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Why PNC Infratech is a good stock to accumulate - The Hindu BusinessLine


Why PNC Infratech is a good stock to accumulate
Healthy order inflows, with sustained margins, augur well for the company
By increasing the capital expenditure outlay for FY22 and opening up various other avenues for funding, the Centre, through its Budget announcements, reiterated its focus on the infrastructure space. The capex for the road sector in particular has been increased by 18 per cent over the budgeted estimate of FY21 to ₹1.7 lakh crore in FY22. Infrastructure stocks are, therefore, witnessing increased investor traction on expectations of a sustained momentum in order inflows. In this backdrop, companies with low existing levels of leverage in their balance sheet are expected to fare better. ....

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Gwadar port provides huge trade opportunity to CARs, Afghanistan: Dawood


Gwadar port provides huge trade opportunity to CARs, Afghanistan: Dawood
  Published On
17 December,2020 06:32 pm
He said Central Asia via Afghanistan can become a key trade and transportation route for region
ISLAMABAD (APP) – The Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood Thursday said Gwadar port would provide huge opportunities to the energy rich Central Asian Countries and Afghanistan for regional trade connectivity.
The government is prioritizing the economic integration to promote regional trade and connect the regional important trade players with the deep sea port Gwadar, the adviser Abdul Razak Dawood told this in his exclusive interview to the APP. ....

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