4 hrs ago

Indian Stocks in Focus After Earnings, Orders and Deals

Several Indian companies had important updates for investors.

Pine Labs may have a large shareholder sell its stake in a block trade.

ONGC found gas beneath the sea near Odisha.

Waaree Energies received a large order to supply solar panels.

GRSE approved money to build a new shipyard.

Symbiotec Pharmalab earned less profit than a year earlier.

Lumino Industries earned more profit and increased its revenue.

Pace Digitek won a large battery-storage project order.

Other companies announced investments, fundraising plans, or changes in business volumes.

Key facts

Pine Labs: Mastercard Asia/Pacific is reportedly planning to sell 4.97 crore shares, or a 4.3% stake, at a floor price of Rs 179.5 per share.
ONGC: Gas was struck at the MN-DW18-1-H-D deepwater well in the Mahanadi Offshore Basin at a depth interval of 1,441-1,452 metres.
Waaree Energies: Received an order for 2 GW of solar modules for supply in financial years 2026-27 and 2027-28.
GRSE: Approved a Rs 2,896 crore capital budget for a greenfield shipyard at Raichak.
Pace Digitek: Its subsidiary Lineage Power secured a Rs 488.46 crore order from NTPC GE Power Services for a battery energy storage project.
Symbiotec Pharmalab: June-quarter net profit declined 53% year over year to Rs 14.1 crore, while revenue rose 7.4% to Rs 218.2 crore.
Lumino Industries: June-quarter net profit increased 32.4% year over year to Rs 40.2 crore, with revenue rising 19.3% to Rs 521.4 crore.

businesstoday.in · 7 hrs ago