BSE: 533096 NSE: ADANIPOWER Price Rec. 106.85 Adani Power Limited. The Group's principal activity is to develop, operate and maintain power project in India. The Group owns four thermal power projects namely Mundra Phase I and II Power Project, Mundra Phase III Power Project, Mundra Phase IV Power Project and Tiroda Power Project with combined installed capacity of 6,600 Mega Watts (MW). The company awarded a Letter of Intent (LOI) by Rajasthar Rajya Vidhyut Utpadan Nigam Ltd.(RRVPNL) for purchase of upto 1,200 MW of power on long-term basis. Also awarded a Letter of Intent (LOI) fcy Maharashtra State Electricity Distribution Company Limited (MSEDCL) for purchase of 1,200 MW of power on long-term basis. Moreover, Adani Group, is planning to set up a 1,320 MW coal-based thermal power plant in Madhya Pradesh. Q3 total sales was INR 2.3 billlion and Net Profit was reported INR 0.72 billion. The total asset for this company is INR 72.7 billion. Adani Power Limited, a su
NSE CODE : INDUSINDBK Rec Price : 141.35 Indusind Bank’s corporate ambition is to reposition itself as a ‘Top 3’ performer among new generation private sector banks in 3 years, measured by Profi tability, Productivity & Efficiency. Indusind Bank’s deposits grew by 16.14% and advances rose by 23.25%, despite the unsettled situation in the international financial markets coupled with slowdown in economic growth in India. The Operating Profit (before depreciation and provisions and contingencies) during the year under review improved to Rs.412.42 crores as against Rs.236.35 crores in the previous year, a rise of 74.50%. Bank’s Net Profit, after considering necessary provisions and contingencies and all expenses, was higher by 97.65% at Rs.148.34 crores as against Rs.75.05 crores in the previous year. Bank has received the highest rating “A1+” for Certificate of Deposits from ICRA Ltd., while CRISIL Ltd. has assigned the highest rating of “P1+” for Certificate of Deposits as