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R M Drip & Sprinklers Systems Ltd shares rose 4.98% to Rs 20.04. Q2 FY27 net profit fell 64.78% to Rs 1.87 crore, with revenue dropping 28.32% to Rs 28.95 crore. FY26 revenue rose 50.72% to Rs 197.38 crore, and net profit increased 45.14% to Rs 34.92 crore. The stock has fallen 58.16% in the last year.
Spectrum Electrical Industries Ltd. received CRISIL Ratings Ltd. reaffirmations and enhancements, including bank loan facilities increased from Rs. 250 Crore to Rs. 320 Crore, now rated Crisil A- /Stable (Long Term) and Crisil A2+ (Short Term). Other reaffirmed instruments include facilities totaling Rs. 250 Crore, Rs. 25 Crore, Rs. 40 Crore, Rs. 30 Crore, Rs. 25 Crore, Rs. 0.14 Crore, Rs. 1 Crore, Rs. 0.21 Crore, Rs. 2.34 Crore, Rs. 51.01 Crore, Rs. 100.3 Crore, Rs. 20 Crore, and Rs. 25 Crore. The rating letter is dated November 6, 2026.
Virinchi Limited will raise up to Rs 30 crore via a preferential allotment of 2,00,00,000 warrants at Rs 15 each, convertible into equity shares within 18 months. The board approved the move, pending shareholder approval at an Extraordinary General Meeting on December 10, 2026, and regulatory clearances. The board also approved financial results for the quarter and half-year ended September 30, 2026.
Sahyadri Industries Ltd. received credit rating upgrades and assignments from ICRA. Long-term fund-based instruments of Rs 75.00 crore and Rs 180.957 crore, and short-term non-fund-based instruments of Rs 143.5 crore and Rs 1435 were upgraded. ICRA also assigned ratings to facilities totaling Rs 179.75 crore from various banks, including HDFC Bank Limited and ICICI Bank Limited, all with a stable outlook and sensitivity label.
Kalyani Investment Company Ltd shares fell 2.94% to Rs 4346.25. Q2 FY27 net profit surged 4858.82% to Rs 33.72 crore, with revenue up 705.21% to Rs 47.91 crore. Profit before tax rose 60.46% year-on-year to Rs 43.42 crore. However, FY26 revenue decreased 0.22% to Rs 78.05 crore.
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