Summary: International commodity markets traded mostly higher in early deals. Gold futures rose 0.60% to $4,115.15, while spot XAU/USD edged up 0.11% to $4,059.88, indicating steady safe-haven demand. Silver outperformed, advancing 1.74% to $58.865, supported by broad strength across precious metals. Copper gained a modest 0.12% to $6.5512. Energy prices were also firm, with WTI crude climbing 0.78% to $80.97 and Brent crude rising 1.07% to $84.44, reflecting stronger buying interest in global oil markets. Natural gas was the lone laggard, slipping 0.07% to $2.774. Overall sentiment remained positive across metals and crude oil, with silver and Brent leading the gains.
The following companies are scheduled to announce their quarterly earnings today (August 4, 2026):
HCLTech: Completed the acquisition of Hewlett Packard Enterprise’s Communications Technology Group assets, strengthening its telecommunications solutions portfolio and engineering capabilities.
Signpost India: Reported June-quarter consolidated revenue from operations of ₹1.52 billion and net profit of ₹186.9 million.
Jupiter Wagons: Announced a strategic partnership with Lucchini RS Holding for its Odisha railway components facility, enabling end-to-end production of wheels, axles and wheelsets. Lucchini RS and SIMEST will acquire a combined stake valued at around €28 million. Jupiter Wagons also acquired the remaining 1.94% stake in Jupiter Tatravagonka Railwheel Factory for ₹165.3 million.
KEI Industries: Approved an investment of ₹7 billion for capacity expansion at its new Salarpur unit in Rajasthan. The company reported June-quarter consolidated revenue from operations of ₹31.85 billion.
Zensar Technologies: Registered 1.1% sequential constant-currency revenue growth during the first quarter of FY2027.
Atishay: Received a ₹17.3 million work order from Jaipur Central Cooperative Bank.
PC Jeweller: Cleared outstanding dues to two additional consortium lenders under its settlement agreement, taking the number of consortium banks fully repaid to seven out of 14.
SAMHI Hotels: Approved the acquisition of Itmenaan Lodges for ₹120 million and reported June-quarter consolidated revenue of ₹3.05 billion and net profit of ₹182.5 million. The company also approved an enabling resolution to raise up to ₹7.5 billion.
IREDA: Reported consolidated interest income of ₹21.99 billion for the first quarter.
Sambhv Steel Tubes: Reported June-quarter consolidated revenue from operations of ₹7.32 billion.
Accord Transformer & Switchgear: Secured a transformer supply order worth ₹5.1 million.
360 ONE WAM: Its subsidiary received certification from the International Financial Services Centres Authority to operate as a registered retail fund management entity.
SBI Funds Management: Reported June-quarter consolidated net profit of ₹8.8 billion and revenue from operations of ₹11.53 billion, marking a profit increase in its first results following the IPO. The board also approved an investment of up to ₹250 million in SBI Funds International (IFSC).
VVIP Infratech: Announced a project valued at ₹1.98 billion.
Simplex Castings: Received a ₹70.8 million order from Rashtriya Ispat Nigam.
MakeMyTrip: Reported first-quarter FY2027 revenue of $285.6 million, up 16.1% year-on-year in constant currency. Gross bookings rose 19.9% to $2.85 billion, while adjusted diluted earnings stood at $0.53 per share.
Krishna Institute of Medical Sciences: Entered into a draft agreement and call-option arrangement with Golden LAN and Sarwottam Healthcare, indicating a potential strategic investment or acquisition opportunity.
Hubtown: Reported June-quarter consolidated revenue of ₹1.56 billion and net profit of ₹249.2 million. The board also approved raising up to $150 million through foreign currency convertible bonds or equity-linked securities.
Power Finance Corporation: Transferred Ananthpuram Transmission to Apraava Energy for ₹196.2 million and Krishnagiri REZ Transmission to Power Grid Corporation for ₹198.2 million.
Gulf Oil Lubricants India: Reported June-quarter consolidated revenue of ₹13.27 billion and net profit of ₹1.23 billion.
DOMS Industries: Reported June-quarter consolidated revenue from operations of ₹6.71 billion and net profit of ₹444.9 million.
Dr Agarwal’s Eye Hospital: Reported June-quarter revenue from operations of ₹1.43 billion and net profit of ₹233.8 million.
Artemis Medicare Services: Reported June-quarter consolidated revenue of ₹2.87 billion and net profit of ₹313.1 million. The company also approved a ₹1.6–1.8 billion expansion of Tower IV at its flagship Gurugram hospital.
Thomas Cook India: Reported June-quarter revenue from operations of ₹8.28 billion and net profit of ₹587.2 million.
Praj Industries: Its subsidiary signed an exclusive supply agreement for hyperscale data-centre projects.
Torrent Power: Reported first-quarter consolidated revenue from operations of ₹81.24 billion and net profit of ₹6.39 billion.
DLF: Reported June-quarter consolidated revenue from operations of ₹12.8 billion and net profit of ₹7.94 billion.
Great Eastern Shipping: Reported June-quarter consolidated revenue of ₹20.05 billion and net profit of ₹13.09 billion. The company declared a dividend of ₹14.40 per share.
Jindal Stainless: Reported higher quarterly profit as improved realisations offset lower volumes. Management expects overall exports to increase despite declining shipments to the European Union.
Patel Integrated Logistics: Reported June-quarter consolidated operating income of ₹1.14 billion and net profit of ₹25.1 million.
Parth Electricals & Engineering: Secured new domestic orders worth ₹700 million.
GPT Healthcare: Reported June-quarter revenue of ₹1.26 billion and profit after tax of ₹127.3 million.
Biocon: Announced the US commercial launch of Yesafili, its biosimilar version of Regeneron’s Eylea 2 mg.
Amir Chand Jagdish Kumar Exports: Reported June-quarter consolidated revenue from operations of ₹6.64 billion and profit from continuing operations of ₹366.3 million.
Kansai Nerolac Paints: Announced major capacity additions across its Sayakha, Hosur and Bawal facilities, covering industrial paints, automotive paints, thinners, powder coatings and industrial resins. Planned investments include ₹610 million for resins, ₹1.28 billion for powder coatings, ₹650 million at Hosur, ₹2.04 billion at Sayakha and ₹1.43 billion at Bawal. The company reported June-quarter consolidated revenue of ₹23.74 billion and net profit of ₹2.32 billion.
Nexus Select Trust: Reported June-quarter consolidated revenue of ₹6.81 billion and profit of ₹1.57 billion. The REIT declared a distribution of ₹2.442 per unit.
Texmaco Rail & Engineering: Reported June-quarter consolidated revenue from operations of ₹7.57 billion and net profit of ₹500.4 million.
NIS Management: Secured a ₹79.3 million project in Odisha.
Ather Energy: Reported a narrower quarterly loss, supported by firm electric-scooter demand.
Escorts Kubota: Reported an increase in adjusted quarterly profit, aided by stronger demand.
GlaxoSmithKline Pharmaceuticals: Reported first-quarter consolidated revenue of ₹9.38 billion and profit of ₹2.37 billion.
Stove Kraft: Reported June-quarter revenue from operations of ₹4.81 billion and profit of ₹170.6 million.
Dabur India: The Food Safety and Standards Authority of India directed the company to immediately stop selling food products carrying allegedly misleading “100%” claims, creating a regulatory and labelling-related overhang.
Diesel and Aviation-Fuel Exporters: India increased the windfall tax on diesel exports to ₹24 per litre from ₹15.50 and on aviation turbine fuel exports to ₹22 per litre from ₹14.50, effective August 3. The higher levies may reduce export realisations for refiners.
Diageo and Inbrew: Indian authorities reportedly prohibited the sale of certain liquor products over the use of artificial flavouring, raising regulatory and inventory risks for the affected brands.
Zelio E-Mobility: Received a demand-cum-show-cause notice from Customs authorities in Delhi.
United Spirits: Filed a writ petition challenging an FSSAI order concerning product labels. Although the company said there were no material operational or financial implications, the matter creates a regulatory overhang.
Bharat Gears: Reported June-quarter revenue from operations of ₹2.16 billion but a marginal profit of only ₹1.5 million.
Aspira Pathlab & Diagnostics: Managing Director Pankaj Jashwant Shah resigned from his position.
Dharni Capital Services: The company and Managing Director Hemant Dharnidharka received an Enforcement Directorate complaint. Management said there was no immediate material impact on financial or operational activities.
DCW: Suspended operations at its Dhrangadhra plant due to flooding and heavy rainfall. Normal operations are expected to resume in approximately 10–15 days, subject to weather conditions and restoration work.
Restaurant Brands Asia: Reported a June-quarter loss of ₹31.74 million on revenue from operations of ₹6.83 billion.
Sampark India Logistics: Chief Financial Officer Sudarshan Jain resigned.
Jindal Stainless: Management said severe disruption in industrial-gas availability during the initial weeks of the first quarter, caused by the Middle East conflict, resulted in lower production volumes.
Life Insurance Corporation of India: The government announced an offer for sale of a 2.5% stake, with an additional greenshoe option. The issue opens first for non-retail investors and subsequently for retail investors, with the floor price fixed at ₹382 per share.
Inventure Growth & Securities: Reappointed Kanji B. Rita as Managing Director for a further term of three years.
Atal Realtech: The board will consider raising funds through the issuance of securities.
IndusInd Bank: Appointed Mini Ipe as a non-executive independent director effective August 3, 2026.
Arvind: Fixed the floor price for its qualified institutional placement at ₹518.58 per share.
ACS Technologies: Will consider issuing equity shares on a preferential basis.
Gradiente Infotainment: Approved raising funds through an equity-share issue of up to ₹10 million.
Kalpataru: Reported June-quarter consolidated revenue from operations of ₹4.72 billion.
Jain Resource Recycling: Reported June-quarter consolidated revenue from operations of ₹27.24 billion.
Inox India: Reported June-quarter consolidated revenue from operations of ₹3.71 billion.
Unimech Aerospace and Manufacturing: Approved raising up to ₹7.5 billion through a qualified institutional placement.
Sanathan Textiles: Reported June-quarter consolidated revenue from operations of ₹13.35 billion.
Adani Green Energy: Ardour Investment Holding sold 17 million shares through a block deal on the NSE, while Adani Infra India acquired an equivalent number of shares. The transaction represents a change in ownership without an immediate impact on the company’s operations.
Mirza International: Reappointed Tauseef Ahmad Mirza as Managing Director.
Leo Dryfruits & Spices Trading: The board will consider fundraising proposals at its meeting scheduled for August 8.
Virgo Global: Appointed Payal Jain as Chief Financial Officer effective August 3, 2026.
Patel Integrated Logistics: Chief Financial Officer Mahesh Fogla ceased to hold office; the management change accompanies the company’s quarterly financial announcement.
Restaurant Brands Asia: Approved an investment of IDR 1 million in PT Sari Burger Indonesia.
Kaya: Appointed Rishabh as Managing Director for five years effective November 1, 2026.
GlaxoSmithKline Pharmaceuticals: Reappointed Bhushan Akshikar as Managing Director.
Venezuelan Oil Exports: Venezuela’s total oil exports declined marginally to approximately 1.16 million barrels per day in July. Shipments to India fell to around 178,000 barrels per day and exports to Europe declined to approximately 82,200 barrels per day, while shipments to the United States increased to about 786,000 barrels per day.
Cotton: Futures declined due to weaker crude-oil prices and profit-booking.
Cocoa: Futures advanced as market attention remained focused on crop prospects and the global supply outlook.
Reserve Bank of India: Published the status of applications processed under its Citizens’ Charter as of July 31, 2026.
RBI Leadership: Appointed Monisha Chakraborty as a new Executive Director.
Government Securities: The Reserve Bank announced the sale of ₹110 billion worth of 7.71% Government of India bonds maturing in 2066.
Government Bond Market: India’s benchmark 10-year government bond yield ended unchanged at 6.8343%.
SEBI Leadership: Prasanta Mahapatra assumed charge as an Executive Director of the Securities and Exchange Board of India.
SEBI PaRRVA Framework: Extended the deadline for investment advisers and research analysts to enrol with the Past Risk and Return Verification Agency to September 3, 2026.
Muthoot Microfin Restructuring: SEBI exempted Muthoot family trusts from making an open offer for Muthoot Microfin in connection with an internal restructuring.
SEBI Enforcement: Issued an adjudication order in the matter of Decillion Finance and a final order involving Mohit Gupta, proprietor of Safe Trading.
Closing Auction Mechanism: NSE said it was not facing a trading glitch after price divergence emerged between NSE and BSE following the rollout of the new closing-auction system. The displayed Nifty level reflected the day’s closing value pending a final system update.
Indian Equity Market: The Nifty 50 was indicated 1.6% higher at 24,774.30 around the closing period, while the BSE Sensex closed approximately 0.7% higher.
Indian Rupee: The rupee ended broadly unchanged as importer hedging demand offset relief from softer crude-oil prices.
Offshore Funds: India proposed tax relief for offshore investment funds using locally based fund managers, potentially improving the country’s attractiveness as a fund-management jurisdiction.
Alembic Ltd, Andhra Paper Ltd, Balkrishna Industries Ltd, Bosch Ltd, Container Corporation of India Ltd, Eveready Industries Ltd, Greenply Industries Ltd, Hind Rectifiers Ltd, C.E. Info Systems Ltd, Mysore Petrochemicals Ltd, PCBL Chemicals Ltd, Sonam Ltd, TCPL Packaging Ltd, The Grab Tea Company Ltd.
