Leading Green Energy company , I am looking for budget for Support for Green Energy
Negative :- Stock is trading at 2.70 times its book value Company has low interest coverage ratio. The company has delivered a poor sales growth of 9.19% over past five years. Tax rate seems low Company has a low return on equity of 5.53% over last 3 years. Earnings include an other income of Rs.4,275 Cr. Positive:- Company is expected to give good quarter Company has been maintaining a healthy dividend payout of 39.1%