Extension of time for Operation and Maintenance of 1200 MW (2*600MW) coal based thermal power
plant namely Mutiara Thermal Power Plant, owned by Coastal Energen Private Limited located at ,
Melamaruthur Village, Ottapidaram Taluk, Tuticorin District, Tamilnadu for a period of one year with
effect from 01.10.2024
Posts tagged Value Pickr
Power Mech Projects – Not a typical Power Infra Company (14-08-2024)
Godawari Power – Any Trackers? (14-08-2024)
“Energy Development Cess” is imposed under the “Chattisgarh Upkar Adhiniyam” on Power Producers and does not relate to cess on minerals. However, as stated by GPIL in the quoted section the matter is pending before the Supreme Court and it is possible that the Court rules in favour of the State. Need to wait and watch
Hindustan Zinc – Galvanize Capital of Investors? (14-08-2024)
Vedanta to raise funds and reduce its holding in HZL through OFS . OFS is at a discounted price of Rs 486/ share
Avanti Feeds (14-08-2024)
I can see loss of 6 crores against 90 lakh profit of last year same quarter… What I am missing here ?
Multibase India Ltd (14-08-2024)
Parent Dupont is splitting into three divisions, to demerge electronics and water into separate companies. https://cen.acs.org/business/finance/DuPont-split-3/102/web/2024/05 . Multibase to remain with the parent ( New Dupont) .
Will it help Multibase India to come back to growth trajectory once again or Will we see another value destruction like in the Dow demerger?
Disc: Invested
HDFC Bank- we understand your world (14-08-2024)
So I’ll try to answer this riddle.
The average Credit to Deposit Ratio in India is around 80% (RBI has asked the banks to bring it below 90%)
RBI has been stressing on decreasing the CD ratio for healthier balance sheets.
The credit to deposit ratio is a crucial metric that provides insights into the relationship between a bank’s loans (credit) and its deposits. In simple terms, it measures how much of a bank’s deposits are being lent out as loan]
HDFC bank’s CD ratio is above 100%(post merger) this means that if the bank needs to bring down it’s CD ratio it can do
- Reduce the no. of loans it’s dispersing.
- Increase the deposit in the bank.
Both of them will be deadly for the NIMs and growth. Also, with already such interest environment, and so much competition it’s very difficult for it to get more deposits and by reducing loan dispersal growth will take a hit.
The same for ICICI bank is around 80-85%
This means that ICICI can grow its loan book much easily compared to HDFC bank.
The shear size of HDFC bank and the loan books of HDFC limited are few of the causes for the pain.
Thus is what I’ve understood till now.
In fact until RBI is stringent on the finance sector, pain might continue for longer even if the bank keeps performing what it’s been doing since long.
Feel free to add any feedbacks.
Glenmark Life Sciences (14-08-2024)
Revocation letter issued by GPCB for GLS Ankleshwar facility.
Glenmark Life Sciences Limited.cdr (bseindia.com)
GPCB has imposed an interim Environmental Damage Compensation of Rs. 15,00,000 which was paid by the company.
Godawari Power – Any Trackers? (14-08-2024)
So no retrospective impact and we dont know if prospective impact will be there or not.
So till the time chattisgarh implements new taxes, gpil should have an edge over other mining company which are based in odisha or jharkhand.