Hyundai Motor India is set to launch its IPO next week. The shares will likely be priced between Rs 1,865 to 1,960 each. This will value the automaker at up to Rs 1.6 lakh crore. The IPO opens for big institutional investors on October 14 and for retail investors from October 15 to 17.
Tata Chemicals surges on Tata Sons listing buzz
Tata Chemicals shares surged on Thursday, driven by the RBI’s new guidelines for upper-layer NBFCs, sparking hopes for a Tata Sons listing. Analysts suggest this