Tipsheet
What matters at India’s listed companies
Archive / Mid cap / Page 12

Mid cap

Tue · 09 Jun
5
Credit · Pharmaceuticals

India Ratings lifts Marksans Pharma outlook to Positive

The rating agency affirmed the bank loan rating at IND AA- but moved the outlook to Positive, citing strong cash generation.

MARKSANS Mid cap 3:14 PM
5
Credit · Real Estate

Embassy Developments promoter frees ₹117 cr in pledged shares

A promoter group entity has released a pledge on 2 crore shares, a modest reduction in encumbered holdings disclosed months after the fact.

EMBDL Mid cap 2:22 PM
5
Trading

MMTC's finance director and an independent director are set to leave

The two board members will exit after their terms expire on June 9, 2026. The company has recently seen several director changes.

MMTC Mid cap 12:05 PM
5
IT - Software

RateGain partners with ZentrumHub. The numbers are missing.

The travel-tech company announced a connectivity partnership but didn't disclose deal terms, revenue impact, or strategic value against its ₹8,833 crore market cap.

RATEGAIN Mid cap 11:15 AM
7
Order Wins · Water Management

Wabag wins first UAE contract with $30-75m Ajman sewage deal

The Indian water-treatment firm lands a design-and-build order in Ajman, its first in the UAE. The contract spans 24 months and includes power generation systems.

WABAG Mid cap 8:29 AM
Mon · 08 Jun
6
Earnings · Engineering - Industrial Equipments

Tega's Molycop deal is live, but the growth outlook just got cut.

The $838M acquisition adds heavy debt to Tega's books. Management now sees Molycop growing at 3% in FY27, not the rate it expected.

TEGA Mid cap 6:08 PM
6
Earnings · Trading

Jeena Sikho dumps Entero, guides ₹300 cr profit for FY27

The hospital chain ended its exclusive distribution deal after Entero sought extra spending. Management set a ₹300 crore profit floor for next year, up from ₹222 crore in FY26.

JSLL Mid cap 4:42 PM
5
Earnings · Mining & Minerals

Ashapura's earnings call transcript adds no new numbers to the story.

The full Q4 and FY26 discussion on Guinea, costs, and India operations repeats the same points already disclosed in the results filing.

ASHAPURMIN Mid cap 4:27 PM
5
Earnings · Footwear

Bata India's earnings call transcript is a routine recap with no new data.

The Q4 FY26 call, held June 3, discussed inventory reduction and raw-material inflation but added nothing to the May 25 results.

BATAINDIA Mid cap 3:29 PM
8
Housing Finance

Can Fin Homes to raise ₹5,000 cr in debt — 46% of its market cap

The board approved a mix of bonds and mortgage-backed securities, a balance-sheet expansion that dwarfs the company's current equity base. Shareholder approval is still needed.

CANFINHOME Mid cap 2:48 PM
5
Order Wins · Railways

RailTel lands ₹82 cr Haryana signaling job. It barely moves the needle.

The contract is binding, but at 1.92% of annual revenue, it's a routine addition to RailTel's order book.

RAILTEL Mid cap 1:43 PM
6
Power Generation

Waaree Renewable gets 450MWp solar EPC order from its own subsidiary

Sunsational Power, a wholly-owned subsidiary, is the client. The related-party contract is for a ground-mounted project with two years of O&M.

WAAREERTL Mid cap 1:01 PM
6
M&A · Pharmaceuticals

Viyash's Italian pet-care bid jumps 28% to ₹188 cr

The final price for BioForLife is ₹41 crore above the figure Viyash disclosed earlier this year. The deal remains small against the company's own scale.

VIYASH Mid cap 12:46 PM
6
M&A · Pharmaceuticals

Viyash buys Italian vet distributor for €17M

The €16.975M cash deal adds a direct sales platform in Italy's companion animal market. It's a strategic, not a financial, move for the mid-cap.

VIYASH Mid cap 12:41 PM
6
Earnings · Textile

Indo Count aims for ₹5,500 cr in FY27, with new US business set to double

The textile maker’s record-year bet hinges on scaling a US bedding and brands operation that barely existed two years ago.

ICIL Mid cap 12:24 PM
6
Earnings · Trading

MMTC's auditor flags going-concern risk as ministry orders exit from business

The government wants MMTC to prepare a road map to shut down. Its auditor flagged a ₹82.82 crore under-provision and a material uncertainty over the company's future.

MMTC Mid cap 11:39 AM
6
IT - Software

Intellect carves out Purple Fabric AI as a standalone unit

The enterprise AI platform serving 45+ clients gets its own CEO and autonomy. No financials were attached to the reorganization.

INTELLECT Mid cap 10:31 AM
5
IT - Software

Intellect Design names new CEO for its AI platform division

Deepak Dastrala takes over Purple Fabric, the flagship AI product for financial institutions. The move is strategic but has no disclosed financial impact.

INTELLECT Mid cap 9:43 AM
Sun · 07 Jun
6
Telecom - Equipment

Black Box wants to double revenue to $2bn by FY30

A five-year plan to reach $2 billion in revenue leans on $700m of future acquisitions and an $800m order backlog that management says provides multi-year visibility.

BBOX Mid cap 7:44 PM
8
Hospital & Healthcare

Kovai Medical's Joint MD Dr. Thavamani Devi dies, leaving no successor

The promoter and hospital leader held her post since 2000. Kovai says the loss is 'irreplaceable' and has not named a replacement.

KOVAI Mid cap 9:47 AM
Sat · 06 Jun
6
Pharmaceuticals

Alembic takes 45% in new Canadian pharma JV with Difgen Holdings

Alembic Pharmaceuticals is entering the Canadian market via a joint venture but won't say how much it's spending.

APLLTD Mid cap 4:06 PM
6
Credit · TV Broadcasting & Software Production

Zee's board meets June 10 to approve a share sale.

The company will consider raising funds through equity or convertible securities via a private placement or preferential issue. No size or terms were disclosed.

ZEEL Mid cap 1:22 PM
6
Earnings · Auto Ancillary

Fiem is breaking into cars. It just gave its first numbers.

Record FY26 results are old news. The new story is a ₹100-150 crore four-wheeler revenue target for FY27, backed by Mahindra & Mahindra orders and a management reshuffle.

FIEMIND Mid cap 12:58 PM
6
Earnings · Defence

MIDHANI posts record FY26 revenue, commits ₹1,000 cr to modernisation

The defence materials maker logged its highest-ever annual sales and outlined a three-year plan to spend big on downstream capacity.

MIDHANI Mid cap 12:45 PM
8
Credit · Semiconductors

ASM Technologies lines up ₹500 cr raise, 11% of its market cap

The board approved a fundraising plan that could issue up to ₹500 crore in new equity, a large move for a ₹4,729 crore company. Shareholder nod is next.

ASMTEC Mid cap 11:50 AM