TRANSPORT SECTOR
Metal & Mining stocks: Same yet different, time to shed bias & watch for global signs. 5 stocks, 2 with an upside potential of up to 27%
In the last three months of volatility which nifty, sensex and broader market have witnessed there are some sectors which have shown a streak of out performance. They haven't fallen as much as nifty when the index was going down and pretty much moved in tandem with the index when it moved upward. Amongst many sectors metal has been one of them. There has to be a reason for this relative performance. In the case of metals stocks, there are some minor indications of improvement in the Chinese economy which have been keeping the metal prices stable. Question arises that if metal stocks have been stable, shouldn't be mining stocks, which also pretty much follow the same path of outperformance and be on watchlist because at the end of the day mining is a critical part of the whole supply chain.
Bright future for air cargo sector; need to ensure faster turnaround time: Official
The Indian government is working on improving processes and ensuring faster turnaround time in the air cargo sector to tap its potential. The government is also developing logistics hubs to improve the ease of doing business. The air cargo sector accounts for nearly 10% of domestic carriers' revenues and is estimated to grow to USD 16.37 billion by 2027.
India's EV plans to get a policy boost as govt may fast-track 3 big-ticket schemes
The Indian government plans to fast-track three major electric vehicle schemes in its first hundred days, including incentives for local battery production and electric bus procurement under FAME 3. Aimed at boosting clean mobility, these initiatives aim to propel India towards net-zero goals amid rising global demand for EVs.
2024 Budget: Transforming India's agriculture for climate resilience and food security
Budget: The 2024 budget presents a chance to sow the seeds of a transformed agricultural sector - resilient, sustainable, empowered. By embracing innovation, investing in the future and placing the farmer at the heart of the equation, India can cultivate a productive agricultural landscape that supports its people and the world's.
Infra cos step up hiring betting on govt focus on sector
India's infrastructure sector is hiring millions in unskilled, semi-skilled, and skilled labor segments, with expectations that the new government will continue investing in infrastructure development, including highways, roads, and airports. An estimated 9.8 million jobs are expected to be created in FY25, driven by strategic investments and ambitious plans for transportation and logistics development.
Indian Army propels towards zero-emission by introducing 113 electric buses
The Indian Army has acquired 113 electric buses for troop transportation, aligning with the government's green initiatives. These 40-seater buses, with a range of 250 kilometers, are meant for plains and semi-hilly areas and are in the trial stage. This procurement supports India's zero-carbon emissions directive and highlights the military's commitment to eco-friendly solutions. The initiative reflects India's leadership in sustainable practices and innovation, encouraging other sectors to follow. The Indian Armed Forces are now blending national security with environmental stewardship for a greener future.
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Karnataka extends social security to unorganized transportation workers in a first in India
The State Government has introduced new social security and welfare rules for motor transport and allied workers, aiming to benefit around 5.4 million workers across various sectors of transportation. The rules encompass all workers involved in the sector, including those in ancillary roles like tire repair and wheel balancing. Transport Minister Ramalinga Reddy expressed confidence that the regulations, a first in the country, will provide security to workers currently outside statutory benefits.
US proposes plan to scrap additional security checks for Indians at transit points
US and India collaborate to enhance aviation safety through streamlined security processes, improved passenger flow, and ongoing information exchange. The one-stop security concept offers benefits like enhanced safety, reduced costs, and shorter connection times, emphasizing proactive risk mitigation and continuous safety improvements.
Strong demand in cement for next 1-2 yrs; 5 stocks to bet on: Ronald Siyoni
Ronald Siyoni, says there is an intention within the sector to go ahead with the cement price hike. We have seen about 1.5% odd price hikes during June on an average on a pan-India basis, but still, pan-India prices remain lower sequentially for quarter one of FY25 by about 3% to 4%.
Sector-wise fundamental analysis of Indian stocks after elections
Investing in quality companies and adopting a long-term SIP approach can maximize benefits in India's growth journey towards a $10 trillion economy through essential infrastructure development.
Brookfield targets USD 10 billion investments in renewable sector
Canada’s Brookfield Asset Management plans to triple its investments in India’s renewable energy sector to over $10 billion within the next three to four years. The firm is also exploring opportunities in electric vehicles and green hydrogen. With a current portfolio of over 25 GW, Brookfield is the second-largest investor in India’s green energy assets. Through its new Catalytic Transition Fund, Brookfield aims to further its commitment to clean energy and transition projects in emerging economies, including India.
Decarbonization by 2045 agreed: Youth-led climate lawsuit settled in Hawaii
Hawaii settles with 13 young plaintiffs in Navahine v. Hawaii Department of Transportation lawsuit to decarbonize transportation by 2045, approved by Judge Tonaki.
IMEE-EC's India-UAE segment on track: Ports' digital integration moves forward, set to be ready in 100 days
The strategic India-Middle East Europe Economic Corridor (IMEE-EC) is set to commence its India-UAE leg, with a digital platform for port information exchange expected to be operational within the first 100 days of the Modi government. The initiative, aimed at enhancing trade connectivity, faces challenges due to tensions in West Asia, but recent support from the G7 has bolstered its prospects. The corridor, divided into phases, will facilitate the movement of cargo from locations in India to Israel.
Assets worth Rs 1.56 lakh crore monetised in 2023-24 as against the target of Rs 1.8 lakh crore under NMP: NITI Aayog
According to NITI Aayog, the government has monetized assets worth Rs 3.85 lakh crore in the first three years under the National Monetisation Pipeline (NMP) while the four-year target under the plan, ending in 2024-25 is Rs 6 lakh crore.
