HighPositive
Announced Thu, 18 Jun · 06:44 IST
Stocks in news: IFCI, Tata Motors, General Insurance Corp, Corona Remedies, HFCL
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
NSE filed its draft IPO papers with Sebi, lifting IFCI shares over 51% in a month as it holds a 52.86% stake in SHCIL, which in turn owns 4.4% of NSE. Tata Motors' JLR guided for 13% revenue growth and a return to profitability in FY27 after a difficult FY26 hit by a cyberattack and US tariffs. HFCL won a Rs 2,666 crore order from RVNL for the BharatNet Phase-3 project, and GIC Re appointed Hitesh Rameshchandra Joshi as its new CMD effective June 16.