Markets

RB International Holdings Launches Mandatory Open Offer for RR Metalmakers India Limited RB International Holdings Limited, along with Suyog Yogesh Desai and Nikita Suyog Desai, have launched a mandatory Open Offer for the public shareholders of RR Metalmakers India Limited. The acquisition is part of a larger transaction triggered by a Share Purchase Agreement executed on July 30, 2026, involving members of the target company’s promoter group.The Acquirers are offering to acquire up to 23,42,295 fully paid-up equity shares of RR Metalmakers India Limited (the Target Company). The offer represents 26% of the existing Equity Share Capital. Shareholders can tender their shares at a fixed cash price of ₹23.85 per Equity Share, based on a...

Sensex and Nifty React Cautiously As US Inflation Falls; Tech Leads Global Rally Amid Geopolitical Heat Indian benchmark indices faced a volatile session on Thursday, as global equities responded to easing inflation fears while geopolitical tensions kept commodity markets nervous. The Sensex managed a marginal recovery after hitting intraday lows, but the GIFT Nifty signals suggest a muted start for Indian equities on Friday.The Sensex closed at 78,079.96, rising by 113.61 points or 0.15 percent. Conversely, the Nifty finished down 40.10 points, settling at 24,395.85. This muted close was set against a backdrop of stronger-than-expected data from international markets.Global Stocks Surge on US Inflation Relief U.S. equities rallied...

LEAP India Listing Preview: Grey Market Premium Surges as Sustainable Infra IPO Aims for Debut LEAP India Ltd. is poised to make its stock market debut on August 14th with a Rs 2,480-crore public offering. The company's shares are currently commanding a grey market premium (GMP) of approximately 8%, indicating strong investor expectations for a positive listing day. This highly anticipated IPO was open for subscription between August 7 and August 11.IPO Subscription Details and StructureThe IPO generated significant interest, being subscribed overall by 8.38 times. The Qualified Institutional Buyers (QIB) category saw the highest demand, reaching a robust 16.84 subscriptions. Non-institutional investor (NII) segment was booked 12.64...

SKF India Reports Q1 FY27 Results: Revenue Grows Amid Margin Compression and Strategic Focus SKF India (Industrial) Ltd has reported its financial results for the First Quarter of Fiscal Year 2026-2027. The company saw strong top-line growth, driven by key segments, while managing margin compression due to foreign exchange losses.The Q1 FY27 figures show a revenue of INR 9,708 million. Profit Before Tax (PBT) was reported at INR 869 million. The results reflect the company's operational performance against evolving market dynamics and strategic priorities set for sustained growth.A detailed review of the quarterly financials comparing Q1 FY27 to Q4 FY26 reveals moderate sequential revenue growth coupled with pressure on operating...

VIP Clothing Reports Q1 FY27 Results; Cites Raw Material Costs for Margin Moderation VIP Clothing Ltd., a leading Indian intimate apparel and fashion essentials company established in 1991, has reported its results for the first quarter of Fiscal Year 2027 (Q1 FY27). The company is expanding its presence across innerwear, leisurewear, and outerwear categories under brands including VIP, Frenchie, Frenchie X, Feelings, and Leader, focusing on a broader lifestyle apparel platform.The company reported consolidated financial results for the quarter ending June 30, 2026, highlighting revenue stability alongside moderated operating profitability due to raw material expenses. Profit After Tax (PAT) stood at ₹ 19.12 million in Q1 FY27...

Key Appointments Made at IL JIN Electronics Following Board Meeting Amber Enterprises India Limited has seen several senior changes within its material subsidiary, IL JIN Electronics (India) Private Limited. The company's board meeting held on August 13, 2026, approved the appointment of new Independent Directors and a Chief Financial Officer (CFO) for IL JIN. Furthermore, the company acknowledged the resignation of an existing Independent Director.Mr. Prakash Iyer and Ms. Sabina Moti Bhavnani were appointed as Additional Directors in the category of Independent Directors, effective from August 13, 2026. These appointments are subject to the approval of IL JIN members at its ensuing Annual General Meeting. Mr. Sudhir Goyal was...

Bizotic Stock Alert: Surge in Multiplier Opportunity as Last Day to Buy for 5:1 Bonus Issue Approaches Smallcap menswear garment maker Bizotic Commercial has issued a crucial alert regarding its upcoming bonus share allotment, making the current trading day the final opportunity for investors to secure eligibility. The company fixed Monday, August 17, as the record date for the distribution of the highly sought-after 5:1 bonus issue.Only shareholders who hold shares in their demat accounts as of that specific date will be eligible to receive these free bonus shares. Due to SEBI's T+1 settlement cycle, investors must purchase the stock at least one trading day before the record date for the transaction to be credited correctly into...

Japanese Stocks Surge: Nikkei Jumps on US Rate-Hike Bets Easing Amid AI Chip Demand Global Tech Rally Lifts Asian Equities Japanese equities experienced a significant climb, tracking the record advance seen in U.S. markets. The market gain was primarily driven by easing concerns surrounding further interest rate increases by the Federal Reserve (Fed).The rise in Japanese stocks is supported by the strength observed in technology shares globally. Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management, noted that this trend suggests a positive outlook for equities.Nikkei 225 Breaks Higher as Tech Stocks Lead Gains The chip-heavy Nikkei 225 Stock Average rose by 1.5%, reaching 69,352.56 as of 9:23 a.m. in...

SKF India Appoints Sujeeth Pai as New Managing Director SKF India (Industrial) Limited, a premier provider of technology and solutions in bearings, units, condition monitoring, and services, has announced the appointment of Sujeeth Pai as its new Managing Director. The designation is set to be effective from September 1, 2026, pending shareholder approval.The appointment of Mr. Pai was confirmed by both the Nomination Committee and the Board of Directors on August 11, 2026. In his role as Managing Director, Sujeeth Pai will oversee SKF India’s operations and spearhead the company's profitable growth agenda.Mr. Pai succeeds Mukund Vasudevan, who will transition to the position of President for the Industrial Region covering India...

Affordable Robotics and Automation Limited Releases Q1-FY27 Results Amid Strong Order Pipeline Pune, August 13, 2026: Affordable Robotic and Automation Limited (ARAPL) has released its standalone and consolidated unaudited results for the quarter ended June 30, 2026. ARAPL, described as India's first listed robotics company and a pioneer in industrial automation, reported Q1-FY27 performance while confirming significant growth in its order book.ARAPL, which has been active in fixed robots since 2005, serves approximately 75 marquee clients across various sectors, including Honda, SKH-Magna, Mahindra, Tata Motors, and Piaggio. The company also launched a subsidiary in 2021 to focus on the autonomous mobility sector, leveraging its...

KNR Constructions Announces Record Date for Final Dividend Payout KNR Constructions Limited has set the record date for shareholders seeking entitlement to a final dividend, following its Board Meeting held on Thursday, August 13, 2026.The company announced that Tuesday, September 15, 2026, will serve as the official record date. This decision relates to the determination of entitlements for the final dividend of Rs. 0.25 per share, which is based on a face value of Rs 2/- and pertains to the financial year 2025-26.The final dividend payment, which remains subject to Tax Deduction at Source, is contingent upon approval by shareholders at the ensuing Annual General Meeting. If approved, the dividend is slated for payment within 30...

Travel Food Services Sees Consolidated PAT Rise by 35.6% in Q1FY27 Amid Network Expansion Travel Food Services Limited (TFS), a leading operator of travel QSR outlets and lounges in India, announced its un-audited financial results for the first quarter of the financial year 2026-27 on August 13, 2026. The company reported a significant rise in consolidated Profit After Tax (PAT) while simultaneously expanding its operational network across various airports.Consolidated PAT reached Rs. 1,288 million in Q1FY27, marking a 35.6% growth compared to the previous year. At the same time, system-wide sales were reported at Rs. 8,437 million, reflecting an 18.0% year-on-year (YoY) growth, despite challenges in passenger traffic due to the...

Anlon Healthcare Completes Share Swaps for Acquisitions of Stakes in Apiqo Organics and Bizotic Lifescience Anlon Healthcare Limited convened its Board of Directors meeting on August 13, 2026, approving several key strategic outcomes, including the adoption of two significant share swap agreements. These transactions enable the company to acquire substantial stakes in two related entities: Apiqo Organics Private Limited (AOPL) and Bizotic Lifescience Private Limited (BLPL). The board meeting also reviewed audited financial statements for FY 2026 and handled matters pertaining to corporate governance, including director appointments and capital structure updates.The Board approved the acquisition of up to 44.94% shareholding in Apiqo...

