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Recommendation: Add; Target Price: ₹140

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ZEEL informed that the Singapore Arbitration Centre denied Sony Group's plea to restrain ZEEL from moving to the NCLT for enforcing the merger.

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Revenue reached ₹1,118.3 Crore, up 21.8 % year over year

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After Sony's merger termination, Zee approached the National Company Law Tribunal (NCLT) seeking direction on scheme implementation.

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Keeping in view the current global scenario, India presents an exciting opportunity.

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This accomplishment comes just four months after Sterlite Power acquired the project.

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Recommendation: Add; Target Price: ₹410

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Recommendation: Buy; Target Price: ₹185

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During the same time previous year, the City Gas Distribution Company's net profit was ₹371 Crore.

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Initiate on EFL with BUY recommendation and 12M target price of ₹603, at 55x FY26 EPS (27% potential returns).

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