Tata Capital is moving forward with its IPO plans, gaining approval to issue 23 crore new shares while allowing some existing shareholders to exit. The listing preparation process began in December, with Kotak Investment Banking leading. Tata Capital Financial Services, designated by the RBI as systemically important, must complete listing within three years.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of