Non-SEBI | 13 years of mistakes
https://t.co/7hvJajS1w0
https://t.co/8bmOBCxk7m
Bharat Heavy Electricals
👉Financials have improved further 
Attaching update from @Nigel__DSouza 
- PnL
through Public Private Partnership on Design, Build, Finance, Operate and Transfer (DBFOT) basis." The estimated project cost is INR 758.10 crores, and the construction period is expected to be 2 years from the appointed date, while the operation period will be for 45 years (2/4)
The IPO proceeds were used to redeem non-convertible debentures, strengthening the capital structure & coverage metrics. Revenues & operating profitability remained strong in FY2022 & 9M FY2023, supported by robust demand & healthy realizations for bromine & industrial salt (2/4)
EPIX Cinemas has opened a new luxury cinema destination in Bahrain, boasting 10 screens and 1125 seats. Managed by Mukta A2 Multiplex WLL, the cinema features state-of-the-art technologies like Laser Projection and Dolby Atmos surround sound. (2/4)
Sunteck Realty signs a 29-year exclusive lease deal with Upgrad Education Private Limited for its luxurious commercial project, Sunteck BKC51. The project, located off Bandra Kurla Complex (BKC), is expected to generate revenue of Rs 2000 Crores over the lease tenure. (1/3)
The company's domestic sales performance saw a growth of 6%, with a total of 78,006 units sold. In the commercial vehicle category, the company saw a growth of 26% in the M&HCV segment, while the I&LCV segment saw a decline of 21%. (2/4)
This initiative is in line with the company's commitment to reducing its carbon footprint and promoting sustainable development. By investing in renewable energy, RK Forgings aims to not only reduce its dependence on fossil fuels but also lower its energy costs in the long run.
The outlook for these facilities has also been revised to stable from positive. The company's short-term rating has been reaffirmed at [ICRA]A1, and its non-fund based limits have also been reaffirmed at [ICRA]A1. (2/5)
Ind-Ratings has affirmed and assigned credit rating to The Federal Bank Limited’s (FBL) Basel III Tier 2 bonds. The bank has a large presence in southern India with a well-diversified loan portfolio across segments, and a stable and well-diversified funding profile. (1/3)
Exide Industries Limited has signed an agreement called the Share Subscription and Shareholders Agreement (SSSA) as well as Power Purchase Agreements with Ulric Renewables Private Limited, which is a Special Purpose Vehicle promoted and incorporated by Cleantech (1/3)