Hero FinCorp approves Rs 4,000 crore fundraise via IPO

May 30, 2024

Hero FinCorp, a subsidiary of Hero MotoCorp, is planning to raise funds through an initial public offering (IPO). This IPO will consist of a fresh issue of shares valued at up to Rs 4,000 crore, along with an offer for sale by specific existing and eligible shareholders.

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UBS downgrades BHEL shares to Neutral from Buy. Check target, key reasons

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