akshit doshi

[NDTV Profit @NDTVProfitIndia]

In a landmark shift in India's property sector, Gautam Adani has overtaken DLF Chairman Rajiv Singh to become the country's wealthiest real estate entrepreneur for the first time, the 2026 GROHE-Hurun India Real Estate 150 report showed.

Adani and his family, whose wealth is anchored by Adani Properties, topped the real estate rich list with an estimated wealth of Rs 90,400 crore after a 73% jump over the past year.

Rajiv Singh and family slipped to the second spot with Rs 90,200 crore as their wealth declined 29% amid a broader correction in listed real estate stocks.

[Akash Chaudhary @Akash17971]

MILLWORKS TECHNOLOGIES SME IPO 💥🧾💥

IPO Opens: 14th July 2026
IPO Closes: 16th July 2026
Listing: 21st July 2026 (Tentative)
Price Band: ₹315–331
Current GMP: ₹400

Millworks Technologies is a precision engineering company manufacturing high-accuracy machined components, sheet metal parts and integrated assemblies used in Defence, Aerospace, Railways and Semiconductor industries.

The company operates under both Build-to-Print (BTP) and Build-to-Spec (BTS) models, allowing it to manufacture products exactly as per customer drawings or develop components based on performance specifications.

They currently operate 4 advanced manufacturing facilities in Bengaluru equipped with 3-axis, 4-axis & 5-axis CNC machining centres, CNC turning & turn-mill centres, Wire EDM, fibre laser cutting, CNC press brakes, welding stations and dedicated assembly & inspection facilities.

Business Segments
🔹 Defence
Manufactures missile airframe components, guidance system housings, hydraulic cylinder parts, structural brackets and several mission-critical precision components.

🔹 Aerospace
Manufactures precision machined components and sub-assemblies used in aero engines.

🔹 Railways
Manufactures train control components along with metro and railway door system components, actuators and precision assemblies.

🔹 Semiconductor
Supplies precision engineered components, machine base frames, fixtures, alignment plates and equipment housings used in semiconductor manufacturing equipment.

Some key strengths of the business:
1. Precision engineering capabilities across multiple materials.
2. High-end manufacturing infrastructure.
3. Certified quality management systems.
4. Export-oriented business with global customer relationships.
5. Dedicated R&D team.
6. Experienced management and skilled engineering workforce.
7. Order Book of ₹95.94 crore (as on January 2026), providing good execution visibility.

IPO Proceeds
The company plans to use the IPO proceeds mainly for:
🔹 Purchase of new Plant & Machinery – ₹61.03 crore
🔹 Working Capital – ₹81.50 crore

Remaining amount for general corporate purposes.
Financial Highlights

Revenue has grown from ₹22.42 crore in FY25 to ₹153.40 crore in FY26, while PAT increased from ₹5.25 crore to ₹37.06 crore.

FY26 EBITDA stood at ₹56.30 crore with an EBITDA Margin of 36.71%.

Other important numbers:
🔹 ROE – 69.94%
🔹 ROCE – 56.44%
🔹 PAT Margin – 24.91%
🔹 Debt/Equity – 0.21

Valuation
The IPO is coming at around 15.7x Post Issue PE, while listed peers like Azad Engineering and Unimech Aerospace trade at significantly higher valuation multiples.

📌 My View
Millworks Technologies operates in four structurally growing sectors - Defence, Aerospace, Railways and Semiconductor manufacturing.

The company has demonstrated exceptional growth in FY26, maintains strong profitability, has a healthy order book and is raising capital primarily for business expansion rather than promoter exit.

Overall, it appears to be one of the more interesting SME manufacturing IPOs in the precision engineering space.

Disclaimer
No recommendations. For Educational purposes only.

[CNBC-TV18 @CNBCTV18Live]

#1QWithCNBCTV18 | #RBLBank Q1 Update;

⏩Total Deposits Up 11% YoY & Down 10% QoQ At ₹1.25 Lk Cr

⏩CASA Stays Unchanged YoY & Down 22% QoQ At ₹36,462 Cr

⏩Gross Advances Up 21% YoY & 2% QoQ At ₹1.17 Lk Cr

⏩CASA Ratio At 29.2% Vs 32.5% YoY & 33.6% QoQ

[ANAND .K @AKamble65075]

GIFT NIFTY 110++
TODAY NIFTY HIGHEST CLOSING
NIFTY NEAR NEW BREAKOUT ZONE
BUT I AM NOT BULLISH
BULLISH ONLY NIFTY CLOSE
23280 LEVEL 2 DAY
NIFTY CLOSE 24280 TGT 25200-25400 STOP LOSS 23940
NIFTY NOT CLOSE 24280 TGT 23940-23606

[akshit doshi @akshit_3112]

@Tristanrhee3 Cyber security.

