Tonbo Imaging IPO: Can defence sector tailwinds offset weak financials?

Economic Times - Oct 15, 2026

Tonbo Imaging is set to raise ₹852 crore as it approaches the stock exchanges. The company is expected to benefit from rising demand for advanced defence technologies. However, it has faced revenue declines due to international order delays. Its profit and return on equity have also decreased amid these challenges. Valuation metrics indicate a premium compared to industry peers, indicating potential investor caution.

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No magic fix: IMF chief warns growth cannot solve America's $40 trillion debt
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Ankita Bhandari's parents, Congress leaders detained during India Gate protest
Oct 15, 2026
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Can Zetwerk Manufacturing IPO deliver long-term growth for high-risk investors?
Oct 15, 2026
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US and China race to shape AI agenda ahead of Xi-Trump talks in Shenzhen, sources say
Oct 15, 2026
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Hegseth vows to stop Iran getting nuclear weapons as anti-war protesters disrupt speech
Oct 15, 2026
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US War Secretary Pete Hegseth emphasized that the United States must act to prevent Iran's nuclear ambitions. Protests erupted during his speech at the Association of the US Army meeting, with demonstrators expressing their dissatisfaction. Hegseth responded to hecklers in the audience, which were eventually removed by security personnel. In related events, US Central Command reported the destruction of an Iranian vessel in the Gulf of Oman.

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