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Google partners with Arsenal, Barcelona, Bayern, Liverpool and PSG for AI-powered fan experiences
Google announced new partnerships with five major European football clubs. Gemini AI and Pixel smartphones will enhance fan experiences and club content. Supporters will receive AI-powered match insights and behind-the-scenes access. The collaboration also aims to boost global visibility for women's football. This initiative integrates advanced technology into the world of professional sports.
EMS rises after securing work contract worth Rs 129 crore from Municipal Corporation Jodhpur
EMS added 2.50% to Rs 370.90 after the company announced the receipt of the lowest bidder (L-1) status awarded by Municipal Corporation Jodhpur for sewerage work.
Adani Power Ltd slips for fifth straight session
Adani Power Ltd is quoting at Rs 203.3, down 0.95% on the day as on 13:19 IST on the NSE. The stock jumped 69.77% in last one year as compared to a 2.12% slide in NIFTY and a 12.23% spurt in the Nifty Energy index.
Pep Guardiolas exit ushers in new era of Premier League uncertainty
English soccer's top league starts with nine new managers, marking significant upheaval. Arsenal enters as title favorite after a dominant championship season. The league faces questions about a potential decline in global superstars. Premier League clubs are spending heavily on new player acquisitions. The season promises a return to traditional tactics and new coaching approaches.
'It was all lies...': Jon Ossoff blasts Trump over Iran war, demands Hegseth's resignation
The CBI has filed a chargesheet against Samarth Singh and Giribala Singh. They are the husband and mother-in-law of Twisha Sharma. Twisha was found dead under suspicious circumstances at her marital home. Her family accused the in-laws of mental abuse and dowry-related torture. The CBI took over the investigation after initial police inquiries.
Nifty trades near 24,350 level; European markets open higher amid easing Fed hike expectations
The benchmark indices continued to pare losses in afternoon trade as investors continued to assess the slew of latest corporate earnings announcements. The Nifty traded near the 24,350 mark. Metals, realty and private bank stocks advanced while pharma, FMCG and IT shares declined.
BSE slides after foreign broker downgrades stock to 'underperform'
BSE fell 2.62% to Rs 3,356.70 after a foreign brokerage downgraded the stock to 'underperform', citing concerns over lower trading volumes and the impact of the Closing Auction Session (CAS).
Bata India Announces Q1 Results - Delivers Third Consecutive Quarter of Accelerating Growth
Gurugram (Haryana) [India], August 17: Bata India, India's most trusted footwear today announced its financial results for the quarter ended June 30, 2026, reporting revenue of Rs. 9,789 million, reflecting a ~4% year-on-year growth over Q1 FY26. PAT for the quarter stood at Rs. 637 million, compared with Rs. 517 million in the corresponding quarter last year, a growth of over 23%.
There are currently too many variables that can move the markets in either direction. Oil prices may have settled into a range for now, but there is still no clarity on how the Gulf situation will develop. If uncertainty continues, oil prices may remain elevated. In such a scenario, it is probably best to be cautious; but be nimble enough to respond as things change. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
TCS launches AI agent platform; aims to transform drug development
TCS said its platform allows pharma firms to build and deploy customised AI agent hubs across workflows with minimal integration and implementation effort, while maintaining regulatory compliance.
BSE shares tumble 5% after Jefferies downgrades stock to Underperform. Heres why
BSE shares fell sharply on Monday after Jefferies downgraded the stock and cut its target price to Rs 2,940, citing risks from proprietary trading activity, STT changes, RBI bank guarantee norms and the Closing Auction Session. The brokerage also lowered earnings estimates, despite BSEs strong Q1FY27 profit and revenue growth.
Greaves Cotton acquires balance 20% stake in Excel Controlinkage
Greaves Cotton has acquired the remaining 20% shareholding in Excel Controlinkage through the secondary route, taking its aggregate shareholding in the company to 100%.
Lupin receives USFDA approval for Pitolisant Tablets, 4.45 mg and 17.8 mg
The U.S. FDA has approved Lupin's Pitolisant Tablets, 4.45 mg and 17.8 mg, as bioequivalent to Wakix for the indications in the approved labeling.
