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IOL Chemicals & Pharmaceuticals posted a 158% QoQ jump in Q4FY26 PAT to Rs.53.16 cr., while FY26 PAT rose 36% to Rs.137.64 cr. Expansion in specialty APIs, planned FY27 capex of Rs.150-200 cr. and higher promoter holding support a strong outlook. The stock looks attractive at Rs.148 versus its 52-week high of Rs.179.

Nahar Polyfilms is debt-free with reserves of Rs.854 cr. against equity of Rs. 12.57 cr. FY26 PAT grew 66% to Rs.78.84 cr., dividend increased to 30%, and the stock trades at just 8x P/E and 0.72x book value. Ongoing capex supports long-term growth.

PNC Infratech signed concession agreements with NHAI for two highway projects in Uttar Pradesh worth Rs.3483 cr. Both projects are scheduled for completion within 24 months. Keep on radar.

Rajesh Power reported FY26 PAT of Rs.143 cr. and EPS of Rs.80, with ROCE of 48.6%. Its order book stands at Rs.2925 cr., with recent wins worth Rs.887 cr. and entry into Battery Energy Storage Systems (BESS). Trading at Rs.865 versus its 52-week high of Rs.1639, the stock appears attractive.

Shri Bajrang Alliance posted FY26 PAT of Rs.48.16 cr. and EPS of Rs.49.18. Trading at just 3.6x P/E and 0.42x book value, the company benefits from its GOELD brand, strong retail partnerships and stake in Bajrang Power. The stock may surpass its all-time high of Rs.406.

Talbros Engineering reported 80% higher Q4 EPS of Rs.19 and FY26 EPS of Rs.57.4. Dividend increased to 30%, while the stock trades at just 12x P/E versus peers at 33x, indicating attractive valuations.

VA Tech Wabag secured major water treatment projects in Austria and the UAE, taking its order backlog to around Rs.19,800 cr. The company also entered the Bio-CNG segment and raised its FY26 dividend to 250%. The stock may surpass its 52-week high of Rs.2253.

Huhtamaki India, a subsidiary of Huhtamäki OYJ, has reserves of Rs.1278.42 cr. against equity of Rs.15.11 cr. Trading at just 15x P/E, it paid a 100% FY26 dividend and has guided positively for FY27. The stock looks attractive at Rs.237 versus its all-time high of Rs.452. Q1 results are due on 21-7-2026.

Vivid Electromech reported Q1FY27 revenue of Rs.32.68 crore, up 36% YoY, maintained a Rs.210 crore order pipeline, and secured an amended Rs.30.13 crore order from STT Global Data Centres India for the NMDC02 project..

Captain Polyplast received a Rs.23.6 crore order from (inclusive of GST) from Maharashtra State Electricity Distribution Co Ltd. for 1,000 off-grid DC solar water pumping systems under the PM-KUSUM B Scheme.

Emerald Finance partnered with All Heart Web Pvt. Ltd. to offer its Early Wage Access (EWA) program enabling employees to access a portion of their earned salaries before payday through salary deduction.

Active Clothing inaugurated a new corporate office in Gurugram to strengthen its international marketing and retail operations.

Supreme Power Equipment secured a Rs.13.60 crore order for the supply of a 112.5 MVA, 330 kV power transformer, to be executed within approximately 11 months.

Chandan Healthcare reported Q1FY27 operating income of Rs.48.67 crore, up 35.64% YoY, while Chandan Pharmacy's operating income increased 13.69% YoY to Rs.32.33 crore.

Sathlokhar Synergys E&C Global secured a Rs.74.85 crore industrial EPC order (including GST) from Grand Atlantia Panapakkam SEZ Developers Pvt. Ltd., taking its FY27 confirmed order book to Rs.1,015.18 crore.

Magellanic Cloud announced that its subsidiary, Provigil Surveillance Ltd., secured a Rs.6.93 crore railway order from South Central Railway, taking railway order wins from the Vijayawada Division to Rs.13.18 crore within a week.

YAAP Digital appointed Raj Nayak as Chairman & Managing Director following the passing of founder Dr. Atul Hegde. He brings over 30 years of experience in the media and communications industry.

Adisoft Technologies reported Q1FY27 revenue of Rs.30.61 crore, up 78% YoY, with an unexecuted order book of around Rs.40.10 crore and total order visibility exceeding Rs.96 crore.

Unihealth Hospitals commissioned the Eye Care & Ophthalmology Department at UMC Victoria Hospital, Uganda, expanding its specialty healthcare offerings following the proposed increase in its stake in Victoria Hospital Limited from 50.00% to 99.81%.

Trom Industries received orders for 42 MW of rooftop solar projects under the PM Surya Ghar - Muft Bijli Yojana, covering 38,561 residential installations across Bihar.

Aath Bio Genes is engaged in the production of cotton and various hybrid seeds. Stock trades at an attractive valuation of around 7x P/E and 0.5x price-to-book value. With Q1 traditionally being its strongest quarter, the stock appears attractive for j

OnEMI Technology Solutions operates the Al-powered digital lending platform "Kissht". It has delivered a 46.8% profit CAGR over the last five years with improving margins and recently incorporated wholly owned subsidiary Invincible Minds to expand into non-lending financial services.

Univastu India has an order book exceeding Rs.1,750 cr. against a market cap of Rs.286 cr., backed by major orders from L&T, IRCON and Pune Metro. FY26 sales surged 172.5% YoY, PAT jumped 150%, operating cash flow improved sharply and promoters are participating in a Rs.16 cr. preferential issue.

Rudra Global Infra Products reported FY26 revenue of over Rs.624 cr., while net profit increased to Rs.13.52 cr. from Rs.11.38 cr. Supported by strong infrastructure demand and government capex, the company remains well-positioned for steady growth.

Pace Digitek's subsidiary Lineage Power signed a strategic MoU with Bondada Renewable Energy to become a preferred supplier of Battery Energy Storage Systems (BESS), including residential, C&I and containerized solutions, providing strong long-term revenue visibility.

Natco Pharma will invest Rs.1,400 crore in its South African subsidiary and raise its stake in Adcock Ingram to 49% for Rs.1,069 crore. The expansion is expected to strengthen its global presence and drive higher revenue and profitability.

K.P. Energy and its parent KP Group have an order book exceeding Rs.3,000 crore, ensuring strong revenue visibility. With FY27 EPS estimated at Rs.40, the stock trades at a forward P/E of just 8.1x versus peers at 22.5x.

Aye Finance reported FY26 EPS of Rs.9, with FY27 EPS estimated at Rs.14. The stock trades at a forward P/E of 12x versus peers at 22x, leaving room for valuation re-rating.

Nile Ltd posted 51% higher FY26 EPS of Rs.183.7. New battery recycling regulations are expected to boost market share and margins, while the stock trades at an attractive P/E of 10.8x.

Transrail Lighting secured new orders worth Rs.575 crore, taking its order book to Rs.16,936 crore with an additional Rs.400 crore L1 position. The acquisition of Heltar Technologies' Al business further strengthens its diversified growth outlook.

Route Mobile is acquiring Heltar Technologies' Al-driven omnichannel customer engagement business for Rs.33.65 crore, expanding its Al and non-SMS communication portfolio while strengthening its enterprise messaging offerings.

Sportking India has commissioned a solar power project in Punjab, expected to reduce power costs by 14-15%. Debt repayment of Rs.123 crore and FY26 cash profit of Rs.214 crore further strengthen its financial position.

BCL. Industries commissioned an additional 150 KLPD ethanol capacity, increasing total capacity to 550 KLPD and improving revenue visibility. The stock trades at a P/E of 9.5x versus peers at around 50x.

IIFL Finance reported 333% higher FY26 EPS of Rs.39.1 and has free reserves of Rs.13,835 crore against equity of Rs.85 crore, reflecting a strong balance sheet and healthy growth outlook.

Capacite Infra secured a Rs.537 crore order, taking its outstanding order book to nearly Rs. 13,980 crore. With FY27 EPS estimated at Rs.28 and a forward P/E of 9.5x versus peers at 29x, valuations remain attractive.

A Time Communications Publication.bs

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FROM DEBT HEAVY TO DEBT LIGHT

1. Bombay Dyeing
Debt Now: ₹3 Cr.
Debt 10 Years Ago: ₹2,519 Cr.

2. Action Construction Equipment
Debt Now: ₹8 Cr.
Debt 10 Years Ago: ₹154 Cr.

3. Maharashtra Seamless
Debt Now: ₹13 Cr.
Debt 10 Years Ago: ₹665 Cr.

4. Heidelberg Cement
Debt Now: ₹14 Cr.
Debt 10 Years Ago: ₹1,039 Cr.

5. Garware Hi-Tech Films
Debt Now: ₹16 Cr.
Debt 10 Years Ago: ₹315 Cr.

6. Panacea Biotec
Debt Now: ₹24 Cr.
Debt 10 Years Ago: ₹1,105 Cr.

7. GE Vernova
Debt Now: ₹24 Cr.
Debt 10 Years Ago: ₹500 Cr.

8. GSFC
Debt Now: ₹27 Cr.
Debt 10 Years Ago: ₹1,288 Cr.

9. HBL Engg.
Debt Now: ₹67 Cr.
Debt 10 Years Ago: ₹550 Cr.

10. Orient Cement
Debt Now: ₹72 Cr.
Debt 10 Years Ago: ₹1,285 Cr.

11. Linde India
Debt Now: ₹78 Cr.
Debt 10 Years Ago: ₹1,445 Cr.

12. ABB
Debt Now: ₹85 Cr.
Debt 10 Years Ago: ₹600 Cr.

13. CG Power & Industrial Solutions
Debt Now: ₹118 Cr.
Debt 10 Years Ago: ₹1,528 Cr.

14. Emami
Debt Now: ₹160 Cr.
Debt 10 Years Ago: ₹670 Cr.

15. Orchid Pharma
Debt Now: ₹363 Cr.
Debt 10 Years Ago: ₹3,215 Cr.

16. Godawari Power & Ispat
Debt Now: ₹443 Cr.
Debt 10 Years Ago: ₹2,007 Cr.

#stockalerts #debttodebtfree #stockmarketupdate

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buy Bajaj Consumer Care; target of Rs 760: ICICI Securities
ICICI Securities is bullish on Bajaj Consumer Care recommended buy rating on the stock with a target price of Rs 760 in its research report dated July 14, 2026.

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🇬🇧📉

UK Economy Contracts Further, Deutsche Bank Says.

Britain’s economy reportedly shrank by 0.1% in May, marking a further slowdown and pushing the country into a recession, according to Deutsche Bank.

ISNreport

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OPENING CUES-NEGATIVE OPENING

Oil Jumps On Fresh Iran-US Strikes

Treasuries See A Drop

US Futures Slip Ahead Of Earnings

Gold Falls On Renewed Tensions

Asian Markets Open Mixed

Nikkei, Kospi See Sell-Off

Risk Off Sentiment

FII Shorts At 89% vs 90%

FII Buyers In Cash Markets After 1 Session (Last 5/6 Sessions Buyers)

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Goodluck India Approves 2:1 Bonus Issue

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Rathi Steel & Power reported Q1FY27 sales volume growth of 30% YoY to 28,372 MT with revenue rising 24%+ YoY to Rs.193+ crore, driven by strong TMT Rebar demand.

Emerald Finance expanded its Early Wage Access (EWA) network by onboarding Vertex Industries, strengthening its salary advance platform.

Sathlokhar Synergys E&C Global secured six new orders worth Rs.111.53 crore, taking its FY27 order book to Rs.951.75 croге.

NIS Management won a Rs.11.90 crore security service work contract from WBSEDCL to deploy around 250 security personnel over two years.

UniHealth Hospitals to acquire an additional 49.81% stake in Uganda-based Victoria Hospital from 50% to 99.81% through a strategic share swap making Victoria Hospital an almost wholly owned subsidiary.

Steel Exchange India repaid another Rs.16 crore of debt, taking cumulative debt reduction to Rs.102 crore while ~30% of its total long-term debt has been repaid since December 2025.

Magellanic Cloud has announced that its wholly owned subsidiary, Provigil Surveillance Ltd. It also secured a Rs.6.25 crore railway surveillance order from South Central Railway through its subsidiary Provigil Surveillance.

Iris Clothings will acquire a 51% stake in Infinia, entering the men's and women's athleisure segment and expanding its branded apparel portfolio beyond kidswear.

SEPC approved the acquisition of up to 90% stake in UAE-based Avenir International Engineers and Consultants LLC through a Rs.1,530 crore share swap, while proposing to increase its authorised share capital to Rs. 6,000 crore and raise its borrowing limit to Rs.7,500 crore.

Swan Corp has a diversified presence across energy, real estate, warehousing and defence, with a 90% stake in Swan. Defence. With an expected FY27 turnaround and the stock trading near its yearly low, the outlook remains attractive.

TBI Corn, a manufacturer of corn-based snacks, namkeen and animal feed with 10% export revenue, has delivered around 20% CAGR in sales and profit over the past three years. Trading at just 6x P/E, the stock offers attractive long-term potential.

KD Green Industries (formerly Manbro Industries) is the flagship listed company of the KD Group. It reported FY26 revenue of Rs.63.34 crore, EBITDA of Rs.8.12 crore and PAT of Rs.5.18 crore. Management targets EBITDA of Rs.128 crore by FY28, implying significant re-rating potential. The stock offers attractive long-term upside.

Tata Motors continues to strengthen its leadership in electric vehicles and commercial vehicles following its business demerger. Robust infrastructure spending, strong JLR demand and an industry-leading ROCE of 72.3% support its long-term growth outlook.

One MobiKwik Systems has delivered back-to-back profitable quarters, sharply reduced losses and secured an NBFC licence from the Reserve Bank of India to expand its lending business. Strong growth in its BNPL business and a 170% rise in UPI transactions support a positive outlook.

Goldline Pharmaceutical follows an asset-light pharma business model and has reduced its debt-equity ratio from 3.09x to 0.64x while maintaining ROE of 35.83%. H2FY26 PAT doubled to Rs.2.76 crore and promoters recently bought 60,000 shares from the open market. Long-term prospects remain encouraging.

Univastu India has an order book exceeding Rs.1,750 crore against a market cap of around Rs.286 crore, backed by major orders from L&T, IRCON and Pune Metro. FY26 sales surged 172.5%, PAT jumped 150%, while working capital improved significantly. The stock appears undervalued with strong growth potential.

Rudra Global Infra Products is an integrated steel and infrastructure company manufacturing TMT bars, wires and pipes under the "Rudra TMX" brand. FY26 revenue crossed Rs.624 crore, while PAT increased to Rs.13.52 crore. Continued government infrastructure spending is expected to support future growth.

Indian Hume Pipes received a Rs.739 cr. LOA from Public Health Engineering Department (PHED Jaipur, taking its order book to Rs.4858 cr. Long-term prospects remain bright.

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Investing without proper guidance can be costly. In a world flooded with videos, reels, tips and daily market predictions, the real risk often comes not from lack of information but from emotional decisions driven by panic, greed and impatience. Successful investing is less about predicting markets and more about discipline, asset allocation, patience and staying invested.

Ramesh Damant is among India's best-known long-term bulls. Son of a stockbroker and trained under value investing legend Chandrakant Sampat, he built his reputation by spotting the 1992 Harshad Mehta crash early and has remained consistently bullish on India's long-term growth story for over three decades. Known for his CNBC appearances and deep conviction in compounding, Damani has long backed India's consumption story as a multi-decade secular bull market.

Chasing top-performing funds is one of the most common investing mistakes. Recent winners do not always remain future leaders, as market leadership, fund rankings and investment themes keep changing. Long-term wealth is built through discipline, consistency and alignment with financial goals, not by constantly switching to yesterday's best performer.

Positive rule changes for share buybacks as SEBI will allow open market buybacks again from 1st August with stricter safeguards. Open market buybacks will be capped at 15% of paid-up capital and free reserves, promoter holdings will remain frozen during the buyback period, buybacks must open within four working days and close within 66 working days, and shareholders must be informed electronically within one day of the announcement.

Investing purely on tips and recommendations can be risky. Advice is everywhere today, but every investor has a different risk profile, time horizon and financial goal. Wealth is created through process, discipline and proper asset allocation, not by blindly following WhatsApp tips or social media calls. Before investing, every rupee should have a purpose, a timeline and alignment with liquidity needs, especially for money required over the next 1-2 years.

An interesting market pattern shows that every four years in July, markets have seen a major correction - July 1998 down 23.71%, July 2002 down 32.41%, July 2006 down 9.60%, July 2010 down 18.94%, July 2014 down 11.05%, July 2018 down 19.27% and July 2022 down 19.92%. Whether July 2026 follows the pattern, time will tell.

Never ask only where gold is going ask why the world's biggest investors are buying it. The real question is not the price, but whether the reasons to own gold have changed. Gold may correct sharply, but corrections do not end a bull market; they test conviction. The next major move in gold will depend on central bank buying, real interest rates, fiscal discipline and confidence in fiat currencies, not just headlines.

Never try to perfectly time the market. Many investors keep waiting for the ideal entry point, but the perfect time is visible only in hindsight. Markets move through cycles of rallies, corrections and recoveries, and wealth is usually created by disciplined investors who stay invested through these phases rather than trying to predict every move. Time in the market matters more than timing the market.

Himadri Speciality Chemical has increased its stake in International Battery Company to 20.47%, strengthening its commitment to advanced battery technologies. Backed by Himadri, SICONA has also secured a $31 million grant, around Rs.300 crore, for an Australian battery material plant, which is a strong positive trigger. The stock may surpass its previous high.

Rajesh Power has secured fresh orders worth Rs.653.12 crore from Paschim Gujarat Vij Company Ltd. (PGVCL) and another Rs.211.68 crore EPC contract from Odisha Power Transmission Corporation Ltd. for a 220-kilovolt underground transmission line. At a P/E of just 11x, the stock looks attractively valued compared with its 52-week high of Rs. 1639.

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*Top 10 Points about when, why, and how to invest in penny stocks:-*

📌 What is a Penny Stock?

A penny stock is a share of a small company that trades at a very low price (usually below ₹10–₹20 in India). These stocks are highly volatile and risky.

*Short and simple points about investing in penny stocks:*

1️⃣ Penny stocks are low-price shares of small companies.
2️⃣ They are very risky and highly volatile.
3️⃣ Invest only if you can handle high risk.
4️⃣ Use only small amount of your total money (5–10%).
5️⃣ Check company profit, debt, and promoter holding.
6️⃣ Avoid companies with continuous losses.
7️⃣ Check trading volume before investing.
8️⃣ Do not follow rumors or social media tips.
9️⃣ Invest only after proper research.
🔟 Decide your target and stop-loss before buying.
1️⃣1️⃣ Good for high-risk, high-return strategy.
1️⃣2️⃣ Not suitable for beginners with low capital.
1️⃣3️⃣ Be patient if investing for long term.
1️⃣4️⃣ Diversify your portfolio.
1️⃣5️⃣ Never invest blindly just because price is low.

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Photo from Srikanth Matrubai

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MONEY TIMES TALK

19.7.26



Although Money Times recommendation have outperformed other media, stock brokers and research houses, the brief recommendations under Money Times Talk (MTT) cannot display 'BUY', 'SELL' or 'HOLD' recommendations. Readers should, therefore, exercise their own judgement and evaluate the future prospects of the stock given Its past performance, Industry prospects in the backdrop of a growing economy and in consultation with their Investment adviser.

Astrology View-Important turning dates are 20, 22, 27, 29 & 31 July 2026. Stock-specific volatility may remain high till 18 August. Trade with strict stop-losses, disciplined position sizing and avoid excessive leverage.

Wealth Creation Mantra Success depends on the right entry, right exit and patience. Don't chase the next multibagger. Build a disciplined portfolio of quality stocks and let winners compound over time. Consistency and risk management matter more than chasing quick gains.

Market rules: 1) Treasury buys back its own debt Dollar weakens. Gold goes up. 2) They print money Buy gold.

Buy hard assets. Cash is the position that always loses. 3) They raise rates → Sell growth stocks. Buy short-term bonds. Do nothing else. 4) They cut rates Buy real estate. Buy growth stocks. This is the signal, not the news. 5) IPO market goes insane Sell everything they're selling you. They only IPO at the top. 6) 7 out of 10 bear market signals triggered →Start moving to cash. 7) Everyone says "this time is different" It never is. Sell.

Investor Alert - IPOs are increasingly being priced below unlisted market valuations. SBI Funds' IPO, for example, came at a 32% discount to unlisted prices, highlighting the risks of buying unlisted shares at excessive premiums.

Portfolio Strategy Review quarterly results and management concalls regularly. Rebalance your portfolio periodically and, if a stock remains inactive for around 100 days, consider shifting part of your capital to fundamentally strong stocks showing better momentum while maintaining diversification.

Small-cap Reality Check: Pine Labs: -39.4%, Newgen Software: -39.0%, C.E. Info Systems: -36.8%, Syngene International: -35.3%, Latent View Analytics: -34.1%, Inox Wind: -33.2%, Birlasoft: -33.2%, Swan Corp: -32.1%, KEC International: -31.7%, eClerx Services: -30.8% etc. Several quality small-cap stocks have corrected sharply in 2026, proving that buying a good company alone is not enough. Timely entry, exit and regular technical and fundamental reviews are equally important for superior long-term returns.

Trend Over Valuation - Prices lead valuations, not vice versa. Respect the trend, ignore market noise and remember that fundamentally strong stocks often shake out weak holders before resuming their long-term uptrend. Patience and discipline remain the key to wealth creation.

Friday night closing: Dow fell 407 pts., Nasdaq 362 pts. and S&P 76 pts., while Gift Nifty closed around 24,395, indicating a flat-to-positive opening on Monday, subject to weekend developments. Nifty ended at a three-month high of 24,334, led by Bank Nifty, while broader mid- and small-caps remained weak. F&O trading continues to be highly risky amid rising crude prices and a weak monsoon outlook.

As per market grapevine, stocks to watch include Atlanta Electricals, HFCL, Himadri Speciality Chemical, Huhtamaki India, IOL Chemicals & Pharmaceuticals, Nahar Polyfilms, BSE SME Rajesh Power, Shri Bajrang Alliance, Talbros Engineering, VA Tech Wabag, Vodafone Idea and YES Bank.

Think seriously about this. SIPs are an excellent long-term wealth creation tool, but relying only on SIPs may limit return potential. Combining SIPs with well-timed lump-sum investments during market corrections can enhance long-term returns. However, lump-sum investing requires careful valuation analysis, sector selection and disciplined timing.

Moody's Analytics projects global economic growth of 2.5% in 2026 and 2.8% in 2027, both below the long-term average growth rate of over 3%.

Many Investors spend more time waiting for a correction than preparing for one. Wealth is created by buying quality businesses at attractive prices and following a disciplined strategy. Accepting small losses and maintaining proper risk-reward discipline is equally important.

SpaceX aborted the second Starship V3 launch after ignition. The stock has declined nearly 45% from its all-time high of 124, below its IPO price of $135, highlighting how hype and FOMO can erode investor wealth.

A negative development for the Indian economy. Vessel traffic through the Strait of Hormuz has fallen to a three-week low, reflecting reduced shipping activity at one of the world's busiest energy trade routes and raising concerns over global supply chains and crude prices.

As per market veterans, gold and silver may have formed a medium-term bottom. Current levels near
$3,990 for gold and $55 for silver offer a favourable risk-reward for long-term investors, though investment decisions should be taken in consultation with a financial advisor.

In South Korea, nearly 1.2 million retail traders reportedly received margin calls in a single week, highlighting the risks of excessive leverage in equity markets.

Himadri Speciality Chemical reported its highest-ever quarterly revenue, with Q1 net profit rising 26.3% YoY to Rs.230 crore. It approved Rs.70 crore investment for a Carbon Nano Tubes plant and a Super Specialty Carbon Black facility, both targeted for Q4FY28. The stock may surpass its 52-week high.

Huhtamaki India remains fundamentally strong with reserves of Rs.1,278 crore against equity of Rs.15 crore. Trading at just 14x P/E, the company declared a 100% FY26 dividend and maintains a positive FY27 outlook. The stock remains attractive against its all-time high of Rs.452.

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.

On Friday, 17-7-2026, Huhtamaki India witnessed a bullish breakout with volumes of 436,094 shares. The stock looks attractive at Rs.237 against its lifetime high of Rs. 452. Keep it on the radar ahead of its Q1 results on 21-7-2026.

Catalysts for Shri Bajrang Alliance include the proposed listing of Bajrang Power & Ispat, ethanol plant commissioning, expansion of its GOELD food business, QSR rollout, infrastructure-led growth, and continued earnings. momentum. The company remains virtually debt-free and trades at a P/E of just 3.6x, leaving scope for re-rating.

Atlanta Electricals secured a Rs.285 cr. order from Punjab State Transmission Corporation Ltd. FY26 PAT rose 70% to Rs.202 cr., EBITDA margin expanded to 18.6%, and the company turned debt-free after repaying Rs.340 cr. Positive FY27 outlook with Q1 results due on 21-7-2026. The stock may surpass its 52-week high of Rs.2200.

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*Top 10 Points about when, why, and how to invest in penny stocks:-*

📌 What is a Penny Stock?

A penny stock is a share of a small company that trades at a very low price (usually below ₹10–₹20 in India). These stocks are highly volatile and risky.

*Short and simple points about investing in penny stocks:*

1️⃣ Penny stocks are low-price shares of small companies.
2️⃣ They are very risky and highly volatile.
3️⃣ Invest only if you can handle high risk.
4️⃣ Use only small amount of your total money (5–10%).
5️⃣ Check company profit, debt, and promoter holding.
6️⃣ Avoid companies with continuous losses.
7️⃣ Check trading volume before investing.
8️⃣ Do not follow rumors or social media tips.
9️⃣ Invest only after proper research.
🔟 Decide your target and stop-loss before buying.
1️⃣1️⃣ Good for high-risk, high-return strategy.
1️⃣2️⃣ Not suitable for beginners with low capital.
1️⃣3️⃣ Be patient if investing for long term.
1️⃣4️⃣ Diversify your portfolio.
1️⃣5️⃣ Never invest blindly just because price is low.

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Foreign investors return to India, equities lead revival

After $24 billion outflows in March - May, July so far sees a $2.6 billion inflows

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CANTOR ON ADANI ENERGY

Target Price ₹ 1819

Recommendation Overweight

Transmission: recently commissioned assets support strong year-over-year growth

The broader capitalization program remains back-end loaded

Distribution: seasonal demand supports a strong sequential rebound

Mundra should continue to benefit from expanding industrial demand

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Photo from Srikanth Matrubai

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Photo from Srikanth Matrubai

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ITC Infotech emerges as frontrunner to acquire majority stake in Happiest Minds

ITC Infotech eyes majority stake in Happiest Minds.
Founder Ashok Soota exploring stake sale.
Deal to boost ITC Infotech's digital, AI services.

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Photo from Srikanth Matrubai

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Phantom Digital has launched Phantom Animations with Zee Entertainment to create premium animated content for global audiences. Medium-term outlook is strong.

Tamilnad Mercantile Bank posted strong Q1FY27 business growth of 23%, led by 27% rise in advances and 19.7% growth in deposits. FY26 EPS stood at Rs.84.5 and FY27 EPS may reach Rs.98, making valuations attractive.

Oswal Pumps bagged Rs.236 cr. solar pump order from Maharashtra after a Rs.247 cr. Bihar order in June. FY26 EPS of Rs.33 keeps the stock appealing.

Organic Recycling Systems posted FY26 EPS of Rs.24.1 and H2 EPS of Rs.12.5 on equity of Rs.8.8 cr. Trading at just 10x P/E with 1:2 bonus shares, it looks attractively valued.

K.P. Energy secured a Rs.239.6 cr. EPC contract for a 91.4-megawatt (MW) wind-solar hybrid project in Gujarat from JK Paper, in addition to a major 464.10 MW order from NTPC Renewable Energy Ltd. FY27 EPS is estimated at Rs.40 and the stock trades at a forward P/E of just 8x.

J & K Bank reported 20.4% growth in total business in Q1FY27, with deposits up 16.8% and advances up 25.5%. FY26 EPS rose 29% to Rs.21.4 and the long-term outlook remains strong.

Canara Bank delivered healthy Q1FY27 growth with global business up 14.4%, advances up 18% and deposits up 11.7%. With FY26 EPS of Rs.19.8 and P/E of 6.3x, the stock looks attractive.

Satin Creditcare saw Q1FY27 AUM rise 27% to Rs.16,000 cr., added 53 branches and 2.2 lakh borrowers, while disbursements jumped 54%. With FY26 EPS of Rs.30.2, it remains worth holding.

GK Energy won a Rs.236 cr. solar pump order in Maharashtra after earlier Rs.638 cr. wins, supporting its FY27 revenue target of Rs.3000 cr. Outlook remains strong.

Transrail Lighting secured Rs.575 cr. fresh orders, taking total orders to Rs.16936 cr., with another Rs.400 cr. L1 position. Lower net debt and strong cash flow support a bright outlook.

Talbros Engineering posted 80% higher Q4 EPS of Rs. 18.8 and FY26 EPS of Rs.57.4. New capex plans and a forward P/E of 12.1x versus peers at 33x make it attractive.

Wise Travels India posted FY26 EPS of Rs.12.4 and cash EPS of Rs.32.3, with net debt-equity of just 0.27x. The stock appears cheap.

D.P. Abhushan reported 101% higher Q4 EPS of Rs.22.2 and FY26 EPS of Rs.93. Expansion into new stores supports growth, while P/E of 12.3x versus industry 58x signals upside.

