Markets

Natural Capsules Limited Announces Record Date for 33rd Annual General Meeting Natural Capsules Limited has announced the schedule for its upcoming 33rd Annual General Meeting, establishing the timeline for shareholder participation and eligibility.The company has identified August 12, 2026, as the date for the annual meeting. To determine shareholder eligibility for the meeting, the company has set a cut-off date, also known as the Record Date. Shareholders must be on the register of members as of August 05, 2026, to be considered for the proceedings of the 33rd Annual General Meeting.The scheduled events are detailed in the table below:S. No.EventsDue Date1Date of 33rd Annual General MeetingAugust 12, 2026; Wednesday...

SpaceX Shares Plunge Below IPO Price as Starship Launch Abort Triggers Market Sell-Off SpaceX shares hit a significant milestone on Thursday as the stock closed below its initial public offering (IPO) price for the first time. The shares ended the session at $131.11, representing a 3.08% decline for the day.This move places the stock officially below the original issue price of $135. The decline comes on the heels of a five-session losing streak following the company's debut on June 12, which stood as the largest IPO in history at approximately $86 billion.Starship Launch Abort Drives Sharp After-Hours Decline The bearish sentiment intensified during after-hours trading where shares touched an intraday low of $124. This downward...

Syschem India Ltd Board Maintains Existing Director Appointments and Remuneration Until March 2027 Syschem India Limited has announced that the existing appointments and remuneration terms for its key leadership will remain in force until March 8, 2027. The decision follows a board meeting held on July 17, 2026, where it was noted that the company did not receive shareholder approval for specific reappointment resolutions via postal ballot.The Board determined that the current terms for Mr. Ranjan Jain, serving as Managing Director, and Mr. Suninder Veer Singh, serving as Whole-time Director, will continue under the conditions approved by shareholders on April 9, 2022, which became effective from the board meeting on March 9, 2022...

ECB Poised to Hold Rates as Middle East Tensions and Energy Spikes Cloud July Policy Outlook The European Central Bank (ECB) prepares for its critical July 23 policy meeting amidst a complex landscape of fluctuating energy costs and cooling inflation data. While the primary expectation remains a steady interest rate, the resurgence of geopolitical tensions in the Middle East has reintroduced significant variables into the central bank's decision-making process.Markets are currently pricing in a hold on the key interest rate at 2.25%. This follows the surprise hike in June, which established the ECB as a first mover among global monetary authorities to tighten policy following geopolitical fallout from the Iran conflict.Geopolitical...

Shyam Metalics and Energy Limited Commences Commercial Production of Aluminium Foil Facility Shyam Metalics and Energy Limited has announced that its stepdown subsidiary, SMEL Steel Structural Pvt. Ltd., has initiated commercial production at its state-of-the-art Aluminium Foil facility located in Sambalpur, Odisha. The production officially commenced on July 16, 2026.The facility is designed to produce premium-grade Aluminium Foil with a thickness range of 6 to 40 microns. This project falls under the downstream and value-added Aluminium Products category. The manufacturing unit at the Sambalpur plant features an installed capacity of 18,000 Tonnes Per Annum (TPA).The company is investing approximately Rs. 800 Crores in aggregate...

Amal Ltd Reports Quarterly Financial Results and Announces Capacity Expansion for Sulphur Dioxide Amal Ltd has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also confirmed a significant capital expenditure proposal to expand its production capacity for Sulphur Dioxide (SO2).Quarterly Financial Performance The financial results for the quarter ended June 30, 2026, show steady performance across both standalone and consolidated segments. The company operates in a single segment focusing on the manufacturing of bulk chemicals.The group reported a significant increase in profit before tax compared to the previous quarter. On a consolidated basis, the net profit for...

Nalin Lease Finance Ltd Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Nalin Lease Finance Limited has announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved the financial statements during a meeting held on July 17, 2026, following a limited review by the Statutory Auditors.The company reported a profit of 111.46 lakhs for the period from continuing operations during the quarter ended June 30, 2026. This reflects a steady performance compared to the 92.40 lakhs reported in the quarter ended June 30, 2025. The total comprehensive income for the current period stands at 111.46 lakhs.Financial Performance Overview The financial data highlights...

