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Why are infra and capital-goods stocks still in demand despite premium valuations?

Several infrastructure and capital-goods stocks are trading above their 10-year average PE multiple. Yet, most fund managers are comfortable investing in them because of the underlying growth visibility in these sectors.

Delhi , India , Larsen-toubro , Shreyash-devalkar , Amit-nigam , Amit-anwani , Prabhudas-lilladher , Priyankar-biswas , Axis-mutual-fund , Supreme-court-delhi-metro , Franklin-templeton , Invesco-mutual-fund

Border Roads Organisation: BRO celebrates 65th Raising Day, to soon commence construction of Shinkun La Tunnel

The Border Roads Organisation (BRO) celebrated its 65th Raising Day, with Defence Secretary Giridhar Aramane emphasizing the need for the organization to adopt the latest technology and techniques for faster project completion. The BRO is set to commence construction on the Shinkun La Tunnel, which will be the world's highest tunnel once completed. The celebration event in New Delhi highlighted the BRO's successful operations in challenging terrains and weather conditions, including its contributions to relief efforts during natural disasters.

Afghanistan , Bagdogra , West-bengal , India , Barrackpore , Ladakh , Jammu-and-kashmir , New-delhi , Delhi , Itanagar , Goa , Tajikistan

Deer Lodge council approves plats for two major subdivisions

The Deer Lodge City Council gave conditional approval to a pair of preliminary plats for two major subdivisions on the east side of town.The northwestern plat i

Montana-state-prison , Montana , United-states , Pintler-meadows , Deer-lodge , Danielle-jurcich , Dan-villa , Courtney-rasely , Lin-hicks , Deer-lodge-city-council , Army-corps , Pintler-meadows-subdivision

Tom Perez, senior advisor to President Biden to visit the City of Buffalo

Tom Perez, the senior advisor to President Biden, will visit the City of Buffalo to tour and review several infrastructure projects.

White-house , District-of-columbia , United-states , Tom-perez , Byron-brown , President-biden , Mayor-byron-brown , Jefferson-avenue , Buffalo , Infrastructure , Senior-advisor ,

Billionaire Razon's ICTSI To Spend $450 Million To Expand Ports In 2024

Billionaire Enrique Razon's ICTSI is boosting capital expenditures this year by about 34% to $450 million to expand ports in Africa, Asia and South America.

Iloilo , Iloilo-city , Philippines , Manila , United-states , Mexico , Brazil , Congo , Indonesia , Philippine , Benguet , America

Shell in talks to sell its Malaysia fuel stations to Aramco

Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, the second-largest such network in ......

France , Pengerang , Johor , Malaysia , Singapore , South-korea , Saudi-arabia , French , Saudi , Korea , Wael-sawan , Petronas

Secretary Buttigieg lauds Missoula airport, infrastructure funds

Transportation Secretary Pete Buttigieg credited the Bipartisan Infrastructure Law for helping make the $110 million airport project possible. It's one of 51,000 projects across the country that have received funding from the federal legislation.

East-missoula , Montana , United-states , Washington , America , Pete-buttigieg , Jon-tester , Martin-kidston-missoula , Martin-kidston , Brian-ellestad , Us-department-of-transportation ,