So, headline numbers tend to kind of mask a bit of the underlying churn that is going on in the segment, that is one. And whether we like it or not, midcaps and smallcaps are now 40% of the market cap.
Tata Power set to tap market with Rs 2,000-cr bond issue
Tata Power is set to raise ₹2,000 crore through a bond sale. This funding will support debt refinancing, renewable energy investments, and general corporate needs.