Credit

Ambuja Cements may repay Penna’s debt – ET Infra

MUMBAI: Private credit funds including Edelweiss Alternative Asset expect Ambuja Cements to repay ahead of schedule Penna Cement’s debt that is costing more than 15% per annum. Adani Group-controlled Ambuja Cements last week announced the acquisition of Penna Cement for ₹10,442 crore, including debt. The group will repay Penna’s existing high-cost debt, including those from […]

Ambuja Cements may repay Penna’s debt – ET Infra Read More »

Detail-to-earnings ratio of steel cos to remain below 2 times: Crisil – ET Infra

Research firm Crisil Ratings on Monday said it expects the net debt-to-EBITDA ratio of domestic steel manufacturers to stay below the level of 2 times in the financial year 2023-24. The steel makers had reported the ratio of net debt to EBITDA in the range of 1.6-1.7 times in preceding financial year (FY) 2022-23, Crisil

Detail-to-earnings ratio of steel cos to remain below 2 times: Crisil – ET Infra Read More »

Open chat
1
How May I Help You.
Scan the code
Vishwakarma Guru Construction
Hello Sir/Ma'am, Please Share Your Query.
Call Support: 8002220666
Email: Info@vishwakarmaguru.com


Thanks!!