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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence Equity Watch · EPC & Infrastructure SEPC Ltd: ₹10,455 Crore Order Book Meets a Legal Inflection Point (₹5.26) ₹1,527.89 crore of fresh SAIL orders, Q1FY27 revenue growth, and a proposed ₹1,530 crore Avenir acquisition sit on one side of the ledger. A dismissed Madras High Court application and a ₹7.50 crore demand draft placed on record ahead of a proposed 7 October settlement sit on the other. Here is the full picture. SEPC Limited last traded at ₹5.26, giving it a market capitalisation of roughly ₹1,027 crore. That is well off its 52-week high of ₹13.72, but also comfortably above its 52-week low of ₹4.63. At a price-to-book ratio near 0.56x, the stock continues to trade at a discount to its own net worth. 1 The Order Book: From ₹4,501 Cr to ₹10,455 Cr SEPC's consolidated order b...
Flat steel prices shows sparks of revival in China
 29 Feb, 2012
Day 2 of week 9 was eventful with a sudden burst of activity in the flat product market. There was all round improvement in price more as an attempt by the mills and trading circles to push for price hike and test its acceptability.
The steel stocks even though at a high level in Chinese domestic market with very faint reduction after the Lunar Holidays. However mills have been flaunting their intention by hiking the prices by CNY 100-200 per tonne for March. An uncanny confidence is based on an anticipated hike in demand as the spring unfolds.
Although none of the players are affirmative about this turn of fortunes given the misery over the last 6 months wherein market movements have defied all logic of demand.
However a recent reduction in CRR by the PBOC on 18th February some positivism was on the cards.
It would be of avid interest whether the coercive tantrums of the mills and traders will sustain or at least give a direction to the market.

Source: Steeelprices-china.com

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