Wednesday, June 18, 2014
Do you know that IVRCL Ltd is also into Railway Projects in a major way?
Many investors, are perhaps not aware that IVRCL Ltd (Rs.24.55) also under-takes Railway Contracts and any relaxation in the FDI norms in the sector as is proposed by the government of India, is positive for the company.
This was what was mentioned in the Paid Blog today: "Railway Ministry is likely to announce 100% foreign direct investment and more investor friendly public-private-partnership model for the sector in the railway budget. Hence, you should keep all the stocks related to this space in your watch list".
The shares of the most of the companies in the Railway Sector rose up today, starting from Kalindee Rail Nirman Ltd (Rs.118.45) to Kernex Microsystems Ltd (Rs.75.85) to Tantia Construction Ltd (Rs.35.35). But the shares of IVRCL Ltd fell. Isn't it? This is due to lack awareness among the Indian Investors. CLICK HERE.