📊 Share Market Information:
Quick Heal Technologies: Q1 results were weak. Revenue fell, losses continued, and operating performance worsened compared to last year.
Siyaram Silk Mills: Q1 profit more than doubled and revenue increased, but profit margin declined due to higher costs.
Lupin: Received U.S. FDA approval and launched its Sugammadex Injection in the U.S., a positive development for the company.
LIC Housing Finance: Q1 profit increased to ₹1,488 crore from ₹1,360 crore last year. Revenue was slightly lower than last year.
Uno Minda: Increased its stake in Minda Onkyo India from 19% to 99%, giving it almost complete ownership.
Telecom Manufacturing: India's first telecom manufacturing zone will be built in Gwalior with ₹2,000 crore investment, creating 4,500 jobs in Phase 1.
Data Centres: India's data centre capacity is expected to grow more than 5 times by 2030, driven by strong AI demand.
Utssav CZ Gold Jewels: Started a new wholly owned subsidiary to expand its gold and diamond jewellery business.
Agriculture Exports: India exported 7 tonnes of Bihar's Makhana to Canada, boosting agricultural exports.
Quick Heal Technologies: Q1 results were weak. Revenue fell, losses continued, and operating performance worsened compared to last year.
Siyaram Silk Mills: Q1 profit more than doubled and revenue increased, but profit margin declined due to higher costs.
Lupin: Received U.S. FDA approval and launched its Sugammadex Injection in the U.S., a positive development for the company.
LIC Housing Finance: Q1 profit increased to ₹1,488 crore from ₹1,360 crore last year. Revenue was slightly lower than last year.
Uno Minda: Increased its stake in Minda Onkyo India from 19% to 99%, giving it almost complete ownership.
Telecom Manufacturing: India's first telecom manufacturing zone will be built in Gwalior with ₹2,000 crore investment, creating 4,500 jobs in Phase 1.
Data Centres: India's data centre capacity is expected to grow more than 5 times by 2030, driven by strong AI demand.
Utssav CZ Gold Jewels: Started a new wholly owned subsidiary to expand its gold and diamond jewellery business.
Agriculture Exports: India exported 7 tonnes of Bihar's Makhana to Canada, boosting agricultural exports.
Nifty is expected to move up towards 24,400, which is the next important resistance level.
If Nifty crosses and stays above 24,400, it may rise further to 24,500–24,600.
24,100 is the key support level. As long as Nifty stays above this level, the positive trend remains intact.
If Nifty crosses and stays above 24,400, it may rise further to 24,500–24,600.
24,100 is the key support level. As long as Nifty stays above this level, the positive trend remains intact.
👍1
Sharemarket Information 📉
India's IT index fell 2.5% after a recent strong rally, as investors booked profits.
The decline was linked to a slowdown in the AI-related stock rally across Asian markets.
Infosys and Tata Consultancy Services were among the biggest contributors to the fall.
India's IT index fell 2.5% after a recent strong rally, as investors booked profits.
The decline was linked to a slowdown in the AI-related stock rally across Asian markets.
Infosys and Tata Consultancy Services were among the biggest contributors to the fall.
Sharemarket Information:
⛽ Commercial LPG Cheaper: The price of 19 kg commercial LPG cylinders has been reduced by up to ₹209. Domestic LPG cylinder prices remain unchanged.
🚌 Ashok Leyland: Chinese Foton buses are gaining market share in Sri Lanka, reducing Ashok Leyland's presence in the public transport fleet.
✈️ IndiGo: The airline has asked the government to reduce taxes and airport charges so that air ticket prices can become cheaper.
🤖 AI & Jobs: AI may reduce salaries for many jobs rather than causing large-scale job losses.
🪙 Gold: People in Gujarat sold ₹3,804 crore worth of gold in the first half of 2026 as record-high gold prices encouraged profit booking.
🏭 UFlex: The company has started commercial production at its new Mexico manufacturing plant, which can produce 80 million bags per year.
🚛 SML Mahindra: July sales increased 12% YoY to 1,603 units. Passenger vehicle sales rose 21%, while cargo vehicle sales fell 7%.
💊 Dr. Reddy's Laboratories: Received US FDA approval for its Rituximab biosimilar. Partner Fresenius Kabi will exclusively sell it in the U.S., strengthening Dr. Reddy's biosimilar business.
🚙 Mahindra & Mahindra: SUV sales increased 20% to 60,048 units, while total vehicle sales grew 26% to 103,860 units in July.
🚗 Hyundai Motor: Achieved its highest-ever monthly sales, selling 75,360 vehicles in July 2026.
⛽ Commercial LPG Cheaper: The price of 19 kg commercial LPG cylinders has been reduced by up to ₹209. Domestic LPG cylinder prices remain unchanged.
🚌 Ashok Leyland: Chinese Foton buses are gaining market share in Sri Lanka, reducing Ashok Leyland's presence in the public transport fleet.
✈️ IndiGo: The airline has asked the government to reduce taxes and airport charges so that air ticket prices can become cheaper.
🤖 AI & Jobs: AI may reduce salaries for many jobs rather than causing large-scale job losses.
🪙 Gold: People in Gujarat sold ₹3,804 crore worth of gold in the first half of 2026 as record-high gold prices encouraged profit booking.
🏭 UFlex: The company has started commercial production at its new Mexico manufacturing plant, which can produce 80 million bags per year.
🚛 SML Mahindra: July sales increased 12% YoY to 1,603 units. Passenger vehicle sales rose 21%, while cargo vehicle sales fell 7%.
💊 Dr. Reddy's Laboratories: Received US FDA approval for its Rituximab biosimilar. Partner Fresenius Kabi will exclusively sell it in the U.S., strengthening Dr. Reddy's biosimilar business.
🚙 Mahindra & Mahindra: SUV sales increased 20% to 60,048 units, while total vehicle sales grew 26% to 103,860 units in July.
🚗 Hyundai Motor: Achieved its highest-ever monthly sales, selling 75,360 vehicles in July 2026.
🔥1
📊 Share Market Updates
Brij Bhushan Sharan Singh: Acquitted by the court in the sexual harassment case.
India Manufacturing PMI (July): Fell slightly to 53.5 from 53.9, but remains above 50, indicating the manufacturing sector is still growing.
Sri Lotus Developers & Realty:
Q1 profit increased to ₹45.5 crore from ₹25.6 crore.
EBITDA also increased, but profit margin fell from 48% to 36.4%.
Vishnu Chemicals:
Expects medium-term growth from new specialty chemical products and expansion projects.
Plans to install 20 MW of solar power to reduce electricity costs.
Electronics Manufacturing (Dixon, PG Electroplast):
Government plans to extend tax exemptions until FY2040-41, which is positive for electronics contract manufacturers.
Anant Raj:
In focus as the government plans to relax tax rules for leased data centres operated by Indian companies.
NALCO:
Export disruptions in Q1 have now been resolved.
Plans a new smelter and 1,000 MW power plant by FY30.
Capital expenditure (Capex) will increase significantly over the next few years to support expansion.
One MobiKwik Systems:
Turned profitable in Q1, compared to a loss last year.
EBITDA also moved into positive territory, showing improved business performance.
Latent View Analytics:
Says the new CEO will help achieve its $200 million revenue target.
Maintains 12% revenue growth guidance for the full year.
Wonder Electricals:
Started manufacturing operations through its joint venture, supporting future business growth.
Brij Bhushan Sharan Singh: Acquitted by the court in the sexual harassment case.
India Manufacturing PMI (July): Fell slightly to 53.5 from 53.9, but remains above 50, indicating the manufacturing sector is still growing.
Sri Lotus Developers & Realty:
Q1 profit increased to ₹45.5 crore from ₹25.6 crore.
EBITDA also increased, but profit margin fell from 48% to 36.4%.
Vishnu Chemicals:
Expects medium-term growth from new specialty chemical products and expansion projects.
Plans to install 20 MW of solar power to reduce electricity costs.
Electronics Manufacturing (Dixon, PG Electroplast):
Government plans to extend tax exemptions until FY2040-41, which is positive for electronics contract manufacturers.
Anant Raj:
In focus as the government plans to relax tax rules for leased data centres operated by Indian companies.
NALCO:
Export disruptions in Q1 have now been resolved.
Plans a new smelter and 1,000 MW power plant by FY30.
Capital expenditure (Capex) will increase significantly over the next few years to support expansion.
One MobiKwik Systems:
Turned profitable in Q1, compared to a loss last year.
EBITDA also moved into positive territory, showing improved business performance.
Latent View Analytics:
Says the new CEO will help achieve its $200 million revenue target.
Maintains 12% revenue growth guidance for the full year.
Wonder Electricals:
Started manufacturing operations through its joint venture, supporting future business growth.
🔥1
Share Market Updates:
Nazara Tech: Board will meet on Aug 6 to consider raising funds through shares and convertible securities.
KEC International: Won new orders worth ₹1,063 crore.
Company Guidance (Future Outlook)
SBI Funds: No new financial guidance due to IPO rules. Future investments will focus on technology and hiring.
Torrent Power: Plans to invest ₹10,000 crore in renewable energy this year and expects strong earnings growth from new projects.
Blue Jet Healthcare: Will spend ₹250 crore this year on expansion and expects strong growth from new products and facilities.
Kansai Nerolac Paints: Targets 13–14% profit margin in FY27 and plans to expand production capacity.
MakeMyTrip: Cautious in the short term due to high oil prices and weak rupee, but remains positive on long-term travel demand.
UPL: Expects 7–11% revenue growth and 10–14% EBITDA growth in FY27, driven by higher sales volumes.
Other Important Updates
UPI: Government may bring back MDR (merchant charges) on UPI payments above ₹2,000 for large merchants.
