Out of this, Rs 66,806 crore was secured through QIPs. Notably, the peak for QIP fundraising was in FY21, with companies raising Rs 78,045 crore. FY23 saw a 6-year low equity fundraising.
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest
Kotak Securities estimates ITC’s tobacco business is valued at just 11X forward earnings, suggesting potential undervaluation. The brokerage sees stronger growth in non-tobacco businesses and
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