Markets

Escorts Kubota CFO Bharat Madan Participates in Live Interview with NDTV Profit Escorts Kubota Limited announced that Mr. Bharat Madan, a key executive within the organization, participated in a live interview with NDTV Profit on July 6, 2026.The interaction featured Mr. Madan, who holds the position of Whole-time Director and Chief Financial Officer at Escorts Kubota Limited. The event was conducted with the English Business News channel, NDTV Profit.ESCORTS Stock Price Movement Shares of Escorts Kubota Limited are edging higher as of 12:33 PM today, trading at ₹2994.5 after a gain of 1.00%. Traded volume stands at 128,112 shares so far in the market.

Raymond Stock Surges as Company Taps Ex-BEL CEO to Spearhead Defence Vertical Expansion Strategic Appointment Drives Market Rally Raymond Ltd witnessed a significant rally on Monday, following the announcement of its expansion into the critical defence and aerospace sector. The company appointed Bhanu Prakash Srivastava, former chief of Bharat Electronics Ltd (BEL), to lead its burgeoning defence business. This strategic move was met positively by the market, driving shares up nearly 4 percent.The stock saw a high of Rs 632 per share on the NSE. While it later pared some gains, trading at Rs 623.45 at 12:25 pm, Raymond still showed strong momentum, reflecting an increase of 2.56 percent.Enhancing Defence Capabilities with...

Faalcon Concepts Ltd Secures Rs 101,92,58,750 Order for Glazing Facade Work Faalcon Concepts Limited has received a significant new work order from Splendor Information Technology Private Limited for the design, fabrication, construction, and installation of aluminium glazing façade work. The contract is valued at Rs 101,92,58,750.The project involves work at the commercial building, Splendor ONYX, located in Sector - 142, Noida 201305, Uttar Pradesh, India. Faalcon Concepts Ltd will be responsible for the complete scope of design and installation related to the glazing façade on the commercial structure.The contract has a duration spanning three years. Terms include monthly billing tied to material delivery and performance...

Kalind Ltd Announces Record Dates for Share Sub-Division and Bonus Issue Kalind Ltd has announced the record date for two significant corporate actions: the sub-division of its equity shares and the issuance of bonus shares. These capital restructuring events are set for Friday, July 24, 2026.The company’s decisions regarding share structure include a sub-division of the face value of existing equity shares and the distribution of bonus equity shares. The specifics of these corporate actions, along with their respective record dates, are provided below:Record DatePurposeDescriptionFriday, July 24, 2026Sub-Division of Face Value of Equity SharesDivision of one equity share of face value ₹ 10 each (fully paid-up) into five equity...

LTM Limited Announces Q1 FY27 Earnings Conference Call Details LTM Limited has set the schedule for its Q1 FY27 Earnings Conference Call, providing stakeholders an opportunity to review the company’s performance and engage with management. The event is scheduled for Saturday, July 11, 2026, at 20:00 hours IST.The conference call will feature a briefing on the Q1 FY27 performance by the management team. Following the discussion, attendees will be able to participate in an interactive Question and Answer session.Participants are requested to register using the specified link to join the event. Furthermore, LTM Limited confirmed that a recording and transcript of the conference call will be made available on its investor relations...

MCLR Revision Announced: Tamilnad Mercantile Bank Details Changes Effective July 7 Tamilnad Mercantile Bank Limited has announced a revision to its Marginal Cost of Funds Based Lending Rate (MCLR). The revised rates will be applicable starting from July 7, 2026.The bank provided details regarding the adjustments across various lending tenors. The MCLR revisions reflect changes in the existing rate structure for consumers.Key updates to the MCLR are presented below:TenorExisting RateRevised RateOvernight7.60%7.70%One Month MCLR7.60%7.70%Three Month MCLR8.30%8.40%Six Month MCLR8.85%8.95%One Year MCLR9.25%9.35%PSB Stock Price Movement As of 12:28 PM, shares of Punjab & Sind Bank are slipping by 0.04%, currently...

Ceinsys Tech Ltd Approves Joint Venture for Sovereign AI Infrastructure and Appoints New Deputy CFO Ceinsys Tech Ltd has announced two significant developments stemming from its Board of Directors meeting held on July 6, 2026. The company approved the formation of a joint venture (JV) with AI Fabrik, Inc., USA, aimed at establishing sovereign AI infrastructure in India. Additionally, Ceinsys appointed CA Richa Jain as Deputy Chief Financial Officer (Dy. CFO).The Board approved the creation of the JV Company, which is slated to focus on projects related to creating a sovereign AI infrastructure and services platform within India. This platform is designed to serve Indian government bodies, citizen services, corporate clients...

