Markets

B & A Ltd Clarifies Stock Price Movements Citing Market Dynamics B & A Ltd has addressed inquiries regarding significant movements in the price of its equity shares, stating that the market changes appear to be driven by general market dynamics. The company confirmed that it possesses no undisclosed material information that could influence the behavior of its stock price.The clarification confirmed by B & A Ltd stated that there is no material event or announcement, including any impending announcements, that has not been disclosed and which would bear on the performance of the Company's equity shares.In response to the inquiries concerning the volatility in the market price, the company asserted that the movement appears to be...

Vimta Labs Limited Releases Unaudited Quarterly Results for Q2 FY26 Vimta Labs Limited released its unaudited financial results for the quarter ended June 30, 2026. The results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors in a meeting held on July 20, 2026.The company reported figures across various income and expense categories, detailing performance indicators against previous quarters and the full fiscal year ending March 31, 2026.Financial Performance Snapshot The unaudited results for the quarter ended June 30, 2026, reflect total income of 1,128.86 million INR, with expenses totaling 845.48 million INR. The company reported a Profit before tax at 283.38 million INR...

Elgi Equipments Reports Strong Progress in ESG Initiatives for FY 2025-26 Elgi Equipments Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report details the company’s commitment to sustainable growth, focusing on environmental management, employee wellbeing, and responsible product stewardship across its global operations.The company, specializing in manufacturing electrical equipment and air compressors, maintains a strong international footprint. ELGi serves customers across 28 states and 8 union territories nationally and exports to 65 countries. The business activities are overwhelmingly focused on the manufacture of Air Compressors, which constitute 95.51% of...

Tourism Finance Corporation of India Reports Quarterly Financial Results for Quarter Ended June 30, 2026 Tourism Finance Corporation of India Ltd (TFCL) has announced its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors approved these results, which include details on operational income and comprehensive earnings, as part of their quarterly disclosures.The company reported a Net Profit for the quarter ended June 30, 2026, totaling 6,120.93 (Rs. in lakhs). Total Income for the period stood at 11,515.23, with Revenue from Operations reporting at 8,102.26.Key financial metrics for the quarter include:Interest Income: 7,211.75 Fee and Commission Income: 528.17 Net Gain/(Loss) on fair...

Vaibhav Global Ltd Schedules Board Meeting to Review Q1 Results and Discuss Interim Dividend Vaibhav Global Ltd has scheduled a meeting of its Board of Directors for Tuesday, August 4, 2026. The meeting is set to address key corporate matters, including the review of the company's first-quarter financial performance and the declaration of an interim dividend for the fiscal year 2026-27.The agenda for the board includes considering and approving the Unaudited Financial Results, both Standalone and Consolidated, pertaining to the quarter ended June 30, 2026. Additionally, the Board is mandated to consider the declaration of an interim dividend on the equity share capital for the financial year 2026-27.In relation to trading...

Groww Surges on Strong Q1FY27 Results: FII and Mutual Fund Inflow Signals Big Shift in Retail Investment Trends Institutional investors are mounting a bullish case for Billionbrains Garage Ventures, the parent company of digital investment platform Groww. Despite volatility in the stock price, increasing confidence from Foreign Institutional Investors (FIIs) and Mutual Funds points to a strong long-term growth trajectory for the company. These large institutional holdings signal optimism regarding Groww’s ability to capture market share in India’s rapidly expanding retail investment ecosystem.Groww Q1FY27 Performance: Profit Jumps 94%, Revenue Climbs 66% Groww delivered a robust performance during Q1FY27, demonstrating significant...

Womancart Limited Launches Technology-Enabled Quick Delivery Platform with Real-Time Order TrackingWomancart Limited has introduced a technology-driven Quick Delivery Model aimed at significantly enhancing the customer experience through increased delivery speed and complete order visibility. The company has integrated a comprehensive real-time delivery tracking system, allowing customers to monitor the movement of their orders continuously from dispatch until successful delivery.The new Quick Delivery Platform is equipped with advanced real-time GPS tracking capabilities, enabling consumers to watch the live movement of their orders on a map interface. The platform provides continuous updates on order status, including Order...

Mahindra Logistics Appoints Vimal Agarwal as Internal Auditor Mahindra Logistics Limited has appointed Mr. Vimal Agarwal as the company's Internal Auditor. The Board of Directors announced the appointment during a meeting held on Monday, 20 July 2026, based on the recommendation of the Audit Committee. Mr. Agarwal will assume the role effective from 20 July 2026.The decision follows a review by the Board and the Audit Committee, confirming the engagement of Mr. Vimal Agarwal to strengthen internal controls and governance frameworks within the company.Mr. Vimal Agarwal brings extensive experience to the role. He is a Chartered Accountant and holds an MBA, possessing 25 years of experience across finance, governance, and business...

Shyam Metalics Reports Robust Q1 FY27 Results, Driven by Revenue and EBITDA Growth; Declares Dividend Shyam Metalics and Energy Limited (SMEL), a leading integrated metal-producing conglomerate operating across steel, stainless steel, specialty alloys, and aluminum foil in India, announced its financial results for the quarter ended June 30, 2026. The company reported significant growth across its operations and declared an interim dividend of Rs. 1.80 per equity share.The consolidated financials showed strong performance, with revenue growing by 23% year-on-year (YoY), while Operating EBITDA rose by 32% YoY.Key Consolidated Financial Highlights for Q1 FY27 The company maintained a healthy margin profile, despite executing one of...

Mahindra Logistics Reports Q1 Financial Results and Appoints New Internal AuditorMahindra Logistics Limited announced its unaudited Consolidated and Standalone Financial Results for the first quarter ended June 30, 2026. The Board of Directors approved the results, which were also accompanied by the appointment of Mr. Vimal Agarwal as the company's Internal Auditor, effective July 20, 2026.The unaudited Consolidated Financial Results and the Limited Review Report, issued by Deloitte Haskins & Sells LLP, cover the performance of Mahindra Logistics Limited and its subsidiaries and joint venture for the quarter.Q1 Consolidated Financial Performance The company recorded a Total Income from operations of 2,002.88 Crores in the first...

Adcounty Media India Ltd Appoints MSV & Associates as Secretarial Auditors for FY 2026-27 Adcounty Media India Ltd has approved the appointment of M/s MSV & Associates as its Secretarial Auditors. The decision was made by the company's Board of Directors, following a recommendation from the Audit Committee, during their meeting held on July 20, 2026.The appointment grants M/s MSV & Associates the role for the Financial Year (FY) 2026-27. The firm is described as a Peer Reviewed firm of Company Secretaries based in Jaipur, Rajasthan.MSV & Associates possesses extensive experience in areas including corporate laws and SEBI regulations. Their services encompass capital markets, IPOs, corporate restructuring, listing compliances...

Himadri Speciality Stock Surges to 52-Week Peak as Profits Leap Amid Rs 240 Crore Mega Capex Plans Himadri Speciality Chemical shares reached a 52-week high on Monday, climbing by up to 6.11% before paring gains. The stock traded at ₹771.25 at the time of writing, with investors reacting strongly to the company's strong Q1 results and ambitious future investments.The rally was fueled by the announcement of a significant capital expenditure plan amounting to approximately Rs 240 crore across two major speciality materials projects. This move signals Himadri’s commitment to expanding into high-growth, advanced material markets.Stellar Quarterly Results Drive Stock Ascent Himadri reported robust financial performance for the quarter...

Tata Power Secures Landmark 324 MW Pumped Hydro Deal from SECI, Bolstering India's Energy Storage Future Tata Power has achieved a significant milestone in the push for sustainable energy integration. The company announced on Monday that it has been awarded a Letter of Award (LoA) by the Solar Energy Corporation of India Ltd (SECI). This deal secures Tata Power's role as a major provider of long-duration power storage within the country.The LoA pertains to the supply of 324 MW of power, drawn from Tata Power’s 1,000 MW Pumped Hydro Storage Project (PSP) located in Bhivpuri, Maharashtra. This strategic contract underscores the growing demand for reliable, dispatchable green energy sources.PSP Project Details and Contractual Framework...

Schneider Electric President Systems Clarifies Volume Movement in Securities Schneider Electric President Systems Limited has stated that it is unaware of any event or information that could bear on the significant movement in the volume of its securities, responding to inquiries regarding increased trading activity.The Company confirmed that there are no material events or information requiring disclosure that remain undisclosed concerning the recent increase in the volume of Schneider Electric President Systems Limited's securities.In addressing concerns about the high-volume movement of its stock, the company affirmed that it is not aware of any development which would necessitate a disclosure under listing regulations related to...

