For investors interested in the healthcare space, there are larger and more promising players available for investing at similar valuations. Synopsis Established in 2010, YHTCS is among the top 10 largest private hospitals in Delhi-NCR having a capacity of 1,405 beds with a total occupancy rate of 45.3% at the end of FY23. Its average … Read more
New Delhi: The Road Transport and Highways Ministry aims to spend over 90% of its ₹2.59 lakh crore capital expenditure (capex) earmarked in Budget 2023-24 by December 2023, officials aware of the matter told ET. This expenditure will be for developing roads across the country with an aim to complete 310 National Highways (NH) projects … Read more
Mumbai: As many as 23 states are set to miss the budgeted capital spending by around Rs 1 lakh crore this fiscal, according to a report. In the first three quarters, the states’ capex grew just 11.6 per cent, which is trailing by 30 per cent of the budgeted targets. This is despite an improvement … Read more
“FIIs have been selling in India and moving money to cheaper markets like China, Hong Kong and South Korea,” says Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. In an interview with ETMarkets, Vijayakumar said: “Two main beneficiaries of government capex will be capital goods and cement,” Edited excerpts: While the Indian … Read more
“Infrastructure, not from investment point of view, but I think India’s infrastructure is definitely improving. You cannot but be optimist about it,” says Ravi Dharamshi, ValueQuest Investment Advisors.What is the best way to play the Budget theme if at all or would you say leave the Budget aside, look at what your long-term portfolio is … Read more
“Value stocks would outperform growth stocks in this year as cyclical would be back in favour in this year owing to the capex recovery being seen not just in India but rest of the world too,” says Aniruddha Sarkar, Chief Investment Officer, Quest Investment Advisor. In an interview with ETMarkets, Sarkar who has over 15 … Read more
“We expect that there may be some announcements on rationalization/harmonization in the capital gains tax structure,” says Reshma Banda, Head-Equity & Executive VP, Bajaj Allianz Life Insurance. In an interview with ETMarkets, Banda who has over 20 years of investment management experience said: “We may continue to see a push towards CAPEX, rural India, Infrastructure, … Read more
India has moved from a $300 billion economy to $3 trillion in 30 years. The vision is to become a $10 trillion economy by 2031. This transformative journey is backed by multiple growth vectors like broader demand from consumption with adequate support from the lower cost of capital and a proactive policy stance from the … Read more
The past two years have seen subdued capital spending by the private sector as well as the government owing to the pandemic and lockdowns. This is now expected to change. Even the RBI is expecting a revival in the capacity expansion (capex) cycle. Lately, we have witnessed major capex announcements across sectors. Private capex is … Read more
The finance ministry has asked key infrastructure ministries and departments to speed up projects, setting a target of achieving at least 60% of the FY23 capital expenditure budget target by the end of September. North Block wants to push capital expenditure to support the economy buffeted by high inflation, geopolitical risk and monetary tightening. “We … Read more