Markets

Mahindra Logistics Reports Q1 FY27 Results: Revenue Rises 23% YoY to Rs 2,003 crore Mahindra Logistics Ltd. (MLL), a provider of integrated logistics and mobility solutions in India, announced its unaudited consolidated financial results for the quarter ended June 30, 2026. The company reported robust revenue growth alongside significant improvements in profitability across various business segments.The results reflected the company's transformation toward sustainable growth and operational excellence. Consolidated revenue for Q1 FY27 stood at Rs 2,003 crore, marking a 23% increase year-on-year (YoY) and 12% sequentially.Financial Highlights of Q1 FY27 The company showcased sustained improvement in profitability compared to previous...

Regency Fincorp Reports Q1 Financial Results; Issues Secured Debentures Worth INR 25 Crore Regency Fincorp Ltd., in a recent board meeting, released its unaudited financial results and provided updates on financing activities for the quarter ended June 30, 2026. The company also announced the issuance of new Non-Convertible Debentures (NCDs) through a private placement.Financial Performance Highlights The Board of Directors reviewed and approved both the Standalone Unaudited Financial Results and the Consolidated Unaudited Financial Results for the quarter ended June 30, 2026. The results reflect the company's operational activities across the reporting periods.Key figures from the Standalone Unaudited Financial Results are...

Electrotherm Board Meeting Approves Appointment of Two New Directors Electrotherm (India) Ltd. announced significant changes following its Board meeting held on July 20, 2026. The company approved the appointment of two senior executives, Mr. Raj Kumar Bansal and Mr. Harish Mukati, to key directorial positions.The appointments saw Mr. Raj Kumar Bansal appointed as an Additional Director and Non-Executive Independent Director, while Mr. Harish Mukati was brought on board as an Additional Director and Whole Time Director & Chief Executive Officer (CEO).Appointment of Mr. Raj Kumar Bansal Mr. Raj Kumar Bansal, a seasoned Chartered Accountant with nearly 40 years of experience in the Banking and Asset Reconstruction Company industry...

Parmjit Singh Appointed as Non-Executive Independent Director at Futuristic Solutions Ltd Futuristic Solutions Ltd has announced the appointment of Mr. Parmjit Singh as a Non-Executive Independent Director on its Board of Directors, effective July 20, 2026. The appointment was approved by the company's Board of Directors, and it remains subject to the approval of the shareholders.Mr. Singh brings significant experience from his background as an entrepreneur, agriculturist, and contractor. He possesses extensive expertise across business operations, agriculture, and infrastructure-related activities. His professional interests include managing a bricks and tiles manufacturing business. Furthermore, he has considerable practical...

Acquirer Announces Open Offer for Substantial Stake in Niraj Cement Structurals Ltd Shares A cash offer has been announced by Mr. Gulshankumar Vijaykumar Chopra for the acquisition of a substantial equity holding in Niraj Cement Structurals Limited (NIRAJ). The open offer aims to acquire up to 26% of the fully paid-up equity and voting share capital of NIRAJ at a price of Rs. 29/- per share.The acquisition is part of an overall plan, following two Share Purchase Agreements (SPAs) executed on June 16, 2026, in which Mr. Chopra has acquired shares from Sellers Bylan-Niraj Infra Projects Private Limited and Chem Logistics & Infra Private Limited. This ongoing process aims to bring the Acquirer's total stake to approximately 75.78% upon...

DCM Shriram Industries Ltd Receives Income Tax Refund of Rs 16.59 Crore DCM Shriram Industries Ltd has received a further income tax refund amounting to Rs 16.59 Crore, including interest, pertaining to the financial year ended in 2018.The company reported the receipt of this tax refund as part of its updated tax position. The details regarding the tax related outcome indicated that there are no associated expected financial implications due to compensation or penalties.Key financial facts concerning the income tax matter are summarized below:AspectDetailsTax Refund AmountRs 16.59 Crore (including interest)Financial Year PertainingEnded 2018Expected Financial ImplicationsN.A.DCMSRIND Stock Price Movement Shares of...

Atishay Ltd Secures International Contract for AI-Powered Diagnostic Platform Development Atishay Ltd has secured a significant international contract, signing a software development agreement with Global Top Link Technologies Company Limited in Myanmar. The deal encompasses the design, development, and deployment of an AI-Powered Centralized Diagnostic Platform, Phase I.This engagement marks Atishay’s inaugural international work order within the specialized field of AI Diagnostics, highlighting the company's growing global recognition and technical execution capabilities. The contract is designed to strengthen Atishay’s portfolio in advanced AI-driven healthcare solutions.The scope of the project includes the design, development...

Oberoi Realty Stock Dips on Q1 Earnings Miss; Nomura Reaffirms 'Buy' and Rs 2,090 Target Amid Mixed Project Performance Oberoi Realty shares declined by 0.91% to ₹1,877.60 on Monday after the company reported its Q1 FY27 results, which came below market consensus estimates. Despite the revenue miss, Nomura retained a 'Buy' rating and maintained a strong target price of ₹2,090 based on its SOTP valuation methodology.Q1 Earnings Performance versus Consensus Estimates The realty player reported that revenue, EBITDA, and PAT rose 32%, 41%, and 29% year-on-year (YoY), respectively, though these figures were measured against a low base. Nomura noted the earnings miss was attributed to slower quarter-on-quarter revenue recognition from key...

Grand Foundry Approves Q2 Results, Greenlights Name Change to Tikona Communication Limited The Board of Directors of Grand Foundry Ltd has approved its unaudited financial results for the quarter ending June 30, 2026, while also approving a significant change in the company's name. The board meeting, held on July 20, 2026, established crucial timelines and governance measures ahead of an upcoming Extra-Ordinary General Meeting (EGM).The company, which operates in the telecom and communication equipment sector, including cables, optical fiber systems, and networking hardware, saw its revenue from operations rise significantly during the quarter. The unaudited results were reviewed by statutory auditors who issued a Limited Review...

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...