Latest news with #INR1.66
Business Insider
a day ago
- Business
- Business Insider
Jefferies Keeps Their Hold Rating on Nuvoco Vistas Corporation Limited (NUVOCO)
Jefferies analyst Prateek Kumar maintained a Hold rating on Nuvoco Vistas Corporation Limited today and set a price target of INR440.00. The company's shares closed last Friday at INR387.70. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Kumar covers the Basic Materials sector, focusing on stocks such as Ambuja Cements Limited, ACC Limited, and Dalmia Bharat Ltd.. According to TipRanks, Kumar has an average return of 12.8% and an 82.61% success rate on recommended stocks. Currently, the analyst consensus on Nuvoco Vistas Corporation Limited is a Moderate Sell with an average price target of INR395.00. Based on Nuvoco Vistas Corporation Limited's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR30.42 billion and a net profit of INR1.66 billion. In comparison, last year the company earned a revenue of INR29.33 billion and had a net profit of INR1 billion
Time of India
02-07-2025
- Business
- Time of India
Darkness at noon: Can this reform succeed after failing four times?
Darkness at noon: Can this reform succeed after failing four times? image credit: iStock Synopsis Power distribution companies are ailing despite decades of reform packages and bailouts. As the world embraces green energy and decentralised grids, discoms risk turning fiscal landmines. But one drastic step can save them all. By PRASHANT MUKHERJEE 10 Mins Read, Jul 03, 2025, 04:55 AM IST SHARE THIS NEWS Close Font Size Abc Small Small Abc Normal Normal Abc Large Close Accumulated losses: INR6.77 lakh crore Losses as percentage of GDP: 2% Tariff subsidies by state governments: INR1.66 lakh crore Grants and equity support by states: INR1.4 lakh crore India's electricity distribution companies, or discoms, are a tough row to hoe. While they are responsible for delivering electricity to over 80% of Indian households, industries, and farms, the harsh reality is that their economic viability is under severe stress
Economic Times
02-07-2025
- Business
- Economic Times
Darkness at noon: Can this reform succeed after failing four times?
Accumulated losses: INR6.77 lakh crore Losses as percentage of GDP: 2% Tariff subsidies by state governments: INR1.66 lakh crore Grants and equity support by states: INR1.4 lakh crore India's electricity distribution companies, or discoms, are a tough row to hoe. While they are responsible for delivering electricity to over 80% of Indian households, industries, and farms, the harsh reality is that their economic viability is under severe stress
