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What matters at India’s listed companies
Archive / Mid cap

Mid cap

833 published. Mid-sized listed companies where liquidity and governance vary more widely.

Fri · 10 Jul
5
Engineering - Construction

GE Power India transcript confirms known turnaround, demerger terms

July 6 investor call record repeats ₹277 cr EBITDA swing, 25% services CAGR, and 10:139 demerger ratio to JSW Energy. No new strategic updates.

GVPIL Mid cap 3:31 PM
5
Pharmaceuticals

Indegene board to meet July 30 for Q1 results, ESOP allotment

A routine quarterly board meeting to approve unaudited results and allot shares under existing employee stock schemes. No strategic or financial surprises expected.

INDGN Mid cap 2:50 PM
8
Order Wins · Water Management

Ion Exchange bags $53M filtration order from Hyundai in Middle East

The ₹503 cr contract adds ~19% to the order book and covers 18.8% of standalone revenue, boosting near-term visibility for a company that has been battling margin erosion.

IONEXCHANG Mid cap 12:24 PM
5
Earnings · Engineering - Industrial Equipments

Elecon Engineering posts steady Q1 as order book swells to ₹1,518 cr

Consolidated revenue of ₹521 cr, net profit ₹70 cr. Gear division up 16.3% YoY; overseas revenue jumps 21.9%.

ELECON Mid cap 12:08 PM
5
Earnings · Engineering - Industrial Equipments

Elecon Engineering Q1: Gear division lifts revenue 16%, order book at ₹1,518 cr

Consolidated revenue hits ₹521 cr with 21% EBITDA margin. MHE order intake surges 38% YoY, including a ₹21 cr overseas port contract.

ELECON Mid cap 11:56 AM
5
Earnings · Engineering - Industrial Equipments

Elecon Engineering posts modest Q1, but order book swells to ₹1,518 cr

Gear division grows 16%, MHE orders jump 38% — chairman flags overseas port order as key for coming quarters.

ELECON Mid cap 11:49 AM
5
Auto Ancillary

JBM EV launches Galaxy luxury coach, no new orders attached

The new electric coach with 22 reclining seats and sleeper berths was unveiled at Prawaas 5.0. But the press release offers no order win or financial guidance, making it a marketing event rather than a material development.

JBMA Mid cap 10:57 AM
8
Plastic Products

Garware Hi-Tech's joint MD dies suddenly; no succession plan

Sarita Garware Ramsay, who led the company since 2002, died on July 9. The board called it an 'irreparable loss.' The absence of a clear successor leaves a leadership gap.

GRWRHITECH Mid cap 10:00 AM
Thu · 09 Jul
9
M&A · Defence

Apollo Micro buys 41% of Premier Explosives for ₹1,550 cr, enters solid propellants

The cash deal triggers a mandatory open offer at ₹698/share, adding up to 26% more. At over 10% of Apollo's market cap, this is the company's biggest strategic bet yet.

APOLLO Mid cap 7:49 PM
5
Diagnostics

Vijaya Diagnostic brings back former IPO-year CFO

Narasimha Raju K.A., who led the company through its public listing, returns as CFO effective July 09, 2026. A routine but continuity-affirming appointment for a ₹14,074 cr chain.

VIJAYA Mid cap 6:34 PM
5
Credit · Fertilizers

Deepak Fert promoter de-pledges 0.74%, encumbrance at 1.76%

A promoter entity returned excess security to Bajaj Finance. The move is routine and carries no strategic signal.

DEEPAKFERT Mid cap 5:49 PM
7
Mining & Minerals

Sandur Manganese jumps into hospitality, education, medical devices

The mid-cap miner adopts 'Royal Sandur Group' name and appoints new CFO, but discloses no investment figures for the dramatic pivot.

SANDUMA Mid cap 4:46 PM
9
Stock Broking

NH Investment puts ₹900 cr into Choice's broking arm

South Korea's NH Investment & Securities subscribes to 42,25,350 CCPs at ₹2,130 each in subsidiary CEBPL, which generates 51% of group revenue.

CHOICEIN Mid cap 1:33 PM
5
Pharmaceuticals

Onesource says Dr. Reddy's Semaglutide delay won't hit its ops

Clarification removes overhang but the company relies on qualitative reassurance without updated guidance.

ONESOURCE Mid cap 10:42 AM
5
Credit · Diamond & Jewellery

PC Jeweller lands Unico Global as 5.757% stakeholder via warrants

Foreign fund takes 5.45 crore warrants in preferential issue, signalling confidence as debt restructuring nears 90% completion.

PCJEWELLER Mid cap 10:16 AM
6
Software Platform

Honasa forecasts Q1 revenue growth in thirties

Provisional update: Mamaearth high-teens, younger brands ~40%, margins double-digit. Consistent with medium-term guidance.

HONASA Mid cap 9:02 AM
Wed · 08 Jul
5
Real Estate

Welspun shuffles senior roles as MD takes direct water charge

Managing Director Sandeep Garg steps in to lead water vertical; subsidiary CFO resigns. A routine realignment for a mid-cap EPC player.

WELENT Mid cap 7:54 PM
7
M&A · Hotels & Restaurants

Ventive Hospitality picks up 420-acre MMR land bank for ₹282 cr

The all-cash acquisition of Kelzai Eco Reserves gives Ventive a foothold in luxury resorts and branded villas. Enterprise value is ₹466 crore, about 3.2% of market cap.

VENTIVE Mid cap 7:42 PM
5
Electrodes & Welding

Graphite India shuts loss-making German division (4% of revenue)

Persistent weak demand and Russia-Ukraine fallout force Graphite India to shut German specialty divisions. The units contributed ₹105 cr (4% of revenue) in FY26 and had negative net worth.

GRAPHITE Mid cap 5:36 PM
5
Recycling

Jain Resource Recycling's copper anode line is fully operational, but it was expected

Subsidiary Jain Green Technologies commissioned the second furnace on July 6, completing the project at Gummidipoondi. The expansion was flagged in the Q4 FY2026 earnings call and lacks capacity or revenue data.

JAINREC Mid cap 5:03 PM
5
Order Wins · Consumer Durables

Crompton Greaves lands ₹65 cr solar pump add-on from MSEDCL

The fresh order under a known contract is less than 1% of annual revenue; execution is to be completed within 60 days.

CROMPTON Mid cap 3:18 PM
5
Auto Ancillary

Fiem independent director Rakesh Chand Jain passes away

A personal loss for the board, but no impact on operations or strategy for the zero-debt auto ancillary with ₹5,867 cr market cap.

FIEMIND Mid cap 2:10 PM
6
Recycling

Jain Resource Recycling aims to add telecom to its object clause

The board approved adding telecom cables, optical fibre, and tower infrastructure to the MoA. Shareholder vote on July 30; no capex or contracts announced.

JAINREC Mid cap 1:35 PM
7
Engineering - Construction

Ceigall L1 for ₹704.70 cr Arunachal highway – award awaited

Ceigall India, with Sushee Infra, is the lowest bidder for a ₹704.70 crore NH-913 highway project in Arunachal Pradesh. The contract is not yet signed, but if awarded, it would be a large addition to its order book.

CEIGALL Mid cap 1:07 PM
7
Pharmaceuticals

Suven Life Sciences plans $100M Singapore subsidiary for neuro drugs

The clinical-stage biopharma is committing over 10% of its market cap to a Singapore entity focused on neurological therapies. It also converted warrants and reappointed an independent director.

SUVEN Mid cap 12:52 PM