BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Centrum Broking Report
Ashoka Buildcon Ltd. has signed a revised agreement with SBI-Macquarie in respect of SBI-Macquarie’s Rs 8 billion investment in Ashoka Concessions Ltd.
The revised agreement caps the assured valuation at ~Rs 12 billion (till December 2021) from Rs 15.3 billion earlier, thereby lowering the burden for Ashoka Buildcon by Rs 3.3 billion (10% of market cap) – positive for the company.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR