Hero FinCorp, the financial services arm of Hero MotoCorp, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for its initial public offering (IPO). Hero FinCorp filed its Draft Red Herring Prospectus (DRHP) for its IPO, aiming to raise ₹3,668 crore. The IPO will include a fresh issue of ₹2,100 crore and an Read more: Hero FinCorp filed DRHP with SEBI for its IPO to raise Rs 3,668 crore..
On August 1, 2024, the Nifty 50 closed at an all-time high of 25,010.90, surpassing the 25,000 mark for the first time. It reached an intraday high of 25,078.30 during the trading session. Nifty 50 breached the 25,000 mark for the first time, establishing a new all-time high. The index showed some volatility but maintained Read more: On August 1, Nifty closed above 25000 at all-time high, Nifty Bank closed slightly lower..
Tata Motors Q1 FY25 results have exceeded expectations, with a net profit of Rs 5,566 crore, a substantial 74% increase compared to the same period last year. This figure surpassed analyst estimates, demonstrating the company’s robust performance in the first quarter. The actual results exceeded analyst expectations, particularly in terms of net profit growth, which Read more: Tata Motors Q1 FY25 reports net profit boosts 74% YoY and exceeded expectations..