Mid cap
India Ratings lifts Gravita outlook to Positive on ₹150 cr loans
The agency affirmed the IND AA- rating on Gravita's ₹150 crore bank facilities but turned the outlook Positive. It follows ICRA's upgrade to AA in June.
Fractal launches an AI profit engine for e-commerce, with Amazon integration
Cogentiq E-Commerce is the company's new AI-native platform for online retail, targeting profit optimization.
PNC Infratech clears the finish line on its ₹1,413 cr expressway.
A provisional completion certificate for the Kanpur-Lucknow HAM project ends construction risk and starts annuity payments from NHAI.
Alembic lands 180-day exclusivity shot on $91m US cancer drug
Tentative USFDA approval for the generic of Bayer's Vitrakvi makes Alembic the sole first applicant. The US market for the oncology drug is $91 million.
Ahluwalia Contracts posts 31% FY26 profit growth, keeps dividend steady
The board approved a 35% final dividend. Full-year PAT rose to ₹264 crore, but Q4 profit slipped sequentially.
GNG Electronics promoter must sell 3.95% of equity to meet public-float rule
Vidhi Khandelwal will offload up to 45 lakh shares by June 2026, cutting promoter holding to 74.76%. The forced sale creates fresh supply of a small-cap stock.
DOMS picks up the Reynolds pen brand for $3.7m
A small-ticket deal adds a legacy stationery name to DOMS's portfolio, but the financial impact is negligible for a ₹12,874 crore company.
ICRA upgrades Gravita India's credit rating to AA, citing stronger finances
The one-notch upgrade on ₹1,000 cr in working capital limits reflects improved profitability and a more comfortable liquidity position.
SML Mahindra CEO steps down mid-integration, with no permanent successor named.
Dr. Venkataraman Srinivas will leave the top post on June 30, 2026, to take another role within the Mahindra Group. The board has named an interim but provided no timeline for a permanent hire.
Ahluwalia Contracts' FY26 profit jumps 31%, final dividend steady at 35%
Audited results confirm 11.4% revenue growth and a 31% PAT increase. A final dividend of 35% was declared.
V-Mart's COO quits. The CFO now runs both jobs.
Vineet Jain is leaving to pursue a new opportunity. CFO Anand Agarwal will now run operations too, a consolidation during a store expansion phase.
ICICI Prudential cuts IEX stake below 5% after selling ₹1.87 cr shares
The fund manager sold **1.87 crore shares** over 11 months, dropping below the threshold that marks a significant shareholder.
IFB's AC motor still in trials after earlier claims of external sales
The engineering unit missed its FY26 order target by 40%. Management now targets Rs 350 crore for the year ahead while chasing Rs 150 crore in cost cuts.
Zee Entertainment clears ₹2,300 cr floor for capital raise, 22% of market cap
The board has approved a minimum fundraising but has not decided on the instrument, leaving a material dilution or leverage event hanging over the stock.
KRBL steps into everyday staples with India Gate Poha launch
The basmati rice exporter is broadening its kitchen portfolio, but the filing gives no numbers to gauge the scale of the bet.
Astra Microwave carves out its space business for a separate listing
Shareholders get a 1:1 share swap in the new Astra Space Technologies, which had ₹157 crore in revenue last year.
ICICI Pru fund crosses 5% in JK Lakshmi Cement
The mutual fund bought 7.5 lakh shares on June 8, pushing its stake from 4.98% to 5.59% and triggering SEBI's substantial-acquisition disclosure.
Concord Biotech lands USFDA okay for Tofacitinib, a $500M U.S. opportunity
The approval opens a market nearly four times the size of Concord's annual revenue.
Meta signs up for 900 MW of Indian clean power with CleanMax
The deal lifts CleanMax's total contracted portfolio with Meta above 900 MW, adding 837 MW of new solar and wind across two states. The company expects ₹450-500 crore in annual revenue.
Triveni's power unit locks in Asia's first defence-gearbox order ahead of demerger
The demerger of the power transmission business remains on track for an August listing. It carries a ₹500-crore order book.
Quality Power signs ₹315 cr term sheet for Winwin Insulators
The deal, at 3.5% of market cap, would add a high-voltage ceramic and polymeric insulator plant with capacity up to 1200 kV. It's non-binding.
PCBL hires ex-Adani battery boss to lead new energy storage push
The specialty chemical company has named Vaneet Kumar as Chief of Batteries & Executive Director, effective June 9, 2026. He brings over two decades of battery technology experience.
Afcons lands ₹5,301 cr breakwater job at Vadhvan Port
The order equals 44% of annual revenue and 45% of market cap, arriving from a government-backed client with no prior signal.
Greenlam targets 18-20% revenue growth, bets on chipboard and plywood to break even
Management guided for a consolidated top-line jump in FY27, with the core laminates business set to grow 10-12%.
HDFC Life Insurance nearly exits Cera Sanitaryware
The insurer sold 150,000 shares on June 8, wiping out a stake that once stood at 3%. The exit is small by value but is a near-complete withdrawal.