Just because the stock price fell, how does that impact the revenue of Adani group companies ?and If revenue impact is minimal how does it affect the debt servicing ability?
Posts in category All News
Deaths of at Least 5 Tourists in Laos Raise Alarm About Tainted Drinks (21-11-2024)
Travelers from the United States, Britain, Australia and Denmark have died in the Southeast Asian nation in recent days. Officials warned of poisoning caused by alcoholic drinks containing methanol.
Mahanagar Gas Ltd – a natural monopoly (21-11-2024)
Very Detailed explanation on Reduction of qty under APM. In 2 years time, APM qty would be Zero.
Also allow competition to get better pricing. Interesting.
The central government’s recent decision to reduce gas allocation to city gas distribution companies under the administered price mechanism follows a decline in overall gas volumes, said Gajendra Singh, member of the Petroleum and Natural Gas Regulatory Board.
Over the weekend, the government had reduced APM gas allocation to the city gas distributors by another 20%, marking the second straight month of reduction in gas allocation.
Talking to NDTV Profit, Singh explained the reason, even though the Centre’s policy for gas distribution prioritises allocation of APM gas to CGD companies.
He said that the APM gas supplied to CGDs was being produced in the Mumbai High and its discovery was made in 1986 or 1987. And this asset has “already reached the phase where a decline has started”. When Mumbai High does not have enough volume, “reduction in allocation will need to be applied”.
Lazycap’s Portfolio – Feedback (21-11-2024)
Hi
For me it’s more about price at which I buy. Current valuation is such that the probability of loss seems to be almost negligible. Dont know how long I can hold
Company has seen many regulatory hiccups from the past, same is also highlighted in valuepickr thread of IGL. High probability they might just pass on the cost to consumer if not immediately slowly, even if ROCE falls to 17-18% I think a PE band of 15-20 is fair enough for a business like IGL
Vilas Transcore – Transformer Lamination (21-11-2024)
Is the current valuation justifiable?
No comments for now over Adani solar power row, says TDP on allegations of bribes to Andhra officials for purchases (21-11-2024)
Telugu Desam Party (TDP), an NDA ally, is currently reviewing the allegations against the Adani Group regarding potential bribes paid for solar power contracts in Andhra Pradesh. The US Department of Justice has charged Gautam Adani and others, but the Adani Group denies these claims. TDP plans to announce its stance after a thorough examination of the situation.
EIMCO ELECON — flag breakout (21-11-2024)
May be @Tar @Worldlywiseinvestors can be add their observations here.
Adani-backer GQG Partners says monitoring charges by US authorities (21-11-2024)
GQG Partners has investments in Adani group companies valued at $10 billion