DCB Bank has guided for 18-20% loan growth in FY27 and NIM expansion to 3.50-3.65%. FY26 EPS stood at Rs.23 and FY27 EPS may rise to Rs.27, while the stock trades at just 6.9x forward P/E.

Time Communications Publication.bs

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Manaksia Coated Metals & Industries witnessed a strong bullish breakout on 10 July 2026 with volumes of 4,50,759 shares. Technically, the stock looks attractive at Rs. 123 against its 52-week high of Rs.182.

Atlanta Electricals secured a Rs.285 crore order from Punjab State Transmission Corporation Ltd. for power transformers. It reported 70% higher FY26 PAT of Rs.202 crore, expanded EBITDA margin by 300 bps to 18.6%, became debt-free after repaying Rs.340 crore, and remains optimistic on FY27. The stock may surpass its 52-week high of Rs.2,200.

Butterfly Gandhimathi Appliances reported 40% higher FY26 PAT of Rs.45.64 crore. Strong promoter holding (75%), a successful brand revamp and the Golden Peacock Eco-Innovation Award 2026 strengthen its outlook. The stock looks attractive at Rs.731 against its lifetime high of Rs.1,903.

HFCL is undertaking Rs.950 crore capex and has launched OptiQ Al for Al-driven optical connectivity solutions. It recently secured a Rs.496 crore export order for data centre connectivity and continues to bid for major defence and telecom projects. Keep the stock on the radar.

Huhtamaki India has reserves of Rs.1,278 crore against equity of Rs.15 crore. Stock trades at a P/E of 14x, it paid a 100% dividend for FY26 and remains positive on FY27. The stock looks attractive at Rs.211 against its all-time high of Rs.452.

IOL Chemicals & Pharmaceuticals reported 158% QoQ PAT growth to Rs.53.16 crore in Q4FY26, while FY26 PAT rose 36% to Rs.137.64 crore. Promoters increased their stake by 9.66% over the last two quarters. With ongoing capex and strong growth guidance, a sustained move above Rs.203 could open the Rs.220-230 range.

IRB Infrastructure Developers reported 28% YoY growth in June gross toll collections, indicating healthy traffic momentum. Keep the stock on the radar.

Jumbo Bag reported 158% higher FY26 PAT of Rs.8.36 crore with an EPS of Rs.9.98 and declared a 7.5% dividend. Promoters increased their stake, while capacity expansion and solar investments are underway. The stock may surpass its 52-week high of Rs.105.

Manaksia Coated Metals & Industries reported 164% higher FY26 PAT of Rs.40.69 crore. Backed by a robust order book, strong Alu-Zinc demand and ongoing capacity expansion, the company remains confident of achieving its FY29 growth targets. Q1FY27 results are due on 14th July, followed by an analyst meet on 15th July. The stock looks attractive at Rs.123 against its 52-week high of Rs. 182.

Morepen Laboratories is a leading API and formulations player with exports to over 90 countries. It recently received USFDA clearance with NIL Form 483 and secured a Rs.825 crore CDMO order, with another Rs.225 crore expected in Q2FY27. The stock looks attractive at Rs.61 against its lifetime high of Rs.222.

Pennar Industries reported FY26 PAT of Rs.180 crore and secured Rs.902 crore worth of orders in the last three months. Promoters are investing Rs.50.40 crore through warrants, while Bandhan Mutual Fund has raised its stake. The stock looks attractive at Rs.172 against its 52-week high of Rs.280.

Rajesh Power reported FY26 PAT of Rs.143 crore with EPS of Rs.80, P/E of 11 and ROCE of 48.6%. Its order book stands at Rs.2,925 crore, supported by recent order wins worth Rs.865 crore and entry into Battery Energy Storage Systems (BESS). The stock looks attractive at Rs.865 against its 52-week high of Rs.1,639.

VA Tech Wabag continues to strengthen its order book with major projects in Austria, UAE and India, taking its backlog to around Rs. 19,800 crore. The company has also entered the waste-to-energy segment and remains well-positioned for further Gulf orders. The stock recently hit a new high on strong volumes and can deliver decent returns.

YES Bank has received its first-ever S&P Global Ratings coverage with a BB+ (Stable) long-term and B short-term issuer credit rating, strengthening its credit profile. Keep the stock on the radar.

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MONEY TIMES TALK

14.7.26



Although Money Times recommendation have outperformed other media, stock brokers and research houses, the brief recommendations under Money Times Talk (MTT) cannot display 'BUY', 'SELL' or 'HOLD' recommendations. Readers should, therefore, exercise their own judgement and evaluate the future prospects of the stock given its past performance, industry prospects in the backdrop of a growing economy and in consultation with their investment adviser.

As per astrology view, key turning dates are 14th, 16th, 20th, 22, 27th, 29th and 31 July 2026. Stock-specific volatility may remain high till 18 August, so trade and invest with strict stop-losses.

