Markets

Advit Jewels Stock Surges, Reaching New High After Exiting Trade-to-Trade Segment Advit Jewels witnessed a significant rally on Wednesday after the stock was moved out of the restricted trade-to-trade (T2T) segment. The company's shares saw strong trading activity as it transitioned to normal intraday market operations.The stock climbed dramatically, hitting an intra-day high of Rs 222 per share on the NSE. While some profit booking occurred at higher levels, resulting in the closing price settling at Rs 208.70, the day still saw a substantial gain of 6 percent for investors.Impact of T2T Segment Exit on Stock Liquidity The rally was catalyzed by an NSE circular announcing that the post-listing stock had been moved out of the T2T...

India's Chip Ambition Surges: How Semiconductor Mission 2.0 is Securing Global Trust and Unlocking $200 Billion Market by 2035 Semiconductors are the silent backbone of modern civilization, driving everything from UPI payments and autonomous vehicles to advanced medical technology and national digital infrastructure. As global demand accelerates due to the rise of AI, 5G, and IoT, India is strategically positioning itself not merely as a participant, but as a trusted global hub in electronics and semiconductor manufacturing.The nation's commitment extends far beyond basic chip fabrication. Through the robust Semicon India Programme 2.0, the Government is comprehensively strengthening the entire value chain—from design and advanced...

Jana Small Finance Bank Reports Quarter-End Results: Net Profit Rises as Key Ratios Stand Firm Jana Small Finance Bank Ltd has announced its unaudited financial results for the quarter ended June 30, 2026. The bank reported a net profit after tax of ₹ 155.23 crores and a net worth of ₹ 4,463.49 crores.The unaudited financial results indicate strong operational performance across various key metrics as of the end of Q1 FY27. Earnings per share stood at Basic ₹ 14.74 and Diluted ₹ 14.69. The bank maintained a Debt-Equity Ratio of 0.99, while its Operating Margin was recorded at 19.13% and Net Profit Margin at 8.91%.The bank's asset quality metrics showed stable performance. The Gross NPA ratio was 2.39%, and the Net NPA ratio stood at...

Varanasi Decongestion Plan Approved: Cabinet Greenlights Rs 10,998 Crore Elevated Corridor for Major Economic Boost in Uttar Pradesh Massive Infrastructure Push Transforms Varanasi Connectivity The Cabinet Committee on Economic Affairs has approved a pivotal infrastructure project aimed at significantly decongesting and modernizing the urban transport network of Varanasi. The approval concerns the development of a 43.218 km Link/Connector Corridor along the Varuna River for the residents and businesses of Uttar Pradesh. This strategic move, implemented by the National Highways Authority of India (NHAI), promises to reshape regional connectivity within Eastern Uttar Pradesh.The corridor project is designed as a predominantly elevated...

Railway Network Surges! Cabinet Approves Dual Multitracking Projects in Odisha-Jharkhand to Boost Economic Mobility The Indian Railways are set for a major capacity augmentation following the approval of two significant multi-tracking projects by the Cabinet Committee on Economic Affairs. These projects, covering four districts across Odisha and Jharkhand, aim to drastically improve operational efficiency and streamline logistics across the regions.The proposed initiatives carry a total estimated cost of Rs 3,907 crore (approximately). The completion timeline for these vital upgrades has been set up until 2030-31.Strategic Importance of Rail Capacity Expansion The approval marks a critical step toward realizing the Prime Minister's...

India's Electronics Explosion: How Made-in-India Mobiles Surged to Become Global Powerhouse & Fuel Massive Job Creation The transformation taking place within India's electronics manufacturing facilities has solidified the nation's status as a burgeoning global manufacturing powerhouse. Driven by strategic government support and domestic innovation, India is rapidly scaling up its technology ecosystem. Mobile phones, in particular, have become more than a product; they represent a massive economic engine powering exports and creating high-value employment opportunities across the country.Mobile Manufacturing Propels India to Global Leadership Status India has undergone a dramatic shift, moving from a net importer of mobile phones to...

Abril Paper Tech Ltd To Hold 3rd Annual General Meeting on August 11, 2026Abril Paper Tech Ltd has scheduled its 3rd Annual General Meeting (AGM). The meeting is set to take place on Tuesday, August 11, 2026. Members of the company are invited to attend via Video Conferencing (VC) or Other Audio Visual Means (OAVM), starting at 3:00 p.m. IST.The AGM pertains to the Annual Report for the financial year 2025-26. The necessary documentation, including the Notice convening the meeting, has been made available through electronic means and is also uploaded on the company website.This event marks a key operational update for the partnership firm that transitioned into Abril Paper Tech Ltd, providing members with details regarding the...

Trust Fintech Limited Announces Resignation of CFO Anand Shankar Kane Trust Fintech Limited has announced that Mr. Anand Shankar Kane, who currently holds the dual roles of Director and Chief Financial Officer (CFO), is relinquishing his post as CFO. The resignation is effective from the close of business hours on Wednesday, July 22, 2026.Mr. Kane tendered his resignation to enable him to focus fully on Business Development and Sales for the company. Following this transition, he will also cease to be Key Managerial Personnel (KMP) of Trust Fintech Limited as of the same date.The company confirmed that Mr. Anand Shankar Kane has stated there are no material reasons for his resignation other than enabling a greater concentration on...

ICRA Assigns Triple-A Ratings to Cube Highways Trust Bank Facilities and NCDs Cube Highways Trust has received favorable credit ratings from ICRA Limited for its various instruments, including long-term bank facilities and a tranche of non-convertible debentures (NCDs). These ratings have been assigned in affirmation of the trust's financial strength.ICRA’s Rating Committee provided comprehensive assessments across multiple debt categories. The Trust received a rating reaffirmation on all assessed instruments related to its banking partnerships and NCD issuances.Bank Facilities Ratings The creditworthiness of Cube Highways Trust’s bank facilities was rated by ICRA Limited with the highest assurance. The total amount covering...

Rail Network Set for Massive Leap: Cabinet Greenlights Multi-Tracking Projects in Odisha and Jharkhand Worth Rs 3,907 Crore The Indian Railways is set to significantly upgrade its network infrastructure with the approval of two major multi-tracking projects. The Cabinet Committee on Economic Affairs has sanctioned these crucial developments, injecting substantial capital into the infrastructure of Odisha and Jharkhand states. These projects are designed to streamline operations and substantially alleviate existing railway congestion across the targeted regions.Key Approved Projects and Financial Scale The total estimated cost allocated for the two pivotal projects stands at approximately Rs 3,907 crore. The approved schemes include...

Key Corporation Ltd appoints Yogesh Chadha and Devesh Srivastava as Additional Directors Key Corporation Ltd has appointed Mr. Yogesh Yashpaul Chadha and Mr. Devesh Srivastava as Additional Directors of the company. The appointments were approved by the Board of Directors during a meeting held on Wednesday, July 15, 2026. Both directors will serve a term of five consecutive years, commencing from July 15, 2026, and concluding on July 14, 2031. The appointments are subject to the approval of Members through Postal Ballot.The Board meeting, which commenced at 1:30 PM and concluded at 2:30 PM, made the decision following the recommendation of its Nomination & Remuneration Committee.Profiles of Newly Appointed Directors Mr. Yogesh...

Glenmark Pharmaceuticals Announces Board Meeting to Approve Q1 Unaudited Results; Trading Window Remains Closed Glenmark Pharmaceuticals Ltd has announced that its Board of Directors will convene a meeting to review and approve the Unaudited Financial Results for the quarter ended June 30, 2026. The results, covering both Standalone and Consolidated figures, are scheduled for consideration at the board meeting on Friday, July 31, 2026.Following the conclusion of this board meeting, Glenmark Pharmaceuticals will submit its Unaudited Financial Results to the Stock Exchanges on July 31, 2026.In observance of the Company's Code of Conduct for Prevention of Insider Trading, Glenmark Pharmaceuticals confirmed that a trading window...

Massive Boost to Blue Economy: Govt Greenlights ₹1,570 Crore Ship Repair Hub and Greenfield Cluster for India’s Shipbuilding Surge Strategic Projects Solidify India's Ambition as a Global Maritime Hub The Ministry of Ports, Shipping and Waterways (MoPSW) has accorded in-principle approval to two pivotal maritime infrastructure initiatives under the Shipbuilding Development Scheme (SbDS). These projects represent a major stride in realizing India’s vision to become a preeminent global shipbuilding destination.The approvals encompass the development of a large-scale Greenfield Shipbuilding Cluster in Porbandar district, Gujarat, and a state-of-the-art ship repair facility in Vadinar within the Gulf of Kutch. The initiatives are central...

Sai Silks Approves FY Results, Fixes Dividend as AGM Scheduled for August 10 Sai Silks (Kalamandir) Ltd. announced several key outcomes following its Board of Directors meeting, which concluded on July 15, 2026. The Board approved the unaudited financial results for the quarter ended June 30, 2026, and finalized plans regarding the company's next Annual General Meeting (AGM).One of the major announcements is the fix for the final dividend of Rs. 1.50 per equity share, based on a face value of Rs. 2/- each. The meeting also set August 03, 2026, as the record date for this payment, subject to shareholder approval.The company's Board approved the Directors Report concerning the financial year ending March 31, 2026. Furthermore, the...

WeWork India Launches Member Services Platform, Offering Enterprise-Grade Solutions Beyond Flexible Workspace Bengaluru, July 15, 2026: WeWork India Management Limited, a leader in the flexible workspace sector, has launched Member Services. This first-of-its-kind platform is designed to redefine the value of flexible workspaces by providing members access to enterprise-grade business services and a curated network of trusted service partners that extend beyond their physical desk.Available exclusively to WeWork India members, Member Services aims to consolidate essential business solutions—spanning administration and technology, human resources, finance and legal, sustainability and governance, and marketing—into a single platform...

Cabinet Approves Mega Investment Policy for Urea-2026: Push to Achieve Self-Sufficiency in Fertilizer Sector The government has significantly bolstered domestic fertilizer production by approving the National Investment Policy for Urea-2026 (NIPU-2026). The proposal, vetted by the Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi, aims to drive massive investments into gas-based urea manufacturing units across the country. This policy represents a critical step towards achieving Atmanirbhar Bharat goals in the agricultural inputs sector.Key Incentives and Financial Benefits of NIPU-2026 NIPU-2026 introduces several advanced mechanisms designed to de-risk investment and enhance project viability...

AI Data Centre Boom Ignites Water Sector Surge: Stocks Rally Up As Infrastructure Demand Explodes The global focus on Artificial Intelligence infrastructure is inadvertently driving a massive rally in the Indian water sector stocks. While power companies remain central to meeting data centres’ enormous energy demands, water has emerged as an equally critical component of this high-growth ecosystem. This realization has placed domestic water-related companies under intense scrutiny and investment interest.Water scarcity and processing needs are now directly linked to the expansion of AI infrastructure projects. Companies operating in water management and related materials are consequently seeing significant gains across the board, with...

Anubhav Plast Ltd Schedules Board Meeting to Approve Financial Results for FY2026 Anubhav Plast Ltd, a manufacturer of steel tubular poles and pipes, has scheduled a meeting of its Board of Directors to consider and approve the Standalone Audited Financial Results for the year ended March 31, 2026.The company's board meeting is slated to be held on Monday, July 20, 2026. The primary agenda item for this meeting includes the formal approval of the financial outcomes corresponding to the fiscal year concluded in March 2026.Anubhav Plast Ltd is a key player in the manufacturing sector, specializing in Steel Tubular Poles and Pipes.Stock Price Movement As of 14:24, Anubhav Plast Ltd shares are dipping as the stock trades at ₹54.20...

Cabinet Greenlights MPMS: ₹62,500 Cr Scheme Poised to Fuel India’s Mobile Tech Sovereignty and Export Surge The Union Cabinet has formally approved the Mobile Phone Manufacturing Scheme (MPMS), a transformative initiative aimed at solidifying India's position as a global leader in electronics manufacturing. Chaired by the Prime Minister Shri Narendra Modi, the approval comes with a dedicated budgetary outlay of Rs 62,500 crore. This comprehensive scheme is set to run for five years, spanning from FY 2026-27 through FY 2030-31, focusing intensely on scaling production and achieving deep domestic value addition.Overview of the Mobile Phone Manufacturing Scheme (MPMS) The MPMS initiative is designed not merely to boost volume but to...

Geopolitical Tensions Ignite Global Markets as Hormuz Shipments Decline and Crude Faces $95 Jump Fresh escalations around the Strait of Hormuz have driven renewed alarm over shipping instability and rapidly rising global oil prices. The United States reimposed a naval blockade targeting Iranian ports and coastal areas, prompting strong warnings from Iran's Islamic Revolutionary Guard Corps (IRGC). This intense geopolitical drama casts significant risk across crucial energy supply chains worldwide.The Escalating Geopolitical Risk in the Gulf The heightened military tensions have placed critical focus on the Strait of Hormuz, a chokepoint that manages nearly one-fifth of all global oil and natural gas shipments. The IRGC warned it could...