In the past two trading days, Shanthi Gears zoomed 42% after Tube Investments of India acquired 2.06 million equity shares via block deal on Friday, August 21, 2026.
The buying momentum came after the logistics solutions provider announced that it had signed a pact with Japan-based Sankyu Inc to collaborate across supply chain and engineering services.
Welspun Corp share price hit a fresh high of ₹2,400 on the BSE, up 4 per cent against the last closing price of ₹2,306.40.
Gunender Kapur was appointed MD and CEO for a period of three years, with effect from June 27, 2024. His existing term of three years is due to expire on June 26, 2027.
In the commodity market, oil prices eased, with Brent crude futures down 1.29 per cent at $93.17 and the US West Texas Intermediate crude lower by 1.38 per cent at $85.86.
Analysts attributed the rise in MCX shares to its leadership position in the commodity segment. Notably, MCX has maintained over 98 per cent market share by value in commodity derivatives.
Tube Investments of India has acquired 20,64,713 shares of face value of ₹1 each of Shanthi Gears Ltd for about ₹77.49 crore. With this, Tube Investments' stake in SGL has increased to 73.16 per cent
Ambit Capital has initiated coverage on Dhoot Transmission with a 'Buy' rating and a target price of ₹1,598, implying an upside of around 14 per cent from the previous close of ₹1,404.
The board of Goodluck India has approved August 21 as the record date for determining the eligibility of the shareholders entitled to the issuance and allotment of bonus equity shares of the company.
Jefferies initiated coverage on Turtlemint Fintech Solutions with a 'Buy' rating and a target price of ₹190. The target implies a 37 per cent upside from the stock's previous close of ₹138.92.
Aster DM Quality Care was formed by the merger of Aster DM Healthcare and Quality Care India Limited (QCIL). The merger brought together four healthcare brands.
Following the earnings announcement, Elara lowered the earnings per share (EPS) estimates by 8 per cent for FY28 as near-term margin pressures persist due to geopolitical tensions.
JM Financial has upgraded PhysicsWallah to 'Buy' from 'Add' after the Q1 results for a target price of ₹140.
Physicswallah, Bharat Dynamics, 3M India, Ashok Leyland and NMDC are among the companies announcing their Q1FY27 results today.
Thyrocare Technologies shares: So far this year, the stock rallied 37 per cent, outperforming the BSE Sensex, which has lost 8.5 per cent.
According to Motilal Oswal Financial Services (MOFSL), Astral delivered a mixed first quarter, but missed its estimates by 5-13 per cent.
A sentiment knock across the pack was the realistic expectation, said Anirudh Garg, Fund Manager and Partner, INVasset PMS, with the magnitude inversely proportional to succession clarity.
Post quarterly earnings, analysts at Motilal Oswal Financial Services have retained a 'Neutral' rating on Senco Gold with a target price of ₹404.
Notably, Swan Defence acquired Reliance Naval and Engineering in 2023, and shares of the shipbuilding and heavy engineering firm recommenced trading on the bourses in January 2025.
Triveni Turbine has reported a net profit of ₹51.1 crore in Q1FY27, down 20 per cent from ₹64.4 crore posted in the year-ago period.