DATE6 Aug
NIFTY 24,636 ▲ 0.05%BANK NIFTY 58,064 ▲ 0.56%NIFTY IT 31,106 ▼ 0.95%NIFTY PHARMA 26,565 ▲ 0.00%NAVINFLUOR 8,650 ▲ 13.67%FSL 294 ▼ 13.40%NEULANDLAB 21,543 ▲ 7.95%TATATECH 802 ▲ 6.31%MAZDOCK 2,530 ▲ 6.28%IKS 1,763 ▼ 6.10%HAL 4,920 ▲ 5.92%BLUESTARCO 1,571 ▼ 5.65%PINELABS 156 ▲ 5.56%SAREGAMA 528 ▼ 5.25%NIFTY 24,636 ▲ 0.05%BANK NIFTY 58,064 ▲ 0.56%NIFTY IT 31,106 ▼ 0.95%NIFTY PHARMA 26,565 ▲ 0.00%NAVINFLUOR 8,650 ▲ 13.67%FSL 294 ▼ 13.40%NEULANDLAB 21,543 ▲ 7.95%TATATECH 802 ▲ 6.31%MAZDOCK 2,530 ▲ 6.28%IKS 1,763 ▼ 6.10%HAL 4,920 ▲ 5.92%BLUESTARCO 1,571 ▼ 5.65%PINELABS 156 ▲ 5.56%SAREGAMA 528 ▼ 5.25%
Morning brief · Friday, 7 August 2026

ASM Tech's revenue soars with curiously little asset growth

Market pulse
Indian markets ended a mixed session nearly flat, with a rally in banking stocks just enough to offset a sharp sell-off in the technology sector. While the broader Nifty barely moved, individual stocks saw significant action, with Navin Fluorine surging over 13 percent while Firstsource Solutions tumbled by a similar margin.
From the investor's mind
One post worth your time, explained
Ishmohit Arora (SOIC)
@soicfinance · on X
DEE Development Engineers' Thailand facility is fully booked through FY29, a detail highlighted by Ishmohit Arora (SOIC). This full booking is anticipated to increase revenue from the unit to 170-200 crore from 130 crore in FY26, without requiring additional capital expenditure. The information stems from the DEE Development Engineers Q1FY27 Concall.
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Word in the street
What the wider market is buzzing about
ASM Technologies Ltd
M.cap ₹7,237 Cr
Investors are taking a hard look at ASM Technologies Ltd, a company with a market capitalisation of around 7,237 crore. The chatter is focused on what appears to be a significant increase in the company’s revenue that has come with only a small addition to its assets. This has led to conversations about the company’s efficiency and what its asset turnover might look like in the future. Some are looking ahead roughly two years, anticipating the completion of a large capital expenditure phase and speculating on the returns from these newly commissioned assets. For a few observers, the feeling is that the company's growth story may just be getting started.
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Yesterday's big moves
Indegene Limited
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Oxbow Master Fund Ltd, a foreign portfolio investor, bought 6,932,362 shares of Shadowfax Technologies Limited for ₹166.55 crore at ₹240.25 apiece in a bulk deal.
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Aditya Birla Sun Life Mutual Fund bought 8,821,600 shares of Meesho Limited for ₹164.08 Cr at ₹186.00 per share in a block deal on August 4, 2026.
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DSP Mutual Fund
DSP Mutual Fund increased its stake in Dodla Dairy from 6.64% to 7.16% by purchasing 3,12,168 shares in the open market on July 31, 2026.
Dredging Corporation of India Limited
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ASM Tech's revenue soars with curiously little asset growth · WhaleWatch