In a large bulk trade on 7 July 2026, reputed foreign fund Polunin Emerging Markets Small Cap Fund LLC bought 44,19,222 shares of IOL Chemicals & Pharmaceuticals at Rs.166.65. The stock may hit a double century in the short to medium term.

Successful trading is a game of probabilities, not certainties. Every trader must decide whether the goal is to satisfy the ego or grow the bank account, because the market rewards only one.

Out of India's top 500 companies, around 111 have delivered 20% CAGR over 20 years, far ahead of the US at 17 companies and China at 13. Also, 68 Indian companies have generated over 20% dollar returns, compared with 17 in the S&P 500 and just one each in China and Japan, reinforcing India's long-term compounding story.

Investors should remain alert that unlisted shares carry a six-month lock-in after listing.

Friday night closing: Dow +150 pts., Nasdaq +75 pts., S&P +32 pts. and Gift Nifty -34 at 24,200, signalling a flat to negative opening for Indian markets on Monday, subject to no adverse weekend developments. Till August-end, focus on growth-oriented stocks with strong Q1FY27 results and optimistic Q2FY27 guidance rather than Nifty, Sensex or Bank Nifty.

As per market grapevine, stocks to watch include Anantraj, Atlanta Electricals, Butterfly, HFCL, HSCL, Huhtamaki, IOL Chemicals & Pharmaceuticals, Jumbo Bag, Manaksia Coated Metals, Morepen Labs, Nahar Polyfilm, BSE SME Rajesh Power, RBL Bank, Talbros Engineering, Univastu, VA Tech Wabag, Vodafone Idea and Yes Bank.

Wisdom for wealth creation: A great company does not always make a great investment if bought at the wrong price. Valuation matters as much as business quality. More importantly, wealth is often created by holding quality investments patiently while reviewing them every three months through both technical and fundamental analysis.

All-time highs remind investors that buying a good company alone is not enough. Stocks like 1) HFCL: 2578 (8 Mar 2000). 2) Yes Bank: 404 (20 Aug 2018). 3) MMTC: 1310 (15 Jan 2010). 4) IB Housing: 1283 (29 Jan 2018). 5) Vodafone: 123 (17 April 2015). 6) Suzlon: 379 (9 Jan 2008). 7) Zee Ent: 822 (23 Feb 2000). 8) Adani Total: 4000 (23 Jan 2023). 9) Adani Energy: 4236 (16 Sept 2022). 10) Paytm: 1955 (18 Nov 2021). 11) TTML: 290 (12 Jan 2022). 12) Bandhan. Bank: 741.8 (9 Aug 2018). 13) Rajesh Exports: 1030 (6 Feb 2023). 14) Vaibhav Global: 1050 (10 May 2021). 15) Sterlite Tech: 415 (24 Jan 2018). 16) Uco Bank: 152 (22 Nov 2010) are still below their lifetime highs, highlighting the importance of proper entry, exit and periodic portfolio review.

HSBC has lowered its average gold price forecasts to US4,925/oz for 2027. It expects gold to trade in the US$3,800-4,700/oz range through the rest of 2026. The outlook is neutral to slightly negative for gold-related stocks despite prices remaining historically elevated.

Bullish breakouts with strong volumes were seen on 10 July 2026 in Butterfly, Huhtamaki, IOL Chemicals & Pharmaceuticals, Jumbo Bag, Manaksia Coated Metals, Morepen Labs, Pennar Industries, BSE SME Rajesh Power and VA Tech Wabag. Keep these stocks on the radar.

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VIJAY KEDIA is betting big this time on CYBER SECURITY theme

Here are 3 new stocks he added:

🔹️ TechD Cybersecurity: 5.26% stake Stock already +58% since entry

🔹️Sattrix Information Security: 8-10% stake Entered via preferential allotment

🔹️Exato Technologies: 4.71% stake Entered before IPO.

(No buy/sell recommendations only sharing for educational purpose)

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SBI Funds IPO

Holding SBI shares? Here's how to claim your special quota

https://shorturl.at/zrnIE

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SBI FUNDS MANAGEMENT IPO!

India's Largest Fund House Comes To D-Street!
India’s First $1bn IPO Of 2026!

SBI Funds Management IPO
Price band set at Rs 545-Rs 574
Face Value At Rs 1/share
IPO size is Rs 11690 cr
IPO is Entirely OFS-10% stake (20.4cr shares)
Market Capitalization At Rs 1.17lk Cr (Top Price Band)
Retail Quota Is 35% of total IPO issue

Important Dates
Anchor Book Opening-July 13
IPO Opening-July 14
IPO Closing-July 16
Allotment Date-Near July 18

Who Are The Sellers?
Stake OFS     Stake OFS (Shares)
SBI Funds    6.3%                     12.8cr
Amundi         3.7%                     7.5cr

SBI Shareholders-What You Should Know!
Even 1 Share Counts!
Shareholder Quota for SBI Investors holding stock as on RHP Date-8 July
Shares reserved are 1.31cr (6.4% of total IPO issue)
Maximum allowed bid is Rs 2lk
Those bidding in Shareholder Quota can also bid in any of the Retail/HNI Quota
Along with Shareholder+ Retail / HNI.

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