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As things stabilise post the vaccination drive, things will come back into shape and the market will continue its uptrend, says Prasanth Prabhakaran, MD & CEO, Yes Securities. Edited excerpts: What are your thoughts on the fear of global yields coming down? Do you subscribe to the argument that it is just a reason for the market to clean the froth and good quality stocks will attract flows once again? The fact remains that when you have a V-shaped recovery in stock markets, you will have froth and there will be umpteen attempts by the market to regularly clear this out and end up making sure that you have a stronger recovery. It is typical of a bull market. There are phases of trend reversals. However, the abundance of liquidity and strengthening of the economy which will happen in the future will limit the downside. Any retracement will be a lucrative opportunity for savvy investors. ....
“The market has run up thanks to liquidity. In case it gets pulled out, there will be corrections in the bull rally. It is not going to happen immediately or for the next nine to 12 months at least.” ....
smallcaps: Midcap and smallcap rally has just started: Prasanth Prabhakaran indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
WABAG secures Financial Closure of NMCG Project and ties up Investment Partner Posted On: 2021-02-17 11:34:56 (Time Zone: Arizona, USA) VA TECH WABAG LIMITED ( WABAG ), a leading Pure Play Water Technology Indian Multinational Company has completed the Financial Closure for its Hybrid Annuity Model ( HAM ) project received from Kolkata Metropolitan Development Authority ( KMDA ). WABAG had earlier signed a Rs. 575 Crore HAM concession agreement under the Namami Gange programme administered by the National Mission for Clean Ganga (NMCG ) which included the scope of engineering, supply and construction of new sewage treatment plants, renovation and up-gradation of existing sewage treatment plants, rehabilitation of pumping stations and other associated infrastructure in Kolkata. WABAG will execute Engineering, Procurement and Construction ( EPO ) portion of this project over 24 months followed by O&M of 15 years. Once complete, the project with a cumulative ....
VA TECH WABAG Ltd ( WABAG ), a leading pure play water technology company, announced financial closure for its Hybrid Annuity Model (HAM) project received from Kolkata Metropolitan Development Authority (KMDA). The project debt requirement will be funded by a consortium of International Finance Corporation (IFC) and Tata Cleantech Capital Limited (TCCL) WABAG had earlier signed a Rs 575 crore HAM concession agreement under the Namami Gange programme administered by the National Mission for Clean Ganga (NMCG) which included the scope of engineering, supply and construction of new sewage treatment plants, renovation and upgradation of existing sewage treatment plants, rehabilitation of pumping stations and other associated infrastructure in Kolkata. ....