Road contractors relieved from developing wayside amenities
The step is aimed at attracting global expertise for creating wayside amenities (WSAs) in the country with a stronger focus on design and product innovations to boost return on investment while scaling up the experience of highway users.
Expo Centre Sharjah signs agreement to launch Middle East Electric Vehicle Show 2025
Expo Centre Sharjah (ECS) has forged a strategic partnership with MIE Events to debut the Middle East Electric Vehicle Show (MEEVS) in 2025 at the Centre. This groundbreaking agreement paves the way for the region's premier electric vehicle event, set to feature over 100 leading global brands. MEEVS aims to spotlight the future of sustainable transportation by showcasing cutting-edge electric, hydrogen, and hybrid vehicles, as well as electric bikes, and innovative technologies in the electric transport sector.
Political noise is temporary in the end it's about GDP growth; 6 logistics companies with upside potential of up to 39%
It will take some more time for the street to get out of the political noise and analysis and stocks may witness some more correction. But these are all short term issues, in the end markets are keen about two things, overall economic growth and earnings of the company. In the recent political noise what has been probably getting missed is the fact that GDP numbers were better than expected. It is very likely that we are going to see continued growth in the GDP numbers, yes, there would be voices which would say that focus consumption would increase and all other things, but in the end the biggest beneficiary of the continued higher growth is the logistics sector. The reason is simple, if the economy is doing well, more goods will be produced and they will have to be transported and that is why in large developed economies, logistic companies form part of a very important transportation index. Also another big factor, these companies have gone through a restructuring and have come out after facing many challenges.
Delhi to host global aviation body’s showpiece event next year
New Delhi to host 81st IATA AGM with IndiGo's Pieter Elbers as chair, highlighting India's aviation growth. IATA projects India as third-largest aviation market by 2026. Civil Aviation minister Jyotiraditya Scindia praises sector's growth with record passenger count and enhanced regional connectivity
Kotak Mutual Fund files draft document with Sebi for transportation & logistics fund
The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-related securities of companies engaged in transportation & logistics and other related activities.
Buy Transport Corporation of India, target price Rs 1080: Motilal Oswal
Transport Corporation of India Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 7086.78 Crore) operating in Logistics sector.
India's global travel & tourism index rank up at 39th: WEF index
India climbed to the 39th position on the World Economic Forum's Travel & Tourism Development Index 2024, reflecting the resurgence of global tourism post-pandemic. The US leads the list, while India ranks highest in South Asia and among lower-middle-income economies. India boasts competitive infrastructure and resources, driving travel demand sustainability.
Buy Transport Corporation of India, target price Rs 1080: Motilal Oswal
Transport Corporation of India Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 7075.51 Crore) operating in Logistics sector.
Electioneering at its peak but diesel sales slide, petrol almost flat
India's diesel sales dropped in early May, while petrol consumption remained steady despite peak election campaigns, according to state-owned firms' preliminary data. Petrol sales in the first half of May were nearly unchanged from last year, at 1.367 million tonnes. Diesel sales fell by 1.1% to 3.28 million tonnes, continuing declines seen in previous months. Despite factors like electioneering and reduced fuel prices, diesel demand has not increased. Jet fuel sales rose year-on-year, but cooking gas LPG sales slightly declined.
Efkon-Strabag join hands with leading IITs
Efkon-Strabag, a prominent provider of smart infrastructure solutions in India, has formed partnerships with renowned institutions including IIT Bombay, IIT Mandi, and IIT Roorkee to spearhead advancements in transportation systems, landslide management, and road safety awareness. Collaborating with IIT Bombay, the focus is on enhancing knowledge management, joint projects, and engagement activities, with an emphasis on innovation in transportation systems through research on Intelligent Transportation Systems (ITS) and skill-building programs for students.
India signs deal with Iran to run Chabahar port
At the end of the 10-year period, both sides will extend their cooperation in Chabahar. IPGL will invest about $120 million in equipping the port, officials said. India has also offered a rupee credit window equivalent to $250 million for mutually identified projects aimed at improving Chabahar-related infrastructure, they said.
The high price of slow lanes: How transport networks can make or mar the success of manufacturing hotspots
With India increasing the focus on exports, manufacturing hubs in the hinterlands have started playing a bigger role in powering the growth engine. However, these regions continue to face connectivity problems that make it difficult for traders to competitively price the goods in export markets.
A play on restructuring and higher growth: These auto stocks can deliver more than 18% return
In the last four days of strong volatile moves, one sector which has been able to keep its head above the water is the Auto sector. Is it because of results which are expected to be good or it is rotational trade which is taking place, is the question. Whatever might be the reason, after remaining under pressure for one or the other reason, the auto sector has been witnessing a transformation, right from restructuring to a slew of launches, coming from companies. There is a high probability that this trend of restructuring is likely to continue. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
Social network that needs connecting
India is planning a revamp of its urban transport sector to improve accessibility to work, healthcare, and education. The plan includes integrating metro and bus networks, promoting greening of intracity goods transport through small trucks, and aligning bus and metro routes. The lack of a holistic approach, with nearly half a dozen central ministries working in isolation, has led to discussions on an omnibus transport ministry.
Sam Altman, Satya Nadella in US Homeland Security's AI security advisory board
The board will develop recommendations for the transportation sector, pipeline and power grid operators, internet service providers and others to "prevent and prepare for AI-related disruptions to critical services that impact national or economic security, public health, or safety."
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