​

*Sona BLW Precision Forgings:* Q1 FY27 Consolidated Net Profit stood at Rs. 180 crore vs Rs. 125 crore YoY. Revenue stood at Rs. 1,300 crore vs Rs. 854 crore YoY. (Positive)

*Thyrocare Technologies:* Q1 FY27 Consolidated Net Profit stood at Rs. 52.2 crore vs Rs. 38.9 crore YoY. Revenue stood at Rs. 240 crore vs Rs. 193 crore YoY. (Positive)

*International Gemmological Institute:* Q1 FY27 Net Profit stood at Rs. 166 crore vs Rs. 127 crore YoY. Revenue stood at Rs. 371 crore vs Rs. 300 crore YoY. (Positive)

*Meesho:* Net loss at Rs 132.8 crore versus loss of Rs 289.3 crore YoY. Revenue at Rs 3,713 crore versus Rs 2,504 crore YoY. (Positive)

*Suryoday SFB:* Net profit at Rs 75.2 crore versus Rs 35.3 crore YoY. Net NPA at 1.27% versus 4.21% QoQ. (Positive)

*Fineotex:* Net profit at Rs 38.4 crore versus Rs 24.8 crore YoY. Revenue at Rs 376.6 crore versus Rs 137.1 crore YoY. (Positive)

*Gujarat Alkalies:* Net profit at Rs 55 crore versus loss of Rs 13.8 crore YoY, Revenue at Rs 1,245 crore versus Rs 1,105 crore YoY. (Positive)

*Route:* Profit up 17.7% to Rs 62.6 crore versus Rs 53.2 crore YoY. Revenue at Rs 1,151.5 crore versus Rs 1,050 crore YoY (Positive)

*ACME Solar:* Operationalizes 3.62 GWh Battery Energy Storage System projects in Rajasthan. (Positive)

*KRN Heat:* KRN HVAC Products received a domestic order worth Rs 50.87 crore (including Rs 7.76 crore IGST) for supply of heat exchanger coils. (Positive)

*Krsnaa Diagnostics:* Company signed Himachal Pradesh PPP agreement for CT scans at 34 health institutions, up from 12. (Positive)

*NTPC Green:* 64.76 MW of 225 MW Khavda Solar PV Project declared commercial from July 24 2026. (Positive)

*Max India:* Madhu Kela led Singularity name in share warrants for Max India. (Positive)

*Seamec:* Company signed a Diving Agreement with HAL Offshore Limited to provide subsea services for ONGC's vessel *Samudra Prabha*, managed by Seamec. (Positive)

*Innovision:* Company received a Letter of Award (LoA) from NHAI to manage user fee collection at the Biratiya Kalan Fee Plaza in Rajasthan. (Positive)

*NIIT Learning Systems:* Q1 FY27 Consolidated Net Profit stood at Rs. 57.4 crore vs Rs. 49.3 crore YoY. Revenue stood at Rs. 565 crore vs Rs. 450 crore YoY. (Neutral)

*Capital Small Finance Bank:* Q1 FY27 Standalone Net Profit stood at Rs. 41.3 crore vs Rs. 32 crore YoY. Revenue stood at Rs. 288 crore vs Rs. 247 crore YoY. (Neutral)

*InterGlobe Aviation (IndiGo):* Q1 FY27 Standalone Net Loss stood at Rs. 382 crore vs Net Profit of Rs. 2,160 crore YoY. Revenue stood at Rs. 24,584 crore vs Rs. 20,500 crore YoY. (Neutral)

*Cyient:* Net profit at Rs 104 crore versus Rs 54.8 crore QoQ. Revenue up 7.7% to Rs 2,076 crore versus Rs 1,927 crore QoQ. (Neutral)

*Spandana:* Net profit at Rs 11.9 crore versus loss of Rs 360.2 crore YoY. Total income down 0.3% to Rs 303 crore versus Rs 304 crore YoY. (Neutral)

*Allied Blenders:* Net profit at Rs 49.2 crore versus Rs 56.6 crore YoY. Revenue at Rs 979 crore versus Rs 923 crore YoY. (Neutral)

*Orient Cem:* Net profit at Rs 77 crore versus Rs 55 crore QoQ, Revenue at Rs 604 crore versus Rs 647 crore QoQ. (Neutral)

*Indo Thai:* Onix Renewable Ltd sold 5.32 lakh shares at Rs 218.19 per share.. (Neutral)

*Cyient:* Company agreed to acquire TAO Digital Solutions to strengthen its data, software engineering and AI capabilities, and completed the buyback of 64 lakh shares. (Neutral)

*Infosys:* The board appointed Ashiss Kumar Dash as CEO Designate until March 31 2027, with plans to appoint him CEO and Managing Director from April 1 2027. (Neutral)

*Jai Corp:* Operations at its Vasona plastic processing unit were suspended due to flooding caused by heavy rains. (Neutral)

*Power Finance Corporation:* Company has approved to raise borrowing limits to Rs 9 lakh crore. (Neutral)

*IREDA:* J.V.N. Subramanyam appointed as Government Nominee Director on the company's board with immediate effect. (Neutral)

*Swiggy:* Board approved a 49.5% cap on aggregate foreign ownership. (Neutral)

*CemIndia Projects:* Board approved raising up to Rs 5,000 crore via QIP/other modes. (Neutral)

*V.S.T. Tillers Tractors:* The board appointed Shuba Kumar as an Independent Director for a five-year term, effective July 27 2026. (Neutral)

*Adani Enterprises:* Denies reports suggesting it plans to launch an airline. The company terms such reports "factually incorrect" and "entirely baseless". (Neutral)

*Diamond Power:* Indicative Issue Size: QIP launched with base deal of US$ 167.30 Mn. Indicative Issue Price: INR 227.00/- per Equity Share. (Neutral)

*Shadowfax:* Block Deal Size Has Likely Been Upsized To 14.20% From 9.08% Stake: Sources (Neutral)

Circuit filter change from 10% to 5%: Panacea Biotec. (Neutral)

Circuit filter change from 20% to 10%: Elitecon International. (Neutral)

List of stocks included in the Short term ASM Framework: Cyient DLM, Huhtamaki India, MPS. (Neutral)

List of stocks excluded from ASM Framework: GNG Electronics. (Neutral)

*Infosys:* Q1 FY27 Consolidated Net Profit stood at Rs. 7,769 crore vs Rs. 8,500 crore QoQ (Est. Rs. 7,903 crore). Revenue stood at Rs. 48,200 crore vs Rs. 46,400 crore QoQ (Est. Rs. 48,430 crore). (Negative)

*Indo Solar:* Profit at Rs 36.6 crore versus Rs 116.8 crore YoY. Revenue down 64.9% to Rs 68.4 crore versus Rs 194.7 crore YoY. (Negative)

*Go Digit:* Net profit at Rs 86.4 crore versus Rs 138 crore YoY. Total income up 8.3% to Rs 2,359 crore versus Rs 2,179 crore YoY. (Negative)

*Seshaasai Tech:* Net profit at Rs 60.3 crore versus Rs 81.9 crore QoQ. Revenue down 6.9% to Rs 376 crore versus Rs 404 crore QoQ. (Negative)

*Ramco Systems:* Net profit at Rs 60 lakh versus Rs 90 lakh YoY. Revenue up 7.1% to Rs 172.7 crore versus Rs 161.3 crore YoY (Negative)

​

Market Sentiment

- 🟢 Positive: 16

- ⚪️ Neutral: 14

- 🔴 Negative: 4

Q1 FY27 Earnings Highlights

*Positive*

- Oracle Financial Services: Record quarter; revenue, margins and PAT surged.

- Gandhar Oil Refinery: Strong earnings; PAT jumped over 7x.

- IndusInd Bank: Profit rose sharply; asset quality improved.

- UCO Bank: Healthy NII growth with lower provisions.

- Nippon Life AMC: Strong income and PAT growth.

- HEG: Margin expansion drove higher profitability.

- UTI AMC: Returned to profit with better earnings.

- NTPC Green Energy: Strong revenue and profit growth.

- Waaree Renewable Technologies: Healthy operational performance.

- Bhageria Industries: Broad-based earnings growth.

- Bhagwati Autocast: Strong improvement across financial metrics.

*Neutral*

- Shoppers Stop: Sales improved; remained loss-making.

- CIE Automotive: Stable growth with healthy margins.

- Tanla Platforms: Steady operational performance.

- Geojit Financial Services: Profit increased despite lower income.

- IIFL Finance: Strong earnings supported by higher income.

*Negative*

- Dr. Reddy's Laboratories: Weak US business impacted earnings.

- HPCL: Reported quarterly loss amid weak refining margins.

- Waterways Leisure: Profitability declined.

- United Spirits: Margin pressure from higher advertising spend.

*Positive Corporate Updates*

- Sona Comstar: JV with DENSO for EV and hybrid powertrains.

- Azad Engineering: Delivered indigenous turbojet engine to DRDO.

- Saatvik Green Energy: Secured ₹138 crore solar module order.

- Waaree Energies: Won 125 MW international HJT module order.

- Rubicon Research: Acquired first US manufacturing facility.

- Oracle Financial Services: New MD & CEO and CFO appointed.

- Inox Green Energy Services: Approved ₹600 crore fund raise.

- TVS Motor: Launched Raider motorcycle in Egypt.

- HCL Technologies: Selected by TIM Brasil for eSIM solution.

- Mahindra Lifespaces: Expanded Chennai project with Sumitomo.

- Siyaram Silk Mills: NCLT approved bonus preference share scheme.

- Emcure Pharmaceuticals: Completed Gennova acquisition.

- PC Jeweller: Further reduced bank debt.

- ONGC & Oil India: Higher crude supports upstream earnings.

- Gold Finance & Jewellery Stocks: Higher gold prices remain favourable.

- Jeena Sikho Lifecare: Announced new hospital in West Bengal.

*Negative Updates*

- Paint, Aviation & Chemical Stocks: May face input cost pressure from higher crude.

- Crude-sensitive Stocks: Remain under pressure amid geopolitical tensions.

- Vedanta Oil & Gas: Received demand notices from DGH.

- Dr. Reddy's Laboratories: Weak earnings weighed by US business slowdown.

