Over the last two weeks, there has been a noticeable improvement in the market — both in the final week of July and the first week of August. The primary reason is that even as geopolitical tensions persist, there is no shortage of inflows into the market. The dollar is also hovering around 95, which … Read more
A Delhi-based healthcare logistics and workforce services company opens its Rs 93.90 crore NSE SME Emerge issue on August 13 Credent Connect n Care Ltd. (CCCL), a provider of sample transportation, phlebotomy services and diagnostic workforce solutions to healthcare institutions across India, opens for subscription on August 13 with the issue closing on August 17. … Read more
One of India’s largest metal roll producers opens its Rs 301.62 crore mainboard issue on August 12 Behari Lal Engineering Ltd. (BLEL) sits at a specialised corner of the Indian iron and steel industry. It is not a bulk steel producer competing on tonnage — it is a customised engineering solutions company that makes precision-engineered … Read more
A diagnostic services provider with 16 centres across 7 states opens its Rs 69.04 crore NSE SME Emerge issue on August 12 Pramodini Medicare Ltd. (PML), a provider of radiology, clinical laboratory and nuclear medicine services with 16 diagnostic centres across India, opens for subscription on August 12 with the issue closing on August 14. … Read more
A Haryana-based PU foam and mattress maker opens its Rs 40.48 crore BSE SME issue on August 11 Sham Foam Ltd. (SFL) makes polyurethane foam (PU foam), mattresses and allied home comfort products from a base in Haryana. It is a fairly young company — incorporated in June 2020 — that has scaled quickly and … Read more
A West Bengal-based readymade garment maker opens its Rs 66.98 crore NSE SME Emerge issue on August 11 — steady growth on paper, but the sharp profit jump from FY25 onwards deserves a closer look. A Barasat-based readymade garment manufacturer plans to raise Rs 66.98 crore via the NSE SME Emerge platform. Fascinate Textiles Ltd. … Read more
The Perundurai-based value-added dairy leader opens its Rs 1,553 crore mainboard issue on August 11 Milky Mist Dairy Food Ltd. (MMDFL), the maker behind branded paneer, cheese, curd, yogurt, ghee and ice cream under the ‘Milky Mist’ brand, opens for subscription on August 11 with the issue closing on August 13. Milky Mist Dairy Food … Read more
An electrical and electronics company that supplies wiring harnesses to nearly every major Indian two-wheeler and three-wheeler maker plans to raise Rs 3,066.89 crore via a mainboard listing on BSE and NSE. Dhoot Transmission Ltd. (DTL), a leader in wiring harnesses for the 2W, 3W and EV segments, opens for subscription on August 10 with … Read more
The maker of the Truenat point-of-care PCR platform opens its Rs 939.70 crore mainboard issue on August 10 — a rare Indian diagnostics story with global reach, and a WHO endorsement Molbio Diagnostics Ltd. (MDL), the developer of the Truenat portable PCR platform, opens for subscription on August 10 with the issue closing on August … Read more
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