Andhra Petrochemicals: Plant operations have restarted after scheduled maintenance.
Cipla: Its US manufacturing facility successfully cleared the USFDA inspection, which is a positive development.
Dhanuka Agritech: Reduced FY27 sales growth guidance due to delayed monsoon but expects improvement in Q2 and Q3.
Clean Max Enviro: Targets ₹3,000 crore EBITDA by FY28, supported by higher renewable energy capacity.
Escorts Kubota: Improved tractor industry outlook and expects to grow faster than the industry.
GPT Infra: Expects 30% revenue growth and 14–15% EBITDA margin in FY27.
ITC: Near-term profits may face pressure due to higher cigarette taxes and rising input costs.
Thangamayil Jewellery: Reported ₹344.16 crore sales in three days, up 119.55% YoY.
L&T: Won an ultra mega contract worth over ₹15,000 crore.
Rajesh Power: Won a new order worth ₹363 crore.
SIAM: Raised concerns over poor E20 fuel quality, saying it may damage vehicle parts, and asked the government to tighten fuel quality standards.
Jindal Stainless: Maintained 7–9% volume growth guidance and will review targets after the first half of FY27.
Sri Lotus Developers: Subsidiary appointed to develop a major commercial redevelopment project in Juhu.
HAL: Has a strong order book with 7–8 years of revenue visibility, giving a positive outlook for FY27 and beyond.
Nazara Tech: Board will meet on Aug 6 to consider raising funds through shares and convertible securities.
KEC International: Won new orders worth ₹1,063 crore.
Company Guidance (Future Outlook)
SBI Funds: No new financial guidance due to IPO rules. Future investments will focus on technology and hiring.
Torrent Power: Plans to invest ₹10,000 crore in renewable energy this year and expects strong earnings growth from new projects.
Blue Jet Healthcare: Will spend ₹250 crore this year on expansion and expects strong growth from new products and facilities.
Kansai Nerolac Paints: Targets 13–14% profit margin in FY27 and plans to expand production capacity.
MakeMyTrip: Cautious in the short term due to high oil prices and weak rupee, but remains positive on long-term travel demand.
UPL: Expects 7–11% revenue growth and 10–14% EBITDA growth in FY27, driven by higher sales volumes.
Other Important Updates
UPI: Government may bring back MDR (merchant charges) on UPI payments above ₹2,000 for large merchants.
Andhra Petrochemicals: Plant operations have restarted after scheduled maintenance.
Cipla: Its US manufacturing facility successfully cleared the USFDA inspection, which is a positive development.
Dhanuka Agritech: Reduced FY27 sales growth guidance due to delayed monsoon but expects improvement in Q2 and Q3.
Clean Max Enviro: Targets ₹3,000 crore EBITDA by FY28, supported by higher renewable energy capacity.
Escorts Kubota: Improved tractor industry outlook and expects to grow faster than the industry.
GPT Infra: Expects 30% revenue growth and 14–15% EBITDA margin in FY27.
ITC: Near-term profits may face pressure due to higher cigarette taxes and rising input costs.
Thangamayil Jewellery: Reported ₹344.16 crore sales in three days, up 119.55% YoY.
L&T: Won an ultra mega contract worth over ₹15,000 crore.
Rajesh Power: Won a new order worth ₹363 crore.
SIAM: Raised concerns over poor E20 fuel quality, saying it may damage vehicle parts, and asked the government to tighten fuel quality standards.
Jindal Stainless: Maintained 7–9% volume growth guidance and will review targets after the first half of FY27.
Sri Lotus Developers: Subsidiary appointed to develop a major commercial redevelopment project in Juhu.
HAL: Has a strong order book with 7–8 years of revenue visibility, giving a positive outlook for FY27 and beyond.
❤3
Share Market Updates:
Sumeet Industries
Profit fell sharply to ₹1.5 crore (from ₹8 crore).
Revenue increased to ₹272 crore (from ₹250 crore).
Operating profit (EBITDA) and profit margin declined, showing weaker profitability.
Power Grid Corporation
Net profit fell to ₹3,410 crore (from ₹3,650 crore).
Revenue was slightly lower at ₹9,800 crore.
EBITDA remained almost unchanged, with margins improving slightly.
🌍 Economy & Policy
US Student Visas: F-1 student visas issued to Indians dropped 62% in 2025, making it much harder for Indian students to study in the US.
🏭 Company News
Deccan Gold: Produced its first gold bar (doré) from its Kyrgyzstan project.
Power Grid: Approved ₹856.94 crore investment to upgrade transmission lines in Tamil Nadu.
Swan Defence: Won an export order worth ₹251–750 crore to build four advanced tugboats.
Kolte-Patil Developers: Signed 6 Mumbai projects worth ₹6,000 crore GDV, a major expansion despite its market value being around ₹3,500 crore.
SEPC: Won a ₹854.57 crore order from SAIL.
📈 Management Guidance
VRL Logistics
Expects 8% annual volume growth.
EBITDA margin likely to stay around 20–21%.
Strong cash flow expected to fund expansion without increasing debt.
Metropolis Healthcare
Expects 14–15% revenue growth this year.
Plans to open 400–500 new centers.
EBITDA margin expected to improve to 27–28%.
RITES
Maintains strong growth outlook.
Targets ₹10,000 crore order book.
Aims to keep EBITDA margin above 20%.
Sudeep Pharma
Expects strong growth to continue.
Targets 37–38% EBITDA margin.
Expanding production capacity and new facilities to support future growth.
⛽ Government Proposal
The Indian government plans to add an ₹18 charge on every LPG cylinder.
The money will help build a strategic fuel reserve worth about $42 billion over the next 10 years.
This reserve will store LNG and LPG to improve India's energy security and reduce the impact of future fuel supply disruptions.
Sumeet Industries
Profit fell sharply to ₹1.5 crore (from ₹8 crore).
Revenue increased to ₹272 crore (from ₹250 crore).
Operating profit (EBITDA) and profit margin declined, showing weaker profitability.
Power Grid Corporation
Net profit fell to ₹3,410 crore (from ₹3,650 crore).
Revenue was slightly lower at ₹9,800 crore.
EBITDA remained almost unchanged, with margins improving slightly.
🌍 Economy & Policy
US Student Visas: F-1 student visas issued to Indians dropped 62% in 2025, making it much harder for Indian students to study in the US.
🏭 Company News
Deccan Gold: Produced its first gold bar (doré) from its Kyrgyzstan project.
Power Grid: Approved ₹856.94 crore investment to upgrade transmission lines in Tamil Nadu.
Swan Defence: Won an export order worth ₹251–750 crore to build four advanced tugboats.
Kolte-Patil Developers: Signed 6 Mumbai projects worth ₹6,000 crore GDV, a major expansion despite its market value being around ₹3,500 crore.
SEPC: Won a ₹854.57 crore order from SAIL.
📈 Management Guidance
VRL Logistics
Expects 8% annual volume growth.
EBITDA margin likely to stay around 20–21%.
Strong cash flow expected to fund expansion without increasing debt.
Metropolis Healthcare
Expects 14–15% revenue growth this year.
Plans to open 400–500 new centers.
EBITDA margin expected to improve to 27–28%.
RITES
Maintains strong growth outlook.
Targets ₹10,000 crore order book.
Aims to keep EBITDA margin above 20%.
Sudeep Pharma
Expects strong growth to continue.
Targets 37–38% EBITDA margin.
Expanding production capacity and new facilities to support future growth.
⛽ Government Proposal
The Indian government plans to add an ₹18 charge on every LPG cylinder.
The money will help build a strategic fuel reserve worth about $42 billion over the next 10 years.
This reserve will store LNG and LPG to improve India's energy security and reduce the impact of future fuel supply disruptions.
❤1
📊 Share Market Update:
🇮🇳 GIFT NIFTY
GIFT Nifty is almost flat (+0.10%).
So, Indian markets may open slightly positive or flat today.
Expect a calm/muted start unless global or domestic news creates movement.
🌏 Asian Markets
🇯🇵 Nikkei: +2.02% → Strong
🇭🇰 Hang Seng: +0.54% → Positive
🇨🇳 Shanghai: Around flat
🇮🇳 GIFT Nifty: +0.10% → Almost flat
🇺🇸 US Markets
S&P 500: +0.62% → Positive
Nasdaq: +1.30% → Strong
Dow Futures: -0.13% → Slightly negative
🇮🇳 GIFT NIFTY
GIFT Nifty is almost flat (+0.10%).
So, Indian markets may open slightly positive or flat today.
Expect a calm/muted start unless global or domestic news creates movement.
🌏 Asian Markets
🇯🇵 Nikkei: +2.02% → Strong
🇭🇰 Hang Seng: +0.54% → Positive
🇨🇳 Shanghai: Around flat
🇮🇳 GIFT Nifty: +0.10% → Almost flat
🇺🇸 US Markets
S&P 500: +0.62% → Positive
Nasdaq: +1.30% → Strong
Dow Futures: -0.13% → Slightly negative
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📊 Share Market Information
🌍 Global/Geopolitical News
🇷🇸 Serbia: President Vučić warns that Europe could face a bigger war and says the Ukraine conflict may not end this year.
🇮🇱 Israel–Gaza: Netanyahu says Israel will not accept a Palestinian state and will not withdraw until Hamas is completely disarmed. ⚠️
🏢 Company Updates
Gland Pharma: Signs a major partnership with a global pharma company to manufacture and supply sterile injectable medicines. ✅ Positive
Bajel Projects: Wins a large EPC transmission-line order worth around ₹300–400 crore. ✅ Positive
M&M: Appoints Shveta Arya as Group Chief Strategy Officer. She was previously MD of Cummins India.
Studds Accessories: Q1 revenue increased, but profits and margins fell sharply.
Revenue: ₹167 cr vs ₹148 cr → 📈
Net profit: ₹13.2 cr vs ₹20.5 cr → 📉
EBITDA: ₹20.2 cr vs ₹30.4 cr → 📉
EBITDA margin: 12.08% vs 20.53% → 📉 Negative
PNG Jewellers: Opens a new flagship store in Pune and launches a lightweight diamond jewellery brand. ✅
Dixon Technologies: Vivo JV deal expected to close within 2 months. Revenue contribution expected from Q3. ✅
Titan: Says it is on track to achieve its improvement targets after a strong start to the financial year. ✅
Godrej Properties: Targets ₹20,000 crore operating cash flow by 2028.
HAL: Restarts Su-30MKI production. A major ₹60,000 crore fleet upgrade is also planned. 🚀
Blue Cloud Softech: Announces a $150 million (~₹1,500 crore) contract with SpaceX International for AI infrastructure over 18 months. ⚠️ Very large order compared with company market cap of ~₹430 crore; verify the announcement carefully before trading on it.
⚡ Sector & Economy Updates
Coal: Coal stocks at power plants could fall 20% by September-end because of higher demand. → Could support coal/power companies.
🇮🇳 Renewable Energy: India’s non-fossil power capacity has crossed 300 GW. Solar is the biggest contributor.
India has reached about 60% of its 500 GW target for 2030. 🌞
Agrochemicals: Government may restrict the use of Carbosulfan and Paraquat. This could affect companies such as UPL and Insecticides India. ⚠️
Mining: Government may tighten rules for mineral-bearing land. States may need approval from the Centre before imposing certain levies.
Textiles: India’s textile/apparel exports to the US fell 18% in H1 2026, which is a negative for textile exporters. 📉
🌍 Global/Geopolitical News
🇷🇸 Serbia: President Vučić warns that Europe could face a bigger war and says the Ukraine conflict may not end this year.
🇮🇱 Israel–Gaza: Netanyahu says Israel will not accept a Palestinian state and will not withdraw until Hamas is completely disarmed. ⚠️
🏢 Company Updates
Gland Pharma: Signs a major partnership with a global pharma company to manufacture and supply sterile injectable medicines. ✅ Positive
Bajel Projects: Wins a large EPC transmission-line order worth around ₹300–400 crore. ✅ Positive
M&M: Appoints Shveta Arya as Group Chief Strategy Officer. She was previously MD of Cummins India.
Studds Accessories: Q1 revenue increased, but profits and margins fell sharply.
Revenue: ₹167 cr vs ₹148 cr → 📈
Net profit: ₹13.2 cr vs ₹20.5 cr → 📉
EBITDA: ₹20.2 cr vs ₹30.4 cr → 📉
EBITDA margin: 12.08% vs 20.53% → 📉 Negative
PNG Jewellers: Opens a new flagship store in Pune and launches a lightweight diamond jewellery brand. ✅
Dixon Technologies: Vivo JV deal expected to close within 2 months. Revenue contribution expected from Q3. ✅
Titan: Says it is on track to achieve its improvement targets after a strong start to the financial year. ✅
Godrej Properties: Targets ₹20,000 crore operating cash flow by 2028.
HAL: Restarts Su-30MKI production. A major ₹60,000 crore fleet upgrade is also planned. 🚀
Blue Cloud Softech: Announces a $150 million (~₹1,500 crore) contract with SpaceX International for AI infrastructure over 18 months. ⚠️ Very large order compared with company market cap of ~₹430 crore; verify the announcement carefully before trading on it.
⚡ Sector & Economy Updates
Coal: Coal stocks at power plants could fall 20% by September-end because of higher demand. → Could support coal/power companies.
🇮🇳 Renewable Energy: India’s non-fossil power capacity has crossed 300 GW. Solar is the biggest contributor.
India has reached about 60% of its 500 GW target for 2030. 🌞
Agrochemicals: Government may restrict the use of Carbosulfan and Paraquat. This could affect companies such as UPL and Insecticides India. ⚠️
Mining: Government may tighten rules for mineral-bearing land. States may need approval from the Centre before imposing certain levies.
Textiles: India’s textile/apparel exports to the US fell 18% in H1 2026, which is a negative for textile exporters. 📉
❤2🔥1
📊 Share Market Updates:
ADANI GROUP: A U.S. judge has dismissed the criminal case filed by the U.S. Justice Department against billionaire Gautam Adani. 🟢 Positive news for Adani stocks.
LEMON TREE HOTELS: Signed agreements to open/manage two new hotels — Lemon Tree Premier Madurai and Keys Select McLeodganj. 🟢 Positive for business expansion.
RAILTEL: Won a new order worth ₹119 crore. 🟢 Positive, as it adds new business/revenue.
KRYSTAL INTEGRATED SERVICES: Received two Maharashtra government orders for sewage treatment plant projects worth ₹296 crore. Its consortium share is 40% (~₹118.4 crore). 🟢 Positive for the company.
📺 ZEE ENTERTAINMENT – Management Update
Management expects the economy to improve slightly, especially during the upcoming festival season.
Better festive spending could help advertising revenue increase. 🟢
ZEE5 digital business is expected to continue growing in Q2, helped by new content and FIFA-related viewership.
ZEE has not given full-year EBITDA margin guidance because market conditions are uncertain.
FIFA-related payments will be spread over 8 years until 2034, with more payments linked to the 2030 World Cup.
A large part of FIFA-related revenue and expenses will come in Q2, so Q2 results may look stronger than Q1.
Subscription revenue is also expected to increase significantly in Q2. 🟢
ADANI GROUP: A U.S. judge has dismissed the criminal case filed by the U.S. Justice Department against billionaire Gautam Adani. 🟢 Positive news for Adani stocks.
LEMON TREE HOTELS: Signed agreements to open/manage two new hotels — Lemon Tree Premier Madurai and Keys Select McLeodganj. 🟢 Positive for business expansion.
RAILTEL: Won a new order worth ₹119 crore. 🟢 Positive, as it adds new business/revenue.
KRYSTAL INTEGRATED SERVICES: Received two Maharashtra government orders for sewage treatment plant projects worth ₹296 crore. Its consortium share is 40% (~₹118.4 crore). 🟢 Positive for the company.
📺 ZEE ENTERTAINMENT – Management Update
Management expects the economy to improve slightly, especially during the upcoming festival season.
Better festive spending could help advertising revenue increase. 🟢
ZEE5 digital business is expected to continue growing in Q2, helped by new content and FIFA-related viewership.
ZEE has not given full-year EBITDA margin guidance because market conditions are uncertain.
FIFA-related payments will be spread over 8 years until 2034, with more payments linked to the 2030 World Cup.
A large part of FIFA-related revenue and expenses will come in Q2, so Q2 results may look stronger than Q1.
Subscription revenue is also expected to increase significantly in Q2. 🟢
❤1
Share Market Updates:
📈 Positive / Strong Results
MMTC: Profit more than doubled to ₹100 Cr from ₹44 Cr. Revenue doubled to ₹146 Cr → Strong growth.
Man Industries: Profit rose to ₹61 Cr from ₹28 Cr. Revenue and EBITDA also grew strongly → Very positive.
Gokaldas Exports: Profit increased slightly to ₹44 Cr. Revenue and EBITDA grew → Positive.
ESAB India: Profit rose to ₹56 Cr from ₹41 Cr. Revenue and EBITDA increased → Positive.
Indo Tech Transformers: Profit increased to ₹26 Cr from ₹19 Cr. Revenue also grew strongly → Positive.
Bata India: Profit increased to ₹64 Cr from ₹52 Cr. Revenue grew slightly → Positive, but margins slightly lower.
Gujarat Energy: Profit jumped to ₹998 Cr from ₹560 Cr. Revenue and EBITDA also increased strongly → Very positive.
⚠️ Weak / Mixed Results
Ashoka Buildcon: Profit fell to ₹128 Cr from ₹217 Cr. Revenue and EBITDA also declined sharply → Weak results.
Senco Gold: Revenue grew strongly, but profit was almost flat. EBITDA increased, but margin fell → Mixed.
Delta Corp: Reported a ₹210 Cr loss vs ₹30 Cr profit last year. However, ₹307 Cr was an exceptional item → Weak headline result.
IFCI: Profit and revenue declined slightly. EBITDA was almost flat, but margin improved → Mixed.
Caliber Mining: Revenue increased strongly, but profit fell. EBITDA margin also dropped → Mixed/Weak.
SKF India: Profit and EBITDA declined, while EBITDA margin fell from 11.43% to 9.08% → Weak.
🏗️ Important Company Updates
EPL: Expects high-teens growth over the next few quarters, supported by strong business growth and higher prices.
SJVN: Completed its 75 MW solar project in Bihar and started operations.
BEML: Received a ₹184.25 Cr order from HAL to manufacture helicopter fuselage structures → Positive.
Jammu & Kashmir Bank: Board approved raising up to ₹1,000 Cr through QIP → Helps strengthen capital.
Strait of Hormuz: An adviser to Iran's Supreme Leader said the strait will remain closed until Iran's conditions are met → Potentially negative for global crude oil prices if disruption continues.
📈 Positive / Strong Results
MMTC: Profit more than doubled to ₹100 Cr from ₹44 Cr. Revenue doubled to ₹146 Cr → Strong growth.
Man Industries: Profit rose to ₹61 Cr from ₹28 Cr. Revenue and EBITDA also grew strongly → Very positive.
Gokaldas Exports: Profit increased slightly to ₹44 Cr. Revenue and EBITDA grew → Positive.
ESAB India: Profit rose to ₹56 Cr from ₹41 Cr. Revenue and EBITDA increased → Positive.
Indo Tech Transformers: Profit increased to ₹26 Cr from ₹19 Cr. Revenue also grew strongly → Positive.
Bata India: Profit increased to ₹64 Cr from ₹52 Cr. Revenue grew slightly → Positive, but margins slightly lower.
Gujarat Energy: Profit jumped to ₹998 Cr from ₹560 Cr. Revenue and EBITDA also increased strongly → Very positive.
⚠️ Weak / Mixed Results
Ashoka Buildcon: Profit fell to ₹128 Cr from ₹217 Cr. Revenue and EBITDA also declined sharply → Weak results.
Senco Gold: Revenue grew strongly, but profit was almost flat. EBITDA increased, but margin fell → Mixed.
Delta Corp: Reported a ₹210 Cr loss vs ₹30 Cr profit last year. However, ₹307 Cr was an exceptional item → Weak headline result.
IFCI: Profit and revenue declined slightly. EBITDA was almost flat, but margin improved → Mixed.
Caliber Mining: Revenue increased strongly, but profit fell. EBITDA margin also dropped → Mixed/Weak.
SKF India: Profit and EBITDA declined, while EBITDA margin fell from 11.43% to 9.08% → Weak.
🏗️ Important Company Updates
EPL: Expects high-teens growth over the next few quarters, supported by strong business growth and higher prices.
SJVN: Completed its 75 MW solar project in Bihar and started operations.
BEML: Received a ₹184.25 Cr order from HAL to manufacture helicopter fuselage structures → Positive.
Jammu & Kashmir Bank: Board approved raising up to ₹1,000 Cr through QIP → Helps strengthen capital.
Strait of Hormuz: An adviser to Iran's Supreme Leader said the strait will remain closed until Iran's conditions are met → Potentially negative for global crude oil prices if disruption continues.
🔥1
Share Market Updates:
📊 Q1 Results
SKF India: Profit fell sharply to ₹62 Cr from ₹118 Cr. Revenue dropped to ₹590 Cr from ₹1,283 Cr. Negative.
Religare Enterprises: Loss increased to ₹21 Cr from ₹2 Cr, although revenue rose to ₹2,350 Cr. Negative.
IRCTC: Profit stayed almost the same at ₹330 Cr. Revenue increased to ₹1,370 Cr, but EBITDA margin fell to 28.2% from 34.3%. Mixed.
Petronet LNG: Profit fell to ₹1,132 Cr from ₹1,338 Cr (QoQ). Revenue also declined, but EBITDA margin improved strongly to 27.6%. Mixed.
Sudarshan Chemical: Profit more than doubled to ₹97 Cr from ₹47 Cr. Revenue and EBITDA also improved. Positive.
Ruby Mills: Profit was almost flat at ₹12 Cr, but revenue and EBITDA increased strongly. EBITDA margin improved to 27.9%. Positive/Mixed.
Dhruv Consultancy: Company moved from ₹1.6 Cr profit to ₹4.7 Cr loss. Revenue also declined. Negative.
Black Box: Profit rose to ₹56 Cr from ₹47 Cr. Revenue and EBITDA also increased. Positive.
MTNL: Loss reduced to ₹840 Cr from ₹940 Cr, while revenue improved. Still a large loss, but performance is slightly better. Positive/Mixed.
Hexagon Nutrition: Profit and revenue increased, but EBITDA margin fell to 11.2% from 13.8%. Mixed.
🏢 Company News
UltraTech Cement: Plans to buy 26% stake in Solaris Horizon Energy for up to ₹27.76 Cr. Positive for renewable-energy expansion.
Jio Financial Services: Board approved Bank of America investing up to ₹18,268 Cr in its subsidiary Jio Credit. Major positive development.
Magellanic Cloud: PNB will use its e-surveillance system in 1,000 ATMs. Orders worth about ₹18.4 Cr over 5 years. Positive.
Raj Rayon Industries: Approved ₹650 Cr Phase-II expansion at Silvassa, adding 350 TPD polyester capacity. Positive long-term.
GE Power India: Received a ₹550 Cr Saudi Arabia project order. Positive.
Raymond Realty: Created a new company to undertake real-estate projects, especially redevelopment projects. Positive for future growth.
HEG: Signed an agreement for PR and media services. Neutral.
🇮🇳 Government & Economy
RBI: Banks/financial companies must decide fixed-loan interest rates using a benchmark plus a risk-based spread. Important for borrowers and lenders.
Defence: Government issued a ₹1 lakh crore tender for 60 multi-role transport aircraft. Tata, Mahindra and HAL are competing. Positive for defence companies.
Border villages: Government approved ₹6,839 Cr to develop 1,954 villages across 15 states and 2 UTs. Positive for infrastructure.
Forex demand: Tier-2 and Tier-3 cities now account for 53% of foreign-currency demand, showing rising international travel from smaller cities.
Inflation: Food prices may increase inflation, but experts expect it to remain below RBI's 6% upper limit.
Exports: India is targeting 15% export growth, $1 trillion exports and a $30 trillion economy by 2047.
Gujarat: Chief Minister will visit the US and Canada for an 8-day investment roadshow ahead of Vibrant Gujarat 2027.
FCRA Bill: Sent to a Joint Parliamentary Committee for further examination.
Maharashtra: Over 36,000 firms reportedly shut down in 5 years; the issue has triggered a political dispute.
Parliament: Amit Shah said he is ready to answer questions from the opposition.
📈 MSCI Changes — Important for Stocks
Added to MSCI India Index:
Billionbrains Garage
Laurus Labs
Lenskart Solutions
Adani Energy Solutions
👉 Positive: These stocks may see increased buying from MSCI-linked/index funds.
Removed from MSCI India Index:
Astral
Balkrishna Industries
SBI Cards & Payment Services
👉 Negative: These stocks could see selling pressure from funds tracking the MSCI index.
📊 Q1 Results
SKF India: Profit fell sharply to ₹62 Cr from ₹118 Cr. Revenue dropped to ₹590 Cr from ₹1,283 Cr. Negative.
Religare Enterprises: Loss increased to ₹21 Cr from ₹2 Cr, although revenue rose to ₹2,350 Cr. Negative.
IRCTC: Profit stayed almost the same at ₹330 Cr. Revenue increased to ₹1,370 Cr, but EBITDA margin fell to 28.2% from 34.3%. Mixed.
Petronet LNG: Profit fell to ₹1,132 Cr from ₹1,338 Cr (QoQ). Revenue also declined, but EBITDA margin improved strongly to 27.6%. Mixed.
Sudarshan Chemical: Profit more than doubled to ₹97 Cr from ₹47 Cr. Revenue and EBITDA also improved. Positive.
Ruby Mills: Profit was almost flat at ₹12 Cr, but revenue and EBITDA increased strongly. EBITDA margin improved to 27.9%. Positive/Mixed.
Dhruv Consultancy: Company moved from ₹1.6 Cr profit to ₹4.7 Cr loss. Revenue also declined. Negative.
Black Box: Profit rose to ₹56 Cr from ₹47 Cr. Revenue and EBITDA also increased. Positive.
MTNL: Loss reduced to ₹840 Cr from ₹940 Cr, while revenue improved. Still a large loss, but performance is slightly better. Positive/Mixed.
Hexagon Nutrition: Profit and revenue increased, but EBITDA margin fell to 11.2% from 13.8%. Mixed.
🏢 Company News
UltraTech Cement: Plans to buy 26% stake in Solaris Horizon Energy for up to ₹27.76 Cr. Positive for renewable-energy expansion.
Jio Financial Services: Board approved Bank of America investing up to ₹18,268 Cr in its subsidiary Jio Credit. Major positive development.
Magellanic Cloud: PNB will use its e-surveillance system in 1,000 ATMs. Orders worth about ₹18.4 Cr over 5 years. Positive.
Raj Rayon Industries: Approved ₹650 Cr Phase-II expansion at Silvassa, adding 350 TPD polyester capacity. Positive long-term.
GE Power India: Received a ₹550 Cr Saudi Arabia project order. Positive.
Raymond Realty: Created a new company to undertake real-estate projects, especially redevelopment projects. Positive for future growth.
HEG: Signed an agreement for PR and media services. Neutral.
🇮🇳 Government & Economy
RBI: Banks/financial companies must decide fixed-loan interest rates using a benchmark plus a risk-based spread. Important for borrowers and lenders.
Defence: Government issued a ₹1 lakh crore tender for 60 multi-role transport aircraft. Tata, Mahindra and HAL are competing. Positive for defence companies.
Border villages: Government approved ₹6,839 Cr to develop 1,954 villages across 15 states and 2 UTs. Positive for infrastructure.
Forex demand: Tier-2 and Tier-3 cities now account for 53% of foreign-currency demand, showing rising international travel from smaller cities.
Inflation: Food prices may increase inflation, but experts expect it to remain below RBI's 6% upper limit.
Exports: India is targeting 15% export growth, $1 trillion exports and a $30 trillion economy by 2047.
Gujarat: Chief Minister will visit the US and Canada for an 8-day investment roadshow ahead of Vibrant Gujarat 2027.
FCRA Bill: Sent to a Joint Parliamentary Committee for further examination.
Maharashtra: Over 36,000 firms reportedly shut down in 5 years; the issue has triggered a political dispute.
Parliament: Amit Shah said he is ready to answer questions from the opposition.
📈 MSCI Changes — Important for Stocks
Added to MSCI India Index:
Billionbrains Garage
Laurus Labs
Lenskart Solutions
Adani Energy Solutions
👉 Positive: These stocks may see increased buying from MSCI-linked/index funds.
Removed from MSCI India Index:
Astral
Balkrishna Industries
SBI Cards & Payment Services
👉 Negative: These stocks could see selling pressure from funds tracking the MSCI index.
Share Market Updates:
📊 Q1 Results
🔹 Olectra Greentech: Q1 profit increased slightly to ₹26.7 Cr from ₹26 Cr. Revenue jumped to ₹575 Cr from ₹348 Cr. EBITDA also increased, but margin declined. 🟢 Positive
🔹 Balaji Telefilms: Turned profitable with ₹22.4 Cr profit compared with a ₹5.8 Cr loss last year. Revenue and EBITDA also improved strongly. 🟢 Very Positive
🔹 Engineers India: Profit more than doubled to ₹160 Cr from ₹65.4 Cr. Revenue was slightly lower, but EBITDA and margin improved significantly. 🟢 Positive
🔹 Salasar Tech Engineering: Profit fell to ₹5 Cr from ₹8.5 Cr. Revenue was almost flat and EBITDA declined. 🔴 Negative
🔹 Seamec: Profit increased to ₹81.3 Cr and revenue rose strongly to ₹297 Cr. EBITDA also improved, though the margin declined slightly. 🟢 Positive
🔹 Kennametal India: Profit jumped to ₹88.8 Cr from ₹31.3 Cr. Revenue and EBITDA increased strongly, while EBITDA margin improved significantly. 🟢 Very Positive
🔹 Khazanchi Jewellers: Profit increased to ₹27.8 Cr from ₹15.2 Cr. Revenue and EBITDA also grew strongly. 🟢 Positive
🔹 Balmer Lawrie Investments: Profit was almost flat at ₹45.5 Cr, while revenue increased to ₹750 Cr. 🟡 Neutral
🔹 Spectrum Electrical Industries: Profit more than doubled to ₹13 Cr. Revenue and EBITDA also increased strongly, with better margins. 🟢 Very Positive
🔹 Bengal & Assam Company: Profit declined to ₹200 Cr from ₹260 Cr, despite revenue increasing. 🔴 Negative
🔹 Ritco Logistics: Profit declined slightly, but revenue and EBITDA improved. EBITDA margin also increased slightly. 🟡 Mixed
🔹 Vadilal Enterprises: Profit and revenue increased, but EBITDA margin declined from 6.39% to 5.40%. 🟡 Mixed Positive
🔹 Foseco India: Profit, revenue and EBITDA all increased. EBITDA margin also improved slightly. 🟢 Positive
🔹 Modison: Profit jumped sharply to ₹33.8 Cr from ₹4.8 Cr. Revenue and EBITDA also increased strongly, with a major improvement in margin. 🟢 Very Positive
🔹 Kilitch Drugs: Profit remained almost flat at ₹2.9 Cr. Revenue increased slightly, but EBITDA and margin declined. 🟡 Weak
🔹 Praveg: Loss increased to ₹13.5 Cr from ₹6.1 Cr, despite revenue increasing. 🔴 Negative
🔹 XT Global Infotech: Profit increased slightly to ₹3.9 Cr and revenue also rose marginally. 🟡 Neutral
🔹 Rathi Steel & Power: Profit increased to ₹3.5 Cr from ₹1.9 Cr, while revenue also improved. 🟢 Positive
🔹 Dev IT: Profit remained unchanged at ₹2.1 Cr, while revenue increased slightly. 🟡 Neutral
🔹 Magellanic Cloud: DFCCIL awarded a Letter of Acceptance to its subsidiary, strengthening the company's PSU business. 🟢 Positive
🔹 Maiden Forgings: Sold vacant land in Ghaziabad for ₹12.9 Cr. The money will be used for expansion and development of its new Murad Nagar facility. 🟢 Positive
🔹 Dhruv Consultancy Services: Won a ₹40.92 Cr order from Odisha Bridge & Construction Corporation for a 36-month road and bridge consultancy project. 🟢 Positive
🔹 Birla Estates: Entered Navi Mumbai with a Vashi redevelopment project that has an estimated ₹2,600 Cr revenue potential. 🟢 Positive
🔹 Jindal Stainless: Targets 3.5 MTPA sales by FY29 and plans to invest ₹2,600 Cr in FY27. 🟢 Positive / Growth
🔹 Lloyds Engineering: Entered into a ₹200 Cr loan agreement with Tata Capital to fund an equity acquisition. 🟡 Watch
🔹 Amber Enterprises: EBITDA increased to ₹310 Cr and margin improved to 8%. However, PBT includes a ₹122 Cr exceptional item, so the profit needs careful analysis. 🟡 Mixed Positive
🔹 Krsnaa Diagnostics: Revenue and EBITDA increased, but profit declined to ₹16.6 Cr. EBITDA margin also fell from 26.58% to 24.6%. 🟡 Mixed
📊 Q1 Results
🔹 Olectra Greentech: Q1 profit increased slightly to ₹26.7 Cr from ₹26 Cr. Revenue jumped to ₹575 Cr from ₹348 Cr. EBITDA also increased, but margin declined. 🟢 Positive
🔹 Balaji Telefilms: Turned profitable with ₹22.4 Cr profit compared with a ₹5.8 Cr loss last year. Revenue and EBITDA also improved strongly. 🟢 Very Positive
🔹 Engineers India: Profit more than doubled to ₹160 Cr from ₹65.4 Cr. Revenue was slightly lower, but EBITDA and margin improved significantly. 🟢 Positive
🔹 Salasar Tech Engineering: Profit fell to ₹5 Cr from ₹8.5 Cr. Revenue was almost flat and EBITDA declined. 🔴 Negative
🔹 Seamec: Profit increased to ₹81.3 Cr and revenue rose strongly to ₹297 Cr. EBITDA also improved, though the margin declined slightly. 🟢 Positive
🔹 Kennametal India: Profit jumped to ₹88.8 Cr from ₹31.3 Cr. Revenue and EBITDA increased strongly, while EBITDA margin improved significantly. 🟢 Very Positive
🔹 Khazanchi Jewellers: Profit increased to ₹27.8 Cr from ₹15.2 Cr. Revenue and EBITDA also grew strongly. 🟢 Positive
🔹 Balmer Lawrie Investments: Profit was almost flat at ₹45.5 Cr, while revenue increased to ₹750 Cr. 🟡 Neutral
🔹 Spectrum Electrical Industries: Profit more than doubled to ₹13 Cr. Revenue and EBITDA also increased strongly, with better margins. 🟢 Very Positive
🔹 Bengal & Assam Company: Profit declined to ₹200 Cr from ₹260 Cr, despite revenue increasing. 🔴 Negative
🔹 Ritco Logistics: Profit declined slightly, but revenue and EBITDA improved. EBITDA margin also increased slightly. 🟡 Mixed
🔹 Vadilal Enterprises: Profit and revenue increased, but EBITDA margin declined from 6.39% to 5.40%. 🟡 Mixed Positive
🔹 Foseco India: Profit, revenue and EBITDA all increased. EBITDA margin also improved slightly. 🟢 Positive
🔹 Modison: Profit jumped sharply to ₹33.8 Cr from ₹4.8 Cr. Revenue and EBITDA also increased strongly, with a major improvement in margin. 🟢 Very Positive
🔹 Kilitch Drugs: Profit remained almost flat at ₹2.9 Cr. Revenue increased slightly, but EBITDA and margin declined. 🟡 Weak
🔹 Praveg: Loss increased to ₹13.5 Cr from ₹6.1 Cr, despite revenue increasing. 🔴 Negative
🔹 XT Global Infotech: Profit increased slightly to ₹3.9 Cr and revenue also rose marginally. 🟡 Neutral
🔹 Rathi Steel & Power: Profit increased to ₹3.5 Cr from ₹1.9 Cr, while revenue also improved. 🟢 Positive
🔹 Dev IT: Profit remained unchanged at ₹2.1 Cr, while revenue increased slightly. 🟡 Neutral
🔹 Magellanic Cloud: DFCCIL awarded a Letter of Acceptance to its subsidiary, strengthening the company's PSU business. 🟢 Positive
🔹 Maiden Forgings: Sold vacant land in Ghaziabad for ₹12.9 Cr. The money will be used for expansion and development of its new Murad Nagar facility. 🟢 Positive
🔹 Dhruv Consultancy Services: Won a ₹40.92 Cr order from Odisha Bridge & Construction Corporation for a 36-month road and bridge consultancy project. 🟢 Positive
🔹 Birla Estates: Entered Navi Mumbai with a Vashi redevelopment project that has an estimated ₹2,600 Cr revenue potential. 🟢 Positive
🔹 Jindal Stainless: Targets 3.5 MTPA sales by FY29 and plans to invest ₹2,600 Cr in FY27. 🟢 Positive / Growth
🔹 Lloyds Engineering: Entered into a ₹200 Cr loan agreement with Tata Capital to fund an equity acquisition. 🟡 Watch
🔹 Amber Enterprises: EBITDA increased to ₹310 Cr and margin improved to 8%. However, PBT includes a ₹122 Cr exceptional item, so the profit needs careful analysis. 🟡 Mixed Positive
🔹 Krsnaa Diagnostics: Revenue and EBITDA increased, but profit declined to ₹16.6 Cr. EBITDA margin also fell from 26.58% to 24.6%. 🟡 Mixed
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📊 Share Market Updates
1. Gravita India
The company plans to expand its copper recycling plant in Mundra, Gujarat.
It will add 59,200 tonnes of capacity per year.
Investment required: ₹64 crore.
This will help the company grow its non-ferrous metal recycling business.
2. KIMS
KIMS will issue 77.02 lakh warrants to its promoters/promoter group.
This will bring ₹150 crore of fresh funds into the company.
3. HDFC Bank
RBI has approved LIC to buy up to 9.99% stake in HDFC Bank.
This is positive because it allows LIC to increase its investment in the bank.
4. Reliance Industries
Reliance plans to invest around ₹2.73 lakh crore in Andhra Pradesh.
The company plans to build India's first coal gasification complex.
This is a very large proposed investment and could support long-term industrial growth.
5. Ashapura Minechem – Management Guidance
The company expects to meet its FY27 targets, with a possible variation of around ±10%.
It remains confident of achieving 15 million tonnes of iron ore production by FY28.
Bauxite target for FY27: revised to 9–11 million tonnes, from the earlier 10–12 million tonnes.
The company expects around $1 billion (₹10,000 crore) in bauxite sales next year.
EBITDA per tonne is expected to stay around $5.5–$6 over the next 1–2 quarters.
Management expects EBITDA per tonne to eventually improve toward $10 in the medium to long term.
1. Gravita India
The company plans to expand its copper recycling plant in Mundra, Gujarat.
It will add 59,200 tonnes of capacity per year.
Investment required: ₹64 crore.
This will help the company grow its non-ferrous metal recycling business.
2. KIMS
KIMS will issue 77.02 lakh warrants to its promoters/promoter group.
This will bring ₹150 crore of fresh funds into the company.
3. HDFC Bank
RBI has approved LIC to buy up to 9.99% stake in HDFC Bank.
This is positive because it allows LIC to increase its investment in the bank.
4. Reliance Industries
Reliance plans to invest around ₹2.73 lakh crore in Andhra Pradesh.
The company plans to build India's first coal gasification complex.
This is a very large proposed investment and could support long-term industrial growth.
5. Ashapura Minechem – Management Guidance
The company expects to meet its FY27 targets, with a possible variation of around ±10%.
It remains confident of achieving 15 million tonnes of iron ore production by FY28.
Bauxite target for FY27: revised to 9–11 million tonnes, from the earlier 10–12 million tonnes.
The company expects around $1 billion (₹10,000 crore) in bauxite sales next year.
EBITDA per tonne is expected to stay around $5.5–$6 over the next 1–2 quarters.
Management expects EBITDA per tonne to eventually improve toward $10 in the medium to long term.
👍1
📈 Share Market Information
China: China has reportedly developed a new hypersonic weapon that could attack important U.S. military aircraft from very long distances.
Trump–North Korea: Trump wants to restart talks with North Korean leader Kim Jong Un. He expects to meet Kim again later this year, while the Iran conflict is still unresolved.
Nitco: Nitco has signed an agreement with HOABL Impactum Land to jointly develop land in Alibaug, expanding its real estate business.
Sigma Advanced Systems: The company has signed a major ₹1,600 crore agreement with Rolls-Royce Aerospace, which is positive for its business.
Sudarshan Chemical: The company has acquired Clariant’s aluminium dyes and chemicals manufacturing plant in Switzerland. This will help the company produce more of its own raw materials.
VA Tech Wabag: Wabag has won a large desalination project in Doha worth more than ₹1,000 crore and is also entering the Kuwait market.
PVR INOX: The company will consider a share buyback proposal on August 31. A buyback means the company may purchase its own shares from shareholders.
Biocon: Biocon has received approval in Japan to market its pegfilgrastim biosimilar, which is positive for its international business.
China: China has reportedly developed a new hypersonic weapon that could attack important U.S. military aircraft from very long distances.
Trump–North Korea: Trump wants to restart talks with North Korean leader Kim Jong Un. He expects to meet Kim again later this year, while the Iran conflict is still unresolved.
Nitco: Nitco has signed an agreement with HOABL Impactum Land to jointly develop land in Alibaug, expanding its real estate business.
Sigma Advanced Systems: The company has signed a major ₹1,600 crore agreement with Rolls-Royce Aerospace, which is positive for its business.
Sudarshan Chemical: The company has acquired Clariant’s aluminium dyes and chemicals manufacturing plant in Switzerland. This will help the company produce more of its own raw materials.
VA Tech Wabag: Wabag has won a large desalination project in Doha worth more than ₹1,000 crore and is also entering the Kuwait market.
PVR INOX: The company will consider a share buyback proposal on August 31. A buyback means the company may purchase its own shares from shareholders.
Biocon: Biocon has received approval in Japan to market its pegfilgrastim biosimilar, which is positive for its international business.
❤1
📊 Share Market Information:
Laxmi India Finance: Company plans to raise ₹100 crore through NCDs (debt securities).
Strait of Hormuz: Trump says the sea mines in international waters of the Strait of Hormuz have been removed or destroyed. Iran has been warned that any new mines placed there will be destroyed.
US monitoring Hormuz: The US says it is closely monitoring the Strait of Hormuz and has a zero-tolerance policy toward new mines.
Sugar imports: Government has relaxed the sugar import deadline. Importers now get 2 additional months instead of the earlier fixed October 31 deadline.
Canada–US trade: Canada has imposed 15%–50% tariffs on about $20 billion of US goods. Higher tariffs will affect areas such as steel, dairy, appliances, farm equipment, furniture and paper products.
SEPC: Company plans to acquire 100% of Wintality Petroleum FZE through a share-swap deal. It is also restructuring its subsidiary and has appointed K.B.K. Vasuki as an Independent Director. AGM is scheduled for September 28.
Borosil: Company expects 18% EBITDA margin in FY27. It is targeting 20%–24% ROCE in the medium term and plans ₹125–150 crore of capital expenditure.
Cupid: Management expects FY27 revenue of ₹725–750 crore and net profit of ₹210–225 crore. Long-term target is ₹1,500 crore revenue by FY29.
Veefin Solutions: Two subsidiaries have agreed to transfer business between them to simplify the group structure and improve operational efficiency.
Coforge: Coforge has received strong recognition from HFS Research for its above-industry performance, especially in revenue and operating profit per employee.
Laxmi India Finance: Company plans to raise ₹100 crore through NCDs (debt securities).
Strait of Hormuz: Trump says the sea mines in international waters of the Strait of Hormuz have been removed or destroyed. Iran has been warned that any new mines placed there will be destroyed.
US monitoring Hormuz: The US says it is closely monitoring the Strait of Hormuz and has a zero-tolerance policy toward new mines.
Sugar imports: Government has relaxed the sugar import deadline. Importers now get 2 additional months instead of the earlier fixed October 31 deadline.
Canada–US trade: Canada has imposed 15%–50% tariffs on about $20 billion of US goods. Higher tariffs will affect areas such as steel, dairy, appliances, farm equipment, furniture and paper products.
SEPC: Company plans to acquire 100% of Wintality Petroleum FZE through a share-swap deal. It is also restructuring its subsidiary and has appointed K.B.K. Vasuki as an Independent Director. AGM is scheduled for September 28.
Borosil: Company expects 18% EBITDA margin in FY27. It is targeting 20%–24% ROCE in the medium term and plans ₹125–150 crore of capital expenditure.
Cupid: Management expects FY27 revenue of ₹725–750 crore and net profit of ₹210–225 crore. Long-term target is ₹1,500 crore revenue by FY29.
Veefin Solutions: Two subsidiaries have agreed to transfer business between them to simplify the group structure and improve operational efficiency.
Coforge: Coforge has received strong recognition from HFS Research for its above-industry performance, especially in revenue and operating profit per employee.
Share Market Updates:
Juniper Green Energy: Q1 net profit increased to ₹33.5 crore from ₹21.7 crore YoY.
Juniper Green Energy: Q1 revenue rose to ₹290 crore from ₹160 crore YoY.
Juniper Green Energy: Q1 EBITDA increased to ₹260 crore from ₹138 crore. EBITDA margin improved to 89.82% from 85.90%.
Juniper Green Energy: Signed a power purchase agreement (PPA) with SJVN for a 50 MW renewable energy project.
Juniper Green Energy: Plans to install 4,500 MWh battery storage by June 2027 and 10,000 MWh by March 2028.
Man Infraconstruction: Management expects 25% profit growth in FY27. It targets ₹5,000 crore in property sales over the next 2 years and ₹35,000 crore project value by 2031.
KSB: Management expects 10–15% volume growth and 15–17% growth in value.
NIS Management: Won a ₹1.5 crore West Bengal government order to train 210 rural youth and help 150 of them get jobs. Contract period is 36 months.
Oswal Greentech: Received ISO 9001:2015 certification, supporting its real estate and property management operations.
Time Technoplast: Plans to merge its subsidiary TPL Plastech and invest ₹50 crore to support future growth.
Lemon Tree Hotels: Opened a new Lemon Tree Premier hotel in Vadodara, taking its Gujarat portfolio to 13 hotels, with 19 more properties planned.
🌏 India & Global News
India and China: Both countries plan to create expert groups for border demarcation and border management. They also plan more high-level military meetings and hotlines.
Rajnath Singh: Says India is on track to become one of the top 3 economies in the world.
India & Japan: Japan has invested around ₹1 lakh crore in India since 2025 and is progressing toward its ₹10 trillion investment target.
Japanese textile companies: Companies including Uniqlo are looking to increase investment and sourcing from India.
India & Ukraine: Foreign Minister Jaishankar discussed restarting commercial activity in the Black Sea with Ukraine's foreign minister.
India–Nepal: India sent a C-130J aircraft carrying 10 tonnes of relief material to Nepal, including shelters, blankets, hygiene kits, solar lamps and medicines.
Hormuz Strait: An Indian oil tanker reportedly avoided the southern route after receiving a warning, while no traffic was seen on the Oman corridor in the last 24 hours.
Oil prices: Crude oil prices rose, with US crude futures trading above $82.50 per barrel.
Russia–Ukraine: Reports say Putin may be planning further escalation as talks are seen as unsuccessful.
Juniper Green Energy: Q1 net profit increased to ₹33.5 crore from ₹21.7 crore YoY.
Juniper Green Energy: Q1 revenue rose to ₹290 crore from ₹160 crore YoY.
Juniper Green Energy: Q1 EBITDA increased to ₹260 crore from ₹138 crore. EBITDA margin improved to 89.82% from 85.90%.
Juniper Green Energy: Signed a power purchase agreement (PPA) with SJVN for a 50 MW renewable energy project.
Juniper Green Energy: Plans to install 4,500 MWh battery storage by June 2027 and 10,000 MWh by March 2028.
Man Infraconstruction: Management expects 25% profit growth in FY27. It targets ₹5,000 crore in property sales over the next 2 years and ₹35,000 crore project value by 2031.
KSB: Management expects 10–15% volume growth and 15–17% growth in value.
NIS Management: Won a ₹1.5 crore West Bengal government order to train 210 rural youth and help 150 of them get jobs. Contract period is 36 months.
Oswal Greentech: Received ISO 9001:2015 certification, supporting its real estate and property management operations.
Time Technoplast: Plans to merge its subsidiary TPL Plastech and invest ₹50 crore to support future growth.
Lemon Tree Hotels: Opened a new Lemon Tree Premier hotel in Vadodara, taking its Gujarat portfolio to 13 hotels, with 19 more properties planned.
🌏 India & Global News
India and China: Both countries plan to create expert groups for border demarcation and border management. They also plan more high-level military meetings and hotlines.
Rajnath Singh: Says India is on track to become one of the top 3 economies in the world.
India & Japan: Japan has invested around ₹1 lakh crore in India since 2025 and is progressing toward its ₹10 trillion investment target.
Japanese textile companies: Companies including Uniqlo are looking to increase investment and sourcing from India.
India & Ukraine: Foreign Minister Jaishankar discussed restarting commercial activity in the Black Sea with Ukraine's foreign minister.
India–Nepal: India sent a C-130J aircraft carrying 10 tonnes of relief material to Nepal, including shelters, blankets, hygiene kits, solar lamps and medicines.
Hormuz Strait: An Indian oil tanker reportedly avoided the southern route after receiving a warning, while no traffic was seen on the Oman corridor in the last 24 hours.
Oil prices: Crude oil prices rose, with US crude futures trading above $82.50 per barrel.
Russia–Ukraine: Reports say Putin may be planning further escalation as talks are seen as unsuccessful.
📈 Share Market Updates
1. Goyal: India can make the FDI process simpler to attract more foreign investors.
2. Indoco Remedies: The company sold its land at Mulgaon for ₹64 crore.
3. PM Modi: PM Modi will visit Uzbekistan from August 29–30.
4. PM Modi: He will attend the SCO Summit in Bishkek from August 31 to September 1.
5. PM Modi: He is expected to have a bilateral meeting with Russian President Putin during the SCO Summit.
6. Mahindra Lifespace: The company will sell its full stake in four associate companies for up to ₹80 crore.
7. LIC: LIC will invest ₹5,000 crore in Bajaj Finance’s NCDs.
8. R.P.P. Infra Projects: The company received a termination notice for a ₹205.89 crore Tamil Nadu Sports Development Authority project. ⚠️ Negative for the company.
9. Nepal Flood: A river has been blocked and a new lake has formed, causing concern after the recent flood.
10. Nepal Flood: The lake is still rising and there is a risk that it could burst, creating further flooding.
11. Adani Enterprises: AdaniConnex acquired 100% stake in Chandenvalle Infra Park for ₹535.69 crore.
12. Great Eastern Shipping: The company approved a ₹900 crore share buyback at a maximum price of ₹1,530 per share. 📈
13. Texmaco Rail: The company signed an agreement with Germany’s Bochumer Verein Verkehrstechnik to collaborate on railway wheels and axles.
14. LIC Housing Finance: The company clarified that the NCLT order related to Subhash Chandra’s personal insolvency will not affect its security interest.
15. White House: The US said that there are currently no negotiations with Iran.
16. US Jobs Data: Initial jobless claims were 203,000, better than the expected 208,000 and previous 206,000. This indicates a relatively strong US job market.
17. Federal-Mogul Goetze India: The company declared an interim dividend of ₹7.50 and a special dividend of ₹86.50 per share. 💰
18. Iran Oil: Iran says its oil sales and deliveries to distant markets are still continuing, although at lower levels.
19. Iran Gas: Around 40% of the damaged South Pars gas-field capacity has restarted production.
20. Tejas Networks: The company received a ₹1,537 crore Letter of Intent from TCS for supplying BSNL 4G RAN equipment. 📈
21. Allcargo Global: July LCL cargo volume was 728,000 CBM, with better container utilization.
22. Onion Prices: Onion prices in Delhi reached ₹60/kg. The government blamed middlemen for high prices and is releasing buffer stocks.
23. Sitharaman: Finance Minister Nirmala Sitharaman asked the Ontario Teachers’ Pension Plan to increase its investments in India’s infrastructure.
24. Hindustan Copper: Shareholders will consider raising funds through QIP of 9.69 crore shares and ₹500 crore NCDs.
25. SEBI: SEBI plans to create a standard procedure for handling settlement-related operations when markets are closed due to unexpected holidays.
26. NBCC: The company received new orders worth ₹134.27 crore for school buildings and a Canara Bank project. 📈
27. Karur Vysya Bank: The bank plans to open 16 new branches.
28. Renewable Energy: India may need around ₹30 lakh crore investment to achieve its target of 500 GW renewable energy capacity by 2030.
1. Goyal: India can make the FDI process simpler to attract more foreign investors.
2. Indoco Remedies: The company sold its land at Mulgaon for ₹64 crore.
3. PM Modi: PM Modi will visit Uzbekistan from August 29–30.
4. PM Modi: He will attend the SCO Summit in Bishkek from August 31 to September 1.
5. PM Modi: He is expected to have a bilateral meeting with Russian President Putin during the SCO Summit.
6. Mahindra Lifespace: The company will sell its full stake in four associate companies for up to ₹80 crore.
7. LIC: LIC will invest ₹5,000 crore in Bajaj Finance’s NCDs.
8. R.P.P. Infra Projects: The company received a termination notice for a ₹205.89 crore Tamil Nadu Sports Development Authority project. ⚠️ Negative for the company.
9. Nepal Flood: A river has been blocked and a new lake has formed, causing concern after the recent flood.
10. Nepal Flood: The lake is still rising and there is a risk that it could burst, creating further flooding.
11. Adani Enterprises: AdaniConnex acquired 100% stake in Chandenvalle Infra Park for ₹535.69 crore.
12. Great Eastern Shipping: The company approved a ₹900 crore share buyback at a maximum price of ₹1,530 per share. 📈
13. Texmaco Rail: The company signed an agreement with Germany’s Bochumer Verein Verkehrstechnik to collaborate on railway wheels and axles.
14. LIC Housing Finance: The company clarified that the NCLT order related to Subhash Chandra’s personal insolvency will not affect its security interest.
15. White House: The US said that there are currently no negotiations with Iran.
16. US Jobs Data: Initial jobless claims were 203,000, better than the expected 208,000 and previous 206,000. This indicates a relatively strong US job market.
17. Federal-Mogul Goetze India: The company declared an interim dividend of ₹7.50 and a special dividend of ₹86.50 per share. 💰
18. Iran Oil: Iran says its oil sales and deliveries to distant markets are still continuing, although at lower levels.
19. Iran Gas: Around 40% of the damaged South Pars gas-field capacity has restarted production.
20. Tejas Networks: The company received a ₹1,537 crore Letter of Intent from TCS for supplying BSNL 4G RAN equipment. 📈
21. Allcargo Global: July LCL cargo volume was 728,000 CBM, with better container utilization.
22. Onion Prices: Onion prices in Delhi reached ₹60/kg. The government blamed middlemen for high prices and is releasing buffer stocks.
23. Sitharaman: Finance Minister Nirmala Sitharaman asked the Ontario Teachers’ Pension Plan to increase its investments in India’s infrastructure.
24. Hindustan Copper: Shareholders will consider raising funds through QIP of 9.69 crore shares and ₹500 crore NCDs.
25. SEBI: SEBI plans to create a standard procedure for handling settlement-related operations when markets are closed due to unexpected holidays.
26. NBCC: The company received new orders worth ₹134.27 crore for school buildings and a Canara Bank project. 📈
27. Karur Vysya Bank: The bank plans to open 16 new branches.
28. Renewable Energy: India may need around ₹30 lakh crore investment to achieve its target of 500 GW renewable energy capacity by 2030.
❤2
📊 Share Market Information:
• LINC: The company opened a new Stackoo retail store and product experience centre in Mumbai on August 30, 2026.
• AXISCADES Technologies: The company will acquire Cloud Wave Technologies to enter and expand its business in aerospace manufacturing.
• Oil Green Energy: The company signed agreements with the Haryana government for 4 waste-to-clean-energy projects.
• Baazar Style Retail: The company opened a new Style Baazar store in Gajuwaka, Andhra Pradesh, taking its total stores to 282. This will help the company expand its presence in regional markets.
• Piramal Finance: The company plans to raise ₹3,850 crore through a capital raise, supported by strong investor participation and promoter warrants.
• Transformers & Rectifiers India: The company received a major order from NPCIL for generator transformers for Kaiga Nuclear Power Units 5 & 6. This strengthens its position in India's growing nuclear power sector.
