Markets

Ather Energy Reports FY2026 Results: Revenue Climbs as Net Loss Narrows Amid Major Capital Investments Ather Energy Limited has released its audited financial statements for the fiscal year ending March 31, 2026. The results show a significant increase in revenue compared to the previous year, while the company successfully narrowed its net loss despite incurring substantial operational costs and investing heavily into intangible assets under development.The financial reports highlight material changes across various aspects of the business, including the utilization of Initial Public Offer (IPO) proceeds and advancements in technology investments.Financial Performance Snapshot (FY 2026 vs FY 2025) Ather Energy saw its total income...

Citizen Solar Ltd Set to Approve Restated Financial Results at Board Meeting on July 22, 2026 Citizen Solar Ltd has scheduled a Board meeting to consider and approve the restated audited standalone and consolidated financial results for the financial years ended March 31, 2024, and March 31, 2025. The approval of these financial statements is scheduled following an amalgamation event.The company announced that the board meeting will be held on Wednesday, July 22, 2026. At the meeting, the directors are expected to consider and approve the restated audited results for both fiscal years, subjecting them to necessary statutory approvals.The meeting agenda is set to include transactions related to the financial results. Additionally...

Schaeffler India Launches Social Innovation Fellowship 2026-27 to Empower Innovators Tackling India's Societal Challenges Schaeffler India Limited, a leading motion technology company, has introduced the Schaeffler India Social Innovation Fellowship for 2026-27. This initiative is designed to recognize and support individuals developing innovative, sustainable solutions capable of creating meaningful social and environmental impact in India. Representing the company's dedication to inclusive progress through innovation, the fellowship marks its fifth year of operation.The program aims to identify, mentor, and accelerate 10 high-potential social innovators from across India. A strategic focus is placed on identifying entrepreneurs...

OnEMI Technology's Subsidiary Secures AMFI Registration Number OnEMI Technology Solutions Ltd., following the incorporation of its Wholly Owned Subsidiary (WOS), Invincible Minds Private Limited, has confirmed that the WOS has been granted an AMFI Registration Number (ARN).The association with the Association of Mutual Funds in India (AMFI) was finalized after the subsidiary received confirmation via email on July 14, 2026.This ARN grants the company operational legitimacy within the mutual funds sector and is set to be valid for a specified period. The registration is effective from July 13, 2026, extending through to July 12, 2029.The update concerns Invincible Minds Private Limited, which operates as a WOS of OnEMI Technology...

Bombay Dyeing Stock Update: Supreme Court Issues Notice in SEBI Dispute, No Stay Granted Against SAT Order Bombay Dyeing & Manufacturing Company Ltd provided an update regarding its ongoing legal matter before the Supreme Court concerning a dispute originating from a Securities Appellate Tribunal (SAT) order.The company confirmed that the appeal filed by SEBI before the Hon'ble Supreme Court, which was related to an earlier disclosure concerning the order passed by the SAT that had set aside a SEBI Order against the Company, was listed in the matter on July 13, 2026.Following the hearing of all parties by the Hon'ble Court, notice was issued in the matter on July 15, 2026. The Supreme Court directed the Company and other concerned...

Hinduja Global Solutions Affirms No Material Information Driving Volume MovementHinduja Global Solutions Ltd has clarified its position regarding increased trading volumes, stating that such movements are purely driven by market dynamics and not influenced by any corporate decisions or material information from the company.The company issued a statement on July 15, 2026, addressing concerns related to volume changes. Hinduja Global Solutions emphasized that there has been no decision taken by its Board of Directors that necessitates the disclosure of specific information concerning the market movement.According to the company's communication, all material information pertaining to the operations and performance of Hinduja Global...

Gujarat Inject Announces Strong Q1 FY27 Results, Appoints New Managing Director and Advances Strategic Name Change Vadodara, Gujarat - July 15, 2026: Gujarat Inject (Kerala) Limited today announced its standalone un-audited financial results for the first quarter of fiscal year 2027 (Q1 FY27). The company reported a robust performance, highlighting significant growth as it transitions rapidly into the solar and clean energy sector.The Board of Directors approved the Q1 FY27 financial results, reporting strong figures across revenue and profitability. Simultaneously, the company announced the appointment of Mr. Murli Shivshankaran Nair as Managing Director and advanced its strategic name change to REGENOVA RENEWTECH LIMITED, aligning...

