Markets

Fuel Rates Hold Steady in Major Cities as Global Crude Drops Below $80 Mark Indian consumers continue to pay unchanged petrol and diesel prices across major metropolitan areas on July 10, despite a notable softening of international crude oil prices. This stability comes as global markets navigate continued geopolitical tensions, while Oil Marketing Companies (OMCs) maintain retail fuel rates.Global crude benchmarks have seen shifts in the past week. Brent crude hovered near $76 a barrel, while US benchmark WTI traded below $72 following volatile trading amid ongoing Middle East disputes.Despite these underlying shifts and lingering disruptions to shipping through the Strait of Hormuz, OMCs have not announced any reduction in...

Bank Nifty Surges Past 57,000 as Private Lenders Drive Recovery; Analysts Pinpoint Crucial 58,000 Barrier The Bank Nifty extended its momentum for the second consecutive day on Friday, gaining over one percent in afternoon trading. This rally was largely propelled by the performance of private sector lenders, with key constituents driving the index higher amid a broader market uptick.The banking index surged as much as 1.1 percent to reach 57,993 during the session, closing at 57,877.65 by 12:25 pm. This sustained move accounts for approximately 2 percent gains across the last two sessions.Key Drivers Behind Bank Nifty's Daily Rally The index’s ascent occurred as benchmark indices like Sensex and Nifty advanced nearly 0.9 percent...

Gujarat Fluorochemicals Receives No Objection Letters from BSE and NSE for Composite Scheme of Arrangement<p>Gujarat Fluorochemicals Limited (GFCL) has received crucial No Objection Letters from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) regarding its proposed Composite Scheme of Arrangement. The letters, dated July 9, 2026, confirm the exchanges' observations concerning the scheme involving Inox Leasing and Finance Limited (ILFL), Inox Holdings and Investments Limited (IHIL), and GFCL.</p><p>The Composite Scheme pertains to the restructuring between the demerged entity, ILFL (Transferor Company), the resulting company IHIL, and GFCL (Transferee Company). This scheme has been filed under...

Abha Power Secures Major Contract from North Central Railway Worth Over 3 Crore Abha Power and Steel Limited has secured a new order valued at ₹ 3,41,56,272.92 from the North Central Railway. This contract highlights the company's consistent efforts to enhance its market share within the railway sector.As of July 10, 2026, Abha Power and Steel Limited reported that its current order book stands at approximately ₹ 18.00 Crores. The successful acquisition of this new business affirms the company’s strong presence in supplying critical goods to the public transport infrastructure industry.The contract details pertain to the supply of castings as per a specified delivery schedule, subject to quality approval and standard terms of...

Shree Digvijay Cement Announces Board Meeting to Approve Q1 Results; Trading Window Remains Closed Shree Digvijay Cement Company Ltd. has announced that its Board of Directors will convene on July 24, 2026, with a key agenda item being the review and approval of the company's financial performance for the first quarter. Furthermore, the company confirmed the continued closure of its trading window through July 26, 2026.The Board meeting is scheduled to consider and approve the Unaudited Standalone and Consolidated financial results for the quarter that ended on June 30, 2026.In addition to the corporate governance update, Shree Digvijay Cement provided an update regarding trading procedures. The company confirmed that its designated...

MTNL Fails to Fund Semi-Annual Interest for Bond Series VIIIA Due to Insufficient Funds Mahanagar Telephone Nigam Limited (MTNL) has confirmed that it could not fund the sixth semi-annual interest payment relating to the 7.59% MTNL Bond Series VIIIA (INE153A08154). The interest payment was due on July 20, 2026, and MTNL was obligated to deposit the funds into an ESCROW Account maintained in Bank of India at least 10 days prior to the due date, as per the Structured Payment Mechanism defined by the Tri-Partite Agreement (TPA).The failure to fund the interest payment was attributed to insufficient funds within MTNL.The bonds issued by MTNL are Sovereign Guaranteed by the Government of India. The company noted that if any default...

Hawkins Cookers Ltd Board Meeting Scheduled to Approve Unaudited Financial Results for Q1 FY27 Hawkins Cookers Ltd has announced a forthcoming meeting of its Board of Directors, scheduled to review and approve the unaudited financial results for the quarter ending June 30, 2026.The Board meeting is set to take place on Wednesday, July 29, 2026. The primary purpose of the gathering will be to formally consider and record the performance reflected in the unaudited financial outcomes for the specified quarter.HAWKINCOOK Stock Price Movement Currently, Hawkins Cookers Limited stock sheds 0.33% in live market trading as of 12:45 PM, hovering near the ₹8934.5 mark after slipping by ₹29.50. This slight pullback stands in contrast to the...

FSN E-Commerce Ventures Allots 63,637 Equity Shares Through Employee Stock Option Scheme FSN E-Commerce Ventures Limited announced on July 10, 2026, that its Nomination and Remuneration Committee has allotted 63,637 equity shares. This allotment resulted in an increase in the company's issued and paid-up share capital.The equity shares were allotted subsequent to the exercise of vested stock options by employees under the Company's Employee Stock Option Scheme.The newly allotted equity shares are equal in standing with the existing shares of the Company, ranking pari-passu in all respects.INDIANB Stock Price Movement As of 12:44 PM, shares of Indian Bank are rallying on positive momentum, climbing by 1.69% to reach ₹806.55. The...

FSN E-Commerce Ventures Ltd Allots 63,637 Equity Shares to Employees Exercising Vested Stock Options On July 10, 2026, FSN E-Commerce Ventures Limited announced the allotment of equity shares following a meeting of its Nomination and Remuneration Committee. The committee allotted a total of 63,637 equity shares to employees of the company.The allotted Equity Shares were granted consequent to the exercise of vested stock options by the employees under the Company's Employee Stock Option Scheme. As a result of this action, the issued and paid-up share capital of FSN E-Commerce Ventures Limited has increased.The newly allotted equity shares rank pari passu with all existing Equity Shares of the company in all respects.NYKAA Stock...

Simplex Realty Ltd Announces 113th Annual General Meeting and Releasing FY 2025-26 Annual Report Simplex Realty Ltd has announced the details for its 113th Annual General Meeting (AGM), which is scheduled in conjunction with the release of the Annual Report for the Financial Year 2025-26.The AGM is set to be held on Wednesday, August 5, 2026, at 12:30 P.M. The meeting will utilize a Video Conferencing (VC) facility or Other Audio Visual Means (OAVM).The company has made the Annual Report for FY 2025-26 available online, providing shareholders with access to the complete details of the Integrated Report and accompanying Notice.Key details regarding the AGM and the release of the annual report are summarized below...

Corporate Updates: AGMs, Tender Invitations, and Dividend Decisions Across Various Companies Several companies announced key corporate developments including their Annual General Meetings (AGM), EGM notices, dividend decisions, and tender invitations as of mid-July 2026.Bhageria Industries Limited AGM Notice Bhageria Industries Limited announced the notice for its 37th Annual General Meeting (AGM). The meeting is scheduled to be held on Saturday, August 1, 2026, at 12:30 p.m. (IST) via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The company issued newspaper advertisements in two languages, Business Standard (all India Edition, English Language) and Tarun Bharat (Mumbai Edition, Marathi Language), regarding the AGM...

Pelatro Limited Board Approves Annual Report for FY 2025-2026 and Independent Director Appointment Pelatro Limited's Board of Directors held a meeting on Friday, July 10, 2026, resulting in several key corporate approvals. The board approved the Annual General Meeting (AGM) notice along with the Annual Report for the fiscal year 2025-2026.During the meeting, the company also authorized the appointment of Ms. Anuradha as an Independent Director. This appointment is subject to confirmation by the shareholders during the forthcoming AGM.The Board meeting commenced at 11:00 AM and concluded by 11:45 AM on July 10, 2026. The approved Annual Report for FY 2025-2026 is available on the company's website.PELATRO Stock Price Movement As of...

Tirupati Foam Ltd to Board Meeting to Recommend Dividend Rate Tirupati Foam Ltd has scheduled its Board of Directors meeting during which it will consider and recommend the rate of dividend for its shareholders.The company's board is set to convene a meeting on July 20, 2026, with the specific agenda item concerning the recommendation of the corporate dividend.Stock Price Movement Currently, as we look at 10:35 AM, shares of Tirupati Foam Ltd are trending down, trading at ₹66.35 after falling 4.97%. The stock is completely locked in a flat trade, with the intraday high and low remaining identically fixed at ₹69.82.

Suven Life Sciences to Present Global Phase-3 Masupirdine Study Updates at AAIC 2026 in London Suven Life Sciences Limited, a clinical-stage biopharmaceutical company focused on CNS disorders, is set to participate in the Alzheimer's Association International Conference (AAIC) 2026. The conference, designated as A Global Forum to Advance Dementia Science, will be held in London, United Kingdom, from July 12 to 15, 2026.The company has announced it will present five scientific posters detailing its ongoing research and clinical programs across the neuroscience pipeline. Highlights of the presentations include updates on Masupirdine, a pure 5-HT6R Antagonist, which is in a global Phase-3 Clinical Trial Program targeting agitation...

Tirupati Foam Ltd has scheduled its Second Board Meeting and an accompanying meeting of Independent Directors for Monday, July 20, 2026. The meetings are set to address a range of critical corporate governance issues, including the approval of annual reports, dividend recommendations, and key director appointments.The full Board of Directors meeting is slated to take place on July 20, 2026, at 3:30 p.m. Key items proposed for consideration include finalizing and approving the Annual Report for the financial year 2025-26. The agenda also covers the approval of the 39th Directors Report, along with all annexures, as well as the Secretarial Audit Report MR-3 for FY 2025-26.Financial and operational decisions scheduled for discussion...

Gillette India Ltd Reschedules 42nd Annual General Meeting and Sets Record Date Gillette India Ltd has announced the rescheduled date for its 42nd Annual General Meeting (AGM). The company issued an update regarding the corporate event, confirming the dates related to the meeting and potential dividend distribution.The AGM has been set for Monday, August 31, 2026. To determine eligibility for the AGM and the subsequent payment of dividends, the Record Date has been fixed as Monday, August 24, 2026. This date follows a previous communication issued by the company on May 27, 2026.The meeting will allow shareholders to vote on matters related to the company’s performance and governance. If a dividend is approved during the 42nd AGM...

ION Exchange Secures International Contract from Hyundai Worth USD 52.83 Million ION Exchange (India) Limited has secured a significant international contract, winning the business of Hyundai Engineering & Construction Co., Ltd. The agreement involves the supply of filtration units in the Middle East and is valued at USD 52.83 million, which is approximately INR 503 crore based on the prevailing exchange rate.The project with the international entity is scheduled to be executed over a period spanning 18 months.Details regarding the order and contract have been formalized as follows:AspectDetailsClientHyundai Engineering & Construction Co., LtdContract ValueUSD 52.83 million (approximately INR 503 crore)Nature of...

Care ESG Ratings Assigns 87.3 Score to Adani Green Energy Limited for FY26 Adani Green Energy Limited has received an Environmental, Social and Governance (ESG) rating from M/s Care ESG Ratings Limited. The ratings were assigned based on information received by the company on July 09, 2026.M/s Care ESG Ratings Limited assessed Adani Green Energy Limited's performance and provided an ESG rating score of 87.3 for the fiscal year (FY26).The assessment details are as follows:ParameterDetailsCompany NameAdani Green Energy LimitedRating AgencyM/s Care ESG Ratings LimitedESG Rating87.3Fiscal YearFY26ADANIGREEN Stock Price Movement Adani Green Energy Limited shares are gaining ground in the live market, trading up 3.77%...

Adani Enterprises and Dioxycle Partner to Drive Low-Carbon Chemical Manufacturing in India Ahmedabad and Paris, July 09, 2026: Adani Enterprises Ltd (AEL), a flagship entity of the Adani Group, and Dioxycle, a French clean technology company specializing in chemical manufacturing, have announced a long-term partnership. The collaboration aims to develop and scale low-carbon chemical production within India.The initiative is set to begin with a pilot facility located at an Adani Group site. This initial project will focus on producing formic acid using captured carbon dioxide (CO₂) and renewable electricity. Following the successful validation of the process, the partners plan to transition the technology toward commercial...

Bhageria Industries Schedules 37th Annual General Meeting and Releases Integrated Annual Report for FY2025-26 Bhageria Industries Limited has announced the details for its 37th Annual General Meeting (AGM), scheduled for August 1, 2026. The company has also made available the Integrated Annual Report for the Financial Year 2025-26 to all members.The AGM is set to take place on Saturday, August 1, 2026, at 12:30 P.M. (IST). Shareholders can attend the meeting via Video Conferencing (VC) or through Other Audio Visual Means (OAVM).For those shareholders who have not registered their email address with the company or any RTA/Depository, Bhageria Industries Limited has provided a specific method to access the comprehensive details of the...