Markets

Tech Mahindra Completes Allotment of 26,848 Equity Shares Via Employee Stock Options Tech Mahindra Ltd has completed the allotment of 26,848 equity shares, fully paid at a face value of ₹5 each, resulting from the exercise of employee stock options. The allotment was approved by the company's Securities Allotment Committee on July 21, 2026.The total allocation is derived from two primary schemes: the Employee Stock Option Plan - 2014 (ESOP 2014) and the Employee Stock Option Scheme - 2018 (ESOP 2018).Detailed components of the allotment include:21,348 equity shares allotted on July 21, 2026, which were fully paid at an issue price equal to the face value of ₹5. 5,500 equity shares allotted on July 21, 2026, these shares having a...

Steel Exchange India Limited Reports Stellar Q1 FY27 Performance with Net Profit Jumping 46.89% YoY Steel Exchange India Limited (SEIL), one of South India's prominent integrated steel manufacturers, has announced its standalone and consolidated un-audited financial results for the first quarter ended June 30, 2026. The company reported a strong performance trajectory marked by significant gains in net profit, expanded margin metrics, and disciplined capital optimization efforts.During Q1 FY27, SEIL recorded Total Income of ₹ 27,070.92 Lakhs. By maintaining strict cost controls, the company successfully mitigated raw material volatility witnessed during the quarter. This efficiency translated into a substantial increase in net profit...

Maruti Infrastructure Ltd to Hold Board Meeting to Approve Q1 Unaudited Results Maruti Infrastructure Ltd has scheduled a meeting of its Board of Directors to review and approve the Unaudited Financial Results for the quarter ended on June 30, 2026. The board meeting is set to take place on Tuesday, July 28, 2026, where the company plans to consider and take on record the financial performance data.In addition to the planned Board meeting, Maruti Infrastructure Ltd has established a restricted trading window regarding its securities. As previously communicated, trading for Directors, Key Managerial Personnel (KMPs), Designated Persons, Connected Persons, and their immediate relatives will remain closed. This closure period begins on...

Beryl Drugs Ltd Reports Temporary Unavailability of Company Website Due to Technical Issue Beryl Drugs Ltd has reported that its corporate website, 'www.beryldrugs.com', is temporarily unavailable due to an unexpected technical issue. The company confirmed it initiated immediate corrective measures and is working with technical service providers to restore normal website operations at the earliest.The disruption affects only the accessibility of the Company's website. Beryl Drugs Ltd stated that, as of the date of the intimation, there has been no impact on the Company’s business operations, financial systems, or statutory records.Upon identifying the technical problem, the company commenced restoration activities. The management is...

Zaggle Prepaid Ocean Services Invests Up To Rs 7.97 Crores in Unobanc for Cross-Border Payments Expansion Zaggle Prepaid Ocean Services Limited has announced an investment amounting to up to Rs 7.97 Crores in Unobanc Private Limited. The investment, which will be made in one or more tranches, is set to grant Zaggle a stake of up to 19.9% of the Equity Share Capital of Unobanc Private Limited upon the completion of definitive agreements.The investment utilizes cash consideration and is expected to take place within 90 days.Overview of the Acquisition and Target Company Unobanc Private Limited, a wholly owned subsidiary of Hop Financial Solutions Limited, operates in the Cross-Border Payments & Remittances industry. The company...

Moneyboxx Finance Ltd Completes Allotment of Non-Convertible Debentures in Private Placement Moneyboxx Finance Limited announced the allotment of 50,000 Listed, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The approval for the issuance was granted by the Working Committee of the Board of Directors on Tuesday, July 21, 2026.The debentures were allotted at a face value of INR 10,000 per NCD. A single entity, CAPRI GLOBAL CAPITAL LIMITED, was the allottee investor, securing the entire issuance amount.The total size of the issue amounted to INR 50,00,00,000 (Indian Rupees Fifty Crore).Key Terms and Investment Details The debentures are classified as Listed, Rated, Senior...

JD Cables Ltd Announces Virtual Investor Meet for Investors Group JD Cables Ltd, a manufacturer of Wires, Cables, and Conductors, has announced an Investor Meet scheduled for its investors group. Company officials are set to participate in the virtual event on Friday, July 24, 2026.The Investor Meet is scheduled to take place at 01:00 P.M., conducted entirely through a virtual mode.JD Cables Limited (formerly known as JD Cables Pvt Ltd.) will host the session for a designated group of investors.Stock Price Movement As of 12:59, JD Cables Ltd shares are ticking up at ₹238.00, gaining 1.34% in trading. The stock is moving within its intraday range, having touched a low of ₹232.70 and an intraday high of ₹240.00.

Indo Borax & Chemicals Ltd Approves Amalgamation of Wholly Owned SubsidiaryThe Board of Directors of Indo Borax & Chemicals Limited has approved a scheme of amalgamation involving the company and its Wholly Owned Subsidiary, Indoborax Infrastructure Private Limited. The transaction aims to consolidate group resources, streamline management, and enhance business operations across the combined entity.The Scheme involves the amalgamation of Indoborax Infrastructure Private Limited (the Transferor Company) with Indo Borax & Chemicals Limited (the Transferee Company). This move is part of a consolidation strategy within the Group, designed to create a single corporate entity with streamlined governance and uniform management procedures...

PAN HR Solution Limited Posts Strong Q1 FY 2026-27 Results, Transaction Value Grows by 53.63% YoY PAN HR Solution Limited, a provider of workforce solutions and HR outsourcing services, reported robust performance for the first quarter of Fiscal Year 2026-27 (Q1 FY 2026-27). The company saw its transaction value rise significantly, driven by sustained client activity and expanded operational reach across various high-growth sectors.The business update highlights strong momentum in Q1 FY 2026-27, with the total transaction value reaching ₹73.85 Cr. This represents a notable increase compared to the corresponding quarter in the previous fiscal year.Financial Performance and Growth Trajectory PAN HR Solution Limited’s operational...

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...