Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Vedanta-JAL deal:
Financial Express Kochi
|September 09, 2025
A premature move
-
VEDANTA HAS REPORTEDLY emerged as the highest bidder for Jaiprakash Associates' assets with an offer of around ₹17,000 crore, staggered over five years. The company will first need to secure statutory approvals (CCI, NCLT, etc.), a process that could take 3–6 months. Once cleared, Vedanta is expected to make an upfront payment of ₹3,700–3,800 crore, with the balance spread over the subsequent five years. The move comes as a surprise, given that Jaiprakash Associates' businesses lie outside Vedanta's core portfolio. For now, we are not factoring this development into our estimates pending further clarity, and we maintain our BUY rating with an SoTP-based target price of ₹530.
Diese Geschichte stammt aus der September 09, 2025-Ausgabe von Financial Express Kochi.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Financial Express Kochi
Financial Express Kochi
Bets of RBI buying, lower state debt sale lift bonds
BENCHMARK GOVERNMENT BONDS gained for a third straight session on Thursday as traders grew more confident of the buying support from the Reserve Bank of India (RBI) and ahead of another reduction in state debt auctions next week.
1 min
January 23, 2026
Financial Express Kochi
PhonePe IPO: Walmart to sell ₹9,173-cr stake
Walmart’s weighted average cost of acquisition is ₹1,996.8 a piece, making these shares worth around ₹9,173 crore.
1 mins
January 23, 2026
Financial Express Kochi
Battery PLI loses charge
ONLY 2.8% OF TARGETED CAPACITY COMMISSIONED SO FAR
2 mins
January 23, 2026
Financial Express Kochi
IAF’s new ‘Sindoor’ formation on R-Day
FIGHTER JETS OF the Indian Air Force will fly in a special Sindoor formation at the Republic Day flypast this year,ina significant display of India’s air power.
1 min
January 23, 2026
Financial Express Kochi
Bangladesh defiant: Will play, not in India
AFTERICC ULTIMATUM ON WORLD CUP PARTICIPATION
2 mins
January 23, 2026
Financial Express Kochi
SAT directs Avadhut Sathe Academy to deposit ₹100 cr
THE SECURITIES APPELLATE Tribunal (SAT) on Thursday accorded a partial relief to Avadhut Sathe and his trading academy against the Securities and Exchange Board of India’s (Sebi) order of impounding %546 crore and imposing trading restrictions.
2 mins
January 23, 2026
Financial Express Kochi
P&G misses Q2 revenue estimates
PROCTER & GAMBLE'S Q2 revenue fell slightly short of Wall Street expectations on Thursday, as weak spending by US consumers and the hit from a government shutdown offset stronger growth globally.
1 min
January 23, 2026
Financial Express Kochi
Brokerages flag margin risks post Eternal Q3 show
BROKERAGES OFFERED A
1 mins
January 23, 2026
Financial Express Kochi
AI gets a seat at the C-suite hiring table
Algorithms do leadership searches but the final call stays human
1 min
January 23, 2026
Financial Express Kochi
IIFL Finance Dec qtr profit rises multifold
IIFL FINANCE, A non-banking financial institution (NBFC) providing gold loans and business loans, on Thursday said its December quarter net profit grew multifold to ₹501 crore as compared to the year-ago period.
1 min
January 23, 2026
Listen
Translate
Change font size