At 19X FY20e earnings, markets are not cheap. With earnings likely to remain elusive, the short-lived rally over FM’s announcement is likely to give way to a long-period of consolidation with a hawk eye on cues for decisive revival.
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The company, one of the leading manufacturers of soda ash, had initiated the process of carving out its textiles business into GHCL Textile...
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The BRLLR linked to RBI Repo Rate is revised downwards in line with the reduction on Reserve Bank of India Repo Rate from 5.15 percent to 4...
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The company did not export units last month while it had dispatched 804 Etios units in in June 2019.
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