Markets
Order wins, business updates, regulatory decisions and the broader market moves behind them.
Smartworks shares rise 5.5% on fresh Rs 235 crore rental wins from enterprise clients
Smartworks shares rose after it disclosed ~INR 235 crore in incremental contracted rental revenue from enterprise expansions, adding to a ~INR 5,400 crore base.
TPL Plastech shares rise 4.6% on new Bhuj IBC capacity and revenue boost
TPL Plastech shares rose 4.6% to Rs 82.52 after it announced that its subsidiary has started IBC manufacturing at Bhuj, adding 1,50,000 units of capacity and a projected ₹100 crore in revenue.
Glenmark Pharma up 4.2% on US FDA nod for generic spray targeting $295m market
Glenmark Pharma shares rose 4.2% after US FDA cleared its generic Flonase nasal spray, opening access to a roughly $295.2 million reference market in the US.
Strides Pharma jumps 8.3% after USFDA clears flagship Bengaluru plant
Strides Pharma Science shares jumped after the USFDA issued an EIR with a VAI outcome for its Bengaluru flagship plant, closing out a May inspection with five observations.
Sedemac Mechatronics up 3.7% after India Ratings upgrades to IND A on strong growth, credit metrics
Sedemac Mechatronics shares rose 3.7% after India Ratings upgraded its bank loans to IND A/Stable, citing a 35% FY21-26 revenue CAGR, stronger margins and robust coverage.
Ugar Sugar Works jumps 11.1% after CareEdge upgrades rating on sharp profit turnaround
Ugar Sugar Works’ shares jumped 11.1% after CareEdge upgraded its long-term rating to CARE BBB-; Stable, citing a sharp FY26 profit turnaround and better liquidity.
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