Things I compiled yesterday as part of my stock research activities.
Key Quarterly Results
Key Updates
🟩 Lupin received Chinese regulatory approval for Oseltamivir Phosphate Oral Suspension, an antiviral for influenza treatment. China is a high-volume antiviral market. This adds a new geographic revenue stream to Lupin's branded generic portfolio.
🟥 Swiggy’s bid to become an Indian Owned and Controlled Company (IOCC) failed at 72.36% shareholder support, short of the 75% threshold. IOCC status eases FDI inventory restrictions for Instamart. Without it, Swiggy’s Q-commerce expansion stays constrained.
🟥 H-1B registrations for the FY2027 US visa cap dropped 38.5% to 211,600, down from 343,981, as the US shifted to a wage-weighted lottery. Low-wage sponsorships are being phased out. Mid-tier Indian IT firms with onsite-heavy delivery face rising visa costs.
🟩 LIC's Bancassurance and Alternate Channels crossed ₹5,000 crore in FY26 premium, growing 45% YoY. PAT rose 19.25% to ₹57,419 crore. Board declared a 1:1 bonus issue and ₹10/share dividend.
🟩 MTAR Technologies received international purchase orders worth ₹467 crore from an existing client. Execution splits equally across March and June 2027. Second major international order in 8 days, after ₹2,279 crore won on May 14. Stock is up 507% from its August 2025 low.
🟩 Apollo Hospitals guided Apollo HealthTech demerger and listing by Q4 FY27, targeting annualized revenue of ₹25,000 crore at listing. Shareholders receive 195.2 HealthTech shares per 100 Apollo shares.
🟩 PNC Infra received Letters of Acceptance from NHAI for two HAM highway projects in Uttar Pradesh totaling ₹3,483 crore. Both are 4-lane stretches on NH-927 with 24-month execution timelines. Order value is ~64% of the company's current market cap.
🟩 VA Wabag secured a medium-value DBO order for a Delhi wastewater treatment plant, valued in the ₹100-250 crore range. DBO contracts generate long-tenure O&M revenues beyond construction margins, improving earnings quality for project developers.
🟩 Transformers & Rectifiers India won a ₹228 crore order from GETCO for transformers and reactors, with delivery by August 2028. GETCO is Gujarat's state transmission utility. Renewable integration is driving steady transformer demand from state utilities.
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.