Media reports are suggesting that India will dismantle major ports regulator by the name of TAMP, which will pave way for major ports to fix tariffs based on demand supply. A bill to this effect will be introduced in the current session of parliament.
This will also encourage private investment in ports of India. Port is a very lop sided sector in India with JNPT controlling almost 60% container volume of entire country. This sector requires a lot of private investment.
We have two listed ports in India by the name of Adani Ports and Gujarat Pipavav. This move will have +ve impact on stock prices of both of them in the medium to long term. Gujarat Pipavav is a small port in Gujarat owned by APM with great potential. Investors should keep an eye on them.
Bookmark us for free share market tips here.
This will also encourage private investment in ports of India. Port is a very lop sided sector in India with JNPT controlling almost 60% container volume of entire country. This sector requires a lot of private investment.
We have two listed ports in India by the name of Adani Ports and Gujarat Pipavav. This move will have +ve impact on stock prices of both of them in the medium to long term. Gujarat Pipavav is a small port in Gujarat owned by APM with great potential. Investors should keep an eye on them.
Bookmark us for free share market tips here.
