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Archive / Mid cap / Page 9

Mid cap

Wed · 17 Jun
6
Recycling

Gravita India's Mundra plant gets LME brand listing for lead

The London Metal Exchange certification makes Gravita's lead eligible for delivery at all LME-approved warehouses globally, supplementing its existing MCX listing.

GRAVITA Mid cap 7:42 PM
6
Order Wins · Castings & Forgings

Kirloskar Ferrous lands ₹113 cr pig iron order from UK buyer

The 30,000 MT export order is for basic-grade pig iron, at about 1.6% of annual revenue. A modest addition with steady demand signals.

KIRLFER Mid cap 4:30 PM
7
Earnings · Pharmaceuticals

Suven's Ropanicant clears Phase 2b, cuts depression scores 3.6 points vs placebo

The 214-patient trial met its primary endpoint with statistical significance. Suven now pushes to global Phase 3 registrational studies.

SUVEN Mid cap 12:36 PM
8
M&A · Real Estate

Puravankara buys 9.73-acre Bengaluru plot with ₹800 cr GDV potential

The outright purchase in the Devanahalli corridor adds 0.89 msf residential capacity and represents 15.7% of market cap, boosting near-term earnings visibility.

PURVA Mid cap 11:08 AM
Tue · 16 Jun
5
Credit · Diamond & Jewellery

ICRA lifts Senco Gold to A+ on strong FY26 run

The one-notch upgrade confirms record revenue and margin gains, but the market already had these numbers. The real test is whether Senco can sustain margins as gold prices cool and hedging costs rise.

SENCO Mid cap 5:07 PM
6
Plastic Products

Garware Hi-Tech gets anti-dumping relief against Chinese imports

DGTR recommends duties on TPU-based paint protection film from China, a win for domestic producer Garware Hi-Tech Films. Final government nod pending.

GRWRHITECH Mid cap 12:39 PM
7
Electric Equipment

Inox Wind lands 1,500 MW group MoU, potential order book swells to 4.6 GW

The non-binding pact under the INOXGFL Group's integrated renewable strategy could add several thousand crore rupees to Inox Wind's pipeline. Execution risk remains as it involves a related party.

INOXWIND Mid cap 12:12 PM
5
Fintech

Pine Labs says gift card breakage not at risk from RBI rules

The company denies a speculative entrackr.com report, stating breakage income belongs to partner brands and has never been a material revenue or profit component.

PINELABS Mid cap 12:02 PM
5
IT - Software

RateGain partners Duetto, but deal value stays hidden.

Another non-exclusive integration for RateGain's channel manager. No financial terms, no revenue contribution to its guided ₹3,000-3,100 cr.

RATEGAIN Mid cap 11:37 AM
6
Fintech

Pine Labs maps growth in gaming, employee benefits, US at Investor Day

Presentation reaffirms FY27 guidance of 21-23.5% revenue growth; new vectors add colour but no material surprise.

PINELABS Mid cap 11:09 AM
7
Credit · Power Generation

GMR Power promoters pledge 3.27% equity, total pledged at 72%

Second large pledge in a week secures NCDs for personal use; share coverage only 19% of ₹1,400 cr debt.

GMRP&UI Mid cap 10:13 AM
6
Earnings · Pharmaceuticals

Suven's experimental cognitive drug clears Phase 1 safety hurdle

SUVN-I6107, Suven's fifth internally discovered neuroscience NCE, showed no serious adverse events in 64 healthy volunteers and is moving into Phase 2.

SUVEN Mid cap 9:27 AM
Mon · 15 Jun
8
Dyes & Pigments

Sudarshan Chemical lines up meet with Abakkus after Heubach deal

Abakkus Diversified Alpha Fund, a long-only institutional investor, will hold one-on-one talks with Sudarshan on June 17. The meeting comes two months after the company set **€35M** EBITDA targets for Heubach.

SUDARSCHEM Mid cap 9:36 PM
8
M&A · Restaurants

Sapphire Foods clears exchange hurdle for Devyani merger

NSE and BSE give no-objection letters, but CCI approval and a secondary sale of up to 18.5% by promoter entity are required before NCLT filing.

SAPPHIRE Mid cap 8:25 PM
9
Credit · Power Generation

GMR Power pledges another 16.6% of equity to secure NCDs

Pledging 16.6% more of its equity, GMR Power now has 26.85% of shares encumbered. The move points to liquidity strain at a company with 17x debt/equity and negative profit.

GMRP&UI Mid cap 7:54 PM
5
Credit · Real Estate

WeWork India sees promoter pledge on 3.18% stake released

Embassy Buildcon LLP releases the pledge on 43 lakh shares, lowering promoter encumbrance for the co-working operator as it reports doubled profits and net debt negativity.

WEWORK Mid cap 7:44 PM
7
Household & Personal Products

Jyothy Labs sues Henkel over Pril and Fa brand license expiry

The board approved litigation to enforce exit and transition mechanisms after Henkel declined to renew the 15-year license agreements that expired May 31.

JYOTHYLAB Mid cap 7:33 PM
6
Engineering - Industrial Equipments

Lloyds Engineering to mull preferential issue; no size or price yet

The board meets June 18 to consider issuing equity on a preferential basis. With no details on quantum or purpose, the move remains speculative.

LLOYDSENGG Mid cap 7:06 PM
5
Earnings · Aquaculture

Avanti Feeds' Q4 concall transcript adds no new material info

The transcript of the June 12 post-earnings call confirms previously known details on raw material cost inflation, $15-20M US tariff refund expectations, and FY27 growth guidance. No new tradeable information was introduced.

AVANTIFEED Mid cap 6:03 PM
7
M&A · Restaurants

Devyani gets exchange clearances for Sapphire merger

With NSE and BSE raising no objections, the scheme can be filed with NCLT. The 177:100 share swap would create India's largest QSR chain.

DEVYANI Mid cap 5:54 PM
6
M&A · Steel Pipes

Steel pipe maker's demerger plan sent back for more review

The board-approved scheme to spin off two units is now under further scrutiny. No reasons given, and the timeline is now uncertain.

MAHSEAMLES Mid cap 5:17 PM
6
Retailing

Pantaloons CEO Sangeeta Tanwani steps down, successor advanced to August

Tanwani moves to a new group role; Suraj Bahirwani takes over three months early as Pantaloons posts 19% revenue growth.

ABFRL Mid cap 3:51 PM
6
Alcoholic Beverages

Tilaknagar spirits top global charts: Mansion House #2, Imperial Blue #9

Drinks International ranks Mansion House Brandy #2 globally with 9.7M cases (+24.4%), Imperial Blue #9, and Courrier Napoleon #8. Record monthly sales in May 2026.

TI Mid cap 2:17 PM
9
Engineering - Construction

GR Infraprojects locks in ₹1,897.51 cr railway project

West Central Railway appoints June 15, 2026 as start date for 900-day Sidhi-Singrauli rail link project, GR Infra's largest single railway contract.

GRINFRA Mid cap 12:25 PM
6
Fertilizers

Madhya Bharat Agro targets 60-70% FY27 growth on new plants; capex overruns 40%

The fertilizer maker guided for more than 100% revenue growth in FY28 as twin Maharashtra plants come online, but flagged a ₹1,000+ crore capex bill, 40% above original estimate, compressing margins near-term.

MBAPL Mid cap 12:00 PM