Revenue reached ₹1,118.3 Crore, up 21.8 % year over year
After Sony's merger termination, Zee approached the National Company Law Tribunal (NCLT) seeking direction on scheme implementation.
This accomplishment comes just four months after Sterlite Power acquired the project.
Keeping in view the current global scenario, India presents an exciting opportunity.
ZEEL informed that the Singapore Arbitration Centre denied Sony Group's plea to restrain ZEEL from moving to the NCLT for enforcing the merger.
Initiate on EFL with BUY recommendation and 12M target price of ₹603, at 55x FY26 EPS (27% potential returns).
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