With days to go for IPO, Hyundai India GMP crashes over 70% from highs

October 9, 2024

The market is anticipating the initial public offer (IPO) of Hyundai Motor India, which announced its price band today. The subscription period will open on October 15 and close on October 17. Following the price band announcement, the company’s grey market premium (GMP) remains steady at Rs 147.

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Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion

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

September 5, 2026

ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong

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

September 5, 2026

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