News that may have an impact on prices of some stocks today, 15th July, 2025

Sun Pharma’s LEQSELVI now available in US

Sun Pharmaceutical Industries Limited announced that LEQSELVI (deuruxolitinib) 8 mg tablets is now available to healthcare providers and people living with severe alopecia areata in the US. LEQSELVI is indicated for the treatment of adults with severe alopecia areata. Under the terms of the agreement, the parties will seek dismissal of the pending Leqselvi litigation in the United States District Court for the District of New Jersey. The company will also pay Incyte an undisclosed upfront amount, plus ongoing royalty payments until the expiry of the patents, in exchange for the settlement and licence. Alopecia areata is an autoimmune disease in which the immune system attacks hair follicles, resulting in partial or complete loss of hair on the scalp and body.

HCL Tech’s net profit down by 9.7% in June quarter

HCL Tech reported inline revenue with estimates, and net profit was below expectations in Q1FY26. For FY26E, CC revenue growth is expected to be between 3% – 5% YoY revised from 2% -5% YoY, and EBIT margin is expected to be between 17%-18% reduced from 18%-19%. Consolidated revenue grew by 0.3% QoQ and 8.2% YoY to Rs 30,349 crore. US$ Revenue of $3,545M, up 1.3% QoQ & up 5.4% YoY. EBIT de grew by 9.2% QoQ and grew by 3.3% YoY to Rs 4,942 crore. EBIT margin slipped 170 bps QoQ and 80 bps YoY at 17.1%, margin impacted by higher employee costs. Net profit was down by 10.8% QoQ and 9.7% YoY to Rs 3,844 crore in Q1FY26.

Rallis India’s revenue in June quarter up by 22.2%

Overall numbers were better than expectations in the quarter. Revenue for the quarter grew 22.2% YoY at Rs 957 crore as compared to expectation of Rs 893 crore. EBITDA margin improved 340bps YoY at 15.7% as against estimate of 14%. Net profit increased 98% YoY at Rs 95 crore. Other Income was up 140% YoY at Rs 12 crore. Other expenses were down 4.4% YoY at Rs 130 crore. Crop care revenue grew 16.2% YoY at Rs 652 crore. B2B revenue increased 23% while B2C sales grew 13% YoY in the quarter. Seeds revenue surged 38% YoY at Rs 305 crore. EBITDA stood at Rs 80 crore vs. Rs 48 crore, a yeat ago. EPS stood at Rs 4.89 for the quarter and it was at Rs 6.43 for FY25. At CMP, the stock trades at 30x FY27E EPS.

GAIL signs purchase agreement with Vitol Asia

GAIL (India) Ltd has signed a long-term LNG sales and purchase agreement with Vitol Asia Pte. Ltd for the annual supply of approximately 1 million metric tons per annum (MMTPA) of liquefied natural gas over a 10-year period, starting in 2026. Under the agreement, Vitol will deliver LNG to GAIL from its global portfolio.

Power Mech Projects gets new order of Rs 498.39 crore

Company has received an order worth Rs. 498.39 cr order from SJVN Thermal (P) Ltd. (STPL) for Commissioning Support & Comprehensive Operation and Maintenance Contract of Coal Based Supercritical Buxar Thermal Power Project (BTPP) (2 x 660 MW) at Chausa, DisttBuxar, Bihar; Company also secured a Rs.52.96 cr order from Jhabua Power Limited (A Joint Venture of NTPC Limited) for Operation and Maintenance of Boiler, Turbine and Generator of 1*600 MW unit of Jhabua Power Limited situated at Madhya Pradesh.

Shakti Pumps invests Rs 12 crore in subsidiary

Company announced that it has invested Rs 12 crore in its wholly owned subsidiary, Shakti Energy Solutions (SESL), to support its expansion into solar cell and module manufacturing.

Ahluwalia Contracts gets new order of Rs 2,089 crore

Company has received a residential housing project order worth Rs 2,089 crore from DLF Ltd. for the ‘Dahlias’ DLF5 in Gurugram, according to an exchange filing on Monday. The time period is 44 months for the execution of the order for civil and structure works, including rough finishing.

RVNL gets new contract from DMRC

RVNL has received a Letter of Award (LOA) from Delhi Metro Rail Corporation Limited (DMRC) for a project under the Delhi MRTS Phase-IV. The total value of the contract is Rs 447.42 crore, inclusive of 18% GST, and the execution timeline is 36 months.

Tejas Networks posts Rs 193.9 crore loss in June quarter

Tejas Networks Ltd reported a sharp reversal in its financial performance for the June quarter, swinging to a consolidated net loss of Rs 193.9 crore in Q1 FY26 from a net profit of Rs 77.5 crore in the year-ago period. Revenue plunged 87% year-on-year to Rs 211 crore from Rs 1,563 crore in Q1 FY25, and dropped 89% sequentially. EBITDA loss stood at Rs 126.6 crore vs. a positive Rs 230 crore last year. Cash position at end of Q1FY26 was at Rs 545 crore. Borrowings stood at Rs 3,990 crore for working capital purposes and for capex investments.

Nelco’s net profit in June quarter down by 60%

For the June quarter, Nelco’s revenue remained flat in comparison to the same quarter last year, at Rs 74 crore. EBITDA fell 36% on a year-on-year basis to Rs 7.8 crore. Operating margin for the quarter also narrowed to 10.4% from 16.5% from the same quarter last year. Net profit for the quarter declined 60% to Rs 1.8 crore from Rs 4.5 crore last year.

RailTel gets new order of Rs 264 crore

RailTel Corporation said it has received a work order worth Rs 264 crore from East Central Railway for the implementation of the Kavach system, the indigenous Train Collision Avoidance System (TCAS). The project is scheduled for completion by July 14, 2027.

M&M, Uno Minda say they have no collaboration plans

Both the companies have clarified that they have no ongoing discussions or collaboration plans with parts supplier. They have issued a clarification to stock exchanges denying reports about potential collaboration with each other for rare earth production.

Tata Tech’s profit up by Rs 170 crore

The company reported 5.1% rise in its consolidated net profit to Rs 170 crore, while sequentially, net profit declined by 9.8%. Consolidated revenue from operations declined both sequentially and year-on-year, falling 3.2 per cent QoQ and 1.9 per cent YoY to Rs 1,244 crore, as the company reported weak performance across its core segments.

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Source: HDFC Securities Prime Research