Markets

Gandhar Oil Refinery Acquires Land Parcel in Raigad for Rs 5.5 Crores Gandhar Oil Refinery (India) Limited has entered into a purchase agreement for a land parcel, strengthening its property portfolio. The transaction involves the acquisition of immovable properties located in Village Kherane Khurd, Taluka Panvel, District Raigad.The company executed the purchase agreement on August 13, 2026. The acquired land parcel measures approximately 86.50 gunthe, which is equivalent to 8751.33 square meters, and corresponds to Survey No. 143.Gandhar Oil Refinery (India) Limited purchased the property for a consideration of Rs 5,50,43,998/- (Rupees Five Crores Fifty Lakhs Forty-Three Thousand Nine Hundred Ninety-Eight Only).The agreement was...

Banka BioLoo Limited Announces Quarter Two Financial Results and Board Decisions Banka BioLoo Limited provided updates on its Q2 financial performance, alongside key decisions made during its recent Board meeting. The company's management reviewed and approved both standalone and consolidated results for the quarter ending June 30, 2026.During the Board meeting held on August 13, 2026, several strategic and governance matters were addressed. Among the key decisions was the re-appointment of Mrs. Namita Sanjay Banka as Managing Director, who retires by rotation, subject to approval at the forthcoming Annual General Meeting. Furthermore, the company approved the grant of 16,000 Employee Stock Options (ESOPs) under the 'Banka BioLoo...

Baazar Style Retail Reports 29% YoY Revenue Growth and 8% PAT Increase in Q1FY27 Kolkata, August 13, 2026: Baazar Style Retail Limited announced its consolidated financial results for the quarter ended June 30, 2026. The company reported strong business momentum, characterized by a 29% year-over-year (YoY) growth in revenue from operations and an 8% YoY rise in Net Profit.The Q1FY27 results show significant operational improvements across the retail network.Consolidated Financial Highlights The following table details key performance metrics for Baazar Style Retail Limited (IND AS):Key Performance Metrics (IND AS)Q1FY27Q1FY26YoY %Q4FY26QoQ %FY26Revenue from Operations (Rs Mn)4,8643,77529%4,6574%18,409EBITDA (Rs...

Corporate Earnings and Sector Shifts Dominate as Markets Hold Steady Amid Global Tensions Indian equity markets experienced continued caution on Thursday, August 13, with indices managing moderate declines despite mixed corporate financial results. The day’s closing session saw the Nifty 50 settle at 24,395.85, marking a fall of 40.10 points or 0.16%. Investor sentiment remained cautious as ongoing geopolitical tensions in the Middle East and the strengthening US dollar weighed against some positive signs from softer US inflation data.Market Technicals and Near-Term Outlook The market remains range-bound, hinging on decisive technical movements. The immediate resistance zone for Nifty is positioned between 24,400 and 24,500. A...

Innovision Limited Posts ₹263.82 Cr Total Income for Q1 FY27; Profitability Impacted Amid Market Headwinds Innovision Limited, an integrated infrastructure and services platform specializing in Toll Plaza Management, Manpower & Security Services, and Skill Development Training, announced its financial results for the first quarter of Fiscal Year 2027 (Q1 FY27). The company reported a significant year-on-year increase in total income but faced profitability challenges, recording an EBITDA loss and a Profit After Tax (PAT) loss.The management highlighted that despite these operational impacts, the Toll Plaza Management vertical remains the core of its growth strategy. Innovision currently manages 30 toll plazas under NHAI user fee...

Lalithaa Jewellery Mart IPO: Growth Surge Driven by Strong Financials—Is It Right for High-Risk Investors? Lalithaa Jewellery Mart is poised to raise a significant capital infusion through its upcoming Initial Public Offering (IPO). The company plans to raise ₹1,200 crore via a fresh issue to fund necessary capital expenditure. Additionally, the IPO will see an Offer For Sale (OFS) component raising another ₹500 crore.This move comes as Lalithaa continues its steady expansion and operational improvements across key markets in South India. The company serves customers with gold, silver, and diamond jewellery, leveraging its strong regional presence to drive financial growth.Company Profile and Geographic Footprint Incorporated in...

ICICI Bank Completes USD 300 Million Senior Unsecured Fixed Rate Notes Issuance ICICI Bank Limited has completed the issuance of USD 300 million in Senior Unsecured Fixed Rate Notes as part of its larger USD 7.5 billion Global Medium Term Note Programme.The Notes issued by the bank have been assigned ratings by major credit rating agencies. S&P Global Ratings granted a BBB rating, while Moody's Ratings provided a Baa3 rating for the notes.These financial instruments are set to be listed on two specialized market venues. The notes will be traded on the Global Securities Market of the India International Exchange IFSC Limited and the Debt Securities Market of the NSE IFSC Limited.ICICIBANK Stock Price Movement Shares of ICICI Bank...

