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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  Small-Cap Steel · Capacity Expansion Story Vraj Iron & Steel at ₹126: A Small Mill Building a Much Bigger Ambition Trading close to book value, backed by a near debt-free balance sheet, and sitting on a freshly-approved ₹450 crore greenfield project in Bastar — Vraj is one of the few micro-caps where the next two years' capacity roadmap is already on paper. India's steel story runs through its infrastructure spend, and Vraj Iron & Steel Ltd (₹126) sits right inside that value chain. At around ₹126, the stock trades close to its book value of roughly ₹125-130 a share, at an earnings multiple near 12x. That is not an expensive tag for a company that has just commissioned new capacity, approved a new rolling mill, and greenlit a large greenfield expansion — all inside the last six months. The bigger story here is not what Vraj ear...
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The sprawling mansions of the Rashtrapathi Bhavan & the Raj Bhavans are probably the right places to consign politicians/public figures, who have nuisance value or for whom no other use can be found....!!!
KOLKATA/NEW DELHI: UPA presidential nominee Pranab Mukherjee today called up dissident Trinamool Congress MP Kabir Suman (formerly Suman Chatterjee, before converting to Islam--for the reasons best known to all.......) who later said that he endorsed his candidature for the top post. 
Pranab's telephoning Suman drew protest from TMC which accused the Finance Minister of trying to break the party, a charge denied by Congress. 
"Pranab M directly called up a TMC MP seeking support. Politically ethical to do? Or trying to break TMC? Try & try again. Won't break," Trinamool Congress MP Derek O'Brien said on micro blogging site Twitter. 
Suman later said the the union finance minister telephoned him to inquire about his health and not to seek his vote. 
"Will a person of the stature of Pranab Mukherjee ring me up to seek my vote? He never asked me for my vote. But I want him to be President. He has vision," Suman said. 
Senior TMC leader and West Bengal minister Subrata Mukherjee claimed Mukherjee was trying to break the party. 
"This is unethical. Mukherjee should have rung up the Trinamool chief Mamata Banerjee," he said. 
"It is unfortunate and unethical to make such a phone call to an individual MP or MLA," urban development minister and a close aide of the Mamata Banerjee, Firhad Hakim told reporters. 
Another TMC party MP and Union Minister of State for Tourism Sultan Ahmed also expressed unhappiness over the development, saying Mukherjee should not speak to individual leaders of Trinamool but its chief Mamata Banerjee. 
Reacting to this, Congress spokesman Rashid Alvi said "why should we break their party? They are our allies ... We have never done it."

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