Davis was one of the remarkably few people who made a sizable fortune from investments in common stocks, serving as an inspiration to the ‘Average Joe’ that he too could become rich without resorting to shady shenanigans. During the mid-1930s, the American stock market came under heavy selling pressure, striking […]
infrastructure
Budget 2024: As we gear up for Union Budget 2024, investors are closely eyeing the road map for the infrastructure sector, anticipating significant policy announcements and budgetary allocations. Gurpreet Sidana, CEO of Religare Broking speaking to Mint, highlighted that the government had set a clear priority on infrastructure in the […]
Corporate investments in fixed assets remained robust during FY24, despite the hike in interest rates, backed by their cash flows. A Mint analysis of consolidated financials of over 1,800 companies showed that the cash flow for purchase or creation of fixed assets (CFA) by these companies, or simply capex, increased […]
Back at home, the first hundred days of the new government are crucial, he said. Besides the infrastructure push, the government has promised solar rooftops for 10 million households. He expects additional initiatives in the green energy sector along with increased focus on the semiconductor space. Edited excerpts: What is […]
While the focus on the existing reforms related to domestic manufacturing, infrastructure development, etc. are likely to continue, there could be an incremental shift of focus to support employment generation and domestic consumption, especially rural consumption, highlighted Milind Muchhala, executive director, Julius Baer India. Pace of reforms may ease Market […]
A rally fuelled by robust fundamentals has led to a re-rating in the infrastructure and capital-goods sectors, pushing several stocks into what seems like overvalued territory. Several infrastructure and capital-goods stocks are trading above their 10-year average price-to-earnings (PE) ratio. The PE ratio compares a company’s stock price to its […]