Tata Capital’s upcoming IPO is priced at a discount, reflecting its lower net interest margin and return ratios compared to peers. While its loan book grew significantly, a merger with Tata Motors Finance increased its gross NPAs. Investors are advised to observe its financial performance post-listing.
South Korea’s Kospi tanks 8% despite US-Iran war optimism. Here are 4 reasons why
The benchmark Kospi plunged 551 points, or 8.1%, to 6,2505. The steep decline triggered “sidecar” trading curbs on both the Kospi and the junior Kosdaq