Gopal Snacks IPO packs a bite-sized punch, investors get no crunch
Gopal Snacks sells a variety of ethnic snacks including namkeen and gathiya and Western snacks like wafers and extruded snacks under the brand name ‘Gopal’ with Gujarat being its key market.
Tata Motors’ demerger likely to lift the valuation multiple of the CV business
The demerger of Tata Motors’ truck business will unlock value for shareholders. The truck business has been a consistent cash flow generator for the last five years but that was never fully captured at the consolidated level given the higher spending of the passenger vehicles (PV) division on product development. On the volume front, Tata […]
IIFL Finance plunges 20% post RBI ban on gold loans
Manappuram Finance and Muthoot Finance, two of the country’s top gold financing companies, rose as the central bank’s move is expected to benefit these firms.