US SENATE CLEARS RUSSIA SANCTIONS BILL, INDIA FACES FRESH 100% TARIFF RISK

The U.S. Senate has passed legislation that would give President Trump authority to impose tariffs of up to 100% on major buyers of Russian oil and gas, potentially including India and China. The Senate vote was 86–11.

8th August 2026 Q1FY27 Results Snapshot:-

✅ Decent / Good / Blockbuster👏👍🔥
1) Hoac Foods India (SME) (Blockbuster)
2) Lumax Industries (Decent)
3) Affle 3i (Consistent)
4) Akums Drugs (Good) (Margin Expansion) (CDMO EBITDA up 36.8% YoY)
5) J.G. Chemicals (Decent)
6) Shaily Engineering Plastics (Healthcare Revenue up 85%)
7) Ambika Cotton Mills (Decent)
8) Nitin Spinners (Margin Expansion)
9) Ceigall India (Good)
10) Rushil Decor (Laminate Volume up 27.9%) (MDF Volume up 0.7%)
11) Apollo Micro Systems
12) Atul Auto (Solid) (3W sales 9,878, up 42.56% YoY)
13) Orbit Exports (Margin Expansion)
14) BCC Fuba India (Solid) (Margin Expansion)
15) IKIO Technologies
16) Commercial Syn Bags
17) Shree Vasu Logistics

❌ Bad / Poor / Weak 😠😡🤬
1) Advanced Enzyme Technologies (Margin down)
2) Mawana Sugars (Margin down)
3) RNFI Services (SME) (Margin down)
4) TVS Electronics (Margin down)
5) Delhivery (Margin down) (Express Parcel Shipments 322 Mn, up 55.2%) (PTL Freight Tonnage 542K MT, up 18.4%)
6) HBL Engineering (Margin down)
7) Mangalam Cement (Margin down)
8) Windsor Machines (Margin down)
9) Divine Hira Jewellers (SME)
10) Salzer Electronics (Margin down)
11) Power Mech Projects (Margin down)
12) Mishtann Foods
13) Oswal Pumps
14) RDB Infrastructure and Power
15) Studds Accessories (Margin down)(Margins were impacted by elevated styrene-based raw material prices, higher employee costs and a lag in passing on cost increases)(full benefit of price increases is yet to be reflected. With raw material prices moderating from July, management expects margins to recover over the coming quarters)(Management expects EBITDA margin to improve to around 14–15% in Q2FY27E and 18–20% by Q4FY27E, assuming commodity prices remain stable)

➖ Mixed / Neutral / Average🙄🆗😑
1) Pritika Auto Industries (Margin down)
2) Greenpanel Industries (Margin Expansion) (MDF domestic volumes up 12%) (MDF total volumes down 2.3%) (MDF blended realization up 11.4%)
3) Andhra Sugars (Margin Expansion)
4) Captain Polyplast
5) Aditya Birla Fashion and Retail (Margin down) (Pantaloons revenue up 10%) (Luxury portfolio grew 30% YoY)
6) Anant Raj (Margin Expansion)
7) Indo Farm Equipment
8) IFGL Refractories (Margin down)
9) Medi Assist Healthcare Services
10) Eveready Industries (Revenue up 11.9% led by strong alkaline battery performance and a recovery in carbon zinc batteries)(Alkaline battery volumes up ~48%) (Carbon zinc battery volumes up ~1%) (Commercial production commenced at India's only operational alkaline battery facility)
11) Sundaram Brake Linings (Revenue down but Margin Expansion)
12) PNC Infratech
13) Jaro Institute of Technology (Lower interest cost aided PAT growth)
14) Banco Products
15) Roto Pumps
16) Kiran Vyapar (No view)
17) Unifinz Capital India (No view)
18) Colab Platforms (No view)

Sky Gold and Diamonds
#SkyGold
Solid Q1FY27 with highest ever revenue, EBITDA, PBT and PAT in comps history
Good QoQ and YoY uptick across all parameters
Rev at 2012cr vs 1131cr, Q4 at 1912cr
EBITDA at 157cr⏫120% YoY, ⏫ 12% QoQ
PBT at 135cr vs 59cr, Q4 at 118cr
PAT at 105cr vs 44cr, Q4 at 86cr
Expects 180-225cr OCF for FY27
FY27 guidance revised upwards:
Rev target of 8100cr with OPM at 7-7.5%
FY30 target:
Rev of 18,000-19000cr with 5.25% NPM

Quality Power Electrical Equipments Limited Q1FY27 Results:-

Revenue 232.67 Cr vs 176.72 Cr
(+31.66% YoY┃-17.14% QoQ)

EBITDA 40.99 Cr vs 31.00 Cr
(+32.20% YoY ┃+35.34% QoQ)

EBITDA Margin 17.62% vs 17.54% YoY & 10.78% QoQ

PBT 59.42 Cr vs 44.29 Cr
(+34.18% YoY┃+11.12% QoQ)

PAT Before Share of JV & Associates 45.63 Cr vs 37.06 Cr
(+23.11% YoY┃-2.12% QoQ)

PAT 46.72 Cr vs 37.06 Cr
(+26.06% YoY┃-7.57% QoQ)

PAT After Minority interest 36.11 Cr vs 24.14 Cr
(+49.57% YoY┃+6.40% QoQ)

Other Income 23.71 Cr vs 17.36 Cr YoY & 28.97 Cr QoQ

GLAND PHARMA Q1: CONS NET PROFIT UP 47% AT ₹317 CR (YOY), DOWN 14% (QOQ)

REVENUE UP 20% AT ₹1,800 CR (YOY), UP 3% (QOQ)

EBITDA UP 33% AT ₹490 CR (YOY), DOWN 5% (QOQ)

MARGINS 27.2% V 24.4% (YOY), 29.4% (QOQ)

TD Power Systems Ltd Q1FY27 Results:-

Revenue 640.05 Cr vs 371.90 Cr
(+72.10% YoY┃+8.63% QoQ)

EBITDA 121.63 Cr vs 68.83 Cr
(+76.71% YoY ┃+24.30% QoQ)

EBITDA Margin 19.00% vs 18.51% YoY & 16.61% QoQ

PBT 116.89 Cr vs 67.39 Cr
(+73.46% YoY┃+18.43% QoQ)

PAT 86.29 Cr vs 50.07 Cr
(+72.33% YoY┃+19.53% QoQ)

Other Income 2.62 Cr vs 3.97 Cr YoY & 8.08 Cr QoQ

Super strong *Tax collections FY27TD*

- Apr 1-Aug 10 gross direct tax collection INR 9.548 tln, up 19.8%

- Apr 1-Aug 10 net direct tax collection INR 8.113 tln, up 23.1%

- Apr 1-Aug 10 direct tax refunds INR 1.435 tln, up 3.8%

- Apr 1-Aug 10 net corporate tax collection INR 2.705 tln, up 19.8%

- Apr 1-Aug 10 STT collection INR 338.24 bln, up 51.3%

- Apr 1-Aug 10 direct tax collection 30.1% of FY27 Budget target

https://x.com/i/status/2089128940908519580

The cost of servicing US debt is the highest in decades:

On Thursday, the US government sold $25 billion of 30Y Treasury bonds at a 5.216% yield, the highest auction yield since 2001.

This follows a $42 billion auction of 10Y Treasury notes on Wednesday that resulted in a 4.683% yield, the highest since 2007.

Previously, on July 9th, the government sold 30Y Treasury bonds at a 5.058% yield, the highest since 2007, highlighting the worsening trend in US debt financing costs.

By comparison, yields on the same-maturity Treasury auctions were below 2.00% during the 2020 pandemic.

This comes as investors are demanding more compensation to finance the US government's ever-growing deficit.

In July, the US Treasury’s budget deficit surged +$141 billion YoY, to $432 billion, the largest July total in history.

The US debt crisis is entering uncharted territory.

