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Recovery is on, spend more, GoI

Investment must come primarily from the government at this juncture. The private sector is, indeed, preparing for demand revival, but would firm up and expand their plans, were it to see determined effort by the government to make good on its budgeted expenditure and to crystallise additional investment in key infrastructure. ....

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Adani Ports: Will Adani Ports come out of the bear grip post Q1 earnings?


NEW DELHI:
Adani Ports June quarter results beat Street estimates but a few analysts felt the management s guidance lacked surprises. Analysts, who see limited positive surprises ahead, have upside targets as low as 5 per cent. Others who see it as a compelling story on India s EXIM play see up to 40 per cent upside on the counter.
On Wednesday, the scrip was trading at Rs 709, up 0,54 per cent. At this level, the scrip is off 21 per cent from its record high of Rs 901 apiece.
Edelweiss said Adani Ports Ebitda came in higher than its expectations led by SEZ revenue and better-than-expected realisations of Rs 441 per tonne. It said the company has further fortified its numero uno position in ports led by strong market share gains and new acquisitions and is fast extending its port gate operations through logistics to become an integrated company. ....

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कारोबारी गतिविधियां शुरू होने के साथ तेजी से हो रहा पुनरूद्धार: नोमुरा

कारोबारी गतिविधियां शुरू होने के साथ तेजी से हो रहा पुनरूद्धार: नोमुरा
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