Financial News
GMM Pfaudler Gains 1.33%, Acquires Brazil’s SEMCO for RS. 158 Crore
GMM Pfaudler is currently trading at RS. 1257.50, up by 16.50 points or 1.33% from its previous closing of RS. 1241.00 on the BSE.
The stock opened at RS. 1226.15 and touched an intraday high of RS. 1281.75 and a low of RS. 1226.15. So far, 12,142 shares have been traded on the counter.
This BSE group 'A' stock, with a face value of RS. 2, recorded a 52-week high of RS. 1530.80 on August 28, 2024, and a 52-week low of RS. 953.00 on April 7, 2025. Over the past week, the stock’s high and low stood at RS. 1281.75 and RS. 1181.80, respectively. The company’s current market capitalization is RS. 5668.21 crore.
The promoter holding in the company stands at 25.18%, while institutions and non-institutions hold 36.17% and 38.65%, respectively.
In a strategic move, GMM Pfaudler, through its wholly owned subsidiary Pfaudler, Brazil, signed an agreement on July 3, 2025 (Brasilia Time), to acquire 100% share capital of SEMCO Tecnologia em Processos, Brazil (SEMCO).
The acquisition, valued at $18.5 million (RS. 158 crore) on a cash and debt-free basis, is expected to strengthen GMM Pfaudler’s Mixing Technologies platform and expand its reach into South American markets. The deal is expected to close in Q2 FY26.
GMM Pfaudler is a global leader in supplying engineered equipment and systems for critical applications in the chemical, pharmaceutical, food, and energy industries.
KP Green Engineering Shares Rise; Secures New Orders Worth RS. 52.31 Crore Across Segments
KP Green Engineering is currently trading at RS. 538.00, up by 5.05 points or 0.95% from its previous closing of RS. 532.95 on the BSE.
The stock opened at RS. 535.00 and recorded a high of RS. 542.00 and a low of RS. 526.10. So far, 32,500 shares have been traded on the counter.
A BSE group 'MT' stock with a face value of RS. 5, KP Green Engineering hit a 52-week high of RS. 768.85 on November 6, 2024, and a 52-week low of RS. 340.00 on April 7, 2025. Over the past week, the stock’s high and low stood at RS. 543.90 and RS. 515.00, respectively. The company’s current market capitalization is RS. 2690.00 crore.
The company’s shareholding pattern shows promoters holding 66.60%, while institutions and non-institutions hold 0.71% and 32.70%, respectively.
KP Green Engineering recently secured confirmed new orders worth RS. 52.31 crore across five segments. This includes RS. 11.57 crore in the solar projects segment for fixed tilt and tracker-type module mounting structures, and RS. 17.31 crore in the transmission towers segment for 33/66/220KV network projects.
In addition, the company received RS. 0.46 crore in the crash barriers segment for railway track fencing and others, RS. 3.97 crore in rooftop solar projects, and RS. 19 crore in the heavy engineering segment for its first major order for the Chennai Metro project. This landmark order will be executed at the company’s flagship Matar plant and is scheduled for completion in FY 2026.
KP Green Engineering, a flagship company of KP Group (formerly KP Buildcon), is engaged in fabrication, galvanizing, fault rectification, optical fiber cable patrolling, solar rooftop installation, mobile tower manufacturing, and turnkey services for the mobile and renewable energy industries.
Techknowgreen Solutions Hits Upper Circuit at RS. 172.75; Bags RS. 7.86 Crore Air Quality Management Order
Techknowgreen Solutions is locked at its upper circuit limit at RS. 172.75, rising by 3.35 points or 1.98% from its previous closing of RS. 169.40 on the BSE.
The stock opened at RS. 172.75 and recorded the same level as both its intraday high and low. A total of 2000 shares have been traded so far.
Classified under BSE group 'MT', the stock with a face value of RS. 10 touched a 52-week high of RS. 360.00 on July 5, 2024, and a 52-week low of RS. 125.60 on March 28, 2025. In the past week, the stock traded between RS. 179.90 and RS. 169.40. The company's current market capitalization stands at RS. 127.54 crore.
The promoter holding in the company stands at 65.58%, while non-institutional investors hold 34.42%.
In a significant development, Techknowgreen Solutions has secured a sub-contract work order worth RS. 7.86 crore from the Gujarat Institute of Desert Ecology (GUIDE). The contract involves continuous air quality management, including the installation of two Continuous Ambient Air Quality Monitoring System (CAAQMS) units, along with a three-year comprehensive maintenance contract.
Techknowgreen Solutions is actively involved in environmental consulting and infrastructure planning, offering sustainable and economically viable solutions to address challenges related to the environment and climate change.
Vedanta Shares Edge Up; Reports Mixed Production Numbers for Q1 FY26
Vedanta is currently trading at RS. 458.65, up by 0.30 points or 0.07% from its previous closing of RS. 458.35 on the BSE.
