Infrastructure Stocks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

temperatures as what's called a heat dome is causing the dangerous conditions to expand. in south—eastern europe temperatures of a0 degrees celsius have caused power cuts in tourist hotspots like croatia, impacting all sorts — such as traffic lights failing. and as you've just been hearing, in saudi arabia at least 1,301 people died during this year's hajj pilgrimage to mecca — the most devastating example of the impact of extreme heat. no surprise, then, that this is changing the way we choose to travel — something that is particularly important for those countries who rely ...

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.

Sudip Bandyopadhyay anticipates strong performance in infra, defence, BFSI, real estate. Mixed outlook for IT, FMCG; subdued for cement. Concerns over crude at $91 impact Indian markets. Banks focus on deposit mobilisation, stable asset quality. Long-term bullish on insurance sector. He further says crude oil at $91 does not mean good for the Indian equity market and the Indian economy.

Analysts had expected government capex to further increase by 10-15% for FY25. In FY24, the government had pegged a capex target of Rs 10 lakh crore. Of the total outlay for FY25, the government has allocated Rs 2.78 lakh crore for the road transport and highways ministry, and Rs 2.55 lakh crore for railways.

Devang Mehta says: “I have never seen this type of manufacturing revolution. My sense is, for a lot of these ancillary power companies, earnings are still to come. A lot of these companies have rerated on the price to earnings (PE) basis. Otherwise, you will find a lot of companies at 40, 50, 60, 80 PE.”