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At Rs 276 crore, BJP got lion's share of electoral trust funding in 2019-20


At Rs 276 crore, BJP got lion’s share of electoral trust funding in 2019-20
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Synopsis
A study of contribution reports of various electoral trusts for FY20 shows BJP walked away with donations worth Rs 276.45 crore, including Rs 217.75 crore from Prudent, Rs 45.95 crore from Jankalyan Electoral Trust, Rs 9 crore from A B General Electoral Trust and Rs 3.75 crore from Samaj Electoral Trust.
PTI
(This story originally appeared in
on Jun 09, 2021)BJP dominated donor receipts from electoral trusts, cornering 80% of Rs 271.5 crore raised by Prudent Electoral Trust, having Bharti Airtel group and DLF Limited among its major donors, in 2019-20. ....

Shiromani Akali Dal , Bharti Airtel , Rashtriya Lok Dal , Jannayak Party , Samaj Electoral , Paribartan Electoral , Samajwadi Party , Birla Corporation Ltd , Jk National Conference , Aam Aadmi Party , Prudent Electoral , Jankalyan Electoral , Progressive Electoral , Indian National Lok Dal , Prudent Electoral Trust , Jankalyan Electoral Trust , Selection Comission , Shiv Sena , Paribartan Electoral Trust , Indian National Lok , Progressive Electoral Trust , Electoral Trust , Rashtriya Lok , Jharkhand Mukti , Election Funding , Electoral Bonds ,

Clariant Chemicals (India) Ltd leads losers in 'A' group


Godawari Power & Ispat Ltd, Birla Corporation Ltd, Indian Energy Exchange Ltd and Tata Steel Ltd are among the other losers in the BSE s A group today, 20 May 2021.
Godawari Power & Ispat Ltd, Birla Corporation Ltd, Indian Energy Exchange Ltd and Tata Steel Ltd are among the other losers in the BSE s A group today, 20 May 2021.
Clariant Chemicals (India) Ltd crashed 7.40% to Rs 483.05 at 14:49 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 30017 shares were traded on the counter so far as against the average daily volumes of 21800 shares in the past one month.
Godawari Power & Ispat Ltd tumbled 6.06% to Rs 883. The stock was the second biggest loser in A group.On the BSE, 38654 shares were traded on the counter so far as against the average daily volumes of 25012 shares in the past one month. ....

Godawari Power Ispat Ltd , Indian Energy Exchange Ltd , Birla Corporation Ltd , Clariant Chemicals India Ltd , Tata Steel Ltd , Godawari Power , Ispat Ltd , Corporation Ltd , Energy Exchange Ltd , Steel Ltd , Capital Market , States And Union Territories Of India , Bse Sensex , Economy Of Jharkhand , Nifty 50 , Tata Steel , Economy Of India , Iron Amp Steel Nec , Cement Amp Concrete Manufacturing , Specialty Chemicals Nec , Securities Amp Commodity Exchanges , Steel Mills Amp , கோதாவரி பவர் நான் துப்பினேன் லிமிடெட் , இந்தியன் ஆற்றல் பரிமாற்றம் லிமிடெட் , பிர்லா நிறுவனம் லிமிடெட் , கிளாரியண்ட் இரசாயனங்கள் இந்தியா லிமிடெட் ,

birla corporation share price: Buy Birla Corporation, target price Rs 1330: Motilal Oswal


Motilal Oswal has buy call on
Birla Corporation with a target price of Rs 1330. The current market price of Birla Corporation Ltd. is Rs 999.25.
Birla Corporation Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 7775.61 Crore) operating in Cement sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 2146.12 Crore, up 17.74 % from last quarter Total Income of Rs 1822.82 Crore and up 24.92 % from last year same quarter Total Income of Rs 1718.03 Crore. Company reported net profit after tax of Rs 249.33 Crore in latest quarter.
The valuation is attractive at 5.8x FY23E EV/EBITDA (~15% discount to its 10-year average) and USD68/t of capacity (~30% discount to replacement cost). It values BCORP at 7x FY23E EV/EBITDA to arrive at TP of INR1,330. ....

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