Harshvardhan Dole says: “One must align the allocation more towards generation and distribution. From a pecking order perspective, we like ...

“We value Reliance Retail closer to about $105 to $110 billion on an aggregate basis. The valuation that seems to be in the media is more o...

“The whole power story can be played in multiple ways. Either you own the traditional utilities or you end up owning these suppliers or the...

Shares of Mahanagar Gas and Indraprastha Gas fell by up to 6% following the government's decision to maintain domestic gas prices. The pric...

Frankly, after the decadal long consolidation, strictly the large merchant power revenue models do not continue to exist as of now.

“NTPC’s dividend payout has been consistently higher and it is offering a very asymmetric payoff which means that the downside is fairly li...

“When it comes to the target price our SOTP on RIL is close to Rs 3,000 and the way we are valuing each of these businesses is we take the ...

“Reliance is a stock which should be there in the portfolio because oil and gas will continue to generate heaps of cash and the other two b...

“The 62% increase in gas price now was broadly what the market was expecting and that has come as a great relief.”

The outlook on each of the businesses is improving and that has led to a marginal upgrade in EPS estimation for FY21, FY22 and FY23, says H...

JSPL has emerged stronger than what it was earlier. So that is one cothat has emerged as one key beneficiary. The other surely is CESC.

"NTPC operates on a costless model. So, all the operational costs, including the fuel, are a complete pass-through."

"A regulator is supposed to determine the tariff but there are certain loopholes in the law which do not allow it to go ahead and do so."

We continue to be positive on Tata Power because that is one company which has got its revenue model correct .

NTPC is certainly a company in the utility space that will give you returns which are in line with the earnings growth for over the next th...

In an Interview with ET Now, Harshvardhan Dole, Analyst, Power, Institutional Equities, IIFL, gives his views on power sector. Excerpts:

Mid-caps have been badly mauled but this could be just the right time to buy them cheap. ET Wealth looks at mid-cap stocks that fund manage...