Tata Capital’s Rs 15,511 crore IPO, opening October 6, has already attracted strong anchor investor interest, with Rs 4,642 crore allocated. LIC was the largest investor, and domestic mutual funds secured a substantial share. As India’s third-largest diversified NBFC backed by the Tata Group, the issue is poised for robust subscription, following Tata Technologies’ successful listing.
Apollo Micro Systems shares rally 9% as Q2 net profit jumps 56% YoY
Apollo Micro Systems has reported an impressive rise in Q2 earnings, with net profit soaring by 56% compared to last year. Revenues spiked 72%, hitting