• Sterlite Technologies (STL): The company secured a $288 million (₹2,752 crore) three-year contract from a major global hyperscaler to supply high-density optical fibre cables, supporting digital infrastructure expansion.
• Tata Chemicals: Tata Chemicals North America acquired Searles Valley Minerals' soda ash customer contracts for $21.16 million. The deal is expected to generate around $110 million in revenue through 2028 and strengthen its North American business.
• LINC: The company opened a new Stackoo retail store and product experience centre in Mumbai on August 30, 2026.
• AXISCADES Technologies: The company will acquire Cloud Wave Technologies to enter and expand its business in aerospace manufacturing.
• Oil Green Energy: The company signed agreements with the Haryana government for 4 waste-to-clean-energy projects.
• Baazar Style Retail: The company opened a new Style Baazar store in Gajuwaka, Andhra Pradesh, taking its total stores to 282. This will help the company expand its presence in regional markets.
• Piramal Finance: The company plans to raise ₹3,850 crore through a capital raise, supported by strong investor participation and promoter warrants.
• Transformers & Rectifiers India: The company received a major order from NPCIL for generator transformers for Kaiga Nuclear Power Units 5 & 6. This strengthens its position in India's growing nuclear power sector.
• Sterlite Technologies (STL): The company secured a $288 million (₹2,752 crore) three-year contract from a major global hyperscaler to supply high-density optical fibre cables, supporting digital infrastructure expansion.
• Tata Chemicals: Tata Chemicals North America acquired Searles Valley Minerals' soda ash customer contracts for $21.16 million. The deal is expected to generate around $110 million in revenue through 2028 and strengthen its North American business.
📈 Share Market Information:
Milky Mist Dairy Food: Q1 profit increased sharply to ₹64.5 crore from ₹5.7 crore last year. Revenue rose to ₹973 crore from ₹670 crore. EBITDA increased to ₹143 crore, with margin improving to 14.68%.
Leap India: Q1 profit rose to ₹24.7 crore from ₹19 crore. Revenue increased to ₹200 crore from ₹170 crore. EBITDA grew to ₹100 crore, with margin improving to 51.21%.
PM Modi – Russia: PM Modi held detailed discussions with President Putin. India-Russia cooperation continues to focus on energy, innovation, space, fertilisers and people-to-people relations.
Welspun Corp: The company and Welspun Living have mutually cancelled the planned sale of a 26% stake in Clean Max Dhyuthi.
Mankind Pharma: Completed the sale of its 100% stake in Broadway Hospitality to AKRK Projects.
NLC India: Received a Letter of Intent from the Telangana government for two mineral blocks containing vanadium, titanium and aluminium-rich laterite.
OneSource Specialty Pharma: Targets $400 million revenue and 40% EBITDA margin by FY28. Also received ₹70 crore Karnataka subsidy for expansion.
Milky Mist: Management expects strong growth, with Q1 revenue rising 43.6% to ₹973.45 crore.
NLC India Renewables: Formed a joint venture with OREDA for green energy projects.
Time Technoplast: Plans to increase the use of green power to 75% within two years and invest ₹120 crore in recycling facilities across India.
Kalyani Forge: Targets 20% EBITDA margin and plans ₹30 crore capital expenditure. Current order book is around ₹169 crore.
Millworks Tech: Plans to convert a ₹2.75 crore loan into equity, acquire a 67% stake in Vidwan Aeronautics and make it a subsidiary.
Neetu Yoshi: Raised ₹27.48 crore by issuing convertible warrants.
Active Clothing: Expanding sweater and T-shirt production. Ordered 106 advanced knitting machines from China, with commissioning planned in phases during FY27.
Tilaknagar Industries: Targets double-digit volume growth in FY27 and expects revenue growth to be stronger than volume growth. Plans to expand PRAG capacity six times.
Semicon 2.0: Government plans a ₹1.27 lakh crore investment push to build India's own semiconductor manufacturing and chip-design ecosystem.
Karnataka Bank: Targets ₹6,000 crore expansion in gold loans and plans to rebalance its asset mix.
Lodha Developers: Acquired the remaining 20% stake in Bellissimo Infratech for ₹73.52 crore, making it fully owned.
Rajputana Stainless: Plans to expand into higher-value products, using IPO funds for manufacturing expansion and solar power.
Lumino Industries IPO: IPO GMP fell from 76% to 58% in the last 24 hours, showing weaker investor sentiment.
Augmont Enterprises: Despite having around 39% GMP before listing, the stock listed with only about a 21% gain. This shows that GMP does not always translate into similar listing gains, especially when market sentiment is weak.
Juniper Green Energy: Commissioned 12.4 MW wind power capacity to support its renewable energy expansion.
Sun Pharma: Agreed to provide Most Favoured Nation pricing for US Medicaid, supporting the US initiative to improve access to medicines.
Sudarshan Chemical: Sold its VP4 Frankfurt unit to Celanese Corporation as part of its plan to focus more on its core pigments business.
UltraTech Cement: Started commercial production at its new wires and cables plant in Bharuch, expanding into electrical products.
SML Mahindra: August sales increased to 1,175 vehicles from 842 vehicles last year — a strong year-on-year increase.
E2E Networks: Signed a ₹1,000 crore binding agreement with a sovereign AI company to provide NVIDIA Blackwell GPUs and related cloud services.
Welspun Living: Cancelled its planned ₹76 crore acquisition of a 26% stake in Clean Max Dhyuthi Renewable Energy.
Swelect Energy: Transferred its 26% stake in ESG Solar to Garg Acrylics, supporting a group-level renewable power arrangement.
Tata Steel: Completed the sale of Jamshedpur Football & Sporting to Churchill Brothers while continuing its focus on grassroots sports.
Milky Mist Dairy Food: Q1 profit increased sharply to ₹64.5 crore from ₹5.7 crore last year. Revenue rose to ₹973 crore from ₹670 crore. EBITDA increased to ₹143 crore, with margin improving to 14.68%.
Leap India: Q1 profit rose to ₹24.7 crore from ₹19 crore. Revenue increased to ₹200 crore from ₹170 crore. EBITDA grew to ₹100 crore, with margin improving to 51.21%.
PM Modi – Russia: PM Modi held detailed discussions with President Putin. India-Russia cooperation continues to focus on energy, innovation, space, fertilisers and people-to-people relations.
Welspun Corp: The company and Welspun Living have mutually cancelled the planned sale of a 26% stake in Clean Max Dhyuthi.
Mankind Pharma: Completed the sale of its 100% stake in Broadway Hospitality to AKRK Projects.
NLC India: Received a Letter of Intent from the Telangana government for two mineral blocks containing vanadium, titanium and aluminium-rich laterite.
OneSource Specialty Pharma: Targets $400 million revenue and 40% EBITDA margin by FY28. Also received ₹70 crore Karnataka subsidy for expansion.
Milky Mist: Management expects strong growth, with Q1 revenue rising 43.6% to ₹973.45 crore.
NLC India Renewables: Formed a joint venture with OREDA for green energy projects.
Time Technoplast: Plans to increase the use of green power to 75% within two years and invest ₹120 crore in recycling facilities across India.
Kalyani Forge: Targets 20% EBITDA margin and plans ₹30 crore capital expenditure. Current order book is around ₹169 crore.
Millworks Tech: Plans to convert a ₹2.75 crore loan into equity, acquire a 67% stake in Vidwan Aeronautics and make it a subsidiary.
Neetu Yoshi: Raised ₹27.48 crore by issuing convertible warrants.
Active Clothing: Expanding sweater and T-shirt production. Ordered 106 advanced knitting machines from China, with commissioning planned in phases during FY27.
Tilaknagar Industries: Targets double-digit volume growth in FY27 and expects revenue growth to be stronger than volume growth. Plans to expand PRAG capacity six times.
Semicon 2.0: Government plans a ₹1.27 lakh crore investment push to build India's own semiconductor manufacturing and chip-design ecosystem.
Karnataka Bank: Targets ₹6,000 crore expansion in gold loans and plans to rebalance its asset mix.
Lodha Developers: Acquired the remaining 20% stake in Bellissimo Infratech for ₹73.52 crore, making it fully owned.
Rajputana Stainless: Plans to expand into higher-value products, using IPO funds for manufacturing expansion and solar power.
Lumino Industries IPO: IPO GMP fell from 76% to 58% in the last 24 hours, showing weaker investor sentiment.
Augmont Enterprises: Despite having around 39% GMP before listing, the stock listed with only about a 21% gain. This shows that GMP does not always translate into similar listing gains, especially when market sentiment is weak.
Juniper Green Energy: Commissioned 12.4 MW wind power capacity to support its renewable energy expansion.
Sun Pharma: Agreed to provide Most Favoured Nation pricing for US Medicaid, supporting the US initiative to improve access to medicines.
Sudarshan Chemical: Sold its VP4 Frankfurt unit to Celanese Corporation as part of its plan to focus more on its core pigments business.
UltraTech Cement: Started commercial production at its new wires and cables plant in Bharuch, expanding into electrical products.
SML Mahindra: August sales increased to 1,175 vehicles from 842 vehicles last year — a strong year-on-year increase.
E2E Networks: Signed a ₹1,000 crore binding agreement with a sovereign AI company to provide NVIDIA Blackwell GPUs and related cloud services.
Welspun Living: Cancelled its planned ₹76 crore acquisition of a 26% stake in Clean Max Dhyuthi Renewable Energy.
Swelect Energy: Transferred its 26% stake in ESG Solar to Garg Acrylics, supporting a group-level renewable power arrangement.
Tata Steel: Completed the sale of Jamshedpur Football & Sporting to Churchill Brothers while continuing its focus on grassroots sports.