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...
0

Stock to Watch Amid Market Volatility – Key Trends Investors Should Know

 

As market volatility continues to grip investors, certain stocks remain in focus despite broader downside trends. One such stock is Inox India, which recently made history by becoming the first Indian company to receive the prestigious IATF 16949 certification for cryogenic fuel tank manufacturing. However, despite this milestone, Inox India shares fell 2% on February 24, trading at Rs 897 in the afternoon session.

Inox India: A Historic Achievement Amid Market Weakness

The IATF 16949 certification, issued by Bureau Veritas Certification, is a globally recognized quality standard for automotive OEM suppliers. This certification validates Inox India’s robust quality management systems for designing and manufacturing insulated cryogenic fuel tanks. The achievement followed a rigorous audit of the company's facility in Kalol, Panchmahal, Gujarat.

Stock Performance & Key Metrics

  • Market Cap: ₹ 8,167 Cr.
  • Current Price: ₹ 900
  • 52-Week High/Low: ₹ 1,507 / ₹ 884
  • Stock P/E: 41.0
  • Book Value: ₹ 82.7
  • Dividend Yield: 0.00%
  • ROCE (Return on Capital Employed): 43.1%
  • ROE (Return on Equity): 32.7%
  • Face Value: ₹ 2.00

Despite its impressive financial metrics, including a strong ROCE of 43.1% and ROE of 32.7%, the stock continues to experience pressure. Investors may view this as a potential opportunity to assess its long-term growth prospects given its leadership position in cryogenic equipment manufacturing.

What’s Driving Market Weakness?

The broader market decline, triggered by concerns around US economic slowdown data, has led to significant selling pressure across various sectors. Inox India, despite its significant achievement, has not been immune to the prevailing negative sentiment.

Should Investors Consider Inox India?

Given the company’s strong financials, pioneering industry position, and newly acquired certification, long-term investors might find this market dip an opportune time to accumulate shares. The certification enhances the company’s credibility as a global supplier, potentially opening doors to increased business opportunities in the automotive and energy sectors.

As the market remains turbulent, investors should closely monitor developments in the stock, along with broader economic indicators that could impact overall market sentiment.

Location:Nainital Uttarakhand ,India India

Comments

Post a Comment