News that may have an impact on prices of some stocks today, 12th August, 2025

ICIC Lombard, M&M Financial Services join hands for distribution of motor insurance products

ICICI Lombard General Insurance has joined hands with Mahindra & Mahindra Financial Services to distribute motor insurance products to its customers. This collaboration aims to provide accessible, tailored insurance solutions by combining Mahindra Finance’s extensive rural and semi-urban reach with ICICI Lombard’s expertise in motor insurance.

L&T gets ultra-mega contract from Adani Power

Company has secured an ultra-mega contract from Adani Power to set up eight state-of-the-art thermal power units, each with a capacity of 800 MW, totaling 6,400 MW of new generation capacity. The order will be executed by L&T Energy CarbonLite Solutions (LTECLS), the company’s specialized business vertical for advanced power and lowcarbon technologies.

Ipca Laboratories’ profit in June quarter up by 21.3%

Overall numbers were lower than expectations in the quarter. Revenue for the quarter grew 10.3% YoY at Rs 2309cr as against estimate of Rs 2333cr. Operating margin contracted 75bps YoY at 18% as against expectation of 19%. Net profit was up 21.3% YoY at Rs 233.2cr. Other Income increased 59% YoY at Rs 32.7cr. Domestic formulation sales grew 10% YoY at Rs 961cr. International formulations revenue increased 13.8% YoY at Rs 450cr. API sales were up 13% at Rs 326cr. Subsidiaries revenue grew 7% YoY at Rs 562cr. EPS for the quarter stood at Rs 9.2 and it was at Rs 29.1 for FY25. At CMP, the stock trades at 25.5x FY27E EPS.

Praj Industries’ consolidated profit down by 94% in June quarter

Praj Industries reported a 94% fall in its Q1 consolidated net profit at Rs 5 crore versus Rs. 84 crore in the year ago period. Praj Industries’s revenue from operations stood at Rs 640 crore, down 8% from Rs 699 crore reported in the corresponding quarter of FY25. Its margin decreased to 5% from 13% across periods.

Bata India’s adjusted profit up by 29.6% in June quarter

Bata India results were below expectations in Q1FY26. However, the company is optimistic about consumption recovery towards balance of this year, backed by strong market positioning and wide network while maintaining strong focus on cost efficiencies. Its consolidated revenue was down by 0.3% YoY to Rs 942 crore vs. expectations of Rs 973 crore in Q1FY26, and revenue was down due to demand headwinds. The company’s EBITDA stood at Rs 199 crore vs. Rs 157 crore in Q1FY25. EBITDA margin ramped up by 450 YoY basis to 21.1% in Q1FY26. The company’s net profit (adj) grew 29.6% YoY to Rs 52 crore in Q1FY26 vs. the expectations of Rs 68 crore. Net Profit margin stood at 8.4% vs. 7.4% in Q1FY25. Revenue/EBITDA/Net profit grew -5.6%/+15.7%/+13.8% on QoQ basis, respectively.

ONGC planning to invest over Rs 4,600 crore in Andhra Pradesh

ONGC plans to invest over Rs 4,600 crore in Andhra Pradesh’s Konaseema District for oil and gas development, including drilling wells and establishing processing facilities. The project requires environmental clearance, with the EAC requesting a biodiversity assessment and restoration plan. This initiative is expected to create direct and indirect employment opportunities.

Insecticides (India) launches SPARCLE

The Company announced the launch of SPARCLE in collaboration with Corteva Agriscience, a global leader in agricultural innovation. SPARCLE is a broad-spectrum insecticide which aims to address brown plant hopper (BPH) and improve rice yields.

Sansera Engineering’s profit in June quarter up by 25.5%

Sansera Engineering reported a consolidated net profit of Rs 62 crore for the quarter, marking a 25.5% YoY increase. The improvement in profitability came on the back of steady demand and operational efficiency, even as revenue growth remained modest at 3% to Rs 766 crore. EBITDA grew 3.7% YoY to Rs 132 crore, while operating margins held steady at 17.2% against 17.1% a year earlier.

Ashoka Buildcon posts Rs 30.6 crore profit in June quarter

Standalone revenue stood at Rs 1,339.1 crore declining 30% YoY from Rs. 1,900.8 for Q1FY25. EBITDA was up by 4% YoY to Rs 150.7 crore and EBITDA margin stood at 11.3% in Q1FY26 vs. 7.6% in Q1FY25. Net profit stood at Rs 30.6 crore in Q1FY26 vs. Rs 40.8 crore in Q1FY25 (-25% YoY). The Debt on a Standalone basis is Rs. 1,652 Crores.

Pfizer launches new vaccine for adults in India

Pfizer has announced the launch of its next-generation 20-valent Pneumococcal Polysaccharide Conjugate Vaccine (Adsorbed) I.P., 20 – Valent (PCV20) for adults in India. It is approved for use in adults 18 years of age and older, Pfizer’s vaccine protects against more serotypes of pneumococcal disease than any other conjugate vaccine previously available in India.

HLE Glascoat profit up by 335% in June quarter

Revenue for the quarter grew 25% YoY at Rs 284 crore. EBITDA increased 72% YoY at Rs 37.6 crore. Net profit was up 335% YoY at Rs 14.8 crore. Company has order book of Rs 739 crore as of June2025. EPS for the quarter stood at Rs 2.62 and it was at Rs 9.05 for FY25.

J G Chemicals profit up by 3.8% in June quarter

Revenue for the quarter grew 7.7% YoY at Rs 218 crore. EBITDA was down 11.5% YoY at Rs 19.8 crore. Net profit was up 3.8% YoY at Rs 15.8 crore. Other Income increased 641% YoY at Rs 3.4 crore. The expansion project at Dahej, Gujarat is a part of its geographic diversification into Western India. The project will focus on a wide variety of zinc chemicals (zinc oxides, zinc sulphates and other highperformance zinc chemicals) and is expected to increase capacity by 40,000 MT per annum. The existing installed capacity for zinc chemicals is 69,984 MT per annum. This project is expected to add Rs 900 crore to the company’s revenue. It would do a capex of Rs 100 crore for the expansion, through internal accruals. EPS for the quarter stood at Rs 4.03 and it was at Rs 16.34 for FY25. At CMP, the stock trades at 24.5x FY26E EPS.

Promoter entity likely to sell up to 4% stake in Medi Assist

Promoter entity Bessemer India is likely to sell up to 4% stake in insurance-tech company through block deals. The offer size is estimated at Rs 560 crore, with a floor price set at Rs 507 per share, the sources added. The floor price represents a discount of 4% to the company’s current market price.

Enviro Infra posts Rs 42.5 crore profit in June quarter

Revenue stood at Rs 240.9 crore rising 17.4% YoY from Rs. 205.2 for Q1FY25. Net profit stood at Rs 42.5 crore in Q1FY26 vs. Rs 29.9 crore in Q1FY25 (42% YoY).

KNR Constructions’ profit at Rs 51.3 crore in June quarter

Standalone revenue stood at Rs 483.3 crore declining 45% YoY from Rs. 880.2 for Q1FY25. EBITDA was down by 67.3% YoY to Rs 65.6 crore and EBITDA margin stood at 13.6% in Q1FY26 vs. 22.8% in Q1FY25. Net profit stood at Rs 51.3 crore in Q1FY26 vs. Rs 133.9 crore in Q1FY25 (-62% YoY).

Goldiam International’s profit in June quarter up by 53%

Goldiam International Ltd’s Q1 FY26 Consolidated Revenue came in at Rs 235.7 cr, up by 39% Y-o-Y and 17% Q-o-Q. Deepening customer penetration & lab grown diamond acceptance among end customers, drove all time high Q1 Sales & Q1 Profitability, despite tariff headwinds. Lab-grown diamond jewellery contributed 87.8% to Q1 FY26 revenue, online revenue for Q1 FY26 at 19.9%. . EBITDA for Q1 at Rs 47.1 cr, n increased by 37.8% Y-o-Y and 19% Q-o-Q. EBIDTA margin for Q1 remained steady at 20%. PAT for Q1 FY26 at Rs 33.6 cr grew by 53% Y-o-Y; and 45% Q-o-Q.

IHCL to acquire ANK Hotels, Pride Hospitality

IHCL announced that its board of directors and a duly constituted committee have approved the acquisition of controlling stakes in two hospitality firms — ANK Hotels Private Limited and Pride Hospitality Private Limited — for a combined amount of up to Rs 204 crore. IHCL has executed a share subscription and purchase agreement and a shareholders’ agreement to acquire around 51% equity stake in ANK Hotels Private Limited for an amount not exceeding Rs 110 crore.

Tilaknagar Industries’ profit up by 121.25% in June quarter

Indian-Made Foreign Liquor (IMFL) manufacturer reported a 121.25% jump in net profit at Rs 88.5 crore for the first quarter of FY26. This is against a net profit of Rs 40 crore in the year-ago period. Revenue from operations jumped 30.7% to Rs 409 crore from Rs 313 crore year-on-year. At the operating level, EBITDA zoomed 89% to Rs 94.5 crore in the first quarter over Rs 50 crore last year. The EBITDA margin widened 700 bps to 23.1% compared to 16% in Q1FY25.

Rainbow Children’s Hospital acquires Pratiksha Hospitals

Rainbow Children’s Hospital announced the acquisition of majority stake in Pratiksha Hospital. The transaction is valued at ~Rs 171 crore for a majority stake in Pratiksha Hospital, a 150-bed facility, with 100 operational beds, remaining 50 beds will be operational in next 6 months post renovation. It will acquire a 76% controlling stake, while Dr. Sharma & his family will retain the balance share in Pratiksha Hospital. Pratiksha Women & Child Care Hospital Private Limited has registered office at VIP Road, Barbari, Hengrabari, Kamrup, GMC, Assam, India. It is a NABH-accredited hospital offering a full spectrum of services, including Infertility, obstetrics, gynecology, laparoscopic surgeries, neonatology, pediatrics and pediatric critical care.

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Source: HDFC Securities Prime Research