The stock opened at RS. 461.40 and touched an intraday high of RS. 463.50 and a low of RS. 455.25. So far, 4,61,095 shares have been traded on the counter.
The BSE group 'A' stock, with a face value of RS. 1, hit a 52-week high of RS. 527.00 on December 16, 2024, and a 52-week low of RS. 362.20 on April 7, 2025. Over the past week, the stock traded between RS. 474.95 and RS. 455.25. The company's current market capitalization stands at RS. 1,79,349.95 crore.
Promoters hold 56.38% of the company’s shares, while institutions and non-institutions hold 27.48% and 16.14% respectively.
Vedanta reported a marginal 1% rise in total aluminium production at 605 thousand tonnes in Q1 FY26, up from 596 thousand tonnes in the same quarter last year. However, domestic zinc mined metal production declined 5% to 250 thousand tonnes in Q1 FY26 from 262 thousand tonnes a year earlier. In contrast, international zinc mined metal output surged 50% to 57 thousand tonnes from 38 thousand tonnes in the same period last year.
Saleable iron ore production grew 42% to 1.8 million tonnes in Q1 FY26 versus 1.3 million tonnes last year. Finished steel production, however, dipped 2% to 3,49,000 tonnes from 3,56,000 tonnes year-on-year. The company’s power sales in Q1 FY26 dropped 10% to 4,289 million units, compared to 4,791 million units in Q1 FY25.
Vedanta is a diversified natural resources company with operations spanning oil & gas, zinc-lead-silver, copper, iron ore, aluminium, and commercial power.
Marathon Nextgen Realty Gains After Successful QIP Worth RS. 900 Crore
Marathon Nextgen Realty is trading at RS. 660.60, up by 8.60 points or 1.32% from its previous close of RS. 652.00 on the BSE.
The stock opened at RS. 653.00 and has touched an intraday high of RS. 667.15 and a low of RS. 651.75. So far, 32,610 shares have been traded on the counter.
The BSE group 'B' stock with a face value of RS. 5 has recorded a 52-week high of RS. 736.40 on September 23, 2024, and a 52-week low of RS. 352.05 on March 11, 2025. In the past week, the stock's high and low stood at RS. 668.25 and RS. 633.95, respectively. The company's current market capitalization is RS. 3385.63 crore.
Promoters hold 73.63% of the company, while Institutions and Non-Institutions hold 4.70% and 21.67%, respectively.
Marathon Nextgen Realty (MNRL) has successfully completed a Qualified Institutions Placement (QIP), raising RS. 900 crore (approximately $105 million). The funds will be used as growth capital to expand the company’s development pipeline and invest in high-potential projects across the Mumbai Metropolitan Region. The capital infusion is expected to strengthen the company's financials, reducing its net debt-to-equity ratio from the current 0.46.
The QIP involved the issuance of 1,62,12,406 equity shares at RS. 555.13 per share (face value RS. 5 each) and closed on June 30, 2025. The offering saw strong interest from top institutional investors including Quant Mutual Fund, Kotak Alternate Asset Managers, and Samco Mutual Fund. Post-issue, the Foreign Institutional Investor (FII) stake rose to 9.9%, while Domestic Institutional Investor (DII) holding increased to 16.66%.
Marathon Nextgen Realty continues to focus on residential and commercial development projects.
KPI Green Energy Rises to RS. 518.30; Incorporates New Renewable Energy SPV
KPI Green Energy is currently trading at RS. 518.30, up by 3.70 points or 0.72% from its previous close of RS. 514.60 on the BSE.
The stock opened at RS. 517.70 and touched an intraday high of RS. 521.35 and a low of RS. 513.40. A total of 8774 shares have been traded so far on the counter.
The BSE group 'A' stock with a face value of RS. 5 had recorded a 52-week high of RS. 744.37 on August 12, 2024, and a 52-week low of RS. 312.95 on January 29, 2025. Over the past week, the stock has moved between RS. 537.15 and RS. 491.70. The company’s current market capitalization stands at RS. 10241.01 crore.
Promoters hold 48.78% stake in the company, while institutional investors and non-institutional investors hold 9.64% and 41.58% respectively.
KPI Green Energy has incorporated a new Special Purpose Vehicle (SPV) named ‘KPIN Clean Power Three LLP’. The Ministry of Corporate Affairs approved the incorporation of the SPV on July 2, 2025.
The SPV’s objective is to generate, develop, transform, distribute, transmit, sell, and supply power using wind, solar, or other renewable energy sources.
KPI Green Energy, formerly known as K.P.I. Global Infrastructure, is a solar power generation company operating as both an Independent Power Producer (IPP) under the brand ‘Solarism’ and a service provider to Captive Power Producer (CPP) clients.
Indogulf Cropsciences Lists Flat at RS. 111.00; Stock Sees Moderate Trading Volume
Indogulf Cropsciences made a flat debut on the stock market, listing at its issue price of RS. 111.00 per share.
