Overview
- MIC Electronics set a December 1 EGM to seek approval to raise up to ₹250 crore via QIP and up to USD 15 million through FCCBs, with shares trading near ₹51 in early action.
- RDB Infrastructure signed an addendum on November 8 to its MoU for five solar sites near Nagpur, lifting the EPC value to ₹276 crore for 52 MW (AC) or 65 MW (DC), and the stock inched higher.
- Servotech Renewable reported weaker Q2 FY26 results, with standalone PAT down 69.91% to ₹227.23 lakh and consolidated PAT down 91.32% to ₹39.51 lakh, and the stock fell over 9% intraday.
- After a choppy week, the Sensex and Nifty declined as seven of India’s top-10 companies by market value shed a combined ₹88,635 crore, while LIC, SBI and Bajaj Finance added about ₹35,961 crore.
- Aaj Tak highlighted eight penny and small-cap multibaggers with year‑to‑date gains into the thousands of percent, led by RRP Semiconductor at a reported 6,252%, and noted rising FPI stakes in select mid/small caps over recent quarters.