Stay updated with breaking news from Outsourced Semiconductor Assembly. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Jefferies has initiated coverage on 13 Indian stocks in 2024, expanding its total coverage to 188 stocks with a combined market cap of $3.4 trillion, representing 70 percent of India's listed market. Most of these newly covered stocks have significantly outperformed the benchmark index.
PULAU PINANG: Siliconware Precision Industries Co., Ltd. (SPIL), a major global semiconductor packaging and testing company, celebrated a significant milestone with the ground-breaking ceremony of its Malaysia P1 plant at Bandar Cassia Technology Park, Pulau Pinang.
According to experts, the power and railway segments will remain CG Power's twin growth engines.
For the whole year, the standalone PAT was 28 percent at Rs 1,004 crore compared to Rs 785 crore in FY 23.
The estimated investment in the project over five years is Rs 7,600 crore and the same is expected to be funded by a combination of government subsidies, equity contribution and potential bank borrowings as required, the company said.