🌊 RUPIE SPEAK
📊 VOICE OF THE MARKET — STOCK WISE REPORT | AUGUST 24, 2026 | NO NOISE, ONLY WISDOM
1Market UpdateFIIs offload Rs 1,602 crore this week as Nifty dips 0.5%
📰 NEWS HIGHLIGHTS
FIIs were net sellers of Rs 1,602 crore this week while DIIs bought Rs 17,320 crore across all five sessions. Nifty closed down 0.5% at 24,252, with broader markets outperforming. Elevated crude oil above $92 and US-Iran tensions kept investors cautious.
RUPIE SPEAK
FII selling masked by DII buying — domestic support remains strong. Crude oil & geopolitical tensions key near-term triggers. Mid & Small Caps showing resilience.
2NSESEBI observations await completion of share allocation between SBI, SBICAPS
📰 NEWS HIGHLIGHTS
SEBI observations on NSE IPO await completion of share allocation between SBI (15.97M shares) and SBICAPS (8.78M shares). Overall offer size unchanged. DRHP addendum filed; regulatory process to move forward post completion.
RUPIE SPEAK
NSE IPO remains on track. Internal restructuring of selling shareholders — no change in offer size. One of India's most awaited IPOs.
3Kaynes Technology IndiaSigns MoU with BOSGAME for Indian market entry
📰 NEWS HIGHLIGHTS
Signed MoU with BOSGAME to establish and expand BOSGAME's presence in India. Combines BOSGAME's product innovation with Kaynes' electronics design, engineering and integrated manufacturing capabilities.
RUPIE SPEAK
Strategic partnership brings internationally recognized brand to India. Localization & market channel development key growth drivers. Electronics manufacturing ecosystem expanding.
4Diamond Power InfrastructureSecures ₹52.86 Cr LoI for data centre cable supply
📰 NEWS HIGHLIGHTS
Received LoI from Aurionpro Solutions for supply of HT & LT cables to hyperscale data centre campus in Hyderabad. 130 km of cable, mostly copper-intensive. Leverages newly commissioned 1,500 MT/month copper cable line.
RUPIE SPEAK
Data centre boom drives cable demand. New copper cable line adds capacity for high-intensity power applications. Long-term growth story in infrastructure.
5Titagarh Rail SystemsInaugurates new Design & Operations Centre in West Bengal
📰 NEWS HIGHLIGHTS
Inaugurated new Design & Operations Centre at Uttarpara facility. Hub for advanced engineering, design-led innovation and technology development for passenger rail systems.
RUPIE SPEAK
Strengthens in-house design & engineering capabilities. 'Make in India, Make for the World' vision gains momentum. West Bengal's rail manufacturing ecosystem gets a boost.
6Pace DigitekCompletes acquisition of entire stake in Inso Pace
📰 NEWS HIGHLIGHTS
Completed acquisition of entire equity shareholding of Inso Pace. Consequent to completion, Inso Pace has become a wholly owned subsidiary of the company.
RUPIE SPEAK
Streamlined subsidiary structure for better operational control. Inso Pace now directly under Pace Digitek umbrella.
7Craftsman AutomationNod to incorporate step-down WOS in Germany
📰 NEWS HIGHLIGHTS
Board approved incorporation of Craftsman Fronberg Precision GmbH in Germany by Craftsman Germany GmbH. Step-down WOS for machining and processing of engine and engineering components.
RUPIE SPEAK
Expanding Germany operations — in-house machining capabilities. Supports operational flexibility and future growth in European automotive & engineering markets.
8JTL IndustriesArm plans ₹15 Cr capex to double narrow-width HR coil capacity
📰 NEWS HIGHLIGHTS
Subsidiary JTL Engineering plans ₹15 Cr capex to double HR coil capacity from 5,000 to 10,000 MT/month. Max coil width to increase from 9 to 11 inches. Commissioning expected Q4 FY27.
RUPIE SPEAK
Capacity expansion to meet wider product specifications. Scrap-based manufacturing supports circular economy. Steel demand growth story intact.
9Lalithaa Jewellery MartStellar IPO debut with 32% premium on the BSE
📰 NEWS HIGHLIGHTS
Debuted at ₹265.30, up 31.99% from issue price of ₹201. IPO was subscribed 66.63 times. Offers gold, silver and diamond jewellery catering to southern Indian markets.
RUPIE SPEAK
Strong listing gains! 66x subscription reflects strong investor interest. Jewellery retail in South India — regional brand with growth potential.
10Horizon Industrial ParksFlat debut on the BSE — lists at ₹59.65 vs issue ₹60
📰 NEWS HIGHLIGHTS
Debuted at ₹59.65, down 0.58% from issue price of ₹60. IPO subscribed 1.52 times. Industrial and logistics infrastructure developer, owner and operator.
RUPIE SPEAK
Tepid listing but stable. Industrial & logistics infrastructure — long-term demand from e-commerce & manufacturing.
11Larsen & ToubroSigns ultra-mega gas compression project in Middle East (₹15,000+ Cr)
📰 NEWS HIGHLIGHTS
Signed contract for gas compression facilities in Middle East — ultra-mega contract value above ₹15,000 Cr. Includes EPC of gas compression plants, substations, utilities. Power transmission business will execute 230 kV substations.
RUPIE SPEAK
MEGA ORDER! ₹15,000+ Cr international win. L&T's hydrocarbon & power businesses showcase global EPC leadership. Multi-year execution visibility.
12Mayank Cattle FoodLaunches 'MAYANK UDDERSAFE' for udder health protection
📰 NEWS HIGHLIGHTS
Launched MAYANK UDDERSAFE — advanced udder health protection formula to prevent and manage mastitis in dairy animals. Improves milk quality, reduces economic losses.
RUPIE SPEAK
Animal health segment growing. New product addresses dairy farmer pain point — mastitis management. Revenue diversification and market penetration.
13Jubilant PharmovaUSFDA approval for new Isolator based fill & finish line at Spokane
📰 NEWS HIGHLIGHTS
USFDA approved commercial batch manufacturing of first product on new Isolator based fill and finish line (Line 3) at Jubilant HollisterStier LLC, Spokane, WA.
RUPIE SPEAK
Regulatory milestone! New fill & finish line adds contract manufacturing capacity. USFDA approval opens doors for more sterile injectable products.
14TVS Supply Chain SolutionsSigns MoU with Sankyu Inc; Sankyu to acquire 0.5% stake
📰 NEWS HIGHLIGHTS
Signed MoU with Japan's Sankyu Inc for supply chain & engineering collaboration. Sankyu to acquire 0.5% equity stake. Focus on India initially, then other markets.
RUPIE SPEAK
Strategic Japan partnership! 1,400+ Japanese companies in India — huge opportunity. Asset-light expansion across Asia, Middle East & Africa.
15JSW InfrastructureExecutes SPA to acquire 100% stake in JSW Overseas
📰 NEWS HIGHLIGHTS
Executed Share Purchase Agreement to acquire 100% of JSW Overseas from JSW Terminal (Middle East) FZE. Total consideration ₹19.21 lakh. Aimed at administrative & operational convenience.
RUPIE SPEAK
Simplification of group structure. JSW Overseas becomes direct subsidiary. Operational convenience and better control.
16Active Clothing CoPan-India distribution mandate for Levi’s, Nike, Jordan Kids & Ben Sherman
📰 NEWS HIGHLIGHTS
Entered Pan-India distribution mandate for Levi's, Nike, Jordan Kids and Ben Sherman Men's through Shop-in-Shop formats. Additional revenue opportunity of ~₹100 Cr over 3-4 years.
RUPIE SPEAK
From regional to Pan-India player! Global brands distribution — huge revenue potential. Retail operations scaling across India.
17Oriental HotelsApproves merger with Indian Hotels Company (IHCL)
📰 NEWS HIGHLIGHTS
Board approved amalgamation with IHCL. Share exchange: 25 IHCL shares for every 117 Oriental Hotels shares. All-stock transaction, completion targeted H2 FY2028. IHCL holds 37.05% stake.
RUPIE SPEAK
Consolidation in hospitality! Synergies in South India portfolio (TN, Kerala, Karnataka). IHCL's strategy to reduce operating entities — simpler management.
18Smartworks Coworking SpacesAdds ₹235 Cr incremental contracted rental revenue
📰 NEWS HIGHLIGHTS
Added ~₹235 Cr incremental contracted rental revenue through expansion mandates from Fortune 500 & Forbes 2000 clients. 92% revenue from enterprise clients. 35% from multi-city clients.
RUPIE SPEAK
Enterprise co-working demand strong! Fortune 500 clients building AI & tech capabilities. Long-term rental revenue visibility.
19GACM TechnologiesRaises ₹49.50 Cr through QIP issue
📰 NEWS HIGHLIGHTS
Successfully completed QIP, allotting 49.50 Cr equity shares at ₹1/share, aggregating ₹49.50 Cr. Participation from overseas institutional investors (Mauritius-based funds under FPI framework).
RUPIE SPEAK
Strengthened institutional investor base. Overseas participation enhances global visibility. Capital for future growth initiatives.
20Blue Cloud SoftechStarts execution of $150 million MSA with SpaceX International
📰 NEWS HIGHLIGHTS
Commenced delivery under MSA with SpaceX International. SOW No.1 aggregate value $150M covering AI Infrastructure ($70M), Cybersecurity ($25M), Telecom ($25M) and Data Centre ($30M).
RUPIE SPEAK
MEGA deal with SpaceX! $150M across AI, cyber, telecom & data centre. Global tech partnership — execution begins from current quarter.
21Gujarat Inject (Kerala)Signs agreement with Storenergy for Thermal Energy Storage opportunities
📰 NEWS HIGHLIGHTS
Entered agreement with Storenergy (UK) as strategic partner for pursuing Thermal Energy Storage System (TESS) opportunities in India.
RUPIE SPEAK
Energy storage is the next big theme! TESS technology partnership. Company undergoing strategic transformation toward renewable energy solutions.
22Ratnamani Metals & TubesArm bags export orders worth $286 million
📰 NEWS HIGHLIGHTS
Subsidiary Ratnamani Finow Spooling Solutions received export orders worth $286M (₹2,700 Cr) for supply of Spools/Hangers. Partially manufactured in-house, partly sub-contracted. Completion over 2-3 years.
RUPIE SPEAK
Massive export win! $286M order book. Diversified execution model (in-house + sub-contract). Long-term revenue visibility.
23Allied Blenders & DistillersExpands global footprint with local production in Malaysia
📰 NEWS HIGHLIGHTS
Launched local production of Officer's Choice Blue whisky in Malaysia — first overseas local production arrangement. Exports to 39 markets; global reach doubled in 2 years.
RUPIE SPEAK
Asset-light global expansion! Malaysia co-bottling arrangement. Mid-teens growth in Malaysian spirits market. More markets to follow.
24Insolation EnergyArm secures LoA for 9 solar power projects (99 MW AC) from MSEDCL
📰 NEWS HIGHLIGHTS
Wholly owned subsidiary Insolation Green Energy received LoA for setting up 9 solar power projects (99 MW AC/128.7 MW DC) from MSEDCL under Mukhyamantri Saur Krushi Vahini Yojana-2.0. Tariff ₹2.90/unit, annual revenue ~₹59.72 Cr for 25 years.
RUPIE SPEAK
Big solar win! 99 MW AC capacity. 25-year PPA ensures stable revenue stream. Government solar scheme beneficiary.