Analysts at Motilal Oswal reiterated their 'Buy' rating with Rs 1,385 as target price due to attractive valuations
Experts believe that this could accelerate the infra development activities in the absence of much private capex spending. The Government increased capex outlay to 3.3% of GDP for FY 2023–24, nearly trebling its expenditure in 2019–20
The analysts expect the road awards to fall to 7,000-7,500 km, from 12,375 km in FY23.
Exposure to smallcap stocks by infrastructure funds was increased significantly to 33% from 29% in the last three years
While the managing director of Equity Intelligence follows value investing as a strategy and looks for smart companies with big growth potential, he still gets a kick out of speculative trading.
The budget's push will provide a leg-up to investments in the infrastructure segment
If India continues on its path of economic recovery post-COVID, funds in this category would do well
Barring a prolonged correction led by extreme uncertainty, some of the construction stocks offer good opportunity.
Sangeeta Purushottam advises investors to look for companies which have decent earnings growth, stay with the very bottom up kind of approach and may be nibble in some of the really beaten down cyclicals and be ready to hold them for two-three years.
Technical analyst, Sudarshan Sukhani, s2analytics.com says Bank Nifty is showing signs of pressure since both its components, the PSUs and the large private banks are showing weakness.
There is a possibility of an upside in Ambuja Cements, so one can buy the stock only above Rs 182 by keeping a stop-loss of Rs 178, says Shardul Kulkarni of Angel Broking.
Sudarshan Sukhani of s2analytics.com view on infrastructure stocks.
SP Tulsian, sptulsian.com is positive on infra sector. He says that one can expect to see some relief coming in for the infrastructure stocks.
SP Tulsian of sptulsian.com spoke to CNBC-TV18 about stocks that were on the move intra-day. Check out his comments.
SP Tulsian of sptulsian.com spoke to CNBC-TV18 about certain stocks that are on the move. Check out his suggestions on how to play them to your advantage!
Ajay Bodke, head of investment strategy and advisory at Prabhudas Lilladher believes it is time to be cautious now.
Sudarshan Sukhani of technicaltrends.com joins CNBC-TV18 to talk about his strategies for the day. Check out his calls...
Infrastructure stocks have been thrashed down at the street lately, however, Sneha Poddar, infrastructure analyst at Sharekhan says it is a long-term investor’s pick despite the pain. "Things will not turnaround immediately but long-term investors can find value at these levels," says Poddar.
There has been some amount of resurgence or rekindling of interest in the real estate space over the last few days. Suhas Harinarayanan, co-head of research at Religare Capital Markets says the sector has seen an upgrade into the overweight position backed by the macro aspects.
Infrastructure stocks are looking attractive, says Vibhav Kapoor of IL&FS.
We have seen decent amount FII of money coming into the markets in the past six weeks or so. Aadil Ebrahim, investment manager at Bowen Capital Management, in an interview with CNBC-TV18’s Gautam Broker and Latha Venkatesh, spoke about the FII view and where the market heads from here.
Buy infrastructure stocks on dips with a long term perspective, says Piyush Garg, Chief Investment Officer, ICICI Securities.
Udayan Mukherjee, managing editor of CNBC-TV18 says it’s been a tough day for the market. “We are now up to 5470 that is a 40 point Nifty recovery in the last 20 minutes or so.
Infrastructure stocks may bounce because they have got beaten down so much, says Sangeeta Purushottam, Market Analyst.