengthening its electronics ecosystem across key states.This initiative comes as India cements its status as a global manufacturing power. The comprehensive support for domestic production is evidenced by the fact that nearly 99.2% of mobile phones sold in...