Tipsheet
What matters at India’s listed companies
Archive / Page 14

Notes archive.

Wed · 01 Jul
6
Order Wins · Mining & Minerals

Coal India's ₹2,831 cr solar win – a 2% revenue blip

Coal India's first major solar project at Jalaun Solar Park will supply power at ₹2.73/unit. For a company of this size, it's a rounding error.

COALINDIA Mega cap 5:42 PM
8
CDMO

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.

SYNGENE Mid cap 5:41 PM
5
Earnings · Aluminium

Kanishk Aluminium posts 31% revenue jump in first audited year after IPO

SME-listed extruder reports FY26 revenue of ₹78.65 cr and net profit of ₹4.12 cr, with unmodified audit opinion. First full-year results since its ₹29.2 cr IPO in February.

KANISHK Micro cap 5:31 PM
6
Banks

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.

TMB Mid cap 5:30 PM
5
Order Wins · IT - Software

Dev IT bags ₹2.79 cr order from GIFTCL for digital twin portal

The two-and-a-half-year fixed-cost contract covers a multilingual web portal and interactive digital twin for India's first IFSC. At 1.44% of FY26 revenue, it's a modest win for the nano-cap IT firm.

DEVIT Micro cap 5:29 PM
8
Housing Finance

India Home Loan restructures ₹17.55 cr loan; CEO gives personal guarantee

The nano-cap HFC's debt restructuring equals 39% of its market cap. CEO Mahesh Pujara must personally guarantee repayment, and cash flows will be routed through IDFC First Bank under tight covenants.

INDIAHOME Micro cap 5:27 PM
5
Earnings · Business Support

Ecos Mobility calls board meet to weigh final dividend for FY26

The company will meet on July 6 to consider a final dividend for FY2025-26, but the amount is undisclosed. Any payout requires shareholder approval at the AGM.

ECOSMOBLTY Micro cap 5:15 PM
5
Order Wins · Consumer Food

Mukka Proteins gets partial tax relief, ₹7.55 cr rate dispute remains

Income Tax appellate order deletes ₹3.60 cr and ₹4.48 cr in additions but sustains ₹7.55 cr. The contested 78% vs 34.944% tax rate could determine the final hit.

MUKKA Micro cap 5:13 PM
5
Fintech

Zaggle empanelled by Canara Bank, no revenue terms disclosed

Two-year empanelment effective June 30, 2026 opens a channel to offer Zaggle's products to the bank's customers, but carries no guaranteed minimum revenue or order size.

ZAGGLE Small cap 5:08 PM
8
Trading

iValue Infosolutions loses its 10.43% holder Sundara Mauritius

The non-promoter foreign entity sold its entire 5,698,416 shares in the open market, removing a large block and injecting supply into the micro-cap stock.

IVALUE Small cap 5:02 PM
6
Credit · Banks

Jana Small Finance Bank's ratings on watch after promoters restructure ₹420 cr debt

India Ratings flags heightened credit-risk perception even though the bank itself has no cross-default. The promoters extended their NCDs and plan to cut stake below 10%.

JSFB Small cap 5:01 PM
8
Industrial Gases & Fuels

National Oxygen promoter cuts 3.3% stake, selling spree hits 5% in a month

Rajesh Kumar Saraf sold shares worth ₹84 lakh last week, his fourth disposal since early June. Cumulative stake reduction now exceeds five percentage points.

NOL Micro cap 5:00 PM
5
Order Wins · Pharmaceuticals

Alkem wins ₹660 cr tax dispute, says no material impact

CIT Appeals deletes disallowances under Section 80-IE for five years, but the pharma major calls the sum immaterial relative to its ₹64,864 cr market cap.

ALKEM Large cap 4:59 PM
5
Finance - NBFC

Salem Erode's NCD raise falls 39% short of target

The nano-cap NBFC allotted ₹92 lakh against a planned ₹1.5 crore, signaling weak demand at the offered 12% coupon.

SALEM Micro cap 4:54 PM
5
Pharmaceuticals

Lupin wins wider European label for rare-disease drug NaMuscla

EMA approves NaMuscla for pediatric use and adds lower-dose capsules. The drug treats myotonia in a disease affecting only one in every 100,000 people, a niche win for a ₹1-lakh-cr pharma.

LUPIN Mega cap 4:49 PM
9
Order Wins · Electric Equipment

Solarium's order book hits ₹852 cr, more than double its market cap

The nano-cap solar EPC player's order book surged from ~₹300 cr to ₹852.28 cr in months, with ground-mounted utility projects leading the shift.

SOLARIUM Micro cap 4:48 PM
5
Retailing

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.

V2RETAIL Mid cap 4:45 PM
8
Steel Pipes

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.

MAHSEAMLES Mid cap 4:43 PM
8
Steel & Iron Products

Shankara promoter trust buys ₹12.9 cr of stock, lifts stake to 9.34%

The Ballygunge Family Trust purchased 10.02 lakh shares on June 30, increasing its holding from 5.20% to 9.34%. For the ₹312 cr firm, this is a material show of confidence.

SHANKARA Micro cap 4:42 PM
6
Banks

Dhanlaxmi gold loans surge 76% YoY, extending FY26 trend

Gold loans hit ₹7,105 cr in Q1FY27. Gross advances up 26.47%, deposits up 17.10%. A routine update with no new strategic surprise.

DHANBANK Small cap 4:39 PM
9
Order Wins · Pharmaceuticals

Sai Parenterals locks in ₹1,300-cr Australian OTC deal, 3.4x annual revenue

The 7.5-year exclusive supply contract validates the Noumed acquisition and provides transformational scale for the ₹2,586-cr market-cap company.

SAIPARENT Small cap 4:38 PM
5
Edible Oil

Sarda Proteins plans eight-fold jump in authorized capital to ₹100 cr

Nano-cap edible oil company prepares for major equity dilution; board to meet on 4 July 2026 to seek shareholder approval for capital increase.

SRDAPRT Micro cap 4:29 PM
6
M&A · Trading

Getalong promoter Westpac buys again, third open-market acquisition in a month

Stake edged up from 41.47% to 41.94% with a ₹7.95 lakh purchase. The buying spree continues but the quantum is shrinking.

GETALONG Micro cap 4:19 PM
8
Credit · Power Generation

Adani Energy Solutions plans ₹10,000 cr QIP, seeks shareholder nod

The board approved a QIP of up to ₹10,000 crore, about 5.6% of its market cap, potentially diluting existing holders. Shareholders vote on July 25.

ADANIENSOL Mega cap 4:15 PM
9
Consumer Food

Anik Industries lands ₹94 cr tax relief, 74% of its market cap

Five income-tax appeals from 2014-15 to 2019-20 reversed at the commissioner level. The company says no alleged violations remain for a nano-cap that just lost ₹2 crore last quarter.

ANIKINDS Micro cap 4:11 PM