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Shapoorji Pallonji Group's Dollar Bonds Remain Flat as Tata Sons Listing Hangs Over Liquidity

Reported by Aditya Chauhan (Staff Writer) · Economic Times - Markets ·

Shapoorji Pallonji Group's Dollar Bonds Remain Flat as Tata Sons Listing Hangs Over LiquidityRepresentative image · Wikimedia Commons

Shapoorji Pallonji Group's dollar‑denominated bonds barely moved on Tuesday. A possible Tata Sons listing is seen as a way to free up cash for the heavily indebted group. Investors say turning the Tata stake into cash will take time. Low trading volumes kept any price swing minimal. Market watchers are waiting for clear guidance on how the listing could actually boost liquidity.

Read more at Economic Times - Markets