ONGC also reported a 6% decline in natural gas production in April.
The Scheme would invest in Securities covered by Nifty50 Equal Weight Index and debt and money market instruments.
PowerGrid (PWGR) is expecting its Rs. 500 billion project pipeline to grow materially with revival in transmission investments (~Rs. 4 trillion by FY30). Earnings growth will improve >FY25 once these projects are commissioned progressively.
Resolution plan submitted by JSW Steel was approved last week by NCLT.
Recommendation: Buy; Target Price: Rs 825
These projects are in Myanmar, Bangladesh, Vietnam, South Sudan, and Colombia.
This joint venture will be the pioneering entity in India to undertake the complete manufacturing process of CRGO products.
NSE reported strong profit growth for the 3rd consecutive year – its Profit After Tax (PAT) has quadrupled to Rs. 74 billion over FY20-23.
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