Primer: Power Grid Corporation Of India (PWGR IN) - Sep 2025
Power Grid Corporation of India Ltd (PGCIL) is a Maharatna Central Public Sector Undertaking (CPSU) and India's largest electric power...
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Power Grid Corporation of India - Strong Momentum in Project Wins Continues
Its market share in new project wins was over 50% in FY24/ 9MFY25. Its order backlog (or work in hand) has increased to INR 1.5trn (~1.8x YoY).
402 Views
Travel Food Services IPO - RHP Updates & Thoughts on Valuation
Travel Food Services (TFS) is looking to raise about US$233m in its India IPO. In this note, we will talk about the RHP updates and IPO valuations.
588 Views
Temporary Shock, Structural Strength: Why KEC’s Upcycle Still Holds
PGCIL bars KEC from new tenders for 9 months, but ongoing projects unaffected. KEC's diverse orders limit impact, with strong Q2 results and focus...
343 Views
Groww IPO Trading - Decent Overall Demand
Groww raised around US$747m in its India IPO. In this note, we will talk about the subscription demand and the trading dynamics.
309 Views