While stock could decline today, we think this could be a good opportunity to accumulate given attractive val at 12x FY20E P/E in context of 6% FCF yield & 10% FY19-22E earnings CAGR driven by margin expansion
Expect market to open on a flat note on account of global cues. US Dow gained 1% after the Trump administration signaled progress on trade negotiations and U.S. Commerce Secretary Wilbur Ross said the nation will delay restrictions imposed on some business operati...
US indices rally on Monday as globally quantitative easing is set to make a comeback with Germany kick starting the call after growth slips. US President calls for 100 basis point rate cuts and easing to reinvigorate growth. Bond yields trade near 1.59% as US$ sees ...
Ashutosh Raghuvanshi new CEO at Fortis (Former Narayana Hrudalaya old timer for 2 decades) has shared his turnaround plan including selling away non-core assets & bringing cost efficiencies & fresh cash infusion.
DHFL parent WGC sells its loan distribution biz to Metdist Group Sale of Andromeda is part of WGC’s attempts to raise capital to meet debt obligations at DHFL.For Metdist, the acquisition of Andromeda will help grow its financial services business in India
*DHFL parent WGC sells its loan distribution biz to Metdist Group*
• Sale of Andromeda is part of WGC’s attempts to raise capital to meet debt obligations at DHFL
• For Metdist, the acquisition of Andromeda will help grow its financial services business in India
1 - Jet Airways closed because of there own management default not because of economy slowdown. as all the flights of jet airways fly with full occupancy and excellent time slot on each airports. ( I were a premium category member of jet and I fly more than 150 flights every year...