After a potential exit from Europe, India business would generate Rs 130-140 billion FCF before growth capex in FY2022E/23E. With ~20% FCF yield, growth plans would not increase leverage.
from The Financial Express https://ift.tt/34riUbk
https://ift.tt/eA8V8J Kotak Institutional Equities
from The Financial Express https://ift.tt/34riUbk
https://ift.tt/eA8V8J Kotak Institutional Equities
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