In today’s briefing:
- NLC India OFS – Another GoI-PSU Selldown, Well Flagged Coupled with Strong Momentum
- Morning Views Asia: Adani Green Energy
NLC India OFS – Another GoI-PSU Selldown, Well Flagged Coupled with Strong Momentum
- The GoI is looking to raise up to US$248m from selling its stake in Neyveli Lignite (NLC IN).
- This seems to be part of the GoI’s ongoing divestment drive across PSUs, with the recent selldowns in other PSUs having done well.
- The GoI had also sold some stake in the firm earlier in Oct 2017.
Morning Views Asia: Adani Green Energy
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.
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