The issue gives a partial exit to private equity investors TPG Asia and HBM. The promoter share will be diluted from 41.8% to 35.2%. The issue proceeds are going to be used for repayment of borrowings.
MRF shares: Elcid gained widespread attention in October 2024 after its stock price skyrocketed during a special call auction held by the Bombay Stock Exchange
Morgan Stanley remains bullish on Eternal (formerly Zomato), naming it a top pick with a target price of Rs 320, citing market leadership and a
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