Moneylife’s market breadth indicators entered into emerging strength territory this week. The trends of the major indices in the course of the week's trading are given in the table below:
News
Adani Green Energy announced the dismissal with prejudice of US department of justice (DOJ) charges against key executives, including Gautam Adani. The company confirmed that it was never a party to the proceedings and faced no charges.
Tata Consultancy Services (TCS) reported no credible evidence of a data breach after threat alerts. The information involved was over four years old and limited to basic employee data. TCS confirmed no impact on customer or operational systems and stated strong safeguards against password spraying and fatigue attacks remain effective.
Zee Entertainment Enterprises Ltd (ZEEL) received interim relief from the securities appellate tribunal (SAT), allowing it to proceed with a ₹3,143-crore preferential warrant issue and access mutual fund units for dividend distribution.
Bharat Heavy Electricals Limited (BHEL) partnered with Norway’s Hystar AS to develop and deploy PEM (Proton Exchange Membrane) electrolyser systems, advancing its green hydrogen efforts.
SJVN Limited successfully commissioned its 75MW (megawatt) Jamui Solar power project in Bihar, costing ₹342 crore and expected to generate 90mn (million) units in the first year. The project supports India’s renewable goals and created 15-20 direct and 50-100 indirect jobs locally.
EIH managed-hotel pipeline includes 23 properties with 1,833 keys, targeting a major expansion in 2030 with nine new hotels, including Oberoi and Trident brands in Bengaluru and London.
Glenmark Pharmaceuticals settled a US antitrust case for US$15.28mn related to price-fixing allegations dating back to 2016, resolving consolidated lawsuits involving multiple plaintiffs and states.
Gland Pharma signed a strategic manufacturing and supply agreement with a leading global pharma firm, focusing on sterile injectables. The deal covers 55 SKUs (stock-keeping units) and is expected to generate US$90mn–US$100mn annually starting 2029, spanning oncology and non-oncology products.
Aegis Logistics commissioned a 36,000MT (metric tonnes) ammonia storage terminal at Pipavav Port, expanding its liquid and gas terminalling infrastructure. The terminal supports ammonia’s role in fertilisers and emerging clean energy applications like green hydrogen.
HCL Technologies clarified that investigations found no evidence of a data breach, with the exposed data being old and limited. The company confirmed no impact on client systems or operations and continued monitoring the situation.
Lemon Tree Hotels signed licensing agreements to expand its portfolio with new properties in Madurai and Mcleodganj. Both hotels were set to be managed by its subsidiary Carnation Hotels, targeting business and leisure travellers.
TCS and Google Cloud inaugurated the Gemini Experience Center in Mexico City to accelerate AI adoption. The centre featured over 3,000 AI agents designed to integrate with diverse client environments for practical AI-led solutions.
Coforge launched a dedicated private equity (PE) business unit to assist PE firms with operational transformation. The unit focused on enhancing portfolio company performance through technology-driven growth strategies.
V2 Retail opened its 400th store, adding 75 new outlets in the financial year. This expansion reflected the company’s robust growth trajectory and commitment to increasing market presence.
L&T Technology Services launched AgenticIQ™, an AI platform tailored for engineering and manufacturing sectors. The platform enabled enterprises to scale autonomous workflows while maintaining data security and regulatory compliance.
TCPL Packaging planned ₹125 crore investment over 18 months to enter lithium-ion battery separator film manufacturing. The company targeted commercial production by early-2028, aligning with rising global battery material demand.
Coal India entered negotiations to acquire a lithium mining unit in Chile, aiming to secure critical mineral resources. The deal’s progression depended on mining licence approval amid ongoing government regulatory processes.
Juniper Hotels signed a 55-year licence deed with Delhi development authority (DDA) to develop a five-star hotel in Dwarka (New Delhi) featuring a phased licence fee starting after a 42-month construction holiday.
Tata Consultancy Services (TCS) formed a strategic partnership with Vodafone Business to support UK enterprises in cloud transformation, AI, cybersecurity, and network modernisation, building on VodafoneThree’s £11bn billion network investment.
HEG Limited’s composite scheme of arrangement was scheduled for NCLT order, involving demerger of its graphite business into HEG Graphite Limited and amalgamation of Bhilwara Energy Limited with HEG Limited.
MIDHANI secured GE Aerospace’s S400 approval for independent and international metallic material testing, becoming the first Indian company recognised for comprehensive chemical, mechanical and metallurgical testing in aerospace.
Atlanta Electricals had its debarment by South Bihar Power Distribution Company Limited withdrawn after appeal, resolving a regulatory issue related to a 2023 purchase order and clarifying the matter involved no systemic quality concerns.
Bharat Heavy Electricals Limited (BHEL) entered a strategic collaboration with Norway-based Hystar AS to develop proton exchange membrane electrolyser systems, boosting its green hydrogen capabilities in line with India’s National Green Hydrogen Mission.
Max Healthcare Institute approved ₹425 crore capital expenditure (capex) to expand Max Super Speciality Hospital (Vaishali) adding 250 beds with commissioning expected by November 2029. The expansion aims to enhance capacity amid high utilisation across its hospital network.
Paisalo Digital Limited decided to close its public issuance of non-convertible debentures (NCDs) early, due to strong market demand. Vedanta Limited won the bid for the Punnam manganese block in Andhra Pradesh, expanding its mining portfolio
Orders
Man Infraconstruction secured approval for its ultra-luxury sea-view residential project, Berkeley House, in Bandra West (Mumbai), with a gross development value (GDV) exceeding ₹1,000 crore. This marks the group’s third residential project in Bandra, contributing to a total portfolio valued over ₹2,350 crore in the premium luxury segment.
Viviana Power Tech became the L1 bidder for two ₹113-crore power transmission projects under MGVCL, boosting its order-book to over ₹1,400 crore, more than twice its market-cap.
Bajel Projects won a ₹400–crore+ ultra-mega engineering-procurement-construction (EPC) order from Power Grid Corporation for 765kV (kilovolt) transmission lines in the Western Region–Eastern Region (WR-ER) network, with a 33-month execution timeline.
Bondada Engineering secured fresh orders worth ₹513.94 crore in battery energy storage system (BESS) and telecom infrastructure, expanding its consolidated order-book to ₹10,023 crore.
Antony Waste Handling received a ₹243.22-crore five-year contract from GNIDA for electric mechanical road sweeping machines and operations & maintenance (O&M) services.
CESC announced that its renewable energy arm, Purvah Green Power, will acquire a 1.4GWp (gigawatt-peak) solar portfolio from ReNew Solar Power for ₹4,859 crore. The assets span Rajasthan and Karnataka, with completion targeted by 31 October 2026, expanding CESC’s clean energy footprint.
South West Pinnacle Exploration secured a ₹6.64-crore contract from CMPDI for coal exploration in Jharkhand. The project was scheduled for completion within 180 days, reinforcing the company’s position in mining exploration.
Kalpataru Projects International Limited (KPIL) secured new orders totalling ₹3,526 crore, pushing its year-to-date order intake beyond ₹11,000 crore.
Investment/ Acquisition / Stake Stale /Join Venture
Prestige Estates Projects approved a binding framework for CPPIB to invest up to ₹3,000 crore in its hospitality arm, PHVL. The investment was subject to due diligence and regulatory approvals and aimed to enhance the company’s hospitality footprint.
RSWM formed a joint venture (JV) to set up a ₹186.3-crore denim garment facility, holding 74% stake and funding the project via equity and term loans.
UltraTech Cement acquired 26% stake in Solaris Horizon Energy to secure captive solar power supply, investing ₹27.75 crore to receive regulatory benefits and optimise energy costs at its Chhattisgarh plants.
Jio Financial Services signed an agreement with Bank of America for an up to ₹18,268 crore investment in Jio Credit Limited, with an initial 26.5% equity stake and potential to increase to 49.9% on warrant conversion.
Greaves Cotton Limited acquired the remaining 20% stake in Excel Controlinkage Private Limited, making it a wholly-owned subsidiary.
Zensar Technologies Limited completed mergers of two US subsidiaries with Zensar Technologies Inc to streamline operations.
Go Digit General Insurance Limited received NCLT approval for its merger with Go Digit Infoworks Services Private Limited to simplify its corporate structure and enhance growth potential.
Adani Energy Solutions Limited acquired 100% equity of Vizag Power Transmission Limited for ₹8,500 crore to support green energy projects in Vizag.
Earnings
Carysil posted 37.7% year-on-year (y-o-y) rise in Q1FY26-27 net profit to ₹31.4 crore, with revenue up 15.5% to ₹262.1 crore, supported by improved operating margins.
Wockhardt returned to profitability in Q1FY26-27 with net profit of ₹106 crore, reversing a loss of ₹90 crore a year ago. Revenue climbed 26% y-o-y to ₹929 crore.
Exicom Tele-Systems grew revenue 61.2% y-o-y to ₹331 crore in Q1FY26-27, while narrowing net loss by 16.6% to ₹69.3 crore.
RedTape reported 15.3% y-o-y increase in Q1FY26-27 net profit to ₹44.5 crore and 4% rise in revenue to ₹481.3 crore, alongside earnings before interest, taxes, depreciation and amortisation (EBITDA) nearly doubling and margin expansion.
Bharat Forge posted ₹90 crore consolidated net loss in Q1FY26-27, impacted by a one-time ₹358 crore loss, despite 18.7% revenue growth to ₹4,640 crore.
Indo Borax &Chemicals achieved 31.3% y-o-y revenue growth in Q1FY26-27 to ₹70.36 crore and net profit jumped 61.98% to ₹16.25 crore.
KPR Mill reported 21.5% y-o-y rise in Q1FY26-27 net profit to ₹258.5 crore alongside 10% revenue growth to ₹1,854 crore.
AstraZeneca saw revenue rise nearly 30% y-o-y in Q1FY26-27, but net profit declined 32.1% to ₹38 crore.
Yatharth Hospital posted 12% y-o-y net profit increase to ₹47.06 crore, with revenue surging 52% to ₹392.65 crore.
Gland Pharma’s Q1FY26-27 net profit rose 47% y-o-y to ₹316.96 crore, with revenue up 20% to ₹1,800.27 crore.
Amara Raja Energy and Mobility reported 16% y-o-y net profit rise to ₹190.94 crore and 24% revenue growth to ₹4,214.54 crore, though EBITDA margin narrowed to 9.6%.
Astra Microwave Products faced 24.3% y-o-y net profit decline to ₹12.3 crore and 11.7% revenue drop to ₹177 crore, due to lumpy defence order execution.
Lloyds Enterprises reported 74% y-o-y drop in net profit to ₹58.58 crore, mainly due to a sharp fall in other income, while revenue surged 70% to ₹563.03 crore.
Pudumjee Paper Products saw net profit decline 7% y-o-y to ₹33.72 crore on flat revenue of ₹202.92 crore, with a narrowing operating margin.
Viyash Scientific doubled its net profit to ₹65.87 crore, supported by 20% revenue growth to ₹946.36 crore and expanded operating margin.
Harsha Engineers International posted flat net profit at ₹37.38 crore, despite 25% revenue growth to ₹457.43 crore, as higher depreciation and finance costs offset margin gains.
Jyoti Resins and Adhesives reported 32% net profit decline to ₹11.75 crore, despite 17% revenue growth to ₹87.71 crore due to steep margin contraction.
Radhika Jeweltech’s net profit grew 26% to ₹22.85 crore on 54% revenue rise to ₹152.54 crore, though margins narrowed.
KP Energy posted a marginal 3% net profit rise to ₹26.08 crore, despite 137% revenue growth to ₹519.46 crore, held back by margin contraction.
Hind Rectifiers increased net profit 18% to ₹15.09 crore with 10% revenue growth to ₹236.39 crore, though margins narrowed.
MRF reported 6.52% net profit decline to ₹479.25 crore, despite 9.64% revenue growth to ₹8,415.50 crore.
Bosch saw 37% net profit drop to ₹702 crore on a high base, though revenue rose 22% to ₹5,842 crore.
Lumax Auto Technologies doubled net profit to ₹86.6 crore, with 33% revenue growth to ₹1,363.6 crore.
Zee Entertainment’s net profit fell 47% to ₹76 crore, despite 4.5% revenue rise to ₹1,908 crore.
Rail Vikas Nigam Limited (RVNL) posted 18.5% net profit increase to ₹159 crore with 10.5% revenue growth to ₹4,321 crore.
Venky’s net profit surged 216% to ₹49.99 crore on 29.2% revenue growth to ₹1,118.38 crore.
Unichem Laboratories swung to ₹41.47 crore net profit from a loss, with 20% revenue growth to ₹632.62 crore.
Royal Orchid Hotels net profit declined 39% to ₹6.79 crore, despite 36% revenue growth to ₹107.21 crore.
Zydus Lifesciences reported 35.9% net profit drop to ₹939.8 crore, despite 22% revenue growth to ₹8,017 crore.
Pyramid Technoplast posted 32% net profit increase to ₹10.44 crore on 36% revenue growth to ₹222.49 crore.
Siemens Energy’s consolidated net profit soared to ₹2,143 crore from ₹423 crore, with revenue up 14.8% to ₹4,714 crore.
Websol Energy System reported 70.3% revenue growth to ₹373 crore, 21.4% EBITDA rise to ₹126 crore and 15.8% profit after tax (PAT) growth to ₹78 crore.
Astral reported a 51.8% net profit rise to ₹120 crore in Q1FY26-27, with revenue up 15.9% to ₹1,578 crore and EBITDA growing 23% to ₹231 crore.
Lenskart posted 270% net profit jump to ₹222 crore and 43.3% revenue growth to ₹2,714 crore in Q1FY26-27.
Tata Motors Commercial Vehicles recorded 83.3% net profit increase to ₹2,560 crore and 19.3% revenue growth to ₹20,667 crore in Q1FY26-27.
Hindustan Aeronautics posted 14.9% net profit rise to ₹1,590 crore and 14.4% revenue growth to ₹5,515 crore, beating estimates.
AIA Engineering saw 1.3% net profit decline to ₹301.1 crore, despite 12.4% revenue growth to ₹1,168 crore.
Caplin Point Laboratories posted 17.5% net profit growth to ₹179.6 crore and 19.6% revenue rise to ₹610.3 crore.
Jyothy Labs net profit halved to ₹47.64 crore in Q1FY26-27, despite 3% revenue growth to ₹773.4 crore.
Hi-Tech Pipes revenue surged 79% to ₹1,412.8 crore, while net profit dipped 4% to ₹20.04 crore, due to thin margins and higher costs.
Patel Retail reported 69.7% revenue growth to ₹309.54 crore and 37.4% net profit rise to ₹9.52 crore in Q1FY26-27.
Marksans Pharma posted 169% net profit growth to ₹157.1 crore and 35.6% revenue increase to ₹840.8 crore.
Mukand Limited reported 97.6% net profit growth to ₹57.36 crore and 20.7% revenue growth to ₹1,362.21 crore.
Senco Gold posted 67.4% revenue growth to ₹3,056 crore but net profit slightly declined 3.4% to ₹101 crore.
Panama Petrochem net profit soared 625% to ₹308.91 crore with 150% revenue growth to ₹1,735 crore and EBITDA margin expanded to 22.35%.
Manappuram Finance net profit rose 40.8% to ₹552 crore, beating estimates, though net interest income missed expectations.
Welspun Living posted 84% y-o-y net profit rise to ₹160.7 crore in Q1FY26-27, with revenue up 23.7% to ₹2,795.4 crore and EBITDA growing 42.4%, expanding margin to 12%.
Tata Motors Passenger Vehicles recorded an 80.3% y-o-y net profit decline to ₹775 crore in Q1FY26-27 amid supply constraints and commodity pressures, despite 9.3% revenue growth to
₹95,799 crore.
Honasa Consumer more than doubled Q1FY26-27 net profit to ₹90.3 crore, with revenue up 27% to ₹756 crore and EBITDA increasing 140%, expanding margin by 690bps (basis points).
VST Tillers Tractors posted 9.1% net profit growth to ₹48 crore and 11% revenue growth to ₹313 crore, with a slight margin contraction to 12.7% in Q1FY26-27.
