Things I read yesterday as part of my stock research activities.
Q2 Company Results
New Orders Received
🟢 LTIMindtree clinched a multi-year IT services contract just over $100 million from a US-based chemicals and polymers major. Scope spans managed services and digital transformation. It strengthens LTIM’s large-deal momentum into FY26.
🟢 Tejas Networks was picked by PowerGrid’s PowerTel to upgrade its pan-India DWDM backbone to 400 Gbps using the multi-terabit TJ1600 platform. The project supports future traffic growth and higher resiliency. Shipments begin immediately.
🟢 Vikran Engineering bagged ₹354 Cr EPC contract from Ellume Energy for 100 MW AC/120 MW DC solar PV power project development in Maharashtra.
🟢 Knowledge Marine received a ₹385.8 crore LoI from VO Chidambaranar Port Authority for a 60-ton battery electric green tug under the Green Tug Transition Program.
🟢 Dilip Buildcon declared L-1 bidder for 4-laning of Paramakudi-Ramanathapuram NH49 section worth ₹879 Cr on hybrid annuity basis with 24-month completion.
🟢 RVNL won a ₹165.5 crore North Eastern Railway bridge package between Paniyahwa and Valmikinagar using Double-D well foundations.
Core Business & Regulatory
🟢 Paytm enabled NRIs from select countries to log in with international mobile numbers and make UPI payments via NRE or NRO accounts. The move broadens cross-border usability and merchant acceptance.
🟢 Ola Electric expanded Hyperservice into an open platform for independent garages, mechanics, and fleets. Genuine spares, diagnostics, and training are now accessible, improving uptime and unit economics.
🟢 Mphasis launched NeoIP, a unified AI platform anchored by the Ontosphere knowledge graph. Early outcomes include up to 60 percent development efficiency gains and 50 percent incident reduction.
🟢 Shriram Properties signed JDA for 7-acre land in Yelahanka Bengaluru to develop premium row houses with ₹600 Cr GDV under asset-light growth strategy.
🟢 Sai Life Sciences to launch a new CMC Process R&D Center in Hyderabad that will double process R&D capacity by September 2026. New peptide and oligo capabilities are planned.
Economy, Industries, IPO & Other
🟢 India’s tech sector logged $1.48 billion of Q3 deals, led by AI and cloud. High-value transactions rose sharply versus Q2. Activity signals improving risk appetite and consolidation among service providers.
🟢 Amazon said cumulative e-commerce exports from India crossed $20 billion since 2015, with a target of $80 billion by 2030. Growth is driven by categories like cosmetics, toys, and apparel.
🟢 OTT platforms such as Netflix, Prime Video and Hotstar are rolling out more daily TV-style shows to enhance viewer retention and daily engagement. Their focus is shifting towards profitability.
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 to understand more about the business. It does not recommend buying or selling stocks mentioned in this newsletter. Securities market investments carry market risks. Kindly review all related documents before investing.