Stocks

Mumbai, January 9, 2026: JSW Steel reported consolidated crude steel production of 7.48 million tonnes for the third quarter of FY26, marking a 6 percent year-on-year increase, despite operational constraints linked to planned maintenance activity at its flagship Vijayanagar facility. The company’s Indian operations contributed 7.28 million tonnes during the quarter, up 7 percent YoY, while production at JSW Steel USA – Ohio stood at 0.20 million tonnes. On a sequential basis, consolidated production declined around 5 percent compared with Q2 FY26, primarily due to lower capacity utilisation during the quarter. Operational Update and Capacity Utilisation Production during Q3 FY26 was impacted by the shutdown of Blast Furnace 3 (BF3) at...

Mumbai, January 9, 2026 Tata Capital witnessed a block deal transaction in early trade on Friday, with shares worth ₹50.82 crore exchanged during the morning block deal window. The transaction was executed in the first session of the day, indicating institutional-level participation at a fixed price. Block Deal Details The block deal was reported during Session 1, which operates between 08:45 am and 09:00 am. According to exchange data updated at 08:45:48 IST, the deal was carried out at a single price point without any price variation. Transaction SnapshotParticularsDetailsStockTata CapitalSeriesBLDeal SessionMorning Block Deal (Session 1)Number of Shares14,33,651Deal Price₹354.50 per shareTotal Deal Value₹50.82...

Mumbai, January 9, 2026: Vodafone Idea Limited has received significant relief on its long-pending adjusted gross revenue obligations, with the company securing a staggered and extended repayment structure that stretches up to March 2041, materially easing near- to medium-term cash flow pressure. Revised AGR Payment Framework Under the updated framework, Vodafone Idea’s adjusted gross revenue dues for the period from FY2006–07 to FY2018–19, calculated as of December 31, 2025, have been frozen and rescheduled over multiple phases. For the first phase, the company will make annual payments capped at ₹124 crore for six years, beginning March 2026 and ending March 2031. This will be followed by a second phase of ₹100 crore per year for four...

Mumbai, January 8, 2026: Meesho Limited (BSE: 544632, NSE: MEESHO) shares came under sharp selling pressure on Thursday morning, falling 5 percent to ₹164.48 in early trade, as investors reacted to back-to-back senior management changes disclosed by the company. The stock opened lower at ₹172 and failed to recover through the session, touching an intraday high of ₹172 before sliding to the day’s low of ₹164.48. The decline wiped out ₹8.65 per share from the previous close of ₹173.13. Volume-weighted average price during the session stood at ₹165.51, indicating sustained selling across levels. Senior Management Reshuffle in Focus The selling pressure followed disclosures made late on January 7 confirming changes within Meesho’s senior...

Hyderabad, January 8, 2026: Shares of Avantel Limited (BSE: 532406, NSE: AVANTEL) were trading higher in early trade on Thursday after the company announced a fresh purchase order valued at Rs 11.19 crore, excluding taxes, providing positive momentum to the stock. At around 9:24 am IST, Avantel shares were trading at Rs 168.29, up Rs 4.47 or 2.73% from the previous close, after touching an intraday high of Rs 169.30. Order Details Drive Investor Interest Avantel has received a purchase order from NewSpace India Limited for the supply, installation, and commissioning of devices for Xponders. The order pertains to the manufacturing segment and is scheduled to be executed by July 2026. The total consideration for the contract stands at Rs...

Mumbai, January 8, 2026 (Thursday) – Shankara Building Products Limited (BSE: 540425, NSE: SHANKARA) today said that equity shares of its demerged arm, Shankara Buildpro Limited, are set to be listed and admitted to trading on both the BSE and the National Stock Exchange starting January 9, 2026. Listing Set to Go Live Tomorrow The upcoming listing marks the formal completion of the demerger of Shankara Buildpro Limited from Shankara Building Products Limited. As part of the restructuring, equity shares of Shankara Buildpro Limited were allotted to eligible shareholders and creditors under the approved scheme of arrangement. With all approvals now in place, Shankara Buildpro Limited will begin trading as an independent listed entity...

Ahmedabad, Jan 8, 2026 — A-1 Ltd appeared sharply lower in early trade today as the stock turned ex-split following the sub-division of equity shares from a face value of ₹10 to ₹1 per share. Post adjustment, the stock was seen around ₹43.40, reflecting an apparent 90 percent decline from the previous close of ₹434.05 recorded on January 7, 2026. The sharp fall is purely technical, driven by the tenfold increase in the number of outstanding shares, with no impact on shareholder value or market capitalisation. What Triggered the Move The stock split (₹10 → ₹1) became effective on January 8, 2026, resulting in every existing equity share being subdivided into 10 shares of face value ₹1 each. The move is intended to:Improve trading...

