Corporate actions and strong earnings are driving market sentiment this morning. PC Jeweller rallies sharply after clearing over 96% of its debt and posting robust Q1FY27 results. Railtel gains traction with new government infrastructure orders, while Omaxe ticks up after turning profitable for the first time in two years. Here's what's moving.

Shilpa Medicare

• Regulatory: The company initiated a voluntary Class II recall of 27,923 vials of a chemotherapy drug in the US due to potential temporary adverse health consequences. Stock closed at ₹809.80 in the previous session, up 0.06%.
• Corporate action: Detailed TDS rules for its FY26 final dividend of Re. 0.60 per share, with resident individuals facing 10% TDS on dividends exceeding ₹10,000.

Refex Industries

• Promoter pledging: Refex Holding Private Limited pledged 20.9 lakh shares to Northern Arc Capital for collateral against loans, though total encumbered holdings fell to 24.38%. Stock closed at ₹299.45 in the previous session, down 1.09%.

J.G. Chemicals

• Capex: Subsidiary BDJ Oxides acquired 16.74 acres of land in Andhra Pradesh for ₹18.41 crore, adding a significant asset to its portfolio.

EFC (I)

• Fund raise: The board approved a preferential allotment of 19.99 lakh equity shares at ₹270 per share, aggregating ₹54 crore from select investors.
• Expansion: Added a 95,897 sq. ft. managed office facility in Pune’s Koregaon Park Annex, expected to generate over ₹70 crore in revenue.

ONGC

• Infrastructure: Commissioned the Khoraghat gas evacuation facility, linking it to the North East Gas Grid to boost natural gas transmission in the region.
• Deal: Secured a US licence to resume full operations in Venezuela and formed a partnership with Shell Energy India for deepwater exploration and LNG sourcing.

Interarch Building Solutions

• Earnings: FY26 revenue jumped 30.55% YoY to ₹1,89,800 lacs, with PAT rising 24.75% to ₹13,452 lacs. Stock closed at ₹1,725.10 in the previous session, down 0.79%.
• Corporate action: Recommended a final dividend of ₹12.50 per share for FY26, with the AGM scheduled for September 10.
• Management: Accepted the resignation of DGM Safety Sumesh Sehgal effective August 18 due to personal reasons.

PC Jeweller

• Debt reduction: Repaid outstanding debt to one more bank, bringing fully settled lenders to 8 out of 14 and discharging over 96% of total debt. Stock closed at ₹9.62 in the previous session, down 1.74%.
• Earnings: Q1FY27 consolidated revenue rose to ₹877.04 crore, with net profit surging to ₹221.88 crore despite a slight dip in EPS due to increased equity capital.

Omaxe

• Earnings: Posted a consolidated net profit of ₹1.30 crore in Q1FY27, reversing a ₹185.77 crore loss in the same quarter last year. Stock closed at ₹101.93 in the previous session, up 1.09%.
• Regulatory: Received RERA registration for its commercial project PDA Omaxe City in Patiala, Punjab.

Prism Johnson

• Raw material: Secured an additional coal linkage of 1,28,000 TPA from ECL and SECL, expanding total coal linkage to 2,79,400 TPA. Stock closed at ₹104.99 in the previous session, down 0.32%.
• Investor relations: Hosted an analyst meet on August 25 in Mumbai for one-on-one discussions without disclosing UPSI.

Minda Corporation

• Product launch: Subsidiary Minda Instruments received ECMS approval to manufacture Display Module Sub-Assemblies via a greenfield TFT display module facility. Stock closed at ₹745.25 in the previous session, up 2.77%.

Railtel Corporation of India

• Order book: Won a ₹166.80 crore IaaS project extension from EPFO and a ₹63 crore gate automation contract from Deendayal Port Authority. Stock closed at ₹277.15 in the previous session, down 1.00%.

EMS

• Earnings: Held an earnings conference call on August 13 to discuss Q4FY26 financial results, complying with SEBI Regulation 30 disclosures. Stock closed at ₹375.75 in the previous session, up 1.80%.

Jubilant Ingrevia

• Deal: Board approved a binding term sheet to acquire a 40% stake in ZettaOne Technologies for ₹189.2 crore. Stock closed at ₹726.70 in the previous session, down 0.83%.

3I Infotech

• Litigation: Navi Mumbai police deemed its criminal fraud complaint regarding eMudhra disinvestment as civil in nature; the company is seeking legal opinion and filing a complaint with SEBI. Stock closed at ₹24.36 in the previous session, down 4.99%.
• Stake build-up: Capital NxT LLP raised its stake to 9.17% via open-market purchases, triggering SEBI takeover disclosures.

Jet Freight Logistics

• Earnings: Q1FY27 net profit rose 42% YoY to ₹2.53 crore, driven by 49% revenue growth to ₹179 crore. Stock closed at ₹22.43 in the previous session, down 1.32%.
• Expansion: Announced plans to triple ocean freight operations, focusing on India-to-US, India-to-Europe, and Intra-Asia trade corridors.

VMS TMT

• Earnings: Q1FY27 net profit jumped 95% QoQ to ₹4.47 crore, aided by a sharp drop in finance costs. Stock closed at ₹48.63 in the previous session, down 2.45%.
• Guidance: Co-chairman guided for long-term growth in infrastructure demand, highlighting the company's integrated manufacturing model.

Bottom Line

The day is defined by turnaround stories and strategic expansions. PC Jeweller’s debt clearance and Omaxe’s return to profit signal strengthening balance sheets in consumer and realty sectors. Meanwhile, Railtel and Jet Freight Logistics are aggressively scaling operations through new orders and international expansion plans.