SREI Infra Consolidated December 2022 Net Sales at Rs 240.91 crore, down 71.13% Y-o-Y

Public sector asset reconstruction company NARCL is likely to revive Srei Infrastructure Finance Ltd (SIFL) and wind up the group’s equipment financing arm SEFL after recovering outstanding debt in seven years, a source said on Sunday.

NARCL may revive Srei’s group’s infra financing arm SIFL, wind up SEFL

Stocks to watch out for today: RailTel, Srei Infra, Vedanta, HDFC, Bharat Forge, CRISIL and more

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Srei Equipment Finance Ltd and Srei Infrastructure Finance Ltd are currently undergoing insolvency proceedings in NCLT. The RBI has already superseded the respective boards earlier.

Srei insolvency: Kanorias’ offer to pay off dues rejected under technical ground

SREI Infrastructure Finance reports consolidated net loss of Rs 3218.63 crore in the December 2022 quarter

The Reserve Bank on Tuesday appointed V Ramachandra, former chief general manager of Canara Bank, as a member of the Advisory Committee of Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL).

RBI appoints V Ramachandra as member of Advisory Committee of SIFL, SEFL

The Enforcement Directorate (ED) Tuesday conducted simultaneous raids here on properties of of two organisations - Srei Infrastructure Finance Ltd and Srei Equipment Finance Ltd, which are undergoing bankruptcy proceedings, in connection with the

Enforcement Directorate searches Srei subsidiaries undergoing bankruptcy

A Bench led by Chief Justice DY Chandrachud’s upheld the order of the National Company Law Appellate Tribunal (NCLAT) rejecting Srei Infrastructure Finances’ promoter Adisri Commercial’s plea for quashing of the National Company Law Tribunal’s October 8, 2021 order that admitted Srei Equipment under…

SC dismisses plea seeking stay on insolvency process against 2 Srei Cos

Srei Infrastructure Finance: Submits highest net present value bid of Rs 5,555 cr; process may complete by early FY24

NARCL emerges as the top bidder for SREI twins with an NPV of Rs 5,555 cr

The Kolkata-based Srei Infrastructure Finance Ltd (SIFL) and Srei Equipment Finance Ltd (SEFL), which are undergoing a resolution process in the National Company Law Tribunal (NCLT), have received three bids.

Srei CoC offers window for resolution applicants to revise bids by December 15

Srei Infrastructure Finance and Srei Equipment Finance (SEFL) generated a lot of interest among potential bidders after the administrator restarted the sale process a couple of months ago. ArcelorMittal-promoted A M Mining India and Capri Global - the two late entrants - have sought longer time for …

Srei companies, RCap may get more resolution offers

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Srei Infrastructure Finance Limited is an infrastructure finance company engaged in the business of financing of companies or of providing infrastructural facilities.