The cargo handling is highly dependent on bulk cargo, therefore any sharp variation in commodity prices may weigh on the cargo handling volume. Any change in terms of concession and license agreement from the government could impact financial performance. The fees to regulatory authorities account for 17% of the total revenue of the company.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.