Tata Motors shares rose 1.5% after the company announced that its Board Committee will meet on March 19, 2025, to consider issuing non-convertible debentures worth up to Rs 2,000 crore. This move indicates Tata Motors’ plan to raise fresh capital through the debt market.
Is Nifty expensive? Why judge today’s valuations through yesterday’s lens, asks Pankaj Pandey
ICICI Direct’s Pankaj Pandey believes India’s Nifty has structurally transformed, making historical valuation comparisons obsolete. He suggests current valuations, though seemingly rich at 20x FY27