Jefferies adds Coal India, Honasa, Eicher, NTPC, HDFC Bank to India portfolio
Jefferies noted that concerns about higher US yields, rising oil prices, and near-term state election outcomes have subsided
Stay updated with breaking news from Chola. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Jefferies noted that concerns about higher US yields, rising oil prices, and near-term state election outcomes have subsided
MP Wario urges national government to allocate Sh5bn for the resettlement of El Nino victims
“Southern India is a great source of value creating companies. These are nice low profile companies. They just get on with their business and deliver exceptional returns. CG Power has been a fantastic multibagger stock and what a fantastic turnaround story it has been and kudos to Tube Investment for identifying this opportunity and buying into it and turning it around so quickly and creating so much value for the shareholders.”
“Lending from NBFCs is a point of concern but there is enough buffer on the other side and most banks are very well capitalised. I still think HDFC, ICICI and Axis should be in all portfolios. Maybe they have underperformed for the last few months but I think now they can start to be in line with market performance.”
Many schools reported delays on the school portal and via SMS short code.