Markets

NIIT Integrates StackRoute and RPS Consulting into Enterprise Tech Business NIIT Limited has unified its capabilities by integrating StackRoute and RPS Consulting into a combined offering within its Enterprise Technology business. The move is designed to meet evolving enterprise talent needs, helping organizations build future-ready technology staff and drive large-scale workforce transformation, the company announced at the World Digital Architect Conclave 2026.This strategic integration results in a comprehensive platform offering role readiness, deep technology skilling, leadership development, OEM-led capability programs, and enterprise-scale capability transformation. The new Enterprise Tech business unit is set up to assist...

Indo Thai Securities Ltd Completes Preferential Allotment: 15 Lakh Equity Shares Allotted Via Warrant Conversion Indo Thai Securities Limited announced the successful outcome of its Preferential Allotment Committee meeting held on July 3, 2026. The committee approved and finalized the conversion of warrants into equity shares, resulting in the allotment of 15,00,000 equity shares.The allotment followed the process initiated through the conversion of 1,50,000 Equity Convertible Warrants. Following a stock split, which revised the face value of each equity share from Rs. 10/- to Rs. 1/-, the company allotted 15,00,000 equity shares for every warrant converted.The conversion was completed upon receipt of the remaining amount equivalent...

Raymond Realty Reports Strong Q1 FY27 Performance with 129% Growth in Pre-Sales Raymond Realty Limited has released its provisional operational and financial updates for the first quarter of the financial year 2027, indicating sustained growth momentum into the new fiscal year. The results build upon a successful FY26, which featured the launch of seven projects, including four anticipated launches during the final quarter alone.The company demonstrated exceptional performance across its core revenue metrics in Q1 FY27. Pre-sales reached ₹ 700 Cr, marking a significant 129% growth compared to the ₹ 306 Cr recorded in Q1 FY26. This robust pre-sales trajectory highlights strong organic demand for the company’s premium residential...

Capitalnumbers Infotech Ltd Acquires 100% Stake in Epitome Cloud Inc. for INR 40 Crore Capitalnumbers Infotech Limited has entered into a stock purchase agreement (SPA) with Epitome Cloud Inc. to acquire 100% ownership of the US-incorporated technology services company, Epitomecloud, and its Indian subsidiary, Epitomecloud Technology Private Limited. The total consideration for this acquisition is approximately INR 40,00,00,000 (Indian Rupees Forty Crore), which is structured as a cash consideration and is subject to net working capital and other mutually agreed adjustments between the parties.The acquisition aligns with Capitalnumbers Infotech’s strategic objectives, supporting its long-term growth and capability expansion plans. The...

Prof. Sunil Kumar Maheshwari Appointed Vice-Chairman of KP Group Amidst Growth Phase Prof. Sunil Kumar Maheshwari has been appointed as the Vice-Chairman of KP Group, joining the Board of Directors for the group's three listed companies: KPI Green Energy Limited, KP Energy Limited, and KP Green Engineering Limited. The appointment marks a significant addition to the board as KP Group enters its next phase of growth.Prof. Maheshwari brings nearly four decades of experience spanning academia, public sector leadership, and industry engagement. His professional engagements have covered diverse sectors including power, energy, infrastructure, banking, healthcare, logistics, and manufacturing. His expertise centers on strategic...

Defence Stocks Surge as Markets Anticipate Major Procurement Clearances at DAC Meeting Indian defence equities soared on Friday, fueled by strong anticipation surrounding the Defence Acquisition Council (DAC) meeting. The market is expecting the council to consider and clear procurement proposals totaling around Rs 1 lakh crore. This expected flurry of high-value decisions across various defense sectors has significantly boosted related stocks.Bharat Electronics Industries advanced sharply, leading the gains among sectoral participants. The company stock rose 1.31% to ₹420.50. Hindustan Aeronautics Limited (HAL) also saw a solid jump, trading up by 0.81% to ₹4,470. Bharat Dynamics maintained its rise, climbing 0.59% to ₹1,393.10.Key...

Schneider Electric Infrastructure Approves Revised Capital Expenditure for KMVC Capacity Enhancement Schneider Electric Infrastructure Limited has approved significant revisions to the capital expenditure designated for capacity enhancement at its Kolkata Medium Voltage Components (KMVC) facility. The Board of Directors reviewed and approved these financial adjustments, which are aimed at bolstering manufacturing localization, meeting export growth plans, and ensuring business continuity in the sector.The company’s investments cover two primary areas: augmenting the production of Medium Voltage (MV) Vacuum Interrupters and establishing a Mechanism Assembly Line at KMVC to support future expansion and international opportunities...

