Tipsheet
What matters at India’s listed companies
Archive / Mid cap / Page 10

Mid cap

Mon · 15 Jun
5
Earnings · Consumer Durables

IFB's Q4 transcript offers no fresh surprises

Routine earnings call document; FY26 results and ₹150 crore cost target already known.

IFBIND Mid cap 10:53 AM
6
Software Platform

CarTrade rolls up CarWale and OLX into single used-auto platform

The unified platform targets 2 million transactions a year worth ₹1.2 lakh crore. India's used-car market is projected to double to 10 million units by 2030.

CARTRADE Mid cap 9:22 AM
8
Real Estate

Embassy picks Leighton Asia for ₹850 cr Worli luxury tower

The civil and structural works contract for Embassy Citadel, a 300m single-tower with 316 units, marks a key step in the company's Mumbai entry. The deal is ~49% of FY26 revenue and ~10% of market cap.

EMBDL Mid cap 8:16 AM
Fri · 12 Jun
6
Cables

Diamond Power mulls boosting its ₹1,000-cr QIP limit

The cable maker, already approved for a large QIP, now wants a higher ceiling. Board meets 18 June; exact amount still undisclosed.

DIACABS Mid cap 10:06 PM
7
Credit · Chemicals

Archean promoter pushes pledged stake to 12.4% in 8-day shuffle

Chemikas Speciality LLP created pledges on 89 lakh shares and released 59 lakh shares, net increase of 2.42 ppt. The move suggests debt restructuring, not distress.

ACI Mid cap 5:14 PM
5
IT - Hardware

E2E Networks CRO quits; revenue growth 185.7% stands

Personal reasons cited; no controversy. Trailing revenue surge of **185.7%** keeps momentum intact.

E2E Mid cap 5:13 PM
6
Earnings · Aquaculture

Avanti Feeds expects $15-20M US tariff refund, reverses earlier stance

The import-of-record move could boost cash flows; guidance for FY27 projects 10-15% growth despite 43% fishmeal inflation.

AVANTIFEED Mid cap 5:06 PM
8
Footwear

Campus Activewear loses its CFO weeks after FY26 close

Sanjay Chhabra quits citing personal reasons; no replacement named yet. The exit creates a gap in financial stewardship at a company with ₹7,285 cr market cap and zero debt.

CAMPUS Mid cap 4:37 PM
5
Earnings · Tiles & Sanitaryware

Midwest Energy posts profit but audit qualification sticks

Standalone net of ₹2.8 cr on ₹24.5 cr revenue. But for the second year, auditors flag ₹25.6 cr in intangible assets where Ind AS 38 criteria aren't fully evidenced.

MIDWEST Mid cap 4:36 PM
5
Restaurants

GIC pares Sapphire Foods stake to 5.003% in ₹68 cr sale

Singapore sovereign wealth fund sold 4 million shares, cutting holding from 6.248% to 5.003%. The sale falls below the 3%-of-market-cap materiality threshold but signals softening conviction.

SAPPHIRE Mid cap 3:16 PM
9
Defence

Axiscades sells aerospace engineering unit to Akkodis for $206.3M

The deal is structured in two tranches: an upfront 51% for $77.7M, with the remaining 49% after two years for $76M plus up to $52.6M in earn-outs. Proceeds will fund core aerospace, defence, and ESAI acquisitions.

AXISCADES Mid cap 3:08 PM
6
Pharmaceuticals

Concord Biotech clears ANVISA hurdle, opens Brazil API market

ANVISA inspection at Limbasi facility passed; exports to Brazil now permitted. No revenue estimate provided. Concord's trailing revenue is ₹1,054 cr.

CONCORDBIO Mid cap 1:31 PM
6
Earnings · Castings & Forgings

Kirloskar Ferrous profits double on ₹141 cr tax gain from merger

Profit hits ₹504.74 cr but revenue up only 4.6%; one-time deferred tax asset masks operating performance.

KIRLFER Mid cap 1:22 PM
5
Pharmaceuticals

Alembic gets USFDA nod for generic Retin-A — but market is small

The $76 million US market for Tretinoin Cream is less than 1% of Alembic's annual revenue, making this a routine pipeline addition.

APLLTD Mid cap 12:47 PM
6
Edible Oil

Gokul Agro faces ₹53 cr Customs notice over export duty benefits

A show cause notice alleges unlawful duty drawback and RoDTEP claims from May 2021 to Dec 2025. For a ₹24,000 cr revenue firm, the sum is small but adds regulatory uncertainty.

GOKULAGRO Mid cap 12:35 PM
6
Pharmaceuticals

Suven to show Samelisant Phase 2 data at SLEEP-2026

Three posters on narcolepsy drug cover positive efficacy in daytime sleepiness, cataplexy study design, and Phase 3 plan. Conference runs June 14-17 in Baltimore.

SUVEN Mid cap 11:25 AM
5
Diamond & Jewellery

Nippon India MF lifts Bluestone stake past 5% mark

The fund bought shares over 10 months, raising its holding from 4.02% to 6.30% in a gradual, already-telegraphed move.

BLUESTONE Mid cap 10:34 AM
5
M&A · Retailing

Nippon India MF crosses 5% in Aditya Birla Lifestyle Brands

The mutual fund bought shares worth about ₹75 cr over the past year, triggering a routine disclosure. The stake is below materiality threshold for mid-caps.

ABLBL Mid cap 10:28 AM
Thu · 11 Jun
5
M&A · Business Support

Sagility buys Careseed LLC for up to $30M in US healthcare analytics push

The acquisition is a small bolt-on at 1.4% of market cap, and aligns with building analytics capabilities in the US healthcare market.

SAGILITY Mid cap 8:48 PM
6
Chemicals

Anupam Rasayan scores a global first in ETFA production

The company claims a world-first commercialisation of Ethyl trifluoroacetate via continuous flow chemistry, with an addressable market of **$500–600M** but no revenue number yet.

ANURAS Mid cap 7:59 PM
5
Fertilizers

Deepak Fert puts ₹19k cr on transformation with new hire

Rajib Bhattacharjee joins as President - Transformation from Galaxy Surfactants. A newly created role with no financial targets.

DEEPAKFERT Mid cap 6:54 PM
6
Carbon Black

PCBL adds 20,000 tonnes of specialty capacity in Gujarat

A new Mundra line for digital and UV printing inks lifts total specialty capacity to 132,000 tonnes. The existing base was 95% full.

PCBL Mid cap 5:58 PM
5
IT - Software

Happiest Minds ships Rel(AI)Build but offers no revenue or order data

A product launch, not a financial event. The filing contains no revenue impact, no client wins, and no new numbers.

HAPPSTMNDS Mid cap 4:13 PM
5
Compressors / Pumps

Elgi's CFO is moving to run the Americas and Europe business.

Indranil Sen will shift from finance to lead the international vertical. The company will appoint a new CFO later.

ELGIEQUIP Mid cap 4:06 PM
6
Fintech

Pine Labs lets AI agents shop and pay without you

The payments platform launched P3P, a UPI-based protocol letting AI agents complete purchases autonomously after a one-time consumer mandate.

PINELABS Mid cap 3:25 PM