- Debt free dividend paying, Resonance Specialities, part of the IPCA Laboratories group, reported 124% rise in Q3FY26 PAT to Rs.2.51 cr. Promoters hold 54.25%. The stock appears undervalued at Rs.92 compared to its lifetime high of Rs.254 and may see strong re-rating potential.
- Shanti Gold International posted strong 204% rise in PAT to Rs.108.64 cr. for 9MFY26 and gave optimistic outlook for the next few quarters. Capacity is being expanded to 4000 kg from 2700 kg with Rs.8 cr. capex through internal accruals. The stock appears attractive at Rs.182 compared to its 52-week high of Rs.274.
- Debt free Simmonds Marshall, in collaboration with Firth Cleveland Fastenings UK, has reserves of Rs.42 cr. against equity of Rs.2.24 cr. Promoters hold 59.57%. Q3FY26 PAT rose 256% to Rs.4.34 cr. which may lead to FY26 EPS of Rs.14–16. With PE of 11, ROE of 21.6% and five-year profit CAGR of 25.8%, the company shows strong growth potential.
- Somi Conveyor Beltings posted PAT of Rs.2.38 cr. in Q3FY26 versus Rs.86 lakh in Q2FY26, a sharp 177% q-o-q rise. It may benefit from infrastructure and capex growth across auto, cement, mining, power and steel sectors. At Rs.111 the stock appears attractive compared to its earlier high of Rs.228.
- Paytm incorporated a wholly owned step-down subsidiary “Paytm Indonesia” through its Singapore arm with an initial investment of ~Rs.8.5 cr. to enter the Southeast Asia digital payments market. Impact Positive – Strategic overseas expansion offers long-term growth potential though near-term financial impact remains limited.
- Oil supply remains disrupted despite the US–Iran ceasefire with nearly 130 million barrels stuck across ~80 tankers and restricted movement through the Strait of Hormuz, delaying shipments to key markets including India. Impact Negative – Supply tightness may keep oil prices volatile and sustain inflationary pressures.
