Suresh Parthasarathy
With the economy growing at a fast pace over the past few years, the Government has laid emphasis on infrastructure development. Spending on infrastructure may be the key to sustaining this growth momentum.
This, in turn, is likely to translate to strong order-book and consequently higher earnings visibility for companies in the infrastructure sector. Mutual fund-houses, therefore, appear to view this sector as a theme that could generate sustained returns over the next few years.
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Posted by rjorr at August 19, 2007 7:28 PM