#Top Indian Railway Stocks in India

[divyanshsood]

Top Indian Railway Stocks in India 2024 - Univest

Explore potential investments with the top Indian Railway stocks in India , promising growth and stability in India's dynamic transportation sector.

[gigapro-goodwill]

Discover the Best Railway Stocks in India for Strategic Growth! As India modernizes its rail infrastructure and expands its network, railway stocks are emerging as lucrative investment opportunities. These top railway companies are at the forefront of enhancing connectivity and operational efficiency. Capitalize on the growth driven by increased rail transport and government initiatives. Invest in these high-potential railway stocks to ride the wave of India's transportation revolution!

[jeneesa-michael890]

Weekly Market Outlook

It turned out to be a fabulous week of trade for Indian equity benchmarks with frontline gauges garnering weekly gains of over two percentage points and settling above their record 79,000 (Sensex) and 24,000 (Nifty) levels.

During the week, traders were seen taking bullish bets in fundamentally strong stocks in hopes of continuity in reforms and focus on the 100-day agenda of the NDA government. Sentiments are also buoyed by the expected revival in the technology space and consolidation in the cement industry.

Markets started the week slightly in the green as traders found some support after the GST Council at its 53rd meeting introduced sweeping reforms with an aim to simplify tax compliance and ease the burden on taxpayers.

Some support also came after S&P Global Market Intelligence said that the new government will likely focus on job creation and addressing farmers’ concerns in its first 100 days.

Markets extended their northward journey and looked resilient during most part of the week taking support from RBI’s statement that India recorded a current account surplus of $5.7 billion or 0.6 per cent of GDP in the March quarter. In the year-ago period, the current account deficit stood at $1.3 billion or 0.2 per cent of GDP.

Sentiments also remained upbeat with CRISIL Ratings’ report stating that capital goods makers are likely to see revenue rise 9-11% in fiscal 2025, led by continued significant outlays towards railways (including metros), defence, conventional and renewable sectors.

This compares with an expected around 13% growth in fiscal 2024. Optimism continued on Dalal Street taking support from RBI’s data showing that India’s financial position with the rest of the world improved over the year. The country increased its overseas assets more than it increased its foreign liabilities, largely due to a rise in reserve assets.

Key gauges continued to hit record levels one after other as traders took support with the National Council of Applied Economic Research (NCAER) stating that India’s economy is set to achieve significant growth, with projections nearing 7.5% for the current fiscal year (FY25).

Some solace also came with CRISIL’s report stating that India’s current account surplus in the fourth quarter of the 2023-24 fiscal was aided by the narrowing of the merchandise trade deficit, an increase in remittances and a surplus in services trade. The country’s current account recorded a surplus of $5.7 billion, which is 0.6 per cent of the GDP, in the fourth quarter of the last financial year.

However, domestic markets ended the week off record highs as traders booked minor gains on the final day of the week as participants turned wary of the high valuations. Traders also took note of a report that Securities & Exchange Board of India (SEBI) at its board meeting approved new criteria for a single stock F&O entry and exit, voluntary delisting norms and flexibility on the same, norms on finfluencers, measures to ease of doing business for REITs and InvITs and many other decisions.

Despite profit booking in the last session, Sensex and Nifty managed to settle above their psychological levels of 79,000 and 24,000, respectively. 

BSE movement for the week

The Bombay Stock Exchange (BSE) Sensex jumped 1822.83 points or 2.36% to 79,032.73 during the week ended June 28, 2024.

The BSE Midcap index gained 191.28 points or 0.42% to 46,158.35 and the Small-cap index surged 193.88 points or 0.37% to 52,130.41.

On the sectoral front, S&P BSE TECK was up by 404.35 points or 2.41% to 17,164.41, S&P BSE Information Technology was up by 778.65 points or 2.15% to 36,951.36, S&P BSE Oil & Gas was up by 610.10 points or 2.11% to 29,473.40, S&P BSE Power was up by 138.80 points or 1.78% to 7,954.50 and S&P BSE BANKEX was up by 944.30 points or 1.61% to 59,640.90 were the top gainers.

S&P BSE Realty was down by 208.67 points or 2.36% to 8,634.76 and S&P BSE Metal was down by 685.83 points or 2.03% to 33,050.57 were the few losers on the BSE.

NSE movement for the week

The Nifty surged 509.50 points or 2.17% to 24,010.60.

On the National Stock Exchange (NSE), Nifty IT was up by 957.20 points or 2.72% to 36,157.50, Bank Nifty was up by 680.80 points or 1.32% to 52,342.25, Nifty Next 50 gained 411.65 points or 0.58% to 71,523.45 and Nifty Mid Cap 100 gained 307.75 points or 0.56% to 55,736.90.

FII transactions during the week

Foreign Institutional Investors (FIIs) were net buyers in the equity segment in the week, with gross purchases of Rs 132,345.34 crore and gross sales of Rs 117,951.08 crore, leading to a net inflow of Rs 14,394.26 crore.

They also stood as net buyers in the debt segment with gross purchases of Rs 12,056.35 crore against gross sales of Rs 7,676.37 crore, resulting in a net inflow of Rs 4,379.98 crore.

In the hybrid segment, FIIs stood as net sellers, with gross purchases of Rs 170.79 crore and gross sales of Rs 246.02 crore, leading to a net outflow of Rs 75.23 crore.

Outlook for the coming week

The passing week turned enthusiastic one for Indian equity markets, by hitting fresh record high levels garnering gains of over two percent this week.  

The coming week marks the start of a new month and auto stocks will be buzzing on reporting monthly sales figures. Market participants will be watching out for the HSBC Manufacturing PMI Final scheduled to be released on July 01.

The HSBC India Manufacturing PMI increased to 58.5 in June 2024 from May’s three-month low of 57.5, preliminary estimates showed.

HSBC Composite PMI Final, HSBC Services PMI Final scheduled to be released on July 03. Foreign Exchange Reserves data going to be out on July 05. 

The first session of 18th Lok Sabha and 264th Session of Rajya Sabha will be concluding on July 3. The first session of 18th Lok Sabha commenced on June 24. While 264th Session of Rajya Sabha had started on June 27. 

On the global front, investors would be eyeing few economic data from world’s largest economy, starting with Fed Williams Speech on June 30, followed by S&P Global Manufacturing PMI Final, ISM Manufacturing PMI, ISM Manufacturing Employment, ISM Manufacturing New Orders, ISM Manufacturing Prices on July 01.

Redbook, Fed Chair Powell Speech, JOLTs Job Openings on July 02, Balance of Trade, Initial Jobless Claims, S&P Global Composite PMI Final, S&P Global Services PMI Final, ISM Services PMI, FOMC Minutes on July 03, Non – Farm Payrolls, Unemployment Rate, Government Payrolls, Manufacturing Payrolls, Baker Hughes Oil Rig Count on July 05.

[buglecourier]

Sensex and Nifty Surge After RBI’s Record Dividend Boost

Market Soars on RBI’s Unprecedented Surplus Transfer

The Indian stock market experienced a significant rally on Thursday, May 23, following the Reserve Bank of India’s (RBI) announcement of its largest-ever surplus transfer to the government. The Sensex jumped over 1,000 points, surpassing the 75,000 mark, while the Nifty reached a record high of 22,959.70, marking an impressive milestone.

Sensex and Nifty Break Records

During the trading session, the BSE Sensex hit an intraday peak of 75,407.39, and the Nifty 50 crossed the 22,900 level for the first time, reflecting robust investor sentiment. This remarkable surge came on the heels of the RBI board’s decision to approve a surplus transfer of Rs 2.11 lakh crore to the government for the fiscal year 2023–24.

RBI’s Record Dividend: A Game Changer

The RBI’s unprecedented dividend of Rs 2.11 lakh crore far exceeded both the budgeted amount of Rs 1.02 lakh crore and market expectations of Rs 1–1.1 lakh crore. This substantial payout is anticipated to help narrow the government’s fiscal deficit for FY2025 by 0.2–0.4 per cent of GDP, according to market experts.

Santosh Meena, Head of Research at Swastika Investmart Ltd, noted, “The Nifty index has surged to a record high following the RBI’s announcement. This significant macroeconomic development positively impacts the market, influencing both the fiscal deficit and bond yields.”

Implications for Fiscal Policy and Economic Growth

Gaura Sen Gupta, Chief Economist at IDFC First Bank, highlighted that the higher dividend represents additional fiscal revenue equivalent to 0.4 per cent of GDP. This boost could mitigate potential shortfalls in disinvestment receipts and slower tax collection growth than initially budgeted, potentially allowing the FY25 fiscal deficit to undershoot the Budget Estimate by 0.2 per cent of GDP.

A report from Kotak Institutional Equities suggested that the surplus transfer provides the government with greater flexibility in adhering to its fiscal consolidation path. There is now room to adjust budgeted receipts and expenditures, potentially increasing allocations for infrastructure projects in roads, railways, and defense.

“The government might also consider reducing personal income taxes to stimulate consumption, particularly for lower-income groups. However, we anticipate a focus on higher capital expenditure and fiscal consolidation rather than tax cuts,” the report added.

Top Gainers in the Market

Among the top performers on the NSE were Adani Enterprises, Axis Bank, Larsen and Toubro Ltd, Adani Ports, and Mahindra & Mahindra. These companies saw significant gains, contributing to the overall positive market sentiment.

Conclusion

The RBI’s record dividend transfer has injected a wave of optimism into the Indian stock market, driving the Sensex and Nifty to new heights. This development not only boosts investor confidence but also provides the government with additional fiscal space to navigate economic challenges and pursue growth-oriented policies.

[sovrennknowledge]

Titagarh Rail Systems Limited is a top railway rolling stock maker based in Kolkata, India. It was founded in the 1980s as a foundry unit making railway parts like bogies and couplers for Indian railways. Here you will get exclusive insights into Titagarh Rail Systems Company Details. Explore their top-notch products, visionary promoters, and esteemed clients today.

[digital-marketing-insights-news]

Top 10 Railway Parts Manufacturer Companies in India

The Indian railway network is one of the largest and busiest in the world, connecting the nation from north to south and east to west. Behind this sprawling network of tracks, locomotives, and coaches, lies a robust industry of railway parts manufacturers that play a pivotal role in keeping the trains running smoothly. From rail parts to spare components, these companies contribute significantly to the efficiency and safety of the Indian railway system. In this blog post, we will explore the top 10 railway parts manufacturer companies in India.

Titagarh Wagons Limited : Titagarh Wagons is a renowned name in the railway industry, specializing in the manufacture of freight wagons, passenger coaches, and other rail-related components. With a commitment to innovation and quality, the company has earned a reputation as a reliable supplier of railway equipment.

Bitsource Solutions Pvt. Ltd :  Bitsource Solutions Pvt. Ltd. is known for producing high-quality railway components, including brake blocks and friction materials. The company's commitment to safety and reliability has made them a preferred supplier for many railway operators.

Texmaco Rail & Engineering Ltd : Texmaco Rail & Engineering is a leading player in the field of railway infrastructure and parts manufacturing. They are known for producing a wide range of products, including railway freight cars, bridges, and foundry products. The company's commitment to technological advancement has contributed to its steady growth.

Faiveley Transport India Ltd : Faiveley Transport focuses on providing high-tech solutions for the railway industry. Their expertise lies in manufacturing critical components such as braking systems, couplers, and HVAC systems. With a global presence, the company brings international standards to the Indian rail sector.

Bharat Earth Movers Limited (BEML) : BEML is a government-owned company that plays a significant role in the rail and metro manufacturing sector. The company is involved in producing a diverse range of products, from rail coaches to metro cars, and even earthmoving equipment. BEML's contribution to indigenous manufacturing is noteworthy.

Hind Rectifiers Ltd : Hind Rectifiers is a key player in providing advanced electrical solutions to the railway industry. They manufacture products like traction converters, substations, and control equipment. The company's focus on sustainability aligns with the modern needs of the railway sector.

Rail Wheel Factory : A subsidiary of Indian Railways, Rail Wheel Factory is dedicated to producing high-quality wheels, axles, and wheelsets. With a focus on precision and safety, the factory ensures that the rolling stock remains in impeccable condition, contributing to the overall reliability of the railways.

Bonatrans India Pvt. Ltd : Bonatrans specializes in manufacturing wheels, axles, and wheelsets for the rail industry. The company's global presence and emphasis on research and development have enabled them to provide cutting-edge solutions to their customers in India.

Voith Turbo Pvt. Ltd : Voith Turbo is a prominent name in the field of drive technology. They supply hydrodynamic drive, coupling, and braking systems for various industries, including railways. Their products enhance the efficiency and performance of trains across the country.

Laxmi Metal Industries : Laxmi Metal Industries is a leading manufacturer of railway track fittings, fasteners, and other components. Their dedication to maintaining international quality standards has earned them a strong reputation in the rail industry.

Conclusion

The Indian railway system operates as a lifeline for the nation, and its smooth functioning relies on the expertise and dedication of various railway parts manufacturers. The companies mentioned above have shown consistent commitment to innovation, quality, and safety in their products. As the Indian railway network continues to expand and modernize, these manufacturers will play an integral role in shaping the future of rail transportation. Whether it's producing state-of-the-art braking systems, precision-engineered wheels, or sustainable electrical solutions, these manufacturers are the unsung heroes that keep the trains on track and the nation connected.

[india7d]

100 popular topic related to investment in indian market

100 popular topic related to investment in indian market

we will discuses blow 100 topics in our next blogs certainly! Here's a list of 100 popular investment topics related to the Indian market: - Introduction to Indian Stock Market - Basics of Equity Investing in India - Navigating the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) - Investing in Indian Mutual Funds - Understanding Index Funds and ETFs in India - Indian Real Estate Investment: Trends and Opportunities - Investing in Indian Government Bonds - Fixed Deposit and Other Bank Investments in India - Indian Commodity Market: Overview and Trading Strategies - Demat Account and its Significance in India - Indian Derivatives Market: Futures and Options - Foreign Direct Investment (FDI) in India - Indian Startup Investments and Venture Capital - Initial Public Offerings (IPOs) in the Indian Market - Indian Taxation and its Impact on Investments - Indian Economic Indicators and their Role in Investment Decisions - Investing in Indian Small-Cap Stocks - Large-Cap vs. Mid-Cap Stocks: Pros and Cons - Indian Real Estate Regulation and Development Act (RERA) - Sovereign Gold Bonds in India - Indian Corporate Bond Market: Opportunities and Risks - Systematic Investment Plan (SIP) in Indian Mutual Funds - Growth vs. Value Investing in Indian Stocks - Investing in Indian Government Securities - Indian Currency Market: Forex Trading - Real Estate Investment Trusts (REITs) in India - Indian Banking Sector and Investment Opportunities - Mutual Fund SIP vs. Lumpsum Investment in India - Investing in Indian Infrastructure Projects - Tax-Saving Investments in India (e.g., ELSS) - Indian Real Estate Market vs. Stock Market - Best Performing Mutual Funds in India - Indian Commodity Exchanges: MCX and NCDEX - National Pension System (NPS) and its Benefits in India - Equity Research and Fundamental Analysis in India - Indian IPO Review and Analysis - Investment Opportunities in Indian Pharmaceutical Sector - Private Equity Investments in Indian Companies - Indian Mutual Fund Ranking and Selection Process - Investing in Indian Renewable Energy Projects - Top Indian Stocks to Watch in 20XX - Indian Real Estate Bubble: Myth or Reality? - Indian Auto Sector Investment Outlook - P2P Lending and Crowdfunding in India - Impact Investing in Indian Social Enterprises - Investment Strategies during Economic Downturns in India - Indian Information Technology (IT) Sector Stocks and Growth - Indian Retail Sector Investments and Future Prospects - Investing in Indian Education Sector - Indian Textile Industry: Opportunities and Challenges - Indian Housing Market: Trends and Forecast - Investment Risks and Mitigation Strategies in India - Indian Telecom Sector: Investments and Growth Potential - Investing in Indian Gold Market - Indian Steel Industry: Investment Analysis - Indian Agriculture Sector Investments - Investing in Indian Healthcare and Pharma Stocks - Indian Media and Entertainment Industry: Investment Opportunities - Real Estate Investment Strategies in Indian Tier 2 Cities - Indian Consumer Goods Sector Investments - Investing in Indian Oil and Gas Industry - Indian Cement Industry: Market Analysis and Investments - Regulatory Environment for Foreign Investors in India - Investing in Indian Hotel and Hospitality Industry - Indian Fintech Startups and Investment Landscape - Indian Power Sector Investments and Renewable Energy - Investing in Indian Biotechnology Companies - Indian Banking Sector: NPA and Investment Risks - Top Indian Multinational Companies for Investment - Indian Electric Vehicle (EV) Industry: Opportunities and Challenges - Investing in Indian Small and Medium Enterprises (SMEs) - Indian Aviation Sector: Investment Outlook - Indian Realty Investments: Metro Cities vs. Non-Metro Cities - Investing in Indian Defense and Aerospace Industry - Indian E-commerce Market: Investment Trends - Indian Railway Sector Investments and Privatization - Investing in Indian Software Services Companies - Indian Education Technology (EdTech) Startups: Investment Prospects - Indian Warehousing and Logistics Sector: Investment Analysis - Investing in Indian AgriTech Startups - Indian Government's Atmanirbhar Bharat Initiative and Investment Implications - Investing in Indian Artificial Intelligence (AI) Companies - Indian Gems and Jewelry Industry: Market Analysis - Indian Pharmaceuticals: Generic vs. Branded Drugs Investment - Investing in Indian Renewable Energy ETFs - Indian Fast-Moving Consumer Goods (FMCG) Sector: Investment Opportunities - Indian Real Estate Market and COVID-19 Impact - Investing in Indian Food Processing Industry - Indian 5G Technology Investments and Future Prospects - Indian Chemical Industry: Investment Trends - Investing in Indian Waste Management and Recycling Companies - Indian E-gaming and Online Entertainment: Investment Landscape - Indian HealthTech Startups: Investment Potential - Investing in Indian Artificial Intelligence of Things (AIoT) Startups - Indian Digital Payment Industry: Investment Outlook - Indian Education Sector: Online Learning and Investment - Investing in Indian Green Bonds - Indian Robotics and Automation Industry: Investment Analysis - Indian Cryptocurrency Market: Investment Opportunities - Investing in Indian Hydroelectric Power Projects Please note that the investment landscape can be dynamic, and it's essential to conduct thorough research and seek advice from financial experts before making any investment decisions. Read the full article

[svarrniminfra01]

Civil Contractors of India

Designing, building, and maintaining the built environment are all aspects of civil contractors in India. Public service undertaking (PSU) governmental corporations make up most of these businesses. Svarrnim Infrastructures like top firms in civil engineering primarily work in property investment, project management, design, and the building of urban infrastructure.

A ranking of India's top civil companies has been compiled by Svarrnim Infrastructures. Several of these leading engineering firms are also registered on the Indian stock exchanges. Svarrnim Infrastructures is ideally situated to construct cutting-edge projects in crucial industries, including railways, highways, and canals.

What are the roles of civil contractors?

A civil contractor working in civil companies in Noida or any other location performs multiple roles which include:

·         Project Planning: Planning of project implementation and estimating the issues associated like materials and equipment required. Assuring the maintenance of health and safety guidelines, managing effective communication between the parties involved and dealing with legal requirements.

·         Management of the project: This role includes responsibilities like managing the overall cost and budget of construction, finding efficient sub-contractors and managing the waste material generated. The civil contractor is also in charge of submitting bills that align with the terms of contract documentation.

·         Dealing with legal and other regulations: The civil contractor is also accountable for building permit applications. The person has to make sure that the project is by the laws and regulations laid down by the authorities.

·         Health and Safety Facilities: The contractor is answerable for the viable safety of the workers at the construction site. It can also include strategies related to risk management, and emergency management systems.

That was some of the major responsibilities of a civil engineer.

Our goal is to enhance construction equipment administration with a novel technique. We hope to become the industry standard for "Construction Equipment." We choose to offer a variety of technologies to all of our cherished clients. By delegating responsibility, we concentrate on their services as well as handle the issues raised by clients.

For more information about Civil Contractors of India click the link below: Civil Contractors of India

[hmatrading]

What are the top 5 penny stocks today?

Here are some tips that may help you make informed decisions while investing in penny stocks:

Do your research: Conduct thorough research on the company and the industry it operates in. Look for news and updates that could impact the company's financials or stock price.

Check financial statements: Review the company's financial statements to determine if it has a solid financial footing. Look for a strong balance sheet, revenue growth, and profitability.

Consider the management team: Evaluate the company's management team and their track record. Look for a team with experience in the industry and a history of successful business operations.

Beware of scams: Penny stocks are often targets for scammers who manipulate the stock price through false or misleading information. Be cautious of any stock with unrealistic growth potential or guaranteed returns.

Diversify your portfolio: Investing in penny stocks can be risky, and it's important to diversify your portfolio to minimize risk. Don't invest all your money in penny stocks, and consider investing in other asset classes as well.

It's important to note that investing in penny stocks can be highly risky and is not suitable for everyone. I would strongly advise consulting with a licensed financial advisor or conducting thorough research before making any investment decisions.

Penny Stocks to Buy Today

Top 5 penny stocks to buy right now are given below

YES Bank

Bank of Maharashtra

Central Bank of India

NHPC

Indian Railway Finance Corporation

Read more - hmatrading.in

Source - https://best-trading-platform-india.blogspot.com/2023/05/what-are-top-5-penny-stocks-today.html

[gingerhotelsindia]

GINGER: ONE OF THE BEST HOTELS IN INDORE

The capital of India's Madhya Pradesh state, in the west-central region, has the city of Indore. Indore is well-known for its seven-story Rajwada Castle and the Lal Baag Castle, both of which have ties to the Holkar dynasty of the 19th century. At Chhatribagh, a number of graves and cenotaphs honour the Holkar kings. Street cuisine specialties are available at Sarafa Bazar, a well-known night market in Indore. The Indo-Gothic Gandhi Hall and the clock tower, two of Indore's most popular tourist attractions, are located in the eastern section of the city.

Another centre for education in Madhya Pradesh is Indore. It is home to the Indian Institute of Technology and the Indian Institute of Management, two of India's top educational institutions.

A commercial hub between the Deccan and Delhi, Indore's historical roots may be traced back to the 16th century.

Madhya Pradesh's financial centre is located in Indore. The Madhya Pradesh Stock Exchange is based in the city of Indore.

As part of the Smart Cities Mission, Indore has also been chosen as one of the 100 Indian cities that will be revitalised as smart cities. Indore is one of the first twenty cities in India to be built as Smart Cities after passing the first round of the Smart Cities Mission.

Therefore, you will need good hotels in Indore near railway station to stay at if you intend to explore the mesmerising scenic beauty of Indore. Finding good hotels in Indore near the railway station that fit within your budget and don't smell or seem like a motel will be preferable.

Can it be done?

Yes, it most certainly is.

However, can you find good hotels in Indore?

Do not worry. We are on your side.

The proximity of the Ginger Indore hotel to all forms of transportation will always make it your go-to hotel, regardless of how you are getting to Indore. Travellers may quickly check in to the Ginger Indore property without having the burden of carrying luggage with them for a long time because the train and bus stations are only 6 km and 2 km, respectively, away from the hotel. There aren't many excellent hotels in Indore close to the train station, but none can compare to Ginger Indore.

It can be difficult to find a suitable 3-star hotel in Indore, so don't panic.

Your search for a hotel room in Indore ends with the Ginger Branch Hotel, one of the city's top hotels close to the train station.

One of the best 3-star affordable hotels you will ever find, Ginger Indore has all the latest conveniences and higher-than-average service quality. Due to its location on AB Road, close to Shanivar Darpan, GINGER Indore is easier for travellers to find from their own transportation facility. No matter what mode of transportation you choose to get to Indore, you will always end up at the Ginger Brand hotel.

All 50 Ginger brand hotels are located close to public transportation so that guests may conveniently navigate the property.

If you are worried about the quality of services offered by Ginger, you may relax. The level of excellence in the services that Ginger hotels offer is consistent throughout all 50 properties in 32 different locales.

No matter why you are travelling to Indore, there are many advantages to booking a cheap hotel room. Finding lodging in a 3-star hotel will not only prevent you from spending money that is not necessary, but it will also allow you to stay there longer. In particular, if you are staying at one of the GINGER-owned branch hotels, you can not only feel the perfect satisfaction of a cost-effective stay but also benefit from high-quality services that are hard to get at other hotels within the same price range.

There are 95 wonderfully appointed twin and king rooms for guests to choose from at Ginger Indore. The hotel provides specially designed rooms for visitors with disabilities in order to ensure that they can have a first-rate stay as well. Ginger Indore, one of the best budget hotels in the area, guarantees that your stay will be enjoyable.

You can take advantage of the following amenities regardless of which room category you choose to stay in at Ginger Indore. A consistent level of service quality is guaranteed across the 50 Ginger properties in India. Free WiFi, in-room dining options, air conditioning, tea or coffee makers, mini-refrigerators, and LCD or LED TVs with satellite-connected channels are available to customers.

Although there are many great hotels that could be able to satisfy your demands, none of them can match the services provided by the Ginger Hotel. The benefits of staying at Ginger include meeting all of a traveller's demands as well as receiving round-the-clock, 24-hour support. The Ginger Indore Hotel team attends to the demands of visitors with painstaking attention to detail and offers them state-of-the-art amenities and services to enhance their whole stay.

Ginger Indore is looking forward to your visit.

[assesthemind]

Today's Top Current Affairs: 6 January 2022!

Oil and Natural Gas Corporation (ONCG) appointed Alka Mittal as the Interim Chairman and Managing Director, first woman to head the country's largest oil and gas producer. "Losar" festival has been celebrated by Laddakh Buddhist Association to mark the beginning of the new year of the Buddhist Community. Government of West Bengal has decided to start the 27th Kolkata International Film Festival. Maharashtra Government has implemented the use of Electric Vehicles for Government bodies from January 2022. Basketball Federation of India in association with Madhya Pradesh Basketball Association at Indore has organised 71st Junior National Basketball Championship for Men nad Women. Basketball Federation of India in association with Madhya Pradesh Basketball Association at Indore has organised 71st Junior National Basketball Championship for Men nad Women. Reserve Bank of India has categorised Airtel Payments Bank as Scheduled Bank. Indore has been declared as India's first "Water Plus" city. ICICI Bank, HDFC Bank and SBI are identified as Domestic Systematically Important Bank. GEM 5 star rating in GEM Sustainability Certification has been given to the Habibganj railway station in Bhopal, Madhya Pradesh, by ASSOCHAM for Green Sustainable design and eco-friendly Project. "Unified Presentment Management System" for recurring bill payments, is introduced by NBBL, the wholly- owned subsidiary of NPCI. Indore has become the only city of the country to be selected for International Clean Air Catalyst Programme. As per the data from the Centre for Monitoring Indian Economy (CMIE), India's unemployment rate hit a four- month high in December. UNESCO selected Gwalior and Orchha cities in Madhya Pradesh under the "Historic Urban Landscape Project", began in 2011. Ganjam of Odisha is first district to be declared itself as a child marriage free district. Apple Inc. has become the first company to hit stock market valuation of $3 trillion.

#Business #news #politics #currentaffairs

[seriousbusinessforhumans]

NEW DELHI (IDN) – On February 6, protesters blocked roads at an estimated 10,000 spots across India as part of the ongoing movement against the new farm laws enacted by the national government last year. For over two months, the most populous democracy in the world has witnessed what is being called one of the biggest protests in human history.

Hundreds of thousands of farmers have been rallying against three new laws that have thrown open the agriculture sector to private players. Protesters feel the legislation will allow a corporate takeover of crop production and trading, which would eventually impact their earnings and land ownership.

The movement has overcome regional, religious, gender and ideological differences to build pressure. Leftist farm unions, religious organisations and traditional caste-based brotherhoods called khaps, which make pronouncements on social issues, are working in tandem through resolute sit-ins and an aggressive boycott of politicians.

India’s right-wing government led by Prime Minister Narendra Modi of the Bharatiya Janata Party, or BJP, pushed the laws through the parliament in September 2020, despite lacking a majority in the upper house and agriculture being in the jurisdiction of state governments. The protest is a response to the lack of respect for parliamentary democracy and federalism, but its main focus is the pervasive corporate influence on governance.

After limits on corporate contributions were removed and allowed to be made anonymously, 8.2 billion dollars was spent on Indian parliamentary elections in 2019, which exceeded how much was spent on the U.S. election in 2016 by 26 per cent. Most of this money came from corporations and the BJP was the primary recipient.

Farm crisis is the fuel

Farmers are a large electoral block in India, with half the population being engaged in agriculture. No political party can afford to offend them publicly even though policymakers have done little to increase farm incomes and address their indebtedness. Around 300,000 farmers died by suicide between 1995 and 2013, mostly due to financial stress. In 2019, another 10,281 farmers took their lives.

Indian farms are mostly family-owned, and the land is a source of subsistence for millions. Around 86 per cent of farmers, however, till less than five acres while the other 14 per cent, mostly upper castes, own over half of the country’s 388 million acres of arable land.

Farmers in a few north Indian states were able to consolidate their holdings through increased incomes with the introduction of irrigation, modern seeds, fertilisers, machines, market infrastructure and guaranteed price support from the government during the Green Revolution in the 1960s.

But rising input costs and climate crisis have adversely impacted the profits there as well. In Punjab, the most agriculturally-developed state, for instance, the input costs of electric motors, labour, fertiliser and fuel rose by 100 to 290 per cent from 2000 to 2013, but the support price of wheat and rice rose by only 122 to 137 per cent in the same period, according to a government report. Heavy use of chemicals, mono-cropping and farm mechanisation have damaged the soil, affecting productivity and forcing farmers into debt.

Strength and strategy

Punjab saw widespread protests as soon as the laws were enacted. Farmers occupied railway tracks and toll plazas on major roads besides corporate-owned thermal plants, gas stations and shopping malls. Scores of subscribers left Jio, the telecom service owned by the top Indian businessman perceived to be close to Prime Minister Modi.

Farm unions also held regular sit-ins in front of the houses of prominent political leaders forcing an important regional party to leave the national government alliance. Several state leaders of the ruling party resigned from their posts as well. Similar scenes played out in the neighbouring state of Haryana, where leaders were publicly shamed and the helicopter of the elected head of the government was prevented from landing for a public meeting after farmers dug up the helipad area.

In November, thousands of farmers drove their tractor trolleys towards the national capital as they played protest songs by celebrity singers. Stocked with rations, clothing, water and wood for months, they braved tear gas shells and water cannons used by the police along the way. Powerful tractors pushed heavy transport vehicles, concrete slabs and barbed wires that the administration had placed en route out of their way.

Open libraries and medical camps were set up and volunteers offered their skills, ranging from tailoring to tutoring children. Besides speeches by the farm leaders, cultural performances, film screenings and wrestling bouts became a regular feature. More farmers poured in with each passing day.

“These occupations are not just a reaction of wronged citizens who have set out to reform the Indian parliament or assert dissent. Rather, they form an important stage in a still-unfolding narrative of militant anti-capitalist struggle,” wrote Aditya Bahl, a doctoral scholar at the John Hopkins University who is archiving the peasants’ revolts that took place in Punjab in the 1960s and ’70s.

The Indian Supreme Court suspended the implementation of laws and formed a four-member expert committee on Jan. 13 to look into the issue. Farmers have, however, refused to meet the committee members, alleging that many of them have already written or spoken in favour of the laws.

The protests are not only targeting domestic companies and political figures. Farmers have also burnt effigies of Uncle Sam, the World Trade Organisation and IMF, signifying the influence of global trade over domestic agricultural policies. Developed countries have been pressuring India for last three decades to open up its agriculture sector to multinational players by slashing subsidies and reducing public procurement and distribution of food grains to the poor.

Protesters are also seeking a legal right to sell their produce at a guaranteed price. The Indian government usually declares a minimum support price on various crops based on the costs of their production, but only a fraction of the produce is procured at that rate. In the absence of government procurement facilities in their areas, most farmers have to settle for a lower price offered by private traders. A law would make it mandatory for private players to buy the produce at a declared price.

“If Indian farmers are able to get the law on guaranteed price passed through their current agitation, they will become a role model for farmers across the world living under heavy debts,” Sharma continued. “India should put its foot down at the WTO and create much-needed disruption in the world food trade policy for the benefit of the global agriculture sector.”

The movement grows

The BJP-led national government has faced numerous protests over the last six years of its rule..... The country has dropped 26 places in the Democracy Index’s global ranking since 2014 due to “erosion of civil liberties.”

This is the first time peasants have been galvanised in such large numbers against the government. The government has already held 11 rounds of negotiations with farmers’ representatives and offered to suspend the laws for one and a half years on Jan. 20. But farmers are not budging from their demand of the complete repeal of the laws and legal cover for the selling of their crops at a guaranteed price.

On January 26, which marks India’s Republic Day, 19 out of 28 states witnessed protests against the farm laws.

In Delhi, however, a plan to organise a farmers’ tractor march parallel to the official Republic Day function, went awry. A group of protesters clashed with police at multiple spots and stormed the iconic Red Fort, a traditional seat of power for the Mughals, where the colonial British and independent India’s prime ministers have also raised their flags.

The protesters unfurled banners of the farm unions and Sikhs – one of the minority religious groups and the most prominent face of the protests. Mainstream media and ruling party supporters used the opportunity to blame the movement for desecration and religious terrorism. Security forces charged sleeping farmers with batons at one location, filed cases against movement leaders, allowed opponents to pelt campaigners with stones, arrested journalists and shut down the Internet.

The attacks, therefore, ended up lifting the flagging morale of the farmers and helped the movement gain even more supporters, who shunned the government and media narrative. Massive community gatherings of khaps were organised at multiple places over the next few days, extending their support to the protests and issuing a boycott call for the BJP and its political allies.

Mending fault lines

The movement has also been able to overcome regional and gender divisions, and is trying to address caste divides.

The states of Haryana and Punjab are often at loggerheads on the issue of sharing of river waters. Haryana was carved out of Punjab on linguistic lines in 1966, but most of the rivers flow through the current Punjab state. Haryana has been seeking a greater amount of water for use by its farmers, while Punjab’s farmers oppose the demand, citing reduced water flow in the rivers over the years. The current protests have united farmers for a common cause, helping them understand each other even though opponents have made attempts revive the water issue.

Women have also been participating in the protests in large numbers. They are either occupying roads on Delhi’s borders or managing homes and farms in the absence of men, while taking part in protest marches in villages.

“Earlier, we were able to rally only 8,000-10,000 women for a protest. Today that number has swelled to 25,000-30,000, as they recognised the threats posed by the new laws to the livelihoods of their families,” said Harinder Bindu, who leads the women’s wing of the largest farm union in Punjab. “For many women, this is the first time they are participating in a protest, which is a big change because they were earlier confined to household work. Men are getting used to seeing women participate and recognising the value they bring to a movement.”

“When women members participate in sit-ins, men manage the house. I feel this movement will bring greater focus on women’s issues within the farming community – one of which is the need to support the widows of farmers who died by suicide due to financial constraints.”

In Punjab, less than four per cent of private farmland belongs to Dalits, the lowest caste in the traditional social hierarchy of India, even though they constitute 32 per cent of the state’s population. They often earn their livelihoods through farm work or daily wage labour. Even though Dalits have a legal right to till village common land, attempts to assert that right often lead to violent clashes with upper-caste landlords who want to keep it for themselves. Dalits are waging similar battles across India. Researchers recorded 31 land conflicts involving 92,000 Dalits in 2019. A few of the farmers’ unions have supported and raised funds for Dalit agitations in the past.

The movement is gradually encompassing other rural issues beyond the farm laws. In the state of Maharashtra, for instance, thousands of tribal people travelled to the capital Mumbai on Jan. 23 to extend support to the farmers. They also asserted their own long pending demand for land titles under the Forest Rights Act, which recognises traditional rights of scheduled tribes and other forest dwellers on the use of land and other forest resources.

* Manu Moudgil is an independent journalist based in India. He tweets at @manumoudgil.The original version of this article was published on Waging Nonviolence under the title ‘India’s farmers’ protests are about more than reform – they are resisting the corporate takeover of agriculture’.

[travtasy]

11 Best Places to Visit in #Mumbai

Mumbai, the city of dreams is one of the most popular cities of India. It not only acts as the main economic hub but also the entertainment capital of India. Often called the Shanghai of India, Mumbai is known for its vibrant nightlife and bustling city life. Booking cheap flights from Vancouver to Mumbai would allow you to cherish the sublime beauty of this city. As the city has umpteen tourist sites, you need to plan your trip in advance if you don’t want to miss out on anything!

Let us take a look at some of the best places to visit in Mumbai:

1. Witness the Old World Charm in Chhatrapati Shivaji Terminus

Strolling through Old Mumbai or South Bombay will take you back in time as you will find some buildings built in beautiful architectural designs. You will find a perfect blend of Gothic and contemporary architectural styles. You will witness greater British influence on the colonial-era buildings. Chhatrapati Shivaji Terminus is an epitome of the colonial-era buildings. This is one of the UNESCO World Heritage sites in India. This is a classical architecture marvel of British era. This 135 year old structure is pride of Indian Railway terminus. It is one of the busiest railway terminus in India.

2. Explore the Gateway of India

An iconic landmark in Mumbai, the Gateway of India was built during the 20th century. It was built to commemorate the arrival of King George V and Queen Mary. Ironically, this was the place chosen by the British to give the final farewell to India. Your trip to Mumbai is incomplete without exploring the Gateway of India. The Taj Mahal Hotel is located completely opposite the Gateway of India.

3. Stroll Through the Marine Drive

You haven’t explored Mumbai unless you visit the Marine Drive. Marine Drive and Chowpatty are old landmarks of Mumbai, and quite popular among tourists. The night is the perfect time to stroll through the Marine Drive as the street lights and lamps surrounding the promenade act like a Queen’s necklace. This scenic sight of the enlightened Marine Drive is a sight to behold. You can even try delectable street food from Mumbai at the Marine Drive. The Pearl of the Orient, a revolving restaurant at the top of Ambassador Hotel near Churchgate station, off Marine Drive, provides for a breathtaking view of Mumbai’s skyline. With The Gateway of India and Mumbai Stock Exchange Tower on one side it revolves to let us see the skyline of Nariman Point and Cuffe Parade in the distant, and Braborne Stadium on the South side.

4. Enjoy a Day Trip to Elephanta Caves

Elephanta Caves is a set of caves carved out of basalt rock at the Elephanta Island. You can take a ferry ride from Gateway of India and reach the Elephanta Caves. During the ride, you can even enjoy the scenic views of the Mumbai coastline. The caves will provide a glimpse of the rich historical past of the city.

5. Enliven your Taste Buds around Aksa Beach

If you want to satiate the foodie in you, Mumbai is the place to visit. From street food to fine dining options, you will find everything here. However, the highlight of the city is the street food such as Pav Bhajji, Sevv Puri, Vada Pav, Bhel Puri, Pani Puri, and a lot more. You can also try the authentic Iranian cuisine at the Parsi Café. Leopold Café is one of the most popular cafes in Mumbai that you should definitely visit. If you want to try your hands at the Mughlai cuisines, Punjab Grill is the place to visit.

6. Take a Bollywood Tour from Carter Road Promenade

The City of Dreams is known for its glitz and glamour and of course Bollywood. Without taking the Bollywood tour, can your trip be complete? Locals can take you to the stops outside the houses of famous celebrities including Jalsa, Mannat, and a lot more. In case you are lucky, you might get a chance to meet the famous Bollywood stars!

7. Pay a visit to Haji Ali Dargah

Haji Ali Dargah is a popular place in Mumbai that attracts tourists from all walks of life. This structure was built in the 15th century on a small island. Taking a glimpse of the city from the shrine is truly an experience that you can cherish for your lifetime. Your trip to Haji Ali Dargah can become all the more memorable if you happen to meet the Qawwali singers. The 500 year old Dargah is a blend of Indo-Islamic architecture. The Dargah has been listed in the World Book of Records as one of the most visited shrines. One of the most surprising facts is that the path that connects the island to the mainland gets submerged during the high tide. Thus, it can be reached only during the low tide.

8. Roam around Sanjay Gandhi National Park

This isn’t just another national park. This is situation right in the middle of Mumbai Metropolitan region. This 103 sq. km. area is a protected zone, and the biodiversity of this place is phenomenal. Covered with dense forests and ravines, hillocks and grasslands, it makes for a super place for nature lovers. And the best part - it is easily accessible. Hikers, trekkers, bird watchers and animal lovers will simple love this National Park. Beware, you may come across big wild cats roaming around.

9. Make sure to visit Kanheri Caves

When you visit Sanjay Gandhi National Park make sure to visit these ancient caves (if you love historical places, these will take your breath away). Nestled in the forests of Sanjay Gandhi National Park, these caves date back to 1st century bce to 10th century ce.

10. See ancient artifacts in Chhatrapati Shivaji Maharaj Vastu Sangrahalaya

This is magnificent structure is located in the Fort region near the Gateway of India. It is one of the most important museums of India which has ancient artifacts dating back from as far back as the Indus Valley Civilization, Mauryan, Gupta era to Maratha and Mughal empire. The structure itself is also a fabulous example of classical architecture of British era.

11. Go on a Shopping Spree around Colaba Causeway

Mumbai acts as a haven for shopaholics. Be it fancy designer outlets or shopping streets, you will have the best shopping experience in Mumbai. Colaba Causeway, Linking Road, and Fashion Street are some of the best shopping places in Mumbai where you can get anything you want from clothes, jewellery to accessories! There is something for everyone in this beautiful city of Mumbai. So, book cheap flights from Vancouver to Mumbai and get spoilt for choice in this wonderful city.

The spiritual capital of India, Mumbai

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[welspunone]

Top reasons why you should invest in storage land

Like gold and other precious things that are very valuable to us, land has always been a top priority when it comes to investment and possessions. So far, it is the best and safest investment, subject to all the well-executed legal formalities. People in India prefer investing in land because the return after ten years is better than interest rates and other market investments like bonds, stocks and mutual funds. In the current trend, the tendency of people to invest in commercial land has shifted, the reason is - return on investment in such land is calculated at 8-10% per annum compared to residential areas with ROI. to 4-6%. So there is a guarantee that the invested money will not go to waste. 

What's so special about Warehouse Land? The warehouse areas are relatively large, which can be used by companies such as wholesale distributors to store their products. Products can be in the form of finished items as raw materials. It is important and has become the backbone of every industry. Not all plots of land can be used as warehouse space. According to experts who are involved in the sale and purchase of land for warehouse in Bhiwandi, a rural warehouse must have all the features to fetch the required rent as consumers. Because the investment can be large, the investor must therefore consider the return on the investment. 

Below are some parts of the country that need care - 

1: The warehouse land should be located outside the city where there is easy transportation, ie. easily accessible by road and rail. 

2: The land should not be located in low-lying areas as India is a country where the rainy season plays an important role and you cannot afford to have months of water extraction on your premises. 

3: The land should have a decent area where not only products and products can get a wide shadow, but also define a large number of vehicles such as trucks, trailers, etc. 

Investing in warehouse land - value for future generations The growing population and purchasing power of the people of India has led to an increase in the capacity of the logistics sector. Announcing Rs 100 lakh crore for infrastructure development, the Indian government has given a nod to the e-logistics market with a single window. With this in mind, various companies and affiliates are looking to strengthen their position and therefore intend to purchase warehouse land or acquire Bhiwandi warehouse land on lease basis to ensure that the products can be stored through the manufacturing unit for sale. afterwards. 

Investment in warehouse land would therefore be considered worthwhile with current aspects and future needs. Buy warehouse in Bhiwandi Bhiwandi, a small town in Thane district, is slowly becoming a hotspot for many warehouses. This city is called Manchester in India and it leads the logistics sector. 

The idea of ​​buying warehouse land in Bhiwandi is a good one and is considered by experts to be the best investment that can be made today. 

Below are some of the main reasons why warehouse plots in Bhiwandi are in high demand – 

The primary location is Bhiwandi is a town with villages around it. The location of the city is not far from the international airport (distance of 46 km) and the railway. The national highway (NH3) passes through it. 

The easy access allows various logistics and eCommerce companies to set up their warehouse here. In addition, it is also close to Mumbai, the financial capital of India and some major ports of national importance. 

Available infrastructure The recent announcement by the government to build green corridors and expressways has boosted the hopes of logistics companies and made Bhiwandi the warehousing capital of India. 

Available on Earth and Manpower The purpose of buying a warehouse in Bhiwandi should also be guided by the available resources – especially the manpower to make things work. The presence of many eCommerce companies in the financial city has led them to build their warehouse for proper inspection. Migrant workers go to suburbs like Bhiwandi in search of livelihood. So not only land will be available at the best price, but also a large turnover of labour. Conclusion Logistics is the new future of the country and will determine the economic growth of developing countries like India. The presence of warehouses allows companies not only to produce more but also to keep it safe for quick shipment and delivery.

[jyantiinterior]

List of Civil Contractor in Thane – Maharashtra

The list of Thane Civil Contractor and their addresses exists below. While hiring a civil contractor, you also want to know the factor in what to expect after the installation. Here is a list of civil contractors in Thane to help you get started. This civil contractors Thane list contains around 1657 numbers of civil contractor having active license.

Maharashtra, a federal state of India is located in central part of that country. Thane is one among 18 railway divisions in the country and the headquarters is situated at Thane. Maharashtra has changed its fortune with industrialization and heavy industries such as chemical and petrochemical industries coming up here.

If you are looking for a civil contractor in Thane, our website can provide the perfect solution for you. You can now do some research on the Indian civil contractor’s services with the introduction keywords, Civil Contractor in Thane. Civil contractors are crucial to ensure building construction gets done on time and without any damage. Here is the list of top civil contractors in Thane. Shortlist the top six civil contractors in Thane, Maharashtra. Give brief details about each contractor to convince the reader that these are the best.

Civil Contractor in Thane deals with installation and construction of civil projects such as structures like transmission towers, water supply reservoirs, flooding structures and even artificial islands. Civil contractors often will work on multiple projects concurrently and subcontract accordingly.

The professionals in the present day administrative ecosystem experience a stock up in workloads which might oblige you to seek notwithstanding terms. It is essential to recognize where would be some viable people who offer these terms while boundlessly looking for better deals for your own coffers. In the event that you are overseeing a civil project in india where explosives are required so your most logical option is identify a Thane based contractor with the qualifications necessary to deal with explosive risk undertaken by this class of project

[brainmassfinance]

These BSE 500 stocks doubled money in 2021; what's next?

On a year-to-date basis, the BSE Sensex has gained 20 per cent to 57,313 till December 23. On the other hand, broader indices, the BSE Midcap and BSE Smallcap, have advanced 37 per cent and 58 per cent, respectively.

Data shows some 70 stocks in the BSE 500 index have also advanced over 100 per cent YTD

Equity investors have managed to create humungous wealth on Dalal Street in 2021. On a year-to-date (YTD) basis, the benchmark BSE Sensex has gained 20 per cent to 57,313 till December 23. On the other hand, broader indices, the BSE Midcap and BSE Smallcap, have advanced 37 per cent and 58 per cent, respectively, during the same period.

Data shows some 70 stocks in the BSE 500 index have also advanced over 100 per cent YTD. With a rally of 1,839 per cent, Tata Teleservices (Maharashtra) emerged as the top gainer in the list. It was followed by Trident (up 438 per cent), Poonawalla Fincorp (up 405 per cent) and Adani Total Gas (up 366 per cent).

Brokerage Ventura Securities is positive on Adani Total Gas with a target price of Rs 2,012. "Despite this outperformance, we believe that there exists significant room for further upside. We expect Adani Total Gas' gas volumes to grow at a CAGR of 41.3 per cent to 1,451 mmscm over FY21-24E, while its revenue, Ebitda and net profit are expected to record an annualised growth of 45.6 per cent, 34.1 per cent and 38.7 per cent, respectively," the brokerage said.

In general, a couple of factors such as persistent buying by the foreign and domestic institutions, liquidity and improving macros supported sentiment in 2021. On the flip side, the identification of the Omicron variant in late November, and the market's strong immediate reaction to it, was a stark reminder that the novel coronavirus is a persistent risk.

Meanwhile, Central banks are now making strategic moves away from emergency measures and policy rates. However, at home, the Reserve Bank of India (RBI) has continued with the accommodative stance to restrain borrowing costs rising in the near future.

Despite the recent choppiness, players like JSW Energy, Adani Transmission, Gujarat Fluorochemicals, Happiest Minds, KPIT Technologies, Adani Enterprises, KPR Mill, Angel One, Balaji Amines, Indian Energy Exchange, Hikal, Persistent Systems and HFCL have gained between 200 per cent and 300 per cent in 2021 so far.

Commenting on the equity markets, Neeraj Chadawar, head-quantitative equity research, Axis Securities said, "Considering the strong earnings trajectory, we maintain our December 2022 Nifty target of 20,200, valuing it at 22 times FY24E earnings. The performance in the broader market is likely to continue in 2022, led by a strong earnings trajectory. However, the performance margin between large and midcaps are likely to reduce in 2022."

Tata Elxsi, Indian Railway Catering and Tourism, Minda Industries, Max Healthcare, Tata Power Company, Allcargo Logistics, Tanla Platform, Mindtree, Praj Industries, Mastek, eClerx Services, Radico Khaitan, Tata Motors, TCI Express and Century Plyboards (India) stood among other players in the list which gained between 150 per cent and 200 per cent YTD.

AK Prabhakar of IDBI Capital Markets is positive on Tata Power. "We believe that the stock has potential to double in the next 2-3 years," he said.

Going ahead, SMC Global Securities is positive on stocks like Reliance Industries (RIL), Infosys, ICICI Bank, State Bank of India, HCL Technologies, Larsen and Toubro, Sun Pharmaceutical, DLF, Siemens, Gland Pharma and Prestige Estates with a potential upside of up to 28 per cent.

Other companies from across the sectors including Prince Pipes, Deepak Fertilisers, APL Apollo Tubes, Lux Industries, IIFL Finance, Linde India, DCM Shriram, Deepak Nitrite, Solar Industries, Bajaj Electricals, SKF India and Century Textiles and Industries have also rallied over 100 per cent in 2021 till date.

Pradeep Gupta, co-founder and vice chairman, Anand Rathi Group said, "We prefer infrastructure, construction, capital goods, cement, building materials for 2022. We are also positive on IT-tech given that under the post-pandemic new normal, the earnings growth trajectory of most of these companies would be better than the pre-pandemic averages."