Shubham Upadhyay (@3rdaxisresearch) 's Twitter Profile
Shubham Upadhyay

@3rdaxisresearch

Third Axis Research | SMEs & Microcaps | Decode mgmt, results & market noise | Growing carrots, not chasing rabbits 🥕📈

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calendar_today28-07-2024 13:39:20

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Number of Trading Days in 2026 (till yesterday) : 24 Number of SME IPO in 2026 listed (till yesterday) : 24 That's 1 SME IPO listing everyday. This madness has to stop.

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SME CORPORATE UPDATES (Week 1- Feb 2026) Click here to Read in Detail: lawofinvesting.substack.com/p/icu-29-impor… 📋 ORDER/CONTRACT WINS • Monarch Surveyors - Rs. 22.79 cr - Railway survey & DPR work • Abhishek Integrations - Rs. 65.60 lakhs - ATC tower O&M, Dibrugarh • Sattrix InfoSec - Rs.

Shubham Upadhyay (@3rdaxisresearch) 's Twitter Profile Photo

SME UPDATES 📊 QUARTERLY/PERIODIC FINANCIAL RESULTS • Modis Navnirman – Q3 FY26: ₹54.4cr revenue (+70% YoY), ₹12.8cr PAT (+83% YoY); secured Borivali redevelopment mandate • K V Toys – Q3 FY26: ₹49cr revenue (+48.88% YoY); 700+ SKU portfolio; strategic acquisitions

Minerva Capital Research Solutions (@mcapital_in) 's Twitter Profile Photo

#KrishnaDefence: From milk cans to warship steel | SME Outlier (recently migrated to mainboard) in India's Defence Boom Deep dive into the journey of Krishna Defence & Allied Industries Ltd. as our equity research team Shubham Upadhyay breaks down full journey from listing to

#KrishnaDefence: From milk cans to warship steel | SME Outlier (recently migrated to mainboard) in India's Defence Boom

Deep dive into the journey of Krishna Defence &amp; Allied Industries Ltd. as our equity research team <a href="/LawofInvesting/">Shubham Upadhyay</a> breaks down full journey from listing to
Minerva Capital Research Solutions (@mcapital_in) 's Twitter Profile Photo

#CFFFluidControl: From component manufacturer to advanced solutions for naval and submarine systems, our equity research team Shubham Upadhyay breaks down full journey of a niche submarine & naval systems player riding: ✔ Naval modernization tailwinds ✔ Submarine ecosystem

#CFFFluidControl: From component manufacturer to advanced solutions for naval and submarine systems, our equity research team <a href="/LawofInvesting/">Shubham Upadhyay</a> breaks down full journey of a niche submarine &amp; naval systems player riding: 
✔ Naval modernization tailwinds 
✔ Submarine ecosystem
Shubham Upadhyay (@3rdaxisresearch) 's Twitter Profile Photo

My framework doesn't allow me to take punts, its better to sit out than participate in this madness. Not sharing the script name because I don't want to add to the speculation. People are free to guess.

My framework doesn't allow me to take punts, its better to sit out than participate in this madness. 

Not sharing the script name because I don't want to add to the speculation. 

People are free to guess.
Shubham Upadhyay (@3rdaxisresearch) 's Twitter Profile Photo

SME Updates (Week 3 - Feb 2026) 📦 Order Wins / Contract Awards • Sadhav Shipping | ₹7.35 Cr — 3-yr mooring contract, Chennai Port • SPP Polymer | ₹24.15 Cr — HDPE/PP sacks, Punjab govt food grains • Gabion Technologies | ₹3.82 Cr — Gabion boxes, BRO & others • E To E

Shubham Upadhyay (@3rdaxisresearch) 's Twitter Profile Photo

When Seasoned Investors like Mukul Agrawal, Sunil Singhania participate in an SME IPO (Yaap Digital), you pause. I did. No offence to anyone but WTF. Curious how others are thinking about it?

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So Maduro gets kidnapped, and Khamenei is dead. US is hitting its objectives even harder than before. The conclusion I can draw it that we are using AI which is palatable to the people, the real super intelligence has been achieved and its CLASSIFIED.

So Maduro gets kidnapped, and Khamenei is dead. 
US is hitting its objectives even harder than before. 

The conclusion I can draw it that we are using AI which is palatable to the people, the real super intelligence has been achieved and its CLASSIFIED.
Minerva Capital Research Solutions (@mcapital_in) 's Twitter Profile Photo

#AimtronElectronics: Why an SME Company Looks Like a Mainboard Company (But Isn't) Deep dive into the story of Aimtron Electronics Limited Aimtron Electronics Ltd. as our equity research team member Shubham Upadhyay explores a rising star in India's Electronic System Design and Manufacturing

#AimtronElectronics: Why an SME Company Looks Like a Mainboard Company (But Isn't)

Deep dive into the story of <a href="/aimtronindia/">Aimtron Electronics Limited</a> Aimtron Electronics Ltd. as our equity research team member <a href="/LawofInvesting/">Shubham Upadhyay</a> explores a rising star in India's Electronic System Design and Manufacturing
Shubham Upadhyay (@3rdaxisresearch) 's Twitter Profile Photo

SME UPDATES March 2026 Week-1 🏗️ Order Wins / New Contracts • Abha Power and Steel | ₹2.89 Cr — Railway OEM casting orders; 60-day execution; order book ₹22 Cr • Chiraharit | ₹1.07 Cr — Pipes & fittings for Sterling & Wilson, Gujarat • Anlon Technology Solutions | ₹0.33

Minerva Capital Research Solutions (@mcapital_in) 's Twitter Profile Photo

#BondadaEngineering: SME Multibagger: Bondada Engineering Deep Dive – From ₹42Cr IPO to Infra Giant? Is Bondada Engineering the ultimate SME outlier of this decade? Watch our video youtube.com/watch?v=emXErO… as our equity research team member Shubham Upadhyay breaks down the

#BondadaEngineering: SME Multibagger: Bondada Engineering Deep Dive – From ₹42Cr IPO to Infra Giant?

Is Bondada Engineering the ultimate SME outlier of this decade? 
Watch our video youtube.com/watch?v=emXErO… as our equity research team member <a href="/LawofInvesting/">Shubham Upadhyay</a> breaks down the
Shubham Upadhyay (@3rdaxisresearch) 's Twitter Profile Photo

SME UPDATES 📦 Order Wins & Contracts * Airfloa Rail Technology: ₹62.36 cr order. Railway coach items supply. * TAC Infosec: ₹1 cr order. Vulnerability management platform supply. * Master Components: ₹22.50 lakhs order. Auxiliary moulding equipment purchase. * Urban Enviro:

Minerva Capital Research Solutions (@mcapital_in) 's Twitter Profile Photo

#OBSCPerfection: From ₹56 Cr to ₹145 Cr Revenue & ₹1,242 Cr Order Book | SME Outliers Deep Dive youtu.be/s96qesVgzdE?si… in this video, our analyst Shubham Upadhyay deep-dives into OBSC Perfection Ltd. (NSE SME listed), a precision engineering company quietly building one of

Shubham Upadhyay (@3rdaxisresearch) 's Twitter Profile Photo

SME Corporate Announcements 📦 Order Wins & Purchase Orders - Aristo Bio-Tech | ₹4.73 Cr — 4 domestic agrochemical purchase orders - 3C IT Solutions | ₹8.58 Cr — desktop computers to KJ Infra - United Heat Transfer | ₹93 Lakh — shell & tube heat exchanger to Gardner Denver -