Between the Lines: Signals from the Concall Room Permanent Magnets: "...The demand from our customers in the West is healthy, and based on current projections, we expect EV demand to remain at similar level for the rest of the financial year..." Oriental Rail Infrastructure: "...Indian Railways require a minimum of around 35,000 to 40,000 wagons every year for replacing the old wagons whose life are, it would be over, plus the new addition in to increase the capacity..." Shriram Finance: "...India's Drought Monitor said September 23rd that 51.2% of India's geographical area was abnormally dry and, or worse. The India's weak monsoon is beginning to weigh on rural consumption ahead of crucial festive season, with companies seeing pressure on demand for entry-level, two-wheeler and cars, discretionary FMCG products, and also consumer appliances..." Tata Motors: "...CV passenger registered H1 market share of 41.1%, up 500 basis points over FY26, reflecting a strong momentum across the segment..." Coforge: "...In Q2, we signed 8 large deals. This is the highest number of large deals we have signed in any quarter in our history. Equally importantly, in Q3, which has now started, which incidentally is the shortest quarter of the year, we hope to again sign 8, if not more, large deals..." Torrent Pharmaceuticals: "...12% is the market growth [for IPM], this year so far. We think this market growth is likely to sustain for the rest of the year, and perhaps from next year it may drop a little bit, say 1-2%, but minimum 10% is what we think should continue from here on as well..." Shree Cement: "... consolidated EBITDA per ton declined to ₹966 from ₹1,055 a year ago, primarily due to higher fuel costs..." Westlife Development: "...This quarter, we delivered our strongest performance in 13 quarters and with double-digit growth in both guest count and samestore sales. Sterlite Technologies: "...our open order book stands at record ₹35,274 crore, up 4.6 times from ₹7,687 crore at the start of this financial year..." Trishakti Industries: "...See, ₹60 and ₹65...that was our guidance [for FY27]...But as of last quarter, our ARR was 72...So maybe if these machines are deployed in Q3, then from December quarter, like from December month FY27 to FY28 Q3, you will be able to see that our ARR has gone up to even 120 crores..." CG Power and Industrial Solutions: "...our orders remain robust with 90% growth year over year, and order book strengthened further at ₹21,820 crores..." Ador Welding: "...approximately 80% of the reason that you're seeing a gross margin dip has to do with quite severe inflation in costs across the board..." My partner in this crime: @concall_in