MSEDCL needs to become leaner before IPO and spin off agriculture sector by April; aims to list by the end of 2026

Maharashtra State Electricity Distribution Company plans to complete the demerger of its agriculture arm by April, a major step ahead of its planned December initial public offering, a top official said.“We are targeting an IPO by December for MSEDCL (Maharashtra State Electricity Distribution Company), and for that we will spin off our agriculture business, which […]

Commercial vehicle shares of Tata Motors valued at Rs 261 after demerger. What do analysts say?

The much-awaited demerger of Tata Motors has put the spotlight on its recently demerged commercial vehicle business, valued at around Rs 260.75 per share. This estimate is based on the pre-split closing price of Rs 660.75 and the post-split opening level of Rs 400 for the parent company, now renamed Tata Motors Passenger Vehicles Ltd […]