Stock Market Learning

6 Small & Mid-Cap Infra Stocks With Massive Order Books 📑

Kalpataru Projects International (KPIL)
Order Book: ₹64,682 Cr

NCC Limited
Order Book: ₹79,571 Cr

IRCON International
Order Book: ₹24,984 Cr

Va Tech Wabag
Order Book: ₹17,234 Cr

Garden Reach Shipbuilders & Engineers
Order Book: ₹23,592 Cr

J. Kumar Infraprojects
Order Book: ₹10,147 Cr

MARUTI SUZUKI – LAUNCHES NEW BREZZA TURBO BOOSTERJET

• Maruti Suzuki has launched the New Brezza Turbo Boosterjet, adding a more performance-focused variant to its compact SUV lineup.

• The SUV is powered by a 1.5L Turbo Boosterjet petrol engine paired with a 6-speed manual transmission and Progressive Smart Hybrid technology.

• It delivers 81 kW of power, 170 Nm of torque, and a claimed fuel efficiency of 20.47 km/l.

• The Brezza S-CNG now features an underbody CNG tank, preserving boot space, along with Idle Start-Stop technology and a claimed fuel efficiency of 26.9 km/kg.

• Introductory prices for the New Brezza Turbo Boosterjet start at ₹7.39 lakh.

Stocks World:
GOLDMAN SACHS ON BHARAT FORGE

BUY, TARGET PRICE 2120

North America and Europe CV cycles are inflecting upward. supporting recovery in core export forging revenues.

- Defense ex*****on starts this year, with meaningful upside from artillery, explosives, vehicles, and aerospace opportunities.

European restructuring should reduce losses and support EBITDA margin expansion to 20.1% by FY29E

Strong EPS growth trajectory of 34%/30%/24% over FY27E/FY28E/FY29E supports operating leverage

Kotak Inst Eqt on Tata Tech

Sell, TP Rs 500

Reported 4.3% c/c qoq revenue growth in services segment, ahead of estimate of 3.1%.

Profitability was in line at 13.3%.

TTL has been a beneficiary of resumption in spends on existing products by auto OEMs, following a pause to investments in electrification and SDV

Pickup in spends is cyclical and would normalize eventually

Expect 20.8% c/c revenue growth in services segment (6% inorganic contribution) and 19.2% yoy growth overall in FY2027

Raise FY2028-29E EPS by 1%

Stock trades at a rich 32X FY2028E PE at a 20-60% premium to KPIT and TELX.

GOLDMAN SACHS ON SAMVARDHANA MOTHERSON

BUY , TARGET 148

Global scale and diversified customer/geography mix, reducing India-cycle dependence and supporting resilient revenue growth

Proven acquisition-led tumaround playbook, with distressed asset purchases backed by customer order visibility.

Optionality from faster-growing consumer electronics. aerospace and defense businesses, though still small today.

-EPS growth outlook remains healthy, with margins and ROE expected to improve through FY 29E

*Stocks in News*

*VA Tech:* Company bags 2 Orders In The Range Of Rs 250-600 cr From Bangalore Water Supply & Sewerage Board For Energy-Efficient Wastewater Treatment Facilities. (Positive)

*Sterlite Technologies:* Company has launched its CONCAT optical connectivity solution in the United States through its US subsidiary. (Positive)

*United Breweries:* Company has commissioned a new canning line at its Nizam Brewery. (Positive)

*Poonawalla Fincorp:* Q1 FY27 Net Profit at Rs. 308 crore vs Rs. 63 crore YoY. Revenue at Rs. 2,330 crore vs Rs. 1,314 crore YoY. (Positive)

*Zee Entertainment Enterprises:* Company is exploring the sale of a 49% stake in Zee Music, according to media reports. (Positive)

*Jayaswal Neco Industries:* Q1 FY27 Standalone Net Profit at Rs. 194 crore vs Rs. 93 crore YoY. Revenue at Rs. 2,100 crore vs Rs. 1,650 crore YoY. (Positive)

*Jammu & Kashmir Bank:* Company has signed a Share Purchase Agreement (SPA) to sell its stake to MetLife International for Rs. 120.1 crore at Rs. 117.20 per share. (Positive)

*OM Infra:* Company has emerged as the L1 bidder for a Rs. 482.27 crore irrigation EPC project in Rajasthan and is awaiting the Letter of Intent (LoI). (Positive)

*Jana Small Finance Bank:* Company has received the IBA Banking Technology Award for Identity & Access Management in the Small Bank category. (Positive)

*GAIL (India):* Company has signed MoU with KABIL to collaborate on critical and strategic minerals, including identification of mineral opportunities, technical cooperation and joint initiatives across the mining value chain. (Positive)

*ONGC:* Company has successfully completed two deep geothermal wells at Puga, Ladakh, marking a key milestone for India's first demonstration-scale geothermal power project. (Positive)

*Nutricircle:* Company has signed an MoU with the Government of Tripura to develop a BioNutrition Valley focused on plant proteins, functional food ingredients and bio-based products. (Positive)

*NTPC:* Group's installed capacity has increased to 90,965 MW after THDC commissioned an 11 MW floating solar project at Khurja STPP, which achieved commercial operations from July 17, 2026. (Positive)

*Chennai Petro:* Board Approves Final Dividend of Rs. 54/Sh For FY26, Fixes Record Date As Aug 7, 2026 (Positive)

*Samvardhana Motherson:* Company has received approval from a Japanese court for the acquisition of an 81% stake in Yutaka Giken Co. Ltd., with the transaction expected to close in Q2 FY27. (Positive)

*Artson Engineering:* Company has received a Letter of Intent (LoI) worth Rs. 14.63 crore from TKIL Industries for the JSW Jaigarh Port Project. (Positive)

*Power Grid:* Declared successful bidder for installation of two synchronous condenser units at the Fatehgarh-II substation. (Positive)

*Olectra Greentech:* Impleaded as a respondent in a PIL related to land acquisition for its proposed EV manufacturing facility. (Positive)

*Punjab National Bank (PNB):* Q1 FY27 Standalone Net Profit at Rs. 5,253 crore vs Rs. 1,675 crore YoY. Net Interest Income (NII) at Rs. 10,798 crore vs Rs. 10,578 crore YoY. (Positive)

*Yes Bank:* Q1 FY27 Net Profit at Rs. 1,070 crore vs Rs. 810 crore YoY. Net Interest Income (NII) at Rs. 2,786 crore vs Rs. 2,372 crore YoY. Gross NPA remained at 1.30%, while Net NPA remained at 0.20% QoQ. (Positive)

*ICICI Bank:* Q1 FY27 Net Profit at Rs. 14,801 crore vs Rs. 12,768 crore YoY. Net Interest Income (NII) at Rs. 24,385 crore vs Rs. 21,635 crore YoY. Gross NPA at 1.38% vs 1.40% QoQ, while Net NPA stood at 0.35% vs 0.37% QoQ. (Positive)

*India Cements:* Q1 FY27 Net Profit at Rs. 27 crore vs Net Loss of Rs. 131 crore YoY. Revenue at Rs. 1,019 crore vs Rs. 1,025 crore YoY. (Positive)

*Premier Polyfilm:* Q1 FY27 Net Profit at Rs. 9.1 crore vs Rs. 6.0 crore YoY. Revenue at Rs. 100.06 crore vs Rs. 74.44 crore YoY. (Positive)

*Natco Pharma:* Company receives tentative USFDA approval for Olaparib Tablets. (Positive)

📈 *Market Update*

🇮🇳 *Global Market weak, lekin Indian Market Strong! 💪*

✅ Sensex: +1,083 pts (+1.40%) → 78,270
✅ Nifty 50: +273 pts (+1.14%) → 24,346
✅ *Nifty IT: +1.63% (Top Performer)*

*Teji ke Reasons 👇*
🔹 Tech Mahindra ke strong Q1 results se IT stocks me zabardast buying.
🔹 Jio Financial ka 155% profit jump ne financial sector ko support diya.
🔹 DIIs (Domestic Investors) ki strong buying ne global sell-off ka impact kam kiya.
🔹 HDFC Bank, ICICI Bank & Axis Bank ke Q1 results se pehle banking stocks me optimism.

*⚠️ Global Update: US aur Asian markets semiconductor weakness aur geopolitical tensions ki wajah se pressure me rahe, lekin Indian market ne resilience dikhayi.*

🚨 RBI Governor – Key Highlights 🇮🇳

🏦 Economic Outlook
✅ Indian economy remains strong & resilient
📈 Growth supported by Consumption, Investment & Exports
🎯 RBI focus: Growth + Inflation Balance

📊 Inflation Update
🍅 Inflation mainly driven by Food, Oil & Global Supply Factors
✅ Domestic demand remains healthy
🎯 RBI aims to keep inflation within the target range

🏛️ Banking System
💰 Banks are well-capitalized & financially strong
✅ NPA levels remain under control
📌 No major systemic risk at present

💳 Credit Growth
🥇 Gold loans continue to grow strongly
🏭 MSME lending remains healthy
👀 RBI is closely monitoring all credit segments

🌍 External Sector
💵 Strong Forex Reserves
📈 Healthy Balance of Payments (BoP)
✅ External debt remains manageable

⚠️ Key Risk
🌍 Geopolitical tensions (Middle East)
⛽ Rising crude oil prices & supply chain disruptions remain key concerns
👀 RBI is continuously monitoring global developments

🎯 Learning View

📌 Positive For: Banking, Financials & Indian Economy
📌 Watch: Crude Oil Prices, Inflation Data & Global Geopolitical Events

📚 For Educational Purposes Only

📊 Market Update | 16 July 2026

🚀 GIFT NIFTY: 24,110 ⬆️ +32 pts (vs Previous Close: 24,078)

📈 NIFTY 50

Previous Close: 24,078
Support: 24,000
Resistance: 24,250
View: Buy on Dips 🟢

🏦 BANK NIFTY

Previous Close: 54,999 (Approx.)
Support: 54,700
Resistance: 55,300
View: Positive Bias 🟢

💰 FII / DII
🟢 FII – Net Buyer
🟢 DII – Net Buyer

📚 For Learning & Educational Purposes Only. Not a Buy/Sell Recommendation.

*Avio Smart Market Stack:* Company has revised its investment in Huwel Lifesciences Pvt. Ltd. to Rs. 7.50 crore, acquiring a 2.06% stake. (Neutral)

*HDB Financial Services:* Q1 FY27 Net Profit at Rs. 785 crore vs Rs. 567.7 crore YoY. Net Interest Income (NII) at Rs. 4,262 crore vs Rs. 3,831.5 crore YoY. (Neutral)

*Amara Raja Energy & Mobility:* Company has commissioned its Customer Qualification Plant (CQP) in Telangana with an investment of Rs. 500 crore. (Neutral)

*CSM Technologies:* Company's wholly owned subsidiary has secured an international consultancy contract worth Rs. 3.21 crore from the Public Private Partnership Commission (PPPC), Malawi. (Neutral)

*Aye Finance:* Company to raise up to ₹4,000 Cr via NCDs. (Neutral)

*Exide Industries:* Invested Rs 100 crore in wholly owned subsidiary Exide Energy Solutions (Neutral)

*Maruti Suzuki:* Company will hold a Board Meeting on July 31, 2026, to approve the unaudited financial results for the quarter (Neutral)

*TVS Holdings:* Arm Home Credit buys Varthana Finance for Rs 967 crore (Neutral)

*HDFC Bank:* Bank has received RBI approval for the appointment of Rajiv Kumar as Part-time Chairman for a three-year term. (Neutral)

*GTPL Hathway:* Q1 FY27 Net Profit at Rs. 1.4 crore vs loss Rs. 13.9 crore QoQ. Revenue at Rs. 1015 crore vs Rs. 923 crore QoQ. (Neutral)

*Network 18:* Q1 FY27 Net loss at Rs. 38.4 crore vs Rs. 29.6 crore QoQ. Revenue at Rs. 520 crore vs Rs. 616 crore QoQ. (Neutral)

