Analysts of IIFL Capital Services 12- mth TP is based on 30X 2-year forward EPS with 24% EPS Cagr.
The joint venture involves the Coal to Synthetic Gas (SNG) Project located in the Sonebazari Bazari Coal Mines area of Eastern Coalfields Limited (ECL).
Industry estimates put Vi's past dues to Indus at a minimum of Rs 10,000 crore, prior to the most recent payment of Rs 300 crore.
The company's standalone net revenue rose by 26% YoY to Rs 8,245 crore during the quarter, up from Rs 6,551 crore in the year-ago period
Through OFS, the government will provide 50.5 lakh equity shares in NHPC to qualified workers.
Revenue from operations fell 3% year-on-year (YoY) to Rs 55,312 crore.
The revenue decreased by 5.4% YoY but increased 1.1% sequentially in constant currency terms.
Nikhil Mittal is promoted to Chief Technology Officer of Zepto
The quarter saw growth in Manufacturing and Healthcare segments but muted spending in areas like Communications, BFSI, and Hi-tech
However, analysts of IIFL Capital Services note that generic product approvals by USFDA still remain fairly high at 750-780 ANDAs p.a.
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