Corporate Actions

Stock Alert: SML Mahindra, Confidence Fut., Monarch Surve., Tera Software, Desco Infra

10-Sep-26   08:30 Hrs IST

SML Mahindra Limited, previously SML Isuzu Limited, announced August 2026 production of 1,045 commercial vehicles, with sales of 1,280 units and exports of 80, as reported September 8, 2026, to the BSE Limited and National Stock Exchange of India. Fiscal year 2027 exports totaled 27, with sales reaching 1,095 units.


Confidence Futuristic Energetech Ltd. set a record date of September 23, 2026, for a final dividend of Rs 0.25 per equity share, face value Rs 5, for FY 2025-26. The stock has risen 10.44% in the last week, 7.69% in the last month, and is flat over one year, with average delivered quantity at 85.73%.


Monarch Surveyors and Engineering Consultants Ltd. shares fell 8.30% to Rs 287.1, despite a 9.50% weekly gain. The company received a Rs 4,66,00,000 work order from Ratnagiri Municipal Council for GIS mapping and development plans. Trading volume was 34,800 shares, down 4.92% week-over-week, with a 13.05% year-over-year gain.


Tera Software Ltd. has set 22 September 2026, as the record date for a final dividend of Rs 1.20 per share, face value Rs 10, for FY 2025-26. The stock has declined 4.86% in the week, 32.98% in the month, and 24.10% in the year, with average weekly volume at 57.36%.


Desco Infratech Ltd. shares rose 1.42% to Rs 157.2, despite a 7.09% weekly decline. The company received a Rs 30,290,271 Letter of Acceptance from Indian Oil Corporation Limited for “Execution of Last Mile Connectivity (LMC) / GI Installation & Direct Marketing Agency (DMA) Works in Vizag GA,” Andhra Pradesh. Trading volume was 10000 shares, up 5.26% year-over-year, the stock plunged by 35.77% against NIFTY50’s 4.59% loss.


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