Capital Infra Trust Unitholding Pattern Report Reveals Public Holding Exceeds 67% As of June 30, 2026 Capital Infra Trust has released its Unit Holding Pattern Report for the quarter ending June 30, 2026. The report indicates that nearly two-thirds of the trust's outstanding units are held by the public segment.As per the data, the total outstanding units stand at 49,15,51,733. Of this amount, the Sponsor and Sponsor Group collectively hold 15,94,34,890 units, representing 32.44% of the total trust holdings. The remaining 67.56%, or 33,21,16,843 units, are allocated to the Public Holding segment.The sponsor group's holding is primarily concentrated in Bodies Corporate (15,94,34,890 units), accounting for 32.44% of the outstanding...

Central Bank Pricing: T-Bill Auction Reveals Mixed Demand as Yields Climb Across 91, 182 and 364 Days The Reserve Bank of India (RBI) released the comprehensive results for its latest Treasury Bills auction on July 15, 2026. The results provide a granular look into market demand across three different tenors: 91-Day, 182-Day, and 364-Day instruments.The auction reflected varied levels of participation, with key metrics related to cut-off prices and weighted average yields being finalized for each segment. The data is critical for understanding the current liquidity appetite in the short-term government debt market.Overview of Treasury Bill Auction Results The total notified amounts across all three tenors were 9,000 ₹ crore...

Arex Industries Schedules Board Meeting to Discuss Q1 Unaudited Financial Results Arex Industries Ltd, a manufacturer of textile labels, has scheduled a Board of Directors meeting for July 29, 2026. The primary agenda item for the session is reviewing and approving the company's financial performance for the quarter ending on June 30, 2026.The upcoming board meeting is intended to cover the Unaudited Financial Results for the quarter ended June 30, 2026. Directors will be asked to consider and approve these results.In addition to reviewing the quarterly financials, the agenda includes consideration of other matters, subject to the permission of the Chair.Stock Price Movement Arex Industries Ltd settled at ₹112.50 on Tuesday...

California Software Company Confirms Completion of Security Dematerialization Process California Software Company Limited confirmed the completion of the dematerialization process for its securities related to the quarter ended June 30, 2026.The company announced that the securities received from Depository Participants for dematerialization during this period were confirmed by the registry and are currently listed on the stock exchanges.The confirmation also verified that the security certificates used for dematerialization have been mutilated and cancelled following due verification conducted by the depository participant. Furthermore, the name of the depository has been substituted into the register of members as the registered...

DCX Systems Makes Further Investment in ELTX Systems Through Rights IssueDCX Systems Ltd has increased its stake in ELTX Systems Private Limited by acquiring equity shares through a rights issue. The investment targets strategic growth and operational requirements within the Defence and Aerospace Industry.The company acquired 234,229 equity shares of ELTX at a total cost of ₹84,32,24,400/-, which is equivalent to ₹10/- per share, after factoring in the premium of ₹ 3,590/- per share. The transaction was completed as Cash Consideration and the shares were allotted to DCX on July 14, 2026.ELTX Systems Private Limited operates as an Associate and Joint Venture with ELTA Systems Limited, Israel. The investment by DCX Systems is...

Kusumgar Shares Surge to Near Upper Circuit on Listing Day, Reaching 50%+ Gain Amid Defence Sector Demand Kusumgar shares witnessed a spectacular performance on Wednesday, extending their listing gains and climbing as high as 44 percent in intraday trading amid significant investor interest. The engineered fabrics manufacturer saw its stock rise dramatically across exchanges, highlighting strong market sentiment towards the defence sector.Record Trading Performance Across Exchanges The company debuted at a premium of nearly 37 percent over its issue price of Rs 419. On the BSE, Kusumgar traded at Rs 574, marking a gain of 36.99 percent from the issue price. The stock subsequently climbed to Rs 631.35, achieving a gain exceeding 50...

Crisil ESG Ratings Assign 'Crisil ESG 66' and Core ESG '69' to IIFL Finance Ltd IIFL Finance Limited has received voluntary ESG ratings from Crisil ESG Ratings & Analytics Limited based on its disclosures for fiscal 2026.The rating assessment, conducted by Crisil ESG Ratings, provided two specific ratings categories: the overall ESG rating and the Core ESG rating. The assignment was made utilizing data disclosed by IIFL Finance Ltd. and other publicly available information.The details of the ESG ratings assigned to IIFL Finance are presented below:Rating TypeAssigned RatingCrisil ESG RatingCrisil ESG 66Crisil Core ESG RatingCrisil Core ESG 69The assignment of these ratings was a voluntary process conducted by Crisil...

Best Eastern Hotels Clarifies Share Price Movement Attributes to Market Conditions Best Eastern Hotels Ltd has stated that the recent movement in its shares is purely market driven and attributable solely to prevailing market conditions. The company clarified that it possesses no specific information or announcement that could influence the price or volume behavior of its stock.The statement addressed observations regarding significant movements in the Company's share price, clarifying that the volatility is entirely linked to external market dynamics rather than any internal corporate development.Best Eastern Hotels Ltd maintained that the stock movement is a direct result of market conditions, confirming that it has no specific...

Glittek Granites Ltd completes share transmission of 500 shares to Mr. Ashish Killa Glittek Granites Ltd has completed the transmission of a set of shares following a change in ownership status. The company announced that the transmission process involved 500 shares previously held under the name of late shareholder Asha Devi Killa.The shares, corresponding to certificate numbers 2258 through 2562, have been successfully transmitted and transferred to Mr. Ashish Killa. This transaction updates the records concerning the holdings associated with the company's ISIN INE-741801027.Stock Price Movement As of 10:14, shares of Glittek Granites Ltd are ticking up slightly, trading at ₹50.92 after a 1.98% gain. The stock is currently locked...

Hindusthan Insulators & Industries Ltd Schedules Board Meeting to Approve Q1 ResultsHindusthan Insulators & Industries Limited, formerly known as Hindusthan Urban Infrastructure Limited, has scheduled its Board of Directors meeting to review and approve the Unaudited Financial Results for the quarter ended June 30, 2026.The company's board meeting is set for Tuesday, July 21, 2026, where the financial results from the specified quarter are scheduled to be considered and approved.In addition to the corporate governance update, the company has announced a closure of the trading window pertaining to its securities for designated persons and their immediate relatives. This restriction is in effect from July 01, 2026, through July 23...

Emami Ltd. Announces Board Meeting to Approve Q1 Financial Results; Trading Window Remains Closed Until August 6 Emami Ltd. has scheduled a Board of Directors meeting to review and approve the company's financial performance for the first quarter of the fiscal year. The board meeting is set for Tuesday, August 4, 2026.The primary agenda item for the meeting is the consideration and approval of the Unaudited standalone and consolidated financial results of Emami Ltd. These results pertain to the quarter ended June 30, 2026.In addition to the board announcement, the company has maintained communication regarding its trading window status. The period during which dealing in the equity shares was closed commenced on Wednesday, July 1...

GIFT City poised to corner over 90% of India's offshore borrowing as economy scales up The International Financial Services Centres Authority (IFSCA) has underscored the transformative role of GIFT City, projecting that the Gujarat-based financial hub could eventually absorb over 90 percent of India’s offshore borrowings. Currently, the share held by GIFT IFSC stands at nearly two-thirds.K Rajaraman, chairperson of IFSCA, stated that the continued growth and scale-up expected across infrastructure, manufacturing, and technology sectors within India provide substantial headroom for the financial hub. GIFT entities benefit from a combination of competitive financing costs, lower operational expenses, and a robust regulatory ecosystem...

MMT Set to Surge: MakeMyTrip Plans Mega $1Bn+ IPO Filing via Confidential Route Nasdaq listed travel tech giant, MakeMyTrip, is reportedly finalizing preparations to file for a substantial initial public offering (IPO) of its India subsidiary. Industry sources confirm that the company is poised to submit draft papers to market regulator SEBI for the listing soon, potentially within a week. This move aims to position MMT among the major internet listings in recent Indian history.The proposed issue structure is expected to include an offer for sale (OFS), though details on the final structure are still being determined. Key investment banks, including Kotak Mahindra Capital, Axis Capital, JP Morgan, and Morgan Stanley, are acting as...