'New orders/notification of awards worth Rs 1,397 crores have been secured by KPTL and its overseas subsidiaries.
As per various reports, the Girnar Tea deal could be valued at Rs 1,000-1,500 crore.
In conversation with Sheetal Agarwal of IIFL, the management shares the company's expansion plans, macro opportunities and strategic priorities.
Earlier, the company received Rs 487 crore from Castrol India for commercial and technological partnerships
Realty firm Macrotech Developers will invest Rs 330 crore to develop a premium warehousing project in Mumbai as part of its expansion plan
Oil prices are likely to remain volatile, as uncertainty on China opening up and incremental supply persists. Nevertheless, analysts at IIFL Capital Services see low risk to ONGC/OIL’s FY23/24 earnings estimates, which are based on US$75-70/bbl assumption (after windfall taxes). OMCs are partially recouping steep losses encountered in H1, and stocks seem to offer asymmetrical payoffs. RIL, on the back of improved outlook on commodity business, can offer tactical trade.
The order is received in one of the niche sectors of polysilicon production.
CRISIL Ratings has combined the business and financial risk profiles of Axis Bank and its subsidiaries.
The coupon rate on the 10-year debenture will be 7.54 % annually
IIFL Customer Care Number
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