Keeping in view the current global scenario, India presents an exciting opportunity.
Initiate on EFL with BUY recommendation and 12M target price of ₹603, at 55x FY26 EPS (27% potential returns).
The per customer charges for re-KYC are expected to range between ₹90-110, with banks conducting the process for compliance purposes
ZEEL informed that the Singapore Arbitration Centre denied Sony Group's plea to restrain ZEEL from moving to the NCLT for enforcing the merger.
This accomplishment comes just four months after Sterlite Power acquired the project.
It is projected that the most recent development will bring in about ₹3,500 Crore.
During the same time previous year, the City Gas Distribution Company's net profit was ₹371 Crore.
The IPO opened for subscription on February 13 at a price band of ₹141 to ₹151 per share
The estimated value of the block deal is between ₹450 and ₹500 Crore.

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