Tipsheet
What matters at India’s listed companies
Archive / Mega cap

Mega cap

242 published. India’s largest listed companies by market value.

Fri · 10 Jul
5
Finance - Lending

PFC does a second US$300M note in a month, this time floating

After a fixed-rate 5.32% issuance in June, PFC prices US$300M floating-rate notes due 2029 at SOFR+110 bps, a routine funding move for the large PSU NBFC.

PFC Mega cap 4:19 PM
5
Telecom

Indus Towers appoints Airtel B2B finance chief as CFO

Abhishek Maheshwari, a chartered accountant with 21 years of experience, will take over as CFO effective August 19, 2026, a routine leadership move.

INDUSTOWER Mega cap 4:09 PM
6
Trading

Adani Enterprises makes small bet on green chemicals with Dioxycle

The group will pilot formic acid production from captured CO₂ and renewable power, marking its first chemicals foray. No investment disclosed, no commercial timeline.

ADANIENT Mega cap 12:14 PM
Thu · 09 Jul
5
Oil Exploration

ONGC board clears 1.75 MMT strategic reserve, no cost or timeline

In-principle approval follows a ministry directive. The board wants broader commercial use, but without capex or schedule, the earnings impact is undefined.

ONGC Mega cap 9:19 PM
6
Concalls · IT - Software

TCS sees AI boom but flags Q1 softening and tone shift

Management went from saying macro headwinds 'behind us' in April to citing 'increasing uncertainty' in July. Consumer and life-sciences projects deferred; margin drops to 24%.

TCS Mega cap 8:13 PM
5
Finance - NBFC

Jio Financial board to meet July 16 for Q1 results

Routine intimation; no financials disclosed yet. Analyst presentation to follow after the board meeting.

JIOFIN Mega cap 6:50 PM
5
Pharmaceuticals

Torrent Pharma recalls select Semalix pens after Dr. Reddy's flag

Voluntary, precautionary recall of select batches of Semalix injection pens. No patient safety risk, other semaglutide products unaffected. Event is immaterial for the large-cap pharma.

TORNTPHARM Mega cap 5:35 PM
6
Pharmaceuticals

Dr. Reddy's halves semaglutide supply guidance after API impurity

An API impurity in validation batches forces Dr. Reddy's to cut FY27 pen target from 12M to 6-7M. Commercial supply to partner One Source now expected in October, retail from November.

DRREDDY Mega cap 5:23 PM
5
Engineering - Industrial Equipments

BHEL sets July 16 for Q1FY27 board meet, no surprises expected

The meeting to approve June-quarter results is a mandatory procedural disclosure. No financial data or earnings guidance is provided.

BHEL Mega cap 5:08 PM
5
Earnings · IT - Software

TCS Q1 revenue up 13.9%, total contract value $9.5B

Net profit at ₹13,849 crore, up 8.5% YoY, with a $9.5B order book including an $800M AI deal with SKF. Interim dividend of ₹12 per share. Numbers confirm previously disclosed board meeting outcome.

TCS Mega cap 4:02 PM
5
Earnings · IT - Software

TCS Q1 profit up 4.7% to ₹13,420 cr; DXC charge already priced in

Revenue climbs 13.9% to ₹72,275 cr as interim dividend rises to ₹12. The ₹668 crore exceptional provision for the DXC litigation was disclosed in June and contained no surprise.

TCS Mega cap 3:59 PM
5
Earnings · IT - Software

TCS Q1 net profit up 4.7% as DXC charge is old news

Revenue rises 13.9% to ₹72,275 crore; interim dividend raised by ₹1 to ₹12 per share. The ₹668 crore litigation provision was already flagged after the Supreme Court denial in June.

TCS Mega cap 3:56 PM
5
Earnings · IT - Software

TCS Q1 profit up 4.7% as revenue grows 13.9%; DXC charge already in view

Revenue hit ₹72,275 crore, the highest ever for a June quarter. Operating margin held at 24.5%, while the DXC provision was reiterated at US$220 million — no new surprise.

TCS Mega cap 3:55 PM
5
Pharmaceuticals

Dr. Reddy's delays generic semaglutide supply after API issue

Certain batches out of specification; commercial supplies on hold. Company says no patient safety or regulatory filing impact, schedules conference call.

DRREDDY Mega cap 9:18 AM
Wed · 08 Jul
6
Power Generation

JSW Energy switches on 1,081 MW of renewables, 61% of base now green

JSW Energy added 1,081 MW of renewables since April, lifting renewable share to 61%. On track for FY27 target, but market likely priced in progress.

JSWENERGY Mega cap 8:10 PM
7
Metal - Non Ferrous

Vedanta releases 50.1% HZL stake after debenture redemption

Axis Trustee confirms full release of 2.11 bn shares following May 14 paydown, but other pledges remain.

HINDZINC Mega cap 4:36 PM
5
Credit · Steel & Iron Products

JSW Steel gets second rating upgrade in a week, this time from CARE

The one-notch lift to 'AA+' follows the ₹37,350 crore cash inflow from the JFE Steel JV. Market had already priced it in after Fitch's move.

JSWSTEEL Mega cap 2:21 PM
5
Engineering - Construction

L&T's Vyoma arm ties up with Fortanix for confidential computing

The partnership targets regulated sectors with sovereign SaaS secured by NVIDIA technology. No financial terms were disclosed, making it a mild positive for the conglomerate.

LT Mega cap 12:35 PM
Tue · 07 Jul
8
Trading

Adani Enterprises closes ₹15,000 cr QIP at ₹2,883

The issue of 5.2 cr shares at a 5% discount to the floor price closed on July 7. The size, 3.6% of market cap, is a material capital event for the flagship.

ADANIENT Mega cap 10:42 PM
6
Engineering - Industrial Equipments

BHEL ties up with thyssenkrupp nucera for green hydrogen electrolysers

The partnership targets phased indigenisation of alkaline electrolysers to support India's green hydrogen mission. No financial terms were disclosed, and immediate earnings impact is nil.

BHEL Mega cap 1:28 PM
5
Credit · Engineering - Construction

Moody's assigns Baa1 to L&T, two notches above India sovereign

First-time long-term issuer rating with stable outlook also covers L&T's hydrocarbon subsidiary. Confirms the market's existing investment-grade view.

LT Mega cap 12:36 PM
6
Trading

Adani Copper gets LME brand registration; warrants from July 2026

LME listing makes Adani Copper deliverable against futures contracts, boosts financing flexibility for the $1.2 bn Mundra smelter.

ADANIENT Mega cap 12:26 PM
Mon · 06 Jul
5
Diamond & Jewellery

Titan Q1 consumer sales jump 41% on festive jewellery demand

Domestic jewellery revenue rose 39% while watches and eyewear each grew 23%. International business surged 128% aided by Damas consolidation. Provisional, unaudited figures come weeks after board resignations.

TITAN Mega cap 7:18 PM
6
Retailing

Trent posts 19% revenue growth, adds 20 stores in Q1 FY27

Standalone revenue rises to ₹5,666 cr; store count reaches 1,312 with Zudio leading expansion.

TRENT Mega cap 6:48 PM
6
M&A · Consumer Food

Varun Beverages enters Kenya with $32M promoter-group acquisition

VBL's Kenyan arm buys a dairy, juice and water business from Devyani Food Industries, including a 52-acre factory. It also plans to launch its own CSD range in East Africa.

VBL Mega cap 4:21 PM