Actis to acquire 4 HAM road assets from Patel Infrastructure
Thu, Feb 8, 2024 10:11 PM

Actis to acquire 4 HAM road assets from Patel Infrastructure

A Flip by Shubhangi Gupta
Get it on Google Play
Actis, an emerging markets infrastructure investor, has acquired a portfolio of four Hybrid Annuity Model road assets in India. This is the second roads portfolio acquisition in India for Actis, as they see huge potential in the country's infrastructure sector. The assets are awarded by NHAI and offer fixed revenues with interest rate indexation features.

More great flips

Rupee hits 86 against US dollar, settles 14 paise lower

Rupee hits 86 against US dollar, settles 14 paise lower

The rupee declined 14 paise and touched the crucial 86.00-mark (provisional) for the first time against the US dollar on Friday as it failed to resist pressure from a stronger American currency and huge outflow of foreign funds. Surging crude oil prices overseas and negative sentiment in domestic equity markets also weighed down the Indian currency, forex traders said.

Open Flip
Ashok Leyland, Coforge to HCL Tech: Top 8 stock picks for January

Ashok Leyland, Coforge to HCL Tech: Top 8 stock picks for January

๐Ÿ“Œ Mirae Asset Capital Markets recommends eight stocks with significant upside potential, including๐Ÿ“Œ Ashok Leyland, ๐Ÿ“ŒCoforge,๐Ÿ“Œ Federal Bank,๐Ÿ“Œ HCL Technologies, ๐Ÿ“ŒVarun Beverages,๐Ÿ“Œ KIMS,๐Ÿ“Œ Rainbow Children Medicare, and๐Ÿ“Œ Uno Minda, driven by their strong market share, order intake growth, solid loan growth, and expansion plans.

Open Flip
Shares of this wealth manager surged 7% ahead of its board meet

Shares of this wealth manager surged 7% ahead of its board meet

Shares of Anand Rathi Wealth Ltd. surged another 4.5% on Friday, adding to Thursday's 2.7% advance. The stock ended 4% higher for the week, outperforming the Nifty Midcap index which fell 6%, and the Smallcap index, which declined 7% for the week. The stock will be in focus on Monday, January 13, as the company's board will meet to discuss its quarterly results for the October-December period.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon