Psu Capex

HAL, which had a cash and bank balance of Rs 17,671 crore, had capex plans for just Rs 800 crore and long term borrowings of just Rs 4 crore. Its profit after tax (PAT) stood at Rs 2,388 crore.

The debt-equity ratio of the PSU steel maker, as on March-end, stood at 0.59:1 against 0.53:1 as on March-end of the previous year. The rise is mainly on account of increase in borrowings during the year to meet the capex requirements.

Seven power PSUs, including the country's largest electricity generator NTPC, have drawn up total capital expenditure plans of Rs 51,425.84 crore during the current financial year 2014-15. The total capex or capital expenditure of the seven PSUs for FY2014-15 is just 3.4 per cent higher than that of Rs 49,731.90 crore in 2013-14.

"Renewed confidence on the capex and policy front is likely to help the market go higher. However, the Nifty is unlikely to touch the 6,000 level in the next three months," he said in an interview to NDTV Profit.

HAL, which had a cash and bank balance of Rs 17,671 crore, had capex plans for just Rs 800 crore and long term borrowings of just Rs 4 crore. Its profit after tax (PAT) stood at Rs 2,388 crore.

The debt-equity ratio of the PSU steel maker, as on March-end, stood at 0.59:1 against 0.53:1 as on March-end of the previous year. The rise is mainly on account of increase in borrowings during the year to meet the capex requirements.

Seven power PSUs, including the country's largest electricity generator NTPC, have drawn up total capital expenditure plans of Rs 51,425.84 crore during the current financial year 2014-15. The total capex or capital expenditure of the seven PSUs for FY2014-15 is just 3.4 per cent higher than that of Rs 49,731.90 crore in 2013-14.

"Renewed confidence on the capex and policy front is likely to help the market go higher. However, the Nifty is unlikely to touch the 6,000 level in the next three months," he said in an interview to NDTV Profit.