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Showing posts with the label Garnet Construction hits the buyer Freeze

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...
Large caps corrects to push 30-share BSE Sensex to 12,886.13 points, down 273.42 points (2.08%), a four-month low: The fall was much smaller in the Mid and Small Cap Counter, indicating the Value in this space:BSE Small-Cap Index lost 67.05 points (1%), to close at 6,645.81. The BSE Mid-Cap Index shed 56.35 points (1%), to close at 5,466.24: L & T was the biggeset loser after some of the Pink Dailies reported that it would be loser due to some provisions of the budget : Housing Companies, Select Textile, Cement and Textile Machinery Companies shines: Banking Stocks failed to deliver even as the Inflation Nose-dives to around 6% : Garnet Construction Ltd hit the buyer freeze on the news that it is coming up with Private Placement at Rs.150 per share with a US company. Also there are news that the Company's last Quarter Results will be excellent: NCL Industries Ltd hit the buyer Freeze echoing the sentiments that Worst is over for the cement counter and now it is time that the...
Large caps corrects to push 30-share BSE Sensex to 12,886.13 points, down 273.42 points (2.08%), a four-month low: The fall was much smaller in the Mid and Small Cap Counter, indicating the Value in this space:BSE Small-Cap Index lost 67.05 points (1%), to close at 6,645.81. The BSE Mid-Cap Index shed 56.35 points (1%), to close at 5,466.24: L & T was the biggeset loser after some of the Pink Dailies reported that it would be loser due to some provisions of the budget : Housing Companies, Select Textile, Cement and Textile Machinery Companies shines: Banking Stocks failed to deliver even as the Inflation Nose-dives to around 6% : Garnet Construction Ltd hit the buyer freeze on the news that it is coming up with Private Placement at Rs.150 per share with a US company. Also there are news that the Company's last Quarter Results will be excellent: NCL Industries Ltd hit the buyer Freeze echoing the sentiments that Worst is over for the cement counter and now it is time that the...

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