Sensex 27957.5 148.15 (0.53%)22-May-15 16:00
Nifty 8458.95 37.95 (0.45%)22-May-15 00:00
“We welcome the Budget as it is growth oriented. The measure taken by the honorable Finance Minister will help in revival of the HCV industry. Investment in schemes like JNNURM, Tax free Infra Bonds, Constitution of road authority, Increase and revival of road networks, increase in the tax holiday fro power plants and policies to encourage PPP along with Coal India are all the measures taken in the right direction both long and short term besides having a multiplier effects.”
Anirudh Bhuwalka, MD&CEO, AMW Motors Ltd.
India Infoline Research Team / 14:59, May 20, 2015
GPIL reported 13.5% yoy decline in operating profit as the impact of higher volumes was offset by lower product prices