The scrip is currently trading unchanged at RS. 111.00. During the day, it touched a high of RS. 112.60 and a low of RS. 105.45. A total of 4.35 lakh shares have been traded on the counter so far.
The IPO, open for subscription from June 26 to June 30, 2025, was subscribed 25.98 times. The issue was priced at RS. 111.00 per share, which is the upper end of the price band of RS. 105–111.
Established in 1993, Indogulf Cropsciences operates across three core business segments—crop protection, plant nutrients, and biological products—offering agricultural solutions to both retail and institutional customers to boost crop productivity.
Alembic Pharmaceuticals Rises Over 1%, Subsidiary to Acquire US-based Utility Therapeutics
Alembic Pharmaceuticals is currently trading at RS. 1000.60, up by 10.95 points or 1.11% from its previous close of RS. 989.65 on the BSE.
The stock opened at RS. 999.05 and hit an intraday high of RS. 1010.00 and a low of RS. 980.00. So far, 20,842 shares have been traded on the counter.
Classified under BSE group 'A', the stock with a face value of RS. 2 had touched a 52-week high of RS. 1296.15 on October 9, 2024, and a 52-week low of RS. 725.60 on March 3, 2025. In the past week, the scrip recorded a high of RS. 1107.80 and a low of RS. 963.75. The current market capitalization of the company stands at RS. 19539.36 crore.
Promoters hold 69.67% of the company's shares, while institutional and non-institutional investors hold 20.37% and 9.96% respectively.
In a significant move, Alembic Pharmaceuticals’ wholly-owned subsidiary, Alembic Pharmaceuticals Inc., is set to acquire US-based Utility Therapeutics (Utility). The acquisition aims to commercialize both an approved product and a pipeline product owned by Utility in the U.S. market. The transaction, valued at around $12 million, will be completed in a staggered manner within 30 days based on milestone achievements.
Alembic Pharmaceuticals, established in 1907, is a vertically integrated research and development-driven pharmaceutical company at the forefront of healthcare innovation.
Garment Mantra Lifestyle Gains 2.89%, Subsidiary Secures RS. 10.13 Crore Export Order
Garment Mantra Lifestyle is currently trading at RS. 1.78, up by 0.05 points or 2.89% from its previous close of RS. 1.73 on the BSE.
The stock opened at RS. 1.73 and touched an intraday high of RS. 1.80 and a low of RS. 1.73. A total of 4,48,623 shares have been traded so far.
Classified under the BSE group 'T', the stock with a face value of RS. 1 has recorded a 52-week high of RS. 2.98 on July 15, 2024, and a 52-week low of RS. 1.05 on March 13, 2025. During the past week, the scrip hit a high of RS. 1.82 and a low of RS. 1.70. The company's current market capitalization is RS. 106.02 crore.
The promoter holding in the company stands at 30.18%, while institutional and non-institutional investors hold 0.30% and 69.52% respectively.
In a significant development, the company's wholly-owned subsidiary, Hylex Fashion, has received an export order from AL Rahmat Textiles L.L.C. for dress materials and fabrics worth approximately RS. 10.13 crore (USD 11,83,900). The order is scheduled to be executed by March 31, 2026.
Garment Mantra Lifestyle is primarily engaged in the manufacturing and sale of garments and knitted fabrics.
CSB Bank Shares Rise Over 2%, Reports Strong Q1FY26 Growth in Advances and Deposits
CSB Bank is currently trading at RS. 398.85, up by 7.85 points or 2.01% from its previous closing of RS. 391.00 on the BSE.
The stock opened at RS. 401.85 and recorded an intraday high and low of RS. 401.85 and RS. 391.10, respectively. A total of 11,157 shares have been traded so far.
The BSE group 'A' stock, with a face value of RS. 10, touched a 52-week high of RS. 408.65 on July 1, 2025, and a 52-week low of RS. 266.05 on March 5, 2025. Over the past week, the stock ranged between a high of RS. 408.65 and a low of RS. 390.05. The company’s market capitalization currently stands at RS. 6922.95 crore.
The promoter holding in the bank is 40.00%, while institutions and non-institutions hold 29.90% and 30.10%, respectively.
As per provisional data for Q1FY26 (June 30, 2025), CSB Bank’s gross advances rose 32.05% year-on-year to RS. 33,142 crore, compared to RS. 25,099 crore as of June 30, 2024. Total deposits grew 20.29% year-on-year to RS. 35,990 crore, up from RS. 29,920 crore.
Term deposits reached RS. 27,525 crore as of June 30, 2025, marking a 22.49% increase from RS. 22,471 crore a year ago. CASA deposits rose 14% year-on-year to RS. 8,465 crore, compared to RS. 7,449 crore.
CSB Bank, one of India's oldest private sector banks, serves a range of sectors through its SME banking division, including financial institutions, agriculture and allied businesses, and corporate vendor networks.