Hindustan Copper’s share price surged 4% after the company reported a robust 134% year-on-year increase in net profit to Rs 444 crore for the March quarter. Revenue also climbed 58% to Rs 1,156 crore, driven by improved operational efficiency and profitability. The company also announced plans to raise funds for expansion and recommended a dividend of Rs 1.86 per share.
Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest