Tata Capital files updated DRHP for IPO of up to 47.58 crore shares

The offer includes a fresh issue of up to 21 crore equity shares of face value ₹10 each and an offer for sale (OFS) of up to 26.58 crore shares by existing shareholders.

The offer includes a fresh issue of up to 21 crore equity shares of face value ₹10 each and an offer for sale (OFS) of up to 26.58 crore shares by existing shareholders.

GIFT Nifty is an early indicator of how the Nifty 50 index could open, based on trading in the GIFT City-based exchange in Gujarat.

The investment is aimed at establishing new manufacturing facilities, including greenfield projects and capacity expansions within the state. Shares of Kaynes Technology India Ltd ended at ₹6,297.00, down by ₹73.40, or 1.15%, on the BSE.

The company said in the June quarter, its other expenditure rose by 21% YoY to ₹60.2 crore, mainly because of higher litigation costs in relation to the ongoing GST litigation before the Supreme Court. Shares of Delta Corp closed at…

BEML, headquartered in Bengaluru, is a key manufacturer of earthmoving, rail, transport, and mining equipment. Shares of BEML Ltd ended at ₹3,987.35, up by ₹139 or 3.61%, on the BSE today (August 4).

Bosch Ltd’s Q1 net profit rose to ₹1,115 crore, lifted by strong auto sector demand and a ₹556 crore gain from its Building Technologies divestment amid robust operating performance.

Shares of Azad Engineering closed 3.3% higher at ₹1,500.55 on the NSE. However, the stock is down 18.7% on a year-to-date basis.

Shares of Kansai Nerolac ended 2.43% lower at ₹243.97 on the National Stock Exchange, underperforming the Nifty 50 index, which rose 0.64% on the day.

At the operating level, EBITDA rose 8.9% to ₹76.3 crore in the first quarter of this fiscal over ₹70.1 crore last year. The EBITDA margin fell to 22.5% compared to 23.6% in Q1FY25. Shares of INOX India Ltd ended at…

Aurobindo Pharma reported a 10.2% YoY decline in Q1 net profit to ₹824.2 crore, missing CNBC-TV18 estimates. Revenue rose 4%, but margin and EBITDA also came in below expectations.