Daily BriefsIndia

Daily Brief India: Synergy Green Industries, Indika Energy and more

In today’s briefing:

  • Synergy Green Industries- Forensic Analysis
  • Weekly Wrap – 31 Mar 2023

Synergy Green Industries- Forensic Analysis

By Nitin Mangal

  • Synergy Green Industries (SYGIL IN)  is engaged in the business of foundry i.e., manufacturing of wind turbine casting and other large precision castings.
  • The company has been quite aggressive regarding its capex in the last few years especially, but the value add of these projects remains to be seen.
  • Levered balance sheet, volatile business operations coupled with high related party transactions are some of the discomforts on the forensic front.

Weekly Wrap – 31 Mar 2023

By Charles Macgregor

Lucror Analytics Weekly Wraps provide an overview of all Morning Views comments and reports published by our analyst team in the past week, and also showcase a list of the most-read reports.

In this Insight:

  1. Japfa Comfeed Indonesia
  2. Yankuang Energy Group
  3. Anton Oilfield
  4. China Jinmao Holdings
  5. Lifestyle International Holdings

and more…

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