And I always talked about that growth as a cycle which peaked out in September 2021 which lasted for a decade, more than like started in rally from August 2012 and if even 20-30% of money shift from growth towards value, there will be big up move which can continue in value stock and that is a thesis which we are playing and I think it is a decadal call.
GMR and Adani Group are potential choices for airport infrastructure. Rail companies orders will provide significant upside. Capital goods and electronic manufacturing companies earnings were disappointing due to low margins. RVNL is a well-managed company. Dixon is disappointing. I would like to flag that in most PSUs, the changes in the management are minimal, but the order books are definitely great but that does not necessarily translate into 800%, 1000% growth in terms of the stock price that we have seen in some of these stocks.
Rohit Srivastava discusses the market setup and the sell-on rally trend. He mentions that the market has made a series of higher highs and higher lows, but a break in this pattern would indicate a downward trend. He also talks about the performance of PSU stocks, cautioning against buying at the current highs. He shares his view on the realty sector, suggesting that a pullback to 814 on the Nifty Realty Index could be a good support level. Lastly, he mentions that while value may still exist in the mid and smallcap segment based on positive earnings growth, a technical correction is expected.
India News: PM Modi defends his government's handling of public sector companies, accusing the Congress and UPA of leaving them in disarray. He highlights the res
The finance minister s brevity in the announcement reflects the clarity in India s vision statement going forward. The confidence in the finance minister is backed by the success of government programmes, rising per capita income, and emphasis on infrastructure investment. The PSU sector will benefit from the efficiency of public sector companies, their business potential, re-rating, investments in ROI and technology, and their support to the government. The divestment target of Rs 50,000 crore indicates further opportunities for the PSU space.