Markets

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...

Maris Spinners Ltd. Schedules Board Meeting to Discuss Q1 Financial Results Maris Spinners Ltd. has scheduled a forthcoming Board Meeting to review significant operational matters, including the unaudited financial results for the quarter ended in June.The Board Meeting is set to be held on Friday, August 7, 2026, beginning at 10:15 AM.The agenda items for the meeting include considering and approving the unaudited financial results for the recently concluded quarter. Additionally, members will consider and approve any other subjects with the permission of the Chairman.Stock Price Movement As of 11:19, Maris Spinners Ltd. is ticking up at ₹28.44, climbing 3.80%. The shares moved within an intraday range between the low of ₹26.85...

MTNL Reports Financial Debts and Defaults for Quarter Ended June 30, 2026 Mahanagar Telephone Nigam Limited (MTNL) has reported its financial indebtedness and default status as of the quarter ended June 30, 2026. The company's total financial indebtedness stands at Rs 37,223 Crore.The financial position includes details regarding loans from banks and financial institutions, as well as unlisted debt securities (NCRPS). MTNL reported that the total amount outstanding for loans and revolving facilities, such as Cash Credit from Banks/Institutions, was Rs 9,495 Crore. Of this amount, Rs 3,897 Crore represented a default, comprising Rs 2,196 Crore in Principal Repayment and Rs 1,701 Crore related to Interest payment.The details...

Torrent Power Limited Announces 22nd Annual General Meeting for FY 2025-26 Torrent Power Limited has scheduled its 22nd Annual General Meeting (AGM) for members. The AGM is set to be held on Monday, August 03, 2026, at 09:30 am IST. Shareholders are invited to attend the meeting through Video Conferencing (VC) facility or Other Audio Visual Means (OAVM).The company has issued the Notice of the 22nd AGM along with the Integrated Annual Report for the Financial Year 2025-26. This notice was sent electronically to members whose email IDs are registered with the Registrar and Share Transfer Agent (RTA) or Depository Participants (DPs).For those members whose email ID is not registered against their demat account or folio number, Torrent...

BikeWo Green Tech Signs Strategic MoU with Kwik Flite Support to Build Multimodal Aviation Logistics Platform BikeWo Green Tech Limited has entered into a strategic Memorandum of Understanding (MoU) with Kwik Flite Support Private Limited, operating under the brand KlikAir. The collaboration aims to jointly evaluate and develop an integrated air cargo, aviation logistics, and multimodal freight platform designed to complement BikeWo's growing mobility ecosystem.The partnership marks a significant step toward realizing BikeWo’s long-term vision of creating a comprehensive mobility and logistics ecosystem that seamlessly integrates road transport, air transport, and future technology enabled transportation networks.Under the scope of...

Laser Power Infra IPO Surges to 2.5X as Market Gears Up for Listing Amid Profit Surge The initial public offering (IPO) of Laser Power & Infra is showing robust demand on its final day of subscription, having been subscribed approximately 2.5 times by the morning of July 13. The Kolkata-based power transmission equipment manufacturer has generated significant interest from investors ahead of its listing on the BSE and NSE, scheduled for July 16.The IPO, with a total size of Rs 742 crore, received bids for 6,62,79,500 shares against 2,55,86,207 shares offered. Demand was particularly concentrated in the institutional and retail segments. Non-institutional investors (NIIs) showed strong enthusiasm, with their quota subscribed at 7.22...

Pushpsons Industries Ltd. to Hold Board Meeting to Review Q1 Un-Audited Financial ResultsBoard of Directors meeting for Pushpsons Industries Ltd. has been scheduled, with the primary focus being the consideration and approval of the un-Audited Financial Results for the quarter ended June 30, 2026.The company's Board of Directors is set to convene on Thursday, August 13, 2026, at its registered office in New Delhi.The meeting agenda includes addressing the un-Audited Financial Results (Standalone) for the quarter that concluded on June 30, 2026. In addition to reviewing these financial outcomes, the board members are required to consider any other business with permission of the Chair.Stock Price Movement As of 10:06, Pushpsons...

Shanthi Gears Appoints Interim CFO Following Change in Financial Leadership Shanthi Gears Limited announced the appointment of Mr. Sukanta Kumar Panigrahi as the Interim Chief Financial Officer (CFO) following a change in the company's financial leadership. The decision was made by the Board of Directors during a meeting held on July 13, 2026.The appointment comes after the CFO, Mr. Sudhir R, communicated his inability to join the Company due to personal reasons. As part of the board decisions, Mr. Sukanta Kumar Panigrahi was appointed with immediate effect to hold office until a regular CFO is identified and takes charge.Profile of Interim Chief Financial Officer The appointment includes appointing a qualified Chartered Accountant...

BCL Industries boosts distillery capacity to 550 KLPD following ethanol expansion commissioning in Bathinda BCL Industries Limited has completed a major brownfield expansion at its facility in Bathinda (Punjab), significantly increasing the capacity of its grain-based distilleries. The company announced the completion of another 150 KLPD dedicated Ethanol plant, which brings the total distillery capacity at the Bathinda unit to 550 KLPD.The commissioning of this expanded ethanol unit underscores BCL Industries' commitment to scaling up its operations in Punjab.Commenting on the expansion, Managing Director Mr. Rajinder Mittal stated that the company is extremely delighted with the milestone. He noted that this brownfield expansion...

Pace Digitek Subsidiary Signs Strategic MoU with Bondada Renewable to Strengthen BESS Supply Ecosystem Bengaluru, July 13, 2026 — Pace Digitek Limited's subsidiary, Lineage Power Private Limited (LPPL), has signed a strategic Memorandum of Understanding (MoU) with Bondada Renewable Energy Private Limited. The agreement was formalized during the 12th India Energy Storage Week (IESW) 2026, held at IICC, Yashobhoomi, New Delhi.This collaboration solidifies Pace Digitek's commitment to product-led growth within India's rapidly expanding Battery Energy Storage System (BESS) ecosystem. The MoU establishes LPPL as a preferred BESS supply partner for future projects.Under the terms of the agreement, LPPL will support clients by supplying...

Aarvi Encon Limited announces details for 38th Annual General Meeting and dividend record date Aarvi Encon Limited has announced key dates regarding its upcoming corporate meeting and provided details concerning shareholder eligibility for a potential dividend payout related to the financial year ended March 31, 2026.The company stated that the 38th Annual General Meeting (AGM) of the members will be held on Friday, August 14, 2026. The meeting is scheduled for 11:00 A.M IST and will be conducted through Video Conferencing or Other Audio Visual Means.Regarding dividend distribution for the financial year ended March 31, 2026, the record date to determine members eligible to receive a dividend, if declared at the AGM, has been set as...

Secret Crossings Surge in Hormuz as Geopolitical Tensions Force Ships into 'Dark Passage' A secretive flow of maritime traffic has been observed passing through the Strait of Hormuz amid continued friction between the United States and Iran. While observable ship passages have significantly dwindled, indicators show that numerous vessels are transiting the vital waterway with their tracking equipment intentionally turned off.Preliminary data analyzed by Bloomberg News indicates a marked shift in how ships are navigating this volatile corridor. Six commodity carriers were found to be crossing Hormuz on Sunday while having deliberately switched their transponders off. These unofficial and unobserved passages have outnumbered verifiable...