This One Beat EBITDA Estimates, And The Stock Is Still Down From Its Peak

Zudio at 982 stores and accelerating into smaller cities, margins expanding 208 basis points, private labels at 73% of Star Bazaar revenue  Sometimes the most interesting moment to look at a quality retail business is not when everything is going right, but when the operating delivery is strong and the stock has corrected anyway. Trent’s … Read more

Leap India Ltd IPO: What You Should Know

India’s largest on-demand asset pooling player heads to the mainboard with a Rs 2,480 crore issue — a virtual monopoly business An asset pooling company with 14.70 million assets and over 1,000 customers plans to raise Rs 2,480 crore via a mainboard listing on BSE and NSE. Leap India Ltd. (LIL), the country’s largest on-demand … Read more

Optimystix Entertainment Ltd SME IPO: What You Should Know

The 25-year-old production house behind Comedy Circus, Crime Patrol and Baalveer opens its Rs 108.50 crore NSE SME Emerge  Optimystix Entertainment Ltd. (OEL) is one of India’s older content production houses, founded in 2000. Its business is straightforward — it creates and produces content for television, films and digital platforms — but the depth of … Read more

LAPL Automotive Ltd SME IPO: What You Should Know

An Aurangabad-based auto components maker opens its Rs 32.40 crore BSE SME issue  LAPL Automotive Ltd. (LAL) is an integrated auto components maker that supplies to a broad slice of the vehicle industry — passenger vehicles, commercial vehicles, two-wheelers and electric mobility. Its product basket is wider than most SME players in the space, covering … Read more

Technocraft Ventures Ltd IPO is Open: What You Should Know

A public infra EPC player with a Rs 1,235.90 crore order book has hit the market with a Rs 251.88 crore mainboard issue  Technocraft Ventures Ltd. (TVL), an EPC contractor working on water, wastewater, roads, transmission and urban infrastructure projects, is open for subscription. Technocraft Ventures Ltd. (TVL) is a public infrastructure EPC (Engineering, Procurement … Read more

Ardee Industries Ltd IPO: What You Should Know

One of India’s leading lead recyclers heads to the mainboard with a Rs 425.87 crore issue — riding a sharp jump in revenue and margins that investors will want to unpack. Ardee Industries Ltd. (AIL), one of India’s leading players in the recovery and recycling of end-of-life energy storage products and non-ferrous scrap, opens for … Read more

This Company’s Auto Volumes Were Spectacular, Not Its Margins

Revenue up 35.9%, domestic volumes up 34%, SUVs up 35% — but commodity inflation and a settlement cycle change crushed EBITDA by 18.7% versus estimates Maruti Suzuki’s Q1FY27 was a tale of two numbers. The volume and revenue story was genuinely impressive — 29.3% overall volume growth, domestic up 34%, SUVs up 35%, revenue beating … Read more

Anawil Wire & Engg Ltd SME IPO: What You Should Know

The windmill tower maker opens its Rs 177.81 crore issue on August 3 with a Rs 359 crore order book  Anawil Wire & Engg. Ltd. (AWEL), a maker of steel towers for wind turbine generators, opens for subscription on August 3 with the issue closing on August 5. The company is listing on NSE SME … Read more

Post Its IPO, Brokerage Initiates Coverage and Calls It a Global R&D First.

Sensor-less motor controls, integrated starter generators scaling, capacity tripling in 2HCY26 — HSBC initiates Sedemac Mechatronics post-IPO with a BUY and Rs 3,700 target, calling it a rare R&D-led compounder Sedemac creates mission-critical control systems — sophisticated electronics that manage how motors start, run and behave in conditions where failure is not acceptable. Its breakthrough … Read more