IPO Alert – M&B Engineering Ltd.
Merchant Banker: DAM Capital
IPO Launch: Scheduled for next week

Company Overview:
M&B Engineering Ltd., headquartered in Ahmedabad, Gujarat, is one of India’s leading providers of Pre-Engineered Buildings (PEBs) and Self-Supported Roofing solutions.

The business operates through two strategic div…[Read more]

Stocks removed from F&O from August Month

ACC
Aarti Ind
Balkrishna Ind
Bsoft
Chambal Fert
Hind Copper
MGL
M&M Finance
PEL
Tata Communications

Stocks removed from F&O from Sept Month

ABFRL
Adani Total Gas
CESC
Granules
IRB Infra
JSL
Poonawalla Fincorp
SJVN

Stock removed from F&O from Oct Month*

Tata Chemicals

Fund Flow Activity:

23 July 2025 (Rs. In Crs.)

Turnover: (NSE + BSE)

F&O Volume: 19244685.25 + 1944705.56 Total: 21189390.81

*Provisional Cash *

FII/FPI: NET SELL: -4209.11
(14475.50 – 18684.61)

DII: NET BUY: +4358.52
(15146.43 – 10787.91)

The long-feared Market Coupling is finally here — starting January 2026.

What it means:
CERC has approved the coupling of the Day-Ahead Market (DAM) — where now power exchanges (like IEX) won’t compete on price discovery. Instead, a common algorithm will decide the best price, and trades will be allocated accordingly.

Why it’s negative for I…[Read more]

Equity Markets & Sector News Update -July 24, 2025

Markets & Macroeconomic Indicators

• India’s composite Flash PMI surged to 61.0 in July—a 14 month high, indicating strength in both manufacturing (58.4) and services (60.7) despite global uncertainties

• Global trade momentum reflected in firm GIFT Nifty and Asian markets—buoyed by U.S.–Japa…[Read more]

Fund House Recommendations – July 24, 2025

🔹 Tech & IT
🟢 Positive

Macquarie on Persistent: Outperform, TP raised to ₹7,330

MOSL on Persistent: Outperform, TP at ₹6,800

Jefferies on Infosys: Buy, TP raised to ₹1,860 (from ₹1,660)

Centrum on Infosys: Buy, TP raised to ₹1,942 (from ₹1,917)

Axis on Infosys: Add, TP raised to ₹1,720 (from…[Read more]

LISTING UPDATE-JULY 23, 2025

MONIKA – SME
IPO PRICE: 286
LOT SIZE – RETAIL: 800
LOT SIZE – HNI: 1200

LISTING PRICE: 288(+2₹,+0.70%)
LISTING GAIN – RETAIL: 1600/-
LISTING GAIN – HNI: 2400/-

IPO Analyst & Brokers Meet | Laxmi India Finance Limited

Date : Wednesday, 23rd July 2025
Time: 05:00 PM.

Venue: Regal Room, Trident Tower, Nariman Point

Company Spokespersons:
Mr. Deepak Baid, MD
Mr. Kuldeep Singh Sikarwar, CBO
Mr. Piyush Somani, CTO

BRLM:
PL Capital Markets Private Limited

About Company

Laxmi India Finance Limited…[Read more]

Earnings Calls – 23 July 2025

Dalmia Bharat – 10:00 AM

InfoBeans Technologies (Webinar) – 10:00 AM

Ideaforge Technology – 11:00 AM

Goodluck India – 12:00 PM

KEI Industries – 12:00 PM

SG Finserve – 12:00 PM

Dynamic Cables – 2:00 PM

United Breweries – 3:00 PM

Aurionpro Solutions (Webinar) – 4:00 PM

DCM Shriram – 4:00 PM

Kirloskar Pneumat…[Read more]

Equity Markets & Sector News Update -July 23 , 2025

MARKET SUMMARY & GLOBAL CUES

• Indian markets poised for a positive start, following gains in Asian peers after the U.S.–Japan trade deal and expectations of U.S.–China discussions in Stockholm

• GIFT Nifty futures are trading ~75 points higher, indicating optimism around earnings and trade m…[Read more]

Laxmi India Finance Limited filed RHP with SEBI

Issue Date : 29 to 31-Jul, 2025
Fresh : 10,453,575 Shares
Ofs : 5,638,620 Shares
Retail : 35%.
Employee: Yes
FV : ₹5

New Mainboard IPO

Sri Lotus Developers and Realty Ltd files RHP

Dates: 30 July to 1 August

Full fresh issue: ₹792 Cr

Retail portion: 35%

FV: ₹1

Earnings Calls – July 22, 2025

PNB Housing Finance – 8:00 AM

Bansal Wire Industries – 11:00 AM

IRB InvIT – 11:00 AM

Sagar Cement (Webinar) – 11:00 AM

Control Print (Webinar) – 12:00 PM

CIE Automotive India – 12:30 PM

Punjab and Sind Bank (Webinar) – 3:30 PM

HSIL – 4:00 PM

Choice International – 4:00 PM

Kajaria Ceramics – 4:00 PM…[Read more]

Earnings Call | Bansal Wire Industries Limited

Details:
Day/Date: Tuesday, (Tomorrow) 22nd July’25
Time: 11:00 AM IST
Universal Access Number :- ‪+91 22 6280 1386‬ / ‪+91 22 7115 8287

Earnings Call | Punjab and Sind Bank
Date & Time: Tuesday, 22nd July 2025 at 03:30 PM IST
Meeting number: 2517 506 7807
Password: Psb@July@2025

Earni…[Read more]

Equity Markets & Sector News Update -July 22, 2025

• Market Overview: Sensex ended +0.54%, Nifty +0.49%, making it two consecutive days of gains. Strong earnings from HDFC Bank and ICICI Bank supported momentum, while Reliance lagged on mixed results.

• Sector Activity: Banking and financials led the market rally. Media and metals also saw gai…[Read more]

Key Highlights: RBI Draft Guidelines on Digital Banking Channels (July 2025)

1. Definitions

Digital Banking Channels: Banking via internet, mobile, or other digital platforms.

Mobile Banking: Services via apps, USSD, or SMS.

View-Only Facility: Allows balance checks and statement views without financial transactions.

2. View-Only…[Read more]