Recent Update

KEC secured ₹1,063 crore of orders across Civil, T&D, Renewables, and Cables. The wins include a 50+ MW wind EPC project and a 400 kV African transmission line. YTD order intake exceeds ₹6,300 crore, supporting backlog diversification and execution visibility.

Q1 FY27 Consolidated Results YoY: Revenue at 429 Cr vs 499 Cr, down 14.0%. EBITDA at 33.5 Cr vs 124.7 Cr, down 73.2%; includes further impairment of 21.8 Cr, while Other Income fell to 8.8 Cr vs 77.1 Cr. EBITDA Margin at 7.8% vs 25.0%, contraction of 1720bps. PAT swung to a loss of 79.9 Cr vs profit of 53.5 Cr, reflecting the impairment and 62.4 Cr

The Government of India proposed an Offer for Sale of up to 2.5% of LIC at a floor price of ₹382 per share on August 4–5, 2026, with an option to increase the sale to 6.5% and a separate employee allocation of up to 0.04%.

The Government of India will sell up to 31.62 crore LIC shares, representing 2.5% of paid-up equity, through an August 4–5 OFS, with an option to increase the sale to 6.5% or 82.22 crore shares. The floor price is ₹382 per share.

Lucchini RS will acquire a 15% stake and Italy’s SIMEST a 10% stake in JTRWF for approximately €28 million, creating a strategic India-Italy partnership for India’s first fully integrated private-sector railwheel platform, including the Odisha facility, with technology transfer and export ambitions.

The Government of India proposes to sell up to 2.50% of LIC at a floor price of ₹382 per share on August 4–5, 2026, with an option to increase the offer to 6.50%; eligible employees may receive 0.04%.

Operates a boutique luxury hotel, restaurants, and allied hospitality services.

Atishay received a ₹1.73 crore domestic work order from Jaipur Central Cooperative Bank to supply, install, commission and maintain Micro ATMs for PACS, with execution due by August 31, 2026.

Suryam India Minecorp transferred 10% of Exclusive Quarries to Sumantra Techsoft for ₹1.44 crore, reducing its holding from 51% to 41%. EQPL consequently ceased to be Suryam’s subsidiary and Royal India Corporation’s stepdown subsidiary. The buyer is unrelated to the promoter group.

Q1 FY27 Consolidated Results YoY: Revenue at 305 Cr vs 272 Cr, up 12.1%. EBITDA at 137 Cr vs 139 Cr, down 1.6%. EBITDA Margin at 44.9% vs 51.2%, contraction of 630bps; other income fell to 3.1 Cr from 15.1 Cr, masking operating strength, while employee costs declined 35.3% despite revenue growth of 12.1%. PAT at 24.9 Cr vs 19.2 Cr, up 29.7%. RARE I

MSEDCL transferred outstanding electricity dues totaling Rs. 140.45 crore to Eurotex’s operating connection and demanded payment within 15 days, threatening disconnection. Eurotex said its CGRF complaint was rejected, its Supreme Court clarification appeal dismissed, and it disputes a separate Rs. 54.28 crore notional-billing demand while pursuing

Holds development rights for Mumbai land through real estate arrangements.

Arvind opened its QIP for qualified institutional buyers at a floor price of ₹518.58 per share, with discretion to offer up to a 5% discount; the final issue price will be determined with the lead manager. Context: converts the previously enabling approval into an active capital raise.

VVIP Infratech secured a ₹198.5 crore Delhi Jal Board sewerage LOI, executable over 24 months. Including a recent ₹104 crore Haryana STP win, unexecuted standalone order book reached ₹1,072.14 crore, providing management-estimated 2–3 years of revenue visibility.

Hobel Acquisition Powers Growth PAT at Rs 28 Cr in Q1 FY27 (consolidated), +45.7% YoY. Revenue at Rs 108 Cr in Q1 FY27 (consolidated), +70.9% YoY. EBITDA at Rs 47 Cr, +49.2% YoY. EBITDA margin at 43.3% vs 49.6%. Board approved a QIP of up to Rs 750 Cr, completed the Rs 450 Cr acquisition of Hobel Bellows, and approved up to Rs 5 Cr further investme

Board approved a proposed QIP of equity shares and/or convertible securities for aggregate consideration up to ₹750 crore, subject to shareholder approval at the ensuing AGM, in one or more tranches.

Simplex Castings received a domestic order worth ₹7.08 crore (excluding GST) from Rashtriya Ispat Nigam for flash plate and frame assemblies, to be completed within 7–8 months. The contract provides meaningful near-term revenue visibility.

Q1 FY27 Consolidated Results YoY: Revenue at 108 Cr vs 63 Cr, up 70.9%; includes consolidation of Hobel Bellows from April 27, acquired for 450 Cr. EBITDA at 46.6 Cr vs 31.2 Cr, up 49.1%. EBITDA Margin at 43.3% vs 49.6%, contraction of 630bps. PAT at 27.9 Cr vs 19.1 Cr, up 45.7%. Board approved a QIP of up to 750 Cr, subject to shareholder approval

Q1 FY27 Consolidated Results YoY: Revenue at 156 Cr vs 187 Cr, down 17.0%. EBITDA at 75.3 Cr vs 88.4 Cr, down 14.9%. EBITDA Margin at 48.4% vs 47.2%, expansion of 120bps; includes unprovided interest of 5.3 Cr, which also inflated PAT. PAT at 26.6 Cr vs 82.2 Cr, down 67.7%. Other expenses grew 35.9% despite revenue declining 17.0%. Board approved r

Praj GenX signed an exclusive framework agreement with a global EPC, securing minimum business of US$52 million (~₹500 crore) over 2.5 years for hyperscale data-center components; first-tranche execution has begun. Context: resolves the previously pending data-center order question.

Sancode Semi raised ₹107 crore through preferential allotment, including Sancode Technologies’ ₹43 crore investment for 12,647 CCPS. The parent will retain 95.74% fully diluted ownership; proceeds will fund the Odisha-approved OSAT project, including land, technology and equipment. The subsidiary reported nil FY26 turnover.

Leapfrog Engineering Services received a ₹6.93 crore purchase order, excluding GST, from ITC’s Bhiwadi Atta Plant for supplying, testing and commissioning electrification works for process and silo facilities.

Board approved ₹601 crore of phased capacity additions by FY29: 4,275 KL/month of industrial paints across Sayakha, Bawal and Hosur, plus 1,215 MT/month of powder coating and 815 MT/month of industrial resins, funded through internal accruals. Context: extending its industrial-led growth trajectory.

Dharni Capital Services and Managing Director Hemant Dharnidharka received an ED complaint and charge-sheet under PMLA alleging facilitation of layering and laundering of Rs. 12.54 crore. No formal charges or orders have been passed; the company is pursuing legal remedies and reports no immediate operational or financial impact.

DCW temporarily suspended operations at its Dhrangadhra plant from August 1 due to flooding and waterlogging after heavy rains. Normal operations are expected in 10–15 days, subject to restoration and weather, followed by gradual ramp-up; damage and production impact remain unquantified, with stock and machinery covered by insurance.

Board approved preferential share-swap issuance of 7,25,041 shares at Rs 1,330 each to acquire the remaining 26% of N.S. Engineering Projects, making it a wholly owned subsidiary. Members will vote on SME-to-mainboard migration and raising borrowing limits from Rs 200 Cr to Rs 1,000 Cr, alongside Rs 1,000 Cr investment/guarantee limits. Context: co

Capex Bets Extend Recovery PAT at Rs 10.3 Cr in Q1 FY27 (consolidated), +90.1% YoY. Revenue at Rs 138.7 Cr in Q1 FY27 (consolidated), +20.6% YoY. EBITDA at Rs 23.7 Cr, +30.8% YoY. EBITDA margin at 17.1% vs 15.8%. Board approved Rs 150 Cr investment for capacity rebuilding, modernization and expansion, including approximately 75 MT of additional cap

Q1 FY27 Consolidated Results YoY: Revenue at 138.7 Cr vs 115.0 Cr, up 20.6%. EBITDA at 23.7 Cr vs 18.1 Cr, up 30.8%. Other Income rose to 8.9 Cr vs 1.3 Cr, up 565.5%, materially supporting reported EBITDA and PAT. EBITDA Margin at 17.1% vs 15.8%, expansion of 134bps. PAT at 10.3 Cr vs 5.4 Cr, up 90.1%. JV share of profit fell to 0.8 Cr from 1.3 Cr,

Seasonal Slump Hits Profits PAT at Rs 36.3 Cr in Q1 FY27 (standalone), -34.6% YoY. Revenue at Rs 462 Cr in Q1 FY27 (standalone), -12.6% YoY. EBITDA at Rs 64 Cr, -29.9% YoY. EBITDA margin at 13.8% vs 17.3%; other expenses grew 0.8% despite revenue declining 12.6%. Board approved up to Rs 200 Cr investment for a 23,000 MT Nagpur pesticide plant targe

Q1 FY27 revenue fell 12.6% year-on-year to ₹461.9 crore and PAT declined 34.6% to ₹36.3 crore. The company approved up to ₹200 crore for a 23,000 MT-per-year pesticide plant in Nagpur, targeted to become operational by March/April 2028, funded through internal accruals and/or debt.

Q1 FY27 Standalone Results YoY: Revenue at 462 Cr vs 528 Cr, down 12.6%. EBITDA at 63.9 Cr vs 91.2 Cr, down 30.0%. EBITDA Margin at 13.8% vs 17.3%, contraction of 350bps. PAT at 36.3 Cr vs 55.5 Cr, down 34.6%. Other expenses grew 0.8% despite revenue declining 12.6%. Board approved investment of up to 200 Cr for a new 23,000 MT annual-capacity pest

Mercury Trade Links received a Section 9 IBC notice from Fettech Commercial Enterprises proposing initiation of CIRP over alleged operational debt. No NCLT application has been admitted and no order has been passed; the company is examining the allegations and preparing its legal response.

Sattrix Information Security received July purchase orders aggregating ₹2.70 crore for cybersecurity products, software licenses, implementation, and support services from customers across multiple industries and global geographies, strengthening order-book visibility.

Falcon Yarns, the acquiring company, reported a confirmed ₹51.46 crore cotton-yarn order book across 38 orders from 10+ clients for August–October 2026, equivalent to 20.62% of Aastha Spintex’s FY2024-25 revenue. Repeat orders and a new client indicate strong demand visibility.

GACM Technologies executed a non-related-party MOU with Meridian Intelligence for prospective software-development agreements worth ₹15 crore through September 2028. The MOU is non-binding and commercial realization remains uncertain.

Biocon launched Yesafili, an interchangeable biosimilar to Eylea 2 mg, in the U.S., targeting a $5.89 billion reference product market. It is indicated for wet AMD and other eye conditions.

Biocon commercially launched Yesafili™, its interchangeable biosimilar aflibercept 2 mg, in the U.S. on August 3, 2026, targeting the ~$5.9 bn Eylea® market. Context: fulfills the anticipated biosimilar launch catalyst.

HFCL secures ~USD 54.81Mn (~₹522.73Cr) export orders for optical fiber cables to be executed by Jan 2027, reinforcing export-led growth.

Cyber Crime Police conducted a search and seizure at Unifinz Capital's corporate office on 1 August 2026. The company cooperated fully and reports no material impact on operations. Context: another incident in a pattern of governance and compliance lapses.

SEBI order dated July 31, 2026, debars ZEE from securities market for two months, and MD Punit Goenka and promoter Subhash Chandra for twelve months for unauthorised pledging of Hyderabad land; aggregate penalty of Rs 1.48 crore imposed. Company evaluating order.

Kernex won a ₹66.62Cr order from Integral Coach Factory (Chennai) for supply, installation, and commissioning of onboard Kavach equipment for EMU/MEMU trains, due by March 2028. This adds a new customer and expands Kavach deployment beyond existing locomotive contracts.

STL secured a ~INR 960 Cr, 2-year (extendable by 2 yrs) supply agreement with a domestic telecom operator for optical fibre cables, further boosting its strong order book.

Sri Chakra Cement received a demand notice under IBC from coal supplier Ushodaya Enterprises for unpaid operational debt of ~Rs 2.91 crore plus interest. The company is reviewing the claim, expects an amicable resolution within statutory timelines, and anticipates no material financial or operational impact.

Board approved fundraising of up to ₹50 Cr through unrated, unlisted NCDs and a ₹45 Cr corporate guarantee for subsidiary Nityo Tech's NCDs, as the company continues to tap debt markets.

Board approved raising up to Rs 50 Cr via unrated, unlisted NCDs on private placement basis. Also approved corporate guarantee up to Rs 45 Cr for Nityo Tech Private Limited's NCDs.

3i Infotech renewed a one-year application support contract with a leading private sector bank, valued at Rs 13.11 crore, covering April 2026 to March 2027.

Satnam Singh (Promoter group) sold shares off-market; voting rights: 15,83,274 to 34,997.

Provides e-payment services and deals in various payment products.

NIS Management received a Rs. 7.92 crore work order from Odisha government for training and placement of 1,200 rural youth under DDU-GKY project over 24 months.