POWERGRID InvIT Pre-IPO - Always Going to Be Tricky with a Declining Yield
POWERGRID Infrastructure Invt Trust aims to raise around US$1bn in its India IPO. PGIT is an investment trust setup to own transmission assets of...
584 Views
Smartkarma Originals
IPO Analytics: Cut Your Losses and Let Your Profits Run, Holds True for IPOs
Since inception of our IPO research in 2015, the Aequitas Research team has covered over 361 IPOs, which raised over US$100m each, across Asia...
1.7k Views
Falling Natural Gas Production and Poor Import Infra Make PNG a Distant Dream for Most Indians
In July 2015, the Indian government set a target of 10 million PNG (piped natural gas) connections to be made within two years. But as of September...
3.5k Views
Mahanagar Gas Q2 FY17 Results Update
We recently wrote an initiating coverage report on Mahanagar Gas, with a negative bias. The company recently declared its Q2FY17 (July-Sept2016)...
289 Views
Mahanagar Gas-Supply Side Constraint Obscures Growth Visibility
Mahanagar Gas is the sole distributor of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) supplying CNG to 0.42 mn motor vehicles and PNG...
162 Views