
NDR INVIT Trust Reports Strong Q1 2026 Profit & Sales Growth
NDR INVIT Trust announces impressive Q1 2026 results with Rs 368.48M profit and a 37.30% sales surge. Discover key financial highlights and performance drivers.

Gaja Alternative Asset Management IPO: Rs 579 Crore Issue Opens Aug 19
Gaja Alternative Asset Management’s IPO opens Aug 19-21, 2026, aiming to raise up to Rs 579 crore. Details on share allocation and price band revealed.

Greaves Cotton Acquires Full Control of Excel Controlinkage
Greaves Cotton finalizes 100% acquisition of Excel Controlinkage, bolstering its commercial vehicle segment and diversified mobility ecosystem.

Indigo Paints Stock Surges 61% on Strong Q1 Profit
Indigo Paints’ Q1FY27 net profit soared 61.07% to Rs 41.75 crore, driving its stock price up on the BSE and boosting investor confidence.

Horizon Industrial Parks IPO: Limited Day 1 Demand, Retail Investor Focus
Horizon Industrial Parks’ ₹2,600 crore IPO experienced limited subscription on Day 1, with retail investors driving the demand. Grey market premium suggests potential listing gains.

Mahindra Scorpio Lifestyler Pickup: India Launch by 2027
Mahindra & Mahindra gears up to launch the Scorpio Lifestyler pickup truck in India by April 2027, with prices expected to start under Rs 19.79 lakh.

Reliance Industries Partners with Rolls-Royce for AMCA Engine Program
Reliance Industries shares rise on potential AMCA engine program partnership with Rolls-Royce, aiming for indigenous combat engine development in India.

Jefferies Downgrades BSE: 16% Downside Seen
Jefferies downgrades BSE to ‘underperform’ with a 16% lower price target of Rs 2,940, citing STT hike, RBI norms, and CAS impact.

Invesco India Contra Fund Boosts Equity Exposure
Invesco India Contra Fund revises asset allocation from Aug 18, 2026, significantly increasing equity exposure to 80-100% and reducing debt.

SBI Mutual Fund Boosts Tenneco Clean Air India Stake to 6.11%
SBI Mutual Fund significantly raises its stake in Tenneco Clean Air India to 6.11% via open market purchases, acquiring an additional 5.22% voting capital.

Sembcorp Green Infra Eyes $500M IPO Amidst India’s Renewable Boom
Sembcorp Industries plans a $500M IPO for its Indian renewable energy arm, Sembcorp Green Infra, capitalizing on India’s booming green energy market and strong investor interest.

Nippon India Launches New Omni Fund of Fund for Balanced Returns
Nippon India Mutual Fund introduces its Income Plus Arbitrage Omni Fund of Fund, targeting balanced returns through arbitrage and debt scheme investments. NFO open Aug 17-31.

Kotak Adjusts Mid-Cap Portfolio: Kalpataru Projects In, 360ONE Out
Kotak Institutional Equities reshuffles its mid-cap portfolio, adding Kalpataru Projects for growth potential and removing 360ONE after its stock surge.

KFC Outlet Sealed in Mangaluru Over Foul Chicken Complaint
A KFC outlet in Mangaluru was sealed by food safety authorities after a former Mayor reported stale, foul-smelling chicken, prompting an inspection and closure.

Dhoot Transmission Shares Drop 5% After Strong IPO Debut
Dhoot Transmission shares fall over 5% due to profit booking after a strong market debut. Analyst suggests a long-term hold for the auto component manufacturer.

Dhoot Transmission IPO: Shares Debut with 38% Premium on NSE
Dhoot Transmission lists on NSE at Rs 1,200, a 38% premium over its IPO price. Analysts offer mixed advice: hold for long-term growth or book partial profits.

Gujarat Cotex Ventures into Edible Oils and Real Estate
Gujarat Cotex expands beyond fabric trading, launching Prabhat Oils and Prabhat Infratech to enter the edible oils and real estate markets, seeking new growth avenues.

Ola Electric Launches New Battery Energy Storage Systems
Ola Electric expands into power solutions with its new BESS portfolio, including Shakti and Mahashakti, for residential, commercial, industrial, and utility-scale needs.

TD Power Systems Seals 10-Year Siemens Energy Manufacturing Deal
TD Power Systems secures a 10-year manufacturing agreement with Siemens Energy for 2-pole Generators, boosting global presence and revenue visibility.

Refex Industries Secures Rs 40.83 Cr Ash Transport Contract
Refex Industries shares climb 1.97% to Rs 302.75 after winning a Rs 40.83 crore contract for ash transportation over 12 months. Boosts investor confidence.

Hazoor Multi Projects Stock Surges on Rs 28.47 Cr NHAI Order
Hazoor Multi Projects’ shares jumped 4.65% to Rs 21.82 after securing a Rs 28.47 crore NHAI order for user fee collection and maintenance in Tamil Nadu.

DMR Engineering Wins Rs 1.66 Cr Maharashtra Power Project LoA
DMR Engineering leads consortium to secure Rs 1.66 crore LoA from Power Finance Corporation for 1500MW Tarali Pumped Storage Project in Maharashtra.

Saatvik Solar to Build 3.6 GW Cell Plant in Odisha
Saatvik Solar inks MoU with Odisha govt for a 3.6 GW solar cell manufacturing facility in Gopalpur, boosting renewable energy production and creating jobs.

Svatantra Microfin IPO: ₹3,000 Cr Plan to Boost Capital
Ananya Birla’s Svatantra Microfin files for a ₹3,000 crore IPO, including a fresh issue and OFS, to strengthen its capital base and expand lending.

Saatvik Solar Expands to Odisha with 3.6 GW Cell Facility
Saatvik Solar Industries inks MoU with Odisha Govt for a 3.6 GW Phase II Cell Facility, bolstering renewable energy manufacturing capacity.

BCCI Boosts Anti-Corruption Measures for State T20 Leagues
BCCI enhances anti-corruption surveillance on state T20 leagues amid rising concerns over bookie approaches targeting players and officials.

Mirae Asset Buys Rolex Rings Shares Worth ₹16.61 Cr
Mirae Asset Mutual Fund invests ₹16.61 crore in Rolex Rings, acquiring 9.3 lakh shares on August 17, 2026. Highlights confidence in India’s auto components sector.

Ashok Leyland Shares Surge on Record Q1; Brokerages Raise Targets
Ashok Leyland shares jumped 3% after a record Q1, with four brokerages hiking their target prices. Discover the key performance metrics and market reaction.

BSE Shares Tumble 4.5% After Jefferies Downgrade
BSE shares dropped 4.5% following a Jefferies downgrade to ‘Underperform’ and a price target cut to Rs 2,940, citing revenue pressures and regulatory changes.

NIBE Bags Rs 563 Cr Indian Army Loiter Munition Deal
NIBE secures a major Rs 563.35 crore contract from the Indian Army for 300 loiter munition systems. Shares saw a minor dip post-announcement.