26 C 
Nifty settles below 24,400 level; pharma shares decline
The Nifty settled below the 24,400 level, while sentiment remained subdued amid a lack of strong directional cues. Investors will monitor the 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.
Mumbai (Maharashtra) [India], August 14: Insta360, the world's best-selling 360 camera brand, today launched X6, its new flagship 8K 360 camera, in India at the brand's first offline launch event in the country, held in Juhu, Mumbai. Insta360 currently holds 71% value share (US$) of the global panoramic camera (360 camera) market, according to IDC's Worldwide Quarterly Handheld Smart Camera Tracker Report, 26Q1. The India launch follows X6 going on sale globally on August 12, arriving as Insta360 marks 10 years of innovation in 360 cameras.
Seven states plan 1,380 new GCCs, to help create 12 lakh jobs by 2031: CBRE
CBRE mentioned that Karnataka is targeting 500 GCCs that will create 3.5 lakh jobs. Maharashtra is aiming 200 GCCs with scope of 4 lakh new jobs
HCL Technologies expands collaboration with NetApp
To offer hybrid cloud STaaS solution to enterprises
Japan stocks extend rally on rate hopes and AI gains
Markets now see about a 35% chance of a 25-basis-point Fed rate hike in September, down from 55% a week earlier. At home, investors are also watching for a possible Bank of Japan rate hike in September or October, as a weaker yen could add to inflation.
China stocks end mixed as semiconductor and AI gains offset US tariff concerns
The Shanghai Composite was flat at 3,927.2, while the Shenzhen Component rose 0.45% to 14,354.3. Semiconductor stocks gained after SMIC reported a more than threefold increase in second-quarter profit, helped by strong demand for AI-related chips. SMIC rose 2.65%, while GigaDevice Semiconductor gained 3.21%.
TFS posts strong Q1FY27 results; shares in red despite earnings beat
Sales growth was a muted 0.8%, weighed down by passenger traffic disruptions linked to the West Asia conflict and terminal migration at airports
Natco Pharma Q1 profit falls 57 pc to Rs 206.5 cr
Natco Pharma has reported a stark profit decline in the first quarter, largely driven by reduced sales of its leading cancer drug, lenalidomide. This led to a pronounced drop in consolidated revenues compared to the prior year. On a brighter note, the core business showed some positive growth, and total expenses saw a decrease, providing a silver lining to the financial report.
MakeMyTrip partners with Ministry of Tourism to promote guided tours across India
The tours can be booked via the platform starting from Independence Day, with the catalogue set to expand further, MakeMyTrip stated
Reported sales nil
BF Utilities reports standalone net loss of Rs 5.03 crore in the June 2026 quarter
Sales rise 1.91% to Rs 5.88 crore
East Buildtech reports standalone net profit of Rs 0.11 crore in the June 2026 quarter
Sales rise 1050.00% to Rs 0.46 crore
Daulat Securities standalone net profit rises 73.28% in the June 2026 quarter
Sales rise 61.94% to Rs 2.51 crore
Bharat Global Developers reports standalone net loss of Rs 1.12 crore in the June 2026 quarter
Reported sales nil
Bhaskar Agrochemicals reports standalone net profit of Rs 0.14 crore in the June 2026 quarter
Sales rise 6.72% to Rs 24.76 crore
Zenith Fibres standalone net profit rises 200.00% in the June 2026 quarter
Sales rise 58.95% to Rs 15.45 crore
Multiplus Holdings standalone net profit rises 15.15% in the June 2026 quarter
Sales rise 4.76% to Rs 0.44 crore
3M India standalone net profit rises 31.17% in the June 2026 quarter
Sales rise 19.00% to Rs 1423.21 crore
Keerthi Industries reports standalone net loss of Rs 7.14 crore in the June 2026 quarter
Sales decline 37.51% to Rs 19.11 crore
Praj Inds climbs as Q1 PAT more than doubles to Rs 12 cr
Praj Industries rallied 4.45% to Rs 335.82 after the company reported a sharp 117.64% jump in consolidated net profit to Rs 11.60 crore in Q1 FY27 from Rs 5.33 crore in Q1 FY26.
