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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...

 Crude Oil Check

Generally, the  crude oil price tends to hold up for few weeks, before giving a pronounced break out in either direction.

In the current scenario, the crude oil price is breaking one levels after another, since the war drums in Europe sounded.

Taking cues from this, we can say that crude prices may hover between $106 - $113, for sometime, before giving a decisive breakout on the upside. Photo: Macrotrends.com.

The war Between Ukraine - Russia will go on for atleast a few months, with sanctions crippling the 2nd biggest producer of crude oil. 

I feel it is pertinent to mention here that generally speaking, after - effects of sanctions generally come with a couple of months phase gap. Which means the crude oil may start to march aggressively ahead towards north, from May 2022 end.

I'm expecting the crude oil to touch at $130 a barrel in the near future, breaking which it may try to access $137/139 range.

Hence, take your position in crude oil related (drilling, exploration, seismic survey, etc) companies to reap good gains by the end of this year.

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