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SBI Funds Management cut its IPO size after a ₹1,880 crore pre-IPO sale, with the offer-for-sale opening July 14-16, 2026 at ₹545-574 per share.
Brent and WTI rallied to two-week highs after renewed US strikes on Iran and escalating tensions around the Strait of Hormuz disrupted tanker traffic and tightened supply.
LTIMindtree is expected to post muted Q1FY27 growth with margins near 15.1%, while investors watch West Asia demand, the Randstad acquisition and CBDT deal ramp-up from Q2.
Avenue Supermarts (DMart) shares fell over 4% after Q1FY27 revenue growth of 15.1% and net addition of three stores, keeping brokerages cautious ahead of July 11 results.
SBI Fund Management’s draft IPO papers have triggered social media focus on the pure OFS structure, sponsor exits, employee discount details, and ESOP-linked wealth chatter.
TCFC Finance reported volatile quarterly numbers through FY26, with Q1 FY26 revenue of ₹6.59 crore and profit of ₹1.74 crore amid loss-making quarters.
Solar EPC firm Trom Industries reported Q2 net profit of Rs 4.13 crore, up 109%, with disclosures also showing FY2025 revenue of Rs 93.91 crore and PAT of Rs 4.62 crore.
LTM reported Q1FY27 profit growth and margin expansion, citing a $150 million AI revenue run-rate, a $1.68 billion order inflow, and steady attrition.
Keystone Realtors’ Q1FY27 pre-sales fell 42% to Rs 617 crore due to no new launches, while collections rose to Rs 599 crore alongside new projects and rating actions.
LTIMindtree is set to report Q1FY27 results with a soft quarter expected, flat-to-slightly lower margins near 15.1%, and a recovery projected from Q2 deal ramp-ups.
Power Grid shares edged up on July 10, 2026 after the PSU received an LoI for a TBCB-based ISTS augmentation project spanning Rajasthan substations and Kanpur.
Virtuoso Optoelectronics’ July 12, 2026 EGM cleared a ₹85 crore preferential issue of equity and warrants at ₹356, as the company lines up investor interactions in July.
A renewed US-Iran conflict and the Strait of Hormuz shutdown have disrupted India’s LPG and crude flows, pushing prices higher and forcing urgent sourcing talks with Angola.
The West Asia conflict and Strait of Hormuz disruption have lifted global freight, fuel and war-risk insurance costs, with diversions boosting India-linked spot rates and exporter pressures.
As AI moves from pilots to scale, India’s constraints are shifting to compute, HBM memory and electricity, putting data centres, grids and connectivity at the centre of policy.
Jindal Steel told BSE and NSE that CEO Gautam Malhotra will resign due to personal commitments, effective after business hours on July 15, 2026.