In this briefing: Primer: Maharashtra Seamless (MHS IN) - May 2026 GRSE’s Best Year: Breaking Records Maruti Suzuki FY26: Strong Performance, Capacity Ramp and Exports Drive Growth Ahead Eternal Limited: Blinkit’s Dominance Driving the USD 1Bn EBITDA Vision India Opens the Vault: 100% FDI in Insurance Changes the Game 1. Primer: Maharashtra Seamless (MHS IN) - May 2026 Maharashtra Seamless holds a dominant position in the Indian seamless pipes market with a 55% market share, positioning it as a key beneficiary of domestic infrastructure and energy sector capital expenditure. The company maintains a strong financial profile, characterized by a debt-free balance sheet, healthy cash flow generation, and a substantial liquid investment portfolio, providing significant operational and financial flexibility. Growth is supported by favorable government policies such as 'Make in India' and anti-dumping duties on Chinese imports, which protect domestic manufacturers and are expected to bolster volumes in both its core seamless and Electric Resistance Welded (ERW) pipe segments.