Markets

Gujarat Pipavav Port Limited Appoints Zeeshan Mukhi as Chief Commercial Officer Gujarat Pipavav Port Limited has announced the appointment of Mr. Zeeshan Mukhi as its new Chief Commercial Officer. The appointment is scheduled to become effective by mid-October 2026.This leadership transition follows the resignation of Mr. Amit Bhardwaj from the position of Chief Commercial Officer, which was previously noted as effective from 30 June 2026.Mr. Zeeshan Mukhi brings extensive experience to the role, possessing over 22 years of expertise in the Container Shipping and Logistics sectors. His professional background includes holding various positions within major global entities such as AP Moller Maersk and DP World. For the past decade...

Time Technoplast Limited Secures Major Order from HPCL for Composite LPG Cylinders Time Technoplast Limited has secured a significant contract from Hindustan Petroleum Corporation Limited (HPCL) for the supply of 1,40,000 units of 10 kg Composite LPG Cylinders. The order, received through the Government e-Marketplace (GeM), is valued at approximately Rs 38.14 crore.The award highlights the increasing adoption of composite LPG cylinders by major oil marketing companies in India. These cylinders are preferred due to their lightweight construction, superior safety features, and enhanced consumer convenience. This contract reinforces Time Technoplast Limited's position in the composite cylinder market and supports the national shift...

Gandhi Special Tubes Limited Announces Proposed Share Buyback and AGM Details Gandhi Special Tubes Limited has announced a proposal for the buyback of its equity shares and scheduled its 41st Annual General Meeting (AGM) for August 2026. The company intends to utilize the tender offer route for the buyback, which is expected to be completed within 12 months from the date of the special resolution approval.Proposed Share Buyback Details The company plans to buy back up to 8,68,100 fully paid-up equity shares of Rs. 5/- each. This represents 7.14% of the total number of equity shares of the company as of March 31, 2026. The maximum price for the buyback is set at Rs. 900/- per equity share, with an aggregate amount not exceeding Rs...

CEAT Shares Tumble 7% as Q1 Profit Collapses 96% Amidst Sharp Margin Squeeze CEAT Ltd shares plummeted more than 7 percent in morning trade on Friday following a disastrous earnings report for the June quarter. The tyre manufacturer faced a severe profitability crunch as soaring raw material costs overshadowed significant revenue growth.Investors reacted sharply to the data, sending the stock down as much as 9.4 percent during the trading session. Shares were trading at Rs 3,545, marking a notable sell-off that positioned the stock among the top losers in the BSE Smallcap index.The company currently holds a market capitalization of more than Rs 14,350 crore. However, its stock performance has lagged behind broader market trends...

Caliber Mining IPO Sees Strong Day 1 Momentum With 20 Percent Subscription and 25 Percent GMP The Caliber Mining and Logistics Limited initial public offering (IPO) has kicked off with significant interest, recording a 20 percent subscription level by 10:20 am on July 17. Data from the National Stock Exchange confirms that the Maharashtra-based mining operator is seeing steady demand during its opening day of bidding.The public offer, valued at Rs 450 crore, has received bids for 16,11,470 shares against a total offering of 78,35,821 shares. Institutional and retail interest remains high as the subscription window remains open to investors seeking exposure to the mining and logistics sector.Non-Institutional Investors Drive Early...

CXMT’s $8.6 Billion IPO Sees Massive 243-Times Oversubscription Amidst Cooling Tech Sentiment Chinese memory chipmaker ChangXin Memory Technologies (CXMT) has secured a significant foothold in the public markets with its $8.6 billion initial public offering (IPO). While the listing drew intense retail interest, the data reveals a nuanced landscape of high demand tempered by growing investor caution regarding China's technology sector.The retail and online tranche of the IPO was oversubscribed by 243.93 times. This underscores a powerful appetite for what currently stands as Asia’s largest IPO of the year. However, market participants noted that this level of subscription is lower than the extreme frenzy seen in several recent Chinese...

IT Stocks Surge as Tech Mahindra’s Robust Q1 Results and HCLTech's Massive 7-Year Deal Ignite Sector Rally The Indian IT sector witnessed a powerful breakout on Friday, with major players including Infosys, TCS, and HCLTech leading a significant rally. Shares of these industry giants surged up to 3.3%, propelled by stellar quarterly performance from Tech Mahindra and a landmark long-term contract for HCLTech.This broad-based buying interest pushed the Nifty IT index up 658 points, representing a sharp 2.3% gain to reach 29,381. The rally came despite broader industry headwinds involving concerns over discretionary spending and rising wage costs.Tech Mahindra Outperforms Estimates to Drive Momentum Tech Mahindra emerged as a primary...

SBI Mutual Fund Reduces Stake in V-Guard Industries Ltd SBI Mutual Fund has reduced its shareholding in V-Guard Industries Ltd, reporting a change in its portfolio as of July 15, 2026. The mutual fund, operating under various schemes, executed the sale of shares in the open market.The transaction involved the sale of 12,39,519 shares carrying voting rights. Prior to this transaction, SBI Mutual Fund held 3,19,04,070 shares, representing a 7.3025% stake in the company. Following the sale on July 15, 2026, the holding was reduced to 3,06,64,551 shares, which constitutes a 7.0188% stake in the paid-up share capital of V-Guard Industries Ltd.The total equity share capital and voting capital of V-Guard Industries Ltd remains unchanged at...

CTL Trusteeship Limited Creates Share Pledge Over Restaurants Brands Asia Limited Equity CTL Trusteeship Limited, a group company of Catalyst, has established a share pledge over the equity shares of Restaurants Brands Asia Limited. The transaction was finalized on July 14, 2026.The acquisition involves an encumbrance of 11,88,93,177 shares. Following this action, the holding in the nature of encumbrance stands at 16.71% of the total share capital and 14.84% of the total diluted share capital.The transaction was executed via a share pledge created over the equity shares of Restaurants Brands Asia Limited in favor of CTL Trusteeship Limited. The total equity share capital of Restaurants Brands Asia Limited remains at INR...

Siyaram Recycling Industries Ltd Secures Order from Metal Scrap India Siyaram Recycling Industries Ltd has secured a significant business order from Metal Scrap India for the supply of Brass Scrap. The transaction, which is categorized as a domestic contract, carries a total value of Rs. 99,23,800.The company confirmed that the agreement is structured as a fixed cost arrangement. The execution period for this specific order is scheduled to be completed within 5 days from the date of the announcement.Siyaram Recycling Industries Ltd has confirmed that there is no promoter or group company interest in the entity awarding the contract. Furthermore, the transaction does not qualify as a related party transaction and was conducted on an...

Antara Care Homes Integrates Robotic-Assisted Exoskeleton for Rehabilitation in Bengaluru Antara Care Homes, the transition care and assisted living arm of Antara Senior Care, has launched the ExoAtlet II robotic-assisted exoskeleton at its Bannerghatta centre in Bengaluru. This technological addition places the facility among a select group of Indian transition care centres providing robotic-assisted recovery for patients recovering from stroke, paralysis, neurological disorders, and orthopaedic conditions.The ExoAtlet II is a wearable robotic suit designed to fit around a patient's hips and legs. The technology enables patients to perform hundreds of consistent, physiologically accurate steps during each session, providing a level...

Indobell Insulations Limited Secures Domestic Order Worth Rs 4,53,51,530.00 Indobell Insulations Limited has secured a domestic order for Ceramic Fibre Nodules from Sundaram Brake Linings Limited. The contract is valued at Rs 4,53,51,530.00.The company confirmed that the order pertains to the supply of Ceramic Fibre Nodules and will be executed by March 2028. According to the agreement, the payment terms are structured as direct credit within a period of 45 days.Key details regarding the contract are outlined in the table below:ParticularsDetailsName of Entity Awarding OrderSundaram Brake Linings LimitedNature of OrderCeramic Fibre NodulesOrder SizeRs 4,53,51,530.00Type of EntityDomesticExecution TimelineMarch...

Hindustan Adhesives Ltd Updates Corporate Website Disclosures Hindustan Adhesives Limited has completed an update of its corporate website to ensure full compliance with listing requirements. The company conducted a comprehensive review of the information available on its digital platform following an assessment of previous disclosures.The company confirmed that while certain information was already hosted on the site, specific updates were required to meet current standards. Following a secondary review, Hindustan Adhesives Limited has updated and uploaded the necessary disclosures to ensure all information is current and accurate.The company's website link was updated through the BSE Listing Centre as of July 15, 2026. This action...

ICICI Prudential Mutual Fund Reduces Stake in Gateway Distriparks Ltd ICICI Prudential Mutual Fund has reduced its ownership stake in Gateway Distriparks Ltd. following a series of net sales conducted between February 2022 and July 2026. The fund, which manages various schemes and investment strategies, reported a significant decrease in its shareholding as part of its portfolio management.The most recent transaction occurred on July 15, 2026, involving a net sale of 1,31,927 shares. This specific transaction contributed to the fund's holding decreasing by more than 2% of the paid-up capital of Gateway Distriparks Ltd. compared to the previous disclosure made on February 16, 2022.According to the data provided, the fund has sold a...

Lyka Labs Limited Schedules 47th Annual General Meeting for August 2026 Lyka Labs Limited has announced that its 47th Annual General Meeting (AGM) is scheduled to take place on Monday, August 10, 2026. The meeting will be conducted at 12:30 PM (IST) using Video Conferencing (VC) facilities and other Audio Visual Means (OAVM).The company has initiated a process to ensure all shareholders can access the Annual Report for the Financial Year 2025-26. Specifically, letters have been dispatched to shareholders who do not have registered email addresses with the Company, Registrar and Share Transfer Agent (RTA), or Depository Participants. These communications provide a specific web link to the company website where the full Annual Report is...

HDFC Mutual Fund Reduces Stake in Piramal Pharma Limited HDFC Mutual Fund has reduced its shareholding in Piramal Pharma Limited by 2.005% as of July 14, 2026. The transaction was executed through the open market.The reduction brings the aggregate holding of the Schemes of HDFC Mutual Fund in Piramal Pharma Limited to 7.015% of the paid up equity share capital as of July 14, 2026. This follows a previous reported holding of 9.034% as of June 26, 2025.The transaction involved the disposal of 2,66,88,471 shares carrying voting rights. Following this sale, the total number of shares held by the fund's schemes stands at 9,33,93,655.The financial details regarding the change in shareholding are outlined in the table below...

Vishal Mega Mart Limited to Review Financial Results for Quarter Ended June 30, 2026 Vishal Mega Mart Limited has scheduled a meeting of its Board of Directors on July 23, 2026, to deliberate on the company's financial performance. The primary agenda for the session includes the consideration and approval of the Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026.The meeting serves as a key milestone for the company to present its fiscal updates and operational outcomes for the preceding period. Following the board's review, the financial results will be shared with stakeholders.In line with the company's internal Code of Conduct regarding insider trading, the trading window for dealing in...

Indobell Insulations Ltd Secures Domestic Order for Nodulated Wool Worth Rs 2,19,40,477.50 Indobell Insulations Limited has secured a domestic order for the supply of Nodulated Wool from Sundaram Brake Linings Limited. The contract is valued at Rs 2,19,40,477.50 and pertains to a domestic entity.The company is scheduled to execute the order by March 2028. According to the terms of the agreement, the payment structure is set as 45 days direct credit. The transaction does not involve any promoter group interest or fall under related party transactions.Key details of the contract are outlined in the table below:ParticularsDetailsName of Entity Awarding OrderSundaram Brake Linings LimitedNature of OrderNodulated Wool...

HDFC Mutual Fund Increases Stake in PB Fintech Ltd to 5.02% HDFC Mutual Fund has increased its ownership stake in PB Fintech Ltd, bringing its aggregate holdings to 5.02% of the company's paid up equity share capital as of July 14, 2026.The acquisition was executed through the open market. Prior to this transaction, the holding of HDFC Mutual Fund and Persons Acting in Concert (PAC) stood at 4.99%, representing 2,30,77,520 shares carrying voting rights. The recent acquisition involved an additional 1,29,068 shares, which accounted for a 0.03% increase in the total shareholding.The total paid up equity share capital of PB Fintech Ltd remains unchanged at Rs. 92,53,89,740, which consists of 46,26,94,870 equity shares with a face value...

Shardul Securities Ltd Announces Significant Share Transfer Among Promoter Group Members Shardul Securities Limited has announced a significant transaction involving the transfer of equity shares within its promoter group. The company confirmed that 1,83,20,010 equity shares, each carrying a face value of Rs. 2, were transferred to Shriyam Commodities Intermediary LLP. This transaction represents 20.94% of the paid-up equity share capital of Shardul Securities Limited.The transfer was executed by M/s. Pradeep Sandeep Corporate Advisors LLP, M/s. Kamvan Construction Private Limited, Mr. Gagan Dinanath Chaturvedi, Mrs. Shruti Gagan Chaturvedi, and Mrs. Mohini G Chaturvedi. All involved parties are promoters of the company. The...