Markets

Aditya Birla Sun Life AMC Reports Strong Q1 FY27 Results; Overall AUM Rises 42% Year-on-Year Aditya Birla Sun Life AMC Limited (ABSLAMC) announced its unaudited financial results for the quarter ended June 30, 2026. The company reported significant growth in assets under management (AUM), while profitability saw consistent year-on-year increases across key metrics.The asset management firm recorded an overall QAAUM of ₹ 6,279 billion for the quarter ending June 30, 2026, marking a 42% increase compared to the AUM of ₹ 4.4 trillion in June 2025.Financial Highlights (Q1 FY27) For the first quarter of fiscal year 2027 (Q1 FY27), ABSLAMC reported total revenue of ₹ 6.3 billion, a rise of 11% compared to the previous year. The firm also...

The Phoenix Mills Ltd Schedules Board Meeting to Approve Q1 2026 Financial Results The Phoenix Mills Limited has scheduled a meeting of its Board of Directors to consider and approve the unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.The Board meeting is slated for Tuesday, July 28, 2026. The primary agenda item for the meeting includes reviewing and approving the financial performance results of the company for the specified quarter.In addition to the board meeting notification, the company provided an update regarding its trading status. The Trading Window for dealing in securities of The Phoenix Mills Ltd has been closed since Wednesday, July 01, 2026. This trading restriction will...

E2E Networks Reports Stellar Q1 FY'27 Results: Revenue Jumps 334% Driven by B200 Cluster Go-Live E2E Networks Limited, an AI-First Cloud GPU Platform provider in India, reported robust unaudited financial results for the first quarter of fiscal year 2027 (Q1 FY'27), ending June 30, 2026. The company announced a substantial surge in revenue, driven by the successful launch of its B200 cluster and improved utilization across its flagship GPU portfolio.The Q1 results underscored significant operational milestones for E2E Networks Limited. Revenue from operations reached ₹1,568 Mn, marking a 334.1% increase year-on-year (YoY) and a 63.9% rise quarter-on-quarter (QoQ).The company’s overall financial health showed marked expansion, with...

Adani Energy Solutions Releases Quarterly Results; Plans ₹3,050 Crore Acquisition in Smart Metering Space Adani Energy Solutions Limited today announced its unaudited financial results for the quarter ended June 30, 2026, alongside details of a strategic acquisition intended to bolster its position in the smart metering industry. The company also provided updates regarding ongoing legal matters involving one of its directors.The Board of Directors approved the standalone and consolidated unaudited financial results at a meeting held on July 21, 2026.Standalone Performance Highlights (Adani Energy Solutions Ltd) For the quarter ended June 30, 2026, Adani Energy Solutions reported key figures showing total income of 1,203.76 Crores...

Cera Sanitaryware Ltd Announces Resignation of Chief Business Officer - Polymers and Emerging Business India Cera Sanitaryware Limited has announced that Mr. Ramesh Baliga, a designated Senior Management Personnel, has tendered his resignation from the position of Chief Business Officer - Polymers and Emerging Business India. The decision to resign was based on personal reasons.The company accepted the resignation on July 21, 2026. According to official updates, Mr. Baliga will be relieved of his duties with effect from September 30, 2026, at the close of business hours.Mr. Baliga’s resignation comes after his tenure contributing to the company's business activities and strategic initiatives. During the notice period, he committed...

SBI Funds Management Aims for Massive Growth by Expanding AIF Capabilities and Targeting Wealth Clients SBI Funds Management is doubling down on specialized wealth products, signaling a significant push into the Alternative Investment Fund (AIF) space. The asset manager has outlined an aggressive expansion strategy focused on enhancing product offerings while maintaining strict quality control over its core business segments.Speaking after the listing ceremony, representatives highlighted AIFs as one of the crucial areas for substantial investment. SBI Funds Management is actively acquiring new capabilities to manage and raise funds across this expanding sector.Scaling Up in Alternative Investment Funds (AIF) The company aims to...

Medicamen Organics Limited Announces Executive Director Resignation Due to Family Medical Issues Medicamen Organics Limited has confirmed the resignation of Mr. Brijesh Kumar Chaubey from the position of Executive Director, effective July 20, 2026. The company stated that his departure is due to family medical issues.The resignation was formally tendered by Mr. Brijesh Kumar Chaubey on July 20, 2026. He confirmed that there were no material reasons for the resignation other than the personal circumstances cited.Medicamen Organics Limited provided details regarding the change in directorship, confirming the cessation of Mr. Chaubey from the role as Executive Director.Key details concerning the director's transition are summarized...

Ajanta Pharma Announces Q1 FY 2027 Unaudited Financial Results Release and Earnings Conference Call Ajanta Pharma Limited announced that the company will release its Q1 FY 2027 Unaudited Financial Results on July 30, 2026. The financial results will be followed by an Earnings Conference Call hosted by the leadership team to discuss the performance and address questions from participants.The Earnings Conference Call is scheduled for July 30, 2026, at 16:15 hrs IST. Participants can join the call via various international time zones, including 18:45 hrs SST/HKT, 11:45 hrs BST, and 06:45 hrs US ET.The company provided detailed dial-in information for the conference call, which is expected to run from 16:15 to 17:15 hrs IST (the...

ED and RBI Fast-Track Settlement Route, Granting Reprieve as Companies Settle Technical FEMA Violations The Enforcement Directorate (ED) and the Reserve Bank of India (RBI) have introduced a significant measure aimed at simplifying compliance and promoting ease of doing business for companies with foreign exposure. The agencies are fast-tracking compounding orders to allow businesses facing minor technical contraventions of the Foreign Exchange Management Act (FEMA, 1999) to settle their disputes through a designated scheme.Compounding is described as a sophisticated settlement mechanism that allows a company found in violation of FEMA to admit the contravention and agree to pay a specified fee to resolve the matter. This move by both...

Equitas Small Finance Bank Grants 1,10,000 Stock Options Under Employee Scheme Equitas Small Finance Bank Ltd has approved the grant of stock options to an eligible employee as part of the ESFB Employee Stock Option Scheme, 2019. The Nomination and Remuneration Committee of the Bank approved the grant on July 21, 2026.The grant encompasses 1,10,000 stock options at an exercise price of Rs.79.28 per share. The shares resulting from these grants will rank pari-passu with existing equity shares in all aspects, including dividend. The scheme adheres to the terms outlined in SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.The options are subject to specific vesting criteria and timelines. Vesting is scheduled one...

Panyam Cements Announces Board Meeting to Approve Q4 Financial ResultsPanyam Cements & Mineral Industries Ltd (PCMIL) has scheduled a meeting of its Board of Directors to approve and review the Audited Financial Results for the fourth quarter and the fiscal year ending March 31, 2026.The company announced that the Board Meeting will be held on Monday, July 27, 2026. The agenda for the meeting includes considering and approving the financial results for the specified period along with other corporate matters.In addition to the board gathering, PCMIL has also notified its designated persons, immediate relatives, and insiders regarding the closure of the trading window for the company's shares. The trading restriction period...

MM Forgings Limited Schedules Board Meeting to Discuss Q1 Financial Results; Trading Window Closed MM Forgings Limited has announced a board meeting scheduled to review and approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also confirmed the closure of its trading window related to these results.The Board of Directors meeting is set to take place on Friday, August 07, 2026. During this meeting, the company is scheduled to consider and approve the unaudited financial results for the quarter ended June 30, 2026, as well as any other matters included in the agenda.In addition to the board approval, MM Forgings Limited confirmed that a trading window has been closed...

Tech Earnings Season Pressures Markets as Oil Swings Amid Gulf Tensions Stocks showed mixed reactions on Monday as global investors positioned themselves ahead of a crucial week of major tech earnings reports. These corporate results will be heavily tested against the backdrop of ongoing geopolitical tensions in the Gulf region. The short-term market focus remains keenly fixed on volatile oil prices, while equity markets brace for volatility driven by AI capital expenditure.Tech and Equity Markets Brace for Major Earnings Reports European equities saw a modest gain as investors assessed positioning before the upcoming corporate announcements. Europe's broad STOXX 600 edged higher, led by a strong 0.8% surge in tech stocks. In the US...