Indian Hume Pipe Shares Surge on Securing ₹738 Crore Rajasthan Water Supply Project Order Indian Hume Pipe Company witnessed a significant rally in its stock as it secured a substantial Letter of Acceptance (LoA) from the Government of Rajasthan's Public Health Engineering Department (PHED). The order, valued at ₹738.61 crore including GST, is set to drive production and solidify the company’s position within critical public infrastructure projects.At one point during trading, Indian Hume Pipe shares rose nearly 6 percent on the BSE, reaching a price of ₹352.65. This strong performance follows previous trading sessions and reflects market confidence in the company's operational capability and order book stability. The company’s...

Gold Price Jumps to Rs 148,046; India Demand Eases While China Buying Boosts Stability Gold demand in India showed a slight decrease on Friday as prices experienced a notable rebound after consolidating at a three-month low. Prices rose significantly in the domestic market, reaching up to Rs 148,046 per 10 grams, following previous trading near the floor of Rs 140,450 seen on Tuesday.Indian Jewellers Face Cautious Buying Amid Price Rebound Despite the price movement, dealers are maintaining a cautious stance due to market volatility and seasonal factors in India. A Kolkata-based jeweller noted that many buyers were actively waiting for a correction before initiating small purchases at the beginning of the week. This trend reflects the...

Lancer Container Lines Receives BSE Approval for Trading of Preferentially Issued Equity Shares Lancer Container Lines Ltd has received approval from the Bombay Stock Exchange (BSE) to trade 10,28,69,409 equity shares issued on a preferential basis. The securities were allocated to non-promoters and are set to be listed on the exchange starting July 3, 2026.The trading approval was granted by BSE Limited following an official notification dated July 2, 2026. These 10,28,69,409 equity shares, which were issued to non-promoters, carry a face value of Rs. 5/- each and were offered at a premium of Rs. 14.77/- per equity share.The BSE confirmation confirmed that the securities, comprising distinctive numbers ranging from 250394310 to...

Silver Outperforms Gold in India as Global Bullion Prices Surge on Weaker US Rate Expectations Precious metals exchange-traded funds (ETFs) saw a strong rally in India, with silver ETFs slightly outpacing their gold counterparts. The surge reflects robust gains in global bullion prices, driven by expectations that the Federal Reserve might adopt a less aggressive stance regarding interest rates. This movement provides a significant boost to investors holding commodity exposure through the Indian market.Global Bullion Prices Rally as US Rate Fears Ease Global precious metal markets rallied strongly after softer-than-expected US labor data bolstered hopes of reduced interest rate aggression from the Federal Reserve. Spot gold rose 1...

Allied Digital Services Appoints Arun Pathak as CEO for Cloud and Infrastructure Services in India and Middle East Mumbai, July 3, 2026 - Allied Digital Services Limited (BSE: 532875 | NSE: ADSL), a global provider of IT services and digital transformation solutions, has announced the appointment of Mr. Arun Pathak as Chief Executive Officer for Cloud and Infrastructure Services (CIS) spanning the India and Middle East regions.In his new role, Mr. Pathak will oversee the strategy, operations, and growth of Allied Digital’s CIS business across the designated region. His focus will be on expanding managed services, accelerating business expansion, and strengthening enterprise customer relationships within the market.Mr. Pathak brings...

South Korean Stocks Surge as AI Chip Scrutiny Sparks Major Rebound and Industry Optimism The South Korean stock market staged a significant recovery on Friday, surging 5.8% as uncertainty over the global AI boom led investors to scrutinize the sustainability of the industry’s massive growth cycle. The rally was led by major chipmakers Samsung Electronics Co. and SK Hynix Inc., both registering gains exceeding 8%.The volatile sentiment pervading the market has been marked by whipsaws, following a near 10% decline in the previous two trading sessions. This sharp downturn followed concerns over industry overcapacity, which previously led to SK Hynix experiencing its largest daily plunge since 2008, while Samsung tumbled by 9%.Chipmaker...