*RIIL:* Q1 FY27 Net Profit at Rs. 2.6 crore vs Rs. 3.1 crore YoY. Revenue at Rs. 8.6 crore vs Rs. 12.4 crore YoY. (Neutral)

*ICICI Lombard:* Q1 FY27 Net Profit at Rs. 403 crore vs Rs. 747 crore YoY. Revenue at Rs. 5950 crore vs Rs. 5136 crore YoY. (Neutral)

*Emmvee:* Q1 FY27 Net Profit at Rs. 380 crore vs Rs. 188 crore YoY. Revenue at Rs. 1555 crore vs Rs. 1028 crore YoY. (Neutral)

*DCX Systems:* Company has further invested ₹84.32 Cr in its associate & joint venture, ELTX Systems Private Limited, via a rights issue. (Neutral)

*Bharti Hexacom:* Company has fixed Friday, July 31, 2026, as the record date to determine eligible members for the final dividend payment of ₹18 per equity share for FY25-26. (Neutral)

*Adani Group stocks:* Gautam Adani denies any deal linked to dismissal of US criminal case in sworn affidavit: media sources. Adani denies any deal or promise behind US DOJ dropping criminal charges (Neutral)

*Shilpa Medicare:* Sridevi Khambhampaty resigned as CEO of subsidiary Shilpa Biologicals (Neutral)

*Gold Refining stocks:* Govt revises windfall tax on fuel exports, raising levies on diesel and ATF while lowering the tax on petrol exports, effective immediately. (Neutral)

*GMR Airports:* June Passenger Traffic Down 0.3% YoY, Aircraft Movements Down 2.4% YoY. (Neutral)

*SBI:* Bank appoints Sunil Agrawal as the Chief Financial Officer (Designate) Of the Co w.e.f. August 1, 2026. (Neutral)

List of stocks included in the short term ASM Framework: Swaraj Suiting. (Neutral)

List of stocks excluded from ASM Framework: Digitide Solutions and IFGL Refractories. (Neutral)

Circuit filter change from 5% to 20%: Gujarat Energy and Prime Focus. (Neutral)

*Mangalam Drugs & Organics:* Company has reported loan payment defaults of Rs. 9.51 crore to Bank of Maharashtra and Rs. 6.06 crore to Bank of Baroda, with delays exceeding 30 days. (Negative)

🚨 **Breaking Market Update** 🚨

📈 **Share Market me zabardast comeback!**

🔥 **Nifty 24,150 ke upar** aur **Sensex 700+ points ki strong rally!**

💻 **IT Stocks ne machaya dhamal**, **TCS ke Q1 Results** ke baad sector me zabardast buying dekhne ko mili.

✅ IT Index +2.96%
✅ Metal +1.37%
✅ Oil & Gas +1.04%
⚠️ Sirf Pharma sector me thodi profit booking dekhne ko mili.

💰 Market sentiment filhaal positive dikh raha hai. Kya ye rally aur aage badhegi? Nazar banaye rakhiye! 📊

Stocks World:
JEFFERIES ON AXIS BANK

Target Price ₹1700

Recommendation Accumulate

Deposit growth improvement led by non-retail segments.

Loan growth led by corp and SME; retail disbursements picking up

Share of PSL loans rises, but some risk for FY27

Core asset quality is improving

Stays among top-picks

JPMORGAN ON INDIA STRATEGY

Q1FY27 Earnings Preview: Top-line strength could offset margin headwinds

Profits may be tempered by elevated raw material costs

Expected to be a temporary, inventory-driven headwind

CY26/FY27 earnings growth estimates over the past 3-4 months

Upgrading the Pharma sector to Neutral

JPMORGAN ON JEWELLERY STOCKS

Gold exchange initiatives gain traction

Demand is re-shaping fast - led by recycling and lighter, lower-carat products

Retailers are pushing exchange & encashment schemes to pull in footfall

The Apr-Jun quarter saw good performance across players

Remain Overweight on Titan – remains underpinned by structural tailwinds