GAIL is back on investors’ radar after the gas regulator, PNGRB increased the tariff for transporting gas by eight times from the provisional tariff for its KG basin network.
BHEL is expected to clock order growth of more than 45 per cent in the current fiscal based on the current momentum.
Countries such as India, Brazil, Taiwan and South Korea have received robust foreign fund flows in the month of March so far.
As the headwinds for the earnings are evaporating and deregulation sustains in the face of increasing crude prices, PE multiples could expand.
Triveni on a roll on higher exports; company offers healthy return on equity of 40% and 30% dividend payout
The order inflow of turbine segment grew 31% to Rs 460 crore during April-December boosted by exports.
The shares of Eicher Motors took a knock of over 4% on Wednesday after CLSA downgraded it as its valuations have turned expensive.
The step is likely to increase the cost of passenger cars and heavy trucks by Rs 1 lakh and Rs 3 lakh per vehicle.
The phasing out of the excise duty benefits in Uttarakhand may lead to operating margin compression in the range of 50-100 bps for M&M.
Given the prevailing low prices of oil and gas globally and a veiled cap on gas prices as per the new formula, it is likely to limit investment from explorers in the medium term.
The sales volume of Swaraj Engines, a principal supplier of tractor engines to Swaraj Tractors, grew at an annualised rate of 11%.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon