Sep 09, 2021 08:37 AM IST
Given the Centre’s fiscal constraints, states’ development spend may suffer if they are unable to strengthen their own resource-raising abilities
- Aug 31, 2021 08:30 PM IST
The gross domestic product (GDP) had contracted by 24.4 percent in the corresponding April-June quarter of 2020-21, according to data released by the National Statistical Office (NSO) on Tuesday.
- Aug 16, 2021 08:16 AM IST
There are still good cash flow generating companies available at decent valuations. We remain positive on small & midcaps and expect rally to continue but one needs to pick based on cash flow and valuations.
- Jul 26, 2021 09:59 AM IST
JSW has maintained its production and sales volume guidance, despite the lower volumes in June 2021
- Jul 22, 2021 07:24 AM IST
All things considered, the market appears to be around its fair valuation, hence the returns from equities will now track medium-term earnings performance, beyond the current fiscal year, says Singh.
- Jul 02, 2021 10:33 AM IST
Businesses are looking at capturing emerging opportunities, which means a new capex cycle may not resemble the old
- Jun 29, 2021 07:48 AM IST
IFGL is a proxy play for the increased production of steel, likely to be seen in FY22 and FY23. Investors can accumulate this stock and add on decline. We had also recommended IFGL back in April 2021. We expect revenue growth of 10 percent and 12 percent respectively for FY21 and FY22. IFGL is trading at a P/E multiple of 14x/11x FY22E and FY23E respectively.
- Jun 28, 2021 10:29 AM IST
IFGL is a proxy play for the increased production of steel, which is likely in FY22 and FY23
- Jun 15, 2021 09:29 AM IST
Investors need to keep an eye on steel prices; any steep decline can lead to rating downgrade for SAIL
- May 24, 2021 11:20 AM IST
The performance of JSW's Indian subsidiaries, including joint ventures, improved across the board while foreign arms continued with their sub-par performance
- May 04, 2021 09:30 AM IST
Laurus Labs is already halfway past its $1 billion revenue target and has new capacities and products to back up its growth plan
- Feb 02, 2021 12:42 PM IST
The total allocation for defence moderated in FY22. But the share of capex in total allocations continues to inch upwards
- Feb 01, 2021 08:56 PM IST
The year saw a 29 percent increase in capital expenditure compared to the Budget estimate of Rs Rs 161,042 crore.
- Feb 01, 2021 02:27 PM IST
As per the Budget 2021 plan lined up by Finance Minister Nirmala Sitharaman under the National Infrastructure Pipeline (NIP), the Railways sector is expected to see investment worth Rs 11.43 lakh crore till 2024-25
- Jan 27, 2021 07:03 PM IST
Indian Railways' capex was pegged at Rs 161,042 crore in 2020-21 and this is likely to grow in double-digits in 2021-22
- Jan 20, 2021 08:25 AM IST
Stake sale to Total sets a benchmark for Adani Green Energy’s market valuation. Proceeds from the sale can help the group fund capex and reduce pledges of shares
- Nov 26, 2020 06:06 PM IST
Amid the continuing regulatory uncertainty, DIAL may face increased liquidity risks with its high dependence on CPD cash flows to support interest obligations and capital expenditure.
- Oct 21, 2020 10:15 AM IST
Till date, the government has raised less than three percent of its Rs 2.1 lakh crore divestment target for the current fiscal
- Oct 01, 2020 05:20 PM IST
The ministry spent Rs 32,438.42 crore till August, up from Rs 22,853 crore in July. Last year, the ministry had spent Rs 27,936.26 crore in the same period
- Jun 12, 2020 08:53 AM IST
With capacity utilization low even before the pandemic hit and with no resources for capex by central and state governments, it will take a long time for the capital goods sector to rebound
- Jun 05, 2020 12:35 PM IST
In a regulatory filing, the Aditya Birla Group firm said the capital and financial resources of the company remain entirely protected in spite of the adverse impact on its sales during the first two phases of the lockdown and the liquidity position remains "adequately covered".
- Jan 26, 2020 06:50 PM IST
The proposed new models in the shared mobility space will come out from its soon-to-be-launched premium platform, code-named T1N, an export-focused premium van developed with an investment of Rs 1,000 crore and is getting ready for commercial production by the end of the year.
- Jan 02, 2020 09:31 AM IST
Investors will be more focused on what they hear on the ground from companies in post-results management commentary
- Nov 22, 2019 12:30 PM IST
This decline in exploratory expenditure comes alongside a steady decline in domestic crude oil production.
- Nov 07, 2019 09:12 AM IST
In May this year, the company, which has a gross debt of Rs 1.11 lakh crore as of end September, had announced plans to reduce the debt by another USD 1 billion and a capex plan of Rs 12,000 crore.