Arrow Greentech Ltd. Reports Strong Q1 FY27 Results with Revenue Reaching Rs 878 Million Mumbai, August 13, 2026 — Arrow Greentech Ltd., a specialist in green packaging technology including water-soluble films and bio-compostable films, announced its unaudited financial results for the quarter ended on June 30, 2026. The company reported significant performance across key metrics, with Revenue from Operations hitting Rs 878 Million and Profit After Tax (PAT) reaching Rs 274 Million.The Q1 FY27 results reflect robust growth trajectory for Arrow Greentech, a leader in manufacturing both eco-friendly materials and high technology products designed to combat counterfeit goods.Financial Performance Overview Arrow Greentech demonstrated...

VST Tillers Tractors Reports Revenue Growth Despite Commodity Pressures; PAT Increases by 9.36%<p>VST Tillers Tractors Limited (VST), recognized as a leading farm equipment manufacturer in India, has announced its financial results for the first quarter of the financial year 2026-27. The company demonstrated operational resilience and growth momentum despite facing commodity inflationary pressures.</p><p>For the quarter, VST recorded revenue from operations reaching ₹ 313.40 crore. This marks an 11% increase compared to the ₹ 282.5 crore reported in Q1 FY26, despite supply disruptions experienced during the period.</p><h2>Financial Performance Highlights</h2> <p>The company’s profitability saw notable improvements across key...

Kaveri Seed Company Reports Q1 FY27 Results Amid Rainfall Deficit; Notes Strong Growth in Cotton and Exports Kaveri Seed Company Limited has announced its un-audited standalone financial results for the first quarter of Fiscal Year 2027 (Q1FY27), ending June 30, 2026. The company reported Q1 performance figures showing declines across key metrics compared to the previous year, though management highlighted strong resilience in its cotton division and significant growth in exports.The results reflect a challenging quarter, with rainfall deficit caused by El Nino impacting farmer interest in the company's premium products. Despite these hurdles, Kaveri Seed Company maintained volume consistency in several segments.Financial...

Fujiyama Power Systems Posts Strong Q1 FY27 Results; Revenue Jumps 125.3% as Capacity Expansions Continue New Delhi: Fujiyama Power Systems Limited, a key provider of rooftop solar solutions across India, has announced its unaudited financial results for the first quarter of fiscal year 2027 (Q1 FY27), ending June 30, 2026. The company reported substantial growth in revenue and EBITDA, driven by expanded operations and strategic network building.The results reflect a period of aggressive capacity commissioning and significant expansion of its distribution footprint. Fujiyama Power Systems continues to serve the residential rooftop solar segment, supporting strong demand across Tier-2 and Tier-3 markets.Q1 FY27 Financial Performance...

Fino Payments Bank Posts Q1 FY27 Results: Customer Acquisition and Referral Loans Drive Operational Strength Fino Payments Bank Limited reported its financial and operational outcomes for the first quarter of Fiscal Year 2027 (Q1 FY'27). The Bank maintained a focus on refining its revenue mix, achieving the highest quarterly net revenue margin at 42.8%, despite moderated revenue and profit following the recalibration of its B2B UPI P2M business.The Bank continues to pursue a differentiated, asset-light, and fee-based operational model, bolstered by its secured lending portfolio, strong liability base, merchant network, and technology platform.Q1 FY'27 Financial and Operational Highlights Total revenue declined by 32% year-on-year...

Vertoz Limited Reports Q3 Financial Results; Board Approves MD Re-appointment and Key Policy Updates Vertoz Limited, in a meeting held on August 13, 2026, announced several key corporate governance decisions, including the re-appointment of Mr. Hirenkumar Rasiklal Shah as Managing Director (MD), the appointment of M/s SHM & CO. as Internal Auditor, and the approval of numerous organizational policies following a review prompted by regulatory amendments.The company released its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, along with an Independent Auditor's Review Report on both sets of results. The management also provided detailed notes regarding subsidiary structures and capital...

