Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGC (opens original article in a new tab)

Markets rebounded strongly, with IRFC's OFS seeing high subscription, Cummins India facing export challenges, Tata Motors PV planning major expansion, and LIC's CFO resigning.

• Markets rebounded nearly 1% recovering previous losses
• IRFC's OFS received 1.86x subscription with greenshoe option exercised
• Cummins India expects strong domestic demand but faces export pressures from Middle East tensions
• Tata Motors PV plans 37,500-40,000 crore investment to expand capacity and double sales