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Many of these groups claim to be run by investors, fund managers, and advisers including Porinju Veliyath, Madhusudhan Kela, Ashish Kacholia, Anup Maheshwari and Rachana Ranade, among others. Some of them even claim to be run by popular television anchors. ....
Porinju Veliyath, CEO of Equity Intelligence India, believes that the oil and gas sector, including companies like ONGC, HPCL, and BPCL, is an overlooked investment opportunity. These companies have single-digit PEs and high dividend yields, and are expected to experience faster earnings growth. Veliyath also discusses the strength of the Indian economy and the clear geopolitical formations that make India a strong player on the global stage. He advises caution in the current market, as there may be corrections and consolidations, but remains optimistic about the long-term growth prospects of the Indian economy. ....
Porinju Veliyath believes that the formation of tourism hubs, along with themes like affordable housing, is important. He mentions the potential of religious and pilgrimage tourism with international airports and sufficient infrastructure. The development of tourism can contribute 1% to India s GDP. EIH is a good bet in the luxury tourism sector, especially with new opportunities like Ayodhya. There is potential for growth in the tourism sector, which will have an overall impact on the economy. Porinju expects ONGC to lead the PSU pack in the next one to two years due to its low valuation. ....
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ET NOW and ET NOW SWADESH announce Budget 2024 – Vikas Ki Guarantee adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.