With the recent surge in Sterling and Wilson’s (SWREL) order book (OB) and the promising prospects of India’s New Energy sector, we’ve conducted a scenario analysis, projecting a bull-case/ blue-sky value of Rs 760/1,635. We categorise orders as follows: (i) Core orders are approaching a peak historical level of Rs 7–8 billion, with Rs 6 […]
Day: December 31, 2023
Global commodity prices correct on mounting economic growth concerns; Fed Chair testimony, US GDP data eyedGlobal commodity prices correct on mounting economic growth concerns; Fed Chair testimony, US GDP data eyed
By Saumil Gandhi Major commodities witnessed corrections in the preceding week, with the exception of natural gas futures. Market anxiety over global economic growth and expectations of further rate hikes led to a drop in commodity prices. In bullion packs, both gold and silver prices fell to a fresh three-month low. While crude oil prices […]
Vodafone Idea’s Chief Regulatory Officer P Balaji resigns effective January 10Vodafone Idea’s Chief Regulatory Officer P Balaji resigns effective January 10
Vodafone Idea on Wednesday announced that the company’s Chief Regulatory & Corporate Affairs Officer P Balaji has resigned from his position. He will be relieved from the services of the company with effect from close of business hours on January 10, 2024. “We wish to inform you that P Balaji, Chief Regulatory & Corporate Affairs […]