- Kernex Microsystems won a large order worth Rs.2,465.7 cr. with execution timeline of 12 months against a market cap of Rs.2,105 cr. Keep on track.
- Rama Phosphates Q3: PAT at Rs.140 mn vs Rs.37 mn, up 278%. EBITDA Rs.239 mn vs Rs.101 mn, up 137%. Margin expands to 10.05% from 5.62%. Keep on track.
- Union Bank Q3: PAT Rs.5,016 cr vs Rs.4,602 cr YoY. Net NPA improves to 0.51% from 0.55% QoQ. Asset quality trend positive. Keep on track.
- Lehar Footwears posts 474% YoY PAT at Rs.7.29 cr; H1FY26 PAT up 299% at Rs.14.56 cr, implying FY26 EPS Rs.19–21. Promoters hold 72.93%, HNIs 7.98%. CRISIL rating upgrade, strong cash flows, debt reduction. PE at 17 vs peers at 36–89. No US export exposure. Potential multibagger at current levels.
Sai Silks (Kalamandir) board meet on 19th Jan to approve Q3 results. As per market grapevine, Q3FY26 performance may be sharply weaker YoY. Caution advised.