Mumbai, January 7, 2026: YES Bank Ltd (BSE: 532648, NSE: YESBANK) has received a critical approval to proceed with the transfer of its Specified Demat Undertaking under the retail division to its wholly owned subsidiary, YES Securities (India) Limited, marking an important step in streamlining its capital markets operations.The approval was granted on January 5, 2026, clearing the way for the bank to move ahead with the proposed internal reorganisation. Following this clearance, YES Bank will initiate the remaining procedural steps, including the execution of a Business Transfer Agreement to formally complete the transaction.Strategic Rationale The transfer of the retail demat undertaking is aimed at consolidating brokerage and...

Shares of Indian Energy Exchange are expected to remain under sharp investor focus on Wednesday as developments in the ongoing market coupling case continue to influence sentiment, even as the power exchange delivered steady growth in electricity trading volumes during the December quarter.The stock has drawn heightened attention following strong price action in the previous session, driven by optimism around recent observations made during legal proceedings.Sharp Rally Tracks Tribunal Observations On Tuesday, IEX shares rallied sharply, touching an intraday high of Rs 153.35 on the BSE. The stock eventually closed at Rs 146.80, marking a gain of 9.3 percent for the session.The rally came after the Electricity Appellate Tribunal...

Mumbai, January 6, 2026: Computer Age Management Services Limited (CAMS) announced that its wholly owned subsidiary CAMS Investor Services Private Limited (CAMSKRA) has successfully completed the migration of the KYC Registration Agency business of NSE Data & Analytics Limited. Following the transition, the combined operations are now functioning as a single, integrated entity on a unified technology platform.Market Position Strengthened With the completion of the migration, CAMSKRA has expanded its investor database, taking the total KRA records to over 2.17 crore and extending the PAN base to more than 2.15 crore. The scale-up reinforces CAMSKRA’s standing as India’s second-largest licensed KYC Registration Agency, supported by over...

Heavy Selling Pressure Weighs on Benchmark Indices Shares of Reliance Industries came under sharp selling pressure on Tuesday morning, falling by more than 5 percent and emerging as a key drag on the broader equity markets.The blue chip stock slipped 5 percent to Rs 1,497.05 on the BSE. On the NSE, Reliance Industries declined 5.18 percent to Rs 1,496.30.Benchmarks Trade in the Red The steep fall in Reliance Industries weighed heavily on benchmark indices during early trade. The 30 share BSE Sensex was trading 441.05 points lower at 84,998.57, while the 50 share NSE Nifty was down 99.50 points at 26,151.25.Stock Retreats After Recent Peak The decline follows a strong previous session in which Reliance Industries touched its record...

Chennai, January 6, 2026 Chemfab Alkalis Limited (NSE: CHEMFAB | BSE: 541269) has successfully commissioned a latest-generation INEOS Electrolyser, replacing its nearly three-decade-old second-generation UHDE electrolyser and associated equipment, marking a significant upgrade in its chlor-alkali manufacturing infrastructure.The newly commissioned electrolyser is expected to improve overall operational efficiency, enhance reliability, and optimise power consumption across the company’s production operations. The upgrade represents a strategic move aimed at strengthening process stability while reducing operating costs over the medium term.Capacity and Operational Impact Despite the equipment replacement, the company’s approved...

Mumbai, January 6, 2026: Orient Technologies Limited (BSE: 544235 | NSE: ORIENTTECH) has completed the allotment of bonus equity shares, issuing 41,64,174 fully paid-up equity shares of face value ₹10 each to eligible shareholders. The bonus shares have been allotted in the ratio of 1:10, meaning shareholders received one bonus equity share for every ten existing equity shares held as on the record date. Bonus Issue Details The bonus issue has resulted in an expansion of the company’s paid-up equity share capital, as detailed below:ParticularsNumber of SharesFace Value (₹)Amount (₹)Paid-up Share Capital (Pre-Bonus)4,16,41,7421041,64,17,420Paid-up Share Capital (Post-Bonus)4,58,05,9161045,80,59,160Post allotment, the...

Mumbai, January 6, 2026: Shares of South Indian Bank Ltd surged sharply in Tuesday’s session, rising over 6 percent to trade around ₹42.10, as investors reacted positively to the bank’s strong business performance for the December quarter and improving balance sheet metrics. The stock touched an intraday high of ₹42.50, close to its 52-week high, compared with a previous close of ₹39.68. Trading volumes were healthy, with turnover exceeding ₹14 crore during the session, indicating broad-based market participation. Strong Business Growth in Q3 FY26 The rally comes on the back of solid growth across key banking parameters during the quarter ended December 31, 2025.ParticularsDecember 2024December 2025YoY GrowthGross Advances (₹...

