$32 billion foreign capital inflow, L&T's Rs 5,000 cr - 10,000 cr order & more

Monday, 27 July 2026

Jul 27, 2026

Markets closed higher than Friday’s closing point (the highest gain in two weeks). The rise may be due to easing geopolitical tensions as the US halted attacks on Iran over the weekend and led to fall in oil prices.

All sector stocks rose today, led by media stocks and IT stocks.

Global markets: US markets closed mixed on Friday. Most Asian markets rose on Monday. European markets traded higher (as of 6 pm IST).

News

India received foreign capital worth $32 billion so far after measures announced on 5 June, said RBI Governor in media interviews. The current scheme has surpassed the 2013 level of $26 billion in 45 days. Majority of the inflows are through FCNR(B) deposits.
India’s engineering goods exports rose 21% year-on-year in June to $11.48 billion. Shipments to China increased 74% to $361.47 million from a year ago. The US was the largest market for engineering goods at $1.95 billion in June.
Indo MIM IPO was subscribed 72.34 times on day 3. Retail subscription: 6.67 times. IPO closed for subscription.
Lohia Corp IPO was subscribed 7.25 times on day 3. Retail subscription: 2.77 times. IPO closed for subscription.

Stocks Updates

HDFC Bank: completed an internal review of its deposit arrangement with MSRDC in 2017 and 2021. The board imposed a Rs 1 lakh penalty and issued warning letters to the MD & CEO, CFO and other employees involved.
L&T: received a major order worth Rs 5,000 crore -10,000 crore for a housing redevelopment project in Mumbai. The project includes the design and construction of 26 high-rise residential towers, each up to 120 metres tall.
ONGC: commenced drilling its first deepwater exploratory well under the Samudra Manthan mission in the Mahanadi Offshore Basin, located around 23 nautical miles from Konark, Odisha.
BEL: net profit rose 8.70% year-on-year to Rs 1,054.34 crore in the April-June quarter. The board also approved increasing the authorised share capital from Rs 750 crore to Rs 1,000 crore, subject to shareholder approval.
Coal India: net profit rose 0.63% year-on-year to Rs 8,852.11 crore in the April-June quarter. Interim dividend announced: Rs 5.50 per share. Record date: 31 July.
Adani Energy: opened its qualified institutional placement (QIP) with a floor price of Rs 1,698.15 per share. The company may offer a discount of up to 5% on the floor price.
PFC: subsidiary, PFC Consulting Ltd, incorporated a wholly owned SPV, Kushtagi Transmission Ltd, to build a 765kV transmission system in Koppal district, Karnataka.
Tata Power: net profit rose 10.95% year-on-year to Rs 1,175.93 crore in the April-June quarter.

Canara Bank: net profit rose 62.15% year-on-year to Rs 5,180.71 crore in the April-June quarter.
Ashok Leyland: associate, Ashok Leyland John Deere Construction Equipment Company, was voluntarily liquidated after receiving the final dissolution order from the NCLT.
SRF: the Income Tax Department reduced the company’s tax demand for assessment year 2022-23 from Rs 327.44 crore to Rs 9.46 crore after correcting a technical error. The company is considering legal action against the remaining demand..

Word of the Day

Amortisation

It refers to spreading of a cost over a certain period.

Say a company bought a new software license for Rs 100 crore. This license will be used for the next 10 years.

The company may actually spend Rs 100 cr buying the software license.

But in its books, it will show the cost spread over 10 years (for example) so as to ensure the accounting remains even across many years.

Amortisation for accounting purposes is used for intangibles like licenses, patents, rights, etc.

6 Day Course

Theme: bonds
Day 1: Monday

Many investors have started exploring investing in bonds. This week, we’ll try to understand them better.

One of the first things we need to understand as investors is that they are loans.

The bond issuer is essentially borrowing money from you and offering to pay back the entire amount with interest after a certain period.

You (the investor) are giving a loan to the bond issuer (the borrower).

But, bonds are also tradable. This means, you can sell the bond to someone else much before the maturity of the bond. You don’t have to wait for the entire period.

This means, just like shares, you can easily buy/sell existing bonds.

So, just like shares in an IPO, you can subscribe to newly issued bonds.

And, also just like shares, you can buy/sell bonds in the bond markets.

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