“The impact of that should be felt on demand and these stocks have fallen. The auto stocks have fallen reasonably, especially two wheelers and Bajaj Auto,” says Sandip Sabharwal, asksandipsabharwal.com. I wanted your view actually on Mahindra & Mahindra. The fact that they are expanding their portfolio as well with this sort of an acquisition … Read more
, part of the heavy electrical equipment space, has rallied more than 40% from May 2022 lows and the technical pattern suggests that the rally is likely to continue. The stock hit a 52-week high of Rs 549 on 7 February 2022, but it failed to hold on to the momentum. The stock bounced back … Read more
RPG Enterprises’ flagship infrastructure company, International, has diversified into engineering and construction for the oil and gas sector with an acquisition and a key appointment of a senior executive, and has ambitions of bagging big-ticket orders in future, its chief executive told ET. On Saturday, KEC announced the acquisition of Gujarat-based Spur Infrastructure at an … Read more