ASI Industries Acquires Equity Shares of Lloyds Engineering Works for Investment ASI Industries Limited has acquired equity shares of Lloyds Engineering Works Ltd, with the purchase intended purely for investment purposes and without any intent to gain control over the target entity's management.The acquisition was completed on July 17, 2026. The transaction involved a cash consideration, amounting to Rs. 5.27 Crores. ASI Industries Limited acquired 6,05,291 shares, representing 0.041% of the target company’s total shareholding.The acquisition is classified as an arm's length transaction and does not fall under a Related Party Transaction for the acquiring entity. The primary purpose of the purchase by ASI Industries Limited is to...

D. P. Abhushan Ltd Targets Gujarat Market with New Showroom Opening in Dahod D. P. Abhushan Limited has announced a strategic move into the retail market of Gujarat, confirming plans to open a new company-owned jewellery showroom in Dahod, Gujarat. This expansion is set as part of the Company's broader retail growth strategy.The proposed establishment marks D. P. Abhushan Ltd.'s first direct retail presence within the state of Gujarat. The showroom will be located at Ambika Society in Dahod and will be wholly owned and operated by the company.Anticipating a significant enhancement to its regional reach, the new facility is designed to offer the Company's comprehensive range of jewellery products. By entering the Gujarati market, D...

Rajesh Gheesulal Kothari Acquires 10,000 Shares in Utssav CZ Gold Jewels LimitedMr. Rajesh Gheesulal Kothari has acquired a stake in Utssav CZ Gold Jewels Limited through the transmission of shares from Late Mrs. Manjula Gheesulal Kothari, who was also a member of the Promoter Group of the company. The transaction involves 10,000 Equity Shares of the Target Company (TC), each valued at Rs. 10/-.The acquisition was executed by way of transfer and transmission from Late Mrs. Manjula Gheesulal Kothari. This transaction resulted in Mr. Rajesh Gheesulal Kothari holding 10,000 shares, representing 0.04% of the total share capital of Utssav CZ Gold Jewels Limited (TC).The details of the change in shareholding are as follows...

IRCTC Announces Change in Board Composition: Sanjay Kumar Jain Steps Down as Chairman and MD Indian Railway Catering and Tourism Corporation Ltd (irctc) has announced a change in its senior leadership following developments on July 20, 2026. The company confirmed that Shri Sanjay Kumar Jain ceases to hold the post of Chairman and Managing Director and Key Managerial Personnel effective immediately.In line with this organizational transition, the board has appointed Shri Rahul Himalayan, who serves as a Director (Tourism & Marketing), to assume additional charges. Effective July 20, 2026, Shri Himalayan will take over the duties of Chairman and Managing Director of Indian Railway Catering and Tourism Corporation Ltd in addition to his...

Mahindra Logistics Reports Q1 Financial Results: Revenue Reaches 2,012.71 Crore; Net Profit Stands at 27.83 Crore Mahindra Logistics Limited has announced its Unaudited Consolidated and Standalone Financial Results for the first quarter ended June 30, 2026. The results highlight strong operational performance across both consolidated and standalone entities, with Total Income reaching 2,012.71 crore in the consolidated view.The company's Consolidated Financial Results show that total income stood at 2,012.71 crore for the quarter ended June 30, 2026. This figure is compared to a total income of 1,795.27 crore for the quarter ending March 31, 2026, and 1,629.66 crore for the quarter ended June 30, 2025.Consolidated results indicate...

German Bond Yields Surge as Oil Prices Rocket Amid Iran Tensions, Fueling Major ECB Rate Hike Bets German government bond yields climbed sharply on Monday after rising oil prices strengthened market expectations of continued monetary tightening by the European Central Bank (ECB). The heightened global tensions involving the United States and Iran have created significant volatility, leading to a renewed focus on inflationary pressures across the euro zone.The two-year German government bond yield rose 2 basis points to 2.79%. This move follows prior trading where it had briefly touched 2.8174%, marking its highest level since July 2024. The sensitivity of these short-dated bonds to interest rate expectations is now driving significant...