CSTM (Chandu Stock Market News)

🔷 🟢 CV INDUSTRY – GROWTH SLOWING BUT STILL HEALTHY 🚛📉 🔷 🟢 WHAT’S HAPPENING? 👉 after a strong FY26, commercial vehicle (CV) sector is slowing down in FY27 ▪️ FY26 growth: ~11.7% (very strong) ▪️ FY27 expected: ~4–6% (normal growth) 👉 meaning: 🟢 not a crash, just cooling after strong rally 🔷 🟢 SEGMENT-WISE VIEW ▪️ LCV (small trucks): 3–5% growth 🟢 ▪️ M&HCV (big trucks): 5–7% growth 🟢 ▪️ Buses: 7–9% growth (strongest) 🟢 🔷 🟡 WHY GROWTH IS SLOWING? ▪️ industry already had strong rebound 📈 ▪️ now entering normal cycle ▪️ not a negative situation 🔷 🔴 RISKS TO WATCH ▪️ oil price increase ⛽ ▪️ weak rural demand 🌾 ▪️ monsoon impact 🌧️ ▪️ tight loan availability (financing) 💰 🔷 🟢 KEY DRIVER OF INDUSTRY 👉 depends on: ▪️ infrastructure spending 🏗️ ▪️ freight movement 📦 👉 if these strong → CV demand strong 🔷 🎯 FINAL VIEW 👉 short term: growth slows (neutral) 🟡 👉 long term: demand still strong 🟢 🔷 🟢 FINAL LINE 👉 “CV sector is not weak — just moving from high growth to stable growth” 🚛📊

🔷 🟢 VISHNU CHEMICALS PRODUCTS – WHERE USED? 🔷 🟢 1. BARIUM CARBONATE 🧪 👉 used in: ▪️ ceramics & tiles 🏠 (improves strength & finish) ▪️ glass industry 🪟 (better clarity & durability) ▪️ bricks 🧱 (removes impurities) ▪️ electronics components 📱 👉 simple: used in building + industrial materials 🔷 🟢 2. STRONTIUM CARBONATE ⚡ 👉 used in: ▪️ TV & display screens 📺 ▪️ ferrite magnets 🧲 (used in motors, speakers) ▪️ fireworks (red color) 🎆 ▪️ ceramics 🏺 👉 simple: used in electronics + magnets + displays 🔷 🟢 3. DMSO (Dimethyl Sulfoxide) 💊 👉 used in: ▪️ pharma medicines 💊 ▪️ drug manufacturing (API) ▪️ pain relief creams ▪️ chemical solvent (factory use) 👉 simple: very important in pharma + chemical industry 🔷 🟢 4. CHROMIUM CHEMICALS ⚙️ 👉 used in: ▪️ steel & stainless steel 🏗️ ▪️ leather tanning 👞 ▪️ paints & pigments 🎨 ▪️ wood preservation 🌳 👉 simple: used in metal + leather + industrial coatings 🔷 🎯 FINAL SIMPLE LINE 👉 “All products used in core industries – construction, pharma, electronics, steel” 🟢 👉 that’s why demand is strong

🔷 🟢 VISHNU CHEMICALS – CONCALL KEY TAKEAWAYS 🚀🟢 ▪️ Barium Carbonate 🟢 ▪️ EU imposed 84% anti-dumping duty on China ▪️ Strong demand from Europe, US, Japan ▪️ 10–15% price hike done → more gradual increase ahead 🟢 ▪️ Strontium Carbonate 🟢 ▪️ Operational from Q2 ▪️ Utilization at 20–25% (low) ▪️ Plan to scale up next year 🟢 ▪️ DMSO & Chromium Expansion 🟢 ▪️ R&D ongoing from last 2 years ▪️ Focus on niche + import substitution products ▪️ Forward integration strategy 🟢 ▪️ CAPEX PLAN 🟢 ▪️ FY26: ₹150 Cr ▪️ FY27: ₹300 Cr ▪️ Total: ₹450 Cr ▪️ Funded via internal accruals + debt ▪️ Asset turn: 1.5–1.8x ▪️ Target EBITDA margin: 20% by FY28 🟢 🔷 🟢 FINAL VIEW 👉 Strong demand + pricing power + expansion = Positive outlook 🟢📈 🛑 Disc: Notes are for information purpose only. No recommendation to buy/sell/hold.

🟢 PACE DIGITEK LTD – STRONG ORDER INFLOW UPDATE ₹6,459 CR 📊🚀 ▪️ 🟢 Total Order Inflow: ₹6,459 Cr (FY26) ▪️ 🟢 Energy Segment Leads: ₹5,814 Cr (Major Driver) ▪️ 🟢 Telecom Segment: ₹645 Cr (Stable Contribution) 🟢 ENERGY BUSINESS – KEY GROWTH ENGINE ⚡ ▪️ Focus on Battery Energy Storage (BESS) + Renewable Projects ▪️ Strong Positioning In India’s Energy Transition ▪️ Order Mix: ▪️ 🟢 BOO Contracts: ₹2,455 Cr (42%) – Long-Term Annuity Income ▪️ 🟢 EPC Contracts: ₹3,048 Cr (52%) – Strong Execution Visibility ▪️ 🟢 Supply Contracts: ₹311 Cr (6%) – Supports Near-Term Revenue 🟢 STRONG CLIENT BASE 🤝 ▪️ Government Clients: NTPC, SECI, MAHAGENCO, KPTCL, KREDL ▪️ Telecom/Infra Clients: BSNL, Tata Teleservices, RailTel, Indian Railways 🟢 TELECOM SEGMENT – STABLE CASH FLOW 📡 ▪️ Driven By O&M, Equipment Supply, Infrastructure Projects ▪️ Provides: ▪️ Recurring Revenue ▪️ Stable Execution ▪️ Operational Continuity 🟢 BUSINESS MODEL STRENGTH ⚙️ ▪️ Balanced Mix Of BOO + EPC + Supply Contracts ▪️ Ensures: ▪️ Long-Term Revenue Visibility ▪️ Near-Term Execution ▪️ Scalable Growth 🟢 MANAGEMENT COMMENT 🎯 ▪️ FY26 Is A Pivotal Year For Energy Expansion ▪️ Strong Order Book Reflects Execution Strength And Client Trust ▪️ Focus On Disciplined Growth In Energy Sector 🟢 FINAL TAKE ▪️ Strong Shift Towards Energy-Led Growth ▪️ Diversified Order Book = High Visibility + Stability ▪️ Positioned For Sustained And Scalable Growth 🚀 ♻️ Repost For More Updates 🛑 Disclaimer: This Is An Investor Update, Not Investment Advice

🔷 🟢 PENNAR INDUSTRIES – BIG INVESTOR ENTRY 🚀 ▪️ Pennar Industries Limited ▪️ Bandhan MF increased stake 📈 ▪️ Shares: 66,90,651 → 68,10,651 ▪️ Mode: Open market buying 🔷 🟢 WHAT THIS MEANS 👉 mutual fund is buying more shares 👉 shows confidence in company future 🔷 🟢 IMPACT 🟢 positive sentiment 🟢 strong investor interest 🟢 possible long-term growth signal 🔷 🎯 FINAL LINE 👉 “Smart money increasing stake = positive signal for Pennar Industries” 🟢📈

#AMAGIMEDIA LABS LIMITED: ANNOUNCES STRATEGIC PARTNERSHIP WITH ADAMS TO ACCELERATE DIGITAL TRANSFORMATION IN LATIN AMERICA; COMBINES CLOUD BROADCASTING TECHNOLOGY WITH MANAGED SERVICES; TARGETS MODERNIZATION OF TELEVISION CHANNELS AND CONTENT OWNERS.

MARINE ELECTRICALS – SECURES ₹16.9 CR ORDERS ⚡ • 📦 Total order inflow of ₹16.9 Cr (excl. taxes) • 🏗️ Order from Afcons Infrastructure – power distribution systems (6–8 months) • 🚢 Order from Knowledge Shipyard – switchboards & electrical equipment (4–5 months) • ⚙️ Order from Udupi Cochin Shipyard – diesel generator supply (22 months) • 🚫 No promoter interest; not a related party transaction 🟢 Impact: Positive (Order inflow + revenue visibility)

🔷 🟢 SG FINSERVE – FUTURE GUIDANCE 🚀 HIGH GROWTH + ZERO NPA STORY 🔷 🟢 GROWTH & RETURNS TARGET 📈 ▪️ AUM growth → 25–30% CAGR 🚀 ▪️ PAT growth → 30–35% CAGR 🔥 ▪️ ROA → 4.5% – 5% ▪️ ROE → 14% – 16% ▪️ Cost/Income → 13% – 17% (efficient) ▪️ NPAs → NIL 🟢 (very strong) 👉 meaning: ▪️ high growth + clean asset quality 🔷 🟢 CORE BUSINESS FOCUS 🎯 ▪️ main focus = supply chain finance ▪️ lending to vendors, dealers & distributors 👉 meaning: ▪️ company finances entire business ecosystem (end-to-end) 🔷 🟢 PRODUCT EXPANSION (WHAT THEY OFFER) 💼 ▪️ vendor finance ▪️ dealer/distributor finance ▪️ invoice financing ▪️ purchase order financing ▪️ factoring & TReDS ▪️ deep tier financing 👉 simple: ▪️ gives loans at every stage of business cycle 🔷 🟢 PRODUCT & BUSINESS EXPANSION 🚀 ▪️ scale supply chain finance + deep tier lending ▪️ grow factoring + invoice finance + TReDS ▪️ launch Micro LAP + digital lending 👉 meaning: ▪️ entering more loan segments = more revenue 🔷 🟢 PARTNERSHIPS & NEW BUSINESS 🤝 ▪️ expand into new geographies 🌍 ▪️ strengthen co-lending with banks/NBFCs ▪️ explore ARC, AIF (new financial services) 👉 meaning: ▪️ faster growth with partnerships 🔷 🟢 DIGITAL & AI FOCUS 🤖 ▪️ use AI + digital lending systems ▪️ improve loan approval (underwriting) ▪️ better collections efficiency 👉 meaning: ▪️ faster loans + lower risk 🔷 🟢 BIG TAKEAWAY 💥 👉 high growth plan + diversified lending + zero NPA focus 🔷 🟡 REALITY CHECK ⚠️ ▪️ fast growth NBFC = risk if NPAs rise ▪️ execution must be strong 🔷 🟢 FINAL LINE 👉 “SG Finserve building full supply-chain lending ecosystem → high growth potential 🚀 but watch asset quality”

🔷 🟢 WHAT THIS NEWS MEANS ▪️ Govt added safeguard duty (11–12%) on imported steel ▪️ purpose → stop cheap Chinese/import steel 👉 result: ▪️ imported steel becomes expensive ▪️ Indian companies get advantage 🔷 🟢 WHY STEEL COMPANIES PROFIT ↑ 📈 ▪️ steel prices rising 18–25% due to duty ▪️ imports may fall ~50% ▪️ Q4 = seasonally strong demand 👉 meaning: 🟢 profit per ton increases 🟢 sales improve 🔷 🟢 FOR BIG STEEL COMPANIES (SAIL, JSW, TATA) 👉 VERY POSITIVE 🟢🟢🟢 ▪️ higher pricing power ▪️ strong margin expansion

CAMS, KFin Tech Vs NSDL, CDSL: Axis Capital sees up to 26% upside in 2 stocks but limited gains in 2 market ‘backbone’

🔷 🟢 RASHI PERIPHERALS – BIG STRATEGIC EXPANSION INTO SEMICONDUCTORS 🚀💻🔥🔥 🔷 🟢 WHAT HAPPENED (SIMPLE) 👉 Rashi Peripherals Limited is expanding business ▪️ new india company → Rashi Semiconductor Solutions Pvt Ltd ▪️ invest up to ₹80 Cr 💰 ▪️ new singapore company → global expansion 🌍 ▪️ buying RP Tech Electronics Ltd (100%) ▪️ small cost now (₹1 lakh) + future investment ₹10 Cr 🔷 🟢 WHAT THIS MEANS (EASY) 👉 company moving from IT products distributor → semiconductor / electronics player 👉 semiconductor = ▪️ chips, components, electronics supply chain ▪️ high-growth future sector 📈 🔷 🟢 WHY THIS IS POSITIVE 🟢 1. ENTERING HIGH-GROWTH INDUSTRY ▪️ semiconductor demand booming (AI, EV, electronics) 🟢 2. GLOBAL EXPANSION (SINGAPORE) ▪️ better access to international markets 🟢 3. FUTURE BUSINESS SCALING ▪️ higher margin potential vs normal distribution 🔷 🟡 BUT RISKS 🔴 new business → execution risk 🔴 semiconductor is competitive & capital-heavy 🔴 returns may take time 🔷 🟢 FINAL VIEW 👉 “Strategic long-term positive move, not immediate profit impact” 👉 short term → neutral 👉 long term → 🟢 strong opportunity if execution is good

Refex Industries Limited has bagged a new contract for the transportation of pond ash to NHAI PWD road construction sites. This is a significant development for the company as it boosts its order book and revenue streams🔥🔥 #RefexIndustriesLimited 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: - 𝗢𝗿𝗱𝗲𝗿 𝗩𝗮𝗹𝘂𝗲: The contract is valued at approximately ₹32.45 Crore, inclusive of GST. - 𝗡𝗮𝘁𝘂𝗿𝗲 𝗼𝗳 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁: Transportation of pond ash. - 𝗔𝘄𝗮𝗿𝗱𝗶𝗻𝗴 𝗘𝗻𝘁𝗶𝘁𝘆: A Maharatna Public Sector Undertaking (PSU). - 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝗼𝗻 𝗣𝗲𝗿𝗶𝗼𝗱: The order is to be executed within 1 year and is extendabl for an additional 6 months.

🔷 🟢 SG FINSERVE – EXPLOSIVE Q4 GROWTH 🚀 PROFITS SURGE ~80% | STRONG MOMENTUM CONTINUES ▪️ TOTAL REVENUE: ₹105.41 Cr vs ₹54.09 Cr ▪️ +94.86% YoY 🔥 | +22.79% QoQ 📈 ▪️ PBT: ₹56.21 Cr vs ₹31.07 Cr ▪️ +80.87% YoY 🔥 | +30.56% QoQ 📈 ▪️ PAT: ₹42.27 Cr vs ₹23.79 Cr ▪️ +77.65% YoY 🔥 | +30.17% QoQ 📈 ⸻ 🔷 🟢 WHAT’S DRIVING THIS? ▪️ aggressive loan growth 📊 ▪️ strong interest income expansion 💰 ▪️ operating leverage kicking in ⚙️ 🔷 🟢 BIG TAKEAWAY 👉 near 2x revenue + ~80% profit jump = clear high-growth phase 🚀 🔷 🟢 FINAL VIEW 👉 strong results + momentum intact → re-rating candidate if asset quality stays clean 💥

🔷 🟢 MOSCHIP BIG DEAL 🚀 – GAME CHANGER🔥🔥🚀🚀 🔷 🟢 WHAT HAPPENED? ▪️ MosChip Technologies buying 73% stake in ▪️ Vayavya Labs ▪️ Deal size = ₹245 Cr 💰 ▪️ Payment = cash + shares (mix) 🔷 🟢 WHAT DOES VAYAVYA DO? (VERY IMPORTANT) ▪️ works in semiconductor + automotive software + embedded tech ▪️ revenue ~₹83 Cr (growing fast) ▪️ global presence (USA, Europe, Japan) 🌍 👉 simple: ▪️ they design software + systems for chips & vehicles 🔷 🟢 WHY MOSCHIP BUYING THIS? ▪️ move from low-level work → high-value engineering 🟢 ▪️ increase revenue + EBITDA 🟢 ▪️ global expansion 🌍 🟢 ▪️ stronger end-to-end tech capability 🟢 👉 company clearly said: ▪️ this will boost growth + margins 🔷 🟢 KEY POSITIVE POINTS 🟢 1. HIGH GROWTH TARGET COMPANY ▪️ revenue: 38 Cr → 55 Cr → 64 Cr → 83 Cr (fast growth) 🟢 2. EBITDA POSITIVE (PROFITABLE BUSINESS) ▪️ management confirmed “EBITDA accretive” 🟢 🟢 3. GLOBAL BUSINESS EXPOSURE ▪️ forex revenue increasing → strong export opportunity 🟢 🟢 4. STRONG CLIENT MODEL ▪️ long-term contracts → stable income 🟢 🟢 5. FUTURE FULL CONTROL PLAN ▪️ remaining 27% buy after 2028 → full ownership 🟢 🔷 🔴 RISKS (DON’T IGNORE) 🔴 1. BIG ACQUISITION SIZE ▪️ ₹245 Cr is large → execution risk 🔴 2. SHARE DILUTION ▪️ new shares issued → existing shareholders diluted 🔴 3. INTEGRATION RISK ▪️ merging two companies → time + challenges 🔴 4. DEPENDENCE ON TECH DEMAND ▪️ semiconductor cycle ups & downs 🔷 🎯 FINAL IMPACT (VERY IMPORTANT) 🟢 BUSINESS IMPACT: STRONG POSITIVE 🟢 GROWTH IMPACT: HIGH 🟡 SHORT TERM STOCK: VOLATILE 🔴 RISK LEVEL: MEDIUM 🔷 📊 HOW MUCH POSITIVE? 👉 overall impact: 🟢 7.5 / 10 POSITIVE 🔷 🟢 SIMPLE ONE LINE 👉 “MosChip is upgrading from small player → global tech engineering company” 🚀

🔷 🟢 DEFENSE STOCKS – BIG UPDATE 🚀 ▪️ DRDO will give missile production to private companies (DCPP model) ▪️ private firms will work directly with DRDO 👉 impact: ▪️ more orders 🟢 ▪️ long-term contracts 🟢 ▪️ high margin business 🟢 👉 beneficiaries: ▪️ Solar Industries ▪️ Premier Explosives ▪️ Apollo Micro 🔷 🎯 FINAL 👉 big long-term positive for defense stocks 🟢

🔷 🟢 TARC – SALES & CASH FLOW Q4 UPDATE 🏗️ 🔷 🟢 1. SALES (REVENUE) 💰 ▪️ FY26 sales = ₹1,373 Cr ▪️ Q4 sales = ₹396 Cr 👉 meaning: ▪️ company sold properties worth this amount ▪️ higher sales = good demand 🟢 🔷 🟢 2. BUSINESS CASH FLOW 💵 (VERY IMPORTANT) ▪️ FY26 cash flow = ₹1,132 Cr ▪️ Q4 cash flow = ₹223 Cr 👉 meaning: ▪️ actual money received from customers ▪️ not just booking, real cash coming in 🟢 🔷 🟢 3. WHY CASH FLOW IMPORTANT? 👉 real estate example: ▪️ sales = flats booked ▪️ cash flow = money collected 👉 if cash flow high: ▪️ company gets liquidity ▪️ can repay debt ▪️ can start new projects 🔷 🟢 4. GOOD OR BAD? ▪️ sales strong 🟢 ▪️ cash flow also strong 🟢 👉 very important point: ▪️ cash flow almost equal to sales → very healthy 🔷 🎯 FINAL VIEW 👉 strong demand + strong cash collection = positive 🟢 🔷 🚀 ONE LINE 👉 TARC is not only selling projects but also collecting real cash — strong financial health signal 🟢

Repco Home Finance: Whiteoak Capital Mutual Fund bought 3.47 Ik shares for 384 per share.

🔷 MUKUL AGRAWAL – SHAREHOLDING UPDATE 📊🟡 ▪️ 🟡 UNIFIED DATA-TECH SOLUTIONS LTD ▪️ stake unchanged at 5.25% → 5.25% ▪️ steady holding – no fresh action ▪️ 🟡 YATHARTH HOSPITAL & TRAUMA CARE SERVICES LTD ▪️ stake unchanged at 1.14% → 1.14% ▪️ holding intact – neutral stance 🟡 FINAL TAKE ▪️ no buying or selling ▪️ stable portfolio – wait & watch mode ♻️ repost for more smart money tracking 🛑 not investment advice

🔷 ICICI PRUDENTIAL LARGE & MIDCAP FUND – QUICK UPDATE 📊🟢 ▪️ 🟢 IRCTC LTD ▪️ stake increased from 1.28% → 2.61% 📈 ▪️ big accumulation (~133 bps) 👉 positive signal – strong institutional confidence ♻️ repost for more updates 🛑 not investment advice

🔷 MOTILAL OSWAL FUNDS – SMART MONEY MOVES 📊🔥 ▪️ 🟢 MOTILAL OSWAL LARGE & MIDCAP FUND → WAAREE ENERGIES LTD ▪️ stake increased to 1.97% (new entry) 📈 ▪️ fresh buying – strong interest in solar/renewable theme ☀️⚡ ▪️ 🟢 MOTILAL OSWAL FOCUSED FUND → MTAR TECHNOLOGIES LTD ▪️ stake increased from 2.61% → 3.07% 📈 ▪️ clear accumulation – high conviction in defence/space play 🚀 🟢 INSIGHT ▪️ capital shifting towards high-growth sectors ▪️ renewable energy + defence manufacturing in focus 🟢 FINAL TAKE ▪️ 🟢 fresh entry (Waaree) + increased bet (MTAR) ▪️ indicates bullish stance on emerging themes ♻️ REPOST FOR MORE SMART MONEY TRACKING 🛑 disclaimer: shareholding data, not investment advice