Things I compiled yesterday as part of my stock research activities.
Quarterly Results
New Orders Received
🟢 Hindustan Zinc declared successful bidder for the Jhandawali-Satipura potash and halite block in Rajasthan covering 1,841 hectares at G3 exploration level. India currently imports 100% of its potash requirement; this is India’s first-ever potash block auction.
🟢 GHV Infra Projects secured an EPC contract worth ₹1,250 Cr from APCO Infratech for expressway connectors between Jalna and Nanded in Maharashtra, with a 30-month execution timeline. The contract equals ~55% of GHV Infra’s current market cap of ~₹2,250 Cr.
🟢 ArisInfra Solutions signs MoU with Capacit’e Infraprojects for material procurement worth a minimum of ₹800 Cr. The agreement is structured over five years.
🟢 MVK Agro Food receives Maharashtra government approval granting “Mega Project” status for its ₹275 Cr expansion in Nanded focused on sugar, ethanol, and allied products. Mega Project status qualifies the company for incentives under Maharashtra’s Package Scheme of Incentives (PSI) 2019.
Partnerships, Investments & Acquisitions
🟢 Godawari Power & Ispat subsidiary GNEPL signs a 5-year supply agreement with China’s EVE Power for LFP cells.EVE Power is among the world’s top LFP cell manufacturers; LFP is the global standard chemistry for utility-scale BESS applications.
Core Business & Regulatory
🟢 Puravankara plans to launch 30 projects over the next 24 months with a GDV over ₹55,000 Cr. The pipeline spans 51.14 million sq. ft., primarily across South India and Mumbai, with most projects already at the approvals stage.
🟢 RR Kabel expands its FMEG portfolio with new kitchen appliances and an enhanced air cooler range to drive deeper market penetration. FMEG now represents a growing revenue diversification lever as RR Kabel reduces reliance on its core cables and wires business.
🟢 Ather Energy is looking to reduce aluminium usage in its scooters to cut costs and improve margins. Domestic aluminium prices have risen approximately 14% YoY to ~₹358/kg, and Ather is targeting a 10–20% cost reduction through material substitution.
🔴 Vedanta Power Plant in Chhattisgarh’s Sakti district suffered a boiler tube rupture killing at least 9 and injuring 40 workers; rescue operations are still ongoing and the toll may rise.
Economy & Sectors
🟢 India's March 2-wheeler sales rose 19.3% year-on-year to 19,76,128 units per SIAM data. FY26 cumulative 2W sales crossed 21.4 million units, surpassing India’s pre-COVID FY2019 peak of 21.17 million for the first time.
🟢 India's March 3-wheeler sales climbed 21.4% year-on-year to 76,273 units per SIAM data. Bajaj Auto commands ~62% segment share.
🟢 India's March domestic Passenger Vehicle sales grew 16% year-on-year to 4,42,460 units per SIAM data; figures exclude BMW, Mercedes-Benz, JLR, and Volvo. FY26 full-year PV sales hit a record 47 lakh units, the highest in India's automotive history.
That’s it for today.
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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.