The government’s offer for sale (OFS) in Bharat Heavy Electricals Ltd (BHEL) is being offered at a floor price of Rs 254. According to JM Financial, which has a buy rating on the stock, the OFS price implies a valuation of 21x FY28 estimated earnings, compared to the stock’s prevailing multiple of around 23x FY28 […]
A restless NSW coal mine is only a few months after it has been deposited into the recipient and administration after years of non -use. Dartbrook Mine, an underground thermal coal joint venture in the Hunter Valley, had been emptied since 2006 until the end of last year was revived. Last month, the owner, ASX-Gente […]