ALKEM

## **Stocks in News — 2nd July 2026** **

** – Alkem Laboratories received **favourable Income Tax Appellate Tribunal (ITAT) orders** for **AY2018-19 to AY2022-23**, resulting in the deletion of tax disallowances worth **₹660.77 crore**. The ruling reduces tax-related liabilities and removes a significant regulatory overhang. *(Positive)* ** ** – Medi Assist increased its stake in **Mayfair We Care** to **91.75%** through a **₹757 crore acquisition**, strengthening its healthcare services platform and expanding its presence in the managed healthcare ecosystem. *(Positive)* ** ** – Texmaco Rail & Engineering secured **two orders worth ₹351.16 crore** from **JSW South Rail Infrastructure Private Limited** and **Sushila Transport Private Limited**. The order win enhances revenue visibility, strengthens the execution pipeline, and reinforces the company's position in the railway equipment and EPC segment. *(Positive)*