Overview
- Tata Motors Passenger Vehicles Ltd began trading around ₹400 on NSE and ₹399 on BSE via special price discovery, with a 1:1 split causing trading apps to show an apparent ~40% drop that was purely mechanical.
- Indian equities opened stronger on October 15, with Sensex up over 300 points and Nifty above 100, and Tata Motors among the session’s fastest-rising large caps around the ₹403 level at the open.
- Servotech Renewable Power System disclosed the incorporation of Servotech Renewable International – FZCO in Dubai, while One Point One Solutions approved a wholly owned DIFC-registered unit, ONE POINT ONE MENA HOLDINGS LTD.
- Paisalo Digital raised ₹33.73 crore via 700 listed commercial papers issued on October 14 at ₹4,81,822.50 per unit, with a 162‑day tenor, 8.50% yield and IDBI Bank as the IPA.
- Tech Mahindra reported Q2 FY26 revenue of USD 1,586 million and announced a 300% interim dividend with an October 21 record date, as Choice Broking reiterated Buy with a ₹1,730 target; Bajaj Broking kept Buy on Suzlon with a ₹70 target citing a 5.7 GW order book and the Renom acquisition.