Central Bank of India Reports Growth in Net Profit and Global Business for Q1FY26 Central Bank of India has announced its financial results for the first quarter and three months ended June 30, 2026. The bank reported a significant rise in net profit and substantial growth in its global business portfolio during this period.Financial Performance Overview The bank recorded a 13.26% year-on-year increase in net profit, reaching ₹ 1324 crores for the quarter ended June 30, 2026, compared to ₹ 1169 crores in the same quarter of the previous year. While the operating profit for the financial year stood at ₹ 2186 crores from ₹ 2304 crores, reflecting a slight dip, other key indicators showed positive momentum.Net Interest Income (NII)...

Vedanta Group Secures Massive Rating Upgrades from CRISIL Following Strategic Demerger CRISIL Ratings has upgraded the credit ratings for Vedanta Ltd and its newly demerged entities, Vedanta Aluminium Metal and Vedanta Oil and Gas. The agency cited significantly bolstered business and financial risk profiles across the group following the strategic corporate restructuring.The upgrade serves as a major confidence booster for investors, signaling improved structural stability and clearer operational focus for each business segment. CRISIL highlighted that the demerger has successfully streamlined the entities to showcase their individual strengths.Vedanta Ltd Receives Strategic Rating Boost via Hindustan Zinc Integration CRISIL...

Dalmia Bharat Limited Receives Reaffirmed Exceptional ESG Rating from ICRA Dalmia Bharat Limited has received a reaffirmed ESG rating from ICRA ESG Ratings Limited, a SEBI registered Category-I ESG Rating Provider. The company maintained its [ICRA ESG] Combined Rating 80, which is categorized as Exceptional.The communication regarding the reaffirmation was issued by ICRA on July 16, 2026. The rating is based on a comprehensive review conducted by the Rating Committee of ICRA ESG, following an evaluation of the company's environmental, social, and governance performance.ESG Combined Rating Breakdown The [ICRA ESG] Combined Rating of 80 (Exceptional) is a composite score derived from two primary components: the Impact Rating and the...

Niraj Ispat Industries Limited Reports Exemption from Corporate Governance Reporting Requirements Niraj Ispat Industries Limited has confirmed that it is exempt from certain corporate governance reporting requirements for the quarter ended June 30, 2026. The company cited specific criteria regarding its paid up equity share capital and net worth as of March 31, 2026, which qualify it for an exemption under current listing regulations.The company stated that its paid up equity share capital remained below 10 Crore and its net worth remained below 25 Crore as of the end of the previous financial year. Based on these financial parameters, the entity is not required to submit a Corporate Governance Report for the specified quarter.To...

The Federal Bank Limited Announces Unaudited Financial Results for Quarter Ended June 30, 2026 The Federal Bank Limited has announced its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved the results during a meeting held on July 17, 2026, following recommendations from the Audit Committee.The financial statements were prepared in accordance with the Banking Regulation Act, 1949, and Generally Accepted Accounting Principles in India. The bank’s performance reflects its domestic operations across various segments including Treasury, Corporate/Wholesale Banking, and Retail Banking.Standalone Financial Performance For the quarter ended June 30, 2026, the Bank...

AI-Driven Rotation Erases Five Years of India Equity Outperformance as Capital Flees to South Korea and Taiwan India-focused equity funds have seen their dominant position over global emerging markets (GEM) evaporate as a massive shift in investor sentiment toward AI-driven markets takes hold. According to Elara Securities, this rotation has effectively unwound nearly five years of relative outperformance for India-dedicated long-only funds since 2021.The brokerage reports that the relative performance of these funds has plummeted back to April 2021 levels. This sharp reversal follows a powerful AI-led rally that redirected global capital toward South Korea, Taiwan, and commodity-linked markets.Structural Shifts in Global Capital...

Laser Power & Infra Limited Secures First Commercial Order for Next-Generation AECC Conductors Laser Power & Infra Limited has received a Letter of Intent (LoI) from Himachal Pradesh State Electricity Board Limited (HPSEBL) for a turnkey reconductoring project in the Nalagarh Electrical Division, Himachal Pradesh. The order is valued at approximately ₹4.15 crore.The project involves the supply and installation of High Temperature Low Sag (HTLS) conductors. This initiative aims to improve power supply reliability by replacing conventional conductors with advanced technology that enhances transmission capacity while utilizing existing tower infrastructure.This marks the first commercial deployment for Laser Power & Infra Limited under...

