![power grid moneycontrol power grid moneycontrol](https://images.moneycontrol.com/static-mcnews/2021/03/nava-bharat-ventures.jpg)
As expected, the portfolio's transient stress from Q1FY22 decreased significantly with PAR-0 falling sharply from 30.6% to 11.5% sequentially (9.9% in Oct-21 for the standalone entity). We tweak our estimates, factoring in the FY22 numbers we retain ADD with a TP of INR252.ĬreditAccess Grameen: CreditAccess Grameen's (CREDAG) Q2FY22 earnings beat our estimates, led by healthy NII traction and asset quality improvement. While the company has floated a bid to procure the one-crore smart meter project and is in talks with states for its installation, there is no concrete progress on it. We expect capitalisation of INR120bn for FY23 and FY24 each. It has INR533bn worth of projects in hand and a bidding opportunity for INR318.5bn worth over the next year. PGCIL declared a final dividend of INR2.25/share, taking the overall FY22 payout to INR14.75/sh (~6.6% yield). While EBITDA grew 1.5% YoY, reported PAT was up 22.9% YoY to INR43.2bn (mainly due to a deferred tax adjustment in the quarter). Q4 revenue increased 2.8% YoY, led by moderate growth in transmission, marginally offset by 12% decline in telecom segment sales. Capitalisation/Capex for FY22 stood at INR207bn/90.6bn, vs. PGCIL: PGCIL's asset capitalisation/Capex in Q4FY22 declined 75.5%YoY/44.0% YoY to ~INR21.8bn/INR18.1bn, on a high YoY base. GRM was reported at USD 12.44/bbl (HSIE: USD 13.5/bbl). Q4FY22 EBITDA, at INR 21bn, was 14% below our estimates, mainly due to higher other expenses however, APAT of INR 18bn was 38% above estimates due to higher-than-expected other income and lower tax expenses. Retrieved 23 February 2012.Hindustan Petroleum Corporation: Our ADD rating on Hindustan Petroleum Corporation (HPCL) with a price target of INR 270 is premised on (1) recovery in domestic demand for petroleum products (2) improvement in refining margins over the coming 18 months and (3) gradual improvement in marketing margins for FY23-24 vis-vis FY22 levels. Archived from the original on 7 February 2011. ^ "Amara Raja Electronics > About Us > CSR".^ "Innovative Product/Service (GPIPSA)".^ "Amara Raja Batteries falls 5% on ending partnership with Johnson Controls".^ "Amara Raja Batteries > Company History > Auto Ancillaries > Company History of Amara Raja Batteries – BSE: 500008, NSE: AMARAJABAT".Archived from the original on 24 February 2012. Archived from the original on 27 June 2018. ^ "Instead of looking for clues, stay clued in".
![power grid moneycontrol power grid moneycontrol](https://vietnamtimes.org.vn/stores/news_dataimages/dieulinhvnt/052020/08/19/in_article/croped/1452_united-continental-moves-to-nasdaq.png)
^ "39 Indian cos in Forbes 'Best Under A Billion' Asia list".: CS1 maint: archived copy as title ( link) Archived from the original on 14 September 2019. Specific schemes that benefit the local rural community include the supply and availability of safe drinking water by coordination and in participation with the rural community. The Amara Raja Group has philanthropic operations focused on the upliftment of rural populations, and has committed itself to social activities in the areas of rural employment, learning & education, social rehabilitation, and rural upliftment. Amara Raja Media and Entertainment Pvt LtdĪmara Raja Batteries Limited Won Innovative Product/Service (GPIPSA) 2020 award in Engineering sector for the innovation Motor Cycle Valve Regulated Lead Acid Battery punched grid with state of art manufacturing facility.The group terminated their partnership with Johnson Controls on 1 April 2019.in December 1997 to manufacture Amaron automotive batteries in India. Amara Raja Batteries of India signed a joint venture with Johnson Controls Inc.2014 Automotive Battery division (ABD-2).2008 Small battery division (SBD) Two wheeler battery plant ASBU.1998 Automotive battery division (ABD) ASBU.
#POWER GRID MONEYCONTROL ISO#
1997 Received ISO 9001 Certification & signed JV with Johnson Controls.1992 Designed and Implemented battery manufacturing facility in India.1989 Industrial battery division (IBD) ISBU.The group was named after Baldev's grandparents Amaravati and Rajagopal Naidu.
![power grid moneycontrol power grid moneycontrol](https://images.moneycontrol.com/static-mcnews/2021/08/Thumbnail_08_aug_720-770x433.jpg)
It pioneered the introduction of zero maintenance technology in India's automotive battery segment, the key differentiator in the Indian electric storage market. The automotive batteries business unit commenced operations in 2001 with a joint technology venture with Johnson Controls Inc., the world's largest manufacturer of automotive batteries. A first generation entrepreneur, Ramachandra Naidu Galla, founded the Amara Raja Group of companies in 1985 and became the first CEO.