Hyundai Motor India shares surged nearly 5% despite a 22% drop in Q4 FY26 net profit, as brokerages maintained ‘Buy’ ratings. The automaker’s revenue grew over 5% in the quarter, and its board recommended a Rs 21 per share dividend. Analysts remain optimistic about future growth driven by new model launches and strong exports.
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