Tata Steel: End of European Dream Necessary for Indian Story to Flourish

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Tata Steel: End of European Dream Necessary for Indian Story to Flourish

Saurabh wrote in Investment .

Hello Readers! First of all, why even do an article/blog on a relatively less exciting company like Tata Steel? Well, the Steel Industry has undergone consolidation over the last few years (thanks to IBC!) and leaves us with three major players in the Industry – State-Owned SAIL, and privately-owned Tata Steel and JSW Steel. We […]

M&M Financial Rights Issue: Desperate Move or Smart Maneuver?

Saurabh wrote in Investment with 5 Comments .

The news of Right Issue by Mahindra & Mahindra Financial Services (“MMFS”) at INR 50 per share (1:1) in-order to raise INR 3,500 Crore hit the investors like a thunderbolt yesterday (18th July 2020). The issue price was at steep 76% discount on CMP of INR 208 for the company. This left many investors believe […]