What's behind the dream run of Tata Investment Corp?
Is the IPO of Tata Tech behind the stellar rise in Tata Investment share price?
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Is the IPO of Tata Tech behind the stellar rise in Tata Investment share price?
“Companies like ourselves that have grown up in India understand what it takes to be successful in India particularly as it pertains to attracting and retaining the best talent. I believe we have an advantage that will be very difficult for GCCs and for foreign ESPs that want to come into India to invest to match.”
The company plans to utilise IPO proceeds to meet capital working requirements of the company, reduce debt availed by Texol, and use towards expansion of automotive oil capacities at Silvassa plant
Tata Tech: “Companies like ourselves that have grown up in India understand what it takes to be successful in India particularly as it pertains to attracting and retaining the best talent. I believe we have an advantage that will be very difficult for GCCs and for foreign ESPs that want to come into India to invest to match.”
Tata Technologies IPO: While most analysts have a positive view of the company, its low revenue growth rate and concentration in the automotive segment are major concerns