Markets

EV Shockwave! Bernstein Explores Why India's Electric Two-Wheeler Sector Will Shatter the ICE Market Model The trajectory of India’s electric two-wheeler (e-2W) market is rapidly evolving, with legacy manufacturers making a powerful resurgence. While some observers note that the segment mirrors the established dynamics of the petrol vehicle industry, Bernstein advises caution. The brokerage suggests that the structure and future competitive landscape of EVs will ultimately diverge dramatically from its ICE predecessor.Legacy Players Claw Back Ground in E-2W Market The comeback of traditional auto players is statistically striking. As of June 2026, companies like TVS, Bajaj, and Hero MotoCorp collectively control over 60% of India’s...

SJVN Ltd Reports Cessation of Director Who Held Government Nominee Post SJVN Ltd has announced that Shri Shubh Karan Singh has ceased to be a Director of the company, effective July 20, 2026.The change follows Shri Singh’s relinquishment of his role as Special Secretary (MPP & Power) to the Government of Himachal Pradesh. This transition was made in compliance with operational requirements related to government appointments.Shri Shubh Karan Singh, who holds DIN: 11295204, ceased his position on July 20, 2026, subsequent to a notification issued by the Department of Personnel, Government of Himachal Pradesh dated July 19, 2026.The Director’s retirement from SJVN Ltd was consequent to his relinquishing the charge of the post within...

Lexoraa Industries Announces Board Meeting to Discuss Q1 Unaudited Financial Results Lexoraa Industries Ltd has scheduled a meeting of its Board of Directors for Saturday, July 25, 2026. The primary agenda item for the meeting is the consideration and approval of the Unaudited Standalone Financial Results of the Company for the first quarter ended June 30, 2026, along with the Limited Review Report.The Board meeting is set to address both the financial performance of the company during the first three months of its fiscal year and any other business that requires authorization by the Chair. Lexoraa Industries, formerly known as Servoteach Industries Limited, will review these results in the scheduled meeting.In addition to the...

Pidilite Industries Appoints New CHRO and Restructures Senior Management Team Pidilite Industries Limited has announced changes within its senior management structure following a meeting of its Nomination and Remuneration Committee held on July 21, 2026. The company appointed Shri Suresh Kumar C as the Chief Human Resource Officer (CHRO) and designated him as a Senior Management Personnel, effective from July 21, 2026.Shri Suresh Kumar C, who is currently serving as Co-CHRO, brings extensive experience to the role. He has over 33 years of dedicated service at Pidilite, where he has managed HR functions, Organization Development, and various Strategic Initiatives for the company.The management committee meeting also saw an internal...

Modella Woollens Ltd to Hold Board Meeting to Approve Q1 Un-Audited Financial Results Modella Woollens Ltd has scheduled a meeting of its Board of Directors to review and approve the company's financial performance for the first quarter of the fiscal year 2026.The board meeting is set to be held on Tuesday, August 4, 2026.During the meeting, among other agenda items, the directors are slated to consider, approve, and take on record the Un-Audited Financial Results of the Company for the first quarter ended June 30, 2026.Stock Price Movement As of 12:16, shares of Modella Woollens Ltd are ticking up, currently priced at ₹61.50, marking a solid gain of +4.79%. The stock is trading completely flat, as its intraday high and low remain...

Arvind Fashions Reports Strong Revenue Growth in Q1 FY27, Driven by Direct Channel Performance Arvind Fashions Limited (AFL), identified as India's leading casual and denim player, announced its unaudited financial results for the first quarter of Fiscal Year 2027 (Q1 FY27) ended June 30, 2026. The company reported significant growth in revenue, supported by a disciplined operating model and expansion across retail and e-commerce channels.The Group delivered strong Q1 FY27 performance, with revenues growing by approximately 15.5%. EBITDA (excluding other income) demonstrated robust growth of 19.6%, while the company maintained favorable working capital metrics.Key Financial Highlights for Q1 FY27 The consolidated unaudited financial...

SBI Funds Shares Surge on Debut as Investor Appetite Fuels Indian Asset Management Boom The launch of SBI Funds Management marks a significant milestone in India’s financial sector, solidifying the trend of institutionalizing domestic savings. The company listed its shares on Tuesday, July 21, 2026, becoming the sixth asset management company (AMC) to be listed on public markets. This listing arrives amidst broader market volatility but reflects deep investor confidence in the long-term growth story of the Indian mutual fund industry.SBI Funds Listing Details and Market Impact SBI Funds shares debuted at Rs 613.30 on the BSE, achieving a substantial 6.85 percent premium over its IPO price of Rs 574 per share. The public issue itself...

NOCIL to Host Earnings Call on Q1FY27 Operational and Financial Performance NOCIL Limited has announced an earnings call inviting participants to discuss the operational and financial performance of the company for the first quarter of fiscal year 2027 (Q1FY27).The earnings call is scheduled for Tuesday, August 4th, 2026, at 11:30 AM IST.Senior management members of NOCIL will participate in the discussion. Mr. V.S. Anand, Managing Director, and Mr. P. Srinivasan, President Finance & CFO, are listed as participants for the event.The company has provided comprehensive access details for attendees, including various primary and toll-free numbers across multiple regions.A detailed breakdown of the access numbers for the earnings...

Onesource Specialty Pharma Schedules Earnings Call for Q1FY27 Results Discussion Onesource Specialty Pharma Ltd has scheduled an earnings call inviting analysts and investors to discuss the unaudited financial results for the first quarter of fiscal year 2027 (Q1FY27), which ended on June 30, 2026.The earnings interaction is set for Saturday, July 25, 2026, commencing at 10:00 AM IST. The company's senior management team will be present to interact with participants regarding the quarterly performance.Neeraj Sharma, CEO & MD, and Anurag Bhagania, CFO are slated to speak during the conference call.Details for participation in the earnings call have been released for interested parties, allowing them to join the discussion regarding...

Williamson Magor Appoints Two Additional Directors, Expanding Board ExpertiseWilliamson Magor & Company Limited has appointed two individuals as Additional Directors (Non-Executive and Non-Independent) to strengthen its corporate leadership. Mr. Arup Pal and Mr. Subhajit Majumdar were appointed to the role with effect from July 22, 2026.The appointments include professionals bringing significant experience in finance and commercial departments.A detailed overview of the appointees and their professional profiles is provided below:ParticularsMr. Arup PalMr. Subhajit MajumdarRole AppointedAdditional Director (Non-Executive & Non-Independent)Additional Director (Non-Executive & Non-Independent)Effective DateJuly 22...

Granules India Reports Q1 Financial Results for FY26; Highlights Standalone and Consolidated Performance Granules India Limited has released its unaudited financial results for the first quarter ended on June 30, 2026 (Q1 FY26). The company's Board of Directors approved these standalone and consolidated financial statements. These results have also been subjected to a Limited Review Report by Statutory Auditors, confirming that the statements are free of material misstatements and include all required information.The Group operates in the pharmaceutical products segment, including ingredients and intermediaries.Standalone Financial Performance The unaudited standalone financial results for Granules India Limited for the quarter...

GlaxoSmithKline Pharmaceuticals Announces Board Meeting to Review Q1 Financial Results GlaxoSmithKline Pharmaceuticals Ltd has scheduled a meeting of its Board of Directors to review the company's performance for the first quarter of the fiscal year. The board meeting is set to take place on Monday, August 3, 2026.The primary agenda item for the meeting includes considering and approving the un-audited financial results for the first quarter that ended on June 30, 2026. This review is intended to ensure proper recording of the company's Q1 performance.GLAXO Stock Price Movement As of 12:24 PM, GlaxoSmithKline Pharmaceuticals Limited sheds 0.49% in live trading, slipping by ₹12.10 to currently trade at ₹2471. The stock has seen a...

Latent View Analytics Completes Voting on Director Re-appointments and Appointments Latent View Analytics Ltd reported the successful outcomes of its recent remote e-voting process concerning several key corporate appointments, including re-appointments of independent directors and the appointment of new whole time directors. The voting period concluded on July 19, 2026.The company held votes related to four resolutions: three involving the re-appointment of existing directors and one covering a new director appointment.The results of the Special Resolutions concerning Independent Directors showed strong support from shareholders. Resolution No. 1, regarding the re-appointment of Mr. Reed Cundiff (DIN: 09241056) as an independent...

ACME Solar Surges: Secures 300MW PPA with SECI for Hybrid Wind-Solar Project Renewable Energy Milestone Achieved by ACME Solar Holdings Ltd ACME Solar Holdings Ltd has achieved a significant milestone in the renewable energy sector. The company announced on Tuesday that it has signed a Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI). This PPA covers a 300 MW ISTS-connected Wind-Solar Hybrid Renewable Energy Project.The successful agreement ensures structured power off-take for ACME Solar. The project is strategically located and will be connected to ISTS substations, leveraging the company's pre-secured connectivity at high-irradiation and wind zones.Financial Structure and Operational Details of the...

Utkarsh Small Finance Bank Exercises Call Option on Debentures, Sets Record Date for RedemptionUtkarsh Small Finance Bank Ltd has confirmed the exercise of a call option through the redemption of specific debentures. The decision was approved during a meeting of the Capital Structuring and Fund Raise Committee held on Tuesday, July 21, 2026.The bank authorized the repurchase via redemption, at par, of 1,950 Rated, Listed, Unsecured, Redeemable, Lower Tier II Bonds (Non-Convertible Debentures). The aggregate value related to this debenture exercise is up to ₹ 195 crores.In conjunction with the call option, the Bank also approved the execution of a supplementary debenture trust deed. This supplementary deed relates to the original...

Bayer CropScience Ltd Releases Business Responsibility and Sustainability Report for FY 2025-26 Bayer CropScience Limited has released its Business Responsibility and Sustainability Report (BRSR) for the Financial Year ended March 31, 2026. The report details the company's operational scale, environmental stewardship, social commitments, and governance frameworks, highlighting a shift towards precision agriculture and integrated system thinking across their operations in India.Business Operations and Profile Bayer CropScience Limited is incorporated since 1958 and maintains its corporate offices in Thane (West), Maharashtra. The company’s business activities that accounted for 90% of turnover are centered around two key areas: crop...

Tourism Boom Accelerates: Government Sanctions ₹5,756 Cr Across 117 Projects to Build Global-Scale Destinations The Ministry of Tourism has solidified its commitment to national growth by sanctioning a substantial total of 117 projects valued at ₹5,756.62 Crore over the last two financial years. These investments are critical for developing robust tourism infrastructure and significantly augmenting basic amenities across India. The extensive initiatives span diverse areas, from spiritual heritage preservation to cutting-edge eco-tourism development.These funds are being deployed under various high-impact schemes, including Swadesh Darshan 2.0, Challenge Based Destination Development, Pilgrimage Rejuvenation and Spiritual Heritage...

Dwarikesh Sugar Industries Schedules Board Meeting to Approve June Quarterly Results Dwarikesh Sugar Industries Ltd has scheduled a meeting of its Board of Directors for Tuesday, July 28, 2026. The board meeting is set to be conducted through video conferencing (VC).The primary focus of the meeting will be the review and approval of the Unaudited Financial Results along with the Limited Review Report for the quarter that ended on June 30, 2026. The agenda also includes addressing any other matters with the permission of the Chair.In related operational updates, the company has confirmed that the trading window for all designated persons, including Directors and employees, is closed. This restriction was implemented to address the...

PNGS Gargi Fashion Jewellery Ltd Announces Board Meeting to Review Q4 Unaudited Financial Results PNGS Gargi Fashion Jewellery Ltd has scheduled a Board of Directors meeting to review and approve the company's Unaudited Financial Results for the quarter ending June 30, 2026. The meeting is set to take place on Friday, July 31, 2026.The primary agenda item for the upcoming board gathering is the consideration and approval of the Unaudited Financial Results pertaining to the quarter that concluded on June 30, 2026. This event provides stakeholders an opportunity to understand the company's financial performance during the specified period.Stock Price Movement As of 12:00, PNGS Gargi Fashion Jewellery Ltd shares are ticking down...

Anant Raj Ltd Completes Acquisition of Equity Shares in Subsidiary ACPL Anant Raj Ltd has completed the acquisition of equity shares in Ashok Cloud Private Limited (ACPL), which operates as a wholly owned subsidiary of the Company. The transaction was finalized on July 21, 2026.The company acquired 37,43,22,553 fully paid-up equity shares in ACPL. This acquisition amounted to Rs 74,86,45,106/- (Rupees Seventy-Four Crores Eighty-Six Lakhs Forty-Five Thousand One Hundred Six Only).The details of the completed investment are as follows:ParameterDetailCompany AcquiringAnant Raj LtdTarget EntityAshok Cloud Private Limited (ACPL)Shares Acquired37,43,22,553 fully paid-up equity sharesTransaction ValueRs 74,86,45,106/-...