🇮🇳 India Daybook: HFCL Secures ₹106 Cr Export Order, Alembic Pharma Profit Jumps 29%

📍 ORDER WIN

• HFCL: The company has secured an export order worth $11.07 million (approx. ₹106 crore) for the supply of optical fiber cables to a leading international customer. The order is expected to be executed by August 2026.
• Vascon Engineers: The small-cap firm has bagged a construction contract worth ₹131.58 crore from Reliance Industries. The project involves building four structures at Reliance's Jamnagar facility as part of its expansion plans.

📍 QUARTERLY RESULTS

• Alembic Pharmaceuticals: Reported a 29% YoY growth in consolidated net profit at ₹202 crore for the March 2026 quarter. Revenue growth was driven by strong performance in the domestic and US generic markets.
• ITC Hotels: The company posted its Q4 FY26 results, showing robust operational performance with significant growth in PBT (up 62% YoY) and strong EBITDA margins, reflecting a recovery in the premium hospitality segment.
• Godfrey Phillips: Shares will be in focus following the announcement of its Q4 FY26 earnings, which highlighted steady volume growth in the cigarette segment.

📍 REGULATORY APPROVAL

• FDC Limited: The pharmaceutical company has received final ANDA approval from the USFDA for Cefixime for Oral Suspension (100 mg/5 mL and 200 mg/5 mL strengths). This approval expands its antibiotic portfolio in the US market.

📍 STRATEGIC MOVE

• Reliance Industries: The conglomerate is reportedly in talks with global battery giant CATL and other suppliers to source components for its upcoming battery energy storage systems (BESS) facility in Jamnagar.
• Aurobindo Pharma: The company remains in focus following recent USFDA approval for generic Dapagliflozin and Metformin tablets with 180-day exclusivity, strengthening its diabetes portfolio.

📍 CORPORATE ACTION

• Metropolis Healthcare: The company has fixed May 19, 2026, as the record date for its second interim dividend of ₹1 per equity share for FY26.
• Sammaan Capital: The company is scheduled to make timely interest payments on eight series of Secured Redeemable Non-Convertible Debentures (NCDs) today.

📍 IPO

• Teamtech Formwork Solutions: The SME IPO opens for subscription today, May 19, with a price band of ₹61–₹63 per share. The company aims to raise approximately ₹50.15 crore.
• Harikanta Overseas: The book-built issue on the BSE SME platform is currently active with a price band fixed at ₹91–₹96 per share.

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