PTC Industries spurts after PAT rises over fivefold to Rs 29 crore in Q1
PTC Industries jumped 5.76% to Rs 20146.55 after the company reported a consolidated net profit of Rs 29.2 crore in Q1 FY27, which is higher by 466.2% as compared with the PAT figure of Rs 5.2 crore posted in Q1 FY26.
Bollywood actors Shah Rukh Khan, Ajay Devgn, and Tiger Shroff face FDA show-cause notices over a Vimal Elaichi ad allegedly promoting Vimal Pan Masala through surrogate advertising. The FDA called it a final warning and ordered the actors to remove promotional content
EFC leases entire A+ category building in Pune
Adding 2000+ seats to its managed office portfolio
MTR launches new range of products with authentic North Karnataka flavours
MTR announced the launch of a new range of North Karnataka offerings, comprising Groundnut Chutney Podi (Shenga), Nigerseed Chutney Podi (Gurellu), Flax Seed Chutney Podi (Agasi) and Masala Khara. Crafted specifically for consumers in North Karnataka, the new products bring some of the region's most-loved flavours to consumers in a high-quality packaged format.
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast: Report
Wall Street is currently assessing Anthropic's valuation in light of its anticipated revenue growth for the upcoming IPO. The AI company forecasts remarkable revenue increases by 2028, which is pivotal for investor confidence. Revenue multiples derived from these forward-looking projections are being employed, with comparable companies such as Palantir and SpaceX serving as benchmarks. This strategy underscores the AI firm's rapid expansion and significant infrastructure investments.
Market recovers from lows but trade lower; FMCG shares extend losses
The Nifty traded below the 24,300 level, while market sentiment remained subdued in the absence of strong directional cues. Investors continued to monitor movements in crude oil and gold prices, along with developments on the global geopolitical front, for further indications on the market's near-term trajectory.
Cochin Shipyard slips as Q1 PAT declines 19% YoY to Rs 151 cr
Cochin Shipyard declined 2.05% to Rs 1,464.40 after it reported a 19.38% decline in consolidated net profit to Rs 151.45 crore on a 2.40% increase in revenue from operations to Rs 1,094.21 crore in Q1 FY27 over Q1 FY26.
L&T secures 'ultra-mega' order for strategic offshore development project in the Middle East
Larsen & Toubro said that L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured an 'ultra-mega' order from a prestigious client in the Middle East.
Ola Electric unveils full-stack energy storage portfolio from home to grid
The architecture can scale from a single container to GWh-scale energy storage plants
Saatvik Solar inks initial pact to set up 3.6 GW Phase II Cell Facility in Odisha
The new facility will form part of Saatvik Solar's broader manufacturing development at Gopalpur, where the company is already progressing with its Phase I integrated manufacturing facility
ET Analysis: RBIs FCNR U-turn dents policy certainty
The RBIs early closure of its special FCNR(B) deposit swap window has raised concerns over policy certainty. Banks had mobilised $52.3 billion under the scheme by August 14, prompting the RBI to shut it on August 31 instead of September 30. Bankers say the move could disrupt dollar borrowings and leverage plans, while raising questions about Indias investment-policy predictability.
Sebi chief Tuhin Kanta Pandey says CAS here to stay, will study concerns over rollout
Sebi Chairman Tuhin Kanta Pandey says the closing auction session (CAS) is here to stay, even as the regulator reviews concerns over its implementation. Launched on August 3, CAS has triggered sharp moves in the final minutes of trading and raised concerns over legacy systems, order placement and derivative positions. While Sebi has found no evidence of manipulation, Bernstein expects near-term pressure on index-options volumes.
Larsen & Toubro wins offshore development project in Middle East
L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured an ultra mega order from a prestigious client in the Middle East. The project involves the development of multiple offshore facilities. According to the company's project classification, the order is valued above Rs 15000 crore.
