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Showing posts with the label G M Breweries Ltd---bumper results ahead

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...
Market Mantra: California Software Company Ltd is having a board meeting on January 23, 2007, inter alia, to consider the following: 1. The unaudited financial results for the nine months / third quarter October-December 2006 standalone and consolidated. 2. Proposal for amalgamation of Company's wholly owned subsidiary Webspectrum Software Ltd with the Company. 3. Allotment of 555,556 equity Shares on preferential basis based on shareholders EGM approval received on January 09, 2007. So keep watch on the counter as it will shoot if the results are good and if the company raises the preferential issue price. Buy with a short term target of Rs.120--Rs.150. G M Breweries Ltd looks good at the current price of Rs.119. The company is expected to gain from the fall in the price of molasses due to bumper sugar cane production. All the liquor scrips have appreciated handsomely in the last few months. Even Mount Shivalik and IFB Industries zoomed up recently but GM Breweries (Code:50...

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