Solar Industries India reported 92.7% net profit increase to ₹652.6 crore in Q1FY26-27, driven by 71.2% revenue growth to ₹3,688.2 crore and 123% rise in its defence business.
Tega Industries swung to a ₹86.2 crore net loss in Q1FY26-27 from profit a year ago, despite sharp revenue growth to ₹1,723.4 crore.
Page Industriesposted a 3.5% net profit decline to ₹193 crore on 7.8% revenue growth to ₹1,420 crore in Q1.
Max Healthcare posted 3% net profit rise to ₹357 crore on 15% revenue growth to ₹2,835 crore, with healthy operational improvements.
Jubilant Foodworks recorded 14.1% revenue growth to ₹2,570 crore in Q1FY26-27.
DCM Shriram saw 85.5% net profit decline to ₹1.55 crore, with flat revenue of ₹293.63 crore.
V2 Retail grew Q1FY26-27 net profit 68% to ₹42 crore and revenue 57.8% to ₹997 crore, with 59.8% jump in EBITDA and improved margins.
Synergy Green Industries swung to a ₹10.1-crore net loss with 10% revenue decline and EBITDA halving to ₹4.7 crore in Q1FY26-27.
Ipca Laboratories posted 72.5% net profit growth to ₹401.89 crore and 20.7% revenue growth to ₹2,788 crore, with EBITDA up 60.7% to ₹670 crore.
Kirloskar Electric reported ₹5.99 crore net loss on 21.5% revenue decline to ₹103.85 crore in Q1FY26-27.
Minda Corporation posted 216% net profit rise to ₹206.25 crore on 33.2% revenue growth to ₹1,846 crore, with EBITDA up 36%.
Godrej Industries grew consolidated EBITDA 44.6% to ₹574 crore on 22.2% revenue growth, with margin expansion of 160bps, despite net profit decline.
Aditya Birla Real Estate widened Q1FY26-27 net loss to ₹34.59 crore on 30.4% operating income growth to ₹188.05 crore.
Lincoln Pharmaceuticals reported 31% net profit rise to ₹36.23 crore in Q1FY26-27, boosted by 59% jump in other income.
Kernex Microsystems posted a nearly 15-fold net profit increase to ₹109.85 crore and over eight-fold revenue growth to ₹503.58 crore in Q1FY26-27, driven by Kavach order execution.
Juniper Hotels nearly quadrupled Q1FU26-27 net profit to ₹33.26 crore on 13% revenue growth to ₹249.53 crore, despite margin moderation.
Natco Pharma’s revenue fell 44.7% y-o-y to ₹735.2 crore and net profit declined 57% y-o-y to ₹206.5 crore.
Paramount Communications’ revenue rose 17.4% y-o-y to ₹529.4 crore and net profit increased 6.5% y-o-y to ₹19.7 crore.
Fertilizers and Chemicals Travancore’s revenue was up 20.2% y-o-y to ₹1,253.4 crore and net loss was ₹61.94 crore compared to ₹4.28 crore profit last year.
Ashok Leyland’s revenue increased 10.4% y-o-y to ₹9,634 crore and net profit rose 2.59% y-o-y to ₹609 crore.
Anupam Rasayan India’s revenue grew 35% y-o-y to ₹654.98 crore and net profit was up 14% y-o-y to ₹38.64 crore.
Bharat Dynamics’ revenue more than doubled to ₹572.2 crore and net profit surged over six-fold to ₹118.8 crore.
Manorama Industries’ revenue increased 39.3% y-o-y to ₹404 crore. Net profit rose 67.8% y-o-y to ₹79 crore.
Olectra Greentech’s revenue surged 66% y-o-y to ₹576 crore; net profit slightly declined 0.4% y-o-y to ₹25.9 crore.
Vascon Engineers’ revenue dropped 31% y-o-y to ₹151.88 crore; net profit plunged 91% y-o-y to ₹1.93 crore.
Gujarat Fluorochemicals’ revenue rose 24% y-o-y to ₹1,588 crore; net profit increased 21% y-o-y to ₹221 crore.
Top gainers and losers of the major indices for the week are given in the table below:
