🇮🇳 India Daybook: Manipal Health Lists, KEI Industries Profit Jumps 40%

📍 EARNINGS

• KEI Industries: The company reported a 40.05% year-on-year (YoY) increase in Q1 FY27 profit after tax (PAT) to ₹2.74 billion. Revenue from operations grew 23% YoY to ₹31.85 billion, driven by robust demand in the Wires & Cables segment.
• Uniparts India: The company is scheduled to hold its Q1 FY27 earnings conference call today. It recently declared an interim dividend of ₹9 per share with a record date of August 12.
• GE Shipping: Shares are in focus today as the market reacts to the company's latest quarterly financial results and outlook for the shipping industry.

📍 ORDER WIN

• Praj Industries: Its subsidiary, Praj GenX, has signed a global supply agreement for hyperscale data centers. The deal has a committed business value of ₹500 crore.
• KP Energy: The company announced a further expansion of its renewable energy portfolio, targeting new projects in the wind energy segment to bolster its long-term pipeline.

📍 IPO & LISTING

• Manipal Health Enterprises: Shares of the healthcare giant are scheduled to list on the BSE and NSE today. The IPO was the second billion-dollar public issue of 2026 and saw strong investor participation.
• Ardee Industries: The ₹426-crore IPO for the energy storage product recycler opens for public subscription today. The company plans to use the proceeds for capacity expansion and debt repayment.
• Anawil Wire & Engineering: The IPO for this windmill tower manufacturer closes for bidding today. As of yesterday afternoon, the issue had already been subscribed nearly 7 times.
• Juniper Green Energy: Following the allotment finalization, shares are expected to be credited to the demat accounts of successful bidders today, ahead of tomorrow's listing.

📍 ACQUISITION & DIVESTMENT

• Kirloskar Pneumatic: The company has officially completed the acquisition of a 99.49% stake in KSEA, effective from the current week.
• Endurance Technologies: The firm announced the successful completion of the sale of its Italy-based subsidiary, Veicoli Srl, as part of its strategic portfolio realignment.

📍 CORPORATE ACTION

• PC Jeweller: The company has repaid outstanding debt to two additional consortium banks under its settlement agreement. It has now prepaid seven out of 14 consortium banks ahead of the scheduled timeline.
• Trent & Bajaj Finance: These stocks are among the top buzzing counters today following significant buying interest in the previous session.

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News

Tags: India Daybook Stocks in News Corporate News Stock Market Company News