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SumanSpeaks Capital Markets & Geopolitical Intelligence · Estd 200 6 Turnaround Watch · EPC SEPC Ltd (₹6.54): From Stressed Asset to Strategic Platform Debt down from a peak of ₹907 crore to ₹351 crore. Two SAIL orders worth ₹1,527.89 crore landed inside eight weeks. A Dubai-headquartered promoter that bailed the company out of an RBI stressed-asset restructuring is now backing an ADNOC-linked entry into the Middle East. This is what a real turnaround looks like when you actually read the balance sheet instead of the ticker. 1 The Arc: From a ₹300 IPO to a Stressed Asset to a Rescue SEPC Ltd listed in February 2008 as Shriram EPC, priced at ₹300 a share, raising ₹150 crore under the Shriram Group — one of India's most recognised financial-services names, then led by T Shivaraman...
India emerging as a manufacturing hub for cars:
The four-door hatchback will be built in Chennai where the company has invested $500 million to double the capacity of an existing plant to 200,000 units a year.
This is very good news for Sicagen India Ltd (to some extent at it sells commercial vehicles) and Refex Refrigerants Ltd (who sells refrigerant gases to the auto and consumer durable companies)...
London: India is emerging as an auto manufacturing centre with Ford also choosing to manufacture its new small car Figo here- the latest in the new wave of small cars to be built in the country by foreign car makers.
The four-door hatchback will be built in Chennai where the company has invested $500 million to double the capacity of an existing plant to 200,000 units a year, the Times reported.
It will be sold both in India, which has a 250 million plus middleclass, and overseas.
The company, which had incurred losses to the tune of $30 billion between 2006 and 2008, hopes that the young Indian population would go for the new car in a big way and help turn the company’s fortune.
General Motors, Toyota, Honda, Volkswagen and Nissan sell small cars in India or will do so soon. Tata took the initiative in this regard with its Nano costing Rs. one lakh plus taxes and delivery charges.

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