JSW Cement shares declined after a sharp post-results rally despite the company reporting a strong jump in March quarter profit and steady revenue growth. Brokerages remained optimistic on the company’s long-term growth prospects, supported by expansion plans, cost-saving initiatives and robust volume guidance, although near-term demand softness and cost pressures remain concerns.
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