Things I read yesterday as part of my stock research activities.
Company Results
New Orders Received
🟢 Voltamp Transformers secured a supply order worth ₹149 Cr for various ratings of power transformers from Gujarat Energy Transmission Corporation Limited.
🟢 Dilip Buildcon won ₹307 Cr sub-contract for Barpali loading bulb project at Kusara to be executed in 24 months.
🟢 KPI Green Energy received LoI for ₹1,050 Cr round-the-clock 600 MW green power project.
🟢 Texmaco Rail & Engineering bagged orders worth ₹78 Cr from Maha-Metro and Central Railway for rolling stock and rail components. Indicates strong railway capex momentum in India’s urban and freight corridors.
🟢 IRB Infrastructure Developers signed implementation agreements for three road projects (HMTL, KTL, KGTL) worth ₹4,466 Cr over 20 years.
🟢 Insolation Energy’s subsidiary received ₹232 Cr turnkey order for solar project under KUSUM scheme in Rajasthan. The project supports the government’s farm-level solarization push.
Core Business & Regulatory
🟢 Shyam Metalics’ Ramsarup Industries to commission ₹369 Cr 0.45 MTPA blast furnace and sinter plant by November 2025. The expansion will raise capacity and reduce emissions using energy-efficient technology.
🟢 Dr. Axion India, a Craftsman Automation arm, announced ₹280 Cr new Chennai plant to raise aluminium component capacity by 15% over two years, catering to auto-lightweighting and EV demand trends.
🟢 Lemon Tree Hotels launched its 11th property in Gujarat with Lemon Tree Hotel Morbi featuring 69 rooms, restaurant, banqueting, and recreational amenities.
Partnerships & Acquisitons
🟢 QatarEnergy signed 17-year LNG supply agreement with GSPC to supply up to 1 million tonnes annually to India.
🟢 Concor signed ₹500 Cr MoU with Jawaharlal Nehru Port Authority to manage common rail operations at upcoming Vadhvan Port.
🟢 Gujarat Pipavav Port signed MoU with Gujarat Maritime Board for ₹17,000 Cr investment to expand port capacity and infrastructure subject to concession extension.
🟢 Sharda Motor Industries signed technology licence pact with Korea’s Donghee Industries for advanced suspension systems. The partnership will enhance local manufacturing capabilities targeting premium, EV, and SUV segments.
Economy, Industry & Other
🟢 Honda named India its third key market after the US and Japan, planning hybrid and EV rollouts including Honda 0 α SUV by 2027.
🟢 Samsung partnered with Mahindra to provide digital car key technology for EVs and is negotiating with other OEMs. The integration aligns with growing connected vehicle trends in India’s mobility ecosystem.
🟢 Air India’s aircraft induction now matches Indigo with one new plane added weekly.
🟢 OpenAI offers ChatGPT Go plan free for one year to users in India starting November as strategic customer acquisition and market-seeding move.
🟢 Nvidia becomes world’s first $5 trillion company. Apple briefly topped $4 trillion in market value for first time. Alphabet shares surge 6% afterhours on first $100 billion revenue quarter with earnings driven by Google Cloud and YouTube.
🟢 Lenskart IPO grey market premium soars ahead of issue opening
🟢 US Fed cuts interest rate by 25 bps as second straight cut by 10-2 vote lowering benchmark to 3.75%-4%.
🔴 SEBI’s proposed cut in mutual fund TER likely to compress margins across AMCs and distributors.
That’s it for today.
FINVEZTO.COM | Build Wealth, Systematically
At Finvezto Stock Research (Anand Ganapathy, SEBI Registered RA), we offer the following services. Do check out more details below.
Long Term Recommendations (Core Portfolio)
Medium Term Recommendations (Satellite Portfolio)
Short Term Strategies (Overlay Portfolio)
Toolkit for Stock Research (For DIY Investors & Traders)
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.