Things I compiled yesterday as part of my stock research activities.
Quarterly Results
Core Business
🟢 Tata Consumer Products board approved ₹160 Cr to set up a 2,000 MT instant tea manufacturing facility in India. India’s instant tea market is growing at ~8% annually, driven by export demand and domestic premiumization.
🟢 Dabur revised India business revenue guidance upward to low double-digit growth for FY27, from its earlier single-digit target. Rural India, where Dabur derives ~45% of domestic revenues, is the primary driver behind this guidance upgrade.
🟢 Gravita India plans to expand lead recycling capacity at Jaipur by 42,000 MTPA with a ₹30 Cr investment, targeting completion by June 2026. India’s rising EV battery demand is accelerating secondary lead recycling.
🟢 JSW Infrastructure received permission to operate Berth No. 7 at Netaji Subhash Dock in Kolkata and targets cargo capacity of 400 MTPA by FY2030 from 183 MTPA currently, backed by ₹39,000 Cr combined capex across ports and logistics.
🟢 Royal Enfield (Eicher Motors) will invest ₹2,200 Cr in an Andhra Pradesh plant. This is Royal Enfield’s first dedicated manufacturing facility in South India, reducing production concentration away from the Chennai base.
🟢 Vijaya Diagnostic outlined a ₹140-150 Cr FY27 capex plan focused on a fully automated lab in Hyderabad. Diagnostic automation typically reduces cost per test by 20-30%, directly supporting EBITDA margin expansion in high-throughput lab operations.
🟢 Paytm (One 97 Communications) expects FY27 revenue growth acceleration and targets 15-20% EBITDA margins via payments, financial services, and marketing services recovery. Achieving this margin range would mark Paytm’s first meaningful EBITDA profitability milestone.
New Orders Received
🟢 L&T won a significant contract valued between ₹1,000 Cr and ₹2,500 Cr. L&T’s order book now exceeds ₹5 lakh Cr, with infrastructure and clean energy verticals accounting for the majority of recent inflows.
🟢 Bondada Engineering won an ₹816 Cr EPC order from NTPC Green Energy for a 600 MW solar project at Fatehgarh, Rajasthan. This second NTPC mandate carries a 16-month execution window and directly supports the company’s guided FY27 revenue growth of 60-70%.
Partnerships, Investments and Acquisitions
🟢 Tata Group and JSW Group are separately investing nearly $1 billion in EV and battery R&D to reduce reliance on Chinese technology. India’s EV sales surged ~70% in early 2026, underscoring the urgency for domestic battery IP and reduced import dependence.
🔴 Dixon Technologies is under ED investigation over its proposed Vivo-Dixon JV, according to media reports. A regulatory block on the JV would affect Dixon’s smartphone manufacturing scale-up plans tied to India’s PLI scheme.
Economy & Other
🔴 An Expert panel linked Paraquat Dichloride to lung damage, kidney disease, and Parkinson’s risk, recommending a ban that would directly impact Dhanuka Agritech and Dharmaj Crop Guard. The chemical is already banned in 78 countries including the EU, and India remains one of the last major agricultural markets still permitting its use.
🟢 DFS Secretary indicated top 3 airlines may receive up to ₹1,500 Cr each in government support, a direct positive for IndiGo. Government intervention signals sector stress from elevated fuel costs driven by the ongoing West Asia conflict.
🔴 Bajaj Auto warns motorcycle industry growth could slow to 7-9% in FY27 due to rising fuel prices and metal inflation. The sector grew ~12% in FY26 and a deceleration to 7-9% would mark the sharpest single-year growth slowdown since FY22.
That’s it for today.
FINVEZTO.COM | Flexi-Wealth System. One-Wealth Building System. For Life.
Disclaimer: Anand Ganapathy K is a SEBI-registered Research Analyst with SEBI registration number INH000016630. This post is purely for learning purposes. We do not recommend buying or selling stocks mentioned in this newsletter. Securities market investments carry market risks. Kindly review all related documents before investing.