The Indian Government and Reserve Bank of India has announced several relief packages to combat the adverse impacts of COVID-19 and the lockdown implemented last week. The lockdown encompasses all non-essential industries and has resulted in Mercantile shutting down operations. As a result of the current market uncertainty, we are withdrawing our forecasts from the market and move our recommendation to Under Review until macroeconomic conditions stabilise. We believe the long-term prospects for ....
02 Apr 2020
Cenkos: Mercantile Ports & Logistics Ltd -- Access to £20.5m
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Cenkos: Mercantile Ports & Logistics Ltd -- Access to £20.5m
Mercantile Ports & Logistics Limited (MPL:LON) | 1.8 0 0.0% | Mkt Cap: 6.41m
- Published:
02 Apr 2020 -
Author:
Cavendish Research -
Pages:
5
The Indian Government and Reserve Bank of India has announced several relief packages to combat the adverse impacts of COVID-19 and the lockdown implemented last week. The lockdown encompasses all non-essential industries and has resulted in Mercantile shutting down operations. As a result of the current market uncertainty, we are withdrawing our forecasts from the market and move our recommendation to Under Review until macroeconomic conditions stabilise. We believe the long-term prospects for ....