⭐ Worth Watching

EKI Energy Services Ltd has registered its Plastic Waste Reduction Project in Bangladesh with Verra, marking the first registered plastic waste reduction project in Bangladesh.

L&T Technology Services has secured a $75 million 5-year contract from a leading global technology enterprise for engineering intelligence services.

Jubilant Ingrevia Limited has entered into a binding agreement with Zettaone Technologies India Pvt. Ltd. for the acquisition of a 40% strategic stake for INR 189.2 crore, aligning with the company's Pinnacle growth strategy and providing a strong platform for its play in Electronics Development and Manufacturing Services (EDMS) space.

Ducon Infratechnologies Limited has secured a major order from the world's largest aluminium smelter in India for a Forced Cooling Network (FCN) System for the potlines at the smelter plant.

Permanent Magnets Ltd has informed that its wholly owned subsidiary, Quantum Magnetics Private Limited, has received approval under the Electronics Component Manufacturing Scheme (ECMS) for manufacturing Neodymium Magnets (Rare Earth Elements). This marks a significant milestone for QMPL and aligns with the company's strategic objective of developing a domestic manufacturing ecosystem for Rare Earth Permanent Magnets (NdFeB).

Lumax Auto Technologies Ltd has announced its Q1 FY 2026-27 earnings, with revenue growing 33% YoY to INR 1,364 crore and EBITDA increasing 51% YoY to INR 205 crore, with margins expanding 190 bps to 15.1%. Profit after tax for the quarter stood at INR 99 crore, registering a growth of 83%.

Atlanta Electricals Limited has received a Letter of Intent from Transmission Corporation of Andhra Pradesh Limited for an order worth Rs 193.92 crore to design, manufacture, test and supply 12 units of 160 MVA, 220/132 kV Auto Transformers.

Fiem Industries Ltd has reported a strong start to FY '27 with 18.6% sales growth to INR770 crores, while margins remained stable at 13.5%. The company has seen growth in the Indian 2-wheeler industries, driven by GST rationalization, India retail financing, and strong rural demand.

Alivus Life Sciences Limited has announced the acquisition of a 76% stake in IQGenX Pharma Private Limited for a consideration of INR 91.2 million. The acquisition will enable Alivus to leverage its core portfolio selectively into advanced formulation development and expand its global customer base in the generic pharmaceutical segment.

MM Forgings Limited has released its Q1FY27 performance update, showing strong growth across key financial metrics, with revenue increasing by 16% YoY, EBITDA by 16%, PBT by 30%, and PAT by 373% YoY, driven by a resilient export market and improving domestic opportunities.

MobiKwik completes transfer of digital lending business to wholly-owned subsidiary, MobiKwik Distribution Services Private Limited (MDSPL), and appoints Manish Pathania as Chief Business Officer to lead the vertical.

Aditya Infotech Ltd reported Q1 FY27 revenue of INR1,402 crores, up 89.5% YoY, driven by strong traction of CP PLUS brand. Gross margin stood at 30.8%, up 810 basis points YoY, and EBITDA stood at INR208 crores, up 20% YoY. Adjusted PAT stood at INR142.2 crores, up 332.5% YoY, attributed to lowering of finance costs and better cost efficiencies.

Matrimony.com Ltd reported Q1 FY'27 earnings, with PAT increasing by 127% YoY, and Matchmaking business achieving a billing of Rs. 135.3 crores, a growth of 7.9% QoQ and 8.0% YoY. The company also guided for double-digit growth in Matchmaking billing and revenue in Q2, and triple-digit profit in Q2.

Highway Infrastructure Ltd has received a Letter of Acceptance (LOA) from NHAI for a toll collection contract at Palayam Fee Plaza in Tamil Nadu, worth Rs. 80.17 crore.

Capital Trust Limited has announced its Q1 FY27 update, showcasing accelerated growth momentum with a 52% QoQ increase in AUM to ₹240 Cr, with gold loans disbursements crossing ₹20 Cr and a monthly disbursement run-rate of ~₹5 Cr. The company has also seen a reduction in risk mix with 72% of AUM now secured/zero-credit-risk, and GNPA reduced to 2.7%.

Pakka Limited has released its Q1 FY 2026-27 investor presentation, highlighting a solid movement in delivery ware, highest ever food services and customer success, and a strong start to the year. The company has reported a 34% increase in revenue and a 42% increase in EBITDA compared to Q1 FY 2026. The company has also provided guidance for the year, expecting to break even after years of losses and scaling up its B2B and retail businesses.

BLS International Services Ltd reported a strong start to FY 2027 with 25% year-on-year growth in revenue and 24% growth in EBITDA, driven by diversified business model, global footprint, and disciplined execution capabilities. The company achieved its highest ever quarterly revenue, EBITDA, and PAT.

LG Electronics India Ltd wins 10 awards at DIGIT India's Top Appliance Awards 2026 for excellence in innovation across various categories.