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 NCLT#39;s Ahmedabad bench has directed the RP to include GAIL in the list of creditors for both the companies.
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"The (latest) investment will be used to grow the mobile esports format and establish presence in select overseas markets through its ...
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