Market Updates for 1st September 2025: Investment Opportunity: Dalmia Bharat (INR 2,402)
In today's business news, RBL Bank has received approval to raise funds worth up to Rs 3,500 crore through Qualified Institutional Placement and Rs 3,000 crore via debt securities. Meanwhile, H.G. Infra Engineering has allotted Rs. 400 Crore Non-Convertible Debentures on a private placement basis.
In the automotive sector, several companies have reported positive growth in August 2025. Hero Motocorp saw a 7% increase in auto sales, with 5.5 lakh units sold. Ashok Leyland and TVS Motors also experienced growth, with sales up by 9% and 18% respectively. Maruti, Bajaj Auto, M&M Auto, and Eicher Motors RE also reported marginal increases in sales.
The manufacturing sector also showed signs of recovery, with the Final Manufacturing PMI for India expected to be 59.8, up from 59.1 in the previous month. The EU Final Manufacturing PMI remained stable at 50.5.
Several companies have announced earnings for September 1, 2025, including BCG, HILINFRA, and Titan Company Ltd. CARE Ratings has reaffirmed credit ratings for long-term bank facilities and short-term facilities for Titan Company Ltd.
In personnel news, Debal Dutt has resigned as chief marketing officer of Intellect Design, effective Aug. 31. Mrs. Sheetal Mandar Bhalerao has been re-appointed as Managing Director and Chairperson of Wardwizard Foods.
There have been several changes in company leadership as well. Kirloskar Industries' Chief Financial Officer, Anandh Baheti, has resigned, effective Aug 29, 2025. Simbhaoli Sugars' Independent Director, Mr. Raghav Sharma, also resigned on the same date. TV Vision Limited's Company Secretary and Compliance Officer, Ms. Shilpa Ketan Jain, has also stepped down.
In the stock market, there have been no search results indicating when and by whom the UPL Limited stock was delisted from the stock exchange. Lokesh Machines Ltd's credit ratings have been downgraded by CARE Ratings Ltd.
In other news, Muthoot Microfin is considering fund raising by issuance of NCDs on a private placement basis. Sterlite Tech's US arm faces a $96.5 million jury verdict in Prysmian Litigation. ONGC plans to buy stake in overseas oil and gas projects if available at reasonable prices.
On the global stage, Hyundai reported a 2% decrease in auto sales, while Lloyds Metals and Energy Ltd acquired a 19.40% equity stake in Mandovi River Pellets Private Limited. PACS Group, Inc (TENT) has announced major U.S. listed stocks results calendar for September 1, 2025.
Lastly, India's August Month Auto Sales figures have been released, and the industry is showing signs of recovery after a challenging year. The U.S. will observe a market holiday on this date. Zenith Drugs Ltd's Chief Financial Officer, Mr. Neeraj Pandey, has also resigned, effective from Oct 15, 2025.