AXISCADES reports Q1 FY27 record revenue of Rs 346.7 crore, driven by Defence and XiDA growth Bengaluru: AXISCADES Technologies Limited, a technology, engineering, and manufacturing company focused on Aerospace, Defence, Space, and XiDA/electronics and AI, announced its consolidated results for the quarter ended June 30, 2026. The company reported record revenue from operations of Rs 346.7 crore in Q1 FY27, marking a 42.2% increase year on year (YoY) and 27.0% sequentially.The results reflect the performance across both continuing and discontinued operations as mandated by accounting standards.Financial Performance Snapshot AXISCADES reported strong revenue growth while navigating a significant portfolio transition. Continuing...

Axis Max Life Reports Strong Growth in Individual Adjusted Premium, Drives Margins Up 315 Basis Points Max Financial Services Limited (MFSL) and its subsidiary, Axis Max Life Insurance Limited, reported robust growth across multiple metrics during the third quarter of Fiscal Year 2027 (3M FY'27). Axis Max Life recorded a significant surge in individual adjusted first-year premium, while MFSL saw increases in consolidated revenue and profit after tax.The parent company, Max Financial Services Limited, reported that its consolidated revenue excluding investment income reached ₹7,289 crores, marking an 18% growth year-on-year (YoY). Including investment income, the consolidated revenue stood at ₹14,977 crores, and the consolidated Profit...

Bella Casa Fashion and Retail Reports Q1 FY27 Results; Revenue Rises 33% Despite Margin Dip Bella Casa Fashion & Retail Ltd., a prominent player in India's fashion and lifestyle sector, announced its unaudited financial results for the quarter ending June 30, 2026. The company reported healthy volume-led growth for Q1 FY27, although profitability faced challenges due to rising input costs and external factors.The company saw a significant rise in revenue, which increased by 33% year over year (YoY) to ₹120 crs. This top-line growth was supported by volume growth of 22% and an average realization growth of 9.5%.Despite the strong increase in sales, profitability margins were impacted. EBITDA stood at ₹5.9 crs, representing a margin...

Sadbhav Engineering Limited Announces Qended June 30, 2026 Results and Board Approvals Sadbhav Engineering Limited released its Unaudiated Financial Results for the quarter ended on June 30, 2026. The company also announced key corporate actions, including the appointment of two new directors and plans to increase its authorized share capital.The results provide a snapshot of the company's performance across various metrics. For the standalone entity, total income stood at ₹2,949.44 lakhs for the quarter ended June 30, 2026. In contrast, the consolidated financial statements showed total income reaching ₹22,499.98 lakhs for the same period.Financial Performance Summary The company's standalone performance and operational finances...

Halder Venture Limited Posts Quarterly Results: Consolidated Income Stands at 19,067.45 Lakhs for Q2 FY2026 Halder Venture Limited has announced its unaudited consolidated financial results and standalone results for the quarter ended June 30, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors.The company's Consolidated Financial Results show significant revenue generation across its operations. For the quarter ending June 30, 2026, the Group reported a Total Income of 19,067.45 lakhs, with expenses amounting to 18,330.60 lakhs. This resulted in a Net Profit for the period of 346.02 lakhs.The management also released the standalone unaudited financial results for the quarter ended June 30...

Manorama Industries Reports Robust Q1 FY27 Performance, Surpassing INR 4,000 Million Revenue Milestone Manorama Industries Limited, a pioneer in manufacturing Cocoa Butter Equivalent (CBE), specialty fats, and exotic products, announced strong consolidated financial results for the first quarter of fiscal year 2027 (Q1 FY27) ended June 30, 2026. The company reported a significant surge in revenue and profitability, driven by an improved value-added product mix and enhanced operational performance.The company recorded revenues of INR 4,040.1 million for Q1 FY27, marking a 39.5% year-over-year (YoY) growth. Earnings before interest, depreciation, and amortization (EBITDA) rose by 42.2% YoY to INR 1,062.1 million. Furthermore, profit...

Krsnaa Diagnostics Announces Q1 Results and Plans Warrant Issuance Krsnaa Diagnostics Limited released its unaudited consolidated and standalone financial results for the quarter ending June 30, 2026, alongside detailing the issuance of warrants in a preferential private placement. The company also provided an update regarding ongoing tax assessments across several Assessment Years (AYs).The Board of Directors of Krsnaa Diagnostics held a meeting on August 13, 2026, where they approved these financial results and set forth details for the upcoming Annual General Meeting (AGM).Financial Performance Snapshot Krsnaa Diagnostics reported its quarterly results for the period ended June 30, 2026. The company’s operations are primarily...