Manipal Health Enterprises plans to raise ₹8,000 crore through a fresh issue for debt repayment and expansion. The company’s revenue grew strongly in recent years, while margins faced pressure. Its occupancy rate declined, and geographic concentration is noted in Karnataka. The promoter group’s stake will decrease after the initial public offering. Investors may consider waiting for post-listing clarity due to aggressive pricing.
Adani Ports shares shed 3% after Q1 results. Here’s why Nomura and other brokerages see up to 24% upside
Adani Ports shares fell 3% after the company reported Q1 FY27 results. Net profit rose 9% year-on-year to Rs 3,620 crore, while revenue increased 18.5%