Synopsis: In a closely watched post-results conference call, Jyoti CNC Automation disclosed a pending expansion to 16,000 machines of annual capacity from the current 6,000, set for Q2 commissioning, alongside a Rs.4,732 crore order backlog carrying 18–20 months of...
Synopsis: CG Power and Industrial Solutions commissioned its new Extra High-Voltage switchgear manufacturing facility S3 Unit-II in Nashik on June 4, 2026, expanding EHV circuit breaker production capacity by 80% to meet surging domestic and export demand. In a...
Synopsis: In a second Hyderabad manufacturing exit within two years, United Spirits Ltd. has filed an exchange disclosure confirming the shutdown of its Malkajgiri facility by August 31, 2026 a unit contributing approximately Rs.599 crore in FY26 revenue as the Diageo...
Synopsis: Maan Aluminium Limited is shifting its focus toward high-value aluminum processing and fabrication, supported by a 54% jump in net worth to Rs. 274 crore and a massive capacity expansion to 24,000 tonnes per annum at its Pithampur plant. Despite compressed...
Synopsis: Brandman Retail Limited has been appointed by Skechers India as an authorised reseller and digital marketplace management partner. The partnership is expected to strengthen Brandman Retail’s presence in India’s fast-growing sportswear segment...
Synopsis: US asset manager Vanguard has slashed the fair value of ANI Technologies the unlisted parent of Ola Consumer to just $70 million (approximately Rs.665 crore), a near-total wipeout from its 2021 peak valuation of $7.3 billion, as a 42 percent revenue crash,...
Synopsis: Hindalco Industries has strengthened its engineered aluminium window solutions business with the launch of Eternia’s flagship experience centre in New Delhi and the expansion of its manufacturing footprint in North India. The company is targeting more...
Synopsis: Ceigall India Limited has entered into a Share Purchase Agreement to divest its highway project subsidiary, Ceigall Malout Abohar Sadhuwali Highways Private Limited, for a consideration of around Rs. 177 crore. The transaction is expected to help the company...
Synopsis: Shares of state-run trading majors MSTC and MMTC surged up to 15% on Thursday, June 4, 2026, following the Union Cabinet’s approval of a landmark Rs. 9,585 crore vehicle scrappage incentive scheme for the Delhi-NCR region. The policy, targeting the...
Synopsis: Several companies, including Reliance Industries, Bank of Baroda, Cipla, HDFC AMC, and JSW Energy, will trade ex-dividend on June 5, 2026. Shareholders holding these stocks before the ex-date will be eligible to receive the announced dividend payouts. ...
