2 weeks ago
Top Stocks in News: Paytm, Milky Mist, Netweb, Manipal Health
Many companies in India are in the news today.
Some companies are raising money by selling shares to investors.
Milky Mist, a food company, is starting to trade on the stock market after collecting a lot of money.
Paytm, a digital payments company, may have its main owner sell some shares.
Manipal Health is buying a children's hospital in Bengaluru.
Indo-MIM made more profit than last year.
Netweb and SPR Auto are raising money from big investors.
Jyoti CNC got approval to build new machines at its factory.
Other companies won contracts to build roads and supply parts.
All of these are normal things companies do to grow.
Milky Mist Dairy Food debuts on stock markets Tuesday after its Rs 1,553 crore IPO was subscribed 56.12 times.
Paytm promoter Resilient Asset Management BV is likely to sell up to a 4.98% stake at a floor price of Rs 1,535.10 per share.
Manipal Health Enterprises will acquire Kinder Hospital in Bengaluru for Rs 130 crore from Kindorama Healthcare.
Indo-MIM reported a 32% YoY jump in net profit to Rs 240 crore for the June 2026 quarter.
Netweb Technologies and SPR Auto Technologies opened QIPs to raise around Rs 1,200 crore and Rs 1,000 crore respectively.
- Who
- Indian companies including Paytm, Milky Mist Dairy Food, Manipal Health Enterprises, Indo-MIM, Netweb Technologies, Jyoti CNC Automation, SPR Auto Technologies, Lloyds Engineering Works, Highway Infrastructure, Nelco, DCX Systems, and Ceigall India.
- What
- A roundup of corporate developments including an IPO debut, a promoter stake sale, acquisitions, QIP fundraises, quarterly earnings, and contract awards.
- Where
- India, including Bengaluru, Rajkot, Tamil Nadu, and Delhi.
- When
- Around August 17-18, 2026.
- Why
- Companies are raising capital, expanding operations, reporting financial results, and securing new contracts.
Key facts
- Milky Mist IPO
- Rs 1,553 crore raised; subscribed 56.12 times; shares at Rs 140 apiece
- Paytm stake sale
- Up to 4.98% stake; floor price Rs 1,535.10 per share
- Manipal Health acquisition
- Kinder Hospital, Bengaluru, for Rs 130 crore
- Indo-MIM Q1 results
- Net profit Rs 240 crore (+32% YoY); revenue Rs 1,219 crore (+9% YoY)
- Netweb QIP
- Floor price Rs 4,885.90; around Rs 1,200 crore
- SPR Auto QIP
- Floor price Rs 4,438.20; around Rs 1,000 crore
- Jyoti CNC investment
- Rs 1,020.65 crore approved; up to 25% capex incentive
- Nelco investment
- $20 million from Lunar Holdco, Inc. via CCDs
