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BY 匚尺乇乇卩ㄚ卩卂丂ㄒ卂ⁱᵗᵃ
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匚尺乇乇卩ㄚ卩卂丂ㄒ卂ⁱᵗᵃ Telegram | DID YOU KNOW?
Date: | 匚尺乇乇卩ㄚ卩卂丂ㄒ卂ⁱᵗᵃ
Tata Power whose core business is to generate, transmit and distribute electricity has made no money to investors in the last one decade. That is a big blunder considering it is one of the largest power generation companies in the country. One of the reasons is the company's huge debt levels which stood at ₹43,559 crore at the end of March 2021 compared to the company’s market capitalisation of ₹44,447 crore.
Importantly, that investor viewpoint is not new. It cycles in when conditions are right (and vice versa). It also brings the ineffective warnings of an overpriced market with it.Looking toward a good 2022 stock market, there is no apparent reason to expect these issues to change.
匚尺乇乇卩ㄚ卩卂丂ㄒ卂ⁱᵗᵃ from ye