Latest news with #Brahmaputra
Mint
2 days ago
- Business
- Mint
Stocks to buy today: Trade Brains Portal recommends two stocks for 14 July
Today we recommend two stocks, one from the defence sector and one from the port services shipbuilding sector iscrucial for India's economic and strategic growth, contributing to national security, economic development, and global trade. The Indian port sector iscrucial for the nation's economic growth, acting as a vital link for international trade and contributing significantly to the GDP. We also analyse the market's performance on Friday to understand what may lie ahead for stock indices in the coming days. Two stocks to buy today, recommended by Trade Brains Portal Current price: ₹1,983 Target price: ₹2,490 in 16-24 months Stop-loss: ₹1,725 Why it's recommended:One of the top shipbuilding and repair yards in India, Cochin Shipyard Ltd. was established in 1972 and has Miniratna-I status. Its infrastructure blends economy, scale and flexibility. The company has a technical partnership with Mitsubishi Heavy Industries to supply the ministry of shipping with shipbuilding and ship repair capabilities. CSL has collaborated with major players in the sector such as Vard Group (Norway), GTT (France), and Rolls-Royce Marine (Norway). In FY25, shipbuilding accounts accounted for 61% of its total income, with ship repair accounts accounting for the remaining 39%. The company reported revenue from operations of ₹4,820 crore in FY25, a 26% increase from the previous year. The shipbuilding segment contributed ₹2,955 crore of revenue, up 5% from FY24, and the ship repair segment saw an 85% increase in revenue to ₹1,864.57 margin stood at 24% to ₹1,164 crore, and inventory turnover declined to 3.31 from 5.48 in after tax was ₹827.33 crore, a 6% increase from ₹783.27 crore in FY24. The company signed many significant deals in Q1 of FY26. CSL and Drydocks World, a DP World firm, have inked a memorandum of understanding to strengthen India's offshore fabrication and ship repair capacities. CSL and HD Korea Shipbuilding & Offshore Engineering Co. Ltd. (KSOE), South Korea, formed a significant partnership that strengthened India's shipbuilding ecosystem through international cooperation and knowledge sharing, boosting independence and competitiveness in the maritime industry. Also in Q1, the company obtained an order from Polestar Maritime Ltd. for two 70 T bollard pull tugs valued at about ₹100 crore and ₹250 crore, respectively. The tugs are expected to be delivered in May 2027 and September 2027. Also, Heritage River Journeys Private Limited, doing business as Antara River Cruises, has placed a significant order with Hooghly Cochin Shipyard Limited (Hooghly CSL), a wholly owned subsidiary of CSL, for the ₹100-250 crore construction of two opulent river cruise ships to be operated on the Brahmaputra. Risk factors: The major raw materials required by CSL include steel (the grade and quality of which, in each project, depend on the necessary classification standards) and other materials, equipment, and other components like pumps, propellers, and engines. Material utilisation accounted for 52.25% of the company's expenses in fiscal 2025. The company's present fixed contracts may prevent it from passing these price increases on to its customers, which could have a negative impact on its operations, financial status, and business. Current price: ₹158 Target price: ₹185 in 12 months Stop-loss: ₹144 Why it's recommended:Founded in 1992, Gujarat Pipavav Port Ltd. (GPPL) is mainly involved in port operations, particularly at Pipavav Port, India's first private-sector port. It belongs to one of the biggest container terminal operators in the world, APM Terminals. Roll-on/roll-off (RORO), dry bulk, liquid bulk, and containers are among the cargo activities the port handles. Used port equipment sales, low-carbon logistics initiatives, crane and engineering services, quay and marine, storage and warehousing, and more are among the services offered by the organisation. The company's FY25 revenue remained flat at ₹988.4 crore from ₹987.6 crore in FY24. For the previous three years, its income increased at a CAGR of 10%. Gujarat Pipavav's profit after tax