Stock Notes

Revenue rose 15 percent to 11,000 crore rupees. Loans and advances grew 20.6 percent to 3,05,488 crore and deposits 17.7 percent to 3,11,874 crore, lifting the CASA ratio to 50.8 percent. Gross NPAs eased to 1.51 percent from 1.61 percent and net NPAs to 0.44 percent from 0.48 percent. Provisions still rose to 1,140 crore rupees from 869 crore in the March quarter, so the profit jump came off a low base rather than off lower credit cost.

Unit 2 at Naroli, Silvassa, was hit by severe waterlogging after Silvassa recorded 740 millimetres of rain in 24 hours on 22 and 23 July. Management is still evaluating the damage to assets, plant operations and production capacity. The company holds insurance cover for the risk and has notified its insurer, and containment and recovery are under way. No quantum yet, so the earnings impact is open.

Water logged parts of the factory premises on Amli Hanuman Road, Silvassa. The company confirmed insurance cover and expects operations to normalise gradually. It is the second listed company to file on the same weather event, which makes this a Silvassa industrial-belt story rather than a single-company one. Sixty people were evacuated from the nearby Welspun industrial area on 23 and 24 July.

The company filed the disruption with NSE and BSE on 24 July and said all assets and materials at the site are adequately insured. Bhilad sits in the same Gujarat, Daman and Silvassa belt where Gandhar Oil Refinery and Precision Wires India both reported plant disruption, and Indo Count is the largest listed name to file from the belt so far. It is an export-led home-textiles maker, so a supply gap lands on shipment schedules rather than on domestic sales.

The work is an AI-led business transformation pairing low-code platforms with AI automation, and ranks among its largest AI deals in Europe so far.

The biggest are from Africa's Dangote Group for a mega refinery and fertiliser expansion, including the world's largest fluid catalytic cracking reactor-regenerator package.

Each Organon share fetches 14 dollars in India's largest-ever pharma acquisition, which still needs regulatory approvals and is set to close in early 2027.

The nine-month project covers high-integrity parts and marks PTC's shift from single components toward complex defence assemblies and sub-systems.

The largest is from Siemens for power distribution at a hyperscaler data centre, with further work from Titagarh Naval Systems and Princeton Digital Group.

Both are phenoxy selective herbicides, extending the crop-protection portfolio of one of India's few backward-integrated agrochemical makers.

The moves push the diagnostics chain into an African market and into new testing technology, though deal sizes were not disclosed.

It takes 28.99 percent of HL Mando Anand for 2,231 crore rupees, mostly through a share swap, and 30 percent of HL Klemove for about 935 crore rupees in cash. Mando makes steering, braking and suspension systems, while Klemove adds radars, cameras and driver-assist software. The deal turns a shock-absorber maker into a wider mobility supplier that sells more content per car.

It will install 64 of its S144 turbines in Andhra Pradesh under the DevCo model, covering land, supply, balance of plant and lifetime upkeep. This is Waaree's first wind project and Suzlon's second such order in a week. Its Andhra Pradesh order book now nears one gigawatt.

The cradle holds the gun barrel and breech and carries firing and recoil forces to the turret. It is the company's first order covering both the design and the manufacture of a mission-critical defence part. The value is undisclosed for strategic reasons, but it deepens India's push to make critical titanium parts at home.

Civil work is done and machinery installed, with commercial output expected in August 2026. Technical textiles feed automotive, defence, infrastructure and healthcare uses, a higher-margin segment than commodity yarn. The step widens its integrated platform as the new Punjab plant ramps up.

The rollout covers digital onboarding, cash management, virtual accounts, collections and liquidity. It deepens Intellect's transaction-banking footprint across the Middle East. Each named win with a marquee bank strengthens its case as a global banking-software vendor.

Fuel costs jumped 85.7 percent to 10,833 crore rupees after the Iran conflict spiked oil prices. Revenue still rose 20 percent to 24,584 crore rupees, but forex moves and disrupted Middle East routes added to the squeeze. A quarterly loss is rare for the market leader and shows how exposed airline margins stay to fuel.

Operating margin dropped to 16.7 percent from 25.6 percent as raw-material costs rose 22.8 percent. North America revenue slid to 162 million dollars from 226 million a year earlier. Revenue edged up just 2 percent to 7,119 crore rupees, below what the street expected.

A second joint venture, held 51 percent by DENSO, will build liquid-cooled traction motors and inverters for cars and larger vehicles. DENSO brings electrification depth that Sona does not have in the four wheeler segment. The subscription price marks the EV arm at nearly twice the transfer value.

The line will make miniature multi-fibre and super high density termination assemblies. Both feed high speed data centre and AI networking racks. It moves HFCL beyond its telecom cable base into the AI build-out.