RailTel is favourably positioned to benefit from several policy-led enhancement and digitisation plans; can be a good long-term investment bet, say analysts.
The recent bull run is significant because it follows a long bearish period when public shareholders questioned the profitability of these companies. The improved financial performance of tech companies is now forcing other new entrants to focus on better financials before approaching the market.
The Nippon India Innovation Fund will invest in innovative firms after its NFO ends. It’s a high-risk, high-return play meant for savvy investors who can withstand volatility. While the fund house’s resurgence might instill some confidence, it may be prudent to be patient.
Days after the International Monetary Fund raised its growth forecast for India for 2023-24, Morgan Stanley and S&P Global have voiced their optimism about the economy’s future