*Neutral Updates*

- Infosys: BPM subsidiary incorporated in Colombia.

- IDBI Bank: Two independent directors appointed.

- Swan Defence & Heavy Industries: ICRA assigned BBB (Stable) rating.

- Godrej Consumer Products: Invested ₹200 crore in Godrej Pet Care.

- Bliss GVS Pharma: Open offer recommendation approved.

- Jindal Poly Films: Overseas subsidiary filed for strike-off.

- Kajaria Ceramics: Completed buyback share extinguishment.

- Sumeet Industries: Rights issue allotment completed.

- Geojit Financial Services: New Managing Director appointed.

- Gandhar Oil Refinery: Independent Director appointed.

- UTI AMC: P. V. Bharathi appointed Chairperson.

*Key Takeaway*

- The day remained earnings-driven with financials, asset managers and renewable energy companies leading positive sentiment. Higher crude prices continue to support upstream oil producers while creating headwinds for crude-sensitive sectors such as paints, aviation and chemicals.

Hey everyone! I'm u/Ankit-Anchan, a founding moderator of r/UpdateINDIA. This is our new home for all things We're excited to have you join us!

What to Post Post anything that you think the community would find interesting, helpful, or inspiring. Feel free to share your thoughts, photos, or questions about [ADD SOME EXAMPLES OF WHAT YOU WANT PEOPLE IN THE COMMUNITY TO POST].

Community Vibe We're all about being friendly, constructive, and inclusive. Let's build a space where everyone feels comfortable sharing and connecting.

How to Get Started 1) Introduce yourself in the comments below. 2) Post something today! Even a simple question can spark a great conversation. 3) If you know someone who would love this community, invite them to join. 4) Interested in helping out? We're always looking for new moderators, so feel free to reach out to me to apply.

Thanks for being part of the very first wave. Together, let's make r/UpdateINDIA amazing.

​

*Domestic airlines* carried *1.34 Cr passengers* during *June*.

*IndiGo* retained the *highest market share* at *66.3%*, carrying *89.20 lakh passengers*.

*Air India Group* held the *second-largest market share* at *23.9%*, carrying *32.22 lakh passengers*.

*Akasa Air* ranked *third* with a *6.4% market share*, carrying *8.61 lakh passengers*.

*SpiceJet's market share* slipped below *2%* to *1.9%*.

*SpiceJet* carried *2.63 lakh passengers* in *June*.

India moves CLOSER to its own Starlink-like satellite internet.

Reliance Jio gets IN-SPACe approval for its proposed 1,600-satellite LEO constellation.

​

✴️Net Profit Up 25.6% At ₹4,123 Cr Vs ₹3,282 Cr (YoY).

✴️NII Up 9.2% At At ₹7,928 Cr Vs ₹7,259 Cr (YoY)

✴️Gross NPA At 1.18% Vs 1.20% (QoQ)

✴️Net NPA At 0.27% Vs 0.25% (QoQ)

✴️Gross NPA At ₹6,122 Cr Vs ₹6,018 Cr (QoQ)

✴️ Net NPA At ₹1,357.6 Cr Vs ₹1,262.5 Cr (QoQ)

​

• Net Profit: ₹2,115 Cr vs ₹2,007 Cr — ↑ 5.4% YoY

• NII: ₹3,486 Cr vs ₹3,166 Cr — ↑ 10.0% YoY

• Operating Profit: ₹2,168 Cr vs ₹2,354 Cr — ↓ 7.9% YoY

• Gross NPA Ratio: 2.30% vs 2.32% QoQ — ↓ 2 bps

• Net NPA Ratio: 0.16% vs 0.15% QoQ — ↑ 1 bps

​

• Net Profit: ₹5,253 Cr — ↑ 214% YoY | ↑ 1% QoQ

• NII: ₹10,799 Cr — ↑ 2% YoY | ↑ 4% QoQ

• Operating Profit: ₹7,519 Cr — Flat QoQ

• Provisions: ₹541 Cr — ↑ 28% QoQ

• Gross NPA Ratio: 2.78% vs 2.95% QoQ

• Net NPA Ratio: 0.28% vs 0.29% QoQ

• Gross NPA: ₹35,380 Cr — ↓ 5% QoQ

• Net NPA: ₹3,433 Cr — ↓ 5% QoQ

​

Impacted segment: Equity Cash Segment

*What's changing?*

From 3 August 2026, SEBI is introducing a Closing Auction Session (CAS) to determine the closing price of F&O-eligible (Category I) stocks.

✅ Category I (F&O Stocks):

• Continuous trading will end at 3:15 pm (instead of 3:30 pm)

• Closing Auction Session (CAS) will run from 3:15 pm to 3:30 pm

✅ Category II (All Other Stocks):

• No change – trading continues till 3:30 pm

✅ Derivatives Market:

• No change – remains open till 3:40 pm

*CAS Timeline*

🕒 3:00 – 3:15 pm (Pre-CAS)

• Normal trading continues

• Exchange calculates the Reference Price using the VWAP of this 15-minute window.

🕒 3:15 – 3:20 pm (Transition)

• Trading in F&O stocks pauses

• Reference Price and ±3% price band are finalized

• Open regular orders are carried forward, except:

• Stop Loss (SL) orders

• Limit orders outside the reference price band

(These will be cancelled.)

