Government data reveals that the government holds a 32.19% stake in Vodafone Idea based on the shareholding pattern for the quarter ending in March (Q4FY24), as per BSE records.
In conversation with Sheetal Agarwal of IIFL, management of the company explains its strengths, growth strategy and listing plans.
The situation is echoed in South Africa, where all Cerelac baby cereals contained four grams or more of added sugar per serving, emphasizing a consistent pattern across diverse markets.
The project aims to increase the cement vertical's capacity to 140 million tonnes per year by 2028, according to the business.
Despite the recent re-rating, ILOM’s secular underpenetration story is intact, and its new focus and strategy could surprise positively, in analysts of IIFL Securities view. While the stock is trading at 32x FY25 P/E, it offers 26% EPS Cagr over FY24-26.
The Indian government, which owns 32% of Vodafone Idea (Vi), expressed complete support for the carrier's fundraising efforts on Tuesday.
Tata Communications' shares have gained about 51% in the last year and 11% in the last three months.
Stretched valuations in the near term, however, cap upsides while analysts of IIFL Securities forecast a modest Sales/PAT Cagr of 21/18% in CY23-26 with moderation in OPMs.
The facility is deemed to be in an acceptable state of conformity with current good manufacturing practices (cGMP)
Analysts of IIFL Securities expect Indus to reinstate dividend from FY25 as it again starts generating healthy FCF (dividend payout policy is 100% of FCF). The stock is attractive at 4.5%/7.2% FY25/26 dividend yield.
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