Lionel MESSI RETIRES FROM INT FOOTBALL

Argentinian football legend Lionel Messi announces that he is retiring from international football

The 39-year-old captained Argentina to successive FIFA World Cup finals, leading the team to 2022 title

STRONG Q1 RESULTS; MILKY MIST + 9.5 %

ASTER DM QUALITY CARE: CO. TO INVEST RUPEES 134.4 CR TO ADD 184 BEDS AT KIMSHEALTH TRIVANDRUM, EXPANDING CAPACITY TO 979 BEDS BY MAY 2028

NEOGEN CHEMICALS: CO. TO CONSOLIDATE ELECTROLYTE SALT BUSINESS UNDER NML THROUGH ₹245 CRORE UNDERTAKING TRANSFER, STRENGTHENING BATTERY MATERIALS STRATEGY

BAJAJ AUTO: AUGUST TOTAL SALES 535,764 UNITS VS 417,616 UNITS (YOY); EST 488,000

TATA STEEL:

CO. COMPLETES SALE OF JAMSHEDPUR FOOTBALL & SPORTING TO CHURCHILL BROTHERS; CONTINUES FOCUS ON GRASSROOTS SPORTS DEVELOPMENT

Quantity Freeze Limit For Indices Effective From Today ✅

PM MODI TELLS INDIANS NOT TO BUY GOLD

INDIA PM MODI URGES CITIZENS TO AVOID NON-ESSENTIAL FOREIGN TRAVEL. ( INDIGO )

SSWL: CO HAS RECORDED HIGHEST EVER MONTHLY NET TURNOVER OF RS 592 92 CRS IN AUGUST 2026, RECORDING GROWTH OF 54% YOY

STEEL STRIPS WHEELS: RECORDS GROWTH OF 53.62 % YOY AND A GROSS TURNOVER, OF RS. 687.51 CRS IN AUGUST 2026 AS AGAINST RS 475 06 CRS IN AUGUST 2025' THEREBY RECORDING A GROWTH OF 44.72 %YOY

NEW LISTINGS –

🚀 MBECL: ₹213 vs ₹10 — +2,030%

📈 HY-TECH ENG ₹75 vs ₹53 — +41.51%

📈 OWAIS: ₹81.05 vs ₹79.50 — +1.95%

➡️ MADHURKNIT: ₹100 — 0%

➡️ SYMBIOTEC: ₹988 — 0%

📉 ABH: ₹99 vs ₹102 — -2.94%

📉 SKYWAYS: ₹124 vs ₹138 — -10.14%

Happiest Minds!

Listed in Sep 2020: Issue price ₹166 ; Listing price ₹350
CMP ₹375

Within a year of listing, the stock hit approx ₹1,550, nearly 9x the issue price & over 4x the listing price. The company looked set for super times.

At its peak, Happiest Minds was valued at ~₹22000 cr+ but the deal with ITC is being done at ~₹6,170 cr which is just ~15% above its listing market cap.

In hindsight, booking profits on euphoric moves does work sometimes!

GAS STOCKS

Natural Gas Price Hike By 14.5% MoM To $9.00/mBtu In Sept

AUROBINDO PHARMA ARM INCORPORATES NEW WHOLLY OWNED SUBSIDIARY

• Apitoria Pharma, a wholly owned subsidiary of Aurobindo Pharma, has incorporated Avogent Lifesciences Pvt Ltd on August 31, 2026.

• Initial subscribed share capital: ₹5 Cr through 50 lakh equity shares of ₹10 each.

• Apitoria Pharma will hold 100% stake in Avogent Lifesciences.

• The new subsidiary will operate in the pharmaceutical sector.

• Avogent will undertake manufacturing and marketing operations in India and overseas markets.

• Investment will be made through 100% cash subscription to the share capital.

• No governmental or regulatory approval is required for the incorporation.

OLA:

BHAVISH SAYS DEALER STORES WILL GO LIVE JANMASHTMI THIS WEEK

KAYNES TECH, MUTHUKUMAR NARAYANASWAMY SAYS

Our Products Have Been Working Very Well, Don't See Any Issues w.r.t That

Standalone EMS Biz Is Doing Very Well

Will See Revenue Booking On Smart Meter Biz Only Once Receivable Improves

Planning To Reduce Receivables In Metering Biz By ₹400 Cr

Confident That The Receivable Situation Will Improve By Q4FY27

MUKKA PROTEINS:

CO. EXPANDS CIRCULAR BIO-ECONOMY FOOTPRINT: SCALING BENGALURU’S WET WASTE CONVERSION INTO HIGH-VALUE INSECT PROTEIN, OIL, COMPOST, AND HUMIC ACID

VENKATRAMAN NARAYANAN OF HAPPIEST MINDS TECH SAYS

Happiest Minds Is Valued At 15.1x EBITDA Vs 13.6x For ITC Infotech

ITC Infotech Is 2.17x Larger In Revenue & Profit, Has More Cash

ITC Will Hold Approx 74% Of The Combined Company Post-Integration

There Will Be No Open Offer Under The Current Transaction Structure

Combined Entity Is Targeting $1 Billion+ Revenue By FY28

Detailed Integration Discussions Have Not Yet Happened Yet