To understand the opportunities In CDMO space, this website is really making it easy… lot of money to be made in this space

Oneleveldeeper.in

C: Vamsi

MSCI REBALANCING: ETERNAL SEES BIGGEST INFLOW

Expected Inflows

• Eternal: $674M
• Adani Enterprises: $202M
• Adani Ports: $77M
• JSW Energy: $34M
• Adani Power: $28M
• GMR Airports: $22M
• Swiggy: $13M

Expected Outflows

• Reliance Industries: $523M
• Jio Financial Services: $61M
• Indian Hotels: $32M
• Aditya Birla Capital: $21M
• Colgate-Palmolive India: $16M

Axis Securities sees 28% UPSIDE in Pitti Engineering Ltd.- Capacity Expansion & Value-Added Mix to Drive Growth; Maintain BUY

Citi Research sees 45% UPSIDE in Divi's Laboratories- Validation Drives Strong Beat, Commercial Volumes Can Transform Earnings Trajectory; Raise TP to Rs11,700

🟢Treasury has announced US Govt will buy back debt instruments.

US 30 Yr yield falls 🔻
Crude falls 🔻
Positive for equity and precious metals 🔥

*🚨 FIRST CAS MANIPULATION CASE FOUND*

SEBI has passed an *ex-parte interim order* against an FPI and a local stockbroker, alleging prima facie manipulation of the *Closing Auction Session (CAS)* on *13 August* and wrongful gains of around *₹3.67 crore*.

*What happened?*

📌 *Sensex Weekly Expiry*
During the auction:
• Sensex moved *362 points in just 2 seconds*
• Then moved another *405 points in 28 seconds*

*1️⃣ Copthall Mauritius*

• Accounted for *86.6%* of the total gross buy value in the auction.
• Placed buy orders across all *30 Sensex stocks* at exactly *3% above the reference price* — the maximum permitted band.
• After the index moved, it cancelled around *₹98 crore* of orders.
• It held *Long Calls + Short Puts* for the expiry.

💰 Cash market cost: *₹57 lakh*
💰 Derivatives profit: *₹2.96 crore*

*2️⃣ Mansi Share & Stock Broking*

• Placed around *₹145 crore* of sell orders below the reference price.
• The orders allegedly helped keep the index lower while it exited its *Long Put* positions.
• Around *99%* of these orders were cancelled within just *3 seconds*.
• The cancellation itself moved the Sensex by around *233 points*.

⚠️ *Important Point:*

No individual order violated the CAS rules.

• *3% price band* was permitted.
• *Order cancellation* was also permitted.

However, SEBI's allegation is that the *intent and pattern of orders*, when viewed along with the participants' derivatives positions, amounted to *market manipulation*.

🔍 *SEBI's View:*
SEBI detected the activity within *6 days* and has indicated that CAS may actually make such unusual activity easier to identify compared with the earlier closing mechanism.

*But the bigger question is:*

❓ Has CAS made manipulation easier — even though it may also make manipulation easier to detect?

⚠️ *For Traders:*
CAS is still a relatively new market mechanism. On expiry days, avoid assuming that the *3:15–3:20 PM price is the final settlement price.*

*Closing auction movements can materially impact option P&L.*

Himadri picked up bankrupt Birla Tyres in 2023 for Rs 347 Cr

Banks had lent Rs 1,100 Cr, got back Rs 316 Cr. Plant was shut, making nothing. In its first full year after the restart, FY26, it did Rs 187 Cr in revenue. Now Himadri wants to grow it to Rs 3,000 Cr, roughly 16x from today.

Spending Rs 1,200 Cr on new equipment, adding 400 new tyre types, building fresh capacity for EV and SUV car tyres by FY28. Paid bargain price, investing heavily to rebuild.

Why would a chemical company buy a tyre brand?

Because Himadri already makes carbon black, which is what goes into making tyres. It also makes coal tar pitch, an anode material for batteries, and is now building cathode material plants. Carbon chemistry connects all of it.

Tyres need carbon black. EV batteries need anode and cathode compounds. Himadri supplies raw materials for both from the same factories. So buying Birla Tyres is not a random side bet. It is selling finished goods instead of just selling inputs.

Higher margins, more control over pricing :)

Himadri had Rs 315 Cr in debt in FY22 and earned 6% return on capital. By FY26 it became debt-free with Rs 121 Cr net cash and 32% return on capital.

Q1 FY27 profit grew 27%, Plans to hit Rs 1,100 Cr profit by FY28, funded entirely from own cash flow, no banks needed. Also building first large LFP cathode battery material plant outside of China.

Coal tar trader to EV materials maker without debt