Tata Capital IPO: A Long-Term Structural Compounder

Brokers see the Tata Capital initial public offering (IPO) as a structural compounder that may gradually increase profitability as financing costs decrease and the synergies from the TMFL merger become apparent. It is a long-distance financial franchise that is in line with the credit demand that is outpacing the supply. With many brokerages characterizing it … Read more