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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...
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#There are a couple of good news for the shareholders of P C Jewellers Ltd (Rs. 27.35), TBZ Ltd (Rs.37.70) and Rajesh Exports Ltd (Rs.675).
Commerce and Industry Minister Piyush Goel said he will work with gems and jewellery industry on their demand to cut import duty on gold and bring back businesses, which have shifted from the country.
Photo: Live Mint
Meanwhile, India's gold imports in November, 2019, jumped 78% from a month earlier to the highest level in 5 months as jewellers in the world's second-biggest consumer of the metal restocked after a fall in prices, a government source said.

#In another significant development,  the trial run of JioFibre has ended. Hathway Cable and Datacom Ltd (Rs.19.90) and Den Networks Ltd (Rs.39.20) are both Mukhesh Ambani (majority) owned companies.
According to a media report, it seems like, Reliance Jio has finally started providing its 4K Set-Top Box to the paid JioFiber users. Mukesh Ambani-owned Reliance Jio announced Triple Play broadband plans in September this year and also said the trial run of JioFiber has ended.
All the existing JioFiber Preview customers will be migrated to paid plans which start at Rs 699.

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