Markets

Sai Silks Announces Schedule for Analyst Investor Meeting Sai Silks (Kalamandir) Limited has scheduled an interaction session with analysts and investors, providing details regarding the meeting in advance.The company announced that its officials will be interacting with investors and analysts on July 24, 2026. The engagement is set to take place virtually starting at 4:00 P.M.Sai Silks confirmed that during this interaction, the management does not intend to discuss any unpublished price sensitive information.The key details of the scheduled interaction are summarized below:Date & DayTimeMode of InteractionType of InteractionJuly 24, 2026 Friday4.00 P.M.VirtualOne to OneThe company noted that the above schedule remains...

JMD Ventures Limited to Host Board Meeting for Q1 FY27 Un-Audited Financial Results JMD Ventures Limited, formerly known as JMD Telefilms Industries Ltd., has announced a forthcoming board meeting to review and approve the un-audited financial results for the first quarter of Financial Year 2027.The Board of Directors is scheduled to convene on Thursday, August 13, 2026. The primary objective of the meeting will be to consider and subsequently approve the Un-Audited Financial Results corresponding to the first quarter, which ended on June 30, 2026. These results pertain to the broader financial period ending March 31, 2027.Stock Price Movement As of 10:37, the shares of JMD Ventures Ltd. are edging higher, trading at ₹9.11...

Manba Finance Ltd Announces Q1 FY27 Earnings Conference Call Manba Finance Limited has scheduled its earnings conference call for the first quarter of fiscal year 2027, inviting investors and analysts to discuss the company’s operational performance. The event is set to take place on Tuesday, July 28, 2026, at 14:00 hours (IST).The conference call is dedicated to reviewing the operations and financial performance of Manba Finance Limited for the quarter ended on June 30, 2026. The event will be managed by DAM Capital Advisors Ltd. and feature key members of the company's leadership team.Manish Shah, Managing Director, and Jai Mota, Executive Director and Chief Financial Officer, from Manba Finance Limited are scheduled to speak at...

Millworks Technologies IPO Surges Ahead of Listing as Grey Market Explodes with Near 120% Premium The listing of precision engineering firm, Millworks Technologies, is fast approaching the BSE SME platform tomorrow, July 21. The Rs 160.34-crore initial public offering (IPO) witnessed an overwhelming display of investor confidence following its subscription period ending on July 16.The IPO was aggressively subscribed by investors, reflecting robust demand for the company's shares. The issue received a massive bid for 67,96,30,000 shares against the 35,18,800 offered. This strong interest underscores the appetite for high-quality manufacturing firms in the SME space.Investor Demand Drives Massive Subscription FiguresThe subscription...

International Gemological Institute Limited Schedules Earnings Conference Call for Q1 FY27 Results International Gemological Institute Limited has scheduled an earnings conference call for investors and analysts to discuss the operational and financial performance of the company for the quarter ended June 30, 2026.The event is set for Thursday, July 23, 2026, at 5:30 p.m. IST. The conference call aims to provide insights into the company's performance during the first quarter of the fiscal year 2027 (Q1 FY27).Key participants for the session include Mr. Tehmasp Printer, Managing Director and Chief Executive Officer, Mr. Eashwar Iyer, Chief Financial Officer, and Ms. Natasha Kedia, Head of Investor Relations & Public Relations...

SBI Funds Management Set for Potential 18% Listing Surge as Grey Market Premium Soars Ahead of IPO Debut SBI Funds Management is poised to make its stock market debut on the NSE and BSE, but the listing day itself promises significant drama. The company's shares are currently commanding a strong premium in the grey market (GMP), signaling an estimated listing gain of nearly 18% over the issue price. This launch follows a highly successful IPO subscription period, attracting robust investor demand across all segments.Strong Demand Drives SBI Funds Management IPO Subscription The Rs 9,813-crore public issue, which ran from July 14 to July 16, witnessed overwhelming investor interest. The overall issue was subscribed 41.66 times...

Greencrest Financial Services Schedules Board Meeting to Approve Q1 FY27 Un-Audited Results Greencrest Financial Services Limited, formerly known as Marigold Glass Industries Limited, has scheduled a meeting of its Board of Directors. The company will convene on Wednesday, August 12, 2026.The purpose of the board meeting is to consider and approve the Un-Audited Financial Results for the first quarter. These results cover the period ending June 30, 2026, relating to the Financial Year ending March 31, 2027.Stock Price Movement As of 10:24, Greencrest Financial Services Ltd. is trading at ₹0.50, edging higher by 2.04%. The shares have seen a tight intraday range movement, oscillating between an intraday low of ₹0.48 and the high of...

GHCL Limited Receives ESG Ratings from CRISIL for Fiscal Year 2025-26 GHCL Limited has received Environmental, Social, and Governance (ESG) ratings from CRISIL ESG Ratings & Analytics Limited (CRISIL). The rankings were assigned after a review of the company's ESG performance based on data pertaining to the fiscal year 2025-26.The company was assessed by CRISIL, which assigned it a 'Crisil ESG 59' rating and a Core ESG rating of 'Crisil Core ESG 67'.GHCL Limited noted that while these ratings have been received, the company had not engaged CRISIL for this assessment. The report was independently prepared by CRISIL utilizing data related to GHCL available in the public domain.GHCL Stock Price Movement Shares of GHCL Limited are...

PS IT Infrastructure & Services Ltd Schedules Board Meeting to Approve Q1FY27 Un-Audited Financial Results PS IT Infrastructure & Services Limited has scheduled a Board of Directors meeting to consider and approve the un-audited financial results for the first quarter of the fiscal year 2027 (Q1FY27).The company's Board Meeting is set to take place on Thursday, August 13, 2026. The primary focus of the meeting will be the formal review and approval of the financial performance corresponding to the period ended June 30, 2026. These results relate to the Financial Year ending March 31, 2027.The details regarding the un-audited financial results and the scheduled board meeting are as follows:AspectDetailCompanyPS IT...

Lords Mark Industries Secures L1 Bid for State-Wide Renewable Energy Lighting Project in Chhattisgarh Lords Mark Industries Limited has secured a significant government contract, achieving L1 bidder status to execute a massive project focused on renewable energy and lighting infrastructure across the entire state of Chhattisgarh. The company was awarded the Letter of Offer by the Chhattisgarh State Renewable Energy Development Agency (CREDA), which is part of the Department of Energy, Government of Chhattisgarh.The contract mandates the comprehensive work covering all of Chhattisgarh. Lords Mark Industries' Lighting Division successfully won the tender to supply, install, and commission Solar Home Lighting Systems in the state. The...

Global Infratech & Finance Ltd Appoints Ms. Shruti Ahuja as New Compliance Officer Global Infratech & Finance Ltd has made a change in its Compliance Officer designation following the resignation of Mr. Dhaval Anandkumar Bajaj. The company announced that Ms. Shruti Ahuja, who is a Company Secretary, has been appointed by the Board to take on the role as Compliance Officer.The transition was formalized after the cessation of Mr. Dhaval Anandkumar Bajaj from his position. He concluded his tenure as Company Secretary and Compliance Officer on July 16, 2026.The appointment of Ms. Shruti Ahuja commenced effective July 17, 2026. She holds a B.Com. and C.S. qualification and is an Associate Member of the Institute of Company Secretaries of...

Premier Polyfilm Limited Publishes Standalone Unaudited Financial Results for Quarter Ended June 30, 2026 Premier Polyfilm Limited has released its Standalone Unaudited Financial Results for the quarter that concluded on June 30, 2026. These results were published in both Financial Express and Jansatta (Delhi edition) newspaper dated July 19, 2026.The publication of these financial results provides stakeholders with insight into the company's performance during the specified quarter. The Standalone Unaudited Financial Results are available to the public through the aforementioned newspapers.PREMIERPOL Stock Price Movement As of 10:16 AM, shares of Premier Polyfilm Limited are rallying in live trading, edging up by 2.78% to reach...

Natco Pharma Surges After Receiving Tentative FDA Nod for Olaparib Tablets, Boosting Market Outlook Natco Pharma shares experienced a significant upward movement after announcing that it has received tentative approval from the U.S. Food and Drug Administration (U.S. FDA). The stock saw gains of up to 4.5% on Monday, touching an intraday high of Rs 987.55 on the NSE. This news centers around the company's generic version of Olaparib Tablets.Decoded: Significance of U.S. FDA Tentative Approval The pharmaceutical firm informed exchanges that the U.S. FDA granted tentative approval for Olaparib Tablets in both 100 mg and 150 mg strengths. These tablets are bioequivalent to AstraZeneca's drug, Lynparza. The scope of this approval covers...

PNB Surges 4% Amid Strong Q1 Gains While Bank Shares Face Volatility; VA Tech Bags Mega Infrastructure Contracts The market is intensely focused on quarterly earnings and major corporate announcements today, with banking stocks attracting significant attention after reporting their June quarter results. While some banks posted robust profits, others saw share prices decline, signaling sector-specific investor reactions. Separately, VA Tech WABAG shares are rallying following the securing of several large water infrastructure contracts.Banking Sector Earnings: A Tale of Two Performances Punjab National Bank (PNB) shares surged 4% after announcing a powerful performance during the June quarter. The bank recorded a net profit that shot...

AI Chip Rally Takes Sharp Plunge as Valuations Come Under Intense Scrutiny The global frenzy surrounding artificial intelligence (AI) and semiconductor stocks faced a significant setback last week. A broad selloff led to widespread profit booking across numerous AI-linked equities that had driven substantial market gains throughout 2026. Investors are now reassessing the ambitious expectations associated with ongoing massive capital expenditure in the AI infrastructure space.Semiconductor Sector Enters Bear Market Territory The Philadelphia Semiconductor Index (PHI) fell 1.6% on Friday, marking a steep decline and extending its weekly drop to around 10%. This descent represents one of the steepest weekly drops recorded in over a year...

Yes Bank Plunges as Profit Margins Face Pressure; Analysts Weigh Warning Over Rising Provisions Shares of Yes Bank saw a 4% decline to ₹22.70 on Monday, despite the private lender reporting a standalone net profit of ₹1,070.99 crore for the April-June quarter of FY27. This profit represents a strong 34% year-on-year (YoY) rise from the ₹801.07 crore reported in the corresponding quarter last year.The bank's net interest income, which measures the difference between earned and expended interest, improved by around 17.5% YoY to reach ₹2,786.46 crore during the first quarter of FY27. This is up from ₹2,371.47 crore in the preceding period.Operational Highlights and Asset Quality Metrics The bank demonstrated improvements in its asset...

Indian Emulsifiers Secures Two Major Direct Export Orders from Leading U.S. Customer Indian Emulsifiers Limited (IEML) has announced that it has secured two significant export orders directly from a leading customer in the United States, reinforcing its reputation as a trusted global supplier of specialty chemicals. The immediate execution of these commitments highlights IEML's manufacturing readiness and product quality, particularly within the international market.The two major orders account for a total order value of 700,621 USD, corresponding to approximately 6,74,56,130 INR. These orders are currently being handled by Indian Emulsifiers Limited.Details regarding the secured orders are provided below:OrderCustomerOrder...

CXMT IPO Surges Past Expectations: $8.6 Billion Offering Shows Robust Demand Amid Global Chip Stock Downturn Chinese memory chipmaker CXMT Corp has generated significant investor interest following the launch of its initial public offering (IPO). The $8.6 billion IPO achieved an overwhelming response from institutional investors, achieving an oversubscription ratio of approximately 570 times. This robust demand underscores sustained confidence in China's semiconductor sector, even as the global chip market grapples with cooling enthusiasm and reassessing valuations.Institutional Demand Overshadows Global Chip Stock PressureThe company filing revealed that institutional subscribers, which include pension funds, insurance firms, and...

SBI Funds Management IPO Set for Massive Listing as Grey Market Premium Soars Ahead of Debut Shares of SBI Funds Management are generating significant pre-market buzz, trading at a strong grey market premium (GMP) ahead of their stock market debut tomorrow, July 21. The bullish sentiment suggests a robust listing, attracting substantial investor interest in this IPO.Grey Market Premium and Listing PotentialCurrent market tracking platforms like Investorgain and IPO Watch indicate that the GMP for the issue stands at Rs 103 per share. This preliminary valuation points toward a potential listing price of Rs 677, significantly above the upper end of the IPO price band, which was set at Rs 574.IPO Subscription Details Surpass...

Bank Nifty Dips 1.4% as Private Banks Report Mixed Results; Margins Concerns Drag Down Heavyweights The financial sector experienced volatility on June 20, as the Bank Nifty index pulled back 1.4%. The mixed set of results delivered by several heavyweight private banks contributed to the decline. While some lenders reported strong performances, concerns over margins and profitability led to steep declines in key stocks like HDFC Bank and Axis Bank.Private Banking Performance Drives Market Dip The overall trend was dictated by the performance of major players in the lending sector. Heavyweight private lenders saw shares fall significantly after publishing their June quarter results. HDFC Bank, one of India's largest private...