If interest rates remain stable or drop further and the government adheres to its guidance of building 40 km of roads every day, the road construction space will keep buzzing in the coming quarters.
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Economic development is a game of leads and lags. And like the investments made during various tenures, the translation of policies into progress has a gestation period too.
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An analysis of the second quarter results for FY2019 has been very encouraging. We restricted our sample to the universe of companies constituting the NSE100 index. As of today, 81 out of 100 companies have declared their results. There has been a clear increase in sales across the board. At a consolidated level, the aggregate topline of all companies has
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Season’s Greetings! We are at an interesting phase of the market trajectory. The long term policy measures implemented by the current Government, like demonetisation, GST, etc., despite initial hiccups, have slowly but surely started to yield positive returns in terms of economic growth. Demonetisation has led to an incessant flow of money into mutual funds to the tune of Rs
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