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Multibagger Welspun Enterprises stock jumps over 6 5% on ₹1,864-crore order win

Welspun Enterprises shares surged 8.6% during intraday trading, settling with a 6.54% gain. The company secured a major project worth Rs. 1,864.71 crore in Maharashtra. Despite revenue and profit decline in FY24, it exceeded margin guidance, boasting a record order book for FY25.

infra stocks: Tailwinds of coordination between central and state governments: 7 companies from road construction and infrastructure sector

While government policy impacts every sector in one way or another, there are some sectors where government policy is the most important factor both for growth and survival. Why it is important, because all of the spending in that sector is done by the government, it could be central or the state government. At first, it was the central government, but if one looks at how important it has become for gaining political capital, every state government has been focusing on road and highway construction. The impact of a coordinated effort between state and central government is that the lead time for the construction of roads comes down very sharply. This has a positive impact on the bottomline of the companies, right from lower requirement of working capital to higher turnover in terms of companies being able to securitize their assets to other players or private equity funds and move on to take on other projects leading to higher growth in bottomline.

Stocks in news: Tata Motors, Ashok Leyland, Piramal Enterprises Aurobindo Pharma and more

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