Recent Update

Dilip Buildcon declared L-1 bidder for a Rs 2,524 Cr canal project in Chhattisgarh (lump-sum, 30-month construction + 5-year O&M). The large order materially boosts revenue visibility and order book.

The Commercial Court, Dehradun, dismissed the Uttarakhand PWD's petitions challenging the arbitration award. The award, now confirmed, is valued at Rs 82.77 crore as of 27.07.2026, with 12% interest continuing until payment.

Icon Facilitators secured a Rs 1.12 Cr technical services contract from Cushman & Wakefield for Elan Epic and Town Centre, Gurugram, over 12 months.

Non-promoters Sujatha Mehta & Shreyans Mehta sold 4.08L shares (2.10%) via open market; post-sale holding 7.21%.

L&T signed an Ultra-Mega (>₹15,000 Cr) framework agreement with TenneT for 2 GW offshore wind programme, covering six HVDC projects and 8 GW cumulative capacity, reinforcing its global renewable energy footprint.

Om Infra emerged as lowest bidder (L1) for a Rs. 568.98 Cr water resource project in Chhattisgarh, involving barrage construction and micro-irrigation. Awaiting LOI.

Cipla received USFDA approval for generic Advair Diskus (fluticasone/salmeterol) in all strengths. US market size ~$908M; first DPI approval from its US network. Launch expected Q2 FY27, a key catalyst for US respiratory growth.

Aurionpro Q1FY27 revenue ₹358cr (+6.3% YoY). EBITDA margin 17.2%, falling below the 18-22% band for the first time in four years. PAT down 12.6%. Largest-ever US deal ($33mn) and Ujjivan SFB order won. Management expects supply chain and MEA disruptions to normalize; growth to accelerate in H2.

Lapse and forfeiture of 2.4 mn promoter warrants after non-payment of balance; Rs 30.3 crore upfront forfeited, Rs 180.4 crore planned capital not raised. No share capital change. Board also identified senior management and appointed internal auditor.

Indus Q1FY27 revenue Rs84.3B (+4.6% YoY), PAT flat at Rs17.5B; EBITDA margin 53.7% (-80bps). Tower/colocation adds robust. Vi's AGR dues cut to Rs640B, easing tail risk. CFO Vikas Poddar resigned, successor named.

Q1 FY27 Consolidated Results YoY: Revenue at 436 Cr vs 501 Cr, down 13.0%. EBITDA at 46.9 Cr vs 19.7 Cr, up 138.1%. EBITDA Margin at 10.8% vs 3.9%, expansion of 690bps; no specific driver disclosed in the filing. PAT at 102 Cr vs 1.6 Cr; includes exceptional gain of 96.2 Cr from sale of Podanur property. Steel buildings segment revenue fell 52.1% t

Board meeting on 31st July 2026 to consider appointment of an Executive Director, increase in authorised share capital, and fundraising via preferential issue of equity shares and convertible warrants, subject to approvals.

Q1 FY27 Standalone Results YoY: Revenue at 106 Cr vs 100 Cr, up 6.1%. EBITDA at 22.8 Cr vs 20.7 Cr, up 10.4%. EBITDA Margin at 21.5% vs 20.6%, expansion of 90bps. PAT at 15.0 Cr vs 10.5 Cr, up 43.1%; benefitted from deferred tax credit of 2.2 Cr. Board approved ESOP Scheme 2026 with up to 10 lakh options. Shareholder approval sought to increase bor

Aastha Spintex reported record FY26 net profit of ₹23.8Cr on revenue of ₹352Cr. Board approved a 1:1 bonus, Re0.10/share dividend, and forward integration into knitted fabric manufacturing.

Inventory Gains Triple Profit PAT at Rs 238 Cr in Q1 FY27, +189.6% YoY. Revenue at Rs 1,715 Cr in Q1 FY27, +22.3% YoY. EBITDA at Rs 350 Cr, +165.8% YoY. EBITDA margin at 20.4% vs 9.4%; cost of materials consumed grew 9.0% vs revenue growth of 22.3%. Board approved new Polystyrene line of 80,000 TPA at Amdoshi, investment Rs 325 Cr, by March 2029, t

Q1 FY27 Consolidated Results YoY: Revenue at 1715 Cr vs 1402 Cr, up 22.3%. EBITDA at 350 Cr vs 132 Cr, up 165.8%. EBITDA Margin at 20.4% vs 9.4%, expansion of 1100bps; change in inventory of finished goods swung from -21.3 Cr to -123.2 Cr, boosting margin. PAT at 238 Cr vs 82 Cr, up 189.5%. Board approved new 80,000 TPA Polystyrene line at Amdoshi

The Board approved entering a binding term sheet to develop a senior living project on 4 acres in Chennai (566k sq ft built-up area). The company will earn a fixed return of 7.5% of topline and arrange working capital facilities.

AUM +25.7% yoy; ~25% FY27 AUM growth guidance reaffirmed; CFO Nutan Gaba Patwari resigned; Spread ex-CL 5.3% (+20bps yoy); GNPA 1.8% stable

Board withdrew the proposed preferential issue of up to 12.55 lakh equity shares to members of Jayant Infraprojects (AOP) for consideration other than cash, and terminated the related Business Transfer Agreement, citing restructuring plans. Company states no adverse impact on financial position or operations.

Supreme Holdings received an Amended Commencement Certificate for its Belmac Infinity project in Navi Mumbai, permitting construction of three additional floors (now G+13). This expansion is expected to improve the project's value proposition and revenue potential.

Board approved Nimbus Projects acting as guarantor for a Rs. 23 crore term loan facility from ICICI Bank to subsidiary IITL-Nimbus (The Express Park View). The loan at 10.10% p.a. for 36 months will refinance existing debt and fund ongoing projects.

Board approved availing Rs 40 Crore term loan from ICICI Bank at 10.10% p.a. for 36 months to refinance existing project debt and fund ongoing projects, secured by Greater Noida land and project receivables.

Q1FY27 PAT ₹1,401Cr (+11% YoY), revenue ₹18,898Cr (+8%), EBITDA ₹4,249Cr (+8%). Highest-ever quarterly capex ₹5,375Cr. Solar manufacturing PAT 3.9x YoY to ₹371Cr; rooftop PAT 1.7x YoY. Transmission LOI for >₹4,000Cr Karnataka project. Mundra fully operational.

Vardhman Special Steels held the foundation stone laying ceremony for its forging unit in Ludhiana. Total investment is ₹1,116 crore across two phases, with the first forging line targeted for commissioning by March 2028, leveraging Aichi Steel's technology.

The Committee of Creditors approved Ankoor Distilleries' resolution plan with 100% voting, while rejecting liquidation. The company is undergoing insolvency resolution; plan approval marks a crucial step toward revival.

Goodluck Defence received DGQA certification for 155mm M107 artillery shells, qualifying as an approved supplier to the Ministry of Defence. The milestone enables participation in supply opportunities, strengthening the company's defence manufacturing credentials.

Board approved increase in authorized share capital to Rs 60 Cr and rights issue of up to Rs 50 Cr. Appointed Pranshu Poddar as independent director; accepted resignation of Ramanuj Darak. Q1 FY27 standalone revenue at Rs 0.03 Cr, net profit Rs 0.01 Cr.

Amit Agarwal, Executive Director – Finance & CFO, has resigned effective October 8, 2026, to pursue an opportunity outside Pfizer. He will also step down from board committees.

New capex: Epoxy Resin 125ktpa & MPP, H2FY28. Q1 rev 709cr, EBITDA 25%, vol +5%, util >80%, net debt/EBITDA 0.8x.

Q1FY27 revenue +15% YoY to ₹709cr, PAT +25% to ₹99cr, EBITDA margin 25%. Board approved ₹600cr capex for Epoxy Resin & Formulations (125ktpa) and Multi-Purpose Plant, commissioning H2FY28, leveraging internal raw material integration.

SPV implementing 225 MW solar power project under PM-KUSUM

Remsons Industries accepted the resignation of CEO Amit Srivastava, effective September 4, 2026, and appointed Rahul Desai as CEO from August 3, 2026. Desai has over 30 years of automotive manufacturing experience, previously serving as Executive Director & CEO at Pinnacle Industries and CEO at CIE India.

Monika Alcobev partners with Angostura to import and distribute its rum and bitters in India, starting in Maharashtra and Delhi. The move adds another global brand to its portfolio but lacks financial terms.

Q1 FY27 revenue exceeded ₹108 crore. Q2 production capacity 81% booked, strong order pipeline. Margins healthy despite logistics challenges. Positive business update indicates robust demand and execution.

Promoters' entire 44.06% stake is now free of encumbrances after the NDU on 88.65% of promoter shares was released, following repayment of the Rs 550 crore Kotak working capital facility. The move underscores the company's improving financial health.

Rajesh Power Services received a Rs. 75.05 Crores turnkey order from RVPNL for a 132/33 kV GIS substation and transmission line in Jodhpur, to be executed in 18 months.

Associate EIM executed an agreement with HPCL to set up fast charging and battery swapping for heavy commercial vehicles at HPCL outlets nationwide. Phase 1 targets key freight corridors in 18–24 months, with 40 swap-cum-charge stations planned by March 2027. EIM already operates six heavy-duty swap stations.

Welspun Corp receives Rs 960 Cr order for US coated line pipes, lifting global order book to a record Rs 25,750 Cr, strengthening revenue visibility for FY27-28.

Sigma Advanced Systems secured a USD 104.9 million (INR 1,013 Cr) export order from a North American customer for 155mm base bleed artillery shells, to be executed in 6-12 months. The order is margin accretive and marks the company's first major defence manufacturing contract.

Q1FY27 consolidated net profit up 23% YoY to ₹36.7 crore, led by strong broking and trading. Insurance broking revenue grew but profit dipped. Board approves NCD public issue up to ₹150 crore.

Q1 FY27 Consolidated Results YoY: Revenue at 515.1 Cr vs 424.9 Cr, up 21.2%. EBITDA at 107.5 Cr vs 100.8 Cr, up 6.6%. EBITDA Margin at 20.9% vs 23.7%, contraction of 280bps; fees and commission expense grew 31.4% vs revenue growth of 21.2%. PAT at 36.7 Cr vs 30.0 Cr, up 22.7%. Insurance broking revenue surged 44.3% but segment profit declined 32.3%

Transworld Shipping Lines signed an MOA to sell vessel M.V. SSL Visakhapatnam for US$3.08 million to Last Voyage DMCC.

Waaree Renewable Technologies received two LOAs for 800 MWac/1,082 MWp ground-mounted solar EPC projects from a leading Indian renewable energy company, scheduled for completion in FY28. The order significantly expands the existing 2.83GW order book and reinforces growth momentum.

Hirect secured a maiden ₹60 Cr order from MCF/Indian Railways for propulsion systems for 4 MEMU trainsets, to be executed within 24 months.