Knowledge Marine edges higher after recording over fivefold jump in Q1 PAT
Knowledge Marine & Engineering Works added 3.03% to Rs 2814.30 after the company's consolidated net profit surged 447.7% to Rs 61.73 crore in Q1 FY27 from Rs 11.27 crore in Q1 FY26.
Zaggle Prepaid hits lower circuit after Q1 PAT drops 33% YoY
Zaggle Prepaid Ocean Services hit the lower circuit of 20% at Rs 160.45 after the company reported a 32.86% year-on-year decline in consolidated net profit to Rs 17.53 crore for Q1 FY27 from Rs 26.11 crore in the corresponding quarter last year.
Teamo Productions HQ Ltd leads gainers in 'B' group
Modern Threads (I) Ltd, Bilcare Ltd, Uflex Ltd and Pakka Ltd are among the other gainers in the BSE's 'B' group today, 17 August 2026.
Juniper Green Energy gets LoA for 230 MW FDRE-RTC project from SECI
Juniper Green Energy Ltd (JGEL) on Monday said it has received a Letter of Award (LoA) from the Solar Energy Corporation of India Limited (SECI) for a 230 MW Firm and Dispatchable Renewable Energy (FDRE) Round-the-Clock (RTC) Power Project at a tariff of Rs 5.26 per unit. Juniper Green Energy emerged the winning bidder for the project in the e-Reverse auction conducted by SECI for its 1,000 MW FDRE Round-the-Clock Renewable Energy tender on August 6, 2026, a company statement said. The tender is among India's most innovative renewable procurement tenders requiring renewable energy projects and storage systems to mimic the reliability profile of thermal generation. The project will be implemented in Rajasthan and will be connected to the National Grid. It will be backed by a 25-year Power Purchase Agreement (PPA) with SECI. It will leverage Juniper Green Energy's integrated development capabilities across solar, wind and battery storage technologies to ensure consistent and reliabl
Bollywood box office is booming, but OTT deals remain a hard sell
The first half of 2026 has seen record box office earnings, yet despite this, demand for ancillary rights remains cautious. Buyers are focusing on proven audience appreciation rather than mere box office success, placing tighter restrictions on investments across the media landscape.
PhysicsWallah posts narrower Q1 loss as EBITDA turns positive
PhysicsWallah jumped 6.88% to Rs 125.18 after the company reported a significant improvement in operating profitability in Q1 FY27, with EBITDA turning positive.
Voltas registers 51% YoY growth in Q1 PAT; YTD secondary market share stands at 17.3%
Voltas has reported 51% rise in consolidated net profit to Rs 213 crore on a 19% increase in total income to Rs 4,765 crore in Q1 FY27 as compared with Q1 FY26.
Manorama Industries Ltd leads gainers in 'A' group
Vikram Solar Ltd, Ipca Laboratories Ltd, Tourism Finance Corporation of India Ltd and Triveni Engineering and Industries Ltd are among the other gainers in the BSE's 'A' group today, 17 August 2026.
Dhoot Transmission makes strong debut at 38% premium. Should investors hold or buy on dips?
Dhoot Transmission made a strong debut, with shares listing at a 38% premium to the 871 IPO price, comfortably beating the ~30% gain indicated by its grey market premium. Analysts remain positive on its long-term prospects, citing strong revenue growth, its established wiring harness business and rising EV exposure.
Schneider Electric Infrastructure shares tumble 12% after Q1 profit plunges 70% YoY
Schneider Electric Infrastructure shares fell sharply on Monday after Q1FY27 net profit plunged 70% YoY to Rs 12 crore despite a 5% rise in revenue. EBIT also declined sharply, while record quarterly order intake of Rs 915 crore and a 32.7% rise in order backlog offered some comfort.
Global Markets Mixed Amid Geopolitical Tensions and Upcoming Economic Reports
Stock futures show a varied start as investors monitor Middle East conflicts, retail earnings and upcoming Fed rate expectations.
Anupam Rasayan posts PAT of Rs 512 crore for Q1; EBITDA margin remains flat at 26%
Anupam Rasayan India has reported 6% rise in consolidated net profit to Rs 512 crore on a 35% increase in revenue from operations to Rs 6,550 crore in Q1 FY27 as compared with Q1 FY26.