Mumbai, January 6, 2026: Shares of Eicher Motors Ltd (EICHERMOT) scaled a fresh 52-week high of ₹7,564.10 in early trade on Monday, extending their upward momentum as investors continued to factor in strong operating performance and sustained long-term returns. The stock was trading at ₹7,538, up ₹55.95 or 0.75 percent, around 9:57 am IST, after opening at ₹7,497.30. The move places the counter firmly above its previous close of ₹7,482.05 and marks the highest level recorded over the past year. December Sales Support the Rally Investor sentiment has remained buoyant following a strong volume performance by Royal Enfield, the company’s flagship motorcycle brand, in December 2025. Royal Enfield reported total sales of 1,03,574 motorcycles...

Hyderabad, January 6, 2026 - Cupid Breweries and Distilleries Limited witnessed a change in promoter shareholding following an inter-se transfer of equity shares among promoter group members, resulting in a higher consolidated stake for the acquirer. Transaction Details Erramilli Venkatachalam Prasad, a promoter of the company, acquired 14,48,886 equity shares, representing 2.79% of the paid-up share capital, through a non-cash transfer executed on January 1, 2026. The shares were received as a gift from fellow promoter Lily Bhagvandas Rodrigues, with no monetary consideration involved. The transfer was carried out within the promoter group and did not involve any sale in the open market. Shareholding Impact The transaction led to a...

New Delhi, January 6, 2026 – Timex Group India Limited witnessed a change in its promoter shareholding after its parent entity, Timex Group Luxury Watches B.V., completed a stake sale through an Offer for Sale during the last week of December 2025. The promoter entity sold a total of 90.19 lakh equity shares, representing 8.93 percent of the company’s paid-up equity share capital, through the stock exchange mechanism over two trading sessions on December 29 and December 30, 2025. Details of the Stake Sale Out of the total shares offered, 81.17 lakh shares were allotted to non-retail investors on December 29, while the remaining 9.02 lakh shares were allotted to retail investors on December 30 based on valid bids received. The...

Mumbai, January 6, 2026 Shares of Tata Motors Passenger Vehicles Limited traded sharply lower in early deals on Tuesday after its luxury arm Jaguar Land Rover reported a steep decline in wholesale and retail volumes for the December quarter, reflecting production disruptions and portfolio transition headwinds.The stock was trading at ₹362.35, down ₹11.20 or 3.00 percent, as of 09:31 IST, compared with the previous close of ₹373.55. The counter opened weaker at ₹371.50, touched an intraday high of ₹371.50, and slipped to a low of ₹360.00 during the session. The volume-weighted average price stood at ₹364.96, indicating sustained selling pressure through the morning.What Drove the Decline Investor sentiment turned cautious after...

Mumbai, January 6, 2026: Trent Limited (NSE: TRENT, BSE: 500251) shares came under sharp selling pressure in early trade on Tuesday, falling over 7 percent even as the Tata Group retail arm reported double-digit revenue growth and continued rapid store additions across its key formats. The stock was trading at Rs 4,105.10, down Rs 324.70 or 7.33 percent, as of 09:20 am IST, compared with a previous close of Rs 4,429.80. During the session, the scrip touched an intraday high of Rs 4,208.30 and a low of Rs 4,060.00, with volume-weighted average price (VWAP) at Rs 4,111.11. Intraday Market SnapshotParticularsValuePrevious CloseRs 4,429.80OpenRs 4,208.30Day’s HighRs 4,208.30Day’s LowRs 4,060.00Last Traded PriceRs 4,105.10...

Gandhinagar, January 6, 2026 Algoquant Fintech Limited witnessed a firm market debut on the National Stock Exchange on Tuesday, with its equity shares trading higher in early deals following the company’s listing on the exchange.The stock was trading at ₹70.41, up ₹4.18 or 6.31 percent from its previous close of ₹66.23, as of 09:16 am IST. The shares opened at ₹70.00 and moved within a range of ₹69.99 to ₹71.01 during early trade, indicating healthy buying interest post listing.Listing Overview Algoquant Fintech’s listing on the NSE covers its entire equity share capital of 28.11 crore shares, all of which are now admitted to trading under the symbol ALGOQUANT in the EQ series. The market lot size has been fixed at one share...