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With rate cycle easing, many under construction projects expected to go on stream and new road project awarding seen picking up, analysts expect the two companies to do well
Of the total debt, about Rs 11,000 crore pertains to Abbott Point
Most of the revenues come from power division which has suffered due to production issues at intnl plants
Especially for high-debt cos a third of listed firms have interest costs exceeding half their cumulative net profit many hope for big and front-loaded reduction
Considering the valuations and the synergies, the 56% stake buy in Liberty Phosphate should be positive for Coromandel
With market sentiment improving, companies are focused on balancesheet repair
Higher volumes, led by recent expansion, cost rationalisation and better realisations from domestic operations, to aid revival
Almost 80% of the 166 firms have reported growth in profits, with six reporting turnaround
...but, with many cos still to declare results, it is too early to conclude any trend
Dependence on cash-starved oil PSUs has impacted the company's order book and growth prospects
With railways expected to have more funds at its disposal for capex, analysts believe prospects of rail equipment companies should improve
With railways expected to have more funds at its disposal for capital expenditure, analysts believe prospects of rail equipment companies should improve
Firm tells analysts concerns are misplaced working on plan to rejuvenate cash flow, reduce dues
Correction in share price of Coromandel International relates to poor results