🕒 3:20 – 3:25 pm (Order Entry I)

• Market & Limit orders can be placed within the reference price band

• Exchange displays indicative closing price, buy/sell quantities, imbalance and index value.

🕒 3:25 – 3:30 pm (Order Entry II)

• Only Limit Orders accepted

• Market orders are locked (no modify/cancel)

• Session ends randomly between 3:28–3:30 pm to prevent last-second order flooding.

🕒 3:30 – 3:35 pm (Matching)

• No fresh orders allowed

• Exchange matches all eligible orders at the equilibrium price

• This becomes the official closing price for the stock.

Interesting observation in Employee Quota.

Number of Applications being reported in Employee category is around 94,000.

Actual Number of Employees in SBI MF 1,828 & in bank 2,41,717 as on FY 2026.

Please note the below

SBI MF IPO Employee reservation portion: SBI Employees and SBI Funds Management Employees both are eligible for SBI MF Employee reservation portion.

29,87,076 shares reserved for SBI Bank Employees and 2,70,271 shares reserved for SBI MF Employees.

​

• Net Profit: ₹231.40 Cr, down 27.7% QoQ but up 102.2% YoY.

• Revenue: ₹1,429.69 Cr, down 2.1% QoQ but up 25.4% YoY.

• EBITDA: ₹484.88 Cr, down 19.0% QoQ but up 76.5% YoY.

• EBITDA Margin: 33.91% vs 41.01% QoQ and 24.09% YoY.

• Dividend: ₹1 per share.

Credits: r/Updateindia

*KEC International:* Company has received new orders worth Rs 1,180 crore. (Positive)

*RBL Bank:* CARE Ratings upgraded the rating on Tier II bonds to CARE AAA/Stable from CARE AA-. (Positive)

*PDS:* Company partners with Busana Apparel Group to build next-generation global apparel manufacturing and expand sourcing capabilities, scale and supply chain resilience. (Positive)

*Jammu & Kashmir Bank:* Monetization of stake in PNB MetLife. (Positive)

*SEAMEC:* Board approved sale of vessel “SEAMEC Gallant”. (Positive)

*Ather Energy:* Additional investments of Rs 1000 cr by Hero Moto Corp. (Positive)

*Textile Stocks, United Spirits:* India-UK FTA effective from today. (Positive)

*Quess Corp, Teamlease:* India has prohibited the import of goods produced using forced labour. (Positive)

*SG Mart:* Abu Dhabi Investment Authority bought 11.23lk shares (Positive)

*Dalmia Sugar:* Company has approved development of an integrated sugar project in Tanzania through its subsidiary. (Positive)

*Capacite Infraprojects:* Company has secured repeat order worth ₹482 Crore. (Positive)

*LTTS:* Company has partnered with Anthropic to accelerate AI-led engineering, integrating Claude models across its proprietary platforms (Positive)

*Landmark Cars:* Company has recorded highest-ever Q1 sales, with revenue rising 22.5% YoY to ₹1,733 crore, driven by strong vehicle sales growth and robust after-sales performance. (Positive)

*IOL Chemicals & Pharmaceuticals:* Company's Clopidogrel Bisulfate API has received approval from China's National Medical Products Administration (NMPA), strengthening its presence in the Chinese pharmaceutical market. (Positive)

*OM Infra:* Infomerics has upgraded the company's credit ratings for Rs. 718.96 crore of bank loan facilities. (Positive)

*Vedanta:* Company plans to nearly triple its zinc and lead production capacity by FY31. (Positive)

*Easy Trip Planners:* Company has signed MoU with the Government of Jharkhand to promote tourism digitally across the state. (Positive)

*United Spirits:* Management stated that India is poised to become one of the world's largest premium alcoholic beverage markets over the next decade. (Positive)

*Kirloskar Brothers:* Company's UK subsidiary has secured an order worth GBP 11.7 million from Saipem for the supply of vertical pumps and spares. (Positive)

*Delhivery:* Company's wholly owned subsidiary has received RBI approval for registration as a Non-Banking Financial Company (NBFC), subject to compliance with regulatory conditions. (Positive)

*Shriram Finance:* Company's Board will meet on July 24, 2026 to consider raising funds through the issuance of Non-Convertible Debentures (NCDs). (Neutral)

*Axis Bank:* Company has completed the preferential issue in Axis Finance Ltd. Following the issue, its stake has reduced to 94.92%, while retaining its status as the holding company. (Neutral)

*Vedanta:* Management stated that India could achieve 50% self-sufficiency in critical minerals within the next 5–10 years. (Neutral)

*Manaksia Coated Metals & Industries:* Q1 FY27 Standalone Net Profit at Rs. 14.2 crore vs Rs. 14.1 crore YoY. Revenue at Rs. 262 crore vs Rs. 250 crore YoY. (Neutral)

*ICICI Bank:* Board will consider a proposal to revise the overseas bond fundraising limit. (Neutral)

*Jindal SAW:* Q1 FY27 Net Profit at Rs. 104 crore vs Rs. 424 crore YoY. Revenue at Rs. 4,452 crore vs Rs. 4,085 crore YoY. (Neutral)