increased by 16% year over year from ₹342 crore in FY24 to ₹397 crore in FY25. Over the previous three years, net profit increased at a CAGR of 26%. Management anticipates a 2-3% gain in overall income, despite the 5% tariff hike that went into effect in January. Furthermore, the business anticipates EBITDA margins for FY26 to be between 59 and 60 percent. The company's liquid cargo capacity increased by 15% year over year from 1.28 million metric tons in FY24 to 1.47 million metric tons in FY25. Roll-on/roll-off (RORO—No. of Cars) climbed from 97,120 units in FY24 to 164,977 units in FY25, a 70% YoY increase. It anticipates a 5%–7% increase in its capacity for liquid cargo. With a predicted growth of almost 40%, its rural volumes are also expected to continue expanding strongly. Additionally, dry bulk stays the same in terms of containers, although the container market is expected to rise by 3% to 5%. In the realization part, the company aims to achieve between ₹8,500 and ₹8,800 for container, dry bulk, and liquid in FY26. Risk factors:GPPL faces competition from two nearby ports, Adani Port & SEZ Ltd (domestic capacity of over 498 million tons) and Jawaharlal Nehru Port Trust (7.7 MTEU). These ports operate on a larger scale and draw a healthy volume of traffic from nearby industrial hubs and export-import activities. The company's ability to offer competitive tariffs and ensure healthy operating efficiency will remain critical to support growth over the medium term. How the market performed on Friday in Friday the Nifty opened on a bearish note at 25,255.50, below the previous close of 25,355.25. It touched a day's low of 25,129.00 and closed at 25,149.85, below the 20-day EMA. At the end of the day, the Nifty 50 was down 205.40 points, or -0.81%. The BSE Sensex followed the same trend and declined 689.81 points, or 0.83%, from its opening of 82,820.76 to close at 82,500.47. The Nifty 50 RSI dropped to a monthly low of 48.75, and the Nifty ended above the 50/100/200 EMAs. The BSE Sensex RSI closed at 48.59, well below the overbought level of 70, and the Sensex went below the 20-day EMA but closed above the 50/100/200 EMAs. India VIX stood at 11.82 on Friday. This fall came due to reasons such as weak initial Q1 results and tariff concerns from the US, as it imposed a 35% tariff on Canada. Almost every major index declined on Friday. The Nifty IT index, which closed the day at 37,693.25, down 683.40 points, or 1.78%, was one of the top losers. TCS, Wipro, LTI Mindtree, and Oracle Financial Services were among the index's top losers, down more than 1%. TCS has fallen 3.43% due to weak Q1 results. The Nifty Media index was also among the top losers, closing Friday at 1,704.30, down by 1.60%, or 27.80 points. Among the top losers in this index were Dish TV India, Zee Entertainment, PVR Inox, and Saregama India, which fell over 2%. The Nifty Pharma index ended the day at 22,225.90, up 149.10 points or 0.68%. Glenmark Pharmaceuticals, Alkem Laboratories, and Ajanta Pharma led the sector with gains exceeding 1%. Glenmark Pharmaceuticals rose 14.55% on Friday, after the announcement that its subsidiary, IGI Therapeutics SA & AbbVie, had an exclusive global licensing agreement for the cancer and autoimmune drug ISB 2001. Asian markets were moderately bullish on Friday. The Hong Kong Hang Seng index rose 0.46%, or 111.20 points, to close at 24,139.57, while the South Korean Kospi index declined -0.23%, or 7.46 points, to close at 3,175.77. Japan's Nikkei 225 ended the day down 76.68 points, or -0.19%, at 39,569.68. The Thailand SET composite rose 0.96%, or 10.73 points, and closed at 1,121.13. The Indonesian Jakarta Composite rose 0.60%, or 42.07 points, closing at 7,047.44 points. The Shanghai index ended the day flat at 3,510.18, up 0.50 points, or 0.01%. On Friday, the US Dow Jones Futures closed at 44,348.70, down 301.94 points, or -0.68%. The Nifty 50 index has declined by 1.22% this week owing to various factors such as the weak start of earnings season, increased tariff concerns, and the weakened risk appetite of investors. Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Pvt. Ltd, and its Sebi-registered research analyst registration number is INH000015729. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
The Independent
3 days ago
- Business
- The Independent
Viking launches new India river cruises
Viking has unveiled plans for a new cruise ship to host exclusive voyages in India on the Brahmaputra River. It will be the first time the brand has offered river cruises in the country. Currently under construction and scheduled to debut in late 2027, the Viking Brahmaputra will sail between Guwahati and Nimati Ghat in the northeastern state of Assam as part of the cruise line's new 15-day itinerary, Wonders of India. The new Viking Brahmaputra will host 80 guests across 40 cabins. It will feature the signature Scandinavian design that Viking is known for, plus all cabins and suites will have floor-to-ceiling sliding glass doors with a veranda. Guests on the three-deck Viking Brahmaputra will also have access to a range of amenities including a spa and fitness centre and an open-air Sky Bar on the upper deck. The itinerary includes a fully-guided land programme with overnight stays in Delhi, Agra and Jaipur. The cruise fare will cover 13 tours, including the Golden Triangle, Agra's Taj Mahal, Old Delhi and Jaipur's ornate Palace of Winds. While sailing the Brahmaputra River, guests will see Guwahati's temple, encounter the thriving villages along its banks, search for the one-horned rhinos and buffalos of Kaziranga National Park and discover the cultures of Majuli, one of the world's largest river islands. Torstein Hagen, chairman and chief executive of Viking, said: 'With its rich heritage, deep cultural traditions and fascinating natural wonders, India is a vast and vibrant country that has captured the imagination of explorers for centuries. "In recent years, our guests have particularly enjoyed visiting Indian ports on our ocean itineraries. We are now delighted to introduce a new way for curious travellers to explore the heart of this phenomenal country, in-depth and in Viking comfort.' Other brands that offer river cruises in India include Uniworld, Avalon Waterways, Pandaw and Antara River Cruises, with sailings on the Ganges and Brahmaputra rivers.
Travel Weekly
5 days ago
- Business
- Travel Weekly
Viking will sail river cruises in India
Viking will offer its first river cruises in India beginning in 2027, debuting the itineraries after seeing how guests enjoyed visiting the country on the line's ocean cruises. A rendering of accommodations on the Viking Brahmaputra. Photo Credit: Viking Viking will sail the Brahmaputra River on the 80-guest Viking Brahmaputra. Viking will sail one 15-day itinerary that starts and ends in Delhi. The trip includes an eight-day river cruise and a guided land tour. Travelers will have the opportunity to visit 10 UNESCO World Heritage Sites as they explore India's Golden Triangle. Itinerary highlights include touring the Taj Mahal, seeing Jaipur's Palace of the Winds and visiting Guwahati's temple. Viking will offer pre- and post-departure land extensions, including in Delhi, Dubai, Kathmandu and Cochin/Mumbai. The Viking Brahmaputra will have 40 staterooms and will have the brand's signature Scandinavian design. All staterooms and suites will have floor-to-ceiling sliding glass doors with a veranda.
Time of India
5 days ago
- Politics
- Time of India
Who's the Big River Daddy?
Calling it a ticking 'water bomb', Arunachal Pradesh CM Pema Khandu has flagged China's planned 60GW mega dam near India's border, as an existential threat to his state's tribes and livelihoods. It's not a new fear in India's northeast that Beijing's hydrological ambitions on Yarlung Tsangpo, known as Brahmaputra in India, could turn catastrophic. Khandu also lends deeper context to Assam CM Himanta Biswa Sarma's recent, almost sardonic dismissal of the Pakistan warning, that India would be in trouble if China turns off the Brahmaputra tap like India has suspended IWT. Sarma said that if China were indeed to halt or divert Brahmaputra's flow, it would only benefit India's northeast. This was a political jab at an old rival. It also hinted that India's real water conflict lies with China, not Pakistan. Read full story on TOI+ Facebook Twitter Linkedin Email Disclaimer Views expressed above are the author's own.
