Markets

Virtual Galaxy Infotech Limited Secures Cyber Security Operations Centre Work Order from Buldana District Central Co-operative Bank Ltd Virtual Galaxy Infotech Limited has secured a significant work order from The Buldana District Central Co-operative Bank Ltd. (BDCC) for the implementation and management of its Cyber Security Operations Centre as a Service (C-SoC SaaS).The partnership strengthens a long standing business relationship between Virtual Galaxy Infotech Limited and BDCC, which dates back to 2014. Since that time, the company has provided Core Banking Software (CBS) solutions, data centre and disaster recovery site infrastructure, hosting, and related products and services to the bank.Under the terms of the new...

Moschip Technologies Ltd to Review Financial Results for Quarter Ended June 30, 2026 Moschip Technologies Limited has scheduled a Board of Directors meeting to review and approve the company's unaudited financial results for the quarter ended June 30, 2026. The meeting is set to take place on July 24, 2026.The board will deliberate on both standalone and consolidated financial statements. The upcoming proceedings are expected to provide a comprehensive overview of the company's operational performance and financial standing for the specified period.In connection with these proceedings, the trading window remains closed for designated persons and their immediate relatives. This restriction continues until 48 hours after the...

Kalind Ltd to Hold Board Meeting on July 22 to Discuss Fund Raising Kalind Ltd has announced that its Board of Directors will convene on Wednesday, July 22, 2026, at the company's registered office to deliberate on key corporate actions, primarily focusing on fundraising initiatives.The board meeting is scheduled to discuss the raising of funds through various methods, which may include the issuance of equity shares for cash or other than cash considerations, including share swaps. The company is exploring a range of instruments and eligible securities to facilitate this capital infusion, such as convertible securities linked to equity shares.The potential funding methods under consideration include:CategorySpecific Methods...

China Stocks Plunge Amidst Liquidity Crunch Fears as Massive CXMT IPO Triggers Tech Sell-Off Chinese equities experienced a severe downward trajectory on Friday, pushing the country's benchmark indices toward their steepest weekly decline in two-and-a-half years. The sell-off was primarily driven by growing investor anxiety that the massive initial public offering (IPO) of memory chipmaker CXMT could absorb significant market liquidity.Market participants are also wary of a pipeline of additional large domestic IPOs, which have weighed heavily on sentiment particularly within the technology sector. This pressure extended to Hong Kong shares where technology stocks led a significant decline amid renewed tensions linked to the Iran...

Bank of Baroda to Consider Raising Foreign Currency Fund Through Bonds and Loans Bank of Baroda has scheduled a meeting of its Board of Directors on July 24, 2026, to deliberate on and approve plans for raising foreign currency funds. The proposed fundraising strategy includes the issuance of various bonds and additional borrowing through diverse loan facilities.The bank intends to explore several avenues for capital infusion, specifically highlighting the potential issuance of Green Bonds and ESG (Environmental, Social, and Governance) Bonds. These instruments are part of a broader framework to secure international funding for the institution. In addition to these specific bond types, the bank will evaluate other borrowing options...

Bank of Baroda to Consider Raising Foreign Currency Funds via Bonds and Loan Facilities Bank of Baroda has scheduled a meeting of its Board of Directors on July 24, 2026, to deliberate on a significant fund raising initiative. The primary objective of the meeting is to consider and approve the acquisition of foreign currency funds through the issuance of various instruments and external borrowing arrangements.The bank intends to explore multiple avenues for capital procurement, specifically focusing on the issuance of bonds. This includes a strategic focus on Green Bonds and ESG (Environmental, Social, and Governance) Bonds, alongside Certificate of Deposits.In addition to issuing securities, the bank is evaluating other borrowing...

Alkyl Amines Chemicals Limited to Review Quarter Ended June 30, 2026 Results Alkyl Amines Chemicals Limited has scheduled a meeting of its Board of Directors on Tuesday, August 4, 2026. The primary agenda for this meeting includes the consideration and approval of the company's unaudited financial results for the quarter that concluded on June 30, 2026.The board will review the performance metrics associated with the second quarter to provide an update on the operational and financial standing of the company for the period ending in June.ALKYLAMINE Stock Price Movement As of 12:25 PM, shares of Alkyl Amines Chemicals Limited are sliding by 4.11% in live trading, currently at ₹1811.4. The stock is experiencing heavy activity with a...

