Bazar Ki Khabar @Official

KRANTI INDUSTRIES Q1 CONCALL ; EXPECTS DOUBLE-DIGIT FY27 GROWTH, BETTER CAPACITY UTILISATION TO SUPPORT MARGINS 📈 FY27 Outlook: Management remains cautiously optimistic and expects to continue its double-digit growth trajectory, supported by healthy customer demand. 🇮🇳 Make in India Opportunity: Increasing OEM focus on localisation and domestic supply chains is expected to create new business opportunities. 🎯 Selective Growth: Company will pursue new opportunities based on commercial viability and return on capital, rather than chasing growth aggressively. 🏭 Capacity Utilisation: Priority is to better utilise existing manufacturing infrastructure instead of undertaking significant new capex. 💰 Margin Outlook: Higher volumes and improved utilisation could drive better fixed-cost absorption and margin improvement. ⚙️ Cost Control: Management will closely monitor employee costs, finance costs and other fixed expenses to ensure revenue growth translates into stronger earnings.

XTGLOBAL INFOTECH Q1 CONCALL ; TARGETS MARGIN-LED GROWTH, EXPANDS US PUBLIC SECTOR & INTERNATIONAL MARKETS 📈 Revenue Outlook: Modest consolidated growth reflects a strategic shift towards offshore delivery, which lowers reported revenue but improves margins. 💰 Margins: Management is confident of sustaining the improved 7.6% EBITDA margin, supported by higher-margin offshore work and recurring revenues. 🇺🇸 US Growth: Newly accessed US public-sector market is expected to be a key growth driver, leveraging the company’s AI and cloud capabilities to target government contracts. 🌍 International Expansion: Targeting $1 million revenue each from Australia and Ireland over the next year. 🇪🇺 Europe Strategy: Ireland will serve as a strategic base for further expansion into the broader European market. 🔄 Recurring Revenue: F&A services contribute around 14% of revenue, while the proprietary AP automation product contributes around 25%, providing recurring and higher-margin business. 🤖 High-Margin Verticals: F&A services and the AP automation product are among the company’s highest-margin offerings.

ALLCARGO GLOBAL Q1 CONCALL ; EXPECTS GLOBAL ENVIRONMENT TO REMAIN FLAT, FOCUSES ON MARKET SHARE GAINS & COST CONTROL 🌍 Business Outlook: Management assumes a flattish global economic and geopolitical environment for the next 12 months, without relying on a meaningful recovery. 📦 Volume Outlook: Expects a marginal seasonal improvement in volumes ahead of Christmas, followed by the usual slowdown around Chinese New Year. 📈 Market Share: Key priority remains gaining market share even in a subdued global freight environment. ⚙️ Operational Efficiency: Focus on improving container utilisation, procurement/contracts and overall operating efficiency to support profitability. 💰 Cost Control: Management intends to keep staff and administrative costs broadly flat in US dollar terms. 🚀 Operating Leverage: If volumes increase while the cost base remains controlled, management expects a compounding positive impact on profitability. 🌐 Economic Recovery: Allcargo's extensive global network positions it to benefit from any recovery, but no such recovery is assumed in its base-case strategy.

RISHABH INSTRUMENTS Q1 CONCALL ; GUIDES ~20% REVENUE GROWTH & 20–22% EBITDA MARGIN, SOLAR INVERTER BUSINESS TARGETS MAJOR FY28 RAMP-UP 📈 FY27 Guidance: Management reiterated approximately 20% revenue growth for the full year. 💰 Margins: Core EI business expected to maintain 20–22% EBITDA margin; management remains conservative despite strong Q1 performance. 🏭 Lumel Alucast: Die-casting business targeted to achieve adjusted EBITDA break-even by end-FY27, followed by a return to double-digit EBITDA margins over the medium term. ☀️ Solar Inverters FY27: Revenue expected to increase to around ₹24–25 Cr, versus roughly ₹8–9 Cr last year. 🚀 Solar Inverters FY28: Management targets a significant ramp-up to around ₹250–300 Cr revenue, positioning the segment as a major future growth driver. 🌍 Management highlighted seasonality in European and Indian markets and aims to outperform its stated FY27 guidance through execution. 👥 ESOP Costs: Expenses will continue for the next 3 years due to additional grants, although management expects the cost to be lower than previous periods.

TRANSPACT ; JENISHA JAYESH MEHTA, 2,000 SHARES SOLD 🔴 AT ₹96.00 ... ENJORA VENTURES LLP, 2,000 SHARES BOUGHT 🟢 AT ₹96.00

ALPEX SOLAR Q1 CONCALL ;CO TARGETS ~₹4,000 CR FY28 REVENUE; CELL BUSINESS SEEN AT 35–40% EBITDA MARGIN ☀️ H2 FY27 Outlook: Expects around 1 GW solar cell production over six months, which after conversion into modules could generate approximately ₹1,700 crore revenue. 🚀 FY28 Guidance: With the 2.2 GW cell manufacturing line operating at full capacity, management sees potential revenue of around ₹4,000 crore. 💰 Cell Margins: Cell manufacturing expected to deliver strong 35–40% EBITDA margins and 20–25% PAT margins. 📈 High-margin cell operations are expected to offset potential pressure in the standalone module business and support overall profitability. 🌾 KUSUM Opportunity: Targets around ₹500 crore revenue/orders from KUSUM in FY27, with approximately ₹350 crore orders already secured. 🏭 Capacity: Current module capacity stands at 2.4 GW; another 300–400 MW can be added relatively quickly through equipment upgrades. 🔧 Decision on a larger module capacity expansion is expected around September 2027.

R.P.P. INFRA PROJECTS ; YAGAVI NA, 8,95,286 SHARES (1.81% EQUITY) SOLD 🔴AT ₹58.68 ... DIVA PROJECTS PRIVATE LIMITED, 8,51,430 SHARES (1.72% EQUITY) BOUGHT🟢 AT ₹58.67

BAAZAR STYLE RETAIL ; PROMOTER BHAGWAN PRASAD, 15,00,000 SHARES (1.97% EQUITY) SOLD🔴 AT ₹362.00 ... PROMOTER SIDHARTH SURANA, 9,00,000 SHARES (1.18% EQUITY) SOLD🔴 AT ₹362.00 ... PROMOTER SHREYANS SURANA, 21,00,000 SHARES (2.76% EQUITY) SOLD 🔴 AT ₹362.00 ... CUPID PROMOTER ADITYA KUMAR HALWASIYA, 45,00,000 SHARES (5.91% EQUITY) BOUGHT 🟢AT ₹362.00

INDIA DAYBOOK – STOCKS IN NEWS 18 August 2026 POSITIVE NEWS - Nelco: Strategic partnership with Elveo; $20M satellite connectivity investment - DCX Systems: ₹15.19 Cr orders + ₹3.09 Cr export orders - Piccadily Agro Industries: BSE/NSE no-objection for proposed demerger - Lloyds Engineering Works: Alpar Ingeneria partnership; SISCOOL acquisition completed - GMR Airports: Visakhapatnam International Airport operations commence - UltraTech Cement: New MD & Director appointed - CRISIL: AAA/Stable rating reaffirmed - PNB Housing Finance: Approval to raise up to ₹10,000 Cr via NCDs - Man Infraconstruction: MICL Properties stake increased to 50% - IIFL Finance: Fitch rating upgraded to BB-/Stable - Amber Enterprises: Subsidiary bonus issue; stake maintained at 89.71% - KPI Green Energy: Emerges 130 MW solar capacity - Manappuram Finance: ₹850 Cr subordinated NCD allotment - Bank of Baroda: Fitch BBB- rating on new senior notes - Venus Pipes: 6.1 MW solar unit commissioned; ₹6 Cr annual savings - Sigma Advanced Systems: ₹155 Cr anti-drone orders - SEDEMAC Mechatronics: Rating upgraded to IND A/Stable - Highway Infrastructure: ₹80.17 Cr NHAI contract - Protean eGov Technologies: ₹5.99 Cr government contract - Varun Beverages: Twizza merger completed - Oberoi Realty: Gurugram project restrictions lifted - Jyoti CNC: 5th ECMS tranche announced - Syrma SGS: 5th ECMS tranche announced - Centum Electronics: 5th ECMS tranche announced - ONGC: Brent above $90/bbl supports upstream realisations - Oil India: Brent above $90/bbl supports upstream realisations - Leap India: Singapore government entity buys shares - INDO-MIM: Strong Q1 profit and EBITDA growth NEGATIVE NEWS - Paytm: Potential sale of up to 4.98% stake via block deal - Ceigall India: ₹330.84 Cr tender cancelled - Baazar Style Retail: One Style Bazaar store closed - OMCs: Brent above $90/bbl raises input costs - Paint Stocks: Higher crude prices may pressure margins - Aviation Stocks: Higher crude increases ATF/fuel costs - SPR Auto Technologies: ₹1,000 Cr QIP may create dilution overhang - Netweb Technologies: ~₹1,200 Cr QIP may create dilution overhang

