3d business graph shows financial growth
ensex Today, Nifty 50 | Stock Market Live Updates: Indian equity markets remained under pressure on Wednesday, weighed down by higher crude oil prices, weak global cues and persistent geopolitical uncertainty.
Sensex dropped 187.90 points or 0.24% to close at 77,966.35, while the Nifty 50 ended at 24,435.95, down by 35.75 points or 0.15%
Tata Group stocks declined as much as 4% following reports of Tata Sons Chairman N. Chandrasekaran’s resignation, triggering selling across listed group companies. TCS led the losses, falling 4.1%, while Tata Motors PV declined 2.8%. Chandrasekaran will complete his current term, according to the report.
Track today’s Q1 results live here
Domestic indicators, however, remained supportive. Net direct tax collections rose 23.09% to over ₹8.11 lakh crore through August 10. Fitch Ratings also affirmed India’s sovereign rating at BBB- with a Stable Outlook, citing public capital expenditure, recovering private investment and favourable demographics.
Overnight, Wall Street closed lower, while Asian markets remained mixed. Continued uncertainty over US-Iran negotiations and the reopening of the Strait of Hormuz could keep investor risk appetite subdued. Elevated energy prices remain a key concern for India amid its heavy dependence on crude oil imports.
Follow our stock market live updates here | Q1 LIVE UPDATES | IPO NEWS TODAY | Stay tuned for more from businessline
- August 12, 2026 16:19
Retail inflation rises to 4.45% in July
Retail inflation rises to 4.45% in July
Retail Inflation based on Consumer Price Index (CPI) rose to 4.45 per cent as against 4.38 per cent of June, Statistics Ministry reported on Wednesday.
- August 12, 2026 16:19
Mobavenue AI Tech Limited announces Q1 FY2027 results
Mobavenue AI Tech Limited has announced its Q1 FY2027 results, reporting strong growth across revenue, EBITDA and profit, alongside key milestones in its AI-led transformation and international expansion.
Q1 FY2027 Highlights:
Revenue at ₹728 million, up 57.0% YoY and 16.3% QoQ
EBITDA at ₹154 million, up 76.5% YoY, with margin improving to 21.2%
PAT at ₹117 million, up 94.3% YoY, with margin expanding to 16%
14.16 million consumer outcomes delivered, up 57.3% YoY
Revenue Per Outcome increased 11% to ₹49.94
Launched the Mobavenue Neural Engine, marking a key step in the company’s transition towards an AI-native platform
Launched PiiX (πX), an AI-powered platform for Apple Ads
Expanded its global footprint with new offices in the United States and Singapore
- August 12, 2026 16:01
Tata Motors reports standalone PAT of ₹1,528 crore in Q1 FY27 as against ₹2,406 crore in March 2026 quarter and ₹1,411 crore in Q1 FY26
On consolidated basis, PAT jumped 82.9% y-o-y to Rs 2,556 crore in Q1FY27 from Rs 1,397 crore in Q1FY26.
- August 12, 2026 16:00
MCX and NISM sign MoU to establish Centre for Commodity Markets
Multi Commodity Exchange of India Ltd. (MCX) and the National Institute of Securities Markets (NISM) have signed a Memorandum of Understanding (MoU) at the Global Commodity Conclave 2026 to establish the MCX-NISM Centre for Commodity Markets, a dedicated platform focused on strengthening professional capability, research and responsible participation in India’s commodity markets.
Housed at NISM, it will combine MCX’s industry and market expertise with NISM’s academic infrastructure and research capabilities. As India’s commodity markets become more sophisticated and globally integrated, the initiative fulfils a need for specialised skills, research, and market awareness.
The core focus areas include capacity building and professional development, applied research, investor awareness, and academic engagement. Its programmes will be helpful for market participants, corporates, investors and the wider academic community. It will emphasise practical knowledge and informed participation.
The key objective is to sharpen the understanding of commodity derivatives and their role in managing market risks. The training programmes will cover multiple issues, including hedging, corporate risk management, ethical conduct, suitability, compliance and good market practices.
It will also conduct research and draft policy and white papers. A slew of faculty development programmes, doctoral fellowships, visiting scholar initiatives, and academic symposia will help build a sustained talent pipeline.
MCX will contribute its domain expertise and aid in content development, instructional design and assessment development, helping break down market knowledge into structured learning programmes with clear outcomes.
Mr. Sashi Krishnan, Director, National Institute of Securities Markets (NISM) said, “The development of commodity markets rests on research that is rigorous, current, and grounded in the realities of the Indian market as well as on a steady supply of well-trained professionals. NISM’s mandate is centred on capacity building for the securities markets. As commodity trading grows more intricate, with new products, wider market linkages, and a regulatory framework that continues to evolve, the case for dedicated research only grows stronger. NISM-MCX Centre for Commodity Markets is a direct expression of that commitment, built to strengthen the knowledge base on which this market depends. NISM welcomes the Multi Commodity Exchange of India as a partner in this initiative and looks forward to the depth its market expertise will bring to our research and capacity building. Through focused research, considered policy analysis, and structured training, the Centre will help regulators, market participants, and professionals engage with India’s commodity markets with greater clarity and confidence.”
- August 12, 2026 15:56
Sensex settles 187.90 pts or 0.24% lower at 77,966.35, and Nifty 50 dips 35.75 pts or 0.15% to 24,435.95
- August 12, 2026 15:47
TARC Limited announces financial results for the quarter ended June 30, 2026
Q1 FY2027 marked a strong start to the year for the Company, driven by revenue recognition from TARC Tripundra, robust sales momentum and strong business cash flows, while continued progress across ongoing developments and the upcoming luxury development pipeline strengthens the foundation for long-term growth.
Financial Highlights (Consolidated Basis)
· Total Income for Q1FY2027 stood at ₹218.71 crore, reflecting continued revenue recognition from TARC Tripundra
· EBITDA for Q1FY2027 stood at ₹41.76 crore, marking a significant improvement from ₹1.05 crore in Q4 FY2026
· Company reported profit after tax for Q1FY2027 of ₹22.64 crore, representing a strong QoQ recovery from ₹1.61 crore in Q4 FY2026
Operational Highlights
Quarterly presales stood at ₹602 crore, registering a strong 3x year-on-year growth. Collections stood at ₹305 crore, up 80% year-on-year, supported by healthy customer conversions and strong collection efficiency, resulting in robust cash flow visibility.
New inventory at TARC Kailasa and the launch of Ishvara at TARC Ishva received a strong response from discerning customers, underscoring sustained demand for the Company’s differentiated luxury offerings and validating its focus on distinctive design, curated amenities and elevated living experiences.
Construction continues to progress across the Company’s ongoing developments, with key milestones being achieved across projects. In parallel, the Company is advancing its next generation of luxury and ultra-luxury developments, with design and planning progressing in line with its launch roadmap.
Commenting on FY2026 Performance, Mr. Amar Sarin, Managing Director & CEO, TARC Limited, said:
“The revenue recognition from TARC Tripundra, coupled with strong cashflows during the quarter, strengthens the Company’s earnings profile and enhances visibility on its financial performance. FY2026 Consolidated revenue stood at ₹218.7 crore, with PAT of ₹22.64 crore, reflecting the growing contribution from our development portfolio and the strength of our underlying business model.
As part of our continued commitment to strengthening corporate governance and enhancing the robustness of our financial reporting processes, we have appointed Singhi & Co., among India’s Top 10 audit firms, as the Company’s Statutory Auditor. The appointment further reinforces our focus on transparency, financial discipline and adherence to the highest standards of governance, while supporting the Company’s growth and evolving scale of operations.
The luxury housing segment is undergoing a meaningful evolution, with discerning buyers increasingly seeking residences that combine architectural distinction, thoughtful design and a differentiated lifestyle experience. This shift presents a clear opportunity for developers with the ability to curate high-quality products in established locations and execute them with consistency.
- August 12, 2026 15:39
Power struggle deepens in Tata group as Chandra, other Ratan Tata allies step away
Power struggle deepens in Tata group as Chandra, other Ratan Tata allies step away
The power struggle at the top of the Tata Group following the death of former chairman Ratan Tata in 2024 has triggered a series of departures by senior figures closely associated with him, reshaping the balance of influence at India's largest business conglomerate.
- August 12, 2026 15:31
UpTik records ₹10 crore+ in investments in July, AUM nears ₹20 crore
UpTik, the invoice financing investment platform by Growwcap Fintech Private Limited, has grown its Assets Under Management (AUM) to nearly ₹20 crore, almost doubling from ₹10 crore at the close of FY26. The milestone comes after the platform recorded over ₹10 crore in investments from retail investors during July, while also witnessing its highest-ever app downloads and largest addition of new investors since launch.
Designed to make invoice-backed investing simple and accessible, UpTik connects investors with investment opportunities backed by approved business invoices while enabling enterprises, particularly MSMEs, to access faster working capital. The platform has built a strong base of repeat investors through its focus on transparency, timely repayments and a seamless digital investment experience. With 5,000+ app downloads, UpTik continues to witness growing adoption among investors seeking technology-enabled investment opportunities. The platform is also seeing 30-40% month-on-month growth in investor participation, reflecting increasing engagement from its investor community.
Commenting on the milestone, Vinod Varma, CEO, UpTik, said:
“At UpTik, our vision has always been to make capital work more efficiently for both businesses and investors. As more MSMEs look for faster access to working capital and investors seek transparent, technology-led investment opportunities, we’re focused on building a platform that creates value for both sides. The encouraging growth in investor participation reinforces our belief that invoice-backed investing is gaining wider acceptance, and we remain committed to making the experience simpler, more accessible and seamless.”
The company attributes this momentum to its continued focus on technology, transparency and customer experience, with repeat investments and customer referrals contributing significantly to its growth. Going forward, UpTik aims to further strengthen its digital platform, expand its investor community and make invoice-backed investment opportunities accessible to a wider audience.
- August 12, 2026 15:30
EID Parry consolidated Q1 net down 42% on higher costs
EID Parry consolidated Q1 net down 42% on higher costs
EID Parry reports a 42% drop in Q1 net profit due to rising costs, despite a 3% revenue increase.
- August 12, 2026 15:27
Groww adds over 70,000 active clients in July: NSE data
Groww adds over 70,000 active clients in July: NSE data
Groww surged by over 70,000 active clients in July, boosting its market share to 28.88% amidst industry-wide declines.
- August 12, 2026 15:20
Stock market live today: Top gainers and losers of Nifty 50
Top gainers of Nifty 50: Hindalco (+2.18%), SBI (+1.36%), Jio Financial (+0.81%), IndiGo (+0.49%), UltraTech (+0.47%)
Top losers: TCS (-4.36%), Max Health (-3.19%), Apollo Hospitals (-2.10%), Tata Steel (-1.73%)
- August 12, 2026 15:04
Market overview
Markets were off the day’s low at around 3 pm. Sensex traded 263.37 pts or 0.34% lower at 77,890.88, and Nifty 50 was down 97.50 pts or 0.40% to 24,374.20.
- August 12, 2026 15:03
Q1 results live: Eureka Forbes
Eureka Forbes reported 44% increase in standalone PAT of ₹55.43 crore in Q1FY27, as against ₹38.52 crore in Q1FY26.
Shares rose 3% to ₹464 on the NSE.
- August 12, 2026 15:01
Gokaldas Exports Q1 results: Profit rises 7%, revenue grows 21% on stronger India, Africa business
Gokaldas Exports Q1 results: profit rises 7%, revenue grows 21% on stronger India, Africa business
Textile manufacturer Gokaldas Exports reported a 7 per cent year-on-year (YoY) increase in profit after tax (PAT) to ₹44 crore for the first quarter of FY27, while total income rose 21 per cent to ₹1,180 crore.
- August 12, 2026 15:00
Q1 results live: Midwest
Midwest reported standalone PAT of ₹21.1 crore in Q1FY27 as against ₹14.11 crore in Q1FY26.
Shares were down 4% to ₹1,128.10 on the NSE.
- August 12, 2026 14:58
Omaxe shares traded at ₹81.43 on the NSE. The company's arm received RERA certificate for a project in Uttar Pradesh
- August 12, 2026 14:48
Q1 results live: Grasim Industries
Grasim Industries reported standalone PAT of ₹246.65 crore in Q1FY27 as against ₹118.18 crore loss in Q1FY26.
On consolidated basis, PAT increased 39% y-o-y to ₹3,846.28 crore in Q1FY27.
Shares traded at ₹3,282.8 on the NSE, down 1%.
- August 12, 2026 14:45
SBI uses AI to underwrite nearly ₹1 lakh crore in MSME loans in FY26
SBI uses AI to underwrite nearly ₹1 lakh crore in MSME loans in FY26
The country's largest lender, State Bank of India (SBI), used artificial intelligence to underwrite nearly ₹1 lakh crore in MSME loans of up to ₹5 crore each during 2025-26, a senior bank official said on Wednesday.
- August 12, 2026 14:43
Central Bank of India mobilises $250 million under FCNR (B) window: CEO Kalyan Kumar
Central Bank of India mobilises $250 mln under FCNR (B) window: CEO Kalyan Kumar
Central Bank of India raises $250 million under FCNR-B, surpassing July target, aiming for $400 million by September-end.
- August 12, 2026 14:25
Q1 results live: Mufin Green Finance
Mufin Green Finance reported a strong Q1 FY27 performance, with PBT rising 341% y-o-y to ₹18.63 crore, compared with ₹4.22 crore in Q1 FY26. PAT increased 345.8% y-o-y to ₹13.82 crore, while NII grew 64.3% y-o-y to ₹35.16 crore.
Operating expenses declined 17.2% y-o-y to ₹13.55 crore, while pre-provisioning operating profit more than doubled to ₹62.98 crore.
The company also reduced its cost of borrowing to 11.17% from 12.17% in Q4 FY26 and added Union Bank of India and Wint Wealth as new lenders.
Insurance Premium Financing continues to remain a key part of Mufin’s digital lending portfolio. The company is rated A– (Stable) by Acuité.
- August 12, 2026 14:19
Q1 results live: HAL
HAL reported standalone PAT of ₹1580.61 crore in Q1FY27 as against ₹4184.28 crore in March 2026 quarter and ₹1377.15 crore in Q1FY26.
Shares flat at ₹4928 on the NSE.
- August 12, 2026 14:17
Q1 results live: EID Parry India
EID Parry India reported consolidated PAT of ₹311.50 crore in Q1FY27 as against ₹464.46 crore in Q1FY26.
On standalone basis, Q1 loss stood at ₹89.29 crore.
Shares down 2% to ₹772.75 on the NSE.
- August 12, 2026 14:15
HPCL, MRPL seek up to six million barrels crude, documents show
HPCL, MRPL seek up to six million barrels crude, documents show
HPCL and MRPL seek combined six million barrels of crude oil through spot tenders for upcoming deliveries.
- August 12, 2026 14:14
Stanbic IBTC Bank advances Transaction Banking capabilities through FinnAxia 9.0 upgrade
Stanbic IBTC Bank advances Transaction Banking capabilities through Nucleus Software’s FinnAxia 9.0 upgrade.
Nucleus Software shares flat at ₹692 on the NSE.
- August 12, 2026 14:12
Q1 results live: K.P. Energy Limited
K.P. Energy Limited, a leading provider of Balance of Plant (BOP) solutions in the wind energy sector, announces its financial results for the quarter ended June 30, 2026 (Q1 FY27).
Q1 FY27 Financial Highlights (Consolidated)
Revenue from Operations stood at ₹519 crore, up 137% from ₹219 crore in Q1 FY26; Total Income came in at ₹521 crore, up 136% y-o-y.
EBITDA grew 25% y-o-y to ₹62 crore, compared to ₹50 crore in the corresponding quarter last year.
Profit After Tax rose to ₹26 crore, up 3% from ₹25 crore in Q1 FY26.
Cash Profit increased 10% y-o-y to ₹39 crore
Basic EPS stood at ₹3.85, compared to ₹3.81 in Q1 FY26
The Company’s total renewable energy portfolio stands at 3.73 GW, comprising 1.57 GW of installed capacity and 2.16 GW of projects currently in hand. Its Independent Power Producer (IPP) portfolio totals 250.5 MW, of which 48.5 MW is operational, while its Operations & Maintenance (O&M) portfolio, managed through wholly owned subsidiary KP Energy OMS Limited, spans 646 MW.
Commenting on the results, Dr. Faruk G. Patel, Chairman & Managing Director, KP Group, said, “With the country targeting 100 GW of installed wind capacity by 2030 against just 56 GW currently in place, and national wind potential estimated at over 1,164 GW, the runway ahead for K.P. Energy Limited is substantial.”
- August 12, 2026 14:10
Q1 results live: Meenakshi India Limited (MIL)
Meenakshi India Limited (MIL), a leading manufacturer and exporter of high-quality apparel, posted 152.84% rise in net profit on a standalone basis at ₹7.13 crore for the first quarter ended June 30, 2026, as against ₹2.82 crore same period last year.
Operating income on a standalone basis decreased slightly by 3.14% at ₹32.35 crore during the quarter under review as compared with ₹33.40 crore same period last year. Op. EBITDA turned positive at ₹1.10 crore, as against ₹(0.16) crore last year. The company, which was earlier listed on the Calcutta Stock Exchange, got listed on the BSE recently.
- August 12, 2026 14:08
Q1 results live: Laxmi Dental Limited
Laxmi Dental Limited, a leading integrated dental products company, announced its Audited Financial Results for the quarter ended June 30th, 2026.
The company’s Q1 FY27 PAT jumps 23.8% to ₹103.2 million as against ₹83.3 million in Q1 FY26. It reported revenue of ₹747 million in Q1 FY27 as compared to ₹656 million in Q1 FY26, marking an increase of 13.9% year-on-year.
EBITDA stood at ₹143.6 million in Q1 FY27 as compared to ₹119.1 million in Q1 FY26, reflecting a 20% growth year-on-year.
- August 12, 2026 14:06
Stock in focus: Gujarat Fluorochemicals
Gujarat Fluorochemicals reported 8.6% y-o-y increase in standalone PAT to ₹201 crore in Q1FY27 as against ₹185 crore in Q1FY26.
Shares surged 5% to ₹4625.20 on the NSE.
- August 12, 2026 14:04
Waaree Transpower Private Limited secures an order valued at approximately ₹160 crore
Waaree Transpower Private Limited, a subsidiary of Waaree Energies Ltd., has secured an order valued at approximately ₹160 crore from one of the world’s leading energy storage technology and solutions providers, for the supply of 8.3 MVA Medium Voltage (MV) Skids for Battery Energy Storage System (BESS) applications.
The order marks a significant milestone for Waaree Transpower’s growing global business and export operations, strengthening its position as a supplier of critical electrical infrastructure for the rapidly expanding energy storage market.
The 8.3 MVA MV Skid is an IEC-standard compliant, plug-and-play, containerised solution developed by Waaree Transpower specifically for BESS applications. The complete solution is integrated within a 20-foot container, enabling efficient transportation, installation and deployment across different project locations and international markets. Its shippable and stackable configuration also offers greater flexibility for large-scale BESS deployments.
Shipments under the order have commenced from July 2026.
The order comes at a time when Battery Energy Storage Systems are becoming increasingly important to support the integration of renewable energy into power grids, improve grid flexibility and enable reliable round-the-clock power.
- August 12, 2026 14:02
JSW Neo Energy has executed a Shareholders’ Agreement (“SHA”)
JSW Neo Energy, a wholly owned subsidiary of JSW Energy, has executed a Shareholders’ Agreement (“SHA”) with Druk Green Power Corporation Limited, a company wholly owned by the Royal Government of Bhutan, for the joint development of the 920 MW Punatsangchhu-III Hydroelectric Project (“Project”), located on the Punatsangchhu River, Wangdue Phodrang District, Kingdom of Bhutan, on a Build-Own-Operate-Transfer basis, through a special purpose joint venture company proposed to be incorporated in Bhutan, in which DGPC and JSWNEL shall hold 51% and 49% equity stake, respectively.
JSW Energy shares down 1.5% to Rs 554.30 on the NSE.
- August 12, 2026 13:49
Q1 results live: AIA Engineering
AIA Engineering reported standalone PAT of Rs 252.91 crore in Q1FY27 as against Rs 234.03 crore in Q1FY26.
Shares were down 3% to Rs 4645 on the NSE.
- August 12, 2026 13:48
Q1 results today: Caplin Point
Caplin Point reported 40% y-o-y in Q1FY27 standalone PAT at Rs 120.38 crore from Rs 85.89 crore in Q1FY26.
Board recommended a Final Dividend of Rs.4
Shares traded at Rs 2576.30 on the NSE.
- August 12, 2026 13:47
Race Eco Chain divested 2,10,000 equity shares, representing approximately 0.99 per cent of Prime Industries' share capital.
- August 12, 2026 13:47
Stock in focus: Mishra Dhatu Nigam / MIDHANI
Mishra Dhatu Nigam / MIDHANI reported consolidated PAT of Rs 16.46 crore in Q1FY27 as against Rs 77.89 crore in March 2026 quarter and Rs 12.96 crore in Q1FY26.
Shares were down 1.5% to Rs 421 on the NSE
- August 12, 2026 13:47
Stocks in focus: MAN Industries (India)
MAN Industries (India) traded 8.5% higher at Rs 606.90 on the NSE after hitting a 52-week high of Rs 638.70.
It had reported a consolidated net profit of Rs 61.43 crore for the quarter ended June 30, more than doubling from the year-ago period.
- August 12, 2026 13:46
Insecticides (India) traded flat at Rs 636.45 on the NSE following a 24.5 per cent drop in consolidated net profit to Rs 43.87 crore in Q1.
- August 12, 2026 13:46
Balrampur Chini Mills traded nearly 4% lower at Rs 605 on the NSE after a 14.40 per cent fall in its consolidated net profit to Rs 44.14 crore in Q1
- August 12, 2026 13:46
EPL shares surged over 3% to Rs 242.94 on the NSE, despite a marginal decline in consolidated net profit to Rs 100.6 crore in Q1FY27
- August 12, 2026 13:45
Nippon India Mutual Fund Launches Nippon India Income Plus Arbitrage Omni Fund
Nippon India Mutual Fund Launches Nippon India Income Plus Arbitrage Omni Fund of Fund
Combines domestic active and passive debt-oriented schemes with an arbitrage scheme through a single investment solution.
Potential Tax Efficiency: Investors holding the investment for more than 24 months may benefit from LTCG taxation at 12.5%, subject to applicable tax laws.
Fund Manager-led Selection: Investors can rely on the fund manager’s expertise for selecting and allocating across the underlying debt-oriented and arbitrage schemes.
Benchmarked against 60% CRISIL Short Term Bond Index + 40% Nifty 50 Arbitrage Index.
- August 12, 2026 13:44
Quote from Sundeep Mohindru, Founder & Promoter, M1xchange on New amendments to MSMEs bills by M1xchange
“The passage of the MSME Development (Amendment) Bill marks an important step towards strengthening the payment infrastructure for India’s MSMEs. The move to mandate TReDS for CPSEs can significantly improve payment predictability for small businesses, while giving them access to timely, collateral-free working capital against approved invoices. With TReDS already witnessing substantial growth in invoice discounting, bringing more transactions onto the platform can deepen adoption and make timely payments a more embedded part of the MSME ecosystem. The focus on faster dispute resolution and stronger recovery mechanisms further complements this by addressing delayed payments from both the financing and enforcement sides.”
- August 12, 2026 13:24
Shiprocket IPO booked 51% so far; Milky Mist nears 2x subscription
Milky Mist IPO GMP Day 2 Live: ₹1,553-cr IPO enters Day 2 with 79% subscription, Shiprocket IPO opens today, Dhoot IPO closes
Milky Mist IPO Day 2 live updates, Shiprocket IPO Day 1 Live Updates: Milky Mist IPO, Shiprocket IPO, Check issue details, GMP & subscription status The ₹1,553-crore initial public offering of packaged food company Milky Mist Dairy Food Ltd was subscribed 79 per cent on Day 1. The issue comprises a fresh issue of up to ₹1,428 crore and an Offer-for-Sale (OFS) of up to ₹125 crore. The ₹1,617.5-crore Shiprocket IPO opens today at a price band of ₹92-97 per share. Follow our stock market live updates here | Q1 LIVE UPDATES | IPO NEWS TODAY | Stay tuned for more from businessline
- August 12, 2026 13:13
Copper futures: At cross roads
Copper futures: At cross roads
Copper futures face crucial resistance between ₹1,390 and ₹1,400, with potential breakout or moderation ahead.
- August 12, 2026 12:50
Hi-Tech Pipes falls 5% as Q1 PAT dips to Rs 15.2 crore from Rs 16 crore y-o-y
Hi-Tech Pipes posted standalone PAT of Rs 15.16 crore in Q1FY27 as against Rs 16 crore in Q1FY26.
Shares were down over 5% to Rs 79.70 on the NSE.
- August 12, 2026 12:50
Patel Retail Q1 PAT rises to Rs 9.5 crore from Rs 6.9 crore y-o-y; shares flat at Rs 226.75
Patel Retail reported PAT of Rs 9.51 crore in Q1FY27 as against Rs 6.92 crore in Q1FY26.
Shares flat at Rs 226.75 on the NSE.
- August 12, 2026 12:49
Himadri Speciality Chemicals aims to expand Birla Tyres into a ₹3,000-crore business
Himadri Speciality Chemicals aims to expand Birla Tyres into a ₹3,000-crore business
Himadri Speciality Chemicals aims to grow Birla Tyres into a ₹3,000-crore business, focusing on EV and SUV tyres by FY28.
- August 12, 2026 12:48
SEBI sees no manipulation in stock closing auction: Chairman Tuhin Kanta Pandey
SEBI sees no manipulation in stock closing auction: Chairman Tuhin Kanta Pandey
SEBI chairman Tuhin Kanta Pandey confirms no manipulation in the new closing auction, enhancing market transparency and efficiency.
- August 12, 2026 12:39
Innovision swings to Rs 6.7 crore Q1 loss from Rs 12.7 crore profit y-o-y; shares at Rs 288.05 Insert
Innovision posted standalone net loss of Rs 6.7 crore in Q1FY27 as against Rs 12.7 crore profit in Q1FY26.
Shares traded at Rs 288.05 on the NSE.
- August 12, 2026 12:36
Marksans Pharma surges 11% as Q1 PAT rises 44% to Rs 69 crore
Marksans Pharma reported 43.6% increase in Q1FY27 PAT to Rs 69.03 crore in Q1FY27 as against Rs 48 crore in Q1FY26.
Shares jumped 11% to Rs 308.95 on the NSE.
- August 12, 2026 12:36
PI Industries falls 6% as Q1 PAT drops to Rs 341.5 crore from Rs 464.3 crore y-o-y
PI Industries traded over 6% lower at Rs 2556 on the NSE after reported standalone PAT of Rs 341.5 crore in Q1FY27 as against Rs 464.3 crore in Q1FY26.
- August 12, 2026 12:36
Nifty smallcap 100 top gainers, losers at noon trade
Top gainers of Nifty smallcap 100: Hindustan Copper (+5.86%), Force Motors (+5.81%), Data Patterns (+2.75%)
Top losers: Cohance (-3.38%), IFCI (-3.26%), Brigade (-2.98%)
- August 12, 2026 12:35
Nifty Midcap 100 top gainers, losers at noon trade
Top gainers of Nifty Midcap 100: National Aluminium (+7.54%), Vodafone Idea (+3.03%), Indian Bank (+1.82%), MCX (+1.73%)
Top losers: Fortis (-5.13%), PI Industries (-4.40%), Patanjali (-2.51%), Godrej Prop (-2.40%)
- August 12, 2026 12:34
Bata India up 2% as Q1 net profit rises 23% to Rs 63.98 crore
Bata India traded 2% positive at Rs 713.80 on the NSE at 12.13 pm, hitting a high of Rs 759.75.
It reported a 23 per cent on-year increase in consolidated net profit at Rs 63.98 crore in the June quarter
- August 12, 2026 12:14
Siemens hits 52-week high despite 18% drop in June quarter net profit; shares flat at Rs 4016
Siemens shares traded flat at Rs 4016 on the NSE at 12.11 pm, hitting a fresh 52-week high of Rs 4097.90.
It reported over 18 per cent decline in its net profit to Rs 343 crore in the June quarter.
- August 12, 2026 12:10
Nippon India MF launches Income Plus Arbitrage Omni Fund of Fund; NFO opens August 17
Nippon India Mutual Fund (NIMF) today announced the launch of the Nippon India Income Plus Arbitrage Omni Fund of Fund, an open-ended Fund of Fund scheme that invests in a mix of domestic Active and Passive Debt Mutual Fund schemes and an Arbitrage scheme, offering a diversified portfolio through a single investment. The scheme will be benchmarked against 60% CRISIL Short Term Bond Index + 40% Nifty 50 Arbitrage Index.
The fund is designed to offer investors a diversified investment approach through a combination of active and passive debt-oriented mutual fund schemes that seek to provide relatively better risk-adjusted returns, supported by lower volatility and enhanced tax efficiency. One of the key features of the fund is its potential tax efficiency for investors holding the investment for more than 24 months. As per the tax framework referenced in the scheme material, a Fund of Fund investing less than 65% in units of debt mutual fund schemes and debt and money market instruments may be eligible for long-term capital gains taxation at 12.5% after a holding period of more than 24 months, subject to applicable tax laws.
The New Fund Offer (NFO) will open on August 17, 2026 and close on August 31, 2026.
Fund Managers: Mr. Sushil Hari Prasad Budhia and Mr. Vikash Agarwal.
- August 12, 2026 12:09
Ampere upgrades Magnus G Max with smart features like cruise control, hill hold, and navigation; shares at Rs 193.25
Ampere, the E2W brand from Greaves Electric Mobility Limited, today announced a major technology upgrade for its best-selling – the Magnus G Max.
The upgrade introduces Cruise Control, Hill Hold, Turn-by-Turn Navigation, Find My Scooter and Ping My Scooter on the Magnus G Max, making it a smarter alternative to traditional petrol scooters.
Shares traded at Rs 193.25 on the NSE.
- August 12, 2026 12:08
Milky Mist ₹1,553-cr IPO subscribed 1.30x, Shiprocket IPO 36% booked at noon
Milky Mist IPO GMP Day 2 Live: ₹1,553-cr IPO enters Day 2 with 79% subscription, Shiprocket IPO opens today, Dhoot IPO closes
Milky Mist IPO Day 2 live updates, Shiprocket IPO Day 1 Live Updates: Milky Mist IPO, Shiprocket IPO, Check issue details, GMP & subscription status The ₹1,553-crore initial public offering of packaged food company Milky Mist Dairy Food Ltd was subscribed 79 per cent on Day 1. The issue comprises a fresh issue of up to ₹1,428 crore and an Offer-for-Sale (OFS) of up to ₹125 crore. The ₹1,617.5-crore Shiprocket IPO opens today at a price band of ₹92-97 per share. Follow our stock market live updates here | Q1 LIVE UPDATES | IPO NEWS TODAY | Stay tuned for more from businessline
- August 12, 2026 12:01
Tata Group stocks fall up to 5% after Tata Sons Chairman Chandrasekaran resigns
Tata Group stocks fall by 4% after report Tata Sons chairman has quit
Tata Group stocks drop 4% after Chairman N. Chandrasekaran's resignation, led by Tata Consultancy Services and Tata Motors losses.
- August 12, 2026 11:59
NBCC slips 3% even as Q1 PAT rises 32% to ₹150.65 crore; management expects ₹50,000–60,000 crore new orders in FY27
NBCC (India) shares traded 3 per cent lower at ₹91.15 on the NSE despite a 32 per cent y-o-y rise in standalone PAT to ₹150.65 crore in Q1FY27, compared with ₹114.08 crore in Q1FY26.
The management addressed concerns over delays in large-scale contracts, saying ₹50,000 crore to ₹60,000 crore of new orders are expected in FY27.
- August 12, 2026 11:55
Gold, silver retain bullish bias as Fed uncertainty and geopolitical risks support prices
Renisha Chainani, Chief Research officer at Augmont, writes - Gold and Silver Hold Bullish Bias Amid Fed Rate Ambiguity and Geopolitical Risk
· Demand and Supply – Gold and silver are carrying forward last week’s uptrend, helped by fewer bets on the Federal Reserve tightening policy next month, as investors wait for key U.S. inflation data that could reshape expectations around the Fed’s path.
· Geopolitical Tensions – The U.S. and Yemen’s Iran-backed Houthi rebels reported separate shipping attacks on Tuesday, while hopes of ending the Iran war seemed to fade further, as Tehran said the Strait of Hormuz would stay shut unless Washington agrees to its terms.
· Macro-Economic Signals – As investors wait for U.S. inflation data for clues on the Fed’s policy direction, a stronger reading could support a tighter stance and add more pressure on gold, while a softer number could bring some relief. Traders are currently pricing in a 50% chance of a hike in September, down from 60% before the jobs report.
Gold’s break above $4200. Gold is holding support at its uptrend line through August. Near-term support sits at $4350 (~₹153,500). Silver’s move past $63.
- August 12, 2026 11:45
Tata Group stocks fall by 4% after report Tata Sons chairman has quit
Tata Group stocks fall by 4% after report Tata Sons chairman has quit
Tata Group stocks drop 4% after Chairman N. Chandrasekaran's resignation, led by Tata Consultancy Services and Tata Motors losses.
- August 12, 2026 11:16
Magellanic Cloud’s IVIS bags ₹18.4 crore e-surveillance orders from NCR for PNB ATMs
Magellanic Cloud announced that its wholly owned subsidiary, IVIS International Private Limited (IVIS), has secured multiple Purchase Orders from NCR Corporation India Private Limited, comprising both Capex and Opex components, for providing E-Surveillance Solutions across Punjab National Bank (PNB) ATM sites. The Purchase Orders have an aggregate value of approximately ₹18.4 Crore over a period of 5 years.
- August 12, 2026 11:15
Bajel Projects wins over Rs 400 crore EPC orders; shares rise 2%
Bajel Projects has been awarded an Ultra Mega *EPC Orders worth over Rs 400 cr
Shares up 2% to Rs 192.89 on the NSE.
- August 12, 2026 11:15
Major Tata Group stocks in focus at around 11.11 am
TCS (-3.83%)
Tata Steel (-1.11%)
TMPV (-2.53%)
Tata Motors (+0.83%)
Tata Power (-1.16%)
TCP (-1.54%)
Tata Communications (-1.37%)
Trent (-0.42%)
Tata Elxsi (-1.21%)
- August 12, 2026 11:15
N Chandrasekaran steps down as Tata Sons Chairman, to serve out current term
Tata Sons Chairman N Chandrasekaran resigns, says report
Tata Sons' Chairman N. Chandrasekaran resigns but will fulfill his current term, according to a reliable source.
- August 12, 2026 11:13
N Chandrasekaran steps down as Tata Sons Chairman, to serve out current term
- August 12, 2026 11:07
Milky Mist IPO subscribed 1.11x, Shiprocket IPO 20% in first hour
Milky Mist IPO GMP Day 2 Live: ₹1,553-cr IPO enters Day 2 with 79% subscription, Shiprocket IPO opens today, Dhoot IPO closes
Milky Mist IPO Day 2 live updates, Shiprocket IPO Day 1 Live Updates: Milky Mist IPO, Shiprocket IPO, Check issue details, GMP & subscription status The ₹1,553-crore initial public offering of packaged food company Milky Mist Dairy Food Ltd was subscribed 79 per cent on Day 1. The issue comprises a fresh issue of up to ₹1,428 crore and an Offer-for-Sale (OFS) of up to ₹125 crore. The ₹1,617.5-crore Shiprocket IPO opens today at a price band of ₹92-97 per share. Follow our stock market live updates here | Q1 LIVE UPDATES | IPO NEWS TODAY | Stay tuned for more from businessline
- August 12, 2026 11:01
Milky Mist IPO fully subscribed on Day 2, retail portion booked 1.26 times
Milky Mist IPO fully subscribed on Day 2, retail portion booked 1.26 times
The IPO will close on August 13, with the price band fixed at ₹133-140 per share; The issue comprises a fresh issue of up to ₹1,428 crore and an offer-for-sale (OFS) of up to ₹125 crore
- August 12, 2026 11:01
KPI Green drops 2% as Q1 net profit slips 14% to Rs 95 crore
KPI Green shares declined over 2% to Rs 343.10 on the NSE after rising to Rs 352.75.
It reported a 14 per cent decline in its net profit to Rs 95 crore in the June quarter.
- August 12, 2026 10:59
RVNL shares were flat at Rs 228.55 on the NSE
It reported 22% increase in standalone PAT to Rs 155.62 crore in Q1FY27 from Rs 127.85 crore in Q1FY26.
Q1 Results 12th Aug Live: HAL, Grasim Ind, Tata Motors, Apollo Hospitals, GMR Airports, Lenskart, GIC, Abbott, AIA Engg, IRCTC, Sun TV, EID Parry, VA Tech, IRCON to announce Q1 results, NBCC (India), Siemens, RVNL, Kalpataru, MRF, Zydus Lifesciences, KPI Green, Manappuram Finance in focus, TD Power Systems, Finolex shares hit 52-week high
Q1 Results Today, 12th August 2026 Live Updates: Find all the latest Q1 results 2026 updates of 63 Moons Technologies, A2Z Infra Engineering, Aagam Capital, Akar Auto Industries, Aarvi Encon, Aastamangalam Finance, Abbott India, A B Cotspin India, ADC India Communications, Aeonx Digital Technology, Agarwal Fortune India, AIA Engineering, Aimco Pesticides, Alliance Integrated Metaliks, Ajcon Global Services, AK Capital Services, AksharChem India, Abhinav Leasing & Finance, Alphalogic Techsys, Ambalal Sarabhai Enterprises, AMD Industries, Andrew Yule & Company, Anirit Ventures, Anjani Synthetics, Ansal Buildwell, Anupam Finserv, Anjani Portland Cement, Apollo Hospitals Enterprise, Aravali Securities & Finance, Archit Organosys, ARCL Organics, Arman Financial Services, Aruna Hotels, Arvaya Healthcare, Arvind, Ashish Polyplast, Ashnoor Textile Mills, Ashoka Metcast, Asian Fertilizers, Asian Petroproducts & Exports, Avio Smart Market Stack, Aspira Pathlab & Diagnostics, Add-Shop ERetail, Astral, Atal Realtech, Atlantaa, Atlas Cycles (Haryana), ATN International, ATV Projects India, AuSom Enterprise, Autoriders International, Auto Pins (India), Automobile Products of India, Axita Cotton, Bacil Pharma, Indef Manufacturing, Shree Tirupati Balajee Agro Trading Company, Balkrishna Paper Mills, Bal Pharma, Balu Forge Industries, Bambino Agro Industries, Baroda Extrusion, Black Box, BCL Industries, Bedmutha Industries, Bengal Tea & Fabrics, Bervin Investment & Leasing, Bharat Textiles & Proofing Industries, Bimetal Bearings, Binny, BLB, Bliss GVS Pharma, B. L. Kashyap and Sons, Bluechip Tex Industries, BN Rathi Securities, B. P. Capital, BPL, Brijlaxmi Leasing & Finance, Brilliant Portfolios, BYLD Capital Finance, Caplin Point Laboratories, Capricorn Systems Global Solutions, Capital Trust, CDG Petchem, Centrum Capital, Chandrima Mercantiles, Chemiesynth (Vapi), Chemtech Industrial Valves, Chennai Ferrous Industries, Chartered Logistics, Cinevista, Citurgia Biochemicals, Corporate Merchant Bankers, Comfort Fincap, Comfort Intech, Coral India Finance & Housing, Coromandel Engineering Company, Career Point Edutech, Aditya Infotech, Cravatex, Crestchem, CSL Finance, Dynamic Archistructures, DCX Systems, Deccan Cements, Deep Polymers, Dhanashree Electronics, Delta Industrial Resources, Delta Manufacturing, Devine Impex, Dev Accelerator, Decillion Finance, Dhabriya Polywood, Dhanalaxmi Roto Spinners, D & H India, DHP India, Dhruv Consultancy Services, Diamant Infrastructure, Diana Tea Company, DIC India, Digidrive Distributors, Disa India, Dhunseri Tea & Industries, Ducon Infratechnologies, Duro Pack, Duroply Industries, Dutron Polymers, Dynavision, East West Freight Carriers, Easy Fincorp, EID Parry India, Eiko Lifesciences, Ekansh Concepts, Eldeco Housing & Industries, El Forge, EMA India, Emergent Industrial Solutions, Empower India, Emrock Corporation, EMS, Equippp Social Impact Technologies, Essar Shipping, Integra Essentia, Eureka Forbes, Euro Leder Fashion, Explicit Finance, Eyantra Ventures, Facor Alloys, Fiem Industries, Filmcity Media, Flomic Global Logistics, Gujarat Fluorochemicals, Federal-Mogul Goetze (India), Frontier Springs, Gandhi Special Tubes, Garware Marine Industries, GACM Technologies, GACM Technologies, Gayatri Projects, Gemstone Investments, G G Engineering, Gautam Gems, GIC Housing Finance, Gini Silk Mills, Gita Renewable Energy, GKB Ophthalmics, Guru Krupa Gems and Jewellery, Glittek Granites, Globe Civil Projects, GMR Airports, Gogia Capital Growth, Aion-Tech Solutions, Goodyear India, Gujarat Pipavav Port, Grand Oak Canyons Distillery, Grasim Industries, Greencrest Financial Services, GRM Overseas, GSB Finance, Gujarat State Fertilizers & Chemicals, GTN Industries, Gujarat Craft Industries, Gujjubhai Industries, Gujarat Petrosynthese, Hindustan Aeronautics, Haryana Financial Corporation, Hariom Pipe Industries, Sri Havisha Hospitality And Infrastructure, Hind Commerce, Hexagon Nutrition, H.G. Infra Engineering, Himatsingka Seide, Him Teknoforge, Hindustan Oil Exploration Company, Hindware Home Innovation, Hi-Tech Pipes, HCP Plastene Bulkpack, Hindprakash Industries, Hariyana Ship Breakers, Indo Count Industries, Indogulf Cropsciences, Insolation Energy, Inducto Steel, India Glycols, India Home Loan, Indian Hume Pipe Company, Indiqube Spaces, Indo Amines, Indo City Infotech, Indo Euro Indchem, Indo Us Bio-Tech, Indsil Hydro Power and Manganese, Indus Fila, Innovision, Innovassynth Technologies (India), Integra Capital, Interworld Digital, IRCON International, Indian Railway Catering and Tourism Corporation, Ironwood Education, ISL Consulting, J.A. Finance, Jagan Lamps, Jagjanani Textiles, Jagran Prakashan, Jayabharat Credit, Jhaveri Credits & Capital, Jindal Capital, JITF Infralogistics, JJ Finance Corporation, Joindre Capital Services, Jonjua Overseas, June Industries, Jyothy Labs, Kabra Drugs, Kajal Synthetics & Silk Mills, Kalyan Capitals, Kanchi Karpooram, Kandagiri Spinning Mills, Kanel Industries, Kay Power and Paper, KCP Sugar & Industries Corporation, Kenvi Jewels, Kerala Ayurveda, Khoobsurat, Kinetic Trust, Kiri Industries, Kirloskar Industries, KRN Heat Exchanger And Refrigeration, Kronox Lab Sciences, K&R Rail Engineering, Kesar Terminals & Infrastructure, Kuantum Papers, KZ Leasing & Finance, Lancer Container Lines, Lancor Holdings, Landsmill Green, La Opala RG, Laxmi India Finance, Lenskart Solutions, Libord Securities, Lokesh Machines, Landmark Property Development Company, Ludlow Jute & Specialities, Mach Travel Solutions, Machino Plastics, Maitri Enterprises, Meyer Apparel, Manaksia, Manbro Industries, Mangalam Drugs & Organics, Man Infraconstruction, Manraj Housing Finance, Marksans Pharma, Max Heights Infrastructure, McNally Bharat Engineering Company, Mega Corporation, Megamont, Megastar Foods, Mega Fin India, Melstar Information Technologies, Maestros Electronics & Telecommunications Systems, Mahalaxmi Fabric Mills, Mahasagar Travels, Mishra Dhatu Nigam, Mid India Industries, Midland Polymers, Midwest, Minaxi Textiles, Mindteck (India), Modern Malleables, Mohit Industries, Moneyboxx Finance, Motisons Jewellers, MPL Plastics, Mahanagar Telephone Nigam, Marg Techno Projects, Mukand, Mukat Pipes, Mukka Proteins, Mukta Arts, Munjal Auto Industries, Murudeshwar Ceramics, Nagreeka Capital & Infrastructure, Natural Capsules, Nath Industries, Natura Hue Chem, Navkar Urbanstructure, Nandan Denim, ND Metal Industries, National Fertilizers, NGL Fine Chem, NHC Foods, Nicco Uco Alliance Credit, Nimbus Projects, Nisus Finance Services Co, Nitco, N2N Technologies, Neogem India, National Oxygen, Norben Tea & Exports, National Peroxide, NPR Finance, Nurture Well Industries, Octal Credit Capital, Octavius Plantations, Olympic Cards, Omaxe, One Point One Solutions, Oricon Enterprises, Orient Technologies, Oscar Global, OTCO International, Palm Jewels, Panabyte Technologies, Panafic Industrials, Panama Petrochem, Panther Industrial Products, Parle Industries, Paramount Cosmetics India, Parmeshwari Silk Mills, Parvati Sweetners and Power, Pasari Spinning Mills, Pasupati Spinning & Weaving Mills, Patel Retail, Pee Cee Cosma Sope, PCS Technology, PEARL Polymers, Premier Energy and Infrastructure, Pennar Industries, Peninsula Land, Pervasive Commodities, Petronet LNG, Pharmaids Pharmaceuticals, Pioneer Investcorp, Paul Merchants, Polymechplast Machines, Porwal Auto Components, Prag Bosimi Synthetics, Precision Electronics, Premium Capital Market & Investments, Prime Capital Market, Prime Urban Development India, Prism Medico and Pharmacy, Priya, Pro Clb Global, Pro Fin Capital Services, Prostarm Info Systems, Punjab Communications, Purshottam Investofin, Raaj Medisafe India, Race Eco Chain, Radiant Cash Management Services, Rajputana Investment and Finance, Raj Rayon Industries, Rajasthan Petro Synthetics, Rama Vision, Ramsons Projects, Rapid Investments, Rathi Bars, Rathi Graphic Technologies, RCC Cements, Real Eco-Energy, Regent Enterprises, Religare Enterprises, Retaggio Industries, Rexnord Electronics & Controls, Richfield Financial Services, Real Growth Corporation, Rotographics (India), Rhetan TMT, Rico Auto Industries, Rishab Special Yarns, R K Swamy, RMC Switchgears, Rose Merc, Royal India Corporation, RRIL, RR Securities, Rajputana Stainless, Ruby Mills, Ruchira Papers, Sahara Housingfina Corporation, Shalibhadra Finance, Sahyadri Industries, Sainik Finance & Industries, Samtel India, Sanco Trans, Sansera Engineering, Sarthak Global, SBC Exports, Scoda Tubes, SecMark Consultancy, Schneider Electric President Systems, Shree Ganesh Remedies, Shah Metacorp, Shah Alloys, Shah Construction Company, Shalby, Shalimar Paints, Shalimar Productions, Sharika Enterprises, Sharma East India Hospitals & Medical Research, Narmada Gelatines, Shekhawati Industries, Shentracon Chemicals, Shivagrico Implements, Shivkamal Impex, Shradha AI Technologies, Shree Rajasthan Syntex, Shree Pushkar Chemicals & Fertilisers, Shreenath Investment Company, Shreyans Industries, Shri Dinesh Mills, Shringar House of Mangalsutra, Shri Niwas Leasing And Finance, Shriram Properties, Shristi Infrastructure Development Corporation, Shree Manufacturing Company, Shukra Pharmaceuticals, Shree Vatsaa Finance & Leasing, Sical Logistics, Signet Industries, Simbhaoli Sugars, Singer India, Sita Enterprises, Sizemasters Technology, SKF India, Shree Krishna Paper Mills & Industries, Sri Lakshmi Saraswathi Textiles Arni, Smart Finsec, Softtech Engineers, Somany Ceramics, Sonal Mercantile, Sonal Adhesives, SPL Industries, SPML Infra, SPV Global Trading, Sree Rayalaseema Hi-Strength Hypo, Shree Ram Twistex, Stallion India Fluorochemicals, Star Paper Mills, Standard Batteries, Standard Shoe Sole and Mould (India), Shreeji Translogistics, Stovec Industries, Sophia Traexpo, Sterling Green Woods, Subam Papers, Sudarshan Chemical Industries, Sudarshan Pharma Industries, Sun TV Network, Supra Pacific Financial Services, Surat Trade and Mercantile, Suryavanshi Spinning Mills, Svam Software, Swadeshi Industries & Leasing, Swati Projects, Switching Technologies Gunther, Symbiox Investment & Trading Company, TAI Industries, Tasty Bite Eatables, Tatia Global Vennture, Tecil Chemicals & Hydro Power, Telogica, Texmo Pipes and Products, Typhoon Financial Services, Tiaan Consumer, Tiger Logistics (India), Tirth Plastic, Tirupati Foam, Titagarh Rail Systems, Tata Motors, Tamil Nadu Newsprint & Papers, Tolins Tyres, Forbes Precision Tools and Machine Parts, Transglobe Foods, Trans Freight Containers, Triveni Enterprises, Tuni Textile Mills, Tusaldah, Tuticorin Alkali Chemicals And Fertilizers, Ultracab (India), Uniphos Enterprises, Universal Arts, Universus Photo Imagings, Universal Starch Chem Allied, Vadilal Industries, Valiant Communications, Valiant Organics, Variman Global Enterprises, Vascon Engineers, V B Industries, Veefin Solutions, Velan Hotels, Veritas (India), Vesuvius India, Veto Switchgears and Cables, Varvee Global, Viaan Industries, Victoria Mills, VIP Industries, Virgo Polymer India, VISA Chrome, Vantage Knowledge Academy, VK Global Industries, Virat Leasing, VMS Industries, Virtuoso Optoelectronics, Vraj Iron And Steel, VTM, VA Tech Wabag, Wallfort Financial Services, Wonder Electricals, Williamson Magor & Company, West Coast Paper Mills, XL Energy, Yatra Online, YOGI, The Yamuna Syndicate, Zenith Exports, Zenlabs Ethica, Jeet Machine Tools, Khandelwal Extractions, Nilkanth Engineering, Zodiac Clothing Company, Zodiac-JRD-MKJ, Saraswati Commercial India, Sarvamangal Mercantile Company, Satyam Silk Mills Follow our stock market live updates here | Stay tuned for more from businessline
- August 12, 2026 10:47
TD Power Systems stock rallies 19% after strong Q1 results
TD Power Systems stock rallies 19% after strong Q1 results
The company posted a 72% rise in consolidated net profit to ₹86.29 crore in the June quarter compared with the year-ago period
- August 12, 2026 10:46
Nifty Prediction Today – August 12, 2026: Nifty futures: Downswing to extend
Nifty Prediction Today – August 12, 2026: Nifty futures: Downswing to extend
Nifty 50 began today’s session flat at 24,472 versus Tuesday’s close of 24,471. It declined after opening and is now hovering around 24,360, down nearly 0.5 per cent.
- August 12, 2026 10:45
Milky Mist IPO fully subscribed
Milky Mist IPO GMP Day 2 Live: ₹1,553-cr IPO enters Day 2 with 79% subscription, Shiprocket IPO opens today, Dhoot IPO closes
Milky Mist IPO Day 2 live updates, Shiprocket IPO Day 1 Live Updates: Milky Mist IPO, Shiprocket IPO, Check issue details, GMP & subscription status The ₹1,553-crore initial public offering of packaged food company Milky Mist Dairy Food Ltd was subscribed 79 per cent on Day 1. The issue comprises a fresh issue of up to ₹1,428 crore and an Offer-for-Sale (OFS) of up to ₹125 crore. The ₹1,617.5-crore Shiprocket IPO opens today at a price band of ₹92-97 per share. Follow our stock market live updates here | Q1 LIVE UPDATES | IPO NEWS TODAY | Stay tuned for more from businessline
- August 12, 2026 10:45
Godrej Consumer hits record low as CEO Sudhir Sitapati steps down; Aasif Malbari named new MD & CEO
Godrej Consumer shares tanked to hit a fresh low of Rs 922.50 on the NSE, before trading at Rs 929.80 at 10.35 am after the company announced Sudhir Sitapati stepping down as MD and CEO.
The board had announced the appointment of Aasif Malbari, currently Global Chief Financial Officer and President of Godrej Africa, as Managing Director & Chief Executive Officer of GCPL, effective immediately.
- August 12, 2026 10:45
Nomura on KEC Int
Neutral, TP Rs 495
Lackluster 1Q marks a weak start to FY27
Order pipeline healthy at INR2tn but conversion will be a key monitorable
FY27E revenue growth guidance maintained at 12-15% with pickup likely from 3Q
Trades at 15x FY28F EPS
- August 12, 2026 10:44
Citi on Vodafone Idea
Target ₹17
Recommendation: Accumulate
Q1FY27: Operating Beat; Funding Overhang Eases; Capex Visibility Improves
Visibility on accelerated capex over the next few qtrs.
With funding constraints gradually easing, the key focus will now be on pace of network rollout and execution
- August 12, 2026 10:44
Kotak Securities on MRF
Target ₹125000
Recommendation: Sell
Commodity headwinds continue to weighs on margins
Uptick in crude oil and rubber prices will limit upside
Expect MRF’s growth trajectory to largely track industry growth
- August 12, 2026 10:44
Brokerages on Hospital Sector
Macquarie on Hospital Sector
Greater pricing oversight with support for capex intensive infrastructure
Committee’s conclusions are notably more interventionist than previous policy discussions
Report repeatedly highlights private healthcare as a major source of out-of-pocket expenditure and affordability concerns
Re-iterate underperform rating on Apollo Hospitals and Max Healthcare
Jefferies on Hospital
Parliamentary committee report on hospitals presents another buying opportunity
Proposals will now undergo consultations with hospitals and are likely to face push back
See limited earnings risk for hospital operators
Any sector-led correction should be viewed as a buying opportunity
- August 12, 2026 10:44
Jefferies on Finolex Cables
Target ₹1410 (Earlier Target ₹1200)
Recommendation: Accumulate
Q1 posted a strong beat
Electricals’ (C&W) sales and EBIT growth was driven by multiple price hikes in last 12-Months
Key margin swing was in Communication (mainly optical fibre cable prices+volumes)
See margin benefit of backward integration can accrue from Q3FY27
FMEG sustains positive EBIT
- August 12, 2026 10:44
Kotak Securities on Bandhan Bank
Target ₹235
Recommendation: Accumulate
Hosted Bandhan Bank management team recently
Credit cost might be a key driver of RoA improvement
Leadership team has taken a cautious stance to limit microfinance growth given near-term macro uncertainty
Investments toward building a sustainable franchise will continue
Maintaining a cautious stance amid macro uncertainties
- August 12, 2026 10:43
Jpmorgan on Amara Raja
Target ₹1070 (Earlier Target ₹985)
Recommendation: Neutral
Margin miss was led by higher brand promotion expenses, increased warranty provisioning, manufacturing upgrade expenses and elevated freight/fuel costs
Portion of these costs could continue in the near term and then gradually normalize
Think margins likely bottomed out in Q1
Believe investors will likely view the BESS commentary positively
Amara is set to commence operations of the 5GWh facility in Q3FY27
- August 12, 2026 10:43
Nomura on Amara Raja
Neutral, TP Rs 1048 from Rs942
Success of new energy business key for re-rating
1Q margins miss; lead acid margins to improve going forward but new business margins to be key monitorable
Expect margins to recover as lead-acid profitability improves, but higher capital allocation to Li-ion & other new-energy biz could keep overall ROE subdued given their lower
return profile
- August 12, 2026 10:43
Nomura on Lloyds Metals
Downgrade to N, TP Rs 1950 from Rs2050
Earnings visibility improves; valuation turns less compelling
1QFY27 results: Higher realizations and improved mix drive EBITDA beat
Non-ferrous adds meaningful medium-term optionality
Believe upside risks include faster commissioning of CHEMAF (unlisted) assets and favourable commodity prices
Stock currently trades at 10.7x one-year-forward EV/EBITDA.
- August 12, 2026 10:43
Brokrerages on Godrej Consumer
Morgan Stanley on Godrej Consumer
Target ₹1204
Recommendation: Equal-weight
Unexpected CEO change; downside to stock multiple
View CEO change announcement as a material negative for the stock
Stock had re-rated strongly during Sudhir Sitapati’s tenure
Market will await clarity on the new CEO appointment for India, as well as delivery from the new management
Do not see immediate downside to consensus numbers yet
Jpmorgan on Godrej Consumer
Target ₹1175
Recommendation: Overweight
Surprise CEO resignation casts uncertainty; CFO takes over as CEO
Uncertainty surrounding an unexpected CEO transition will weigh on the share price in the short term
Potential compression in valuation multiples until investors gain confidence in the new leadership team may occur
Though internal succession reduces the probability of execution disruption
- August 12, 2026 10:42
Brokerage Houses on GCPL
CLSA on GCPL
U-P, TP cut to Rs 772
Announced immediate resignation of its CEO, Mr. Sudhir Sitapati & appointed Aasif Malbari (previous CFO) as CEO with immediate effect.
Management indicated the strategic roadmap laid out at the May 2026 Investor Day remains intact, with the focus now squarely on improving execution and speed
Key challenge remains driving better outcomes in GCPL’s two largest categories: personal wash (where GCPL has negligible share in growth categories) and HI (where the new formulation has not yielded the expected results)
Cut target multiple from 37x to 32x
HSBC on GCPL
Downgrade to hold, TP cut to Rs 1120
Sudden departure of current MD and CEO, Sudhir Sitapati, despite an extension announced earlier till 2031
Aasif Malbari, the current Group CFO and CEO of Africa business, to take over helm now
Cut target PE multiple to 40x (from 45x) on execution uncertainty
CITI on GCPL
Buy, TP Rs 1350
Expect GCPL’s stock to react negatively in near-term following sudden resignation of Sudhir Sitapati as MD & CEO.
Management has moved quickly to ensure continuity by appointing former CFO Aasif Malbari as MD & CEO, reiterating FY27 guidance and emphasizing that strategic direction remains unchanged
Believe co ‘s repeated references to ‘candor’ and ‘pace’ likely point to a desire for greater transparency, sharper accountability, and faster execution
Commentary also suggests promoter expectations were higher in certain areas, particularly liquid vaporizers in India
While leadership change creates a near-term sentiment overhang, do not see evidence of a strategic reset.
Rather, focus appears to be on strengthening execution within the existing strategy
Will monitor leadership appointments (separate heads for India and international), improvement in LVs, and whether renewed emphasis on execution translates into stronger market share gains and earnings delivery.
Jefferies on GCPL
Buy, TP Rs 1400
current MD & CEO, Mr. Sudhir Sitapati, resigned with immediate effect in a surprising move
Board appointed Mr. Aasif Malbari, current CFO, as new MD & CEO and appointed Vishal Kedia as Interim CFO
Co held an investor call to address concerns surrounding resignation & discuss way forward, including new CEO’s strategic priorities, which summarise below
a) stronger execution;
b) agility in decision-making;
c) getting core categories (HI & soaps) back on a growth trajectory while doubling down on newer categories/businesses;
d) volume-led growth across regions; e) conversion of top-line growth into profit growth over time
- August 12, 2026 10:42
Brokerage Houses on MCX
JPM on MCX
Upgrade to Overweight from Neutral; Hike TP to Rs 3500 from Rs 2560
Increase target multiple to 45x (from 35x)
SEBI’s new consultation paper proposes to admit FPIs into non-agri commodity index derivatives &, more materially, into physically-settled non-agri contracts, deepest structural widening of the foreign investor base in Indian exchange traded commodity derivatives (ETCDs) since FPIs were first onboarded in 2022
Read this as a structural volume catalyst for MCX, with bullion as the primary beneficiary
Build incremental FPI flow into volumes, taking FY28/29E Futures ADTV up 9.1%/14.0% & FY28E/29E options ADPTV up 4.5%/10.0%.
Jefferies on MCX
Buy, TP Rs 3600
SEBI paper has two proposals allowing FPI participation in:
(1) non-ag index derivatives and
(2) non-cash/non-ag commodity F&O.
Currently, FPI participation in cash settled commodity F&O is 5-6%.
Similar participation in non-cash/non-ag contracts could add 3% to MCX’s PAT
Deepening of commodity index options (Bulldex/Metldex), which currently has no volumes could add 10% to PAT, should they become 10% of monthly equity ADTO in 3 yrs
Morgan Stanley on MCX
SEBI proposes FPI participation in non-cash settled non-agri commodity derivatives
Since FPIs cannot take delivery, it has proposed a T-3 square off or roll over of positions
Proposal also includes an extension of FPI participation to cash settled non-agri index contracts, whose underlying contracts are also non-cash settled
FPIs contributed to ~4% of total notional turnover in FY26 and ~2% in Q1FY27, per SEBI data
Share from FPIs is likely to be higher when based on cash-settled contracts notional turnover, where FPIs are currently allowed to participate
- August 12, 2026 10:41
Brokerage Houses on Zydus
Jefferies on Zydus
Buy, TP Rs 1370
Delivered an in-line Jun-26Q with continued growth momentum in India and international markets.
US grew 5% QoQ on the back of new launches.
Zydus reiterated its FY27 guidance of DD overall revenue growth, SD US growth and 24% EBITDA margin.
FTF launches, innovative portfolio and strong base to support growth beyond FY27
Cut FY27 EPS by 3% but increase FY28/29 EPS by 5-11% on stronger growth prospects.
HSBC on Zydus
Hold, TP Rs 1100
Healthy revenue growth in 1Q but missed EBITDA margins estimates on higher costs; Zydus retained FY27 guidance
Think new growth initiatives (e.g. branded products) will build up gradually; watch for execution and cost trends
FDA approval for saroglitazar magnesium will be the next key event
CLSA on Zydus
O-P, TP Rs 1310
1Q driven by healthy growth in all segments (ex-US).
Its margin (in line) was lower primarily due to higher opex from acquisitions.
It maintained its guidance of strong double-digit revenue growth in FY27 and margin of 24% due to product mix and higher costs related to new launches.
Zydus expects margins to improve with the ramp up of its branded portfolio
Raise estimates over FY27-29CL owing to the full impact of the Assertio acquisition and a slew of upcoming launches in the US
CITI on Zydus
Sell TP Raised to Rs 1040
EBITDA of Rs18.7bn was 5% ahead of estimates, supported by strong India growth (+19.5% YoY), while Mirabegron revenues remained resilient despite expectations of a decline due to competition.
Consolidated revenue grew 22% YoY, with acquisitions contributing 12%, implying underlying growth of 10% YoY
Reported EBITDA margin stood at 23%, while estimate the underlying margin excluding Mirabegron to be 20%
Management reiterated its FY27E guidance of double-digit revenue growth and ~24% EBITDA margin.
- August 12, 2026 10:41
US Dollar holds firm as markets await inflation data for Fed clues
US Dollar holds firm as markets await inflation data for Fed clues
Focus shifts to US inflation data due later on Wednesday for clues to the direction of US Fed’s interest rates, as last week’s softer-than-expected jobs report did little to dispel doubts.
- August 12, 2026 10:40
Ardee Industries shares trades at ₹69 level after nearly 40% premium listing
Ardee Industries shares trades at ₹69 level after nearly 40% premium listing
The non-institutional investors’ category was subscribed 255.24 times, while the Qualified Institutional Buyers (QIBs) segment was booked 197.77 times; the retail quota was subscribed 45.71 times
- August 12, 2026 10:40
Brokerage Houses on Siemens
CITI on Siemens
Neutral, TP Rs 3875
JuneQ26 orders were robust at Rs63bn, up 16.5%, primarily driven by smart infra segment (exposed to electrification, datacentre linked demand) & 14% ahead of our estimate
However, margins were weaker than expected due to greater than expected impact of commodity inflation and forex volatility, which had hurt previous quarter margins as well.
Revenue at Rs47bn grew 15%YoY & was in line; however recurring EBITDA at 3.9bn fell 24%YoY and was 17%/23% below Citi/Visible Alpha.
Recurring PAT at Rs3bn fell 28%YoY and was 19%/25% below Citie/VAe.
Reported PAT at Rs3.4bn fell 19%YoY.
Overall, Siemens’ JuneQ results were similar to peer ABB India, where orders were ahead, but profitability weak
Nomura on Siemens
Neutral, TP Rs 3757
Big miss on operating performance; OI robust
Cut EPS by 4-8% due to margin headwinds
Estimate 20% TTMFY26-FY29F PAT CAGR
Adj. EBITDA missed est. led by soft margins due to FX & commodity headwinds
Management sees strong demand outlook across segments
Trading at 66x FY28F EPS
Jpmorgan on Siemens
Target ₹3334
Recommendation: Underweight
Margin Pain Offset By Decent Order Inflows
Demand conditions were good in 1QFY27 as shown by healthy order inflows
Sequential improvement in Digital Industries EBIT margin was positive
Continuing EBITDA margin compression is a key negative from the results
Kotak Inst Eqt on Siemens
Sell, TP Rs 3150
Reported a sharp 18% miss in 1QFY27 EBITDA adjusted for one-off support, down 25% yoy
Execution was steady overall although weak in segments with strong ordering in recent quarters
Gross margin improvement qoq matters less, as related hedging losses are likely reflected in higher other expenses.
Solid order inflows at 1.3X sales appear more broad-based across businesses vs that for its key peer, partly reflective of portfolio mix of Siemens India
Cut estimates by 5%/1%/0% for FY2027/28/29
- August 12, 2026 10:39
Ola Electric gets revised ACC PLI timelines, unlocks ₹7,240 crore incentives
Ola Electric said the Ministry of Heavy Industries has approved revised timelines under the ACC Production Linked Incentive Scheme for its wholly owned subsidiary Ola Cell Technologies. The approval provides a five-year PLI window through 2031 for its 20 GWh allocation, potentially unlocking ₹7,240 crore in cumulative incentives. The company currently has 2.5 GWh of installed cell capacity, with another 3.5 GWh under installation, taking total capacity to 6 GWh by the end of the current quarter.
- August 12, 2026 10:37
Krystal Integrated Services acquires Citelum India, targets ₹350 crore revenue from new vertical
Krystal Integrated Services has acquired a 100% stake in Citelum India from its shareholders, including France-based Citelum S.A.S., making it a wholly owned subsidiary. The acquisition marks Krystal’s entry into city lighting and urban infrastructure services. The company targets annual revenue of ₹300–350 crore from the vertical within 3–4 years, with an investment of about ₹100 crore. It plans operations across 30–40 cities in 12–15 states, targeting 12–15% of consolidated revenue.
- August 12, 2026 10:36
Kalyani Forge Q1 FY27 profit surges 218%; EBITDA margin expands to 16.2%
Kalyani Forge reported a 218% year-on-year surge in Q1 FY27 PAT to ₹4.48 crore, compared with ₹1.41 crore a year earlier. Total income rose to ₹67.07 crore from ₹64.53 crore. EBITDA margin expanded 640 basis points to 16.2%, while ROCE improved to 22%, crossing the company’s 20% target for the first time. PBT more than tripled to ₹6.15 crore, while basic and diluted EPS stood at ₹12.31.
- August 12, 2026 10:34
Brokerages on Manappuram Fin
Jefferies on Manappuram Fin
Buy, TP Raised to Rs 430
Q1 PAT of Rs5.8bn (Rs 1.3bn 1QFY26) was 15% above JEFe led by better NII & lower provision.
Consol AUM grew 9% QoQ (+57% YoY) with gold AUM up 12% QoQ.
Healthy customer additions & branch expansions should drive 19% growth in consol.
AUM in FY27e.
NIMs improved from 4Q lows and should stabilize while credit cost should moderate in FY27e
Lift FY27-28e EPS by 8-13% & see sharp profit growth (off low base) and ROE improvement over FY26-28e
CLSA on Manappuram Fin
Hold, TP Rs 350
1Q standalone PAT beat estimate by 3% driven by in-line NII and lower Opex and credit costs
Quarter was a trend reversal from what we have seen the past 3-4 quarters where growth came at the cost of margins.
In 1QFY27, MGFL was able to grow its gold loan book 12% QoQ and also improved loan yields 60bps to 17.7%.
Gold loan growth was driven roughly half by tonnage and half by higher loan-to-value (LTV).
Given an LTV of 66%, we do not see much further scope for it to increase.
Hence, gold loan growth hereon will be largely tonnage-driven as gold prices have been flattish.
In microfinance business, loan growth resumed, but profitability remains low.
In vehicle finance, the book continues to run down while the GNPL ratio remains elevated
MS on Manappuram Fin
EW, TP raised to Rs 360
Strong gold loan delivery and guidance along with NIM
expansion; it aspires to 18% consolidated ROE in 3 years
Raise EPS estimates 14-15%
Think optimism is in price at 1.6x F28e P/BV
- August 12, 2026 10:32
Vibhor Steel Tubes Q1 revenue rises 27% on Odisha plant boost
Vibhor Steel Tubes Ltd reported a 27.16% rise in standalone operating revenue to ₹293.69 crore in Q1 FY27, aided by higher sales of value-added products from its Odisha plant. Net profit declined 39% to ₹1.93 crore, while EBITDA rose 21% to ₹12.37 crore. The company has also incorporated wholly owned subsidiary Viyom Steel Infra Pvt Ltd to manufacture transmission towers, monopoles, crash barriers, octagonal poles and high-mast poles for infrastructure applications.
- August 12, 2026 10:23
Finolex Cables shares jump 14% to 52-week high, Jefferies lift target to ₹1,410
Finolex Cables shares jump 14% to 52-week high, Jefferies lift target to ₹1,410, maintains accumulate
Finolex Cables reported a 59.4% y-o-y increase in standalone profit after tax to ₹221.28 crore in Q1FY27, compared with ₹138.82 crore in Q1FY26
- August 12, 2026 10:21
Godrej Consumer hits 3-year low as sudden CEO exit sparks leadership concerns
Godrej Consumer hits 3-year low as sudden CEO exit sparks leadership concerns
Godrej Consumer shares plummet to three-year lows after CEO Sudhir Sitapati's unexpected resignation raises leadership concerns.
- August 12, 2026 10:14
Manappuram Finance shares erase gains despite Q1 profit rise
Manappuram Finance shares erase gains despite Q1 profit rise
Manappuram Finance shares erased their early gains despite a 41 per cent year-on-year (y-o-y) jump in first-quarter standalone net profit to ₹552 crore.
- August 12, 2026 10:09
L&T shares flat after data centre, cloud biz transfer to Vyoma.AI for Rs 1,400 crore
Larsen & Toubro (L&T) shares flat at Rs 3,999 ont he NSE after it had agreed to transfer its data centre and cloud services business to its wholly owned subsidiary, Vyoma.AI Ltd, for Rs 1,400 crore.
- August 12, 2026 10:06
Around 10.05 am, Sensex dragged 325.25 pts or 0.42% to 77,829, and Nifty 50 fell 106.85 pts or 0.44% to 24,364.85.
- August 12, 2026 10:06
Gold rebounds towards 10-week high as markets brace for US CPI data
Gold rebounds towards 10-week high as markets brace for US CPI data
Spot gold gained 0.9% to $4,406.34 per ounce by 0330 GMT. U.S. gold futures for December delivery rose 0.6% to $4,466.70
- August 12, 2026 10:05
Rupee falls 6 paise to 95.42 against US dollar in early trade
The rupee fell 6 paise to 95.42 against the US dollar in early trade on Wednesday, weighed down by the sharp rise in Brent crude toward USD 90/bbl, as hopes of a quick US-Iran agreement and reopening of the Strait of Hormuz faded.
Rupee falls 6 paise to 95.42 against US dollar in early trade
Rupee declines 6 paise to 95.42 against USD as crude oil prices rise amid US-Iran agreement uncertainties.
- August 12, 2026 10:00
Markets open flat as crude stays near $90, inflation data in focus
Equity benchmarks opened nearly flat on Wednesday after a muted start, with the Nifty 50 opening at 24,472.45 and trading at 24,451.95, down 19.75 points or 0.08 per cent, against its previous close of 24,471.70.
Markets open flat as crude stays near $90, inflation data in focus
Markets opened flat as crude oil prices linger near $90, with inflation data influencing investor sentiment and trading activity.
- August 12, 2026 09:54
Crude oil futures rise after reports of separate ship attacks in West Asia
Crude oil futures traded higher on Wednesday morning following reports of separate attacks on ships by the Houthis and the US forces in the Bab el-Mandeb Strait and Strait of Hormuz, respectively.