The government will soon set up a high-powered committee to examine the banking sector's role in building a Viksit Bharat, Finance Minister Nirmala Sitharaman said, with the panel expected to draw on material from two days of intensive banking reform discussions.
Chennai (Tamil Nadu) [India], August 17: SWITCH Mobility, a global manufacturer of electric buses and light commercial vehicles and part of the Hinduja Group, has reaffirmed its commitment to further reduce its carbon footprint and accelerate the adoption of zero-emission mobility across the country. The pledge is in line with Government of India's vision of Viksit Bharat @2047 with Net-Zero by 2070.
An HP executive described Gen Z as 'AI native', highlighting their strong listening skills, ability to build trust and comfort with technology. He emphasized their role in driving innovation.
Ola Electric unveils expansion of Shakti energy storage portfolio
Ola Electric has unveiled an ambitious expansion of its 'Shakti' energy storage portfolio, designed to store energy when it is available and deploy it when it is needed, from keeping a home powered through an outage to managing renewable energy at grid scale. The unveiling was done on India's 80th Independence Day, Ola Electric said in a statement. Built around indigenous LFP battery technology and the company's vertically integrated cell-to-system capabilities, Ola Shakti creates a single architecture across three markets: home energy with Shakti Gen2, commercial and infrastructure energy with Shakti Rack, and industrial and utility-scale energy with Mahashakti, it added. The use cases of our world-class battery and cell technology will manifest beyond electric mobility, said Bhavish Aggarwal, Chairman and Managing Director, Ola Electric. He further said,Ola Shakti extends that innovation across every scale, from the home to the grid, helping India store and use clean energy ..
Sugar stocks rallied up to 7% as global sugar prices climbed to multi-month highs, with raw sugar touching 16.6 cents per pound and white sugar hitting a 15-month peak. Domestic prices have surged nearly 10% in a month to around Rs 5,000-5,090 per quintal in Mumbai. Deficient rainfall and expectations of strong festival demand are further supporting the bullish outlook for sugar companies.
Uflex shares surge 16% after Q1 profit zooms 630% YoY
Uflex shares rallied after the company reported a 630% YoY jump in Q1 FY27 net profit to Rs 423.3 crore. Revenue grew 38% to Rs 5,366 crore, while EBITDA surged 92% to Rs 919.8 crore. The EBITDA margin expanded to 17%, marking the companys highest level in 21 quarters.
2 killed as Russian strike hits ArcelorMittal steel plant in Ukraine
Two people were killed after a Russian strike hit the ArcelorMittal steel plant in Ukraine, partially disrupting operations at the country's largest steelworks owned by Indian billionaire Lakshmi Mittal. According to Russian state-run newspaper Rossiya Gazeta, the strike on Sunday hit key energy and blast furnace production facilities at the plant in Kryvyi Rih. ArcelorMittal Kryvyi Rih, Ukraine's largest steel plant, announced a partial shutdown following Russian strikes, it said. The report described the facility as part of Ukraine's strategic economic and security complex. Quoting ArcelorMittal's press service, Ukraine's English-language newspaper Kyiv Post reported that the missile strike on the facility killed two people and injured 13 workers and contractors. Search and rescue operations are ongoing, involving firefighters, rescue workers, and medical personnel, it said. The attack damaged primary production facilities related to energy and blast furnace operations, promp
Zaggle shares crash 20%, hit lower circuit after Q1 PAT declines 33% YoY
Zaggle Prepaid Ocean Services shares hit the lower circuit after the company reported a sharp year-on-year decline in Q1FY27 profit, despite strong revenue growth. Margin pressure from Dice acquisition-related expenses weighed on earnings, while the company continues to focus on integrating acquisitions, scaling AI and expanding its fintech offerings.
UFlex spurts as Q1 PAT zooms 630% YoY
UFlex soared 17.18% to Rs 572.30 after the company reported strong Q1 FY27 performance.
