Moneylife’s market breadth indicators have maintained their position in bullish territory this week. The trends of the major indices in the course of the week's trading are given in the table below:
News
Lupin Limited received an establishment inspection report (EIR) from US food and drug administration (US FDA) for its Somerset, New Jersey facility, classified as voluntary action indicated (VAI). The inspection ran from 13th to 17 April 2026, affirming compliance commitment.
Suryoday Small Finance Bank received ₹387.45 crore claim payment under the credit guarantee fund for micro units (CGFMU) scheme on 1 July 2026. This supports the Bank’s focus on microfinance initiatives.
Ajanta Pharma received the EIR from the US FDA for its Paithan facility, classified as VAI. The inspection took place from April 13 to 21 April 2026, marking the inspection process's conclusion.
Bank of Baroda settled litigation related to NMC Health PLC with a payment of US$600mn (million) (approximately ₹5,700 crore) as part of an out-of-court agreement.
Aurobindo Pharma transferred its domestic branded generic formulations business to wholly owned subsidiary Auropharm Limited effective 1 July 2026. This slump sale aims to streamline operations and enhance subsidiary focus.
Zaggle Prepaid Ocean Services been empanelled by Canara Bank from 30th June 2026 to join its fin-tech ecosystem for two years, subject to annual reviews. This partnership aims to enhance Zaggle’s market presence and improve Canara Bank’s fin-tech offerings.
Gujarat Fluorochemicals Limited (GFL) plans to expand its refrigerant capacity by adding R134A to its portfolio (which includes R32, R22, R125, R410A) to fully utilise its refrigerant entitlement under the Montreal Protocol and Kigali Amendment.
Lineage Power Pvt Ltd subsidiary of Pace Digitek (+0.43%) signed a master supply agreement with Guangzhou Rongjie Energy Technology for 3GWh (gigawatt-hour) lithium iron phosphate (LFP) battery cells, supporting its battery energy storage system (BESS) manufacturing.
Omaxe announced a ₹6,200-crore investment to build 19 hotels across five states over four to five years, integrating hospitality into its real estate ecosystem, including a public-private-partnership (PPP) project for a Gateway Hotel in Delhi.
Waaree Energies clarified that the US customs and border protection investigation found no violations regarding Chinese-origin solar cells; the company is pursuing further legal review.
Godavari Biorefineries launched a new 200KLPD (kilolitres per day) corn/grain-based distillery at Sameerwadi unit, expanding capacity to 800KLPD to support ethanol blending goals.
Axiscades Technologies paid a fine of ₹4,95,600 to the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) for non-compliance with board composition regulations, specifically late appointment of a woman director.
Axiscades Technologies paid a fine of ₹4,95,600 to NSE and BSE for non-compliance with board composition regulations, specifically late appointment of a woman director.
ICICI Lombard General Insurance received a GST (goods and services tax) demand of ₹10.35 lakh, with interest and penalty totalling over ₹10 lakh, confirmed by the additional commissioner; the company plans to appeal.
Paras Defence and Space Technologies signed an exclusive 12-month intellectual property (IP) licence agreement with Tandem Defense LLC for Guardian-1 interceptor counter-drone technology in India.
Coal India Limited (CIL) plans to invest around ₹1,900 crore in research & development (R&D) by FY29-30, focusing on clean coal, net-zero technologies, and sustainable materials through its National Centre for Coal and Energy Research and centres of excellence at IITs.
Utkarsh Small Finance Bank transferred stressed asset portfolios worth ₹726.82 crore to asset reconstruction companies (ARCs) via the Swiss challenge method.
NTPC completed commercial operations of the final 41.6MW (megawatt) segment of its 176MW solar photovoltaic (PV) project at Ramagundam (Telangana), fully operational as of 30 June 2026.
Kirloskar Pneumatic launched the ‘Tezcatlipoca’ A800, India’s first indigenously designed two-stage centrifugal air compressor delivering 600–980CFM (cubic feet per minute) class 0 oil-free air.
V2 Retail achieved 58% year-on-year (y-o-y) revenue growth in Q1FY26-27, with revenue reaching ₹997 crore. The company expanded its stores network to 381 stores across tier-2 and tier-3 markets, driving strong sales productivity.
