Markets

Magellanic Cloud Secures ₹6.93 Crore Order from South Central Railway, Boosting Rail Surveillance Portfolio Magellanic Cloud Ltd, through its wholly owned subsidiary Provigil Surveillance Limited, has significantly reinforced its presence in India's critical railway surveillance and security infrastructure segment after securing a substantial new order from the South Central Railway, Vijayawada Division.The latest contract, valued at ₹6.93 crore, arrives shortly after the company secured an earlier railway surveillance project worth ₹6.25 crore from the same division. This new assignment brings the cumulative value of railway surveillance orders won from South Central Railway, Vijayawada Division to ₹13.18 crore within a single week...

Crude Oil Futures Surge Nearly 6% as US-Iran Conflict Reignites Supply Fears in Strategic Waterway Crude oil futures witnessed a sharp rally on Monday, driven by renewed military confrontations between the United States and Iran. Concerns over potential supply disruptions through the Strait of Hormuz, a vital global transit route, fueled the significant price increase across commodity exchanges.On the Multi Commodity Exchange (MCX), crude futures for July delivery climbed Rs 384, marking a nearly 6 per cent jump to reach Rs 7,198 per barrel. The August contract also advanced, gaining Rs 359 or 5.25 per cent, settling at Rs 7,197 per barrel in a turnover of 4,139 lots.Escalation Over Strait of Hormuz Sparks Market Frenzy The sudden...

Nifty IT Surges 4% as TCS Closes Mega-Deal with ABB and AI Partnerships Fuel Tech Stock Breakout The Information Technology sector dominated market action on Monday, with the Nifty IT index surging by nearly 4 percent. The rally saw the IT pack decisively outperform both the Sensex (which was flat) and the Nifty 50 (which traded marginally lower). This broad-based strength across the sector was propelled by major contract wins and strategic announcements centered around advanced Artificial Intelligence capabilities.TCS Secures Mammoth AI Deal with ABB Boosting Share Price Tata Consultancy Services (TCS) led the sectoral rally, shooting up over 5 percent after announcing a high-profile agreement with ABB. This multi-million dollar...

Power Finance Corporation Incorporates SPV for Network Expansion Scheme in Western Region Power Finance Corporation Ltd (PFC) has created a new subsidiary to drive its network expansion initiatives in the transmission sector. The company has incorporated Satara Power Transmission Limited, a Special Purpose Vehicle (SPV), to manage preparatory activities associated with major Independent Transmission Projects (ITPs).Satara Power Transmission Limited has been established as a wholly-owned subsidiary of PFC Consulting Limited (PFCCL). PFCCL itself is a wholly owned subsidiary of Power Finance Corporation Limited. The SPV's purpose is focused on the Network Expansion Scheme in the Western Region, specifically addressing pumped storage...

Kamdhenu Ltd Reports Robust Sales Growth, Commissions 5 MW Solar Plant for Green Steel Initiative Kamdhenu Limited has reported a strong operational performance for the quarter ending June 30, 2026. The company continues to operate through an asset-light business model focused on branding and marketing steel products, while also achieving a significant milestone in its commitment to sustainable growth by commissioning a solar power plant.The operational highlights for Kamdhenu Ltd show consistent growth across various segments of the brand. Total sales under the Kamdhenu Brand (Company + Franchisees) reached 10,60,557 MT in Q1 FY27, marking an 8.9% increase compared to the previous year's total of 9,74,099 MT.The overall sales...

Gujarat Alkalies and Chemicals Ltd to Hold Board Meeting for Q1 Provisional Results; Trading Window Reopens July 27Gujarat Alkalies and Chemicals Limited has announced a board meeting scheduled for Thursday, July 23, 2026. The meeting is set to consider the Standalone and Consolidated Un-audited (Provisional) Financial Results for the First Quarter, which ended on June 30, 2026.In addition to the financial review, the company provided details regarding the operational status of its trading window for designated persons.The trading window for sale or purchase of the company's Equity Shares remained closed starting Wednesday, July 1, 2026. The period of closure extends through Saturday, July 25, 2026, and is scheduled to reopen on...