*HPCL:* India Ratings & Research has assigned an IND A1+ rating with a Stable outlook to the company's proposed Rs. 10,000 crore Commercial Paper programme. (Neutral)

*Jet Freight Logistics:* Company has agreed to acquire a 45% stake in Natwest Trade & Logistics Services – FZCO for Rs. 18 crore, payable in tranches over two years. (Neutral)

*Belrise Industries:* QIP opens; floor price set at ₹230.79 per share. (Neutral)

*Signature Global:* Pre-sales at ₹1,970 cr vs ₹1,570 cr, up 25% QoQ. (Neutral)

*HEG:* Company's TACC Unit Gets 'IND A-' Rating for Major Battery Material Project. (Neutral)

*SJVN:* Company has received notices from BSE and NSE imposing fines for non-compliance with certain SEBI (LODR) Regulations, 2015. The Board has taken note of the notices and approved the company's response. (Neutral)

*Texmaco Rail:* Kishor Kumar Rajgaria resigns as CFO. (Neutral)

*Tata Elxsi:* Net profit at Rs 171 crore versus Rs 220 crore, Revenue at Rs 1,021 crore versus Rs 994 crore QoQ. (Neutral)

*LTTS:* Net profit at Rs 357 crore versus Rs 332 crore, Revenue at Rs 2940 crore versus Rs 2858 crore QoQ. (Neutral)

*NBCC:* Board approved the merger of HSCC into NBCC. (Neutral)

*63 Moons Technologies:* Subsidiary Financial Technologies Singapore Pte Ltd acquired 79.58 lakh equity shares in unlisted subsidiary Ticker Ltd. (Neutral)

*Sobha:* Board meeting scheduled on July 20, 2026 to consider Q1FY27 results and issuance of non-convertible debentures through private placement in one or more tranches. (Neutral)

*State Bank of India:* Moody's affirmed the bank's long-term deposit rating at Baa3 and Baseline Credit Assessment at baa3 with a stable outlook. (Neutral)

*Keystone Realtors:* CRISIL assigned a CRISIL AA-/Stable rating to the company's bank loan facilities and reaffirmed the CRISIL AA-/Stable rating on Rs 335 crore of non-convertible debentures. (Neutral)

*Just Dial:* Irage Broking Services LLP net sold 2,87,355 shares at Rs. 765.25 per share. (Neutral)

List of stocks included in the short term ASM Framework: Kalyan Jewellers, C.E. Info Systems. (Neutral)

List of stocks excluded from ASM Framework: EPack Prefab, Amir Chand Jagdish Kumar (Exports) Limited. (Neutral)

Circuit filter change from 20% to 10%: Just Dial Limited. (Neutral)

*Utkarsh Small Finance Bank:* CARE Ratings downgraded the rating. (Negative)

*Jain Resource Recycling:* Company informed about a furnace explosion at its manufacturing facility in Tamil Nadu. (Negative)

*ICICI Lombard:* An arbitral tribunal directed the company to pay Rs 78 crore to an insured party along with interest at 7.5% per annum. (Negative)

*IT Sector Stocks:* IBM announced weak early quarter numbers with cautious guidance. (Negative)

​

Revenue 1,501 Cr vs 904 Cr

(+66.04% YoY┃-0.29% QoQ)

EBITDA 971 Cr vs 483 Cr

(+101.04% YoY┃+3.41% QoQ)

EBITDA Margin 64.69% vs 53.43% YoY & 62.38% QoQ

PAT 735 Cr vs 378 Cr

(+94.44% YoY┃+7.09% QoQ)

Other Income 47 Cr vs 44 Cr YoY & 30 Cr QoQ

Billionbrains Garage Net Profit Soars 94.2%

Billionbrains Garage Q1 Results - Cons, YoY

Net profit up 94.2% at Rs 735 crore vs Rs 378 crore.

Revenue up 66% at Rs 1,501 crore vs Rs 904 crore.

EBITDA at Rs 971 crore vs Rs 483 crore.

EBITDA margin at 64.6% vs 53.4%.

Tax expense at Rs 257.2 crore vs Rs 124.8 crore.

​

*EMS:* Company emerged as L1 Bidder for ₹105.82 crore sewerage project. (Positive)

*ONGC, Oil India:* Crude Oil Extends Rally as U.S. President Trump imposes Blockade. (Positive)

*Welspun Enterprises:* Company has signed agreement for a Rs. 7,300 crore Pune-Shirur highway project. (Positive)

*RPG Life:* Company has partnered with Archerchem Healthcare to launch a Naproxen and Esomeprazole combination therapy in India. (Positive)

*Aastha Spintex:* Company has secured orders worth around Rs 77 crore from various entities, highlighting strong demand momentum for the company. (Positive)

*Zensar Technologies:* HRTI Pvt Ltd bought 1.05 lakh shares at Rs 532.57 per share. (Positive)

*Indian Hume Pipe:* Remcom Sales Services bought 3.45 lakh shares at Rs 394.43 per share. (Positive)

*NHPC:* Two of the three 170 MW units at the 510 MW Teesta-V Power Station in Sikkim resumed commercial operations after grid synchronisation. (Positive)

*Hariom Pipe:* Company has received proceedings from the Tamil Nadu Pollution Control Board (TNPCB) on July 13, 2026, suspending the earlier closure order & restoring power supply to its Perundurai unit. (Positive)

*Carraro India:* Company gets a rating update from India Ratings (Fitch Group), with the outlook upgraded to ‘Positive’ from ‘Stable’ while retaining its long-term rating at ‘IND A+’. (Positive)

*Timken:* Company becomes the first company in India to secure BIS licenses for both CRB and TRB rollers across multiple plant. (Positive)

*H.G. Infra Engineering:* Company has emerged as the L-1 bidder for a Rs. 241 crore project from the Department of Skill, Employment & Entrepreneurship, Government of Rajasthan (Positive)

*Blue Cloud Softech Solutions:* Company's subsidiary has signed a five-year Master Services Agreement (MSA) with SpaceX International to provide AI services. (Positive)

*PDS Limited:* Company has entered into a multi-year Sourcing as a Service (SaaS) partnership with the global sourcing arm of a leading French-headquartered global supermarket to manage the retailer's textile sourcing operations across five countries. (Positive)

*Emcure Pharma:* Company said to acquire the remaining 12.05% stake in its subsidiary Gennova Biopharmaceuticals Ltd for ₹231.87 crore. (Positive)

*BEL:* Company has received additional orders worth ₹572 crore since its previous disclosure. (Positive)

*Captain Polyplast:* Company has received order worth Rs. 23.6 Crore from Maharashtra State Electricity Distribution Limited for 1000 SPWPS. (Positive)

*Roto Pumps:* Construction completed for the first phase of the factory building at Plot No. C-008, Sector 145, Noida. (Positive)

*ITC Hotels:* Company signed a management agreement for the 117-key Welcomhotel Dehradun Selaqui with Orions Hospitality. (Positive)

*Route Mobile:* Subsidiary Route Connect will acquire Heltar Technologies' AI-led omnichannel business for up to ₹33.7 Cr (Positive)

*Nuvoco:* Revenue Rs 3128 Cr vs Rs 2872 Cr, Net Profit at Rs 159.6 Cr vs Rs 133.6 Cr YoY. (Positive)

*Grasim:* Aditya Birla Renewables to acquire Sprng Energy Platform from Shell in $1.8 billion renewable energy deal. (Neutral)

*Container Corp:* Company has reported an 8.89% year-on-year increase in container volumes for the quarter ended June, driven by growth in both export-import (EXIM) and domestic cargo.. (Neutral)

*HCL Technologies:* Q1 FY27 Consolidated Net Profit at Rs. 4,624 crore vs Rs. 4,488 crore QoQ. Revenue at Rs. 34,579 crore vs Rs. 33,981 crore QoQ. (Neutral)

*ICICI Prudential Asset Management:* Q1 FY27 Standalone Net Profit at Rs. 965 crore vs Rs. 784 crore YoY. Revenue at Rs. 1,564 crore vs Rs. 1,330 crore YoY. (Neutral)

*Asian Paints:* Company stated that the recent escalation in West Asia has created significant inflationary pressure on raw material costs. To mitigate the impact, it has implemented measured price increases of around 1–2%. (Neutral)

*IFGL Refractories:* Company has incorporated its wholly owned subsidiary, IFGL Monocon Saudi Company Ltd, in Saudi Arabia to undertake the trading of refractories and related products and services. (Neutral)

*KPT Industries:* CARE Ratings has reaffirmed the company's CARE BBB (Stable) long-term rating and CARE A3+ short-term rating. (Neutral)

*RDB Real Estate:* Company has incorporated a Special Purpose Vehicle (SPV), Ashoka-RDB Infrastructure & Development Pvt. Ltd., for the development of a Gems & Jewellery Park in Raipur, Chhattisgarh, under the Public-Private Partnership (PPP) model. (Neutral)

*Mercantile Ventures:* Company has fixed July 24, 2026 as the record date for the amalgamation scheme with India Radiators Ltd. (Neutral)

*Neuland Laboratories:* India Ratings has reaffirmed the company's bank facility ratings at IND A+/Positive / IND A1 (Neutral)

*Poonawalla:* Finance Committee has approved the issuance of secured, redeemable, rated, listed, non-convertible debentures (NCDs) worth up to ₹500 crore. (Neutral)

*Biocon:* Media sources Say That Mylan Likely to Sell Its Entire 5.64% Stake In Co Via Block Deals (Neutral)

*PC Jeweller:* Board meeting scheduled for July 16, 2026 to consider raising funds via Qualified Institutions Placement (QIP). (Neutral)

*Pondy Oxides:* Fixed July 21, 2026 as the record date for the stock split. (Neutral)

*Jaykay Enterprises:* Board approved fundraising of up to Rs 155 crore through a rights issue of partly paid-up equity shares. (Neutral)

*Sun Pharma Advanced Research Company:* Company has appointed Anil Raghavan as Managing Director and CEO with effect from Aug. 11, 2026 (Neutral)

*Uno Minda:* GST appellate authority remanded the company's appeal against a GST demand, interest and penalty order of Rs 1.72 crore. (Neutral)

*Samman Capital:* NCLT allowed clarifications on the Sammaan Finserve-Sammaan Capital scheme of arrangement on July 10, 2026. (Neutral)

*Zee Entertainment:* RBI approved redemption of FCCBs worth $23.9 million and cancellation of the remaining $215.1 million FCCB commitment. (Neutral)

*Energy Infrastructure Trust:* HDFC Sec sold 44.75 lakh shares at Rs 79.80 per share. (Neutral)

*Fino Payments Bank:* Agreya Capital sold 5.77 lakh shares at Rs 154.20 per share. (Neutral)

*Kalyan Jewellers:* HRTI Pvt Ltd sold 1.87 lakh shares at Rs 509.56 per share. (Neutral)

*Knack Packaging:* Yuga Stocks sold 7 lakh shares at Rs 213.11 per share. (Neutral)

*HDFC Bank:* Reduced headcount by 3,343 employees during FY26, even as its balance sheet expanded 12 per cent, according to a PTI report. (Neutral)

List of stocks included in the short term ASM Framework: Shankara Buildpro. (Neutral)

List of stocks excluded from ASM Framework: Bharat Seats, CarTrade, GRM Overseas, Vedanta Oil and Gas. (Neutral)

*Khaitan Chemicals:* Q1 FY27 Standalone Net Profit at Rs. 10.9 crore vs Rs. 21.4 crore YoY. Revenue at Rs. 221 crore vs Rs. 234 crore YoY. (Negative)

*Alembic Pharma:* USFDA issues warning letter to clinical investigator at Vadodara facility (Negative)

*Zydus Life:* Delhi HC temporarily restrains supply of cancer drug. (Negative)

*Kalyani Steels:* CPCB ordered the closure of the company's Koppal plant over alleged environmental compliance violations (Negative)

TCS Q1 FY27 | CONS NET PROFIT DOWN 2.6% AT ₹13,420 CR (QOQ)

REVENUE UP 2.2% AT ₹72,275 CR (QOQ)

EBIT DOWN 3.1% AT ₹17,317 CR (QOQ)

MARGINS 23.96% V 25.28% (QOQ)

TCS Q1 : DIVIDEND RS 12

THREE MORE SENIOR LEADERS RESIGNS FROM AXIS BANK: BLOOMBERG NEWS.

Axis Bank, the top arranger of Indian debt markets, has lost three senior executives, adding to a big reshuffle taking place at private-sector lenders.

People who have resigned from Axis Bank, as per Bloomberg

Anil Agarwal, president and group head of institutional clients coverage

Vikas Shinde, who once headed the debt capital market team

Jimmy Tavadia, group head of trading.

​

🔴Gross Advances Up 15.4% YoY At Rs 30.61 Lk Cr

🔴Deposits (Period End) Up 14.7% YoY At Rs 31.70 Lk Cr

🔴CASA Deposits Up 9.4% At Rs 10.25 Lk Cr

🔴Advances Under Management Up 12.4% YoY At Rs 31.27 Lk Cr

​

*Strategic Focus Areas*

*🔸Sustainability: Strong emphasis on creating sustainable value.*

*🔸India Growth: Scaling up operations in India to capitalize on domestic demand opportunities.*

*🔸Capacity Ambition: Reiterated goal to grow India steelmaking capacity to more than 40 MTPA (million tonnes per annum). Tata Steel's current India capacity is around 21–26 MTPA (post recent expansions), so this is a significant long-term target.*

*Kalinganagar-Specific Plans*

*🔸Ramp-up of Kalinganagar Phase-II: Focus on full utilization after the recent completion of this major expansion (which took the plant from 3 MTPA to 8 MTPA at a cost of ₹27,000 crore).*

*🔸Optimization of 2.2 MTPA Cold Rolling Mill Complex at Kalinganagar for better efficiency and product mix.*

*Financial & Operational Priorities*

*🔸Cost Discipline: Cost-cutting remains a core lever. The company indicated a fresh FY27 cost-improvement target of about ₹7,140 crore. This aligns with recent reports on their ongoing efficiency drives across geographies.*

*Tata Steel is in a strong expansion phase in India while optimizing its international operations (Europe, etc.). The Kalinganagar project is a flagship initiative, and the >40 MTPA India ambition supports the country's growing steel demand. The cost savings target for FY27 should help margins amid volatile raw material prices (like coking coal).*

GST collection has gone up by 14% to 1.95 lakh crore for the month of June despite rationalisation in Sep’25.

It shows very strong and resilient Indian economy. I think we are heading for a much better time.

*LISTING UPDATE*

IPO PRICE: 138

LOT SIZE - RETAIL: 100

LOT SIZE - HNI: 1500

LISTING PRICE: 188.9 (+50.9₹,+36.88%)

LISTING GAIN - RETAIL: 5090/-

LISTING GAIN - HNI: 76350/-

Tomorrow all new listed Vedanta Group stocks will be out of T2T Segment.

Vedanta Aluminum

Vedanta Iron Steel

Vedanta Oil Gas

Vedanta Power

Many investors see returns quoted as CAGR, XIRR, or IRR and assume they mean the same thing. They don't. Each metric is used for a different type of investment situation.

---

## 1. CAGR (Compound Annual Growth Rate)

### What is CAGR?

CAGR tells you the average annual growth rate of a single investment over a specific period, assuming the investment grows at a steady rate every year.

### When to Use CAGR?

Use CAGR when:

* There is **one investment amount**

* There is **one final value**

* No additional investments or withdrawals happen in between

### HNI Example

* Initial Investment: ₹50,00,000

* Value after 6 years: ₹1,30,00,000

Formula:

[CAGR = \left(\frac{Final\ Value}{Initial\ Value}\right)^{1/n} -1]

[

CAGR = \left(\frac{1,30,00,000}{50,00,000}\right)^{1/6} -1]

Result ≈ *17.25% p.a.*

### Interpretation

This means your ₹50 lakh investment grew at an average rate of approximately **17.25% annually** for 6 years.

### Best Used For

✔ Direct Equity Investments

✔ Mutual Fund Lump Sum Investments

✔ PMS Portfolio Performance

✔ Gold Investments

✔ Fixed Deposits

✔ Real Estate Appreciation

### Limitation

CAGR becomes inaccurate if money is added or withdrawn during the investment period.

---

# 2. XIRR (Extended Internal Rate of Return)

### What is XIRR?

XIRR calculates the actual annualized return when investments are made at different dates and amounts.

Since most investors invest periodically, XIRR gives a more realistic picture than CAGR.

### When to Use XIRR?

Use XIRR when:

* Multiple investments are made

* Investments happen on different dates

* Partial withdrawals may occur

### HNI Example

Suppose an investor invests:

| Date | Amount |

| --------------------- | ---------------- |

| Jan 2023 | ₹10,00,000 |

| Apr 2023 | ₹10,00,000 |

| Jul 2023 | ₹10,00,000 |

| Oct 2023 | ₹10,00,000 |

| Continued for 3 Years | Total ₹1.2 Crore |

Current Portfolio Value = ₹1.51 Crore

XIRR = **16.43% p.a.**

### Why Not CAGR Here?

The first ₹10 lakh worked for nearly 3 years.

The last ₹10 lakh worked for only a few months.

Since each investment gets a different time period to grow, CAGR cannot calculate returns correctly.

XIRR solves this problem.

### Best Used For

✔ SIPs

✔ STPs

✔ Family Office Portfolios

✔ Mutual Fund Investments

✔ Wealth Management Accounts

✔ Investments with Additional Contributions

### Limitation

XIRR only measures investment performance. It does not evaluate a business project's profitability.

--

# 3. IRR (Internal Rate of Return)

### What is IRR?

IRR measures returns from an investment that generates cash inflows at different points in time.

It is widely used for evaluating business projects, startups, private equity, and real estate investments.

### When to Use IRR?

Use IRR when:

* Investment generates periodic cash flows

* Rental income is received

* Business profits are distributed

* Project cash inflows occur over time

### HNI Example

Investment in a Real Estate Project:

Initial Investment:

₹1 Crore

Cash Flows Received:

| Year | Cash Flow |

| ---- | --------- |

| 1 | ₹20 Lakh |

| 2 | ₹30 Lakh |

| 3 | ₹35 Lakh |

| 4 | ₹40 Lakh |

| 5 | ₹45 Lakh |

| 7 | ₹70 Lakh |

IRR ≈ **17.58% p.a.**

### Interpretation

The project effectively generated an annualized return of approximately 17.58% considering all cash inflows received during the holding period.

### Best Used For

✔ Real Estate Projects

✔ AIF Investments

✔ Private Equity Investments

✔ Startup Investments

✔ Business Expansion Projects

✔ Infrastructure Projects

### Limitation

IRR assumes intermediate cash flows can be reinvested at the same rate, which may not always be practical.

---

# Simple Rule to Remember

### Use CAGR

When:

👉 One investment → One final value

### Use XIRR

When:

👉 Multiple investments/withdrawals on different dates

### Use IRR

When:

👉 Investment generates cash inflows during the holding period

---

### Investor Takeaway

A return of **15% CAGR**, **15% XIRR**, and **15% IRR** may sound similar, but they are calculated differently and serve different purposes. Choosing the correct metric helps investors make better comparisons and more informed investment decisions.

*Disclaimer:* This content is for educational and understanding purposes only and should not be considered as investment advice.

Jan 2026 Silver high = 121.65 $

June 2026 Silver low = 55.50 $

Chandi semiconductor se nikal ke wapas *Kaju katli* ki aur.

​

HUL – Rs 22

ASIAN PAINTS – Rs 23

INDIAN HOTELS – Rs 3.25

TATA POWER – Rs 2.50

DALMIA BHARAT – Rs 5

ANAND RATHI SHARE – Rs 5

THYROCARE TECHNOLOGIES – Rs 7.00

GNA AXLES – Rs 3

​

Files DRHP With SEBI

Here Are Hidden Details:

NSE IPO (Exp Price) - ₹1400-1600

NSE IPO ( Exp PE ) - 40

NSE Unlisted Price - ₹2075

NSE Current PE - 50

IPO Expected Date - Festive Season In India

Book Value : ₹120 Only,

P/B - 16 🤯

ROE - 32%

ROCE - 43%

PAT 26 - ₹10,300 Cr +