Lupin received European Medicines Agency approval for expanded marketing of NaMuscla, including paediatric use and new dosages. The drug treats symptomatic myotonia in children, adolescents, and adults with non-dystrophic myotonic disorders.
Borosil commenced commercial production at its Rajasthan manufacturing unit on 30 June 2026, focusing on vacuum insulated stainless-steel products. The facility will enhance production capacity and supply-chain efficiency.
Zaggle Prepaid Ocean Services signed a five-year strategic loyalty rewards agreement with HPCL on 30 June 2026. The deal integrates Zaggle’s platform with HPCL’s drive track plus fleet card program for loyalty points.
Ashok Leyland reported 26% increase in domestic vehicle sales for June 2026, reaching 17,912 units. Medium & heavy commercial vehicle (M&HCV) truck sales surged 44%, while bus sales declined 28%, with total sales including exports rising 25%.
Zota Health Care expanded its Davaindia store network by opening 264 new stores in Q1FY26-27, totalling 2,825 stores. Growth includes COCO (Company Owned, Company Operated) and FOFO (Franchise Owned, Franchise Operated) formats, strengthening its retail footprint.
Hyundai Motor India sold 51,335 units in June 2026, despite a supplier fire causing a production loss of 13,900 units. Production normalised by 22nd June, with recovery expected in Q2FY26-27.
EPACK Durable received Andhra Pradesh government approval for a ₹1,084 crore investment under the Electronics Manufacturing Policy 4.0. The package includes land allotment and capital subsidies for expanding home appliance manufacturing.
HG Infra Engineering’s two step-down subsidiaries were struck off by the registrar of companies on 30 June 2026, with no material impact on the parent company’s operations.
Adani Green Energy Limited operationalised 156MW of renewable energy and 185MWh (megawatt-hour) of BESS projects in Gujarat. The company’s total renewable capacity now exceeds 20,141MW.
Glenmark Pharmaceuticals received US FDA Form 483 with six procedural observations after a Goa facility inspection. The company expects no supply impact and will address the findings timely.
Aeroflex Industries increased production capacity for liquid cooling Secondary Fluid Network (SFN) skid assemblies from 6,000 to 9,000 units annually as of 1 July 2026. The company sold 1,040 units in Q1FY26-27, supporting growth plans.
Glenmark Pharmaceuticals commenced a multi-country phase-3 trial for trastuzumab rezetecan targeting platinum-resistant ovarian cancer. India is the first country to initiate enrolment following regulatory approval.
Adani Ports and Special Economic Zone (APSEZ) reported 15% y-o-y cargo volume growth in Q1FY26-27 to 138.1 Million Metric Tons (MMT), driven by container and liquid volumes. However, logistics rail volumes declined 19% for the quarter.
DEE Development Engineers Limited obtained in-principle approval for preferential issuance of 59,76,096 equity shares at ₹502 per share from stock exchanges on 1 July 2026. The issuance targets capital raising from promoters and non-promoters.
Max Healthcare Institute received NSE and BSE no-objection for reclassifying Radiant Life Care Foundation from ‘promoter group’ to ‘public’ category effective immediately. This aligns with corporate governance improvements.
Bharti Airtel issued a reminder for first and final call payment of ₹401.25 per partly paid-up share from 2nd July to 16 July 2026. Interest at 10%pa (per annum) applies on unpaid amounts, with potential forfeiture for non-payment.
Orders
GK Energy Limited secured a ₹48.02-crore order for installing 10MW rooftop solar projects across 1,150 domestic locations, to be completed within 90 days. The contract has no related-party involvement.
VA Tech Wabag secured a major order for expanding Vienna’s Donauinsel water works, enhancing water supply infrastructure with advanced treatment processes. The project supports Vienna’s long-term water resilience plan.
Godrej Properties won a bid for a 4.95-acre residential land parcel in Noida for ₹331.75 crore. The project aims to generate over ₹2,000 crore in revenue through premium residential development.
Diffusion Engineers received a domestic order worth ₹26.31 crore for supplying Regenerative Air Preheater (RAPH) rotor assembly to a power sector client, with deliveries starting by March 2027.
Transformers and Rectifiers (India) secured an ultra-mega order worth over ₹1,000 crore from Power Grid Corporation of India Limited for manufacturing transformers over 30 months.
Avantel received a ₹83.8-crore purchase order from Zetwerk Manufacturing Businesses for satellite communication equipment, to be delivered by March 2027.
Zaggle Prepaid Ocean Services signed a 5-year agreement to provide employee expense management services to APAC Financial Services.
Ceigall India Limited was awarded a ₹330.84-crore contract by Delhi PWD for road strengthening works in the south maintenance zone.
Mergers/ Acquisitions / Fund-raise / Stake Sale
Pidilite Ventures Pvt Ltd completed a share swap transferring its stake in Buildnext Construction Solutions to JSW One Platforms Limited, ending Buildnext’s association with PVPL.
Max Healthcare Institute acquired 100% class a equity shares in Yerawada Properties Private Limited, Pune, as part of plans to develop a 450-bed super speciality hospital. The acquisition was completed on 30 June 2026.
Maithan Alloys completed its merger with subsidiary Impex Metal & Ferro Alloys Limited effective 30th June 2026, following national company law tribunal (NCLT) approval. The merger consolidates assets and liabilities to streamline operations and enhance efficiencies.
Alkem Laboratories subsidiary, Alkem Medtech, executed a supplementary agreement to acquire 51%-55% stake in Swiss med-tech firm Occlutech Holding AG, advancing its strategic expansion.
Sai Parenterals subsidiary, Noumed Pharmaceuticals, signed a ₹1,300 crore exclusive OTC medicine supply contract with Australia’s leading pharmacy network, effective 1 July 2026. The agreement spans 7.5 years, with an extension option.
State Bank of India (SBI) issued US$300mn in senior unsecured floating rate notes with a 3-year maturity, paying Secured Overnight Financing Rate (SOFR) + 100bps (basis points), through its London branch.
Pricol approved a scheme to demerge its driver information & connected vehicle solutions (DICVS) business into Pricol Autotech Limited which accounts for over 61% of turnover.
Zydus Lifesciences extended the closing date for acquiring active pharmaceutical ingredient (API) business from Sterling Biotech Limited to 30 September 2026, due to pending conditions precedent.
Bharat Petroleum Corporation (BPCL) acquired a 40% stake in Tiki Tar and Shell India Pvt Ltd (TTSIPL) for ₹85 crore to enter India’s value-added bitumen market.
Optiemus Infracom approved acquiring 1.08 crore equity shares in Bharat Innovative Glass Technologies (Bigtech) for ₹10.8 crore via a rights issue and granted an unsecured loan of up to ₹100 crore to its subsidiary GDN Enterprises at 8.5% interest.
Tata Communications announced a US$152mn investment in subsea cable infrastructure between India and Singapore to meet rising data and artificial intelligence (AI) demands, with routes operational between Q4FY26-27 and Q3FY30-31.
Oil India fined ₹5.5 lakh by NSE for non-compliance with SEBI board composition regulations; the company plans to seek a waiver citing uncontrollable circumstances.
Bosch acquired full ownership of Bosch Chassis Systems India effective 1 July 2026, consolidating its operations in India. The acquisition aligns with Bosch’s strategic expansion plans in the Indian market.
JSW Infrastructure Limited completed a landmark ₹7,503 crore QIP, combining primary issuance and promoter offer for sale. The issue attracted 6.7 times demand, supporting a ₹39,000 crore capital expenditure (capex) plan.
Nippon Life India Asset Management received competition commission of India (CCI) approval on 30 June 2026 for a share transaction with DWS group, involving shareholder and subscription agreements. This follows board approval in March 2026.
DOMS Industries completed acquisition of Reynolds Pens India assets for US$3.7mn on 1 July 2026, including ancillary agreements for IP and supply continuity under the Reynolds brand.
Zee Entertainment Enterprises approved a ₹3,143 crore preferential warrant issue to promoter group entity Sunbright Mauritius Investments Limited on 1 July 2026. The issuance involves up to 24.95 crore warrants convertible within 18 months.
Top gainers and losers of the major indices for the week are given in the table below:
