India is in a strong financial position. The recent economic slowdown was temporary. The government is expected to increase spending. This will boost the economy. Private sector borrowing is at a low. A lending boom is expected in the private sector. This will lead to a big investment cycle. India will stop borrowing money to pay interest in three years.
Ace investor Madhusudan Kela cuts stake in this multibagger stock after 200% rally in a year. Do you own?
Ace investor Madhusudan Kela’s family reduced its stake in Rashi Peripherals during the June quarter after the stock surged nearly 200% over the past year.