Sensex Sheds 350 Points, Nifty Dips Below 24,300 as Profit Booking Forces Market Correction Market benchmarks Sensex and Nifty experienced a notable correction on July 3, paring gains after rising for the third consecutive day. This move was primarily attributed to strong profit booking combined with declines in select sectors. The Sensex fell by 350 points from its daily high of 78,157.52, while Nifty traded below the crucial psychological milestone of 24,300.As of the afternoon trading session, the market saw volatility and consolidation. The Sensex stood at 77,839.43, registering a gain of 337.31 points or 0.44%. Meanwhile, Nifty was trading at 24,295.05, up 119.35 points or 0.49 percent. The market composition showed that 1986...

Prof. Sunil Kumar Maheshwari Appointed Vice-Chairman as KPI Green Energy Enters Next Growth Phase Prof. Sunil Kumar Maheshwari has been appointed as the Vice-Chairman of KP Group. He has also joined the Board of Directors of the group's three listed companies: KPI Green Energy Limited, KP Energy Limited, and KP Green Engineering Limited.The appointment brings decades of academic expertise, governance experience, and corporate boardroom exposure to KP Group, reinforcing its leadership bench as the organization moves into a new phase of growth.Background and Experience Prof. Sunil Kumar Maheshwari possesses nearly four decades of professional experience spanning academia, public sector leadership, and industry engagement. His advisory...

KP Group Appoints Prof. Sunil Kumar Maheshwari as Vice-Chairman Amid Growth Phase KP Group has welcomed Prof. Sunil Kumar Maheshwari as the Vice-Chairman, signaling a significant step as the conglomerate enters its next phase of growth and expansion. In this expanded role, Prof. Maheshwari has also joined the Boards of Directors for three of the Group's listed entities: KPI Green Energy Limited, KP Energy Limited, and KP Green Engineering Limited.The appointment brings nearly four decades of extensive experience across various sectors to the KP Group. Prof. Maheshwari’s professional engagement spans academia, public sector leadership, and industry consultation, focusing on power, energy, infrastructure, banking, healthcare, logistics...

Apar Industries Board Resolves Change in Shareholder Approval Method for Fundraising Plans Apar Industries Limited has announced a significant change in the strategy for seeking shareholder approval regarding its proposed fundraising activities. The company's Board of Directors approved a resolution on July 3, 2026, superseding previous plans and establishing an alternative method to secure requisite stakeholder consent.The board resolved to rescind and cancel the prior decision that sought shareholders' approval via a postal ballot. This action relates to the overall fundraising initiative involving a qualified institutions placement, rights issue, preferential allotment, or a combination of these methods.In place of the...

Prof. Sunil Kumar Maheshwari Appointed Vice-Chairman and Board Member of K.P. Energy Limited Entities Prof. Sunil Kumar Maheshwari has been appointed as the Vice-Chairman of KP Group. In this capacity, he has also joined the Board of Directors for three listed companies under the group: KPI Green Energy Limited, KP Energy Limited, and KP Green Engineering Limited.The appointment reinforces the leadership bench of KP Group at a critical stage in its growth journey. Prof. Maheshwari brings nearly four decades of experience spanning academia, public sector leadership, and industry engagement. His professional background includes advising numerous organizations across the power, energy, infrastructure, banking, healthcare, logistics, and...

Coffee Day Enterprises Ltd Announces Board Meeting to Review Q1 Unaudited Financial ResultsCoffee Day Enterprises Ltd has scheduled a meeting of its Board of Directors to review the Standalone and Consolidated Unaudited Financial Results for the quarter ending June 30, 2026.The company announced that the Board meeting is set to take place on Thursday, August 6, 2026. The meeting will be held at the registered office of Coffee Day Enterprises Ltd.The primary purpose of the scheduled board meeting is to consider the unaudited financial results for the quarter ended June 30, 2026. This marks the formal process through which the company’s performance during that period will be reviewed by its directors.COFFEEDAY Stock Price Movement...

Anthem Biosciences' Credit Ratings Revised by ICRA; Multiple Instruments Rated AA Stable Anthem Biosciences Ltd has received revised credit ratings for several of its bank facilities from ICRA Limited. The agency assessed various instruments, resulting in upgrades and stable outlooks across multiple categories, as part of its rating assessment.ICRA’s updated evaluation covered fund-based working capital, term loans, non-fund based limits, and unallocated limits. The ratings reflect an improvement or stability following previous assessments for these specified facilities.The key aspects of the revised credit ratings are detailed below:InstrumentRated Amount (Rs. Crores)RatingKey Change/StatusLong Term/Short Term - Fund Based -...