With the acquisition of the said project, ATL will exceed 18,500 ckt km of transmission lines and 38,600 MVA transformation capacity. It shall also be able to operate a distribution business serving near 3 million clients in Mumbai.
Ten-year yields inched about 1 basis point at 1.8860% after hitting 1.8900%, while five-year yields settled at 1.6795%, marking new two-year highs recorded in the early session.
This will be the seventh consecutive time, Birla Soft being featured across the named category.
The company delivered industry-leading bottom-line performance and crossed the Rs200 Cr PBT and Rs150 Cr PAT milestones for the first time in its history.
The project is estimated to have, in aggregate, a revenue potential of around Rs2,000cr over a period of the next 5 years.
Birlasoft will hold a meeting of the Board of Directors of the Company on 27 January 2022
Ind-Ra continues to take a consolidated view of Cipla and its subsidiaries.
The insurer's net premium earned stood at Rs9,074cr in Q3FY22 higher from Rs8,971cr of Q3FY21 but declined against Rs9,286cr of Q2FY22.
Revenue recorded a growth of 20% yoy to Rs1,688cr. In dollar terms, revenue was at $225.1 million up by 18% yoy.

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