Japan 30 year treasury bond crosses 4% US 30 year Treasury at 5.31%. This will be catastrophic for both economies. Only the bond markets can make politicians and policy makers mend their ways.. More QE coming and hopefully a middle path on ending the Iran stalemate..

MAJOR ORDER WINS | AUGUST 17, 2026 AEROSPACE & DEFENCE - Apollo — ₹80.84 Cr aerospace & defence orders. - BaluForge — Major defence contract secured. - DCX India — ₹18.28 Cr defence orders. - Digilogic — ₹3.91 Cr Defence & PSU orders. INFRASTRUCTURE & EPC - L&T — ₹15,000 Cr ultra-mega Middle East project. - Highway Infrastructure — ₹80.17 Cr NHAI contract. - EMS Ltd — ₹129.8 Cr Jodhpur sewage project. - Om Infra — ₹29.01 Cr water scheme order. SOLAR & ENERGY - Ahasolar — BESS & solar work orders. DIGITAL & TELECOM - Protean eGov — ₹5.99 Cr Arunachal registry contract. CABLE & POWER - Sharika — ₹1.78 Cr LS Cable India order.

WHERE'S THE ALPHA? | POSITIVE STOCKS ECMS BENEFICIARIES - Jyoti CNC — 5th ECMS tranche announced. - Syrma SGS — 5th ECMS tranche announced. - Centum Electronics — 5th ECMS tranche announced. STRATEGIC / GROWTH - Nelco — Strategic partnership with Elveo. - SPR Auto Technologies — ₹1,000 Cr QIP launched. - Netweb Technologies — ₹1,200 Cr QIP launched. - SEDEMAC Mechatronics — Ratings upgraded. - Sigma Advanced Systems — ₹155 Cr anti-drone order. - Leap India — Singapore Government bought 22 lakh shares. - Lloyds Engineering Works — Partnership with Alpar Ingegneria, Italy.

STOCKS WATCHLIST | POSITIVE / NEGATIVE POSITIVE - Jyoti CNC, Syrma SGS, Centum Electronics — 5th ECMS tranche announced. - ONGC, Oil India — Brent crude above $90/bbl. - Nelco — Strategic partnership with Elveo. - SPR Auto Technologies — ₹1,000 Cr QIP launched. - Netweb Technologies — ₹1,200 Cr QIP launched. - IIFL Finance, SEDEMAC Mechatronics — Ratings upgrade. - Sigma Advanced Systems — ₹155 Cr anti-drone order. - Oberoi Realty — Legal relief for Gurugram project. - Leap India — Singapore Government bought 22 lakh shares. - Lloyds Engineering Works — Partnership with Italy's Alpar Ingegneria. NEGATIVES - Paytm — Resilient to sell up to 4.98% stake. - Paint, Aviation, OMCs — Oil extends gains. - Ceigall India — ₹331 Cr tender cancellation.

GIFTNifty is lower, indicating a gap-down start for the Indian market. Crude is back above $90/bbl after Trump threatens to bomb Oman if they intrude

JIO | ₹300 PRIME MEMBERSHIP WITH 1 YEAR PRICE LOCK Membership Details - Jio Prime membership costs ₹300 one time - Eligible plan prices locked for one year - Price lock valid until September 5 2027 - Available for eligible existing users - New users can also access membership Additional Benefits - ₹300 cashback vouchers on new Jio SIM - Cashback available on JioHome or JioPC connections - Priority customer support included - Early access to new products Key Takeaway - One time ₹300 fee locks eligible prices - Offers additional benefits for Jio customers

