Midcap Navratna PSU stock: Rail India Technical and Economic Service, (RITES) Ltd, a Navratna PSU, is making waves in the stock market today, with shares surging over 7 per cent on news of a major international deal. The mid-cap infrastructure consultancy has inked a groundbreaking partnership with Etihad Rail, positioning itself for significant rail infrastructure … Read more
Mazagon Dock Shipbuilders share price traded sharply lower in early trade on Monday as brokerage firm ICICI Securities sees a massive downside of 77% on the defence PSU stock. Mazagon Dock shares declined as much as 5.5% to ₹4,700.00 apiece on NSE. ICICI Securities believes the defence stock Mazagon Dock Shipbuilders share is overvalued at … Read more
A bulk of Arora’s own equity investments have been made through Helios’ funds. On the consumption side, he has turned cautious on traditional consumption themes such as consumer durables and consumer staple. Instead, he has now built up positions on a consumption sub-theme – travel. “Indian consumers want to spend more on experiences. We have … Read more