Cash levels are often viewed as an indicator of fund managers' market outlook
The Street believes that the correction is overdone and that the company has multiple growth opportunities in India and the African market
The stock price of NACL has surged 16% to Rs 107.40 in intra-day trade on Monday and zoomed 99% thus far in the month of March.
The announcement comes at a time when creditors are tentatively scheduled to vote on the asset redistribution scheme between March 19 and 28
Nabard, Sidbi to tap market this week to raise Rs 17,000 crore; Ireda eyes Rs 2,000 crore via perpetual bonds