ORDER WIN POST MARKET HOURS SIGMA ADVANCED SYSTEMS — Indrajaal–Sigma consortium secured ₹155 Cr order from the Ministry of Home Affairs for anti-drone patrol vehicles. MODI NATURALS — Subsidiary Modi Biotech received additional ₹140 Cr ethanol allocation/order from OMCs; total ethanol order book rises to ~₹540 Cr. HIGHWAY INFRASTRUCTURE — Received ₹80.17 Cr NHAI LoA for user-fee collection at Palayam Fee Plaza, Tamil Nadu; execution period 90 days. OM INFRA — Received ₹29.01 Cr supplementary order from UP Jal Nigam (Rural) for repair plus 3-year O&M of 306 solar/RO/mini-water-supply units in Unnao under Jal Jeevan Mission. HAPPY SQUARE OUTSOURCING SERVICES (WHITE FORCE) — Received ₹1.95 Cr work order from BPCL. EMS LTD — Emerged L1 for ₹129.80 Cr Jodhpur Municipal Corporation sewerage project. Note: L1 only, not a final order yet.

HSBC ON AC COMPANIES BLUE STAR — UPGRADE TO BUY | TP ₹1,780 VOLTAS — MAINTAIN BUY | TP ₹1,450 FROM ₹1,460 Strong Q1 for the India cooling industry. RAC industry grew 25% in Q1FY27, with volumes up 20–22%. Voltas performed better than Blue Star. Blue Star maintained stable margins during Jan–Jun, despite slower growth on a high base.

DEFENCE STOCKS; INDIA’S DEFENCE SECTOR AT AN INFLECTION POINT; PRIVATE SECTOR ROLE RISING ; REPORTS 🛡️ Domestic defence production more than doubled from ₹74,054 crore in FY17 to ₹1.54 lakh crore in FY25. 🏭 Private-sector production surged from ₹14,104 crore to ₹33,978 crore over the same period, with its share rising to around 22% in FY25. 📈 FY26 figures indicate further momentum, with overall defence production rising about 14% to nearly ₹1.78 lakh crore and private firms’ production nearly trebling to around ₹42,000 crore. 🚀 Defence exports jumped over 25-fold from ₹1,521.86 crore in FY17 to ₹38,424.01 crore in FY26; private companies accounted for more than half of exports in 7 of the 10 years. ⚙️ Private companies have made significant inroads in armoured vehicles, artillery and small arms, while major platforms such as combat aircraft and submarines remain dominated by DPSUs. 💰 Government aims to reach ₹3 lakh crore annual defence production by 2028-29, potentially creating substantial opportunities for domestic defence manufacturers. 🟢 Impact: Positive for Indian defence companies — rising indigenisation, exports, private investment and procurement reforms could support strong long-term order books and manufacturing growth.

OMCs, PAINT , AVIATION ; BRENT CRUDE CLIMBS ABOVE $91/BBL AS US-IRAN DEAL PROSPECTS WEAKEN 📈 Brent crude rose for a third consecutive session, moving above $91 per barrel. ⚠️ Oil prices gained after prospects for a new US-Iran agreement weakened, with the interim peace arrangement expiring on Monday. 🚢 Iran and Oman continue talks over managing shipping through the Strait of Hormuz, though the US is not involved. 🌍 Washington is unlikely to support an arrangement that does not guarantee unrestricted passage through the strategically important shipping route. 🔴 Impact: Negative for India — sustained crude above $90 could increase import costs, inflationary pressure and weigh on oil-sensitive sectors.

DEFENCE STOCKS; INDIA’S DEFENCE SECTOR AT AN INFLECTION POINT; PRIVATE SECTOR ROLE RISING ; REPORTS 🛡️ Domestic defence production more than doubled from ₹74,054 crore in FY17 to ₹1.54 lakh crore in FY25. 🏭 Private-sector production surged from ₹14,104 crore to ₹33,978 crore over the same period, with its share rising to around 22% in FY25. 📈 FY26 figures indicate further momentum, with overall defence production rising about 14% to nearly ₹1.78 lakh crore and private firms’ production nearly trebling to around ₹42,000 crore. 🚀 Defence exports jumped over 25-fold from ₹1,521.86 crore in FY17 to ₹38,424.01 crore in FY26; private companies accounted for more than half of exports in 7 of the 10 years. ⚙️ Private companies have made significant inroads in armoured vehicles, artillery and small arms, while major platforms such as combat aircraft and submarines remain dominated by DPSUs. 💰 Government aims to reach ₹3 lakh crore annual defence production by 2028-29, potentially creating substantial opportunities for domestic defence manufacturers. 🟢 Impact: Positive for Indian defence companies — rising indigenisation, exports, private investment and procurement reforms could support strong long-term order books and manufacturing growth.