Rounaq Bakshi notes

Embassy Developments to Launch Six Residential Projects Valued at ~₹10,300 Crore in North Bengaluru Embassy Developments Ltd. (NSE: EMBDL / BSE: 532832) will launch six new residential projects valued at ~₹10,300 crore in North Bengaluru, reinforcing its strong growth trajectory for FY26.  Among the upcoming launches are two premium RERA-approved residential developments, Embassy Greenshore and Embassy Verde Phase II, within the landmark integrated township of Embassy Springs.  Embassy Greenshore will offer a differentiated collection of 800+ apartments across 2, 3, and 4 BHK configurations, featuring larger layouts, superior specifications, and elevated finishes. Building on the exceptional response to the fully booked Phase I, Embassy Verde Phase II will give homebuyers another opportunity to unlock value and be part of the North Bengaluru growth story.  Another key launch planned for FY26 is a new residential development in Hebbal. Located adjacent to the iconic, sold-...

Epack Durable: YES Securities sees 50% upside in this 'undervalued' stock   and arrives at a target price of ₹545 Epack Durable stock , OEM/ODM manufacturer of living appliances, serving major consumer brands, with a 'Buy' rating, citing its commendable value prop including strategic partnerships with key players, robust manufacturing capabilities and prudent capacity expansion, focusing on components manufacturing resulting in backward integration, customer addition, and new product launches and improving margin trajectory.   "We stay bullish on the RAC and the Kitchen space as in the medium term, led by factors like strong realty-infused demand, recent GST rate cuts, growing share of organised sector, and Govt impetus towards manufacturing and export boost will drive growth. The company’s enviable value prop should help it outperform the industry in good time," the brokerage said. Manufacturing expansion and product diversification:  Epack is scaling up its ...

Optiemus Infracom: Electronics Manufacturing Services (EMS)  Trusted manufacturing partner for leading global electronics brands, delivering precision, quality and scalability across multiple product categories.  Partner of Choice for Global Brands Expanded production capacity in exiting facilities to deliver rising demand from strategic brand partners, ensuring scale alongside clients' growth ambitions.  Capacity Expansion Successfully delivered the first shipment of OnePlus Bullets Wireless Z3 Bluetooth Earphones this quarter, demonstrating our capability to launch new products at scale.  OnePlus Partnership EMS capabilities now include a powerful and clearly defined roadmap in wearables and hearables.  Advancing these categories to an entirely new level, driven by innovation, scale, and operational excellence. journey continues in partnership with the world’s top brands. India’s electronics manufacturing landscape is set for a historic transformation with the...

  Park Medi World: IPO stock Haryana-based Park Medi World, the operator of the Park Hospitals network across North India, opened its  ₹920-crore IPO  for public subscription The healthcare chain aims to strengthen its balance sheet, accelerate expansion, and improve profitability over the next three years. The IPO is priced between ₹154 and ₹160 per share, comprising a ₹770-crore fresh issue and a ₹150-crore offer for sale.  A large portion of the proceeds will go toward debt reduction, positioning the company for a debt-free future. Sanjay Sharma, Group CEO & Whole-Time Director of Park Medi World said the company will repay about ₹380 crore of debt from the fresh issuance.  With total existing debt at around ₹425 crore, Park Medi World will effectively become a net cash company post listing.  This shift is expected to save around ₹15 crore annually in interest costs, directly enhancing profits. Additionally, ₹88 crore will be allocated for medical eq...