Markets

Central Mine Planning & Design Institute Announces Q1 Results and Declares 1st Interim Dividend Central Mine Planning & Design Institute Limited, a subsidiary of Coal India Limited, has announced its un-audited financial results for the first quarter ending June 30, 2026. The company also declared its 1st Interim Dividend for the Financial Year 2026-27.The Board of Directors, at a meeting held on July 20, 2026, approved the financial results and decided on the dividend payout. CMPDI fixed Friday, July 24, 2026, as the record date for determining shareholder eligibility for the interim dividend. The payment of the dividend is scheduled to be made on or before August 19, 2026.The company's results and details were reviewed by the...

CDSL Penalized Over Cyber Lapses as L&T Secures Mega Orders and Pharma Nears Breakthrough Markets experienced subdued trading on Monday, closing lower amidst renewed geopolitical concerns and disappointing results from several major private banking institutions. The market remains in a delicate balancing act, with analysts noting that Nifty once again failed to breach the 24,400 level, cementing the ongoing range-bound trend. Immediate technical support for the index has been identified within the 23,800–24,000 zone, while crossing above 24,400 could trigger a significant recovery move.Corporate Milestones and Innovation Boost Stock Performers Larsen & Toubro (L&T) showcased its strong position in heavy engineering as it announced...

Sobha Jumps Near 4X as IndiGo Seals Record Deal; Key Results and Mega Bulk Trades Drive Stock Movement The stock market is buzzing with activity today, driven by stellar corporate performance and major strategic deals across various sectors. Companies ranging from real estate to specialized manufacturing are reporting significant financial milestones or are attracting attention due to key operational developments. This trading day sees strong earnings results alongside high-stakes bulk transactions.Major Quarterly Earnings Stand Out Across Sectors The focus remains heavily on quarterly reports, with several companies releasing their performance metrics. Sobha reported a remarkable surge in its financials, revealing that profit has...

Dollar Nears One-Week High as Gulf Tensions and Oil Price Swings Grip Global Markets The U.S. dollar hovered near a one-week high on Tuesday, with global financial markets grappling with conflicting signals from the volatile Middle East. Renewed fears over energy supplies stoked instability across commodity prices. Meanwhile, tentative hopes for de-escalation offered brief moments of relief to nervous traders.Currency Markets React to Geopolitical Volatility The dollar index remained steady at 100.96, nearing its highest level since July 15, reflecting the ongoing tension in the Gulf region. Against the yen, the dollar was largely flat at 162.50 yen. The euro maintained stability at $1.1415, while the British pound held firm at...

Global Markets Shakeup: London Stock Exchange Plans Revolutionary Round-the-Clock Trading by 2027 The London Stock Exchange (LSE) is preparing a significant shakeup of traditional market operating hours. The exchange plans to launch a dedicated night-time trading site in the first half of 2027, as reported by the Financial Times. This new venue will operate distinctively from the LSE's main market, providing traders with expanded access to global assets.Expanding Trading Hours Beyond Traditional Markets The move reflects a broader industry trend as exchanges face pressure from digital asset markets. Cryptocurrencies and various non-traditional assets do not adhere to fixed opening times, fueling retail investors' expectations of...

Massive Fee Compression Hits SBI Funds IPO: Why Banks Are Getting Pennies on Billion-Dollar Debut India's inaugural billion-dollar public offering of the year, involving SBI Funds Management Ltd., has set a striking precedent regarding banker compensation. The nine investment banks managing this marquee debut will receive remarkably low fees for the transaction. This development signals an unusual compression in market economics within a major state-owned enterprise IPO.Razor-Thin Payouts Challenge Market Norms The IPO prospectus reveals that the managing banks will share a fee totaling ₹46.25 million ($479,000). This translates to just 0.05% of the deal value. Such a payout is drastically lower compared to similar large-scale debuts...

Oil Plummets Amid Diplomatic Hope as Iran Ceasefire Talk Counters Volatile Geopolitical Risks Oil prices softened on Tuesday, reacting to a complex mix of escalating geopolitical tensions and reports of ongoing diplomatic mediation efforts between the U.S. and Iran. Brent crude futures eased 35 cents, or 0.4%, settling at $88.87 per barrel by 0052 GMT. U.S. West Texas Intermediate (WTI) crude for September delivery remained steady at $82.47 a barrel.Market Softening Amid High Risk Profile The global oil market is currently operating under extreme volatility, balancing the immediate threat of conflict against underlying diplomatic momentum. Both WTI and Brent contracts were trading below their highest levels in more than a month. This...

