Ten major stocks, including HDFC Bank, Reliance Industries, and ITC, experienced the sharpest decrease in retail shareholding value, corresponding with significant stock price declines during the quarter.
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
Kotak Securities estimates ITC’s tobacco business is valued at just 11X forward earnings, suggesting potential undervaluation. The brokerage sees stronger growth in non-tobacco businesses and
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