Ashoka Buildcon’s shares rose 5% after securing a Rs 1,391 crore road project in West Bengal from NHAI. The project, part of a four-lane economic corridor, is expected to be completed within 910 days. The company recently reported a significant jump in Q2 FY25 profits, with net profit surging 334% YoY.
ETMarkets Smart Talk: Debt-to-GDP ratio as a fiscal anchor – a possible game-changer for PSU capex
Currently, the government spending cycle, notwithstanding this year’s blip (which we think is a blip, and we will discuss the reasons later), looks to be
January 8, 2025