Large cap
HTL's rating upgrade is positive, but small for HFCL
CARE upgrades HTL's long-term facilities to A (CE) with positive outlook. The ₹595 crore banking facilities are modest relative to HFCL's ₹32,908 crore market cap.
Bajaj Housing Finance AUM rises 24% to ₹1,49,610 crore in Q1 FY27
Disbursements up 11% to ₹19,500 crore, but the quarterly update lacks earnings and asset quality data.
TVS Holdings puts ₹176 cr more into Home Credit India; stake stays at 80%
The NBFC arm is profitable again, but the ₹176 cr infusion is just 0.63% of TVS Holdings' market cap and smaller than an earlier ₹526.79 cr injection.
Mahindra Finance Q1 disbursements jump 21% YoY to ₹15,560 cr, asset quality stable
First-ever voluntary quarterly update shows business assets at ₹1,37,300 cr, up 12%; Stage-3 assets improve to 3.4% from 3.8% a year ago
Lenskart JV with China's Mingfeng for metal frames; merger formalised
Lenskart's board approved a joint venture with Mingfeng Glassesworld to manufacture metal spectacle frames in India, with Lenskart holding 80% for just ₹80,000. The merger of two wholly-owned subs was already known.
IRB locks in ₹4,605 cr asset transfer to InvIT
Binding term sheet converts May's non-binding offer, unlocking ₹2,744 cr equity for a ₹8,000 cr pipeline. Two BOT assets move to public InvIT, adding ₹2,400 cr to O&M order book.
Bank of India Q1 business rises 16.58%, in line with sector
Global business hits ₹17,55,915 crore as deposits and advances climb 14.92% and 18.64% respectively. Provisional data lacks profit or asset quality metrics, offering no surprise.
Glenmark starts Phase 3 trial for ovarian cancer ADC in India
India is first to enroll in a multi-country study for Trastuzumab rezetecan. The drug, in-licensed from Hengrui, excludes major markets like the US and Europe, limiting financial upside.
Netweb Technologies plans ₹1,200-crore equity fundraising
Board approved a mix of instruments including QIP, preferential, rights, and FPO, representing about 4.6% of market cap. Shareholder nod sought via postal ballot.
NLC India bags 600 MW solar order in Uttar Pradesh
Subsidiary wins concrete LoA at Jalaun Solar Park from NHPC-UPNEDA JV; adds ~7% to group capacity, pushing green pivot.
Hero MotoCorp commits ₹3,200 cr to Tirupati, targets 1.5 mn EV capacity
The two-wheeler giant lays foundation for a Global Parts Centre and scales EV production, signalling a long-term strategic shift in manufacturing and electrification.
Tata Tech deepens Tenneco tie-up with $100M pact, but annual run-rate is modest
The five-year strategic engagement, signed on June 30, extends a 2021 collaboration. At roughly ₹166 cr per year, it's less than 3.5% of revenue. An operational update, not a re-rating event.
Affle meets SageOne, Bajaj funds in routine investor meeting
The company held one-on-one meetings with SageOne Investments and three Bajaj group funds on July 1. It said no unpublished price-sensitive information was shared.
Alkem wins ₹660 cr tax dispute, says no material impact
CIT Appeals deletes disallowances under Section 80-IE for five years, but the pharma major calls the sum immaterial relative to its ₹64,864 cr market cap.
IREDA loses its CMD to superannuation; finance chief takes interim charge
Pradip Kumar Das retired on July 1. Dr Bijay Kumar Mohanty gets additional charge for three months or until a permanent CMD is appointed.
ICRA upgrades Patanjali Foods to AA- from A+, stable outlook
One-notch upgrade takes long-term rating to AA-; bank limits raised to ₹4,425 cr. For a firm with near-zero debt and record sales, the move is incremental but confirms improved credit metrics.
Godrej Properties lands ₹331.75 cr Noida plot, follows a bigger buy
The 4.95-acre parcel in Sector 151 targets ₹2,000 cr in revenue, but is modest for a ₹55,745 cr developer. Just days after a ₹7,000 cr Greater Noida deal, this is incremental.
Glenmark gets six FDA observations at Goa plant; supply unaffected
The USFDA inspection ended June 30 with six procedural observations; Glenmark says no impact on commercial products and will respond timely. Observations avoid data integrity and repeat findings.
Dixon's export head retires; no successor named
Kishore Kumar Kaul, Business Head for EXIM and New Business, stepped down on 30 June upon superannuation. The departure is orderly and the role is not C-suite, so the event is unlikely to move the stock.
PB Fintech pumps ₹20 cr into payments arm, eyes Dubai insurance
Capital infusion in PB Pay to meet RBI norms; two DIFC step-downs for insurance advisory and reinsurance broking with combined ~₹9 cr.
NTPC Green's Ayana bags 193 MW wind project in MP auction
Ayana Renewable Power, a step-down subsidiary, won 193 MW at ₹4.17/kWh in MPPCL's 800 MW wind tender with greenshoe. The win adds ~1.9% to NTPC Green's 10,000+ MW capacity, but contract value is undisclosed.
HUDCO's Q1 loan sanctions nearly double, eclipse own market cap
Provisional sanctions of ₹65,485 crore for the June quarter represent a 93% YoY jump and already 40% of FY26 full-year sanctions. The state-owned financier's lending momentum accelerates after recent state MoUs.
Tata Communications installs new CTO, cloud chief in leadership reshuffle
CTO Genius Wong resigns; Rupesh Chokshi from Akamai takes over as CTO and network services head; Vivek Srivastava from Fortinet leads cloud and cyber security.
Prestige launches ₹2,200 cr Mumbai phase, 17% of FY26 revenue
Phase 2 of Prestige Forest Hills brings 500 premium apartments. The GDV equals 16.7% of FY26 revenue, significantly boosting the pipeline.
L&T Finance sets July 10 for Q1 results
Routine board meeting intimation for unaudited quarterly results; no financial details or guidance.