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Analysts are bullish on cement companies following firm prices and a gradual relaxation in lockdown across states. They believe the strategy of focusing on prices instead of volume improvement will pay off in terms of stable or better operating margins before depreciation, and amortization (EBIDTA margins).
NHPC seeks shareholders nod to raise borrowing limit to Rs 40,000 crThe company explained that keeping in view of fund requirements of the company due to rapid capacity addition programme, the limit of Rs 30,000 crore is required to be increased.
from Stocks-Markets-Economic Times https://if… Read MoreNSE-BSE bulk deals: REC sells stake in National Hydroelectric Power CorporationREC today sold 61.8 million shares of National Hydroelectric Power Corporation at Rs. 27.2 apiece through a bulk deal on the National Stock Exchange.
from Stocks-Markets-Economic Times https://ift.tt/3yvVcH3
… Read MoreAye Finance plans to raise Rs 350-400 crore equity this financial yearThis will be the first equity expansion by the company after the Covid-19 pandemic, chief executive Sanjay Sharma said.
from Stocks-Markets-Economic Times https://ift.tt/2WMCehU
… Read MoreSPARC seeks shareholders nod to raise up to Rs 1,800 crThe approval is being sought for raising funds for an aggregate consideration of up to Rs 1,800 crore or in equivalent foreign currency, SPARC said.
from Stocks-Markets-Economic Times https://ift.tt/3mRKpVc
… Read MoreYes Securities strengthens top management leadership"Given the bounce back in economy and markets, Yes Securities is all set to leverage and strengthen our key verticals of investment banking, merchant banking, wealth broking and institutional equities," Prasanth Prabhakaran, … Read More
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