🗞️ Daily Business Brief – NOV 16,2025
- NTPC nuclear project capacities planned in the 700–1,600 MW range; locations being identified.
- Tata Motors reveals Sierra with triple screens & new engines ahead of Nov 25 launch.
- Karnataka Bank appoints Raghavendra Bhat as MD & CEO for 1 year.
- Websol Arm signs MoU with APEDB to set up 4 GW solar cell & module manufacturing facility in Andhra Pradesh.
- Kotak’s Nilesh Shah says India remains a long-term growth story as markets await tariff deal.
- Lupin gets US FDA closure for Nagpur Unit-1 inspection with zero observations (Nov 10–14, 2025).
- Greenlam Industries expects strong growth across segments; targets 18–20% revenue rise in FY26.
- Anant Raj to invest ₹4,500 crore in Andhra Pradesh for new data centre & IT park.
- Glenmark Pharma Q2 revenue at ₹6,000 cr includes ₹3,670 cr one-time AbbVie income; India biz hit by inventory cuts, postponed orders & higher freight. Exceptional item: ₹590 cr GST 2.0 inventory provision.
- Stanley Lifestyles expands premium home solutions network, targets 120 stores in 3 years.
- TruAlt Bio signs MoU with APEDB to set up sustainable aviation fuel plant.
- IRB Infrastructure arm wins ₹9,270 crore NHAI project.
- Alembic Pharma receives US FDA approval for diltiazem hydrochloride tablets for BP & angina.
- Govt of India to infuse ₹2,000 crore to expand credit guarantee cover for exporters.
- Sagility promoter sells 16.4% stake; Unifi Capital buys ~5% for ₹1,050 cr, Société Générale buys 1.8% for ₹404 cr.
- Cognizant to acquire 3Cloud, strengthening Azure & enterprise AI capabilities globally.
- Maruti Suzuki to recall 39,506 Grand Vitara units due to potential fuel indicator issue.
- Minda Corp CFO Vinod Raheja resigns effective Nov 30, 2025.
- Kotak Mahindra Bank board to consider first stock split proposal in 15 years on Nov 21.
- KPI Green signs ₹696 cr EPC & O&M contract with SJVN for 200 MW solar project in Khavda, Gujarat.
- Infosys announces September quarter bonus payouts — average 75%, top 83%.
- ReNew to invest ₹82,000 crore across renewable spectrum in Andhra Pradesh.
- Govt working actively with US, EU & New Zealand on FTA, says Piyush Goyal.
- Govt to allocate ₹2,000 crore soon for export credit guarantee scheme.
- India to introduce AI education for children as young as 8 years old.
- MoD signs ₹2,095 cr contract with Bharat Dynamics for anti-tank missiles.
- KRBL – Guidance expects higher gross margins in FY26; domestic biz to grow 10%; exports near-term ₹400 cr in Q3; non-basmati to rise from ₹200 cr to ₹500 cr in 2–3 yrs; Uplife brand targets ₹200–300 cr.
- Oswal Pumps – Guidance targets 50–60% FY26 revenue growth; medium-term 30–35% CAGR; EBITDA margin 25.5–26% in Q3, 26.25–26.75% in Q4; PAT margin 17.5–19%; 65k–75k pumps installation; 100 bps cost savings by Q4.
- Concord Biotech – Guidance believes it can achieve 25% CAGR; stronger H2 FY26 expected; injectable facility may generate ₹400–600 cr with ₹3,000–4,000 cr TAM.
- Voltas – Guidance refrains from numeric projections; margins improving due to cost cuts; Voltbek EBITDA breakeven timeline unspecified.
- Indraprastha Gas – Guidance volume growth 8–10% ex-DTC; EBITDA margin ₹7–8/scm; capex ₹1,200–1,400 cr; diversification addl ₹700–800 cr; exit FY26 volume 10 MMSCMD.
- Deepak Nitrite – Guidance optimistic for stronger H2; FY26 capex ~₹1,500 cr; next 3 yrs ₹3,000–4,000 cr annually; polycarbonate project outlay ₹9,000 cr.
- Marksans Pharma – Guidance EBITDA margin 19–20%; long-term revenue target ₹5,000 cr; US market $300M order book; Q3 FY26 to improve UK biz.
- Engineers India – Guidance revenue growth 25%+; consultancy margin ~25%, turnkey 6–7%; order inflow to exceed last year’s ₹8,000 cr.
- Tata Motors PV / JLR – Guidance JLR EBIT 0–2% for FY26; negative FCF £2.2–2.5 bn; India PV growth H2 double-digit; FY26 growth 5% ±2%.
- Brainbees Solutions – Guidance H2 FY26 stronger than H1; early-teens FY26 growth; international biz sustainable; fast-delivery network to reach 50% next year.
- Vishal Mega Mart – Guidance no formal guidance; optimistic but no quantification on SSSG or capex.
- Tilaknagar Industries – Guidance FY26 mid-teens volume growth; FY27–28 low double-digit; EBITDA margin similar or slightly higher; non-baseline revenue growth +200–300 bps from FY27.
- Hero MotoCorp – Guidance H2 industry growth 8–10%; FY26 5–6%; margin guidance 14–16%; Q3 commodity inflation 1–2%.
- Mishra Dhatu Nigam – Guidance FY26 revenue ₹1,300 cr; EBITDA ~23%; long-term 10% growth; order book to remain ₹2,000 cr by Apr 2026.
- Dilip Buildcon – Guidance FY26 revenue cut to ₹8,000 cr; FY27 ₹10,000 cr; FY26 order inflow ₹15,000 cr; coal production targets: Siarmal 25 MT, Pachhwara 7 MT; finance cost: FY26 ₹450 cr, FY27 ₹350 cr.
- Sonata Software – Guidance EBITDA to improve in Q3; PAT to grow in H2; investment verticals to scale to $250M in 3–5 yrs; productivity gains from AI.
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