Markets

Nestlé India Posts Robust Q1 Results; Reports 25.4% Sales Growth and Strong Double-Digit Performance Across All Product Groups Nestlé India Limited announced the results for the first quarter of the financial year 2026-2027, highlighting a strong performance underpinned by consumer trust and operational execution. The company reported a significant increase in sales and profitability across its diverse product portfolio.The Board of Directors approved the Q1 results, during which Nestlé India saw overall sales grow by 25.4%. Profit After Tax (PAT) for the quarter stood at INR 975.1 crore, representing a 47.9% increase compared to the corresponding quarter. The company maintained a healthy EBITDA margin of 24.2%, and Earnings Per Share...

Jubilant Ingrevia Grants 42,298 Stock Options Under Employee SchemeThe Nomination, Remuneration and Compensation Committee of Jubilant Ingrevia Limited approved the grant of stock options to eligible employees under the Jubilant Ingrevia Employees Stock Option Scheme 2021. This approval followed a meeting held on Wednesday, July 22, 2026.The committee authorized the granting of a total of 42,298 stock options to employees. These options were designated as either Restricted Stock Units (RSUs) or Performance Linked Stock Units (PSUs).Details regarding the granted options and associated terms are summarized below:ItemDetailTotal Options Granted42,298Type of GrantRestricted Stock Units (RSUs) and Performance Linked Stock...

Ricky Kirpalani and Associates Acquire Shares in Royal Orchid Hotels Ltd Ricky Kirpalani, along with several associated entities, has acquired a stake in Royal Orchid Hotels Ltd. The acquisition involves 13,78,457 shares of the hotel company, representing 5.03% of its total diluted share/voting capital.The acquirers include Ricky Kirpalani and his group, which consists of Haresh Keswani, Nikita Kirpalani, Johnny Kirpalani, Alisha Kirpalani, K2 Family Private Trust (through Vistra ITCL (India) Limited), First Water Capital, and First Water Capital Fund.The shares were acquired on 04.09.2023 through the open market.Details of the shareholding before and after this transaction are summarized below:MetricBefore...

Virendrabhai Ramchandra Gandhi Contributes Shares of Promoter Entities in Vadilal Industries Ltd. to IVG Trust Virilal Industries Limited has seen a transfer of equity shares from Mr. Virendrabhai Ramchandra Gandhi through various promoter group entities to IVG Trust. These contributions relate to three specific companies: Vadilal International Private Limited (VIPL), Vadilal Finance Company Private Limited (VFCPL), and Veronica Constructions Private Limited.The transfers, which took place on July 18, 2026, involved the contribution of shares held by Mr. Gandhi in each promoter entity to IVG Trust. These entities hold stakes in Vadilal Industries Ltd. (TC).Contributions across Promoter Entities:The specific contributions include...

Godavari Biorefineries Ltd Announces Earnings Conference Call for Q1 FY27 Godavari Biorefineries Limited has scheduled an earnings conference call to review its financial and operational performance for the quarter ended June 30, 2026. The event is set to take place on Friday, August 7, 2026, at 11:00 AM IST.The company's management will address investors and analysts during the conference call. The participants include Mr. Samir Somaiya, Chairman & Managing Director, and Mr. Ashish Sinha, AGM of Investor Relations and Finance.Details regarding the event for the analyst and institutional investor community are as follows:DetailInformationEventEarnings Conference CallReporting PeriodQ1 FY27 (Quarter ended June 30, 2026)...

Mukand Ltd Announces 88th AGM for 2025-26, Provides Weblink Access for Annual ReportMukand Ltd has announced that its 88th Annual General Meeting (AGM) is scheduled for Wednesday, August 12, 2026. The meeting will be conducted through Video Conferencing or other Audio-Visual Means.The company distributed the Annual Report 2025-26 electronically on July 20, 2026. For members who have not registered their email address with the Company or any depository participant, Mukand Ltd has made the complete details of the annual report available via a dedicated web link.Key details regarding the AGM and Annual Report are as follows:EventDate / TimeMode88th Annual General Meeting (AGM)Wednesday, August 12, 2026 at 11:30 a.m.Video...

Share Sale by Somabhai Virdas Patel in RR MetalMakers India Ltd Somabhai Virdas Patel, a Person Acting in Concert (PAC), has sold shares of RR MetalMakers India Ltd through the open market. The disposal was completed on July 21, 2026.The transaction indicates that Somabhai Virdas Patel sold 15,000 shares of the company's equity. This sale accounted for 0.16% of the total diluted share/voting capital of RR MetalMakers India Ltd.Prior to this disposal, the holding of Somabhai Virdas Patel stood at 29,566 shares, representing 0.32% of the company's total voting capital. Following the sale, his stake reduced to 14,566 shares, maintaining a 0.16% holding in the company.The transaction details and the resulting shareholding structure...