Crude oil futures rise after reports of separate ship attacks in West Asia
October Brent oil futures were at $90.02, up by 1.25%, and September crude oil futures on WTI (West Texas Intermediate) were at $84.27, up by 1.29%
- August 12, 2026 09:47
Darshan Desai, CEO, Aspect Bullion & Refinery
“Gold and silver continue to remain firmly supported, reflecting strong investor confidence in precious metals. The recent movement in gold highlights the continued role of bullion as a preferred store of value, particularly amid evolving global economic conditions and uncertainty. Silver, meanwhile, has gained additional momentum from strong investment interest and sustained industrial demand.
From the bullion industry’s perspective, we are seeing healthy interest in physical gold and silver, despite prices remaining at elevated levels. While some near-term consolidation and profit-booking cannot be ruled out following the sharp rally, the underlying fundamentals remain supportive. We expect demand for bullion to remain resilient as investors continue to look at gold and silver for wealth preservation, portfolio diversification and long-term value.”
- August 12, 2026 09:46
Milky Mist IPO Day 2 Live Updates: ₹1,553-cr IPO enters Day 2 with 79% subscription, Shiprocket IPO opens today, Dhoot IPO closes
Milky Mist IPO enters day 2, Shiprocket opens today; follow our live updates:
- August 12, 2026 09:46
Pre Market Quote by Vikram Kasat, Head, Advisory, PL Capital
Markets took five on Tuesday, with all three major indexes falling ahead of tomorrow’s inflation report.
Dow Jones fell 184 points, S&P 500 was down 0.3%. Nasdaq fell 0.6%.
The yield on the 2-year Treasury note dipped to 4.22%. The 10-year yield was down to 4.68%.
The dog days of summer are here, characterized by thin volume, narrow index moves, and a lighter earnings flow, while market participants cast a wary eye on Treasury yields that keep tightening the vise
Investors are waiting for tomorrow’s consumer price index report. Economists are expecting to see that prices rose by 0.1% in July from June. If the numbers come in as expected, without signs of a big inflation bump, it could help alleviate fears that the Federal Reserve has to increase interest rates sooner rather than later.
Of course, there’s always a risk that inflation surprises to the upside—particularly because oil prices spiked again toward the end of July as hostilities resumed between the U.S. and Iran. Brent crude oscillated around the $90 a barrel mark on Tuesday amid ongoing uncertainty over when the Strait of Hormuz would reopen. Traffic through the strait remains weak—over the weekend, confirmed crossings fell from 15 on Friday to 11 on Saturday and just six on Sunday
Negotiations got a bit more complicated on Monday. Now that both the U.S. and Iran are demanding reparations from each other to end the conflict, dashing any remaining hopes of a quick resolution.
- August 12, 2026 09:44
Crude oil futures trade higher following reports of separate attacks on ships by the Houthis and the US forces
Crude oil futures traded higher on Wednesday morning following reports of separate attacks on ships by the Houthis and the US forces in the Bab el-Mandeb Strait and Strait of Hormuz, respectively. At 9.32 am on Wednesday, October Brent oil futures were at $90.02, up by 1.25 per cent, and September crude oil futures on WTI (West Texas Intermediate) were at $84.27, up by 1.29 per cent. August crude oil futures were trading at ₹8044 on Multi Commodity Exchange (MCX) during the initial hour of trading on Wednesday against the previous close of ₹7940, up by 1.31 per cent, and September futures were trading at ₹7936 against the previous close of ₹7844, up by 1.17 per cent.
- August 12, 2026 09:42
SBI sees strong demand for 5-year dollar bond, tightens pricing
State Bank of India, the country’s largest lender, drew strong demand in its return to the public dollar bond market after nearly a year, with pricing tightening sharply from initial guidance, three merchant bankers said on Wednesday.
SBI sees strong demand for 5-year dollar bond, tightens pricing
SBI successfully raises $500 million through a five-year dollar bond, experiencing strong demand and tighter pricing from initial guidance.
- August 12, 2026 09:25
Ola Electric gets full five-year PLI incentive window till 2031; shares up 1%
Government Revises ACC PLI Timelines for Ola Electric; Company Secures Full Five-Year Incentive Window Through CY2031, Unlocking Up to ₹7,240 Crore
Ola shares were up 1% to Rs 40.10 on the NSE.
- August 12, 2026 09:24
TD Power Systems, Finolex shares hit 52-week high, Siemens, Manappuram Finance, Zydus, RVNL, MRF shares in focus after Q1:
Q1 Results 12th Aug Live: HAL, Grasim Ind, Tata Motors, Apollo Hospitals, GMR Airports, Lenskart, GIC, Abbott, AIA Engg, IRCTC, Sun TV, EID Parry, VA Tech, IRCON to announce Q1 results, NBCC (India), Siemens, RVNL, Kalpataru, MRF, Zydus Lifesciences, KPI Green, Manappuram Finance in focus, TD Power Systems, Finolex shares hit 52-week high
Q1 Results Today, 12th August 2026 Live Updates: Find all the latest Q1 results 2026 updates of 63 Moons Technologies, A2Z Infra Engineering, Aagam Capital, Akar Auto Industries, Aarvi Encon, Aastamangalam Finance, Abbott India, A B Cotspin India, ADC India Communications, Aeonx Digital Technology, Agarwal Fortune India, AIA Engineering, Aimco Pesticides, Alliance Integrated Metaliks, Ajcon Global Services, AK Capital Services, AksharChem India, Abhinav Leasing & Finance, Alphalogic Techsys, Ambalal Sarabhai Enterprises, AMD Industries, Andrew Yule & Company, Anirit Ventures, Anjani Synthetics, Ansal Buildwell, Anupam Finserv, Anjani Portland Cement, Apollo Hospitals Enterprise, Aravali Securities & Finance, Archit Organosys, ARCL Organics, Arman Financial Services, Aruna Hotels, Arvaya Healthcare, Arvind, Ashish Polyplast, Ashnoor Textile Mills, Ashoka Metcast, Asian Fertilizers, Asian Petroproducts & Exports, Avio Smart Market Stack, Aspira Pathlab & Diagnostics, Add-Shop ERetail, Astral, Atal Realtech, Atlantaa, Atlas Cycles (Haryana), ATN International, ATV Projects India, AuSom Enterprise, Autoriders International, Auto Pins (India), Automobile Products of India, Axita Cotton, Bacil Pharma, Indef Manufacturing, Shree Tirupati Balajee Agro Trading Company, Balkrishna Paper Mills, Bal Pharma, Balu Forge Industries, Bambino Agro Industries, Baroda Extrusion, Black Box, BCL Industries, Bedmutha Industries, Bengal Tea & Fabrics, Bervin Investment & Leasing, Bharat Textiles & Proofing Industries, Bimetal Bearings, Binny, BLB, Bliss GVS Pharma, B. L. Kashyap and Sons, Bluechip Tex Industries, BN Rathi Securities, B. P. Capital, BPL, Brijlaxmi Leasing & Finance, Brilliant Portfolios, BYLD Capital Finance, Caplin Point Laboratories, Capricorn Systems Global Solutions, Capital Trust, CDG Petchem, Centrum Capital, Chandrima Mercantiles, Chemiesynth (Vapi), Chemtech Industrial Valves, Chennai Ferrous Industries, Chartered Logistics, Cinevista, Citurgia Biochemicals, Corporate Merchant Bankers, Comfort Fincap, Comfort Intech, Coral India Finance & Housing, Coromandel Engineering Company, Career Point Edutech, Aditya Infotech, Cravatex, Crestchem, CSL Finance, Dynamic Archistructures, DCX Systems, Deccan Cements, Deep Polymers, Dhanashree Electronics, Delta Industrial Resources, Delta Manufacturing, Devine Impex, Dev Accelerator, Decillion Finance, Dhabriya Polywood, Dhanalaxmi Roto Spinners, D & H India, DHP India, Dhruv Consultancy Services, Diamant Infrastructure, Diana Tea Company, DIC India, Digidrive Distributors, Disa India, Dhunseri Tea & Industries, Ducon Infratechnologies, Duro Pack, Duroply Industries, Dutron Polymers, Dynavision, East West Freight Carriers, Easy Fincorp, EID Parry India, Eiko Lifesciences, Ekansh Concepts, Eldeco Housing & Industries, El Forge, EMA India, Emergent Industrial Solutions, Empower India, Emrock Corporation, EMS, Equippp Social Impact Technologies, Essar Shipping, Integra Essentia, Eureka Forbes, Euro Leder Fashion, Explicit Finance, Eyantra Ventures, Facor Alloys, Fiem Industries, Filmcity Media, Flomic Global Logistics, Gujarat Fluorochemicals, Federal-Mogul Goetze (India), Frontier Springs, Gandhi Special Tubes, Garware Marine Industries, GACM Technologies, GACM Technologies, Gayatri Projects, Gemstone Investments, G G Engineering, Gautam Gems, GIC Housing Finance, Gini Silk Mills, Gita Renewable Energy, GKB Ophthalmics, Guru Krupa Gems and Jewellery, Glittek Granites, Globe Civil Projects, GMR Airports, Gogia Capital Growth, Aion-Tech Solutions, Goodyear India, Gujarat Pipavav Port, Grand Oak Canyons Distillery, Grasim Industries, Greencrest Financial Services, GRM Overseas, GSB Finance, Gujarat State Fertilizers & Chemicals, GTN Industries, Gujarat Craft Industries, Gujjubhai Industries, Gujarat Petrosynthese, Hindustan Aeronautics, Haryana Financial Corporation, Hariom Pipe Industries, Sri Havisha Hospitality And Infrastructure, Hind Commerce, Hexagon Nutrition, H.G. Infra Engineering, Himatsingka Seide, Him Teknoforge, Hindustan Oil Exploration Company, Hindware Home Innovation, Hi-Tech Pipes, HCP Plastene Bulkpack, Hindprakash Industries, Hariyana Ship Breakers, Indo Count Industries, Indogulf Cropsciences, Insolation Energy, Inducto Steel, India Glycols, India Home Loan, Indian Hume Pipe Company, Indiqube Spaces, Indo Amines, Indo City Infotech, Indo Euro Indchem, Indo Us Bio-Tech, Indsil Hydro Power and Manganese, Indus Fila, Innovision, Innovassynth Technologies (India), Integra Capital, Interworld Digital, IRCON International, Indian Railway Catering and Tourism Corporation, Ironwood Education, ISL Consulting, J.A. Finance, Jagan Lamps, Jagjanani Textiles, Jagran Prakashan, Jayabharat Credit, Jhaveri Credits & Capital, Jindal Capital, JITF Infralogistics, JJ Finance Corporation, Joindre Capital Services, Jonjua Overseas, June Industries, Jyothy Labs, Kabra Drugs, Kajal Synthetics & Silk Mills, Kalyan Capitals, Kanchi Karpooram, Kandagiri Spinning Mills, Kanel Industries, Kay Power and Paper, KCP Sugar & Industries Corporation, Kenvi Jewels, Kerala Ayurveda, Khoobsurat, Kinetic Trust, Kiri Industries, Kirloskar Industries, KRN Heat Exchanger And Refrigeration, Kronox Lab Sciences, K&R Rail Engineering, Kesar Terminals & Infrastructure, Kuantum Papers, KZ Leasing & Finance, Lancer Container Lines, Lancor Holdings, Landsmill Green, La Opala RG, Laxmi India Finance, Lenskart Solutions, Libord Securities, Lokesh Machines, Landmark Property Development Company, Ludlow Jute & Specialities, Mach Travel Solutions, Machino Plastics, Maitri Enterprises, Meyer Apparel, Manaksia, Manbro Industries, Mangalam Drugs & Organics, Man Infraconstruction, Manraj Housing Finance, Marksans Pharma, Max Heights Infrastructure, McNally Bharat Engineering Company, Mega Corporation, Megamont, Megastar Foods, Mega Fin India, Melstar Information Technologies, Maestros Electronics & Telecommunications Systems, Mahalaxmi Fabric Mills, Mahasagar Travels, Mishra Dhatu Nigam, Mid India Industries, Midland Polymers, Midwest, Minaxi Textiles, Mindteck (India), Modern Malleables, Mohit Industries, Moneyboxx Finance, Motisons Jewellers, MPL Plastics, Mahanagar Telephone Nigam, Marg Techno Projects, Mukand, Mukat Pipes, Mukka Proteins, Mukta Arts, Munjal Auto Industries, Murudeshwar Ceramics, Nagreeka Capital & Infrastructure, Natural Capsules, Nath Industries, Natura Hue Chem, Navkar Urbanstructure, Nandan Denim, ND Metal Industries, National Fertilizers, NGL Fine Chem, NHC Foods, Nicco Uco Alliance Credit, Nimbus Projects, Nisus Finance Services Co, Nitco, N2N Technologies, Neogem India, National Oxygen, Norben Tea & Exports, National Peroxide, NPR Finance, Nurture Well Industries, Octal Credit Capital, Octavius Plantations, Olympic Cards, Omaxe, One Point One Solutions, Oricon Enterprises, Orient Technologies, Oscar Global, OTCO International, Palm Jewels, Panabyte Technologies, Panafic Industrials, Panama Petrochem, Panther Industrial Products, Parle Industries, Paramount Cosmetics India, Parmeshwari Silk Mills, Parvati Sweetners and Power, Pasari Spinning Mills, Pasupati Spinning & Weaving Mills, Patel Retail, Pee Cee Cosma Sope, PCS Technology, PEARL Polymers, Premier Energy and Infrastructure, Pennar Industries, Peninsula Land, Pervasive Commodities, Petronet LNG, Pharmaids Pharmaceuticals, Pioneer Investcorp, Paul Merchants, Polymechplast Machines, Porwal Auto Components, Prag Bosimi Synthetics, Precision Electronics, Premium Capital Market & Investments, Prime Capital Market, Prime Urban Development India, Prism Medico and Pharmacy, Priya, Pro Clb Global, Pro Fin Capital Services, Prostarm Info Systems, Punjab Communications, Purshottam Investofin, Raaj Medisafe India, Race Eco Chain, Radiant Cash Management Services, Rajputana Investment and Finance, Raj Rayon Industries, Rajasthan Petro Synthetics, Rama Vision, Ramsons Projects, Rapid Investments, Rathi Bars, Rathi Graphic Technologies, RCC Cements, Real Eco-Energy, Regent Enterprises, Religare Enterprises, Retaggio Industries, Rexnord Electronics & Controls, Richfield Financial Services, Real Growth Corporation, Rotographics (India), Rhetan TMT, Rico Auto Industries, Rishab Special Yarns, R K Swamy, RMC Switchgears, Rose Merc, Royal India Corporation, RRIL, RR Securities, Rajputana Stainless, Ruby Mills, Ruchira Papers, Sahara Housingfina Corporation, Shalibhadra Finance, Sahyadri Industries, Sainik Finance & Industries, Samtel India, Sanco Trans, Sansera Engineering, Sarthak Global, SBC Exports, Scoda Tubes, SecMark Consultancy, Schneider Electric President Systems, Shree Ganesh Remedies, Shah Metacorp, Shah Alloys, Shah Construction Company, Shalby, Shalimar Paints, Shalimar Productions, Sharika Enterprises, Sharma East India Hospitals & Medical Research, Narmada Gelatines, Shekhawati Industries, Shentracon Chemicals, Shivagrico Implements, Shivkamal Impex, Shradha AI Technologies, Shree Rajasthan Syntex, Shree Pushkar Chemicals & Fertilisers, Shreenath Investment Company, Shreyans Industries, Shri Dinesh Mills, Shringar House of Mangalsutra, Shri Niwas Leasing And Finance, Shriram Properties, Shristi Infrastructure Development Corporation, Shree Manufacturing Company, Shukra Pharmaceuticals, Shree Vatsaa Finance & Leasing, Sical Logistics, Signet Industries, Simbhaoli Sugars, Singer India, Sita Enterprises, Sizemasters Technology, SKF India, Shree Krishna Paper Mills & Industries, Sri Lakshmi Saraswathi Textiles Arni, Smart Finsec, Softtech Engineers, Somany Ceramics, Sonal Mercantile, Sonal Adhesives, SPL Industries, SPML Infra, SPV Global Trading, Sree Rayalaseema Hi-Strength Hypo, Shree Ram Twistex, Stallion India Fluorochemicals, Star Paper Mills, Standard Batteries, Standard Shoe Sole and Mould (India), Shreeji Translogistics, Stovec Industries, Sophia Traexpo, Sterling Green Woods, Subam Papers, Sudarshan Chemical Industries, Sudarshan Pharma Industries, Sun TV Network, Supra Pacific Financial Services, Surat Trade and Mercantile, Suryavanshi Spinning Mills, Svam Software, Swadeshi Industries & Leasing, Swati Projects, Switching Technologies Gunther, Symbiox Investment & Trading Company, TAI Industries, Tasty Bite Eatables, Tatia Global Vennture, Tecil Chemicals & Hydro Power, Telogica, Texmo Pipes and Products, Typhoon Financial Services, Tiaan Consumer, Tiger Logistics (India), Tirth Plastic, Tirupati Foam, Titagarh Rail Systems, Tata Motors, Tamil Nadu Newsprint & Papers, Tolins Tyres, Forbes Precision Tools and Machine Parts, Transglobe Foods, Trans Freight Containers, Triveni Enterprises, Tuni Textile Mills, Tusaldah, Tuticorin Alkali Chemicals And Fertilizers, Ultracab (India), Uniphos Enterprises, Universal Arts, Universus Photo Imagings, Universal Starch Chem Allied, Vadilal Industries, Valiant Communications, Valiant Organics, Variman Global Enterprises, Vascon Engineers, V B Industries, Veefin Solutions, Velan Hotels, Veritas (India), Vesuvius India, Veto Switchgears and Cables, Varvee Global, Viaan Industries, Victoria Mills, VIP Industries, Virgo Polymer India, VISA Chrome, Vantage Knowledge Academy, VK Global Industries, Virat Leasing, VMS Industries, Virtuoso Optoelectronics, Vraj Iron And Steel, VTM, VA Tech Wabag, Wallfort Financial Services, Wonder Electricals, Williamson Magor & Company, West Coast Paper Mills, XL Energy, Yatra Online, YOGI, The Yamuna Syndicate, Zenith Exports, Zenlabs Ethica, Jeet Machine Tools, Khandelwal Extractions, Nilkanth Engineering, Zodiac Clothing Company, Zodiac-JRD-MKJ, Saraswati Commercial India, Sarvamangal Mercantile Company, Satyam Silk Mills Follow our stock market live updates here 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- August 12, 2026 09:23
Nifty today: Top gainers, losers at this hour of trade
Top gainers of Nifty 50: Hindalco (+3.25%), Nestle (+1.16%), Grasim (+0.84%), ONGC (+0.65%)
Top losers: Max Health (-1.09%), Max Health (-1.06%), IndiGo (-0.94%), Apollo Hospitals (-0.91%)
- August 12, 2026 09:19
Opening bell: Sensex slips 134 pts, Nifty down 43 pts after flat start
BSE Sensex declined 134.41 pts or 0.17% to 78,019.84 at 9.16 am after marignally flat opening at 78,263.33 from the previous close of 78,154.25; Nifty 50 declined 43 pts or 0.18% to 24,428.70 after flat opening at 24,472.45.
- August 12, 2026 09:04
Sham Foam launches ₹40.48 crore Initial Public Offering
Sham Foam launches ₹40.48 crore Initial Public Offering
The IPO, which comprises a fresh issue of 31.14 lakh shares, received bids for 57,000 shares on the BSE SME platform, exchange data showed
- August 12, 2026 09:04
NDR InvIT Trust files draft papers for ₹750 crore IPO
NDR InvIT Trust files draft papers for ₹750 crore IPO
NDR InvIT Trust files for a ₹750 crore IPO to enhance its warehousing portfolio and support future growth initiatives.
- August 12, 2026 09:02
Indian rupee opens at 95.40 per U.S. dollar, little changed from previous close at 95.4350
- August 12, 2026 08:58
India’s top 300 family businesses worth $1.46 trillion, outperform Nifty and Sensex
India’s top 300 family businesses worth $1.46 trillion, outperform Nifty and Sensex
India's top 300 family businesses, valued at $1.46 trillion, outpace market indices and drive significant economic growth.
- August 12, 2026 08:56
ACME Solar refinances ₹2,147 crore debt through NaBFID
ACME Solar has completed the refinancing of ₹2,147 crore through National Bank for Financing Infrastructure and Development (NaBFID), redeeming NCDs issued by 12 operational SPVs with a combined capacity of 450 MW. The refinancing also fully redeemed underlying offshore dollar bonds. The transaction takes ACME Solar’s total financing raised in the current fiscal to ₹8,198 crore. The refinancing is expected to reduce borrowing costs by around 150 basis points, strengthening project cash flows and the long-term capital structure.
- August 12, 2026 08:51
Bitcoin holds near $64,000 as investors await US inflation data
Market analysis by Vikram Subburaj, CEO, Giottus.com
August 12, 2026
Bitcoin traded near $63,700-$63,800 on Wednesday morning and was broadly flat, as investors avoided large positions ahead of the July US inflation report. Immediate support lies around $63,000-$63,200, followed by $62,500. Resistance is visible near $64,400-$64,500, with the $65,000-$66,000 region remaining the stronger ceiling for the current recovery.
On-chain and market-structure indicators have improved without confirming a broader expansion.Spot taker buying has accelerated, and participation in perpetual futures has strengthened. Meanwhile, funding rates and open interest remain moderate. Options traders are also paying less for downside protection. However, overall exchange turnover and network activity remain subdued. This suggests that the recovery is still transitional rather than conviction-led.
Institutional demand improved significantly during the first week of August. US spot Bitcoin ETFs attracted $865.3 million across five consecutive sessions from August 3-7. That streak reversed with a $144.6 million outflow on August 10. August 11 showed a further preliminary $42.4 million withdrawal, with BlackRock’s IBIT figure yet to be reported. Completed flows from August 3 through August 10 nevertheless remain positive by about $720.7 million.
Large-cap altcoins were mostly positive. Ethereum gained 0.3% to $1,884, while BNB led with a 3% rise to $618. XRP advanced 0.8% to $1.02, Solana gained 0.6% to $76.46, and TRON rose 1.1% to $0.334. The stronger BNB move contrasts with relatively modest gains elsewhere, indicating selective rather than broad altcoin participation.
The July US CPI release later today is the key macro catalyst. Economists expect headline inflation of 3.4% and core inflation of 2.5%. Fed futures currently imply a 52% probability of no change in September versus 48% for a quarter-point hike. Brent crude near $89.60 remains an additional inflation risk.
Our advice: Investors should avoid chasing short-term moves before the inflation release. Staggered accumulation, limited leverage and disciplined position sizing remain preferable until Bitcoin clears $64,500-$66,000 with sustained ETF and spot demand.
- August 12, 2026 08:51
Important Result Calendar
12-Aug-2026
Derivative
• Apollo Hospitals Enterprise Ltd
• Grasim Ind Ltd
• Hindustan Aeronautics Ltd
• Petronet LNG Ltd
• Astral Ltd
• GMR AIRPORTS Ltd
Cash Segment
• Tata Motors Ltd.
• Gujarat State Ferti & chemi Ltd.
• Lenskart Solutions Ltd.
• Caplin Point LabLtd.
• E.I.D. - Parry (India) Ltd.
• Indian Railway Catering And Tourism Corp Ltd.
• AIA Engg Ltd.
• Gujarat Fluorochemi Ltd.
• Ircon Intl. Ltd.
• Jyothy Labs Ltd.
• General Ins. Corp of India
• Sun TV Network Ltd.
• Aditya Infotech Ltd.
• Titagarh Rail Systems Ltd.
• Abbott India Ltd.
13-Aug-2026
Derivative
• Max Fin Services Ltd
• Page Ind Ltd
• Tata Motors Passenger Vehicles Ltd
• Jubilant Foodworks Ltd
• Solar Ind India Ltd
• Max Healthcare Institute Ltd
• Amber Enterprises India Ltd
Cash Segment
• Endurance Tech Ltd.
• Elgi Equipments Ltd.
• Ipca LabLtd.
• Honasa Consumer Ltd.
• JSW Cement Ltd.
• Swan Corp Ltd.
• Engineers India Ltd.
• Indraprastha Gas Ltd.
• LG Electronics India Ltd.
• Minda Corp Ltd.
• Aditya Birla Real Estate Ltd.
• Brigade Enterprises Ltd.
• Rashtriya chemi and Ferti Ltd.
• Welspun Living Ltd.
• Brainbees Solutions Ltd.
• CESC Ltd.
• Godrej Ind Ltd.
• Olectra Greentech Ltd.
• Sammaan Capital Ltd.
• Bombay Burmah Trading Corp Ltd.
• Travel Food Servic Ltd.
14-Aug-2026
Derivative
• Alkem Lab Ltd
• Bharat Dynamics Ltd
• Tube Invts of India Ltd
• Ashok Leyland Ltd
• Patanjali Foods Ltd
• Voltas Ltd
• NMDC Ltd
• Cochin Shipyard Ltd
Cash Segment
• Cholamandalam Fin Holdings Ltd.
• 3M India Ltd.
• Nava Ltd.
• Natco Pharma Ltd.
• PTC Ind Ltd.
• Schneider Electric Infra Ltd.
• Belrise Ind Ltd.
• NMDC Steel Ltd.
• Jupiter Wagons Ltd.
• Physicswallah Ltd.
- August 12, 2026 08:51
Indian Nifty 50 index requires 8% more returns for full recovery to its peak level of 26,329: Abakkus Mutual Fund
- Nifty 100 Index requires a return of 6.9% from the level of 31 July 2026 to reach the peak level of 27256 recorded on 26 September 2024
- From the level of 31 July 2026, Nifty Midcap 150 requires 0.14% to reach the peak level of 23171 observed on 21 July 2026
- Nifty Smallcap 250 requires 3.92% to reach the peak level of 18623 observed on 23 September 2024
- August 12, 2026 08:39
Agentic AI emerges as mid to high level priority for Indian banks
Agentic AI emerges as mid to high level priority for Indian banks
Senior executives from some of India’s largest banks have identified Agentic AI integration as a medium-to-high strategic priority for the coming year, highlighting its potential to transform decision-making, security and innovation across the banking sector
- August 12, 2026 08:38
BSE could see $700 million passive inflows after Nifty 50 entry
BSE could see $700 million passive inflows after Nifty 50 entry
BSE anticipates $700 million in passive inflows after joining Nifty 50, boosting institutional ownership and trading liquidity.
- August 12, 2026 08:26
N Chandrasekaran may step down as Tata Sons chairman ahead of August 18 AGM: Report
N Chandrasekaran may step down as Tata Sons chairman ahead of AGM
Tata Sons Chairman N Chandrasekaran may step down ahead of the August 18 AGM amid uncertainty over his reappointment and tensions with Tata Trusts.
- August 12, 2026 08:21
ECO Mobility reports 16.7% revenue growth in Q1 FY27
ECOS (India) Mobility & Hospitality reported a 16.7% year-on-year rise in Q1 FY27 revenue to ₹211.37 crore, while PAT increased 9.5% to ₹14.55 crore. The company completed 1.48 million trips, up 27%, and expanded its active client base 18% to about 1,400. Its fleet grew 29% to 19,550 vehicles, while its presence expanded to 151 Indian cities. The company’s EV fleet also increased to 460 vehicles during the quarter.
- August 12, 2026 08:16
SBI has 5-6 M&A financing deals in pipeline, says senior official
SBI has 5-6 M&A financing deals in pipeline under new RBI rules
SBI has 5-6 M&A financing deals in the pipeline after executing three transactions under RBI’s new framework allowing banks to fund acquisitions.
- August 12, 2026 08:11
Microfinance loan disbursements above ₹1 lakh jump 89.8%; smaller loans decline
Microfinance loans above ₹1 lakh jump 89.8% in June quarter
Microfinance loan disbursements above ₹1 lakh surged 89.8% in the June quarter, while smaller loans declined amid lenders’ focus on asset quality.
- August 12, 2026 08:06
SEBI proposes broader vault rules for gold, silver ETFs and bullion derivatives
SEBI proposes wider vault rules for gold, silver ETFs and bullion derivatives
SEBI proposes a common vaulting framework for physical gold, silver and other precious metals underlying ETFs, bullion derivatives and regulated products.
- August 12, 2026 07:57
Behari Lal Engineering IPO: ₹93-crore fresh issue opens today at ₹271-285 per share
Behari Lal Engineering IPO opens today at ₹271-285 per share
Behari Lal Engineering IPO opens at ₹271-285 per share. Check issue size, lot size, IPO proceeds, company profile and broker recommendations.
- August 12, 2026 07:49
Trump considers capital gains tax changes, bigger home-sale exemption ahead of midterms
Trump weighs capital gains tax cuts and home-sale exemption
Donald Trump is considering capital gains tax indexing and a bigger home-sale exemption as Republicans seek voter support ahead of the US midterm elections.
- August 12, 2026 07:43
Top Nifty 50 technical indicators
* Trend: Bearish; Nifty 50 is hovering around 24,360, down nearly 0.5%.
* Market breadth: Bearish, with the advance/decline ratio at 10:40.
* Sectoral trend: Most sectors are in the red; PSU Bank and Metal are outperforming.
* Immediate support: 24,400 for Nifty futures.
* Next support: 24,200; a break below 24,400 could trigger further selling.
* Major support: 24,000.
* Immediate resistance: 24,500.
* Next resistance: 24,600.
* Futures trend: August Nifty futures are down about 0.35% near 24,450.
* Momentum: Negative, with bears maintaining control.
* Trading view: Nifty futures could decline towards 24,400; a sustained break below this level could extend the fall.
* Fresh trade: Consider shorting around 24,480, with a target of 24,400 and stop-loss at 24,540.
* Existing short: Hold the short position initiated at 24,540; revise stop-loss to 24,540 and book profits at 24,400.
- August 12, 2026 07:40
Shiprocket IPO today: ₹1,617.5-crore issue opens at ₹92-97; check key details
Shiprocket IPO opens today at ₹92-97; check key details
Shiprocket IPO opens Wednesday at ₹92-97 per share. Check issue size, lot size, anchor investors, IPO allocation, listing date and use of proceeds.
- August 12, 2026 07:28
Markets eye flat start amid rising crude oil prices and mixed global cues
Sensex, Nifty likely to open flat amid weak global cues
Sensex and Nifty may open flat as rising crude oil prices, geopolitical uncertainty and weak global cues weigh on investor sentiment ahead of US CPI data.
- August 12, 2026 07:08
Trump, Modi to resolve Russian oil tariff issue, says US trade adviser Peter Navarro
US tariff threat over Russian oil: Trump and Modi will resolve issue, says Navarro
US trade adviser Peter Navarro says Trump and Modi have a good working relationship and will resolve concerns over tariffs linked to Russian oil imports.
- August 12, 2026 06:54
Buzzing stocks: Godrej Consumer, L&T, Tenneco Clean, Dr Agarwal’s, SJVN, BEML, Bajaj Electricals, Diamond Power, Saatvik Green, Innovision, SUGS Lloyd
Buzzing stocks: Godrej Consumer, L&T, Tenneco Clean, Dr Agarwal’s, SJVN, BEML, Bajaj Electricals, Diamond Power, Saatvik Green, Innovision, SUGS Lloyd
Explore recent corporate shifts and major order wins in consumer, infrastructure, defence, and renewable energy sectors.
- August 12, 2026 06:44
WATCH: Today's stock recommendation: August 12
- August 12, 2026 06:43
Gujarat Industries Power Co Ltd Q1FY27 Results
Revenue 499.28 Cr vs 371.52 Cr
(+34.39% YoY┃+16.58% QoQ)
EBITDA 241.63 Cr vs 112.68 Cr
(+114.45% YoY ┃+23.92% QoQ)
EBITDA Margin 48.40% vs 30.33% YoY & 45.53% QoQ
PBT 211.18 Cr vs 79.32 Cr
(+166.23% YoY┃+115.79% QoQ)
PAT 157.90 Cr vs 57.47 Cr
(+174.76% YoY┃-51.69% QoQ)
Other Income 112.03 Cr vs 19.29 Cr YoY & 42.32 Cr QoQ
Last Q4 there was gain of 260.30 Cr (Impact of transition to new tax regime)
- August 12, 2026 06:43
Polyplex Corporation Limited Q1FY27 Results
Revenue 2253.62 Cr vs 1738.67 Cr
(+29.62% YoY┃+20.47% QoQ)
EBITDA 296.43 Cr vs -0.61 Cr YoY & 88.20 Cr QoQ
(+236.09% QoQ)
EBITDA Margin 13.15% vs -0.04% YoY & 4.71% QoQ
PBT +210.65 Cr vs -70.60 Cr YoY & +42.56 Cr QoQ
(+394.95% QoQ)
PAT +171.07 Cr vs -59.81 Cr YoY & +37.63 Cr QoQ
(+354.61% QoQ)
PAT After Minority interest
+91.03 Cr vs -19.31 Cr YoY & +24.80 Cr QoQ
(+267.06% QoQ)
Other Income 25.47 Cr vs 29.79 Cr YoY & 61.86 Cr QoQ
- August 12, 2026 06:43
JBM AUTO, OLECTRA, ASHOK LEYLAND: E-BUS & E-TRUCK PUSH
* Govt considering interest subvention for electric buses and e-trucks
* Less than 1,000 e-trucks above 3.5-tonne capacity currently in India
* ₹4,391 Cr allocated for 14,028 electric buses under PM E-Drive
* 13,800 e-buses allocated through CESL tenders; 200 to J&K
* Charging proposals worth ₹710-715 Cr approved under PM E-Drive
* Additional ₹190 Cr charging infrastructure proposal under consideration
- August 12, 2026 06:42
Epack Durable Ltd Q1FY27 Results
Operating Revenue ₹886.00 Cr (+33.80% YoY & +49.90% QoQ)
EBITDA ₹55.00 Cr (+0.70% YoY & +113.20% QoQ)
EBITDA Margin 6.21% (vs 8.24% YoY & 4.37% QoQ)
PBT ₹17.60 Cr (-43.90% YoY & +1,660.00% QoQ)
PAT ₹11.80 Cr (-48.50% YoY & +49,066.70% QoQ)
PAT Margin 1.33% (vs 3.46% YoY & 0.00% QoQ)
Diluted EPS ₹1.23 (-48.50% YoY)
Q1FY27 had no accrued PLI income, whereas Q1FY26 included ₹13.30 Cr of PLI income, impacting YoY comparability
RAC business grew 43.8% YoY, while SDA & LDA grew 68.9% YoY, driven by healthy order inflows and new product launches
Strong traction in air-fryers supported growth in the SDA segment
The company continues to gain market share and scale revenue faster than the industry
EBITDA remained flat YoY as input-cost/mix pressure and higher other operating expenses offset strong volume growth
PAT declined sharply due to higher depreciation (+30.7% YoY) and finance costs (+27.0% YoY), along with lower other income and higher JV losses
No PLI income was accrued in Q1FY27, impacting YoY comparability
- August 12, 2026 06:42
Flair Writing Industries Ltd Q1FY27 Results
Revenue 319.25 Cr vs 288.54 Cr
(+10.64% YoY┃-1.15% QoQ)
EBITDA 53.34 Cr vs 49.54 Cr
(+7.68% YoY ┃-7.59% QoQ)
EBITDA Margin 16.71% vs 17.17% YoY & 17.87% QoQ
PBT 38.97 Cr vs 38.82 Cr
(+0.37% YoY┃-19.80% QoQ)
PAT 29.08 Cr vs 28.95 Cr
(+0.45% YoY┃-20.38% QoQ)
PAT After Minority interest 28.56 Cr vs 28.64 Cr
(-0.29% YoY┃-20.25% QoQ)
Other Income 1.24 Cr vs 3.28 Cr YoY & 5.84 Cr QoQ
- August 12, 2026 06:42
TD Power Systems Ltd Q1FY27 Results
Revenue 640.05 Cr vs 371.90 Cr
(+72.10% YoY┃+8.63% QoQ)
EBITDA 121.63 Cr vs 68.83 Cr
(+76.71% YoY ┃+24.30% QoQ)
EBITDA Margin 19.00% vs 18.51% YoY & 16.61% QoQ
PBT 116.89 Cr vs 67.39 Cr
(+73.46% YoY┃+18.43% QoQ)
PAT 86.29 Cr vs 50.07 Cr
(+72.33% YoY┃+19.53% QoQ)
Other Income 2.62 Cr vs 3.97 Cr YoY & 8.08 Cr QoQ
- August 12, 2026 06:41
Aeroflex Enterprises Ltd Q1FY27 Results
Revenue 189.00 Cr vs 134.48 Cr
(+40.54% YoY┃-5.30% QoQ)
Other Income 144.17 Cr vs 7.56 Cr YoY & 7.66 Cr QoQ
EBITDA 17.27 Cr vs 18.25 Cr
(-5.40% YoY ┃-51.87% QoQ)
EBITDA Margin 9.14% vs 13.57% YoY & 17.98% QoQ
PBT Ex-Exceptional Items 151.06 Cr vs 17.29 Cr
(+773.94% YoY┃+363.92% QoQ)
PAT 103.22 Cr vs 14.42 Cr
(+615.76% YoY┃+302.15% QoQ)
PAT After Minority interest 96.63 Cr vs 10.19 Cr
(+848.63% YoY┃+302.15% QoQ)
This Q1 Exceptional loss of 0.93 Cr
- August 12, 2026 06:41
Landmark Cars Ltd Q1FY27 Results
Revenue 1302.36 Cr vs 1061.72 Cr
(+22.66% YoY┃+1.86% QoQ)
EBITDA 72.01 Cr vs 61.03 Cr
(+17.98% YoY ┃-4.91% QoQ)
EBITDA Margin 5.53% vs 5.75% YoY & 5.92% QoQ
PBT Ex-Exceptional Items 19.15 Cr vs 9.89 Cr
(+93.72% YoY┃-14.06% QoQ)
PAT 14.55 Cr vs 7.37 Cr
(+97.47% YoY┃-3.25% QoQ)
PAT After Minority interest 14.55 Cr vs 6.91 Cr
(+110.51% YoY┃-3.25% QoQ)
Other Income 3.24 Cr vs 5.16 Cr YoY & 3.10 Cr QoQ
Last Q4 Exceptional loss of 1.56 Cr
- August 12, 2026 06:41
ALL-TIME HIGH BREAKOUT ALERT: August 11
19 Stocks Closed at Fresh Lifetime Highs Today!
💠Cupid
💠Bosch
💠Ather Energy
💠Titan Company
💠Deep Industries
💠Ather Industries
💠Sudeep Pharma
💠Shilpa Medicare
💠KSH International
💠Rubicon Research
💠Panama Petrochem
💠Anthem Biosciences
💠Sedemac Mechatronics
💠Thyrocare Technologies
💠Kwality Pharmaceuticals
💠Lumax Auto Technologies
💠Shaily Engineering Plastics
💠Manipal Health Enterprises
💠Chennai Petroleum Corporation
- August 12, 2026 06:40
Tamilnadu Petroproducts Q1 FY27 Results | PAT up 134% YoY, PBT up 129%
Key highlights:
* PAT increased 134% YoY to ₹77.82 crore from ₹33.22 crore in Q1 FY26.
* PBT increased 129% YoY to ₹103.65 crore from ₹45.20 crore.
* EBITDAincreased 138% YoY to ₹124.84 crore from ₹52.45 crore.
* Revenue increased 68% YoY to ₹784.17 crore from ₹468.27 crore.
* The strong performance was supported by higher demand, improved capacity utilisation and cost-led operational efficiencies.
* TPL had undertaken a planned shutdown during Q4 FY26 for its expansion project; hence, Q4 FY26 numbers are not comparable with Q1 FY27.
Leadership comment:
Mr. Ashwin Muthiah, Vice Chairman – TPL and Founder Chairman, AM International, Singapore, said the strong Q1 performance reflected the benefits of continued focus on cost-led operational efficiencies, improved capacity utilisation and the company’s ability to respond to higher customer demand.
He added that despite the evolving geopolitical situation in the Middle East and increased input costs, lower import pressures supported the quarter’s overall performance. The company remains focused on strengthening its competitiveness while developing carbon-neutral products and solutions to address the evolving sustainability needs of customers.
- August 12, 2026 06:40
MNCL Research: Triveni Turbine earnings call KTAs - Growth Intact, Margins Under Pressure
CMP: Rs 597; TP: Rs 691 (UR); Rating: Accumulate (UR)
~ Q1FY27 Performance: Revenue Growth, Margin Pressure
Revenue stood at Rs 4.43bn, +19.2% YoY, with domestic sales at Rs 2.40bn (+27.4% YoY) and exports at Rs 2.03bn (+10.8% YoY); export mix was 48.8%. EBITDA stood at Rs 513mn, margin at 11.6% vs 19.8% in Q1FY26, while PAT stood at Rs 511mn. Margin pressure reflected adverse H1FY26 order mix, strategic-order phasing and higher domestic execution.
~FY27 Outlook: Back-Ended Growth
Management remains confident of FY27 top-line and bottom-line growth, with performance expected to be back-ended toward H2. Geopolitical uncertainty may continue to drive quarterly volatility.
~Order Booking: Export & Aftermarket Led
Q1FY27 order booking grew 6.1% YoY to Rs 5.68bn, led by exports and aftermarket, both up 53% YoY, while domestic and product order booking declined 35% and 12% YoY, respectively.
~Order Book: Strong Visibility
Closing order book stood at Rs 21.8bn, +5.1% YoY, with exports at 57% and the balance 43% domestic. Aftermarket orders stood at Rs 6.24bn, contributing 29% of the order book, led by geothermal, utility and refurbishment opportunities.
~Margins: H2 Recovery Expected
Export dispatches were deferred as freight rates increased 3–4x, pushing deliveries to Q2/Q3. The NTPC CO2 energy storage project was executed at negligible/near-zero margins for technology validation. Management expects improvement in H1FY27 and reiterated PBT margin goal of >20% in the near term.
~Domestic Market: Softness Persists
Domestic inquiries have softened and order finalisations are taking longer, with customers adopting a wait-and-watch approach. Product inquiry gestation remains 6–12 months, while international markets, particularly the US and Southeast Asia, remain stronger.
~US & Data Centres: Growing inquiries but conversion a monitorable
US inquiries remain healthy, though conversion takes >12 months. Data-centre demand is gaining traction as gas turbine lead times reach 4–5 years, driving interest in conventional combined-cycle solutions.
~ Aftermarket: Key Growth Engine
Aftermarket closing orders rose 115% YoY to Rs 6.24bn, supported by refurbishment, utility turbines, gas turbines, geothermal and biomass. US aftermarket contribution remains <10%, with the US entity targeted to break even in FY27.
New Products & CO2 BESS
Heat pumps and MVR are being developed as an integrated solution, while the ORC inquiry pipeline is increasing globally. The NTPC CO2 storage project had ~Rs 175 crore pending at Q4FY26, with ~40% of that may have got executed in Q1 and the balance due in Q2; commissioning is expected by end-Q2/early-Q3.
Our view: Short term pain persists but we remain optimistic looking beyond Q2. We will revisit our estimates and rating shortly.
- August 12, 2026 06:39
Weekly rupee view: Rupee stays vulnerable
Weekly rupee view: Rupee stays vulnerable
Rupee remains vulnerable amid positive foreign flows and rising oil prices, with US inflation data potentially influencing its outlook.
- August 12, 2026 06:39
Trading Guide for August 12, 2026: Intraday supports, resistances for Nifty50 stocks
Day Trading Guide for August 12, 2026: Intraday supports, resistances for Nifty50 stocks
Day Trading Guide gives you the key intraday supports and resistances to watch out for on the Nifty Futures and other widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, SBI
- August 12, 2026 06:38
Stock to buy today: Carborundum Universal (₹1,174.55) – BUY
Stock to buy today: Carborundum Universal (₹1,174.55) – BUY
Carborundum Universal share price has potential to reach ₹1,330-₹1,350
Published on August 12, 2026
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