Markets

Shyam Metalics Announces Q1 FY27 Results and Schedules Investor Earnings Conference Call Shyam Metalics and Energy Ltd., an integrated metals and energy producer, has scheduled the announcement of its first quarter FY27 (Q1FY27) results. Following the financial declaration, the company will host an earnings conference call for investors and analysts.The management confirmed that Shyam Metalics will announce its Q1 FY27 results on Monday, July 20, 2026. The subsequent Earnings Call is set for Tuesday, July 21, 2026.The company maintains a diversified portfolio across carbon steel, stainless steel, ferro alloys, aluminium foil, and long steel products. Operating with a fully integrated ore-to-metal manufacturing model, Shyam Metalics...

Groww Revenue Surges Amid Profit Spike as MTF and Commodity Trading Drives Market Share Gains Billionbrains Garage Ventures Ltd., the parent company of Groww, reported a period of significant financial expansion in Q1 FY27. The consolidated revenue from operations jumped 66% year-on-year (YoY), reaching Rs 1,501 crore. This growth was complemented by a sharp increase in net profit, which rose 94% YoY to Rs 735 crore.The company's total income stood at Rs 1,549 crore, highlighting strong operational performance across the platform. While equity derivatives decreased in relevance to the overall revenue mix, other areas demonstrated robust growth.Revenue Diversification Away from Equity Derivatives A key finding from the Q1 results is...

Raymond Realty Ltd Appoints UMA LODHA & CO. as Secretarial Auditor for Five YearsRaymond Realty Ltd announced that its shareholders approved the appointment of M/s. UMA LODHA & CO. as the company’s Secretarial Auditor. The decision was finalized at the Annual General Meeting (AGM) held on Tuesday, July 14, 2026.The appointment covers the first term of five consecutive years, effective from the financial year 2026-27 through to the financial year 2030-31. M/s. UMA LODHA & CO. will be responsible for auditing the company's secretarial and related records during this period.The appointment details and specifications of the firm are provided below:ParticularDetailsAuditor FirmM/s. UMA LODHA & CO. (Peer Reviewed)Term of...

Serious Fraud Investigation Office Launches Inquiry into Bharat Road Network and Subsidiary Bharat Road Network Ltd, along with its subsidiary Orissa Steel Expressway Private Limited, has been notified regarding an investigation initiated by The Serious Fraud Investigation Office (SFIO). The inquiry relates to the affairs of SREI Infrastructure Finance Limited and other companies currently under scrutiny.The company received communication from the SFIO, which operates under the Ministry of Corporate Affairs (MCA), on July 14, 2026. This action involves an investigation into Bharat Road Network and its subsidiary concerning matters under Section 212(1)(c) of the Companies Act, 2013, including a request for information under Section...

Metal Coatings India Ltd Announces Auditor Appointments and AGM Details Metal Coatings India Limited announced key outcomes from its Board meeting held on July 15, 2026, approving critical appointments for the company, along with setting dates for its upcoming Annual General Meeting (AGM).The Company confirmed the re-appointment of statutory, cost, and internal auditors for the Financial Year 2026-27. The Board approved M/s Mehra Goel & Co LLP, Chartered Accountants, as the Statutory Auditor for a second term of five consecutive years, effective until the conclusion of the 37th AGM.The appointments details are summarized below:RoleAppointee NameTenure / Financial YearStatutory AuditorM/s Mehra Goel & Co LLP, Chartered...

EMS Ltd Secures Contract for Sewer Network and House Connections in Varanasi EMS Ltd has received a Letter of Acceptance (LOA) from UP Jal Nigam (Urban), Varanasi, for a significant contract involving the laying of sewer network and house connections within the Nagar Nigam area. The order value, which is estimated excluding GST, stands at Rs. 10,284.76 lakhs.The project covers the work in 18 problematic wards, including Shivpurwa, Tulasipur, Birdopur, and Kajipura. EMS Ltd has been selected for this turnkey assignment following a tender process.According to the details provided, the contract involves various stages of municipal infrastructure development. The scope includes Surveying, Soil Investigation, Design, and the Supply of...

Chemkart India Posts Strong Q1 FY27 Revenue, Pivots from Supplier to Solutions Partner Chemkart India Ltd has reported robust performance for the first quarter of fiscal year 2027 (Apr-Jun), achieving strong revenue growth while simultaneously reinforcing its transition into a solutions-driven partner in the nutraceutical and specialty ingredients industry. The company highlighted strategic investments in research and development (R&D) and significant progress toward commissioning its new manufacturing facility.The financial snapshot for April to June FY27 showed revenue from operations standing at INR 9,960.22 lakhs. This performance represents achieving nearly half of the previous financial year's full-year revenue in just three...

Sikozy Realtors Ltd Reports Cessation of Director Ms. Sonali Dighe Sikozy Realtors Ltd has announced the resignation of Ms. Sonali Dighe, who ceased to be a Director of the company effective June 16, 2026.The Board of Directors confirmed the cessation of Ms. Dighe as an Independent Director. The detailed reason provided for her departure was her inability to devote sufficient time and attention to the office due to personal reasons, leading to her inability to attend Board Meetings.Following the resignation, the company addressed specific clarifications regarding its directors' holdings in other listed entities. Sikozy Realtors Ltd confirmed that Ms. Sonali Dighe does not hold directorships in any other Listed Entity.Details...

Indian Energy Exchange Schedules Board Meeting to Review Q1 Financial Results Indian Energy Exchange Ltd has announced that its Board of Directors meeting is scheduled for Thursday, July 23, 2026. The meeting is set to consider and approve the Unaudited Financial Results for the quarter ending June 30, 2026.The company will review both the Standalone and Consolidated financial results during this board session.In an update regarding market activity, Indian Energy Exchange stated that the trading window for dealing in the Company's shares is currently closed. The trading window will open following a 48 hour period after the declaration of the aforementioned financial results.IEX Stock Price Movement As of 2:50 PM, shares of Indian...

Motilal Oswal Launches Nifty Oil & Gas ETF: Tracking Energy Giants for High-Octane Sector Bets Motilal Oswal Asset Management Company (MOAMC) has introduced the Motilal Oswal Nifty Oil & Gas ETF, a specialized open-ended fund designed to capture the total return of the oil and gas sector. This launch caters directly to investors seeking focused exposure to India’s robust energy industry, providing them with an instrument linked directly to the performance dynamics of the core constituents in the underlying index.The ETF aims to provide returns that closely correspond to the Nifty Oil & Gas Total Return Index, making it a passive tool for tracking the sector's movements and growth trajectory. The fund is set up as an Exchange Traded...

Boston Commerce Ltd Announces Capital Reduction Plan and Appoints Key Auditors Following Board Meeting Boston Commerce Limited (formerly known as Boston Bio Systems Limited) finalized several key appointments and approved a significant Scheme of Arrangement for the reduction of its share capital following a meeting of its Board of Directors held on July 7, 2026. The board decisions included appointing new secretarial, statutory, and internal auditors, alongside confirming a change in Key Managerial Personnel (KMP).The company approved the restructuring proposal, which is intended to realign the equity capital structure by setting off accumulated business losses against the existing share capital. This move aims to improve the net...

AI Drives Massive Workforce Reduction in Top Private Banks as Digital Transformation Accelerates India’s premier private sector banks are rapidly integrating advanced artificial intelligence and digital capabilities across their operations. Annual reports from HDFC Bank, Axis Bank, and Kotak Mahindra Bank reveal a clear trend: technology adoption is leading to significant workforce reductions as these institutions accelerate toward becoming highly efficient, tech-led organizations.HDFC Bank Leads Workforce Consolidation with AI Implementation HDFC Bank reported the most substantial reduction among the three major lenders in fiscal year 2026. The bank saw non-supervisory roles decline significantly, from 1.70 lakh employees to 1.62...

PM Modi Highlights Textile Revolution: Bharat Tex 2026 Fuels Vision 2030 and Showcases Global Manufacturing Muscle Prime Minister Shares Article on Bharat Tex 2026 Significance The Indian textile sector is set for a strategic spotlight with the announcement of Bharat Tex 2026. Prime Minister Narendra Modi recently shared an article penned by Union Minister of State, Shri Pabitra Margherita, detailing the immense significance of this upcoming event. The post underscores how Bharat Tex 2026 aims to showcase India’s deep manufacturing capabilities and its expansive textile heritage on a global stage.The Premier noted that the event is not just a trade show but a direct reflection of the nation’s ambitious economic trajectory. He...

Aye Finance Announces Board Meeting to Review Q1 Results and Approve Potential INR 4,000 Crore Funding Raise Aye Finance Ltd has scheduled a meeting of its Board of Directors on Wednesday, July 22, 2026. The primary purpose of the meeting is to consider and approve two significant agenda items: the unaudited financial results for the quarter ending June 30, 2026, and a proposal related to raising substantial funds through debt instruments.The board agenda includes reviewing the Unaudited Financial Results for the company covering the period up to June 30, 2026.A major component of the meeting is the proposal concerning the raising of capital. Aye Finance plans to consider the issuance of Non-Convertible Debentures (NCDs) amounting...

Government-Backed Investment Propels Ather Energy's Funding Push as Founders, Hero MotoCorp Commit Heavily Institutional Boost for Electric Mobility Leader Ather Energy has secured a significant institutional endorsement through its planned Rs 2,500-crore capital raise. The company’s proposed Qualified Institutional Placement (QIP) is set to receive an investment of Rs 200 crore from the India-Japan Fund (IJF). This strategic backing comes alongside commitments from Ather's founding team and major shareholder Hero MotoCorp.The QIP, which is part of a larger fundraising effort, signals strong faith in the company’s growth trajectory. The partnership highlights growing governmental interest in nurturing indigenous electric vehicle...

Indian Toners & Developers Ltd holds 36th Annual General Meeting; Confirms Dividend and Re-appoints Key Directors The Members of The Indian Toners & Developers Limited (the Company) participated in its 36th Annual General Meeting (AGM), which was held on Monday, July 13, 2026. The meeting took place at the company's registered office in Rampur.Sh. Sushil Jain chaired the AGM. Directors and senior management present included Shri Arun Kumar Garg, Chairman of the Audit Committee and Stakeholders Relationship Committee, Mr. Surya Pratap Singh, Chief Financial Officer, and Vishes Chaturvedi, Company Secretary. The meeting commenced after establishing the requisite quorum, with relevant documents made available for inspection by the...

IEC Education Ltd Board Meeting Scheduled to Approve Quarter Ended June 30 Financial Results IEC Education Ltd has announced a meeting of its Board of Directors to review and approve its financial performance for the quarter ended June 30, 2026.The Board meeting is scheduled to take place on Thursday, July 23, 2026. During the meeting, the company will consider and formally approve the Unaudited Standalone and Consolidated Financial Results pertaining to the specified quarter.Stock Price Movement As of 14:22, IEC Education Ltd shares are edging down slightly at ₹22.44, reflecting a drop of 0.27%.The stock has been quite volatile today, having traded between an intraday low of ₹21.20 and a high of ₹22.50.

CSM Technologies Secures World Bank-Funded Digital Procurement Project in Malawi CSM Technologies Limited, a leading GovTech company specializing in Digital Public Infrastructure (DPI) solutions across emerging economies, has secured an international assignment focused on developing a digital procurement platform for Malawi. The project was awarded by the Public Private Partnership Commission (PPPC) of Malawi to CSM Tech Limited, the wholly owned subsidiary of CSM Technologies located in Kenya.The initiative, part of the Digital Malawi Acceleration Project (DMAP), involves designing, developing, and commissioning an Electronic Auctioning Platform (EAP). This assignment is funded by the World Bank through the International Development...

ICICI Prudential Life Profits Surge 28% as Premium Growth Drives Share Rally ICICI Prudential Life Insurance reported robust first-quarter results, driven by significant growth in premium collections across its portfolio. The Indian insurer announced that its net profit rose by 28%, marking a strong performance for the quarter ended June 30. Following this positive announcement, shares of the Mumbai-based company were trading up 4% at Rs 524 as of 2:20 pm on July 15.Q1 Profit and Growth Highlights The insurer posted a profit after tax amounting to Rs 386 crore for the reported three-month period. This figure represents substantial growth when compared to the previous year, during which the company recorded a profit of Rs 302 crore...

Ather Energy Secures Capital through Preferential Issue, Allocating Equity Shares and Warrants to Key Investors Ather Energy Limited has successfully concluded a capital raising initiative through a preferential issue, approving the allotment of equity shares and convertible warrants. The Board of Directors approved the transaction aimed at raising up to INR 1,200 Crores (Indian Rupees Twelve Hundred Crores only).The preferential issuance involved two primary components: the placement of fully paid-up equity shares to an institutional investor and the allocation of convertible warrants to corporate partners and company promoters.Capital Allocation Details Under the terms of the issue, 16,26,016 Equity Shares were issued at an Issue...