In today’s briefing:
- Patanjali Foods FPO – Very Well Flagged with a Decent Discount
- Morning Views Asia: Azure Power Global Ltd
Patanjali Foods FPO – Very Well Flagged with a Decent Discount
- The promoters of Patanjali Foods aim to sell up to 9% of the company via an FPO.
- The sale is being done so as to increase the firm’s public shareholding to the minimum required 25% imposed by SEBI.
- We have looked at the background of the deal in our earlier note, in this note we talk about the recent update and run the deal through our ECM framework.
Morning Views Asia: Azure Power Global Ltd
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.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
