Synopsis: GMR Airports Limited reported monthly traffic of approximately 10 million passengers in April 2026, a 5% year-on-year decline attributed to Middle East geopolitical tensions and broader aviation disruptions. Despite the monthly dip, the company crossed its...
Synopsis: TVS Motor Company, through its institutional platform TVS VENU, has agreed to acquire up to 9.9% equity ownership in Jana Small Finance Bank on a fully diluted basis. TVS Motor itself will hold 4.9%, acquired via a secondary purchase of 51,60,903 shares for...
Synopsis: Man Infraconstruction Limited’s MICL Group announced on May 18, 2026, the acquisition of an ultra-luxury sea-view residential site off Bandstand, Bandra West, Mumbai, carrying an estimated GDV of Rs. 1,000+ crore. This is the group’s third luxury...
Synopsis: JSW Energy Limited executed a bulk deal on May 18, 2026, divesting 2.5 crore equity shares of JSW Steel Limited on the NSE, realising gross proceeds of Rs. 3,150 crore. Management called it a “strategic liquidity release,” but the market is...
Synopsis: ICICI Prudential Life Insurance shares and its parent company are under intense focus today, May 18, 2026, following a blockbuster announcement by joint venture partner Prudential Plc. The UK-based insurance giant is acquiring a 75% controlling stake in...
Synopsis: Atul Auto Limited reported a strong FY26 performance on May 16, 2026, with standalone net profit jumping over 54% to Rs. 53.71 crore on revenue of Rs. 785.77 crore. The Board recommended a Rs. 3 per share dividend and the company completed a significant EV...
Synopsis: Azad Engineering Limited reported a strong set of Q4 and full-year FY26 results on May 15, 2026, with standalone revenue surging to Rs. 590.38 crore and net profit jumping nearly 49% to Rs. 132.16 crore. The high-precision OEM components maker continues its...
Synopsis: Neogen Chemicals reported its Q4 and full-year FY26 audited results on May 16, 2026, showing solid standalone revenue growth and a recovery in profitability. However, the spotlight is on subsidiary Neogen Ionics Limited, whose Dahej and Pakhajan projects...
Synopsis: Global oil prices rose sharply with WTI above $104 and Brent nearing $109, as markets reacted to the Donald Trump–Xi Jinping summit and ongoing disruptions around the Strait of Hormuz. Supply constraints, geopolitical tensions with Iran, and rising fuel...
Synopsis: Desco Infratech Limited has officially received a Notification of Award (NOA) from Oil and Natural Gas Corporation (ONGC) for a critical pipeline replacement project in Maharashtra. Valued at over Rs. 16.6 crore, this win follows the company’s recent...
