Image
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...
Important
(i) The short term traders can exit Bharat Heavy Electricals Ltd at Rs.136, as it has broken Rs.137. If it
Photo: CanStock Photo
gets support around Rs.132, then buy or else wait for the price to stabilize. For the long term you can hold with a SL of Rs.107.

(ii) The short term traders can exit Adani Enterprise Ltd as it has broken Rs.75. You can again accumulate around Rs.67-68, where it might get some support. If it goes below Rs.67, then long term traders can forget the counter.

(iii) Accumulate Unitech Ltd (Rs.5.05) and IVRCL Ltd (Rs.4.80), because the construction activities are about to start post monsoons. 

(iv) Reliance Communications Ltd (Rs.51.80) is moving on the hope of any merger news. But unless it closes above Rs.53.50, there is no hope. In such circumstances, the short term traders can book profits as it moves up, till it closes above Rs.53.50, where you can again start accumulating.

(v) Those who have entered Syncom Formulations Ltd (Rs.2.88) again at around Rs.2.70, should continue to hold the counter with a SL of Rs.2.40. 

Comments

Popular posts from this blog