Aegis Vopak Terminals is set to raise ₹3,500 crore through equity. The funds will be used to repay debt and expand operations. The IPO will dilute promoter holdings. Recent financials show strong revenue and profit growth. Expansion plans at Mangalore and Pipavav ports are underway. The company’s valuation is currently high but expected to normalize after debt repayment.
Turnaround Story: 8 stocks shift from loss to profit in September ’26 quarter
A “Turnaround Story YoY” indicates that a company has moved from reporting a net loss in the corresponding quarter last year to posting a net