OMKARA CAPITAL – DAILY NEWSLETTER (10th July 2026)
Well, the good news is that the fear that took place a few days back has subsided.
Stocks in news
- TCS 1QFY27 earnings review: In-line results with no incremental negative. Co saw fastest headcount increase in last 4 years
- Anand Rathi Wealth 1QFY27 earnings review: Inline Adjusted for ESOPs Cost & Fair value gains on Investments; Achieved ~24%/25% of FY27E revenue/PAT Guidance
- Dixon: Co & Vivo Mobile India sign a 51:49 JV agreement to manufacture electronic devices, including smartphones. Analysts say FY27 revenue could reach 64,000–72,000+ cr (30%+ growth vs base 15-17%), assuming timely approval and ramp
- SBI Fund Management IPO (hot IPO coming soon) – lot of interest from big investors
- Blue Jet Healthcare: ENAM & ICICI Pru take exposure in co via QIP
- Premier Explosives & Apollo Micro Systems: Apollo Micro Systems to acquire 41.33% stake from the promoter AKS Family Trust at Rs 698 per share and will launch an open offer at Rs 698
- Choice International: South Korean co to invest Rs 900 crore in co
- Muthoot Microfin Q1FY27 pre-quarter update: Disbursements at Rs 2,645cr, +49% YoY but down 8% sequentially due to seasonality. CE improves, signs of AQ staying intact. Collection Efficiency at 97.97%, up 497bps YoY and +157bps QoQ from 96.43% (Q4FY26)
- JPMorgan on Exide: OW, TP of Rs 485. See strong Q1, easing commodity cost, custom duty exemption and commercial production of Li-ion factory as key triggers
Well, the good news is that the fear that took place a few days back has subsided. Crude was down 3% yesterday & down nearly 5% over the last two days. Trump's threats, tantrums, noise, and narratives have become part of our lives, so we must learn to deal with them.
More importantly, apart from all the noise around, I think there is a huge appetite for mid-cap and small-cap stocks right now. We can see a lot of fund-raising and block deals, and a lot of new ideas floating around. People are now hunting for ideas and are very, very hungry wherever they see a huge opportunity over the next few years. I think investors' outlook is for the next few years, not just the next few days or weeks. That is how the mindset has evolved: investors really believe that to build big wealth, they have to focus on the next few years after two or three years of India's underperformance versus global markets.
Today, TCS earnings were in line with expectations. Anand Rathi Wealth continues to do well, and there is a ton of news, including pre-quarter updates from Muthoot Microfin which remains strong. You can also read about a lot of deals involving Apollo Micro and Choice International. So lot of news and buzz going around & ahead as well.
We have officially kicked off the earnings season with TCS, and next week will be very, very busy. It's Friday, so remain calm. Stick to your principles. It's a buzzing market. It's a super market. You just have to identify your picks, your stocks, your sectors, and write them down in a calm and peaceful way.
Warm regards,
Omkara Capital Private Limited
www.omkaracapital.in
Disclaimer: This newsletter is for informational purposes only and should not be construed as investment advice. Please consult your financial advisor before making any investment decisions.
