The stock's at all-time high and at price to earnings multiple of 120 times FY20 score.
The benefit of higher tariffs will continue in the coming quarters.
In three months to March 2020, turnover had increased by 26% to Rs 34,00,000 crore.
Vedanta told the exchanges about a delisting offer at a price of Rs 87.5 per equity share.
Total net debt of the top five companies — Tata Steel, JSW Steel, SAIL, Vedanta and Hindalco — for FY21 is estimated at around ₹3.2 lakh crore.
Other top gainers include Adani Energy at 444 per cent and Abbott India at 143 per cent.
The RBI has let financiers grant a moratorium to accounts in default but standard (non-payment in 30 to 90 days bucket). In such cases, the lender will have to make provision of at least 10% spread over March and June quarters, with not less than 5% in each quarter.
Unless banks can get hold of them, repayments stand automatically deferred under the new rules.
Analysts turn cautious on players with significant exposure to office spaces.
Among such bonds, some floated by Vedanta offer the highest yields.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon