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Showing posts with the label Noida Toll Bridge Looks good at the current price after is turnaround in the last December

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: [Updated at 0615 hours on 09-02-07] Noida Toll Bridge Company Ltd looks good at the current price of around Rs.32.2 after the company turnaround in the last quarter garnering profits in place of net loss, Q-o-Q. For the 31 st December, 2006, the net profit of the company surged to Rs.3.03 Cr against a net loss of Rs.2.97 Cr in the same period previous year. The net Sales improved from Rs.9.98 Cr to Rs.12.07 Cr in December, 2006 quarter. Sequentially speaking also the results were good. The list of companies who hold postion in the company, include who's who of the Corporate World: HSBC Global Investment Mauritius Ltd. holds 7.46%, New Okhla Industrial Development Authority holds 5.37 %, Life Insurance Corporation of India holds 4.84 %, Merrill Lynch Capital Markets Espana S.A.S.V holds 4.01 %, IFCI LTD holds 1.93%, Morgan Stanley Dean witter Mauritius holds 1.87 % , First State Investments (Hongkong) Ltd A/c First state Indian Subcontinent fund holds 1.8%, CLSA ...

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