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Small cap

Thu · 09 Jul
9
Order Wins · Solar Panels

Insolation bags ₹558 cr NTPC order, 26% of FY26 revenue

The order from NTPC Renewable Energy for solar PV modules covers 26% of FY26 revenue and boosts FY27 revenue visibility for the small-cap solar company.

INA Small cap 12:16 PM
8
Asset Management

Anand Rathi looks to raise ₹500 cr via NCDs, its biggest debt move yet

First large-scale NCD issuance at ~14% of market cap; board to decide July 14 on private placement of rated or unrated, secured or unsecured debentures in tranches.

ARSSBL Small cap 10:56 AM
10
Order Wins · Engineering - Construction

Rajesh Power lands ₹653 cr Gujarat order, triple its last big win

The turnkey contract from Paschim Gujarat Vij for underground cabling in four circles is worth 40% of FY26 revenue and nearly three times the ₹212 cr Odisha order won in June.

RAJESH Small cap 10:31 AM
7
Power Generation

Ravindra Energy's associate locks in CATL for 0.5 GWh battery deal

Energy In Motion, an associate of Ravindra Energy, signed a Letter of Agreement with CATL to supply 0.5 GWh of advanced LFP cells, becoming the launch customer for CATL's next-gen heavy-truck battery platform in India.

RELTD Small cap 8:52 AM
5
Recycling

Antony Waste mound collapse: plant on shutdown, no material impact yet

A waste mound at the Pimpri Chinchwad WTE plant collapsed onto the admin building during heavy rain. The company says the plant was under scheduled maintenance and sees no immediate operational hit.

AWHCL Small cap 12:06 AM
Wed · 08 Jul
5
Engineering - Construction

KP Energy fires up 50.4 MW wind farm for NTPC in Kutch

The 16-turbine project, using Suzlon machines, reached COD on July 8. For a company that clocked ₹1,505 cr revenue in FY26, it's a steady step, not a game-changer.

KPEL Small cap 6:21 PM
7
Chemicals

Tanfac slashes preferential issue by 42% as promoter pulls back

Two days after approving a ₹173.5 cr preferential issue, Tanfac's committee trimmed it to ₹99.4 cr, citing a reduced commitment from promoter Anupam Rasayan. The cut raises questions about promoter confidence and reduces the equity buffer.

TANFACIND Small cap 5:52 PM
5
Engineering - Construction

Man Infra moves into port infra with ₹1.3 cr Paradip stake

The real estate developer takes a 26% stake in a BOT terminal at Paradip Port, its first port infrastructure foray, though the investment is a fraction of its ₹4,213 cr market cap.

MANINFRA Small cap 4:20 PM
5
Chemicals

SH Kelkar revenue up 13.7% but net debt climbs to ₹864 cr

Fragrance maker posts ₹660 cr provisional Q1 revenue, gross margins steady. But net debt at 46% of market cap overshadows the growth.

SHK Small cap 3:40 PM
6
Cement

KCP fires up 15.8 MW waste heat recovery unit but discloses no cost or savings

The WHRS at the Muktyala cement plant captures kiln waste heat to power a 16.58 MW turbine, cutting grid reliance. The company omitted capex and expected savings, leaving materiality unclear.

KCP Small cap 2:16 PM
6
Trading

Pepperfry plans 35 new stores, reports first profit

Pepperfry, TCC Concept's furniture arm, will open 35 stores by August and swung to a profit in Q4 FY26 for the first time, signaling improving unit economics.

TCC Small cap 2:02 PM
5
Credit · Stock Broking

Share India lands CARE A+ rating on ₹250 cr NCD plan after Acuité downgrade

CARE assigns A+ with stable outlook, but the company's existing ₹1,300 cr debt was downgraded by Acuité two months ago. The new NCD is part of a ₹300 cr board authorization.

SHAREINDIA Small cap 1:38 PM
9
Diamond & Jewellery

PNGS Reva's Q1 revenue doubles to ₹118 cr on festive demand

Record Akshaya Tritiya sales of ₹12.7 cr, up 268%, and plans for 15 new COCO stores fuel the micro-cap retailer's growth.

PNGSREVA Small cap 8:20 AM
Tue · 07 Jul
7
Power Generation

Reliance Infra named accused in CBI chargesheet for Reliance Commercial Finance

The company says it learned from a CBI press release. No financial penalty disclosed, but the criminal indictment adds to an already crowded legal docket.

RELINFRA Small cap 10:58 PM
6
Chemicals

Camlin Fine's top R&D scientist resigns citing personal commitments

Anvarhusen Bilakhiya, VP – Principal Scientist and designated senior management, quits after a three-month notice. No strategic disruption is expected.

CAMLINFINE Small cap 10:50 PM
7
Engineering - Industrial Equipments

IdeaForge launches QIP, sets floor price at ₹835.86

The drone maker opens a qualified institutions placement with a 5% discount window; final price and total size still to be decided.

IDEAFORGE Small cap 8:21 PM
7
Pharmaceuticals

Orchid lands Russian partner for Exblifep; $178M over 10 years

Deal with Pharmasyntez to commercialize novel antibiotic in Russia, subject to regulatory approval. This is the first concrete out-licensing deal for Orchid's new chemical entity.

ORCHPHARMA Small cap 7:30 PM
6
Credit · Pharmaceuticals

Ind-Swift Labs board to consider fund raise after warrant lapse, stake sale

Board to evaluate preferential issue, rights issue, or QIP on July 10. Trading window stays shut. Move follows a lapsed warrant issue and a 7.5% stake sale by HCP Investments in April.

INDSWFTLAB Small cap 7:23 PM
5
Textile

Lux Industries loses marketing VP after 12-year stint

Surendra Kumar Bajaj resigns citing personal reasons, effective July 6. The departure comes as Lux pursues a demerger and a ₹600 cr capacity expansion.

LUXIND Small cap 6:49 PM
7
Regulatory · Diversified

Balmer Lawrie audit report revised after CAG flags loan default

The CPSE's revised statutory auditor report now includes an adverse CARO qualification on loan repayment defaults—a detail missing from the original filing in May. The default amount is undisclosed.

BALMLAWRIE Small cap 6:17 PM
9
Steel & Iron Products

Cosmic CRF subsidiary gets RDSO nod for railway springs

Prototype approval for hot coiled helical springs clears regulatory hurdle for subsidiary acquisition and allows up to 60,000 springs in orders, opening Indian Railways supply chain.

COSMICCRF Small cap 6:06 PM
6
Tiles & Sanitaryware

Midwest Ltd. signs rare earth MoU with Indonesia's PERMINAS

Midwest Ltd. has signed a non-binding MoU with Indonesia's state-owned PERMINAS for rare earth value chain collaboration. The deal includes partners Midwest Energy and NFTDC, but carries no financial commitment.

MIDWESTLTD Small cap 5:51 PM
7
Order Wins · IT - Hardware

Silver Touch lands AI platform contract from RITES

The PARAKH platform uses open-source LLMs on NVIDIA A100 GPUs inside RITES' data centre. No order value disclosed.

SILVERTUC Small cap 4:58 PM
7
Water Management

EMS emerges L-1 for ₹158 cr Delhi Jal Board sewerage project

Order worth 21.6% of FY26 revenue, second large L-1 win in a month. Final award pending.

EMSLIMITED Small cap 4:21 PM
8
Credit · IT - Software

Genesys promoter pledges 2.2% more for working capital

Sajid Malik's total encumbered stake rises to 5.04% after fresh pledge to HDFC Bank. The move signals tighter financial flexibility.

GENESYS Small cap 3:37 PM