“I would rather stick with the frontline financials and NBFCs rather than getting into some of these fintech names. As a Diwali pick, I would still go with REC Limited because it finances both infrastructure as well as financing projects. It trades well under book value, trades at about 0.7 times. It still has a very long growth trajectory ahead.”
The new terminal will be another feather in the cap of Gautam Adani’s conglomerate, which faced a scathing short seller attack in January alleging corporate malfeasance — charges the Adani Group has denied.
Adani s new mega port to lure world s biggest ships to India - Industry News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
News, “The upcoming ports at Vizhinjam (Kerala) and Vadhavan (Maharashtra) have natural drafts in excess of 18 meters that would enable ultra large cargo
Until now, the world’s biggest container ships had skipped India because its harbours weren’t deep enough – docking instead at ports such as Colombo, Dubai and Singapore.