Tata Capital has filed preliminary papers for a Rs 15,000 crore plus IPO with Sebi, aiming to list shares by September 2025. The IPO will include new shares and stake sales from Tata Sons. Tata Capital showed significant financial growth with a revenue jump of 34% in FY24.
Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV
Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce