Share Price News Today 16.08.2026

Rahul Chaudhary
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Share Price News
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GENUS POWER Q1 FY27: STRONG GROWTH + ₹24,020 CR ORDER BOOK

• Revenue: ₹1,365 Cr | +45% YoY

• EBITDA: ₹260 Cr | +30% YoY

• Order Book: ~₹24,020 Cr

• FY27 Revenue Guidance: ₹6,000–6,500 Cr maintained

• Smart Meter Target: 1 Cr+ installations in FY27

• O&M Revenue Target: ₹600–700 Cr by FY28

• Working Capital: Expected improvement of 50–75 days in FY27

• Cash Flow: Positive operating cash flow expected from FY28

Overall: Strong Q1 growth with robust order book and guidance maintained.

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Tukaram Mundhe’s FDA Cracks Down on Goregaon Film City, AICWA Demands State-Wide Inspections

IAS Tukaram Mundhe-led FDA has suspended the license of a canteen in Goregaon Film City after unhygienic conditions were found upon crackdown, according to a post by All Indian Cine Workers Association on X.

The move follows appeals by the AICWA to conduct surprise checks and inspections over concerns of the quality of food and water in film sets and studios across Mumbai.

“We are grateful to the Maharashtra FDA team, under the leadership of Hon’ble Commissioner Shri Tukaram Mundhe, IAS, for taking prompt action on the demand raised by the All Indian Cine Workers Association,” the post stated.

It added that, upon AICWA’s demand, the Maharashtra FDA team conducted an inspection at a canteen in Goregaon Film City, Mumbai, where unhygienic conditions were found. The canteen’s licence was subsequently suspended.

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ABAN OFFSHORE Q4:

TURNS PROFITABLE YoY, SHARP QoQ DECLINE

• Net Profit: ₹0.18 Cr ↓ 93.9% QoQ | vs ₹25.99 Cr loss YoY

• Revenue: ₹9.91 Cr ↑ 8.6% QoQ | ↓ 14.3% YoY

• EBITDA: ₹4.13 Cr ↓ 67.5% QoQ | vs ₹23.50 Cr loss YoY

• EBITDA Margin: 41.7% vs 139.2% QoQ | -203.1% YoY

YoY ↑ Turnaround in Net Profit & EBITDA | QoQ ↓ Sharp Decline in Profitability

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I’m Rahul Chaudhary, and I write about everything related to the Share Market. From Stock Trends and Share Prices to the Latest News and IPO Updates, my articles aim to provide you with valuable insights to help you navigate the world of investing. Stay tuned for expert tips and updates to keep you informed!
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