SAKAR HEALTHCARE: CO RECEIVES 14 ONCOLOGY PRODUCT NEW APPROVALS IN THE EU (EUROPE), UK AND CANADA WITH 7 BUSINESS PARTNERS
MARUTI SUZUKI: AUGUST TOTAL SALES RISE 21% YoY TO 2.19 LAKH UNITS 🚀
🚗 Total sales increased 21.3% YoY to 2,19,220 units in August 2026 vs 1,80,683 units.
🇮🇳 Domestic sales including LCV surged 34.3% YoY to 1,80,078 units.
🚙 Domestic passenger vehicle sales jumped 34.8% YoY to 1,76,971 units.
🔥 Utility vehicle sales rose 46.3% YoY to 79,045 units, while passenger car sales increased 29.4% to 85,965 units.
🌍 Exports declined 7.4% YoY to 33,844 units, while sales to other OEMs fell to 5,298 units from 10,095 units.
📈 Apr–Aug FY27 total sales reached 11.43 lakh units, up 28.6% YoY, crossing the 1 million-unit milestone within the first five months of FY27.
🚗 Total sales increased 21.3% YoY to 2,19,220 units in August 2026 vs 1,80,683 units.
🇮🇳 Domestic sales including LCV surged 34.3% YoY to 1,80,078 units.
🚙 Domestic passenger vehicle sales jumped 34.8% YoY to 1,76,971 units.
🔥 Utility vehicle sales rose 46.3% YoY to 79,045 units, while passenger car sales increased 29.4% to 85,965 units.
🌍 Exports declined 7.4% YoY to 33,844 units, while sales to other OEMs fell to 5,298 units from 10,095 units.
📈 Apr–Aug FY27 total sales reached 11.43 lakh units, up 28.6% YoY, crossing the 1 million-unit milestone within the first five months of FY27.
EICHER MOTORS AUGUST MOTORCYCLE SALES UP 11% YoY TO 1.26 LAKH UNITS
• Total motorcycle sales: 1,26,479 units vs 1,14,002 — +11% YoY
• Up to 350cc & EV sales: 1,13,143 units — +15% YoY
• Above 350cc sales: 13,336 units — -13% YoY
• International business sales: 12,275 units — +10% YoY
• Apr–Aug FY27 total sales: 5,75,138 units — +23% YoY
• YTD up to 350cc sales grew 28%, while above 350cc declined 5%.
• August sales came in at 1.26 lakh units vs ~1.25 lakh estimated.
• Total motorcycle sales: 1,26,479 units vs 1,14,002 — +11% YoY
• Up to 350cc & EV sales: 1,13,143 units — +15% YoY
• Above 350cc sales: 13,336 units — -13% YoY
• International business sales: 12,275 units — +10% YoY
• Apr–Aug FY27 total sales: 5,75,138 units — +23% YoY
• YTD up to 350cc sales grew 28%, while above 350cc declined 5%.
• August sales came in at 1.26 lakh units vs ~1.25 lakh estimated.
DGFT AUTOMATES ISSUANCE OF FREE SALE & COMMERCE CERTIFICATES FOR EXPORTERS
Eligible FSC applications to be auto-approved on DGFT portal
Move aimed at easing compliance burden for exporters
Applications needing verification will be sent for manual scrutiny
DGFT to use risk-based checks; certificates can be flagged for review
FSCs issued for items not covered under Drugs & Cosmetics Act, 1940
Source PIB
Eligible FSC applications to be auto-approved on DGFT portal
Move aimed at easing compliance burden for exporters
Applications needing verification will be sent for manual scrutiny
DGFT to use risk-based checks; certificates can be flagged for review
FSCs issued for items not covered under Drugs & Cosmetics Act, 1940
Source PIB
LIC likely to raise Stake in NSE by, Up to 1% Post-Listing
LIC may buy 0.5-1% stake in NSE on the listing day
Purchase size will depend on NSE's listing valuation, & prevailing market conditions
LIC has opted not to sell its existing NSE stake in the IPO, in line with its long-term strategy
LIC may buy 0.5-1% stake in NSE on the listing day
Purchase size will depend on NSE's listing valuation, & prevailing market conditions
LIC has opted not to sell its existing NSE stake in the IPO, in line with its long-term strategy
GRAVITY INDIA APPROVES ₹90 CR QIP & EXPANDS BUSINESS OBJECTS
• Board approved a QIP to raise up to ₹90 Cr.
• Funds to be used for working capital and general corporate purposes, capped at 25%.
• Company plans to amend its MOA to include IT services, data centres and semiconductor businesses.
• 39th AGM scheduled for September 25, 2026.
• Record date: September 18, 2026; book closure: September 19–25, 2026.
• Ms. Arvind Sudra & Associates appointed as scrutinizer for the AGM.
• Board approved a QIP to raise up to ₹90 Cr.
• Funds to be used for working capital and general corporate purposes, capped at 25%.
• Company plans to amend its MOA to include IT services, data centres and semiconductor businesses.
• 39th AGM scheduled for September 25, 2026.
• Record date: September 18, 2026; book closure: September 19–25, 2026.
• Ms. Arvind Sudra & Associates appointed as scrutinizer for the AGM.
UNACADEMY CEO ON X
Unacademy Acquisition By UpGrad Closes At Just Over $200 Mn
We Raised At A Peak, But Sold At A Fraction Of That
Unacademy Mission Was To Democratise Education
Unacademy's Free Platform Created A Generation Of Celebrity Educators
₹400 Cr Topline, ₹900 Cr Cash; Chose UpGrad Deal Over Independence
Four ESOP Buybacks Created Real Value For Employees
Unacademy Acquisition By UpGrad Closes At Just Over $200 Mn
We Raised At A Peak, But Sold At A Fraction Of That
Unacademy Mission Was To Democratise Education
Unacademy's Free Platform Created A Generation Of Celebrity Educators
₹400 Cr Topline, ₹900 Cr Cash; Chose UpGrad Deal Over Independence
Four ESOP Buybacks Created Real Value For Employees
BONDADA ENGINEERING: CO FILES FOR MAIN BOARD MIGRATION, REPORTS ₹10,023 CRORE ORDER BOOK AND EXPANDS DEFENCE BUSINESS WITH SUBSIDIARY’S ₹2.10 CRORE ORDER BOOK
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NUVAMA ON SHILPA MEDICARE ;
INITIATES BUY | TP ₹1,200
• Values stock at 40x Sep-28E EPS.
• Estimates Revenue / EBITDA / PAT CAGR of 25% / 33% / 39% over FY26–29E.
• Formulations & biologics could contribute ~60% of revenue by FY29E, driven by key product launches.
• After aggressive capex, Shilpa Medicare has entered the monetisation phase.
• Growing CDMO pipeline and rHA-Albumin commercialisation provide growth visibility beyond FY29E.
INITIATES BUY | TP ₹1,200
• Values stock at 40x Sep-28E EPS.
• Estimates Revenue / EBITDA / PAT CAGR of 25% / 33% / 39% over FY26–29E.
• Formulations & biologics could contribute ~60% of revenue by FY29E, driven by key product launches.
• After aggressive capex, Shilpa Medicare has entered the monetisation phase.
• Growing CDMO pipeline and rHA-Albumin commercialisation provide growth visibility beyond FY29E.
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INDIAN HOTEL , ITDC , ITC HOTEL
🟢
DELHI HOTELS FARES SURGE
Major hotels sold out during BRICS Summit
Hotel rates up over 100% week on week: Ixigo
🟢
DELHI HOTELS FARES SURGE
Major hotels sold out during BRICS Summit
Hotel rates up over 100% week on week: Ixigo
TVSMotor: Total Sales At 6.16 Lk Units Vs Nomura Est Of 6.53 Lk Units (YoY)
⏩Total Sales Up 21% At 6.16 Lk Units Vs 5.09 Lk Units (YoY)
⏩2-wheeler Sales Up 21% At 5.91 Lk Units Vs 4.90 Lk Units (YoY)
⏩EV Sales At 59,453 Units Vs 25,138 Units (YoY)
⏩3W Sales Up 34% At 25,103 Units Vs 18,748 Units (YoY)
⏩Intl Sales Up 29% At 1.74 Lk Units Vs 1.35 Lk Units (YoY)
⏩Total Sales Up 21% At 6.16 Lk Units Vs 5.09 Lk Units (YoY)
⏩2-wheeler Sales Up 21% At 5.91 Lk Units Vs 4.90 Lk Units (YoY)
⏩EV Sales At 59,453 Units Vs 25,138 Units (YoY)
⏩3W Sales Up 34% At 25,103 Units Vs 18,748 Units (YoY)
⏩Intl Sales Up 29% At 1.74 Lk Units Vs 1.35 Lk Units (YoY)
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BROKERAGE CALLS – TARGETS & RATINGS
• HDB Financial Services — Neutral | TP ₹760
• Archean Chemical — Buy | TP ₹655
• Fractal Analytics — Buy | TP ₹1,010
• HDFC Bank — Buy | TP ₹950
• InterGlobe Aviation — Buy | TP ₹6,020
• SBI Funds Management — Buy | TP ₹720
• HDB Financial Services — Neutral | TP ₹760
• Archean Chemical — Buy | TP ₹655
• Fractal Analytics — Buy | TP ₹1,010
• HDFC Bank — Buy | TP ₹950
• InterGlobe Aviation — Buy | TP ₹6,020
• SBI Funds Management — Buy | TP ₹720
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AVIATION MINISTRY ORDERS DGCA AUDITS OF MAJOR AIRLINES AHEAD OF FAA SAFETY ASSESSMENT: TIMES NOW
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SHAYONA ENGINEERING WINS ₹4 CR CONSULTANCY ORDER
• Shayona Engineering received a service order worth ₹4 Cr from a domestic customer.
• Order is for engineering review and technical consultancy services.
• Scope includes design review, technical specifications, calculations, equipment selection and engineering optimisation.
• Order to be executed within 6 months.
• Contract validity: August 28, 2026 to March 31, 2027.
• Promoter/promoter group has no interest in the awarding entity.
• Shayona Engineering received a service order worth ₹4 Cr from a domestic customer.
• Order is for engineering review and technical consultancy services.
• Scope includes design review, technical specifications, calculations, equipment selection and engineering optimisation.
• Order to be executed within 6 months.
• Contract validity: August 28, 2026 to March 31, 2027.
• Promoter/promoter group has no interest in the awarding entity.
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