EV bet to give Mahindra's valuation an all-wheel drive https://ift.tt/E8qKjLW monetisation could add around ₹130-160 per share to the SUV business valuation and its share could reach a quarter of the total fair value of the company as the valuation of the SUV business shoots up. The SUV business is in a sweet spot after a gap of nearly eight years, with positive triggers resulting in continuous improvement of the fair value of the SUV business.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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