Index of industrial production marks a rise of 4.9% in Apr-26
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First Published: Jun 01 2026 | 7:04 PM IST
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Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Jun 01 2026 | 7:04 PM IST
Sales decline 13.71% to Rs 142.94 crore
Net profit of RMC Switchgears declined 5.89% to Rs 9.27 crore in the quarter ended March 2026 as against Rs 9.85 crore during the previous quarter ended March 2025. Sales declined 13.71% to Rs 142.94 crore in the quarter ended March 2026 as against Rs 165.66 crore during the previous quarter ended March 2025.
For the full year,net profit declined 28.43% to Rs 22.51 crore in the year ended March 2026 as against Rs 31.45 crore during the previous year ended March 2025. Sales rose 26.22% to Rs 401.59 crore in the year ended March 2026 as against Rs 318.16 crore during the previous year ended March 2025.
ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var.Sales142.94165.66 -14 401.59318.16 26 OPM %12.3110.06 –11.7216.73 – PBDT14.2714.64 -3 34.9045.77 -24 PBT12.9513.75 -6 30.3742.66 -29 NP9.279.85 -6 22.5131.45 -28
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First Published: Jun 01 2026 | 6:54 PM IST
Sales rise 10.52% to Rs 74.50 crore
Net profit of Modern Threads (I) rose 21.19% to Rs 3.66 crore in the quarter ended March 2026 as against Rs 3.02 crore during the previous quarter ended March 2025. Sales rose 10.52% to Rs 74.50 crore in the quarter ended March 2026 as against Rs 67.41 crore during the previous quarter ended March 2025.
For the full year,net profit rose 261.72% to Rs 12.19 crore in the year ended March 2026 as against Rs 3.37 crore during the previous year ended March 2025. Sales rose 13.35% to Rs 294.75 crore in the year ended March 2026 as against Rs 260.04 crore during the previous year ended March 2025.
ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var.Sales74.5067.41 11 294.75260.04 13 OPM %5.971.25 –4.620.25 – PBDT7.274.62 57 22.339.26 141 PBT6.093.53 73 17.644.75 271 NP3.663.02 21 12.193.37 262
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First Published: Jun 01 2026 | 6:54 PM IST
To deploy enterprise-grade AI solutions
Black Box and AIONOS, an AI-native enterprise technology company, today announced a strategic alliance to help enterprises accelerate AI transformation; from infrastructure build-out to measurable business outcomes.
The alliance combines Black Box’s expertise in digital infrastructure, including data centers, network connectivity, modern workplace solutions, and managed services, with AIONOS’s applied AI platforms and domain-led solutions, enabling organizations to build, deploy, and manage AI with security and resilience embedded at every layer.
The two companies will jointly collaborate in developing industry-focused solutions and expanding go to-market opportunities across India, North America, EMEA, and APAC. In India, a key focus area will be the rapidly expanding Global Capability Centre (GCC) ecosystem, where the alliance is uniquely positioned to help GCCs build AI-ready infrastructure, deploy enterprise-grade AI solutions, and create intelligent, scalable operations that integrate seamlessly with their global parent organizations.
Tata Motors reported a 17% jump in total commercial vehicle (CV) sales to 32,850 units in May 2026 compared with 28,147 units sold in May 2025.
Sales of heavy commercial vehicle (HCV) trucks surged 11% YoY to 7,877 units in May 2026, while intermediate, light, and medium commercial vehicle (ILMCV) truck sales rose 8% YoY to 5,454 units.
Passenger carrier sales rose 21% YoY to 5,757 units, while SCV cargo and pickup sales jumped 30% YoY to 11,819 units during May 2026 over the year-ago period. Total domestic CV sales increased 19% YoY to 30,784 units in May 2026.
Domestic MH&ICV sales declined 10% to 13,679 units in May 2026 from 12,406 units in May 2025.
Tata Motors (formerly TML Commercial Vehicles) is Indias largest and a globally renowned manufacturer of utility vehicles, pick-ups, trucks, and buses. Its advanced powertrains, connected technologies, and intelligent fleet solutions support a wide range of applicationsfrom last-mile delivery to public transport.
The counter declined 1.55% to settle at Rs 374.25 on the BSE.
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PTC Industries Ltd registered volume of 2.44 lakh shares by 14:14 IST on NSE, a 22.99 fold spurt over two-week average daily volume of 10633 shares
NMDC Steel Ltd, Redington Ltd, Olectra Greentech Ltd, Anant Raj Ltd are among the other stocks to see a surge in volumes on NSE today, 01 June 2026.
PTC Industries Ltd registered volume of 2.44 lakh shares by 14:14 IST on NSE, a 22.99 fold spurt over two-week average daily volume of 10633 shares. The stock rose 12.93% to Rs.18,285.00. Volumes stood at 18835 shares in the last session.
NMDC Steel Ltd saw volume of 1002.33 lakh shares by 14:14 IST on NSE, a 18.16 fold spurt over two-week average daily volume of 55.20 lakh shares. The stock increased 11.54% to Rs.49.77. Volumes stood at 50.76 lakh shares in the last session.
Redington Ltd notched up volume of 311.51 lakh shares by 14:14 IST on NSE, a 9.33 fold spurt over two-week average daily volume of 33.38 lakh shares. The stock rose 5.65% to Rs.237.00. Volumes stood at 53.66 lakh shares in the last session.
Olectra Greentech Ltd registered volume of 28.47 lakh shares by 14:14 IST on NSE, a 6.52 fold spurt over two-week average daily volume of 4.37 lakh shares. The stock rose 4.75% to Rs.1,236.00. Volumes stood at 4.83 lakh shares in the last session.
Anant Raj Ltd recorded volume of 77.78 lakh shares by 14:14 IST on NSE, a 4.98 times surge over two-week average daily volume of 15.63 lakh shares. The stock gained 4.68% to Rs.538.20. Volumes stood at 34.3 lakh shares in the last session.
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