Ather Energy Completes Qualified Institutions Placement, Allocates Over 108 Million Shares at INR 1,202 Each Ather Energy Limited has finalized the allocation of equity shares following the conclusion of its Fund Raise Committee meeting. The company confirmed the closure of the placement and determined the terms for the issuance to qualified institutional buyers (QIBs).The Board of Directors approved the outcomes of the Issue during a meeting held on July 20, 2026. Key decisions included declaring the closure of the offering following the receipt of applications and funds in the escrow account from eligible QIBs.The company determined and approved the allocation of 1,08,15,307 Equity Shares of face value INR 1 each to qualified...

Last Chance Alert: Triveni Engineering Share Surge Drives Investor Race Ahead of Critical Power Transmission Demerger Investors looking to benefit from the corporate restructuring are being urged to act quickly on Triveni Engineering shares. The company has set July 22 (Wednesday) as the record date for the demerger of its power transmission business. This makes today the critical last day for shareholders to purchase shares and ensure eligibility for the transfer of Triveni Power Transmission stocks.Deadline Looms: Why Today is Crucial for Demerger Eligibility Due to SEBI’s T+1 settlement cycle, purchasing the stock must be completed at least one trading day before the record date. This timing mechanism dictates that interested...

PNB Housing Finance Declares Fraud Against Corporation Holding Rs 421.81 Crore in Credit Facilities PNB Housing Finance Limited has declared a fraud related to credit facilities extended to M/s. Happy Home Corporation. The fraudulent accounts, which were previously classified as non-performing assets (NPA), have been identified and classified as fraud following the completion of internal processes.The company reported the matter to the National Housing Bank. M/s. Happy Home Corporation received various credit facilities from PNBHFL that were sanctioned and disbursed between 2016 and 2021.The details of the fraudulent accounts are as follows:Name of Account(s)Amount Reported as FraudM/s. Happy Home CorporationRs.421.81 Crore...

CSM Technologies Announces Q1 Results for FY2026; Recommends Final Dividend of 0.50 Per Share CSM Technologies Limited, following its Board meeting held on July 20, 2026, released its audited and unaudited financial results for the quarter and financial year ended March 31, 2026. The company also recommended a final dividend of Rs. 0.50 per equity share for the Financial Year 2025-2026.The Board meeting covered several key aspects of the company's operations, including approving the financial results and reappointing M/s PBM & Associates as Internal Auditors for the Financial Year 2026-2027.Key Financial Highlights (Consolidated) CSM Technologies reported consolidated figures that included both audited and unaudited components for...

K2 Infragen Limited Approves SPV Incorporation and Updates Senior Leadership Positions K2 Infragen Limited's Board of Directors, meeting on July 20, 2026, announced key corporate updates, including the approval for the incorporation of a Special Purpose Vehicle (SPV), the appointment of Mr. Danda Kanaka Raju as Senior Vice President, and the resignation of Mr. Vineet Sharma from his post at the company.The Board approved the incorporation of an SPV, which is proposed to become a subsidiary of K2 Infragen Limited upon its successful incorporation.Leadership Changes Detailed The meeting also addressed significant changes in senior management personnel. Mr. Danda Kanaka Raju was appointed as Senior Vice President of the company with...

CSM Technologies Announces FY26 Results: Total Income Rises 14%, EBITDA Jumps 56.6% CSM Technologies Limited, a specialized GovTech and enterprise digital transformation company, has announced its audited consolidated financial results for the fourth quarter and the full financial year ended March 31, 2026. The company reported strong performance across FY26, marked by significant growth in operating metrics despite operational charges.The Board of Directors recommended a final dividend of ₹0.50 per equity share for FY26, which is subject to approval by the shareholders at the ensuing Annual General Meeting.FY26 Consolidated Financial Performance CSM Technologies delivered robust financial results for the full fiscal year 2026...

Central Mine Planning Fixes Record Date for Final Dividend of Rs 1.06 Per Share Central Mine Planning & Design Institute Limited has announced the record date for its members concerning the Final Dividend for the Financial Year 2025-26. The company fixed Monday, August 10, 2026, as the record date to determine shareholder entitlement for the dividend.The final dividend is set at Rs. 1.06 per share. This amount is based on equity shares with a face value of Rs. 2/- each.According to the announcement, the Board of Directors recommended this Final Dividend in its 308th meeting, which was held on April 21, 2026.The payment of the dividend will be made, subject to tax at source, should the Final Dividend, as recommended by the Board of...

Bajaj Healthcare Reports Q1 FY27 Results: Revenue Up 11.3%, EBITDA Grows 16.4% YoY Bajaj Healthcare Limited, a leading manufacturer of APIs, Intermediates, and Formulations, announced its unaudited financial results for the quarter ended June 30, 2026. The company reported healthy growth across key financial parameters in Q1 FY27.Key Financial Highlights The company recorded Revenue from operations at Rs. 165.6 Crore, marking an increase of 11.3% year-over-year (YoY) and 8.2% sequentially. Gross profit stood at Rs. 80.4 Crore, rising 16.2% YoY. The gross margin expanded to 48.3%, up from 46.2% in Q1 FY26.EBITDA reached Rs. 29.6 Crore, which is a 16.4% increase compared to the previous year. The EBITDA margin improved to 17.8%, an...

BlueStone Jewellery Reports Q1 FY27 Results, Allots 4,853 Employee Shares; Capital Increased Post-ESOP BlueStone Jewellery and Lifestyle Limited released its Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The company also announced corporate updates following a recent Board meeting, including the allotment of employee stock options, an increase in issued capital, and approvals for several governance policies.The results reflect operational activity across both the Holding Company and its associated entities, while the company continues to manage the utilization of proceeds from its Initial Public Offering (IPO).Financial Performance Overview The company reported consolidated income of ₹...

RITES Ltd Announces Board Meeting for Q1 Financial Results and Interim Dividend Declaration RITES Ltd has scheduled a meeting of its Board of Directors on Tuesday, August 4, 2026. The board meeting is set to review key financial outcomes and consider matters related to shareholder returns.The agenda items for the upcoming meeting include the consideration and approval of the Unaudited Standalone and Consolidated Financial Results of the Company. These results pertain to the quarter that concluded on June 30, 2026. Furthermore, the board is slated to decide on the declaration of a First Interim Dividend, if applicable, for the Financial Year 2026-27.In an update regarding corporate conduct and insider trading protocols, RITES Ltd...

Golden Legand Leasing Releases Quarterly Results; Notes Reveal Major Contingent Liability and Subsidiary Incorporation Golden Legand Leasing & Finance Ltd announced its unaudited financial results and Limited Review Report for the quarter ended June 30, 2026. The Board of Directors reviewed and approved the outcomes during a meeting held on July 20, 2026.The company's performance reflected in the quarterly statement showed revenue from operations stand at 921.36 lakhs for the quarter ended June 30, 2026. Profit after tax stood at 54.89 lakhs, with total income matching net sales or revenue from operations.Financial Highlights (Figures in Lakhs) The unaudited financial results provide a comparative view of the company’s performance...

Aeroflex Industries Announces Board Meeting to Approve Q1 Financial Results and Closes Insider Trading WindowAeroflex Industries Limited has scheduled a meeting of its Board of Directors to review and approve the Un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company also confirmed the closure of its trading window for insiders ahead of the meeting.The board meeting is set to take place on Monday, July 27, 2026, at 03:30 p.m. The primary agenda item for the Directors includes considering and approving the Un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, alongside related Limited Review Reports.In addition to the board meeting...

Damodar Industries Announces 38th Annual General Meeting; E-Voting Opens August 5 Damodar Industries Limited has announced details regarding its 38th Annual General Meeting, which is scheduled for Saturday, August 08, 2026. The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual means (OAVM), with the Registered Office serving as the venue.The company provided members facilities to cast their votes electronically. Key timelines related to the Annual General Meeting have been set out for investors and members.S. NHeadingParticulars1Name of the CompanyDamodar Industries Limited3Agency providing E-voting platformMUFG Intime India Private Limited4Date of Board meeting for the approval of Notice of...