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Shares of Tempsens Instruments will list on the stock exchanges today. The IPO received bids for 279.44 crore shares as against 1.51 crore shares on offer. The issue was subscribed 184.07 times. The price band of the IPO was fixed between Rs 285 and 300 per share.
Stocks to Watch:
Wipro announced the expansion of its partnership with Google Cloud to accelerate the enterprise-wide adoption of Gemini Enterprise and agentic AI. Addtionally, the company is scaling its adoption of Gemini Enterprise to equip 10,000 AI-certified specialists, including 1,500 FDEs, with advanced AI capabilities
NBCC (India) announced that it has received multiple work orders from various clients aggregating to Rs 134.27 crore.
Hero MotoCorp’s board approved the purchase of additional equity shares of Ather Energy for a total consideration of Rs 1,758 crore. As of 25 August 2026, the company held a 29.88% stake in Ather Energy. Following the proposed acquisition, Hero MotoCorp’s stake will increase to 32.8%.
Tejas Networks announced that it has received a letter of intent from Tata Consultancy Services (TCS) for the supply of RAN equipment, accessories and installation materials for BSNL’s 4G mobile network covering 18,685 sites. The order is valued at Rs 1,537 crore.
Adani Power announced that its wholly owned subsidiary, Chandenvalle Infra Park (CIPL), has entered into a share purchase agreement with AdaniConneX (ACPL) for the sale of its entire stake in CIPL for a total consideration of Rs 535.69 crore.
Great Eastern Shipping’s board approved a share buyback of up to Rs 900 crore at a price of Rs 1,530 per equity share. As of 21 August 2026, the promoters held a 30.07% stake in the company.
Hero MotoCorp currently holds 29.88% of Ather on a fully diluted basis. Following the purchase, its stake will increase to up to around 32.8%.
The transaction will be completed by 3 September 2026. Hero MotoCorp will pay cash consideration of up to Rs 1,758 crore for the additional shares.
The company said no government or regulatory approvals are required for the transaction. It also said the purchase does not fall under related party transactions.
Ather was incorporated in India on 21 October 2013. It is engaged in designing, manufacturing, selling and servicing electric two-wheelers. It also operates charging infrastructure and provides services related to storage, distribution and management of electric power, including battery energy. The company has a presence across the country.
Ather reported turnover of Rs 3,671.76 crore for FY26, up from Rs 2,255 crore in FY25 and Rs 1,753.8 crore in FY24.
On a consolidated basis, Ather's net loss narrowed to Rs 51.09 crore in Q1 FY27 from Rs 178.23 crore in Q1 FY26 and Rs 100.23 crore in Q4 FY26. Revenue from operations surged 88.8% YoY and 3.6% QoQ to Rs 1,216.92 crore in the quarter ended 30 June 2026.
Adjusted gross margin stood at Rs 282 crore, up 82.3% YoY, although the adjusted gross margin percentage moderated to 22% from 23% a year ago. The company reported positive EBITDA of Rs 9.45 crore in Q1 FY27 against an EBITDA loss of Rs 105.97 crore in Q1 FY26. EBITDA margin improved to 1% from a negative 16% last year.
Srihari Mulgund brings over 24 years of experience across engineering, product development, and strategy planning within the global automotive sector. Having worked extensively across the USA, Japan, China, and India, he has developed deep cross-cultural expertise and a strong understanding of diverse automotive markets. Prior to joining Hero MotoCorp, he was a Partner at EY-Parthenon, where he led high-impact strategic engagements across EV, battery, ICE, supply value chain and new-age mobility ecosystem. His prior experience also includes key roles at Aisin AW, FEV Inc. and serving as President of Ricardo Strategic Consulting, India.
Srihari has authored thought-leadership papers related to battery swapping, software-defined vehicles, alternate battery chemistry, and hydrogen ICE technologies. Combining deep industry knowledge with a strong understanding of technology, market dynamics, and value creation, he will play a pivotal role in shaping and advancing our forward-looking strategic initiatives including our House of Strategy.
Srihari holds a Bachelor's degree in Mechanical Engineering from the National Institute of Engineering, Mysore, an MS from the University of Toledo, and an MBA from the University of Michigan, Ann Arbor.
The company has sold 16.77 lakh units of motorcycles and scooters sold in Q1 FY27, which is higher by 23% on a year-on-year (YoY) basis. The sales volume for the same period last year was 13.67 lakh units.
Revenue from the company's parts, accessories, and merchandising (PAM) business stood at Rs 1,689 crore, thereby recroding a growth of 30% over previous year.
EBITDA improved by 25% YoY at Rs 1,727 crore for Q1 FY27 from Rs 1,382 crore in the same period in the previous year.
VIDA, Hero MotoCorp’s Emerging Mobility Business, continued its strong growth trajectory during Q1 FY27, recording 151% year-on-year growth.
The company’s global business sustained its strong growth momentum during Q1 FY’27, registering an impressive 63% year-on-year growth.
The Harley-Davidson Business also delivered exceptional 105% year-on-year growth in Q1 FY’27 over the same period last year. The Company continued to strengthen the Harley-Davidson retail ecosystem, expanding the network to 21 full-line dealerships nationwide. T
On a consolidated basis, the company has registered 17% fall in net profit to Rs 1,418 crore despite a 35% rise in revenue to Rs 13,126 crore in Q1 FY27 over Q1 FY26.
The company stated that previous year PAT included a onetime gain of Rs 722 crore on account of dilution of the company’s share of investment in associates consequent to public issue and private placement.
Harshavardhan Chitale, chief executive officer, Hero MotoCorp, said: 'We have commenced FY'27 with strong momentum, delivering broad-based growth across our premium, electric mobility, commuter segments and global business.
This performance reflects the strength and diversity of our portfolio, disciplined execution across the organisation, and our relentless focus on delivering superior value to our customers.'
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters. The company’s global footprint spans 52 countries across Asia, Africa, Europe, Central and Latin America.
Hero MotoCorp Ltd gained for a fifth straight session today. The stock is quoting at Rs 5667, up 2.14% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.34% on the day, quoting at 24531.85. The Sensex is at 78434.98, up 0.01%. Hero MotoCorp Ltd has gained around 14.61% in last one month.
Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has gained around 7.33% in last one month and is currently quoting at 29041.3, up 1.09% on the day. The volume in the stock stood at 4.37 lakh shares today, compared to the daily average of 7.11 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 5689, up 1.97% on the day. Hero MotoCorp Ltd is up 26.64% in last one year as compared to a 0.17% slide in NIFTY and a 23.62% slide in the Nifty Auto index.
The PE of the stock is 21.03 based on TTM earnings ending March 26.
Balkrishna Industries Ltd rose 8.88% today to trade at Rs 2265.9. The BSE Auto index is up 0.29% to quote at 61237.2. The index is up 4.52 % over last one month. Among the other constituents of the index, TVS Motor Company Ltd increased 0.9% and Hero MotoCorp Ltd added 0.8% on the day. The BSE Auto index went up 15.35 % over last one year compared to the 4.72% fall in benchmark SENSEX.
Balkrishna Industries Ltd has added 3.82% over last one month compared to 4.52% gain in BSE Auto index and 1.52% rise in the SENSEX. On the BSE, 17958 shares were traded in the counter so far compared with average daily volumes of 18021 shares in the past one month. The stock hit a record high of Rs 2775 on 10 Feb 2026. The stock hit a 52-week low of Rs 1971.5 on 11 Jun 2026.