Rise of QIPs: New-Age Unicorns Surge Capital Raising After IPO in Hyper-Competitive Markets The trend of newly listed companies returning for follow-on fundraising is rapidly gaining momentum. Instead of relying solely on public market mechanisms, new-age firms are increasingly turning to Qualified Institutional Placements (QIPs) to secure fresh capital. This shift signals a mature evolution in how high-growth technology and modern businesses sustain their expansion post-debut.These listed enterprises have collectively raised or announced over ₹25,200 crore through QIPs since 2021. Data compiled by Moneycontrol from Prime Database indicates that at least eight companies launched QIPs between 2021 and July 2026, with another company...

Tech and Miners Drive European Gains: STOXX 600 Edges Up As Investors Await Global Earnings Report STOXX 600 Climbs Amid Easing Sentiment and Corporate Focus European stocks showed resilient performance on Tuesday, with the pan-European STOXX 600 index rising by 0.3% to reach 641.39 points in early trading. This modest rise was primarily underpinned by significant gains observed in the technology and mining sectors.The market movement gained momentum following reports suggesting renewed diplomatic efforts between the United States and Iran. These efforts eased concerns regarding an immediate escalation in the volatile region.Despite this positive news, crude oil prices experienced limited losses after Yemen's Iran-aligned Houthi...

Aditya Birla Sun Life AMC Releases Q1 Results for FY26; Total Income Stands at 617.72 Crores Aditya Birla Sun Life AMC Limited has announced its Unaudited Financial Results for the quarter ended June 30, 2026. The Board of Directors approved these results, which were presented in both standalone and consolidated forms.The Company reported strong performance across various indicators. In terms of core business operations, the management noted that the financial results are reflective of the asset management service business, with no separate reportable segments identified as per Ind AS 108.Standalone Financial Performance Overview For the quarter ended June 30, 2026, Aditya Birla Sun Life AMC Limited reported a Total Income of 617.72...

Kirloskar Pneumatic reports Q1 FY27 results: PBT rises 24% as revenue grows 10% Kirloskar Pneumatic Company Ltd (KPCL), a key player in India's Air, Refrigeration, and Gas Compression business, announced its unaudited financial results for the first quarter of Fiscal Year 2027. The company reported that Profit Before Tax (PBT) grew by 24% year-on-year to Rs. 46 crore, outpacing the 10% year-on-year growth in Revenue from Operations, which reached Rs. 300 crore.Aman Kirloskar, Managing Director of KPCL, stated that while revenue growth was modest during the quarter, the company maintained stable business performance in a dynamic operating environment. He emphasized the focus on executing strategic priorities, expanding the product...

HCLTech Report Reveals Widening AI Divide: Only 18% of Enterprises See Significant Revenue Impact NEW YORK and NOIDA, India, July 21, 2026 - HCLTech, a leading global technology company, released its global research report, The Blueprint for AI Leadership, today. The study reveals a critical gap between organizations adopting Generative AI (GenAI) and Agentic AI, and those effectively translating that adoption into meaningful business value and revenue growth.Conducted alongside Raconteur among 500 enterprise decision-makers, the research indicates that while the implementation of advanced AI is near universal, financial outcomes are lagging considerably. Specifically, only 18% of enterprises reported that AI is delivering significant...

Quint Digital Limited Reports Business Responsibility and Sustainability Metrics for FY 2025-2026 Quint Digital Limited, an information and communication service provider, has detailed its operational scope and sustainability commitments through its Business Responsibility and Sustainability Report (BRSR) covering the financial year spanning April 1, 2025, to March 31, 2026. The report outlines the company's business structure, employee welfare efforts, environmental performance indicators, and stakeholder engagement strategies.Operational Scope and Market Reach Quint Digital Ltd focuses its core business activities entirely on information and communication services, which account for 100% of the entity’s turnover. Its primary product...

Crystal Business System Ltd Approves Proposal for Voluntary Delisting from MSEI Crystal Business System Limited announced a significant corporate decision following its Board meeting held on Tuesday, July 21, 2026. The company's Board of Directors considered and approved the proposal related to the voluntary delisting of equity shares from Metropolitan Stock Exchange of India Limited (MSEI).The approval by the board addresses the future structure of the company's share listing.The decision was made during the meeting held at the registered office of Crystal Business System Limited.Stock Price Movement As of 10:14, Crystal Business System Ltd is ticking lower after falling 1.05%, with the shares currently trading at ₹1.88. The...