Chandresh Saraswat HUF Increases Stake in Yug Decor Limited Through Open Market Purchase Chandresh Saraswat HUF has acquired additional equity shares in Yug Decor Limited through an open market purchase on the Bombay Stock Exchange, raising its overall stake in the company.The acquisition took place on July 21, 2026. Chandresh Saraswat HUF, operating as a promoter group entity, purchased 20,700 shares of Yug Decor Limited, which have a face value of Rs. 10 each. This purchase increased the HUF's holding to 9,11,456 shares, moving its stake from 5.50% to 5.63% of the total issued and paid up equity share capital of Yug Decor Limited.The acquisition was executed through open market transactions on the SME Platform of the Bombay Stock...

Longthrive Capital VCCs Acquire Shares in M.R. Maniveni Foods Limited through Pre-IPO Anchor Investment Longthrive Capital VCC - Trendview Capital Fund and Longthrive Capital VCC - Gamma View Funds have acquired shares in M.R. Maniveni Foods Limited, representing a significant level of investment in the company's stock. The acquisition was executed through Pre-IPO and Anchor Investment on 29/05/2026.The acquirers, which do not belong to the Promoter group, successfully acquired 15,60,000 shares carrying voting rights in M.R. Maniveni Foods Limited. This transaction resulted in an ownership stake of 7.97% relative to the total share/voting capital prior to the acquisition, and 0% against the diluted share/voting capital.The...

Samvardhana Motherson Subsidiary Completes Buyback of Shares in Japanese Company YGCL Samvardhana Motherson International Limited has successfully concluded the transaction involving the acquisition of shares in Yutaka Giken Co., Ltd. (YGCL). The completion was achieved on July 21, 2026.The buyback involved Motherson Global Investments B.V. (MGI BV), an indirect wholly owned subsidiary of Samvardhana Motherson International Limited, purchasing the shares from Honda Motor Co., Ltd.This transaction is part of a broader acquisition process that initially informed stakeholders regarding the acquiring of stakes in YGCL and Shinnichi Kogyo Co., Ltd. Following preliminary announcements on August 29, 2025, this acquisition has progressed...

Bullion Prices Surge as US-Iran Tensions Ignite Global Rally, Driving Gold and Silver High Bullion prices witnessed a significant rally in early trading on July 22. The surge was heavily influenced by renewed safe-haven buying spurred by ongoing geopolitical uncertainties. This volatility has driven international demand for precious metals, setting the tone for global bullion markets.International Bullion Prices Surge Amid Global Uncertainty International spot gold saw a notable jump, increasing by 1.34 percent during the morning trade on Comex. Gold settled at $4,131 per ounce.Simultaneously, silver also gained ground in the commodities market. Silver prices rose by 1.32 percent, trading at $59.89 per ounce as of the morning...

NTPC Ltd Set to Host 22nd Annual Analysts and Institutional Investors Meet in MumbaiNTPC Limited has scheduled its 22nd Annual Analysts and Institutional Investors Meet, which is set to take place in Mumbai on July 27, 2026. The event provides an opportunity for the company's management team to interact directly with industry analysts and institutional investors.The meeting will be held in Mumbai, offering a platform for NTPC Limited’s leadership to engage with the financial community. This annual gathering is designed to facilitate discussion between the Company's Management and Analysts and Institutional Investors.NTPC Stock Price Movement As of 10:27 AM, shares of NTPC Limited are slipping by 0.34% in live trading, currently...

Manba Finance Launches Battery Replacement Loans, Targeting Livelihood Protection in EV Ecosystem Manba Finance Limited, a leading vehicle financing non-banking financial company (NBFC), has introduced a dedicated Battery Replacement Financing product aimed at electric three-wheeler owners. The new loan offering is designed to finance the purchase of replacement lithium-ion batteries for e-rickshaw and e-cart operators, significantly deepening Manba's engagement within the rapidly growing EV ecosystem in India.The launch addresses a critical operational challenge faced by lakhs of e-3W drivers across the country. Since the battery is often the largest recurring expense and has a working life shorter than the vehicle itself, a failing...

