Hyundai Motor India is set to launch its IPO next week. The shares will likely be priced between Rs 1,865 to 1,960 each. This will value the automaker at up to Rs 1.6 lakh crore. The IPO opens for big institutional investors on October 14 and for retail investors from October 15 to 17.
Recent acquisitions help shore up Tata Consumer revenue
At 14.9%, the company’s operating profit margin for the quarter was 47 basis points, or 0.47 percentage point, higher than the year-ago level, but it