Markets

Umiya Tubes Ltd states share price movement is market driven amid media criticism Umiya Tubes Ltd addressed concerns regarding the recent significant movement in its stock price, stating that the fluctuation is entirely driven by prevailing market conditions and not by any undisclosed price-sensitive information related to the company.The company confirmed that it has adhered to necessary disclosures as required concerning its financial affairs. Umiya Tubes clarified that there is no non-public sensitive information bearing on the affairs of the company that has yet to be intimated to Stock Exchanges, asserting that market conditions are solely responsible for the stock price movements.The company also brought to stakeholders'...

Incident at NHPC Teesta VI HE Project Causing Casualties in Sikkim An unfortunate incident occurred at the underconstruction site of the NHPC Teesta Stage VI Hydroelectric Project, located in Samardung, South Sikkim. The incident took place on July 20, 2026, at 1.04 P.M.The project suffered an explosion inside the Head Race Tunnel (HRT) after suspected methane gas trapped or embedded within the rocks suddenly burst, leading to the generation of dense fumes and toxic gases.Upon the incident, the project team immediately activated its emergency response protocols. The rescue operations are ongoing and involve close coordination with various agencies, including the district administration, National Disaster Response Force (NDRF), State...

Trent Ltd Clarifies Media Reports Regarding Westside Growth Aspirations Trent Limited has issued a clarification in response to media articles published on July 20, 2026, concerning its Westside business operations. The company addressed reports stemming from an interaction involving one of its senior leaders.Trent stated that the referenced comments were made within the context of exploring the potential and growth aspirations of the Westside brand and the broader market opportunity it represents. Consequently, Trent cautioned that these remarks should not be construed as any form of forward-looking guidance for the Westside business.The company reiterated that all material information relevant to the operations and performance of...

Nanta Tech Ltd Partners with GM BIOVALLEY SDN BHD for Robotics and Automation Market in Southeast Asia Nanta Tech Limited has entered into a Memorandum of Understanding (MoU) with GM BIOVALLEY SDN BHD to drive the introduction, commercialization, deployment, and development of robotics and automation solutions across Malaysia, Brunei, and Singapore. The agreement was executed on 20 July 2026 between the two companies.The MoU signifies an international collaboration focused on enhancing the adoption of advanced technologies in Southeast Asia. The scope of the business operation encompasses robotics, automation, and intelligent systems, as mutually agreed upon by both Parties.According to the terms outlined in the MoU, this...

Bajaj Auto Shares Soar as Consolidated Net Profit Jumps 46% Amid Revenue Surge Financial Performance Analysis: Q1 FY27 Results Deliver Strong Growth Trajectory Bajaj Auto Ltd on Tuesday announced a robust set of consolidated earnings for the first quarter of fiscal year 2027. The two-wheeler and three-wheeler manufacturer witnessed significant year-on-year increases across its core financial metrics. This performance underlines the company's strong market position and operational efficiencies in the challenging automotive sector.The company reported a consolidated net profit amounting to ₹3,225.63 crore for the June quarter. This represents a substantial rise of 45.9 percent compared to the same period in the previous year. The...

Directors and Key Personnel Re-appointed at Latent View Analytics Limited for Five-Year Terms Latent View Analytics Limited has finalized the re-appointment of four directors following a postal ballot conducted by its shareholders. The decisions focus on strengthening both the executive leadership and independent oversight of the company, with terms set for five consecutive years.The reappointments include two Independent Directors (IDs) set to take effect in July 2026, alongside the extension of roles for the Whole-Time Director and Chairperson, Mr. A.V. Venkatraman, and the Whole-Time Director, Ms. Pramadwathi Jandhyala.Key Appointments and Terms The following table outlines the reappointments approved by the shareholders...

Gas Leak and Explosion Incident at Patel Engineering Ltd's Samardung Tunnel Project in North Sikkim An incident occurred at the Samardung Tunnel project in North Sikkim involving a gas leak, which resulted in a burst and subsequent casualties among project personnel. The event took place around 1:00 PM on July 20, 2026, inside Adit-3 - Face 4B Tunnel of the project.The incident involved the sudden release of suspected methane gas that was embedded or trapped in the surrounding rocks, leading to a gas burst and explosion within the tunnel structure. The resulting blast generated dense fumes and toxic gases inside the confined space.According to reports, the accident resulted in 25 project personnel being trapped inside the tunnel...

Dhruva Capital Services Maintains Share Price Movement Is Purely Market DrivenDhruva Capital Services Ltd has clarified its position regarding recent volatility in its share price, stating that the movement is solely market driven and unrelated to the company’s operations or management.The company asserted that it has consistently disclosed all material information concerning its performance and operational activities within the stipulated timeframes.Addressing concerns over the significant fluctuation of its shares, Dhruva Capital emphasized that its management holds no knowledge regarding the specific reasons behind the price movement. The corporation maintains that there is no connection between the share price changes and the...

Elfin Agro India Ltd Approves AGM Details, Re-appoints Director and Secures Secretarial Auditor Elfin Agro India Ltd, formerly known as ELFIN AGRO INDIA PRIVATE LIMITED, held a Board of Directors meeting on July 21, 2026, where several key decisions regarding the company's governance, audits, and general body meetings were taken. The board approved the Board Report for FY 2025-26 and fixed the date for the company's upcoming Annual General Meeting (AGM).AGM Details and Audit Appointment The Board determined that the 17th Annual General Meeting (AGM) of the members would be held on Tuesday, September 01, 2026, at 1:00 PM via Video Conferencing (VC) or other Audio Visual Means (OAVM). The company also approved the appointment of PCS...

Bajaj Auto Posts Strong Start to FY27 with Record Revenue and Profit Growth Bajaj Auto Limited reported robust financial outcomes for the first quarter of fiscal year 2027 (Q1 FY27), marked by record-breaking revenue, high profitability margins, and significant growth across both domestic and export markets. The company highlighted a strong performance supported by its diversified business model, as electric vehicles scale up to take a growing share of the domestic market.The results reflect double digit growth across all segments (ICE/EV, Domestic/Exports, 2W/3W), even amid a challenging external context characterized by hyper-inflating input costs. The company's margin stabilized at 20.9%, reflecting favorable USD/INR realization...

Gold Prices Surge Across Major Cities as Jewellery Retailers Report Higher Rates (July 21, 2026) Precious metals remain a primary focus for investors and jewelry buyers alike today. Leading jewelry retailers across major Indian metros have reported elevated rates for gold jewelry pieces on Tuesday, July 21, 2026. Consumers planning to purchase gold jewellery are advised to cross-reference the prices reported by various leading brands before making their decision.The data reveals consistent price movement, with all tracked companies reporting increases compared to the previous day. The rising trend has been observed across key cities including Delhi, Mumbai, Hyderabad, Chennai, Kolkata, and Bengaluru. These rates represent the updated...

Nikkei Rallies After Historic Selloff as Global Focus Shifts to AI Tech Earnings Japan Stocks Rebound on Technical Rally Amid Positive Breadth Japan's stock market saw a decisive rebound on Tuesday after opening from a holiday. Investors seized opportunities following the benchmark gauge's steepest weekly selloff in over a year. The Nikkei 225 advanced by 3.26%, closing at 66,232.19. This recovery marked a partial recuperation of the market's 6.4% plunge recorded last week.The broader Topix index also saw significant gains, climbing 2.44% to reach 4,014.95. This positive movement followed a period of volatility in Asian markets. The rebound came as investor attention increasingly shifts towards crucial second-quarter results later...

Granules India Posts 60% YoY Growth in PAT as Revenue Climbs 22% in Q1FY27 Granules India Ltd., a vertically integrated pharmaceutical company, has announced its financial results for the quarter ended June 30, 2026. The company reported significant growth across key metrics, including Revenue from Operations and Profit After Tax (PAT).The unaudited results reflect strong operational performance. Revenue from Operations stood at INR 14,768 Mn, marking a 22% increase year over year (YoY). EBITDA reached INR 3,389 Mn, up 37% YoY. Profit Before Tax (PBT) before Exceptional Item was reported at INR 2,404 Mn, reflecting a 41% rise compared to the previous year. Consequently, PAT hit INR 1,800 Mn, showing a substantial growth of 60% YoY...

Smt. Arti Kujur's Profile Released as SJVN Limited Appoints Independent Director SJVN Limited has released a brief profile of Smt. Arti Kujur in connection with her appointment as an Independent Director.Smt. Kujur is identified as a social worker from Ranchi, Jharkhand. Academically, she holds a Bachelor's degree and two Postgraduate degrees in Political Science and Public Administration, in addition to an LL.B. from Ranchi University.Her professional background includes service as a Member of the Ranchi Zila Parishad, spanning from November 30, 2010, to March 31, 2022. During her tenure at the Parishad, she focused on administrative matters within rural and tribal areas of the Ranchi district. Her work encompassed community...

Atlanta Electricals Approves Q2 Financial Results; IPO Proceeds Utilization Certified Atlanta Electricals Limited has announced the approval of its Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The company's Board of Directors transacted these business items during a meeting held on July 21, 2026. Additionally, the Board approved the Independent Auditors' Certificate regarding the utilization of proceeds from the Initial Public Offering (IPO).The Financial Results have been reviewed by Chartered Accountants and are available on the company’s website.Q2 Unaudited Financial Highlights (as of June 30, 2026) The results provide a snapshot of the company's performance across various...

Kellton Tech Solutions Announces Earnings Conference Call for Q1 FY2026-27 Results Kellton Tech Solutions Ltd has invited stakeholders to an earnings conference call to discuss the financial performance of the company for Q1 FY2026-27. The event is scheduled for Friday, July 24, 2026, at 5:00 PM IST.The Management of Kellton Tech Solutions will be represented by key leaders during the conference call. Attendees can expect representation from Mr. Niranjan Chintam, Chairman and Whole Time Director, along with Chief Executive Officers Mr. Karanjit Singh (India) and Mr. Srinivas Potluri (US).The company provided various international dial-in numbers for global participation in the earnings discussion. Those interested in joining via...

Escorts Kubota Limited ESG Rating Upgraded by ESG Risk Assessments and Insights Limited Escorts Kubota Limited has seen its Environmental, Social, and Governance (ESG) rating upgraded by ESG Risk Assessments and Insights Limited following assessments conducted on disclosures pertaining to Fiscal Year 2025-26.The company received an improved overall rating in the environmental, social, and governance categories from 'Adequate' status to 'Strong'. This assessment reflects significant scores across various parameters under the ESG framework.ESG Risk Assessments and Insights Limited prepared the report independently, utilizing data related to the company that is available in the public domain. The resulting ratings provide a detailed...

Deep Industries Ltd Board Meeting Scheduled to Review Q1 Financials and Approve ESOP Deep Industries Limited has announced that its Board of Directors meeting is scheduled for Tuesday, July 28, 2026. The meeting will address several key corporate matters, including the review of the company's unaudited financial performance and approval of an employee stock option scheme.The agenda items set for consideration at the Board meeting include:Financial Results: Reviewing and approving the Un-audited Financial Results (both Standalone and Consolidated) for the quarter ending June 30, 2026. This review includes the Statutory Auditor's Limited Review Report pertaining to the results. ESOP Approval: Consideration and approval of the...

Arvind Fashions Reports Strong Revenue Growth in Q1 FY27; EBITDA Rises 19.6% Arvind Fashions Limited (AFL), recognized as India's leading casual and denim player, announced its unaudited consolidated and standalone financial results for the first quarter of fiscal year 2027, which ended on June 30, 2026. The company reported robust revenue growth while significantly improving its EBITDA margin amid a challenging economic landscape.The Q1 performance saw revenues grow by approximately 15.5%, reaching Rs. 1,279 Crore from Rs. 1,107 Crore in the corresponding quarter of FY26. This expansion was partly attributed to increased marketing investments and a strategic focus on direct channels, which contributed 62% of the company's total...

Ant International Secures $1.2 Billion Funding Surge to Fuel Global Fintech Expansion Fintech Titan Boosts Global Growth with Major Equity InjectionAnt International, the overseas affiliate of the fintech giant Ant Group, has successfully secured a significant $1.2 billion in a fresh equity funding round. The capital infusion is specifically aimed at powering its ambitious global expansion strategies. This move signals a major focus on international growth for the company.The fundraising round saw participation from affiliates of both Ant Group and Alibaba Group. While the exact quantum of their individual investments remained undisclosed, the involvement of these titans underscores the strength of the fintech ecosystem supporting...