- It’s all a sham! Rajesh Exports’ revenue figures for the past five years were allegedly fraudulent. The company reportedly showed nearly Rs.15.5 lakh cr. of fictitious revenue over five years, while claims regarding ownership of a gold mine in Africa also turned out to be false. Serious questions are now being raised on the role of auditors and the credibility of balance sheets. Rajesh Exports share price crashed to nearly Rs.100 from around Rs.1000.
- Anant Raj signed an MoU with Haryana Government for Data Centre & Cloud Services expansion with planned investment of around Rs.25,000 cr. in digital infrastructure. The move strengthens its position in India’s growing data centre ecosystem. Impact positive and stock may surpass previous highs.
- IOL Chemicals and Pharmaceuticals reported sharp PAT growth of 158% Q-o-Q at Rs.53.16 cr. in Q4FY26, while FY26 PAT grew 36% to Rs.137.64 cr. Non-Ibuprofen pharma share expanded from 18% to 37% over 6 years. The company incurred Rs.164 cr. capex in FY26 and plans Rs.150–200 cr. capex in FY27. Management remains optimistic for the next 2–3 quarters and the stock may re-test Rs.178.
- VA Tech Wabag reported record FY26 order inflows of Rs.8000 cr., taking order backlog to Rs.16,800 cr. with strong domestic and global pipelines ahead. The company also announced its first Bio-CNG plant and secured Delhi wastewater treatment projects worth Rs.100–250 cr. FY26 PAT rose to Rs.370 cr. while dividend increased to 250%. JM Financial initiated coverage with target of Rs.1755.
- Debt-free AVT Natural Products processes 70,000 tons of plant material annually through 2 facilities. It has reserves of Rs.491 cr. against equity of Rs.15 cr., while promoters hold 75%. Q4 PAT rose 53% to Rs.22 cr. and FY26 PAT grew 34% to Rs.65 cr. Dividend increased to 45% from 35%. Stock looks attractive at Rs.69 against life-time high of Rs.136.
- Debt-free Fluidomat has reserves of Rs.91.44 cr. against equity of Rs.4.93 cr. Q4 PAT surged 350% Q-o-Q to Rs.10.27 cr., while FY26 PAT stood at Rs.20.06 cr. Dividend declared at 75%. ROCE of 30.4% and 5-year profit CAGR of 38% remain impressive. Stock looks attractive at Rs.826 against 52-week high of Rs.1419.
- HFCL will invest Rs.89.3 cr. in HFCL Advance Systems, divest 80% stake in Raddef for Rs.75 cr., transfer thermal weapon sight business and acquire HFCL Defence for Rs.25 cr. Keep on track.
