@meekinvestor Meek !
The corridors and the news around it are always fast paced-short lived.It did seem like it ran into trouble with ME trouble.
Now, if we add Red sea trouble on to ME trouble, This corridor might offer an opportunity.Thats what these guys think.Impact of Red Sea crisis on trade will be seen in FY25, says think tank | Mint
The red sea trouble increased shipping/insurance costs, increased transit time.Countries in Asia, Africa and Europe will face the most disruption.
IMEC certainly is beneficial to India but needs to be evaluated, how red sea trouble has been affecting UAE and Soudi arabia.if it had an adverse effect on UAE&Soudi arabia’s commerce-Industry.We may see heightened urgency in execution.
If you are still tracking, How did the names do after you bought them ? what would be your outlook on those name after recent news and recent correction ?
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