NBCC, HUDCO shares their sharp upward on February 2 after FM Nirmala Sitharaman in her Budget speech announced that 2 crore more houses will be taken up in the next five years under PM Awas Yojana (Grameen).
With two major events India s budget and US Fed meeting out of the way, analysts expect markets to take support from the ongoing Q3 earnings season, and remain in positive territory
Prashant Jain believes that given the scale at which the government is planning the solar rooftop plan, the utilities space will become crowded. However, he sees some good investment options in the utilities supply side.
The shares of state-run power companies gained up to 14 percent, a day after Finance Minister in her interim budget increased the allocation for this firms
Mahindra Group has also appointed its CFO Manoj Bhat, as the new CEO of Mahindra Holidays Resorts India Ltd. The transition in leadership is scheduled for May 17, 2024.