Mid cap
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.
Zydus Wellness appoints Dr Shyam Ramakrishnan as CSO
The former Himalaya, ITC, and Amway veteran joins effective July 1, 2026, bringing 25+ years of experience in nutrition, supplements, and functional foods.
Infomerics tweaks HCC outlook to Positive, holds rating at BBB-
HCC's credit rating stays at BBB- but the outlook upgrade to Positive reflects expectations of revenue recovery and debt reduction post rights issue. The agency cited a healthy order book of ₹12,971 crore as a key driver.
RailTel lands ₹107.61 cr MPLS VPN order from Mahanadi Coalfields
The 5-year rental contract adds to RailTel's order book but is modest — about 2.52% of annual revenue and 1.08% of market cap.
Trident board to mull employee stock plan on July 6
Board will recommend an employee stock option plan; details on grant size, dilution, and exercise price not yet disclosed.
RHI Magnesita picks Jindal Steel veteran Malhan as CEO, Sagar moves to chairman
An orderly succession: outgoing CEO Parmod Sagar stays on as non-executive chairman, while Pankaj Malhan from Jindal Steel takes over from July 2026. The change comes as the company navigates recent losses and margin pressures.
Jubilant Pharmova's ₹53.37 cr tax setback
Income tax rectification order disallows brought-forward losses at subsidiary Jubilant Biosys, but the company says it will appeal and sees no material impact.
Maharashtra Seamless director quits executive role, stays on board
Pithelis Raj Santhanamarian steps down as whole-time director effective June 30, 2026, citing personal reasons. He remains as non-executive director, curbing disruption.
BlackBuck promoter pledges 0.35% stake in first-ever encumbrance
Executive director Ramasubramanian Balasubramaniam has pledged 630,000 shares to 360 ONE Distribution. For a company with a ₹10,244 cr market cap, the quantum is negligible and carries no distress signal.
NCC bags ₹534.85 cr in June transport orders
Two projects worth ₹534.85 crore add to a ₹83,000 crore order book, marking a second consecutive month of wins but falling short of May's ₹1,837 crore haul.
Timex eyes 16% margins as e-commerce and capacity build scale
Management sees EBITDA margins reaching 16% or more in FY27, backed by 49% revenue growth to ₹800 crore. Capacity has doubled to 6 million units, with an ₹8 crore capex to hit 10 million by March next year.
JK Paper's BCTMP plant starts commercial production, cuts import reliance
The hardwood pulp plant at Sirpur began commercial output on June 30, 2026, reducing dependence on imported pulp and strengthening raw material security.
Corona Remedies fires up EU-GMP hormone plant, adds 20% capacity
The new Ahmedabad facility, spanning 1 lakh sq ft, targets regulated export markets with 194M tablets/capsules annual capacity, turning a regulatory milestone into revenue generation.
Lloyds Enterprises defence arm dilutes to 85% via private placement
Two new investors enter pre-revenue LADSL; parent's stake falls from 100% to 85%. Entity has nil revenue and ₹10 cr capital, immaterial for ₹11,159 cr group.
Paras Defence secures exclusive India rights to Guardian-1 counter-drone system
The 12-month IP license from Powerus's Tandem Defense opens a new product segment but comes with no order commitments or financial disclosure.
Arvind board to meet July 3; ₹600 cr QIP expected per earlier report
The board will consider equity fundraise options; prior coverage indicates approval of a ₹600 cr QIP, about 4% of market cap, on the same date.
Afcons wins ₹148.67 cr arbitration for J&K tunnel job
The award is just 1.2% of revenue and can still be challenged. A modest win after the company's first quarterly loss in 16 years.
TARIL bags record ₹1,000 cr+ order from Power Grid
The 'Ultra Mega Order' is the largest disclosed contract in company history, representing over 40% of FY26 revenue and adding at least 20% to the existing ₹5,005 crore backlog. Deliveries span 30 months.
CMR Green confirms FY26 numbers, subsidiary expansions on track
Routine board meeting approves audited results; Bawal and Shoolagiri plants due in FY27.
Midwest Energy approves 1:10 stock split to boost liquidity
Midwest Energy will split each ₹10 share into ten Re 1 shares, aiming for wider retail participation. The company reported just ₹6 cr in quarterly sales and carries a ₹25.6 cr audit-qualified intangible asset.
CMR Green's FY26 audit confirms prior numbers, expansions on track
Audited FY26 revenue of ₹8,646 cr matches guidance; subsidiary plants in Haryana and Tamil Nadu still set for FY27 operations.
CarTrade maps out AI-fintech roadmap, but numbers stay under wraps
Strategy call covered Via AI rollout, IDFC FIRST Bank partnership, and non-auto product financing. But with no new financial targets or launch dates, it was a narrative update, not a catalyst.
Ceigall L1 for ₹330 cr Delhi road tender, bid 29% above estimate
The bid is one of the largest this year for Ceigall, but the 29% premium raises questions on final award. L1 status is not a contract yet.
Unimech lands long-term deal with Austrian aerospace Tier-1 FACC
The agreement covers precision-engineered components after a multi-year evaluation, but no order value is disclosed; near-term revenue impact is uncertain.
Newgen's founder-CMD has been out for over 45 days
Diwakar Nigam sidelined by pneumonitis, hospitalised intermittently in May-June 2026. Whole-time directors handle day-to-day operations.