In today’s briefing:
- NTPC Green IPO Trading – Lacklustre Demand, Similar to Recent Listings
- Southwest Gas Holdings Inc (SWX) – Monday, Aug 26, 2024
NTPC Green IPO Trading – Lacklustre Demand, Similar to Recent Listings
- NTPC Green Energy Ltd (2214556D IN) raised around US$1.2bn in its upcoming India IPO.
- NTPC Green Energy Limited (NGEL) is a renewable energy public sector enterprise and a wholly owned subsidiary of NTPC Limited, a Maharatna central public sector enterprise (PSU).
- We have looked at the company’s past performance and valuations in our earlier notes. In this note, we talk about the trading dynamics.
Southwest Gas Holdings Inc (SWX) – Monday, Aug 26, 2024
- Southwest Energy Corporation is focusing on natural gas distribution utilities, having sold its pipeline and storage business
- The company holds a majority stake in Centuri Holdings, an infrastructure construction services provider
- Southwest Energy is expected to pay off debt, initiate buybacks or increase dividends, and has rate case filings in multiple states that could lead to substantial rate base growth
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.
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