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Syrma SGS to Kaynes Tech: EMS stocks jump up to 7.5% as Centre waives customs duty on key electronic components
The government's waiver of basic customs duty on electronics manufacturing components until 2029 led to sharp stock gains for companies like Kaynes Technology. This initiative aims to enhance domestic production of electronics and support India's goal of becoming a global manufacturing hub.
Dixon Tech share price target raised; Investec now sees 30% upside
Investec sees further upside from a potential recovery in mobile exports, particularly if the proposed PLI 2 scheme is implemented, along with Dixon Technologies' planned entry into the speciality EMS segment through acquisitions.
Why Investec is bullish on India's electronics export story
India's recent trade agreements and rising investments in manufacturing are helping improve the country's position in global supply chains. According to Investec Capital Services' Head Equities Mukul Kochhar, electronics exports are among the best-placed segments to benefit from this trend. Besides EMS, he sees strong opportunities in original design manufacturing (ODM) and defense electronics as Indian companies deepen their presence in the global electronics market. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Sohum Asset CIO stays positive on telecom, renewables and data centres
Sanjay Parekh of Sohum Asset Managers sees potential in CarTrade Tech, large private banks and select infrastructure plays. While he remains constructive on India's manufacturing story, he believes valuations in the EMS sector are demanding and warrant caution. He also sees value-unlocking potential from Vedanta's demerger.
EMS zooms 17% on bagging ₹103 cr sewer network order from UP Jal Nigam
EMS received the lowest bidder (L-1) status from UP Jal Nigam (Urban), Varanasi, for the construction of sewer networks and house connections in four wards of Nagar Nigam, Varanasi
EMS emerges as L1 bidder for construction work in Varanasi
EMS announced that it has emerged as the lowest bidder (L-1) for a sewerage infrastructure project awarded by UP Jal Nigam (Urban), Varanasi.
Rupee may weaken towards 98 as oil and US yields pressure EMs: David Hauner of BofA Securities
David Hauner, Head-Global EM Fixed Income Strategy at BofA Securities, remains structurally bullish on emerging markets over the long term despite near-term headwinds. He expects oil prices to ease, the US dollar to weaken and capital flows to gradually return to emerging market assets next year.
Moody’s says India ranks among most resilient EMs to weather global shocks. Here’s why
Moody's highlights India's strong market resilience against global shocks, attributing it to stable monetary policy, anchored inflation expectations, and adjustable exchange rates. The firm notes India's limited credit spread widening and contained currency depreciation, distinguishing it from more vulnerable emerging markets. While debt levels are a constraint, India's reforms and buffers position it well for future shocks.
India among most resilient large EMs, better placed for future global shocks; policy reforms & strong buf - The Times of India
India among most resilient large EMs, better placed for future global shocks; policy reforms & strong bufThe Times of India
EMS zooms on bagging Rs 144-cr order from UP Jal Nigam
EMS zoomed 7.43% to Rs 369.25 after it has received a letter of acceptance (LoA) worth Rs 144 crore from UP Jal Nigam (Urban), Varanasi, for sewer network and house connection works.
TCG Asset Management’s Shahzad Madon picks digital infra, defence & renewables as key themes
Shahzad Madon of TCG Asset Management says investors should focus on long-term themes like energy transition, digital infrastructure, defence and manufacturing amid global uncertainty. He believes these sectors will see strong multi-year growth driven by geopolitical changes and rising demand. Madon prefers transmission plays within renewables, and remains comfortable with EMS companies due to steady earnings growth and improving margins. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Why BofA takes a contrarian call cutting India’s earnings estimates for second time in a row?
All other EMs are offering much better growth than India, and at cheaper valuations as well, says Amish Shah, head of India research at BofA Global Research