[akshit doshi @akshit_3112]

@Pavan_07goyal Amber!

[NDTV Profit @NDTVProfitIndia]

CEAT plans price hikes to offset cost pressures.

Arnab Banerjee flags 3–5% increase in the next 15–20 days.

@CEATtyres @Arnab4691Arnab @TamannaInamdar

[akshit doshi @akshit_3112]

@1shankarsharma @NeerajCNBC Most overanalysed and least important data pointsspoken about everywhere and everyday!

[NDTV Profit @NDTVProfitIndia]

On Bloomberg: Hormuz traffic can return to normal within a month of agreement being finalized, according to Iranian state television.

[RedboxGlobal India @REDBOXINDIA]

FROM BLOOMBERG

INDIA TO CONSIDER OPTIONS TO BOOST RUPEE INCLUDING RATE HIKE

#BIGBREAKING

[CNBC-TV18 @CNBCTV18Live]

#OnCNBCTV18 | Demand Tailwinds remain strong despite near-term inflationary pressures, company maintains mid-teens revenue growth guidance & EBITDA margin target of 29-31%. Input & freight costs have increased due to the #WestAsia conflict, says #NissanJoseph of #MetroBrands

[CNBC-TV18 @CNBCTV18Live]

#OnCNBCTV18 | Fair value for Nifty seen at 27,000, investors have been overoptimistic about the AI trade

Prefer deep cyclicals like metals and construction, maintain positive stance on gold and silver

Nimesh Chandan, Bajaj Finserv AMC to CNBC-TV18

[akshit doshi @akshit_3112]

@AKamble65075 Not able to join sir

[CNBC-TV18 @CNBCTV18Live]

#CNBCTV18Market | JPMorgan On Tata Steel: Stock has rallied 38% in one year, regulatory risks in the Netherlands remain a concern. India & UK margin may improve in Q1FY27. FY28 EBITDA estimates were cut by 2%

[NDTV Profit @NDTVProfitIndia]

Fuel Price Hikes Just Beginning, Says Neelkanth Mishra; Samir Arora Calls It India's Loss, Not Just OMCs
https://t.co/bFZUdCeVMs

[akshit doshi @akshit_3112]

@ashwinravi99 @IPL @PunjabKingsIPL @ShreyasIyer15
Should Punjab look to shuffle bowling in terms of getting in Bartlett or Dwarshius for Marco? Marco has been a out of form. Bowling wins you tournaments. With the second half and pitch slowing down should they consider this? 👀

[CNBC-TV18 @CNBCTV18Live]

#BizUpdate | #ShyamMetalics April Biz Update:

👉Stainless steel sales up 10.9% YoY & down 24.4% MoM at 7,928 tonnes

👉Stainless steel avg realisation up 25.3% YoY & up 11.5% MoM at ₹1.70 lk/ tonnes

👉Pellet sales volumes up 18.6% YoY & up 15.5% MoM at 1.23 lk tonnes

[CNBC-TV18 @CNBCTV18Live]

#CNBCTV18Exclusive | #VodaIdea in talks with #lenders to raise ₹35,000 cr in debt. #SBI likely to lead the lender consortium for proposed funding of Voda Idea: Sources to @_RituSingh

▶️Proposed funding includes ₹25,000 cr fund-based & ₹10,000 cr non-fund-based facilities

▶️Voda Idea loan sanction & approval process could take 3 months or longer

🚩Alert: CNBC-TV18 has reached out to Voda Idea, response awaited

[NDTV Profit @NDTVProfitIndia]

#NDTVProfitExclusive

What does India's first private orbital launch mean?

How was Skyroot Aerospace’s success journey, its work with ISRO, and the timeline for global commercialisation?

Skyroot Aerospace CEO & Co-Founder Pawan Kumar Chandana shares his insights

@PoddarNisha

[CNBC-TV18 @CNBCTV18Live]

#4QWithCNBCTV18 | #BajajFin reports its Q4 results

👉Net Profit At ₹5,465 Cr Vs CNBC-TV18 Poll Of ₹5,524 Cr

👉NII At ₹11,781 Cr Vs CNBC-TV18 Poll Of ₹11,853 Cr