Mrs Shagun Rathi Resigns from Roles of Company Secretary and Compliance Officer at Shangar Decor LtdShangar Decor Ltd has announced the resignation of Mrs Shagun Rathi from her roles as Company Secretary and Compliance Officer. The resignation takes effect immediately after the close of business hours on July 13, 2026.Mrs Rathi submitted her resignation following personal reasons. During her tenure with the company, she held both the position of Company Secretary and Compliance Officer.The details regarding the change in office bearers are summarized below:RoleIndividualReason for ChangeDate of CessationCompany Secretary and Compliance OfficerMrs Shagun RathiPersonal reasonsJuly 13, 2026Stock Price Movement As of 13:59...

OM Infra Ltd receives rating upgrade from Infomerics for bank facilities Infomerics Valuation and Rating Pvt. Ltd. (Infomerics) has assigned and revised credit ratings for the total bank loan facilities of Om Infra Limited, reflecting improvements over its previous ratings by CARE Ratings Limited. The new ratings cover a total facility size of Rs. 718.96 Crore.The rating assignment provides insights into the company’s financial standing, operation scale, and future stability, set against a backdrop of strong order book visibility and improved capital structure.Facility Rating Details Infomerics assigned an upgraded outlook to Om Infra Limited's bank facilities. The ratings for both long-term and short-term bank facilities are...

Yatra Online Partners with Kanoo Travel for Strategic Expansion into Middle Eastern Enterprise Market Yatra Online Limited has announced a strategic partnership with Kanoo Global Travel Holding Limited and Yusuf Bin Ahmed Kanoo (Holdings) Co. B.S.C. (Closed). This collaboration marks Yatra's first significant international expansion as the two entities aim to transform enterprise travel across the Middle East region.The Memorandum of Understanding (MoU), established between Yatra Online Limited, its wholly owned subsidiary Yatra Middle East LLC, and Kanoo Travel, outlines a comprehensive service arrangement and technology platform provision by Yatra Online. The agreement is set for a term of 7 Years.Under the terms of the...

Sona BLW Precision Forgings Ltd Announces Board Meeting to Approve June Quarterly Financial Results Sona BLW Precision Forgings Limited has announced that a meeting of its Board of Directors is scheduled to consider and approve the unaudited standalone and consolidated financial results for the quarter ended on June 30, 2026.The Board meeting is set for Thursday, July 23, 2026. The purpose of the meeting includes reviewing and approving the company’s performance metrics as reflected in the financial results.In addition to the board deliberation, the company has instituted a trading window restriction regarding these quarterly outcomes.Effective from this announcement, the trading window for all Directors, Officers, and Designated...

Newgen Software Technologies Schedules Q1 FY27 Results Conference Call Newgen Software Technologies Ltd has announced a conference call regarding its Q1 FY27 results. The meeting is scheduled for Thursday, July 16, 2026, at 4:00 P.M. (IST).The company's management team will represent the organization during the Group Meet and conference call, which is intended to provide insights into the first quarter of fiscal year 2027.Details regarding the Q1 FY27 Results Conference Call are as follows:DetailInformationDateThursday, July 16, 2026Time4:00 P.M. (IST) / 16:00 hrsNature of MeetingGroup Meet / Conference CallThe conference call will be represented by members of the company's leadership team, including T.S...

Sona BLW Precision Forgings Ltd: Board Meeting Scheduled to Approve Q1 Financial Results Sona BLW Precision Forgings Ltd has scheduled a Board meeting to review and approve the unaudited standalone and consolidated financial results for the quarter ended on June 30, 2026.The meeting is set to take place on Thursday, July 23, 2026. The company's board is mandated to consider and ratify the financial performance of the organization against the standards of both standalone and consolidated statements.In relation to this upcoming announcement, the trading window for Directors, Officers, and Designated Persons within Sona BLW Precision Forgings Ltd will remain closed. This restriction period is set until 48 hours after the results are...

LMW Ltd Announces Board Meeting for Q1 Results Approval; Trading Window Period Specified LMW Ltd has scheduled a meeting of its Board of Directors to review and approve the Unaudited Financial Results for the quarter that concluded on June 30, 2026. The board meeting is set for Friday, July 24, 2026.During the meeting, the company's directors are expected to consider and give approval to these financial results. This event follows prior notification regarding the completion of the first quarter.In addition to the Board meeting announcement, LMW Ltd confirmed that a trading window for its securities will be closed from July 1, 2026, through July 26, 2026 (inclusive).LMW Stock Price Movement Shares of LMW Limited are trending upward...

Supreme Power Equipment Limited Secures New Order for ₹ 13.60 Crore Supreme Power Equipment Limited has secured a new domestic order worth ₹ 13.60 crore for the supply of power transformers. The contract was received by the company on July 13, 2026, from a company based in Hyderabad.The order pertains to the supply of one 112.5MVA, 330 kV transformer. This domestic agreement is expected to be executed within approximately eleven months.Key details regarding the contract include:ParticularsDetailsOrder Value₹ 13.60 Crores (New Order)Product112.5MVA, 330 kV transformerClient TypeDomestic Entity in HyderabadExecution PeriodWithin 11 months (approx.)Related Party StatusNeither the company nor its promoters have an...

Reganto Enterprises Approves Reports, Appoints Statutory Auditors at Board Meeting Reganto Enterprises Limited, previously known as Vintron Informatics Limited, announced that its Board of Directors considered and approved several key matters during a meeting held on June 16, 2026. The meeting included the approval of essential reports for the financial year ended March 31, 2026, along with the appointment of statutory auditors.The board reviewed and approved the Director's Report, the Management Discussions & Analysis Report, and the Corporate Governance Report, all accompanied by their respective annexures. The meeting also addressed matters related to the company's forthcoming 35th Annual General Meeting.Appointment of Statutory...

Devson Catalyst SME IPO Surges past 78X Subscription as Market Sentiment Fuels Potential 38% Listing Gain The bidding for Devson Catalyst Limited's Initial Public Offering (IPO) reached a fever pitch on its final day of trading. As of mid-day on July 13, the SME issue recorded an overwhelming subscription of over 78 times, demonstrating exceptional investor confidence in the burgeoning catalyst manufacturing sector.Subscription Metrics Shatter Expectations Data from the BSE confirmed that the Rs 42.34 crore public offer saw massive interest across all investor segments. The IPO, which opened on July 9, was fully subscribed within the first two hours of trading on Day 1 before accelerated momentum carried it to its current figure...

Kalpataru Limited Reports Strong Q1 Operational Updates, Details New Luxury ProjectsKalpataru Limited has released its Key Operational Updates for the first quarter of Fiscal Year 2026-27, reporting growth in both pre-sales and collections. The company also announced several major new launches across different projects during the period.The financial performance metrics for Q1 FY 2026-27 show an increase in sales compared to the previous year. Collections reached INR 1,365 Cr, marking a 17% rise from INR 1,165 Cr reported in Q1 FY 2025-26. Pre-sales stood at INR 1,329 Cr, representing a 6% increase compared to the INR 1,249 Cr pre-sales recorded in Q1 FY 2025-26.The performance summary for Kalpataru Limited during the specified...

AVI Polymers Ltd clarifies operational status and promoter shareholding following news report AVI Polymers Limited has issued a clarification regarding a misleading news article published by Bhaskar English, addressing concerns related to its company operations and the reduction in promoters' shareholding.The Company stated that the statements and conclusions presented in the news article were incorrect and based on unverified information. The reports suggesting issues with the Company’s operations or existence have been categorically denied.Clarification on Office Premises and Operations AVI Polymers Ltd confirmed its Registered Office is located at Shop No. 02, 5th Floor, Roshpa Tower, Main Road, Ranchi G.P.O., Ranchi, Jharkhand...

Adcounty Media India Limited Updates CIN Following Ministry of Corporate Affairs Change Adcounty Media India Limited has reported a change in its Corporate Identification Number (CIN). The update was carried out by the Ministry of Corporate Affairs, reflecting changes following the listing of the company's equity shares on the BSE SME Platform.The Company’s CIN transitioned from U93000RJ2017PLC057939 to L93000RJ2017PLC057939.As per data maintained by the Ministry of Corporate Affairs (MCA), Adcounty Media India Limited is categorized as a Public Company limited by shares. The company has been Active and its registration number is 057939.Key operational and financial details for Adcounty Media India Limited are summarized below...

JBM Electric Vehicles and Drivn Partner to Supply 500 Luxury E-Buses in India JBM Electric Vehicles (P) Ltd., a leading global electric bus manufacturer, has signed an agreement with Drivn, an electric commercial vehicle leasing platform. This collaboration focuses on supplying 500 ultra-modern electric luxury buses to support the growing trend of sustainable public mobility across India.The partnership aims to make the transition to electric vehicles more accessible by providing integrated, long-term financing and leasing solutions for fleet operators. JBM EV will deliver the 500 e-buses in phases over the next year. The initial deployment phase is targeted at luxury intercity coaches operating throughout India.This integrated...