Mid cap
Ujjivan SFB's loan book grows 28.9% in Q1, asset quality improves
Gross loans cross ₹42,903 crore, led by housing and MSME; CASA ratio slips to 26.8% and secured share rises above 50%.
PC Jeweller revenue up 21%, debt repayments cross 90% mark
The jeweller continues its turnaround with Q1 sales growth and a sharp cut in bank debt; management targets full debt freedom this quarter.
India Glycols' spirits arm brings in ex-Pernod Ricard exec as COO
The appointment of Manoj Kumar Rai is an operational reshuffle at a wholly-owned subsidiary, not a group-level shake-up. For a company valued at ₹6,404 crore, this is routine.
J&K Bank inks distribution deals with SBI Life, HDFC Life
Bancassurance tie-ups add two top life insurers to the branch network, but no financial impact disclosed.
CMR Green posts 30% revenue jump, guides 25% volume growth in FY27
FY26 PAT jumped 47% to ₹228 cr on volumes over 80K MT. Two new plants with ₹200 cr capex target 7 lakh MT capacity by FY27-end.
OneSource gets single FDA observation, PAT collapse looms larger
A routine US FDA inspection at its Bengaluru sterile facility ended with one observation. A benign outcome, but with profit after tax down 95.3%, the agency finding is not the main worry.
Ethos brings 'Oscars of Watchmaking' to Mumbai for first time
The Grand Prix d'Horlogerie de Genève exhibition lands in India from Sept 28 to Oct 1, but Ethos provides no financial details or commercial terms.
Zee promoters to inject ₹3,143.51 cr via warrants at premium
Issue is 31.6% of market cap, larger than the ₹2,300 cr floor. Price is 16.33% above market, implying confidence. Up to 20% dilution looms.
J&K Bank loans surge 25.5% in Q1, but CASA ratio drops 363 bps
Provisional business figures for June quarter show advances crushing FY27 guidance of 12%, while deposit mix shifts to higher-cost funds, a development that could pressure margins.
Brainbees to sell ₹300 cr of Swara Baby shares in subsidiary's IPO
The board approved an OFS worth up to ₹300 crore in Swara Baby's proposed IPO. The subsidiary will remain under Brainbees' control after listing.
PNC Infratech's highway SPV gets two-notch upgrade to AA-
Care Ratings lifted Kanpur Lucknow Expressway's debt facilities to CARE AA-; Positive after the project's provisional completion. The ₹779.75 cr upgrade cuts funding costs for the HAM project.
FirstCry ESOP trust gets tax reassessment notice over share valuation
IT Dept for AY 2022-23 alleges 1.04 crore shares were issued at face value ₹5 instead of fair market price; no tax demand raised yet.
IT dept slaps ₹12.89 cr tax demand on Jai Balaji
Assessment order for block period 2018-24 follows a search disclosed in November. Company says it will appeal and sees no material impact on financials.
Syngene names Biocon's Mittal as CEO; independence questions linger
Siddharth Mittal, who led Biocon's GLP-1 push, will take over from Peter Bains, but the insider appointment blurs corporate boundaries.
TMB advances jump 27% YoY, total business crosses ₹1,21,715 cr
Provisional Q1 figures show strong loan growth and deposit accretion, though CASA slips 2.95% sequentially. Audited results due later.
V2 Retail sales jump 58% as store count hits 381
The value fashion retailer added 57 outlets in Q1, taking total store network to 381. But the strong revenue print was widely anticipated after earlier guidance.
Promoter entity buys 1,717,618 shares in Maharashtra Seamless
Odd & Even Trades & Finance raised its stake from 18.16% to 19.44% via open-market purchases between March and June, a rare insider buy after a 56% profit drop.
RCF board to consider FPO on July 7
First public disclosure of potential equity dilution for this mid-cap PSU; shareholder and government approvals still needed.
Jupiter Capital dumps 10L Axiscades shares, promoter stake slides below 51%
The promoter group sold 10 lakh shares on June 30, trimming voting rights from 52.50% to 50.15%. No price or reason was disclosed, leaving the market to guess at intent.
MOIL cuts manganese ore prices 5% for July; one grade down 10%
Monthly price revision is within normal range; EMD prices unchanged.
ICRA puts Aavas's ₹4,198 cr debt on watch after CFO, CRO exits
Rating watch with developing implications reflects uncertainty over senior leadership turnover, though liquidity remains ample.
GNG Electronics lands Redington as distribution partner
The tie-up with India's largest IT distributor could accelerate GNG's nationwide reach, but no revenue targets or order commitments were disclosed.
Paisalo promoters buy ₹272 cr in open market, stake now 46.72%
The nearly 5% stake lift in Q1FY27 is backed by a three-year plan to double AUM, income, and profit, and a shift to AI-led lending.
WABAG lands $30-75m Vienna drinking water plant
The Indian water-tech firm will design and equip a 1,000-L/s treatment facility for the City of Vienna, with completion by 2030. The order is its second in the $30-75m range this year, after Ajman.
RITES lands ₹175 cr PMC order from Ambedkar University
The cost-plus contract spans 30 months and is worth over 7% of FY26 revenue, adding low-risk visibility to the order book.