Senior Credit Analyst, Lucror Analytics

Tanvi Arora

Senior Credit Analyst

High Yield Experts

Lucror Analytics

Lucror Analytics is a leading credit and ESG research specialist and a provider of technology solutions for differentiated fixed income strategies. Our roots are in bottom-up fundamental credit analysis with a specialization in high yield corporate credits from Europe, Asia and Latin America. We are one of few research specialists integrating ESG considerations with fundamental credit research through a dedicated ESG platform. Our ESG assessment covers five key criteria: Disclosure, E,S, & G Pillars, Controversies, ESG Impact on Credit and ESG Momentum.

Recognizing the importance and value-add of Factor Investing in fixed income, Lucror developed the Smart Quant Navigator (SQN), an intuitive platform that helps clients devise and implement factor-based strategies ranging from pure quant to active fundamental, with integrated ESG.

Our company has been at the forefront of developments in the fixed income markets, identifying opportunities and consistently delivering new products and value-adding solutions to clients. Lucror has close relationships with the largest and most reputable asset managers, family offices, hedge funds, investment and wealth managers globally.

Credit

Continuum Green Energy Limited provides energy solutions. The Company offers engineering, procurement, construction, management, development, and financing services. Continuum Green Energy serves customers worldwide.

<ul>
<li>In today's Morning Views publication we comment on developments of the following high yield issuers: Continuum Green</li>
<li>In the US, the third estimate for Q3/24 annualised GDP was revised upwards to 3.1% q-o-q (from 2.8% in the first and second estimates). Q3 personal consumption was raised to 3.7% (3.6% e / 3.5% p), and the core PCE price index to 2.2% (2.1% e / 2.1% p). Separately, November existing home sales grew at a quicker pace than expected at 4.8% m-o-m (3.2% e / 3.4% p) to 4.15 mn units, the most since March.</li>
<li>Meanwhile, the Conference Board Leading Economic Index rose 0.3% to 99.7 in November, nearly reversing its 0.4% decline in October.</li>
</ul>


In today's Morning Views publication we comment on developments of the following high yield issuers: Continuum Green
In the US, the third estimate for Q3/24 annualised GDP was revised upwards to 3.1% q-o-q (from 2.8% in the first and second estimates). Q3 personal consumption was raised to 3.7% (3.6% e / 3.5% p), and the core PCE price index to 2.2% (2.1% e / 2.1% p). Separately, November existing home sales grew at a quicker pace than expected at 4.8% m-o-m (3.2% e / 3.4% p) to 4.15 mn units, the most since March.
Meanwhile, the Conference Board Leading Economic Index rose 0.3% to 99.7 in November, nearly reversing its 0.4% decline in October.


ReNew Energy Global PLC operates as a renewable energy company. The Company focuses on developing wind, solar, and hydro energy projects. ReNew Energy Global serves clients in India.

<ul>
<li>In today's Morning Views publication we comment on developments of the following high yield issuers: ReNew Energy</li>
<li>In the US, inflation data was benign and supported expectations for a Fed interest rate cut this month. The CPI inflation came in at 2.7% y-o-y in November (2.7% e / 2.6% p), while the core CPI inflation stood at 3.3% (3.3% e / 3.3% p).</li>
<li>US Treasury sold off across the curve, with the yields gaining 4-6 bps. The S&amp;P 500 and Nasdaq gained 0.8% and 1.8%, respectively.</li>
</ul>


In today's Morning Views publication we comment on developments of the following high yield issuers: ReNew Energy
In the US, inflation data was benign and supported expectations for a Fed interest rate cut this month. The CPI inflation came in at 2.7% y-o-y in November (2.7% e / 2.6% p), while the core CPI inflation stood at 3.3% (3.3% e / 3.3% p).
US Treasury sold off across the curve, with the yields gaining 4-6 bps. The S&amp;P 500 and Nasdaq gained 0.8% and 1.8%, respectively.


<ul>
<li>In today's Morning Views publication we comment on developments of the following high yield issuers: Continuum Green, Sunny Optical</li>
<li>Wall Street has been expressing confusion over the Fed's potential decision (according to minutes of the November meeting) to lower the rate on its overnight reverse repo facility (RRP) by 5 bps, possibly as early as next week.</li>
<li>This adjustment comes alongside expectations of a quarter-point cut in the Fed's main policy benchmark. </li>
</ul>


In today's Morning Views publication we comment on developments of the following high yield issuers: Continuum Green, Sunny Optical
Wall Street has been expressing confusion over the Fed's potential decision (according to minutes of the November meeting) to lower the rate on its overnight reverse repo facility (RRP) by 5 bps, possibly as early as next week.
This adjustment comes alongside expectations of a quarter-point cut in the Fed's main policy benchmark. 


Azure Power Global Limited operates as an independent solar power producer. The Company designs, constructs, maintains, and operates solar energy projects. Azure Power Global serves customers worldwide.

<ul>
<li>In the US, existing home sales rose 3.4% m-o-m in October (2.9% e / -1.3% revised p) to an annualised 3.96 mn units.</li>
<li>That said, existing home sales grew at the slowest pace since late 2010, amid rising mortgage costs.</li>
<li>Separately, the Conference Board leading index fell 0.4% (-0.3% e / -0.3% revised p) to 99.5 in October 2024. </li>
</ul>


In the US, existing home sales rose 3.4% m-o-m in October (2.9% e / -1.3% revised p) to an annualised 3.96 mn units.
That said, existing home sales grew at the slowest pace since late 2010, amid rising mortgage costs.
Separately, the Conference Board leading index fell 0.4% (-0.3% e / -0.3% revised p) to 99.5 in October 2024. 


Adani Green Energy Limited operates as a producer of renewable energy. The Company builds, owns, and operates power plants for solar and wind energy. Adani Green Energy serves customers worldwide.


<ul>
<li>Adani Green Energy Limited (AGEL) is one of the world’s largest developers and operators of solar and wind power.</li>
<li>The company’s assets are geographically diversified across India, with total locked-in capacity of 20.4 GW (of which 10.9 GW was operational as of June 2024).</li>
<li>AGEL is listed on the Bombay Stock Exchange and National Stock Exchange of India. </li>
</ul>


Adani Green Energy Limited (AGEL) is one of the world’s largest developers and operators of solar and wind power.
The company’s assets are geographically diversified across India, with total locked-in capacity of 20.4 GW (of which 10.9 GW was operational as of June 2024).
AGEL is listed on the Bombay Stock Exchange and National Stock Exchange of India. 


Adani Green Energy - ESG Report - Lucror Analytics

Tanvi Arora
Senior Credit Analyst
• Lucror Analytics

Lucror Analytics - Morning Views Asia

In today's Morning Views publication we comment on developments of the following high yield issuers: Continuum Green In the US, the third estimate...

Lucror Analytics

Lucror Analytics - Morning Views Asia

In today's Morning Views publication we comment on developments of the following high yield issuers: ReNew Energy In the US, inflation data was...

Lucror Analytics

Lucror Analytics - Morning Views Asia

In today's Morning Views publication we comment on developments of the following high yield issuers: Continuum Green, Sunny Optical

Lucror Analytics

Lucror Analytics - Morning Views Asia

In the US, existing home sales rose 3.4% m-o-m in October (2.9% e / -1.3% revised p) to an annualised 3.96 mn units. That said, existing home sales...

Lucror Analytics

Adani Green Energy - ESG Report - Lucror Analytics

The company’s assets are geographically diversified across India, with total locked-in capacity of 20.4 GW (of which 10.9 GW was operational as of...

Lucror Analytics