“The news flow around the Adani group is more or less factored in. The good part always was that large foreign institutions as well as mutual funds, PMS, etc, had very small holdings in these stocks. So to that extent, systemic risk is not so great for the equity markets. The risk was being felt more from the credit market point of view.”
ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil Mansukhani
MAN Industries expects Saudi Arabia to become a major growth driver, contributing 35–40% of revenue within three years. The company is targeting FY27 revenue of