- India Pesticides has received Technical Equivalence (TEQ) approval in the European Union for one of its fungicide products, strengthening its international presence. Keep the stock on the radar.
- IOL Chemicals & Pharmaceuticals received approval from China’s National Medical Products Administration (NMPA) for its Clopidogrel Bisulfate API, strengthening its presence in the Chinese pharmaceutical market. The stock may hit the double-century mark.
- IRB Infrastructure Developers reported strong Q1FY27 toll growth, with June toll collections rising 15% YoY. CLSA has maintained a target price of Rs.34.5, citing improving traffic growth and strong revenue visibility.
- Rajesh Power Services reported strong Q1FY27 business momentum, driven by healthy execution and continued order inflows across the power transmission and distribution segment.
- Rajesh Power Services reported Q1FY27 revenue of Rs.436.62 crore with an unexecuted order book of Rs.3,741.79 crore (including L1). Major order wins in Gujarat and Odisha, along with a CRISIL rating upgrade to A-/Positive, strengthen its growth outlook. The stock looks attractive at the current market price versus its high of Rs.1,639.
- RBL Bank received a CARE Ratings upgrade on its Tier II bonds to CARE AAA/Stable from CARE AA-(Positive), reflecting improved credit strength. Keep the stock on the radar.