Yahoo
6 days ago
- Science
- Yahoo
The Bangladesh delta is under a dangerous level of strain, analysis reveals
Bangladesh is known as the land of rivers and flooding, despite almost all of its water originating outside the territory. The fact that 80% of rivers that flow through Bangladesh have their sources in a neighbouring country, can make access to freshwater in Bangladesh fraught. And the country's fast-growing cities and farms – and the warming global climate – are turning up the pressure. In a recent analysis, my colleagues and I found that four out of the ten rivers that flow through Bangladesh have failed to meet a set of conditions known as their 'safe operating space', meaning that the flow of water in these rivers is below the minimum necessary to sustain the social-ecological systems that rely on them. These rivers included the Ganges and Old Brahmaputra, as well as Gorai and Halda. This puts a safe and reliable food and water supply not to mention the livelihoods of millions of fishers, farmers and other people in the region, at risk. Water flow on the remaining six rivers may be close to a dangerous state too, due to the construction of hydropower dams and reservoirs, as well as booming irrigated agriculture. Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK's latest coverage of news and research, from politics and business to the arts and sciences. The concept of a safe operating space was devised by Stockholm University researchers in 2009 and typically assesses the Earth's health as a whole by defining boundaries such as climate warming, water use and biodiversity loss which become dangerous to humanity once exceeded. A 2023 update to this research found that six of the nine defined planetary boundaries have been transgressed. Since the Bangladesh delta is one of the world's largest and most densely populated (home to around 170 million people), we thought it prudent to apply this thinking to the rivers here. We found that food, fisheries and the world's largest intertidal mangrove forest, a haven for rich biodiversity, are all under strain from water demand in growing cities such as Dhaka. During all seasons but winter, river flows in the Bangladesh delta have fallen over the past three decades. Our analysis highlights the limits of existing political solutions. The ability of the Ganges river to support life and society is severely strained, despite the Ganges water sharing treaty between India and Bangladesh, which was signed in 1996. Rivers in Bangladesh have shaped the economy, environment and culture of South Asia since the dawn of human civilisation here. And humans are not the only species suffering. Hilsha (Tenualosa ilisha), related to the herring, is a fish popular for its flavour and delicate texture. It contributes 12% to national fish production in Bangladesh but has become extinct in the upper reaches of the Ganges due to the reduction of water flow. Excessive water extraction upstream, primarily through the Farakka barrage, a dam just over the border in the Indian state of West Bengal, has also raised the salinity of the Gorai river. A healthy river flow maintains a liveable balance of salt and freshwater. As river flows have been restricted, salinity has crept up, particularly in coastal regions that are also beset by sea level rise. This damages freshwater fisheries, farm yields and threatens a population of freshwater dolphins in the Ganges. Low river flows and increasing salinisation now threaten the destruction of the world's largest mangrove forest, the loss of which would disrupt the regional climate of Bangladesh, India and Nepal. It would also release a lot of stored carbon to the atmosphere, accelerating climate change and the melting of snow and ice in the Himalayan mountain chain. Solving this problem is no simple task. It will require cooperation across national boundaries and international support to ensure fair treaties capable of managing the rivers sustainably, restoring their associated ecosystems and maintaining river flows within their safe operating spaces. This is particularly challenging in the Bangladesh delta, which contains rivers that drain many countries, including China, India, Nepal and Pakistan. The political regimes in each country might oppose transboundary negotiations, which could nevertheless resolve conflict over water which is needed to sustain nearly 700 million people. There have been success stories, however. The Mekong river commission between Cambodia, Laos, Thailand and Vietnam is a useful template for bilateral and multilateral treaties with India and Nepal for the Ganges, and China and Bhutan for the Jamuna river. Tax-based water sharing can help resolve conflicts and decide water allocation between countries in the river basin. The countries using more water would pay more tax and the revenue would be redistributed among the other countries who share rivers in the treaty. Additionally, water sharing should be based on the historical river flow disregarding existing infrastructure and projections of future changes. Reducing deforestation, alternating land use and restoring wetlands could enhance resilience to flooding and drought and ensure water security in the Bangladesh delta. Ultimately, to secure a safe operating space for the rivers here is to secure a safe future for society too. Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation's environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who've subscribed so far. This article is republished from The Conversation under a Creative Commons license. Read the original article. Md Sarwar Hossain does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
