The various valuation methods reflect a valuation range of Rs 510- Rs 1,100 per share.
India is the world’s fourth largest automobile market, but sales have been falling since last year.
Jio has attracted a record subscriber base in the shortest span of time due to its pricing & discounts.
Mahanagar Gas (MGL), a city gas distribution company, caters to Mumbai and its adjoining areas.
But upside likely to be limited amid tepid earnings growth and high discounts.
The government of India owns 53.3 per cent stake in BPCL valued for Rs 57,000 crore.
The outstanding order book is Rs 57,600 crore, equivalent to four times FY19 revenue.
The company’s volumes grew 8.5 per cent annually to 265,000 tonnes in the past five fiscal years.
The country’s top three carmakers said one in five applications for car loans is being rejected.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon