Markets

Just Dial Stock Surges 17% as Sequential Earnings Soar; New Leadership Announced Ahead of Strategic Shift Just Dial shares skyrocketed over 17 percent on Monday after releasing impressive first-quarter earnings, driven by strong sequential growth. The stock climbed to Rs 662 per share on the NSE, marking a significant day for the company and completing its biggest single-day gain in two years.The rally was fueled not only by the profit announcement but also by crucial changes in senior management, including the appointment of a new CEO-designate and Chief Financial Officer (CFO). The results signaled robust operational health despite leadership transitions planned over the coming months.Strong Profit Margins Drive Market Rally Just...

RBI Drives Liquidity Absorption: Banks Absorb ₹1.14 Lakh Crore as Policy Tools Are Deployed Central Bank’s Operations and Liquidity Management The Reserve Bank of India (RBI) has maintained tight control over market liquidity, conducting key money market operations designed to manage systemic flows. The bank successfully absorbed a net amount of ₹1,14,776.18 Crore through its various operational mechanisms, covering both today's actions and outstanding commitments.Today’s operations alone resulted in an absorption of ₹1,71,544.00 Crore. This significant injection management highlights the RBI’s proactive stance in stabilizing short-term market conditions.Key Facility Rates and Market Stance The central bank utilized its policy...

BlueStone Bets on High Streets to Double Store Network Amid India's Mall Space Shortage BlueStone Jewellery, backed by Prosus, is aggressively pivoting its expansion strategy. The company aims to more than double its store network and nearly double its retail workforce by fiscal 2030. This ambitious growth plan pivots away from premium mall real estate, concentrating instead on leveraging the massive potential of India's high streets.The move comes as data highlights a significant shortage of Grade A commercial property across the country. Anarock reports that India possesses only about 110 million square feet of Grade A mall stock. This figure stands in stark contrast to China with over 400 million square feet and the United States...

SEBI Overhauls Ethics: Two-Year Cooling Period Mandated as Regulator's Conflict Rules Are Comprehensively Rewritten Market regulator Securities and Exchange Board of India (SEBI) has introduced sweeping reforms designed to substantially strengthen its internal ethics framework. These changes significantly curb potential conflicts of interest by instituting a two-year cooling-off period for former employees. The amendments also mandate staff disclosure of all future job negotiations, enhancing the guardrails protecting SEBI’s independence and integrity.Notified through the SEBI (Employees' Service) (Amendment) Regulations on July 11, these reforms represent one of the most comprehensive updates to the regulator's employee conduct rules...

Prabhhans Industries Ltd. Schedules Board Meeting for Q1 2026 Un-Audited Results Review Prabhhans Industries Limited has scheduled a meeting of its Board of Directors to review and approve the Standalone Un-Audited Financial Results for the quarter ended June 30, 2026. The meeting is set to be held on Thursday, July 16, 2026, at the Company's corporate office located in Ludhiana, Punjab.The agenda for the Board includes considering and approving the Un-Audited Financial Results for the quarter ended June 30, 2026. Additionally, the directors are tasked with discussing any other matters as may be decided by the Board of Directors.In operational updates regarding internal trading policies, Prabhhans Industries confirmed that the...

B. P. Capital Ltd Designates New Premises as Corporate Office in New Delhi B. P. Capital Limited announced that its Board of Directors has designated a portion of premises in New Delhi as the company's Corporate Office. The decision was made during a meeting held on Monday, July 13, 2026.The board approved the designation to facilitate and support the company's corporate, administrative, and operational functions. This move allows B. P. Capital Ltd to centralize its key business activities at the new location.The designated Corporate Office is located at Office No. 712, 7th Floor, Indraprakash Building, 21, Barakhamba Road, New Delhi -110001.Details regarding the board meeting included that it commenced at 11:00 A.M. and concluded...

Clean Max Enviro Energy Solutions Ltd Allots 8,740 Equity Shares Following Stock Option Exercise and Bonus Issuance Clean Max Enviro Energy Solutions Ltd has completed the allotment of a total of 8,740 equity shares following the exercise of vested stock options and a bonus issuance. The board's Stakeholders Relationship Committee approved the action on July 13, 2026.The allotment comprises two components: 4,370 equity shares resulting from the exercise of vested stock options, and 4,370 bonus shares issued in the ratio of 1:1. This transaction is part of the Clean Max Enviro Energy Solutions Limited Employee Stock Option Scheme 2015 (CMES ESOS).The newly allotted equity shares are pari-passu with the existing equity shares of the...

