3 results for “Q1FY21 Review”

What To Make Of The Much Awaited AGR Outcome

The final outcome of the AGR case from the Supreme Court bench led by Justice Arun Mishra has not only given the Government of India clarity on how and when it will be receiving the balance payment but has also removed an overhang on Bharti Airtel Ltd. and Reliance Jio Infocomm Ltd.

GAIL: Green shoots or one too many overhangs

India’s largest gas distributor – GAIL (India) Ltd. – has been consistent in it's underperformance in the oil & gas space for the last three years. In 2018, the share prices declined by nearly 4%, in 2019 it declined by one-third, while in 2020 so far it has declined by one-fifth. This is despite rising gas consumption and the country’s focus on increasing the share of natural gas in the energy basket. We take a look if the overhangs justify the dismal stock price performance, and if there's reason to be optimistic.

Losses Swell For Indian Airlines