Archive · 22 Sep 2026
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.
Pine Labs may see Mastercard Asia/Pacific sell its entire 4.3% stake through a block deal at Rs 179.5 per share.
ONGC struck gas in a deepwater well in the Mahanadi Offshore Basin, off Odisha’s coast.
Waaree Energies received an order to supply 2 GW of solar modules during financial years 2026-27 and 2027-28.
GRSE approved a Rs 2,896 crore capital outlay for a greenfield shipyard at Raichak.
Symbiotec Pharmalab’s June-quarter profit fell 53% year over year, while Lumino Industries’ profit rose 32.4%.
- Who
- Pine Labs, ONGC, Waaree Energies, Garden Reach Shipbuilders & Engineers, Symbiotec Pharmalab and other companies featured in the market update.
- What
- The companies reported share-sale plans, gas exploration results, new orders, capital investments, quarterly earnings and fundraising proposals.
- When
- The update includes June 2026 quarter results, April-June 2026 financial data, August operating data and plans for financial years 2026-27 and 2027-28.
- Where
- The developments involve operations in India, including Odisha, Raichak, Chandrapur, Gadchiroli and Barh.
- Why
- The announcements may affect investor attention because they concern earnings, business orders, expansion, fundraising and corporate transactions.
- 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.