“A proxy to the Indian economy, L&T has been playing this very, very well over the last few years and will continue to do so over the next few years. And with the visibility that we are seeing in terms of capex and infrastructure spending, Sanghvi Movers can be one stock where utilization levels can inch up even higher, creating a better yield. So, L&T from largecaps, Sanghvi Mover from the midcaps.”
Can Hero Motors IPO deliver long-term growth for high-risk investors?
Hero Motors plans a ₹1,000 crore IPO for expansion and debt repayment. The company’s promoter stake will decrease significantly after the initial public offering. Its