
Stainless steel demand likely to grow 9% in next three fiscals: Crisil
Sector’s capital expenditure is set to rise, but credit profile of domestic stainless steel manufacturers are expected to remain healthy in FY24, says Crisil
Sector’s capital expenditure is set to rise, but credit profile of domestic stainless steel manufacturers are expected to remain healthy in FY24, says Crisil
Domestic brokerage Ventura has initiated coverage on this midcap stock with a “BUY” for a target price of ₹729.2, a potential upside of 239% over the next 30 months.
The construction and services firm has rallied 12% in two sessions after it bagged orders worth ₹6,163 crore from Adani Group.
Pallonji is survived by his wife Patsy, daughters Laila Rustom Jehangir, Aloo Noel Tata, sons Shapoor Mistry and Cyrus Mistry.
The ace investor has increased stake by 0.72% in the infrastructure company through his wife Rekha Jhunjhunwala's portfolio.
Government's bet on infrastructure is pepping up capital goods, construction, cement, metals and banking stocks.
The cautious easing of the lockdown in several states and the reverse migration of labour will make a return to normal economic activity a difficult task.
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
Traditionally, the architectural, engineering and construction industry has shied away from the extensive use of technology, but remaining puritanical is no longer a choice.
The advent of Industry 4.0 is going to be accelerated as factories will struggle to find labour that was earlier easily and competitively available in a country like India.