Puravankara Reports 28% YoY Growth in Pre Sales; Adds ₹5,200 Crore GDV Pipeline Puravankara Limited, an established name in India's real estate sector, reported a strong start to the fiscal year, recording a 28% year-on-year (YoY) growth in pre-sales for the first quarter of FY27. The company also saw a significant surge in collections and expanded its development pipeline with four new land transactions.For Q1 FY27, Puravankara recorded pre-sales totaling ₹1,439 crore. Collections increased by 40% year-on-year (YoY) to reach ₹1,199 crore, indicating sustained customer confidence and effective delivery execution. Sales area for the quarter amounted to 1.36 million square feet (msft), a 9% increase compared to the same period last...

Intellect's eMACH.ai Custody Wins Three Deals at NBFC Institutions, Reinforcing Market Leadership Chennai (India), July 13, 2026: Intellect Design Arena Ltd., a global provider of AI-First, enterprise-grade financial technology, has secured three strategic customer engagements for its eMACH.ai Custody solution. These deals come from Non-Banking Financial Services (NBFC) institutions and highlight Intellect’s growing role in providing the necessary infrastructure to facilitate modern custody and asset servicing operations within the financial services sector.The increased demand for sophisticated custody and asset servicing capabilities is driven by the evolving financial landscape, with NBFCs actively seeking expansion beyond their...

Ganesh Housing Ltd. to Hold Board Meeting to Approve Unaudited Financial Results for Q1 FY27 Ganesh Housing Ltd. announced that its Board of Directors will convene on Friday, July 24, 2026. The primary agenda item for the meeting is the approval and recording of the company's Standalone and Consolidated Unaudited Financial Results.The financial results pertain to the quarter ended June 30, 2026. These unaudited figures are prepared in accordance with Indian Accounting Standards (IND AS).GANESHHOU Stock Price Movement As of 11:56 AM, shares of GANESH HOUSING LIMITED are slipping by 0.10% in live trading, currently at ₹868.95. The stock trades amidst moderate activity, with a total volume of 47,846 shares exchanged so far today.

Foreign Investor Surge: Global Funds Pump Nearly $1.6 Billion into Indian Stocks Amid Earnings Optimism Strong Inflows Fuel Optimism as International Investors Pile Into Indian Equities Foreign investors demonstrated strong confidence in the Indian market last week, injecting nearly $1.6 billion of capital into domestic equities. This significant inflow marks a substantial boost for the stock market, signaling renewed international interest. Global funds were recorded as net buyers of $1.3 billion of Indian stocks over the four days leading up to July 9.Provisional data from Friday indicated that foreign investors continued this trend, buying an additional $272 million in local shares. This momentum is particularly noteworthy given...

Massive Absorption in Money Market: RBI's Operations Drive Net Liquidity Pullback, Reflecting Tightened Management Stance The Reserve Bank of India (RBI) has released its comprehensive money market operations data for July 13, 2026. The report highlights significant net liquidity absorption across the system when accounting for both today’s and outstanding facility usage. This movement indicates a sustained pull of liquidity back into the banking sector from various financial instruments and mechanisms managed by the central bank.Net Liquidity Flow in Money Market Operations The overall net liquidity injected during the reporting period has recorded a notable absorption, totaling -₹1,14,843.18 crore. This figure represents the sum of...

GM Breweries Limited reviews unaudited financial results for quarter ended June 30, 2026 GM Breweries Limited has completed a review of its unaudited consolidated and standalone financial results for the quarter ending June 30, 2026. The Board of Directors reviewed these results at a meeting held on July 09, 2026.The company's current operations are confined exclusively to the Country Liquor segment.Financial Performance Overview Management has reviewed both the consolidated and standalone unaudited financial statements. These statements detail key operational components for the period.Unaudited Financial Results (Consolidated)ParameterDetailsSales / Income from operations (including Excise Duty, VAT & TCS)ExpensesCost...

