Things I compiled as part of my stock research activities.
New Orders Received
🟢 Avantel secured a ₹459.9 Cr rate contract from Zetwerk for satellite communication equipment including supply, 1-year comprehensive onsite warranty, and 5-year AMC support, executed over 3 years. The ₹460 Cr contract is ~1.85x Avantel's record FY25 turnover of ₹248.67 Cr.
🟢 L&T won a significant contract with values between ₹10B to ₹25B. Contract won from Guwahati's drinking water board for its Water & Effluent Treatment business.
🟢 Bharat Dynamics plans 2 additional manufacturing facilities with additional orders of ₹150B envisaged in FY 2026-27. BDL's ₹25,500 Cr order book already provides 4+ years of forward revenue visibility.
Partnerships, Investments & Acquisitions
🟢 Cochin Shipyard formed a JV with HBL Engineering to develop electric mobility and energy storage technology with CSL holding 40% and HBL 60% in the new JV. The JV specifically targets marine electric and hybrid propulsion, not road or land mobility.
🟢 RRP Defense signed a strategic MOU with BEL to boost semiconductor and unmanned systems collaboration. The MOU also covers Electro-Optics, expanding collaboration across 3 high-value defence technology domains.
Core Business & Regulatory
🟢 Sterlite Technologies launched India’s first hollow core fibre (HCF) cable for data centres enabling 46% faster signal travel and reduced latency. STL is India’s only HCF manufacturer, holding 780-plus patents and targeting global hyperscalers.
🟢 Puravankara unveiled 30 projects across South India and Mumbai with GDV over ₹55,000 Cr in the next 24 months.
🟢 HFCL to set up a ₹580 Cr preform facility via subsidiary strengthening backward integration for optical fiber business. HFCL’s recent $1.10 billion global OFC supply deal makes this preform capacity important.
🟢 Bata India crossed 700 franchise stores with about 70% of stores in Tier II, III and IV markets. At 700-plus stores, franchise now drives Bata’s growth with minimal capex per location added.
🟢 Coal India subsidiary CMPDIL filed prospectus with ROC for an IPO of 107.1 million shares following RHP. This is Coal India’s first subsidiary IPO; CMPDIL is the group’s technical exploration arm.
🔴 Kotak Mahindra Bank faces alleged ₹150-160 Cr fraud linked to Panchkula Municipal Corporation with missing FDs and fund diversion under vigilance probe. Follows IDFC First’s ₹590 Cr Haryana FD fraud.
🔴 Power Mech Projects had its 250 MW battery storage tender annulled by WBSEDCL, reducing order book by ₹1,563 Cr. The reversal erases PM Green’s maiden BESS order won just 2.5 months ago in January.
Economy, IPO & Other
🟢 Finance Ministry nod sought to extend E2W and E3W SOPs with around 1 million E-2Ws sold against a target of 1.4 million (OLA Electric, Hero Moto, TVS Motor).
🔴 Zerodha doubled some intraday F&O brokerage charges to ₹40 as SEBI mandates 50% cash collateral. Fee applies from April 1; traders maintaining 50% cash margin still pay the standard ₹20.
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.
Thank you for sharing these compilations, really helpful.