Puravankara surges after reporting turnaround Q1 performance
Puravankara jumped 10.76% to Rs 241.68 after the real estate developer reported a consolidated net profit of Rs 26.02 crore in Q1 FY27, compared with a net loss of Rs 68.55 crore in Q1 FY26.
Puravankara shares rally up to 13% after Q1 revenue jumps 62% YoY; EBITDA margin expands to 25%
Puravankara shares rose sharply on Monday after Q1FY27 revenue jumped 63% YoY to Rs 877 crore, while PAT turned positive at Rs 25 crore and EBITDA margin expanded to 25%. Pre-sales rose 28% to Rs 1,439 crore, with collections up 40% YoY.
Saatvik Solar signs MoU with Govt. of Odisha
To set up 3.6 GW solar cell manufacturing unit in Gopalpur
Paisalo Digital successfully concludes Rs 300 cr NCD issuance
The issue, which opened on 7 August 2026 and was scheduled to close on 20 August 2026, witnessed strong investor participation and achieved full subscription ahead of schedule, accordingly, the Company has decided to exercise the option for early closure and close the issue on Monday, 17 August 2026.
Sensex slides 433 pts; PSU bank decline for 3rd day
The Nifty traded below the 24,300 level, while sentiment remained subdued amid a lack of strong directional cues. Investors continued to monitor movements in crude oil and gold prices, along with developments on the global geopolitical front, for further indications on the market's near-term trajectory.
Sun Pharma receives favorable court ruling in Lipitor patent settlement case in US
Sun Pharmaceutical Industries said that the company and certain subsidiaries have secured a favourable outcome in the long-running US antitrust litigation related to the 2008 Pfizer-Ranbaxy patent settlement for generic Lipitor (atorvastatin).
NMDC shares decline 4% after Q1 results. Should you buy, sell or hold the stock?
NMDC shares fell 4% despite a 2% YoY rise in Q1FY27 profit to Rs 2,007 crore, while revenue increased 2% to Rs 6,795 crore. Iron ore production jumped 26% to 151.17 lakh tonnes, but sales rose just 2% to 117.30 lakh tonnes. Ore transferred for pellet job work increased 46% to 8.19 lakh tonnes during the quarter.
PhysicsWallah shares rally 8% after Q1 loss narrows, revenue rises 24% YoY. Should you buy?
PhysicsWallah shares gained sharply after the edtech company reported improved Q1FY27 performance, with revenue rising and losses narrowing year-on-year. Brokerage JM Financial viewed the quarter positively and maintained a bullish stance, citing strong online growth, improving profitability and growth prospects.
Hindustan Adhesives soars as Q1 PAT jumps 183.7% YoY
Hindustan Adhesives hit the upper limit of 20% at Rs 335.55 after the company reported strong Q1 FY27 performance.
Molbio Diagnostics gains on debut
Shares of Molbio Diagnostics were currently trading at Rs 946.25 at 10:07 IST on the BSE, representing a premium of 17.26% as compared with the issue price of Rs 807.
Dhoot Transmission climbs on debut
Shares of Dhoot Transmission were currently trading at Rs 1,149 at 10:07 IST on the BSE, representing a premium of 31.92% as compared with the issue price of Rs 871.
Aurobindo Pharma slides after USFDA issues 11 observations
Aurobindo Pharma declined 1.03% to Rs 1,641 after the company announced that the US Food and Drug Administration (USFDA) has closed its inspection of the Raleigh plant in North Carolina, USA.
Likud party members are voting to select their candidate list for an upcoming national election. This internal contest will significantly influence the composition of the next Israeli government. Prime Minister Benjamin Netanyahu has increased his authority over candidate placements on the roster.
Fire breaks out in godown in west Delhi after suspected e-rickshaw battery blast
A suspected e-rickshaw battery blast caused a massive fire in a west Delhi godown. The blaze erupted early Monday morning, engulfing domestic articles stored on the first floor. Two individuals sustained burn injuries and were declared dead at the hospital. Firefighters quickly responded and brought the flames under control. Investigations are ongoing to determine the exact cause of the incident.
Behari Lal Engineering (BLEL) IPO ends with 108.44 times subscription
The offer received bids for 80.38 crore shares as against 74.12 lakh shares on offer.
INR slips near two-week low as RBI shortens dollar deposit window
The Indian rupee fell in opening trades on Monday, near a two-week low after the Reserve bank of India shortened the window for mobilising fresh Foreign Currency Non-Resident (Bank), or FCNR(B), deposits under its special USD-INR forex swap facility by one month, moving the deadline forward to August 31, 2026. INR opened at Rs 95.50 per dollar and hit a low of 95.60 so far during the day. On Friday, rupee settled at 95.42. Local shares were muted as lingering uncertainty surrounding U.S.-Iran peace talks and the Strait of Hormuz, rising global bond yields and volatility in crude oil prices kept investors on edge. The Indian benchmark indices are trading lower today, with the NIFTY 50 at 24,301.00 (down 0.27%) and the BSE SENSEX at 77,702.95 (down 0.39%).
Hayden Panettiere cause of death: What happened to Heroes star who passed away at 36?
Hayden Panettiere death reason: Hayden Panettiere, famous for her unforgettable performances in Heroes and Nashville, has sadly died at the age of 36. Her father shared the news in a statement released on Sunday. Known for her iconic role as Claire Bennet, she also made an impression as Juliette Barnes, showcasing her talent across various platforms, including film, television, and video games.
Three decades after the gunfire, rapper Tupac's murder gets its day in court
Opening statements commence Monday in the trial of Duane Davis, accused of orchestrating Tupac Shakur's murder. Davis faces a life sentence if convicted of murder with a deadly weapon charges. Prosecutors allege Davis organized the drive-by shooting as revenge for an earlier altercation. His defense claims his book detailing the events is fictionalized for profit. The trial aims to uncover the truth behind the nearly 30-year-old unsolved shooting.
DMR consortium bags PMA contract for 1500MW Tarali Pumped Storage Project
NIBE bags Rs 563-cr Indian Army contract for loiter munition systems
NIBE has secured a supply contract worth Rs 563.35 crore from the Indian Army, Ministry of Defence, Government of India for the manufacture and supply of loiter munition systems.
IndusInd Bank Ltd has lost 1.57% over last one month compared to 1.97% fall in BSE BANKEX index and 0.33% drop in the SENSEX
The long boat to school gets longer as Iran war drives up the price of fuel
Soaring fuel prices due to the Iran war are impacting global education access. Many children are forced to leave school and work to support their families. This conflict exacerbates existing poverty and educational disparities worldwide. Developing nations and vulnerable populations face the most severe consequences. The war threatens years of progress in education and poverty reduction efforts.
Sensex falls over 300 pts, Nifty below 24,300 as oil hits $90; IT, PSU stocks lead the slide
In a troubling trend, Nifty and Sensex slipped for a fifth day on Monday, as escalating oil prices and struggling IT stocks soured investor confidence. The broader market followed suit, opening lower and reflecting the ongoing negative sentiment. Analysts predict a stagnant market until new, favorable catalysts surface, prompting investors to keep a close eye on global trends and economic data that could sway the market's direction.
Voltas shares in focus after Q1 profit surges 52%. Buy, Sell or Hold?
Voltas reported a strong Q1 FY27, with consolidated net profit rising 52% YoY to 213 crore and revenue growing 19% to 4,673 crore. However, the revenue miss and continued weakness in non-RAC businesses have kept Goldman Sachs cautious on the stock, despite the robust earnings growth.
Patanjali Foods shares in focus after Q1 profit jumps 86% YoY, revenue rises to Rs 11,337 crore
Patanjali Foods reported a strong Q1FY27, with consolidated profit surging 86% YoY to Rs 335.7 crore and revenue rising 29% to Rs 11,337.5 crore. EBITDA jumped 69% to Rs 543.3 crore, while margins improved to 4.8%. The FMCG segment contributed 25.65% of revenue and 29.56% of EBITDA, excluding inter-segment revenue and unallocable income, respectively.