Shakti Pumps India Ltd to Host Q1 FY27 Earnings Conference Call on July 27 Shakti Pumps (India) Limited has announced that it will conduct an earnings conference call to discuss the company's un-audited financial results for the quarter ended June 30, 2026. The call is scheduled to take place on Monday, July 27, 2026, at 14:00 P.M. IST.The conference will feature participation from key management representatives to provide insights into the company's performance and operational updates for the first quarter of the fiscal year 2027.Management Participants The following members of the leadership team will be available during the call:NameDesignationMr. Dinesh PatidarChairmanMr. Ramesh PatidarManaging DirectorMr...

PTC Industries Secures Landmark Strategic Missile Sub-System Order from BrahMos Aerospace PTC Industries Limited has announced a significant milestone in its expansion into the high-value systems and sub-systems integration segment of the aerospace and defence sector. The company secured a landmark order from Brahmos Aerospace Private Limited for the development, integration, and supply of a strategic missile sub-system for the Brahmos programme.This contract marks a pivotal shift for PTC Industries as it moves downstream from providing critical materials and precision components to handling complex systems-level integration for advanced defence platforms. The project involves a mission-critical structural assembly designed to operate...

Rupee Plummets Toward Record Low as Oil Spike and Weak Inflows Trigger Sharp Depreciation The Indian rupee has slipped dangerously close to its record lows against the US dollar, facing intense pressure from a combination of surging crude oil prices, sluggish foreign capital inflows, and escalating dollar demand.On Friday, the currency was trading around 96.30 per US dollar, placing it just 0.55 percent away from its all-time low of 96.83 recorded on May 20. This recent slide has effectively wiped out all gains made following the Reserve Bank of India's June 5 measures designed to attract foreign capital.The depreciation came swiftly after US President Donald Trump announced the end of the Middle East ceasefire, causing the rupee to...

Motilal Oswal Initiates Coverage on Unimech Aerospace with Buy Rating as Stock Surges 40% YTD Motilal Oswal has initiated coverage on Unimech Aerospace, assigning a "Buy" rating to the company. The brokerage firm has set a target price of Rs 1,530, which implies a significant upside of 27% from current market levels.This positive outlook comes as the stock has already witnessed a substantial rally, gaining 40% on a year-to-date basis. Unimech serves as a critical supplier of specialized aero engine tools for major players including LEAP, Pratt & Whitney, and Rolls Royce, alongside airframe tools for Airbus and Boeing.Strategic Positioning and Market Tailwinds The bullish stance from Motilal Oswal is anchored in the company's ability...

Suryalata Spinning Mills Ltd to Convene Board Meeting on July 25, 2026 Suryalata Spinning Mills Ltd has scheduled a meeting of its Board of Directors to be held on Saturday, July 25, 2026. The primary objective of the meeting is to review and approve key financial outcomes and corporate governance documents for the preceding periods.The board is expected to deliberate on the un-audited financial results for both standalone and consolidated positions for the quarter ending June 30, 2026. Additionally, the company will take note of the Limited Review Report provided by the Statutory Auditors for the same period.Beyond the quarterly performance review, the meeting will address significant governance milestones, including the approval...

MT Educare Ltd Faces Operational Challenges Amid Staff Resignations and Declining Enrollments MT Educare Limited is experiencing significant operational challenges driven by adverse business conditions that have impacted the company’s topline and overall business operations. The company reported a period of financial stress resulting from mass resignations among faculty and support staff, which has hindered the maintenance of seamless academic operations across various centers.The operational strain has led to a reduction in student enrollment and rollover figures. A significant number of students have discontinued their registrations with the company as they seek alternative coaching institutes. These developments are expected to...