Brigade Group Reports Robust Performance in Q1 FY27, Driven by 47% Growth in Profit Before Tax Bengaluru, August 13, 2026: Brigade Group announced a strong performance for the first quarter of Fiscal Year 2027 (Q1 FY27), achieving revenue of ₹ 1,179 Crores. The company reported a significant increase in Profit Before Tax (PBT) by 47% to ₹ 285 Crores. In addition to these results, real estate sales reached ₹ 1,061 Crores, and the average realization stood at ₹ 14,256/sft, marking a 21% increase compared to Q1 FY26.The results demonstrate resilience across Brigade Group's various business segments, including real estate, leasing, and hospitality.Financial Snapshot (Q1 FY27 vs Q1 FY26) Consolidated financial metrics for the first...

V Marc India Secures Letters of Intent from PuVVNL for HT Cable Supply Worth ₹ 100.74 Crores V Marc India Limited has received three Letters of Intent (LOIs) from Purvanchal Vidyut Vitran Nigam Limited (PuVVNL), a power distribution company of Uttar Pradesh Power Corporation Limited, totaling ₹ 100.74 Crores for the supply of 11 KV and 33 KV HT XLPE cables.The orders are underwritten by PuVVNL, which is part of the UPPCL structure, and have been placed following approval by the Corporate Stores Purchase Committee (CSPC) of UPPCL in Lucknow.The aggregated contract value of ₹ 100.74 Crores includes GST at 18%. V Marc India will execute the orders received from PuVVNL by January 2027.A breakdown of the LOIs and their respective...

B.A.G Films and Media Limited Approves Q1 Results, Announces AGM Date and Re-appoints Independent Director B.A.G. Films and Media Limited announced the outcome of its Board meeting held on Thursday, August 13, 2026, including the approval of un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also fixed a date for its upcoming Annual General Meeting (AGM) and approved the re-appointment of an Independent Director.The Board meeting confirmed the key corporate decisions alongside approving the quarterly performance. The company announced that the 33rd Annual General Meeting (AGM) of Members will be held on Thursday, September 17, 2026, at 4:00 P.M. (IST). The AGM will be conducted...

Brigade Group Reports Strong Q1 FY27 Results with Revenue of ₹1,179 Crores and 47% Growth in Profit Before Tax Bengaluru, August 13, 2026: Brigade Group announced a robust performance for the first quarter of fiscal year 2027 (Q1 FY27). The company reported revenue of ₹1,179 crores, achieving an EBITDA of ₹425 crores. Profit Before Tax (PBT) saw a significant increase of 47%, reaching ₹285 crores compared to the same period last year.The average realization for the group stood at ₹14,256 per sq ft, marking a 21% improvement over Q1 FY26.Segmental Performance Highlights The company's performance across its core business segments demonstrated varied strength and resilience during the quarter.In the Real Estate segment, revenue...

Dynacons Reports Q1 FY2027 Results; Lands Landmark RBI Cloud Mandate and Sees Strong Revenue Visibility Dynacons Systems & Solutions Limited, a leading IT infrastructure and digital transformation company, announced its Unaudited Consolidated Financial Results for the first quarter of Fiscal Year 2027 (Q1 FY2027), which ended June 30, 2026. The results, approved by the Board of Directors on August 13, 2026, highlighted sustained delivery momentum and major contract wins across critical financial and government sectors.The company's performance in Q1 FY2027 was anchored by execution on its robust order book and strong demand from BFSI (Banking, Financial Services, and Insurance) institutions and the government. Key milestones included...

Valecha Engineering Announces Key Board Appointments and Releases Financial Results for Quarter Ended June 30, 2026 Valecha Engineering Limited has announced several key outcomes from its recent Board meeting, including the appointment of a new independent director, along with the release of unaudited financial results for the quarter ended June 30, 2026. The company also provided updates on its subsidiary operations and strategic investments.The Board meeting approved the appointment of Ms. Sheuli Sandeep Mujharjee as a Non-Executive and Independent Director, effective August 13, 2026. Operational appointments detailed at the board level included M/s PAMSP & Associate Chartered Accountant as the Internal Auditor for the financial...

Jindal Poly Films Limited Announces FY2026 Results: Standalone Audit Unqualified, Consolidated Statement Receives Qualified Opinion Jindal Poly Films Limited has announced its audited financial results for the Fourth Quarter and Financial Year ended March 31, 2026. The company's Board of Directors approved the results following the conclusion of a meeting held on August 13, 2026.The company reported varied outcomes across its standalone and consolidated financial statements. While the Statutory Auditors issued an Unmodified opinion on the Standalone Audited Financial Results for the year ended March 31, 2026, they provided a Modified (qualified) opinion on the Consolidated Audited Financial Results.Standalone Performance Snapshot...