During the Conference Call held to explain 100% acquisition of Welspun Renewable Energy (Welspun), Tata Power’s MD stated that 1.1GW assets (i) would be operational by FY17 with 100% long-term PPAs; (ii) are expected to ear
Tata Power seems to be pursuing its long-term objective of increasing share of renewable energy (RE) in generation portfolio. Though, in near term, this would increase its balance sheet risk, in our view.
Colgate reported a 6.8% revenue growth to `1,099 crore. Domestic volumes grew 4% (highest in 4 quarters) and higher exports led to an overall volume growth of 6%. Toothpaste volumes grew 3%, whereas toothbrush volumes grew 5%
Crompton Greaves Consumer Electricals (CGCEL), the demerged consumer business of Crompton Greaves Ltd (CRG), has potential to create value for investors by leveraging its leadership stature and brand in the light consumer ele