Abhishek Sinha
Tata Motors:
The automaker announced that its subsidiary Jaguar Land Rover (JLR) reported a decline in volumes for the second quarter. Wholesales dropped 24.2% year-on-year, while retail sales saw a 17.1% decline compared to the same period last year.
Container Corporation of India (Concor):
Concor has entered into a strategic agreement with Ultratech Cement for the transportation of bulk cement through specialised tank containers, expanding its logistics solutions portfolio.
Dish TV India:
The company informed that the Aurangabad tax authorities have approached the Bombay High Court, challenging an earlier order that was in Dish TV’s favour concerning CENVAT credit.
Anant Raj Ltd:
The real estate developer has launched its Qualified Institutional Placement (QIP) and fixed the floor price at ₹695.83 per share.
Utkarsh Small Finance Bank:
The lender has received in-principle approvals from both the NSE and BSE to go ahead with a proposed rights issue of equity shares.
Saatvik Green Energy:
The solar energy firm secured new contracts worth ₹488 crore for the supply of solar PV modules to leading independent power producers (IPPs). Additionally, it received further orders worth ₹219.62 crore from three other IPPs for similar module supplies.
IRB Infrastructure Developers:
The company reported an 11% year-on-year increase in gross toll collection for September, reaching ₹556.7 crore.
Business Updates
Titan Company – Q2 FY26 Highlights (YoY)
Consumer businesses grew 20% year-on-year.
55 new stores were added during the quarter.
Domestic jewellery revenue rose 19%.
International business surged 86%.
Rising gold prices contributed to higher average ticket sizes.
Lodha Developers – Q2 FY26 Performance (YoY)
Collections grew 13% to ₹3,480 crore.
Pre-sales increased 7% to ₹4,570 crore.
Keystone Realtors – Q2 FY26 Snapshot (YoY)
Pre-sales rose 9% to ₹763 crore.
Collections climbed 9% to ₹601 crore.
Godrej Consumer Products – Q2 FY26 Outlook
The home care portfolio is expected to post high single-digit value growth.
The ongoing GST transition in India may temporarily impact profitability.
EBITDA is projected to decline in the second quarter.
IPO Listing Watch
Om Freight Forwarders:
Mumbai-based Om Freight Forwarders, a third-generation logistics company, will list on the exchanges on Wednesday at an issue price of ₹135 per share. The IPO received a subscription of 3.87 times, with strong interest from institutional (3.97x), non-institutional (7.39x), and retail (2.75x) investors.
Advance Agrolife:
Agrochemical manufacturer Advance Agrolife is set to debut on the bourses on Wednesday at an issue price of ₹100 per share. The IPO saw a strong subscription of 56.85 times overall, led by qualified institutional buyers (27.31x), non-institutional investors (175.30x), and retail investors (23.06x).