V B Desai Financial Services Ltd to Hold Board Meeting on July 29, 2026 V B Desai Financial Services Ltd has scheduled a meeting of its Board of Directors to be held on Wednesday, July 29, 2026. The board meeting is organized to deliberate on and transact specific business matters related to the company's financial performance for the recent quarter.The primary agenda for the meeting is the review and approval of the unaudited financial results for the quarter ended on June 30, 2026. Additionally, the Board will consider any other matters that may be presented with the permission of the Chair and the consent of a majority of the directors present during the proceedings.The scheduled meeting serves as a platform for the company to...

Jauss Polymers Limited Announces Resignation of Company Secretary and Compliance Officer Jauss Polymers Limited has announced the resignation of Ms. Priya Parashar from her position as Company Secretary and Compliance Officer (Key Managerial Personnel) of the company. The resignation became effective as of July 16, 2026, following the close of business hours.Ms. Parashar cited personal reasons for her departure from the role. In her resignation letter, she expressed appreciation for the opportunity to serve the company during her tenure and thanked the Board of Directors for their support throughout her association with the organization.The transition marks a change in the key managerial personnel structure for Jauss Polymers...

Indian Oil Corporation Ltd to Review Unaudited Financial Results for Quarter Ended June 30, 2026 Indian Oil Corporation Limited has scheduled a Board Meeting on July 31, 2026, to deliberate on and approve the company's Standalone and Consolidated Unaudited Financial Results for the quarter ending June 30, 2026.The meeting serves as a primary venue for the company to present its financial performance metrics for the period. The announcement follows an earlier communication regarding the closure of the trading window for dealing in Indian Oil securities.Trading Window Status for InsidersAs part of the company's internal protocols, the trading window remains closed for all insiders. This restriction is governed by the Insider Trading...

Indobell Insulations Ltd Secures Domestic Order for Ceramic Fibre Nodules Indobell Insulations Limited has secured a domestic order for the supply of Ceramic Fibre Nodules. The contract was awarded by Sundaram Brake Linings Limited, a domestic entity.The total value of the order is Rs 15,660,960.00. The agreement includes specific payment terms where payments are to be processed via direct credit within 45 days. The execution period for the contract is scheduled to conclude by March 2028.The company has confirmed that neither the promoter group nor any group companies hold any interest in the awarding entity. Additionally, the transaction does not fall under related party transactions.Order Details OverviewParticularsDetails...

Leo Dryfruits & Spices Trading Limited Passes Special Resolution to Alter Articles of Association Leo Dryfruits & Spices Trading Limited held its Extra-Ordinary General Meeting (EGM) on July 17, 2026, via Video Conferencing and Other Audio Visual Means. The meeting was conducted to deliberate on and vote upon significant corporate actions involving the company's internal governance structures.During the proceedings, shareholders voted on a Special Resolution regarding the alteration of the Articles of Association of the Company. The resolution received overwhelming support from the members present. According to the reports, all resolutions contained in the Notice of the EGM dated June 18, 2026, were passed by the members with the...

RBI Announces Results for Second 3-day Variable Rate Repo Auction as Cut Off Rate Hits 5.26% The Reserve Bank of India (RBI) has officially released the results of the second 3-day Variable Rate Repo (VRR) auction conducted on July 17, 2026. The auction saw a specific level of participation amid an overall notified amount requirement of ₹50,000 crore.The central bank's latest move reflects ongoing liquidity management efforts within the domestic monetary framework. Market participants are closely watching these auction outcomes to gauge the immediate trajectory of short-term interest rates and money market dynamics.Breakdown of Auction Participation and Allotment Out of the total notified amount of ₹50,000 crore, the RBI received...

Clean Science and Technology Ltd to Review Quarterly Financial Results Clean Science and Technology Ltd has scheduled a Board of Directors meeting on August 1, 2026, to deliberate on and approve the company's financial performance for the first quarter of the fiscal year.The meeting will focus on the un-audited standalone and consolidated financial results for the period ended June 30, 2026. The board is expected to review the operational and financial metrics associated with the quarter to provide a comprehensive overview of the company's standing.In line with internal protocols, the trading window for shares of the company has been closed for designated persons and their immediate relatives starting from July 1, 2026. This...