India’s food regulator FSSAI has barred Dabur India from selling several products carrying “100% Natural” and “100% Pure”-style claims it deemed misleading, including Dabur Hommade coconut milk. The move cites the FSS (Advertising & Claims) Regulations, 2018, which do not allow such claims for compound foods. Dabur India shares fell 2.42% to Rs 415.50 following the order. The company has been asked to submit an Action Taken Report within 15 days.

Texmaco Rail and Engineering reported June-quarter results with net profit up 66.8% year on year to ₹50 crore, while revenue fell 16.9% to ₹757 crore. EBITDA declined 19.6% to ₹57 crore, and the EBITDA margin was unchanged at 8%. The company also received orders from South Western Railway worth ₹0.74 crore and from Central Warehousing Corporation worth ₹70.72 crores to manufacture and supply BLSS rakes along with a Brake Van.

Anawil Wire and Engineering launched its IPO on August 3 and saw demand exceed supply by 4.42 times on the first day. Investors bid for 2.08 crore shares worth about Rs 562 crore, with QIBs subscribing 7.09 times and retail and NIIs at 4.25 times and 2.79 times, respectively. The grey-market premium rose to around 30%, according to market observers.

Motilal Oswal downgraded Thermax to “Sell” and cut its target price to INR4,000 from INR4,300. The brokerage cited 1QFY27 results that were well below expectations, including nearly INR910m in cost overruns in an industrial infra project and delayed revenue recognition in the industrial products segment. It also flagged that an INR30–40b legacy order book is expected to be completed by 2HFY27, which it said could pressure near-term profitability. Based on this, Motilal Oswal reduced its FY27/FY28 earnings estimates by 20%/3% and revalued the stock at 40x P/E for the core business.

Aditya Birla Capital (ABCAP) reported 1QFY27 consolidated revenue up 29% year-on-year to about INR147b and consolidated net profit up about 40% to INR11.8b. Its lending book rose 32% year-on-year to INR2.19t, while total AUM across mutual funds, life insurance and health insurance increased about 36% to INR7.53t. The company also raised INR40b in equity growth capital from promoters and the International Finance Corp.

India’s quick-commerce company Zepto has paused its planned IPO and is instead pursuing a smaller pre-IPO fundraising. Following the shift, its unlisted shares fell 23% over five trading sessions, with grey-market pricing implying a valuation of under $3.5 billion. The implied valuation is down from around $5 billion about a month ago, and the stock is nearly 60% below its peak of nearly Rs 68 a share in December 2025.

India’s Supreme Court declined to hear Indian Energy Exchange’s (IEX) appeal on market-coupling regulation, affirming the Central Electricity Regulatory Commission’s (CERC) authority to push the mechanism. Since 2024, CERC has cleared a shadow pilot led by the Grid Controller of India, with IEX, PXIL and HPX rotating as the market-coupling operator. From January 2026, the Grid Controller of India is set to aggregate prices across power trading platforms and publish a single reference price. The ruling weakens IEX’s pricing power and independent role in spot power trading, sending the stock down more than 4% in a single session.

Ashok Leyland shares climbed 3.26% to Rs 171.60 in early trade on Monday. For the year ending March 2026, the company reported consolidated revenue of Rs 56,362.08 Crore, up 16.1% year on year, while net profit rose 9.5% to Rs 3,669.36 Crore. Net profit for the March 2026 quarter came in at Rs 1,346.73 Crore, up 9.1% from a year earlier. The company announced interim dividends of Rs 1.00 per share (100%) in November 2025 and Rs 2.50 per share (250%) in June 2026, and the stock is a constituent of the NIFTY MIDCAP 150 index.

Hyundai Motor India (HYUNDAI) shares rose 2.19% in early trading to Rs 2,228.40. The company reported revenue of Rs 16,334.63 Crore and net profit of Rs 888.62 Crore for the quarter ended June 2026, both lower than the previous quarter. It also announced a final dividend of Rs 21 per share (210%) for FY2025-26, with August 05, 2026 set as the record date. The dividend announcement was cited as the immediate catalyst for the stock’s rise.