Max Healthcare among 4 F&O stocks with sharp rise in futures OI
A significant uptick in futures open interest indicates substantial growth in the number of active, unexpired futures contracts in a specific security.
LTIMindtree Share Price Live Updates: LTIMindtree's Current Price and Market Performance
Coal India Share Price Live Updates: Coal India Price Movement
Nxtra Data standalone net profit declines 10.05% in the June 2026 quarter
Sales rise 22.17% to Rs 699.90 crore
Clix Capital Services Pvt standalone net profit rises 82.33% in the June 2026 quarter
Sales rise 7.19% to Rs 263.75 crore
LG Electronics among 6 stocks flashing bullish signals, hinting at a possible uptrend
Six Nifty500 stocks flashed bullish White Marubozu signals on August 14, reflecting strong buying momentum and sustained investor interest. Gains exceeded 4%, highlighting notable price strength and potential bullish sentiment across these counters.
IKOMA Technologies standalone net profit declines 97.06% in the June 2026 quarter
Sales decline 91.57% to Rs 0.14 crore
Numaligarh Refinery standalone net profit rises 167.33% in the June 2026 quarter
Sales rise 45.63% to Rs 9147.62 crore
Garlon Polyfab Industries reports standalone net loss of Rs 0.01 crore in the June 2026 quarter
Reported sales nil
India forex reserves jumps $14.14 billion to $707 billion
For the week ended August 7, foreign currency assets, a major component of the reserves, increased USD 9.946 billion to USD 574.625 billion.
RBI to close FCNR(B) forex swap facility window on 31 August
Under the facility, forex inflows through FCNR(B) deposits stood at $52.30 billion as of 13 August 2026, accounting for the bulk of the total $56.85 billion raised through the scheme. Inflows through overseas foreign currency borrowings (OFCBs) stood at $2.81 billion, while external commercial borrowings (ECBs) contributed $1.74 billion.
Market braces for cautious start as oil stays elevated
GIFT Nifty:
Stock Alert: Reliance Inds, Voltas, Patanjali Foods, NMDC, Cochin Shipyard
Voltas reported a 52.19% increase in consolidated net profit to Rs 213.76 crore in Q1 FY27 compared with Rs 140.46 crore in Q1 FY26. Net sales jumped 18.66% YoY to Rs 4,673.5 crore in the quarter ended 30th June 2026.
One common stock across 6 top performing mutual funds: Is MCX a signal or a crowded trade?
MCX is the sole stock held by six top-performing mid and small-cap mutual funds. Analysts at UBS see a re-rating opportunity, upgrading the stock to Buy. JPMorgan also upgraded MCX, citing potential growth catalysts from regulatory changes. Dolat Capital, however, flags regulatory and valuation risks for the commodity exchange. Investors will track revenue stability, commodity volatility, and foreign investor participation.
Ashok Leyland shares rise 2% post Q1 results. What Citi and Nomura suggest
Ashok Leyland shares rose 2.15% after the commercial vehicle maker reported a 2% YoY increase in consolidated net profit to Rs 668 crore in Q1. Revenue rose 10% to Rs 10,750 crore, while standalone net profit hit a record Rs 609 crore. However, EBITDA margin narrowed to 10.1% from 11.1% due to rising material costs during the quarter.
Horizon Industrial Parks IPO opens today: Check GMP, price band and key details
Horizon Industrial Parks Rs 2,600 crore IPO opens August 17 and closes August 19, with a Rs 57Rs 60 price band and Rs 4 GMP, implying a 6% premium. The company plans to use Rs 2,250 crore to reduce debt. While FY26 income rose 75% to Rs 767.84 crore, net loss widened to Rs 203 crore.
Behari Lal Engineering allotment likely today; GMP at 30%. Heres how to check status
Behari Lal Engineering's IPO allotment for its 302-crore issue is set to be finalized today. Investors can check status via the registrar's site or BSE/NSE portals. The stock's GMP is around 30%, signaling expectations of a solid listing pop.
