In today’s briefing:
- Praj Industries: Today’s Unimaginable Is Tomorrows Conventional Wisdom
- Asia HY Monthly – January 2023 – Lucror Analytics
Praj Industries: Today’s Unimaginable Is Tomorrows Conventional Wisdom
- Robust medium-term earnings growth, softness in commodities to ease margin pressure.
- Beneficiary of new energy capex, likely blending of Compressed Biogas with CNG furthers capex outlook.
- Stock has corrected 45% from peak, valuations turn more reasonable.
Asia HY Monthly – January 2023 – Lucror Analytics
The Asia Monthly focuses on providing updates on recent events, information on new issues and spread movements, as well as summarising our top picks. The Asia Monthly is intended to broaden investors’ understanding of the Asian USD high-yield market.
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