Upcoming IPOs: Milky Mist Dairy Food, Dhoot Transmission, Molbio Diagnostics & 5 Others Set to Open Next Week; 8 Listings Scheduled

The Indian primary market is gearing up for a busy week ahead. Multiple mainboard and SME issues are scheduled to open for subscription between August 10 and 14, 2026, while several companies are expected to make their stock market debut. Here is a complete look at the key IPOs opening next week and the listings lined up. Mainboard IPOs Opening Next Week 1. Dhoot Transmission The largest issue of the week, Dhoot Transmission aims to raise approximately ₹3,067 crore. The price band is set at ₹829–871 per share. Bidding opens on August 10 and closes on August 12. The issue includes a fresh component of ₹1,400 crore and an offer for sale of about ₹1,667 crore. Minimum lot size is 17 shares (around ₹14,807 at the upper end). Listing is tentatively scheduled for August 17. 2. Molbio Diagnostics Molbio Diagnostics will open on August 10 and close on August 12. The issue size is around ₹940 crore (₹200 crore fresh issue + ₹740 crore OFS). Price band: ₹768–807. Lot size is 18 shares (mi...

Hitachi Energy Q3 Results: Strong Performance with 498% Profit Growth

Hitachi Energy is a global leader in power and energy solutions, specializing in sustainable and innovative energy solutions for industries and utilities. The company is a subsidiary of Hitachi Ltd. and operates across multiple regions, delivering advanced grid solutions, high-voltage transmission systems, and digital automation technologies. With a strong focus on sustainability and carbon-neutral technologies, Hitachi Energy plays a crucial role in accelerating the transition towards a cleaner and more efficient energy future.

Key Financial Highlights:

  • Net Profit: ₹137.4 Cr, up 498% YoY, up 163% QoQ

  • Revenue: ₹1,620.3 Cr, up 27% YoY, up 4% QoQ

  • EBITDA: ₹166.91 Cr, up 145% YoY, up 52% QoQ

  • Margins: 10.30% vs 5.33% (YoY), 7.06% (QoQ)

Market Performance & Valuation:

  • Market Capitalization: ₹43,393 Cr.

  • Current Price: ₹10,231

  • 52-Week High/Low: ₹16,550 / ₹5,614

  • Stock P/E: 138

  • Book Value: ₹331

  • Dividend Yield: 0.04%

  • Return on Capital Employed (ROCE): 17.8%

  • Return on Equity (ROE): 12.7%

  • Face Value: ₹2.00

Growth Drivers & Business Outlook:

Hitachi Energy’s strong Q3 performance reflects its continued focus on technological advancements, operational efficiency, and a growing global footprint. The significant 498% YoY profit surge is a testament to the company’s strategic expansion and cost optimization efforts. The increase in EBITDA by 145% YoY showcases higher profitability and improved margins, demonstrating effective management and demand for its high-tech solutions.

The company's future outlook remains promising with investments in renewable energy projects, digitalization, and grid automation, aligning with global trends of energy transformation. With governments and industries investing heavily in sustainable power solutions, Hitachi Energy is well-positioned to capitalize on these opportunities and continue delivering value to shareholders.

Summary:

Hitachi Energy delivered an exceptional Q3 performance, with net profit surging by 498% YoY and 163% QoQ. Strong revenue growth of 27% YoY and improved margins indicate enhanced operational efficiency. The robust 145% YoY rise in EBITDA showcases the company’s ability to drive profitability. With a P/E ratio of 138 and solid returns on capital and equity, investors are closely monitoring the company’s valuation and long-term growth potential.

As Hitachi Energy continues its mission to innovate and lead in the energy sector, stakeholders can anticipate sustained growth and expansion into newer markets.

Stay tuned for further market updates on Hitachi Energy’s performance.

Comments