Rolcon Engineering Company Announces Board Meeting to Approve Financial Results and Details Trading Window Closure Rolcon Engineering Company Ltd has scheduled a meeting of its Board of Directors to review and approve the financial results for the quarter ended on June 30, 2026. The company also confirmed specific details regarding the trading window closure ahead of the declaration of these results.The Board Meeting is set to take place on Friday, July 24, 2026. The primary agenda item for the meeting includes considering and approving the Unaudited Standalone and Consolidated Financial Results of the Company pertaining to the quarter that concluded on June 30, 2026. Attendees will also address any other business with the permission...

Oriental Rail Infrastructure Ltd Announces Investor Meet with Geecee Holdings Oriental Rail Infrastructure Ltd has scheduled an investor meet on Thursday, July 16, 2026. The event is set to take place in person and will feature a meeting with representatives from Geecee Holdings.The company provided details regarding the investors meet, specifying the date and time for stakeholders.Key details of the upcoming investor gathering are as follows:DateCompanyTypeTimeThursday, July 16, 2026Geecee HoldingsIn-Person11:00 AM - 12:00 PMThe meeting serves as an opportunity for the company and its investors. It is noted that no price sensitive information or forward looking statements will be disclosed or discussed during this...

VST Industries Appoints Venkateshwaran Sundaram as Chief HR Officer (CHRO) VST Industries Ltd has appointed Mr. Venkateshwaran Sundaram as the Chief Human Resources Officer (CHRO), effective July 13, 2026. The appointment marks a key management addition to the company's senior leadership team.Mr. Venkateshwaran Sundaram joins VST Industries in the role of CHRO following his appointment as Senior Management Personnel. His comprehensive professional background includes approximately 30 years of experience across various sectors such as manufacturing, pharmaceuticals, e-commerce, and consumer goods.Prior to joining VST Industries Limited, Mr. Sundaram served as Vice President - HR at V-Guard Industries Limited, where he was...

Lords Ishwar Hotels Announces Board Meeting to Review Quarterly Results and Annual Reports Lords Ishwar Hotels Ltd has scheduled its next Board meeting to address critical corporate matters, including the review of quarterly financial results and the approval of the annual report for the fiscal year ending March 31, 2026.The company announced that Board Meeting No. 2026-27/2 will be held on Wednesday, July 22, 2026, at 11:30 a.m. The meeting is set to take place at Unit No. 202, Morya Blue Moon, Off New Link Road, Andheri (W), Mumbai 400053, Maharashtra.The agenda items slated for discussion and approval during the meeting include considering the Un-audited Financial Results for the quarter ending June 30, 2026. Additionally...

D.P. Abhushan Limited Schedules Board Meeting for June 30 Quarterly ResultsD.P. Abhushan Ltd has scheduled a Board meeting to consider and approve the Unaudited Financial Results for the quarter ending June 30, 2026. The meeting is set to take place on Monday, July 20, 2026, at the company's corporate office located in Ratlam, Madhya Pradesh.The primary agenda item for the board includes reviewing and approving the Unaudited Financial Results of the Company for the quarter that ended June 30, 2026. Additionally, the Board is scheduled to conduct any other business as deemed necessary.Regarding insider trading activity, the company confirmed that the trading window for its securities has been closed since July 1, 2026. The trading...

Momentum Stocks Surge on Technical Breakouts as Key Names Breach 52-Week Highs In a market marked by mixed signals and lacking fresh macro triggers, momentum stocks quietly defined July 10. Several key equities exhibited strong technical strength and sustained buying interest, while others faced downward pressure, highlighting the dichotomy between short-term caution and long-term bullish trends across the sector.Stocks Reaching New Heights Amid Sustained Buying InterestA notable trend observed was several companies scaling fresh 52-week highs, underscoring robust underlying demand for these specific stocks. Names that achieved this significant milestone included Capri Global, JK Bank, Aether Industries, Anand Rathi, Oracle Fin...

TCS and ABB Ink Multi-Million, Multi-Year Deal to Transform Global Network Operations with AI Tata Consultancy Services (TCS) has announced an expanded collaboration with ABB, a global technology leader in electrification and automation, to transform ABB's global network operations. This engagement marks the next phase of a trusted 20-year partnership between the two companies. The multi-million, multi-year deal involves TCS scaling its role beyond infrastructure and applications management to delivering end-to-end global network operations through an integrated network-as-a-service model.TCS will assist ABB in enhancing operational efficiency, strengthening security and compliance, improving user experience, and preparing for...