Stocks to Watch: Titan on Wednesday said its sales in the April-June quarter were up nearly three-fold on a year-on-year basis, helped by a low base of the Covid-19 impacted quarter in the last year.
Attractive dividend pay-out and low valuations are other positives
Combined net debt stood at Rs 6.83 trillion at the end of March 2021
The first power transmission InvIT of the country, IndiGrid, came out with a public issue of NCDs to raise up to Rs 1,000 crore last week
After IndiGrid and IRB InvIT fund, this will be the third publicly listed InvIT for the country and the second in the power transmission sector
Power Grid Corporation on Thursday posted 26 per cent rise in consolidated net profit at Rs 3,367.71 crore for December quarter 2020-21 mainly on the back of higher revenues.
The outage even bought the city's suburban rail network to a halt even as stock exchanges continued to function
This segment wants to disassociate itself from the power sector
Healthy earnings trajectory for next three years keeps the Street positive
With Rs 1,09,000 cr of projects to start earning returns till FY21, earnings growth visibility remains strong
During the current fiscal, it has mobilised Rs 6,130 cr through issue of bonds under private placement