Is there an investment opportunity in PSP Projects shares?
Is this the right time to invest in the shares of PSP Projects, a company that does construction work for the government and corporate India? How much benefit will there be from investing in this stock? What targets are experts giving regarding this stock? Watch this video to know-
India’s industrial production increased by 3.2 % in October, according to official data released on Friday. According to the Index of Industrial Production (IIP) data by the National Statistical Office (NSO), the manufacturing sector’s output rose by 2% in October 2021.
In October, the mining output climbed 11.4%, and power generation increased 3.1%. The IIP had grown by 4.5% in October 2020.
During April-October 2021, the IIP grew 20% against a 17.3% contraction in the same period last year. Industrial production has been hit due to the Covid-19 pandemic since March last year when it had contracted 18.7%.
It decreased by 57.3% in April 2020 due to a decline in economic activities in the wake of the lockdown imposed to curb the spread of coronavirus infections.