Tata Tech expects robust demand from EV and aviation, says CEO
Both Tata Motors and JLR expect to increase their capex which eventually will benefit Tata Tech
Source: livemint.com
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Tata Tech sets IPO price band at over 47% discount to unlisted market price
The OFS consists of up to 60.85 million shares by its existing shareholders
Source: moneycontrol.com
Tata Technologies IPO price band set at Rs 475-500 per share
Tata Technologies IPO | The Tata Motors' subsidiary is planning to raise Rs 3,042.51 crore via public issue at the upper price band. The issue comprises only an offer-for-sale (OFS) by the promoter and investors.
Source: moneycontrol.com
Tata Technologies IPO: 10 things to know before subscribing to Rs 3,042 crore issue
Tata Tech's IPO comprises only an offer-for-sale (OFS) by the promoter and investors
Source: moneycontrol.com
premiumization: Chakri Lokapriya is sticking with urban and premium plays. Here's what he is going for
“In the auto sector, clearly passenger vehicles as well as two-wheelers have done very well. There has been some amount of revival in the farm sector. But that is more company specific. Companies like Escorts are doing very well and that is because not just farm, but farm-related equipment are also doing well. As far as two-wheelers are concerned, this is the part of the consumer durable spend that is holding up. ”
Source: indiatimes.com