Infosys Revenue Expected to Surge as Margins Stabilize; Analysts Weigh In on FY27 Guidance and AI Momentum Infosys, India's second-largest IT services company, is set to announce its June quarter (Q1FY27) results on Thursday, July 23. The market will be closely focused not just on the headline figures but also on the company's future strategic trajectory. Investors are looking for clarity regarding FY27 guidance amidst an uncertain global demand environment and the integration of recent acquisitions like Optimum Healthcare IT and Stratus.Expected Revenue and Net Profit Figures Brokerages have set clear expectations for Infosys’ Q1 earnings. The company is anticipated to post strong double-digit year-on-year revenue growth. Estimates...

Rajesh Power Services Secures Rs 40.58 Crores Turnkey Contract from PGVCL Rajesh Power Services Ltd has secured a significant domestic contract worth Rs 40.58 Crores (including taxes) with Paschim Gujarat Vij Company Limited (PGVCL). The contract involves the turnkey execution of works related to a System Improvement (SI) Scheme under Jamnagar Circle of PGVCL.The order pertains to the Supply, Installation, Testing and Commissioning of 11 kV Medium Voltage Covered Conductor (MVCC), along with its accessories and allied items, for an 11KV feeder. The contract is designated as a turnkey-based service provided by the company.Rajesh Power Services Ltd confirmed that the entity awarding the order is domestic, and the nature of the...

Vedanta Stock Plunges on Disclosure of High-Value Disputes with ONGC and DG Hydrocarbons Shares of Vedanta Oil & Gas witnessed a significant decline, falling up to 3.4% to reach Rs 33.66 on the BSE on Wednesday. The sharp movement followed the company's disclosure regarding two substantial legal matters involving the Oil and Natural Gas Corporation Limited (ONGC) and the Directorate General of Hydrocarbons (DGH), Government of India.The disclosures relate to ongoing contractual and arbitration issues, signaling potential financial impacts that Vedanta is actively managing through appropriate legal channels.Detailed Look at DGH Dispute over Open Acreage Blocks In one primary matter, Vedanta Oil & Gas reported receiving demand letters...

Brightcom Group Reports Strong Growth in AdTech Sector; Highlights Operational Expansion and Defence Division Launch Brightcom Group Limited (Formerly Lycos Internet Limited) has announced its audited financial results for the quarter and year ending March 31, 2026, showing significant growth across its global advertising technology operations. The company reported a substantial increase in revenue and profits, alongside major strategic advancements in both AdTech and defense technologies.The consolidated results demonstrate robust performance in the advertising ecosystem. For the fiscal year (FY) 2025-26, the Company recorded Revenue from Operations of ₹6,928.06 Crores, a considerable increase compared to ₹5,146.67 Crores reported in...

Rupee Plunges Against Dollar as Geopolitical Tensions Spike Oil Prices and Safe-Haven Demand The Indian rupee weakened against the US dollar in early trading on Wednesday, registering a decline of 11 paise to settle at 96.36 at the interbank foreign exchange market. This move comes amid heightened geopolitical instability, with crude oil prices climbing due to renewed tensions between key global actors. Investors are increasingly gravitating toward safe-haven assets, driving up demand for the US dollar.Global Oil Prices Surge Amid Red Sea and Hormuz Strait Concerns Concerns regarding the security of oil shipments through critical maritime routes like the Red Sea and the Strait of Hormuz continue to fuel crude oil prices globally...

Vinati Organics Board Meeting Scheduled to Approve Unaudited Financial Results for Q1A meeting of the Board of Directors of Vinati Organics Ltd. has been scheduled for Wednesday, July 29, 2026. The primary agenda item for the meeting is the consideration and approval of the company's unaudited financial results (both standalone and consolidated) for the quarter ended June 30, 2026, along with the Limited Review Report pertaining to these results.The scheduled board review will allow stakeholders to view the company’s performance metrics for the specified period.In connection with internal trading protocols, Vinati Organics previously announced that a "Trading Window" was closed for all designated persons and their immediate...

Rallis India Ltd Completes Tenure of Two Independent Directors Rallis India Limited announced that Ms. Padmini Khare Kaicker and Dr. C. V. Natraj have ceased to be Independent Directors of the company following the completion of their second consecutive term. The changes became effective from July 22, 2026.The two directors, who were part of Rallis India Limited’s board, concluded their designated tenure on this date. This transition marks a change in the composition of the company's independent director body.Details regarding the completion of the terms for both Ms. Padmini Khare Kaicker and Dr. C. V. Natraj are as follows:ParticularsMs. Padmini Khare KaickerDr. C. V. NatrajReason for changeCompletion of second consecutive...