Premier Energies is a fixed-cost heavy business, profitability could also be affected by lower utilisation and realisation, the brokerage said, adding that the stock is “fairly priced”, and therefore the limited upside potential from Avendus Spark.
Premier Energies is a fixed-cost heavy business, profitability could also be affected by lower utilisation and realisation, the brokerage said, adding that the stock is “fairly priced”, and therefore the limited upside potential from Avendus Spark.