Earnings at these companies are more likely to miss estimates.
Analysts expect the company to deliver a double-digit earnings growth in the next two years.
After Jet Airways was grounded in April, SpiceJet has acquired most of its coveted metro routes.
The company reported double-digit revenue growth in the past three years.
A portion of the debt may also be used to reduce borrowings.
Indebted group is looking to sell operational solar portfolio to Adani for Rs 3,000 crore.
This cashflow would be used to gradually ramp up the production to 27 MT over the next few years.
Reflecting the trend, shares of Indian chemical companies have hit record highs.
Focus on strong balance sheets. It could be infra, proxies to infra or large corporate banks, says Shah
From a macro perspective, India probably offers a better cushion, says Morgan Stanley India MD.
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