MTAR Technologies shares fell nearly 4% despite reporting a sharp 223% jump in Q4 net profit, driven by strong revenue growth and improved operational performance. While costs rose during the quarter, margins improved, reflecting efficiency gains. The company continues to benefit from demand across aerospace, defence and clean energy segments.
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