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Molbio Diagnostics, a Goa-based POC diagnostics company, filed its DRHP to raise Rs 200 crore via fresh issue and 1.25 crore shares through OFS. Its patented Truenat PCR platform enables rapid decentralized testing. FY25 revenue stood at Rs 1,020 crore, PAT Rs 138.5 crore. Promoters include Sriram family and Exxora Trading.
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A one-shareholder outburst at GKB Ophthalmics AGM went viral, highlighting minority investor power. Vijay Kedia emphasized boards must respect shareholder money and accountability. Despite owning just one share, Abhishek Kalra demanded the MDs resignation, symbolizing growing investor activism amid the companys stock decline and modest recent recovery.
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The IT sector delivered a mixed performance in Q1FY26, with large caps like Infosys leading in deal wins and Tech Mahindra reporting a 33.9% profit surge. Mid-tier firms such as Persistent Systems and Coforge outperformed with stronger sequential growth and better deal conversions.Margins remained under pressure due to higher costs and cautious client spending, though mid-tier players showed resilience with AI-led efficiencies. BFSI and Hi-Tech demand stayed stable, while retail and healthcare were sluggish. Here are the top picks from Axis Securities:
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