Articles for tag: infrastructure development, market sentiment, stock performance

Rajiv Sharma

Business
PSU stock drops 45% after 300% rise in two years

PSU stock drops 45% after 300% rise in two years

HUDCO (Housing and Urban Development Corporation) has recently seen its shares fall significantly, showing a decline of 45% from their 52-week high. Despite this drop, the company’s stock has experienced remarkable growth over the past two years. This article will explore the factors influencing HUDCO’s stock performance, analyze its historical trends, and provide insights into ...

Rajiv Sharma

Business
Adani's company secures new deal in Kenya, old project faces complications

Adani’s company secures new deal in Kenya, old project faces complications

Kenya has recently made significant strides in enhancing its energy sector, with a pivotal deal signed between the Ministry of Energy and Kenya Electricity Transmission Company Limited (KETRACO). This agreement is expected to bolster the country’s electricity transmission capabilities and support its ambitious agenda towards expanding access to clean and reliable energy across the nation. ...