Mid cap
Vikram Solar fires up Gangaikondan mega-plant, targets 9 GW cell by FY27
First Hypersol N-Type TOPCon module produced at 6 lakh sq ft fully automated facility. Roadmap includes 12 GW wafer/ingot by FY30.
Granules India locks in sole FTF for generic LUMRYZ
The company's second sole first-to-file ANDA positions it for 180-day exclusivity in the U.S. narcolepsy market and strengthens its complex generics franchise.
Diamond Power lands ₹435.71 cr cable order for 310 MW Hyderabad data centre
One of the largest single cable supply orders in India's data centre segment, covering 2,135 km of cable for EPC majors L&T, Sterling & Wilson, and Blue Star.
Metropolis Q1 revenue up ~16% but growth slows from Q4's 23.6%
Wellness and specialty segments drive volumes; EBITDA margins improve YoY and stay stable sequentially. Full results await board approval.
DCM Shriram's ₹249 cr tax demand wiped out by ITAT order
The tribunal granted relief on ₹172.82 cr of ₹178.24 cr in contested additions, leaving only ₹5.42 cr for review. The demand represented ~29% of FY26 net profit.
Shakti Pumps empanelled for ₹354 cr solar pump order from MSEDCL
The empanelment covers 15,000 off-grid solar pumps under the Magel Tyala scheme, but it's not a firm contract. Worth ~13% of FY26 revenue.
Black Box's GSI Americas sales head exits; operations intact
Jai Venkat ceased on June 30. Company cites internal reasons, says daily functioning unaffected as it seeks replacement.
CMR Green guides 25% volume growth in FY27 with ₹200 cr capex
India's largest aluminium recycler held its first earnings call as a listed company. Management backed growth with two new plants and diversification into beverage-can recycling and green billets.
Crisil lifts Skipper's long-term rating to A+; facility limit raised to ₹4,621 cr
The one-notch upgrade to A+ with stable outlook was likely telegraphed. The bigger story is the raised bank limit from ₹4,301 cr to ₹4,621 cr.
GR Infraprojects gets completion nod for ₹1,368 cr expressway
The certificate for the Bandikui-Jaipur spur triggers annuity payments from NHAI, de-risking the project and providing cash flow visibility.
Supriya Lifescience GM in judicial custody for NDPS export lapse
Company says no material impact on operations, citing isolated procedural lapse in a single export transaction.
Zydus Wellness loses sales head Lalit Ahuja after a decade
The Head of Sales for India and the Indian subcontinent resigned with a 90-day notice, effective July 3, 2026, citing better career opportunities.
Sobha sells ₹36.56 bn in Q1, record quarterly sales
76% YoY jump, led by Bengaluru and Gurgaon launches. New luxury project SOBHA OneWorld alone has ₹75 bn potential.
Senco Gold Q1 revenue surges 60%, warns of margin pressure from duty hike
Standalone revenue rose 60% and retail 48%, driven by festive demand. Same-store sales grew 38%. But heavy discounting and the 9% customs duty increase will pressure Q1 margins, management cautioned.
Vedanta Oil & Gas Q1 production drops 17% to 77.7 kboepd
Rajasthan, the main region, fell 15% YoY. The routine operational update shows persistent decline but no surprise; markets likely anticipated the fall.
KEC puts $35M guarantee behind subsidiary's credit line
The guarantee, roughly 2.1% of KEC's **₹14,059 cr** market cap, is a routine contingent liability. Purpose and terms of the facility were not disclosed.
Bliss GVS picks new CEO as Anupam Rasayan era begins
Rahul Adakmol, ex-Dr. Reddy's executive, takes charge from July 2026. Current CEO Narsimha Kamath stays on as MD during transition.
PTC India locks in 1,200 MW solar supply from NTPC Renewable
PTC signs a large-scale solar PPA with NTPC's clean-energy arm, adding a sizeable block to its trading book. Tariff details remain undisclosed.
CAMS unit gets KYC agency license at GIFT City
Permanent approval from IFSCA allows subsidiary to offer KYC services from the international finance hub.
Max Estates books ₹1,100 cr in Q1 pre-sales, fivefold YoY
A mid-cap developer sells 487 units in a quarter, more than 10x the 43 sold a year ago. The quarterly number is nearly 16% of Max Estates' own market cap.
Arvind Ltd board approves ₹600 cr QIP, seeks shareholder nod
The fundraise amounts to ~4% of the company's market cap and signals potential capital deployment; shareholder approval via postal ballot is the next step.
Quality Power bags ₹40.9 cr order from Japan
Via step-down subsidiary Endoks; execution by Dec 2027. At just ~4% of FY26 revenue, the win adds incremental visibility but lacks the heft to move estimates.
Manorama raises ₹500 cr via QIP, dilutes 5.3% stake
The QIP closed on July 2 with **34.01 lakh** shares at **₹1,470** each, a **4.99%** discount to the floor price. The raise equals about **5.3%** of the company's **₹9,416 cr** market cap.
BLS subsidiary buys fintech Atyati for ₹156.82 cr
The all-cash deal adds a ₹375.8 cr revenue platform with AI-powered banking tech, deepening BLS's business correspondent and micro-lending play.
Titagarh ties up with IIT-M startup TuTr for hyperloop freight
Partnership to develop India's first hyperloop-enabled cargo system, but no financial terms or timelines disclosed, making it a long-shot bet with no near-term revenue.