PC Jeweller Set to Raise Rs 1,000 Crore via QIP as Debt Reduction Hits Milestone PC Jeweller has officially moved to bolster its capital position by approving a proposal to raise up to Rs 1,000 crore through a Qualified Institutions Placement (QIP).The fundraise is expected to be executed in one or more tranches. The move remains subject to the necessary shareholder and regulatory approvals before proceeding.To facilitate this capital infusion, the board has approved an increase in the company's authorised share capital from Rs 1,310 crore to Rs 1,460 crore. This will involve creating an additional 150 crore equity shares with a face value of Re 1 each.This expansion requires a formal amendment to the Capital Clause of the...

Laser Power & Infra Limited Secures First Commercial Order for Next-Generation AECC Conductors Laser Power & Infra Limited has received a Letter of Intent (LoI) from Himachal Pradesh State Electricity Board Limited (HPSEBL) for a turnkey reconductoring project in the Nalagarh Electrical Division, Himachal Pradesh. The order is valued at approximately ₹4.15 crore and involves the supply and installation of High Temperature Low Sag (HTLS) conductors.The project is designed to improve power supply reliability by replacing conventional conductors with advanced HTLS technology. This method allows utilities to increase transmission capacity while utilizing existing tower infrastructure, providing a cost-effective and sustainable way to...

EBIX Ltd Reports Zero Unresolved Investor Complaints for Quarter Ended June 30, 2026 EBIX Limited, formerly known as Eraaya Lifespaces Limited, has released the status of investor complaints for the quarter concluding on June 30, 2026. The data indicates that the company maintained an efficient resolution process during this period.The report shows that the company started the quarter with no pending investor complaints. During the three-month period ending June 30, 2026, a total of 2 investor complaints were received.EBIX Limited successfully addressed all inquiries received during the timeframe, with both complaints being disposed of within the quarter. Consequently, there are no remaining unresolved investor complaints as of the...

Dr. Lal PathLabs to Host Q1 FY27 Earnings Conference Call Dr. Lal PathLabs Limited (DLPL) has announced that it will host a conference call on Friday, July 24, 2026, to discuss its financial and operating performance for the first quarter of fiscal year 2027. The call is scheduled to begin at 5:30 P.M. (IST).The management team representing the company during the call will include (Hony) Brig. Dr. Arvind Lal, Executive Chairman; Mr. Shankha Banerjee, Chief Executive Officer; and Mr. Ved Prakash Goel, Group Chief Financial Officer and CEO of International Business.During the session, the management will provide a brief discussion on the financial results and operational performance for Q1 FY27, which are set to be announced on the...

NR Agarwal Industries Ltd Receives Reaffirmed Ratings with Enhanced Credit Facilities NR Agarwal Industries Limited (NRAIL) has seen a reaffirmation of its credit ratings by ICRA Limited, accompanied by an increase in the total rated amount from Rs. 955.64 crore to Rs. 1,137.57 crore. The rating agency maintains a long-term rating of [ICRA]A- (Stable) and a short-term rating of [ICRA]A2+.The reaffirmation reflects the company's established track record in the paper industry, spanning over 30 years, alongside its large-scale operations and significant presence in western India. According to ICRA, NRAIL demonstrated healthy improvement in operating performance during FY2026, featuring a 29% revenue growth. This growth was supported by...

Kuantum Papers Ltd Fixed Deposit Programme Receives Downgrade from CARE Ratings Kuantum Papers Ltd has received a revised credit rating for its Fixed Deposit (FD) programme from CARE Ratings Limited. The rating agency issued the update following a review of the company's operational and financial performance during the fiscal year 2026.The rated instruments involve an amount of Rs. 33.22 crores, which remained outstanding as of September 30, 2024. The FD programme is structured for a tenure ranging from less than 3 months to 36 months.Rating Action and Details The credit rating for the Fixed Deposit has been downgraded from CARE A; Stable to CARE A-; Stable. The instrument remains on notice of withdrawal for one year.Sr...