The Gulf Reconstruction Play: How NRIs Can Track Indian EPC Firms Winning Overseas Contracts

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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence NRI Investing · Gulf EPC Tracker The Gulf Reconstruction Play: How NRIs Can Track Indian EPC Firms Winning Overseas Contracts A record ₹7.79 lakh crore order book at L&T with about 37 percent in the Middle East, a UAE gas pipeline award of over ₹4,000 crore at Kalpataru, a Kuwait desalination win at Wabag and a US$1 billion Gulf pipeline in sight at Engineers India. The evidence is public, and an NRI can follow it from the United States. From the United States, the Middle East usually arrives as a headline about oil, shipping lanes and geopolitics. Look one layer below it and a more practical story appears: power lines, gas pipelines, desalination plants and storage terminals that have to be built, repaired and made more resilient. Indian engineering companies already work in those markets. For a US-based NRI who follows Indian equities, the useful question is which listed firms are turn...
ARSS Infrastructure Ltd: Forming an excellent chart pattern
ARSS Infrastructure Ltd (BSE Code: 533163) has formed has excellent pattern on the candle chart. The stock is today, moving up with good volumes---just in one hour of trade nearly half a million shares have been traded and of which around 40% is delivery based trade. The CMP of the scrip is Rs.46. The stock is trading near its 52-week low price of Rs.38 and hence I feel that there is limited downside in the scrip. According to www.bseindia.com, the 52-week high for the scrip is Rs.464.90. The market cap of the company is only Rs.68.43 Cr and the book value of the shares of the company is Rs.282.15. The face value of the scrip is Rs.10. 

I have just spoken with the sources of ARSS Infrastructure Ltd.....I must say the news is too good.....I will disclose in the next week. Buy in Bulk and keep holding. It could be a multi-bagger.............

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