government push

Sun shines on Premier Energies; govt’s renewables push can make it brighter

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Sun shines on Premier Energies; govt’s renewables push can make it brighter

ET Intelligence Group: Premier Energies, a manufacturer of solar cells and modules, aims to raise ₹2,830 crore through an initial public offering (IPO) that is set to open on August 27. Of this, ₹1,291 crore will be generated from a fresh issue of shares, which will be used for capacity expansion. The remaining will come … Read more

Welspun Q1 result | Welspun share price: Welspun Enterprises in right place & right time; confident of continuing to give targeted returns: Sandeep Garg

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Welspun Q1 result | Welspun share price: Welspun Enterprises in right place & right time; confident of continuing to give targeted returns: Sandeep Garg

Sandeep Garg, MD, Welspun Enterprises, says they have been very consistent in their revenues. Coming to the profit margins, at a consolidated level, for this year, they should be in a position to deliver EBITDA of about Rs 700-750 crore range. Garg further says Welspun has been very selective in picking up the projects and … Read more