7.KNR’s revenues weakness impact is expected to be among the least owing to decent execution in the irrigation project. Hence, we expect revenues to de-grow 3% YoY to | 530 crore (up 1% on adjusted basis as base quarter had | 21.8 crore interest income on arbitration claim in the topline), EBITDA margin is expected to contract 70 bps YoY to 19%, on adjusted basis. Overall, we expect bottomline to decline 40,8% YoY to | 41.5 crore, given the one-offs and lower tax in base quarter. Key Monitorable: Status on HAM projects.
8.Apollo Hospitals' board has approved raising upto | 1500 crore through preferential allotment or QIP. As per the press release, the funds would be utilized for 1) purchasing the balance 50% stake in Apollo Gleneagles, 2) any potential inorganic opportunity, 3) reducing debt, 4) technology upgradations and 5) other general corporate purposes
9.For the month of Oct 20', JSW Steel crude steel production increased by 4%MoM & 7%YoY to 13.38 million tonnes (MT)(12.88MT on Sep 20’ & 12.54MT on Oct’19).Furthermore during the month of Oct 20', production of Rolled Products: Flat was flattish on YoY basis & increased by 6%MoM as it stood at 9.76MT(9.20MT on Sep 20’ & 9.77MT on Oct 19’) & Rolled products: Long increased by 16%YoY & 2%MoM as it stood at 3.01MT(2.95MT on Sep 20’ & 2.58MT on Oct 19’)
8.Apollo Hospitals' board has approved raising upto | 1500 crore through preferential allotment or QIP. As per the press release, the funds would be utilized for 1) purchasing the balance 50% stake in Apollo Gleneagles, 2) any potential inorganic opportunity, 3) reducing debt, 4) technology upgradations and 5) other general corporate purposes
9.For the month of Oct 20', JSW Steel crude steel production increased by 4%MoM & 7%YoY to 13.38 million tonnes (MT)(12.88MT on Sep 20’ & 12.54MT on Oct’19).Furthermore during the month of Oct 20', production of Rolled Products: Flat was flattish on YoY basis & increased by 6%MoM as it stood at 9.76MT(9.20MT on Sep 20’ & 9.77MT on Oct 19’) & Rolled products: Long increased by 16%YoY & 2%MoM as it stood at 3.01MT(2.95MT on Sep 20’ & 2.58MT on Oct 19’)