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Hero Motors has refiled its DRHP with SEBI for an IPO, increasing the issue size to Rs 1,200 crore, including a fresh issue and OFS by promoters. The company intends to use the IPO proceeds to reduce debt and expand its manufacturing facility. Revenue has increased from FY22 to FY24, with significant gross margin improvements.
Company fixes IPO price at ₹82 per share
The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as Executive Director
Stock market recommendations: Anand Rathi Shares and Stock Brokers' Mehul Kothari recommends buying Blue Star, CESC, and DXC India. Blue Star shows a range breakout with strong volumes, targeting ₹1800. CESC is near its 52-week high w ...more
Petrol, Diesel Price On July 2: Check City-Wise Rates Across India Including In Delhi, Mumbai And Chennai
Tafe and AGCO have reached a comprehensive settlement, resolving disputes over brand rights and leading to significant ownership changes. Tafe will become the exclusive owner of the Massey Ferguson brand in India, Nepal, and Bhutan, whi ...more
HDB Financial Services IPO Listing Today: HDB Financial Services IPO lists today on BSE and NSE. The issue oversubscribed 16.69 times.
Although collections registered a robust growth to remain above Rs 1.8 lakh crore, they were lower than the all-time high of Rs 2.37 lakh crore recorded in April and Rs 2.01 lakh crore in May.
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