Discrimination faced by Mumbaikars...

If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.

Monday, August 01, 2016

JSW Energy Ltd: Buy
CMP: Rs.81
Recently Jaiprakash Power Ventures announced to sell 500 megawatt thermal power plant in central India to JSW Energy Ltd for Rs.27 bln ($401.8 mln) including debt. The analysts at Ambit Capital expect the deal to be value-accretive for JSW's shareholders, if it fructifies. Analysts say JSW Energy may put its plans to buy Monnet Ispat And Energy Ltd's 1,050 MW power plant on the back burner given rise in leverage - - which is again positive development for the share holders.

Meanwhile,  JSW Energy Ltd got fair trade regulator CCI's approval to acquire 1,000 MW power plant in Chhattisgarh from Jindal Steel and Power Ltd (JSPL). Under the deal announced in May, the Sajjan Jindal-led firm was to purchase the power plant in Raigarh for Rs 6,500 crore with certain conditions.

The enterprise value of the deal is Rs.4,000 crore plus net current assets and "which will be increased to Rs.6,500 crore plus net current assets, if certain pre-arranged conditions regarding fuel security and power off take are satisfied", JSW Energy had said in May.

JSW Energy Ltd is engaged in the business of power generation, power trading and transmission, and mining and equipment manufacturing. 

Therefore, buy the shares of JSW Energy Ltd at Rs.81, for short term targets of Rs.92-95. Please keep a SL of Rs.76, for any short term trade. 
Post a Comment