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Voice of the Market •No Noise, Only Wisdom 19/08/2026
1L&T Technology Services bags over $75 million five-year deal from global tech enterprise
L&T Technology Services has won a five-year contract worth more than $75 million from a leading global technology enterprise. The deal covers product engineering, software development, testing, validation and digital engineering services. A dedicated engineering centre will also be set up using the company’s Engineering Intelligence solutions.
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Rupie Speak
Large multi-year deal from a global tech client strengthens the order book and shows growing demand for LTTS’ engineering and AI capabilities.
2Jubilant Ingrevia inches up on inking pact to acquire 40% stake in Zettaone Technologies India
Jubilant Ingrevia has signed a binding agreement to acquire a 40% strategic stake in Zettaone Technologies India for Rs 189.2 crore. After the deal, Zettaone will become an associate company. The acquisition will be completed in two tranches by September 2027.
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Rupie Speak
Strategic stake in a tech company strengthens Jubilant’s presence in the electronics and semiconductor CDMO space.
3Ceigall India moves up as its JV gets LoAs from Ministry of Road Transport & Highways
Ceigall India’s joint venture with Sushee Infra & Mining has received four Letters of Acceptance from MoRTH for road packages on NH-913 (Frontier Highway) in Arunachal Pradesh. Total bid cost of the four projects is Rs 2,149.62 crore. Ceigall holds 74% stake in the JV.
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Rupie Speak
Large road construction orders in the North-East significantly boost the order book and give strong execution visibility.
4RailTel soars on bagging order worth Rs 166.80 crore from EPFO
RailTel has received a work order worth Rs 166.80 crore from Employees Provident Fund Organisation for providing Infra-as-a-Service for one year. The order is to be executed by February 2027.
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Rupie Speak
Fresh government order for infrastructure services adds to the order book and supports near-term revenue.
5Infosys moves up on collaborating with Knorr-Bremse to accelerate AI-enabled enterprise transformation
Infosys has entered a long-term collaboration with Knorr-Bremse AG. Infosys will deliver end-to-end managed services across the company’s enterprise application ecosystem for both Rail and Commercial Vehicle divisions, using AI-led capabilities through Infosys Topaz.
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Rupie Speak
Strategic partnership with a global industrial major strengthens Infosys’ position in AI-led enterprise transformation and managed services.
6Behari Lal Engineering makes stellar IPO debut with premium on the BSE
Behari Lal Engineering has listed on the BSE at a strong premium to its issue price of Rs 285. The IPO was subscribed more than 118 times.
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Rupie Speak
Impressive listing debut shows strong investor interest in the company right from day one.
7Lenskart Solutions gains as its JV incorporates step-down subsidiary
Lenskart’s joint venture Baofeng Framekart Technology has incorporated a step-down subsidiary named Wenzhou Framekart Trade Co. in China. The new entity will handle trading, import and export of spectacle frames and optical products.
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Rupie Speak
New China-based subsidiary strengthens the supply chain and procurement capabilities for frames and optical products.
8Shiprocket lists with premium on the BSE
Shiprocket has debuted on the BSE at a solid premium to its issue price of Rs 97. The IPO was subscribed over 102 times.
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Rupie Speak
Strong listing response reflects healthy investor confidence in the logistics and e-commerce enablement platform.
9Sigma Advanced Systems touches roof on bagging Rs 155 crore orders in consortium with Indrajaal
Sigma Advanced Systems, in consortium with Indrajaal, has bagged orders worth Rs 155 crore for the Indrajaal Ranger anti-drone patrol vehicle. The orders include border security and urban police applications for VVIP protection.
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Rupie Speak
Large defence orders for mobile anti-drone systems strengthen the order book and highlight growing demand for counter-UAS solutions.
10ONGC rises on commissioning gas evacuation facilities at Khoraghat GGS-1 in Assam
ONGC has commissioned gas evacuation facilities at Khoraghat GGS-1 in Assam. The facility will process and send surplus associated natural gas into the North East Gas Grid. This will help utilise nearly 1 lakh SCM of gas per day and reduce flaring.
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Rupie Speak
New gas infrastructure improves utilisation of existing production, reduces flaring and supports the gas-based economy in the North-East.
11Interarch Building Solutions gains on winning order worth Rs 128 crore
Interarch Building Solutions has secured an order of around Rs 128 crore for design, manufacturing and erection of a pre-engineered steel building system for a major international FMCG player. The project is for a Homecare/Beauty & Wellness manufacturing facility and will be executed in about 10 months.
