Posts in category Economic Times
Adani Group stocks in focus after Kenya cancels deals following US bribery charges (22-11-2024)
Adani Group stocks plummeted after Kenyan President William Ruto canceled deals involving the conglomerate, citing new information from investigative agencies. This follows U.S. prosecutors indicting Gautam Adani and others for an alleged $265 million bribery scheme, accusations Adani Group denies.
Afcons Infra shares in focus as company bags Rs 1,274 crore work order (22-11-2024)
Afcons Infrastructure has secured a significant contract worth Rs 1,274 crore from the Uttarakhand government for the construction of a dam. Despite a muted market debut earlier this month, the company’s shares saw a 2% rise following the announcement. Major investors like Goldman Sachs and Nomura have recently acquired stakes in the company.
What to do as large private banks trade like value stocks & utility stocks act like growth stocks? Ridham Desai explains (22-11-2024)
Large private sector banks in India are trading like utility stocks, presenting a good investment opportunity. The rural economy is improving, and consumption is expected to recover. Investors can find opportunities in discretionary consumption, industrials, and IT services. Deep tech is a promising sector in India, with potential for new listings and growth.