Tamilnad Mercantile Bank Revises Marginal Cost of Funds Based Lending Rate (MCLR) Tamilnad Mercantile Bank Limited has announced a revision to its Marginal Cost of Funds Based Lending Rate (MCLR), effective from July 7, 2026. The changes pertain to various lending tenors and have been made public by the bank.The MCLR revisions cover rates ranging from Overnight to One Year tenures. Customers and stakeholders are informed of the new rate structure across different periods as detailed below:TenorExisting RateRevised RateOvernight7.60%7.70%One Month MCLR7.60%7.70%Three Month MCLR8.30%8.40%Six Month MCLR8.85%8.95%One Year MCLR9.25%9.35%TMB Stock Price Movement As of 12:24 PM, shares of Tamilnad Mercantile Bank...

Life Insurance Corporation of India Reports Strong Growth and Operational Efficiency in Latest Performance ReviewThe Life Insurance Corporation of India (LIC) has demonstrated sustained leadership and operational efficiency across key financial indicators, as reflected in its recent performance review, showcasing robust growth alongside a massive commitment to digital transformation and ESG initiatives.A detailed look at the corporation's financial parameters reveals consistent improvement across metrics such as Net Worth, Assets Under Management (AUM), and profitability margins.Financial Performance Snapshot The following table outlines LIC’s key business parameters in USD million (mn) across several fiscal years...

Power Equipment Stocks Surge Amid Broke Competition fears After China Exemption is Granted for Government Tenders Shares of power equipment companies experienced a significant rally on July 6 after hitting one-month lows, rising up to 4%. Key players such as Hitachi Energy India, GE Vernova T&D India, CG Power and Industrial Solutions, and Siemens Energy saw their stocks climb. These movements came despite the recent announcement that four Chinese power equipment manufacturers have been allowed to participate in government tenders for critical power projects.Increased Competition Following China Exemption The recent policy shift grants an exemption allowing four specified Chinese firms to compete with domestic players. The companies...

Unichem Laboratories Announces 63rd Annual General Meeting and Releases FY2025-26 Annual Report Unichem Laboratories Limited has announced the details of its 63rd Annual General Meeting (AGM) and made available the complete Annual Report for the Financial Year 2025-26. The meeting is scheduled to take place on Tuesday, August 11, 2026.The company informed shareholders that the AGM will be conducted at 3:30 p.m. (IST) and will be accessible via Video Conferencing (VC) or Other Audio Visual Means (OAVM).For those members who require the Annual Report for the Financial Year 2025-26, details are available through the company's official website. The complete information is accessible via the web link provided on the company site.The...

Cella Space Ltd Announces Board Meeting to Review Q1 Financial Results for FY2026-27 Cella Space Limited has scheduled a meeting of its Board of Directors on Monday, July 13, 2026. The primary agenda item for the gathering is the review and approval of the company’s Unaudited Standalone Financial Results for the quarter ended June 30, 2026.The Board Meeting, set for July 13, 2026, will encompass all crucial operational reviews for Cella Space Ltd. The agenda states that besides reviewing the financial outcomes of the quarter ending June 30, 2026, the Directors will consider any other matters brought before them with the permission of the Chairperson.The company confirmed this schedule in its public notice released on July 06, 2026...

Deepak Nitrite Limited Announces Details for 55th Annual General Meeting (AGM) Deepak Nitrite Limited has set key dates and details for its 55th Annual General Meeting (AGM). The company announced that Monday, July 27, 2026, has been fixed as the Record Date. This date is designated for determining the members of the Company eligible to receive a dividend if it is declared by the shareholders at the AGM.The 55th Annual General Meeting is scheduled to be held on Wednesday, August 5, 2026. The meeting will commence at 11:30 AM IST and will be conducted via Video Conferencing or through other Audio Visual Means.The company has established these details for all shareholders and stakeholders, ensuring that eligible members can...

Board Approves 1:2 Bonus Issue of Equity Shares at ₹10 Face Value Organic Recycling Systems Ltd has approved a bonus issue plan, recommending the issuance of new fully paid-up equity shares through the capitalization of eligible reserves. The move is set to significantly increase the company's paid up capital structure.The Board of Directors of Organic Recycling Systems Limited confirmed the recommendation for issuing bonus shares at a ratio of 1:2. This means that one new equity share, each with a face value of ₹10, will be issued for every two existing fully paid-up equity shares held by eligible shareholders as of the record date.The issuance is planned out of the share premium account (eligible for capitalization, net of...

Panama Petrochem Ltd Commences Commercial Operations at New Facility in Thane Panama Petrochem Ltd has officially initiated commercial operations at its new units located in Maharashtra. The company commenced these activities on July 06, 2026, at its facility situated in Thane District.The commencement of commercial operations marks a key milestone for the company's expansion and production capacity. These new units are located at Lodha Industrial and Logistic Park II (LILP II).Key details regarding the operational commencement are summarized below:DetailInformationUnit/DivisionUnits located at Lodha Industrial & Logistic Park II (LILP II)LocationVillage Narhen, Taluka Ambernath, District ThaneDate of CommencementJuly...

Shanthi Gears Ltd releases Business Responsibility Report, details operational scope and ESG commitments Shanthi Gears Limited (SGL) has published its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The report details the company's operational footprint, financial structure, and comprehensive commitment across environmental, social, and governance (ESG) parameters, setting ambitious sustainability goals for the next decade.The listed entity, which was incorporated in 1972, maintains a paid-up capital of ₹ 7.67 Crores. SGL operates across 3 plants and 1 office, serving customers both nationally across 28 States and 8 Union Territories, as well as internationally in 27 countries.Operational...

Aegis Vopak Terminals Schedules 13th Annual General Meeting and Sets Key Dividend DatesAegis Vopak Terminals Limited has announced details regarding its upcoming 13th Annual General Meeting (AGM), along with key dates related to dividend entitlement and shareholder voting processes for the financial year 2025-26.The AGM is scheduled to be held on Friday, August 07, 2026, at 11:00 a.m. (IST). The meeting will be conducted through Video Conference (VC) or Other Audio Visual Means (OAVM).In relation to shareholder entitlements for the final dividend of FY 2025-26, the company has fixed Friday, July 10, 2026, as the Record Date. Shareholders eligible to receive this final dividend will be paid on or before Friday, September 04, 2026...

Manali Petrochemicals Resumes Plant 1 Operations Following Maintenance Activities Manali Petrochemicals Limited has announced the resumption of operations at its Plant 1 facility. The company confirmed that the plant resumed operations effective July 05, 2026, following the completion of necessary maintenance activities.The operational update indicates that the temporary shutdown was carried out to execute scheduled maintenance procedures at the facility.Manali Petrochemicals Limited also stated that this brief period of inactivity had no material adverse impact on the company's overall operations. The resumption of Plant 1 ensures continuity in the company’s manufacturing process.MANALIPETC Stock Price Movement Shares of Manali...

Shyam Metalics Reports Sales Performance for June 2026 and Q1 FY27 Across Multiple Segments Shyam Metalics and Energy Limited (SMEL), an integrated metal producing company, has released its consolidated sales figures for June 2026 and the first quarter of Fiscal Year 2027. The results cover various key business segments, including Stainless Steel, Aluminium Foil, Pellet, Speciality Alloys, Carbon Steel, CR Coils/Sheets, HR Tubes/Pipes, Sponge Iron, and Pig Iron.SMEL operates across both intermediates and final products within the steel value chain and maintains a diversified product mix. The company is noted as one of the largest producers of Ferro Alloys and ranks among the top players in terms of pellet capacity and the...

Enviro Infra Engineers Secures ₹256.92 Crore EPC Orders for Energy-Efficient Sewage Treatment Infrastructure in Varanasi and Uttar Pradesh Enviro Infra Engineers Limited (EIEL), a prominent EPC player specializing in water and wastewater treatment, has secured two major Hybrid Annuity Model (HAM) projects from Uttar Pradesh Jal Nigam (Rural) under the Government of India’s Namami Gange Programme. The combined order value for these prestigious projects stands at ₹256.92 crore.With these recent acquisitions, EIEL has expanded its HAM portfolio to five projects, reinforcing its status as a key developer and executor of long-term water and wastewater infrastructure within the industry.The two new contracts involve developing Sewage...