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Rupie Speak
Healthy order from a reputed international client adds to the order book and gives good near-term execution visibility.
12Krystal Integrated Services jumps on winning order worth Rs 134 crore
Krystal Integrated Services has received a work order of around Rs 134 crore from Maharashtra State Road Transport Corporation for providing Integrated Facility Management Services in Mumbai and Chhatrapati Sambhaji Nagar regions for three years.
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Rupie Speak
New multi-year facility management contract from a state transport body strengthens the order book and recurring revenue visibility.
13Eicher Motors inches up as its motorcycle division launches Classic 350 Gorkha edition
Royal Enfield has launched the Classic 350 Gorkha Edition in India, inspired by the legacy of the Gorkha Regiment. An exclusive Gorkha apparel and accessories collection has also been introduced alongside the motorcycle.
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Rupie Speak
Special edition launch keeps the Classic 350 range fresh and appeals to customers who value heritage and limited-edition products.
14A B Cotspin India soars on bagging Rs 10.17 crore orders for supply of cotton yarn
A B Cotspin India has received orders aggregating around Rs 10.17 crore from a domestic buyer for supply of cotton yarn. The orders will be executed within 2-3 months.
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Rupie Speak
Fresh yarn orders strengthen the order book and provide better business visibility for the coming quarters.
15Ducon Infratech zooms on bagging order from world's largest aluminium smelter in India
Ducon Infratechnologies has secured an end-to-end contract for supply and service of a Forced Cooling Network system for the potlines at one of the largest aluminium smelter plants in India. Scope includes manufacturing, installation, commissioning and performance guarantee.
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Rupie Speak
Prestigious order from a major aluminium smelter validates technical capabilities and adds to the order book.
16Airfloa Rail Technology jumps on bagging order to supply luggage rack modules for L2CC
Airfloa Rail Technology has received an order from Modern Coach Factory, Lalganj for supply of luggage rack modules for L2CC coaches. Delivery is scheduled by November 2026.
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Rupie Speak
New order from Indian Railways coach factory supports the order book and shows continued traction in rail interior components.
17Denta Water and Infra Solutions trades higher on the BSE
Denta Water and Infra Solutions is supplying six tanks for its flagship Mukkumpi lift irrigation project. The tanks will help pump water from the Tungabhadra river to recharge groundwater and boost irrigation facilities.
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Rupie Speak
Progress on the key irrigation project keeps the company active in water infrastructure work.
18Emerald Finance gains on partnering with Claycove23 Insurance Tech
Emerald Finance has partnered with Claycove23 Insurance Tech to offer its Early-Wage-Access program to the partner’s employees. The product allows employees to access part of their salary in advance during the month.
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Rupie Speak
New partnership expands the salary-advance product reach and helps build the retail lending book.
19Compucom Software rises on bagging work order worth Rs 4.77 crore
Compucom Software has secured a work order of around Rs 4.77 crore from Rajasthan Skill and Livelihoods Development Corporation under the DDU-GKY scheme. The project involves skill training and placement of 350 rural youth over 36 months.
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Rupie Speak
Government skill-development order adds to the order book and supports the company’s presence in the training segment.
20Gas stocks trade higher as government comes out with incentive scheme to boost domestic PNG connections
The Government has approved an incentive scheme to accelerate domestic PNG connections. Eligible CGD companies will get additional lower-priced domestic gas for every new billed PNG connection above a threshold. The scheme starts from September 1, 2026 and is expected to improve the payback period of PNG connections significantly.
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Rupie Speak
Policy support improves economics of domestic PNG expansion and is positive for city gas distribution companies like Mahanagar Gas, Indraprastha Gas and Adani Total Gas.
21Regency Fincorp moves up on raising Rs 60 crore through NCDs
Regency Fincorp has raised Rs 60 crore by allotting listed, secured, rated, redeemable non-convertible debentures on a private placement basis. The NCDs have a tenor of 15 months and carry a coupon of 13.50% per annum.
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Rupie Speak
Successful fund raise through NCDs strengthens the balance sheet and provides resources for business growth.
22DLF gains as its arm inks pact to acquire 26.97% stake in Balang Renewables
DLF’s step-down subsidiary has signed an agreement to acquire around 26.97% equity in Balang Renewables for Rs 4.20 crore. The acquisition is for captive renewable power supply under a Power Purchase Agreement and is expected to be completed within 30 days.
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Rupie Speak
Captive renewable energy stake helps meet green power requirements and supports sustainability goals for DLF’s commercial assets.
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