Discover how auto ancillary companies are set to benefit from Tesla s expansion into the Indian EV market. Explore the opportunities for companies like SK, Sundram Fasteners, Suprajit, Motherson, and Sandhar Tech in the growing electric vehicle sector.
Electric Vehicles: Discover how auto ancillary companies are set to benefit from Tesla s expansion into the Indian EV market. Explore the opportunities for companies like SK, Sundram Fasteners, Suprajit, Motherson, and Sandhar Tech in the growing electric vehicle sector.
Valuation concern persists. Hedging bets with strong earnings growth. Risk-reward opportunities in banking, pharma, tech. EMS sector, Dixon Tech, Amber Enterprises, Kaynes Technology, Syrmavery have growth potential. Linear growth in pharma midcap names, PB Fintech, Paytm, and insurance tech market show promise. Fair valuation and growth rate must be assessed.
Pawan Parakh of Renaissance Investment Managersbelieves the power sector is entering a big secular cycle with increasing demand and potential earnings in generation, transmission, distribution, and financial sectors. However, he is generally underweight on metals due to global news flows. Parakh mentions the frothiness in railway stocks and the power sector, highlighting the expensive utilities but the potential in power financiers like REC.
India s benchmark indexes
Nifty 50 and Sensex rose on Thursday, led by energy stocks and
tracking a rebound in their Asian peers, as investors awaited
key U.S. inflation reading for cues on interest.