BUSINESS
How should investors make a play for the NCLT distressed companies?
While an immediate resolution of these assets and acquisition by a serious player could definitely help revive these companies, will investors make money? The question needs to be seen in the light of the prospective acquisition of the deal.
BUSINESS
SAIL renewed focus on value-added products could bring it closer to peers
SAIL is making a structural shift and its JV with the ArcelorMittal for making 1.5 million of auto-grade steel could be a step in the right direction.
STOCKS
Gravita India is churning waste into treasure and how
The company will be compounding its equity at a very high rate of return rather than distributing the cash back to its shareholders in the form of dividend.
BUSINESS
Future Supply Chain IPO: Growth at a reasonable price
In terms of growth the recently expanded capacity will add to both sales and net profit apart from its efforts to grow non group clients.
BUSINESS
Indian Railways turning out to be a big opportunity for engineering companies
The government is estimated to invest close to Rs 1 lakh crore for the redevelopment of the stations. The Ministry of Railways is aiming to redevelop 10 railway stations on a pilot basis for Rs 5000 crore.
BUSINESS
Maithan Alloys: Upcycle in steel to drive earnings of this low-cost producer
Despite the business being working-capital intensive, its debt-to-equity has remained at an average of 0.7 times and interest coverage at 7 times over the last 15 years.
BUSINESS
Why NLC India’s offer for sale could be worth considering
The OFS is worth participating in light of the attractive valuations it is offering. Interestingly, retail investors will be allotted shares at 3.5 percent discount or at Rs 90.7 per share as against the offer price of Rs 94 a share.
BUSINESS
Road sector in focus: How to play the theme
The road sector continues to remain a promising theme within construction for the long-term. This is particularly so in the light of government's renewed focus on roads and consolidation in the sector that will allow serious players to reap dividends.
