News Highly Sensitive to Stock Price: Jan 12

Globus Spirits

Net revenue for the quarter grew 19% YoY at Rs 716.4 crore. EBITDA margin was higher by ~500bps YoY at 11% on strong improvement in gross margin. Net profit surged YoY to Rs 31.4 crore.

NIIT MTS

NIIT Learning Systems Limited (NIIT MTS) announced that it has acquired 100% of SweetRush, Inc., a leader in AI enabled custom learning experience design and strategic training interventions for Fortune 1000 enterprises, professional associations and not-for-profit organizations. The acquisition has been completed through NIIT MTS’ wholly owned subsidiary, NIIT (USA), Inc., for an aggregate consideration of up to US$ 26 million, including annual performance-based earnouts over the next five years, subject to certain customary adjustments in accordance with the definitive agreements. The estimated consolidated revenue for the financial year ended December, 2025 at US$ 22.4 million.

Lemon Tree

Lemon Tree Hotels has approved a strategic reorganisationn of its business and a fresh investment by global private equity firm Warburg Pincus in its subsidiary Fleur Hotels. Board has also cleared a strategic reorganisation under which Fleur Hotels will be listed separately, while Lemon Tree transitions into a pure-play, asset-light hotel management and brand platform. Fleur will become the group’s exclusive hotel asset ownership and development company. Lemon Tree board has approved Warburg Pincus’ acquisition of 41.09 % stake of APG Strategic Real Estate Pool NV in its subsidiary Fleur Hotels and an investment of Rs 960 crore in tranches

Dr. Reddy’s Labs

Following the earlier intimation dated September 13, 2025 regarding the Pre-Approval Inspection (PAI) by US FDA at biologics manufacturing facility in Bachupally, Hyderabad, the company received a Post- Application Action Letter (PAAL) from the US FDA in relation to the response submitted.

Advait Energy

Company has received bid confirmation for L1 stage – Successful bidder- Supply, Installation, Testing And Commissioning Of 11 KV Medium Voltage Covered Conductor (Mvcc) under RDSS Scheme from PASCHIM GUJARAT VIJ COMPANY LIMITED (PGVCL) RDSS Tender for following five different areas a. For Morbi: Rs 55.14 crore (including taxes) b. For Bhavnagar: Rs 53.83 crore c. For Rajkot Rural Circle: Rs 54.08 crore d. For Amreli : Rs 44.48 crore e. For Surendranagar at Rs 37.78 crore (including taxes).

Sun Pharma Advanced (SPARC)

Board will meet to consider and evaluate to approve the proposal for raising funds through a preferential issue of securities, including convertible warrants, to an identified member of the promoter group of the Company. It will also consider to approve the Employee Stock Option Scheme in terms of Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity).

Ellenbarrie Ind. Gases

Company has signed the Power Delivery and Offtake Agreement with Pattikonda Renewables Private Limited (Captive Generating Company). It will subscribe shares in the Producer minimum 26% by investing approximately Rs 7.08 crore in one or more tranches. The producer would establish Wind Solar Hybrid Power Generation Facility with a 6 MW capacity in Ananthapur district, Andhra Pradesh.

Vodafone Idea

Vodafone Idea has secured a significant 10-year relief on its adjusted gross revenue dues. The company will now repay these liabilities over 16 years until 2041. Vodafone Idea’s adjusted gross revenue dues from FY 2006-07 to FY 2018-19 will be frozen from December 31, 2025. The company will pay a maximum of Rs. 124 crore annually until March 2031, followed by Rs. 100 crore annually until March 2035. Remaining dues will be paid in equal installments from March 2036 to March 2041. This move provides crucial cash flow support, aiding Vi in its efforts to raise fresh funding and enhance network capabilities.

Spandana Sphoorty

Spandana Sphoorty Financial said its board is evaluating the merger of Criss Financial Ltd, a subsidiary, into the parent company.

IREDA

Revenue for the quarter grew 25% YoY at Rs 2130 crore. Impairment on financial instruments stood at Rs 129 crore vs. Rs 104 crore. Net profit was up 38% YoY at Rs 585 crore. Outstanding loans were at Rs 87,975 crore vs. Rs 76,300 crore as of March-2025.

S Chand & Co

New Saraswati House (India) Private Limited (NSHIPL), a wholly owned subsidiary of the Company, has executed a Framework Agreement, Share Purchase Agreement (SPA) and other definitive documents for the acquisition of 100% ownership in CPD Singapore Education Services Pte. Limited. The acquisition is structured to be completed in two tranches for a value of SGD 1,500,000 or ~Rs 11 crore, subject to the terms and conditions as set out in the aforesaid agreements and documents.

PTC Industries

PTC Industries announced that its wholly owned subsidiary, Aerolloy Technologies, has won a development and supply order from Blue Origin for large superalloy investment castings for the BE-4 Engines used on the New Glenn rocket. The order involves the manufacture and supply of high-integrity superalloy investment castings for Blue Origins heavy-lift orbital launch vehicle. The contract was awarded following the successful completion of extensive qualification processes and applicable international regulatory and compliance requirements.

Mahindra & Mahindra

Mahindra & Mahindra’s December business update showed total sales volumes rising 27% year-on-year to 85,501 units, while production increased 25.4%. However, export volumes declined 9.3% during the same period.

Beta Drugs

Beta Drugs Limited has entered into a definitive agreement to acquire a 66.09% stake in Nivian Lifesciences Private Limited for Rs 69.4 crores, thereby valuing the Company at Rs 105 crores. Nivian is an engaged branded formulations business in India with focus on the In-Vitro Fertilisation (IVF) therapy and is among the fastest growing companies in this segment. For the 9M ended Dec’25, the Company clocked net sales of Rs 30.30 crores and is expected to close FY26 at ~Rs 43 crores.

DMart

The company’s net profit for the quarter ended December rose 17% year-on-year to Rs 856 crore, as compared with Rs 733 crore in the corresponding period last year. Revenue from operations increased 13.3% year-on-year to Rs 18,101 crore

ITC

ITC has received a Letter of Allotment from the India International Convention & Expo Centre (IICC) for leasehold land in New Delhi, valued at Rs 326.50 crore, marking a strategic addition to its hospitality and services footprint.

Embassy Development

Embassy Development reported pre-sales of Rs 1,392 crore for the quarter, while collections rose 15% quarter-on-quarter to Rs 415 crore, reflecting steady demand momentum across its residential and commercial real estate portfolio.

Ashiana Housing

Ashiana Housing reported area booked at 5.56 lakh square feet in Q3, compared with 6.77 lakh square feet a year earlier. The value of area sold declined to Rs 401.07 crore from Rs 454.16 crore year-on year.

Phoenix Mills

The company’s retail portfolio consumption stood at about Rs 4,787 crore in Q3 FY26, marking a 20% year-on-year increase, while consumption for the nine-month period rose 15% year-on-year to around Rs 12,122 crore.

SignatureGlobal

The real estate company released a business update for the October-December 2025 quarter. Sales bookings declined 27 percent year-on-year to Rs 2,020 crore. The company sold 408 units, compared to 1,518 units in the same period last year. Sales during this period are typically strong due to festive demand.

NMDC

NMDC Ltd. Announces the fixed prices for iron ore effective January 9,2026; Baila Lump at Rs.4600 per ton and Baila Fines at Rs.3,900 per ton.

JSW Steel

JSW Steel reports a quarterly crude steel production of 7.48 million tonnes for Q3FY26, reflecting a 6% year-over-year increase. The capacity utilization for Indian operations stands at 85%, impacted by the ongoing upgrade of Blast Furnace 3 at Vijayanagar, expected to be completed by the end of Q4 FY26.

Fab Tech Cleanrooms

During December 2025, the Company secured consolidated orders worth Rs 75.51 crore. From a business vertical standpoint, Rs 17.34 crore was contributed by Cleanroom Partitions and Rs 58.17 crore by HVAC Systems. As of December 2025, consolidated order book stands at Rs 257.17 crore. Orders under active consideration at Rs 454.5 crore, with major opportunities in Pharma (Rs 197.37 crore), Renewable Energy (Rs 185.07 crore), Semiconductors (Rs 51.64 crore).

Vedanta

Vedanta Ltd. Announces that the NCLT has approved the scheme of Arrangement involving Vedanta Ltd., Vedanta Aluminium Metal Ltd.,Talwandi Sabo Power Ltd., Malco Energy Ltd., and Vedanta Iron and Steel Ltd.

TCS Q3FY26 Result Preview

In rupee terms, TCS Ltd is likely to report 1.3% QoQ and 4.2% YoY to Rs 66,642 crore. In US$ terms, revenue could rise by 0.2% QoQ and it could fall by 0.8% YoY to US$7,479 mn in Q3FY26. Net profit could rise by 1.5% QoQ and 6.1% YoY to Rs 13,133 crore in Q3FY26. EBIT margin could inch up by 10 bps QoQ and increase by 80 bps YoY to 25.2%. The management may comment on demand environment in the US, updates on BFSI, Technology & Services verticals, TCV (Total Contract Value) including AI, data analytics, and, status of BSNL deal, margins outlook, and update on allotment of H-1B visa.

HCL Tech Q3FY26 Result Preview

HCL Tech is likely to report 3.3% QoQ and 10.3% YoY revenue growth to Rs 32,981 crore in INR terms. In USD terms, revenue could rise by 1.7% QoQ and 4.9% YoY to US$3,706 mn in Q3FY26. Net profit is likely to grow by 16.1% QoQ and 7.1% YoY to Rs 4,915 crore in Q3FY26. EBIT margin could increase by 50 bps QoQ and it could decrease by 160 bps YoY to 17.9% in the quarter. The company is likely to comment on the tech spending environment, specifically in the BFSI & ER&D segments, the macro demand environment, and the deal pipeline. Margin outlook and hiring guidance are the other aspects to watch out for

Source: HSL Prime Daily, 12 Jan 2026

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