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ā¢ Tata Motors will raise about Rs 2,314 crore by selling 4.63 crore shares in its subsidiary Tata Technologies through an IPO.
ā¢ The company aims to become net debt-free by FY25 through stake monetisation and operating cash flow generation.
ā¢ Most brokerages have advised investors to subscribe to the IPO for long-term gains given the structural growth story.