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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence POLITICAL ECONOMY | PART 1: THE TELECOM TEST The Sangh’s Costliest Blunder: Keeping Narendra Modi in the Chair After Demonetisation and a Trail of U-Turns Two private giants, one state-propped survivor, roughly ₹3.22 lakh crore in announced BSNL revival and support packages (spectrum allocation included), and ₹1.41 lakh crore of AGR dues still on the books: telecom shows what happens when one man’s brand becomes the party’s only policy. This is an argument against Narendra Modi, not against the BJP. SYNOPSIS India’s telecom market has narrowed from a messy but real plurality into two dominant private networks, one weak private survivor kept alive by government equity, and a public operator that has needed about ₹3.22 lakh crore in announced support packages and spectrum allocations, not all of it cash. The 2010 spectrum auctions that started the debt spiral were a UPA-era event, and we say so plainly. But a ...
PBA Infrastructure builds on road construction order:
The stock was recommended to the Paid Groups at Rs.67-70, a number of times. 
PBA Infrastructure rose 2.03% to Rs.90.50 at 14:29 IST on BSE, yesterday extending gains for the second day, after the company bagged a road construction order worth Rs 252.50 crore in Rajasthan under the National Highways Development Project.
The company announced the new order win during trading hours on Thursday, 23 September 2010, when the stock jumped 8.04% to Rs 88.70.
Meanwhile, the BSE Sensex was up 138.39 points, or 0.70% at 19,999.40.
On BSE, 7.44 lakh shares were traded in the counter. The stock hit a high of Rs 94.40 and a low of Rs 85.50 so far during the day.
At the ruling market price, the stock is up 10.23% in two trading sessions from a recent low of Rs 82.10 on 22 September 2010.
The project is to be executed on build, operate and transfer basis, the company said in a filing with BSE.
PBA Infrastructure's net profit declined 24.2% to Rs 3.26 crore on 20.3% decline in net sales to Rs 80.68 in Q1 June 2010 over Q1 June 2009. [from www.capitalmarket.com]

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