Ashok Leyland Q1 net profit up 1.5% at 667.77 cr
Consolidated revenue from operations stood at 13,069.59 crore in Q1, as against 11,708.54 crore in the year-ago period
EIL reports 55% rise in Q1 profit, affirms positive business outlook
EIL recorded a net profit of 109 crore in April-June quarter of 2026-27, compared with 70 crore in the same period last year
BSNLs Q1 loss widens to 1,280 crore as expenses outpace revenue growth
The company's total expenses rose 5.5% year-on-year in the June quarter to 7,242.5 crore. The company's revenue from operations rose 4.2% year-on-year and 2% sequentially to 5,306 crore.
World War Two memorial in Washington vandalised with bubbles and graffiti
The World War Two memorial in Washington was vandalised with soap and graffiti. Police and National Guard troops responded to the desecrated sacred place of remembrance. Investigators are working to identify the individuals responsible for this unacceptable act. The Interior Department stated the vandalism will not be tolerated by authorities. This incident occurred while the United States grapples with national pride and unity.
In a bizarre turn of events, a student orchestrated his own abduction as a means to settle online gaming debts. Crafting an AI-generated image, he sent alarming ransom texts to his father. Swift police investigation located the teen at a friends residence within mere hours. Confronted by authorities, he confessed to concocting the scenario under intense pressure. He was returned home safely after a thorough questioning process.
'iPhone X is dead', long live what comes next: Apples old iPhone gives way to its next big idea
The iPhone X has officially become an obsolete product for Apple. This device established a premium design language for subsequent iPhone generations. Apple is now reportedly planning a major redesign for the iPhone's 20th anniversary. The 2027 models may feature a new glass-heavy design with curved edges.
Nifty trades below 24,400 level; oil & gas shares decline
The Nifty traded below the 24,400 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.
John Cockerill India Ltd leads losers in 'B' group
Genesys International Corporation Ltd, Kernex Microsystems (India) Ltd, Essar Shipping Ltd and Infomedia Press Ltd are among the other losers in the BSE's 'B' group today, 14 August 2026.
Jubilant FoodWorks rises as Q1 PAT grows 6% YoY; Popeyes clocks 40%+ LFL growth
Jubilant FoodWorks rose 3.25% to Rs 508 after the company reported a resilient Q1 FY27 performance.
Volumes jump at Welspun Living Ltd counter
Welspun Living Ltd witnessed volume of 645.68 lakh shares by 14:14 IST on NSE, a 33.07 times surge over two-week average daily volume of 19.52 lakh shares
The Grand Old Men of Dalal Street: Top stocks that survived the Raj
India Independence Day 2026: Indias oldest listed companies offer a rare window into the evolution of Indian business, markets and capitalism. From Bombay Burmah Trading Corporation, founded in 1863, to Balmer Lawrie, Bombay Dyeing, Britannia, ITC, Tata Steel, Kirloskar Brothers and Century Textiles, these vintage stocks survived colonial rule, Independence, liberalisation and the digital era by adapting, diversifying and redeploying capital.
Zee Entertainment spurts after SAT grants interim relief in SEBI case
Zee Entertainment Enterprises surged 5.34% to Rs 101.92 after media reports said the Securities Appellate Tribunal (SAT) granted interim relief to the company in its dispute with the Securities and Exchange Board of India (SEBI).
S&P assigns investment-grade rating to IDFC FIRST Bank. Can it lift the stock?
S&P Global Ratings has assigned IDFC FIRST Bank an inaugural investment-grade rating of BBB- for the long term, with a Stable Outlook. The rating is expected to strengthen the lenders access to global funding markets and support international operations. S&P also highlighted strong capitalization, improving profitability, stable asset quality and funding.
Bharat Dynamics Q1 Results: Net profit soars 6x to Rs 119 crore, revenue surges 131% YoY
Bharat Dynamics reported a strong Q1 FY27 performance, with standalone net profit rising more than sixfold year on year to Rs 118.79 crore, while revenue from operations jumped 131%. The stock remained largely flat after the results, despite delivering strong gains over the longer term.
CESC Ltd is quoting at Rs 166.85, up 1.23% on the day as on 12:49 IST on the NSE. The stock is up 1.46% in last one year as compared to a 2.14% spurt in NIFTY and a 11.79% spurt in the Nifty Energy index.
Tata Sons has begun the search for N Chandrasekarans successor after he announced plans to step down as chairman in February. Tata Steel CEO TV Narendran, Tata Power CEO Praveer Sinha, Tata Motors Shailesh Chandra and Tata Chemicals Ramakrishnan Mukundan are among contenders. Tata Trusts chairman Noel Tatas children Neville and Maya are also being considered, alongside potential external candidates.
Ashok Leyland Q1FY27 results: Net profit rises 1.5% to 667.77 crore
Commercial vehicle maker Ashok Leyland Ltd on Friday reported a 1.5 per cent increase in consolidated net profit at Rs 667.77 crore for the first quarter ended June 30, 2026. The company had posted a consolidated net profit of Rs 657.72 crore in the corresponding period of the previous fiscal, Ashok Leyland Ltd said in a regulatory filing. Consolidated revenue from operations stood at Rs 13,069.59 crore in the quarter under review as against Rs 11,708.54 crore in the year-ago period, it added. The company's board has approved an investment of up to 25 million pounds (approximately Rs 325 crore) in its UK subsidiary Optare Plc. and another up to Rs 500 crore in equity shares of Hinduja Housing Finance Ltd through secondary purchase of shares. Total expenses in the quarter under review were higher at Rs 12,314.66 crore as compared to Rs 10,920.53 crore in the same period a year ago, the company said. During the quarter, the company said it posted its highest ever commercial vehicles
TCS announces strategic partnership with Vodafone biz
Tata Consultancy Services (TCS) has announced a strategic partnership with Vodafone Business, the enterprise arm of VodafoneThree the United Kingdom's largest mobile operator. This synergy will help customers modernise technology, accelerate digital adoption, reduce complexity, and scale to achieve stronger business outcomes and customer experience.
Awfis Space Solutions Q1 profit jumps over 2-fold to 24 crore, revenue rises to 449 crore
Total income rose to 448.87 crore in the first quarter of this fiscal from 353.04 crore in the corresponding period of the preceding year
New Delhi [India], August 14: In a major development aimed at redefining the vehicle repair and insurance claim landscape in India, Smart Garage, a tech-driven multi-brand automotive service network, has officially partnered with The Oriental Insurance Company Limited (OICL), one of India's premier Public Sector General Insurance companies.
Bank of Baroda raises USD 700M Senior Notes
These bonds will be issued through the Bank's IFSCBU branch as of 20 August 2026 and shall be listed on Singapore Stock Exchange, India INX and NSE -IX Exchange Gift city.
Sensex, Nifty trade rangebound; European mrkt decline
The Nifty hovered below the 24,350 mark, 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.
Pirojsha Godrej: The fourth-generation scion taking the reins at century-old Godrej Industries
Pirojsha Godrej, the youngest of Adi Godrejs three children, has taken a winding path from politics to property and now the Godrej Industries Groups corner office. From building Godrej Properties into a real estate powerhouse to founding Godrej Capital and Godrej Ventures, his journey blends family legacy, business ambition and a distinctly individual imprint.
USFDA issues warning letter to Aurobindo Pharma's Telangana facility
Aurobindo Pharma on Friday said the US health regulator has issued a warning letter to a formulation manufacturing facility of its arm, Eugia Pharma Specialities Ltd, in Telangana. In May this year the company had stated that the US Food and Drug Administration (USFDA) inspected Unit-I, a formulation manufacturing facility of Eugia Pharma Specialities Ltd located at Telangana from February 16 to February 27, 2026. The inspection had concluded with four observations and the USFDA had determined the facility as 'official action indicated' (OAI). Subsequent to OAI, the unit has received a warning letter, Aurobindo Pharma said in a regulatory filing. There is no impact on the existing supplies to the US markets, it added. The company further said the Unit I of Eugia Pharma Specialities Ltd, is contributing to about 2 per cent to company's overall group revenue. Aurobindo Pharma said it remains committed to working closely with the US FDA and continues to enhance its compliance on a
Aurobindo Pharma arm Eugia Pharma's Telangana unit gets warning letter from USFDA
In May this year the company had stated that the US Food and Drug Administration (USFDA) inspected Unit-I, a formulation manufacturing facility of Eugia Pharma Specialities Ltd located at Telangana from February 16 to February 27, 2026
Pakistan celebrates Independence Day: Here's how its stock market performed in last one year
Pakistan celebrates its 79th Independence Day as the KSE-100 index delivers a 23% return over the past year despite geopolitical tensions and market volatility. From a record high in January, the index has slipped around 6%. Meanwhile, younger investors are increasingly entering Pakistans stock market, boosting participation and account openings.
15 stocks held by 100+ MFs in July surged up to 131%; 3 turned multibaggers in CY26
Stocks held by more than 100 mutual fund schemes showed strong gains in CY26, with 15 stocks rising 50% or more through July. Welspun Corp, Apar Industries and Ather Energy emerged as the top performers, each more than doubling during the period.
Refex Industries secures contract worth Rs 40.83 cr
For transportation of pond ash to various road projects
Quest Global said to pick banks for $1 billion India IPO
The Singapore-based engineering services firm has appointed Axis Capital Ltd., Kotak Mahindra Capital Co., JM Financial Ltd., Morgan Stanley and Citigroup Inc. to advise on the share sale
Archidply Decor reports standalone net loss of Rs 0.25 crore in the June 2026 quarter
Sales decline 0.09% to Rs 11.05 crore
Mercantile Ventures reports standalone net profit of Rs 0.72 crore in the June 2026 quarter
Sales decline 0.10% to Rs 10.20 crore
T & I Global standalone net profit declines 29.07% in the June 2026 quarter
Sales decline 12.28% to Rs 30.28 crore
PFL Infotech reports standalone net loss of Rs 0.03 crore in the June 2026 quarter
Reported sales nil
Mehta Integrated Finance reports standalone net loss of Rs 0.08 crore in the June 2026 quarter
Sales decline 68.18% to Rs 0.07 crore
Danlaw Technologies India standalone net profit rises 70.89% in the June 2026 quarter
Sales rise 34.60% to Rs 73.72 crore
KMC Speciality Hospitals (India) standalone net profit rises 119.76% in the June 2026 quarter
Sales rise 37.91% to Rs 91.78 crore
Bharat Ekansh consolidated net profit rises 100.00% in the June 2026 quarter
Sales rise 250.00% to Rs 0.42 crore
M Lakhamsi Industries consolidated net profit rises 100.00% in the June 2026 quarter
Sales decline 28.42% to Rs 15.79 crore
KMC Speciality Hospitals surges after Q1 PAT more than doubles to Rs 16.57 crore
KMC Speciality Hospitals (India) jumped 6.04% to Rs 131.60 after the company reported a net profit of Rs 16.57 crore for Q1 FY27, which is 119.9% higher as compared with the PAT figure of Rs 7.53 crore recorded in Q1 FY26.
Galaxy Surfactants Ltd leads gainers in 'B' group
Bilcare Ltd, Teamo Productions HQ Ltd, Mahalaxmi Fabric Mills Ltd and Apex Frozen Foods Ltd are among the other gainers in the BSE's 'B' group today, 14 August 2026.
Tribunal allows Zee to proceed with fundraise, but keeps market ban intact
The Securities Appellate Tribunal granted conditional relief for Zees 3,143 crore fundraise and operational liquidity, provided the broadcaster pays its Sebi penalty within a week, even as market restrictions remain in force.
AXISCADES shares slide 2% as Q1 results reveal transition costs despite record revenue
The traded volume stood at 4.76 lakh shares, with a traded value of 69.49 crore
LEAP India shares fall 12% post-listing, slip below IPO price. What should investors do?
LEAP India shares dropped from their listing price, slipping below the IPO issue price after a modest debut. While analysts highlight the company's leadership in pallet pooling and long-term growth potential, demanding valuations and modest return ratios have led to a Neutral view, with a stop-loss suggested at Rs 155.
Ananya Birla-promoted Svatantra Microfin files for Rs 3,000 crore IPO
Svatantra Microfin has filed for a Rs 3,000 crore IPO, comprising Rs 1,500 crore fresh shares and Rs 1,500 crore OFS. Promoter Ananya Birla owns nearly 60%, while Advent and Multiples plan to pare holdings. The microfinance lender reported Rs 21,093 crore AUM as of March 2026, making it Indias second-largest MFI.
Skyways Air Services' 583 crore IPO to open on Aug 24; price band fixed at 131-138
The IPO comprises a fresh issue of 2.89 crore equity shares and an Offer For Sale (OFS) of 1.33 crore equity shares
Arvind Ltd taps Japanese designers, leased capacity as denim demand hits all-time high
Arvinds denim fabric volumes rose 34% year-on-year to 17.5 million metres in the June quarter, the highest level in 16 quarters, with the company seeing strong demand visibility through the end of the year
GT Bharathi Brings Globally Recognised World Trade Center Brand to Chengalpattu
Tamil Nadu [India], August 14: GT Bharathi (GTB) today announced that it has been granted a license by the World Trade Centers Association (WTCA) to develop a World Trade Center (WTC) business in the Chengalpattu district of the State of Tamil Nadu. The agreement places GTB among an elite global network of over 300 WTC businesses across nearly 100 countries and territories -- and makes it one of the major developers to carry the WTC name in South India.
Tata CEOs, family scions seen in early list for new Tata Sons chairman
Tata Steel CEO T.V. Narendran and Tata Motors' Shailesh Chandra, as well as Noel Tata's son Neville Tata are emerging as contenders for Tata Sons chairman.
LG Electronics India stock surges 8% on strong Q1 earnings beat, nears 52-week high
LG Electronics India stock, which listed in October 2025, is up nearly 15% year-to-date and trades at a trailing P/E of 58.71x
How Indian stock market evolved since 1991: Sensexs journey from 1,000 to 86,000
Euro added mild gains from a one and half week low against the dollar on Friday morning after data from Germany showed wholesale prices rose 5.3% year-on-year in July, accelerating from a 4.9% increase in the previous month, which had marked the slowest growth in three months. On a monthly basis, wholesale prices edged up 0.2%, reversing a 0.7% decline in June and marking the first increase in three months, although the rise was below the 0.4% expected. Meanwhile, weakness in US dollar following softer than expected US inflation data this week is also supporting gains in the EUR/USD pair which is currently quoting at $1.1555, up 0.10% on the day and edging higher from a one and half week low. On the NSE, EUR/INR futures are down 0.10% at 128.91.
SAT allows Zee to proceed with 3,143 crore preferential warrant issue
The tribunal extended the deadline for the issuance by one week, subject to payment of penalties, while the securities market debarment imposed by Sebi will continue
Zee Entertainment shares rally 8% after SAT grants interim relief in Sebi order
Zee Entertainment's shares experienced a surge following the Securities Appellate Tribunal's grant of interim relief. The tribunal has put a hold on SEBI's order, permitting promoters to issue preferential warrants. Additionally, ZEEL is allowed to utilize mutual fund units for dividend distribution. However, this relief comes with the condition of paying the penalty that SEBI has imposed, which the company disputes based on claims over property document titles.
New Delhi [India], August 14: Increasing numbers of professionals are focusing on their online presence, but few are safeguarding the very thing that forms the backbone of it.
Honasa Consumer rises as Q1 PAT jumps 116.5% YoY
Honasa Consumer rose 2.06% to Rs 489.35 after the company reported strong financial performance for Q1 FY27.
Balu Forge Industries Ltd leads gainers in 'A' group
Manorama Industries Ltd, Welspun Living Ltd, S J S Enterprises Ltd and KRBL Ltd are among the other gainers in the BSE's 'A' group today, 14 August 2026.
RCF Q1 PAT jumps 35% YoY to Rs 74 crore
Rashtriya Chemicals & Fertilizers (RCF) reported a 35% rise in consolidated net profit to Rs 73.53 crore in Q1 FY27, compared with Rs 54.43 crore in Q1 FY26.
Transformers and Rectifiers rises after bagging 'large' order from APTRANSCO
Transformers and Rectifiers (India) added 3.14% to Rs 301 after the company said that it has received a letter of intent (LOI) for a large order from Transmission Corporation of Andhra Pradesh (APTRANSCO).
Manorama Industries shares surge over 8% after strong Q1 results
Manorama Industries shares surged after Q1FY27 net profit jumped 67.6% YoY to
Family members, top executives, emerge as contenders to lead Tata Sons
Apart from Tata Steel's TV Narendran, CEOs of group cos such as Tata Power's Praveer Sinha, Tata Motors PV Ltd's Shailesh Chandra and Tata Chemicals Ltd's Ramakrishnan Mukundan are in the early list
On Rakesh Jhunjhunwalas fourth death anniversary, his investment philosophy continues to offer valuable lessons for investors. From patience and discipline to respecting market dynamics, learning from mistakes and avoiding unreasonable valuations, these principles remain relevant for navigating equity markets.
Benchmarks trade in negative terrain; auto shares slump
The Nifty hovered below the 24,350 mark, 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.
NSE SME Optimystix Entertainment treads water after listing at a premium
Optimystix Entertainment India traded at Rs 175.40 on the NSE, a 0.23% premium to the issue price of Rs 175.
Volumes jump at ICICI Prudential Life Insurance Company Ltd counter
ICICI Prudential Life Insurance Company Ltd saw volume of 50.02 lakh shares by 10:45 IST on BSE, a 92.41 fold spurt over two-week average daily volume of 54127 shares
JLR sees Q1 as FY27 low; new Range Rovers, Jaguar Type 01 to drive growth
Jaguar Land Rover expects sales and cash generation to improve from their first-quarter lows as supply normalises and its richer product mix cushions earnings
Sugar stocks rallied for a second session on Friday as domestic sugar prices climbed 8-10% over the past month to a seven-year high. Rising global prices, supply concerns in Brazil and Thailand, higher ethanol demand and expectations of tighter Indian exports have strengthened the outlook for sugar producers.
Praj Industries shares rally 7% after Q1 profit more than doubles YoY
Praj Industries shares surged 6.5% after Q1FY27 net profit more than doubled year-on-year to Rs 12 crore, while revenue rose 12% to Rs 716 crore. The company reported Rs 1,000 crore in order intake and ended the quarter with an order backlog of Rs 4,589 crore, providing strong execution visibility.
Jefferies Chris Wood spots a hidden risk in Big Techs $165 billion AI capex race
Big Techs AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 billion in Q2 against just $7 billion in free cash flow. Jefferies Chris Wood warns that growing reliance on cash-burning AI firms OpenAI and Anthropic could pose a hidden risk.
Meta pushes back against state attorney generals over social media addiction lawsuit as trials begin
The lawsuit alleges that Meta harnessed powerful technologies to entice and ensnare young users through features such as push notifications and infinite scrolling
LG Electronics India surges as Q1 PAT rises 27% YoY
LG Electronics India surged 7.90% to Rs 1,703 after the company reported strong financial performance for Q1 FY27.
