ON JUNE 19, two terrorists were killed by the Army in an encounter in Sopore in north Kashmir’s Baramulla district. The two had crossed from Pakistan into Rajouri-Poonch in Jammu and were behind the December 21 killing of four soldiers in an ambush in Thanamandi last year. Their cellphones, a probe revealed, had clips of a T20 cricket match in Abu Dhabi, details that suggested a “level of education not very common and a good family background”, and their use of weapons reflected they were among the “most highly trained…
Tag: Grid
Power Grid: BofA Securities upgrades Power Grid to a buyout
[ad_1] MUMBAI: Bank of America Securities has upgraded to ‘buy’ citing whose defensive features? store and higher Dividend yield. shares of power grid Friday closed 0.3% higher at ₹209.20. Bank of America Securities said, “Given its defensive features led by an assured return-based regulated business model and our cautious outlook on macro volatility, we believe this sharp underperformance is unwarranted.” Evaluation The brokerage said that at two-year forward book value, 1.7x is not more expensive. Bank of America Securities said transmission capex in India is peaking, which could result in…